Kelowna Real Estate - Buying or Selling what you need to know?

Looking at buying or investing in real estate in Kelowna? There really is no better place to start your journey than by finding out what this great city has to offer. The southern interior of British Columbia is a beautiful place to live with incredible views, stunning landscapes, and a whole host of activities for you to enjoy. Kelowna real estate is a hot item and retains its value very well with residents choosing to live and settle down here.

The Okanagan Valley is ripe with opportunity for those who wish to find their next home next to the water. The Okanagan Lake helps maintain a temperate climate all year round. The homes here range from the affordable to the opulent, with every style represented around the city. Find out more about Kelowna, the housing opportunities here, and what makes this one of the most enviable places to live in all of Canada. Read on to learn more.

What’s So Special About Kelowna Real Estate?

Kelowna is one of the most stunning places to live in British Columbia. You escape the hustle of the big cities like Vancouver and Victoria. You also enjoy incredible landscapes next to the water. There really is a lot that Kelowna and the Okanagan Valley offers that other cities can’t compete with.

The city itself has a population nearing 200,000 people with a high majority living near the metropolitan area of the city. The city has existed since its official incorporation in 1905 and has rapidly grown to the size it is today. We see a high percentage of residents living here between the ages of 40-64 with ages skewing higher than elsewhere in the province. The vast majority of newcomers to the city moved here from the province while one-third of the new population comes from other parts of Canada. Kelowna’s growth rate has always eclipsed that of British Columbia as a whole

There are over 88,000 dwellings in the city, over half of them listed as single-family detached homes. The next largest majority of homes are found in apartments, row houses, or semi-attached homes. The average home here has 4 or fewer people living in the dwelling with very few families over 5 people per home. The average income of the population is a total household income of around $70,000-90,000 for the region, higher in the metropolitan areas. Although predominantly Canadian, there are many ethnicities represented here in the city. Dozens of languages are spoken in the household and many newcomers to the city have a community of people they can associate with when they arrive. Most of the residents in the city, over two-thirds as of the last census, have been 3rd-generation Canadians or greater.

What does Kelowna Real Estate offer?

The community of Kelowna does offer quite a bit of opportunity, covering a wide landscape of options. The city itself borders both sides of Lake Okanagan with communities on either side of the water giving you different choices to enjoy.

Starting with downtown Kelowna, the proximity to the centre of the city gives young professionals and residents a chance to live next to the action. Lower Missions really hits the highlights of the city, giving you world-class shopping, lifestyle, and access to the best of the rest of the city. Upper Mission is hugely popular as a residential district, giving you a sense of privacy about your home. Looking for great views? This is also where you should be looking.

Glenmore is more residential in feel with a large number of single-family homes found here. You’ll discover that families love to live in this area for its great schools and easy transit options.

You can’t look at Kelowna real estate without looking for something on the water. On the far side of the lake, West Kelowna is a sprawling area that gives you prime locations and great access o the best wineries in the region. Have a look at the incredible housing choices in Lakeview Heights, one of the premium locations in the entire Okanagan Valley.

But if you want to head inland a bit, you’ll find that communities like Rutland are more your style. This suburban paradise is safe, welcoming, and offers plenty of options to the outdoor lovers. Even further out, Black Mountain gives you plenty of country living while still have great access to the rest of Kelowna. Real estate here is hotly desired and sells quickly to the right buyer.

Communities like the Glenmore Highlands or Magic Estates provide you with mountaintop living, unspoiled views across the water and the entire valley. You also have tracks and trails to explore all throughout the region as well. There really is something for everyone here.


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Kelowna Info

 • Type: Elected city council

 • Body Kelowna City Council

 • Mayor: Colin Basran

 • MP: Stephen Fuhr

 • MLAs: Steve Thomson, Norm Letnick

Area

 • City:  211.82 km2 (81.78 sq mi)

 • Metro:  2,904.86 km2 (1,121.57 sq mi)

Elevation: 344 m (1,129 ft)

Population:  127,380

 • Density: 601.3/km2 (1,557/sq mi)

 • Urban: 151,957

 • Metro: 194,882

Time zone: UTC-8 (Pacific Time Zone)

Kelowna Lifstyle

Those who live in Kelowna know that there is something special about the place. The outdoors plays heavily into the options for activities here, so those who seek out Kelowna real estate are already watching for opportunities to get outside and play in nature.

The Okanagan Lake is always number one on anybody’s list of things to do in Kelowna. Boating and swimming are naturally the number one activities, and the lake is always full of people enjoying the fresh cool water.  

Golfing is a major draw to the region. Warm temperatures and fertile land make for excellent courses all around the area that have extended hours in the season. Look out for The Kelowna Golf and Country Club, the Okanagan Golf Club, and Two Eagles Golf Course. Every single hole has dramatic backgrounds and incredible views.

Alternatively, hit the wineries of the region, one of the reasons for Kelowna real estate’s popularity. There are over 40 wineries in the Kelowna area alone. Mission Hill Family Estate Wines and Quails’ Gate Winery are top choices for sampling the best of what the southern interior has been producing.  

Shopping is very good here with locations like Orchard Park Shopping Centre, Towne Centre Mall, and Mission Park Shopping Centre giving everyone an opportunity to find the best deals in town. And with a number of smaller local shops, hit up the downtown district for more examples of the best in the city. The intersection of KLO and Pandosy Roads is another hub of shopping in the city, finding unique stores.

Restaurants are practically the main industry of the city with top-notch eateries found in the downtown district. Look out for every type of dining venues with different ethnic foods represented. And of course, they all feature the best wines of the region as their house wines.

Kelowna Real Estate and Schools

Finding a home in this city isn’t just about browsing the listing of real estate. Kelowna has to offer more than that. The schools of the city have great reputations. Depending on where you live, you have your choice of elementary and high schools that offer education you can be proud of.

Elementary schools like Aberdeen Hall, St Joseph, and Kelowna Christian Elementary rank very well in the province and highest in the whole city. They have hundreds of students that receive valued education in classrooms that cater to their learning needs.  

The high school choices of the region include Okanagan Mission Secondary and Kelowna Secondary, both in the top 50 high schools of all of British Columbia. You can find your choice of streams to cater to advanced courses, the arts, and competitive athletic programs

What Are My Real Estate Prospects in Kelowna?   

As it stands, the choices in Kelowna real estate are very healthy. You’ll find that living here exceeds your desires and gives you more than you bargained for. Choose the style of dwelling you’d like in a community that is welcoming and friendly. Nothing is too far away to drive, and the best amenities are always just minutes away from where you live. Find something on the water, near the hub of downtown, or with room to grow for your family. Kelowna real estate is the gem of BC and we gladly welcome you to your next home here.