Property Type: Land / LotOwnership: Freehold

2703 Ridgemount Drive

West Kelowna, BC V4T0E3

$424,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.27 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,081.5

Interior

Fireplace
None

Listing Information

MLS®
10364666
Listed
October 7, 2025
Time on market
On the market for 328 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Build your dream home in the heart of Tallus Ridge, one of West Kelowna’s most sought-after family-friendly communities. This rare 0.27-acre lot offers generous space and is one of the few remaining opportunities to secure land in this desirable neighbourhood. Surrounded by nature, you'll enjoy direct access to scenic walking trails and nearby parks, perfect for active lifestyles and outdoor exploration. Located just off Shannon Lake Road, commuting is easy and convenient, with schools, golf courses, and everyday amenities just minutes away. Don’t miss your chance to claim this exceptional lot and create the home you’ve always envisioned. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

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
Shannon Lake ElementaryElementary830 m
Constable Neil Bruce Middle SchoolElementary1.8 km
Sensisyusten House of Learning(Independent)Elementary2.6 km
Mount Boucherie SecondarySecondary2.8 km
Chief Tomat ElementaryElementary3.0 km
Glenrosa ElementaryElementary3.1 km
Our Lady of Lourdes(Independent)Elementary/Middle3.4 km
Webber Road ElementaryElementary3.6 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 (5+)

  • Boulder Park350 m
  • Stonegrove Park376 m
  • Cobblestone Park392 m
  • Unnamed563 m
  • Tallus Park614 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$339,920.00
Periodic payment — Principal & Interest (monthly)$2,193.05
Additional monthly expenses (strata, tax, utilities, etc.)$173.46
Total monthly cost$2,366.51
Interest paid over 5-yr term$97,422.05
Balance at end of term$305,759.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,245
Stress test qualifying rate8.09%
Payment you must qualify for$3,103.97

Cash Needed at Closing

Minimum down payment$21,245
Estimated BC PTT$6,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,243

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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