Finding a home

Amazing quality of life awaits in Penticton, it's just a matter of finding a new home! The information and links below and to the right are designed to make the house hunt a little bit easier.

Buying a home

Penticton and area has a range of housing from townhomes and condominiums to lakeside homes with sweeping vistas of the Okanagan scenery.

People choose the City of Penticton when they want their families to be in the South Okanagan's major centre. The City offers all the amenities you would expect in a modern city from the state of the art recreational centre and South Okanagan Events Centre to ones that are unique like beaches, bike paths and boutiques. Many residents prize the comfort, safety and convenience of having everything you need for life, work or play within walking distance including boutiques, food and all levels of schooling from kindergarten to college. Penticton preserves the charm and connection of a community while offering the services of a large centre. We don't miss the traffic reports!

People who work in Penticton commute from the surrounding area of the Regional District of Okanagan-Similkameen that includes OK Falls, Kaleden, Heritage Hills, Naramata, Summerland, Peachland, West Kelowna and Oliver. Each of these communities offers different housing options and community amenities.

Fast facts about Penticton housing:

  • 2011 Census counted 20,931 private residences for the 42,361 people.
  • More than 80% of home sales in 2012 were priced below $500,000.
  • Average housing starts per year is 235 with apartments and single family homes making up the majority of new homes.
  • On average 42 lots sell in the Penticton area per year.

New housing

 

 

 

Within the city of Penticton, our latest new housing developments include a range of types, sizes and prices reflecting the quality, the amenities and location options. 

New Housing Developments

The Verana
3313 Wilson St.
Condominium 1,000 to 1,200 sq feet Price range starting
mid $200,000
Creekside on Forestbook Condominium 1,200 square feet Low $300,000
Athens Creek Towers Condominium 950 to 1040 sq feet Mid $200,000
Alysen Place Condominium 870 to 1,600 sq feet Mid $300,000
Skaha Hills Single Family Homes 1500-3300 sq ft $300,000 - $660,000
Skaha Lake Villas Townhouses 1400 sq ft Low $300,000
Sendero Canyon Single family homes 1,450 to 2,450 sq feet High $300,000
Sendero Canyon Lots 330 sq m - 593 sq m High $200,000
Brentview Estates
(40 years and over)
Bare land strata
homes
1,300 to 1,600 sq feet Low $300,000
Blackhawk Estates Lot within gated community
with view propertiest
  Low $300,000

For purchasing a previously owned house, our helpful Penticton realtors and a range of online tools can help you find the perfect home. Check out the links on the sidebar. 

 

Renting a home

The rental market in Penticton provides over 2260 units of rental accommodation (as of 2016 Fall count). Fall 2016 vacancy rates were 1% which is slightly below the provincial average of 1.4%. Rentals can be found by looking online at traditional property management companies, local development project websites, and via local online listing services. New rental accommodation projects are currently under construction.
 

Type of rental (Apt & semi-detached) Number of units Availability rates Average rent
Bachelor apartment 143 data n/a $609
1 bedroom 1,021 1.7% $740
2 bedroom 994 0.7% $897
3 bedroom+ 105 0% $1171
Total 2,263 1.1% $822
BC (city pop. 10,000+)   1.4% $1,104

Source: Canada Mortgage and Housing Corp., Rental Market Report - British Columbia Highlights, Q3 2016. Statistics do not include privately rented in-home suites or carriage houses.
 
Here are some links to help with the home search: