Property Type: TownhouseOwnership: Strata

2735 Shannon Lake Road Unit# 503

West Kelowna, BC V4T1V6

$739,000

3 bed3.5 bath4 parking1,724 sqftBuilt 2025
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$293/mo
Annual property tax
$0

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Carpeted, Vinyl

Exterior & Lot

Exterior features
Brick, Stone, Other
View
Mountain view, View (panoramic)
Waterfront
Waterfront on lake

Building

Roof
Asphalt shingle, Unknown

Parking

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

Restrictions & Policies

Pets
Allowed, Restrictions apply, 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
OtherBasement22'0'' x 25'5''
Utility roomBasement6'7'' x 8'1''
OtherSecond level18'1'' x 25'1''
OtherSecond level3'9'' x 7'0''
5pc Ensuite bathSecond level5'0'' x 10'9''
Primary BedroomSecond level10'8'' x 13'11''
BedroomSecond level10'0'' x 10'11''
3pc BathroomSecond level5'0'' x 7'11''
BedroomSecond level7'0'' x 11'4''
Dining roomMain level10'0'' x 12'6''
Living roomMain level12'0'' x 15'0''
PantryMain level6'0'' x 5'0''
KitchenMain level12'7'' x 15'7''
2pc BathroomMain level6'0'' x 5'0''
FoyerMain level8'0'' x 8'0''

Listing Information

MLS®
10378302
Listed
March 6, 2026
Time on market
On the market for 178 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Lakeside living perfected at Shannon Lake. This stunning B2 floorplan home offers a sophisticated ""dark"" color palette and a layout designed for a modern lifestyle. Featuring 2 spacious bedrooms plus a versatile separate den, the highlight of this residence is the impressive rooftop patio—perfect for taking in the serene surroundings. The interior boasts contemporary luxury with quartz countertops, dual-tone cabinetry, durable vinyl plank flooring, and a premium stainless-steel appliance package featuring a wall oven/microwave. Enjoy an airy feel with 9-foot ceilings across the main and second floors, complemented by a double attached garage for ample storage. Located in a sought-after community nestled between Shannon Lake Golf Course and Regional Park, you are steps away from fishing, golfing, and urban forest trails. The world-class amenities center includes: Fitness Center & Yoga Studio, Pickleball Courts & Games Room, Private Theatre & Meeting Rooms, BBQ Lounge Area. Complete with a full-sized washer/dryer and expansive decks, this home is move in ready this Spring. Experience the best of the Okanagan lifestyle in a dynamic, established neighborhood. 8 Units left in development. (id:63159)

Values & Trends

This listing

$429/sqft

Building average

$461/sqft

3 active listing(s)

Shannon Lake average

$395/sqft

13 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

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

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

7

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
Shannon Lake ElementaryElementary867 m
Constable Neil Bruce Middle SchoolElementary1.3 km
Mount Boucherie SecondarySecondary2.3 km
Sensisyusten House of Learning(Independent)Elementary2.5 km
Chief Tomat ElementaryElementary2.8 km
Mar Jok ElementaryElementary3.6 km
Hudson Road ElementaryElementary3.6 km
Glenrosa ElementaryElementary3.8 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+)

  • Boulder Park279 m
  • Stonegrove Park287 m
  • Cobblestone Park358 m
  • Tallus Park435 m
  • Shannon Lake Regional Park534 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$591,200.00
Periodic payment — Principal & Interest (monthly)$3,814.22
Additional monthly expenses (strata, tax, utilities, etc.)$378.60
Total monthly cost$4,192.82
Interest paid over 5-yr term$169,439.62
Balance at end of term$531,786.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,306.63

Cash Needed at Closing

Minimum down payment$48,900
Estimated BC PTT$12,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,180

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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