Posted on
October 28, 2020
by
Kelowna Real Estate
The Bank of Canada held its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank is also continuing its quantitative easing (QE) program, though re-calibrated to target longer-term bonds and slightly scaled back from purchasing $5 billion per week in Government of Canada bonds to $4 billion per week. The Bank also reiterated forward guidance on future interests moves, committing to holding the policy rate at 0.25 per cent until slack in the economy is absorbed and inflation is sustainably trending at 2 per cent. In the statement accompanying the decision, the Bank noted that the Canadian economy is recovering, though at a highly uneven rate, with the pandemic particularly affecting low-income workers. Overall, the Bank expects a decline in Canadian real GDP of 5.5 per cent this year, before growing 4 per cent next year. Inflation is expected to remain below its 2 per cent target through 2022.
With the Bank committing to holding its policy rate at 0.25 per cent until slack in the economy is absorbed, and continuing its quantitative easing program of asset purchases, Canadian mortgage rates should remain at current historical lows for quite some time. Given the Bank's forward guidance on interest rates and its projection for inflation, those low rates are anticipated to remain in place until 2023, providing a significant boost to an already strong BC housing market.
Posted on
October 25, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 5054 South Ridge Drive in Kelowna.
IMMACULATE WALKOUT RANCHER AMAZING VIEWS OF THE LAKE & CITY AND DIRECTLY ACROSS THE STREET FROM SOUTH RIDGE PARK. This Home has a Very Flexible Floor PlanMaster on the Main + Den & 3 Beds Down (possibility to suite). The Home has Been Well Maintained Throughout and Flooded with Natural Light. The Kitchen has an Open Concept Plan that is Perfectly Positioned to Take in the Views of the Lake & City. The Master Bedroom is Generous in Size and has a 5 Pce Ensuite and Spacious Walk in Closet. The Main Floor also Consists of a Bright Living Room w/ Gas Fireplace, Den/Office (could be used as a 5th Bedroom) & Laundry Conveniently Located off the Garage. The Walkout Basement includes a Family Room w/ Gas Fireplace, 3 Large Bedrooms, Cold Storage & a Huge Storage Room (15x10). The Backyard of the Home Offers a Great Combination of Greenspace + Additional Parking. 5054 South Ridge Dr is Easy Living & The Perfect Place to Call Home! Pls Click on Virtual Tour (id:2493)
Posted on
October 22, 2020
by
Rob Dion and Lee Ivans
We just listed a new property located at 3030 Valentino Court in Kelowna.
STUNNING WALK OUT RANCHER WITH 2 SEPARATE DOUBLE GARAGES & TONS OF RV PARKING!! This executive home features an open concept main floor with hardwood flooring, trayed ceilings, & an expansive kitchen with stainless appliances, new tile backsplash & granite waterfall counters!! There is also a HUGE PARTIALLY COVERED DECK to take in the PANORAMIC VALLEY & MOUNTAIN VIEWS!! The spacious master bedroom has a custom fireplace & the 5 PC ensuite has heated tile floors, a huge soaker tub with access to the walk-in closet! The lower level features 2 more bedrooms, a large rec room complete with a gas fireplace with access to the lower deck with hot tub & the fenced backyard!! There is also a SEPARATE LOWER GARAGE that could also be used as a workshop!! This is truly a unique offering with 2 double garages, enough RV parking for all your toys & offers spectacular views!! (id:2493)
Posted on
October 21, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 4646 McClure Road in Kelowna.
ONE OF A KIND LOWER MISSION PROPERTY!! This well built character home features a 3 bedroom home on one side and a 2 bedroom LEGAL SUITE on the other side as well as a detached double garage/shop with power. Several up-dates have been done including a new kitchen. The house has been meticulously cared for & is in great condition however the TRUE VALUE IS IN THE LAND!! The HUGE .59 ACRE LOT CAN BE SUBDIVIDED! The City has indicated 3 LOTS "should" be an option. The location is spectacular and the property backs onto BELLEVUE CREEK with mature landscaping all around. There are lots of options with this truly amazing property - keep the current home, build one large estate or subdivide into potentially 3 lots. Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5255) of Royal LePage Kelowna for more information or visit WWW.KELOWNAHOMEFINDERS.CA.
Posted on
October 21, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 1304 1875 Country Club Drive in Kelowna.
SPOTLESS 2 BEDROOM & DEN CONDO AT PINNACLE POINT!! This bright unit features an open concept floor plan with the bedrooms located at opposite ends of the unit and has golf course & pool VIEWS! It also comes with 2 parking stalls and is conveniently located on the same floor at the OUTDOOR POOL, HOT TUB & GYM!! The development is located within minutes to the Airport, University & two Championship Golf Courses! Live in year round or take advantage of the strong rental demand for daily, weekly or monthly rentals. Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5255) of Royal LePage Kelowna for more information or visit WWW.KELOWNAHOMEFINDERS.CA.
Posted on
October 21, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 209 1795 Country Club Drive in Kelowna.
LUXURY TOWNHOUSE OVERLOOKING QUAIL RIDGE GOLF COURSE!! This 2 bed, 2.5 bath end unit features; vaulted ceilings, tons of windows for natural light, a gas fireplace, an open concept main floor with 2 bedrooms upstairs, stainless appliances & granite in the kitchen. The VIEWS from the deck are stunning to relax & enjoy the all the Okanagan has to offer! The unit comes FULLY FURNISHED with absolutely everything you need for a vacation property or to enjoy for yourself year round. The development has a beautiful OUTDOOR POOL and is located minutes from the airport, university and two championship golf courses!! Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5255) of Royal LePage Kelowna for more information or visit WWW.KELOWNAHOMEFINDERS.CA.
Posted on
October 21, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 136 1200 Cameron Avenue in Kelowna.
Looking for a ground floor townhome in one of the most desirable locations in Kelownathis is it!! This beautiful ground floor unit has a very functional layout that has lots of natural lights and only steps from all the amenities Gusiachan Village has to offer! The unit features a gas fireplace, central heating & cooling, 2 large separate patios perfect for enjoying both the morning & afternoon sunshine. There is secure U/G parking, a storage locker and the development has a wonderful pool + hot tub to enjoy! All this located in the desirable Guisachan Village with Starbucks, shopping, & markets at your fingertips! PET FRIENDLY. Lease Fee is $166.70. Call or Text THE DION-IVANS REAL ESTATE TEAM (250-575-5455) of Royal LePage Kelowna for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information.
Posted on
October 20, 2020
by
Rob Dion and Lee Ivans
We just listed a new property located at 401 1961 Durnin Road in Kelowna.
STUNNING TOP FLOOR CONDO IN BRISTOL GARDENS!! This spacious, open concept unit features almost 1,700 SF of living space with 3 beds, tons of windows to take in the MOUNTAIN VIEWS, a skylight for extra natural light & a 3 sided gas fireplace perfectly situated between the living room & dining room. The kitchen has been tastefully updated with granite counters, a huge sit up bar & stainless appliances with a gas range. Other features include; hardwood floors, a large master with an amazing spa like en-suite, an enclosed balcony which provides an ADDITIONAL 135 SF of living space & the unit is on the quiet side of the building! The location is spectacular - walking distance to all amenities & Mission Creek Greenway! (id:2493)
Posted on
October 19, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 2385 Selkirk Drive in Kelowna.
This 2 Story Dilworth Mountain Family Home is Sure to Impress! The Home has an Open Concept on the Main Floor, a Kitchen Perfect for Entertaining that includes Shaker Cabinets & Stainless-Steel Appliances! The Kitchen flows Perfectly into the Living Room that has a Cozy Gas Fireplace! The Private Backyard of the Home has a Large Deck and Backs onto Peaceful Greenspace. Upstairs has 3 Bedrooms Perfect for Families! The Master Bedroom has Relaxing Views of the Forest and is Generous in Size including a 5 pce Ensuite! The Basement has something for Everyonea Media Room, Custom Kids Play Area, Guest Bedroom and Beautifully Updated Bathroom. This Home also has RV Parking! Dilworth Mountain is One the Most Central Spots to Live in the Okanagan and this Home has the Perfect Blend for any Family! Click on the Virtual Tour! (id:2493)
Posted on
October 17, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 3510 Weston Road in Kelowna.
ELLISON FAMILY HOME WITH RV PARKING, A HUGE BACKYARD & A SUITE!! This home features 2 beds up with a 3rd bedroom downstairs as well as a 1 bedroom SUITE with a separate entrance. There is a large private deck with a pergola to enjoy a morning coffee or a family dinner. The backyard is amazing with mature trees, garden boxes and a storage shed! Other features include; a NEW ROOF, fresh paint upstairs & tons of parking for all your toys!! Ellison Elementary School and Scotty Creek Park are both within walking distance! (id:2493)
Posted on
October 8, 2020
by
Rob Dion and Lee Ivans
We just listed a new property located at 635 Fraser Road in Kelowna.
DEVELOPMENT POTENTIAL!! This 3 bed, 2 bath home sits on a HUGE 87' X 168' .34 ACRE LOT!! There are several possible options with this property... add a carriage house, or build secondary dwelling and stratify the lot. Several homes in the area have already added a carriage house or stratified the lot. The house has some updates including new windows and features a detached garage & 2 driveways for extra parking! The location is central to schools, shopping and parks! (id:2493)
Posted on
October 1, 2020
by
Rob Dion and Lee Ivans
We just SOLD a property located at 105 4350 Ponderosa Drive in Peachland.
GROUND FLOOR UNIT OFFERING PANORAMIC LAKES VIEWS!! This 2 Bed + 2 Bath Home Provides the ULTIMATE Okanagan Lifestyle! Only minutes to Peachland, Okanagan Lake and Shopping. The Home has Been Built with Quality Throughout Hardwood Floors, Stainless, Appliances, Granite Countertops, Shaker Cabinets, Gas Fireplace & In-Floor Heating. This Ground Floor Unit has a Large Over-sized Covered Patio (240 Sq.Ft) while Flowing Out Perfectly to Greenspace all while Enjoying Unobstructed Lake view's! The Home comes with a Private Detached Single Car Garage w/ a Rare Man-Door and is only Steps Away from the Unit. Eagles View Development has many amenities to be Enjoyed by the Owners Games Room, Gym, Media Room, Full Kitchen + RV Parking! (id:2493)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.