Property Type: Land / LotOwnership: Freehold

4207 Russo Street Lot# 51

Kelowna, BC V1W0B6

$475,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres
Frontage
42 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,059.44

Interior

Fireplace
None

Listing Information

MLS®
10344230
Listed
April 21, 2025
Time on market
On the market for 497 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Build Your Dream Home in The Orchard in the Mission. Live in a vibrant new development, surrounded by spectacular new homes. This exceptional lot, located in the sought-after Phase 1B, is one of the largest available in The Orchard. With its generous size and ideal setback, you’ll have plenty of room to design a spacious home surrounded by a beautifully landscaped yard, complete with plenty of room for a pool—perfect for entertaining and creating your private oasis. The Orchard in The Mission is a thoughtfully planned 103-lot development nestled in Lower Mission, offering the best of family-friendly living. You’ll be just minutes from top-rated schools, the H2O Adventure + Fitness Centre, pristine lakefront parks, retail shops, and vibrant restaurants. Easy access to transit makes getting around a breeze. With no designated builder assigned to this lot, you have the freedom to bring your vision to life with a builder of your choice. Start your journey to crafting the perfect home today in one of the most desirable neighborhoods in Kelowna's Lower Mission. (id:63159)

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
Dorothea Walker ElementaryElementary633 m
de l'Anse-au-sableK-12803 m
Okanagan Mission SecondaryElementary1.4 km
Anne McClymont ElementaryElementary1.4 km
Bellevue Creek ElementaryElementary1.4 km
Lakeside School Kelowna(Independent)Elementary2.1 km
Casorso ElementaryElementary2.6 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 Park687 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$380,000.00
Periodic payment — Principal & Interest (monthly)$2,451.63
Additional monthly expenses (strata, tax, utilities, etc.)$171.62
Total monthly cost$2,623.25
Interest paid over 5-yr term$108,909.09
Balance at end of term$341,811.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.95

Cash Needed at Closing

Minimum down payment$23,750
Estimated BC PTT$7,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,750

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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