Water St & Leon Ave, Kelowna
Sales Status: Inquire for details
Introduction
Water Street by the Park Kelowna: Unveiling Urban Elegance in Downtown Kelowna
Introduction: Water Street by the Park Kelowna
Water Street by the Park is a transformative real estate development in Downtown Kelowna by Orchard Park Properties, set at the intersection of Water Street and 278 Leon Avenue. This project aims to revitalize the urban landscape with its trio of towers—the tallest structures in BC’s Interior—encompassing 650 residential units and injecting new life with 45,000 square feet of commercial space designed to enhance the pedestrian experience on Leon Avenue.
💰 Water Street by the Park Presale Condo Pricing, Incentives & Special Offers in Kelowna
(Updated on January 10, 2026)
Estimated Completion: Move-in ready
Buyer Incentives and Promotional Offers – January 2026 Update
- Limited time price reductions available on select floorplans
- Clients can secure a completed home with preferred pricing.
- Preferred pricing on completed homes
- Secure a completed home with preferred pricing.
- attractive limited time pricing now available on final residences
REDMA COMPLIANCE: All incentive and pricing information is automatically extracted from developer communications and is subject to change without notice. This information does not constitute a binding offer. All sales are subject to execution of Purchase and Sale Agreement and developer approval. Prospective purchasers must verify current incentives and pricing directly with the developer’s authorized sales representatives and review all REDMA-required disclosure documents before making purchase decisions. Licensed real estate services provided under RESA regulations. E.&O.E.
Architectural Innovation
The design of Water Street by the Park is a testament to modern urban living, harmoniously blending with Kelowna’s stunning natural scenery. The project is notably marked by a mass timber bridge over Leon Avenue, integrating the development with the city’s public spaces while promoting an environmentally responsible building practice. This architectural feat is designed by HDR Architecture, a firm renowned for creating functional, aesthetically pleasing spaces that respect the local culture and environment.
Prime Location
Strategically located by City Park, Water Street by the Park Kelowna promises easy access to lush parklands, a sandy beach, and active lifestyle amenities like tennis courts and waterparks, all while being a stone’s throw away from the vibrant cultural and commercial heart of downtown Kelowna.
Living Spaces: Floor Plans
Water Street by the Park Kelowna offers a diverse range of floor plans to accommodate various lifestyles and preferences:
- Tower A features 18 residential floors with 156 units.
- Tower B, the central and tallest tower, comprises 36 floors with 340 units.
- Tower C offers 22 floors housing 154 units.
These plans are thoughtfully designed to maximize space and views, ensuring each resident enjoys a premium living experience, whether they choose a one-bedroom unit or a more expansive three-bedroom home.
Pricing Information
Pricing for these exquisite condos is currently aligned with the market trends of Kelowna’s real estate, reflecting the premium nature of the property and its extensive amenities. Potential buyers are encouraged to register early for access to the best possible pricing and choice availability, particularly as this project progresses through its pre-construction phase.
Developer and Architect
Orchard Park Properties, the developer, has partnered with HDR Architecture to bring this project to life. Orchard Park Properties is recognized for its commitment to quality and sustainability, whereas HDR Architecture brings over a century of design expertise, having contributed to significant projects worldwide that emphasize innovation and community enhancement.
Project Completion
The expected completion date for Water Street by the Park Kelowna is yet to be announced, indicating that the development is in the advanced stages of its pre-construction phase. This timeline is an essential factor for investors and buyers looking for new growth opportunities in one of Canada’s most dynamically expanding markets.
Frequently Asked Questions
When will Water Street by the Park be completed?
Completion is estimated for Move-in ready.
Who is developing Water Street by the Park?
Water Street by the Park is developed by Orchard Park Properties.
Looking for presale condos in Kelowna?
Check out our list of New Condos Kelowna
What’s the GST rebate for new construction in BC?
First-time home buyers in BC can receive up to $36,000 in combined GST and PTT rebates. Calculate GST on new homes in BC to find out your exact savings.
Where can I find all presale condo assignments across BC?
Check out this list of Vancouver Condo Assignments
How do assignment sales work in BC?
Check out our detailed guide on selling a pre construction condo
Property Highlights
650 units
24-, 30-, 42-storey towers storeys
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Warranty
New homes in BC are covered by warranty… Read more
7 Day Rescission Period BC… Read more