Property Type: Condo / ApartmentOwnership: Strata

555 Yates Road Unit# 200

Kelowna, BC V1V2V2

$339,000

1 bed1 bath1 parking649 sqftBuilt 2006
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Amenities

Also listed: Whirlpool

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$286/mo
Annual property tax
$1,863.41

Interior

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

Exterior & Lot

Exterior features
Other
View
Mountain view
Pool
Inground pool, Outdoor pool

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Parkade, Stall, Heated Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
Primary BedroomMain level10'1'' x 11'8''
KitchenMain level9'8'' x 8'0''
Dining roomMain level8'0'' x 11'0''
Living roomMain level10'6'' x 11'6''

Listing Information

MLS®
10383524
Listed
April 17, 2026
Time on market
On the market for 136 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Welcome to #200-555 Yates Road – Your Perfect Kelowna Lifestyle Starts Here! Step into comfort and convenience with this beautifully appointed 1-bedroom, 1-bathroom condo in The Verve, one of Kelowna’s most vibrant and amenity-rich communities. Whether you're a first-time buyer, savvy investor, or looking to downsize without compromise, this home checks all the boxes. Inside, the bright open-concept layout is designed for effortless living. You’ll appreciate the modern updates, including new flooring (2019), a new A/C wall unit (2023), new dishwasher (2024), and upgraded washer/dryer (2025) – adding both style and peace of mind. The kitchen offers ample counter space and flows seamlessly into the living area, ideal for entertaining or unwinding after a long day. Step outside onto your covered balcony, a perfect spot for morning coffee or evening wine as you enjoy the Okanagan air. Spend summer days lounging by the oversized outdoor pool, challenge friends at the beach volleyball court, or host BBQs in the outdoor cook area with gas grills, all within beautifully maintained grounds and a welcoming community. Located in desirable Glenmore, you’re just minutes from shops, restaurants, parks, schools (including North Glenmore Elementary), and public transit. The Verve is pet- and rental-friendly (with restrictions), offering flexibility for many lifestyles. Don’t miss your chance to own in one of Kelowna’s most sought-after condo communities! 1 storage locker and 1 parking stall. (id:63159)

Values & Trends

This listing

$522/sqft

Building average

$438/sqft

1 active listing(s)

Glenmore average

$509/sqft

27 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 ElementaryElementary480 m
Glenmore ElementaryElementary1.2 km
Dr Knox Middle SchoolMiddle2.0 km
Bankhead ElementaryElementary2.4 km
North Glenmore ElementaryElementary2.5 km
Kelowna Arts Academy(Independent)K-123.4 km
Springvalley Middle SchoolElementary3.4 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

Restaurants (1)

  • Murray's Pizza · 1924 Summit Drive762 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road193 m

Parks (3)

  • Valley Glen Wetland358 m
  • Caro Park643 m
  • Sutton Glen Park649 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road182 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,200.00
Periodic payment — Principal & Interest (monthly)$1,749.69
Additional monthly expenses (strata, tax, utilities, etc.)$473.73
Total monthly cost$2,223.42
Interest paid over 5-yr term$77,726.70
Balance at end of term$243,945.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,476.45

Cash Needed at Closing

Minimum down payment$16,950
Estimated BC PTT$4,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,230

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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