140 Siemens Road Lot# Lot 24
Kelowna, BC V1Z3S3
$549,900
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.48 acres
- Frontage
- 110 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,818.1
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Lake view, Mountain view, View (panoramic)
- Waterfront
- Other
Listing Information
- MLS®
- 10391861
- Listed
- June 18, 2026
- Time on market
- On the market for 74 days
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.
Description
You can make something beautiful happen here! Are you searching for TRANQUILITY in a peaceful, rural setting only minutes from the city? Read more...This stunning .48 ACRE lake view lot in the coveted, quiet and private Traders Cove Community is only 15mins from downtown Kelowna (Closer than the Upper Mission!) We offer Ease of Build for the DREAM HOME you have always wanted as we've already done much of the lot prep for you. Survey, Geotechnical, Architectural, Structural, Truss plans, HOME and CARRIAGE HOUSE plans and Septic documentation is all available (see FEATURE SHEET attached with details on the near 250K prep invested). Foundation French drainage system is already completed into bedrock along back of property and also 4' outside of footings and downside of lot-line to control all water. Entire front lot is all structural fill, and septic is hammered out for field and tank (covered by fill). Waterline connection and hookup fee is paid. This is a fantastic location just a few minutes to Bear Creek Park and hiking trails. It's a quick walk to the beach through the public access across the street and just minutes to downtown. Apply to the city to get your own buoy and park your boat off the beach. (id:63159)
Location Insights
Weather
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
4
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
| School | Type | Distance |
|---|---|---|
| Watson Road Elementary | Elementary | 4.9 km |
| The Balsam School(Independent) | Elementary | 5.0 km |
| North Glenmore Elementary | Elementary | 5.1 km |
| Dr Knox Middle School | Middle | 5.3 km |
| Bankhead Elementary | Elementary | 5.5 km |
| Glenmore Elementary | Elementary | 5.6 km |
| Central Secondary | Secondary | 6.2 km |
| Central School Programs | K-12 | 6.2 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 (1)
- Traders Cove Regional Park715 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($29,990) — 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.