Kelowna continues to attract real estate investors, though the strategy today looks different than it did during peak market years. Stability, rather than rapid appreciation, defines the current environment.
Rental demand remains strong due to population growth, limited rental supply, and continued migration to the Okanagan. Townhomes and well-located condos are often favoured by investors seeking balance between purchase price and rental income. Detached homes can work as well, though higher prices reduce margins.
Investors should also factor in financing costs, property management, and evolving regulations. Appreciation may be slower, but steady cash flow remains achievable in the right locations.
Before committing capital, many investors consult local specialists. Anthony Shephard from 2% Realty, a long-time Okanagan resident, helps identify opportunities while reducing transaction costs through his 2% commission model.
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