Condo
$584,900
1057 Frost Road Unit# 301
Upper Mission, Kelowna5 days on market
3 bd2 ba1,114 sq ft
MLS® 104025551 / 40
$474,900
1057 Frost Road Unit# 218
Upper Mission, Kelowna · MLS® 10400512
2 bed · 2 bath · 1,010 sq ft · 1 parking
Condo · Single Family · built 2024 · 23 days on market
Listed by Darcy Nyrose, REMAX Kelowna
Realtor's description
218 - Fall for Alpha. Big Price Drops This October. 2-Bedroom, approx. 1,010 sqft Merlot floorplan in Alpha includes 2 Parking and Exceptional NEW PRICE. Spacious one-level living in a quiet, safe, and convenient neighbourhood. Shopping right across the street at Mission Village at the Ponds, trails outside your door, and the exclusive Community Building keeps you active and connected with a gym, games room, kitchen, and more. Now priced at $474,900 this is exceptional value for a spacious 2-bed corner condo. Life fits here. Open concept kitchen with island, dedicated desk nook, large entry, corner patio, full laundry room. Pet friendly. All of this is backed by Highstreet’s 20 year new home warranty. Condos Eligible for Property Transfer Tax Exemption. Photos & virtual tour are of a similar home, features may vary. Own Now. Visit the sales centre this Saturday 11am -3pm located in the Bravo Building (1111 Frost Road)
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,010 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $2,094 / yr
- Strata fee
- $313 / mo ($0.31 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 23
- MLS®
- 10400512
Features
- Pets Allowed
- Recreational Facilities
Floor plans
Found among the listing photos.
Monthly cost
$2,557/mo
Mortgage $2,069 · Tax $175 · Strata $313
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,098/mo
- After all costs
- −$662/mo
- Cap rate
- 3.6%
- yearly net rent ÷ price
Costs: mortgage $2,069 · tax $175 · strata $313 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Kelowna (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
Upper Mission, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Bellevue Creek Elementary (K-2)homes in this catchment
1.6 km away · 4574 Raymer Rd, Kelowna · 250-870-5174
- Middle Canyon Falls Middlehomes in this catchment
400 m away · 1211 Frost Rd, Kelowna · 250-870-5123
- Secondary Okanagan Mission Secondaryhomes in this catchment
2.0 km away · 4544 Gordon Dr, Kelowna · 250-870-5108
From the Central Okanagan School District 23's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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