Property Type: Detached HouseOwnership: Freehold

553 Patterson Avenue

Kelowna, BC V1Y5C7

$1,739,000

3 bed3.5 bath2 parking2,340 sqftBuilt 2015
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.11 acres
Frontage
35 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$6,299.11

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Hardwood, Carpeted

Exterior & Lot

Exterior features
Stucco

Building

Roof
Other, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached 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
OtherMain level22'8'' x 19'10''
OtherThird level3'10'' x 9'1''
OtherThird level23'6'' x 16'2''
BedroomSecond level9'10'' x 9'5''
4pc BathroomSecond level7'2'' x 5'4''
BedroomSecond level13'6'' x 10'10''
Family roomSecond level12'6'' x 20'8''
Laundry roomMain level5'8'' x 6'7''
2pc BathroomMain level4' x 6'7''
OfficeMain level9'1'' x 9'8''
OtherMain level13'1'' x 19'8''
4pc Ensuite bathMain level13'6'' x 9'6''
Primary BedroomMain level20'6'' x 13'4''
OtherMain level22'4'' x 21'2''
Dining roomMain level16'2'' x 10'9''
Living roomMain level14'5'' x 20'1''
KitchenMain level15'9'' x 10'10''

Listing Information

MLS®
10382351
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

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

Description

Located one block from Pandosy Village, this home offers exceptional walkability to shops, restaurants, cafes, & everyday amenities. Enjoy the best of Okanagan lifestyle with beach 2 blocks away, nearby parks, hospital, and extensive bike routes. Bright & thoughtfully designed, home features skylights, large windows, hardwood flooring, & high end finishes throughout. Entertainer’s kitchen equipped with Bosch appliances, beverage fridge, oversized island, updated backsplash, modern lighting, seamlessly connecting dining & living areas with gas fireplace & direct backyard access. Private low maintenance yard fully fence, beautifully finished with pergola, turf, irrigation, lighting, 2 gas BBQ hookups, & 240V for hot tub. Convenient access to double garage with Level 2 EV charging. Main floor features spacious primary bedroom with walk in closet & access to private patio. Ensuite well appointed with heated floors, double sinks, custom walk in shower, built in storage. A den/office, powder room, & laundry complete main level. Upstairs offers 2 generously sized bedrooms with oversized closets, full bathroom, & versatile flex space ideal for gym, media room, or family area. Rooftop deck is perfect place to relax, take in views, & enjoy stunning sunsets. Additional highlights include security system, roughed in elevator on each floor including the rooftop deck (currently used for storage), & hot water on demand. This home truly captures the essence of Okanagan living. (id:63159)

Values & Trends

This listing

$743/sqft

Building average

No other active listings in this building

Kelowna South average

$755/sqft

80 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

41

7/9 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
Raymer ElementaryElementary334 m
Kelowna SecondarySecondary974 m
A S Matheson ElementaryElementary1.3 km
KLO Middle SchoolMiddle1.3 km
St Joseph Elementary School(Independent)Elementary1.3 km
Central School ProgramsK-121.5 km
Central SecondarySecondary1.5 km
Casorso ElementaryElementary1.8 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

Restaurants (5+)

  • Original Joe's320 m
  • Hector's Casa393 m
  • Soy407 m
  • Chutney · 3011 Pandosy Street574 m
  • The Canadian Brewhouse · 3030 Pandosy Street612 m

Cafes (4)

  • Blenz Coffee344 m
  • The Marmalade Cat Cafe377 m
  • Bread Co.443 m
  • Bean scene456 m

Grocery (1)

  • Lakview Market609 m

Parks (5+)

  • Osprey Park195 m
  • Kinsmen Park356 m
  • Cameron Park · 2345 Richter Street478 m
  • Francis Avenue Beach Access483 m
  • Abbott Park504 m

Gyms (1)

  • Orangetheory Fitness · 590 K.L.O. Road653 m

Pharmacies (1)

  • Remedy'sRx647 m

Banks & ATMs (2)

  • RBC Royal Bank650 m
  • TD773 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($347,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,391,200.00
Periodic payment — Principal & Interest (monthly)$8,975.55
Additional monthly expenses (strata, tax, utilities, etc.)$641.93
Total monthly cost$9,617.48
Interest paid over 5-yr term$398,721.92
Balance at end of term$1,251,388.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$347,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,697.84

Cash Needed at Closing

Minimum down payment$347,800
Estimated BC PTT$32,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$382,080

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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