198 Bankview Place
Penticton, BC V2A1B4
$1,498,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.27 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,469.87
Interior
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (2)
- Fireplace type
- Wood, Gas, Conventional, Unknown
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 9'4'' x 7'2'' |
| Workshop | Basement | 12'9'' x 29'11'' |
| Storage | Basement | 12'10'' x 19'1'' |
| Bedroom | Basement | 10'3'' x 8'9'' |
| Laundry room | Basement | 12'5'' x 16'10'' |
| 3pc Bathroom | Basement | 7'1'' x 7'8'' |
| Recreation room | Basement | 25'10'' x 22'7'' |
| Bedroom | Main level | 13'8'' x 10'9'' |
| Full bathroom | Main level | 7'4'' x 8'5'' |
| Primary Bedroom | Main level | 13'3'' x 21'1'' |
| Living room | Main level | 12'11'' x 20' |
| Dining nook | Main level | 11'3'' x 4'10'' |
| Dining room | Main level | 19'4'' x 11'4'' |
| Living room | Main level | 12'10'' x 19'9'' |
| Kitchen | Main level | 12'10'' x 13'7'' |
Listing Information
- MLS®
- 10377601
- Listed
- March 2, 2026
- Time on market
- On the market for 182 days
- Data last synced
- August 28, 2026
Listing provided by: Skaha Realty Group Inc. · Data source: CREA DDF.
Description
RARE DIAMOND in the rough with WATER VIEWS in one of Penticton's PREMIER neighbourhoods awaits its next owner. Open the front door and be instantly WOWED you guessed it by the VIEW! This charming home features an OVERSIZED FOYER with high ceilings, SUPER SIZED dining room with a 180 degree view of Okanagan Lake and the city, living room, family room, functional kitchen with oak cabinets, 3 bedrooms including a LARGE primary, and 2 bathrooms. The unfinished 1400 sq ft basement with walkout access gives you SUITE POTENTIAL. The generously sized BACKYARD features a viewing deck, PATIO, and garden area with a LILY POND. Just imagine having your private view of the Canada Day fireworks right from your HOT TUB, deck or dining room! This lovely home has a great walking score with close proximity to the Penticton Farmers Market, OKANAGAN BEACH, and ALL the amenities in the city while feeling like your living in your own charming country side retreat. Option two...R4 ZONING may allow you to build multiple units, live in one and sell the others to offset the cost of your build. Endless options here...call today to book your showing. Tenant in place. Showings after 4pm please. 24 HR notice a must. (id:63159)
Values & Trends
This listing
$877/sqft
Building average
—
No other active listings in this building
Uplands/Redlands average
$1,032/sqft
17 active listing(s)
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
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
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
| School | Type | Distance |
|---|---|---|
| Uplands Elementary | Elementary | 518 m |
| ConnectEd - Alternative Programs | Secondary | 1.5 km |
| Secondaire de Penticton | Secondary | 1.7 km |
| Penticton Secondary | Secondary | 1.7 km |
| Entre-lacs | Elementary/Middle | 1.8 km |
| Penticton Christian School(Independent) | K-12 | 2.0 km |
| Queens Park Elementary | Elementary | 2.0 km |
| Holy Cross School(Independent) | Elementary/Middle | 2.3 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
Restaurants (3)
- Rusty's490 m
- The Bench Market682 m
- The Prague Café741 m
Parks (1)
- Vancouver Avenue Park602 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.