- Active
#410/411 – 12811 Lakeshore Drive
Summerland · Recreational
- Beds
- 2
- Baths
- 2
- Sqft
- 936
- Built
- 2007
Listed by Parker Real Estate · MLS® 10382956
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Sign inAbout this home
Welcome to one of the most desirable and flexible suites at the Summerland Waterfront Resort- widely regarded as offering the best amenities in the South Okanagan. This rare ground-level, south-facing double suite (units 410 & 411) features two patios that walk out to greenspace and a quaint sandy beach, offering privacy, sunshine, and unbeatable views. The thoughtfully designed layout includes a lock-off option, or use the whole double suite! Featuring two bedrooms, two full bathrooms, a full kitchen with granite countertops, a bright and open living space with a cozy fireplace, and a large walk-out patio with views of Okanagan Lake. This resort-style property is professionally managed and includes top-tier amenities: outdoor pool, hot tub, sauna, spa, cafe, sundeck, beachfront access, boat docks, BBQ areas, underground parking, fitness centre, and boat/bike rentals. Strata fees cover heating, electricity, cable TV, management, and all resort amenities. Owners may use the suite a certain amount per year, with mandatory participation in the rental pool for the remaining time- generating strong and growing revenue. Whether you're seeking a luxurious vacation retreat, or a place for extended family stays (with an income-generating bonus!) this turnkey lakeside property delivers. Don’t miss this rare opportunity...start earning Summer 2026 income today.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 936 sq ft
- Year built
- 2007
- Storey
- 1
- Property type
- Recreational
- Area
- Lower Town
- Style
- Other
- Listed
- April 10, 2026
- Structure
- Apartment
- PID
- 027-825-264
- Common interest
- Condo/Strata
Highlights
- Waterfront
- Gym
- Pool
- Patio
- Hot tub
- Sauna
- Recreation centre
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Heating
- Heat Pump, Electric, Geothermal
- Cooling
- Heat Pump, Geothermal
- Flooring
- Tile, Laminate, Carpeted
- Parking
- Additional Parking
- Lot
- Two Balconies
- Community
- Recreational Facilities, Pets Allowed With Restrictions
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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
- $2,275
- Property tax
- $142/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,566
Purchase snapshot
- List price
- $479,900
- Down payment
- $95,980 (20%)
- Estimated mortgage
- $383,920
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,271
- At 4.7326 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,500 a month
- Gross yield
- 3.8%
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 · 42%
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.
