Property Type: Land / LotOwnership: Freehold

3011 Carmi Road

Penticton, BC V2A8V5

$550,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
10.65 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,414.03

Interior

Fireplace
None

Listing Information

MLS®
10393232
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Enjoy excellent views of both lakes from this private 10.5-acre rural property. Mostly treed, the land offers several promising building sites and backs onto Crown land, providing endless opportunities to explore the surrounding wilderness. Take in gorgeous sunsets and peaceful surroundings from this quiet location at the end of Carmi Road, adjacent to the cul-de-sac with minimal traffic. (id:63159)

Location Insights

Weather

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.

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
Columbia ElementaryElementary3.7 km
Entre-lacsElementary/Middle4.6 km
Wiltse ElementaryElementary4.6 km
Uplands ElementaryElementary5.4 km
Holy Cross School(Independent)Elementary/Middle5.6 km
Penticton Christian School(Independent)K-125.8 km
ConnectEd - Alternative ProgramsSecondary5.8 km
Penticton SecondarySecondary5.9 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: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (strata, tax, utilities, etc.)$117.84
Total monthly cost$2,956.57
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,998.62

Cash Needed at Closing

Minimum down payment$30,000
Estimated BC PTT$9,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,500

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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