Category Archives: BC Homes

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.

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.

Vancouver Island Real Estate Foreign Buyer Tax

Vancouver Island Real Estate Foreign Buyer Tax — Will she or won’t she?

Will she or won’t she add the dreaded 15% Vancouver Island Real Estate Foreign Buyer Tax for Property Transfers?  This is a question that engages the thoughts of my clients this Spring.  This is especially the case as Buyers and Sellers consider what Premier Christy Clark’s government has done in the Vancouver Real Estate Market.  My thoughts are these:

BC considering increases to the Foreign Buyer Property Transfer Tax
Vancouver Island Real Estate Foreign Buyer Tax. Will She or won’t She?

Not too long ago, the BC Provincial Government changed the Provincial Property Tax for homes purchased in the Greater Vancouver Area.  The tax was 1% on the first $200,000 and 2% on the balance.  Currently the tax is the same if you are a Canadian resident.  However, if you are a foreign Buyer, the tax is now 15% on the whole amount.  This is huge for foreign Buyers.  It reflected a government attempt to regulate price increases through Government regulation, intervention and taxation.   One Vancouver Lawyer told me that if the Provincial Government did not intervene, the coming election would be lost.

Vancouver Island Real Estate Foreign Buyer Tax — The impacts . . .

The obvious result of this regulation, taxation and intervention was an almost immediate price reduction in the price of Vancouver homes.  It is a double digit drop in prices and a substantial slow down in the number of sales.  You can read the details here — THE GLOBE AND MAIL

There has been talk about putting this new tax on Victoria homes and likely on homes across the rest of the Province.  You can read about this in several online articles.  Witness the TIMES COLONIST ARTICLE

However, the issue is both political and economic.  There has been much concern about the decline of the Vancouver Real Estate Market.  The Province is headed into an election and BC home owners concerned about price drops also reflect a huge voter block.  Therefore, Premier Christy Clark’s Government is attempting to walk back the challenging aspects of the new added tax.  Foreign Buyers who buy and who will be working in Vancouver could soon be exempt from the additional Tax.   The Vancouver Sun quotes Christy Clark–VANCOUVER SUN

The Vancouver Sun has further quotes on this from Finance Minister Michael de Jong.  Check it out — VANCOUVER SUN

Vancouver Island Real Estate Foreign Buyer Tax — Conclusions . . .

So, the question remains . . . will there be a Vancouver Island Real Estate Foreign Buyer Tax.  This realtor believes there will be continued pressure to slow the impact of foreign Buyers on our market.   However, at the same time, there will be some refining of the legislation around the matter of who pays the tax and how it is administered.  If a foreign Buyer plans to settle down and work in the area, then tax relief is likely.  If on the other hand, a Buyer buys a home and plans to be absentee, then likely there will be no tax relief.

In the end. . . time will tell.  These are political times.  It is fashionable to let others pay taxes–Especially foreigners.  It is all good until my / your house value drops.

If you want to discuss this further, Associate Broker and Realtor (R) Lorne Gait is happy to discuss this further.  Let’s get in touch.

Ladysmith Townhome with Ocean View and No Stairs

Ladysmith Townhome with Ocean View
#11- 100 Gifford Rd, Ladysmith, BC

Enjoy amazing ocean views from this spacious level entry townhome, in the beautiful seaside town of Ladysmith. This is a rare no stair Ladysmith townhome. Enjoy island living and ocean views in “The Lookout” development.

This handicap friendly, open floor plan features a formal dining area, large living room with a gas fireplace, a kitchen with eating nook, and a bonus covered deck. Views from living room, kitchen and deck are some of the best ocean views that Vancouver Island has to offer. Extras include in-suite laundry, lots of in-suite storage, a master bedroom with large walk-in closet and 4-piece en-suite, and a second bedroom, also with a large walk-in closet. The covered car port is right at your front door, for easy access. Extra parking is available and can be negotiated with the strata corporation.

A short level walk to town or downhill to Transfer Beach oceanfront park, round out the appeal of this convenient location. In the summertime, you can walk to the park for swimming, sunbathing, kayaking and more. On the August long-weekend, enjoy a night of fireworks, as Ladysmith celebrates its anniversary with Ladysmith Days. In the winter, enjoy watching the sail past as boats are lit-up with Christmas lights. This is Ladysmith townhome living at its best.

Call Lorne Gait for more information or for a viewing today at 250-618-0680. View on line at www.lornegait.com

Regular open houses will be held for this property, contact Lorne for more details. If you are wanting more information on other Ladysmith townhome properties, please get in touch.

If you want to find your way to this property, here is a map . . .

 

Lorne Gait is a professional realtor who can help you with your Ladysmith Townhome. To start the conversation with us…

contactus

 

Victoria Hobby Farm – 936 Klahanie Drive

Victoria Hobby Farm — 936 Klahanie Dr.

Your own private hobby farm close to town. This four bedroom and two bath home has many updates. The property is quiet and private. Come up the driveway, check for ducks in your pond, and enjoy the garden areas as you approach the freshly painted home with double garage.
The roof and decks are all in very good condition. Behind the home is a second detached garage, trees and a horse/animal barn and field. A gazebo and other outbuildings are bonuses.
The home is partially updated, there are new countertops in the bathrooms and kitchen, a near new wood stove and a furnace will keep you warm without using the wood stove.
This is a beautiful property and family home. There is room for you & your projects. Sub-dividable in the near future…
Call or text Lorne Gait for more information at 250-618-0680. Email Lorne at lorne [at] lornegait [dot] com.
MLS# 357280

Lorne Gait is a professional realtor who can help you with your Vancouver Island acreage property search. To start the conversation follow this link — Get in touch .