Condo
$483,000
873 FORESTBROOK Drive Unit# 404
Main North, Penticton50 days on market
2 bd2 ba1,114 sq ft
MLS® 103982141 / 39
$399,000
240 Wade Avenue Unit# 401
Main North, Penticton · MLS® 10398781
2 bed · 2 bath · 1,089 sq ft · 1 parking
Condo · Single Family · built 2008 · 37 days on market
Listed by Lori J. Lancaster, Chamberlain Property Group
Realtor's description
Perched on the top floor of this spacious 2 bedroom, 2 bathroom home offers 1,088 sq ft of living space. The open kitchen, dining, and living area is anchored by a corner fireplace and flows out to a private balcony, framed by mountain and valley views. The kitchen is finished with rich wood cabinetry, and a full black appliance package including a stainless fridge, all overlooking the dining and living space, making it easy to cook and still be part of the conversation.The primary bedroom is a genuine retreat at over 150 sq ft, and a private 4 piece ensuite, plus its own balcony access. The second bedroom is equally generous and sits near the main 3-piece bath, ideal for guests, a roommate, or a home office setup. In-suite laundry with a utility sink adds everyday convenience. Additional building perks include underground parking, storage locker, an elevator, and a location that puts you within easy reach of downtown Penticton's restaurants, the farmer's market, Okanagan Lake, and the beach. Whether you're downsizing, investing, or looking for a low-maintenance home base in the heart of the Okanagan, this top floor unit is worth a look.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,089 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,414 / yr
- Strata fee
- $441 / mo ($0.40 / sq ft)
- Strata rules
- Pet Restrictions, Pets Allowed With Restrictions
- Days on market
- 37
- MLS®
- 10398781
Features
- Pet Restrictions
- Pets Allowed With Restrictions
- Refrigerator
- Oven - Electric
- Dishwasher
- Microwave
Monthly cost
$2,380/mo
Mortgage $1,738 · Tax $201 · Strata $441
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,511/mo
- After all costs
- −$1,025/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $1,738 · tax $201 · strata $441 · 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
Location
Main North, PentictonGoogle Maps ↗
Schools
Catchment schools, Okanagan Skaha School District 67
- Elementary K-6 Queen’s Park Elementaryhomes in this catchment
- Middle Gr 7 Queen’s Park Elementaryhomes in this catchment
- Secondary 8-12 Penticton Secondaryhomes in this catchment
800 m away · 158 Eckhardt Ave E, Penticton · 250-770-7750
From the Okanagan Skaha School District 67's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
