Important News!

As mentioned in past newsletters, a price increase on the remaining units in Phase One is imminent. As of November 15, 2006, the price increase will be in effect and new price lists will be published to the general public. As a valued client you will be given the first opportunity to purchase any of the remaining suites in Phase One at the current price. Below please find a chart showing the remaining units, their current price, and the new price effective November 15 and the estimated projected price of those types of suites in Phase Two, 2008 possession. This is absolutely the last opportunity you will have to save a lot of money and conversely make a lot of money should you decide to sell your unit in the future. Construction prices are increasing approximately 1% per month, plus Real Estate in the Okanagan is inflating an average 15-20% per year. Don't miss this opportunity! Please contact us as soon as possible to reserve your unit before November 15, 2006.

What's Available?

Here is a list of the suites still available in Phase One as well as the current prices, Nov 15, 2006 prices and estimated Phase 2 prices.


Suite 103 J - Walkout 2 Bedroom IS $300,000 NOV 15 $310,000
Phase 2 $335,000
Suite 105 J - Walkout 2 Bedroom IS $300,000 NOV 15$310,000
Phase 2 $335,000
Suite 201 C - Deck 2 Bedroom plus Den IS $340,000 Nov 15 $350,000 Phase 2 $380,000
Suite 203 B - Deck 1 Bedroom plus Den IS $255,000 NOV 15 $265,000 Phase 2 $285,000
Suite 205 F - Deck 2 Bedroom IS $335,000 NOV 15 $345,000
Phase 2 $370,000
Suite 209 A- Deck 1 Bedroom IS $250,000 NOV 15 $260,000
Phase 2 $280,000
Suite 301 C- Deck 2 Bedroom plus Den IS $345,000 NOV 15 $355,000 Phase 2 $385,000
Suite 303 B - Deck 1 Bedroom plus Den IS $255,000 NOV 15 $265,000 Phase 2 $285,000
Suite 305 F - Deck 2 Bedroom IS $340,000 NOV 15 $350,000
Phase 2 $380,000
Suite 306 F - Deck 2 Bedroom IS $340,000 NOV 15 $350,000
Phase 2 $380,000
Suite 307 F - Deck 2 Bedroom IS $340,000 NOV 15 $350,000
Phase 2 $380,000
Suite 309 A - Deck 1 Bedroom IS $250,000 NOV 15 $260,000
Phase 2 $380,000
Suite 310 A - Deck 1 Bedroom IS $250,000 NOV 15 $260,000
Phase 2 $280,000
Please bear in mind this list is as of November 6, 2006, and is subject to change without notice. Please visit our website at www.veranaokanagan.com for suite layouts and www.picasaweb.google.com/VeranaOkanagan for current photos of the job site as well as views shots from some of the suites.

New Rates

Once again TD Canada Trust has come through with lower rates, 5 year locked in for only 5.35% with special bonuses or a Variable Rate Mortgage@Prime - .5% (5.25% as of November 6, 2006). Please contact Kerry Garvin at 250-770-0486 or email at kerry.garvin@td.com for more information.