Around Kelowna there is demand for development in places such as the Landmark area, Orchard Park Mall, certain parts of Glenmore and McKinley, planners now say it’s time to look at Kelowna as a series of hubs and spokes with satellite clusters feeding into larger centres. There are however appeals for cycle paths to connect these future hubs and a majorty that want to see less vehicles on the roads.

I agree that it would be a major step in the right direction if future plans allowed people to live their lives without having to jump into a car every five minutes to get even the most basic things accomplished….now where’s my bike!!

Entering the development is by way of a vineyard which has been planted on 8 of the 12 acres by Quails Gate Winery. Once through the vineyard you’ll discover a private lakefront community consisting of 20, 4 bedroom townhomes located on the shores of Lake Okanagan.

While homeowners prepare to enjoy their first summer at Waterfront, as of May 31st, prospective homeowners will be able to view a fully outfitted Showhome.

The contemporary townhomes have stunning 30ft glass tower entrances, affording beautiful views of the lake, and for the boat owners a among you a premium boat deck with 1 slip per household……bring on the Okanagan summer.

Kelowna real estate

]]> http://www.kelownarealestatemag.com/2009/05/22/the-waterfront-creates-a-big-splash-on-the-okanagan-lakefront/feed/ http://www.kelownarealestatemag.com/2009/04/06/green-light-for-south-pandosy-development/ http://www.kelownarealestatemag.com/2009/04/06/green-light-for-south-pandosy-development/#comments Mon, 06 Apr 2009 23:22:06 +0000 Kelowna Real Estate Kelowna Real Estate New Developments Condos http://www.kelownarealestatemag.com/2009/04/06/green-light-for-south-pandosy-development/ The Kelowna Real Estate market received a welcome boost this week as a new condo development was given the thumbs up by the City of Kelowna. The new building for the South Pandosy district would be a mix of retail, office and residential components.

The proposed six-storey development in the 500 block of Osprey Avenue was endorsed by the members of the city‘s advisory planning commission,“It‘s good to see projects like this still coming along for consideration,” APC chairman Barry Braden. “With everything that‘s going on in the economy, we were wondering what kind of year it was going to be for development. “Hopefully, something like this shows people have confidence in the future.” The proposed building, which city council must still approve, would have ground-floor commercial premises. Plans also show a five-storey office building on the site, as well as a four-storey condominium complex. “It‘s an urban-village concept, combining commercial, retail and residential aspects,” said Tim McLennan of CEI Architecture Planning, which is working on behalf of Dorion Developments. The project has been in the works for several years and will go forward despite the uncertain economy, though its construction, expected to start next year, may occur in phases.

South Pandosy in Kelowna has some wonderful real estate and is one my favorite parts of the city, it has a “village” feel to it with an enviable array of amenities and is situated conveniently alongside the the Okanagan Lake. There are also some other exciting condo developments in Pandosy community such as the new Caban development and a little further to the south the Playa Del Sol. A short distance is the now almost completed H2O Aquatic Centre which will add to the already excellent sporting facilities.

“Buyers are talking to mortgage brokers and bankers about getting pre approved, recognizing the opportunity to take advantage of the lowest interest rate in history. The federal incentive plans such as the home renovation tax credit and the increase to the Home Buyers Plan from a maximum of $20,000 per individual to $25,000 for first-time home buyers to draw from their RRSPs for a down payment will also help sweeten the pot for buyers.”

She says all of these factors combined with improved affordability are adding up to much more activity.

“Rate commitment periods on pre approvals for mortgages are typically 60 to 90 days. We will likely see buyers start to test the market as spring gets rolling.”

Copyright Castanet

The slow down may be a good thing, quality houses and developments will always sell make no mistake, but there seemed to be too many properties being hurriedly thrown up and ill conceived developments getting the green light that will now hopefully remain on the developers drawing board..

The Kelowna Real Estate Market won’t go down without a fight though, it still remains one of the most desirable locations in Canada to live, bring up a family or retire, just so long as you have deep pockets.

Waterscapes 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

There has been an increase in the luxury end of property development which has attracted a lot of international buyers - so what is so special about this place.

There is the lake at 78 miles long it provides beautiful vistas for those fortunate to be at a higher elevation, with a backdrop of vineyards and mountains it all adds up to quite an intoxicating mixture.

Kelowna has an international airport which has plans for expansion and Vancouver is a mere 250 miles to the West.

If you have never visited Kelowna then what are you waiting for. Oh and while you are here you must check out the Real estate.

Kelowna Real Estate

by Kristina Knight

Called “Donovan Life”, the project has garnered some interest from potential tenants and from the advertising world, and it isn’t the first such offering. The Dove soap brand hired “Desperate Housewives” star Felicity Huffman to star in webisodes last year with some success. In the ads, Huffman was transported back into classic sitcoms. For real estate, however, this is a fairly new idea and one worth taking note of.

Garry Benson, chief executive of Garrison Partners, a national real estate marketing company based in Chicago said (via the Chicago Tribune), “Historically, a third of our traffic is going to come from traditional media such as newspapers, a third from signage and a third is from other forms of outreach, such as the Internet.”

Learning how to draw potential buyers in from Internet advertising has been difficult because other than displaying static pictures on websites and describing the property, there is little a real estate broker can do. By using webisodes, developers can show real people in a real space, interacting. It is a kind of slice of life advertisement.

Tags: online advertising, webisodes