The province of BC has just introduced new legislation to reign in short term rentals. 

The introduced legislation to regulate the short-term rental market in British Columbia appears to be a significant step in addressing the challenges posed by the rapid expansion of short-term rentals. This initiative has important implications for both the real estate market and the broader housing situation in the province. This new legislation will have an impact on communities with a population greater than 10,000ppl or with certain designations like 'resort' or 'First Nations reserve land'. 

Let's break down the key points from the article and discuss their implications:

Housing Affordability

The article mentions that the legislation aims to make…

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January 20th, 2022 will be a day I remember for a while as it pertains to real estate deals. That was the day I sold the most expensive lot in the history of the Tobiano Resort Development at 315 Holloway Dr. for $620,000.00.

The lot itself is one of the best, if not the best building lot in the entire Tobiano development as it is 0.41acre in size and sits on top of a bluff overlooking Kamloops Lake and is adjacent to the 15th green of the Tobiano Golf Course. What makes this lot so unique and rare is that we only have 18 of these lake view bluff lots and only one that borders the golf course.

The Tobiano Resort Development was originally opened up to the public back in the fall of 2006 with the release of a…

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315 Holloway Drive - $649,000

This spectacular 0.41acre, flat lot is the westernmost bluff lot with one neighbour bordering the 15th fairway with unobstructed lake views. This lot is truly the best of the best at Tobiano and the last remaining bluff lot in the development. Comes with design guidelines and no timeframe to build. 

If you'd like to view or learn more about Tobiano Real Estate, please call Andrew Karpiak at 250-819-4113.

Click here to see the video and drone footage of this Tobiano lot for sale.

For more information about 315 Holloway Drive click here.

To view all homes for sale in Tobiano click here

To view more about the Tobiano neighbourhood click…

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Most Expensive Neighbourhoods in Kamloops 

There are a lot of factors that go into deciding where to live. One major factor is the cost of living and what you can afford to spend on your monthly mortgage, utilities, groceries et cetera. Below we have ranked the five most expensive neighbourhoods in Kamloops according to data from Kamloops and District Real Estate Association (KADREA).

In this blog post, we will discuss how these areas compare with one another as well as offer some insight into each neighbourhood’s pros and cons. Whether you're looking for a starter home or something more luxurious, take a look at these neighbourhoods and see what they have to offer. So without further ado, let’s find out which neighbourhood has the…

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The Year Tobiano Sold Out

2021 will likely go down in history as the year that Tobiano real estate finally sold out. I am not sure who tracks this other than myself, but this is a big deal. Back in 2006, when I first joined the marketing team with Sotheby's, we had about two years of tremendous sales as that was the lead up to the late 2008 real estate market crash. Once that crash happened, I was the only agent to stick it out at Tobiano and slowly watched our annual sales go from 5 units to 10 to 15 to 20+ per year. We sit at July 26th, 2021 and have already sold 77 properties since January 1st, 2021. Those sales have ranged from a $189,000 building lot to a $1.65 million home on the Bluff. Here is a recap of where the various real estate projects…

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Come check out this basement-entry 3 story, 1906 sqft, 3 bedroom, 2.5 bathrooms, half-duplex home in the Lake Star development at Tobiano. This 12-year-old home has only been slept in a handful of times so it's pretty much brand new. The open concept main floor has a nice open chef's kitchen with stainless steel appliances, a gas range, and easy access to the SW facing back patio. The living area has a gas fireplace and opens up to a large composite deck facing Kamloops Lake and Bruker marina.

The upstairs boasts a nice large master bedroom suite with 2 additional bedrooms and a laundry room. The basement has a large 2 car garage and huge storage and mechanical room. The Lake Star complex has a clubhouse building with an outdoor pool, hot tub, full…

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lot for sale at tobiano

Very rare level entry rancher style lot on the 4th fairway with views of the Tobiano golf course and Kamloops Lake. Very few of these lots remain for sale at Tobiano. This particular lot is .42 of an acre and is almost 200ft long. Lots of room to build your dream home with walk out basement, detached garage/shop and possibly even a pool to enjoy the views. GST is not applicable. Inquire about the utility stand by fee and utility connection fees for when you build your home. No build timeframe. Design guidelines come with the lot. Listing price is $449,900.00.

If you'd like to view or learn more about Tobiano Real Estate, please call Andrew Karpiak at 250-819-4113.

To view all homes for sale in Tobiano click here

To view more about the Tobiano…

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Unit #58 was our last unit in Phase 6 at Summers Landing in Tobiano and today it sold.
Summers Landing is a 95 home multifamily strata development located amongst the rolling fairways of the Tobiano Golf Course with commanding views of Kamloops Lake and Bruker Marina.
Each townhome in Summers Landing has access to the million dollar amenity building complete with outdoor pool and hot tub, fitness center and recreation room with full kitchen. Presently the development has 65 Tobiano homes built out of 95 with more on the way. All new Tobiano townhouses come with a full black stainless steel appliance package, washer/dryer, Excel kitchen cabinets with Quartz counters, expanded decks and oversized garages. For…

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pool building at tobiano

Summers Landing Townhomes at Tobiano

Summers Landing is a multi-family development nestled in the heart of Tobiano. It continues to steadily expand with the construction of quality new homes for buyers who are wanting to experience the resort lifestyle at Tobiano. The development is surrounded by one of Canada’s top golf courses and is blessed with spectacular lake and mountain views.

 In late 2019 we began construction of Phase 6 which, when completed, will bring 6 beautiful new homes that each offer North facing decks and patios to take in the views over Bruker Marina, towards Kamloops. These new 3-bedroom duplexes are well appointed with quality finishes and fixtures that you would expect in a location such as this. We have already sold our…

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house in tobiano

As spring starts to peak around the corner, I am sure those of you that have been around for the winter are eagerly anticipating the warmth and sun as much as I am.

2019 was a great year for Tobiano Golf being named #7 public golf course in Canada by PGA of Canada. All told, the golf course had one of it’s best years to date..stay tuned for more exciting announcements from the course for 2020.

From a real estate and development stand point, it is shaping up to be another busy year for Tobiano.

The Summers Landing project is working on the next phase with 6 new homes presently under construction, some of which are already pre-sold. Two of these new homes have suspended slabs pushing the finished square footage up over 2000ft. To see what’s…

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