Property Type: Condo / ApartmentOwnership: Strata

722 Valley Road Unit# 417

Kelowna, BC V1V2E6

$479,000

2 bed2 bath1 parking934 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
$413/mo
Annual property tax
$2,579.42

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Vinyl

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Parking

Total spaces
1 — uncovered indicated
Features
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
OtherMain level9' x 7'
Full bathroomMain level8'2'' x 6'4''
Living roomMain level11' x 14'
Primary BedroomMain level12'5'' x 10'
3pc Ensuite bathMain level5'10'' x 8'6''
BedroomMain level10'4'' x 10'10''
KitchenMain level9'5'' x 10'9''

Listing Information

MLS®
10391186
Listed
June 12, 2026
Time on market
On the market for 80 days
Data last synced
August 28, 2026

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

Description

Light, views and square footage! Three things that rarely come together like this. This bright and spacious condo sits in the heart of Glenmore Central, one of Kelowna's most consistently in-demand addresses for renters and owners alike. This split floor plan makes smart use of the generous square footage with two bedrooms and two full bathrooms positioned on opposite ends of the unit. Whether you're housing a student or attracting quality long-term tenants, that separation is a plus. The unit is well-appointed throughout: in-suite laundry, its own furnace, central A/C, quartz counters, stainless steel appliances and a secured underground parking stall (#80). Light, space and a layout that works. The building rounds it out nicely, rooftop patio with BBQ and fire pit, a social lounge, bike storage and a dog wash area. The location is near the UBCO, airport, Downtown Kelowna, major bus routes and everyday shopping which are all within easy reach. On the investment side: rentals allowed (30-day minimum), no age restrictions and a pet policy that welcomes up to two pets of any size or breed. This offers great value; call your favourite Realtor today for your personal viewing. (id:63159)

Values & Trends

This listing

$513/sqft

Building average

$583/sqft

2 active listing(s)

Glenmore average

$509/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 ElementaryElementary722 m
Watson Road ElementaryElementary1.0 km
Bankhead ElementaryElementary2.0 km
Dr Knox Middle SchoolMiddle2.5 km
North Glenmore ElementaryElementary3.0 km
Springvalley Middle SchoolElementary3.1 km
Kelowna Arts Academy(Independent)K-123.2 km
Springvalley ElementaryElementary3.2 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 Drive251 m

Cafes (1)

  • Blenz Coffee · 538 Yates Road716 m

Parks (2)

  • Caro Park719 m
  • Valley Glen Wetland768 m

Banks & ATMs (1)

  • TD Canada Trust · 532 Yates Road709 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.)$675.09
Total monthly cost$3,147.37
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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