Property Type: Detached HouseOwnership: Freehold

6742 Marbella Loop Unit# 302

Kelowna, BC V1Z3R8

$699,000

3 bed2 bath5 parking1,076 sqftBuilt 2020
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Amenities

Also listed: Storage - Locker, Clubhouse, Cable TV

Property Details

Property & Lot

Sub-type
House
Stories
2.5
Lot size
0.07 acres
Frontage
41 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$438/mo
Annual property tax
$2,487

Maintenance Fee Includes

WaterGarbageManagement

Also included: Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Carpeted, Ceramic Tile, Vinyl

Exterior & Lot

Exterior features
Other
View
Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Living roomMain level14'0'' x 12'0''
KitchenMain level8'0'' x 9'0''
Dining roomMain level8'0'' x 10'0''
BedroomMain level10'0'' x 11'0''
BedroomMain level10'0'' x 11'0''
Full bathroomMain level8'3'' x 5'0''
4pc Ensuite bathSecond level9'0'' x 5'0''
Primary BedroomSecond level14'0'' x 12'0''

Listing Information

MLS®
10389686
Listed
June 1, 2026
Time on market
On the market for 91 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Impeccably finished Luxury La Casa cottage built 2020, backing onto Crown Land. . . PRIVATE REAR DECK. Private SAUNA. . . Situated in the most popular location for families & rentals in the resort being a two minute walk to pool, hot tubs, restaurant, tennis etc. 3 bedrooms plus Rec Room, 3 bathrooms. . . (La Casa is unaffected by recent Air bnb restrictions). . . Private rear deck overlooking nice level rear yard is accessed from both main floor bedrooms. . . Massive front deck. . . Main floor living, dining & kitchen is big & bright. . . . Lots of parking on the big driveway, Garage for ATVs, golf carts, storage etc. . . .La Casa has a very strong VACATION RENTAL market. You choose whether to keep for yourself, rent out some of the time or use the on-site company if you want a 'hands-off' investment. NO SPECULATION TAX applicable at La Casa. La Casa Resort Amenities: Beaches, sundecks, Marina with 100 slips & boat launch, 2 Swimming Pools & 3 Hot tubs, 3 Aqua Parks, Mini golf course, Playground, 2 Tennis courts & Pickleball Courts, Volleyball, Fire Pits, Dog Beach, Upper View point Park and Beach area Fully Gated & Private Security, Owners Lounge, Owners Fitness/Gym Facility. Grocery/liquor store on site plus Restaurant. (id:63159)

Values & Trends

This listing

$650/sqft

Building average

No other active listings in this building

Fintry average

$518/sqft

30 active listing(s)

Parking: 5 stall(s) includedStorage locker: Included

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
Davidson Road ElementaryElementary9.6 km
Oyama Traditional SchoolElementary10.1 km
George Elliot SecondarySecondary12.4 km
HS Grenda Middle SchoolMiddle12.6 km
Peter Greer ElementaryElementary12.8 km
Okanagan Landing ElementaryElementary17.9 km
Ellison ElementaryElementary20.4 km
Clarence Fulton SecondaryElementary20.6 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: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$699.15
Total monthly cost$4,306.92
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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