4205 Gellatly Road Unit# 407
West Kelowna, BC V4T2K2
$1,349,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1.5
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $1,575/mo
- Annual property tax
- $6,052.31
Interior
- Heating
- Forced air, Electric, Geothermal
- Cooling / A/C
- Geothermal
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Tile, Carpeted
Exterior & Lot
- Exterior features
- Other
- View
- City view, Lake view, Mountain view, View (panoramic)
- Waterfront
- Waterfront on lake
- Pool
- Pool, Inground pool, Outdoor pool
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Not allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Loft | Second level | 21'1'' x 11'1'' |
| Other | Main level | 8'8'' x 5'11'' |
| Other | Main level | 4'7'' x 9'6'' |
| 2pc Bathroom | Main level | 5'5'' x 5'11'' |
| 4pc Ensuite bath | Main level | 11'2'' x 8'6'' |
| 4pc Ensuite bath | Main level | 8' x 9'6'' |
| 5pc Ensuite bath | Main level | 10'8'' x 12'10'' |
| Bedroom | Main level | 15'3'' x 17'2'' |
| Bedroom | Main level | 21'1'' x 11'7'' |
| Dining room | Main level | 13'2'' x 10'8'' |
| Kitchen | Main level | 20'4'' x 25'6'' |
| Laundry room | Main level | 7'8'' x 9'6'' |
| Living room | Main level | 13'2'' x 13'2'' |
| Den | Main level | 9'3'' x 14'2'' |
| Primary Bedroom | Main level | 24' x 12'5'' |
| Other | Main level | 10' x 5'11'' |
Listing Information
- MLS®
- 10398744
- Listed
- August 25, 2026
- Time on market
- On the market for 6 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna Paquette Realty · Data source: CREA DDF.
Description
Breathtaking Lakeview Penthouse at The Cove! Beautifully updated and thoughtfully designed, this spacious penthouse offers three generous bedrooms, each with its own ensuite and walk-in closet, plus a well-sized den and versatile mezzanine loft. The bright, open-concept living area is filled with natural light, featuring soaring ceilings and expansive windows that frame incredible views of Okanagan Lake. The kitchen flows seamlessly into the living and dining areas, creating an inviting space for both everyday living and entertaining. Two lakeview decks extend the living space outdoors, with one off the main living area and another privately accessed from the primary suite. Beyond the penthouse itself, The Cove offers a true resort-style experience, with indredible amenities like a private beach, seasonal pools and hot tubs, a waterslide, tennis and pickleball courts, a fitness centre, theatre, putting green, BBQ areas, fire pits, on-site dining, a spa, and a marina. This is one you’ll want to see! (id:63159)
Values & Trends
This listing
$567/sqft
Building average
$481/sqft
5 active listing(s)
Westbank Centre average
$478/sqft
106 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
Nearest station: Kelowna
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
| School | Type | Distance |
|---|---|---|
| Our Lady of Lourdes(Independent) | Elementary/Middle | 2.0 km |
| Webber Road Elementary | Elementary | 2.9 km |
| Glenrosa Middle School | Middle | 3.6 km |
| Sensisyusten House of Learning(Independent) | Elementary | 3.8 km |
| Glenrosa Elementary | Elementary | 3.9 km |
| Chief Tomat Elementary | Elementary | 4.2 km |
| Shannon Lake Elementary | Elementary | 4.7 km |
| Helen Gorman Elementary | Elementary | 5.2 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 Restaurant40 m
Parks (5+)
- Gellatly Landing Park78 m
- Gellatly Nut Farm Regional Park144 m
- Beechnut Park350 m
- Marina Park387 m
- Rotary Trails522 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
Other Listings in This Building
Other units currently listed in the same building. 4205 Gellatly Road
$569,000
4205 Gellatly Road Unit# 304, West Kelowna
$769/mo maintenance
$499,900
4205 Gellatly Road Unit# 241 Lot# 75, West Kelowna
$750/mo maintenance
$699,800
4205 Gellatly Road Unit# 238, West Kelowna
$1,154/mo maintenance
$599,000
4205 Gellatly Road Unit# 305, West Kelowna
$769/mo maintenance
$719,000
4205 Gellatly Road Unit# 301, West Kelowna
$1,554/mo maintenance
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Minimum required: 8.1% ($109,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
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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.