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We just SOLD a property located at 700 Martin Avenue in Kelowna.
Two Story Unit in the Martin Lofts and includes 2 PARKING STALLS!! This home has all the UPGRADES: New Heating & Cooling System, Hardwood Floors, Granite Counter Tops and a Tile Back-splash! The Main Floor of the Home offers a Trendy Open Concept Kitchen, a Large Living Room + Tons of Windows providing lots of Natural Light! And did we mention extra Storage under the Stairs!! The Upper Floor of the home includes a Large Master BedroomWalk In Closet & a 5 Pce Ensuite. There is an additional Bedroom with a Custom-Built Wall Bed that is absolutely amazing!! This home also has the unique feature of being able to access the unit on both the 2nd and 3rd floor of the building making life a breeze!! The Building offers the perfect lifestyle for downtown living a well Equipped Gym, Bike Room, Storage Locker & Secure U/G Parking! And the Location is STELLAR, only being a quick walk to The Downtown Core & Cultural District. You are going to love living here!! Pet & Rental Friendly. This Home is Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information! (id:2493)
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We just SOLD a property located at 660 Morrison Avenue in Kelowna.
KELOWNA SOUTH TOWNHOUSE LIKE NOTHING ELSE!! This spectacular 3 bed, 4 bath home is totally unique with it's open concept layout, soaring ceilings & courtyard entrance! The unit has almost 2,100 SF of living space, all 3 bedrooms (1 on the main & 2 up) are HUGE is size, all have en-suites & large closets. The main floor bedroom has it's own private entrance off the street, while the upstairs bedrooms have private decks to relax & take in the MOUNTAIN VIEWS!!! Other features include; stainless appliances, hardwood floors, some new flooring, a loft/den area & a DOUBLE ATTACHED GARAGE! This home has been meticulously cared for and the location is second to none!! PROUDLY LISTED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just listed a new property located at 533 Yates Road in Kelowna.
GROUND FLOOR CORNER UNIT 2 BEDROOM, 2 BATH + 2 UNDERGROUND PARKING STALLS!! This unit is also very well appointedTrendy 2 Toned Kitchen Cabinets, Granite Countertops, and the Bedrooms separated by the Living Room! This Unit also has 2 PRIVATE FENCED YARDS + its own Private Entrance making it feel like Townhome Living!! The Verve also offers amazing amenities for Okanagan Living at its bestBeach Volleyball, Outdoor Pool & Barbecue Area! And the location is stellar walking distance to shopping, coffee shops and parks! Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5455) of Royal LePage Kelowna for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just listed a new property located at 700 Martin Avenue in Kelowna.
Two Story Unit in the Martin Lofts and includes 2 PARKING STALLS!! This home has all the UPGRADES: New Heating & Cooling System, Hardwood Floors, Granite Counter Tops and a Tile Back-splash! The Main Floor of the Home offers a Trendy Open Concept Kitchen, a Large Living Room + Tons of Windows providing lots of Natural Light! And did we mention extra Storage under the Stairs!! The Upper Floor of the home includes a Large Master BedroomWalk In Closet & a 5 Pce Ensuite. There is an additional Bedroom with a Custom-Built Wall Bed that is absolutely amazing!! This home also has the unique feature of being able to access the unit on both the 2nd and 3rd floor of the building making life a breeze!! The Building offers the perfect lifestyle for downtown living a well Equipped Gym, Bike Room, Storage Locker & Secure U/G Parking! And the Location is STELLAR, only being a quick walk to The Downtown Core & Cultural District. You are going to love living here!! Pet & Rental Friendly. This Home is Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information! (id:2493)
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We just listed a new property located at 1726 Carnegie Street in Kelowna.
ABSOLUTELY STUNNING BUILDING LOT IN KELOWNA'S HIGHEST RESIDENTIAL SUBDIVISION!!! The amazing views from this lot capture the entire valley spanning from the Airport to Peachland! It feels like you are on top of the world but still central to the city!! This specific lot is situated to maximize privacy between you and the neighbors. Did we also mention this property is part of the Black Mt Golf Course Communitywhich offers a beautiful Golf Course, Tennis Crts, Playground, Walking Trails and only a 30 min drive to Big White! GST HAS BEEN PAID!! CLICK MULTI-MEDIA TAB TO WATCH HD VIDEO!! Contact THE DION-IVANS REAL ESTATE TEAM (250-575-5255) of Royal LePage Kelowna for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just SOLD a property located at 997 Walker Drive in Kelowna.
ONE OF KELOWNAS MORE DESIREABLE PLACES TO LIVE GOLFVIEW ESTATES! This No Step Rancher is situated on a large Corner Lot that includes 2 Driveway's and Parking for the whole family!! The Home is over 2000sq.ft, 4 Bedrooms + 3 Baths. It has an abundance of Natural Light and with an excellent floor plan! The Backyard is a complete Outdoor Oasis there is a beautiful Concrete In-Ground Pool (20x 40) tiered above the Home with Mature Landscape and complete Privacy! Below the Pool Area is also a HUGE PATIO area made for Relaxing, Barbecuing and enjoying the long Okanagan Summers! There is direct access to a bathroom making pool life very convenient! This Home is walking distance to Schools, Parks, Golf and Shopping!! Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information! (id:2493)
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We just listed a new property located at 660 Morrison Avenue in Kelowna.
KELOWNA SOUTH TOWNHOUSE LIKE NOTHING ELSE!! This spectacular 3 bed, 4 bath home is totally unique with it's open concept layout, soaring ceilings & courtyard entrance! The unit has almost 2,100 SF of living space, all 3 bedrooms (1 on the main & 2 up) are HUGE is size, all have en-suites & large closets. The main floor bedroom has it's own private entrance off the street, while the upstairs bedrooms have private decks to relax & take in the MOUNTAIN VIEWS!!! Other features include; stainless appliances, hardwood floors, some new flooring, a loft/den area & a DOUBLE ATTACHED GARAGE! This home has been meticulously cared for and the location is second to none!! PROUDLY LISTED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA. (id:2493)
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We just SOLD a property located at 4038 Pritchard Drive in West Kelowna.
Beautiful 2 Bed, 2 Bath + Den & Loft Unit in the Desirable Barona Beach Development! There are Amazing UNOBSTRUCTED VIEWS of the Lake from both levels. The Main Floor features a Bright Kitchen that includes Granite Countertops, Expresso Shaker Cabinets and Hardwood Floors. The Main Floor also has a Den + Bathroom and a very warm and inviting Living Room. The Upper Floor of the Home has 2 Bedrooms each with their own Bathrooms + a Loft. The Master Bedroom is very spacious in size, has a SPA LIKE ENSUITE and its own Private Deck giving you another place to enjoy the Spectacular Views! Barona Beach is located in the Heart of Wine Country and just minutes to golf, shopping and restaurants!
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The Office of the Superintendent of Financial Institutions (OSFI) announced new restrictions on uninsured mortgages today. Effective January 1, 2018, all home-buyers with a down-payment of more than 20 per cent will have to qualify at the higher of the posted 5-year qualifying rate and their contractual rate plus 200 basis points (2 per cent).  This is in addition to policy announced in October of 2016 that required all insured borrowers qualify at the posted 5-year qualifying rate. 

In addition to the new stress test for uninsured mortgages, OSFI is also requiring lenders to establish and adhere to appropriate loan-to-value limits reflective of risk and the current economic environment and is prohibiting s lending arrangements designed to circumvent loan-to-value limits such as combing mortgages with other lending products. 

These new residential mortgage underwriting requirements will apply to all Federally regulated financial institutions.
 
The impact of the new stress test requirement will be to lower the purchasing power of households by up to 20 cent. Like past tightening of mortgage regulations, we anticipate that the market impact will be sharp but temporary. In the past, we have seen home sales decline in the 3 to 9 months following the implementation of tighter mortgage lending standards, with the severity of the impact fading within one year.  However, these new regulations impact a larger pool of mortgages and so the impact could be more significant than in the past.

 

“Copyright British Columbia Real Estate Association. Reprinted with permission.”

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We just SOLD a property located at 1640 Simpson Avenue in Kelowna.
CENTRALLY LOCATED SPRINGVALLEY HOME WITH A 2 BEDROOM SUITE ON A HUGE .27 ACRE LOT! The Upper Floor of the Home has a Beautiful Kitchen including Shaker Cabinets, Built in Appliances and lots of Cupboard Space. Off the Kitchen is a large Deck that can be easily transformed into either an Enclosed Deck or Open-Air Deckand is a great space to sit and enjoy the views of the MASSIVE YARD! There are 2 Bedrooms on the Main Floor and the Master Bedroom has a Walk-In Closet + a 3 PCE Ensuite. The Living Room is very spacious and faces South letting in tons of Natural Light. There is a GAS FIREPLACE both up and down within the home. The Lower Level of Home has a 2 Bedroom Suite with its own entrance and the Suite is VERY BRIGHT and inviting for anyone to call home!! The Home also includes a large Double Carport, RV Parking + Additional Parking!! The Backyard of the home is absolutely amazing providing tons of Greenspace, Deck Space, Privacy and beautiful Mature Landscape. The location of the home is stellarclose to Schools, Transit, and the Mission Greenway. This Home is Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information!
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We just SOLD a property located at 2097 Bowron Street in Kelowna.
Beautiful Family Home on DILWORTH MOUNTAIN!! This Home sits on a Large .22 Acre Lot and includes RV PARKING! The Main Floor of the Home has 3 Bedrooms Up, a large open Living Room + Family Room that flow seamlessly into the Kitchen. The Kitchen has a very functional layoutgreat for entertaining and chefing up meals! The Kitchen features Stainless Steel Appliances, Shaker Cabinets and a Gas Range. There is Deck Space at both the Front and Back of the Home!! The Front Deck of the Home is Perfect for taking in the Beautiful Mountain & Valley Views of Glenmore. The Fenced Backyard of the Home is extremely PRIVATE offering Gleaming Stamped Concrete Decks, Beautiful Rock Walls, Concrete Curbing and Lush Green Space! The Lower Level of the Home includes a Wet Bar + Media Room, Gym, Den and another Bedroom!! This Home could also be SUITED if desired! Bowron Street is a wonderful place to call home, Family Friendly and steps to Dilworth Mt. Park. If you are looking to live in one of the most DESIRABLE-CENTRAL Spots in Kelownalook no further!! This Home is Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact ROB DION (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information!
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Is selling your property the furthest thing from your mind? Well, here are
some reasons for listing your property that you might not have considered.
1. Your property may be worth more than you think. (It’s difficult to
determine market value on your own. I can calculate it for you. Give
me a call.)
2. You might qualify for a better home than you anticipate.
3. Perhaps you are tired of your current property and want a change.
4. There may be homes on the market in a neighbourhood in which
you’ve always wanted to live.
5. Your current property may no longer meet your needs.
6. Your neighbourhood may have changed in ways you don’t like.
7. You might be ready to downsize or upsize and you no longer want to
put that off.
8. You may want to sell in the fall, so you can have a fresh start in a
new home in the new year.
9. Depending on the type of home you’re considering, you could end up
with lower mortgage payments or no mortgage at all.
10. You might want to move to a home that’s more conveniently
located near work, family and hobbies.
Of course, you may have your own reasons for listing this month. Why not
discuss them with a real estate expert? Us. We can answer your questions
and explain the options available to you.

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We just listed a new property located at 997 Walker Drive in Kelowna.
ONE OF KELOWNAS MORE DESIREABLE PLACES TO LIVE GOLFVIEW ESTATES! This No Step Rancher is situated on a large Corner Lot that includes 2 Driveway's and Parking for the whole family!! The Home is over 2000sq.ft, 4 Bedrooms + 3 Baths. It has an abundance of Natural Light and with an excellent floor plan! The Backyard is a complete Outdoor Oasis there is a beautiful Concrete In-Ground Pool (20x 40) tiered above the Home with Mature Landscape and complete Privacy! Below the Pool Area is also a HUGE PATIO area made for Relaxing, Barbecuing and enjoying the long Okanagan Summers! There is direct access to a bathroom making pool life very convenient! This Home is walking distance to Schools, Parks, Golf and Shopping!! Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information!
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Imagine this scenario...
You purchase a new home and move in. A few weeks later, you hear a
strange rumbling sound. It’s the furnace. It’s only a year old, yet it’s
sputtering like it’s twenty. You realize you’ll have to call in an HVAC
contractor to get it fixed.
You’re thinking, “Ouch! This is going to be expensive.”
Well, maybe not. You see, since that furnace is relatively new, it might be
covered by its original warranty — even for you, the new owner.
But a warranty is useless if you don’t know it exists.
Recent studies suggest that upwards of 50% of people pay to get items
fixed that were actually covered by a warranty. So, when purchasing a new
home, be sure to ask this simple question: “What warranties do you have for
items, materials or workmanship in this house?”
Warranties are common on new stoves, fridges, washers, dryers and other
big ticket appliances. Some such warranties are transferrable, which means
they are still in force when the items pass from one owner to another.
Even less expensive items, such as electronic thermostats and automatic
garage door openers, may be covered by a transferrable manufacturer’s
warranty.
If the home you’re purchasing is relatively new (say, less than 10 years old),
the builder’s warranty may also still be in force. That can be handy if a
structural problem arises.
Even recent renovations, may have come with a labour and/or installation
warranty of some kind.
As you can see, warranties are everywhere! The more you’re aware of
them, the more you’ll save when something needs repair or replacement.

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We just listed a new property located at 1640 Simpson Avenue in Kelowna.
CENTRALLY LOCATED SPRINGVALLEY HOME WITH A 2 BEDROOM SUITE ON A HUGE .27 ACRE LOT! The Upper Floor of the Home has a Beautiful Kitchen including Shaker Cabinets, Built in Appliances and lots of Cupboard Space. Off the Kitchen is a large Deck that can be easily transformed into either an Enclosed Deck or Open-Air Deckand is a great space to sit and enjoy the views of the MASSIVE YARD! There are 2 Bedrooms on the Main Floor and the Master Bedroom has a Walk-In Closet + a 3 PCE Ensuite. The Living Room is very spacious and faces South letting in tons of Natural Light. There is a GAS FIREPLACE both up and down within the home. The Lower Level of Home has a 2 Bedroom Suite with its own entrance and the Suite is VERY BRIGHT and inviting for anyone to call home!! The Home also includes a large Double Carport, RV Parking + Additional Parking!! The Backyard of the home is absolutely amazing providing tons of Greenspace, Deck Space, Privacy and beautiful Mature Landscape. The location of the home is stellarclose to Schools, Transit, and the Mission Greenway. This Home is Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact us - Lee (250)575-5455 or Rob (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information!
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We just listed a new property located at 2097 Bowron Street in Kelowna.
Beautiful Family Home on DILWORTH MOUNTAIN!! This Home sits on a Large .22 Acre Lot and includes RV PARKING! The Main Floor of the Home has 3 Bedrooms Up, a large open Living Room + Family Room that flow seamlessly into the Kitchen. The Kitchen has a very functional layoutgreat for entertaining and chefing up meals! The Kitchen features Stainless Steel Appliances, Shaker Cabinets and a Gas Range. There is Deck Space at both the Front and Back of the Home!! The Front Deck of the Home is Perfect for taking in the Beautiful Mountain & Valley Views of Glenmore. The Fenced Backyard of the Home is extremely PRIVATE offering Gleaming Stamped Concrete Decks, Beautiful Rock Walls, Concrete Curbing and Lush Green Space! The Lower Level of the Home includes a Wet Bar + Media Room, Gym, Den and another Bedroom!! This Home could also be SUITED if desired! Bowron Street is a wonderful place to call home, Family Friendly and steps to Dilworth Mt. Park. If you are looking to live in one of the most DESIRABLE-CENTRAL Spots in Kelownalook no further!! This Home is Proudly marketed by the DION-IVANS REAL ESTATE TEAM of Royal Lepage Kelowna. Contact ROB DION (250)575-5255 for your own personal tour or visit WWW.KELOWNAHOMEFINDERS.CA for more information!
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The Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 1 per cent. In the press release accompanying the decision, the Bank noted that recent economic data have been stronger than expected but growth is forecast to moderate in the second half of the year.  On inflation, the Bank cited some excess capacity and temporary price shocks as factors keeping inflation below its 2 per cent target. Importantly, the Bank mentioned it will be paying particular attention to the evolution of the economy's potential growth rate (meaning the economy's estimated long-run growth rate) as well as to labour market conditions and the economy's sensitivity to higher interest rates. 

The Bank has now removed the stimulus it injected into the Canadian economy in 2015 to offset the impact of falling oil prices. With the economy expanding at a 3.5 per cent rate over the past year, that stimulus is clearly no longer required. The Bank seems to be more concerned about the potential for higher future inflation due to an over-heated economy than on the actual very low inflation observed in recent months. That leaves the door open for further rate increases should economic growth remain robust.  

 

“Copyright British Columbia Real Estate Association. Reprinted with permission.”

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Some people don’t give hallways much thought when painting and
decorating. Instead, they focus on rooms.
The fact is, a great looking hallway can have the same, if not more, impact
than the most eye-catching family room or bedroom, especially when you
need to go through the hallway to get there!
Here are some painting tips that can bring a dull hallway to life:
• Paint the hallway the reverse of the rooms around it. If the rooms are
dark, use light colours in the hall. If the rooms feature simple colours,
consider being more dramatic in your choice of hallway paint.
• In a longer hallway, using two shades of the same colour on
perpendicular walls can make the space seem less tunnel-like. (The
darker shade goes on the shorter walls.)
• Darker colours can work well if the space is well-lit and there are few,
if any, shadows cast.
• If you decide to paint the halls white, select an off-white or eggshell
white. Avoid stark white as it will reflect light in a way that’s
unpleasant.
One more tip: Pictures can go a long way in making a hallway look inviting,
regardless of the wall colour.
Good luck with the painting!

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We just SOLD a property located at 1 1811 Ambrosi Road in Kelowna.
END UNIT TOWNHOME IN THE DWELL! This END UNIT is Big, Beautiful, & Bright - with plenty of windows to let in all the Okanagan Sunshine and features Open Concept Living including a funky kitchen with Stainless Appliances & a sit up bar to watch the cook as he chefs up dinner! The second floor has 2 large Bedrooms 1 Bedroom has its own Ensuite and the other Bedroom has its own Private Deck! Now its time to start living the Okanagan Lifestyle as you head upstairs to the ROOFTOP PATIO that is approximately 480SQ.FT!! The Patio has tons of space for all yours friends while barbecuing and sipping on your favorite drink this will definitely be the place to be in the Summer! This Property also has a TANDEM ATTACHED GARAGE that provides plenty of opportunities for storage, a spot for a gym, studio...possibilities are endless. The development is centrally located - within walking distance to Orchard Park Mall & most amenities!! This Townhome is the perfect place to call home or would make for a GREAT INVESTMENT!! PROPERTY IS LISTED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA.
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We just SOLD a property located at 3339 Bothe Road in Kelowna.
ATTENTION INVESTORS!! This updated 5 bed, 2 bath home includes a 2 BED LEGAL SUITE! Features include; 3 beds up, updated kitchens, new SS appliances, new counter tops/backslash, new furnace & A/C, new decks, new flooring, and fresh paint!! There is also plenty of parking for guests or RV's. The location is great - minutes to Lower Mission amenities, Okanagan College and schools! THIS PROPERTY IS LISTED BY THE DION-IVANS REAL ESTATE TEAM of Royal LePage Kelowna. Call/text (250-575-5255) for more information or visit WWW.KELOWNAHOMEFINDERS.CA.
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Featured Listings

Mug Rob Mug Lee

ROB DION, BBA
Personal Real Estate Corporation
Cell: 1 (250) 575-5255
robdion@royallepage.ca

The Dion-Ivans Real Estate Team

ROYAL LaPAGE - KELOWNA

LEE IVANS, BBA
Personal Real Estate Corporation
Cell: 1 (250) 575-5455 leeivans@royallepage.ca
  • Diamond Award
  • President's Gold Award
  • Sales Achievement Award
  • Master Sales Award
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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