Craig Smith : Blog : Latest Blog Posts

New property listed in Kelowna

Thu, 05 Mar 2026 10:03:16 GMT

I have listed a new property at 104 985 Academy Way in Kelowna. See details here

This clean and well-maintained 3-bedroom, 2-bathroom condo offers 886 square feet of smart, functional living space—perfect for students, parents, or investors. The closest development Located just a short 5 minute walk to UBC Okanagan, this unit features updated countertops, a bright open layout, and a spacious primary bedroom with its own 4-piece ensuite. The private patio opens onto a peaceful park-like setting, ideal for relaxing or studying outdoors. Vacant and move-in ready for the upcoming school year. This unit comes with 1 underground parking stall, and a designated storage locker. Academy Hill is the closest complex to the campus providing maximum convenience and ensuring long term desirability. This unit can come fully furnished as well in time for the new school year. Great value here in an unbeatable location! (id:2493)

New property listed in Kelowna

Sun, 15 Feb 2026 09:23:00 GMT

I have listed a new property at 3605 Mckinley Beach Drive in Kelowna. See details here

Live the lake life in McKinley Beach. Just steps from a 1,000 metre beach, marina, winery, endless hiking trails, and a resort style private amenity centre with pickleball and tennis courts, pool, hot tub, sauna and fitness center. This is a community built around connection, nature, and summer evenings by the water. Built in 2020, this 3,060 sqft home with legal suite captures beautiful lake views and effortless everyday living. The bright, open concept main level is designed for gathering with high ceilings, expansive windows, and a modern linear fireplace surrounded with floor-to-ceiling tile. The kitchen is perfect for entertaining, featuring quartz counters, a large island with seating, walk-in pantry, stainless appliances, and timeless white cabinetry. Step onto the spacious balcony to soak in the views or relax with beverage. Bonus: the lot across the street is not expected to be built on, helping to preserve your view. From the kitchen/dining area you can access the backyard for quick access to a BBQ and seamless indoor-outdoor living. The primary suite offers a peaceful retreat with a 5 piece ensuite, walk-in closet, and patio access. Downstairs includes the Foyer along with a third bedroom, full bath, double garage, and a bright self-contained 1 bedroom legal suite with separate entry, ideal for extra rental income, guests, or extended family. This home offers both lifestyle and flexibility in one of Kelowna’s most sought after lakefront communities. (id:2493)

New property listed in Kelowna

Thu, 08 Jan 2026 09:44:42 GMT

I have listed a new property at 607 3699 Capozzi Road in Kelowna. See details here

This home offers everything you love about Kelowna and all in one unbeatable waterfront location in the heart of the Lower Mission. Wake up to shimmering lake views and start your day with a coffee on your private balcony. This 6th-floor, 2-bedroom, 2-bathroom condo offers the perfect blend of style, comfort, and resort-style amenities, all in the heart of Kelowna’s Lower Mission. With an open-concept layout, stainless steel appliances, quartz countertops, and big windows that flood the space with natural light, this home is made for easy living. Whether you’re cooking dinner, hosting friends, or winding down after a day on the water, you’ll love the modern yet cozy vibe. But the real magic? The unbeatable location, Aqua sits right on the beach, giving you instant access to swimming, suntanning, and paddle boarding just steps from your door. When you're not soaking up the sun, take a dip in the outdoor pool, relax in the hot tub, or stay active in the two-story gym & yoga space. The community also features a BBQ lounge, fireside patio, co-workspace, and the exclusive Aqua Boat Club for endless lake adventures. With secure parking, a storage locker, and everything Kelowna has to offer just minutes away, this is more than a home, it’s a lifestyle. Don’t miss your chance to make it yours and your fur family is welcome too! (id:2493)

Open House. Open House on Sunday, November 23, 2025 12:30PM - 2:30PM Text James Roffel for Access 250-808-4602

Sun, 23 Nov 2025 09:29:37 GMT

Please visit our Open House at 501S 3409 Lakeshore Road in Kelowna. See details here

Open House on Sunday, November 23, 2025 12:30PM - 2:30PM Text James Roffel for Access 250-808-4602

**OPEN HOUSES SAT NOV 22 & SUN NOV 23 12:30-2:30PM BOTH DAYS** Welcome to unit 501 S in Caban, a stunning 2-bedroom condo in one of Kelowna's most coveted locations..right across from Gyro Beach and Okanagan Lake in Pandosy Village. This vibrant Lower Mission neighborhood offers the best of urban living with boutiques, coffee shops, restaurants, and shops just a stroll away. Whether you're walking or biking, everything you need is within reach, and downtown Kelowna and the hospital are just a short ride away. Inside, you'll find a bright and open space with high ceilings, premium stainless steel appliances, custom cabinetry, quartz countertops and warm hardwood floors. The design perfectly complements the modern and active lifestyle that comes with living in this prime location. Caban is a brand new 6 story concrete building that offers resort-style amenities that elevate your living experience. Unwind by the infinity lap pool or in the Himalayan salt sauna. Stay active in the fitness centre or relax in the hot tub. The private cabanas and outdoor terrace provide incredible views of Gyro Beach and Okanagan Lake, offering the ultimate escape at home. This is more than just a condo, it's a lifestyle. (id:2493)

New property listed in Kelowna

Wed, 19 Nov 2025 09:13:06 GMT

I have listed a new property at 501S 3409 Lakeshore Road in Kelowna. See details here

Open House. Open House on Saturday, November 22, 2025 12:30PM - 2:30PM Text James Roffel for Access 250-808-4602

Wed, 19 Nov 2025 09:13:06 GMT

Please visit our Open House at 501S 3409 Lakeshore Road in Kelowna. See details here

Open House on Saturday, November 22, 2025 12:30PM - 2:30PM Text James Roffel for Access 250-808-4602

Open House. Open House on Sunday, November 23, 2025 12:30PM - 2:30PM Text James Roffel for Access 250-808-4602

Wed, 19 Nov 2025 09:13:06 GMT

Please visit our Open House at 501S 3409 Lakeshore Road in Kelowna. See details here

Open House on Sunday, November 23, 2025 12:30PM - 2:30PM Text James Roffel for Access 250-808-4602

Open House. Open House on Sunday, November 2, 2025 12:00PM - 2:00PM Text James Roffel for Access 250-808-4602

Sun, 02 Nov 2025 09:15:02 GMT

Please visit our Open House at 607 3699 Capozzi Road in Kelowna. See details here

Open House on Sunday, November 2, 2025 12:00PM - 2:00PM Text James Roffel for Access 250-808-4602

> This home offers everything you love about Kelowna and all in one unbeatable waterfront location in the heart of the Lower Mission. Wake up to shimmering lake views and start your day with a coffee on your private balcony. This 6th-floor, 2-bedroom, 2-bathroom condo offers the perfect blend of style, comfort, and resort-style amenities, all in the heart of Kelowna’s Lower Mission. With an open-concept layout, stainless steel appliances, quartz countertops, and big windows that flood the space with natural light, this home is made for easy living. Whether you’re cooking dinner, hosting friends, or winding down after a day on the water, you’ll love the modern yet cozy vibe. But the real magic? The unbeatable location, Aqua sits right on the beach, giving you instant access to swimming, suntanning, and paddle boarding just steps from your door. When you're not soaking up the sun, take a dip in the outdoor pool, relax in the hot tub, or stay active in the two-story gym & yoga space. The community also features a BBQ lounge, fireside patio, co-workspace, and the exclusive Aqua Boat Club for endless lake adventures. With secure parking, a storage locker, and everything Kelowna has to offer just minutes away, this is more than a home, it’s a lifestyle. Don’t miss your chance to make it yours and your fur family is welcome too! (id:2493)

Open House. Open House on Saturday, November 1, 2025 12:00PM - 2:00PM Text James Roffel for Access 250-808-4602

Mon, 27 Oct 2025 09:17:08 GMT

Please visit our Open House at 607 3699 Capozzi Road in Kelowna. See details here

Open House on Saturday, November 1, 2025 12:00PM - 2:00PM Text James Roffel for Access 250-808-4602

New property listed in Kelowna

Sat, 25 Oct 2025 09:20:09 GMT

I have listed a new property at 607 3699 Capozzi Road in Kelowna. See details here

New property listed in Kelowna

Thu, 25 Sep 2025 09:22:58 GMT

I have listed a new property at 501S 3409 Lakeshore Road in Kelowna. See details here

Welcome to unit 501 S in Caban, a stunning 2-bedroom condo in one of Kelowna's most coveted locations—right across from Gyro Beach and Okanagan Lake in Pandosy Village. This vibrant Lower Mission neighborhood offers the best of urban living with boutiques, coffee shops, restaurants, and shops just a stroll away. Whether you're walking or biking, everything you need is within reach, and downtown Kelowna and the hospital are just a short ride away. Inside, you'll find a bright and open space with high ceilings, premium stainless steel appliances, custom cabinetry, quartz countertops and warm hardwood floors. The design perfectly complements the modern and active lifestyle that comes with living in this prime location. Caban is a brand new 6 story concrete building that offers resort-style amenities that elevate your living experience. Unwind by the infinity lap pool or in the Himalayan salt sauna. Stay active in the fitness centre or relax in the hot tub. The private cabanas and outdoor terrace provide incredible views of Gyro Beach and Okanagan Lake, offering the ultimate escape at home. This is more than just a condo—it's a lifestyle. (id:2493)

New property listed in West Kelowna

Sat, 13 Sep 2025 09:17:23 GMT

I have listed a new property at 1015 Guest Road in West Kelowna. See details here

Welcome to 1015 Guest Road! This spacious and functional family home is nestled in the highly sought-after Rose Valley neighborhood of West Kelowna, offering over 5,000 sqft of living space with six bedrooms, five bathrooms, three bonus dens, and a dedicated office—perfect for a growing family. Upstairs, you'll find five bedrooms on one level, including a generous primary suite and two Jack & Jill bathrooms connecting the other four. The open-concept main floor is filled with natural light and features a large entertainer’s kitchen with granite counters, two flex rooms ideal for his and her offices, and a spacious laundry room. Step right off your main level to enjoy your private backyard oasis with a wraparound deck, lake views and large pool—perfect for summer entertaining and relaxing weekends. The walk-out level includes another bedroom, two additional flex rooms, a bathroom, and a rec room with a hot tub just outside and a large fenced in yard surrounded by beautiful mature trees for ultimate privacy. An oversized double garage and a wide driveway with a private basketball court provide ample space for parking. Located steps from Rose Valley Elementary and close to parks, hiking trails, wineries, and city amenities—this is a place where lasting memories are made. Enjoy the peaceful, family-friendly atmosphere, breathtaking views, and close proximity to Kelowna’s vibrant city life. Don’t miss your chance to make this incredible property yours. (id:2493)

New property listed in Kelowna

Fri, 12 Sep 2025 09:18:42 GMT

I have listed a new property at 104 985 Academy Way in Kelowna. See details here

New property listed in Kelowna

Sat, 16 Aug 2025 09:19:27 GMT

I have listed a new property at 11 3220 Hilltown Drive in Kelowna. See details here

Experience the best of Okanagan living in this turnkey, fully furnished walkout rancher, perfectly suited for a smaller family, empty nesters, or as a vacation retreat. Nestled on the forest edge of McKinley Mountain Park, there are endless hiking trails and jaw-dropping panoramic lake views—all just steps from your door. Soaring 13-foot ceilings and an open-concept layout create a bright, airy feel, while the gourmet kitchen features a two-toned island with waterfall quartz countertops. Cozy up to the gas fireplace in the winter or step onto the expansive deck to soak in the spectacular sunsets over Okanagan Lake. Downstairs, the walkout level boasts a spacious concrete patio with glass railings, two bedrooms (each with a walk-in closet), and two bathrooms, including a luxurious primary ensuite with a custom shower and private sliding glass door access to the patio. Enjoy the ease of resort-style amenities at McKinley Beach, just a short walk away. This exclusive community offers a 1,000m beach, a marina, tennis & pickleball courts, indoor pool, sauna & fitness centre, outdoor hot tub and gardens, and a future winery. Plus, you're only 10 minutes to the airport, UBCO, and Lake Country, 15 mins to downtown Kelowna, and an hour from Big White and SilverStar. This home comes fully equipped with all furnishings, kitchenware, A/C, in-suite laundry, and a double-attached garage. Explore the 3D virtual tour! (id:2493)

New property listed in Kelowna

Thu, 24 Jul 2025 09:14:34 GMT

I have listed a new property at 3387 Water Birch Circle in Kelowna. See details here

This architect-designed home sits on a rare lot with no neighbors on either side, offering added privacy and scenic lake views. Striking rooflines, wood accents, lighted pathways and a natural rock backdrop give the exterior a modern, grounded feel. Inside, you’ll find warmth and character with wide plank hardwood floors, a floor-to-ceiling fireplace with floating wood hearth, and designer lighting. The kitchen features extended cabinetry, quartz counters, stainless appliances, and a custom tile backsplash. The main level includes two bedrooms and two bathrooms, including a serene primary suite with private deck, walk-in closet, and spa-inspired ensuite with heated floors. Enjoy seamless indoor-outdoor living with both a backyard patio and a large covered front deck with frameless glass railings to maximize lake views. The lower level offers a second living area with fireplace, two more bedrooms, a full bath, and a spacious laundry room with built-in cabinetry. Living in McKinley Beach means more than just a beautiful home, it’s a lifestyle. Explore over a kilometer of natural beach, hike scenic trails, launch your paddleboard from the 110-slip marina, or connect with neighbors at the future winery or amenity centre featuring a pool, hot tub, sauna, fitness studio, and sport courts. Whether you're gathering on the dock, hiking through the pines, or sharing a glass of wine at sunset, McKinley Beach is where connections happen naturally. (id:2493)

New property listed in Kelowna

Thu, 10 Jul 2025 09:14:34 GMT

I have listed a new property at 104 985 Academy Way in Kelowna. See details here

This clean and well-maintained 3-bedroom, 2-bathroom condo offers 886 square feet of smart, functional living space—perfect for students, parents, or investors. The closest development Located just a short 5 minute walk to UBC Okanagan, this unit features updated countertops, a bright open layout, and a spacious primary bedroom with its own 4-piece ensuite. The private patio opens onto a peaceful park-like setting, ideal for relaxing or studying outdoors. Vacant and move-in ready for the upcoming school year. This unit comes with 1 underground parking stall, and a designated storage locker. Academy Hill is the closest complex to the campus providing maximum convenience and ensuring long term desirability. Great value here in an unbeatable location! (id:2493)

New property listed in Kelowna

Thu, 03 Jul 2025 09:16:29 GMT

I have listed a new property at 508 1160 Bernard Avenue in Kelowna. See details here

Have you been looking for an updated and spacious 2 bedroom + den condo with 2 underground parking spaces and within walking distance to downtown Kelowna? Unit 508 in Centuria Urban Village might just be the one for you! This unit is move-in ready and was refreshed in 2023 with beachy wide plank luxury vinyl floors, modern black fixtures, and a soft, calming creamy palette. A new heat pump was added in 2019 for year-round comfort. To top it off, the furniture package which was purchased brand new in 2023 is negotiable to make moving a breeze. With over 1,400 sqft of living space, 10-foot ceilings, and a wraparound covered deck, this home feels airy and inviting. The kitchen features stainless steel appliances including a gas range, granite countertops, and a generous island with bar seating, perfect for casual hangouts or entertaining. The primary bedroom includes a walk-in closet and a private ensuite with his & her sinks and the 2nd bedroom is on the other side of the condo for ultimate privacy. You’ll also love having two secured underground parking stalls, a storage locker, and access to the resort-style amenities: an outdoor pool, hot tub, sauna, and fitness centre. Centuria Urban Village is located only minutes from downtown, close to beaches, shops, and restaurants, with a grocery store and services right downstairs for ultimate convenience. Once you visit this one, you won't want to leave! (id:2493)

New property listed in Kelowna

Tue, 24 Jun 2025 09:13:38 GMT

I have listed a new property at 501S 3409 Lakeshore Road in Kelowna. See details here

New property listed in West Kelowna

Fri, 13 Jun 2025 09:13:18 GMT

I have listed a new property at 1015 Guest Road in West Kelowna. See details here

New property listed in Kelowna

Fri, 23 May 2025 09:15:51 GMT

I have listed a new property at 3484 Granite Close in Kelowna. See details here

Perched above the shoreline with front-row seats to one of the most spectacular lake panoramas in the Okanagan, this 3-level luxury home offers a view experience few properties can rival. Unobstructed 180-degree vistas from 3 levels that stretch as far as the eye can see down Okanagan Lake, and so close you can hear the water lapping against the beach. This is one of only a few homes in the development to feature three full stories and over 3600 square feet of living space. The main level stuns with a massive waterfall island, built-in stainless appliances, a hidden walk-in pantry, and an open-concept layout designed to frame the lake from every angle. Open the Nano doors and let the outdoors in. Deck complete with motorized shades. Working from home? There are his and her offices on the main. At night, retreat to the 800 sqft primary suite featuring a spa-like 5-piece ensuite, walk-in closet, plus a secluded deck to unwind. The lower walk-out level is perfect for guests or extended family with two more bedrooms, a second living room, full bathroom, and access to a beautifully landscaped backyard complete with hottub, putting green and private patio. Set within the sought-after lakefront community of McKinley Beach, with 1,000 meters of natural beach, a 110-slip marina, extensive hiking trails, fitness centre, sauna, hot tub, outdoor pool, sport courts, community gardens, and more. All just a short drive to the airport, UBCO, Lake Country & downtown Kelowna. (id:2493)

New property listed in Kelowna

Sun, 18 May 2025 09:12:20 GMT

I have listed a new property at 607 3699 Capozzi Road in Kelowna. See details here

Live the Okanagan Dream at Aqua! Wake up to shimmering lake views and start your day with a coffee on your private balcony. This 6th-floor, 2-bedroom, 2-bathroom condo offers the perfect blend of style, comfort, and resort-style amenities, all in the heart of Kelowna’s Lower Mission and there is NO GST ON THIS ONE (The Seller is taking care of any applicable GST) With an open-concept layout, stainless steel appliances, quartz countertops, and big windows that flood the space with natural light, this home is made for easy living. Whether you’re cooking dinner, hosting friends, or winding down after a day on the water, you’ll love the modern yet cozy vibe. But the real magic? The unbeatable location—Aqua sits right on the beach, giving you instant access to swimming, suntanning, and paddle boarding just steps from your door. When you're not soaking up the sun, take a dip in the outdoor pool, relax in the hot tub, or stay active in the two-story gym & yoga space. The community also features a BBQ lounge, fireside patio, co-workspace, and the exclusive Aqua Boat Club for endless lake adventures. With secure parking, a storage locker, and everything Kelowna has to offer just minutes away, this is more than a home, it’s a lifestyle. Don’t miss your chance to make it yours and your fur family is welcome too! (id:2493)

New property listed in Kelowna

Fri, 16 May 2025 09:12:37 GMT

I have listed a new property at 218 720 Commonwealth Road in Kelowna. See details here

Welcome to unit 218, nestled in the sought-after 55+ community of Meadowbrook Estates. Set on a peaceful street, this well-kept and budget-friendly home offers a calm, easygoing lifestyle with all the comforts in place. The low-maintenance, fenced yard is ideal for your pet to roam, while charming, low maintenance landscaping adds a touch of colour without the upkeep. Enjoy your morning coffee or a good book under the covered patio and keep all your tools and extras neatly tucked away in the handy storage shed. Inside, the layout is functional, featuring three bedrooms and two full bathrooms, including a spacious primary suite with a walk-in closet and private ensuite. The heart of the home is a bright, open-concept kitchen, living, and dining area—perfect for relaxed everyday living. You'll also find the convenience of in-suite laundry tucked away for easy access. Recent updates bring peace of mind, including a new heat pump and A/C (2023) installed with an electrical permit, new toilets (2022), and a new hot water tank (2020). Meadowbrook Estates is just minutes from the shops, dining, and recreation of Lake Country. A traffic light at Commonwealth Road ensures safe and easy access in and out of the community—ideal for daily errands and outings. Comfortable, convenient, and move-in ready, this is your opportunity to enjoy a relaxed lifestyle in a well-established, welcoming community. Book your private tour today! (id:2493)

New property listed in Kelowna

Fri, 16 May 2025 09:12:37 GMT

I have listed a new property at 3387 Water Birch Circle in Kelowna. See details here

Welcome to laid-back luxury at McKinley Beach where nature combined with community makes every day feel like a vacation. This stylish home sits on a unique lot with no neighbors on either side or beside the home across the street, giving you added privacy and some nice views. The architecture pops with modern rooflines, wood accents, and clean white finishes, while the landscaped yards and lighted path lead to a private BBQ patio and natural rock wall. Inside, it’s all about warmth and character with wide plank hardwood, a floor-to-ceiling fireplace, floating wood hearth, and designer lighting. The kitchen is sleek & functional with extended cabinetry, quartz counters, SS appliances, and a custom tiled backsplash. The main level features a large covered front deck with frameless glass railings to soak in the lake views, access to backyard patio, 2 bedrooms, 2 bathrooms including a bright primary with private deck, a walk-in closet and spa-like ensuite with heated floors. Downstairs offers room to unwind, with a generous living area and fireplace, two more bedrooms, a large laundry room w/ built in cabinets and full bath. McKinley Beach is a community built around lifestyle with extensive hiking trails, a 1km natural beach and 110 slip Marina, future winery, amenity centre w/ pool, fitness, sauna & hot tub, sport courts and a friendly neighborhood vibe. It’s easy to meet people on the dock, on the trails, or over a glass of wine. Come experience the lifestyle for yourself. (id:2493)

New property listed in Penticton

Thu, 03 Apr 2025 09:23:02 GMT

I have listed a new property at 103 246 HASTINGS Avenue in Penticton. See details here

This gorgeous, well maintained ground floor corner unit offers easy access and the perfect blend of style, comfort, and convenience. With south and west-facing windows, enjoy plenty of natural light and stunning mountain views right from your living room. You'll love the two parking stalls, including a secure, heated underground space! The thoughtfully designed layout features an open-concept living area, a well kept kitchen, and a covered patio to soak in the Okanagan sunshine. Nestled in a prime location, you’re just minutes from shopping, restaurants, and the Okanagan Lake. Don’t miss your chance to own this bright, beautiful home in the heart of Penticton. (id:2493)

Open House. Open House on Saturday, March 29, 2025 10:00AM - 12:00PM James Roffel is sitting the open house.

Thu, 27 Mar 2025 09:13:08 GMT

Please visit our Open House at 11 3220 Hilltown Drive in Kelowna. See details here

Open House on Saturday, March 29, 2025 10:00AM - 12:00PM James Roffel is sitting the open house.

Experience the best of Okanagan living in this turnkey, fully furnished walkout rancher, perfectly suited for a smaller family, empty nesters, or as a vacation retreat and GST is included. Nestled on the forest edge of McKinley Mountain Park, there are endless hiking trails and jaw-dropping panoramic lake views—all just steps from your door. Soaring 13-foot ceilings and an open-concept layout create a bright, airy feel, while the gourmet kitchen features a two-toned island with waterfall quartz countertops. Cozy up to the gas fireplace in the winter or step onto the expansive deck to soak in the spectacular sunsets over Okanagan Lake. Downstairs, the walkout level boasts a spacious concrete patio with glass railings, two bedrooms (each with a walk-in closet), and two bathrooms, including a luxurious primary ensuite with a custom shower and private sliding glass door access to the patio. Enjoy the ease of resort-style amenities at McKinley Beach, just a short walk away. This exclusive community offers a 1,000m beach, a marina, tennis & pickleball courts, indoor pool, sauna & fitness centre, outdoor hot tub and gardens, and a future winery. Plus, you're only 10 minutes to the airport, UBCO, and Lake Country, 15 mins to downtown Kelowna, and an hour from Big White and SilverStar. This home comes fully equipped with all furnishings, kitchenware, A/C, in-suite laundry, and a double-attached garage. Explore the 3D virtual tour! (id:2493)

Open House. Open House on Sunday, March 23, 2025 10:00AM - 12:00PM Corner unit, 2 bed/2bath 865 sqft on the 18th floor with nice lake views. Text Heidi for access 250-309-9991

Fri, 21 Mar 2025 10:07:24 GMT

Please visit our Open House at 1810 1488 Bertram Street in Kelowna. See details here

Open House on Sunday, March 23, 2025 10:00AM - 12:00PM Corner unit, 2 bed/2bath 865 sqft on the 18th floor with nice lake views. Text Heidi for access 250-309-9991

Welcome to your dream lifestyle at Bertram by Mission Group, a stunning 2-bedroom, 2-bathroom condo in one of Kelowna's newest concrete towers. Perched on the 18th floor's northwest corner, this residence boasts floor-to-ceiling windows that frame breathtaking views of the lake and cityscape. Step inside to an inviting open-concept layout, where the modern kitchen shines with dual- color cabinetry, sleek quartz countertops, and stainless steel appliances. The spacious island provides additional seating and prep space, perfect for entertaining. Enjoy your morning coffee or unwind with a glass of wine on the covered balcony while soaking in the stunning sunsets. Bertram offers resort-style living with an array of amenities, including a rooftop pool, hot tub, and lounge deck with massive lake views. Stay active in the indoor fitness center or relax in the outdoor lounge area equipped with BBQs and a bocce ball court. For your furry friends (2 dogs allowed, no size limit) there's a dedicated dog park and wash and in total there are three co-working/amenity spaces in the building that are available for remote work or socializing. Ideally situated just off Bernard Avenue, you’re just steps away from beautiful beaches, delightful restaurants, boutique shops, and the future UBC campus. This unit comes with secure and convenient U/G parking and storage! Don’t miss this exceptional opportunity to embrace the vibrant Kelowna lifestyle! (id:2493)

I have heard of people losing money on real estate

Tue, 18 Mar 2025 14:03:27 GMT

We have all heard of someone losing money on real estate right?It is no surprise that market doesn’t go up continually forever. That would be great if you already owned a number of properties, but unfortunately, that isn’t the way the world works. The real estate market moves in cycles based on supply and demand. There are a number of ways to make money in any market whether it is going up, down or sideways but you have to be strategic in how you buy. Let’s look at few.

Speculation vs Sophisticated Investing: First of all you have to always look at who you are talking to. Is it a sophisticated real estate expert that owns multiple properties or someone who hasn’t had much experience such as a friend or relative or co-worker that may have bought hoping for appreciation? Someone that purchases a property hoping the market will go up is called a speculator. In a sense, they are gambling. Make sure you are talking with an expert that treats investing like a business and looks the demographics, economic indicators and a long term perspective.

Target Area: The second thing you have to look at is your target area. Two areas in the same city could have two very different market places. One area may have lower prices with lots of turnover and many properties listed at all times, while another area could be more expensive but be much more popular with fewer properties listed and higher demand. Also, is the area close to transportation or off the beaten path. Is it on a quiet street or backed onto a busy road. The location and your target area can have a major impact on your cashflow, tenant profile and future appreciation.

Time in the Market: Third, ask people who have lived in the same home for much of their lives. Maybe it’s your parents or a neighbor. What is it worth now compared to what they bought it for? Some investors preach that it is not timing the market that counts but time in the market. So don’t wait to buy real estate, buy real estate and wait!

For the majority of people, real estate is one of the best investments they ever made. We cannot control what will happen in the future, but we can continually study the marketplace, educate ourselves on why markets behave the way they do, and surround ourselves with the best and the brightest people that specialize in the field. Based upon detailed research and history, buying a good positive cash flow property in an economically sound region in a targeted area will provide a good return on investment over time. If the market does not perform as well as anticipated, the investment is still supported by cash flow and mortgage pay down. Even if the property never appreciates, eventually the mortgage will be paid off and now the mortgage money will be going into your pocket instead of the banks.

Want to Use the Bank’s Money to Make Money?

Tue, 18 Mar 2025 14:03:05 GMT

Many people think this is ridiculous, however, you may already be doing this without knowing it. When you buy real estate, you will typically have a mortgage in which the bank is acting as your money partner. For example, if you contribute 20% of the value (downpayment), they will provide the remaining 80% of the value in return for repayment of the loan plus interest. If your property appreciates in value, it appreciates on the full 100%, not just on the 20% you put in. In the end, the bank doesn’t ask for any of the appreciation on their 80%. This is what is known as leverage. When a market is appreciating, you are using the banks money to make money. Try asking the bank to provide 80% of a stock. They will look at you like you are crazy.

The only way they may consider this, is if you back the loan with a hard asset such as real estate. The bank invests as your partner in real estate because it is a tangible asset that is proven to be secure and holds value over the long term.

Why I love Real Estate

Tue, 18 Mar 2025 14:02:40 GMT

A: Did you know that most millionaires either hold their money or make their money through real estate?

It is proven that real estate investing can provide a great ROI (Return on Investment) and is a great vehicle for long term wealth creation. When done right, it can provide;

1. Control - Increase cash flow and/or value by fixing it up, raise or lower rents, advertise and pay off to lower your risk.

2. Monthly cashflow -Extra money above all costs

3. Appreciation - Increase in land values over time

4. Mortgage paydown - Build equity through a forced savings plan

5. Tax benefits - Materials, maintenance and depreciation write-offs, capital gains (only taxed on 50 % of the gains when selling)

6. Leverage – Make money using the bank’s money. You only have to contribute 1/5 of the purchase price and the banks loan you the rest. The bank is a great partner as they just want a small return for lending you the money, and they do not ask you to pay them any of the appreciation.

Many people do not realize that real estate has an internal rate of return other than what you read in the paper such as, real estate prices went up 3% this year. Remember that you realize the gain of 3% on the entire purchase price, not just on your down payment. Ex: if you have a property worth $200,000 and you put down $40,000 to buy it and then the property goes up 3%, the appreciation is $6,000. $6,000 appreciation/$40,000 of your money = 0.15 x 100 = 15% ROI. But that’s not all, since you have tenants paying you rent above your costs every month, you can also add in mortgage paydown, cashflow and tax savings. So when real estate goes up 3% you have a much higher ROI due to the internal rate of return.

New property listed in Kelowna

Tue, 18 Mar 2025 09:03:54 GMT

I have listed a new property at 501S 3409 Lakeshore Road in Kelowna. See details here

Step into a lifestyle at Caban, where the lake is your front yard and Pandosy Village is your playground! This brand new 2-bedroom condo is situated in one of Kelowna's most coveted locations—right across from Gyro Beach and Okanagan Lake in Pandosy Village. This vibrant Lower Mission neighborhood offers the best of urban living with boutiques, coffee shops, restaurants, and shops just a stroll away. Whether you're walking or biking, everything you need is within reach, and downtown Kelowna and the hospital are just a short ride away. Inside, you'll find a bright and open space with high ceilings, premium stainless steel appliances, custom cabinetry, quartz countertops and warm hardwood floors. The design perfectly complements the modern and active lifestyle that comes with living in this prime location. Caban is a brand new 6 story concrete building that offers resort-style amenities that elevate your living experience. Unwind by the infinity lap pool or in the Himalayan salt sauna. Stay active in the fitness centre or relax in the hot tub. The private cabanas and outdoor terrace provide incredible views of Gyro Beach and Okanagan Lake, offering the ultimate escape at home. This is more than just a condo—it's a lifestyle. (id:2493)

New property listed in Kelowna

Mon, 17 Mar 2025 09:04:02 GMT

I have listed a new property at 11 3220 Hilltown Drive in Kelowna. See details here

New property listed in Kelowna

Sun, 16 Mar 2025 09:03:55 GMT

I have listed a new property at 607 3699 Capozzi Road in Kelowna. See details here

Live the Okanagan Dream at Aqua! Wake up to shimmering lake views and start your day with a coffee on your private balcony—this is what living at Aqua is all about. This 6th-floor, 2-bedroom, 2-bathroom condo offers the perfect blend of style, comfort, and resort-style amenities, all in the heart of Kelowna’s Lower Mission and GST is INCLUDED. With an open-concept layout, stainless steel appliances, quartz countertops, and big windows that flood the space with natural light, this home is made for easy living. Whether you’re cooking dinner, hosting friends, or winding down after a day on the water, you’ll love the modern yet cozy vibe. But the real magic? The unbeatable location—Aqua sits right on the beach, giving you instant access to swimming, suntanning, and paddle boarding just steps from your door. When you're not soaking up the sun, take a dip in the outdoor pool, relax in the hot tub, or stay active in the two-story gym & yoga space. The community also features a BBQ lounge, fireside patio, co-workspace, and the exclusive Aqua Boat Club for endless lake adventures. With secure parking, a storage locker, and everything Kelowna has to offer just minutes away, this is more than a home—it’s a lifestyle. Don’t miss your chance to make it yours. Fur families welcome! (id:2493)

New property listed in Kelowna

Sun, 16 Mar 2025 09:03:55 GMT

I have listed a new property at 1810 1488 Bertram Street in Kelowna. See details here