Property Type: Condo / ApartmentOwnership: Strata

3362 SKAHA LAKE Road Unit# 1301

Penticton, BC V2A0J4

$850,000

2 bed2 bath1 parking1,584 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$412/mo
Annual property tax
$4,894.13

Maintenance Fee Includes

WaterGarbageManagement

Also included: Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Brick, Other
Waterfront
Other

Building

Roof
Metal, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed, Restrictions apply, Allowed with restrictions
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
DenMain level7'4'' x 10'3''
Primary BedroomMain level11'4'' x 15'3''
Living roomMain level14'0'' x 17'11''
KitchenMain level9'11'' x 13'0''
4pc Ensuite bathMain level
Dining roomMain level8'9'' x 20'0''
BedroomMain level9'10'' x 12'0''
3pc BathroomMain level

Listing Information

MLS®
197077
Listed
November 17, 2022
Time on market
On the market for 1383 days
Data last synced
August 28, 2026

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

Description

Check out this brand new, North facing, lakeview, sub penthouse in Phase 3 of the Skaha Lake Towers! This unit is complete & ready to move into! With panoramic views across the City looking straight up the Valley and its beautiful big windows this unit is special. Featuring engineered oak hardwood floors, and a beautiful & classic shaker style white kitchen with cabinetry to the ceiling, quartz counters, & a beautiful open plan with room for entertaining. The suite has 2 bedrooms + a den and is 1584sqft. The huge primary bedroom has stunning views, a private deck, large walk in closet & ensuite bathroom with quartz counters, double sinks & separate tub & shower. The suite has a large den, plus a well appointed 2nd bedroom & full guest bathroom. The over sized laundry room has added space for even more storage or a hobby spot. This brand new concrete & steel building is located just a short walk to Skaha Lake beach & parks + all the awesome trails and outdoor amenities it offers. The unit comes with a secure parking spot in the parkade & a storage locker located conveniently on the same floor as the suite! This complex is not only a stroll to the beach but other great amenities like Kojo Sushi, a bakery & pizza place, convenience stores, the Dragon Boat Pub, & fitness places like SpinCo! All appliances included & net GST is included in the purchase price! With no age restriction & two pets allowed this strata offers great flexibility! Long term rentals allowed no short term. (id:63159)

Values & Trends

This listing

$537/sqft

Building average

$516/sqft

4 active listing(s)

Main South average

$404/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

33

5/9 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 SecondarySecondary601 m
Wiltse ElementaryElementary2.1 km
Holy Cross School(Independent)Elementary/Middle3.1 km
Penticton Christian School(Independent)K-123.5 km
Columbia ElementaryElementary3.8 km
Penticton SecondarySecondary3.9 km
Secondaire de PentictonSecondary3.9 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)

  • Skaha Pizza74 m
  • Kojo101 m

Cafes (1)

  • Second Cup634 m

Parks (4)

  • Unnamed384 m
  • Skaha Lake Park532 m
  • Unnamed553 m
  • Unnamed566 m

Pharmacies (2)

  • Rexall · 3030 Skaha Lake Road469 m
  • Skaha Pharmacy499 m

Banks & ATMs (1)

  • Interior Savings · 251 Green Avenue West701 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$898.41
Total monthly cost$5,285.54
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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