Townhouse
$664,900
19% less per sq ft1176 Black Mountain Drive
Black Mountain, Kelowna5 days on market
4 bd4 ba1,860 sq ft
MLS® 104020701 / 40
$575,000
1651 Lynrick Road Unit# 128
Black Mountain, Kelowna · MLS® 10393671
3 bed · 3 bath · 1,471 sq ft · 2 parking
Townhouse · Single Family · built 2008 · 92 days on market
Listed by Al Peters, Century 21 Assurance Realty Ltd
Realtor's description
Welcome to The Gates, a sought-after, pet and family-friendly townhome community in the heart of Black Mountain. This stylish 3-bedroom, 2.5-bathroom end-unit shows pride of ownership throughout. Multiple upgrades including bathrooms, a/c, and paint 2 years ago and vinyl flooring 4 years ago. The main floor features an open concept, with a deck off the living room to enjoy morning coffee, or bbq and a glass of wine in the evening. The kitchen has granite countertops and a huge island opening to the dining area with abundant, natural light. Upstairs, the primary suite includes a 4-piece ensuite, with two additional bedrooms, the main upstairs bathroom, and laundry just down the hall. The tandem garage provides plenty of space for parking and storage, and because it's an end unit, it is an additional 1 foot wider than other units in the complex. The home is walking distance to Black Mountain Elementary, close to local parks and hiking trails, and just minutes from Black Mountain Golf Club. Skiers and snowboarders will love the quick 35-minute drive to Big White. With low strata fees, no rental restrictions, and 1 dog or 1 cat allowed with no size or breed limits, this is a perfect fit for families, professionals, and investors alike. PLUS, with the proposed Black Mountain Village Center, with a grocery store, and many other services, you won't even need to drive the few minutes to Rutland for many of the things needed for daily living.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,471 sq ft
- Parking
- 2
- Year built
- 2008
- Property tax
- $2,496 / yr
- Strata fee
- $326 / mo ($0.22 / sq ft)
- Days on market
- 92
- MLS®
- 10393671
Features
- Refrigerator
- Oven - Electric
- Range - Electric
- Dishwasher
- Washer & Dryer
Monthly cost
$3,039/mo
Mortgage $2,505 · Tax $208 · Strata $326
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,713/mo
- After all costs
- −$718/mo
- Cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $2,505 · tax $208 · strata $326 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Kelowna (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
Black Mountain, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Black Mountain Elementaryhomes in this catchment
300 m away · 1650 Gallagher Rd, Kelowna · 250-870-5143
- Middle Springvalley Middlehomes in this catchment
5.0 km away · 350 Ziprick Rd, Kelowna · 250-870-5111
- Secondary Rutland Secondaryhomes in this catchment
4.0 km away · 715 Rutland Rd N, Kelowna · 250-870-5109
From the Central Okanagan School District 23's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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