Coldstream

Coldstream sits in the North Okanagan Valley where the climate has literally been getting better for decades. The community has warmed by half a hardiness zone since the 1960s, extending growing seasons and making this already appealing area even more attractive to those seeking year-round outdoor living.

The numbers tell a compelling story for mortgage professionals. With 82.8% of homes being single-detached houses and a median household income of $110,000, Coldstream attracts buyers who want space and can afford it. The population has grown nearly 5% since 2016, driven largely by retirees and lifestyle buyers drawn to Kal Beach access and proximity to Silver Star Resort’s year-round recreation.

What sets Coldstream apart from other Okanagan communities is its position as Vernon’s quieter neighbor without sacrificing convenience. Residents get small-town living with big-city access, creating a housing market that appeals to both downsizing professionals and active retirees. The median age of 48.4 years reflects this demographic sweet spot.

The local economy runs on healthcare, retail, and construction—sectors that provide stability rather than boom-bust cycles. While unemployment sits at 7.8%, the diverse economic base and proximity to Vernon’s larger job market provide multiple income sources for residents.

For mortgage brokers, Coldstream represents solid fundamentals wrapped in lifestyle appeal. Properties here benefit from recreational proximity, climate advantages, and a community that’s grown consistently without overheating. The combination of outdoor recreation access, demographic stability, and steady growth creates conditions where properties move when they need to.

Tekamar offers our full range of mortgage products in Coldstream with a maximum LTV of 65%, reflecting the community’s strong resale potential and our confidence in the local market dynamics.