Property Type: Land / LotOwnership: Freehold

2796 Benedick Road

West Kelowna, BC V1Z1T9

$6,250,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
15.15 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$22,114

Interior

Fireplace
None

Listing Information

MLS®
10397658
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.

Description

Court-Ordered Development Site for Sale. An exceptional opportunity to acquire approximately 15.15 acres with preliminary work underway for a single-family/duplex subdivision in one of West Kelowna's most desirable lakeside neighbourhoods. Enjoy panoramic views of Okanagan Lake and the surrounding valley while securing a rare large-scale development site just minutes from downtown Kelowna, major transportation routes, schools, shopping, recreation, and waterfront amenities. Currently zoned RU1 & RU2, the property has benefited from significant development planning, including a proposed subdivision layout, preliminary costing, engineering, environmental reports, and supporting due diligence. These materials are available to qualified purchasers upon execution of a NDA. The site's size, topography, and established surrounding neighbourhood provide an outstanding foundation for a thoughtfully planned residential community. Located between established parks and only minutes from Shelter Bay Marina, future residents will enjoy easy access to Okanagan Lake, beaches, hiking trails, schools, and everyday conveniences while remaining connected to one of BC's fastest-growing urban centres. Opportunities of this scale within West Kelowna's urban growth area are increasingly rare. Existing development work may provide valuable time savings during the planning process while allowing purchasers the flexibility to refine the project to meet current market conditions. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

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

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

11

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
Hudson Road ElementaryElementary2.0 km
Mar Jok ElementaryElementary3.1 km
Mount Boucherie SecondarySecondary3.2 km
Rose Valley ElementaryElementary3.6 km
Raymer ElementaryElementary3.6 km
Chief Tomat ElementaryElementary4.0 km
Casorso ElementaryElementary4.1 km
Constable Neil Bruce Middle SchoolElementary4.3 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

Parks (5+)

  • Casa Loma Waterfront Access88 m
  • Casa Loma Dock286 m
  • Dupuis Park · 2670 Casa Loma Road384 m
  • Dupuis Boat Launch486 m
  • Casa Loma Beach · 2606 Casa Loma Road539 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,250,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$5,000,000.00
Periodic payment — Principal & Interest (monthly)$32,258.30
Additional monthly expenses (strata, tax, utilities, etc.)$1,842.83
Total monthly cost$34,101.14
Interest paid over 5-yr term$1,433,014.37
Balance at end of term$4,497,516.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,250,000
Stress test qualifying rate8.09%
Payment you must qualify for$38,448.25

Cash Needed at Closing

Minimum down payment$1,250,000
Estimated BC PTT$230,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,482,000

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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