Property Type: Detached HouseOwnership: Freehold

346 HWY 97

Kaleden, BC V0H1K0

$1,788,000

3 bed2 bath1 parking1,729 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
4.49 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,717.61

Interior

Heating
Electric, Geothermal
Cooling / A/C
See Remarks
Fireplace
None

Exterior & Lot

Exterior features
Metal
View
Lake view, Mountain view

Building

Roof
Metal, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Other, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
OtherMain level22'1'' x 9'5''
Primary BedroomMain level13'1'' x 14'9''
KitchenMain level11'4'' x 12'9''
Living roomMain level14'7'' x 23'0''
5pc Ensuite bathMain level
Dining roomMain level9'4'' x 10'3''
DenMain level12'5'' x 14'9''
BedroomMain level12'10'' x 11'2''
BedroomMain level9'10'' x 11'5''
4pc BathroomMain level

Listing Information

MLS®
10397025
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

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

Description

HIGH TRAFFIC LOCATION! Picturesque 4.49-acre property boasting a lovely updated home, productive fruit stand, and a retail area with a great patio. Enjoy stunning lake and mountain views in Kaleden, just 8 minutes from Penticton. The property features 500 feet of highway frontage and a 3 bedroom, 2 bathroom home with many upgrades including new paint, geothermal heating, cooling unit, and a spacious new deck. The fruit stand offers a designated area for a commercial kitchen, perfect for exploring culinary ventures like a cafe or bakery. Embrace the serenity and potential of this unique property, ideal for those seeking a blend of lifestyle and business opportunities. Winery not included. Seller will lease back if desired. Opportunities abound. Measurements taken from i-Guide. Call listing agent today for a viewing. (id:63159)

Values & Trends

This listing

$1,034/sqft

Building average

No other active listings in this building

Kaleden average

$466/sqft

21 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

Nearest station: Penticton

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.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary1.7 km
Princess Margaret SecondarySecondary6.9 km
Okanagan Falls ElementaryElementary7.0 km
Wiltse ElementaryElementary8.1 km
Holy Cross School(Independent)Elementary/Middle9.4 km
Penticton Christian School(Independent)K-129.8 km
Columbia ElementaryElementary9.9 km
Penticton SecondarySecondary10.1 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: 20.0% ($357,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,430,400.00
Periodic payment — Principal & Interest (monthly)$9,228.46
Additional monthly expenses (strata, tax, utilities, etc.)$479.13
Total monthly cost$9,707.59
Interest paid over 5-yr term$409,956.75
Balance at end of term$1,286,649.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$357,600
Stress test qualifying rate8.09%
Payment you must qualify for$10,999.28

Cash Needed at Closing

Minimum down payment$357,600
Estimated BC PTT$33,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$392,860

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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