Property Type: Condo / ApartmentOwnership: Strata

2120 Shannon Ridge Drive Unit# 304

West Kelowna, BC V4T2Z3

$529,000

3 bed3.5 bath1 parking1,402 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1.5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$527/mo
Annual property tax
$1,900

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Flooring
Laminate

Exterior & Lot

Exterior features
Stone, Wood siding
View
Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
StorageBasement4'0'' x 9'4''
4pc BathroomSecond level4'11'' x 8'3''
BedroomSecond level11'5'' x 16'7''
4pc Ensuite bathMain level8'7'' x 9'2''
Primary BedroomMain level12'7'' x 20'10''
Partial bathroomMain level4'11'' x 7'9''
BedroomMain level10'6'' x 12'3''
Dining roomMain level12'6'' x 8'1''
KitchenMain level11'1'' x 9'2''
Living roomMain level12'6'' x 12'0''

Listing Information

MLS®
10372662
Listed
January 14, 2026
Time on market
On the market for 229 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Welcome to your move-in ready Penthouse Loft. This home is centrally located in beautiful Shannon Lake, positioned in the heart of Okanagan living. With close proximity to all schools, lakes, golf courses, trails, wineries and shopping, Shannon Lake hosts an abundance of activity and convenience while retaining its small community charm. Beautifully updated with a stone feature wall surrounding your fireplace and entertainment area, stainless steel appliances, creative custom pantry, reverse osmosis water filtration, granite countertops, new en-suite glass tiled shower and fresh paint. Accompanied by 19 foot ceilings, vaulted in both the main floor and primary suite, this home provides the benefits of 'loft living' while retaining your privacy when hosting family and friends. Amenities and features include a rental guest suite, along with a residents fitness center. Underground consists of one designated storage locker and parking stall with the option to rent an additional parking space. (id:63159)

Values & Trends

This listing

$377/sqft

Building average

$359/sqft

5 active listing(s)

Shannon Lake average

$404/sqft

18 active listing(s)

Parking: 1 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

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 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
Constable Neil Bruce Middle SchoolElementary589 m
Shannon Lake ElementaryElementary712 m
Mount Boucherie SecondarySecondary1.7 km
Sensisyusten House of Learning(Independent)Elementary1.9 km
Chief Tomat ElementaryElementary2.0 km
Hudson Road ElementaryElementary3.0 km
Mar Jok ElementaryElementary3.3 km
Our Lady of Lourdes(Independent)Elementary/Middle3.7 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

Parks (5+)

  • Unnamed133 m
  • Shannon Springs Park196 m
  • Shannon Way Park391 m
  • Terravita Walkway400 m
  • Shannon Ridge Park470 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,200.00
Periodic payment — Principal & Interest (monthly)$2,730.34
Additional monthly expenses (strata, tax, utilities, etc.)$755.33
Total monthly cost$3,485.68
Interest paid over 5-yr term$121,290.34
Balance at end of term$380,669.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,853.28

Cash Needed at Closing

Minimum down payment$27,900
Estimated BC PTT$8,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,980

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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