Property Type: Condo / ApartmentOwnership: Strata

75 Martin Street Unit# 508

Penticton, BC V2A9C8

$900,000

2 bed2 bath1 parking1,146 sqftBuilt 2008
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Amenities

Also listed: Storage - Locker, Sauna, Whirlpool, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$521/mo
Annual property tax
$3,880.7

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake
Pool
Inground pool

Building

Roof
Tar & gravel, Metal, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Heated Garage

Restrictions & Policies

Pets
Restrictions apply
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
5pc Ensuite bathMain level
3pc Ensuite bathMain level
BedroomMain level10' x 12'
Living roomMain level12' x 20'
Primary BedroomMain level11'0'' x 12'6''
KitchenMain level7'0'' x 10'0''

Listing Information

MLS®
10373850
Listed
January 28, 2026
Time on market
On the market for 216 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.

Description

#508 – 75 Martin Street, Penticton Lakeshore Towers Exceptional value in the ever-popular Lakeshore Towers, a premier condo development in the heart of Penticton’s vibrant downtown core. This beautifully designed 2-bedroom, 2-bathroom residence offers a perfect blend of comfort, style, and unbeatable location. The home features a bright open-concept floor plan, kitchen complete with granite countertops and stainless steel appliances—ideal for both everyday living and entertaining. Enjoy breathtaking lake views from the living room, private deck, and the primary bedroom, creating a serene Okanagan lifestyle atmosphere. Thoughtfully designed and filled with natural light, this condo offers both functionality and elegance. Residents of Lakeshore Towers enjoy resort-style amenities including: Outdoor pool Hot tub Saunas Fully equipped fitness room Putting green And more The unit includes secure underground parking stall and a private storage locker for added convenience. (id:63159)

Values & Trends

This listing

$785/sqft

Building average

$726/sqft

4 active listing(s)

Main North average

$524/sqft

46 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

41

5/9 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 ElementaryElementary817 m
ConnectEd - Alternative ProgramsSecondary1.2 km
Secondaire de PentictonSecondary1.3 km
Penticton SecondarySecondary1.3 km
Uplands ElementaryElementary1.5 km
Penticton Christian School(Independent)K-121.6 km
Holy Cross School(Independent)Elementary/Middle2.0 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+)

  • Bad Tattoo · 169 Estabrook Avenue144 m
  • Lees Overseas Delights225 m
  • Hooded Merganser235 m
  • Stillfood Bistro & Cappuccino Bar · 75 Front Street248 m
  • Katsu Heaven · 203 Martin Street261 m

Cafes (5+)

  • Wayne & Freda · 249 Westminster Avenue W206 m
  • Balance Vegetarian Shop and Tea Room259 m
  • Bellevue Cafe337 m
  • Blenz Coffee412 m
  • Caffè d'Italia708 m

Parks (5+)

  • Unnamed26 m
  • Unnamed64 m
  • Gyro Park81 m
  • Unnamed145 m
  • Veterans Memorial Park165 m

Pharmacies (2)

  • Knights Pharmacy511 m
  • Remedy'sRx573 m

Banks & ATMs (5+)

  • Unnamed228 m
  • BMO234 m
  • Valley First Credit Union238 m
  • CIBC394 m
  • RBC443 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($65,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$720,000.00
Periodic payment — Principal & Interest (monthly)$4,645.20
Additional monthly expenses (strata, tax, utilities, etc.)$901.80
Total monthly cost$5,547.00
Interest paid over 5-yr term$206,354.07
Balance at end of term$647,642.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$65,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.86

Cash Needed at Closing

Minimum down payment$65,000
Estimated BC PTT$16,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,500

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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