Property Type: Detached HouseOwnership: Freehold

3525 Mathews Road

Kelowna, BC V1W4C6

$799,900

3 bed1 bath1,367 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
2.15 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,085.72

Interior

Heating
Baseboard heaters, Stove, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Other

Parking

Features
Other, Additional Parking

Room Dimensions

RoomLevelDimensions
WorkshopMain level21'10'' x 12'9''
Laundry roomMain level6'11'' x 5'1''
Dining roomMain level15'10'' x 14'
BedroomMain level10' x 9'7''
BedroomMain level9'7'' x 10'1''
Living roomMain level17'10'' x 15'8''
Primary BedroomMain level20'4'' x 15'8''
Full bathroomMain level8'1'' x 5'6''
KitchenMain level8'6'' x 9'2''

Listing Information

MLS®
10381907
Listed
April 2, 2026
Time on market
On the market for 151 days
Data last synced
August 28, 2026

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

Description

Rare Acreage Opportunity! Opportunities to secure small acreages in this coveted area are becoming increasingly rare. The property is wrapped in its own natural greenspace, characterized by gentle rolling hills that provide both a beautiful visual backdrop and a natural buffer from the outside world. If you have been searching for an extremely quiet, majestic setting to call your own, this is it. The property currently features an older home that sits at a crossroads. For most, the ""best use"" of this land will be to clear the site and design a custom estate that matches the majesty of the surroundings. While the property is addressed off Mathews Road, there is potential to establish access off Goodison Road, allowing you to site a new beautiful home at the highest point of the acreage. For the adventurous soul, there is a possibility of renovating the existing structure. However, it would require a deep passion for restoration and a significant commitment to bring it back to life. Located within the Agricultural Land Reserve (ALR) and zoned A1 (Agriculture), the primary purpose of this land is to support and preserve farming. However, the A1 designation is remarkably versatile. Beyond traditional crops, the zoning supports a variety of ""farm-adjacent"" and secondary uses that can turn this property into a lifestyle estate, including stables, bed and breakfast, cannabis cultivation, and alcohol production facility. Or build a large shop for the hobby enthusiast! (id:63159)

Values & Trends

This listing

$585/sqft

Building average

No other active listings in this building

South East Kelowna average

$557/sqft

47 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

4

1/9 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
South Kelowna ElementaryElementary1.5 km
Okanagan Montessori Elementary School(Independent)Elementary4.3 km
Canyon Falls Middle SchoolMiddle5.3 km
Kelowna Christian School(Independent)K-125.4 km
Okanagan Christian School(Independent)K-125.4 km
Bellevue Creek ElementaryElementary5.6 km
Immaculata Regional High School(Independent)Secondary5.6 km
Dorothea Walker ElementaryElementary5.8 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

Parks (1)

  • Luxmoore Linear Park586 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (strata, tax, utilities, etc.)$491.81
Total monthly cost$4,620.36
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.10

Cash Needed at Closing

Minimum down payment$54,990
Estimated BC PTT$13,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,488

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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