Find New Homes for Sale Kelowna in These Up-And-Coming Neighbourhoods

Kelowna is growing fast – so fast, that in 2024, Canada was labelled as one of the quickest-growing cities in Canada. But while everyone’s heard about the usual places to buy real estate like Downtown, Glenmore, and the Upper Mission, there are a few neighbourhoods that don’t get as much attention. If you’re on the hunt for new homes for sale Kelowna, you might want to look beyond the usual suspects. Some areas are quietly gaining traction and are worthy places to invest before prices match the rest of the city. Below, we’ll highlight the best features of each neighbourhood to help you find the perfect place to buy your next investment property, family home, or vacation spot before real estate in these areas gets snapped up!

The University District is Kelowna’s Fastest Growing Neighbourhood!

When you think of Kelowna’s University District, you probably picture students shuffling between classes at UBCO. But this area is maturing into a lot more than a congregation of students. Over the past few years, the district has seen a huge uptick in new residential developments, making it an exciting place to buy.

Developers here specifically cater to students and working professionals, so you can expect to find a lot of condos, townhomes, and homes with suites. With the expansion of UBCO and new commercial spaces popping up near the airport, the area is becoming popular. It’s close to the airport, shopping plazas, and hiking trails, making it a convenient choice for young people and families.

Another big draw is that prices are still reasonable compared to other parts of Kelowna. While demand is increasing, it’s still more affordable than the Upper Mission or Lower Mission. Plus, with more people working remotely, the appeal of living in a quieter, but still well-connected area is growing. If you’re thinking long-term, the University District is a smart bet.

There are Lots of New Homes for Sale Kelowna Near Gyro Beach

Who doesn’t want to live near the beach? Kelowna’s Gyro Beach area has always been a popular place to hang out with friends and family, but it’s only recently that we’ve seen new developments starting to pop up. Homes near Gyro offer all the perks of lakeside living with amenities similar to those found downtown.

Gyro Beach itself is a Kelowna staple. It’s one of the best places in town to spend a summer day, with sandy shores, paddleboarding, and beach sports courts. The nearby plaza is home to a brewery, ice cream parlour, burger joint, and cafe.

The housing market here is shifting, too. New condos are making the area more accessible for buyers who want to live near the lake. Investors are also taking notice, as the proximity to both the lake and downtown makes it a great location for long-term rental potential.

Condos in new developments like Movala are selling quickly, so you’ll want to act fast!

Black Mountain is Affordable and Close to Big White

If you’re looking for a family-friendly neighbourhood that’s still within reach of downtown Kelowna, Black Mountain is worth a look. Located on the eastern side of the city, this area has great views of Kelowna, large lots, and easy access to outdoor recreation.

One of Black Mountain’s biggest draws is affordability. While prices in areas like the Upper Mission continue to climb, Black Mountain still offers new homes for sale in Kelowna at a more reasonable price. Whether you’re interested in a single-family home or a townhouse, you’ll find more value for your money here.

But affordability isn’t the only thing driving buyers to the neighbourhood. The area has great schools, parks, and quick access to both downtown and Big White Ski Resort. If you love skiing or snowboarding, you’ll appreciate how easy it is to hit the slopes in the winter. In the summer, Black Mountain Golf Club is worth visiting, offering a scenic course with views of the lake and city.

McKinley Beach is Home to Luxurious New Homes for Sale Kelowna

If you’re keen to live on the lake but don’t want to deal with the busyness of downtown or the Lower Mission, McKinley Beach could be the perfect fit. This newly developed community offers waterfront properties, modern architecture, and a quieter neighbourhood.

McKinley Beach is all about lifestyle. With a private marina, hiking trails, and a community centre, it’s like no other neighbourhood in the city. McKinley Beach has been designed sustainably and integrated with the outdoors.

Another bonus is that it’s surprisingly only a short drive to downtown Kelowna and the airport, making it convenient for full-time residents and vacation homeowners. The area is still developing, which means prices are more reasonable than other lakefront communities, but they won’t stay that way forever. As more people discover McKinley Beach, demand will only grow.

Find Your Next Home in Kelowna’s Up-and-Coming Neighborhoods

The University District, Gyro Beach area, Black Mountain, and McKinley Beach each offer investment potential. If you’re considering buying a home in 2025, now is the time to explore these up-and-coming areas before they hit the mainstream. Want to see what’s available? Contact our team today to find the best new homes for sale in Kelowna that fit your criteria. Be sure to check out our social media for real estate updates, news and contests!