- Active
CRU2 – 3051 Abbott Street
Kelowna · Other
- Sqft
- 776
Listed by Royal LePage Kelowna · MLS® 10388191
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Sign inAbout this home
RLK Commercial is proud to present a limited opportunity to own one of the final remaining boutique commercial strata units in Kelowna’s coveted Lower Mission neighbourhood. ALMA on Abbott offers two remaining brand-new, podium-level commercial strata units — SL2 (776 SF) and SL4 (862 SF) — within a newly built 87-unit residential development ready for immediate possession. Positioned just steps from the heart of Pandosy Village, this walkable, amenity-rich location benefits from pedestrian traffic, ongoing residential growth, and a well-established local customer base. The site offers visibility and signage opportunities along Abbott and Cedar, and presents a sleek and modern design. Owners will benefit from close proximity to the newly opened Pandosy Waterfront Park, offering an appealing lifestyle element to the day to day. This is a prime opportunity to establish your business within a rapidly evolving urban node, well suited for operators focused on both strategic location and value creation through real estate.
Home facts
- Interior
- 776 sq ft
- Parking
- 1
- Property type
- Other
- Area
- Lower Mission
- Listed
- May 21, 2026
- Structure
- Residential Commercial Mix
- PID
- 032-675-429
Highlights
- Waterfront
Features and inclusions
- Parking
- Stall
- Lot
- Corner Site, See remarks
- 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
- $3,126
- Property tax
- $192/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,468
Purchase snapshot
- List price
- $659,600
- Down payment
- $131,920 (20%)
- Estimated mortgage
- $527,680
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
- $3,139
- 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
- $1,700 a month
- Gross yield
- 3.1%
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)
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