Set in the heart of downtown Kelowna and steps away from the shores of beautiful Okanagan Lake, ONE Water Street is a mixed-use community featuring two high-rise residential towers and ample retail space. West Tower condo and townhome sales start this month, and fifty per cent of the homes are affordably priced under $500,000. Conceived by Kerkhoff Construction Ltd. and North American Development Group, residents will have exclusive access to a 58,000-square-foot amenity space, inspired by outdoor living at Okanagan resorts.
Prospective homebuyers who missed their opportunity to purchase within ONE Water Street’s East Tower now have the chance to own a home in the development’s final phase. Soaring 29 storeys, the West Tower will offer 201 studio to two-bedroom plus den condos and townhomes, ranging in size from 551 square feet to 2,105 square feet. Many of the West Tower homes will feature grand balconies that are larger than those in the East Tower. To meet the demands of purchasers, the West Tower will also include a larger proportion of one-bedroom plus den homes.
Thoughtfully-designed from top to bottom, ONE Water Street’s contemporary architecture is inspired by some of the most sought-after multi-storey residences found in major cities. Designed by internationally-renowned Kasian Architecture, the two striking silhouettes will be constructed with a combination of concrete and glass. Both towers will be built to visually “rotate and stretch” as they rise, allowing 80 per cent of the homes to have unobstructed balcony views of the lake and Kelowna’s iconic William R. Bennett Bridge. The two towers will sit atop a three-storey podium structure that connects the two buildings, allowing the entire complex to be fully above ground. Unlike other developments in Kelowna, ONE Water Street will provide residents increased protection from any overland water that may occur during peak water levels at nearby Okanagan Lake.
The first three storeys at ONE Water Street will boast a parkade, surrounded by commercial space. The fourth level is an elevated 1.3 acre landscaped area called The Bench, which offers private indoor and outdoor amenity space for residents to access. Residents can enjoy the sunshine by taking a dip in the adult or family-oriented swimming pools or unwind in the generously-sized hot tub. Dog owners will have plenty space to play with their pooch at the dog park and residents can even compete in a fun game of pickleball at the exclusive court. Perfect for hot summer days, The Bench boasts barbecue and outdoor picnic areas, along with fire pit enclaves for chilly nights. Inside ONE Water Street, residents can conveniently exercise at the private health club featuring a fully-equipped gym, plus a spacious yoga studio. In addition, beautiful guest suites are available to overnight visitors.
ONE Water Street will offer a distinctive and sophisticated standard of Okanagan Urban living with its city centre location and proximity to the lake and downtown core. Within a five-minute walk, residents can visit the Okanagan Lake, complete with boardwalks, parks and beaches. In Kelowna’s downtown core, homeowners can shop at numerous boutiques, dine at a variety of restaurants, such as Bouchons Bistro and Waterfront Wines Restaurant, and participate in a lively art walk. Known as the cultural district, the downtown core also features the Rotary Centre for the Arts, the Kelowna Art Gallery and several theatres.
There is still time for potential buyers to become a priority registrant by pre-registering here. Priority registrants will be the first in line for home selection and introductory pricing.