Kelowna is undergoing unprecedented Real Estate development growth right now reaching levels that exceed the construction boom of 2007. The City of Kelowna has approved over $500,000,000 worth of building permits in 2017 alone. This includes single family homes, retail construction, light industrial construction and multi family residential permits for townhome developments and condo developments in Kelowna.
If you are interested in learning more about current Kelowna Real Estate developments or Kelowna condo or townhome real estate that is in the planning stages please call one of our Kelowna Realtors.
Kelowna townhomes are a popular choice for families and couples moving from bigger centres like Vancouver or Calgary. Townhomes offer great locations and a tremendous amount of convenience with respect to upkeep and maintenance. With the current building trends in Kelowna and the demand for affordable housing this type of development is highly sought after. The City of Kelowna has approvals and application in for a number of new townhome projects . View the following to see some of the highlights.
Granite at McKinley Beach is a new condo and townhouse development by Acorn Communities it is currently in preconstruction at Shayler Road. Sales for available units range in price from $387,975 to $701,985. Granite at McKinley Beach has a total of 36 units, sizes range from 970 to 1545 square feet.
Kara Vista is a new townhouse development by Pentar Homes
currently under construction at 1870 Rosealee Lane, West Kelowna. The development is scheduled for completion in 2017. Sales for available units range in price from $505,000 to over $505,000. Kara Vista has a total of 68 units, sizes range from 1893 to 2311 square feet.
Gyro Beach Townhomes is a new townhouse development currently under construction at 3510 Landie Road, Kelowna. Sales for available units range in price from $699,000 to $1,240,000. Gyro Beach Townhomes has a total of 36 units, sizes range from 1399 to 1950 square feet and is a project by Scuka enterprises.
Condominiums are an excellent choice for first time home buyers or couples looking to downsize to a more manageable property from their bigger Kelowna family homes. Condos also offer a level of security that is desirable for retired couples who travel south for the winter months. Much like the townhome complexes Kelowna Condos are hot items for first time home buyers. This segment of the market in Kelowna is growing quickly as the demand in our high tech sector continues to thrive. Some top Kelowna Condo project include the following.
Siena at Sarsons is a new condo development by Mission Group Homes and is currently under construction at Lakeshore Road, Kelowna. The development is scheduled for completion in 2018. Sales for available units range in price from $339,900 to $509,900. Siena at Sarsons has a total of 65 units, sizes range from 693 to 1079 square feet.
1151 Sunset Drive is a new condo and townhouse development by Kerkoff Construction. The development is scheduled for completion in 2018. Sales for available units range in price from $389,900 to over $1,559,900. 1151 Sunset Drive has a total of 124 units, sizes range from 809 to 2157 square feet.
Central Green is currently under construction at Harvey Avenue, Kelowna. The development is scheduled for completion in 2018. Sales for available units range in price from $265,900 to over $485,900. Central Green has a total of 88 units, sizes range from 513 to 940 square feet and is developed by Mission Group Homes.
1391 Ellis Street
Above $1 Million
$500,000 to $1 Million
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.