Property Type: Condo / ApartmentOwnership: Strata

547 Yates Road Unit# 405

Kelowna, BC V1V2T9

$338,888

1 bed1 bath1 parking722 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
$315/mo
Annual property tax
$1,957.37

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Laminate, Carpeted

Exterior & Lot

View
Mountain view
Pool
Inground pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed
Age / occupancy
Adult-oriented (no young children)

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

Room Dimensions

RoomLevelDimensions
Living roomMain level11'9'' x 10'11''
KitchenMain level18'3'' x 5'0''
Dining roomMain level10'9'' x 6'9''
Primary BedroomMain level13'10'' x 9'6''
4pc BathroomMain level6'11'' x 9'5''

Listing Information

MLS®
10385335
Listed
April 29, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan · Data source: CREA DDF.

Description

NEW FLOORING NEW PAINT! VACANT! READY TO GO! TOP-FLOOR UNIT IN IMMACULATE CONDITION makes a fantastic investment property or the perfect place to call home! Bright, open-concept with a galley kitchen - 1-bedroom, 1-bath condo at The Verve. Open living space with a spacious primary bedroom and walk-in closet. There is a small separate space in the unit perfect for a work-from-home situation or more closet space. Brand-new washer and dryer! Take advantage of the outdoor pool, sand volleyball court, and barbecue patio at The Verve. Conveniently located in Glenmore, close to UBCO, bus routes, shops, restaurants, parks & trails. Includes all appliances. 1 underground parking stall and storage locker. Long-term rentals and pets allowed with restrictions. You will not be disappointed by this beautiful unit. (id:63159)

Values & Trends

This listing

$469/sqft

Building average

$441/sqft

2 active listing(s)

North Glenmore average

$468/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

33

4/9 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 ElementaryElementary413 m
Glenmore ElementaryElementary1.3 km
Dr Knox Middle SchoolMiddle1.9 km
North Glenmore ElementaryElementary2.4 km
Bankhead ElementaryElementary2.4 km
Kelowna Arts Academy(Independent)K-123.4 km
Springvalley Middle SchoolElementary3.5 km
The Balsam School(Independent)Elementary3.5 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

Cafes (1)

  • Blenz Coffee · 538 Yates Road123 m

Parks (3)

  • Valley Glen Wetland303 m
  • Sutton Glen Park579 m
  • Caro Park692 m

Pharmacies (1)

  • Pharmasave · 437 Glenmore Road738 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road113 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,944) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,110.00
Periodic payment — Principal & Interest (monthly)$1,749.11
Additional monthly expenses (strata, tax, utilities, etc.)$514.20
Total monthly cost$2,263.31
Interest paid over 5-yr term$77,700.91
Balance at end of term$243,864.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,944
Stress test qualifying rate8.09%
Payment you must qualify for$2,475.63

Cash Needed at Closing

Minimum down payment$16,944
Estimated BC PTT$4,778
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,222

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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