
722 Valley Road Unit# 322
Glenmore, Kelowna · MLS® 10380613
2 bed · 2 bath · 883 sq ft · 1 parking
Condo · Single Family · built 2019 · 191 days on market
Listed by Heidi Klein, RE/MAX Vernon
Awesome 2 bedroom/ 2 bathroom condo with in suite laundry and a private deck. Located on the 3rd Floor with views facing West and North. Like new suite with upgraded quartz countertops in bathrooms and kitchen, all 6 appliances are included. This suite is open concept with an eating bar in the kitchen. The primary bedroom has a walk through closet with hanging on both sides of closet and goes through to a full ensuite bathroom with walk in shower. The second bedroom also has an ensuite bathroom attached, is smaller but good size. Bedrooms are separated by the open concept living, dining and kitchen area that walks out onto a deck facing westerly. This suite comes with an underground secure parking space with a rack to lock a bike to. This suite also has the full separated laundry in a room with lots of extra storage for a pantry and extra items. There is a common roof top BBQ area with sitting and dining space overlooking Dilworth Mountain. There is also a common room that can be rented with a large dining space, kitchen and living area with bathroom and patio and a dog/bike washing area off the underground parkade. Great property, rent out or move into yourself. This property is close to UBCO, biking trails, walking paths, very easy and central access to downtown shopping, parks, Knox Mountain park.
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 883 sq ft
- Parking
- 1
- Year built
- 2019
- Property tax
- $2,433 / yr
- Strata fee
- $389 / mo ($0.44 / sq ft)
- Strata rules
- Pet Restrictions, Pets Allowed With Restrictions
- Days on market
- 191
- MLS®
- 10380613
- Pet Restrictions
- Pets Allowed With Restrictions
- Washer
- Refrigerator
- Range - Electric
- Dishwasher
Catchment schools, Central Okanagan School District 23
- Elementary Watson Road Elementaryhomes in this catchment
- Middle Dr. Knox Middlehomes in this catchment
- Secondary Kelowna 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
- −$657/mo
- Cap rate
- 3.5%
- yearly net rent ÷ price
Costs: mortgage $1,960 · tax $203 · strata $389 · 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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