Property Type: Condo / ApartmentOwnership: Strata

925 Leon Avenue Unit# 435

Kelowna, BC V1Y0E5

$289,000

1 bed1 bath1 parking455 sqftBuilt 2018
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$325/mo
Annual property tax
$1,446.01

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Heat Pump, Other
Cooling / A/C
Wall unit
Fireplace
None
Flooring
Vinyl

Exterior & Lot

Exterior features
Brick, Stucco
View
City view, Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
Living roomMain level10'1'' x 8'1''
KitchenMain level10'1'' x 8'1''
FoyerMain level8' x 4'6''
Laundry roomMain level3' x 4'
Full bathroomMain level
Primary BedroomMain level9'1'' x 8'1''

Listing Information

MLS®
10384590
Listed
April 23, 2026
Time on market
On the market for 130 days
Data last synced
August 28, 2026

Listing provided by: 2 Percent Realty Interior Inc. · Data source: CREA DDF.

Description

SHORT-TERM RENTAL FRIENDLY & FULLY FURNISHED OPPORTUNITY! Welcome to Cambridge House, a contemporary 1-bedroom condo ideally suited for investors, first-time buyers, or college students. Located in an approved area where short-term rentals are permitted (subject to approval) with a minimum one-week stay, this turnkey property offers exceptional flexibility and income potential. Available fully furnished and move-in ready, it can include all the necessities and supplies needed for Airbnb or short-term rental use. This bright and comfortable home features a European-style washer/dryer combo, private deck, storage locker, and secure underground parking. Residents enjoy outstanding amenities, including a welcoming social lounge with a cozy fireplace, ample seating, TVs, foosball tables, a cardio gym, and high-speed internet. Outdoors, relax in the beautifully landscaped courtyard with BBQ areas and community gardens. Perfectly situated just steps from Okanagan Lake and close to downtown shopping, dining, entertainment, and everyday amenities, this property offers convenient, contemporary living in a vibrant location. Pet-friendly building allowing up to 2 cats or dogs (maximum 25 lbs each; no dangerous breeds). Whether you’re seeking a personal residence, student housing, or a ready-to-go investment property, this condo checks all the boxes. AVAILABLE AND READY TO SHOW! (id:63159)

Values & Trends

This listing

$635/sqft

Building average

$671/sqft

5 active listing(s)

Kelowna North average

$698/sqft

157 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

37

7/9 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 SecondarySecondary442 m
Central School ProgramsK-12442 m
St Joseph Elementary School(Independent)Elementary533 m
A S Matheson ElementaryElementary950 m
The Balsam School(Independent)Elementary1.1 km
Bankhead ElementaryElementary1.1 km
Raymer ElementaryElementary2.1 km
Kelowna SecondarySecondary2.2 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 (5+)

  • Mekong Fresh Asian Cuisine · 1030 Harvey Avenue245 m
  • Swan Pizza421 m
  • De Dutch423 m
  • Ricky's481 m
  • Vintner's Grill511 m

Cafes (5+)

  • Continental Breakfast350 m
  • Gong Cha423 m
  • Starbucks443 m
  • Starbucks613 m
  • The Nook Cafe + Bar · 567 Bernard Avenue664 m

Grocery (3)

  • Nester's Market · 1111 Lawson Avenue530 m
  • Safeway · 697 Bernard Avenue536 m
  • Peter's Your Independent Grocer · 1835 Gordon Drive608 m

Parks (5+)

  • Knowles Heritage Park217 m
  • Martin Park490 m
  • Rowcliffe Park · 1850 Richter Street608 m
  • Millbridge Park715 m
  • Mary Ann Collinson Memorial Park766 m

Gyms (2)

  • Move & Flow · 589 Lawrence Avenue592 m
  • GoodLife Fitness660 m

Pharmacies (3)

  • Paragon Pharmacy527 m
  • Shoppers Drug Mart · 597 Bernard Avenue616 m
  • Pharmasave789 m

Banks & ATMs (5+)

  • BMO502 m
  • Canadian Western Bank581 m
  • Beem Credit Union · 598 Bernard Avenue647 m
  • TD · 1633 Ellis Street782 m
  • RBC Royal Bank783 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,200.00
Periodic payment — Principal & Interest (monthly)$1,491.62
Additional monthly expenses (strata, tax, utilities, etc.)$468.80
Total monthly cost$1,960.42
Interest paid over 5-yr term$66,262.58
Balance at end of term$207,965.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,111.19

Cash Needed at Closing

Minimum down payment$14,450
Estimated BC PTT$3,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,730

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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