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Suite Deal!
• 1,630 sq. ft., 3 bath, 3 bdrm single story "Rancher"
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MLS®
$278,000 CAD
- Lots of home for the $$$
Deep Bay, Artisan Square
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Cottage get-a-way, retirement or just plain getting back to simple life living. The opportunities are endless. Totally renovated home offering 3 bedrooms (one is an open den), open living & kitchen area with the added benefit of a studio suite. Perfect for the child that never wants to leave home, an elderly parent or a caretaker for when you're not there. The studio could also become a really nice big master bedroom. Nice big windows brings in tons of light. Good storage and parking for a small car in the garage. Half acre lot is fairly private with RV parking and enough room to build a workshop. Within walking distance to Deep Bay Marina and a very short drive to down town Bowser where you'll find everything you need. Measurements are approximate and should be verified by buyer if important.
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So what is the West Coast market doing? Due to the changes CMHC (Canadian
Mortgage & Housing Corporation) made, as of April 19th, the market in
general has not necessarily come to a halt, however it has slowed. The
intention CMHC and the Canadian Government had was to slow the market down
in Toronto, Vancouver and Calgary. Not great for markets such as ours here on
the Island and other small communities, especially Kelowna and other parts of
Canada. The reality is, when interest rates go up, prices come down. When the
rules for qualifying for a mortgage are made harder to achieve, prices soften. I
agree, most of the retiree's most likely to buy here in our lovely retirement area isn't going to need a mortgage,
however the person buying their home does, therefore creating a ripple effect
all the way down to the first time buyer whom has essentially been pushed out of
the market entirely. Combine all of this with finally getting some warm weather and the total misunderstanding out there, in general, of how the HST effects real estate and we have a slower than usual market. The good news is, the savvy first time buyer, with great credit, will get off the fence and take advantage of some of the great opportunities available to them. I know you're out there!!!
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Hard to Find Rancher w/ Walkout Basement
• 2,288 sq. ft., 2 bath, 3 bdrm 2 story "Main Level Entry walkout basement"
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MLS®
$385,000 CAD
Bowser/Deep Bay, Qualicum Beach
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Hard to find, exceptionally well kept 3 bedroom rancher with walk out full height basement. The perfect retirement home with enough space for all the visiting family & friends not to mention a place for all the toys. Tons of room for the RV with full hook up, boats & trucks. Party size deck overlooking a good size .5 acre lot, with fruit trees, doubles as a covered parking area or 2nd patio area for the lower floor. Huge recroom with 2nd bath down could easily be turned into a suite. The balance of the area currently has tons of storage or use as a workshop. The area is great. Bowser has a lot to offer with all the amenities one needs. All measurements are approximate and should be verified by the buyer if important.
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QUIZNOS SUB SHOP
• 2,000 sq. ft. single story
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MLS®
$300,000 CAD
- BUSINESS OPPORTUNITY
Downtown, Parksville
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Fantastic business opportunity in Parksville BC. Well established and successful franchise with strong sales history. Great revenue and ideal location with excellent lease. Also includes a non franchise ice cream operation in addition to the business. Be your own boss in this proven successful business. Own and operate or own and have manager operate- the choice is yours. Easy ownership and all systems in place for a seamless transition to new owners. Current owners will train new owners. Confidentiality agreement required. New owners are subject to Franchisor approval. Measurments are approximate and should be verified by the buyer if important.
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It's been awhile since we last wrote and as always
we hope this newsletter finds you and your family well. The
above title pretty much says it all when it comes to what's happening in
our local market in regards to prices. 11 months has now passed with
little or no change to the average cost of buying a home. Some pockets
of the market are experiencing a very slight increase although, it's
still very much a Buyer's market. This despite an improving provincial
economy. Higher mortgage rates and tighter credit conditions for
low-equity home buyers and investors will squeeze some prospective
buyers out of
the market this spring, which will continue to keep the balance of the
buyers in drivers seat. Interest rates had to go up in order to keep the
market from taking off
and having a bigger burst in the bubble than we experienced during the
fall of 2008 and the beginning of 2009. The multiple offers we read and
hear about are geographical, which is why we had hoped CMHC would have
implemented tighter credit conditions in those markets that are doing
better than rest. The good news is, if you take a look at our local stats, you'll see the activity,
for single family home sales, is way up. The next page breaks the
market information into detail, it shows that 48% of the single family
homes on the market are selling. Certainly better than the 33% a year
ago. It's not a Seller's market until this number gets into the high
60's low 70's. The only part of the market that isn't doing as well, is
the apartment style condo's. Only 18% of those listed are selling
compared to the 13% last year for the month of March. How's it
going in our world you ask? We're doing phenomenal! We've
surpassed our first 1/4 of last year by leaps and bounds and I expect
our
area to stay active, regardless of what the news is telling you. A
reminder since our last newsletter we've implemented some added
features. New links to items we feel will be of value to you. Like
knowing the real truth today's real estate market,
our market statistics, among a few other
interesting bits of information. The best part is the Business Directory. It's constantly
under construction so be sure to check it out often. The folks listed in
this directory are people we have worked
with and believe do a great job. We just want to make sure you know who
they are too. If you have a business and would like to be included give
us a shout, we'll be happy to get you connected. We of course
are never too busy to serve you in any way we can. If you have a
question you would like answered personally, be sure to give us a
shout. It's a Good Life! Enthusiastically, Dawn
Setter for the Team of Setter and Associates
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Location! Location! Location!
• 1,722 sq. ft., 3 bath, 4 bdrm single story "Rancher"
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MLS®
$395,000 CAD
Qualicum Beach, Central Island
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Location! Location! Location! An easy walk to town, trails, civic center and pool. 3 new bathrooms as well at the kitchen, windows, some flooring, & decks. Master bedroom addition makes up the 4th bedroom, however, it could be a great family room as well. Good size windows make for a very light and bright home. A great spot to retire to or raise your family. Exceptionally large lot should qualify for the Town’s new rules to allow for a second dwelling. All measurements are approximate and should be verified by the buyer if important.
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Execllent Deep Bay Location
• 2,242 sq. ft., 2 bath, 4 bdrm 2 1/2 story "Westcoast Contemporary"
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MLS®
$350,000 CAD
Bowser/Deep Bay, Qualicum Beach
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One of the nicest homes in ever so popular Kopina Estates, a quaint neighbourhood within Deep Bay. A one owner home and it shows. Exceptionally well kept 2 1/2 level home offering 4 bedrooms, 2 full baths and lower level with media room. Upstairs dormer bedrooms are spacious and have oodles of character. Wrap around decks overlook meticulously cared for yard and peeks of the ocean. Garden sheds, green house and workshop. RV parking, steps to the beach, a minutes drive to Deep Bay Marina and the Village of Bowser a short 20 minute drive to Qualicum Beach and 35 to Courtenay. All measurements are approximate and should be verified if important.
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• 1,432 sq. ft., 2 bath, 2 bdrm apartment "Patio style home on the water"
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MLS®
$500,000 CAD
Pacific Shores, Nanoose Bay
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Fantastic sunsets, amazing ocean view and beach activities to watch all at your door step. Live full time, put it in the rental pool or do a little of both. The 2nd bedroom is designed to be locked off as well so the options are endless. One of the best locations on the site with a truly west exposure. Nice open plan with some updating is perfect for entertaining friends or family. Master bedroom with double sided fireplace separating the soaker tub and ensuite from the master living area. Sliding doors to patio areas makes for easy access to the beach for endless walks. All this and more right on the fringe of Parksville. All measurements are approximate and should be verified by the buyer if important.
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OPPORTUNITY KNOCKS
• 1,450 sq. ft., 2 bath, 3 bdrm single story "Rancher"
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MLS®
$315,000 CAD
- PRICED TO SELL
Bowser/Deep Bay, Qualicum Beach
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An excellent opportunity for anyone looking to create a bit of sweat equity. 3 bedroom, 2 bath home in need of new flooring, paint, and maybe new counter tops in the kitchen. A 950 sqft workshop with 12ft doors and very high ceilings is perfect for the work from home carpenter, mechanic etc. This is an estate sale, the home is being sold as is where is. All measurements are approximate and should be verified by the buyer if important.
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INDEPENDANT LIVING FOR SENIORS
• 857 sq. ft., 2 bath, 2 bdrm single story "Patio Home"
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MLS®
$220,000 CAD
- MADISON COURT
Downtown, Parksville
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Madison Court offers a senior lifestyle that ensures independent living while allowing an optional addition to dining services at a very affordable price. Choose to join other residents in the main lounge & gather around the fireplace for coffee and tea served daily at 10:00 a.m. & 3:00 p.m. Freshly painted, south facing, 2 bedroom, 2 bath patio home with partial vaulted ceiling in the living room makes for a nice open plan. Has it's own private entrance from the patio which is also perfect for soaking up the sun. Housekeeping services are available once a week for cleaning and laundry at a reasonable $178.00 per month. Close to all kinds of shopping & an easy walk for the active retiree. This home shows like new & is ready to just move in. All measurements are approximate and should be verified by the buyer if important.
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Excellent Opportunity For Growth
• 1,664 sq. ft., 2 bath, 3 bdrm single story "Rancher"
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MLS®
$295,000 CAD
- Priced to Sell
Bowser/Deep Bay, Qualicum Beach
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3 bedroom 2 bath rancher on one of the nicest streets of Deep Bay/Bowser. Rural living at its best. Wide open floor plan with vaulted ceilings & huge rooms. Home was moved onto this lot and has had almost everything done. A great retirement or first time home buyer in a great area. Home will be sold "as is" "where is". All measurements are approximate and should be verified by the buyer if important.
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"THE BEACH CLUB"
• 1,274 sq. ft., 3 bath, 2 bdrm single story
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MLS®
$200,000 CAD
- QUARTER OWNERSHIP
The Beach Club, Downtown
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LUXURIOUS VACATION HOME right on the best beach on Vancouver Island on the old site of the famed Island Hall in Parksville. Top floor unit, one of the few that offers fantastic summer sunsets. This 2 bedroom beauty has a spacious open concept main living area with floor to ceiling never ending views of Georgia Strait. The master suite is very roomy with a luxuriously appointed ensuite and the second bedroom locks off so it can be rented out separately or used by your guests when you are in the residence. This was one of the most sought after locations at the Beach Club and now it can be yours to enjoy for a guaranteed 12 weeks out of every year. Take the time for yourself to enjoy the views, restaurants, spa or just relax and stroll the beach. When you can't be here, have the management team rent out your suite to help offset the costs of owning hour piece of island paradise. All measurements are approximate and should be verified if important to the buyer.
Property information
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Bowser/Deep Bay, Qualicum Beach
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The single story at 95 Blackbeard Drive has been sold.
Property information
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• 1,946 sq. ft., 2 bath, 2 bdrm single story
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MLS®
$500,000 CAD
Qualicum Beach, Central Island
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Stunning panoramic views of the Strait of Georgia and Gulf Islands! Located in beautiful Qualicum Beach, take in the scenery when living here in this rare West Crescent Rd condo. 1,946 sqft, level entry, has been well kept. 2 bdrm + den, 2 bath home boasts an open floor plan, spacious kitchen, natural gas fireplace, and stunning Ocean Views from the living area, dining area and the master suite. Secured entry, elevator, 2 underground stalls for parking and bonus garden areas to enjoy. Offering both luxury and comfort, this 55+ complex is only a stones throw away from shopping, golfing, nature trails, recreation centre with pool and spectacular beaches to walk. Retire in style! All measurments are approximate and should be verified by the buyer if important.
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NATURE AT YOUR DOOR STEP
• 1,816 sq. ft., 2 bath, 4 bdrm single story "Rancher"
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MLS®
$370,000 CAD
Bowser/Deep Bay, Qualicum Beach
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Your very own nature reserve right in your backyard. Beautiful bright 4 bedroom, 2 bath home backing onto a seasonal creek & a second’s walk to Wildwood Park & Trail System. You’ll feel right at home from the minute you walk in the door. Cozy, yet open plan, perfect for entertaining or quiet family time, allowing everyone to be a part of the occasion. Large living room picture windows allow the beauty of the outdoors to come in. Access from both the living room and exceptionally large master bedroom to wrap around decks & the tranquil sound of a garden pond. Nice roomy ensuite offering his & her sinks, bidet & walk-in shower. Good size walk-in closet offers enough space for his clothes too. On the other side of the home you’ll find 3 large bedrooms. Perfect if you work from home, expect lots of company or need a room for each child. Spring is just around the corner bringing with it a garden of sheer delight. Separate workshop, all very private, located just minutes from the small town of Bowser for your shopping needs, 20 minutes to Qualicum Beach, 40 minutes to Mt. Washington or the Comox Airport. All measurements are approximate and if important should be verified by the buyer.
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