
747 Patterson Avenue Unit# 2
Kelowna South, Kelowna · MLS® 10397492
3 bed · 3 bath · 1,465 sq ft · 1 parking
Townhouse · Single Family · built 2024 · 55 days on market
Listed by Ann Stanley, REMAX Kelowna
A townhome with the privacy & feel of a duplex! This beautifully finished 3-bedroom, 2.5-bath home shares just one wall and enjoys a street-facing position in an intimate 4-home development. Two outdoor spaces set this home apart. Fully fenced, landscaped front yard has been lovingly planted with flowers, creating a private spot to relax and watch the world go by. The approximately 375 sq. ft. rooftop patio offers city and mountain views—perfect for early mornings or unwinding in the late afternoon and evening. Gas and electrical hookups make entertaining easy. Inside, the bright open-concept main level features a beautifully designed kitchen with KitchenAid appliances, gas range, Kohler sink, quartz countertops and backsplash, and waterfall-edge island. An electric fireplace, LED lighting and glass stair detailing complete the contemporary feel. The primary suite includes a walkthrough closet and exceptionally bright 4-piece ensuite with dual sinks and a spacious tiled shower. Two additional bedrooms offer flexibility for family, guests or a home office. A detached single garage is roughed in for EV charging, and the home remains covered by new home warranty. Ideally located close to Pandosy Village, Okanagan Lake, KGH, downtown, restaurants and amenities, this is an excellent option for hospital or downtown professionals who want to leave the car at home. Approximately one year old, it offers nearly-new living without the GST associated with buying brand new.
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,465 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $3,745 / yr
- Strata fee
- $36 / mo ($0.02 / sq ft)
- Strata rules
- Pets Allowed, Pets Allowed With Restrictions
- Days on market
- 55
- MLS®
- 10397492
- Central island
- One Balcony
- Pets Allowed
- Pets Allowed With Restrictions
- Refrigerator
- Range - Gas
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $2,713/mo
- After all costs
- −$1,513/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $3,485 · tax $312 · strata $36 · 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
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