
415 Commonwealth Road Unit# 3402
Lake Country East / Oyama, Kelowna · MLS® 10394289
2 bed · 2 bath · 1,272 sq ft · 2 parking
Condo · Single Family · built 1996 · 88 days on market
Listed by Garth Donhauser, REMAX Kelowna
Ground level access to your condo with a private yard! This 2 bedroom, 2 bathroom condo has been updated for your enjoyment. The kitchen upgrades include appliances and cabinetry with granite countertops. Bathrooms were updated in 2021. The large primary bedroom features an ensuite and walk-in closet. Entertain in style in the bright and cheery sunroom with direct access to the backyard. The electric awning will provide protection from the sun as you BBQ on your deck or just relax with family and friends. A few minutes walk will take you to the golf course or down to the beach. The Recreation complex is minutes away where you can enjoy the indoor pool, hot tub, gym, social activities and bingo. Other amenities include Pickleball court, library, billiards, pools, hot tubs, coin laundry plus more. Lease term to 2046. The lease is registered with the Federal Government. Short and long term rentals are allowed. There is no Property Transfer Tax. Property taxes are payable to the City of Kelowna. The 2026 Annual Maintenance Fee is $8847. Included is security, water, sewer, use of the amenities, maintenance of the common areas and roads, snow removal, garbage removal area, insurance on the exterior of the building, maintenance on the exterior of the building and landscaping. This is payable in January of every year. The only pet restrictions are a number limit. There is a fenced in, off-leash dog park.
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,272 sq ft
- Parking
- 2
- Year built
- 1996
- Property tax
- $1,192 / yr
- Strata rules
- Seniors Oriented
- Days on market
- 88
- MLS®
- 10394289
- Seniors Oriented
- Refrigerator
- Range - Electric
- Dishwasher
- Microwave
- Washer & Dryer
Catchment schools, Central Okanagan School District 23
- Elementary Peter Greer Elementaryhomes in this catchment
- Middle Hs Grenda Middlehomes in this catchment
- Secondary George Elliot 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.
- Rent
- $2,098/mo
- After all costs
- $271/mo
- Cap rate
- 6.2%
- yearly net rent ÷ price
Costs: mortgage $1,524 · tax $99 · 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
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