Property Type: Condo / ApartmentOwnership: Strata

5235 Buchanan Road Unit# 1

Peachland, BC V0H1X1

$2,095,000

3 bed4.5 bath2 parking2,340 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Stories
3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$861/mo
Annual property tax
$9,585.91

Interior

Heating
Forced air, Geothermal
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Other, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Utility roomLower level9' x 11'2''
Family roomLower level14'4'' x 18'
BedroomLower level10'9'' x 10'9''
4pc BathroomLower level8' x 6'5''
OtherSecond level4'9'' x 9'8''
BedroomSecond level14'2'' x 12'3''
Primary BedroomSecond level14'9'' x 12'1''
5pc Ensuite bathSecond level9'8'' x 17'9''
4pc BathroomSecond level8'5'' x 4'11''
Living roomMain level12' x 18'10''
KitchenMain level11'8'' x 12'6''
FoyerMain level6'4'' x 12'2''
Dining roomMain level8'2'' x 12'5''
2pc BathroomMain level6'1'' x 6'6''

Listing Information

MLS®
10387306
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Waterfront luxury in Peachland. Where every day feels like a vacation. This waterfront home is all about slowing down, opening the doors, and letting the Okanagan lifestyle take over. Set within an exclusive enclave of just 8 residences, this 3-level retreat delivers effortless luxury right at the water’s edge, offering a rare blend of privacy, craftsmanship, and true indoor outdoor living. The main level opens completely through full-width sliding patio doors, creating a seamless connection to the water. The gourmet kitchen features a Viking gas range, beverage cooler, and granite countertops, perfect for cooking and entertaining. Upstairs, the primary suite feels like a boutique lakeside hotel. Open the doors, breathe in the fresh air, and watch the water shift with the day. Two additional bedrooms in the home welcome family and friends to settle in and stay awhile. The lower level is your year round hangout. A relaxed entertaining space with another set of retractable doors leading to a screened-in lakeview patio. Movie nights, game days, quiet afternoons. It’s the cozy heart of the home. Step outside to 200 ft of sandy shoreline, your own boat lift, and endless days on the water. With a double detached garage and low-maintenance design, you spend less time working on your home and more time enjoying it. This waterfront living the way it’s meant to be. Easy, elevated, and endlessly inviting. (id:63159)

Values & Trends

This listing

$895/sqft

Building average

No other active listings in this building

Peachland average

$599/sqft

4 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

Nearest station: Summerland

16°C

Humidity 59%

Wind W 8 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 ElementaryElementary1.5 km
Glenrosa Middle SchoolMiddle5.4 km
Webber Road ElementaryElementary5.5 km
Glenrosa ElementaryElementary6.0 km
Our Lady of Lourdes(Independent)Elementary/Middle6.1 km
Helen Gorman ElementaryElementary6.2 km
Shannon Lake ElementaryElementary9.0 km
Sensisyusten House of Learning(Independent)Elementary9.1 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.

School district: Central Okanagan (SD23)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($419,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,676,000.00
Periodic payment — Principal & Interest (monthly)$10,812.98
Additional monthly expenses (strata, tax, utilities, etc.)$1,776.38
Total monthly cost$12,589.36
Interest paid over 5-yr term$480,346.42
Balance at end of term$1,507,567.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$419,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,887.85

Cash Needed at Closing

Minimum down payment$419,000
Estimated BC PTT$40,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$461,350

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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