Property Type: Land / LotOwnership: Freehold

530 Rose Valley Road

West Kelowna, BC V1Z3T7

$1,950,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
127 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,421

Interior

Fireplace
None

Listing Information

MLS®
10320893
Listed
August 7, 2024
Time on market
On the market for 754 days
Data last synced
August 28, 2026

Listing provided by: CIR Realty · Data source: CREA DDF.

Description

Discover the extraordinary potential of 530 Rose Valley Rd, a stunning 127-acre property offering unparalleled natural beauty and unique opportunities. Despite being impacted by the 2023 wildfires, this vast expanse of land is a blank canvas awaiting your vision. The property includes 17.5 acres in the Agricultural Land Reserve (ALR) with the remaining land zoned A1, providing versatile usage options. Among its many natural features are a private lake, perfect for cooling off on a hot summer day and a breathtaking 100-foot waterfall, a natural spectacle that's sure to impress. Sweeping views stretch from the serene Rose Valley Reservoir to the majestic Okanagan Lake, offering stunning panoramas at every turn. This property is a rare find, offering both seclusion and the raw beauty of nature. Whether you envision a private estate, agricultural endeavors, or an eco-friendly development, 530 Rose Valley Rd provides the perfect setting. Embrace the opportunity to create something truly special in one of the most picturesque locations imaginable. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

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

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Rose Valley ElementaryElementary3.7 km
Mar Jok ElementaryElementary5.1 km
The Balsam School(Independent)Elementary5.6 km
Hudson Road ElementaryElementary6.5 km
Central SecondarySecondary6.7 km
Central School ProgramsK-126.7 km
St Joseph Elementary School(Independent)Elementary6.9 km
Bankhead ElementaryElementary6.9 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: 20.0% ($390,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,560,000.00
Periodic payment — Principal & Interest (monthly)$10,064.59
Additional monthly expenses (strata, tax, utilities, etc.)$535.08
Total monthly cost$10,599.67
Interest paid over 5-yr term$447,100.48
Balance at end of term$1,403,225.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$390,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.85

Cash Needed at Closing

Minimum down payment$390,000
Estimated BC PTT$37,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,500

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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