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Tertiary Property View
Exceptional Property

1288 Water Street, Kelowna

$480,000
1 Bedrooms
2 Bathrooms
730 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

Apartment

Year Built

2006

Square Footage

730 square feet

Bedrooms

1 Bedroom

Bathrooms

2 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

FULL OWNERSHIP at The Royal Kelowna – Live the Resort Lifestyle on Your Terms!** Here’s your opportunity to own 100% of this luxury one-bedroom, 1.5-bath suite in the heart of Kelowna’s vibrant cultural district. Whether you're looking for a full-time home, a seasonal retreat, or an investment that works for you while you're away – this property of...

MLS Number

10328162

Listed By

RE/MAX Kelowna

Last Updated

Jun 28, 2025, 3:30 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
Apartment
Year Built
2006
Square Footage
730
Zoning
Unknown

Interior Features

Flooring
Cork

Climate Control & Utilities

Heating System
See remarks
Air Conditioning
Central air conditioning

Exterior & Surroundings

View Type
Lake view
Exterior Construction
Stucco
Swimming Pool
Pool, Outdoor pool

Additional Amenities

Washer, Refrigerator, Cooktop - Gas, Range - Gas, Dishwasher, Dryer, Microwave

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
24
New
MLS# 10360519
List Date
Sep 5, 2025, 11:29 p.m.
List Price
$56,000
Property Type
Sale
Bedrooms
1
Bathrooms
1
Property image
37
New
MLS# 10328162
List Date
Nov 9, 2024, 11:18 p.m.
List Price
$480,000
Property Type
Sale
Bedrooms
1
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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