1294 Devonshire Avenue
Kelowna, BC V1Y6B7
$1,369,999
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.21 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $7,707.22
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10346644
- 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 re-development in the Capri Centre corridor. The City OCP currently supports multi-family re-development up to 6 stories, with a possibility of higher density. Currently the property has a solid 4 bedroom 2 bath income-generating home with $3900 total monthly rent, Main house $2500 plus utilities and Lower level $1400 including utilities. 75 X 125 lot with close proximity to all amenities, grocery store, restaurants, downtown, and easy access to Highway 97. (id:63159)
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
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
| School | Type | Distance |
|---|---|---|
| A S Matheson Elementary | Elementary | 750 m |
| St Joseph Elementary School(Independent) | Elementary | 983 m |
| Central School Programs | K-12 | 1.1 km |
| Central Secondary | Secondary | 1.1 km |
| Bankhead Elementary | Elementary | 1.1 km |
| The Balsam School(Independent) | Elementary | 1.9 km |
| Kelowna Secondary | Secondary | 2.0 km |
| Glenmore Elementary | Elementary | 2.1 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+)
- Shady Rest · 1359 Sutherland Avenue195 m
- The Old Spaghetti Factory · 1755 Capri Street203 m
- Noodlebox253 m
- Yum Yum Tree · 1835 Gordon Drive253 m
- Vintner's Grill324 m
Cafes (4)
- Gong Cha421 m
- Starbucks435 m
- Continental Breakfast537 m
- Bean Scene699 m
Grocery (3)
- Peter's Your Independent Grocer · 1835 Gordon Drive305 m
- Bulk Barn376 m
- Nester's Market · 1111 Lawson Avenue729 m
Parks (5+)
- Mary Ann Collinson Memorial Park76 m
- Pacific Court Park340 m
- Richmond Park387 m
- Sutherland Avenue Recreation Corridor523 m
- Millbridge Park627 m
Gyms (3)
- Invati Yoga+Wellness212 m
- GoodLife Fitness227 m
- Flow Academy478 m
Pharmacies (1)
- Paragon Pharmacy664 m
Banks & ATMs (3)
- BMO348 m
- Coast Capital Savings · 1544 Harvey Avenue503 m
- Buster's Pizza & Donair - Kelowna - Bitcoin Well ATM · 1607 Sutherland Avenue656 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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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
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.