2515 Colleen Road,
West Kelowna, BC
$775,000
Single Family
Property Description
The True Cost of Ownership
Monthly Finance: $3,860 Taxes & Insurance: $480/mo Total Monthly Investment: $4350
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.
Tons of parking, fresh updates, and a private setting come together in this versatile West Kelowna property, ideal for hobbyists, families, or those needing space for extended living. Set on a generous 0.38 acre lot in a quaint pocket of Lakeview Heights, this home is just minutes from Mount Boucherie Secondary & shopping, with convenient bridge access. The landscaping & established shrubs create an added sense of seclusion, while the spacious front & back yard provide plenty of room to enjoy the outdoors. The main home offers a modern, fresh feel with 3 bedrooms & 1 full bathroom, featuring brand new floors, baseboards, and paint throughout. The layout is functional & welcoming, with direct access from the kitchen to a covered deck and stairs leading down to the yard, creating an easy indoor-outdoor flow for everyday living. A newer 1-bedroom in-law suite below adds valuable flexibility, whether for extended family or additional income potential. Outside is where the property truly stands out. The expansive yard offers a calm, private atmosphere with nearby ALR land, with ample space for entertaining, storage, or future ideas. Parking is a major highlight, with room for boats, RVs, car collectors, and more, plus a covered carport for added convenience. With nearby schools, quick highway access, and a setting that feels tucked away yet still connected, this is a property that delivers both lifestyle and long-term potential