Property Type: TownhouseOwnership: Strata

4520 GALLAGHERS Lookout Unit# 2

Kelowna, BC V1W3Z8

$949,900

3 bed3 bath4 parking2,777 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$724/mo
Annual property tax
$5,058

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

View
Mountain view

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomLower level16'11'' x 12'3''
DenLower level11'4'' x 13'8''
4pc BathroomLower level8'11'' x 9'9''
BedroomLower level11'6'' x 12'1''
BedroomLower level12'2'' x 12'7''
Mud roomMain level11'3'' x 10'5''
5pc Ensuite bathMain level9'5'' x 12'2''
Primary BedroomMain level13'4'' x 18'
2pc BathroomMain level4'10'' x 5'6''
Living roomMain level28'4'' x 17'4''
Dining roomMain level7'3'' x 11'
KitchenMain level11' x 17'7''

Listing Information

MLS®
10393190
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

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

Description

Welcome to Gallagher's Lookout! This semi-attached rancher is a desirable property offering private, tranquil, and scenic views. The home features main floor living with a courtyard accessible from the kitchen and a spacious covered deck overlooking Layer Cake Mountain. It includes three bedrooms and 2.5 bathrooms, a generous living room, and a dining area. The living room opens onto the covered deck and complemented by a gas see-through fireplace that extends into the primary bedroom. The extended kitchen provides additional cabinetry for a built-in oven and features antimicrobial grout, with direct access to the courtyard. The dining area includes a movable bar for added convenience. The primary en-suite bathroom offers a large soaking tub, a separate shower, and an ample walk-in closet. The lower level includes two additional bedrooms, a den, and a large versatile room suitable for exercise or other activities, along with ample storage space. A sizable recreation room with glass sliding doors opens onto a private patio, ideal for entertaining. This well-constructed townhome offers low-maintenance living with high ceilings and expansive windows, situated behind a private gated courtyard that opens onto green space. It also features a double garage and an additional parking spot for a golf cart. The unit is conveniently located within walking distance of Gallagher's Canyon Village Centre, which offers amenities such as a modern fitness center, indoor swimming pool and hot tub, game rooms, tennis courts, an art studio, and woodworking and ceramics workshops. (id:63159)

Values & Trends

This listing

$342/sqft

Building average

$446/sqft

1 active listing(s)

South East Kelowna average

$400/sqft

7 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

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

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

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.

Nearby Schools

SchoolTypeDistance
South Kelowna ElementaryElementary3.4 km
Black Mountain ElementaryElementary3.5 km
Okanagan Montessori Elementary School(Independent)Elementary3.6 km
Okanagan Christian School(Independent)K-124.4 km
Belgo Elementary SchoolElementary4.7 km
Quigley ElementaryElementary4.8 km
South Rutland ElementaryElementary5.2 km
Springvalley ElementaryElementary5.7 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.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 4520 GALLAGHERS Lookout

View building profile →
Built 2002

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,920.00
Periodic payment — Principal & Interest (monthly)$4,902.75
Additional monthly expenses (strata, tax, utilities, etc.)$1,284.30
Total monthly cost$6,187.05
Interest paid over 5-yr term$217,795.26
Balance at end of term$683,550.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.20

Cash Needed at Closing

Minimum down payment$69,990
Estimated BC PTT$16,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,488

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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