Residential Real Estate
News & Updates
- Update Re: ecoENERGY Registration Closure and Post-Retrofit Evaluation Extension
- Penticton Named a Top 10 International Travel Destination For 2012
- Economic Development News
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553 Railway Street
Penticton, BC V2A 8S3
Local: 250.493.3323
Fax: 250.492.6119
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Quick Links
- The City of Penticton
- Penticton Wine and Country Chamber
- Tourism Penticton
- South Okanagan Events Centre
- OurOkanagan
- Regional District Okanagan-Similkameen
- Penticton Indian Band
- Penticton Regional Airport
Residential Real Estate
Comparison of Average Cost for Standard Homes in Selected Cities (Q1 – 2009)
| Location | Type of Home | |||
|---|---|---|---|---|
| Executive | Bungalow | Townhouse | Condominium | |
| Penticton* | 441,000 | 342,000 | 272,000 | 187,000 |
| Kelowna | 425,000 | 340,000 | 270,000 | 180,000 |
| Victoria | 570,000 | 453,000 | 350,000 | 260,000 |
| Surrey | 445,000 | 390,000 | 290,000 | 189,000 |
| Richmond | 601,500 | 470,000 | 333,000 | 215,600 |
| West Vancouver | 1,090,000 | 880,000 | 670,000 | 400,000 |
| Calgary – North West | 452,300 | 376,100 | 288,800 | 251,300 |
| Edmonton – Sherwood Park | 420,000 | 300,000 | 250,000 | 300,000 |
| Regina – South | 385,000 | 295,000 | 277,000 | 196,500 |
| Winnipeg – Charleswood | 338,000 | 240,000 | 158,000 | 145,000 |
| Ottawa – Kanata | 364,000 | 310,000 | 244,000 | 185,000 |
| Toronto – Markham | 475,000 | 410,000 | 300,000 | 250,000 |
| Montreal – Cote-St-Luc | 470,000 | 239,000 | 225,000 | 229,000 |
Source: Royal LePage *estimates by EDS, Penticton
Definitions
Bungalow: A detached 3-bedroom single storey house with 1.5 bathrooms, 1-car garage. Full basement but no recreation room, fireplace. Total area of house is 1200 sq.ft., full service 5500 sq.ft. lot.
Executive: A detached 2-storey, 4-bedroom home with 2.5 bathrooms, a main floor family room, 1 fireplace, and an attached 2-car garage. Full basement but not recreation room. Total area of house is 2000 sq.ft. on a full-service 6500 sq.ft. lot.
Condominium: A 2-bedroom apartment with living room, dining room (may be combined), kitchen, 1.5 bathrooms, small balcony, 1 parking space with a total living area of 900 sq.ft.
Townhouse: Condominium or freehold. 3-bedrooms, 1.5 baths, living room, dining room (may be combined), kitchen, 1-car garage, full unfinished basement. Total area 1000 sq. ft.
Real Estate -
Residential listings in the South Okanagan in 2010 to date continue to be higher than during the same period last year.
Housing Starts in Penticton
Source: City of Penticton
New residents moving into the Penticton area are generally seeking a better quality of life, away from colder and wetter climates and to escape congestion of the larger urban centers.
There are many adult oriented housing and condominium developments available. Penticton’s housing prices, when compared to other cities across Canada, remain competitive.
There are 19,410 occupied private dwellings in the greater Penticton area (Census 2006). There is an average of 2.2 persons per household which is lower than the provincial average, due primarily to the higher than normal retirement and senior population.
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Canadian Real Estate Association | Commercial Real Estate Listings
www.icx.ca
Real Estate Listings
The Canadian Real Estate Association hosts a multiple listing service of real estate online: www.mls.ca
Penticton Realtors
COLDWELL BANKER OKANAGAN REALTY
101-1873 Main Street
Penticton, BC V2A 5H2
Phone: 250.492.2911, Fax: 250.492.2878
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HOMETIME REALTY
101 – 3547 Skaha Lake Road
Penticton, BC V2A 7K2
Phone: 250.770.1948, Fax: 250.770.8348
RE/MAX PENTICTON REALTY
101-3115 Skaha Lake Road
Penticton, BC V2A 6G5
Phone: 250.492.2266, Fax: 250.492.3005
Toll Free: 1.800.652.6246
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www.remax-pentictonbc.com
RE/MAX FRONT STREET REALTY
2 Front Street
Penticton, BC V2A 1H1
Phone: 250.492.2233, Fax: 250.490.0226
Toll Free: 1-866-44-REMAX
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www.frontstreetrealty.net
REALTY EXECUTIVES PENTICTON
280 Main Street
Penticton, BC V2A 5B2
Phone: 250.493.4372, Fax: 250.493.4376
Toll Free: 1.866.493.4372
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ROYAL LEPAGE LOCATIONS WEST REALTY
484 Main Street
Penticton, BC V2A 5C5
Phone: 250.493.2244, Fax: 250.492.6640
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www.royallepage.ca/penticton
SUTTON POWER 1 REALTY
543 Martin Street
PENTICTON, BC, British Columbia V2A 5L5
Telephone: 487-0001
Fax: 487-4005
http://www.suttonpower1.com/realty/
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Questions? Contact Penticton Economic Development




