Property Type: Condo / ApartmentOwnership: Strata

3589 Skaha Lake Road Unit# 406

Penticton, BC V2A7K2

$524,900

2 bed2 bath1 parking1,124 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$423/mo
Annual property tax
$2,884.22

Interior

Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Unknown, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed, 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
3pc BathroomMain level4'11'' x 10'4''
Primary BedroomMain level11'2'' x 10'3''
Living roomMain level11'6'' x 15'10''
KitchenMain level17'0'' x 7'6''
4pc Ensuite bathMain level9'1'' x 7'9''
Dining roomMain level6'8'' x 16'0''
BedroomMain level10'11'' x 9'11''

Listing Information

MLS®
10388373
Listed
May 26, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Welcome to Skaha Breeze!! Located mere steps from Skaha Lake and beach, this top floor SW corner unit is move in ready. Purchased new from the Developer, this open living concept is set up perfectly for entertaining. With 9 foot ceilings and south facing windows, the natural light constantly gives the home a warm bright feeling. Two bedrooms and two bathrooms encompass 1128 SF of livable space. Enjoy lake and mountain views from the private patio area or the exclusive rooftop terrace, which is large enough to hold any function. One heated underground secure parking stall included. No age or rental restrictions, and pets are allowed (one dog or one cat). Please call LS for more info or to book showings. (id:63159)

Values & Trends

This listing

$467/sqft

Building average

No other active listings in this building

Main South average

$405/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

26

3/9 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 SecondarySecondary834 m
Wiltse ElementaryElementary2.3 km
Holy Cross School(Independent)Elementary/Middle3.3 km
Penticton Christian School(Independent)K-123.7 km
Columbia ElementaryElementary4.0 km
Penticton SecondarySecondary4.1 km
Secondaire de PentictonSecondary4.1 km
Entre-lacsElementary/Middle4.2 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 (2)

  • Kojo138 m
  • Skaha Pizza162 m

Parks (5+)

  • Unnamed151 m
  • Unnamed321 m
  • Unnamed333 m
  • Skaha Lake Park461 m
  • Unnamed599 m

Pharmacies (2)

  • Rexall · 3030 Skaha Lake Road660 m
  • Skaha Pharmacy690 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$419,920.00
Periodic payment — Principal & Interest (monthly)$2,709.18
Additional monthly expenses (strata, tax, utilities, etc.)$719.73
Total monthly cost$3,428.91
Interest paid over 5-yr term$120,350.28
Balance at end of term$377,719.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,824.91

Cash Needed at Closing

Minimum down payment$27,490
Estimated BC PTT$8,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,488

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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