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Aerial view of Kelowna, overlooking the city's central Capri-Landmark commercial district

New Condo Developments in Capri-Landmark, Kelowna BC: A Buyer's Guide

Capri-Landmark brings offices, retail and newer condo buildings into one district. Here is the City's projection and the questions a mixed-use area raises.

New Condominium Developments in Kelowna3 min read

By the Serenity team. Published , checked .

Most useful for: Hospital and downtown workers, First-time buyers.

New condo developments in Capri-Landmark, Kelowna, sit in a district that combines offices, a shopping area and a growing amount of housing. The City of Kelowna names Capri Landmark as one of its five Urban Centres.

The Official Community Plan projects 2,160 new homes there by 2041. In a mixed-use area, the building's own details matter as much as the neighbourhood's.

Short answer

New condo developments in Capri-Landmark, Kelowna, are part of a planned mix: the City names Capri Landmark one of its five Urban Centres and projects 2,160 new homes there by 2041. Buyers should check noise, parking and amenities in a mixed-use setting, and compare the building with a quieter alternative nearby.

Key numbers

New homes projected, Capri Landmark
2,160
To 2041 (City of Kelowna, 2040 OCP).
Urban Centres in the plan
5
Downtown, Capri Landmark, Midtown, Rutland and Pandosy.
Growth in Urban Centres and the Core
71%
Of the growth the City projects to 2041.
Serenity to downtown
4-minute drive
A quieter, residential setting for comparison.

Each number is read from the sources listed at the end of this guide on October 16, 2026.

What buying in a mixed urban centre means

Mixed-use areas put work and shops close to homes, which shortens many trips. They also bring more traffic, noise and commercial activity than a residential street. The City's plan favours this form: it expects 71% of growth to 2041 in the Urban Centres and Core Area, and describes the Urban Centres as amenity-rich, walkable places.

New homes expected by 2041, by growth areaCapri Landmark is highlighted. Source: City of Kelowna, 2040 Official Community Plan, Table 2.5 (opens in a new tab).
  • DowntownUrban Centre6,939
  • MidtownUrban Centre3,154
  • Core CentralCore Area3,141
  • Core GlenmoreCore Area2,988
  • RutlandUrban Centre2,883
  • Core LakeshoreCore Area2,463
  • DilworthSuburban2,453
  • Core RutlandCore Area2,259
  • Capri LandmarkUrban Centre2,160
  • Core HospitalCore Area2,131
  • PandosyUrban Centre1,969
  • North EndCore Area1,844
  • Lower MissionSuburban291
Show the numbers
New homes the City of Kelowna projects to 2041, by growth area, with each area's share of the citywide total
Growth areaTypeNew homesShare of 45,000
DowntownUrban Centre6,93915.4%
MidtownUrban Centre3,1547.0%
Core CentralCore Area3,1417.0%
Core GlenmoreCore Area2,9886.6%
RutlandUrban Centre2,8836.4%
Core LakeshoreCore Area2,4635.5%
DilworthSuburban2,4535.5%
Core RutlandCore Area2,2595.0%
Capri LandmarkUrban Centre2,1604.8%
Core HospitalCore Area2,1314.7%
PandosyUrban Centre1,9694.4%
North EndCore Area1,8444.1%
Lower MissionSuburban2910.6%

The City counts all housing types, and projects 65% of new homes citywide as apartments. These are planning projections, not forecasts of what will be built or sold, and the City says actual permits will fluctuate with local real estate and land development cycles. Areas not shown, such as the rest of the suburban districts, add to the citywide total of 45,000.

Capri-Landmark in the City's plan

Capri Landmark's 2,160 projected homes are 4.8% of the City's 45,000 and rank 9th of the 13 areas in the chart. It is one of five Urban Centres, which together take 38.0% of the citywide total. Downtown is projected at 6,939, so Capri Landmark's figure is smaller but of the same kind: a district the City wants to add homes to.

New homes the City of Kelowna projects by 2041, selected growth areas
Growth areaNew homesShare of 45,000Rank of 13
Capri Landmark (Urban Centre)2,1604.8%9th
Midtown (Urban Centre)3,1547.0%2nd
Core Hospital (Core Area)2,1314.7%10th
Core Central (Core Area)3,1417.0%3rd
Pandosy (Urban Centre)1,9694.4%11th
City of Kelowna, 2040 Official Community Plan, Table 2.5. Planning projections for all housing types, not forecasts of what will be built or sold.

Getting to Capri-Landmark and back

Capri-Landmark sits on the Kelowna side of the lake, so the commute question is traffic on city streets rather than a bridge crossing. Time the trip from any building you are considering to the places you go most, at the hours you would go. For reference, Serenity is a 4-minute drive from downtown and a 6-minute drive from Kelowna General Hospital, and Kelowna International Airport is a 15-minute drive.

If a building in a busy mixed-use district is on your list, visit at rush hour and on a weekend evening. Noise, traffic and parking pressure show up at different hours, and a quiet visit at midday will not show them.

What to compare in the written plans

In a busy district, numbers on paper tell you how a building copes. Serenity's development permit report, dated June 22, 2026, lists 31 parking stalls in total, 66 long-term and 6 short-term bicycle spaces and 9 transit stops within 300 metres. Ask each Capri-Landmark developer for the same figures and compare them per home.

Then look at what is drawn rather than described. Check which way the bedrooms face, where the loading area is and how the car entrance meets the street, since those decide how much of the surrounding activity you hear.

What to check before signing

Ask how the building handles noise from the surrounding commercial uses, how parking works for residents and visitors and how many homes share the amenities. Read the disclosure statement, including the estimated completion date and the strata fee estimate, and confirm that deposits are held in trust.

A quieter alternative nearby

If you want to be central but prefer a more residential setting, Serenity sits in Central City, just east of downtown, with a 4-minute walk to groceries and a 4-minute drive to downtown. It is 33 homes at the corner of Gordon Drive and Martin Avenue, and it is in presale with pricing not yet released.

A mixed-use building checklist

Tick the items you have confirmed.

Mixed-use building checklist

For a condo in a busy urban centre.

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Living with the neighbourhood
The building

Your ticks stay in this browser and are not sent anywhere. General information, not legal or financial advice.

Questions buyers ask next

Is Capri-Landmark a growth area in Kelowna?

Yes. The City's Official Community Plan names Capri Landmark as one of five Urban Centres and projects 2,160 new homes there by 2041, out of about 45,000 needed citywide between 2021 and 2041.

What should I ask about a condo in a mixed-use area?

Ask about noise from surrounding commercial uses, how parking works for residents and visitors, how many homes share the amenities and what the strata fee estimate assumes. Then read the disclosure statement, including the estimated completion date in section 5.1.

Is Serenity in Capri-Landmark?

No. Serenity is in Central City, just east of downtown Kelowna, at 1085 Martin Avenue. It is 33 homes in a more residential setting, a 4-minute drive from downtown.

How many new homes is the City planning for Capri-Landmark?

The City's plan projects 2,160 new homes in Capri Landmark by 2041, which is 4.8% of the 45,000 it says Kelowna needs. It ranks 9th of the 13 growth areas in the City's table.

Is a mixed-use area noisier than a residential street?

Often, at some hours. Commercial deliveries, traffic and evening activity can reach upper floors as well as lower ones. Visit at rush hour and on a weekend evening, and ask how the building's windows and walls are rated for sound.

Sources

  1. 1.City of Kelowna: 2040 Official Community Plan, Planning Context (updated April 1, 2026) (opens in a new tab)kelowna.ca
  2. 2.BCFSA: Consumer Guide to Pre-sale Real Estate Purchases (opens in a new tab)bcfsa.ca

General information read from these sources on the date above, not legal, tax or financial advice.

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See the plans, then ask for the numbers.

Registering is free and does not commit you to buy. If you later sign a presale contract, BC law gives you seven days to cancel without penalty, counted from the later of signing and acknowledging the disclosure statement.