Property Type: Detached HouseOwnership: Freehold

2029 Richter Street

Kelowna, BC V1Y2N4

$595,300

5 bed2.5 bath1,551 sqftBuilt 1911
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.13 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,423.24

Interior

Heating
Baseboard heaters, Other
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Parking

Features
Rear, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level12'3'' x 13'7''
BedroomSecond level13'4'' x 12'5''
2pc BathroomSecond level3'6'' x 7'3''
4pc BathroomMain level7'8'' x 11'5''
Dining roomMain level11'5'' x 11'5''
BedroomMain level11'1'' x 11'7''
BedroomMain level13'2'' x 6'8''
BedroomMain level11'2'' x 11'5''
Living roomMain level13'2'' x 16'2''
KitchenMain level16'1'' x 11'2''

Listing Information

MLS®
10384561
Listed
April 28, 2026
Time on market
On the market for 125 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Charming as can be, this character-filled starter home is ideally located just blocks from the beach and hospital. This 5-bedroom, 2-bath two-storey residence blends timeless appeal with thoughtful updates, featuring a spacious primary suite complete with a private deck, a welcoming front porch, and a functional layout for families or investors alike. Lane access leads to a detached garage, adding convenience and flexibility. Situated on a 0.138-acre lot and zoned TS1, the property offers excellent redevelopment potential for ground-oriented multi-unit housing, including duplex, triplex, fourplex, or townhome configurations. The Future Core Neighbourhood designation further supports increased density, making this an exceptional opportunity with added upside through potential land assembly. On city bus route, walking distance to all amenities. (id:63159)

Values & Trends

This listing

$384/sqft

Building average

No other active listings in this building

Kelowna South average

$759/sqft

80 active listing(s)

Parking: Not indicatedStorage 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

12°C

Clear

Humidity 88%

Wind ENE 5 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

22

5/9 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
St Joseph Elementary School(Independent)Elementary295 m
Central School ProgramsK-12409 m
Central SecondarySecondary409 m
A S Matheson ElementaryElementary745 m
Raymer ElementaryElementary1.4 km
The Balsam School(Independent)Elementary1.6 km
Kelowna SecondarySecondary1.7 km
Bankhead ElementaryElementary1.9 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)

  • Boston Pizza · 545 Harvey Avenue688 m

Cafes (2)

  • Starbucks730 m
  • Abbott St. Cafe798 m

Parks (5+)

  • Rowcliffe Park · 1850 Richter Street463 m
  • Millbridge Park667 m
  • Cameron Park · 2345 Richter Street673 m
  • Cadder Avenue Beach Access719 m
  • Burne Avenue Beach Access721 m

Pharmacies (2)

  • Remedy'sRx559 m
  • Pharmasave739 m

Banks & ATMs (1)

  • Canadian Western Bank755 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,530) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$476,240.00
Periodic payment — Principal & Interest (monthly)$3,072.54
Additional monthly expenses (strata, tax, utilities, etc.)$363.27
Total monthly cost$3,435.81
Interest paid over 5-yr term$136,491.75
Balance at end of term$428,379.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,530
Stress test qualifying rate8.09%
Payment you must qualify for$4,312.13

Cash Needed at Closing

Minimum down payment$34,530
Estimated BC PTT$9,906
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,936

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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