Property Type: Detached HouseOwnership: Freehold

2845 Bouvette Street

Kelowna, BC V1W4J1

$1,189,188

4 bed3 bath1 parking2,496 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,509.32

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Living roomMain level13'6'' x 11'10''
Full bathroomMain level
BedroomMain level9'2'' x 11'
BedroomMain level11' x 13'5''
KitchenAdditional Accommodation13' x 14'
4pc BathroomSecond level
4pc Ensuite bathSecond level5' x 6'
BedroomSecond level13'6'' x 19'9''
Dining roomSecond level12' x 12'
Primary BedroomSecond level11'6'' x 12'7''
Living roomSecond level13'5'' x 14'6''
KitchenSecond level7' x 12'

Listing Information

MLS®
10347211
Listed
May 9, 2025
Time on market
On the market for 479 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

NEW USE and ZONING change to UC5 for this Colossal Development Opportunity! With PHASE 1 in the OKANAGAN COLLEGE TOA (Transit Oriented Area), PHASES 2 and 3 on a TRANSIT SUPPORTIVE CORRIDOR, this LAND ASSEMBLY offers a total potential of 4.331 acres or 188,658.36 sq ft of land! Each phase is now UC5, allowing 6 storey mixed use. The total Assembly has a combined FAR of 380,017.44 sellable sq ft and up to 474,346.62 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $37,694,225 PLS NOTE: 2845 Bouvette Street is in PHASE 3 and there is the option to purchase PHASE 3 only, up to 1.498 acres or 65,252.88 sq ft. At 1.8 FAR, there is a potential 117,455.18 sellable sq ft and up to 150,081.62 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $12,724,500 Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Flat site, easy to build, with exceptional exposure on Gordon Dr and excellent access off Bouvette St and Lowe Ct. Buyers to do own due diligence on intended use, both municipally and provincially. Some lots not listed. (id:63159)

Values & Trends

This listing

$476/sqft

Building average

No other active listings in this building

Kelowna South average

$758/sqft

80 active listing(s)

Parking: 1 stall(s) includedStorage 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

15

2/9 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
Kelowna SecondarySecondary211 m
KLO Middle SchoolMiddle457 m
Immaculata Regional High School(Independent)Secondary875 m
Raymer ElementaryElementary984 m
Kelowna Christian School(Independent)K-121.3 km
A S Matheson ElementaryElementary1.3 km
Casorso ElementaryElementary1.3 km
St Joseph Elementary School(Independent)Elementary1.8 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 (2)

  • Unnamed308 m
  • Unnamed756 m

Parks (2)

  • Mappin Court Park256 m
  • KLO Sports Field702 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($93,919) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$951,350.00
Periodic payment — Principal & Interest (monthly)$6,137.79
Additional monthly expenses (strata, tax, utilities, etc.)$500.78
Total monthly cost$6,638.56
Interest paid over 5-yr term$272,659.64
Balance at end of term$855,742.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$93,919
Stress test qualifying rate8.09%
Payment you must qualify for$8,422.24

Cash Needed at Closing

Minimum down payment$93,919
Estimated BC PTT$21,784
Legal / closing costs (typical estimate)$1,500
Total cash needed$117,203

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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