1626 WATER Street Unit# 1505
Kelowna, BC V1Y0N7
$499,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $0
Interior
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Pool
- Pool, Outdoor pool
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground, Parkade, Street
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 5'1'' x 8'2'' |
| Kitchen | Main level | 9'1'' x 11'7'' |
| Living room | Main level | 8'8'' x 11'7'' |
| Primary Bedroom | Main level | 9'0'' x 8'6'' |
Listing Information
- MLS®
- 10393423
- Listed
- July 14, 2026
- Time on market
- On the market for 48 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
This is the newest and tallest tower in Kelowna with a beautiful Southwestern exposure. Perfectly positioned for Okanangan lake life views, this clean and modern 1-bedroom 1-bathroom lake-view home delivers the pinnacle of Okanagan living, just steps from the sandy shores of City Park, tennis courts, beach volley ball, coffee shops, restaurants, the yacht club, and downtown Kelowna's vibrant core. Inside this unit elegance meets superior craftsmanship. The curated interiors boast premium stainless steel appliances, durable luxury vinyl plank flooring and a clean efficient design for the modern professional. Beyond your front door lies a lifestyle unmatched in the valley. Indulge in the 42,000 square feet of world-class, resort-style amenities spanning 23 different dedicated spaces. Maintain your wellness in the lake-front fitness centre and yoga studio, or unwind in the private sauna and steam rooms. Entertain effortlessly with exclusive access to a golf simulator, putting greens, a private movie theatre, billiards lounge, and wine-tasting room while the kids enjoy the vibrant playroom. This is more than a home; it is an exceptional opportunity to own or invest within Kelowna's most iconic signature address. With a excellent walks score of 95/100 You are steps aways from all that the Okanagan has to offer in this perfectly poised location that keeps you engaged in the pulse in one of the fastest growing cities in Canada. Come see what all the hype is all about. (id:63159)
Values & Trends
This listing
$973/sqft
Building average
$1,014/sqft
5 active listing(s)
Kelowna North average
$696/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
12°C
Clear
Humidity 88%
Wind ENE 5 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 | 830 m |
| Central School Programs | K-12 | 830 m |
| The Balsam School(Independent) | Elementary | 875 m |
| St Joseph Elementary School(Independent) | Elementary | 1.1 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 & Grill121 m
- Raudz144 m
- Micro Bar158 m
- Memphis Blues · 289 Bernard Avenue161 m
- Fernando's Taqueria · 279 Bernard Avenue162 m
Cafes (5+)
- O-Lake Cafe & Bistro137 m
- Pulp Fiction Coffee House · 1598 Pandosy Street161 m
- Blenz Coffee · 297 Bernard Avenue163 m
- Tim Hortons · 261 Bernard Avenue169 m
- AMORE MIO Italian artisanal gelato · 270 Bernard Avenue199 m
Grocery (2)
- Safeway · 697 Bernard Avenue566 m
- GetintheLoop Grocery · 1353 Ellis Street656 m
Parks (5+)
- Kerry Park250 m
- City Park379 m
- Stuart Park451 m
- Lake Avenue Beach Access601 m
- Rowcliffe Park · 1850 Richter Street619 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street669 m
Gyms (4)
- BarreRoom · 410 Bernard Avenue263 m
- SPIN co · 410 Bernard Avenue265 m
- Life Aesthetics Online Coaching · 1435 Water Street389 m
- Move & Flow · 589 Lawrence Avenue489 m
Pharmacies (3)
- Pharmasave316 m
- Pharmasave · 505 Doyle Avenue517 m
- Shoppers Drug Mart · 597 Bernard Avenue519 m
Banks & ATMs (5+)
- Unnamed205 m
- BMO · 327 Bernard Avenue205 m
- Unnamed208 m
- CIBC · 328 Bernard Avenue214 m
- Unnamed243 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,995) — 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.