What You Need to Know Before You Move to Kelowna BC

Don’t even think about making a move to Kelowna until you finish reading this blog post and watching the video!

Here are the Top 5 Steps you need to take BEFORE you make a move across the country, across provincial borders or within BC itself!

I think we can all agree that Kelowna is known for its stunning natural beauty and growing job market, it’s a popular destination for those looking to relocate, especially within the last 3 years or so.

I know from personal experience that moving to a new city regardless if it is from a different province can be overwhelming. So it's important to have a plan in place. 

In this video, I am going to break down the top 5 steps for moving here to Kelowna, so you can make your transition as smooth as possible.

Step One in Moving to Kelowna

  1. Research the area: Before making the move, it's important to research the area to get a sense of what it's like to live in Kelowna. Look into the job market, housing prices, and the cost of living. This will help you make an informed decision about whether or not Kelowna is the right place for you. I HIGHLY suggest, if you have the time and the inclination, to come out here for a week at different times of the year and really explore the neighbourhoods, get a sense of what it’s like to live here. Once you get here, it’s tough to go back if you don’t like it. Here's a good resource if you are interested in demographics and economics of Kelowna

Step Two in Moving to Kelowna:

  1. Find a place to live: Once you've decided to move to Kelowna, the next step is to find a place to live. Whether you're looking for a rental or a place to buy, research different neighbourhoods and visit them in person to get a feel for the area. Do you have kids? School districts are going to be important. Do they play sports? Communities like Lake Country or West Kelowna are something to consider when looking at commute times into the city. Do you want to be in the heart of the city? Then maybe condo living is more your style. Start with the lifestyle and work your way from there

Ok here is step #3 to Make Your Move to Kelowna

  1. Sort out your finances: Moving can be expensive, so it's important to make sure you have your finances in order. This may include saving up some money, budgeting for the move, will you hire movers or use a sea can? There’s a big difference in pricing there so know what you can afford. Also make sure to get your credit in check, the last thing you want is any hiccups when you come out to go house shopping. You should know that BC has a land transfer tax that is payable on closing. You’ll likely need a home inspection or a condo document review, maybe an appraisal, title insurance and or CMHC fees, of course your legal fees and depending on when you buy, you may owe property taxes. Get it all out on the table, of course, I can help you navigate through all of that.

Moving to Kelowna Step Number 4:

  1. Get all your paperwork in order: Make sure you have all the necessary documents for your move, including a driver's license, passport, and any other identification you may need. As for the mortgage pre-approval, make sure you have your pay stubs, an employer letter and 2-3 years of your notices of assessment depending on if you are self employed or not. 

And last but not least here is step number 5

  1. Pack and move: Once you have all your paperwork in order and your finances sorted out, it's time to pack and move. Hire a reputable moving company, and start packing your belongings.There is a big difference in price when looking to hire movers versus the sea can option of packing it yourself and having a company like Secure Rite ship it for you. This is how we made the move and saved ourselves around $16,000 in the process.

If you have any questions about making a smooth transition to Kelowna, reach out and give me a call at 778-716-7527 or send me an email to

Watch the video below and make sure to like and subscribe to the LiveLoveKelowna YouTube Channel


Kelowna Real Estate: For Sale #301 1883 Water Street

Kelowna Condo off Pandosy for Sale 

Have you seen all of the condo listings in Kelowna South for sale and are looking for a new opportunity to settle down and enjoy the condo life in the Okanagan?

Well you are in luck, #301 1883 Water Street has just hit the market and it is ready for its new owner.

This is an absolutely gorgeous condo with 3 bedrooms and 2 bathrooms, a walk in butlers pantry, large 10 foot Quartz 'Waterfall' island a ton of cabinet space and so much more.

Located just off of Pandosy, 1883 Water Street is a very quick 5 minute walk to the downtown core, which is critical if you want to take in some of the nightlife or the many events downtown during the summer months. 

Now you don't have to worry about parking or making the drive home after a few cocktails at your favourite watering hole!

If the beach is more your jam, then 1883 Water Street has you covered there as well. You would be within a 5-10 minute walk to 8 different beach access points on Okanagan Lake.

Imagine friends and family coming for a visit and you could walk over to the beach instead of having to drive and worry about finding parking!

Here is a full list of the Upgrades and Features of #301 1883 Water Street

  1. Butler's pantry - Unbelievable storage and massive kitchen with 10 ft island with waterfall quartz top and under counter lighting
  2. Upgraded lighting fixtures, flooring
  3. Two massive decks
  4. Large welcoming entrance into condo
  5. Mountain views from all windows
  6. Upgraded heated tile in master bathroom
  7. Two side by side heated underground parking stalls and a storage locker on same floor as condo
  8. Upgraded full wall height stone wall with electric fireplace
  9. Upgraded laundry quartz countertop with cupboards
  10. Watch the fireworks from the comfort of your private balconies 

 And there's more...

  1. Quick access to/from Highway 97 and the bridge
  2. Within short (10 minute) walking distance from eight (8) beach access points (Hot Sands Beach - City Park, Lake Avenue Dog Off-Leash Beach, Vimy Ave beach access, Beach Ave beach access, Burne Ave beach access, Cadder Ave beach access, Royal Ave beach access park, Strathcona beach park)
  3. Experience the best of both worlds in Kelowna, close enough to enjoy the night life and many tourist activities, yet far enough away to avoid the noise, crowds, and parking challenges
  4. Enjoy quiet strolls through Kelowna's amazing Abbott Street Heritage Conservation Area, just across Water Street from your new home
  5. Five minute walk from downtown, where you can enjoy many unique shops and cafes, entertainment, and fine dining
  6. Secure bike storage room in parking garage
  7. Guest suite
  8. Underground visitor parking
  9. Workout facility
  10. Easy access to public transit and a large network of protected bike trails
  11. Short walk or drive to the Kelowna General Hospital and numerous health and wellness services in the area
  12. Nestled adjacent to Mill Creek and green space
  13. Reading area with stocked library in main foyer

What About the Parking at 1883 Water?

Great question, this property comes with 2 parking stalls and ample street parking for friends and family when they come for a visit.

The parking rates in downtown Kelowna have gone crazy the last couple of years especially if you are looking to park in a lot managed by one of those large companies.

So rates are crazy and if you are looking for street parking, things are going to get tough as well, summertime parking downtown around the marina is impossible.

That's why you want to be close enough to downtown to walk and leave your vehicle, without being in the downtown core. This is something that Magala place has over SOPA up the road in Pandosy, proimity and walking distance to the downtown core.

Interested in a Virtual Walkthrough for this Kelowna South Condo?

I would STRONGLY urge you to view this home in person, the virtual tour just doesn't do it justice.

That said, this is a good place to start at least, check out the virtual tour for #301 1883 Water Street below:

If you are just interested in viewing this gorgeous property in Kelowna South in person, then reach out and give me a call at 778-716-7527 or email to set up your private tour.


Kelowna Real Estate: A Comprehensive Guide to Selling Your House in BC's Beautiful Okanagan Valley

How to Sell Your Home in Kelowna

If you're looking to sell your house in Kelowna, BC, there are a few things you NEED to know – the city's real estate market is has shifted, demand for homes and properties in the beautiful Okanagan Valley has dropped and it is more important now than ever to make sure you are ready and aware of what you need to do before you list your Kelowna home for sale.

Whether you're looking to sell your home to upgrade to a larger property, downsize to something more manageable, or simply move on to a new location, Kelowna has plenty to offer.

But selling a house can be a daunting process, especially if you're doing it for the first time.

From determining the right asking price to getting your home ready for showings and dealing with potential buyers, there's a lot to consider.

That's why we've put together this guide on how to sell your house in Kelowna, BC

Step 1: Determine the Right Asking Price

One of the first – and most important – steps in selling your house in Kelowna is determining the right asking price.

You want to get the best price possible for your home, but you also don't want to overprice it and turn away potential buyers. So how do you find the sweet spot?

There are a few factors to consider when setting your asking price:

  • Market conditions: The state of the local real estate market can have a big impact on your asking price. If demand for homes in Kelowna is high and supply is low, you may be able to ask for more. On the other hand, if the market is slower, you may need to be more flexible on price. You can get a sense of the current market conditions by talking to a real estate agent or looking at recent sales data for your area.

  • Comparable sales: Another way to gauge the right asking price is to look at comparable sales in your area. This means finding homes that are similar to yours in terms of size, age, condition, and location, and seeing what they sold for. This can give you a good idea of what buyers are willing to pay for a home like yours. You can find comparable sales data through a real estate agent or by searching online databases.

  • Home improvements: If you've made any updates or renovations to your home, they can also impact the asking price. For example, if you've renovated the kitchen or added a new bathroom, you may be able to ask for more. It's important to keep in mind, however, that not all home improvements will necessarily increase the value of your home. A real estate agent can help you determine which improvements are likely to have the most impact on the value of your home.

Step 2: Get Your Home Ready for Showings

Once you've determined your asking price, the next step is to get your home ready for showings.

This means making any necessary repairs or updates, and staging your home to make it as attractive as possible to potential buyers.

Here are a few tips for getting your Kelowna home ready for showings:

  • Make small repairs: Take care of any small repairs that need to be done, such as fixing leaky faucets or repairing holes in the walls. These little things can make a big difference in the eyes of potential buyers.

  • Declutter and depersonalize: Remove excess clutter and personal items from your home to make it feel more open and inviting. You want buyers to be able to envision themselves living in your home, so it's important to remove

  • Get Your Home Professionally Cleaned: Trust me on this, having a cleaner come in prior to photos will take a lot off of your plate and will ensure that the house or condo is going to shine when it comes time to getting the photos completed. You only get one chance to make a good first impression

Step 3: Get Yourself Ready for Showings

Of course we aren't suggesting that you go out and get a hair cut, a pedicure and a new wardrobe in order to get ready to sell your home. What we mean is to get in the right headspace, selling your home is not always easy especially with how the market has shifted here in Kelowna in 2023. Here are a few tips to help you get your mind right before your Kelowna home goes on the market: 

  • Set Your Expectations: Your Kelowna Realtor should have educated you on the state of the market, so you should know what to expect as soon as you go live on the MLS. Being that we are now in a buyer's market, don't expect the door to be knocked down the first day or the first week.
  • Make sure the House is Ready: Make sure you have a game plan to ensure the house is ready before you go to work. Clean and make sure the house is ready to go before you go to bed or prior to leaving for the day to go to work. It's up to you if you want to leave the lights on, I don't suggest all of them, but maybe the power rooms. Alternatively you can pick up remotes for your plug in lights at Home Depot for about $20, put the lights on a timer so they aren't on all day long.
  • Be Accomodating: Something that a lot of seller's don't realize is that the buyer's and the buyer's agent will typically have a schedule for their tour. If you cancel showings because it's not convenient, you might be losing out on a showing in a market that has a lot more competition than it did in 2022 or 2021. Make sure you are ready to go as soon as the request is made, if you need an hour or two to make sure the house is ready to go, then make that clear with your Kelowna Realtor prior to listing.

Step 4: Dealing with Offers, Contract & Closing

There is a saying that a lot of us live by and that is: "The first offer is typically, the best offer". Not becuase it is the best offer, but becuase you got an offer on your home. In any market it is essential that you not turn that buyer and that offer away, it is imperative that you try and work with that buyer to come to an agreement. There is a caveat of course, and that is, if the number is ridiculously low and you don't feel you can come to an agreement, then feel free to let the buyer walk.

  • Respond, Don't Ignore: When you get an offer, it is important to let the other side know that you received the offer and that you are working on a response. Keep in mind that buyer has probably looked at multiple homes and have decided that they loved yours the most so we need to show them that respect by being responsive
  • Counter Offer: Unless the offer price is at full ask or on the dot at your number that you'd let the property go for, you HAVE to counter the buyer's offer. At this point, you should have already worked out a strategy with your Kelowna Realtor so that you have an idea of what the buyer will come in at and how you will respond. The trick is to keep the buyer interested while moving them to your number, this is where a master negotiator would be good to have in your corner.
  • Acceptance & Deposits: In order to have an accepted offer you need initials and signatures by both parties to the contract. If you don't have signatures, you don't have an agreement of purchase and sale. Also, keep in mind that in BC (which is very different from Alberta) that deposits are typically delivered AFTER conditions are removed. THIS is completely negotiable and doesn't have to be this way, make sure you are informed before you accept.
  • Recission Period: This part sucks but can be beneficial for you as a seller if you and your agent understand the rule. The buyer will have a 3 day period after acceptance of the offer to decide whether they want to rescind the contract. If they decide to do this, they wind up owing you, the seller, money. For more information on this new rule for BC Real Estate, watch the video I did here.
  • Conditional Period: Typically you will find most buyers will need 7-10 days to waive their conditions. They will need a home inspection or a condo document review along with a financing condition. In the market we are in now, you might start to see a sale of the buyer's home condition as part of an offer as well.
  • Closing & Possession Days: A lot of times, these two days are different but they don't have to be. It seems lawyers like to see the day the money is transferred to be the closing day and the possession day to be the following day so that they can make sure there are no hiccups. If this is in the contract, know that the day your home has to be ready for key release is the possession day!

Selling your home in Kelowna is not always an easy thing to prepare for, especially if you are a first time seller. Interestingly enough, this is an area that I specialize in, at some point in the last 4-7 years you were a first time buyer and now you are a first time seller.

There's a first time for everything, I can help you get prepared and feel confident about moving forward, whether you are looking to upsize, downsize or rightsize, you need an experienced guide.

If you are interested in downloading our pre-listing plan, then you can do that right here.

Want to chat about selling your home in Kelowna? Let's schedule a call, you can email me or you can give me a call at 778-716-7527


Top 4 Neighbourhoods to Buy in Kelowna in 2023

Where Should You Buy a Home in Kelowna in 2023?

So are you thinking about buying a home in Kelowna?

If so, you're in luck - Kelowna is home to some of the most desirable neighborhoods in the Okanagan, and on today’s blog and video (below) we are going to cover the top three neighbourhoods to buy in 2023.

With so many great options to choose from, it can be tough to narrow down the search. That's why we've compiled a list of the top 3 neighborhoods to buy in Kelowna in 2023 based on proximity to schools, shopping, infrastructure and lifestyle options like hiking, swimming and boating.

But before we get into the list, let me ask you a question: What do you value most in a neighborhood? 

Is it proximity to amenities and downtown? Great schools and parks? Or maybe you're looking for a more laid-back, rural vibe? No matter what you're after, Kelowna has something for everyone.

Without further ado, let's dive into the top 3 neighborhoods to buy in Kelowna in 2023.

Buying a Home in Upper Mission: Neighbourhood #1

First up, we have Upper Mission. This southeast corner of the city is a popular choice for families and professionals alike, thanks to its close proximity to shopping, recreational facilities, world class golf courses, hiking trails and great schools like Chute Lake Elementary, Canyon Falls Middle School and Okanagan Mission Secondary.

It's also surrounded by rolling hills and stunning views of Okanagan Lake, making it a paradise for outdoor enthusiasts.

Homes in Upper Mission range in price price from $630,000 for a vacant lot with single family homes starting at around the $900 thousand mark and go all the way to 8 million. You can find townhomes, when they are listed (they have a tendency to go quickly), starting at the mid to high $600 thousand range.

Buying a Home in Glenmore: Neighbourhood #2

Next, we have the Glenmore area. Located just a few minutes from downtown Kelowna, this neighborhood is perfect for those who value convenience and proximity to amenities.

It's also home to a number of great schools like Glenmore elementary and Dr. Knox Middle School  making it a top choice for families. If you are wondering about home prices in Glenmore, there are some fantastic options between $700 thousand and a Million and you can find your dream estate home starting at around $1.5 million dollars.

Buying a Home in Lower Mission: Neighbourhood #3

Last but not least, we have the Lower Mission. This neighborhood is known for its laid-back, beachy vibe and is a popular choice for those who love the outdoors.

It's home to a number of parks, beaches, and trails, making it a great place to enjoy the Okanagan's stunning natural setting. If you are family with school aged kids you will find Lower Mission has access to all three levels of schools with Anne McClymont elementary, KLO Middle and Okanagan Mission as the high school.

If you are in the market for a home in Lower Mission then you are in luck, you can build in Orchard Park or you can buy a pre-owned home starting in the high $800 to low $900 thousand dollar range. If you are more of a condo person, you’re in luck as Lower Mission has a mix of townhouse and apartment style strata.

With the new rule changes coming into effect you will have a little more choice with no age restrictions allowed in the province. Prices for an apartment style strata will start at the $250 thousand mark and go up from there.

Investing in Kelowna North: Neighbourhood #4

Kelowna North is a high density neighbourhood with enormous upside potential with the pending development of the old Tolko Mill Site which is currently undergoing remediation.

The development will be massive and will take advantage of the waterfront and will incorporate the landscape into the architecture, there is no doubt about that.

Right now there are multiple opportunites to buy and hold in Kelowna North, this kind of real estate investment is not short term, it will be a long term type of opportunity.

The potential upside for this area could wind up being very lucrative with the redevelopment of the old Tolko Mill site which will most likely include shopping, restuarants and of course a mix of commercial and high density residential real estate.

This development has the opportunity to completely transform Kelowna North to a very urban, trendy community in the north part of Kelowna's downtown area.


Living in Kelowna, BC: Spotlight on Upper Mission

If you're in the market for Kelowna real estate, you'll want to take a closer look at the Upper Mission neighborhood.

Located in the southeast corner of Kelowna, Upper Mission is a popular choice for families and professionals alike, thanks to its close proximity to great schools, shopping, and recreational facilities.

One of the key features of Upper Mission is its stunning natural setting. Surrounded by rolling hills and stunning views of Okanagan Lake, this neighborhood is a paradise for outdoor enthusiasts.

The area is home to several parks and hiking trails, making it easy to get out and enjoy the beautiful surroundings.

Another draw of Upper Mission is its close proximity to some of Kelowna's top schools. The neighborhood is home to a number of excellent elementary like Chute Lake Elementary School, middle school at Canyon Falls Middle School and secondary school at Okanagan Mission, making it a great choice for families with children.

In terms of real estate, Upper Mission offers a range of housing options to suit a variety of budgets and lifestyles. You'll find everything from cozy starter homes to luxurious estates in this neighborhood, with prices ranging from around $700,000 to over $1 million.

Where is Upper Mission Located?

One of the great things about Upper Mission is its location which is in the south east part of Kelowna, straight up Gordon Drive.

It's just a short drive from the downtown core, making it easy to access all of the amenities and attractions that Kelowna has to offer. It's also relatively close to the airport and major transportation routes, making it a convenient choice for commuters.

If you're in the market for Kelowna real estate, be sure to check out the Upper Mission neighborhood. With its stunning natural setting, great schools, and range of housing options, it's a great place to call home.

Make sure to subscribe to our YouTube Channel to get more videos about Upper Misison and surrounding areas.

What is the Cooling Off Period in BC?

To Rescind or Not Rescind, That is the Question!

In January of 2023 a new rule will take effect and it will affect both buyer’s a sellers of real estate here in Kelowna BC.

It’s called the Home Buyer Recission Period.

Under the new regulation, some buyers for some residential properties will have three business days to change their mind, for any reason, and walk away from an accepted Contract of Purchase and Sale.

There is a cost to enacting this, more on that in a minute.

So let’s walk through a hypothetical example…you find the home of your dreams, you write an offer, negotiate and get that offer accepted which is of course in writing.

You go home and are all excited, but there is something that is eating away at you and you just can’t place it.

In the morning you wake up to something we call buyer’s remorse and have decided that you don’t want to follow through with the purchase after all and you decide to exercise your option to rescind the contract.

You would have three days to make that decision, but that decision would come with a price to it, it would cost you .25% of the purchase price of the home.

And you would owe that money to the seller. If you had a deposit that was delivered after acceptance of the contract by the seller, then that .25% would come out of your deposit.

If there was no deposit, you would owe the seller that money, so to keep the math simple, on a $1 Million dollar purchase, you would owe $2500.

How is This Different Than Just Walking Away From Conditions?

So you might be thinking how this is different if you had conditions in the offer and wound up walking away from the house on inspection or financing?

In those instances, you would have acted in good faith and worked hard to get the purchase of your dream home to go through by paying for a home inspection and working with your bank or mortgage broker to get your financing approved.

Once you exercise this option, there is no going back, so not only do you need to be absolutely sure about the home that you are purchasing but you must be rock solid on whether you are going to kill the deal using this out because it could cost you.

Now, I think that the government is about 2 years too late with this piece of legislation. This idea was brought about when the market was hot and when there was a lot of emotion in the decision making process. 

This legislation would have provided an out for that buyer that wound up feeling remorseful.

There are some exemptions in this legislation, here's a link to the BCREA website that will give you all the detail that you will need moving into 2023. 

As always, if you are looking for a guide to help you find that perfect Okanagan home, or an experienced marketer to help you with the sale of your existing Kelowna property, then we should talk.

You can always email me at or give me a call at 778-716-7527.


Where in the World is Lake Country, BC?

Are You Thinking of Making a Move to Lake Country?

I know over the course of my last 18 videos I’ve covered off various topics about Kelowna. In today’s video I want to introduce you to an area just 15-20 minutes north of Kelowna called Lake Country.

Lake Country is a small community that is situated between Lake Okanagan to the west and Lake Kalmalka and Wood Lake to the east.

Now I have been writing and rewriting what I wanted to say about Lake Country but finally found that Tourism Kelowna captured it perfectly in their description which you can find on their website which I have linked up below:

“Home to three major lakes - Okanagan, Wood, and Kalamalka - below the lush valley hills, Lake Country has unparalleled natural beauty. Lake Country offers something for every member of the family. Fish or wakeboard on Wood Lake, hike Spion Kop, cycle the Okanagan Rail Trail, tour wineries along Lake Country's Scenic Sip Wine Route, explore working farms and orchards, visit a working artist, or zipline above the lakes and forest. Be sure to save some time to swim or simply relax on the beach and enjoy our warm Okanagan sun.”

Is Lake Country Part of Kelowna?

Lake Country is split up into three major areas that we refer to in our MLS, we have Lake Country Northwest, Lake Country Southwest and Lake Country Oyama. Lake Country North is located north of Okanagan Centre Road and ecompasses subdivisions west of Highway 97 all the way over to Okanagan Lake. 

Lake Country South are the subdivisions south of Okanagan Centre Road East and is on the west side of Highway 9, again, taking you all the over to Lake Okanagan.

Now Lake Country Oyama subdivisions are east of Highway 97 at the south end of Wood Lake, they also move up the east side of wood lake all the way up to the south end of Lake Kalmalka.

I think it’s fair to say that Lake Country is kind of spread out. It is a beautiful area, there is no question and there are a lot of things to do, like I mentioned before.

What Schools are in Lake Country BC?

Lake country has all three levels of schools with Davidson Road and Peter Greer Elementary Schools, HS Grenda Middle and George Elliot High School.

If you’ve got kids that play sports, I can tell you that you will be driving…a lot. 

From volleyball and basketball tournaments to baseball games and football games, a lot of those events and team sports take place in Kelowna.

Now you don’t always have to be on the highway as you can take Glenmore Road into the city which will spit you out close to UBCO and essentially along the northwest side of Kelowna (not to be confused with West Kelowna).

Overall I love Lake Country, in fact, when we were trying to decide which areas we wanted to move to in and around Kelowna, Lake Country was number 2 on our list.

If you like a quiet, slower paced, family friendly community, Lake Country ticks all the boxes.

If you are thinking of making a move to Lake Country, I would be happy to be your guide. You can give me a call at 778-716-7527 or send me an email to to get the ball rolling.


Changes to the BC Strata Property Act: How Will This Impact Kelowna Real Estate?

What are the Changes to the Strata Property Act?

On November 21 Bill 44 was introduced into the BC legislature which proposed changes to the Strata Property Act regarding rental and age restriction bylaws, electronic meetings, and more.

Today I am going to go over the changes that were proposed through the bill and what the implications are for strata corps, owners and also for buyers.

Here are the main points with respect to the Rental Restrictions:

  • No rental restriction bylaws would be allowed in any strata corporations in BC.

  • A developer would no longer be required to issue Rental Disclosure Statements and a strata would no longer be required to keep those records.

  • (Existing wording unchanged) The strata corporation would not be able to screen tenants, establish screening criteria, require the approval of tenants, require the insertion of terms in tenancy agreements or otherwise restrict the rental of a strata lot.

Ok so what does that all mean?

Basically there will no longer be any rental restrictions in strata buildings in BC. There are buildings here in Kelowna that restrict the number of units that can be used as rental units. That all goes away with this amendment to the act.

There was some concern that there would have been changes to how AirBnB’s are allowed to operate in the province, but so far there have been no changes to that. AirBnB’s will remain at the discretion of the strata corp and its owners.

In terms of the rental disclosure, right now it is required to disclose how many rental units exist in the building or development you are looking to purchase in.

That also goes away.

Why is it important as a buyer?

Well if you are buying into a development that you plan on living in, you may want to know how many units are owner occupied. 

This is why the left the provision in for strat corps to be required to track all of this information, for example a list of names of owners, tenants and landlords needs to be kept and available upon request.

Now that said, just because they aren’t required to disclose it doesn’t mean that they don’t have to, you can ask for the disclosure at which point they will have to give you that information.

The last point there I think is pretty self explanatory…strata corps won’t be able to screen tenants.

Big Changes to Age Restrictions in Condos in BC

Ok the other big changes have to do with age restrictions and they are as follows:

  • Age restriction bylaws would be allowed for any ages 55 or greater.

  • No other age restriction bylaws would be allowed.

  • The age restriction would not apply to a caregiver who resides in the strata lot for the purpose of providing care to another person who resides in the strata lot and is dependent on caregivers for continuing assistance or direction because of disability, illness, or frailty.

Right now there are developments in Kelowna that have restrictions on age of 19 years or older, strata corps will no longer be allowed to put up this restriction or any other age restriction with the exception of 55+.

The last point there has to do with say a person that is a caregiver and is younger than 55+ but is caring for someone that is 55 years or older.

All of that said, this pertains to occupancy and NOT ownership.

Meaning, if you are 29 and want to purchase a condo unit in a building that is 55+ and then rent that unit out to someone that is 55 years of age or older, that is within the rules.

The last rule changes are much less headline grabbing but important all the same and they are:

  • All strata corps would be able to hold annual and special general meetings by telephone or other electronic means without a bylaw

  • Issues with voting cards and secret ballots at electronic general meetings would be resolved by:

    • The electronic means must enable the chair of the meeting to identify whether a person attending by electronic means is an eligible voter.

    • There would be no requirement to issue a voting card to an eligible voter attending an annual or special general meeting by electronic means.

    • An eligible voter attending an annual or special general meeting by electronic means would not be entitled or required to vote by secret ballot.

So like I said, not sexy but important, as of today if you wanted to hold an AGM or special meeting over Zoom it would have to be in the bylaws of the corporation, which would mean quorum of 75% and a vote to take place at the AGM to change the bylaw if it isn’t already in there. 

This can take years to accomplish so the BC government has removed that requirement.

Some big changes are on the horizon.

 I think the changes to the rental restrictions and the age restrictions are pretty self explanatory when it comes to the why.

Will This do Anything to Solve the Housing Shortage in BC?

The BC government claims it wants to open up more units that would be available for housing.

The estimation is that there are some 300,000 units in the province that have some kind of rental restriction on them.

In another example of why the government does what it does, the lifting of these restrictions are only on buildings that were built 2010 or prior.

So I guess the big question is this, with 300,000 new units now available for rent, will this be enough to push the price of rentals down and make it a little more affordable for renters?

Or will this change in the legislation open the door for investors to increase their portfolios, further increasing the competition for these units and potentially driving prices up.

My feeling is if there were over double the amount of units under current restrictions, the supply just might outpace the demand.

I’m not 100% certain that this is going to have the desired effect that the new premier of BC is looking for.

If you are looking to purchase a condo in the Kelowna area, then we should talk. I have over 15 years of selling condos and have taken courses to increase my knowledge base that only benefits my clients. 

If you are interested in the conversation, then give me a call at 778-716-7527 or send me an email to


Are Kelowna Real Estate Prices Crashing?

The REAL Statisitics for Kelowna Real Estate Values

In today's Kelowna Real Estate blog we are going to review where the real estate market is for Kelowna, it is now November of 2022 and the sky isn’t falling!

It may be 'correcting', but it certainly isn't falling.

Now that said, are we seeing a trend in the marketplace with respect to sales and now to prices?

Yes and we will certainly get to that in just a minute.

First I am going to go over just a few generic numbers that don’t really paint a picture without context so here we go: 

Right now there are 2352 listings in the MLS for the Central Okanagan which also includes Big White as well as West Kelowna, Peachland, Ellison, Fintry and Lake Country.

The average days on market is quite a bit higher than last year, but also within what we would call a normal market at 42.

Kelowna's Benchmark Price which in the graphic above is an average of the three different property types, Single Family, Apartment Condo and Townhouses, it is sitting at $757,000.

The total number of sales year to date is sitting at 4561.

What is Pricing Like in Kelowna this November?

I will tie this data in as we go along, for right now though let’s look at some pricing in these different property types:

The Kelowna Single Family Home Benchmark Price is sitting at $981,800 for the 3rd Quarter of 2022.

Now if we look back 12 months ago the Benchmark pricing is sitting pretty close to where it is today.

It was only slightly higher at $982,400

The Townhouse Benchmark price is sitting at $771,000 where one year ago it was $709,000 which is an increase of about 8% year over year.

For a market that is supposed to be tanking, this property type seems to be pretty resilient.

Alright, the apartment strata Benchmark price this last quarter was $519,000 where last year it was $478,100 which is an increase of again, about 8%.

The numbers are just so easy to manipulate, I could just leave it there and you’d think to yourself,

“Man…it doesn’t seem like there is any kind of a pattern here, what is he even talking about. It seems like the market is going up and up and up.”

In October the benchmark price for apartment style strata was down to $490,600 which is a drop of about 5.5% from where things were at the end of the 3rd quarter.

The second quarter had the benchmark price at $522,000 and the end of the first quarter  it was at $552,900. If we look at this quarter by quarter you can see the pattern, that as sales continue to slide so do the price points.

From Q1 to Q2 there was a 6% slide in prices. From Q1 to Q3 there has been about a 6.6% slide, sales in this segment are down as we can see in this slide, 38%.

What is the Kelowna Townhouse Market Doing?

Let’s look at Townhouses and then round it out with single family in the Central Okanagan.

The townhouse benchmark price at the end of Q1 was $801,300, at the end of the second quarter it was $783,500 which was a difference of 2.3%. The benchmark price at the end of Q3 as mentioned earlier was $770,100 which is a drop of 4% overall.

It looks a little different when we actually start to compare real numbers versus just the year over year statistics, doesn’t it?

This is why I feel the average days on market is continuing to increase, it’s simply because seller’s have yet to get to a realistic point of view of the market. I see a lot of listings expire right now because the pricing strategy they are using is based on data that is upwards of 6 months old.

We have to look at numbers in the here and now and price where we know the market is going to be, not where it was.

Is the Single Family Housing Market in Kelowna Tanking?

Ok, last segment which is the single family style home.

The benchmark price in Q1 was $1.152M, in the second quarter it was $1.060M and in the Q3 report which was just released the benchmark price for Single Family homes in the Central Okanagan came in at $981,800. This is a difference over the course of a year of about 17.4%.

Now, the year isn’t over yet, October’s numbers are about 1.5% higher than the end of Q3 so we are down a total of 15.9% overall.

If I were sitting in your kitchen going over stats and I told you the market is actually up from 12 months ago, would I be wrong? 

No. But would I have given you all of the data in order for us to make a decision on your pricing?


The trend is that the market is correcting, I don’t believe we are going to see any more large drops before the end of the year. Sales are going to continue to drop off as they always do at this time of year, but prices likely won’t follow.

We have probably seen the bottom of the real estate market for 2022 here in November, what happens in 2023 will really be determined by jobs numbers, interest rates, inflation, geo-political goings on and of course our own political happenings here domestically, like will there be a provincial and/or federal election in the new year?

I realize the first 15 videos on this channel have been about highlighting our community and talking about what to expect here in Kelowna when people make the move here. 

It’s always been my plan to create blog posts and videos like this one to speak to residents of Kelowna, plainly and realistically about property values. These kinds of videos will paint a picture for both buyers and sellers alike to ensure you are educated on what is happening in our local real estate market.

If you are thinking of buying your next home or selling your current one and want to chat about how we can help, then feel free to send me an email to or give me a call at 778-716-7527. 


What is the Winter Like in Kelowna, BC?

What are the Winter's Like in Kelowna, BC?

To be honest with you, winter of 2022 is only our second winter here, so this blog post won't excatly make me look like an expert.

But what I can tell you is the differences between 2021 and 2022 are astounding.

Below you'll see a photo of November 29th, 2021 and below that you will see a photo of November 18th, 2022.

What a difference a year makes, right?

In 2021 Kelowna didn't see it's first snow fall until December 4th, it was wet and it was heavy but really fun to have snowball fights with!

That snow lasted until about the beginning of March when the temperature really started to kick up and everything started to melt away.

This year we are hoping for a Spring that will be very similar even though our winter got started quite a bit earlier than we had liked.

Is it Cloudy in Kelowna in the Winter?

This year it certainly has been and I can tell you it is hard to get used to the darkness kicking in around 4:30pm in the afternoon when it is cloudy.

The clouds sit low in the valley and don't typically move or break open in the winters that we have experienced here.

It is well known here in Kelowna that if it is Vitamin D that you seek, take the 45 minute ride out to Big White and you will get all the sunshine you need.

We have experienced that and can unequivocally state that it's true.

So be prepared, the summers are amazing, it is hot and tons of sunshine for hours and hours throughout the day. The Spring is somewhat wet and from what we saw last year, Kelowna CAN have a gorgeous fall.

Winter is the one season here that has a serious downside, that said though, it only lasts 3-4 months and it is relatively mild compared to other parts of Canada.

Does it get Cold in Kelowna in the Winter?

Last winter we saw about a weeks worth of colder temperatures where it was in the -20 celsius range.

It is nothing like what you would see in Calgary or Edmonton or Prince George where temperatures could drop down to -30 or -40 for seemingly weeks on end.

Because we are close to the water here in Kelowna and Lake Okanagan doesn't freeze, that minus 2 or minus 5 just feels different here.

It is a 'wetter' cold, more damp like Vancouver and not at all like a dry cold like what you would experience in Calgary or in Edmonton for that matter.

You can expect very consistent weather patterns in all of the seasons, in the winter you can expect a range of between minus 5 and plus 5 celsius.

Does Winter Suck in Kelowna?

I think getting snow this early certainly sucks, but if you're a teenager with a strong back, I can tell you there is plenty of opportunity to make some money before Christmas!

The amount of residents here looking to have their driveways shoveled is crazy!

Ultimately you should watch the video below and make the determination for yourself if the winter sucks here in Kelowna.

If you have any questions about the real estate market and whether it sucks, you can always email me or give me a call at 778-716-7527.


Kelowna Versus Calgary: Which City is Better

Would You Rather Live in Calgary or in Kelowna BC?

In today’s video and livelovekelowna blog I am talking about living in Kelowna Versus Calgary.

I lived in Alberta for 23 years before moving back to BC in 2021, the last 18 of those 23 were spent in Calgary.

We lived mostly in the Northwest and the West side of Calgary, although I did live kind of inner-city Northwest for a short amount of time.

I could probably go on and on about the differences between living in Calgary and living in Kelowna, but I am going to focus on just four different areas to try and keep this video a little shorter than some of my other ones on the channel.

Let’sTalk About the Weather

One of my favourite topics is the weather. It is almost the end of October and Calgary already had 10 centimeters of snow.

I could probably just stop right there. Kelowna still has green grass, leaves on the trees and the average temperature here the last week has been around 10 or 12 degrees celsius.

The winter’s here in Kelowna are pretty mild, that said, last year was a little colder and had a little more snow than what the area is used to. So there are years that are anomalies, however, most winter’s it is above zero and when it does dip below freezing it averages around -4. 

Calgary on the other hand seems to skip fall and move right into the winter months right around now, the end of October.

It is not unusual to see snow in Calgary from October straight through until April.

That being said, Calgary is one of the sunniest areas in the country with over 330 days of sunshine and around 2400 hours compared to Kelowna’s 2200.

As for Spring and Summer…Kelowna seems to actually have a spring with the snow melt starting in February, it’s not crazy to think you’ll be golfing by mid to end of March.

The average temperature in the spring is around 15 degrees. Most golf courses in Calgary open around May long weekend, there are some that open earlier if there is opportunity, but those seem to be few and far between these days.

Kelowna doesn’t typically get a lot of rain in the Spring, hence the reason for ‘forest fire’ season as the 5th unofficial season in the Okanagan.

This year we did though which definitely cut down on the amount of forest fires we saw all summer.

I have to pick between Calgary and Kelowna for better overall, year round weather.

I'm going Kelowna, 100 times out of 100.

What are the Differences in Cost of Living?

This topic will definitely make it into one of my next videos around what we didn’t know about moving here to Kelowna, the cost of living.

I’m going to just come right out and say it at the beginning of this section, Calgary and Alberta overall have this hands down.

Let’s start with the price of gas, there is a good 50 cent per litre gap between what you pay in Kelowna and what you pay in Calgary.

This works out, at least for me, to around an extra $30 to $40 per tank of gas, this can be significant if you drive for a living.

Next is groceries, now I know the cost of EVERYTHING is up right now, but even when it wasn’t back in June of 2021 we saw a significant difference in what you would get in a, quote unquote, bag of groceries. Believe it or not, fruit is more expensive here.

That’s like the gas prices being reversed, it would be like Calgary’s average is $1.90 per litre and Kelowna is $1.30! 

There is a lot more to cover, but I am going to end this segment off by talking about taxes. 

Yes, BC has a provincial sales tax of 7% which means in total you are going to pay 12% on EVERYTHING. Alberta doesn’t have a PST. Land Transfer Tax.

When you purchase a home in BC you have to pay a land transfer tax of 1% on the first $200k and 2% on the balance between $200k and $2 Million and then 3% up to $3 Million aaaaaaand an additional 2% over and above 3 Million dollars. So, on a $4 Million dollar purchase your total tax amount would be $118,000.

Like my ole pappy used to say, if you can afford the Mercedes you can afford the oil changes. 

The Health Care System.

Yes it’s 2022 and the health care system in Canada seems to be really messed up right now, but I will say that coming from what we knew in Alberta to what we are seeing here in BC, the differences are staggering.

Ok first, we had a family doctor for over 20 years when we lived in Calgary, when we moved to Kelowna, we were without a family doctor for the first 6 months.

We added ourselves to wait lists and then finally found a clinic that was taking new patients all the way out in West Kelowna.

We are happy now to drive that distance, simply because we have a family doctor that we really like. Beyond that, it is access to things like getting X-Rays and MRI’s and getting into a physiotherapist, Calgary slash Alberta has BC beat in these areas all day long.

Also, if you are an entrepreneur coming from Alberta and need extended benefits, I would definitely suggest shopping around. We had Blue Cross in Alberta and we had a hard time finding anything that compared to the plans that they had.

Are the Outdoor Activities Better in Calgary or Kelowna

I have done a few videos now on things to do in and around Kelowna. We love to get outside, it is a large part of the reason that we moved here.

We can be at a trailhead in about 15 minutes if we walk there.

We can be at the beach on Okanagan lake in about 7 minutes from our home.

We can head out mountain biking, right out our front door to Okanagan Mountain.

If we want to hike some more we can head over to Knox Mountain or do Pauls Tomb and be at the trailhead in about 20 minutes.

I can hit a golf course in about 9 minutes from where I live.

Of course there are pickleball courts, tennis courts, basketball and beach volleyball courts all very close to where we live. If we want to ski in the winter time, Big White is 45 minutes away.

Contrast that with Calgary and the vast majority of these activities are done outside of town with the exception of pickleball, golf and some in the city hiking in areas like Nose Hill or the Douglas Fir Trail.

Most of these things are a drive away from wherever you live in Calgary, you would be packing up the bikes or packing for an afternoon to head out to a lake outside the city, unless of course you live IN a lake community like Arbour Lake or Lake Bonavista.

Overall, it seems we have come to a draw, two for Calgary and two for Kelowna.

Don't let the negatives in this post and video above scare you off, transferring from one province to another isn't as easy as you may think.

It's almost like going from one country to another, there are a lot of things that you need to get used to especially when the political climates are so vastly different.

That said, if the great didn’t far outweigh the good, we never would have made the move.

Calgary is a great city and an awesome place to raise a family, if you are looking for a slower pace and a climate where you can be outdoors pretty much all year round and not be locked inside sheltering from the freezing cold, then the Okanagan is calling.

If you have any questions about making a move to Kelowna….especially from Calgary, then give me a call or send me a text to 403-827-7527 or shoot me an email to


 Investing in Short Term Rentals in Kelowna, BC

What to Expect When Investing in Short Term Rentals in Kelowna, BC

So you’re thinking of investing in the Kelowna Real Estate Market? Well you’ve come to the website! 

In today’s blog and video (scroll down) we are going to be talking about investing in Short Term Rentals or STR’s here in the Kelowna and Okanagan market.

Here's what we will be covering in this video and blog post:

  1. The cost of purchasing for those of you investing from outside of BC

  2. Home Prices and what to expect

  3. The cost of carrying the property

  4. The buildings that allow for STRs in the Kelowna Market

  5. How to set up your STR for massive positive cash flow

The Cost's of Investing in Kelowna, BC

Ok let’s jump into the cost of purchasing a property here in Kelowna and BC, now if you are an investor from Saskatchewan or Alberta you likely aren’t familiar with a land transfer tax.

If you are purchasing an investment property or simply making a move to BC you will have to pay a tax out of pocket at closing time of 1% on the first $200,000 and 2% on the balance up to $2 million dollars.

Now, on top of that tax, because you are an investor, the BC government has seen fit to penalize you even further. If you are investing in Kelowna or in West Kelowna you will also be subject to a ‘sunshine’ or speculation tax of .5% of the assessed value of the home.

This is applied if you plan to have renters in the property or if you spend less than 6 months in the home in total.

This can be a shock to the system so make sure you are prepared and that you have enough cash to close on top of your regular disbursements as well as legal fees which can run between $1500 and $2500 dollars.

Because this is an investment property you will need at least 20% of the purchase price as a downpayment. Your deposit (which here in BC is held by the buyer’s agent’s brokerage) should be around 1.5 to 3% of the purchase price depending on the price point of the home.

Ok last point about cost’s…GST. Yes, there is a VERY good chance that GST will be applicable in the purchase of an investment property for the use as an STR.

The best thing you can do is to consult with your accountant PRIOR to making an investment like this so that you can get your financial situation set up properly prior to making an offer.

Kelowna's Home Prices

Ok now that’s out of the way let’s look at point number 2 which is home prices here in the Kelowna area. If you are not wanting to put down a large downpayment then it is important to keep your purchase price lower. 

That means you are likely looking at apartment style condos as an option or half duplexes as opposed to a single family home. 

With the benchmark sale price of single family homes here in the central okanagan in October of 2022 running around $980,000, your downpayment amount would have to be $196,000.

Some of the condo options that are seeing right now in buildings that allow for STRs are in the mid $500k range so your downpayment would be about half which would allow you to look at multiple properties as opposed to just one.

The Cost to Carry Your Short Term Rental in Kelowna

Your cost’s to carry are going to be similar to what you would have in your current province, you’ll have property taxes and likely condo fees and of course you will likely need a property manager to ensure your investment is being looked after.

Expect your condo fees to be somewhere between $400 and $800 per month, again, depending on the building, the size and location. 

Your property taxes can range but likely won’t be less than $2000 per year, always factor in the high side and if you need some help with determining taxes a lot of times it is right on Realtor dot ca.

If you are purchasing a single family property you will have all utilities that you’ll be responsible for and in condos typically you’ll be on the hook for just electricity. 

That being said, some buildings include all of the utilities into the condo fees so make sure to inquire about that up front.

You will need to buck up for Netflix, cable and possibly an alarm of some kind if you are in the single family market. 

Lastly, your property management fees for STRs will run you anywhere from 20% to 40% of the gross revenue.

I know, I know, it sounds high but think about it for a second, the PM is turning over your property every 3.5 to 5 nights. They are refreshing towels and toiletries, replacing dishes and cutlery, making sure the coffee is stocked and that the property is spotless and ready for the next guest.

What Buildings Allow Short Term Rentals in Kelowna?

If we are investing in condos in the Kelowna market then you will need to know which buildings allow for STRs.

Recently Kelowna city council decided that any new building that is built will not be allowed to offer short term rentals, so there are a set number of buildings in Kelowna that allow for them.

Here’s the list:

  1. Brooklyn

  2. Barnoa Beach

  3. Copper Sky

  4. Discovery Bay

  5. Playa del Sol

  6. St Paul

  7. Sole Downtown

  8. Sunset Waterfront

  9. The Cove

If you are looking for listings in any of these buildings then make sure to reach out and send me an email at and I’ll send them over to you right away.

If you are looking at a single family, make sure it isn’t a bareland strata, most of these will not allow for STRs. Also, if there is an HOA or Home Owner Association, make sure to check in the bylaws to ensure that they allow for STRs. 

How to Set up Your Kelowna Short Term Rental for Maximum Positive Cash Flow

The last point, point #5 is how to set your STR up for maximum positive cashflow.

So let’s use an example of a property in Playa del Sol listed by Century21. A 2 bedroom 2 bath top floor unit that is currently asking $580,000.

So let’s say you put down your 20%, you’ve paid your sunshine tax, your land transfer tax and you’ve employed a property manager to help you get this investment of yours rented out.

What you’ll be looking to do is make this unit available between May 1st and September 30th for nightly occupancy.

These are your PRIME months to maximize.

You could be looking at anywhere from $200-$500 per night in this building during those months. So let’s take the median at $350 per night.

What we know is that most Air BnB property management companies can get you rented for 21 days out of the month, so let’s just go based off of that. You may be full up for those months, but again, let’s make sure we err on the side of caution.

Your gross monthly revenue would be $7350. Now, you’d take off of the PM fees of 20% and you’re left with $5880. Condo fees on this property are $730 so now you’re down to $5150.

Your mortgage payment based on a 5 year fixed of 5.7% would be around $2600 which would leave you with $2550 and property taxes at $180 per month would bring you to a grand net total of $2370. 

Now, that doesn’t sound like a lot but remember that we were conservative on the occupancy, if you added another 9 days to that number you could be a lot close to $5k per month.

Once October 1st rolls around you are going to want to find a short term tenant for this property, October 1st to April 30th would be ideal. Expect your monthly rent on a property similar to this to be around the $2400 to $3000 per month mark.

If you want to get deeper into the economics of how the monthly and the STR can work together then let’s schedule a call. 

When you’re looking to invest in the Kelowna real estate market, it’s important you have a full time guide with multiple years of experience to help you along the way.

If you are interested in booking a call with me you can call or text 403-827-7527 or send me an email to

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