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Renanza Realty
Kelowna · Neighbourhood

University District Real Estate

Explore homes and condos for sale in University District, 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 University District market right now

University District currently has 14 active listings. Most homes for sale are priced between $338K and $747K, with a median around $507K. Condos and apartments make up the largest share of the market.

14
Active listings
14
For sale
$507K
Median list price
$338K–$747K
Typical range
$476
Median price / sq ft
56
Median days listed
1
New in last 7 days
2018
Median year built

University District prices by bedrooms

BedroomsActive listingsMedian asking price
25$410K
37$629K

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

Neighbourhood guide

Living in University District

The University District surrounds the UBC Okanagan campus in north Kelowna and has developed as the city's education and innovation hub. It offers a mix of student housing and newer residential development near the campus and airport.

Location & boundaries

In north Kelowna between the Glenmore valley and Ellison, on a hillside near the airport, along Highway 97 and University Way.

History

UBC Okanagan was established in 2005, taking over the former Okanagan University College campus, and the surrounding area has grown alongside the university.

Lifestyle

A campus-oriented area with a student population of roughly 11,900, plus faculty, staff and nearby residents.

Housing & property types

A mix of purpose-built student housing, apartments, townhomes and newer detached homes.

Schools

Home to the UBC Okanagan campus; the surrounding area is within School District 23 Central Okanagan.

Getting around

A major transit destination with frequent BC Transit service connecting the campus to downtown and Rutland; close to Kelowna International Airport.

Community facilities

The campus includes an Innovation Precinct along Innovation Drive linking university research with industry.

Who it may suit

Students, faculty and buyers wanting to live near the university and airport.

Sources: en.wikipedia.org, 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 University District

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 University District?

The median asking price for homes currently for sale in University District is about $507,000, and most are listed between $338,000 and $747,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in University District right now?

There are 14 active listings on this page's search, 1 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in University District?

Median asking prices by bedroom count in University District right now — 2 bedrooms: about $410,000; 3 bedrooms: about $629,000. Based on 12 active listings.

What is the price per square foot for homes in University District?

The median asking price per square foot of living area is about $476 across homes currently listed in University District. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in University District been on the market?

The typical active listing here first came on the market about 56 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 University District?

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 University District?

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