Penticton is a vibrant town nestled in the heart of the Okanagan Valley. Known for its breathtaking natural beauty, endless outdoor activities, and renowned wineries, Penticton is a popular destination for tourists and residents alike. With its temperate climate and year-round recreational opportunities, it’s no wonder that Penticton has become one of the most desirable places to live in Canada.
But Penticton is more than just a beautiful place to visit. This charming town is a thriving community that offers a high quality of life and a welcoming atmosphere. From its friendly locals to its strong sense of community, Penticton has everything you could want in a home. And with its growing economy, it’s a smart investment for anyone looking to buy property in the Okanagan Valley.
Whether you’re an outdoor enthusiast or a lover of wine and culture, Penticton has something to offer everyone. With over 2,000 hours of sunshine each year, the town is a haven for hikers, bikers, and water sports enthusiasts. Its stunning beaches, including Okanagan Lake and Skaha Lake, are perfect for swimming, boating, and soaking up the sun. And when you’re not exploring the great outdoors, you can sample some of the best wine in Canada at one of Penticton’s many wineries.
Penticton isn’t just about outdoor activities and wine. The town is home to a thriving arts and culture scene, with numerous galleries, museums, and theatres showcasing local talent. Its bustling downtown area is filled with trendy cafes, unique shops, and world-class restaurants, making it the perfect place to spend an afternoon or evening.
For those looking to invest in real estate, Penticton offers a variety of options. From charming heritage homes to modern condos, the town has a wide range of properties to choose from. And with its growing economy and increasing population, real estate in Penticton is a smart investment that has the potential to appreciate in value over time.
Penticton is a unique and vibrant town that offers an exceptional quality of life. With its stunning natural beauty, endless recreational opportunities, and welcoming community, it’s no wonder that Penticton has become such a desirable place to live and invest in real estate.
LOCATION
The city is conveniently located just 5 hours from Vancouver, one of Canada’s largest cities, making it a great place to live for those who enjoy the tranquility of a small town but still want to be within reach of a major urban center. Additionally, the Kelowna International Airport is only 1.5 hours away, providing easy access to major transportation hubs across North America.
Penticton’s climate is one of the main reasons why it’s such a desirable place to live. With over 2,000 hours of sunshine annually, residents can enjoy warm, dry summers and mild winters. This climate is perfect for outdoor activities year-round, including hiking, biking, swimming, skiing, and snowboarding.
The town is surrounded by stunning natural landscapes, including vineyards and orchards, making it an ideal location for those who appreciate a rural lifestyle. The valley is also home to over 200 wineries, which produce some of Canada’s best wines. The region’s unique microclimate allows for the cultivation of a wide variety of fruits and vegetables, including cherries, peaches, apricots, and apples.
DEMOGRAPHICS
Penticton is a city known for its stunning natural beauty, thriving economy, and welcoming community. With a population of approximately 35,000 people, Penticton is a mid-sized city that offers the perfect blend of urban amenities and small-town charm.
The age range of the population in Penticton is diverse. The city has a significant number of retirees, but it also attracts young families and working professionals looking for a high quality of life. The cultural diversity of Penticton is continually expanding, with a significant percentage of the population being of European descent. The city also has a growing Indigenous population, which adds to the cultural richness of the community.
The local economy in Penticton is driven by a range of industries, including tourism, agriculture, and technology. The city is home to many thriving small businesses, as well as larger companies that provide employment opportunities for residents. The job market is strong, with a low unemployment rate and a variety of job openings in various industries. Penticton is also home to Okanagan College, which provides high-quality education and training programs to students.
Penticton’s economy is fueled by its natural surroundings, including its lakes, mountains, and vineyards. The city’s location in the Okanagan Valley provides access to a wide range of outdoor activities, such as skiing, hiking, and boating. Penticton’s warm climate and long growing season also make it an ideal location for agriculture. The region is known for its vineyards and wineries, which attract tourists from around the world.
Penticton is a dynamic city with a diverse population, strong economy, and breathtaking natural beauty. With its proximity to major cities and transportation hubs, Penticton is easily accessible from other parts of the province and beyond. The city’s thriving job market, excellent education system, and exceptional quality of life make it an attractive destination for individuals and families looking to live, work, and invest in real estate.
REAL ESTATE MARKET
As the demand for housing in Penticton continues to grow, developers are working hard to create more housing options for residents. There are several new developments in the area that offer a range of housing options, including townhouses, condos, and single-family homes.
One of the reasons for the growth in Penticton’s real estate market is the town’s growing economy. The region has a diverse economy that includes tourism, agriculture, and manufacturing. The wine industry is a major player in the region, and there are many wineries in the area that attract visitors from around the world.
LIFESTYLE
Penticton is a vibrant city with a rich culture and abundant recreational opportunities that attract people from all over the world. Whether you’re a nature lover, sports enthusiast, or art lover, there’s something for everyone in this city.
The area surrounding Penticton is a nature lover’s paradise, with breathtaking mountain ranges, pristine lakes, and scenic trails. The city is located at the southern end of Okanagan Lake, which is renowned for its crystal-clear waters and stunning scenery. Residents can enjoy a variety of water activities, including boating, fishing, and swimming.
In addition to its natural beauty, Penticton boasts a thriving arts and culture scene. The city is home to several galleries, museums, and theaters that showcase local talent and international artists. Every year, Penticton hosts a number of cultural events, such as the Okanagan Fall Wine Festival and the Peachfest, which celebrate the region’s heritage and agricultural traditions.
For those looking for a night out, Penticton has a variety of bars, restaurants, and clubs that offer live music, comedy, and dancing. There’s always something happening in the city, whether it’s a concert, festival, or community event.
One of the most unique attractions in Penticton is the SS Sicamous, a historic steamship that has been converted into a museum. The ship offers visitors a glimpse into the city’s rich history and the role that steamships played in the region’s development.
Penticton also has a number of parks and outdoor spaces that provide residents with ample opportunities for outdoor recreation. The city’s most popular park is the Penticton Rotary Park, which features a beach, playgrounds, picnic areas, and sports fields.
EDUCATION
Penticton has a great school system that is highly regarded by parents and educators alike. The city is home to several public and private schools that offer a diverse range of educational opportunities for students of all ages.
The public school system in Penticton is run by School District No. 67, which serves the surrounding area. There are several elementary schools in the district, including Parkway Elementary, Wiltse Elementary, and Queen’s Park Elementary. Middle and secondary schools in the area include Skaha Lake Middle School, Princess Margaret Secondary School, and Penticton Secondary School.
In addition to the public school system, Penticton also has several private schools that offer high-quality education. One of the most well-known private schools in the area is Penticton Christian School, which provides students with a strong Christian education.
Overall, the quality of education in Penticton is excellent, with a strong focus on academic achievement and student success. Students in the area consistently perform above average on standardized tests and are well-prepared for higher education and future career opportunities.
In addition to traditional academic programs, Penticton also offers a variety of alternative and specialty programs for students. These include French immersion programs, music programs, and special needs programs for students with disabilities.
Parents in Penticton have a lot of choices when it comes to selecting the right school for their children. Whether they prefer a public or private education, a traditional academic program or a specialized program, Penticton has something to offer every student.
Penticton’s school system is a strong and vital component of the city’s community. The city provides students with an excellent education that prepares them for future success, and parents can rest easy knowing that their children are receiving a high-quality education in a safe and nurturing environment.
Lakeview, Lakeshore, Lakeside. What more could you ask for in this Newly Renovated Rancher. With over $100,000.00 in Renovations, including high end appliances, gas cooktop and must have accessories with convenient Pot Filler. Snuggle up in front of the wood burning fireplace, while enjoying the lake, mountain, and city views that stretch as far as the eye can see. Just a 10 minute walk to the Farmers Market, Restaurants and the Vibrant Downton Penticton City Center. The Okanagan Lifestyle awaits you!! Come relax and enjoy! (id:50889)
Welcome to this 3 bdrm, 3 bath 1/2 duplex close to Pen Hi, recreation and downtown core. Location and floor plan makes this home ideal for families or for first time home buyers. Cozy gas fireplace in living room, dining room, newer flooring and paint, large master bedroom with full en-suite, open kitchen with eating nook, and back yard patio for summer barbecues are just a few of the features. Double parking in the back, crawl space for storage and low maintenance landscaping and water features in the front yard all add to the curb appeal. 2 walls ac units and free standing unit included. Very well maintained and No Strata Fees. Call for your viewing today. (id:50889)
Welcome to the hidden gem that is 795 Lower Debeck Rd in Naramata! Nestled among vines and wines, this cozy home will not only provide function, but it will tug at your heart strings. Walk to local wineries, pick up your favorite vintage and enjoy it while taking in the lake views from the deck, or under the vaulted ceiling living room snuggled up by the gas fireplace. Charming basement studio suite is perfect for guests any time of year. Detached garage has 100amp subpanel and water, making it a great studio or shop space. RV parking and sani dump on site. Fibre optics is run to the house if you're considering working remotely. This great package is a must see if you're looking to join in the Naramata lifestyle. (id:50889)
Pride of ownership prevails in this 2 bedroom 2 bath corner unit condo that includes 2 designated parking spaces! The primary bedroom has a large walk-thru closet, 3 piece en-suite and lots of windows for natural light. The kitchen is open to the living and dining room with glass sliding door access to the NE covered deck. This home is immaculate and ready to go! Cats allowed, $360 strata fees. (id:50889)
Lovely 2 Bedroom, 2 Bathroom plus Den corner unit in the Skaha Lake Towers. This is a steel & concrete building conveniently located just a few blocks away from Skaha Lake Beach & parks, restaurants and shopping near by. This unit has been extensively upgraded and has solid surface countertops, high-end appliances, no carpet, instant hot-water at the kitchen sink and a garburator. This corner unit has a bright and open floor plan from the kitchen through the living room and dining room. Call today to arrange a viewing. (id:50889)
Opportunity knocking! RM3 zoning. Bare land corner lot, house has been removed, building site ready to go. Corner lot is approx 55 feet frontage on Nanaimo Avenue plus 125 feet frontage on Brunswick Street, with lane access off Brunswick. Pancake flat lot on two quiet, no through roads, just a short walk to Lake Okanagan, Farmers' Market, all of downtown, several brew pubs, and walkable to South Okanagan Events Centre. Hospital is only a 5 minute drive away. All services and utilities are available at this downtown location. Development Variance Permit is in place, with side yard relaxations, valid until August 2024. Plans included for 4 three level townhomes with rooftop decks. It may be possible to add some lower suites if city relaxes further, the issue would mostly be parking. The city and the province want densification on new builds, our new reality in a housing crunch. This is a primo site in the heart of the action. Package available. (id:50889)
Discover your dream homesite at Lot 18, Dartmouth Drive, Penticton, featuring breathtaking panoramic views of Okanagan Lake. This premium lot, set amidst pristine surroundings, offers a splendid backdrop for your future home. Plus, the property is zoned to allow a secondary suite, enhancing its potential. This is just one of the several fantastic lots available, each offering a unique opportunity to build your dream home and immerse yourself in the Penticton lifestyle. Don't miss this chance for lakeside living with endless possibilities. Act now to secure your piece of paradise! (id:50889)
Introducing a Yaletown-inspired loft-style condo, ideally situated just a few steps away from the stunning Okanagan Lake. This sophisticated 2-bedroom, 2-bathroom condo offers a relaxing and contemporary living experience in the heart of paradise. The living area boasts high ceilings, a good size living area and a kitchen that allows you to be the chef and enjoy your company. But the true highlight of this remarkable condo lies in its outdoor spaces. With not one, but two expansive decks, you'll have ample room to bask in the sun, entertain guests, and savor those tranquil moments with a glass of your favorite wine. Beyond its stunning aesthetics, this condo offers the ultimate convenience. Located in close proximity to Okanagan Lake, you'll have easy access to a multitude of recreational activities, including swimming, boating, and lakeside strolls. Additionally, the vibrant dining, shopping, and entertainment options of the surrounding area ensure that you'll always have something exciting to explore. Existing tenant vacates May 31, 2024. Buy now and enjoy lakeside living this summer! Don't miss out on the opportunity to own this exquisite Yaletown-like loft condo near Okanagan Lake. (id:50889)
Amazing investment -- 1268 sqft ground floor unit presently used for retail with a negotiable lease in place. The lease is $15 / sq ft for a total of $19020.00 plus GST and triple net cost. This high profile, high traffic location storefront is in the 200 block of Main Street and right in the middle of the popular farmers market! The building is a 3 storey building built in 2008 and consists of 3 strata units. New heat pump in 2024 installed , an extremely well maintained unit Don't miss out! Call the Listing representative today for more details. (id:50889)
Bright first floor 1 bedroom condo in a great location and quiet building. updates include new flooring throughout the unit. New wall AC unit, hallway and dining room light fixtures updated to led. New shower surround and wiring update with copper pigtail. Across the street from tennis court and skating rink and baseball diamond. Close to hospital, shopping and public transit, Strata fees include all your utilities except cable and phone. quick possession available. Measurements are approximate. (id:50889)
Over 2000 square feet of living in this 3 bedroom 3 bath townhouse with 19 x12 garage! The main floor offers an open living, dining and kitchen floor plan with laundry and 2pc bathroom. Upstairs has a large master bedroom with walk-in closet and 4pc ensuite, spare bedroom and full bathroom. Downstairs has another large bedroom (or rec room), an office and additional storage. Only 6 units in this strata with $350 monthly fees. Pets upon strata approval. (id:50889)
INVESTOR'S ALERT or FIRST-TIME HOME BUYERS. NO strata fees for this upper-level half-duplex. This 3 bedroom 2 bathroom unit offers 1140 sq.ft of living space and a cozy eating area off the kitchen. Recent upgrades include new paint in and out, new windows, areas of new flooring, new blinds and insulation in the attic space. There are 2 designated parking stalls, a covered patio, and access to the newly fenced shared backyard. The home is situated within walking distance of the downtown, schools, shopping, hospital, and other amenities. Stop paying down someone else's mortgage and own your own home today! If you are an investor and want to own both units in this duplex, please check out MLS #10303405. (id:50889)
