All posts by Lorne Gait

Near New Character Home

Near New Character Home

1146 Timberwood Drive
Near New Character Home

Presenting a nearly new, stunning, and affordable 3 bed and 2 1/2-bathroom character style home.  This home is perfect to call your own.  Driving up to the home you will notice the great curb appeal and parking for two cars– one in a deep single garage and one in front of the garage. 

Entering the home from the covered porch, you will find a spacious main floor area which includes a living room with natural gas fireplace, and a gorgeous kitchen and dining area, perfect for family living and entertaining.  The kitchen includes beautiful stainless steel appliances, an island, and a walk-in pantry.  Entertaining and recreation is able to be extended into the backyard through a patio door off the dining room, with a gas hook up available for your BBQ.  Next to the kitchen is the laundry/storage/utility room, a 2-piece powder room, as well as the entrance to the garage, with additional storage available in the crawl space.

The back yard is fenced.  It is perfect for pets, and is landscaped with grass, shrubs and a lovely patio area.  The upstairs has a spacious master bedroom with walk-in closet and en-suite with tub/shower, as well as two other bedrooms and a third 4-piece bathroom. This home is in pristine condition, and has remaining new home warranty. Located in a quiet South Nanaimo area of newer homes (Timberwood Trail),  it is close to beautiful walking trails, schools, VIU, Nanaimo Aquatic Centre, and amenities. A rare find! Call or text Lorne Gait at 250-618-0680 for more information or a viewing.

Pictures of the Near New Character Home

 A Map to this Near New Character Home

Here is a Map for you.  This map is from the Nanaimo Airport to 1146 Timberwood Drive.

Video of this Near New Character Home 

For more information or a viewing . . . let’s get in touch.  Lorne at 250-616-0560 or leave a message at Get In Touch

 

Vancouver Island Water View Home

Vancouver Island Water View Home — Now Sold

Vancouver Island Water View HomeCheck out this Vancouver Island Water View Home with Suite.  It has been updated and is ready for you to make into your next home.  If you want a viewing or more information, let’s get in touch. . . Lorne at 250-618-0680.  or get in touch through this web site.  GET IN TOUCH

840 2nd Ave, Ladysmith, BC.

Relax and enjoy the breath-taking views of the ocean, islands and Town of Ladysmith in this stylish three-bedroom plus den character home. While nestled on a hillside, take in the tranquil seascape from live edge breakfast bar or on the upgraded deck. This home has undergone a full transformation from flooring to windows, a modern Beautifully updated Ocean View homestyled kitchen, LED lighting, plumbing, electrical and so much more. There are two meters for hydro and two heating systems. The upstairs is heated with a natural gas forced air furnace. The home would be perfect for anyone whether you are an individual, couple or a family. The ground floor unit has successfully been used as both a rental and B& B accommodations. This unique home is worth the viewing time. Let’s get in touch . . . Call or text Lorne or Morgan at 250-618-0680.

 

For more information or a viewing . . . let’s get in touch.  Lorne at 250-616-0560 or leave a message at Get In Touch

 

Vancouver Island Real Estate Market Update March 2020

Vancouver Island Real Estate Market Update March 2020

Realtor and Associate Broker Lorne Gait has just prepared for you

Vancouver Island Real Estate Market Update

this Vancouver Island Real Estate Market update March 2020.  Lorne is a professional working in the mid Vancouver Island area,  He is based out of the Royal LePage Nanaimo Realty office in Ladysmith, BC.  Because of his many years of experience, he can help you with Real Estate needs from Victoria through Campbell River.  Let’s get in touch and talk about your Real Estate Needs . . . Lorne at 250-618-0680.

Vancouver Island Real Estate Board Statistics analysis

The Vancouver Island Real Estate Board also has its own Vancouver Island market Update to the end of February. This article is well worth reading.  Check it out: VIREB ANALYSIS.

Summary Thoughts

For the most part, the Vancouver Island Real Estate market is fair for Buyers and for Sellers.  As we began the year some higher priced homes did sell.  This was encouraging because this was not quite the case in 2019 

For homes with moderate prices, the market is in a state of balance.  If Seller prices reasonably, she/he will sell to Buyers who want to Buy.  Neither Buyer, nor Seller has a huge advantage.

One unknown at this point is the impact of flu bugs and viruses.  There is a tremendous about of concern about the Coronavirus.  If folks turtle and stop going out and about, then it will have some impact on the Real Estate Market.  We really need scientists and politicians to do their very best for the folks.  We really need warm spring weather to bring us health and well being after a cool winter.

If you want to talk in more detail about the things that might cause our Vancouver Island 2020 Real Estate Market to go up or down, let’s get together and talk.  Our cell to call to text is 250-618-0680.

If you are selling, we can help you get the best possible price in this market.  If you are Buying, we can help you find a deal for the home of your choosing.

Lets Get IN TOUCH

Here are the stats for Nanaimo – 02-Feb 2020 Nanaimo Graphstats

And here are the stats for Cowichan – 02-Feb 2020 Cowichan Valley Graphstats

 

Seasons Greetings from Vancouver Island Real Estate
Happy Fall from Vancouver Island Realtor Lorne Gait and Morgan Fisher.

2020 Forecast

Vancouver Island Real Estate 2020 Forecast

Realtor and Associate Broker Lorne Gait has just prepared for you

Vancouver Island Real Estate 2020
Vancouver Island Real Estate 2020 Forecast

this Vancouver Island Real Estate 2020 Forecast  for the central Vancouver Island area.  Lorne is a professional working in the mid Vancouver Island area,  He is based out of the Royal LePage Nanaimo Realty office in Ladysmith, BC.

Vancouver Island Real Estate Board Statistics analysis

The Vancouver Island Real Estate Board also has its own Vancouver Island market Update to the end of November. This analysis looks back at the 2019 market and speaks to the coming trends.  Check it out: VIREB ANALYSIS.

Summary Thoughts

For the most part, the Vancouver Island Real Estate market is fair for Buyers and for Sellers.  In some areas and in higher price ranges, the market is moving to be a Buyer’s market where the Buyer has more say about what she/he will accept for the purchasing of homes. 

For homes with moderate prices, the market is in a state of balance.  If Seller prices reasonably, she/he will sell to Buyers who want to Buy.  Neither Buyer, nor Seller has a huge advantage.

If you want to talk in more detail about the things that might cause our Vancouver Island 2020 Real Estate Market to go up or down, let’s get together and talk.  Our cell to call to text is 250-618-0680.

If you are selling, we can help you get the best possible price in this market.  If you are Buying, we can help you find a deal for the home of your choosing.

Lets Get IN TOUCH

 

Here are the stats for Nanaimo – 11-Nov 19 Nanaimo Graphstats

And here are the stats for Cowichan – 11-Nov 19 Cowichan Valley Graphstats

Finally, here is a link to the VIREB Stats:  VIREB STATISTICS

Seasons Greetings from Vancouver Island Real Estate
Happy Fall from Vancouver Island Realtor Lorne Gait and Morgan Fisher.

Nanaimo Home for Sale

Nanaimo Home For Sale
   NOW SOLD!

Nanaimo Home for Sale.  Welcome to this near-new immaculately kept 3 Bed and 3 BathNanaimo Home for Sale family home in a vibrant, newer neighbourhood. This 2-year-old West Coast Contemporary detached duplex features a bright open concept on the main with 9-foot ceilings.

The Kitchen features white shaker style cabinets, loads of counter space and a large island with breakfast seating. The appliances are stainless steel with a natural gas stove. The kitchen opens to the Living Room, featuring a cozy natural gas fireplace. A family size Dining Room, with access to your lovely patio and fenced back yard, rounds out this level.

Upstairs you will enter a large Family Room area, with built-in computer station. The Master Bedroom features a walk-in closet and en-suite bath. There are two more spacious bedrooms, a 4-piece Bath and a Laundry area on this level. The fully fenced private back yard is perfect for family fun and entertaining. This home is close to shopping, schools and many city amenities.

For more information or to schedule a viewing call or text Lorne Gait at 250-618-0680 or email at lorne [at] lornegait [dot] com

Video of the Home  . . .

Pictures of the Home  . . . view these . . . but we have more . . .

 

If you want to find your way to this property, here is a map from Nanaimo Airport to this beautiful  Nanaimo Home for Sale

Guiding you  . . .  to a beautiful Nanaimo home on Vancouver Island at 523 Steeves Road, Nanaimo BC — A Beautiful Family Home.

 

Lorne Gait and Morgan Fisher are professional realtors who can help you find your perfect Nanaimo Area Home. To start the conversation follow this link — Get in touch.

Ladysmith Creek Front Home

Ladysmith Creek Front Home
  NOW SOLD!

Ladysmith Creek Front Home giving you a luxurious lifestyle.  Enjoy this top floor updated two bed and two bath

310 - 1244 - 4th Ave Ladysmith, BC
Enjoy Vancouver Island Waterfront at this luxury Town home at the Executive at the Creek.

townhome at the Executive at the Creek.

This home is located on the far end of the building and offers a quiet and private area with excellent views of the landscaped lawn area and creek, from the Deck, Master Bedroom and Second Bedroom.

The appliances have been replaced with new washer/dryer and black stainless-steel kitchen appliances. The carpets and the lighting have been upgraded. Fresh paint adorns the walls. This home has a gas fireplace with fan. Gas is included in the strata fee. The bedrooms are large and spacious, and the master has a large walk in closet and en-suite bathroom.

A storage locker and underground parking spot are available for your exclusive use. A bike storage area is shared by the residents. The Complex has some excellent facilities including a resistance pool, a hot tub and a gym. Recent landscaping upgrades have been done to the property and provide great Rock Creek views.

For more information or a viewing, let’s get in touch. Lorne or Morgan at 250-618-0680. Click on the multimedia tab for a slide presentation.

Video of the Home  . . .

Pictures of the Home  . . . view these . . . but we have more . . .

 

If you want to find your way to this property, here is a map from Nanaimo Airport to this beautiful  Ladysmith Creek Front Town Home  . . .

Guiding you home . . .  to an ocean view home on Vancouver Island at 310 – 1244 – 4th Ave — a Ladysmith Creek Front Home

 

Lorne Gait and Morgan Fisher are professional realtors who can help you find your Vancouver Island Waterfront or Waterview  home. To start the conversation follow this link — Get in touch.

September 2019 Real Estate Market Update

September 2019 Real Estate Market Update 

Realtor and Associate Broker Lorne Gait has just prepared for you this Vancouver Island September 2019 Real Estate Update market update for the central Vancouver Island area. Lorne is a professional working in the mid Vancouver Island are based out of the Royal LePage Nanaimo Realty office in Ladysmith, BC.

VIREB (Real Estate Board) Real Estate Market Update

The Vancouver Island Real Estate Board also has its own Vancouver Island market Update. Check it out: VIREB ANALYSIS

Summary Thoughts

The Vancouver Island Real Estate market is hanging in there.  There are approximately 20% or so less sales this year over last.  This depends on the kind of property and price of the home.  This is likely a result of provincial government rule changes for foreign buyers and for owning secondary properties in the urban areas of Vancouver, Victoria, Kelowna and Nanaimo.  As well the Canadian Federal Government ongoing rule changes regarding mortgages for Buyers is continuing to have impact.

In spite of these taxes, there has been so much pent up demand for housing.  Buyers are still wanting reasonably priced homes, condos and town homes.  This is helping to keep prices steady.  Likely affordable homes are at historic highs even to this day.  

Higher priced homes need to be priced competitively.  Look at what has sold and price reasonably in light of past sales.  

If you are selling, we can help you get the best possible price in this market.  If you are Buying, we can help you find a deal for the home of your choosing.

Lorne and Morgan would love to help you with your real estate needs. Let’s get in touch . . . at 250-618-0680.

 

Here are the stats for Nanaimo – Nanaimo Graphstats to the end of August 2019

And here are the stats for Cowichan – Cowichan Valley Graphstats to the end of August 2019

Finally, here is a link to the VIREB Stats:  VIREB

Seasons Greetings from Vancouver Island Real Estate
Happy Fall from Vancouver Island Realtor Lorne Gait and Morgan Fisher.

New BC Real Estate Taxes

New BC Real Estate Taxes

Vancouver Island Realtor Lorne Gait helps Buyers from Vancouver and Alberta to understand the new BC Real Estate Taxes

Here are links to BC Government Web sites for the new taxes . . .

BC Speculation Tax

BC Foreign Buyer Tax

The Speculation Tax is a new tax which is designed to make housing affordable in the province’s downtown core areas.  This affects Victoria and Nanaimo on Vancouver Island.  If you want to own a second property in BC and you are thinking about Vancouver Island, these areas might be ones to avoid if you would be frustrated with an additional tax rate each tax year.

The Foreign Buyer tax is a new tax which is a one time tax to foreign Buyers which which to Buy in BC’s higher density areas.  In this case it includes much of Victoria’s Capital Regional District and the Nanaimo Regional District.  This tax is a hefty 20% extra on the purchase price.  There are lots of fine details which we can drill down into — especially for rural properties.

Lorne and his team can help you find the right property which will meet your real estate needs.  Let’s get in touch  — LINK

Real Estate Market Update – June 2019

Mid Year 2019

Realtor and Associate Broker Lorne Gait has just prepared for you this mid year Vancouver Island Real Estate Update market update for the central Vancouver Island area. Lorne is a professional working in the mid Vancouver Island are based out of the Royal LePage Nanaimo Realty office in Ladysmith, BC.

VIREB (Real Estate Board) Real Estate Market Update

The Vancouver Island Real Estate Board also has its own Vancouver Island market Update. Check it out HERE

Summary Thoughts

The gist of the market is that there is still not a piling up of unsold properties. There is still less available properties than Buyers would like. However, the demand has slowed a bit by modest amounts.t

The demand is still active as Buyers find the mid Vancouver Island area fairly affordable compared to Victoria and Vancouver. As a result there is not any huge drop in pricing. Prices are stable, but hot rising like they were in the last number of years. It is still a good time to Sell –though at the prices you have seen — not higher. It is a good time to Buy because there are a few motivated Sellers who want to achieve a sale.

Lorne and Morgan would love to help you with your real estate needs. Let’s get in touch . . . at 250-618-0680.

Here are the stats for Nanaimo – Nanaimo Graph Stats for the end of May 2019

Here are the stats for Cowichan – Cowichan Valley Graph Stats for the end of May 2019

Seasons Greetings from Vancouver Island Real Estate
Seasons Greetings from Vancouver Island Realtor Lorne Gait and Morgan Fisher.

Ocean view Apartments on Vancouver Island

Vancouver Island Ocean View Apartments and Commercial Suites
This Brentwood Bay six plex located at 822 Verdier Ave give you water view apartments and commercial suites

822 Verdier, Brentwood Bay, BC.   — NOW SOLD!!!

Ocean view apartments

Attention entrepreneurs, business owners and professionals! Take note of these ocean view apartments and commercial suites. Own your own commercial space, and if desired, live on site or continue with current excellent rentals. This building consists of four strata lots (one commercial). There are 2 – two bedroom apartments, 2 bachelor suites and 2 commercial spaces. Current mortgages are assumable at current rates and conditions. Allowable businesses include retail sales, restaurant (coffee shop type), medical/dental office, business offices and more. This property is located near the Mill Bay Ferry Terminal in an excellent ocean view location. Along with excellent current use opportunities, this property has future value for development to higher and better uses. Call or text Lorne Gait for more information or a viewing at 250-618-0680.

Pictures of these Water View Apartments . . .

Directions to these Ocean View apartments and commercial suites . . .

Vancouver Island Realtor LORNE GAIT and MORGAN FISHER: “If you would like more documents or details . . . lets get in touch at 250-618-0680. If you want to arrange a viewing, we are happy to assist.”

Here is a link to the MLS Listing: 822 Verdier Ave

Ocean View Apartments — Floor Plans