Property Type: Detached HouseOwnership: Freehold

410 Milton Road

Kelowna, BC V1X1W4

$1,440,000

5 bed2 bath1,811 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.21 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,914

Interior

Heating
See remarks
Fireplace
None

Room Dimensions

RoomLevelDimensions
Full bathroomBasement8' x 7'
BedroomBasement8' x 21'
KitchenBasement10' x 13'
Full bathroomMain level9' x 7'
KitchenMain level18'5'' x 9'
Primary BedroomBasement10' x 13'
BedroomBasement10' x 12'
BedroomMain level12' x 11'
BedroomMain level9' x 10'
Living roomMain level10' x 12'

Listing Information

MLS®
10384789
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

An exceptional development opportunity in the heart of Rutland! 400 & 410 Milton Road offer two side-by-side corner lots totaling approximately 18,294SF, ideally positioned adjacent to an elementary school. This development opportunity has strong potential for a multi-family project, with a conceptual layout supporting up to 13 townhomes. Located in a highly desirable and walkable neighbourhood, the properties are within close proximity to schools, parks, shopping, and key employment hubs making it an attractive location for future residents. The City of Kelowna has indicated support for MF2 rezoning, all details and development potential are to be verified by the buyer through their own due diligence. A prime opportunity for builders and investors to secure a well located site with excellent redevelopment potential in a growing community. Renderings are conceptual and for illustrative purposes only. (id:63159)

Values & Trends

This listing

$795/sqft

Building average

No other active listings in this building

Rutland South average

$414/sqft

43 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

12°C

Clear

Humidity 88%

Wind ENE 5 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

37

6/9 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 ElementaryElementary141 m
Belgo Elementary SchoolElementary861 m
Rutland Senior SecondaryElementary1.1 km
Rutland Middle SchoolMiddle1.3 km
Rutland ElementaryElementary1.3 km
Quigley ElementaryElementary1.6 km
Okanagan Christian School(Independent)K-121.7 km
Flex Academy(Independent)K-121.8 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

Restaurants (4)

  • Vancouver Pizza Kitchen · 225 Rutland Road South483 m
  • Alcatraz Chicken · 225 Rutland Road South483 m
  • Memphis Blues521 m
  • Fusion Food Lounge537 m

Cafes (2)

  • Starbucks514 m
  • Dosa Crepe Cafe · Gray Road535 m

Grocery (1)

  • Save-On-Foods693 m

Parks (5+)

  • Brighton Park265 m
  • Rutland Lions Park672 m
  • Belgo Park689 m
  • Roxby Square764 m
  • Rutland Centennial Park767 m

Pharmacies (1)

  • The Local Pharmacy · 225 Rutland Road South483 m

Banks & ATMs (4)

  • Interior Savings472 m
  • Basha Donair - Bitcoin Well ATM · 135 Rutland Road North522 m
  • First West Credit Union · 110 Highway 33 West583 m
  • TD773 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($119,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,152,000.00
Periodic payment — Principal & Interest (monthly)$7,432.31
Additional monthly expenses (strata, tax, utilities, etc.)$417.17
Total monthly cost$7,849.48
Interest paid over 5-yr term$330,166.51
Balance at end of term$1,036,227.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$119,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,158.03

Cash Needed at Closing

Minimum down payment$119,000
Estimated BC PTT$26,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$147,300

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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