Featured Imagery

Exceptional Property

13417 Lakeshore Drive, Summerland

$499,900

2 Bedrooms

2 Bathrooms

980 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

Apartment

Year Built

2024

Square Footage

980 square feet

Bedrooms

2 Bedrooms

Bathrooms

2 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Modern Lakeside Living at Pier 14 – 2 Bed, 2 Bath Condo in Summerland Experience the best of Okanagan living in this stunning 2-bedroom, 2-bathroom condo located in the sought-after Pier 14 development on Lakeshore Drive. Situated just steps from the Summerland waterfront, and the prestigious Summerland Yacht Club, this home offers the perfect blen...

MLS Number

10346537

Listed By

Coldwell Banker Horizon Realty

Last Updated

Jul 17, 2025, 12:40 a.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Single Family

Architectural Style

Apartment

Year Built

2024

Square Footage

980

Zoning

Mixed

Climate Control & Utilities

Heating System

Forced air

Air Conditioning

Central air conditioning

Exterior & Surroundings

View Type

Mountain view, Valley view

Roof Material

Tar & gravel, Unknown

Additional Amenities

Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave, Washer/Dryer Stack-Up

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 10346537

List Date

May 8, 2025, 11:29 p.m.

List Price

$499,900

Property Type

Sale

Bedrooms

Bathrooms

New

MLS# 10341859

List Date

Apr 4, 2025, 7:18 p.m.

List Price

$669,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.