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.
Introducing a beautiful Lakeview Penthouse in Penticton that offers luxury living at its finest. Nestled in a prime southwest corner, this 3-bedroom, 2-bath unit spans 1648 sq ft and offers an open-concept layout designed for elegance and comfort. Enjoy stunning views of Skaha Lake and the mountains from an expansive 848 sqft wrap-around balcony, ideal for hosting gatherings or quiet evenings under the stars. The interior features high-end finishes including a large kitchen with granite countertops, complemented by top-tier Miele and Bosch appliances, and dramatic floor-to-ceiling windows that flood the space with natural light. The primary bedroom is a retreat unto itself, highlighted by vaulted ceilings, a walk-in closet, and a lovely spa-like en-suite bath featuring a Maax jet soaker tub, marble walls and flooring with glass tile inserts, all upgraded by Ron Gladish of Accent Design. Further upgrades include marble, engineered maple floors and travertine tile replacing the original carpets, a new granite fireplace surround, custom shelving, and an upgraded lighting system that adds ambiance and flair. Residents benefit from geothermal heating and cooling included in the strata fee, promising year-round comfort. Located just a short walk from Skaha Beach, parks, and local dining and shopping venues, this penthouse offers a lifestyle of unparalleled convenience and prestige. Experience Okanagan living in this beautifully upgraded residence at Alysen Place. (id:50889)
Resort style living across from Okanagan Lake! Lakeview Terrace has many included features such as an outdoor pool and gym which are both right outside you door. Very close to so many amenities like the marina, tennis courts, frisbee park, cafe, shopping, breweries, wineries, restaurants, walking/biking paths and our famous Saturday Downtown Farmer's Market. You'll be in the hub of it ALL! This 2 bedroom 2 bathroom 1255 sq ft condo is move-in ready and it has been freshly painted and has a new dishwasher. This open concept floorplan features a wall of windows to take in the beautiful views of the lake, park and mountains. It also comes complete with 2 allocated parking spaces, a storage locker and bike storage. The Okanagan lifestyle at its best! (id:50889)
Wow, beautifully updated condo, everything has been done, and it's ready for you to just make it your home! Lots of recent upgrades including - paint, flooring, all new appliances, including washer and dryer, new toilets, new blinds and shutters, new thermostat on fireplace and in 2020 the hot water tank and expansion tank were replaced. There are 2 sets of sliding glass doors leading to your large west facing balcony/sunroom that has full shutters! For those who need an office there is a good sized Den. And for your company there's an extra bedroom and extra bath. This lovely homed is on the 4th floor of the Wellington at Cherry Lane Towers which features a well run strata, has a huge social room with many activities, secure underground parking/storage and allows pets with restrictions, rentals and is a 55 plus community across from the shopping mall. Don't miss your opportunity to call this condo HOME! (id:50889)
Beautiful SE corner unit in the Athens Creek Towers! The bright, open concept living space is perfect for entertaining with an eat-in island opening into the living room complete with large windows to bring in lots of natural light and a cozy gas fireplace. The primary bedroom has plenty of space, a walk-in closet and 3-piece ensuite. There is a good-sized second bedroom and a 4-piece bathroom for guests as well. The patio off the main living space is perfect for enjoying the Okanagan summers! Come home to this well-kept condo that is central to shopping, parks and amenities! All measurements are approximate. (id:50889)
Spectacular lake views from this beautifully maintained and updated 3bd, 3ba home in Red Wing Resort, one of Penticton's finest gated communities. Enjoy the panoramic vistas as you lounge by the living room fireplace with a good book, or unwind after a long day on your newer front deck with glass railings, retractable power awning, and French door from the living room. The expanded back patio, also boasting a retractable awning, is surrounded with luscious landscaping and underground irrigation. Further updates include the kitchen with new cupboards, countertops, tile backsplash, & appliances, all 3 bathrooms, flooring, paint, newer roof, furnace, AC, hot water tank, and more! The primary bedroom has a large walk-in closet and 4pc ensuite. Main level living is no problem in this home, with a second bedroom and bathroom, and laundry all on this level. If you need more space for guests, the basement has loads of space, including a bedroom, full bathroom, media and rec rooms, and lots of storage. Enjoy this easy care property thanks to the gated community offerings that include lawn maintenance and access to the private sandy beach, clubhouse and RV Parking. Red Wing Resort, a 40+ community that allows small domestic pets and rentals with a 3-month minimum, is only a 2-minute drive to the Penticton Golf & Country Club. Lease prepaid to 2036, monthly HOA fees are $220. Contact us for more information & your private viewing today! (id:50889)
PRICED BELOW ASSESSMENT! NO AGE RESTRICTIONS and PET FRIENDLY! This 3 bed, 2 FULL bath doublewide located in Sun Leisure is walking distance to parks, beaches, and shopping. Upgrades include: new drywall, paint, bathtub in ensuite, kitchen appliances, and landscaping. Lots of natural light in the OPEN CONCEPT living/dining area that leads to the kitchen. There's a flex space that can be used as a formal dining space, office, or living room that leads off to the covered patio area. There's an appointed laundry space with its own exit to the outside that connects to the 4 pce bathroom. Main bedroom has its own PRIVATE 4 pce bathroom and ample closet space. Nicely landscaped in the front and back and DOUBLE carport. By appointment only. Measurements approx only - buyer to verify if important. (id:50889)
PERFECTLY LOCATED IN UPLANDS - Semi Custom spacious home located in one of the most favored neighborhoods in Penticton. Situated on top of the block with endless views from the back yard all the way to Peachland over Lake Okanagan. This contemporary home boasts 5 bedrooms and 4 bathrooms over 3 floors with a 4,104 SF floorplan, then formal dining room, sunken living room, family room eating area & kitchen on main overlooking back deck the 0.251 Acre lot to the fantastic view. Back yard suitable for swimming pools. 4 of the bdrms & laundry upstairs, makes this home ideal for families. Downstairs provides storage, a root cellar, media room, a study, and recreation room. This Home has everything. Hardwood floors, dura decking over back yard, balcony facing south for two of the bdrms. Location close to the popular downtown north end, transit routes, wineries walking trails & elementary school, hospital & commuter corridors out of the city. Get ready to enjoy your Penticton lifestyle. (id:50889)
This charming house has been lovingly upgraded to create a low-maintenance, cozy home. Conveniently located within walking distance to Okanagan beach, cafes, restaurants and breweries. The Downtown Farmers Market, SOEC and Community Centre are also mere steps away. This home has been taken down to the studs with upgrades like added insulation in the living room and ceiling (R40 blow-in), new drywall, modern vinyl windows and a three-split unit for heating and cooling. The custom Richie Homes built kitchen with elegant high-class features is sure to impress. New appliances, solid surface counters, wine fridge and built-in oven with counter cook top. The basement cold storage room has enough space for your outdoor toys and wine cellar. Outside you’ll find a large hot tub only two years old, a new modern patio paver style deck and a zero-scaped yard for easy maintenance and backyard lounging. Parking for multiple vehicles with alley access in the back. A newly upgraded 6-foot vinyl fence surrounds and secures the property. Book your showing today. (id:50889)
Skaha Waterfront project home 3 bed 3 bath 1676 sq ft home on a 2613.6 sf lot. Funky west coast contemporary 2 story with basement home will keep you intrigued. Original condition waiting for your ideas, open parking, seconds away from Penticton center, marina, highway 97, hospital, Walmart, wineries, beaches, airport the list goes on, super convenient location. (id:50889)
Tons of potential in this end unit townhome great for an investment or first time home Buyer, located close to the South Okanagan Events Centre, Casino, Community Center, schools and Okanagan lake . This ""NO STRATA FEE"" townhouse has 3 bedrooms on the lower floor, 1.5 bathrooms, this home boasts a nice sized kitchen, spacious living room, parking out front and extra parking off alley access at the back of this unit. Add a little bit of TLC and make this your perfect home. Vacant and easy to show. All measurements approximate. (id:50889)
PRIME LOCATION CORNER UNIT TOWNHOUSE – Welcome to your ideal home in Penticton, this impressive corner unit townhouse offers an exceptional living experience, 3 bedrooms, 3 bathrooms and many desirable features. Inside you will be greeted with a spacious interior, high ceilings, with plenty of natural light pouring in from the large windows. The large kitchen is completed with high quality maple cabinetry and enough countertop space for your most ambitious cooking adventures. Situated in a prime location, directly across the street from Princess Margret Secondary School and Skaha Middle school. Only walking distance to major shopping amenities, and for outdoor enthusiasts only a leisurely stroll to Skaha Lake Beach, the Marina, beach volleyball. Tennis and Pickleball right across the street from your door and world class vineyards only a short drive away! Outside, rare to find, is a private fenced yard perfect for pets! Further to the 2-car garage - an additional oversized parking space allows for accommodating extra vehicles, a boat or even an RV! This Townhome offers the best of the Okanagan lifestyle – book your showing today! (id:50889)
Experience the breathtaking panoramic views of Skaha Lake from every floor of the luxurious 4041 Lakeside Road property! This stunning home was completed in 2019 and features 30 feet of Skaha Lake waterfront, making it a perfect retreat just moments away from downtown Penticton. The main living area includes 2 bedrooms and 3 bathrooms, while the lower level offers a separately metered suite with a primary bedroom, a second bedroom, and two bathrooms. Imagine unwinding and watching the sunset from your private outdoor deck off the primary bedroom or while cooking dinner on the main level. A spacious dock is located below. The legal suite presents flexible options for guest accommodation, generating income, or a combination of both. GST is applicable. (id:50889)
