925 Leon Ave
✓ Short term rental permitted as a principal useCambridge House is one of only 25 addresses in Kelowna where short term rental is allowed as a principal use. That means you can own a unit here and rent it nightly without living in it. Everywhere else in the city still carries the principal residence requirement.
8 units from $199,000 to $429,900 · snapshot as of October 4, 2026. Availability and price change daily, so confirm before relying on this.
| Unit | Beds | Baths | Sq ft | Price | Listing |
|---|---|---|---|---|---|
| 327 | 2 | 2 | 942 | $429,900 | MLS 10382001 |
| 435 | 1 | 1 | 455 | $289,000 | MLS 10384590 |
| 614 | Studio | 1 | 309 | $249,900 | MLS 10386368 |
| 618 | Studio | 1 | 313 | $238,000 | MLS 10399863 |
| 424 | Studio | 1 | 313 | $234,999 | MLS 10390597 |
| 408 | Studio | 1 | 309 | $224,000 | MLS 10401824 |
| 347 | Studio | 1 | 310 | $209,900 | MLS 10401994 |
| 638 | Studio | 1 | 309 | $199,000 | MLS 10392214 |
The listing price tells you almost nothing. What matters is what a unit in this building actually grosses, what it costs to run, and what comparable units have sold for.
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Yes. Cambridge House at 925 Leon Ave is on the City of Kelowna's list of properties zoned for short term rental as a principal use, effective June 1, 2026. Verified October 22, 2026. You still need a City business licence, provincial registration, and signed strata consent.
No. The principal residence requirement does not apply to Cambridge House. That is what makes it one of only 25 addresses in Kelowna where you can own a unit purely as a nightly rental.
A City of Kelowna short term rental business licence is $345 per year plus a $50 application fee. Applications take two to four weeks. Provincial registration is separate.
Yes. City zoning and strata bylaws are separate. Kelowna will not issue a licence without a signed strata consent form, and a strata can restrict nightly rental in its own bylaws. Always read the bylaws and minutes before removing subjects.
I own and operate short term rentals myself, in Kelowna and in Vancouver. I am not guessing at these numbers. Book a short call and I will tell you straight whether this building fits what you are trying to do, or whether another one of the 25 fits better.
Every one of these is on the City's eligible list. Compare before you commit.