Account Login/Registration

Access KelownaNow using your Facebook account, or by entering your information below.


Facebook


OR


Register

Privacy Policy

Obviously, this $10M penthouse is spectacular

Apparently you can put a price on seemingly priceless, extravagant and indulgent, high-elevation luxury.

It's $10 million.

That's the price tag for the jaw-dropping 4,500-square-foot penthouse perched aloft the 36-storey One Water Street skyscraper that's nearing completion in Kelowna.

It's the highest-priced condominium ever listed for sale in the Okanagan, befitting its premier address in Kelowna's tallest building.

</who>The double-size living room of the One Water Street penthouse features massive window to the lake view and a fireplace. The interiors are by celebrity designer Brian Gluckstein, who has designed many a luxury home, has a line of furniture and accessories that are sold in stores nationwide and appears regularly on Cityline morning TV.

Sotheby's International Realty Canada and JV Partnership unveiled the private listing this week.

At $10 million, the penthouse's asking price is three times as much as the previous record-breaker condo and is just shy of Kelowna's most expensive single-family home, a lakefront mansion assessed at $10.7 million.

The penthouse's chart-busting status is proof the luxury real estate and high-end recreational property market in Kelowna has expanded from waterfront and view single-family estates to include condominiums, according to Sotheby's Canada CEO Don Kottick.

</who>The penthouse covers the entire 36th floor of One Water Street's east tower, the skyscraper at right, which is the tallest building in the Okanagan.

The purchaser of this exclusivity will undoubtedly have to be filthy rich.

"We brought Sotheby's on board because this is a unique property at a high price point that will need broader, international exposure," said Henry Berezniki, managing partner of North American Development Group Group, which is building One Water Street with Kerkhoff Construction.

"After all, the buyer might be from Asia or Europe or even BC. They might make it their permanent, full-time home, or they might use it as a vacation home because they have three other homes like this around the world."

</who>The penthouse has two kitchens, one indoor (pictured) and another on the expansive, wrap-around terrace.

The finishing touches are still being put on One Water Street and the penthouse for mid-May move ins.

So the high-net-worth buyer will have the chance to customize the interior space with a final floor plan and number of bedrooms and bathrooms.

So far the interior design in the penthouse, which covers the entire 36th floor, has been done by Toronto-based celebrity designer Brian Gluckstein.

He's the guy who has finished many a luxury home, has a line of home furnishings, accessories and paint sold at stores nationwide, including Hudson's Bay, and appears regularly on Cityline morning TV.

What is for sure is the penthouse will have a separate and spacious master wing, massive living room, gourmet kitchen, swaths of windows to take in the views and sumptuous bathrooms with soaker tubs to also take in the views.

And that's just indoors.

The penthouse has an additional and generous 2,600 square feet of wrap-around outdoor living space in the sky with 360-degree water, mountain and cityscape views.

</who>The 2,600 square feet of exterior living space soaks in panoramic views of Okanagan Lake, mountains and Kelowna's cityscape.

Kerkhoff Construction and North American Development Group are building the two skyscrapers of One Water Street, the 36-storey east tower and the 29-floor west tower.

They will be Kelowna's tallest buildings, eclipsing the 26-storey Skye condo tower nearby on Sunset Drive.

In total, there are 427 condos at One Water Street priced $300,000 to $1 million for the typical ones and up to $3 million for the nine sub-penthouses on the top three floors of each tower.

Kerkhoff also built the nearby 20-storey 1151 Sunset condo tower.

</who>Bath with a view.

Kerkhoff is also in the race to have Kelowna's new tallest building with a proposal to build a 41-storey condo skyscraper at the southeast corner of Doyle Avenue and St. Paul Street.

However, the proposals of Water Street by the Park's 42-storey condo or a 46-storey skyscraper on Bertram Street just off Bernard Avenue could rise first.

One Water Street's penthouse specific website is OneWaterReserveCollection.ca.

</who>Of course, the penthouse at One Water Street has oodles of closet space.



Support local journalism by clicking here to make a one-time contribution or by subscribing for a small monthly fee. We appreciate your consideration and any contribution you can provide.


Visit our Facebook page to comment on this story.

Sign up for local eNews delivered to your inbox by 7 am every day.

Send your comments, news tips, letter to the editor, photos and videos to news@kelownanow.com.

To report a typo, send an email to news@kelownanow.com.



Weather


Mon
11℃


Tue
12℃


Wed
11℃


Thu
12℃


Fri
11℃


Sat
10℃

Top Stories

Follow Us

Follow us on Instagram Follow us on Twitter Like us on Facebook Follow us on Linkedin Follow us on Youtube Listen on Soundcloud Follow Our RSS
Privacy Policy