Property Type: Detached HouseOwnership: Freehold

485 Sheila Crescent

Kelowna, BC V1W4L8

$1,249,900

5 bed4.5 bath2 parking2,772 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.16 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

Heating
Baseboard heaters, Forced air
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Appliances
Refrigerator, Oven - Electric, Dishwasher, Washer & Dryer

Exterior & Lot

View
Mountain view, Valley view
Lot features
Corner Site, Irregular lot size

Building

Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
032-639-554

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, RV

Room Dimensions

RoomLevelDimensions
4pc BathroomLower level10'2'' x 4'11''
KitchenLower level13'5'' x 17'11''
BedroomBasement10'3'' x 14'10''
4pc BathroomSecond level8'5'' x 5'6''
BedroomSecond level18'6'' x 18'10''
BedroomSecond level11'3'' x 12'10''
BedroomSecond level12'4'' x 12'8''
5pc Ensuite bathSecond level9'11'' x 9'8''
Primary BedroomSecond level14'8'' x 17'10''
2pc BathroomMain level
Dining roomMain level10'11'' x 9'3''
KitchenMain level10'11'' x 11'5''
Living roomMain level14'8'' x 18'1''

Listing Information

MLS®
10396827
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 30, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Welcome to this beautifully designed family home in Kelowna's highly sought-after Upper Mission. Offering 4 spacious bedrooms on the upper level plus a self-contained 1-bedroom legal suite, this home is perfectly suited for growing families, multi-generational living, or buyers looking to offset their mortgage with rental income. The bright, open-concept main floor is thoughtfully designed for everyday living and entertaining, featuring a stylish kitchen with a large island, quality finishes, and seamless flow into the dining and living areas. Upstairs, the generous primary retreat is complemented by three additional bedrooms, providing the ideal layout for families with young children or teens. Step outside to a private, low-maintenance backyard designed for entertaining. The flat outdoor space features large pavers, creating the perfect setting for summer barbecues or evenings spent with family and friends. A covered patio just off the living area extends your living space outdoors, allowing you to enjoy the backyard rain or shine. The self-contained 1-bedroom legal suite has its own private entrance, making it ideal for generating rental income, accommodating extended family, or welcoming guests. Additional highlights include a double attached garage and dedicated RV parking. Built to Step Code 4 standards, this home offers enhanced energy efficiency, year-round comfort, and lower operating costs compared to many conventional homes. Situated in one of Kelowna's most desirable neighbourhoods, this home is just minutes from top-rated schools, parks, hiking trails, wineries, and all the amenities of the Upper and Lower Mission. GST applicable (id:63159)

Values & Trends

This listing

$451/sqft

Building average

No other active listings in this building

Upper Mission average

$875/sqft

64 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

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

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
Chute Lake ElementaryElementary669 m
Lakeside School Kelowna(Independent)Elementary2.1 km
Canyon Falls Middle SchoolMiddle2.5 km
Okanagan Mission SecondaryElementary2.6 km
Anne McClymont ElementaryElementary2.6 km
Bellevue Creek ElementaryElementary2.6 km
Dorothea Walker ElementaryElementary3.4 km
de l'Anse-au-sableK-124.3 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 (4)

  • Rembler Creek Park278 m
  • Southridge Open Space490 m
  • Curlew Park606 m
  • Leon Creek Park696 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,920.00
Periodic payment — Principal & Interest (monthly)$6,451.14
Additional monthly expenses (strata, tax, utilities, etc.)$139.00
Total monthly cost$6,590.14
Interest paid over 5-yr term$286,579.95
Balance at end of term$899,431.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,842.41

Cash Needed at Closing

Minimum down payment$99,990
Estimated BC PTT$22,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,488

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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