About this home

Opportunity to aquire a prime ""in-fill"" two lot assembly from one family within one block to Okanagan College. Contiguous 1.5 acre South Kelowna , OCP ""Core Neighbourhood"" designation redevelopment site. Prime location on K.L.O. Road, a Transit Supportive Corridor, steps to Okanagan College, K.L.O. Middle School, Kelowna Secondary School, Kelowna Pandosy Village, and a short drive to Kelowna General Hospital and Downtown Kelowna. Base 1.8 FAR, 6 storey height. Preliminary Analysis from Lime Architecture and topo survey available. Must be purchased/sold together with 1269 K.L.O. Road. (MLS: 10379606)

Home facts

Interior: 1,792 sq ft
Year built: 1961
Parking: 1
Property type: Other
Garage: Yes
Area: Lower Mission
Listed: March 18, 2026
Structure: Residential Commercial Mix
PID: 003-410-820

Features and inclusions

Roof: Asphalt shingle, Unknown
Parking: Attached Garage, RV, Additional Parking

Rooms and building

Sewer: Municipal sewage system
Water: Municipal water

Listed by Royal LePage Kelowna. Last updated Sep 23, 2026, 1:00 PM.

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: $9,479
Property tax: $583/mo
Home insurance: $150/mo
Estimated monthly total: $10,213

Purchase snapshot

List price: $2,000,000
Down payment: $400,000 (20%)
Estimated mortgage: $1,600,000

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

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

Estimated annual tax: $9,519; At 4.7595 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: $1,570 a month
Gross yield: 0.9%

Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.

Rent vs mortgage at $1,570

Neighbourhood

Open the map

Walk to Urban Fare18 min

Bike to Mission Recreation Exchange13 min

Walk to Mission Recreation Exchange42 min

Drive to downtown Vancouver10h 49m

Estimated travel times. Map data © OpenStreetMap contributors.

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

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)

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Who lives here

About this home