Property Type: Mobile / Manufactured

2 Riva Ridge

Penticton, BC V2A6J7

$95,000

2 bed1 bath2 parking924 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
Manufactured Home
Stories
1

Ownership & Fees

Property type
Mobile / Manufactured
Strata / maintenance fee
$857/mo
Annual property tax
$953.17

Maintenance Fee Includes

Also included: Pad Rental

Interior

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

Exterior & Lot

View
City view, Lake view, Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level7'0'' x 5'0''
BedroomMain level10'0'' x 10'0''
Primary BedroomMain level11'0'' x 13'6''
KitchenMain level11'0'' x 15'0''
FoyerMain level4'0'' x 6'0''
Dining roomMain level8'0'' x 5'0''
Living roomMain level15'0'' x 13'6''

Listing Information

MLS®
10395233
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

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

Description

LOCATION, VIEWS & POTENTIAL! Rare opportunity to own a front-row home in sought-after Riva Ridge Estates with sweeping South Okanagan views. This is your chance to transform a well-located property into something truly special. The home is ready for renovation and offers endless possibilities for buyers looking to add their own style and value. Enjoy the peaceful setting while being just minutes from Penticton's beaches, shopping, restaurants, golf courses, and world-class wineries. Convenient access to Highway 97 makes getting around the South Okanagan effortless. Whether you're looking for an affordable project, an investment opportunity, or the perfect place to create your next home, the potential here is undeniable. Front-row properties in Riva Ridge Estates rarely come available—don't miss your chance to make this one your own. Measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$103/sqft

Building average

No other active listings in this building

Main South average

$241/sqft

13 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
Princess Margaret SecondarySecondary2.7 km
Wiltse ElementaryElementary4.2 km
Holy Cross School(Independent)Elementary/Middle4.7 km
Penticton Christian School(Independent)K-125.0 km
Secondaire de PentictonSecondary5.3 km
Penticton SecondarySecondary5.3 km
Queens Park ElementaryElementary5.4 km
ConnectEd - Alternative ProgramsSecondary5.4 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 (1)

  • Angry Vegan Organic Juice Bar & Dispensary · 4125 Skaha Lake Road716 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$76,000.00
Periodic payment — Principal & Interest (monthly)$490.33
Additional monthly expenses (strata, tax, utilities, etc.)$982.23
Total monthly cost$1,472.56
Interest paid over 5-yr term$21,781.82
Balance at end of term$68,362.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,750
Stress test qualifying rate8.09%
Payment you must qualify for$693.99

Cash Needed at Closing

Minimum down payment$4,750
Estimated BC PTT$950
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,200

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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