Property Type: Condo / ApartmentOwnership: Strata

5281 SILVERADO Place

Kelowna, BC V1X7X8

$987,000

4 bed4.5 bath5 parking2,733 sqftBuilt 2003
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.13 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$89/mo
Annual property tax
$4,074

Interior

Basement
Full
Heating
Forced air, Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Stone, Other
View
City view, Lake view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomLower level16'0'' x 10'0''
BedroomLower level12'5'' x 9'4''
DenLower level8'0'' x 13'4''
Full bathroomLower level8'0'' x 7'0''
Family roomLower level16'0'' x 12'10''
Recreation roomLower level10'6'' x 14'0''
Full ensuite bathroomSecond level8'1'' x 6'0''
BedroomSecond level11'10'' x 13'8''
Full ensuite bathroomMain level12'6'' x 6'7''
Primary BedroomMain level17'6'' x 11'8''
2pc BathroomMain level8'6'' x 5'9''
Living roomMain level16'0'' x 16'0''
Dining roomMain level10'9'' x 14'1''
KitchenMain level12'10'' x 9'5''
Dining nookMain level7'10'' x 9'0''

Listing Information

MLS®
10397999
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna - Stone Sisters · Data source: CREA DDF.

Description

Perched above the fairways within the gated Sunset Ranch Golf Community, this beautifully maintained residence captures sweeping mountain, valley & lake views while offering the ease of main-level living. Thoughtfully designed for both everyday comfort & entertaining, the home features a spacious walkout layout, geothermal heating & cooling, abundant storage & an exceptional setting overlooking the golf course. Natural light pours through expansive windows into the open-concept main living area, where soaring ceilings, hardwood flooring & a striking stone fireplace create an inviting atmosphere. The kitchen offers wood cabinetry & seamlessly flows to the dining area & covered view deck—perfect for morning coffee or evenings spent enjoying the peaceful surroundings. The main-floor primary suite is privately positioned with a walk-in closet, spacious ensuite & room for a king-sized bedroom set. A versatile den, laundry & powder room complete the main level. Above, the open loft provides flexible space for a home office, library or sitting area, alongside a fourth bedroom & full bathroom. The walkout lower level is ideal for family or guests, offering two additional bedrooms, a full bathroom, expansive recreation & family rooms with a second fireplace, direct outdoor access & outstanding storage throughout. Complete with a double garage plus dedicated golf cart garage, central vacuum, water softener & low-maintenance landscaping, this exceptional home combines privacy, breathtaking views & an effortless lifestyle. Enjoy golf, the clubhouse restaurant & miles of surrounding trails, all just minutes from the airport, UBCO & everyday amenities. (id:63159)

Values & Trends

This listing

$361/sqft

Building average

No other active listings in this building

Ellison average

No comparable active listings

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

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.

Nearby Schools

SchoolTypeDistance
Ellison ElementaryElementary581 m
Aberdeen Hall Preparatory School(Independent)K-124.1 km
Rutland ElementaryElementary5.1 km
Rutland Middle SchoolMiddle5.5 km
Rutland Senior SecondaryElementary5.5 km
Pearson Road ElementaryElementary6.0 km
South Rutland ElementaryElementary6.4 km
North Glenmore ElementaryElementary6.6 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($73,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$789,600.00
Periodic payment — Principal & Interest (monthly)$5,094.23
Additional monthly expenses (strata, tax, utilities, etc.)$565.51
Total monthly cost$5,659.74
Interest paid over 5-yr term$226,301.63
Balance at end of term$710,247.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,700
Stress test qualifying rate8.09%
Payment you must qualify for$7,022.96

Cash Needed at Closing

Minimum down payment$73,700
Estimated BC PTT$17,740
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,940

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.

Request more information