Property Type: Detached HouseOwnership: Freehold

1068 Clarance Avenue

Kelowna, BC V1W5M6

$1,999,000

6 bed6.5 bath6 parking5,524 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.28 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,237.4

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

View
City view, Lake view, Mountain view, Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6 — covered indicated
Features
Attached Garage, Heated Garage

Room Dimensions

RoomLevelDimensions
Family roomBasement12' x 21'11''
KitchenAdditional Accommodation8' x 21'11''
BedroomAdditional Accommodation11'1'' x 9'8''
BedroomAdditional Accommodation12'8'' x 11'11''
BedroomBasement10'6'' x 15'6''
DenBasement9'4'' x 10'3''
Recreation roomBasement29'6'' x 22'
Full bathroomAdditional Accommodation5'5'' x 9'6''
Full bathroomBasement6'4'' x 10'5''
DenSecond level11' x 10'11''
BedroomSecond level15' x 14'5''
Full bathroomSecond level5'5'' x 8'7''
Full ensuite bathroomSecond level8'5'' x 8'1''
BedroomSecond level15'2'' x 12'6''
PantryMain level6' x 8'11''
Primary BedroomMain level15'1'' x 13'7''
OfficeMain level10'11'' x 10'11''
Living roomMain level20' x 21'2''
Laundry roomMain level5'11'' x 10'8''
FoyerMain level18'6'' x 11'
Dining roomMain level11' x 12'9''
Full ensuite bathroomMain level13'4'' x 11'4''
Partial bathroomMain level6' x 6'
KitchenMain level18' x 19'5''

Listing Information

MLS®
10378386
Listed
March 26, 2026
Time on market
On the market for 158 days
Data last synced
August 28, 2026

Listing provided by: Judy Lindsay Okanagan · Data source: CREA DDF.

Description

Welcome to 1068 Clarance Ave, set in the highly desirable Upper Mission and perfectly positioned to capture stunning lake views from West Kelowna to Kelowna. This like-new residence offers 6 bedrooms and 6 bathrooms, thoughtfully designed for luxury, comfort, and flexibility. You’re welcomed by a spacious foyer with heated flooring, setting the tone for the warm, upscale finishes found throughout the home. At the heart of the main level is the expansive open-concept kitchen, complemented by a butler’s pantry with a gas cooktop. The primary suite is a true sanctuary, featuring a private balcony with panoramic lake views, a walk-in closet with custom built-in cabinetry, and a spa-inspired ensuite complete with a clawfoot tub and heated floors for year-round comfort. Upstairs offers another master suite, extra bedroom, and play area. Step outside to a generous, pool-size yard, offering endless possibilities to create your dream outdoor oasis. Adding exceptional value is the self-contained 2-bedroom legal suite, perfect for generating rental income or comfortably hosting extended family. There are so many to list, roof top speakers, deck heated ceiling, basement wet bar, theatre, future wine cellar, and all of these is just walking distance to school, shops, trails and everyday amenities. (id:63159)

Values & Trends

This listing

$362/sqft

Building average

No other active listings in this building

Upper Mission average

$876/sqft

64 active listing(s)

Parking: 6 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

12°C

Clear

Humidity 88%

Wind ENE 5 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
Canyon Falls Middle SchoolMiddle529 m
Bellevue Creek ElementaryElementary1.8 km
Okanagan Mission SecondaryElementary2.2 km
Anne McClymont ElementaryElementary2.5 km
Lakeside School Kelowna(Independent)Elementary2.6 km
Chute Lake ElementaryElementary2.8 km
Dorothea Walker ElementaryElementary2.9 km
de l'Anse-au-sableK-123.9 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

Grocery (1)

  • Save-On-Foods400 m

Parks (5+)

  • Hill Spring Park318 m
  • Steele Road Recreation Corridor421 m
  • Kuipers' Peak Mountain Park514 m
  • Southridge Detention Pond593 m
  • Ponds Community Park670 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,200.00
Periodic payment — Principal & Interest (monthly)$10,317.50
Additional monthly expenses (strata, tax, utilities, etc.)$1,212.45
Total monthly cost$11,529.95
Interest paid over 5-yr term$458,335.32
Balance at end of term$1,438,485.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,297.29

Cash Needed at Closing

Minimum down payment$399,800
Estimated BC PTT$37,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,280

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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