515 Houghton Road Unit# 220
Kelowna, BC V1X8B9
$415,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $659/mo
- Annual property tax
- $2,389.23
Interior
- Heating
- Baseboard heaters
- Cooling / A/C
- Wall unit
- Fireplace
- None
Parking
- Total spaces
- 1 — covered indicated
- Features
- Underground, Heated Garage, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Main level | 5'6'' x 8' |
| 5pc Bathroom | Main level | 9'1'' x 10'2'' |
| Laundry room | Main level | 7'3'' x 5'10'' |
| Bedroom | Main level | 9'9'' x 11'7'' |
| Office | Main level | 9'6'' x 9'1'' |
| Primary Bedroom | Main level | 18'6'' x 17'3'' |
| 3pc Bathroom | Main level | 8'5'' x 8'3'' |
| Living room | Main level | 27'1'' x 22'7'' |
| Kitchen | Main level | 8'4'' x 13'3'' |
Listing Information
- MLS®
- 10397402
- Listed
- August 12, 2026
- Time on market
- On the market for 19 days
- Data last synced
- August 28, 2026
Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.
Description
Welcome to Magnolia Gardens — at 1,319 sq ft, the largest floorplan in the building, & one of the few with a den. The layout is what sets it apart. The 2 bedrooms sit on opposite sides of the home, separated by the open living space, so privacy is built in — ideal for a roommate, guests, or a home office that doesn't spill into the rest of your life. The primary is generously sized with a walk-in closet & a 5-piece ensuite. The den, with glass French doors, is a real room: work from home, set up the gym, or use it as the flex space you've never had. Kitchen, dining & living run open through the center, and a covered deck opens off the living room. In-unit laundry with newer LG machines, wall-mounted A/C, 1 secured u/g stall and a storage locker. Magnolia Gardens is a step above on amenities: a fully equipped clubhouse with kitchen, pool table, TV lounge, shuffleboard and a bookable dining room, plus a fitness center, BBQ and party room, guest suites for visiting family, a carpentry workshop, secure bike storage and a car wash bay. Elevator access, secured entry, visitor parking + an active social calendar. Step outside and the multi-use path takes you straight to Ben Lee Park. Groceries, restaurants and transit are all within walking distance, with UBC Okanagan, the airport and downtown Kelowna close at hand. Pet-friendly (with some restrictions), no age restrictions and a central location make this a smart buy. (id:63159)
Values & Trends
This listing
$315/sqft
Building average
—
No other active listings in this building
Rutland North average
$455/sqft
47 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
48
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
| School | Type | Distance |
|---|---|---|
| Flex Academy(Independent) | K-12 | 631 m |
| Pearson Road Elementary | Elementary | 816 m |
| Rutland Middle School | Middle | 983 m |
| Kelowna Arts Academy(Independent) | K-12 | 997 m |
| Rutland Senior Secondary | Elementary | 1.0 km |
| South Rutland Elementary | Elementary | 1.1 km |
| Belgo Elementary School | Elementary | 1.2 km |
| Quigley Elementary | Elementary | 1.3 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 (4)
- Latin Fiesta336 m
- Fusion Food Lounge749 m
- Memphis Blues752 m
- Jaide & Joel's Baking Company · 555 Montgomery Road756 m
Cafes (3)
- Unnamed374 m
- Dosa Crepe Cafe · Gray Road754 m
- Starbucks757 m
Grocery (2)
- IGA191 m
- Save-On-Foods618 m
Parks (5+)
- Rutland Bluff Linear Park174 m
- Roxby Square517 m
- Rutland Centennial Park554 m
- Ben Lee Park605 m
- Rutland Lions Park738 m
Pharmacies (2)
- Paragon268 m
- Shoppers Drug Mart487 m
Banks & ATMs (3)
- TD547 m
- First West Credit Union · 110 Highway 33 West687 m
- Basha Donair - Bitcoin Well ATM · 135 Rutland Road North751 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,750) — 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.