415 Commonwealth Road Unit# 307
Kelowna, BC V4V1P4
$139,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.05 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Leasehold
- Annual property tax
- $403
Interior
- Fireplace
- None
Restrictions & Policies
- Pets
- Restrictions apply, Allowed with restrictions
- Rentals
- Allowed with restrictions
- 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.
Listing Information
- MLS®
- 10391707
- Listed
- June 18, 2026
- Time on market
- On the market for 75 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.
Description
Welcome Home to 307 Lake Lane! Enjoy the resort lifestyle on this private, fully fenced Standard site in the gated community of Holiday Park Resort. An insulated shed and small garden bed are included with this large 2,365 sq. ft site. The generous size of this lot will accommodate larger units while paying lower maintenance fees but can easily be upgraded to a Park Model lot if desired. The location is ideal as you are steps away from the on-site restaurant “Thyme at Ellison Lake”, outdoor pool & hot tub, shuffleboard court and 24hr laundry facility. Walk to the Recreation Complex where you will find the gym, indoor pool, hot tub, hair salon, dinners and dances, Zumba, yoga and lots of social activities. The lease term goes to 2046. The leases are registered with the Federal Government. Property Taxes are payable to the City of Kelowna. There is no Property Transfer Tax. Long and short term rentals allowed. The 2026 Annual Maintenance Fee is $5186 and is due and payable in January of each year. This includes security, water, sewer, use of the amenities, maintenance of the common areas and roads, snow removal and garbage disposal area. Other amenities include golf course, library, billiards, games room, coin laundry, Upfront Market. a woodworking shop. The Rail Trail is easily accessible for biking or walking. (40311327) (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)
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
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.
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
| School | Type | Distance |
|---|---|---|
| HS Grenda Middle School | Middle | 2.9 km |
| George Elliot Secondary | Secondary | 3.1 km |
| Peter Greer Elementary | Elementary | 3.1 km |
| Davidson Road Elementary | Elementary | 5.7 km |
| Aberdeen Hall Preparatory School(Independent) | K-12 | 7.7 km |
| Ellison Elementary | Elementary | 7.8 km |
| North Glenmore Elementary | Elementary | 9.0 km |
| Dr Knox Middle School | Middle | 9.5 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 (1)
- The Italian Kitchen415 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($6,950) — 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.





