Property Type: Condo / ApartmentOwnership: Strata

1075 Sunset Drive Unit# PH1

Kelowna, BC V1Y9Y9

$2,495,000

2 bed3.5 bath2 parking1,527 sqftBuilt 2010
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Amenities

Also listed: Storage - Locker, Recreation Centre, Sauna, Whirlpool, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$873/mo
Annual property tax
$7,379.87

Maintenance Fee Includes

WaterGarbageHeat

Also included: Ground Maintenance, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air, Other, Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
None
Flooring
Hardwood

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
Pool
Pool, Inground pool, Outdoor pool

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Parkade, Stall

Room Dimensions

RoomLevelDimensions
Living roomMain level14'1'' x 16'0''
Dining roomMain level11'2'' x 8'0''
KitchenMain level13'7'' x 13'3''
DenMain level8'8'' x 8'5''
Primary BedroomMain level19'10'' x 12'0''
OtherMain level9'4'' x 9'4''
5pc Ensuite bathMain level12'1'' x 9'10''
BedroomMain level11'3'' x 19'4''
4pc Ensuite bathMain level4'11'' x 9'1''
2pc BathroomMain level4'5'' x 5'2''
Laundry roomMain level7'0'' x 5'0''

Listing Information

MLS®
10382866
Listed
April 30, 2026
Time on market
On the market for 123 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to Penthouse 1 at Waterscapes—an extraordinary sky residence offering breathtaking panoramic views of downtown Kelowna, Okanagan Lake, and the surrounding mountains. Fully reimagined, this penthouse delivers a seamless blend of modern design and refined luxury, complemented by an expansive 1,400 sq ft rooftop terrace perfectly suited for elevated indoor-outdoor living. Inside, every detail has been thoughtfully curated to create a cohesive and sophisticated ambiance. Hydronic in-floor heating, engineered hardwood flooring, porcelain surfaces, and magnetic track lighting with integrated LED accents work in harmony throughout. The open-concept living space is both dramatic and inviting, defined by soaring 17-foot ceilings, expansive windows, and a striking floating staircase with illuminated glass railings that leads effortlessly to the rooftop retreat. The Poliform kitchen stands as a true centrepiece, equipped with premium Gaggenau appliances, including a gas cooktop and soft-touch refrigeration, blending form and function with effortless elegance. The primary suite offers a serene escape, where stunning lake views meet a spa-inspired ensuite complete with Dornbracht fixtures, a rain shower, and a custom Poliform walk-in closet. An additional bedroom with its own ensuite and a sleek glass-enclosed office further enhance the home’s thoughtful layout. Smart home features—including Ecobee climate control, Lutron lighting, and motorized solar shades—add convenience and comfort. Outdoors, the private rooftop terrace is prepped for an exceptional entertaining experience, with gas, power, and water connections, along with plans for a full outdoor kitchen, pergola, and fire feature. Complete with two premium parking stalls, three storage lockers, and access to the exclusive Cascade Lounge amenities, including a pool, fitness centre, and sauna, this residence embodies elevated urban luxury. (id:63159)

Values & Trends

This listing

$1,634/sqft

Building average

$808/sqft

4 active listing(s)

Kelowna North average

$692/sqft

157 active listing(s)

Parking: 2 stall(s) includedStorage locker: Included

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Clear

12°C

Clear

Humidity 88%

Wind ENE 5 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

5/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
The Balsam School(Independent)Elementary638 m
Central SecondarySecondary1.9 km
Central School ProgramsK-121.9 km
Bankhead ElementaryElementary1.9 km
St Joseph Elementary School(Independent)Elementary2.1 km
A S Matheson ElementaryElementary2.7 km
Glenmore ElementaryElementary3.0 km
Raymer ElementaryElementary3.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Waterfront Wines Restaurant · 1180 Sunset Drive238 m
  • Bouchons Bistro · Sunset Drive261 m
  • Central Kitchen · 1155 Ellis Street365 m
  • Nagano Sushi576 m
  • Yama Kitchen673 m

Cafes (5+)

  • Analog Coffee303 m
  • J’s Cafe & Bistro556 m
  • Chaibaba · 1289 Ellis Street571 m
  • Eurobean Coffee584 m
  • The Galley Lakeside Cafe761 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street785 m

Parks (5+)

  • Sunset Drive Park53 m
  • Rotary Marsh Park211 m
  • Jack Brow Park · 920 Guy Street342 m
  • Pioneer Garden390 m
  • Waterfront Park436 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street776 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,996,000.00
Periodic payment — Principal & Interest (monthly)$12,877.51
Additional monthly expenses (strata, tax, utilities, etc.)$1,564.45
Total monthly cost$14,441.96
Interest paid over 5-yr term$572,059.34
Balance at end of term$1,795,408.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,348.54

Cash Needed at Closing

Minimum down payment$499,000
Estimated BC PTT$52,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$553,350

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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