Property Type: OtherOwnership: Freehold

539 Valley Road

Kelowna, BC V1V2E6

$2,680,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
12.3 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$356.45

Interior

Fireplace
None

Building

Water source
Municipal water
Utilities
Water, Sewer, Natural Gas
Parcel ID (PID)
012-019-704

Listing Information

MLS®
10370984
Listed
December 11, 2025
Time on market
On the market for 275 days
Data last synced
September 13, 2026

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

Description

12.3 ACRES of agricultural land with lake, valley and city views. Sewer and water on gently sloping fenced land. Imagine your personal estate minutes to downtown. Possible uses include greenhouses and farm market, vineyard, orchards, cherries, mixed farming, nursery production, therapeutic facility, equestrian or grand lakeview estate. Lot has had cherries, apples and pears in the past. Adjacent property also for sale for a combined 23.6 acre parcel with 667 ft of frontage. MLS 10370885. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

North Glenmore average

$671/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

Cloudy

12°C

Cloudy

Humidity 56%

Wind E 5 km/h

Today

22°

Tonight

Monday

23°

Monday night

11°

Tuesday

20°

Tuesday night

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
Watson Road ElementaryElementary628 m
Glenmore ElementaryElementary1.4 km
Dr Knox Middle SchoolMiddle1.8 km
North Glenmore ElementaryElementary2.4 km
Bankhead ElementaryElementary2.6 km
Kelowna Arts Academy(Independent)K-123.0 km
Springvalley Middle SchoolElementary3.1 km
Springvalley 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

Cafes (1)

  • Blenz Coffee · 538 Yates Road448 m

Parks (3)

  • Valley Glen Wetland253 m
  • Sutton Glen Park617 m
  • Selkirk Park650 m

Pharmacies (1)

  • Pharmasave · 437 Glenmore Road791 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road457 m

Healthcare (1)

  • Glenvalley Medical Centre · 437 Glenmore Road775 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($536,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,144,000.00
Periodic payment — Principal & Interest (monthly)$13,832.36
Additional monthly expenses (strata, tax, utilities, etc.)$29.70
Total monthly cost$13,862.06
Interest paid over 5-yr term$614,476.56
Balance at end of term$1,928,534.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$536,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,486.61

Cash Needed at Closing

Minimum down payment$536,000
Estimated BC PTT$58,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$595,900

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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