Property Type: Condo / ApartmentOwnership: Strata

3700 Capozzi Road Unit# PH5

Kelowna, BC V1W0J5

$1,675,000

2 bed2 bath2 parking1,070 sqftBuilt 2026
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Amenities

Also listed: Recreation Centre, Sauna, Whirlpool, Other

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$622/mo
Annual property tax
$0

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Electricity, Insurance, Recreation Facilities, Reserve Fund Contributions, Sewer

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown

Exterior & Lot

Waterfront
Waterfront on lake
Pool
Outdoor pool

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
5pc Ensuite bathMain level7'10'' x 11'6''
Primary BedroomMain level11'4'' x 13'10''
Living roomMain level12'7'' x 17'7''
KitchenMain level20'1'' x 10'8''
BedroomMain level14'1'' x 10'6''
4pc BathroomMain level8'3'' x 4'11''

Listing Information

MLS®
10392241
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

Welcome to the crown jewel of Aqua—an extraordinary top-floor penthouse in AQUA Tower 2, the most coveted and architecturally impressive tower in the development. Rarely available and impossible to replicate, this residence delivers elevated living with uninterrupted 180° panoramic views over Lake Okanagan, the city skyline, and surrounding mountains. This 2-bedroom, 2-bathroom home is defined by luxury and effortless sophistication. Soaring light-filled interiors, high-end finishes, and fully integrated top-of-the-line appliances create a seamless blend of style and function. Every detail has been thoughtfully designed to complement the view, with floor-to-ceiling glass framing the Okanagan in every direction. Life at Aqua feels like a private resort. Residents enjoy access to two state-of-the-art golf simulators, a stunning outdoor pool and hot tubs overlooking the lake, yoga and meditation spaces, and a fully equipped fitness centre with separate cardio area—amenities designed to elevate both wellness and lifestyle. What truly sets Aqua apart is its rare and powerful investment flexibility. Owners have the ability to operate a major short-term rental without the requirement of it being their principal residence, offering exceptional income potential in one of Kelowna’s most desirable waterfront communities. This is more than a penthouse—it’s a statement. A front-row seat to the Okanagan. And a lifestyle reserved for the few who get there first. (id:63159)

Values & Trends

This listing

$1,565/sqft

Building average

$1,202/sqft

4 active listing(s)

Lower Mission average

$659/sqft

80 active listing(s)

Parking: 2 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

19

2/9 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
Casorso ElementaryElementary1.1 km
de l'Anse-au-sableK-121.1 km
KLO Middle SchoolMiddle1.9 km
Dorothea Walker ElementaryElementary2.1 km
Raymer ElementaryElementary2.3 km
Kelowna SecondarySecondary2.3 km
Immaculata Regional High School(Independent)Secondary2.5 km
Anne McClymont ElementaryElementary2.7 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

Cafes (2)

  • Black Rabbit Coffee House258 m
  • Bright Jenny Coffee549 m

Parks (5+)

  • Cook Road Boat Launch50 m
  • Waterfront Walkway - El Dorado Hotel/Manteo Resort237 m
  • Waterfront Walkway - Mission Shores260 m
  • Unnamed351 m
  • Bluebird Road North Beach Access411 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($335,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,340,000.00
Periodic payment — Principal & Interest (monthly)$8,645.23
Additional monthly expenses (strata, tax, utilities, etc.)$675.50
Total monthly cost$9,320.73
Interest paid over 5-yr term$384,047.85
Balance at end of term$1,205,334.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$335,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,304.13

Cash Needed at Closing

Minimum down payment$335,000
Estimated BC PTT$31,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$368,000

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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