Property Type: Condo / ApartmentOwnership: Strata

1289 Ellis Street Unit# 214

Kelowna, BC V1Y1Z6

$449,000

2 bed2 bath1 parking905 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$365/mo
Annual property tax
$2,264.92

Maintenance Fee Includes

WaterGarbageManagement

Also included: Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Brick
Waterfront
Other

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Stall

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level7'10'' x 6'9''
4pc BathroomMain level8'6'' x 5'9''
BedroomMain level11'7'' x 8'2''
Dining roomMain level12'5'' x 7'8''
KitchenMain level12'5'' x 7'5''
Living roomMain level11'9'' x 15'1''
Primary BedroomMain level9'6'' x 7'
StorageMain level4'10'' x 6'1''

Listing Information

MLS®
10389785
Listed
June 4, 2026
Time on market
On the market for 88 days
Data last synced
August 28, 2026

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

Description

Updated 2 bed/ 2 bath condo with an expansive private patio on the quiet side of The Cannery Lofts building, offering the perfect blend of comfort and downtown convenience. This 905 sqft home features numerous updates, including updated kitchen appliances, an extended kitchen island for added workspace and storage, upgraded countertops, plus updated bathroom toilets and faucets. The bright, functional layout includes valuable in-unit storage, floor-to ceiling windows and sliding glass doors to each bedroom. Located in the heart of Kelowna’s vibrant downtown core, you’ll enjoy a true walkable lifestyle just minutes from the beach, waterfront parks, restaurants, breweries, shopping, transit, and entertainment. The spacious patio provides a rare outdoor retreat, while the building’s rooftop patio offers additional space to relax and take in the city atmosphere. Complete with one secure parking stall, this home is an excellent opportunity for professionals, investors, or anyone looking to enjoy the best of urban living. Don’t miss your chance to own in one of downtown Kelowna’s most desirable locations. Contact us today to schedule your private showing today! (id:63159)

Values & Trends

This listing

$496/sqft

Building average

No other active listings in this building

Kelowna North average

$699/sqft

157 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

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

63

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

SchoolTypeDistance
The Balsam School(Independent)Elementary64 m
Central SecondarySecondary1.3 km
Central School ProgramsK-121.3 km
St Joseph Elementary School(Independent)Elementary1.5 km
Bankhead ElementaryElementary1.5 km
A S Matheson ElementaryElementary2.1 km
Glenmore ElementaryElementary2.7 km
Raymer 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 (5+)

  • Nagano Sushi69 m
  • GetintheLoop Restaurant · 1353 Ellis Street236 m
  • Pizza Studio · 1360 Ellis Street245 m
  • Central Kitchen · 1155 Ellis Street277 m
  • Bouchons Bistro · Sunset Drive328 m

Cafes (5+)

  • Chaibaba · 1289 Ellis Street26 m
  • J’s Cafe & Bistro63 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street256 m
  • Analog Coffee283 m
  • Eurobean Coffee303 m

Grocery (2)

  • GetintheLoop Grocery · 1353 Ellis Street236 m
  • Safeway · 697 Bernard Avenue766 m

Parks (5+)

  • Pioneer Garden343 m
  • Waterfront Park375 m
  • Stuart Park488 m
  • Recreation Avenue Park502 m
  • Sunset Drive Park574 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street224 m

Gyms (4)

  • Life Aesthetics Online Coaching · 1435 Water Street493 m
  • SPIN co · 410 Bernard Avenue639 m
  • BarreRoom · 410 Bernard Avenue640 m
  • Move & Flow · 589 Lawrence Avenue788 m

Pharmacies (2)

  • Pharmasave · 505 Doyle Avenue390 m
  • Shoppers Drug Mart · 597 Bernard Avenue691 m

Banks & ATMs (5+)

  • Scotiabank · 488 Bernard Avenue630 m
  • Unnamed645 m
  • Beem Credit Union · 598 Bernard Avenue653 m
  • First West Credit Union · 507 Bernard Avenue664 m
  • CIBC · 328 Bernard Avenue665 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$599.03
Total monthly cost$2,916.47
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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