Wednesday, December 1, 2010

Building Type : House
Bedrooms : 2
Bathrooms (Total) : 2
Bathrooms (Partial) : 1
Floor Space : 2740 sqft
Storeys : 1
Built in : 1997
Land Size : 1 - 5 acres
View : Lake view, Mountain view
Waterfront : Waterfront on lake
Title : Freehold
Location : 3710 Sunnybrae Canoe Point Road
Tappen, BC V0E 2X0

General Description
About 656' of natural lakeshore providing peace and privacy amidst nature reserve. 2.3 acres on Shuswap Lake (not subdivideable). Ideal property for buyers who wish to bond with nature and bird watching. Spectacular timber framed house (2740 sq ft) offers high ceilings, open floor plan with unparalleled lake & mountain views. The timber framed self-contained guest house (750 sq ft plus loft) is ideal for visitors. Extras include in-floor hot water heat and solid surface counter top. Cosy wood burning fireplace in great room. Shuswap living at its best. Please call or email for more information or to view.

Structures : Deck, Sundeck View : Lake view, Mountain view
Waterfront : Waterfront on lake

Parking : 4Parking Type : Attached garage Parking Spaces : 2

Building Type : House Exterior Finish : Wood siding
Fire Protection/Security Type : Security system, Smoke Detectors Flooring : Hardwood, Other
Floor Space : 2740 sqft Sewer : Septic System
Water : Private Utility Built in  1997
Storeys : 1

Type Level Dimensions
Living room Main level 19 ft x 17 ft
Dining room Main level 12 ft x 14 ft
Kitchen Main level 14 ft x 18 ft
Laundry room Main level 8 ft x 23 ft
Bedroom Main level 12 ft x 14 ft
Full bathroom Main level 12 ft ,3 in x 10 ft
Ensuite Main level 6 ft x 8 ft
Master bedroom Main level 12 ft x 17 ft
Foyer Main level 6 ft x 9 ft
Other Main level 15 ft x 23 ft
Den Main level 8 ft x 10 ft
Den Main level 12 ft x 14 ft

FireplaceType : Conventional Fuel : Wood

Roof Style : Conventional Roofing Material : Wood Shingle

Land Size : 2.3 acres

Bert Chapman
Premier Canadian Properties
#102-1180 Sunset Drive
Kelowna, BC  V1Y 9W6
Office 250-717-1886 Toll Free 877-717-1886  Fax 250-717-1889  Direct 250-212-7728
email:   Website:

121-1156 Sunset Drive -Kelowna North $1,899,000

Professionally decorated 3 bedroom, 2 1/2 bathroom townhouse in the highly desirable Lagoons complex. This property has been fully renovated and shows like new.
This is the largest townhome in the complex which boast commanding lake views.
Fabulous location within walking distance of the beach and Kelowna's Cultural District. Boat moorage outside your door may be available on application & subject to annual fee.
Comes with 2 underground parking stalls.
The complex has an indoor & an outdoor pool together with a hot tub.
All measurements are approximate, please verify if important.
For more photos, view or telephone Diane or Jas at 250-575-1889 for more information.
Special Features

•Lake view,
•Waterfront on lake,
•Professionally decorated
•Central air conditioning
•Central vacuum system
•Complex has Hot Tub, Inground pool, Indoor pool, Exercise room, Outdoor Pool
•Two Patios
•Sprinkler system,
•Garage: double,
•Baseboard heaters
•Tile Roof

Building Type : Row / Townhouse
Bedrooms : 3
Bathrooms (Total) : 3
Bathrooms (Partial) : 1
Floor Space : 1300 sqft
Storeys : 2
Built in : 1993
Land Size : under 1 acre
View : Lake view, Mountain view, View, Valley view
Waterfront : Waterfront on lake
Title : Condominium/Strata
Location : 1156 Sunset Drive # 121
Kelowna, BC V1Y 9R7


Tie your boat at the front door of this waterfront townhouse in the heart of the Cutural District, steps to fine dining, theatre, art galleries. Professionally decorated 3 bed, 2.5 bathfully updated, furnished turnkey in a well run complex.

Maintenance Fees : $0 Monthly Pool Type : Indoor pool, Outdoor pool
Structures : Patio(s) View : Lake view, Mountain view, View, Valley view
Waterfront : Waterfront on lake

Parking : 2Parking Type : Underground

Building Type : Row / Townhouse Cooling : Central air conditioning
Exterior Finish : Stucco Fire Protection/Security Type : Sprinkler System-Fire, Smoke Detectors
Flooring : Hardwood, Carpeted Foundation Type : Concrete
Floor Space : 1300 sqft Sewer : Municipal sewage system
Water : Municipality water Built in : 1993
Storeys : 2

Type Level Dimensions
Master bedroom Second level 14 ft ,6 in x 14 ft ,4 in
Bedroom Second level 10 ft ,6 in x 11 ft ,1 in
Bedroom Second level 10 ft ,6 in x 11 ft ,6 in

Full ensuite bathroom Basement n/a
Full bathroom Basement n/a
2pc Bathroom Basement n/a
Living room Main level 20 ft x 14 ft
Dining room Main level 14 ft x 13 ft
Kitchen Main level 10 ft ,3 in x 11 ft ,9 in
Family room Main level 14 ft ,4 in x 15 ft
Den Main level 12 ft ,6 in x 12 ft ,6 in
FireplaceType : Conventional Fuel : Gas

RoofRoof Style : Conventional Roofing Material : Tile

Land Size : under 1 acre Landscape Features : Underground sprinkler

Diane Moore
Office:#102-1180 Sunset Drive,
Kelowna, B.C, V1Y 9W7Phone: (250) 717-1886 TollFree: 1-866-717-1886Fax: (250) 717-1889
Email: diane@dianemoore.caWebsite:

Wednesday, November 3, 2010

7 Rules for Successful Real Estate Investing

1. Invest for the long term. Real estate cycles last 5 to 7 years on average. Make your purchase with that in mind.

2. Invest in growth areas. A good resource for growth forecast in Urban Futures Institute. Their website is

3. Look for game changers like new highways, bridges, and airport expansions. These are game changers over the long term.

4. Buy in communities that have a degree-granting university. This ensures a steady demand for rentals.

5. Buy secure cash flow properties. Houses with secondary suites, duplexes, fourplexes, 2+ bedroom apartments near the university.

6. Consider resort communities. Remember 1000 baby boomers turned 60 today and that will continue everyday for the next 8 years. They have worked for years and now want to play--golf, skiing, etc.

7. Work with a REALTOR® who knows the area you are interested in and can supply you with new listings as they hit the market. Your REALTOR® can also refer you to a good mortgage broker.

For more information please contact:

Bert Chapman
Office: 6-3185 Via Centrale,
Kelowna, B.C, V1V 2A7
Phone: (250) 765-0570
TollFree: 1-866-765-0579
Fax: (250) 765-0577

Tuesday, October 26, 2010

The Big Money Returns to Kelowna Real Estate

OMREB stats Oct 1-25, 2010

111 single family homes sold on MLS®.
11 were over 1 million dollars.
That's 10% of single family homes sales over $1 Million!
83% are between $350,000 and $550,000
7% are from $550,000 to $999,000

There are Two Markets at Work Here

The out of town buyers picking up bargain priced luxury properties over $1 ,000,000.
The local buyers finding a place to live.

It is interesting to note that the condo market has a few out-of-town buyers picking up lakeshore bargains in the $500,000 range, but over 80% of condo sales are local buyers with prices from $200,000 to $300,000.

During the boom of 2007, condos outsold single homes, now single homes outsell condos 2 to 1.
It's a great time to be a buyer: bargains abound, money is cheap, and only a few are taking advantage.

 Overheard at Tim Horton's,
"If I knew they would sell it that cheap, I would have bought it myself."

Make offers, someone might accept.

Bert Chapman
Premier Canadian Properties
#102-1180 Sunset Drive
Kelowna, BC  V1Y 9W6
Office 250-717-1886 Toll Free 877-717-1886  Fax 250-717-1889  Direct 250-212-7728
email:   Website:

Friday, October 22, 2010

Re: Article in Kelowna Cap News by Jennifer Smith 10-20-2010

"Hard for students to find shelter"

Students thrust into high-end housing markets need someone to help them find shelter before hitting the books, a UBC Okanagan graduate says.

In conducting research for his masters degree in human geography, Jamie McEwan said he unearthed horror stories on the lengths some students need to so go find a place to live in Kelowna.

McEwan conducted 30 interviews in an exploratory case study of students aged 18 to 30 searching for rental housing in 2009 and was told by his interview subjects they knew of six to eight people sharing a one-bedroom apartment and even one person who pitched a tent off campus while attending UBCO.

"Students are coming here thinking that within two weeks to a month they will be able to find housing for year and it's simply not happening," McEwan said.

Click here to view entire article

More students than places to put them!
Premier Canadian Properties has a suggestion to address this challenge.
Here is our possible Win-Win solution.

Invest in these properties and become a landlord to students and destination golfers as well.

 2 bedroom, 2 bath units near UBC Okanagan
priced from $265,000 to $300,000
20% down, low mortgage rates and a high rental demand.
 Only 7 units left at this price.
Rent to students September to April, then short-term to golfers at nightly rates from May through to September. (Just save a week or two for your own use!)

Positive cash flow for years to come.

For a current list, email
read full article by Ms. Smith at

Wednesday, July 28, 2010



So what is changing and why?
How can you position your investments to take full advantage of those changes?
The biggest change is that in years past, homes were built one at a time. In recent years condos are built 50,70,100 and more at a time.
When hundreds of builders build hundreds of condos there is an oversupply.
You can take full advantage of this by sifting through the ordinary deals and picking the best. The oversupply creates a unique opportunity for the wise investor.

When should you buy?
When most others are trying to sell
When prices have leveled or softened
When inventory is plentiful
When borrowing money is cheap
When the ratio of sales to listings is low.

When should you sell?
You probably should keep all your real estate
but if you really want to sell, do it when:
Most others are buying
When prices are high
When inventory is low
When money is easy to borrow
When the sales to listing ratio is high.

Lets examine the risks

If I buy investment real estate and rent it out and values drop, someone else is renting from me and making my payments. I gain because my tenant is buying real estate FOR me.
If I buy and values stay the same, I gain because my tenant is buying it for me.
If I buy and values increase, I gain even more because my tenant, bless his heart, is buying it for me.

What risk???
I gain it goes up and I gain if it goes down. Some else buys it for me.

See not rocket science, just real estate.

Where should I buy?

Find out where people want to live most and buy there. More on that in my next newsletter.


1. A First Time Buyer:
I know you want a fancy new home with all the extras and a big mortgage. NO! NO! Pick a modest 2 bedroom home with a basement suite, on the bus line to UBC Okanagan. There is a good selection under $400,000. The low price, low mortgage rates, and rental income will help pay it off quickly, then don't sell it. Keep it and use the equity to help buy your fancy house.

2. An Investor looking for cash flow:
Pick a 2 bedroom, 2 bath apartment condo with resort zoning near UBCO. These can not only pay for themselves, but offer a 7% return on your down payment each year. You should buy 2 or 3 over the next few years. Let the renters make you a millionaire in 15 or 20 years.

3. Relocating and have sold your previous home:
There are excellent buys on luxury homes since 82% of the market is between $400,000 and $550,000.There is not much action on the $600,000 and $700,000 homes.
You might also want to consider downsizing to a golf course or lakeshore condo. There are some exceptional homes at attractive prices.

For a BEST BUYS list in each category above, email

Premier Canadian Properties- Your luxury homes specialist!

All referrals are gratefully received, enthusiastically acted upon, and handsomely rewarded!

Monday, July 19, 2010

Okanagan Real Estate - Google it!

Market up? Market down?
Everyone has an opinion!

One day its doom and gloom:
The listing inventory is high
The number of sales is down
The interest rates are rising
There are too many people unemployed

The following day, "The recession is over"
The average home price is up
The interest rates are near all-time lows
The selection of properties is excellent
The number of building permits (jobs) is up

Who is right?

When in doubt, Google it!

Google analytics measures the number and origin of the unique visits to our website.

The 18 months prior to May 2010 showed the visits to be about half of the traditional numbers and the origin to be mostly local. The sales during that period were less than normal and almost all local buyers. The sales were modestly priced homes $400,000 to $550,000 and condos $200,000 to $350,000.

Google analytics mid May to mid June, 2010
Unique visits to
Local 60.8%
Vancouver 17.4%
Alberta 11.5%
Ontario 3.4%
Sask. 1.3%
Others 5.6%
This is a huge change which is no doubt driven by the weather, the economy, and demographics. the market changing?
Will luxury homes and condos start selling?
Will demand for lakeshore and golf properties return?

Google says, YES!

My last 10 sales look like this:
6 local buyers
2 Alberta buyers
1 Vancouver buyer
1 U.K. buyer
Viva La Google!

Bert Chapman
Office: 6-3185 Via Centrale,
Kelowna, B.C, V1V 2A7
Phone: (250) 765-0570
TollFree: 1-866-765-0579
Fax: (250) 765-0577