3300 Lakeshore Drive Unit# 418

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$2,400/mo

after all costs

−$3,409/mo

cap rate

1.5%

yearly net rent ÷ price

Costs: mortgage $4,788 · tax $209 · strata $584 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Kelowna: CMHC's average there ($2,098) raised by what new tenants pay against everyone in the Kelowna area, then down 1.9% with Kelowna's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Central Okanagan School District 23

• Elementary Raymer Elementaryhomes in this catchment

  900 m away · 657 Raymer Ave, Kelowna · 250-870-5125

• Middle Klo Middlehomes in this catchment

  1.1 km away · 3130 Gordon Dr, Kelowna · 250-870-5106

• Secondary Kelowna Secondaryhomes in this catchment

  1.2 km 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.