Property Type: Detached HouseOwnership: Freehold

2041 Abbott Street

Kelowna, BC V1Y1C4

$1,780,000

2 bed1 bath1 parking1,765 sqftBuilt 1949
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.21 acres
Frontage
78 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,289.42

Interior

Basement
Crawl space
Heating
Radiant heat
Fireplace
Yes (2)
Fireplace type
Wood, Gas, Conventional, Unknown

Parking

Total spaces
1 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level6'6'' x 10'
Dining roomSecondary Dwelling Unit13'6'' x 13'
DenMain level15'6'' x 13'
BedroomMain level11' x 12'6''
Primary BedroomMain level13' x 15'6''
KitchenMain level11' x 11'6''
Living roomMain level22' x 15'

Listing Information

MLS®
10387898
Listed
May 19, 2026
Time on market
On the market for 104 days
Data last synced
August 28, 2026

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

Description

VALUE IN LAND AND LOCATION !!! Opportunity awaits on one of Kelowna’s most desirable streets. Located just steps from the beach along the prestigious Abbott Street corridor, this property offers a rare chance to build your dream home in one of the city’s most peaceful, coveted, and convenient neighbourhoods. Set on a generous 78 x 120 ft lot (0.21 acres), the property offers exceptional potential for redevelopment, or a custom build designed to suit your vision. The existing one-level bungalow is comfortable and fully livable in the short term, while the true value lies in maximizing the long-term potential of this prime location. Only minutes from downtown Kelowna, this is a rare offering surrounded by beautiful estate homes and the charm of the highly sought-after Abbott Street lifestyle. Situated directly across from Burne Avenue Beach and close to the hospital, the location perfectly balances everyday convenience with an active outdoor lifestyle. Enjoy nearby bike lanes, walkable streets, and easy access to the waterfront, parks, and local amenities. Whether you are looking to create a legacy family property, or invest in one of Kelowna’s premier lakefront neighborhoods, this is an exceptional opportunity not to be missed. (id:63159)

Values & Trends

This listing

$1,008/sqft

Building average

No other active listings in this building

Kelowna South average

$752/sqft

80 active listing(s)

Parking: 1 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

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

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
Central SecondarySecondary819 m
Central School ProgramsK-12819 m
St Joseph Elementary School(Independent)Elementary868 m
A S Matheson ElementaryElementary1.4 km
Raymer ElementaryElementary1.5 km
The Balsam School(Independent)Elementary1.6 km
Kelowna SecondarySecondary2.0 km
KLO Middle SchoolMiddle2.4 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 (4)

  • Tamm Mexican Restaurant · 430 Harvey Avenue729 m
  • West Coast Grill & Oyster Bar741 m
  • Pilgrim & Pearl743 m
  • Boston Pizza · 545 Harvey Avenue753 m

Cafes (1)

  • Abbott St. Cafe401 m

Parks (5+)

  • Burne Avenue Beach Access99 m
  • Cadder Avenue Beach Access144 m
  • Beach Avenue Beach Access227 m
  • Royal Avenue Beach Access343 m
  • Vimy Avenue Beach Access344 m

Pharmacies (2)

  • Remedy'sRx499 m
  • Pharmasave699 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($356,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,424,000.00
Periodic payment — Principal & Interest (monthly)$9,187.16
Additional monthly expenses (strata, tax, utilities, etc.)$695.45
Total monthly cost$9,882.62
Interest paid over 5-yr term$408,122.49
Balance at end of term$1,280,892.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$356,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,950.06

Cash Needed at Closing

Minimum down payment$356,000
Estimated BC PTT$33,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$391,100

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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