Urban style meets downtown convenience in this bright and modern loft at Martin Lofts. Soaring two-storey ceilings and oversized windows fill the open living space with natural light, while the sleek kitchen features a gas range, large island with seating, and plenty of room to entertain. The main floor offers a spacious primary bedroom with walk-in closet and ensuite, while the loft-style second bedroom enjoys its own full bathroom, making it ideal for guests or a home office. The expansive, approx. 595 sqft wrap-around deck offers both covered and open-air living, and is wired for a hot tub, extending your living space outdoors. Complete with two ev-ready parking stalls in heated underground parking garage, a secure bike room, fitness centre, pet-friendly policies, and rentals allowed, this home delivers flexibility and convenience. Set on a quiet street just steps from Okanagan Lake, the Brewery District, Bernard Avenue, Prospera Place, theatres, restaurants, shopping, and Kelowna's vibrant cultural district, this is downtown living at its best.
Listed by REMAX Kelowna. Last updated Jul 9, 2026, 3:25 PM.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $131,980 down (20%) on $659,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 653 listings
Condo / Apartment
285
43.6%
Detached
212
32.5%
Townhouse
114
17.5%
Duplex
16
2.5%
Other
14
2.1%
Other
12
1.8%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Market story
Vancouver 2BR rent
Average monthly turnover rent · purpose-built apartments
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
