A 2006 condo building at 250 Marina Way with lake views, near the beach and the marina, with units listed $849,000–$879,000 per MLS® listings.
Lakeview Terrace is named in an MLS® listing for 250 Marina Way. Two units built in 2006 are active: a live/work one-bedroom plus den with a commercial space ($849,000) and a three-bedroom, two-bathroom home with two patios, two parking spaces, storage and bike lockers ($879,000). The listing mentions an outdoor pool, gym and workshop, steps from Marina Way beach.
The live/work unit includes commercial space; confirm zoning and permitted use.
Lakeview Terrace suits buyers who want views, a pool and a gym close to the beach.
Live/work use depends on zoning and strata rules; confirm before relying on it.
Review bylaws, minutes, depreciation report, reserve fund and any planned special levies before you write an offer.
Confirm permitted commercial use with the City and strata.
Review fees, amenities upkeep and special levies.
Strata or pad fees, property tax, insurance and any levies — confirm exactly what the monthly charge covers.
Pat can compare Lakeview Terrace against other Penticton lake-area condos and flag construction or maintenance concerns before you commit.
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 →
2 currently active — $849,000 – $879,000
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.
An outdoor pool, gym and workshop per one listing.
One listing uses it. Confirm.
Pat can compare Lakeview Terrace against other Penticton lake-area condos.
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