Property Type: Condo / ApartmentOwnership: Freehold / Strata

737 Leon Avenue Unit# 406

Kelowna, BC V1Y8L6

$349,000

1 bed1 bath1 parking795 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Freehold / Strata
Strata / maintenance fee
$338/mo
Annual property tax
$1,542.25

Interior

Heating
Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
None

Exterior & Lot

Pool
Inground pool, Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Restrictions & Policies

Pets
Not 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 level4'9'' x 7'6''
Dining roomMain level7'10'' x 8'
Full bathroomMain level5' x 8'
Primary BedroomMain level10'7'' x 17'1''
Living roomMain level11'9'' x 12'
KitchenMain level9'8'' x 14'

Listing Information

MLS®
10396925
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

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

Description

Downtown living without the downtown price! This fully renovated 1-bedroom, 1-bathroom apartment has been completely transformed from top to bottom. The entire suite was gutted and rebuilt, creating a bright, modern space that feels brand new. The kitchen has been opened up with new cabinetry, countertops, and tile, while brand-new flooring runs throughout. Fresh lighting has been installed in the kitchen, bedroom, and bathroom, including added pot lights, complemented by all-new electrical and efficient electric heaters. Tile finishes in the kitchen and bathroom, along with a stylish accent wall in the bedroom, complete the thoughtful updates. In-unit laundry adds everyday convenience, and residents also enjoy access to the building’s outdoor pool and fitness centre. Located in the heart of downtown Kelowna, this home places shopping, dining, Okanagan Lake, and schools all within easy reach. This is a rare chance to own a thoroughly updated, low-maintenance suite in one of the city’s most desirable central neighbourhoods. Book your private viewing today! (id:63159)

Values & Trends

This listing

$439/sqft

Building average

$456/sqft

2 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

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-12330 m
Central SecondarySecondary330 m
St Joseph Elementary School(Independent)Elementary563 m
The Balsam School(Independent)Elementary911 m
A S Matheson ElementaryElementary1.2 km
Bankhead ElementaryElementary1.4 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 Avenue236 m
  • Boston Pizza · 545 Harvey Avenue283 m
  • Kinton Ramen361 m
  • Dosa Crepe Café · 523 Bernard Avenue413 m
  • Sushi Sai · 1607 Ellis Street415 m

Cafes (5+)

  • Starbucks220 m
  • The Nook Cafe + Bar · 567 Bernard Avenue314 m
  • Mad Mango Café · 551 Bernard Avenue357 m
  • Switch Cafe429 m
  • Blend Bites Kelowna445 m

Grocery (2)

  • Safeway · 697 Bernard Avenue196 m
  • GetintheLoop Grocery · 1353 Ellis Street753 m

Parks (3)

  • Rowcliffe Park · 1850 Richter Street323 m
  • Knowles Heritage Park364 m
  • Martin Park675 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street760 m

Gyms (4)

  • Move & Flow · 589 Lawrence Avenue215 m
  • SPIN co · 410 Bernard Avenue554 m
  • BarreRoom · 410 Bernard Avenue556 m
  • Life Aesthetics Online Coaching · 1435 Water Street717 m

Pharmacies (3)

  • Shoppers Drug Mart · 597 Bernard Avenue280 m
  • Pharmasave401 m
  • Pharmasave · 505 Doyle Avenue631 m

Banks & ATMs (5+)

  • Canadian Western Bank185 m
  • Beem Credit Union · 598 Bernard Avenue319 m
  • RBC Royal Bank387 m
  • TD · 1633 Ellis Street388 m
  • First West Credit Union · 507 Bernard Avenue448 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$506.91
Total monthly cost$2,308.21
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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