New Developments Kelowna | 2026-7 Kelowna Presales

New Townhomes & New Condos for Sale | Kelowna Presale Condos & Townhomes

The landscape of Kelowna real estate is undergoing a massive transformation. From luxury lakefront towers in the Downtown Cultural District and vibrant mixed-use communities in Pandosy Mission, to master-planned townhomes nestled near Knox Mountain and Glenmore, new developments offer buyers and investors an unmatched lifestyle and long-term equity growth.

Looking for new townhomes and new condos for sale in Kelowna, British Columbia, Canada? This section shows you the latest for sale and presale townhomes in Kelowna, West Kelowna, Lake Country and Peachland in 2026-27.

Check out the hottest condos and townhomes for sale in Kelowna below.

Lots & New Homes Kelowna

Looking for new home developments in Kelowna, BC? Browse the latest new housing developments with single-family homes and lots for sale in Kelowna here.

Here are the best new builds & new homes for sale in Kelowna BC in 2026+

New Developments at the Municipal Level

City councils in both Kelowna and West Kelowna are driving the largest non-commercial buildouts scheduled for 2026–2027 construction timelines:

• Building Stronger Kelowna Initiative (Three Activity Centres):

  • Rutland Activity Centre: Finalized designs lead into ongoing construction spanning 2026 through 2027 for a brand-new multi-use civic and community facility.

  • Mission Activity Centre & Youth Park: Groundbreaking and core structural builds on Lakeshore/Gordon corridor sites run directly through 2025 to 2027, incorporating a new transit exchange, plaza, and indoor recreation center.

  • Glenmore Activity Centre: Construction within Glenmore Recreation Park continues into 2027, adding a neighborhood branch express library and wellness facilities.

• West Kelowna Economic Infrastructure & Housing Accelerator: City of West Kelowna is rolling out its pre-reviewed Housing Design Catalogue (duplexes and 4-plexes) tied to the municipal Housing Accelerator Fund (HAF) and Affordable Housing Grant Pilot Program. Grant windows and pre-approved plan processing run straight through December 2027 to streamline small-scale developer builds.

Rezoning & OCP Applications Slated for 2027 Action

City planning logs reflect notable private sector rezoning and Official Community Plan (OCP) amendment filings currently moving through internal staff review and referral stages:

• 437 Bay Avenue (Downtown / North End Core): Under city file DP25-0107 / OCP Amendment, applicants have submitted to amend Map 4.1 (Downtown Building Heights) to designate the property for up to 26 storeys. This application moves toward final council consideration and subsequent building permit stages heading into 2027.   

• 1684 & 1704 Loseth Rd / 1507 & 1583 Hwy 33 E (Black Mountain / Rutland Peripheral): Joint OCP/Rezoning applications (Files OCP25-0005 and Z25-0014) seek to convert Large Lot Rural Residential (RR1) and open space into Village Centre Drive-Through (VC1dt) and mixed-use commercial/residential footprints.   

• 185 Clifton Road North: Rezoning and natural environment permit applications (OCP26-0012 & DVP26-0197) are in process to subdivide and develop 23 single-family and suburban residential lots on the Clifton ridge.   

• Westbank Centre Commercial / Housing Infill (West Kelowna): Following OCP and Zoning Bylaw amendments passed by West Kelowna Council, low-density to medium-density multi-family conversions in the Westbank core and along the Byland corridor are moving from land-use approvals into active site servicing for 2027. 

Small-Scale Multi-Unit Housing (SSMUH) Infill Batches

Under municipal zoning updates implementing provincial Bill 44 mandates, the vast majority of new 2027 housing starts on city logs are infill applications bypassing traditional public hearings:

• Location Clusters: Active permit queues are heavily concentrated in established urban cores—specifically Rutland (e.g., Gerstmar Rd, Dougall Rd N), Springfield/Spall, and Glenmore Drive. These project files represent the primary segment moving from municipal application status to active site clearing in late 2026/early 2027.

• Standardized Infill Permits: Kelowna and West Kelowna planning counters have seen a high density of MF1 (Small-Scale Multiple Family) applications for 4-unit to 6-unit multiplexes replacing aging single-family lots.

  
  

4 Critical Steps Before Buying a Kelowna Presale

1. Get VIP First-Access: Major developments sell their best floor plans and lowest price tiers during VIP preview events before opening to the general public.

2. Review the Disclosure Statement: The B.C. Real Estate Development Marketing Act (REDMA) grants buyers a 10-day statutory rescission window to review building specs, rental bylaws, pet restrictions, and developer track records.

3. Understand Rental & Speculation Bylaws: With B.C.'s provincial short-term rental guidelines and Speculation Tax rules, ensure your intended property use aligns with current municipal regulations.   

4. Partner with an Independent Agent: Buying directly from a developer's sales team means you are unrepresented. Working with a dedicated buyer's agent costs you $0 and guarantees your financial interests are protected throughout negotiation and assignment clauses.

About Townhome & Condo Living in Kelowna, BC in 2026+

The City of Kelowna offers a dynamic urban living experience, surrounded by the stunning natural beauty of British Columbia.

Nestled in the heart of British Columbia, Kelowna continues to rank among Canada’s fastest-growing cities, drawing new residents with its unique blend of urban convenience and natural splendor. With a population now exceeding 165,000 in 2026 and a metro population approaching 250,000, Kelowna remains one of the top small cities in the country, offering a rich tapestry of experiences for families, young professionals, remote workers, and retirees alike.

Kelowna's charm lies in its year-round appeal, featuring four distinct seasons. Hot summers invite residents to explore an array of outdoor activities such as hiking, biking, and water sports, while relatively mild winters continue to attract skiing and snowboarding enthusiasts to nearby world-class resorts.

The city's economic vibrancy remains strong, with steady job growth and continued expansion in key sectors. Kelowna’s diverse economy spans healthcare, technology, construction, tourism, and agriculture, supporting a resilient and evolving job market. Major employers include Interior Health, KF Aerospace, TELUS, and a growing number of tech startups and innovation-driven companies.

For families and students, Kelowna offers a wide range of educational opportunities. Top institutions such as Aberdeen Hall Preparatory School and Kelowna Christian School, along with the University of British Columbia Okanagan and Okanagan College, contribute to a thriving and expanding academic landscape.

Outdoor enthusiasts continue to benefit from Kelowna’s four-season playground, with easy access to lakes, mountains, parks, and forests. From the shores of Okanagan Lake to the slopes of Big White Ski Resort, the region offers endless recreational possibilities. Kelowna is also internationally recognized for its thriving wine industry. Award-winning wineries such as Mission Hill Family Estate Winery and Quails' Gate Winery continue to elevate the region’s reputation as a premier wine destination.

The city’s lifestyle extends to its growing culinary and cultural scene. Residents enjoy a wide variety of restaurants, craft breweries, and cafes, along with a vibrant calendar of events, concerts, and sports. Local favorites include Kelowna Rockets games at Prospera Place and an expanding arts and entertainment community.

As Kelowna continues to grow into 2026, its real estate market remains active, with significant new developments including high-rise condos, master-planned communities, townhomes, and purpose-built rentals. Diverse neighborhoods offer a range of lifestyles, from urban waterfront living to family-friendly suburban communities. Whether you seek outdoor adventure, career opportunities, quality education, or a vibrant and welcoming community, Kelowna continues to stand out as one of Canada’s most desirable places to call home.

Why Buy Pre-Construction in the Central Okanagan?

• Capital Appreciation Before Completion: Securing a property at today's presale prices allows you to build equity throughout the construction phase before ever taking possession or paying a mortgage.

• Deposit Structure Flexibility: Instead of putting down 20% upfront, presales typically allow buyers to spread deposits over 12 to 24 months in structured installments.

• Modern Architecture & Full Warranties: Brand-new construction gives you access to EV-ready parking, resort-style amenities, high-efficiency mechanical systems, and protection under B.C.’s 2-5-10 Year New Home Warranty.

• Custom Customization: Buying early in the release phase allows you to choose your preferred floor plan, floor height, view corridor, and interior color palette.