Condo
$420,000
14% less per sq ft547 Yates Road Unit# 211
North Glenmore, Kelowna6 days on market
2 bd2 ba900 sq ft
MLS® 104019511 / 26
$415,000
1481 Glenmore Road N Unit# 301
North Glenmore, Kelowna · MLS® 10354358
2 bed · 2 bath · 855 sq ft · 1 parking
Condo · Single Family · built 2008 · 462 days on market
Listed by Amar Grewal, Realtymonx
Realtor's description
PRICED BELOW BC ASSESSMENT!!! Discover the perfect blend of convenience and comfort in this 2-bedroom, 2-bathroom corner unit on the top floor at Yaletown complex in North Glenmore. Located near UBCO and the International Airport, it's an excellent choice for students, first-time buyers, or savvy investors. Stay active with the on-site fitness center and enjoy the added perk of a dedicated underground parking stall. Plus, pets are allowed with some restrictions, making this condo an all-around winner for a dynamic lifestyle. Don't miss out on this prime opportunity in a sought-after location!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 855 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,193 / yr
- Strata fee
- $390 / mo ($0.46 / sq ft)
- Days on market
- 462
- MLS®
- 10354358
Monthly cost
$2,381/mo
Mortgage $1,808 · Tax $183 · Strata $390
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
- −$486/mo
- Cap rate
- 3.8%
- yearly net rent ÷ price
Costs: mortgage $1,808 · tax $183 · strata $390 · 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
North Glenmore, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary North Glenmore Elementaryhomes in this catchment
2.1 km away · 125 Snowsell St North, Kelowna · 250-870-5128
- Middle Dr. Knox Middlehomes in this catchment
2.7 km away · 121 Drysdale Blvd, Kelowna · 250-870-5130
- Secondary Kelowna Secondaryhomes in this catchment
9.9 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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