Spring has arrived in the Sunny Okanagan
Spring has finally SPRUNG! It's been a long hard winter all over the country. As usual Penticton leads the way into spring. The first sign of spring is that the Penticton Golf and Country Club is NOW OPEN! Come visit us and play some golf.
Grand Opening
Speaking of spring, The Verana Okanagan will be hosting our Spring Grand Opening Event on Saturday, April 18th from 12pm to 4 pm. We will be barbequing hot dogs and serving ice cold pop to all. We will be unveiling our plans for the New Amenity Building to be built very soon and we will be showing off our totally completed Phase II building and all remaining suites that are for sale.
Amenity Building
The Amenity Building is a 2400 square foot architecturally designed building to match Phase I and II. It will contain a functional kitchen room, a meeting room, an equipped exercise room, washrooms and change rooms fully equipped with showers and a large lounge/event room with fireplace. We are very excited about this Amenity Building and so are our customers. Come out on April 18th to see the plans for yourself!
Spring Sales Event
The Verana Okanagan will also be introducing our limited time Spring Sales Event. For a limited time we are reducing the price of our remaining suites by an additional $25,000 on one bedroom and one bedroom plus den suites and $35,000 on our two bedroom and two bedroom plus den suites. This means a Total Savings of $50,000 and $70,000 respectively. Take an additional $25,000 or $35,000 off the listed Sale Price!
Falling Rates
The interest rates have dropped to the lowest levels in decades. With our prices starting at $225,000, this is certainly a great opportunity to buy especially first time home buyers.
Why rent when you can buy?
The Mortgage Centre Okanagan is pleased to announce their Grand Opening Special in conjunction with The Verana Okanagan, they will pay both your appraisal fees AND legal fees!
Wondering what your monthly payments would be?
Purchase Price $225,000 5%Down $11,250 Monthly Payment $952.51
Purchase Price $250,000 5% Down $12,500 Monthly Payment $1058.35
Purchase Price $275,000 5% Down $13,750 Monthly Payment $1164.18
Purchase Price $300,000 5% Down $15,000 Monthly Payment $1270.02
Purchase Price $325,000 5% Down $16,250 Monthly Payment $1375.85
*The above mortgages include CMHC premiums and are based on a 5 year fixed rate at 3.85% OAC with an APRof 3.89% over 35 years.
First Time Home Buyers Program
First time home buyers are able to withdraw up to $25,000 from RRSP's tax free if applying it towards the purchase of a home, they are also eligible for a new $5000 tax credit to help offset closing costs associated with buying a home.
