Accredited Investor Opportunity

Promontory at Upper Mission is 4.5 acres of prime view land located in one of the most prominent and visually stunning neighbourhoods in Kelowna.

Built with the same offerings as Promontory Kelowna, Upper Mission will have accessible price-points, advanced energy efficient features, family friendly spaces and spectacular views in a prime location.

Maximizing land-use, the project will be multi-family with 8-12 phases located in an exclusive neighbourhood just minutes from one of the highest rated schools in BC. Ideal for a young family and downsizers.

  • Minimum Investment of $50,000;
  • Projected preferred returns of 18% annualized
  • Convert your investment into real estate
  • Stunning views of Lake Okanagan and Kelowna
  • Exclusive neighbourhood with million dollar homes.
  • Best public schools
  • 4.5 acres of north-facing sloped bare land.
  • Maximizing land use with up to 12 phases of development
  • Eco-efficient townhomes
  • Affordable price-points
  • Family friendly spaces

BC’S FASTEST GROWING METROPOLITAIN AREA*

From the rise of Kelowna’s young entrepreneurial spirit and the rush of people choosing Kelowna as their new home, the city is the most diverse its ever been. Retirees from across Canada are choosing Kelowna for its laid back lifestyle and dry climate. Families choose Kelowna because of its great outdoor spaces.

  • POPULATION GROWTH INCREASED 2% (between 2017-2018, BC Stats)
  • HOUSING STARTS DOWN 17.5% (2018 Q2 – 2019 Q3, CMHC)
  • MEDIAN HOUSE PRICE UP 25.3% TO $901,250 (since 2017, CMHC)
  • AVERAGE RENT (2 BED) UP 10% TO $1267(from Oct. 2018 – Nov. 2019,CMHC)
  • UNEMPLOYMENT DOWN 1% TO 5% (from 2017 to 2019, Stats Can)

* Details found at investkelowna.com

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PARKS AND RECREATION

H2O Fitness: 6 mins
Bertram Creek Park:12 mins
Cedar Mtn. Regional Park: 14 mins
City Park: 16 mins

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WINERIES

St. Hubertus winery: 7 mins
Cedar Creek Estate: 9 mins
Tantalus Vineyards: 7 mins
Summerhill Pyramid : 4 mins

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GOLF

Michaelbrook Ranch Golf: 8 mins
Harvest Golf Club: 13 mins
Gallaghers Golf & Country Club: 19 mins

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SKI HILLS

Big White Ski Resort: 1 hr
Silver Star Mtn. Resort: 1 hr 20 mins

THE NEIGHBOURHOOD

  • Breathtaking views of Kelowna, Lake Okanagan, and forested mountains
  • Brand new public schools
  • Quiet and serene
  • Upscale neighbourhood

FEATURES & AMENITIES

  • Large spacious floor plan
  • Detailed finishings
  • Panasonic smart home appliances
  • Two unique colour schemes
  • Pets allowed
  • Views Optimized throughout the project
  • Solar Panels installed
  • Parking for all homes

LOCATION

  • Close to several wineries
  • Golf Courses within 10-15 minutes
  • Trails and hiking at your doorstep
  • Rancher style living
  • Surrounded by nature
  • 15 min to Downtown Kelowna

Historical price range for Strata and Single-Family Homes in Upper Mission area

  • Single family homes priced between $700-800k sold well in 2018 and 2019.
  • Homes priced $1-1.2 mil also sold well.
  • Sales of townhomes and condos between $300-600k remain strong.

48 three-level townhouse units.

 

Unit Type Size
Type A 1950 sf
Tybe B 2600 sf
Tybe C 1050 sf

THE TEAM:

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Trusted and experienced team

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Experts in real estate project development

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Established track record

Register for Promontory at Upper Mission

Please fill out the form to express interest in the Promontory at Upper Mission project.

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