Property Type: DuplexOwnership: Freehold

369 Wallace Road

Kelowna, BC V1X4T4

$799,000

4 bed3 bath1 parking1,923 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.17 acres
Frontage
35 feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$3,604

Interior

Basement
Full
Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomBasement13'11'' x 10'7''
Dining roomBasement7'5'' x 11'11''
Living roomBasement10'10'' x 11'11''
KitchenBasement6'0'' x 11'11''
3pc BathroomBasement7'11'' x 5'4''
Dining roomMain level9'2'' x 14'6''
4pc BathroomMain level7'11'' x 4'11''
3pc Ensuite bathMain level10'2'' x 4'11''
BedroomMain level13'3'' x 10'9''
BedroomMain level11'10'' x 8'11''
Primary BedroomMain level13'11'' x 11'4''
KitchenMain level9'3'' x 8'11''
Living roomMain level14'3'' x 11'11''

Listing Information

MLS®
10389960
Listed
June 2, 2026
Time on market
On the market for 90 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Don't miss out—this one won't last! Ideally located and beautifully maintained, this spacious half duplex offers 4 bedrooms and 3 bathrooms, including a self-contained 1-bedroom in-law suite. The bright upper level features an open-concept floor plan with a welcoming living room that flows seamlessly into the dining area and kitchen. You'll also find 3 bedrooms and 2 full bathrooms upstairs. The lower level boasts an impressive main entry, single-car garage, laundry area, and a 1-bedroom, 1-bath in-law suite complete with its own kitchen and dining area—perfect for extended family, guests, or mortgage-helping rental income. Step outside to enjoy the large fenced backyard, ideal for children and pets, with a garden area and plenty of parking on the property. Conveniently located within walking distance to schools, city transit, parks, the YMCA, ice rink, BMX track, Boys & Girls Club, and more. Just minutes from University of British Columbia Okanagan. A fantastic family home and investment opportunity in a highly desirable location—schedule your viewing today! (id:63159)

Values & Trends

This listing

$415/sqft

Building average

No other active listings in this building

Rutland North average

$384/sqft

8 active listing(s)

Parking: 1 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

7

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
Rutland ElementaryElementary858 m
Rutland Middle SchoolMiddle873 m
Rutland Senior SecondaryElementary939 m
Pearson Road ElementaryElementary1.5 km
South Rutland ElementaryElementary2.0 km
Flex Academy(Independent)K-122.3 km
Kelowna Arts Academy(Independent)K-122.5 km
Belgo Elementary SchoolElementary2.6 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 (4)

  • Sumac Park248 m
  • Edith Gay Park319 m
  • Wigglesworth Park370 m
  • Harris Park691 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.)$396.33
Total monthly cost$4,520.23
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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