1626 Water Street Unit# 2705
Kelowna, BC V1Y1J9
$505,000
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
- $2,684.07
Interior
- Heating
- See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Unknown
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Parkade
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
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 8'6'' x 11' |
| Kitchen | Main level | 9'3'' x 15'4'' |
| Full bathroom | Main level | 8'1'' x 4'10'' |
| Primary Bedroom | Main level | 8'5'' x 9' |
Listing Information
- MLS®
- 10394571
- Listed
- July 14, 2026
- Time on market
- On the market for 48 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
Perched on the 27th floor of Waterstreet by the Park, this contemporary downtown Kelowna home pairs panoramic lake and mountain views with elevated urban living. Its 509 sqft layout is smartly designed to feel open, comfortable, and effortlessly stylish. The kitchen is a true standout with a gas range, wall oven, integrated fridge and freezer, built-in wine fridge, and a spacious island that works beautifully for casual meals or gathering with friends. The bright bedroom features a walk through closet connecting to a sleek ensuite with a soaker tub and shower combo. A private balcony extends the living space with uninterrupted lake and city views that set the tone for quiet mornings or sunset evenings. Residents have access to an impressive collection of resort style amenities spread across more than 4,200 sqft, including an outdoor pool, multiple hot tubs, fitness centre, yoga and spin studio, sauna, private theatre, putting green, golf simulator, art room, co working and social lounges, concierge, and 24 hour security. Pet friendly and positioned moments from beaches, shopping, and dining, this home delivers a polished downtown lifestyle in one of Kelowna’s newest addresses. (id:63159)
Values & Trends
This listing
$992/sqft
Building average
$999/sqft
4 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
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 | 822 m |
| Central School Programs | K-12 | 822 m |
| The Balsam School(Independent) | Elementary | 871 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 & Grill127 m
- Raudz142 m
- Micro Bar156 m
- Memphis Blues · 289 Bernard Avenue161 m
- Fernando's Taqueria · 279 Bernard Avenue162 m
Cafes (5+)
- O-Lake Cafe & Bistro129 m
- Pulp Fiction Coffee House · 1598 Pandosy Street153 m
- Blenz Coffee · 297 Bernard Avenue162 m
- Tim Hortons · 261 Bernard Avenue173 m
- Deville Coffee Bernard200 m
Grocery (2)
- Safeway · 697 Bernard Avenue557 m
- GetintheLoop Grocery · 1353 Ellis Street652 m
Parks (5+)
- Kerry Park254 m
- City Park388 m
- Stuart Park451 m
- Lake Avenue Beach Access608 m
- Rowcliffe Park · 1850 Richter Street612 m
Shopping (1)
- The Core on Ellis · 1353 Ellis Street665 m
Gyms (4)
- BarreRoom · 410 Bernard Avenue257 m
- SPIN co · 410 Bernard Avenue258 m
- Life Aesthetics Online Coaching · 1435 Water Street387 m
- Move & Flow · 589 Lawrence Avenue480 m
Pharmacies (3)
- Pharmasave308 m
- Shoppers Drug Mart · 597 Bernard Avenue511 m
- Pharmasave · 505 Doyle Avenue512 m
Banks & ATMs (5+)
- Unnamed204 m
- BMO · 327 Bernard Avenue205 m
- Unnamed206 m
- CIBC · 328 Bernard Avenue212 m
- Unnamed238 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
$429,000
1626 Water Street Unit# 1206, Kelowna
$268/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($25,500) — 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.