Property Type: Condo / ApartmentOwnership: Leasehold / Strata

1040 Talasa Court Unit# 3202

Kamloops, BC V2H0C4

$408,000

2 bed2.5 bath1 parking770 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$473/mo
Annual property tax
$2,300

Interior

Heating
Other, Geothermal
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
DenMain level7' x 12'
BedroomMain level9' x 9'
Primary BedroomMain level10' x 10'
Living roomMain level11' x 11'
KitchenMain level10' x 12'
2pc BathroomMain level
4pc BathroomMain level

Listing Information

MLS®
10383838
Listed
April 16, 2026
Time on market
On the market for 137 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Westwin Realty · Data source: CREA DDF.

Description

Excellent value in this beautifully appointed 2 bedroom + den, 2 bathroom condo in the sought-after Paloma building at Talasa, located in the heart of the Sun Rivers community. This well-designed home offers a bright open-concept layout with quality finishes throughout, including a large kitchen island, feature lighting, and custom organizers for efficient storage. The gourmet kitchen features granite countertops and stainless steel appliances, seamlessly connecting to the spacious living and dining areas perfect for both everyday living and entertaining. Step out to the extra-large covered balcony and take in sweeping mountain views, an ideal space to relax or host guests in all seasons. The spacious primary bedroom includes a full ensuite, while the second bedroom and versatile den provide flexible options for guests, a home office, or additional living space. Additional highlights include upgraded Samsung in-suite laundry and energy-efficient geothermal heating and cooling for year-round comfort. Located just minutes from downtown Kamloops, Sun Rivers offers a unique lifestyle with golf, dining, and extensive walking trails right at your doorstep, along with ongoing community growth adding to long-term appeal and convenience. The building features secure entry, elevator access, underground parking, and a storage locker. Rentals and pets allowed—an excellent opportunity for homeowners and investors alike. (id:63159)

Values & Trends

This listing

$530/sqft

Building average

$570/sqft

3 active listing(s)

Sun Rivers average

$559/sqft

13 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

4/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sk'elep School of Excellence(Independent)Elementary516 m
Ralph Bell Elementary SchoolElementary1.3 km
Valleyview SecondarySecondary1.9 km
Ecole Lloyd George ElementaryElementary2.5 km
South Kamloops SecondarySecondary2.8 km
Kamloops School of the ArtsK-122.9 km
First Baptist Classical Academy of Kamloops(Independent)K-122.9 km
Marion Schilling ElementaryElementary3.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (4)

  • Pizza Hut · 1020 Talasa Way155 m
  • Wasabi Modern Kitchen · 1020 Talasa Way166 m
  • Mason's · 1000 Clubhouse Drive271 m
  • Yaki Joe's Gormet Pizza · 302 Yellowhead Highway601 m

Cafes (4)

  • Riverbrew Cafe · 1020 Talasa Way152 m
  • Starbucks · 302 Southern Yellowhead Highway379 m
  • Tim Hortons572 m
  • Starbucks573 m

Grocery (1)

  • Sweláps Market · 302 Southern Yellowhead Highway690 m

Pharmacies (1)

  • Chief Louis Pharmacy · 302 Yellowhead Highway627 m

Nearby places data: © OpenStreetMap contributors.

School district: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$326,400.00
Periodic payment — Principal & Interest (monthly)$2,105.82
Additional monthly expenses (strata, tax, utilities, etc.)$703.67
Total monthly cost$2,809.49
Interest paid over 5-yr term$93,547.18
Balance at end of term$293,597.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,400
Stress test qualifying rate8.09%
Payment you must qualify for$2,980.51

Cash Needed at Closing

Minimum down payment$20,400
Estimated BC PTT$6,160
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,060

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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