Okanagan Real Estate Report - June 2013

Last month absorption for Central Okanagan Real Estate was near 17%.  This means nearly 17% of all the real estate on the market sold.  We've seen improved market conditions for retail homes and there is now less product to choose from.  Now is the time to be getting serious about investing in real estate.  

This month we're showcasing 4 real estate projects...

  • Development property zoned tourist commercial property across from Okanagan Lake in Vernon.  The property is directly across from City owned beach and is the heart of the Waterfront Neighborhood Plan.  The City is offering tax incentives for development within the Waterfront Neighborhood Plan as well as the City Center Neighborhood Plan.
  • Terravita in West Kelowna. Blowout Pricing. Exceptional craftsmanship and value for these new condos. 
  • Income Producing Chalets at Halcyon Hot Springs.  This resort on Arrow Lake in the Kootenay's manages the rentals of this investment.  They are a must see for a cash flow investor.
  • 11 acres on the highway in Sicamous.  The zoning allows for a wide variety of uses including commercial and/or residential development. 

 See the following link for the listings...


Yours Truly,

Joel Ellams

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Joel Ellams

Joel Ellams

CENTURY 21 Executives Realty Ltd.
Contact Me