Property Type: TownhouseOwnership: StrataRECENTLY LISTED

1156 Sunset Drive Unit# 123

Kelowna, BC V1Y9R7

$1,890,000

3 bed3 bath3 parking1,953 sqftBuilt 1994
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Amenities

Also listed: Recreation Centre, Whirlpool

Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$1,180/mo
Annual property tax
$5,927.99

Interior

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

Exterior & Lot

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

Parking

Total spaces
3 — uncovered indicated
Features
Parkade, Stall

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
StorageMain level4'6'' x 8'4''
FoyerMain level7'7'' x 6'4''
Full bathroomMain level11'8'' x 4'6''
BedroomMain level13'5'' x 9'3''
Dining roomMain level9'2'' x 14'11''
Living roomMain level19'7'' x 13'11''
KitchenMain level14'5'' x 11'4''
Laundry roomSecond level4'5'' x 3'3''
Full ensuite bathroomSecond level11'7'' x 8'2''
Full ensuite bathroomSecond level8'10'' x 5'4''
Primary BedroomSecond level16'5'' x 13'11''
BedroomSecond level11'3'' x 10'11''

Listing Information

MLS®
10398368
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna - Stone Sisters · Data source: CREA DDF.

Description

Among Kelowna’s most coveted waterfront townhome offerings, this exceptional residence delivers an extraordinary combination of luxury, privacy & an effortless downtown lifestyle. One of only three townhomes within The Lagoons offering direct lakefront views with 3 parking spots and the ability to park your boat out front, this is a truly special opportunity in the heart of the city. Expansive Nano folding doors open the main living space to the waterfront, creating a seamless connection between indoors & out. The beautifully appointed kitchen features waterfall-edge granite countertops, Wolf & Sub-Zero appliances & custom lighting. Three bedrooms & three full bathrooms offer exceptional versatility, including an impressive primary retreat—generous in scale with a private lakeview balcony & gorgeous ensuite complete with a soaker tub, seamless glass walk-in shower, double vanity & chandelier. A second bedroom enjoys its own private balcony with lake views. Granite & marble bathroom finishes, a custom glass-panel entry door, modern lighting throughout & an alarm system further elevate the home. Two dedicated parking stalls are positioned directly outside, with an additional stall nearby, plus power at the parking stall & potential for EV charging with council approval. Residents enjoy indoor & outdoor pools, hot tub, steam room, fitness facilities & the security of a gated community. Steps from the waterfront boardwalk, beaches, restaurants & downtown amenities, this is the ultimate lock-&-leave Okanagan lifestyle—with annual boat slip opportunities available. (id:63159)

Values & Trends

This listing

$968/sqft

Building average

$650/sqft

1 active listing(s)

Kelowna North average

$543/sqft

20 active listing(s)

Parking: 3 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

44

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)Elementary474 m
Central SecondarySecondary1.6 km
Central School ProgramsK-121.6 km
St Joseph Elementary School(Independent)Elementary1.9 km
Bankhead ElementaryElementary1.9 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 Drive141 m
  • Bouchons Bistro · Sunset Drive154 m
  • Central Kitchen · 1155 Ellis Street344 m
  • Nagano Sushi374 m
  • King Taps · 1352 Water Street390 m

Cafes (5+)

  • Analog Coffee232 m
  • Eurobean Coffee307 m
  • J’s Cafe & Bistro361 m
  • Chaibaba · 1289 Ellis Street390 m
  • The Galley Lakeside Cafe479 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street556 m

Parks (5+)

  • Pioneer Garden109 m
  • Waterfront Park149 m
  • Rotary Marsh Park291 m
  • Sunset Drive Park316 m
  • Recreation Avenue Park570 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street551 m

Gyms (1)

  • Life Aesthetics Online Coaching · 1435 Water Street670 m

Pharmacies (1)

  • Pharmasave · 505 Doyle Avenue679 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($378,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,512,000.00
Periodic payment — Principal & Interest (monthly)$9,754.91
Additional monthly expenses (strata, tax, utilities, etc.)$1,772.12
Total monthly cost$11,527.03
Interest paid over 5-yr term$433,343.55
Balance at end of term$1,360,048.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$378,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,626.75

Cash Needed at Closing

Minimum down payment$378,000
Estimated BC PTT$35,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$415,300

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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