Remarkable Lake Country townhouse project catches buyers' attention

Lakeside Estates—Remarkable Okanagan living. The level of interest in this remarkable new townhome development in Lake Country is not surprising the seasoned real estate professionals marketing the project.

In the first 30 days that the townhomes at Lakeside Estates, at 3041 Woodsdale Road, have been available for purchase, 24 of the 44 townhomes available have already sold.

“The level of sales in just 30 days is great, over 50% of the project was sold in May,” says Don Warkentin of Fortune Marketing Inc., noting the affordability, location, high-quality finishings, size of the townhomes, low 10 per cent deposit and the fact construction has already started are all very appealing to buyers.

With prices starting at $695,900 for the three-level, three-bedroom townhouses—which range in size from 1,600 to 1,900 square feet—the homes are perfect for families looking to enjoy the lifestyle the Okanagan offers.

It’s the perfect Okanagan location – set amid sparkling blue lakes, and just steps from Wood Lake (and dog beach). The Okanagan Rail Trail is nearby, as well as numerous world class wineries. Buyers love the convenient access to the shopping hub nearby for their shopping essentials. With Kelowna just a short 10-minute drive away and quick access to Kelowna International Airport and UBCO campus, these townhomes offer some of the best value in the local real estate market today.

“These carefully crafted townhomes set in idyllic Lake Country are ideal for first-time homebuyers with only a 10% deposit required when you purchase and the balance when you move in,” Warkentin says. “So you can get into the market right now with a very small amount and not worry about putting all the money down right now.”

He says with Lake Country being one of the fastest growing communities in B.C and real estate increasing in value, these days you can’t get much in the $600,000-range, especially not when you’re talking about a brand-new home.

Other features of the development include double side-by-side garages for every home, electric vehicle charging ports, low strata fees (in the $200 per month range) and a master-planned community that has spaced out the townhomes to allow for an abundance of green space.

“These are very livable townhomes that are in high demand,” says Warkentin. “There is no wasted space inside, extra green space outside, upgrades are included as standard and, being a new strata development, no maintenance is required.”

He also notes the mortgage owners would pay on one of the townhomes is similar to the rent one would pay for an equivalently sized rental property.

“And with this you are increasing your equity,” says Warkentin. “This really will help people get into the market.”

The townhomes are perfect for first-time buyers, young families, active downsizers, retirees or those looking for a vacation property in a lakeside setting.

Construction is well underway on-site and homeowners will be ready to move into the first phase of the development next summer. Final homes are slated to be ready in 2024.

If you are looking for value, quality, the perfect outdoor lifestyle and a remarkable place to call home, have a look at Lakeside Estates. The location must be seen and buyers are falling in love as soon as they get to this spectacular site. Don’t delay, the final phase of 20 homes has just been released for sale.

Visit the onsite presentation centre located at 3041 Woodsdale Road, Tuesdays to Saturdays from noon to 4 p.m., or by appointment anytime.

For more information visit LakesideEstates.ca or call 778-821-0882. Fortune Marketing, located at 305 Lawrence Avenue in Kelowna, is marketing the project.

This article is written by or on behalf of the sponsoring client and does not necessarily reflect the views of Castanet.