334/342/350 Rigsby Street
Penticton, BC V2A5S7
$1,399,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.35 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,583.08
Interior
- Heating
- Forced air
- Fireplace
- None
Parking
- Features
- Street
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 10' x 10' |
| Full bathroom | Main level | — |
| Full bathroom | Main level | — |
| Primary Bedroom | Main level | 10' x 10' |
| Living room | Main level | 10' x 10' |
| Kitchen | Main level | 10' x 8' |
Listing Information
- MLS®
- 10396030
- Listed
- August 6, 2026
- Time on market
- On the market for 25 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Locations West · Data source: CREA DDF.
Description
Exceptional development opportunity at 334 Rigsby Street, ideally situated near downtown Penticton in a rapidly evolving neighbourhood. This expansive RM2-zoned property measures over 15,000 sq. ft.—approximately 96 feet wide by 157 feet deep—and offers convenient rear-lane access. RM2 zoning supports low-density multi-family development, including apartments, townhomes and cluster housing up to three storeys, subject to City approvals. With only one existing home to remove, the property presents a strong foundation for a thoughtfully designed residential project. Enjoy a central location close to Okanagan Lake, beaches, downtown shopping and dining, local breweries, schools, parks, transit and recreational facilities. A rare opportunity to secure a substantial development parcel in one of Penticton’s growing neighbourhoods. All measurements are approximate. Buyers should independently confirm zoning, permitted density, serving and development potential with the City of Penticton. (id:63159)
Values & Trends
This listing
$1,671/sqft
Building average
—
No other active listings in this building
Main North average
$468/sqft
56 active listing(s)
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
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
30
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
| School | Type | Distance |
|---|---|---|
| Queens Park Elementary | Elementary | 246 m |
| Secondaire de Penticton | Secondary | 1.0 km |
| Penticton Secondary | Secondary | 1.0 km |
| ConnectEd - Alternative Programs | Secondary | 1.0 km |
| Penticton Christian School(Independent) | K-12 | 1.2 km |
| Holy Cross School(Independent) | Elementary/Middle | 1.7 km |
| Uplands Elementary | Elementary | 1.8 km |
| Entre-lacs | Elementary/Middle | 2.2 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 (5+)
- The Black Antler · 218 Winnipeg Street339 m
- Hokuto · 786 Westminster Avenue429 m
- Sarhad Dhaba Indian and Pizza439 m
- Dosa Vilas449 m
- Match Eatery & Public House · 201-553 Vees Drive454 m
Cafes (5+)
- Balance Vegetarian Shop and Tea Room377 m
- Wayne & Freda · 249 Westminster Avenue W431 m
- Bellevue Cafe537 m
- Blenz Coffee559 m
- Caffè d'Italia564 m
Parks (5+)
- Queens Park504 m
- Unnamed609 m
- Lakawanna Park624 m
- Unnamed628 m
- Unnamed630 m
Shopping (1)
- Canadian Tire · 960 Railway Street773 m
Pharmacies (2)
- Remedy'sRx524 m
- Knights Pharmacy561 m
Banks & ATMs (5+)
- CIBC519 m
- Scotiabank531 m
- Unnamed559 m
- RBC564 m
- TD567 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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No similar listings found nearby right now.
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Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.