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$1,075,000

525 McDonald Road

Rutland North, Kelowna · MLS® 10393430

3 bed · 1 bath · 1,676 sq ft · 0 sq ft lot · 0 parking

House · Single Family · built 1962 · 96 days on market

Listed by Mathieu Bedard, eXp Realty (Kelowna)

Presenting a development opportunity to acquire one, several, or all 4 strategically located properties in one of Kelowna's fastest-growing urban corridors. This offering provides exceptional flexibility for developers pursuing projects of varying scale with up to approximately 33,100 sq. ft, FAR up to 2.6 and 6 storey based height, the potential for a significant multifamily development is right here. Future residents will enjoy convenient access to UBC Okanagan, Kelowna International Airport, schools, parks, shopping, restaurants, and major transportation corridors, making this an ideal location for future residential development.

Type: House, Single Family
Bedrooms: 3
Bathrooms: 1
Living area: 1,676 sq ft
Lot: 0 sq ft
Parking: 0
Year built: 1962
Property tax: $4,241 / yr
Days on market: 96
MLS®: 10393430

2026 assessment: $787,000 · asking is +37%
Price per sq ft: $641 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$5,037/mo

Mortgage $4,684 · Tax $353

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

estimated payment

$4,684/ monthly

loan $860,000

25-year amortization

down payment20% · $215,00020%+ 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: $545,102
property transfer tax: $19,500; BC general rate
cash to close: $234,500; down + PTT
total paid: $1,405,102

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.

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