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$345,000
Neighbourhood: Westside Road
1
Beds
1
Baths
694
Sq.Ft.
2007
Year Built
2
Days on Site
10266074
MLS
Vendor Financing available. Annual User fee for swimming pools, hot tub, tennis, golf and gym. Enjoy living at Lake Okanagan Resort. Featuring Spectacular lake views, serenity of country living but...
$879,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,414
Sq.Ft.
1994
Year Built
2
Days on Site
10269841
MLS
Welcome to The Lagoons, one of Kelowna's most sought-after downtown waterfront condo towers. This amazing west facing corner unit is oversized at 1414 sq ft, with stunning lake & pool views from the...
$925,000
Neighbourhood: Lower Mission
2
Beds
2
Baths
1,037
Sq.Ft.
2024
Year Built
2
Days on Site
10270764
MLS
Effortless beach front living at Caban! Contemporary meticulously designed condo with world class amenities featuring a 25 meter infinity lap pool, hot tub, private cabanas w/ fireside tables,...
$849,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,185
Sq.Ft.
2010
Year Built
2
Days on Site
10270762
MLS
Stunning unobstructed lakeview from every room of this 15th floor corner unit of prestigious Skye Tower! Pleased to offer One of the best lakeview condo units at an unbeatable price. Measuring...
$499,000
Neighbourhood: Lower Mission
1
Beds
1
Baths
750
Sq.Ft.
2022
Year Built
2
Days on Site
10270749
MLS
Green Square Vert! Nestled in the heart of the Lower Mission, Desirable 1 bed + den, 1 bath condo currently under construction, this open floor plan offers quality finished kitchen w/quartz...
$849,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,106
Sq.Ft.
2020
Year Built
2
Days on Site
10270802
MLS
This absolutely stunning 2 bedroom plus den condo facing the water captures lake views from every room, and comes with 2 parking stalls. Ellis Parc is in the heart of downtown Kelowna and offers...
$899,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
970
Sq.Ft.
2010
Year Built
2
Days on Site
10270855
MLS
TWO completely separate (not tandem) parking spots, one near the elevator! Sweeping SW views of City, Lake & Bridge. Future area development will not impede your view. 2 bedroom + den/office, 2...
$998,000
Neighbourhood: Kelowna North
2
Beds
2
Baths
975
Sq.Ft.
2022
Year Built
2
Days on Site
10270655
MLS
Lake views abound from this never lived in south west corner J plan on the 15th floor. Upon entering, natural light and views fill the great room and kitchen. Orchard palette consists of engineered...
$624,900
Neighbourhood: Springfield/Spall
3
Beds
2
Baths
1,437
Sq.Ft.
2009
Year Built
2
Days on Site
10270870
MLS
Luxurious top-floor condo located in the desirable central location behind Orchard Plaza Shopping Centre in the heart of Kelowna. This stunning 3 bedroom, 2 bathroom home boasts 1437 square feet of...
$335,000
Neighbourhood: Rutland North
2
Beds
1F11/2
Baths
945
Sq.Ft.
1976
Year Built
3
Days on Site
10270719
MLS
AMAZING VALUE..... You will not be disappointed with this nicely renovated 2-bedroom and 1.5-bath home. The home has been tastefully renovated, with updates to the bathrooms, flooring, and painted...
$775,000
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,665
Sq.Ft.
2007
Year Built
3
Days on Site
10266445
MLS
They don't build them like this anymore!! Unique & Rare offering 2 levels of living space and over 1600 Sqft in the heart of downtown Kelowna! This home checks all the boxes and then some when it...
$880,000
Neighbourhood: McKinley Landing
2
Beds
2
Baths
1,078
Sq.Ft.
2020
Year Built
3
Days on Site
10270765
MLS
TOP FLOOR overlooking Lake Okanagan- Beautiful custom 2 Bedroom 2 bathroom 1078 Sq ft Condo with a large 300 sq ft covered deck with ability to do short term rentals. Walk into this home and you will...

Kelowna Condominums For Sale

The numbers are pretty easy to figure out. There are 380 units on the market (freehold/non-fractional interest) and there were 2528 sales last year in 2016. That works out to a 1.5 month supply of inventory for sale which is a very active market. The reasons should be obvious but we have a lot of owners who buy condos here but only visit a few times a year and they sit empty most of the time. We also have a lot of people in their prime earning years who want to have their toe in the market for the purposes of retirement down the road and a condo purchase with a stable tenant makes sense for them. With a ridiculously tight rental market we’re experiencing, units are rented out immediately as soon as a listing hits the internet. Finding a rental unit these days in Kelowna almost requires knowing someone who knows someone.

 Prices nowadays range from about $165,000 for a one-bedroom unit on Hollywood Road in Rutland up to over 2 million for a unit in the Centuria downtown or luxury units on the lakefront. And hundreds in between. Kelowna Condos cater to the just-starting-out crowd as well as those downsizing after the kids move out. Some units are pet friendly and some cater to senior citizens. A condo buyer has so many options today there probably has never been a better time to jump into the market.

Traditionally strata properties were marketed to the first time buyer crowd who couldn’t afford to get into the market and the last time buyer crowd downsizing who didn’t want the responsibilities of a detached house. This has certainly changed over the years especially in Kelowna with many out of towners buying a condo as a second residence using it as a rental or place stay when they visit. Regardless of what age you are, if you’re considering buying a condo it’s really important to know what you’re getting into.

Kelowna Condo Buying Tips

Age, pet, and rental restrictions are the first thing you need to know about. If you have a pet, or if you think you might want a pet, it’s important to know what’s allowed and what isn’t. Same for renting. Same for parking. Same for a lot of other things. I have a client who moved to Meadowbrook apartments on Enterprise after retiring here from Whitehorse a few years ago. He was a card player looking for a quiet lifestyle and wanted to join a good bridge club. This is fairly typical and every realtor has come across this type of buyer….just substitute bridge player for the quilter, bowler, square dancer, etc. This particular buyer also wanted a private deck on the top floor where he could smoke cigarettes in peace and quiet. Again, not uncommon, and let’s not judge anyone here. Imagine his horror though two years later when his strata wanted to pass a bylaw prohibiting smoking everywhere. Luckily for him, the resolution failed because he would have moved out.

Most strata board people I’ve come across are run by reasonable people who know what they’re doing and are willing to volunteer their time freely answering my questions and giving forthcoming information on their little micro-communities. They understand how to read financial statements and are aware of the issues in their building. I’ll even go further and say that most people who live in strata-titled properties are generally happy homeowners who like condo living.

If you are thinking of buying into a condo you really do need to take the time to read all the minutes of the strata board and past annual general meetings to familiarize yourself to the culture. Everyone hears about the horror stories about a crazy person in a building causing trouble for other owners but these people are few and far between. Reading strata minutes and bylaws might take a while but I promise you will be glad you did. If reading dry documents aren’t your cup of tea any Realtor or real estate lawyer will read and explain things to you and you will be able to make an informed decision.

For a complete list of condos and townhomes in Kelowna

Call Andrew Smith directly at 250-979-8066. Over 22 years of experience helping people achieve their dream of homeownership!

Call  Condo Expert

Andrew Smith 250-979-8066