Property Type: Detached HouseOwnership: Freehold

4588 Raymer Road

Kelowna, BC V1W1H9

$1,974,999

8 bed6.5 bath2 parking4,758 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.41 acres
Frontage
107 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,521.77

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Laminate, Carpeted, Linoleum

Exterior & Lot

Exterior features
Other
View
Mountain view
Waterfront
Other
Pool
Pool, Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
OtherAdditional Accommodation10'6'' x 12'4''
OtherAdditional Accommodation3'3'' x 5'9''
OtherAdditional Accommodation10'4'' x 5'6''
Full bathroomAdditional Accommodation7'9'' x 11'6''
KitchenAdditional Accommodation16'4'' x 15'0''
Living roomAdditional Accommodation13'2'' x 12'10''
BedroomAdditional Accommodation10'9'' x 17'6''
OtherBasement7'9'' x 8'8''
Recreation roomBasement12'0'' x 11'0''
BedroomBasement10'9'' x 8'0''
BedroomBasement10'0'' x 11'0''
3pc BathroomBasement6'1'' x 9'7''
DenBasement13'7'' x 14'11''
OtherBasement13'3'' x 10'0''
OtherSecond level4'2'' x 6'1''
3pc Ensuite bathSecond level7'9'' x 11'5''
BedroomSecond level14'11'' x 12'8''
BedroomMain level12'0'' x 12'2''
4pc BathroomSecond level6'2'' x 12'2''
BedroomSecond level12'0'' x 13'8''
BedroomSecond level10'8'' x 11'1''
Laundry roomSecond level6'10'' x 16'2''
OtherMain level11'4'' x 6'2''
5pc Ensuite bathMain level9'5'' x 11'8''
Primary BedroomMain level12'6'' x 14'10''
PantryMain level6'0'' x 13'4''
OtherMain level5'5'' x 9'11''
2pc BathroomMain level6'5'' x 4'8''
OfficeMain level14'2'' x 14'3''
KitchenMain level16'5'' x 26'4''
Family roomMain level11'10'' x 12'0''
Living roomMain level14'3'' x 15'9''
FoyerMain level22'4'' x 13'7''

Listing Information

MLS®
10395957
Listed
July 30, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

Welcome to an extraordinary Lower Mission property offering nearly 4,800 sq. ft. of beautifully updated living space with 8 bedrooms and 6 bathrooms, ideal for large families, multi-generational living, or buyers seeking flexibility and income potential. This resort style property has undergone approximately $400,000 in premium upgrades, this home has been transformed into a private resort. The backyard features a stunning 20' x 50' saltwater sports pool, custom cabana and outdoor bar, synthetic turf with a professional-grade putting green, fire pit, mini basketball court, and multiple entertaining spaces. Inside, thoughtful renovations added two bedrooms and a full bathroom to the lower level. The self-contained suite offers exceptional versatility, functioning as either a 1-bedroom, 1-bathroom suite or expanding into a 3-bedroom, 2-bathroom configuration. The property also boasts an impressive short-term rental history, with the upper portion previously generating up to $1,800 per night under the current Airbnb license. An oversized garage and new concrete driveway complete the package. Located steps from Bellevue Creek Elementary and within walking distance to Canyon Falls Middle School, Okanagan Mission Secondary, beaches, parks, shopping, and restaurants, this home offers an unmatched combination of luxury, lifestyle, flexibility, and revenue potential in one of Kelowna's most sought-after neighbourhoods. (id:63159)

Values & Trends

This listing

$415/sqft

Building average

No other active listings in this building

Lower Mission average

$703/sqft

94 active listing(s)

Parking: 2 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

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

7

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
Bellevue Creek ElementaryElementary102 m
Okanagan Mission SecondaryElementary573 m
Anne McClymont ElementaryElementary988 m
Dorothea Walker ElementaryElementary1.2 km
Canyon Falls Middle SchoolMiddle1.5 km
Lakeside School Kelowna(Independent)Elementary1.5 km
de l'Anse-au-sableK-122.1 km
Chute Lake ElementaryElementary3.3 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)

  • Mission Ridge Park424 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($395,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,579,999.00
Periodic payment — Principal & Interest (monthly)$10,193.62
Additional monthly expenses (strata, tax, utilities, etc.)$1,031.48
Total monthly cost$11,225.10
Interest paid over 5-yr term$452,832.26
Balance at end of term$1,421,214.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$395,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,149.64

Cash Needed at Closing

Minimum down payment$395,000
Estimated BC PTT$37,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$434,000

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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