6857 Madrid Way Unit# 336
Kelowna, BC V1Z3R8
$645,000
Amenities
Also listed: Clubhouse, Cable TV
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.05 acres
- Frontage
- 38 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Strata / maintenance fee
- $438/mo
- Annual property tax
- $2,060
Maintenance Fee Includes
Also included: Recreation Facilities, Reserve Fund Contributions, Sewer
Interior
- Heating
- Heat Pump, Forced air, Electric
- Cooling / A/C
- Central air conditioning, Heat Pump
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Vinyl
Exterior & Lot
- Exterior features
- Other
- View
- Lake view, Mountain view, View (panoramic)
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 4 — 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
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Main level | 6' x 9' |
| Bedroom | Basement | 11' x 10'10'' |
| Bedroom | Main level | 8'4'' x 10'9'' |
| 2pc Bathroom | Main level | 5' x 5' |
| 3pc Ensuite bath | Basement | 5' x 10'2'' |
| 4pc Bathroom | Basement | 5' x 8'1'' |
| Primary Bedroom | Basement | 15'9'' x 10'10'' |
| Living room | Main level | 11'6'' x 12' |
| Kitchen | Main level | 9' x 11' |
Listing Information
- MLS®
- 10391088
- Listed
- June 11, 2026
- Time on market
- On the market for 81 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.
Description
NEW BUILD Beautiful La Casa Cottage. . . 3 bed, 3 bath with LARGE COVERED DECK plus basement patio (roughed in for hot tub). Overlooking tennis courts & pool with Okanagan Lake beyond. . . Lots more Space inside than you would guess from the roadside. . . La Casa has a very strong VACATION RENTAL market & is EXEMPT from AIR BnB restrictions. . . HIGH CEILINGS throughout. Beautiful high quality Kitchen. . . Stone countertops throughout. . . Access to walk through from guest parking area. . . .Amazing Primary En-suite with double vanity & large shower. . . Second en-suite off large second bedroom. . . .Large walk in closets in both basement bedrooms. . . Main floor has Den/3rd Bedroom plus half bath. Access to the Bear Creek ATV Trail System. 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
$621/sqft
Building average
—
No other active listings in this building
Fintry average
$519/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 | 9.8 km |
| Oyama Traditional School | Elementary | 10.3 km |
| George Elliot Secondary | Secondary | 12.6 km |
| HS Grenda Middle School | Middle | 12.8 km |
| Peter Greer Elementary | Elementary | 13.1 km |
| Okanagan Landing Elementary | Elementary | 18.0 km |
| Ellison Elementary | Elementary | 20.4 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: 6.1% ($39,500) — 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.