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Lake Okanagna Realty Sets New Record for Highest Price Paid for Off Lake Property in the Okanagan

September 24th, 2016
We set a record back in May with the highest non-lakefront lot under an acre sale price in the Okanagan when we sold Lot 13 at Crawford Point for $850,000.00. We just set another record:
 
Lake Okanagan Realty Ltd. sets a new record for the highest price paid for an off-the-lake property listed in the Okanagan by selling 2295 KLO Road, Kelowna, BC.
 
http://www.casta ...

1151 Sunset Drive - Pre-sales Event Postponed

September 22nd, 2016
1151 Sunset Drive, Kelowna - the pre-sales event this Saturday for 1151 Sunset Drive has been postponed. The developers have not filed their Disclosure Statement yet. You are not allowed to take deposits without a filed Disclosure Statement. They are hoping to have it filed in the next several days and will announce a new pre-sales date.

Foreign Buyer 15% Tax - AVOIDANCE RULE

September 20th, 2016
Foreign Buyer 15% Tax - AVOIDANCE RULE
 
If you are a foreign Buyer who entered into a contract to buy a property in Vancouver that the new 15% foreign Buyer tax will be applicable to, you do NOT have the right to assign the contract with the only intent of avoiding the new tax. Believe it or not, there is an "avoidance rule" which states if you take steps to avoid the tax (i.e. a ...

Down Payment and Credit Score

September 15th, 2016

If you are thinking of buying a property in the future you need to work on saving up your down payment and improving your credit score now! It is becoming increasingly harder to obtain a mortgage in Canada.

 

A really great way to start saving up for a down payment is to open an RRSP account and start placing a set amount of money in that account every month. You are allowed to withdraw up ...

New Empty Home Tax in Vancouver

September 14th, 2016
In 2017 Vancouver will be introducing an "Empty Home" annual tax. Home owners of homes left vacant will be taxed 0.5-2% of the home's value every year.


--
Alexandra Axsen
Lake Okanagan Realty Ltd.
Managing Broker
Tel: (250) 870-2792
Fax: (778) 484-5252
Email: Alex@LakeOkanaganRealty.com

116 1855 Leckie Road, Dilworth Mountain, Kelowna, British Columbia

September 12th, 2016

I just finished uploading this House for sale, 116 1855 Leckie Road, Dilworth Mountain, Kelowna, British Columbia

Great family home providing excellent value!! This end unit town home has a tiled entrance way, with coat closet and kitchen larder, fully fitted kitchen with upgraded lighting and all appliances included. Moving through into the freshly painted and spacious living room boasting hu ...

111-6375 Whiskey Jack Road, Big White, Big White, BC

September 12th, 2016

I just sold this Acerage at 111-6375 Whiskey Jack Road, Big White, Big White, BC Big White.

View this recently sold Acerage or see all my home sales

25 1985 Burtch Road, North Kelowna, Kelowna, British Columbia

September 12th, 2016

I just sold this House at 25 1985 Burtch Road, North Kelowna, Kelowna, British Columbia North Kelowna.

View this recently sold House or see all my home sales

200-236 Feathertop Way, Big White, British Columbia

September 6th, 2016

I just sold this Land at 200-236 Feathertop Way, Big White, British Columbia .

View this recently sold Land or see all my home sales

749 Wilson Avenue, North Kelowna, Kelowna, British Columbia

September 2nd, 2016

I just sold this House at 749 Wilson Avenue, North Kelowna, Kelowna, British Columbia North Kelowna.

View this recently sold House or see all my home sales

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