Property Type: Detached HouseOwnership: Freehold

402 CONKLIN Avenue

Penticton, BC V2A2T4

$775,000

3 bed1 bath4 parking1,425 sqftBuilt 1965
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.26 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,524.37

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Carpeted

Exterior & Lot

Exterior features
Vinyl siding
View
City view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Detached Garage, Other, Additional Parking

Room Dimensions

RoomLevelDimensions
FoyerMain level5'5'' x 16'
Laundry roomMain level8' x 8'5''
BedroomMain level7' x 16'
Living roomMain level15'5'' x 22'5''
KitchenMain level10' x 11'
Dining roomMain level11' x 12'
Primary BedroomMain level9'5'' x 15'5''
BedroomMain level7'5'' x 12'
4pc BathroomMain level5'5'' x 7'

Listing Information

MLS®
10386674
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

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

Description

Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0.26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway. Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes. This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations. Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale. (id:63159)

Values & Trends

This listing

$544/sqft

Building average

No other active listings in this building

Main North average

$488/sqft

56 active listing(s)

Parking: 4 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

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.

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

37

8/9 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
Penticton Christian School(Independent)K-12801 m
Penticton SecondarySecondary955 m
Secondaire de PentictonSecondary955 m
Holy Cross School(Independent)Elementary/Middle1.0 km
Queens Park ElementaryElementary1.1 km
ConnectEd - Alternative ProgramsSecondary1.1 km
Entre-lacsElementary/Middle2.1 km
Uplands ElementaryElementary2.3 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 (1)

  • Bogners · 302 West Eckhardt Avenue614 m

Cafes (1)

  • Starbucks727 m

Grocery (1)

  • Safeway700 m

Parks (4)

  • Unnamed191 m
  • Unnamed342 m
  • Unnamed699 m
  • Unnamed772 m

Shopping (1)

  • Canadian Tire · 960 Railway Street506 m

Gyms (1)

  • Unnamed776 m

Pharmacies (1)

  • Shoppers Drug Mart676 m

Banks & ATMs (1)

  • Unnamed717 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($52,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$620,000.00
Periodic payment — Principal & Interest (monthly)$4,000.03
Additional monthly expenses (strata, tax, utilities, etc.)$364.70
Total monthly cost$4,364.73
Interest paid over 5-yr term$177,693.78
Balance at end of term$557,692.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$52,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,555.77

Cash Needed at Closing

Minimum down payment$52,500
Estimated BC PTT$13,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$67,500

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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