Kelowna Waterfront Living
Some of British Columbia’s best waterfront homes and condos are located in Kelowna BC. Choose from a broad selection of some of the most elegant lakeshore homes and condos to a simple vacation condominium or townhouse. Waterfront lots and homes in Kelowna range is price from $500,000 for a townhouse on leased land to $20,000,000 for a lakefront home on 124 acres.
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With the mountains rising up from the shores of Lake Okanagan there are plenty of streets and neighbourhoods in Kelowna that enjoy breathtaking lake views. Of course, you can expect a higher price tag for a lake view home, though if you have the budget why not take your home search up a notch and look instead at the Kelowna lakeshore? Lakefront living offers the ultimate in luxury and lifestyle, whether you prefer the ease of waterfront condos or townhomes, or the privacy of a single family home, you’ll find all these and more on the shores of Lake Okanagan in Kelowna.
Single family Kelowna lakeshore homes that have freehold title will vary in price depending on their exact location, and of course on the size of the home and the lot but you should expect to pay upwards of $850,000.
Freehold and Leasehold Lakeshore Homes
Not all Okanagan lakeshore homes will have freehold title. There are many stretches of the Kelowna lakeshore where cottages have been built on leasehold land. Although you will not be buying the freehold title to the land you still own the buildings on that land, and you’ll have a lease agreement term with the land owner. The advantage to this is that you can usually buy waterfront homes for less than you would buy one that has freehold title. This way you get to enjoy a detached home on Lake Okanagan for a fraction of the cost. A cottage on the lake could be priced anywhere between $500 and $800,000.
Waterfront Condos or Townhomes
Not everyone wants a home with land and a yard that you have to maintain, but that’s okay as Kelowna does have plenty of lakeshore condos available too. Lakeshore condos and townhomes offer a more care-free lifestyle because someone else takes care of such things as external building maintenance and yard work, leaving you with more time to enjoy living right on the Kelowna lakeshore.
Waterfront condos and townhomes start more reasonably priced too; a 1 bedroom condo, for example, starts around $300,000, but for just $50,000 more you can benefit from the additional space of an attached townhome. You wouldn’t get the lake views at this price, but you can still enjoy the waterfront lifestyle.
Condos and townhomes can be luxurious too, with the price tag to match. A penthouse condo with close to 3,000 square feet would set you back $1.5 million, while a detached townhome in a walled lakefront community would cost around $2.5 million.