- Active
1978 McDougall Street
Kelowna · Vacant Land
Listed by Royal LePage Kelowna · MLS® 10391645
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Sign inAbout this home
PENDING SALE. ENCOURAGING BACK-UP OFFERS. One of Kelowna's most desirable lakeshore properties, on Okanagan Lake, this rare 0.44-acre vacant lakeshore lot is in one of Kelowna’s most prestigious iconic neighborhoods secluded just off the coveted Abbott Street corridor. This 19,000+ sq ft parcel is a vacant blank canvas to build your vision for your family’s legacy dream home. With almost 88 feet of level natural sand beach, an unobstructed South-West exposure, you can enjoy stunning sunsets and direct access to the crystal waters of Okanagan Lake. This wide lot provides ample room for a large dock, accommodating multiple boats, entertaining guests, swimming, and beach activities. Perfect for lakeside entertainment! Whether you envision a luxurious private estate with historic architecture or a modern contemporary masterpiece – the possibilities are endless! Ideally located just a short stroll to Kelowna’s City Park and vibrant downtown core - boutique shopping, galleries, dining, cultural districts, and Kelowna General Hospital. Proximity to World-class wineries, orchards, golf courses, the University of British Columbia Okanagan, and Kelowna International Airport. This iconic property offers a rare fusion of lakeside serenity and convenience blending natural beauty with a vibrant four-season lifestyle in the heart of the Okanagan Valley. The property may allow for up to four dwellings under the new Provincial density regulations and is free from Canada’s foreign buyer ban.
Home facts
- Property type
- Vacant Land
- Area
- Kelowna South
- Listed
- June 19, 2026
- Structure
- Other
- PID
- 029-424-089
- Common interest
- Freehold
Highlights
- Mountain view
- Near UBC
Features and inclusions
- Lot
- Level lot
- Community
- Family Oriented
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
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
- $18,959
- Property tax
- $1,167/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $20,275
Purchase snapshot
- List price
- $3,999,900
- Down payment
- $799,980 (20%)
- Estimated mortgage
- $3,199,920
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
- $19,038
- 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
- $1,600 a month
- Gross yield
- 0.5%
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.
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
Condo / Apartment · 47%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
