Property Type: Detached HouseOwnership: Freehold

1494 Montenegro Drive

Kelowna, BC V1P1R3

$1,388,800

6 bed5.5 bath5 parking4,200 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.19 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,561.03

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Hardwood, Carpeted, Ceramic Tile

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Detached Garage

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
BedroomBasement10' x 11'
StorageBasement12' x 5'
KitchenBasement9'6'' x 11'
BedroomBasement13'6'' x 12'
Living roomBasement18'6'' x 18'6''
4pc BathroomBasement8'5''
BedroomBasement11' x 10'
Dining roomBasement18'6'' x 12'
3pc BathroomBasement5' x 8'
BedroomBasement13' x 12'
PantryMain level5' x 5'
FoyerMain level17' x 7'
Laundry roomMain level8' x 9'
4pc Ensuite bathMain level5' x 7'
BedroomMain level13' x 13'
5pc Ensuite bathMain level8' x 10'
OfficeMain level18' x 12'
Primary BedroomMain level14' x 20'
Living roomMain level12' x 20'
2pc BathroomMain level5' x 6'
KitchenMain level18' x 16'

Listing Information

MLS®
10395227
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan-Letnick Estates · Data source: CREA DDF.

Description

Perched on a quiet, family-friendly street, this breathtaking 4,200+ sq. ft. walkout rancher showcases panoramic lake and mountain views from nearly every window. Thoughtfully designed for multi-generational living or exceptional income potential, the home features 6 bedrooms + office, 5 bathrooms, self-contained 2-bedroom legal suite, and the potential to create an additional 2-bedroom suite in the basement, complete with two kitchens, two laundry areas, and separate entrances. The main floor offers two spacious bedrooms, each with its own ensuite, including a luxurious primary retreat with a 5-piece ensuite featuring a soaker tub with stunning views. Custom woodwork throughout, granite countertops, and a beautifully appointed chef's kitchen create an elegant inviting living space, while the covered deck provides the perfect setting to take in the spectacular Okanagan scenery. Downstairs, enjoy a dedicated theatre/rec room with its own entrance, along with abundant flexible living space. Complete with a double garage, ample additional parking, and meticulous pride of ownership, this move-in-ready home is ideally located just minutes from Black Mountain Golf Club, schools, Costco, Superstore, UBCO, Kelowna International Airport, Big White Ski Resort, and a future mixed-use commercial development with grocery and retail amenities—offering an unbeatable combination of luxury, convenience, and long-term value. (id:63159)

Values & Trends

This listing

$331/sqft

Building average

No other active listings in this building

Black Mountain average

$411/sqft

48 active listing(s)

Parking: 5 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

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

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
Black Mountain ElementaryElementary802 m
Belgo Elementary SchoolElementary3.3 km
Okanagan Christian School(Independent)K-123.4 km
South Rutland ElementaryElementary3.4 km
Okanagan Montessori Elementary School(Independent)Elementary3.5 km
Quigley ElementaryElementary3.7 km
Rutland ElementaryElementary4.3 km
Rutland Senior SecondaryElementary4.4 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 (3)

  • Gopher Creek Linear Park409 m
  • Unnamed458 m
  • Bella Vista Park555 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($113,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,111,040.00
Periodic payment — Principal & Interest (monthly)$7,168.05
Additional monthly expenses (strata, tax, utilities, etc.)$840.09
Total monthly cost$8,008.14
Interest paid over 5-yr term$318,427.26
Balance at end of term$999,384.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$113,880
Stress test qualifying rate8.09%
Payment you must qualify for$9,803.69

Cash Needed at Closing

Minimum down payment$113,880
Estimated BC PTT$25,776
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,156

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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