Kamloops Real Estate Info

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Kamloops has a number of 55+ seniors living complexes. Most Seniors living is comprised of apartment or condominium living although there are a couple of townhouse developments and mobile home parks dedicated to the 55+ age group. Here is a list of complexes that specialize in 55+ living in Kamloops.

Downtown/South Kamloops

Ashley Court Nicola Street South Kamloops Seniors 55+ Real Estate 150x150 Kamloops Real Estate Seniors 55+ LivingAshley Court: 338 Nicola Street: This sought after complex is centrally located. There is an admittance intercom, secure parking, an elevator, community room and is suitable for the disabled. There are no rentals or pets allowed in this complex. Units in this building consist of one bedroom, one bathroom to the larger two bedroom two bathroom.

Desert Gardens South Kamloops Real Estate Seniors Centre 300x225 Kamloops Real Estate Seniors 55+ LivingDesert Gardens: 554 Seymour Street: This very popular complex has a seniors’ community centre that holds daily activities and clubs. The complex also features secure parking, an elevator and is suitable for the disabled. Units range in size from a one bedroom with one bathroom, to a larger two bedroom and a den with two bathroom unit. Pets are allowed with restrictions.

Manor House Seniors Living South Kamloops Battle Street 150x150 Kamloops Real Estate Seniors 55+ LivingManor House: 360 Battle Street: This 55+ Seniors orientated complex is in a great location, walking distance to numerous down town activities including the YMCA/YWCA. There is secure parking, admittance intercom and an elevator. There is also a community room for activities. The units in this complex range in size from a one bedroom, one bathroom to three bedroom two bathroom units. There are no pets or rentals are allowed in this complex.

Windsor Apartments South Kamloops Seniors 55+ Apartment Condo Real Estate 150x150 Kamloops Real Estate Seniors 55+ LivingWindsor Apartments: 411 Nicola Street: This seniors complex is close to all downtown amenities. There is secure parking, an elevator, a fitness facility, a sauna, a whirlpool and admittance intercom. Units range in size from one bedroom, one bathroom to two bedrooms and two bathrooms. There are no rentals or pets allowed in this complex.

To view all the homes for sale in this area click here.

Brocklehurst

Desmond Mannor Desmond Street Brocklehurst Seniors 55+ Real Estate Kamloops 150x150 Kamloops Real Estate Seniors 55+ LivingDesmond Manor: 840 Desmond Street: This seniors orientated townhouse development is located with in minutes of shopping and transportation. Each unit is self contained with a parking stall out front. Pets are allowed in this complex. Most units are two bedrooms and one bathroom with over 1,000 square feet of living space on one level. This is a smaller strata with only 7 units in total.


Orchard Court Brocklehurst Seniors 55+ Real Estate Kamloops 150x150 Kamloops Real Estate Seniors 55+ LivingOrchard Court: 860 Nicolani Drive: This seniors orientated complex is located in a nice area of Brocklehurst. It is close to transportation, shopping and McArthur Island. There is an admittance intercom, elevator, community room and secure parking. Included with each unit is a enclosed garage or carport. The strata fees include digital cable. There is a rental restriction and one cat or one dog is allowed.

North Kamloops

Golden Vista Suites North Kamloops Seniors 55+ Real Estate 150x150 Kamloops Real Estate Seniors 55+ LivingGolden Vista Suites: 375 Cherry Avenue: This is a brand new seniors development in North Kamloops close to shopping, medical clinics and transportation. This 46 unit strata consists of modern studio and one bedroom suites. There is a common community room and patio in this complex for the residents to enjoy as well as admittance intercom and elevator.

The Willows Seniors Complex North Kamloops 55+ Real Estate 150x150 Kamloops Real Estate Seniors 55+ LivingThe Willows: 120 Vernon Avenue: This complex is located very close to shopping, transportation and medical clinics. Units range in size from one bedroom to two bedrooms and include storage lockers. Pets are allowed with restrictions. This complex has an admittance intercom and an elevator.

Riverdale Mobile Home Park: North Kamloops: This is a popular 55+ park for seniors. Close to downtown, transportation, walking trails and shopping.

To view all the homes for sale in these areas click here.

Valleyview

Curlew Gardens Townhouse Valleyview Real Estate Seniors 150x150 Kamloops Real Estate Seniors 55+ LivingCurlew Gardens: 1975 Curlew Road: This seniors 55+ townhouse development is centrally located in Valleyview. Each unit has an open design with two bedrooms and two bathrooms on the main floor with nearly 1,200 square feet of living space and a full basement. There is also an enclosed single garage. There are no pets and restricted rentals are allowed in this complex.  There is RV parking.

Valleyview Place Kamloops Seniors 55+ Flamingo Road Real Estate 150x150 Kamloops Real Estate Seniors 55+ LivingValleyview Place: 2169 Flamingo Drive: This centrally located Valleyview complex is within walking distance of shopping and transportation. There is an admittance intercom, elevator, extra storage and secure parking. The units range in size from one bedroom, one bathroom to a larger two bedroom two bathroom layout. There are rental and pet restrictions in this complex.

Westsyde

Oakdale Way Mobile Home Park Kamloops Seniors Real Estate 150x150 Kamloops Real Estate Seniors 55+ LivingOakdale Mobile Home Park: 2400 Oakdale Way: This park is split into two sections, the family section and seniors 55+ section. The Oakdale Park is very well maintained sought after park. It is situated close to the rivers trail and transportation. Homes in this park range in size from smaller single wide modular homes to larger double wide homes. Each home is on a small piece of property and usually has some private yard space.

To view all the homes for sale in the Kamloops area click here.

If you are looking for opportunities to purchase in other seniors facilities such as Riverbend, Berwick on the Park, Kamloops Seniors Village or Ponderosa Place contact the facility direct as these properties are not listed for sale on the MLS®.

Many consumers are unclear as to how the HST affects their home purchase or sale. Here is a short guide on how HST will affect you when purchasing or selling your Kamloops home.

The Home Seller:
• You will have to pay HST on any of the goods and services that you would have had to pay GST on before like legal fees and commissions.
•  For all resale homes, the buyer will not pay HST when purchasing your home. Buyers may find it more appealing to purchase previously owned homes to avoid paying the HST.

The Home Buyer:
• Like the home seller, you will have to pay HST on any goods and services like your legal fees, home inspections, etc.
• When purchasing a previously owned home, you will not pay HST on the sale price.
•If you are are purchasing a brand new home the HST will affect your sale price, with that said, you are eligible for rebates depending on the value of the home.

See the table below for the rebate rates (rebates are for homes that are intended for use as a primary residence):

HST Rebates for new homes kamloops real estate 1024x354 The HST and How It Affects Buying or Selling Real Estate In B.C.

For further information about HST click here.

To view the Ministry of Finance Tax Information Notice Click Here.

New Development Residential Kamloops 300x192 Kamloops Real Estate: New Residential Housing DevelopmentsHere is a list of all the areas of Kamloops that have new residential housing developments. These developments consist of multi-family condominiums, townhouses, duplex units, bare land strata developments and single family homes. To view all home listings and properties for sale in Kamloops click here.

Aberdeen

Carindale Court is Aberdeen’s newest single family subdivision. This development features 2 and 3 bedroom plans. There will be 40 single family detached homes and a choice of 9 floor plans. This development is located in the West Highland Development and is across from the Aberdeen Elementary School.

Cobblestone Pointe a new development is one of Aberdeens newest developments. It will consist of 20 duplex style homes in a bare land strata. They back on to a green belt and will have valley and mountain views. It is located on Hugh Allan and Highway 5a (old Merritt Highway).

The West Highland development is located at the intersection of Aberdeen Drive and Pacific Way. This development will feature a variety of dwellings including single family and multi-family homes. Phase one of the development will include 34 single-family lots, two multi-family sites and a mixed-use commercial-residential site. 90 to 110 units could be built in the first phase.

For more info about the Aberdeen neighbourhood click here.

To view all homes and properties for sale in Aberdeen click here.

Batchelor Heights

Saddleback Hills is located north of Batchelor Drive. Stagecoach Drive and Saddleback Drive are two streets in Batchelor where this particular development will be found. There are a variety of homes for sale such as single family detached homes, bare land strata detached homes and duplex style bare land strata homes.

Ridge View Heights is located on Grasslands Boulevard on the south west side of Batchelor Heights. This is a townhouse development and the units range in size from just over 1,000 square feet with unfinished basement space, to over 2,000 square feet on three floors. Many units have bright walk-out basements with three to four bathrooms per unit.

Quails Roost Court is located off of Quail Drive in Batchelor Heights. This is one of the newest developments in Batchelor. The homes are perched on top of a hill and boast beautiful views of the river and valley below.

The Views at Saddleback is located at the foot of Saddleback Drive off of Grasslands Boulevard. This is a bare land 48 unit strata development and features single family detached homes and duplex style homes. Many of the units in this development feature valley and river views.

For more info about Batchelor Heights Click here.

To view all homes and properties for sale in Batchelor Heights click here.

Brocklehurst

Sunset Ridge is a development off of Ord Road set against the northern hills in Brock. This is a leasehold development with low bare land strata fees. There is the option to pay out the lease to transfer the property to a freehold interest. These homes are built green with low-e windows, 30 year roof and high efficiency furnace. All the homes in this development are modular/manufactured homes that sit on a foundation. Some homes do have a basement.

West Briar Estates development is located west of Crestline Street in Brock. This area is mainly single family detached homes on lots that are a minimum of 5,000 square feet. The homes built in this area are predominantly basement entry style homes with two car garages and open floor plans. There are a few ranchers also built in this area.

For more info about Brock click here.

Campbell Creek

Campbell Creek Village is located close to the Wildlife Park 20 minutes from the Downtown core. There are a number of building lots on Dallas Drive, Badger Drive and Badger Place available for purchase including cul-de-sac lots. New homes are also available for purchase. Hiking trails surround this beautiful area of Kamloops.

Dallas

Dallas Town Centre is a new development located on Dallas Drive. This development will be a mix of commercial and residential. Condominium units range in size from one bedroom, one bathroom to larger three bedroom, two bathroom units. Home owners should be able to start moving in next summer 2011.

For more information about Dallas click here.

Dufferin & Southgate

Hidden Trails at Mount Dufferin is the newest subdivision going in to the Dufferin area. It is located at the end of Pacific way and is bordered by Kenna Cartwright park. There are currently plans for numerous single family lots (4 phases) and two multi-family developments. Rockress Drive is Phase 2 of this development and services are in for the new homes that will soon sit on these lots.

Landmark One & Landmark Two is conveniently located across the street from the Thompsons Rivers University on McGill Street near Summit Drive in Southgate. The first phase is complete and features a four storey, 32,800 square foot building development. This development also includes about 9,000 square feet of retail space. Landmark Two is an extension of the first development and will feature 38 one and two bedroom units. The units range in size from 935 square feet to 1,400 square feet.

For more info about Dufferin & Southgate click here.

To view all homes and properties for sale in Brock, Campbell Creek, Dallas, Dufferin & Southgate click here.

Juniper Heights

The Juniper Benchlands area is located at the eastern portion of Juniper Heights. Many homes have breathtaking views  that stretch as far as Kamloops Lake. There are a number of new homes built in this area as well as lots ready for development. This area is predominantly a single family detached development with larger homes typically over 2,500 square feet in size. The newest streets in this area are Similkameen Place, Birkenhead Drive and Place, Cheakamus Drive and Place and Kicking Horse Drive.

Juniper West is located to the west of Highland Drive. Juniper West sits on the western portion of Juniper Heights and boasts beautiful views of the valley below. The newest stretch of Juniper West is along Coldwater Drive that was recently extended westward towards Rose Hill. There are also building lots on Galore Crescent. Many new, pre-existing homes that have been built over the past couple years are located on Stikine Street and Kechika Drive and Kechika Court. New, two storey duplexes are located on Highland Court. These homes are situated near the new commercial area of Juniper.

For more info about Juniper Ridge click here.

North Kamloops

Golden Vista Suites is a Seniors orientated development in North Kamloops. There are 46 freehold strata units in this development. There is a choice of studio and one bedroom apartment style living and there is also a common room and patio for socializing. There is a bonus of 55% reduction in property taxes for 10 years from the City of Kamloops.

Library Square consists of 145 strata condominium apartment residences above the new North Kamloops Library and commercial complex. This new development is conveniently located between the North Hills Shopping Centre and Cottonwoods community centre. Each unit has 9 foot ceilings, a spacious maple kitchen, in-suite laundry, storage locker and a large balcony.

For more info about North Kamloops click here.

Pineview Valley

Primrose Crescent: The final phase of building lots are available for development in Pineview. These lots are zoned for single family homes and are located on the south-western side of Pineview and have views over Dufferin and Pineview. Pineview is close to hiking trails, parks, transportation and shopping.

For more info about Pineview click here.

Sahali

Mesa Estates at Sedona Pines development is on Azure Place, located in Upper Sahali. Homes here have stunning northern views of the mountains and valley below. This is a bare land strata development and consists of single family homes. There are lots for sale as well as single family homes in various stages of construction.

Monarch Drive development is located between Springhill Drive and McKinnley Court. This new development consists of primarily single family homes. There are lots ready for development and new homes at various stages of completion.

Summit Pointe is a new condominium development on the corner of Springhill Drive and Summit Drive. The units in this development feature geothermal heating and cooling, excel custom kitchens, granite counter tops, six appliances and a common fitness facility. The units have beautiful northern views. There is also secure, underground parking.

For more info about Sahali click here.

To view all homes and properties for sale in Juniper Ridge, North Kamloops, Pineview and Sahali click here.

South Kamloops

Guerin Creek is a new high end development in South Kamloops just off of Summit Drive. Many of the homes have high end finishing and appliances. Current homes in Guerin Creek are two level designs with a basement. The lot sizes do vary. Many of these homes have amazing views of the Thompson River Valley looking north.

The Mosaic is located in the heart of South Kamloops. These units are built with high end materials such as hard wood floors, heated tile and custom kitchens. Features on demand hot water and stainless steel appliances. There is also secure underground parking and private entrances.

Arbutus Estates Villas have unobstructed views of the South Thompson River. Each unit features high end finishing such as hardwood flooring, granite counters and ceramic tile. There is a double garage and a security system. Each unit has over 1,200 square feet on the main floor with the same square footage in the basement.

The Mission Hill development is located on the south side of the Thompson river overlooking Victoria Street West and is west of the Overlander bridge. There is a choice of one, two and three bedroom units with a gourmet kitchen and a large balcony perfect for entertaining. The resort-inspired amenity centre will include an outdoor pool, hot tub, cabana and fireplace. The development will feature walking paths, gathering spaces and lighting features. This development is located within walking distance of the Thompsons Rivers University and very close to the Kamloops downtown core.

For more info about South Kamloops click here.

Sun Rivers

Golf Ridge Townhomes are low maintenance living where owners can lock up and go. These executive homes are are complete and ready for new owners. They feature granite countertops, stainless steel appliances, hardwood floors and crown mouldings.

Ironwood which is now selling (Phase I was sold out and they are currently selling Phase II), is bordered by natural areas on the west side of the development and Stoneridge Adult community on the east. Many of the homes sit on 6,500 to 12,000 square foot lots and are built in an “Old World” architectural style like an English country neighbourhood.

The Pointe, which is now selling lots, consists of unobstructed view lots with contemporary modern architecture. This is an adult orientated development. Located close to the Talasa development, the Pointe is in a great location with easy access.

Talasa: There are three stages of the Talasa residential condominiums. Each building consists of four storeys. The units have stainless steel appliances, granite counter tops, walnut and charcoal themed flooring and luxurious contemporary accents throughout. Talasa units have geothermic heating and cooling systems and use sustainable materials and eco-sensitive initiatives. The Talasa development includes a shopping and restaurant development, exercise facilities and a residents club.

For more info about Sun Rivers click here.

To view all homes and properties for sale in South Kamloops and Sun Rivers click here.

Valleyview

Courtland Park is located in the Orchards walk development on Valleyview Drive. These units are built green. The units have 3 bedrooms, 2.5 bathrooms, 9 foot ceilings and two car tandem garages. There are no age restrictions, pets and rentals are allowed in this development.

Orchards Walk is a bare land strata development located on Valleyview Drive. Orchards Walk consists of a number of single family homes that have small private yards. Homes range in size from two bedroom, two bathroom homes to much larger. The bare land strata fees for this development are currently $117 per month.

For more info about Valleyview click here.

Westsyde

Beachmount Estates located on Bank Road is a new single family development bordering the North Thompson River. Currently the site of “The Mansion” Beachmount Estates offers 34 building lots in phase 1 that are available for purchase. This new development is located in the heart of Westsyde and is close to schools, transit and shopping.

Copperwood Estates is a new development located on Westsyde Road. This bare land strata development consists of rancher style duplex homes and two storey duplexes. The ranchers have unfinished basements and over 1,000 square feet on the main floor and the two storey designs have over 1,500 square feet on two floors and no basement. Each home will have a single car garage.

For more info about Westsyde click here.

To view all homes and properties for sale in Valleyview and Westsyde click here.

The B.C. Real Estate Association recently released their 2009 Fall Housing Forecast. I have included the info specific to Kamloops below. You can also view the full PDF at the bottom of the page.

The Kamloops housing market is exhibiting balanced conditions and stable home prices, with buyers and sellers on equal footing. MLS® residential sales in Kamloops are estimated to decline 2 per cent this year to 2,200 units. However, an increasingly diversified local economy has lessened the impact of the recession and will contribute to a double digit rebound in home sales next year.

While an increase in home sales to end users has been evident of the past several months, recreation buyers have yet to come back into the market in significant force. Recreation buyers typically lag improved market conditions and are expected to increase their buying activity in 2010. MLS® residential sales are forecast to rise 18 per cent to 2,600 units in 2010. From a historical perspective, homes sales in 2010 will post a similar level to that recorded in the 2003-2004 period. Despite the financial crisis and a global recession, the average MLS® residential price in Kamloops is estimated to be down 2 per cent on an annual basis from a record $307,369 in 2008.

In contrast to the last 18 months, home prices in Kamloops are expected to be relatively stable in 2010, albeit forecast to climb 2 per cent to $308,000 as an annual average. Larger price appreciation in 2010 is less likely as improvement in the economy will be offset by expected increases in mortgage interest rates during the latter half of the year.

After declining 24 per cent in 2008, housing starts in the Kamloops CA are estimated to fall an additional 28 per cent to 415 units this year. A slowdown in the expansion of the housing stock helps support home prices in both the new and resale housing markets. However, lower inventory levels and stronger consumer demand is expected to induce increased new construction activity in 2010. A total of 545 housing starts are forecast for the Kamloops CA next year, with the largest increase occurring in single detached construction.

To view the full report click here:  BCREA Fall 2009 Housing Forecast

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