Property Type: Detached HouseOwnership: Freehold

183 Magic Drive

Kelowna, BC V1V1N2

$1,175,000

4 bed3 bath2 parking2,502 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,406.92

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Stucco

Building

Roof
Unknown, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Full bathroomLower level6'2'' x 7'4''
BedroomLower level8'9'' x 11'6''
Laundry roomLower level7' x 12'
FoyerLower level11'6'' x 15'4''
GymLower level11'2'' x 17'6''
OfficeLower level11'4'' x 17'
Dining roomMain level12' x 16'
BedroomMain level8'4'' x 13'
BedroomMain level8' x 12'7''
Full bathroomMain level4'6'' x 9'
Full ensuite bathroomMain level8'6'' x 9'
Primary BedroomMain level11'6'' x 13'
Living roomMain level17' x 20'
KitchenMain level14' x 16'

Listing Information

MLS®
10396331
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

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

Description

Whether you're looking for a family home, a quiet retreat, or flexible living space, this architecturally designed home offers privacy, views, and an exceptional location with easy access to Knox Mountain Park and bus routes to local schools. Located in prestigious Magic Estates, this 4 bedroom, 3 bathroom home with two flex rooms showcases stunning views of Okanagan Lake and the surrounding mountains. Oversized windows fill the home with natural light and frame spectacular views throughout. The spacious foyer leads to the main level featuring an open concept layout with a cathedral ceiling, stone fireplace with gas stove, and panoramic lake and mountain views. The covered front balcony is perfect for relaxing. The kitchen offers ample counter space, a gas range, and breakfast area, while the dining room opens to a private deck and low maintenance backyard backing onto nature. The main level includes the primary bedroom with ensuite, two additional bedrooms, and a full bathroom. The lower level features a bright office or studio, fourth bedroom, third bathroom, laundry, and a spacious gym or flex room. A full size double garage provides plenty of room for vehicles. Custom built with quality in mind, the home features a durable cement tile roof, solid hardwood and ceramic tile flooring, and reflects exceptional pride of ownership throughout. Ample storage, mature landscaping, and multiple outdoor living spaces complete this exceptional Magic Estates offering. (id:63159)

Values & Trends

This listing

$470/sqft

Building average

No other active listings in this building

Glenmore average

$632/sqft

61 active listing(s)

Parking: 2 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

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

7

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
Watson Road ElementaryElementary2.0 km
North Glenmore ElementaryElementary2.6 km
Dr Knox Middle SchoolMiddle2.7 km
Glenmore ElementaryElementary3.0 km
Bankhead ElementaryElementary3.5 km
The Balsam School(Independent)Elementary3.7 km
Central SecondarySecondary4.7 km
Central School ProgramsK-124.7 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 (4)

  • Avonlea Park407 m
  • Lost Creek Park587 m
  • Upper Canyon Open Space610 m
  • Blair Pond Park700 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$575.58
Total monthly cost$6,640.14
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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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