485 Groves Avenue #301,
Kelowna, BC
$979,000
Single Family
Property Description
The True Cost of Ownership
Monthly Finance: $4,877 Taxes & Insurance: $610/mo Total Monthly Investment: $5500
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.
Experience luxury and space at SOPA Square with unparalleled outdoor living! Step into this thoughtfully designed three-bedroom, two-bathroom corner suite with a split floor plan in the heart of Kelowna’s highly sought-after South Pandosy neighbourhood. Featuring an incredibly rare 1,888 sqft private patio with North-East exposure, this home seamlessly blends indoor elegance with expansive outdoor living and convenient access to nearby amenities, making it perfect for entertaining, relaxing, or fully enjoying Kelowna’s beautiful weather. Natural light pours through oversized floor-to-ceiling windows, highlighting an open and airy layout. The gourmet kitchen is a chef’s dream, complete with a sit-up island, quartz countertops, and stainless steel appliances, including a Wolf gas range stove. Retreat to the spacious master suite with a walk-through closet and spa-inspired four-piece ensuite featuring a luxurious walk-in shower. Two additional bedrooms near the entrance provide privacy and flexibility, while a generous foyer offers a versatile den or flex space. Leave the car behind and enjoy South Pandosy’s unbeatable location, with charming cafes, restaurants, boutique shops, grocery stores, schools, and beaches all just minutes away. Furry friends are welcome as the pet-friendly policies allow two pets with no size restrictions. This is a rare opportunity to enjoy one of the Okanagan’s largest private patios available in a condo — a space you will not want to miss out on.