Property Type: Detached HouseOwnership: Freehold

484 Alexander Avenue

Penticton, BC V2A1E5

$440,000

2 bed1 bath924 sqftBuilt 1900
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.07 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,337.76

Interior

Heating
Forced air
Fireplace
None

Parking

Features
Rear, Street

Room Dimensions

RoomLevelDimensions
Full bathroomMain level
Laundry roomMain level' x '
Living roomMain level' x '
BedroomMain level' x '
Primary BedroomMain level' x '
KitchenMain level' x '

Listing Information

MLS®
10396496
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Development opportunity in a desirable central Penticton location. Situated just blocks from the Okanagan Lake, beaches, park, and downtown amenities. This property offers a redevelopment opportunity with zoning that permits small-scale multi unit residential housing. This property is being marketed primarily for the land value and development potential. Located within an established neighborhood that has seen ongoing residential redevelopment and investment, this site provides convenient access to schools, shopping, restaurants, recreation and transit. Buyers are encouraged to complete their own due diligence with the City of Penticton regarding zoning, permitted uses, density, servicing requirements and future development plans. Property is being sold as is, where is. (id:63159)

Values & Trends

This listing

$476/sqft

Building average

No other active listings in this building

Main North average

$490/sqft

56 active listing(s)

Parking: Not indicatedStorage 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

30

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
Queens Park ElementaryElementary477 m
ConnectEd - Alternative ProgramsSecondary1.3 km
Penticton SecondarySecondary1.4 km
Secondaire de PentictonSecondary1.4 km
Penticton Christian School(Independent)K-121.6 km
Uplands ElementaryElementary1.9 km
Holy Cross School(Independent)Elementary/Middle2.1 km
West Bench ElementaryElementary2.2 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 (5+)

  • Patio Burger & ice cream co.328 m
  • Bad Tattoo · 169 Estabrook Avenue374 m
  • The Black Antler · 218 Winnipeg Street376 m
  • Villa Rosa · 795 Westminster Avenue390 m
  • Dosa Vilas413 m

Cafes (4)

  • Balance Vegetarian Shop and Tea Room315 m
  • Wayne & Freda · 249 Westminster Avenue W342 m
  • Bellevue Cafe594 m
  • Blenz Coffee659 m

Parks (5+)

  • Lakawanna Park339 m
  • Unnamed381 m
  • Unnamed420 m
  • Rotary Park490 m
  • Queens Park509 m

Pharmacies (2)

  • Knights Pharmacy723 m
  • Remedy'sRx736 m

Banks & ATMs (5+)

  • Unnamed534 m
  • BMO550 m
  • Valley First Credit Union593 m
  • CIBC620 m
  • RBC683 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$352,000.00
Periodic payment — Principal & Interest (monthly)$2,270.98
Additional monthly expenses (strata, tax, utilities, etc.)$324.15
Total monthly cost$2,595.13
Interest paid over 5-yr term$100,884.21
Balance at end of term$316,625.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,214.27

Cash Needed at Closing

Minimum down payment$22,000
Estimated BC PTT$6,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,300

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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