Sam Belete- Kelowna Realtor

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Sam Belete- Kelowna Realtor Seasoned Real Estate Professional based in Kelowna, BC, with 17 years experience.

B.C. Home Market Shows Signs of Gradual Recovery in AugustAugust brought another dip in B.C. home sales, with numbers do...
10/11/2026

B.C. Home Market Shows Signs of Gradual Recovery in August
August brought another dip in B.C. home sales, with numbers down 4.7% year-over-year to 5,653 and average prices just shy of $925,000. While we’re seeing movement toward recovery, activity still trails the province’s long-term averages. Notably, Okanagan sales dropped 22%, while South Peace River saw a strong gain of almost 35%. Working with clients from Penticton to Vernon, I keep a close eye on these shifts—especially as they affect those looking to buy or sell residential properties and investment opportunities. Understanding these trends helps my clients make informed decisions, whether it’s your family home or a strategic real estate investment.


https://www.roomvu.com/agent-news/sam-belete-1/2063581-B.C.-Home-Market-Shows-Signs-of-Gradual-Recovery-in-August

10/11/2026

Happy Thanksgiving

10/10/2026

WEST KELOWNA SPECIALTY FOOD STORE & RESTAURANT BUSINESS FOR SALE Finally, the opportunity you’ve been waiting for! A well-established specialty food retail store with a restaurant and take-out component is now available in West Kelowna. Located in a popular plaza surrounded by an established residential community, this business offers an excellent combination of location, longevity, loyal clientele, diversified revenue streams, and attractive operating costs. The business has been operated by the same owners for the past 8 years, same location for 16 years—a strong indication of customer loyalty and a proven business model. Key Highlights: Favourable rent Long-term lease secured through June 2031 Strong margins Established relationships with reliable suppliers Dine-in and take-out food service Specialty and bulk frozen food sales Lean operation with only two employees Low-labour business model 2025 annual sales of $580,000 2026 projected sales exceeding $630,000 What makes this opportunity particularly attractive is the diversification of its revenue streams. Customers can dine in, order take-out, or purchase specialty and bulk frozen food products—creating multiple sources of revenue from one established location. Contact your REALTOR® today for more information and to arrange a confidential viewing. Please sign the attached NDA in supplement for additional information and documents.

8-Step Home Selling Guide OverviewSelling your home is a journey that involves several important steps—starting with the...
10/10/2026

8-Step Home Selling Guide Overview
Selling your home is a journey that involves several important steps—starting with the decision to sell, followed by setting the right price, preparing and staging your space, marketing effectively, reviewing offers, negotiating, and finally managing the closing. Each stage calls for a mix of market knowledge, strategic planning, and skillful negotiation. Drawing from my experience working across Penticton to Vernon in residential, commercial, investment, and property development, I know how crucial each detail is, especially for BC homes and condos. A thoughtful approach at every step can make all the difference in your selling experience.


https://www.roomvu.com/agent-news/sam-belete-1/1553326-8-Step-Home-Selling-Guide-Overview

Gen Z buyers lead every generation on affordability trade-offsI’ve noticed an interesting trend among Gen Z buyers—they’...
10/09/2026

Gen Z buyers lead every generation on affordability trade-offs
I’ve noticed an interesting trend among Gen Z buyers—they’re leading the way when it comes to making affordability trade-offs in real estate. Gen Z is showing a remarkable willingness to adjust their spending habits and even opt for smaller homes in order to step into homeownership. Canadians, in particular, are the most open to downsizing, while British buyers tend to hold back when it comes to compromise. In my work across the Okanagan, from Penticton to Vernon, it’s clear that today’s buyers are redefining what homeownership looks like. Whether you’re considering a more compact space or weighing your financial options, understanding these shifts can make all the difference when navigating the BC residential market.


https://www.roomvu.com/agent-news/sam-belete-1/2092125-Gen-Z-buyers-lead-every-generation-on-affordability-trade-of

10/08/2026

Great value on this well maintained, centrally located specious Townhome close to Main Street, opposite Penticton Secondary School, walking distance to restaurants, parks, Public Library, Farmers Market, etc. Perfect for a First Time Home Buyers, investors, or a group of friends wanting to buy together (why rent when you can pay your own mortgage)? Lovely mountain views, numerous renovation in the unit and the complex itself. New Roof May 2023. Measurements to be verified if important. Taken from iGuide (attached) ALL IN ALL, AMAZING LOCATION AND AMAZING VALUE.

10/08/2026

Kelowna - Most Affordable Homes of September 2026
Exploring Kelowna’s most affordable homes for September 2026, I’ve gathered the top 15 listings, starting at $105,000. These opportunities span a range of price points—whether you’re considering your first home or looking to invest in the Okanagan market, there are some accessible options this month. From my experience working across residential and investment real estate throughout the region, I know how important it is to have a clear picture of what’s available. If you’re curious about the details behind any of these listings—like Listing 10401804 at $105,000 or Listing 10395124 at $149,900—let’s connect. Finding value in BC’s dynamic property market is all about knowing where to look.

10/07/2026

Finally, the Perfect Home! Welcome to this beautifully updated 5-bedroom corner home, complete with a 2-bedroom self-contained suite offering excellent mortgage-help or investment potential. The suite features its own oversized double garage, while the main residence also enjoys a separate double garage—providing an impressive total of four enclosed garage spaces. The Upstairs home contains 3 bedrooms plus a Den/ Office. There's also plenty of additional parking for your RV, boat, and other toys. Since purchasing the home in 2022, the current owners have invested over $150,000 in thoughtful upgrades, enhancing both the functionality and appeal of this exceptional property. Enjoy lovely lake views, spacious living, and the added benefit of a licensed Airbnb suite with a proven history of strong rental income. Perfectly situated within walking distance to Chute Lake Elementary School, this home is located in the highly sought-after Kettle Valley neighbourhood—one of Kelowna's most prestigious and desirable communities. Offering an outstanding combination of location, versatility, income potential, and quality updates, this is truly a home that checks all the boxes. Please refer to the PDS for a complete list of upgrades completed by the current owners. Measurements are approximate. If important, buyers should verify independently. No Lockbox. Personalized showing service by appointment only. WILLING TO TRADE WITH A SIMILAR HOME IN VANCOUVER.

10/06/2026

Step 1: Deciding to Sell Your Home
Thinking about selling your home? From my experience working throughout the Okanagan—from Penticton to Vernon—I've seen how small changes can make a significant difference in your home's value. Simple updates like a fresh coat of neutral paint, swapping out dated hardware, and updating lighting can really help your property stand out. Don’t underestimate the power of curb appeal, either—a tidy exterior makes a lasting first impression. I also recommend a pre-listing inspection so you can address any potential concerns before they become deal-breakers for buyers. If you're considering larger renovations, make sure they align with your neighbourhood’s market value to get the best return. Whether you’re selling a house or a condo, these steps set the stage for a successful sale.

10/06/2026

Canada's Affordability Improves as Fixed Rates Rise
While there are headlines about Canada’s affordability shifting as fixed rates rise, it's important to note that detailed figures for our local markets—like Penticton, Vernon, or anywhere in between—aren’t included in the latest reports. The data references only broad national numbers or select major metros, with no benchmarks for our area’s qualifying income, monthly payments, or housing supply. Without specific comparisons for current prices or sales activity at the town level, it’s impossible to gauge how affordability is truly trending here in the Okanagan. The discussion around the mortgage stress test also stays general, without clarifying what it means for buyers in our communities. So for now, the only clear takeaway is to be cautious with market conclusions until we have solid local data. This is why I always focus on real numbers from our region—because in real estate, local knowledge matters most.

Address

1-1890 Cooper Road, Kelowna-BC
Kelowna, BC
V1Y8B7

Telephone

+12503516029

Website

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