Residential lots - 15 Lots for sale Vernon, $140,000 Get pre-approved

#218631 | Lot # 30, Valley Drive

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Owner's comments

Located in Vernon.

ONLY 15 LOTS LEFT!!!!

Located on the west side of Lake Okanagan between Vernon and Kelowna, "Westshore Estates" is a peaceful, rural subdivision containing plenty of mature trees and about 500 lots in total. Approximately 200 homes have been built to date.

This subdivision has been completely SOLD OUT, primarily to folks planning retirement. We only have about 14 lots for sale, but they are the finest in the area.

These extra ordinary lake-view, hand picked, lots average 2 to 3 times larger than conventional city lots and all have good building sites. All lots are serviced by paved roads, first-class domestic water system, power, phone, cable TV, high-speed Internet, fire hydrants and fire protection service. Sewer is by individual septic tank and field.

There are only minimal restrictive covenants as there is "No Time Limit To Build": Plan your retirement home, utilize your lot for vacation purposes until you build, or simply hold it as a long-term investment. You may choose your own design and exterior finish, as long as it complies with the Canadian Building Code and the B.C. building regulations. No mobile homes permitted and once construction has commenced, the outside of the building must be completed in one year.

These choice lots, with a special view of the lake, range from $140,000 to $250,000

We are only 25 minutes to Vernon and 40 minutes to Kelowna.

Owner will finance as he wishes to retire.

If your lifestyle is suited to living in a rural community, then we're confident that you'll find our property to be the best value for serviced building lots anywhere in the Southern Interior of British Columbia.

Development provides nearby lake access via 258 acres of park reserve containing 4,000 feet of Lake Okanagan waterfront and borders Crown Land offering access to hiking and biking trails. Ideal sun exposure on west side of the Valley: morning sun with evening shade on the lake-view side of your home.

Lot size : Various

Property features

Lot # 30, Valley Drive, $140,000
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  • Asking Price : $140,000
  • Details : Starting at

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Phone : 250-558-7888
Website : Visit website

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Steps to buy this property

So you decided you like this property and would like to make an offer.

Here are the steps.

  1. 1. Investigate Mortgage Options

    As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.

    For information on mortgages and to get pre-approved, contact Axiom Mortgage Solutions: www.ifirst.ca or 1-250-469-9385.

  2. 2. Get a Lawyer

    It's important to hire a lawyer who specializes in real estate. You could find yourself in a bidding war for the home you want, and it doesn't hurt to have a lawyer look over any offer to purchase before you submit it. A real estate lawyer will also conduct a title search and check for outstanding taxes and liens on the property.

  3. 3. Make the Offer

    You can contact your lawyer for help with filling out the offer document, which can be downloaded from the comfree website or provided to you by the seller. You then present the written offer to the seller. This document includes the price, conditions, deposit and closing date. The seller either accepts, rejects or counters the offer (also called "signing back" the offer).

  4. 4. Home Inspection or New Home Warranty

    Hiring an inspector is voluntary, but it's a smart idea for resale homes. You can choose to make your offer to purchase the home conditional on the outcome of your inspection. If your inspection reveals major problems, you can negotiate those repairs with the seller before your deal closes, or legally withdraw your offer.

    What is a New Home Warranty?

    New Home Warranties are typically used when you buy a brand new home. The builder provides a New Home Warranty to cover things like deposits and completion dates, along with labour and materials for at least one year after the home was built. It also protects you against structural problems for a minimum of five years.

  5. 5. Finalizing the Deal

    Finalizing the deal will include the final approval of your mortgage, a meeting with your lawyer to finalize details like insurance and conditions, and the results of a title search.

  6. 6. Moving Preparations

    There's a lot to do before you move. Line up utilities and other services like phone, cable and internet. If you rent, you must give your landlord notice. Also, forward your mail to your new address and hire a moving company. Preparing these things well in advance will help you make a smooth transition to your new home.

  7. 7. Closing Day

    This is the day you legally get possession of the house. Your lawyer completes the paperwork (so the home is in your name), payments are finalized and you receive the deed and the keys. Congratulations on your new home!

We're here to help

Colleen

Customer Service Specialist

ComFree is a team of more than 280 people committed to providing you with outstanding service so you can successfully sell your home.


Need more information? Please call a member of our customer service team:

1.855.544.3131


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Fireplace
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Panoramic view
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