Property Type: Condo / ApartmentOwnership: Strata

1588 Ellis Street Unit# 1101

Kelowna, BC V1Y0H1

$670,000

2 bed2 bath1 parking915 sqftBuilt 2020
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$501/mo
Annual property tax
$2,216.41

Interior

Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level10'6'' x 10'9''
Living roomMain level10'11'' x 12'10''
KitchenMain level12'4'' x 11'2''
Dining roomMain level10'11'' x 6'5''
BedroomMain level10'1'' x 10'1''
Full ensuite bathroomMain level8'0'' x 6'11''
Full bathroomMain level8'5'' x 4'11''

Listing Information

MLS®
10396165
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Judy Lindsay Okanagan · Data source: CREA DDF.

Description

Live the Downtown Kelowna life at ELLA. ELLA's smaller size offers a quiet, exclusive residential experience without sacrificing walkability to the city's best restaurants, shops, parks, and events. This bright 11th floor, 2 bedroom, 2 bath residence offers an open-concept layout well suited to a small family or a single owner who wants room to spread out. Floor-to-ceiling windows provide a spectacular NW view over Okanagan Lake and Knox Mountain. Enjoy the generously sized balcony with space for a seating area and a BBQ. The recently redone kitchen features premium finishing and appliances, and the split-bedroom layout keeps the primary suite private from the second bedroom. Step outside and you're minutes on foot from downtown's farm-to-table restaurant scene, coffee shops, and boutique retail. Spend the afternoon at City Park, then cool off with a scoop from Parlour Ice Cream on your way home. ELLA is a pet-friendly community (up to 2 pets), with an indoor pet wash station on P1 to handle muddy paws after a walk along the lake. Other building amenities include secure bike storage, a guest suite, parcel lockers, and a bike maintenance/wash station. This unit includes 1 parkade stall and 1 secured temperature-controlled storage locker. (id:63159)

Values & Trends

This listing

$732/sqft

Building average

$681/sqft

2 active listing(s)

Kelowna North average

$697/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

74

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)Elementary690 m
Central SecondarySecondary715 m
Central School ProgramsK-12715 m
St Joseph Elementary School(Independent)Elementary956 m
A S Matheson ElementaryElementary1.6 km
Bankhead ElementaryElementary1.7 km
Raymer ElementaryElementary2.3 km
Kelowna SecondarySecondary2.7 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+)

  • OEB37 m
  • Pick Thai Restaurant · 467 Bernard Avenue41 m
  • Dunn Enzies · 1559 Ellis Street44 m
  • Sushi Sai · 1607 Ellis Street70 m
  • Boathouse on Bernard · 426 Bernard Avenue92 m

Cafes (5+)

  • Switch Cafe44 m
  • Pulp Fiction Coffee House · 1598 Pandosy Street101 m
  • Chilango · 520 Bernard Avenue101 m
  • Deville Coffee Bernard102 m
  • O-Lake Cafe & Bistro122 m

Grocery (2)

  • Safeway · 697 Bernard Avenue328 m
  • GetintheLoop Grocery · 1353 Ellis Street473 m

Parks (5+)

  • Kerry Park359 m
  • Stuart Park408 m
  • Rowcliffe Park · 1850 Richter Street547 m
  • City Park635 m
  • Knowles Heritage Park752 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street485 m

Gyms (4)

  • SPIN co · 410 Bernard Avenue94 m
  • BarreRoom · 410 Bernard Avenue96 m
  • Move & Flow · 589 Lawrence Avenue264 m
  • Life Aesthetics Online Coaching · 1435 Water Street288 m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue268 m
  • Pharmasave280 m
  • Pharmasave · 505 Doyle Avenue319 m

Banks & ATMs (5+)

  • First West Credit Union · 507 Bernard Avenue62 m
  • Scotiabank · 488 Bernard Avenue78 m
  • TD · 1633 Ellis Street124 m
  • Unnamed126 m
  • RBC Royal Bank175 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$536,000.00
Periodic payment — Principal & Interest (monthly)$3,458.09
Additional monthly expenses (strata, tax, utilities, etc.)$731.55
Total monthly cost$4,189.64
Interest paid over 5-yr term$153,619.14
Balance at end of term$482,133.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,829.10

Cash Needed at Closing

Minimum down payment$42,000
Estimated BC PTT$11,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,900

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