New Developments Kelowna | 2024 Guide to Condo, Townhome, and New Home Communities
Discover the newest presale and under construction Kelowna developments. Reserve your new condo or townhome with Vantage West Realty, Inc. today.
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Ascent Condos, developed by Highstreet Ventures, comprises four four-story buildings, housing a total of 298 condo units in Kelowna's idyllic Upper Mission area.
Offering a blend of sustainability, modern design, and community-focused amenities, Ascent provides residents with picturesque views and easy access to outdoor recreational areas.
Located at 1055 Frost Road, this development offers studio to three-bedroom layouts, with prices starting around $279,900 for studios and up to $729,900 for three-bedroom units.
Studio: ~406 sq ft, from $279,900.
1-Bedroom: ~659 sq ft, from $369,900.
2-Bedroom: ~957 to 981 sq ft, from $459,900.
3-Bedroom: ~1,114 sq ft, from $664,900.
Clubhouse: A communal space equipped with a gym, games area, full kitchen, and various seating options, ideal for social gatherings and events.
Outdoor Spaces:
Parking: Underground secure parking with EV-ready stalls available for upgrade, catering to residents with electric vehicles.
Pet-Friendly: The development welcomes pets, allowing residents to have their furry companions with some restrictions.
Quartz countertops in kitchens and bathrooms
Soft-close cabinetry
Stainless steel appliances
Undermount stainless steel sink in the kitchen and undermount ceramic sink in the bathroom
Units are designed to be 75% more energy-efficient than the standard building code requirements, aligning with the BC Energy Step Code
Ascent is committed to reducing its carbon footprint, incorporating solar panels and energy-efficient systems to promote sustainable living
Double Warranty: Residents benefit from an extended warranty, double the industry standard, providing coverage for materials and labor, electrical and plumbing systems, building envelope, and structural defects.
Specifically, the warranty covers:
Don’t miss out on your chance to buy at Ascent in the desirable Upper Mission area.
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Enjoy a 5-star buying experience with the best possible price and terms.
With over 1,500 successful buyer transactions, you can count on us from start to finish.
We're Vantage West Realty - Kelowna's top-rated independent real estate agency.
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Kelowna’s Scenic Hillside Community
Upper Mission in Kelowna is a sought-after neighborhood offering breathtaking views and a tranquil, upscale lifestyle. Perched above Okanagan Lake, it’s known for luxury homes and family-friendly communities nestled amid scenic vineyards and nature trails.
A Picturesque Lifestyle
Living in Upper Mission means easy access to outdoor activities, from hiking trails with panoramic lake views to vineyards like Cedar Creek Winery, perfect for weekend visits. Residents here can enjoy boating, paddleboarding, and beach days at nearby parks, making it an ideal spot for those who love the outdoors.
Connected to Amenities
Upper Mission is also conveniently located within a short drive to South Kelowna’s shopping, dining, and schools. Local amenities, including small community centers and nearby wineries, add charm to daily life. Although Upper Mission feels like a peaceful retreat, downtown Kelowna is just a 15-minute drive away, offering urban conveniences while retaining a quiet, residential atmosphere.
Mission Village at The Ponds: Located across the street, this commercial hub features retailers like Save-On-Foods and Shoppers Drug Mart, with future additions including a dollar store, dental clinic, insurance company, liquor store, and café.
Educational Institutions: Canyon Falls Middle School is just down the street, making it convenient for families.
Recreational Areas: Okanagan Lake, hiking and biking trails, wineries, and restaurants are all within a few minutes' drive, offering a plethora of leisure activities.
From 2018 to 2024, Upper Mission, Kelowna, experienced strong demand, with significant price increases, particularly for properties featuring lake and city views. As new developments continued, the area saw more custom and luxury homes, attracting buyers interested in larger properties with high-end finishes. The price of single-family homes notably surged in 2021 and 2022 due to limited inventory and the trend of remote work, which increased interest in Kelowna’s lifestyle appeal.
In recent years, there has been more emphasis on environmentally-friendly and energy-efficient construction, with newer homes meeting advanced green standards. This trend aligns with Upper Mission's reputation as an attractive and eco-conscious community. In 2024, prices have generally stabilized compared to the recent peaks but remain high due to sustained demand for the area’s outdoor amenities, upscale homes, and family-oriented environment.
Highstreet Ventures is a Kelowna-based real estate development company focused on creating eco-friendly, high-quality condos and rental properties. Known for its commitment to sustainability, the company has built over 4,200 homes that surpass local energy efficiency standards by 75%, with features like energy-efficient systems, carbon-free homes, and electric vehicle charging options. Highstreet is expanding its green building practices across British Columbia, Alberta, and the Northwest Territories, aiming for net-zero properties worth $200 million by 2024.
3340 Lakeshore Rd, Kelowna, BC V1W 3S9
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