Community Spotlight — Cherry Lane Towers, Penticton BC

A Penticton address.
What the listings show.

A multi-building condo community on Atkinson Street next to Cherry Lane Shopping Centre, with two-bedroom units listed $425,000–$749,900 per MLS® listings.

Cherry Lane Towers is named in MLS® listings for 2245 and 2285 Atkinson Street (The Wellington is named as one building at 2285). Five two-bedroom units built 1997–2006 are active, from a ground-floor corner at $425,000 to a 2,000-plus sq ft penthouse at $749,900. Listings cite a 4,000 sq ft recreation room with a social committee, secure parkade parking, gas fireplaces and views over the creek and both lakes. Athens Creek Towers at 2125 Atkinson has its own page.

5 activeOct 9, 2026
1997–2006Years built (per MLS® listings)
2 bedAll current listings
$425K–$750KCurrent asking range

Different buildings in the community were built in different years and have different stratas. Confirm which building a unit is in.

Who Cherry Lane Towers Is For

Downsizers wanting a walkable, amenity-rich condo community

Cherry Lane Towers suits buyers who want to walk to the mall, services and the creek trail, with shared recreation space.

Prices vary widely by building and floor; compare with Pat.

📋 Cherry Lane Towers at a glance

  • 🏡Style: Condo apartments in several buildings
  • 📍Location: 2245, 2255, 2265 and 2285 Atkinson Street, Penticton
  • 🏗️Built: 1997–2006 (per MLS® listings)
  • 📐Size: About 1,190–2,020 sq ft
  • 🏢Amenities: 4,000 sq ft recreation room per a listing
  • 🚗Parking: Secure parkade per a listing
What Buyers Need to Know

Buying at Cherry Lane Towers — the important details

📄 Strata Documents

Review bylaws, minutes, depreciation report, reserve fund and any planned special levies before you write an offer.

📄 Strata Documents

Each building may have its own strata. Review bylaws, minutes and reserves for the one you consider.

🏗️ Building Age

Buildings range from 1997 to 2006.

💰 Total Cost of Ownership

Strata or pad fees, property tax, insurance and any levies — confirm exactly what the monthly charge covers.

🔍 Pat's Assessment

Pat can compare Cherry Lane Towers against other Penticton condos and flag construction or maintenance concerns before you commit.

📄 BC Depreciation Report Rule

As of 2024, deferring a depreciation report by vote is no longer allowed — South Okanagan strata corporations have until July 1, 2027 to be compliant. See the full guide →

Market Snapshot — October 9, 2026

Current activity at Cherry Lane Towers

📋 Active Listings

5 currently active — $425,000 – $749,900

Figures from MLS® active listings exported October 9, 2026. Facts marked “per MLS® listing” come from listing remarks and fields and may differ by unit — verify strata fees, rules and building details in the strata documents. Pat can pull recent sold comparables for any unit you are considering.

Frequently Asked Questions

Cherry Lane Towers — quick answers

Which buildings are included?

Listings in the export are at 2245, 2255, 2265 and 2285 Atkinson Street.

Is there a recreation room?

One listing cites a 4,000 sq ft recreation room with a social committee.

Relevant Guides

Free guides for condo and townhome buyers

Interested in Cherry Lane Towers?

Pat can compare Cherry Lane Towers against other Penticton condos.

Talk to PatAll Communities →