Property Type: Detached HouseOwnership: Freehold

199 Lakehill Road

Kaleden, BC V0H1K0

$850,000

3 bed2 bath5 parking2,138 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.47 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,568.24

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Brick
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, Other, Additional Parking

Room Dimensions

RoomLevelDimensions
WorkshopMain level12'6'' x 6'6''
OtherLower level12'6'' x 5'9''
DenLower level10'8'' x 9'1''
Laundry roomLower level22'5'' x 6'1''
Utility roomLower level2'8'' x 2'3''
Utility roomLower level5'10'' x 3'5''
SunroomLower level10'2'' x 9'6''
Recreation roomLower level19'10'' x 13'6''
Primary BedroomLower level14'4'' x 13'6''
Living roomMain level16'4'' x 13'8''
KitchenLower level15'4'' x 13'6''
KitchenMain level8' x 13'8''
Dining roomMain level13'3'' x 13'8''
BedroomLower level13'3'' x 12'10''
BedroomMain level11'9'' x 9'6''
3pc BathroomLower level
4pc BathroomMain level

Listing Information

MLS®
10391675
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

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

Description

Enjoy the peaceful lifestyle that Kaleden is known for with this spacious 2,100 sq. ft. family home set on 1.47 acres of sloping hillside, ready for your ideas and future vision. Offering 4 bedrooms plus a den and 2 bathrooms, this home features a functional family-friendly layout with an open-concept kitchen, dining, and living area designed to capture the beautiful lake and mountain views. Step outside to the large deck off the main level, the perfect place to relax, entertain, and take in the surrounding scenery. The main bathroom includes a glass-enclosed shower and a soaker tub, creating a comfortable retreat at the end of the day. The walk-out basement features a summer kitchen and an ideal setup for an in-law suite or extended family accommodation. Additional features include central air conditioning and plenty of space both inside and out. Located just a short walk from Kaleden Elementary School, the property is surrounded by a charming mix of vineyards, rural acreages, and established residential homes. Kaleden offers the appeal of a quiet lakeside community while remaining conveniently close to Penticton, with school bus service available to secondary schools. A wonderful opportunity to enjoy Okanagan living with room to grow. (id:63159)

Values & Trends

This listing

$398/sqft

Building average

No other active listings in this building

Kaleden average

$496/sqft

21 active listing(s)

Parking: 5 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.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary625 m
Okanagan Falls ElementaryElementary5.9 km
Princess Margaret SecondarySecondary7.9 km
Wiltse ElementaryElementary9.1 km
Holy Cross School(Independent)Elementary/Middle10.4 km
Penticton Christian School(Independent)K-1210.8 km
Columbia ElementaryElementary10.9 km
Penticton SecondarySecondary11.2 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: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$404.35
Total monthly cost$4,791.48
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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