Property Type: Mobile / Manufactured

720 Commonwealth Road Unit# 58

Lake Country, BC V4V1R6

$399,000

3 bed1 bath2 parking1,210 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
Manufactured Home
Stories
1

Ownership & Fees

Property type
Mobile / Manufactured
Strata / maintenance fee
$540/mo
Annual property tax
$2,093.62

Maintenance Fee Includes

Also included: Pad Rental

Interior

Heating
Electric, See remarks
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Laminate, Carpeted

Exterior & Lot

Exterior features
Aluminum

Building

Foundation
None
Roof
Metal, Unknown

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level7'10'' x 8'5''
BedroomMain level7'10'' x 7'6''
BedroomMain level7'9'' x 7'6''
Primary BedroomMain level10'11'' x 10'3''
Family roomMain level19'8'' x 10'4''
KitchenMain level14'6'' x 13'2''
Living roomMain level16'3'' x 13'2''

Listing Information

MLS®
10388125
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

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

Description

Amazing fully renovated mobile home featuring 3 bedrooms and 2 bathrooms, thoughtfully updated throughout. This move-in-ready home offers a bright and functional layout, modern finishes, and excellent value. Enjoy the spacious backyard, perfect for relaxing, entertaining, or gardening. Conveniently located close to town, shopping, schools, and amenities. A fantastic opportunity for first-time buyers, downsizers, or investors! (id:63159)

Values & Trends

This listing

$330/sqft

Building average

No other active listings in this building

Lake Country East / Oyama average

$382/sqft

56 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: Kelowna

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

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
HS Grenda Middle SchoolMiddle2.4 km
George Elliot SecondarySecondary2.6 km
Peter Greer ElementaryElementary2.7 km
Davidson Road ElementaryElementary5.1 km
Aberdeen Hall Preparatory School(Independent)K-128.1 km
Ellison ElementaryElementary8.4 km
North Glenmore ElementaryElementary9.3 km
Dr Knox Middle SchoolMiddle9.8 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.

Nearby Places

Restaurants (2)

  • The Italian Kitchen455 m
  • The Jammery · 8038 Highway 97750 m

Parks (1)

  • Herbert Simpson Memorial Park621 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$775.47
Total monthly cost$2,834.84
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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