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$385,000

1610 Gordon Drive Unit# 101 Lot# 1

Kelowna North, Kelowna · MLS® 10396249

3 bed · 2 bath · 1,474 sq ft · 1 parking

Condo · Single Family · built 1988 · 68 days on market

Listed by Adam Smith, Vantage West Realty Inc.

Finding three bedrooms in a fully renovated home at this price point is rare enough. Finding it in a walkable location makes it even better. Offering just under 1,500 sq. ft., this immaculate home features spacious rooms, new laminate flooring, fresh paint, beautifully renovated bathrooms, and a new washer and dryer, so the work has already been done for you. A standout advantage is the flexible 55+ community designation. As long as one occupant is 55 or older, younger family members can also live in the home, making it an excellent option for downsizers, blended families, or multi-generational living. Step outside to the large covered patio, perfect for morning coffee, family gatherings, or simply enjoying the outdoors year-round. With No Frills across the street and downtown just a walk or bike ride away, daily errands and local amenities are always within easy reach. This move-in-ready home offers comfort, convenience, and flexibility all in one package.

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,474 sq ft
Parking: 1
Year built: 1988
Property tax: $1,537 / yr
Strata fee: $530 / mo ($0.36 / sq ft)
Strata rules: Pets not Allowed, Seniors Oriented
Days on market: 68
MLS®: 10396249

Buying in a building from 1982 to 2000: what to read first

Price per sq ft: $261 vs $703 median for condos in Kelowna North for sale (154)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Pets not Allowed
Seniors Oriented
Washer
Refrigerator
Range - Gas
Dishwasher

On market 68 days

Listed now: 62 days; median for 509 condos for sale; this one 68 days

Condos in Kelowna. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Central Okanagan School District 23

Elementary Bankhead Elementaryhomes in this catchment
Middle Dr. Knox Middlehomes in this catchment
Secondary Kelowna Secondaryhomes in this catchment

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.

$2,335/mo

Mortgage $1,677 · Tax $128 · Strata $530

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,677/ monthly

loan $308,000

25-year amortization

down payment20% · $77,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $195,222
property transfer tax: $5,700; BC general rate
cash to close: $82,700; down + PTT
total paid: $503,222

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,713/mo
After all costs: $126/mo
Cap rate: 5.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,677 · tax $128 · strata $530 · 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

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