Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

1290 St. Paul Street Unit# 508

Kelowna, BC V1Y2C9

$525,000

2 bed1 bath1 parking765 sqftBuilt 2014
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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
$445/mo
Annual property tax
$2,416.67

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Vinyl

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, View (panoramic)
Waterfront
Other

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Restrictions & Policies

Pets
Allowed
Rentals
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 level
Primary BedroomMain level13'10'' x 9'6''
BedroomMain level9'9'' x 10'11''
Living roomMain level10'11'' x 11'9''
KitchenMain level10'8'' x 8'2''

Listing Information

MLS®
10398582
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

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

Description

STR APPROVED BUILDING | SOUTH FACING | CORNER UNIT!! This south-facing corner unit is wrapped in natural light and for 780 sqft - it offers one of the best apartment layouts in the downtown core. Fully furnished and turnkey, located in a short-term-rental-approved building, and equally well suited to someone who simply wants a stylish, low-maintenance home in the heart of downtown Kelowna. The corner position gives the home a bright, open feel throughout the day, while the second bedroom creates the flexibility that downtown living demands—guest room, home office, roommate space or additional sleeping quarters. New furnace installed in 2026 ($11,000) and the washer, dryer and dishwasher were replaced in 2025. Suite has been rented long-term for $2,600/month - but will be vacant as of Sept 01, providing an easy transition for the next owner. Step outside and downtown Kelowna is at your doorstep, while the new UBCO downtown campus adds another layer to the long-term appeal of this neighbourhood. Live in it. Rent it long-term. Explore short-term rental potential. Or keep it as your own turnkey downtown escape. (id:63159)

Values & Trends

This listing

$686/sqft

Building average

$767/sqft

3 active listing(s)

Kelowna North average

$698/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

59

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)Elementary12 m
Central SecondarySecondary1.3 km
Central School ProgramsK-121.3 km
Bankhead ElementaryElementary1.5 km
St Joseph Elementary School(Independent)Elementary1.5 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 Sushi123 m
  • GetintheLoop Restaurant · 1353 Ellis Street231 m
  • Pizza Studio · 1360 Ellis Street257 m
  • Central Kitchen · 1155 Ellis Street302 m
  • Gather Restaurant · 460 Doyle Avenue340 m

Cafes (5+)

  • Chaibaba · 1289 Ellis Street87 m
  • J’s Cafe & Bistro123 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street255 m
  • Blenz Coffee · 460 Doyle Avenue322 m
  • Analog Coffee327 m

Grocery (2)

  • GetintheLoop Grocery · 1353 Ellis Street233 m
  • Safeway · 697 Bernard Avenue734 m

Parks (5+)

  • Pioneer Garden404 m
  • Waterfront Park437 m
  • Recreation Avenue Park503 m
  • Stuart Park517 m
  • Sunset Drive Park617 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street220 m

Gyms (4)

  • Life Aesthetics Online Coaching · 1435 Water Street508 m
  • SPIN co · 410 Bernard Avenue640 m
  • BarreRoom · 410 Bernard Avenue640 m
  • Move & Flow · 589 Lawrence Avenue762 m

Pharmacies (2)

  • Pharmasave · 505 Doyle Avenue383 m
  • Shoppers Drug Mart · 597 Bernard Avenue663 m

Banks & ATMs (5+)

  • Scotiabank · 488 Bernard Avenue624 m
  • Beem Credit Union · 598 Bernard Avenue625 m
  • Unnamed649 m
  • First West Credit Union · 507 Bernard Avenue654 m
  • CIBC · 328 Bernard Avenue676 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$684.47
Total monthly cost$3,394.17
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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