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May 2021

Found 18 blog entries for May 2021.

Prime Location, Private Quiet Bright Updated Condo!

marinacres103cs

Prime location close to Uptown, Tillicum, and Mayfair Malls!

A quiet well run clean small strata that includes gas for the fireplace in strata fee.

Lovely upgrades include kitchen cabinetry, counters, and flooring.

The open concept unfolds to a nice mountain view and perfect entertaining space.

Access to the spacious private balcony from the large living room with architectural detail window surround the new fireplace and ceiling detail.

The Principal bedroom with large closets also has the same private view.

The den currently being used as a 2nd bedroom is perfect for company.

Great storage, pets, and children welcome and some rentals.

Carefree living on bus route

511 Views, 0 Comments

Private Forested Stonecliff View Royal Townhome

marinacres103cs

Private hillside forest with the Best floorplan in Executive Stonecliff townhomes!

Backing onto CRD park, walk to Thetis Lake and Galloping Goose trail, close to all amenities and only 15 minutes to downtown.

Large entry with storage room houses Geo Thermal Heating and air conditioning, access to spacious crawl space, and heated double garage.

Main floor open great room design with Napoleon gas fireplace and large windows, sliders to balcony from dining area capture dramatic sunsets and sunrises.

Upgraded white cabinetry throughout with granite countertops, stainless appliances, walk-in pantry, eating peninsula, and ample maple flooring.

Sunny flex area is adjacent to the kitchen

227 Views, 0 Comments

Perched high up above Westhills in Langford

marinacres103cs

Welcome to 1335 Ravensview Drive perched high up above Westhills in Ravenswood Estates with magnificent views of the surrounding mountains and trees. 

The landscaping is gorgeous and very private with a flat usable yard, a large driveway with a stream, pond, and even a palm tree. 

This four-bedroom, three-bathroom home with an inlaw suite sits on over an acre of natural land full of meandering trails and nature and is only minutes to Westshore centre. 

The main floor boasts a large kitchen with wine racks, custom lighting, stainless appliances, a breakfast bar, loads of cabinetry, and countertop space.

There is also a dining area with french doors leading to a large private patio and

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Massive Development Potential

marinacres103cs

Attention investors, this flat and beautifully forested 8.41-acre property is just a short walk from Sooke's beautiful Whiffin Spit and Quimper Park and spans from Whiffin Spit Road through to Francis Rd.

The current Zoning is Sooke RU-4 which would allow for 3 parcels at a minimum lot size of 1 hectare each.

The two road frontages allow for a range of possibilities and for very appealing acreages.

There is also the potential for re-zoning to RU-5 which would allow for a higher density of 2500 m2 parcels, or go the Strata route for even higher density, The Artisan Village concept is planning for 18 units, more info is available upon request.

Currently, there is a newly renovated double-wide mobile

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ATTENTION: First-Time Home Buyers

marinacres103cs

It's hard to believe but owning your own home in today's market is possible at Millstone Manor in Old City, Nanaimo!

This bright top-floor condo is nestled against the banks of the Millstone River. 

With an open floor plan with new luxury vinyl plank flooring, tasteful color tones throughout, updated 4-piece bathroom, this spacious 2 bedroom condo is waiting for you to call it home with your own personal touch. 

Open your sliding glass windows out to your balcony from your Master Bedroom and listen to the river run.

Steps away from Nanaimo's well-known signature park "Maffeo Sutton Park" which overlooks our world-famous harbour and features a beautiful waterfront walkway. 

Millstone Manor

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bcrea header

May30-1  

Canadian Retail Sales (March 2021) - May 21, 2021

Canadian retail sales increased 3.6% m/m on a seasonally adjusted basis in March. Sales were higher in 10 of 11 sub-sectors, led by higher sales at garden equipment and building stores.  Excluding more volatile sectors like motor vehicles and gasoline sales, retail sales were up 4.7% in February.  Statistics Canada also released a preliminary estimate for April showing retail sales declined 5.1% as enhanced "circuit-breaker" measures were implemented in many provinces to stem the third wave of COVID-19.

In BC, seasonally-adjusted retail sales were down 1.1% m/m as COVID-19 cases surged through the month of March. Retail sales fell 2% m/m in Metro Vancouver. On a non-seasonally adjusted

208 Views, 0 Comments

bcrea header

May30-1  

Canadian Inflation (April 2021) - May 19, 2021

Canadian inflation, as measured by the Consumer Price Index (CPI), rose to a ten-year high of 3.4% year-over-year in April, up from 2.2% in March.  Much of the increase in inflation was the result of base-year effects as prices posted a steep decline during April of last year during the first few months of the pandemic-induced shutdown.  For example, gasoline prices were 62.5% higher in April 2021 than in April 2020.  On a seasonally adjusted month-over-month basis, the CPI was up 0.6% in April. In BC, consumer prices were up 0.2% month-over-month and up 3% compared to April 2020.

While inflation is currently running higher than the Bank of Canada's 2 percent target, much of the increase

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Private Forested Stonecliff View Royal Townhome

marinacres103cs

Private hillside forest with the Best floorplan in Stonecliff!

Backing onto CRD park enjoy endless hours of birdwatching and tranquil relaxing.

Large entry with storage room which houses Geo Thermal heating and air conditioning, access to spacious humidified and air conditioned crawl space, and double garage.

Main floor great room design with Napoleon gas fireplace, large windows, and sliders to balcony from dining room capture dramatic sunsets and sunrises.

Upgraded cream cabinetry throughout with granite countertops, stainless appliances, walk-in pantry, eating peninsula, and maple flooring throughout.

Sunny flex area is adjacent from the kitchen, powder room between the

675 Views, 0 Comments

Family Home with Massive Potential

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Gorgeous early 20th Century Victorian Colonial Family Home has a huge 0.34 Acre panhandle lot, set well back from Cedar Hill Rd, boasts massive future potential with possible subdivision and/or carriage house.

Situated on Cedar Hill with views of the Olympic mountains and a large park-like yard with mature landscaping provides beautiful outdoor living and entertaining space.

The current, and only second owners have poured a ton of love and taken great care in keeping the property in beautiful shape, managing to update the home while keeping the historic charm including original Fir Hardwood floors.

With 5 bedrooms and 4 bathrooms, there is plenty of space for a large family including a separate

617 Views, 0 Comments

bcrea stats release

BC Markets Calming but Sales Still on Record Pace

stat release may 13 2020  

Vancouver, BC – May 12, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 13,683 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2021, an increase of 312.3 percent over April 2020 when the onset of the COVID-19 pandemic prompted a lockdown of the provincial economy. The average MLS® residential price in BC was $946,606, a 29.1 percent increase from $733,330 recorded in April 2020. Total sales dollar volume was $12.9 billion, a 432.2 percent increase from last year.

“Although provincial home sales were down slightly from an all-time high in March, sales activity was the highest on record for April,” said BCREA Chief

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