Property Type: Condo / ApartmentOwnership: Strata

555 Rowcliffe Avenue Unit# 305

Kelowna, BC V1Y5Y8

$264,900

2 bed2 bath1 parking1,017 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$388/mo
Annual property tax
$1,245.15

Maintenance Fee Includes

WaterGarbageManagement

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

Interior

Heating
Heat Pump, Baseboard heaters
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Laminate

Exterior & Lot

Exterior features
Stucco

Building

Roof
Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Other

Restrictions & Policies

Pets
Not allowed
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
FoyerMain level7'5'' x 10'5''
3pc Ensuite bathMain level7'10'' x 5'1''
4pc BathroomMain level7'8'' x 7'10''
BedroomMain level9'8'' x 13'1''
Primary BedroomMain level11'8'' x 16'5''
Living roomMain level17'8'' x 16'8''
KitchenMain level8'5'' x 10'8''

Listing Information

MLS®
10398117
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

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

Description

Fabulous location across from Rowcliffe Park and easy five minute walk to downtown using the new overpass from Central Green. Unit is bright south facing with a nice floor plan with a good sized patio and lots of closet space. Both bedrooms are spacious with the primary bedroom having a 3 piece en-suite. Many updates include a ductless heat pump providing air conditioning and low electricity bills. Strata fees are low at $388.12 per month with an allocated storage unit located on the same floor, and bike storage provided on the main floor. Walk score in the community is 93/100 close to the 5+ acre Central Green Rowcliffe Park and an easy walk to downtown, beaches, Kelowna General Hospital, and South Pandosy shopping areas. One parking spot is allocated, however with a major transit stop located close by the location is perfect for an occupant who prefers not to drive. Elevator access. Bylaws that stipulate that one occupant must be 55+ of age but the complex is vibrant and does not feel like a 55+ complex. Strata fees include water and sewer and with low property taxes, hydro, and strata fees, the asking price makes ownership more affordable than renting. (id:63159)

Values & Trends

This listing

$260/sqft

Building average

No other active listings in this building

Kelowna South average

$628/sqft

53 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

48

7/9 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
Central School ProgramsK-12327 m
Central SecondarySecondary327 m
St Joseph Elementary School(Independent)Elementary470 m
A S Matheson ElementaryElementary1.1 km
The Balsam School(Independent)Elementary1.3 km
Raymer ElementaryElementary1.7 km
Bankhead ElementaryElementary1.9 km
Kelowna SecondarySecondary2.0 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 (5+)

  • Boston Pizza · 545 Harvey Avenue321 m
  • Tamm Mexican Restaurant · 430 Harvey Avenue451 m
  • Yamas Greek Taverna · 1630 Ellis Street512 m
  • Naked Cafe · 571 Lawrence Avenue516 m
  • Sushi Sai · 1607 Ellis Street554 m

Cafes (5+)

  • Starbucks383 m
  • Switch Cafe600 m
  • O-Lake Cafe & Bistro611 m
  • Pulp Fiction Coffee House · 1598 Pandosy Street628 m
  • The Nook Cafe + Bar · 567 Bernard Avenue631 m

Grocery (1)

  • Safeway · 697 Bernard Avenue588 m

Parks (5+)

  • Rowcliffe Park · 1850 Richter Street154 m
  • Burne Avenue Beach Access600 m
  • Beach Avenue Beach Access618 m
  • Cadder Avenue Beach Access654 m
  • Vimy Avenue Beach Access681 m

Gyms (3)

  • Move & Flow · 589 Lawrence Avenue532 m
  • SPIN co · 410 Bernard Avenue712 m
  • BarreRoom · 410 Bernard Avenue712 m

Pharmacies (3)

  • Pharmasave346 m
  • Shoppers Drug Mart · 597 Bernard Avenue634 m
  • Remedy'sRx764 m

Banks & ATMs (5+)

  • Canadian Western Bank422 m
  • RBC Royal Bank445 m
  • TD · 1633 Ellis Street499 m
  • First West Credit Union · 507 Bernard Avenue648 m
  • Beem Credit Union · 598 Bernard Avenue668 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$211,920.00
Periodic payment — Principal & Interest (monthly)$1,367.24
Additional monthly expenses (strata, tax, utilities, etc.)$542.89
Total monthly cost$1,910.13
Interest paid over 5-yr term$60,736.88
Balance at end of term$190,622.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,245
Stress test qualifying rate8.09%
Payment you must qualify for$1,935.14

Cash Needed at Closing

Minimum down payment$13,245
Estimated BC PTT$3,298
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,043

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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