OKANAGAN REAL ESTATE COMPANY

South East Kelowna is an amazing area if you are looking for an acerage close to town. Redspire Canyon is a new development 3km past Gallagher's Canyon with 106 lots that are all 1 acre or larger. It is a gated community with lots starting at $289,000. There will be three phases in this development. Phase 1 is being sold now.

 

Gespardone and Hayes have some larger acreages for sales 4.20 acres for $499,000 and 5.29 acres for $595,000.

 

South East Kelowna also has up to 12.17 acres for sale for under a million.

 

There are larger properties for sale over a million.

 

For

NEW LISTINGS:

 

990    Fuller Ave       $346,000  located in Kelowna North   1034     Chilcotin Cres.        $635,000 located on Dilworth Mountain   511    Quartz Cres.        $639,000  located in the Upper Mission   5401 - 4026    Pritchard Dr.        $779,000

Lake Country is an up-and-coming area in the Okanagan. Most of the properties in Lake Country West having stunning lake views and the prices are not that bad. They are less than Kelowna. You get a lot more for your money in Lake Country. Call or e-mail now to receive free information on top properties available in Lake Country: Alexandra@theOREC.com or 250.870.2792. Prices for a free standiing house start in the upper $300K range.

 

New Display Homes

On September 13th, Amberhill will be unveiling 2 new display homes to you. These new displays will allow you to experience 2 more of Amberhill’s colour schemes while also presenting our “D” floor plan for the first time.

Whether it is just you and the kids or you and your better-half, Amberhill’s new display homes will show you how flexible floor plans can fulfill a variety of needs, whether you’re looking for a guest room, home office or multi-purpose space.

New Hours

Starting August 30th, Amberhill’s Discovery Centre and display homes will be open daily (except

New commercial property available in Lake Country. LAKE VIEWS!!!!! Right off Highway 97. Great location. New zoning planned for area which would allow you to build a 6 story hotel! 1.44 acres. Great price at $1,995,000.

 

For more information contact Alexandra@theOREC.com or call 250.870.2792.

Investing in US real estate—beware of taxes With the recent declines in the value of US real estate and the relative strength of the Canadian dollar as compared with the US dollar, it may be an ideal time to buy property south of the border. Those who decide to take the plunge need to consider the tax consequences associated with owning US real estate. If you buy a US property and rent it out, either on a full-time or part-time basis, under American tax law the gross rent is subject to a 30 per cent withholding tax, which tenants are required to deduct and remit to the Internal Revenue Service. This is a high tax rate to pay. If you have expenses associated

Sheerwater has seen significant interest over the summer, which has translated into 2 homesites being sold in the last 30 days. The remaining homesites range in size from 2.25 to 3.18 acres and feature breathtaking views, surrounded by beautiful parks, and offer the ability to obtain private moorage, starting from $980,000.   Sheerwater’s homesites are adjacent to Knox Mountain Park, just minutes from downtown Kelowna and surrounding Okanagan wineries. A park, a lake and a dedicated greenbelt reserve frame its lands. A quiet winding road leads to a stunning, sculptured entrance that represents the unique promise of Kelowna's most prestigious

If you are looking to buy properties in the Okanagan and need an exclusive Buyer's agent to help you find your dream home please e-mail info@theOREC.com.

You're Invited to our Summer Celebration Tomorrow!   Join us from 11 AM - 4 PM on Saturday, August 23rd at Carmel Beach for our Summer Celebration and Grand Opening of this exciting new waterfront community.  At this exciting event, you'll be able to tour our new, fully decorated showhomes and recently completed 3,500 sq. ft. Beach Club, which features an outdoor pool, hot tub, fitness centre and fireside lounge.  You can also enjoy a catered lunch and refreshments while taking in the spectacular waterfront location.     Carmel Beach is a Rare Opportunity to Own a Million Dollar luxury waterfront lodge from only $289,900*   We

NEW LISTINGS: 636 - 654    Cook Rd        $409,900   65 - 2005    Boucherie Rd        $79,500   914    Laurier Ave        $519,000   221 - 2001    Hwy 97S        $150,000   12 - 4490    Gallaghers Forest        $759,000   1084    Westside Rd S        $789,000