Property Type: Detached HouseOwnership: Freehold

7255 Dunwaters Road

Kelowna, BC V1Z3W4

$1,199,900

3 bed3.5 bath12 parking2,998 sqftBuilt 2018
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.35 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,540

Interior

Heating
Heat Pump
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Propane, Unknown

Exterior & Lot

Exterior features
Concrete, Wood, Other
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
12 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
DenMain level13'10'' x 10'6''
BedroomBasement13'4'' x 13'4''
Partial bathroomMain level5'8'' x 5'1''
OfficeMain level13'0'' x 10'6''
Great roomMain level18'10'' x 16'6''
Games roomBasement15'4'' x 18'6''
Full bathroomBasement10'0'' x 7'0''
BedroomBasement13'4'' x 12'8''
Full bathroomMain level9'3'' x 14'0''
Primary BedroomMain level13'2'' x 15'8''
KitchenMain level8'0'' x 10'0''

Listing Information

MLS®
10379923
Listed
March 18, 2026
Time on market
On the market for 166 days
Data last synced
August 28, 2026

Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.

Description

Luxury 3,000 sq ft Executive Rancher — Spectacular Full Lake Views, Triple Garage, RV Parking. This home offers an exceptional opportunity to enjoy luxury living for 1/2 the price. A modern, generously sized executive rancher offering unbeatable value that, at this price, just can't be recreated. It's a 3000 sq ft smart home that blends luxury, space, and functionality into a very neat package that requires absoluetly nothing to start enjoying it's comforting attributes. Situated on a beautifully landscaped .35ac, gated lot that offers fabulous, full on lake views. Inside, you'll find soaring 13-ft ceilings, an open-concept layout, and a stunning gourmet kitchen with high-end finishes—perfect for both everyday living and entertaining. With 3 spacious bedrooms and 3 full bathrooms, including a luxurious primary suite, every detail is thoughtfully designed. Enjoy the convenience of a triple car garage, a 5-ft heated crawlspace for storage, and massive RV parking. A powder coated aluminum fence with remote gate provides privacy and security, while expansive lake views offer a peaceful backdrop. This is more than just a home—it's a superb lifestyle. All the pictures and videos won't do it justice, to fully appreciate how much this property has to offer, you NEED to see it in person. At this price, there’s simply nothing else like it. (id:63159)

Values & Trends

This listing

$400/sqft

Building average

No other active listings in this building

Fintry average

$526/sqft

30 active listing(s)

Parking: 12 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 SchoolElementary10.2 km
Davidson Road ElementaryElementary10.6 km
George Elliot SecondarySecondary13.4 km
HS Grenda Middle SchoolMiddle13.6 km
Peter Greer ElementaryElementary13.8 km
Okanagan Landing ElementaryElementary16.8 km
Ellison ElementaryElementary19.3 km
Clarence Fulton SecondaryElementary19.5 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: 7.9% ($94,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,920.00
Periodic payment — Principal & Interest (monthly)$6,193.08
Additional monthly expenses (strata, tax, utilities, etc.)$528.33
Total monthly cost$6,721.41
Interest paid over 5-yr term$275,115.83
Balance at end of term$863,451.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,496.37

Cash Needed at Closing

Minimum down payment$94,990
Estimated BC PTT$21,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,488

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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