Property Type: Land / LotOwnership: Freehold

3504 Arrowroot Drive

Kelowna, BC V1V3G2

$1,495,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$50/mo
Annual property tax
$4,530.79

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water, View (panoramic)
Waterfront
Waterfront on lake

Listing Information

MLS®
10397645
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

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

Description

A rare opportunity to build your dream waterfront home in the beautiful community of McKinley Beach. Perfectly positioned beside green space, this exceptional lot offers added privacy with no neighbour on one side and direct access to the scenic trail leading down to the beach just steps away. Enjoy the ultimate Okanagan lifestyle with the marina within walking distance, where you can keep your boat, kayak, or paddleboard, plus swim docks for those perfect summer days on the lake. This generous, pool-sized lot offers incredible flexibility, allowing for a custom home of up to 5,000 sq. ft., with plenty of room for a triple car garage and a pool. McKinley Beach has fantastic resort-style amenities including a community centre with an indoor pool, outdoor hot tub, sauna, yoga studio, and a fully equipped gym, along with pickleball and tennis courts, community gardens, and endless hiking trails right outside your door. Close to the airport, UBC-O and still only 15 minutes to Kelowna, this location is really the best of both worlds, perfect for nature lovers and still a convenient distance for entertainment and amenities. The newly opened Azadi Winery, also within walking distance, adds to the unique charm of this lakeside community. Build your dream home and experience the perfect blend of nature, luxury, and recreation in one of Kelowna’s most sought-after lakefront neighbourhoods. (id:63159)

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
HS Grenda Middle SchoolMiddle5.7 km
George Elliot SecondarySecondary5.8 km
Peter Greer ElementaryElementary6.3 km
North Glenmore ElementaryElementary6.7 km
Aberdeen Hall Preparatory School(Independent)K-126.8 km
Davidson Road ElementaryElementary6.9 km
Dr Knox Middle SchoolMiddle7.4 km
Watson Road ElementaryElementary8.5 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: 8.3% ($124,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,196,000.00
Periodic payment — Principal & Interest (monthly)$7,716.19
Additional monthly expenses (strata, tax, utilities, etc.)$427.57
Total monthly cost$8,143.75
Interest paid over 5-yr term$342,777.04
Balance at end of term$1,075,805.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,538.67

Cash Needed at Closing

Minimum down payment$124,500
Estimated BC PTT$27,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,900

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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