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THE NEWEST TOWNHOUSE COMMUNITY IN WEST KELOWNA. CLOSE TO AMENITIES, YET REMOVED FROM THE BUSTLING SOUNDS OF THE CITY.

A unique opportunity for home buyers and starting families. Surrounded by nature, the outdoors are your playground, with unlimited opportunities to satisfy your craving for adventure.

Sit in your backyard nestled along tree-lined trails, or take a trip to the lake only minutes from your front door.

CLOSE TO:

Outdoor Activities

Restaurants

Schools

Stores

Wineries

COMMUNITY. NATURE. CONVENIENCE.

Just minutes from the lake, Nue Vista is situated at the foot of Mount Boucherie, surrounded by an enclave of trees and trails.

Hit the trails from your backyard, while still being close to the conveniences of the city. Take a look at the map to see what’s around the development.

NUE VISTA IS MORE THAN JUST A HOME, IT ALLOWS HOME BUYERS AND STARTING FAMILIES A CHANCE TO START ANEW WITH THE FREEDOM TO BE ABLE TO TELL THEIR STORY, THEIR WAY.

With 78 townhomes to choose from, home owners can benefit from this alternative solution to home ownership through one of West Kelowna’s longest leasehold agreements. Secured by a 125 year registered CMHC approved headlease, Nue Vista aims to provide a value-added solution to the housing market in the Okanagan, by building quality homes at an accessible price.

DEVELOPED BY LOCAL AWARD-WINNING BUILDERS DTD, NUE VISTA WAS CREATED WITH COMMUNITY, DESIGN, AND THE ENVIRONMENT IN MIND

DTD has been building homes for the Okanagan since 2014. As a locally owned company, DTD has strong foundations in the Okanagan and every build is backed by the National Home Warranty.

GOT A QUESTION?

Check our FAQ below and if you still have a question, we are happy to answer you personally.

Who are the owners of the leasehold land?

The Westbank First Nations (WFN), whose land spans 5,300 acres across 5 reserves, are the owners of the land. There are approximately 855 Westbank First Nation Members, the majority of which reside on reserve along with 9,000 non-Member residents. Westbank is a great community to live in, full of thriving businesses and economic opportunities.

How does a leasehold work?

Here’s how the Lease process typically works for reserve lands:

A developer enters into a long-term Lease with a Band Member – a “Head Lease”
The many residential and commercial subdivisions on WFN have an underlying long-term Head Lease which grants the developer the rights to those lands for the term on the Lease.
The developer then, as Lessee, develops the land either commercially or residentially, then “Subleases” the individual units (homes, apartments, townhomes) to buyers (Sublessees)
Those buyers may then go to their bank or credit union to borrow money to finance their purchase by way of mortgage of Sublease.

How secure are the leases?

The WFN has been self-governed since 2005 and it has a stable and secure government. Originally, the agreement was for long-term, 99-year prepaid leases but that is now being extended to a 125-year lease.

The leases are non-cancellable and you can’t get kicked out for failure to pay rent or rent reviews, either.

How do the property taxes work?

The WFN is the taxation authority, but they use the same assessment methodology as freehold land. The taxes are reasonably in line with the neighboring municipalities and homeowner grants are allowed in much the same way as freehold land.

One thing you’ll be happy to hear–you’re exempt from BC’s provincial carbon tax credit!

What are the benefits of leasehold over freehold land?

One of the most popular benefits of leasehold land is how much more affordable it is compared to freehold land. You’ll also save a lot of money on taxes with a leasehold as there’s no property transfer tax (at least not yet), no speculation tax, and no foreign buyer’s tax.

Something else we can answer?
Send us an email at info@nuevista.ca