Water Street by the Park is Kelowna's newest landmark address — three modern residential towers by Orchard Park Properties Ltd., positioned at the entrance to downtown to capture sweeping views of Okanagan Lake, the surrounding mountains, and the city below. When complete, the community will offer 650 homes, 45,000 square feet of retail and office space, and a resort-style amenities deck — just steps from City Park and the lake.
Each tower at Water Street by the Park has its own character and place in the skyline, connected by a shared amenities deck and a downtown Kelowna address that's hard to beat.
Kelowna's first taste of Water Street by the Park, Tower One sold out its full collection of 144 homes in just 48 hours — a strong signal of demand for this stretch of downtown.
The iconic centerpiece of the collection, offering one-bedroom-plus-den to three-bedroom-plus-den homes with private balconies and some of the best unobstructed lake, valley and city views in Kelowna.
Rounding out the master-planned community, Tower Three is anticipated to launch for sale in 2027, continuing the vision for downtown Kelowna's newest landmark address.

Homes across the development are finished with premium integrated Fulgor Milano appliances, sleek KOHLER polished chrome fixtures, luxury vinyl plank flooring, and marbled porcelain tile bathrooms. Choose from two designer interior colour schemes, each with oversized windows for an abundance of natural light. Secure fob-access parking and individual bike storage are included, with a mass timber skybridge planned to eventually connect all three towers.
An enhanced package of resort-style amenities on the 6th floor podium, shared by residents of Tower One and Tower Two, designed to make you love where you live.

Take in stunning Okanagan Lake views from the seasonally heated pool and hot tubs, relax on the landscaped terrace with fire pits and lounge areas, or grill with friends at the outdoor kitchen and barbeque stations. Perfect your golf game on the simulator or putting green.

You can cancel your gym membership. A fully-equipped fitness centre with inspiring lake views, a yoga studio, and a sauna and steam room to relax tired muscles — everything you need for health and wellness, without ever leaving home.

Little neighbours love the safe play space in the Kid's Room, while a Games Room, Movie Room and Art Room keep things fun for everyone. A communal kitchen and lounge can be reserved for special events. Four-legged family members get their own dog run and wash station.

With a downtown Kelowna address, you're never far from where you need to be — but the co-working and business space can cut your commute to an elevator ride. Prefer two wheels? Secured bike storage and a Bike Score of 98 put over 300 kilometers of Kelowna cycling paths within easy reach.
Water Street by the Park sits at the heart of downtown Kelowna, an iconic landmark on the skyline as you cross the William R. Bennett Bridge over Okanagan Lake.

With a 95 Walk Score and a 98 Bike Score, residents are surrounded by restaurants, local boutique shops, breweries and wineries, and are just steps away from City Park and the Okanagan Lake waterfront. Downtown Kelowna's Bernard Avenue strip, the Rotary waterfront boardwalk, the downtown marina, and the weekly Farmers' Market are all an easy walk from home — along with the cafes, patios and cultural venues that make up Kelowna's most walkable neighbourhood.
A sample of available and sold layouts across Tower One and Tower Two – The Eli, from one-bedroom-plus-den to three-bedroom-plus-den homes. Floor plans open as a PDF from the developer. Reach out for current availability and pricing on any layout.
| Unit # | Beds | Exposure | Plan |
|---|---|---|---|
| 2103 | One + Den | E | View Floor Plan |
| 1904 | Two | SE | View Floor Plan |
| 2202 | Two | SE | View Floor Plan |
| 2208 | Three + Den | NW | View Floor Plan |
| Unit # | Beds | Exposure | Plan |
|---|---|---|---|
| 2903 | One + Den | E | View Floor Plan |
| 2808 | One + Den | W | View Floor Plan |
| 2804 | Two | SE | View Floor Plan |
| 2802 | Two | NE | View Floor Plan |
| 3302 | Two | NE | View Floor Plan |
| 3207 | Three + Den | SW | View Floor Plan |
| Developer | Orchard Park Properties Ltd. |
| Address | 1660 Water Street, Kelowna, BC |
| Towers | 3 (Tower One & Two complete, Tower Three future phase) |
| Tower One | 24 storeys · 144 homes · Sold Out |
| Tower Two – The Eli | 42 storeys · Now Selling |
| Tower Three | Future phase · anticipated launch 2027 |
| Total Homes | 650 (when complete) |
| Retail & Office | Approx. 45,000 sq ft |
| Parking | 727 stalls (secure, fob-access) |
| Pets | Pet Friendly — two pets, any size |
| Walk Score / Bike Score | 95 / 98 |
Water Street by the Park is just steps away from Kelowna City Park and Okanagan Lake in downtown Kelowna — everything you need is within easy reach.
Water Street by the Park will consist of three landmark towers. Tower One and Tower Two are now complete, with Tower Three anticipated for sales launch in 2027.
Yes — tour the Kelowna Presentation Centre at 1660 Water Street, Wednesday to Sunday, 12pm–5pm. Virtual appointments are also available for those outside Kelowna.
Yes, parking is available for purchase — speak with a sales associate for pricing and availability. Three-bedroom-plus-den units come with one parking stall included.
All homes have access to The Deck at Water Street on the 6th floor podium, including an outdoor pool, two hot tubs, putting green, outdoor barbeques and firepits, a fully-equipped gym with lake views, yoga and spin room, sauna, theatre room, art room, communal recreational space, co-working space, dog run, and dog wash station.
Yes — the towers are positioned to maximize lake, valley and city views. All homes start on the 7th floor, and most offer lake views, as does the 6th floor amenities deck.
Yes, approximately 45,000 square feet of retail and office space will be curated with amenities and services for everyday convenience.
Strata fees average approximately $0.53 per interior square foot per month, depending on the unit.
Yes — every unit comes equipped with a gas stove and a gas bib on the balcony for the convenience of a gas BBQ.
Yes — two pets, any size, per the strata bylaws.
Yes — the developer is not placing rental restrictions in the proposed strata bylaws, though municipal restrictions may apply.

1660 Water Street, Kelowna, BC — open Wednesday to Sunday, 12:00pm to 5:00pm.
Sales: sales@waterstbythepark.com | 250-763-7275
Sutton Centre Realty Kelowna
1310 Water St #9 Kelowna, BC V1Y 9P4