New Developments Kelowna | 2025 Guide to Condo, Townhome, and New Home Communities
Discover the newest presale and under construction Kelowna developments. Reserve your new condo or townhome with Vantage West Realty, Inc. today.
Delano is a new condo presale development for Spring 2025 located in the heart of Kelowna’s walkable Cultural District.
This the the newest release from renowned Fifth Avenue Properties, and a standout member of their Okanagan Collection, alongside Nolita and Savoy on Clement.
Tucked into the tree-lined charm of Coronation Avenue, Delano blends thoughtful design with unbeatable location — with new homes starting in the $300,000s.
It’s boutique, it’s central, and it’s smart—whether you're a first-time buyer, a seasoned investor, or someone simply ready to live where the energy is.
This is Kelowna’s downtown renaissance. And Delano puts you right in the middle of it.
Delano rises six storeys with 85 contemporary homes — from efficient studios to spacious 2-bedroom residences.
Every floor plan maximizes space and light, with elevated interior finishes that feel modern yet timeless. Homes on the west and north sides enjoy wrap-around balconies—perfect for morning sun or evening wine.
Up top? A private rooftop terrace, over 2,700 sq ft, offers curated spaces to unwind, entertain, or work from under the pergola. There’s even a dog run—because life’s better when your pup is part of it.
Bike-friendly and walkable, Delano makes car-optional living a reality. But for those who need wheels, there’s secure parking for 84 vehicles and room for 110 bikes, plus thoughtful touches like EV readiness and easy-access visitor parking.
And then there’s the neighborhood...
Within a 10-minute walk: the future UBC Okanagan Downtown Campus, Prospera Place, Knox Mountain trails, the Lakefront Promenade, and some of the city’s most loved restaurants, cafés, galleries, and boutiques. Grab brunch at OEB, coffee at Bright Jenny, a show at the Rotary Centre for the Arts, and dinner at Waterfront Wines—all without starting your engine.
Investors, take note: With UBCO’s downtown campus under construction just blocks away, this pocket of the city is set to explode with energy, demand, and long-term value. Downtown rental demand is already strong—and only going up.
Prices start from $299,900, with flexible options across unit types and limited-time incentives available during early access. It’s your chance to get in early—before the doors officially open.
Secure your place in one of downtown’s most promising new addresses.
PREPURCHASE NOW with Vantage West Realty — local REALTORS® with an eye for quality developments in Kelowna, BC & over 1000 glowing Google reviews.
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Fifth Avenue Properties is an award-winning real estate development company with a strong presence in Kelowna, British Columbia. Established in 2004, the company has evolved into a prominent builder in Canada and the United States, with a strong presence in British Columbia, Alberta, and Arizona.
Recognizing Kelowna's growth and appeal, the company has introduced the "Okanagan Collection," a series of developments that blend modern design with our region's cultural heritage. Fifth Avenue Properties' 20+ years of experience and their commitment to quality and innovation is evident in these developments — each aiming to enhance Kelowna's urban landscape while providing residents with modern, comfortable living spaces.
New Fifth Ave Properties developments in Kelowna include:
Nolita: Located at 620 Coronation Avenue in Kelowna’s vibrant cultural district, Nolita offers luxury townhomes and sophisticated condos. Residents enjoy proximity to restaurants, craft breweries, urban wineries, boutique shopping, and the waterfront boardwalk. The development is under construction and is expected to complete in Q1 2025.
Savoy on Clement: Situated at 647 Clement Avenue, this boutique development features studio, one- and two-bedroom condos, and urban two-bedroom townhomes. Savoy is currently under construction with delivery scheduled for summer 2026.
Siren: Planned for 558 Coronation Avenue, Siren is a visionary 6-storey development that will blend commercial amenities with exceptional residential offerings. The project is currently in the design phase, with permit submissions expected in Fall 2024.
Visit the project developer's official website.
Start your Kelowna home search with Vantage West Realty, Inc. Kelowna's top-rated independent real estate agency and property management firm. Experts at negotiating home sales, presale condos, and buyer conditions that protect your interests — before and after the sale.
Prepurchase at Delano Kelowna with The Vantage Group
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This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. All renderings and images are artists representations only. Developer reserves the right to change or make modifications to the design, specifications and prices without notice.
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