Property Type: Detached HouseOwnership: Freehold

16490 Commonage Road

Lake Country, BC V4V1B3

$1,199,000

4 bed4.5 bath5 parking2,779 sqftBuilt 2000
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Open House

Saturday, September 5

1:00 PM3:00 PM

Sunday, September 6

1:00 PM3:00 PM

Property Details

Property & Lot

Sub-type
House
Stories
2.5
Lot size
1.49 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,747.72

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Tile, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, Additional Parking

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 level23'1'' x 11'5''
StorageLower level12'1'' x 11'7''
Recreation roomLower level24'8'' x 23'11''
BedroomLower level11'2'' x 11'9''
3pc BathroomLower level5'6'' x 8'2''
Family roomSecond level8'0'' x 13'2''
BedroomSecond level11'8'' x 11'1''
BedroomSecond level11'7'' x 11'2''
5pc BathroomSecond level8'0'' x 11'5''
FoyerMain level7'8'' x 13'0''
Dining roomMain level16'1'' x 12'9''
KitchenMain level8'4'' x 12'9''
Living roomMain level24'5'' x 12'3''
Primary BedroomMain level11'8'' x 14'11''
4pc Ensuite bathMain level8'1'' x 9'7''
2pc BathroomMain level5'0'' x 4'7''

Listing Information

MLS®
10392224
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Set on a private 1.49-acres, this one-of-a-kind property offers beautiful views of Okanagan Lake and a lifestyle defined by space, serenity, and natural beauty. Built in 2000 and cherished by its original owner as a summer home, this 2.5-level home has been a peaceful escape designed for making lasting memories. Inside, the home is bright and welcoming, with impressive ceiling heights and an open layout. The main level flows seamlessly between the kitchen, dining, and living areas, anchored by a cozy gas fireplace and extending out to a spacious, recently updated view deck—ideal for indoor-outdoor living. The kitchen features an island with seating and newer fridge and range, and the primary bedroom with 4 pc ensuite is also on the main level, making the design very functional. Upstairs, two additional bedrooms share a versatile seating area with tranquil lake views—perfect as a reading nook, lounge, or home office. The lower level includes one more bedroom and a large recreation room that opens onto a ground-level patio, offering excellent potential for a suite or short-term rental. The property is fenced, and offers a sense of seclusion while being walking distance to two wineries, Gable & Coral beaches, and only 12 minutes drive to Lake Country shopping and Predator Ridge. With room to build a detached shop, this property delivers a rare combination of privacy, views, and authentic Okanagan charm. A truly special offering with a space and setting that is hard to replicate. (id:63159)

Values & Trends

This listing

$431/sqft

Building average

No other active listings in this building

Lake Country North West average

$509/sqft

34 active listing(s)

Parking: 5 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: Kelowna

Clear

12°C

Clear

Humidity 88%

Wind ENE 5 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Oyama Traditional SchoolElementary5.9 km
Davidson Road ElementaryElementary8.3 km
George Elliot SecondarySecondary10.7 km
Peter Greer ElementaryElementary11.0 km
HS Grenda Middle SchoolMiddle11.0 km
Okanagan Landing ElementaryElementary14.9 km
Ellison ElementaryElementary17.2 km
Clarence Fulton SecondaryElementary17.3 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: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,200.00
Periodic payment — Principal & Interest (monthly)$6,188.43
Additional monthly expenses (strata, tax, utilities, etc.)$617.98
Total monthly cost$6,806.41
Interest paid over 5-yr term$274,909.48
Balance at end of term$862,803.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,490.14

Cash Needed at Closing

Minimum down payment$94,900
Estimated BC PTT$21,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,380

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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