474 Valley Road, Kelowna

Laundry room - 474 Valley Road, Kelowna, BC V1V2E5 Photo 1

2 Photos

Bedroom - 474 Valley Road, Kelowna, BC V1V2E5 Photo 2
  • Bedrooms: 4
  • Bathrooms: 1
  • Living area: 2173 square feet
  • MLS®: 10305863
  • Type: Residential
  • Added: 55 days ago

Property Details

Opportunity to purchase a large land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.05), which allows 6-storey apartments, Townhomes/apartment combo or the possibility for mixed commercial. There are multiple developments underway in this area. Walking distance to all amenities, convenience stores, Save on Food, Banks, Starbucks, Tim Hortons, Dollar Store, McDonald and roughly 10 minutes drive to Downtown, UBCO, and Airport. (Total 7 homes included in this assembly - 444/450/456/462/468/474 Valley Rd,1990 Raisanen Rd) (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Cooling: Central air conditioning
  • Heating: See remarks
  • Stories: 1
  • Year Built: 1974
  • Living Area: 2173
  • Photos Count: 2
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 006-475-078
  • Bedrooms Total: 4
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Carport
  • Tax Annual Amount: 3968.93
  • Lot Size Dimensions: 0.28
Room Dimensions
Type Level Dimensions
Laundry room Basement 8'5'' x 19'
Bedroom Basement 11'2'' x 14'6''
Family room Basement 18' x 24'3''
Bedroom Main level 11'2'' x 14'6''
Dining room Main level 8'7'' x 11'5''
Full bathroom Main level 7' x 5'
Bedroom Main level 8'8'' x 10'1''
Primary Bedroom Main level 12' x 13'8''
Kitchen Main level 8'3'' x 14'9''
Living room Main level 13' x 18'9''
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Nearby Places

Name Type Address Distance
Tim Hortons Cafe 1936 Kane Rd 0.3 km
Knox Mountain Park There are 10 trails in the park of varying length ... 2.7 km
Poppadoms - Taste India! Restaurant 948 McCurdy Rd #118 3.0 km
Apple Bowl Stadium Stadium 1555 Burtch Rd 3.1 km
Apple Bowl Besides hosting field events, it has a rubberized ... 3.1 km
JOEY KELOWNA Bar 2475 British Columbia 97 3.1 km
Cactus Club Cafe Restaurant 1575 Banks Rd 3.2 km
Holiday Inn Express Kelowna Conference Centre Lodging 2429 Hwy 97 N 3.3 km
Benvoulin Benvoulin is a neighbourhood in the City of Kelown... 3.3 km
Boston Pizza Bar 2339 British Columbia 97 3.4 km
Denny's Restaurant 2130 Harvey Ave 3.4 km
White Spot Kelowna Restaurant 2190 Harvey Ave 3.4 km
Similar Houses Stat in Kelowna
We have found 6 Houses that closely match the specifications of the property located at 474 Valley Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,195,000 and 1,599,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1V2E5 postal code area of Kelowna British Columbia Canada.
474 Valley Road mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 474 Valley Road. The current price of the property is $1,699,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,359,999. This would result in a monthly mortgage payment of $7,950 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 55
University / Above bachelor level 10
Certificate of Qualification 10
College 70
University degree at bachelor level or above 75

Neighbourhood Marital Status Stat

Married 335
Widowed 170
Divorced 70
Separated 15
Never married 100
Living common law 65
Married or living common law 400
Not married and not living common law 360

Neighbourhood Construction Date

1961 to 1980 20
1981 to 1990 40
1991 to 2000 310
2001 to 2005 85
2006 to 2010 60
Comparison of 474 Valley Road, Kelowna, BC with Nearby Houses
Nearby Cities Listings Avg. price
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Summerland Real Estate 138 $1.362.587
Naramata Real Estate 78 $1.379.462
Penticton Real Estate 624 $792.158
Lumby Real Estate 93 $945.215
Vernon Real Estate 861 $831.686
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Mission Real Estate 303 $1.296.290
Chilliwack Real Estate 555 $1.062.434
Maple Ridge Real Estate 674 $1.478.969
Abbotsford Real Estate 688 $1.400.450
Langley Real Estate 1000 $1.832.851
Surrey Real Estate 2539 $1.623.029
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