Property Type: Condo / ApartmentOwnership: Strata

12811 Lakeshore Drive S Unit# 410/411

Summerland, BC V0H1Z1

$479,900

2 bed2 bath936 sqftBuilt 2007
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Amenities

Also listed: Recreation Centre, Sauna, Whirlpool, Cable TV

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,553/mo
Annual property tax
$2,808

Maintenance Fee Includes

WaterGarbageManagementHeat

Also included: Cable TV, Ground Maintenance, Electricity, Insurance, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Heat Pump, Electric, Geothermal
Cooling / A/C
Heat Pump, Geothermal
Fireplace
None
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Other
View
Lake view
Pool
Outdoor pool

Parking

Features
Additional Parking

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level8'0'' x 9'6''
4pc BathroomMain level9'8'' x 5'6''
Dining roomMain level9'11'' x 6'10''
Living roomMain level12'11'' x 10'9''
KitchenMain level10'11'' x 12'10''
Primary BedroomMain level13'5'' x 22'8''
BedroomMain level9'8'' x 16'6''

Listing Information

MLS®
10382956
Listed
April 10, 2026
Time on market
On the market for 143 days
Data last synced
August 28, 2026

Listing provided by: Parker Real Estate · Data source: CREA DDF.

Description

Welcome to one of the most desirable and flexible suites at the Summerland Waterfront Resort- widely regarded as offering the best amenities in the South Okanagan. This rare ground-level, south-facing double suite (units 410 & 411) features two patios that walk out to greenspace and a quaint sandy beach, offering privacy, sunshine, and unbeatable views. The thoughtfully designed layout includes a lock-off option, or use the whole double suite! Featuring two bedrooms, two full bathrooms, a full kitchen with granite countertops, a bright and open living space with a cozy fireplace, and a large walk-out patio with views of Okanagan Lake. This resort-style property is professionally managed and includes top-tier amenities: outdoor pool, hot tub, sauna, spa, cafe, sundeck, beachfront access, boat docks, BBQ areas, underground parking, fitness centre, and boat/bike rentals. Strata fees cover heating, electricity, cable TV, management, and all resort amenities. Owners may use the suite a certain amount per year, with mandatory participation in the rental pool for the remaining time- generating strong and growing revenue. Whether you're seeking a luxurious vacation retreat, or a place for extended family stays (with an income-generating bonus!) this turnkey lakeside property delivers. Don’t miss this rare opportunity...start earning Summer 2026 income today. (id:63159)

Values & Trends

This listing

$513/sqft

Building average

No other active listings in this building

Lower Town average

$469/sqft

15 active listing(s)

Parking: Not indicatedStorage 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

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Summerland SecondaryK-121.9 km
Summerland Montessori School(Independent)Elementary2.3 km
Unisus Senior School(Independent)Secondary2.9 km
Unisus Junior School(Independent)Elementary2.9 km
Trout Creek ElementaryElementary3.9 km
Naramata ElementaryElementary4.4 km
West Bench ElementaryElementary11.2 km
Queens Park ElementaryElementary12.2 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.

Nearby Places

Restaurants (1)

  • Shaughnessy’s Cove · 12817 South Lakeshore Drive29 m

Cafes (1)

  • Unnamed32 m

Parks (2)

  • Kinsmen Park208 m
  • Unnamed509 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,920.00
Periodic payment — Principal & Interest (monthly)$2,476.92
Additional monthly expenses (strata, tax, utilities, etc.)$1,833.74
Total monthly cost$4,310.66
Interest paid over 5-yr term$110,032.58
Balance at end of term$345,337.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,505.75

Cash Needed at Closing

Minimum down payment$23,995
Estimated BC PTT$7,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,093

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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