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Investment signal

$399,000

3155 Gordon Drive Unit# 207

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Beds

Baths

Sqft

—

Year

1985

Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Tucked away in one of the quietest areas of the development, this fantastic lofted end-unit townhome offers privacy, natural light, and exceptional value. With desirable south-facing exposure and a charming yard space, you’ll enjoy bright, sun-filled living and the added bonus of a front grass area—perfect for kids and pets to play. The open-concept layout creates a spacious, airy feel, ideal for both everyday living and entertaining. Thoughtful updates throughout include stylish laminate flooring, newer kitchen appliances, modern cabinetry and countertops, updated fixtures, and refreshed interior doors. The lofted design adds character and flexibility—perfect for a home office, guest space, or cozy retreat. Whether you’re looking for a comfortable primary residence or a solid investment property, this move-in-ready home checks all the boxes. Ideally situated close to schools, shopping, parks, and recreation, convenience is at your doorstep. (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Community: Lower Mission
Common interest: Condo/Strata
Living area: 857 square feet
Parking: 1 total
Condo/HOA fee: $312.5 monthly
Stories: 1.5
On market: Feb 25, 2026
Status changed: Apr 24, 2026
Annual tax: $1,901.95
Photos: 19
MLS#: 10376562
Area: KELOWNA

Features and systems

Parking

Stall

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

StuccoWood siding

Flooring

TileLaminateLinoleum

Roof

Asphalt shingleUnknown

Community

Pet RestrictionsPets Allowed With Restrictions

Negative cash flow ~$479/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-7.20%

Cap rate

3.42%

GRM

16.6

Break-even rent

$2,504

Financing

Down payment$79,800

Loan amount$319,200

Mortgage$1,617/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183

Insurance$80

Maintenance$333

CapEx reserve$166

Vacancy loss$100

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 $1,617/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 24, 2026.