Kelowna Real Estate News and Updates

Ranch For Sale in Lakeview Heights

David Beeson — Wed, 20 Oct 2010 18:30:00 GMT

Lakeview with a suite!

• 2,240 sq. ft., 2 bath, 4 bdrm ranch - MLS® $559,000 CAD - Amazing Deal

Lakeview Heights, West Kelowna - Look no further! Check out this amazing home in Lakeview Heights, over 1/3 of an acre lake view lot, fully irrigated, double garage with work bench, partially covered deck with a hot tub to take in the lake view and city lights at night!

Large yard, perfect for a pool, nice garden area,including grapes! Come inside and see the updates done to every room, soft and warm colors, hardwood floors, granite counter tops, self closing wood cabinets, tile showers, heated floors in bathrooms, large windows to take in the lake views, and wood burning fireplace for those cosy evenings.

The kitchen has top of the line LG appliances, gas range, built in fisher-pykel dishwasher, island set up with eating bar. Downstairs you find a dynamic home office set up and terrific media room, complete with wet bar and wine storage.

This home also comes with a fully self contained one bedroom suite, full kitchen and its own laundry, and private decking area. Perfect for a mortgage helper or your summer guests! Call today!

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Price Reduced on 1029 Neale Street in Lakeview Heights

David Beeson — Tue, 19 Oct 2010 19:20:00 GMT

Lakeview Heights, West Kelowna - Announcing a price reduction on 1029 Neale Street, a 2,240 sq. ft., 2 bath, 4 bdrm ranch. Now MLS® $559,000 CAD - Amazing Deal.

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USA Today article on the Okanagan proves international recognition is becoming more prevalent!

David Beeson — Wed, 16 Jun 2010 17:47:00 GMT

Great article in USA Today about the Okanagan and real estate! http://www.usatoday.com/money/economy/housing/2010-06-03-okanagan-valley-canada_N.htm...(read more)

2 Story For Sale in Valemount

David Beeson — Wed, 16 Jun 2010 17:22:00 GMT

Stunning property and business for sale!

• 4,600 sq. ft., 3 bath, 5 bdrm 2 story "Completely re-built" - MLS® $949,000 CAD - NEW PRICE!!!Valemount B&B

Valemount, Thompson Okanagan - Cougar Mountain Lodge is an expansive 4600 square foot, five bedroom log home set on four acres of prime and pristine mountain property.

UPDATE!!! The cougar mountain lodge is now licenced as a catring and banquet operation, giving further opportunity to grow and expand the business as well as added bebfits to it's existing clientele.

Cougar Mountain Lodge was entirely re-built in 2006 as an all-inclusive snowmobile lodge with accomodations for up to eight guests. Located five kilometers north of the town of Valemount; this incredible property offers direct access to Canada's finest snowmobiling, cat-skiing, helicopter skiing, river rafting and hiking. Cougar Mountain Lodge was custom built for ski and snomobile enthusiasts in mind.

For any outdoor enthusiast, the setting of Valemount and Cougar Mountain Lodge is the perfect getaway, or the perfect place to call home! The vibrant town of Valemount offers a wide range of activities throughout the year and a plethora of dining and entertainment choices. Business and development in the area are thriving with continued and up-steady growth year over year. for information on the upcoming Valemount Village Resort and Spa go to: http://www.saasfeedevelopments.com/main.php.

Cougar Mountain Lodge is a successful tourism business in operation for four years. Sale of the property also includes 1/3 partnership in Snowmobile Tour Guide Company. May also include website, proprietary logos, graphic work and other business-related info, clientele database and resources. Further information available from selling agent.

Details on the interior and exterior features can be read in the highlights below.

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Price Reduced on 4540 North Highway 5 in Valemount

David Beeson — Wed, 16 Jun 2010 17:22:00 GMT

Valemount, Thompson Okanagan - Announcing a price reduction on 4540 North Highway 5, a 4,600 sq. ft., 3 bath, 5 bdrm 2 story "Completely re-built". Now MLS® $949,000 CAD - NEW PRICE!!!Valemount B&B.

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Single Story For Sale in Downtown Kelowna

David Beeson — Mon, 29 Mar 2010 17:25:00 GMT

4 Star luxury timeshare

• 1,170 sq. ft., 2 bath, 2 bdrm single story - MLS® $299,000 CAD - Amazing property! D6,C6

Downtown Kelowna, Kelowna - Your own 4 star paradise in Kelowna. Stay in luxury at the prestigous Royal Private Residence Club. Fully furnished 2 bedroom and den unit overlooking the lake and lagoon. Cork flooring, granite countertops, fully furnished with leather couches, flat screen tv's, s/s appliances, in-suite laundry. Lake and Lagoon view from decks, one off living room, the other off master bedroom with king size bed. Stunning ensuite with soaker tub and glass shower, marble countertops, truly luxurious living. Concierge service, underground parking. Currently in rental pool, recieve the revenues or use as your own. 4 weeks per season, exchange program available throught the delta, world-wide options. Impeccably furnished, proffesional interior design, this condo should be yours.

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Single Story For Sale in Westbank

David Beeson — Mon, 29 Mar 2010 17:24:00 GMT

Large Two Bedroom

• 960 sq. ft. single story - MLS® $65,000 CAD - Great Value - reduced!

Westbank, West Kelowna - Fabulous bright and spacious two bedroom mobile on a quiet pad overlooking the valley and beneath the tower of mission hill.

This mobile has had some updates including new paint and flooring, new lighting, skylights in the living room, fresh paint outside and an updated bathroom. You will like the floor layout, the bathroom has access from the large master suite, comes with both a shower and a large soaker tub, two sinks and plenty or room to move around.

The kitchen is very large and bright, the bay windows provide a view up the the mission hill winery tower and the valley below. It features a huge amount of stage as well.

The fenced yard come with in ground sprinklers and a storage shed for your gardening needs. Enjoy your covered deck in the evenings, private and fenced yard before you slip into your private hot tub under the stars.

This park has no rental or pet restrictions, is family friendly and this home has many plusses, call today to arrange a viewing.

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3226 McIver Road in Glenrosa is Sold!

David Beeson — Mon, 29 Mar 2010 17:23:00 GMT

Glenrosa, West Kelowna - The single story at 3226 McIver Road has been sold.

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Single Story For Sale in Old Okanagan Highway

David Beeson — Mon, 29 Mar 2010 17:21:00 GMT

Oustanding value in leisure village

• 1,200 sq. ft., 2 bath, 2 bdrm single story - MLS® $349,900 CAD - Best Value in complex!

Old Okanagan Highway, Westbank - Outstanding 2 bed and 2 bath rancher in leisure village, a premiere gated community for those 55 plus. Enjoy the amenities such as the rec centre, walk to shopping and relax with the security of the gated access. This home was built in '01, and backs onto the park and walkways with a view of the fountains out the back yard, one of the best locations in the complex. In floor radiant heat, central air, gas fireplace, large kitchen and bedrooms make this an ideal home. Vaulted ceilings with an island kitchen provide a bright airy feeling as you enjoy the light that comes in from the many windows complete with vinyl blinds that open to allow the fresh air from the park flow in. This home is vacant and ready to move in, a 2 car attached garage, call for a showing today! This is NOT lease land!

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2 Story For Sale in Valemount

David Beeson — Mon, 29 Mar 2010 17:20:00 GMT

Stunning property and business for sale!

• 4,600 sq. ft., 3 bath, 5 bdrm 2 story "Completely re-built" - MLS® $990,000 CAD - Valemount B&B

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Single Story For Sale in Downtown Kelowna

David Beeson — Mon, 29 Mar 2010 17:20:00 GMT

Dowtown life at its finest!

• 1,224 sq. ft., 2 bath, 2 bdrm single story - MLS® $499,900 CAD - The Lofts, D.Town Kelowna

Downtown Kelowna, Kelowna - Luxury living in The Lofts in beautiful downtown Kelowna.

Stunning 7th floor unit with north west lake view. 1224 sq ft, open concept with New York style architecture, 2 bdrm, 2 baths.

Kitchen features stainless steel appliances, granite counters, island, mosaic tile backplash. 11 foot ceilings, hardwood floors. Living room features floor to ceiling windows, concrete pillar, limestone and plank hardwood floors, fireplace, 180 degree view of lake and downtown.

Over $50K in upgrades of the highest quality - including $12K in Hunter Douglas window coverings, limestone floors and plank hardwood floors, gas fireplace, ceramic tile in baths and laundry room, gratine counters, marble mosaic tile accents, undermount sinks and 10mm glass shower doors.

Secured entry & parking, parking stall and storage included. Amenities: fitness room and common area balcony for entertaining. Downtown living at it's best, walk to beach, arena, cultural district & shopping.

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Single Story For Sale in Trépanier

David Beeson — Mon, 29 Mar 2010 17:19:00 GMT

Fantastic opportunity in Peachland!

• single story - MLS® $1,990,000 CAD - Amazing New Price!

Trépanier, Peachland - Investors, horse lovers, builders and privacy seekers, take a close look at this!
Amazing acreage property in fabulous peachland! 69.25 acres of possibilities. Trepanier creek flows through the property, mostly flat buildable land. Heavily treed in parts, some sections sparce, mostly with pine, some fir.
Subdividable into 10acres parcels. Please call listing agent regarding number of calls for smaller parcels. Curretn zoning in place to sub divide.
easy access to the connector, currently has 2 mobiles, one single wide, the other double. sheds and workshops, home partially built of 2400 sq.ft. All buildings in great shape, currently occupied by sellers.
Call listing agent to discuss more details and pro forma investment details.

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understanding home prices

David Beeson — Sun, 21 Feb 2010 23:12:00 GMT

Buying a Home Understanding house prices A home may be one of the biggest investments you ever make. Saving up a down payment is just the first step. Find out more. Share with friends Close Email Please enter a valid e-mail address Please enter a comma delimited list of valid e-mail addresses Other ways of sharing: Tweet this on Twitter Share on Facebook Add to Delicious Submit post to Digg.com Seed this post at Newsvine Print or License Close Print this page License this story Recommend | 5 Times...(read more)

will buyers try to beat the rush?

David Beeson — Sun, 21 Feb 2010 23:05:00 GMT

Steve Ladurantaye From Thursday's Globe and Mail Published on Wednesday, Feb. 17, 2010 7:55PM EST Last updated on Saturday, Feb. 20, 2010 3:14AM EST A rush of home buyers trying to beat higher taxes and tighter mortgage regulations could pump up the housing market just as it's showing signs of cooling. The real estate market pulled back slightly in January after its record run, although both sales and prices were up sharply from the depressed levels of a year ago. Economists believe, however,...(read more)

thinking of moving? nows the time...

David Beeson — Sun, 21 Feb 2010 23:00:00 GMT

Rob Carrick From Saturday's Globe and Mail Published on Friday, Feb. 19, 2010 7:57PM EST Last updated on Sunday, Feb. 21, 2010 2:53AM EST A dvice for sellers from Toronto real estate agent Laurin Jeffrey: 1. Get Moving “If anyone's thinking of selling, now's the time,” Mr. Jeffrey said “Prices are up, interest rates are down and there are slim pickings out there.” Spring is just ahead, and that's high season for buying and selling homes. Mr. Jeffrey believes...(read more)

the home price puzzle

David Beeson — Sun, 21 Feb 2010 22:58:00 GMT

Steve Ladurantaye Windsor, Ont. — From Saturday's Globe and Mail Published on Friday, Feb. 19, 2010 8:02PM EST Last updated on Sunday, Feb. 21, 2010 2:53AM EST I f there is a real estate bubble in Canada, you sure can’t see it from Drouillard Road. Three-bedroom houses in this hardscrabble neighbourhood can be had for less than $30,000. Yet there are no offers. Several houses on the busy semi-residential street sit empty, with foreclosure notices posted in their front windows. Nearby,...(read more)

my february newsletter

David Beeson — Thu, 18 Feb 2010 18:19:00 GMT

REAL ESTATE REPORT February 2010 The Kelowna area newhome constructionmarket began 2010 on a positive note. Housing starts totaled 161 homes in January, up from 17 homes a year ago, according to Canada Mortgage and Housing Corporation (CMHC). “Rental construction boosted January housing starts,” explained CMHCMarket Analyst Paul Fabri. Construction began on two rental apartment projects totaling 111 units. Last year’s fourth quarter upswing in detached home construction carried...(read more)

worried about the HST?

David Beeson — Thu, 18 Feb 2010 17:57:00 GMT

By Scott Peckford The HST has been looming large in the minds of prospective homebuyers. A recent IPSOS Reid survey indicated 40 per cent of B.C. Home Buyers believe the HST will impact their home buying plans. The question is, how big of an impact will it have? The jury is still out on exactly how the HST will affect the overall housing market. However under the current proposal a homebuyer purchasing a used or resale home will see only a marginal increase in their actual costs. According to Tony...(read more)

new mortgage rules

David Beeson — Thu, 18 Feb 2010 17:54:00 GMT

February 16, 2010 New Mortgage Rules: The Good, The Bad, The Ugly Here is the official announcement from today: Finance Department release These new rules apply to government-backed insured mortgages only. The Good: 5-Year Fixed Qualification Rates The New Rule: Borrowers will need to qualify using a 5-year fixed rate regardless of what term they choose. If you want a 1.95% variable rate, for example, you will need to show that you can afford payments at a higher fixed rate, like 4.09%. The Government’s...(read more)

Luxury homes on the move again....

David Beeson — Sat, 23 Jan 2010 14:45:00 GMT

From www.kelownadailycourier.ca Local Million-dollar homes selling again in Okanagan By Steve MacNaull Saturday, January 23, 2010 Nothing points to an improving economy like the sale of million-dollar homes. Last year, while the recession raged, it took until May for the first eight $1-million homes to sell in Kelowna. In a dramatic turnaround, eight homes have sold in Kelowna for $1 million or more in the first two weeks of this year. “The market has come alive again,” said Royal LePage...(read more)

Single Story For Sale in Glenrosa

David Beeson — Fri, 22 Jan 2010 22:07:00 GMT

fabulous home with suite

• 1,860 sq. ft., 3 bath, 4 bdrm single story - MLS® $389,900 CAD - mortgage helper!!!

Glenrosa, West Kelowna - Here it is!

Fabulous family home in Glenrosa, three bedrroms upstairs with two baths, large bedrooms, ensuite, bay windows, super spcious kitchen, private yard, extra parking for both a boat and RV, updated and well maintained, spacious living room with large bright windows and gas fireplace, this really is a must see!

All this and a 1 bedroom suite to help with the mortgage! The suite is also large, separate entrance, big kitchen and updated bathroom. previously rented for $750.00 per month, now vacant with upstairs occupied by sellers.

Large .33 acre lot, private back yard, this one is a must see, ideal for famlilies looking for that mortgage helper and the perfect floor plan!

Call today!

Property information

Price Reduced on 3226 McIver Road in Glenrosa

David Beeson — Fri, 22 Jan 2010 22:07:00 GMT

Glenrosa, West Kelowna - Announcing a price reduction on 3226 McIver Road, a 1,860 sq. ft., 3 bath, 4 bdrm single story. Now MLS® $389,900 CAD - mortgage helper!!!.

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Housing starts end year on a high note...

David Beeson — Tue, 19 Jan 2010 02:40:00 GMT

Hi there...quick note on this post, the graphs did not transfer over, if you would like them emailed to you please contact me, thanks, Dave January 15, 2010 Economic update Canada’s housing starts end 2009 on a high note ALEX CARRICK Chief Economist, CanaData 2009 can be split into two time periods when it comes to housing starts, according to the latest report from Canada Mortgage and Housing Corp. : January through July versus August through December. Seasonally adjusted monthly housing starts...(read more)

Is it a bubble or....

David Beeson — Mon, 18 Jan 2010 14:16:00 GMT

From www.kelownadailycourier.ca National Record home sales to cap off 2009 based on supply and demand, not bubble By Sunny Freeman, THE CANADIAN PRESS Friday, January 15, 2010 TORONTO - Record home sales last month are based on low supply and high demand and are more likely to drop off this year than inflate a housing bubble that could threaten a fragile recovery, economists say. A Canadian Real Estate Association report released Friday said December and the 2009 fourth quarter were the best periods...(read more)

some HST info...

David Beeson — Thu, 14 Jan 2010 14:51:00 GMT

skip to main | skip to sidebar B.C. Real Estate Law Information for Realtors, Buyers, and Sellers of Real Estate in the Province of British Columbia Thursday, January 7, 2010 HST - Key Points for Realtors HST will be chargeable on every supply of real property (including mobile homes and floating homes) in Canada. However, Used Residential Housing is an Exempt Supply and therefore resale homes will not be subject to HST (they are not subject to GST either). Generally the Vendor is liable to the government...(read more)