Property Type: Detached HouseOwnership: Freehold

557 Vintage Terrace Court

Kelowna, BC V1W2Z8

$1,049,000

3 bed3.5 bath2 parking2,188 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.23 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,858.94

Interior

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, RV, Additional Parking

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
StorageMain level8'7'' x 9'1''
Partial bathroomMain level8'8'' x 3'5''
Laundry roomMain level8'8'' x 9'
Living roomMain level14'10'' x 18'
4pc BathroomMain level8'5'' x 8'7''
BedroomMain level9'11'' x 9'11''
BedroomMain level9'11'' x 13'5''
OtherMain level12'5'' x 9'11''
5pc Ensuite bathMain level10'6'' x 8'7''
Primary BedroomMain level13'1'' x 13'7''
Living roomMain level15'8'' x 17'4''
KitchenMain level8'10'' x 14'1''

Listing Information

MLS®
10396074
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

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

Description

ONE LEVEL LIVING IN THE HEART OF THE LOWER MISSION! Located in one of Kelowna's best family neighbourhoods this 3 bedroom, 2.5 bathroom home offers tons of parking on a private 0.23 acre lot walking distance to beach accesses, Barn Owl Brewing, DunnEnzies & schools. Featuring approx 2,188 sqft, this well-maintained rancher delivers the perfect space for downsizers or young families. Inside, the bright south-facing kitchen is filled with natural light and features an island, breakfast nook, gas range and easy access to the main living areas. A formal dining room is perfect for hosting family dinners, while the spacious living room centres around a cozy gas fireplace and opens seamlessly to the massive covered patio. The perfect spot for entertaining friends and relaxing with family! The private backyard is beautifully landscaped with raised garden beds, mature grapevines and a storage shed. The spacious primary retreat features a beautifully updated 5-piece ensuite with dual vanities and heated tile floors, while the oversized walk-in closet could be converted back to a 4th bedroom if required. The secodnary bedrooms are serviced by an updated 4 pc bathroom while a laundry room & powder room round out the floor plan adjacent to the double garage with a bonus storage room. Close to top-rated schools, parks, beaches, wineries and all the amenities that make the Lower Mission one of Kelowna's most desirable neighbourhoods. Move in before fall! A fast possession is possible! (id:63159)

Values & Trends

This listing

$479/sqft

Building average

No other active listings in this building

Lower Mission average

$702/sqft

94 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

26

4/9 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
Anne McClymont ElementaryElementary540 m
Lakeside School Kelowna(Independent)Elementary554 m
Okanagan Mission SecondaryElementary587 m
Bellevue Creek ElementaryElementary937 m
Dorothea Walker ElementaryElementary1.3 km
Canyon Falls Middle SchoolMiddle2.2 km
de l'Anse-au-sableK-122.3 km
Chute Lake ElementaryElementary2.6 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 (1)

  • DunnEnzies · 4638 Lakeshore Road281 m

Cafes (1)

  • Milk Shed · 4629 Lakeshore Road229 m

Grocery (1)

  • Sunshine Market329 m

Parks (2)

  • Farris Road Beach Access699 m
  • Collett Road Beach Access791 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$839,200.00
Periodic payment — Principal & Interest (monthly)$5,414.23
Additional monthly expenses (strata, tax, utilities, etc.)$513.91
Total monthly cost$5,928.15
Interest paid over 5-yr term$240,517.13
Balance at end of term$754,863.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,452.04

Cash Needed at Closing

Minimum down payment$79,900
Estimated BC PTT$18,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,380

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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