722 Valley Road Unit# 515
Kelowna, BC V1V2E6
$295,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $201/mo
- Annual property tax
- $1,671.3
Maintenance Fee Includes
Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer
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, 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
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 5'2'' x 6'10'' |
| 4pc Bathroom | Main level | 5'0'' x 7'10'' |
| Living room | Main level | 9'6'' x 10'2'' |
| Primary Bedroom | Main level | 9'6'' x 9'7'' |
| Kitchen | Main level | 5'7'' x 12'8'' |
Listing Information
- MLS®
- 10383789
- Listed
- April 16, 2026
- Time on market
- On the market for 137 days
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.
Description
Attention Investors, First-Time Buyers, or Parents looking to purchase for a student attending UBCO!!! Welcome to #515–722 Valley Road, a top-floor condo in the sought-after Glenmore Central development. This property presents an excellent opportunity for a turn key investment for those seeking an income-producing property in a strong Kelowna rental market. The location offers outstanding convenience with quick access to Downtown Kelowna, UBCO, Kelowna International Airport, major bus routes, shopping, restaurants, parks, and everyday amenities. This central Glenmore location continues to be popular with students, young professionals, and long-term residents alike. The building is investor-friendly with rentals allowed (30-day minimum), no age restrictions, and a pet-friendly policy permitting up to two pets with no size or breed restrictions; an increasingly rare feature that adds flexibility for owners and tenants. This efficient 1-bedroom, 1-bathroom unit offers comfortable living with central heating and cooling, in-suite laundry (ft. a brand new washing machine), and a dedicated parking stall. Residents of Glenmore Central enjoy access to excellent amenities including a rooftop patio with BBQ area and fire pit, social lounge, bike storage, bike and dog wash station, and a convenient car share program. A well-located top-floor unit in one of Kelowna’s most accessible neighbourhoods, offering flexibility for investors or owners looking to enter the market. (id:63159)
Values & Trends
This listing
$625/sqft
Building average
$526/sqft
2 active listing(s)
Glenmore average
$505/sqft
27 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Glenmore Elementary | Elementary | 699 m |
| Watson Road Elementary | Elementary | 1.0 km |
| Bankhead Elementary | Elementary | 2.0 km |
| Dr Knox Middle School | Middle | 2.5 km |
| North Glenmore Elementary | Elementary | 3.0 km |
| Springvalley Middle School | Elementary | 3.1 km |
| Kelowna Arts Academy(Independent) | K-12 | 3.2 km |
| Springvalley Elementary | Elementary | 3.2 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 Drive230 m
Cafes (1)
- Blenz Coffee · 538 Yates Road748 m
Parks (2)
- Caro Park747 m
- Valley Glen Wetland793 m
Banks & ATMs (1)
- TD Canada Trust · 532 Yates Road741 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
Other Listings in This Building
Other units currently listed in the same building. 722 Valley Road
$479,000
722 Valley Road Unit# 417, Kelowna
$413/mo maintenance
$479,000
722 Valley Road Unit# 200, Kelowna
$389/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.