1485 Fairwood Lane
Kelowna, BC V1P1T6
$479,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.18 acres
- Frontage
- 59 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,804.21
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Lake view, Mountain view, Valley view
Listing Information
- MLS®
- 10386427
- Listed
- May 8, 2026
- Time on market
- On the market for 115 days
- Data last synced
- August 28, 2026
Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.
Description
Build your dream home on one of Black Mountain’s most desirable lakeview lots! Tucked away on a quiet cul-de-sac with added privacy and surrounded by newer homes, this exceptional lot comes with plans already prepared for a stunning 4,441 sq.ft. three-storey residence featuring 6 bedrooms, 6 bathrooms, an office, and a balcony on every level to take in the incredible views. Services are conveniently available at the lot line, making this an ideal opportunity for builders, investors, or families ready to create a custom masterpiece. Use the existing plans to fast-track your vision or bring your own ideas to life on this spectacular homesite. Most of the street is already built out, offering a visual of what the final feel will look like. Seller has already paid GST when purchasing; however, if it is applicable price is plus GST. (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 |
|---|---|---|
| Black Mountain Elementary | Elementary | 918 m |
| South Rutland Elementary | Elementary | 2.3 km |
| Belgo Elementary School | Elementary | 2.5 km |
| Okanagan Christian School(Independent) | K-12 | 2.9 km |
| Rutland Elementary | Elementary | 3.0 km |
| Quigley Elementary | Elementary | 3.2 km |
| Rutland Senior Secondary | Elementary | 3.2 km |
| Rutland Middle School | Middle | 3.4 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)
- Loseth Park559 m
- Lund Park673 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,950) — 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.





