Property Type: Condo / ApartmentOwnership: Strata

571 Yates Road Unit# 404

Kelowna, BC V1V2V5

$409,900

2 bed1 bath1 parking783 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
$328/mo
Annual property tax
$2,112

Interior

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

Exterior & Lot

Pool
Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
BedroomMain level9' x 10'
Full bathroomMain level5' x 9'
Primary BedroomMain level9'7'' x 13'
Living roomMain level10' x 14'
Dining roomMain level7' x 8'
KitchenMain level8'6'' x 8'6''

Listing Information

MLS®
10394347
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Top Floor 2 bedroom condo! This 2 bedroom unit in The Verve has a wonderful open floor plan with 2 balconies. Stainless steel appliances, quartz countertops! The Verve is located very close to UBCO as well as a short drive to Kelowna's downtown. The Verve is known for its excellent amenities which include, outdoor pool, outdoor beach volleyball court, bbq amenities, as well as pet friendly space. Quick possession available. (id:63159)

Values & Trends

This listing

$523/sqft

Building average

$536/sqft

1 active listing(s)

North Glenmore average

$465/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

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 ElementaryElementary432 m
Glenmore ElementaryElementary1.3 km
Dr Knox Middle SchoolMiddle1.9 km
North Glenmore ElementaryElementary2.4 km
Bankhead ElementaryElementary2.4 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

Cafes (1)

  • Blenz Coffee · 538 Yates Road141 m

Parks (3)

  • Valley Glen Wetland263 m
  • Sutton Glen Park575 m
  • Caro Park738 m

Pharmacies (1)

  • Pharmasave · 437 Glenmore Road741 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road137 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 571 Yates Road

View building profile →
Built 2006

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$327,920.00
Periodic payment — Principal & Interest (monthly)$2,115.63
Additional monthly expenses (strata, tax, utilities, etc.)$543.00
Total monthly cost$2,658.63
Interest paid over 5-yr term$93,982.81
Balance at end of term$294,965.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,994.39

Cash Needed at Closing

Minimum down payment$20,495
Estimated BC PTT$6,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,193

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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