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1045 Bear Creek Lane
West Kelowna · Vacant Land
Listed by Sotheby's International Realty Canada · MLS® 10370748
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Sign inAbout this home
Welcome to Knights View Estates, the Okanagan's newest collection of premier estate lots! This gated, private community will offer nine oversized lots at a minimum of 2.49 acres in size, all with incredible lake and city views while being just a ten minute drive to downtown Kelowna. These lots have unobstructed views of Downtown Kelowna and are elevated off the water to create clear sightlines of Okanagan Lake below. At night, enjoy some of the best city views that the Okanagan has to offer. To the west, enjoy direct access to parkland, guaranteeing privacy. The lots offer prepared, flat building profiles accessible by a paved private strata road that allows for a sizeable estate-style home, and are serviced with water, electrical, gas, and cable. The lots will have substantial earthworks completed that shouldn't require additional blasting. Design guidelines are in place to ensure a high standard of building, landscaping, etc yet are not restrictive to an exact style of architecture. Lot 8, boasting 2.51 acres, offers approximately 172 feet of frontage and a +/- 7,685 square foot building area, allowing for a substantial, linear home. However, this lot also gets the benefit of a hammerhead turnaround to the South, allowing even more design options with extra side-access possibilities for a secondary garage while providing a built-in buffer for privacy. Freehold title! Filed disclosure statement for all relevant details on this development. The property is gated and requires an appointment.
Home facts
- Property type
- Vacant Land
- Area
- Westside Road
- Listed
- December 9, 2025
- Structure
- Other
- PID
- 008-347-701
- Common interest
- Freehold
Highlights
- City view
Rooms and building
- Water
- Municipal water
- Utilities
- Water, Natural Gas, Electricity, Cable
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $9,953
- Property tax
- $617/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,720
Purchase snapshot
- List price
- $2,100,000
- Down payment
- $420,000 (20%)
- Estimated mortgage
- $1,680,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $10,419
- At 4.9615 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $2,098 a month
- Gross yield
- 1.2%
Estimated rent from CMHC average rents for the region, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Kelowna
Ten year average, 2016–2025.
- Average temperature
- 9.6°C
- Daily mean across the year.
- Yearly precipitation
- 242 mm
- On the drier side for BC.
- Bright sunshine
- 1,949 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 42%
Who lives here
Documents
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