Property Type: Condo / ApartmentOwnership: Strata

250 MARINA Way Unit# 103

Penticton, BC V2A1H4

$849,000

1 bed2.5 bath2 parking1,581 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,013/mo
Annual property tax
$3,929.39

Interior

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

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Pool
Pool, Inground pool, Outdoor pool

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
OfficeMain level7'9'' x 11'7''
OfficeMain level10' x 11'7''
Primary BedroomMain level12'0'' x 16'5''
Living roomMain level13'0'' x 15'0''
KitchenMain level7'0'' x 14'0''
5pc Ensuite bathMain level
Dining roomMain level8'0'' x 10'0''
DenMain level8'0'' x 11'0''
2pc BathroomMain level

Listing Information

MLS®
10393801
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Parkside Realty · Data source: CREA DDF.

Description

Luxury Live/Work Space! - Discover the perfect blend of business and lifestyle in this rare property located in the heart of downtown. Offering an unparalleled opportunity for the entrepreneur, this unique residence allows you to seamlessly integrate your professional and personal life against the stunning backdrop of the lake. The sophisticated 1-bedroom plus den condo maximizes comfort and style with fabulous views of the beach and lake. Step out onto your private, fenced patio, the perfect extension of your living space for morning coffee or evening relaxation, all while facing the beach. The dedicated commercial space featuring coveted frontage on Marina Beach is approx 422sqft. Whether you are looking for a boutique storefront, a creative studio, or an executive office, this space is ready to bring your business ideas to life. Access to premium building amenities, including a refreshing pool, relaxing hot tub, fully-equipped gym, and a versatile common room for hosting or community interaction. 2 secure underground parking spaces. Monthly strata fees $1,012.63 include in-floor heat and air conditioning. 2 pets allowed. (id:63159)

Values & Trends

This listing

$537/sqft

Building average

$597/sqft

2 active listing(s)

Main North average

$530/sqft

46 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

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
Uplands ElementaryElementary926 m
ConnectEd - Alternative ProgramsSecondary1.2 km
Secondaire de PentictonSecondary1.3 km
Penticton SecondarySecondary1.3 km
Queens Park ElementaryElementary1.4 km
Penticton Christian School(Independent)K-121.7 km
Entre-lacsElementary/Middle2.0 km
Holy Cross School(Independent)Elementary/Middle2.1 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+)

  • The Prague Café18 m
  • The Bench Market147 m
  • Rusty's240 m
  • Cannery Brewing · 198 Ellis Street371 m
  • Tacos Del Norte431 m

Cafes (4)

  • Bellevue Cafe607 m
  • Blenz Coffee619 m
  • Wayne & Freda · 249 Westminster Avenue W736 m
  • Balance Vegetarian Shop and Tea Room787 m

Parks (5+)

  • Marina Way Park100 m
  • Ellis Park263 m
  • Vancouver Avenue Park275 m
  • Okanangan Lake Park329 m
  • Unnamed345 m

Pharmacies (2)

  • Knights Pharmacy684 m
  • Remedy'sRx768 m

Banks & ATMs (5+)

  • Valley First Credit Union502 m
  • BMO558 m
  • Unnamed573 m
  • RBC632 m
  • CIBC647 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$1,419.08
Total monthly cost$5,801.05
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

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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