Reasons to Invest in Lakeside Estates
Final Home in Phase 1
June 14, 2022
More Room For Less at Lakeside Estates
July 6, 2022
Are you thinking of investing in real estate but not sure where?
We've compiled a list of reasons to invest in Lake Country and new real estate at Lakeside Estates.
Only 10% Down
While other pre-sale developments typically require a 15% and sometimes even a 20% deposit, at Lakeside Estates we're pleased to offer our buyers a one-time 10% deposit. This low initial financial commitment guarantees peace of mind that you've locked in an excellent investment in the highly desired Okanagan market. And as we have seen in recent years in the hot Okanagan real estate market, pre-sale purchases yield a significant return as the property value appreciates while construction takes place!
New Home Warranty
When house hunting, buying brand new is no doubt preferred over re-sale homes. Avoiding renovating or completing improvements, you can move straight in! Beyond moving into a nice, new and never lived-in home, additional perks like the home warranty are included with each purchase.
With a comprehensive 2-5-10 year warranty, you're protected with:
-2 years on labour and materials
-5 years on the building envelope
-10 years on structure
Location, Location, Location
Lakeside Estates is centred in the heart of a growing community within walking distance of an assortment of amenities for you to explore and enjoy. Surrounded by orchards, parks, vineyards, and beaches, Lakeside Estates in Lake Country is where you will find new small-town home comfort meets vacation lifestyle like nowhere else.
Conveniently located off Hwy 97 in the centre of Lake Country, Lakeside Estates provides the ideal location between the Kelowna and Vernon areas. You will find transit right out your front door allowing easy access to all that the Okanagan has to offer. The Kelowna International Airport and UBCO Campus are both just a quick 10-minute drive away.
Rentability
When you invest in Lakeside Estates, you are investing in a vibrant community in one of B.C.'s fastest-growing municipalities. In addition, the low vacancy rate combined with the increasing demand to live the remarkable Okanagan lifestyle makes Lakeside Estates an attractive rental property investment. Based on the current rental rates available, Lakeside Estates townhome's potential rental income ranges from $3200 - $3700 per month, depending on the floor plan and location within the community.
