Property Type: Condo / ApartmentOwnership: Strata

271 Wylie Street Unit# 507

Penticton, BC V2A0L3

$439,900

1 bed1 bath1 parking509 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$294/mo
Annual property tax
$0

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Heat Pump
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level8'0'' x 4'11''
DenMain level7'2'' x 5'3''
Primary BedroomMain level8'11'' x 10'1''
Living roomMain level10'9'' x 14'2''
KitchenMain level10'9'' x 8'7''

Listing Information

MLS®
10394155
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Welcome to Sokana, where contemporary design meets the Okanagan lifestyle in the heart of downtown Penticton. This thoughtfully designed 1-bedroom + den home offers 509 sq. ft. of efficient living space overlooking a beautifully landscaped courtyard, with peaceful mountain views and a peekaboo glimpse of Okanagan Lake in the distance. The versatile den is perfect for a home office or extra storage, while the open-concept layout maximizes every square foot. The stylish kitchen features modern cabinetry, quality finishes, and stainless steel appliances, flowing into the bright living area and private balcony. This home also includes one secure underground parking stall and one bike locker. Enjoy resort-style amenities, including an outdoor pool, fitness centre, expansive grassy courtyard, outdoor conversation pods, BBQs, a co-working space, and a celebration room. Owners have the option to purchase a furniture package and join the professionally managed rental pool through True Key Hotels & Resorts, generating income when the suite isn't in use, or furnish it yourself and simply enjoy it as a full-time or part-time residence. Located just steps from Penticton's vibrant downtown, breweries, restaurants, boutique shopping, farmers' markets, and the beaches of Okanagan Lake, this home offers exceptional flexibility for homeowners and investors alike. Pet friendly permitting 2 dogs or 2 cats or 1 of each! Measurements from iguide. Book your showing today! (id:63159)

Values & Trends

This listing

$864/sqft

Building average

$850/sqft

2 active listing(s)

Main North average

$523/sqft

46 active listing(s)

Parking: 1 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

4/9 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
Queens Park ElementaryElementary794 m
West Bench ElementaryElementary1.4 km
Penticton SecondarySecondary2.0 km
Secondaire de PentictonSecondary2.0 km
ConnectEd - Alternative ProgramsSecondary2.0 km
Penticton Christian School(Independent)K-122.1 km
Holy Cross School(Independent)Elementary/Middle2.5 km
Uplands ElementaryElementary2.8 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+)

  • Denny's312 m
  • The Station Public House · 1070 Eckhardt Avenue West323 m
  • Salty's Beach House · 1000 Lakeshore Dr W527 m
  • Elma · 994 Lakeshore Dr W538 m
  • Dosa Vilas576 m

Cafes (2)

  • Tim Hortons109 m
  • Starbucks · 300 Riverside Drive228 m

Grocery (1)

  • Quality Greens115 m

Parks (5+)

  • Unnamed92 m
  • Riverside Park259 m
  • Queens Park512 m
  • SS Sicamous Heritage Shipyard Area580 m
  • Lakawanna Park615 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$351,920.00
Periodic payment — Principal & Interest (monthly)$2,270.47
Additional monthly expenses (strata, tax, utilities, etc.)$319.48
Total monthly cost$2,589.95
Interest paid over 5-yr term$100,861.28
Balance at end of term$316,553.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,213.54

Cash Needed at Closing

Minimum down payment$21,995
Estimated BC PTT$6,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,293

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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