Property Type: Detached HouseOwnership: Freehold

2855 Bouvette Street

Kelowna, BC V1Y3K5

$1,051,974

3 bed2 bath6 parking1,989 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,353.59

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Flooring
Carpeted, Wood

Exterior & Lot

Exterior features
Stucco, Cedar Siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
6 — uncovered indicated
Features
Street

Room Dimensions

RoomLevelDimensions
Dining roomMain level9'0'' x 10'0''
Full bathroomLower level
BedroomAdditional Accommodation11'0'' x 12'0''
Living roomAdditional Accommodation11'0'' x 12'0''
KitchenAdditional Accommodation10'0'' x 13'0''
FoyerLower level7'0'' x 13'0''
Family roomMain level11'0'' x 12'0''
Full bathroomMain level
BedroomMain level8'0'' x 13'0''
Primary BedroomMain level12'0'' x 13'0''
Living roomMain level17'0'' x 12'0''
KitchenMain level9'0'' x 10'0''

Listing Information

MLS®
10382817
Listed
May 6, 2026
Time on market
On the market for 117 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.

Description

2855 Bouvette Street is part of a rare UC5 land assembly in one of Kelowna’s most active redevelopment corridors, with several properties located within the Okanagan College Transit Oriented Area (TOA) and the balance along a designated Transit Supportive Corridor. The broader assembly is approximately 4 acres, offering significant scale for mixed-use or purpose-built rental development in a high-demand location. Indicative pricing is expected in the range of $169–$199 per land sq ft depending on configuration, timing and overall acquisition scope. UC5 zoning supports up to 6-storey development, with density varying by location and potential for increased yield through bonus provisions. Based on a blended scenario, the assembly may support approximately 350,000 sq ft buildable with potential upside to approximately 435,000+ sq ft (buyer to verify). Flat, efficient site with strong frontage along Gordon Drive and multiple access points via Bouvette St and Lowe Ct, supporting practical site planning and construction. Walkable to transit, Okanagan College, schools, shopping, beaches, Kelowna General Hospital and key amenities, reinforcing long-term rental and mixed-use viability. Property may be acquired individually or assembled. Some properties not listed. Buyers to verify all development potential and intended use. (id:63159)

Values & Trends

This listing

$529/sqft

Building average

No other active listings in this building

Kelowna South average

$758/sqft

80 active listing(s)

Parking: 6 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

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

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 SecondarySecondary214 m
KLO Middle SchoolMiddle440 m
Immaculata Regional High School(Independent)Secondary864 m
Raymer ElementaryElementary989 m
Kelowna Christian School(Independent)K-121.3 km
Casorso ElementaryElementary1.3 km
A S Matheson ElementaryElementary1.3 km
St Joseph Elementary School(Independent)Elementary1.9 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 (2)

  • Unnamed299 m
  • Unnamed775 m

Parks (2)

  • Mappin Court Park270 m
  • KLO Sports Field692 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,197) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$841,579.00
Periodic payment — Principal & Interest (monthly)$5,429.58
Additional monthly expenses (strata, tax, utilities, etc.)$461.80
Total monthly cost$5,891.38
Interest paid over 5-yr term$241,198.96
Balance at end of term$757,003.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,197
Stress test qualifying rate8.09%
Payment you must qualify for$7,472.62

Cash Needed at Closing

Minimum down payment$80,197
Estimated BC PTT$19,039
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,737

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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