- Active
#4 – 1308 CEDAR Street
Okanagan Falls · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 1,584
- Built
- 2023
Listed by Chamberlain Property Group · MLS® 10393366
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Sign inAbout this home
Welcome to Lemonade Lane – Home 4 Show Home Unit Discover this exceptional 3 bedroom, 3 bathroom townhome in the highly sought-after community of Okanagan Falls, part of the boutique Lemonade Lane development. Situated in Phase 1, Home 4 holds the distinction of being the show home unit, thoughtfully upgraded with custom built-in seating and enhanced storage, making it truly one-of-a-kind. Designed in a Scandinavian farmhouse style, the home exudes a clean, modern aesthetic. The main living level features 9-foot ceilings, offering a bright, open-concept space that feels both spacious and welcoming. A bright and airy kitchen serves as the heart of the home, complete with a premium appliance package—ideal for everyday meals or entertaining guests. Upstairs, you’ll find three generously sized bedrooms, including a comfortable primary suite, along with the convenience of same-level laundry. The bathrooms are a standout, blending warm wood and natural stone tones with tile that seamlessly wraps from the floors onto the walls, creating a spa-like retreat. Step outside and enjoy your private outdoor space, perfect for barbecues, relaxing, or hosting friends and family. The home also includes a single-car garage and is located just a short drive from some of the South Okanagan’s most desirable amenities—award-winning wineries, world-class golf courses, Apex Ski Resort, and the vibrant city of Penticton. This home is also GST exempt for qualified first-time home buyers. All measurements are approximate. Contact the listing representative today for more information and to schedule your private showing.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full + 1 half
- Interior
- 1,584 sq ft
- Year built
- 2023
- Storeys
- 2
- Parking
- 2
- Property type
- Single Family
- Garage
- Yes
- Area
- Okanagan Falls
- Listed
- July 2, 2026
- Structure
- Row / Townhouse
- PID
- 032-110-375
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
- Heating
- Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Roof
- Asphalt shingle, Unknown
- Parking
- Detached Garage
- Lot
- Level lot
- Community
- Pets Allowed With Restrictions
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Irrigation District
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,915
- Property tax
- $183/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,248
Purchase snapshot
- List price
- $615,000
- Down payment
- $123,000 (20%)
- Estimated mortgage
- $492,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $1,652 a month
- Gross yield
- 3.2%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 36%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.