
What to Look for When Buying a New Build Condo in Kelowna: A Buyer's Checklist
A new home has no history to inspect, so the checking moves to the paperwork. Here is a checklist that runs from contract to possession.
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A presentation is part tour and part pitch. A short list keeps you on facts, and these are the ones worth bringing.
Condos for Sale in Kelowna2 min read
By the Serenity team. Published , checked .
Most useful for: First-time buyers, People moving from Alberta or the Lower Mainland.
A Kelowna presale presentation checklist starts before you leave the house. Most buyers walk into a first presentation with nothing but curiosity, and the ones who leave with real answers brought a short list of questions.
The room is designed to show you the best version of a building. A checklist keeps the conversation on the numbers and the paperwork instead of the renderings.
For your first Kelowna presale presentation, bring proof of mortgage pre-approval and a short list of must-haves. Then ask three things: whether the disclosure statement is filed, where your deposit would be held and what the estimated completion date is. If the team cannot answer clearly, ask for the answers in writing.
Each number is read from the sources listed at the end of this guide on October 16, 2026.
Talk to a lender about presale financing so you know your real budget before a floor plan tells you what to want. Write down your must-haves too: bedroom count, budget ceiling and the Kelowna neighbourhoods you would actually live in. It is easy to talk yourself out of a must-have in a beautiful sales gallery.
Context helps you ask better questions. In September 2026 the Central Okanagan board reported 83 apartment sales and 774 apartments listed at month end, so a buyer has plenty to compare. Those are resale and assignment figures from the MLS, not new-build prices.
BCFSA's consumer guide frames the questions that matter. Put them in plain words and write down the answers.
A sales team can answer questions in conversation, but only the written documents hold the developer to a promise. Use the table to note where the written version of each answer sits.
| Question | Where to find the written answer |
|---|---|
| When will it be finished? | Estimated completion date, section 5.1 of the disclosure statement. |
| Where do I park, and is it included? | Parking rights and availability, section 3.6 of the disclosure statement. |
| What will the strata fee be? | Estimated strata fees, section 3.8 of the disclosure statement. BCFSA warns that fees can come in higher than the estimate. |
| Who holds my deposit? | The purchase contract. Presale deposits are held in trust by a brokerage, lawyer or notary. |
| Can I change my mind? | The seven-day cancellation period, counted from the later of signing and acknowledging the disclosure statement. |
Bring your pre-approval letter, or at least your lender's contact details, and a notepad or your phone. Write down any square footage and pricing you are told out loud, so it does not blur together afterward. Bring your own list of must-haves too, so a good pitch does not talk you out of them.
Tick items as you prepare and as you ask.
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Your ticks stay in this browser and are not sent anywhere. General information, not legal or financial advice.
Serenity's disclosure statement has not been published. PashCon Developments, Lime Architecture and Hatch Interior Design are named, and PashCon's two completed projects in Penticton are public, so you can look them up before you book anything. Registering on this site is free and does not commit you to buy.
It is not required, but it tells you what you can afford before you look at plans. Mortgage financing for a presale is usually arranged closer to completion, so treat a pre-approval as a budget guide and revisit it as completion approaches.
No. Attending a presentation or registering your interest does not start the seven-day cancellation period or commit you to anything. That period starts only when you sign a purchase agreement.
Ask who holds it, in which trust account and what the schedule is. A developer must place presale deposits with a brokerage, lawyer or notary in BC, and deposits generally cannot be used to build or market the project.
General information read from these sources on the date above, not legal, tax or financial advice.
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