Property Type: Condo / ApartmentOwnership: Strata

1860 Richter Street Unit# 303

Kelowna, BC V1Y2M9

$225,000

1 bed1 bath1 parking680 sqftBuilt 1977
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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
$291/mo
Annual property tax
$860

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Laminate, Other

Exterior & Lot

Exterior features
Brick, Stucco
View
Mountain view

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Rear

Restrictions & Policies

Pets
Allowed
Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Dining roomMain level9'5'' x 10'5''
Full bathroomMain level4'11'' x 7'10''
KitchenMain level12'5'' x 7'1''
Primary BedroomMain level12'7'' x 10'10''
Living roomMain level10'6'' x 17'6''

Listing Information

MLS®
10387979
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Discover the charm of this beautifully renovated 1-bedroom condo in a welcoming 55+ community. They don't make them big like this anymore! Only 6 units per floor allows for a spacious living room is the perfect setting for cozy evenings or entertaining friends, while the large bedroom offers comfort and plenty of room for furniture. Tasteful updates give this home a fresh feel, with stylish finishes and thoughtful improvements. Your new home is next to Rowcliffe park, a short walk to Downtown, shopping and only a short trip to the Lake. Whether you’re downsizing or simply looking for a place that feels like home, this condo blends comfort, style, and practicality. 1 Parking Spot and Storage Locker. Pets allowed with restrictions. (id:63159)

Values & Trends

This listing

$331/sqft

Building average

No other active listings in this building

Kelowna South average

$627/sqft

53 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

48

7/9 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
Central School ProgramsK-12164 m
Central SecondarySecondary164 m
St Joseph Elementary School(Independent)Elementary309 m
A S Matheson ElementaryElementary942 m
The Balsam School(Independent)Elementary1.3 km
Raymer ElementaryElementary1.7 km
Bankhead ElementaryElementary1.7 km
Kelowna SecondarySecondary2.0 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+)

  • Boston Pizza · 545 Harvey Avenue368 m
  • Naked Cafe · 571 Lawrence Avenue526 m
  • Tamm Mexican Restaurant · 430 Harvey Avenue560 m
  • Yamas Greek Taverna · 1630 Ellis Street587 m
  • Sushi Sai · 1607 Ellis Street616 m

Cafes (5+)

  • Starbucks402 m
  • The Nook Cafe + Bar · 567 Bernard Avenue640 m
  • Mad Mango Café · 551 Bernard Avenue656 m
  • Switch Cafe657 m
  • O-Lake Cafe & Bistro705 m

Grocery (1)

  • Safeway · 697 Bernard Avenue565 m

Parks (5+)

  • Rowcliffe Park · 1850 Richter Street140 m
  • Knowles Heritage Park700 m
  • Burne Avenue Beach Access748 m
  • Beach Avenue Beach Access782 m
  • Millbridge Park788 m

Gyms (3)

  • Move & Flow · 589 Lawrence Avenue531 m
  • SPIN co · 410 Bernard Avenue781 m
  • BarreRoom · 410 Bernard Avenue782 m

Pharmacies (2)

  • Pharmasave441 m
  • Shoppers Drug Mart · 597 Bernard Avenue630 m

Banks & ATMs (5+)

  • Canadian Western Bank425 m
  • RBC Royal Bank520 m
  • TD · 1633 Ellis Street564 m
  • Beem Credit Union · 598 Bernard Avenue668 m
  • First West Credit Union · 507 Bernard Avenue699 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

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.)$396.86
Total monthly cost$1,558.16
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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