Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

737 Leon Avenue Unit# 1401

Kelowna, BC V1Y8L6

$749,900

2 bed2 bath3 parking1,603 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$622/mo
Annual property tax
$2,621

Maintenance Fee Includes

WaterManagement

Also included: Insurance, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Heat Pump
Fireplace
Yes (2)
Fireplace type
Electric, Unknown
Flooring
Vinyl

Exterior & Lot

Exterior features
Stucco
View
City view, Lake view, Valley view, View (panoramic), Unknown
Pool
Inground pool, Outdoor pool

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
3 — uncovered indicated
Features
Parkade, Additional Parking

Restrictions & Policies

Pets
Not allowed
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Laundry roomMain level3'5'' x 4'11''
OtherMain level3'7'' x 19'
OtherMain level5'8'' x 36'9''
OtherMain level5'6'' x 9'7''
OtherMain level6'2'' x 6'4''
OtherMain level5'5'' x 6'3''
FoyerMain level6'3'' x 21'
SunroomMain level7'1'' x 21'9''
3pc BathroomMain level8'7'' x 9'11''
5pc Ensuite bathMain level9'2'' x 10'8''
BedroomMain level11'1'' x 13'5''
Primary BedroomMain level11'6'' x 20'7''
Living roomMain level13'4'' x 24'10''
Dining roomMain level11'1'' x 13'5''
KitchenMain level8'3'' x 17'3''

Listing Information

MLS®
10396434
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

1401–737 Leon Avenue presents a rare penthouse opportunity in Executive House, ideally positioned in the heart of downtown Kelowna. Offering approximately 1,603 sf of thoughtfully designed living space, this exceptional 2-bedroom, 2-bathroom residence combines generous proportions, privacy & panoramic views of the city & Okanagan Lake. Expansive windows fill the home with natural light while showcasing the surrounding skyline, lake and valley. A year-round sunroom & 215 sf deck extends the living area & creates an inviting setting for morning coffee, quiet relaxation or entertaining guests in every season. The residence has benefited from many upgrades, enhancing both its comfort & contemporary appeal. A particularly valuable feature is the inclusion of 3 parking spaces. This is a well-established concrete-and-steel building known for its solid construction and convenient central location. Residents enjoy access to desirable amenities, including a fitness centre and outdoor swimming pool. From this address, downtown restaurants, shopping, cultural attractions, parks and the waterfront are all within easy reach. With its freshly painted penthouse position, impressive views, substantial interior space & exceptional parking allocation, this home offers a distinctive combination of lifestyle & practicality. It is an excellent choice for buyers seeking a spacious full-time residence, an elegant downtown retreat or a lock-and-leave home near Okanagan Lake. (id:63159)

Values & Trends

This listing

$468/sqft

Building average

$442/sqft

2 active listing(s)

Kelowna North average

$699/sqft

157 active listing(s)

Parking: 3 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

63

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
Central School ProgramsK-12316 m
Central SecondarySecondary316 m
St Joseph Elementary School(Independent)Elementary553 m
The Balsam School(Independent)Elementary923 m
A S Matheson ElementaryElementary1.2 km
Bankhead ElementaryElementary1.5 km
Raymer ElementaryElementary2.1 km
Kelowna SecondarySecondary2.3 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+)

  • Naked Cafe · 571 Lawrence Avenue228 m
  • Boston Pizza · 545 Harvey Avenue257 m
  • Kinton Ramen361 m
  • Sushi Sai · 1607 Ellis Street402 m
  • Dosa Crepe Café · 523 Bernard Avenue407 m

Cafes (5+)

  • Starbucks197 m
  • The Nook Cafe + Bar · 567 Bernard Avenue314 m
  • Mad Mango Café · 551 Bernard Avenue353 m
  • Switch Cafe419 m
  • Chilango · 520 Bernard Avenue442 m

Grocery (2)

  • Safeway · 697 Bernard Avenue202 m
  • GetintheLoop Grocery · 1353 Ellis Street759 m

Parks (3)

  • Rowcliffe Park · 1850 Richter Street296 m
  • Knowles Heritage Park392 m
  • Martin Park703 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street767 m

Gyms (4)

  • Move & Flow · 589 Lawrence Avenue210 m
  • SPIN co · 410 Bernard Avenue545 m
  • BarreRoom · 410 Bernard Avenue547 m
  • Life Aesthetics Online Coaching · 1435 Water Street712 m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue284 m
  • Pharmasave376 m
  • Pharmasave · 505 Doyle Avenue634 m

Banks & ATMs (5+)

  • Canadian Western Bank166 m
  • Beem Credit Union · 598 Bernard Avenue323 m
  • RBC Royal Bank368 m
  • TD · 1633 Ellis Street372 m
  • First West Credit Union · 507 Bernard Avenue441 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (strata, tax, utilities, etc.)$920.23
Total monthly cost$4,790.71
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.06

Cash Needed at Closing

Minimum down payment$49,990
Estimated BC PTT$12,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,488

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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