Are you ready to start living the Kelowna lifestyle at Shelter Bay but don’t have the funds available for a large deposit?
I have fantastic news! Your money may be tied up in your existing home or investments and now there is no need to liquidate. With the recent federal government announcement increasing the cap on insured mortgages to $1.5 million from $1 million, this allows you to buy your Shelter Bay home with a smaller down payment. Also, with Canada’s inflation rate cooling to 2% in August, opening the doors to the potential of a larger rate cut next month. Now is the time to purchase one of Shelter Bay’s completed townhomes.
Kelowna is one of Canada’s priciest and most competitive real estate markets however with the two recent announcements, and the added bonus that your new home is also exempt from the Provincial Property Transfer Tax and GST. You can secure townhome 163 or 157 and have your completion date set for December 2024 when the interest rates will be lower and the new CMHC changes are in effect.
If you are interested in viewing Kelowna’s premier townhomes stop by Tuesday through Saturday 11am to 4pm. Or, to arrange your own private viewing and site tour, give me a call 250-819-9205.
Sincerely,
Jody