485 Groves Street Unit# 704
Kelowna, BC V1Y0C1
$549,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $345/mo
- Annual property tax
- $2,526.08
Interior
- Heating
- Heat Pump, See remarks
- Cooling / A/C
- Central air conditioning, Heat Pump
- Fireplace
- None
- Flooring
- Tile, Laminate, Carpeted
Exterior & Lot
- Pool
- Outdoor pool
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed
- 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 |
|---|---|---|
| Utility room | Main level | 6'10'' x 2'11'' |
| Foyer | Main level | 6'7'' x 7'7'' |
| Den | Main level | 6'7'' x 11'5'' |
| Kitchen | Main level | 8'5'' x 12'10'' |
| Living room | Main level | 14'1'' x 10'11'' |
| Primary Bedroom | Main level | 10'1'' x 11'1'' |
| 5pc Ensuite bath | Main level | 8'0'' x 8'6'' |
Listing Information
- MLS®
- 10384542
- Listed
- April 28, 2026
- Time on market
- On the market for 125 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.
Description
She’s cute, she’s central, and she’s about to be yours! Meticulously maintained 1 bedroom + den, 1 bathroom in SOPA Square with stunning south-facing lake and mountain views. This bright, open-concept condo brings the wow factor with floor-to-ceiling windows, high-end finishes, the perfect layout, and a dream kitchen with a Wolf gas range—basically everything you didn’t know you needed but definitely want. Located on the 7th floor of a solid concrete building in one of South Pandosy’s most sought-after locations, it strikes the perfect balance between city energy and laid-back lake life. The open den could be used as an extra closet and is ready to flex as your home office, reading nook, or “I need more space” solution. The bathroom keeps it generous with double sinks and a large bathtub for actual unwinding. Step out onto your oversized south-facing deck for morning coffee, sunset wine, and those “okay I get why I live here” moments overlooking the lake. Just steps to the beach, coffee shops, restaurants, boutiques, parks and everything you love about the neighbourhood, this is for someone who wants it all right outside their door. Includes 1 parking stall, 1 storage locker, and resort-style amenities—outdoor pool, hot tub, fitness centre, sun terrace, and fire pit lounge. A rare SOPA Square 1 bedroom that doesn’t come around often at this price… and definitely doesn’t stick around. (id:63159)
Values & Trends
This listing
$823/sqft
Building average
—
No other active listings in this building
Kelowna South average
$618/sqft
53 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
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
| School | Type | Distance |
|---|---|---|
| Raymer Elementary | Elementary | 284 m |
| Kelowna Secondary | Secondary | 978 m |
| KLO Middle School | Middle | 1.2 km |
| Casorso Elementary | Elementary | 1.4 km |
| A S Matheson Elementary | Elementary | 1.7 km |
| St Joseph Elementary School(Independent) | Elementary | 1.9 km |
| Immaculata Regional High School(Independent) | Secondary | 2.0 km |
| Central School Programs | K-12 | 2.0 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+)
- Chutney · 3011 Pandosy Street98 m
- The Canadian Brewhouse · 3030 Pandosy Street99 m
- Soy118 m
- Hector's Casa140 m
- Original Joe's204 m
Cafes (5+)
- Bean scene71 m
- Bread Co.98 m
- The Marmalade Cat Cafe154 m
- Blenz Coffee185 m
- Starbucks358 m
Grocery (3)
- Lakview Market119 m
- Urban Fare403 m
- Save-On-Foods495 m
Parks (5+)
- Abbott Park166 m
- waterfront park249 m
- West Avenue Beach Access380 m
- Osprey Park396 m
- Watt Park485 m
Gyms (2)
- Orangetheory Fitness · 590 K.L.O. Road188 m
- The Athlete Den Training & Rehab Studio Inc. · 3320 Richter Street658 m
Pharmacies (1)
- Pharmasave433 m
Banks & ATMs (3)
- RBC Royal Bank138 m
- TD331 m
- BMO424 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($29,990) — 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.