Property Type: Condo / ApartmentOwnership: Strata

1560 Summit Drive Unit# 224

Kamloops, BC V2E1R5

$225,000

1 bed1 bath1 parking636 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$270/mo
Annual property tax
$1,640.73

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Sewer

Interior

Heating
Electric
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Other

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1

Room Dimensions

RoomLevelDimensions
StorageMain level5'4'' x 4'7''
4pc BathroomMain level
Primary BedroomMain level15'7'' x 10'1''
KitchenMain level7'9'' x 7'3''
Dining roomMain level8'2'' x 11'7''
Living roomMain level12'1'' x 11'7''

Listing Information

MLS®
10396188
Listed
July 29, 2026
Time on market
On the market for 33 days
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp · Data source: CREA DDF.

Description

Bright and clean 1 bed, 1 bath apartment in the heart of Sahali, offering unbeatable convenience and excellent value. Located on the 2nd floor with no one above, this secure, well-maintained building provides a quiet and comfortable place to call home. Enjoy a highly walkable lifestyle with a 10/10 walk score, just steps to Thompson Rivers University, Summit Elementary, Sahali’s main bus route, restaurants, shopping, services, and Peterson Creek trails. There are not many apartments in this neighbourhood priced this well, making it an ideal option for university students, investors, or first-time home buyers ready to get on the housing ladder. Contact to book your showing today! (id:63159)

Values & Trends

This listing

$354/sqft

Building average

$319/sqft

2 active listing(s)

Sahali average

$456/sqft

26 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

Partly Cloudy

18°C

Partly Cloudy

Humidity 63%

Wind E 16 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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 Sa-Hali ElementaryElementary161 m
Summit ElementaryElementary863 m
Sa-Hali SecondaryElementary875 m
St. Ann's Academy(Independent)K-121.5 km
McGowan Park ElementaryElementary1.5 km
South Kamloops SecondarySecondary1.6 km
Beattie ElementaryElementary1.6 km
First Baptist Classical Academy of Kamloops(Independent)K-121.6 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

Parks (5+)

  • Monmouth Park466 m
  • Gordonhorn Park470 m
  • Peterson Creek Nature Park477 m
  • Gleneagles Park486 m
  • XGET'TEM' Park649 m

Nearby places data: © OpenStreetMap contributors.

School district: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$180,000.00
Periodic payment — Principal & Interest (monthly)$1,161.30
Additional monthly expenses (strata, tax, utilities, etc.)$438.73
Total monthly cost$1,600.03
Interest paid over 5-yr term$51,588.52
Balance at end of term$161,910.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,643.66

Cash Needed at Closing

Minimum down payment$11,250
Estimated BC PTT$2,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,250

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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