Property Type: Condo / ApartmentOwnership: Strata

1191 Sunset Drive Unit# 1506

Kelowna, BC V1Y0J4

$1,175,000

3 bed3.5 bath2 parking1,394 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$989/mo
Annual property tax
$4,627.97

Maintenance Fee Includes

WaterGarbageManagementHeat

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

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

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

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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
BedroomMain level9'6'' x 8'6''
4pc BathroomMain level11'8'' x 5'5''
BedroomMain level8'1'' x 14'10''
4pc Ensuite bathMain level4'11'' x 11'8''
Primary BedroomMain level17'7'' x 12'1''
2pc BathroomMain level7'10'' x 2'10''
KitchenMain level9'11'' x 14'9''
Dining roomMain level12'9'' x 6'9''
Living roomMain level20'8'' x 14'5''

Listing Information

MLS®
10394999
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

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

Description

Experience luxury living at ONE Water Street. Perched on the 15th floor in the EAST TOWER, this upgraded residence offers lake views, a spacious covered balcony, over $55,000 in premium upgrades, and two full, secure underground parking stalls (not tandem). Designed with comfort and functionality in mind, the spacious primary suite easily accommodates a king-sized bed, while the two additional bedrooms, each with queen beds, share a convenient Jack-and-Jill bathroom. A large mudroom with custom built-in cabinetry adds convenience, and the home features the sought-after premium developer upgrade package, complemented by custom millwork and quality finishes throughout. Lightly enjoyed by its original owners as an occasional second home, this residence has seen minimal use and presents in near-new condition. The covered balcony offers shelter from the wind and sun. As an added bonus, the home may also be purchased fully furnished, creating a rare turnkey opportunity. Ask for details and furnished pricing. Residents of ONE Water Street enjoy resort-style amenities, including outdoor pools, a hot tub, fitness centre, yoga studio, pickleball court, guest suites, a business centre, and landscaped outdoor gathering spaces. Located just steps from Okanagan Lake, the waterfront promenade, restaurants, shopping, breweries, entertainment, and Kelowna's vibrant downtown. Strata $989.46/month. Click 3D Tour link for more details. (id:63159)

Values & Trends

This listing

$843/sqft

Building average

$821/sqft

10 active listing(s)

Kelowna North average

$697/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

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

52

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)Elementary288 m
Central SecondarySecondary1.5 km
Central School ProgramsK-121.5 km
Bankhead ElementaryElementary1.7 km
St Joseph Elementary School(Independent)Elementary1.8 km
A S Matheson ElementaryElementary2.3 km
Glenmore ElementaryElementary2.8 km
Raymer ElementaryElementary3.2 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+)

  • Bouchons Bistro · Sunset Drive105 m
  • Central Kitchen · 1155 Ellis Street122 m
  • Waterfront Wines Restaurant · 1180 Sunset Drive130 m
  • Nagano Sushi236 m
  • Pizza Studio · 1360 Ellis Street436 m

Cafes (5+)

  • Analog Coffee51 m
  • J’s Cafe & Bistro214 m
  • Chaibaba · 1289 Ellis Street223 m
  • Eurobean Coffee342 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street466 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street449 m

Parks (5+)

  • Pioneer Garden235 m
  • Waterfront Park293 m
  • Sunset Drive Park341 m
  • Recreation Avenue Park381 m
  • Rotary Marsh Park472 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street439 m

Gyms (1)

  • Life Aesthetics Online Coaching · 1435 Water Street656 m

Pharmacies (1)

  • Pharmasave · 505 Doyle Avenue598 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Other Listings in This Building

Other units currently listed in the same building. 1191 Sunset Drive

View building profile →
Built 2021

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$1,445.12
Total monthly cost$7,509.69
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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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