Property Type: Detached HouseOwnership: Freehold

5507 Lee Lane

Kelowna, BC V1W5H2

$1,390,000

5 bed4.5 bath4 parking3,382 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.15 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,374.67

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Tile, Hardwood, Carpeted
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave

Exterior & Lot

Exterior features
Stone
View
Mountain view
Lot features
Central island

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
028-051-254

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
BedroomSecond level13'4'' x 9'9''
BedroomSecond level13'4'' x 11'1''
3pc BathroomSecond level8'7'' x 7'2''
OtherSecond level7'3'' x 17'2''
OtherSecond level13'4'' x 11'1''
OtherBasement7'6'' x 7'3''
BedroomBasement12'1'' x 12'9''
OtherBasement6'1'' x 3'7''
Family roomBasement15'11'' x 16'8''
3pc BathroomBasement8'5'' x 7'10''
Recreation roomBasement20'3'' x 11'9''
BedroomBasement14'4'' x 8'6''
FoyerMain level14'4'' x 7'3''
DenMain level12'6'' x 9'11''
Living roomMain level16'10'' x 17'5''
Dining roomMain level8'6'' x 12'4''
KitchenMain level11'10'' x 21'2''
PantryMain level3'9'' x 6'3''
OtherMain level5'9'' x 7'8''
2pc BathroomMain level5'1'' x 5'2''
Laundry roomMain level9'1'' x 13'0''
Primary BedroomSecond level22'7'' x 13'8''
5pc Ensuite bathSecond level18'1'' x 7'1''

Listing Information

MLS®
10395798
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 30, 2026

Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.

Description

Welcome to 5507 Lee Lane, where the street is a selling feature in itself.Tucked away on a cul-de-sac,Lee Lane is lined with beautiful homes and offers a quiet,family-friendly setting that's hard to find.Kids can ride bikes and play outside,creating a nostalgic sense of community you have to experience to appreciate.Kettle Valley is one of Kelowna’s most sought-after neighbourhoods,known for top-rated schools,parks,playgrounds, scenic trails and an incredible family lifestyle.Inside is an ideal family layout.The bright main level features high ceilings,hardwood flooring and open living spaces overlooking the backyard,making it easy to keep an eye on kids and pets.The stunning kitchen offers abundant counter space,cabinetry, pantry,S/S appliances and gas range,perfect for entertaining.The living room is grand yet cozy with a stone gas fireplace, while a den makes the perfect office.Upstairs you'll find the spacious primary suite,two additional beds and a full bath.The primary is a true retreat with hardwood flooring,high ceilings and a spa-inspired ensuite.Downstairs offers a large rec area, two more beds and a bath, perfect for teenagers or guests.Outside,the fully fenced and landscaped backyard is an oasis with a covered patio and hot tub.With five bedrooms,multiple living spaces,an exceptional family layout and a location on one of Kettle Valley’s most charming streets,this is the family home you've been waiting for.All that’s left to do is move in and make it yours. (id:63159)

Values & Trends

This listing

$411/sqft

Building average

No other active listings in this building

Kettle Valley average

$482/sqft

32 active listing(s)

Parking: 4 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
Chute Lake ElementaryElementary1.2 km
Lakeside School Kelowna(Independent)Elementary3.6 km
Anne McClymont ElementaryElementary4.2 km
Okanagan Mission SecondaryElementary4.3 km
Canyon Falls Middle SchoolMiddle4.3 km
Bellevue Creek ElementaryElementary4.4 km
Dorothea Walker ElementaryElementary5.0 km
de l'Anse-au-sableK-125.9 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 (5+)

  • Jewel Park357 m
  • McCarren Park524 m
  • Providence Park532 m
  • Tulameen Park549 m
  • Quilchena Park620 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,112,000.00
Periodic payment — Principal & Interest (monthly)$7,174.25
Additional monthly expenses (strata, tax, utilities, etc.)$700.22
Total monthly cost$7,874.47
Interest paid over 5-yr term$318,702.40
Balance at end of term$1,000,247.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,811.99

Cash Needed at Closing

Minimum down payment$114,000
Estimated BC PTT$25,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,300

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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