Property Type: Condo / ApartmentOwnership: Strata

196 Wade Avenue W Unit# 306

Penticton, BC V2A1T6

$319,900

2 bed2 bath1 parking914 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$475/mo
Annual property tax
$1,984.17

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed, Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level10'7'' x 18'4''
Living roomMain level12'4'' x 13'10''
Laundry roomMain level7'10'' x 5'11''
KitchenMain level9'5'' x 10'0''
Dining roomMain level5'7'' x 13'6''
BedroomMain level9'7'' x 11'6''
4pc Ensuite bathMain level4'11'' x 8'3''
3pc BathroomMain level6'1'' x 6'6''

Listing Information

MLS®
10397559
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Priced below assessed value. Welcome to The Stratford, a secure and centrally located building in the heart of downtown Penticton. This immaculate 2-bedroom, 2-bathroom condo offers the perfect blend of lifestyle and convenience, just steps to shopping, restaurants, breweries, the casino, events centre, and Okanagan Lake. This bright third-floor corner unit features 9 ft ceilings, a functional open layout, and a sunny south-facing deck. The bedrooms are thoughtfully positioned on opposite sides for privacy. The primary bedroom includes a walk-through closet and ensuite. Additional features include in-suite laundry with extra storage, air conditioning, updated paint and one secure underground parking stall. Pet-friendly (1 cat or dog), no age restrictions, and rentals allowed with a 30-day minimum—ideal for first-time buyers, downsizers, or investors. Enjoy walking to the Farmers Market, nearby beaches, and bike paths connecting to the KVR Trail. Vacant and ready for quick possession. Measurements are approximate. (id:63159)

Values & Trends

This listing

$350/sqft

Building average

No other active listings in this building

Main North average

$534/sqft

46 active listing(s)

Parking: 1 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

5/9 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
Queens Park ElementaryElementary620 m
ConnectEd - Alternative ProgramsSecondary660 m
Secondaire de PentictonSecondary687 m
Penticton SecondarySecondary687 m
Penticton Christian School(Independent)K-12972 m
Holy Cross School(Independent)Elementary/Middle1.4 km
Uplands ElementaryElementary1.5 km
Entre-lacsElementary/Middle1.9 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

Restaurants (5+)

  • Spice Magic155 m
  • Spice Magic156 m
  • Twisted Chopsticks176 m
  • The Cellar206 m
  • Mykonos Pizza and Spaghetti House221 m

Cafes (5+)

  • Caffè d'Italia177 m
  • Angry Vegan · 536 Main Street293 m
  • Blenz Coffee313 m
  • Bellevue Cafe349 m
  • Balance Vegetarian Shop and Tea Room438 m

Parks (5+)

  • Unnamed544 m
  • Unnamed574 m
  • Gyro Park614 m
  • Unnamed631 m
  • Unnamed647 m

Pharmacies (3)

  • Remedy'sRx177 m
  • Knights Pharmacy251 m
  • Sunrise Pharmacy · 749 Main Street552 m

Banks & ATMs (5+)

  • Scotiabank155 m
  • Prospera Credit Union203 m
  • TD205 m
  • CIBC294 m
  • RBC297 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,920.00
Periodic payment — Principal & Interest (monthly)$1,651.11
Additional monthly expenses (strata, tax, utilities, etc.)$686.66
Total monthly cost$2,337.77
Interest paid over 5-yr term$73,347.41
Balance at end of term$230,200.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,336.92

Cash Needed at Closing

Minimum down payment$15,995
Estimated BC PTT$4,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,893

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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