22 Ch. de la Pointe-de-la-Michel, Saint-Donat, Quebec, J0T2C0 Canada, is listed on Sotheby’s for a dollar less than $1M. (Sotheby’s International Realty)

The price of an Okanagan loft can get you an acre, lakefront mansion in Quebec

The average price of Kelowna homes sold in July was over $1m

A 1,665 square foot loft on Ellis Street in downtown Kelowna is listed for a $998,000 on Sotheby’s International Realty. For almost two thousand dollars more, you could buy a 1.3445 acre lakefront mansion in Saint-Donat, Quebec, listed on the same website.

The Quebec home, listed at $999,999, is about $20,000 short of the July 2019 average cost of a new home in Kelowna, which is $1,020,655, according to Canada Mortgage and Housing Corporation (CMHC).

The 30-year-old Quebec home has three bedrooms, two baths on 58,568.35 square feet of land, described as ‘intimate’ and ‘private’ on the listing and overlooking ‘one of the most beautiful lakes in Quebec’, Lake Archambault.

READ MORE: Blow, bucks and BMWs seized in Alberta bust with Kelowna ties

READ MORE: Kelowna ninth most expensive city for rent in Canada, report says

The Ellis Street loft was designed by a Vancouver interior designer, featuring 18ft ceilings, two-storey windows and three private patios overlooking Kelowna’s arts and culture district.

According to CMHC, out of 57 single family/semi-detached homes sold in Kelowna in July 2019, the cheapest 20 per cent were sold for $729,000. The most expensive was $1.5m, with a median price of $1.1m.



David Venn
Reporter, Kelowna Capital News
Email me at david.venn@kelownacapnews.com
Follow us on Facebook | Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

 

401-1289 Ellis Street, Kelowna, B.C. is listed on Sotheby’s for $998,000. (Sotheby’s International Realty)

Just Posted

Suspicious activity on Predator Ridge bike trails

A rock deliberately placed on a hazardous corner results in bolstered security, cameras

Vernon Para-snowboarder crushed by competition ban

Canadian Centre for Ethics in Sport said Matt Hamilton tested positive for a banned substance

Vernon naturalists’ club seeks support for herony

Club asks people to email mayor and council before rookery protection item returns to agenda

Curbside reads available as Okanagan libraries reopen

Okanagan Regional Library reopened June 2 in phased approach

Lumby bands together to block flood water

Creeks swollen and flowing over roads, threatening properties

About 30% of B.C. students return to schools as in-class teaching restarts amid pandemic

Education minister noted that in-class instruction remains optional

Be cautious expanding COVID-19 bubble, Dr. Bonnie Henry tells B.C.

Senior homes stay off-limits as schools, businesses reopen

Trial of accused in Salmon Arm church shooting expected to be brief

Crown won’t dispute not criminally responsible by way of a mental disorder defence

Defence claims Surrey man was mentally unwell at time of West Kelowna murder

Tejwant Danjou’s jealousy ‘tormented him’, according to his defence lawyer

WildSafeBC: What to do when you find a fawn

Fawning season occurs from May to early July

Small business grants available through Okanagan initiative

Susie and Bryan Gay launched ‘This Bag Helps’ to help fellow small business owners during the pandemic

RCMP, coroner investigate ‘unexpected deaths’ on Salt Spring Island

Two dead, police say there is no risk to the public

Trudeau avoids questions about anti-racism protesters dispersed for Trump photo-op

Prime minister says racism is an issue Canadians must tackle at home, too

Most Read