1588 Ellis Street Unit# 1905
Kelowna, BC V1Y8L1
$323,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $171/mo
- Annual property tax
- $1,123.08
Maintenance Fee Includes
Interior
- Heating
- Forced air, Electric
- 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
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Restrictions apply, Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Full bathroom | Main level | 4'10'' x 5'0'' |
| Foyer | Main level | 3'7'' x 7'5'' |
| Living room | Main level | 7'6'' x 6'0'' |
| Bedroom - Bachelor | Main level | 11'11'' x 15'6'' |
Listing Information
- MLS®
- 10391821
- Listed
- July 10, 2026
- Time on market
- On the market for 52 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.
Description
Welcome to Unit 1905 at ELLA, a modern studio in the heart of downtown Kelowna offering exceptional lifestyle and investment potential. Located in the sought-after LEED-certified concrete ELLA building, built in 2020, this thoughtfully designed 19th-floor home features oversized windows with beautiful city and mountain views, creating a bright, open living space. The contemporary kitchen is finished with quartz countertops, integrated appliances, and a gas cooktop, plus in suite laundry with gas/water included in the strata fees. High-quality finishes continue throughout, while the Juliet balcony adds natural light. The unit also includes a covered and secure PARKING STALL — complemented by a dedicated bike rack. The home also includes a modern in-suite intercom system with access to the cameras in and around the building, plus the added security and convenience of 7-day concierge service. ELLA is also pet-friendly with included pet wash and bike wash area. Rentals are permitted with a minimum 30-day term, offering flexibility for investors and owners alike. Estimated net monthly income is approximately $1,055 after strata fees and property taxes. Freshly painted and move-in ready, this home combines modern finishings, walkability, secure parking, and strong investment appeal. Enjoy being steps from Kelowna’s waterfront, beaches, City Park, restaurants, shopping, and cultural district — all from one of downtown’s most desirable modern buildings. (id:63159)
Values & Trends
This listing
$1,035/sqft
Building average
$637/sqft
1 active listing(s)
Kelowna North average
$696/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
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
70
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 |
|---|---|---|
| Central Secondary | Secondary | 637 m |
| Central School Programs | K-12 | 637 m |
| The Balsam School(Independent) | Elementary | 807 m |
| St Joseph Elementary School(Independent) | Elementary | 872 m |
| A S Matheson Elementary | Elementary | 1.5 km |
| Bankhead Elementary | Elementary | 1.8 km |
| Raymer Elementary | Elementary | 2.2 km |
| Kelowna Secondary | Secondary | 2.6 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
Restaurants (5+)
- Yamas Greek Taverna · 1630 Ellis Street18 m
- Sushi Sai · 1607 Ellis Street73 m
- OEB85 m
- Tamm Mexican Restaurant · 430 Harvey Avenue114 m
- Dunn Enzies · 1559 Ellis Street119 m
Cafes (5+)
- Switch Cafe119 m
- O-Lake Cafe & Bistro123 m
- Pulp Fiction Coffee House · 1598 Pandosy Street129 m
- Deville Coffee Bernard182 m
- Chilango · 520 Bernard Avenue205 m
Grocery (2)
- Safeway · 697 Bernard Avenue343 m
- GetintheLoop Grocery · 1353 Ellis Street591 m
Parks (5+)
- Kerry Park408 m
- Rowcliffe Park · 1850 Richter Street449 m
- Stuart Park509 m
- City Park602 m
- Knowles Heritage Park762 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street603 m
Gyms (4)
- SPIN co · 410 Bernard Avenue204 m
- BarreRoom · 410 Bernard Avenue204 m
- Move & Flow · 589 Lawrence Avenue263 m
- Life Aesthetics Online Coaching · 1435 Water Street397 m
Pharmacies (3)
- Pharmasave164 m
- Shoppers Drug Mart · 597 Bernard Avenue309 m
- Pharmasave · 505 Doyle Avenue437 m
Banks & ATMs (5+)
- TD · 1633 Ellis Street55 m
- RBC Royal Bank70 m
- First West Credit Union · 507 Bernard Avenue167 m
- Scotiabank · 488 Bernard Avenue197 m
- Unnamed223 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($16,150) — 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.