2250 Majoros Road Unit# 412

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$2,400/mo

after all costs

−$267/mo

cap rate

4.5%

yearly net rent ÷ price

Costs: mortgage $1,914 · tax $171 · strata $356 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Kelowna: CMHC's average there ($2,098) raised by what new tenants pay against everyone in the Kelowna area, then down 1.9% with Kelowna's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Central Okanagan School District 23

• Elementary Chief Tomat Elementaryhomes in this catchment

  2.5 km away · 3365 East Boundary Rd, West Kelowna · 250-870-5127

• Middle Constable Neil Bruce Middlehomes in this catchment

  3.4 km away · 2010 Daimler Dr, West Kelowna · 250-870-5177

• Secondary Mount Boucherie Secondaryhomes in this catchment

  4.1 km away · 2751 Cameron Rd, West Kelowna · 250-870-5101

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.