Property Type: DuplexOwnership: Freehold

707 Raymer Road

Kelowna, BC V1W1H6

$1,050,000

5 bed3 bath4 parking2,259 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Duplex
Stories
2
Lot size
0.18 acres

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,892.41

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Vinyl

Exterior & Lot

Exterior features
Stone, Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached 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
BedroomSecond level10'1'' x 15'3''
BedroomSecond level10'1'' x 13'0''
3pc BathroomSecond level6'4'' x 8'2''
Laundry roomSecond level4'11'' x 6'0''
BedroomSecond level11'2'' x 8'9''
Living roomMain level12'6'' x 24'9''
KitchenMain level9'9'' x 25'3''
BedroomMain level10'1'' x 12'7''
OtherMain level5'1'' x 16'5''
3pc BathroomMain level6'7'' x 7'8''
StorageMain level6'7'' x 8'5''
Family roomSecond level14'0'' x 13'8''
OtherSecond level8'6'' x 24'5''
Primary BedroomSecond level12'6'' x 15'0''
5pc Ensuite bathSecond level9'8'' x 12'5''
OtherSecond level9'8'' x 8'3''

Listing Information

MLS®
10396474
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

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

Description

Near-new 5-bed, 3-bath home, 707 Raymer Road. Experience luxury Lower Mission living without the huge price tag! Walking distance to Okanagan Mission School and minutes from the shore of Okanagan Lake beaches, the new Dehart community park, H2O Center, Capital News Center, trails, and shopping. This stunning newer home delivers modern elegance and unmatched convenience with beautiful upgrades throughout. Featuring soaring 10' ceilings and a bright open-concept layout, the main floor boasts a chef's kitchen complete with waterfall quartz countertops, waterfall cabinets, a pot filler, separate dining, and seamless walkout access to the yard. The main-level bedroom with exterior access makes it Ideal for a home-based business or office, directly across from a full bath with a custom glass tile shower. Upstairs, a central family room with a wet bar separates the primary sanctuary from 3 more spacious bedrooms, a full bath, and laundry. The primary suite features a private deck, massive walk-in closet, and a lavish ensuite complete with heated tile floors, a deep soaker tub, and a custom glass shower. Outside, enjoy a fully fenced, pool-sized backyard with private metal fencing. Premium upgrades throughout include a heated garage with Epoxy flooring and roughed-in for EV, along with hot water on demand and an in-wall retractable central vac. Don't miss this rare opportunity to own a dream home in one of the most sought-after neighbourhoods! Schedule your viewing today. (id:63159)

Values & Trends

This listing

$465/sqft

Building average

No other active listings in this building

Lower Mission average

$446/sqft

7 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.

Nearby Schools

SchoolTypeDistance
Okanagan Mission SecondaryElementary200 m
Bellevue Creek ElementaryElementary353 m
Anne McClymont ElementaryElementary567 m
Dorothea Walker ElementaryElementary786 m
Lakeside School Kelowna(Independent)Elementary1.2 km
de l'Anse-au-sableK-121.8 km
Canyon Falls Middle SchoolMiddle2.0 km
Chute Lake ElementaryElementary3.3 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$520.70
Total monthly cost$5,940.10
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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