1 / 24

$375,000

195 Warren Avenue W Unit# 406

Main South, Penticton · MLS® 10371922

2 bed · 2 bath · 1,238 sq ft · 1 parking

Condo · Single Family · built 1991 · 275 days on market

Listed by Brenda Pearson, Royal LePage Locations West

Walk a block to Cherry Lane Mall, Parks, Restaurants, Clinics! This very desirable top floor features a skylight, 2 bed, 1 1/2 bath, fresh paint, new vinyl plank flooring, an updated kitchen with new kitchen counter tops, large closets and a massive glass-enclosed balcony with it's own new heat pump that making it a comfortable, year round space. At an impressive 1238 sf, this spacious layout offers inviting views of Penticton's hills to the east and west from the enclosed balcony, Located on the quiet side of the building. Secure and gated parking also features a 2nd large storage locker located in front of your stall. Roughly 1/2 way between Okanagan Lake and Skaha Lake which is an easy commute via public transit. Welcome to Brookfield Place. 55+, no short-term rentals, no pets, no smoking. Ask your agent for a showing today!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,238 sq ft
Parking: 1
Year built: 1991
Property tax: $1,850 / yr
Strata fee: $430 / mo ($0.35 / sq ft)
Strata rules: Adult Oriented, Pets not Allowed, Seniors Oriented
Days on market: 275
MLS®: 10371922

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-25%)

Price per sq ft: $303 vs $406 median for condos in Main South for sale (48)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Wheelchair access
Adult Oriented
Pets not Allowed
Seniors Oriented
Refrigerator
Range - Electric

On market 275 days

Listed now: 71 days; median for 102 condos for sale; this one 275 days

Condos in Penticton. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,218/mo

Mortgage $1,634 · Tax $154 · Strata $430

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,634/ monthly

loan $300,000

25-year amortization

down payment20% · $75,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $190,152
property transfer tax: $5,500; BC general rate
cash to close: $80,500; down + PTT
total paid: $490,152

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,511/mo
After all costs: −$863/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,634 · tax $154 · strata $430 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Penticton (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

Main South, PentictonGoogle Maps ↗