Property Type: Condo / ApartmentOwnership: Strata

250 MARINA Way Unit# 204

Penticton, BC V2A1H4

$850,000

3 bed2 bath2 parking1,388 sqftBuilt 2006
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$963/mo
Annual property tax
$4,200.84

Interior

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

Exterior & Lot

Exterior features
Stucco
View
Lake view
Waterfront
Waterfront on lake
Pool
Pool

Building

Roof
Unknown, Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathSecond level
Dining roomMain level12'5'' x 14'6''
BedroomMain level7'10'' x 11'5''
BedroomMain level9'7'' x 11'10''
3pc BathroomMain level
OtherSecond level5'6'' x 8'8''
Primary BedroomSecond level11'4'' x 21'7''
Living roomMain level10'8'' x 11'4''
Laundry roomMain level5'6'' x 10'4''
KitchenMain level15'0'' x 11'10''
FoyerMain level5'10'' x 9'8''

Listing Information

MLS®
10373992
Listed
January 28, 2026
Time on market
On the market for 216 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.

Description

Welcome to resort-style living just steps from Okanagan Beach! This stunning 3-bedroom, 2-bathroom, two-level lakeview residence offers an exceptional blend of luxury, comfort, and location in one of Penticton’s most desirable waterfront complexes. Featuring soaring high ceilings and an open-concept design, this beautifully appointed home captures breathtaking lake views from two private decks, creating the perfect backdrop for relaxing mornings and sunset evenings. The spacious layout is ideal for full-time living or a premium vacation retreat. The primary suite is a true sanctuary, complete with a ensuite bathroom, a two-sided fireplace, and generous closet space. Additional highlights include in-suite laundry and thoughtful design throughout. This home also includes 2 secure underground parking stalls and a private storage room, adding exceptional convenience and value. This well-managed complex offers outstanding amenities including: Outdoor pool and hot tub Fully equipped gym Stunning rooftop patio Pet-friendly policy (2 dogs or 2 cats permitted) No age restrictions All of this is located just steps from Okanagan Beach, the marina, restaurants, shopping, and the Penticton boardwalk — offering the ultimate Okanagan lifestyle. Live where others vacation. This is waterfront living at its finest. (id:63159)

Values & Trends

This listing

$612/sqft

Building average

$559/sqft

2 active listing(s)

Main North average

$528/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

37

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 ElementaryElementary911 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-121.6 km
Entre-lacsElementary/Middle1.9 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 Café29 m
  • The Bench Market128 m
  • Rusty's239 m
  • Cannery Brewing · 198 Ellis Street362 m
  • Tacos Del Norte426 m

Cafes (4)

  • Bellevue Cafe602 m
  • Blenz Coffee612 m
  • Wayne & Freda · 249 Westminster Avenue W737 m
  • Balance Vegetarian Shop and Tea Room788 m

Parks (5+)

  • Marina Way Park110 m
  • Vancouver Avenue Park257 m
  • Ellis Park263 m
  • Unnamed328 m
  • Okanangan Lake Park338 m

Pharmacies (2)

  • Knights Pharmacy675 m
  • Remedy'sRx759 m

Banks & ATMs (5+)

  • Valley First Credit Union500 m
  • BMO556 m
  • Unnamed571 m
  • RBC624 m
  • CIBC640 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$1,381.79
Total monthly cost$5,768.92
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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