Start 2024 With a Return on Your Investment

If you’ve been searching for a place for your family member to live while they attend university at UBC Okanagan, you are painfully aware of how challenging it can be.  Rental housing near the UBCO campus is almost impossible to find.  Affordable rental housing doesn’t exist anywhere in Kelowna.    One-bedroom apartments or suites close to the campus rent for $1,900 and up, plus utilities.  Renting a room in an apartment or home can start at $1,100 per month and your UBCO Student has little or no control over who may also be residing in the home.  Rents further away from the campus may be slightly lower but then you have the challenge of transportation to and from campus and expensive parking (if you can even find parking available).
 
Ovation Homes may have the answers to these challenges and more.
 
Ovation has been busy building several model homes that will be ready for occupancy in the first half of 2024.  These homes can provide a way to house your UBCO student in a safe, family-oriented community that is a short 15 minute walk to the UBCO campus, not only solving your housing concerns but also solving the issue of your student’s parking.
The first of these model homes will be ready for occupancy at the end of February 2024.  717 Acadia Street is a 2408 sq. ft walkout rancher home.  The main part of this home has 3 bedrooms, 3 bathrooms, 2 living rooms, laundry kitchen and a magnificent view from the covered deck.  There is also a separate, self contained, 1 bedroom suite in the basement with its own kitchen, bathroom and laundry.
 
This home offers an opportunity to house your UBCO student and rent out the other rooms and the suite to help cover the costs of the mortgage.  It means that you can be certain that your student is living in a safe neighbourhood where they control who is sharing their living space.   UBCO is constantly expanding its student base and these students will require housing.  With less than 200 single family homes being built in this area, you can be assured that your investment in this home will continue to grow over the years.