Lake Country

Lake Country sits between Vernon and Kelowna like the quiet achiever in the Okanagan family—close enough to both cities for convenience, far enough away to avoid the traffic headaches. With 22% population growth since 2016, this lakeside community proves that sometimes the best real estate stories happen where people actually want to wake up every morning.

The numbers tell a compelling lending story: median household income hits $98,000, and nearly two-thirds of residents hold post-secondary education. Construction leads employment at 14.5%, followed by healthcare and retail—a diversified base that doesn’t rely on a single industry’s fortunes. When your borrowers work in stable sectors and live somewhere people genuinely want to be, recovery scenarios become much more predictable.

Lake Country’s secret weapon isn’t just the obvious lake access and wine country proximity. The community has mastered the art of being desirable without being pretentious. Residents get Okanagan Valley lifestyle benefits—swimming, boating, hiking trails that actually lead somewhere interesting—without paying Kelowna’s premium prices or dealing with tourist crowds year-round.

The housing mix leans heavily toward single-detached homes at 65.6%, with a healthy 14% duplex component that creates opportunities for house-hacking strategies your clients might appreciate. At 65% maximum LTV, we’re recognizing both the area’s strong fundamentals and its position as a secondary market where liquidity matters.

Climate change has been unusually kind here—the growing zone improved significantly over recent decades, making this one of those rare places where environmental trends work in property owners’ favor. Whether your borrower needs bridge financing for a lake property upgrade or equity access for debt consolidation, Lake Country delivers the kind of stable, desirable market that makes both brokers and borrowers sleep better at night.