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The Okanagan Market - August 17th 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). 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.


3581 Esquire Road

Our first feature of the week is a great family home in Ellison, a short walk from both Scott Creek and the Sunset Ranch Golf and Country Club. This 4 bed 2 bath home has an in-law suite and includes a well sized yard large enough to install a pool, with a small play structure for the kids. Affordably priced, this house could be your home for as little as $31,810 upfront and ~$2,800 per month going forward. For more information or to schedule a showing contact Bo Skapski of the Bo Knows Homes Desrosiers Cook Team from Century 21 Assurance Realty.


2403 Mesa Vista Court

Few places but West Kelowna are able to offer a home like this.This 3 bed, 3 bath with the potential for a suite is not only a brief walk to the center of downtown West Kelowna, it is situated directly on Two Eagles Golf Course. If you're not playing on the course, this home feels designed to make sure you don't miss any shots anyway with large windows opening up the home to the course. The walk in pantry in the kitchen will also prove useful, you'll need it to stay stocked for the parties on your two sun decks. This home also provides some oppontunity to add your own ideal area as the basement has a bedroom, workshop, and 500 sqft of unfinished space. You could be moving into this ideally located beautiful family home for only $49,768 upfront with ongoing monthly expenses of ~$3,500. For more information or to schedule a viewing contact Craig Comeau with Century 21 Assurance Realty.


511 - 3865 Truswell Road

Here we have this blog's first penthouse feature, a large 3 bedroom 3 you'll have 500 more square feet here than in the previous featured family home on the golf course. This is a luxury home dropped on a 5 storey building providing an unobstructed front row view of the lake, with a gas stove and granite countertop to the 5 peice ensuite to the master bedroom or 700 sqft of private patio space, nothing is missed. Despite being at the mouth of Mission Creek with Okanagan Lake mere moments away, there is still a communal pool on the premises to go with the hot tub and gym. Unfortunately for many of us, the needed $228,780 upfront is a little higher than our savings accounts, fortunately for those who do, with interest rates so low the ongoing monthly expenses should be ~$5,000. These properties are rarely on the market and when they are it's rarely for long, act now by contacting Rob Nelson of Kelowna Life at Century 21 Assurance Realty.


9315 Paradise Road

On the aptly named Paradise Road, this beautiful 1 acre escape is within easy reach to make it a frequent weekend getaway spot. Only 50 minutes from Kelowna and 20 from Big White it allows you to get the jump on the hill lines through the winter, even on the locals. Even if a "cabin" wouldn't normally interest you, I recommand, no demand, you check out the photos of the spacious and beautifully designed interior. The 1 acre lot also leaves plenty of space for several outbuildings should you want to add a shop or storage shed. This 2 bedroom, 2 bath, hidaway could be yours after only $28,730 upfront and ongoing monthly paymants of ~2,000 per month (without the usual utility estimate, part time locations flutuate greatly). For more information or to schedule a viewing contact Jackie Large or Terri Ann Novello at Century 21 Assurance Realty.


901 Purcell Drive

The final feature this week is our first repeated property and a case study in why secure financing is important to obtain prior to making an offer to purchase. Financing falling through from buyers confusing a rate hold with an approval is the most common cause of a failed sale, if you haven't given anybody income documents, you haven't been approved. This home is back on the market and looking for serious buyers. An ideal family home it is a large 5 bed, 4 bath with a huge yard.  If the tedium of mowing such a large lawn scares you(unless I have a driving mower such a lawn would scare me), might I recommend you consider a mortgage for purchase plus improvements and add a pool with the help of the experts at Ever Clear Pools and Spas. The large open windows bring in a lot of natural light, helping in making the big home feel even bigger. Only a 5 minute drive to the mall or a 10 minute drive to the beachfront of downtown Kelowna this home provides a quiet community lifestyle mere minutes from all the amenities of the city.The 5 bedrooms provide opportunity to make this house far more affordable as any single room rental will substantially cut into the ~$3,400 per month this home costs after only $50,139 upfront. For viewings or more information contact Becky Hilbert with Century 21 Assurance Realty.


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