
$1,499,000
3700 Capozzi Road Unit# 503, Kelowna
Condo, 3 bedrooms, 2 bathrooms, 1,125 sq. ft. · MLS® 10401576
Hall Cassie Marshall Group listingSotheby's International Realty Canada
$2,495,000
Welcome to Penthouse 1 at Waterscapes—an extraordinary sky residence offering breathtaking panoramic views of downtown Kelowna, Okanagan Lake, and the surrounding mountains.
Transfer tax, down payment and the monthly payment at your lender's rate, from $2,495,000.
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculatorFully reimagined, this penthouse delivers a seamless blend of modern design and refined luxury, complemented by an expansive 1,400 sq ft rooftop terrace perfectly suited for elevated indoor-outdoor living. Inside, every detail has been thoughtfully curated to create a cohesive and sophisticated ambiance. Hydronic in-floor heating, engineered hardwood flooring, porcelain surfaces, and magnetic track lighting with integrated LED accents work in harmony throughout.
The open-concept living space is both dramatic and inviting, defined by soaring 17-foot ceilings, expansive windows, and a striking floating staircase with illuminated glass railings that leads effortlessly to the rooftop retreat. The Poliform kitchen stands as a true centrepiece, equipped with premium Gaggenau appliances, including a gas cooktop and soft-touch refrigeration, blending form and function with effortless elegance. The primary suite offers a serene escape, where stunning lake views meet a spa-inspired ensuite complete with Dornbracht fixtures, a rain shower, and a custom Poliform walk-in closet.
An additional bedroom with its own ensuite and a sleek glass-enclosed office further enhance the home’s thoughtful layout. Smart home features—including Ecobee climate control, Lutron lighting, and motorized solar shades—add convenience and comfort. Outdoors, the private rooftop terrace is prepped for an exceptional entertaining experience, with gas, power, and water connections, along with plans for a full outdoor kitchen, pergola, and fire feature.
Complete with two premium parking stalls, three storage lockers, and access to the exclusive Cascade Lounge amenities, including a pool, fitness centre, and sauna, this residence embodies elevated urban luxury.
Approximate, as the crow flies, from the listing's map point. The drive is longer.
Straight-line distances from the map point, rounded to the kilometre. The drive is longer, often around a lake.
Send the form or call me about 1075 Sunset Drive Unit# PH1.
(250) 801-9421Transfer tax, down payment and the monthly payment at your lender's rate, from $2,495,000.
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculator