Property Type: Land / LotOwnership: Freehold

168 Traders Cove Road

Kelowna, BC V1Z3S4

$399,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.34 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,790.92

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)

Listing Information

MLS®
10392569
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: 2 Percent Realty Interior Inc. · Data source: CREA DDF.

Description

Perched above the shimmering waters of Okanagan Lake, this 0.34-acre lot in the highly desired Trader’s Cove community offers an exceptional canvas for your future dream home. Framed by sweeping lake and mountain vistas, the property provides a rare blend of privacy, natural beauty, and convenience. With a driveway already in place and services available, the groundwork is set for an easy start to your build. Positioned to the east, the lot enjoys glowing Okanagan sunrises and ever-changing views throughout the day. Just minutes from the waterfront and only a short 15-minute drive to downtown Kelowna, you’ll experience peaceful lakeview living without sacrificing access to amenities. This is a prime opportunity to embrace the Okanagan lifestyle in one of its most scenic, serene settings. (id:63159)

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.

Nearby Schools

SchoolTypeDistance
The Balsam School(Independent)Elementary5.0 km
Watson Road ElementaryElementary5.0 km
North Glenmore ElementaryElementary5.2 km
Dr Knox Middle SchoolMiddle5.5 km
Bankhead ElementaryElementary5.6 km
Glenmore ElementaryElementary5.7 km
Central SecondarySecondary6.2 km
Central School ProgramsK-126.2 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$149.24
Total monthly cost$2,208.61
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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