Property Type: Detached HouseOwnership: Freehold

1294 Devonshire Avenue

Kelowna, BC Y1Y6B7

$1,369,999

4 bed2 bath2,194 sqftBuilt 1961
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.21 acres
Frontage
75 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,707.22

Interior

Basement
Full
Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Flooring
Hardwood

Exterior & Lot

Exterior features
Stucco

Parking

Features
Carport

Room Dimensions

RoomLevelDimensions
BedroomMain level12'0'' x 11'0''
BedroomBasement10'1'' x 9'8''
KitchenBasement9'0'' x 8'2''
Living roomMain level14'0'' x 16'0''
KitchenMain level11'0'' x 11'0''
Primary BedroomMain level12'0'' x 13'0''
Full bathroomMain level8'0'' x 5'0''
Full bathroomBasement7'0'' x 5'0''
BedroomBasement11'0'' x 10'0''

Listing Information

MLS®
10345706
Listed
May 6, 2025
Time on market
On the market for 482 days
Data last synced
August 28, 2026

Listing provided by: Realtymonx · Data source: CREA DDF.

Description

Opportunity for a solid 4 bedroom 2 bath income-generating re-development home in Capri Center Re-Development corridor. The City OCP currently supports multi-family re-development up to 6 stories, with a possibility of higher density. 75 X 125 lot with close proximity to all amenities, grocery store, restaurants, downtown, and easy access to Highway 97. $3900 monthly rent, Main $2500 plus utilities and Lower - $1400 including utilities (id:63159)

Values & Trends

This listing

$624/sqft

Building average

No other active listings in this building

Springfield/Spall average

$691/sqft

30 active listing(s)

Parking: Not indicatedStorage 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

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

56

7/9 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
A S Matheson ElementaryElementary750 m
St Joseph Elementary School(Independent)Elementary980 m
Central School ProgramsK-121.1 km
Central SecondarySecondary1.1 km
Bankhead ElementaryElementary1.1 km
The Balsam School(Independent)Elementary1.9 km
Kelowna SecondarySecondary2.0 km
Glenmore ElementaryElementary2.1 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 (5+)

  • The Old Spaghetti Factory · 1755 Capri Street198 m
  • Shady Rest · 1359 Sutherland Avenue201 m
  • Yum Yum Tree · 1835 Gordon Drive250 m
  • Noodlebox257 m
  • Vintner's Grill319 m

Cafes (4)

  • Gong Cha416 m
  • Starbucks429 m
  • Continental Breakfast531 m
  • Bean Scene703 m

Grocery (3)

  • Peter's Your Independent Grocer · 1835 Gordon Drive302 m
  • Bulk Barn380 m
  • Nester's Market · 1111 Lawson Avenue724 m

Parks (5+)

  • Mary Ann Collinson Memorial Park72 m
  • Pacific Court Park344 m
  • Richmond Park385 m
  • Sutherland Avenue Recreation Corridor527 m
  • Millbridge Park626 m

Gyms (3)

  • Invati Yoga+Wellness216 m
  • GoodLife Fitness223 m
  • Flow Academy483 m

Pharmacies (1)

  • Paragon Pharmacy659 m

Banks & ATMs (3)

  • BMO342 m
  • Coast Capital Savings · 1544 Harvey Avenue506 m
  • Buster's Pizza & Donair - Kelowna - Bitcoin Well ATM · 1607 Sutherland Avenue660 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($112,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,095,999.00
Periodic payment — Principal & Interest (monthly)$7,071.01
Additional monthly expenses (strata, tax, utilities, etc.)$752.27
Total monthly cost$7,823.28
Interest paid over 5-yr term$314,116.46
Balance at end of term$985,854.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$112,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,673.57

Cash Needed at Closing

Minimum down payment$112,000
Estimated BC PTT$25,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$138,900

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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