Condo
$599,999
1626 Water Street Unit# 3001 Lot# 386
Kelowna North, Kelownalisted today
MLS® 10403305
1 / 40
$485,000
1191 Sunset Drive Unit# 2307
Kelowna North, Kelowna · MLS® 10397762
All units at 1191 Sunset Dr →1 bed · 1 bath · 617 sq ft · 1 parking
Condo · Single Family · built 2021 · 53 days on market
Listed by Charlene Volk, Oakwyn Realty Okanagan
Realtor's description
Welcome to downtown living at it’s finest! The esteemed ""One Water Street” community offers world class resort style amenities and an extraordinary lifestyle!! This 23rd floor one bedroom plus den unit in the EAST tower is bright and functional with upscale finishes and floor to ceiling windows throughout. The spacious kitchen is timeless and modern with seating at the quartz island, a gas range and a seamless connection to the living area. The building is constructed with a steel frame and concrete structure providing ample sound proofing for easy living. The 170 sq ft extra large deck is covered for year round enjoyment and comes complete with natural gas hookup and stunning views of the mountains, lake and city! Central heating/cooling, in suite laundry and dedicated storage and parking round out this amazing package. One Water’s exclusive 1.3 acre amenity level “The Bench” provides exclusive access to all residents and is an absolute oasis comprised of two swimming pools, an oversized hot tub, pickleball court, outdoor seating with fire pits, BBQ areas, and a private dog park. The indoor amenities are unparallelled with a well-equipped gym, luxury style change rooms and steam shower, yoga/pilates studio, business center, lounge area and guest suites for visiting family and friends. Located in the heart of downtown just steps from the finest restaurants, beaches, boutique shopping and so much more!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 617 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $2,309 / yr
- Strata fee
- $394 / mo ($0.64 / sq ft)
- Strata rules
- Rentals Allowed
- Days on market
- 53
- MLS®
- 10397762
Features
- Balcony
- Rentals Allowed
Monthly cost
$2,699/mo
Mortgage $2,113 · Tax $192 · Strata $394
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
- $1,597/mo
- After all costs
- −$1,265/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $2,113 · tax $192 · strata $394 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
5.4 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.
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