Property Type: Detached HouseOwnership: Leasehold

512 Red Wing Drive

Penticton, BC V2A8K6

$380,000

2 bed2 bath5 parking1,073 sqftBuilt 1997
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Amenities

Also listed: Recreation Centre, RV Storage, Clubhouse

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.1 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Strata / maintenance fee
$220/mo
Annual property tax
$2,946.67

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Laminate

Exterior & Lot

Exterior features
Brick, Vinyl siding
View
View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, RV

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Rentals
Allowed
Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

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

Room Dimensions

RoomLevelDimensions
3pc Ensuite bathMain level5'5'' x 8'4''
4pc BathroomMain level4'10'' x 8'10''
Laundry roomMain level9'2'' x 5'4''
BedroomMain level9'11'' x 8'10''
Primary BedroomMain level11'2'' x 12'7''
Family roomMain level14'4'' x 13'1''
KitchenMain level13'1'' x 9'10''
Dining roomMain level9'4'' x 9'3''
Living roomMain level13'1'' x 11'
FoyerMain level9'6'' x 5'2''

Listing Information

MLS®
10374638
Listed
February 5, 2026
Time on market
On the market for 207 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Welcome to easy living in the desirable 40+ adult community of Red Wing Resort! This bright and well-maintained 2 bed, 2 bath rancher offers 1,073 sqft of comfort, including a 3-piece ensuite in the primary bedroom. Enjoy year-round Okanagan living with your private, fenced backyard featuring a large covered deck-perfect for relaxing or entertaining. Stay cool with AC units and enjoy the convenience of a double garage. This quiet, gated community boasts private sandy beaches, a boat launch, RV & boat storage, a clubhouse with kitchen, BBQs, pool table, shuffleboard, and a library. Low monthly strata fees make this an affordable option for a permanent residence or summer getaway. Seller may consider including select summer water recreation items, to be negotiated separately. Just minutes to town and close to the Penticton Golf & Country Club! (id:63159)

Values & Trends

This listing

$354/sqft

Building average

No other active listings in this building

Main North average

$492/sqft

56 active listing(s)

Parking: 5 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

19

4/9 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
West Bench ElementaryElementary911 m
Queens Park ElementaryElementary1.3 km
Penticton SecondarySecondary2.5 km
Secondaire de PentictonSecondary2.5 km
ConnectEd - Alternative ProgramsSecondary2.5 km
Penticton Christian School(Independent)K-122.6 km
Holy Cross School(Independent)Elementary/Middle3.0 km
Uplands ElementaryElementary3.1 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 (4)

  • Salty's Beach House · 1000 Lakeshore Dr W678 m
  • Elma · 994 Lakeshore Dr W691 m
  • Denny's765 m
  • The Station Public House · 1070 Eckhardt Avenue West783 m

Cafes (2)

  • Starbucks · 300 Riverside Drive579 m
  • Tim Hortons605 m

Grocery (1)

  • Quality Greens567 m

Parks (3)

  • Riverside Park382 m
  • Unnamed459 m
  • SS Sicamous Heritage Shipyard Area562 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$304,000.00
Periodic payment — Principal & Interest (monthly)$1,961.30
Additional monthly expenses (strata, tax, utilities, etc.)$519.56
Total monthly cost$2,480.86
Interest paid over 5-yr term$87,127.27
Balance at end of term$273,448.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,775.96

Cash Needed at Closing

Minimum down payment$19,000
Estimated BC PTT$5,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,100

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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