1232 Ellis Street Unit# 506
Kelowna, BC V1Y0J6
$478,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $315/mo
- Annual property tax
- $2,039.68
Interior
- Heating
- Forced air, Electric
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Flooring
- Hardwood
Exterior & Lot
- View
- City view, Mountain view, Valley view, View (panoramic)
- Waterfront
- Other
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 14'9'' x 12'1'' |
| Kitchen | Main level | 11'6'' x 12'0'' |
| 4pc Bathroom | Main level | 5'0'' x 8'8'' |
| Bedroom | Main level | 8'4'' x 10'2'' |
| Primary Bedroom | Main level | 12' x 10'2'' |
Listing Information
- MLS®
- 10393126
- Listed
- July 3, 2026
- Time on market
- On the market for 59 days
- Data last synced
- August 28, 2026
Listing provided by: Realty One Real Estate Ltd · Data source: CREA DDF.
Description
LOCATION, LOCATION, LOCATION!** Welcome to downtown Kelowna living at its best. This bright and spacious 2-bedroom, 1-bathroom condo (second bedroom is a den bedroom) offers an open-concept layout in an unbeatable location just one block from the beach. Situated in the heart of Kelowna's vibrant Cultural District, you'll be steps from restaurants, shopping, entertainment, the casino, parks, and the waterfront. The home features soaring 9-foot floor-to-ceiling windows that flood the space with natural light, durable laminate flooring, a modern kitchen with stainless steel appliances, and a covered balcony perfect for enjoying your morning coffee or evening unwind. Built with concrete and steel construction for enhanced sound insulation, Ellis Parc also offers low strata fees, fitness center, and a residents' lounge with a full kitchen. Included are one secure underground parking stall and a storage locker. Vacant and available for quick possession, this is an excellent opportunity for first-time buyers, investors, or anyone looking to enjoy the ultimate downtown Kelowna lifestyle. (id:63159)
Values & Trends
This listing
$696/sqft
Building average
$694/sqft
1 active listing(s)
Kelowna North average
$698/sqft
157 active listing(s)
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
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
8/9 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
| School | Type | Distance |
|---|---|---|
| The Balsam School(Independent) | Elementary | 208 m |
| Central Secondary | Secondary | 1.4 km |
| Central School Programs | K-12 | 1.4 km |
| Bankhead Elementary | Elementary | 1.6 km |
| St Joseph Elementary School(Independent) | Elementary | 1.7 km |
| A S Matheson Elementary | Elementary | 2.3 km |
| Glenmore Elementary | Elementary | 2.8 km |
| Raymer Elementary | Elementary | 3.2 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+)
- Central Kitchen · 1155 Ellis Street144 m
- Nagano Sushi167 m
- Bouchons Bistro · Sunset Drive182 m
- Waterfront Wines Restaurant · 1180 Sunset Drive207 m
- Pizza Studio · 1360 Ellis Street372 m
Cafes (5+)
- Analog Coffee129 m
- J’s Cafe & Bistro145 m
- Chaibaba · 1289 Ellis Street147 m
- Eurobean Coffee322 m
- Bike Shop Cafe and Catering · 1357 Ellis Street397 m
Grocery (1)
- GetintheLoop Grocery · 1353 Ellis Street378 m
Parks (5+)
- Pioneer Garden265 m
- Waterfront Park315 m
- Recreation Avenue Park400 m
- Sunset Drive Park419 m
- Rotary Marsh Park548 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street367 m
Gyms (3)
- Life Aesthetics Online Coaching · 1435 Water Street604 m
- SPIN co · 410 Bernard Avenue768 m
- BarreRoom · 410 Bernard Avenue769 m
Pharmacies (1)
- Pharmasave · 505 Doyle Avenue530 m
Banks & ATMs (5+)
- Scotiabank · 488 Bernard Avenue766 m
- Unnamed768 m
- CIBC · 328 Bernard Avenue779 m
- Unnamed785 m
- Unnamed790 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.