Property Type: Land / LotOwnership: Freehold

274 Kinney Avenue

Penticton, BC

$1,250,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,488.43

Interior

Fireplace
None

Listing Information

MLS®
10395148
Listed
July 17, 2026
Time on market
On the market for 45 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

FOR SALE BY COURT ORDER. SOLD AS-IS, WHERE-IS. Presenting a compelling infill development opportunity in a highly convenient South Penticton location. This approximately 13,950 square foot (0.32 acre) site is zoned RM2 Low Density Multiple Housing and was previously rezoned to facilitate a three-storey, six-unit townhouse concept. Directly across from a park and minutes from Cherry Lane Shopping Centre, the property offers future residents walkable access to shopping, services, public transit and everyday conveniences. A public pathway bordering the site connects to the community garden and Baskin Park, with Lions Park also nearby. An increasingly rare opportunity to deliver much-needed housing in an established, centrally located neighbourhood. All development potential is subject to independent verification and municipal approval. All offers are subject to approval by the Supreme Court of British Columbia. Sold as-is, Where-is. (id:63159)

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

26

6/9 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
Princess Margaret SecondarySecondary1.1 km
Holy Cross School(Independent)Elementary/Middle1.8 km
Wiltse ElementaryElementary1.8 km
Penticton Christian School(Independent)K-122.1 km
Penticton SecondarySecondary2.4 km
Secondaire de PentictonSecondary2.4 km
ConnectEd - Alternative ProgramsSecondary2.6 km
Entre-lacsElementary/Middle2.8 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

Cafes (2)

  • Tim Hortons618 m
  • Blenz Coffee · 2111 Main Street643 m

Grocery (1)

  • Save-On-Foods679 m

Parks (1)

  • Lions Park · 198 Warren Avenue West229 m

Shopping (2)

  • Cherry Lane Shopping Centre · 2111 Main Street604 m
  • Walmart · 275 Green Avenue West717 m

Pharmacies (1)

  • London Drugs600 m

Banks & ATMs (2)

  • Valley First Credit Union · Main Street685 m
  • TD780 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$457.37
Total monthly cost$6,909.03
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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