- Active
#216 – 1289 Ellis Street
Kelowna · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 753
- Built
- 2005
Listed by REMAX Kelowna · MLS® 10402989
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Sign inAbout this home
A huge private patio in the heart of Downtown Kelowna sets this home apart, providing exceptional outdoor living just steps from the energy of the Cultural District. This 1 bedroom, 1 bathroom, 753 sq.ft. condo in Cannery Lofts offers an open-concept design with floor-to-ceiling windows that bring plenty of natural light into the main living space. Hardwood and tile flooring, stainless steel appliances and central air add to the comfortable, easy-care interior, while an in-unit storage room provides additional practical space. The oversized private patio extends the living area outdoors with plenty of room to relax or entertain. Residents also enjoy a common rooftop patio with BBQ area and impressive views over Downtown Kelowna and Okanagan Lake. Secure underground parking is included. Restaurants, cafes, beaches, the library, art gallery, theatre and waterfront are all nearby, making this an excellent opportunity for those looking to enjoy a walkable downtown lifestyle. Pets permitted with restrictions.
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 753 sq ft
- Year built
- 2005
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- Kelowna North
- Listed
- October 13, 2026
- Structure
- Apartment
- PID
- 026-494-248
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Waterfront
- Rooftop deck
- Air conditioning
- Patio
- Underground parking
Features and inclusions
- Heating
- Forced air, Electric
- Cooling
- Central air conditioning
- Flooring
- Tile, Hardwood
- Roof
- Tar & gravel, Unknown
- Parking
- Parkade
- Lot
- One Balcony
- Community
- Pets Allowed, Pets Allowed With Restrictions
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal 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
- $1,824
- Property tax
- $108/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,083
Purchase snapshot
- List price
- $384,900
- Down payment
- $76,980 (20%)
- Estimated mortgage
- $307,920
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
- $1,832
- 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
- $1,490 a month
- Gross yield
- 4.6%
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
Condo / Apartment · 47%
Who lives here
Documents
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Availability is not guaranteed. Review documents with a professional.