Condo
$634,900
4380 Lakeshore Road Unit# 206
Lower Mission, Kelowna62 days on market
2 bd2 ba1,056 sq ft
MLS® 103969801 / 28
$599,000
950 Lanfranco Road Unit# 69
Lower Mission, Kelowna · MLS® 10398669
2 bed · 2 bath · 1,531 sq ft · 2 parking
Townhouse · Single Family · built 1989 · 42 days on market
Listed by Darcy Tarves, Royal LePage Kelowna
Realtor's description
Exceptional one-level townhome with ideal Lower Mission location in popular 950 Lanfranco Estates Community, only blocks to most amenities, parks and the beach. This open planed home has been nicely updated and features spacious rooms, granite counter-tops, engineered wood floors throughout, plus numerous skylights to make it bright and cheery! There is a floor to vaulted ceiling feature wall in the living room with gas fireplace and built-in bookcase as well as access to the covered patio at the rear. There is a generous sized principal bedroom with walk-in closets enroute to the updated 4 piece ensuite plus an additional bedroom at the other end of the unit for guest privacy or office work. Other features are: Double attached garage, Built-in Vac system, and Central Air. The community is quite active and centers around the clubhouse with meeting room with kitchen, outdoor pool and shuffleboard. Complex is pet friendly but with restrictions.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,531 sq ft
- Parking
- 2
- Year built
- 1989
- Property tax
- $3,073 / yr
- Strata fee
- $525 / mo ($0.34 / sq ft)
- Strata rules
- Seniors Oriented
- Days on market
- 42
- MLS®
- 10398669
Features
- Seniors Oriented
Monthly cost
$3,391/mo
Mortgage $2,610 · Tax $256 · Strata $525
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
- −$1,636/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $256 · strata $525 · 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
Lower Mission, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Raymer Elementaryhomes in this catchment
900 m away · 657 Raymer Ave, Kelowna · 250-870-5125
- Middle Klo Middlehomes in this catchment
500 m away · 3130 Gordon Dr, Kelowna · 250-870-5106
- Secondary Kelowna Secondaryhomes in this catchment
700 m 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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