Property Type: Condo / ApartmentOwnership: Strata

1089 Sunset Drive Unit# 318

Kelowna, BC V1Y9Z3

$459,900

2 bed2 bath1 parking850 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$496/mo
Annual property tax
$2,160.55

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Carpeted

Exterior & Lot

Exterior features
Other
Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Parkade

Restrictions & Policies

Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Dining roomBasement7'5'' x 10'10''
3pc BathroomBasement4'0'' x 7'0''
4pc Ensuite bathBasement5'0'' x 9'0''
BedroomBasement11'0'' x 14'0''
Primary BedroomBasement10'3'' x 14'8''
Living roomBasement11'9'' x 12'0''
KitchenBasement8'0'' x 9'0''

Listing Information

MLS®
10394907
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Realty One Real Estate Ltd · Data source: CREA DDF.

Description

Bright and beautiful! This 2 bedroom, 2 bathroom, furnished condo is generating impressive cash flows. Modern and spacious, large deck facing southerly. Access to amazing resort amenities (pool, hot tub, barbecue, gym, Cascades Lounge, pool tables, large screen TVs, guest suite). Large master suite walk in closet. Includes washer/dryer, dish washer, stove/oven, microwave, electric fireplace. Steps from the beach, Prospera Place, marina/yacht club, Cactus Club, downtown, casino, restaurants, skating rink, badminton club, police station. Includes one dedicated u/g parking space, one storage locker. The Waterscapes complex is extremely desirable for living or an investment. TENANTED WITH GREAT RENTAL REVENUE. (id:63159)

Values & Trends

This listing

$541/sqft

Building average

$557/sqft

1 active listing(s)

Kelowna North average

$699/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)Elementary591 m
Central SecondarySecondary1.8 km
Central School ProgramsK-121.8 km
Bankhead ElementaryElementary1.9 km
St Joseph Elementary School(Independent)Elementary2.1 km
A S Matheson ElementaryElementary2.6 km
Glenmore ElementaryElementary2.9 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 Drive216 m
  • Bouchons Bistro · Sunset Drive234 m
  • Central Kitchen · 1155 Ellis Street302 m
  • Nagano Sushi541 m
  • Yama Kitchen599 m

Cafes (5+)

  • Analog Coffee257 m
  • J’s Cafe & Bistro520 m
  • Chaibaba · 1289 Ellis Street530 m
  • Eurobean Coffee580 m
  • CeCe's Coffee699 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street753 m

Parks (5+)

  • Sunset Drive Park36 m
  • Rotary Marsh Park286 m
  • Recreation Avenue Park382 m
  • Pioneer Garden394 m
  • Jack Brow Park · 920 Guy Street401 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street744 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,920.00
Periodic payment — Principal & Interest (monthly)$2,373.69
Additional monthly expenses (strata, tax, utilities, etc.)$718.58
Total monthly cost$3,092.27
Interest paid over 5-yr term$105,446.93
Balance at end of term$330,945.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,359.65

Cash Needed at Closing

Minimum down payment$22,995
Estimated BC PTT$7,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,693

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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