22 Ch. de la Pointe-de-la-Michel, Saint-Donat, Quebec, J0T2C0 Canada, is listed on Sotheby’s for a dollar less than $1M. (Sotheby’s International Realty)

The price of a loft in Kelowna can get you an acre, lakefront mansion in Quebec

The average price of Kelowna homes sold in July was over $1m

A 1,665 square foot loft on Ellis Street in downtown Kelowna is listed for a $998,000 on Sotheby’s International Realty. For almost two thousand dollars more, you could buy a 1.3445 acre lakefront mansion in Saint-Donat, Quebec, listed on the same website.

The Quebec home, listed at $999,999, is about $20,000 short of the July 2019 average cost of a new home in Kelowna, which is $1,020,655, according to Canada Mortgage and Housing Corporation (CMHC).

The 30-year-old Quebec home has three bedrooms, two baths on 58,568.35 square feet of land, described as ‘intimate’ and ‘private’ on the listing and overlooking ‘one of the most beautiful lakes in Quebec’, Lake Archambault.

READ MORE: Blow, bucks and BMWs seized in Alberta bust with Kelowna ties

READ MORE: Kelowna ninth most expensive city for rent in Canada, report says

The Ellis Street loft was designed by a Vancouver interior designer, featuring 18ft ceilings, two-storey windows and three private patios overlooking Kelowna’s arts and culture district.

According to CMHC, out of 57 single family/semi-detached homes sold in Kelowna in July 2019, the cheapest 20 per cent were sold for $729,000. The most expensive was $1.5m, with a median price of $1.1m.



David Venn
Reporter, Kelowna Capital News
Email me at david.venn@kelownacapnews.com
Follow us on Facebook | Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

 

401-1289 Ellis Street, Kelowna, B.C. is listed on Sotheby’s for $998,000. (Sotheby’s International Realty)

Just Posted

Cameron James is celebrating the recent release of his second single, Voodoo. He is pictured in downtown Kelowna, his hometown. (Phil McLachlan - Capital News)
Journey begins for Kelowna hip-hop artist

Artist Cameron James and filmmaker Jordan Powers proof talent doesnt stop at west coast

(Contributed - City of West Kelowna)
City of West Kelowna to consider endorsing Smith Creek project

Smith Creek neighbourhood plan proposes 900+ housing development on 154 hectares

École de l’Anse-au-sable. (Google Maps)
15 cases of COVID-19 tied to Kelowna Francophone school outbreak

Three other schools in Kelowna are also dealing with potential exposure events

There has been COVID-19 exposures at two elementary schools in District 42. (Image courtesy CDC)
Interior Health reports 24 additional COVID-19 cases

This includes three school exposures in Kelowna

Provincial health officer Dr. Bonnie Henry arrives for briefing on the COVID-19 situation, B.C. legislature, Oct. 26, 2020 (B.C. government)
B.C. records 217 more COVID-19 cases, mask use urged

Infection spike continues, 21 senior facilities affected

A structure fire was reported in Eagle Rock Mobile Home Park in Armstrong Tuesday, Oct. 27, 2020. (Contributed)
UPDATE: Home destroyed in North Okanagan mobile home park fire

Large structure fire broke out at 9 p.m. Tuesday, Oct. 27

The duffel bags were found to contain 84 pounds of cocaine, valued at approximately $1.2 million and 198 pounds of methamphetamine, valued at approximately $960,000. Photo courtesy U.S. Customs and Border Protection.
2 men accused of fleeing border agents near U.S.-B.C. border with $2M in drugs

Cocaine and methamphetamine seized by U.S. law enforcement in remote Idaho area near Canadian border

Pixabay photo
‘Horrific’ abuse of volunteers, staff by parents must stop: Chilliwack soccer club

Parents have become abusive after being told COVID-19 rules, email says

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

FILE – The Queen of Alberni ferry leaves the Tsawwassen Ferry Terminal in Delta bound for Vancouver Island, Sunday, July 29, 2007. (CP PHOTO/Richard Lam) CANADA
Mechanical failure leaves nearly 200 passengers stranded on BC Ferries ship for hours

A tug arrived after dark to safely nudge the vessel into a berth so travellers could finally disembark

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Ridge Meadows RCMP (Black Press)
Maple Ridge X-ray tech convicted of sexual assault dating back 30 years

Allen James Brooks is expected to be sentenced in January 2021

Nicole Bell, one of the women missing from the Shuswap, has been missing since Sept. 2, 2017. (Photo contributed)
Mother implores people to not forget daughter missing in Shuswap

The birthday of Nicole Bell, one of four women missing in region, is fast approaching

Most Read