Condo
$350,000
920 Saskatoon Road Unit# 118
Rutland South, Kelowna155 days on market
2 bd1 ba1,127 sq ft
MLS® 103863001 / 40
$419,900
135 Ziprick Road Unit# 406
Rutland South, Kelowna · MLS® 10401275
3 bed · 2 bath · 1,292 sq ft · 2 parking
Condo · Single Family · built 2006 · 19 days on market
Listed by Carmelita Obradovic, Oakwyn Realty Okanagan
Realtor's description
RARE CORNER UNIT- 3-BDRM TOP-FLOOR CONDO + 2 UNDERGROUND PARKING STALLS! Welcome to #406-135 Ziprick Road, Kelowna—offering an Impressive Corner Unit 1,292 sq. ft., 3 Bedrooms, 2 full Bathrooms Plus 2 Secured Parking in a Convenient Central location. Built in 2006, this Spacious Top-floor home is an excellent opportunity for First-time buyers, families, downsizers or investors. Ideally located within Walking Distance to Elementary and Public Schools, with a Bus Stop nearby and Convenient Access to Shopping, Restaurants, Parks and Everyday Amenities. Okanagan College and UBC Okanagan are also easily accessible, making this a Great Location for Families, Students and Investors Alike. Rentals are Permitted (no short-term rentals) and the building is Pet Bonus of TWO Covered Underground Parking Stalls. Assessed at $463,000 and aggressively priced at only $419,900, this is an Excellent Opportunity to own a Spacious and Rarely available 3-bedroom top-floor condo in Kelowna. Exceptional Space, Location, Parking and Value—book your private showing today!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,292 sq ft
- Parking
- 2
- Year built
- 2006
- Property tax
- $2,536 / yr
- Strata fee
- $557 / mo ($0.43 / sq ft)
- Strata rules
- Pets Allowed, Pet Restrictions, Pets Allowed With Restrictions
- Days on market
- 19
- MLS®
- 10401275
Features
- Central island
- Pets Allowed
- Pet Restrictions
- Pets Allowed With Restrictions
Monthly cost
$2,598/mo
Mortgage $1,829 · Tax $211 · Strata $557
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
- $2,713/mo
- After all costs
- −$137/mo
- Cap rate
- 4.8%
- yearly net rent ÷ price
Costs: mortgage $1,829 · tax $211 · strata $557 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
Rutland South, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary Springvalley Elementaryhomes in this catchment
400 m away · 350 Ziprick Rd, Kelowna · 250-870-5111
- Middle Springvalley Middlehomes in this catchment
400 m away · 350 Ziprick Rd, Kelowna · 250-870-5111
- Secondary Rutland Secondaryhomes in this catchment
2.4 km away · 715 Rutland Rd N, Kelowna · 250-870-5109
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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