Property Type: Condo / ApartmentOwnership: Strata

1318 RICHTER Street Unit# 303

Kelowna, BC V1Y2L3

$399,900

2 bed2 bath1 parking1,279 sqftBuilt 1992
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$612/mo
Annual property tax
$1,994

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Hardwood, Laminate, Carpeted
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

Exterior features
Brick, Stucco
Lot features
Balcony

Building

Roof
Metal, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Security
Controlled entry
Parcel ID (PID)
017-934-371

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
BedroomMain level13'8'' x 11'2''
3pc BathroomMain level8'5'' x 8'6''
4pc Ensuite bathMain level4'11'' x 7'10''
Primary BedroomMain level11' x 25'10''
Laundry roomMain level4'11'' x 7'11''
Dining roomMain level8'6'' x 10'
FoyerMain level5'10'' x 8'3''
KitchenMain level14'1'' x 8'11''
Living roomMain level13'1'' x 15'6''

Listing Information

MLS®
10396184
Listed
July 29, 2026
Time on market
On the market for 33 days
Data last synced
September 1, 2026

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

Description

NEW PRICE!! Seller is motivated for a quick sale! Live in the heart of downtown Kelowna! The Cambridge offers just 18 distinctively designed homes, creating a boutique living experience. This top floor corner suite boasts 1,270 sq. ft. of bright, open living space with a generous covered balcony overlooking downtown. Enjoy an unbeatable walkable location, just steps to Okanagan Lake, beaches, restaurants, parks, shopping, transit, and all the amenities downtown has to offer. The spacious open concept living and dining areas are filled with natural light, while the thoughtfully designed floor plan places the primary and second bedrooms on opposite sides of the home for added privacy. A welcoming foyer and wide hallways give this condo the feel of a detached home. Features include his-and-her closets in the primary bedroom, newer stainless steel appliances, fresh paint, new window blinds, updated light fixtures, large same floor storage locker for added convenience, secure underground parking, with ample visitor parking, spacious common room, perfect for entertaining family and friends. This rare top floor corner suite combines space, privacy, and an exceptional downtown lifestyle! (id:63159)

Values & Trends

This listing

$313/sqft

Building average

No other active listings in this building

Kelowna North average

$700/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

48

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)Elementary273 m
Central SecondarySecondary1.1 km
Central School ProgramsK-121.1 km
Bankhead ElementaryElementary1.2 km
St Joseph Elementary School(Independent)Elementary1.3 km
A S Matheson ElementaryElementary1.9 km
Glenmore ElementaryElementary2.4 km
Raymer ElementaryElementary2.9 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+)

  • GetintheLoop Restaurant · 1353 Ellis Street348 m
  • Nagano Sushi389 m
  • Pizza Studio · 1360 Ellis Street414 m
  • Gather Restaurant · 460 Doyle Avenue438 m
  • The Curious café · 1423 Ellis Street470 m

Cafes (5+)

  • Chaibaba · 1289 Ellis Street360 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street371 m
  • J’s Cafe & Bistro395 m
  • CeCe's Coffee400 m
  • Bean Scene North405 m

Grocery (2)

  • GetintheLoop Grocery · 1353 Ellis Street356 m
  • Safeway · 697 Bernard Avenue616 m

Parks (5+)

  • Recreation Avenue Park618 m
  • Martin Park626 m
  • Pioneer Garden679 m
  • Stuart Park683 m
  • Knowles Heritage Park696 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street346 m

Gyms (4)

  • Life Aesthetics Online Coaching · 1435 Water Street622 m
  • Move & Flow · 589 Lawrence Avenue670 m
  • SPIN co · 410 Bernard Avenue682 m
  • BarreRoom · 410 Bernard Avenue683 m

Pharmacies (2)

  • Pharmasave · 505 Doyle Avenue442 m
  • Shoppers Drug Mart · 597 Bernard Avenue568 m

Banks & ATMs (5+)

  • Beem Credit Union · 598 Bernard Avenue539 m
  • Scotiabank · 488 Bernard Avenue642 m
  • First West Credit Union · 507 Bernard Avenue651 m
  • Unnamed706 m
  • CIBC · 328 Bernard Avenue757 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$842.05
Total monthly cost$2,906.06
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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.

Request more information