285-295 Rutland Road N
Kelowna, BC V1X3B1
$1,999,800
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.21 acres
- Frontage
- 60 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,801
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10388905
- Listed
- May 27, 2026
- Time on market
- On the market for 96 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.
Description
Investor / Developer Alert — Rare Rutland Urban Centre Land Assembly Opportunity A rare opportunity to acquire a contiguous 2-lot land assembly totaling approximately 0.41 acres in the heart of Kelowna’s rapidly evolving Rutland Urban Centre. Zoned UC4, this prime development site supports high-density mixed-use or multi-family development in alignment with the City of Kelowna’s Official Community Plan. With an approximate FAR of 2.25 (buyer to verify), the property offers substantial redevelopment potential in one of Kelowna’s designated growth corridors. Ideally positioned directly beside the Rutland Transit Exchange, the site presents exceptional transit-oriented development opportunities with outstanding walkability and connectivity. The assembly features strong frontage along Rutland Road N and convenient rear lane access, allowing for efficient future site planning and development configuration. The two existing homes are currently tenanted, providing valuable holding income while redevelopment plans are underway. Centrally located just minutes from University of British Columbia Okanagan, Kelowna International Airport, shopping centres, schools, parks, and major amenities. Addresses: 285 & 295 Rutland Road N, Kelowna, BC An exceptional opportunity to secure scale, location, and long-term upside in one of Kelowna’s fastest-growing urban nodes. (id:63159)
Location Insights
Weather
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
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
48
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 |
|---|---|---|
| South Rutland Elementary | Elementary | 585 m |
| Rutland Senior Secondary | Elementary | 627 m |
| Rutland Middle School | Middle | 707 m |
| Belgo Elementary School | Elementary | 1.1 km |
| Rutland Elementary | Elementary | 1.1 km |
| Pearson Road Elementary | Elementary | 1.2 km |
| Flex Academy(Independent) | K-12 | 1.3 km |
| Quigley Elementary | Elementary | 1.6 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
Restaurants (5+)
- Memphis Blues250 m
- Fusion Food Lounge376 m
- Jaide & Joel's Baking Company · 555 Montgomery Road431 m
- Alcatraz Chicken · 225 Rutland Road South459 m
- Vancouver Pizza Kitchen · 225 Rutland Road South488 m
Cafes (2)
- Starbucks271 m
- Dosa Crepe Cafe · Gray Road386 m
Grocery (2)
- Save-On-Foods417 m
- IGA770 m
Parks (5+)
- Rutland Centennial Park117 m
- Roxby Square355 m
- Briarwood Park432 m
- Rutland Lions Park561 m
- Rutland Bluff Linear Park574 m
Pharmacies (3)
- The Local Pharmacy · 225 Rutland Road South480 m
- Shoppers Drug Mart529 m
- Paragon799 m
Banks & ATMs (4)
- Basha Donair - Bitcoin Well ATM · 135 Rutland Road North253 m
- First West Credit Union · 110 Highway 33 West269 m
- Interior Savings434 m
- TD442 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,960) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
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.