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Water Street by the Park

Kelowna · Pre-Construction & Move-In Ready

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.

1660 Water Street, Kelowna — steps from Okanagan Lake & City Park

Three Towers, One Landmark Address

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.

24Storeys
Tower One
Sold Out
144 homes · Closest to the lake

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.

42Storeys
Tower Two — The Eli
Now Selling
Tallest residential tower in the BC interior

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.

3Future Phase
Tower Three
Coming 2027
Details to be announced

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.

Water Street by the Park tower exterior

Interiors & Finishes

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.

3
Landmark Towers
650
Homes
45K
Sq Ft Retail & Office
727
Parking Stalls

The Deck at Water Street

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.

Aerial view of The Deck amenities at Water Street by the Park

Outdoor Living, All Year

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.

  • Seasonal lakeview heated pool
  • Two hot tubs
  • Landscaped terrace with fire pits
  • Outdoor kitchen & barbeque stations
  • Golf simulator & putting green
Fitness centre with lake views

Wellness by Water Street

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.

  • Lakeview cardio & strength training gym
  • Yoga studio
  • Sauna & steam room
  • Changing rooms with showers
Entertainment and lounge space at Water Street by the Park

Entertainment & Pets

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.

  • Kid's playroom & games room
  • Movie room & art room
  • Lounge with kitchen for events
  • Dog run & pet wash station
Co-working space at Water Street by the Park

Work by Water Street

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.

  • Co-workspace & business centre
  • Secured bike storage
The sailboat sculpture at Kelowna City Park — steps from your front door

Downtown Kelowna

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.

View from Water Street by the Park

Steps from Everything

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.

Floor Plans

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.

Tower One

Unit #BedsExposurePlan
2103One + DenEView Floor Plan
1904TwoSEView Floor Plan
2202TwoSEView Floor Plan
2208Three + DenNWView Floor Plan

Tower Two – The Eli

Unit #BedsExposurePlan
2903One + DenEView Floor Plan
2808One + DenWView Floor Plan
2804TwoSEView Floor Plan
2802TwoNEView Floor Plan
3302TwoNEView Floor Plan
3207Three + DenSWView Floor Plan

Building & Community Details

DeveloperOrchard Park Properties Ltd.
Address1660 Water Street, Kelowna, BC
Towers3 (Tower One & Two complete, Tower Three future phase)
Tower One24 storeys · 144 homes · Sold Out
Tower Two – The Eli42 storeys · Now Selling
Tower ThreeFuture phase · anticipated launch 2027
Total Homes650 (when complete)
Retail & OfficeApprox. 45,000 sq ft
Parking727 stalls (secure, fob-access)
PetsPet Friendly — two pets, any size
Walk Score / Bike Score95 / 98
Groundbreaking to grand opening — Towers One & Two now complete

Frequently Asked Questions

Where is Water Street by the Park located?

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.

How many towers will be in Water Street by the Park?

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.

Does Water Street by the Park have a Presentation Centre?

Yes — tour the Kelowna Presentation Centre at 1660 Water Street, Wednesday to Sunday, 12pm–5pm. Virtual appointments are also available for those outside Kelowna.

Will parking be available for purchase?

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.

What amenities will be part of the community?

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.

Will Water Street by the Park offer views?

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.

Will there be commercial space?

Yes, approximately 45,000 square feet of retail and office space will be curated with amenities and services for everyday convenience.

What are the projected strata fees?

Strata fees average approximately $0.53 per interior square foot per month, depending on the unit.

Will gas be included in strata?

Yes — every unit comes equipped with a gas stove and a gas bib on the balcony for the convenience of a gas BBQ.

Is Water Street by the Park pet friendly?

Yes — two pets, any size, per the strata bylaws.

Can purchasers rent their units?

Yes — the developer is not placing rental restrictions in the proposed strata bylaws, though municipal restrictions may apply.

Presentation Centre

1660 Water Street, Kelowna, BC — open Wednesday to Sunday, 12:00pm to 5:00pm.
Sales: sales@waterstbythepark.com | 250-763-7275

Get In Touch

Tarynn Liv Parker

REALTOR®

Mobile: 250-215-4076

Phone: 2502154076

EMAIL

Office Info

Sutton Centre Realty Kelowna

1310 Water St #9  Kelowna,  BC  V1Y 9P4 

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