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About This Home

This 3-bedroom, 2-bathroom multi-family at 1088 Sunset Drive 331 in Kelowna, BC is listed for $789,900 ($500 per sqft). Built in 2002, the home offers 1,580 sqft of living space on a N/A lot.

Agent Description

Turnkey investment opportunity in Discovery Bay, ideally positioned to maximize rental appeal. This spacious 1,580 sq ft suite is on the highly desirable amenities level, offering direct access to the pool, hot tubs, fitness room, and clubhouse—features that attract both owners and renters seeking a resort-style experience.

Designed for functionality and comfort, the open-concept living and kitchen area flows to two patios, while the well-separated bedroom layout enhances privacy for groups and families. The flexible 3-bedroom configuration supports strong occupancy potential.

Over $30,000 has been invested in upgrades, including flooring and fully updated plumbing, creating a low-maintenance, rent-ready property. The generous in-suite laundry and storage space add further convenience.

Located in Kelowna’s Cultural District, just steps from the waterfront, restaurants, cafes, and nightlife, this property offers the walkability and lifestyle consistently sought by visitors and seasonal residents.

Short-term rental regulations in Kelowna are currently under review. Buyers should verify current and future permitted uses with the City of Kelowna and strata bylaws.

Furnishings are negotiable, allowing for a seamless transition to rental use.

Note: The third bedroom does not have a window or closet.

Key Features

  • Built in 2002
  • 1 parking spaces

Property Details

1 story
2 full
1 space
2002

Amenities

View

Monthly Cost Estimate

$4,225/mo

20% down · 6.5% · 30 years

Principal$571
Interest$3,423
Insurance$230

Estimates only. Actual payments may vary.

Location

1088 Sunset Drive 331

Kelowna, BC V1Y 9W1

South Building, Cultural District

Features & Amenities

Exterior Features

Garden

Property Details

Flooring

LaminateTileTile - CeramicVinyl

Construction

Other

Views

Mountain

Parking

Underground/Basement

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 1088 Sunset Drive 331 is listed at $789,900 ($500/sqft). The estimated monthly payment is $3,423 based on 20% down at 6.5% interest.

Key features include: Built in 2002, 1 parking spaces. Exterior Features: Garden.

This property is listed by Jen Laker and can be reached at 7782152345 or jen.laker@evrealestate.com.

JL

Jen Laker

Agent at Engel & Völkers Okanagan

(778) 215-2345

Listed by Engel & Völkers Okanagan · View on Broker Site

MLS# 10381339· Source: listhub· Updated today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1088 Sunset Drive 331, Kelowna, BC V1Y 9W1

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