The Condo Market in Penticton and What to Know Before Buying

What is a Condo?

A condo is a single dwelling that is part of a multiple dwelling strata complex which shares land. A condominium can be in the form of an apartment, townhome or even a single family home. In Penticton a condo is generally considered an apartment style dwelling in a high rise building.

Why Buy a Condo in Penticton?

A Condo offers more flexibility, affordable prices and a significantly reduces the time required to maintain your unit. There are many condos centrally located to services or amenities such as the beaches or golf courses.

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329
Condos Sold in 2015
$245K
Average Condo Price
$799kK
Highest Condo Price
$69.9K
Lowest Condo Price

The Advantages of Living in a Condo

Owning a condo offers fantastic advantages. You can enjoy great amenities such as a pool and gym, without paying a fortune. The security is high and the maintenance costs are low since being shared by the community of owners. There are some monthly fees to be paid, but the shared maintenance costs (and, sometimes, part of the insurance costs) are being taken care of by the strata council.

Great Amenities

Security

Low Maintenance

Which One is the Best for You?

This is one question you should really think about before making a decision. Is being independent very important to you? Then maybe a condo isn’t the best option. If low maintenance costs and other benefits such as nice amenities and living in a community sounds good, then you can consider it.

Also, remember that your future decisions will be based on some rules. If you want to get yourself a pet, you have to see if the strata allow owners to have them. Thinking about maybe renting the place sometimes in the future? There may be some restrictions about that as well so ask our real estate agents about it.

Overview - Last 30 days

Median Price - Last 6 Months
Median Days on Site - Last 6 Months
Listing Inventory - Last 6 months

New Listings - Last 30 DaysView all active listings

2
Beds
3
Baths
1,763
SqFt
 
 
#168350 | Condo

Listing Brokerage:
RE/MAX Kelowna
© 2017 Canadian Real Estate Association. All rights reserved.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
All information is deemed reliable but is not guaranteed accurate.
CREA AB-BC data last updated at August 19, 2017 11:31 AM PT

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129 Results
2
Beds
3
Baths
1,763
SqFt
(10)
 
 
#168350 | Condo

Listing Brokerage:
RE/MAX Kelowna
2
Beds
3
Baths
1,371
SqFt
 
 
 
#167787 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
2
Beds
3
Baths
1,360
SqFt
(43)
 
 
#167572 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
2
Beds
2
Baths
1,762
SqFt
(20)
 
 
#167410 | Condo

Listing Brokerage:
Sotheby's International Realty Canada
3
Beds
3
Baths
2,200
SqFt
(10)
 
 
#166820 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
3
Beds
3
Baths
2,200
SqFt
(10)
 
 
#166774 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
3
Beds
3
Baths
2,165
SqFt
(32)
 
 
#165494 | Condo

Listing Brokerage:
RE/MAX PENTICTON REALTY
2
Beds
2
Baths
1,360
SqFt
(21)
 
 
#167462 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
3
Beds
2
Baths
2,000
SqFt
(29)
 
 
#168129 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
3
Beds
4
Baths
2,165
SqFt
(14)
 
 
#165357 | Condo

Listing Brokerage:
COLDWELL BANKER OKANAGAN RLTY
3
Beds
3
Baths
1,835
SqFt
 
 
 
#168402 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
4
Beds
4
Baths
2,015
SqFt
(16)
 
 
#166580 | Condo

Listing Brokerage:
ROYAL LEPAGE LOCATIONS WEST
© 2017 Canadian Real Estate Association. All rights reserved.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
All information is deemed reliable but is not guaranteed accurate.
CREA AB-BC data last updated at August 19, 2017 11:31 AM PT