Property Type: Detached HouseOwnership: Leasehold

2240 Terrero Place

Westbank, BC V4T3B7

$1,137,900

3 bed3 bath4 parking2,966 sqftBuilt 2008
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Amenities

Also listed: Recreation Centre, RV Storage, Clubhouse

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.13 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Strata / maintenance fee
$316/mo
Annual property tax
$5,265.01

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning, See Remarks
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
StorageBasement11' x 7'7''
Recreation roomBasement25'1'' x 27'5''
Utility roomMain level16'2'' x 17'2''
DenBasement10'5'' x 20'
4pc BathroomBasement6'6'' x 8'
BedroomBasement10'4'' x 16'4''
Laundry roomMain level9'6'' x 6'11''
FoyerMain level8'11'' x 13'9''
BedroomMain level10'11'' x 14'4''
3pc BathroomMain level7'10'' x 5'6''
4pc Ensuite bathMain level8'9'' x 8'
Primary BedroomMain level17'6'' x 17'
Living roomMain level15'8'' x 16'6''
Dining roomMain level13'1'' x 13'2''
KitchenMain level13'5'' x 11'10''

Listing Information

MLS®
10392613
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

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

Description

Welcome to one of the most sought-after streets in Sonoma Pines, where panoramic lake & mountain views are the backdrop for daily life. This executive W/O rancher is your destination for living the high life in the Okanagan. Once inside, 9 ft ceilings & beautiful Brazilian hardwood draw you through the main living area, setting a tone that feels both refined & comfortable. The entertainer's kitchen, featuring quartz countertops & backsplash, large island, double oven stove & S/S fridge is sure to please. The open layout flows naturally into the main living area, where large windows make the space feel expansive & connect you to the views. The large deck with seamless glass railings, awning, ceiling fan & new flooring is a great place to sit back & relax. The primary bedroom is a true retreat with large WI closet with built-ins & new ensuite, finished in quartz counters & heated floors. A 2nd bedroom works beautifully as an office, and the laundry room with newer washer & dryer keeps everything tucked neatly away. Downstairs, 10 ft ceilings give the lower level an entirely different & generous quality- large family room with fireplace, 3rd bedroom, full bath, flex room, a convenient coffee & bar area, storage, & a large patio that's equally inviting for a quiet morning or an evening with friends. New A/C, oversized 20x25 garage with epoxy flooring & built-ins complete the picture. Two Eagles Golf Course, world-class wineries, restaurants & the Lake are just moments away. NO PTT OR SPEC TAX (id:63159)

Values & Trends

This listing

$384/sqft

Building average

No other active listings in this building

Westbank Centre average

$422/sqft

49 active listing(s)

Parking: 4 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

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
Sensisyusten House of Learning(Independent)Elementary1.5 km
Our Lady of Lourdes(Independent)Elementary/Middle1.8 km
Chief Tomat ElementaryElementary2.0 km
Shannon Lake ElementaryElementary2.6 km
Webber Road ElementaryElementary3.0 km
Constable Neil Bruce Middle SchoolElementary3.2 km
Glenrosa ElementaryElementary3.6 km
Glenrosa Middle SchoolMiddle3.6 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 (3)

  • Houston Pizza · 3610 Carrington Road796 m
  • Buster's Pizza and Donair · 3610 Carrington Road796 m
  • The Chopped Leaf · 3610 Carrington Road797 m

Parks (2)

  • Carrall Park250 m
  • Carate Park639 m

Shopping (1)

  • Winners · 3614 Carrington Road780 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($88,790) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$910,320.00
Periodic payment — Principal & Interest (monthly)$5,873.08
Additional monthly expenses (strata, tax, utilities, etc.)$902.65
Total monthly cost$6,775.73
Interest paid over 5-yr term$260,900.33
Balance at end of term$818,835.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$88,790
Stress test qualifying rate8.09%
Payment you must qualify for$8,067.29

Cash Needed at Closing

Minimum down payment$88,790
Estimated BC PTT$20,758
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,048

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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