Property Type: Condo / ApartmentOwnership: Strata

4205 Gellatly Road Unit# 305

West Kelowna, BC V4T2K2

$599,000

2 bed2 bath1 parking1,058 sqftBuilt 2006
Get Directions

Amenities

Also listed: Storage - Locker

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
$2,823.25

Interior

Heating
Geothermal
Cooling / A/C
Central air conditioning, Heat Pump, Geothermal
Fireplace
None
Flooring
Other, Ceramic Tile

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Parkade

Restrictions & Policies

Pets
Restrictions apply
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
5pc Ensuite bathMain level10'8'' x 11'10''
BedroomMain level10'1'' x 15'11''
4pc BathroomMain level6'6'' x 9'3''
Primary BedroomMain level10'6'' x 18'9''
Dining roomMain level11'7'' x 13'11''
KitchenMain level11'8'' x 13'3''
Living roomMain level12'2'' x 13'4''

Listing Information

MLS®
10392888
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

If you've ever driven away from a resort on the last morning and thought I could live like this — this is where that thought ends. Unit 305 sits on Okanagan Lake at The Cove, over 1,000 square feet on a single level with two bedrooms, two full baths, and an open kitchen, dining and living room built for people who actually cook and actually have company. The main living area is designed for comfort with an easy flow to outside - and has a fireplace for the evenings that turn cool. The primary bedroom is a proper room, not a compromise. Laundry's in the unit. And the balcony is covered, which is why you'll still be sitting on it in April and again in October, watching the light go long over the water. Outside your door is the reason people book a week here — the heated pool and slide, the hot tubs, the gym, the sport court, the movie room, the barbecue area, the spa, and the marina. You'll use them on a Tuesday, because they're yours. The waterfront walkway starts at the property and runs the length of Gellatly Bay, past the beaches and the piers, the nut farm right there beside you. It becomes a habit rather than an outing. This home isn't in the rental pool. No booking calendar, no strangers between your weekends — just your place, the way you left it. Secure underground parking and a storage locker are included. Some people come here for a week. You could stay. (id:63159)

Values & Trends

This listing

$566/sqft

Building average

$481/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

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

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/Middle1.9 km
Webber Road ElementaryElementary2.9 km
Glenrosa Middle SchoolMiddle3.5 km
Sensisyusten House of Learning(Independent)Elementary3.8 km
Glenrosa ElementaryElementary3.9 km
Chief Tomat ElementaryElementary4.2 km
Shannon Lake ElementaryElementary4.6 km
Helen Gorman ElementaryElementary5.1 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 Restaurant45 m

Parks (5+)

  • Gellatly Landing Park98 m
  • Gellatly Nut Farm Regional Park141 m
  • Marina Park340 m
  • Beechnut Park364 m
  • Rotary Trails457 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$1,057.52
Total monthly cost$4,149.16
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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