1274 Devonshire Avenue Unit# 405
Springfield/Spall, Kelowna · MLS® 10392311
1 bath · 309 sq ft · 1 parking
Condo · Single Family · built 2024 · 106 days on market
Listed by Priscilla Markus, eXp Realty of Canada Inc.
Realtor's description
Turnkey Smart Studio with Mountain Views at Five Crossings. This thoughtfully designed 375 sq. ft. smart studio features a 58 sq. ft. covered patio with beautiful mountain views. Perfect for investors or first-time buyers, the home comes turnkey with a $22,000 smart furniture package and a built-in queen Murphy bed. One underground parking stall is included. Exceptional Resort-Style Amenities:6th-Floor Rooftop Deck: BBQs, covered dining, fireplace, fire tables, and yoga space. Entertainment Lounge: Golf simulator, pool table, ping pong, stage, and movie projector. Co-Working Hub: Private work pods and meeting rooms for easy remote work. Fitness & Pets: State-of-the-art gym, bocce court, community garden, dog run, and pet wash station. Tech & Building Conveniences: Keyless entry, secure package lockers, and a dedicated bike workshop. On-site EV charging stations and MODO car share. Pet-friendly strata allowing 2 dogs, 2 cats, or 1 of each {breed restrictions apply). Prime Capri-Landmark Location: Enjoy ultimate convenience in a highly walkable neighbourhood. Located directly across from a park and steps from Capri Shopping Centre, grocery stores, restaurants, daycares, and major transit routes for a quick commute to downtown Kelowna.
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 309 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $1,540 / yr
- Strata fee
- $221 / mo ($0.72 / sq ft)
- Strata rules
- Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 106
- MLS®
- 10392311
Features
- Balcony
- Pet Restrictions
- Pets Allowed With Restrictions
- Rentals Allowed
- Refrigerator
- Dishwasher
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
- $1,394/mo
- After all costs
- −$562/mo
- Cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $1,460 · tax $128 · strata $221 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 A.S. Matheson Elementaryhomes in this catchment
700 m away · 2090 Gordon Dr, Kelowna · 250-870-5112
- Middle Klo Middlehomes in this catchment
2.4 km away · 3130 Gordon Dr, Kelowna · 250-870-5106
- Secondary Kelowna Secondaryhomes in this catchment
2.0 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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