Property Type: Detached HouseOwnership: Freehold

355 Mara Road

Kelowna, BC V1X2T1

$799,000

4 bed2 bath5 parking2,222 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.2 acres
Frontage
80 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,122.5

Interior

Basement
Full
Heating
See remarks, Hot Water
Fireplace
Yes (1)
Flooring
Tile, Laminate, Other

Exterior & Lot

Exterior features
Stucco, Wood siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Detached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Full bathroomBasement
BedroomBasement10'11'' x 11'8''
BedroomBasement11'0'' x 13'0''
Family roomBasement11'8'' x 15'8''
KitchenBasement11'7'' x 21'3''
Full bathroomMain level
DenMain level13'8'' x 11'6''
BedroomMain level11'7'' x 10'5''
Primary BedroomMain level11'8'' x 13'5''
KitchenMain level11'7'' x 12'3''
Dining roomMain level11'7'' x 9'5''
Living roomMain level12'2'' x 24'8''
FoyerMain level6'1'' x 10'7''

Listing Information

MLS®
10384205
Listed
April 21, 2026
Time on market
On the market for 132 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Great opportunity at the corner of Mara and Mugford. Suited home on a Large .20 acre MF1 zoned lot that is ideal to hold/develop/live. Mature neighbourhood and sleepy street with new developments nearby. Upstairs is a 2 bed/1Bath + Bonus Room that has private patio access and downstairs features a 2 bed 1 bath suite with its own entrance from the carport. Separate laundry in each unit. Large front and back yards including a storage shed. LOADS of parking along the side/front/carport. Owner has development plans/renderings available which include 4 units with their own attached garages. Awesome potential to develop townhomes facing Mugford. Very unique package - Bring your ideas! (id:63159)

Values & Trends

This listing

$360/sqft

Building average

No other active listings in this building

Rutland South average

$424/sqft

43 active listing(s)

Parking: 5 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

19

4/9 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 Rutland ElementaryElementary650 m
Rutland Senior SecondaryElementary696 m
Rutland ElementaryElementary700 m
Rutland Middle SchoolMiddle899 m
Belgo Elementary SchoolElementary1.4 km
Pearson Road ElementaryElementary1.8 km
Flex Academy(Independent)K-122.0 km
Quigley ElementaryElementary2.1 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 (1)

  • Memphis Blues742 m

Cafes (1)

  • Starbucks754 m

Parks (4)

  • Mugford Park208 m
  • Briarwood Park429 m
  • Brighton Park537 m
  • Rutland Recreation Park655 m

Banks & ATMs (1)

  • Basha Donair - Bitcoin Well ATM · 135 Rutland Road North745 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$454.54
Total monthly cost$4,578.44
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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