1 / 62
Investment signal

$669,500

2440 Margaret Road

Save this home

Beds

5

Baths

2

Sqft

Year

1976

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for West Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Located on a quiet cul-de-sac. Quick possession. This fully renovated, gently lived-in, half duplex in the quiet neighborhood offers 5 bed and 2 bath, with 3 beds on the main level and 2 beds downstairs—perfect for families, guests, or a home office. The bright, modern kitchen showcases quartz countertops, stainless steel appliances, soft-close cabinetry, and timeless shaker-style doors. The same quartz countertops extend into the main bathroom, creating a sleek, high-end finish throughout. Updated lighting fixtures and quality blinds complete the polished look. The lower level boasts a spacious rec room, providing plenty of room for entertaining, a media space, or a kids’ play area. Step outside to enjoy a flat, fenced yard with a newly paved concrete patio, offering the perfect place to relax or entertain in a serene setting. There is also ample parking, adding convenience for families, guests, or recreational vehicles. Located close to all amenities including transit, shopping, doctors, and pharmacies, this home combines comfort with convenience. With beautiful views and the bonus of non-strata living—no monthly fees, this stylish and functional property is move-in ready and a rare find in West Kelowna. Hot water 2019. Furnace and heat pump are roughly 9 years old. Furnace, roof, hot water and serviced 2025. NO POLY B. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Westbank Centre
Common interest
Condo/Strata
Living area
1,933 square feet
Lot size
0.12 acres
Lot dimensions
0.12
Parking
6 total
Condo/HOA fee
$0 monthly
Stories
2
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$2,758.23
Photos
60
MLS#
10384957
Area
WEST_KELOWNA

Features and systems

Parking

Additional Parking

Basement

Full

Appliances

RefrigeratorRange - ElectricDishwasherWasher & Dryer

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Stucco

Flooring

TileLaminate

Roof

Asphalt shingleUnknown

Lot

Central island
Negative cash flow ~$755/mo at these assumptions

Cash on cash

-6.77%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,145

Financing

Down payment$133,900
Loan amount$535,600
Mortgage$2,714/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$307
Insurance$80
Maintenance$558
CapEx reserve$279
Vacancy loss$168

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,714/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.