Property Type: Condo / ApartmentOwnership: Strata

489 Highway 33 W Unit# 121

Kelowna, BC V1X1Y2

$204,900

2 bed2 bath1 parking1,180 sqftBuilt 1987
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Amenities

Concierge

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$372/mo
Annual property tax
$100

Maintenance Fee Includes

WaterManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

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

Exterior & Lot

Exterior features
Stucco

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Parkade, See Remarks, Additional Parking

Restrictions & Policies

Pets
Not 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
SunroomMain level7' x 12'
Laundry roomMain level6'0'' x 8'0''
4pc BathroomMain level8'6'' x 5'0''
3pc Ensuite bathMain level6'0'' x 8'6''
BedroomMain level9'9'' x 11'0''
Primary BedroomMain level12'0'' x 12'6''
KitchenMain level10'0'' x 12'0''
Dining roomMain level10'0'' x 12'0''
Living roomMain level12'0'' x 16'6''

Listing Information

MLS®
10371921
Listed
January 6, 2026
Time on market
On the market for 237 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

AFFORDABLE, SECURE LIVING IN KELOWNA!! For Age 50+. Exceptional / Quiet location in the building with morning Sun and views over a beautiful park like setting. Positioned on the 1st level provides easy access directly to your suite. Laminate flooring predominately throughout. This spacious (1180 sq ft) floor plan offers 2 large bedrooms, 2 full bathrooms, laundry rm, enclosed deck, eat in kitchen as well as dining area. Valued amenities in they building include; gathering area with kitchen, library/games room w/ pool table, workshop, 2 guest suites, community gardens, secure underground parking, wheel chair access & storage locker. Amenities close by include, Transit, IGA/Save on foods,Shoppers Drug Mart, church, doctors, dentists, banks, parks etc.. Residents must be Age 50+, No Pets, No Rentals, No Smoking, Quality building with very affordable living enabling property tax at $100 if over 65, plus monthly Maintenance fee of $372. Possession is by way of transfer of membership in the Housing Society. NO financing available with Housing Societies. Completion of sale is by transfer of membership; No Property Transfer Tax, No Lawyers to register at land titles, (all completed internally with Willow Terrace Housing Society, founded by the Mennonite Church). Great Value!! Great Community!! (id:63159)

Values & Trends

This listing

$174/sqft

Building average

No other active listings in this building

Rutland South average

$375/sqft

17 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

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

44

6/9 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
Belgo Elementary SchoolElementary691 m
Flex Academy(Independent)K-12834 m
Quigley ElementaryElementary870 m
South Rutland ElementaryElementary933 m
Okanagan Christian School(Independent)K-121.1 km
Kelowna Arts Academy(Independent)K-121.2 km
Pearson Road ElementaryElementary1.3 km
Rutland Senior SecondaryElementary1.3 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+)

  • Latin Fiesta242 m
  • Fusion Food Lounge555 m
  • Vancouver Pizza Kitchen · 225 Rutland Road South586 m
  • Alcatraz Chicken · 225 Rutland Road South588 m
  • Memphis Blues654 m

Cafes (3)

  • Unnamed441 m
  • Dosa Crepe Cafe · Gray Road553 m
  • Starbucks644 m

Grocery (2)

  • IGA376 m
  • Save-On-Foods400 m

Parks (5+)

  • Rutland Bluff Linear Park357 m
  • Hollywood Park367 m
  • Roxby Square400 m
  • Rutland Lions Park402 m
  • Rutland Centennial Park642 m

Pharmacies (3)

  • Shoppers Drug Mart225 m
  • Paragon313 m
  • The Local Pharmacy · 225 Rutland Road South586 m

Banks & ATMs (4)

  • TD333 m
  • First West Credit Union · 110 Highway 33 West574 m
  • Interior Savings603 m
  • Basha Donair - Bitcoin Well ATM · 135 Rutland Road North651 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$163,920.00
Periodic payment — Principal & Interest (monthly)$1,057.56
Additional monthly expenses (strata, tax, utilities, etc.)$439.33
Total monthly cost$1,496.89
Interest paid over 5-yr term$46,979.94
Balance at end of term$147,446.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,245
Stress test qualifying rate8.09%
Payment you must qualify for$1,496.83

Cash Needed at Closing

Minimum down payment$10,245
Estimated BC PTT$2,098
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,843

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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