Property Type: TownhouseOwnership: StrataNEW LISTING

4035 Gellatly Road Unit# 106

West Kelowna, BC V4T1R7

$525,000

2 bed2 bath2 parking1,303 sqftBuilt 1991
4
Walk Score
15
Bike
Walk Score® by Redfin
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
Ranch
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$219/mo
Annual property tax
$2,543

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Reserve Fund Contributions

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

Exterior features
Stucco
View
Mountain view
Waterfront
Waterfront on stream
Lot features
Level lot, Private setting, Treed

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
017-645-484

Parking

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

Restrictions & Policies

Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
FoyerMain level4'0'' x 6'8''
BedroomMain level11'1'' x 10'3''
4pc Ensuite bathMain level
3pc BathroomMain level
StorageMain level4'10'' x 12'0''
Dining roomMain level11'11'' x 7'10''
Primary BedroomMain level14'11'' x 11'9''
Living roomMain level25'9'' x 14'8''
KitchenMain level10'8'' x 11'8''

Listing Information

MLS®
10400701
Listed
September 14, 2026
Time on market
Listed today
Data last synced
September 14, 2026

Listing provided by: 2 Percent Realty Interior Inc. · Data source: CREA DDF.

Description

Welcome to sought-after Canyon Ridge! This beautifully maintained rancher offers easy one-level living in a quiet 55+ gated community surrounded by mature landscaping and peaceful creekside views. With level entry and no stairs, this ideal downsizer combines comfort and convenience in a park-like setting. Backing onto a serene water feature with mountain and hillside views, the private covered patio creates exceptional outdoor living. Sliding doors from the dining area and bright kitchen nook provide seamless indoor-outdoor flow while showcasing the beautiful creekside setting. The spacious open living and dining area features hardwood flooring, abundant natural light, a large bay window, and cozy brick fireplace. The bright white kitchen offers ample cabinetry, tile flooring, and a sunny window over the sink.The generous primary bedroom includes wood flooring, a walk-in closet, and spacious ensuite with double-sink vanity and tub/shower combo. A second bedroom and full bath with shower provide flexibility for guests. The attached garage features workshop space, shelving, workbench, utility sink, and extra storage, plus an enlarged crawl space accessed through the storage room offering rare additional storage space. Central A/C and driveway parking complete the package. Enjoy easy-care living close to Okanagan Lake, wineries, orchards, and recreation. A rare creekside opportunity—AVAILABLE AND EASY TO SHOW! (id:63159)

Values & Trends

This listing

$403/sqft

Building average

No other active listings in this building

Westbank Centre average

$399/sqft

27 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

Nearest station: Kelowna

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 79%

Wind S 13 km/h

Today

20°

Tonight

12°

Tuesday

20°

Tuesday night

Wednesday

23°

Wednesday night

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.

Nearby Schools

SchoolTypeDistance
Our Lady of Lourdes(Independent)Elementary/Middle1.3 km
Webber Road ElementaryElementary1.9 km
Glenrosa Middle SchoolMiddle2.5 km
Glenrosa ElementaryElementary3.0 km
Sensisyusten House of Learning(Independent)Elementary3.9 km
Helen Gorman ElementaryElementary4.2 km
Shannon Lake ElementaryElementary4.3 km
Chief Tomat ElementaryElementary4.4 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.

Nearby Places

Parks (1)

  • Gellatly Heritage Regional Park292 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$495.92
Total monthly cost$3,205.61
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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