Property Type: Detached HouseOwnership: Freehold

520 Froelich Road

Kelowna, BC V1X3M8

$1,299,000

4 bed4.5 bath7 parking2,488 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.23 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,912

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes

Exterior & Lot

Exterior features
Stucco

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
7 — uncovered indicated
Features
Other

Room Dimensions

RoomLevelDimensions
4pc BathroomBasement6' x 9'
3pc Ensuite bathMain level6' x 8'
Laundry roomBasement6' x 9'
BedroomBasement11' x 11'6''
Family roomBasement15' x 16'8''
Primary BedroomMain level13' x 14'
Dining roomMain level19' x 11'7''
Partial ensuite bathroomMain level4' x 5'
3pc BathroomMain level6' x 9'
BedroomBasement10'10'' x 11'
KitchenBasement11' x 14'
BedroomMain level10' x 13'
Living roomMain level15' x 16'
KitchenMain level10' x 16'

Listing Information

MLS®
10397656
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Positioned in a rapidly evolving neighbourhood, 520 Froelich Road offers a rare opportunity to secure a property with immediate income and significant future upside. Surrounded by ongoing redevelopment and new construction, this property is ideally positioned to capitalize on Kelowna’s continued growth. The existing home provides solid rental income, making it an excellent holding property while you plan your next move. Whether you’re an investor, builder, or developer, the real value lies in the land and its long-term potential. Just minutes from key amenities, shopping, transit, and major routes, the property offers both convenience and strong demand fundamentals. As the area continues to transform, opportunities like this are becoming increasingly scarce. Hold, rent, or redevelop — the choice is yours. Secure your position in one of Kelowna’s up-and-coming areas today. Room measurements are approximate only and should be independently verified by the purchaser if important. (id:63159)

Values & Trends

This listing

$522/sqft

Building average

No other active listings in this building

Rutland North average

$514/sqft

84 active listing(s)

Parking: 7 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

26

6/9 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
Pearson Road ElementaryElementary565 m
Rutland Middle SchoolMiddle704 m
Rutland Senior SecondaryElementary815 m
Flex Academy(Independent)K-12827 m
Kelowna Arts Academy(Independent)K-121.1 km
South Rutland ElementaryElementary1.2 km
Rutland ElementaryElementary1.4 km
Belgo Elementary SchoolElementary1.4 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 (2)

  • Jaide & Joel's Baking Company · 555 Montgomery Road545 m
  • Latin Fiesta616 m

Cafes (1)

  • Unnamed693 m

Grocery (1)

  • IGA533 m

Parks (4)

  • Rutland Bluff Linear Park472 m
  • Rutland Centennial Park594 m
  • Ben Lee Park675 m
  • Roxby Square703 m

Pharmacies (2)

  • Paragon613 m
  • Shoppers Drug Mart748 m

Banks & ATMs (1)

  • TD768 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$283.33
Total monthly cost$6,987.90
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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