Category Archives: Vancouver Island Real Estate Blog

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.

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

Lake Front Home in Youbou

Lakefront Home in Youbou

Here is your chance to own an affordable 1.1 Acre Lake Front Home in Youbou.  Enjoy approximately 100 ft of Lakefront on beautiful enjoy Lake front in YoubouLake Cowichan. Enjoy beautiful views from the windows and balcony of this 2-3 bed and 1.5 bath home. A large master bedroom with a generous balcony is possible by using the bonus room over the garage as a third bed-room. The home is older but may well be worth your renovation efforts as the views are spectacular. The home is on Youbou water and a septic field. A single garage would be great for your car or for storage. Approximately .2 of an acre of the property is on the waterfront side of Youbou Road. There may well be opportunity build a second home/cottage-up to 76 Sq. M on the waterfront side. Make your own inquiries with the Cowichan Valley

Regional District regarding a second home and potential for subdivision. This Youbou home could be a good year-round home or a property for recreational purposes offering you a great place to retire or to raise a family. The home has additional water rites to Ashburn Creek. Call or text Lorne Gait or Morgan Fisher for more information or a viewing today at 250-618-0680. *** Check out this home on a great Lakefront Property!

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 Lake Cowichan property in Youbou.

Guiding you home . . .  to a Lakefront Home home on Vancouver Island at 10265 Youbou Road, BC 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.

Victoria Ocean View Investment Property

Victoria Ocean View Investment Property

Check out this Victoria Ocean View Investment property, because, it gives you great financial opportunity.  As well, it promises you splendid ocean views! Regarding location, there is no doubt this property is first rate.    Certainly, you will enjoy reliable income in this mixed use ocean investment property.

This Brentwood Bay six plex located at 822 Verdier Ave is a great Victoria ocean view investment property.

Vancouver Island Real Estate at its finest down by the Bay -- Brentwood Bay
Vancouver Island Realtor Lorne Gait can help you with your Vancouver Island Waterfront Real Estate Needs

Note that this investment property is located near the Mill Bay Ferry Dock in beautiful Brentwood Bay.   It is right across from the world renowned “Brentwood Bay Lodge.”

In Addition, you will find that the property  has great long range development potential. Furthermore, it is a going concern revenue property with 100% occupancy.

There are four strata titles-representing six rentals.  Most noteworthy is that at this time all are owned by the Sellers.   In terms of layout, there are two residential units upstairs.  As well, there are two large commercial units and two additional residential units on ground level.  At this time, the rents are presently under market.  However, you could upgrade and all tenants are stable.

Currently, this building is zoned C-3 and allows for mixed use residential and commercial.  If needed, more documents and financials are available upon request.   At your convenience, call or text Lorne Gait at 250-618-0680 for more information or a viewing today.

Pictures of the Investment Property  . . . 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 Ocean View Townhome.

Guiding you home . . .  to a beautiful Ladysmith Ocean View townhome on Vancouver Island  . . .

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

Ladysmith Ocean View Townhome

Beautiful Ladysmith Ocean View Townhome

Enjoy amazing ocean views in this beautifully renovated 1287 Sq. Ft.

Vancouver Island waterfront property located in Ladysmith, BC

town-home with 2 large bedrooms and 2 bathrooms. This home has many upgrades to please you which have been done this past year. These include Floors; Trim; Paint; Lighting; Hot water tank; Stainless-steel kitchen appliances and front-loading washer/dryer; New kitchen island; High end Quartz on all counters and island; Shaker style cupboard faces and brushed nickel handles. In addition, the strata has allowed the installation of a mini split heat pump to give you efficient heat and air conditioning year-round. One covered parking spot and one storage locker are available to you. There is visitor parking and street parking nearby. This home gives you massive ocean views year-round to watch the harbour comings and goings.

The biggest bonus is the easy seven-minute walk to Ladysmith’s beautiful Transfer Beach Park. This home will allow a great active ocean-side lifestyle for you, at a reasonable price. All ages welcome. Small pets with approval. Rentals limited. For more information or a viewing call Lorne or Morgan at 250-618-0680.

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 Ocean View Townhome.

Guiding you home . . .  to a beautiful Ladysmith Ocean View townhome on Vancouver Island  . . .

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.

Saltair Oceanfront Home

Saltair Oceanfront Home

Check out this Saltair oceanfront home.  If you like Walk on "<yoastmarkWaterfront, you will find this property is a beautiful and makes your home renovations and updates completely worthwhile.

 

Enjoy gorgeous Ocean Views from this 3 bed, 2 bath home in Sunny Saltair.   Upon entry, you will find that the main level takes full advantage of the views from the living room, kitchen and dining room. When you step outside the main floor you will discover that the oversized deck on this level is great for entertaining or sitting and drinking in the view.

Once you go down stairs, you will find the lower level boasts a living room and a bedroom with an ocean view. Cozy kitchen, 4 piece bath, laundry and loads of extra storage round

Saltair Waterfront Home
Fantastic Saltair Boathouse

out this floor.   And a large workshop on the lawn level would be suitable for all kinds of projects. Plenty of fruit grows here, grapes and raspberries and peach, pear and plum trees. Access out to a covered and closed in patio leads to a fully fenced yard, with a gated path leading directly to the ocean front. Bonus is a boat house on the property.  This Boat house is grandfathered into the property.  Therefore, an owner is allowed excellent access to the riparian zone.  This is a huge plus.

Don’t miss out on this opportunity to own a dream waterfront location in a beautiful neighbourhood!  It will be worth the look.

For more information or to book a viewing call or text Lorne Gait at (250) 618-0680 or Email lorne [at] lornegait [dot] com.

Video of the Home  . . .

Pictures of the Home . . .

If you want to find your way to this property, here is a map from Nanaimo Airport to this beautiful  Saltair waterfront Home  . . .

Guiding you home . . .  to an ocean view home on Vancouver Island at 286 Bayview Ave., Ladysmith, BC 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.

Chemainus Ocean View Home

Chemainus Ocean View Home

Relax and enjoy a stunning Chemainus ocean view Home  This is a beautiful 3 Bed and 2 Bathroom level entry basement walk out home and it could be your perfect retirement place to be.

The area is quiet, and the homes are near new. There is an easy pathway to the Beach a hundred yards or so from the front door of this home. This home offers great ocean views from the open floor plan kitchen/nook/family room area, from the third bedroom and from the master bedroom. The master bedroom

Want a home in Chemainus? How about this Chemainus Ocean View Home?
This beautiful Chemainus Ocean View Home located at 3089 Seahaven Road, Chemainus, BC is a perfect place to call home near the ocean

offers a large walk-in closet and an en-suite with double sinks and shower. The living room and dining room areas are open but divided by an attractive double-sided gas fireplace. These rooms together with the kitchen and family room areas will be perfect for entertaining guests. The double door garage will give you ample room for two cars or for a car and storage. The downstairs of the home offers lots of crawl space storage together with a great workshop area. A spacious deck at the back of the home gives great summer time recreational space for BBQ times. A side driveway area could be great for storing your boat or an RV. Call or text Lorne Gait at 250-618-0680 or Jill Dashwood at 250-616-1184 for more information or a viewing today. Check out the slide show by clicking on the media link.

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  Chemainus Ocean View Home  . . .

Guiding you home . . .  to an ocean view home on Vancouver Island at 286 Bayview Ave., Ladysmith, BC 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.

Ladysmith Ocean View Home at 103 Gifford Road

Ladysmith Ocean View Home at 103 Gifford Road

This  great Ladysmith ocean view home needs a new owner.  Enjoy the amazing wide ocean views in this spacious 2404 Sq. Ft. half

A great Ladysmith Ocean View Home
Beautiful Ladysmith Ocean View Home

duplex with five bedrooms and three bathrooms. It is a mere ten-   minute walk from your door to ocean front activities at Ladysmith’s Transfer Beach and to shopping in Ladysmith’s historic downtown.  

This home has the feel of a single family home. A quick drive past will explain why, as you see only this home fronting onto Gifford Road. The other half fronts onto an alley. The main floor treats you to

ocean views in the living room, dining room and kitchen. A master bedroom and ensuite with two more bedrooms finish the upstairs area. Downstairs you will find an in-law suite boasting two bedrooms, a second kitchen, bathroom and living room. A bonus is lots of parking including a 21’3″ by 13’11” garage and outside area for three additional parking spots.

This home has three decks–two up and one down on the ocean view side. The yard has room for gardening and offers some privacy with a picket fence. Heat pumps are located up and down. Quick occupancy is possible. Call Lorne Gait at 250-618-0680 of more information or a viewing today.

A video Tour of the home . . .

Pictures of the Home and View . . .

 

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

Guiding you home . . .  to an ocean view home at 103 Gifford Road, Ladysmith, BC 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.

Vancouver Island Lots and Land for Sale

Vancouver Island Lots and Land for Sale

Lot 20 Trans Canada Highway, 670 Farrell Road and 674 Farrell Road

Here is a great opportunity to own Vancouver Island Lots and Land.  Lot 20 Trans Canada Highway, 670 Farrell Road and 674 Farrell Road are beautiful Ocean View Properties.  Lot 20 is 5.767 acres.  670 Farrell Road is 5.63 Acres and 674 Farrell Road is .47 Acres.   Property.

The highest and best use is for a high end single family lot
development or possibly higher density. The Town of Ladysmith is very willing to assist you to create a PLA to develop this prime land. The Town Director of Development services will be happy to discuss her ideas of what you can do with this property and with the one adjacent to it at Lot 20 Trans Canada Hwy. Together these three properties make up an 11.87 Acre area for new Town of Ladysmith stunning ocean view homes.  This land has quick access to town services, marinas, shopping and highway.This land has quick access to town services, marinas, shopping and highway. It will be a welcome development in the Town and Region.

Lot 20 Priced at $895,000.00

Lot 20 is currently in the Cowichan Valley Regional District.  However, an Application has been made to bring it into the Town of Ladysmith.  The process is currently before the Province of British Columbia.  As is,  this property could be used in its current zoning for a single family home with suite.  The highest and best use is likely to develop a Preliminary Land Assembly (PLA) with the Town of Ladysmith for a subdivision of ocean view homes.

  • For Plot plans contact Lorne Gait at 250-618-0680
  • Pics for Lot 20

  • Video for lot 20

670 Farrell Road Priced at $1,000,000

670 Farrell Road is in the Town of Ladysmith.  This property has a drilled well and could also be used as is to build a beautiful ocean view home on acreage.  The highest and best use is likely to develop a Preliminary Land Assembly (PLA) with the Town of Ladysmith for a subdivision of ocean view homes.

  • For information package and plot plans contact Lorne Gait at 250-618-0680
  • Pics for 670 Farrell Road

  • Video for 670 Farrell Road

674 Farrell Road Price TBA

674 Farrell Road is a smaller property owned by the Town of Ladysmith.  It is their purpose to sell it together with the other two properties as a part of a Preliminary Land Assembly (PLA) to develop the lands behind this property for future Town of Ladysmith housing.

  • For information package and plot plans contact Lorne Gait at 250-618-0680

Vancouver Island Realtor Lorne Gait . . . Guiding your way home . . .

These are a few quick pics of the home.   We do have a few more. Email us for more pictures.  We will be happy to send them to you.

If you want to find your way to these properties, here is a map from Nanaimo’s Departure Bay Ferry t to these Properties–Vancouver Island Lots and Land   . . .

If you would like more information on these properties, let’s Get in touch.

Lorne Gait is a professional realtor who can help you with your Chemainus home purchase or sale.   Feel free to browse this web site or visit Lorne’s waterview WEBSITE.