Property Type: TownhouseOwnership: Strata

4520 Gallaghers Lookout Unit# 4

Kelowna, BC V1W3Z8

$959,000

3 bed3.5 bath2 parking2,151 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
$721/mo
Annual property tax
$5,116.18

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
StorageBasement25'1'' x 18'5''
Utility roomBasement14'10'' x 8'3''
4pc BathroomBasement7'10'' x 9'0''
BedroomBasement11'9'' x 12'11''
BedroomBasement9'6'' x 13'0''
Recreation roomBasement14'6'' x 30'1''
OtherMain level25'9'' x 12'3''
OtherMain level19'11'' x 22'0''
2pc BathroomMain level4'10'' x 7'5''
OfficeMain level6'9'' x 8'7''
OtherMain level8'0'' x 6'11''
4pc Ensuite bathMain level12'0'' x 11'5''
Primary BedroomMain level12'0'' x 18'2''
FoyerMain level10'10'' x 7'7''
Living roomMain level14'6'' x 14'7''
Dining roomMain level14'6'' x 9'4''
Dining nookMain level10'11'' x 10'2''
KitchenMain level10'11'' x 14'10''

Listing Information

MLS®
10388202
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 28, 2026

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

Description

Experience resort-style living in the heart of Gallagher’s Canyon! This beautifully maintained 3 bed + den walkout rancher welcomes you with a sunny private courtyard entrance and offers a bright open-concept layout with large windows throughout, a cozy gas fireplace, and a well-appointed kitchen featuring stone countertops, wall oven, prep sink, tile backsplash, and dine-up bar seating. The spacious main-floor primary suite includes a walk-in closet and a 4-piece ensuite with dual vanities and a walk-in glass & tile shower. The walkout lower level features a large rec room with wet bar, 2 additional bedrooms, workshop, storage space, and access to the covered patio and hot tub backing onto peaceful greenspace. Complete with a double garage, this home is perfectly positioned within one of Kelowna’s most sought-after lifestyle communities. Gallagher’s Canyon offers championship golf courses, tennis courts, indoor pool, fitness centre, games room, art studios, social events, and endless scenic walking trails - all just 15 minutes from downtown Kelowna! (id:63159)

Values & Trends

This listing

$446/sqft

Building average

$342/sqft

1 active listing(s)

South East Kelowna average

$385/sqft

7 active listing(s)

Parking: 2 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 ElementaryElementary4.7 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% ($70,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$767,200.00
Periodic payment — Principal & Interest (monthly)$4,949.71
Additional monthly expenses (strata, tax, utilities, etc.)$1,254.91
Total monthly cost$6,204.62
Interest paid over 5-yr term$219,881.73
Balance at end of term$690,098.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,829.18

Cash Needed at Closing

Minimum down payment$70,900
Estimated BC PTT$17,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$89,580

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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