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Water Street by the Park and The Eli, Kelowna

Condo towers by Orchard Park Properties in downtown Kelowna, steps from City Park and Okanagan Lake. The Eli, at 42 storeys, is described by the developer as the tallest residential tower in BC's Interior.

Water Street by the Park towers beside City Park and Okanagan Lake

Image: Orchard Park Properties

The Eli tower and Okanagan Lake
The Eli
Heated pool on The Deck with the tower behind
Heated pool on The Deck
Pool deck with lake and mountain views
Pool deck with lake views
Living room with lake views
Living room
Kitchen
Kitchen
Bedroom with lake views
Bedroom

Images: Orchard Park Properties. Photos for illustration only.

Overview

DeveloperOrchard Park Properties
Address1660 Water Street, Kelowna
NeighbourhoodDowntown, next to City Park and Okanagan Lake
CommunityThree towers planned. Tower 1 and Tower 2 (The Eli, 42 storeys) are complete; the developer anticipates the Tower 3 sales launch in 2027. About 45,000 sq ft of retail and office space.
Home types1-bedroom + den, 2-bedroom and 3-bedroom + den condos. Homes start on the 7th floor.
SizesContact Russell for floor plans and sizes
StatusMove-in ready. Display suites are open for walkthroughs.
PriceContact Russell for current pricing

Details from the developer's website as of November 5, 2026.

Amenities

  • The Deck: a 6th-floor amenity level with lake views
  • Seasonal heated pool and two hot tubs
  • Lakeview gym, plus a yoga and spin room
  • Sauna and steam room
  • Putting green and golf simulator
  • Barbecues and fire pits
  • Theatre, art room, games room and lounge with kitchen
  • Kids' playroom
  • Co-working space and business centre
  • Dog run and dog wash station

About the area

Water Street by the Park sits at the south end of downtown Kelowna, right beside City Park and the lake, a few blocks from Bernard Avenue.

Lake, beaches and parks

City Park is next door: Hot Sands Beach, Kelowna's largest beach, plus a children's water park, playground, tennis and volleyball courts, a skate park and sports fields. The lakeside walkway runs north from City Park past Kerry Park and Stuart Park to Waterfront Park and its boardwalks.

Shopping, dining and entertainment

The shops, cafes and restaurants of Bernard Avenue are a short walk north. The Cultural District, with its theatres, galleries and museums, and Prospera Place, home to hockey and concerts, are about a kilometre away.

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 few blocks north, with BC Transit's 97 RapidBus to UBC Okanagan, Orchard Park and West Kelowna. Kelowna International Airport (YLW) is about 15 minutes away by car.

Water Street by the Park FAQ

Are the homes ready to move into?
Yes. Tower 1 and Tower 2 (The Eli) are complete, and the developer has display suites open for walkthroughs.
What is The Deck?
It's the shared amenity level on the 6th floor at the base of both towers, with a heated pool, hot tubs, a lakeview gym, sauna and steam room, golf simulator, lounges, a kids' playroom and a dog run.
Is parking included?
The developer says 3-bedroom + den homes include one parking stall, and parking is available to buy for other homes. Ask Russell for current details.
Can Russell Mortlock be my agent at Water Street by the Park?
Yes. Russell doesn't represent Orchard Park Properties. He can act as your buyer's agent and help you compare homes in both towers.

Get floor plans and pricing for Water Street by the Park

Tell Russell what you're looking for and he'll send you the homes that fit, with floor plans and current pricing.

Ask Russell about Water Street by the Park

« Back to Okanagan New Homes

Russell 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.

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