One Water Street is Kelowna's tallest condo development — two towers at 1187 Sunset Drive on the downtown waterfront. The East Tower, completed in 2021 at 36 storeys, is the tallest building in Kelowna. The West Tower followed in 2022 at 29 storeys. Together the two towers hold 427 residential units.
Sunset Drive sits directly on Okanagan Lake at the edge of downtown, between Waterfront Park and the marina district — a waterfront address with immediate access to the lakefront path system and downtown's restaurant and retail core on Bernard Avenue.
Because One Water Street is two distinct towers with different heights, completion years, and floor plates, unit values vary meaningfully between the East and West towers — not just by floor. If you're buying or selling here, that distinction matters for pricing, and it's one we track building-by-building rather than treating the development as a single average.
Other Downtown Kelowna Towers
East Tower vs. West Tower, floor, and lake exposure all move price here. Get a real number from an agent who tracks this building.
Premium units — high floors, lake views — move fast at Kelowna's tallest address. Tell us what you need and we'll get you there first.