Development Spotlight: Gyro Beach Townhomes
Posted by AJ Hazzi on
The incandescent designer townhomes at Kelowna's Gyro Beach are located in one of Kelowna's most beloved locales. Gyro Beach is one of the city's most scenic public lakefront locations, featuring a white sand beach, a playground, athletic courts, and beautiful wooded walkways. It's no wonder that Northern Lights Land Development Corp chose this sunny waterfront spot as the site of their sleek, state-of-the-art townhome project.
Gyro Beach Townhomes are a refreshing addition to Kelowna's new construction landscape. With a wealth of modern luxury estates and high-rise condos being developed throughout the city, the townhouse presents an imaginative alternative that blends the best aspects of condominium and single-family living. At Gyro Beach, you'll…
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With the first half of the year on the books, I wanted to summarize where we are at during these interesting times. As you might expect, with two years in a row of double-digit property value growth in the Okanagan, and the headlines that go with it, we have seen the number of properties purchased for investment increase by 40%. This is a combination of baby boomers looking to augment their retirement income and out-of- towner’s catching wind that Kelowna’s market is in the full swing of a real estate boom and looking to get a piece of the action.
We hear headlines like the central Okanagan home values are up 8.5% year over year and that’s great, but which neighborhoods in Kelowna are driving that appreciation? Which neighborhoods are performing well above the regional average? Whether you’re an investor looking to buy in the hottest little pocket or just a homeowner curious to know how your neighborhood stacks up, this little comparison should be of interest to you.