553 Papineau Street
Penticton, BC V2A4X6
$515,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1.5
- Lot size
- 0.09 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,637.37
Interior
- Basement
- Partial, Cellar
- Heating
- Heat Pump, Baseboard heaters
- Cooling / A/C
- Heat Pump
- Fireplace
- None
Exterior & Lot
- Exterior features
- Stucco
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Rear, Street, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 11'5'' x 11'6'' |
| Family room | Main level | 15'2'' x 12' |
| Bedroom | Main level | 8'10'' x 7'7'' |
| Primary Bedroom | Main level | 8'5'' x 11'7'' |
| Laundry room | Main level | 11'1'' x 9'11'' |
| Foyer | Main level | 8' x 3'5'' |
| Den | Basement | 9'5'' x 10' |
| 4pc Bathroom | Main level | 6'7'' x 6'1'' |
| Living room | Main level | 13'3'' x 10'4'' |
Listing Information
- MLS®
- 10397219
- Listed
- August 7, 2026
- Time on market
- On the market for 24 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Locations West · Data source: CREA DDF.
Description
First-time home buyers, developers, retirees—this home is a must-see! This two-bedroom + den, one-bath Rancher-style home is ideally located on a quiet residential street just a few min walk to the heart of Penticton's downtown core and Okanagan beaches. This home is move-in ready while you prepare to make it your own. The all-one-level living with a bonus room downstairs for your man cave, studio, or office gives many options for the new homeowner. Upgraded baseboard heating and a newer heat pump provide year-round comfort. Alley access provides 2 parking spaces out back in addition to street parking. The yard is a flat blank canvas for your ideas. Included in the sale are permit-ready, professional drawings by Tony Giroux Design for one front/back duplex with suites. All meas. from iGuide and BC Assessment. (id:63159)
Values & Trends
This listing
$490/sqft
Building average
—
No other active listings in this building
Main North average
$489/sqft
56 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| ConnectEd - Alternative Programs | Secondary | 292 m |
| Secondaire de Penticton | Secondary | 423 m |
| Penticton Secondary | Secondary | 423 m |
| Penticton Christian School(Independent) | K-12 | 777 m |
| Uplands Elementary | Elementary | 1.0 km |
| Holy Cross School(Independent) | Elementary/Middle | 1.2 km |
| Queens Park Elementary | Elementary | 1.2 km |
| Entre-lacs | Elementary/Middle | 1.3 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+)
- Sushi Heaven · 564 Main Street305 m
- Lachi317 m
- Gratify Foods · 544 Main Street318 m
- Unnamed332 m
- The Cellar377 m
Cafes (4)
- Angry Vegan · 536 Main Street312 m
- Caffè d'Italia386 m
- Blenz Coffee569 m
- Bellevue Cafe645 m
Parks (5+)
- Unnamed303 m
- Unnamed350 m
- Unnamed545 m
- Unnamed552 m
- Unnamed615 m
Pharmacies (3)
- Remedy'sRx461 m
- Sunrise Pharmacy · 749 Main Street471 m
- Knights Pharmacy482 m
Banks & ATMs (5+)
- Prospera Credit Union388 m
- TD413 m
- Scotiabank429 m
- Rocky Store - Bitcoin Well ATM · 430 Haven Hill Road490 m
- RBC539 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.1% ($26,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.