REAL ESTATE












Real estate sales in the qathet region during July 2023 were up considerably from July of the previous year.
“Home sales posted a solid rebound from last year’s July figures but remained well below average levels for this time of year,” said Neil Frost, president of the Powell River Sunshine Coast Real Estate Board. “New listings have been trending at moderately tepid levels, but it seems like the de-
$11,627,900, in July 2022.
There were three mobiles and manufactured home sales, valued at $754,500, in July 2023, and none in July 2022.
2022.
Totals indicate 28 residential sales, valued at $18,676,025, in July 2023, compared to 19 residential sales, valued at $12,577,800, in July 2022.
On the nonresidential side, there were five parcels of vacant land sold, valued at $1,066,000, in July 2023, compared to one parcel, valued at $505,000, in July 2022.
Grand totals for real estate sales indicate 33 sales, valued at $19,742,025 in July 2023, compared to 20 sales,
month of July.
“With overall inventories at relatively healthy levels, it would seem an opportune time for previously sidelined buyers to get back into the market, particularly as prices now seem poised to resume growing,” said Frost.
There were 166 active residential listings at the end of July 2023 and 93 nonresidential, for a total of 259 active listings at the end of July 2023. Active listings were 12.1 per cent above the five-year average and 0.9 per cent above the 10-year average for the month of July.
According to Canadian Real Estate Association (CREA) statistics, home sales were 27 per cent below the fiveyear average and 31 per cent below the 10-year average for the month of July.
CREA statistics indicate on a yearto-date basis, home sales totalled 159
units over the first seven months of the year. This was a substantial decline of 23.2 per cent from the same period in 2022.
In terms of local real estate sales statistics, there was a higher percentage of local buyers for July, making up 60.9 per cent of the purchases, according to Frost.
He added that 21.4 per cent of local sellers retired and moved out of Powell River, and that City of Powell River sales remain high compared to qathet Regional District sales.
Of the buyers who were traced, three were from the lower Sunshine Coast, three were from Vancouver Island, two were from the Lower Mainland and outlying areas, one was from Alberta and one was from outside Canada.
Year-to-date, 49.2 per cent of sales were local and 50.8 per cent were out of area.
It is simple. Whether buying or selling, clients can have the confidence in knowing that when they choose “Max”, they choose experience and knowledge. He brings proven, excellent negotiating skills to the task. Clients can also feel good knowing that when they call Max, they are choosing “the nice guy”, who listens and is able to think outside the box!.
Let him show you around, Max has the keys to ALL homes on the market, regardless of brokerage or listing agent! When you call Max, you get Max, no confusion, no team, you get Max.
Since contacting Max about my interest in a home, he has continued to support me as a new home-buyer through the whole process. Max did a specialised email search for homes that suited my criteria. Max was well informed providing trustworthy information, explanations and answers to my questions. He followed through with all our arrangements, and is now a friendly and accountable acquaintance in my new community.
When we first arrived in town he was the only Realtor who followed up with information promised and returned calls quickly and professionally. Max is very personable and professional. He has outstanding practical knowledge
This property can do it all! If you’ve been waiting for a sign to leave the busy city and move to a rural property with every amenity for a peaceful lifestyle dream come true - this is it! This gorgeous 9.86 acre property has Myrtle Creek running through, it’s own pond as well as a path that leads down to a section of secluded lake. More than enough water to keep animals and gardens and conveniently located right across from the Garden Centre. This main level living home with heat pump to keep you comfortable and laminate flooring throughout has a large kitchen, an extra bedroom downstairs and plenty of space to create more rooms for a growing family, or, given Texada’s Zero Vacancy, take advantage of suite or airbnb potential as it has separate sliding door access. Too much paradise for you? Subdivision potential! Too many gorgeous trees? Harvest some of that timber!
7160 Hazelton Street • $844,900
OCEAN VIEW CENTRAL & UPDATED WESTVIEW HOME - main floor features an open kitchen out to deck or into dining and front room and large master bedroom with ensuite and walk in closet. Second bedroom upstairs has a great view of the backyard. Downstairs has three additional bedrooms, two bathrooms and is fully-suited or could be opened up to enjoy the whole house. There is even an ocean view from downstairs! Large covered sun deck in the private back yard and a one car garage off the house for your convenience. Loads of room to park your boat or rv with two more off-street parking spaces. Hot water tank 2018, new roof 2019, new appliances 2019, new floors 2020.
MLS: 17065
BREATHTAKING PANORAMIC OCEAN VIEWS! This 3-year-old home is stunning. Perfect for your growing family or retirement life. Main-level entry has everything you need from open living space complete with 3 bedrooms and 2 bathrooms. Beautiful kitchen is bright with stone countertops, crown moulding & stainless appliances. Your large living room & deck offer panoramic ocean views.
Private 3-bedroom, 1-bath home with oceanview located in Westview. Spacious lot with established apple and nut trees, has potential for a large shop, outdoor activities and a lot of parking for all your toys. Oceanviews and beautiful sunsets can be seen from your living room. Gorgeous original fir floors can be seen in several rooms throughout the house.
You have the option to have your mortgage interest considered “tax-deductible” depending on how you use the property.
Property generates rental income
When it comes to rental properties and your mortgage interest, you are able to claim back all (or a portion) as the interest is considered part of the operating cost for a rental. What you get back will depend on the proportion of the space rented and the length of time the property was generating rental income. Property is your primary residence
Writing off mortgage interest on a primary residence is known as the Smith Maneuver, whereby you turn your mortgage into an in-
vestment loan. On average, utilizing this method will allow a typical 25-year mortgage to be fully tax deductible in 22.5 years.
Here’s what to do:
• First you need to get a readvanceable mortgage. This type of loan combines your mortgage with a home equity line of credit.
• The purpose of this is that, as you pay down your mortgage, your HELOC will increase. This allows you to borrow more money again as the mortgage is being paid down.
• You then utilize the HELOC and borrow to invest.
• Now that you have made your HELOC an
investment loan, you can claim the interest you pay as a deduction against your income.
The risks
Keep in mind, problems can arise if a homeowner spends the funds as opposed to reinvesting them. Tax refunds have to flow through the investment cycle in order to realize the benefits of paying down the mortgage –and making as much of the interest tax deductible as possible.
Additional shortterm risk includes your cash flow as there is always the possibility that interest rates will rise, thereby driving up the cost of borrowing at the same time as markets falter, resulting in a negative client monthly cash flow for a brief
period of time.
Next steps
Before changing your mortgage or doing any
investing, it is important to consult your certified financial planner and your mortgage professional to ensure you are making the right
moves to best suit your needs and situation.
Cait Holmes is a mortgage broker in the qathet region.
it up for market and then bring in our tools for getting an online virtual tour done for every listing. An upbeat video featuring the high points is great for social media and for the majority of buyers looking online. Exceptional professional photography is an eye-catching callout to the many buyers looking in our area. Call or text me for a market evaluation.
This captivating 5-bed, 5-bath waterfront home, is situated on a .58-acre lot with 100’ of pristine waterfront. Bask in the breathtaking ocean views that grace the open concept kitchen, dining, and family room, seamlessly blending coastal design elements. The kitchen includes updated stainless steel appliances and expansive counters. Residence combines elegance and functionality, with thoughtfully designed main featuring a living room, bedroom, laundry room, powder room, and full bath for everyday convenience.
9800 VIEW ROAD
$1,799,900 MLS®17328 - Listed by Josh Statham- 460 Realty
The lot is exquisitely landscaped with convenient irrigation, patios, pergolas, fire-pit and RV pad complete with power and sani connections. Main-level-entry home features bright, open floor plan centered around the spacious teak kitchen with stylish rattan cabinets, glass tile backsplash and island with breakfast bar; cozy living room with pellet stove, cathedral entry, home office and wrap-around deck complete an ideal main level.
8745 PATRICIA ROAD
$2,199,900 MLS® 17396 - Listed by Josh Statham- 460 Realty
WATERFRONT VILLA. Level-entry home with open-concept plan and walk-out basement has just received a massive kitchen upgrade with Merit cabinets and huge waterfall island. The great room is bathed in natural light, amplifying the imported Italian porcelain tile floors, contrasting beautifully with the custom-made wrought iron railings. Launch your boat, kayaks or paddle boards right from your back yard. The property is fully fenced and expertly landscaped with tiered gardens blending with natural elements.
2108 MAHOOD ROAD
$1,988,800 MLS®17388 - Listed by Josh Statham- 460 Realty
This seaside estate overlooks Myrtle Rocks just 5 minutes south of the city of Powell River. Brand-new custom-built home is main-level-entry, with a vibrant open great room, spacious view deck, main-level master with guest rooms upstairs and a fully-contained two bedroom walk-out suite downstairs. Set on a park-like two acre property the privacy and tranquility of this turn-key waterfront package is a must see!
8447 HIGHWAY 101
$2,249,900 MLS® 17391 -Listed by Josh Statham- 460 Realty
COMMERCIAL PROPERTY OPPORTUNITY!
Excellent visibility and a great central location make this Westview property a bonafide contender for those looking to secure a commercial property. Currently vacant, easy to view, with multiple uses permitted. C-1 Municipal Zoning allows for retails stores, personal service establishments, civic use, traveller accommodations and more.
4460 JOYCE AVENUE
$299,900 MLS®17259 - Listed by Josh Statham - 460 Realty
This move-in-ready unit in a quiet, well-run park in a peaceful rural setting is the epitome of affordable living. Offering tons of living space with the large country kitchen, dining room and spacious front room with vaulted ceilings. This home has three bedrooms, plus an attached den for hobbies, and a spacious covered deck to extend your living space. Located on a quiet no-thru street nestled among nature with easy walking trail access, but still close to all amenities.
8-7520 NOOTKA STREET
$249,900 MLS®17463 - Listed by Josh Statham - 460 Realty
POWELL LAKE FLOAT HOME. Situated 20-minute boat ride from Mowat Bay or offering privacy and tranquility. The cabin on its own float, complete with wood-fired massive front deck as well as ramps, floats private patios off the main level, full-height 10975 POWELL
$324,900 MLS®17185 - Listed
EXCELLENT DOWNSIZING OPPORTUNITY! Beautiful brand new build lowmaintenance rancher located in a quite semi rural 45 year plus community is only minutes from city center and boasts one of the lowest tax rates in town. This energyefficient, two bedroom plus den, two-bathroom home is extremely well appointed and includes; a double car garage, 9’ ceilings, in floor radiant heating, hot water on demand, high end finishings throughout, and landscaped yard with irrigation system.
205-7440 NOOTKA STREET
$499,000 MLS®17171 - Listed by Josh Statham - 460 Realty
EXCELLENT DOWNSIZING OPPORTUNITY! Beautiful brand new build lowmaintenance rancher located in a quite semi rural 45 year plus community is only minutes from city center and boasts one of the lowest tax rates in town. Ownership includes use of clubhouse with common area and well equipped gym. There is also storage options for RV’s, boats, and more. Don’t delay, book your must see in person appointment with us today!
210-7440 NOOTKA STREET
$519,000 MLS®17174 - Listed by Josh Statham - 460 Realty
IN-TOWN ACREAGE! This level 1.6 acre Lake provides the best of both worlds, with just minutes from all amenities. Meticulously property is fully accessible and backs on ready and offers three spare bedrooms, and bright, open living spaces.
7230 TATLOW
$785,000 MLS®17378 - Listed
4058 Saturna Ave exceeds the building standards of today’s new homes. Lifetime roof warranty, Step code 3 certified-superior energy efficiency, upgraded insulation, and heat recovery ventilator system are just a few of the many enhancements you will find with this semi-detached 3 bedroom plus bonus room home. Inside the main level of this two-storey home you will find spacious open concept living with 13.5 ft ceilings, cozy gas fireplace, and large bright windows. Kitchen has premium appliances.
4060 SATURNA AVENUE
$849,900 MLS®17092 - Listed by Josh Statham - 460 Realty
Set on a 9.5 acre wide-fronting corner lot just 10-minutes south of the municipality of Powell River, with fields, gardens, green space and fencing, and offering a movein-ready split-level home and multiple outbuildings including detached garage, twolevel barn, well-house and chicken coop.The house offers attached carport and large deck, main-level-entry with open and bright floor plan, full bathroom, laundry and home office, and much more.
2239 MCKENZIE ROAD
$899,900 MLS®17127 - Listed by Josh Statham - 460 Realty
HIGHLY DESIRED NEIGHBOURHOOD!
a beautiful home offering ocean views spacious 0.23-acre lot in an established and recreation. The main level features and ocean vistas, allowing you to enjoy The updated sundeck connects the dining 3411 CARIBOO
$899,900 MLS® 17332 - Listed
OCEAN VIEW ELEGANCE. Located on desirable Centennial Drive, just minutes from town, but offering a private, landscaped, ocean view oasis like none other. This stylish two story home has got incredible curb appeal and trendy interior design. Ground level walk-out suite is ideal for guests, mortgage helper or short term rental. Enjoy views from both levels, with the bright, open main level featuring chef’s kitchen, family room, formal dining and living room, plus a dream primary bedroom.
8170 CENTENNIAL DRIVE
$1,198,900 MLS®17426 - Listed by Josh Statham - 460 Realty
Desirable walk-in main-level entry, stunning sunset and panoramic ocean views, 13 foot vaulted ceilings, and extra large double car garage, are just a few of the great qualities this property has to offer. This 4 bed 4 bath smart home has a very flexible floor plan that features a sound proof media room, private home office with french doors, heat pump with AC for all year comfort, hot water on demand. Ground-level basement has potential 2-bedroom in-law suite.
5431 HEMLOCK STREET
$1,199,900 MLS® 17099 - Listed by Josh Statham - 460 Realty
RARE DEVELOPMENT OPPORTUNITY.
corner lot with mature timber and stunning of ownership is evident in this bright and there are two large shops, multiple out buildings, two wells (drilled and shallow), two septic’s convenient location just 20 minutes from
3830 HIGHWAY
$1,249,900 MLS®17100 - Listed
Situated just past the Hole in the Wall, a short the Shingle Mill, in a large protected bay has plenty of docking space, a utility shop wood-fired hottub, a 30’ x 35’ fenced back patio, floats and breakwater. The cabin features two rock fireplace with woodstove.
POWELL LAKE
Listed by Josh Statham - 460 Realty
LAKE VIEW DEVELOPMENT OPPORTUNITY. This three-parcel land assembly on a quiet side road in Cranberry is comprised of three separately titled R2 (Single and Two-Family) lots. Lot B has 95’ of frontage on Drake Street with 132’ flanking a side lane with further road dedication. Lots C and D are both 66’ x 145’ backing on to Lot B. Develop the lots as is, or re-zone and subdivide in to as many as eight CD4 lots.
LOT B, C, D DRAKE STREET
$399,900 MLS®16482- Listed by Josh Statham - 460 Realty
THREE LEVEL TOWNHOUSE! This beautifully renovated townhome in the popular Nootka Townhouse development is one of a kind. Main-level-entry town house is open concept, with a stunning new kitchen, three bedrooms upstairs, and two more plus a rec-room downstairs. Affordable turn-key living with ocean views and walking distance to Westview Elementary, beach, trails and public transit. Don’t miss out! Call today for your private viewing.
2-3870 JOYCE AVENUE
$469,900 MLS®17497 - Listed by Josh Statham - 460 Realty
acre property tucked behind Cranberry with a peaceful, rural feel and city services, Meticulously landscaped, fenced and hedged, the on to a creek. Turn-key rancher is move-in spacious primary bedroom with ensuite
TATLOW STREET
Listed by Josh Statham - 460 Realty
This stylish two-storey home is main-level-entry, with an open floor plan, three bedrooms upstairs, plus a fully contained one-bedroom ground level suite; ideal for mortgage-helper, Air BnB, or family. The open-concept main level features a bright and comfy great room, custom-kitchen with ceiling height cabinets, quartz counters, eat-up island, and pantry. Large windows provide ample light in the cozy living room, and there’s a spacious covered patio to extend your out-door living space.
7285 EDGEHILL CRESCENT
$799,900 MLS®17256 - Listed by Josh Statham - 460 Realty
IMMACULATE GRIEF POINT HOME with AMAZING OCEAN VIEWS!
This custom-built two-storey home is located in the desirable grief point area and is only minutes away from first class walking trails, amenities, and Beach Gardens Marina. Custom kitchen features spacious eat-up island, shaker style cabinets, gas range, pantry, and is open to formal dining and living rooms. Master bedroom boasts a beautiful six piece ensuite and large walk in closet.
3470 SELKIRK AVENUE
$849,900 MLS® 17265 - Listed by Josh Statham - 460 Realty
NEIGHBOURHOOD! Welcome to 3411 Caribou Ave, views from the main floor. Situated on a established neighborhood near marinas, trails, a cozy living area with a gas fireplace enjoy breathtaking sunsets every evening. dining area and well-appointed kitchen.
CARIBOO AVENUE
Listed by Josh Statham - 460 Realty
OPPORTUNITY. 19.5 acre wide-fronting freehold stunning ocean view on non- ALR land. Pride and solidly-built, 3-bed, 3-bath home, plus buildings, and well built cabin. There are septic’s systems, established gardens and town.
HIGHWAY 101
Listed by Josh Statham - 460 Realty
With over 5,000 sq ft of fully finished custom-living space, this home truly has it all. Located on a quite cul-de-sac in one of Powell River’s most desirable neighbourhoods this 6-bedroom 4-bathroom home includes; beautiful ocean and mountain views, 19’ ceilings, open-concept kitchen, private sundeck with outdoor gas fireplace, steam shower in master ensuite, theatre and games room, large inlaw suite, double car garage, fenced backyard, and more.
3551 SELKIRK AVENUE
$1,549,900 MLS®16989 - Listed by Josh Statham - 460 Realty
PRIME DEVELOPMENT PROPERTY! This ocean view development in Central Westview is a rare find! Four large RM1 cul-de-sac lots with ocean views are ready to be subdivided, and a large RM3 medium density multi-family residential section is ready for your big ideas. This desirable level parcel is nearly 2.5 acres.
LOT 0 MANSON AVENUE
$1,100,000 MLS®17360 - Listed by Josh Statham - 460 Realty
LIVE YOUR LAKEFRONT DREAM. This custom-built home on the shores of Cranberry Lake boasts 4,500+ square feet, convenient main-level entry with walkout suite on a wide quarter-acre lot. This home is full ICF for the utmost in efficiency. The great-room features chef’s kitchen, formal dining and cozy living room with fireplace, all enjoying stunning lake views and natural light. The primary bedroom has a private covered deck with hot tub, large walk-in closet and spa-like ensuite.
7050 CRANBERRY STREET
$1,669,900 MLS®16755 - Listed by Josh Statham - 460 Realty
Tiny home development in the community of Van Anda on Texada Island is a new and unique offering. Each lot is prepared and ready for your tiny home with community septic connection, power and Van Anda water system connections. Bring in your own unit or customize one with the developer. Ideal for affordable year-round living on the largest Gulf Island, with ferry services, amenities and unlimited outdoor adventure.
Custom home in a stunning neighbourhood! With 5 bedrooms, 5 bathrooms featuring ocean views, a West Coast design, main-level entry, legal one-bedroom suite and over-height triple garage, the possibilities are endless! The open and bright kitchen features all that a cook needs to entertain – a large island, pantry, and nearby laundry. Primary bedroom opens to the deck and features a beautiful 5-pc bathroom and walkin closet. The living room is light and open with a gas fireplace. Two more bedrooms are on the main with a convenient, connecting bathroom to enjoy.
This semi-waterfront, 5-bedroom, 3-bathroom home is filled with character and charm. Recently renovated kitchen opens to a bright living room complete with coved ceilings and unobstructed views of the Salish Sea. The primary bedroom is spacious with a large closet and reading nook to enjoy the views. Two bedrooms on the main and a bedroom in the basement, this home provides ample living space. Partly finished basement, ductless heat pump, Terracotta tile flooring and sunset views, a perennial garden area with patio make this home a dream property.
WESTVIEW CHARMER. Meticulous 3-bedroom, 1-bathroom, split-level family home with some ocean views is ready for its new owners! Enjoy the bright and open main living space featuring original refinished oak flooring. An easy layout for any family with three larger bedrooms up a few stairs along with main bathroom. Downstairs is a large rec room that could be reconfigured to suit your needs, and a large laundry area. A spacious backyard with storage shed has potential for a large shop, outdoor activities, and plenty of parking for all your recreational vehicles.
SUPERB BUSINESS OPPORTUNITY
- ‘Nancy’s Bakery’ - first time on market in its 32-year history. Prime Lund harbour location with new lease and excellent growth opportunity. Management in place. World famous Cinnamon buns! $319,900 ( MLS ® 17389)
FOR LEASE - Two Prime Retail units - (C) 1,627 sq.ft and (D) 4,929 sq.ft. - high visibility, C1 zoning, ample parking, ideal for variety of commercial / retail uses $15-$18 psf, triple net. ( MLS ® 17292) ( MLS ® 17293)
FOR SALE OR LEASE - 12,300 sq.ft. steel frame WAREHOUSE with offices on 3.55 Acres - north of town. Ample power, privacy, secure acreage. $10 psf, triple net ( MLS ® 17184)
DEVELOPMENT SITE FOR SALE - 5.8 acre prime Riverfront lot in Port Alberni. RM-1 zoning residential (low density) - scheme in place for 31 bare land strata lots. Spectacular location and views. $2,449,000 ( MLS ® 935323)
TURNKEY FOOD & CATERING BUSINESS - ‘Sunny Deli’ in Townsite Market is an exceptional delicatessen and catering business. $199,500 ( MLS ® 17493)
FLOWER BUSINESS FOR SALE -
‘Chrysalis Flower and Gifts’excellent location near Public Library. Owner retiring after 14 years. 1,400 sq. ft. RETAIL SHOP, plus 850 sq. ft. bonus basement Reasonable rent, new lease $88,000 ( MLS ® 17398)
Basements are frequently exposed to moisture and humidity. This is partly because rain can accumulate near the foundation of your home. Keeping it dry will help you avoid a host of problems. Here are four ways you can make your basement more water-resistant.
1. Repair cracks
It’s normal to see fine lines appear in your foundation over time. However, large, deep cracks can allow water to seep inside. It’s important to promptly repair these fissures with a moisture-proof sealant to help prevent leaks.
2. Apply waterproof paint
Waterproof paint prevents water from seeping into your home by creating a vapour barrier for your foundation. However, this safeguard is ineffective in severe weather or flooding. Therefore, it’s best used together with
other measures.
3. Adjust your ground level
It’s important to ensure that the land slopes downward from your foundation so that water can flow away from your home rather than into it. The ground may even out over time, so you’ll need to add soil periodically to maintain the right grade.
4. Install a French drain
A French drain system redirects water away from your home’s foundation to a designated location. This solution is well-suited to properties with insufficient space to allow for sloped-ground drainage.
Local waterproofing specialists can assess your home and determine what combination of strategies is best for your basement.
Rare Texada Island Gem. 7 heritage acres, some in meadow and some in mature Douglas Fir Forest with Hemlock and Alder. Seasonal creek that runs through the property, great soil and many fruit trees including a century old Walnut tree. Two cabins, both with vaulted ceilings, each has a wood stove and is hooked up to power, water, and septic. Drilled well (2022), Several outbuildings including a shop.
Meticulously-maintained rancher in sought after Wildwood. This gorgeous 3-bed, 2-bath, single-living home has everything you’d want in a new home: on demand hot water, in floor heating, ductless heat pump as well as a double car garage. The large primary has a generous walk-in closet and spa like ensuite complete with soaker tub. It is also fully fenced and has mature foliage around the whole property.
Consumers are increasingly concerned about their ecological footprint and want to support companies that care about the well-being of their employees. When it comes to furnishing, decorating or renovating their homes, sustainability and eco-responsibility reign supreme. Here’s an overview of some of the trends in interior design.
Furniture
Locally designed and manufactured furniture made from recycled materials is all the rage. Be wary of extremely cheap imported furniture, as it may have been manufactured using toxic products by companies that don’t value human rights. Various shops also sell second-hand furniture in excellent condition. Keep an eye out!
Accessories
It’s becoming less and less common to buy new cushions, rugs or picture frames just to throw them away after a few years when they get broken or discoloured. Just as in the clothing industry, fast fashion is receiving criticism in the world of interior design because it contributes to the depletion of natural resources and feeds landfills.
Material
When refinishing your floors, for example, opt for wood certified by
the Forest Stewardship Council (FSC) or a composite material made from wood residue or recycled plastic. When it comes to painting, look for paints made from renewable minerals or plant-based raw materials. If you need to rework the structure of your home, opt for recycled steel.
Finally, if you need to buy new household appliances or replace your doors and windows, choose products with an ENERGY STAR rating.