Property Type: Land / LotOwnership: Freehold

180 Highway 33 E

Rutland, BC V1X2A3

$3,188,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.49 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10382982
Listed
April 10, 2026
Time on market
On the market for 143 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Exceptional development opportunity in the heart of Kelowna’s rapidly evolving Highway 33 corridor. This property, together with 145 Sadler Road, offers strong potential within one of the city’s fastest-growing urban neighbourhoods. Ideally located close to transit, schools, parks, shopping, grocery stores, and just a short drive to UBCO and Kelowna International Airport, this area continues to see significant growth and investment. Positioned within a designated Urban Centre, the property supports higher-density residential and mixed-use development, aligning with Kelowna’s vision to meet increasing housing demand. Surrounded by ongoing and proposed developments, this location presents an excellent opportunity for developers and investors to capitalize on future growth and strong market demand. Whether you are looking to explore redevelopment potential or secure a strategic holding property in a high-growth area, this offering provides flexibility and long-term upside. Buyers are encouraged to verify zoning, density, and development potential with the City of Kelowna. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

Clear

14°C

Clear

Humidity 79%

Wind N 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

6/9 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
South Rutland ElementaryElementary306 m
Belgo Elementary SchoolElementary829 m
Rutland Senior SecondaryElementary862 m
Rutland Middle SchoolMiddle976 m
Rutland ElementaryElementary1.3 km
Flex Academy(Independent)K-121.4 km
Quigley ElementaryElementary1.5 km
Pearson Road ElementaryElementary1.5 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 (5+)

  • Memphis Blues87 m
  • Fusion Food Lounge186 m
  • Alcatraz Chicken · 225 Rutland Road South221 m
  • Vancouver Pizza Kitchen · 225 Rutland Road South248 m
  • Latin Fiesta597 m

Cafes (2)

  • Starbucks88 m
  • Dosa Crepe Cafe · Gray Road193 m

Grocery (1)

  • Save-On-Foods328 m

Parks (5+)

  • Rutland Centennial Park334 m
  • Roxby Square357 m
  • Rutland Lions Park401 m
  • Briarwood Park593 m
  • Brighton Park654 m

Pharmacies (2)

  • The Local Pharmacy · 225 Rutland Road South240 m
  • Shoppers Drug Mart510 m

Banks & ATMs (4)

  • Basha Donair - Bitcoin Well ATM · 135 Rutland Road North89 m
  • First West Credit Union · 110 Highway 33 West163 m
  • Interior Savings192 m
  • TD398 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($637,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,550,400.00
Periodic payment — Principal & Interest (monthly)$16,454.32
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$16,454.32
Interest paid over 5-yr term$730,951.97
Balance at end of term$2,294,093.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$637,600
Stress test qualifying rate8.09%
Payment you must qualify for$19,611.68

Cash Needed at Closing

Minimum down payment$637,600
Estimated BC PTT$77,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$716,500

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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