Property Type: TownhouseOwnership: Strata

4630 Ponderosa Drive Unit# 308

Peachland, BC V0X1H5

$489,000

2 bed2 bath1 parking1,163 sqftBuilt 1993
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Amenities

Also listed: Recreation Centre, RV Storage, Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$358/mo
Annual property tax
$2,405.9

Maintenance Fee Includes

WaterHeat

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

Interior

Heating
See remarks, Other
Cooling / A/C
Wall unit, Heat Pump
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Covered, Other, Additional Parking

Room Dimensions

RoomLevelDimensions
KitchenMain level18'7'' x 10'0''
Living roomMain level22'6'' x 15'1''
OtherMain level7'10'' x 5'5''
Laundry roomMain level5'7'' x 10'2''
3pc BathroomMain level5'1'' x 10'2''
3pc Ensuite bathMain level8'6'' x 4'11''
FoyerMain level19'0'' x 4'1''
Primary BedroomMain level14'10'' x 10'8''
BedroomMain level10'6'' x 10'2''

Listing Information

MLS®
10398070
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

Welcome to 308 4630 Ponderosa, a desirable top floor townhome in Chateaux on the Ridge in Peachland. This executive suite has been tastefully renovated throughout and offers a perfect blend of luxury and practicality, ideal for those looking to downsize or for young professionals seeking a low maintenance lifestyle without compromising on quality or views, with the added benefit of convenient one-level living. Recent improvements include a 2022 Mitsubishi heat pump with transferable manufacturer warranty, three new high efficiency skylights installed in 2024, a fully repainted interior completed in 2024, and a new awning skin and mechanical hardware installed in 2023. Enjoy breathtaking 180-degree views of Okanagan Lake and the mountains from your private, oversized deck with glass railings. This home is part of a well-run strata community with low monthly fees that include hot water radiant heated floors and a gas fireplace, ensuring comfort and economy. The community boasts amenities such as a lounge area with an exercise room, billiards, a full kitchen for events, potential for boat or RV storage. Outdoors, engage in activities with a putting green or explore nearby trails on Pincushion Mountain. Ample storage and covered parking are added conveniences. Just minutes from Okanagan Lake beaches and Peachland’s shopping areas, this property offers a tranquil yet connected lifestyle. Discover this serene oasis today and make it your new home. Schedule your showing today! (id:63159)

Values & Trends

This listing

$420/sqft

Building average

No other active listings in this building

Peachland average

$432/sqft

21 active listing(s)

Parking: 1 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

Nearest station: Summerland

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,789

(2021 Census)

+6.7% since 2016

Density: 359.6/km²

Dwellings: 2,936

Median household income: $81,000

After-tax: $72,500

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom5.7% · 330
  • Germany2.3% · 135
  • United States of America1.6% · 90
  • Netherlands0.8% · 45
  • Korea, South0.3% · 20
  • Viet Nam0.3% · 20
  • Italy0.3% · 15
  • China0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Peachland ElementaryElementary1.3 km
Glenrosa Middle SchoolMiddle7.7 km
Webber Road ElementaryElementary7.9 km
Helen Gorman ElementaryElementary8.0 km
Glenrosa ElementaryElementary8.2 km
Our Lady of Lourdes(Independent)Elementary/Middle8.7 km
Shannon Lake ElementaryElementary11.4 km
Sensisyusten House of Learning(Independent)Elementary11.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$391,200.00
Periodic payment — Principal & Interest (monthly)$2,523.89
Additional monthly expenses (strata, tax, utilities, etc.)$616.14
Total monthly cost$3,140.03
Interest paid over 5-yr term$112,119.04
Balance at end of term$351,885.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,572.23

Cash Needed at Closing

Minimum down payment$24,450
Estimated BC PTT$7,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,730

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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