Property Type: Land / LotOwnership: Freehold

4653 Gordon Drive

Kelowna, BC V1W1T5

$1,177,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres
Frontage
70 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,591

Interior

Fireplace
None

Listing Information

MLS®
10386268
Listed
May 12, 2026
Time on market
On the market for 111 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

An exceptional development opportunity in a highly desirable area of the Lower Mission in Kelowna. This offering forms part of a well-designed residential project featuring a planned cluster of detached homes with a central shared driveway. This listing (4653 Gordon Dr) is for a single parcel designed to accommodate four detached homes, sharing a central driveway with the adjoining lot at 4649 Gordon Drive (MLS #). Both parcels together form a coordinated development concept comprising a total of eight detached homes, with four homes planned on each lot. The site is serviced with underground utilities in place to support the overall development. This parcel is zoned RU1 which allows 4 dwellings per lot subject to final municipal approvals. Walking distance to schools. 4653 Gordon Dr is 0.32Acre, 4649 Gordon Dr is 0.28Acre. Both total to 0.60Acre. A rare opportunity to secure a thoughtfully planned residential development in a prime urban area. (id:63159)

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
Bellevue Creek ElementaryElementary418 m
Okanagan Mission SecondaryElementary527 m
Anne McClymont ElementaryElementary880 m
Lakeside School Kelowna(Independent)Elementary1.2 km
Dorothea Walker ElementaryElementary1.4 km
Canyon Falls Middle SchoolMiddle1.5 km
de l'Anse-au-sableK-122.4 km
Chute Lake ElementaryElementary2.8 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.

Nearby Places

Parks (1)

  • Quarry Park772 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$941,600.00
Periodic payment — Principal & Interest (monthly)$6,074.88
Additional monthly expenses (strata, tax, utilities, etc.)$215.92
Total monthly cost$6,290.80
Interest paid over 5-yr term$269,865.27
Balance at end of term$846,972.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,700
Stress test qualifying rate8.09%
Payment you must qualify for$8,337.89

Cash Needed at Closing

Minimum down payment$92,700
Estimated BC PTT$21,540
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,740

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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