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Investment signal

$399,900

1089 Sunset Drive Unit# 218

Save this home

Beds

1

Baths

1

Sqft

Year

2008

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Excellent Downtown Core Location with Resort Style Living at Waterscapes Osprey One. Close walking distance to a vibrant array of shops, restaurants, markets, beach, and Prospera Place. This 1 bedroom plus den unit offers a bright open-concept layout. The kitchen is equipped with full appliances and granite counter top. Large master suite with walk in closet. In unit washer/dryer. Resort-style amenities including an outdoor pool, 2 hot tubes, a fitness centre, BBQ area, pool tables, convenient suites for visitors, and a bookable lounge area for private events. 1 secured underground parking and a storage locker included. Perfect for full-time residence or investment property. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Kelowna North
Common interest
Condo/Strata
Living area
698 square feet
Parking
1 total
Condo/HOA fee
$409.07 monthly
Stories
1
Fireplace
1
On market
Sep 18, 2025
Status changed
Apr 27, 2026
Annual tax
$1,939
Photos
21
MLS#
10363297
Area
KELOWNA

Features and systems

Parking

Parkade

Appliances

RefrigeratorRange - ElectricDishwasherWasher & Dryer

Heating

Baseboard heatersElectric

Cooling

Wall unit

Exterior

Wood sidingOther

Lot

Balcony

Pool

Inground poolOutdoor pool
Negative cash flow ~$484/mo at these assumptions

Cash on cash

-7.26%

Cap rate

3.41%

GRM

16.7

Break-even rent

$2,510

Financing

Down payment$79,980
Loan amount$319,920
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$100

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,621/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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