$ 1,680,000

550 West Avenue Unit# 501, Kelowna

Perched atop one of South Pandosy’s most exclusive boutique buildings, this sophisticated top-floor penthouse offers a rare blend of luxury, privacy, and walkable urban living. Set within an intimate residence, this home offers a secure, private retreat above it all. The open-concept interior is both elegant and inviting, featuring hardwood flooring, tile accents, and high-end appliances and finishings throughout. Expansive windows flood the space with natural light while showcasing stunning lake, city, and mountain views from nearly every room. The true showpiece is the massive private patio/terrace, offering exceptional outdoor living with both covered and open-air spaces—perfect for entertaining or relaxing in the Okanagan sunshine. Seamless indoor-outdoor flow enhances the overall living experience. A rare highlight is the private, secure, heated double garage—an uncommon feature that adds both convenience and peace of mind. Located in the heart of South Pandosy Village, you are just steps from boutique shops, beaches, parks, Okanagan College, Kelowna General Hospital, and some of the city’s best cafes, pubs, and restaurants. A rare opportunity to own a luxury penthouse in one of Kelowna’s most vibrant neighbourhoods. (id:1945)
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Property details for 550 West Avenue Unit# 501, Kelowna

Type
Apartment
Bedrooms
2
Bathrooms
2
Living Area
1,756 square feet
Stories
1
Parking
Attached Garage
Heating
Forced air
Cooling
Central air conditioning
Exterior
Brick, Stone, Stucco
Ownership
Condo/Strata
Annual Taxes
$8,531
Condo Fee
$1,236 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 550 West Avenue Unit# 501

Active Listings
146
Min Price
$198,000
Max Price
$1,990,000
Avg Price
$641,832
Days on Market
82
days
Sold Listings
51
Min Sold Price
$288,000
Max Sold Price
$1,449,900
Avg Sold Price
$592,369
Days until Sold
106
days

Neighbourhood Census Data

Kelowna, British Columbia / Colombie-Britannique

Population
674
Median Age
41.5
Median Income
$38,144
Dwelling Value
$525,619

Housing Tenure

Owners 63%
Renters 37%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 2,162.3/km²
Avg Shelter Cost: $1,224/mo
Owners with Mortgage: 46.2%
Owners Spending 30%+: 12.8%
Tenants Spending 30%+: 56.5%
English only: 91.8%
English and French: 9%
Median Household Income: $73,856
Median Employment Income: $31,360

Price History

Listed
July 6, 2026
by RE/MAX Kelowna
Current Price
$1,680,000
-11.6% from last change
Type
Apartment
For Sale
Price Changes
1
Date Price Change
Current $1,680,000 $219,900 (-11.6%)
Sep 11, 2026 $1,899,900 Listed

Contact Agent Get in touch about 550 West Avenue Unit# 501, Kelowna

Derek Martin
Derek Martin
RE/MAX Kelowna