250 MARINA Way Unit# 208
Penticton, BC V2A1H4
$875,000
Amenities
Also listed: Clubhouse
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1.5
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $977/mo
- Annual property tax
- $4,125.86
Maintenance Fee Includes
Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer
Interior
- Heating
- See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (2)
- Fireplace type
- Gas, Unknown
- Flooring
- Hardwood, Carpeted
Exterior & Lot
- Exterior features
- Stucco
- View
- Lake view, Mountain view
- Pool
- Outdoor pool
Building
- Roof
- Unknown, Unknown
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed, Restrictions apply, 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
| Room | Level | Dimensions |
|---|---|---|
| Den | Second level | 8'4'' x 11'8'' |
| Primary Bedroom | Second level | 17'0'' x 14'2'' |
| Living room | Main level | 9'0'' x 23'11'' |
| Laundry room | Main level | 7'7'' x 9'9'' |
| Kitchen | Main level | 14'10'' x 13'9'' |
| 4pc Ensuite bath | Second level | — |
| Dining room | Main level | 6'10'' x 15'6'' |
| Bedroom | Main level | 9'6'' x 7'8'' |
| Bedroom | Main level | 9'9'' x 9'7'' |
| 3pc Bathroom | Main level | — |
Listing Information
- MLS®
- 10382141
- Listed
- April 4, 2026
- Time on market
- On the market for 149 days
- Data last synced
- August 28, 2026
Listing provided by: Parker Real Estate · Data source: CREA DDF.
Description
Built with both comfort and elegance in mind, Lakeview Terraces is an exceptional architectural gem ideally situated across from the Okanagan Lake waterfront. This beautifully designed east-facing condominium features 3 bedrooms and 2 bathrooms, highlighted by a loft-style primary suite that adds a unique sense of space and character. Expansive windows flood the home with natural light, while two gas fireplaces create a warm and inviting atmosphere. Enjoy seamless indoor-outdoor living with two generous entertainment patios offering serene lake views. The unit includes TWO secure parking spaces and a storage locker, with most utilities conveniently covered in the strata fee. Residents of Lakeview Terraces have access to premium amenities, including a recreation centre, fitness room, outdoor pool, and meticulously landscaped grounds with fountains and statues. Perfectly located, you’re just steps from the beach, marina, yacht club, and vibrant downtown amenities—making this an ideal blend of luxury, lifestyle, and location. (id:63159)
Values & Trends
This listing
$581/sqft
Building average
$575/sqft
2 active listing(s)
Main North average
$529/sqft
46 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Uplands Elementary | Elementary | 901 m |
| ConnectEd - Alternative Programs | Secondary | 1.1 km |
| Secondaire de Penticton | Secondary | 1.3 km |
| Penticton Secondary | Secondary | 1.3 km |
| Queens Park Elementary | Elementary | 1.3 km |
| Penticton Christian School(Independent) | K-12 | 1.6 km |
| Entre-lacs | Elementary/Middle | 1.9 km |
| Holy Cross School(Independent) | Elementary/Middle | 2.0 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+)
- The Prague Café46 m
- The Bench Market107 m
- Rusty's251 m
- Cannery Brewing · 198 Ellis Street343 m
- Tacos Del Norte410 m
Cafes (4)
- Bellevue Cafe587 m
- Blenz Coffee594 m
- Wayne & Freda · 249 Westminster Avenue W729 m
- Balance Vegetarian Shop and Tea Room779 m
Parks (5+)
- Marina Way Park118 m
- Vancouver Avenue Park241 m
- Ellis Park254 m
- Unnamed303 m
- Okanangan Lake Park342 m
Pharmacies (2)
- Knights Pharmacy655 m
- Remedy'sRx738 m
Banks & ATMs (5+)
- Valley First Credit Union488 m
- BMO544 m
- Unnamed559 m
- RBC606 m
- CIBC623 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.