Lake Country Excluded from BC’s Speculation Tax
August 23, 2018
The lake view homes at Lakestone will not be included in the province’s newly proposed real estate tax. The Government of British Columbia has named Lake Country as an area where the tax will not be imposed. Designed to capture foreign and domestic speculators, the tax will not affect the master-planned community of Lakestone. Lakestone is located outside of the designated urban centres deemed taxable by the housing-related tax which is scheduled to took effect in the fall of 2018.
Lakestone is a master-planned community located just 12 minutes from the Kelowna International Airport and a 20-minute drive from the vibrant culture of Kelowna. Lake Country is a world-class leisure destination with endless recreation adventures all year round including water sports, cycling, golf, hiking, skiing, the arts, wineries and fine dining.
For more information on lake view homesites now selling in our Benchlands and Highlands neighbourhoods, REGISTER today. Visit the Lakestone Information Centre & Show Homes, open Tuesday to Sunday from 12 to 4 pm (closed on Mondays). Information Centre is located at 9678 Benchlands Drive and our 3 Show Homes are just around the corner. Call 250.766.1213 to speak to one of our representatives.
*Lakestone offering and prices are subject to availability and subject to change without notice.