1395 Ellis Street Unit# 506
Interior REALTORS® · V1Y1Z9
$950,000
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
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | 5'4'' x 8' |
| Den | Main level | 10'2'' x 11' |
| 4pc Ensuite bath | Main level | 6'1'' x 9'6'' |
| 5pc Ensuite bath | Main level | 13'4'' x 9'7'' |
| Bedroom | Main level | 10'5'' x 24' |
| Primary Bedroom | Main level | 12'1'' x 24'11'' |
| Kitchen | Main level | 12'4'' x 16'1'' |
| Dining room | Main level | 10'8'' x 16'7'' |
| Living room | Main level | 14'1'' 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
Estimated monthly payment
$4,443/mo
Loan amount
$760,000
Down payment
$190,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Interior REALTORS®
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently 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.
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Private viewings
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