WESTMINSTER Avenue E LOT A

Penticton | British Columbia

Where Nature

Becomes Home

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James Kerr

Presented At

$865,566

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715

WESTMINSTER Avenue E LOT A

Penticton | British Columbia

715 WESTMINSTER Avenue E LOT A, Penticton, British Columbia, Canada. , Penticton , British Columbia

Custom Built Luxury!

Welcome to Grandview Terraces, a new luxury development by Agave Homes. Located in a premium tranquil setting, steps away from the KVR trail famous for cycling, jogging and walking. These future homes are within walking distance of Penticton’s downtown amenities, including restaurants, craft breweries, Okanagan Lake beaches, marina and the Farmers Market. Purchased lots will require the boutique homes to be designed and built by Agave Homes, who take the utmost care in the design of each individual home as well as in the orientation and interaction with the homes to each other. All homes are inspired by the architecture of Southern California and will include elevators, wine rooms, outdoor kitchens, pools, rooftop decks, and low-maintenance landscaping to get the most out Okanagan living. Don’t miss the opportunity to become a part of this exceptional neighbourhood! All measurements approximate, and price includes lot only.

Exterior

Property

Gallery

Property Location

715 WESTMINSTER Avenue E LOT A, Penticton, British Columbia, Canada., Penticton British Columbia

Local Weather & Climate

Penticton, British Columbia

Current Conditions Updated recently

37 °F

Scattered clouds

Feels Like 31°F

Humidity 75%

Wind 7 mph

Visibility 6.2 mi

Sunrise 2:24 PM

Sunset 1:53 AM

5-Day Forecast

Mon 9 Mar

Clouds

High 40°

Low 33°

Tue 10 Mar

Snow

High 43°

Low 28°

Wed 11 Mar

Clouds

High 44°

Low 33°

Thu 12 Mar

Clouds

High 45°

Low 38°

Fri 13 Mar

Clouds

High 45°

Low 37°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Penticton?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

C$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Canada. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Canada tax year 2025 (fiscal year: January-December), rules effective from 1972. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,200,000

715 WESTMINSTER Avenue E LOT A, Penticton, British Columbia, Canada.

Penticton, British Columbia

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Market Opinion

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Our perspective on current market conditions in Penticton. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $86,556,600 20% down ($17,311,320)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$7,438/day

Your home may appreciate while you sleep

$52,208/week $226,233/mo $2,714,793/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$47.6M

+$67.6M

$67.6M Potential Equity

vs $47.6M lost to rent over 10 years

$17.3M Down Payment Growth

3.9x

10yr

$67.6M

8.1x

20yr

$139.9M

12.6x

30yr

$218.6M

Wealth Comparison

×520

Equivalent to 520 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $218.6M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $101.9M +18%

Market $117.9M +36%

Optimistic $136.0M +57%

$67.6M est. equity

20 Years

Conservative $120.0M +39%

Market $160.5M +85%

Optimistic $213.8M +147%

$139.9M est. equity

30 Years

Conservative $141.4M +63%

Market $218.6M +153%

Optimistic $335.9M +288%

$218.6M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

What is the listing price for 715 WESTMINSTER Avenue E LOT A, Penticton, British Columbia, Canada?

This property is listed at $86,556,600.

Is now a good time to buy a home in Penticton?

Based on current market indicators, Penticton shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 715 WESTMINSTER Avenue E LOT A, Penticton, British Columbia, Canada?

This is a land parcel located in Penticton, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: