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The Capstone project features over 120 rental units/ BC Housing
By Vernon Matters Staff
more rentals

Large affordable rental development opens in Kelowna

Oct 15, 2025 | 5:16 PM

The formal unveiling has happened for the latest rental residential apartment building in Kelowna.

Capstone, part of the Apple Valley complex on Mayer Road off Benvoulin Rd. features 122 units on nine storeys. It was formally opened Wednesday, Oct.15.

The energy-efficient mass timber building offers a mix of one- and two-bedroom homes for people with low or moderate incomes.

A media release from BC Housing said, in part, more families, seniors and people living with disabilities now have affordable, energy-efficient homes in Kelowna.

“This is about providing people a better place to live,” Christine Boyle, Minister of Housing and Municipal Affairs, said.

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“These new homes at Capstone will make life more affordable for people, and with our partners we are helping build a more sustainable, vibrant and cleaner future for our growing community.”

by Vernon Matters Staff
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What Matters

Council grants
Vernon to distribute over $50k in Council Discretionary Grants, $20K to the food bank
23h ago
Possible firearm involved
One person apprehended in connection with suspicious activity in Coldstream
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Fatal Collision, Highway Closed
One person dead in crash near Revelstoke
Dec 13, 2025
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Dec 12, 2025
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Dec 12, 2025