Property Type: Condo / ApartmentOwnership: Freehold / Strata

2040 Springfield Road Unit# 1407

Kelowna, BC V1Y9N7

$599,000

2 bed2 bath2 parking1,048 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Freehold / Strata
Strata / maintenance fee
$544/mo
Annual property tax
$2,644.24

Maintenance Fee Includes

Also included: Ground Maintenance, Insurance, Reserve Fund Contributions

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Vinyl

Exterior & Lot

View
City view, Mountain view
Pool
Outdoor pool

Parking

Total spaces
2 — uncovered indicated
Features
Parkade

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level13'1'' x 11'7''
Living roomMain level21'1'' x 12'1''
BedroomMain level12'8'' x 11'0''
KitchenMain level9'6'' x 13'3''
FoyerMain level12'5'' x 5'10''
4pc BathroomMain level8'10'' x 4'11''
4pc Ensuite bathMain level12'2'' x 4'10''

Listing Information

MLS®
10394854
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Welcome to your top-floor retreat in the heart of Kelowna! This beautifully updated 2-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and convenience, with breathtaking panoramic views stretching from Dilworth Mountain to downtown Kelowna and beyond! Step inside and be impressed by the bright, open-concept layout featuring soaring vaulted ceilings, brand-new vinyl plank flooring throughout, and fresh modern paint that creates a move-in-ready space you'll love coming home to. Expansive windows flood the home with natural light, while two private decks provide the perfect setting to enjoy your morning coffee, entertain guests, or unwind as you take in the spectacular city and mountain views. The thoughtfully designed floor plan offers two spacious bedrooms, including a generous primary suite with its own ensuite bathroom, making it ideal for professionals, downsizers, or those seeking a lock-and-leave Okanagan lifestyle. Rarely offered, this home also includes two secure underground parking stalls—a valuable feature in this highly sought after location. INvue residents enjoy exceptional resort-style amenities, including a rooftop pool, relaxing hot tub expansive BBQ terrace where you can soak up the Okanagan sunshine while enjoying incredible views. Perfectly situated just mere steps from shopping, restaurants, coffee shops, parks, public transit and a short drive to downtown Kelowna, you'll have everything you need right at your doorstep. (id:63159)

Values & Trends

This listing

$572/sqft

Building average

$601/sqft

1 active listing(s)

Springfield/Spall average

$520/sqft

62 active listing(s)

Parking: 2 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

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

56

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
Kelowna Christian School(Independent)K-121.8 km
A S Matheson ElementaryElementary2.2 km
Springvalley ElementaryElementary2.2 km
Springvalley Middle SchoolElementary2.2 km
Immaculata Regional High School(Independent)Secondary2.2 km
Glenmore ElementaryElementary2.3 km
Bankhead 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+)

  • Mon Thong · 1876 Cooper Road179 m
  • The Chopped Leaf · 1876 Cooper Road221 m
  • Red Robin308 m
  • Pizza Hut450 m
  • Bluetail Sushi · 102-1873 Spall Road481 m

Cafes (5+)

  • Perc's Place259 m
  • Frequency Cafe · 2041 Harvey Avenue421 m
  • Tim Hortons · 2271 Harvey Ave452 m
  • Blenz Coffee · 2271 Harvey Avenue547 m
  • Formosa Tea Cafe · 2070 Harvey Avenue557 m

Grocery (3)

  • Save-On-Foods · 1876 Cooper Road326 m
  • Olivia's Oils & Vinegars · 2271 Harvey Avenue547 m
  • Springfield Bulk Foods · 1889 Springfield Road561 m

Parks (2)

  • Barlee Park210 m
  • Unnamed789 m

Shopping (4)

  • Orchard Plaza Mall210 m
  • Hudson's Bay · 2271 Harvey Avenue490 m
  • Orchard Park Mall · 2271 Harvey Avenue550 m
  • Dollar Store599 m

Gyms (1)

  • Planet Fitness · 2271 Harvey Avenue650 m

Pharmacies (2)

  • London Drugs · 1950 Harvey Avenue590 m
  • Shoppers Drug Mart · 2271 Harvey Avenue653 m

Banks & ATMs (5+)

  • Valley First · 1860 Cooper Road385 m
  • RBC · 1840 Cooper Road418 m
  • Interior Savings448 m
  • CIBC · 2107 Harvey Avenue526 m
  • CIBC536 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 2040 Springfield Road

View building profile →
Built 2009

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$816.77
Total monthly cost$3,908.41
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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