Property Type: DuplexOwnership: Freehold

2550 Wiltse Drive

Penticton, BC V2A7X5

$650,000

5 bed2 bath2,299 sqftBuilt 1984
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Property Details

Property & Lot

Sub-type
Duplex
Stories
1.5
Lot size
0.1 acres

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$4,147

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomLower level11'2'' x 12'10''
Family roomLower level22'8'' x 12'10''
BedroomLower level14'7'' x 10'7''
OtherLower level4'8'' x 13'7''
BedroomLower level10'1'' x 10'11''
3pc BathroomLower level7'7'' x 10'11''
Living roomMain level18' x 13'3''
KitchenMain level11'4'' x 11'8''
Dining roomMain level9'1'' x 12'
BedroomMain level10'7'' x 11'4''
Primary BedroomMain level10'11'' x 11'8''
BedroomMain level10'11'' x 11'8''
4pc BathroomMain level6'11'' x 9'4''

Listing Information

MLS®
10394121
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

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

Description

Family-sized duplex with plenty of parking and a large, fully fenced yard in the sought-after Wiltse area — just steps from the school. At 2,298 sq ft with 5 bedrooms, this home delivers the space of a single-family house without the price tag. The main floor is well-appointed with 3 bedrooms, a bright living room, and an open kitchen and dining area, plus an east-facing deck with mountain views just off the living room. The lower level is bright, well laid out, and surprisingly spacious — featuring 2 additional bedrooms including one at 11x15 sq ft, a large family room, a bonus area, and ample storage. With its own separate entrance, the lower level easily lends itself to an in-law or extended family suite. The backyard is a rare find for a duplex — a paving stone patio with room for a garden, a trampoline, or whatever outdoor life looks like for you. Recent upgrades include a new roof, new kitchen cabinets, a heat pump, and fresh paint throughout. Add new flooring and this one is truly move-in ready. (id:63159)

Values & Trends

This listing

$283/sqft

Building average

No other active listings in this building

Wiltse/Valleyview average

No comparable active listings

Parking: Not indicatedStorage 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.

Nearby Schools

SchoolTypeDistance
Wiltse ElementaryElementary133 m
Princess Margaret SecondarySecondary1.5 km
Columbia ElementaryElementary1.8 km
Holy Cross School(Independent)Elementary/Middle1.9 km
Entre-lacsElementary/Middle2.2 km
Penticton Christian School(Independent)K-122.4 km
Penticton SecondarySecondary2.7 km
Secondaire de PentictonSecondary2.7 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.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$460.58
Total monthly cost$3,815.45
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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