Rutland South, Kelowna
Rutland South, Kelowna, British Columbia, V1X 3K2
Charming 3-Bedroom Family Home with LEGAL 2-Bedroom Suite - Prime Established Neighbourhood. Welcome to this well-maintained single-family home in one of the most desirable established neighbourhoods. Offering 3 bedrooms and 1 bathroom on the main level plus a fully legal 2-bedroom suite, w/ separate entrance & Laundr.This property is perfect for families or savvy investors looking for mortgage-helping income or extended family living. Beautiful hardwood floors that flow throughout the main living areas. Both bathrooms feature luxurious heated tiled floors. Outside, you’ll love the spacious covered deck, ideal for morning coffees, BBQs, or relaxing evenings. The huge backyard is a standout feature, complete with an irrigated lawn and mature trees for shade and privacy. Best of all, it backs onto a lane that leads directly to Belgo School — a rare convenience for families with children. Key Highlights: • Legal 2-bedroom suite (excellent income potential or extended family living) • Hardwood floors on the main level • Heated tile floors in both bathrooms • New Roof 2025, New SS Fridge • Spacious covered deck • Large, private backyard with irrigation • Safe & Sound Insulation between floors • New Blinds in Kitchen & Living Room • Solid Core Doors This turnkey home combines classic charm with practical features in a fantastic family-friendly location. Whether you’re looking for a comfortable family residence or a smart investment with built-in rental income.
At $373 per sq ft of finished area, it is listed in line with the $368 per sq ft median of the 928 detached homes that sold between $562K and $938K in the Central Okanagan over the last 12 months, and 3% below the $386 per sq ft median of the 382 listed in that range now.
382 active listings against 928 sales in a year is about 5 months of supply in this range, at the past year's pace. Those sales took a median 41 days and sold at a median 97.4% of their final list price.
Across Rutland South, 89 detached homes sold in the last 12 months at a median $742,500 ($361 per sq ft), in a median 43 days, at 97.3% of final list price; 41 are listed now.
On the market 22 days under this listing, reduced 3.2% from its original $775,000.
Association of Interior REALTORS® MLS® data, as of October 23, 2026. Sales are dated by accepted offer over the last 365 days. The price range is this list price plus or minus 25 percent, for the same kind of home in the same board area. Medians appear only where at least five properties qualify. Price per square foot uses total finished area, above and below grade together, so it is a check on price, not a valuation.
Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the City of Kelowna; ALR from the Agricultural Land Commission boundary; floodplains from the Province’s designated floodplain mapping, which is decades old and incomplete, so local governments set flood construction levels and the absence of a designation here is not a clearance. The lie of the land is measured from the Province's LidarBC 1 m bare-earth elevation model, flown in 2024, across the parcel itself; it reads the ground, not the buildings, so banks and retaining walls count as steep ground. None of this replaces a title search, a survey or confirmation with the local government, which is the authority on zoning.
Neighbourhood Access
Very good
A main grocery a 10-minute walk away; 13 restaurants and cafés within a 15-minute walk; a transit stop 6 minutes away; a park or trail 6 minutes away.
Neighbourhood Access is produced by A.L.I.C.E. from OpenStreetMap, BC Transit and BC school data, using network walking, cycling and transit distances from this address with an Okanagan terrain adjustment. We strive for accuracy, but the figures are indicative and should be independently verified.