- Active
#312 – 1088 Sunset Drive
Kelowna · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,031
- Built
- 2002
Listed by REMAX Kelowna · MLS® 10391660
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Sign inAbout this home
Lakefront on Sunset Drive! This beautiful 2-bedroom, 2-bathroom updated condo in Discovery Bay Resort on Kelowna's waterfront offers a resort lifestyle and Okanagan living at its best. Overlooking both the serene Okanagan lake and a bird sanctuary, this quiet unit located on the amenities level presents a fantastic opportunity for investment, vacation or year-round living. The complex is zoned for short term rentals so you can use it when you want and rent it out when you want. Discovery Bay boasts an array of desirable amenities, including two pools, two hot tubs, a fully equipped fitness center, a sauna and a clubhouse featuring a pool table, TV lounge/ games room and fireplace. The large secured courtyard offers family fun or quiet relaxation, while the lakefront lagoon provides reserved boat moorage (subject to availability and fees). Located in Kelowna’s vibrant Cultural District, residents enjoy walkability to the waterfront boardwalk, beaches, marina, restaurants, cafe's, breweries, shopping, entertainment, and downtown amenities. Discovery Bay remains one of downtown Kelowna’s most recognizable waterfront developments, offering outstanding amenities and an unbeatable location in the heart of the city.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,031 sq ft
- Year built
- 2002
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- Kelowna North
- Style
- Other
- Listed
- June 17, 2026
- Structure
- Apartment
- PID
- 025-591-363
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Waterfront
- Gym
- Pool
- Concierge
- Hot tub
- Recreation centre
- Meeting/Party Room
- Security / concierge
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Heating
- Forced air
- Cooling
- Central air conditioning
- Flooring
- Tile, Laminate, Ceramic Tile
- Roof
- Tile, Unknown
- Parking
- Other
- Lot
- One Balcony
- Community
- Recreational Facilities
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,910
- Property tax
- $175/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,235
Purchase snapshot
- List price
- $614,000
- Down payment
- $122,800 (20%)
- Estimated mortgage
- $491,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,922
- At 4.7595 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Kelowna
Ten year average, 2016–2025.
- Average temperature
- 9.6°C
- Daily mean across the year.
- Yearly precipitation
- 242 mm
- On the drier side for BC.
- Bright sunshine
- 1,949 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 52%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
