515 Houghton Road Unit# 311
Kelowna, BC V7X7P9
$389,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $525/mo
- Annual property tax
- $2,134
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- Wall unit
- Fireplace
- None
- Flooring
- Carpeted, Ceramic Tile
Exterior & Lot
- Exterior features
- Vinyl siding
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Restrictions apply
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| 4pc Ensuite bath | Main level | — |
| Bedroom | Main level | 9'0'' x 9'0'' |
| Primary Bedroom | Main level | 11'4'' x 12'6'' |
| Kitchen | Main level | 12'0'' x 14'0'' |
| Dining room | Main level | 9'0'' x 12'6'' |
| Living room | Main level | 12'6'' x 13'0'' |
Listing Information
- MLS®
- 10390972
- Listed
- June 10, 2026
- Time on market
- On the market for 82 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
Top-Floor 2-Bed, 2-Bath Condo in Prime Location – Welcome to Magnolia Gardens! Welcome home to this beautifully appointed top-floor 2-bedroom, 2-bathroom condo, ideally located just steps from shopping, dining, and public transit. The spacious primary suite features a large ensuite complete with a relaxing soaker tub and a walk-in glass shower. The kitchen offers ample storage space and opens seamlessly to the living area—perfect for entertaining guests or enjoying a quiet evening in. Step outside onto your large, private patio and take in the Okanagan summers in your own peaceful retreat. Located in the sought-after Magnolia Gardens complex, this well-maintained building offers excellent amenities including a fully equipped gym, a welcoming clubhouse, and a social room—ideal for gatherings or casual relaxation. Unit comes with a climate controlled storage locker and a parking space. (id:63159)
Values & Trends
This listing
$355/sqft
Building average
—
No other active listings in this building
Rutland North average
$454/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 | 632 m |
| Pearson Road Elementary | Elementary | 821 m |
| Rutland Middle School | Middle | 985 m |
| Kelowna Arts Academy(Independent) | K-12 | 999 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 Fiesta331 m
- Fusion Food Lounge745 m
- Memphis Blues749 m
- Jaide & Joel's Baking Company · 555 Montgomery Road757 m
Cafes (3)
- Unnamed372 m
- Dosa Crepe Cafe · Gray Road750 m
- Starbucks754 m
Grocery (2)
- IGA188 m
- Save-On-Foods614 m
Parks (5+)
- Rutland Bluff Linear Park169 m
- Roxby Square513 m
- Rutland Centennial Park552 m
- Ben Lee Park608 m
- Rutland Lions Park733 m
Pharmacies (2)
- Paragon265 m
- Shoppers Drug Mart482 m
Banks & ATMs (3)
- TD543 m
- First West Credit Union · 110 Highway 33 West683 m
- Basha Donair - Bitcoin Well ATM · 135 Rutland Road North747 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,450) — 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.