11530 Turtle Bay Court
Lake Country, BC V4V1X9
$2,499,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.61 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,628
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10385448
- Listed
- April 30, 2026
- Time on market
- On the market for 123 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.
Description
Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:63159)
Location Insights
Weather
Nearest station: Kelowna
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
22
5/9 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
| School | Type | Distance |
|---|---|---|
| Davidson Road Elementary | Elementary | 1.4 km |
| George Elliot Secondary | Secondary | 2.1 km |
| HS Grenda Middle School | Middle | 2.4 km |
| Peter Greer Elementary | Elementary | 2.4 km |
| Oyama Traditional School | Elementary | 7.1 km |
| Aberdeen Hall Preparatory School(Independent) | K-12 | 12.8 km |
| Ellison Elementary | Elementary | 13.0 km |
| North Glenmore Elementary | Elementary | 13.6 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 (3)
- Greek House Restaurant · 3159 Woodsdale Road296 m
- Winfield Chinese550 m
- GOGO Sushi · 11850 Oceola Road558 m
Cafes (3)
- Starbucks · 11850 Oceola Road503 m
- Tim Hortons · 11845 Oceola Road524 m
- Beat Patisserie564 m
Parks (1)
- Beasley Park675 m
Gyms (1)
- Anytime Fitness581 m
Pharmacies (1)
- I.D.A.629 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.



