Real Estate
Looking for an apartment in Penticton? Don’t be picky
PENTICTON — Finding a rental apartment may cost you, depending on what you’re willing to settle for. Rental costs are increasing in Penticton, but availability rates are on the decline, according to the spring Rental Market Survey released by the Canada Mortgage and Housing Corporation. The overall availability rates in Penticton have dropped in the...
A new chapter begins in the storied life of the Hotel El
KELOWNA – After more than a year of aggressive interest and offers from Kelowna real estate development company Argus Properties, Hotel Eldorado owner Jim Nixon decided the time was finally right to sell after 25 years. “They wanted what I wanted,” Nixon says on Argus’ plans for the hotel, marina and restaurant. “It’s a local...
Hotel Eldorado sold
KELOWNA – The iconic Hotel Eldorado has been sold but previous owner Jim Nixon says nothing is going to change. Nixon made the announcement and informed staff Tuesday, saying it was a hard decision. The hotel, restaurant and marina has been under the same ownership for 25 years, and Nixon says he was not planning on selling...