500 Lester Road Unit# 9
Kelowna, BC V1X6E2
$549,900
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Strata
- Strata / maintenance fee
- $401/mo
- Annual property tax
- $2,911.59
Interior
- Basement
- Full
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling / A/C
- Window air conditioner, Heat Pump
- Fireplace
- None
- Flooring
- Laminate
Exterior & Lot
- Exterior features
- Stucco, Other
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Carport
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
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Basement | 12'10'' x 16'4'' |
| Partial bathroom | Main level | 4'11'' x 4'6'' |
| 3pc Ensuite bath | Second level | 5'11'' x 5'6'' |
| Bedroom | Second level | 9'1'' x 10'11'' |
| Bedroom | Second level | 11'1'' x 11'7'' |
| Family room | Basement | 11'8'' x 9'6'' |
| Dining room | Main level | 10'6'' x 11'6'' |
| Laundry room | Second level | 7' x 6'5'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 10'5'' x 13'8'' |
| Primary Bedroom | Second level | 11'6'' x 13'7'' |
| Kitchen | Main level | 9'1'' x 12'10'' |
| Living room | Main level | 13'7'' x 17'3'' |
Listing Information
- MLS®
- 10389268
- Listed
- May 29, 2026
- Time on market
- On the market for 94 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Okanagan · Data source: CREA DDF.
Description
FINAL PRICE REDUCTION. Now offering exceptional value as Kelowna's lowest priced (by far) move-in-ready 5-bedroom home with vacant possession. Property will soon be rented if not under offer. No further price reductions. Current owner invested in significant upgrades to this home - finished basement with fifth bedroom & also installed efficient heat pumps for heating & cooling - rare for this community. Now being sold at a significant loss. Centrally located with exceptional access to shopping, schools, parks, and major routes. Freshly repainted, this bright end-unit townhouse features mountain views, generous living space, a family-friendly layout. The main floor seamlessly flows from a galley kitchen through the dining area into a spacious living room. French doors open to a small patio, garden space, and green area. Upstairs offers three well-sized bedrooms, including a primary suite with a walk-in closet and 3-piece ensuite. The second bedroom features French doors to a balcony, also accessible from the upper laundry room. A full bathroom completes this level. The fully finished basement adds two bedrooms & flex space for a family room, office, or gym. Additional highlights include a double carport, garden shed, and a common area with a playground. With quick access to UBC, YLW, Orchard Park, and the rest of Kelowna, this is a rare, turn-key opportunity. Select photos have been virtually staged to showcase potential layout. (id:63159)
Values & Trends
This listing
$250/sqft
Building average
$209/sqft
1 active listing(s)
Rutland North average
$360/sqft
19 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
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
22
3/9 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 |
|---|---|---|
| Kelowna Arts Academy(Independent) | K-12 | 322 m |
| Flex Academy(Independent) | K-12 | 717 m |
| Springvalley Middle School | Elementary | 1.1 km |
| Pearson Road Elementary | Elementary | 1.1 km |
| Springvalley Elementary | Elementary | 1.2 km |
| Quigley Elementary | Elementary | 1.8 km |
| Rutland Middle School | Middle | 2.0 km |
| Rutland Senior Secondary | Elementary | 2.2 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)
- Bluetail Sushi · #102-1675 Commerce Avenue346 m
Cafes (1)
- Starbucks178 m
Parks (2)
- Unnamed565 m
- Ben Lee Park699 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.