Kelowna Condo vs Townhome:

What’s Right for You in 2025?

Choosing between a condo and a townhome in Kelowna isn’t just about square footage—it’s about lifestyle, location, and how you want your money to work for you. With the 2025 market shifting, affordability and functionality are back in the spotlight. Here's what buyers need to know before signing on the dotted line.

Price & Value in Today’s Market

In May 2025, the average condo in Central Okanagan sold for $516,379 while the average townhome came in at $698,299. Condos remain the more budget-friendly option, especially for first-time buyers or investors looking for lower entry points. But value isn’t just about price—it’s about what you get.

Townhomes tend to provide more space, better layouts for families or roommates, and often come with a garage or small yard. Condos typically offer a more compact footprint, but that can be ideal depending on your lifestyle.

Key stat: Townhome days on market dropped 16% to 62 days, a sign that demand is holding strong for this segment.

Lifestyle Considerations

Ask yourself: how do you live?

If you’re always on the go, working late, or traveling often, a condo might suit your pace. Condos tend to offer lower maintenance living and are often located in denser areas with more walkable access to services. Many newer buildings include gyms, rooftop terraces, or shared workspaces—but those perks vary widely depending on age and location. Older buildings may come with larger floor plans but fewer modern features. Either way, you’re trading a yard and extra space for simplicity and convenience.

But if you crave elbow room, have kids or pets, or want a small outdoor space without jumping to a detached home, a townhome gives you more breathing room with fewer shared walls.

Strata & Fees

Both property types come with strata management, but condo fees are typically higher—especially in buildings with elevators, underground parking, or aging infrastructure. Make sure you review the contingency fund and depreciation reports before buying.

Townhomes usually come with simpler strata setups, and some even cover just the basics like landscaping and snow removal, which can mean lower monthly costs over time.

Location Considerations

In 2025, both condos and townhomes are being built across Kelowna—including Glenmore, Rutland, Black Mountain, Lower Mission, and University District—so location alone won’t determine your choice.

What does matter is how each area matches your lifestyle. Want walkability, transit access, and a vibrant pace? Downtown and Landmark still lead for amenities per square block. Prefer quieter streets, school zones, and a little yard? Suburban pockets like Black Mountain and parts of Glenmore lean townhome-heavy with family-friendly layouts.

Bottom line: both property types are available citywide, but the surrounding lifestyle varies—and that’s where location still plays a key role.

Final Take

There’s no wrong choice—just the right fit for your stage of life and your goals. If you're trying to decide what makes sense for your lifestyle and budget in 2025, let’s chat about what you want in a home and what will serve you best long-term. The right advice now could save you thousands later.

Warm regards,