Property Type: Detached HouseOwnership: Freehold

707 Glenburn Street

Kelowna, BC V1Y4G4

$1,600,000

4 bed2 bath2,187 sqftBuilt 1965
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.26 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,296.34

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Features
Carport

Room Dimensions

RoomLevelDimensions
Living roomBasement1' x 1'
Full bathroomBasement1' x 1'
BedroomBasement1' x 1'
BedroomBasement1' x 1'
BedroomMain level1' x 1'
Full bathroomMain level1' x 1'
Primary BedroomMain level1' x 1'
Living roomMain level1' x 1'
Dining roomMain level1' x 1'
KitchenMain level1' x 1'

Listing Information

MLS®
10384321
Listed
April 21, 2026
Time on market
On the market for 132 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

EXCITING DEVELOPMENT OPPORTUNITY! Prime corner location at Glenmore Drive and High Road offers a 1.2-acre land assembly opportunity. Potential for a 6-story residential building with ground-level commercial upon rezone to MF3 Zoning. Strategically positioned on a transit supportive corridor with easy access to downtown Kelowna, UBC Okanagan, and Kelowna International Airport. Walking distance to Knox Mountain and Kelowna Golf and Country Club. Stunning views of Knox Mountain and Dilworth Cliffs enhance its desirability. Must be acquired alongside other properties for comprehensive development. A premium prospect boasting accessibility to key amenities and promising returns. (id:63159)

Values & Trends

This listing

$732/sqft

Building average

No other active listings in this building

Glenmore average

$628/sqft

61 active listing(s)

Parking: Not indicatedStorage 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

15

2/9 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
Glenmore ElementaryElementary486 m
Watson Road ElementaryElementary1.2 km
Bankhead ElementaryElementary1.7 km
Dr Knox Middle SchoolMiddle2.7 km
The Balsam School(Independent)Elementary2.9 km
Springvalley Middle SchoolElementary3.2 km
North Glenmore ElementaryElementary3.2 km
Central School ProgramsK-123.2 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 (2)

  • Murray's Pizza · 1924 Summit Drive168 m
  • De Bakker's Kitchen · 1014 Glenmore Drive669 m

Parks (3)

  • Caro Park622 m
  • Sonora Park629 m
  • Calmels Park728 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($320,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,280,000.00
Periodic payment — Principal & Interest (monthly)$8,258.13
Additional monthly expenses (strata, tax, utilities, etc.)$467.03
Total monthly cost$8,725.15
Interest paid over 5-yr term$366,851.68
Balance at end of term$1,151,364.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$320,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,842.75

Cash Needed at Closing

Minimum down payment$320,000
Estimated BC PTT$30,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,500

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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