Property Type: Condo / ApartmentOwnership: Strata

575 Sutherland Avenue Unit# 316

Kelowna, BC V1Y8V1

$299,900

2 bed2.5 bath1,143 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$490/mo
Annual property tax
$1,404.1

Maintenance Fee Includes

WaterGarbageManagement

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

Interior

Heating
Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Carpeted, Linoleum

Exterior & Lot

Exterior features
Brick, Vinyl siding

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Underground, Heated Garage

Restrictions & Policies

Pets
Not allowed
Age / occupancy
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
BedroomMain level10'2'' x 11'7''
2pc BathroomMain level
Laundry roomMain level6'0'' x 10'1''
4pc Ensuite bathMain level9'7'' x 11'9''
Primary BedroomMain level10'9'' x 15'10''
KitchenMain level7'8'' x 8'1''
Dining roomMain level12'3'' x 15'2''
Living roomMain level14'5'' x 15'2''

Listing Information

MLS®
10383428
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

Top-floor/CORNER apartment with additional windows in dining room in the sought after 'The Colonial' building. The location is excellent for walkability to parks, beaches, downtown amenities & lifestyle, hospital, City Transit and shopping. 2-bedroom + den space 2-bathroom home, with a large enclosed sunroom. Building upgrades include HVAC system in 2025, windows, decks, hot water recirculating pipes, lighting in common areas to LED, front foyer flooring, elevator upgrade, and roof 12 years ago. This 55+ building has amenities that include a games room, gym, workshop, library, large meeting space backing onto Mill Creek, storage, bicycle storage & underground parking. No pets except for 2 small caged birds allowed. This home is available immediately, it is easy to view. (id:63159)

Values & Trends

This listing

$262/sqft

Building average

$337/sqft

2 active listing(s)

Kelowna South average

$628/sqft

53 active listing(s)

Parking: Not indicatedStorage 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

41

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-12324 m
Central SecondarySecondary324 m
St Joseph Elementary School(Independent)Elementary404 m
A S Matheson ElementaryElementary996 m
The Balsam School(Independent)Elementary1.4 km
Raymer ElementaryElementary1.6 km
Bankhead ElementaryElementary1.9 km
Kelowna SecondarySecondary1.9 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 Avenue428 m
  • Tamm Mexican Restaurant · 430 Harvey Avenue564 m
  • Naked Cafe · 571 Lawrence Avenue617 m
  • Yamas Greek Taverna · 1630 Ellis Street625 m
  • Sushi Sai · 1607 Ellis Street666 m

Cafes (5+)

  • Starbucks484 m
  • Switch Cafe712 m
  • O-Lake Cafe & Bistro725 m
  • The Nook Cafe + Bar · 567 Bernard Avenue732 m
  • Mad Mango Café · 551 Bernard Avenue737 m

Grocery (1)

  • Safeway · 697 Bernard Avenue678 m

Parks (5+)

  • Rowcliffe Park · 1850 Richter Street228 m
  • Burne Avenue Beach Access590 m
  • Cadder Avenue Beach Access628 m
  • Beach Avenue Beach Access639 m
  • Vimy Avenue Beach Access718 m

Gyms (1)

  • Move & Flow · 589 Lawrence Avenue629 m

Pharmacies (3)

  • Pharmasave460 m
  • Remedy'sRx673 m
  • Shoppers Drug Mart · 597 Bernard Avenue732 m

Banks & ATMs (5+)

  • Canadian Western Bank519 m
  • RBC Royal Bank558 m
  • TD · 1633 Ellis Street611 m
  • First West Credit Union · 507 Bernard Avenue759 m
  • Beem Credit Union · 598 Bernard Avenue767 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,920.00
Periodic payment — Principal & Interest (monthly)$1,547.88
Additional monthly expenses (strata, tax, utilities, etc.)$664.35
Total monthly cost$2,212.23
Interest paid over 5-yr term$68,761.76
Balance at end of term$215,808.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,190.82

Cash Needed at Closing

Minimum down payment$14,995
Estimated BC PTT$3,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,493

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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