Community Spotlight — Sokana, Penticton BC

A Penticton address.
What the listings show.

A new resort-style condo community near the Penticton channel with units from $379,900 to $799,000 per MLS® listings.

Sokana is described in MLS® listings as one of Penticton's newest resort-style communities, a short walk from Okanagan Lake. Seven units are active, $379,900–$799,000: one- and two-bedroom (some with a den) and three-bedroom units, built 2025–2026. Listings mention a pool, buying directly from the developer, and reduced prices.

7 activeOct 9, 2026
2025–2026Year built (per MLS® listings)
1–3 bedCurrent listings
$380K–$799KCurrent asking range

Listing addresses appear under both 271 Wylie Street and 270 Riverside Drive. Confirm GST and new home warranty.

Who Sokana Is For

Buyers wanting new construction near the lake and beaches

Sokana suits buyers who want a new condo with resort-style amenities in a walkable south-end location.

Because many units are sold directly by the developer, ask about GST, new home warranty, and what has been reduced.

📋 Sokana at a glance

  • 🏡Style: New condo apartments
  • 📍Location: 271 Wylie Street / 270 Riverside Drive, Penticton
  • 🏗️Built: 2025–2026 (per MLS® listings)
  • 📐Size: About 510–1,000 sq ft
  • 🏊Amenities: Pool per MLS® listing
  • 🏖️Nearby: Five-minute walk to Okanagan Lake per listing
What Buyers Need to Know

Buying at Sokana — the important details

📄 Strata Documents

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

🛡️ New Home Warranty & GST

Ask which warranty applies and how GST is handled.

📉 Price Reductions

Listings mention reductions. Ask what changed and compare with similar units.

💰 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 Sokana against other new Penticton condos and flag construction or maintenance concerns before you commit.

📄 BC Depreciation Report Rule

Since July 1, 2024, a strata corporation with five or more lots (bare land stratas included) can no longer defer a depreciation report by a ¾ vote. Outside Metro Vancouver, the Fraser Valley and the Capital Regional District, a strata with no report, or only one dated before December 31, 2020, has until July 1, 2027 to obtain one. See the full guide →

Market Snapshot — MLS® export of October 9, 2026

Market activity at Sokana

📋 Active Listings

7 active in the MLS® export of October 9, 2026 — $379,900 – $799,000

Dated snapshot: figures are from the MLS® active-listings export of October 9, 2026 and may not reflect availability, pricing or sales since that date. 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

Sokana — quick answers

When was Sokana built?

MLS® listings show 2025 to 2026.

Is there a pool?

One MLS® listing refers to a patio overlooking the pool. Confirm with the strata.

Relevant Guides

Free guides for condo and townhome buyers

Interested in Sokana?

Pat can compare Sokana against other new Penticton and South Okanagan condos.

Talk to PatAll Communities →