Property Type: Detached HouseOwnership: Freehold

11592 Okanagan Centre Road E

Lake Country, BC V4V1G4

$1,029,000

5 bed3 bath10 parking2,477 sqftBuilt 1943
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
0.6 acres
Frontage
107 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,159

Interior

Basement
Full
Heating
Baseboard heaters, Electric
Cooling / A/C
See Remarks
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Vinyl

Exterior & Lot

Exterior features
Vinyl siding
View
Lake view, Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
10 — covered indicated
Features
Detached Garage, See Remarks, Additional Parking

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement8'7'' x 9'4''
Dining roomMain level8'1'' x 7'2''
Living roomMain level11'7'' x 9'9''
Family roomMain level8'9'' x 9'8''
Primary BedroomMain level11'7'' x 10'1''
4pc BathroomMain level10'7'' x 5'0''
Mud roomMain level8'9'' x 10'2''
Family roomSecond level13'10'' x 12'1''
BedroomSecond level13'4'' x 10'1''
BedroomSecond level12'10'' x 7'9''
3pc BathroomSecond level7'5'' x 6'11''
KitchenBasement13' x 14'11''
Recreation roomBasement15'1'' x 14'1''
BedroomBasement11' x 14'5''
BedroomBasement11' x 14'5''
Laundry roomBasement8'7'' x 6'11''
Utility roomBasement2'9'' x 3'8''
KitchenMain level11'8'' x 13'4''

Listing Information

MLS®
10388826
Listed
May 26, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Prime investment and lifestyle opportunity in the heart of Lake Country. Situated on a flat and usable 0.60-acre lot surrounded by beautiful orchards and located right along the Scenic Sip Wine Trail, this exceptional property offers incredible versatility, income potential, and future development possibilities. The spacious 5-bedroom, 3-bathroom home is a wonderful family residence featuring a functional layout, expansive wrap-around deck, and stunning views of Spion Kop and Wood Lake. A 2-bedroom suite provides excellent mortgage helper or rental income potential as well as RV site hook up, making this an ideal holding property for investors and developers alike. With excellent frontage and fully usable land, there is exciting potential for townhouse development, a 4-plex project, building a large shop, or future redevelopment opportunities. Located just minutes from Turtle Bay, Wood Lake, Winfield Shopping Centre, schools, transit, wineries, and amenities, this property offers both immediate enjoyment and long-term upside. Whether you are looking for a beautiful home, strong investment property, redevelopment opportunity, or a combination of all three, this is a rare chance to secure a prime piece of Lake Country real estate in one of the Okanagan’s fastest growing and most desirable areas. (id:63159)

Values & Trends

This listing

$415/sqft

Building average

No other active listings in this building

Lake Country South West average

$649/sqft

52 active listing(s)

Parking: 10 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

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

15

4/9 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 ElementaryElementary604 m
George Elliot SecondarySecondary2.6 km
HS Grenda Middle SchoolMiddle2.9 km
Peter Greer ElementaryElementary3.1 km
Oyama Traditional SchoolElementary7.3 km
Aberdeen Hall Preparatory School(Independent)K-1213.0 km
Ellison ElementaryElementary13.4 km
North Glenmore ElementaryElementary13.7 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 (2)

  • GOGO Sushi · 11850 Oceola Road610 m
  • Winfield Chinese776 m

Cafes (3)

  • Starbucks · 11850 Oceola Road636 m
  • Beat Patisserie668 m
  • Tim Hortons · 11845 Oceola Road754 m

Gyms (1)

  • Anytime Fitness624 m

Pharmacies (1)

  • I.D.A.683 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($77,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$823,200.00
Periodic payment — Principal & Interest (monthly)$5,311.01
Additional monthly expenses (strata, tax, utilities, etc.)$470.58
Total monthly cost$5,781.59
Interest paid over 5-yr term$235,931.49
Balance at end of term$740,471.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$77,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,313.63

Cash Needed at Closing

Minimum down payment$77,900
Estimated BC PTT$18,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$97,980

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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