Property Type: Detached HouseOwnership: Freehold

1634 Carmi Avenue Unit# 121

Penticton, BC V2A8K5

$635,000

2 bed2 bath2 parking1,273 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.07 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$100/mo
Annual property tax
$3,651.99

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, 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
Wine CellarBasement7'6'' x 15'6''
OfficeBasement9'7'' x 14'1''
Primary BedroomMain level13'3'' x 13'8''
Living roomMain level14'2'' x 13'4''
Laundry roomMain level11'5'' x 9'1''
KitchenMain level12'11'' x 9'4''
Family roomMain level13' x 10'3''
Dining roomMain level11'7'' x 13'10''
BedroomMain level10' x 9'
4pc BathroomMain level
3pc Ensuite bathMain level

Listing Information

MLS®
10393221
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Welcome to Carmi Heights, a secure and well-maintained 55+ gated community offering comfort, convenience, and low-maintenance living in a peaceful adult-oriented setting. Known for its friendly atmosphere and great neighbours, this charming 2-bedroom, 2-bathroom home offers 1,366 sq ft of functional living space, an attached double garage, gas forced-air heating, and central air conditioning for year-round comfort. The bright, practical layout provides easy main-level living, while the lower level offers a hobby/shop area and plenty of storage space. Backing onto a beautiful park-like property, this home enjoys peaceful views of nature and added privacy. The south-facing deck is ideal for relaxing outdoors and taking in the natural surroundings. Ideally located close to shopping, healthcare services, and essential amenities, this home is a wonderful option for those seeking a quiet, simplified lifestyle in a desirable gated community. Pets are welcome with some restrictions. (id:63159)

Values & Trends

This listing

$499/sqft

Building average

No other active listings in this building

Columbia/Duncan average

$409/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

17°C

Mainly Clear

Humidity 67%

Wind NE 4 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 ElementaryElementary554 m
Wiltse ElementaryElementary1.4 km
Entre-lacsElementary/Middle1.5 km
Holy Cross School(Independent)Elementary/Middle2.1 km
Penticton Christian School(Independent)K-122.4 km
Secondaire de PentictonSecondary2.6 km
Penticton SecondarySecondary2.6 km
ConnectEd - Alternative ProgramsSecondary2.6 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: 6.1% ($38,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$508,000.00
Periodic payment — Principal & Interest (monthly)$3,277.44
Additional monthly expenses (strata, tax, utilities, etc.)$468.33
Total monthly cost$3,745.78
Interest paid over 5-yr term$145,594.26
Balance at end of term$456,947.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,586.88

Cash Needed at Closing

Minimum down payment$38,500
Estimated BC PTT$10,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,700

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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