260 Lake Avenue
Kelowna, BC V1Y5W7
$1,648,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 3
- Lot size
- 0.15 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,019.4
Interior
- Basement
- Full
- Heating
- Stove, Forced air, Wood
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Insert
- Flooring
- Tile, Hardwood
Exterior & Lot
- Exterior features
- Wood siding
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 6 — covered indicated
- Features
- Detached Garage, Rear, Street
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 10'5'' x 13'4'' |
| Living room | Lower level | 13' x 9'1'' |
| Partial bathroom | Secondary Dwelling Unit | 6'10'' x 3'3'' |
| Full bathroom | Secondary Dwelling Unit | 11'2'' x 9'8'' |
| Kitchen | Secondary Dwelling Unit | 9'7'' x 11'3'' |
| Living room | Secondary Dwelling Unit | 10'9'' x 14'11'' |
| Dining room | Main level | 12'10'' x 10'8'' |
| Primary Bedroom | Secondary Dwelling Unit | 16'4'' x 11'3'' |
| Bedroom | Secondary Dwelling Unit | 12'11'' x 10'1'' |
| Bedroom | Lower level | 14'2'' x 13'4'' |
| Full bathroom | Lower level | 9'5'' x 5' |
| Bedroom | Second level | 13'3'' x 11'3'' |
| Bedroom | Second level | 10'6'' x 11'3'' |
| 3pc Bathroom | Second level | 7'7'' x 7'9'' |
| 4pc Bathroom | Main level | 10'4'' x 7'9'' |
| Primary Bedroom | Second level | 15'11'' x 13' |
| Kitchen | Main level | 13'7'' x 11'9'' |
| Living room | Main level | 19'8'' x 13'3'' |
Listing Information
- MLS®
- 10387088
- Listed
- May 12, 2026
- Time on market
- On the market for 111 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Looking for a character-filled home with the flexibility for multigenerational living, guests, or additional income? This exceptional Lake Avenue property offers charm, space, and versatility just steps from Okanagan Lake in one of Kelowna’s most desirable neighbourhoods. Thoughtfully maintained and upgraded yet full of original character, this home is not on the Heritage Registry, allowing you to enjoy the beauty of a character property without heritage designation restrictions. Inside, you’ll find hardwood flooring, abundant natural light, and updates that complement the home’s timeless appeal. The main floor offers a flexible layout with a beautifully designed laundry and pantry area that was originally the primary bedroom and could easily be converted back into a main-floor suite. Upstairs features three bright bedrooms, while the lower level offers another a 1-bedroom in-law suite. The detached 2-bedroom, 2-bathroom carriage home, built in 2015, is the perfect addition for multigenerational living, rental income, guests, or a home-based business. Surrounded by mature landscaping and inviting outdoor spaces, this property offers a private retreat just moments from beaches, parks, restaurants, coffee shops, and Pandosy Village. Character, flexibility, income potential, and the Okanagan lifestyle. (id:63159)
Values & Trends
This listing
$441/sqft
Building average
—
No other active listings in this building
Kelowna South average
$759/sqft
80 active listing(s)
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
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
33
6/9 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 |
|---|---|---|
| Central Secondary | Secondary | 777 m |
| Central School Programs | K-12 | 777 m |
| St Joseph Elementary School(Independent) | Elementary | 926 m |
| The Balsam School(Independent) | Elementary | 1.3 km |
| A S Matheson Elementary | Elementary | 1.5 km |
| Raymer Elementary | Elementary | 1.8 km |
| Bankhead Elementary | Elementary | 2.2 km |
| Kelowna Secondary | Secondary | 2.3 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 (5+)
- West Coast Grill & Oyster Bar361 m
- Pilgrim & Pearl363 m
- Tamm Mexican Restaurant · 430 Harvey Avenue402 m
- Boston Pizza · 545 Harvey Avenue523 m
- Yamas Greek Taverna · 1630 Ellis Street533 m
Cafes (5+)
- O-Lake Cafe & Bistro528 m
- Pulp Fiction Coffee House · 1598 Pandosy Street557 m
- Tim Hortons · 261 Bernard Avenue599 m
- Starbucks600 m
- Blenz Coffee · 297 Bernard Avenue605 m
Parks (5+)
- Vimy Avenue Beach Access272 m
- Beach Avenue Beach Access280 m
- McTavish Avenue Beach Access308 m
- Lake Avenue Beach Access340 m
- Burne Avenue Beach Access391 m
Gyms (3)
- BarreRoom · 410 Bernard Avenue673 m
- SPIN co · 410 Bernard Avenue674 m
- Move & Flow · 589 Lawrence Avenue723 m
Pharmacies (1)
- Pharmasave424 m
Banks & ATMs (5+)
- RBC Royal Bank504 m
- TD · 1633 Ellis Street553 m
- Unnamed648 m
- BMO · 327 Bernard Avenue648 m
- Canadian Western Bank648 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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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.