Property Type: Land / LotOwnership: Freehold

427 Rose Valley Road

West Kelowna, BC V1Z3T7

$619,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.36 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,106

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view

Listing Information

MLS®
10383907
Listed
April 17, 2026
Time on market
On the market for 136 days
Data last synced
August 28, 2026

Listing provided by: CIR Realty · Data source: CREA DDF.

Description

MAKE US AN OFFER! Rural living a stones throw from civilization! Embrace tranquility and nature's beauty on this sprawling 1.36-acre lake view lot nestled on top a serene hillside forest. Imagine waking up to breathtaking sunrises over the water, with a pool perfectly positioned to capture every moment. Imagine cozy campfires gazing at at a sky full of stars with the city lights dancing across the lake. Just 7 minutes from the bridge and a mere 12 minutes to downtown Kelowna, convenience meets seclusion in this idyllic location. Explore hiking and biking trails right from your doorstep, or indulge in leisurely fishing at the Rose Valley Reservoir just moments away. Don't miss the chance to bring your own builder and craft your dream home. This property boasts an existing pool, unparalleled natural backdrop and forever unobstructed views which continue to improve with local clearing and new development around the area. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Rose Valley ElementaryElementary4.0 km
The Balsam School(Independent)Elementary5.0 km
Mar Jok ElementaryElementary5.5 km
Central SecondarySecondary6.1 km
Central School ProgramsK-126.1 km
Bankhead ElementaryElementary6.2 km
St Joseph Elementary School(Independent)Elementary6.4 km
Hudson Road ElementaryElementary6.8 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($36,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$495,920.00
Periodic payment — Principal & Interest (monthly)$3,199.51
Additional monthly expenses (strata, tax, utilities, etc.)$175.50
Total monthly cost$3,375.01
Interest paid over 5-yr term$142,132.10
Balance at end of term$446,081.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,482.37

Cash Needed at Closing

Minimum down payment$36,990
Estimated BC PTT$10,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,888

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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