Property Type: Detached HouseOwnership: Freehold

348 Burne Avenue

Kelowna, BC V1Y5P1

$975,000

3 bed1 bath4 parking1,475 sqftBuilt 1954
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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
$5,995.79

Interior

Heating
Forced air
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Tile, Vinyl, Wood

Building

Roof
Other, Unknown

Parking

Total spaces
4 — covered indicated
Features
Carport, Street, Additional Parking

Room Dimensions

RoomLevelDimensions
StorageMain level4'9'' x 9'11''
Utility roomMain level3'7'' x 4'4''
BedroomMain level10'6'' x 10'5''
BedroomMain level12'3'' x 10'
Primary BedroomMain level14' x 12'3''
4pc BathroomMain level
Laundry roomMain level5'10'' x 5'9''
Dining roomMain level10'10'' x 14'1''
Living roomMain level20'7'' x 15'4''
KitchenMain level10'3'' x 12'7''

Listing Information

MLS®
10391202
Listed
June 12, 2026
Time on market
On the market for 80 days
Data last synced
August 28, 2026

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

Description

This 1954 3 bedroom, 1 bathroom mid-century modern showcases clean lines, expansive windows, and architectural character that define the era, this home is ready for a new owner to restore, renovate, or reimagine it into something truly special. The functional layout, abundant natural light, and connection to the surrounding landscape provide the perfect foundation for a stunning modern transformation. Nestled on a mature lot surrounded by established and new homes, this property offers the lifestyle buyers dream about. Walkable, vibrant, and close to everything that makes Kelowna living so desirable. Whether you're a mid-century enthusiast, an investor, or someone searching for a premium location to create your forever home, 348 Burne Avenue presents an exceptional opportunity to add value in one of the city's most sought-after neighbourhoods and steps from the lake. Assessed at $1,210,000. Some photos have been digitally altered. (id:63159)

Values & Trends

This listing

$661/sqft

Building average

No other active listings in this building

Kelowna South average

$756/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-12771 m
Central SecondarySecondary771 m
St Joseph Elementary School(Independent)Elementary815 m
A S Matheson ElementaryElementary1.3 km
Raymer ElementaryElementary1.4 km
The Balsam School(Independent)Elementary1.6 km
Kelowna SecondarySecondary1.9 km
Bankhead ElementaryElementary2.3 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 Avenue718 m
  • Boston Pizza · 545 Harvey Avenue726 m
  • West Coast Grill & Oyster Bar754 m
  • Pilgrim & Pearl756 m

Cafes (1)

  • Abbott St. Cafe415 m

Parks (5+)

  • Burne Avenue Beach Access153 m
  • Cadder Avenue Beach Access182 m
  • Beach Avenue Beach Access274 m
  • Royal Avenue Beach Access369 m
  • Vimy Avenue Beach Access388 m

Pharmacies (2)

  • Remedy'sRx474 m
  • Pharmasave679 m

Banks & ATMs (1)

  • RBC Royal Bank784 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$780,000.00
Periodic payment — Principal & Interest (monthly)$5,032.30
Additional monthly expenses (strata, tax, utilities, etc.)$573.65
Total monthly cost$5,605.94
Interest paid over 5-yr term$223,550.24
Balance at end of term$701,612.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,939.91

Cash Needed at Closing

Minimum down payment$72,500
Estimated BC PTT$17,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,500

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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