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Investment signal

$511,000

654 Cook Road Unit# 314

Save this home

Beds

2

Baths

2

Sqft

Year

2007

Type

Single Family

Suite

Investment signal

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

Enjoy resort-style living in this beautifully designed unit featuring a spacious two bedroom plus den layout, with a den large enough to function as a third bedroom or home office. Unit can sold fully furnished as a turn-key investment. This move-in-ready home offers a clean, modern finish throughout, creating a comfortable and inviting space that feels like a getaway every day. Take full advantage of the building’s exceptional amenities, including a large pool deck with an inground pool, hot tub, fitness centre, and sauna—perfect for relaxing or staying active without leaving home. Step outside onto your patio with lake view , where you can soak up the sun and take in scenic views. Located in the sought-after Lower Mission area of Kelowna, you’re just minutes from the lake and Rotary Beach, offering the perfect balance of relaxation and outdoor adventure. With shopping, dining, and golf courses all nearby, convenience is at your doorstep. Whether you’re looking for a full-time residence, a vacation home, or an investment property, this is a fantastic opportunity to experience the best of Okanagan living. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Lower Mission
Common interest
Condo/Strata
Living area
958 square feet
Parking
1 total
Condo/HOA fee
$829.66 monthly
Stories
1
On market
Apr 10, 2026
Status changed
Apr 27, 2026
Annual tax
$2,444.63
Photos
32
MLS#
10381466
Area
KELOWNA

Features and systems

Parking

Parkade

Heating

ElectricSee remarks

Cooling

Central air conditioning

Exterior

Stucco

Flooring

TileVinyl

Roof

OtherUnknown

Lot

One Balcony

Community

Family Oriented

View

Mountain viewView (panoramic)

Waterfront

Other

Pool

PoolOutdoor pool
Negative cash flow ~$602/mo at these assumptions

Cash on cash

-7.07%

Cap rate

3.45%

GRM

16.7

Break-even rent

$3,183

Financing

Down payment$102,200
Loan amount$408,800
Mortgage$2,071/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$234
Insurance$80
Maintenance$426
CapEx reserve$213
Vacancy loss$128

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.

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.

Mortgage estimate

Estimated $2,071/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.

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