568 LORNE Street Unit# 205
South Kamloops, Kamloops · MLS® 10398590
1 bed · 2 bath · 851 sq ft · 1 parking
Condo · Single Family · built 2021 · 44 days on market
Listed by Indy Bal, REMAX Kamloops
Realtor's description
Welcome to this bright 1 bedroom plus den home in a sought after downtown Kamloops building. Built in 2021, this well kept unit offers 850 square feet of comfortable living space with 9 foot ceilings that make the whole space feel open and airy. The kitchen features stylish grey cabinetry, quartz countertops, and stainless steel appliances, flowing nicely into the dining and living area. The primary bedroom includes a walk through closet leading to your private 4 piece ensuite, and a main 2 piece bathroom is available for guests. The den is a great flex space and comes complete with a murphy bed, perfect for a home office that doubles as a guest room.Step outside to your south facing deck, a wonderful spot to enjoy morning coffee. In unit laundry adds everyday convenience. This home comes with 1 secure underground parking space and 1 secure storage locker. The building offers secure entry, an elevator, and a dual opening doorway into units, making it easy to move larger furniture in and out. Located just steps from Riverside Park, Pioneer Park, the River's Trail, restaurants, cafes, shopping, entertainment, and all of downtown Kamloops' amenities. This is downtown condo living at its best.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 851 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $2,844 / yr
- Strata fee
- $323 / mo ($0.38 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 44
- MLS®
- 10398590
Features
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
- Range
- Microwave
- Washer & Dryer
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,345/mo
- After all costs
- −$1,100/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $1,742 · tax $237 · strata $323 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Kamloops (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
Location
Schools
Catchment schools, Kamloops Thompson School District 73
- Elementary K-7 Beattie Elementaryhomes in this catchment
2.0 km away · 492 Mcgill Rd, Kamloops · 250-374-0608
- Secondary 8-12 South Kamloops Secondaryhomes in this catchment
1.4 km away · 821 Munro St, Kamloops · 250-374-1405
From the Kamloops Thompson School District 73'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.
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