
3135 Walnut Street Unit# 2
Lower Mission, Kelowna · MLS® 10386539
2 bed · 2 bath · 1,024 sq ft · 3 parking
Townhouse · Single Family · built 1972 · 148 days on market
Listed by Kandis Mason, Royal LePage Kelowna
Welcome to effortless Lower Mission living just steps from the beach, the new paddle board dock, restaurants, breweries, shopping, amenities, and the college. This beautifully updated 2-bedroom, 2-bath townhouse delivers that lakeside lifestyle everyone wants, with room for the toys. Inside, the home shows exceptionally well with a bright, stylish feel throughout. Recent updates include newer flooring, newer paint, and new windows, giving the space a fresh, move-in-ready feel. The main level features an updated kitchen with stainless steel appliances, plenty of functional space, in-suite laundry, a comfortable living area, and a convenient 2-piece bath. Upstairs, you’ll find two bedrooms and a beautifully renovated full bathroom featuring stunning imported tile, adding a unique designer touch. Outdoor living is easy with both a fenced back patio and a front patio perfect for morning coffee, summer evenings, or rinsing off after a paddle on the lake. The building has also recently received a brand-new roof, offering added peace of mind. A rare bonus: this unit includes three parking stalls, including a detached garage. With low strata fees of just $450/month, this is an incredible opportunity to own in one of Kelowna’s most loved neighborhoods. Grab your paddle board, walk to the beach in minutes, meet friends at a nearby restaurant or brewery, and enjoy being right in the heart of everything the Lower Mission has to offer. The location truly can’t be beat
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,024 sq ft
- Parking
- 3
- Year built
- 1972
- Property tax
- $2,320 / yr
- Strata fee
- $450 / mo ($0.44 / sq ft)
- Strata rules
- Pet Restrictions
- Days on market
- 148
- MLS®
- 10386539
- Pet Restrictions
- Oven - Electric
- Dishwasher
- Washer & Dryer
- Water Heater - Electric
Catchment schools, Central Okanagan School District 23
- Elementary Raymer Elementaryhomes in this catchment
- Middle Klo Middlehomes in this catchment
- Secondary Kelowna Secondaryhomes in this catchment
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $2,098/mo
- After all costs
- −$1,328/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,440 · tax $193 · strata $450 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
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