Under the Okanagan Sun
• 2,630 sq. ft., 4 bath, 4 bdrm 2 story "Grade-level entry" -
MLS® $569,000
Rutland North - Under the Okanagan Sun, your Kelowna vantage point takes theform of this smartly renovated, spacious 3+1 bedroomed home onlarge lot, featuring sleek hardwood floors. Gorgeous Kelowna Views. Quality upgrades include high-end appliances, flooring and new deck. Look! A mortgage helper -- 1 bedroom suite or bachelor suite -- you pick! Parking galore, so boat and RV will fit.
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Beautiful mountain, valleyand city views
• 1,165 sq. ft., 2 bath, 2 bdrm single story "rancher w/ basement" -
MLS® $323,500 - Pinnacle Vistas
Country View Estates, Ellison - Pinnacle vistas. Beautiful mountain, valley and city viewsfromthis comfortable, 2 bedroomed rancher with full walk-out basement (translation: potential!) in Country View Estates. Superb location, close to airport, golf-courses, lakes, and wineries, yet just 10 minutes to downtown Kelowna. Hot tub negotiable. Bare-land strata -- youown the land and the house. Low strata fees include cable TV. Quiet 19+ community in park-like setting. AC, UG sprinklers,
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Country View Estates in Sunny Ellison, Kelowna - We invite everyone to visit our open house at 21-6400 Spencer Road on December 12 and 13 from 12:30 PM to 4:30 PM.
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Come join us for the Open House Saturday/Sunday December 12th and 13th from 12:30 - 4:00 p.m. See the Country Views at Country View Estates! Address is 21-6400 Spencer Road, Kelowna, BC just off the north-east corner of the airport and up the hill from the Ellison Market. This house is well-appointed with underground sprinkler system, reverse osmosis water system, central air conditioning, a shed complete with snow blower, lawn mower, and tools, and a hot tub! Combine that with story-book views in a quiet, semi-rural community and you've got the dream package at $389,900. Take a sneak preview at http://countryview.bettyannetarini.com
Breathtaking views
• 287 sq. m., 3 bath, 2 bdrm 2 story "Colonial" - $289,000 USD - Exquisite Craftmanship
San Pedro Las Huertas , Antigua - Looking to retire in style? Opting out of the "economic melt-down"? Here is an oportunity to improve your quality of life in this exquisitely crafted Colonial home just 8 minutes from the heart of Antigua Guatemala. This 3,000 square foot home has features too numerous to mention and must be seen. A spa-like master suite opens onto an expanisive wrap-around Spanish terrace with a breathtaking view of the Panchoy Valley. The living room and dining room open out onto another terracotta patio through hand-crafted cedar French doors. His and hers studios are joined through a novel pocket door. Three gorgeous fireplaces heat the home during chilly January evenings. Water is heated by solar panels on the roof. This home is built to North American standards on a rebar re-inforced concrete slab and partial basement with laundry room. It is wired for interenet, and cable throughout the house. Loving attention has gone into Colonial detailing such as the antiqued wrought iron work, flagstone steps, aged terracota foors, adobe walls and cypress pillars for the terrace. Fabulous value at $289,000. Listing coutesy of Laura Readinger of Re/Max Colonial in Guatemala. Home is owned by a realtor licensed in the province of Alberta, Calgary.
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There isn’t a right answer when it comes to this question. While it is true that, historically, real estate has performed steadily as a hedge against inflation and a means to build equity, home ownership is not for everyone. Hot market “flippers” aside, a general rule of thumb is that buying a home makes sense only if you plan to live in it for a minimum of three years. Buying a home is a serious commitment of both time and money. The Canadian Mortgage and Housing Commission (CMHC) outlines the good, the bad and the ugly of home ownership on their website: It can provide financial security against rising house prices, the stability of having a place of your own, and the flexibility of being able to renovate and decorate to suit your own taste. On the other hand, there are the stresses of coming up with a down payment, making the mortgage payments and paying for unexpected maintenance and repairs.
Views! Views! Views!
• 1,505 sq. ft., 2 bath, 4 bdrm single story "Rancer with basement" -
MLS® $389,900 - Adjusted for market
Ellison, Kelowna - Come and see the view! This spacious yet affordable 4 bedroom rancher is surrounded by gorgeous valley and mountain views. It is located on a corner lot, across from a provincial reserve, so there will never be anyone to block the view. The strata is friendly and the fees are low. The common areas are pristine. Country View Estates is conveniently located about 15 minutes from the heart of Kelowna, close to the airport. There are golf courses, lakes, orchards and wineries minutes away. The house includes central air, reverse osmosis water system, herb garden, phantom screen doors, hot tub outside, jacuzzi tub inside, new fiberglassroof with ridge vents, underground irrigation, garden shed with lawnmower, snowblower and tools, gas fireplace, heatblinds, free RV parking in gated compound, water softener, mounted TV in kitchen. Furniture negotiable. If the grass looks daunting, it can be contracted out for $25 per cutting.
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Highland Park, Calgary - The bungalow at 3404 Centre A St NE has been sold.
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Saying "I own Real Estate In [pick your favorite tropical paradise]" sounds way cool! But watch out for the "grass is greener" syndrome. Without local and independent legal advise, you can get into BIG trouble.
Rule #1 - Go down at least TWICE. Never buy sight unseen. If they don't want you to come down, they are hiding something. Visit in high and low season. Visit without notice. Witness the "non-holiday truth". Do research on weather. Are you paying local pricing or foreigner pricing? Prices may look cheap compared to the North American market, but may in fact, be inflated for the area.
Rule #2 - Know the property laws of the country. Do your own homework. What restrictions are placed on foreigners regarding ownership, travel and length of stay? Is it a stable government or will the rules be changing constantly. Is it friendly toward foreigners? What are the laws regarding squatters' rights? What appropriation rights do the many levels of government have? What is the currency like? Is it strong, weak, or pegged to the US dollar?
Rule #3 - Have your own legal representation that understand local laws and rules. What type of financing/leverage can you get? Dig into the tax implications of buying the property both in the country you are buying and your own country. Is there a tax treaty between your country and the target country? How will profits be taxed? How long can you be out of your country?Regarding property taxes, are you paying at the local rates, or at a rate higher for foreigners?
Rule #4 - Make sure there is adequate property management available. How will the money be transferred to you in the event of a sale or if the property is rented? By wire transfer? How often? What amounts will be held back? Do you have to open a local bank account? What types of communications are forth-coming from the property manager? What happens if the money doesn't come?
Rule #5 - Make sure you can actually own property there! Can foreigners hold the title? What is the Title Dispute Resolution process? How accurate are the titles? Are indiginous rights issues possible? Is it actually real estate you are buying or a "piece" of a project?
Rule #6 - Have an exit strategy. How resellable will the property be? How accessible is it to local existing amenities? to water? to the Airport? This is what another buyer will want. What is the competition in the area?
In the end, consider: Is it real, or is it a dream? With proper attention to these details, you can make sound investment decisions or plan for your retirement with confidence.
Kelowna South, Kelowna - Announcing a price reduction on 2-2124 Pandosy Street, a 970 sq. ft., 2 bath, 1 bdrm single story. Now
MLS® $328,000 - Cool Condo @ Cadder House.
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1900 sq. ft of living space!
• 1,900 sq. ft., 2 bath, 3 bdrm single story "Second floor, one level" -
MLS® $486,000 - Custom Total Renovation
Kelowna South, Kelowna - What's left wanting? This will satisfy the fussiest buyer. $180,000 worth of renovations include custom cabinetry, double wall mount convection ovens,Dacor Ceran cooktop,Boran hoodfan. Huge decks wrap around and invite long, lingering evenings of entertaining, one overlooking the creek, one so big itfeels like afront lawn! High end plush carpeting makes your feet cry for more. Danish hardwood throughout hallways and kitchen. Spectacular bathroom with clawfoot soakertub. Silk taffetadraps and sheerweave rollup blinds are the icing on the cake. You've just GOT to see it. Listing courtesy of Grant Good, Sundance Realty Group.
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Glenmore, Kelowna - Announcing a price reduction on 1797 Glenella Place, a 2,120 sq. ft., 2 bath, 5 bdrm single story "With developed basement". Amazing basement suite. Now
MLS® $468,000 - Completely Redone!.
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Two Suites on 5 levels
• 105 sq. m., 3 bath, 4 bdrm 5-level split "3 level main floor,2 level bsmt suite" -
MLS® $389,900 - Revenue Property!
Ogden/Lynnwood/Millcan, Calgary - This expansive 5-level split still fees like new. An open concept kitchen,big west-facing bay window, large master bedroom with ensuite bathroom and convenient upstairs laundry. Nice big deck off the back overlooks a tidy,fenced yard. A beautifully finished, fully separate mother-in-law suite occupies the lower 2 levels, with its own laundry and entrance. Nice double detched garage backs onto the lane. This property is a great revenue property as its convenient location, on the bus route, near Glenmore Trail, Barlow Trail, and Deerfoot, shopping and schools makes it attractive to renters. Currently tenanted upstairs and down. Upstairs rents for $1250. Basement suite for $700. Tenants pay all utilities and would like to stay.
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With Mortgage Helper
• 2,120 sq. ft., 2 bath, 5 bdrm single story "With developed basement" - $487,000 - Completely Redone!
Glenmore, Kelowna - This beautiful family home has been lovingly renovated by the owner, a skilled contractor of more than 30 years experience.
Completely redone inside and out, this 5-bedroom home has received over $68,000 of upgrades including new windows, new roof, hotwater tank, paint and flooring. The $15,000 rear deck is heated! A 20x22 shop has it's own furnace, is insulated and boasts 9' ceiling for the home hobbyist or business. A beautifully appointed mother-in-law suite completes the package. All of this against a mature and beautifully landscaped background. Great value at $487,000.
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(Listing courtesy of Grant Good - Sundance Realty Group)
Highland Park, Calgary - Now We're Cookin'! Announcing a further price reduction on 3404 Centre A St NE, a 1,600 sq. ft., Side by Side duplex with basement suite. Total of 3 revenue generating suites on a 60' R-2 lot.
MLS® 3392613 Now only $499,000 - Reduced!.
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