Property Type: Detached HouseOwnership: Freehold

748 Traditions Crescent

Kelowna, BC V1V2Y2

$1,525,999

6 bed5.5 bath5 parking5,819 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.23 acres
Frontage
79 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,104.67

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Hardwood, Carpeted, Vinyl

Exterior & Lot

Exterior features
Other
View
City view, Lake view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement7'1'' x 6'2''
KitchenBasement14'1'' x 14'8''
Living roomBasement7'5'' x 15'4''
BedroomBasement12' x 9'8''
BedroomBasement12' x 9'7''
OtherMain level9'4'' x 9'2''
OtherMain level6'5'' x 8'11''
BedroomMain level10'9'' x 11'2''
Primary BedroomMain level19'1'' x 17'1''
5pc Ensuite bathMain level13' x 13'3''
BedroomMain level17'2'' x 13'2''
3pc BathroomMain level8'7'' x 8'3''
2pc BathroomMain level6' x 5'3''
Dining roomMain level18'11'' x 12'2''
Dining nookMain level7'10'' x 10'9''
KitchenMain level13'1'' x 10'9''
Laundry roomMain level7'6'' x 9'5''
PantryMain level5'6'' x 8'11''
Living roomMain level19'1'' x 16'9''
FoyerMain level6'11'' x 15'11''
OtherBasement13'8'' x 21'5''
3pc BathroomBasement6'2'' x 13'
BedroomBasement14'7'' x 13'
Wine CellarBasement3'11'' x 6'3''
StorageBasement8'9'' x 16'6''
MediaBasement22'7'' x 22'11''
OtherBasement17'9'' x 16'6''

Listing Information

MLS®
10396893
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

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

Description

This stunning custom-built home in the Glenmore area offers the ultimate in luxury living and investment potential. Featuring 6 bedrooms, 5 bathrooms, and over 5,800 sq ft of meticulously designed living space with 2 separate suites, this property is perfect for multi-generational living or income generation. The open-concept main floor features soaring 18-foot vaulted ceilings and walls of windows that flood the space with natural light while showcasing unobstructed panoramic views of the lake, mountains, and city. The gourmet kitchen is a chef's dream with stainless steel appliances including a 6-burner gas range, massive island with granite countertops, and elegant cherrywood cabinetry. Entertain in style in the dining and living areas featuring a cozy gas fireplace, or step out onto the massive 40-foot deck to soak up the sun and savor the views. The oversized primary bedroom features a walk-in closet and a spa-like 5-piece ensuite with heated floors. In the basement, discover a full media room with wet bar, spacious family room, wine cellar, and ample additional storage. The lower level includes two separate suites, each with independent entrance and parking, a fully contained 2-bedroom suite in one wing and a 1-bedroom in-law suite in the other. Additional highlights include parking for 4+ vehicles plus RV/boat storage, steps to Knox Mountain hiking and biking trails, less than 5 minutes to downtown Kelowna, and close proximity to shops and restaurants. (id:63159)

Values & Trends

This listing

$262/sqft

Building average

No other active listings in this building

Glenmore average

$635/sqft

61 active listing(s)

Parking: 5 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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 ElementaryElementary881 m
Bankhead ElementaryElementary1.2 km
Watson Road ElementaryElementary1.7 km
The Balsam School(Independent)Elementary2.2 km
Central SecondarySecondary2.7 km
Central School ProgramsK-122.7 km
St Joseph Elementary School(Independent)Elementary2.8 km
A S Matheson ElementaryElementary3.0 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.

Nearby Places

Parks (3)

  • Sonora Park249 m
  • Hartwick Park674 m
  • Caro Park702 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($305,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,220,799.00
Periodic payment — Principal & Interest (monthly)$7,876.18
Additional monthly expenses (strata, tax, utilities, etc.)$966.39
Total monthly cost$8,842.57
Interest paid over 5-yr term$349,884.50
Balance at end of term$1,098,112.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$305,200
Stress test qualifying rate8.09%
Payment you must qualify for$9,387.52

Cash Needed at Closing

Minimum down payment$305,200
Estimated BC PTT$28,520
Legal / closing costs (typical estimate)$1,500
Total cash needed$335,220

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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