Property Type: Condo / ApartmentOwnership: Strata

3301 Skaha Lake Road Unit# 505

Penticton, BC V2A6G6

$594,900

2 bed2 bath1 parking1,249 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$655/mo
Annual property tax
$3,418.13

Maintenance Fee Includes

WaterGarbageManagementHeat

Also included: Sewer

Interior

Heating
Geothermal
Cooling / A/C
Geothermal
Fireplace
None
Flooring
Ceramic Tile, Wood, Mixed Flooring

Exterior & Lot

Exterior features
Other
View
Mountain view, Valley view, View (panoramic)

Building

Roof
Unknown, Metal, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Heated Garage

Restrictions & Policies

Pets
Allowed, 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
Utility roomMain level8'1'' x 7'9''
Primary BedroomMain level10'4'' x 11'8''
Living roomMain level13'11'' x 14'1''
KitchenMain level12'2'' x 9'7''
5pc Ensuite bathMain level8'11'' x 8'2''
Dining roomMain level7'6'' x 14'1''
OfficeMain level13'5'' x 8'0''
BedroomMain level10'4'' x 11'9''
4pc BathroomMain level8'1'' x 8'0''

Listing Information

MLS®
10394054
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

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

Description

Welcome to Unit 505 at Alysen Place a bright, south-facing 5th floor home in a solid steel and concrete building, offering 1,222 sq ft of beautifully updated living space. This 2 bed plus den, 2 bath residence features engineered flooring throughout, elegant crown moulding, sleek stainless steel appliances, and a stylish glass backsplash in the kitchen, creating a modern, move-in-ready feel. Step outside to your fully covered 207 sq ft deck complete with a natural gas outlet for effortless BBQing and take in stunning mountain and lake views, the perfect backdrop for morning coffee or evening relaxation. This home also includes a secured indoor parking spot and secured storage locker for added convenience. Efficient geothermal heating and cooling keeps utility costs low and comfort consistent year-round. The monthly strata fee of $655.17 covers heat, hot water, gas for the BBQ, and building insurance, offering exceptional value and peace of mind. With no age restrictions, rentals allowed, and one cat or one dog welcome, this pet-friendly, flexible building suits a wide range of lifestyles. Best of all, you're just a short walk from Skaha Lake Park, the beach, shopping, and all the amenities that make this location desirable. Don't miss your chance to call Alysen Place home! (id:63159)

Values & Trends

This listing

$476/sqft

Building average

No other active listings in this building

Main South average

$405/sqft

53 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

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 SecondarySecondary608 m
Wiltse ElementaryElementary2.1 km
Holy Cross School(Independent)Elementary/Middle3.0 km
Penticton Christian School(Independent)K-123.4 km
Penticton SecondarySecondary3.8 km
Secondaire de PentictonSecondary3.8 km
Columbia ElementaryElementary3.8 km
Entre-lacsElementary/Middle3.9 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.

Nearby Places

Restaurants (2)

  • Kojo200 m
  • Skaha Pizza205 m

Cafes (1)

  • Second Cup535 m

Parks (5+)

  • Unnamed440 m
  • Unnamed552 m
  • Unnamed572 m
  • Skaha Lake Park707 m
  • Unnamed728 m

Shopping (1)

  • Walmart · 275 Green Avenue West680 m

Pharmacies (2)

  • Rexall · 3030 Skaha Lake Road369 m
  • Skaha Pharmacy400 m

Banks & ATMs (1)

  • Interior Savings · 251 Green Avenue West583 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$475,920.00
Periodic payment — Principal & Interest (monthly)$3,070.47
Additional monthly expenses (strata, tax, utilities, etc.)$1,002.01
Total monthly cost$4,072.49
Interest paid over 5-yr term$136,400.04
Balance at end of term$428,091.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,309.36

Cash Needed at Closing

Minimum down payment$34,490
Estimated BC PTT$9,898
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,888

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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