Condo
$459,000
21% less per sq ft1235 KLO Road Unit# 107
Lower Mission, Kelowna42 days on market
2 bd2 ba1,069 sq ft
MLS® 103988131 / 30
$399,900
3160 De Montreuil Court Unit# 400
Lower Mission, Kelowna · MLS® 10395801
2 bed · 2 bath · 905 sq ft · 1 parking
Condo · Single Family · built 1989 · 42 days on market
Listed by Teagan Adams, Vantage West Realty Inc.
Realtor's description
Top-floor corner unit, move-right-in ready; this updated 2 bed, 2 bath home is the one you've been waiting for. Perfectly positioned in a quiet cul-de-sac directly across from Okanagan College and steps to Lower Mission's best amenities, everything you need is within walking distance: shopping, recreation, transit, and some of the finest beaches on Okanagan Lake. Inside, you'll find the standout unit in the complex: a peaceful corner position with no one above you, extra windows, and a lovely private deck. Brand new patio doors and windows bring in fresh light while keeping the space quiet and efficient, and updates throughout mean there's nothing to do but unpack. The kitchen features newer appliances (and washer and dryer), and low strata fees make ownership even easier. This unit has been thoughtfully refreshed from top to bottom, with a fresh coat of paint to finish it all off, making it a rare find for first-time buyers looking to get into a superb location without lifting a finger
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 905 sq ft
- Parking
- 1
- Year built
- 1989
- Property tax
- $1,703 / yr
- Strata fee
- $346 / mo ($0.38 / sq ft)
- Strata rules
- Adult Oriented, Pets not Allowed
- Days on market
- 42
- MLS®
- 10395801
Features
- Cul-de-sac
- Corner Site
- One Balcony
- Adult Oriented
- Pets not Allowed
- Washer
Floor plans
Found among the listing photos.
Monthly cost
$2,230/mo
Mortgage $1,742 · Tax $142 · Strata $346
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
- $2,098/mo
- After all costs
- −$335/mo
- Cap rate
- 4.2%
- yearly net rent ÷ price
Costs: mortgage $1,742 · tax $142 · strata $346 · insurance ~$35 · 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
Location
Lower Mission, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Raymer Elementaryhomes in this catchment
800 m away · 657 Raymer Ave, Kelowna · 250-870-5125
- Middle Klo Middlehomes in this catchment
400 m away · 3130 Gordon Dr, Kelowna · 250-870-5106
- Secondary Kelowna Secondaryhomes in this catchment
500 m away · 1079 Raymer Ave, Kelowna · 250-870-5105
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
