Property Type: Condo / ApartmentOwnership: Strata

700 Martin Avenue Unit# 106

Kelowna, BC V1Y6V3

$420,000

1 bed1 bath1 parking743 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$349/mo
Annual property tax
$1,600

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
Primary BedroomMain level10' x 14'6''
KitchenMain level5'6'' x 12'5''
Living roomMain level13' x 13'10''

Listing Information

MLS®
10391382
Listed
June 13, 2026
Time on market
On the market for 79 days
Data last synced
August 28, 2026

Listing provided by: Judy Lindsay Okanagan · Data source: CREA DDF.

Description

DOWNTOWN KELOWNA LIVING AT ITS FINEST! Welcome to this stunning 1-bedroom ground-floor home at the highly desirable Martin Lofts. Boasting 743 sq. ft. of bright, open-concept living space, this industrial-chic unit features soaring ceilings, contemporary finishes, and central air. The standout feature is the massive private walk-out patio—a rare urban oasis perfect for outdoor dining, entertaining, or giving your pet quick access. The modern kitchen shines with a large island, sleek cabinetry, and stainless steel appliances.Unbeatable location with a 94 Walk Score! You are just steps from Kelowna’s best restaurants, breweries, beaches, Knox Mountain, and the upcoming UBCO downtown campus. Includes secure underground parking and a storage locker. Pet-friendly (1 dog or 1 cat, no size restrictions) and long-term rentals allowed, making this a phenomenal first home or investment property. Don't miss out on this downtown gem! Strata has very strong Contingency fund. (id:63159)

Values & Trends

This listing

$565/sqft

Building average

$429/sqft

1 active listing(s)

Kelowna North average

$699/sqft

157 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

59

8/9 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
The Balsam School(Independent)Elementary497 m
Central SecondarySecondary803 m
Central School ProgramsK-12803 m
St Joseph Elementary School(Independent)Elementary1.0 km
Bankhead ElementaryElementary1.2 km
A S Matheson ElementaryElementary1.6 km
Glenmore ElementaryElementary2.5 km
Raymer ElementaryElementary2.6 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+)

  • Kinton Ramen350 m
  • Soban Korean Bistro · 530 Bernard Avenue418 m
  • The Curious café · 1423 Ellis Street420 m
  • GetintheLoop Restaurant · 1353 Ellis Street422 m
  • Bohemian Cafe & Catering Co. · 524 Bernard Avenue433 m

Cafes (5+)

  • Blend Bites Kelowna319 m
  • The Nook Cafe + Bar · 567 Bernard Avenue352 m
  • Mad Mango Café · 551 Bernard Avenue393 m
  • Catelowna · 1441 Ellis Street404 m
  • Bean Scene North406 m

Grocery (2)

  • Safeway · 697 Bernard Avenue341 m
  • GetintheLoop Grocery · 1353 Ellis Street430 m

Parks (4)

  • Knowles Heritage Park423 m
  • Martin Park478 m
  • Stuart Park693 m
  • Rowcliffe Park · 1850 Richter Street784 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street429 m

Gyms (4)

  • Move & Flow · 589 Lawrence Avenue411 m
  • SPIN co · 410 Bernard Avenue552 m
  • BarreRoom · 410 Bernard Avenue555 m
  • Life Aesthetics Online Coaching · 1435 Water Street586 m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue319 m
  • Pharmasave · 505 Doyle Avenue405 m
  • Pharmasave704 m

Banks & ATMs (5+)

  • Beem Credit Union · 598 Bernard Avenue303 m
  • First West Credit Union · 507 Bernard Avenue480 m
  • Scotiabank · 488 Bernard Avenue494 m
  • Canadian Western Bank512 m
  • TD · 1633 Ellis Street571 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 700 Martin Avenue

View building profile →
Built 2008

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$336,000.00
Periodic payment — Principal & Interest (monthly)$2,167.76
Additional monthly expenses (strata, tax, utilities, etc.)$519.75
Total monthly cost$2,687.51
Interest paid over 5-yr term$96,298.57
Balance at end of term$302,233.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,068.17

Cash Needed at Closing

Minimum down payment$21,000
Estimated BC PTT$6,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,900

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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