A nine-unit housing development will make more room for people wishing to live downtown.
The project, to be constructed on Kelly Avenue across from Summerland Middle School, will provide densification in Summerland’s downtown area.
“It’s all about downtown density,” said Fred Trainor, developer behind the project. “We want to build really attractive, really functional houses.”
The nine homes, to be constructed on four downtown lots, will each have a rentable basement suite.
At present, the development proposal has gone through three readings at Summerland’s municipal council and will be adopted on Nov. 27.
Trainor said the secondary suite alone will contribute more than $200,000 over the life of the mortgage on the property.
“I think this is a project whose time has come,” he said. “I’ve never been as excited about a project as I am about Kelly Avenue.”
However, while the nine homes will provide smaller rental units which can be rented at reasonable rates, the houses themselves are not cheap.
The price, including tax, is expected to surpass $400,000.
Trainor expects the homes to sell before they are built.
This is Trainor’s eighth development project in the South Okanagan, and his first in Summerland.
Steve Thompson and Blake Crocker of Thompson Crocker Real Estate in Penticton are handling the sale of the homes.