Property Type: Detached HouseOwnership: FreeholdNEW LISTING

160 Leo Road

Kelowna, BC V1X1E8

$979,000

4 bed2 bath1 parking2,133 sqftBuilt 1972
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Open House

Saturday, September 5

1:00 PM3:00 PM

Come and visit Dave Stratton with Royal Lepage and view this incredible property!

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.37 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,253.98

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding
Pool
Inground pool

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
006-850-251

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, Rear, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomAdditional Accommodation16'11'' x 10'11''
KitchenAdditional Accommodation24'11'' x 11'3''
BedroomAdditional Accommodation17'7'' x 10'11''
Full bathroomAdditional Accommodation5'5'' x 7'2''
Laundry roomBasement9' x 10'10''
OtherBasement11'9'' x 21'7''
Primary BedroomMain level12'6'' x 10'1''
Living roomMain level17'10'' x 13'1''
KitchenMain level16'3'' x 10'4''
Dining roomMain level8'10'' x 10'4''
OtherMain level22'10'' x 12'
BedroomMain level9' x 10'8''
BedroomMain level9' x 10'8''
Full ensuite bathroomMain level4'11'' x 10'1''

Listing Information

MLS®
10399180
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 31, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

A very rare Rutland South opportunity that delivers lifestyle, flexibility, and future potential on a truly exceptional lot. Set on a massive 0.37-acre property with MF1 zoning, this double-sized parcel offers exciting long-term possibilities for townhome-style redevelopment, while the existing home provides immediate value and everyday enjoyment. The home itself offers 4 bedrooms, 2 bathrooms, and over 2,100 sq ft across two levels, including a separate-entry basement suite configuration with its own kitchen, living area, bedroom, bathroom, and laundry. The main floor features three bedrooms, bright living and dining spaces, and direct access to the generous deck overlooking the backyard. Outside is where this property truly shines. The huge yard is anchored by an incredible in-ground pool, creating a private summer oasis with room to entertain, relax, garden, or simply enjoy the space. The attached garage, additional parking, rear access, RV parking, and convenient access from Rutland Road add excellent day-to-day practicality and future planning flexibility. Adding further peace of mind, the roof is being replaced, giving buyers another important improvement on a property already loaded with upside. Whether you are looking for a spacious family home, a suite-friendly holding property, or a strategic redevelopment opportunity, 160 Leo Road offers a compelling combination of land, location, poolside lifestyle, and future potential. (id:63159)

Values & Trends

This listing

$459/sqft

Building average

No other active listings in this building

Rutland South average

$421/sqft

43 active listing(s)

Parking: 1 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

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

SchoolTypeDistance
Belgo Elementary SchoolElementary373 m
Okanagan Christian School(Independent)K-12680 m
Quigley ElementaryElementary874 m
South Rutland ElementaryElementary1.0 km
Flex Academy(Independent)K-121.8 km
Okanagan Montessori Elementary School(Independent)Elementary1.8 km
Rutland Senior SecondaryElementary2.0 km
Rutland Middle SchoolMiddle2.1 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)

  • Belgo Park605 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$783,200.00
Periodic payment — Principal & Interest (monthly)$5,052.94
Additional monthly expenses (strata, tax, utilities, etc.)$461.50
Total monthly cost$5,514.44
Interest paid over 5-yr term$224,467.37
Balance at end of term$704,490.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,967.59

Cash Needed at Closing

Minimum down payment$72,900
Estimated BC PTT$17,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,980

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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