Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

7141 Dunwaters Road

Kelowna, BC V1Z3W5

$949,000

5 bed3 bath11 parking2,704 sqftBuilt 2018
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.34 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,532.96

Interior

Heating
Heat Pump, Stove, Wood, Other
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Pellet, Stove
Flooring
Laminate
Appliances
Refrigerator, Oven - Electric, Dishwasher, Oven - Built-In, Hood Fan, See remarks, Washer & Dryer, Water Heater - Electric

Exterior & Lot

Exterior features
Other
View
Mountain view
Lot features
Level lot, Private setting, Central island, Balcony

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Septic tank
Parcel ID (PID)
008-581-371

Parking

Total spaces
11 — covered indicated
Features
Attached Garage, RV, Oversize, Heated Garage, Additional Parking

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Full bathroomAdditional Accommodation
Living roomAdditional Accommodation12'3'' x 13'2''
Living roomAdditional Accommodation12'5'' x 10'11''
OtherAdditional Accommodation5'7'' x 7'7''
KitchenAdditional Accommodation12'3'' x 12'
KitchenAdditional Accommodation12'5'' x 12'
OtherAdditional Accommodation5'3'' x 9'3''
FoyerLower level6'3'' x 12'3''
BedroomAdditional Accommodation12'4'' x 11'2''
BedroomAdditional Accommodation4' x 9'5''
Full bathroomAdditional Accommodation6'5'' x 7'4''
Primary BedroomMain level11'2'' x 12'6''
KitchenMain level12'7'' x 11'7''
Living roomMain level12'6'' x 25'1''
Dining roomMain level12'7'' x 13'10''
Primary BedroomMain level12'5'' x 11'2''
Primary BedroomMain level11'3'' x 12'9''
Full bathroomMain level9'2'' x 12'3''

Listing Information

MLS®
10398795
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 29, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Are you seeking a comfortable home with real income potential? Look no further... Upper level: spacious open-concept living with a large kitchen, living and dining rooms, 3 bedrooms, 1 bath, and a private balcony with stairs to the backyard. In-floor heat, pellet stove and heat pump keep it comfortable year-round. Mountain views, quiet and relaxing neighbourhood. The lower level offers two fully furnished guest areas, each with a private entrance, 3-pc bath, bedroom, TV lounge, dining area, cabinets, sink, fridge, dishwasher and microwave, plus direct backyard access. All short-term-rental furnishings, linens, coffee makers, dishes and supplies included. Built to B&B standards, previously licensed, with sound-insulated ceilings and fire-code drywall separating them from the main home and each other. Good potential to convert one area to a legal suite. The 854 sq ft 3-car garage has epoxy floors, heat pump, hot/cold water and a 30-amp EV outlet. The RARE flat, fully fenced yard offers smart irrigation, power gate opener, shed and RV/boat parking. Septic upgraded in 2023 to support short-term rental use. A smartphone-controlled, roof-mounted wildfire sprinkler adds peace of mind. Whether you seek a luxurious home, unbeatable income potential, or both – this property delivers. (id:63159)

Values & Trends

This listing

$351/sqft

Building average

No other active listings in this building

Fintry average

$528/sqft

30 active listing(s)

Parking: 11 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

12°C

Clear

Humidity 88%

Wind ENE 5 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
Oyama Traditional SchoolElementary10.3 km
Davidson Road ElementaryElementary10.5 km
George Elliot SecondarySecondary13.3 km
HS Grenda Middle SchoolMiddle13.5 km
Peter Greer ElementaryElementary13.7 km
Okanagan Landing ElementaryElementary17.1 km
Ellison ElementaryElementary19.6 km
Clarence Fulton SecondaryElementary19.8 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$512.75
Total monthly cost$5,410.85
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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