Property Type: OtherOwnership: Leasehold

415 Commonwealth Road Lot# 124

Lake Country, BC V4V1P4

$110,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.07 acres

Ownership & Fees

Property type
Other
Ownership
Leasehold
Strata / maintenance fee
$0/mo
Annual property tax
$464.45

Interior

Fireplace
None

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Age / occupancy
Seniors-oriented community

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

Listing Information

MLS®
10391020
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Welcome to the 'Sweetlife' at Holiday Park Resort! BCs version of ""Myrtle Beach""! This is rare opportunity to own an expansive CORNER LOT of Paradise at Holiday Park Resort (HPR). HPR offers LOCATION, LOCATION Plus! Located between Kelowna and Vernon with close access to Kelowna International Airport and UBC Okanagan. Your RESORT lifestyle offers 4 pools (saltwater, outdoor family, lap and indoor), hot tubs, sports courts, fitness, games and library facilities PLUS a 6 hole golf course, an on-site hairdresser, convenience store and THYME Restaurant. Residents can enjoy extensive amenities including a fenced off dog park, garden spaces, bike rentals, paddle boards, canoes, or just a leisurely day enjoying the beach at Duck Lake with your own park access. The Annual Maintenance fee covers 24 hour security, water, sewer, snow removal, recycling and garbage disposal and common area upkeep. Site 124 Play Street is centrally located in the Park (see the site map) and is close to everything. It's ideal for a seasonal vacation retreat, year round living, a smart investment (short or long term rentals allowed)and is a low maintenance site with electrical and sewer available. Experience the perfect blend of comfort, convenience and community. Yearly maintenance fee of $5762.72 reviewed regularly. Property is leased until 2046. No property transfer tax. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Lake Country East / Oyama average

$381/sqft

57 active listing(s)

Parking: Not indicatedStorage 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

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

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
HS Grenda Middle SchoolMiddle2.7 km
George Elliot SecondarySecondary2.9 km
Peter Greer ElementaryElementary2.9 km
Davidson Road ElementaryElementary5.5 km
Aberdeen Hall Preparatory School(Independent)K-127.9 km
Ellison ElementaryElementary7.9 km
North Glenmore ElementaryElementary9.1 km
Dr Knox Middle SchoolMiddle9.7 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 (1)

  • The Italian Kitchen232 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($5,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$88,000.00
Periodic payment — Principal & Interest (monthly)$567.75
Additional monthly expenses (strata, tax, utilities, etc.)$38.70
Total monthly cost$606.45
Interest paid over 5-yr term$25,221.05
Balance at end of term$79,156.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,500
Stress test qualifying rate8.09%
Payment you must qualify for$803.57

Cash Needed at Closing

Minimum down payment$5,500
Estimated BC PTT$1,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$8,100

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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