Property Type: Detached HouseOwnership: Freehold

887 Loseth Drive

Kelowna, BC V1P0A8

$1,550,000

6 bed4.5 bath6 parking3,842 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.18 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,317

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

View
Mountain view
Pool
Inground pool

Parking

Total spaces
6 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
OtherBasement6'6'' x 16'11''
Laundry roomMain level8'3'' x 13'3''
Laundry roomBasement'0'' x '0''
Full bathroomAdditional Accommodation
BedroomAdditional Accommodation12'10'' x 15'8''
BedroomAdditional Accommodation9'11'' x 10'7''
Living roomAdditional Accommodation12'4'' x 15'11''
KitchenAdditional Accommodation9'1'' x 14'5''
3pc BathroomBasement
BedroomBasement10'7'' x 14'6''
BedroomBasement12'5'' x 14'6''
Recreation roomBasement11'11'' x 15'10''
FoyerMain level6'11'' x 21'6''
2pc BathroomMain level
BedroomMain level11'9'' x 11'0''
5pc Ensuite bathMain level10'6'' x 15'0''
Primary BedroomMain level12'4'' x 15'3''
Living roomMain level16'2'' x 18'2''
PantryMain level6'11'' x 8'5''
Dining roomMain level12'3'' x 14'6''
KitchenMain level12'3'' x 15'1''

Listing Information

MLS®
10397817
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.

Description

LUXURY LIVING | LEGAL 2-BEDROOM SUITE | PRIVATE HEATED POOL. Welcome to 887 Loseth Drive, where modern design, exceptional functionality, and outstanding income potential come together in one incredible package. Still like new, this beautifully finished home offers nearly 4,000 SQ FT of thoughtfully designed living space, perfect for families who want room to grow without compromising on style. The open-concept main level showcases premium finishes, a stunning chef-inspired kitchen with a butler's pantry, dedicated office (or 2nd bedroom), and an elegant primary retreat designed for relaxation. Downstairs offers 2 additional bedrooms, generous recreation space and full bath PLUS a fully self-contained legal 2 bed, 1 bath suite with its own entrance and laundry - ideal for generating rental income, accommodating extended family, or helping offset your mortgage. Step outside to your own private Okanagan retreat, where a heated in-ground pool, beautifully landscaped yard, and inviting outdoor living spaces create the perfect setting for entertaining or unwinding all summer long. Complete with a triple garage and located in the sought-after Black Mountain community, just minutes from golf, hiking, schools, wineries, and all the amenities of Kelowna, this is a rare opportunity to own a nearly new home that offers both an exceptional lifestyle and long-term value. (id:63159)

Values & Trends

This listing

$403/sqft

Building average

No other active listings in this building

Black Mountain average

$410/sqft

48 active listing(s)

Parking: 6 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

4

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
Black Mountain ElementaryElementary1.3 km
South Rutland ElementaryElementary2.2 km
Belgo Elementary SchoolElementary2.6 km
Rutland ElementaryElementary2.7 km
Rutland Senior SecondaryElementary2.9 km
Rutland Middle SchoolMiddle3.2 km
Okanagan Christian School(Independent)K-123.2 km
Quigley ElementaryElementary3.4 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 (1)

  • Lund Park760 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($310,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,240,000.00
Periodic payment — Principal & Interest (monthly)$8,000.06
Additional monthly expenses (strata, tax, utilities, etc.)$801.75
Total monthly cost$8,801.81
Interest paid over 5-yr term$355,387.56
Balance at end of term$1,115,384.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$310,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$310,000
Estimated BC PTT$29,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$340,500

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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