Real Estate Development at Solterra Ranch

Single Family Homes & Legal Suite – Home “Suite” Home

Sol Terra Ranch makes home ownership even more attainable by pre-zoning lots to allow secondary suites . The nearby University guarantees a steady supply of potential tenants, as students seek housing in the area.

There is also high demand for rentals throughout Kelowna, so homes with suites can count on rentals that will help pay for your mortgage.

The applicable development cost charge levied by the City of Kelowna on secondary suites has already been paid by the developer. Since the lots are zoned for secondary suites, all suites will be legal rentals.

For more details about Kelowna's secondary suite development policy, please click here.

When you buy in Sol Terra Ranch, there are many factors designed to help make your new home purchase more financially viable.

• You can purchase an affordable, fully-serviced lot for $150,000 - $200,000
• You save approximately 30 per cent on home construction costs with the purchase of a new modular unit
• You access special financing arranged through the Interior Savings Credit Union
• You gain a mortgage helper with a home pre-zoned to allow a secondary suite.

The extra income from the secondary suites will make it possible for more people to acquire their first new home in Sol Terra Ranch. The secondary suites will also add diversity to the community and supplement the supply of rentals in the Kelowna area.

To apply to purchase your new Sol Terra Ranch lot, complete with a mortgage helper secondary suite, click here.

Please note: Sol Terra Ranch is only selling the lots. To arrange purchase of your modular home, click here to learn more about the companies providing modular homes for Sol Terra Ranch.

Residential Real Estate Development

Sol Terra Ranch offers 127 lots, many with beautiful valley views. Lots range in price from $150,000 to $200,000. Once you have purchased your lot, you can choose whether your new home will be a modular home or a blend of site built and modular.

Zoned for Secondary Suites

Lots are zoned RU2, to allow secondary suites as optional "mortgage helpers." This zoning helps make acquiring a new home in Sol Terra Ranch more attainable. The nearby University ensures high student demand for the suites.

Fully Serviced Properties

Each lot will be fully serviced with water, sewer, power, gas, cable and phone lines to the lot line. The southeast corner of the development will be left in its natural state to provide a community nature park; trees will be planted throughout; and there will be a linear park for walkers leading into a playground for children.

Sol Terra Ranch offers flexible purchasing options for your lot. You can purchase now and add your home immediately. Or you can purchase now and build any time within three years of your purchase date.