Property Type: Detached HouseOwnership: Leasehold

2157 Alexander Place

Kelowna, BC V1Z2X5

$1,120,000

3 bed4 full, 2 half bath6 parking3,683 sqftBuilt 1985
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.46 acres

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$6,028.19

Interior

Basement
Full
Heating
Baseboard heaters
Cooling / A/C
Wall unit, Heat Pump
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Carpeted, Ceramic Tile, Wood

Exterior & Lot

Exterior features
Brick
View
City view, Lake view, Mountain view, View of water, View (panoramic), Unknown
Pool
Pool, Inground pool, Indoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

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

Room Dimensions

RoomLevelDimensions
Utility roomLower level11' x 13'3''
SunroomMain level8'5'' x 15'3''
StorageLower level13'5'' x 19'9''
OtherLower level37'8'' x 17'5''
BedroomLower level13'3'' x 14'9''
BedroomLower level12'11'' x 12'11''
4pc BathroomLower level8'7'' x 6'6''
1pc BathroomLower level3'2'' x 3'5''
OtherMain level3'9'' x 19'11''
Primary BedroomMain level13'2'' x 14'10''
OfficeMain level12'2'' x 13'1''
Living roomMain level23'1'' x 19'6''
Laundry roomMain level10'1'' x 12'11''
KitchenMain level10'11'' x 17'3''
FoyerMain level5'7'' x 13'2''
Dining roomMain level14'8'' x 17'7''
4pc Ensuite bathMain level4'11'' x 10'3''
2pc BathroomMain level5'4'' x 5'

Listing Information

MLS®
10388112
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.

Description

Welcome to a rare opportunity in the highly sought-after Lakeridge Park community! Perched on a private 0.46-acre lot, this beautifully updated walkout rancher offers some of the most jaw-dropping, unobstructed views the Okanagan has to offer — stretching across Okanagan Lake, the bridge, Kelowna’s downtown skyline, surrounding mountains, Big White, and Little White. From sunrise coffees to evening sunsets, the wraparound deck was designed to take full advantage of the breathtaking scenery. Inside, this 3-bedroom + 3.5-bathroom home offers over 3,683 sq ft of thoughtfully designed living space ideal for families, professional couples, or those who love to entertain. The vaulted beam ceiling and dramatic floor-to-ceiling windows in the living room create an inviting atmosphere while perfectly framing the panoramic views. The walkout basement provides excellent separation and flexibility for teenagers, guests, or recreation space. A rare highlight of the home is the indoor heated swimming pool, creating year-round enjoyment for the entire family. Numerous updates include: resurfacing and rebuilding the deck, pool liner and equipment upgrades, along with heating and cooling improvements for added comfort and peace of mind. Tucked away in a quiet, established neighbourhood while still being close to schools, shopping, parks, and amenities, this home offers the perfect blend of privacy, lifestyle, and unforgettable views. $245,000 below BC Assessment. (id:63159)

Values & Trends

This listing

$304/sqft

Building average

No other active listings in this building

Lakeview Heights average

$511/sqft

94 active listing(s)

Parking: 6 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

19

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
Rose Valley ElementaryElementary2.1 km
Hudson Road ElementaryElementary2.4 km
Mar Jok ElementaryElementary2.6 km
Raymer ElementaryElementary3.5 km
Central School ProgramsK-123.6 km
Central SecondarySecondary3.6 km
St Joseph Elementary School(Independent)Elementary3.7 km
The Balsam School(Independent)Elementary3.7 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

Restaurants (1)

  • Sammy J’s741 m

Cafes (1)

  • Tim Hortons · 525 Okanagan Highway662 m

Parks (1)

  • Unnamed545 m

Pharmacies (1)

  • Shoppers Drug Mart · 525 Okanagan Highway790 m

Banks & ATMs (1)

  • TD · 525 Okanagan Highway745 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($87,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$896,000.00
Periodic payment — Principal & Interest (monthly)$5,780.69
Additional monthly expenses (strata, tax, utilities, etc.)$686.35
Total monthly cost$6,467.04
Interest paid over 5-yr term$256,796.18
Balance at end of term$805,954.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$87,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,943.41

Cash Needed at Closing

Minimum down payment$87,000
Estimated BC PTT$20,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$108,900

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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