VERNON & AREA
Armstrong Enderby Lumby
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Issue 13 • July 9 - July 22, 2017
5 beds +den 3.5 baths $1,698,000
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Vernon is pleased to welcome Brodie Tulluch to our team of professionals.
Hi. I’m Brodie Tulloch, how can I help you?
Vernon
Ne
w
Ne
620 Larkspur Road mls#10137456
$589,000
Fresh, updated, and completely move-in ready Rancher! This tasteful 1865 sq ft home has 3 beds, 2.5 baths, and a flex room over the garage. Level and private yard with swim/spa.
w
474 Longspoon Place mls#10137473
$398,000
GST PAID on this 0.48 acre west facing lot with lake and valley views. Build your dream home in this quiet cul-de-sac location near the hub of Predator Ridge Golf Resort. Room for a pool!
There is no place on earth quite like the Okanagan Valley, owning property here is one of the greatest opportunities in life. I love this area and once I show you around, I’m convinced you’ll love it and want to plant roots of your own here. Vernon is a great community, one I've had the privilege to be a part of all my life and I wouldn't trade it for the world. I’ve spent the past several years constructing and renovating homes through out the Valley and use my extra time to get involved with local lake conservation projects. During college I had the opportunity to study business. Marketing and tourism were my favourite subjects to study. Real estate is my true passion and although I've only recently made the leap to the Fowler Team it’s been the best decision of my life. I’ve enjoyed just about every sport offered here in Vernon and I consider myself to be an adventure seeker. During the winter months I enjoy skiing and snowshoeing in the mountains, summer time I like to tour around on my motorcycle and boat on the many lakes the area is known best for. I enjoy creating relationships with my clients and being their trusted advisor. Buying or selling a home can be stressful, I pride myself on creating as smooth of an experience as possible. I’d like to earn your business, so call me today, I’ll work extra hard to make sure your real estate transaction is a complete success.
Brodie Tulloch 250-306-5545 tullochbrodie@gmail.com
We Help Your Business 8630 Okanagan Landing Rd mls#10125622
$899,000
Stunning, estate sized 9.3 acres above Okanagan Lake with spectacular panoramic views from a variety of building sites. Close to lake access, boat launch, and Yacht Club.
7787 Hwy 97A mls#10133435
$485,000
Lovely 3 bed, 2 bath Rancher on almost 2 acres. Includes a guest suite. Workshop, craft shop, studio, fire pit, and a beautiful forest with paths and a babbling brook. Private & enchanting.
3020 Moray St mls#10135178
$298,000
Charming 3 bedroom home, conveniently located close to downtown Armstrong. Large, level back yard; backs onto a lane. Unfinished basement for storage or expansion.
10824 Westshore Rd mls#10132463
$383,000
2 bed, 2 bath home on 0.69 acres with partly finished basement - room to grow! 25' x 35' garage/workshop with basement. Private, close to lake and plenty of outdoor recreation.
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INC
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Heidi Lussi PREC Steve Wikkerink REALTOR® Beate Schmidt REALTOR® Susan Olney Administrative Coordinator
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Vernon
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3+1 bedroom, 2 bath home with heated floors, open design kitchen & many upgrades. Level RV parking & unobstructed view. Located on quiet street. $565,800 MLS®:10137415
368 Sarsons Rd
New
4.97 acre hobby farm in Coldstream, just mins to all amenities, gently rolling land. 1987 built level entry home with full daylight basement. 3 beds / 2 bath up & fully finished on lower level. $890,000 MLS®:10136680
For ALL listings visit www.heidilussi.com
6
June 2017 June 2017
Mortgage MortgageRate RateForecast Forecast Mortgage Rate Forecast June 2017
STRONG CANADIAN ECONOMY COULD SIGNAL CHANGE IN INTEREST RATES STRONG CANADIAN ECONOMY COULD SIGNAL CHANGE IN INTEREST RATES RateCHANGE Outlook STRONG CANADIAN ECONOMY COULDMortgage SIGNAL IN INTEREST RATES HIGHLIGHTS Mortgage Rate Outlook For the past six months, the relative calm in the Canadian HIGHLIGHTS Mortgage Outlook economy mortgage rates were guided by For the meant pastRate sixthat months, the relative calm in themore Canadian • Hawkish turn atHIGHLIGHTS the Bank of Canada? external factors than domestic ones. Most prominent has by been economy meant that mortgage rates were guided more Hawkisheconomy turn at the Bank of • • Canadian heating upCanada? Canadian economy heating upmay keep • • Falling oil prices and low inflation • Hawkish turn at the Bank of Canada? on hold until 2018 • Bank Falling oil prices and low inflation may keep • Canadian economy heating up Bank on hold until 2018 • Falling oil prices and low inflation may keep Bank on hold until 2018
M ortgage R ate Forecast Mortgage Rate Forecast 2017 2018 2017 2018 Term Q1 Mortgage Q2 Q3F Rate Q4F Forecast Q1F Q2F Q3F Q4F Term 3.14Q1 3.14Q22017 Q3F3.24 Q4F3.34 Q1F3.34 Q2F Q3F3.54 Q4F 2018 1-Year 3.14 3.44 3.14 3.14 3.24 1-Year Term Q1 3.14 Q2 Q3F Q4F 3.34 Q1F 3.34 Q2F 3.44 Q3F 3.54 Q4F 5-Year Qualifying 4.64 4.64 4.64 4.64 4.74 4.74 4.74 4.84 1-Year 5-Year 3.14 3.14 3.14 3.24 3.34 3.34 3.44 3.54 Rate Qualifying 4.64 4.64 4.64 4.64 4.74 4.74 4.74 4.84
Rate 5-Year Average Qualifying 4.64 4.64 4.64 4.64 4.74 4.74 4.74 4.84 5-Year Average Rate 2.75 2.61 2.79 2.90 3.05 3.10 3.20 3.35 Mortgage 5-Year Rate 2.75 2.61 2.79 2.90 3.05 3.10 3.20 3.35 Mortgage Average Rate Source:5-Year Bank of Canada; BCREA Economics; Rate Spy 2.75 2.61 2.79 2.90 3.05 3.10 3.20 3.35 Mortgage Note: Average 5-year discounted rate is the average rate available in the market, Source: Bank of Canada; BCREA Economics; Rate Spy Rate offered at a discount from the posted 5-year qualifying rate. Note: Average 5-year discounted rate is the average rate available in the market, Source:at Bank of Canada; Economics; Spy rate. offered a discount fromBCREA the posted 5-year Rate qualifying Note: Average 5-year discounted rate is the average rate available in the market, offered at a discount from the posted 5-year qualifying rate.
Canadian Yield Curve Canadian Yield Curve Canadian Yield Curve
For the past six months, the relative calm in the Canadian factors theexternal quieting of previously bullish ones. sentiment US growth than domestic Moston prominent has been economy meant that mortgage rates were guided more by and inflation, the trillion-dollar infrastructure plan the quietingas ofneither previously bullish sentiment on US growth external factors than domestic ones. Most prominent has been norand taxinflation, cuts promised by the Trump administration have been as neither the trillion-dollar infrastructure plan the quieting of previously bullish sentiment on US growth proposed, never mind passed, despiteadministration one-party control ofbeen nor tax cuts promised by the Trump have and inflation, as neither the trillion-dollar infrastructure plan Congress. Bond markets taken noticeone-party of this inaction, proposed, never mind have passed, despite control of nor tax cuts promised by the Trump administration have been Congress. Bond markets taken notice of this inaction, dramatically revising down have expectations. Consequently, bond proposed, never mind passed, despite one-party control of dramatically revising down expectations. Consequently, bond yield spent much of the last three months sliding back toward Congress. Bond markets have taken notice of this inaction, yield spent much of the last three months sliding back toward pre-election levels. dramatically revising down expectations. Consequently, bond pre-election levels. yield spent much the last months sliding(the back toward Pushing against thisof trend, thethree US Federal Reserve Fed) pre-election levels. remains steadfast itstrend, desirethe to normalize Pushing againstin this US Federalinterest Reserverates (the Fed) asremains the US economy up against full employment. steadfastpushes in its desire to normalize interest rates Pushing against this trend, the US Federal Reserve (the Fed) The now raised rates three time infull seven months asFed thehas US economy pushes up against employment. remains steadfast in its desire to normalize interest rates and continues to signal further hikes horizon. The Fed has now raised ratesrate three timeon in the seven months as the US economy pushes up against full employment. More Bankfurther of Canada, sensing a turn in andimportantly, continues tothe signal rate hikes on the horizon. The Fed has now raised rates three time in seven months theMore economy following of strong economic importantly, thethree Bankquarters of Canada, sensing a turn in and continues to signal further rate hikes on the horizon. and job growth,following has seemingly hawkish with recent the economy three turned quarters of strong economic More importantly, the Bank of Canada, sensing a turn in speeches key policymakers designed to prime with markets and job by growth, has seemingly turned hawkish recent the economy following three quarters of strong economic forspeeches an approaching tightening cycle. Those to factors to by key policymakers designed primeseem markets and job growth, has seemingly turned hawkish with recent befor gaining significant tightening traction ascycle. rates across the short endto an approaching Those factors seem speeches by key policymakers designed to prime markets of be thegaining Canadian yield curve, including theacross benchmark 5-year significant traction as rates the short end for an approaching tightening cycle. Those factors seem to Government of Canada have the increased by about of the Canadian yieldbond curve,yield, including benchmark 5-year be gaining significant traction as rates across the short end 25Government basis pointsof inCanada a matterbond of weeks. 5-year yield is yield,The have increased bynow about of the Canadian yield curve, including the benchmark 5-year close to where it was the start of 2017,The when 5-year fixed 25 basis points in aatmatter of weeks. 5-year yield is now Government of Canada bond yield, have increased by about rates were about 30 basis points higher. close to where it was at the start of 2017, when 5-year fixed 25 basis points in a matter of weeks. The 5-year yield is now rates were about 30 basis points higher. close to the where it was at the startcontinues of 2017, when 5-yeartrend, fixed Assuming Canadian economy its current rates were about 30 basis points higher. Assuming the Canadian economy continues its current trend, the shift in the bond market means that the recent downtrend the shift in the bond market means that the recent downtrend in 5-year fixed mortgage rates offered by banks and other Assuming the Canadian economy continues its current trend, lenders willfixed likelymortgage reverse byrates the end of the summer. Overall, in 5-year offered by banks and other the shift in the bond market means that the recent downtrend welenders expect will thatlikely the posted remain unchanged 2017, reverserate by will the end of the summer.in Overall, in 5-year fixed mortgage rates offered by banks and other while discount rates gradually riseremain to justunchanged under 3 perincent we expect that thewill posted rate will 2017, lenders will likely reverse by the end of the summer. Overall, bywhile the end of the year. discount rates will gradually rise to just under 3 per cent we expect that the posted rate will remain unchanged in 2017, by the end of the year. while discount rates will gradually rise to just under 3 per cent Economic Outlook by the end of the year. Economic Outlook The Canadian economy has finally returned to good health Economic following theOutlook rapid and dramatic decline of oil prices in late The Canadian economy has finally returned to good health 2014 and thethe consequences of wildfires in Alberta last year. following rapid and dramatic decline of oil prices in late The Canadian economy has finally returned to good health Since the third of 2016,of the Canadian economy has 2014 and thequarter consequences wildfires in Alberta last year. following the rapid and dramatic decline of oil prices in late 1 Since the third quarter of 2016, the Canadian economy has 2014 and the consequences of wildfires in Alberta last year. 1 Since the third quarter of 2016, the Canadian economy has 1
BCREA Mortgage Rate Forecast
June 2017 THEREALESTATEPAGES.CA | 7
June 2017
BCREA Mortgage Raterate Forecast expanded at an average of 3.5 per cent, well above the expanded at an average rateof of1.7 3.5per percent cent,sustainable well abovelongthe Bank of Canada’s estimate Bank of Canada’s estimate of 1.7 per cent sustainable longrun growth. After posting nearly 4 per cent growth in the run growth. posting 4 perthat cent growth in the will first quarterAfter of this year, nearly we expect real GDP growth first quarter of this year, we expect that real GDP growth will slow slightly per in the second quarter expanded at to anaround average2.4 rate ofcent 3.5 per cent, well above the slow slightly to around 2.4 per cent in the second quarter with economy estimate ultimatelyofgrowing 2.5 per cent this longBankthe of Canada’s 1.7 per cent sustainable with the economy ultimately growing 2.5 per continues cent this to year and 2 per cent in 2018. If the run growth. After posting nearly 4 economy per cent growth in the year and 2 per cent in 2018. If the economy continues to accelerate, growth real GDP is higher thangrowth currently first quarterand of this year,inwe expect that real GDP will accelerate, and growth in real GDP is higher than currently expected by the Bank, slack in cent the economy couldquarter be slow slightly to around 2.4 per in the second expected by by theas Bank, slack inend the of economy could be could eliminated early as the this which with the economy ultimately growing 2.5year, per cent this eliminated bytimetable as early asfor the end of this year, which could HIGHLIGHTS pushand up the monetary tightening. year 2 per cent in 2018. If the economy continues to push up the timetable for monetary tightening. accelerate, and growth in real GDP is higher than currently • Hawkish at slack the Bank Canada? expected by theturn Bank, in theofeconomy could be • Canadian economy heating up eliminated by as early as the end of this year, which could push up the timetable tightening. • Falling oil prices for andmonetary low inflation may keep Bank on hold until 2018
June 2017 shock dissipated, there is no longer a need to keep interest shock there is noSecondly, longer a need keep in interest rates dissipated, at their current level. rapid to growth the rates at their current means level. Secondly, growth the Canadian economy that slackrapid in labour andinproducts Canadian economy means that slack in labour and products markets is being eliminated faster than expected, which markets is being faster thanon expected, which should begin to eliminated put upward inflation, shock dissipated, there is nopressure longer a need to keepwith interest should begin to put upward pressure on inflation, with a return to thecurrent Bank’slevel. 2 perSecondly, cent inflation sooner rates at their rapidtarget growth in the athan return to the Bank’s 2 per cent inflation target sooner currently projected. far,slack higher hasproducts failed Canadian economy meansSothat in inflation labour and than currently projected. So far, higher inflation has failed to materialize. The most recent reading on both total CPI markets is being eliminated faster than expected, which toinflation materialize. TheBank mostof recent reading on both totalmeasure CPI and the Canada’s preferred trend should begin to put upward pressure on inflation, with inflation andregistered the Bank of Canada’s preferred trend measure of inflation just perinflation cent. Mortgage Outlook2 a return toRate the Bank’s per1.3 cent target sooner of inflation registered just 1.3 per cent. than currently projected. So far, higher inflation has failed Muddling for monetary the recent For the pastthe sixcase months, the relativetightening calm in theisCanadian to materialize. Thefor most recent tightening reading onisboth total CPI Muddling the case monetary the recent slide in oil prices. glut of oilrates supply inguided global markets economy meant thatAmortgage were more by inflation and the Bank of Canada’s preferred trend measure slide in oil prices. A glut of supply in global markets has once again pushed oiloil to ones. the mid-$40 level with external factors than domestic Most prominent hassome been of inflation registered just 1.3the permid-$40 cent. level with some has once again pushed oil to expecting to test sub-$40 per barrel. that occurs, it the quietingprices of previously bullish sentiment on IfUS growth expecting prices towind test out sub-$40 barrel. that occurs, it could take some theper sails ofinfrastructure theIfiseconomy while and inflation, as neither the of trillion-dollar plan Muddling the case for monetary tightening the recent could take some wind out of the sails of the economy while also pushing inflation the oil futures nor tax promised bylower. the administration havecurve been slide incuts oil prices. A glut of Trump oilIndeed, supply in global markets also pushing inflation lower. Indeed, the oil the futures curve has dipped below the assumption used by Bank in proposed, never mind passed, despite one-party control oftheir has once again pushed oil to the mid-$40 level with some has dipped below the assumption used byofthe Bank in their most recent forecast. Congress. Bond markets have taken notice this inaction, expecting prices to test sub-$40 per barrel. If that occurs, it most recent forecast. dramatically revising down could take some wind outexpectations. of the sails ofConsequently, the economybond while yield spent much of the last three months sliding back toward While the likelihood of the Bank raising its rate by also pushing inflation lower. Indeed, the oiltarget futures curve While theof likelihood of the Bank raising itswe target rate by the pre-election levels. the end 2017 has certainly increased, still expect has dipped below the assumption used by the Bank in their the endtoofhold 2017offhas certainly increased, we still expect the Bank until early 2018, particularly if oil prices most recent forecast. Bank to hold off until early 2018, particularly if oil prices Pushing against this trend, the US Federal Reserve (the Fed) remain low and inflation fails to pick up. remain low and inflation fails to normalize pick up. interest rates remains steadfast in its desire While the likelihood of the Bank raising its target rate by as the US economy pushes up against full employment. the end of 2017 has certainly increased, we still expect the The Fed has now raised rates three time in seven months Bank to hold off until early 2018, particularly if oil prices and continues to signal further rate hikes on the horizon. remain low and inflation fails to pick up. More importantly, the Bank of Canada, sensing a turn in the economy following three quarters of strong economic and job growth, has seemingly turned hawkish with recent speeches by key policymakers designed to prime markets for an approaching tightening cycle. Those factors seem to be gaining significant traction as rates across the short end of the Canadian yield curve, including the benchmark 5-year Government of Canada bond yield, have increased by about 25 basis points in a matter of weeks. The 5-year yield is now close to where it was at the start of 2017, when 5-year fixed rates were about 30 basis points higher.
Mortgage Rate Forecast
STRONG CANADIAN ECONOMY COULD SIGNAL CHANGE IN INTEREST RATES
M ortgage R ate Forecast 2017 Q2
2018
Term
Q1
Q3F Q4F Q1F Q2F Q3F Q4F
1-Year
3.14 3.14 3.14 3.24 3.34 3.34 3.44 3.54
5-Year Qualifying 4.64 4.64 4.64 4.64 4.74 Rate
4.74 4.74 4.84
Average
5-Year Rate Outlook Interest Mortgage 2.75 2.61 2.79 2.90 3.05 3.10 3.20 3.35 Interest Rate Rate Outlook While the economy is currently very strong, Canada Source: Bank Canada; BCREA Economics; Rate Spystrong, Canada While theof economy is currently very has had several false alarms when it comes to an Note: Average 5-year discounted rate is the average rate available in the market, has had several falseposted alarms when it comes to an imminent increase interest rates. The offered at a discount from thein 5-year qualifying rate. case for Bank Interest Rate Outlook imminent increase in interest rates. The case for Bank of Canada tightening this time around, however, may ofbeCanada tightening this time around, however, mayof stronger than in the past. Firstly, a rate increase While the economy is currently very strong, Canada be stronger than would in the past. Firstly, rate increase of 25 points mainly undo a rate cut made hasbasis had several false alarms when itthe comes to an 25 basis points would mainly undo the rate cut made Canadian Yield Curve in 2015 to increase deal withinthe dramatic decline in oilfor prices. imminent interest rates. The case Bank inWith 2015the to macroeconomic deal with the dramatic decline in oil prices. consequences of that of Canada tightening this time around, however,oilmay Assuming the Canadian economy continues its current trend, With the macroeconomic consequences of that oil be stronger than in the past. Firstly, a rate increase of the shift in the bond market means that the recent downtrend 25 basis points would mainly undo the rate cut made Send questions and comments about Mortgage Rate Forecast to: in 5-year fixed mortgage rates offered by banks and other in 2015 toquestions dealMuir, withand thecomments dramatic decline in oilRate prices. Send about Mortgage Forecast to:Ogmundson, Cameron Chief Economist, cmuir@bcrea.bc.ca; Brendon Economist, bogmundson@bcrea.bc.ca. lenders will likely reverse by the end of the summer. Overall, Muir, Chief Economist, cmuir@bcrea.bc.ca; Economist, bogmundson@bcrea.bc.ca. With Cameron the macroeconomic consequences of that oil Brendon Ogmundson, we expect that the posted rate will remain unchanged in 2017,
Additional economics information is available on BCREA’s website at: www.bcrea.bc.ca. discount rates will gradually rise to just under 3 per cent Additional is available on BCREA’s website at:while www.bcrea.bc.ca. To sign upeconomics for BCREA information news releases by email visit: www.bcrea.bc.ca/news-and-publications/publications/manage-subscriptions. by the end of the year. To sign up for BCREA news releases by email visit: www.bcrea.bc.ca/news-and-publications/publications/manage-subscriptions. Send questions and comments about Mortgage Rate Forecast to: Cameron Muir, Chief Economist, cmuir@bcrea.bc.ca; Brendon Ogmundson, Economist, bogmundson@bcrea.bc.ca.
Mortgage Rate Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS® may reprint this content, Rate provided thatiscredit is given to BCREA byBritish including the following statement: “Copyright British Columbia Estate Association. Reprinted®with Economic Outlook Mortgage Forecast published quarterly by the Columbia Real Estate Association. Real estate boards, real Real estate associations and REALTORS may permission.” reprint this Additional information isincluding available BCREA’s website “Copyright at: www.bcrea.bc.ca. content, provided thateconomics credit is BCREA or by theon statement: British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees asgiven to theto accuracy completeness offollowing this information.
To sign up for BCREA news releases by email visit: www.bcrea.bc.ca/news-and-publications/publications/manage-subscriptions. BCREA makes no guarantees as to the accuracy or completeness of this information. The Canadian economy has finally returned to good health
2
following the rapid and dramatic decline of oil prices in late 2 1420 - 701 Georgia Street West, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C62014 | Phone:the 604.683.7702 | Fax: 604.683.8601 | Email: ® bcrea@bcrea.bc.ca wildfiresand in Alberta Mortgage Rate Forecast is published quarterly by the British Columbia Real Estate Association. and Real estateconsequences boards, real estateof associations REALTORSlast mayyear. reprint this 1420 - content, 701 Georgia Street West, Pacific Centre, Vancouver, BCstatement: V7Y 1C6 “Copyright | Phone: British 604.683.7702 | Fax: 604.683.8601 | Email:with bcrea@bcrea.bc.ca provided that creditPO is Box given10123, to BCREA by including the following Columbia Real Estate Association. Reprinted permission.” Since the third quarter of 2016, the Canadian economy has 1
BCREA makes no guarantees as to the accuracy or completeness of this information.
2 1420 - 701 Georgia Street West, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6
|
Phone: 604.683.7702
|
Fax: 604.683.8601
|
Email: bcrea@bcrea.bc.ca
Vernon *Personal Real Estate Corporation
8
DonKassa REALTOR ÂŽ SERVICES
Ryan Danchuk
250.549.4161 DonKassa.com donkassa@donkassa.com 16.15 acres in Coldstream, with lake and valley views. South facing property is gently rolling. This is a fantastic location - close to schools, shopping, and almost unlimited recreational opportunities. Property has an agricultural water allocation for 5.26 hectares for irrigation. This equates to approximately 28,930 cubic metres per year. Due to its location, the property is not greatly impacted by Hwy 6. Access trails through property have been mowed. MLS#10137144
New
9269 Highway 6
$987,500
Great views of Kalamalka Lake from this well upgraded four bedroom family home. Level entry, tall ceilings on the main with an entry area turret for natural light down the staircase. A massive family room area is adaptable to various uses. Premium ensuite and lots of closets. The rear yard is very private with room for a pool. RV parking. MLS#10137042
New
568 Mt. Thor Drive
Fully renovated 2 bedroom waterfront townhouse on Okanagan Lake. Direct views of lake from Kitchen, Dining Room, Living Room and deck. High end stainless appliances, large kitchen island and 5 piece ensuite. 32 ft secure and safe boat slip with power and water. Nice little sandy beach for kids to play on. Close to Paddlewheel park, boat launch, and Predator Ridge. MLS#10131401
14-7701 Okanagan Landing Rd
$529,000
Vernon
$828,000 "The Narrows"! This turn key 1180 sq.ft 2 beds, 2 full baths is fully furnished and ready for your enjoyment. This unit includes a 46' boatslip which has the best location in this complex's marina. Entertaining outdoors is made easy with this large balcony which overlooks the channel, heated swimming pool, hot tub and putting green. Other amenities include a gym, entertainment room. Centrally located between Mara Lake and Shuswap Lake, this unit is walking distance to all Sicamous has to offer. MLS#10136545
D201 - 1118 Riverside Ave
$285,000
O: 250-549-4161 C: 250-938-2604 doncowan@remax.net
Don Cowan
Vernon
Listings Wanted Business & Farm
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In this crazy busy market, you need a RealtorÂŽ who has tons of experience to guide you through the process, and get you the most money with the fewest problems.
250-545-5311 www.jmins.com
3923 32 St. Vernon, BC V1T 5P2 Monday thru Friday: 7:30-5:30, Saturday: 9:00-5:00
With over 30 years selling Real Estate in Vernon, I know the market. Contact me for your free no obligation Market Evaluation.
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· 2+1 bdrm/2.5 baths · Den downstairs · Spectacular Lakeview from expansive sundeck · Tandem style double garage · Extreme privacy in back yard · Spotlessly clean & cared for. MLS: 10137539 $499,900
JANE FIELD
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jane@vernonrealestate.ca Vernon
5603 - 27th Street Vernon, BC V1T 8Z5
NOW IS THE TIME TO LIST Buyers are looking now! For experience and great service call Jane.
#112 -3704 27 Ave · Secure underground parking · Flat walk to downtown · 2 bdrms, 1 bath · Clean · Fast possession possible
250.938.2830
MLS: 10131282 $131,900
The sign you want The Agent you need. TheRightAgents.com
· Top Floor, corner unit · 2 bdrms, 2 baths · 1151 sq.ft. · Excellent views · Two parking spots · Underground parking MLS: 10133403 $349,900
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Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755
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#411-3220 Centennial Dr
@RightAgents
Entertain your family & friends with stunning Kal Lake view
TheRightAgents
Two levels of lake views Over 4600 square feet 5 bedrooms/3 baths Open concept kitchen Theater, wine & game rooms Highly desired neighbourhood
Perfect Ok anagan Living enjoy the Kalamalka Lake view from your home every day
$929,000
MLS ® 10137634
Vernon
10
6350 Brewer Rd, Coldstream
John
Kristian Personal Real Estate Corporation
250.549.4161 JohnKristian.ca john@johnkristian.ca Vernon
4602 20 St, Vernon
6350 Brewer Rd, Coldstream
High density development site in Vernon BC. This site is .62 acres zoned RH1 multifamily with previous approval for 24 residential units. Services at lot line. The City has already done a ll new curbing for huge cost savings to the Developer. Excellent location being within walking distance to schools, shopping and on public bus route.
0.45 sloping acres on the edge of town with spectacular valley, city & mountain view of the Enderby cliffs in the distance. Private and with a rural feel yet minutes from town. This is a great buy!!!
New Listing 4 bdrms, 3 bath, 3263 sqft home on .584 acres with country setting close to schools, parks, recreation and only 10 minutes to Vernon. The newly refinished hardwood floors extend throughout the kitchen, living & dining rms of the open floor main level. The private backyard is fully fenced with a covered patio for BBQing, entertainment & relaxing in the hot tub. Terraced above is a large falt space with drive-in access, concrete retaining walls & prime for building your workshop. $649,900 MLS 10137177
MLS 10136922
$698,000
MLS 10103523
You betcha we’re online YourRealEstatePages.ca
@REPVernon
Vernon Real Estate Pages
$84,900
THEREALESTATEPAGES.CA | 11
Nice Quality Finished Home
New RH3 Zoned Property
3 bdrm, 2 Bth, garage/work shop mls# 10137110
View of the Vernon Golf Course mls# 10136072
10883 Westshores Road
40 Unit development site
www.your5starteam.com Up to 6 stories in height
Ready to Move Into
Offered at $1,200,000
Newly Listed at $469,000
Cliff Wenger REALTOR®
P. 250.549.4161 C. 250.309.0289 TF. 1.800.667.2040 cliff@your5starteam.com
Tammy Stein REALTOR®
P. 250.549.4161 C. 250.306.9974 TF. 1.800.667.2040 tammy@your5starteam.com
Vernon
Okanagan Real Estate
SAV VY 1633 Mountain View Ave
$429,000 NEW LISTING 4 BEDS 3 BATHS 2070 SQFT MLS® 10137695
9-7701 Okanagan Landing Rd
$599,900 LAKESIDE LIVING 2 BEDS 2.5 BATHS 1728 SQFT MLS® 10132979
Brandy De Bartolo
OkanaganSavvy.com 250 558 8839 brandy@okanagansavvy.com
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Vernon
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Legal
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Use the strength of our 21 lawyer firm for all of your legal needs. Proudly committed to our community for over 40 years. 250-542-5353
www.nixonwenger.com
Mattress 250-309-7596 Up to 50% off from the big box stores MattressStoreAtYourDoor.com
Flooring Flooring for every budget
250-558-0401 endoftheroll.com
Glass (250) 542-9309 2809- 45 Ave. Vernon, BC V1T 3N5 www.HLGlass.com
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250-275-2735 budgetblinds.com
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Great East Hill Location! 1004 Windsor Place
Great Coldstream Location! 9317 Orchard Ridge Dr.
2780 sq ft., 1991 level entry walk-up, 4bdrms, 3bath, two blocks from Silver Star Elementary. Large low maintenance backyard, Ok Lake view from front balcony, lots of level parking. MLS# 10137649 $599,900
3052 sq ft., 1994 level entry walk-up, 4bdrms, 3bath, 180 deg breathtaking Kal Lake view Large low maintenance yard .42 acre pie shaped lot, quiet cul-de-sac, Triple Garage. MLS# 10137651 $919,000
Maria Besso (250) 308-1152 | mariabesso@shaw.ca | www.mariabesso.remax.ca Deb
Deveau REALTOR®
Judy
Your Key to the North Okanagan
its 4 Un
Fischer REALTOR®
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Call The Key Team for more information
Enderby
REALTOR® *Personal Real Estate Corporation
mes 2 Ho
rfro Rive
$359,000
Brielle View - 173 Salmon Arm Dr
Lundquist*
908 George St. Enderby, BC
3335 Mabel Lake Rd, Enderby Call Deb & Judy @ The Key Team - MLS10133003
$279,000 - $289,000
Bonita
1-888-609-7764 250-838-0025
rfron
Rive
$289,000 11 Rosemond Lake Rd , Mara Call Deb & Judy @ The Key Team - MLS10136541
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Furn
$749,000 $399,000
$549,000 64 Hwy 97B, Enderby Call Deb & Judy @ The Key Team - MLS10133829
Vernon
35 Walker Road, Enderby Call Deb & Judy @ The Key Team - MLS10135198
39 Kingfisher Road, Enderby Private setting, custom 3 bed, 1.5 bath home. Master bed loft are w/2 bed on the main (spa room)( includes a BONUS rental home & workshop w carport area. 3 min to Mabel Lake, Golf course, Community hall & the Shuswap river. Call Bonita Lundquist PREC 250-306-8184 - MLS 10119034
250.309.0039 chris@chrisholm.ca Vernon
Brent Stevenson
Shelby Bouchard
REALTOR®
REALTOR®
250.549.0023
250.309.9969
Diane Callbeck Client Care Specialist (unlicensed)
Kendra Scarrott Executive Assistant (unlicensed)
The world is online So are all of our listings! YOUR HOME ADVERTISED WORLDWIDE, 24 HOURS A DAY! HF
CHRIS HOLM REAL ESTATE.CA
.ca
View our listings + 100's more at ChrisHolmRealEstate.ca
Westside
Armstrong
East Hill
8785 Westside Road
4438 Schubert Road
2402 35 Avenue
Retirement or Summer Home Quiet location near Killiney Beach w/fabulous Okanagan Lake views. 2 Beds, 2 baths, w/o lower level. Updates: air conditioner, baths, electrical panel, light fixtures, Hunter Douglas blinds, hot water tank, & fresh paint
Private Acreage 5.87 Flat acres minutes from downtown. Good soil. 3 Bedroom, 1.5 bath family home. Sunroom! Municipal water. Shop, 24’ x 64’ with 200 amp service & welder plugs. IMMEDIATE POSSESION!
Fully Renovated Home with Suite 3 Bedrooms, 3 bathroom home with 1 bedroom legal suite. Brand new foundation, furnace, hot water tank, windows, flooring, kitchen, baths. Landscaped yard. Double carport with lots of extra parking.
$395,000
$546,000
$673,000
mls 10137237
mls 10131912
mls 10127323
Lavington
Foothills
Adventure Bay
5210 Reid Road
7436 Sun Peaks Drive
8980 Bayswater Place
Lavington Farm With 15 Acres & Barn Gently rolling property at the base Blue Nose Mountain! Fenced, x-fenced. Great horse set-up, 10 stall barn, heated tack room. Hay & equipment sheds. 3 Bedroom home. Room for your toys & RV!
Custom Contemporary in The Foothills Walls of windows! Views of Okanagan Lake & City. 4 Bedroom +den, 4 bath, custom home. Open plan. Covered patio. Fenced yard backs onto green-space. Family-oriented neighborhood, minutes to town or Silver Star!
180 Degree Okanagan Lake View Full sun all day! Quiet & private location with hiking & waterfront park at your doorstep. Custom 4000 sq.ft. home. Views from both levels. Hickory floors, custom cabinets & built-ins.
$775,000
$839,000
$988,000
mls 10126574
mls 10134905
Cover Feature Kalamalka Lake View, Custom Home Coldstream, 238 Kalamalka Lakeview Drive Stunning home on 5.08 acres above Kal Lake with unobstructed views! Contemporary design boasts high-end materials throughout. 5 Bedrooms, + den, 3.5 baths, family room, sitting/exercise room. Security. Hot tub & more. mls 10132574 $1,698,000
Priscilla
mls 10135092
OkanaganHomes.com | 250.549.7050
South BX
Okanagan Landing
South BX
1299 Galiano Road
9261 Eastside Road
878 25 Avenue
Private Acreage with a View Approximately 5 acres in South BX. Lake & valley views! Room for your shop! Direct access to Crown Land! Level entry 4 bedroom, 3 bath home. Vaulted ceilings. Games & Family area.
176' Okanagan Lakeshore .73 Acre building site with amazing lake views. Quiet area, services at lot line. Sewer connection paid. Minutes to Vernon, golf and schools! Waterfront with building site well above the lake! No GST!
Classic 2 Storey Family Home 6 Bedroom, 3.5 bath home with 2 bedroom suite! Lofty ceilings. Cherrywood floors. Bay windows. Lower level with Family & Media Rooms! Landscaped .77 acre yard. Fenced & gated. Detached double garage with loft.
$989,000
$999,000
$1,100,000
mls 10134124
North BX
mls 10104063
mls 10128753
North BX 8227 Silver Star Road
Okanagan Landing
5975 Lytton Road
7.8 Acre Lake View Home Gently rolling, picturesque, fenced acres. Paddock & shelter for horse. Ample parking. Level entry, 5 bdrm. Wrap-around deck & hot tub. Walk-out lower level to heated salt-water pool. Minutes to downtown.
2 Homes, European Inspired Estate 4.94 Acre estate set between Vernon & Silver Star Mtn Resort. 5900 sf residence & sweeping valley view. Multiple decks/hot tubs! Plus, 2nd home. Wired shop. Ski shop. Corral. Landscaped grounds. Rowing pond!
Award Winning Custom Home Luxurious 7100 sf Okanagan Lake view home. Guest wing. Wine cellar. Fitness & theater. Heated pool. 1 Acre in Beverly Hills Estates. 50 Acre forested backdrop. Minutes from downtown, yacht club & golf!
$1,250,000
$1,595,000
$2,988,000
mls 10128576
mls 10126923
Heather Paulsen
Alan Stier
Craig Demetrick
REALTOR
REALTOR
REALTOR
®
®
124 Sunset Boulevard
®
heather@okanaganhomes.com alan@okanaganhomes.com craig@okanaganhomes.com
Barb Williamson* Priscilla Sookarow REALTOR®/Managing Broker
Owner/REALTOR®
barb@okanaganhomes.com info@okanaganhomes.com *Personal Real Estate Corporation
Priscilla
mls 10131811
See us at RE/MAX Vernon 5603 27 Street Vernon, BC
Outstanding Agents. Outstanding Results.
GO WITH THOSE WHO KNOW Armstrong
Commercial Solutions
Enderby
Lumby
Vernon
Vernon (Silver Star Office)
2555 Pleasant Valley Blvd Armstrong, BC V0E 1B0 250.546.3119
5405 26 Street Vernon, BC V1T 7G4 250.503.3477
908 George St Box 188 Enderby, BC V0E 1V0 250.838.0025
2095 Shuswap Ave Lumby, BC V0E 2G0 250.547.9266
5603 27 Street Vernon, BC V1T 8Z5 250.549.4161
108-152 Silver Lode Lane V1B 3W9 250.549.4161
www.TheRightAgents.com