Property Type: TownhouseOwnership: Strata

10505 Elliot Street Unit# 1

Summerland, BC V0H1Z0

$699,000

3 bed3 bath4 parking2,091 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$424/mo
Annual property tax
$3,640.79

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Street

Restrictions & Policies

Pets
Not allowed
Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
4pc BathroomBasement
Utility roomBasement16'3'' x 17'2''
BedroomBasement15'10'' x 18'1''
StorageBasement3'8'' x 3'9''
DenBasement8'7'' x 11'5''
Recreation roomBasement16'0'' x 28'7''
4pc Ensuite bathMain level
3pc BathroomMain level
BedroomMain level10'3'' x 13'7''
Primary BedroomMain level13'7'' x 15'3''
OfficeMain level11'6'' x 12'5''
KitchenMain level10'8'' x 12'9''
Living roomMain level13'1'' x 14'9''
FoyerMain level5'8'' x 8'5''

Listing Information

MLS®
10396824
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

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

Description

Excellent opportunity to own in one of Summerland's most desirable retirement developments. Heritage Court is just steps to shopping downtown, Veterans Square, and Memorial Park. This beautifully maintained home features 9-foot ceilings with crown moulding, hardwood & tile flooring, gas fireplace, and an open-concept design filled with natural light. The spacious kitchen offers stainless steel appliances, solid surface counters, ample cabinetry, and seamless flow into the dining and living areas. The main level includes two bedrooms plus a den, highlighted by a generous primary suite with a walk-in closet and an updated ensuite. Step outside to the private covered patio, perfect for relaxing or entertaining. The fully finished lower level provides excellent space for family and guests with an additional bedroom, full 4-piece bathroom, family room, hobby room, and utility room. Plenty of storage space on each level. Age 55+, no pets and no short-term rentals permitted. Don’t miss out on this exceptional low-maintenance property in a premium central location. (id:63159)

Values & Trends

This listing

$334/sqft

Building average

No other active listings in this building

Main Town average

$337/sqft

8 active listing(s)

Parking: 4 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

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

6/9 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
Summerland Montessori School(Independent)Elementary315 m
Summerland SecondaryK-12454 m
Unisus Senior School(Independent)Secondary2.3 km
Unisus Junior School(Independent)Elementary2.3 km
Trout Creek ElementaryElementary5.3 km
Naramata ElementaryElementary6.6 km
West Bench ElementaryElementary11.6 km
Queens Park ElementaryElementary13.0 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

Cafes (2)

  • The Beanery Cafe · 13016 Victoria Road North154 m
  • Sunflower Café · 13229 Victoria Road North342 m

Grocery (1)

  • Nesters Market · 13604 Victoria Road North440 m

Parks (5+)

  • Memorial Park147 m
  • Unnamed352 m
  • Unnamed390 m
  • Summerland Museum Park398 m
  • Anglican Churchyard Cemetery & Park506 m

Gyms (1)

  • Summerland Aquatic and Fitness Centre · 13205 Kelly Avenue365 m

Pharmacies (2)

  • Pharmasave401 m
  • Shoppers Drug Mart457 m

Banks & ATMs (1)

  • Cascadia Credit Union · 13601 Victoria Road North396 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$832.40
Total monthly cost$4,440.17
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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