Property Type: Land / LotOwnership: Freehold

269 Alder Avenue

Kaleden, BC V0H1K0

$649,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.29 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,848.05

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10396721
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

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

Description

Rare 1/3 of an acre, flat RS2 Zoned land ready for your ideas. Enough room for the toys, your dream home and a coach house all within steps of Skaha Lake. Then 3 public lake access points nearby. Perfect location for an active lifestyle, this property is literally on the historical KVR rail bed (Kettle Valley Railroad). Your morning commute could be a bike ride up the lake to Penticton where cars cannot go or a 15-minute drive via Hwy 97. This location is a short distance to a public park with pickleball courts , a general store, gas station, post office, library and the fire hall. Have kids? You are in luck, Kaleden has its own elementary school. Enjoy the uniqueness and history of this waterfront community. You will never look back, it's a place you want to call home. Development proposal and geotechnical report and zoning detail available for review. (id:63159)

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
Kaleden ElementaryElementary658 m
Okanagan Falls ElementaryElementary5.6 km
Princess Margaret SecondarySecondary7.9 km
Wiltse ElementaryElementary9.0 km
Holy Cross School(Independent)Elementary/Middle10.5 km
Columbia ElementaryElementary10.7 km
Penticton Christian School(Independent)K-1210.8 km
Entre-lacsElementary/Middle11.2 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

Parks (1)

  • Kaleden Hotel Park584 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,200.00
Periodic payment — Principal & Interest (monthly)$3,349.70
Additional monthly expenses (strata, tax, utilities, etc.)$154.00
Total monthly cost$3,503.71
Interest paid over 5-yr term$148,804.21
Balance at end of term$467,022.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,683.77

Cash Needed at Closing

Minimum down payment$39,900
Estimated BC PTT$10,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,380

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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