Property Type: Land / LotOwnership: Freehold

952 Ackerman Court

Kelowna, BC V1X7L2

$399,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,789.49

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)

Listing Information

MLS®
10382738
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

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

Description

Rare builder opportunity on Ackerman Road in a family friendly neighbourhood. This walkout lot sits at the end of a quiet cul-de-sac, surrounded by established homes, mature landscaping, and impressive views of the lake, city, vineyards, and mountains. At just over .20 acres, the property offers a versatile blank canvas for a custom residence, with excellent potential to design upward and maximize sightlines. Minutes from Black Mountain amenities this is a perfect combination for those looking for an escape from city living yet only minutes away. This lot combines privacy, views, and strong build appeal in one of Kelowna’s hidden pockets with long-term upside. Services include water, sewer, Natural Gas, electricity which are available at the lot line, providing a straight forward path to development. (id:63159)

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
South Rutland ElementaryElementary1.6 km
Black Mountain ElementaryElementary1.6 km
Belgo Elementary SchoolElementary1.8 km
Okanagan Christian School(Independent)K-122.2 km
Rutland ElementaryElementary2.5 km
Quigley ElementaryElementary2.5 km
Rutland Senior SecondaryElementary2.5 km
Rutland Middle SchoolMiddle2.7 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: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$149.12
Total monthly cost$2,208.49
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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