Property Type: Land / LotOwnership: Freehold

Lot 1 Hwy 33 Highway E

Kelowna, BC V1P1H3

$890,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
45.61 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,823

Interior

Fireplace
None

Exterior & Lot

View
River view, Valley view, Ravine view, View (panoramic)
Waterfront
Waterfront on creek

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10360917
Listed
September 2, 2025
Time on market
On the market for 363 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

45.61 ACRES WITH PANORAMIC VALLEY VIEWS! Located approx 10 minutes drive east of Kelowna on HWY 33 EAST this beautiful property offers privacy and several easy building sites with beautiful valley views! This property has approx 18 - 20 acres of cleared land with a gentle slope & SW exposure. There is plenty of room to build your dream home, run some horses, livestock and have a hobby farm. This property has designated building areas highlighted on Covenant survey plan. The property also has a large frontage on Daves Creek. Fortis Power is available. The property is zoned ALR - LH which will permit 2 homes under certain conditions specified under the Regional District Central Okanagan LH Zoning Bylaw. GST is applicable on the sale of this property. (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
Black Mountain ElementaryElementary4.9 km
South Rutland ElementaryElementary7.7 km
Rutland ElementaryElementary7.9 km
Belgo Elementary SchoolElementary8.0 km
Rutland Senior SecondaryElementary8.3 km
Okanagan Christian School(Independent)K-128.4 km
Rutland Middle SchoolMiddle8.5 km
Quigley ElementaryElementary8.7 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: 7.2% ($64,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$712,000.00
Periodic payment — Principal & Interest (monthly)$4,593.58
Additional monthly expenses (strata, tax, utilities, etc.)$151.92
Total monthly cost$4,745.50
Interest paid over 5-yr term$204,061.25
Balance at end of term$640,446.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,351.65

Cash Needed at Closing

Minimum down payment$64,000
Estimated BC PTT$15,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,300

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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