1507-238 Leon Avenue, Kelowna, BC V1Y 6H9, Kelowna, British Columbia, Canada. - Hero Image
1507-238
Leon Avenue
Kelowna | British Columbia

The Spirit of

Urban Elegance

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Miranda Pearson
Miranda Pearson
Presented At
$960,206
Bedrooms
3
Bathrooms
2
Living
1,418
SQFT
Steam Room
Air Conditioning
Elevator
Washer Dryer
Fitness Center / Gym
Bar
Kitchen island
Laundry Room
Jacuzzi
Wine Cellar
Game Room
Sauna
Gas Stovetop
Terrace
Garage
Parking
Garden
Balcony
Vineyard / Winery
Pool
Playground
Water View
Lakefront
Waterfront
Mountain View
New Builds
1507-238 Leon Avenue, Kelowna, BC V1Y 6H9, Kelowna, British Columbia, Canada. - Photo 1
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1507-238 Leon Avenue, Kelowna, BC V1Y 6H9, Kelowna, British Columbia, Canada. , Kelowna , British Columbia

Elevated Lake Living

Water Street By The Park, Downtown Kelowna's newest completed high rise tower, where unparalleled amenities meet 180 degree views from this ready to move in luxury 1418 square foot residence. Offering three bedrooms and a flex or storage room, two full bathrooms, two secure side by side parking stalls, plus 500 square feet of private outdoor patio space overlooking 15 stories above City Park, Okanagan Lake, Downtown Marina and Kelowna Yacht Club. Beach access, vibrant Bernard Avenue and Water Street, waterfront promenade, and quick access to Highway 97 and the W.R. Bennett Bridge make this one of the most accessible and amenity rich locations in the city. On-site concierge and security, dedicated parcel delivery room, outdoor pool, two hot tubs, sauna, steam room, games room, hobby and kids room, cardio space and exceptional equipped fitness room, lounge, golf simulator, putting green, and theatre room are all included with your low strata fees! Family and pet friendly, this home brings the epitome of the Okanagan Lifestyle literally to your doorstep. Refined finishings, such as durable vinyl plank hardwood style flooring, gas cooktop, built in oven, integrated fridge and dishwasher, washer, dryer, and gas hookup for your BBQ on your southwest corner wrap around patio. Access your patio by the primary and second bedroom, as well as the dining area. Seller has never moved in, so condition is like new and with warranty! No size restriction on dogs.

Gallery

3D Street View Tour

Map showing 1507-238 Leon Avenue, Kelowna, BC V1Y 6H9, Kelowna, British Columbia, Canada.

Property Location

1507-238 Leon Avenue, Kelowna, BC V1Y 6H9, Kelowna, British Columbia, Canada., Kelowna British Columbia

Local Weather & Climate

Kelowna, British Columbia

Current Conditions Updated recently
57 °F
Broken clouds
Feels Like 55°F
Humidity 55%
Wind 9 mph
Visibility 6.2 mi
Sunrise 2:07 PM
Sunset 2:05 AM
5-Day Forecast
Tue 17 Mar
Clouds
High 57°
Low 57°
Wed 18 Mar
Clouds
High 60°
Low 46°
Thu 19 Mar
Clouds
High 62°
Low 47°
Fri 20 Mar
Clouds
High 64°
Low 46°
Sat 21 Mar
Rain
High 58°
Low 40°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Kelowna?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Kelowna. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $96,020,600 20% down ($19,204,120)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$8,251
$8,251/day
Your home may appreciate while you sleep
$57,916/week $250,969/mo $3,011,625/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$52.8M
vs
OWN 📈 +$74.9M
$74.9M Potential Equity
vs $52.8M lost to rent over 10 years
$19.2M Down Payment Growth
3.9x
10yr
$74.9M
8.1x
20yr
$155.2M
12.6x
30yr
$242.5M
Wealth Comparison
×577
Equivalent to 577 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $242.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $113.1M +18%
Market $130.8M +36%
Optimistic $150.9M +57%
$74.9M est. equity
20 Years
Conservative $133.2M +39%
Market $178.1M +85%
Optimistic $237.1M +147%
$155.2M est. equity
30 Years
Conservative $156.8M +63%
Market $242.5M +153%
Optimistic $372.7M +288%
$242.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at 1507-238 Leon Avenue, Kelowna, BC V1Y 6H9, Kelowna, British Columbia, Canada features 3 bedrooms with 1,418 square feet of living space.
This property offers 1,418 square feet of living space.
This property is listed at $96,020,600, which equals $67716 per square foot.
Based on current market indicators, Kelowna shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Kelowna, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Miranda Pearson

Miranda Pearson

Sotheby's International Realty Canada

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