Property Type: Detached HouseOwnership: Freehold

523 Metcalfe Avenue

Kelowna, BC V1W5K8

$2,995,000

6 bed4.5 bath5 parking5,196 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.2 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,250

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
5 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Great roomBasement22' x 36'
4pc BathroomBasement
BedroomBasement12'9'' x 13'3''
BedroomBasement11'8'' x 15'9''
BedroomBasement13'4'' x 13'4''
2pc BathroomMain level
5pc Ensuite bathMain level
4pc BathroomSecond level
BedroomSecond level16'9'' x 15'6''
BedroomSecond level13' x 15'
Family roomSecond level12'9'' x 17'
Dining roomMain level10'8'' x 13'10''
DenMain level13' x 11'
Primary BedroomMain level14' x 22'6''
Living roomMain level17' x 16'
KitchenMain level17' x 22'

Listing Information

MLS®
10397612
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

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

Description

Amazing! This immaculate home shows like the day it was built with stunning finishing throughout! Soaring ceilings, open plan, craftsmanship that is untouched by most homes, and over 5000sqft of immaculate finished space. Main floor luxurious primary bedroom with 5pce ensuite, 2 additional bedrooms up, and 3 more bedrooms down. Double island kitchen with upgraded appliances and finishing throughout. Butler kitchen off the dining room! Located on one of Kelowna's most desirable streets and topped off with an oversized triple garage! Check out the virtual tour here: https://unbranded.youriguide.com/523_metcalfe_ave_kelowna_bc (id:63159)

Values & Trends

This listing

$576/sqft

Building average

No other active listings in this building

Lower Mission average

$701/sqft

94 active listing(s)

Parking: 5 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
Anne McClymont ElementaryElementary638 m
Dorothea Walker ElementaryElementary737 m
Okanagan Mission SecondaryElementary1.0 km
Lakeside School Kelowna(Independent)Elementary1.0 km
de l'Anse-au-sableK-121.3 km
Bellevue Creek ElementaryElementary1.4 km
Canyon Falls Middle SchoolMiddle3.0 km
Casorso ElementaryElementary3.2 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)

  • Sarsons Beach Park332 m
  • Eldorado Road Beach Access578 m
  • Central Okanagan Sailing Association733 m
  • Hobson Road Beach Access762 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,396,000.00
Periodic payment — Principal & Interest (monthly)$15,458.18
Additional monthly expenses (strata, tax, utilities, etc.)$1,030.83
Total monthly cost$16,489.01
Interest paid over 5-yr term$686,700.49
Balance at end of term$2,155,209.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,424.40

Cash Needed at Closing

Minimum down payment$599,000
Estimated BC PTT$67,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$668,350

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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