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ONE Water Street MLS® Listings
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Building Info
ONE Water Street - 1187 Sunset Drive, Kelowna, BC, V1Y 9W7, a new two tower project between Sunset Drive and Ellis Street on Water Street. The 2.9 acre mixed use high density development site located in the best residential district in downtown Kelowna. The project will comprise of twin hi-rise condominium towers with street front commercial totaling approximately 427 units with retail units on the ground level. One Water Street's 36 and 29 storey towers would be the tallest between Vancouver and Calgary. The site is located across the street from Kelownas cultural and entertainment district and is walking distance to beaches, Kelownas waterfront parks, numerous restaurants and downtown Kelowna.
North American Development Group says it chose to redesign the towers to be taller and thinner to create the most optimal views for homeowners while providing the best view corridors between the buildings for its neighbours.
The towers have been designed by Kasian Architecture, a firm known for designing the National Music Centre in Calgary, as well as the Arts and Science Centre and RCMP headquarters in Kelowna.
Foreign landlord fails to pay taxes, CRA goes after tenant
It was a Tax Court of Canada case last year that went mostly under the radar by all except for the legal community who were taken aback by its implications for renters.
A Montreal tenant was audited and ordered to pay the tax he had failed to withhold on the monthly rent to his non-resident landlord, as required by law. As a result, he was ordered to pay six years’ worth of tax as well as the compounded interest and penalties. The Canada Revenue Agency (CRA) could not collect against his overseas landlord, so the Canadian tenant was on the hook.
Royal LePage expands footprint with Lower Mainland acquisitions
The importance of technology to residential property sales – and in turn the investors participating in the market – is once again in the spotlight with Royal LePage’s latest brokerage acquisition in Metro Vancouver.
Royal LePage Elite West, based in Port Coquitlam with offices in Maple Ridge and Abbotsford, announced April 2 that it had shed the Keller Williams banner, becoming the largest-ever Keller Williams conversion Royal LePage has seen as brokerages reassess their affiliation in the wake of turmoil in the U.S.
“They’re happy to be joining a Canadian company,” Phil Soper, president and CEO of Royal LePage, explained toWestern Investorlast week as he returned from events in Vancouver marking the transfer, which adds 175 agents for an initial 10-year term under the Royal LePage banner.
B.C. may need 700K more housing units by 2030, says economist
The province will have to build somewhere in the range of 500,000 to 700,000 housing units by 2030 to restore 2003 and 2004 levels of affordability, according to Braden Batch, lead economist for B.C. at the Canada Mortgage and Housing Corp.
Speaking at a panel discussion Wednesday at the Union of BC Municipalities housing summit in Vancouver, he said that this range already accounts for housing that the province is on track to build. Batch said it is also based on low, medium and high population projections, meaning that numbers may differ based on which projection becomes reality.
The Christ Church Cathedral precinct on the edge of downtown Victoria could be significantly transformed if Concert Properties gets rezoning approval for a two-tower housing project that would bring 370 new homes to what once was a YMCA-YWCA facility.
The Vancouver developer has made an application to rezone 851 Broughton St. to allow for a mixed-use project that will include 26- and 11-storey towers housing 220 condominiums and 150 rental units, respectively.
• Large floor-to-ceiling windows to take advantage of the captivating lake views and surrounding mountains and city • Over-sized balconies extend your outdoor living space • Concrete and glass tower with contemporary colour accents • Beautifully-appointed lobby and mail room • Pedestrian-friendly community with restaurants, recreation, entertainment, Okanagan Lake, and shopping just outside your door • Natural gas outlet for a barbeque
INTERIORS
• Curated interiors by Inside Design Studio • Choice of four colour schemes: Blossom – light scheme Orchard – medium (dark) scheme Harvest – the upgraded scheme features a combination of both light and dark materials Vine – similar to Orchard, with lighter countertops • 9’ ceilings • Plank engineered hardwood flooring throughout the main living areas, including kitchen and bedrooms • Contemporary baseboard and window/door trim package • Window blinds • Pot lights in select locations throughout • Stacking or side-by-side front-load, Energy Star®-rated washer and condensing dryer • Central air conditioning
KITCHENS
• Large-scale quartz countertops with sleek quartz waterfall chef islands • Contemporary flat-panel cabinetry, complete with full-height upper cabinets • Custom built-in wine storage • Contemporary under-mount stainless steel sinks • KitchenAid® gourmet stainless steel appliance package: 30” slide-in gas range or 30” slide-in, dual-fuel gas range, both with Broan slim-line integrated hood fan ~ 20.0 cu.ft. Energy Star®-rated French door refrigerator with interior water dispenser ~ High temperature, ultra-quiet dishwasher ~ Built-in convection microwave (offered in larger homes)
BATHROOMS
• Spa-inspired ensuites and luxurious bathrooms • Large-format tile flooring with complementing floor-to-ceiling tub/shower surrounds • Minimalist fixtures with under-mount sink • Polished chrome faucets and showerheads • Tub/shower combo in main bath; shower in ensuite
RESORT-STYLE AMENITIES AT THE BENCH
• 1.3-acre amenity space on the four-storey podium • Outdoor amenities include: two swimming pools; generously-sized hot tub; patio with tables and couches; grilling stations and harvest picnic tables; fire pit enclaves; dog park; and pickleball court • Indoor amenities include: private health club with fully-equipped gym; dedicated yoga/Pilates studio, plus secondary rooms available for stretching; multi-purpose entertainment room with kitchen, seating and dining areas; business centre; and guest suites
THE SHOPPES AT ONE WATER STREET
• A selection of retail along the ONE Water Street streetscape – only steps from your door • Conveniences may include a café and bistro, a grocery store, boutiques, or other essential and professional services
PEACE OF MIND
• Fob-only access to lobby with video surveillance, plus lobby enter phone with security camera • Gated parking, car wash station, and electric vehicle charging stations • Storage lockers for each home • Secure bike storage, includes boardwalk/beach cruiser lock-up outside East Tower lobby • 2-5-10-year warranty provided by Travelers Guarantee and Kerkhoff Construction
PENTHOUSE COLLECTION
URBAN RESORT LIVING AT NEW HEIGHTS
• Spanning windows to take advantage of the captivating lake views and surrounding mountains and city • Over-sized balconies extend your outdoor living space • Concrete and glass tower with contemporary colour accents • Beautifully-appointed lobby and mail room • Pedestrian-friendly community with restaurants, recreation, entertainment, Okanagan Lake, and shopping just outside your door • Natural gas outlet for a barbeque
INTERIORS
• Curated interiors by Inside Design Studio • 9' ceilings • Plank engineered hardwood flooring throughout the main living areas, including kitchen and bedrooms • Contemporary baseboard and window/door trim package • Window blinds • Pot lights in select locations throughout • Stacking or side-by-side front-load, Energy Star®-rated washer and condensing dryer • Central air conditioning
KITCHENS
• Large-scale quartz countertops with sleek waterfall chef islands • Contemporary flat-panel cabinetry, complete with full-height upper cabinets • Custom built-in wine storage • Contemporary under-mount stainless steel sinks • KitchenAid® gourmet stainless steel appliance package: • 30? slide-in gas range or 30” slide-in, dual-fuel gas range, both with Broan slim-line integrated hood fan • 20.0 cu.ft. Energy Star®-rated French door refrigerator with interior water dispenser • High temperature, ultra-quiet dishwasher • Built-in convection microwave (offered in larger homes)
BATHROOMS
• Spa-inspired ensuites and luxurious bathrooms • Large-format tile flooring with complementing floor-to-ceiling tub/shower surrounds • Minimalist fixtures with under-mount sink • Polished chrome faucets and showerheads • Tub/shower combo in main bath; shower in ensuite
RESORT-STYLE AMENITIES AT THE BENCH
• 1.3-acre amenity space on the four-storey podium • Outdoor amenities include: two swimming pools; generously-sized hot tub; patio with tables and couches; grilling stations and harvest picnic tables; fire pit enclaves; dog park; and pickleball court • Indoor amenities include: private health club with fully-equipped gym; dedicated yoga/Pilates studio, plus secondary rooms available for stretching; multi-purpose entertainment room with kitchen, seating and dining areas; business centre; and guest suites
THE SHOPPES AT ONE WATER STREET
• A selection of retail along the ONE Water Street streetscape – only steps from your door • Conveniences may include a café and bistro, a grocery store, boutiques, or other essential and professional services
PEACE OF MIND
• Fob-only access to lobby with video surveillance, plus lobby enterphone with security camera • Gated parking, car wash station, and electric vehicle charging stations • Storage lockers for each home • Secure bike storage, includes boardwalk/beach cruiser lock-up outside East Tower lobby • 2-5-10-year warranty provided by Travelers Guarantee
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