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The price of a loft in Kelowna can get you an acre, lakefront mansion in Quebec

The average price of Kelowna homes sold in July was over $1m
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22 Ch. de la Pointe-de-la-Michel, Saint-Donat, Quebec, J0T2C0 Canada, is listed on Sothebysa¹ú¼Ê´«Ã½™s for a dollar less than $1M. (Sothebysa¹ú¼Ê´«Ã½™s International Realty)

A 1,665 square foot in downtown Kelowna is listed for a $998,000 on Sothebysa¹ú¼Ê´«Ã½™s International Realty. For almost two thousand dollars more, you could buy a 1.3445 acre listed on the same website.

The Quebec home, listed at $999,999, is about $20,000 short of the July 2019 average cost of a new home in Kelowna, which is $1,020,655, according to Canada Mortgage and Housing Corporation (CMHC).

The 30-year-old Quebec home has three bedrooms, two baths on 58,568.35 square feet of land, described as sa¹ú¼Ê´«Ã½˜intimatesa¹ú¼Ê´«Ã½™ and sa¹ú¼Ê´«Ã½˜privatesa¹ú¼Ê´«Ã½™ on the listing and overlooking sa¹ú¼Ê´«Ã½˜one of the most beautiful lakes in Quebecsa¹ú¼Ê´«Ã½™, Lake Archambault.

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The Ellis Street loft was designed by a Vancouver interior designer, featuring 18ft ceilings, two-storey windows and three private patios overlooking Kelownasa¹ú¼Ê´«Ã½™s arts and culture district.

According to CMHC, out of 57 single family/semi-detached homes sold in Kelowna in July 2019, the cheapest 20 per cent were sold for $729,000. The most expensive was $1.5m, with a median price of $1.1m.



David Venn
Reporter,
Email me at david.venn@kelownacapnews.com
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401-1289 Ellis Street, Kelowna, B.C. is listed on Sothebysa¹ú¼Ê´«Ã½™s for $998,000. (Sothebysa¹ú¼Ê´«Ã½™s International Realty)




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