Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

240 Wade Avenue Unit# 401

Penticton, BC V2A1T8

$399,000

2 bed2 bath1 parking1,089 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$441/mo
Annual property tax
$2,413.76

Interior

Heating
Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Mixed Flooring
Appliances
Refrigerator, Oven - Electric, Dishwasher, Microwave, Washer & Dryer

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
027-691-331

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
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 level11'11'' x 13'2''
Living roomMain level16'2'' x 14'5''
Laundry roomMain level5'5'' x 6'1''
KitchenMain level8'7'' x 13'10''
Dining roomMain level9'11'' x 5'10''
BedroomMain level9'11'' x 17'9''
4pc Ensuite bathMain level7'10'' x 5'1''
3pc BathroomMain level5'6'' x 7'6''

Listing Information

MLS®
10398781
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

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

Description

Perched on the top floor of this spacious 2 bedroom, 2 bathroom home offers 1,088 sq ft of living space. The open kitchen, dining, and living area is anchored by a corner fireplace and flows out to a private balcony, framed by mountain and valley views. The kitchen is finished with rich wood cabinetry, and a full black appliance package including a stainless fridge, all overlooking the dining and living space, making it easy to cook and still be part of the conversation.The primary bedroom is a genuine retreat at over 150 sq ft, and a private 4 piece ensuite, plus its own balcony access. The second bedroom is equally generous and sits near the main 3-piece bath, ideal for guests, a roommate, or a home office setup. In-suite laundry with a utility sink adds everyday convenience. Additional building perks include underground parking, storage locker, an elevator, and a location that puts you within easy reach of downtown Penticton's restaurants, the farmer's market, Okanagan Lake, and the beach. Whether you're downsizing, investing, or looking for a low-maintenance home base in the heart of the Okanagan, this top floor unit is worth a look. (id:63159)

Values & Trends

This listing

$366/sqft

Building average

No other active listings in this building

Main North average

$533/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

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

33

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 ElementaryElementary476 m
ConnectEd - Alternative ProgramsSecondary760 m
Secondaire de PentictonSecondary761 m
Penticton SecondarySecondary761 m
Penticton Christian School(Independent)K-121.0 km
Holy Cross School(Independent)Elementary/Middle1.4 km
Uplands ElementaryElementary1.6 km
Entre-lacsElementary/Middle2.0 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 Magic310 m
  • Spice Magic310 m
  • Twisted Chopsticks323 m
  • Mykonos Pizza and Spaghetti House356 m
  • Penticton Indian Cuisine361 m

Cafes (5+)

  • Caffè d'Italia323 m
  • Angry Vegan · 536 Main Street409 m
  • Blenz Coffee436 m
  • Balance Vegetarian Shop and Tea Room446 m
  • Bellevue Cafe452 m

Parks (5+)

  • Unnamed619 m
  • Unnamed658 m
  • Unnamed668 m
  • Gyro Park679 m
  • Unnamed681 m

Pharmacies (3)

  • Remedy'sRx329 m
  • Knights Pharmacy394 m
  • Sunrise Pharmacy · 749 Main Street601 m

Banks & ATMs (5+)

  • Scotiabank311 m
  • Prospera Credit Union358 m
  • TD361 m
  • CIBC408 m
  • RBC428 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$696.05
Total monthly cost$2,755.42
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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