HOT New property listed in Kelowna
I have listed a new property at 580 Denali Drive in Kelowna. See details here Lovingly cared for 5-bed, 3-bath executive home nestled ...
READ POSTI have listed a new property at 580 Denali Drive in Kelowna. See details here Lovingly cared for 5-bed, 3-bath executive home nestled ...
READ POSTI have listed a new property at 465 Okaview Road in Kelowna. See details here Location! Nestled in the highly sought-after Upper Mission, ...
READ POSTI have listed a new property at 265 Fir Court in Kelowna. See details here Welcome to 265 Fir Court, a meticulously maintained townhome ...
READ POSTStats for mid month November 2024 indicate that days on market are up over last year to 61 and months of inventory, and indicator for ...
READ POSTI have listed a new property at 580 Denali Drive in Kelowna. See details here Beautiful Lake, City and Mountain views from this 5 bedroom, ...
READ POSTI have listed a new property at 465 Okaview Road in Kelowna. See details here Located in sought after Upper Mission on a 0.4-acre lot ...
READ POSTI have listed a new property at 1195 Steele Road in Kelowna. See details here
If you are looking for a home in the Upper Mission area with an amazing view, then look no further. Both upper and lower front decks offer a view of the lake and downtown. As you enter the main area, you are greeted with an open concept kitchen/dining room/living room that is further complimented with a vaulted ceiling. Kitchen includes stainless steel appliances and granite counter-top. Master bedroom on upper level is large and boasts a large ensuite with double vanity as well as an enormous walk-in closet. Lower level showcases a bright family room, 2 over-sized bedrooms and a full bath. The exterior consists of a beautifully landscaped lot with front and rear deck and a single car garage. This home is a pleasure to view. (id:2493)
BCREA Mortgage Rate Forcast
After a sharp upturn to start the year, Canadian mortgage rates remained stable through the second quarter of 2021. That said, there was recently a significant change in mortgage qualifying as OSFI and the federal government implemented a new stress test rate, which is now the higher of a borrower’s contract rate plus 200 basis points and 5.25 per cent for both insured and uninsured mortgages. The ultimate impact of this change, however, is rather minimal compared with the prevailing qualifying rate of 4.79 per cent, and only lowers purchasing power by 4 to 5 per cent.
While there was little movement in mortgage rates over the past quarter, rising Canadian inflation – and the extent to which that inflation is a temporary phenomenon – is set to shape how rates evolve over the next year. The prevailing view on inflation, also held by the Bank of Canada, is tilted toward this recent inflation being a temporary phenomenon that should settle over the next year. If so, we should see an orderly unwinding of monetary stimulus with a gradual upward trajectory for mortgage rates beginning in 2022. If that view is incorrect and inflation sustains north of 3 per cent, or expectations of future inflation become unmoored, the Bank of Canada would be prompted to raise rates higher and earlier than expected. While such a scenario is unlikely, it remains a risk given current uncertainty.
I have listed a new property at 309 250 Dougall Road North in Kelowna. See details here
Bright corner unit at the front of the building. Ideally located close to shopping, bus route, banks & restaurants. Large windows allow lots of natural light. This unit has the advantage of huge closets with storage room in unit and an additional storage locker in basement. Both bedrooms are oversize and bright. Master is enhanced with his & her closets and spacious ensuite. This building is newer and well maintained. Restrictions: 55+, Rentals 3 units at a time, Pets 1 dog or 1 cat measuring 15" at shoulder. (id:2493)
I have listed a new property at 11351 Dakota Road in Lake Country. See details here
***Cul-De-Sac Lot*** Amazing Panoramic Scenery - This gracefully sloping hillside property can by yours. Your designer dream home can be built to your specification. Located in the popular district of Lake Country in the Okanagan Valley of British Columbia with no Speculation Tax. This lot has water and sewer at the lot line and offers a grand view of the lake and mountains. Close to schools, shopping, medical/dental offices and the finest of restaurants. Another amazing feature is that you will live close to Kelowna airport and the University of British Columbia, Okanagan. Priced at only $224,900, this is a fabulous opportunity to build the home of your dreams and raise your family in an up and coming neighbourhood without breaking the bank. Don't delay, call today to get all the details on this piece of Paradise. (id:2493)