582/598 Main Street
Penticton, BC V2A5C7
$850,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.18 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $14,510.31
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10396797
- Listed
- August 4, 2026
- Time on market
- On the market for 27 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Locations West · Data source: CREA DDF.
Description
Flexible C5 zoning for this development property on Main Street in Penticton. 80ft by 100ft with alley access in a desirable location close to shopping, schools, Penticton's farmers market, Okanagan Lake and all the amenities that the downtown core has to offer. Maximum height of 36.6 meters, 100% lot coverage and a FAR of 6 that will allow a multi story building, best suited for ground floor commercial with residential above. Contact the listing agent for details! (id:63159)
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
48
6/9 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 | 313 m |
| Penticton Secondary | Secondary | 341 m |
| Secondaire de Penticton | Secondary | 341 m |
| Penticton Christian School(Independent) | K-12 | 659 m |
| Queens Park Elementary | Elementary | 914 m |
| Holy Cross School(Independent) | Elementary/Middle | 1.1 km |
| Uplands Elementary | Elementary | 1.3 km |
| Entre-lacs | Elementary/Middle | 1.5 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 Street51 m
- Unnamed51 m
- Gratify Foods · 544 Main Street67 m
- Lala Ji's Pizzeria77 m
- False Bay Savoury Pies · 98 White Avenue West93 m
Cafes (5+)
- Angry Vegan · 536 Main Street77 m
- Caffè d'Italia223 m
- Blenz Coffee531 m
- Bellevue Cafe599 m
- Balance Vegetarian Shop and Tea Room774 m
Parks (5+)
- Unnamed335 m
- Unnamed411 m
- Unnamed480 m
- Unnamed532 m
- Unnamed738 m
Gyms (1)
- Unnamed782 m
Pharmacies (3)
- Sunrise Pharmacy · 749 Main Street247 m
- Remedy'sRx359 m
- Knights Pharmacy431 m
Banks & ATMs (5+)
- Prospera Credit Union291 m
- Scotiabank297 m
- TD329 m
- RBC502 m
- CIBC540 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,000) — 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.