Property Type: Detached HouseOwnership: Freehold

8514 Sun Valley Road

Kelowna, BC V1P1J3

$1,179,000

4 bed2 bath3 parking2,240 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
10.7 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,570

Interior

Basement
Full
Heating
Baseboard heaters, Stove, Electric, Wood
Fireplace
Yes (2)
Fireplace type
Wood, Conventional
Flooring
Carpeted, Ceramic Tile, Vinyl

Exterior & Lot

Exterior features
Other

Building

Foundation
Preserved Wood
Roof
Asphalt shingle, Unknown

Parking

Total spaces
3 — covered indicated
Features
Attached Garage, Detached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Recreation roomBasement15'3'' x 19'2''
Laundry roomMain level7'9'' x 15'5''
3pc BathroomMain level4'7'' x 11'0''
4pc BathroomMain level5'0'' x 9'7''
KitchenMain level11'0'' x 12'0''
Dining roomMain level11'4'' x 14'5''
Living roomMain level15'5'' x 16'8''
BedroomMain level9'0'' x 11'0''
BedroomMain level9'6'' x 11'0''
BedroomMain level11'0'' x 11'0''
Primary BedroomMain level11'8'' x 12'10''
OtherBasement12'0'' x 60'0''
Wine CellarBasement4'7'' x 11'0''

Listing Information

MLS®
10362704
Listed
September 11, 2025
Time on market
On the market for 354 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

PRICE REDUCED! Your 3000 sq ft home (700 sq ft unfinished) with 4 beds and 2 baths on 10.7 acres is a private country oasis nestled in the Joe Rich Valley, only 15 minutes to town and 30 minutes to Big White Ski Resort. This property backs onto crown land with trails for hiking, quadding and snowshoeing. Nothing beats wood heat with a new main stove downstairs and an upstairs accent stove keeping you cozy in the coldest of winters. Relax in total privacy in your hot tub on the larger of 2 decks that overlooks a beautiful garden space with a firepit and sheds and mountains in the distance. The deer fenced vegetable garden has a greenhouse for your tomatoes and peppers. Pick your berries outside your back door. Park your car in the garage attached to the house or in the large (1350 sq ft) 2 car garage and shop. In addition there is a new water pump 3 years ago producing clean water and lots of it for the underground irrigation and the newer hot water tank. Enjoy the cozy heated bathroom floors, the new kitchen and dining room flooring and the many triple pane windows. Fast fibre optic internet connection. Solar potential on the South facing slope. Country living at its best! (id:63159)

Values & Trends

This listing

$526/sqft

Building average

No other active listings in this building

Joe Rich average

$621/sqft

16 active listing(s)

Parking: 3 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
Black Mountain ElementaryElementary10.5 km
Rutland ElementaryElementary12.6 km
South Rutland ElementaryElementary12.8 km
Ellison ElementaryElementary13.0 km
Rutland Senior SecondaryElementary13.1 km
Belgo Elementary SchoolElementary13.3 km
Rutland Middle SchoolMiddle13.3 km
Okanagan Christian School(Independent)K-1213.8 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% ($92,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$943,200.00
Periodic payment — Principal & Interest (monthly)$6,085.21
Additional monthly expenses (strata, tax, utilities, etc.)$409.50
Total monthly cost$6,494.71
Interest paid over 5-yr term$270,323.83
Balance at end of term$848,411.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,351.73

Cash Needed at Closing

Minimum down payment$92,900
Estimated BC PTT$21,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,980

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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