Property Type: Land / LotOwnership: Freehold

3331 EVERGREEN Drive Unit# 114

Penticton, BC V2A9A9

$498,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$193/mo
Annual property tax
$2,704.65

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view

Listing Information

MLS®
10386698
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.

Description

Discover the opportunity to build your dream home in the prestigious community of The Bluffs at Skaha. This build-ready .55-acre lot offers breathtaking 180-degree panoramic views of Skaha Lake, Okanagan Lake, and the city of Penticton. Set among luxury homes in one of Penticton’s most desirable enclaves, this exceptional property features a deep pool-sized lot with allowance for a 3-storey custom build. GST has already been paid, making this an even more attractive offering. Enjoy the peaceful natural surroundings with direct access to miles of hiking and recreation trails at Skaha Bluffs Provincial Park, while remaining just minutes from beaches, wineries, shopping, and schools. A beautifully planned boulevard and established high-end homes add long-term value and prestige to the neighbourhood. Bring your own builder or ask for recommendations to help bring your vision to life. A rare opportunity to secure one of the finest view lots in Penticton. (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.

Nearby Schools

SchoolTypeDistance
Princess Margaret SecondarySecondary1.2 km
Wiltse ElementaryElementary1.3 km
Columbia ElementaryElementary3.1 km
Holy Cross School(Independent)Elementary/Middle3.2 km
Entre-lacsElementary/Middle3.6 km
Penticton Christian School(Independent)K-123.6 km
Penticton SecondarySecondary4.0 km
Secondaire de PentictonSecondary4.0 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: 5.0% ($24,945) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,120.00
Periodic payment — Principal & Interest (monthly)$2,574.99
Additional monthly expenses (strata, tax, utilities, etc.)$418.41
Total monthly cost$2,993.39
Interest paid over 5-yr term$114,388.94
Balance at end of term$359,009.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,945
Stress test qualifying rate8.09%
Payment you must qualify for$3,644.55

Cash Needed at Closing

Minimum down payment$24,945
Estimated BC PTT$7,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,423

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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