1232 Ellis Street Unit# 1301
Kelowna North, Kelowna · MLS® 10402035
All units at 1232 Ellis St →2 bed · 2 bath · 1,131 sq ft · 1 parking
Condo · Single Family · built 2020 · listed today
Listed by Rick Hamer-Jackson, REMAX Kelowna
Realtor's description
Experience elevated Okanagan living from this exceptional 13th-floor sub-penthouse corner residence at Ellis Parc, where sweeping panoramic views of Okanagan Lake, the surrounding mountains and valley, and Kelowna’s vibrant cityscape create an extraordinary backdrop from nearly every room. Offering 2 bdrms + den, 2.5 bathrooms, and private ensuites for both bedrooms, this sophisticated home delivers an exceptional blend of luxury, comfort, and effortless downtown living. Soaring 9-foot ceilings and expansive floor-to-ceiling windows flood the residence with natural light while perfectly framing the spectacular views, while the thoughtfully designed open-concept layout creates an elegant flow between the kitchen, dining, and living spaces. The true showpiece is the oversized wraparound deck, offering an impressive extension of the living space with room to lounge, dine, entertain, and take in breathtaking lake, mountain, valley, and city views from morning through sunset. Both generously sized bedrooms feature floor-to-ceiling windows and private ensuites, while the primary suite is complemented by a spacious walk-in closet and unforgettable vistas. Beyond the residence, enjoy one of Kelowna’s most coveted urban lifestyles, with exceptional restaurants, cafes, grocery stores, beaches, Prospera Place, and the future UBCO downtown campus all just steps away. Pet-friendly with 1 dog or 1 cat permitted and no size restrictions, this is a rare opportunity to own a truly remarkable home that pairs elevated luxury and expansive views with the very best of downtown Kelowna living!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,131 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $3,726 / yr
- Strata fee
- $512 / mo ($0.45 / sq ft)
- Days on market
- 0
- MLS®
- 10402035
Features
- Level lot
- Central island
- Balcony
- One Balcony
- Refrigerator
- Range - Electric
Monthly cost
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
- −$2,329/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $3,402 · tax $311 · strata $512 · 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
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Bankhead Elementaryhomes in this catchment
1.6 km away · 1280 Wilson Ave, Kelowna · 250-870-5114
- Middle Dr. Knox Middlehomes in this catchment
5.3 km away · 121 Drysdale Blvd, Kelowna · 250-870-5130
- Secondary Kelowna Secondaryhomes in this catchment
3.5 km away · 1079 Raymer Ave, Kelowna · 250-870-5105
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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