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$360,000

2388 Baron Road Unit# 407

Springfield/Spall, Kelowna · MLS® 10387608

2 bed · 1 bath · 1,022 sq ft · 1 parking

Condo · Single Family · built 1998 · 140 days on market

Listed by Christine Boisseau, eXp Realty (Kelowna)

Bright and spacious top-floor 2-bedroom condo featuring vaulted ceilings and an open-concept layout filled with natural light. The main living area is warm and inviting, complete with a cozy gas fireplace and large windows. The kitchen provides ample counter space and a convenient breakfast bar, perfect for everyday living and entertaining. Step out onto the 14 x 6 east-facing deck overlooking the quiet side of the building, ideal for morning coffee and relaxed evenings. This well-maintained building offers desirable amenities, including a fitness centre, rooftop area, and guest suite for visiting family and friends. Located in an exceptionally central area, steps to Orchard Park Mall, Costco, Superstore, Mission Park Greenway, restaurants, and public transit, walk to everything you need. Top-floor living, vaulted ceilings, and unbeatable convenience make this a fantastic opportunity.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 1,022 sq ft
Parking: 1
Year built: 1998
Property tax: $1,477 / yr
Strata fee: $320 / mo ($0.31 / sq ft)
Strata rules: Pets not Allowed
Days on market: 140
MLS®: 10387608

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

Below typical for the area (-32%)

Price per sq ft: $352 vs $516 median for condos in Springfield/Spall for sale (58)

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.

One Balcony
Pets not Allowed
Washer
Refrigerator
Range - Electric
Dishwasher

On market 140 days

Listed now: 62 days; median for 509 condos for sale; this one 140 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 Springvalley Elementaryhomes in this catchment
Middle Springvalley Middlehomes in this catchment
Secondary Rutland 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.

$2,011/mo

Mortgage $1,568 · Tax $123 · Strata $320

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

estimated payment

$1,568/ monthly

loan $288,000

25-year amortization

down payment20% · $72,00020%+ 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: $182,546
property transfer tax: $5,200; BC general rate
cash to close: $77,200; down + PTT
total paid: $470,546

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: $2,098/mo
After all costs: −$116/mo
Cap rate: 4.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,568 · tax $123 · strata $320 · 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

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