Seeking info on the Kelowna BC market
Hello all. I am seeking information on Kelowna BC in Canada. Are there any investors on this site currently involved in this market? I am wondering how developers & landlords alike are making out in this market. Is there still a lot of opportunity for infill multi unit new construction within the urban core? How are landlords making out with multi family units? Any info is appreciated! Thank you
Most Popular Reply
@Steve Davis
Hi Steven. Great to hear more interest in the Kelowna market!
I own a buy and hold single family here in Central Kelowna and I work for a contracting company that does residential and commercial.
Kelowna is estimated to grow by 50,000 people in the next 20 years which it’s about 130,000 right which is a substantial increase. Currently has the 7th highest rent in Canada.
Simply said Kelowna is a place people want to live. Either from other countries or other provinces and is the biggest city between Vancouver and Calgary with a strong economy.
I’m looking to grow my portfolio here if you’d like to connect.