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Investment signal

$1,998,000

354 Burne Avenue

Save this home

Beds

4

Baths

3

Sqft

Year

1945

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Discover a truly rare opportunity to live mere steps from the beach in one of Kelowna's most prestigious and sought-after neighbourhood. This is a lifestyle property where timeless architectural design seamlessly converges with modern, daily luxury. Tucked in a tranquil, private setting beneath mature trees. Every corner of this meticulously maintained home reflects a deep commitment to quality and care, creating a welcoming atmosphere of unparalleled warmth and versatility. The heart of the home is the custom Glen Canyon kitchen, crafted for both entertaining and functional daily use with gas range, natural stone countertops, and custom wood cabinetry. Elegant, refinished maple hardwood flooring unifies the main living spaces, complemented by thoughtful architectural details like crown moulding and tray ceilings, rich wood accents that lend a refined texture to the interiors. Adding exceptional value and living options is the fully self-contained, one-bedroom in-law suite featuring a private entrance—perfect for extended family, guests, or potential rental income. Outdoor living invites you to enjoy your morning coffee on the charming, covered front porch, sun-filled deck on the top floor or deck right outside the dining room which leads to a perfectly private yard with low-maintenance landscaping. Further enhancing the property’s utility and potential is the detached double garage/studio. Complete with 220-volt power and alley access, the current zoning allows for the construction of a carriage home. Ample parking ensures room for all vehicles, including boats or RVs. This is more than a home; it is a legacy property defined by an exceptional location that seldom comes to market, offering supreme walkability to the beach, schools, parks, and the dynamic restaurants and shops of Kelowna's vibrant downtown core. (id:65958)

Subtype
Single Family
Architectural style
Multi-level
Structure
House
Community
Kelowna South
Common interest
Freehold
Living area
2,932 square feet
Lot size
0.12 acres
Lot dimensions
0.12
Parking
4 total
Stories
3
Fireplace
1
On market
Apr 22, 2026
Status changed
Apr 22, 2026
Annual tax
$6,277.64
Photos
68
MLS#
10383755
Area
KELOWNA

Features and systems

Parking

Detached GarageCovered

Heating

Forced air

Cooling

Central air conditioning

Exterior

Wood

Flooring

HardwoodCarpetedPorcelain Tile

Roof

Vinyl ShinglesUnknown
Negative cash flow ~$2,092/mo at these assumptions

Cash on cash

-6.28%

Cap rate

3.61%

GRM

16.6

Break-even rent

$12,202

Financing

Down payment$399,600
Loan amount$1,598,400
Mortgage$8,099/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$916
Insurance$80
Maintenance$1,665
CapEx reserve$833
Vacancy loss$500

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $8,099/mo at 4.5% with 20% down, 30-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 22, 2026.

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