1 / 12
Legal suiteNew build

$1,799,000

245 Turnberry Street Lot# 8

Beds

7

Baths

7.1

Sqft

Year

2026

About this home

Proudly presented by WESCAN HOMES – This brand-new luxury residence offers breathtaking panoramic views of the lake, city, orchards, mountains, and even the airport runway! Perfectly designed for multigenerational living, this exceptional home sits on a quiet cul-de-sac in the sought-after Blue Sky community, just minutes from the golf course. Thoughtfully crafted, this modern grade-level entry walk-up spans three impressive levels and features 4800+ sqft, 5 bedrooms, 5.5 bathrooms, plus a self-contained 2-bedroom rental suite with a private entrance—ideal for extended family or added income. Main Level: A spacious 3-car garage (tandem bay), bedroom/office, full bath, storage, mechanical room, and the bright 2-bedroom legal suite. Second Level: The heart of the home with an open-concept great room and expansive front deck, a gourmet kitchen plus spice kitchen, dining area, covered back patio, laundry room, two bedrooms with private ensuites, a powder room, and a lavish primary suite with spa-inspired ensuite, and a massive walk-in closet. Third Level: An entertainer’s dream—featuring a guest suite with full bath (second primary option), a sprawling rec room with games area, a wet bar with island, and seamless flow to a rooftop deck where stunning views can be enjoyed from sunrise to sunset. Currently at the rough-in stage—buyers can still choose all interior finishes and create their dream home! (id:65958)

Subtype
Single Family
Lot size
0.19 acres
MLS#
10376734
Area
KELOWNA
Negative cash flow ~$1,723/mo at these assumptions

Cash on cash

-5.75%

Cap rate

4.74%

GRM

13.9

Break-even rent

$12,613

Financing

Down payment$359,800
Loan amount$1,439,200
Mortgage$8,829/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825
Insurance$80
Maintenance$1,499
CapEx reserve$750
Vacancy loss$540

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,829/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.