January 31, 2013

REAL ESTATE

NANAIMO

Printing Websites www.eliteimage.ca

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, JAN. 31, 2013

FEATURE PROPERTY

NEW HOME IN FAIRWINDS GOLF & COUNTRY CLUB SCHOONER COVE IN NANOOSE BAY - $830,000 Built around a natural rock formation this home has very positive FengShui. Private 1/3 ac on the 9th Tee and overlooks the 8th green. This custom property has 3 bedrooms, 3 baths, 2 laundry rooms, 2 wine cellars and an elevator (roughed in). Full media room and a games room.

9 foot ceilings throughout. The main living area features huge picture windows capturing the 180 degree golf course view. 830 sq ft sun deck with outdoor BBQ centre & gas fireplace. Private putting green. The master suite has a very large ensuite with a glass enclosed shower and separate Kohler claw foot tub. Heated floors in the kitchen and bathrooms.

Beautiful cabinets and granite counter tops throughout. “Smart home” wired. Wheel chair accessible. See page 4 for more information.

Call Sue Tompkins of Realist Realty to view 250.954.5561

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, JANUARY 31, 2013

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.

Call us, your independent broker, for a free quote today.

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 250.585.2950 #104-191 Jensen Ave. E., Parksville 250.586.2950

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

NA NEWS BNAIMO ULLETIN

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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 5 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

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

Lowest Ra tes In Nanaim o!

LOCALLY OWNED & OPERATED SINCE 1985

Our locally y owned and 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

OPEN HOUSES

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 3

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

Starting at

$244,900 +HST

NEW PHASE NOW SELLING!

*Call For Details

• • • •

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

9 Foot ceilings/Fireplace No Rental Restrictions

• Close to All Amenities • Fine finishings throughout

THE LUXFORDS ON LEXINGTON (Off McGirr Road) OPEN HOUSE SAT. & SUN. Prices c Starting at

$ $369,900 ,

Large g Level Entry Plan Starting g at

+HST

$389,900

*Call For Details

+HST

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

(2117 Meredith Road)

MEREDITH

OPEN HOUSE SAT. & SUN.

COURTS

Affordably y priced from

$ $194,900! +HST

BRAND NEW W PLAYGROUND! PLAYGROUND

*Call For Details

• 1 & 2 bdrms, 2 bathrooms • Approx. 875-1170 sq. ft.

• Luxurious open floor designs

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

These developments qualify for the government’s first time home buyer bonus * Call for details

Full details & photos at www.thompsongodfrey.com

P.250.751.1223

250-753-2242

O

THYME PLACE (Off McGirr Road) OPEN HOUSE SAT. & SUN.

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

CALL FOR A FREE EVALUATION. CREST II

CUSTOM HOME 2.5 ACRES $649,000

• Total renovation like new • Private 2.5 acres Nanoose • 3 Beds + den, 3 baths • Bright open plan, large rooms • Large patio for entertaining off family room • Heat pump and much more

CUSTOM LAKE FRONT

$537,500

• Level Entry 3556 sq. ft.

• Vaulted Ceilings • Media Room + Family Room • 5 Bedrooms, 4 Bathrooms • Private Suite, plus much more

MICHAEL P E T E R S O N

PERSONAL REAL ESTATE CORPORATION

$179,000

NEW LEVEL ENTRY!

$369,900

OCEANFRONT ACREAGES

$169,900

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

• Quality finishing • Separate 2 bdrm suite • 2640 sp.ft., finished • Steps to schools & Bus. • Area of quality homes

• Valdes Island East Coast • All 5+/- acres in size • 7 to choose from • Treed with good building sites • Great Holding Property • Boat access only

2 BEDROOM CONDOS

MT. WASHINGTON LOT

DESIRED MHP

Starting $79,900

$69,900

ONLY 128,000

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

• Best Priced Lot. • Flat & Easy To Build • $4,000 Geo Tech Fees Paid • Last Similar Sale $92,500. Call Today

• Large bright 2 bed, 2 bath home • Private location and lot • Covered patio and parking • Double wide with lots of storage • Close to everything and on bus route

ADULT PARK

INVESTOR ALERT!

UNIVERSITY AREA

$49,900

• 2 bedrooms + den • Private setting • Bonus room or storage • Walk to shopping • Some Updates

$189,000

•Great first home or investment •Currently rented to good tenants •Big lot, lane access, close to amenities

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

250.751.1223

$180,000

• NO HST, almost new • Live in or rent out • Hawthorn Corner • Walk to VIU & D/T • Whistler style home

OF NANAIMO

“Independently owned and operated”

1- 5140 Metral Dr., Nanaimo

1.866.314.8620

4 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

#4205-997 Bowen Rd.

#201-240 Milton

#206-1685 Estevan Rd.

#104-24 Prideaux Street

6063 Cedar Grove Drive

WATERFRONT CONDOS

THE BEACON 99,000

$

157,000 • 2 bedrooms •Bright end unit •Great location $

• 1 bedroom, 1 bathroom • Approx. 668 sq. ft.

• Walking distance to VIU • Rentable, perfect for university student rental

169,000

$

• Approx. 1,010 sq. ft.

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

Bev Mason-Wood

Bev Mason-Wood

Bev Mason-Wood

2347 Bowen Road

#605-265 Mills St. Emerald Estates, Parksville

213-1633 Dufferin Cres.

The Fountains

179,500 • 2 bedroom, 2 bathroom • Approx. 987 sq. ft.

• Lovely, bright, w gas f/place, corner deck $

Judy or Guy Litton

$ 213,800 239,900 • SENIORS Independent • Diver Lake Townhome • End unit, 2 bdrms, approx. living Complex • 2 bdrm., 2 bath 1243 sq ft, 6 yrs young • Approx. 871 sq ft.

• 2 levels $

213-2562 Departure Bay Seascape

219,900 • Approx 1163 sq. ft • 2 bdrms., 2 bath, air conditioner with remote!

• Pet allowed w/restrictions

240,000 • 190º OCEAN VIEWS! • 2 bdrm, 2 bath, approx. 1125 sq. ft • Renovated incl. new walk-in shower Bev Mason-Wood

$

Bev Mason-Wood

Sue Tompkins

Bev Mason-Wood

#110-50 Mill Street

100 Summit Drive

#308-335 Hirst Avenue

$

211-4949 Wills Road

244,900 • 2 yrs young •1600 sq. ft., 3 levels •2bdrm, 3baths +den

Cameron Island

Approx. 2,533 sq.ft. Floor to ceiling windows, 20 ft ceiling in the living room. Granite fireplace and kitchen counter tops. Full games room. Sunny S.W. Deck is “the” place to capture the suns last rays at dusk. Call Gordon Halkett.

284,000 • 3 bedrooms, 3 baths • Approx 1783 sq. ft.

• 3 level decks creates your own West Coast Paradise $

299,000 • Ashleigh Manor • PARKSVILLE • 2 bdrms., PLUS den • Approx. 1494 sq. ft. $

#204-566 Stewart Ave.

1744 sq. ft. of ultimate luxury, 3 balconies to enjoy the views, morning, noon and night. A small fortune spent on 1st class upgrades including a personal sauna, 3 bdrm. 2 baths floor to ceiling picture window.

5825 Redwing Cres.

W L VIE NNE CHA

T BESUY B

$

Gordon Halkett

#2603 2 Level Penthouse Suite $1,250,000

#2502-154 Promenade Dr. $699,000

D L O S

D L SO

199,900 • 2 bedrooms plus den • Approx. 1156 sq ft • Top floor $

299,900 • 3 bedrooms • 1,600 sq ft Waterfront Condo $

$

319,900

• 2 bdrms., 2 baths, approx.

1,192 sq. ft.

• Rentable, pet allowed with restrictions • Guest suite and workshop avail. in the complex

Clay Lintott of Clay M. Lintott Const. LTD.

SAVED 22% 334,500

$

• 3 bdrms., 2 baths, approx.

1400 sq. ft.

• One level home • Vaulted ceilings and 3 skylights keep it bright

Bev Mason-Wood

Bev Mason-Wood

Sue Tompkins

Gordon Halkett

Gordon Halkett

Judy or Guy Litton

#205-560 Stewart Ave.

6050 Garside Rd.

52 Sixth Street

2673 Jasmine Place

593 Walnut Place Qualicum Beach

1772 Rajeena Way

COMMISSION and got that famous SERVICE!

Clay Lintott

“I take my hat off to ReaList Realty!!”

Rosalind McKenzie

334,900

$

• Waterfront condo • 2 bdrms + den, 2 baths • Approx. 1,215 sq.ft.

• Pet & rentals allowed with restrictions

444,900 • 3 bdrms., 2 bathrooms • Approx. 1790 sq. ft.

• GRANDON GATE • Rancher backing onto conservation area $

355,000

$

• 3 bdrm., 2 bath rancher • Approx. 1430 sq. ft • Private dock & RV parking

$

355,000

• Access off Connaught Dr., off Railway • NEW with 2 bdrm Suite • 4 bdrm, 3 bath, approx. 2,588 sq.ft.

• Estimated completion March 2013

359,500 • 3 bedrooms, 2 baths • 1528 sq ft rancher • Like new condition $

Bev Mason-Wood

Bev Mason-Wood

Gordon Halkett

Bev Mason-Wood

4961 Hammond Bay

116 Gibralter Rock

1322 College Drive

6008 Schooner NT FRO

479,000

$

• 3 bdrms, 3 baths, plus 2 bedrooms suite • Only 4 years young • .22 acre lot, RV parking

Sue Tompkins

Bev Mason-Wood

1004 Ocean Place Rd. Port McNeill

2320 Evanshire Cres.

AN

OCE

D L O S

“GREAT SERVICE AND I SAVED

• RARE FIND! • Subdivision potential • 2.17 acres, approx 3500 sq ft Over $100,000 under assessed value

539,000 • 3 bedrms, 2 baths • Approx. 3,000 sq. ft.

• 180 degree ocean views • Backs onto city parkland

• Million dollar kitchen and a VIEW at about half a million • Level Entry Home • Approx. 3, 641 sq.ft.

• 2 Bedroom suite downstairs

Bev Mason-Wood

Gordon Halkett

Judy or Guy Litton

474,900

$

“WE SAVED OVER 23% IN COMMISSIONS AND WE SOLD IN 12 DAYS!!!” Mr. and Mrs. Brinham

$

$

569,000

$

• North Nanaimo Waterfront • 3478 sq.ft. of quality throughout • 5 bedrooms, incredible kit.

Judy or Guy Litton

I n t e r n a t i o n a l LT D . ( N a n a i m o ) & Property Management

729,000

749,000

$

• Spectacular 2 acre walk-on waterfront home • Over 145 ft. of ocean frontage • 3 bedrm, 3 baths • Approx. 2644 sq. ft.

Sue Tompkins

830,000

$

• Under construction • 2 bdrms, 3 bathrooms • Approx 2567 sq ft CUSTOM home overlooking Fairwinds Golf Course Sue Tompkins

25% IN COMMISSIONS”

Scott Cooper

“SALES 2012 84 TRANSACTIONS OVER 26 MILLION IN GROSS SALES VOLUME”

Get the facts: Free recorded message: 1-888-866-7537 Ext. 10

Call (250) 716-8822 or 1-877-751-7575 www.realistrealty.ca “Ask about our Buyer’s Discount”

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 5

Realist [ree-uh-list] noun • a person who tends to view or represent things as they really are. adjective 4. of or pertaining to realism or to a person who embodies its principles or practice

Realist Realty [ree-uh-list] [ree-uh l-tee] • Company who embodies the principles and practices of realistic realty.

• Lower commissions and buyer cash back program.

A Realistic c question to ask is: “Why am I paying 25%* more for the same full service?”

WE HAVE BUYERS – CALL NOW TO LIST!

Including Property Management Division

Phone: 250-716-8822 E-mail: info@ReaListRealty.com www.ReaListRealty.com

Get The Facts FREE RECORDED MESSAGE:

1-888-866-9537 EXT 10 *Single family homes only. Savings are approximate. **MLS is a registered trademark of CREA.

6 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

GOT APP? Android & iPhone Free Download

A REALTOR® THAT MEASURES UP

www.heasliphomes.com

Cell: (250) 616-9777 C

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

Cedar 1441 White Rd. 5 Bedroom house/ wSuite Separate

1325 Townsite Rd. $288,000 • Level entry with a loft bedroom • 2 bedroom in-law suite in basement

• Large fully fenced yard • Abundance of natural light & warmth • RV parking

306-5625 Edgewater ewater Lane $324,900 OLD • 2beds/2baths lly S FAST u f s ll • SERENE VIEWS of lake kes, lush cces kes Su tings Se E ~ gardens, & bird s i L M y LL • Meticulously maintain ne ed M corner ~ CA unit

RHONDA HEASLIP

Each Office Independently Owned & Operated

Cedar’s Best Acreage

3 Mobile Homes priced to sell

5 Acres, 5 mins. to Cedar core. Lots of mature trees. Build your dream home.

$29,900

South End Townhouse

#15-5931 Island Hwy.

1804 Rajeena j Way $559,000

250-816-7741

OLD lly S FAST u f s ll es Succ tings Se E ~ s i L M My ~ CALL

FREE HOME EVALUATION

$49,900

• Under $190 • Clean as a whistle • Private back patio • Rentals & pets OK.

• 3090 sq. ft Beautiful cu ustom stom tom bui built home • 679 Sq. ft detached sh hop with 2 overheight ho doors • Gorgeous backyard oassis si with valley views on .34 acre lot ump, mp, tankless hot • Lyptus flooring, heat pu water, rv parking & san ni-dump dump ump + much more

• Accurate • No Cost • No Obligation

THINKING OF DOWNSIZING? #7-6245 Metral Dr.

• Club house & underground ound und garage garag • Vaulted ceilings & fireplace eplace

1-5140 Metral Drive Nanaimo, BC V9T 2K8

• Hydro meters • Entrances • Laundry rooms • Work shops

Proud sponsor of Children’s Miracle Network.

Donating a portion of commission on every house I sell.

#57-6245 Metral Dr.

$89,900

Call Lori to view 250-739-8900

THE SUTTON TEAM – QUALITY SERVICE YOU CAN TRUST 253 North Shore Road - $424,800

• Views of Cowichan Road - $424,800 • 5 bedrooms & 4 baths • 2,838 sq.ft. of living • 0.20 Acre Lot • 3 year old home • 24’x22’ garage • MLS #340341

890 Hunter Street - $289,000

• 3 Beds & 2 Baths • 1786 square feet • 5,980 sqft lot • Double Garage • New Windows • MLS #345961

7269 Bell McKinnon Road - $789,900 3824 Hammond Bay Road - $875,000

• Beautiful Executive Home • 5 beds & 4 baths • 2.0 acres • 3,833 sqft home • Large workshop • 2 bedroom suite • MLS #342380

144 Grace Place - $379,000

• 5 bedrooms & 3 bath • Large 2 bedroom suite • New construction • Efficient heat pump • Beautiful detailing • Close to schools & shopping • MLS #329968

VISIT: www.suttonteam.ca

• Ocean Front Property • Views of Shack Island • 5 bedrooms & 3 baths • 3,130 sqft home • Room for RV • 16,988 sqft lot • MLS #346515

134 Decourcy Dr., Gabriola - $499,000

• Rare waterfront offering • Close to Twin Beaches • Over half acre • Beaches and tidal pools • Georgia Straight views • MLS #342492

#101-4949 Wills Road - $201,800

569 Hampstead St., PV - $289,000

• Waterdown Quay • 2 Bed & 2 Bath • Bright Open Living Space • Private Patio Area • Close to amenities • Great Complex living • MLS #346950

• 2 bedroom and 2 bath • Wembley Place Development • Bright open spaces • Private fenced yard • Large detached garage • MLS #343761LW

8A-2220 Bowen Rd. - $129,000

• “BYOB” - Be your own boss • Steady income stream • Great clientelle • Perfect location • Well maintained • Call for details today!

• MLS #343655

EMAIL: suttonteam@gmail.com

#124 - 6310 McRobb $249,700

• Texada Complex (2008) •1 Bed & 1 Bath • 1000+ square feet • Open Concept Living • Granite Counter Tops • Hardwood Flooring • MLS #345245

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 7

D A LE DALE DA

Ocean Pointe Realty Ocean Pointe Realty

OFFICE/PAGER:

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

$184,900

250-758-3700

INVESTMENT & RESIDENTIAL

TOLL FREE: 1-800-665-8313

COMMERCIAL ZONE - OLD CITY

1.3 ACRES

Floor Plan

Floor Plan

daleshortt@shaw.ca

640 TRANS CANADA HWY, LADYSMITH, B.C.

irtual Vir Tour T

701359 Timberlands Road

Affordable Country Living! g!

1 Bed,, 1 Bath,, 446 sq. q ft.,, 15 yyrs old,, Excellent Rural Location,, Private Setting, g, Excellent Condition,, Live Full Time or Recreation Property, p y, Pool,, Hot Tub,, Golf Course, Fishing, Etc. Must See! Call Now!

Ext. 1201 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

• 4 bedroom character home • Ideal for office, home based business

• Shop and garage • 3 bedroom home plus full basement

$298,500

$395,000

DISTRESS SALE

EUROPEAN STYLE LOG HOME

D L SO

Floor Plan

Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996 $234,900

• 6.65 acres in the city • Ideal for lodge or bed & breakfast • Subdividable for Residential lots

$549,000

1.2 Million

“WALK ON” BEACH FRONT

NEW LISTING LOWEST PRICE ADULT PARK

Virtual Tour

Lot 21 Aho Road

$599,000

• Totally renovated 3 bedrooms • New carpets & lino, totally repainted • Large sun deck, extra large lot for parking

Ext. 1071 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996 $154,900

Floor Plan

i tual Vir T Tour

Handy Man Special!

2 bedrooms, 1 bath, 918 sq.ft., .32 acre comer lot, TLC required.

Ext. 8882 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

D L SO

$409,900

Floor Plan

185 Black Powder Trail Tra

Virtual Tour

Build Your Dream Home! Buyer F Friendly! i dl

Ocean View Home with Swimming Pool

5.99 acres, many building areas, hydro & telephone at lot line.

5 beds, 2 baths, 2,377 sq. ft., .22 acre, Many Updates, NG forced air heat & fire place, Terrific Floor Plan, Private Back Yard, Walk to schools, parks, beach, bus & shopping, Buyer Friendly. Hurry, Call Now!

Ext. 9991 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

• Small 2 bedroom cozy home • Owner leaving country

2 Beds, 1 Bath, 637 sq ft, Fully Fenced, RV Parking, New Windows, New Flooring, New Interior & Exterior Paint, Open Floor Plan, Walk to Schools, University, Parks, Bus Service & Shopping, Hurry! Act Now!

irtttual Vir Tour

8099 Southwind Drive Tremendous Ocean View Home! .57 57 A Acre!!

Detached Shop!

irtttual Vir To Tour

Affordable,, Affordable,, Affordable!! d bl !!

Excellent Condition!!

$409,900

4 beds, 3 baths, 2,764 sq. ft., hard wood floors, open floor plan, huge sun room, RV parking, Irrigation System, Fully Fenced Yard, Fruit Trees, Outbuildings, Fabulous Home!

• 17 acre farm • With renovated smaller home

682 82 Winchester Avenue

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

Thinking of Buying or Selling?

Find out why more Buyers and Sellers recommend

$94,900

Chris Martin!

Please call for a FREE, No-Obligation Market and Home Evaluation

Cell: 250.616.1996 Insurance Brokers Ltd. EST 1898

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

D L SO

$434,900

$314,900

Fl oorr Floo PPla lann

Floor Plan

5745 745 Norasea Road

tuttualal VVirir irt To ur Tour

North Nanaimo Rancher! r!!

3 beds, 2 baths, 1,761 sq. ft., Open Floor Plan, Hard Wood Floors, Heat Pump, Vaulted Ceilings, Remainder of 2/5/10 Yr Warranty, Crawl Space, Irrigation System, Excellent Landscaping & Curb Appeal. Hurry, Act Now!

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

Ocean View Home with Two Bedroom om Suite Many Recent Renovations!

5 Bedrooms, 3 baths, 1,930 sq. ft., new roof, new windows, new paint, new rear deck, huge yard.

Ext. 1052 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996 $449,900

$409,900

Floor Plan

1292 Gabriola Drive

irtttual Vir Tour

Amazing Craig Bay Estates Townhome! nhome!

3 Beds + Den, 3 Baths, 3,027 sq ft, Double Garage, Hardwood Floors, Fabulous Kitchen, Granite Counters, Upgraded Appliances, Open Floor Plan, Large Rooms, Private Patio, Pet Friendly, Carefree Strata Living with Swimming Pool, Hot Tub, Tennis Courts, Work Shop, Clubhouse & Walking Trailers, Close to Shopping, Golf and the Beach, Hurry, Act Now!

Ext. 3332 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996 $179,900

www.lenhartinsurance.ca

Providing insurance for: Business • Home • Tenants Condominiums • Travel • Construction Boats & PWC • Autos • Campers Trailers & Mobile Homes

Floor Plan

3884 King Arthur Drive

ual irtttu Vir Tour To

irtttual Vir Tour

Floor Plan

5431 431 Dunster Road

ual i ttu Vir Tour

Beautiful Main Level Entryy Home! ome!

3 Car Garage • One Bedroom Suite 4 Bedrooms, 4 Baths, 2,886 sq ft, Open Floor Plan, Hard Wood Floors, Master Bedroom on Main Level, Upper Loft, RV Parking, Fully Fenced, Irrigation System, Low Maintenance Landscaping, Walk to Schools, Parks, Brannen Lake, Shopping & Bus Service, Buyer Friendly! Act Now!

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

D L SO 4007 Gulfview Drive

$449,900

Floor Plan

ual i ttu Vir Tour

Affordable Retirement Living!

Amazing Ocean View Home!!

2 Beds, 1 Bath, 1,040 sq ft, Single Garage, Fully Fenced & Private, Large Patio, Mountain View, Pets Allowed, RV Storage, 55 + persons only, Secured Entry, Deerwood Estates, Call Now!

3 beds, 3 baths, 2,474 sq. ft., terrific curb appeal, private backyard oasis, over height double garage large enough for boat or camper, irrigation system, fully fenced, hurry act now!

Ext. 2222 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

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

8 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

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Your You Yo our ur Sa Sat Satisfaction ati tis isf sfa fac act cti tio ion on is Gu Gua Guaranteed. uar ara ran ant nte tee eed ed. d.* *Full details and Guarantee Certificate available from your moving consultant.

Nanaimo Parksville Pt. Alberni Duncan

250.754.1500 25 250.24 25 250.248.8805 248 48.8 8805 250.720.22 25 250.720.2291 2291 250.748 25 250.748.5900 48.5900

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Consultant cell: 250-739-9769 office: 250-729-0904 Shail.Minhas@investorsgroup.com

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Consultant cell: 250-882-0760 office: 250-729-0904 Quintin.Winks@investorsgroup.com

Trademark owned by IGM Financial Inc. and licensed to its subsidiary corporations. ™

www.bekins.ca

MP1263 (01/2012)

Soapstone

by VCI

Come Visit Us

Across Acr Across ss from from Mo M Moxies oxi xies Restaurant Resta taaur u ant near ne ear Costco Cos o tco

Wednesday to Friday 11am-5pm Saturdays 10am-4pm or call for an appointment

250-802-8125 800-506-9997 204-6750 Island Hwy Nanaimo, BC, V9V 1S3

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SPECIAL BUY: Installed Silestone ® countertops starting at $74 per sq. ft. until February 28th, 2013 with this coupon*

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 9

$614,999

$299,900

$179,900 W N E IC E PR

AVID GARDENER’S PARADISE • 4.97 Acre Property • Great Open Concept • Over 2500 sq. ft.

CREATING YOUR VISION OF HOME!

Roger Beck CALL NOW!

SHOP WORKER’S DREAM • 1283 sq.ft. Rancher • Centrally Located • Plenty of RV Parking Roger Beck CALL NOW!

$139,900

Roger Beck REALTOR®

Tel 250-751-1223 Fax 250-751-1300 Toll Free 1-877-897-5081

roger@rogerbeckhomes.com

OF NANAIMO

LOVELY UPDATED MOBILE W N ETI NG S LI

• Valley Oak Estates • 2 bedrooms, 2 bathrooms • Over 1,000 sq.ft.

Roger Beck CALL NOW!

Starting at $349,900 Plus tax

FAMILY ORIENTED TOWNHOME • Eagle Heights • Over 1100 sq. ft.

• Many upgrades Roger Beck CALL NOW!

CALL FOR A “FREE” MARKET EVALUATION TOLL FREE 1-877-897-5081

10 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 11

(250)

760.1066

www.century21.ca/harbourrealty

1-3179 Barons Road, Nanaimo, BC Each Office is Independently Owned and Operated

Darwin Mahlum

Dave Armstrong

Dan Grondin

Bill Soreg

Anu Gupta

Open House 12:30-3:30 Wed., Thurs., Sat. & Sun.

Newng i List

Jazz Sohal

2262 Grafton Ave. Coombs ! Bank Foreclosure ! 5 Acres & 2652 SqFt. Home

! Up & Down Duplex or 5 Bdrm|2 Bath ! Call Sharon for More Details

Sharon Jensen

$319,900

3026 Ross Road

4589 Laguna Way

! Property and Business ! Includes all Equipment ! Central Location ! Over 8400 sqft Lot

! Ocean View

Dave|Martin Dinh Call Now!

Jazz Sohal

! 2,550 sqft | 4 Bdrm & 2 Bath ! Open Design w/Vaulted Ceilings ! Quality Finishing | Heat Pump

$499,000

6195 Nitinat Way North Nanaimo ! Beautiful and Affordable Townhomes ! 2 Bedrooms, 2 Bathrooms and Den ! Quality Interior Finishing ! 6 Appliances | 2 Parking Stalls

Sharon Jensen

Your Host

$249,900

Cindy Driver

Dave Dinh

Martin Dinh

Newng i List

#1-1655 Dufferin Cres. ! NO HST! ! 1660 SqFt. Freehold/Strata ! 2 Lg. Bedrooms plus Lg. Bonus Rm. ! Powder Rm. & 2 Full Bathrooms ! Cozy Patio

Matt Moore

$259,900

2945 Amrik Road Big Big Price Reduction!! ! Owners Moving - QUICK POSSESSION!! ! 5.8 Park-Like Acres North Jingle Pot ! OK to build 2nd Home ! 4 Bedrooms & 3 Baths

Dave Armstrong $599,000

3512 Radha Way ! Brand New Home ! Maple Kitchen|Hardwood Floors ! Kitchen & Laundry Appliances Incl. ! ONE OF THE LAST UNITS!

Ricky Thind

$309,900

6188 Nitinat Way ! Ground Level Living w/2 Bdrms Up ! 3 Bedroom & 3 Baths Rob Borden

! Silestone Countertops ! Hardwood Floors Throughout

Norman Blattgerste $459,900

Joe Buxton

d uce Red Ricky Thind

1045 Matuka Nanoose ! Building Lot ! Ocean View ! Septic Installed ! 2.69 acres

Dave|Martin Dinh $315,000

2690 Camcrest Dr. ! Diver Lake ! 2900 SqFt | 5 Bdrm | 3 Bath ! .26 Acre Lot ! Hot Tub

Jazz Sohal

$344,900

Newng i List

358 Poets Trail Dr.

#37-2501 Labieux Rd.

! 2 Bdrm Legal Suite

! $25,000 spent on Remodel-Beautiful!

! Open Floor Plan

! 2 Bdrm|2 Bath w/Private Yard & Shop ! Central Location|55+Park|Pets OK ! View Online,Come to Open House or Call ! www.2501labieuxroad.com

! Great Location ! Close to all Amenities

Dave|Martin Dinh $449,000

Sharon Jensen $154,900

3351 Ross Road

6100 McGirr Rd.

Gorgeous Lakefront Estate! ! ½ Acre Walk-On Lakefront ! Private Dock & Boat Launch ! Secure Gated Entrance ! Lakeview every Room ! 5 Bdrm & 4Bath|Indoor Swimming Pool

! North Nanaimo ! 2632 SqFt | 5 Bdrm | 3 Bath ! 2 Bdrm Suite ! Suite Used as a Lic. Daycare Previously ! Assessed Value of $455,000

Jennifer Kemp $1,190,000

Jennifer Kemp

$399,900

Jazz Sohal

Open House 1:30-3:30 Saturday Feb. 2nd Cindy Driver

1670 Morello Rd.- Nanoose Bay

! Beautiful 2468 sf 4 Bdrm Rancher ! Private 5 Acre Lot - Zoned 2 Homes ! Upgrades Galore - 2 Private Patios ! Open Concept - Hardwood|Ceramic ! Close to Golf, Marina and More!

Bill Soreg

$549,800

344 Hirst Ave - Parksville ! NO HST|GST | O/S Garage

Matt Moore

! 1650 sq.ft |3 bdrm |3 bath |6 appl. ! Walk to the beach and downtown ! Priced Below Assessed Value!

Bill Soreg

from

$279,900

Norman Blattgerste

12 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

MARK CLARK Managing Broker

Old City Quarter $249,900

WOW! $70,000 below assessment!

Priced Below Assessed Value!

Investor Alert!

TRICIA LEE

JAY DELESKIE

• • • •

2 bedroom, one level home Upgraded, new roof, new laminates Ample off street parking, room for RV Private, fully fenced backyard

• Owner motivated, spotless double wide • detached workshop, 2 bedrooms, 2 bathrooms • landscaped for easy maintenance

• • • •

Susan Arman, 250-802-5719

Jim Johnson/Jay Deleskie

Quentin Proud

Beautiful ocean view home only $459,900 6 bedrooms, 4 bathrooms, 2 ensuites 3,300 sq ft, open concept oor plan, vaulted ceilings Large bright kitchen, quality appliances, walk in pantry and much much more!

• 1-2 bedroom home on 2 lots plus 4 additional separate lots. • Alley assess to lots • Quick possession, possible rezoning for duplex

Susan Arman, 250-802-5719 JIM JOHNSON

Nicely Renovated $279,900

Stunning Riverfront Estate $459,900

Lakeview Home in Cinnabar Valley $344,900

Be King/Queen of the Hill $750,000 QUENTIN PROUD

• • • •

• • • •

Great 3 bedroom/1 bathroom home in central Nanaimo Beautiful cherry cabinets in kitchen, tiled ooring Sunny 200 sq. ft. deck and a detached shop with power All new stainless steel appliances, thermal windows and much more!

Fish/Swim from your front yard.

3 bedroom, 3 bathroom Built 2009 Top quality ďŹ nishing

Jim Johnson/Jay Deleskie

Mike Phillips

• • • •

5 bedroom, 2 bath, Sunny half acre lot Suite/carriage house potential Subdivision potential Large private yard

Mike Phillips

• • • •

Superb Ocean/Mountain & City views Spacious 4/5 bedrooms/5 bathrooms Custom built beauty with amazing features Fabulous B&B potential/larger families

MIKE PHILLIPS

Lisa M

www.cbvanisland.com 250.756.9700 - Toll Free 1.800.665.8040

SUSAN ARMAN

SINGLE FAM ILY BUILDING LOTS IN A FORESTED COMMUNITY

/ PSOcbWTcZ \Se eOg b] ZWdS g]c` ab]`g The Ridge at Glen Oaks, Nanaimo’s most desirable new neighbourhood, envelopes residents in nature and privacy while still

<Obc`S Wa ]c` \SWUVP]c`

having ready access to the vibrant urban choices of Nanaimo. Embracing the abundance of natural beauty and serenity that is inherent in our island lifestyle, The Ridge would like to welcome you home.

NOW SELLING PHASE 1 LOTS 1-19

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N O AK

20 S D RI

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1.855.257.4343 1.855.25 RIDGE

14 PA R K

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www.RidgeLiving.ca

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 13

65

THE SIGN OF DEPENDABILITY

Since 1947

Helping you is what we do.

Over 30,000 properties sold

YEARS

royal lepage shelter foundation

Supporting HAVEN HOUSE

Helping YOU U is What We Do

Brooks Landing

Ladysmith/Chemainus

Woodgrove Mall

250-756-1132

250-245-2252

250-390-1098

www.royallepagenanaimo.ca | 275 2000 Island Highway | 250-756-1132

Great Home/Great Park

1 Bedroom Condo Only $127,900

Updated 1 Bedroom Condo $125,900

1400 sq. ft. double wide in popular Cassidy MHP. $60,000 in upgrades.

• Walk to downtown, sea wall, parks & shopping • In suite laundry, storage locker • Secure parking

Overlooking Nanaimo Golf Course with bonus in suite laundry. Large living area and plenty of kitchen space and storage, this bright, modern, well managed building with low fees would make a great investment or starter home.

Asking $99,900 Don’t Delay, call Cyndi Beaulieu today at 250-245-2252

Please call ca Christi McPhee on 250-616-2116

Jana Koster 250-327-2723

RV Parking - $155,900

504 Duke St - $249,900

GET FEATURED on VI_Realinfo

Ocean & coastal mountain view, peaceful mobile home in 55+ park with 2 extra large bedrooms, all day sun, low maintenance & room to add a garage.

Bus stop at park entrance.

Private trail to Westwood Lake for residents.

Sandy Clark

Nicely updated, great character home in the University district, a block from highly regarded schools & amenities, 4 beds/2 bathrms. Extra large lot w/potential to build duplex.

Ocean & coastal mountain view development property with solid character home on 4.75 acres at 2215 Arbot Road. Rare opportunity in highly sought after Jinglepot area surrounded by mostly new subdivisions.

Zone single family or multifamily townhome R10.

Please call ca Sandy Clarkk on 250-668-9878

Movitated to Sell! $269,900 3 bedroom 2 bathroom home on a large .20 acre level lot located on a quiet side road close to VIU.

Please call ca Christi McPhee on 250-616-2116

35 Princess Street $315,000 Immaculate 2 bedroom home with 1 bed suite in South Nanaimo. Great view of Mt. Benson.

Call STEPHANIE SANDHAM at 250.756.1132 250.756.1

Tired of listings with terrible photographs?

www.NanaimoAreaSales.com Free Information provided by Darren Young 250-729-1823

Ideal Starter Home ✓ 3 Bedroom ✓ 1 1/2 bath ✓ Large lot ✓ across from Chase River Elementary School

DEMAND BETTER!

List with Gerry Beltgens REALTOR and Photographer beltgensproperties.ca 250-739-3887 Marketing your home in its best light

569 Hampstead St., Parksville $289,000 NEW

!

ICE!

PR

• 2 Bedroom & 2 Bath • Wembley Place Development • Bright open spaces • Private fenced yard • Large detached garage • MLS #343761

$250,000 Call Roy Fisher at 250-756-1132

987 Hunter Street - $295,000 E!!

NEW

C PRI

3 bedroom home with den and fenced backyard. Quiet central area close to Bowen Park and schools incl. French Immersion.

Call Charles or May Sutton 250-756-1132 Ca

Call Hillary Reeves 250-713-8411

High Exposure Commercial Building $395,800

134 Decourcy Dr., Gabriola $499,000

151 Terminal Avenue Signage g g allowed and p parking/yard gy area. Completely p y updated p 2300 sq. q ft. building g is currentlyy occupied p byy two excellent tenants. Building g is zoned DT4 which allows up p to 6 stories on the lot. This is one of the best locations in Nanaimo for exposure & offers several options of ingress/egress to building.

Call LEE ROBINSON - 250-802-7653 www.leerobinson.ca

• Rare waterfront offering • Close to Twin Beaches • Over half acre • Beaches and tidal pools • Georgia Strait views • MLS #342492

Call Charles or May Sutton 250-756-1132 Ca

DISTRESS SALE DISTRESS SALE

HOMESELLERS Find out what homes down the street sold for!

Free computerized list with pictures of area home sales and current listings.

beltgensproperties.ca

Sandy Clarkk on 250-756-1132

250-756-1132

WESTWOOD/JINGLEPOT

targeting Vancouver Island and Alberta boomers. I need quality ranchers, patio homes and level entry homes.

Call Gerry Beltgens at 250-739-3887.

For all your commercial needs, contact our commercial department today!

250.756.1132

Bank Foreclosures Receive a free list w/pics of foreclosure properties. www.NanaimoDistressed.com www.NanaimoDistressed.com Free Information provided by Darren Young 250-729-1823

14 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

WORKING & WINNING TOGETHER!

WE SHOP YOUR MORTGAGE FOR YOU!

TAKING EXTRA CARE OF FIRST TIME BUYERS 6166 Dennie Lane $389,900

• Purchases • Refinances • Renewals • Revenue Properties • Construction Loans

GREAT NEW HOME with no HST; only 4 years old, shows like new. Two bedrooms up and 3 bedrooms down, quality finishing throughout with hardwood floors. Walk out basement with park-like setting. No thru traffic on the cul-de-sac. Great curb appeal and close to Woodgrove stores. Priced right to sell.

$139,900

22-1024 Beverly Drive

250-739-3837

Terms

Our Rates

Variable

Prime Less 0.10% Prime Plus 0.50% 3.85% 2.39% 2.59% 2.69% 2.99% 3.04% 3.69% 3.89%

LINE OF CREDIT

Kim Strynadka, AMP

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

6 MONTHS 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 7 YEAR 10 YEAR

Lee-Ann Mitchell

250-667-3567

Diana Alfred

250-327-8993

Rates subject to change without notice Some conditions may apply, OAC

Call me for any of your Real Estate needs.

Katie Hommy, AMP

Rhonda Brown

250-619-0939

250-751-5434

DLC Integrity Mortgage B.C.

Scott Forrest

www.DominionVanisle.ca / www.integritymortgage.ca

2101A Boundary y Avenue Nanaimo, BC V9S 4P4

250-756-1132

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

Elaine Peligren

250-816-3130

Bill Fraser

Retirement or adult patio home: affordable easy living. The English style Tudor building is rancher style with no stairs or steps making access very easy. Parking is close at hand and if you like to garden there is a private patio and grassy yard with a shared garden shed.

The new textured laminate flooring throughout the main living space is easy / care. This location is ideal with public transportation close at hand and lots of shopping within walking distance.

Recreation, the hospital, doctor’s offices, and coffee shop etc are only a short walk away too. Brand new roof under warranty. Easy to show.

Nanaimo Realty

Ian MacLeod

250-619-7266

(Across from Woodlands High School)

cato4@shaw.ca

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for professional quality service.

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 15

ED LET O! P G OM X C DY TO E L P DU D REA N A

VISIT THE SHOW SUITE 3436 Ocean Mist Place Nanaimo, B.C. OPEN from 1pm to 4pm Friday to Sunday Call Ken Williams at 250-751-1223 for an appointment during the week.

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250.751.1223

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$349,900

DATE & TIME

PRICE Starting at $214,900

ADDRESS

DATE & TIME

PRICE

• Rockwood Heights - 3430 Barrington Rd, corner Ocean Pearl)

Daily 1 to 4 pm

Starting at $477,200

DATE & TIME

PRICE

Mon. to Wed., Sat. & Sun. 12 to 5 Sat. & Sun.

Starting at $219,000 Starting at $194,900 +HST

DATE & TIME

PRICE

Feb. 2, 10 to noon

Starting at $205,900

LADYSMITH ADDRESS

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Tues. to Thurs., Sat. & Sun. 12:30 to 4:30

• #1244 - 4th Avenue EX

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• Gablecraft - 101-1675 Crescent View Dr. • Meredith Courts - 2117 Meredith Rd

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• Caramanah Mews - Nitinat Way Wed., Thurs., Sat., Sun. 12:30-3:30 • The Luxfords 102-6209 Lexington Place (off McGirr) Sat. & Sun. • 6201 Thyme Place (off McGirr) Sat. & Sun.

• Thornbridge - 5670 Edgewater Lane

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DATE & TIME

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Sat. & Sun., 1 to 4

Starting at $349,900 (incl. HST)

16 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

www.JasonBlanchette.com

2535 Seablush Drive - $418,000

FOL FO LL LO OW W US ON ON.. ...

MIID ISL M ISL IS LA AND ND

www.MarilynnKennedy.com

LOOKING FOR A GOOD DEAL? Call or text 250-740-0884 for a list of foreclosures to dream homes.

250-740-0884

Marilynn Kennedy, Real Estate and Mortgages Dominion Lending Centers Vanisle

Seascape Manor #312-2560 Departure Bay ing List New

- Fantastic Ocean View - Updated bathroom - Renovated 2 bedroom, 2 bathroom - Great location, close to all - Pool side access amenities and bus route - Wide plank fir flooring, new kitchen Call Jason Blanchette 250.739.3003 or www.jasonblanchette.com

458 4th Street - $199,000 RENT TO OWN

• 1.59 9 acres mostly cleared • 18 838 sq. ft. with 3 bedrooms upsstairs • 2 1/2 baths • Good well • No ot far from shopping and schoo ols - scho ool bus stop p at driveway

~ 3 bedrooms 1 bathroom. ~ 1050 sq foot rancher with crawl space. ~ Great starter home or revenue property.

~ Within walking distance to VIU and all amenities. ~ Large flat corner lot may support a carriage house with City approval. ~ Great investment.

Visit www.jasonblanchette.com

MLS #348169

Cheaper Than Paying Rent - Central Nanaimo Condo.

- Fantastic opportunity, beautiful updated condo.

- Walking distance to all amenities and bus routes.

- No rental restrictions and pets allowed (cat or dog).

- Newer appliances, new kitchen counter tops, B/I computer area.

- Flooring is a mix of tile and laminate.

- Quiet unit, main floor, well maintained.

- 1 Balcony, in unit storage room, building allows BBQ’s Call Jason direct 250.739.3003 or www.jasonblanchette.com

STRATA OFFICE SPACE FORECLOSURE SALE Priced to sell $142,000 Prideaux Gardens - 1386 sq. ft. on main floor - Wheelchair friendly - 6 offices ready for your business - Downtown business district - 4 Parking spots included Call Marilyn at 250-740-0884 Need financing? I can help!

MLS#343409

Alexandra Smith

Service You Deserve

REALTOR®

Dedicated service - proven results

250.753.9688 www.alexandrasmith.ca MID-ISLAND To sell your house for the BEST MARKET PRICE in the shortest time Call:

1610 Argyle Ave. - $378,000

CALL DIRECT 250.753.9688 or TF 1.800.848.8490 COMPLIMENTARY MARKET EVALUATIONS virtual tours • floor p plans • interior pictures p • maps p

$258,000

Quaint Character home in n excellent central Nanaimo o neighbourhood. Close to schools and shopping. This 4 bedroom, 2 bathroom home has hardwood floorrs, recently renovated main bathroom with second bath, 4th bedroom and rec room m downstairs. Nice yard spacce with mature trees. Back lane access.

In need of a mortgage?

Our mortgage specialist can save you Time and money.

3-10 Ashlar Ave. - $144,900

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730 Arbutus Ave.

People You Trust

First time Buyers, Retirees or Investors! This patio home e (all on 1 level) is a corner unit,, fe eat atur ures e level entry and on n craw wl sp spac ace. e. FFab abulous location, righ ri ght acro ross s fro om Bowen P Park A ti Ac tivi vity ty C Cen ntr t e. Unit features 1 bedr be d oom m an and d den (can be used as 2 2nd nd b bed edro room om)) an a d in-su uite laun la undr dry. Why ren entt when yo ou can ca n be a hom meo eowner! No a age rest re strict ctiionss and d rentals ok in th hiss 9 uni n t co comp mple lex.

1323 Fielding Road - $298,000 This 3 bed This bedroom 1 batth s litt le sp leve v l ho h me sit itss on o er 1/2 ov /2 an n acre of priv ivaccy in Ced Cedar.. Pr Prop o erty has m nici mu cipa pal wa wate terr and sew wer and an d is onlyy 10 minutes to Nana naim imo.

Peter & Kathy Koch REALTOR ®

503 Comox Rd., Nanaimo, BC

250.753.9688

Mid-Island

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 17

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.

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.

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.

“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.

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

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.

18 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013

Sandy Clark

405-30 Cavan St. MLS# 347206

$179,900

Providing quality service & results!

250-668-9878

• 1 bedroom plus den condo close to all amenities • Large deck and in-unit laundry • Gorgeous views of Nanaimo Harbour & Downtown • Concrete & steel building, well run strata • Rentals are allowed

NANAIMO REALTY

302-24 Prideaux St. MLS# 342617

$184,900 • Sparkling clean 2 bedroom & 2 bathroom condo • Open concept kitchen, living and dining room • Close proximity to Swy-A-Lana Park and Nanaimo’s seawall • Large fitness facility with a dry sauna • Secure, underground parking with bike compound

112 Wakesiah Ave $269,000 INVESTOR ALERT

853 Linwood Lane $449,900 OAKHILL ESTATES

3 bedroom suite up, 3 bedroom suite down.

10 minute walk to VIU, potential revenue of $2100 to $3000.

Main level entry, 3 garage, open plan living, fully fenced & landscaped, 2 or 3 bdrm inlaw suite down.

1613 Venlaw $283,500 AUTHORIZED SUITE

57-2301 Arbot Road $155,900 WESTWOOD LAKE

2911 Barnes Rd. MLS# 343217

$519,900 • 4 bay workshop - heated, insulated, over-height doors & more • Cape Cod style home • Hardwood floors & bright kitchen • Only 1 km from Cedar-by-theCeda Sea boat ramp (nice beach too)

Vicki Schoonbeek Nanaimo Realty

Meticulously kept mobile with ocean, city & coastal mountain views. Low maintenance landscaping, RV parking, room to build a garage, 2 full bathrooms & large bedrooms.

Thank you to all my friends and clients for helping me become one of the top producing Realtors of 2012. I am so grateful for all your support!

528 First Avenue, Ladysmith, BC

250.245.2252

Ladysmith Branch

Large home with authorized 2 bedroom suite. VERY large private back yard backing onto greenspace in a quiet, friendly neighbourhood by Pryde Vista Golf Course.

NANAIMO’S #1 REALTOR 07074415-13722RE-Sandy Clark.ind1 1

7/4/11 10:54:29 AM

for Sutton Group from 1993 ~ 2012

www.waynemyhal.com

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

Personal Real Estate Corporation

Save Thousands On Listing Commissions!!! Negotiable Commissions!!!

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

Bus:(250) 756-2112 • Res:(250) 756-7730 • Fax:(250) 756-9144 • Cell:(250)616-1792 • Email: wmyhal@shaw.ca Executive Home Near Hospital p Legal Suite Great for Business

ONLY $419 $419,900 419 900

✓ 5 bedrooms/4 bathrooms on 2 levels ✓ Ideal for home based business with store front style ✓ Legal one bedroom suite, shows well ✓ Top quality finishing, warranty, RV parking ✓ Large flat lot, some fencing

ONLY $399,900!! $399 900!

SHARP HARP PRICE!!! CALL NO NOW

PRICED AT ONLY

excellent departure bay area with peek ocean views

✓Extensive hardwood designer maple kitchen

ONLY $384,900! $384 900

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✓3 bedrooms 2 bathrooms, air

conditioning, beautiful solarium

✓Fenced and attractively landscaped

GREAT PR PRICE C $689,900 $689 900

ONLY $329 $329,900 900

GREAT PRICE ONLY $339 $ $339,900 339 9 900 9

Spectacular Ocean View Executive Rancher in Rocky Point

AT ONLY $700 $700,000 000

✓ Sensational panoramic ocean views ✓ Top quality executive finishing, hardwood floors ✓ Upper bonus room & lower level workshop ✓ Great room concept, elaborate kitchen ✓ Too many extras to list, a must see

✓ Over 4300 sq. ft. of luxurious living area in a great north end location ✓ Spectacular panoramic ocean views ✓ Great room concept, hardwood floors ✓ 6 bedrooms 4 bathrooms, designer kitchen ✓ Top quality throughout, too many extras to list

Executive Rancher North Nanaimo

North h Nanaimo i 3 Bedroom Rancher ✓ Excellent north end location ✓ 3 bedrooms, 3 bathrooms, gas fireplace ✓ Great room concept, large kitchen ✓ Nice yard, fenced, RV parking

✓ Fabulous executive home in Westhaven by the sea ✓ Spectacular ocean views ✓ Top quality finishing with extensive hardwood floors ✓ One bedroom suite, 5 bed, 4 bath ✓ Family room with bar and exercise area

Level Entry Executive Spectacular Ocean Views

✓Across the street from the water

North Nanaimo Executive Home

✓ 2 bedroom legal suite ✓ Beautiful brand new home in a great location ✓ 5 bedrooms plus a den, 3 bathrooms ✓ Top quality Maple kitchen with island ✓ 10 year new home warranty

GREAT PRIC PRICE ONLY $619 $619,900 900

✓Magnificent executive rancher in an

Luxury Apartment Longwood!! d ✓ 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

✓ Over 2600 sq. ft. of luxurious living ✓ 5 bedrooms, 3 bathrooms plus den ✓ Designer Maple kitchen with island ✓ 10 year warranty ✓ Legal 2 bedroom suite ✓ Priced to sell quickly

Executive Rancher Semi Waterfront

North N th N Nanaimo i Duplex D l ONLY $419,900 ✓ 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.

Magnifi ficent Two Storey Executive Semi Waterfront Panoramic Views

New Familyy Home Northend 2 Bedroom Legal g Suite

✓ Over 1400 sq. ft. luxurious living ✓ Extensive hardwood flooring, feature gas fireplace ✓ Designer Maple kitchen with island, overheight ceilings ✓ Beautifully landscaped with extra parking, balance of warranty ✓ Too many extras to list

Executive E ti H Half lf Duplex D l College Heights Area

ONLY $329 900 $329,900

✓ Over 1580 sq.ft. of luxurious living ✓ 3 large bedrooms, 3 bathrooms ✓ 2 years old, warranty, RV parking ✓ Large private yard with gardens ✓ Shows immaculately

THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013 – 19

SIMILAR HOME

Itt is with great pleasure to announce Bill Bozman has joined

The Thompson Godfrey Group to help us with our growing business.

1359 Sherwood Dr. • • • •

$397,900

2344 sq.ft., 3 bdroms - 3 bthrms.

Stunning ocean, city & mtn. views.

Updated home, huge deck w/ocean view.

Low maintenance yeard, sprinkler system

5541 Hammond Bay Rd. $529,900

101-520 Blue Girl Way

• • • •

• • • •

2700 sq. ft., 4 bdrms - 3 bthrms 1.3 Acre Lot with great Ocean views.

Excellent Investment Opportunity!

Detached workshop, 2 road frontages

888 Howard Ave.

$361,000

• • • •

1700 sq. ft., 2 bdrms +den, 2 bthrms Ocean Front condo - Large patio space Underground parking, Storage unit Gas Fireplace & Built in Vac

$389,900 (+HST)

2556 sq. ft., 5 bdrms, 3bthrms total Level entry w/o bsmt.

2 bdrm legal suite down.

Under construction

5177 Sam’s Way • • • •

$369,900

1426 sq. ft., 3 bdrms-2 bthrms Extensively renovated rancher Fenced back yard, RV parking Near the Mall & Oliver Woods Center

We are Together, Working For You! Call Us Today.

THE LUXFORDS ON LEXINGTON

Large Level Entry Plan

$ $389,900 (+ HST) T)

(Off McGirr Road) OPEN HOUSE SAT. & SUN.

Call For Details

2338 Rockwood Pl. $454,900 + HST

5150 Simmher Pl

• 2872 sq. ft. 5 bdrms., 4 bthrms.

• Full legal 2 bdrm. bsmt. suite • Large 10,978 sq. ft. lot • Near Westwood Lk & Trails

• • • •

223/225 Nicol St.

210-4971 Songbird Pl.

$304,900

1579 sq. ft., 3 bdrms, 3 baths Huge stunning vaulted ceilings Great open floor plan Beautiful Westcoast design

700 Quilchena Cres.

• • • •

$325,000

2645 Lana Rd.

2334 sq. ft., 5 bdrms - 3 bthrms Well maintained family home Fully fenced back yard Centrally located - Country Club area

$374,000

4642 Laguna Way

$649,900

• 1548 sq.ft., 4 bdrms-3 bthrms • On 5.64 acre level usable land • Renovated mobile with addition • Ideal for dream home/horse property

• 4 bdrms., 4 bthrms., 4,066 sq. ft.

• Panoramic ocean & mountain views • 1 bdrm. fully self contained suite • Eco-Block foundation- R50 insulation values

3301 Jameson Rd

5476 Bayshore Dr.

Starting St ti att

$ $369,900! (+HST)

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

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

$117,500

• 8379 sq.ft. lot • DT 12 zoned perperty • Wide range of uses.

• • • •

$149,900

700 sq. ft., 1 bdrm - 1 bthrm Near Shopping, restaurants & Oliver Woods Fresh new paint & trim Cozy fireplace, Laminate floors

491 Nova St. • • • •

$249,900

1128 sq.ft., 3 bdrms - 2 bthrms Bright open floor plan Landscaped, level fenced lot Newer roof & large single garage

$759,900

• 2263 sq. ft. 3 brms & 3 bthrms • 2.98 acre private retreat • Striking open plan & custom features • 23 ft. ceiling in great room.

• • • •

6080 Icarus Dr.

2181 Michigan Way

$1,350,000

4191 sq. ft. level entry w/o bsmt 3 Bdrms - 5 bthrms Ocean-Front dream home Exquisite & unique finishings throughout

MEREDITH COURTS (2117 Meredith Road)

MEREDITH

COURTS

OPEN HOUSE SAT. & SUN. 8-6820 Parklands Pl.

Affordably priced from

• • • •

$49,900

890 sq. ft., 2 bdrms, 1 bath Parklands Mobile Home Park Numerous updated Adult-oriented park

#40-61 12th St. • • • •

$109,900

1159 sq. ft., 3 bdrms-2 bthrms Updated rancher-Brookdale MHP New vinyl siding, windows & roof 12x23 storage room off back deck

6946 Seaside Terrace

$689,900

• • • •

• 3402 sq. ft. 4 bdrm - 3 bthrm home • On 1/2 acre lot Lower Lantzville • Open floor plan & vaulted ceilings • Granite countertops & wood floors

$679,000

3736 sq.ft., 5 bdrms, 3 bthrms Waterfront-style fiving N. Nanaimo Panoramic Ocean & Mainland Mtn views Low maintenance yard

• • • •

$379,900

1827 sq. ft., 3 bdrms, 4 bthrms Waterfront property - Cather’s Lake Rancher w/Bonus room above garage Landscaped lot, southern exposure

$194,900! (+ HST)

• 1 & 2 bdrms, 2 baths • Approx. 875-1170 sq. ft.

• Luxurious open floor designs

Sold

Call For • Games/Fitness/ Details Amenities room • Central location near all amenities

1690 Stewart Ave.

THYME PLACE

$250,000

• 2 bay boathouse with boat & guest suite above

(Off McGirr Road) OPEN HOUSE SAT. & SUN.

6427 Zante Pl • • • •

$559,900

3450 sq. ft., 3 bdrms, 4 baths Open staircase, high ceiling vaults Lovely Ocean Views Fenced rear yard, nicely landscaped

411-770 Poplar St • • • •

$224,900

3871 King Arthur Dr

902 sq. ft., 2 bdrms, 2 baths Fantastic Ocean Views Large sundeck facing the view Quiet side of bldg, pet allowed

• • • •

$149,900

938 sq. ft., 2 bdrms, 2 baths Gated & secure Deerwood Estate Vaulted ceiling, large living room Fully landscaped, pets allowed

814 Harbour View St.

$329,000

• 3398 sq. ft., 5 bdrms, 2 bthrms • Large meticulously landscaped lot • Ocean, Island & Mtn. views • RV parking & in-house workshop

COMMERCIAL & DEVELOPMENT PROPERTIES Starting S i g at

$244,900 +HST Call For Details

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

• 9 Foot ceilings/ Fireplace

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

LOTS AND ACREAGES

3729 Belaire Dr. (7557 sq.ft.) $275,000 3745 Hammond Bay Rd. - $249,000+HST 3725 Belaire Dr. (7981 sq.ft.) $275,000 • 8105 sq. ft. building lot

• Can be sold together as one larger lot • Panoramic Ocean & Mtn Views • Near Linley Valley walking trails

937, 941, 945 Haliburton - $163,900 • Total 29,900 sq. ft., Now Zoned R6 • Ocean View Properties

Lot 4 Hillview Rd - $149,900 • .55 Acre Lot, 100 ft. wide • Nanoose Bay Ocean View

• Panoramic Ocean, Isld & Mtn Views, Near Pipers Lagoon

3324 Greyhawk Dr - $179,900 • 10,404 sq. ft. building lot • Stephenson Pt. area, Poss. Ocean View

Lot A 8445 Lisa Lane - $239,000 • 2.7 Acre Panoramic Ocean View Lot • Registered Septic Field & 8” Well = 8 Gal. Per Min.

5315 Deep Bay Rd. • • • •

$2,995,000

7.6 acres Waterfront property Currently used as RV park Offered as share sale 30 unit residential development possible

Nanaimo Travellers Lodge • • • •

$4,500,000

Senior’s care facility Fully operational, on 1.87 acres Near hospital & Physician’s offices Call for further details

420 Cook Street, Ladysmith Phase 4 only

$1,600,000 $600,000

ATTENTION DEVELOPERS! • Property partly developed for Lots • Plans for single family & four plex,

Surf Lodge, Gabriola Is. • • • •

$1,795,000 2649 Munroe Rd.

Rustic lodge, stunning waterfront view On 7.4 acres majestic property Functional lodge, kitchen, pub & guest rooms Perfect Destination Property

$1,950,000

• 66 acre Development property • Excellent Location, mostly level • Sub-dividable to 5 acre lots • Supported by the RDN

FREE 1st TIME HOME BUYERS SEMINAR!

Qualified buyers can receive up to $10,000 back from the B.C. Government on new home construction. Must act before the April 1, 2013. deadline Date: Feb. 13, 2013, Time: 6:30 - 7:30 p.m. Location: 2111 Meredith Rd., (by Nanaimo Bakery) RSVP by Feb. 11, 2013 to 250-760-1243.

Not intended to solicit properties already listed.

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

View Full Details & Photos At

WWW.THOMPSONGODFREY.COM

20 – THE NANAIMO REAL ESTATE REVIEW, JANUARY 31, 2013