Property Type: Detached HouseOwnership: Freehold

192 Alder Avenue

Kaleden, BC V0H1K0

$2,199,900

4 bed3.5 bath3 parking2,731 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.23 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,312

Interior

Heating
Forced air, See remarks, Other
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Tile, Ceramic Tile

Exterior & Lot

Exterior features
Stucco
Waterfront
Waterfront on lake

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
3 — covered indicated
Features
Attached Garage, RV

Room Dimensions

RoomLevelDimensions
BedroomSecond level13'9'' x 13'5''
Family roomSecond level13'9'' x 24'1''
BedroomSecond level15'10'' x 14'0''
BedroomSecond level15'10'' x 14'0''
5pc BathroomSecond level11'8'' x 9'0''
OtherMain level9'11'' x 6'11''
Primary BedroomMain level17'10'' x 13'11''
Living roomMain level15'10'' x 22'2''
Laundry roomMain level11'0'' x 6'0''
KitchenMain level7'6'' x 11'11''
FoyerMain level6'5'' x 7'5''
Dining roomMain level9'3'' x 11'11''
4pc BathroomMain level13'6'' x 8'11''
2pc BathroomMain level5'4'' x 5'6''

Listing Information

MLS®
10380400
Listed
March 24, 2026
Time on market
On the market for 160 days
Data last synced
August 28, 2026

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

Description

CLICK TO SEE THE VIDEO! If you've been to Kaleden, then you know it's a magical community on the outskirts of Penticton, which you just don't want to ever leave. It offers a quiet lifestyle with many local amenities for your family to enjoy. A local beach, park, boat launch, tennis/pickleball courts, ice hockey rink in the winter, KVR trail is just outside your door. Plus, enjoy the community events throughout the year. This home, with a gated driveway, sits on a 60' x 180' waterfront lot with a sandy beach. Built in 2002, it only needs your personal touch to make it your own. With ground-level entry, all your living can be done on the main floor. The large living room has a gas fireplace and beautifully crafted built-in cabinets. The primary bedroom's view is something out of a travel magazine - a jaw-dropping blend of water and mountains. The upper and lower floors feature large vinyl decks. Double-car garage with ceilings to accommodate your car lift. But that's not what you will be buying. This place is for creating memories.... coffee on the deck with a sunrise, waterski session before breakfast, and smores by the bonfire on the beach at night. This is where playing all year round is right outside your door. Imagine watching kids from inside of your home while they are jumping off your future new dock (we have a quote for it). This is a rare chance to own waterfront property in the beautiful South Okanagan. Call the listing agent for details. (id:63159)

Values & Trends

This listing

$806/sqft

Building average

No other active listings in this building

Kaleden average

$476/sqft

21 active listing(s)

Parking: 3 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

Nearest station: Penticton

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary797 m
Okanagan Falls ElementaryElementary5.4 km
Princess Margaret SecondarySecondary8.0 km
Wiltse ElementaryElementary9.1 km
Holy Cross School(Independent)Elementary/Middle10.6 km
Columbia ElementaryElementary10.8 km
Penticton Christian School(Independent)K-1211.0 km
Entre-lacsElementary/Middle11.3 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.

Nearby Places

Cafes (1)

  • Frog City Cafe708 m

Parks (2)

  • Kaleden Hotel Park344 m
  • Pioneer Park704 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,759,920.00
Periodic payment — Principal & Interest (monthly)$11,354.41
Additional monthly expenses (strata, tax, utilities, etc.)$829.67
Total monthly cost$12,184.07
Interest paid over 5-yr term$504,398.13
Balance at end of term$1,583,053.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,980
Stress test qualifying rate8.09%
Payment you must qualify for$13,533.17

Cash Needed at Closing

Minimum down payment$439,980
Estimated BC PTT$43,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,477

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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