Property Type: Detached HouseOwnership: Leasehold

1922 Abel Street

West Kelowna, BC V1Z3C8

$899,900

4 bed4.5 bath2 parking3,791 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.24 acres
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$3,392.14

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Wood, Gas, Conventional, Unknown
Flooring
Hardwood, Laminate, Carpeted, Linoleum

Exterior & Lot

Exterior features
Cedar Siding
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Additional Parking

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherBasement11'0'' x 11'0''
Recreation roomBasement19'0'' x 13'0''
DenBasement11'0'' x 14'2''
Laundry roomMain level6'0'' x 9'0''
BedroomBasement10'11'' x 10'0''
2pc BathroomMain level5'0'' x 8'0''
3pc BathroomBasement5'6'' x 8'0''
3pc Ensuite bathSecond level8'2'' x 11'4''
3pc BathroomSecond level8'0'' x 10'0''
BedroomSecond level10'1'' x 11'2''
BedroomSecond level10'11'' x 10'0''
Primary BedroomSecond level12'10'' x 17'9''
Living roomMain level15'9'' x 16'2''
Family roomMain level13'8'' x 19'0''
KitchenMain level12'3'' x 10'9''
Dining roomMain level11'6'' x 13'8''
FoyerBasement10'0'' x 8'0''

Listing Information

MLS®
10392830
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

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

Description

Spacious and beautifully updated, this 4-bedroom, 4-bathroom family home is tucked away on a quiet dead-end street in a mature neighbourhood just minutes from downtown Kelowna. Featuring a purchased 120-year prepaid modernized lease with no Property Transfer Tax (PTT), this home offers outstanding long-term value and significant savings. The entry level includes a large bedroom, a full bathroom, and a den with a cozy gas fireplace that can easily serve as a fifth bedroom, making it ideal for guests, extended family, or a home office. The second level is designed for comfortable everyday living and entertaining. It features a bright kitchen, formal and informal dining areas, a formal living room with a gas fireplace, and a cozy family/TV room with a wood-burning fireplace. A convenient half bath and laundry room with direct access to the fully fenced backyard add everyday functionality. Step outside to enjoy the covered front deck or the spacious rear deck, perfect for relaxing or hosting family and friends. Upstairs, you’ll find two spacious bedrooms with lake views and a 4-piece main bathroom. The generous primary suite offers a walk-through closet and a beautifully renovated ensuite with a large walk-in tiled shower. Recent updates include a new furnace (2022), fresh interior and exterior paint, new flooring throughout, and all new appliances. The park-like, fully fenced backyard offers privacy and direct access to nearby walking trails. Ample parking accommodates multiple vehicles/RV, within walking distance to shopping and transit, this move-in-ready home combines space, comfort, and an unbeatable location. (id:63159)

Values & Trends

This listing

$237/sqft

Building average

No other active listings in this building

Lakeview Heights average

$511/sqft

94 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

Nearest station: Kelowna

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

4/9 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
Rose Valley ElementaryElementary1.9 km
Mar Jok ElementaryElementary2.8 km
Hudson Road ElementaryElementary3.1 km
The Balsam School(Independent)Elementary3.2 km
Central School ProgramsK-123.3 km
Central SecondarySecondary3.3 km
St Joseph Elementary School(Independent)Elementary3.4 km
Raymer ElementaryElementary3.5 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 (1)

  • Sammy J’s202 m

Cafes (1)

  • Tim Hortons · 525 Okanagan Highway390 m

Pharmacies (1)

  • Shoppers Drug Mart · 525 Okanagan Highway201 m

Banks & ATMs (1)

  • TD · 525 Okanagan Highway324 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$472.68
Total monthly cost$5,117.36
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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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