Property Type: Condo / ApartmentOwnership: Strata

1290 St. Paul Street Unit# 511

Kelowna, BC V1Y2C9

$385,000

1 bed1 bath1 parking638 sqftBuilt 2014
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$357/mo
Annual property tax
$2,079.39

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Vinyl

Building

Roof
Metal, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
DenMain level6'7'' x 9'3''
Full bathroomMain level7'9'' x 9'11''
Primary BedroomMain level8'3'' x 12'2''
Living roomMain level10'9'' x 11'3''
KitchenMain level11'2'' x 12'5''

Listing Information

MLS®
10398562
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

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

Description

Welcome to SOLE, a boutique urban residence in the heart of Kelowna's vibrant Cultural District and one of the few buildings in Kelowna zoned for short term rentals, with a proven track record of strong Short Term Rental income. This bright and efficient 1 bedroom plus den home offers modern downtown living just steps from the waterfront, Bernard Avenue, and some of the city's best restaurants, breweries, and entertainment venues. Inside, the thoughtfully designed layout maximizes space and natural light, creating a comfortable and stylish urban retreat. Contemporary finishes include quartz countertops, stainless steel appliances, and sleek cabinetry, while large windows bring in abundant daylight and showcase the energy of downtown living. Residents of SOLE enjoy access to a spectacular rooftop patio perfect for relaxing or entertaining while taking in city and mountain views. Positioned in one of the most exciting growth corridors in Kelowna, the home is located just blocks from the future UBCO downtown campus, a transformational project expected to bring new energy, culture, and investment to the neighbourhood. Whether you are a first time buyer, investor, or someone seeking a walkable downtown lifestyle, this residence offers an exceptional opportunity to own in one of Kelowna's most dynamic districts. Urban living. Walkable lifestyle. Downtown Kelowna at your doorstep. Priced well below assessed value of $427,000! (id:63159)

Values & Trends

This listing

$603/sqft

Building average

$794/sqft

3 active listing(s)

Kelowna North average

$698/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

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

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)Elementary27 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 Sushi121 m
  • GetintheLoop Restaurant · 1353 Ellis Street244 m
  • Pizza Studio · 1360 Ellis Street268 m
  • Central Kitchen · 1155 Ellis Street286 m
  • Gather Restaurant · 460 Doyle Avenue353 m

Cafes (5+)

  • Chaibaba · 1289 Ellis Street80 m
  • J’s Cafe & Bistro118 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street267 m
  • Analog Coffee312 m
  • Blenz Coffee · 460 Doyle Avenue334 m

Grocery (2)

  • GetintheLoop Grocery · 1353 Ellis Street246 m
  • Safeway · 697 Bernard Avenue750 m

Parks (5+)

  • Pioneer Garden395 m
  • Waterfront Park429 m
  • Recreation Avenue Park489 m
  • Stuart Park524 m
  • Sunset Drive Park601 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street232 m

Gyms (4)

  • Life Aesthetics Online Coaching · 1435 Water Street518 m
  • SPIN co · 410 Bernard Avenue653 m
  • BarreRoom · 410 Bernard Avenue653 m
  • Move & Flow · 589 Lawrence Avenue778 m

Pharmacies (2)

  • Pharmasave · 505 Doyle Avenue397 m
  • Shoppers Drug Mart · 597 Bernard Avenue678 m

Banks & ATMs (5+)

  • Scotiabank · 488 Bernard Avenue638 m
  • Beem Credit Union · 598 Bernard Avenue640 m
  • Unnamed661 m
  • First West Credit Union · 507 Bernard Avenue668 m
  • CIBC · 328 Bernard Avenue687 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$308,000.00
Periodic payment — Principal & Interest (monthly)$1,987.11
Additional monthly expenses (strata, tax, utilities, etc.)$562.60
Total monthly cost$2,549.71
Interest paid over 5-yr term$88,273.69
Balance at end of term$277,047.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,250
Stress test qualifying rate8.09%
Payment you must qualify for$2,812.49

Cash Needed at Closing

Minimum down payment$19,250
Estimated BC PTT$5,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,450

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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