Property Type: Land / LotOwnership: Freehold

1359 Cabernet Way

West Kelowna, BC V4T0E9

$949,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.27 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,184.01

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Listing Information

MLS®
10393942
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

A corner lot with a view most buyers only dream about: Okanagan Lake stretching south toward Peachland, right from your future front door. This one stands out for a reason most lots in the area can't match: it's large enough, and zoned, to build up to 3 storeys, meaning the views only get better. Electricity, gas, and water are already at the lot line, with sewer available, so the heavy lifting is done before you even break ground. Room for a pool, carriage home, ready for your ideas! Lakeview Heights is the kind of neighbourhood that sells itself: quiet, centrally located, family-friendly, and surrounded by homes people already invested serious money to build, or to buy. You're minutes from the beach, world-class wineries, state of the art golf courses, everything the Okanagan promises. Whether you're a builder looking at the numbers or a family looking at forever; this lot gives you the room, the services, and the view to make it real. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Mount Boucherie SecondarySecondary1.3 km
Hudson Road ElementaryElementary1.4 km
Chief Tomat ElementaryElementary1.6 km
Constable Neil Bruce Middle SchoolElementary2.0 km
Sensisyusten House of Learning(Independent)Elementary2.1 km
Mar Jok ElementaryElementary2.9 km
Shannon Lake ElementaryElementary3.0 km
Rose Valley ElementaryElementary4.3 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.

Nearby Places

Parks (5+)

  • Timothy Park234 m
  • Eain Lamont Park323 m
  • Gregory Road Walkway570 m
  • Rita's Trail596 m
  • Sunnyside Park635 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$348.67
Total monthly cost$5,246.77
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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.

Request more information