Property Type: Condo / ApartmentOwnership: Strata

1152 Sunset Drive Unit# 1601

Kelowna, BC V1Y9R7

$1,699,000

3 bed4.5 bath2 parking2,962 sqftBuilt 1994
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Amenities

Also listed: Recreation Centre, Party Room, Sauna, Whirlpool

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$2,016/mo
Annual property tax
$8,690

Interior

Heating
Baseboard heaters, Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

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

Building

Roof
Tile, Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Parkade

Room Dimensions

RoomLevelDimensions
Utility roomMain level12'2'' x 4'6''
Primary BedroomMain level24'7'' x 14'1''
Laundry roomMain level9'8'' x 8'3''
KitchenMain level25'8'' x 14'8''
FoyerMain level8'4'' x 8'2''
Family roomMain level11'10'' x 12'5''
Living roomMain level24'9'' x 28'7''
Dining roomMain level10'6'' x 16'8''
Dining nookMain level12'4'' x 10'1''
BedroomMain level11'0'' x 9'10''
BedroomMain level12'3'' x 20'4''
OtherMain level10'6'' x 5'5''
5pc Ensuite bathMain level10'4'' x 8'7''
3pc Ensuite bathMain level4'11'' x 9'10''
3pc Ensuite bathMain level5'4'' x 9'10''
2pc BathroomMain level7'2'' x 4'3''

Listing Information

MLS®
10384825
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

A rare opportunity to enjoy the space of a luxury home with the convenience of a lock-and-leave waterfront lifestyle - plus private moorage available at your doorstep. This Sub-Penthouse at The Lagoons in downtown Kelowna offers nearly 3,000 sq. ft. of luxury single-level living on the shores of Okanagan Lake. Incredible value at under $610 per square foot! This expansive residence features 3 bedrooms with private ensuites and a 4th guest bathroom. Floor-to-ceiling windows flood the home with natural light while framing sweeping views of the bridge, city lights, mountains, and waterfront. Indoor-outdoor living is made easy with 4 private decks offering front-row seats to Kelowna sunsets. The kitchen features 2 islands with granite and quartz countertops and custom cabinetry. The recently constructed wet bar flows beautifully into the living space, creating an ideal setting for gatherings against the backdrop of the lakefront. Enjoy the lake view from anywhere with the reflective Phoenix Stretch ceilings. The primary suite enjoys bay windows, a sundeck, walk-in closet, and a 5-piece ensuite with soaker tub and tiled shower. Professionally designed, the home flows from sandy tones to lake blues the closer you get to the water. Amenities: indoor/outdoor pools, hot tub, steam room, fitness room, clubhouse, bike storage, and secure parking. Luxury waterfront living WITHOUT the maintenance of a detached home—experience the BEST of the Okanagan lifestyle at The Lagoons. (id:63159)

Values & Trends

This listing

$574/sqft

Building average

$635/sqft

1 active listing(s)

Kelowna North average

$698/sqft

157 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

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

48

7/9 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)Elementary435 m
Central SecondarySecondary1.6 km
Central School ProgramsK-121.6 km
Bankhead ElementaryElementary1.9 km
St Joseph Elementary School(Independent)Elementary1.9 km
A S Matheson ElementaryElementary2.5 km
Glenmore ElementaryElementary3.0 km
Raymer ElementaryElementary3.3 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 Drive76 m
  • Bouchons Bistro · Sunset Drive89 m
  • Central Kitchen · 1155 Ellis Street279 m
  • Nagano Sushi345 m
  • King Taps · 1352 Water Street416 m

Cafes (5+)

  • Analog Coffee167 m
  • Eurobean Coffee323 m
  • J’s Cafe & Bistro329 m
  • Chaibaba · 1289 Ellis Street354 m
  • The Galley Lakeside Cafe500 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street541 m

Parks (5+)

  • Pioneer Garden133 m
  • Waterfront Park188 m
  • Sunset Drive Park281 m
  • Rotary Marsh Park314 m
  • Recreation Avenue Park505 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street534 m

Gyms (1)

  • Life Aesthetics Online Coaching · 1435 Water Street682 m

Pharmacies (1)

  • Pharmasave · 505 Doyle Avenue673 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,200.00
Periodic payment — Principal & Interest (monthly)$8,769.10
Additional monthly expenses (strata, tax, utilities, etc.)$2,887.91
Total monthly cost$11,657.00
Interest paid over 5-yr term$389,550.63
Balance at end of term$1,222,604.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,451.77

Cash Needed at Closing

Minimum down payment$339,800
Estimated BC PTT$31,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,280

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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