Property Type: Condo / ApartmentOwnership: Strata

1088 Sunset Drive Unit# 246

Kelowna, BC V1Y9W1

$654,900

2 bed2 bath1 parking966 sqftBuilt 2002
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$595/mo
Annual property tax
$2,298

Interior

Heating
Forced air, See remarks, Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Laminate, Carpeted, Ceramic Tile

Exterior & Lot

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

Building

Roof
Tile, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
Laundry roomMain level5'4'' x 6'3''
Full bathroomMain level5'5'' x 8'6''
3pc Ensuite bathMain level5'2'' x 11'8''
BedroomMain level8'7'' x 12'10''
Primary BedroomMain level111'11'' x 13'5''
KitchenMain level10'0'' x 13'1''
Dining roomMain level7'8'' x 10'1''
Living roomMain level11'6'' x 14'8''

Listing Information

MLS®
10397556
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Welcome to Discovery Bay in the heart of Kelowna! This unbeatable location is just steps away from the beach and lake, providing you with endless opportunities to soak up the sun, take a swim or indulge in a variety of water sports. The Primary Bedroom features a vaulted ceiling that adds to the spacious and open feel of the condo. The kitchen is perfect for entertaining and opens to the living room, which boasts a patio and a cozy gas fireplace, making it the perfect place to relax and unwind. Discovery bay includes a variety of amenities that will make you feel like you're on vacation every day. Stay in shape with the gym, take a dip in the pool or unwind in the hot tub. The clubhouse is perfect for gatherings/games with family and friends. Whether you're looking for a place to call home or an investment opportunity, this condo is the perfect choice for you. Short-term rentals are allowed, providing a great way to generate income and make the most out of your investment. This unit comes with an underground parking spot thatis in close proximity to the unit, making it convenient and hassle-free to come and go as you please. Don't miss out on this incredible opportunity to own a piece of Kelowna paradise. (id:63159)

Values & Trends

This listing

$678/sqft

Building average

$680/sqft

6 active listing(s)

Kelowna North average

$698/sqft

157 active listing(s)

Parking: 1 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)Elementary554 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 ElementaryElementary3.4 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 Drive142 m
  • Bouchons Bistro · Sunset Drive168 m
  • Central Kitchen · 1155 Ellis Street319 m
  • Nagano Sushi479 m
  • King Taps · 1352 Water Street560 m

Cafes (5+)

  • Analog Coffee230 m
  • J’s Cafe & Bistro460 m
  • Eurobean Coffee470 m
  • Chaibaba · 1289 Ellis Street480 m
  • The Galley Lakeside Cafe647 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street683 m

Parks (5+)

  • Sunset Drive Park145 m
  • Rotary Marsh Park211 m
  • Pioneer Garden275 m
  • Waterfront Park322 m
  • Jack Brow Park · 920 Guy Street432 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street675 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$523,920.00
Periodic payment — Principal & Interest (monthly)$3,380.15
Additional monthly expenses (strata, tax, utilities, etc.)$834.16
Total monthly cost$4,214.31
Interest paid over 5-yr term$150,156.98
Balance at end of term$471,267.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,724.60

Cash Needed at Closing

Minimum down payment$40,490
Estimated BC PTT$11,098
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,088

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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