A boutique project of four three-level townhomes at 463 Wade Avenue by MS Developers, listed $679,000–$689,000 per MLS® listings.
The Wade Residences is described in MLS® listings as a boutique collection of four modern townhomes by MS Developers, a five-minute walk from Okanagan Lake. Four homes of about 1,430 sq ft over three levels with a single-car garage are active, $679,000–$689,000. Listings gave an expected completion of July 2026; confirm the current status.
The listings state expected completion of July 2026. Verify completion and occupancy status.
The Wade Residences suits buyers who want a new townhome near downtown and the lake with a garage.
Ask for the completion certificate, warranty and strata documents.
Review bylaws, minutes, depreciation report, reserve fund and any planned special levies before you write an offer.
Confirm completion, occupancy permit and deficiency process.
Ask which warranty applies and how GST is handled.
Strata or pad fees, property tax, insurance and any levies — confirm exactly what the monthly charge covers.
Pat can compare The Wade Residences against other new Penticton townhomes and flag construction or maintenance concerns before you commit.
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 →
4 active in the MLS® export of October 9, 2026 — $679,000 – $689,000
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.
MLS® listings name MS Developers.
Four per MLS® listings.
Pat can compare The Wade Residences against other new Penticton townhomes.
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