1588 Ellis Street Unit# 701
Kelowna, BC V1Y8L1
$640,000
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $456/mo
- Annual property tax
- $2,232
Interior
- Heating
- Forced air, Electric
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Flooring
- Tile, Hardwood, Carpeted, Vinyl
Exterior & Lot
- Exterior features
- Other
- View
- City view, Lake view, Mountain view, View (panoramic)
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Parkade
Restrictions & Policies
- 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 |
|---|---|---|
| Storage | Main level | 7' x 4' |
| 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®
- 10389991
- Listed
- June 9, 2026
- Time on market
- On the market for 83 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
Welcome to ELLA, sophisticated high-rise living in the heart of downtown Kelowna. With a walk score of 97, absolutely everything is close, shopping, dining, pubs, entertainment and cultural spots, even the beach and parks are right outside your door. This modern building is LEED certified, and features great amenities such as a guest suite, on site guest parking, bike storage, EV Charging stations (6) and even a pet/ bike wash station. Pets are welcome ( limit of 2). This 7th floor, 2 bedroom / 2 bath unit is ideal, featuring quartz countertops, heated tile floors in the bathrooms, sleek vinyl flooring, high end appliances, floor to ceiling windows to take in the fabulous views of the lake and downtown Kelowna. There is a spacious outdoor patio complete with a gas line for your BBQ to enjoy those summer evenings. This unit also comes with 2 storage spaces! one is its own private secure storage on the same floor as the unit, in addition to the one in the parkade. If you are looking for modern living with a great location, this is it! (id:63159)
Values & Trends
This listing
$637/sqft
Building average
$1,035/sqft
1 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
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
| School | Type | Distance |
|---|---|---|
| The Balsam School(Independent) | Elementary | 671 m |
| Central Secondary | Secondary | 716 m |
| Central School Programs | K-12 | 716 m |
| St Joseph Elementary School(Independent) | Elementary | 958 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+)
- Pick Thai Restaurant · 467 Bernard Avenue33 m
- Dunn Enzies · 1559 Ellis Street37 m
- OEB58 m
- Dosa Crepe Café · 523 Bernard Avenue76 m
- Sushi Sai · 1607 Ellis Street78 m
Cafes (5+)
- Switch Cafe38 m
- Chilango · 520 Bernard Avenue78 m
- Deville Coffee Bernard113 m
- Pulp Fiction Coffee House · 1598 Pandosy Street121 m
- Mad Mango Café · 551 Bernard Avenue143 m
Grocery (2)
- Safeway · 697 Bernard Avenue314 m
- GetintheLoop Grocery · 1353 Ellis Street454 m
Parks (5+)
- Kerry Park369 m
- Stuart Park404 m
- Rowcliffe Park · 1850 Richter Street553 m
- City Park656 m
- Knowles Heritage Park737 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street467 m
Gyms (4)
- SPIN co · 410 Bernard Avenue92 m
- BarreRoom · 410 Bernard Avenue94 m
- Move & Flow · 589 Lawrence Avenue254 m
- Life Aesthetics Online Coaching · 1435 Water Street281 m
Pharmacies (3)
- Shoppers Drug Mart · 597 Bernard Avenue250 m
- Pharmasave294 m
- Pharmasave · 505 Doyle Avenue301 m
Banks & ATMs (5+)
- First West Credit Union · 507 Bernard Avenue40 m
- Scotiabank · 488 Bernard Avenue61 m
- Unnamed129 m
- TD · 1633 Ellis Street133 m
- RBC Royal Bank188 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.1% ($39,000) — 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.