551 Yates Road Unit# 405
Kelowna, BC V1V2V1
$485,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $444/mo
- Annual property tax
- $2,352.59
Interior
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Other
- Pool
- Outdoor pool
Building
- Roof
- Asphalt shingle, Other, Unknown
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Underground, Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | 2'9'' x 4'0'' |
| Den | Main level | 9'6'' x 5'1'' |
| Full bathroom | Main level | 7'10'' x 6'1'' |
| Bedroom | Main level | 12'8'' x 9'9'' |
| Dining room | Main level | 8'9'' x 15'5'' |
| Kitchen | Main level | 10'1'' x 11'0'' |
| Living room | Main level | 13'2'' x 11'0'' |
| Full ensuite bathroom | Main level | 8'5'' x 5'0'' |
| Primary Bedroom | Main level | 10'0'' x 16'0'' |
Listing Information
- MLS®
- 10397073
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna - Stone Sisters · Data source: CREA DDF.
Description
Quietly positioned on the peaceful side of The Verve with pool views, this 2 bed + den top floor corner unit offers a layout that's hard to find in a condo—2 full bathrooms, only one shared wall & the flexibility of a true den for a home office, guest space or hobby room. The open-concept living & dining area is centred around a functional kitchen, with original finishes offering a strong foundation to move in as-is or update over time. The primary bedroom includes a private ensuite, while the second bedroom & den round out a floor plan built for flexibility. Rare for the building: 2 secure parkade stalls plus a private storage locker. Residents of The Verve enjoy resort-style amenities including an oversized kidney-shaped pool, full-sized beach volleyball court & an outdoor BBQ area, all within walking distance of Brandt's Creek Crossing shops & restaurants, & just minutes to UBCO, the airport & downtown Kelowna. A great fit for first-time buyers, downsizers or investors looking for space, flexibility & location in one of North Glenmore's most established communities. (id:63159)
Values & Trends
This listing
$484/sqft
Building average
—
No other active listings in this building
North Glenmore average
$467/sqft
19 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
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
| School | Type | Distance |
|---|---|---|
| Watson Road Elementary | Elementary | 448 m |
| Glenmore Elementary | Elementary | 1.3 km |
| Dr Knox Middle School | Middle | 2.0 km |
| Bankhead Elementary | Elementary | 2.4 km |
| North Glenmore Elementary | Elementary | 2.5 km |
| Kelowna Arts Academy(Independent) | K-12 | 3.4 km |
| Springvalley Middle School | Elementary | 3.4 km |
| The Balsam School(Independent) | Elementary | 3.5 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
Restaurants (1)
- Murray's Pizza · 1924 Summit Drive794 m
Cafes (1)
- Blenz Coffee · 538 Yates Road158 m
Parks (3)
- Valley Glen Wetland323 m
- Sutton Glen Park613 m
- Caro Park675 m
Pharmacies (1)
- Pharmasave · 437 Glenmore Road773 m
Banks & ATMs (1)
- TD Canada Trust · 532 Yates Road149 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,250) — 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.