Property Type: TownhouseOwnership: Strata

601 Wade Avenue Unit# 101

Penticton, BC V2A1V6

$255,000

2 bed1 bath1 parking814 sqftBuilt 1984
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$360/mo
Annual property tax
$1,529.57

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Other, See Remarks

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric
Cooling / A/C
Window air conditioner
Fireplace
None
Flooring
Laminate, Carpeted

Exterior & Lot

Exterior features
Stucco, Wood siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Covered

Restrictions & Policies

Pets
Not 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
4pc BathroomMain level
Primary BedroomMain level11'0'' x 15'0''
KitchenMain level10' x 15'
Living roomMain level13'0'' x 15'0''
Laundry roomMain level5'6'' x 12'0''
BedroomMain level10'0'' x 9'0''

Listing Information

MLS®
10372149
Listed
January 7, 2026
Time on market
On the market for 236 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Clean well kept retirement complex. 2 bedroom, 1 bath Garden Apartment close to S.O.E.C. (South Okanagan Event Centre), community center, pool and downtown shopping and beach. Covered parking, easy access ground level, low strata fees. 55+, no pets and a great sense of community. Wheelchair accessible one level rancher. Rentals allowed, visitor parking. Tenant in place. Call your Selling Agent today to view. (id:63159)

Values & Trends

This listing

$313/sqft

Building average

No other active listings in this building

Main North average

$437/sqft

23 active listing(s)

Parking: 1 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

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

30

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

SchoolTypeDistance
Queens Park ElementaryElementary189 m
Secondaire de PentictonSecondary1.0 km
Penticton SecondarySecondary1.0 km
ConnectEd - Alternative ProgramsSecondary1.0 km
Penticton Christian School(Independent)K-121.2 km
Holy Cross School(Independent)Elementary/Middle1.6 km
Uplands ElementaryElementary1.9 km
Entre-lacsElementary/Middle2.3 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+)

  • Match Eatery & Public House · 201-553 Vees Drive300 m
  • The Buffet · 201-553 Vees Drive331 m
  • Hokuto · 786 Westminster Avenue431 m
  • Sarhad Dhaba Indian and Pizza439 m
  • Dosa Vilas454 m

Cafes (5+)

  • Balance Vegetarian Shop and Tea Room548 m
  • Wayne & Freda · 249 Westminster Avenue W602 m
  • Caffè d'Italia635 m
  • Bellevue Cafe687 m
  • Blenz Coffee697 m

Parks (4)

  • Queens Park477 m
  • Lakawanna Park693 m
  • Unnamed780 m
  • Unnamed796 m

Shopping (1)

  • Canadian Tire · 960 Railway Street601 m

Pharmacies (2)

  • Remedy'sRx629 m
  • Knights Pharmacy682 m

Banks & ATMs (5+)

  • Scotiabank620 m
  • CIBC660 m
  • TD666 m
  • Prospera Credit Union668 m
  • RBC698 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$204,000.00
Periodic payment — Principal & Interest (monthly)$1,316.14
Additional monthly expenses (strata, tax, utilities, etc.)$528.46
Total monthly cost$1,844.60
Interest paid over 5-yr term$58,466.99
Balance at end of term$183,498.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,862.82

Cash Needed at Closing

Minimum down payment$12,750
Estimated BC PTT$3,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,350

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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