Property Type: Detached HouseOwnership: Leasehold

1416 Tower Ranch Drive

Kelowna, BC V1P1T8

$649,800

2 bed3.5 bath4 parking1,671 sqftBuilt 2022
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.08 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Strata / maintenance fee
$95/mo
Annual property tax
$4,423.35

Maintenance Fee Includes

Management

Also included: Other, See Remarks, Recreation Facilities

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Other
View
City view, Lake view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, Allowed with restrictions
Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Full ensuite bathroomBasement13'3'' x 5'
BedroomBasement12' x 11'
4pc Ensuite bathMain level13'3'' x 5'
Laundry roomMain level5'1'' x 7'10''
Primary BedroomMain level12' x 11'
Living roomMain level9'1'' x 15'8''
Dining roomMain level8' x 13'3''
KitchenMain level8'2'' x 13'5''
2pc BathroomMain level2'6'' x 7'
FoyerMain level6'3'' x 4'6''

Listing Information

MLS®
10386270
Listed
May 6, 2026
Time on market
On the market for 117 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Set along the fairway in sought-after Tower Ranch, this fully upgraded former show home offers elevated design with effortless, low-maintenance living. Enjoy sweeping golf course views with a soft glimpse of the lake adding that extra layer of Okanagan magic. Inside, soaring ceilings, rich wood plank flooring, a gas fireplace, and abundant natural light create a warm, expansive feel. The kitchen is beautifully finished with extended-height cabinetry, soft-close features, black and gold fixtures, and modern lighting that feels both elevated and timeless. The layout is as functional as it is stunning, featuring two primary suites — one on the main and one below — ideal for guests, multigenerational living, or creating your own separate private retreat. A convenient powder room on the main level adds to the thoughtful design. Step outside to a covered patio and lower deck where mornings begin with peaceful fairway views and evenings wind down in total privacy. The yard is intentionally low-maintenance, so your time is spent enjoying, not maintaining. Located in a private 18+ community with access to the clubhouse, fitness centre, and social spaces, and surrounded by scenic walking trails, this home offers a lifestyle that feels both relaxed and refined. (id:63159)

Values & Trends

This listing

$389/sqft

Building average

No other active listings in this building

Rutland North average

$515/sqft

84 active listing(s)

Parking: 4 stall(s) includedStorage 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

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
Rutland ElementaryElementary2.6 km
Rutland Senior SecondaryElementary3.2 km
Rutland Middle SchoolMiddle3.4 km
Ellison ElementaryElementary3.5 km
South Rutland ElementaryElementary3.7 km
Pearson Road ElementaryElementary4.2 km
Belgo Elementary SchoolElementary4.4 km
Black Mountain ElementaryElementary4.6 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 (2)

  • Tower Ranch Park342 m
  • Tallgrass Park · 1935 Tallgrass Trail647 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($39,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,840.00
Periodic payment — Principal & Interest (monthly)$3,353.83
Additional monthly expenses (strata, tax, utilities, etc.)$547.43
Total monthly cost$3,901.26
Interest paid over 5-yr term$148,987.64
Balance at end of term$467,597.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,980
Stress test qualifying rate8.09%
Payment you must qualify for$4,689.30

Cash Needed at Closing

Minimum down payment$39,980
Estimated BC PTT$10,996
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,476

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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