Property Type: Condo / ApartmentOwnership: Strata

700 Martin Avenue Unit# 203

Kelowna, BC V1Y6V3

$590,000

2 bed3.5 bath1 parking1,375 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Stories
2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$673/mo
Annual property tax
$2,758.38

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Brick
View
City view, Mountain view, Valley view, View (panoramic)

Building

Roof
Other, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Heated Garage

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
4pc BathroomSecond level4'8'' x 10'2''
BedroomSecond level10'2'' x 12'1''
5pc Ensuite bathSecond level9'6'' x 9'10''
Primary BedroomSecond level14'0'' x 15'2''
2pc BathroomMain level5'0'' x 5'0''
Living roomMain level15'0'' x 15'6''
Dining roomMain level6'0'' x 12'0''
KitchenMain level7'3'' x 13'7''

Listing Information

MLS®
10390587
Listed
June 8, 2026
Time on market
On the market for 84 days
Data last synced
August 28, 2026

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

Description

Welcome to Martin Ave Lofts, where modern design meets downtown Kelowna living. This stylish 2 bed, 3 bath loft-style condo offers over 1,350 sq. ft. across two levels, providing a rare sense of space and separation in apartment living. The open-concept main floor features hardwood floors, large west-facing windows, and a bright, contemporary kitchen with stainless steel appliances, stone countertops, a glass-tile backsplash, an undermount sink, and crisp white cabinetry. The living area includes a cozy fireplace and opens to a covered patio with a brick feature wall, plus a convenient powder room on the main level. Upstairs, you’ll find a spacious primary bedroom with custom closet built-ins and a beautifully finished ensuite, along with a generous second bedroom and in-suite laundry. This well-maintained building offers heated underground parking, a storage locker, a secure bike room, and a fitness centre. Rentals allowed and one pet permitted with no breed or size restrictions. Located in a trendy downtown Kelowna neighbourhood, just steps to restaurants, cafes, the lake, and everything the downtown core has to offer. Leave the car parked and enjoy the ultimate walkable lifestyle. (id:63159)

Values & Trends

This listing

$429/sqft

Building average

$565/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

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

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)Elementary462 m
Central SecondarySecondary819 m
Central School ProgramsK-12819 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 Ramen327 m
  • The Curious café · 1423 Ellis Street379 m
  • GetintheLoop Restaurant · 1353 Ellis Street380 m
  • Soban Korean Bistro · 530 Bernard Avenue391 m
  • Gather Restaurant · 460 Doyle Avenue402 m

Cafes (5+)

  • Blend Bites Kelowna287 m
  • The Nook Cafe + Bar · 567 Bernard Avenue335 m
  • Bean Scene North363 m
  • Catelowna · 1441 Ellis Street365 m
  • Mad Mango Café · 551 Bernard Avenue371 m

Grocery (2)

  • Safeway · 697 Bernard Avenue339 m
  • GetintheLoop Grocery · 1353 Ellis Street388 m

Parks (5+)

  • Knowles Heritage Park461 m
  • Martin Park520 m
  • Stuart Park651 m
  • Kerry Park784 m
  • Rowcliffe Park · 1850 Richter Street788 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street387 m

Gyms (4)

  • Move & Flow · 589 Lawrence Avenue404 m
  • SPIN co · 410 Bernard Avenue520 m
  • BarreRoom · 410 Bernard Avenue522 m
  • Life Aesthetics Online Coaching · 1435 Water Street546 m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue307 m
  • Pharmasave · 505 Doyle Avenue364 m
  • Pharmasave691 m

Banks & ATMs (5+)

  • Beem Credit Union · 598 Bernard Avenue287 m
  • First West Credit Union · 507 Bernard Avenue453 m
  • Scotiabank · 488 Bernard Avenue464 m
  • Canadian Western Bank509 m
  • TD · 1633 Ellis Street552 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$472,000.00
Periodic payment — Principal & Interest (monthly)$3,045.18
Additional monthly expenses (strata, tax, utilities, etc.)$971.84
Total monthly cost$4,017.02
Interest paid over 5-yr term$135,276.56
Balance at end of term$424,565.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,275.45

Cash Needed at Closing

Minimum down payment$34,000
Estimated BC PTT$9,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,300

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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