Office Phone: 250-338-5466
Courtenay, British Columbia
The combination of low interest rates and small footprint, affordable homes has resulted in robust sales at Langford’s Kettle Creek Station. The Vancouver Island new home project which offers seven detached home plans under $400,000 and zero per cent financing options has sold four units in the past month and 100 in the last year.
“We’ve had great success with the Kettle Creek Station project because we’ve been able to build a product which has been appealing to buyers despite the challenging market we’ve experienced over the past two years,” said Les Bjola, CEO of Turner Lane Developments. “These new units are ideal for those looking to buy an incredible home – without the usual price tag.”
Kettle Creek Station recently launched the project’s fifth phase which includes 24 micro homes – built in clusters of three attached units, separated by concrete walls.
With HST-inclusive prices ranging from $270,000 (one bedroom, 600 square feet) to $330,000 (two bedroom, 1,000 square feet), all come with individual yards, two car driveways, crawl spaces and granite countertops.
Buyers benefit from fee simple ownership and can choose from a variety of décor packages. Optional features include a built in vacuum system, skylights, wood flooring, stainless steel appliances and geothermal heating and cooling.
“We first introduced the geothermal heating and cooling option earlier this year, during phase three,” said Bjola. “It’s proven to be quite popular with homeowners – not only is it a great investment financially, but it feels great to be environmentally responsible.” Those who opt in for the geothermal technology can expect to save an average of 60 per cent on their annual heating and cooling bills.
The Kettle Creek Development is located on the western edge of Langford Lake about 20 minutes from downtown Victoria.