Property Type: Condo / ApartmentOwnership: Strata

547 Yates Road Unit# 314

Kelowna, BC V1V2T9

$398,000

2 bed2 bath1 parking904 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
$406/mo
Annual property tax
$2,431.35

Interior

Heating
Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Laminate, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Cedar Siding, Other
View
Valley view
Pool
Outdoor pool

Building

Foundation
Block
Roof
Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
BedroomMain level11'0'' x 9'5''
4pc Ensuite bathMain level8'2'' x 6'11''
Primary BedroomMain level12'3'' x 15'1''
KitchenMain level12'11'' x 12'0''
Living roomMain level15'5'' x 12'0''
OfficeMain level8'8'' x 4'9''
3pc BathroomMain level8'1'' x 8'2''
FoyerMain level4'8'' x 10'0''

Listing Information

MLS®
10390540
Listed
June 8, 2026
Time on market
On the market for 84 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 popular communities, built by the award-winning Mission Group. This corner unit offers 854 sq. ft. of bright and functional living space with 2 bedrooms and 2 bathrooms. The desirable corner location provides extra windows, abundant natural light, and added privacy. The open-concept layout features a spacious kitchen with stainless steel appliances, ample cabinetry, and a seamless flow into the living and dining areas. Step onto the covered deck to enjoy your morning coffee or relax at the end of the day. The primary bedroom includes a walk-in closet and full ensuite, while the second bedroom and bathroom offer flexibility for guests, roommates, or a home office. The Verve is known for its outstanding amenities, including a heated outdoor pool, beach volleyball court, clubhouse, fitness room, BBQ area, and beautifully maintained green space. Pet-friendly and investor-friendly, this home also includes secure parking and storage. Ideally located on a direct bus route to UBCO and just minutes from shopping, restaurants, Kelowna International Airport, and downtown Kelowna, this move-in-ready condo is perfect for first-time buyers, students, professionals, or investors seeking an exceptional North Kelowna lifestyle. (id:63159)

Values & Trends

This listing

$440/sqft

Building average

$456/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 ElementaryElementary364 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 Road775 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road72 m

Parks (3)

  • Valley Glen Wetland266 m
  • Sutton Glen Park527 m
  • Caro Park733 m

Pharmacies (1)

  • Pharmasave · 437 Glenmore Road686 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road64 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$318,400.00
Periodic payment — Principal & Interest (monthly)$2,054.21
Additional monthly expenses (strata, tax, utilities, etc.)$653.41
Total monthly cost$2,707.62
Interest paid over 5-yr term$91,254.36
Balance at end of term$286,401.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,900
Stress test qualifying rate8.09%
Payment you must qualify for$2,907.46

Cash Needed at Closing

Minimum down payment$19,900
Estimated BC PTT$5,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,360

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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