- Active
#201 – 2040 Springfield Road
Kelowna · Other
- Sqft
- 1,694
Listed by REMAX Kelowna · MLS® 10396091
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
Second-floor commercial unit in the sought-after Invue development offering approximately 1,694 sq. ft. of professional office space in a secure concrete building. The functional layout features a welcoming reception area, three private offices, a spacious open work area currently configured with cubicles, a dedicated staff room, and attractive designer finishes throughout. Suitable for a wide variety of professional and service-oriented businesses, including medical or dental clinics, physiotherapy or wellness practices, accounting or law firms, real estate or insurance offices, consulting, technology, and other professional services (subject to zoning). A unique advantage is the built-in exposure to Invue's 92 residential units, creating convenient access to potential clientele. Ideally located in Kelowna's central Midtown commercial district, just steps from Orchard Park Shopping Centre and directly behind Orchard Plaza, the property enjoys exceptional visibility and accessibility. Surrounded by major retailers, professional services, transit routes, and established neighbourhoods, it offers easy access to Highway 97, Downtown Kelowna, and surrounding communities. Additional features include outdoor space, access to common washrooms, two secure underground parking stalls, on-site visitor parking and free street parking on adjacent Barlee Road. An outstanding opportunity to own premium commercial space in one of Kelowna's most desirable business locations.
Home facts
- Interior
- 1,694 sq ft
- Parking
- 2
- Property type
- Other
- Area
- Springfield/Spall
- Listed
- August 4, 2026
- Structure
- Residential Commercial Mix
- PID
- 028-075-111
- Common interest
- Condo/Strata
Highlights
- Underground parking
Features and inclusions
- Heating
- Geothermal
- Cooling
- Geothermal
- Parking
- Underground
- Community
- High Traffic Area
Rooms and building
- Water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $4,024
- Property tax
- $250/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,424
Purchase snapshot
- List price
- $849,000
- Down payment
- $169,800 (20%)
- Estimated mortgage
- $679,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,041
- At 4.7595 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,320 a month
- Gross yield
- 1.9%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Kelowna
Ten year average, 2016–2025.
- Average temperature
- 9.6°C
- Daily mean across the year.
- Yearly precipitation
- 242 mm
- On the drier side for BC.
- Bright sunshine
- 1,949 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 37%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
