Property Type: Detached HouseOwnership: Freehold

1563 Homestead Court

Kelowna, BC V1V2N8

$1,299,900

4 bed3.5 bath4 parking3,214 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Stories
2.5
Lot size
0.25 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,819.91

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Wood, Gas, Conventional, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Stone, Stucco
View
City view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement5'3'' x 12'8''
Laundry roomBasement8'5'' x 12'9''
Full bathroomAdditional Accommodation10'11'' x 8'10''
DenBasement9'5'' x 15'1''
BedroomBasement15'1'' x 12'4''
BedroomAdditional Accommodation15'1'' x 12'4''
Living roomAdditional Accommodation16'6'' x 15'3''
Dining roomAdditional Accommodation7'9'' x 8'7''
KitchenAdditional Accommodation18'0'' x 6'7''
OtherSecond level6'8'' x 15'5''
5pc Ensuite bathSecond level13'7'' x 8'1''
Primary BedroomSecond level17'1'' x 15'6''
OtherMain level33'8'' x 27'1''
Laundry roomMain level9'7'' x 15'8''
FoyerMain level8'5'' x 10'0''
2pc BathroomMain level6'6'' x 8'6''
BedroomMain level13'9'' x 12'11''
Living roomMain level14'11'' x 17'0''
Dining roomMain level17'9'' x 14'10''
KitchenMain level11'6'' x 15'2''

Listing Information

MLS®
10383709
Listed
April 18, 2026
Time on market
On the market for 135 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Welcome to 1563 Homestead Court, a spacious Glenmore home set on a quiet cul de sac with sweeping city, mountain, and valley views. This 4 bed, 3 bath residence offers 3376 sq ft of flexible living, including a main floor bedroom/den/flex room complete with a space saving Murphy bed & a fully finished lower level suite. The open concept main floor features vaulted ceilings, hardwood floors, bright SE exposure, and a generous kitchen with stainless appliances and ample workspace. Set on 0.25 acres, the property includes an oversized double garage with storage, extra parking, and a sizeable backyard with new fencing that preserves privacy for both suites. The home has received over $100K in upgrades, including a renovated lower level suite with new kitchen, appliances, flooring, paint, laundry, doors, independent heating, and a professionally upgraded sound proofed ceiling that significantly reduces noise transfer between units. A new paving stone walkway provides safe, private access to the suite. Both the upper and lower suites are rented to excellent tenants for a combined $5630 monthly. The lower suite offers an exceptional mortgage helper opportunity for buyers seeking strong, reliable income in one of Kelowna’s most desirable neighbourhoods. (id:63159)

Values & Trends

This listing

$404/sqft

Building average

No other active listings in this building

Glenmore average

$633/sqft

61 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

11

2/9 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
Glenmore ElementaryElementary727 m
Bankhead ElementaryElementary1.4 km
Watson Road ElementaryElementary1.5 km
The Balsam School(Independent)Elementary2.4 km
Central SecondarySecondary2.9 km
Central School ProgramsK-122.9 km
St Joseph Elementary School(Independent)Elementary3.0 km
Dr Knox Middle SchoolMiddle3.0 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

Restaurants (1)

  • Murray's Pizza · 1924 Summit Drive717 m

Parks (3)

  • Sonora Park222 m
  • Caro Park526 m
  • Hartwick Park764 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,920.00
Periodic payment — Principal & Interest (monthly)$6,709.21
Additional monthly expenses (strata, tax, utilities, etc.)$645.99
Total monthly cost$7,355.20
Interest paid over 5-yr term$298,044.06
Balance at end of term$935,411.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,188.44

Cash Needed at Closing

Minimum down payment$104,990
Estimated BC PTT$23,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,488

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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