Property Type: Condo / ApartmentOwnership: Strata

4205 Gellatly Road Unit# 238

West Kelowna, BC V4T2K2

$699,800

3 bed3 bath1 parking1,620 sqftBuilt 2006
Get Directions

Amenities

Also listed: Storage - Locker, Recreation Centre, Whirlpool, Cable TV, Racquet Courts

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,154/mo
Annual property tax
$4,278.49

Maintenance Fee Includes

WaterGarbageManagementHeat

Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air, Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
None
Flooring
Tile, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, View (panoramic)
Waterfront
Waterfront on lake
Pool
Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
Family roomBasement13'6'' x 9'0''
Laundry roomMain level6'4'' x 8'0''
OtherMain level6' x 20'
4pc BathroomMain level7'6'' x 8'0''
4pc BathroomMain level5'0'' x 7'8''
5pc Ensuite bathMain level8'6'' x 12'0''
BedroomMain level9'8'' x 8'9''
BedroomMain level11'9'' x 12'0''
Primary BedroomMain level12'0'' x 13'10''
KitchenMain level8'0'' x 10'0''
Dining roomMain level12'4'' x 16'0''
Living roomMain level13'6'' x 12'0''

Listing Information

MLS®
10396632
Listed
August 1, 2026
Time on market
On the market for 30 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Lakeside Luxury at The Cove – Massive Wraparound Balcony! This rare corner/end suite at The Cove Lakeside Resort offers the perfect blend of comfort and lifestyle with a massive 730 sq ft wraparound covered balcony—one of the largest at the resort! Enjoy peek-a-boo lake views, serene park-side tranquility, and exposures in all directions (E/N/S/W), making this a truly special space to relax and entertain. The intelligently designed floor plan features 3 bedrooms and 3 full bathrooms, including two primary suites with ensuites, plus a guest bedroom and full bath. The “U”-shaped kitchen with bar seating flows into the dining, family, and living areas, flooded with natural light from expansive windows. The living room boasts a stylish “Don Quixote” feature wall, while the cozy family room offers peaceful park views. Extras include an independent laundry/storage room, three lock-off closets, and 3 balcony access points. Whether you're looking for a full-time residence, vacation home, or a profitable rental, this suite offers it all. Enjoy resort-style amenities: outdoor pool, 2 hot tubs, putting green, tennis court, gym, theatre, restaurant/bar, marina, and 600' of Okanagan Lake waterfront on 6.5 acres. Don't miss this opportunity to own one of The Cove's finest suites! (id:63159)

Values & Trends

This listing

$432/sqft

Building average

$508/sqft

5 active listing(s)

Westbank Centre average

$479/sqft

106 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

2/9 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
Our Lady of Lourdes(Independent)Elementary/Middle2.0 km
Webber Road ElementaryElementary2.9 km
Glenrosa Middle SchoolMiddle3.5 km
Sensisyusten House of Learning(Independent)Elementary3.9 km
Glenrosa ElementaryElementary3.9 km
Chief Tomat ElementaryElementary4.3 km
Shannon Lake ElementaryElementary4.7 km
Helen Gorman ElementaryElementary5.2 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)

  • Bonfire Restaurant44 m

Parks (5+)

  • Gellatly Nut Farm Regional Park84 m
  • Gellatly Landing Park131 m
  • Beechnut Park298 m
  • Marina Park416 m
  • Heartnut Park491 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,840.00
Periodic payment — Principal & Interest (monthly)$3,611.90
Additional monthly expenses (strata, tax, utilities, etc.)$1,591.42
Total monthly cost$5,203.32
Interest paid over 5-yr term$160,451.75
Balance at end of term$503,577.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,980
Stress test qualifying rate8.09%
Payment you must qualify for$5,035.34

Cash Needed at Closing

Minimum down payment$44,980
Estimated BC PTT$11,996
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,476

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.

Request more information