1685 Jonathan Road,
Kelowna, BC
$900,000
Single Family
Property Description
The True Cost of Ownership
Monthly Finance: $4,483 Taxes & Insurance: $560/mo Total Monthly Investment: $5050
Of this, $2,400/month builds directly toward your purchase price as a Monthly Option Credit — real equity, accumulating from day one.
This program is modeled on true ownership economics: 10% down, 25-year amortization, 4.5% rate, with taxes and insurance flowing through at actual cost — no markups. You’ll enjoy the same bundle of rights as an owner — exclusive use, quiet enjoyment, and the right to sell your interest — with the option to register your interest at the Land Title Office.
The Empowered Renter Program™ Facilitated by Vantage West Realty | Powered by Cash Offer LP and affiliated partners
How it works: Cash Offer LP purchases the home and enters into a lease option agreement with you, the Tenant-Buyer. Vantage West Realty manages applicant approval, and our team works with licensed mortgage brokers to assess affordability and build a plan toward your future purchase.
Perched on the Rutland Bench just below Tower Ranch Golf Course, this is the kind of home Kelowna summers are built around – big views of the city, the valley, and even the lake, a covered composite deck, and plenty of room for parking all the toys – Okanagan life at its finest! Set in a quiet area just minutes to Orchard Park Mall, but in a safe, family friendly neighbourhood, the location checks every box. Don’t let the 1974 build year fool you. In 1997, this home was completely gutted – all new plumbing, wiring, insulation, and windows. The mechanical bones run 20+ years newer than most comparable homes in the area. The bright main level was made for living. Large windows pour natural light into every corner, a stone-surround gas fireplace anchors the living room, and the kitchen features updated appliances, built-in pantry, and bar seating perfect for family gatherings. Three bedrooms up makes it ideal for families. Outside, low-maintenance synthetic lawn and a xeriscaped backyard mean your weekends stay yours, but there’s still lawn to kick a soccer ball! The composite deck was built for summer entertaining, a new roof is overhead, and the views of the valley and city lights never get old. Downstairs delivers serious bonus space – a massive rec room with wood-burning fireplace, 3-piece bath, an extra bedroom, laundry, and storage – you don’t know it yet but you need this space! A home this well cared for, in a location this good, doesn’t come along often, call today!