250 Lochview Road
Kelowna, BC V1V1G8
$3,888,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 7.15 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $14,806
Interior
- Fireplace
- None
Exterior & Lot
- Waterfront
- Waterfront on lake
Listing Information
- MLS®
- 10366940
- Listed
- October 28, 2025
- Time on market
- On the market for 307 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
7.146 acre lakeshore parcel in the Glenmore area of Kelowna. With 273' of lakeshore property with a dock already in place, this is a spectacular opportunity to create an architecturally stunning home with some of the best views in the Okanagan. Located just to the North of the prestigious ""Sheerwater"" development, this is an opportunity to have over seven acres of land and your own private foreshore area. Sheerwater has consistently produced $10,000,000+ homes, and this lot would allow for a beautiful home with a building site already established/blasted to maximize your views. Access to water would be best achieved via tram, similar to neighboring properties in the general area. Unique opportunity with Lochview Road running through the property, and fronting Clifton Road at the East side of the parcel. Current zoning RR1 (small section is P4), with a future land use of S-RES, and not in the Agricultural Land Reserve (ALR). There may be immediate/long-term development potential, with a variety of building sites and access points evident. Immediately adjacent to the South is another available parcel, which can be purchased separately or in conjunction with the subject property (SEE MLS# 10366928). That parcel is 6.36 acres allowing for a possibility of two titles and a total of 13.506 acres of land. Please be considerate of neighbors when visiting the parcel. (id:63159)
Location Insights
Weather
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
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
| School | Type | Distance |
|---|---|---|
| North Glenmore Elementary | Elementary | 2.2 km |
| Dr Knox Middle School | Middle | 2.7 km |
| Watson Road Elementary | Elementary | 2.9 km |
| Glenmore Elementary | Elementary | 4.3 km |
| Aberdeen Hall Preparatory School(Independent) | K-12 | 4.6 km |
| Bankhead Elementary | Elementary | 4.9 km |
| The Balsam School(Independent) | Elementary | 5.2 km |
| Central Secondary | Secondary | 6.2 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)
- Lochview Road Beach Access381 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($777,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.