Property Type: Detached HouseOwnership: Freehold

338 Burne Avenue

Kelowna, BC V1Y5P1

$2,499,950

5 bed4 bath4 parking3,035 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Stories
1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,358.52

Interior

Basement
Full
Heating
Forced air, See remarks, Other
Cooling / A/C
Central air conditioning, See Remarks
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Concrete, Tile, Hardwood

Exterior & Lot

Exterior features
Stucco, Metal, Other

Building

Roof
Other, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement4'5'' x 11'1''
OtherBasement3' x 11'
Full bathroomAdditional Accommodation4'11'' x 9'4''
Primary BedroomAdditional Accommodation10'6'' x 10'7''
KitchenAdditional Accommodation9'7'' x 13'
Living roomAdditional Accommodation10' x 13'0''
4pc BathroomBasement7'6'' x 5'7''
Mud roomBasement4'4'' x 9'0''
Laundry roomBasement6' x 8'11''
FoyerBasement11'4'' x 10'9''
BedroomBasement10'9'' x 10'7''
BedroomBasement9'3'' x 9'6''
Recreation roomBasement14'7'' x 18'
BedroomMain level10'3'' x 13'1''
Full bathroomMain level6'6'' x 8'2''
Full ensuite bathroomMain level9'7'' x 16'3''
Primary BedroomMain level13'3'' x 13'
OtherMain level4'6'' x 9'6''
PantryMain level11'9'' x 4'8''
Laundry roomMain level5'6'' x 6'5''
KitchenMain level9'7'' x 16'3''
Dining roomMain level13' x 14'
Living roomMain level15' x 17'

Listing Information

MLS®
10385397
Listed
April 30, 2026
Time on market
On the market for 123 days
Data last synced
August 28, 2026

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

Description

If you’ve been searching for a refined home that blends modern comfort with the Okanagan lifestyle, this 4-bdrm, 3-bath residence with a 1-bdrm, 1-bath suite offers exceptional versatility in a coveted lakeside setting. Perfectly located just steps from Okanagan Lake, set just 100 ft off the Abbott St corridor on a short, very low-traffic side street, one block north of Cadder Avenue, you’re a 90-second stroll to Burne Avenue Beach and moments from the hospital, downtown cafes, Strathcona Park, and multiple beaches. Inside, the home features wide-plank white oak floors, two fireplaces, and a calm, refined design throughout. The spa-inspired ensuite includes heated tile floors, a double vanity, freestanding tub, and fully tiled walk-in shower. Heated concrete floors, hydronic forced-air heating, Central A/C, and on-demand hot water. The home has been lifted and expanded with a new basement, renewing all major components. With 13 appliances, quartz throughout, and two spacious decks, it is designed for seamless indoor-outdoor living. A low-maintenance fenced yard with irrigation adds ease, while lane access leads to an attached 2-car garage with roughed-in EV charging and RV parking. A rare quiet area in one of Kelowna’s most desirable lake-adjacent neighbourhoods blending lifestyle, and sophistication. This home is NOT in the area that allows for 6 storey apartments. Great location to use the Suite for AirBnB as in this area it could go for $300-$ 400 per night. (id:63159)

Values & Trends

This listing

$824/sqft

Building average

No other active listings in this building

Kelowna South average

$754/sqft

80 active listing(s)

Parking: 4 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

33

5/9 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
Central School ProgramsK-12789 m
Central SecondarySecondary789 m
St Joseph Elementary School(Independent)Elementary833 m
A S Matheson ElementaryElementary1.3 km
Raymer ElementaryElementary1.4 km
The Balsam School(Independent)Elementary1.6 km
Kelowna SecondarySecondary1.9 km
Bankhead ElementaryElementary2.4 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 (4)

  • Tamm Mexican Restaurant · 430 Harvey Avenue725 m
  • Boston Pizza · 545 Harvey Avenue738 m
  • West Coast Grill & Oyster Bar753 m
  • Pilgrim & Pearl755 m

Cafes (1)

  • Abbott St. Cafe406 m

Parks (5+)

  • Burne Avenue Beach Access135 m
  • Cadder Avenue Beach Access166 m
  • Beach Avenue Beach Access260 m
  • Royal Avenue Beach Access356 m
  • Vimy Avenue Beach Access375 m

Pharmacies (2)

  • Remedy'sRx478 m
  • Pharmasave689 m

Banks & ATMs (1)

  • RBC Royal Bank793 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,960.00
Periodic payment — Principal & Interest (monthly)$12,903.06
Additional monthly expenses (strata, tax, utilities, etc.)$681.88
Total monthly cost$13,584.94
Interest paid over 5-yr term$573,194.28
Balance at end of term$1,798,970.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,990
Stress test qualifying rate8.09%
Payment you must qualify for$15,378.99

Cash Needed at Closing

Minimum down payment$499,990
Estimated BC PTT$52,999
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,489

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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