- Active
787-789 HARVEY Avenue
Kelowna · Other
Listed by eXp Realty (Kelowna) · MLS® 10380106
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Sign inAbout this home
787-789 Harvey Ave — Developer Alert One of the last development sites on Harvey Avenue. This 0.27-acre (1,093 sqm) parcel offers 72 ft of highway frontage on Kelowna's primary transit corridor with Core Neighbourhood High Density (CNHD) future land use designation. Current MF1 zoning with a clear path to rezoning supported by OCP designation. The neighbouring property just completed a 6-storey apartment, establishing density precedent directly next door. Develop standalone or assemble with surrounding parcels for a larger project. Duplex on site provides holding income while you plan your next move. Sites with this combination — transit frontage, CNHD designation, assembly potential, and proven neighbour precedent — don't last on Harvey Ave.
Home facts
- Parking
- 4
- Property type
- Other
- Garage
- Yes
- Area
- Kelowna South
- Listed
- March 19, 2026
- Structure
- Residential Commercial Mix
- Frontage
- 71 feet
- PID
- 010-012-371
Features and inclusions
- Heating
- Baseboard heaters, Electric
- Roof
- Asphalt shingle, Unknown
- Parking
- Detached Garage, Additional Parking
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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
- $11,138
- Property tax
- $683/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $11,972
Purchase snapshot
- List price
- $2,350,000
- Down payment
- $470,000 (20%)
- Estimated mortgage
- $1,880,000
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
- $11,185
- 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
- $1,280 a month
- Gross yield
- 0.7%
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)
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