Property Type: Condo / ApartmentOwnership: Strata

547 Yates Road Unit# 214

Kelowna, BC V1V2T9

$399,000

2 bed2 bath1 parking902 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$396/mo
Annual property tax
$2,363

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions

Interior

Heating
Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Laminate, Carpeted

Exterior & Lot

Exterior features
Vinyl siding
Pool
Inground pool

Building

Roof
Asphalt shingle, Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level8'2'' x 8'3''
4pc Ensuite bathMain level8'3'' x 6'11''
BedroomMain level11' x 9'5''
Primary BedroomMain level12'4'' x 14'11''
Living roomMain level15'6'' x 12'1''
KitchenMain level12'10'' x 12'
FoyerMain level4'7'' x 9'11''

Listing Information

MLS®
10385193
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

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

Description

Welcome to The Verve, one of North Glenmore's most recognizable condo communities, built by the award-winning Mission Group and a consistent favourite among first-time buyers, young families, and investors looking for a well-located entry into the Kelowna market. This CORNER UNIT on the second floor offers a bright, functional layout with laminate flooring through the main living areas, a kitchen with stainless steel appliances, and a covered deck off the kitchen that looks out over the complex's green space below, a genuinely pleasant spot to sit with your morning coffee. The primary bedroom includes a walk-in closet and a four-piece ensuite, and the three-piece bathroom conveniently houses the stacking washer and dryer. At 902 sq ft, the unit lives larger than it sounds. The Verve's amenity package is one of the strongest at this price point in the city, with an oversized kidney-shaped heated pool, a full-sized sand volleyball court, an outdoor BBQ area, a clubhouse, and an exercise room, all set within beautifully maintained green space. The unit comes with underground parking and a storage locker, and the community is pet-friendly. Situated directly on a bus route to UBCO, within easy walking distance to shops, restaurants, and everyday services, and just minutes to Kelowna International Airport and the downtown core, this one is hard to beat for convenience and lifestyle at an accessible price. (id:63159)

Values & Trends

This listing

$442/sqft

Building average

$455/sqft

2 active listing(s)

North Glenmore average

$470/sqft

19 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

Clear

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

37

5/9 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
Watson Road ElementaryElementary384 m
Glenmore ElementaryElementary1.3 km
Dr Knox Middle SchoolMiddle1.9 km
North Glenmore ElementaryElementary2.4 km
Bankhead ElementaryElementary2.5 km
Kelowna Arts Academy(Independent)K-123.4 km
Springvalley Middle SchoolElementary3.5 km
The Balsam School(Independent)Elementary3.6 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)

  • EK's Grill · 401 Glenmore Road799 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road94 m

Parks (3)

  • Valley Glen Wetland286 m
  • Sutton Glen Park551 m
  • Caro Park711 m

Pharmacies (1)

  • Pharmasave · 437 Glenmore Road709 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road85 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$638.17
Total monthly cost$2,697.54
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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.

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