Property Type: Detached HouseOwnership: Freehold

979 Loseth Drive

Kelowna, BC V1P0A8

$1,749,900

8 bed6 bath6 parking4,917 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.18 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,250.71

Interior

Basement
Full
Heating
Heat Pump, Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Hardwood

Exterior & Lot

Exterior features
Stucco, Metal
View
Mountain view, Valley view, View (panoramic)

Building

Roof
Tar & gravel, Vinyl Shingles, Unknown

Parking

Total spaces
6 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
BedroomAdditional Accommodation12'7'' x 11'3''
Living roomAdditional Accommodation14'11'' x 11'3''
KitchenAdditional Accommodation9'0'' x 14'9''
Full bathroomAdditional Accommodation6'3'' x 11'7''
Laundry roomLower level4'4'' x 2'11''
BedroomAdditional Accommodation13'5'' x 13'11''
Full ensuite bathroomLower level8'5'' x 8'2''
BedroomLower level11'10'' x 13'10''
MediaLower level19'11'' x 15'7''
Full bathroomLower level11'9'' x 8'4''
BedroomLower level11'11'' x 12'0''
Recreation roomLower level19'9'' x 10'11''
BedroomLower level11'6'' x 12'11''
Full bathroomLower level2'4'' x 11''
Family roomLower level17'11'' x 20'3''
Full bathroomMain level4'10'' x 8'9''
BedroomMain level12'0'' x 12'6''
BedroomMain level12'5'' x 10'11''
FoyerMain level7'11'' x 20'7''
Full ensuite bathroomMain level10'11'' x 9''
Primary BedroomMain level14'11'' x 13'10''
Living roomMain level25'0'' x 20'5''
Dining roomMain level12'10'' x 9'11''
KitchenMain level15'2'' x 12'5''
PantryMain level9'2'' x 10'10''
Laundry roomMain level10'11'' x 9'8''

Listing Information

MLS®
10392445
Listed
June 29, 2026
Time on market
On the market for 63 days
Data last synced
August 28, 2026

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

Description

Crafted without compromise, this extraordinary brand-new Black Mountain residence offers nearly 5,000 sq.ft. of luxurious living space with panoramic valley views, exceptional craftsmanship, and designer finishes throughout. The expansive open-concept main floor is anchored by a stunning chef's kitchen with quartz countertops, premium appliances, and a fully equipped prep kitchen featuring a second full-size oven and refrigerator. Offering eight bedrooms and six bathrooms, the thoughtfully designed layout provides exceptional flexibility for families of all sizes. The luxurious primary suite features a spa-inspired ensuite and an impressive walk-in wardrobe. Rich hardwood flooring, striking black marble accents, and timeless finishes create an elegant yet inviting atmosphere. Every detail has been carefully considered, from illuminated feature walls, motion-sensor stair lighting, illuminated closet shelving, and a glowing driveway to the comprehensive video security system. The dedicated theatre room is fully equipped with custom lighting and blackout capabilities for an exceptional movie experience. A legal two-bedroom suite offers excellent mortgage helper or multigenerational living potential, while the layout also allows for a second in-law suite. An oversized triple garage with epoxy flooring, an over-height bay door, and energy-efficient Step Code 4 construction complete this remarkable home. Located in desirable Black Mountain, you're minutes from Black Mountain Golf Club, parks, schools, hiking and biking trails, and only a short drive to Big White Ski Resort. Luxury, flexibility, and outstanding income potential come together in one exceptional home. Price +GST (id:63159)

Values & Trends

This listing

$356/sqft

Building average

No other active listings in this building

Black Mountain average

$411/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 ElementaryElementary1.2 km
South Rutland ElementaryElementary2.3 km
Belgo Elementary SchoolElementary2.6 km
Rutland ElementaryElementary2.8 km
Rutland Senior SecondaryElementary3.0 km
Okanagan Christian School(Independent)K-123.1 km
Rutland Middle SchoolMiddle3.2 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 Park645 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,399,920.00
Periodic payment — Principal & Interest (monthly)$9,031.81
Additional monthly expenses (strata, tax, utilities, etc.)$766.89
Total monthly cost$9,798.70
Interest paid over 5-yr term$401,221.10
Balance at end of term$1,259,232.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,980
Stress test qualifying rate8.09%
Payment you must qualify for$10,764.89

Cash Needed at Closing

Minimum down payment$349,980
Estimated BC PTT$32,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,478

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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