424 Newsom Avenue
Kelowna, BC V1Y4Y2
$1,795,000
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
- $3,657
Interior
- Heating
- Forced air
- Cooling / A/C
- Wall unit
- Fireplace
- None
Exterior & Lot
- Pool
- Pool, Inground pool, Outdoor pool
Parking
- Features
- Other, Street, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Ensuite bath | Second level | 8' x 11' |
| Bedroom | Second level | 10'4'' x 19'5'' |
| Bedroom | Second level | 10'4'' x 15' |
| 3pc Bathroom | Main level | 6'3'' x 7'10'' |
| Living room | Main level | 15' x 23'9'' |
| Kitchen | Main level | 10'3'' x 14' |
| 4pc Bathroom | Second level | 7' x 7'6'' |
| Primary Bedroom | Second level | 11'5'' x 19'5'' |
| Bedroom | Second level | 10'4'' x 15'6'' |
| Dining nook | Main level | 6' x 11' |
| Family room | Main level | 15' x 19' |
| Dining room | Main level | 9' x 13'8'' |
Listing Information
- MLS®
- 10396885
- Listed
- August 12, 2026
- Time on market
- On the market for 19 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
A rare opportunity to acquire a prime development site in the heart of Kelowna's South Pandosy Urban Centre. Zoned UC5, this 6,044 sq ft lot (79 x 76.5 ft) with laneway access is surrounded by new construction on all sides, with several neighbouring parcels already cleared and shovel ready, a clear signal of where this corridor is heading. UC5 zoning permits mixed-use development up to 8 storeys as of right, with density bonusing available up to 11 storeys. No rezoning required. The City of Kelowna has identified this node as a primary growth area under the 2040 OCP, making this an exceptionally well positioned holding for any developer or investor looking to enter one of BC's most active mid-size urban markets. Steps to Okanagan Lake, the Pandosy Village commercial strip, Kelowna General Hospital, and transit. The existing two storey home with pool generates income while you plan. Hold, assemble, or build. Land assembly potential exists with neighbouring properties. Opportunities like this in an established urban centre with this level of surrounding development activity are increasingly rare. (id:63159)
Values & Trends
This listing
$651/sqft
Building average
—
No other active listings in this building
Kelowna South average
$756/sqft
80 active listing(s)
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
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
67
7/9 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
| School | Type | Distance |
|---|---|---|
| Raymer Elementary | Elementary | 390 m |
| Kelowna Secondary | Secondary | 1.1 km |
| KLO Middle School | Middle | 1.3 km |
| Casorso Elementary | Elementary | 1.5 km |
| A S Matheson Elementary | Elementary | 1.8 km |
| St Joseph Elementary School(Independent) | Elementary | 1.9 km |
| Central School Programs | K-12 | 2.1 km |
| Central Secondary | Secondary | 2.1 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 (5+)
- The Canadian Brewhouse · 3030 Pandosy Street163 m
- Soy192 m
- Chutney · 3011 Pandosy Street196 m
- Hector's Casa236 m
- Original Joe's271 m
Cafes (5+)
- Bean scene174 m
- Bread Co.207 m
- The Marmalade Cat Cafe246 m
- Blenz Coffee272 m
- Starbucks377 m
Grocery (3)
- Lakview Market201 m
- Urban Fare450 m
- Save-On-Foods516 m
Parks (5+)
- Abbott Park107 m
- waterfront park156 m
- West Avenue Beach Access305 m
- Watt Park430 m
- Osprey Park484 m
Gyms (2)
- Orangetheory Fitness · 590 K.L.O. Road268 m
- The Athlete Den Training & Rehab Studio Inc. · 3320 Richter Street673 m
Pharmacies (1)
- Pharmasave474 m
Banks & ATMs (3)
- RBC Royal Bank187 m
- TD400 m
- BMO436 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.