Property Type: Land / LotOwnership: Freehold

1703 Lindsay Drive

Kelowna, BC V1Y2A7

$989,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.29 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,359.21

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Listing Information

MLS®
10379454
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

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

Description

RARE OPPORTUNITY.......Panoramic lake and mountain views just minutes from downtown Kelowna. This is a rare opportunity to secure a premium oversized lot in highly sought-after Lower Glenmore with no subdivision restrictions and no building timeline — giving you the freedom to design and build entirely on your terms. Perched atop a flat rocky plateau, this impressive 68 ft x 214 ft property offers a substantial building pocket with minimal site preparation required, potentially saving significant time and development costs. The unique topography and access options create exceptional flexibility for a wide range of architectural possibilities. Whether you envision a luxury estate, modern architectural masterpiece, multi-generational residence, or income-generating development, this property provides outstanding potential. The lot configuration supports multiple layout opportunities, including the potential for a 4-plex with access from both a private laneway and the street below. With Kelowna’s updated zoning and eased building restrictions now in effect, the possibilities for this property have expanded considerably, making this an exceptional opportunity for builders, investors, or those looking to create a truly custom home in one of Kelowna’s most desirable locations. A unique property offering flexibility, scale, and long-term potential in a prime central location. (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.

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 ElementaryElementary752 m
Watson Road ElementaryElementary1.3 km
Bankhead ElementaryElementary1.5 km
The Balsam School(Independent)Elementary2.6 km
Dr Knox Middle SchoolMiddle2.9 km
Central SecondarySecondary3.1 km
Central School ProgramsK-123.1 km
St Joseph Elementary School(Independent)Elementary3.2 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.

Nearby Places

Restaurants (1)

  • Murray's Pizza · 1924 Summit Drive634 m

Parks (2)

  • Sonora Park374 m
  • Caro Park375 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($73,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$791,920.00
Periodic payment — Principal & Interest (monthly)$5,109.20
Additional monthly expenses (strata, tax, utilities, etc.)$279.93
Total monthly cost$5,389.13
Interest paid over 5-yr term$226,966.55
Balance at end of term$712,334.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,043.03

Cash Needed at Closing

Minimum down payment$73,990
Estimated BC PTT$17,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,288

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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