House
$899,900
6160 Davies Crescent
Peachland34 days on market
3 bd3 ba2,063 sq ft
MLS® 103995031 / 40
$1,149,000
4200 Beach Avenue Unit# 201
Peachland · MLS® 10399834
2 bed · 2 bath · 1,888 sq ft · 2 parking
Condo · Single Family · built 2005 · 33 days on market
Listed by David Collins, Coldwell Banker Horizon Realty
Realtor's description
Downsizing from a large home but still want luxury? Your chance to own this gorgeous 2 bedroom plus den luxury condo in 'The Gateway Residences' across the street from the Lake Okanagan. Unit 201 is for the most discerning luxury condo buyer who appreciates a large open floor plan with high end finishes plus an award-winning gourmet kitchen boasting old world accents with custom tile work. Travertine tile floors with inlaid mosaic tile, full Travertine tile backsplashes in kitchen and baths, adorned with classic art, wrought iron light fixtures and stone crown mouldings. Fawn over an oversized, curved island in a kitchen featuring solid wood cabinetry. Enjoy 5 burner Wolf cooktop, double ovens, a built in Miele cappuccino maker. The kitchen boasts everything you want for cooking and entertaining. Huge 645 sq. ft. wrap around covered balcony for enjoying all the action on Beach Avenue and enchanting views of Lake Okanagan. The morning sun off of the lake is spectacular. Go downstairs for coffee & goodies at award winning Bliss Bakery or meet your friends on the beach. The Gateway has 2 secure covered parking spots, storage locker, huge amenities room with fitness and games. Only 13 units make up this boutique luxury residence. The Gateway welcomes you & your visitors with a grand entrance that has soaring ceilings slate floors & wide carpeted hallways right to your front door. Discover the lifestyle that unit 201 in The Gateway offers you. Downsize into luxury and lifestyle.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,888 sq ft
- Parking
- 2
- Year built
- 2005
- Property tax
- $5,904 / yr
- Strata fee
- $913 / mo ($0.48 / sq ft)
- Days on market
- 33
- MLS®
- 10399834
Features
- Central island
- One Balcony
- Washer
- Refrigerator
- Range - Gas
- Dishwasher
Monthly cost
$6,411/mo
Mortgage $5,006 · Tax $492 · Strata $913
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
- −$4,516/mo
- Cap rate
- 0.5%
- yearly net rent ÷ price
Costs: mortgage $5,006 · tax $492 · strata $913 · 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
PeachlandGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Peachland Elementaryhomes in this catchment
600 m away · 5486 Clements Cres, Peachland · 250-870-5122
- Middle Glenrosa Middlehomes in this catchment
8.0 km away · 3430 Webber Rd, West Kelowna · 250-870-5142
- Secondary Mount Boucherie Secondaryhomes in this catchment
13.2 km away · 2751 Cameron Rd, West Kelowna · 250-870-5101
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.
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