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Luxury Penthouse Breaks Okanagan Real Estate Record – Welcome to the crown jewel of Kelowna - ONE Water Street Reserve Collection

By Michelle Hopkins Mar 26, 2021

Once in awhile a spectacular collection of sophisticated homes comes around with a promise of uncompromising lakefront luxury living coupled with unmatched Five-Star resort-style amenities. If you have ever wanted to live in the lap of luxury, the ONE Water Street Reserve Collection, a partnership between North American Development Group and Kerkhoff, is for you.

The Reserve Collection is a selection of spacious private residences, two-bedroom lake view homes, elegant sub-penthouses, and extraordinary penthouses, within the best-selling 36 and 29-storey towers. Magnificently curated by award-winning Toronto-based Gluckstein Design, synonymous with elegant interiors, the East Tower penthouse takes the cake as the crown jewel of this exclusive collection. 

One Water - Exterior


“ONE Water Street sets a new bar as far as luxury condos go. It’s a very unique property,” says Brian Gluckstein, principal, Gluckstein Design. “The interiors take a cue from those views with incredible terraces that expand the space for a total outdoor living experience. We used a lot of natural materials that enhance the environment and we worked with a neutral palette that doesn’t compete with the view but rather is an extension of it.”

When asked about the East Tower penthouse, currently listed at $10M, the celebrated designer went on to say: “The penthouse is the ultimate in relaxed luxury with a modern point of view. The design is inspired by the spectacular location and jaw dropping views.” 

One Water - Penthouse


Each of the four collections at ONE Water Street offers its own seamless blend of traditional and contemporary architecture with soaring ceilings, superior appliance packages, floor-to-ceiling windows, wide plank engineered hardwood floors, sleek glass banisters, high ceilings, spa-inspired bathrooms, and expansive patios, balconies or yards. 

“Our goal with the ONE Water Street Reserve Collection is to provide an elevated living experience for discerning buyers seeking access to the natural beauty of B.C.’s renowned lake and wine regions, while experiencing the conveniences and amenities of luxurious condo living,” says Henry Bereznicki, Managing Partner at North American Development Group. “The penthouse is truly the crown jewel of the collection. We believe it will attract demand from a top-tier buyer looking to expand their real estate portfolio with a bespoke, landmark property.” 

One Water- Birdseye


ONE Water Street Reserve Collection is home to the record-breaking penthouse - a coveted property listed exclusively with Sotheby’s International Realty Canada. 

“The release of the landmark penthouse comes to a market at a time when local and global demand for luxury real estate in key B.C. markets is unsatiated, particularly as demand for properties in suburban, recreational and vacation destinations has soared since the start of COVID-19,” says Don Kottick, President and CEO of Sotheby’s International Realty Canada. 

Residents of ONE Water Street will enjoy exclusive access to an abundance of resort-style amenities containing everything one needs to achieve health, fitness, and relaxation at the exclusive private wellness pavilion – The Bench. Exceptionally designed, this 1.3-acre, fourth floor oasis features two outdoor swimming pools, hot tub, outdoor lounging with fire pit enclaves, health club with yoga/Pilates studio. There is also an entertainment space with fully-equipped chef kitchen, business centre, pickleball court, pet-friendly park, and guest suites. At The Bench, you can entertain close friends while enjoying sweeping lake, city and mountain views.

One Water - Pool


When you purchase a ONE Water Street Reserve Collection residence; it’s akin to purchasing a rare piece of art in the sky. 

Discover ONE Water Street Reserve Collection - the ultimate statement in Okanagan urban living. With homes starting at $998,000, there are still opportunities to move-in this summer! The ONE Water Presentation Centre and Show Homes, located at 1001 Manhattan Dr., Kelowna, is open by exclusive appointment. For more information, or to book an appointment, call 778-940-8385 or visit  

Michelle Hopkins
Michelle Hopkins is a Vancouver-based freelance writer with extensive magazine, newspaper and online writing experience in home décor, new home developments, culinary adventures, wine, travel and more. Michelle writes for many notable publications including Real Estate Weekly and other Glacier Media Group publications, Western Living Magazine, Vancouver Magazine, Home Décor & Renovations, to name just a few. Michelle is passionate about anything to do with real estate.
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