Property Type: Land / LotOwnership: Freehold

1120 Hume Avenue

Kelowna, BC V1P0A9

$299,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.1 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$125/mo
Annual property tax
$1,661.32

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view

Listing Information

MLS®
10379695
Listed
March 23, 2026
Time on market
On the market for 161 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Welcome to 1120 Hume Ave! A fantastic opportunity to build in the desirable Black Mountain community! This 4,441 sq.ft. lot is ideally situated on a quiet street surrounded by quality homes, offering a great setting to create your own custom build. The unique, irregular shape provides the chance for a creative and thoughtfully designed home, perfect for maximizing space and functionality. With all utilities available at the lot line, this property is ready for a smooth and efficient build process. Enjoy the convenience of being just minutes to schools, parks, shopping, and quick highway access, while still tucked into a peaceful neighbourhood. Outdoor recreation is right at your doorstep, with Big White Ski Resort only a short drive away for skiing, snowboarding, and year-round adventure. An excellent option for builders, investors, or anyone looking to get into one of Kelowna’s most sought-after areas at an attractive price point. (id:63159)

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

4

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
Black Mountain ElementaryElementary1.1 km
Belgo Elementary SchoolElementary2.3 km
South Rutland ElementaryElementary2.3 km
Okanagan Christian School(Independent)K-122.5 km
Quigley ElementaryElementary2.8 km
Okanagan Montessori Elementary School(Independent)Elementary3.0 km
Rutland ElementaryElementary3.3 km
Rutland Senior SecondaryElementary3.3 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 (1)

  • Loseth Park715 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$263.44
Total monthly cost$1,806.68
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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