Property Type: Condo / ApartmentOwnership: Strata

1331 Ellis Street Unit# 107

Kelowna, BC V1Y1Z9

$589,000

3 bed2 bath1 parking1,528 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$561/mo
Annual property tax
$1,089.29

Maintenance Fee Includes

WaterGarbage

Also included: Ground Maintenance, Insurance, Reserve Fund Contributions, Sewer

Interior

Heating
See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Hardwood
Appliances
Refrigerator, Range - Electric, Dishwasher, Microwave, Hood Fan, Washer & Dryer

Exterior & Lot

Exterior features
Stucco
Waterfront
Other
Lot features
Central island, One Balcony

Building

Roof
Tar & gravel, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
026-960-427

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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 level10'3'' x 12'0''
3pc Ensuite bathMain level8'2'' x 10'10''
BedroomMain level11'11'' x 12'2''
BedroomMain level11'2'' x 12'4''
Primary BedroomMain level11'8'' x 16'3''
KitchenMain level15'5'' x 16'11''
Dining roomMain level13'7'' x 16'7''
Living roomMain level15'4'' x 16'1''

Listing Information

MLS®
10398080
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 29, 2026

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

Description

Bright, Spacious Downtown Kelowna Living Welcome home to this wonderfully spacious 1,528 sq. ft. three-bedroom strata in the heart of Kelowna’s vibrant cultural district! Rarely does a home of this size become available in the downtown core, making this a truly special opportunity. The thoughtful split-bedroom layout offers plenty of privacy and flexibility for families, guests, or shared living. The beautiful modern kitchen features quartz countertops and a stunning waterfall edge, opening into bright, welcoming living spaces that are perfect for relaxing, hosting friends, and making memories. Large windows fill the home with natural light, while the expansive covered patio creates a wonderful private space to enjoy your morning coffee, unwind after a busy day, or entertain outdoors. Best of all, you’re just steps from the beach, arena, restaurants, NEW UBCO CAMPUS, shopping, and everything that makes downtown Kelowna such a fun and exciting place to live. UBC Okanagan is also easily accessible, adding excellent convenience for students, faculty, and investors. Recent updates include a beautifully renovated ensuite bathroom, hardwood flooring, quartz kitchen countertops, and newer appliances throughout. With its generous size, stylish updates, fantastic location, and inviting atmosphere, this move-in-ready home is ready for you to enjoy! (id:63159)

Values & Trends

This listing

$385/sqft

Building average

$457/sqft

2 active listing(s)

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

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

78

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)Elementary226 m
Central SecondarySecondary1.1 km
Central School ProgramsK-121.1 km
St Joseph Elementary School(Independent)Elementary1.3 km
Bankhead ElementaryElementary1.6 km
A S Matheson ElementaryElementary1.9 km
Raymer ElementaryElementary2.8 km
Glenmore ElementaryElementary2.8 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+)

  • Pizza Studio · 1360 Ellis Street28 m
  • GetintheLoop Restaurant · 1353 Ellis Street46 m
  • Gather Restaurant · 460 Doyle Avenue110 m
  • The Curious café · 1423 Ellis Street190 m
  • Nagano Sushi197 m

Cafes (5+)

  • Bike Shop Cafe and Catering · 1357 Ellis Street41 m
  • Blenz Coffee · 460 Doyle Avenue90 m
  • Bean Scene North114 m
  • J’s Cafe & Bistro219 m
  • Chaibaba · 1289 Ellis Street224 m

Grocery (2)

  • GetintheLoop Grocery · 1353 Ellis Street38 m
  • Safeway · 697 Bernard Avenue585 m

Parks (5+)

  • Stuart Park301 m
  • Waterfront Park425 m
  • Pioneer Garden425 m
  • Kerry Park527 m
  • Recreation Avenue Park732 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street42 m

Gyms (4)

  • Life Aesthetics Online Coaching · 1435 Water Street271 m
  • SPIN co · 410 Bernard Avenue409 m
  • BarreRoom · 410 Bernard Avenue410 m
  • Move & Flow · 589 Lawrence Avenue591 m

Pharmacies (3)

  • Pharmasave · 505 Doyle Avenue166 m
  • Shoppers Drug Mart · 597 Bernard Avenue503 m
  • Pharmasave757 m

Banks & ATMs (5+)

  • Scotiabank · 488 Bernard Avenue403 m
  • Unnamed415 m
  • CIBC · 328 Bernard Avenue439 m
  • First West Credit Union · 507 Bernard Avenue439 m
  • Unnamed447 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($33,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$471,200.00
Periodic payment — Principal & Interest (monthly)$3,040.02
Additional monthly expenses (strata, tax, utilities, etc.)$727.64
Total monthly cost$3,767.67
Interest paid over 5-yr term$135,047.27
Balance at end of term$423,845.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,268.52

Cash Needed at Closing

Minimum down payment$33,900
Estimated BC PTT$9,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,180

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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