Kaslo

Kaslo sits on the shores of Kootenay Lake like a postcard that refuses to fade. This town of just over 1,000 people has mastered the art of aging gracefully—with a median age of 58 and over a third of residents being seniors, it’s become a magnet for those who’ve figured out what really matters.

The numbers tell a story that mortgage brokers should understand: 85% of homes are single-detached houses, meaning your clients aren’t competing with condo developments or urban sprawl. They’re buying into a lifestyle where the biggest traffic jam involves waiting for a family of deer to cross the street.

Tekamar offers our complete suite of mortgage products in Kaslo with a maximum 55% LTV. That conservative approach makes sense when you consider this is a town where the economy runs on tourism, forestry, and the kind of government stability that keeps retirees comfortable. The unemployment rate sits at 9.7%, but that’s misleading—many residents here have chosen lifestyle over career ladder climbing.

What makes Kaslo different isn’t just the lake access or mountain views that every BC town claims. It’s the Victorian architecture that survived because nobody had money to tear it down and rebuild. It’s being home to one of the oldest continuously operating hotels in BC. It’s having a music festival that draws visitors from across the continent, not because of marketing budgets, but because word spreads when something’s genuinely good.

The housing market reflects this authenticity. With 583 total dwellings and steady 8.4% population growth, properties here appeal to buyers seeking substance over speculation. Your clients aren’t just purchasing real estate—they’re buying into a community where the general store still matters and the local newspaper actually gets read.

For brokers working with clients who’ve discovered that happiness doesn’t require a commute, Kaslo represents the kind of market where equity loans and debt consolidation make perfect sense. People move here to simplify, not to get rich quick.