Welcome to the heart of downtown at Water Street by the Park!
The towers are a jewel in the Kelowna skyline as you cross the William R. Bennett Bridge heading into the city. They’re surrounded by restaurants, local boutique shops, breweries and wineries, and are steps away from Kelowna City Park and Lake Okanagan in downtown Kelowna, so everything you need is within easy reach. Water Street by the Park offers an impressive Walk Score of 95*!
Water Street by the Park will be comprised of three landmark towers and will be the new home of the tallest tower in the British Columbia Interior. Tower 1 will be the first to release at 24 storeys and 156 homes, followed by Tower 2 with 42 stories, and Tower 3 with 28 stories. The towers have been thoughtfully positioned to maximize the expansive lake, valley and city views. Not only will there will be lake views from the amenities deck on the 6th floor, but all suites start on the 7th floor and most will offer lake views. Construction of the first tower is slated to begin in late 2021/early 2022.
Kelowna is Canada's No. 2 most livable place
"Livability and affordability are inextricably intertwined. There's no doubt the Okanagan is eminently livable with its perfect four-seasons weather, stunning valley-mountains-lakes setting, wine-ski-golf-beach-hike-bike recreational lifestyle and big-city amenities with small-town feel." - Kelowna Now, March 14, 2021
INVESTORS - LISTEN HERE!
In addition to incredible interest from Kelowna residents, registrations have been pouring in from across Canada. Those already living in the Okanagan understand why Kelowna is such an appealing place to live and invest, but for those less familiar with the city, they have brought it all together for you in one easy package. Learn everything you need to know in the INVEST IN KELOWNA brochure full of all the reasons why owning at Water Street by the Park should be at the top of your lifestyle and investment goals.
To make the decision even easier, they have consulted with independent property management companies to share a current MARKET RENTAL RATES package so you can see how you could make your home at Water Street by the Park work for you!
AREA & AMENITIES
All homes will have access to The Deck at Water Street featuring an abundance of world class indoor and outdoor amenities to enjoy year-round. All amenities are located on the 6th floor podium at the base of Tower 1 and Tower 2.
Year-round heated pool
Two hot tubs
Putting green
Outdoor BBQs
Outdoor firepits
Fully equipped gym with lake views
Yoga and spin room
Sauna
Theatre room
Communal recreation space
Co-working space
Dog run
Dog wash station
PRICING AND FLOOR PLANS
With a variety of spacious floor plans and an unrivaled amenities package designed to maximize Kelowna living 365 days of the year, this is the downtown lifestyle buyers are looking for.
The Diamond Collection is an exclusive selection of homes designed for an elevated living experience in the heart of downtown Kelowna. These limited-edition residences feature overheight ceilings, enhanced amenities including wine fridge, heated bathroom floors, upgraded closet package, stylish Kohler fixtures, and the best
Okanagan Lake, city, and valley views afforded by their prime locations on the 21st to 24th floors. The crown jewels in the Water Street by the Park community, the refined Diamond Collection was created for many to admire, but for only a select few to possess.
DEPOSIT STRUCTURE
$10,000 at the time of writing the contract
Second Deposit: 5% within 7 days (less $10,000)
Third Deposit: 5% four (4) months after the acceptance date
Fourth Deposit: 5% the later of a) four (4) months after the payment of the Third Deposit: or b) 7 days of the Purchaser receiving an Amendment to the Disclosure Statement
Fifth Deposit: 5% four (4) months after the payment of the Fourth Deposit (foreign buyer must pay a total deposit of 30%, the Fourth & Fifth deposit will become 10%)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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