Property Type: TownhouseOwnership: StrataRECENTLY LISTED

720 Valley Road Unit# 46

Kelowna, BC V1V0E1

$834,900

4 bed4.5 bath2 parking2,363 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$237/mo
Annual property tax
$4,646.03

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Laminate, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Metal
View
City view, Lake view, Mountain view

Building

Roof
Other, Unknown

Parking

Total spaces
2 — 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
OtherThird level12' x 17'
Full ensuite bathroomSecond level
Full bathroomSecond level
BedroomSecond level10'8'' x 9'8''
BedroomSecond level11'2'' x 9'2''
Primary BedroomSecond level14'6'' x 13'6''
DenMain level13'4'' x 7'
2pc BathroomMain level
Dining roomMain level8' x 12'
Living roomMain level14'7'' x 18'10''
KitchenMain level18' x 11'8''
3pc BathroomLower level
BedroomLower level11'11'' x 18'8''

Listing Information

MLS®
10398797
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

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

Description

NEW CONSTRUCTION, Priced to Sell! Offering 2,363 sq. ft. of thoughtfully designed living space, this home perfectly blends comfort, style, and functionality. The main floor is bright and inviting, ideal for everyday living and entertaining alike. Enjoy your morning coffee in the cozy breakfast nook, host with ease in the spacious kitchen, relax in the welcoming living room, or take advantage of the versatile den perfect for a home office or flex space. All of this convenience on one level. Upstairs, you’ll find two bedrooms, a full bathroom, and convenient laundry room. The primary suite is a true retreat, complete with a walk-in closet and private ensuite. The lower level adds even more flexibility, featuring a fourth bedroom or family room with its own ensuite ideal for guests, teens, or a private in-law space. Take your lifestyle outdoors to the private rooftop patio, where panoramic views of Dilworth Mountain and a peek-a-boo lake view create the perfect backdrop. With a gas hookup ready for your BBQ or fire table, it’s an incredible space to soak in Okanagan sunrises and sunsets. A double side-by-side garage with bonus storage ensures plenty of room for vehicles, gear, and hobbies. All this just minutes from downtown Kelowna, top-rated schools, parks, and everyday amenities. Don’t miss your chance to own this exceptional property! (id:63159)

Values & Trends

This listing

$353/sqft

Building average

$465/sqft

2 active listing(s)

North Glenmore average

$434/sqft

15 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

4/9 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
Glenmore ElementaryElementary747 m
Watson Road ElementaryElementary1.0 km
Bankhead ElementaryElementary2.0 km
Dr Knox Middle SchoolMiddle2.5 km
Springvalley Middle SchoolElementary3.0 km
North Glenmore ElementaryElementary3.0 km
Kelowna Arts Academy(Independent)K-123.1 km
Springvalley ElementaryElementary3.1 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 (1)

  • Murray's Pizza · 1924 Summit Drive293 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road749 m

Parks (1)

  • Valley Glen Wetland765 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road743 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($58,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$667,920.00
Periodic payment — Principal & Interest (monthly)$4,309.19
Additional monthly expenses (strata, tax, utilities, etc.)$742.34
Total monthly cost$5,051.53
Interest paid over 5-yr term$191,427.79
Balance at end of term$600,796.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,490
Stress test qualifying rate8.09%
Payment you must qualify for$5,970.32

Cash Needed at Closing

Minimum down payment$58,490
Estimated BC PTT$14,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,688

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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