Property Type: Land / LotOwnership: Freehold

790 Cadder Avenue

Kelowna, BC V1Y5N6

$599,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,937

Interior

Fireplace
None

Listing Information

MLS®
10388376
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Okanagan · Data source: CREA DDF.

Description

Urban Development Opportunity! Walk to everything from this centrally located , flat 50 x 122 foot lot zoned TS1, city previously stated possible to build 4-6 units. Lot next door is also available and could be an interesting assembly. Lane access, steps to the beach, KGH, and both downtown Kelowna and the South Pandosy area it is a prime and desirable area. Original home from 1940 - roof is leaking and property manager states there has been recent issues with condensation and water ingress- this home is listed at land value only! Not Habitable, please contact your agent for more details. Showings only with an accepted offer due to mould issues. Area is rapidly developing with modern 4-6 unit dwellings all around. (id:63159)

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

2/9 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
St Joseph Elementary School(Independent)Elementary343 m
Central School ProgramsK-12543 m
Central SecondarySecondary543 m
A S Matheson ElementaryElementary568 m
Raymer ElementaryElementary1.3 km
Kelowna SecondarySecondary1.5 km
The Balsam School(Independent)Elementary1.8 km
KLO Middle SchoolMiddle1.9 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)

  • Millbridge Park540 m
  • Cameron Park · 2345 Richter Street542 m
  • Rowcliffe Park · 1850 Richter Street649 m

Pharmacies (1)

  • Remedy'sRx584 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$411.42
Total monthly cost$3,503.05
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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