Property Type: Detached HouseOwnership: Freehold

2835 Richter Street

Kelowna, BC

$1,704,162

4 bed2 bath2,203 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.16 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,080.61

Interior

Heating
Baseboard heaters, Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Features
Surfaced

Room Dimensions

RoomLevelDimensions
KitchenBasement11' x 8'
Full bathroomBasement
Living roomBasement15' x 12'
BedroomBasement13' x 11'
Dining roomMain level9' x 8'
Living roomMain level17' x 12'
Full bathroomMain level12' x 9'
Primary BedroomMain level12' x 10'
BedroomMain level12' x 9'
BedroomBasement12' x 11'
KitchenMain level11' x 8'

Listing Information

MLS®
10379343
Listed
March 13, 2026
Time on market
On the market for 171 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Prime urban redevelopment opportunity in one of Kelowna’s most active growth corridors. This property is zoned UC5, Pandosy Urban Centre, supporting higher density residential, mixed-use development in a vibrant, walkable neighbourhood. Ideally located in the heart of the Pandosy corridor, the property is just steps from Mission Park Shopping Centre and within close proximity to major education and employment nodes including Okanagan College, Raymer Elementary School, Kelowna Secondary School, and KLO Middle School. Just minutes from the waterfront and some of Kelowna’s most popular recreation areas including Gyro Beach, Kinsmen Park, Abbott Park and the family friendly Pandosy Waterfront Park with its popular splash park. Surrounded by amenities, transit, schools, beaches, and employment hubs, this highly walkable location offers strong long term fundamentals in a neighbourhood experiencing significant redevelopment. A rare opportunity to secure land in one of Kelowna’s most desirable and strategically positioned urban centres. (id:63159)

Values & Trends

This listing

$774/sqft

Building average

No other active listings in this building

Kelowna South average

$755/sqft

80 active listing(s)

Parking: Not indicatedStorage 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

56

7/9 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
Raymer ElementaryElementary108 m
Kelowna SecondarySecondary714 m
KLO Middle SchoolMiddle953 m
Casorso ElementaryElementary1.4 km
A S Matheson ElementaryElementary1.5 km
St Joseph Elementary School(Independent)Elementary1.7 km
Immaculata Regional High School(Independent)Secondary1.8 km
Central School ProgramsK-121.9 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+)

  • Hector's Casa195 m
  • Chutney · 3011 Pandosy Street246 m
  • Soy249 m
  • Original Joe's250 m
  • The Canadian Brewhouse · 3030 Pandosy Street303 m

Cafes (5+)

  • The Marmalade Cat Cafe197 m
  • Bread Co.197 m
  • Blenz Coffee201 m
  • Bean scene232 m
  • Starbucks489 m

Grocery (3)

  • Lakview Market273 m
  • Urban Fare465 m
  • Save-On-Foods591 m

Parks (5+)

  • Osprey Park249 m
  • Abbott Park410 m
  • waterfront park522 m
  • Fascieux Creek Wetland556 m
  • West Avenue Beach Access595 m

Gyms (2)

  • Orangetheory Fitness · 590 K.L.O. Road277 m
  • The Athlete Den Training & Rehab Studio Inc. · 3320 Richter Street747 m

Pharmacies (1)

  • Pharmasave501 m

Banks & ATMs (3)

  • RBC Royal Bank326 m
  • TD358 m
  • BMO553 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($340,832) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,363,330.00
Periodic payment — Principal & Interest (monthly)$8,795.74
Additional monthly expenses (strata, tax, utilities, etc.)$616.72
Total monthly cost$9,412.46
Interest paid over 5-yr term$390,734.30
Balance at end of term$1,226,319.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$340,832
Stress test qualifying rate8.09%
Payment you must qualify for$10,483.53

Cash Needed at Closing

Minimum down payment$340,832
Estimated BC PTT$32,083
Legal / closing costs (typical estimate)$1,500
Total cash needed$374,416

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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