Destinations by LeadingRE Spotlight: Selkirks at Mackenzie Village

The Selkirks at Mackenzie Village is a unique collection of townhomes, penthouses, and condominiums in the outdoor recreation haven of Revelstoke BC. The Selkirks is the fourth phase of this master-planned community. Revelstoke is famous for

All homes will feature steel and concrete construction, air conditioning, high-end appliances, engineered hardwood flooring, spa-inspired bathrooms, and floor-to-ceiling windows. The rooftop amenity space includes hot tubs, outdoor dining areas, and BBQ's, making it the perfect spot to relax after a long day exploring the outdoors.  Our townhome collection features upgraded appliances and private outdoor hot tubs, and our penthouse homes boast 9’ ceilings and upgraded appliances as well.

The commercial hub will have over 15 retailers, including restaurants, grocery, bike and ski repair and rental, and daycare. Skiers, golfers and mountain bikers will love the location –just a 2-minute drive to the world-class Revelstoke Mountain Resort, and across the street from the Cabot Pacific golf course, set to open in 2025.

Unique Zoning Allows for Strong Investment Returns

The unique zoning allows for unlimited short-term nightly rentals, yielding fantastic investment returns for those looking to use their homes for Airbnb, VRBO or other similar platforms. Winter occupancy of the current phases in Mackenzie Village is near 100%. Revelstoke Mountain Resort has added significant summer operations including a downhill mountain bike park, hiking, and a gravity roller coaster ride, which has resulted in a significant increase in visitors from May through September. Currently there is only one hotel at the resort, making The Selkirks at Mackenzie Village the next closest option.

Revelstoke, BC is exempt from both the Federal Foreign Buyer Ban and the provincial 20% Foreign Buyer Tax. This positions The Selkirks at Mackenzie Village as a rare opportunity for non-Canadians to purchase residential real estate in British Columbia. 

Opportunities through BC PNP Entrepreneur Program

We’ve received the opinions of several immigration lawyers who feel these properties could play a role for those looking to immigrate to British Columbia by way of the BC PNP Entrepreneur Program. Program applicants could purchase multiple homes and create a Vacation Rental Company to operate them. More detail on this program can be found at https://www.welcomebc.ca/Immigrate-to-B-C. Once they have received their immigration status, they are able to purchase property unimpeded across Canada. Buyers are advised to seek independent legal advice regarding this.

Completion is set for 2025; the required deposit is only 15%.  The development is already over 50% sold; however, some great floor plans remain available.

To learn more about Selkirks at Mackenzie Village, visit https://www.destinationsbyleadingre.com/developer/mackenzie-village