Property Type: Condo / ApartmentOwnership: Strata

1088 Sunset Drive Unit# 247

Kelowna, BC V1Y9W1

$450,000

1 bed1 bath1 parking564 sqftBuilt 2002
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$344/mo
Annual property tax
$1,632

Maintenance Fee Includes

WaterGarbageManagement

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

Interior

Heating
Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Hardwood

Exterior & Lot

Exterior features
Stucco
Waterfront
Waterfront on lake
Pool
Pool, Indoor pool, Outdoor pool

Building

Roof
Tile, Unknown

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
Living roomMain level14'0'' x 11'2''
KitchenMain level10'0'' x 9'11''
Laundry roomMain level8' x 5'
3pc BathroomMain level
Primary BedroomMain level12'0'' x 9'9''

Listing Information

MLS®
10397709
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: 2 Percent Realty Interior Inc. · Data source: CREA DDF.

Description

SHORT TERM RENTAL FRIENDLY Welcome to Discovery Bay, a resort-style community in the heart of Kelowna, just steps from the waterfront. This bright top-floor 1-bedroom residence features vaulted ceilings, abundant natural light. Fully renovated and offered turn-key furnished, the home showcases timeless hardwood flooring, a cozy gas fireplace, built-in speakers, and custom storage cabinetry. The well-equipped kitchen includes high-quality appliances, dishes, glassware, and new pots and pans—perfect for everyday living or continued Airbnb use, pending approval. The bedroom offers a walk-in closet with built-in storage, while Hunter Douglas window coverings and antique shutters add style and function. A barn door leads to the updated bathroom with vanity and walk-in shower. Additional highlights include in-suite laundry, central heating and cooling, underground parking, elevator access, and a private deck. Enjoy outstanding amenities including indoor/outdoor pool, hot tub, fitness centre, and expansive communal sun deck with BBQs. Pets allowed with size restrictions. A fantastic downtown opportunity! (id:63159)

Values & Trends

This listing

$798/sqft

Building average

$660/sqft

6 active listing(s)

Kelowna North average

$697/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

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 SecondarySecondary1.8 km
Central School ProgramsK-121.8 km
Bankhead ElementaryElementary2.0 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 Drive227 m
  • Bouchons Bistro · Sunset Drive252 m
  • Central Kitchen · 1155 Ellis Street391 m
  • Nagano Sushi564 m
  • King Taps · 1352 Water Street629 m

Cafes (5+)

  • Analog Coffee311 m
  • Eurobean Coffee544 m
  • J’s Cafe & Bistro546 m
  • Chaibaba · 1289 Ellis Street565 m
  • The Galley Lakeside Cafe719 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street767 m

Parks (5+)

  • Sunset Drive Park124 m
  • Rotary Marsh Park150 m
  • Pioneer Garden347 m
  • Jack Brow Park · 920 Guy Street348 m
  • Waterfront Park387 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street760 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$360,000.00
Periodic payment — Principal & Interest (monthly)$2,322.60
Additional monthly expenses (strata, tax, utilities, etc.)$507.58
Total monthly cost$2,830.18
Interest paid over 5-yr term$103,177.03
Balance at end of term$323,821.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,287.33

Cash Needed at Closing

Minimum down payment$22,500
Estimated BC PTT$7,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,000

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.

Request more information