Property Type: Detached HouseOwnership: Freehold

540 Klassen Road

Kelowna, BC V1X7P3

$1,013,900

5 bed3 bath2 parking2,328 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.16 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,447.83

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Laminate, Mixed Flooring

Exterior & Lot

View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Street

Room Dimensions

RoomLevelDimensions
PantryLower level7'8'' x 7'11''
BedroomMain level12'3'' x 9'6''
BedroomLower level9'10'' x 10'9''
Family roomLower level9'8'' x 22'4''
Laundry roomLower level5'2'' x 9'10''
KitchenLower level4'9'' x 12'3''
Full bathroomAdditional Accommodation
BedroomLower level12'3'' x 13'8''
FoyerLower level7'8'' x 7'7''
BedroomMain level12'3'' x 9'11''
3pc BathroomMain level
4pc BathroomMain level
Primary BedroomMain level12'5'' x 13'10''
Family roomMain level14'4'' x 11'
KitchenMain level18'4'' x 10'7''
Dining roomMain level10'11'' x 10'11''
Living roomMain level14'2'' x 11'8''

Listing Information

MLS®
10389514
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

welcome to 540 Klassen Road, a beautifully maintained home in one of Kelowna's most convenient and family riendly neighbourhoods. From the moment you arrive, you'll appreciate the thoughtful layout and flexible living spaces this home offers. he main level features a bright, open-concept design with a spacious kitchen, generous cabinetry, and seamless flow into the dining area and family room- ideal for everyday living and entertaining. Large windows 111 the space with natural light, while the cozy fireplace adds warmth and comfort. he primary bedroom is a relaxing retreat with a walk-in closet, private ensuite, and direct access to a large eek where you can enjoy peaceful views and fresh Okanagan air. Additional bedrooms are well-sized and located near a full bathroom, making this home perfect for families or guests. The fully finished lower level features a self-contained in-law suite with a separate entrance, offering excellent pace for extended family. The suite includes a bedroom, bathroom, laundry, and open living area with walk-out access to a private backyard. Outside, enjoy a flat, usable yard with plenty of privacy, ideal for kids, pets or summer gatherings. With ample parking and close proximity to schools, parks, shopping and transit – while avoiding downtown congestion – this home offers comfort, flexibility and exceptional value. Book your private showing today. Some photos have been digitally enhanced by AI to show what’s possible. Thank you for showing! (id:63159)

Values & Trends

This listing

$436/sqft

Building average

No other active listings in this building

Rutland North average

$515/sqft

84 active listing(s)

Parking: 2 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

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
Rutland ElementaryElementary929 m
Rutland Middle SchoolMiddle1.2 km
Rutland Senior SecondaryElementary1.2 km
Pearson Road ElementaryElementary1.8 km
South Rutland ElementaryElementary2.2 km
Flex Academy(Independent)K-122.6 km
Kelowna Arts Academy(Independent)K-122.8 km
Belgo Elementary SchoolElementary2.9 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.

Nearby Places

Parks (3)

  • Edith Gay Park401 m
  • Wigglesworth Park410 m
  • Sumac Park569 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($76,390) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$811,120.00
Periodic payment — Principal & Interest (monthly)$5,233.07
Additional monthly expenses (strata, tax, utilities, etc.)$486.65
Total monthly cost$5,719.72
Interest paid over 5-yr term$232,469.32
Balance at end of term$729,605.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$76,390
Stress test qualifying rate8.09%
Payment you must qualify for$7,209.12

Cash Needed at Closing

Minimum down payment$76,390
Estimated BC PTT$18,278
Legal / closing costs (typical estimate)$1,500
Total cash needed$96,168

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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