Kelowna Real Estate Mag was invited along to a special evening as Stacey Fenwick gave us a personal tour of the Sopa Square Discovery Centre in South Pandosy. Aj Hazzi and Joel Sherlock from Vantage West Realty were in attendance and both were equally impressed with the Sopa development.

The Sopa Square Discovery Centre is located at 3013 South Pandosy.

The real estate market in Kelowna is expected to strengthen in 2010.

According to a recent report by REMAX, house prices in Kelowna will increase about 5 per cent in 2010.

Property values in and around Kelowna fell slightly this year, but there is good news on the horizon.

Top performers in terms of unit sales appreciation in 2010 are all in Western Canada, leading the way is Kelowna with an anticipated upswing of 10 per cent in housing sales.

“Some of the greatest percentage gains were reported in Western Canadian markets in 2009, demonstrating the higher the peak the lower the valley,” says Regional Executive Vice-President, Elton Ash.

“That said, the recession barely registered on year-over-year activity in most major centres.”

According to the report the national average price of a home is expected to rise to $325,000 by the end of 2010, a high, never before seen in Canada.

Striking a most impressive sight rising up from Brandts creek is the Skye highrise part of the Waterscapes development in downtown Kelowna.
The contemporary styled 26 storey residential tower we’ve been informed will be due for completion in early 2010.
The Waterscapes team recently held a “roof topping off” party to mark the latest construction phase.
With sleek glass and concrete design, expansive terraces and floor to ceiling windows, residents will have
some of the most incredible views in all of the Okanagan.

skye Waterscapes - real estate kelowna

A little bit of trivia: The Skye tower will be the tallest building between the lower mainland and Calgary.

Waterscapes is the latest master planned residential development to be unveiled in Kelowna. Situated at Brandt’s Creek the former railway land will eventually accommodate luxury high rise condos and family homes. This resort like community is being developed by Ledingham McAllister. With a great location just on the fringes of the downtown core and minutes from Okanagan Lake Waterscapes is sure to be a wonderful place to work, rest and play. This part of the downtown will really benefit from the development with a new injection of life.

Waterscapes Kelowna

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The Madison is a upscale condominium development in the heart of downtown Kelowna. The architecture will be an eyecatching contemporary mix of glass, concrete and steel at the entrance to the cultural heart of Kelowna.

The suites will be a mix of classic and contemporary and will feature accesss to large outdoor living space

Madison new condo development Kelowna