No photos available
Investment signal

$459,900

1181 Sunset Drive Unit# 1907

Beds

1

Baths

1

Sqft

Year

2022

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Experience elevated downtown living in this stunning 1 bed, 1 bath residence at One Water Street in the heart of Kelowna. Thoughtfully designed with a modern, open-concept layout, this home features stylish finishes, quartz countertops, and a sleek kitchen with stainless steel appliances. Take in lake views from your private patio—perfect for relaxing or entertaining while enjoying Kelowna’s vibrant energy. The spacious bedroom offers plenty of comfort, complemented by a well-appointed bathroom and convenient in-suite laundry. Just steps to the lake, beaches, dining, shopping, and nightlife, this unbeatable location makes it ideal for those seeking a walkable lifestyle. 1 secured underground parking space & storage locker are included. Great amenities including two outdoor pools, hot tub, fully equipped fitness center with yoga and Pilates studio, outdoor lounge with fire pits and BBQs, business center & pickleball court. Whether you're looking for a full-time residence, vacation getaway, or a strong investment property, this unit checks all the boxes. Live where lifestyle meets convenience at One Water Street. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Kelowna North
Common interest
Condo/Strata
Living area
541 square feet
Parking
1 total
Condo/HOA fee
$323.29 monthly
Stories
1
On market
Apr 14, 2026
Status changed
Apr 14, 2026
Annual tax
$2,164
Photos
29
MLS#
10382789
Area
KELOWNA

Features and systems

Parking

UndergroundParkade

Heating

Heat PumpForced air

Cooling

Central air conditioning

Community

Pets Allowed

View

Mountain view

Pool

PoolAbove ground poolOutdoor pool

Security

Controlled entrySmoke Detector Only
Negative cash flow ~$938/mo at these assumptions

Cash on cash

-12.24%

Cap rate

3.44%

GRM

16.7

Break-even rent

$3,287

Financing

Down payment$91,980
Loan amount$367,920
Mortgage$2,257/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$211
Insurance$80
Maintenance$383
CapEx reserve$192
Vacancy loss$115

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $2,257/mo at 5.49% with 20% down, 25-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 14, 2026.

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