Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

499 Westminster Avenue W

Penticton, BC V2A1K4

$575,000

2 bed1 bath4 parking719 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
$2,577.95

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Flooring
Vinyl, Wood

Exterior & Lot

Exterior features
Wood

Building

Foundation
See Remarks
Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — uncovered indicated
Features
Rear

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level5'7'' x 7'4''
FoyerMain level3'7'' x 13'5''
BedroomMain level10'9'' x 9'8''
Primary BedroomMain level9'8'' x 11'4''
Living roomMain level17'5'' x 13'4''
KitchenMain level10'4'' x 10'1''

Listing Information

MLS®
10398255
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Beautifully updated 2-bedroom, 1-bathroom home featuring extensive renovations inside and out. Located on the North side of Westminster Ave W just a 5 minute walk to the beach, coffee shops, breweries and downtown Penticton. Major components, finishes, and systems have been recently replaced or upgraded, making this property truly move-in ready. Improvements include new windows, roof, flooring throughout including reclaimed mahogany in the main living area; new kitchen, bathroom, appliances, insulation, interior walls, baseboards, lighting and ceiling fans, along with updated electrical and plumbing. A new split heating and cooling system provides efficient year-round temperature control, while fresh interior and exterior paint and new metal skirting complete the transformation. Outside, the fenced yard features a new rolling gate for secure off-street parking, with plenty of room for multiple vehicles. With so many substantial updates already completed, this is a great opportunity to purchase a refreshed home with very little left to do other than move in! This property is zoned RM2 - Low density multiple housing - perfect for future development opportunities! (id:63159)

Values & Trends

This listing

$800/sqft

Building average

No other active listings in this building

Main North average

$484/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

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 ElementaryElementary343 m
ConnectEd - Alternative ProgramsSecondary1.2 km
Penticton SecondarySecondary1.2 km
Secondaire de PentictonSecondary1.2 km
Penticton Christian School(Independent)K-121.5 km
Uplands ElementaryElementary1.8 km
Holy Cross School(Independent)Elementary/Middle1.9 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+)

  • The Black Antler · 218 Winnipeg Street308 m
  • Villa Rosa · 795 Westminster Avenue355 m
  • Hokuto · 786 Westminster Avenue357 m
  • Dosa Vilas366 m
  • Sarhad Dhaba Indian and Pizza367 m

Cafes (5+)

  • Balance Vegetarian Shop and Tea Room282 m
  • Wayne & Freda · 249 Westminster Avenue W329 m
  • Bellevue Cafe545 m
  • Blenz Coffee597 m
  • Caffè d'Italia723 m

Parks (5+)

  • Lakawanna Park415 m
  • Unnamed444 m
  • Queens Park455 m
  • Unnamed476 m
  • Unnamed542 m

Pharmacies (2)

  • Remedy'sRx639 m
  • Knights Pharmacy642 m

Banks & ATMs (5+)

  • Unnamed514 m
  • BMO530 m
  • CIBC556 m
  • Valley First Credit Union581 m
  • RBC616 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$460,000.00
Periodic payment — Principal & Interest (monthly)$2,967.76
Additional monthly expenses (strata, tax, utilities, etc.)$250.83
Total monthly cost$3,218.59
Interest paid over 5-yr term$131,837.32
Balance at end of term$413,771.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,171.64

Cash Needed at Closing

Minimum down payment$32,500
Estimated BC PTT$9,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,500

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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