About Deer Meadows

Welcome to Deer Meadows, where your new neighbourhood effortlessly combines the tranquility of nature with the vibrancy of urban living. Nestled just steps away from the picturesque Rail Trail and mere minutes from renowned wineries, lush parks, and pristine beaches, Deer Meadows offers an unparalleled lifestyle experience. Enjoy the convenience of a swift 10-minute commute to the Airport and UBCO’s Campus, all while embracing the flexibility of rentals and pet-friendly accommodations. With affordable floor plans thoughtfully crafted to suit every lifestyle, starting from the low $200,000s, Deer Meadows invites you to discover the epitome of modern living.

Are these current price offerings including taxes?

No, all prices quoted are subject to the applicable taxes as set forth by the federal and provincial government at the time of sale.

When can I buy a home at Deer Meadows Estates?

Right now!

What are the monthly fees?

$275 for the Hummingbird

$475 for the Woodlark

$575 for the Sage, Coho, Skylark and Monarch’s

This includes your land use fee, water, garbage and septic.

What is the minimum down payment?

You can put down as little as 5%!

What is the estimated completion date of the homes?

We are scheduled to deliver your home approximately 3-4 months after your contract is signed and deposit is paid.

Are rentals/AirBnb permitted?

Yes, rentals are permitted. However, you need to make sure that the tenants abide by the same Community Bylaws that you agree to when purchasing your home.

I own my home, but not the land?

Yes. It is quite similar to a condominium situation. Typically, in a condo the resident owns what is essentially an apartment; everything structurally inside its walls is theirs. As well, residents share common areas such as hallways, lobbies, elevators and recreational areas with the other owners, and a monthly condo fee is paid to the property owner.

At Deer Meadows Estates, you own your home. In both cases, it is like freehold ownership in the sense that you will own the entire home from the ground up, and you will lease the land on which your home sits. And, again like condos, you will share common areas such as roads, sidewalks, the general grounds and all of our amenities.

How is the long term land lease structured?

The long term land lease is comprised of a Monthly Home Site Fee to lease the land and a monthly Community Fee to cover common area property maintenance and administration. It is a 49-year land lease registered on the title of a lot in which you have the rights to occupy. Registration generally describes systems by which matters concerning ownership, possession or other rights in land can be recorded (usually with a government agency or department) to provide evidence of title, facilitate transactions and to prevent unlawful dismissal. It provides additional assurance of the rights between Deer Meadows Estates and the homeowner.

Do I own my home?

Absolutely! It’s very similar to owning your home on a freehold parcel of land. The only difference is that you are not purchasing the lot on which your home sits. It is largely for this reason that homes at Deer Meadows Estates are so affordable. Instead, you are leasing the land from Deer Meadows Estates under the terms of a secure, 49-year lease that ensures you exclusive residential access to the land for the term of the contract.

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Address

8900 Jim Bailey rd

Kelowna, BC, Canada

Email Address

deermeadowslakecountry@gmail.com

Ashleigh

(250) 300 9897

Brittany

(250) 317 2470

Disclaimer

This is not an offering for sale. Such an offering can only be made with a Disclosure Statement. E&OE. The developer reserves the right to make modifications to building design, specification, features and floorplans. All illustrations and renderings are artistic representations only and are subject to change.