Property Type: Detached HouseOwnership: Freehold

250 Lower Bench Road

Penticton, BC V2A1A8

$1,400,000

5 bed3 bath2 parking3,988 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
2.41 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,990.13

Interior

Heating
Baseboard heaters, Hot Water, Other
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Brick, Stucco
View
City view, Lake view, Mountain view, Valley view, View (panoramic), Unknown

Building

Roof
Tile, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level14'1'' x 18'
Living roomSecond level14'1'' x 15'5''
KitchenSecond level25'3'' x 12'5''
Family roomSecond level14'1'' x 19'3''
Dining roomSecond level14'1'' x 11'7''
BedroomSecond level11'4'' x 13'3''
BedroomSecond level10'8'' x 11'2''
6pc BathroomSecond level7'7'' x 13'7''
5pc Ensuite bathSecond level7'7'' x 13'7''
Utility roomMain level8'4'' x 13'10''
StorageMain level9'8'' x 9'10''
OfficeMain level9'11'' x 7'1''
Living roomMain level13'11'' x 21'4''
KitchenMain level13'9'' x 13'10''
FoyerMain level13'5'' x 12'3''
Dining roomMain level11'10'' x 12'3''
BedroomMain level8'2'' x 13'10''
BedroomMain level14'1'' x 19'1''
4pc BathroomMain level8'2'' x 13'10''

Listing Information

MLS®
10397738
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

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

Description

Situated on a gorgeous 2.41-acre property, this stunning home - owned by only one couple who grew their grapes, fig trees, and raised three boys - boasts spectacular lake, city, mountain, and valley views. This well-built, quality-constructed 3,988 sq. ft. home features 5 bedrooms and 3 bathrooms. ft. home features 5 bedrooms and 3 bathrooms. The home was a former vineyard, and the property still has the irrigation system in place, making it easy to replant with grapes if desired. Inside, the spacious home features a grand entrance with a curved stairwell leading to the main living area. The large master bedroom includes a 5-piece ensuite with a jetted tub and a walk-in closet. The main level also offers two large living areas perfect for day-to-day living and entertaining. The lower level includes a summer kitchen, offering many options going forward, as well as ceramic tile flooring warmed by hot water radiant floor heating. This lakeview home offers the best of both worlds: peacefully removed from the bustle of the city, yet just a short walk to Penticton's world-famous farmers market, beaches and restaurants. Please note that this sale is contingent upon the owner finding a suitable property. Contact us if you would like more information or if you are interested in scheduling a viewing. (id:63159)

Values & Trends

This listing

$351/sqft

Building average

No other active listings in this building

Uplands/Redlands average

$1,063/sqft

17 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
Uplands ElementaryElementary752 m
ConnectEd - Alternative ProgramsSecondary1.9 km
Secondaire de PentictonSecondary2.0 km
Penticton SecondarySecondary2.0 km
Entre-lacsElementary/Middle2.0 km
Penticton Christian School(Independent)K-122.3 km
Queens Park ElementaryElementary2.4 km
Holy Cross School(Independent)Elementary/Middle2.6 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)

  • Rusty's799 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($115,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,120,000.00
Periodic payment — Principal & Interest (monthly)$7,225.86
Additional monthly expenses (strata, tax, utilities, etc.)$948.18
Total monthly cost$8,174.04
Interest paid over 5-yr term$320,995.22
Balance at end of term$1,007,443.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$115,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,881.20

Cash Needed at Closing

Minimum down payment$115,000
Estimated BC PTT$26,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,500

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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