Property Type: Detached HouseOwnership: Freehold

1040 Laurier Avenue

Kelowna, BC V1Y6B1

$849,000

3 bed2 bath1 parking1,925 sqftBuilt 1949
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.19 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,271.88

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Detached Garage, Street

Room Dimensions

RoomLevelDimensions
Utility roomBasement7'6'' x 4'8''
StorageBasement4'9'' x 6'11''
KitchenBasement11'2'' x 10'8''
Family roomBasement18'11'' x 11'3''
BedroomBasement12'8'' x 10'9''
3pc BathroomBasement7' x 6'11''
Primary BedroomMain level13'7'' x 11'2''
Living roomMain level19'8'' x 14'6''
KitchenMain level9'10'' x 9'8''
Dining roomMain level10'0'' x 9'8''
BedroomMain level12'11'' x 9'10''
4pc BathroomMain level6'6'' x 6'5''

Listing Information

MLS®
10395878
Listed
July 25, 2026
Time on market
On the market for 37 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Nestled in the heart of Kelowna, this beautifully updated 3 bedroom, 2 bathroom home at 1040 Laurier Ave offers the perfect blend of character, comfort, and modern upgrades. Situated on a desirable street close to downtown amenities, parks, schools, and the vibrant Okanagan lifestyle, this property is ideal for families, investors, or anyone seeking a move-in ready home with excellent flexibility. With a layout that offers suite potential. Thoughtfully upgraded over the years, the home features a new high-efficiency gas furnace, a cozy gas fireplace, and a recently replaced hot water tank for year-round comfort and efficiency. Major infrastructure improvements include upgraded interior plumbing replacing old galvanized piping, electrical upgrades, and a recently refurbished chimney. Outside, enjoy the convenience of a newly installed underground irrigation system that keeps the yard looking its best, along with a brand-new front gate that enhances both privacy and curb appeal. Security-conscious buyers will appreciate the installed security system complete with cameras. A standout feature of this property is the detached finished workshop/garage with 220-volt power — perfect for mechanics, woodworkers, hobbyists, extra storage, or potential studio space. This is a rare opportunity to own a well-maintained and extensively upgraded property in one of Kelowna’s most central and convenient locations. Pride of ownership is evident throughout this exceptional property. (id:63159)

Values & Trends

This listing

$441/sqft

Building average

No other active listings in this building

Kelowna South average

$759/sqft

80 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St Joseph Elementary School(Independent)Elementary537 m
Central SecondarySecondary594 m
Central School ProgramsK-12594 m
A S Matheson ElementaryElementary698 m
Bankhead ElementaryElementary1.2 km
The Balsam School(Independent)Elementary1.4 km
Kelowna SecondarySecondary2.0 km
Raymer ElementaryElementary2.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • De Dutch166 m
  • Mekong Fresh Asian Cuisine · 1030 Harvey Avenue194 m
  • Vintner's Grill222 m
  • Swan Pizza236 m
  • Ricky's289 m

Cafes (3)

  • Gong Cha187 m
  • Continental Breakfast238 m
  • Starbucks251 m

Grocery (2)

  • Peter's Your Independent Grocer · 1835 Gordon Drive280 m
  • Nester's Market · 1111 Lawson Avenue551 m

Parks (5+)

  • Mary Ann Collinson Memorial Park455 m
  • Millbridge Park465 m
  • Knowles Heritage Park525 m
  • Martin Park697 m
  • Richmond Park702 m

Gyms (2)

  • GoodLife Fitness335 m
  • Invati Yoga+Wellness730 m

Pharmacies (1)

  • Paragon Pharmacy511 m

Banks & ATMs (1)

  • BMO247 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$451.99
Total monthly cost$4,833.96
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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