Property Type: Detached HouseOwnership: Freehold

327 Carmel Crescent

Okanagan Falls, BC V0H1R5

$1,999,000

4 bed3 bath3 parking3,556 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.3 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,845.29

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Brick, Stucco
View
Lake view, Mountain view
Pool
Inground pool, Outdoor pool

Building

Roof
Tile, Unknown

Parking

Total spaces
3 — uncovered indicated
Features
RV

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
OtherSecond level10'0'' x 11'0''
OtherMain level12'0'' x 21'0''
DenMain level13'0'' x 15'0''
Primary BedroomSecond level14'0'' x 17'0''
Living roomMain level15'0'' x 17'0''
KitchenMain level11'0'' x 17'0''
Family roomMain level19'0'' x 20'0''
4pc Ensuite bathSecond level
Dining roomMain level11'0'' x 14'0''
BedroomSecond level10'0'' x 13'0''
BedroomSecond level11'0'' x 12'0''
BedroomSecond level12'0'' x 13'0''
5pc BathroomSecond level
3pc BathroomMain level

Listing Information

MLS®
10326198
Listed
October 16, 2024
Time on market
On the market for 684 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Premier Properties Ltd. · Data source: CREA DDF.

Description

Majestic Mediterranean one of a kind residence. Gorgeous panoramic lake and mountain views in a quiet rural atmosphere. Sumptuous finishings throughout, with some much attention to details it must be viewed to be appreciated. Custom everything! Marble tile floors and hand crafted wooden millwork walls throughout. A large outdoor pool and outdoor spaces including front and poolside gazebos. This home speaks luxury from the electric wrought iron entrance gate, to the delicately detailed masonry work throughout the property, to all the beautiful interior finishes. (id:63159)

Values & Trends

This listing

$562/sqft

Building average

No other active listings in this building

Eastside/Lkshr Hi/Skaha Est average

$485/sqft

12 active listing(s)

Parking: 3 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
Kaleden ElementaryElementary2.7 km
Okanagan Falls ElementaryElementary4.0 km
Princess Margaret SecondarySecondary9.6 km
Wiltse ElementaryElementary10.4 km
Columbia ElementaryElementary12.1 km
Holy Cross School(Independent)Elementary/Middle12.1 km
Penticton Christian School(Independent)K-1212.5 km
Entre-lacsElementary/Middle12.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,200.00
Periodic payment — Principal & Interest (monthly)$10,317.50
Additional monthly expenses (strata, tax, utilities, etc.)$748.44
Total monthly cost$11,065.94
Interest paid over 5-yr term$458,335.32
Balance at end of term$1,438,485.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,297.29

Cash Needed at Closing

Minimum down payment$399,800
Estimated BC PTT$37,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,280

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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