See How Cadence Makes it Easy to Make a Move!

A new year is upon us and we are looking forward to an exciting 2011. Looking back, the end of 2010 was busy with a number of new residents calling Cadence home. We now have 11 homes either occupied or under construction with more activity in the community every day. So far, early in 2011, there has been very strong interest from the visitors at our show homes.

In talking to our visitors throughout 2010, however, we found a common theme. People were as eager as ever to make a move but were getting tired of having their lives on hold waiting for the economy to change. There seemed to be a number of things everyone had in common holding them back from making a move:

• Thinking they need to sell their home before making a commitment
• A general lack of confidence in the economy
• Fear that prices will continue to drop and they would be buying too soon
• HST – ongoing confusion, misunderstanding and uncertainty

In response, we have explored these concerns and have developed an all encompassing new program that addresses each and every one of these issues. We have reengineered our purchase program at Cadence at The Lakes to simplify the entire buying process and take the risk out of moving. We have looked at all of the elements of the current market and have implemented a brand new program called MAKE A MOVE.

Cadence at The Lakes' innovative new MAKE A MOVE program has been designed to fully address all of today’s complicated issues faced by a purchaser. Our program has been tailored to dramatically simplify the entire buying process, eliminating all of the common ‘barriers to entry’ and paving the way for purchasers to MAKE A MOVE.

• No need to sell your home first – a small deposit secures your choice of home and lot and locks in your price
• You choose when construction starts – leaving you with plenty of time to sell your home
• We build your entire home on a small deposit – you pay the balance once the home is complete
• Prices are protected against both increases and decreases
• In most cases there will be no additional cost due to the HST

So come and see us at Cadence at The Lakes! We are pleased to have added a second furnished Show Home decorated by award winning designer Eileen Ritchie. This Fresco home is move in ready and suitable for anyone looking for a fabulous place to live early in 2011. Value priced at $430,695.00 on a fully landscaped lot the Fresco is open for viewing daily along with our Adagio Show Home.

For more information on this revolutionary new purchase program and to see all of the great changes taking place at Cadence, please visit Bill Wendt and Eric Brenneman. They are at the Cadence Show Homes daily between noon and 4 pm. With over 30 years combined experience in the Okanagan’s finest maintenance free lifestyle communities Bill and Eric look forward to showing you how you can MAKE A MOVE – NOW!

This is why you should move to BC...

Monday, January 17, 2011 @ 16:00

Kelowna, BC      10°C
Vancouver, BC     7°C
Calgary, AB     -19°C
Edmonton, AB    -20°C
Saskatoon, SK   -24°C
Toronto, ON      -5°C

Wednesday, March 23, 2011 @ 17:00

Winfield, BC     11°C
Kelowna, BC      11°C
Vancouver, BC    10°C
Calgary, BC      -3°C
Edmonton, AB     -3°C
Saskatoon, SK    -6°C
Toronto, ON      -5°C

Just sayin!

Another Beautiful Interior by Eileen

Cadence at The Lakes is proud to invite you to visit our beautifully decorated second showhome. Our Fresco home is now thoughtfully furnished by Eileen Ritchie of Eileen Ritchie Homes. Come and see the endless possiblities that await you Cadence! Both of our showhomes are open for viewing daily from 12-4pm, or after hours by appointment. Alternatively, if you're looking for a move-in ready home, our Fresco is available for you! Please speak to our sales representatives for more information at 1.877.766.9077 or via email.

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!

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!

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!

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!