Property Type: Detached HouseOwnership: Freehold

1634 Carmi Avenue Unit# 105

Penticton, BC V2A8K5

$650,000

3 bed3 bath2 parking2,284 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.07 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$100/mo
Annual property tax
$3,637.95

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Utility roomBasement15'1'' x 17'
Recreation roomBasement14'9'' x 22'2''
DenBasement14'6'' x 14'9''
3pc BathroomBasement6'9'' x 7'10''
BedroomBasement12'9'' x 14'9''
Laundry roomMain level5'6'' x 11'11''
4pc BathroomMain level7'6'' x 7'10''
BedroomMain level9'5'' x 11'11''
Full bathroomAdditional Accommodation4'11'' x 7'10''
Primary BedroomMain level12'10'' x 12'11''
Dining roomMain level9'7'' x 14'11''
Living roomMain level12'4'' x 15'6''
KitchenMain level11'9'' x 15'

Listing Information

MLS®
10386067
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Spacious, turn-key living in one of Penticton’s sought-after 55+ gated communities! Updated and designed for easy main floor living, this well cared for home offers comfort, convenience, and peace of mind with many of the big ticket items already completed. The bright open-concept main level features a generous primary bedroom, updated bathrooms with tiled showers, fresh flooring, an inviting living space with newer fireplace, and a functional kitchen perfect for entertaining or quiet mornings at home. Downstairs offers additional bedrooms and flexible space for hobbies, guests, or visiting family while large legal windows keep the lower level bright and welcoming. Major updates including Poly B replacement, blown fibreglass insulation, newer appliances, newer garage door, and other mechanical improvements help make this a true move-in ready opportunity. Outside, enjoy the covered deck, easy-maintenance yard, and double car garage all within a quiet, well maintained community close to shopping, recreation, and everyday amenities. Relax, downsize, and enjoy the lifestyle you’ve earned. (id:63159)

Values & Trends

This listing

$285/sqft

Building average

No other active listings in this building

Columbia/Duncan average

$417/sqft

30 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

36,885

(2021 Census)

+9.3% since 2016

Density: 857.2/km²

Dwellings: 18,457

Median household income: $68,000

After-tax: $61,600

Immigrant population: 13.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 960
  • India1.5% · 535
  • United States of America1.1% · 415
  • Germany1.1% · 390
  • Philippines1% · 375
  • Portugal0.5% · 200
  • Netherlands0.5% · 175
  • Korea, South0.3% · 110

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Columbia ElementaryElementary524 m
Wiltse ElementaryElementary1.5 km
Entre-lacsElementary/Middle1.5 km
Holy Cross School(Independent)Elementary/Middle2.2 km
Penticton Christian School(Independent)K-122.5 km
Secondaire de PentictonSecondary2.6 km
Penticton SecondarySecondary2.6 km
ConnectEd - Alternative ProgramsSecondary2.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$517.16
Total monthly cost$3,872.03
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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