Hope for home ownership

There’s a patch of land in Kelowna, snuggled next to Munson Pond in the city’s Mission neighbourhood, that could very well be one of the last hopes for residents yearning for a chance to one day own their own home.

If you’ve been by recently you will have seen things starting to change there, as workers prepare the land for what could be one of Kelowna’s most important developments.

It’s called Osprey Landing, and if the developer has his way its 48 energy-efficient homes will soon help a lucky group of buyers finally own their own homes.

Helmut Pastrick, the chief economist for Central 1 Credit Union, has calculated housing prices in the Okanagan will more than double in the next 25 years. That, he said, will mean a significant shift in the housing market as more and more people get priced out of the market and are forced to rent.

With the prospect of home ownership starting to slip away, many who call Kelowna home are desperately seeking an affordable way into the housing market that still provides the quality home they desire.

Steve Shoranick and the team behind Osprey Landing believe their development will be one of the last to offer that.

Osprey Landing sits beside Munson Pond, at Burtch Road, and is built to the “legendary quality” the Munson Park Development Corporation has become known for.

The stylish complex features 48 energy-efficient homes built with an eye carefully cast to the living experience many expect from the Mission.

Quartz countertops; European-style cabinetry; spacious bathrooms; sizable balconies; and bright, comfortable designs will make Osprey homes a joy to live in. Shoranick’s commitment to value, meanwhile, means people will actually be able to afford them.

Shoranick has decades of experience creating homes and says his goal has always been to give his homeowners the best value for every dollar they spend.

These are more than just words. Shoranick challenges anyone looking for a new home to check out Osprey Landing and compare its value to anyone else’s. He’s confident, he says, Osprey homes will come out on top.

Shoranick encourages anyone interested to act quickly because only a handful of each type of unit is available, so the longer they wait the fewer options they will have.

Everything they need to know, he says, is available at the Osprey Landing presentation centre at 3090 Burtch Rd., or by registering online. The presentation centre is open seven days a week, Monday to Saturday from 11 a.m. until 5 p.m. and Sundays and holidays starting at noon.

The centre can be reached at 250-469-2127.