Property Type: Condo / ApartmentOwnership: Strata

240 Wade Avenue W Avenue Unit# 305

Penticton, BC V2A1T8

$399,000

2 bed2 bath1 parking919 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
$385/mo
Annual property tax
$2,098

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

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

Exterior & Lot

Exterior features
Vinyl siding, Other
Lot features
Central island, One Balcony

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
027-691-241

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
Dining roomMain level15'4'' x 16'1''
Laundry roomMain level7'10'' x 5'10''
3pc BathroomMain level6' x 7'7''
4pc Ensuite bathMain level5'1'' x 9'2''
BedroomMain level9'6'' x 12'2''
Primary BedroomMain level10'11'' x 19'2''
KitchenMain level5'9'' x 13'6''
Living roomMain level11'11'' x 9'8''

Listing Information

MLS®
10389058
Listed
May 27, 2026
Time on market
On the market for 96 days
Data last synced
August 30, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

CLICK VIDEO. Beautifully maintained 2-bedroom, 2-bathroom condo perfectly located within walking distance to downtown Penticton, Okanagan Lake and beaches, the SOEC, rec centre, farmer’s market, restaurants and more. This bright open-concept home features engineered hardwood flooring, ceramic tiles, 9-foot ceilings, crown moldings, maple-faced cabinetry, and a modern kitchen with black appliances and a large granite island. Enjoy in-suite laundry, secured underground parking with EV charging, and access to a spacious community patio. Pet-friendly building allowing one dog of any size and/or one cat, with no age restriction, makes this an ideal home for families, down-sizers, or investors. (id:63159)

Values & Trends

This listing

$434/sqft

Building average

No other active listings in this building

Main North average

$532/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

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 ElementaryElementary479 m
ConnectEd - Alternative ProgramsSecondary762 m
Secondaire de PentictonSecondary766 m
Penticton SecondarySecondary766 m
Penticton Christian School(Independent)K-121.0 km
Holy Cross School(Independent)Elementary/Middle1.5 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 Magic303 m
  • Spice Magic303 m
  • Twisted Chopsticks318 m
  • Mykonos Pizza and Spaghetti House344 m
  • Penticton Indian Cuisine349 m

Cafes (5+)

  • Caffè d'Italia318 m
  • Angry Vegan · 536 Main Street409 m
  • Blenz Coffee423 m
  • Balance Vegetarian Shop and Tea Room433 m
  • Bellevue Cafe438 m

Parks (5+)

  • Unnamed605 m
  • Unnamed644 m
  • Gyro Park665 m
  • Unnamed668 m
  • Unnamed675 m

Pharmacies (3)

  • Remedy'sRx319 m
  • Knights Pharmacy383 m
  • Sunrise Pharmacy · 749 Main Street608 m

Banks & ATMs (5+)

  • Scotiabank303 m
  • Prospera Credit Union351 m
  • TD352 m
  • CIBC395 m
  • RBC415 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.)$605.83
Total monthly cost$2,665.20
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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