Listed 21 Hours Ago
Highlights
Pet Friendly
Location
1604 Water St, Kelowna, BC V1Y, CAN|Downtown North
Tour 1604 Water St
Contact
Vantage West Realty
Nearby rentals
Property management
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Property Overview
This property features 24 photos, providing renters with an extensive visual overview. It is ideal for those valuing environmental sustainability, social interaction, and fitness wellness, as the area encourages walking, public transit is accessible, and various outdoor and community spaces are available. Additionally, amenities such as an on-site fitness center, pool, and facilities for remote work add to the overall appeal and functionality.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Balcony- Elevator
- Images Available
Great for
Pet owners
Work-from-home
Eco living
Amenities for 1604 Water St, Downtown North
Features
| Balcony | Dryer |
| Forced Air | Furnished |
Appliances
| Dishwasher | In-Unit Laundry |
| Range/Oven | Refrigerator |
Community
| Cats OK | Controlled Access |
| Dogs OK | Elevator |
| Fitness Center | Garage Attached |
| Onsite Laundry | Residents Lounge |
Grounds
| Garage Parking | Outdoor Space |
| Storage | Swimming Pool |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 1604 Water St
Location: 1604 - 1626 Water Street, Downtown Kelowna Available: Immediately Pets: Negotiable with owner approval Bedrooms: 2 Bathrooms: 2 Unit Type: Luxury Condo - 16th Floor Monthly Rent: $2,800 Utilities & Internet: Water, sewer and garbage included. Electricity, internet and cable paid by tenant. Lease Term: Long-term preferred (1 year) Heating & Cooling: Energy-efficient heat pump heating and cooling Parking: 1 underground parking stall included Storage: No storage locker Furnished: No Laundry: Private in-suite Yard Access: Private balcony with lake and city views Entrance: Shared building entrance with secure lobby mailboxes Tenant Insurance: Required Strata Move Fee: $200 Book Your Showing Today! We use TENANT TURNER for scheduling viewings - an easy-to-use online platform where you can select your preferred date and time. Please do NOT call the office for questions about the property. All inquiries should be addressed during your showing. Description: Enjoy downtown living in this 2-bedroom, 2-bathroom condo on the 16th floor at 1626 Water Street. Built in 2025, this modern home features floor-to-ceiling windows, an open-concept layout, and a private balcony with lake and city views. The kitchen opens onto the living space, while in-suite laundry and heat pump heating and cooling add everyday convenience. Building amenities include an outdoor pool, two hot tubs, a gym with lake views, sauna, theatre room, kids playroom, outdoor lounge areas, and a golf simulator available for a booking fee. Located steps from waterfront parks, restaurants and boutique shopping, this condo offers a convenient home base in the heart of downtown Kelowna. One underground parking stall is included. This property is advertised by Danielle O'Donnell, Licensed Property Manager at Vantage West Realty Inc., acting as agent for the owner.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1604 Water St compares to other nearby properties.
Positives
- Balcony
- Easy access to the outdoors
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this property
Address details
| Neighborhood | Downtown North |
|---|---|
| Post code | V1Y |
| Type | Condo for rent |
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Rent trends in Downtown North
2-bedroom apartments at 1604 Water St cost about 19% more than the average rent price for 2-bedroom apartments in Kelowna.
Median rents as of Oct 24 2026.
Downtown North
Kelowna
| Month | Median Rent |
|---|---|
| November 2024 | $2,305 |
| December 2024 | $2,271 |
| January 2025 | $2,322 |
| February 2025 | $2,228 |
| March 2025 | $2,259 |
| April 2025 | $2,286 |
| May 2025 | $2,358 |
| June 2025 | $2,355 |
| July 2025 | $2,380 |
| August 2025 | $2,398 |
| September 2025 | $2,377 |
| October 2025 | $2,335 |
| November 2025 | $2,258 |
| December 2025 | $2,280 |
| January 2026 | $2,119 |
| February 2026 | $2,091 |
| March 2026 | $2,100 |
| April 2026 | $2,143 |
| May 2026 | $2,255 |
| June 2026 | $2,231 |
| July 2026 | $2,250 |
| August 2026 | $2,199 |
| September 2026 | $2,288 |
| October 2026 | $2,254 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,728 |
| December 2024 | $2,769 |
| January 2025 | $2,731 |
| February 2025 | $2,636 |
| July 2025 | $2,850 |
| October 2025 | $2,785 |
| November 2025 | $2,505 |
| December 2025 | $2,500 |
| March 2026 | $1,995 |
| April 2026 | $2,651 |
| May 2026 | $2,898 |
| June 2026 | $2,932 |
| July 2026 | $2,560 |
| August 2026 | $2,760 |
| September 2026 | $2,350 |
Affordability calculator
Can I afford to live at 1604 Water St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$112,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 2-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $2,800 |
Getting around Kelowna near 1604 Water St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1604 Water St, Kelowna
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
7/10
Several bars within a few minutes’ walk
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