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Investment signal

$1,199,000

2846 Canyon Crest Drive

Save this home

Beds

5

Baths

3

Sqft

Year

2021

Type

Single Family

Suite

Suite potential

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

Welcome to this exceptional grade-level entry home in the highly sought-after Tallus Ridge community—where thoughtful design meets everyday luxury. Situated on an oversized lot with lake views, this home offers space, style, and functionality in equal measure. Step inside to discover a bright and airy main floor, highlighted by soaring 10-foot ceilings and expansive windows that flood the space with natural light while capturing stunning views of Shannon Lake. The heart of the home is a chef-inspired kitchen featuring a large island, quartz countertops, a gas range, and generous cabinetry for all your culinary needs. The open-concept layout continues into the spacious living room, complete with custom built-ins and a cozy gas fireplace—perfect for relaxing evenings. The adjoining dining area easily accommodates large gatherings and flows seamlessly to the semi-covered back patio, ideal for indoor-outdoor entertaining. Three well-sized bedrooms, including a luxurious primary suite. The primary retreat features dual walk-in closets and a spa-like ensuite with a walk-in tiled shower. A large laundry room adds everyday convenience. Downstairs, you'll find a versatile den or fourth bedroom off the foyer, along with a fully self-contained legal one-bedroom suite—perfect for extended family, guests, or added rental income. A perfect blend of luxury, comfort, and investment opportunity—this home is a rare offering in one of West Kelowna’s most desirable neighbourhoods. (id:65958)

Subtype
Single Family
Structure
House
Community
Shannon Lake
Common interest
Freehold
Living area
3,029 square feet
Lot size
0.29 acres
Lot dimensions
0.29
Parking
2 total
Stories
2
Fireplace
1
On market
Jun 20, 2025
Status changed
Apr 20, 2026
Annual tax
$5,572.42
Photos
66
MLS#
10353075
Area
WEST_KELOWNA

Features and systems

Parking

Attached Garage

Heating

Forced air

Cooling

Central air conditioning

Lot

Balcony
Negative cash flow ~$1,288/mo at these assumptions

Cash on cash

-6.45%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,356

Financing

Down payment$239,800
Loan amount$959,200
Mortgage$4,860/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$999
CapEx reserve$500
Vacancy loss$300

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 $4,860/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 20, 2026.

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