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The Peaks by Prime MLS® Listings
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Building Info
The Peaks by Prime - 1402 Cara Glen Way, Kelowna, BC V1V 2J1, Canada. Located at crossroad Cara Gin Way and Clifton Road in the neighbourhood of Glenmore - Central Kelowna. The Peaks features 35 spectacular townhomes with contemporary finishes, spacious rooftop patios and an outstanding Glenmore location. With 2-and-3-bedroom townhomes ranging from 1,182 sqft to 1,500 sqft, The Peaks combines timeless finishes with contemporary design. Whether you are buying your first home, a home for your growing family, or downsizing into your next chapter, every home at The Peaks features the same great design elements and style.
B.C. housing market showing signs of marginal improvement
B.C.’s housing market saw a slight improvement in March as home sales nudged higher following a 5.9-per-cent decline in February. Sales increased 0.7 per cent to reach 5,866 unit sales. Home prices rose 1.8 per cent. This said, housing momentum has waned in the last few months as buyer sentiment shifted amid interest rate uncertainty.
MLS home sales increased in most of the province’s real estate board areas. The Greater Vancouver area saw home sales increase by 1.4 per cent following a decline in the previous month. In Chilliwack, home sales increased only slightly—by just 0.5 per cent—while the Kootenays reported a 17.2-per-cent increase. Home sales also rose 9.4 per cent on Vancouver Island, and were unchanged in the Fraser Valley. However, the Okanagan-Mainline and South Okanagan areas recorded sales declines of 8.9 per cent and 19 per cent, respectively.
Lethbridge industrial market strengthens as options limited
Western Canada’s industrial markets are at an inflection point as demand normalizes and the pause that hit new construction last year begins to make itself felt.
Conservative market sentiment is now creating the conditions for stronger performance in 2024, Avison Young reports, with cities like Lethbridge poised to see a landlord’s market for industrial space.
Lethbridge reported a 4.1 per cent vacancy rate in the first quarter, up from 4 per cent at the end of 2023. But space under construction is down more than half from last year to 50,000 square feet, creating potential supply constraints.
That change will have significant implications for cottage owners. Many have seen the value of their properties skyrocket in recent years, which could cause them to kick the tires and sell before the higher tax rules kick in.
High-tech sensors in workplaces, postal-code analysis among tools for real estate strategies.
Driven by persistent return-to-in-person challenges, local companies are leveraging office space data to optimize the physical spaces they occupy.
Employee commute times and office space utilization data are informing companies’ strategies for encouraging in-person work and optimizing office layouts to meet long-term goals, according to those who spoke toBIV.
“As companies are revisiting or choosing to revisit their office space, they’re looking at a year to two years of real good data of who’s coming in, how often, what are they doing and what’s the purpose of the office for those people,” said Alain Rivère, vice-president of the high technologies group at CBRE.
Detached home starts decline as condo, townhome starts boom in 2023
The West Coast housing market saw a significant boost in construction activity last year, according to a new report by the Chartered Professional Accountants of British Columbia (CPABC).
The annualBC Check-Up: Investreport found that construction began on 35,553 housing units in southwest B.C. during the year, a 20.9 per cent jump compared with 2022. This marks the highest number of housing starts ever recorded in the region.
“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C. businesses,” said Lori Mathison, president and CEO of CPABC, said in an April 18 statement.
ELEVATE THE EVERYDAY The Peaks offers contemporary designs, timeless finishes and functional indoor/outdoor living spaces designed to enrich your lifestyle. • All homes include your own fenced yard, upper deck and rooftop patio • Most homes have side-by-side double-attached garages • Choice of 2 curated colour schemes - Cool or Warm • Vinyl plank flooring throughout the main level and lower entry • Premium carpet on stairs and upper level • In-suite laundry with washer and dryer • Standard 2” horizontal faux wood white window coverings • Roughed-in electric vehicle station • Natural gas heating and cooling system • Hotwater on demand • Energy-efficient double-glazed windows with an abundance of natural light • 2/5/10 new home warranty
ON TREND KITCHENS - A RECIPE FOR FUNCTION AND STYLE • Spacious kitchen layouts with islands for easy meal preparation • Designer cabinets • Quartz countertops • KitchenAid stainless steel appliances including: - Counter depth refridgerator with bottom freezer - Dual fuel gas stove - Dishwasher • Distinctive tile backsplash • Dual basin stainless steel under-mount sink with Moen faucet • LED disk lighting
EMBRACE THE OUTDOORS Entertain in style with your own private rooftop patio surrounded by expansive mountain and valley views. • Additional main level deck and fenced yard • Roughed-in gas BBQ outlet on all decks • Standard frost free hose bib • Built-in irrigation system
CONTEMPORARY BATHROOMS • Sleek glass shower stall • Tile flooring in all bathrooms • Quartz countertops in ensuite and main bathroom • Designer cabinets • Moen faucets • Large wall-mounted mirror with modern light bar • Heated floor in ensuite
THE IDEAL LOCATION • Steps to Knox Mountain walking & biking trails • 5 minutes to Glenmore shops & restaurants • 10 minutes to all the amenities of Downtown Kelowna • 5-10 minutes to a variety of Kelowna’s parks and beaches • 5 minutes to craft breweries and wine • 5-10 minutes to Glenmore schools and 15 minutes to UBCO • 15 minutes to Kelowna International Airport
OPTIONAL UPGRADES *Contact your Peaks’ Property Specialist for a full list of optional upgrades
Restrictions
Restrictions updated:
January 2011
Construction Information
Year Built
2024
Levels
3
Construction
Frame - Wood
Strata Information
Strata Plan #
Units in Development: 35
Units in Strata: 35
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