Property Type: Detached HouseOwnership: Freehold

2118 Ryegrass Road

Kelowna, BC V1Y0A2

$1,450,000

5 bed4 full, 2 half bath4 parking2,639 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.19 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,142

Interior

Basement
Full
Heating
Baseboard heaters, Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Laminate, Mixed Flooring

Exterior & Lot

Exterior features
Stucco, Vinyl siding, Other
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Detached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomMain level11'4'' x 14'7''
BedroomMain level11'4'' x 11'4''
2pc BathroomMain level5'1'' x 5'4''
BedroomBasement10'4'' x 15'7''
Partial bathroomBasement8' x 8'4''
Laundry roomMain level8'11'' x 5'10''
4pc BathroomMain level8'11'' x 8'10''
Primary BedroomMain level12'11'' x 13'2''
BedroomBasement14'5'' x 11'11''
3pc BathroomBasement8'1'' x 8'3''
KitchenBasement16' x 16'7''
BedroomBasement10'1'' x 14'10''
Dining roomMain level12'11'' x 12'8''
PantryMain level5'5'' x 3'10''
KitchenMain level13'10'' x 12'1''

Listing Information

MLS®
10367188
Listed
October 30, 2025
Time on market
On the market for 305 days
Data last synced
August 28, 2026

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

Description

Welcome to 2118 Ryegrass Road, a meticulously maintained freehold home in the sought-after Tower Ranch community, offering breathtaking panoramic views of the valley, lake, mountains, golf course and airport. The inviting entry opens to a bright main level with a spacious front bedroom, two-piece bathroom, laundry room and access to the oversized double garage. The open-concept main living area features large windows that fill the home with natural light. The gourmet kitchen includes modern cabinetry, a large stone island, stainless steel appliances and a walk-in pantry, flowing seamlessly to the dining and living spaces and out to the covered view deck—perfect for enjoying sunsets year-round. The king-sized primary suite offers a spa-inspired ensuite and a generous walk-in closet with direct laundry access. The walk-out lower level offers excellent flexibility, including a large storage crawlspace, an additional bedroom with walk-in closet and a three-piece bath. A bright, fully self-contained legal one-bedroom suite features its own entrance, full kitchen, spacious living area and a walk-out patio for barbecues and outdoor relaxation—all with stunning Okanagan views. Energy-efficient furnace and hot-water system complete this thoughtful home. Steps to walking trails, Tower Ranch Golf Course, Tallgrass Park and minutes to UBCO, the airport and shopping. (id:63159)

Values & Trends

This listing

$549/sqft

Building average

No other active listings in this building

Rutland North average

$513/sqft

84 active listing(s)

Parking: 4 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

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
Ellison ElementaryElementary2.5 km
Rutland ElementaryElementary3.1 km
Rutland Senior SecondaryElementary3.7 km
Rutland Middle SchoolMiddle3.8 km
South Rutland ElementaryElementary4.3 km
Pearson Road ElementaryElementary4.5 km
Aberdeen Hall Preparatory School(Independent)K-124.7 km
Belgo Elementary SchoolElementary5.1 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 (1)

  • Tallgrass Park · 1935 Tallgrass Trail316 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,160,000.00
Periodic payment — Principal & Interest (monthly)$7,483.93
Additional monthly expenses (strata, tax, utilities, etc.)$643.83
Total monthly cost$8,127.76
Interest paid over 5-yr term$332,459.33
Balance at end of term$1,043,423.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$120,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,227.23

Cash Needed at Closing

Minimum down payment$120,000
Estimated BC PTT$27,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,500

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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