Property Type: Land / LotOwnership: Freehold

703 Pineview Road

Penticton, BC V2A7S8

$319,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.16 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,916.32

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10386038
Listed
May 4, 2026
Time on market
On the market for 119 days
Data last synced
August 28, 2026

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

Description

Great opportunity to purchase a fully serviced city lot just minutes from all the amenities Penticton has to offer. This 0.16 acre Building lot is ready to go with the right design you will have incredible lake and valley views unobstructed. Call listing Realtor more more details. (id:63159)

Location Insights

Weather

Mainly Clear

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.

Nearby Schools

SchoolTypeDistance
Wiltse ElementaryElementary470 m
Princess Margaret SecondarySecondary1.3 km
Columbia ElementaryElementary2.3 km
Holy Cross School(Independent)Elementary/Middle2.5 km
Entre-lacsElementary/Middle2.7 km
Penticton Christian School(Independent)K-122.9 km
Penticton SecondarySecondary3.2 km
Secondaire de PentictonSecondary3.2 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.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,200.00
Periodic payment — Principal & Interest (monthly)$1,646.46
Additional monthly expenses (strata, tax, utilities, etc.)$159.69
Total monthly cost$1,806.16
Interest paid over 5-yr term$73,141.05
Balance at end of term$229,553.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,330.35

Cash Needed at Closing

Minimum down payment$15,950
Estimated BC PTT$4,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,830

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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