Property Type: Condo / ApartmentOwnership: Strata

1626 Water Street Unit# 2802

Kelowna, BC V1Y0N7

$899,999

2 bed2 bath0 parking870 sqftBuilt 2025
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Amenities

Also listed: Recreation Centre, Party Room, Whirlpool, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$374/mo
Annual property tax
$0

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Vinyl

Exterior & Lot

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

Parking

Total spaces
0 — covered indicated
Features
Parkade, Stall, Heated Garage

Restrictions & Policies

Pets
Allowed, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
Full bathroomMain level8'
BedroomMain level10' x 10'
Dining roomMain level9' x 8'
Full ensuite bathroomMain level5' x 8'
Primary BedroomMain level8'10'' x 11'6''
Living roomMain level12'0'' x 10'5''
KitchenMain level9'2'' x 7'6''

Listing Information

MLS®
10390305
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: Sutton Centre Realty · Data source: CREA DDF.

Description

Welcome to #2802 at Water Street by The Park. Located in The Eli, T2, this two-bedroom residence is elevated Okanagan living just steps from the lake, yacht club, and City Park. A spacious and contemporary 870 sq ft interior is complemented by a 348 sq ft wrap-around balcony offering stunning lake and park views from the 28th floor. Discover superior-quality finishes for timeless elegance, including integrated, stainless steel Fulgor Milano appliances, marbled porcelain tile, premium vinyl plank flooring, and thoughtfully curated details throughout. Impress your guests—or indulge in it all yourself—with access to 42,000 sq ft of resort-style community amenities for all year enjoyment. Over 23 thoughtfully designed spaces created for daily use, including a fitness centre overlooking the lake, yoga studio to find your flow and rejuvenating sauna & steam rooms for an “at home” spa experience. Perfect your swing on the golf simulator or sharpen your short game on the professionally designed putting greens. From booking a private screening in the theatre to enjoying a game of pool, indulging in a wine tasting, or keeping the kids entertained in the vibrant playroom—every experience is just an elevator ride away. An exceptional opportunity for anyone seeking the finest in luxury condominium living in Kelowna’s signature address. Room measurements are approx. Images are for illustration only. (id:63159)

Values & Trends

This listing

$1,034/sqft

Building average

$1,001/sqft

5 active listing(s)

Kelowna North average

$696/sqft

157 active listing(s)

Parking: Not indicatedStorage 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

63

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

SchoolTypeDistance
Central SecondarySecondary833 m
Central School ProgramsK-12833 m
The Balsam School(Independent)Elementary850 m
St Joseph Elementary School(Independent)Elementary1.1 km
A S Matheson ElementaryElementary1.7 km
Bankhead ElementaryElementary2.0 km
Raymer ElementaryElementary2.3 km
Kelowna SecondarySecondary2.7 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 & Grill111 m
  • Raudz119 m
  • Micro Bar133 m
  • Memphis Blues · 289 Bernard Avenue138 m
  • Fernando's Taqueria · 279 Bernard Avenue139 m

Cafes (5+)

  • O-Lake Cafe & Bistro119 m
  • Blenz Coffee · 297 Bernard Avenue138 m
  • Pulp Fiction Coffee House · 1598 Pandosy Street141 m
  • Tim Hortons · 261 Bernard Avenue152 m
  • AMORE MIO Italian artisanal gelato · 270 Bernard Avenue178 m

Grocery (2)

  • Safeway · 697 Bernard Avenue553 m
  • GetintheLoop Grocery · 1353 Ellis Street631 m

Parks (5+)

  • Kerry Park234 m
  • City Park395 m
  • Stuart Park428 m
  • Rowcliffe Park · 1850 Richter Street625 m
  • Lake Avenue Beach Access626 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street644 m

Gyms (4)

  • BarreRoom · 410 Bernard Avenue240 m
  • SPIN co · 410 Bernard Avenue241 m
  • Life Aesthetics Online Coaching · 1435 Water Street364 m
  • Move & Flow · 589 Lawrence Avenue478 m

Pharmacies (3)

  • Pharmasave321 m
  • Pharmasave · 505 Doyle Avenue492 m
  • Shoppers Drug Mart · 597 Bernard Avenue504 m

Banks & ATMs (5+)

  • Unnamed181 m
  • BMO · 327 Bernard Avenue182 m
  • Unnamed183 m
  • CIBC · 328 Bernard Avenue189 m
  • Unnamed218 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($65,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,999.00
Periodic payment — Principal & Interest (monthly)$4,645.19
Additional monthly expenses (strata, tax, utilities, etc.)$417.69
Total monthly cost$5,062.88
Interest paid over 5-yr term$206,353.78
Balance at end of term$647,641.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$65,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.85

Cash Needed at Closing

Minimum down payment$65,000
Estimated BC PTT$16,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,500

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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