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Renanza Realty
Kelowna · Neighbourhood

Downtown Kelowna Real Estate

Explore homes and condos for sale in Downtown Kelowna, one of Kelowna's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.

Market snapshot

The Downtown Kelowna market right now

Downtown Kelowna currently has 327 active listings. Most homes for sale are priced between $371K and $1.65M, with a median around $697K. Condos and apartments make up the largest share of the market.

327
Active listings
327
For sale
$697K
Median list price
$371K–$1.65M
Typical range
$561
Median price / sq ft
64
Median days listed
25
New in last 7 days
2017
Median year built

Downtown Kelowna prices by bedrooms

BedroomsActive listingsMedian asking price
142$447K
2110$580K
379$865K
4+60$1.30M

Figures reflect current active MLS® listings and update as the market moves.

Neighbourhood guide

Living in Downtown Kelowna

Kelowna's compact urban core sits directly on Okanagan Lake, blending waterfront parks and beaches with the city's densest concentration of shops, offices, restaurants and cultural venues. In recent years the skyline has grown taller under a city plan encouraging higher-density housing, including the 42-storey Water Street by the Park tower.

Location & boundaries

Roughly bounded by Okanagan Lake to the west, Highway 97 (Harvey Avenue) to the south, Clement Avenue to the north and Richter Street to the east. It adjoins Kelowna North and the North End, with Kelowna South just beyond Harvey.

Lifestyle

A walkable, mixed-use district where residents, office workers and tourists share the lakefront boardwalks, patios and event spaces. The area is busiest in summer around the beaches and Bernard Avenue.

Housing & property types

A growing mix of high-rise and mid-rise condominiums and apartments alongside older low-rise buildings, with new residential towers added as the core intensifies.

Shopping & dining

Bernard Avenue, between Richter and Abbott streets, is the main pedestrian shopping and dining street, with lake-adjacent Abbott Street nearby.

Parks & recreation

City Park, Waterfront Park and the lakeshore boardwalks line the shore, along with the Kelowna Marina and public beaches.

Getting around

Served by the Kelowna Regional Transit System (BC Transit), with the downtown a hub of local bus routes; Highway 97 runs along its southern edge.

Attractions & landmarks

Landmarks include Prospera Place arena, the Kelowna Marina, waterfront hotel and casino, and the sails sculpture on the lakefront.

Who it may suit

Buyers who want a walkable, amenity-rich lakefront setting and condo living close to work, dining and the beach.

Sources: en.wikipedia.org, en.wikipedia.org

Neighbourhood snapshot — Kelowna

Statistics Canada, 2021 Census of Population for Kelowna, City (CY), British Columbia. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source

Population

144,576

Total population

+13.5%

Growth since 2016

42.4

Median age

Income

$82,000

Median household income

Household

2.3

Avg. household size

30.8%

Live alone

49.9%

Families w/ kids

Housing

64.7%

Owned

35.3%

Rented

$725,000

Median dwelling value

Apartment43.2%
Single-detached house42.5%
Row house / townhouse7.9%
Other6.4%

Education

Highest credential, ages 25–64

Bachelor's degree or higher31.3%
Trades or college diploma36.5%
High school diploma25.7%
No certificate, diploma or degree6.5%

Commute

How residents get to work

Car, truck or van84.3%
Walked6.4%
Public transit4.0%
Bicycle2.7%
Other2.6%

Languages

Mother tongue, top responses

English82.6%
Punjabi2.1%
German1.9%
French1.5%
Spanish0.9%

Buying a home in Downtown Kelowna

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How much does a home cost in Downtown Kelowna?

The median asking price for homes currently for sale in Downtown Kelowna is about $697,000, and most are listed between $371,000 and $1,654,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in Downtown Kelowna right now?

There are 327 active listings on this page's search, 25 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in Downtown Kelowna?

Median asking prices by bedroom count in Downtown Kelowna right now — 1 bedroom: about $447,000; 2 bedrooms: about $580,000; 3 bedrooms: about $865,000; 4+ bedrooms: about $1,300,000. Based on 291 active listings.

What is the price per square foot for homes in Downtown Kelowna?

The median asking price per square foot of living area is about $561 across homes currently listed in Downtown Kelowna. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in Downtown Kelowna been on the market?

The typical active listing here first came on the market about 64 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in Downtown Kelowna?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Thinking about Downtown Kelowna?

Tell us what you're after in Downtown Kelowna and we'll send matching listings the moment they hit the market.