720 Valley Road Unit# 43
North Glenmore, Kelowna · MLS® 10401267
3 bed · 3 bath · 1,591 sq ft · 2 parking
Townhouse · Single Family · built 2023 · 13 days on market
Listed by Ian Watson, Coldwell Banker Horizon Realty
Realtor's description
NEW CONSTRUCTION! With 1,591 sq. ft. of thoughtfully planned living space, this home offers a comfortable layout with room to entertain and unwind. The bright main floor brings everyday living together in one welcoming space. Start the day in the breakfast nook, gather around the spacious kitchen, or settle into the living room. Upstairs are two bedrooms, a full bathroom, stacked laundry, and a primary suite with a walk-in closet and private four-piece ensuite. The private rooftop patio is a standout, with panoramic views of Dilworth Mountain and a peekaboo lake view. A gas hookup makes it easy to add a BBQ or fire table and enjoy Okanagan sunrises and sunsets. Downstairs, the tandem garage provides extra space for vehicles, storage, and all your gear.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,591 sq ft
- Parking
- 2
- Year built
- 2023
- Property tax
- $3,790 / yr
- Strata fee
- $237 / mo ($0.15 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 13
- MLS®
- 10401267
Features
- Central island
- Balcony
- Pets Allowed
- Washer
- Refrigerator
- Range - Gas
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
- $2,713/mo
- After all costs
- −$1,456/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $3,224 · tax $316 · strata $237 · 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
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Watson Road Elementaryhomes in this catchment
1.0 km away · 475 Yates Rd, Kelowna · 250-870-5137
- Middle Dr. Knox Middlehomes in this catchment
2.4 km away · 121 Drysdale Blvd, Kelowna · 250-870-5130
- Secondary Kelowna Secondaryhomes in this catchment
4.8 km away · 1079 Raymer Ave, Kelowna · 250-870-5105
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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