6833 Madrid Way Unit# 348 Lot# 348
Kelowna, BC V1Z3R8
$575,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.06 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Strata / maintenance fee
- $438/mo
- Annual property tax
- $1,980.58
Maintenance Fee Includes
Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer
Interior
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
Parking
- Total spaces
- 1 — covered indicated
- Features
- Attached Garage
Restrictions & Policies
- Pets
- Restrictions apply, Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Den | Lower level | 9' x 12' |
| Office | Lower level | 9' x 8' |
| Bedroom | Lower level | 11' x 10' |
| Full bathroom | Lower level | 5' x 9' |
| Full bathroom | Main level | 5' x 8' |
| Primary Bedroom | Main level | 12' x 12' |
| Living room | Main level | 10' x 17' |
| Kitchen | Main level | 12' x 12' |
Listing Information
- MLS®
- 10377625
- Listed
- March 16, 2026
- Time on market
- On the market for 168 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
OPEN HOUSE SATURDAY MARCH 21, 12:00-2:00 PM. Experience the quintessential Okanagan lifestyle in this stunning, newer walk-out rancher perfectly positioned within the highly sought-after La Casa Lakeside Resort. Designed for effortless comfort and versatility, the bright, open-concept layout features a main-floor primary suite and bathroom. The large kitchen, dining, and living areas are designed for effortless entertaining and flooded with natural light. Downstairs you will find a flexible den easily converted into a third bedroom or home office, along with another bedroom and bathroom. This home is thoughtfully equipped, boasting a single garage with an EV CHARGER and a home already pre-wired for a GENERATOR. New Home Warranty still applies. This is a great revenue property, or the perfect lakeside cottage for family, while the location offers some of the best lakeside amenities in the Okanagan; private beach access, 100-slip marina with boat launch, an Aqua Park for the kids, 2 pools and 3 luxury hot tubs, an 18-hole mini-golf course, tennis and pickleball courts, beach volleyball, a children's playground, miles of surrounding hiking, biking, and ATV trails, a dedicated dog beach, a general store, restaurant, and private security for the ultimate gated experience. With short-term rentals allowed, this property represents both a premier vacation retreat and a savvy investment opportunity in one of the region’s most vibrant lakeside communities. Quick possession possible. (id:63159)
Values & Trends
This listing
$537/sqft
Building average
—
No other active listings in this building
Fintry average
$522/sqft
30 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Davidson Road Elementary | Elementary | 9.7 km |
| Oyama Traditional School | Elementary | 10.3 km |
| George Elliot Secondary | Secondary | 12.5 km |
| HS Grenda Middle School | Middle | 12.8 km |
| Peter Greer Elementary | Elementary | 13.0 km |
| Okanagan Landing Elementary | Elementary | 18.0 km |
| Ellison Elementary | Elementary | 20.5 km |
| Clarence Fulton Secondary | Elementary | 20.6 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.