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$849,000

1181 Sunset Drive Unit# 1405

Kelowna North, Kelowna · MLS® 10396634

2 bed · 2 bath · 985 sq ft · 1 parking

Condo · Single Family · built 2022 · 64 days on market

Listed by Chris Veale, Oakwyn Realty Okanagan

Welcome to one of downtown Kelowna's most coveted corner residences in a premier concrete high-rise. This exceptional 2-bedroom, 2-bathroom luxury condo showcases an open-concept design with soaring 9-foot ceilings, expansive floor-to-ceiling windows, and breathtaking panoramic views of Okanagan Lake, the city skyline, and surrounding mountains. The thoughtfully designed layout features a spacious primary retreat with a private ensuite, while the generous covered patio provides the perfect setting to entertain or unwind while taking in spectacular sunsets. Enjoy an unmatched resort-inspired lifestyle with world-class amenities, including an outdoor family pool, lap pool, fully equipped fitness centre, racquet court, and beautifully appointed resident lounges. Ideally located just steps from Okanagan Lake, the waterfront boardwalk, beaches, award-winning restaurants, shopping, and vibrant entertainment, this is a rare opportunity to own one of Kelowna's premier downtown residences, where luxury, convenience, and an exceptional lifestyle come together.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 985 sq ft
Parking: 1
Year built: 2022
Property tax: $3,630 / yr
Strata fee: $635 / mo ($0.65 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 64
MLS®: 10396634

Above typical for the area (+22%)

Price per sq ft: $862 vs $706 median for condos in Kelowna North for sale (155)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central island
One Balcony
Family Oriented
Pets Allowed With Restrictions
Rentals Allowed

On market 64 days

Listed now: 62 days; median for 509 condos for sale; this one 64 days

Condos in Kelowna. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Central Okanagan School District 23

Elementary Bankhead Elementaryhomes in this catchment
1.7 km away · 1280 Wilson Ave, Kelowna · 250-870-5114
Middle Dr. Knox Middlehomes in this catchment
5.4 km away · 121 Drysdale Blvd, Kelowna · 250-870-5130
Secondary Kelowna Secondaryhomes in this catchment
3.5 km away · 1079 Raymer Ave, Kelowna · 250-870-5105

From the Central Okanagan School District 23's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$4,637/mo

Mortgage $3,699 · Tax $303 · Strata $635

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,699/ monthly

loan $679,200

25-year amortization

down payment20% · $169,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $430,503
property transfer tax: $14,980; BC general rate
cash to close: $184,780; down + PTT
total paid: $1,109,703

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,098/mo
After all costs: −$2,742/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,699 · tax $303 · strata $635 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Kelowna (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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