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Kimberley Real Estate Purchase Information
Building 6, a duplex is currently under construction with completion scheduled for February 2009 in time for the ski season. Only one unit is available for sale at a pre-completion price of Cdn 499,000. A professionally designed furniture package is available for Cdn 25,000.
Contact Carol Cohen 250-427-0878. carol@tallpinesna.com
| Year |
Avg Price |
Price PerSqFt
|
| 2001 |
$ 259,000 |
$ 143 |
| 2002 |
$ 269,000 |
$ 149 |
| 2003 |
$ 279,000 |
$ 155 |
| 2004 |
$ 359,000 |
$ 247 |
| 2005 |
$ 379,000 |
$ 261 |
| 2006 |
$ 419,000 |
$ 265 |
| 2007 |
$ 479,000 |
$ 323 |
| 2008 |
$ 520,000 |
$ 330 |
Tall Pines Development (BC) Limited Partnership will accept purchase contracts with 10% deposit in escrow. All Canadian buyers must receive, read and acknowledge reading the Disclosure Statement which is filed with the Superintendent of Real Estate for the Province of British Columbia. American buyers are strongly recommended to receive and read the Disclosure Statement also.
Tall Pines Town Homes is a strata development under the Condominium Act. Each purchaser gains fee title to a unit (strata lot) and a pro rata share of the common property. Each purchaser becomes a voting member of the self-managed strata corporation established to manage the affairs of the purchased units. The strata budget and fees are set forth in the Disclosure Statement.
Financing for these real estate opportunities are available from a variety of Canadian banks and financial institutions. The maximum loan to value provided by these sources is 75% for Canadians and 60% for Americans. Tall Pines has an arrangement with Canadian Imperial Bank of Commerce to finance individual mortgages for both Canadian and American buyers. Tall Pines Kimberley BC has an arrangement with a local accountant, who can provide assistance to any buyers who intend to rent out their units.
If you are interested in purchasing a Tall Pines Town Home, please contact us today.
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