Property Type: Detached HouseOwnership: Freehold

816 Leon Avenue

Kelowna, BC V1Y6J8

$679,000

2 bed1 bath1,848 sqftBuilt 1948
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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
$4,169.54

Interior

Heating
Other
Fireplace
None

Room Dimensions

RoomLevelDimensions
Living roomMain level' x '
Full bathroomMain level
BedroomMain level' x '
Primary BedroomMain level' x '
KitchenMain level' x '

Listing Information

MLS®
10391300
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

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

Description

Located in the heart of downtown Kelowna, this charming home offers an increasingly rare opportunity to secure a sizeable property in one of the city's most walkable and desirable neighbourhoods. Surrounded by mature trees and established homes, the property combines the character of a traditional residential setting with the convenience of downtown living. The home is currently tenanted and situated on a generous lot with ample outdoor space to enjoy today while providing flexibility for the future. Just moments from the waterfront, restaurants, shopping, parks, and everyday amenities, the location continues to be highly sought after by homeowners and investors alike. As downtown Kelowna continues to evolve, the property also presents long-term potential for future redevelopment. For those seeking a larger opportunity, the neighbouring property is also available and may be purchased together as a potential land assembly totaling approximately 0.34 acres. Buyers are encouraged to complete their own due diligence regarding redevelopment possibilities and municipal requirements. Whether you're looking for a home, a holding property, or a strategic long-term investment in a prime downtown location, this property offers exceptional flexibility and future potential. All measurements and square footage have been taken from BC Assessment and should be independently verified if important. (id:63159)

Values & Trends

This listing

$367/sqft

Building average

No other active listings in this building

Kelowna North average

$761/sqft

28 active listing(s)

Parking: Not indicatedStorage 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

56

7/9 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
Central School ProgramsK-12394 m
Central SecondarySecondary394 m
St Joseph Elementary School(Independent)Elementary577 m
The Balsam School(Independent)Elementary941 m
A S Matheson ElementaryElementary1.1 km
Bankhead ElementaryElementary1.2 km
Raymer ElementaryElementary2.2 km
Kelowna SecondarySecondary2.3 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

Restaurants (5+)

  • Naked Cafe · 571 Lawrence Avenue398 m
  • Mekong Fresh Asian Cuisine · 1030 Harvey Avenue463 m
  • Boston Pizza · 545 Harvey Avenue475 m
  • Kinton Ramen481 m
  • Soban Korean Bistro · 530 Bernard Avenue557 m

Cafes (5+)

  • Starbucks411 m
  • The Nook Cafe + Bar · 567 Bernard Avenue440 m
  • Mad Mango Café · 551 Bernard Avenue493 m
  • Blend Bites Kelowna546 m
  • Continental Breakfast563 m

Grocery (2)

  • Safeway · 697 Bernard Avenue312 m
  • Nester's Market · 1111 Lawson Avenue675 m

Parks (3)

  • Knowles Heritage Park182 m
  • Rowcliffe Park · 1850 Richter Street479 m
  • Martin Park509 m

Gyms (3)

  • Move & Flow · 589 Lawrence Avenue369 m
  • SPIN co · 410 Bernard Avenue704 m
  • BarreRoom · 410 Bernard Avenue706 m

Pharmacies (4)

  • Shoppers Drug Mart · 597 Bernard Avenue392 m
  • Pharmasave593 m
  • Paragon Pharmacy689 m
  • Pharmasave · 505 Doyle Avenue723 m

Banks & ATMs (5+)

  • Canadian Western Bank372 m
  • Beem Credit Union · 598 Bernard Avenue424 m
  • TD · 1633 Ellis Street566 m
  • RBC Royal Bank573 m
  • First West Credit Union · 507 Bernard Avenue597 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$543,200.00
Periodic payment — Principal & Interest (monthly)$3,504.54
Additional monthly expenses (strata, tax, utilities, etc.)$439.46
Total monthly cost$3,944.00
Interest paid over 5-yr term$155,682.68
Balance at end of term$488,610.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,891.39

Cash Needed at Closing

Minimum down payment$42,900
Estimated BC PTT$11,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,980

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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