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ONE Water Street, Kelowna
Two condo towers in downtown Kelowna by NADG, across from the Cultural District and a short walk from Okanagan Lake, with a private health club and a 6th-floor amenity deck.
Image: NADG
Images: NADG. Photos and renderings for illustration only.
Overview
| Developer | NADG (North American Development Group) |
|---|---|
| Location | Water Street and Ellis Street, downtown Kelowna |
| Neighbourhood | Downtown, across from the Cultural District |
| Community | Two towers, 36 and 29 storeys, with 428 homes and street-level retail on a site of about 3 acres |
| Home types | Condos. Contact Russell for home types, floor plans and sizes |
| Completion | Built. Tower 1 was occupied in 2021 and Tower 2 in 2022 |
| Price | Contact Russell for current pricing |
Details from NADG's website as of November 5, 2026.
Amenities
- Private health club with a fully equipped gym
- Yoga, Pilates, dance and stretch studios
- Two swimming pools and a large hot tub
- Pickleball and sports courts
- Dog park
- Fire pits, barbecue stations and outdoor kitchen areas
- Business centre and guest suites
- Multi-purpose entertainment room
About the area
ONE Water Street sits in the heart of downtown Kelowna, between the Cultural District and the lake. Most of what downtown offers is within a short walk.
Lake, beaches and parks
Waterfront Park, with its Island Stage, small beach and boardwalks around Rotary Marsh, is close by. The lakeside walkway runs south past Stuart Park, which has an outdoor skating rink in winter, and Kerry Park to City Park and Hot Sands Beach, Kelowna's largest beach. Knox Mountain Park, with its hiking trails and lookouts, is just north of downtown.
Arts, entertainment and dining
The Cultural District is across the street: the Kelowna Community Theatre, the Rotary Centre for the Arts, the Kelowna Art Gallery and the Okanagan Heritage Museum are all nearby, and Prospera Place hosts hockey and concerts. Bernard Avenue and the surrounding streets are lined with local shops, cafes and restaurants.
Schools
Several public schools serve downtown Kelowna. School catchments are set by School District 23, so check the catchment for a specific home with the district.
Getting around
Queensway Exchange, downtown's main transit hub, is a short walk away. BC Transit's 97 RapidBus links downtown with UBC Okanagan, Orchard Park and West Kelowna. Kelowna International Airport (YLW) is about 15 minutes away by car.
ONE Water Street FAQ
- Is ONE Water Street finished?
- Yes. NADG reports that Tower 1 was occupied in 2021 and Tower 2 in 2022.
- What amenities do residents have?
- A private health club with a gym and fitness studios, two pools and a hot tub, pickleball and sports courts, a dog park, outdoor kitchens and fire pits, a business centre and guest suites.
- How do I find a home at ONE Water Street?
- Homes in the towers come up for sale from time to time. Tell Russell what you're looking for and he'll let you know about homes that fit, with floor plans and pricing.
- Can Russell Mortlock be my agent at ONE Water Street?
- Yes. Russell doesn't represent NADG. He can act as your buyer's agent and help you compare ONE Water Street with other downtown options.
Get floor plans and pricing for ONE Water Street
Tell Russell what you're looking for and he'll send you homes that fit, with floor plans and current pricing.
Ask Russell about ONE Water StreetRussell Mortlock, PREC, Mortlock-Wilk Real Estate Group, Real Broker B.C. Ltd., does not represent the developer of this project. Project details are from the developer's website as of November 5, 2026 and may change. This is not an offering for sale. E.&O.E.