
3178 Via Centrale Unit# 2201
University District, Kelowna · MLS® 10394055
1 bed · 1 bath · 720 sq ft · 1 parking
Condo · Single Family · built 2004 · 91 days on market
Listed by Justin Wyllie, Coldwell Banker Horizon Realty
NOW OFFERED AT $329,000 – TURNKEY INVESTMENT WITH GREAT CASH FLOW! Welcome to 2201-3178 Via Centrale, an exceptional investment opportunity in Kelowna's sought-after University District. This 1-bedroom, 1-bathroom condo features a long-term tenant in place until June 1, 2027, paying $1,800/month, providing immediate rental income from day one. Located just minutes from UBC Okanagan, Kelowna International Airport, transit, shopping, and recreation, the property sits next to the Okanagan Golf Club's 36-hole championship courses and is surrounded by scenic hiking and biking trails. This well-designed 720 sq. ft. condo offers an open-concept layout with a bright kitchen and living area, spacious bedroom, in-suite laundry, and a functional floor plan that continues to attract quality tenants. Residents of The Pointe at Quail enjoy secure entry, elevator access, underground parking, plus a seasonal outdoor pool and hot tub. With a well-managed strata, reasonable fees, and a location that consistently delivers strong rental demand, this is an outstanding opportunity to add a proven income-producing property to your portfolio.
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 720 sq ft
- Parking
- 1
- Year built
- 2004
- Property tax
- $1,800 / yr
- Strata fee
- $388 / mo ($0.54 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 91
- MLS®
- 10394055
- Central island
- One Balcony
- Pets Allowed With Restrictions
- Rentals Allowed
- Refrigerator
- Oven - Electric
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $1,597/mo
- After all costs
- −$537/mo
- Cap rate
- 3.3%
- yearly net rent ÷ price
Costs: mortgage $1,433 · tax $150 · strata $388 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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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