Penticton

Located in the heart of the Okanagan Valley, Penticton is a stunning lakeside city known for its beautiful beaches, world-class wineries, and thriving arts and culture scene. Nestled between Okanagan Lake and Skaha Lake, Penticton offers an unbeatable lifestyle with mild winters, warm summers, and endless outdoor recreation - the ideal balance of city conveniences and small-town charm.

Okanagan & Skaha Lake Beaches
Penticton is known for its two popular lakefronts, offering nearly 15 acres of accessible sandy beaches and welcoming public spaces. Okanagan Lake Beach provides a long stretch of shoreline close to shops, dining, and seasonal activities, while Skaha Lake offers a more relaxed setting with park amenities, shaded areas, and family-friendly recreation. Both spots give residents and visitors easy access to swimming, boating, and paddleboarding, and enjoyment of the natural surroundings throughout the year.

Hiking & Cycling
The famous Kettle Valley Rail Trail, a 600-kilometer network offering well-maintained trails for hiking, cycling, and exploring with routes that take you past vineyards, orchards, and beautiful lake views.  Skaha Bluffs Provincial Park delivers a different kind of adventure, known for its impressive climbing routes, rugged trails, and viewpoints that reward the effort. Together, they reflect what makes Penticton special: easy access to the outdoors and opportunities to enjoy the landscape in a way that feels both inviting and inspiring.

Award-Winning Wineries & Breweries
A key part of the South Okanagan wine region, Penticton boasts dozens of wineries and craft breweries. The Naramata Bench wine route is just a short drive away, offering incredible tasting rooms and picturesque vineyard views.

Thriving Downtown & Farmers' Market
Offering local produce, restaurants, and boutique shopping, Penticton's vibrant downtown is perfect for walking, dining, or spending an afternoon shopping at the Penticton Farmers' Market. The market features fresh, local produce, artisan foods, and handcrafted goods.

Restaurants & local eateries 
Penticton’s restaurant scene is closely tied to the region’s rich local agriculture, with many eateries highlighting fresh, seasonal ingredients from nearby farms and vineyards. From casual cafés to fine dining, local chefs celebrate the flavors of the Okanagan through farm-to-table menus, craft beverages, and dishes inspired by the area’s bounty. This connection to local produce not only creates memorable dining experiences but also reflects the community’s pride in supporting regional growers and producers.

Parks & Recreation
Skaha Lake Park, Manitou Park, and Lions Park offer green spaces, playgrounds, and picnic areas for family outings. Penticton’s community centers, such as the Penticton Community Centre, provide everything from fitness facilities to public swimming pools. Penticton is also home to several top-rated golf courses, including Penticton Golf & Country Club and Skaha Meadows Golf Course, perfect for both casual players and seasoned golfers.

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Real Estate Market in Penticton

Penticton’s real estate market is diverse and dynamic, offering everything from luxury waterfront homes and modern condos to family-friendly neighborhoods and investment properties. It's the ideal place to call home for a variety of buyers, including families looking for a safe, welcoming community with excellent schools, retirees seeking a relaxed lifestyle with access to healthcare and recreation, investors interested in rental properties, vacation homes, and development opportunities, and for outdoor enthusiasts wanting to live close to nature while still enjoying urban amenities

The current real estate market in Penticton remains competitive, with strong demand for both single-family homes and condos. As local experts, we have firsthand knowledge of the best neighborhoods, up-and-coming developments, and investment opportunities to help you make the right decision.

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Area Inspiring Articles


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active listings in penticton


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328 NANAIMO Avenue W
Main North Penticton V2A 1N7

$2,589,000
Multi-family 0 sq. ft. built: 1968

Main Photo: 328 NANAIMO Avenue W in Penticton: Multi-family for sale : MLS®# 10388006
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Photo 17: 328 NANAIMO Avenue W in Penticton: Multi-family for sale : MLS®# 10388006
Photo 18: 328 NANAIMO Avenue W in Penticton: Multi-family for sale : MLS®# 10388006
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
10388006
Year Built:
1968
Welcome to a rare investment opportunity in the heart of beautiful downtown Penticton. This well-maintained 11-unit apartment building sits on three separate titles and offers a strong, diversified unit mix: 7 one-bedroom suites, 3 two-bedroom suites, and 1 studio apartment. Currently generating a 5.5% cap rate, this property provides immediate, stable returns with future upside potential. A major highlight of this offering is the 2.7% assumable CMHC-insured mortgage (OAC) — an exceptional financing opportunity in today’s market that significantly enhances cash flow and overall return on investment. Each unit features its own private deck or patio—perfect for enjoying the renowned Okanagan weather. The building has seen numerous updates over the years, including a new roof in 2019. All suites are equipped with newer hot water tanks, air conditioning, and individual electric meters, with tenants paying their own hydro—helping to keep operating costs in check. Additional highlights include convenient coin-operated laundry and the benefit of a long-term live-in caretaker who manages the day-to-day operations, making this a truly turnkey investment. With stable, long-term tenants in place and rents currently below market value, this very clean and easy-to-manage property offers solid cash flow today and excellent upside potential for investors looking to expand their portfolio in one of Penticton’s most desirable locations. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
0 sq. ft.
Taxes:
$10,016 / -
Community:
Main North
Security Features:
Smoke Detector Only
Structure Type:
Multi-Family
Half Bathrooms:
0
Fireplace:
No
Heating:
Baseboard heaters, Electric
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
10,019 sq. ft.
Lot Details:
0.23
Parking:
Street
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Listed by Chamberlain Property Group
Data was last updated May 26, 2026 at 01:15 PM (UTC)
Jesse Chapman PREC*
Danielle Chapman
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Royal LePage Locations West Realty, Brokerage
(Independently owned and operated)
484 Main Street
Penticton, BC V2A 5C5