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May 2020

Found 17 blog entries for May 2020.

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Need space for home business, hobbies, entertaining, extended family, and more?

Look no farther, the needle in the haystack has arrived in this meticulously maintained, updated, and upgraded top to bottom Saanich home.

The opportunities are endless: fully furnished Airbnb, home-based business, two-bedroom suite, main with deluxe master suite, separate dressing room, office and gym or guest room, with much versatility as they can be separated into a number of different spaces offering complete flexibility. 

Whether you’re a business owner, car enthusiast, active empty nester, or a multigenerational family this home will check your boxes!

The main home features hardwood floors, quartz countertops, coved ceilings, stainless appliances,

463 Views, 0 Comments

Ocean Views on Lochside Drive

1275 Walnut Street Welcome to 5150 Lochside Drive, the perfect family home on arguably the best street in Cordova Bay as the connecter for the Lochside and Galloping Goose trails that take you on a paved path to both Sydney and downtown Victoria.    As you enter the large drive the home sits perched above taking in views of the ocean beyond.    The current owners have completely transformed the home with a breathtaking spacious kitchen as the hub of the house; completely redone in 2016 with custom built-ins and a massive island.   A chef's kitchen with new appliances, quartz countertops, dual kitchen sinks, and wood drawers and a large eat-in dining area.    Connected to the kitchen as a separate space but…
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Fashion forward in Fernwood

1275 Walnut Street

Modern and charming, this timeless beauty created by Abstract Developments offers both space and an urban city feel in a blend that is sure to captivate you.

Introducing 1275 Walnut Street, a half-duplex only steps to Fernwood village, an eclectic community full of colour and home to many of Victoria’s artists.

Steps to Belfry theatre and the quaint community with local high-end grocers, boutique restaurants, and family-run coffee shops.

As you enter the home, you are greeted with high-end simplicity in an elegant fashion; a bright spacious main level that leads you past your office, through your open concept kitchen, and into your family-sized dining area.

Keep going it gets better, there’s a cozy

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bcrea nowcast

May30-2

The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for March 2020 is -3.1 percent, down from 1.4 percent annual growth in February. We have also included a flash estimate for April 2020 of -10.0 percent reflecting the impact of the COVID-19 pandemic. That estimate will change as the full April dataset becomes available.

 

Download the full report (PDF) 

For more information, please contact:

Brendon Ogmundson
Chief Economist
604.742.2796
bogmundson@bcrea.bc.ca 
 

BCREA is the professional association for more than 23,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides

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bcrea header

May30-1  

Canadian Real GDP Q1 2020 - May 29, 2020

The Canadian economy contracted 8.2 percent at a quarterly annualized rate in the first quarter, including a 7.2 percent decline in March following the paralysis of economic activity brought on by the COVID-19 pandemic. Household spending fell 2.3 percent, the steepest drop ever recorded, while exports were down 3 percent and government spending fell 1 percent due to school closures and government curtailments.  Total housing investment was down 0.1 percent, with both renovation spending and ownership transfer costs falling. New home construction, however, rose 1.6 percent.

As dramatic as the first quarter decline appears, it will almost certainly be overshadowed by the potential for a  30 percent or

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Beautifully Updated Family Home with Mortgage Helper

marinacres103cs

The updates are nearly endless on this beautiful family home situated in a quiet cul de sac just steps from the Gorge Park and inlet, boasting a mortgage helper 2 bedroom suite (vacant, choose your own tenants) with separate outdoor space.

Upstairs you will find 3 nicely appointed bedrooms and a 5 piece bathroom, large bright living space, and kitchen (not updated) W/ access to a massive, sunny, South West facing patio and back yard.

Perfect for entertaining, BBQing, and enjoying an evening cocktail.

Downstairs you will find the self-contained suite, 4 piece bath, and living space open to a full kitchen.

Upgrades include but are not limited to the heat pump, double pained vinyl

598 Views, 0 Comments

Parkside Place Condo

CS-Burnside Road West

Centrally located Parkside place is a family-friendly complex that includes an outdoor pool, playground, and green space. 

Right across the street from Tillicum mall offering shopping, movie theatres, restaurants and more this is a prime location.

Top floor, corner spacious unit with an updated kitchen featuring stainless steel appliances and solid maple cabinets. 

Desirable floorplan with the two bedrooms situated so that no walls are shared with the neighbours.

No stackable small laundry here, you have a real laundry room, in-suite storage, and a private deck. Strata fee includes your heat and hot water. 

On major bus routes for a quick commute to downtown, Camosun and UVIC, and only steps to the

511 Views, 0 Comments

Bright and Sunny Ground Floor Garden Suite

CS-south-turner

Welcome to the Magnolia House, Situated on a quiet and beautiful tree-lined street one block from Dallas Rd and Holland Point Park, Harrison Yacht Pond, and of course the Seaside.

Get your creative juices flowing with this beautiful South facing James Bay ground floor garden suite in need of updating but priced accordingly.

This quiet and beautifully landscaped property with well-managed Strata and only 13 suites has recently replaced windows and patio doors as well as exterior brick masonry.

You'll love the layout of this large corner unit with bedrooms on opposite sides providing plenty of privacy, in-suite storage room, laundry, two full bathrooms, large south facing patio with a

666 Views, 0 Comments

Executive Rancher in Desirable Dean Park with Private and Pastoral Views

marinacres103cs

Executive Rancher in desirable Dean Park.     

This stunning home has been very well maintained and boasts southern exposure with multi-level decks overlooking a private beautifully landscaped yard on a large .35 of an acre lot with distant views of the Olympic Mountains and backs onto Agricultural Reserve Land.   

The home is on one level and with a gorgeous kitchen renovation features custom maple cabinetry, stone countertops, built-in appliances and is open to the dining area and great room which is a bonus for entertaining.   

This home features:

  • exotic Brazilian Cherry Wood floors
  • fireplace in the great room
  • skylights for added natural light
474 Views, 0 Comments

Premium Executive Luxury Home on Private Acreage

Jagtars way 5100 Jagtars way 5100 Jagtars way 5100  

Enjoy Premium Luxury Living on Peaceful, Private Acreage with pastoral outlook in this newly custom constructed one level living residence. 

The spacious and open plan great room is home to an amazing kitchen, large island, dining, and living room. It's massive windows, sliders, and 13-foot high ceiling capture abundant natural light and the peaceful view and open to the covered over 800 square foot patio/outdoor living space too. 

Lengthy list of premium quality features including engineered in-floor radiant heating, Kitchen-aid and Wolf appliances and quartz counters. 

The epic master suite is decadent with spa-inspired ensuite including his and hers sinks and a massive

604 Views, 0 Comments