4350 Ponderosa Drive Unit# 237
Peachland · MLS® 10383863
2 bed · 2 bath · 1,223 sq ft · 2 parking
Townhouse · Single Family · built 2006 · 173 days on market
Listed by Jolene Iglesias, Oakwyn Realty Okanagan
Realtor's description
A perfect blend of luxury and practicality, ideal for downsizing to one-level living! This beautifully updated townhome with sweeping views of Lake Okanagan is perched above the water’s edge in Eagle’s View Community. Pride of ownership is evident throughout this 2-bedroom, 2-bathroom home featuring a thoughtfully designed open concept living and dining space, perfect for hosting. The kitchen offers quartz countertops and a convenient one-level island, with cozy radiant in-floor heating beneath new flooring with sound absorption padding. The living room has a gas fireplace with elegant floor-to-ceiling stacked stone. Enjoy a private patio off the kitchen and living room, surrounded by tranquil landscaped grounds, creating a seamless extension of your outdoor living space. The primary bedroom features a generous 3-piece ensuite with a walk-in shower and spacious closet. The front entry is just steps from a detached garage and an additional parking stall. Located close to hiking trails on Pincushion Mountain, this gated community offers secure entry, a clubhouse, gym, RV and guest parking. Strata fees remain very affordable with no increases, and low utility costs add to the ease of ownership. Additional updates include new faucets and ceiling fans in the primary bedroom and living room, new hot water on demand & heating system, valued at $10,000. This is an exceptional opportunity for comfortable, low-maintenance living just minutes from the lake in peaceful Peachland.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,223 sq ft
- Parking
- 2
- Year built
- 2006
- Property tax
- $3,540 / yr
- Strata fee
- $327 / mo ($0.27 / sq ft)
- Strata rules
- Pets Allowed, Pet Restrictions
- Days on market
- 173
- MLS®
- 10383863
Features
- One Balcony
- Pets Allowed
- Pet Restrictions
- Washer
- Refrigerator
- Range - Electric
Monthly cost
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
- −$1,785/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,919 · tax $295 · strata $327 · insurance ~$175 · 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
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Peachland Elementaryhomes in this catchment
900 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
13.3 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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