Property Type: TownhouseOwnership: Freehold

1308 CEDAR Street Unit# 4

Okanagan Falls, BC V0H1R4

$615,000

3 bed3.5 bath2 parking1,584 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Freehold
Strata / maintenance fee
$370/mo
Annual property tax
$2,060.81

Interior

Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Other
View
Mountain view, River view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

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
Primary BedroomSecond level11'0'' x 14'1''
Living roomMain level14'0'' x 15'6''
KitchenMain level10'10'' x 15'3''
Dining roomMain level10'3'' x 10'10''
BedroomSecond level11'2'' x 12'0''
BedroomSecond level9'3'' x 10'0''
4pc BathroomSecond level
4pc BathroomSecond level
2pc BathroomMain level

Listing Information

MLS®
10393366
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Welcome to Lemonade Lane – Home 4 Show Home Unit Discover this exceptional 3 bedroom, 3 bathroom townhome in the highly sought-after community of Okanagan Falls, part of the boutique Lemonade Lane development. Situated in Phase 1, Home 4 holds the distinction of being the show home unit, thoughtfully upgraded with custom built-in seating and enhanced storage, making it truly one-of-a-kind. Designed in a Scandinavian farmhouse style, the home exudes a clean, modern aesthetic. The main living level features 9-foot ceilings, offering a bright, open-concept space that feels both spacious and welcoming. A bright and airy kitchen serves as the heart of the home, complete with a premium appliance package—ideal for everyday meals or entertaining guests. Upstairs, you’ll find three generously sized bedrooms, including a comfortable primary suite, along with the convenience of same-level laundry. The bathrooms are a standout, blending warm wood and natural stone tones with tile that seamlessly wraps from the floors onto the walls, creating a spa-like retreat. Step outside and enjoy your private outdoor space, perfect for barbecues, relaxing, or hosting friends and family. The home also includes a single-car garage and is located just a short drive from some of the South Okanagan’s most desirable amenities—award-winning wineries, world-class golf courses, Apex Ski Resort, and the vibrant city of Penticton. This home is also GST exempt for qualified first-time home buyers. All measurements are approximate. Contact the listing representative today for more information and to schedule your private showing. (id:63159)

Values & Trends

This listing

$388/sqft

Building average

$450/sqft

2 active listing(s)

Okanagan Falls average

$354/sqft

4 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

Nearest station: Penticton

Mainly Clear

17°C

Mainly Clear

Humidity 67%

Wind NE 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

5/9 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
Okanagan Falls ElementaryElementary284 m
Kaleden ElementaryElementary5.5 km
Princess Margaret SecondarySecondary13.7 km
Wiltse ElementaryElementary14.6 km
Holy Cross School(Independent)Elementary/Middle16.2 km
Columbia ElementaryElementary16.3 km
Penticton Christian School(Independent)K-1216.6 km
Entre-lacsElementary/Middle16.9 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.

Nearby Places

Cafes (1)

  • Rise and Shine Coffee House715 m

Parks (2)

  • Keogan Park351 m
  • Centennial Park409 m

Shopping (1)

  • Unnamed · 5350 9th Avenue680 m

Pharmacies (1)

  • Pharmasave603 m

Banks & ATMs (1)

  • Interior Savings & Credit Union · 4929 9th Avenue676 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.9% ($36,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$492,000.00
Periodic payment — Principal & Interest (monthly)$3,174.22
Additional monthly expenses (strata, tax, utilities, etc.)$621.00
Total monthly cost$3,795.22
Interest paid over 5-yr term$141,008.61
Balance at end of term$442,555.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,448.46

Cash Needed at Closing

Minimum down payment$36,500
Estimated BC PTT$10,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,300

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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