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$85,900

415 Commonwealth Road Unit# 859

Lake Country East / Oyama, Kelowna · MLS® 10393575

0 sq ft lot

Land · Vacant Land · 95 days on market

Listed by Marion Lahey, Coldwell Banker Horizon Realty

Realtor's description

Low maintenance corner site across the street from Ellison Lake. Easy access to move your RV on to the site. Standard designated site with a lease term to 2046. Leases are registered with the Federal Government. The 2026 Annual Maintenance Fee is $5186, includes security, water, sewer, use of the amenities, maintenance of the common areas and roads, snow removal and garbage disposal area. Woodlands Adult Rec Centre is a few minutes away. Here you will find the Pickleball court, hot tub, conversation pool, library, games room, billiards and coin laundry. Enjoy all the amenities in the gated community of Holiday Park Resort: golf course, pools, hot tubs, sauna, hair salon, shuffleboard, dinners and dances, happy hours, Thyme at Ellison Lake restaurant and Upfront Market. There is no Property Transfer Tax. Long and short term rentals are allowed. Property Taxes are payable to the City of Kelowna.

Property details

Type: Land, Vacant Land
Lot: 0 sq ft
Parking: 0
Property tax: $517 / yr
Strata rules: Adult Oriented, Seniors Oriented, Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 95
MLS®: 10393575

Features

Adult Oriented
Seniors Oriented
Pet Restrictions
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

Property insights

On market 95 days

The market here

Listed now: 106 days; median for 153 homes for sale; this one 95 days

Homes in Kelowna. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$417/mo

Mortgage $374 · Tax $43

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

estimated payment

$374/ monthly

loan $68,720

25-year amortization

down payment20% · $17,18020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $43,557
property transfer tax: $859; BC general rate
cash to close: $18,039; down + PTT
total paid: $112,277

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lake Country East / Oyama, KelownaGoogle Maps ↗

Location

Lake Country East / Oyama, KelownaGoogle Maps ↗

Schools

Catchment schools, Central Okanagan School District 23

Elementary Peter Greer Elementaryhomes in this catchment
3.1 km away · 10300 Sherman Dr, Winfield · 250-870-5129
Middle Hs Grenda Middlehomes in this catchment
2.7 km away · 10168 Konschuh Rd, Lake Country · 250-870-5124
Secondary George Elliot Secondaryhomes in this catchment
2.9 km away · 10241 Bottom Wood Lake Rd, Winfield · 250-870-5102

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.

Good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary
Wildfire
The BC Wildfire Service rates Kelowna's wildland urban interface as risk class 1 of 5 (the highest class). 3 wildfires of 10 hectares or more burned within 5 km since 2006: 2023 (733 ha), 2023 (373 ha), 2017 (50 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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