Property Type: Condo / ApartmentOwnership: Strata

1191 Sunset Drive Unit# 3501

Kelowna, BC V1Y0J4

$2,799,000

2 bed3.5 bath2 parking2,661 sqftBuilt 2021
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Amenities

Also listed: Storage - Locker, Recreation Centre, Whirlpool

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,699/mo
Annual property tax
$11,993.36

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Flooring
Tile, Hardwood

Exterior & Lot

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

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Parkade

Room Dimensions

RoomLevelDimensions
OtherMain level39'2'' x 59'8''
OtherMain level17'7'' x 12'4''
OtherMain level16'1'' x 10'
Partial bathroomMain level5'5'' x 6'8''
3pc BathroomMain level9'7'' x 6'2''
BedroomMain level13'0'' x 13'3''
4pc Ensuite bathMain level9'6'' x 14'2''
OtherMain level13' x 13'10''
Primary BedroomMain level10'5'' x 25'8''
Laundry roomMain level8'5'' x 5'1''
DenMain level24'9'' x 12'
Dining roomMain level9'3'' x 17'4''
PantryMain level48' x 15'5''
KitchenMain level12'4'' x 17'4''
Living roomMain level23' x 24'10''

Listing Information

MLS®
10393150
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

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

Description

Discover the pinnacle of luxury living in an exquisite sub-penthouse in the heart of Kelowna’s vibrant waterfront district. This stunning residence within the prestigious ONE Water Street development offers unparalleled panoramic views of Okanagan Lake, the city, and the surrounding mountains. Spanning an impressive 2,661 square feet, this 2 bedroom plus den, 3 bathroom property is a testament to sophisticated design and modern luxury. The open-concept living space is adorned with upscale finishes, featuring a contrasting light and dark colour palette. The gourmet kitchen is equipped with top-of-the-line appliances, including a Sub-Zero refrigerator and dual-zoned wine cooler, Dacor cooktop, and wall ovens. The 1000+ sq. ft. terrace invites you to bask in the natural beauty of the Okanagan, with the sun glimmering on the lake, providing a serene backdrop for entertaining or private enjoyment. The SMART home package allows seamless control over audio, blinds and lighting. Residents of ONE Water Street are granted exclusive access to The Bench, an unparalleled amenity space that includes two pools, a hot tub, an outdoor lounge with fire pits, a well-equipped gym with a yoga/pilates studio, a lounge area, a business center, a pickleball court, a pet-friendly park, and guest suites for visiting friends and family. Over $100,000 in upgrades installed. Every detail has been carefully curated to offer an exceptional living experience in one of Kelowna’s most coveted communities. (id:63159)

Values & Trends

This listing

$1,052/sqft

Building average

$800/sqft

10 active listing(s)

Kelowna North average

$695/sqft

157 active listing(s)

Parking: 2 stall(s) includedStorage locker: Included

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)Elementary280 m
Central SecondarySecondary1.5 km
Central School ProgramsK-121.5 km
Bankhead ElementaryElementary1.6 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 Street94 m
  • Bouchons Bistro · Sunset Drive127 m
  • Waterfront Wines Restaurant · 1180 Sunset Drive152 m
  • Nagano Sushi241 m
  • Pizza Studio · 1360 Ellis Street444 m

Cafes (5+)

  • Analog Coffee57 m
  • J’s Cafe & Bistro218 m
  • Chaibaba · 1289 Ellis Street222 m
  • Eurobean Coffee365 m
  • Bike Shop Cafe and Catering · 1357 Ellis Street471 m

Grocery (1)

  • GetintheLoop Grocery · 1353 Ellis Street453 m

Parks (5+)

  • Pioneer Garden264 m
  • Waterfront Park322 m
  • Sunset Drive Park346 m
  • Recreation Avenue Park355 m
  • Rotary Marsh Park492 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street442 m

Gyms (1)

  • Life Aesthetics Online Coaching · 1435 Water Street670 m

Pharmacies (1)

  • Pharmasave · 505 Doyle Avenue604 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

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($559,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,239,200.00
Periodic payment — Principal & Interest (monthly)$14,446.56
Additional monthly expenses (strata, tax, utilities, etc.)$2,831.30
Total monthly cost$17,277.86
Interest paid over 5-yr term$641,761.16
Balance at end of term$2,014,167.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$559,800
Stress test qualifying rate8.09%
Payment you must qualify for$17,218.66

Cash Needed at Closing

Minimum down payment$559,800
Estimated BC PTT$61,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$623,270

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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