Bank of Canada drops its benchmark rate to 3.75%

Shelter Bay short term rental

Yesterday, the Bank of Canada dropped its benchmark rate by 0.50% to 3.75%, marking the fourth consecutive rate cut and the first larger than 0.25% in over four years. Markets are predicting the Bank of Canada’s rate could drop further by next summer making it a perfect time to purchase a pre-sale town home at Shelter Bay.

We have townhomes available for immediate occupancy or if you’re not quite ready to move reserve a location and have your home built over the next 12-16 months. With two exceptional designer colour schemes to choose from. Three-, four- and five-bedroom town homes starting at 1,927 square feet to 2,567 square feet. Two unique floor plans featuring a home elevator that is accessible from all floors including the huge 569 square foot roof top patio with a spectacular view of Okanagan Lake. We have a home to fit all your needs and timelines.

Give me a call at 250-819-9205 to chat about availability, pricing and our incredible Shelter Bay Community. Jody.