Property Type: Detached HouseOwnership: Freehold

345 Poplar Point Drive

Kelowna, BC V1Y1Y2

$1,175,000

3 bed2 bath1,524 sqftBuilt 1954
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.57 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,728

Interior

Basement
Full
Heating
Electric
Fireplace
None
Flooring
Mixed Flooring

Exterior & Lot

View
Lake view

Room Dimensions

RoomLevelDimensions
Dining roomMain level6' x 6'9''
FoyerMain level5'7'' x 6'8''
4pc BathroomBasement
4pc BathroomMain level
BedroomBasement18' x 11'
BedroomBasement11'2'' x 12'7''
Primary BedroomMain level8'4'' x 11'
Living roomMain level12' x 23'3''
KitchenMain level8'10'' x 8'3''

Listing Information

MLS®
10392832
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Desirable Poplar Point! A rare opportunity to secure one of Kelowna's most sought-after properties. Set on a spectacular 0.57-acre hillside lot, this property captures stunning 180; panoramic lake views and offers endless potential to create an exceptional custom residence. The existing home provides approximately 1,524 sq. ft. of living space that could be brought back to its former glory, but the true value lies in the extraordinary location and irreplaceable lot. Enjoys incredible views from the upper portion of the lot while offering a premier setting for future redevelopment. Enjoy the ultimate Okanagan lifestyle with beaches just steps away, Knox Mountain's renowned trail network at your doorstep, and downtown Kelowna only minutes away. Minutes away to the Brewery and Cultural Districts, Prospera Place, restaurants and shopping. Large view lots in Poplar Point rarely come to market, making this an exceptional opportunity for builders, investors, or anyone looking to build their dream home in one of Kelowna's most prestigious neighbourhoods. The property is offered and sold strictly on an ""as is, where is"" basis. (id:63159)

Values & Trends

This listing

$771/sqft

Building average

No other active listings in this building

Kelowna North average

$747/sqft

28 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.

Nearby Schools

SchoolTypeDistance
The Balsam School(Independent)Elementary2.2 km
Bankhead ElementaryElementary2.8 km
Glenmore ElementaryElementary3.2 km
Watson Road ElementaryElementary3.3 km
Central SecondarySecondary3.4 km
Central School ProgramsK-123.4 km
St Joseph Elementary School(Independent)Elementary3.7 km
A S Matheson ElementaryElementary4.2 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$553.33
Total monthly cost$6,617.89
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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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