1494/1496 Elm Street
Kelowna · V1Y3W9
$5,067/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Kelowna · V1Y3W9
$5,067/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Developers, investors, and forward-thinkers—this is the opportunity you’ve been waiting for! This FULL duplex sits in one of Kelowna’s most strategically positioned locations, offering immediate rental income potential — including Airbnb — AND long-term redevelopment upside within the city’s Transit Supportive Corridor Pilot. No strata fees, ample parking, the property is as practical as it is promising. Each side features 3 bedrooms & 2 bathrooms, with 1494 vacant for immediate possession, while 1496 is rented. The homes are mostly original—prime for renovation, value-adding upgrades, or holding as-is while planning your next move. Both sides have private yards, and 1494 features a detached 18' x 24' garage perfect for trades, storage, or workshop use. The property backs onto Duggan Park, offering instant access to green space and a dog park. Just off Bernard Avenue, you’re steps from the new Parkinson Recreation Centre, schools, the Apple Bowl, restaurants and the Landmark District. Transit access is exceptional. With two water services, two sewer lines, and a concrete block dividing wall, future stratification may be possible. Even more compelling: positioned at the crest of the hill, this lot (and the adjacent lot) offers future Okanagan Lake views—a major advantage for multi-unit housing development. Hold, rent, renovate, stratify, or redevelop—this property is a rare blend of present-day practicality and future-ready potential.
6
Beds
2,972 ft²
Floor area
1984
Year built
Single Family
Type
Glenmore
Area
Listed
August 13, 2026
Nearby & Commute
10 min
walk to Bulk Barn
8 min
bike to Orchard Park Exchange
28 min
walk to Orchard Park Exchange
10h 52m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 44%
| Condo / Apartment | 292 | 43.9% |
| Detached | 209 | 31.4% |
| Townhouse | 118 | 17.7% |
| Other | 15 | 2.3% |
| Duplex | 14 | 2.1% |
| Other | 17 | 2.6% |
| $15,000 to $19,999 | 10 | 4.3% |
| $20,000 to $24,999 | 5 | 2.1% |
| $25,000 to $29,999 | 5 | 2.1% |
| $35,000 to $39,999 | 5 | 2.1% |
| $40,000 to $44,999 | 15 | 6.4% |
| $45,000 to $49,999 | 5 | 2.1% |
| $50,000 to $59,999 | 20 | 8.5% |
| $60,000 to $69,999 | 15 | 6.4% |
| $70,000 to $79,999 | 15 | 6.4% |
| $80,000 to $89,999 | 15 | 6.4% |
| $90,000 to $99,999 | 20 | 8.5% |
| $100,000 to $124,999 | 30 | 12.8% |
| $125,000 to $149,999 | 30 | 12.8% |
| $150,000 to $199,999 | 30 | 12.8% |
| $200,000 and over | 15 | 6.4% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$5,067
Principal and interest
Calculated estimate
$4,626
Property tax
Calculated estimate
$292/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,000,000
Down payment
Calculated estimate
$200,000 (20%)
Estimated mortgage
Calculated estimate
$800,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$5,067
/mo
Rate
%
Amortization
Principal and interest
$4,626
Property tax (est.)
$292
P&I
Tax
Down payment
$200,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $200,000 down (20%) on $1,000,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Daily mean across the year.
On the drier side for BC.
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.
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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
At 4.4661 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.