Rendering of the Paramount Peak streetscape at dusk, the garages and windows lit along the row

Brand new freehold townhomes in Tallus Ridge, Shannon Lake, West KelownaArtist’s rendering

Paramount Peak

From $799,999plus GST

  • 4 bedrooms
  • 3.5 bathrooms
  • 2,290 sq ft
  • Double garage
  • Freehold
  • Move in from October 2026

Eleven brand new townhomes are up on the hill above Tallus Ridge, kitchens in and paint on the walls. Three of them are on MLS today, and the first move-ins are this October.

Paramount Peak is a new community of 111 freehold townhomes going up above Tallus Ridge in Shannon Lake, West Kelowna. Phase 1 is 46 homes across four floor plans, and buildings 1 and 2, units 1 to 8, are the ones you can walk through right now. They are all built on the Redtail plan: two storeys over a walkout basement, 4 bedrooms, 3.5 bathrooms, 2,290 sq ft and a double side by side garage.

Paramount Peak in numbers

111

freehold townhomes across two phases

46

homes in Phase 1, in 12 buildings

11

under construction right now

3

on MLS today, units 1, 3 and 8

$799,999

from price, plus GST

$314.52

a month in strata fees

2,290

sq ft in every Redtail

Oct 2026

first move-in ready homes

The homes on MLS now

Three Redtails in buildings 1 and 2, all the same 2,290 sq ft plan. The price moves with the position: end units and yards carry a premium, the interior units are the base price.

Unit 1

End unit, building 1

$843,999plus GST

End unit at the top of building 1. You walk down and out to your own private backyard, the biggest yard on the site.

Plan
The Redtail, 4 bed, 3.5 bath
Living area
2,290 sq ft
MLS number
10399265

Unit 3

Interior unit, building 1

$799,999plus GST

The base price Redtail, about $349 a square foot before GST. Interior unit in building 1 with the covered deck and covered patio every Redtail gets.

Plan
The Redtail, 4 bed, 3.5 bath
Living area
2,290 sq ft
MLS number
10399266

Unit 8

End unit, building 2

$874,999plus GST

End unit at the bottom of building 2, with its own yard.

Plan
The Redtail, 4 bed, 3.5 bath
Living area
2,290 sq ft
MLS number
10399268

Buildings 1 and 2 hold 5 more Redtails, units 2, 4, 5, 6 and 7, at the same stage of construction. They are not on MLS yet. If one of those positions is the one you want, ask Karsen about it.

The finished home, rendered

Every rendering Tallus has released, shown in the Oak and Ivory scheme unless it says otherwise: the great room with the electric fireplace, the kitchen and dining from the sofa, and the primary ensuite. The streetscape at the top of the page is the same set. Renderings are an artist’s conception and a general reference only.

5 photos. Swipe through them, tap one to open it.

Pick your scheme

Every home is finished in one of two schemes, Oak and Ivory or Urban Loft. On a home that is not finished yet, you choose. Drag the handle to compare.

Rendering of the kitchen in the Urban Loft schemeOak and IvoryUrban Loft
The kitchen. Quartz counters and the island with seating are standard in both schemes.
Rendering of the ensuite vanity in Urban LoftOak and IvoryUrban Loft
The ensuite vanity, with the glass shower beside it.
Paramount Peak from the air, buildings 1 and 2 on the hillside with the valley and Okanagan Lake beyond

Four floor plans

Every plan has a double garage and a covered outdoor space. The Redtail is the one under construction and on MLS today. The rest are released as the buildings go up.

Two storey with walkout basement

The Redtail

2,290 sq ft4 bedrooms, 3.5 bathrooms

The family plan, and the one you can walk through today. The main floor is one open room, the kitchen and its island, the dining area and a living room with an electric fireplace, and it opens onto a covered deck. Upstairs are three bedrooms, a full bathroom and a laundry room, and the primary ensuite walks through to a large walk-in closet. The walkout basement runs ten foot ceilings, with a rec room onto the covered patio, a fourth bedroom that works as an office, a full bathroom and storage under the stairs.

Walkout basement
510 sq ft
Main floor
740 sq ft
Second floor
1,040 sq ft
Homes on this plan
20 of 46. Units 1 to 8 and 27 to 38
  • Biggest upstairs of the four plans, 1,040 sq ft
  • Covered deck up and a covered patio down
  • Laundry room on the bedroom floor
  • Double side by side garage

Units 1 to 8 under construction. Units 1, 3 and 8 on MLS.

The Redtail floor plan PDF

Swipe through the floors, tap one to open it. Dimensions and floor areas are approximate. The builder reserves the right to make changes without notice.

The whole hill

Phase 1 is 46 homes in 12 buildings. Buildings 1 and 2, on the left, are the eight Redtails you can walk through now, and units 24 to 26 across the road are the first Whiskeyjacks. Phase 2 adds 65 more homes after that, 111 in all.

Tallus builds to sales. The next building starts once four more homes sell, so the community fills in over years rather than all at once.

The Redtail
20 homes
The Whiskeyjack
15 homes
The Osprey
7 homes
The Raven
4 homes
Open the site plan PDF
Paramount Peak Phase 1 site plan, 46 homes in 12 buildings
Unit 1, $843,999
Unit 3, $799,999
Unit 8, $874,999
Units 24 to 26, under construction

Swipe to see the whole plan. Filled pins are the units on MLS with their price before GST. Open dots are the rest of buildings 1 and 2. Site plan from the developer, September 2025.

Framed, roofed, siding on

Buildings 1 and 2 are the eight Redtails on the left of the site plan, photographed at the end of August 2026. They have moved on since: kitchens in, floors down, painting done. Hardie siding in two exterior schemes, aluminum picket rails, and double garages a full size truck fits in.

12 photos. Swipe through them, tap one to open it.

The deck and the view

Every Redtail gets a covered deck off the dining area and a covered patio off the rec room below it. The main floor looks down the valley to the mountains.

5 photos. Swipe through them, tap one to open it.

Inside

These photos are from the end of August, when the drywall had just gone up. The homes are well past that today: the kitchens are in, the flooring is down and the painting is done. Quartz counters are standard, the appliances are included, and the basements run ten foot ceilings all the way through, storage room included. Book a showing and walk one.

3 photos. Swipe through them, tap one to open it.

The hill it sits on

Paramount Peak sits above the finished streets of Tallus Ridge, with Shannon Lake and the golf course below and the whole valley in front of it. Tallus has built here since 2008 and its last three townhome phases sold out.

11 photos. Swipe through them, tap one to open it.

Fly the site

Drone footage from the end of August 2026, with a walk through a Redtail under construction.

How the price compares

The Association of Interior REALTORS publishes benchmark prices for Shannon Lake, the neighbourhood Paramount Peak sits in. A Redtail at $799,999 plus GST lands close to the typical resale townhouse here, brand new instead of lived in, with a double garage and a walkout basement, and roughly $182,500 under the typical detached house on the same streets. Those are published benchmarks, not our estimates.

Typical Shannon Lake townhouse, resale

Benchmark, June 2026

$786,900
Paramount Peak Redtail, brand new

2,290 sq ft, about $349 a sq ft

$799,999 plus GST
Typical Shannon Lake detached house, resale

Benchmark, June 2026

$982,500

Two programs written for brand new homes

British Columbia’s newly built home exemption can remove the property transfer tax on a new home up to $1,100,000 when it is your principal residence. On a Redtail that tax would otherwise run around $14,000.

First time buyers may also qualify for the federal GST rebate on a new home under $1,000,000, which could return the full GST on the purchase. Eligibility is yours to confirm with your lawyer or accountant, and Karsen will point you to the right people. Programs exist; whether you qualify is a question for them.

Prices
From $799,999 plus GST. Unit 1 $843,999, Unit 3 $799,999, Unit 8 $874,999.
MLS numbers
10399265, 10399266, 10399268
Community
Paramount Peak, 111 freehold townhomes in two phases above Tallus Ridge
Address
2509 Paramount Peak Drive, West Kelowna, units 1 to 8
Type
Freehold strata townhomes, fee simple strata lots
Built
2026, brand new, never occupied
Plan
The Redtail, two storeys over a walkout basement
Living area
2,290 sq ft, 740 on the main floor, 1,040 upstairs and 510 in the walkout
Bedrooms
4, one of them the office in the walkout
Bathrooms
3.5, with a powder room on the main floor
Garage
Double, side by side
Outdoor
Covered deck off the dining area, covered patio off the rec room
Ceilings
Ten feet through the whole basement
Kitchen
Quartz counters standard, island, fridge, stove, dishwasher and microwave included
Laundry
Dedicated laundry room upstairs, washer and dryer included
Fireplace
Electric
Finishes
Two schemes, Oak and Ivory or Urban Loft
Party walls
Double framed, built above code for sound
Heating
Forced air
Utilities
City of West Kelowna water and sewer, FortisBC gas, BC Hydro
Strata fees
$314.52 a month for units 1, 2, 3, 6, 7 and 8. $311.70 for units 4 and 5
Warranty
New home warranty
Possession
October 2026
Listed by
Karsen Koltun, Royal LePage Kelowna

Tallus Ridge, Shannon Lake

West Kelowna. Drive times from the site.

Shannon Lake Golf Club
5min
Shannon Lake Elementary
5min
Highway 97 at Westbank Centre
8min
Downtown Kelowna
15min
Shannon Lake and the golf course, five minutes below the site.

Shannon Lake and the golf course, five minutes below the site.

Tallus Park playground
Tallus Park
Trail through the pines at Tallus Ridge
Trails at Tallus Ridge
Tallus Ridge sign at sunset
Tallus Ridge
Karsen Koltun, REALTOR, Royal LePage Kelowna

Karsen Koltun

REALTOR, Royal LePage Kelowna

Book a showing

Born and raised in Kelowna. Royal LePage Kelowna Rookie of the Year, 2026. Call or text 250 421 8260, or send a time that works and Karsen will confirm it.

karsen@royallepage.ca