Condo
$1,430,000
1626 Water Street Unit# 3408
Kelowna North, Kelowna80 days on market
MLS® 10395421
1 / 40
$1,250,000
1191 Sunset Drive Unit# 2905
Kelowna North, Kelowna · MLS® 10394648
All units at 1191 Sunset Dr →2 bed · 2 bath · 980 sq ft · 2 parking
Condo · Single Family · built 2021 · 66 days on market
Listed by Michelle Chartrand, Royal LePage Kelowna
Realtor's description
Experience the pinnacle of urban living in this stunning 990 sq. ft. luxury suite, perched on the 29th floor of the iconic One Water complex in Downtown Kelowna. This residence offers an unmatched lifestyle, featuring panoramic, breathtaking views of Okanagan Lake, the floating bridge, majestic mountains, and the vibrant downtown core. Designed for the modern connoisseur, this suite features a fully integrated Control4 smart home system. Enjoy curated living with high-fidelity audio in the living room and primary suite, advanced automated lighting with scene pads and motion sensors, and complete smart control over climate, security, and access-all accessible via a sleek 10"" interactive touch screen or your personal mobile devices. This home is thoughtfully completed with two convenient, secure tandem parking stalls. One Water provides an extraordinary lifestyle, offering world-class amenities including two pools, a hot tub, BBQ areas, fire pits, a private dog park, a pickleball court, a fitness center, a yoga studio, a lounge, guest suites, and a business center. Located just steps from the city's finest restaurants, pristine beaches, and boutique shopping, this is Kelowna living at its absolute finest.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 980 sq ft
- Parking
- 2
- Year built
- 2021
- Property tax
- $4,072 / yr
- Strata fee
- $734 / mo ($0.75 / sq ft)
- Strata rules
- Pet Restrictions, Rentals Allowed
- Days on market
- 66
- MLS®
- 10394648
Features
- Central island
- One Balcony
- Recreational Facilities
- Pet Restrictions
- Rentals Allowed
- Washer
Monthly cost
$6,519/mo
Mortgage $5,446 · Tax $339 · Strata $734
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
- −$4,624/mo
- Cap rate
- 0.8%
- yearly net rent ÷ price
Costs: mortgage $5,446 · tax $339 · strata $734 · 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
1.6 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
3.5 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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