Property Type: Condo / ApartmentOwnership: Strata

86 Lakeshore Drive Unit# 202

Penticton, BC V2A1B5

$659,000

2 bed2 bath1 parking1,200 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$569/mo
Annual property tax
$4,006.58

Interior

Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Carpeted, Vinyl

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, Valley view, View of water

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Not allowed

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

Room Dimensions

RoomLevelDimensions
Utility roomMain level5'8'' x 3'5''
Primary BedroomMain level16'9'' x 12'7''
Living roomMain level20'11'' x 13'10''
KitchenMain level11'0'' x 9'1''
4pc Ensuite bathMain level
Dining roomMain level11'4'' x 9'6''
BedroomMain level11'0'' x 10'5''
4pc BathroomMain level

Listing Information

MLS®
10397183
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Orchard Country · Data source: CREA DDF.

Description

Beautiful Lakeview Condo offering quality, convenience, and a great lifestyle situated across the street from Park & Okanagan Lake. Fresh, bright 2 bedrm & 2 bath spacious updated unit. Large master with walk in closet & new bathroom with walk in shower, access to the lakeview patio through the French door. 2nd bedroom/den with patio access. The kitchen has granite counters, great storage and SS appliances. Dining room, sitting space and living room with patio door to the lakeview deck. Secure building with UG parking. Large private Courtyard with greenspace to relax. Located in the heart of Penticton near the lake, markets, restaurants, recreation & more. This 55+ pet-free building includes one secured parking spot and a storage locker. 86 Lakeshore Drive is a boutique, 26-unit steel and concrete building in the heart of Penticton. Call today to view, all measurements taken from IGuide. (id:63159)

Values & Trends

This listing

$549/sqft

Building average

No other active listings in this building

Main North average

$529/sqft

46 active listing(s)

Parking: 1 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.

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
Queens Park ElementaryElementary1.0 km
ConnectEd - Alternative ProgramsSecondary1.1 km
Uplands ElementaryElementary1.2 km
Secondaire de PentictonSecondary1.2 km
Penticton SecondarySecondary1.2 km
Penticton Christian School(Independent)K-121.6 km
Holy Cross School(Independent)Elementary/Middle2.0 km
Entre-lacsElementary/Middle2.1 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+)

  • Stillfood Bistro & Cappuccino Bar · 75 Front Street146 m
  • Tacos Del Norte215 m
  • Cannery Brewing · 198 Ellis Street257 m
  • Hooded Merganser272 m
  • The Prague Café326 m

Cafes (5+)

  • Bellevue Cafe346 m
  • Blenz Coffee394 m
  • Wayne & Freda · 249 Westminster Avenue W400 m
  • Balance Vegetarian Shop and Tea Room454 m
  • Caffè d'Italia703 m

Parks (5+)

  • Veterans Memorial Park93 m
  • Okanangan Lake Park96 m
  • Ellis Park113 m
  • Unnamed139 m
  • Gyro Park182 m

Pharmacies (2)

  • Knights Pharmacy489 m
  • Remedy'sRx571 m

Banks & ATMs (5+)

  • Valley First Credit Union209 m
  • BMO258 m
  • Unnamed269 m
  • CIBC402 m
  • RBC420 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$527,200.00
Periodic payment — Principal & Interest (monthly)$3,401.32
Additional monthly expenses (strata, tax, utilities, etc.)$962.39
Total monthly cost$4,363.71
Interest paid over 5-yr term$151,097.04
Balance at end of term$474,218.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,752.97

Cash Needed at Closing

Minimum down payment$40,900
Estimated BC PTT$11,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,580

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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