Property Type: Detached HouseOwnership: Freehold

264 Eastside Road

Okanagan Falls, BC V0H1R0

$4,900,000

4 bed5 full, 2 half bath8 parking6,744 sqftBuilt 1963
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
3 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$18,496.75

Interior

Basement
Partial
Heating
Radiant heat, Electric, See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (5)
Fireplace type
Wood, Conventional
Flooring
Other, Ceramic Tile

Exterior & Lot

Exterior features
Cedar Siding
View
Lake view, Mountain view
Waterfront
Waterfront on lake
Pool
Inground pool, Outdoor pool

Building

Foundation
Stone
Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — covered indicated
Features
Attached Garage, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomThird level17'5'' x 11'7''
DenSecond level5'11'' x 11'11''
BedroomThird level12'11'' x 13'4''
BedroomThird level16'8'' x 15'6''
Primary BedroomThird level23'5'' x 30'1''
5pc Ensuite bathThird level11'7'' x 15'2''
5pc BathroomThird level11'0'' x 14'7''
Hobby roomMain level11'10'' x 16'9''
FoyerMain level11'7'' x 13'8''
Laundry roomMain level7'3'' x 17'4''
Wine CellarMain level11'8'' x 11'10''
OfficeMain level11'4'' x 14'6''
Living roomMain level16'11'' x 18'0''
KitchenMain level10'1'' x 17'2''
Dining roomMain level19'3'' x 28'8''
Dining nookBasement17'4'' x 22'5''
Partial bathroomMain level7'1'' x 5'4''
Recreation roomBasement22'7'' x 28'10''
LoftBasement14'8'' x 23'3''
4pc BathroomBasement5'9'' x '6''
StorageBasement3'11'' x 5'11''
Utility roomBasement13'2'' x 14'6''
Recreation roomBasement23'1'' x 60'8''
3pc BathroomBasement7'10'' x 11'9''
DenBasement15'2'' x 18'5''
KitchenBasement12'1'' x 12'2''
Dining roomBasement12'5'' x 18'5''

Listing Information

MLS®
10372320
Listed
January 9, 2026
Time on market
On the market for 234 days
Data last synced
August 28, 2026

Listing provided by: Parker Real Estate · Data source: CREA DDF.

Description

Enter through the private hand-crafted wrought iron gate you'll immediately be wowed by the home's unique charm and inviting atmosphere. The tastefully renovated home seamlessly flows into an exceptional views of Skaha Lake featuring the wonderful sunsets over the neighbouring hills. Outside you can marvel at the rock features that border an inviting in ground pool or take a stroll to the road leading down to over 550 ft of lakeshore. Inside the Ron Thom’s architecture features an award winning design tastefully updated incorporating many unique features including copper framed windows and doors, hand-crafted copper stair railing, native eagle motif skylight, ceramic tile throughout, expansive use of glass and over 2100 sq/ft of deck. The primary bedroom with a den area offers versatility for a home office or cozy reading nook. The updated lower level is a treasure, featuring a closed breezeway with a walk in fridge - endless possibilities here! Ample space for RV parking or additional vehicles. Privately located with the perfect proximity to restaurants, shops, schools, and beautiful Skaha lake. This property is not just a house; it's an investment in a lifestyle that effortlessly combines the charm of the past with the comforts of today. Call today to arrange private viewing. (id:63159)

Values & Trends

This listing

$727/sqft

Building average

No other active listings in this building

Eastside/Lkshr Hi/Skaha Est average

$472/sqft

12 active listing(s)

Parking: 8 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

Nearest station: Penticton

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.

Nearby Schools

SchoolTypeDistance
Okanagan Falls ElementaryElementary2.6 km
Kaleden ElementaryElementary3.2 km
Princess Margaret SecondarySecondary10.9 km
Wiltse ElementaryElementary11.8 km
Holy Cross School(Independent)Elementary/Middle13.5 km
Columbia ElementaryElementary13.5 km
Penticton Christian School(Independent)K-1213.9 km
Entre-lacsElementary/Middle14.1 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.

School district: Okanagan-Similkameen (SD53)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($980,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,920,000.00
Periodic payment — Principal & Interest (monthly)$25,290.51
Additional monthly expenses (strata, tax, utilities, etc.)$1,878.40
Total monthly cost$27,168.91
Interest paid over 5-yr term$1,123,483.27
Balance at end of term$3,526,052.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$980,000
Stress test qualifying rate8.09%
Payment you must qualify for$30,143.43

Cash Needed at Closing

Minimum down payment$980,000
Estimated BC PTT$163,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,144,500

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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