Property Type: Detached HouseOwnership: Freehold

615 Kingswood Terrace

Kelowna, BC V1V0J2

$1,950,000

5 bed7.5 bath6 parking4,240 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Style
Contemporary
Stories
3
Lot size
0.2 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,111.64

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Hardwood, Laminate, Carpeted, Ceramic Tile
Appliances
Refrigerator, Dishwasher, Wine Fridge, Range, Microwave, Oven - Built-In, Humidifier, Hood Fan, Hot Water Instant, See remarks

Exterior & Lot

Exterior features
Stone, Stucco, Other
View
Mountain view, Valley view, View (panoramic)
Lot features
Central island, Balcony
Fencing
Fence

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
031-737-498

Parking

Total spaces
6 — covered indicated
Features
Attached Garage, Oversize

Room Dimensions

RoomLevelDimensions
Utility roomLower level14'10'' x 13'1''
Recreation roomLower level16'5'' x 24'3''
DenLower level12'3'' x 13'9''
BedroomLower level10'7'' x 9'6''
4pc BathroomLower level9'3'' x 5'
3pc BathroomLower level9'3'' x 5'2''
OtherSecond level12'3'' x 7'1''
Primary BedroomSecond level12'2'' x 22'2''
Laundry roomSecond level7'5'' x 11'5''
BedroomSecond level22'2'' x 14'1''
BedroomSecond level19'5'' x 13'7''
BedroomSecond level15'9'' x 15'9''
5pc Ensuite bathSecond level12'3'' x 14'9''
4pc Ensuite bathSecond level5'1'' x 9'1''
3pc Ensuite bathSecond level5'1'' x 9'10''
3pc Ensuite bathSecond level5'2'' x 9'3''
StorageMain level10'2'' x 5'1''
Mud roomMain level10'1'' x 11'4''
Living roomMain level16'9'' x 15'5''
KitchenMain level16'2'' x 13'1''
OtherMain level24' x 30'1''
FoyerMain level4'6'' x 13'6''
Dining roomMain level16' x 9'11''
2pc BathroomMain level7' x 5'2''

Listing Information

MLS®
10390275
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 31, 2026

Listing provided by: Bode Platform Inc · Data source: CREA DDF.

Description

Luxury Kelowna home, 5 bed, 6.5 bath, 1-bedroom legal suite, over 4,240 sqft, triple-car garage, near UBCO, 2-storey walkout, stunning views. Experience refined Okanagan living in this exceptional custom show home by Ovation Homes, located in the prestigious Estates at University Heights. Designed to capture sweeping valley and city views, this contemporary 2-storey walkout blends timeless elegance with modern functionality. The open-concept main level features 9’ ceilings, expansive windows, and seamless indoor-outdoor living. The designer kitchen offers quartz countertops, premium appliances, custom cabinetry, and an oversized island ideal for entertaining. The dining and great room open to a spacious covered deck, perfect for enjoying the panoramic views. summers. Upstairs, the luxurious primary retreat features a spa-inspired ensuite and walk-in closet, while secondary bedrooms each include their own ensuite bath. The fully finished walkout lower level includes a large family room, full bath, bar area, and beautifully appointed self-contained 1-bedroom legal suite. Minutes to UBCO, YLW, golf, wineries and shopping. Price includes GST. (id:63159)

Values & Trends

This listing

$460/sqft

Building average

No other active listings in this building

University District average

$401/sqft

34 active listing(s)

Parking: 6 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

4

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
Aberdeen Hall Preparatory School(Independent)K-12759 m
Dr Knox Middle SchoolMiddle2.3 km
North Glenmore ElementaryElementary2.3 km
Pearson Road ElementaryElementary3.3 km
Rutland Middle SchoolMiddle3.6 km
Watson Road ElementaryElementary3.7 km
Ellison ElementaryElementary3.8 km
Rutland Senior SecondaryElementary3.8 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

Parks (1)

  • Shetland Park644 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($390,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,560,000.00
Periodic payment — Principal & Interest (monthly)$10,064.59
Additional monthly expenses (strata, tax, utilities, etc.)$887.97
Total monthly cost$10,952.56
Interest paid over 5-yr term$447,100.48
Balance at end of term$1,403,225.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$390,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.85

Cash Needed at Closing

Minimum down payment$390,000
Estimated BC PTT$37,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,500

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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