
395 Franklyn Road Unit# 314
Rutland North, Kelowna · MLS® 10400525
2 bed · 1 bath · 832 sq ft · 1 parking
Condo · Single Family · built 1978 · 26 days on market
Listed by April Anderson, Coldwell Banker Executives Realty
Welcome to #314-395 Franklyn Road — a beautifully updated TOP FLOOR condo offering privacy, convenience and an exciting opportunity in the heart of Rutland. Step inside to a fresh, move-in-ready home where recent upgrades bring a modern feel to this established building. Even better, the complex itself is currently undergoing improvements, adding to its overall appeal and future potential. One of the standout features of this unit is the LARGE PRIVATE DECK. Set among mature trees, the outdoor space feels surprisingly secluded, with natural screening from neighboring units — a rare find in condo living and the perfect place for morning coffee, evening drinks or simply relaxing outdoors. The top-floor location means no neighbors above, while the home's position within the building adds another layer of privacy. Location is another major win. Situated directly across from Ben Lee Park, you'll have one of the area's favorite community parks, waterpark, playground and recreation spaces practically at your doorstep. Shopping, restaurants, everyday amenities and transit are all nearby, with convenient bus access connecting to schools, Okanagan College and UBCO. Located in the growing Rutland community, this is an excellent opportunity for a first-time buyer, student, downsizer or investor looking for an updated home in a highly convenient location. Updated inside. Improvements happening outside. Top-floor privacy. A fantastic location. This one deserves a closer look.3 ""Some images are virtually staged""
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 832 sq ft
- Parking
- 1
- Year built
- 1978
- Property tax
- $1,607 / yr
- Strata fee
- $397 / mo ($0.48 / sq ft)
- Days on market
- 26
- MLS®
- 10400525
- Level lot
- Family Oriented
Catchment schools, Central Okanagan School District 23
- Elementary Springvalley Elementaryhomes in this catchment
- Middle Rutland 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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $2,098/mo
- After all costs
- −$270/mo
- Cap rate
- 4.4%
- yearly net rent ÷ price
Costs: mortgage $1,634 · tax $134 · strata $397 · 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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