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For Sale · Kelowna · Kelowna South

$1,575,000

408 Royal Avenue, Kelowna

2,300

Size

About This Home

The details.

COMPETIVELY PRICED! With only steps to the beach and the trendy Pandosy Village, this rare development site is strategically located directly across from the Kelowna General Hospital making it an impressive income producing or holding property opportunity. It offers an unparalleled opportunity for up to 16 to 20 high demand residential units, mixed commercial or medical/hospital related uses. The .2 acre corner lot...

Summarizing the highlights...

MLS® 10376445Listing courtesy of Century 21 Assurance Realty LtdView on map Street view

Property Details

Facts & features.

Property type: Other
Size: 2,300 sqft
Lot size: 0 acres
Listed on: 2026-02-20
Days on market: 160
MLS number: 10376445
Data source: Association of Interior REALTORS®

Market intelligence

Statistics and history.

Days on market

160

Typical in Kelowna: 16 days

Kelowna median asking

$720K

1,133 active listings

Price per sqft

$685

Based on 2,300 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

131 new this week of 1,133 active listings in Kelowna, blended with typical days on market.

Where this price sits in Kelowna

$235KThis listing$1.6M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

Open in full map search

Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$7,366

$1,260,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$7,366

Cash flow

-$7,366

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Kelowna right now

1,133

Active listings

131

New this week

$719,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Malls + supermarkets: 28
Pharmacies + hospitals: 20
People in the immediate area: 388
Density per square km: 1,819
City population: 144,576
Median household income: $82,000

The neighbourhood

Kelowna South.

Sophisticated lakeshore living in the Pandosy District

Kelowna South is among the Okanagan's most desirable neighbourhoods, blending an unbeatable location with small-city sophistication and lakeshore living. It centres on the lively Pandosy District, next to Lower Mission and some of Kelowna's most popular beaches. Parks, restaurants and everyday conveniences abound, and Kelowna General Hospital is right here.

The Pandosy District offers a walkable mix of shops and restaurants, with Orchard Park Mall a brief drive away.

Pandosy Road and Lakeshore Road connect the neighbourhood to downtown and Highway 97, with the waterfront easily walkable.

Full Kelowna South guide

Median asking price: $774,900
Median price: $556/sqft
Active listings: 123
Shops nearby: 28
Parks: 205

77Doorstep Score

JULY's own measure of how much daily life sits within a short walk of this address.

Pharmacy 3 min walk
Bus stop 4 min walk
Park 5 min walk
Groceries

The Neighbourhood

Living in Kelowna.

Household and demographic stats for Kelowna, from the Statistics Canada 2021 Census.

144,576
Population (2021): 42.4
Median age: 62,210
Households: 2.3
Avg household size: 64.7%
Home ownership: $82,000
Median household income

Kelowna neighbourhood guide Full census profile Kelowna market trends

The immediate block around this home (right here): about 388 residents in 194 homes, 1,819 people/km² (urban).

Source: Statistics Canada 2021 Census, Kelowna, City (CY); block-level figures from dissemination area 59350202.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

7.5of 10
St Joseph Elementary School
870 m
independent · elementary
Rank 325 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 7.5 · Rank 325/1,272
- 2024/2025 · elementary · Score 6.5 · Rank 449/1,269
- 2023/2024 · elementary · Score 7.1 · Rank 373/1,267
6.8of 10
Raymer Elementary
1.1 km
public · elementary
Rank 409 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 6.8 · Rank 409/1,272
- 2024/2025 · elementary · Score 3.5 · Rank 831/1,269
- 2023/2024 · elementary · Score 4.2 · Rank 729/1,267

Similar homes

Nearby homes like this one.

$1,980,000
1481 Richmond Street, Kelowna

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.