497 Vancouver Avenue, Penticton

Wine Cellar - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 1

41 Photos

Recreation room - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 2
Bedroom - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 3
Partial ensuite bathroom - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 4
Utility room - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 5
Other - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 6
Full bathroom - 497 Vancouver Avenue, Penticton, BC V2A1A4 Photo 7
  • Bedrooms: 3
  • Bathrooms: 4
  • Living area: 2849 square feet
  • MLS®: 10304774
  • Type: Residential
  • Added: 57 days ago

Property Details

Nestled in the coveted Vancouver Hill area, this charming home epitomizes uniqueness & versatility. With impending Airbnb regulations, this property stands as a prime investment, perfectly poised to cater to vacationers while complying with new housing laws for years to come. Pristine landscaping & timeless character, the residence boasts a picturesque ambiance, accentuated by views of Okanagan Lake & the mountains from its private patio & mere steps from the beach, marina, wineries, KVR Trail, & downtown. Inside, the home exudes original charm while benefiting from over $100K of upgrades. The main floor has stunning flooring & natural light streaming thru large windows. A gas fireplace adds to the inviting living room & a gourmet kitchen boasts quartz countertops, wall oven, gas cooktop, eating nook & a private patio offers an ideal setting for gatherings. The main floor hosts a master retreat, complete with a walk-thru closet & access to a 3pc bthrm, & a laundry rm. The upper level has a spacious bdrm with its own 3pc ensuite. On the lower level is a family rm with access to an outdoor sitting area & a full 4pc bthrm. Additionally, a dedicated area on this floor features a 3rd bdrm with its own 3pc ensuite, a versatile TV/office space, & a gym with outside access. Various living arrangements, offering potential as an in-law suite or guest quarters. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls. (id:1945)

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Property Information

  • Roof: Asphalt shingle, Unknown
  • View: Lake view, Mountain view, Valley view
  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Cooling: See Remarks
  • Heating: Baseboard heaters, Forced air, Electric, See remarks, Other
  • Stories: 3
  • Year Built: 1920
  • Appliances: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave, Oven - Built-In
  • Living Area: 2849
  • Lot Features: Private setting, Treed, Corner Site
  • Photos Count: 41
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 012-302-767
  • Parking Total: 1
  • Bedrooms Total: 3
  • Structure Type: House
  • Common Interest: Freehold
  • Fireplaces Total: 1
  • Parking Features: Other, RV, See Remarks
  • Tax Annual Amount: 6282.8
  • Bathrooms Partial: 3
  • Exterior Features: Stucco, Composite Siding
  • Community Features: Family Oriented
  • Fireplace Features: Gas, Unknown
  • Lot Size Dimensions: 0.15
  • Architectural Style: Split level entry
  • Waterfront Features: Other
Room Dimensions
Type Level Dimensions
Wine Cellar Main level 7'7'' x 12'2''
Recreation room Main level 18'3'' x 15'11''
Bedroom Main level 11'2'' x 10'4''
Partial ensuite bathroom Main level
Utility room Main level 15'8'' x 16'7''
Other Main level 9'4'' x 9'5''
Full bathroom Main level
Family room Main level 10'2'' x 9'6''
Living room Second level 22'8'' x 19'
Kitchen Second level 15' x 13'7''
Primary Bedroom Second level 11'1'' x 13'5''
Other Second level 10' x 10'1''
Foyer Second level 11'6'' x 12'6''
Partial bathroom Second level
Laundry room Second level 7'8'' x 6'10''
Bedroom Third level 14'6'' x 25'6''
Partial bathroom Third level
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Nearby Places

Name Type Address Distance
The Bench Artisan Food Market Meal takeaway 368 Vancouver Ave 0.1 km
Isshin Sushi Bar & Asian Dining Restaurant 151 Front St 0.5 km
Burger 55 Restaurant 85 Westminster Ave E 0.5 km
The Dream Cafe Cafe 67 Colourful Front St 0.6 km
Hooded Merganser Restaurant Restaurant 21 Lakeshore Dr W 0.7 km
Lake City Casino Penticton Cafe 21 Lakeshore Dr W 0.7 km
Fibonacci Roastery & Café Meal takeaway 219 Main St 0.7 km
Penticton Lakeside Resort, Convention Centre & Casino Restaurant 21 Lakeshore Dr W 0.7 km
Spiros Cubby Hole Restaurant 130 Westminster Ave W 0.8 km
Lachi Restaurant 510 Main St 1.0 km
Murray's Pizza & Pasta Penticton Store 625 Main St 1.1 km
Theo's Restaurant Restaurant 687 Main St 1.2 km
Similar Houses Stat in Penticton
We have found 6 Houses that closely match the specifications of the property located at 497 Vancouver Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,075,000 and 1,335,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V2A1A4 postal code area of Penticton British Columbia Canada.
497 Vancouver Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 497 Vancouver Avenue. The current price of the property is $1,150,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $920,000. This would result in a monthly mortgage payment of $5,378 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 35
University / Above bachelor level 15
University / Below bachelor level 10
Certificate of Qualification 10
College 40
Degree in medicine 15
University degree at bachelor level or above 85

Neighbourhood Marital Status Stat

Married 215
Widowed 20
Divorced 25
Separated 10
Never married 75
Living common law 40
Married or living common law 255
Not married and not living common law 130

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 20
1991 to 2000 20
2001 to 2005 10
2006 to 2010 40
1960 or before 65
Comparison of 497 Vancouver Avenue, Penticton, BC with Nearby Houses
Nearby Cities Listings Avg. price
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Naramata Real Estate 77 $1.392.182
Oliver Real Estate 141 $859.399
West Kelowna Real Estate 411 $943.187
Osoyoos Real Estate 401 $693.357
Kelowna Real Estate 1397 $1.125.085
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Chilliwack Real Estate 557 $1.050.041
Maple Ridge Real Estate 674 $1.477.724
Abbotsford Real Estate 683 $1.405.092
Langley Real Estate 987 $1.835.976
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