Property Type: Detached HouseOwnership: Freehold

765 Westminster Avenue E

Penticton, BC V2A1J2

$4,250,000

5 bed5.5 bath4 parking4,365 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.26 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,136

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Gas, Electric, Unknown, Unknown
Flooring
Hardwood, Porcelain Tile

Exterior & Lot

Exterior features
Stucco, Concrete Block
View
City view, Lake view, Mountain view, View of water, View (panoramic)
Pool
Inground pool, Outdoor pool

Building

Foundation
Insulated Concrete Forms
Roof
Other, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomLower level11'8'' x 7'
OtherMain level3'5'' x 5'
OtherMain level6' x 5'
BedroomLower level12' x 14'4''
3pc BathroomLower level5' x 8'10''
Wine CellarLower level8' x 6'6''
OtherLower level13' x 7'
BedroomLower level14'6'' x 16'2''
6pc Ensuite bathSecond level13' x 16'
Primary BedroomSecond level13' x 30'
2pc BathroomSecond level8' x 6'
Laundry roomSecond level10'2'' x 6'
PantrySecond level8' x 9'5''
KitchenSecond level14' x 19'
Dining roomSecond level15' x 14'5''
Living roomSecond level18' x 18'
BedroomMain level9'7'' x 14'7''
3pc BathroomMain level8'3'' x 5'
MediaMain level16' x 17'10''
5pc Ensuite bathMain level5' x 10'8''
BedroomMain level13' x 12'

Listing Information

MLS®
10375925
Listed
March 20, 2026
Time on market
On the market for 164 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers South Okanagan · Data source: CREA DDF.

Description

Welcome to Grandview Terraces by Agave Homes - where luxury meets location. This California Modern residence is thoughtfully designed to maximize privacy, natural light, and sweeping lake and mountain views. An innovative reverse floor plan places the main living spaces, kitchen, expansive terrace, and primary suite upstairs, all accessible by elevator. Angled floor-to-ceiling windows seamlessly connect the indoors with the surrounding landscape, while the primary suite is positioned to capture views directly from bed and its private patio with saltwater hot tub. Located in an elevated setting steps from the KVR Trail, the home is walking distance to downtown Penticton’s restaurants, breweries, Okanagan Lake, marina, Farmer’s Market, and the SOEC. Because of this, Agave Homes has focused on the area with more than a dozen luxury homes completed and more planned. Designed for effortless indoor-outdoor living, the property features low-maintenance desert landscaping, a private courtyard entry, outdoor kitchens, fire pits, overhead heaters, Sonos sound system, and a saltwater fiberglass pool with automatic cover. Inside, the open-concept kitchen offers custom cabinetry, Taj Mahal quartzite surfaces, premium Miele and Wolf appliances, and a concealed walk-in pantry with secondary fridge. Limestone plaster walls, stone countertops, and a temperature-controlled wine cellar complete this exceptional Okanagan retreat. Purchase price exclusive of GST. All measurements approximate. (id:63159)

Values & Trends

This listing

$974/sqft

Building average

No other active listings in this building

Uplands/Redlands average

$1,026/sqft

17 active listing(s)

Parking: 4 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

3/9 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
Uplands ElementaryElementary408 m
ConnectEd - Alternative ProgramsSecondary891 m
Secondaire de PentictonSecondary1.0 km
Penticton SecondarySecondary1.0 km
Entre-lacsElementary/Middle1.3 km
Penticton Christian School(Independent)K-121.4 km
Queens Park ElementaryElementary1.6 km
Holy Cross School(Independent)Elementary/Middle1.7 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+)

  • The Bench Market495 m
  • Rusty's587 m
  • The Prague Café646 m
  • Cannery Brewing · 198 Ellis Street668 m
  • Tacos Del Norte771 m

Parks (5+)

  • Vancouver Avenue Park362 m
  • Unnamed440 m
  • Marina Way Park712 m
  • Ellis Park749 m
  • Unnamed771 m

Banks & ATMs (1)

  • Rocky Store - Bitcoin Well ATM · 430 Haven Hill Road352 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($850,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,400,000.00
Periodic payment — Principal & Interest (monthly)$21,935.65
Additional monthly expenses (strata, tax, utilities, etc.)$562.67
Total monthly cost$22,498.31
Interest paid over 5-yr term$974,449.77
Balance at end of term$3,058,311.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$850,000
Stress test qualifying rate8.09%
Payment you must qualify for$26,144.81

Cash Needed at Closing

Minimum down payment$850,000
Estimated BC PTT$130,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$982,000

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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