Property Type: Condo / ApartmentOwnership: Strata

615 Rutland Road Unit# 303

Kelowna, BC V1X0B3

$319,000

2 bed1 bath1 parking611 sqftBuilt 2021
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$267/mo
Annual property tax
$1,923.8

Interior

Heating
Electric
Cooling / A/C
Wall unit
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Dining roomMain level5'6'' x 8'9''
BedroomMain level8'1'' x 8'1''
3pc BathroomMain level9'0'' x 4'0''
Primary BedroomMain level9'8'' x 8'1''
Living roomMain level11'0'' x 8'5''
KitchenMain level11'8'' x 8'9''

Listing Information

MLS®
10396085
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Welcome to SOLE Rutland! This bright and modern 2-bedroom, 1-bathroom condo offers stylish, low-maintenance living in a convenient central location. The thoughtfully designed open-concept floor plan features contemporary finishes, a functional kitchen with stainless steel appliances, quartz countertops. Large windows fill the living space with natural light, while the spacious bedroom and in-suite laundry add everyday comfort and convenience. Enjoy secure building access, underground parking, and pet-friendly living (with strata approval). Ideally situated within walking distance to shopping, restaurants, parks, schools, public transit, and the YMCA, with UBC Okanagan and Kelowna International Airport just a short drive away. Whether you're a first-time buyer, student, investor, or looking to downsize, this move-in-ready condo is an excellent opportunity to enjoy affordable, modern living in the heart of Rutland. (id:63159)

Values & Trends

This listing

$522/sqft

Building average

No other active listings in this building

Rutland North average

$451/sqft

47 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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
Rutland Middle SchoolMiddle207 m
Rutland Senior SecondaryElementary274 m
Rutland ElementaryElementary898 m
Pearson Road ElementaryElementary908 m
South Rutland ElementaryElementary1.1 km
Flex Academy(Independent)K-121.4 km
Belgo Elementary SchoolElementary1.6 km
Kelowna Arts Academy(Independent)K-121.7 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 (2)

  • Jaide & Joel's Baking Company · 555 Montgomery Road94 m
  • Memphis Blues774 m

Cafes (1)

  • Starbucks794 m

Parks (3)

  • Briarwood Park436 m
  • Rutland Centennial Park554 m
  • Rutland Recreation Park578 m

Banks & ATMs (2)

  • Basha Donair - Bitcoin Well ATM · 135 Rutland Road North776 m
  • First West Credit Union · 110 Highway 33 West787 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,200.00
Periodic payment — Principal & Interest (monthly)$1,646.46
Additional monthly expenses (strata, tax, utilities, etc.)$458.31
Total monthly cost$2,104.77
Interest paid over 5-yr term$73,141.05
Balance at end of term$229,553.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,330.35

Cash Needed at Closing

Minimum down payment$15,950
Estimated BC PTT$4,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,830

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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