Property Type: Condo / ApartmentOwnership: Strata

3434 McKinley Beach Drive Unit# 408

Kelowna, BC V1V0H3

$2,600,000

2 bed3 bath3 parking2,308 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Stories
2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$965/mo
Annual property tax
$8,057.69

Interior

Heating
Baseboard heaters, Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)
Waterfront
Other

Building

Roof
Other, Unknown

Parking

Total spaces
3 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
Dining roomMain level12'3'' x 17'6''
OtherSecond level11'6'' x 17'1''
Primary BedroomSecond level14'8'' x 11'7''
5pc Ensuite bathSecond level16'2'' x 11'7''
4pc BathroomSecond level12'0'' x 6'9''
Living roomMain level17'6'' x 18'6''
Laundry roomMain level5'6'' x 11'
KitchenMain level11'1'' x 21'4''
BedroomMain level12'2'' x 11'3''
4pc BathroomMain level12'0'' x 8'9''

Listing Information

MLS®
10369712
Listed
November 24, 2025
Time on market
On the market for 280 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan-Letnick Estates · Data source: CREA DDF.

Description

Experience luxury lakeside living in this brand-new modern penthouse in Granite III at McKinley Beach. Panoramic Okanagan Lake views set the tone the moment you walk in, framed by soaring vaulted ceilings and floor-to-ceiling windows that fill the open-concept space with natural light. The gourmet kitchen features an entertainment-sized island with wine fridge, high-gloss cabinetry, and professional-grade appliances. The great room flows onto a spacious lake-view terrace, perfect for outdoor dining, complete with built-in heaters for year-round comfort. This level also includes a generous bedroom with its own ensuite, all with heated tile floors. A dramatic two-storey tiled feature wall borders the floating glass staircase leading to the loft-style upper lounge, ideal as a reading nook, media room, or office. Voice-activated automatic blinds enhance comfort throughout. The primary suite is a private retreat, offering unobstructed lake views, a designer walk-in closet, and a stunning 5-piece marble ensuite with steam shower and heated tiles. The expansive rooftop terrace features an automated louvred roof with built-in fans, grilling area, hot-tub rough-in, and terrace heaters, creating an unmatched outdoor oasis. Steps from the sandy beach, marina, trails, parks, tennis courts, and outdoor gym, Granite residents also enjoy a sauna and outdoor pool. Three parking stalls sit conveniently next to the elevator. This penthouse delivers Okanagan luxury at its finest. (id:63159)

Values & Trends

This listing

$1,127/sqft

Building average

$465/sqft

1 active listing(s)

McKinley Landing average

$636/sqft

4 active listing(s)

Parking: 3 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

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

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.

Nearby Schools

SchoolTypeDistance
HS Grenda Middle SchoolMiddle5.7 km
George Elliot SecondarySecondary5.8 km
Peter Greer ElementaryElementary6.3 km
North Glenmore ElementaryElementary6.6 km
Aberdeen Hall Preparatory School(Independent)K-126.6 km
Davidson Road ElementaryElementary7.0 km
Dr Knox Middle SchoolMiddle7.2 km
Watson Road ElementaryElementary8.4 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($520,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,080,000.00
Periodic payment — Principal & Interest (monthly)$13,419.45
Additional monthly expenses (strata, tax, utilities, etc.)$1,751.77
Total monthly cost$15,171.23
Interest paid over 5-yr term$596,133.98
Balance at end of term$1,870,966.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$520,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,994.47

Cash Needed at Closing

Minimum down payment$520,000
Estimated BC PTT$56,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,500

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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