Hello frianiz_hon,
Welcome to the forum. After tracking the receipt of your application (meaning when Mr. So and So received your dox) normally, PER comes in 3-4 months but lately it is very fast like between 35-60 days. You will receive this in your email. (PER - Positive eligibility review from CIO), then, your application will be sent to where your Visa office.
regarding your POF or settlement fund...... the 17,011CAD should be liquid or in cash for the 3 of you ready to bring to Canada. Your property total conversion is just a reserve fund. BUT, do not think negative about this because there are situations that the Visa Officer will ask an updated bank statement of which this time your total CASH is equivalent to or more than 17,000CAD.
We will also ask for the opinion of others. I might be wrong.
Capricorn