Property Type: TownhouseOwnership: Strata

1088 Sunset Drive Unit# 221

Kelowna, BC V1Y9W1

$1,599,900

3 bed3.5 bath2 parking1,952 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$1,196/mo
Annual property tax
$4,266

Interior

Heating
Heat Pump, Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, Valley view, View (panoramic)
Waterfront
Waterfront on lake
Pool
Pool, Indoor pool, Outdoor pool

Building

Roof
Tile, Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Room Dimensions

RoomLevelDimensions
4pc BathroomSecond level5'0'' x 9'0''
DenSecond level1' x 1'
BedroomSecond level11'6'' x 16'6''
BedroomSecond level11'6'' x 13'0''
Laundry roomMain level5'0'' x 5'6''
2pc BathroomMain level6'0'' x 8'0''
3pc Ensuite bathMain level5'0'' x 8'0''
Primary BedroomMain level12'6'' x 18'0''
Living roomMain level12'6'' x 13'6''
Dining roomMain level24'0'' x 21'0''
KitchenMain level9'0'' x 12'0''

Listing Information

MLS®
10377647
Listed
March 3, 2026
Time on market
On the market for 181 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

LOCATION, LOCATION, LOCATION! Experience the best of waterfront living in this beautifully appointed corner townhome in downtown Kelowna. Boasting unobstructed views of Okanagan Lake, the beach, and the bird sanctuary, this charming two-story residence offers privacy and luxury in an unbeatable location. Featuring an open concept design with soaring vaulted ceilings, this home includes three spacious bedrooms, with the primary suite conveniently located on the main level. Upstairs, you'll find two additional bedrooms, a den, and an award-winning bathroom, along with access to the pool, gym, and entertainment area. The stunning kitchen is finished with granite countertops, and the living spaces are enhanced with designer drapery. Step outside to two private balconies that overlook the lagoon, boardwalk, and sandy beaches - perfect for soaking in Okanagan sunsets. Two secured side by side parking stalls just steps from the entrance. Pet-friendly, this luxury townhome is a rare investment opportunity in one of Kelowna’s most desirable waterfront locations. Enjoy the vibrant downtown lifestyle, just moments from the city’s best restaurants, breweries, and Knox Mountain. Don’t miss this chance to own a waterfront oasis in the heart of Kelowna! (id:63159)

Values & Trends

This listing

$820/sqft

Building average

$656/sqft

6 active listing(s)

Kelowna North average

$551/sqft

20 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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

15°C

Clear

Humidity 76%

Wind NNW 4 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

37

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)Elementary587 m
Central SecondarySecondary1.8 km
Central School ProgramsK-121.8 km
Bankhead ElementaryElementary1.9 km
St Joseph Elementary School(Independent)Elementary2.0 km
A S Matheson ElementaryElementary2.6 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 Drive177 m
  • Bouchons Bistro · Sunset Drive202 m
  • Central Kitchen · 1155 Ellis Street344 m
  • Nagano Sushi514 m
  • King Taps · 1352 Water Street592 m

Cafes (5+)

  • Analog Coffee260 m
  • J’s Cafe & Bistro495 m
  • Eurobean Coffee504 m
  • Chaibaba · 1289 Ellis Street514 m
  • The Galley Lakeside Cafe680 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street718 m

Parks (5+)

  • Sunset Drive Park123 m
  • Rotary Marsh Park189 m
  • Pioneer Garden308 m
  • Waterfront Park352 m
  • Jack Brow Park · 920 Guy Street397 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street711 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,920.00
Periodic payment — Principal & Interest (monthly)$8,257.61
Additional monthly expenses (strata, tax, utilities, etc.)$1,649.42
Total monthly cost$9,907.03
Interest paid over 5-yr term$366,828.75
Balance at end of term$1,151,292.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,980
Stress test qualifying rate8.09%
Payment you must qualify for$9,842.14

Cash Needed at Closing

Minimum down payment$319,980
Estimated BC PTT$29,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,478

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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