Property Type: Detached HouseOwnership: Freehold

6816 Madrid Way Unit# 307

Kelowna, BC V1Z3R8

$649,900

3 bed2 bath4 parking1,171 sqftBuilt 2006
Get Directions

Amenities

Also listed: Storage - Locker, Clubhouse, Cable TV

Property Details

Property & Lot

Sub-type
House
Stories
2.5
Lot size
0.09 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$438/mo
Annual property tax
$2,330.87

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Recreation Facilities, Sewer

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Propane, Unknown
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, Valley view, View (panoramic)
Waterfront
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, 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
Primary BedroomSecond level17'9'' x 12'10''
Living roomMain level14'1'' x 17'7''
KitchenMain level8'4'' x 8'11''
Dining roomMain level9'8'' x 11'2''
BedroomMain level11'0'' x 11'7''
BedroomMain level11'0'' x 11'1''
4pc BathroomMain level8'6'' x 4'11''
4pc Ensuite bathSecond level8'6'' x 4'11''

Listing Information

MLS®
10390134
Listed
June 4, 2026
Time on market
On the market for 88 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon Salt Fowler · Data source: CREA DDF.

Description

Welcome to La Casa Lakeside Resort, one of the Okanagan’s premier gated lakefront communities where recreation, relaxation, and adventure come together. This well-maintained 3-bedroom, 2-bathroom home stands out with exceptional outdoor living space, an oversized flat backyard, and easy walking access to the resort amenities that make La Casa such a sought-after destination. Inside, the thoughtfully designed main level features an open-concept kitchen, dining, and living area anchored by a stone fireplace and vaulted ceilings. Large windows flood the space with natural light, while two bedrooms and a full bathroom provide comfortable accommodation for family and guests. Step out to the front deck and enjoy the Okanagan sunshine, or head through the rear of the home to the expansive entertainment deck designed for unforgettable summer evenings. Complete with a retractable awning, private hot tub, and generous space for dining and gathering, the deck overlooks an oversized flat backyard that backs onto a peaceful forest setting. Rare for the community, this private outdoor space offers plenty of room for kids, pets, lawn games, and family fun. Rear access adds convenience for golf carts, ATVs, and recreational gear, while additional storage beneath the deck and built-in garage storage keep everything organized and ready for your next adventure. The attached double garage is complemented by a dedicated theatre room, creating the perfect space for movie nights, game days, and year-round entertainment. Owners enjoy access to La Casa’s exceptional amenities, including a private beach, marina, swimming pool, hot tubs, fitness centre, tennis courts, mini golf, playground, and extensive hiking and biking trails. Whether you're searching for a primary residence, vacation retreat, or investment property, this is your opportunity to experience the best of the Okanagan lifestyle. (id:63159)

Values & Trends

This listing

$555/sqft

Building average

No other active listings in this building

Fintry average

$521/sqft

30 active listing(s)

Parking: 4 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

15°C

Clear

Humidity 76%

Wind NNW 4 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 SchoolElementary10.2 km
George Elliot SecondarySecondary12.4 km
HS Grenda Middle SchoolMiddle12.6 km
Peter Greer ElementaryElementary12.9 km
Okanagan Landing ElementaryElementary18.0 km
Ellison ElementaryElementary20.5 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: 6.2% ($39,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,920.00
Periodic payment — Principal & Interest (monthly)$3,354.35
Additional monthly expenses (strata, tax, utilities, etc.)$691.14
Total monthly cost$4,045.49
Interest paid over 5-yr term$149,010.57
Balance at end of term$467,669.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.99

Cash Needed at Closing

Minimum down payment$39,990
Estimated BC PTT$10,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,488

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.

Request more information