Your Guide in a Transforming Market

Navigating the Nuances of Buying and Selling in Central Okanagan

Welcome to the definitive guide on thriving in the Central Okanagan real estate market. Whether you're contemplating a sale, on the lookout for your dream home, or simply keen on the latest market trends, this piece is crafted to arm you with the essential knowledge and strategies needed in today's real estate landscape.

Market Overview

The Canadian real estate scene, including Kelowna's dynamic market, is subtly shifting. With a modest national average price increase anticipated, the explosive growth of previous years is giving way to more stable conditions. This evolution encourages a more thoughtful approach to transactions, influenced…

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1979 Old Okanagan Highway, Westbank

Prime retail commercial spaces available to lease at Estates Square

Building 4: Units#401A, 401B, 402 & 403

*This is not the sale of the business. The current tenant is relocating*

$15.00/square feet

MLS® 10302009

A spacious 2-storey retail building with a full basement, offering a total of 24,123 sq. ft. of leasable area.

  • Unit 402 (Main Floor): 11,618 sq. ft. for retail/warehouse.
  • Unit 403 (Second Floor): 5,240 sq. ft. of unfinished office space.
  • Unit 401A & 401B (Basement): 7,265 sq. ft. for storage.

Features:

  • 2 loading docks and a back ramp.
  • High ceilings on both main and upper floors.
  • Bathrooms: 10 in total (7 on main, 2 on second floor, 1 in basement).
  • Next to…

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Kelowna's Best Local Shops for Last-Minute Gifts

A Goldilocks Estates Guide

The holiday season is upon us, a time of joy, celebration, and last-minute scrambles for the perfect gift. Amidst the hustle and bustle, it's crucial to remember the heart of our community: local businesses. Hello, I'm Gillian Krol from Goldilocks Estates, and I'm delighted to welcome you to our blog. Amidst the joy and celebration, it's a time for those last-minute gift hunts. In the heart of Okanagan BC, we're surrounded by a myriad of charming and unique small shops. This guide is here to help you find those perfect last-minute gifts, supporting the local entrepreneurs who add vibrancy to our community.

The Joy of Shopping Local for Holiday Gifts

Why choose…

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Top Picks For Christmas Dinner

Exploring the Best Spots for a Hassle-Free Holiday Feast

Happy holidays from Goldilocks Estates! As your local Kelowna real estate expert, I know the festive season is all about joy, family, and of course, delicious food. But let's be honest, after a long year, the last thing many of us want to do is spend Christmas in the kitchen. So, for those of you looking to indulge in the holiday spirit without the hassle of cooking and cleaning, I've curated a list of the best spots in Kelowna, BC, to enjoy a Christmas dinner out. Let's dive in and treat ourselves this holiday season!

Maestro’s Marvelous Multicourse Dinner

When: December 24th and 25th, 5-8 PM
Price: $75 per person
Chef Travis Bueckert has outdone…

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Your Goldilocks Guide to the Best Christmas Experiences in the Valley

Greetings from Goldilocks Estates! The holiday season has arrived in Kelowna, the heart of the Okanagan, and we're here to guide you through the most enchanting events happening this December. Whether you're a local looking for festive fun or visiting our beautiful city, we've curated a list of the best Christmas festivities in Kelowna that are sure to fill your heart with holiday cheer. So, bundle up in your winter coat, gather your loved ones, and let's dive into the magic of Kelowna's holiday season together!

Reel Christmas Market at Rustic Reel Brewing

760 Vaughan Ave, Kelowna, BC V1Y 7E4

On December 15th and 16th, head over to Rustic Reel Brewing for a traditional…

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Navigating the New Era of Short-Term Rentals in British Columbia

Here in Kelowna, at the heart of the Okanagan, we're witnessing a pivotal shift as 2024 ushers in substantial legislative changes to the short-term rental market. At Goldilocks Estates, we're dedicated to delivering straightforward and practical insights to help our community of young professionals, first-time buyers, homeowners, and investors navigate these changes with confidence and clarity.

Purpose and Scope of the New Legislation

Effective May 1, 2024, the BC government's new short-term rental rules restrict short-term rentals to only principal residences and one additional unit. This measure aims to increase the availability of long-term rental properties in Kelowna,…

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Okanagan's Most Spectacular Light Displays.

 

Welcome to a winter wonderland at Goldilocks Estates! As we enter the second week of December, the holiday cheer is in full swing. We’ve compiled a list of the Okanagan’s top light displays to make this season truly magical. So, grab a cup of hot cocoa, play your favourite holiday music, and let's set off to explore!

The Iconic Tree of Hope in Kelowna

The Iconic Tree of Hope in Kelowna stands as a stunning, 120-foot symbol of the holiday season, adorned with 25,000 bulbs. While the holiday market event at the Tree finished in November, it remains a beautiful sight in the Landmark neighbourhood along Harvey Ave until January. It's perfect for a quick, festive drive-by or a walk with some hot…

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Prime Commercial Space in Westbank, BC - Perfect for Diverse Businesses!

Unit #101B, 1979 Old Okanagan Highway, Westbank, British Columbia | MLS® 10300699

We're thrilled to present a fantastic opportunity for businesses seeking a strategic location with excellent visibility. Located at Unit #101B, 1979 Old Okanagan Highway, Westbank, British Columbia, this property offers a blend of modernity and convenience.

Property Highlights: Discover the Unique Features of this Westbank Gem:
  • Lease Terms: This property is available for immediate lease and priced well at $18.00 per sq.ft.
  • Space and Design: A generous 1,595 sq. ft. of ground floor, open-concept space. It features two washrooms, a small bistro kitchen, storage, and even a…

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Exciting news awaits Okanagan strata real estate purchasers! 

An announcement has just been made, introducing new regulations for minimum contingency reserve fund (CRF) contributions for both BC Strata Corporations and Owner Developers. These updates, effective from November 1, 2023, have far-reaching implications for the management of strata properties in Kelowna.

Minimum CRF Contributions by the Strata Corporation:

Starting November 1, 2023, strata corporations and sections are now required, as per Order in Council No. 32, to allocate a minimum of 10% of their annual operating fund to the contingency reserve fund. This policy shift makes contributions mandatory on an annual basis, regardless of the current CRF balance.

This change…

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The British Columbia rental sector has been in the spotlight recently, thanks to some significant legislative shifts.  If you've been curious about what this means for you and your investments here in the Okanagan Valley, you're in the right place. 

A Closer Look: BC Addresses the Short-Term Rental Surge

Airbnb, VRBO, and similar platforms revolutionized the way we vacation. However, their rise led to an unintended consequence: a shift from long-term housing options to short-term stays. For instance, Kelowna experienced an 89% increase in short-term accommodations since 2020. This shift made settling in the Okanagan a challenge for many. Fortunately, recent legislative measures aim to brighten the prospects for long-term renters by offering more…

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