Townhouse
$580,000
14% less per sq ft3825 Glen Canyon Drive Unit# 104
Westbank Centre, West Kelowna61 days on market
3 bd3 ba1,682 sq ft
MLS® 103969811 / 36
$575,000
4205 Gellatly Road Unit# 336
Westbank Centre, West Kelowna · MLS® 10396345
2 bed · 2 bath · 1,072 sq ft · 1 parking
Condo · Single Family · built 2006 · 64 days on market
Listed by Jane Dunbar, Royal LePage Kelowna
Realtor's description
Welcome to The Cove Resort! This spacious unit features a split floorplan layout with 2 bedrooms, each with their own ensuite bathroom (4-piece and 5-piece cheater ensuite). Suite 336 is designed for optimal comfort and luxury, featuring vinyl plank flooring in the main living area, white cabinetry in the kitchen, and all-new faucets and toilets. Maximize your enjoyment with the south-west exposure, perfect for sun-lovers. This highly sought-after floor plan boasts abundant natural light, elegant finishes including granite countertops, a gourmet kitchen, upgraded appliances, and a wine/beverage fridge. You can also host gatherings on your expansive 9' x 24' covered balcony with park and lake views. The Cove offers premier Okanagan living! Situated on a 6.5-acre resort, amenities include 2 outdoor pools, 2 hot tubs, a putting green, a marina, a gym, water sports, tennis courts, a theatre, paddleboard storage, and an on-site restaurant. Perfect for small families, large groups, and anyone in between, The Cove Lakeside Resort promises the finest lifestyle or vacation experience. Make this your full-time home, or opt-in to the stress-free rental pool to earn revenue. Please note that The Cove is short-term rental exempt. The property allows for 2 dogs or 1 cat.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,072 sq ft
- Parking
- 1
- Year built
- 2006
- Property tax
- $2,716 / yr
- Strata fee
- $830 / mo ($0.77 / sq ft)
- Strata rules
- Pets Allowed, Pet Restrictions, Pets Allowed With Restrictions
- Days on market
- 64
- MLS®
- 10396345
Features
- Balcony
- One Balcony
- Pets Allowed
- Pet Restrictions
- Pets Allowed With Restrictions
- Refrigerator
Monthly cost
$3,561/mo
Mortgage $2,505 · Tax $226 · Strata $830
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
- −$1,666/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $2,505 · tax $226 · strata $830 · 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
Westbank Centre, West KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Peachland Elementaryhomes in this catchment
7.2 km away · 5486 Clements Cres, Peachland · 250-870-5122
- Middle Glenrosa Middlehomes in this catchment
3.9 km away · 3430 Webber Rd, West Kelowna · 250-870-5142
- Secondary Mount Boucherie Secondaryhomes in this catchment
6.2 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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