1588 Ellis Street Unit# 1501
Kelowna, BC V1Y0H1
$658,900
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
- $2,519
Maintenance Fee Includes
Also included: Ground Maintenance, Electricity, Sewer
Interior
- Heating
- Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Flooring
- Vinyl
Exterior & Lot
- Exterior features
- Other
- View
- City view, Lake view, Mountain view, View (panoramic)
- Waterfront
- Other
Building
- Roof
- Other, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Parkade
Restrictions & Policies
- Pets
- Allowed, Restrictions apply, Allowed with restrictions
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 10'1'' x 10'0'' |
| Dining room | Main level | 11'6'' x 11'0'' |
| 3pc Bathroom | Main level | 8'6'' x 5'0'' |
| Primary Bedroom | Main level | 10'6'' x 11'0'' |
| 4pc Ensuite bath | Main level | 6'10'' x 8'0'' |
| Living room | Main level | 10'9'' x 11'0'' |
| Kitchen | Main level | 8'4'' x 12'3'' |
Listing Information
- MLS®
- 10395968
- Listed
- July 28, 2026
- Time on market
- On the market for 34 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
INCREDIBLE NEW PRICE - WELL BELOW ASSESSMENT! Downtown Kelowna living at its finest! Welcome to ELLA, a modern concrete and glass tower in the heart of the city. Start your day with breakfast at OEB or a coffee from Deville around the corner. Enjoy a stroll through City Park, a workout at Spin Co, or explore the restaurants, shopping, beaches, and entertainment that make downtown Kelowna such a sought-after place to call home. Perched on the 15th floor with stunning views of Okanagan Lake, the mountains, and the city skyline, this bright and beautifully designed residence offers an exceptional blend of comfort and style. The open-concept kitchen features premium appliances including a gas range, built-in refrigerator with custom cabinetry panels, and quartz countertops. Floor-to-ceiling windows fill the home with natural light while framing the incredible views from the living room. The layout separates the two bedrooms for added privacy. The spacious primary bedroom includes two closets and a gorgeous ensuite with double sinks and a walk-in shower. The second bedroom is located across from the full main bathroom, making it ideal for guests, family, or a home office. Completed by Mission Group in 2020, ELLA offers secure bike storage, a dog wash station, guest suite, meeting room, parcel lockers, retail shops, and secure parkade. Located near the future UBCO Downtown campus and the Okanagan Rail Trail. Please arrange your private viewing today! (id:63159)
Values & Trends
This listing
$723/sqft
Building average
$685/sqft
2 active listing(s)
Kelowna North average
$698/sqft
157 active listing(s)
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
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
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
| School | Type | Distance |
|---|---|---|
| The Balsam School(Independent) | Elementary | 697 m |
| Central Secondary | Secondary | 707 m |
| Central School Programs | K-12 | 707 m |
| St Joseph Elementary School(Independent) | Elementary | 948 m |
| A S Matheson Elementary | Elementary | 1.6 km |
| Bankhead Elementary | Elementary | 1.7 km |
| Raymer Elementary | Elementary | 2.3 km |
| Kelowna Secondary | Secondary | 2.7 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+)
- OEB31 m
- Dunn Enzies · 1559 Ellis Street39 m
- Pick Thai Restaurant · 467 Bernard Avenue49 m
- Sushi Sai · 1607 Ellis Street62 m
- Dosa Crepe Café · 523 Bernard Avenue97 m
Cafes (5+)
- Switch Cafe39 m
- Pulp Fiction Coffee House · 1598 Pandosy Street102 m
- Chilango · 520 Bernard Avenue104 m
- Deville Coffee Bernard109 m
- O-Lake Cafe & Bistro122 m
Grocery (2)
- Safeway · 697 Bernard Avenue324 m
- GetintheLoop Grocery · 1353 Ellis Street480 m
Parks (5+)
- Kerry Park364 m
- Stuart Park417 m
- Rowcliffe Park · 1850 Richter Street538 m
- City Park636 m
- Knowles Heritage Park748 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street492 m
Gyms (4)
- SPIN co · 410 Bernard Avenue103 m
- BarreRoom · 410 Bernard Avenue104 m
- Move & Flow · 589 Lawrence Avenue258 m
- Life Aesthetics Online Coaching · 1435 Water Street296 m
Pharmacies (3)
- Shoppers Drug Mart · 597 Bernard Avenue265 m
- Pharmasave272 m
- Pharmasave · 505 Doyle Avenue326 m
Banks & ATMs (5+)
- First West Credit Union · 507 Bernard Avenue65 m
- Scotiabank · 488 Bernard Avenue85 m
- TD · 1633 Ellis Street115 m
- Unnamed134 m
- RBC Royal Bank167 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.2% ($40,890) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.