Featured Imagery

Exceptional Property

1978 McDougall Street, Kelowna

$4,498,000

null Bedrooms

null Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Vacant Land

Style

Other

Year Built

N/A

Square Footage

N/A

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

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Considered one of Kelowna’s most coveted lakeshore properties, this rare offering is available for the first time in 100 years! Spanning .44 acres, this 19,000+ sq ft lakeside parcel was once the site of one of Kelowna's original and grandest homes, lost in 2022. Now a blank canvas, it presents a unique opportunity to build your dream estate. Boast...

MLS Number

10332877

Listed By

Chamberlain Property Group

Last Updated

Apr 24, 2025, 3:51 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Vacant Land

Architectural Style

Other

Zoning

Unknown

Exterior & Surroundings

View Type

Lake view, Mountain view, Valley view, View of water, View (panoramic), Unknown

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 10332877

List Date

Jan 21, 2025, 8:28 p.m.

List Price

$4,498,000

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.