1 / 16

$1,150,000

390 Asher Road

Rutland North, Kelowna · MLS® 10393398

4 bed · 1 bath · 1,978 sq ft · 0 sq ft lot · 5 parking

House · Single Family · built 1964 · 96 days on market

Listed by Mathieu Bedard, eXp Realty (Kelowna)

Presenting an exceptional land assembly with amazing potential to build a multifamily 6 storey building and the opportunity to do a rental-purposed build. Located within 400 meters of a major transit exchange, this site qualifies for a based FAR of 2.5 with parking exemptions, enhancing development efficiency and affordability. With favorable zoning and strong population growth, the site is ideally positioned to meet Kelowna’s rising housing demand. Proximity to key amenities—including schools, shopping, parks, and UBCO this is a chance for developers and investors to capitalize on a high-density project in one of Kelowna’s fastest-growing urban neighborhoods.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 1
Living area: 1,978 sq ft
Lot: 0 sq ft
Parking: 5
Year built: 1964
Property tax: $5,112 / yr
Days on market: 96
MLS®: 10393398

Price per sq ft: $581 vs $414 median for houses in Rutland North for sale (89)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 96 days

Listed now: 71 days; median for 925 houses for sale; this one 96 days

Houses in Kelowna. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Central Okanagan School District 23

Elementary Springvalley Elementaryhomes in this catchment
Middle Rutland Middlehomes in this catchment
Secondary Rutland Secondaryhomes in this catchment

From the Central Okanagan School District 23's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$5,436/mo

Mortgage $5,010 · Tax $426

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,010/ monthly

loan $920,000

25-year amortization

down payment20% · $230,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $583,132
property transfer tax: $21,000; BC general rate
cash to close: $251,000; down + PTT
total paid: $1,503,132

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

Rutland North, KelownaGoogle Maps ↗