Property Type: TownhouseOwnership: Strata

205 Gerstmar Road Unit# 1

Kelowna, BC V1X4A6

$659,900

4 bed3 bath1 parking2,189 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$309/mo
Annual property tax
$3,110.43

Interior

Basement
Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, Additional Parking

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Recreation roomBasement15'2'' x 28'10''
BedroomBasement9'4'' x 13'4''
BedroomBasement11'0'' x 11'8''
Full bathroomBasement
Full bathroomMain level
4pc Ensuite bathMain level
BedroomMain level9'4'' x 9'11''
Primary BedroomMain level12'10'' x 13'6''
KitchenMain level10'0'' x 11'0''
Dining roomMain level11'2'' x 13'0''
Living roomMain level15'2'' x 16'0''

Listing Information

MLS®
10387166
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
August 28, 2026

Listing provided by: Judy Lindsay Okanagan · Data source: CREA DDF.

Description

This amazing renovated property with 4 bedrooms and 3 full bathrooms in a great neighborhood is priced to sell. Close to all amenities, new appliances and an enclosed garage. Super low strata fee and pet friendly; well worth your time to have a look. Such a clean property with pride of ownership throughout. Do not delay book your showing today. (id:63159)

Values & Trends

This listing

$301/sqft

Building average

No other active listings in this building

Rutland South average

$393/sqft

17 active listing(s)

Parking: 1 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

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

19

4/9 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 Arts Academy(Independent)K-12526 m
Flex Academy(Independent)K-12531 m
Springvalley Middle SchoolElementary687 m
Springvalley ElementaryElementary752 m
Quigley ElementaryElementary1.1 km
Pearson Road ElementaryElementary1.4 km
Okanagan Christian School(Independent)K-121.5 km
Belgo Elementary SchoolElementary1.6 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 (1)

  • hoang gai791 m

Cafes (1)

  • Unnamed753 m

Parks (3)

  • Davie Park311 m
  • Hollydell Park556 m
  • Ben Lee Park785 m

Shopping (1)

  • Canadian Tire · 2479 Highway 97 North632 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$527,920.00
Periodic payment — Principal & Interest (monthly)$3,405.96
Additional monthly expenses (strata, tax, utilities, etc.)$677.14
Total monthly cost$4,083.10
Interest paid over 5-yr term$151,303.39
Balance at end of term$474,865.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,759.20

Cash Needed at Closing

Minimum down payment$40,990
Estimated BC PTT$11,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,688

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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