Property Type: TownhouseOwnership: Strata

463 WADE Avenue Unit# 101

Penticton, BC V2A1T1

$689,000

2 bed4 full, 2 half bath1 parking1,428 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$0

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Stucco, Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Primary BedroomThird level11'0'' x 13'0''
Living roomSecond level11'6'' x 15'6''
KitchenSecond level8'6'' x 13'8''
4pc Ensuite bathThird level
5pc Ensuite bathThird level
Dining roomSecond level9'0'' x 15'6''
DenMain level9'0'' x 9'10''
BedroomThird level10'0'' x 10'0''
2pc BathroomMain level
2pc BathroomSecond level

Listing Information

MLS®
10389933
Listed
June 2, 2026
Time on market
On the market for 90 days
Data last synced
August 28, 2026

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

Description

Welcome to The Wade Residences by MS Developers, expected Completion July 2026. A boutique collection of four modern townhomes just a 5-minute stroll from Okanagan Lake and moments from downtown Penticton's vibrant restaurants, breweries, coffee shops, and amenities. Now in the final stages of construction, these thoughtfully designed homes offer over 1,400 sq. ft. of contemporary living space across three levels, plus a single-car garage. The entry level features a versatile bonus room with a powder room, ideal for a home office, den, fitness room, or guest space. The main floor boasts an open-concept layout with maple cabinetry, quartz countertops, a large central island, and a bright living area that opens onto a covered patio complete with BBQ hookups. Premium finishes include stainless steel appliances, 9-foot ceilings, vinyl plank flooring, and ceramic tile throughout. Upstairs, you'll find two spacious primary bedrooms, each featuring its own ensuite and walk-in closet, along with conveniently located upper-floor laundry. Backed by a 2-5-10 New Home Warranty, these homes offer an exceptional opportunity to enjoy modern living in one of Penticton's most walkable locations. Buyers may still have limited opportunity to personalize select finishes. Take advantage of the recently announced GST rebate program on eligible new construction homes. (id:63159)

Values & Trends

This listing

$482/sqft

Building average

$478/sqft

3 active listing(s)

Main North average

$429/sqft

23 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

37

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
ConnectEd - Alternative ProgramsSecondary457 m
Secondaire de PentictonSecondary590 m
Penticton SecondarySecondary590 m
Uplands ElementaryElementary875 m
Penticton Christian School(Independent)K-12943 m
Queens Park ElementaryElementary1.2 km
Holy Cross School(Independent)Elementary/Middle1.3 km
Entre-lacsElementary/Middle1.4 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 (5+)

  • The Cellar406 m
  • Lachi406 m
  • Sushi Heaven · 564 Main Street423 m
  • Gratify Foods · 544 Main Street430 m
  • Twisted Chopsticks441 m

Cafes (4)

  • Angry Vegan · 536 Main Street420 m
  • Caffè d'Italia441 m
  • Blenz Coffee524 m
  • Bellevue Cafe596 m

Parks (5+)

  • Unnamed399 m
  • Unnamed425 m
  • Unnamed503 m
  • Vancouver Avenue Park571 m
  • Ellis Park673 m

Pharmacies (3)

  • Knights Pharmacy459 m
  • Remedy'sRx468 m
  • Sunrise Pharmacy · 749 Main Street633 m

Banks & ATMs (5+)

  • Prospera Credit Union411 m
  • Rocky Store - Bitcoin Well ATM · 430 Haven Hill Road418 m
  • TD423 m
  • Scotiabank459 m
  • RBC498 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,200.00
Periodic payment — Principal & Interest (monthly)$3,556.16
Additional monthly expenses (strata, tax, utilities, etc.)$71.00
Total monthly cost$3,627.16
Interest paid over 5-yr term$157,975.50
Balance at end of term$495,806.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,960.59

Cash Needed at Closing

Minimum down payment$43,900
Estimated BC PTT$11,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,180

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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