Friday, December 17, 2010

Cadence Holiday Hours

Our showhome will be closed on the following days:

Dec 23, 24, 25, 26, 27
Dec 31 & Jan 1


Otherwise, we are open daily like usual from 12-4pm or by appointment 250.863.3541

From everyone at Cadence,
have a safe and happy holiday season!


Friday, October 29, 2010

Frequently Asked Questions

Q. Is Cadence at The Lakes freehold property?

A. Yes. Cadence is a freehold strata title property, which means you own your lot and your home in their entirety. It is not leasehold, nor is it First Nations property.


Q. What is a bare-land strata? Do I pay fees for this?

A. A bare land strata is governed by The Strata Property Act and refers to the subdivision of land into strata lots and common property. In a bare-land strata development, each lot is individual and, in our case, features a self-contained, single-family dwelling. This is unlike a conventional strata development, where all of the lots share the land and buildings, as well as the common property.

The common property at Cadence is the recreational facility that all residents will have the exclusive right to use. Because this property is shared between the homeowners, a monthly strata fee will need to be charged in order to cover the ongoing cost of maintenance. However, since the fees for bare land strata do not need to cover the expense of maintaining all the individual dwellings in the development, they are significantly lower than conventional strata property fees.

For more information on what else your strata fees will cover, please refer to the Maintenance Free section of our website.


Q. How stable are the monthly fees? Will these increase when the recreation centre is built?

A. The fees are based on the budget provided by the Developer in the Disclosure Statement and costs for maintaining the recreation center are already included.


Q. Do I pay for geothermal heating and cooling? Do I have any options?

A. You have two options for paying your geothermal costs. One option is to become a customer of TerraSource Geothermal Utility Services and pay a fixed monthly fee (usually around $77.00) for unlimited heating and cooling. This rate is linked to the Consumer Price Index in British Columbia and increases only if the Consumer Price Index increases. Your other option is to purchase your entire geothermal system outright. By doing this, you will own your own ground loops and would never have to pay another monthly fee. This is why it is common to hear that geothermal energy pays for itself in about 8-9 years.

For more information, please refer to the Geothermal section of our website or visit TerraSource Utility Services.


Q. What if I want to first be a Terrasource Geothermal Utility Services customer and then purchase my geothermal system at a later date?

A. No problem. You can purchase your system outright at any time. The customer cost for this option is equal to the current Monthly Loop Access Fee multiplied by the Early Termination Multiplier (109).


Q. When will the recreational centre be built? What does it mean that it’s been “bonded for”?

A. Due to its location, the recreation facility will be built with the third phase of Cadence at The Lakes. When you hear that it has been “bonded for,” it means that the funds to build the facility have been secured with a letter of credit in favour of the District of Lake Country. As such, there is no risk that the recreation facility will not be constructed.


Q. Is this a gated community?

A. Cadence at The Lakes features an attractive perimeter fence and landscaped boulevard, but does not have an actual gated entrance. This is because the District of Lake Country will continue to be responsible for maintaining the roadways, sewer system, light standards, and fire hydrants within the development. Consequently, because these costs do not need to be accounted for in the Strata budget, the savings are passed on to residents in the form of lower monthly strata fees.


Q. Is there an age restriction at Cadence?

A. No. Cadence at The Lakes offers maintenance-free resort style living for all ages.


Q. Is Property Transfer Tax (PTT) payable on the lot and home?

A. At Cadence at The Lakes, we offer a purchasing package that is unique to most developments. When you purchase at Cadence, we will allow you to separate the contracts of the lot and home so that you can buy your lot in a separate transaction from the purchase of your home. If you decide to pursue this option, you will only have to pay property transfer tax on the value of the lot. This could save you approximately $4500 - $8000 depending on the price of your home.

For more information, please visit http://www.sbr.gov.bc.ca/individuals/Property_taxes/Property_Transfer_tax/ptt.htm


Q. Are Cadence at The Lakes and The Lakes the same entity?

A. No. Cadence at The Lakes is a community being built within the already established neighbourhood of The Lakes. We are a bare-land strata development offering home and lot packages for those seeking a maintenance free lifestyle. The Lakes itself sells lots for either builders or purchasers to build their own homes and is not stratafied.


Q. How close are you to the airport and UBCO? What is the distance to Vernon or Kelowna?

A. We are just 13 KM from the Kelowna International Airport and 15 KM from UBCO. Cadence is 20 minutes south of Vernon and 20 minutes north of Kelowna.


Q. What style of homes do you offer and how are they priced?

A. Cadence at The Lakes offers rancher-style single family homes with seven different floorplans to choose from and a wide range of finishing options. Prices for house packages vary depending on the size of the lot and the style of the floorplan; however, all of our prices include the house, lot, landscaping, and exposed aggregate driveway. Packages at Cadence can range between $379,900 to $549,900* and can be built to suit almost every budget.

* Subject to availability.

If you have any other questions about Cadence at The Lakes, please feel free to email our friendly Sales Team - they're always happy to help!

Thursday, September 30, 2010

Okanagan Valley Corridor Expansion

Many people have asked us how the expansion of the highway between Winfield and Oyama will affect our development. Well the good news for all of our residents and prospective buyers is that new highway does not impact our development at all; in fact, it only makes life at Cadence even more convenient!

As you can see from the illustration below, the new highway, part of the Ministry of Transportation's expansion of the Okanagan Valley Corridor, will be upgraded from two lanes to four lanes and will be realigned so that it sits west of the existing highway.



The realigned section of highway will run just below The Lakes subdivision; however, this will have zero impact on the homes at Cadence due to the buffer zone created by Phase 3 of The Lakes and the fact that the highway is situated downhill from the development. So not only will this expansion have no negative impact on Cadence, it will actually benefit our residents by increasing road capacity in the area, creating a safer driving environment and reducing travel times between Lake Country and Vernon.

For more information on the Okanagan Valley Corridor Expansion, including an FAQ, please visit the Ministry of Transportation and Infrastructure's website: http://www.th.gov.bc.ca/OkanaganValley/projects/winfield-oyama

There is also a great video animation of the expansion available:
http://www.th.gov.bc.ca/OkanaganValley/video/Winfield_Oyama_NB/index.html

Life's good lived at your own rhythm!

Tuesday, July 13, 2010

Limited Time Offer: Save the 12% HST!

As a special limited time offer, when you purchase your lot & home package at Cadence at The Lakes, you can save the 12% HST! Our summer special means that you can have the home and lifestyle you've always wanted, for thousands of dollars less than you would pay elsewhere. Some conditions do apply, however, so speak with our Sales Representatives today for more information. Just register with our website at www.CadenceKelowna.com or call 1.877.766.9077. Bill and Eric are always happy to help you!

Thursday, May 20, 2010

Available for Immediate Possession

Looking for a market ready home at Cadence at The Lakes? Well, if you want a maintenance free lifestyle and are ready to move now, we have the house for you! Featuring our newest floorplan, the Fresco:

Fresco Home | SL23
List Price: $428,000.00 + applicable taxes
Price includes home, lot, and landscaping!

Main Floor Features:
  • 1352 sq ft of fully finished space

  • 2 bedrooms with walk-in closets (master + second bedroom or den)

  • 2 full bathrooms with heated ceramic tile floors

  • 9 ft ceilings throughout

  • 5 stainless steel appliances (gas range, over the range microwave and fan, fridge, dishwasher)

  • Gas fireplace with custom mantle

  • 2 car fully finished garage

Lower Level Features:
  • 8 ft unfinished basement

  • Preloaded with drywall (could add up to 1338 sq ft)

  • 3 window wells for added natural light

  • Geothermal heating/cooling unit (connection fee included)

Upgrades:
  • Verandah front entry way

  • Extended patio cover

  • Metal spindle staircase

For more information, or to schedule a viewing of this home, please contact our sales team at 1.877.766.9077 or via email.







New Faces

We are very proud to introduce you to the two new members of the Cadence at The Lakes Sales Team: Bill and Eric. These fine gentlemen will be working exclusively out of our showhome, and will be more than happy to give you a tour of the development and assist you with any questions you may have about the unique home packages available at Cadence. Stop by any day from 12-4pm to see their smiling faces, or call 1.877.766.9077 to schedule a viewing outside these hours. Life's good lived at your own rhythm!

Tuesday, March 2, 2010

SPRING SPECIAL: Save 50% Off Basement Finishing!

As a special limited time offer, Cadence at The Lakes will give you 50% off basement finishing if you purchase your new home prior to May 1, 2010. This is an excellent oppourtunity to effectively double your square footage for an extra-affordable price! There are plenty of different finishing options to choose from: select either an 8' partially or fully finished basement, or build yourself a walk-out home with all the trimmings. Our fully finished basments give you a recreation room with electric fireplace and custom mantle piece, two additional bedrooms, a full bath with heated tile floors, an extra closet and storage room, plus three window wells for added natural light. Custom options are also available. For more information, please contact our sales team at 1.877.766.9077 or register with our website at www.CadenceKelowna.com



Wednesday, February 3, 2010

Tommie Gold!

Cadence at The Lakes is proud to announce that they recently took home gold at the Canadian Home Builders' Association's Tommie Awards for "Excellence in Sales Centre and Model Home Presentation". We would like to thank our home building team, our designer, architect, and all the trades that helped to make this possible!

Our award winning show home is located at 13075 Lake Hill Dr, and is open daily from 12-4pm. To make a viewing appointment outside these hours, please call 1.877.766.9077 or visit our website for more information.

Life's good lived at your own rhythm!

Monday, January 18, 2010

Market Ready Homes

Are you ready for the Lake Country lifestyle, but don't want to wait for the home of your dreams to be built? Well look no further! In addition to our custom home packages, Cadence at The Lakes also has two fabulous display homes that are available for your immediate possession:

1) "Concerto" floorplan - $438,000.00 SOLD!

Price includes home, lot, and landscaping. 2 bedroom, 2 bathroom, 1428 sq ft on the main floor, and a fully finished 2 car garage. 8 ft unfinished basement, preloaded with drywall to be completed at your convenience, could add an additional 1413 sq ft. Geothermal heating & cooling, gas fireplace, and beautiful stainless steel appliances. Warm tile floors in all bathrooms. Interior finished in our "Toffee" colour palette, exterior in "Harris Cream".

MLS Listing here | Floorplan here

2) "Fresco" floorplan - $420,695.00

Our newest floorplan! Price includes home, lot, and landscaping. 2 bedroom, 2 bathroom, 1352 sq ft on the main floor, and a fully finished 2 car garage. 8 ft unfinished basement, preloaded with drywall to be completed at your convenience, could add an additional 1338 sq ft. Geothermal heating & cooling, gas fireplace, and beautiful stainless steel appliances. Warm tile floors in all bathrooms. Interior finished in our "Vanilla" colour palette, exterior in "Heathered Moss".

MLS Listing Coming Soon | Floorplan available by request

To take a tour of these homes, please visit our Sales Studio located at 13075 Lake Hill Drive (in the heart of The Lakes subdivision). We are open daily from 12-4pm. Or, to arrange an after-hours viewing, please contact our sales team at 1.877.766.9077. We would be most happy to show you the quality and value that the homes at Cadence have to offer!