Property Type: Detached HouseOwnership: FreeholdNEW LISTING

1240 Collison Road

Kelowna, BC V1X1K6

$889,900

4 bed2 bath1 parking2,454 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.22 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,196.83

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Pool
Above ground pool

Parking

Total spaces
1 — covered indicated
Features
Detached Garage, Carport

Room Dimensions

RoomLevelDimensions
Utility roomBasement7'10'' x 5'11''
MediaBasement16'6'' x 12'10''
StorageBasement3'8'' x 13'1''
Recreation roomBasement16'8'' x 12'10''
BedroomBasement10' x 9'2''
BedroomBasement12'3'' x 12'10''
3pc BathroomBasement6'3'' x 5'11''
Primary BedroomMain level11'2'' x 12'10''
Living roomMain level19'2'' x 14'2''
KitchenMain level10'1'' x 12'9''
Dining roomMain level12'4'' x 10'9''
Dining roomMain level7'2'' x 12'9''
BedroomMain level11' x 10'9''
4pc BathroomMain level7'10'' x 8'11''

Listing Information

MLS®
10398724
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Welcome to 1240 Collison Road, a beautifully cared for and thoughtfully maintained home situated on a desirable corner lot in Rutland South. Offering 4 bedrooms and 2 bathrooms, this property has been updated and meticulously looked after over the years, with a warm and inviting feel throughout. The bright and cozy living spaces are filled with natural light, creating a comfortable atmosphere throughout the home, while a gas fireplace adds warmth and character to the main living area. The generously sized bedrooms offer plenty of space for everyone, with one bedroom located without a window, offering flexibility for use as a bedroom or additional space depending on your needs. Outside, the corner lot is surrounded by gorgeous mature landscaping that adds character, greenery, and privacy to the property. The fully fenced yard is perfectly set up for enjoying the warmer months, featuring a covered patio that provides a great space to relax, dine outdoors, or entertain. The above ground pool is ideal for cooling off and enjoying sunny Okanagan summers with family and friends, while full irrigation helps keep the established landscaping looking its best. A carport provides convenient covered parking, while the fully heated detached shop is an exceptional addition, offering a versatile space for hobbies, projects, storage, or a dedicated workspace. The location is a standout, with schools, the Mission Greenway,shopping, restaurants, recreation, and a wide range of everyday amenities all within easy reach. Whether you are heading out for a walk along the Greenway, getting the kids to school, grabbing groceries, or enjoying everything Rutland and the surrounding area has to offer, so much is conveniently close by. Tucked into an established residential setting while remaining incredibly accessible, 1240 Collison Road offers a rare combination of space, comfort, mature outdoor surroundings, and everyday convenience. (id:63159)

Values & Trends

This listing

$363/sqft

Building average

No other active listings in this building

Rutland South average

$424/sqft

43 active listing(s)

Parking: 1 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

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

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

SchoolTypeDistance
Springvalley ElementaryElementary523 m
Springvalley Middle SchoolElementary595 m
Quigley ElementaryElementary840 m
Flex Academy(Independent)K-121.1 km
Kelowna Arts Academy(Independent)K-121.1 km
Okanagan Christian School(Independent)K-121.2 km
Belgo Elementary SchoolElementary1.6 km
Okanagan Montessori Elementary School(Independent)Elementary1.8 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

Parks (4)

  • Moraine Park383 m
  • Davie Park540 m
  • Hollydell Park547 m
  • Gerstmar Park680 m

Shopping (1)

  • Canadian Tire · 2479 Highway 97 North791 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($63,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$711,920.00
Periodic payment — Principal & Interest (monthly)$4,593.07
Additional monthly expenses (strata, tax, utilities, etc.)$472.74
Total monthly cost$5,065.80
Interest paid over 5-yr term$204,038.32
Balance at end of term$640,374.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$63,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,350.96

Cash Needed at Closing

Minimum down payment$63,990
Estimated BC PTT$15,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,288

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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