Condo
$780,800
1232 Ellis Street Unit# 1301
Kelowna North, Kelownalisted today
MLS® 10402035
1 / 40
$869,000
1626 Water Street Street Unit# 2602
Kelowna North, Kelowna · MLS® 10395722
2 bed · 2 bath · 870 sq ft · 1 parking
Condo · Single Family · built 2025 · 78 days on market
Listed by Rebekah Beaton, RE/MAX Vernon
Realtor's description
An unbeatable opportunity to have it all — a stunning building in a prime downtown location, generous living space, sought-after marina & lake views, world-class amenities complete with a beautiful deck made for perfect sun-soaked Okanagan soirees. This impressive 2bed 2bath corner residence is a choice private unit on the 26th floor. #2602 showcases panoramic views of the yacht club with Knox Mountain rising beautifully against the city skyline. With its northeast orientation, this home offers the perfect temperature for comfortable year-round living. Every inch of this home is curated with superior-quality finishes that exude timeless elegance from integrated & stainless steel Fulgor Milano appliances to marbled porcelain tile, premium vinyl plank flooring & bespoke design details throughout. Impress your guests with exclusive access to 42,000 sqft of world-class amenities at The Deck, featuring 23 thoughtfully curated spaces to enjoy, entertain & unwind —including a fitness centre, art studio, kids’ playroom, sauna, steam room, golf simulator, yoga studio, putting green, games room, movie theatre, coworking space, and business centre. Step outside to the expansive terrace with fire pits, BBQ stations, outdoor dining, pool, hot tubs, dog run & dog wash. Plus, enjoy private lounge spaces, a party kitchen, and elegant changing facilities. Whether you’re searching for a full-time residence or the ultimate Okanagan retreat, this home checks every box.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 870 sq ft
- Parking
- 1
- Year built
- 2025
- Strata fee
- $456 / mo ($0.52 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 78
- MLS®
- 10395722
Features
- Central island
- One Balcony
- Pets Allowed
- Washer
- Refrigerator
- Range - Gas
Monthly cost
$4,242/mo
Mortgage $3,786 · Strata $456
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,098/mo
- After all costs
- −$2,347/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $3,786 · strata $456 · 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
2.0 km away · 1280 Wilson Ave, Kelowna · 250-870-5114
- Middle Dr. Knox Middlehomes in this catchment
6.2 km away · 121 Drysdale Blvd, Kelowna · 250-870-5130
- Secondary Kelowna Secondaryhomes in this catchment
2.6 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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