Property Type: TownhouseOwnership: Strata

705 Balsam Avenue Unit# 108

Penticton, BC V2A9B7

$675,000

4 bed4.5 bath2 parking2,996 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$519/mo
Annual property tax
$4,168.37

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Hardwood, Carpeted
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave

Exterior & Lot

Exterior features
Brick, Stucco
Lot features
Balcony, Jacuzzi bath-tub, Two Balconies

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
025-731-050

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, Restrictions apply, Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
2pc BathroomMain level
4pc Ensuite bathMain level8'2'' x 8'1''
Dining roomMain level12' x 14'4''
KitchenMain level10'5'' x 12'5''
Laundry roomMain level7'4'' x 7'11''
Living roomMain level18'5'' x 12'5''
Primary BedroomMain level23'1'' x 12'
4pc BathroomSecond level4'11'' x 8'1''
BedroomSecond level13'7'' x 12'5''
BedroomSecond level14'5'' x 12'2''
4pc BathroomBasement4'10'' x 8'5''
BedroomBasement16'11'' x 11'11''
DenBasement12'2'' x 11'10''
Recreation roomBasement12'2'' x 11'10''
StorageBasement6'4'' x 8'
Utility roomBasement4'5'' x 8'5''

Listing Information

MLS®
10391480
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 30, 2026

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

Description

This townhouse is PERFECT for those that want it all without the yard work! There is room for the empty nesters that still need space for family to visit, or those that want a “lock and go” property. Also great for retirees that want to age in place with complete main level living and no yard to maintain, and of course for a busy family that wants room for everyone. With just shy of 3000 square feet, this corner unit has a total of 4 bedrooms plus a den and 3.5 bathrooms that include a private ensuite for the primary and a powder room for guests on the main level. Main level includes a well-appointed kitchen with a large peninsula, hardwood and tile floors, a spacious dining room, a gas fireplace in the living room and a conveniently located laundry room. Upstairs are two large bedrooms, a full bathroom and a comfortable sitting area at the top stair landing with a skylight and an extra window, making it a perfect reading nook. The lower level offers a huge bedroom a very large rec room, a den and tons of storage room. Exterior features include a covered patio overlook the green space, a true double garage measuring approximately 26 ft x 21 ft and two separate garage doors. This unit has a forced air furnace, central air new in 2021 and a built-in vacuum. This is a gated complex with a large grassy area for little kid or adult kids to play! Check out the virtual tour online and book your private viewing with your favourite agent today. (id:63159)

Values & Trends

This listing

$225/sqft

Building average

No other active listings in this building

Wiltse/Valleyview average

$390/sqft

1 active listing(s)

Parking: 2 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.

Nearby Schools

SchoolTypeDistance
Wiltse ElementaryElementary221 m
Princess Margaret SecondarySecondary1.6 km
Columbia ElementaryElementary1.9 km
Holy Cross School(Independent)Elementary/Middle2.3 km
Entre-lacsElementary/Middle2.4 km
Penticton Christian School(Independent)K-122.7 km
Penticton SecondarySecondary3.0 km
Secondaire de PentictonSecondary3.0 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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$540,000.00
Periodic payment — Principal & Interest (monthly)$3,483.90
Additional monthly expenses (strata, tax, utilities, etc.)$1,016.03
Total monthly cost$4,499.93
Interest paid over 5-yr term$154,765.55
Balance at end of term$485,731.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.70

Cash Needed at Closing

Minimum down payment$42,500
Estimated BC PTT$11,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,500

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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