Property Type: Detached HouseOwnership: Freehold

550 Yates Road Unit# 212 Lot# 15

Kelowna, BC V1V1Z4

$765,000

2 bed2 bath4 parking1,465 sqftBuilt 1995
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Amenities

Also listed: Whirlpool, Clubhouse, Cable TV

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.09 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$335/mo
Annual property tax
$3,803.02

Maintenance Fee Includes

WaterManagement

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

Interior

Basement
Crawl space
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Insert
Flooring
Hardwood

Exterior & Lot

Exterior features
Stone, Vinyl siding
View
River view
Waterfront
Waterfront on creek
Pool
Inground pool, Indoor pool, Outdoor pool
Lot features
Level lot, Private setting, Central island

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Parcel ID (PID)
023-102-071

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Rentals
Allowed with restrictions
Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

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

Room Dimensions

RoomLevelDimensions
OtherMain level7'9'' x 11'11''
OtherMain level19'5'' x 20'4''
FoyerMain level7'8'' x 8'8''
Laundry roomMain level8' x 11'4''
3pc BathroomMain level5' x 9'5''
BedroomMain level11'2'' x 12'7''
4pc Ensuite bathMain level8'1'' x 7'3''
Primary BedroomMain level11'3'' x 15'3''
Dining nookMain level7'2'' x 8'
Dining roomMain level14'7'' x 8'7''
Family roomMain level13'2'' x 10'10''
KitchenMain level10'5'' x 9'10''
Living roomMain level13'1'' x 13'

Listing Information

MLS®
10372072
Listed
May 5, 2026
Time on market
On the market for 118 days
Data last synced
August 29, 2026

Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.

Description

DESIRABLE SANDALWOOD 55+ GATED COMMUNITY! FREEHOLD BARELAND STRATA TITLE .091 ACRE! ON THE WATERSCAPE! DOUBLE GARAGE! NO POLY B WATER PIPING! QUICK POSSESSION! Detached 1,465 square foot rancher with 2 bedrooms, 2 full bathrooms. All available window coverings & appliances included. Features include: Roof June 2025 $12,960, Furnace & Air Conditioner Sept 2020 $9,758.58, low monthly maintenance fee $335, vaulted ceiling, hardwood & tile floors, bay windows, formal living room/dining room with fireplace, great room / kitchen open plan with fireplace & access to covered patio & waterscape, underground irrigation. One of the best complexes for amenities: social functions, indoor/outdoor pools, hot tub, exercise room, games room with pool tables & more, library, BBQ grill on patio, kitchen that can accommodate 120 people, mailroom, 45 RV parking spaces (as available with low fee TBD). Rentals allowed with restrictions (55+). One cat & one dog allowed (no height or weight restrictions) or 2 cats, dogs exhibiting aggressive behavior are prohibited. Incredible central location close to shopping, medical center, restaurants, walking trails and more. Hot Water Tank 10 years old sold “as is”. (id:63159)

Values & Trends

This listing

$522/sqft

Building average

No other active listings in this building

North Glenmore average

$527/sqft

30 active listing(s)

Parking: 4 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

44

6/9 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 ElementaryElementary281 m
Glenmore ElementaryElementary1.5 km
Dr Knox Middle SchoolMiddle1.8 km
North Glenmore ElementaryElementary2.3 km
Bankhead ElementaryElementary2.6 km
Kelowna Arts Academy(Independent)K-123.4 km
Springvalley Middle SchoolElementary3.5 km
Springvalley ElementaryElementary3.6 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 (4)

  • EK's Grill · 401 Glenmore Road663 m
  • Satang Thai Cuisine · 1970 Kane Road733 m
  • Dozo House Sushi · 1970 Kane Road752 m
  • Aroma Pizza · 1940 Kane Road789 m

Cafes (3)

  • Blenz Coffee · 538 Yates Road84 m
  • Starbucks · 1970 Kane Road733 m
  • Tim Hortons · 1936 Kane Road733 m

Parks (3)

  • Valley Glen Wetland164 m
  • Sutton Glen Park405 m
  • Ballou Park791 m

Gyms (1)

  • Neu Movement · 1974 Kane Road765 m

Pharmacies (2)

  • Pharmasave · 437 Glenmore Road571 m
  • Shoppers Drug Mart · 1972 Kane Road799 m

Banks & ATMs (2)

  • TD Canada Trust · 532 Yates Road98 m
  • Interior Savings Credit Union · 1982 Kane Road797 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($51,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$612,000.00
Periodic payment — Principal & Interest (monthly)$3,948.42
Additional monthly expenses (strata, tax, utilities, etc.)$724.92
Total monthly cost$4,673.33
Interest paid over 5-yr term$175,400.96
Balance at end of term$550,495.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,486.57

Cash Needed at Closing

Minimum down payment$51,500
Estimated BC PTT$13,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,300

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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