Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

3983 Lakevale Place

Kelowna, BC V1W3Z5

$1,350,000

6 bed3 bath3 parking3,553 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.46 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,149.98

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning, See Remarks
Fireplace
Yes (2)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

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

Room Dimensions

RoomLevelDimensions
LoftSecond level20'5'' x 11'9''
StorageBasement15'6'' x 12'4''
OtherBasement20'5'' x 10'8''
BedroomBasement13'3'' x 11'6''
3pc BathroomBasement6'1'' x 10'3''
BedroomBasement19'5'' x 10'6''
BedroomBasement17'4'' x 10'8''
OtherBasement6'10'' x 10'3''
Family roomBasement24'10'' x 10'3''
Recreation roomBasement21'11'' x 12'11''
OtherMain level8'7'' x 7'0''
BedroomMain level10'8'' x 9'11''
OtherMain level10'5'' x 11'3''
3pc BathroomMain level9'3'' x 5'7''
BedroomMain level10'4'' x 9'11''
OtherMain level6'6'' x 5'11''
3pc Ensuite bathMain level10'5'' x 5'11''
Primary BedroomMain level18'9'' x 15'3''
KitchenMain level22'8'' x 10'9''
Living roomMain level16'11'' x 13'1''
Dining roomMain level11'8'' x 12'2''
Family roomMain level17'8'' x 13'0''
FoyerMain level11'11'' x 10'10''

Listing Information

MLS®
10398486
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

Big on space, flexibility, and future plans, this 6-bedroom, 3-bathroom home offers 3,553 feet of room to live, work, and grow. Set on a large corner lot in a quiet Southeast Kelowna neighbourhood, the property provides the kind of space families appreciate at every stage of life. The generous layout gives everyone room to spread out, while the lot offers plenty of opportunity for outdoor enjoyment and future plans. A heated shop adds valuable workspace for hobbies, projects, storage, or simply having a place where your tools can live their best life. RV parking is another practical bonus for those who like to travel or need additional vehicle space. Enjoy the peaceful surroundings while remaining just a short drive from town and everyday amenities. If you are looking for a home that can grow with your family, this one deserves a closer look. (id:63159)

Values & Trends

This listing

$380/sqft

Building average

No other active listings in this building

South East Kelowna average

$561/sqft

47 active listing(s)

Parking: 3 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

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 ElementaryElementary2.3 km
Okanagan Montessori Elementary School(Independent)Elementary3.3 km
Okanagan Christian School(Independent)K-124.3 km
Black Mountain ElementaryElementary4.4 km
Quigley ElementaryElementary4.7 km
Belgo Elementary SchoolElementary4.9 km
Springvalley ElementaryElementary5.4 km
Kelowna Christian School(Independent)K-125.5 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.

Nearby Places

Parks (1)

  • Summerside Park558 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($110,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,080,000.00
Periodic payment — Principal & Interest (monthly)$6,967.79
Additional monthly expenses (strata, tax, utilities, etc.)$773.83
Total monthly cost$7,741.63
Interest paid over 5-yr term$309,531.10
Balance at end of term$971,463.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$110,000
Estimated BC PTT$25,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,500

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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