Kelowna, B.C., sees high pre-sale demand for new developments

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Potential buyers are being forced to compete for what little inventory Kelowna has but three new development projects will soon flood the market with extra homes.

Potential buyers are being forced to compete for what little inventory Kelowna has, but three new development projects will soon flood the market with extra homes.“We’ve seen an unbelievable response. We’ve had 7,000 people signed up, giving us their information to get interest in the product,” said Anthony Beyrouti, Orchard Park Properties’ co-founder.

“The area is more vibrant now and when we get going, we think it’s only going to continue and we are very excited to have a positive impact on the community.”Nearby, the Mission Group has opened pre-sales for its second residential high-rise coming to its project, The Block on Bernard Ave and Bertram Street.“There has been a very strong demand.”

Meanwhile, the other residential high-rise, Brooklyn Tower, now sits at 95 per cent of pre-sales sold, according to the Mission Group.Story continues below advertisement The Mission Group’s Aqua Waterfront Village, in the mission area of Kelowna, will soon be coming on the market. “Aqua Waterfront Village we are just finalizing our approvals, so we are definitely focused on that. We are looking forward to sharing more information on the sales launch, later this summer,” said Turri.The project is touted as a resort community that will feature 154 lakefront homes.Vancouver realtors target of racist, threatening messages after listing $12.8M Okanagan home – Apr 28, 2021

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in PROPERTY

Property Property Latest News, Property Property Headlines