Property Type: Condo / ApartmentOwnership: Strata

140 Asher Road Unit# 205

Kelowna, BC V1X3H6

$409,000

2 bed2.5 bath1 parking1,108 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Stories
4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$529/mo
Annual property tax
$1,751

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Vinyl

Exterior & Lot

Exterior features
Stucco
View
Mountain view, Valley view, Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathMain level7'8'' x 8'0''
3pc BathroomMain level7'10'' x 6'10''
BedroomMain level11'2'' x 15'4''
Dining roomMain level14'8'' x 12'9''
KitchenMain level11'7'' x 13'10''
Living roomMain level12'6'' x 12'4''
Primary BedroomMain level11'2'' x 12'5''

Listing Information

MLS®
10393599
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

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

Description

Welcome to Asher Place! Where comfort, convenience, and lifestyle come together. This 1108.sqft, 2 bed 2 Bath unit offers beautiful bedroom vineyard views, a quiet courtyard, and minutes walk from the new all-ages activity centre beside Lions Park at 155 Gray Road. It will feature a gymnasium, multi-purpose rooms and a teaching kitchen providing a much-needed recreation, wellness and community gathering space for Rutland residents while supporting the neighbourhood’s growth as a thriving urban hub! Electric fireplace, family friendly vinyl flooring throughout the main living areas, and a layout that's ideal for everyday living. The spacious primary suite has a beautifully appointed walk through closet to your 4 piece bath. The second bedroom is positioned for added privacy and is complemented by a dual-access bathroom, making it perfect for guests, family, with vineyard views! Need an extra room for that temporary visitor? There is a guest suite available in the building! Secure underground parking stall and a storage locker. Situated in one of Kelowna's growing communities makes this property an investors dream, you'll love being within walking distance to parks, schools, shopping, restaurants, transit and everyday amenities. Whether you're a first-time home buyer, downsizer, or investor looking for an excellent opportunity in a central location, this home offers outstanding value, comfort, and convenience. Amazing location.. Amazing price point! Book your showing today! (id:63159)

Values & Trends

This listing

$369/sqft

Building average

$325/sqft

2 active listing(s)

Rutland North average

$454/sqft

47 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

6/9 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
South Rutland ElementaryElementary723 m
Belgo Elementary SchoolElementary800 m
Flex Academy(Independent)K-12979 m
Rutland Senior SecondaryElementary1.0 km
Rutland Middle SchoolMiddle1.0 km
Quigley ElementaryElementary1.2 km
Pearson Road ElementaryElementary1.2 km
Kelowna Arts Academy(Independent)K-121.4 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+)

  • Latin Fiesta139 m
  • Fusion Food Lounge328 m
  • Memphis Blues373 m
  • Alcatraz Chicken · 225 Rutland Road South403 m
  • Vancouver Pizza Kitchen · 225 Rutland Road South417 m

Cafes (3)

  • Dosa Crepe Cafe · Gray Road332 m
  • Starbucks370 m
  • Unnamed607 m

Grocery (2)

  • Save-On-Foods188 m
  • IGA434 m

Parks (5+)

  • Roxby Square101 m
  • Rutland Bluff Linear Park264 m
  • Rutland Centennial Park317 m
  • Rutland Lions Park318 m
  • Hollywood Park688 m

Pharmacies (3)

  • Shoppers Drug Mart122 m
  • The Local Pharmacy · 225 Rutland Road South412 m
  • Paragon431 m

Banks & ATMs (4)

  • TD120 m
  • First West Credit Union · 110 Highway 33 West295 m
  • Basha Donair - Bitcoin Well ATM · 135 Rutland Road North370 m
  • Interior Savings403 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$327,200.00
Periodic payment — Principal & Interest (monthly)$2,110.98
Additional monthly expenses (strata, tax, utilities, etc.)$729.95
Total monthly cost$2,840.93
Interest paid over 5-yr term$93,776.46
Balance at end of term$294,317.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,987.81

Cash Needed at Closing

Minimum down payment$20,450
Estimated BC PTT$6,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,130

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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