Affordable, spacious, and full of potential, this 5 bedroom half duplex is an outstanding opportunity for first-time buyers, investors, or anyone ready to move up from condo living. Offering over 1,940 square feet of living space, this home delivers the size and flexibility that's becoming increasingly difficult to find at this price point. With three separate entrances and a layout featuring 2 bedrooms upstairs and 3 downstairs, the home is well suited for adding an in-law suite or mortgage helper (buyer to verify requirements). The generous floor plan provides plenty of room for growing families while offering excellent income potential to help offset ownership costs. Located in the heart of family-friendly Rutland, you're just steps from Quigley Elementary School and close to parks, shopping, transit, and everyday amenities. Whether you're searching for your first home, an investment property, or a smart purchase with room to grow, this property offers exceptional value and endless flexibility. Opportunities like this don't come along often. Schedule your private showing today.
Property details
5
Beds
2 full
Baths
1,940 ft²
Floor area
1972
Year built
2
Storeys
4
Parking
$2,971/yr
Gross tax
Location & structure
Single Family
Type
Rutland South
Area
Other
Style
Listed
July 9, 2026
Structure
Duplex
PID
028-684-401
Features & inclusions
Heating
Forced air, See remarks
Roof
Asphalt shingle, Unknown
Parking
Additional Parking
Additional details
Common interest
Freehold
Listed by Vantage West Realty Inc.. Last updated Jul 9, 2026, 1:30 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.
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 $115,000 down (20%) on $575,000, Canadian semi-annual compounding. Property tax sourced from listing. 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 327 listings
Detached
148
45.3%
Condo / Apartment
85
26.0%
Townhouse
55
16.8%
Land
13
4.0%
Duplex
10
3.1%
Other
16
4.9%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Kelowna · 160 dwellings
Single-detached80 · 50.0%
Low-rise apartment40 · 25.0%
Apartment in duplex25 · 15.6%
Semi-detached15 · 9.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59350097· Kelowna· 0.20 km²
Median rent here
$1,440
Owner shelter cost
$1,720
Renters
27.3%
30%+ on shelter
32.4%
Population (2021)
423
Median age
41.6
Avg household size
2.6
Avg household income
$88,000
Renters
27.3%
Owners
72.7%
Immigrants
20.9%
Post-secondary
44.6%
Avg home value
$590,000
Single status
30.7%
Not in labour force
41.9%
Households with kids
31.3%
Median rent
$1,440
Owner shelter cost
$1,720
30%+ on shelter
32.4%
Breakdown
$15,000 to $19,999
5
3.1%
$20,000 to $24,999
5
3.1%
$30,000 to $34,999
5
3.1%
$35,000 to $39,999
10
6.3%
$40,000 to $44,999
5
3.1%
$45,000 to $49,999
5
3.1%
$50,000 to $59,999
10
6.3%
$60,000 to $69,999
5
3.1%
$70,000 to $79,999
15
9.4%
$80,000 to $89,999
10
6.3%
$90,000 to $99,999
15
9.4%
$100,000 to $124,999
30
18.8%
$125,000 to $149,999
20
12.5%
$150,000 to $199,999
15
9.4%
$200,000 and over
5
3.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59350097).
Market story
Rent in Kelowna
Census 2021 avg $1,440/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
