Residentiae.
For Sale · Interior REALTORS®

1395 Ellis Street Unit# 506

Interior REALTORS® · V1Y1Z9

$950,000

2Bedrooms
2Bathrooms
1Parking
1,670Sq Ft
1Storeys

About this residence

Welcome to The Madison, one of Kelowna’s most prestigious and sought after high-rise buildings. With concrete construction, this tower offers exceptional soundproofing, durability, and quiet living while still being in the heart of downtown. This spacious residence is a standout, as units of this size rarely come available in the Cultural District. Inside, hardwood flooring flows throughout the main living areas, while the kitchen boasts a large granite island, maple cabinets, premium Bosch appliances, and ample storage. The generous primary bedroom includes a luxurious five-piece ensuite, complemented by a second bedroom with its own full four-piece bathroom. Additional highlights include in-unit laundry, excellent storage, and expansive living and dining areas that are rarely matched in the downtown core. Outside features a large, southwest exposure covered deck with 2 remote controlled blinds, perfect for outdoor living year-round. This building is a five-minute walk to the Lake, and steps from the Community Theatre, Prospera Place, the Yacht Club, shopping, dining, and everyday amenities, this is downtown living at its finest. Amenities include an on site building manager, conference room with kitchen facility, fitness centre, bike storage & soon EV charges at each stall. Perfect for buyers seeking the space and quietness of a home, combined with the convenience and elegance of a high-end condo. (id:61366)

Property details

Property type
Single Family
Style
Apartment
Ownership
Condo/Strata
Bedrooms
2
Bathrooms
2
Storeys
1
Living area
1,670 sq ft
Parking
1 spaces
Fireplace
1
Year built
2009
Annual tax
$3,970
Association fee
$799
MLS®
10387455
Board
Interior REALTORS®
Status
Active
Listed
May 13, 2026
Updated
Jul 11, 2026

Room dimensions

RoomLevelDimensions
Laundry roomMain level5'4'' x 8'
DenMain level10'2'' x 11'
4pc Ensuite bathMain level6'1'' x 9'6''
5pc Ensuite bathMain level13'4'' x 9'7''
BedroomMain level10'5'' x 24'
Primary BedroomMain level12'1'' x 24'11''
KitchenMain level12'4'' x 16'1''
Dining roomMain level10'8'' x 16'7''
Living roomMain level14'1'' x 16'9''

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Microwave
  • Range - Gas

Flooring

  • Hardwood
  • Tile

Heating

  • See remarks

Cooling

  • Central air conditioning

Parking

  • Underground

Lot

  • One Balcony

Sewer & Utilities

  • Municipal sewage system

Community

  • Adult Oriented

Views

  • Lake view
  • Mountain view
  • View (panoramic)

Financing

Mortgage calculator

Estimated monthly payment

$4,443/mo

Amortization

Loan amount

$760,000

Down payment

$190,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Interior REALTORS®

About the area

Census · V1Y
39,050
Population
41
Median age
$70,000
Median income
$650,000
Median home value
50%
Home ownership
18 min
Avg. commute

Age distribution

0–14
10%
15–24
11%
25–44
34%
45–64
24%
65+
21%

Tenure

50% owners50% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

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Good to know

Frequently asked questions

What is the asking price for 1395 Ellis Street Unit# 506?

1395 Ellis Street Unit# 506 is listed for $950,000, in Interior REALTORS®.

How many bedrooms and bathrooms does 1395 Ellis Street Unit# 506 have?

It offers 2 bedrooms and 2 bathrooms.

What type of home is 1395 Ellis Street Unit# 506?

1395 Ellis Street Unit# 506 is a Single Family, Apartment set over 1 storey, built in 2009.

How large is 1395 Ellis Street Unit# 506?

The home offers approximately 1,670 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,443. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,970 per year.

Is there parking?

Yes — 1395 Ellis Street Unit# 506 includes 1 parking space.

What is the Interior REALTORS® area like?

Interior REALTORS® has a population of about 39,050, a median age of 41, a 50% home-ownership rate, with an average commute of about 18 minutes.

What is the average home value in Interior REALTORS®?

The median dwelling value in this area is approximately $650,000, based on census data via Neighbourly.

What is the median household income in Interior REALTORS®?

The median household income in this area is approximately $70,000.

Private viewings

Arrange a private viewing of 1395 Ellis Street Unit# 506.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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