Condo
$260,000
32% less per sq ft625 Rowcliffe Avenue Unit# 305
Kelowna South, Kelowna1 day on market
1 bd1 ba712 sq ft
MLS® 104026871 / 22
$299,000
625 Rowcliffe Avenue Unit# 101
Kelowna South, Kelowna · MLS® 10400516
1 bed · 1 bath · 662 sq ft · 1 parking
Condo · Single Family · built 1979 · 26 days on market
Listed by Tamara Terlesky, REMAX Kelowna
Realtor's description
Welcome to this bright and inviting 1-bedroom corner unit, ideally situated across from the beautiful 5-acre Rowcliffe Park. Enjoy an active, convenient lifestyle with community gardens, expansive green space, a children’s playground, walking paths and a newly redeveloped off-leash dog park just steps from your door. Pride of ownership shows, with windows & doors updated in the last 2-5 years, Fibre Optic cable going in and the elevator to be done within the next year. Renovated kitchen with 2-3 year old stainless steel LG dishwasher, fridge and stove. Beaches, shopping, groceries, restaurants and transit all within an easy walk. With no age or rental restrictions and large dogs allowed, this is a fantastic opportunity for first-time buyers, couples, dog owners or investors looking for an affordable property in a Central location! Additional features include a community patio located at the end of the hall, one designated parking stall and one storage unit. A great opportunity to enjoy comfortable, low-maintenance living in the heart of Kelowna South!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 662 sq ft
- Parking
- 1
- Year built
- 1979
- Property tax
- $1,357 / yr
- Strata fee
- $330 / mo ($0.50 / sq ft)
- Strata rules
- Rentals Allowed
- Days on market
- 26
- MLS®
- 10400516
Features
- Level lot
- One Balcony
- Family Oriented
- Rentals Allowed
- Refrigerator
- Range - Electric
Monthly cost
$1,746/mo
Mortgage $1,303 · Tax $113 · Strata $330
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
- $1,597/mo
- After all costs
- −$312/mo
- Cap rate
- 4.0%
- yearly net rent ÷ price
Costs: mortgage $1,303 · tax $113 · strata $330 · 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
Location
Kelowna South, KelownaGoogle Maps ↗
Schools
Catchment schools, Central Okanagan School District 23
- Elementary A.S. Matheson Elementaryhomes in this catchment
1000 m away · 2090 Gordon Dr, Kelowna · 250-870-5112
- Middle Klo Middlehomes in this catchment
2.5 km away · 3130 Gordon Dr, Kelowna · 250-870-5106
- Secondary Kelowna Secondaryhomes in this catchment
2.0 km away · 1079 Raymer Ave, Kelowna · 250-870-5105
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
