Property Type: DuplexOwnership: Strata

3040 Landry Crescent

Summerland, BC V0H1Z9

$1,490,000

3 bed3 bath1 parking1,797 sqftBuilt 2024
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Duplex
Stories
2

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$437/mo
Annual property tax
$6,570.79

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

View
Lake view
Pool
Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, Heated Garage

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level23'3'' x 13'1''
DenSecond level10'3'' x 9'7''
BedroomSecond level12'1'' x 13'1''
BedroomSecond level15'4'' x 9'3''
4pc Ensuite bathSecond level12' x 6'9''
4pc BathroomSecond level4'11'' x 9'3''
Utility roomMain level3'3'' x 10'3''
Living roomMain level13'1'' x 13'1''
Laundry roomMain level6'7'' x 12'4''
KitchenMain level13'1'' x 9'10''
OtherMain level20'1'' x 9'11''
Dining roomMain level8'4'' x 13'
3pc BathroomMain level4'11'' x 8'5''

Listing Information

MLS®
10387142
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

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

Description

BRAND NEW~GST PAID~FULLY FURNISHED~ Lakefront Living in the Heart of the Okanagan. Discover a rare opportunity to own a premium residence in the master-planned Okanagan Lakeside community. This boutique collection of 45 paired and detached homes is set in Summerland, minutes from Penticton, Naramata, and world-class wineries and golf courses. Apex Ski Resort is also just a short drive away, making this the perfect year-round retreat. Enjoy easy access to the Penticton Airport (20 minutes) and Kelowna (45 minutes). Designed for lake life, this home features a stunning modern exterior with glass, stone, and wood detailing, and floor-to-ceiling windows that flood the interior with natural light. A spacious covered patio offers seamless indoor/outdoor living, complete with an outdoor kitchen for dining al fresco. Exclusive community amenities include a clubhouse with a pool, hot tub, fire pit, fitness center, and entertainment lounge. There are also EV charging stations and generous visitor parking. Inside, thoughtfully curated finishes include premium wood-grain luxury vinyl floors, custom cabinetry, black Riobel plumbing fixtures, and modern lighting throughout. Chef-inspired kitchen features high-end Fisher & Paykel appliances, engineered stone countertops, and a butcher block island. Bathrooms boast custom tile showers, luxurious vanities, & heated floors. Relax with peace of mind, knowing this community is backed by new home warranty and is free from BC's spec tax. (id:63159)

Values & Trends

This listing

$829/sqft

Building average

No other active listings in this building

Trout Creek average

$1,047/sqft

1 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

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Trout Creek ElementaryElementary1.7 km
Unisus Junior School(Independent)Elementary2.7 km
Unisus Senior School(Independent)Secondary2.7 km
Summerland Montessori School(Independent)Elementary3.6 km
Summerland SecondaryK-123.6 km
Naramata ElementaryElementary3.7 km
West Bench ElementaryElementary9.1 km
Queens Park ElementaryElementary10.0 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: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,192,000.00
Periodic payment — Principal & Interest (monthly)$7,690.38
Additional monthly expenses (strata, tax, utilities, etc.)$1,074.09
Total monthly cost$8,764.47
Interest paid over 5-yr term$341,630.63
Balance at end of term$1,072,207.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,504.06

Cash Needed at Closing

Minimum down payment$124,000
Estimated BC PTT$27,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,300

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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