Thinking about buying real estate in Kelowna ? Kelowna, BC is an excellent place to live and work. Whether you're single and just starting out, looking for a place to retire, or right in the middle of building a career and raising a family, there are so many things for you to enjoy there. You can find Kelowna in the Okanagan Valley, on Okanagan Lake. It's the third largest of the metropolitan areas in British Columbia, and nearly 180,000 people call it home. There are a lot of other communities nearby, too, like Vernon, Peachland, Penticton, and Summerland. Incorporated in 1905, Kelowna has seen steady growth since that time. Living in Kelowna gives you access to great restaurants, shopping, and entertainment. There are 10 distinct sectors in the city, and each one has a uniqueness about it.