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$265,000

284 Yortkton Avenue Unit# 205

Main South, Penticton · MLS® 10396293

2 bed · 2 bath · 979 sq ft · 1 parking

Condo · Single Family · built 1995 · 69 days on market

Listed by Brandon Grass, eXp Realty (Kelowna)

Welcome to easy, lakeside living just steps from Skaha Beach. This well-maintained 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience, and lifestyle—ideal for downsizers or empty nesters ready to simplify without compromise. Thoughtfully updated, the home features a refreshed kitchen with stainless steel appliances, an extra-large pantry with pull-out shelving, and updated flooring throughout. Both bedrooms include custom closet organizers, giving you smart, functional storage where it matters most. Located directly across the street from Skaha Lake and Skaha Park, your days can be filled with lakeside walks, morning bike rides, or simply relaxing by the water. Enjoy the ease of walkable access to nearby restaurants, cafes, and shopping, all while being just minutes from the heart of town. This is more than a home—it’s a lifestyle. Imagine less maintenance, more freedom, and the ability to truly enjoy the Okanagan way of life. If you’ve been waiting for the right place to downsize without giving up location or comfort, this is it.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 979 sq ft
Parking: 1
Year built: 1995
Property tax: $1,742 / yr
Strata fee: $378 / mo ($0.39 / sq ft)
Strata rules: Adult Oriented, Pets not Allowed
Days on market: 69
MLS®: 10396293

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

Below typical for the area (-33%)

Price per sq ft: $271 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.

Level lot
Adult Oriented
Pets not Allowed
Refrigerator
Range - Electric
Dishwasher

On market 69 days

Listed now: 70 days; median for 101 condos for sale; this one 69 days

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

FloodplainYes
This address is within a designated floodplain on the provincial floodplain maps (Okanagan River). Local rules can set things like minimum floor heights; the municipality can confirm what applies.
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.

$1,678/mo

Mortgage $1,155 · Tax $145 · Strata $378

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

estimated payment

$1,155/ monthly

loan $212,000

25-year amortization

down payment20% · $53,00020%+ 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: $134,374
property transfer tax: $3,300; BC general rate
cash to close: $56,300; down + PTT
total paid: $346,374

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: −$323/mo
Cap rate: 3.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,155 · tax $145 · strata $378 · 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

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