Real Estate Guide - Nanaimo Real Estate Review March 15, 2012

NANAIMO

REAL ESTATE

REVIEW

Your Bi-Weekly Guide to Real Estate in Nanaimo, Nanoose, Ladysmith and the Surrounding Areas

ONLINE: WWW.NANAIMOBULLETIN.COM ADVERTISING INFORMATION: CALL LESLEY LIVINGSTONE-GRAY AT 250-734-4614 THURSDAY, MAR. 15, 2012

FEATURE PROPERTY

#2-577 6th Street - $242,900 Here is your opportunity to own a professionally renovated 3 bedroom, 2 bathroom, 1600+ square foot home in the University District. Call The HBT Group at Re/Max 250-754-1223. See page 3.

1st Month FREE & Use OUR Truck to Move In! call

250-758-2270

• • • • • • • •

Heated & Drive-Up Units Monitored Security Fenced Compounds Easy Access Prepay Discounts Rent Pro-rated on Move Out Open Every Day Mailboxes for Rent

5 Locations in Nanaimo

2 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

Introducing homeowner insurance at a price you can live with.

Ask us about The Real Advantage Program - a homeowner insurance program that offers special rates to careful, responsible people.

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COMPARE AND SAVE HOUSE VALUE CONTENTS

LIABILITY

YEARLY PREMIUM

$300,000

$240,000

$2,000,000

$409

$350,000

$280,000

$2,000,000

$467

$400,000

$320,000

$2,000,000

$525

$500,000

$400,000

$2,000,000

$641

$750,000

$600,000

$2,000,000

$931

$1,000,000

$800,000

$2,000,000

$1221

Solutions Inc. #2-4180 Island Hwy. N., Nanaimo 176 Bagshaw Street, Parksville

250.585.2950 250.586.2950

T YOUR HOUSE FOR MORE! ...WITH A NEW ROOF!

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Expert trouble shooting Commercial-Residential Professional service All types of flat & sloped roofing Asphalt & rubber membrane systems Complete sheet metal service Cedar shakes Fibreglass shingles Metal roof systems Licensed & insured FREE estimates for re-roofing

2008

• • • • • • • • • • •

TH

• Turn T a negative into a positive selling feature p • Looking to buy a house that needs a new roof? Call us n fo or a free estimate.

• To Too expensive to change lo ocations? Stay where you are and add value to your property with a new roof. p

Voted Best Roofing Company 4 years in a row.

- Recipient of the BBB Torch Award for marketplace ethics and integrity - the Chamber of Commerce Sterling Award for Excellence in customer service.

ericksonroofing.com

250-758-5440 Erickson Roofing Ltd. 4201 Jingle Pot Road, Nanaimo, BC V9T 5P7

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 3

4 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

NORTH OFFICE N 1 - 5140 Metral Drive, Nanaimo 250-751-1223 $149,600

OF NANAIMO

DOWNTOW DOWNTOWN OFFICE OFFIC # #101 - 235 Bastion St., Nannaimo | 250-754-1223

2-1024 Beverly Drive

8-507 9th St.

Need an affordable rancher?

Can’t beat this super 2 bed townhome with 10% down mortgage of only approx. $693.71 OAC is less than rent! Brand new roof.

• Totally renovated 3 bedroom townhouse • New cabinets with granite countertops • Laminate floors, new vinyl windows & fresh paint • Private fenced yard, distant mountain & ocean views

Call Marie Boichuk 250-714-2242

Call Gord Wall 250-751-1223

OF NANAIMO Independently ownedd andd ooperatedd

$197,900

$189,900

$264,900

$339,900

$389,000

210-4949 Wills Road

2403 Brandon Way

5577 Ventura Drive

404B - 550 Blue Girl Way

Long Lake 2 bedroom, 2 bath, 2 balcony condo.

Close to shopping and all amenities. Natural gas fireplace.

Best Buy in Nanaimo Open House Showings Every Wednesday, 2:30 to 5:00

Huge 5 bed family home with suite potential in the north end.

1480 sq. ft., 3 bed waterfront penthouse condo with ocean view.

Call Gord Wall 250-751-1223

Call Dann Ryan 250-754-1223

Call Marie Boichuk 250-714-2242

Call Marie Boichuk 250-714-2242

SE .

OU5 1-3 p.m H 2 N

& E OParch 18 M

$375,000

$524,900

$569,000

$575,000

187 Wildlife Place

1558 Raines Road

4881 Finnerty Crescent

2200 Dockside Way

• Waterview • Finished roughed-in suite • 5 beds/3 baths • Pre-inspected MLS# 325238 Call Peter Sterczyk 250-751-1223

4 acres, 3500 sp.ft. with suite, fenced & X-fenced, riding ring & horse stalls, workshop and barn. www.martinvelsen.com Call Martin Velsen 250-754-1223

Gorgeous ocean view, custom 1 year new, hardwood, chef’s kitchen, spectacular!

• Waterfront • Private dock • 4 beds/4 baths • 1 bed suite • Pre-inspected MLS #324212 Call Peter Sterczyk 250-751-1223

Call Marie Boichuk 250-714-2242

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 5

Reg Warren

Ema Email: mail: ail: regwarren@coastrealty.com regwarren@coastrealty com AWARD WINNER Office: 250-758-SOLD 758 SOLD (7653) ❘ 24 hr pager Res: (250) 758-2962 ❘ Toll Free: 1-800-779-4966 (Canada & US)

LEVEL ENTRY FULL BASEMENT

3061 Barons Road, Nanaimo

250.756.9996

www.cornerstone-tile.ca

$449,000

➤ 2,500 sq. ft. Uplands area home ➤ Extensive and costly brickwork ➤ New kitchen, centre island & in private treed backyard stainless steel appliances ➤ A little bit of T.L.C. can add ➤ Up to 5 bedrooms, 3 tremendous value here. bathrooms

➤ Gated cul-de-sac of ➤ Hiiiggghh en enndd kitchhen, end fine ho omes mes me m es in C Cedar edar eda ed daarr finniishhin inngg , and 3/4” in ing ➤ Fully fifinnniiis ished sshed hhedd 2,667 he 22,,667 677 ssq. q harrdwo rrddwo dw wo w ood floo ors ft R/I SSu Suite u tee ➤ Tr Trem T rreem mendo men eendo dous value v ➤ Gorgeeous eo ouus ous us op oppen enn HST HS ST iin included. nc . conceppt pt ggreat gr grea rrea ea rroom oo om o m

View interior pictures p at www.regwarren.com

View Virtu Virtual tual al Tour T att www.regwarren. www.regwarren.com

Call

Cornerstone Tile uses Flextile “ColourMax Plus” grout on our installs for superior stain protection and colour uniformity. This grout does not require sealing so that your finished tile job requires less maintenance and looks fabulous for years to come! To view Flextiles complete product line visit www.flextile.net fl

$328,900

STUNNING QUALITY ON .61 ACRE

Reg Warren Warr

PARKWOOD NORTH NANAIMO RANCHER

to View Today!

Reg Warren

to View Today!

Home selling & buying is often the biggest financial decision you can make.

TRUST an experienced realtor who puts your needs first.

Reduced to $339,500

➤ Immacculate ula 3 ➤ Wo Wonderful onnde o dder e fu erfu er fu bacckyard & bedroo oo om, om o m, 2 baaattthh m, patio ttiio io dde deck eckk ec ➤ Counttry ry kit kitchen kki itchheen w with iitth ➤ 14x10 xx10 100 sse separat eep te family room roo ro oom oom o workshop/hob w wo orksh rkksh rk kssh shho bby ➤ Air co onditioned o ond on nndit nd diiit ddit itio iti t on on d building

View details tails & photos p att www www.regwarren.com regwarre Call

Call

Reg Warren Warr

to View Today!

➤ You want the BEST PRICE for your home

➤ You want a WEBSITE rated #1 by the Buyers (www.coastrealty.com)

➤ You want PROPER INFORMATION to help you ➤ You want PROBLEM FREE with your home decision home buying and selling

“Want your home sold?”

Including virtual tour, professional pictures, floor plan & custom feature sheets

Call

Reg Warren Warr

to View Today!

WANT YOUR HOME SOLD? CALL REG WARREN

Ken Williams W REALTTOR®

Rock City Rd

If you are considering renovating your bathroom, kitchen or any other area of your home, Cornerstone Tile will co-ordinate with you to make the job run smoothly.

See myy listings g interior pictures, virtual tours www.regwarren.com g www.coastrealty.com y and in all real estate PUBLICATIONS.

O c e an Pe ar l T er r

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6 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

CALL FOR A FREE EVALUATION. NORTH NANAIMO

$190,900

• 3 Bedrooms 2 Bathrooms • Adult Oriented • Nice Layout, Great Shape • Detached Workshop • Near Shopping

JINGLE POT AREA

$350,000

RANCHER & SHOP

CENTRAL CONDO

$259,900

REMODELLED RANCHER $264,000

• Almost New Condo.

• 2 Bedrooms, 2 Bathrooms • Extra Den/TV area •Extra Large Deck

• Remodelled Rancher • River Front Home

• Very Large Lot • Detached Shop

HAWTHORN CORNER

DOWNTOWN CONDO

$162,000

$365,000

$190,000

• Move in Ready • Private Back Yard & Deck • 3 Bedrooms, 2 Bathrooms • Large Rancher on Crawl • Big Bright Rooms

• Huge 4 Bedroom Rancher • Huge Shop, Wired & Plumbed • 1/2 Acre very private • Ready to sell

• No HST better than new!

• Hawthorn Corner • Whistler Style Living • Walk to VIU and Downtown

• Remodelled Move Right In • 1 Bed + Den • Top Floor Big Bright Rooms

NORTH NANAIMO

1 & 2 Bed Condo’s Starting at $90,000

LIKE NEW!

NEW MT. WASHINGTON CHALET’S $349,900

• Great Locations in Complex • Some Remodelling Done • Can Be Rented • Close To Everything

• Large Bright Home • Big Kitchen and Rooms • Detached Shop • Backs onto Park

$299,900

• New home 3 bed, 3 baths • Bonus media room • Fenced & Landscaped Yard • New subdivision • Move in now!!!

MICHAEL

$145,000

Go to realtynanaimo.com to view all MLS Listings and or/call

OF NANAIMO

“Independently owned and operated”

1- 5140 Metral Dr., Nanaimo

250.751.1223

P E T E R S O N

PERSONAL REAL ESTATE CORPORATION

• Apply For Free Hold • Easy to Finance • Great Return on Investment • 3 Beds, 3 Baths, Garage

1.866.314.8620

WE SHOP YOUR MORTGAGE FOR YOU!

VANISLE

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And More!

Our Local Nanaimo Mortgage Experts Work For You!

Call To Set Up Your Free Consultation Today!

Terms

Bill Fraser

Lee-Ann Mitchell

Elaine Peligren

Rhonda Brown

Pat Cody

250-739-3837

250-667-3567

250-816-3130

250-751-5434

250-714-8887

Our Rates

Prime Less 0.20% Prime Less 0.20% LINE OF CREDIT Prime Plus 0.50% 6 MONTHS 2.89% 1 YEAR 2.74% 2 YEAR 2.59% 3 YEAR 2.79% 4 YEAR 2.89% 5 YEAR 3.09% 7 YEAR 3.99% 10 YEAR 3.99% Rates subject to change without notice Some conditions apply, OAC

Ki Strynadka, Kim S dk A A.M.P. MP

D Doug P Pearson

Ti Peligren Tim P li

Ian MacLeod

K i Hommy, Katie H A.M.P. AMP

250-729-3890 DLC Integrity Mortgage B.C.

250-729-7444 DLC Integrity Mortgage B.C.

250-228-5558

250-619-7266

250-619-0939 DLC Integrity Mortgage B.C.

2101A Boundary y Avenue Nanaimo, BC V9S 4P4 (Across from Woodlands High School)

www.DominionVanisle.ca

250.729.7099 Independently Owned & Operated

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 7

Ray

PELL PELLERIN 2011

275 - 2000 Island Hwy Nanaimo, B.C. V9S 5W3

250-756-1132

2009, 2010

RAY PELLERIN

www.raypellerin.com

Old City Rancher

1-800-377-4372

North Nanaimo Condo

Ocean, mountain & Gulf Island views. Completely remodelled, oak hardwood floors, new kitchen, light fixtures and bathrooms. Great yard, completely fenced, private, fruit trees and vegetable garden.

Asking

$256,900

Asking

Call Ray Pellerin at 250-756-1132

Asking

$149,900

Call Ray Pellerin at 250-756-1132

New Home - Legal Basement Suite

Similar Home

Two bedroom, 1 bathroom unit in remediated complex with warrenty. Hardwood flooring, new tile flooring, other upgrades. Level walking distance to shopping and recreation facilities. Great value!

Character Home - Old City Refinished wood flooring, spacious country kitchen plus formal dining room; 3 bedrooms, family room, large private sundeck with ocean & mountain views, double carport plus extra parking. Cute cottage style building at rear of lot. Beautiful gardens with fish pond, fountain and a variety of fruit trees. MLS# 317836.

3 bedrooms; two 4 piece baths on main plus legal 2 bedroom suite down, separate meters, hot water tank and laundry. Close to nature park and Chase River. Fully landscaped and fenced. MLS# 326771

$349,900

Asking

Call Ray Pellerin at 250-756-1132

$283,000

Call Ray Pellerin at 250-756-1132

North Nanaimo Townhome

Private Estate Nanoose - 4½ Acres - 2 Homes

– REMODELLED – Two bedrooms, plus den, 2 full baths, 1155 sq.ft., centrally located to all amenities. Short walk to shopping, recreation & public transit. Pets permitted.

MLS# 314415 Asking Price

$227,900

Call Ray Pellerin at 250-756-1132

Large character home with 1 bedroom suite plus 3 bedroom, 2 bath modular home on 4.45 acres. Large assortment of tall fir and maple trees. Main home needs upgrades. MLS #320360.

Asking Price

$449,000!!

Call Ray Pellerin at 250-756-1132

LEASE SPACE Retail, Office and Warehouse space. Sizes ranging 200 sq. ft. to 5,000 sq. ft. Central locations, good parking, easy access to major arterial routes.

Rates from $8.00/sq. ft.

Call Today Ray Pellerin at 250-756-1132

8 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

I n t e r n a t i o n a l N a n a i m o LT D

donates a van to the 7-10 Club

NEW LISTINGS NEEDED! NANAIMO YEAR TO DATE

OVER 16 MILLION DOLLARS L IN SALES A D OLD OLD OLD L O S S S S Gordon Fuller (Left) from the 7-10 Club accepts the keys to a ReaList Realty van donated by Gordon Halkett.

Kal-Tire and Mid Island Sign solutions are also sponsors.

The 7-10 Club mission is “To feed the hungry & increase access to food for those in need”

D OLD OLD OLD L O S S S S WANT TO BE ON THIS PAGE...

AND SAVE 25%*in Fees?

D OLD OLD OLD L O S S S S

Real Estate REVIEW • Reaching over 64,000 homes and businesses from Nanoose to Cassidy per month • Distributed every two weeks in the Thursday Nanaimo News Bulletin • Economically priced advertising For more information on advertising and rates for the Nanaimo Real Estate Review, please contact Lesley Livingstone-Gray at our office, 250-734-4614.

D OLD OLD OLD L O S S S S D OLD OLD OLD L O S S S S D OLD OLD OLD L O S S S S * See disclaimer on previous page

www.ReaListRealty.com

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 9

SAME SERVICE LOWER FEES I n t e r n a t i o n a l N a n a i m o LT D Call 250-716-8822 or 1-877-751-7575

SAVE 25% IN COMMISSIONS*

CAMERON ISLAND

www.realistrealty.com #36-5854 Turner Rd Woodgrove Estates

SAVE 25%*

*Approx. 25% saving over fees charged by some of our competition. Min. fee $2,950 plus buyer agency fee and taxes.

238 Bowlsby South Nanaimo

• • • • •

309 Moilliet Street S Parksville

$64,900

2 bed, 2 bath Approx. 1295 sq. ft.

55+ Complex Loads of upgrades Ready to move right in!

Gordon Halkett

$178,000

6216 Rich Road

$179,900

Bev Mason - Wood

Gordon Halkett

Waterdown Quay

#104-154 Promenade Dr. $299,500 2 bdrms, 2 bathrooms. TWO Decks! Located on the “pond side”.

Approx. 1163 sq. ft. Lovely view looks out to the busy boat basin.

Indoor Pool at the Beacon, so who cares if it rains! #403 - 154 Promenade Dr. $318, 900 2 bedrooms PLUS den, 2 bathrooms. Approx. 1189 sq. ft. Suite faces South and West overlooking the inner harbour. The “03” suites are very private. BEAUTIFUL condition. #205 - 154 Promenade Dr. $325, 000 1446 sq. ft. 2 bedrooms, 2 bathrooms PLUS a DEN!! The price is on this suite is UNBELIEVEABLE for a waterfront condo with an ocean view!

Crest II Mobile Home Park

• Best price!

• Approx. 1239 sq. ft. home - 2 bdrms, 2 bathrooms • Backs onto park; As NEW condition • Sun-room addition off kitchen

#206-1685 Estevan Rd. #201-4949 Wills Road Brechin Views

THE BEACON

Cedar Lane Townhomes 2 bedrooms, 1 bath, 2 levels Approx. 933 sq. ft.

New windows, patio door, and exterior just repainted.

• Roof only about 3 years old, private back yard-sm. pet allowed with restrictions.

• • • •

Gordon Halkett says:

THE NEWCASTLE BUILDING #113-150 Promenade Dr. Up to $379,000 2 bedroom plus den, 1355 sq. ft. - END suite - known as “Waters Edge” because every room has a view of the water. Bright new decorating with top of the line appliances and gleaming solid oak floors. Brick patio, with plenty of room for your BBQ and patio furniture. Think of it as a waterfront townhome within a condo building. VERY rare. #315 - 150 Promenade Dr. $327, 000 Approx. 1117 Sq. ft., 2 bedrooms, 2 bathrooms, Very good views over the inner harbour. Freshly painted, ready to be YOUR new home! #312 - 158 Promenade Dr. $499, 000 Approx. 1355 sq. ft., 2 bedrooms PLUS Den, END suite, Ocean view, 2 Separate balconies, Best of the BEST!!

561 5th Street University District

THE GABRIOLA BUILDING

$184,500

• Approx. 1100 sq. ft.

• 2 bedrooms, LARGE master • Well cared for

$189,000

• One of larger suites approx. 1,010 sq.ft.

• Gas fireplace & in house laundry room • Close to shopping, restaurants & buses

Bev Mason - Wood

Bev Mason - Wood

410-5650 Edgewater Lane

8445 Lisa Lane

Ambleside at Longwood

$259,000

Lot A

$268,000

• 2 bdrms, 2 bathrooms, approx. 1033 sq. ft.

• TOP floor, END unit - as good as it gets!

• Walk to shopping, lovely landscaped grounds, guest suite for this complex.

• FANTASTIC unobstructed view of Nanoose Harbour • 2.71 acre lot in Upper pp Lantzville • 8” drill well with pump & septic

Bev Mason - Wood

Bev Mason - Wood

2061 Cathers Dr

$199,000 • Walking distance to shopping, recreational activities, walking trails and of course the Long Lake Dock • Balcony overlooks garden area • 2 Bed, 2 Bath • Approx. 1170 sq. ft

Bev Mason - Wood

Gordon Halkett

#401-540 Stewart Ave. 1228 Nanaimo Lakes Rd. Newport Complex

$274,900

• 2 bedrooms plus a den • Approx. 1,293 sq.ft.

• Beautiful massive walkout patio • Pet allowed with restrictions

Nadine Shemilt

6177 Dennie Lane 3573 Country Club Drive Pleasant Valley

$249,000

• What a PRICE and WHAT a house!

• Classy reno’s from the refinished fir flooring to new drywall to new cabinets ... NEW DETACHED SHOP • RV Parking

Departure Bay Area/Country Club

South Nanaimo Area

$279,900

#110-158 Promenade Dr. $399,000 2 bedrooms plus den, approx. 1422 sq. ft. with an OCEAN VIEW. Elegant waterfront living in this exceptional suite on the ground floor. Decorated in lovely warm colours, just move in and enjoy a whole new way of living! #502-158 Promenade Dr. $589,000 Waterfront Garden Patio Suite!! 2 bedroom, 2 bathroom Approx. 1710 sq. ft. PLUS approx. 1000 sq.ft. PATIO! One small pet allowed with restrictions. #313 - 158 Promenade Dr. $314, 900 Approx. 1078 sq. ft., 2 bedrooms, 2 bathrooms, Facing WEST overlooking harbour. Offered FULLY furnished from the coffee pot to the barbeque!

100 Summit Drive Long Lake Heights

• 3 bdrms, 3 bathrooms • Approx. 1783 sq. ft.

• Close to Long Lake, and a short distance to Country Club Mall for shopping

Nadine Shemilt

North Nanaimo

Willow Grouse St. 3908 Upland Drive 2675Diver Lake Area

Unit 5

$314,900

• Newly renovated 2 bdrm home • Approx. 1,810 sq.ft.

• Country side setting • Spacious deck • LOTS of storage space • Roughed in basement suitable

5037 Laguna Way

446 Milton Street

$319,900

$329,000

$349,500

• 1198 sq. ft. Rancher • 3 bedrooms, 1 bathroom • Fully landscaped and fenced back yard

• 5 bedrooms, 2 bathrooms • 2 bedroom suite with a VERY large yard!

• Workshop

Nadine Shemilt

As featured in upcoming HGTV Series Nadine Shemilt

Bev Mason - Wood

Gordon Halkett

123 Grace Place

6091 Sierra Way

5150 Owlstone Place

4153 Gulfview Dr

$428,500

$459,900

Pleasant Valley area - off Metral Drive

• • • • •

2 bedrooms plus den, 2.5 bathrooms Approx. 1358 sq. ft.

OCEAN VIEW Top notch finishing Two levels • Spacious patio

North Nanaimo

Uplands Area

North Nanaimo

NO HST!

$349,900

• South Jingle Pot area • 5 bedrooms, 3 bathrooms • Approx. 2175 sq. ft.

• Double garage

$349,900 • Custom built rancher just 3 years old!

• 3 bedrooms, 2 bathrooms, with approx. 1,511 sq. ft.

• Vaulted ceilings, high quality features & beautiful hardwood flooring

Nadine Shemilt

Nadine Shemilt

6635/6637 Aulds Rd

3464 Hillside Ave

$498,000

$499,500

North Nanaimo

• Full DUPLEX • Each side has 3 bedrooms, 1.5 bath • Approx. 1376 sq. ft. per side • Both sides rented, month-month rental

Bev Mason - Wood

$364,900

$389,900

• 4 bedrooms, 2 bathrooms, approx.

2230 sq. ft.

• Lots of storage, big garage/workshop on back • Plenty of parking, tool shed and playhouse

• Approx. 1750 sq. ft.

• WHAT AN OCEAN VIEW • Extensive landscaping, designed for low maintenance • Flat driveway, and level entry home.

Gordon Halkett

Gordon Halkett

$399,000 plus HST

• BRAND NEW - Close to completion - OODLES of extras!

• LEGAL 2 bedroom suite • 5 bedrooms, 3 bathrooms - approx. 2413 sq. ft.

• SEPARATE parking for your tenant, and separate hydro meters • Check out the beautiful crown mould on the 9 ft. ceilings g

Bev or Gordon

$479,900

• 4 bdrms, 3 bathrooms • Approx. 2,530 sq. ft.

• Recently painted throughout

• Approx. 3,009 sq. ft.

• Cougar Ridge Area

• Approx 2,178 sq. ft.

• 180 Degree Ocean Views!

• 3 bdrm, 3 bathrooms

Bev Mason - Wood

Gordon Halkett

Gordon Halkett

Uplands Area

FOURPLEX!

for more information and viewing contact Gordon Halkett

Gordon Halkett

Toni Gatland

Bev Mason - Wood

Nadine Shemilt

250-716-8822

Diane Burton

Unlicensed Assistant

10 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

Rod Phillips Mortgage Specialist

Meet your local Mortgage Specialist.

Insurance Brokers Ltd. EST 1898

101 - 3150 Island Highway, Nanaimo Phone: 250-758-2484 Fax: 250-758-2452

As a Scotiabank Mortgage Specialist, I am committed to providing you with fast service, competitive rates, and innovative mortgage solutions that are right for you. And, for your added convenience, I can arrange your financing in the comfort of your own home or office. Are you thinking of…

• Buying or building a home?

• Refinancing your existing mortgage?

• Renovating your home?

• Consolidating existing debts?

I’ll help you find the mortgage suited to your individual needs. Call me today and let’s get started.

Providing insurance for:

Nanaimo and Surrounding Area 250-714-3900

rodney.phillips@ scotiabank.com

www.lenhartinsurance.ca

®

Registered trademark of The Bank of Nova Scotia.

5061 Banning Court $359,900

3253 Folkestone Drive $449,900

Lot 11 Arbutus Rock

Amazing Views in Edgewood

Business • Home • Tenants Condominiums • Travel • Construction Boats & PWC • Autos • Campers Trailers & Mobile Homes

881 Linwood Lane $389,000

South Nanaimo

3658 Sandra Road $309,900

Departure Bay

For Current Price, Details & Pictures Text 3219 to 555000 or www.EdgewoodCondo.info

For Current Price, Details & Pictures Text 3212 to 555000 or www.LinwoodLane.info

For Current Price, Details & Pictures Text 3211 to 555000 or www.SandraRd.info

FREE ONLINE MARKET SNAPSHOT

FIND OUT WHAT YOUR HOME IS WORTH

NANAIMO’S BEST DEALS

NanaimoHomeSearch.com

NanaimoAreaSales.com

PriceMyHouseNanaimo.com

FREE List with Pictures MustSellNanaimo.com

13103 Minn Road $399,900

1007 Bruce Ave $274,900

6219 Washington Way $379,000

104-580 Stewart Ave $279,900

Country Home w/Pool

First Time Buyer Alert

Luxury Townhouse

Edgewater Nanaimo

For Current Price, Details & Pictures Text 3210 to 555000 or www.BanningCrt.info

BEAT OUT BUYERS TO HOT NEW LISTINGS Exclusive Home Matching System for VIP Buyers

For Current Price, Details & Pictures Text 3215 to 555000 or www.MinnRd.info

of Selling Prices in your Area

For Current Price, Details & Pictures Text 3217 to 555000 or www.BruceAve.info

FREE QUICK HOME EVALUATION

For Current Price, Details & Pictures Text 3216 to 555000 or www.WashingtonWay.info

Foreclosures Vacant Properties Estate Sales

For Current Price, Details & Pictures Text 3214 to 555000 or www.StewartAve.info

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 11

NATIONAL GARAGE SALE

tly Curren Items ing Accept

May 12, 2012 Brooks Landing Parking Lot. For info & donation pick up call 250-756-1132

Brooks Landing

Ladysmith/Chemainus

Woodgrove Mall

250-756-1132

250-245-2252

250-390-1098

275 2000 Island Highway | 250-756-1132

Large CONDO - N. Nanaimo (no HST)

UC

!

ED

D RE

✓ 2 bedrooms & den ✓ 2 bathrooms with underfloor heating ✓ Hardwood floors ✓ 1,283 sq. ft. ✓$299,900

Nearly new condo in a great building in a great area...

Call Ian Hodson at 250-756-1132

WHY WHY WHY? ...is this property still on the market? This well maintained home is waiting for a family!

Only $424,900

Call today to view.

JANA KOSTER 250-756-1132 or 250-327-2723

THINKING OF BUYING OR SELLING?

LUXURIOUS NORTH END DUPLEX STYLE PATIO HOME - $349,900+HST! 6150 Arlin Place

Sought-after north end location, walking distance to all amenities is where you will find this spacious, open rancher style patio home/duplex! Offered at a reduced price, this newly constructed, luxuriously finished home offers 9 to 11 foot ceilings complemented by granite counter tops and hardwood flooring in the main living areas. Huge master bedroom suite with large walk-in closet and tasteful master ensuite along with a spacious second bedroom and a cozy en area, that invites a home office or computer room, complete the main living areas of this very thoughtful layout.

Call LEE ROBINSON - 250-802-7653

SCOTT FORREST Taking Extra Care Of First Time Home Buyer’s.

Call

NANAIMO’S BEST DEALS Receive a FREE list with pictures of Distress Sales, Foreclosures and Vacant Properties in your Price Range and Desired Area

www.NanaimoDistressed.com Free information provided by Darren Young 250-729-1823

SPOTLESS 5 BEDROOM HOME

$399,000

Including 2 bedroom legal suite, 1 km to the University. Ideal for family with students and or investment.

250.756.1132

Call STEPHANIE SANDHAM at 250.756.1132

542 Weber Street - $274,900

VERY ECONOMICAL LIVING

COURT ORDERED SALE

• Lots of potential with a little updating • Over 2,000 sq. ft.

• 3 Beds - 2 baths • 1 Bedroom Unauthorized Suite • Close to University

Very nice one bedroom, bright condo, centrally located and close to walking trails.

$84,900

Please call today for a FREE Market and Home Evaluation.

Call ROY FISHER - 250-716-6429

Jennifer Kemp www.jenniferkemp.ca

Call STEPHANIE SANDHAM

3237 HAMMOND BAY RD - $329,000

2044 FURN ROAD - $419,000

2179 BAY STREET - $389,900

WAS $379,000 Slashed and must sell now. 3 bedroom, 3 bathroom, 1,720 sq. ft. home, 1.5 acres, large double car garage.

Get on this one, it will soon be gone!

A real must see! 4 beds, 3 baths, numerous updates! 2,518 sq. ft. home, 24,394 sq. ft. property. Oversized double car garage. A single family home for more than 25 years!

MLS# 330925

Call Charles Sutton - 250.756.1132

Call Charles Sutton - 250.756.1132

6526 KESTREL CRESCENT - $649,000

1715 HARVEST PLACE - $399,000

Everything you could wish for!

Luxurious North Nanaimo Home.

5 beds, 4 baths, 1 bed suite w/parking, built 2006. 3,425 sq. ft. home.

4 bedrooms on one level is a rare find!

MLS#330127

Call Charles or May Sutton - 250.756.1132

For Real Estate services second to none contact

Susan Jimmo Canadian Forces Veteran

250-756-1132 Susan@susanjimmo.com j susanjimmo.com

Located in Country Hills Estates, Chase River. This new 3 bdrm & 2 bath rancher was built by a highly respected local builder. With attention to detail and pride of construction this home has all of what you will need.

Book your showing to view all the extras this home has to offer. MLS328283

Call Charles or May Sutton 250-756-1132

LANTZVILLE WALK ON WATERFRONT $849,900 7088 Dickinson Road is a well built home with 2 bedrooms, 2 bathrooms, 3 decks, awesome views, and on the waterfront.

Contact Craig Davidson of Royal LePage for your y

personal tour.

250-756-1132 or craig.davidson@shaw.ca

at 250.756.1132

Great Home! 3 beds, 2 baths, well kept home.

Great neighbourhood.

2,184 sq. ft. home.

This home is a real must see!

MLS# 326676

Call May Sutton - 250.756.1132

Contact

Hillary Reeves

for your FREE House Evaluation

250.713.8411 GOING MOBILE #126-25 MAKI ROAD Great little 2 bedroom double wide in Sea Breeze MHP. 55 plus, small pets welcome.

Asking $52,500

Call Cyndi Beaulieu 250-245-2252

12 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

$

00

9 4,

22

PaciďŹ ca-38 Front St

00 208-5620 Edgewater Lane

8 8,

4

$2

$

$

7

$

00

9 9,

14

$

$

2

0 107-4965 Vista View Cr

90

, 49

of Nanaimo 2 bedrooms, 2 bathrooms, 1064 sq. ft.

Condo.

Open House Mar. 18, 10am-noon

SeanMcLintock.com 729-1766

2 bedrooms, 1 bathroom, 820 sq. ft.

Condo

Call Terra Maibach 751-1223

2 bedrooms, 1.5 bathrooms, 960 sq. ft.

Townhouse

Call Lynn Donn 802-7321

203-1900 Bowen Rd of Nanaimo

Call Kathy & Peter Koch 753-9688

1

Cedar Grove Villas 2 bedrooms + den, 2 bathrooms, 1213 sq. ft.

Call Carlie Murphy 616-4134

104-995 Bowen Rd

1 bedroom, 1 bathroom 660 sq. ft.

Condo

$

2 bedrooms, 2 bathrooms, 1065 sq. ft.

Condo

Call Glynis Hayes 758-7653 00

2

0 #54-285 Harewood Rd

90

, 54

of Nanaimo

Suite 706.

1 bedroom + den, 1 bathroom, 788 sq. ft.

Condo

9 4,

0 6032 Cedar Grove Dr

80

, 32

00

5 8,

43

Call Marilee Krogel 667-4970

1281 Roberton Blvd $

of Nanaimo French Creek.

2 bed, 2 bath, 2425 sq. ft.

Townhouse

00

9 4,

16

Unit 20 - 9 Buttertubs Dr

3 bedrooms, 2 bathrooms, 1100 sq. ft.

Townhouse

Open House Mar. 17 & 24 10am-noon

SeanMcLintock.com 729-1766 Call Kathy & Peter Koch 753-9688

Call Lesley

to place your property here!

250.734.4614

AMAZING DENMAN ISLAND OPPORTUNITIES!

Superb views from your 5.4 acre highbank oceanfront oasis at The Point. A gradual southwest-facing slope rises to an elevated building site framed by majestic arbutus trees.

Access your sandy beach by the adjacent deeded beach park. High producing drilled well, hydro at lot line. Offered at $495,000

2.5 acres of private, beautiful park-like setting, where you'll find a 350+ sqft studio and a concrete foundation for a future building with Hydro, well, and septic system in place. A short stroll away is a lovely sandy beach with views of Vancouver Island and the mountains across Baynes Sound. Offered at $229,000

The views from this private, fully fenced waterfront home on 1 acre will captivate you, whether you enjoy them from the decks, the living room or from your master bedroom. This 4bdr, 3bth home has cork & hardwood floors, slate entrance, in-floor heating in the bathrooms, and new addition. Offered at $699,000

This spectacular 4.38 acres on Ducks Unlimited Bird sanctuary has easy road access, open meadows, numerous building sites, & amazing waterfront views from the shoreline. There is a garden area with a small orchard close to the road. The septic system & shallow well are in place. Offered at $279,000

This home is a nature lover's paradise.

Large windows in this 750 sqft A-frame cottage look out to the marsh bordering this almost 10 acre property, & draw those natural views inside. Outside the home, the decks, wired workshop/studio invite you to extend your living beyond the walls of the cottage. Well, septic & power are in place. Offered at $395,000

Sophisticated European ambiance beside Denman Village, this inviting post & beam home has been lovingly renovated by award winning Milan trained designer/owner. Every detail has been meticulously planned & finished, from the state of the art chef's kitchen, to the dining & living areas with floor to ceiling windows. Offered at $499,000

This magnificent oceanview retreat on 6.39 very private acres enjoys spectacular sunsets and views of the ocean and mountains. The 4bdr 3bth 3180 sqft main home is full of features such as stained glass, large bay windows, wood floors, solarium with hot-tub, and bright oversized kitchen. A separate Studio and Yurt offer extra opportunity. Offered at $849,000

Walk onto your own almost 600 ft of oceanfront, launch a kayak, watch whales swim by, or go for an afternoon swim. The 1800+ sqft 5bdr house could be a summer retreat while you build your dream home. Septic, well, pond, seasonal creek, established orchard are some of the additional features, all on 9.98 acres of subdividable land. Offered at $998,800

Contact James Warner RE/MAX THE ISLANDS T: 250-335-2510 | TOLL FREE: 1-866-335-2510 | E: info@islandsrealestate.com www.islandsrealestate.com 1071 Northwest Road Denman Island, BC V0R1T0

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 13

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www.valleycountertops.com

FEATURE PRODUCT:

Soapstone Come in and view the beautiful advantages.

14 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

1- 3179 Barons Rd. Nanaimo, BC V9T 5W5

(250) Email: dan@darwingroup.ca

View all our Listings at www.darwingroup.ca

DAN GRONDIN

WHY WAIT?? NO HST RIGHT NOW!!

Hawthorne

Ocean Park

DARWIN MAHLUM

BUY ANY OF THESE BRAND NEW HOMES & PAY ONLY THE NET GST! Ocean View + Location

Hawthorne

Hawthorne

Hawthorne

PLUS BONUS BACHELOR SUITE ABOVE GARAGE! 2838 sq. Ft. Finished Living Space 4 Bdrms., 3 Baths, Walkout Bsmnt.

Unbelievable Ocean View Partially Covered Rear Deck

$

599,900 +GST

1 ½ Storey Home with almost 1800 sq. ft.

3 Bedrooms and 3 Baths Set Back from the Street with Boulevard Lovely Decor Throughout.

$

369,900 +GST

Ocean Park

Hawthorne

BONUS APPLIANCE & LANDSCAPE PKG! Panoramic MUST SEE Ocean View Luxurious level entry: quality features thruout.

Gourmet kitchen /w pantry, granite, island.

2 bdrms, 4-pce bath, family rm in bsmnt. $

599,900 +GST

Departure Bay

New Listing

$

449,900 +GST

Even an Ocean View

Totally Charming!

1950 sq. ft. Split Entry with .

3 Bedrooms and Bath on the Main Floor 2 Bdrm Unauthorized Suite Brings $800/mth Easy Care Laminate Flooring Throughout!

Huge, Private Yard!

Asking

Fabulous Home Backs onto Hawthorne Park Double Height Ceiling in Great Room Gorgeous Kitchen with Walk-In Pantry 3 Bdrms, 3 Baths, Wrap-Around Veranda.

$

NEW LISTING!

315,000

Immaculate Home, Filled with Character.

Completely Renovated & Updated Throughout.

Heated Tile Floors in Gorgeous Bathroom.

Unauthorized Suite for Mortgage Helper.

Covered Porch too!

Asking

$

279,900

3 Bedroom Rancher with 9 Ft. Ceilings French Doors to the Rear Deck from Master Oversized Windows Flood the Home with Light Gorgeous Kitchen Cabinets

$

377,900 +GST

Custom Home with Unique Features Curved Wall of Windows in the Dining Room Double Garage Connected by Breeze Way. 1859 sq. ft. with 3 Bdrms and 3 baths.

$

Hawthorne

Carmanah Estates

SUPER VALUE!

469,900 +GST

Just Listed-College Area

of Windows Overlook the Private Yard.

Across the Street from Park

2,200 sq. ft. Rancher on Crawlspace.

4+ Bedrooms, 2 ½ Baths, Family Room.

2 Fireplaces, Heat Pump, RV Parking, Hot Tub, Gorgeous Deck Space.

Great Value Here!

Asking

North End- Why Rent?

Half Duplex!

$

399,900

1608 sq. ft- 5 Bedrooms & 2 Baths

Asking

$

289,900

1 REMAINING! Pleasant Valley Level-Entry Legal Two Bedroom Suite 1484 sq. ft. with Full finished walkout Basement.

10 ft. Ceilings and Gas Fireplace in the Great Room.

Luxurious 5 ft. Shower in the Master Ensuite.

Gorgeous Kitchen with ample quality cabinets.

Quality constructed by Ravenrdge Homes.

2 BDRM. SUITE!

Asking

$

409,900

484,900 +GST

Coal Tyee School Area

239,900

1706 sq. ft.-- 3 Bdrms plus Den and 3 Baths Vaulted Ceiling, Hdwood Floors, Cozy Gas

Fireplace with a Stone Surround

Cherry Cabinets & Stainless Steel Appliances!

Spacious Patio

Asking

$

387,500

PRIME BUILDING LOTS IN BEAUTIFUL CINNABAR VALLEY!

Building Opportunity!

Established North End Neighbourhood.

Large, Flat, Private Yard.

This is a Great Opportunity to Own a Lovely Home!

$

$

Two-Storey

Partly Covered Front Deck off the Living Room Spacious U-Shaped Kitchen |Skylight in Bath Finished Walk-Out Bsmnt|Natural Light Why Rent?

Asking

Gorgeous Ocean View: Winchelsea Islands Legal Suite (or a Premium Media Room) Travertine Floors, Maple Hardwood.

Low Maintenance, South Facing Yard.

We Are THE EXPERTS on Lots!!

Walk to Country Club Mall

Affordable Totally Renovated Rancher Designer Colors, Quality Laminate Floors New Kitchen /w Stainless Appliances Maple Cabinets, Slate Backsplash, Pantry Double French Doors to Composite Deck

469,900 +GST

Private .43 Acre Lot-

449,900 +GST

REDUCED TO SELL!

2061 sq. ft. with 4 Bdrms., 3 Baths Hardwood Floors, Cozy Gas Fireplace and Wall

$

$

Cougar Ridge Estates

PRICED TO SELL!

Contemp. Show Home with Amazing Details Open Plan Design with Family Rm. Off Kitchen Almost 2,000 sq. ft. PLUS Unfinished Bsmnt.

This is a Must See Home!

$

429,900 +GST

Contemporary Elegance meets Modern Charm Feature Packed 1743 sq. ft. Rancher Curved Wall of Windows, Vaulted Ceiling Partly Covered Rear Patio

LOTS NOW SELLING!

Fully Serviced Lots in a Forest Setting, with Trails and Nature Park.

Green Neighbourhood Design, 10 Minutes from Downtown Nanaimo

NORTH END: LINLEY POINT GORGEOUS LOTS OVERLOOKING PONDS!

EAGLE RIDGE

Ocean View Level-Entry Lot in a Great Neighbourhood

OCEAN PARK OCEAN PARK

Beautifully Developed Master-Planned Community, Full of Ambience.

Natural, Tranquil Setting near all North End Amenities.

Prices Starting in the $170’s.

Asking

$318,000

Basement Entry Lots with Panoramic Ocean Views

from

$174,900

Level- Entry Lots with Panoramic Ocean Views

from

$211,500

Asking

$189,900

from

$149,900

COUGAR RIDGE Ocean View, Great for Rancher, Desirable Area COLLEGE AREA

Ocean View, Level-Entry Lot, Backs on Park

CARMANAH ESTATES Prime North End, Flat Lot, Near Schools HAWTHORNE PHASE 3

Near University, Many Lots to Choose

$185,000 From

$150’s

Upscale Neighbourhood

OCEAN|CITY VIEW

12.4 ACRES

10 LOTS PLUS 26 LUXURY TOWNHOMES SITE Plans & Approvals in place. DP ready to issue- Start this year!

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 15

16 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

There are about 340 Realtors in Nanaimo.

Why pick Guy & Judy Litton for your Real Estate Needs?

WHEN YOU HIRE US YOU GET:

• 44 years combined Nanaimo Real Estate experience, GOSH we must be doing something right!!

• Continued upgrading of our education to ensure YOU are protected • Our personal attention to every call and action needed, not a paid assistant • Our undivided loyalty to you, our client • Our advice when asked for YOUR CONFIDENCES WILL NEVER BE DISCLOSED

SELLING OR BUYING REAL ESTATE IN THE NANAIMO AREA –

1325 Fielding Road - $575,000 Executive home on 2.62 acres.

Features new heat pump, new windows, new doors, new flooring, and new kitchen with stainless steel appliances.

There is also a large insulated 60’x36’ shop/garage with 200 amp service. This beautiful rural atmosphere is only a short drive from downtown Nanaimo and a 10 minute walk to local shopping and restauraant n s.

2555 Stampede Trail - $329,000 This is a gr g ea eatt fa fami mily ly h hom ome e si situ tu-ated at th t e en e d of a qui uiet e cul ude-sacc iin n Di Dive vers rs Lake.. Hom ome e has 3 be bedr dro ooms ms up with ha an n ad additional 2 bed edro oom omss do own p plu luss a separa ate 1 b bed dro roo om and d den en suite.

Home also ha hass a newe er ro roof of and two carr at atta t ch hed garrag age e.

This is a grea at value in n a larrge family hom ome! e!

Peter & Kathy Koch

YOU WANT JUDY & GUY LITTON MID-ISLAND

#503 Comox Rd., Nanaimo, B.C. V9R 3S2

503 Comox Rd., Nanaimo, BC

Working For You......

Call Us Direct

REALTOR®

250.390.0707

250.753.9688

3708 Belaire Dr. - $299,000 No HST!!

MIID ISL M ISL IS LA AND ND

Mid-Island

www.JasonBlanchette.com & www.MarilynnKennedy.com

Semi Waterfront erfront at Pipers Lagoon 639 Place Road 3639 - 3 or 4 bedrooms, 3 bathrooms, approx. 2120 sq. ft.

- Extensively renovated & updated - Maple kitchen with granite eating bar

- Private yard with large deck - No thru road leading to PIPERS LAGOON PARK

MLS 325700

Interactive floor plans @ jasonblanchette.com

Rare opportunity!! Change of plans for this seller & now it’s available for sale is this prestigious, 180 degree ocean & city view building lot. Situated in the Glen Oaks subdivision.

The only lot available on this street located in a well established neighbourhood • No HST • Fabulous Location • Close to all Amenities • No through traffic road • All services present at lot line • House plans & Elevation survey certificate are also available.

Mortgage Helper Suite Home Family Cul-de-sac North Nanaimo - $449,000 - Beautiful craftsman design - Situated on a quiet cul-de-sac - Built in 2003 by Georgia View Homes

-

Spacious family home, 3 beds up 1 bedroom suite down $800 pm Open and functional floor plan Private and fenced rear yard

MLS 322618

Call for appointment direct 250-758-0895

Ocean View Home Subdividable in North Nanaimo - $455,000 - First time on market, solid well built home - Open concept living dining and kitchen - Renovated Beautiful new kitchen and bathroom

- Refinished Hardwood floors living areas upstairs - RV covered parking and cleanout - Bachelor suite down brings in $650 per mo.

MLS 327194

Call Marilynn for details 250-758-0895 direct

Departure Bay 2882 Biscayne Bay - $339,000

Katerina Gamlin

MID-ISLAND

- Sharply priced 3 bedroom, 3 bathroom home - Approximately 1800 sq. ft.

- Nicely updated, with contemporary colours and new flooring - Functional floor plan

Realty Executives Mid- Island #503 Comox Road Nanaimo, BC V9R 3J2 Phone: (250) 713-5396 Fax: (250) 753-9698 Tol Free: 1-800-848-8490

“CALL ME FOR A LIST OF FORECLOSURES & COURT ORDERED SALES” Take advantage of my Free Market Consulation Service

- Updated natural gas furnace, newer hot water tank - Perfect family home or investment property - Solid neighbourhood - Within walking distance to shopping, parks and beach

MLS 330100

Find more information @ jasonblanchette.com

Ser vice You Deserve

Peopl ple You Trust

CALL DIRECT 250.753.9688 or TF 1.800.848.8490

In nee eed of of a mo orrtg tgag age e? ?

CO C OM MPPLI PLLIIM ME ENT NTA AR RY MA MAR RK KE ETT EVA VALUAT LUAT LU ATIO ATIO ION NS S In Ou O ur mo mortga rtg rt ga ag gee sp peeci cialis cial allist a iisst ca can sa save vee yo yo ou u Ti Time imee and nd mon oney neyy.

vviirtu virt rrttu ua al to tours urs • flo ur oo or pl p an anss • in in nte teeri rior or pic icttu ure ure ress • ma ap pss

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 17

We Never Stop Moving®

Vancouver Island Realty

Visit us at Long Lake Plaza Corner of Rutherford Rd. and the Island Hwy. Chase River $378,900

Beautiful Home $525,000

Old City Waterfront Store

Sharply Priced! $214,000 MARK CLARK Managing Broker

• Possible subdividable property • Home offers 3 bedrooms with room to grow • Southern exposure with many upgrades • 2 full bathrooms

• 4 bedrooms/4 bathrooms • Minute walk from Westwood Lake • Open concept design • Mortgage helper suite

• Turnkey operation • Be your own boss • Offered at only $15,000

• Immaculate, centrally located condo • 2 bedrooms/2 bathrooms • Stainless steel appliances • New tile and laminate flooring

Susan Arman

Mark Brennan

Quentin Proud

Jim Johnson | Jay Deleskie

Ocean View $389,900

Desirable Patio Home $195,000

Priced To Sell $299,900

Investor Alert $355,000

RED UCE D

• 3 bedrooms/3 bathrooms, 1 ensuite • Currently rented out for $1650/month • North Nanaimo 1/2 acre subdividable property

BRETT ILLES

JAY DELESKIE

• Located in a quiet community • Modernized with quality materials • 2 bedrooms / 2 bathrooms • Many upgrades, skylights, private deck

• 4 bedrooms / 2 full bathrooms • Gorgeous level lot with privacy • In-law suite with separate entrance • Beautiful central Nanaimo

• Only 5 years old, no HST • 5 bedrooms plus a 2 bedroom suite • Centrally located close to VIU

Jim Johnson | Jay Deleskie

Mark Clark

Jim Johnson | Jay Deleskie

Mike Phillips

Near New Rancher $344,900

Duncan Estate $1,850,000

Charming Riverfront Home $359,900

Magnificent Home $444,900

JIM JOHNSON

MARK BRENNAN

QUENTIN PROUD

• 3 Bedrooms, 2 Bathrooms • Bright open concept, designer kitchen.

• Excellent neighbourhood, fenced garden. No HST

• 12.26 acre - 300 sq. ft. of waterfront • Custom home with private pub • 3 car garage and carriage home • Mixed use development site

Cana Woo

Jim Johnson | Jay Deleskie

North Nanaimo Sub-dividable

Attention Builders! $469,900

• 3 bedrooms/2 bathrooms • End of a quiet South Nanaimo street • Almost a full acre of park-like paradise

Mike Phillips

Jim Johnson | Jay Deleskie

Home, Shop & Legal Suite $475,000

Gorgeous Luxury Home - $724,777

CED U D RE

• Priced sharp at $539,000 • 4 Bedrooms / 2 bedroom suite • Custom fireplaces with amazing inlay work

Jim Johnson | Jay Deleskie

• North Nanaimo, ocean view home • On ½ Acre, sub-dividable lot • In upscale “Smokey Crescent” neighbourhood • Suite Potential

Mike Phillips

• Located in a private cul-de-sac setting • New home warranty/No HST • 4 bedrooms/3 bathrooms plus legal suite

CED U D RE

• 24x24 wired shop, over height doors • Work from home, or for the hobbyist • 1/2 Acre of privacy, plenty of parking • Beautiful renovations, guest cottage

• Custom ocean view level entry home • Spacious one bedroom suite • Potential to subdivide and return on investment

Jim Johnson | Jay Deleskie

Jim Johnson | Jay Deleskie

www.cbvanisland.com 250.756.9700

MIKE PHILLIPS

SUSAN ARMAN

CANA WOO

ROGER BECK

18 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

Sandy Clark Providing quality service & results!

250-668-9878

NANAIMO REALTY

#57-2301 Arbot Road - $159,000 Beautifully maintained OCEAN & COASTAL MOUNTAIN VIEW double wide in Wish-sha Mobile Home Park. This home is incredibly tidy & offers open plan dining/living, an extra large master bedroom with ensuite, large guest bedroom, RV parking, workshop, shed, covered balcony & room to build a garage. It is a friendly 55+ park located beside Westwood Lake providing popular walking trails, hiking, trout fishing & swimming. The bus stop is situated at the park entrance and is a 10 minute drive to downtown or Woodgrove.

Successful Ladies Clothing & Accessory Boutique $89,000 Plus Inventory Business for sale - Wesley Street, Old City Quarter $89,000 + inventory Well established ladies boutique successfully operating for 22 years, high visibility, beautiful clothing lines in place, loyal clientele, showing a great return & opportunity to increase with full time hands on owner/operator.

Seller retiring but will stay on to assist with transition.

299 North Shore Rd, Lake Cowichan $349,900 00

D L O S

A Almost lakefront ront west coast design sig 4 bdrm, drm, 3 bt bth home with suite, picture e windows ws overlooking overloo ng lake e & mountains, moun mounta mo close to ttown & schools ols s in a rapidly pidly expanding exp nd community ommun mm experiencing ongoing development. elo opment ment. Utilise beach each & dock fo for swimming, fishing, or mooring. ooring. ring. ng. Seller Se er overseas oversea overs & motivated. S Short drive or daily community d nity bus serv s service to Duncan’s big box s stores, private schools, recreation reation & amenities. amenities Next best thin thing is walk-on waterfront but not at this price. w

WANTED: 3 bedroom, 2 bath home. 20 years or newer in EXCELLENT condition for under $350,000.

WANTED: House under $250,000 in good condition for qualified buyer.

If you are considering selling, please contact SANDY CLARK for a free no obligation market evaluation of your home or investment property.

07074415-13722RE-Sandy Clark.ind1 1

7/4/11 10:54:29 AM

$49,900

• Waterfront Property • Fenced Lot

• Recreation Facilities

Roger Beck CALL NOW!

$359,000

• Great Family Home • Almost ½ Acre

$539,900

• Park Like Setting

• Luxury Living • 2 Bedroom • Over 3,000 Legal Suite sq. ft • Over ½ Acre

Roger Beck CALL NOW!

Roger Beck CALL NOW!

$369,900

$499,900 N ISTI L W

Roger Beck

G

NE

REALTOR® Tel 250-756-9700 Fax 250-756-9705 Toll Free 866-457-2492 rogerbeck@shaw.ca

www.rogerbeckhomes.com #17-4890 Rutherford Road Nanaimo, BC V9T 4Z4

VANCOUVER ISLAND REALTY Each Office is Independently Owned and Operated

• Home with Heart • Desirable Neighbourhood • Many Updates Roger Beck CALL NOW!

• Lake View Property • Custom Built Home

• Over 2900 Sq. Ft. • Many Features

Roger Beck CALL NOW!

CALL ROGER BECK FOR A F FREE REE MARKET EVALUATION!

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 19

Free Recorded Home Information - 24 Hours a Day Call Toll-Free 1.800.897.7549 Then Enter the Extension Number to Hear a Property Description

D L SO 133 Pryde Avenue

$294,900

Virtual Tour

Excellent Condition! Buyer Friendly! riendly!

3 Beds, 1 Bath, 1,558 sq. ft., .26 acres, new natural gas forced air furnace & fireplace, newer roof, BI Vacuum, hard wood floors, thermal windows, RV Parking, legal Carriage House option, Walk to schools, parks, bus service & golf course, Call Now!

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

D L SO

$369,900

Peaceful North Nanaimo Townhome! home!

Virtual Tour

Oakridge Estates Rancher! cher!

3 Beds, 2 Baths, 1,694 sq. ft., new roof, very bright, large fully fenced yard, irrigation system, double garage, natural gas fireplace, jetted tub, crawl space, terrific floor plan, must see!

Ext. 1012 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996 $214,900

406-567 Town Townsite ite Rd.

Virtual Tour

Amazing Ocean View Condo do

2 bedrooms, 2 baths, 1, 025 sq. ft., No Age Restrictions, Top Floor Unit, Vaulted Ceilings, Great Floor Plan, remainder of New Building Enclosed Warranty, secured entry, many upgrades including new windows, new paint, new flooring, walking distance to sea wall, shopping, bus service.

Hurry, Act now!

Ext. 7772 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

D L SO

5 Beds + Den, 3 baths, 2,766 sq. ft., only 10 years old, very bright, Stainless Steel Appliances, natural gas forces air furnace & fireplace, wonderful landscaping, fully fenced, walk to schools, parks and bus service, Excellent condition.

Make an appointment to view this home now!

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Virtual Tour

Cheaper Than Rent!!

5213 Kaitlyns Way

Virtual Tour

Great Family Home! Below Accesse ed d Value!

V l !

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$364,900

Virtual Tour

6440 Southampton Road

Completely Renovated North Nanaimo Rancher 3 Bed, 2 Bath, 1,808 sq. ft., Nearly Quarter Acre Lot, Hardwood Floors, Granite Counters, Stainless Steel Appliances, 4 skylights, 5 pc. ensuite, RV Parking, Private Back Yard, Great Home!

Ext. 1072 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$474,900

$199,900

Virtual Tour

3280 Serabi Place Pla

Custom Built Home with Su uite!

Stephenson Point!

4 Bedrooms, 4 Baths, 3,280 sq. ft., Gorgeous curb appeal, Huge corner lot, Verandah, 7 years old, 10 Year Warranty, Natural gas forced air heat, Excellent condition, Quiet nikehgbourhood, No HST, Hurry! Act Now!

Ext. 1061 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

3884 King Arthur Drive

$439,900

Find out why more Buyers and Sellers recommend

6262 Sechelt Drive

Chris Martin!

5 Beds, 3 Baths, 2,637 sq. ft., Excellent Ocean View, Main Level Entry, Master Bedroom on Main Level, Very Bright & Clean, Many Improvements, Fully Fenced, Double Garage, Quick Possession Possible, Call to View Now!

Ext. 1051 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$509,900

$244,900

224 Tahoe Avenue

Stephenson Point Executive Home!

5 Beds + Den, 3 Baths, 2,931 sq. ft., Excellent Floor Plan, 3 Storey home, 2 Fireplaces, Natural Gas forced air furnace, large rooms, Stainless Steel Appliances, lots of storage, RV Parking, fully fenced, Must see, Priced far below BC Assessed value, Hurry Act Now!

Ext.1092 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Virtual Tour

3-4271 Wellington Rd.

Endless Renovations!! Amazing Ocean Views!!

Virtual Tour

Wonderful Townhome! Completely Rennovated! d!

3 Bedrooms, 2 Baths, 3,432 sq ft, Main Level Entry with Master Bedroom on Main Level, Endless Renovations, Hard Wood Floors, Granite Counters, Top Grade Stainless Steel Appliances, Vaulted Ceilings, Private Back Yard, Fully Fenced, Irrigation System, Sunny Balcony, No Through Road, Suitable, Must See!

2 Bedrooms, 2 baths, 1,253 sq. ft. Completely renovated! Hardwood floors, New lighting & plumbing fixtures, New paint, Open floor plan, Large rooms. No age restriction, walk to schools, parks and bus service. Buyer-friendly, act now!

Ext. 1122 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1192 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$219,900

211-4965 Vista View Cres.

Virtual Tour

North Nanaimo Home with Su uite & Ocean View!

Please call for a FREE, No-Obligation Market and Home Evaluation Cell: 250.616.1996 $434,900

Virtual Tour

2 Bedrooms, 1 bath, 1,040 sq. ft., view of Mt. Benson, crawl space, 1 car garage, new flooring, natural gas, forced air, 55+ gated community, level lot, beautiful landscaping w/ irrigation system, shopping nearby.

Ext. 2222 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Thinking of Buying or Selling?

$299,900

1639A Bowen owen Road

Virtual Tour

307 Myrtle Crescent

$364,900

4 bedrooms, 3 baths, 2,502 sq. ft., .20 acres, excellent condition, fully fenced yard, large deck, new flooring, new lights, new paint, double garage, easily suited, new roof. Walk to schools, bus service, parks and shopping. Act Now!

3492 Budehaven Drive

Gorgeous North Nanaimo Home!

D L SO

2 Beds + Den, 2 Bath, 1,486 sq. ft., only 6 years old, vaulted ceilings, open floor plan, granite counters, large walk-in-closet, ensuite headed floors, double garage, natural gas forced air heat and fireplace, large rear patio, hot tub, crawl space, No-Through Road, Hurry Act Now!

$459,900

6046 Montgomery Way

$94,900

2 bed, 2 bath, 916 sq. ft., excellent condition, 7 years old, very bright, Great Manufactured Home Park, children and pets allowed, RV storage onsite, fenced yard, driveway allows 2 cars.

Hurry! Act Now!

$374,900

3620 Glen Oaks Drive

Virtual Tour

5252 Nelsonwoods Place P ac

D L SO

$164,900

30-211 Buttertubs Place

D L SO

Virtual Tour

5111 Sam’s Way

$379,900

Virtual Tour

Central Nanaimo Home with w h Two Bedroom Suite! Only 9 years Old!

Completely Renovated Rocky Point Condo!

5 Bedrooms, 3 Baths, 2,094 sq. ft., Remainder of Warranty, Garage, walk to schools, parks, shopping & bus service, Mortgage Helper, Hurry Act Now!

2 bedrooms, 2 baths, 1,050 sq. ft., child & pet friendly, bright open floor plan, upgraded appliances, ensuite, covered balcony, fireplace, storage locker, great neighbourhood. Hurry, Act Now!

3 Bedrooms, 1 bath, 1,116 sq. ft., low strata fee, super clean & bright, walk to schools, parks, bus, Buttertubs Bird Sanctuary and golf course. Buyer friendly, Act Now!

4 beds, 3 baths, 1,757 sq. ft., 3 year old roof, cul-de-sac, RV parking, Many Improvements, Very Bright, Fully Fenced, easy care landscaping, large stamped concrete patio, Excellent Area, walk to schools, bus, parks, shopping & Oliver Woods Rec Centre. Hurry Act Now!!

Ext. 1161 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1032 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Ext. 1042 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Affordable, Affordable, Affordable!!

Beautiful North Nanaimo Ho ome!! !!

Cell (250) 616-1996 | Bus (250) 751-1223 | Fax (250) 751-1300 Email chris@chris-martin.ca | www.chris-martin.ca PERSONAL REAL ESTATE CORPORATION

20 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

Lot 8 - Kurtis Crescent - $179,900

250-797-0638 xusun.ca

sunxu999@hotmail.com 4142 Golfview Drive

5210 Fox Place

D! SQUOICL KLY

$469,000

MLS# LS# 329840 32984

NANAIMO REALTY

Ocean view level entry home 3 beds + den, 3 baths, 2,724 sq. ft. Heat pump, Quick possession

$425,000

MLS# LS# 329843 3 984

Fabulous ocean views of the Strait of Georgia wonderful 2,493 sq. ft., 4 bed, 3 bath home in Nanaimo.

Bayview Gardens (297 Hirst W Ave, Parksville) Unit #110

Unit #301

$259,900

MLS# LS# 327898 32789

• Two bedroom condo • quality flooring • granite counters

• 6 appliances • A private patio • No HST.

Unit #302

5 acre property allowing 2 dwellings.Well is in place and the septic field plan is being filed with the health authority.

River Road - Chemainus - $249,900 16.6 acres of riverfront paradise only minutes from downtown Chemainus. Road is in, city water to the building site and geotech survey done on one building site. Zoned for 2 dwellings.

6069 Waldbank Road - $384,900 Great price for a fully renovated ocean view North Nanaimo home. New kitchen with a large butcher block island and granite counters, new hardwood floors, interior doors, baseboards and trim.

6721 Icarus Drive - $549,900 Here is your opportunity to enjoy the ever changing ocean views of one of North Nanaimo’s best neighbourhoods just minutes away for beach access.

$299,900

MLS# LS# 321185 32118 • Ocean and mountain view.

Located in the heart of Parksville, walking distance to beach, shops and

restaurants • 2 bedroom + den • 2 bathrooms • 1112 sq. ft

Un t #401 Unit

1370 & 1364 - Kurtis Crescent - $699,000 Looking for your own personal estate, this property has 5 acres of usable park like land with 2 homes and a 3 bay garage.

Scan this image with your smart phone to get more information on these properties.

$299,900 $299,900 $299,9

MLLS M LS# 3211 21184 8 84 MLS# LS# 321184 • Ocean and mountain view • In the heart of Parksville • Walking distance to beach

• 2 bedroom + den • 2 bathrooms • 1196 sq. ft.

$314,900

MLS# LS# 321187 3 1187 • Ocean and mountain view • Located in the heart of Parksville • Walking distance to beach,

shops & restaurants • 2 bedroom + den • 2 bathrooms • 1092 sq. ft.

Ryan y Andrew

Real Estate Agent & A Very Nice Guy ww www.ryanandrewsells.com

250.756.1132 • Toll Free 25 ree 1.800.377.4374 1.800.377.43 4374

IF YOUR HOME IS HERE

See us at our New Location #3-4341 Boban Drive

(next to new City Tile location)

Custom Drapery & Hardware

Central Vancouver Island’s only

Dealership

Come Be Inspired #3 - 4341 Boban Dr. Nanaimo (next to City Tile Location)

www.westcoastsbc.com

Satisfaction guaranteed

YOU’LL HAVE

66,500 OPPORTUNITIES FOR BUYERS TO SEE YOUR HOME!

REAL ESTATE

NANAIMO AIM

Wallpaper

FOR SALE

RE VI E W

OPEN HOUSES

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 21

NO

!* GST NLY O Y ! PA HST

THYME PLACE (Off McGirr Road) OPEN HOUSE SAT. & SUN. 1-4 PM

Starting at

First 2 Sales will Receive a

NO HST

FREE Washer & Dryer!

$249,900+GST! NOW ONLY GST!*

*Call For Details • No Rental Restrictions • Close to All Amenities • Desireable & Affordable!

• 2 bdrms + den, 2 bthrms • From 1214 - 1387 sq.ft.

• 9 Foot ceilings/Fireplace

NO

!* GST NLY O Y ! PA HST

THE LUXFORDS ON LEXINGTON (Off McGirr Road) OPEN HOUSE SAT. & SUN. 1-4 PM

Starting at

FREE Heat Pump

$ $373,900 +GST!*

at 101-6211 Lexington Place if purchased before Month end Month-end

Level Entry’s Now Starting at

$399,900+GST!

• 3 Bedrooms, 3 Bathrooms • Elegant Designs • Open Floor Plans

*Call For Details

BLACKCOMB RIDGE (On Ridgemont Pl. off Mtn. Vista Dr) OPEN HOUSE SAT. 1-4 PM

!

ING PRIC NEW

New Prices from

Call MARK KOCH direct to view 250 714 6959 250-714-6959

$219,900 +HST!

Call us today to view!

• 3 Bedrooms, 2 Bathrooms • 1190 sq. ft.

• Great Room Style

$229,900

• Beautiful Flooring • Close to All Amenities • From 1823 - 2485 sq. ft.

*Call For Details

• 9 Foot Ceilings • Gourmet Kitchen • Desirable Neighbourhoods

(2111 Meredith Road)

MEREDITH

OPEN HOUSE SAT. & SUN. 1-4 PM

COURTS

Affordably priced from

$217,900! (+ HST)

• 2 bedrooms, 2 bathrooms • Approximately 945 sq. ft.

• Luxurious open floor designs

• Games/Fitness/Amenities room • Central location near all amenities

*Call For Details

These developments qualify for the governments first time home buyer bonus (pending approval) * Call for details

Full details & photos at www.thompsongodfrey.com

Info: kaz@royallepage.ca • Greg Kazanowski 250-756-1132

P.250.751.1223 1-5140 Metral Drive Nanaimo, BC C V9T 2K8

www.remaxocean.bc.ca Serving Lantzville, Nanaimo, Ladysmith, Chemainus, Crofton and beyond...

Handyman Special Bring an offer and finish yourself

504 Duke - $319,900 Four bedroom character home. Within walking distance to all levels of schools and the University. Large corner lot, full basement, could become a suite.

4 Bedrooms Departure Bay Immaculate 4 bedroom, 2 bath family home located in a quiet area near schools in Departure Bay with ocean glimpses to watch the ferries come and go.

With open beam ceilings, hardwood flooring, 2925 Wildwood - $394,000 fresh paint, and over 2700 sq. ft. of finished living area, this home is move in ready. A very private fenced back yard with new 700 sq. ft. deck, and 10x12 shop/storage is great for the whole family. The home is a “Must See,” so call now for an appointment to view your new home.

1905 154 Promenade - $587,000 The huge panoramic Ocean and Harbour views from this home 19 floors above it all, will make every day just a little bit better. Upgrades including Corian counters, a deep 6th Soaker tub, and premium fixtures, located in one of Nanaimo’s most prestigious buildings, make this home stand out as one of the best. With 2 bedrooms, 2 baths, a large Den that could serve as a third bedroom, and 1446 square feet to roam, there is plenty of room for guests as well. Included is the use of a large heated swimming pool with hot tub, an exercise and weight room with a variety of machines, and a recreation room for larger gatherings. Privacy and security are provided with keyed entrances, and 2 underground secure parking spots connected to your home by 2 elevators. Located in the parking level, there is also a large storage unit, and extra space to secure bicycles if required. Uptown living right in downtown Nanaimo, with shopping, casino, buses, seaplanes and ferries within walking distance. Go for the good life in the Beacon. Call now for an appointment to view, quick possession is possible.

HELP...

All my listings are selling or are sold! Let me sell yours. Call my cell anytime 250-716-6708 or the office 250-245-3700 Call me today for a FREE MARKET EVALUATION. It will cost you nothing to find out what your property is worth. You may be pleasantly surprised.

CONTACT FRASER CARMICHAEL GETTIN’ YOU MOVING IS OUR GOAL!

Take our Virtual Tour at www.greatwestislands.com • Toll Free 1-888-291-5263 Thinking of selling? Do you know what your house is worth today? If you would like to find out, call us anytime and we will be happy to do a Free market analysis for you. You may be surprised. No obligation.

22 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

Understanding Real Estate Terminology If you’re thinking of buying a home for the very first time, the process may seem a little confusing -- even intimidating. You’ll find yourself immersed in what may seem like a whole new language as you hear terms like “encroachments,” “blended mortgage payments,” “buy-downs” and “debt service ratios.”

To help you better understand the language of real estate, the Vancouver Island Real Estate Board has compiled a glossary of some of the most common real estate terms which you’re likely to encounter. When reading it over, keep in mind that the list is by no means exhaustive. Still, it’s a general list which will give you a basic understanding.

Adjustment Date: The day from which all calculations of interest, tax adjustments, utility bill adjustments (if applicable) are made to the credit of either the buyer or the sellers. This is usually (not always) the same as the possession date.

Amortization: The number of years it takes to repay the entire amount of the mortgage.

Appraised Value: An estimate of a property’s market value, used by lenders in determining the amount of the mortgage.

Assessed Value: The value of a property, set by the BC Assessment Authority, for the purposes of calculating property tax.

Buy-down: When the seller reduces the interest rate on a mortgage by paying the difference between the reduced rate and market rate directly to the lender or to the buyer.

Closing: The real estate transaction’s completion, when the parties involved agree that all legal and financial obligations have been met and the deed to the property is transferred from the seller to the buyer.

Condominium Common Property: The portions of a condominium development owned in common (shared) by the unit owners e.g.: pool, exercise room, lobby, etc. A strata fee is charged to every unit owner for the use of the common property.

Condominium Ownership: Shared ownership in a strata-titled property. Owners have title (ownership) to individual units and a proportionate share in the common property.

Conventional Mortgage: A first mortgage issued for up to 75 per cent of the property’s appraised value or purchase price -- whichever is lower.

Conveyance: The term used to describe the process of transferring the seller’s title to the buyer and indicates all the necessary steps to complete the transfer. A conveyancer is a lawyer or Notary Public responsible for the conveyance process.

Counter-offer: An offer made by the seller back to the buyer altering one or several terms and/or conditions of the offer as originally written.

Gross Debt Service (GDS) Ratio: This is the amount that a lender will permit a borrower to use from his/her gross income in order to qualify for a loan for housing costs, including mortgage payment and taxes (and condominium fees, when applicable).

Total Debt Service (TDS) Ratio is the maximum percentage of a borrower’s income that a lender will consider for all debt repayment (other loans and credit cards, etc.), including a mortgage.

Lien: Any legal claim against a property, filed to ensure payment of a debt.

Mortgage: A contract between a borrower and a lender. The borrower pledges a property as security to guarantee repayment of the mortgage debt.

Mortgage Insurance: Government-backed or private-backed insurance protecting the lender against the borrower’s default on high-ratio (and other types of) mortgages.

Mortgage Life Insurance: Insurance that pays off the mortgage debt, should the insured borrower die.

Mortgage Penalty: Is a fee paid by the borrower to the lender in exchange for being permitted to break a contract (a mortgage agreement); usually three months’ interest, but it can be higher or it can be the equivalent of the loss of interest to the lender.

Multiple Listing Service® (MLS®): A current and comprehensive listing system for relaying property information to VIREB’s REALTORS. This service offers the widest exposure to properties listed for sale and includes total exposure on the Internet (mls.ca).

Principal: The mortgage amount initially borrowed or the portion still owing on the mortgage. Interest is calculated on the principal amount.

Property Condition Disclosure Statement: This form enables sellers to disclose known defects. If the seller decides not to complete the form and does not disclose known defects, he or she is still held liable. The form also serves as a checklist for buyers enabling them to address concerns about the property’s condition on the spot. The form was developed by the British Columbia Real Estate Association.

Property Taxes: This levy is affected by location and is determined by local property tax assessment practice. Tax assessments are conducted by local governments. They are paid on an annual basis.

Property Transfer Tax: Payment to the provincial government for transferring property from the seller to the buyer. However, first-time buyers are exempt under certain circumstances.

REALTORS: Real estate professionals who are members of the Vancouver Island Real Estate Board and the British Columbia and Canadian Real Estate Associations. Only these professionals can call themselves REALTORS. Rights of Way: Are indicated on title at the Land Title Office; often for use of utilities or city or municipality on order to make repairs to pipes, etc.; no permanent structure may be built on a right of way.

Statements of Adjustments: Closing statements in a real estate transaction which set out the sources of funds which make up the purchase price, adjustments to and from the purchase price, the final amount required from the buyer and the amount due to the seller. Lawyers will prepare a statement for the seller and the buyer.

State of Title Certificate: A copy of the title which lists charges against the property e.g.: liens, mortgages, rights of way, etc.

“Subject-To” Clause: A statement of a condition to be fulfilled before the contract will become firm and binding; must include a specific deadline for removal.

Deed: A legal document that conveys (transfers) ownership of a property to a buyer.

Title: The legal evidence of ownership in a property.

Easement: A legal right to use or cross (right-of-way) another person’s land for limited purposes. A common example is a utility company’s right to run wires or lay pipe across a property.

Title Search: A detailed examination of the ownership documents to ensure there are no liens or other encumbrances on the property, and no questions regarding the seller’s ownership claim.

Encroachment: An intrusion onto an adjoining property. Common examples are a neighbour’s fence, storage shed or overhanging roof line that partially (or even fully) intrudes onto your property.

Utility Taxes: Examples may include water, sewer and garbage (may include recycling levies).

Equity: The difference between the price for which a property can be sold and the mortgage(s) on the property. Equity is the owner’s stake in the property.

Foreclosure: A legal process by which the lender takes possession and ownership of a property when the borrower doesn’t meet the mortgage obligations.

High-Ratio Mortgage: Is a mortgage that exceeds 75% of the loan-to-value ratio; must be insured by either the Canada Mortgage and Housing Corporation (CMHC) or a private insurer to protect the lender against default by the borrower who has less equity invested in the property.

Variable Rate Mortgage: A mortgage for which payments are fixed, but whose interest rate changes in relationship to fluctuating market interest rates. If mortgage rates go up, a larger portion of the payment goes to interest. If rates go down, a larger portion of the payment is applied to the principal.

Seller Take-Back Mortgage: When sellers use their equity in a property to provide some or all of the mortgage financing in order to sell the property.

This article was presented by the Vancouver Island Real Estate Board for the information and benefit of consumers.

The Vancouver Island Real Estate Board (VIREB) represents over 900 REALTORS and administers of the Multiple Listing Service® system north fo the Malahat to the northern-most reaches of the Island. This article was provided on behalf of VIREB REALTORS for the information and benefit of consumers. For more information, visit the Vancouver Island Real Estate Board’s website at www. vireb.com or call 250-390-4212.

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 23

Call me to see how yyou can save upp to $10,000 on the purchase of your new home.

Cell: (250) 616-9777 C

Tel: (250) 756-2112 Cell: (250) 739-8900 www.susangerrand.com

A REALTOR® THAT MEASURES UP

www.heasliphomes.com

3059 Hillview, Lantzville

• • • •

$199,000

• • • •

8.55 acres. MLS 427156

RHONDA HEASLIP

Each Office Independently Owned & Operated

$79,900 ,

1-5140 Metral Drive Nanaimo, BC V9T 2K8

Where you can buy 2+ acres on Ruxton Island? Great recreation or holding. Right here - Call us.

Imagine living in a quaint Seaside Village where you can stroll down to the water’s edge and watch all the waterfront activity. MLS# 317673

• 2 bedroom condo • 2 separate balconies • Fantastic view If you are thinking of selling call us for a no obligation MARKET EVALUATION and a step by step guide to show you how we can get your home SOLD!

Updated double wide mobile home 2 bedroom, 1 bathroom Furniture included 788 sq. ft.

1905 Matterson Road $619,900

Horse country anyone? Hobby farm ready to go with 3 stall barn, fenced and cross fenced, great for horses. Lovely country settings with access to mountain trails for riding. Large home currently has 4 bedrooms, 3 bathrooms, all upgraded. In the main living area, large country kitchen with oak cabinets, great room and family area. Second kitchen and 4th bathroom just off the family room. Implement shed with 2 bays for hay storage and equipment. Large shop will hold 4 cars + offers over height doors for the mechanic or wood worker of whatever your heart desires. Min. to the airport, Ladysmith or downtown Nanaimo. Great opportunity to live your dreams.

$ $244,000 ,

1948 sq. ft., 4 bedrooms, 3 baths Large, private, park-like backyard 3 decks and a hot tub Double garage with workshop, RV parking

33-3449 Hallberg g Road $59,900

5424 Carmichael Rd.

Cowichan Bay

• 1,960 sq. ft., 4 bed, 3 full baths, fully fenced level lot • Quiet cul-de-sac, backs onto nature pond and trails • Beautifully & fully finished on both levels

3351 Uplands p Drive $369,000

• Ocean View • Huge Shop • 2 bed, 1 bath • .46 Acre

Ruxton Island

5049 Bullrush Place $314,900

• • • •

449 Nottingham g Drive $472,400 • • • •

250-816-7741

FREE HOME EVALUATION • Accurate • No Cost • No Obligation

2.68 acres of Paradise Quality built & tasteful decor 3 bedroom, 3 bathrooms Engineered bamboo flooring

Cottle Creek Estates 4 bedrooms, 3 bathrooms Heat pump Solid maple cabinets, granite counter tops

444 Alpine p View Road $199,000 • • • •

Extensively Renovated 3 bedrooms, 2 bathrooms Maple cabinets TAHSIS DIAMOND! Mountain view

Proud sponsor of Children’s Miracle Network.

Donating a portion of commission on every house I sell.

Looking to buy?

Looking to sell?

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for professional quality service.

24 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

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NORTH NANAIMO ADDRESS • • • • •

6526 Kestrel Crescent 107 - 4965 Vista View Crescent The Luxfords - 101-6211 Lexington g Pl. ((off McGirr)) 6201 Thyme y Place ((off McGirr Rd.)) 4881 Finnerty

DIVER LAKE ADDRESS

• 2403 Brandon Wayy • Blackcomb Ridge - Ridgemont Pl. (off Mountain Vista)

UPLANDS ADDRESS

• 5343 Arbour Lane • 5049 Bullrush Place

DEPARTURE BAY ADDRESS

• 3430 Barrington g Road • Maveric Place

PARKSVILLE ADDRESS

• Unit 16 - 500 Corfield Steet

QUALICUM ADDRESS

• 460 Linden Place

FRENCH CREEK ADDRESS

• 1281 Roberton Blvd, French Creek

CENTRAL NANAIMO ADDRESS

• Meredith Courts - 2111 Meredith Road

CHASE RIVER ADDRESS

• 1715 Harvest Place

DATE & TIME

PRICE

Sat. March 17,, 12:00 to 3:00 Sun. March 18,, 10:00 to Noon Sat. & Sun.,, 1:00 to 4:00 Sat. & Sun.,, 1:00 to 4:00 Sun. March 18 & 25, 1:00 to 3:00

$$649,000 , $$249,900 , Startingg $$373,900 , +GST Startingg $249,900 $ , +GST $569,000

DATE & TIME

PRICE

Everyy Wed.,, 2:30 to 5:00 Sat., 1:00 to 4:00

DATE & TIME

Sun. March 18,, 2:00 to 3:30 Sat. March 17, 2:00 to 4:00

DATE & TIME

Everyy Dayy 1:00 to 4:00 Sat. & Sun. 1:00 to 4:00

DATE & TIME

March 17, 18, 24 & 25, 1:30 to 4:00

DATE & TIME

$264,900 $ , Starting $219,900 +HST

PRICE

$$304,900 , $314,900

PRICE

Startingg $477,200 $ , Starting $339,000 +HST

PRICE

Starting $349,900

PRICE

Sun. March 25, 10:00 to Noon

$427,500

DATE & TIME

PRICE

March 17 & 24, 10:00 to Noon

DATE & TIME

Sat. & Sun., 1:00 to 4:00

DATE & TIME

Sat. & Sun., March 17 & 18

$438,500

PRICE

Starting $217,900 +HST

PRICE

$399,000

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 25

Working and Winning Together!

TAKING EXTRA CARE OF FIRST TIME BUYERS

MID-ISLAND MORTGAGE & SAVINGS LTD. “The Name Friends Recommend”

LOCALLY OWNED & OPERATED SINCE 1985

306-160 Vancouver Avenue. Location, Location, Location. This cozy, centrally located condo. Walking distance to downtown & ferry terminal. Beautifully finished building, surrounded by nicely landscaped grounds. This unit has a balcony, walk-in closet, parquet flooring, stainless steel appliances, freshly painted, and an in-unit laundry. Secure parking with a storage unit in the basement.

Lowest Ra tes In Nanaim o!

Our locally Ou oca y owned o ed a and d operated services are prompt, professional and FREE ■ 24 Hour turn around ■ Pre-Approval ■ Purchases ■ Rental Properties ■ Refinances ■ Debt Consolidation ■ No Down payment ■ Credit Issues ■ Self Employed ■ 1st Time Buyers ■ Private Financing

250-753-2242

$499,900

Lot 62 Coho Blvd. Mudge Island

PRICED WELL BELOW ASSESSMENT! Waterfront home on Mudge Island, you can moor your boat out front and walk right into your own waterfront home from your own float and walkway all only minutes from Nanaimo or Gabriola Island. The home is 2500 square feet, a large kitchen, large master bedroom. Both kitchens have lots of maple cabinets. There is an extra selfcontained suite, large sundecks front and back. Home comes with 9’ ceilings, all the furnishings, a great well, and boat and motor.

Call me for any of your Real Estate needs.

www.midislandmortgage.com ❙ 12-327 Prideaux Street Call

$164,900

Best Price in Town!

Nanaimo Realty #275 - 200 Island Highway, Nanaimo, B.C. V9S 5W3

Scott Forrest 250-756-1132

cato4@shaw.ca

NANAIMO’S #1 REALTOR for Sutton Group from 1993 ~ 2010

www.waynemyhal.com

#604 - 5800 Turner Road Nanaimo, BC,V9T 6J4

Personal Real Estate Corporation

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Bus:(250) 756-2112 • Res:(250) 756-7730 • Fax:(250) 756-9144 • Cel:(250)616-1792 • Email: wmyhal@shaw.ca North Nanaimo Duplex ONLY $429, 900

SHARP HARP PRICE!!! CALL NOW NO

✓ Excellent investment property in a great north Nanaimo location off Hammond Bay Rd. ✓ Full side by side duplex 2 storey style with 3 upper bedrooms each side. ✓ Numerous updates, modern kitchens and flooring, great condition ✓ Large private yard, plenty of parking, close to bus route and services ✓ Great rental income, or you can live in one side and rent out the other.

GREAT PRICE PRIC AT ONLY $329,900 $329 900

Rocky Point Estate Home on 2.17 Acres

ONLY $598 $598,000 98 000

✓ Beautiful 5 bedroom, 3 bathroom home ✓ Super north Nanaimo location ✓ Ocean views, magnificent landscaping ✓ Subdividable, great investment potential ✓ Sharp price

SHARP PRICE!!

PRICE!

✓ 1 year old townhome in a great Departure Bay area ✓ Executive style, hardwood floors, 9’ ceilings ✓ 3 bedrooms, 3 bathrooms, garage, gas fireplace ✓ Designer kitchen with island and antique white cabinetry ✓ Shows immaculately

ONLY $224 900 $224,900

SUPER BUY!!!!

BUY!!!

O y $299,900 Only $299 900

✓ 5.95 acres on a q quiet dead end road in beautiful Yellow Point ✓ flat and easy y to build on with cleared building g site ✓ drilled well and septic p system y ✓ zoning g allows for two houses ✓ nicely treed for great privacy

SHARP PRICE PRIC ONLY $429,900 $429 900

EXECUTIVE HOME ON 1.23 ACRES JINGLEPOT AREA

ONLY $549 $549,900 549 900

✓ Magnificent executive home on a beautiful acreage ✓ Two storey colonial style, level entry, 4 bedrooms plus huge bonus room ✓ Designer maple kitchen with island ✓ Feature fireplace, formal living & dining rooms ✓ Shows immaculately, high quality finishing

✓ over 3000 sq. ft of luxurious living ✓ 4 bdrms, 4 baths, 5 f/places ✓ designer maple kitchen, stainless appliances ✓ 3 decks with high-end spa ✓ too many extras to list

Luxury Apartment Longwood!!

PRICED AT ONLY $218 $218,000 218 000

✓ Large one bedroom condo in prestigious Longwood complex ✓ Private balcony with good southern exposure ✓ Open layout, good sized kitchen ✓ Gas fireplace, 2 storage units, underground parking ✓ Club house onsite, close to all shopping at Longwood Station

Waterfront Estate Rocky Point

Save Thousands On Listing Commissions!!!

Negotiable Commissions!!!

Call Today For A Complete FREE Listing Evaluation And Commission Proposal!!!

✓ Waterfront living at its finest ✓ Executive one bedroom condo ✓ Underground parking and secured entry ✓ Hardwood Floors, open plan, gas fireplace ✓ Great price!!!

North Nanaimo Newer Executive Home

Sensational Cedar Acreage 5.95 Acres

Modern Family y Home Departure Bay Only $364,900 ✓ Beautiful modern family home in a super location ✓ 4 bedroom, 3 bathrooms, gas fireplace ✓ Huge country kitchen with island ✓ Short walk to ocean ✓ Solarium, hot tub & great landscaping

Waterfront Condo Pacifica

Beautiful Townhome Departure Bay... No HST

PRICED AT $1,100,000 $1 100 000

✓ Magnificent walk on waterfront property with approx. 115 feet of ocean frontage. ✓ Large beautiful landscaped .66 acre lot. ✓ Executive home with over 4,600 sq. ft. of luxurious living. ✓ Level entry with full walkout basement ✓ 4 bed, 4 baths, 3 fireplaces ✓ Top quality features, too many to list

26 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012

FRUQHUVWRQHWLOH

THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012 – 27

NO

* ST! YG L N YO ! PA HST

THE LUXFORDS ON LEXINGTON

(Off McGirr Road) OPEN HOUSE SAT. & SUN. 1-4 PM

3150 sq. q ft.,, 3 bdrms + Den + Bonus room 3 bthrms,, Stunning g home,, Exclusive Neighborhood, g , Deluxe custom finishing, g Patio w/Granite kitchen, gas g f/p p & hot tub.

$ $699,900 ,

6122 Denver Way $194,900 1620 sq. ft. mobile on pad @ Crest 2 MHP, 2 bdrms - 2 bthrms, Forced air heat pump, Seniors oriented, Small pets allowed.

5425 Leslie Cres $389,900 5 bdrms - 3 bthrms, 2260 sq. ft., Ocean View, Landscaped. Fully fenced in the rear, Inground Pool.

1725 Centennary Drive $799,900 2668 sq. ft., 3 bdrms-5 bthrms, Updated home on 5.35 acres. Potential for future development. Cherry wood floors on main level.

3387 Greyhawk Dr. $449,000 1667 sq. ft. rancher, 3 bdrms - 2 bthrms, Vaulted ceilings, Brazillian Cherry wood flooring, Slate floors kitchen & baths, Hardi Plank exterior.

5363 Somerset Dr. $334,900 4 bdrms - 3 bathrms home includes 1 bdrm unauthorized suite, Large lot approx third of an acre.

5150 Simmher Pl.

6180 Mystic Way $389,000 2162 sq. ft., 3 bdrms-3 bthrms, Updated Ocean view home, south exposure fenced yard.

5410 Arnhem Terr

$354,900

1924 sq. ft updated home, 4 bdrms - 2 bthrms, .41 acre corner lot, 900 sq. ft shop/garage, Bsmt suite potential.

• • • • • •

3 Bedrooms, 3 Bathrooms Elegant Designs Open Floor Plans Beautiful Flooring Close to All Amenities From 1823 - 2485 sq. ft.

Y ! PA HST NO

Starting at

FREE Heat Pump!

$373,900!

#101-6211 Lexington Rd. If purchased before Month-end

*Call For Details

PLUS GST!* P Level Entry’s Now Starting at

$399,900 +GST!

THYME PLACE

* ST! YG L N O

(Off McGirr Road) OPEN HOUSE SAT. & SUN. 1-4 PM

• 2 bdrms + den, 2 bthrms • From 1214 - 1387 sq.ft.

First 2 Sales will Receive a

• 9 Foot ceilings/Fireplace

FREE Washer & Dryer!

• No Rental Restrictions • Close to All Amenities • Desireable & Affordable!

937, 941, 945 Haliburton St. $199,900

NOW ONLY GST!*

3 building lots total 29,900 sq. ft., Ocean View, Good Hwy Exposure, R6 zoning pending.

*Call For Details

• • • • •

COURTS

2 bedrooms, 2 bathrooms Approximately 945 sq. ft.

Luxurious open floor designs Games/Fitness/Amenities room Central location near all amenities

OPEN HOUSE SAT. & SUN. 1-4 PM

Affordably priced from

$217,900!

$309,000

1579 sq.ft., 3 bdrms, 3 bthms, West Coast design, Located at Galena Place, Open floor plan, Huge ceiling vaults & picture windows, Gas F/P.

LOTS & ACREAGES

Starting at

$249,900!

NO HST

1711 sq. ft. 2 level townhome, 3 bdrm - 3 bthrms, Backs onto Park, Departure Bay view, Pets allowed.

LOT 4 HILLVIEW ROAD Nanoose Bay - .55 Acre ocean view building lot, 100’ wide .........$149,900 141 WESTWOOD RD. 3.43 Acres - Development Property ............................................$649,900

8445 Lisa Lane $749,900 3315 sq. ft., 4 bdrms - 4 bthrms incl. 1 Bedroom Suite down, Panoramic Ocean View, on 2.69 acres.

#201-1908 Bowen Rd. $179,900 1113 sq. ft., 2 bdrms - 1bthrm, Updated top floor corner suite, Mtn views, S exp, Pets allowed-some restrictions.

6427 Zante Pl.

102-6204 Lexington Pl. $393,000 1,823 sq. ft., 3 bdrms - 3 bthrms, Near new Luxfords town home - NO HST, Deluxe finishings.

3871 King Arthur Dr. $159,000 2 bdrms, 2 bthrms, 938 sq.ft. Rancher. Deerwood Est. Vaulted ceilings, Large living room. Fully landscaped yard. Pets allowed.

(2111 Meredith Road)

MEREDITH

6102 Montgomery g y Way y

4-2820 Elk Street

$289,900

411-770 Poplar St. $234,900 902 sq. ft. 2 bdrms-2 bthrms, Great Ocean Views. Large deck facing view. Quiet side of bldg. Pets allowed.

$589,900

3450 sq.ft., 3 bdrms-4 bthrms, Striking ocean views, High ceilings, Open staircase, Bright kitchen, Fenced & nicely landscaped.

(+ HST)

*Call For Details

NO HST!!

NO T!! !! *Call for details!

BLACKCOMB RIDGE

(On Ridgemont Pl. Off Mountain Vista Drive)

OPEN HOUSE SAT. 1-4 PM

CALL MARK KOCH DIRECT TO VIEW 250-714-6959 882 Howard Ave. $389,900 (+ NET GST ONLY) 2072 sq. ft., 3 bdrms PLUS 2 bdrm LEGAL bsmt suite, Level entry walk out bsmt floor plan.

COMMERCIAL AND DEVELOPMENT PROPERTIES • • • • •

3 Bedrooms, 2 Bathrooms 1190 sq. ft.

Great Room Style 9 Foot Ceilings 5 Ft. Crawl Space For Extra Storage • Desirable Neighbourhoods

New Prices $219,900 Call us today to view!

Data & measurements are approximate & should be verified if important.

Surf Lodge g Gabriola Island

• Rustic Lodge on nearly 7.4 acres of majestic property • Stunning waterfront views • Fully functional Lodge, kitchen, pub & guest rooms • Ideal Destination Property!

885 Berry Point Road

$1,795,000

Nanaimo Travellers Lodge g

• Fully operational senior’s care facility • Near Hospital and Physician’s Offices • On 1.87 Acre Property. Call for further details.

1298 Nelson Street

$4.5 million

1413 Stonelake Dr., Nanoose

$649,900

2716 sq ft, 3 bdrms-3bthrms, Custom built home, .45 Acre level landscaped lot, Exclusive deluxe finishings.

Not intended to solicit properties already listed.

28 – THE NANAIMO REAL ESTATE REVIEW, MARCH 15, 2012