1088 Sunset Drive Unit# 331

Kelowna, British Columbia
C$768,900

Local Decision Guide

How should buyers evaluate 1088 Sunset Drive Unit# 331?

Start by reading this listing in its Kelowna context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
1088 Sunset Drive Unit# 331

Remarks

Turnkey investment opportunity in Discovery Bay, ideally positioned to maximize rental appeal. This spacious 1,580 sq ft suite is on the highly desirable amenities level, offering direct access to the pool, hot tubs, fitness room, and clubhouse—features that attract both owners and renters seeking a resort-style experience. Designed for functionality and comfort, the open-concept living and kitchen area flows to two patios, while the well-separated bedroom layout enhances privacy for groups and families. The flexible 3-bedroom configuration supports strong occupancy potential. Over $30,000 has been invested in upgrades, including flooring and fully updated plumbing, creating a low-maintenance, rent-ready property. The generous in-suite laundry and storage space add further convenience. Located in Kelowna’s Cultural District, just steps from the waterfront, restaurants, cafes, and nightlife, this property offers the walkability and lifestyle consistently sought by visitors and seasonal residents. Short-term rental regulations in Kelowna are currently under review. Buyers should verify current and future permitted uses with the City of Kelowna and strata bylaws. Furnishings are negotiable, allowing for a seamless transition to rental use. Note: The third bedroom does not have a window or closet. (id:56153)

Property Details

Apartment
Building Type
3
Bedrooms
2
Bathrooms
2002
Year Built
24 years
Age
65
Days on Site
1,580 sqft
Interior Size
C$487
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29553262 (10381339)

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Site Context

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Property Summary

Price: C$768,900

PID: 025-592-122

Days on Site: 65 days

Added to BurnabyHouse: 2026-04-02

Updated on: 2026-06-04 12:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

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Nearby Points of Interest

Parks / Green Space
BEAR CREEK PARK
About 3.4 km away
Class A · 0307 · 00

Price History

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BC Assessment

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