Property Type: Detached HouseOwnership: Freehold

601 Winnipeg Street

Penticton, BC V2A5N1

$630,000

3 bed2 bath1,406 sqftBuilt 1923
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.25 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,818.28

Interior

Basement
Cellar
Heating
No heat
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Room Dimensions

RoomLevelDimensions
BedroomMain level7'3'' x 10'7''
Living roomMain level17' x 16'
Full bathroomMain level
OtherMain level6'6'' x 9'
KitchenMain level11'8'' x 11'
BedroomMain level11' x 11'8''
Full ensuite bathroomMain level
Laundry roomMain level6'6'' x 9'2''
Primary BedroomMain level12' x 11'
Dining roomMain level16'5'' x 10'6''

Listing Information

MLS®
10388779
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

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

Description

This 1923 character home sits on a rare lot-and-a-half with two titles (601 & 609 Winnipeg Street), offering a prime opportunity in the heart of downtown Penticton. The home has been fully gutted and is ready for restoration or redevelopment. Original architectural features like the rooflines, gable ends, front porch with pillars, and some original flooring reflect the charm of its era. Recent updates include newer oak flooring in the living room, dining room, and bedrooms. A full-size 6'6"" cellar adds functional space and storage. The fenced yard features mature trees, a variety of plantings, and ample room for a lap pool or large garage off the alley. With road access on two sides and a rear alley, the lot layout and RM2 zoning lends itself well to higher-density use. Buyers considering development are encouraged to consult with the City of Penticton to explore possibilities. Contact listing agent for a full information package. (id:63159)

Values & Trends

This listing

$448/sqft

Building average

No other active listings in this building

Main North average

$490/sqft

56 active listing(s)

Parking: Not indicatedStorage 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

44

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
Penticton SecondarySecondary499 m
Secondaire de PentictonSecondary499 m
ConnectEd - Alternative ProgramsSecondary531 m
Queens Park ElementaryElementary698 m
Penticton Christian School(Independent)K-12717 m
Holy Cross School(Independent)Elementary/Middle1.2 km
Uplands ElementaryElementary1.6 km
Entre-lacsElementary/Middle1.8 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+)

  • False Bay Savoury Pies · 98 White Avenue West178 m
  • Bogners · 302 West Eckhardt Avenue212 m
  • Lala Ji's Pizzeria221 m
  • Theo's Restaurant261 m
  • Gratify Foods · 544 Main Street264 m

Cafes (5+)

  • Angry Vegan · 536 Main Street274 m
  • Caffè d'Italia312 m
  • Blenz Coffee588 m
  • Bellevue Cafe635 m
  • Balance Vegetarian Shop and Tea Room715 m

Parks (5+)

  • Unnamed382 m
  • Unnamed624 m
  • Unnamed640 m
  • Unnamed646 m
  • Unnamed721 m

Shopping (1)

  • Canadian Tire · 960 Railway Street779 m

Pharmacies (3)

  • Sunrise Pharmacy · 749 Main Street323 m
  • Remedy'sRx419 m
  • Knights Pharmacy505 m

Banks & ATMs (5+)

  • Scotiabank362 m
  • Prospera Credit Union390 m
  • TD418 m
  • RBC566 m
  • CIBC578 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($38,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$504,000.00
Periodic payment — Principal & Interest (monthly)$3,251.64
Additional monthly expenses (strata, tax, utilities, etc.)$304.86
Total monthly cost$3,556.49
Interest paid over 5-yr term$144,447.85
Balance at end of term$453,349.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,552.27

Cash Needed at Closing

Minimum down payment$38,000
Estimated BC PTT$10,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,100

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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