538 McKay Avenue Unit# 401
Kelowna, BC V1Y5A8
$1,075,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $1,310/mo
- Annual property tax
- $4,798.88
Maintenance Fee Includes
Also included: Insurance, Other, See Remarks, Reserve Fund Contributions
Interior
- Heating
- Forced air, In Floor Heating, See remarks, Other
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Tile, Other
Exterior & Lot
- Exterior features
- Stone, Stucco
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 3 — covered indicated
- Features
- Carport, Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Main level | 8'1'' x 5'11'' |
| Laundry room | Main level | 8'1'' x 7'9'' |
| 3pc Bathroom | Main level | 9'9'' x 8'10'' |
| Bedroom | Main level | 19'5'' x 13'10'' |
| Bedroom | Main level | 19'6'' x 13'8'' |
| 4pc Ensuite bath | Main level | 9'11'' x 9'4'' |
| Primary Bedroom | Main level | 15'6'' x 19'9'' |
| Den | Main level | 13'3'' x 10'10'' |
| Office | Main level | 10' x 11'2'' |
| Living room | Main level | 17'4'' x 21'6'' |
| Dining room | Main level | 9'6'' x 22'10'' |
| Kitchen | Main level | 8' x 22'10'' |
Listing Information
- MLS®
- 10378786
- Listed
- March 11, 2026
- Time on market
- On the market for 173 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
Pandosy Village Penthouse! Featuring an impressive 2,478 sq. ft. of living space this elegant residence includes 3 bedrooms, 2 bathrooms, a glass-walled den and a dedicated office with new custom cabinetry. The bright open-concept kitchen, dining and living area showcases a vaulted ceiling, a stone-encased gas fireplace, abundant natural light and seamless access to two private patios. The upscale kitchen which was updated in 2022 with custom cabinets and quartz countertops also provides a large island with additional under storage, a walk-in pantry and top of the line appliances including a Sub-Zero refrigerator, a Wolf gas cooktop and a Wolf oven with a warming drawer. Comfort is elevated with zone-controlled radiant heated Travertine flooring and surround-sound built-in speakers throughout. The spacious primary suite features a 4-piece ensuite with a soaker tub and a walk-in closet, while the additional bedrooms and full bathroom are thoughtfully positioned on the opposite end of the home for privacy. Complete with three designated parking stalls, this beautifully designed penthouse offers spacious living, impressive finishings and exceptional walkability to nearby shopping, cafe's, KGH, the lake and nearby beaches. (id:63159)
Values & Trends
This listing
$434/sqft
Building average
—
No other active listings in this building
Kelowna South average
$625/sqft
53 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
52
7/9 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 |
|---|---|---|
| Raymer Elementary | Elementary | 223 m |
| Kelowna Secondary | Secondary | 954 m |
| KLO Middle School | Middle | 1.3 km |
| A S Matheson Elementary | Elementary | 1.4 km |
| St Joseph Elementary School(Independent) | Elementary | 1.5 km |
| Central School Programs | K-12 | 1.6 km |
| Central Secondary | Secondary | 1.6 km |
| Casorso Elementary | Elementary | 1.7 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+)
- Original Joe's171 m
- Hector's Casa247 m
- Soy257 m
- Chutney · 3011 Pandosy Street429 m
- The Canadian Brewhouse · 3030 Pandosy Street464 m
Cafes (5+)
- Blenz Coffee199 m
- The Marmalade Cat Cafe231 m
- Bread Co.297 m
- Bean scene308 m
- Starbucks719 m
Grocery (2)
- Lakview Market463 m
- Urban Fare736 m
Parks (5+)
- Osprey Park134 m
- Kinsmen Park340 m
- Abbott Park362 m
- West Avenue Beach Access429 m
- Francis Avenue Beach Access532 m
Gyms (1)
- Orangetheory Fitness · 590 K.L.O. Road512 m
Pharmacies (2)
- Pharmasave770 m
- Remedy'sRx781 m
Banks & ATMs (3)
- RBC Royal Bank503 m
- TD638 m
- BMO786 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.7% ($82,500) — 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.