Property Type: Condo / ApartmentOwnership: Strata

3340 Lakeshore Road Unit# 709

Kelowna, BC V1W0H6

$939,900

2 bed2 bath2 parking1,049 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$506/mo
Annual property tax
$4,215.08

Interior

Heating
Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Ceramic Tile, Vinyl
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave, Oven - Built-In

Exterior & Lot

Exterior features
Other
View
City view, Lake view, Mountain view
Pool
Outdoor pool
Lot features
Central island, One Balcony

Building

Roof
Other, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
032-645-422

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Parkade, Additional Parking

Restrictions & Policies

Pets
Allowed, 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
Full bathroomMain level7'9'' x 5'5''
BedroomMain level10'0'' x 12'0''
Full bathroomMain level6'1'' x 10'9''
KitchenMain level4'9'' x 12'6''
Primary BedroomMain level11'2'' x 8'8''
Living roomMain level11'7'' x 10'2''

Listing Information

MLS®
10388465
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 29, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Welcome to Unit 709 at MOVALA — Kelowna’s newest benchmark in luxury lakeside living. Perfectly positioned in the heart of the Lower Mission, this stunning residence offers sophisticated modern design paired with the unmatched Okanagan lifestyle. Thoughtfully designed with upscale finishes, expansive windows, and a seamless indoor-outdoor flow, this home captures beautiful natural light and showcases breathtaking views of the lake, mountains, and city surroundings. The open-concept layout blends comfort and elegance, featuring a lovely kitchen with contemporary cabinetry, premium appliances, and a private terrace designed for year-round enjoyment. At MOVALA, everyday living feels like a luxury retreat. Residents enjoy an exceptional collection of resort-inspired amenities including an outdoor pool and hot tub, fully equipped fitness centre, dedicated yoga studio, elegant fireside lounges, entertainment and social spaces, games room, peaceful library, modern co-working spaces, guest suites for visiting family and friends, and beautifully curated outdoor gathering areas designed to embrace the Okanagan lifestyle. Located just steps from Gyro Beach, Pandosy Village, waterfront walking paths, boutique shopping, cafés, restaurants, and everyday conveniences, this is Kelowna living at its finest. Whether you’re seeking a full-time residence, luxury retreat, or investment opportunity, Unit 709 presents a rare opportunity to own in one of Kelowna’s most anticipated waterfront communities. (id:63159)

Values & Trends

This listing

$896/sqft

Building average

No other active listings in this building

Lower Mission average

$668/sqft

80 active listing(s)

Parking: 2 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

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

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

67

7/9 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
Raymer ElementaryElementary892 m
Casorso ElementaryElementary954 m
KLO Middle SchoolMiddle1.1 km
Kelowna SecondarySecondary1.2 km
Immaculata Regional High School(Independent)Secondary2.0 km
A S Matheson ElementaryElementary2.3 km
St Joseph Elementary School(Independent)Elementary2.5 km
de l'Anse-au-sableK-122.5 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 (5+)

  • Bless'd Sips & Slices · 3377 Lakeshore Road145 m
  • T-ONE Restaurant · 3477 Lakeshore Road286 m
  • Shore Line Brewing · 3477 Lakeshore Road302 m
  • kb&co · 3477 Lakeshore Road346 m
  • The Canadian Brewhouse · 3030 Pandosy Street579 m

Cafes (5+)

  • Half Blind Bean Coffee190 m
  • Tim Hortons213 m
  • Starbucks331 m
  • Bean scene735 m
  • Bread Co.747 m

Grocery (3)

  • Save-On-Foods241 m
  • Urban Fare368 m
  • Lakview Market582 m

Parks (5+)

  • Watt Road Beach Access148 m
  • Watt Park285 m
  • Boyce-Gyro Beach Park294 m
  • Fascieux Creek Wetland416 m
  • waterfront park541 m

Gyms (2)

  • The Athlete Den Training & Rehab Studio Inc. · 3320 Richter Street167 m
  • Orangetheory Fitness · 590 K.L.O. Road548 m

Pharmacies (1)

  • Pharmasave335 m

Banks & ATMs (3)

  • BMO266 m
  • TD472 m
  • RBC Royal Bank540 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($68,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$751,920.00
Periodic payment — Principal & Interest (monthly)$4,851.13
Additional monthly expenses (strata, tax, utilities, etc.)$909.60
Total monthly cost$5,760.73
Interest paid over 5-yr term$215,502.43
Balance at end of term$676,354.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$68,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,696.99

Cash Needed at Closing

Minimum down payment$68,990
Estimated BC PTT$16,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$87,288

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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