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The Kelowna Market - September 2nd, 2016

All payments are estimates based on the nation's leading lending rate (offered by Centum Primo, exclusive to Centum), plus estimates of monthly payment costs (mortgage payment, 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, or fill out the 15 Minute Mortgage widget below.

440 Perth Road - Open house Sunday Sept 11. 12-2

Our first feature going into this weekend is ideally located on a quiet street off Hollywood Road, making it only a short walk to the Rutland towncenter shopping area, and right beside Hollywood Park. This beatiful 4 bedroom 2 bath family home has plenty of space, with two family rooms inside and a gorgeous back yard oasis featuring an above ground pool and great littly patio and plenty of yard space to entertain guests. Set your schedules early as there is an open house on Sunday September 11th from noon until 2. Or make an offer before then, as this house could be your home for only $30,893 upfront and ongoing monthly payments of ~$2,300. For more information or to schedule a viewing contact Lisa Moldenhauer with Century 21 Assurance Realty.

671 Rose Ave

This 5 bed 2 bath is the ideal investment property, as it is already tenanted with the upstairs rented out for $1500 and the basement for $1000 (both a bit under market), which should roughly cover the monthly mortgage expense of ~2,700. Alternatively the rental capability would make this home far more affordable for the first time home buyer expecting their family to grow over the coming years. Only blocks from the beach, and a block from the hospital, and zoned for a carriage house, there is more potential here than being utilized. To schedule a viewing or for more information contact Dave Drexel with Century 21 Assurance Realty.

4551 June Springs Road

If you were looking for space look no more, this open design 3 bedroom 2 bath home sits on over 10 acres of land overlooking Kelowna, providing beautiful valley, lake, and mountain views. The large 30+ ft deck also provides a great 30+ ft covered patio so that even in our rare rain there's plenty of outdoor space to use. Talking about space, there is also a detatched 3 car garage featuring a workshop with a 900sft carriage home above. This home will cost upfront as the nearly 7 figure asking price requires $90,610 upfront but then ongoing monthly payments will only be ~4,400, which can be made incredibly manageable should the carriage house be rented for ~1500 making payments only ~2,900 per month, only ~200 more per month than the Rose Ave feature at nearly half the listed price. For more information or to schedule a showing contact Bo Skapski of the Bo Knows Homes Desrosiers Cook Team from Century 21 Assurance Realty.

3241 McGregor Road

This large Glenrosa property is yet another ideally designed for a young family. A 5 bedroom 3 bathroom house divided into 3 upstairs bedrooms and a 2 bedroom basement suite provides a great mortgage helper. The fenced back yard backs onto Glen Canyon Park and you can hear the creek from the quiet of your back deck. To move in at asking price this home will cost you $33,000 upfront with future ongoing payments of ~$2,350 before taking any advantage of the rental income from the suite. 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

206 2130 Vasile Road - Open House Saturday Sept 3rd. 1-3

As someone who lives in the same building as aspiring musicians, I need a fake ID so I can move in to one of these places. A perfect little 1 bed, 1 1/2 bath in this 50+ building it is also perfectly located right beside the Orchard Park shopping centers which also puts it a short walk from the Parkinson Rec Centre. You're only $13,050 from being move in ready, and even with a $209 association(strata) fee your monthly costs will be ~1,300 per month. For more information or to view this home should you miss the open house, contact Kim Waldherr with Century 21 Assurance Realty.


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