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The Kelowna Market - August 22, 2016

All payments are estimates based on the nation's leading lending rate (offered by Centum Primo, exclusive to Centum), plus estimates of monthly living costs (mortgage payment, utility estimate, property tax estimate). The 'upfront' cost is made up of the downpayment and property transfer tax (which has rebates for new builds and first time home buyers).

When shopping for mortgages, rates aren't everything but by working with Centum you can be assured the best mortgage for your circumstances; for example, the listed upfront cost for each home is the needed down payment plus the property transfer tax, a tax which is rebated for first time home buyers or new builds. Talk to your mortgage broker about other savings options. Click here to fill out an application and get the process started.


970 McKay Road

The first feature going into the weekend is a beautiful West Kelowna 4 bedroom, 3 bath family home, on a large lot with suite potential. The couldn't be better for a growing family, with a great kitchen with windows overlooking the large yard with more than enough room to install a pool (I love plugging these, because growing up I always wanted one and one of the easiest times to finance them is in a purchase + improvements). The main floog has 3 well sized bedrooms including the master which features a 2 peice ensuite. The basement is already plummed for a kitchen and could be easily suited to help with mortgage payments until your family grows into the space. This particular home also provides an extra homely feel with a proper brick fireplace, a well sized enclosed deck, and a properly fully fenced yard with a play structure swingset. You could be moving into this house for only $31,943 upfront with ongoing monthly expenses of ~$2,800 per month. To schedule a viewing or for more information contact Jackie Large or Terri Ann Novello at Century 21 Assurance Realty.

3083 Lakeview Cove Road

Located in West Kelowna's gorgeous Lakeview Heights this beautiful 5 bedroom 4 bath family home is another perfect family home with a legal suite. High ceilings and large windows provide lots of natural light and the feeling of space. A great kitchen with a walk-in pantry is accompanied well by a large master with a walk in closet and a beautiful tile 5 peice ensuit. Located in a quiet cul-de-sac the backyard opens up to the forested mountainside, creating a perfect nature escape right out your back door, enjoyable from the back patio. It will cost you $63,016 to move in with future monthly expenses of ~$4,000, which can be helped quite a bit by the suite. For more information or to schedule a viewing contact Amanda Westrheim at Century 21 Assurance Realty.

200 - 567 Yates Road

The Verve is an awesome community, being near UBCO and at a bus stop makes it a real popular rental location for college students. That makes this 1 bed, 1 bath ideal for a first home and wonderful future investment property, or immediate income for the current investor. A resort style complex complete with outdoor pool, sand volleyball, BBQs, and a fenced dog area. You could be moving in for only $12,693 upfront with a $2,198 rebate available for first time home buyers makes this incredibly affordable, and will cost only ~$1,500 per month, for investors the current tenants pay $1100 per month on what will be roughly ~$1000 monthly mortgage expense. For more information or to schedule a viewing contact Amanda Westrheim at Century 21 Assurance Realty.

548 Cambridge Avenue

This cute little 1 bedroom 1 bath is only a half block from the lake! Recently renovated and a great den could easily be converted back into a second bedroom. While it doesn't feature much for interior space the space is made use of and open, and isn't lacking in modern features with surround sound in the ceiling. It also features the rare feature of being zoned RU6 and with enough yard space you could build a carriage house. The yard features a great patio and without having the aformentioned carriage house, has the space for a good sized garden shed and a ~21x13ft workshop. Though it lacks it at the moment it is also wired for a hot tub. It also has ample space for an RV. Given the features and location this little home is ideal for easy access to the Kelowna lifestyle, or as an ideal investment property with easy marketability on that same front. You could move in asap for only $31,250 upfront and ongoing monthly expenses of ~$2,700 on a 5 year variable. To schedule a viewing or for more information contact Jackie Large or Terri Ann Novello at Century 21 Assurance Realty.

970 Neptune Road

Our final feature is a great 4 bedroom 2 bath located just south of Springfeild at the top of the hill. A fully fenced yard with in ground sprinklers, along with space for an RV this home fits the Okanagan family model. Most of the interier has been renovated as recently as 2014 which provides a modern feel to the classic '70s layout. While it is ideally out of the way on a road calm enough to play road hockey on for the most part, it is also near enough to two main Kelowna arteries (Rutland Road taking you to the Rutland core, and Springfeild downtown to the lake, or up to Hwy33 and Black Mountain off to Big White). To turn this house into your home will cost $28,793 upfront with ongoing monthly expenses of ~$2,600. If you'd like to see this property, or simply for more information, contact Trevor Florko of the Welcome Home Team at Century 21 Assurance Realty.


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