Property Type: Condo / ApartmentOwnership: Leasehold / Strata

415 Commonwealth Road Unit# 2526

Kelowna, BC V4V2M4

$250,000

2 bed2 bath2 parking1,263 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Annual property tax
$1,314

Interior

Heating
See remarks
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted, Ceramic Tile

Exterior & Lot

Waterfront
Waterfront nearby
Pool
Pool, Outdoor pool

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
2

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Rentals
Allowed with restrictions
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
Full bathroomMain level4'7'' x 8'
Dining nookMain level7'9'' x 5'
BedroomMain level16' x 15'
Full bathroomMain level7' x 8'6''
Primary BedroomMain level12'2'' x 15'4''
Living roomMain level12' x 13'
Dining roomMain level8' x 13'
KitchenMain level8'9'' x 13'

Listing Information

MLS®
10363882
Listed
September 24, 2025
Time on market
On the market for 341 days
Data last synced
August 28, 2026

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

Description

Income potential! This 2 bedroom, 2 bathroom condo has the option to rent out the lock-off portion that features a bedroom with a kitchenette and bathroom. Live on one side, rent out the smaller portion! The condo is located on the second floor with parking by the stairs leading upstairs. 2046 Lease term which will be registered with the Federal Government. Only a few minutes walk to Woodlands Adult Rec Centre where you will find the library, games room, coin laundry, billiards, hot tub, conversation pool and pickleball court. The fenced in, off leash dog park is close by. Other amenities pools, hot tubs, golf course, gym, hair salon, shuffleboard, restaurant, social events, plus more. Long and short term rentals are allowed. There is no Property Transfer Tax. Close proximity to Kelowna International Airport, wineries, golf courses, ski hills, Rail Trail, shopping and entertainment. (id:63159)

Values & Trends

This listing

$198/sqft

Building average

$275/sqft

1 active listing(s)

Lake Country East / Oyama average

$372/sqft

5 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

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

7

1/9 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
HS Grenda Middle SchoolMiddle2.6 km
George Elliot SecondarySecondary2.8 km
Peter Greer ElementaryElementary2.9 km
Davidson Road ElementaryElementary5.3 km
Aberdeen Hall Preparatory School(Independent)K-127.9 km
Ellison ElementaryElementary8.1 km
North Glenmore ElementaryElementary9.1 km
Dr Knox Middle SchoolMiddle9.7 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 (2)

  • The Italian Kitchen393 m
  • The Jammery · 8038 Highway 97661 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 415 Commonwealth Road

View building profile →
Built 1996

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$200,000.00
Periodic payment — Principal & Interest (monthly)$1,290.33
Additional monthly expenses (strata, tax, utilities, etc.)$172.50
Total monthly cost$1,462.83
Interest paid over 5-yr term$57,320.57
Balance at end of term$179,900.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,826.29

Cash Needed at Closing

Minimum down payment$12,500
Estimated BC PTT$3,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,000

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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