Nanaimo Real Estate Review May 19, 2011

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REAL ESTATE

NANAIMO

ROOFING

“A VANDERLEEK ROOF IS A NO LEAK ROOF”

VANDERLEEK

2 5 0

REVIEW

Your Twice Per Month Guide to Real Estate in Nanaimo, Nanoose, Ladysmith and the Surrounding Areas

ONLINE: BCLOCALHOMES.COM ADVERTISING INFORMATION: CALL LESLEY LIVINGSTONE-GRAY AT 250-734-4614 THURSDAY, MAY19, 2011

FEATURE PROPERTY

THYM ME PLA ACE

OPEN HOUSE Sat. & Sun. 1-4 pm

North Nanaimo o Living ...in a quality development starting from $249,900 (+ taxes)! Located close to both levels of schools, shopping and recreation. These 2 bdrm + den, 2 bath units range from 1214 to 1387 sq. ft. Features include 9 ft ceilings, extensive sound proofing between upper and lower units, kitchen appliances included and quality craftsmanship. Come and see what all the buzz is about! ... or go to www.ThompsonGodfrey.com p y and view more. Contact Mark Koch at ReMax of Nanaimo at 250-751-1223. See page 27.

1st Month FREE & Use OUR Truck to Move In! call

250-758-2270

• • • • • • • •

H t d&D Heated Drive-Up i U U Units it Monitored Security Fenced Compounds Easy Access Prepay Discounts Rent Pro-rated on Move Out Open Every Day Mailboxes for Rent

5 Locations in Nanaimo


2 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

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1363 Marina Way

$1,038,000

MLS# 314226

7190 Royal Drive

$874,700

MLS# 306250

2674 Pylades Drive

$798,000

MLS# 309839

4925 Laguna Way

$749,900

MLS# 316000

5775 Vanderneuk

$700,000

MLS# 312852

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4814 Blue Jay Trail

2545 Elk Trails Way $583,995

5277 Lost Lake Rd.

3965 Hammond Bay $469,600

4021 Departure Bay $419,000

$649,900

MLS# N/A

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1933 Kells Bay

$409,900

MLS# 313285

MLS# 308777

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8235 Island Hwy

$399,900

MLS# 309188

$500,000

MLS# 308433

MLS# 314048

MLS# 306014

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231 Prince John Way $399,900

114 Gibralter Rock

205 Dundas Street

MLS# 313117

$340,000

MLS# 309795

$289,900

MLS# 304082

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414 Stirling Street

423-555 Franklyn St $214,900

225 Sabiston Street

2288 Gould W Road $199,900

2291 Ashlee Road 2287 Ashlee Road 2295 Ashlee Road

$248,300

MLS# 315495

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MLS# 314922

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$204,403

MLS# 309422

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MLS# 306589

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$195,000 $195,000 $185,000

MLS# 309160 MLS# 309158 MLS# 309159

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T 250-667-4585 B F TF

www.danmorris.ca

E

250-756-1132 250-756-1210 1-800-377-4374

275 - 2000 Island Hwy

dan@danmorris.ca

Nanaimo, BC V9S 5W3


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 3

LEAH MCKINNON PERSONAL REAL ESTATE CORPORATION

UNLICENSED ASSISTANT

www.theHBTgroup.com


4 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Free Recorded Home Information - 24 Hours a Day Call Toll-Free 1.800.897.7549 Then Enter the Extension Number to Hear a Property Description $414,900

Virtual Tour

5110 Laguna Way

$259,900

202 - 4965 Vista View Cres.

Virtual Tour

$254,900

$279,900

204 - 4965 Vista View Cres.

Virtual Tour

Virtual Tour

433 Deering Street

Ocean & Mountain View Custom-Built uilt Home!

Terrific Ocean View Condo! Excellent nt Value!

Amazing Ocean View Condo! ondo! d !

Excellent Starter Home! Excellent Condition! ondition! diti !

3 bdrms, 2 baths, 1701 sq.ft., new roof, hardwood floors, 2 fireplaces, large bedrooms, quiet neighbourhood, low maintenance landscaping, close to great schools in the desirable North end of town!

2 bedrooms, 2 baths, 1,100 sq. ft., terrific ocean view, many upgrades, 3 parking stalls, open floor plan, child & pet friendly, fireplace, secured storage locker, Great value!

2 bedrooms, 2 baths, 1,115 sq. ft. enormous ocean view, open floor plan, private balcony, covered paring, secure storage locker, fireplace, fabulous neigbourhood, child & pet friendly!

3 bedrooms, 1 bath, 1,056 sq. ft., two year old roof, quiet neighbourhood, covered parking, fully fenced backyard, walk to school, bus & shopping, easy maintenance landscaping, extremely clean, affordable, buyer friendly. Act Now!

Ext.1012 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext.7762 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext.7752 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1042 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$289,900

Virtual Tour

5344 Arbour Lane

$539,900

Virtual Tour

5537 Cliffside Road

$399,900

444,900

5111 Sam’s Way

Virtual Tour

6088 McGirr Road

Care Free Strata Living! Buyer Friendly! i dl !

Terrific Ocean View! North Nanaimo! imo!!

Great Home! Great Neighbourhood!

North Nanaimo Home with 2 Bedroom Legal Suite

3 bedrooms, 3 baths, 1,569 sq. ft. backs onto park, many upgrades, excellent floor plan, vaulted ceilings, garage, terrific neighbourhood, walk to bus. Hurry Act Now!

5 bedrooms, 3 baths, 2,840 sq. ft., .22 acre, 5 years old, sweeping ocean & mountain views, fabulous neighbourhood, great floor plan, enormous deck, private back yard, low maintenance landscaping, walk to schools, parks, shopping and bus service, ready to accept secondary suite with private entry, Hardi Plank siding, lots of storage. Buyer Friendly! Act Now!

4 bedrooms, 3 baths, 1,757 sq. ft. North Nanaimo/Uplands neighbourhood, walk to school, parks, bus service, shopping and Oliver Woods recreation centre, cul-de-sac, easy care landscaping, huge fully fenced rear yard, large stamped concrete patio, excellent floor plan, 3 year old roof, thermal windows, B/I vacuum. Hurry Act Now!

6 bedroom, 4 baths, 2,960 sq.ft., .15 acre, only 5 years old, warranty remaining, RV parking, walk to schools, bus, parks and shopping. Buyer friendly! Act now!

Ext.7772 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1062 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1092 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext.1102 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Thinking of Buying or Selling? Find out why more Buyers and Sellers recommend

Chris Martin! Please call for a FREE, No-Obligation Market and Home Evaluation Cell: 250.616.1996 D L SO 107 Black Powder Trail

$434,900

Virtual Tour

$229,900

211-4965 Vista View Cr.

Virtual Tour

$169,900

303-567 Townsite Road

$389,500

Virtual Tour

Virtual Tour

3540 & 3542 Departure Bay Rd.

Cilaire Ocean View Home! me!!

Completely Renovated Rocky Pointt Condo C d

Cheaper Than Rent!! Ten Year Warranty! anty! t!

Full Legal Duplex! Left & Right!

4 bedrooms, 3 baths, 2,566 sq. ft., many upgrades, new flooring, new paint, 3 year old roof, fully fenced, landscaped, private back yard patio, gorgeous ocean & mountain view, excellent neighbourhood, walk to schools, bus service & shopping. Will Sell Fast! visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

2 bedrooms, 2 baths, 1,050 sq. ft., child & pet friendly, bright, open floor plan, upgraded appliances, ensuite, covered balcony, storage locker, fireplace, great neighbourhood. Hurry Act Now!

928 sq.ft., 2 bedroom, 2 bath, completely renovated inside & outside, ten year building warranty, immediate possession, great location, walk to bus, parks, shopping and ocean. Buyer friendly! Great price! Act now!

7 bedrooms, 2 bath, 2,176 sq. ft. total, .25 acre, Live in left side and rent the 2 bedroom right side or rent both sides, close to schools, parks, Departure Bay beach, shopping and bus service, enormous level back yard, separate laundry, Vacant, clean & ready. Great investment!

Ext.1032 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext.7742 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1122 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$209,900

203 - 770 Poplar Street

Virtual Tour

$574,900

3483 Castle Rock Drive

Virtual Tour

$279,900

5274 Arbour Crescent

$794,900

Virtual Tour

245 Oyster Cove Road

Virtual Tour

Ocean View Condo! Great Location! cation! ti !

Gorgeous Rockridge Estates Home with 2 bedroom Legall SSuite! it !

Buyer Friendly North Nanaimo Townhome!

Walk On Ocean Front Home! me!!

2 bedrooms, 2 baths, 958 sq. ft., newer energy saver appliances, many upgrades, underground parking, large deck, walk to schools, parks, bus & shopping, in suite laundry, secured entry, excellent condition. Buyer friendly. Act Now!

3,292 sq.ft., 6 bedroom + den, 4 baths, .15 acre, excellent floor plan, hardwood floors, granite counters, 3 car garage, heat pump, great view, great neighbourhood, hardi plank, RV parking, fully landscaped, fully fenced, open floor plan, amazing kitchen and enormous master bedroom. Act now!

1,551 sq.ft., 3 bedroom, 2 baths, 6 foot crawl space with stair access, no thru road, vaulted ceilings, garage, private patio, very bright home, excellent neighbourhood. Hurry, act now!

4 bedrooms, 4 baths, 3,403 sq. ft., 1 Bedroom Suite with amazing view and private patio, Double garage, three decks, amazing sunrise & sunset views, gated community, private sea wall, private indoor swimming pool, private tennis court, walk on ocean front! Private deep water mooring buoy! Great Value! Buyer Friendly! Hurry, Act Now!

Ext. 7722 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext.1072 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext.7732 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1052 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Cell (250) 616-1996 | Bus (250) 751-1223 | Fax (250) 751-1300 Email chris@chris-martin.ca | www.chris-martin.ca PERSONAL REAL ESTATE CORPORATION


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 5

REDUCED

REDUCED

3210 CHEYENNE PL

1746 MEAGAN STREET

5297 DEWAR ROAD

#102-4965 VISTA VIEW CRES

465 NOTTINGHAM DRIVE

ROCKRIDGE EXECUTIVE HOME

CROFTON OCEAN VIEW HOME

PANORAMIC OCEAN VIEWS

ROCKY POINT EXECUTIVE CONDO

SUITED HAMMOND BAY HOME

$724,900

$357,500

$669,900

$249,900

*4 Bed, 3 Bath *Level Entry Walk Out Basement *High End Finishings *Great Room Design *Gourmet Kitchen *Large Master Bedroom/Ensuite *Large Patio *Large Fully Landscaped Backyard *Heat Pump *Media Room *Wine Cellar

*4 Bed, 3 Bath *Brand New Home Without HST *New Neighbourhood *Modern Finishings *10 Year Warranty *Detached Double Garage *Roughed In For In-law Sutie *Large Family Room *Priced Sharp for a Quick Sale

*Custom Alair Home *4 Bed, 4 Bath *Over 3700 Sq Ft *Stunning Ocean and Mountain Views *Gorgeous Kitchen with Quartz *Large Master with 6pc Ensuite and Custom Organized Walk-In *High End Finishings *Lanscaped *Legal Suite

$429,900 *Brand New 5 bed, 3 bath home *Almost 2000 Sq Ft *2 Bedroom Legal Suite *Alair Homes Built *2/5/10 warranty *Completion Expected for May

REDUCED

NEW LISTING

608 VIKING WAY

1811 WHITE BLOSSOM WAY

#6-444 BRUCE AVENUE

3280 MERCEDES WAY

#100-25 MAKI ROAD

CHASE RIVER DUPLEX

RENOVATED TOWNHOME

BRAND NEW TOWNHOMES STARTING AT $349,900

SEEBREEZE MOBILE HOME PARK

FRENCH CREEK 2 STOREY

$479,000 *4 Bed, 3 Bath, Almost New *Large Master with 4pc Ensuite *Cathedral Ceilings in Great Room *Spacious Kitchen *Landscaped with Sprinklers, Garden Shed and Fence *Walking Distance to Beach *Beautiful Oceanside Community

$289,900 *3 Bed, 3 Bath *Valley Views *Only 5 Years Old *Vaulted Entry *Open Kitchen with Dining Area *Bright and Spacious *Gas Fireplace *Roughed In Vacuum *Quality Craftsmanship *Fully Fenced Backyard backing onto Forest *Landscaped *Shed

*Completely Upgraded 2 Bed, 2 Bath Unit *Heated Italian Porcelain *New Baseboards and Crown Molding *Kitchen has been upgraded with new S/S appliances, under cupboard lighting, new sink, garbage disposal and counter tops *Security System *Built in Surround Sound *Ocean View from the Private

OPEN HOUSE: SAT/SUN 1PM - 4PM

$174,900 *Beautifully Renovated Townhome *3 Bed 2 Bath *Modern Updates including flooring, tile, paint and Stainless Steel Appliances *Complex allows Rentals and Pets *Located Near all levels of School and University *Walking Distance to Shops and Buses *Perfect for a Couple, Small Family, or Investment Property

REDUCED

View the Beautiful Show Suite at Cottle Creek Estates. Units are 3 Bed, 3 Bath with main living area on the lower floor. Finishings include quartz countertops, maple cabinets, and hardwood flooring. All units include appliances and are covered under 10yr New Home Warranty.

$57,900 *2 Bed, 1 Bath *Private 55+ Mobile Home Park *Updated with Fresh Paint and Laminate Flooring *Open Kitchen Overlooking the Living Room *Wheelchair Access *In-Unit Laundry *Plenty of Parking *Two Sheds

REDUCED

6240 SCOLLOS PLACE

#206-580 STEWART AVE

#201-1620 TOWNSITE ROAD

8506 CHEMAINUS ROAD

LOT 5-9 SOUTHWIND DRIVE

NORTH NANAIMO OCEAN VIEW

WATERFRONT LUXURY CONDO

CENTRAL NANAIMO CONDO

UNIQUE RIVER FRONT PROPERTY

$275,000

$779,000

OCEAN VIEW LOTS IN UPPER LANTZVILLE

$455,000 *5 Bed, 3 Bath *Level Entry Walk Out Basement *Bright, Modern Kitchen *3 gas fireplaces *Impeccably Clean *Located at end of Quiet Cul De Sac *Beautiful Garden *Walking Distance to Schools, Shopping, and Beaches *Ocean and Mountain Views

$248,800

*2 Bed, 1 Bath *Located in ‘Edgewater Nanaimo’ *Open Concept *Stainless Steel Appliances *Granite Counter tops *Electric Fireplace *In Unit Laundry *Heat Pump *Located near Ferries and Float Planes *2/5/10 Warranty *Nicely Landscaped Property *Underground Parking *Secured Storage Area

*900 Sq Ft Private Patio with loads of sun *2 Bed 2 Bath Almost New Condo *Very Clean and Bright *Large Master with 5pc Ensuite *Spacious Living Room *Modern Finishings *Electric Fireplace *Close to Schools, Shopping, and Buses *Can be Rented

*6 Bed, 5 Bath *Over 5,300 Sq. Ft. *Home features a large 1 Bed In-Law suite and a self contained 1 Bed plus den unauthorized suite *Large windows and sundecks to enjoy the views of the river that wraps around this property *River front property on over 14 acres *Many paths that take in the beauty of this property.

$199,900-$269,900 *Level Entry Lots Walk-out Basement Lots *Drilled Wells *2.5+ Acres *Seller will Build to Suit *Amazing Views over Nanoose Bay and Winchelsea Islands


6 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Working and Winning Together! $174,900

306-160 Vancouver Ave.

Insurance Brokers Ltd.

Location, Location, Location. This cozy, centrally located condo has it all. Walking distance to downtown, ferry terminal, bus stop, sea plane, marinas, seawall, shopping & dining! You can feel right at home as you enter this beautifully finished building, surrounded by nicely landscaped grounds. This unit has a balcony, walk-in closet, parquet flooring, stainless steel appliances that show like new, the whole unit has been freshly painted, and there is in-unit laundry at your convenience. The building has secure parking with a storage unit in the basement.

EST 1898

101 - 3150 Island Highway, Nanaimo Phone: 250-758-2484 Fax: 250-758-2452

$349,900

826 Driftwood Dr., Mudge Island

Lovely low bank, waterfront 3 bedroom home with a separate 1 bedroom cottage, woodshed and workshop, opposite EI Verano boat ramp. Some vendor financing may be available. Enjoy the tranquility and wonders of Mudge Island while still enjoying the comforts of city living with municipal services. The neighboring .46 acre waterfront lot is also available to purchase.

www.insurancebrokers.bc.ca

Providing insurance for: Business • Home • Tenants Condominiums • Travel • Construction Boats & PWC • Autos • Campers Trailers & Mobile Homes

Wishing everyone a Happy Spring! Call me for any of your Real Estate needs. Nanaimo Realty #275 - 200 Island Highway, Nanaimo, B.C. V9S 5W3

Scott Forrest 250-756-1132

cato4@shaw.ca

Ryan Andrew Real Estate Agent & A Very Nice Guy! 1675 King John Way

6069 Waldbank Rd.

Lot 8 - Kurtis Cres.

6021 Jake’s Pl.

1798 White Blossom Way 10065 Island View Close

Beautiful 4 bed plus den 3 bath fully renovated home in the very sought after area of Sherwood Forest. Everything has been done in this home, there is hardwood floors throughout, new kitchen and tiled bathrooms. The roof was replaced 2 years ago along with the windows and doors.

Beautiful ocean and mountain views from this 3 bed, 2 bath fully renovated North Nanaimo Rancher. Boasting hardwood floors throughout, kitchen with granite counters and butcher block island with apron front sink, high end finished bathrooms and large master bedroom with ensuite. Come home to enjoy a beautifully finished home with an excellent mature garden with a covered patio.

If you are looking for a private acreage with a great view and a prime location this could be the property for you. This 5 acre lot, which has a drilled well and septic covenant area. The property allows for 2 dwellings to be built (must be confirmed with RDN) and has two separate areas to build your dream home.

If you are looking for a 2 bed, 2 bath rancher style patio home within walking distance to Woodgrove Mall, Superstore and too many other amenities to list this is the house for you. The current owner has updated the living room with new laminate flooring, the kitchen with new tile and a bottom freezer fridge and the remainder of the house with new paint.

Excellent location for this 4 year young 3 bed, 3 bath half duplex. Country Hills is a well layed out newer development that compliments this home perfectly. There are hardwood birch floors on the main level and alder cabinets in the kitchen with island and stainless steel appliances.

You can’t beat the price on this gorgeous ocean and mountain views from this 5414 sqft underground serviced lot in prestigious Eagle Quay. Watch the sunrise over the Gulf Islands from your new dream home, enjoy the waterfront park just minutes away from your doorstep or a round of golf at nearby Mt. Brenton Golf Course.

$469,900

$409,900

$199,900

$205,900

$289,900

$149,900

Scan the images above with your smart phone to get more information on these properties.

Ryan y Andrew

www.ryanandrewsells.com • 250.756.1132 • Toll Free 1.800.377.4374


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 7

Thinking of selling? Please call me for a free, no obligation market evaluation. Call Helen Forde today @ 250-751-1223

$329,900

$438,500

$329,900 D STE I L JUST

S S E K L N EE I D AW L SO AN TH

!

Walk to the beach from this simply stunning 2 bed. plus den home. Set back off the road on a mature .34 acre lot & backing onto farmland for complete privacy. Recently renovated kitchen with custom centre island and all new appliances. New flooring, interior doors, light fixtures and tastefully freshly painted throughout. Other features incl: 4 pc. bathroom with jetted tub, patio door off master bedroom to private garden, large living room with vaulted ceilings, gas fireplace & window seat. Very bright with large windows to enjoy the amazing Lantzville sunsets. Fenced yard and plenty of parking. Nothing to do but walk to the beach and enjoy the Island life.

Fabulous home on quiet cul de sac in the most sought after family location in North end - Parkwood Estates. From the front porch sitting area, watch the children play at the neighbourhood park. Great schools, shopping, medical centre, & transit all within walking distance. Spacious with tons of natural light, this home features 4 bedrooms plus a den, 3 full bathrooms & updates including the gorgeous kitchen, open to family room with fireplace. The lower level has been completely finished with access to the large level, fenced yard, facing west. Other features include: sprinkler system, security system, double garage with auto opener & more. Don’t hesitate, seldom does a home come available on this street.

Loaded with possibilit sibilit suite or a separat parate fordable e by access from two streets and a huge lot. ot. Alrea includes a se rate heated and an inn con concept floor new ccarpeting and lino views could easily be imview north end location, features 3 bed2 full bathrooms, 5 appliances, shed and curity curit t system t iincluded. l d d C Call ll tto view i ttoday. d

Call Helen Forde 250-751-1223.

Call Helen Forde 250-751-1223.

Call Helen Forde 250-751-1223.

1990

Medallion on n Cl lub Club

1995

Medallion on n b Club

1992

19911

Medallion on n Club

Medallion oon n Clu ub Club

1996

Medallion n Club Club

1999

Medallion Club

1993

1997

OFFICE/PAGER:

1994

Medallion on n Club

Medallion Club

250-758-3700

1998

Medallion n Clu Cl lub ub b Club

Medallion Club

2000

Medallion Club

Ocean Pointe Realty

640 TRANS CANADA HWY, LADYSMITH, B.C.

Ocean Pointe Realty

TOLL FREE: 1-800-665-8313

INVESTMENT & RESIDENTIAL

email: daleshortt@shaw.ca

DALE

SHORTT INCOME PRODUCING + REVENUE PROPERTIES

PROTECTION ISLAND WATERFRONT

71 UNIT APARTMENT BLOCK

NANAIMO DUPLEX

AFFORDABLE HOME

3 beedrooms per side, 2 separate titles excellent income.

3 bedroom, new roof, large level yard. Seller may finance.

$419,000

$179,900

OCEAN FRONT CONDOS “PACIFICA” 38 Front Street UNITS FOR SALE WATERFRONT TOWNHOME 1740 sq. ft., 2 bedrooms, hardwood floors, granite counter tops, roof top patio.

$599,000

1 BEDROOM & DEN Located in Pacifica. No GST.

$229,900 NANAIMO BUSINESS OPPORTUNITY AVAILABLE IMMEDIATELY Lease with option to purchase

this Nanaimo restaurant lounge fresh food market. Popular martini lounge with adjoining fresh food market convenience store. 70 seat lounge and restaurant. 18 seat patio. All equipment.

$89,900

OCEANVIEW 3 PLEX

$369,000 3 bedroom cottage needs some work. Home plus cottage. $529,900

13 self contained units. 1 commercial space plus lease pub & license. Gross revenue $10,000/month

Asking $999,000

2 parking stalls, large storage.

HOTELS & PUBS FULL FACILITY SUPER 8 MOTEL Central/southern Vancouver Island. High profile location. 36 rooms, with franchised restaurant that includes 125 seat pub. 1.5 acre property.

$3,950,000

NORTH ISLAND HOTEL & PUB, WINE & BEER STORE

$2,350,000 HERITAGE APARTMENT BLOCK

NEW WALK ON WATERFRONT TOWNHOME

$549,900

4 separate buildings. New Renos. Over $500,000 spent. North Island location. Over $27,000 monthly income. Management in Place.

WATERFRONT CONDO with a swimming pool & hot tub. 2 bdrm, 2 bath in Yellow Pt. Seller will finance with low down or take trade! $425,000

LAND & DEVELOPMENT SITES 9 ACRE, 28 LOT SUBDIVISION IN CHASE RIVER

RENTAL HOMES 5 houses all together, all rented, on 5 separate adjoining lots. Buy 1, 2 or all 5 starting at

$239,000 each or all 5 for $1,150,000 40 ACRE PARCEL Subdividable into 5 acre country estates.

$595,000 4 PLEX LOT - OCEAN VIEW $199,900 5 PLEX - GREAT LOCATION, GREAT INCOME

Quiet neighbourhood property is beautifully treed, and would accommodate single family homes or small lots. Seller may finance. Trades welcome.

Lots of parking, storage units and laundry.

$995,000

$749,500

Rooms & restaurants. 2 lots. NORTH NANAIMO OCEAN 29 ACRE FARM FOR SALE 23 ACRES Jingle Pot. VIEW CONDO DEV SITE Over 3.9 mill. annual sales. $2,995,000 $459,000 Approved plan with city for 26 $1.1 million HOTEL & WINE BEER STORE units. MIDRISE 8 suites, pub. Close to Nanaimo airport. JUST LISTED: FANTASTIC $795,000 DEVELOPMENT SITE $1,190,000 OCEAN VIEW 1 ACRE COUNTRY Located in the Downtown core RM-5 Development site, unrestricted Nanaimo. Commercial or condo views, overlooks cruise ship pier. BUSINESS OPPORTUNITY - MARTINI LOUNGE ESTATE LOT Approved for 3A condos, No DCC’s. site. City water. 2 available. Restaurant & fresh food market. Priced to sell. $729,000 $269,000 $250,000 $124,900


8 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Gayle Jordan

Licensed Realtor

Licensed Realtor

888.291.5263

Land & Building 9736 Chemainus Road, Chemainus

202 Dogwood Drive Ladysmith

$275,000

$499,700

• C2 Zoning • Near Chemainus Theatre • 2 res apts. + • 2 retail spaces • Downtown

Guy Bezeau

250.758.3700

Res & Commercial

• C2 Zoning • Beautiful heritage home (1913) • 1350 sq.ft. attached shop for business • 16,988 sq.ft (0.39 acres) • Close to downtown

CCIM

Commercial Land

Conv/LiquorStore/Res

Business for Sale

Land & Building

Lot A Rocky Creek Rd.

10056 South Shore Road Honeymoon Bay

#310 - 370 Trans Can. Hwy. Esquires Coffee

120 Roberts Street Ladysmith

$2,200,000 • 3.94 acres • Highly viable location • Zoning Permits: - 10,000 sq. ft. commercial space - 70 room hotel - 30 res. units - Neighbourhood pub

$499,700 • • • •

C2 Zoning Well est. business Great location Turn-Key Opportunity!

$29,700 • Turnkey operation in Ladysmith • Great visual exposure • Highway access • Ample parking • In Coronation Mall

$347,000 • C2 Zoning • High profile • Downtown location • Outside deck • Currently a restaurant

Strata Condos and Warehouses

SELLER WILL FINANCE! CALL FOR DETAILS

www.liveandwork.ca OCEAN POINTE

islandcommercial@shaw.ca

Individual Units start from

$219,000 + HST

• • • • • • • • • • •

Its affordable to live and work in Ladysmith Strata Warehouse units – 889 sq ft to 1365 sq ft 3 phase power – 16 ft ceilings 14 ft insulated bay doors Zoned light industrial I – 1A Strata Condos – 970 sq ft to 1352 sq ft Rentals Allowed – Pets Welcome Condos - 8 appliances, balconies, skylights 9 ft ceilings, elevator Professional Landscaping Zoning permits professional and/or residential use

www.remaxocean.bc.ca


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 9

We are WETT Certified

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One coupon per Inspection. Offer Expires on August 30, 2011

Discovery Home Inspections Darryl Saam

(BCCPA #53903)

Business Ph: 250.713.4811 Email: discoveryinspections@shaw.ca • www.discoveryinspections.ca

DOMINION LENDING

#603 - 5800 Turner Road 250-729-7099

C E N T R E S VA N I S L E

www.dominionvanisle.ca

(Across from Quality Foods in Northridge Centre)

Kim Strynadka, A.M.P.

Lynda Larsen

Bill Fraser

Anna Mataganova

Marilyn Kennedy

Katie Hommy, A.M.P.

Rhonda Brown

250-729-3890 DLC Integrity Mortgage B.C.

250-713-6123

250-739-3837

250-816-3535

250-740-0884

250-619-0939

250-751-5434

When experience counts, call the LARGEST Mortgage Brokerage in Nanaimo! Doug Pearson

250-729-7444 DLC Integrity Mortgage B.C.

Terms

Our Rates

Terms

Our Rates

V.R.M.

Prime Less .90%

3 YEARS

3.50%

Line of Credit

Prime Plus .25%

4 YEARS

3.60%

1 YEAR

2.64%

5 YEARS

3.65%

2 YEARS

3.30%

10 YEARS

5.00%

(Rates subject to change without notice, OAC)

Lee-Ann Mitchell

250-667-3567

Kathleen Dediluke Mortgages/Leasing g g / g

250-668-9779

We make mortgages easy ...really easy!

➢ Pre-Approvals ➢ Property Purchases ➢ Lines of Credit ➢ Construction Loans ➢ Challenged Credit ➢ Self-Employed ➢ Debt Consolidation ➢ Refinancing ➢ Mortgage Renewals ➢ Commercial ➢ New to Canada Programs ➢ Reverse Mortgaging

Stephanie Scott

Tim Peligren

250-240-3442

250-228-5558

Elaine Peligren Mortgages/Leasing

250-741-4877

250-816-3130

Ian MacLeod

250-619-7266

Kathy Parent

Pat Cody

250-714-8887


10 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

“UNLOCK THE FORTUNE HIDDEN IN YOUR MORTGAGE”

Zoned C1 - commercial property in downtown Nanaimo. There is potential p for a 3 bedroom, large apartment on the top floor and a retail store on the main. The building needs extensive renovations! Some work has been done, such as the old siding has been removed and the entire exterior of the building has been freshly painted. The seller has removed some of the drywall that has been damaged and replaced most of the windows on the top floor and more. The property is currently under an active renovation permit from the city of Nanaimo.

ED

UC

D RE

Save THOUSANDS of dollars and get the INVESTMENT PROPERTY you’ve always wanted. AND Pay off your mortgage faster and buy the INVESTMENT PROPERTY you’ve always wanted. AND Enhance your cash flow and buy the INVESTMENT PROPERTY you’ve always wanted.

$176,900

Hobby Farm For Sale!!! Absolutely stunning 2003, 3400 sqft 4 bedroom + den and 4 bathroom custom built home on a beautiful and all usable, 2.56 acre, very private lot. This gem is located in the desirable North Jinglepot area. This property has it all! Location, beauty and value! Don’t miss this rare opportunity to own your own piece of Heaven!

ers e off l p i t ! ul in m rice! Sold ve list p abo

$684,900

You could be next!

“Call me, Geoffrey Montgomery-Swan and let me show you how to get your share of the fortune waiting to be discovered in your own mortgage”. FREE INFORMATION: Find out if this unique and proven financial plan will work for you. Call: 250.713.9797.

Call me for a Free Evaluation today!! Katerina Gamlin

www.moneysmart.info/second_property.html

Realty Executives Mid- Island #503 Comox Road Nanaimo, BC V9R 3J2 Phone: (250) 713-5396 Fax: (250) 753-9698 Tol Free: 1-800-848-8490

We are not mortgage brokers, lenders or financiers. We promote this unique government copyrighted financial plan only.

“CALL ME FOR A LIST OF FORECLOSURES & COURT ORDERED SALES” Free home evaluations.

WHAT IS YOUR HOME WORTH?

CALL FOR A FREE EVALUATION.

1065 OLD VICTORIA RD.

$429,900

• 1 acre River Front in City. • Total Renovated Home. • Level Entry Walk Out Bsmt. • Shows Like Show Home.

26-855 HOWARD AVE.

$207,500

• Rare 4 Bedroom. • Private Rear Yard. • Some Ocean Views. • Shows Great.

MICHAEL P E T E R S O N

PERSONAL REAL ESTATE CORPORATION

OCEAN FRONT ACREAGES $169,900 ea

NEW MT. WASHINGTON CHALET’S $349,900

115 ROBERTS RD. W.

• Valdes Island • 5 Plus Acres Each • 7 To Choose From

• Rare Free Hold Easy to Finance. • Great Return on Investment. • 3 Beds, 3 Baths, Garage.

• Almost 1/2 acrea • 2 Workshops • 3 Beds, 2 Baths • Huge Rec Room • Big Deck • Heat Pump

202-1620 TOWNSITE RD.

$270,000

3300 BARRINGTON RD.

$315,000

111-3270 ROSS RD.

$325,000

$162,000

• Almost New Condo. • 2 Bedrooms, 2 Bathrooms. • Extra Den/TV area. •Extra Large Deck.

• Bright Open Rancher. • Private Lot Backs onto Green space.

• Remodeled Condo. • 2 Beds 2 Baths. • Close to Shopping and Amenities.

4104-997 Bowen Rd.

LOT B GRAFTON RD.

1086 MORRELL CIRCLE

$92,000

• Has some updates •Can be Rented • Needs some TLC •Close to Everything

• 14 Acres +/• Creek Running Through It • Some Cleared, Some Treed

Go to realtynanaimo.com to view all MLS Listings and or/call

250.751.1223

#379,000

$160,000

• Large Bright Home. • Big Kitchen and Rooms. • Detached Shop. •Backs onto Park.

OF NANAIMO

“Independently owned and operated”

1- 5140 Metral Dr., Nanaimo

1.866.314.8620


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 11

OCEAN VIEW TERRACE TOWNHOMES www.oceanviewterrace.ca

OPER DEVEL AY WILL P T! THE HS

SHOW SUITE located off of Hammond Bay Road onto Yorkshire Terrace, left on Norton Rd

LIMITED TIME OFFER! FURNITURE CREDIT OF $5,000 to the buyer if the sale closes before June 1, 2011 OCEAN VIEW TERRACE TOWNHOMES Unit 102-5426 Jacobs Lane

Strata Lot 2

101-5418 Jacobs Lane

4

102-5418 Jacobs Lane

5

103-5418 Jacobs Lane 101-5410 Jacobs Lane 102-5410 Jacobs Lane

6 8 9

Price $461,999

Sq.Ft. 2484

$429,500

2516

$422,500

2484

$422,500

2484

$413,500

2203

$413,500

2203

Includes HST +HST Rebate to the Seller +HST Rebate to the Seller +HST Rebate to the Seller +HST Rebate to the Seller +HST Rebate to the Seller

PROPOSED NORTON ROAD TOWNHOMES Lot 1 Norton Road Lot 2 Norton Road Lot 3 Norton Road Lot 4 Norton Road Lot 5 Norton Road

• Ocean views across the Georgia Strait • 2 - 3 Bedrooms, 1530 - 2900 sq. ft., vaulted

$549,900 + Net HST $378,500 + Net HST $378,500 + Net HST $378,500 + Net HST $378,500 + Net HST

• Extensive use of stone and hardy plank exteriors • Stainless Steel Appliances

ONLY 6 UNITS LEFT!!! PRICES FROM $378,500 – $549,900

. Selling Homes for 19 Years . #1 RE/MAX Realtor Nanaimo & Vancouver Island 2010

250.751.1223

PERSONAL REAL ESTATE CORPORATION

troygibson.com I

Floor Plans . Aerial Photos . Interior Pictures . HD Tours


12 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

SOLD 2057 Rena Road $749,000

191 Cilaire Drive $997,900

2420 3288 Greenway Crystal Place Road $429,900 $599,900

3428 Meadow Lane $335,900

Nanoose Horse Lover’s Estate

Waterfront Residence with Spectacular Ocean Views

Craftsman Styled Two Storey

Family Home in Mature Setting

- 5 AC Tranquil Retreat - Extensive Upgrades - Riding Ring - 5 Bdrms, 4 Baths - Barn/ 3 Horse Stalls - 3 Levels, 3709 sq ft - 2 Bdrm Unauthor. Suite - Detached Shop

- Unique Designed Home - Views of Departure Bay - 3 Bdrms, 3 Baths - Home: 4445 sq ft

- Lot: .84 AC - Walk on Waterfront - 16 x 35 Indoor Pool - 11 x 8 Cedar Sauna

- Quality Finishing - Built by Westmark Contr. - 4 Bdrms, 2 Baths - Home: 2217 sq ft

- Open Floor Plan - Lot: 6710 sq ft - Quiet Central Area - 10 yr Warranty

- 3 Bdrms, 3 Bths - Lot: 7925 sq ft - Home: 1780 sq ft - Split Level Entry

- Open Floor Plan - Many Updates done - Close to Beaches

#5 - 507 9th Street $189,900

6112 Janelle Place $429,900

5547 Norton Road $689,900

2560 Glenayr Drive $ 369,900

Distant Ocean Views

Immaculate 2 Storey Residence

180 Degree Ocean View across the George Strait

Remarkable Departure Bay Ocean Views

- 2 Storey Townhome - 3 Bdrms, 1 Bths - Home: 1210 sq ft - Extensively Updated

- Central Location - No Rentals - No Dogs - Strata Fees $174.50/M

- Walking Distance to Schools - Well Maintained - Home: 2306 sq ft

- Den + Bonus Rm - 3 Bdrms, 3 Baths - Warm Neutral Decor - Lot: 6458 sq ft

-Immaculate Level Entry - 4 Bdrms, 3 Bths - Home: 3074 sq ft - Heat Pump

- Lot: 23142 sq ft - 2 covered Sundecks - Subdivision Potential - RV Parking

- Desirable Location - 3 Bdrms, 1 Bath - Home: 1820 sq ft - Oversized .34 AC Lot

- Lynburn Estates - Mature Landscaping - Zoned R2 - Extra Parking

6589 Pelican Way $569,900

2151 Pauls Road $499,900

348 Manhas Place $514,900 + HST

6098 Icarus Drive $739,900

Custom Built Ocean View Bsmt Entry

Tranquil 2.5 AC Boat Harbour Retreat

Brand New Custom Level Entry

Waterfront Home, Remarkable Ocean Views

- North Nanaimo - 5 Bdrms, 5 Baths - Home: 3650 sq ft - Quality Finishing

- Lot: 6459 sq ft - Close to the Beach - 2 Gas Fireplaces - Easy Suite Conversion

1757 White Blossom Way $435,000 Country Hill Estates Residence

- Family Location - 6 Bdrms, 3 Bths - 2 Bdrm Legal Suite - Home: 2582 sq ft

- Lot: .17 AC - 10 Yr Home Warranty - Bright Open Floor Plan - Mountain Views

- Semi Waterfront - Home: 2200 sq ft Location - 4 Bdrms, 2 Bths - 2 Bdrm Guest Suite - Extensive Upgrades - Well 1.95 ft, 3.25 GPM - Quiet Location

118 Gibralter Rock $998,000 Nanaimo’s Best 180 Degree Ocean Views

- .916 AC - 2 Bdrm, 2 Bth + Den - Custom Built - Home: 4963 sq ft

- High Quality Finishing - Tastefully Decorated - Wrap around Sundeck - RV Parking

- Cottle Creek Estates - 10 yr Home Warranty - 6 Bdrms, 4 Baths - Home: 3200 sq ft

- Lot .15 AC - Under Construction - 2 Bdrm Legal Suite - Bright Interior

- Level Entry - Lot: 25,595 sq ft - Home: 3278 sq ft - Contemporary Decor - 4 Bdrms, 3 Bths - Thousands in Updates - 2 Bdrm Unauthorized Suite

Plaza4 - #38 Front Street $ 299,900

1065 Cinnamon Sedge Way $ 759,000

Nanaimo Waterfront Location

Custom Built 2 Storey in Nanoose

- Prime Location - Home: 1133 sq ft - 2 Bdrms, 2 Baths -Tasteful Decor

- Strata Fee $246/M - Natural Gas Fireplace - Close to all amenities

- River’s Edge Devel. - 3 Bdrms, 3 Baths - 2654 sq ft - Tranquil 2.52 AC

- Spacious Open Plan - Rare Opportunity - 10 yr Warranty - Several Outbuildings


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 13

513 Westview Place $499,999 180 Degree Ocean Views Across Georgia Strait - Eagle Point Estates - Quiet Cul de Sac - Home: 3140 sq ft - Many Updates Done - 4 Bdrms, 3 Baths - Lot 7704 sq ft - Natural Gas Fireplace

114 Gibralter Rock $237,900 No HST Unique .33 AC Building Lot - Build your own Dream Home - Spectacular Ocean Views - One of a kind Location, Strata Fee $68/M - Approved Custom Home Plans Available

4124 Gulfview Drive $569,900

5591 Cougar Ridge Place $569,900

Loaded with Curb Appeal

Custom Built Ocean View Residence

- Morningside Estates - Ocean View Level Entry - 7 Bdrms, 3 Bths - Home: 4116 sq ft

- Custom Built - 3 Levels - 3 Fireplaces - Lot: 7750 sq f

- Elegant Finishing Touches - 4 Bdrms, 3 Bths + Den - Home: 2709 sq ft

- Lot: 8280 sq ft - 10 Yr Warranty - Easily set up for extra Accommodation

2800 Kilpatrick Road $599,900

3306 Savannah Place $549,900

2353 Rosstown Road $379,900

Rare Tranquil Jinglepot Estate

Custom Built Rancher with Bonus Room

Large Residence on .31 AC Corner Lot

- Lot .19 AC - Rockridge Estates - Low Traffic Cul de Sac - 10 Yr Warranty - Tasteful Decor - 3 Bdrms, 3 Baths - Top Quality Finishing - Home: 2211 sq ft

- Lot .31 AC - 5 Bdrms, 4 Baths - Fully Fenced - Home: 4840 sq ft - Additional Accom. - Open Floor Plan - Extensive Upgrades

6354 Lasalle Road $449,900

2412 York Crescent $459,900

5346 Laguna Way $499,900 + HST

Level Entry Residence with Legal Suite

Ocean View Terrace Level Entry

- Home: 2154 sq ft - 4 Bdrms, 2 Baths - Lot: 2.47 AC - Zoned RU1F

- Immaculate Interior - 700 sq ft Detached Shop - Quiet, Private Retreat - Prime Country Setting

1770 Rajeena Way $476,900 Level Entry with Legal Suite

- Cinnabar Valley - Home: 3000 sq ft - 4 Bdrms, 4 Baths - High Quality Finish

- 1 Bdrm Legal Suite - Fully Fenced Yd - Lot: .25 AC - 10 yr warranty

Prime North Nanaimo Neighbourhood

- Distant Ocean Views - 6 Bdrms, 4 Bths + Den - 2 Bdrm Unauthor. Suite - Lot: 7320 sq ft

- 2 Gas Fireplaces - RV Parking - Level Fenced Rear Yard

- 3 Bdrms, 3 Bths - Home: 2794 sq ft - Lot: 6649 sq ft - Tastefully Finishing

- 2 Bdrm Legal Suite - 10 Yr. Warranty - RV Parking - No HST

2061 Cathers Drive $365,900

Jinglepot/Cathers Lake Family Home

- 4 Bdrms, 3 Bths - Home: 2175 sq ft - Low Traffic Cul de Sac - Lot: 6470 sq ft

- Central Location - Updated Interior - 2 Gas Fireplaces - Great Sun Exposure

- Blt by Carel Homes - 3 Bdrms, 3 Bths - + 1 Bdrm Legal Suite - Lot 5213 sq ft - Home: 2700 sq ft - Open West Coast Design - Price is plus HST - 10 yr Home Warranty

5328 Seascape Terrace $549,900 + HST

5337 Seascape Terrace $539,900 + HST

5343 Seascape Terrace $544,900 + HST

6662 Dover Road $379,900

Ocean View Terrace- Contemporary Design

Ocean View Terrace - Spectacular Ocean Views

Ocean View Terrace Split Level Home

North Nanaimo Remodeled Rancher

Bright, openby floor plan - Built Alair Homes Home: 3300 is sq+ft HST - Price 5 Bdrms, 4 BathsOpen Great Rm - Dramatic 1 Bdrm + Den Suite - Vaulted Ceilings

- 3 Bdrms, 3 Bths - Home: 2675 sq ft - Lot: 5449 sq ft - Ocean Views

- Built by Alair Homes - Price is + HST - 3 Bdrms, 3 Baths - Home: 5631 sq ft

- Custom Crafted - Modern Decor - Open Floor Plan - Vaulted Ceilings

- Built by Alair Homes - Price is + HST - 3 Bdrms, 3 Baths - 3 Levels, 3042 sq ft

- Lot: 5425 sq ft - Modern Decor - Custom Crafted - Dramatic Open Plan

- Immaculate Home - Warm Interior - 3 Bdrms, 3 Bths - Propane Fireplace - Home: 1690 sq ft - Low Maintenance - Distant Ocean Glimpes Yard


14 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

1- 3179 Barons Rd. Nanaimo, BC V9T 5W5

(250)

View all our Listings at www.darwingroup.ca

DAN GRONDIN

We Are THE EXPERTS on Lots!! EAGLE RIDGE Ocean View OCEAN PARK Ocean View OCEAN PARK Ocean View COLLEGE AREA Ocean View CARMANAH North End WEXFORD CREEK Near Creek 5541 NORTON RD. ½ Acre

Level-entry Basement-Entry Level-Entry Level-Entry Flat Lot Level-Entry Ocean View

No HST Builder’s Terms Great Value Backs on Park Near Schools 5 Available JUST LISTED!

Uplands Delight!

$315,000 from $175,000 from $204,000 from $149,900 $199,000 from $140,000 Asking $252,500

OCEAN|CITY VIEW ½ ACRE LOT 12.4 ACRES Lower Lantzville

FOR LEASE!

900 SQ. FT. PRIME Lantzville Road Office|Commercial Space

10 LOTS PLUS 26 LUXURY TOWNHOME SITE

Asking $1550/mnth net New Paint & Flooring . Ample Parking Call Dan for Details

Upscale Neighbourhood Plans & Approvals in place . DP ready to issue- Start this year!

Rare opportunity to own a gorgeous OCEAN VIEW building lot in desirable lower Lantzville. 75 ft. wide x 243 ft. deep. Don’t wait to get all the details! Asking $399,900

DARWIN MAHLUM

OPEN HOUSE

SAT & SUN. 2-4 439 Poets Trail

TIDY FAMILY HOME WITH EXTREMELY PRIVATE YARD! You’ll love this 1,920 sq. ft. split-entry home with 3 bedrooms, 2 baths and a fully finished basement. Features include 2 wood burning fireplaces, hardwood floors and a familysize kitchen with appliances included. If you’ve been waiting to get into the market...take a look at this fine home! Asking $

309,900

REDUCED for SPRING! BEST North End Value at these NEW PRICES!

CLASSIC HOME IN HAWTHORNE. This twostorey level-entryhome has almost 1,800 sq. ft. of living space with 3 bdrms and 3 baths. Gorgeous Great Room with a cozy gas fireplace. Attached garage . Set back from the street with a lovely treed boulevard. Wilco Const. is known for their lovely finishing & attention to detail! Net HST Included

$381,500

YOU’LL LOVE THIS STYLISH HOME! Lovely 1,352sq. ft. rancher with 3 bedrooms and 2 baths. Richly stained kitchen cabinets, large work island plus a pantry. Master bedroom offers an attractive 4-piece ensuite. Delightful covered porches both front and rear! Detached rear garage has room for a workshop! Net HST Included

$413,000

Y ONL FT! E 2L

$414,900

PALLADIAN DEVELOPMENTS IS CRAFTING THESE FINE NORTH END HOMES! Choose from 4 custom family homes with beautiful interior finishes selected by a professional interior designer. Gorgeous floors, 9 ft ceilings, large deck. The Kitchen features maple cabinets, granite counters, large island, separate dining nook. Upstairs you’ll find a lavish master with a fabulous ensuite c/w soaker tub and WI shower. 2 additional bdrms and sitting area. Some floorplans include a basement for your additional living needs. Prime location near Dover Bay School.

Email: dan@darwingroup.ca

starting from

Incl. HST!

$479,900

Brand New Ocean ViewtheOcean + Location 4000 sq.ft. Level-Entry Pays HST! View! AREBuilder OUR Winchelsea NEW HOMES PRICED INCLUDING the Net HST! So You Know Exactly PriceView You’ll Pay! ST JU STED LI

Builder Pays HST!

Winchelsea View!

4000 sq.ft. Level-Entry

Brand New Ocean View

Ocean View + Location

SIMILAR HOME GREAT VIEW! LOW MAINTENANCE! DELUXE BUILT-IN APPLIANCES!! Just move right in to this fully finished home! Granite counters, ceramic tile entry, engineered hardwood floors, vaulted ceilings, 5-pce ensuite with in-line tub & shower! Lovely media room with bar, deluxe laundry room, den & full bath down. Hardi-plank, heat pump. Very desirable high-end neighbourhood makes this a GREAT investment! Price incl. the HST! Asking $

519,900

ST ! JU TED LIS

Includes the HST!

1500+ SQ. FT. RANCHER! Exceptionally liveable floor plan! Great room with coffered ceilings, hardwood floors and gas fireplace. Walkin pantry and island in the gourmet kitchen. The quiet Master bedroom is located at the rear of the home and offers a 5 ft. walk-in shower in the ensuite. Quality construction is evident throughout as this home is being crafted by Raven Ridge Homes! Still time to add your touches! HST Incl. $

419,900

TWO-BEDROOM SUITE WITH APPLIANCES! Lovely new subdivision in convenient, south end neighbourhood. 1,368 sq. ft. on main floor plus full bsmnt /w fully equipped, legal 2 bedroom suite. 3 bdrms on main incl. a spacious master /w 4-pce ensuite. Gorgeous covered deck overlooks a tranquil, pastoral setting. This quality home is currently being built by Nanaimo's Ravenridge Homes. Full warranty. Fully landscaped! Asking $

399,999

ST ED! U J UC D RE

Near the Beach

LOWER LANTZVILLE-- JUST STEPS TO LOVELY WALK-ON BEACH! Well-kept 3 bdrm. rancher features a large living rm /w maple floors, cozy wood stove, + adjoining family rm. Updated cabinets, garden window & 2 skylights in the fully equipped kitchen. Master bedroom boasts a 3 pce ensuite. MUST VIEW to appreciate the updates and condition of this lovely home! Multiple outbuildings incl 10' x 18' workshop /w power. Asking $

337,500 149,900

PRIVATE HOME-WITH SUITE Impressive great room plan boasting a vaulted ceiling, hardwood floors, gas fireplace, skylights & large picture windows. Lovely maple kitchen. Dining area has oversized windows to enjoy the view of your yard & luscious green space beyond. Partly covered private deck w/ glass rails. Main floor laundry|mud rm. Almost 4,000 sq. ft. total with unfinished bsmnt plus a 2 bdrm.suite in the third level HST In $

MUST SEE VIEW IN OCEAN PARK! Luxurious level entry home with quality features through. Great room boasts hdwd floors, cozy gas fireplace and a wall of windows. Gourmet kitchen incl maple cabs, pantry, lge island, under cab lighting and granite counters. Partially covered rear deck. 2 bdrms on main incl. master /w luxurious 5-pce ensuite. 2 additional bdrms, 4-pce bath and lge family room in the walkout basement. Net HST In $

CUSTOM SPLIT LEVEL IN COUGAR RIDGE ESTATES! Surrounded by high end exec. homes! Beautifully finished with travertine floors, granite counters, quality maple hardwood floors. This fabulous custom floorplan must be seen! The view is amazing, the location superb! Low maintenance south facing yard is ideal for an active lifestyle. Bsmnt has a lovely suite- or would double as a premium media room! No HST $

Divine Ocean Views!

MUST SEE North End Home

Serenity in Chase River!

LEVEL-ENTRY WITH VIEW FROM MOST ROOMS!! Open living plan /w expansive great room-beautiful hdwd floors, fireplace with gorgeous floor to ceiling stone surround and a picturesque wall of windows to take in the unobstructed views. This Ocean Park home offers a fully equipped gourmet kitchen incl natural maple cabinets and silestone countertops. Fully finished walkout basement too. No HST to pay! Asking $

QUALITY BUILT BY BRAD RICHARDSON! This Level-Entry home with walkout basement features a spectacular OCEAN VIEW and all the super high end finishes that you would expect in a deluxe custom built home. The gourmet kitchen with Wolf range will excite the chef in your family! This convenient north end location is near all amenities and you get a a BONUS 2-bedroom suite too! Don’t wait to view this one! Asking $

EVERYTHING YOU COULD ASK FOR! 3,200 sq. ft. on main floor plus walkout bsmnt. This 7 yr. old home has everything... spacious room sizes, vaulted ceilings, extensive crown moldings, quality built-ins, wood burning fireplace, solid surface counters, multiple bay windows, extra wide hallways, central sound system, air conditioning and more! This well-kept home sits beautifully on a gorgeous Asking $ ½ acre lot.

480,000

697,500

632,500

689,900

549,900

689,000


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 15

(250)

760.1066

www.century21.ca / harbourrealty 1- 3179 Barons Road, Nanaimo, BC Each Office is Independently Owned and Operated

Darwin Mahlum

Dan Grondin

RARE OPPORTUNITY

Anu Gupta

3280 Ridgeview Pl. 7 Acre Estate 5,000 sq. ft. Luxury Home 1,130 sq. ft. Guest House 2 Heat Pumps and 2 Hot Tubs

Anu Gupta

Call for Info

Turn-Key Spa Business Parksville Beachside

Superb Central Location Latest Equipment & Products Lucrative 4 Star Resort Supported Partial Financing Available Great Lease

Bill Soreg New Pricing

154 Nottingham Dr. Mansion Sized (over 4,000 sq. ft.) South Facing | Ocean Views

4667 Laguna Way Breathtaking Ocean & Mountain Views Brand New 6 Bdrm Home- Legal Suite Hardi-Plank, Heat Pump

5 Bedrooms | 7 Baths

Engineered Stone Countertops

B & B Potential

Hardwood Floors

Dave Armstrong $659,000

Anu Gupta

Plus HST

Jazz Sohal

$589,900

NEW PRICE! Sharon Jensen

2171 Buck Road

5759 Malibu Terrace

Pastoral 5.9 Acres Classic Farm House (Renovated) Barn – Shop – Garage City Water. Low Taxes

Mountain | Ocean View Huge Rec Room Kitchen Built-Ins Beautifully Landscaped, Private Yard Great Location on Quiet Street

Dave Armstrong $559,000

Dave|Martin Dinh $474,000

2570 Holyrood Dr.

T JUS ED! T LIS

A Lynburn Classic! Incredible Views! Location is One of the Best Large 12,320 sq. ft. Lot Updated Home, Fully Finished Exc. Landscaping, Fully Fenced Yard

Rob Borden

$448,900

T JUS ED! T LIS

3443 Ellis Place

·Home has upscale “WOW” factor ·Stephenson Point [peace & quiet] ·Park like setting. Low labour yard

Dave Dinh

·5 bedrooms [3 on main floor]

Dave Armstrong $439,000

Martin Dinh

4722 Laguna Way Panoramic Ocean Views 4 Bedroom | 3 Baths Situated on 1/3 of an Acre Over $30,000 in Upgrades

$437,900

Jazz Sohal

2031 Latimer Rd. Huge Lot! Very Private Setting Lots of Fruit Trees New Windows Open Floor Plan

2,352 sq. ft. Home 4 bedrooms, 3baths 1 or 2 bedroom suite

Dave|Martin Dinh $379,000

CE PRI HED S SLA

NO HST|GST | O/S Garage 1650 sq.ft |3 bdrm |3 bath |6 appl. Walk to the beach and downtown Priced Below Assessed Value!

Bill Soreg

from

$299,000

Jazz Sohal

2647 Willow Grouse Cr. ·FULL legal side-by-side DUPLEX Lots of Parking Space Spacious Corner Lot Separate Meters, Great Potential!

Duplex Zoned Lot

$359,000

4971 Songbird Place Unit # 315 2 Bdrms, 2 Baths Gorgeous Views of Mount Benson Underground Parking

$199,900

Unit # 209 2 Bdrms, 2 Baths Corner Suite 1270 sq. ft.

Jazz Sohal

$239,900

#3 - 1906 Bowen Rd. Great Way to Start Owning! 2 Bedroom Townhouse Good for VIU Students Can be Rented

Dave Armstrong $179,000

Dave Armstrong

Dave|Martin Dinh $329,000 Bill Soreg

NEW PRICE!

Open House Saturday May 27th 1:30-3:30

344 Hirst AveParksville

215 Holland Rd.

5 Honey Drive

D UCE L! D E R SEL TO

Rob Borden

Easy retirement - Mobile Home South Nanaimo | 2 bdrms, 1 large bath Enclosed sunroom & 2 garden sheds Spacious living room & kitchen updates 55+ Park, quiet & well maintained View Online: www.5honeydr.com

Sharon Jensen

$79,500

Joe Buxton


16 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

THE JOHNSON GROUP

JIM JOHNS SON

M A R K E T I N G

JAY DELES SKIE

S Y S T E M S

3&4*%&/5*"- m $0..&3$*"- m */7&45.&/5 *//07"5*7& ."3,&5*/(

PROFESSIONAL PHOTOS

#&/40/ .&"%084 BENSON MEADOWS $998,888

NANOOSE BAY

r CFESPPN CBUISPPN r 4R 'U r "DSFT r CBZ HBSBHF

• Custom Camelot Home • 3 bed - 2 bath • 1080 sq.ft., custom shop • .52 acre

$659,888

/"/004& #": NANOOSE BAY $574,888

%&1"3563& #": DEPARTURE BAY $530,000

/035) /"/"*.0 NORTH NANAIMO $484,649

/035) /"/"*.0 NORTH NANAIMO $389,000

/035) /"/"*.0 NORTH NANAIMO $389,778

CEDAR

•r CFE CBUI 2 bed- bath •r "NQ DVTUPN TIPQ 200 Amp custom shop •r 4FSWJDFE OE CVJMEJOH MPU Serviced 2nd building lot •r QPXFS NFUFST 2 power meters • 5 Acres

r CFE CBUI r 1BOPSBNJD 0DFBO 7JFX r -FHBM -PUT r 4VJUF &BTZ

r CFE CBUI r DVM EF TBD r CFE MFHBM TVJUF r /FX )PNF XBSSBOUZ /0 )45

r CFE CBUI r CFESPPN TVJUF r -PX .BJOUFOBODF r "DSF -PU

r CFESPPN CBUI r CFESPPN TVJUF r -PX NBJOUFOBODF r *NNBDVMBUF 4IBQF

• 2 bed, 1 bath • Lake views • .49 Acre -- extensive renovations

L A D Y S M I T H

M U L T I - F A M I L Y

I N V E S T M E N T S

$259,000

$ 0 . . & 3 $ * " -

%"7*4 30"% 477 DAVIS ROAD $527,000

5) "7& 1244 4TH AVE $259,000

0-% $*5: OLD CITY $339,000

4065) /"/"*.0 SOUTH NANAIMO $348,700

4065) /"/"*.0 SOUTH NANAIMO $338,000

$&/53"- /"/"*.0 CENTRAL NANAIMO $548,000

5)& 4,: *4 5)& -*.*5 THE SKY IS THE LIMIT! $569,000

r CFE CBUI r $VTUPN )PNF r /FX )PNF 8BSSBOUZ /P )45 r )JHI &OE 'JOJTIJOH

r #FTU %FBM JO UIF DPNQMFY r &OE 4VJUF /P )45 r CFE CBUI

r 0DFBO 7JFXT r -FHBM %VQMFY r -FWFM -PU 3. ;POJOH XJUI TQBDF UP CVJME

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r -BOE "TTFNCMZ PQQPSUVOJUZ r 3. ;POJOH r )PNFT r SFOPWBUFE

r CFE CBUI r 3. ;POJOH r 3FDFOU 3FOPWBUJPOT r )JHI %FOTJUZ $PSSJEPS

r 4R 'U #VJMEJOH r "DSF 4JUF r .VMUJQMF PQUJPOT r 6OCFBUBCMF 1SJDF

BUSINESSES FOR SALE CEDAR

$199000 $199,000

• Best Deal in Nanaimo! • 2 bed 1.5 bath • Flat .25 acre Lot • Recent renovations

$&/53"- /"/"*.0 CENTRAL NANAIMO $134,000 r CFE CBUI r &YFDVUJWF SFOPWBUJPO r #VT 3PVUF r .BJO MFWFM FOUSZ

BUILDING LOTS FOR SALE

r #BHFMT .PSFr8PPEHSPWF .BMMr5PQ FOE FRVJQNFOU \3FUBJM^ r #PPL 4UPSFr$FOUSBM /BOBJNPr)JHI 5SBGĂ D $PVOU r )JHI 5SBGĂ D DPVOU 3FTUVSBOUr$FOUSBM /BOBJNPr &YUFOTJWF 3FOPWBUJPOT r 5ISJGU 4IPQr(SFBU -PDBUJPOr&YUFOTJWF JOWFOUPSZr1PSUBCMF

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8F IBWF "DUJWF #VZFST MPPLJOH GPS -FWFM 4R 'U -PUT

Ask about our Home Buyer & Home Seller Programs /BOBJNP+JN DPN m 0DFBOTJEF+BZ DPN More Photo’s online!

Call 1-866-664-3444 Anytime 24hrs a day!

VANCOUVER ISLAND REALTY #17–4980 Rutherford Rd., Nanaimo

$87,500

• Price includes RV • Waterfront

• Tennis courts • Fenced lot

$399,900

• Near Brannen Lake • 2247 sq. ft.

• Bonus room over garage • 2 car garage

$199,900

• Foreclosure • 1,129 sq. ft.

Roger Beck REALTORÂŽ Tel 250-756-9700 Fax 250-756-9705 Toll Free 866-457-2492

• Ocean front condo • 1/4 share unit

• 2 decks • 3 bathrooms

$219,900

• View of park • Cheater ensuite

• Laminate oors • Can be rented

Roger Beck CALL NOW!

Roger Beck CALL NOW!

Roger Beck CALL NOW!

Roger Beck CALL NOW!

Roger Beck CALL NOW!

$229,900

$269,900

$199,900

$254,900

$379,900

RED

Deborah Beck Administrative Assistant

• Ocean view • Great area

$194,500

• Ocean view • Can be rented

• 628 sq. ft. • Near beach

• Vaulted ceilings • 1,024 sq. ft.

• Open oor plan • Top oor plan

UC E

D

• Central Nanaimo • Built in A/C

• Small pet allowed • In-suite laundry

Roger Beck CALL NOW!

Roger Beck CALL NOW!

Roger Beck CALL NOW!

$119,900

$439,900

$279,900

• 2 bedroom • 1 bath

• Uplands area • Flat back yard

Roger Beck CALL NOW!

• Vaulted ceilings •1700 sq. ft. • Newly painted

• Close to shopping • Underground parking stalls

Roger Beck CALL NOW!

$359,900

rogerbeck@shaw.ca

www.rogerbeckhomes.com #17-4890 Rutherford Road Nanaimo, BC V9T 4Z4 • Ocean view mobile • Two bathrooms

VANCOUVER ISLAND REALTY Each OfďŹ ce is Independently Owned and Operated

• Carport • Pellet stove

Roger Beck CALL NOW!

• Quiet area • Wood oors • Heat pump

• Mountain views

Roger Beck CALL NOW!

• 0.8 of an acre • On the river • Private setting

• Close to shopping

Roger Beck CALL NOW!

• Ocean views • Hot tub • 3017 sq. ft. • Fully renovated

Roger Beck - CALL NOW!


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 17

We Never Stop Moving®

Vancouver Island Realty

Visit us at Long Lake Plaza Corner of Rutherford Rd. and the Island Hwy. 6266 Caprice Place $539,900

Great Starter Home $254,900

Location & Space $379,900

ING D N PE

m E OUS. 1-3 p H N n OPEt. & Su a S

• Quiet cul-de-sac • 3,000 sq. ft.

• Suiteable • Beautiful garden area

First Time Home Buyers Special! $239,900

• 2 bedroom • 1 bath

• Uplands area • Flat back yard

• Vaulted ceilings • 1700 sq. ft. • Close to shopping

• Newly painted • Underground parking stalls

• 2 bdrm/1 bath up • 1 bdrm/1 bath down • University District

MARK CLARK Managing Broker

• Perfect for rentals or first time buyers

Mike Phillips CALL NOW!

Susan Arman CALL NOW!

Roger Beck CALL NOW!

Rob Larsen CALL NOW!

Breathtaking Views $699,900

Perfect Family Home $259,000

Nanaimo Pub & Restaurant

Custom Home $459,000

BRETT ILLES

HARVEY DRDUL

CED U D RE JAY DELESKIE

• 0.39 of an acre • Luxury features

• 1400 sq. ft. home • Ocean front

• Views of the Lake • Close to schools

• 2 bdrm & 1 bath • RV Parking

• 285 Seats Pub • 90 Seat Green Olive Restaurant

• Includes all Equipment

• 4 bed, 3 bath • Interior Designed

• 2700 sq. ft. dbl. garage • Roughed-in suite

Mike Phillips CALL NOW!

Brett Illes CALL NOW!

Wayne Dumbrell CALL NOW!

Jim Johnson & Jay Deleskie CALL NOW!

University District $669,000

Updated Townhome $195,000

Panoramic Ocean Views $599,000

Luxury Custom-Finished Home $364,500

JIM JOHNSON

LIA VAN DEN BURG

MARK BRENNAN

• 4,000 sq. ft. • Kitchen built-ins • 5 bedrooms

• 5 bathrooms • Central locations

• 3 bedroom 2 bath • Completely updated

• Private Patio • Pets allowed

• Departure Bay area • 3600 sq. ft. home

• 4 bedroom & 3 bath • Double garage

• 5 bedroom, 3 bath • Quiet cul-de-sac

•Large Landscaped Yard • Suite Potential

Jim Johnson & Jay Deleskie CALL NOW!

Rob Larsen CALL NOW!

Lia van den Burg CALL NOW!

Mike Phillips CALL NOW!

Investor Alert $289,900

Hotel & Liquor Store

Quennell Lake $39,900

Luxury Lakefront Acreage $620,000

MIKE PHILLIPS

QUENTIN PROUD

ROB LARSEN

• 6 bedroom, 2 bathroom •Partially Renovated

• 2 bedroom suite •0.42 Acres

Mike Phillips CALL NOW!

• Flagged hotel • Totally renovated

• High traffic location

Wayne Dumbrell CALL NOW!

• 2 bdrm. mobile home • Lakefront

• Pad Rent $275 • Small peaceful park

Quentin Proud CALL NOW!

• 0.86 acres on Pristine Sproat Lake

• 86’ Beach Frontage • 12 minutes to Port Alberni

Mike Phillips CALL NOW!

SUSAN ARMAN

www.cbvanisland.com 250.756.9700 ROGER BECK


18 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Realty Executives... around the corner or around the world with 608 offices in 25 countries & 42 of those offices in BC & Alberta For help with your move across town and across the country call our Nanaimo office at 250.753.9688 or visit our website

www.realtyexecutivesnanaimo.com 3332 DEPARTURE BAY RD. $279,900

3730 DEPARTURE BAY RD. $304,900

Bright and spacious family home in Departure Bay! For details please contact Linda McKernan

Beautifully maintained & immaculate 3 bedrm, 2 bath rancher in desirable Departure Bay! The gorgeous, easy care backyard is quiet, peaceful & private. A must see!

563 NINTH STREET

$339,900

Wonderful ocean view family home near Nanaimo’s Parkway Trailway! Classic in design, this home offers 4 beds/den and 3 full baths. Fully fenced, private backyard! For details, contact Linda McKernan.

LINDA McKERNAN • lmckernan@shaw.ca • 250.753.9688 #315-5650 EDGEWATER LANE $224,000

UNIVERSITY 4 BDRM HOME – Great family home located steps to the University – 4 bedrooms, 2 bathrooms – This 2000 sq.ft. home has original oak flooring in the living room – Beautiful dogwood tree in the front yard – Large flat lot with mature landscaping. $259,900 Call Jason or Marilynn for more details

– Beautifully appointed condo in the Ambleside building – Very spacious, bright & inviting & includes a gas fireplace – Tastefully decorated throughout – Fabulous deal without any HST Call Jason or Marilynn for more details

1860 MEADOWLARK CRES. $329,000 – 2162 sq.ft., 4+ bedrooms – 2 kitchens, easy to suite the basement – New airtight woodstove – Large level lot is fully fenced in the rear Call Jason or Marilynn for more details

JASON OR MARILYNN • nanaimorealtor@shaw.ca • 250.753.9688 #21-103 ASHLAR AVE

$169,900

2 bedrooms, 900 sq.ft., patio home. Clean and very well maintained, vaulted ceilings, private fenced patio area, adjacent carport, storage unit, low strata fees ($159.00), low taxes, low maintenance, short walk to parks and waterfront. Age restriction 55+, New strata management company.

3040 HILL VIEW RD.

$429,900

Upper Lantzville with ocean view. Privacy & ocean views from this level entry 1800 sq. ft. rancher style home. Great room design with vaulted ceilings (living, dining and entrance area). Heated floors with new carpet in the bedrooms. 3 large bedrooms & 2 full baths. Large gourmet kitchen adjacent family room. Built in 1993 with silent floors, vinyl windows & 3 zone floor heat. New roof in 2010, large basement with workshop & future potential. Paved driveway for easy access with exposed aggregate turn around area. Large double detached garage - only 10 min. from major shopping.

6221 PLEASANT RIDGE PL. $377,500 (no HST) Moments from shopping and all amenities. 2582 sq. ft. in this 2 1/2 year old detached home.4 bedrooms and 3 full bathrooms. Level entry with walk out basement. Huge double garage. 1291 sq. ft. on the main and the same down. A great room design on the main level. High quality Maple cabinets & large pantry in kitchen - 3x6 all shelved. Lower level is similar quality with rec room and 2 bedroom. Full appliances and window coverings package included & no HST.

KEN WALKING • www.kenwalking.com • 250.755.9775

6185 ROSECROFT PL.

$284,900 Quality townhome in convenient north end location. Spacious and very functional floorplan features 2 bedrooms, 2 baths, formal living & dining rooms, roomy kitchen with eating nook. Master Bd has 4 pce. ensuite, vaulted ceiling in dining room, 2 sets of sliders to covered patio, end unit provides more parking and privacy. Exceptionally well maintained, newer gas F/P & furnace, built-in vac. Asking price of $284,900 (below current assessment) represents outstanding value, don’t delay, call Richard for a private viewing.

RICHARD NEMETH • Realty Executives Lantzville • 250.390.4575


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 19

Cell: (250) 616-9777

Cell: (250) 739-8900

Tel: (250) 756-2112 www.susangerrand.com

MID-ISLAND MORTGAGE & SAVINGS LTD.

SPIC AND SPAN

“The Name Friends Recommend” 394 Georgia ga

• New carpet • New paint • Vinyl windows

• Full height basement • $249,900

380 5th Streett • Huge 1/2 acre / subdividable • Character home • Great investment

$329,000

LOCALLY OWNED & OPERATED SINCE 1985 1064 Chase River Road

6262 Doverr • Ocean & Mountain views • Separate Esthetic Studio • RV parking • Super well cared for home

$394,500

• Over 1/4 acre • Fenced / landscaped • Private backyard • Loads of character

$269,900

$80,900

Ruxton Island

Where you can buy 2+ acres on Ruxton Island? Great recreation or holding. Right here - Call us.

INVESTMENT OPPORTUNITY - 1 BDRM CONDO. TENANT ALREADY IN PLACE $109,900. - BARONS RD.

RETIRE IN PLEASANT VALLEY MHP • Units 1, 4, 5 • All 2 bedrooms, walking distance to all amenities

If you are thinking of selling call us for a no obligation MARKET EVALUATION and a step by step guide to show you how we get your homes SOLD!

Lowest Ra tes In Nanaim o! Our locally Ou oca y owned o ed a and d operated services are prompt, professional and FREE ■ 24 Hour turn around ■ Pre-Approval ■ Purchases ■ Rental Properties ■ Refinances ■ Debt Consolidation ■ No Down payment ■ Credit Issues ■ Self Employed ■ 1st Time Buyers ■ Private Financing

www.midislandmortgage.com ❙ 12-327 Prideaux Street Call

250-753-2242 R

of Nanaimo Independently Owned and Operated Ph: 250.754.1223 TF: 1.866.619.3539

www.brentrussell.ca | brentkrussell@shaw.ca

Old House Village Suites and Spa

MODERN DESIGNED HOME

• 1 bedroom, 310 C&D $59,900 per quarter. MLS# 310912, 310906 • 1 bedroom, 309 C&D $74,900 per quarter with RCI points with each quarter. MLS# 303196, 303194 • 2 bedroom PENTHOUSE 312 C $149,900. MLS# 294826 • Hassle free investment, call for details

• Departure Bay Home with Ocean View • 3 bedrooms, 3 baths, 1844 sq. ft. • Low maintenance yard • Gorgeous Custom Kitchen • Very well maintained • MLS# 309575

$379,900

520 Cumberland Ave.

CEDAR HOME .60 ACRE CORNER LOT

• Fully fenced • 3 bedrooms, 1 bathroom • 2184 sq.ft.

1927 Woobank Rd.

• Unfinished basement with plumbing for kitchen & bathroom • Heat pump

$319,900

Great Investment Opportunity in the Comox Valley

FOR A FREE MARKET EVALUATION OF YOUR PROPERTY CALL BRENT AT

250.739.3633

17 ACRE WORKING GRAVEL PIT

d l o S • Turnkey operation • Lots of material and ning, variety of uses reserves on site • RM9 Zoning,

390 Nanaimo River Rd.

$495,000

For further details and more photos please visit www.brentrussell.ca


20 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Custom Drapery & Hardware

Wallpaper

Central Vancouver Island’s only

Dealership

Satisfaction guaranteed

NANAIMO’S #1 REALTOR for Sutton Group from 1973 ~ 2010

www.waynemyhal.com Professional Real Estate Marketing

Virtual Tours

Video Presentations

Photo Gallery

Twitter

Facebook

Bus:(250) 756-2112 • Res:(250) 756-7730 • Fax:(250) 756-9144 • Cel:(250)616-1792 • Email: wmyhal@shaw.ca Brand New Executive Home 2 Bedroom Legal Suite

Beautiful Home - Private Setting g - Ocean Views

GREAT GR AT PRICE!!!! PRIC Only $32 O On Only $ $324 $324,900 $324 24 900 9

✓ Over 2500 sq. q ft. of living area with ocean view ✓ 4 bedrooms, 3 bathrooms ✓ Backs onto Morrel Nature Sanctuaryy for g great privacy p ✓ Great University area location ✓ Bright g open p layout, shows immaculately

PRICED AT ONLY $218,000 $218 000

✓ Large one bedroom condo in prestigious longwood complex ✓ Private balcony with good southern exposure ✓ Open layout, good sized kitchen ✓ Gas fireplace, 2 storage units, underground parking ✓ Club house onsite, close to all shopping at longwood station

SUPER PRICE ONLY $469 $4 $469,900 9 900 9

SHARP HARP PRICE!!! CALL NOW NO

✓ Excellent investment property in a great north Nanaimo location off Hammond Bay Rd. ✓ Full side by side duplex 2 storey style with 3 upper bedrooms each side. ✓ Numerous updates, modern kitchens and flooring, great condition ✓ Large private yard, plenty of parking, close to bus route and services ✓ Great rental income, or you can live in one side and rent out the other.

Great Buy y At ONLY $319,900 $319 900

✓ Beautiful half duplex p in a great north nanaimo location ✓ 4 bdrms, 2-4 piece bathrooms ✓ Bright g open p layout, attached g garage g ✓ Quiet cul-de-sac, sprinkler system

✓ Over 2500 sq ft of luxurious living area ✓ 5 bdrms, 3 baths, extensive hardwood flooring ✓ Beautiful cherry maple kitchen with centre island ✓ Gas fireplace + heat pump, three decks ✓ Large private yard fully fenced + great landscaping ✓ Balance of 10 yr warranty

Beautiful Family Home Great Diver Lake Area!

Sharp Price!! Price! ONLY $325,900 $325 $ 900

4 Bedroom Half Duplex North Nanaimo

3 Bedroom Town Home University y Area

Sharply y Priced at ONLY $192,500 $192 $ 500 5

ONLY $419 900 $419,900

North Nanaimo Duplex ONLY $429, 900

Luxuryy Apartment Longwood!! g

✓ Beautiful 3 bdrm town home close to university ✓ Totally upgraded with new flooring, carpeting & paint ✓ Modern kitchen and bathroom ✓ Distant ocean views, fenced patio area ✓ Storage unit + 2 parking stalls

✓ Over 3080 sq ft of luxurious living ✓ Extensive hardwood - heat pump ✓ 5 bdrms + large den, 3 baths ✓ 2 bdrms legal suite, northern location ✓ Great room concept, beautiful maple kitchen

Executive Home Cinnabar Valley

✓ Extensive updates including new maple kitchen, foyer with tiled entry, new trim, paint and much more... ✓ 4 bedrooms, 3 bathrooms, bright open layout ✓ formal living and dining rooms, plus huge family room ✓ large private, nicely landscaped yard, with rv parking

Two Level Home with Large g Shop p

Super Price ONLY $2 $2 $284 $284,000 284 84 4 000 0

✓ Great central location near Bowen Park ✓ 4 bdrms, 2 bthrms, character style y home ✓ One bedroom unauthorized suite down ✓ Hardwood flooring, g open p layout y ✓ Large g p private lot, mostlyy fenced ✓ Great 20x20 detached shop with power

Save Thousands On Listing Commissions!!! Negotiable Commissions!!! Call Today For A Complete FREE Listing Evaluation And Commission Proposal!!!


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 21

Now

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• Brand new, ocean view townhomes, in Downtown Nanaimo! Don’t miss these 7 new townhomes with 1 to 3 bedroom units. Each unit has high end finishing with bamboo hardwood floors and porcelain tile throughout, custom alder kitchen cabinets with natural slate backsplashes, and stainless steel energy efficient appliances. • Enjoy gold and platinum Built Green ratings which will reduce your expected annual energy costs! How? These units have heat recovery ventilation systems, tankless hot water heaters, energy star appliances, and construction techniques that promote building green! • Quality Construction! Exterior and Interior quality finishing throughout. Not to mention earthquake protection with seismic anchors. Design by Delinea Design Consultations.

OPEN HOUSE

Saturdays & Sundays 1-4 pm

Located at

Nadine Shemilt

www.446milton.com 250.716.8822

International Nanaimo LTD

SPRING SALES EVENT FRIDAY-SUNDAY 1-4 PM

• 1 Bdrm• to Bdrm + Dento 2 Bedroom + Den 1 2Bedroom • Amenity Building

• Amenity Building • Full Appliance Package • Vaulted Ceilings • Electric Fireplaces • Pets and Rentals Allowed

OWN for as low as $

726

p/m *O.A.C., E&O

•Exercise Room • Entertainment Room

Luxury Condominiums

03269247-13147RE-Ker.indd 1

starting at

$

204,900

3/23/11 1:19:36 PM

Developer: Rega Properties Ltd.

Adam Paauwe & Jamie Ker • 250-716-7001


22 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Ocean Point Realty

250-245-3700 • 250-758-3700 www.remaxocean.bc.ca

Serving Lantzville, Nanaimo, Ladysmith, Chemainus, Crofton and beyond... 1635 sqft rancher situated at end of quiet cul de sac. Centrally located, close to schools and all amenities. 3 beds, 2 baths, 3 car garage with heated workshop. Open design w/cherry hardwood floors, 9 & 10’ ceilings, slate tile in entry and around gas fireplace. Custom kitchen w/cherry cabinets, open to the main living area. Large master bdrm has electric fireplace, walk-in closet & 3 pc ensuite bath w/skylight. Sliding doors off eating area lead to outdoor patio w/gas BBQ hook up & large landscaped fenced backyard. Balance of 2-510 year New Home Warranty remaining.

2035 Storey Rd.

1820 Meghan - $419,900

3 bed, 2 bath home in Park minutes south of Nanaimo. Comes with 2010 Sunset Trail 5th wheel (fully furnished with central vac, entertainment center, flat screen TV, huge master bedroom). Home is solid new building with additional living area, heated floors, large loft master bedroom, and second bath. Electricity included in pad rent. This is a very affordable home, or home away from home. Call now for an appointment to view this unique property. 69 - 1572 Seabird Rd. - $49,900

3 bedroom 14x70 home on one of the largest lots in the Timberlands family park. Easy care laminate and hardwood flooring, 2 large decks, covered carport, detached workshop, extra storage building, and a huge yard. Room for everyone. The newer washer & dryer, stove, fridge and dishwasher are negotiable. Call now to view your new home. Great ocean views. Semi-waterfront in Cedar-by-the-Sea minutes south of Nanaimo. New roof and skylight, thermal windows, hot water tank, remote fireplace. Half acre lot overlooks Dodd’s Narrows and Mudge Island. Beach access across road. Approx. 2000 sq. ft. on two levels, 1 bed/bath up, 1 bed/bath down. Huge family room on lower. Basement could be in-law suite w/sep. entrance. Carport, garage and pad for RVs. Panoramic views. No thru road in quiet neighbourhood.

$444,000 1055 Collier Cres.

Immaculate three bedroom, two bathroom rancher with mountain views, newer area of Cedar surrounded by other beautiful homes.

REDUCED

1310 Leask - $482,500

North Nanaimo. Nearly 3,000 sq. ft. home with 2 car garage. On a huge private lot with lots of RV parking. Room for everyone. great for a large family or possibly an inlaw suite in the level entry 2 bedroom lower floor. 3764 Avonlea

Two bedroom, two bathroom modular home. Very clean throughout, Jacuzzi tub, gas fireplace.

207-2560 Departure Bay Rd. $262,900 64-3560 Hallberg Rd.

$89,900

Very clean mobile home in family oriented park. Upgrades have been done.

Ocean view, two bedroom, two bathroom condo.

3-10860 Chemainus Rd. 33 - 3560 Hallberg - $59,700

Reduced by $25,000 $169,900

$88,900 1619 Benzon Cres.

$499,000

Three bedroom, two bath rancher on 2.5 acres in Englishman River Estates.

Professionally renovated mobile home from top to bottom. Almost like new condition.

MOTIVATED SELLER!

$329,900 409 Harewood Rd.

504 Duke St.

REDUCED $330,000

Investors alert 1250 sq.ft. up 2 bedroom & 1250 sq. ft. unauthorized two bedroom suite down

Four bedroom character home. Walking distance to all levels of school and University

CONTACT FRASER or STEPHEN GETTIN’ YOU MOVING IS OUR GOAL!

FRASER

Take our Virtual Tour at www.greatwestislands.com • Toll Free 1-888-291-5263 Thinking of selling? Do you know what your house is worth today? If you would like to find out, call us anytime and we will be happy to do a STEPHEN Free market analysis for you. You may be surprised. No obligation. stephen.ellis@shaw.ca

Your World With

Exquisite Design Our 2 hour consultations are customized to your PROJECT g Selection of Paint and Interior Finishes g Custom Window Treatments and Furniture Selection g Plumbing and Lighting Specifications g Space Planning and CAD Drawings

$300 per 2hr consultation. Contact us to book your consultation now. 250-751-0922 . www.bcinteriordesigngroup.com Suite 200 - 4311 Boban Drive, Nanaimo BC


$369,900

439 Alpen Way

OPEN HOUSES

THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 23

The Luxfords on Lexington (off McGirr Rd) EVERY SATURDAY & SUNDAY - 1 PM - 4 PM New Floor Plans To View

1823 - 2485 sq. ft., 3 bdrms., 3 bthrms. Prices Starting at $373,565 + HST

Blackcomb Ridge (Ridgemont Pl. - off Mountain Vista Dr.) OPEN HOUSE EVERY SATURDAY 1 PM - 4 PM

OPEN HOUSE May 21 & 22 - 1-3 pm • 3 bedrooms, 3 bathrooms • PLUS S a 1 bedroom LEGAL SUITE situated over the garage - VERY separate from the house; giving extra privacy, with its own entrance. Great for a student rental as it’s close to the University • Corner lot, .19 acre LOADS of parking. 10 year home warranty READY TO MOVE IN!!

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ADDRESS • 3280 Mercedes Way • Maveric Place (Maveric Rd)

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DATE & TIME Sat. & Sun. May 21 & 22, 2-4

PRICE $379,000

DATE & TIME Sat. 1 to 4

PRICE Starting at $237,900 (+ HST)

DATE & TIME Sat. & Sun. 1 to 4 Sat. & Sun. 2 to 4

PRICE $349,900 Starting at $299,900

DATE & TIME Fri. May 27 Only, 1:30-3:30

PRICE Starting at $299,000

DATE & TIME Sat. & Sun. 1 to 4

PRICE $349,900

DATE & TIME Sat. & Sun. 1 to 4

PRICE Starting at $189,900

Sat. & Sun. 1 to 4

CENTRAL NANAIMO ADDRESS • 1651 Fuller

OLD CITY

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Protection Island

Gabriola Island

Harewood Reservoir

Map courtesy of

ADDRESS • 344 Hirst Ave.

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Sat. & Sun. 1 to 4 Sat. & Sun. 11 to 1

PRICE $519,900 $87,000 Prices from $378,599 - $549,999 (incl. HST) Starting at $373,565 (+ HST) Starting at $249,900 (incl. HST) Starting at $399,900

PARKSVILLE

UD i es

DATE & TIME Sat. 2 to 4 Sun. 2 to 4 Fri.-Sun. 1 to 4

DEPARTURE BAY

19A

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ADDRESS • 4583 Sheridan Ridge • #31-6245 Metral Drive • Ocean View Terrace #102 - 5418 Jacobs Lane • The Luxfords #101-6206 Lexington Place (off McGirr) • Thyme Place (off McGirr Rd.) • Sheridan Vista Ewen Place

ADDRESS • Blackcombe Ridge 2153 Ridgemont Pl. (off Mountain Vista)

Lost Lake

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1-5140 Metral Drive Nanaimo, BC V9T 2K8

ADDRESS • 409 Poets Trail

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1214-1387 sq. ft. 2 bdrms + den, 2 bthrms Prices Starting at $249,900 + HST

UNIVERSITY DISTRICT

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NB CD--Nanoose Cedar Bay CD NC-- Cedar Central Nanaimo NC Central CR - Chase Nanaimo River CR RiverBay DB -- Chase Departure DB Bay DL --Departure Diver Lake DL Lake Bay HB--Diver Hammond HB Bay LZ --Hammond Lower Lantzville LZ NN- -Lower NorthLantzville Nanaimo NN North Nanaimo OC - Old City OC - Old City PV - Pleasant Valley PV - Pleasant Valley SN--South SouthNanaimo Nanaimo SN UP--Uplands Uplands UP UZ Upper Lantzville UZ - Upper Lantzville NJ- -North NorthJingle Jingle NJ PotPot SJ South Jingle SJ - South Jingle PotPot UD University District UD - University District BH--Brechin BrechinHill Hill BH EX--Extension Extension EX GI - Gabriola Island

Auld

Dickinson

Subarea Boundary Road

Thyme Place (off McGirr Rd) EVERY SATURDAY & SUNDAY - 1 PM - 4 PM

Full details & photos at www.thompsongodfrey.com

Call Bev to view

250-716-8822

1190 sq. ft., 3 bdrms., 2 bthrms. Prices Starting at $237,900 + HST

CD

ADDRESS • 446 Milton


24 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Ray

PELLERIN PEL L #1 Salesperson 2010! #1 Salesperson 2009!

RAY PELLERIN

275 - 2000 Island Hwy Nanaimo, B.C. V9S 5W3

250-756-1132

www.raypellerin.com

Lake Front Acreage - Yellow Point

Family Home - Forest Park

Modern two storey, 2 bedroom & 2 bathroom home on tranquil 3.35 acres with private dock on Quennell Lake. Barn includes 3 horse stalls, heated tack room, workshop, 70x90 riding ring. MLS# 314555 Asking Price

Ocean & mountain views, 2590 sq.ft., 5 bedrooms, 3 baths, level entry, walk out basement, numerous updates including vinyl thermo windows, newer roof, 2 gas fireplaces, new kitchen cabinets and new flooring. MLS# 314471

$689,000

Asking

Call Ray Pellerin at 250-756-1132

New Home - 3 Bedrooms + Bonus Room

North Nanaimo Townhome Two bedrooms, plus den, 2 full baths, 1155 sq.ft., centrally located to all amenities. Short walk to shopping, recreation and public transit. Pets permitted. MSL# 314415

$309,000

Asking Price

New Home - Basement Suite 10 New Appliances Included SIMILAR HOME

$675,000

3 bedrooms; two 4 piece baths on main plus legal 2 bedroom suite down, separate meters, hot water tank and laundry. Close to nature park and Chase River. Fully landscaped and fenced. MLS#302307. Asking

$349,000

Call Ray Pellerin at 250-756-1132

Call Ray Pellerin at 250-756-1132

Oceanview Saltair $349,000

$232,900

Call Ray Pellerin at 250-756-1132

Call Ray Pellerin at 250-756-1132

Nanaimo’s finest heritage home with ocean and mountain views. Walking distance to downtown. 4 bedrooms, 4 bathrooms, hardwood flooring; 10 foot ceilings, leaded & stained glass windows., custom built oak kitchen cabinets with granite counter tops. Viewings by appointment to qualified buyers. MLS#308717

$339,000

Call Ray Pellerin at 250-756-1132

1782 sq. ft. two storey home with 3 bedrooms, plus a bonus room/ family room & 3 bathrooms. Main level entry and enclosed garage. Colours and finishing options available to buyers. New Home Warranty. MLS#302697

Heritage Home Active B&B Operation

1-800-377-4372

Oceanside Condominium Cameron Island

Outstanding ocean, and mountain views. Most popular retirement community Saltair. 3 bedroom, 2 bath, 2000 sq. ft. of finished area, lovely private garden areas. MLS#311228

Like new condition, this 2 bedroom, 2 bath unit has many new upgrades. Wood flooring, carpeting, blinds and baseboard. New stainless appliances. MLS#310808

$319,000

Call Ray Pellerin

Asking

250-756-1132

Call Ray Pellerin at 250-756-1132

Luxury Townhome Ocean and Mountain Views Like new townhome in an award winning complex in north Nanaimo. 1750 sq. ft. 2 bedrooms, family room, 3 baths, open plan, vaulted ceilings, hardi-plank exterior, river rock and flagstone accents. Hot water radiant floor heating system, endless hot water system. MLS#301345. Asking Price

$365,000

Call Ray Pellerin at 250-756-1132

Price

Rural Acreage Yellow Point 5.4 acres of secluded acreage off a quiet country lane. Property abounds with fir, cedar, arbutus and maple trees. Glimpse views of Quennel Lake. Adjoins Wildwood Tree Farm. Zoning permits 2 residences. MLS# 307678 Asking Price

$339,000

Call Ray Pellerin at 250-756-1132


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 25

Helping you is what we do.™ CANADIAN BEST SELLERS SINCE 1913 WORLD WIDE CONNECTIONS / SETTING STANDARDS

Nanaimo Realty

Brooks Landing

Ladysmith/Chemainus

Woodgrove Mall

250-756-1132

250-245-2252

250-390-1098

w w w. r o y a l l e p a g e . c a | w w w. r o y a l l e p a g e n a n a i m o . c a VIEW WINCHELSEA ISLANDS OCEAN VIEW!! $369,900 3 bedroom half duplex on LASALLE ROAD. Beautiful kitchen, with breakfast bar, deck off dining room with beautiful ocean views. Fenced backyard with pad for RV. Sprinklers, no strata fee!

Call Diane Stasiuk to view! 250-741-7715 or Email: dianestasiuk@shaw.ca

For sincere, reliable Real Estate service whether selling or buying, call

SCOTT FORREST 250-756-1132

HOMESELLERS Find out what the home down the street sold for. FREE computerized list w/pics of area home sales & current listings.

www.NanaimoAreaSales.com Information provided by Darren Young, 250.729.1823

13595 DOOLE RD., CEDAR - $729,900 3100 sq.ft., home, 10.9 acres - 8 cleared & fenced. 30x30 barn, 24x30 sheep barn, 2 wells. Ideal for equestrian facility.

Call Steve Pakozdy 250-756-1132 stevepakozdy@shaw.ca

2279 Arbot Road - $395,900 5 bedroom, 3 bath Family Home with Views Call Dave Bains at 250-741-4529

WELL BELOW ASSESSED VALUE AT $209,900 2.5 Acres light industrial just south of Ladysmith at controlled intersection. CVRD zoning allows residence and many business options. Call Cyndi Beaulieu 250-245-2252 for details

LUXURIOUS CAMERON ISLAND CONDO 502 158 Promenade Dr. $619,000 • Huge Terrace plus deck • 1710 sq. ft. with 2 bedrooms and 2 baths • Gourmet kitchen with stainless steel appliances and granite countertops • Hardwood floors • Floor to ceiling windows with city and ocean views

Call Judy Malcolm 250.756.1132

NANAIMO TOWNHOUSE - $228,000 • North nanaimo townhouse • 2 bedroom, 2 bathroom + den • 1194 sq. ft. • Immaculate condition

Call Jessica Phillips for more info. Office 250.756.1132 Toll Free 1.800.377.4374

Almost LAKEFRONT!

$699,000 Grand open plan 7 bedroom home with over 5400 sq.ft., ocean, mtn & harbour view in Departure Bay on quiet, no thru road backing onto Cilaire close to shopping, schools & beach! Separate kitchen to create 2 or 3 bedroom suite.

Call Sandy Clark to view 250.668.9878

2 Bedroom, 1 bathroom oceanview condo in the downtown area.

$224,900 Call Stephanie Sandham @ 250.756.1132 to view this or any property.

#50 61 - 12TH STREET ASKING $76,900

Lovely west coast home across road form Lake Cowichan, southern exposure, vaulted ceilings, open plan living, floor to ceiling picture windows, sliding doors off living room & master bedroom onto expansive deck to encapture sensational lake & mountain views. RV parking, oversized single garage and new 1 bedroom suite with private patio & views too.

Renovated mobile in a quiet 55+ park. Steps to grocery store, pharmacy and restaurants. This clean two bedroom 1100 sq.ft. home offers a oversized covered deck, laminate flooring, drywalled master bedroom. Two spacious bedrooms with a recent den addition and a soaker tub. Bright kitchen, dining room and a large living room. Plenty of storage. Take a look today!

Call Sandy Clark $395,500 - 250.668.9878

Call Buddy McRae at 250-756-1132

COMMERCIALLY ZONED C11, LEGAL SUITE, AND OCEAN VIEW!!

13285 CEDAR ROAD $389,900

734 Terminal Ave. North. This well built 2880 sq. ft. beautifully kept 1950’s character home has original inlaid hardwood floors, 3 large bedrooms (upstairs), dinning room, kitchen with nook. The home has recently been remolded. The suite can have 1 or 2 bedrooms or large storage room. In Home workshop and lots of parking.

Country living just minutes to Ladysmith. Home with suite and shop on a 1.1 acres.

Please Call Hillary Reeves 250-713-8411

Call Cyndi Beaulieu 250-245-2252 for details

DISTRESS SALE

FIRST TIME BUYERS

www.NanaimoDistressed.com

Why Rent when you can Own? Homes for $800 - $1200 per month. Low & No Down Payment programs available. Receive a FREE No Obligation List w/ Pics www.AffordableHomesNanaimo.com

Information provided by Darren Young, 250.729.1823

Information provided by Darren Young, 250.729.1823

FILLINGER FOR $399,900!

QUIET, PRIVATE, COUNTRY LIVING, CLOSE TO THE OCEAN

Bank Foreclosures. Receive a FREE list w/pics of foreclosure properties.

- Very desirable North Nanaimo location. - Attractive 2200 sq. ft. family home - 3 bedrooms upstairs - Formal dining room & living room - Large open family room & a den - Eating nook in kitchen - Recently replaced roof - Updated flooring, baseboards & casings. - Priced for a quick sale

Call Wade Blake 250.616.7638

Attractive, newly sided Cape Code style home with rich hardwood floors, a bright kitchen, a den, a potential in-law suite and large deck area on .75 of an acre with 4 bay shop property.

$536,900 Call Wade Blake 250.616.7638


26 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011

Understanding Real Estate Terminology If you’re thinking of buying a home for the very first time, the process may seem a little confusing -- even intimidating. You’ll find yourself immersed in what may seem like a whole new language as you hear terms like “encroachments,” blended mortgage payments,” “buy-downs” and “debt service ratios.” To help you better understand the language of real estate, the Vancouver Island Real Estate Board has compiled a glossary of some of the most common real estate terms which you’re likely to encounter. When reading it over, keep in mind that the list is by no means exhaustive. Still, it’s a general list which will give you a basic understanding. Adjustment Date: The day from which all calculations of interest, tax adjustments, utility bill adjustments (if applicable) are made to the credit of either the buyer or the sellers. This is usually (not always) the same as the possession date. Amortization: The number of years it takes to repay the entire amount of the mortgage. Appraised Value: An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. Assessed Value: The value of a property, set by the BC Assessment Authority, for the purposes of calculating property tax. Buy-down: When the seller reduces the interest rate on a mortgage by paying the difference between the reduced rate and market rate directly to the lender or to the buyer. Closing: The real estate transaction’s completion, when the parties involved agree that all legal and financial obligations have been met and the deed to the property is transferred from the seller to the buyer. Condominium Common Property: The portions of a condominium development owned in common (shared) by the unit owners e.g.: pool, exercise room, lobby, etc. A strata fee is charged to every unit owner for the use of the common property. Condominium Ownership: Shared ownership in a strata-titled property. Owners have title (ownership) to individual units and a proportionate share in the common property. Conventional Mortgage: A first mortgage issued for up to 75 per cent of the property’s appraised value or purchase price -- whichever is lower. Conveyance: The term used to describe the process of transferring the seller’s title to the buyer and indicates all the necessary steps to complete the transfer. A conveyancer is a lawyer or Notary Public responsible for the conveyance process. Counter-offer: An offer made by the seller back to the buyer altering one or several terms and/or conditions of the offer as originally written.

Lien: Any legal claim against a property, filed to ensure payment of a debt. Mortgage: A contract between a borrower and a lender. The borrower pledges a property as security to guarantee repayment of the mortgage debt. Mortgage Insurance: Government-backed or private-backed insurance protecting the lender against the borrower’s default on high-ratio (and other types of) mortgages. Mortgage Life Insurance: Insurance that pays off the mortgage debt, should the insured borrower die. Mortgage Penalty: Is a fee paid by the borrower to the lender in exchange for being permitted to break a contract (a mortgage agreement); usually three months’ interest, but it can be higher or it can be the equivalent of the loss of interest to the lender. Multiple Listing Service® (MLS®): A current and comprehensive listing system for relaying property information to VIREB’s REALTORS. This service offers the widest exposure to properties listed for sale and includes total exposure on the Internet (mls.ca). Principal: The mortgage amount initially borrowed or the portion still owing on the mortgage. Interest is calculated on the principal amount. Property Condition Disclosure Statement: This form enables sellers to disclose known defects. If the seller decides not to complete the form and does not disclose known defects, he or she is still held liable. The form also serves as a checklist for buyers enabling them to address concerns about the property’s condition on the spot. The form was developed by the British Columbia Real Estate Association. Property Taxes: This levy is affected by location and is determined by local property tax assessment practice. Tax assessments are conducted by local governments. They are paid on an annual basis. Property Transfer Tax: Payment to the provincial government for transferring property from the seller to the buyer. However, first-time buyers are exempt under certain circumstances. REALTORS: Real estate professionals who are members of the Vancouver Island Real Estate Board and the British Columbia and Canadian Real Estate Associations. Only these professionals can call themselves REALTORS. Rights of Way: Are indicated on title at the Land Title Office; often for use of utilities or city or municipality on order to make repairs to pipes, etc.; no permanent structure may be built on a right of way. Statements of Adjustments: Closing statements in a real estate transaction which set out the sources of funds which make up the purchase price, adjustments to and from the purchase price, the final amount required from the buyer and the amount due to the seller. Lawyers will prepare a statement for the seller and the buyer.

Gross Debt Service (GDS) Ratio: This is the amount that a lender will permit a borrower to use from his/her gross income in order to qualify for a loan for housing costs, including mortgage payment and taxes (and condominium fees, when applicable). Total Debt Service (TDS) Ratio is the maximum percentage of a borrower’s income that a lender will consider for all debt repayment (other loans and credit cards, etc.), including a mortgage.

“Subject-To” Clause: A statement of a condition to be fulfilled before the contract will become firm and binding; must include a specific deadline for removal.

Deed: A legal document that conveys (transfers) ownership of a property to a buyer.

Title: The legal evidence of ownership in a property.

Easement: A legal right to use or cross (right-of-way) another person’s land for limited purposes. A common example is a utility company’s right to run wires or lay pipe across a property.

Title Search: A detailed examination of the ownership documents to ensure there are no liens or other encumbrances on the property, and no questions regarding the seller’s ownership claim.

Encroachment: An intrusion onto an adjoining property. Common examples are a neighbour’s fence, storage shed or overhanging roof line that partially (or even fully) intrudes onto your property.

Utility Taxes: Examples may include water, sewer and garbage (may include recycling levies).

Equity: The difference between the price for which a property can be sold and the mortgage(s) on the property. Equity is the owner’s stake in the property. Foreclosure: A legal process by which the lender takes possession and ownership of a property when the borrower doesn’t meet the mortgage obligations. High-Ratio Mortgage: Is a mortgage that exceeds 75% of the loan-to-value ratio; must be insured by either the Canada Mortgage and Housing Corporation (CMHC) or a private insurer to protect the lender against default by the borrower who has less equity invested in the property.

State of Title Certificate: A copy of the title which lists charges against the property e.g.: liens, mortgages, rights of way, etc.

Variable Rate Mortgage: A mortgage for which payments are fixed, but whose interest rate changes in relationship to fluctuating market interest rates. If mortgage rates go up, a larger portion of the payment goes to interest. If rates go down, a larger portion of the payment is applied to the principal. Seller Take-Back Mortgage: When sellers use their equity in a property to provide some or all of the mortgage financing in order to sell the property. This article was presented by the Vancouver Island Real Estate Board for the information and benefit of consumers.

The Vancouver Island Real Estate Board (VIREB) represents over 900 REALTORS and administers of the Multiple Listing Service® system north fo the Malahat to the northern-most reaches of the Island. This article was provided on behalf of VIREB REALTORS for the information and benefit of consumers. For more information, visit the Vancouver Island Real Estate Board’s website at www. vireb.com or call 250-390-4212.


THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011 – 27

OPEN HOUSE - Saturdays - 1-4 pm

Gabriola Island Retreat

BLACKCOMB RID BLACKCOMB RIDGE DGE

1190 sq ft, 3 bdrms, 2 bthrms, Near school, parks, recreation & shopping

DIVER’S LAKE TOWN HOMES - RIDGEMONT PLACE - (off Mountain Vista Drive) STARTING AT $237,900 (+ HST)

166 Heritage Dr. $549,900 2456 sq. ft., Level entry walk out bsmt., 3 bdrms-3 bthrms. Rocky Pt. Ocean views, Large family & rec room down.

1000 Pat Burns Ave. $329,000 1539 sq. ft. Westcoast style log home, 3 bdrms, 2 baths, large open floor plan. On .47 acre lot, A-frame vaulted ceilings.

6285 Dover Rd.

2096 Mountain Vista $429,900 2322 sq. ft., 5 beds, 3 baths, open floor plan, one bed legal bsmt suite w/separate entrance.

940 Townsite Road $271,900 3 bedrooms, 1903 sq. ft., fully fenced yard.

406-566 Stewart Ave. $399,900 , 1367 sq. q ft.,, Waterfront top p floor corner unit, Blding Envelope reno will be warranteed. Choose Your Colours

OPEN HOUSE Saturday & Sunday - 1-4 pm

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THE LUXFORDS ON LEXINGTON (Off McGirr Road)

1817 - 2485 sq. ft. Town homes, 3 bedrooms - 3 bathrooms, Luxurious open floor plans to choose from. Near parks, beaches, shopping & both levels of schools.

Prices starting from - $373,565

New Floor NOW Plan Re to Vie ady w!

(+ HST)

7946 Northwind Dr. $399,90 00 2914 sq. ft., 4 bdrms, 2 baths, private .57 acre lot, oak kitchen,, hardwood floors, 2 F/P, large newer back deck.

882 Howard Ave. $399,900 (+ HST) 3 bdrms PLUS 2 bdrm LEGAL bsmt suite, Popular Level entry walk out bsmt floor plan.

6033 Wardun Drive $429,900 4 bedrooms + den, 3 bathrooms, 2131 sq. ft. Private back yard. Lake view.

2179 Mountain Vista Drive $407,900 4 bdrms, 3 baths, legal one bdrm suite, extensive renovations throughout.

2275 Ashlee Road $375,000 2775 sq. ft., 4 bdrm, 3 baths, large family rm down, 2 gas f/p, fully fenced, large lot, RV parking, S. Exp.

Detached Office also on Property

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THYME PLACE (off McGirr Road) 2710 Beaver Creek Cres. $339,000 2112 sq. ft., 5 bdrms, 2 baths, nicely updated home, large private fully fenced lot, 11,360 sq. ft.

Prices starting at - $249,900 (+ HST)

6151 Bellflower Way $304,900 1290 sq. q. ft., N. Nanaimo patio home, one level - n no stairs, 2 bdrms, 2 baths, gas f/p, vaulted ceilings.

6147 Dennie Lane $379,900 + HST 2013 sq. ft. 3 bdrms-3 bthrms, S exp. views Brannen Lk & Mtn., Hardwood floors, Skylights, Vaulted ceiling, 5 piece ensuite.

#19-571 Bradley St. $245,000 000 0 1204 sq ft, 2 bdrms, 3 bthrms, Adult oriented, Gas F/P, Backs onto park.

7 Morgan g Place $225,900 , 1436 sq. q ft.,, 3 bdrms,, 2 baths,, bright open floor place. Some ocean views.

IN WESTWOOD/ COLLEGE HEIGHTS

Nanaimo Travellers Lodge g

90 bed senior care facility located near the Regional Hospital on 1.87 acre property. Zoned P2. Call for further details.

1298 Nelson St.

$4.5 million

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5938 Ralston Dr. $386,500 1635 sqq. ft. rancher, 2 bdrms, 2 baths, bamboo hardwood floors, gas f/p, low E windows, fenced-landscaped back yar yard.

1950 Woobank Rd. $539,900 3961 sq. ft. 3 level home with 564 sq. ft. 2nd bldg/ofc on .919 acre lot, 4 bdrms/3 bthrms. Ex. lrg. lot, heat pump, BI vac.

GRE A NEW T PRIC E!

6 PRIME BUILDING LOTS 184 Nottingham Dr. $478,900 2665 sq. ft., 3 bdrms - 3 bthrms. Fully finished bsmt, 2 lrg decks. On .29 acre lot. Ocean view home in Departure p Bay. y

SIMILAR HOME

141 Westwood Road $649,900 3.43 Acre Development Property. Potential for 14 lot subdivision.

OPEN HOUSE Saturday & Sunday - 1-4 pm

18 unit townhome development in N. Nanaimo off McGirr Road. 1214 - 1387 sq.ft., 2 bdrms + den, 2 bthrms, 9ft ceilings, Built by Harbour Homes. Now selling.

$371,950

1588 sq. ft. rancher, 3 bdrms, 2 bathrooms, open plan, level fully fenced back yard, southern exposure & large deck.

5168 Simmher Place $329,900 3 bedrooms, 3 bathrooms. Built in 2008. Vaulted ceiling, open floor plan.

3379 Edgewood Dr. $459,900 1748 sq. ft., 2 bdrm, 3 bath, 2 level Departure Bay Detached Townhome, Panoramic Ocean/Mtn/City Views. 2 lrg. decks, Huge window w/views.

Data & measurements are approximate & should be verified if important

Some Lots With Ocean, City & Mountain Views Address

Size

Price

322 Radcliff 317 Dorchester Pl 312 Dorchester Pl 1298 College Dr. 1290 College Dr. 1284 College Dr.

7,885 sqft. 7,616 sqft. 8,355 sqft. 8,228 sqft. 7,573 sqft. 12,163 sqft.

$185,000 $215,000

1965 Woodridge Road $459,000 3 bedrooms, 3 bathrooms, 1832 sq. ft. .49 of an acre in Cedar.

Sunny Southern Exposure

3241 Serabi Pl. $449,900 2628 sq ft, 4 bdrms, 3 bthrms, Heat pump, 9 ft ceilings, Lrg rec room.

3 lots only - $184,900 total!

SOLD $165,000 $165,000 $179,000

937, 941, 945 Haliburton St. $184,900 Commercial Building Lots, Ocean View, Good highway exp. Includes 3 lots total of 29,900 sq. ft.


28 – THE NANAIMO REAL ESTATE REVIEW, MAY 19, 2011


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