Property Type: Condo / ApartmentOwnership: Strata

3388 SKAHA LAKE Road Unit# 1203

Penticton, BC V2A6G4

$950,000

2 bed2 bath1 parking1,713 sqftBuilt 2018
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$448/mo
Annual property tax
$5,035

Interior

Heating
See remarks, Other
Cooling / A/C
See Remarks
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Brick, Other
View
City view, Lake view, Mountain view, View (panoramic)

Building

Roof
Metal, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, Other

Restrictions & Policies

Pets
Restrictions apply, 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
Primary BedroomMain level16'3'' x 16'8''
Living roomMain level11'11'' x 18'9''
Laundry roomMain level5'1'' x 7'4''
KitchenMain level14'2'' x 17'2''
5pc Ensuite bathMain level
Dining roomMain level11'3'' x 16'9''
DenMain level11'11'' x 10'0''
BedroomMain level11'10'' x 13'7''
4pc BathroomMain level

Listing Information

MLS®
10392752
Listed
June 29, 2026
Time on market
On the market for 63 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers South Okanagan · Data source: CREA DDF.

Description

Welcome to Skaha Lake Towers Penthouse! One of Penticton's finest condominium complexes. This south-facing, 1,713 sq ft luxury top-floor residence offers unobstructed lake views and features vaulted ceilings and upgrades throughout the 2-bedrooms & den. Each room opens onto one of four private decks. The massive kitchen has solid wood cabinetry, stainless steel appliances, a large wrap-around peninsula, with an outdoor NG BBQ hookup. The large living/dining room with high ceilings and expansive windows, is perfectly positioned to capture the breathtaking views. The well-appointed master bedroom has a walk-in closet and an ensuite bathroom complete with his-and-hers sinks and a jetted tub. There is a large guest bedroom and the den is perfect for a home office or a crafting room. Condo life offers conveniences such as large same-floor storage, two sets of elevators, secure, semi-private heated parking, bike room, and multi-use rooms for private events, games and recreation. Skaha Lake beach, parks, pathways and shopping are just a stroll away. Rentals are permitted with some restrictions. 2 dogs or cats are allowed. Contact us now to seize the opportunity to make this marvellous Penthouse yours! (id:63159)

Values & Trends

This listing

$555/sqft

Building average

$492/sqft

3 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 SecondarySecondary639 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/Middle4.0 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.

Nearby Places

Restaurants (2)

  • Skaha Pizza52 m
  • Kojo61 m

Cafes (1)

  • Second Cup641 m

Parks (5+)

  • Unnamed347 m
  • Unnamed503 m
  • Unnamed519 m
  • Skaha Lake Park554 m
  • Unnamed745 m

Pharmacies (2)

  • Rexall · 3030 Skaha Lake Road473 m
  • Skaha Pharmacy504 m

Banks & ATMs (1)

  • Interior Savings · 251 Green Avenue West702 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$953.80
Total monthly cost$5,857.07
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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