Property Type: TownhouseOwnership: Leasehold

112-1 7841 Highway 97 N Highway

Kelowna, BC V4V1E7

$376,000

2 bed2 bath2 parking1,292 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Leasehold
Strata / maintenance fee
$548/mo
Annual property tax
$2,137.13

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Reserve Fund Contributions

Interior

Heating
Forced air, See remarks
Cooling / A/C
Window air conditioner
Fireplace
Yes (1)
Fireplace type
Insert

Exterior & Lot

View
Lake view

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, Other

Restrictions & Policies

Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherMain level12' x 14'
StorageMain level12' x 20'
BedroomMain level12' x 13'
Full ensuite bathroomMain level6' x 9'
Primary BedroomMain level13' x 15'
Full bathroomMain level12'
Living roomMain level16' x 20'
OtherMain level6' x 10'
KitchenMain level12' x 13'
FoyerMain level4' x 6'

Listing Information

MLS®
10391457
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

No PTT - No Spec Tax ~ Strata/HOA Docs Available ~ Crown Lease Prepaid until 2054. Current Lease is being Discussed Regarding an Extension [nothing pending as of yet]~Pet Friendly, only restriction is no vicious breeds (see bylaws for list) ~ No rental restrictions with the exception of Short Term Rentals/AirBnb (nothing less than 28 consecutive days) ~ RV Storage is free [if space is available] in the compound. This is an Upper Level Unit with Vaults, Skylight and 2 Large Bedrooms with 2 Full Bathrooms. Just under 1300 sq ft. [measurements are approx.] Very Nice Overall Condition... 20' x 12' [oversize] garage that has been customized to accommodate as much storage as possible. 2 dedicated parking spots for the unit and more available through the Strata. Built In Central Vac [container is in the garage] Wonderful Lake Views from the Upper Deck. (id:63159)

Values & Trends

This listing

$291/sqft

Building average

No other active listings in this building

Lake Country East / Oyama average

$434/sqft

7 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Aberdeen Hall Preparatory School(Independent)K-125.2 km
HS Grenda Middle SchoolMiddle5.3 km
George Elliot SecondarySecondary5.6 km
Ellison ElementaryElementary5.6 km
Peter Greer ElementaryElementary5.6 km
North Glenmore ElementaryElementary6.6 km
Dr Knox Middle SchoolMiddle7.1 km
Davidson Road ElementaryElementary7.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,800.00
Periodic payment — Principal & Interest (monthly)$1,940.66
Additional monthly expenses (strata, tax, utilities, etc.)$790.94
Total monthly cost$2,731.60
Interest paid over 5-yr term$86,210.14
Balance at end of term$270,570.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,800
Stress test qualifying rate8.09%
Payment you must qualify for$2,746.74

Cash Needed at Closing

Minimum down payment$18,800
Estimated BC PTT$5,520
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,820

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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