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
$749,000
784 ARGYLE Street Unit# 102, penticton, British Columbia

784 Argyle Street Unit# 102

Penticton, British Columbia

Welcome to the 1st phase of Argyle by Basran Properties development that offers a splendid blend of modern living and farmhouse-inspired exteriors. These 3-bed 3-bath townhouses feature high-end finishes and a meticulously planned design in close proximity to downtown amenities, including Restaurants, Pubs, Casino, SOEC, Library, and schools. On the ground level, you'll find a convenient 2 car parking in a garage and a carport. Step into a spacious foyer that warmly welcomes your guests. The main level boasts an expansive open-concept kitchen with 9-foot ceilings and a patio, 2-piece bath and high end appliances. As you ascend to the third floor, you'll discover 3 well-appointed bedrooms and 2 bathrooms and laundry. Your future home at Argyle by Basran Properties is ready and waiting for your personal touch! Completion is expected in Summer of 2024. GST is not included. Call LR for info package. (id:50889)

3 Bedroom 3 Bathroom 1458 sqft

RE/MAX Penticton Realty
Homelife Benchmark Titus Realty

For sale
$1,690,000
360 Sudbury Avenue, penticton, British Columbia

360 Sudbury Avenue

Penticton, British Columbia

This is your family’s opportunity to own a Skaha Lake legacy waterfront home. Boasting 40 feet of stunning lakefront, this 4 bed, 2 bathroom classic bungalow with over 1400 sq ft of well appointed living space is perched right on the beautiful sands of Skaha Lake. If privacy, swimming, paddle boarding, kite surfing, boating, entertaining friends or family, or just relaxing in the sand by the lake is your thing, this is the property for you. The home has a spacious kitchen, dining room, living room and sun room that boasts amazing south views over Skaha Lake. The property is perfectly located a very short stroll to Skaha Lake Park, with its kids playground, water park, boat launch, tennis courts, beach volleyball, public beaches & a fantastic restaurant. Features include a two car garage, air conditioning, newer appliances and RV parking. Only a 5 minute drive to the airport. This is a unique special property that must be viewed!! (id:50889)

4 Bedroom 2 Bathroom 1416 sqft

Royal LePage Locations West

For sale
$779,000
784 ARGYLE Street Unit# 101, penticton, British Columbia

784 Argyle Street Unit# 101

Penticton, British Columbia

Welcome to the 1st phase of Argyle by Basran Properties development that offers a splendid blend of modern living and farmhouse-inspired exteriors. These 3-bed 3-bath townhouses feature high-end finishes and a meticulously planned design in close proximity to downtown amenities, including Restaurants, Pubs, Casino, SOEC, Library, and schools. On the ground level, you'll find a convenient 2 car parking in a garage and a carport. Step into a spacious foyer that warmly welcomes your guests. The main level boasts an expansive open-concept kitchen with 9-foot ceilings and a patio, 2-piece bath and high end appliances. As you ascend to the third floor, you'll discover 3 well-appointed bedrooms and 2 bathrooms and laundry. Your future home at Argyle by Basran Properties is ready and waiting for your personal touch! Completion is expected in Summer of 2024. GST is not included. Call LR for info package. (id:50889)

3 Bedroom 3 Bathroom 1458 sqft

RE/MAX Penticton Realty
Homelife Benchmark Titus Realty

For sale
$349,000
3322 South Main Street Unit# 4, penticton, British Columbia

3322 South Main Street Unit# 4

Penticton, British Columbia

Located in a quiet neighborhood near Skaha Lake this SPACIOUS 2-bedroom, 2-bathroom condo offers an abundance of NATURAL LIGHT through HUGE EAST and SOUTH FACING WINDOWS. OPEN CONCEPT floor plan. SPACIOUS EAT IN KITCHEN offers stainless steel appliances including a NEW STOVE, with plenty of cupboards and counter space. Primary bedroom offers room for a KING bed, a 3-piece ensuite and large closet. OVERSIZED LAUNDRY/UTILITY room providing space for extra storage. Recent updates include easy to maintain laminate flooring, a new toilet and 2-year new Bosch dishwasher. All this with a SOUTH FACING DECK. AFFORDABLE STRATA FEES of $275/month with pets acceptable, upon approval. (id:50889)

2 Bedroom 2 Bathroom 1148 sqft

Chamberlain Property Group

For sale
$1,318,000
138 RIDGE Close, penticton, British Columbia

138 Ridge Close

Penticton, British Columbia

Executive home located in Skaha Hills. This two-level walk out rancher has sweeping lake & mountain views. The main floor master bedroom includes a walk-in closet plus an en suite bathroom with a luxurious shower & double sinks. The gourmet kitchen features high end appliances including a 4-burner Wolf gas range. The lower level is the ideal space for your children and/or guests, complete with 3 bedrooms, a recreation area, games area, storage and another full bathroom. Beautifully landscaped front yard w/ built-in irrigation system. Improvement package includes living room gas fireplace, MCA66 Audio kit w/ 6 speaker zones, basement developed w/ 3 bdrms, upgraded stone work and cabinetry, upgraded glass garage door, a $10,000 staircase added to the deck (exterior) and premium lift/slide patio door. There is also a clubhouse with a gym, entertainment area, pool, hot tub & Pickleball courts. (id:50889)

4 Bedroom 3 Bathroom 2398 sqft

Royal LePage Desert Oasis Rlty

For sale
$399,999
2265 Atkinson Street SW Unit# 405, penticton, British Columbia

2265 Atkinson Street Sw Unit# 405

Penticton, British Columbia

AVAILABLE FOR IMMEDIATE OCCUPANCY. FOURTH floor SW unit in MAYFAIR Towers! This condo has a fantastic floor plan with 2 bedrooms, 2 bathrooms and 1088sqft. The open design has access to the patio and incredible mountain views. The spacious primary bedroom features two closets and an ensuite bathroom with a bathtub and shower. The carpets and the faucets were replaced four years ago. The combo hot water tank/ AC unit, the washer and dryer were all replaced three and half years ago. There is a good sized guest bedroom and a full guest bathroom. You will enjoy a covered South West facing deck and a quiet steel and concrete building. The unit comes with a storage locker and an underground parking space. Located just a walk across the street to shopping at Cherry Lane Mall! All measurements are approximate. (id:50889)

2 Bedroom 2 Bathroom 1088 sqft

Engel & Volkers South Okanagan

For sale
$1,350,000
201 Wylie Street Unit# 110, penticton, British Columbia

201 Wylie Street Unit# 110

Penticton, British Columbia

Welcome to Riverside, luxury townhouse living located in Penticton’s vibrant north end. This is the ultimate in low maintenance living. Built in 2021 this end unit modern townhouse offers beautiful contemporary finishes. In addition to the two balconies a huge rooftop patio provides fantastic outdoor space. Access is made easy throughout this home by way of an elevator. Ideal positioning within the complex makes for lovely sightlines of the park along the Penticton channel. Okanagan Lake is just a short stroll from your doorstep, as is shopping, Penticton golf course and even downtown. This particular unit benefits from having two primary bedrooms, each complete with impressive ensuites. The double garage is complimented with EV plugs and a driveway. The kitchen hosts high end appliances, and the open concept main floor features accordion glass doors to the balcony and floor to ceiling windows. There is too much here to list, this is an absolute must see. Call today. (id:50889)

3 Bedroom 4 Bathroom 2113 sqft

Royal LePage Locations West

For sale
$474,900
1458 PENTICTON Avenue Unit# 137, penticton, British Columbia

1458 Penticton Avenue Unit# 137

Penticton, British Columbia

Quick possession possible with this affordable family townhouse. The main level offers a large kitchen, a spacious dining area that opens to a private back deck and french doors that open into the living room with a cozy gas fireplace. There are three bedrooms on the top level and one and half baths making this unit a practical family layout with great square footage. The downstairs flex space could be used for an office, tv room or kids play area. This family oriented complex is ideally located on a quiet, no through road with transit available only steps away. Additional features that set this unit apart are a private, attached garage, a newer fridge and stove, and a fenced yard. No age restriction, pets allowed with some restrictions. Seller is ready to move so call to book your private viewing today. (id:50889)

3 Bedroom 2 Bathroom 1475 sqft

Royal LePage Locations West

For sale
$599,000
2255 Atkinson Street Unit# 707, penticton, British Columbia

2255 Atkinson Street Unit# 707

Penticton, British Columbia

Welcome to this unique beautiful corner suite in the popular Cherry Lane Towers! Situated on the 7th floor North West corner of the Kensington building, this lovely 1357sqft suite offers beautiful lake and city views with total privacy. There is a spacious open living and dining room with patio doors out onto the West facing of the two decks; complete with a gas fireplace, tons of windows for natural light, peaceful views, and roll down shutters on the deck. The large white kitchen has laminate floors, extra cupboards added, lots of counter space, a double door fridge and glass top stove, and a window above the sink to enjoy the endless valley views. There is a large second bedroom and three piece bathroom with large walk-in shower for guests, and then the well appointed primary suite with its three piece en suite, walk in closet, and private north facing deck overlooking the trees and city. The unit is topped off with a large laundry room, lots of storage, separate storage locker, a parking space in the secure underground parkade, and efficient central heating and air conditioning. This concrete and steel complex is well run and quiet, for ages 55+, and has a huge rec room for all to enjoy and be social. The location across the street from the conveniences of Cherry Lane Mall means you don’t have to drive if you don’t want too and there’s lots of parks and flat areas to walk in the area also. Come see why this complex has always been a favourite in town. (id:50889)

2 Bedroom 2 Bathroom 1357 sqft

RE/MAX Penticton Realty

For sale
$1,649,000
1134 ELK Street, penticton, British Columbia

1134 Elk Street

Penticton, British Columbia

Some photos have been staged. (id:50889)

4 Bedroom 4 Bathroom 3662 sqft

RE/MAX Wine Capital Realty

For sale
$299,000
965 King Street Unit# 207, penticton, British Columbia

965 King Street Unit# 207

Penticton, British Columbia

Fantastic location for this 1213 sq/ft east facing two bedroom and two bathroom condo with easy access to public transit. Great layout featuring spacious kitchen with adjacent dining and large living area, beautiful primary bedroom, walk-thru closets and four piece ensuite, guest bedroom, three piece main bathroom, and separate laundry room. Ground level secure parking and additional storage locker, 55+, no pets, and rentals allowed. Currently tenanted, month to month, $1863/month plus utilities, 24 hours notice required. Great building in an awesome location close to IGA and the Penticton Regional Hospital. Call the Listing Representative for details. (id:50889)

2 Bedroom 2 Bathroom 1213 sqft

RE/MAX Penticton Realty

For sale
$550,000
102 COSSAR Avenue Unit# 102, penticton, British Columbia

102 Cossar Avenue Unit# 102

Penticton, British Columbia

OPEN HOUSE MAY 18th 1:00pm - 3:00pm!!! Built in late 2018, located close to schools, stripmalls, and parks there is a home awaiting it's new family. Whether you are buying your first home or downsizing this place offers everything you need while minimizing the work needed to maintain the place so you may enjoy your time freely! Out front you will have a lovely morning shaded garden and a porch to greet your friendly neighbor's while you sip your morning coffee. Inside you will have a wonderfully appointed kitchen and living room half bathroom while also having a back exit with parking and storage, but you could take the shed out and use the pergola already installed to create your own patio space to relax and enjoy the morning sun. Upstairs you will find a 4 piece bathroom, 2 regulars sized bedroom and a primary giving options for guest rooms, kids room or an office space, you decide. Low strata fees of $90 a month and a 4 foot crawl space for storage (id:50889)

3 Bedroom 2 Bathroom 1148 sqft

Exp Realty (Penticton)

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