For Sale · Kelowna · Single Family

$1,400,000

420 Asher Road, Kelowna

Beds

Baths

2,016

Sq Ft

1964

Built

About This Home

The details.

Presenting an exceptional land assembly with amazing potential to build a 6 storey multifamily building and the opportunity to do a rental-purposed build. Located within 400 meters of a major transit exchange, this site qualifies for a based FAR of 2.5 with parking exemptions, enhancing development efficiency and affordability. With favorable zoning and strong population growth, the site is ideally positioned to meet Kelowna’s rising housing demand. Proximity to key amenities—including schools, shopping, parks, and UBCO this is a chance for developers and investors to capitalize on a high-density project in one of Kelowna’s fastest-growing urban neighborhoods. (id:66635)

Summarizing the highlights...

MLS® 10393427Listing courtesy of eXp Realty (Kelowna)View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1964
Size: 2,016 sqft
Lot size: 0.26 acres
Storeys: 1
Parking: 6 spaces
Listed on: 2026-07-03
Days on market: 12
MLS number: 10393427
Data source: Association of Interior REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$6,547

$1,120,000 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)

$6,547

Cash flow

-$6,547

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

Kelowna right now

583

Active listings

596

New this week

$779,000

Median asking price

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

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

Source: Statistics Canada 2021 Census, Kelowna, City (CY).

Schools

Nearby schools.

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

Rutland Middle School
public · elementary
610 m
Rutland Senior Secondary
public · secondary
680 m
South Rutland Elementary
public · elementary
1.1 km
Belgo Elementary School
public · elementary
1.3 km
Rutland Elementary
public · elementary
1.3 km
Studio 9 Independent School of the Arts
independent · k12
1.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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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.