Property Type: Detached HouseOwnership: Freehold

334 Carmel Crescent

Okanagan Falls, BC V0H1R5

$879,000

3 bed2 bath1,400 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.23 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,907.5

Interior

Basement
Full
Heating
Stove, Forced air, Electric, Wood
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

Exterior features
Wood siding
View
Lake view, Mountain view

Building

Roof
Metal, Unknown

Parking

Features
Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomBasement18'5'' x 16'7''
BedroomBasement15'7'' x 8'11''
3pc BathroomBasement7'4'' x 7'5''
Primary BedroomMain level12'9'' x 10'6''
Living roomMain level22'3'' x 13'
KitchenMain level8'7'' x 9'3''
Dining roomMain level9'5'' x 8'1''
5pc BathroomMain level7'9'' x 7'9''

Listing Information

MLS®
10395740
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Skaha Realty Group Inc. · Data source: CREA DDF.

Description

Must see, lake view home in peaceful Skaha Estates! Just in time for Summer, this lakeside community offers access to a beach & boat launch in tranquil surroundings! Thoughtfully designed, the warm & welcoming home takes advantage of beautiful views from both the main floor & the walk out basement. On the main floor you'll find a generous primary bdrm w/sliding doors to the lake view deck, a professionally updated 5pc bthrm w/rain shower, an open concept kitchen w/brand new Chef's fridge/eat up island, powered black out blinds & beautiful vaulted cedar ceilings. The living room is also located on this floor & features a cozy wood stove, tastefully updated flooring & over sized sliding doors to the sprawling lake view deck that's great for entertaining or to simply have some quiet time while enjoying the surroundings. Downstairs, the walk out basement has another updated 3pc bthrm, newer washer/dryer & two more bedrooms one of which has a side office space and sliders to its own patio which could present some exciting bnb opportunities for Buyers with the vision! This terrific offering also includes an upgraded electrical panel, newer heat pump & a newer hot water tank. Located on a generous 0.23 acre lot, the backyard is fully fenced allowing for kids & pets to play safely and there's a sturdy new shed for extra storage. Enjoy a quiet, lakeside lifestyle while being a quick 15 min drive to Penticton amenities. Come view all this beautiful property has to offer today! (id:63159)

Values & Trends

This listing

$628/sqft

Building average

No other active listings in this building

Eastside/Lkshr Hi/Skaha Est average

$480/sqft

12 active listing(s)

Parking: Not indicatedStorage 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 ElementaryElementary2.6 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: 7.2% ($62,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$703,200.00
Periodic payment — Principal & Interest (monthly)$4,536.81
Additional monthly expenses (strata, tax, utilities, etc.)$312.29
Total monthly cost$4,849.10
Interest paid over 5-yr term$201,539.14
Balance at end of term$632,530.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,275.52

Cash Needed at Closing

Minimum down payment$62,900
Estimated BC PTT$15,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,980

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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