Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

741 Yorkville Street

Kelowna, BC V1V0A9

$1,135,000

7 bed4 bath7 parking2,967 sqftBuilt 2018
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.19 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,365

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Vinyl

Exterior & Lot

Exterior features
Brick, Other
View
City view, Mountain view, Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
7 — covered indicated
Features
Attached Garage, Other, Rear, Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomAdditional Accommodation12'7'' x 10'1''
Laundry roomBasement3'5'' x 8'0''
KitchenAdditional Accommodation8'5'' x 12'1''
BedroomBasement12'2'' x 10'0''
BedroomBasement9'1'' x 12'1''
4pc BathroomBasement5'0'' x 8'0''
Living roomBasement15'3'' x 11'8''
KitchenBasement8'8'' x 10'3''
BedroomBasement9'11'' x 9'11''
BedroomBasement9'11'' x 9'11''
4pc BathroomBasement7'7'' x 8'3''
Primary BedroomMain level13'7'' x 12'11''
Laundry roomMain level15'2'' x 16'2''
KitchenMain level11'3'' x 14'5''
FoyerMain level15'11'' x 5'5''
Dining roomMain level12'2'' x 15'6''
BedroomMain level12'0'' x 10'6''
BedroomMain level10'9'' x 13'0''
4pc Ensuite bathMain level7'10'' x 7'11''
4pc BathroomMain level8'4'' x 4'11''

Listing Information

MLS®
10398718
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Exceptional investment opportunity just minutes from UBCO! This well-designed walkout rancher offers outstanding flexibility for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. The bright and spacious main level features 3 bedrooms, 2 full bathrooms, soaring ceilings, luxury vinyl plank flooring, and an open concept kitchen, dining, and living area filled with natural light. The primary suite includes a walk-in closet and full ensuite, while a dedicated laundry room, oversized double garage with mezzanine storage, and a large view deck complete the upper level. Downstairs you'll find a legal 2 bedroom, 1 bath suite plus a separate 2 bedroom, 1 bath in-law suite. The in law suite could easily be reconnected to the main residence if additional living space is desired. Both lower suites are occupied by excellent month to month tenants who would love to stay, while the main residence is vacant as of August 1, providing immediate possession for an owner or the opportunity to secure new market rents. Situated on a corner lot with low maintenance landscaping, this property offers abundant parking on both the upper and lower levels; a rare and highly sought after feature in this university neighborhood. Enjoy beautiful mountain and valley views, strong rental demand, and an unbeatable location close to UBCO, the airport, shopping, and major amenities. (id:63159)

Values & Trends

This listing

$383/sqft

Building average

No other active listings in this building

University District average

$403/sqft

34 active listing(s)

Parking: 7 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
Aberdeen Hall Preparatory School(Independent)K-12481 m
Dr Knox Middle SchoolMiddle2.5 km
North Glenmore ElementaryElementary2.5 km
Ellison ElementaryElementary3.5 km
Pearson Road ElementaryElementary3.6 km
Rutland Middle SchoolMiddle3.8 km
Watson Road ElementaryElementary4.0 km
Rutland Senior SecondaryElementary4.0 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: 7.8% ($88,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$908,000.00
Periodic payment — Principal & Interest (monthly)$5,858.11
Additional monthly expenses (strata, tax, utilities, etc.)$678.42
Total monthly cost$6,536.52
Interest paid over 5-yr term$260,235.41
Balance at end of term$816,748.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$88,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,047.22

Cash Needed at Closing

Minimum down payment$88,500
Estimated BC PTT$20,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$110,700

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.

Request more information