Property Type: Condo / ApartmentOwnership: Strata

1055 Lawrence Avenue Unit# 202

Kelowna, BC V1Y6M3

$474,900

2 bed2 bath1 parking1,460 sqftBuilt 1993
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Amenities

Also listed: Storage - Locker

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
$2,365.23

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Brick, Stucco
View
Mountain view

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Restrictions apply
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
Laundry roomMain level7'11'' x 4'11''
FoyerMain level14'7'' x 6'7''
3pc BathroomMain level8'6'' x 7'11''
BedroomMain level10'5'' x 10'5''
4pc Ensuite bathMain level9'1'' x 4'11''
Primary BedroomMain level23'1'' x 11'0''
SunroomMain level8'6'' x 12'11''
DenMain level8'6'' x 14'10''
Dining nookMain level3'11'' x 4'1''
Dining roomMain level8'10'' x 9'1''
KitchenMain level10'5'' x 12'
Living roomMain level17'11'' x 12'10''

Listing Information

MLS®
10383876
Listed
April 17, 2026
Time on market
On the market for 136 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Step into bright, beautiful, move-in ready living at The Marquis, a well-maintained and well-managed 55+ community in walkable downtown Kelowna. This substantially renovated 1,460 sq. ft. suite offers an ideal layout for downsizing without giving up space, featuring 2 bedrooms, 2 bathrooms, and a versatile den/flex space perfect for an office, hobby room, or quiet sitting area. Updated in 2023, the home offers a spacious kitchen with stainless steel appliances, generous living and dining areas, in-unit laundry, a built-in vacuum, a cozy gas fireplace, and an enclosed sunroom with lovely mountain views. Secure underground parking and a very large private storage locker add everyday convenience. Residents enjoy a strong community feel with shared amenities that include a workshop, a secure bike area, a games room with billiards, table tennis, shuffleboard, and a card room, plus a third-floor common room for social gatherings. The location is fantastic — a short walk to shops, services, restaurants, transit, Capri Centre, cultural amenities, and approximately 15 minutes to the waterfront. Pet-friendly with restrictions, The Marquis offers comfortable 55+ community living in a safe, central location close to downtown and the future renewed Parkinson Recreation Centre. A truly inviting place to call home (id:63159)

Values & Trends

This listing

$325/sqft

Building average

$292/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

12°C

Clear

Humidity 88%

Wind ENE 5 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 SecondarySecondary753 m
Central School ProgramsK-12753 m
St Joseph Elementary School(Independent)Elementary790 m
Bankhead ElementaryElementary859 m
A S Matheson ElementaryElementary1.0 km
The Balsam School(Independent)Elementary1.2 km
Glenmore ElementaryElementary2.1 km
Kelowna SecondarySecondary2.4 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 Avenue142 m
  • Swan Pizza197 m
  • Ricky's232 m
  • De Dutch270 m
  • Vintner's Grill353 m

Cafes (3)

  • Continental Breakfast119 m
  • Starbucks212 m
  • Gong Cha248 m

Grocery (2)

  • Nester's Market · 1111 Lawson Avenue235 m
  • Peter's Your Independent Grocer · 1835 Gordon Drive532 m

Parks (5+)

  • Knowles Heritage Park382 m
  • Martin Park403 m
  • Mary Ann Collinson Memorial Park594 m
  • Richmond Park619 m
  • Bankhead Park722 m

Gyms (2)

  • GoodLife Fitness546 m
  • Invati Yoga+Wellness795 m

Pharmacies (1)

  • Paragon Pharmacy213 m

Banks & ATMs (1)

  • BMO305 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$379,920.00
Periodic payment — Principal & Interest (monthly)$2,451.11
Additional monthly expenses (strata, tax, utilities, etc.)$781.98
Total monthly cost$3,233.10
Interest paid over 5-yr term$108,886.16
Balance at end of term$341,739.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,745
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.22

Cash Needed at Closing

Minimum down payment$23,745
Estimated BC PTT$7,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,743

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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