PENTICTON REAL ESTATE

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.

Aerial view of a small town on a lake surrounded by mountains.

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.

PENTICTON LISTINGS

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For sale Open House
$1,489,000
2631 FORSYTH Drive, penticton, British Columbia

2631 Forsyth Drive

Penticton, British Columbia

The original owner of this well loved and meticulously cared for home says it's time for its next family! With a well thought out functional floor plan, there's room for your growing family, aging parents and those visitors you know will come visit the Okanagan. 3 bedrooms, an office that could easily be a 4th, plus a 1 bedroom in-law suite gives you lots of options. Beautiful vaulted ceiling and gas fireplace in the living room welcomes family time. No more choosing who gets to park in the garage either. There is a triple attached plus a single detached garage around back. Toys? Trailers? RV's? Lots of room for those as well. Poly B and all skylights have been replaced. Front/south facing windows are new and Low E Coated - so go ahead and take in the view. Fresh paint inside and out. High efficiency furnace and HWT are approximately 5 years old. The list of regular maintenance and recent upgrades is long. Call LR for details. (id:50889)

5 Bedroom 4 Bathroom 3343 sqft

Royal LePage Locations West

For sale
$1,248,000
201 WYLIE Street Unit# 133, penticton, British Columbia

201 Wylie Street Unit# 133

Penticton, British Columbia

Introducing this stunning 4-bedroom, 4-bathroom townhome boasting an array of impressive high-end features to provide a luxurious living experience in a walk to the beach location. The attention to detail and use of premium materials contribute to the property's standout exterior. The ground level includes a double car garage, 2 entrances, bedroom, and welcoming front patio. The main floor's light filled open concept is truly captivating, with a built-in wet bar, large balcony with folding doors, floor-to-ceiling windows, modern fireplace and a gorgeous kitchen with gas stove and Bosch appliances. The third floor accommodates 3 bedrooms including the primary area featuring a private deck, walk-in closet with cabinetry and a retreat like 5pc ensuite with stunning custom shower and free-standing tub. The finishing touch is the 1000 sq ft rooftop patio with outdoor kitchen to enjoy the glorious Okanagan weather and great views. (id:50889)

4 Bedroom 4 Bathroom 2320 sqft

RE/MAX Penticton Realty

For sale
$535,000
528 WADE Avenue Unit# 201, penticton, British Columbia

528 Wade Avenue Unit# 201

Penticton, British Columbia

Discover Okanagan living in this upper unit half duplex, boasting over 1000 sqft of thoughtfully designed space. The well taken care of 2 Bedroom / 2 Bathroom unit is ideally situated near the South Okanagan Events Centre, Okanagan Lake, restaurants, transit, breweries, and shopping, this residence offers a perfect blend of comfort and convenience. Whether you're a sports enthusiast, culinary explorer, or simply seeking a vibrant lifestyle, this home caters to all. With easy access to public transit and a range of amenities, seize the opportunity to make this property your haven in the heart of the beautiful Okanagan Valley. Schedule a viewing today and embrace the unparalleled lifestyle this location has to offer. (id:50889)

2 Bedroom 2 Bathroom 1084 sqft

Exp Realty (Penticton)

For sale Open House
$799,900
1004 HOLDEN Road, penticton, British Columbia

1004 Holden Road

Penticton, British Columbia

Priced to sell! You will absolutely love this almost new home, across the street from a park and unobstructed views over the valley and mountains with no neighbours behind you. Spend your evenings on the spacious deck soaking in the sunsets and views in every direction, overlooking the low maintenance yard. This wonderful home provides a carefree lifestyle with quality finishing throughout and minimal yardwork. This fine home has a stunning open floorplan with coved ceilings creating a feeling of spaciousness, a fabulous kitchen with center island, quartz counter tops and gas range, a Master suite with walk in closet and ensuite bath, as well as laundry and a den on the main level. The lower level offers a living room with covered patio, two additional bedrooms, a rec room and full bath. The rear yard has a deck area as well as access to the garage with with additional off-street parking for your toys. This fabulous like new home will be a place you will love to call home for many years to come. (id:50889)

3 Bedroom 3 Bathroom 2098 sqft

Canada Flex Realty Group Ltd

For sale
$599,000
475 BALSAM Avenue, penticton, British Columbia

475 Balsam Avenue

Penticton, British Columbia

Lots of potential! Wiltse area - Large family home close to schools/daycare and spacious backyard. 3 bdrms up, 1 full bath, plus 2-3pce bathrooms. Large rec room, and extra rooms on entry level. Bring your decorating ideas and contractor as it needs renovating. 15 x 10 covered deck off the kitchen, nice mountain views and sits on a 60 x 110 sized lot. As is where is. (id:50889)

3 Bedroom 3 Bathroom 1363 sqft

Century 21 Amos Realty

For sale
$590,000
351 Warren Avenue W Unit# 32, penticton, British Columbia

351 Warren Avenue W Unit# 32

Penticton, British Columbia

Immerse yourself in the allure of this charming, perfectly designed two-bedroom, two-bathroom home in the 5-year old development - The Bow. This rancher, crafted with warmth, comfort, and timeless charm, is ideal for those seeking a cozy and low-maintenance living space. Upon entering, you'll be welcomed by a spacious and inviting atmosphere adorned with tasteful finishes and abundant natural light, creating a bright and open living space. The thoughtfully designed, open-concept layout seamlessly connects the living, dining, and kitchen areas. Both bedrooms are generously sized, providing ample space for relaxation. The primary bedroom includes a private ensuite and walk-in closet for added convenience. Outside, the rancher's charming exterior is complemented by a spacious covered deck, and a well-manicured fenced yard, perfect for sipping enjoying you morning coffee or tending to a small garden. Additionally, a finished single-car garage with storage space, and pet-friendly accommodations (subject to approval) make this property stand out. Situated in a desirable neighbourhood, this home offers convenient access to Cherry Lane Shopping Centre, including Save on Foods, The Bay, London Drugs and many more shopping options. There are no age restrictions, and short-term rentals are not allowed. The property comes with a substantial remaining lease of 142 years with monthly lease payments of $354.85, monthly HOA fees of $75 and is contingent upon approval of the lease assignment. (id:50889)

2 Bedroom 2 Bathroom 1280 sqft

Royal LePage Locations West

For sale
$999,900
300 RIVERSIDE Drive Unit# 112, penticton, British Columbia

300 Riverside Drive Unit# 112

Penticton, British Columbia

Welcome to COBS Bread Riverside Village, a fantastic family business located in the heart of Penticton! With a successful 14-year history in the community, this bakery offers a golden opportunity for aspiring entrepreneurs. Take advantage of this unique opportunity to own a flourishing business (asset sale only) with a strong customer base, located in a high foot traffic shopping village. As part of the renowned Cobs Bread franchise, you'll receive ongoing support and benefit from the flexibility to craft a delectable range of products. With fantastic staff and a recently renovated space, you'll hit the ground running. Don't miss out on becoming a part of Penticton's culinary landscape. Contact us now to seize this fantastic family business! Seller is a licensed real estate agent. Open to offers. (id:50889)

Exp Realty (Penticton)

For sale
$390,000
284 Yorkton Avenue Unit# 409, penticton, British Columbia

284 Yorkton Avenue Unit# 409

Penticton, British Columbia

A bright, comfortable and updated 2 bed, 2 bath corner unit condo just steps to Skaha Beach and parks. This secure, well-managed building offers this bright and clean space with updated flooring, cabinets and paint including a larger master bedroom with 4-piece ensuite, a second bedroom for guests or office space and open concept kitchen and dining. A south facing deck encompasses about 87 square feet of outdoor living and brings plenty of daylight indoors. A secure storage locker on the same floor adds plety of extra storage and is easily accessed. The building includes both a recreation and games room as well as an entertainment room that can be reserved for private events. A covered parking stall is adjacent to the main entrance and additional guest parking is offered. The property is steps to Skaha Beach Park offering swimming, tennis, beach volleyball as well as some of Penticton's newest dining attractions. All measurements are approximate. Call the listing agent for a private tour. (id:50889)

2 Bedroom 2 Bathroom 1044 sqft

Royal LePage Locations West

For sale
$210,000
1410 Penticton Avenue Unit# 111, penticton, British Columbia

1410 Penticton Avenue Unit# 111

Penticton, British Columbia

Welcome to Canyon Court. This quiet location is best known for its walking paths winding beside Penticton Creek, hill walking and dog park. This unit is on the ground level, no elevator needed and is 650 sq ft with 1 bedroom and 1 bathroom. Laminate floors throughout, building is well maintained by strata. 1 assigned parking stall and storage locker which are located at the back of the building. Laundry is also located in the building. Lots of visitor parking in front of the building. Public transportation is located right in front of the building. This unit is perfect for a first time home buyer or an investment property. No age restrictions, 1 pet and rentals are allowed. Call today. Seller works nightshift 24 hours notice please. Asking $240,000 (id:50889)

1 Bedroom 1 Bathroom 650 sqft

Royal LePage Locations West

For sale
$2,450,000
1112 Syer Road, penticton, British Columbia

1112 Syer Road

Penticton, British Columbia

Introducing the Syer Collection by Sendero Canyon! This iconic project is a collection of three luxury homes at the very top of Sendero Canyon. These homes will create an elevated Okanagan Living experience. 1112 Syer features 3 bedrooms, 5 bathrooms and an incredible outdoor living space. The total package is 3541 sq ft. The elegant finishing's inside and out will simply take your breath away. Soak in panoramic views of the city. This home features a huge open concept living and dining layout, three car garage, media room, hot tub and more! Can you find anything more perfect for entertaining on summer nights!? Take in the views from any room in the home! The home is situated perfectly on the lot for maximum privacy. Inquire today about how you can elevate your Okanagan lifestyle and why The Syer Collection is the place to be! Call or email the listing representative for the interior selections and floor plans! We can't wait to hear from YOU! (id:50889)

3 Bedroom 5 Bathroom 3541 sqft

RE/MAX Penticton Realty

For sale
$1,475,000
479 VANCOUVER Avenue Unit# 102, penticton, British Columbia

479 Vancouver Avenue Unit# 102

Penticton, British Columbia

A truly unique and special property located on Vancouver Hill, one of the most desirable locations in Penticton. Easily walk to the farmers market, KVR trail or the beach. You wont beat this spot for the ease and access to great, active living. This large duplex features the best of luxury living with a beautiful kitchen centered around a waterfall quartz island opening to a well appointed living space. A large primary bedroom on the top floor has an unrivaled north view over looking Okanagan Lake. Well built and packed with high end finishes, this a well thought out floor plan takes advantage of spacious rooms and lots of natural lights. Large decks on all three levels, gives you plenty of space to entertain or just relax. Boasting privacy and spectacular views not often found. A truly unique home and a must see. (id:50889)

4 Bedroom 4 Bathroom 2567 sqft

Royal LePage Parkside Rlty Sml

For sale
$765,000
217 ELM Avenue Unit# 301, penticton, British Columbia

217 Elm Avenue Unit# 301

Penticton, British Columbia

Everything is NEW Top Floor, no expenses spared on this premium Lake view/Park front condominium. Enjoy your morning wake up on one of two (South, West facing) private balconies, or relax in the evening, looking out over Skaha Lake and Park. This home features Engineered European Oak hardwood floors, heated bathroom floor, 3 zone climate control system, additional sound proofing, Maimi Vena Quartz Counters, High End kitchen and bathroom fixtures. Walk out the front door to the park you want to live by, steps from Skaha Lake and the parks many features. Tiled heated floors, 3 zone HVAC. sound proofing. Measurements Approximate (id:50889)

2 Bedroom 2 Bathroom 1119 sqft

Exp Realty (Kelowna)

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