TURN-KEY | FULLY FURNISHED | STR-FRIENDLY | STRONG RENTAL HISTORY | PHENOMENAL INVESTMENT | NO GST | NO PROPERTY TRANSFER TAX | NO SPECULATION TAX. Discover elevated Okanagan living at this exceptional 5-bedroom + flex, 4-level U1 townhome at Shelter Bay, just minutes from downtown Kelowna. Offering stunning lake views from every level, this luxurious home combines sophisticated design, exceptional amenities, and an unbeatable lakeside lifestyle. Fully furnished and backed by a strong history of rental income, this property presents a phenomenal investment opportunity while also serving as an exceptional luxury residence or vacation retreat. One of the community’s most desirable floorplans, the extra-wide U1 features a private elevator servicing all four levels, open-concept living, exposed wood beams, premium finishes, high-end appliances, private rear patio, and a side-by-side double garage. The showstopper is the private rooftop terrace, offering panoramic lake views, hot tub, built-in BBQ and outdoor kitchen—perfect for entertaining. Upgrades include rooftop kitchen/BBQ, hot tub, epoxy garage flooring, and EV charger. Shelter Bay offers a private waterfront park with sandy beach, playground, beach volleyball, pavilion, picnic area and planned wharf. The future amenities center will feature a pool, hot tub, theatre, golf simulator, gym, lounge, games room and lakeview sundecks. A rare turnkey opportunity combining luxury, lifestyle, and proven rental potential. (id:2493)
Property Type:
Single Family
Common Interest:
Leasehold
Property Attached:
Yes
Total Living Area:
2,772 sq. ft.258 m2
Association Fee:
367.5
Association Fee Frequency:
Monthly
Taxes:
$5,867.7 /
-
Community:
Lakeview Heights
Features:
Recreation Centre, Whirlpool, Clubhouse
Exterior Features:
Other
Community Features:
Pets Allowed, Recreational Facilities, Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
Data was last updated September 21, 2026 at 05:15 PM (UTC)
Area Statistics
Listings on market:
138
Avg list price:
$1,289,000
Min list price:
$89,000
Max list price:
$5,995,000
Avg days on market:
74
Min days on market:
3
Max days on market:
480
Avg price per sq.ft.:
$432.16
These statistics are generated based on the current listing's property type
and located in
Lakeview Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.