Property Type: Detached HouseOwnership: Freehold

2698 Koyama Road

Lake Country, BC V4V1H5

$1,599,900

5 bed4 bath6 parking3,141 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.16 acres
Frontage
64 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,883.4

Interior

Basement
Full
Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Electric, Unknown
Flooring
Hardwood, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Stone, Stucco, Other
View
Lake view, Mountain view, Valley view, View (panoramic)
Pool
Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

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

Room Dimensions

RoomLevelDimensions
Full bathroomMain level5'1'' x 7'9''
KitchenAdditional Accommodation10'4'' x 12'7''
Utility roomBasement12'0'' x 13'9''
Full bathroomAdditional Accommodation8'0'' x 8'5''
4pc BathroomBasement4'9'' x 9'7''
Living roomAdditional Accommodation11'5'' x 12'7''
Primary BedroomAdditional Accommodation10'10'' x 12'11''
Family roomBasement14'9'' x 24'1''
BedroomBasement10'3'' x 11'11''
BedroomBasement11'3'' x 12'7''
BedroomMain level9'2'' x 11'6''
Laundry roomMain level8'0'' x 9'5''
PantryMain level5'2'' x 8'0''
Dining roomMain level10'7'' x 10'7''
Primary BedroomMain level11'10'' x 13'10''
5pc Ensuite bathMain level11'10'' x 12'5''
FoyerMain level9'2'' x 9'11''
KitchenMain level9'8'' x 11'10''
Living roomMain level17'3'' x 17'2''

Listing Information

MLS®
10396049
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Luxury, lifestyle, and flexibility come together in this gently lived-in, like-new rancher with walkout basement, stunning lake views, and a resort-style backyard. Offering 4 bedrooms and 3 full bathrooms in the main home, plus a high-end 1-bedroom legal suite with a private main-level entrance, separate hydro meter, and its own double driveway, this home is perfect for multigenerational living or mortgage-helper income. Prefer the extra space? Enjoy the home as a 5-bedroom, 4-bath residence. Throughout the home, you'll find 9' and 10' ceilings, solid quartz countertops, a butler's kitchen, Sonos sound system, hot water on demand, and an upgraded water filtration (carbon and sediment) and softener system. The covered deck is enhanced with four remote-controlled Talius Habitat screens, creating an exceptional outdoor living space with lake views. Designed for entertaining, the walkout basement features a spacious family room with wet bar, leading to your private backyard oasis complete with a 28' x 12' saltwater pool, extensive concrete decking, premium artificial turf, and a covered patio. The fully landscaped and irrigated front and side yard is complemented by mature peach and cherry trees. Complete with a double garage featuring UV-protected Polyaspartic flooring, this exceptional home offers luxury finishes, thoughtful design, and a great central location. (id:63159)

Values & Trends

This listing

$509/sqft

Building average

No other active listings in this building

Lake Country South West average

$647/sqft

52 active listing(s)

Parking: 6 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
Davidson Road ElementaryElementary1.1 km
George Elliot SecondarySecondary1.8 km
HS Grenda Middle SchoolMiddle2.0 km
Peter Greer ElementaryElementary2.3 km
Oyama Traditional SchoolElementary7.8 km
Aberdeen Hall Preparatory School(Independent)K-1212.2 km
Ellison ElementaryElementary12.6 km
North Glenmore ElementaryElementary13.0 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: 20.0% ($319,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,920.00
Periodic payment — Principal & Interest (monthly)$8,257.61
Additional monthly expenses (strata, tax, utilities, etc.)$647.28
Total monthly cost$8,904.89
Interest paid over 5-yr term$366,828.75
Balance at end of term$1,151,292.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,980
Stress test qualifying rate8.09%
Payment you must qualify for$9,842.14

Cash Needed at Closing

Minimum down payment$319,980
Estimated BC PTT$29,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,478

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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