Condo building
Revo Kelowna
Kelowna
LIVE · KELOWNA & WEST KELOWNA
Your 2026 guide to Kelowna's new homes, from downtown towers to master-planned communities. Find presale condos, townhomes and houses in the Central Okanagan.
30 neighbourhoods · 195 buildings · Updated September 2026Live guide · Go Kelowna
Photo: Stonewood Development Corp. via Google
01AT A GLANCE
The details that matter.
New construction in Kelowna for 2026 includes downtown high-rises and single-family homes in master-planned communities. Popular areas for new builds are the Upper Mission, Glenmore, and West Kelowna. Buyers can find presale opportunities for condos and townhomes, with many projects completing this year.
- New Homes
- Condos, townhomes & houses
- Key Areas
- Downtown, Upper Mission, West Kelowna
- GST on New Homes
- 5% of purchase price
- Home Warranty
- Mandatory 2-5-10 coverage
01BUILDING GUIDES
New and newer buildings.
The newest towers and communities, with profiles and what’s listed.
Condo building
Aqua Waterfront Village Tower 3
Kelowna
Condo building
Water Street by the Park
Kelowna
Condo building
Eminence at Knox
Kelowna
Condo building
Nolita
Kelowna
Condo building
Movala
Kelowna
Condo building
Mara at Pandosy
Kelowna
Condo building
Ariva
West Kelowna
Condo building
450 Parc
Kelowna
Condo building
Trellis
Kelowna
Condo building
Brooklyn at Bernard Block
Kelowna
Condo building
Sole Downtown
Kelowna
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•NEIGHBOURHOODS
Where they are.
The neighbourhoods behind the buildings: parks, patios, schools and the commute.
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•EARLY ACCESS
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- Local market notes, in plain English
•LOCAL KNOWLEDGE
Your Guide to New Construction in Kelowna
Here is everything you need to know about buying a new home in Kelowna and the Central Okanagan in 2026.
The short answer
For new homes in Kelowna, look to the master-planned communities for single-family houses and townhomes, such as The Ponds and Wilden. For apartment-style living, downtown Kelowna and the Lower Mission offer numerous new condo towers with presale opportunities.
01High-Rise Living
Downtown Towers Underway
Downtown Kelowna continues its vertical growth in 2026 with several high-rise residential towers under construction. These projects offer a range of condos, from studios to multi-bedroom homes, many with lake views and extensive amenities. Developments around the Kelowna North neighbourhood, like Water Street by the Park and others in the pipeline, are transforming the city skyline.
These new towers cater to a lifestyle where walking and cycling are the primary modes of transport. Residents are steps from the waterfront, boutique shops on Bernard Avenue, and the vibrant restaurant scene. The appeal lies in the convenience of urban living combined with immediate access to Okanagan Lake and the city's parks.
Buyers interested in this market will primarily encounter presale contracts, where a unit is purchased based on floor plans before construction is complete. Many towers that began sales in previous years are scheduled for completion in 2026, offering the first opportunity for residents to move in.
Local tips
- Ask about completion dates, as delays can be common in large-scale construction.
- Review the strata fees and what they cover, including amenities like pools, gyms, and concierge services.
- Clarify parking stall allocation and storage locker availability.
02Neighbourhood Scale
Master-Planned Communities
Beyond downtown, Kelowna's growth is shaped by large-scale master-planned communities. These neighbourhoods offer a mix of housing types, from single-family homes and lots for custom builds to townhomes and condos. They are designed with a community focus, often incorporating parks, trails, and future school sites.
In the hills of the Upper Mission, communities like The Ponds and Kettle Valley continue to expand with new phases. To the north, Wilden is British Columbia's largest master-planned community, with development expected to continue for many years. Other notable communities include the golf-centred Tower Ranch in Rutland, lakeside McKinley Beach, and Black Mountain with its expansive valley views.
These areas appeal to families and those seeking a more suburban feel with a strong connection to nature. Builders in these communities often have established design guidelines to ensure a cohesive neighbourhood look, and many offer a selection of pre-designed floor plans for buyers to choose from.
Local tips
- Visit the community at different times of day to get a feel for the atmosphere.
- Ask about the long-term community plan, including future commercial development or new amenities.
- Inquire about the selection of builders approved to construct homes within the community.
03The Process
Buying a Presale in BC
Buying a presale means purchasing a home before it is built, based on plans and a contract with the developer. In British Columbia, this process is highly regulated. After you sign a contract, you have a legally mandated seven-day rescission period, during which you can cancel the agreement for any reason and have your deposit fully refunded.
Deposits for presales are typically between 10% and 20% of the purchase price, but they are usually paid in installments over several months or longer. By law, these funds must be held in a trust account, protecting your money in case the project does not proceed. Before you sign, the developer must provide a Disclosure Statement, a comprehensive document outlining all material facts about the development.
An assignment is when the original buyer sells their contract to a new buyer before the building is completed. This is only possible if the developer allows it in the original purchase contract. Completion dates are the developer's best estimate and can be subject to delays from labour or supply chain issues; the contract will outline the terms for any such extensions.
Local tips
- Have a lawyer or notary public review the Disclosure Statement and contract during your seven-day rescission period.
- Understand the deposit payment schedule and ensure you have the funds available on the required dates.
- Clarify the developer's policy on assignments before you buy if you think you may need to sell before completion.
04The Taxes
GST and Rebates
In British Columbia, new construction homes are subject to a 5% Goods and Services Tax (GST) on the purchase price. This tax does not apply to the purchase of used residential homes. The GST is payable at the time of completion when the title of the property is transferred to you.
The federal government offers a GST New Housing Rebate for new homes intended as a principal residence. A partial rebate is available for homes priced up to $450,000. However, a separate, more substantial First-Time Home Buyers' GST Rebate was introduced, offering a full rebate on homes up to $1 million and a partial rebate for homes valued between $1 million and $1.5 million.
Buyers must also budget for the provincial Property Transfer Tax (PTT). However, a PTT exemption exists for newly built homes, which eliminates the tax for qualifying properties with a fair market value up to $1,100,000, with a partial exemption up to $1,150,000.
Local tips
- Confirm whether the advertised price for a new home includes GST or is "plus GST".
- Use an online calculator to estimate the potential GST rebate and Property Transfer Tax you may owe.
- Your lawyer or notary will manage the payment of these taxes during the closing process.
05Your Protection
The 2-5-10 Home Warranty
Nearly every new home built in British Columbia by a licensed builder comes with mandatory third-party warranty insurance. This is commonly known as the "2-5-10 warranty," which refers to three distinct coverage periods for different aspects of your home. This warranty is attached to the home, not the owner, and transfers automatically to the next owner if you sell within the coverage period.
The '2' represents two years of coverage for defects in materials and labour. This includes things like flooring, fixtures, and trim. It also covers the delivery and distribution systems for electrical, plumbing, heating, and air conditioning for 24 months.
The '5' signifies five years of coverage for the building envelope, which includes protection against unintended water penetration. This is a critical protection in BC's climate. The '10' provides a decade of coverage for the major structural components of the home, such as the foundation and frame, protecting against defects that affect its structural integrity.
Local tips
- During your final walkthrough, carefully document any issues, as this forms your first report to the builder.
- Keep detailed records and photos of any problems that arise after you move in.
- Understand the claim deadlines; you must report issues within the specific coverage period.
06Your Partner
Choosing a Builder
Selecting the right builder is one of the most important decisions you will make. Start by researching builders who are active in the neighbourhoods you are interested in. Look for a strong portfolio of past projects and positive reviews from previous clients. A builder's reputation within the local community is a valuable indicator of their quality and reliability.
In British Columbia, all builders of new homes must be licensed with BC Housing and provide the mandatory 2-5-10 home warranty. You should always verify a builder's licensing and ask for proof of their warranty enrollment and liability insurance. A professional builder will provide this information readily.
The Canadian Home Builders' Association (CHBA) is the industry's professional organization. The Central Okanagan chapter (CHBA-CO) is an excellent resource for finding reputable local builders, renovators, and designers. Membership often signifies a commitment to high professional standards.
Local tips
- Ask potential builders for references from recent clients and follow up with them.
- Ensure you have a clear and detailed written contract before any work begins or deposits are paid.
- Choose a builder whose communication style you are comfortable with; you will be working together for a long time.
•HOME PROS
The builders behind them.
Custom home builders and general contractors working across Kelowna and West Kelowna.
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•THE FULL LIST
All 45 buildings.
Search by name or street, narrow to a neighbourhood, sort by newest or biggest.
See them on the map45 buildings
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 homesKelowna South450 ParcWelcome to 450 Parc, an exclusive collection of luxury condominiums at 450 Groves Avenue, where sophisticated design meets the serene lifestyle of…Built 2023 · 20 homes
Kelowna North959 ManhattanDiscover 959 Manhattan, a distinctive four-storey residence designed for those who appreciate thoughtful architecture and a vibrant urban-waterfront…Built 2025 · 10 homes
Academy HillAcademy Hill offers a unique blend of modern design and convenient living, thoughtfully crafted for those who appreciate proximity to campus life…Built 2020 · 234 homes
Kelowna SouthAlma on AbbottDiscover Alma on Abbott, a distinctive six-storey condominium and townhome community nestled at 3051 Abbott Street in Kelowna South, offering a…Built 2025 · 87 homes
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 homesKelowna SouthAqua Waterfront Village — Tower 2Aqua Waterfront Village — Tower 2 offers a distinctive collection of residences designed for those who appreciate sophisticated lakefront living,…Built 2025 · 190 homesLower 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 homesWestbank CentreArivaAriva is a master-planned condominium community in West Kelowna, thoughtfully designed for those seeking spacious residences and an active,…Built 2023 · 200 homes
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 homesKelowna 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 homesGlenmoreEminence 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 homesKelowna SouthMara at PandosyDiscover Mara at Pandosy, a distinctive condo building in Kelowna South, offering a refined urban living experience.Built 2024 · 99 homes•STORIES
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•FAQ
Good to know
Typically, a presale deposit totals 10-20% of the purchase price. It is usually paid in several installments, such as 5% upon signing, 5% a few months later, and a final 5-10% at a later date specified in the contract.
