House
$899,900
6160 Davies Crescent
Peachland34 days on market
3 bd3 ba2,063 sq ft
MLS® 103995031 / 40
$974,900
5979 Princess Street
Peachland · MLS® 10396325
3 bed · 3 bath · 2,331 sq ft · 4 parking
Townhouse · Single Family · built 2023 · 68 days on market
Listed by Jason Coward, Royal LePage Kelowna
Realtor's description
Welcome to Somerset Heights, where modern design meets some of Peachland’s most spectacular unobstructed views of Okanagan Lake. Completed in 2023, this beautifully upgraded 2,332 sq. ft. townhome offers 3 bedrooms, 3 bathrooms and exceptional multi-level living with the convenience of a private elevator. The bright, open main level is designed around the view and features engineered hardwood flooring, a custom feature wall, fireplace, motorized blinds and a stunning kitchen with quartz countertops, black Moen fixtures, KitchenAid stainless steel appliances and a Silhouette wine fridge. Step onto the main-floor patio to enjoy your morning coffee and the ever-changing lake scenery. The spacious primary suite includes a beautiful ensuite with double sinks, quartz counters, heated floors and an impressive walk-in closet. Two additional bedrooms, enhanced soundproofing and a professionally installed Murphy bed provide flexibility and privacy for family and guests. Upstairs, a relaxing loft leads to the showstopping rooftop patio, complete with a motorized louvered roof cover, motorized sunshade with automatic wind sensor, outdoor kitchen, water bib and conduit for future irrigation or misting. Additional features include upgraded lighting, ceiling fans, motion-sensor bathroom lighting, epoxy garage flooring and a Wi-Fi-enabled garage door opener. Thoughtfully finished and designed for effortless Okanagan living.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,331 sq ft
- Parking
- 4
- Year built
- 2023
- Property tax
- $5,893 / yr
- Strata fee
- $442 / mo ($0.19 / sq ft)
- Strata rules
- Rentals Allowed
- Days on market
- 68
- MLS®
- 10396325
Features
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Wine Fridge
- Range
Monthly cost
$5,180/mo
Mortgage $4,248 · Tax $491 · Strata $442
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
- $2,713/mo
- After all costs
- −$2,859/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $4,248 · tax $491 · strata $442 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
2.9 km away · 5486 Clements Cres, Peachland · 250-870-5122
- Middle Glenrosa Middlehomes in this catchment
10.3 km away · 3430 Webber Rd, West Kelowna · 250-870-5142
- Secondary Mount Boucherie Secondaryhomes in this catchment
15.5 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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