Property Type: Detached HouseOwnership: Freehold

809 Main Street

Okanagan Falls, BC V0H1R4

$775,000

5 bed3 bath6 parking2,363 sqftBuilt 1963
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.19 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,410.57

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Heat Pump
Fireplace
Yes (2)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Stucco, Wood siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
BedroomMain level10'1'' x 11'1''
StorageBasement17' x 13'
StorageBasement13'1'' x 9'3''
Recreation roomBasement18'1'' x 13'9''
Laundry roomBasement12'2'' x 12'7''
KitchenBasement10'2'' x 7'7''
BedroomBasement7'10'' x 9'11''
BedroomBasement9'9'' x 12'11''
Full bathroomBasement
Primary BedroomMain level11'4'' x 11'1''
Living roomMain level20'1'' x 13'5''
KitchenMain level13'10'' x 13'3''
Dining roomMain level9'6'' x 9'11''
BedroomMain level10'1'' x 11'1''
Full bathroomMain level
Full bathroomMain level

Listing Information

MLS®
10387008
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 28, 2026

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

Description

Investor alert in the heart of Okanagan Falls! Just 1.5 blocks to Skaha Lake and its beautiful beaches, this well-maintained 2340 sqft home with a suite offers excellent revenue potential and lifestyle appeal. The upper level features 1230 sqft with 3 bedrooms, 2 bathrooms, its own laundry, and a bright, functional layout, plus additional storage downstairs. The lower 1110sqft level includes an approximately 850 sqft 2-bedroom suite with separate entrance and its own laundry—perfect for mortgage helper or full rental income. Extensively renovated in 2021, the home showcases durable vinyl plank flooring and modern updates throughout. Comfort is covered with a ductless heat pump providing efficient heating and cooling upstairs, while the lower level is serviced by electric baseboards. The property is currently generating $4,050/month in rental income, with an estimated net income of approximately $23,000 annually after expenses. Outside, enjoy a private yard complete with a hot tub, cherry tree, and included lawn tractor. Additional highlights include 200 amp service and a prime walkable location close to amenities, parks, and the lake. A solid investment or ideal opportunity for multi-generational living in a sought-after South Okanagan community! (id:63159)

Values & Trends

This listing

$328/sqft

Building average

No other active listings in this building

Okanagan Falls average

$535/sqft

34 active listing(s)

Parking: 6 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

Nearest station: Penticton

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

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
Okanagan Falls ElementaryElementary501 m
Kaleden ElementaryElementary5.0 km
Princess Margaret SecondarySecondary13.0 km
Wiltse ElementaryElementary13.9 km
Holy Cross School(Independent)Elementary/Middle15.6 km
Columbia ElementaryElementary15.6 km
Penticton Christian School(Independent)K-1216.0 km
Entre-lacsElementary/Middle16.2 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.

Nearby Places

Cafes (1)

  • Rise and Shine Coffee House70 m

Parks (4)

  • Christie Memorial Park326 m
  • Kenyon Park390 m
  • Centennial Park394 m
  • Lions Park583 m

Shopping (1)

  • Unnamed · 5350 9th Avenue435 m

Pharmacies (1)

  • Pharmasave269 m

Banks & ATMs (1)

  • Interior Savings & Credit Union · 4929 9th Avenue113 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($52,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$620,000.00
Periodic payment — Principal & Interest (monthly)$4,000.03
Additional monthly expenses (strata, tax, utilities, etc.)$318.88
Total monthly cost$4,318.91
Interest paid over 5-yr term$177,693.78
Balance at end of term$557,692.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$52,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,555.77

Cash Needed at Closing

Minimum down payment$52,500
Estimated BC PTT$13,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$67,500

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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