Surrounded by orchards and acreages, Glenmore real estate is beautifully secluded and perfect for families. You’ll find three of Kelowna’s most established communities within this neighbourhood: Wilden, McKinley, and Magic Estates.
Own your ideal home, in a lively community located near everything you need. Enjoy contemporary designs that maximize space and smart amenities for modern living. It's a shortcut home from downtown, uptown, UBC Okanagan, schools, shopping, transit, parks and the rest of your world.
Glenmore is part of School District 23 which includes 16 Elementary Schools, 8 Middle Schools, and 5 Secondary Schools. École Glenmore Elementary School, Watson Road Elementary School, Bankhead Elementary School, and École Dr. Knox Middle School are all within the neighbourhood itself.
Lower Mission is home to the Parkinson Recreation Centre, the Kelowna Golf & Country Club, and a linear park system that runs through the neighbourhoods, making it the perfect place to go for a family walk or a run with your dog.
Glenmore’s location on the north side of Kelowna makes it a convenient spot that's right next to Downtown, the Kelowna Airport and several great schools.
The District of Glenmore was incorporated in 1922, but the name was brand new. Local farmers Mr and Mrs John Morrison submitted the name of their ranch (Glenmore) as a suitable replacement for Dry Valley in Starvation Flats, as the area was originally known. The farmers received fifty dollars cash each for their suggestion, worth about $800 today.
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Start by getting pre-approved for a mortgage. Pre-approval informs you of exactly how much you can spend and locks you in at the current interest rate for 90 days or more. This will let you browse properties knowing exactly what your budget is, which is particularly important when considering potential interest rate increases that can be set by the Bank of Canada.
Don’t wait for the “perfect” time to buy, it simply doesn’t exist. Prices are determined by many factors, such as supply and demand, the overall economy, and many other housing market conditions. The impact of these factors varies not just from city to city, but even neighbourhoods. The best indicator to focus on, when assessing your negotiating power as a buyer, is numbers of days on market for a particular property. Generally speaking, the longer it’s been on the market, the more likely the seller will be to negotiate the price!
Many people believe that mortgage loan insurance protects the borrower, but that isn’t true! The purpose of Mortgage loan insurance is to protect the lender in case the borrower defaults on their payments. Because of this, lenders will take our insurance based on factors such as the down payment percentage, and pass those costs on to the homebuyer/borrower, to be paid either in installments or upfront.
