Property Type: Condo / ApartmentOwnership: Strata

722 Valley Road Unit# 200

Kelowna, BC V1V2E6

$479,000

2 bed2 bath1 parking887 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$389/mo
Annual property tax
$2,393.99

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Stall

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
5pc BathroomMain level
BedroomMain level9'0'' x 11'2''
4pc Ensuite bathMain level
Primary BedroomMain level10'8'' x 12'4''
Living roomMain level12'4'' x 11'10''
KitchenMain level15'0'' x 8'5''

Listing Information

MLS®
10394751
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

Welcome to #200 – 722 Valley Road, a beautifully appointed 2-bedroom, 2-bathroom condo in the heart of sought-after Glenmore. Offering just under 900 sq. ft. of thoughtfully designed living space, this bright and functional home features an open-concept layout, stainless steel appliances, in-unit laundry, and a private balcony off the living room—perfect for enjoying your morning coffee or unwinding after a long day. The spacious floor plan is ideal for first-time buyers, downsizers, or investors alike. Residents enjoy an impressive selection of amenities, including a rooftop lounge with BBQ area, community garden, social room with a full kitchen, secure bike storage, and convenient dog and bike wash stations. This unit also includes one secure underground parking stall and a storage locker. Pet-friendly with both cats and dogs welcome (with restrictions), this well-maintained building is ideally located just minutes from shopping, restaurants, parks, schools, UBCO, and downtown Kelowna. Don't miss your chance to enjoy modern condo living in one of Kelowna's most desirable neighbourhoods. (id:63159)

Values & Trends

This listing

$540/sqft

Building average

$569/sqft

2 active listing(s)

Glenmore average

$508/sqft

27 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

19

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
Glenmore ElementaryElementary688 m
Watson Road ElementaryElementary1.1 km
Bankhead ElementaryElementary1.9 km
Dr Knox Middle SchoolMiddle2.5 km
North Glenmore ElementaryElementary3.0 km
Springvalley Middle SchoolElementary3.0 km
Springvalley ElementaryElementary3.2 km
Kelowna Arts Academy(Independent)K-123.2 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 (1)

  • Murray's Pizza · 1924 Summit Drive219 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road760 m

Parks (1)

  • Caro Park750 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road752 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,200.00
Periodic payment — Principal & Interest (monthly)$2,472.28
Additional monthly expenses (strata, tax, utilities, etc.)$632.89
Total monthly cost$3,105.17
Interest paid over 5-yr term$109,826.22
Balance at end of term$344,689.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,499.18

Cash Needed at Closing

Minimum down payment$23,950
Estimated BC PTT$7,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,030

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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