Property Type: Detached HouseOwnership: Freehold

3090 HOLLAND Road

Kelowna, BC V1W3P8

$2,600,000

2 bed1 bath1,176 sqftBuilt 1966
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.31 acres
Frontage
133 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,871

Interior

Heating
Baseboard heaters
Cooling / A/C
See Remarks
Fireplace
None

Parking

Features
Carport

Room Dimensions

RoomLevelDimensions
Full bathroomMain level8'0'' x 8'0''
Laundry roomMain level8'0'' x 12'0''
BedroomMain level13'0'' x 12'0''
Primary BedroomMain level13'0'' x 12'0''
Living roomMain level14'0'' x 14'0''
KitchenMain level12'0'' x 12'0''

Listing Information

MLS®
10386480
Listed
May 11, 2026
Time on market
On the market for 112 days
Data last synced
August 28, 2026

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

Description

MF3 DEVELOPMENT OPPORTUNITY IN TRANSIT CORRIDOR – (KLO AREA) Excellent opportunity to acquire a multi-family, multi-story development site in Kelowna’s rapidly evolving KLO Rd corridor. This property has already achieved MF3 zoning, allowing for near-term development potential in a high-demand rental and residential market. Situated within a designated transit supportive corridor, the site benefits from progressive planning policies supporting increased density and more flexible parking requirements (buyer to verify with City of Kelowna). FAR of 2.05 for residential development - and utilizing the available rental bonus, an FAR of up to 2.35 is achievable. In conjunction with the neighboring MF3-zoned lot, and the addition of an adjacent third property on Holland road, (that the City will support rezoning to MF3) there is a significant increase in the overall development area to 0.98 acres. The assembly is located in an area experiencing strong redevelopment momentum, with excellent proximity to transit, amenities, schools and major transportation routes. The existing homes also provide holding income while development plans are advanced. This property can only be purchased in conjunction with both 1240 KLO Road, and 3080 Holland Road, as a land assembly. (id:63159)

Values & Trends

This listing

$2,211/sqft

Building average

No other active listings in this building

Kelowna South average

$737/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

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
KLO Middle SchoolMiddle319 m
Kelowna SecondarySecondary526 m
Immaculata Regional High School(Independent)Secondary580 m
Kelowna Christian School(Independent)K-121.1 km
Casorso ElementaryElementary1.1 km
Raymer ElementaryElementary1.3 km
A S Matheson ElementaryElementary1.7 km
St Joseph Elementary School(Independent)Elementary2.2 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 (1)

  • Unnamed463 m

Parks (3)

  • KLO Sports Field445 m
  • Mappin Court Park643 m
  • Windermere Park727 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($520,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,080,000.00
Periodic payment — Principal & Interest (monthly)$13,419.45
Additional monthly expenses (strata, tax, utilities, etc.)$381.58
Total monthly cost$13,801.04
Interest paid over 5-yr term$596,133.98
Balance at end of term$1,870,966.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$520,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,994.47

Cash Needed at Closing

Minimum down payment$520,000
Estimated BC PTT$56,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,500

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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