Property Type: Condo / ApartmentOwnership: Strata

238 Leon Avenue Unit# 1401

Kelowna, BC V1Y0N6

$533,000

1 bed1 bath1 parking542 sqftBuilt 2025
Get Directions

Amenities

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

Property Details

Property & Lot

Sub-type
Apartment
Stories
3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$291/mo
Annual property tax
$0

Maintenance Fee Includes

Heat

Also included: Insurance, Other, See Remarks, Recreation Facilities

Interior

Heating
In Floor Heating, Geothermal
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
None
Flooring
Tile, Vinyl, Wood

Exterior & Lot

Exterior features
Concrete, Metal
View
City view, Lake view, Mountain view, View (panoramic)
Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Parkade, Rear

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

RoomLevelDimensions
KitchenMain level12'6'' x 15'3''
Primary BedroomMain level9'9'' x 9'7''
3pc BathroomMain level8'2'' x 4'11''
Living roomMain level9'9'' x 11'3''

Listing Information

MLS®
10395122
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Data source: CREA DDF.

Description

Rarely available and highly sought-after, this 1-bedroom residence in prestigious Tower 1 at Water Street by the Park boasts panoramic lake, marina, mountain, and city views. At 542 sq. ft. (developer measurement), this north-facing floor plan is larger than comparable 1-bedroom layouts in Tower 2. Floor-to-ceiling windows flood the open-concept living space with natural light, while the designer kitchen features quartz countertops, premium appliances, and sleek cabinetry. A spa-inspired bathroom and private balcony complete this exceptional home. Enjoy resort-style living with access to The Deck—featuring a heated outdoor pool, hot tubs, sauna, steam room, lakeview fitness centre, theatre, wine room, party room, games room, business centre, dog run, and more. Includes secure underground parking and smart building access. Act fast—this opportunity won't last. If it isn't sold, the seller plans to rent it out in September. (id:63159)

Values & Trends

This listing

$983/sqft

Building average

$954/sqft

4 active listing(s)

Kelowna North average

$696/sqft

157 active listing(s)

Parking: 1 stall(s) includedStorage 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

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

SchoolTypeDistance
Central SecondarySecondary884 m
Central School ProgramsK-12884 m
The Balsam School(Independent)Elementary909 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 & Grill99 m
  • Pilgrim & Pearl124 m
  • West Coast Grill & Oyster Bar126 m
  • Thai Terrace Restaurant · 210 Lawrence Avenue135 m
  • Fresh Healthy Cafe · 269 Bernard Avenue170 m

Cafes (5+)

  • Tim Hortons · 261 Bernard Avenue165 m
  • Blenz Coffee · 297 Bernard Avenue189 m
  • O-Lake Cafe & Bistro198 m
  • AMORE MIO Italian artisanal gelato · 270 Bernard Avenue205 m
  • Pulp Fiction Coffee House · 1598 Pandosy Street219 m

Grocery (2)

  • Safeway · 697 Bernard Avenue630 m
  • GetintheLoop Grocery · 1353 Ellis Street692 m

Parks (5+)

  • Kerry Park234 m
  • City Park316 m
  • Stuart Park461 m
  • Lake Avenue Beach Access558 m
  • McTavish Avenue Beach Access594 m

Shopping (1)

  • The Core on Ellis · 1353 Ellis Street705 m

Gyms (4)

  • BarreRoom · 410 Bernard Avenue313 m
  • SPIN co · 410 Bernard Avenue315 m
  • Life Aesthetics Online Coaching · 1435 Water Street416 m
  • Move & Flow · 589 Lawrence Avenue553 m

Pharmacies (3)

  • Pharmasave370 m
  • Pharmasave · 505 Doyle Avenue559 m
  • Shoppers Drug Mart · 597 Bernard Avenue582 m

Banks & ATMs (5+)

  • BMO · 327 Bernard Avenue224 m
  • Unnamed228 m
  • Unnamed237 m
  • CIBC · 328 Bernard Avenue246 m
  • Unnamed288 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($28,300) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$426,400.00
Periodic payment — Principal & Interest (monthly)$2,750.99
Additional monthly expenses (strata, tax, utilities, etc.)$317.68
Total monthly cost$3,068.67
Interest paid over 5-yr term$122,207.47
Balance at end of term$383,548.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,300
Stress test qualifying rate8.09%
Payment you must qualify for$3,880.97

Cash Needed at Closing

Minimum down payment$28,300
Estimated BC PTT$8,660
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,460

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.

Request more information