Collinson Heights: A Unique Investment Opportunity
Collinson Heights presents an exclusive investment pathway, granting early access to a forthcoming residential enclave with exceptional amenities, courtesy of Millennial Developments. This opportunity is set to make its mark in the heart of Kelowna, one of Canada’s most robust real estate markets.
Tailored Investment Options
Investors can anticipate a targeted 9% annual return on investment, alongside the potential for profit-sharing upon the conclusion of real estate sales. With three distinct investment avenues to choose from—short-term investments, income property acquisition, or securing a primary residence—Collinson Heights empowers investors to align their aspirations seamlessly.
Introducing Collinson Heights: A New Residential Landscape
Kelowna’s real estate scene is about to welcome “Collinson Heights,” as Millennial Developments recently submitted a development permit application for this ambitious project. This venture promises to bring 240 residences to life, fronting both Sutherland and Pridham avenues in the bustling Capri-Landmark district, conveniently located near Capri Centre Mall.
Diverse Housing Options
The development comprises a six-story structure, featuring six two-level townhomes along the street with private entrances and 234 condominiums spanning four stories above. The housing mix includes 147 micro suites, six studios, 40 one-bedroom units, 36 two-bedroom residences, and five three-bedroom homes.
Collinson Heights adopts a U-shaped design with a beautifully landscaped courtyard shared by all residents, fostering a strong sense of community. The project boasts a range of shared amenities, including communal lounges, a state-of-the-art gymnasium, bicycle storage, a bike repair shop, secure storage lockers, terraced green spaces on the second level, and an inviting rooftop patio and atrium.
In Harmony with Kelowna’s Evolution
As Kelowna’s surroundings continue to evolve and densify, this proposed development seamlessly aligns with the changing community landscape, poised to cater to the evolving needs of its residents. Lime Architecture’s Matt Johnston underscores the synergy, noting that the development’s prime location in the Capri-Landmark urban center complements both the city’s vision and their own, fostering a sustainable, car-light community.