Property Type: Condo / ApartmentOwnership: Strata

778 Rutland Road Unit# 408

Kelowna, BC V1X8B3

$409,900

2 bed2 bath1 parking1,060 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$396/mo
Annual property tax
$2,211

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Vinyl

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Unknown, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
3pc Ensuite bathMain level5'4'' x 8'6''
4pc BathroomMain level5'6'' x 11'0''
Laundry roomMain level5'4'' x 9'2''
BedroomMain level11'10'' x 13'9''
Primary BedroomMain level11'3'' x 13'4''
KitchenMain level9'0'' x 9'6''
Dining roomMain level8'0'' x 11'6''
Living roomMain level11'6'' x 16'0''

Listing Information

MLS®
10395782
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Experience the distinct advantages of penthouse-level living in this well-appointed 2-bedroom, 2-bathroom condo. Situated on the top floor of the Legacy II community, Unit 408 offers a quiet residential experience with nobody living above you—eliminating overhead noise and providing enhanced peace of mind. Property Highlights: Optimal Layout: The highly desirable split-bedroom floor plan (1,060 sq. ft.) ensures maximum privacy, with the open-concept living area acting as a natural buffer between bedrooms.Top-Floor Perks: Enjoy expansive mountain views from your private balcony and the security of a top-tier unit. Modern Reliability: This building has undergone a full Kitec plumbing replacement (upgraded to PEX) and features smart water leak detection for added protection. In-Suite Amenities: Includes in-suite laundry, air conditioning, and a cozy electric fireplace. Located in the heart of Rutland North, this property is an ideal entry point for first-time buyers or a strategic choice for investors. Directly across from Rutland Middle and Secondary schools. Within walking distance to the YMCA, Rutland Arena, and multiple community parks (Ben Lee, Centennial). A short 10-minute drive to UBCO and Kelowna International Airport, with transit stops located right outside the complex. This pet-friendly building (with restrictions) includes secured underground parking and a storage locker. Discover a top-floor perspective in one of Kelowna’s most accessible neighbourhoods (id:63159)

Values & Trends

This listing

$387/sqft

Building average

No other active listings in this building

Rutland North average

$453/sqft

47 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

11

2/9 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
Rutland Middle SchoolMiddle169 m
Rutland Senior SecondaryElementary368 m
Rutland ElementaryElementary858 m
Pearson Road ElementaryElementary870 m
South Rutland ElementaryElementary1.4 km
Flex Academy(Independent)K-121.5 km
Kelowna Arts Academy(Independent)K-121.8 km
Belgo Elementary SchoolElementary1.9 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)

  • Jaide & Joel's Baking Company · 555 Montgomery Road420 m

Parks (4)

  • Sumac Park542 m
  • Rutland Recreation Park558 m
  • Briarwood Park667 m
  • Harris Park698 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$327,920.00
Periodic payment — Principal & Interest (monthly)$2,115.63
Additional monthly expenses (strata, tax, utilities, etc.)$633.74
Total monthly cost$2,749.37
Interest paid over 5-yr term$93,982.81
Balance at end of term$294,965.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,994.39

Cash Needed at Closing

Minimum down payment$20,495
Estimated BC PTT$6,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,193

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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