Kelowna to become multi-family housing hub?

In its latest study, real estate team HM Commercial Group found that Kelowna is poised to distinguish itself in the B.C. housing market through its accelerated pace of building in the residential segment.

“Demand for all forms of housing remains exceptionally strong and the City of Kelowna favours a policy towards densification in the urban town centres, which also bodes well for more affordable forms of multi-family development,” according to the Fall 2017 HM Commercial Report.

Most notably, “the Downtown Core is experiencing a boom of high density development, with projects like the 21-storey tower at 1151 Sunset Drive (now 85% pre-sold before occupancy in Spring/Summer 2018),” the report added. “New projects like One Water Street and Live at Ella are anticipated to achieve average sales of more than $600 per square foot with the upper floors expected to reach more than $900 per square foot.”

As of the third quarter of this year, the value of multi-family building permits in Kelowna totalled $95.5M, compared to the $76.9M for the whole of 2016.

The study results indicated that up to 95% of condo buyers in Kelowna will be occupying their purchases instead of using these for investment purposes—a much different situation from 10 years ago, “when up to 70% were speculative investors.”

“[This] is an excellent sign of continued strength in the market and means more people living in the urban centres and increased vibrancy,” the report stated.

The city will also benefit from an influx of wealthy elderly Canadians, HM Commercial predicted.

“As baby boomers retire, they continue to look to the Okanagan. With fewer properties available in Vancouver, Kelowna and Victoria are benefiting,” the report said, adding that the demographic shift will also be apparent in the younger generations.

“The overflow from Vancouver, combined with all of the things Kelowna has to offer, is bringing a significantly younger demographic to the City, one that is fuelling a $1.3 Billion tech sector. 262 tech companies call Kelowna home and this number is growing every day.”

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Townhouse Open Concept *FREE Satellite TV ! West Island Montreal

Includes Heat, Hot water, Electricity, Appliances + FREE Bell Satellite TV service! Our spacious 3 bedroom townhouses feature renovated kitchen, large living room, 2 bathrooms, many closets, appliances including dishwasher, private terrasse and much more. 

In the heart of Pointe-Claire, Complex Southwest One is the perfect place whether you are moving on your own, with a family, or into the glories of active retirement. 

Our Townhouses: 

Many renovated models with great layouts 
Spacious rooms with wood flooring 
Ceramic Tiles in Kitchen and Bathroom 
Patio doors lead onto private terrasse 
Freshly Painted 
Appliances included 
Heat, Electricity and Hot Water Included 
FREE Bell Satellite TV Service 
Apartments also available: Bachelors, 3 ½, 4 ½, 5 ½, Penthouses and Townhouses 

Our services and amenities 

24-hour emergency service line 
On-site management and maintenance team 
Personalized service 
Cascading Family Pool & Adult Pool 
Heated Indoor Pool 
Beautifully Landscaped gardens and On-Site private park 
Recently Renovated Laundry Rooms 
Indoor/Outdoor Parking and Lockers (extra) 

Great Location 

Medical & Commercial Center are accessible through underground passages 
Across the street from Lakeshore General hospital 
Public Transport facing the complex 
Easy access to highways 40, 20 and 13 
5 minute drive to Fairview Mall 

*Please note that dogs are not permitted 
*Furnished apartments for monthly rental: Bachelors, 3 ½, 4 ½, 5 ½, 

+++ CALL OR EMAIL TODAY FOR A VISIT! 1-888-906-8162 +++ 

Rental office 
205, rue Frobisher Drive 
Pointe-Claire, Québec H9R 4R9 

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Le loyer inclus l’électricité, l’eau chaude, le chauffage, les appareils électro-ménagers ainsi que le service par satellite Bell GRATUIT! Superbes modèles spacieux avec cuisine rénovée, grand salon, 3 c.à.c., 2 salles de bain, plusieurs garde-robe, appareils électro-ménagers incluant un lave-vaisselle et et bien plus. 

Que vous déménagiez seul, en famille ou preniez votre retraite, le Complexe Southwest One est l’endroit ideal pour chaque étape de votre vie. 

Nos Maisons de Ville: 

Plusieurs modèles rénovés 
Spacieux avec planchers de bois 
Planchers en céramique dans la cuisine et salle de bain 
Porte-patio et terrasse privée 
Fraichement peinturé 
Chauffage, électricité et eauc chaude inclus 
Service TV par satellite Bell GRATUIT 
Appartements aussi disponible: Studios, 3 ½, 4 ½, 5 ½, Penthouses 

Notre complexe et nos services 

Piscine familiale avec cascade & Piscine pour adulte 
Piscine intérieure chauffée 
Magnifiques jardins paysagés 
Salle de lavage récemment rénové 
Stationnement Intérieur/Extérieur et Casiers (en sus) 
Ligne de service 24-Heure 
Équipe de gestion et d’entretien sur place 
Service Personalisé 

Un emplacement de choix !
Centre Médical Center et Commercial accessible par voie souterraines 
En face de l’Hôpital Général du Lakeshore 
Transport en commun en face du Complexe 
A proximité des autoroutes 40, 20 et 13 
Près du centre d’achat Fairviewl 

*SVP notez que les chiens ne sont pas permis 
*Appartements meublés aussi disponible: Studio, 3 ½, 4 ½, 5 ½ 

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Bureau de Location 
205, rue Frobisher Drive

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Land with Olive Trees and Cottage located in Lakonia, GREECE

ENGLISH Text;

Land with Olive Trees and Cottage located in Molaoi, Lakonia, Greece for Sale.

Land with Olive Trees consists of 4400 sq. metres (m2), with 35 sq. metre (m2) Cottage, and contains a Water Well, and a Traditional Outdoor Baking Oven.
Central Towns with Shopping Centers and Hospitals within 5 kms.
3 Beaches towards the South, West and East also available within 5 – 7 kms.
Great Investment for the Future.
Special discounted for Sale Price; € 63,000 / ~C$ 89,000
Please Contact the Owner of the Property in Canada for additional information regarding inquiries.

Στα ΕΛΛΗΝΙΚΑ; ( In GREEK; )

Έδαφος με ελιές και εξοχικό σπίτι που βρίσκεται σε MOΛAOI, Λακωνία.

Το έδαφος είναι 4400 τετραγωνικά μέτρα (m2), και το εξοχικό σπίτι χώρας είναι 35 τετραγωνικά μέτρα (m2), με ένα φρεάτιο νερού, και ντεμοντέ υπαίθριος φούρνος.
Εκπτωτική τιμή: € 63,000 ΕΥΡΩ / ~C$ 89,000
Παρακαλώ ελάτε σε επαφή με τον ιδιοκτήτη της ιδιοκτησίας στον Καναδά για τις πρόσθετες πληροφορίες σχετικά με τις έρευνες.

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