No photos available
Legal suite

$914,000

3042 Glenrosa Road

Beds

4

Baths

3

Sqft

Year

2014

About this home

Welcome to this modern, spacious home featuring vaulted ceilings, quartz countertops, travertine tile, and fresh paint throughout. New carpet for stairs & primary bedroom. The main level offers large windows for a bright, open layout with mountain and peek-a-boo lake views. Outdoor living is easy with a covered front deck and a extra large private back patio with gas bbq which also has a large covered area. Beautiful rock retaining walls and stairs help make this yard low maintenance & full of rustic beauty. A legal 1-bedroom legal suite (2021) adds exceptional value, complete with 9 ft ceilings, a gas fireplace, separate laundry. Ideal for extended family or rental income. Perfectly located close to shopping, schools, bus routes, and endless recreation: up the hill... walking trails, skiing, biking, ATVing, and The Cove Resort just down the hill on the lake with beaches, boating & walks along the lake are just a hop skip and a jump away. A beautiful home in a highly desirable area—move-in ready and designed for comfort, lifestyle, and flexibility (id:65958)

Subtype
Single Family
Lot size
0.27 acres
MLS#
10381733
Area
WEST_KELOWNA
Negative cash flow ~$926/mo at these assumptions

Cash on cash

-6.08%

Cap rate

4.67%

GRM

13.9

Break-even rent

$6,450

Financing

Down payment$182,800
Loan amount$731,200
Mortgage$4,486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$419
Insurance$80
Maintenance$762
CapEx reserve$381
Vacancy loss$274

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $4,486/mo at 5.49% with 20% down, 25-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 14, 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.