Property Type: Condo / ApartmentOwnership: Strata

567 Yates Road Unit# 307

Kelowna, BC V1V2V4

$359,000

1 bed1 bath1 parking735 sqftBuilt 2006
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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
$1,986.39

Interior

Heating
Forced air
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Flooring
Tile, Laminate

Exterior & Lot

Exterior features
Wood siding, Vinyl siding
View
Mountain view
Pool
Inground pool

Building

Roof
Other, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Stall

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
KitchenMain level11'0'' x 8'5''
DenMain level8'8'' x 7'4''
4pc Ensuite bathMain level8'8'' x 7'4''
Primary BedroomMain level10'5'' x 18'10''
Dining roomMain level11'4'' x 12'7''
Living roomMain level11'0'' x 12'5''

Listing Information

MLS®
10394049
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to The Verve, where comfort, convenience, and an exceptional central Kelowna location come together. This one bedroom plus den residence offers a functional open-concept layout designed for easy everyday living. The kitchen features granite countertops, a convenient sit-up breakfast bar, stainless steel appliances, and durable tile flooring, flowing seamlessly into the bright living area. Step outside to your private patio overlooking Dilworth Mountain, the perfect spot to enjoy peaceful morning sun with a coffee. The spacious primary bedroom includes a walk-in closet and cheater ensuite access to the full bathroom, while the versatile den is ideal as a home office, reading nook, guest space, or storage. Air conditioning ensures year-round comfort in the Okanagan heat. Residents of The Verve enjoy outstanding amenities including a resort-style outdoor swimming pool, beach volleyball court, and well-maintained landscaped grounds. Located just minutes from shopping, restaurants, public transit, UBC Okanagan, and Kelowna International Airport, this home is well positioned for students, professionals, investors, or first-time buyers. Complete with one secure parking stall and one storage locker. Pet-friendly with allowances for up to two cats; one dog (maximum forty lbs.) and one cat; or two dogs, each with a maximum weight of forty lbs. (id:63159)

Values & Trends

This listing

$488/sqft

Building average

No other active listings in this building

North Glenmore average

$467/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

12°C

Clear

Humidity 88%

Wind ENE 5 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

26

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 ElementaryElementary522 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-123.3 km
Springvalley Middle SchoolElementary3.4 km
Springvalley ElementaryElementary3.5 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 Drive728 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road230 m

Parks (3)

  • Valley Glen Wetland326 m
  • Sutton Glen Park663 m
  • Caro Park704 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road225 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$287,200.00
Periodic payment — Principal & Interest (monthly)$1,852.92
Additional monthly expenses (strata, tax, utilities, etc.)$517.62
Total monthly cost$2,370.54
Interest paid over 5-yr term$82,312.35
Balance at end of term$258,337.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,622.56

Cash Needed at Closing

Minimum down payment$17,950
Estimated BC PTT$5,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,630

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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