Property Type: Detached HouseOwnership: Freehold

509 Papineau Street

Penticton, BC V2A4X6

$549,000

4 bed1 bath1,611 sqftBuilt 1952
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.09 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,308.06

Interior

Heating
Forced air, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Street

Room Dimensions

RoomLevelDimensions
Primary BedroomBasement10'1'' x 14'5''
Recreation roomBasement10'3'' x 16'4''
BedroomBasement11'8'' x 10'6''
OfficeBasement11'6'' x 8'
Laundry roomBasement10' x 7'2''
BedroomMain level9'11'' x 12'4''
BedroomMain level10'9'' x 9'11''
Full bathroomMain level6'6'' x 6'3''
Living roomMain level14'8'' x 13'1''
KitchenMain level11'5'' x 14'

Listing Information

MLS®
10383716
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

Listing provided by: Parker Real Estate · Data source: CREA DDF.

Description

Welcome 509 Papineau - a charming 4 bedroom, 1 bath home. This cheery space features an open kitchen, dining and living room space, with hardwood floors throughout the main floor. Two bedrooms, one bath up, this home boasts a lower level, almost doubling the home's square footage. Versatile spaces in the lower level, currently in use as two bedrooms, a family room, laundry and office/hobby space. Fenced backyard with a private pergola covered deck to enjoy outdoor living in the Okanagan. A spacious shed that could be utilized as a workshop, studio space or extra storage, plus access to the paved alleyway complement the backyard space. Walking distance to schools, downtown restaurants, shopping and the beach. Book your showing today and be ready to hit the beach this summer! (id:63159)

Values & Trends

This listing

$341/sqft

Building average

No other active listings in this building

Main North average

$492/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

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 ProgramsSecondary338 m
Secondaire de PentictonSecondary464 m
Penticton SecondarySecondary464 m
Penticton Christian School(Independent)K-12820 m
Uplands ElementaryElementary1.0 km
Queens Park ElementaryElementary1.2 km
Holy Cross School(Independent)Elementary/Middle1.2 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+)

  • Lachi298 m
  • Sushi Heaven · 564 Main Street299 m
  • Gratify Foods · 544 Main Street310 m
  • The Cellar340 m
  • Unnamed342 m

Cafes (4)

  • Angry Vegan · 536 Main Street301 m
  • Caffè d'Italia357 m
  • Blenz Coffee520 m
  • Bellevue Cafe596 m

Parks (5+)

  • Unnamed355 m
  • Unnamed400 m
  • Unnamed506 m
  • Unnamed575 m
  • Unnamed659 m

Pharmacies (3)

  • Remedy'sRx420 m
  • Knights Pharmacy436 m
  • Sunrise Pharmacy · 749 Main Street497 m

Banks & ATMs (5+)

  • Prospera Credit Union350 m
  • TD372 m
  • Scotiabank393 m
  • RBC491 m
  • Rocky Store - Bitcoin Well ATM · 430 Haven Hill Road502 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$356.67
Total monthly cost$3,190.24
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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