578 Lakeshore Drive Unit# 203
Penticton, BC V2A1B9
$585,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $450/mo
- Annual property tax
- $3,345
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Heat Pump
- Fireplace
- Yes (1)
- Fireplace type
- Electric, Unknown
Parking
- Total spaces
- 1
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | 6'8'' x 6'11'' |
| Primary Bedroom | Main level | 12'4'' x 14'6'' |
| Office | Main level | 9'4'' x 10'3'' |
| Living room | Main level | 13'5'' x 19'5'' |
| Kitchen | Main level | 13'5'' x 8'5'' |
| 4pc Ensuite bath | Main level | 7'0'' x 9'8'' |
| 2pc Bathroom | Main level | 6'9'' x 2'11'' |
Listing Information
- MLS®
- 10393493
- Listed
- July 3, 2026
- Time on market
- On the market for 59 days
- Data last synced
- August 28, 2026
Listing provided by: Chamberlain Property Group · Data source: CREA DDF.
Description
Welcome to 203-578 Lakeshore Drive! This one bedroom + den 1026 sq ft newly constructed condo is located along the stunning Okanagan Lake. Where the lake meets the city. It’s a blend of relaxed living that is still full of activity. The water is usually calm in the mornings, with mountains and rolling hills framing the view across the lake. It’s not everyday you have an opportunity to own property on Lakeshore Drive. The minute you walk through the door you will be pleasantly surprised with the open and bright floor plan, larger windows and a fantastic solid surface island which has the perfect placement for entertaining. Take advantage of the all the storage in the kitchen with the custom cabinetry and stainless-steel appliances. This kitchen was well thought out for the family cook. The living room was designed for your personal comfort and an added touch of class with the sleek electric fireplace. As you will notice the home has a ductless heat pump system for efficient utility costs and to make your home enjoyable in all seasons. The primary suite is a great space with a beautifully designed ensuite. This design creates your own personal privacy when having house guests. The den/ office has so many possibilities for your family’s needs with its room size being 10’ 3 x 9’ 4. The showstopper is the 400 sq ft private deck off the living room. Enjoy the beach all day and come home to your private deck. GST included. This is such a unique opportunity!! (id:63159)
Values & Trends
This listing
$570/sqft
Building average
$670/sqft
1 active listing(s)
Main North average
$529/sqft
46 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
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
26
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
| School | Type | Distance |
|---|---|---|
| Queens Park Elementary | Elementary | 584 m |
| ConnectEd - Alternative Programs | Secondary | 1.5 km |
| Secondaire de Penticton | Secondary | 1.5 km |
| Penticton Secondary | Secondary | 1.5 km |
| Penticton Christian School(Independent) | K-12 | 1.8 km |
| Uplands Elementary | Elementary | 2.0 km |
| West Bench Elementary | Elementary | 2.1 km |
| Holy Cross School(Independent) | Elementary/Middle | 2.2 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.201 m
- Cambo Beach · 914 West Lakeshore Drive337 m
- Villa Rosa · 795 Westminster Avenue417 m
- Dosa Vilas448 m
- Hokuto · 786 Westminster Avenue456 m
Cafes (4)
- Balance Vegetarian Shop and Tea Room451 m
- Wayne & Freda · 249 Westminster Avenue W467 m
- Bellevue Cafe725 m
- Blenz Coffee794 m
Parks (5+)
- Lakawanna Park259 m
- Unnamed447 m
- Unnamed486 m
- Rotary Park509 m
- Queens Park540 m
Banks & ATMs (4)
- Unnamed651 m
- BMO666 m
- Valley First Credit Union701 m
- CIBC757 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($33,500) — 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.