1626 Water Street Unit# 1206
Kelowna, BC V1Y1J9
$429,000
Amenities
Also listed: Recreation Centre, Party Room, Sauna, Whirlpool, Clubhouse
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $268/mo
- Annual property tax
- $2,379.78
Maintenance Fee Includes
Also included: Ground Maintenance, Insurance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions
Interior
- Heating
- Heat Pump, Forced air
- Cooling / A/C
- Heat Pump
- Fireplace
- None
- Flooring
- Tile, Laminate
Exterior & Lot
- Exterior features
- Concrete, Metal, Other
- View
- City view, Lake view, View of water, Unknown
- Pool
- Outdoor pool
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground, Parkade, Additional Parking
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- Allowed
- Age / occupancy
- Adult-oriented (no young children)
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 4'11'' x 7'10'' |
| Laundry room | Main level | 6'3'' x 7'10'' |
| Primary Bedroom | Main level | 8'4'' x 8'11'' |
| Living room | Main level | 8'8'' x 11'7'' |
| Kitchen | Main level | 8'7'' x 11'8'' |
| Foyer | Main level | 3'7'' x 4'7'' |
Listing Information
- MLS®
- 10391037
- Listed
- June 10, 2026
- Time on market
- On the market for 82 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Encore · Data source: CREA DDF.
Description
One of the best values for a 1 bedroom in the Waterstreet- GST paid 12th-floor 1-bedroom in Water Street T2 offers stunning south-facing views of Okanagan Lake with abundant natural light. Featuring premium finishes such as integrated Fulgor Milano appliances, marbled porcelain tile, and vinyl plank flooring, this home delivers modern style and comfort. Steps from vibrant Water Street and minutes to the Kelowna Yacht Club, enjoy exclusive access to The Deck’s 42,000 sq ft of amenities, including a heated outdoor pool, hot tub, fitness centre, sauna and steam rooms, golf simulator, lounges, yoga studio, theatre, and wine tasting rooms—Amazing. Luxury lakeview living in downtown Kelowna. A beautifully Curated New Furniture Package is included - ideal for future personal use or positive flow rental investment. Solid tenant currently in place marking this one the best turn key investments in the Waterstreet - Parking stall B-53. (id:63159)
Values & Trends
This listing
$835/sqft
Building average
$1,039/sqft
4 active listing(s)
Kelowna North average
$697/sqft
157 active listing(s)
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
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
59
8/9 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
| School | Type | Distance |
|---|---|---|
| Central Secondary | Secondary | 824 m |
| Central School Programs | K-12 | 824 m |
| The Balsam School(Independent) | Elementary | 875 m |
| St Joseph Elementary School(Independent) | Elementary | 1.0 km |
| A S Matheson Elementary | Elementary | 1.7 km |
| Bankhead Elementary | Elementary | 2.0 km |
| Raymer Elementary | Elementary | 2.2 km |
| Kelowna Secondary | Secondary | 2.7 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+)
- Social 242 Lounge & Grill126 m
- Raudz145 m
- Micro Bar159 m
- Memphis Blues · 289 Bernard Avenue163 m
- Fernando's Taqueria · 279 Bernard Avenue164 m
Cafes (5+)
- O-Lake Cafe & Bistro133 m
- Pulp Fiction Coffee House · 1598 Pandosy Street157 m
- Blenz Coffee · 297 Bernard Avenue164 m
- Tim Hortons · 261 Bernard Avenue173 m
- AMORE MIO Italian artisanal gelato · 270 Bernard Avenue202 m
Grocery (2)
- Safeway · 697 Bernard Avenue561 m
- GetintheLoop Grocery · 1353 Ellis Street655 m
Parks (5+)
- Kerry Park254 m
- City Park383 m
- Stuart Park454 m
- Lake Avenue Beach Access603 m
- Rowcliffe Park · 1850 Richter Street614 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street669 m
Gyms (4)
- BarreRoom · 410 Bernard Avenue261 m
- SPIN co · 410 Bernard Avenue263 m
- Life Aesthetics Online Coaching · 1435 Water Street390 m
- Move & Flow · 589 Lawrence Avenue484 m
Pharmacies (3)
- Pharmasave310 m
- Shoppers Drug Mart · 597 Bernard Avenue515 m
- Pharmasave · 505 Doyle Avenue516 m
Banks & ATMs (5+)
- Unnamed207 m
- BMO · 327 Bernard Avenue207 m
- Unnamed209 m
- CIBC · 328 Bernard Avenue215 m
- Unnamed242 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
Other Listings in This Building
Other units currently listed in the same building. 1626 Water Street
$1,456,999
1626 WATER Street Unit# 3207, Kelowna
$131/mo maintenance
$1,080,999
1626 Water Street Unit# 2809, Kelowna
$92/mo maintenance
$505,000
1626 Water Street Unit# 2705, Kelowna
$268/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.