Property Type: Condo / ApartmentOwnership: Strata

525 Nicola Street Unit# 701

Kamloops, BC V2C6J5

$329,900

2 bed1 bath1 parking867 sqftBuilt 1982
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$400/mo
Annual property tax
$2,265.09

Interior

Heating
Baseboard heaters
Cooling / A/C
Window air conditioner
Fireplace
None

Exterior & Lot

Exterior features
Concrete
View
Mountain view, River view, View of water, View (panoramic)

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Full bathroomMain level5' x 7'
FoyerMain level6' x 3'6''
StorageMain level6' x 7'8''
Primary BedroomMain level12'11'' x 11'6''
BedroomMain level11'6'' x 8'6''
Living roomMain level13'9'' x 11'4''
Dining roomMain level11'9'' x 15'8''
KitchenMain level9'9'' x 7'3''

Listing Information

MLS®
10395757
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Westwin Realty · Data source: CREA DDF.

Description

Enjoy sweeping city and mountain views from this well-maintained 7th-floor unit in Nicola Towers, ideally located in the heart of downtown Kamloops. This move-in ready 2-bedroom, 1-bathroom condo offers a spacious and functional layout with a generous dining area, a bright living room that opens onto a private north-facing balcony, and a primary bedroom with its own sliding glass door access to the outdoor space. There is also a large in unit storage room which could work as a home office or hobby room. The concrete construction provides excellent durability and sound attenuation, while secure underground parking and shared laundry add everyday convenience. Just minutes from Royal Inland Hospital, the Farmers' Market, restaurants, shopping, parks, and Riverside Park, this is an ideal opportunity for first-time buyers, downsizers, or anyone looking for a low-maintenance lock-and-leave lifestyle. Clean, well cared for, and ready for its next owner. (id:63159)

Values & Trends

This listing

$381/sqft

Building average

$440/sqft

3 active listing(s)

South Kamloops average

$518/sqft

34 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

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

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

8/9 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
First Baptist Classical Academy of Kamloops(Independent)K-12126 m
St. Ann's Academy(Independent)K-12625 m
Ecole Lloyd George ElementaryElementary664 m
South Kamloops SecondarySecondary801 m
Kamloops School of the ArtsK-121.0 km
Sa-Hali SecondaryElementary1.4 km
Beattie ElementaryElementary1.7 km
South Sa-Hali ElementaryElementary1.9 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+)

  • Denny's112 m
  • Sleepy's Diner291 m
  • Oriental Gardens389 m
  • Jacob’s Noodle & Cutlet · 264 4th Avenue425 m
  • Cordo Resto & Bar431 m

Cafes (5+)

  • ahhYaY318 m
  • Oasis Cafe339 m
  • Kekuli Cafe Coffee - Kamloops376 m
  • Amplified · 465 Victoria Street408 m
  • Tea House · 372 Seymour Street417 m

Grocery (2)

  • Daana Paani · 414 Seymour Street380 m
  • Save-On-Foods · 450 Lansdowne Street605 m

Parks (5+)

  • Kinsmen South Tot Lot · 975 PLEASANT ST498 m
  • Memorial Hill Park551 m
  • Gaglardi Square · 173 SEYMOUR ST644 m
  • Unnamed757 m
  • Peterson Creek Nature Park · 1440 GLENFAIR DR764 m

Shopping (2)

  • London Drugs · 450 Lansdowne Street566 m
  • Lansdowne Village571 m

Gyms (1)

  • Infusion Fitness · 773 Victoria Street636 m

Pharmacies (5+)

  • Manshadi Fharmacy · St Paul Street206 m
  • Columbia Street Pharmacy · 300 Columbia Street314 m
  • Pratt's · 321 Nicola Street365 m
  • Kipp-Mallery · 273 Victoria Street567 m
  • London Drugs · 450 Lansdowne Street579 m

Banks & ATMs (5+)

  • Mortgage Network · 328 Seymour Street465 m
  • TD · 301 Victoria Street537 m
  • Unnamed541 m
  • CIBC · 304 Victoria Street584 m
  • Bradford Financial Services · 774 Seymour Street588 m

Nearby places data: © OpenStreetMap contributors.

School district: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (strata, tax, utilities, etc.)$631.76
Total monthly cost$2,334.48
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,409.97

Cash Needed at Closing

Minimum down payment$16,495
Estimated BC PTT$4,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,593

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.

Request more information