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.
OPEN HOUSE. Saturday, May 4. 12pm - 1pm. Priced to sell!!! Welcome to Skaha Village! This beautiful, well maintained and updated west facing home is waiting for you! Enjoy the mountain view from the bedroom and backyard. This 3 bedroom, 2 bath townhome is ideal for a young family, retired couple or investor. Lots of updates throughout! You have to come see it to appreciate it. No age restrictions! Pet friendly and long term rentals allowed. Enjoy the outdoor swimming pool in the summer along with the cascading garden with luscious trees. Radiant heat, hot water, snow removal along with maintenance and upkeep of the grounds included. Great location, near Skaha beach and amenities! (id:50889)
Here's your chance to own a successful Pool Hall and Restaurant in the heart of downtown Penticton! This well established business is a hotspot for both locals and visitors offering a fantastic opportunity for a new owner to step in and continue its legacy. Includes 2 liquor licenses, catering license. Brand new kitchen, and interior has been nicely updated. Outside has a great patio area. Upstairs has about 3000 sq. ft of usable space. The lease is affordable and currently in place until 2025 with extension options. This is an absolutely turnkey operation with all the equipment and inventory included. (id:50889)
Beautiful 3 bedroom, 2 bathroom half duplex in a prime location. Bright and spacious home with an open concept design. Both bathrooms have been newly renovated as well as the downstairs recreation room. Outside you will find a large, fenced yard with plenty of room to play and a gazebo perfect for propane campfires with the family. Lots of room for parking out front with additional space for toys in the back. All measurements approximate. (id:50889)
Perched on 2.89 acres, this distinctive Pan-Abode home offers breathtaking vistas of Okanagan Lake, sprawling vineyards, and majestic mountains. Featuring 3 bedrooms plus an office and 2 bathrooms, this residence exudes a rustic charm, complemented by over $170K of upgrades. With over 1270 sq. ft. of finished living space, there's ample room for relaxation and gatherings. Moreover, the partially finished lower-level presents expansion opportunities, accommodating various living arrangements and the potential for an in-law suite. Surrounded by a rural ambiance featuring rugged rocks, natural vegetation, a meandering creek, and meadows, this private oasis sits on Naramata Road within Penticton City limits. Its convenient location ensures easy access to downtown amenities, while being enveloped by renowned wineries. Furthermore, the historic Kettle Valley Railway Trail runs behind the property, inviting residents to explore its scenic beauty on foot or by bike. Embrace the essence of countryside living with this remarkable property. All measurements are approximate and should be verified by the Buyer if deemed important. (id:50889)
Wow! 100 feet of flat beach on Skaha Lake, with a dock registered with BC Assessment Authority in 2014. Enormous sloping and landscaped .4 of an acre, slightly irregular shape approx 100 feet x 170 feet. 4250 square foot house built in 1969 with several major updates plus an addition in 2009. 4 bedrooms and 6 bathrooms in total. Formal living room with vaulted ceiling and a massive stone fireplace, plus incredible views. Big oak kitchen with lots of counter space. Principal bedroom on its own level boasts cherrywood floors, 5 piece ensuite, and sliders out to its own private view deck. Better budget time for morning coffee, afternoon tea, and evening cocktails! Summer kitchen on the lower level, with 2 beds and 2 baths plus a hot tub under a covered deck. Handy outbuildings for toys and garden equipment. Double oversize garage and tons of open parking with room for RV. Across from Finnerty Road, within city limits. Priced sharp, quick closing available, get ready for summer on the lake! (id:50889)
Located in the upper Wiltse area, Panorama View Estates boasts panoramic views of Okanagan and Skaha lakes. This lot is close to Wiltse elementary school and just a 5 minute drive to Cherry Lane Mall and all amenities. There are great walking and hiking trails in the area. This lot is set up for a rancher with a walk out basement and has room for a pool. The lot is 6812 sqft -- 54 ft wide and 137ft deep. The lot has a foundation in place for a home and all plans are available. The home that was planed was 1442 s ft on the main floor and 1118 sq ft in the walk out basement and had room for a pool. You can bring your own builder your own home plans and start your dream home today. There is building scheme in place. Call today for more details. (id:50889)
Located in the upper Wiltse area, Panorama View Estates boasts panoramic views of Okanagan and Skaha lakes. This lot is close to Wiltse elementary school and just a 5 minute drive to Cherry Lane Mall and all amenities. There are great walking and hiking trails in the area. This lot is set up for a rancher with a walk out basement. The lot is 8840 sqft with a with of 88 ft and a depth of 102. You can bring your own builder your own home plans and start your dream home today. Building scheme in place. Call today for more details. (id:50889)
Located in the upper Wiltse area, Panorama View Estates boasts panoramic views of Okanagan and Skaha lakes. This lot is close to Wiltse elementary school and just a 5 minute drive to Cherry Lane Mall and all amenities. There are great walking and hiking trails in the area. The lot is set up for a rancher with a walk out basement is 7,044 sqft -- 54 ft wide and 117 ft deep. You can bring your own builder, your own home plans and start your dream home today. There is building scheme in place. Call today for more details (id:50889)
Located in the upper Wiltse area, Panorama View Estates boasts panoramic views of Okanagan and Skaha lakes. This lot is close to Wiltse elementary school and just a 5 minute drive to Cherry Lane Mall and all amenities. There are great walking and hiking trails in the area. This lot is set up for a rancher with a walk out basement. The lot is 7163 sqft -- 60 ft wide and 123 ft deep. The lot has a foundation in place for a home and all plans are available. The home that was planed was a 2700 sq ft home on two levels. You can bring your own builder your own home plans and start your dream home today. There is a building scheme in place. call today for more details (id:50889)
Location! Location! Location! Incredible potential in this absolute gem of a development property that is approved for a six-story luxury residential building. The current owners have done all the legwork for this project, concept drawings available. Large flat lot located on Churchill Avenue and only 150 steps/ 2-minute walk from Okanagan Beach and walking distance to restaurants, Convention Centre, South OK Events Centre, Gateway Casino and more. Value is in the land and the fantastic Tenant will stay at $2200 per month till you are ready to build. Call today for a viewing. (id:50889)
NO AGE RESTRICTIONS and PET FRIENDLY! 4 bedroom, 3 bath townhome located in a family oriented complex, Cascade Gardens, is ideal for investors, downsizers, or first time home buyers. Main floor offers an OPEN CONCEPT kitchen/dining/living experience with access to the balcony in the back. Equipped with STAINLESS STEEL appliances in the kitchen, newer flooring, and a 2 pce common bathroom to complete this floor. Upstairs there's a main bedroom with its own PRIVATE 2 pce ensuite. Additionally 2 more bedrooms and a common 4 pce bathroom. Downstairs and additional 4th bedroom and laundry area. There is a great rec room/storage space with 397 sqft unfinished that if finished would make this townhome 1678 SQFT! There's 2 assigned stalls for parking. Long term rentals okay. Pets okay with restrictions. By appointment only. Measurements are approximate only - buyer to verify if important. (id:50889)
This bright and beautiful 2-bedroom, 2-bathroom corner unit is conveniently located steps from Cherry Lane Shopping Center. With large, south facing windows and two decks just off the open concept main living area, you can enjoy the sun or the shade for morning coffee or afternoon tea. This well-appointed and practical unit is spotless and move in ready with new paint, new floors, and a new dishwasher. Easily accessible for scooters or walkers on the ground floor with hands free door assist in the lobby or to take Rover for a morning walk. Cherry Lane Towers has a host of amenities, an active social agenda and a well-run strata. This complex is oriented to seniors with a 55+ age restriction, does allow one small dog or a cat, and long term rentals. This property comes with 1 secure underground parking stall and 1 storage locker. Check out the virtual tour online and call to book your private viewing today. (id:50889)
Welcome to a nature lover's paradise! This exceptional 160-acre lot offers a perfect blend of treed land and rolling hills, set against the backdrop of stunning mountain ranges. Divided by a scenic road and blessed with a serene creek running through it, this property is a rare find. Located in the picturesque Okanagan region, known for its wineries and pristine fresh-water lakes, this lot is a gem waiting to be discovered. Approved for subdivision, it boasts 11 incredible view lots ranging from 10 to 15 acres each, providing endless possibilities for building your dream home or investment opportunities. Don't miss out on the chance to own a piece of this idyllic landscape and create memories that will last a lifetime. (id:50889)
This northeast top floor corner unit has been beautifully updated. Items redone recently are flooring, lights, hot water tank, air conditioning units, toilets, sink, and paint throughout. With nearly 1400 square feet and a 200 sq ft enclosed deck, it is spacious! Features include 2 bedrooms, 2 full bathrooms, huge primary bedroom, tinted windows, new stacked washer and dryer. Priced to sell. Book your private viewing before it’s gone. This complex is 55+ and does not allow pets. (id:50889)
Welcome to Skaha One! This lovely 2 bedroom, 2 bath home has recently had new high-end laminate flooring installed throughout the living room, dining room, hallways, and bedrooms. This beautifully maintained building is only steps from arguably one of the best beaches in the South Okanagan, Skaha Lake! The building welcomes all ages, and long-term rentals, and is pet-friendly (cats only). Along with your own private deck, every level has a common partially-covered deck. What a great spot to host a little get-together with friends and family! Furniture could be negotiable. Call the listing agent today for further details. (id:50889)
Open House!! May 5. 11-2PM. Come join us for Burgers and Hotdogs! This is it! The perfect place to live the Okanagan lakefront lifestyle. This waterfront property with 50 ft of sandy beach boasts some of the best views of beautiful Skaha Lake and the surrounding hillside. The walk-in main level has a gourmet kitchen with open concept living space and wall to wall floor to ceiling windows that allow you to take in the breathtaking views from almost every room! Off the living room is a huge balcony to enjoy sunsets with a good book and a glass of wine. The second level is the perfect mortgage helper. With 2 beds and 2 baths. It sleeps 7 in its current setup, and has the same spectacular views that you will be enjoying in your private unit. Your guests will rave at how beautiful the property is and how much they are looking forward to their next visit! The lake front has an outdoor kitchen with a grassy garden area for the kids. There are lots of seating areas...under the willow tree for some shade or on the dock to watch nature swim by or simply relax around the fire table with friends. The private sandy beach is perfect for launching your paddle boards, kayaks or enjoying a swim. The professionally built dock complete with powered boat lift and a powered seedoo lift make lake life even more perfect. So many other features including SOLAR PANELS, remote control blinds, electric fireplace. Don't wait, this highly desirable property won’t last long. Call now for a viewing! (id:50889)
Allow me to introduce you to this fantastic rancher. This home offers over 2,000 sq. ft. of living area. Built in 1970 this home has seen many high-quality improvements as well has been meticulously maintained. If you have parents that require care in your home there is that option with a separate In-Law suite on the main floor, or if you require additional income the suite could be a mortgage helper or keep it for guests, or perhaps you simply want the entire home for yourself, decisions, decisions but nice to have so many options. There is also a separate suited building at the back of the property with an excellent tenant. Situated in one of the most desirable neighborhoods in Penticton, why do I say this? Because the residential land sizes in this area are massive .289 of an acre meaning 12,588.84 sq. ft. They just do not build new homes any longer on such generous sized lots. So, let’s just say you won’t have any issues with putting in a pool. In addition to the size the home is a corner lot which means even more upside. Life is about trying to have no regrets so don’t hesitate to call for a viewing of this one-of-a-kind home after checking out the floor plans provided. (id:50889)
Discover timeless charm coupled with modern comfort in this well-maintained older home, nestled in a neighborhood where similar properties have been successfully developed. This versatile gem boasts a spacious yard primed for expansion—ideal for adding a garage, carriage home, or pursuing future development projects with its two frontages. Fully fenced and thoughtfully updated, this property offers a haven of privacy and potential, making it an excellent investment opportunity. Its superb location is close to all amenities, enhancing its desirability. Priced to sell, this cherished piece of history offers both immediate enjoyment and promising investment potential. Seize this unique opportunity to own and possibly expand in a thriving community. (id:50889)
2 bed 2 bath rancher walking distance to schools, Walmart & Cherry Lane Mall! Great rental investment property or first time home buyers looking for a single family home with no strata fees! Great layout in this bright and open rancher. Walk into your living dining room to the kitchen with all white appliances and a breakfast nook. Leads to your fenced backyard with storage shed for extra storage, covered patio with lots of lawn space for the kids of pets to play. 0.12 acre lot, attached double garage, located in the South end of Penticton with Skaha Beach & Park are only a 2 minute drive away. Don’t miss out on this home, contact the listing agent to schedule your showing today! (id:50889)
Just a stroll to Skaha Beach and Parks, restaurants, new coffee shops and all your shopping needs! Penticton's revitalized south end offers a completely renovated 1334 sq foot, 3 bedroom 2 bath corner unit Townhome. Boasting new flooring, Stainless steel appliances, light fixtures, plumbing completely done, and fresh paint throughout. Oversized living and dining areas leads to a private fenced BBQ and entertainment area with additional self contained storage space. Upper level has fresh newer carpeted area and contains all 3 bedrooms and full bathroom perfect for family or guests. These units have a very desired floor plan and works super well for all types of buyers. Carport parking and additional space for extra vehicle, concrete crawl area for way more storage. Well run private strata with no age or long term rental restrictions and 1 Cat welcome. Call LS for more info. All measurements are approx. (id:50889)
Welcome to my newest listing. This ideal top-floor lakeside condo is located at 302 - 277 Yorkton Ave, in Penticton's charming Skaha One condo complex built in 2006. Take a quick stroll to nearby Skaha Lake and Skaha Lake Park, which offers many recreational opportunities, including boating, swimming, several playgrounds for the kids, and white sandy beaches right at your doorstep. The thoughtfully designed interior offers two spacious bedrooms, two bathrooms, and a walk-in closet for ample storage. Cozy up by the gas fireplace on chilly evenings, complemented by modern Corian countertops and a spacious island for entertaining or easy meal-prepping. All new stainless steel appliances have transferable warranties. Secure underground parking ensures peace of mind. Step onto the patio, complete with a natural gas hookup for BBQs and electric pull-down roll-down screens, creating an inviting outdoor space. The property also features a full 4-piece bath, a separate shower tub, and one sink in the ensuite. Practical amenities include a new hot water tank, stackable washer and dryer, large pantry, and freezer. With a natural gas hookup (gas paid by you) and water included in the strata, this condo promises a seamless blend of comfort and practicality, making it the perfect home for those seeking a friendly and relaxed living experience. Don't miss the chance to call this inviting condo yours! (id:50889)
Welcome to Royal Court. Located in a quiet area, this 4 bedroom 3 1/2 bathroom townhouse will not disappoint. The bright 3 level home has North/South exposure to enjoy your morning coffee on the deck. Entry level has access to a single car garage, 1 bedroom, 3 piece bathroom and small rec room, great as a guest room. Main floor has a spacious living/dining room and large kitchen with a 2 piece bath. Upstairs has 2 bedrooms with full bathroom and your master bedroom with 3 piece bathroom and walk in closet. Single car garage with lots of storage and 1 open parking stall in front of the home. Small grassed backyard would be great for a small garden or for your pets. Walking distance to shopping, parks, transit and schools. Home is move in ready. Call today! (id:50889)
Popular Uplands/Redlands location, this 0.42 acre lot is located close to the Munson Mountain lookout. This 2,115 sq ft home consists of 4 bedrooms and 4 baths. The main floor features hardwood floors and a cozy gas fireplace in the vaulted ceiling living room. The top level has 3 bedrooms including the master bedroom with 4 pc ensuite and walk-in closet. Only a short drive to Uplands Elementary, several wineries, and the KVR Trail. Basement renovations were completed in 2017 at an approximate cost of $80,000 and feature a large recreation room, 4th bedroom, den/office, and laundry room. The garage has a bonus room 7x11'3 but can be removed for more vehicle storage. 2nd floor roof was replaced 2018, and the hot water tank 2017. Lots of room for the RV or boat. Call today for more information. (id:50889)
Step into #203-250 Waterford Ave… a stunning South West corner unit! Immerse yourself in the epitome of elegance with this professionally upgraded residence, meticulously designed to showcase impeccable show home standards. Experience the modern and contemporary open concept floor plan, complete with 9' ceilings that enhance the spacious feel of the home. Admire the beauty of the gleaming hardwood floors that add warmth and sophistication to every corner. Step out onto the covered wrap-around deck, where you can bask in the sunlight and savor your morning coffee while enjoying picturesque views of the surroundings. Perfectly situated near Skaha beach, shopping destinations, and convenient public transit, this location offers the ideal blend of convenience and leisure. This suite not only boasts a storage room for your convenience but also includes the added luxury of 2 parking spots in the secure heated parkade, ensuring both comfort and peace of mind for your vehicles. Note: furnishings can be purchase separately. (id:50889)
