Property Type: Detached HouseOwnership: FreeholdNEW LISTING

1050 Pinecrest Lane

Kelowna, BC V1Y4L3

$994,900

5 bed3 bath2 parking2,432 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.15 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,014

Interior

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

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
019-006-284

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
StorageBasement9'4'' x 8'7''
StorageBasement11'2'' x 7'9''
Living roomBasement27'1'' x 15'4''
BedroomBasement11'3'' x 11'4''
BedroomBasement14'2'' x 11'4''
4pc BathroomBasement
Primary BedroomMain level15'2'' x 11'6''
KitchenMain level13'5'' x 11'11''
Family roomMain level20'4'' x 13'8''
Dining nookMain level11'11'' x 8'5''
BedroomMain level11'6'' x 11'2''
BedroomMain level11'6'' x 7'8''
4pc Ensuite bathMain level
4pc BathroomMain level

Listing Information

MLS®
10399294
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

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

Description

Easily one of the most sought-after locations in the city, this distinctive 5-bedroom (potential 6-bedroom), 3-bathroom home offers an exceptional combination of space, character and potential on a generous lot. The main floor features 3 bedrooms, 2 bathrooms, a roomy kitchen and a spectacular family room with dramatic vaulted, triangular ceilings and expansive windows that create a truly unique and inviting space. The basement is plumbed for a suite and additional bathroom, providing excellent potential for a mortgage helper, extended family or additional living space. Outside, you’ll find a detached 16’ x 24’ garage with a new roof and 200-amp service, RV parking and underground sprinklers. Major updates include a 2020 furnace, and A/C in 2020, along with vinyl windows. There is an abundance of accommodation here, with plenty of flexibility and opportunity to add even more value. Add in an outstanding neighbourhood that speaks for itself, and you have a truly special property with tremendous potential. A rare opportunity in a location where homes like this are seldom available. Don’t miss it! (id:63159)

Values & Trends

This listing

$409/sqft

Building average

No other active listings in this building

Glenmore average

$633/sqft

61 active listing(s)

Parking: 2 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

Sunny

23°C

Sunny

Humidity 45%

Wind NNW 11 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

15

2/9 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
Glenmore ElementaryElementary286 m
Bankhead ElementaryElementary1.0 km
Watson Road ElementaryElementary1.9 km
The Balsam School(Independent)Elementary2.4 km
Central SecondarySecondary2.6 km
Central School ProgramsK-122.6 km
A S Matheson ElementaryElementary2.6 km
St Joseph Elementary School(Independent)Elementary2.6 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 (2)

  • De Bakker's Kitchen · 1014 Glenmore Drive311 m
  • Murray's Pizza · 1924 Summit Drive744 m

Parks (5+)

  • Calmels Park253 m
  • Redlich Pond Park268 m
  • Jack Robertson Memorial Park497 m
  • Hartwick Park522 m
  • Sonora Park606 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$795,920.00
Periodic payment — Principal & Interest (monthly)$5,135.01
Additional monthly expenses (strata, tax, utilities, etc.)$456.50
Total monthly cost$5,591.51
Interest paid over 5-yr term$228,112.96
Balance at end of term$715,932.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,490
Stress test qualifying rate8.09%
Payment you must qualify for$7,077.63

Cash Needed at Closing

Minimum down payment$74,490
Estimated BC PTT$17,898
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,888

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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