Property Type: Land / LotOwnership: Freehold

110 Yorkton Road

West Kelowna, BC V4T0B1

$3,995,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
3.42 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$11,442.4

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Listing Information

MLS®
10383951
Listed
April 24, 2026
Time on market
On the market for 129 days
Data last synced
August 28, 2026

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

Description

Prime multifamily development opportunity in the rapidly growing Glenrosa neighbourhood of West Kelowna. This 3.435-acre site on Yorkton Road is located within the master-planned community of The Trails, surrounded by quality homes, parks, schools, and natural hillside views. A major highlight of this property is the stunning lake, valley, and mountain views. The elevated setting creates an impressive backdrop for future homes and offers the opportunity to design a project with strong visual appeal, rooftop patio potential, and desirable outdoor living spaces. A key advantage is that a Development Permit is already in place, providing builders and developers with a significant head start and greater certainty. The property also benefits from servicing already available within the community, helping reduce upfront complexity and support a more efficient development path. Preliminary planning supports either an optimized 79-townhome concept or an alternative concept featuring a combination of three luxury stacked sixplex buildings and 19 multifamily homes. This flexibility gives builders and developers the opportunity to pursue the product mix that best aligns with market demand, pricing strategy, and absorption goals. Located near the Highway 97C Connector, the property provides convenient access toward Kelowna, Peachland, Merritt, and Vancouver, while still offering the quiet residential setting buyers seek. A compelling opportunity to secure a sizeable multifamily development parcel with Development Permit advancement, available servicing, exceptional views, master-planned community context, flexible design potential, and long-term end-user appeal. Conceptual plans and additional information available upon request. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Webber Road ElementaryElementary486 m
Glenrosa Middle SchoolMiddle707 m
Glenrosa ElementaryElementary1.3 km
Our Lady of Lourdes(Independent)Elementary/Middle1.5 km
Helen Gorman ElementaryElementary2.3 km
Shannon Lake ElementaryElementary4.1 km
Sensisyusten House of Learning(Independent)Elementary4.4 km
Chief Tomat ElementaryElementary5.0 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

Parks (5+)

  • Astoria Park213 m
  • Mule Deer Park270 m
  • Webber Road Walkway325 m
  • Wildfire Commemorative Park391 m
  • Webber Road Community Centre402 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($799,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,196,000.00
Periodic payment — Principal & Interest (monthly)$20,619.51
Additional monthly expenses (strata, tax, utilities, etc.)$953.53
Total monthly cost$21,573.04
Interest paid over 5-yr term$915,982.79
Balance at end of term$2,874,812.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$799,000
Stress test qualifying rate8.09%
Payment you must qualify for$24,576.12

Cash Needed at Closing

Minimum down payment$799,000
Estimated BC PTT$117,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$918,250

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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