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The Tallest Building in Kelowna, BC (Updated 2024) | Vantage West Realty


After becoming a Realtor® in 2002, AJ Hazzi noticed a gap in the real estate market...

After becoming a Realtor® in 2002, AJ Hazzi noticed a gap in the real estate market...

Jul 2 4 minutes read

Read about the highest buildings in Kelowna, BC - including under construction, approved, and proposed new developments.

One Water Street rendering by Kasian Architecture

Image: Kasian Architecture

One Water Street is Kelowna's Tallest Building in 2024

One Water Street is a luxury twin tower complex (36 and 29 storeys) by Kasian Architecture that's breaking records in The City of Kelowna. When it was completed in 2021, One Water Street's first tower of 29 storeys became the tallest building in Kelowna. As of 2024, The East Tower at One Water Street is the tallest building in Kelowna at 36 stories.

Height: East Tower of 36 storeys and West Tower of 29 storeys

Location: The corner of Water St and Ellis St

Developer: North American Development Group (NADG) and Kerkhoff Construction

Units: 403 (1,100 to 3,500 sq ft)

Status: Presales with completion in Summer 2021

Starting Price: $998,000

The project features a staggering 4th floor podium that connects the two high rise buildings with an outdoor pool, hot tub, and recreational area offering postcard views above Okanagan Lake, Knox Mountain, and Kelowna's North End.

One Water Street’s amenities include a 3,000 square foot Health club & Fitness Centre with yoga & pilates, a pickleball court, fire pits, a dog park, parking stalls, a business centre, and an entertainment room.

The 36th floor penthouse unit at One Water Street features 4,500 sq ft of indoor space.

Image: Aquilini Development

The Tallest Building in Kelowna, 2025+: Water Street by the Park

Water Street by the Park is a mixed-use project with three towers currently under construction in The City of Kelowna. When construction is finished in 2025, Water Street by the Park's Eli Tower will be the tallest building in British Columbia (outside of the Greater Vancouver Area) at a staggering 42 stories.

Height: Three towers of 24, 26, and 42 storeys (Water Street by the Park's tallest tower will be 132.6 metres high)

Location: The corner of Water St and Leon Ave

Developer: Mission Group Homes

Units: 650

Status: Presales with completion 2023 to 2025

Starting Price: $380,000

Water Street by the Park features contemporary designs, tall windows, and world class amenities like a year-round heated outdoor pool & fitness centre. With a prime location next to City Park and the Kelowna Yacht Club, this is one of Kelowna’s most sought-after condo developments.

There are a total of 650 condo units for sale ranging in size from 1 to 3.5 bedroom units (522 to 1,419 sq ft).

How High Can We Build in Kelowna?

To increase the amount of rental housing on the market, The City of Kelowna is considering a new density bonusing scheme that would let developers build higher towers in exchange for payments to a city coffer (April 2022). The Public Amenity and Streetscape Reserve Fund aims to direct public funding towards ground-level public amenities like sidewalks, curbs, landscaping, bus pullouts, and street furniture.

Interested in living at Water Street by the Park, One Water Street, or one of Kelowna's high rise condos for sale?

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