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Victoria & Vancouver Island Real Estate Blog

Victoria & Vancouver Island Real Estate Blog

Beautiful Family Home and Community

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Nestled in a wonderful family-orientated community this pristine 3bd, 3bth, 2013 Built, Modern Arts & Craft Home is sure to impress!

The main level offers an open concept design, great for entertaining, a living room with cozy gas FP, a dining area, and a 2pc bath.

The spacious kitchen with granite counters & tile mosaic backsplash, solid wood cabinets with soft close drawers/doors, opens to the sunny West facing fully landscaped and fenced back yard is perfect for kids/pets and entertaining.

The fantastic patio area is made private by a grapevine lattice wall and includes raised garden beds, pear and plum trees, and a very convenient single-car garage.

The upper level offers a 4pc bath, laundry

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Heron View 3 bed 3 bath executive townhome 1 year young in Sooke

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Entering this bright executive townhome is a delight!

Open Great room plan lives like a rancher and is perfect for entertaining family and friends.

Manufactured marble counters and working/eating Island with power, under cabinet lighting, large pot drawers, upgraded appliances including gas stovetop and grill cooking and Bosh dishwasher, garburator, and double deep sinks.

Vaulted great room with gas fireplace, DC ceiling fan, and access to the deck.

Dining area with a niche for a special piece of furniture.

Principal bedroom with large walk-in shower on the main! Engineered hardwood floors are timeless!

Upper floor offers 2 more bedrooms and an office or 4th

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Amazing Shop, Home, and Suite!

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Welcome to 7200 Seamount Close, a highly desirable and quiet location, close to schools, parks, buses, ferry terminals, the airport, and the city of Victoria.

With an array of recent additions and upgrades, this corner lot property has so much to offer!  

A thoroughly maintained home with a newly updated kitchen, beautiful solid hardwood flooring, a high-quality metal roof, a spacious sundeck, and a secondary suite to help with your mortgage.

 

   
   
   
   
   

Find Out More About 7200 Seamount Close

Talk to our team to learn more about this Amazing Shop, Home, and Suite!

Request a Tour

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May30-1  

Canadian Inflation (April 2022) - May 18, 2022

Canadian prices, as measured by the Consumer Price Index (CPI), rose 6.8 per cent on a year-over-year basis in April, up from 6.7 per cent last month. This was the largest gain since January 1991 (+6.9 per cent). According to Statistics Canada, price rises were broad-based, with groceries up 9.7 per cent year over year, gasoline up 36.3 per cent, and shelter costs up 7.4 per cent. Excluding gasoline, the CPI rose 5.8 per cent year over year in April. On a monthly basis, prices were up 0.6 per cent, moderating from a 1.4 per cent increase in March. In BC, consumer prices rose 6.7 per cent year-over-year. 

With inflation stubbornly high through the first part of 2022 and unemployment in

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May30-1  

Canadian Housing Starts (April 2022) - May 16, 2022

Canadian housing starts rose by 18.9k (7.6 per cent) to 267.3k units in April at a seasonally-adjusted annual rate (SAAR). Comparing year-over-year, starts were down from April of 2021 (-3.1 per cent y/y). Single-detached housing starts declined 1.5 per cent to 83.2k, while multi-family and others rose 12.3 per cent to 184.1k (SAAR). 

In British Columbia, starts jumped 59.3 per cent in April, rising to 52.1k units SAAR in all areas of the province. In areas in the province with 10,000 or more residents, single-detached starts rose 13.6 per cent m/m to 9.4k units while multi-family starts jumped 93 per cent to 39.9k units. Starts in the province were 32.5 per cent above the levels from

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Attention Builders/Developers

marinacres103cs   Attention Builders/Developers   Opportunity to build 22 new townhomes in quiet upscale Nanaimo residential neighbourhood a short walk to VIU.   Development Permit approved and building permit underway!    Each unit with two bedrooms, den and garage will be approximately 1300 square feet.   Targeting the most active part of the market, excellent value with opportunity for quick turnaround with high ROI!

Click to see the full attachment (PDF)  
   
   
   
   
   

Find Out More About 497 Menzies Ridge Drive

Talk to our team to learn more about this potential home in Nanaimo.

Request a Tour

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bcrea stats release

BC Home Sales Trending Toward Normal Activity

stat release may 13 2020  

Vancouver, BC – May 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 8,939 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2022, a decrease of 34.9 per cent from a record April 2021. The average MLS® residential price in BC was $1.065 million, a 12.9 per cent increase from $943,765 recorded in April 2021. Total sales dollar volume was $9.5 billion, a 26.5 per cent decline from the same time last year.

“Canadian mortgages have sharply increased, surpassing 4 per cent for the first time in a decade,” said BCREA Chief Economist Brendon Ogmundson. “With interest rates rising, demand across BC is now on a path to

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Our Top 3 Winners:

   
 

Runner-Ups:

   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
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Vancouver Island Real Estate saw an increasing gap between new listings and units sold with new listings coming out on top in the month of April 2022. This dynamic eased pressure further and allowed a little bit of much-needed inventory to build. That said, the easing of pressure does not mean it isn’t still a hot market and the inventory situation is still keeping sellers in a strong position.

Digging into the Numbers, there was a total of 1,551 sales on Vancouver Island in April with 727 of them taking place in the Vancouver Island Real Estate Board Area (the rest in the Victoria board area). Of those 727 sales, 507 were single-family homes, 114 were condos and 96 were townhomes. Here is how those numbers look as percentage changes from the previous

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Cedar Hill Family Home w/ Mortgage Helper!

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Cedar Hill 3 bed 2 bath Family Home w/ studio suite (full kitchen) perfect for a mortgage helper or in-laws, located just steps from the beautiful Cedar Hill Golf Course, walking trail, 10 mins to DT, 6 mins to UofVic, and all amenities of Shelbourne Plaza, Hillside and University Heights Malls.

With natural gas to the home, you have a newer High Efficient Gas furnace and 2 gas fireplaces keeping your heating costs down and would be easy to install A/C.

Currently, the main part of the home has a lower entrance with 1 bedroom and shared laundry on the lower level which could be converted into an actual 1 Bedroom suite W/a separate entrance.

Upstairs you will find a large open living room,

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