Condo
$780,800
1232 Ellis Street Unit# 1301
Kelowna North, Kelownalisted today
MLS® 10402035
1 / 40
$819,900
1181 Sunset Drive Unit# 2302
Kelowna North, Kelowna · MLS® 10400406
All units at 1181 Sunset Dr →2 bed · 2 bath · 962 sq ft · 1 parking
Condo · Single Family · built 2022 · 29 days on market
Listed by Kraig Snaychuk, Coldwell Banker Horizon Realty
Realtor's description
Luxury Downtown Living with Breathtaking Views! This stunning 2-bed, 2-bath plus den on the 23rd floor boasts views of Lake Okanagan, surrounding mountains, and Elks Stadium. Bathed in natural light with floor-to-ceiling windows, this spacious, thoughtfully laid-out split-floor-plan design offers privacy, with bedrooms on opposite sides. Enjoy a coffee or evening nightcap on the spacious covered balcony while taking in the lake and mountains as your backdrop. One Water offers a wealth of amenities, including two pools, pickleball courts, a gym, and a Pilates area. This building has everything, making it the ultimate haven for relaxation and recreation. The location is simply unbeatable. With a fantastic walkability score, everything you desire is just a stone's throw away. Explore an array of trendy cafes, gourmet restaurants, and boutique shops, all within easy reach.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 962 sq ft
- Parking
- 1
- Year built
- 2022
- Property tax
- $3,706 / yr
- Strata fee
- $615 / mo ($0.64 / sq ft)
- Days on market
- 29
- MLS®
- 10400406
Features
- One Balcony
- Washer
- Refrigerator
- Range - Gas
- Dishwasher
- Dryer
Monthly cost
$4,496/mo
Mortgage $3,572 · Tax $309 · Strata $615
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,098/mo
- After all costs
- −$2,601/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $3,572 · tax $309 · strata $615 · 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
Location
Kelowna North, KelownaGoogle Maps ↗
Schools
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
5.3 km away · 121 Drysdale Blvd, Kelowna · 250-870-5130
- Secondary Kelowna Secondaryhomes in this catchment
3.6 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.
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