House
$731,222
27% less per sq ft975 Neptune Road
Rutland South, Kelowna124 days on market
3 bd3 ba2,190 sq ft
MLS® 103902501 / 9
$849,999
955 Mitchell Road Unit# 2
Rutland South, Kelowna · MLS® 10402694
4 bed · 5 bath · 2,022 sq ft · 2 parking
Townhouse · Single Family · built 2026 · 2 days on market
Listed by Tim Stanfield, REMAX Kelowna
Realtor's description
FIRST TIME BUYERS MAY BE EXEMPT FROM GST & PTT FOR THESE NEW 4 BEDS + DEN & 5 BATHROOMS (WHERE EVERY BEDROOM HAS A FULL ENSUITE) PLUS DOUBLE ATTACHED GARAGE TOWNHOMES. Welcome to 955 Mitchell Road, a family-friendly townhome complex where large footprint (approximately 2,000 sq. ft.) quality homes offer unmatched finishings and layouts for this price-point. There will be a total of 24 units in 4 phases, 955 Mitchell is phase 1 and there will be 6 contemporary units available in 2027. There will be two colour packages to choose from. There is an appliance package and a window-covering package included. Each unit will have a 4-foot crawlspace for extra storage. Assignments are allowed by the developer, and prices will be + GST. This is an excellent family neighbourhood with a short walk or drive to the Greenway, parks, shopping, restaurants, public transit, recreational centre, and many schools (Pearson Elementary, Rutland Middle, Rutland Senior Secondary, Studio 9 School of the Arts, Flex Academy, Rutland Learning Centre, South Rutland Elementary, Springfield Middle, Springvalley Elementary, Quigley Elementary, Belgo Elementary, Okanagan Christian School). The development location is a 10 to 15-minute drive to downtown Kelowna. The development itself is located on Mitchell Road which is a quiet urban street backing onto school fields.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 5
- Living area
- 2,022 sq ft
- Parking
- 2
- Year built
- 2026
- Property tax
- $3,796 / yr
- Days on market
- 2
- MLS®
- 10402694
Features
- Level lot
- Balcony
- Family Oriented
Floor plans
Found among the listing photos.
Monthly cost
$4,020/mo
Mortgage $3,703 · Tax $316
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
If you rented it out
- Rent
- $2,713/mo
- After all costs
- −$1,699/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $3,703 · tax $316 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Kelowna (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
Rutland South, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Springvalley Elementaryhomes in this catchment
1.5 km away · 350 Ziprick Rd, Kelowna · 250-870-5111
- Middle Springvalley Middlehomes in this catchment
1.5 km away · 350 Ziprick Rd, Kelowna · 250-870-5111
- Secondary Rutland Secondaryhomes in this catchment
2.6 km away · 715 Rutland Rd N, Kelowna · 250-870-5109
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.
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