Property Type: Land / LotOwnership: Freehold

11263 Maddock Avenue

Lake Country, BC V4V2J7

$1,150,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.25 acres
Frontage
132 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,851.55

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
10397505
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to one of the Okanagan’s most exceptional lifestyle opportunities, where you can enjoy lakefront living without the premium price tag. Positioned across from protected parkland stretching to the shoreline, this property offers a semi-waterfront lifestyle while preserving your privacy and connection to nature. House plans are available, thoughtfully built into the hillside where the kitchen, great room, dining area, home office, and bedrooms all capture lake views. The primary retreat is unforgettable, offering sweeping views from the bedroom and spa-inspired ensuite. The design offers five bedrooms, including a suite above the garage, where flexibility creates endless possibilities to generate income through legal short- or long-term rental, host extended family or guests, or provide an ideal living space for university students attending UBC Okanagan, just 10 minutes away. The location is equally extraordinary. Enjoy the serenity of Okanagan Centre while remaining just 10 minutes from Kelowna International Airport. Here you experience the conveniences of the city without the congestion and pace of urban living. Instead, your daily drive winds through rolling hills lined with vineyards, orchards, and award-winning wineries, creating a landscape that feels like the Italian countryside. The charming village of Okanagan Centre offers approximately 2.6 kilometres of treed public shoreline, a unique stretch of waterfront creating a sense of community and connection to nature that is becoming rare. The village itself captures the essence of the Okanagan, with its historic museum, charming restaurant, beloved ice cream shop, quiet beaches, and welcoming atmosphere. It’s a place where neighbours know one another and life slows to a more meaningful pace. Properties like this are rare; lake views, architectural potential, and flexibility, all in one of the most authentic locations in the valley. Embrace the Okanagan lifestyle, and create your own private paradise. (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

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

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
Davidson Road ElementaryElementary1.5 km
George Elliot SecondarySecondary3.9 km
HS Grenda Middle SchoolMiddle4.0 km
Peter Greer ElementaryElementary4.5 km
Oyama Traditional SchoolElementary8.9 km
Aberdeen Hall Preparatory School(Independent)K-1212.9 km
North Glenmore ElementaryElementary13.2 km
Dr Knox Middle SchoolMiddle13.8 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 (1)

  • The Salty Caramel Kitchen · 11407 Okanagan Centre Road West385 m

Parks (1)

  • Okanagan Centre Park113 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$920,000.00
Periodic payment — Principal & Interest (monthly)$5,935.53
Additional monthly expenses (strata, tax, utilities, etc.)$404.30
Total monthly cost$6,339.82
Interest paid over 5-yr term$263,674.64
Balance at end of term$827,542.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,151.03

Cash Needed at Closing

Minimum down payment$90,000
Estimated BC PTT$21,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,500

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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