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Victoria & Vancouver Island Real Estate Blog

Victoria & Vancouver Island Real Estate Blog

Affordable Opportunity to Own a 2-3 Bed Home

Large 2 or 3 Bed 14 Ft. Manufactured home in a private quiet setting minutes from Sooke Town Centre!

Well-cared for family-friendly park allows good parking and so close to all amenities plus recreation and on a bus route.

The bright large vaulted living room with newer flooring except for an additional flex room which is perfect for 3rd bedroom or family room area.

Spacious Dining close to a good working kitchen for family gatherings.

Newer upgrades include a bathroom with tiled shower for wheelchair access in 2021, a roof 2019, Hot water tank 2021, new lighting, 36-inch doors for wheelchair access, some windows and drywalled hall, and some new skirting with material for 2 sides

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Exceptionally Well-Located Property

STOP PAYING RENT and let your business pay your own mortgage with this rare opportunity.

This exceptionally well-located property is perfect for investment or personal use.

The existing General Commercial (C-2) zoning presents a long list of opportunities to the end user plus great future development prospects.

Just shy of 1,000 SqFt main floor (+ approximately 1,000 SqFt of crawl space for storage), this corner unit has high foot and street traffic with tons of exposure.

Centrally located, your business could be just minutes away from downtown, Uptown Mall and major highways.

There are 5 dedicated surface parking stalls, and the roof was redone less than 10 years ago.

Your business could be

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Build your Dream Waterfront Home!

marinacres103cs

At the very end of the Saanich Peninsula, you will find Land's End Road - One of the most exclusive locations on Vancouver Island and some of the most elegant homes and estates in the country fit for royalty.

The location is close to the BC Ferry terminal, Victoria International Airport, Horth Hill Park as well as other parks and trails.

This is a rare opportunity to build your dream home on this 28,000-square-foot lot overlooking Satellite Channel and Mount Tuan Ecological Reserve on Salt Spring Island.

The View spans from Cowichan Bay to the ferry traffic coming in and out of Shwartz Bay, Sampson Narrows and Pender Island enjoy the views off your deck from this mid-bank property watching all of the

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May30-1  

Canadian Employment (October 2022) - November 4, 2022

Canadian employment rose by 108,000 (0.6 per cent) to 19.656 million in October. The Canadian unemployment rate remained steady from last month at 5.2 per cent, hovering just above all-time lows. Average hourly wages were up 5.6 per cent from this time last year. Wage gains remain below the inflation rate, however, which hit 6.9 per cent year-over-year in the most-recent data. Total hours worked were up 2.2 per cent year-over-year. 

Employment in BC rose by 0.4 per cent to 2.762 million in October, while Metro Vancouver's employment rose by 0.3 per cent month over month. BC's unemployment rate fell in October to 4.2 per cent, just shy of the all-time low, while Metro Vancouver's rate

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Victoria Real Estate Overview - The Victoria Real Estate market was slow in September. Really slow. October is typically the top of the fall market and September usually gets that ball rolling after a slow summer. It appears that with all the nice weather no one got the memo that it’s supposed to be a fall market. On the other hand, appropriately priced and marketed homes are still selling and even going in multiple offers. While inventory has certainly had an opportunity to build with the slow sales, it doesn’t seem we are at a point with rising interest rates that sellers need to sell. Inventory is still under historical averages which keep us from technically being in a buyers market, although inventory is a far cry from its recent lows.

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May30-1  

Canadian Inflation (September 2022) - October 19, 2022

Canadian prices, as measured by the Consumer Price Index (CPI), rose 6.9 per cent on a year-over-year basis in September, down from 7 per cent last month. This was the third consecutive month of decelerating price growth driven primarily by declining gasoline prices. Excluding energy, the CPI rose 6.3 per cent year over year in September, up from 6.1 per cent in August. Despite slower overall CPI growth, many subcomponents were still quickly appreciating, with prices for food purchased from stores (+11.4 per cent) growing at the fastest pace year-over-year since August 1981. Month-over-month, on a seasonally-adjusted basis, prices were up 0.4 per cent in September. In BC, consumer

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Freshly Renovated Bright and Clean Affordable Living

marinacres103cs

This charming 2 bedroom 1 bath has been upgraded with all the finest touches.

With the gorgeous kitchen to your right with all new countertops, flooring, windows, paint, and all new appliances it will feel like coming home.

In the kitchen dining and desktop at the bay window, a large movable island with loads of extra storage, and the gigantic pantry.

The open concept and separate bedrooms, you will have no trouble putting the little one down for the night.

The extra-large driveway is the perfect place for your boat or camper.

With the new furnace, and oil tank you will have nothing to do but move in and relax.

   
   

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Updated 3 Bed Ground Floor Corner Unit

marinacres103cs

You are going to love this fully updated ground-floor unit!

It has sunny, bright spacious living areas with glimpses of and just steps to the Gorge waterway, with a private kayak/SUP launch.

The 3 bedrooms (or 2 bed plus a den if preferred), has two sliding doors to access the beautiful and private SW-facing wraparound patio.

The unit also includes In-suite laundry and a wood-burning fireplace all in a corner unit on the quiet side closest to the Gorge waterway.

Great building, good solid management, well-cared for complex with numerous features including tennis courts, an amazing indoor pool with Jacuzzi, a recreation room for parties, great access to Gorge parkway, steps to all amenities,

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May30-1  

Canadian Employment (September 2022) - October 7, 2022

Canadian employment rose by 21,000 (0.1 per cent) to 19.547 million in September, after falling for the prior three months. The Canadian unemployment rate fell by 0.2 to 5.2 per cent, hovering just above all-time lows, as fewer Canadians looked for work in September. Average hourly wages were up 5.2 per cent from this time last year. Wage gains remain below the inflation rate, however, which hit 7 per cent year-over-year in the most-recent data. Total hours worked were up 2.4 per cent year-over-year.

Employment in BC jumped by 1.2 per cent to 2.752 million in September, while Metro Vancouver's employment rose by 0.5 per cent month over month. BC's unemployment rate fell sharply in

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Stunning One-of-a-Kind Custom-Built Home in Silver Spray East Sooke

Welcome to 7405 Thornton Heights, a stunning one-of-a-kind custom-built home in Silver Spray East Sooke with breathtaking views spanning over the Sooke Basin beyond. 

Nestled in the trees with multimillion-dollar homes surrounding you but not a single one in sight with the fresh smell of the ocean and chirping birds surrounding. 

Your backyard is a 250-acre park with trails throughout and private strata access. 

The construction is extremely high-end with ICF concrete construction for the foundation and walls, glulam beams, fibreglass, and wood encased windows, and solid wood doors. 

Perched out above the road this architectural beauty is situated to maximize views

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