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.

1 Bedroom + 1 Bathroom

560 Sq. Ft.

Starting at $239,800 + GST

Hummingbird

2 Bedrooms + 2 Bathrooms

1260 Sq. Ft.

Starting at $421,800 + GST

Sage

2 Bedrooms + 1 Bathroom

756 Sq. Ft.

Starting at $323,800 + GST

Woodlark

2 Bedrooms + 2 Bathrooms

1260 Sq. Ft.

Starting at $426,800 + GST

Coho

3 Bedrooms + 2 Bathrooms

1372 Sq. Ft.

Starting at $443,800 + GST

Monarch

3 Bedrooms + 2 Bathrooms

1372 Sq. Ft.

Starting at $438,800 + GST

Skylark

Right now!

When can I buy a home at Deer Meadows Estates?

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

What is the estimated completion date of the homes?

$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 are the monthly fees?

You can put down as little as 5%!

What is the minimum down payment?

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

Are these current price offerings including taxes?

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.

Are rentals/AirBnb permitted?

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.

I own my home, but not the land?

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.

How is the long term land lease structured?

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.

Do I own my home?

thewattscollective@gmail.com

Email Address

Ashleigh Watts RE/MAX Kelowna

Brittany Merrick RE/MAX Kelowna

8900 Jim Bailey rd

Kelowna, BC, Canada

Address

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.

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