Property Type: Condo / ApartmentOwnership: Strata

4205 Gellatly Road Unit# 304

West Kelowna, BC V4T2K2

$569,000

2 bed2 bath1 parking1,064 sqftBuilt 2006
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Amenities

Also listed: Storage - Locker, Recreation Centre, Party Room, Whirlpool, Racquet Courts

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$769/mo
Annual property tax
$2,951.38

Maintenance Fee Includes

WaterGarbageManagementHeat

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

Interior

Heating
Geothermal
Cooling / A/C
Geothermal
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted

Exterior & Lot

Exterior features
Wood
View
City view, Lake view, Mountain view, Unknown
Pool
Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
OtherMain level24' x 9'
BedroomMain level10'4'' x 15'6''
5pc BathroomMain level9'6'' x 6'
Living roomMain level14' x 12'6''
OtherMain level6' x 9'
4pc Ensuite bathMain level7'4'' x 6'
Primary BedroomMain level15'6'' x 12'
Dining roomMain level9'6'' x 6'
KitchenMain level12' x 9'6''

Listing Information

MLS®
10377831
Listed
March 3, 2026
Time on market
On the market for 181 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

PRICE BELOW BC ASSESSMENT! BEST BUY for a LAKE VIEW SUITE in the COVE! Picture yourself waking up to a breathtaking sunrise as you sip your morning coffee on your expansive covered balcony, all while soaking in the stunning views of the LAKE. Marvel at the panoramic scenery, featuring horse pastures, Mt. Boucherie, and the picturesque Gellatly Bay. This rare floor plan offers a thoughtfully designed split bedroom layout, with a spacious primary bedroom featuring its own private deck. The second bedroom comes with a convenient cheater 5pc ensuite. The open concept living space encompasses a full kitchen, dining area, and living room, creating the perfect setting for entertainment. Step through French double doors that lead to a second covered deck, enhancing the indoor-outdoor living experience. The kitchen is a chef's delight, boasting granite countertops, maple cabinetry, and NEWER appliances. #304 participates in the professionally managed hotel rental pool. A seamless program that has shown strong success with consistent year-over-year revenue growth! Enjoy access to world-class amenities such as pools, hot tubs, a sandy beach, marina, community park, spa, the acclaimed Landing Restaurant, wineries, lake activities, tennis, golf, and more. Situated on irreplaceable Lakefront acreage, this property includes a private beach adjacent to a historic nut farm. Your rare chance to own an upscale fully furnished condo in the Cove. Indulge in the ultimate lifestyle! (id:63159)

Values & Trends

This listing

$535/sqft

Building average

$487/sqft

5 active listing(s)

Westbank Centre average

$478/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/Middle2.1 km
Webber Road ElementaryElementary3.0 km
Glenrosa Middle SchoolMiddle3.6 km
Sensisyusten House of Learning(Independent)Elementary3.8 km
Glenrosa ElementaryElementary4.0 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 Restaurant74 m

Parks (5+)

  • Gellatly Landing Park103 m
  • Gellatly Nut Farm Regional Park150 m
  • Beechnut Park337 m
  • Marina Park420 m
  • Heartnut Park540 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$455,200.00
Periodic payment — Principal & Interest (monthly)$2,936.80
Additional monthly expenses (strata, tax, utilities, etc.)$1,068.20
Total monthly cost$4,004.99
Interest paid over 5-yr term$130,461.63
Balance at end of term$409,453.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,130.11

Cash Needed at Closing

Minimum down payment$31,900
Estimated BC PTT$9,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,780

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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