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Kelowna

Track down presale condos by the lake or secure a single-family lot in the Central Okanagan hills.
The local real estate landscape is shifting heavily toward vertical high-rises near the water and sprawling hillside suburbs. Buyers can secure units before completion across Glenmore, the Upper Mission, and the west side of the lake. Most major residential projects currently breaking ground will finish within the next two years.
The newest towers and communities, with profiles and what’s listed.

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The neighbourhoods behind the buildings: parks, patios, schools and the commute.
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Getting keys to a freshly built home requires understanding strata laws, tax rebates, and construction timelines. Here is exactly what to expect when signing a pre-build contract.
To find single-family houses and townhomes, head up the hills to master-planned communities like The Ponds and Wilden. If you prefer high-rise apartment living, focus your search on presale concrete towers downtown or mid-rise buildings in the Lower Mission.

Cranes dominate the downtown skyline as developers push upward. These concrete buildings give buyers a chance to secure studio to multi-bedroom floor plans with lake views long before the doors open. Activity is heavy around the Kelowna North core, where projects like Water Street by the Park are actively altering the streetscape.
Owning a unit here trades yard work for walkability. You step out of the lobby directly onto flat cycling lanes leading to Bernard Avenue shops and the waterfront promenade. The main draw is immediate access to Okanagan Lake without needing a vehicle.
Most of these units are sold as presales. You sign a contract based on a digital rendering and wait for the building to finish. Several major towers that launched sales a few years ago are handing over keys this season.

Moving away from the urban core reveals massive residential tracts carved into the hillsides. These planned subdivisions mix detached houses, custom build lots, and row housing. Developers design them around future school sites, green spaces, and integrated trail networks.
Up in the Upper Mission, builders are breaking ground on new phases of The Ponds and Kettle Valley. Further north, Wilden stands as the largest planned community in British Columbia and will keep expanding for decades. You can also find golf course living at Tower Ranch in Rutland, waterfront lots at McKinley Beach, and wide valley sightlines up at Black Mountain.
These suburban pockets draw families who want quiet streets and immediate access to hiking paths. Each subdivision enforces strict design guidelines to keep the architecture consistent. Buyers usually pick from a menu of pre-approved floor plans and exterior finishes.

Securing a pre-build means you commit to a property based entirely on blueprints. British Columbia heavily regulates this transaction. Once you sign the initial paperwork, provincial law grants you a strict seven-day rescission period to back out and get your deposit back in full.
Developers usually require a deposit totaling 10 to 20 percent of the final price, broken up into staggered payments over several months. Lawyers hold this money in a trust account so it remains safe if the project collapses. Before taking your first cheque, the builder has to hand you a Disclosure Statement detailing every material fact about the site.
Sometimes buyers want to sell their contract before the building finishes, a move known as an assignment. You can only do this if the original contract explicitly allows it. Keep in mind that completion dates are just targets, and contracts always include clauses for labour shortages or supply delays.

Every freshly built residential property in British Columbia requires a 5 percent Goods and Services Tax on top of the purchase price. Used homes dodge this extra cost. You pay this tax on closing day when the title officially changes hands at the land registry.
Primary residences often qualify for federal relief. A partial GST New Housing Rebate applies to properties priced under $450,000. For first-time buyers, a separate program fully wipes out the GST on homes up to $1 million, with a sliding scale of relief up to $1.5 million.
You also need cash for the provincial Property Transfer Tax. Fortunately, Victoria grants an exemption for brand-new builds. This rule eliminates the transfer tax entirely on qualifying properties valued up to $1,100,000, and gives partial relief up to $1,150,000.

Any licensed builder in the province must attach third-party warranty insurance to a fresh build. Locals call this the 2-5-10 warranty, breaking down coverage into three distinct timeframes. The policy stays with the address, meaning it transfers to the next buyer if you sell early.
The first two years cover defects in labour and basic materials. If your baseboards peel, fixtures break, or the heating system fails within 24 months, the policy covers the repair. This also applies to electrical and plumbing distribution.
The five-year mark protects the building envelope from unintended water leaks, a crucial detail during wet Okanagan springs. Finally, the ten-year clause guards the major structural bones. If the foundation cracks or the framing shifts, you are covered for a full decade.

Picking the right construction team dictates the quality of your investment. Look at companies actively working in your target neighbourhood and walk through their previous subdivisions. A solid track record and positive word-of-mouth carry serious weight in this region.
Provincial law forces all residential builders to hold a licence with BC Housing and enroll in the mandatory warranty program. Always ask to see their specific licence number and proof of liability coverage. Legitimate contractors keep these documents ready for prospective clients.
The Canadian Home Builders' Association acts as the main professional body. The Central Okanagan chapter maintains a public directory of vetted local contractors, tradespeople, and designers. Hiring a member usually guarantees they follow standard industry practices.
Custom home builders and general contractors working across Kelowna and West Kelowna.
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Lower Mission4071 Lakeshore4071 Lakeshore is a boutique condominium building in Kelowna's Lower Mission, featuring eight penthouse-inspired homes designed for discerning…Built 2023 · 8 homes
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Kelowna SouthAqua Waterfront Village — Tower 1Experience unparalleled lakefront living at Aqua Waterfront Village — Tower 1, a premier condominium residence where sophisticated design meets the…Built 2024 · 200 homes
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Lower MissionAqua Waterfront Village Tower 3Experience refined waterfront living at Aqua Waterfront Village Tower 3, a distinguished address at 3800 Capozzi Road in Kelowna.Built 2026 · 121 homes
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Kelowna NorthBertram at Bernard BlockBertram at Bernard Block stands as a prominent residential landmark in downtown Kelowna, a testament to modern design and thoughtful urban…Built 2024 · 257 homes
Dilworth MountainBeverly at KelownaBeverly at Kelowna offers an intimate collection of residences, blending modern design with practical amenities for a refined urban experience.Built 2020 · 56 homes
Kelowna NorthBrixxBrixx offers an exclusive collection of luxury townhomes at 1308 Richter Street, designed for discerning residents seeking an elevated urban…Built 2020 · 12 homes
Kelowna NorthBrooklyn at Bernard BlockBrooklyn at Bernard Block offers a distinctive urban living experience at 1471 St.Built 2021 · 178 homes
Kelowna SouthCaban by CresseyCaban by Cressey offers a unique blend of contemporary design and resort-style amenities, creating a residential oasis directly across from Gyro…Built 2024 · 175 homes
Springfield - SpallColumbus CentreDiscover Columbus Centre, a four-storey building at 1165 Sutherland Avenue that offers a thoughtful collection of residences designed for…Built 2021 · 53 homes
Kelowna SouthCopper BeachDiscover Copper Beach, a boutique condominium building offering a refined living experience at 880 Saucier Avenue in Kelowna, BC.Built 2021 · 26 homes
Lower MissionCreek Side TerracesDiscover Creek Side Terraces, an exclusive collection of luxury townhomes in Kelowna's desirable Lower Mission.Built 2020 · 12 homes
Rutland NorthEden KelownaEden Kelowna stands as a modern residential offering at 155 Bryden Road, providing a collection of well-appointed homes designed for comfortable…Built 2020 · 152 homes
Kelowna NorthELLAExperience sophisticated urban living at ELLA, a distinctive high-rise at 1588 Ellis Street in Kelowna's dynamic core.Built 2021 · 116 homes
GlenmoreEminence at KnoxEminence at Knox is a master-planned condominium community in Kelowna, offering a balanced lifestyle where contemporary design meets the tranquility…Built 2025 · 277 homes
North GlenmoreGlenpark RowDiscover Glenpark Row, a collection of modern townhomes in Kelowna's North Glenmore, designed for those who appreciate spacious living and direct…Built 2020 · 52 homes
Lower MissionGreen Square VertDiscover Green Square Vert, a modern condo building designed for a vibrant lifestyle in Kelowna's desirable Lower Mission neighbourhood.Built 2020 · 180 homes
Lower MissionGyro Beach TownhomesPerched across from the vibrant Gyro Beach, this collection of townhomes offers a distinctive architectural presence with its modern lines and…Built 2020 · 36 homes
Kelowna SouthMara at PandosyDiscover Mara at Pandosy, a distinctive condo building in Kelowna South, offering a refined urban living experience.Built 2024 · 99 homesBuyers typically put down 10 to 20 percent of the total price. Developers structure this in stages, often asking for 5 percent at signing, another 5 percent a few months later, and the remainder closer to the completion date.