Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

1191 Sunset Drive Unit# 2505

Kelowna, BC V1Y0J6

$895,000

2 bed2 bath1 parking982 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
$635/mo
Annual property tax
$3,926.6

Interior

Heating
See remarks, Other
Cooling / A/C
Central air conditioning, See Remarks
Fireplace
None
Flooring
Tile, Hardwood

Exterior & Lot

View
City view, Lake view, Mountain view, View (panoramic)
Waterfront
Other
Pool
Pool, Outdoor pool

Parking

Total spaces
1 — covered indicated
Features
Underground, Heated Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level11'8'' x 20'6''
Living roomMain level9'1'' x 20'10''
KitchenMain level11'9'' x 15'7''
Dining roomMain level9'7'' x 8'8''
BedroomMain level11'5'' x 9'3''
4pc BathroomMain level8'1'' x 6'2''
3pc Ensuite bathMain level4'10'' x 8'10''

Listing Information

MLS®
10398707
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna Paquette Realty · Data source: CREA DDF.

Description

Immaculate 2-bedroom, 2-bathroom corner residence on the 25th floor of One Water Street, showcasing spectacular views of Okanagan Lake, downtown Kelowna, and the surrounding mountains. Fully furnished and turnkey ready, this home offers an effortless opportunity to move in and immediately enjoy the downtown Kelowna lifestyle. Floor-to-ceiling windows fill the home with natural light, while the thoughtfully designed split-bedroom layout offers privacy and a bright, open feel. Step onto the expansive concrete balcony with your morning coffee and take in the scenery from above. One Water Street offers an exceptional resort-inspired lifestyle with outdoor pools and lounge areas, BBQs and fire pits, a fully equipped fitness centre, yoga studio, entertainment lounge with kitchen, business centre, pickleball court, and guest suites for visiting friends and family. Best of all, you’re right in the heart of downtown Kelowna, just steps from beaches, parks, restaurants, shopping, entertainment, and everything the city has to offer. An incredible opportunity to experience the best of downtown Kelowna living. Book your private showing today! (id:63159)

Values & Trends

This listing

$911/sqft

Building average

$863/sqft

1 active listing(s)

Kelowna North average

$696/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

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)Elementary281 m
Central SecondarySecondary1.5 km
Central School ProgramsK-121.5 km
Bankhead ElementaryElementary1.7 km
St Joseph Elementary School(Independent)Elementary1.7 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+)

  • Central Kitchen · 1155 Ellis Street105 m
  • Bouchons Bistro · Sunset Drive120 m
  • Waterfront Wines Restaurant · 1180 Sunset Drive145 m
  • Nagano Sushi236 m
  • Pizza Studio · 1360 Ellis Street438 m

Cafes (5+)

  • Analog Coffee55 m
  • J’s Cafe & Bistro214 m
  • Chaibaba · 1289 Ellis Street220 m
  • Eurobean Coffee355 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street467 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street449 m

Parks (5+)

  • Pioneer Garden253 m
  • Waterfront Park310 m
  • Sunset Drive Park346 m
  • Recreation Avenue Park366 m
  • Rotary Marsh Park486 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street438 m

Gyms (1)

  • Life Aesthetics Online Coaching · 1435 Water Street662 m

Pharmacies (1)

  • Pharmasave · 505 Doyle Avenue599 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (strata, tax, utilities, etc.)$1,011.56
Total monthly cost$5,630.95
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,386.25

Cash Needed at Closing

Minimum down payment$64,500
Estimated BC PTT$15,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,900

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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