Property Type: Condo / ApartmentOwnership: Strata

1055 Lawrence Avenue Unit# 102

Kelowna, BC V1Y6M3

$399,900

2 bed2 bath1 parking1,368 sqftBuilt 1993
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Amenities

Concierge

Also listed: Storage - Locker, Recreation Centre, Party Room

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$512/mo
Annual property tax
$2,339.36

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed, Allowed with restrictions
Rentals
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
StorageMain level8' x 4'
Laundry roomMain level4'11'' x 7'10''
BedroomMain level10'6'' x 11'3''
3pc BathroomMain level
4pc Ensuite bathMain level
Primary BedroomMain level11' x 23'1''
SunroomMain level8'5'' x 12'11''
DenMain level8'5'' x 15'
KitchenMain level10'5'' x 13'
Dining roomMain level8'10'' x 9'2''
Living roomMain level13'3'' x 18'1''

Listing Information

MLS®
10387382
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

Welcome to The Marquis, a 55+ community in a central Kelowna location. This corner suite is one of the largest floor plans in the building and offers 2 bedrooms, a den, 2 bathrooms, and a sunroom for year-round use. The living room features a gas fireplace and large windows for plenty of natural light. The kitchen offers ample cabinetry and workspace, with a separate dining area for everyday living and entertaining. Additional features include in-suite laundry, central vacuum, secure underground parking, and extra storage. The building is well maintained with landscaped grounds and a strong sense of community. Located steps from Mediterranean Market and a few blocks from Capri Centre, with downtown Kelowna just a short bike ride away. Restaurants, breweries, wineries, beaches, and transit are all nearby. Pet restrictions are 1 dog up to 20"" at shoulders and max 50LBS and/or 2 cats. (id:63159)

Values & Trends

This listing

$292/sqft

Building average

$325/sqft

1 active listing(s)

Kelowna North average

$700/sqft

157 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 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
Central SecondarySecondary754 m
Central School ProgramsK-12754 m
St Joseph Elementary School(Independent)Elementary789 m
Bankhead ElementaryElementary861 m
A S Matheson ElementaryElementary1.0 km
The Balsam School(Independent)Elementary1.3 km
Glenmore ElementaryElementary2.1 km
Kelowna SecondarySecondary2.3 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 (5+)

  • Mekong Fresh Asian Cuisine · 1030 Harvey Avenue139 m
  • Swan Pizza192 m
  • Ricky's227 m
  • De Dutch265 m
  • Vintner's Grill348 m

Cafes (3)

  • Continental Breakfast114 m
  • Starbucks207 m
  • Gong Cha244 m

Grocery (2)

  • Nester's Market · 1111 Lawson Avenue237 m
  • Peter's Your Independent Grocer · 1835 Gordon Drive527 m

Parks (5+)

  • Knowles Heritage Park385 m
  • Martin Park407 m
  • Mary Ann Collinson Memorial Park589 m
  • Richmond Park616 m
  • Bankhead Park721 m

Gyms (2)

  • GoodLife Fitness542 m
  • Invati Yoga+Wellness790 m

Pharmacies (1)

  • Paragon Pharmacy214 m

Banks & ATMs (1)

  • BMO300 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 1055 Lawrence Avenue

View building profile →
Built 1993

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$774.83
Total monthly cost$2,838.84
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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