1220 K.L.O Road
Kelowna, BC V1W3P9
$2,488,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.36 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,150.57
Interior
- Heating
- Baseboard heaters
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Parking
- Features
- Carport
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 14' x 10' |
| Full bathroom | Main level | 5' x 10' |
| Kitchen | Main level | 10' x 14' |
| Full bathroom | Main level | 10' x 12' |
| Living room | Main level | 10' x 14' |
Listing Information
- MLS®
- 10392834
- Listed
- July 15, 2026
- Time on market
- On the market for 47 days
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.
Description
STRATEGIC LAND ASSEMBLY OPPORTUNITY IN KELOWNA'S KLO CORRIDOR Rare opportunity to acquire a strategically positioned parcel within a three- or four-property land assembly located in Kelowna's rapidly evolving KLO Road corridor. Situated within a designated Transit Supportive Corridor, 1220 KLO Road forms part of a broader redevelopment opportunity that includes neighbouring properties with Council-approved MF3 rezonings. City planning discussions have indicated support for extending a similar redevelopment framework across the balance of the assembly (buyer to independently verify). A preliminary concept package is available outlining a potential six-storey, 79-unit multi-family development currently achieving approximately 2.05 FAR, with potential for increased density through available incentives and design optimization (buyer to verify) up to a 2.305 FAR. The vendor's pricing objective is based on $79 per buildable square foot, calculated on approved density achieved through the development process. The advertised list price should be considered indicative only and subject to adjustment based on final approved buildable area. location - The assembly benefits from proximity to transit, schools, shopping, employment centres, parks, and major transportation routes. Serious developer inquiries only. Preliminary concepts and assembly information available upon request. (id:63159)
Values & Trends
This listing
$2,096/sqft
Building average
—
No other active listings in this building
Kelowna South average
$738/sqft
80 active listing(s)
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
12°C
Clear
Humidity 88%
Wind ENE 5 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
11
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
| School | Type | Distance |
|---|---|---|
| KLO Middle School | Middle | 262 m |
| Kelowna Secondary | Secondary | 475 m |
| Immaculata Regional High School(Independent) | Secondary | 644 m |
| Casorso Elementary | Elementary | 1.1 km |
| Kelowna Christian School(Independent) | K-12 | 1.2 km |
| Raymer Elementary | Elementary | 1.2 km |
| A S Matheson Elementary | Elementary | 1.7 km |
| St Joseph Elementary School(Independent) | Elementary | 2.2 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)
- Unnamed401 m
Parks (3)
- KLO Sports Field508 m
- Mappin Court Park603 m
- Windermere Park711 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($497,600) — 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.