3389 Lakeshore Road Unit# 407
Kelowna, BC V1W3S9
$688,800
Amenities
Also listed: Party Room, Sauna, Whirlpool
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $393/mo
- Annual property tax
- $3,164.79
Maintenance Fee Includes
Also included: Ground Maintenance, Insurance, Recreation Facilities, Reserve Fund Contributions
Interior
- Heating
- Heat Pump, Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, View (panoramic)
- Pool
- Inground pool
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed, Restrictions apply
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 7'10'' x 10'6'' |
| 4pc Bathroom | Main level | 8'1'' x 4'11'' |
| Kitchen | Main level | 9'9'' x 11'10'' |
| Primary Bedroom | Main level | 10'2'' x 13'4'' |
| Living room | Main level | 11'3'' x 11'10'' |
Listing Information
- MLS®
- 10392786
- Listed
- June 29, 2026
- Time on market
- On the market for 63 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Okanagan-Letnick Estates · Data source: CREA DDF.
Description
A rare opportunity to own a quality Kelowna vacation home with short-term rental flexibility. This is the best-priced offering at Caban by Cressey, one of Kelowna’s premier beachfront communities and one of the few concrete buildings in the area permitting short-term rentals. Set at the quieter north end of the building, this private corner residence offers a peaceful setting away from the pool and street, while still steps from resort-style amenities, Gyro Beach and Pandosy Village. Thoughtfully designed with Cressey’s signature quality, the home features soaring ceilings, oversized windows, elevated finishings and a highly functional layout ideal for a lock-and-leave retreat, full-time residence or income-generating Airbnb investment. The kitchen showcases integrated premium appliances like a 6 burner JennAir gas range, Caesarstone quartz countertops, Italian cabinetry and smart storage solutions for effortless everyday living. Located in the heart of Lower Mission, you're just steps from neighbourhood favourites like Deville Coffee and Sandrine, along with restaurants, Mission Plaza and the top beaches. Residents and guests enjoy resort-style amenities including a 25 metre lap pool, hot tub, Himalayan salt sauna, well-equipped fitness centre and poolside lounge areas. This 2 bedroom residence offers one of the best-value entry points into this rarely available, high-quality concrete build in one of Kelowna’s most desirable Okanagan vacation destinations. (id:63159)
Values & Trends
This listing
$1,004/sqft
Building average
$899/sqft
1 active listing(s)
Lower Mission average
$666/sqft
80 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Casorso Elementary | Elementary | 766 m |
| Raymer Elementary | Elementary | 982 m |
| KLO Middle School | Middle | 1.0 km |
| Kelowna Secondary | Secondary | 1.2 km |
| Immaculata Regional High School(Independent) | Secondary | 1.9 km |
| A S Matheson Elementary | Elementary | 2.4 km |
| de l'Anse-au-sable | K-12 | 2.4 km |
| Kelowna Christian School(Independent) | K-12 | 2.5 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 Road74 m
- T-ONE Restaurant · 3477 Lakeshore Road108 m
- Shore Line Brewing · 3477 Lakeshore Road142 m
- kb&co · 3477 Lakeshore Road180 m
- The Canadian Brewhouse · 3030 Pandosy Street701 m
Cafes (3)
- Half Blind Bean Coffee159 m
- Tim Hortons214 m
- Starbucks441 m
Grocery (3)
- Save-On-Foods310 m
- Urban Fare431 m
- Lakview Market695 m
Parks (5+)
- Boyce-Gyro Beach Park186 m
- Watt Road Beach Access326 m
- Fascieux Creek Wetland393 m
- Watt Park470 m
- waterfront park707 m
Gyms (2)
- The Athlete Den Training & Rehab Studio Inc. · 3320 Richter Street148 m
- Orangetheory Fitness · 590 K.L.O. Road647 m
Pharmacies (1)
- Pharmasave395 m
Banks & ATMs (3)
- BMO375 m
- TD537 m
- RBC Royal Bank662 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
Other Listings in This Building
Other units currently listed in the same building. 3389 Lakeshore Road
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($43,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.