Property Type: Land / LotOwnership: Freehold

131 Westside N Road

Kelowna, BC V1Z3S4

$525,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.44 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,456.92

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10371098
Listed
December 12, 2025
Time on market
On the market for 262 days
Data last synced
August 28, 2026

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

Description

Build your dream home on this stunning 0.44-acre lakeview lot! With a gentle slope, it's perfect for a walkout rancher or two-storey home. Plenty of space for a shop. Easy excavation—no apparent rock where the previous home was built. Just minutes from town. Services at the lot line. Septic will need to be rebuilt. Under the Regional District jurisdiction for building restrictions and requirements. A rare opportunity to create something truly special! (id:63159)

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.

Nearby Schools

SchoolTypeDistance
The Balsam School(Independent)Elementary5.1 km
Watson Road ElementaryElementary5.1 km
North Glenmore ElementaryElementary5.3 km
Dr Knox Middle SchoolMiddle5.6 km
Bankhead ElementaryElementary5.7 km
Glenmore ElementaryElementary5.8 km
Central SecondarySecondary6.3 km
Central School ProgramsK-126.3 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$121.41
Total monthly cost$2,831.11
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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