Property Type: Detached HouseOwnership: Freehold

4198 Russo Street

Kelowna, BC V1W0B6

$1,349,900

4 bed3.5 bath4 parking2,905 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,265.42

Interior

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

Exterior & Lot

Exterior features
Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Street

Room Dimensions

RoomLevelDimensions
OtherMain level21'5'' x 20'6''
StorageSecond level5'1'' x 7'3''
Family roomSecond level15'8'' x 16'5''
OtherSecond level8'2'' x 10'7''
BedroomSecond level14'6'' x 13'
Full bathroomSecond level8'1'' x 9'1''
Laundry roomSecond level6'5'' x 8'10''
5pc Ensuite bathSecond level12'8'' x 18'7''
BedroomSecond level12'2'' x 13'
Primary BedroomSecond level17'5'' x 13'
Mud roomMain level5'4'' x 10'11''
Utility roomMain level7'9'' x 9'1''
BedroomMain level9'6'' x 10'8''
Partial bathroomMain level5'9'' x 4'11''
FoyerMain level8'8'' x 9'
Living roomMain level15'8'' x 17'
Dining roomMain level11'4'' x 17'10''
KitchenMain level12'6'' x 22'4''

Listing Information

MLS®
10397057
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.

Description

A rare opportunity to own a newer home in the Lower Mission without the GST — or the wait to build! Located in The Orchard, one of the area’s few newer neighbourhoods, this nearly-new Gibson Homes residence offers a fantastic combination of location, modern construction and thoughtfully customized living space. The main level features a modern kitchen, open concept dining and living areas with gas fireplace, a custom dry bar, dedicated office, powder room and custom mudroom with excellent storage. Outside, enjoy a screened covered deck for added shade and privacy, plus an easy-care backyard finished with synthetic lawn. Upstairs are 3 bedrooms, 2 full bathrooms, laundry and a huge bonus room that can easily adapt as a playroom, media room, additional family room or whatever suits your lifestyle. The luxurious primary suite features remote-controlled blinds, a large walk-in closet and ensuite with heated tile floors and dual vanity. The two additional bedrooms have custom blackout blinds and share a spacious 5-piece bath with double vanity. This home has all the right updates, making it practical and beautiful. Exceptional interior storage and an EV-ready double garage complete the package. All just minutes from schools, transit, H2O, DeHart Park, beaches and everything the Lower Mission has to offer. For buyers wanting newer construction in this sought-after location, this lovely home offers class combined with an excellent use of space. (id:63159)

Values & Trends

This listing

$465/sqft

Building average

No other active listings in this building

Lower Mission average

$703/sqft

94 active listing(s)

Parking: 4 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

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

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
Dorothea Walker ElementaryElementary617 m
de l'Anse-au-sableK-12768 m
Okanagan Mission SecondaryElementary1.4 km
Anne McClymont ElementaryElementary1.4 km
Bellevue Creek ElementaryElementary1.4 km
Lakeside School Kelowna(Independent)Elementary2.1 km
Casorso ElementaryElementary2.5 km
Canyon Falls Middle SchoolMiddle2.9 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)

  • Thomson Marsh Park665 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,079,920.00
Periodic payment — Principal & Interest (monthly)$6,967.28
Additional monthly expenses (strata, tax, utilities, etc.)$667.12
Total monthly cost$7,634.40
Interest paid over 5-yr term$309,508.18
Balance at end of term$971,391.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,534.47

Cash Needed at Closing

Minimum down payment$109,990
Estimated BC PTT$24,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,488

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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