Despite being a relatively small niche, Kelowna is beginning to develop a high-end luxury condominium market.
There are currently six condos in the area listed for over a million dollars, a number that will surely grow once several downtown developments such as One Water Street finish construction.
While these units are interesting to look at, real estate professionals remind potential buyers that region's condominium market is diverse.
"Excluding downtown, we are seeing a price per square foot of approx. $415 +\- for Kelowna for new units on market," explains Darcy Nyrose of Nyrose & Associates.
"West Kelowna is more in the range of $375 per sq.ft and in downtown Kelowna we are seeing as low as $500 and up to $800 per sq.ft."
Pandosy District Penthouse - $2.6-million
This 3000 sq.ft, two bed, two bath penthouse is situated on the corner of Richter Street and Lanfranco Road with an asking price of $2,695,000.
For more photos and information, click here.
Centurian Penthouse - $2.4-million
A 4000 sq.ft penthouse featuring three bedrooms and three and a half baths is located on Gordan Drive and perched atop one of the tallest residential towers in Kelowna for an asking price of $2,488,000.
One Water Street West Tower Penthouse - $1.5-million
Part of the upcoming development's "Penthouse Collection" this 1,400 sq.ft. unit offers two beds, two full baths and panoramic lake views for an asking price of $1,559,900.
Waterscapes Penthouse - $1.2-million
This two bedroom plus den "sub-penthouse" unit offers approximately 1500 sq.ft. with 10 ft ceilings for an asking price of $1,299,000.
The Cove Lakeside Resort Penthouse - $1.2-million
Located in West Kelowna's The Cove Resort, this three bed, three bath penthouse offers 1390 sq. ft. with panoramic lake views for an asking price of $1,295,000.
Sunset Waterfront Resort Penthouse - $1.2-million
This two storey, 2531 sq.ft. penthouse is located just steps away from Okanagan Lake and has three beds and three full baths for an asking price of $1,289,000.
The Madison Penthouse - $1.1-million
Situated on the 10th floor, this 1700 sq.ft. two bdrm, den and three bath home is located in the heart of downtown Kelowna with an asking price of $1,150,000.
Sopa Square Penthouse - $1-million
This penthouse in the brand new Sopa Square development features three bedrooms, two bathrooms across 1435 sq.ft a block from the beach for an asking price of $1,009,900.