- Active
#535 – 415 Commonwealth Road
Kelowna · Recreational
Listed by Royal LePage Kelowna · MLS® 10402769
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Sign inAbout this home
Welcome to full time resort style living in this premier, year round 4 season gated community! This beautifully maintained, low maintenance lot offers private outdoor living framed by crisp white vinyl perimeter fencing. Step up to a spacious raised wooden deck covered by an overhead canopy, perfect for all weather outdoor lounging and dining year round. The vibrant yard seamlessly pairs a green artificial lawn accent with neat red wood bark mulch beds, while a sturdy white storage shed keeps all your gear organized. You'll also enjoy a concrete pad with ample parking space for vehicles and a golf cart. Perfectly positioned within walking distance, only steps away from the dog park, adult swimming pool, and the Adult Rec Centre equipped with a hot tub, seasonal salt water conversation pool, billiards, library, card room, coin laundry, washrooms, showers, and pickleball, tennis, and basketball courts! Your investment is secured with a prepaid lease until 2046. The annual maintenance fee of $4,939 + GST covers 24/7 security, water, sewer, common area upkeep, snow removal, garbage, and amenity access. Best of all, enjoy total financial flexibility with no Property Transfer Tax, long and short term rentals allowed, and quick access to the Rail Trail, local wineries, ski hills, shopping, and the airport!
Home facts
- Property type
- Recreational
- Area
- Lake Country East / Oyama
- Listed
- October 9, 2026
- Structure
- Other
- PID
- 902-012-591
- Common interest
- Leasehold
Highlights
- Pool
- Hot tub
Features and inclusions
- Community
- Seniors Oriented, Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Rooms and building
- Sewer
- Septic tank
- Water
- Well
- Utilities
- Water, Sewer, Electricity, Telephone
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
- $659
- Property tax
- $42/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $850
Purchase snapshot
- List price
- $139,000
- Down payment
- $27,800 (20%)
- Estimated mortgage
- $111,200
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
- $662
- At 4.7595 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
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Kelowna
Ten year average, 2016–2025.
- Average temperature
- 9.6°C
- Daily mean across the year.
- Yearly precipitation
- 242 mm
- On the drier side for BC.
- Bright sunshine
- 1,949 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- 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
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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.
