Real Estate Magazine April 2024

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REALESTATE MAGAZINE Upper Sunshine Coast: qathet region, Powell River, Savary Island, Texada Island VOLUME 3 • ISSUE 04 • APRIL 2024 4743 FERNWOOD AVENUE $769,900 MLS 17855 Kait Melvin Managing Broker/Owner REALTOR®
4493F Marine Avenue, Powell River, BC • 604.485.5313 • prpeak.com midweek LOCALLY PUBLISHED COPYRIGHT NOTICE Full, complete and sole copyright in any advertising produced by Peak Publishing Limited Patnership is vested in and belongs to Peak Publishing Limited Patnership. No copyright material July be reproduced in any form without the prior written consent of Peak Publishing Limited Patnership. All advertising is subject to the approval of the publisher. WOULD YOU LIKE TO BE A PART OF THE REAL ESTATE MAGAZINE? Included: • Professional ad design • Distribution on BC Ferries Route 3 (Horseshoe Bay-Langdale) Route 7 (Earls Cove-Saltery Bay) Route 17 (Comox-Powell River) • Distribution in the first Midweek Peak each month to households, office and drop-boxes throughout City of Powell River and qathet Regional District, including Texada Island • Digital Edition available on prpeak.com Connect your business and services with an audience made for you. Advertise your home services, real estate offers, financial options and more in the monthly Real Estate Magazine for our area. Do you have more to share with our readers? Editorial submissions are also welcomed, please email publisher@prpeak.com with your subject and/or article for consideration. Natkita Kinahan to reserve your space in the next available issue! 604.223.3040 • nkinahan@prpeak.com midweek PUBLISHED LOCALLY BY: REALESTATE MAGAZINE Upper Sunshine Coast: qathet region, Powell River, Savary Island, Texada Island VOLUME 3 ISSUE 01 JANUARY 2024 Austyn MacKinnon YOUR HOME YOUR WAY 778.986.1691 amackinnon@460realty.com austynprhomes.com 118-4801 JOYCE AVENUE, POWELL RIVER, BC V8A 3B7 Are you in search of the perfect place to call home, or ready to make a smart move in the real estate market? Whether you’re buying or selling, I have you covered and am committed to your real estate happily ever after. 4680 MARINE AVENUE $899,900 MLS 17743 Austyn MacKinnon REALTOR® Your Housing Solution is Here CALL US OR VISIT OUR WEBSITE CLICKMODULAR.COM 604.884.5122 FAMILY HOMES • GUEST ACCOMMODATION IN-LAW SUITES • LANEWAY HOUSES ACCESSORY DWELLING UNITS ASK US ABOUT 2024 DELIVERIES Visitourshowroom at4561MarineAvenue Luxury countertops for any room in your home Fast, friendly service and quality workmanship CONTACT US FOR A FREE ESTIMATE constellationcountertops.com office@constellationcountertops.com | 604.483.7130 Powell River’s Specialists QUARTZ COUNTERTOP 2 | REAL ESTATE MAGAZINE APRIL 2024

Real estate sales on the rise

February 2024 figures outpaced transactions from February 2023

Real estate sales in February 2024 significantly outpaced sales from February of the previous year in the Powell River-Sunshine Coast Real Estate Board region.

Curtis Yungen, president of the Powell River Sunshine Coast Real Estate Board, said in the real estate market in 2024, local sellers constituted 77.8 per cent of transactions, with the majority selling their principal residence.

“Notably, 23.5 per cent of these sellers repurchased within Powell River,” said Yungen. “On the buying side, 56.3 per cent of purchasers were non-local, with 68.8 per

cent buying for their principal residence and 37.5 per cent citing quality of life as a motivator.

“The largest portion of non-local buyers, 37.5 per cent, hailed from the Lower Mainland and outlying areas. These trends suggest a strong local selling base, with considerable interest from non-local buyers, particularly

from urban areas seeking lifestyle changes. Powell River appeals to both locals looking to upgrade and non-locals seeking a change in lifestyle or investment opportunities.”

Yungen said signs of spring have made the market pick up and see an increase in buyers from in town and out of town.

In the single-family homes category, in February 2024, there were 15 sales, amounting to $9,686,800, compared to seven sales, totalling $4,813,800, in February 2023. There were no sales in February 2024 of mobiles and manufactured homes, compared to one sale, valued at $179,000, in February 2023.

In the condos, apartments and duplexes category, in February 2024, there were four sales, valued at $1,462,900, compared to one sale,

Signs of spring have made the market pick up and see an increase in buyers from in town and out of town.

valued at $350,000, in February 2023.

Totals for residential sales indicates 19 sales, valued at $11,149,700, in February 2024, compared to nine sales, valued at $5,342,800, in February 2023.

On the non-residen-

LOT 3 EAGLE RIDGE PLACE $329,900

Ocean view building lot in a very desirable neighborhood! Eagle Ridge Properties is a recent subdivision that is largely built out with gorgeous new homes on a gentle slope which provides lovely ocean views. This fully serviced lot is perfect for a two story home with level entry and a walkout basement. Local zoning also allows a suite and a carriage home on this property. You’re away from ‘through’ traffic in a residential neighborhood with schools and the local college within walking distance. A large wooded area behind the subdivision provides walking trails and a rural, west coast ‘feel’. This is one of the last lots available in this fast growing area. It’s a wonderful place to start building dreams!

Are you thinking about selling your home this year? Call or text me for a complimentary market evaluation, and let’s discuss your options and next steps.

AND MORE ...

tial side, there were four parcels of vacant land sold in February 2024, valued at $1,388,000, compared to one parcel, valued at $675,000, in February 2023.

In the industrial, commercial and institutional category, there was one sale, valued at $45,000, in February 2024, compared to two sales, valued at $2,625,000, in February 2023.

Totals for non-residential indicates five sales, valued at $1,433,000, in February 2024, compared to three sales, valued at $3.3 million, in February 2023.

Grand total sales show that there were twice as many sales in February 2024 as in February 2023. In all, there were 24 sales in

February 2024, valued at $12,582,700, compared to 12 sales, valued at $8,642,800 in February 2023.

Average sales price for a single-family home dropped year over year, however. In February 2024, the average price was $645,787, with an average of 58 days on the market, compared to $687,686, with an average of 100 days on the market, in February 2023.

In residential, there were 30 new listings in February 2024 and 15 non-residential, for a total of 45 new listings during the month. There were 115 active residential listings in April 2024 and 55 non-residential, for a total of 170 listings.

You’ve looked after your home. Let me help you to showcase all the best about it! I’m ready to make suggestions about how to dress it up for market and then bring in our tools for getting an online virtual tour done for every listing. An upbeat video featuring the high points is great for social media and for the majority of buyers looking online. Exceptional professional photography is an eye-catching callout to the many buyers looking in our area. Call or text me for a market evaluation.

Curtis Yungen President, Powell River Sunshine Coast Real Estate Board
CALL TODAY FOR A SHOWING not look
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OCEAN VIEW
REAL ESTATE MAGAZINE APRIL 2024 | 3
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604.483.NEIL ( 6345 ) NEIL@PRHOMEFINDER.COM 4594 FERNWOOD AVENUE $549,900 • 3 BED •1 BATH Neat and tidy • 1/4 acre lot • Central Westview CENTRAL 2125 BROOM ROAD $839,900• 3 BED • 3 BATH Home & Cottage • .83 acre • Close to beach NEW LISTING 4317 WESTVIEW AVENUE $949,900• 4 BED • 3 BATH Rare large lot • Development potential • Central NEW LISTING 4827 BALSAM ROAD $549,900 • 2 BED • 2 BATH Built in 2008 • Gillies Bay, Texada Island RANCHER 7324 EDGEHILL CRESCENT $720,000 • 3 BED •2 BATH High-end rancher • Central location • No GST! RANCHER PERSONAL REAL ESTATE CORPORATION Neil Frost OCEAN VIEW 3545 SELKIRK AVENUE $1,349,900 • 7 BED • 4 BATH Ocean view • Custom-built home • Cul-de-sac CO-LISTED WITH AUSTYN MACKINNON - 460 REALTY 2339 LANGBAY ROAD $899,900• 3 BED • 4 BATH Solid home • .68 acre • Double garage & shop WALK TO BEACH 4258 MARINE AVENUE $820,000• 2 BED • 2 BATH ESPLANADE WATERFRONT • Full basement NEW LISTING What is your home worth? CALL NEIL TO FIND OUT SOLD REAL ESTATE MAGAZINE APRIL 2024 | 5
604.578.0756 magdadeininger@gmail.com RE/MAX POWELL RIVER 4097 Bowness Avenue $700,000 I would love to assist you with your next move. Give me a call today! 6026 Bell Road $609,900 MLS® 17608 7145 Thunder Bay Street $549,900 MLS® 17727 Curtis Yungen 604.483.1688 • curtisyungen@live.com • curtisyungen.ca 4545 MARINE AVENUE POWELL RIVER GET IT RIGHT THE FIRST TIME Located only a short stroll from the marina, and the restaurant area of Marine Avenue. Zoned MX should future use be Airbnb, office space or home-based business. 104-7440 NOOTKA ST $449,900 MLS®17005 2 BDRM • 2 BATH 261-7575 DUNCAN ST $309,900 MLS®17705 2 BDRM • 2 BATH Neat and tidy 1,345 sq ft modular home. 2-bedroom modular with spacious living room, dining, kitchen. Separate family room, large laundry, 4-piece bath and primary with 4-piece ensuite. RANCHER in a 45+ park. Retire or downsize with easy living all on one floor, beautiful kitchen, living room/dining, two spacious bedrooms, laundry/pantry room and double garage. 4516 MARINE AVE $644,900 MLS®17821 4 BDRM • 2 BATH First time on the market. Beautiful 4.8 acre property located in Paradise Valley with a creek running through the front of property. Don’t miss out on this wonderful property. 4215 MYRTLE AVE $1,100,000 MLS®17827 3 BDRM • 2 BATH RURAL ACREAGE! Peaceful rustic paradise. Solid home with three big bedrooms and two baths on a 1.81 acre lot. Main upstairs has cork floors and a concrete covered deck. 4849 TOMKINSON RD $720,000 MLS®17524 3 BDRM • 2 BATH This highly-rated and popular pub was a great place for a casual night out. Owners are willing to help finance a qualified buyer and with the suite upstairs, you can live and work right from there 5987 LUND ST $1,599,000 MLS®17502 1 BDRM • 3 BATH Thinking it’s time to sell, give me a call! I can help. 6 | REAL ESTATE MAGAZINE APRIL 2024

604.208.2054

INVESTMENT

7312 HIGHWAY 101 $1,399,000

Investment property located minutes outside of the city limits. Live on property and manage your investments at the same time. This property offers a newer house, boat shop, quonset building (over 5,000 sq ft), six storage bays and two sea cans. All currently rented with exception of one sea can. All this in 1.5 acres of land.

OCEAN VIEW OCEANFRONT

3356 MARINE AVENUE $629,900

Private 3-bedroom, 1-bath home with oceanview located in Westview. Spacious lot with established apple and nut trees, has potential for a large shop, outdoor activities and a lot of parking for all your toys. Oceanviews and beautiful sunsets can be seen from your living room. Gorgeous original fir floors can be seen in several rooms throughout the house.

12423 SCOTCH FIR POINT ROAD $899,900

Unique Oceanfront Property. This gem is almost an acre of land and you can live right at the ocean’s edge. Live in your winterized A-frame while building your dream home above and storing your belongings in your 29x23 shop, which is tall enough for a boat or RV. Enjoy watching all the sea life from the comforts of your kitchen & bedroom window.

604 414 8650 • paigeanderson@royallepage.ca 2022
of selling your home? I can help. Call or text anytime!
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Are people ready for homebuying helpers?

Report shows Canadians are considering rent-to-own, joint ownership and secondary suites

More homebuyers in BC and Western Canada are becoming increasingly creative about their options as affordability woes create further roadblocks to entering market.

That’s according to a report from RE/ MAX Canada and market research firm Leger, which examines “alternative” ways Canadians are entering the housing market.

While the report brands these as “alternative,” real estate agent Tim Hill said this type of housing is common.

“It’s a staple in BC It’s not that alternative and homes with [secondary] suites, they do better, they sell quicker and there’s a much bigger demand for it without a doubt,” said Hill, whose office is based in New Westminster.

“Even joint tenants and tenancy in common, I don’t find that very alternative either.”

Thirty-two per cent of Canadians are exploring nontraditional ways

In Western Canada, secondary suites are identified as the most popular means to help buy a home, thanks to the extra income from renters. This is in addition to joint tenancy and tenants in common, which both represent different ways of splitting up ownership of a property.

of entering the housing market, while 48 per cent would consider nontraditional forms of home ownership in the future, according to the Leger survey contained in report.

“Many buyers who purchase a home with a secondary suite are doing so for additional income to help with mortgage costs,” the report stated.

Multiple suites on a single property may soon become more ubiquitous in BC due to legislation passed last November that allows up to six units on a single-family lot.

“Canadians from coast to coast are grappling with affordability challenges, but at the

same time, their desire to achieve home ownership remains strong,” stated Christopher Alexander, president of RE/MAX Canada. “This is prompting many to seriously consider alternative ways to get their foot in the door where it might not be feasible under the traditional ownership model of a single person or couple purchasing with between five and 20 per cent down.”

Rent-to-own is identified as the most popular model Canadians would consider as a means to enter the housing market.

BC United, the province’s official opposition party, recently proposed a rent-to-own

program in its housing platform. It cited a Port Moody project in which 10 per cent of a 358-unit development was designated as rent-to-own, describing it as a “successful example.”

In addition to secondary suites, joint tenancy is identified as another popular avenue for homeseekers in Western Canada.

This involves each party owing an equal part of the property, commonly when spouses or partners purchase a property together, and has a right of survivorship in which 100 per cent of the ownership is transferred to surviving members in the case of death.

Tenants in common

is among the top three homebuying helpers in the report. This refers to individuals who own different percentages of the property.

Across Canada, 21 per cent of respondents said they would consider co-ownership with a family member that isn’t a spouse or partner.

However, Hill said he doesn’t predict any significant increases in the number of people tapping these methods based on what he has encountered on a dayto-day basis.

“It’s a great potential idea, but I don’t see as many people doing it,” he added. “Truly, I think people want to do it themselves.”

Together we raised $3,149 for Grac House at our Kings Tailgate Party!

Our success would not have been possible without the support of our sponsors, the great music by Tyler Bartfai & Trevor Sytnick and the generosity of our community.

T h a n k Y o u f o r a S u c c e s s f u l T a i l g a t e P a r t y ! P a c i f i c C o a s t a l A i r l i n e s L a s z l o T a m a s i k D a n c e A c a d e m y U n d e r w r i t e r s I n s u r a n c e A g e n c i e s V i l l a n i & C o m p a n y R B C - R a c h e l l e F o r d R o y a l L e P a g e R e a l t o r s 4766 Joyce Avenue | 604-485-4231 | royallepagepowellriver.ca 8 | REAL ESTATE MAGAZINE APRIL 2024
OCEAN VIEW acreage on Southview Road. Looking for a private acreage to build the perfect home or vacation cabin? This charming 1.76 acre property, with gorgeous ocean views of Ahgykson (Harwood) Island, is located just 15 minutes to the Lund Harbour – gateway to Desolation Sound Marine Park, and only 15 minutes to the amenities of Powell River. At the front of the property there is a rustic sleeping cabin for storage or overnighting, easy to build onto or relocate. A new drilled well in 2023 provides an excellent source of water and a driveway provides access the centre of the property off Southview Road. This gently sloped property with mixed forest could be the perfect coastal hideaway. Walk to the beach access trail opposite Southview Road and spend your days on the beach or hike the nearby Toquenatch Trail loop, part of the Sunshine Coast Trail network, to immerse yourself in the coastal rainforest. Call today for more details! This semi-waterfront, 5-bedroom, 3-bathroom home is filled with character and charm. Recently renovated kitchen opens to a bright living room complete with coved ceilings and unobstructed views of the Salish Sea. The primary bedroom is spacious with a large closet and reading nook to enjoy the views. Two bedrooms on the main and a bedroom in the basement, this home provides ample living space. Partly finished basement, ductless heat pump, Terracotta tile flooring and sunset views, a perennial garden area with patio make this home a dream property. 7531 SOUTHVIEW ROAD $499,999 MLS® 17834 4174 MARINE AVENUE $659,900 MLS® 17455 SOLD Need help with Buying or Selling? Call Lisa today! Lisa Gunn, Personal Real Estate Corporation 604.223.7628 lisa@lisagunn.ca 604 344 0055 | kindrebo@460realty.com | katieindrebo.com Visit my blog for articles on Powell River real estate and lifestyle REALTOR® KATIE INDREBO 4366 QUEBEC AVENUE • $1,089,000 MLS® Number: 17754 Spectacular View | Quality Custom Build | High-End Finishings QUEBEC AVENUE A NEW WEST COAST NEIGHBOURHOOD Lot I QUEBEC AVENUE•$1,149,000 MLS® Number: 17755 Bring your dream home to life with the opportunity to customize the finishings of either of these two listings. Give me a call to find out more about these spectacular opportunities. *Interior renderings 604.414.3929 foxtrotelectricalsolutions.ca F OXTROT E LECTRICAL S OLUTIONS LTD. ELECTRICAL UPGRADES RENOVATIONS NEW CONSTRUCTION • Full electrical services • Lighting control • Whole-house audio • EV charging stations • Audio/Video Installs • Generator Connections TSBC LEL0201432 REAL ESTATE MAGAZINE APRIL 2024 | 9

GET READY FOR SUMMER! Powell Lake float home has plenty of docking space, a utility shop on its own float, complete with woodfired hottub, a 30’ x 35’ fenced back patio, massive front deck and ramps, floats and breakwater.

10975 POWELL LAKE $250,000 MLS®17714

Listed by Josh Statham - 460 Realty

CENTRAL DEVELOPMENT PROPERTY! 1.35 acres at the dead end of Boswell Street in Central Westview, currently zoned R2 (single and two family). The property has been cleared with great access and services on the street, ready for a new in-fill subdivision. Power will be run to the lot soon.

LOT 12 BOSWELL STREET $599,900 MLS®17867

Listed by Josh Statham - 460 Realty

4048 SATURNA AVENUE $769,900 MLS®17876

Listed by Josh Statham - 460 Realty

WALK-ON WATERFRONT! This stunningly renovated two-storey beachfront home is perched at the shores of the Salish Sea with breathtaking ocean views and panoramic sunsets. A bright and open main level with a fully-contained suite downstairs.

6765 KLAHANIE DRIVE

$1,399,900 MLS®17840

Listed by Josh Statham - 460 Realty

INVESTOR ALERT! Prime commercial property is a must see. The level quarter-acre lot (68’ x 150’) offers room for development. An 800+ sqf bungalow recently updated, with 3 bedrooms, and currently provides traveller accommodation at over $3,000/mth.

4460 JOYCE AVENUE $349,900 MLS®17796

Listed by Josh Statham - 460 Realty

DEVELOPMENT POTENTIAL!! This exciting infill subdivision in Westview is a rare find. Solid four bedroom bungalow is move-inready, with a level yard and detached double garage with power. Rent out the house and start subdividing two lots off of the back!.

5011 MANSON AVENUE $599,900 MLS®17801

Listed by Josh Statham - 460 Realty

Beautifully updated, 5-bdrm, 3-bath, central Westview home is just steps to the beach walk on desirable Hammond Street. The open concept plan is bright and inviting, main-level primary bedroom features trendy ensuite and built in closet.

6883 HAMMOND STREET $799,900 MLS®17875

Listed by Josh Statham - 460 Realty

LIVE YOUR LAKEFRONT DREAM. This custom-built home on the shores of Cranberry Lake boasts 4,500+ square feet, convenient main-level entry with walk-out suite on a wide quarter-acre lot. This home is full ICF for the utmost in efficiency. The great-room features chef’s kitchen, formal dining and cozy living room with fireplace.

7050 CRANBERRY STREET $1,569,900 MLS®17852

Listed by Josh Statham - 460 Realty

This three-parcel land assembly on a quiet side road in Cranberry is comprised of three separately titled R2 (Single and Two-Family) lots. Lot B has 95’ of frontage on Drake Street with 132’ flanking a side lane with further road dedication. Lots C and D are both 66’ x 145’.

LOT B, C, D DRAKE STREET $399,900 MLS®17799

Listed by Josh Statham - 460 Realty

MOVE-IN-READY! Stylishly remodeled with high-end upgrades, this two-story half-duplex has so much to offer. Main-level-entry home on a private pan-handle lot has full yard access with recently upgraded driveway, attached carport, storage shed, privacy hedge.

4555A MICHIGAN AVENUE $649,900 MLS®17672

Listed by Josh Statham- 460 Realty

4058

a few of the many enhancements you will find with this semidetached 3 bedroom plus bonus room home.

4060 SATURNA AVENUE $849,900 MLS®17679

Listed by Josh Statham - 460 Realty

WATERFRONT VILLA. Set on a large, wide-fronting waterfront lot on a no-thru road in a peaceful bay along the shores of the Sunshine Coast, this level-entry home with open-concept plan and walk-out basement has received a massive kitchen upgrade.

2108 MAHOOD ROAD $1,988,000 MLS®17850

Listed by Josh Statham - 460 Realty

NO GST! Th remarkable semi-detached rancher offers quality for easy-care living. From the natural stone detail at the entrance to the underground power lines and efficient heat pump with AC, this home is designed to impress. Saturna Ave exceeds the building standards of today’s new homes. Lifetime roof warranty, Step code 3 certified-superior energy efficiency, upgraded insulation, and heat recovery ventilator system are just
10 | REAL ESTATE MAGAZINE APRIL 2024

OCEANVIEW ACREAGE! This gently sloping 3.46-acre building lot in Paradise Valley is just minutes from town and offers incredible ocean views and southern exposure in a picturesque rural setting. The lot is accessed via a quiet cul-de-sac b overlooks Myrtle Rocks. LOT 3 CENTENNIAL DRIVE $469,900 MLS®17823

Listed by Josh Statham - 460 Realty

Stylish rancher provides the ease of single-level living, fenced level yard, attached double garage and desirable open concept plan. Spacious kitchen offers ceiling height cabinets, stainless appliance and large island, and the dining room is surrounded by windows and natural light.

7365 GLACIER STREET $714,900 MLS®17832

Listed by Josh Statham - 460 Realty

ACREAGE & TWO HOMES! Located in the desirable Myrtle Creek area, just a few minutes south of the municipality and near trails, market gardens and beaches, this beautifully developed 1.2 acre corner lot features two homes. The main home is level entry with a massive over-height rec room and country kitchen.

3047 BRADFORD ROAD $1,199,900 MLS®17643

Listed by Josh Statham - 460 Realty

WALK-ON WATERFRONT! This spectacular beachfront home is set on a large, private walk-on waterfront lot. Main-level-entry home offers open concept plan, with three bedrooms upstairs and a full basement, plus RV pad on an expertly landscaped seaside estate.

8745 PATRICIA ROAD $1,999,900

Listed by Josh Statham- 460 Realty

6506 SETON AVENUE $499,900 MLS®17849

Listed by Andrew Roddan- 460 Realty

CENTRAL ACREAGE. This turn key main-level-entry home is situated on a level one-acre lot in Central Westview. This property has development potential, and is currently zone R2 (single and two family), or makes an excellent home for anyone in search of a shop, parking or storage.

4532 MANSON AVENUE $769,900 MLS®17776

Listed by Josh Statham - 460 Realty

1.35 acres at the dead end of Boswell Street in Central Westview, currently zoned R2 (single and two family). The property has been cleared with great access and services on the street, ready for a new in-fill subdivision. The adjoining lot is also listed for sale.

7151 BOSWELL STREET $1,199,900 MLS®17724

Listed by Josh Statham - 460 Realty

This seaside estate overlooks Myrtle Rocks just 5-minutes south of the city of Powell River. Brand-new custom-built home is main-level-entry, with a vibrant open great room, spacious view deck, main-level master with guest rooms upstairs and a fully-contained two bedroom walk-out suite downstairs.

8447 HIGHWAY 101 $2,249,900 MLS® 17747

Listed by Josh Statham- 460 Realty

REAL ESTATE MAGAZINE APRIL 2024 | 11
MUTH CONSTRUCTION MUTH CONSTRUCTION Call Nate at 778-230-7676 for your next construction project: Decks Fences Barns Garages Carports Shops Sheds Renos Repairs We show up when we say we will and keep coming back until your project is complete! nate.muth@hotmail.com fb.com/muthconstructionandrenovations Max is very approachable and good at communicating and keeping in touch. He always came up with information that I needed, plus helpful suggestions for someone new to the area. He could have not been better at helping us find our new home. A big thank you to Max for all his help and taking such good care of us for so long. 6044148829 I live it. I love it. I sell it. MAXPAGANI.COM - LICENSED REALTOR® SINCE 2001WHAT MAX’S CLIENTS HAVE TO SAY ... Max went the extra mile for me. He sold our house on Traffe road. I’m not saying he’s perfect, who’s perfect? I’m saying “job well done!” Very cute and personable. Max had the most knowledge and expert opinion of the market. Max showed us patience as it took us a few years to be in the proper position and find the right fit. Buying or selling? Get experienced advice with no pressure What's the property worth? Property tax assessment vs true market value? Consider a second opinion, let's talk. Office 604.483.5192 targetinstall@telus.net targetinstallations.ca PLUMBING, GAS & FIRE PROTECTION From overflowing toilets to clogged drains and leaky faucets, it doesn’t take much for plumbing woes to leave you feeling drained. We can help. No job is too small. • Clogged drains • Drain cleaning and camera scoping • Hot water tank repair and replacement tankless water heaters • and much more Feeling drained from plumbing woes? 12 | REAL ESTATE MAGAZINE APRIL 2024
Complete virtual marketing package, FREE for every listing, includes; 3D model, virtual tour, floor plans and photos Has it been a while
you bought or sold Real Estate? Are you looking for your first home? I am personally available day or night, before, during and after the sale with answers and solutions to whatever comes up. MIKE KABAN CALL OR TEXT ANYTIME 604.483.5111 ... I have time for you Do you want a market evaluation of your home or access to new listings every day? No obligation, all for free! I can help, call or text anytime. • Premium eco-friendly products • Proud supporters of KidSport • Awarded A+ by Better Business Bureau • Three-year written warranty If you or anyone you know is looking to get some painting or staining done this spring/summer, feel free to contact me for a FREE estimate! PRECISION • QUALITY • HIGHLY RATED SERVICE FREE PAINTING ESTIMATES INTERIOR & EXTERIOR YING ZHONG Brooks Secondary School Graduate / UVic Business Commerce 604.223.8542 | yingzhong@scholarsedge.biz Local lawyers - where the coffee is always on and we answer your phone calls Real Estate & Property Development • Corporate & Business Law Wills, Estates & Estate Planning • Divorce / Family Practice / Mediation Criminal; Law • Personal Injury • Litigation & Civil Disputes Katya Buck • Stacey Fletcher • Rob Villani • Warren Peters • Brandon Henderson Our goal is to provide quick, responsive services, creative solutions and sophisticated strategies for our clients Pheonix Plaza 103-7020 Duncan Street, Powell River, BC 604 485 6188 • villaniandco.com REAL ESTATE MAGAZINE APRIL 2024 | 13
since

Powell River 59-unit rental property sold for $6.25M

Sold below asking at a cap rate of 4.9 per cent

DEAL | Glacier Apartments at 7080 Glacier Street in Powell River sold Feb. 5 for $6,250,000, a discount to the asking price of $7.2 million and the assessed value of $8,007,000. The sale price worked out to $106,000 per door for the three-storey, 59-unit property, which sits on 1.54 acres. Built in 1968, the property was recently upgraded with double-paned windows (2013) and sliding glass doors (2019) to improve energy efficiency.

PRICE | $6,250,000

MARK GOODMAN AND IAN BRACKETT, GOODMAN COMMERCIAL, FOR WESTERN INVESTOR
604 414 8650 • paigeanderson@royallepage.ca 2022 Thinking of selling your home? I can help. Call or text anytime! 14 | REAL ESTATE MAGAZINE APRIL 2024
Glacier Apartments, a three-storey rental property in Powell River with 59 units, sold Feb. 5 for $6.25 million. // Goodman Commercial Ltd.

BASECAMP DESOLATION SOUND STRATA LOT 20 OCEAN VIEW

7 acre ocean view lot located at the gateway to Desolation Sound, minutes to Lund on the Sunshine Coast. Road accessible with power available. No building permit process required. Limited availability

9.82 ACRE OCEANFRONT ON PARKER ISLAND NEAR MONTAGUE HARBOUR

Southwest facing 9.82 acre high bank oceanfront property in the Southern Gulf Islands, just off Galiano Island. Drilled well, power on site and approved septic field installed. Shared dock and landing site in Montague Harbour. $399,000

1.73 ACRE OCEANFRONT CLOSE TO MAPLE BAY - VANCOUVER ISLAND

Road accessible, forested building lot overlooking Sansum Narrows and Salt Spring Island. Close proximity to amenities, marina with daily float plane service to Vancouver. Ideal full-time residence or recreational getaway. Power to the lot line, multiple building sites to choose from. $399,000

INDUSTRIAL BUILDING ON ACREAGE NORTH OF POWELL RIVER

3.55 acre rural property. 12,314 sq. ft. light industrial building accommodating a wide range of uses. 20 ft ceilings, 3 roll up doors, leveling deck, 400 amp single phase and 100 amp three phase power, 15 gpm drilled well, approved septic and 1,105 sq. ft. of office space. 364 ft of road frontage with a gated paved driveway and parking lot. $1,680,000

PRIVATE FLOATING LODGE HOLE IN THE WALL - TLUPANA INLET

Turnkey private floating fishing lodge in Hole in the Wall, Nootka Sound, near Critter Cove, West Coast of Vancouver Island, one of BC’s best fishing areas. Well maintained, fully equipped, furnished and ready to go. Jump in your boat and go fishing. NOW $850,000

OCEANFRONT CABIN AND DOCK ON BOULDER POINT - CORTES ISLAND

6.92 acres with 756 sq. ft. cabin and 40 ft dock providing deep water moorage. 3 minutes by boat from Squirrel Cove government wharf and general store on Cortes Island. Easily accessible and located right in world renowned yachting destination Desolation Sound. NOW $649,000

BASECAMP DESOLATION SOUND STRATA LOT 25 WILDERNESS

7 acre wilderness lot located at the gateway to Desolation Sound, minutes to Lund on the Sunshine Coast. Road accessible with power available. No building permit process required. $429,000

DAVIS BAY BEACHFRONT ESTATE SECHELT, BC

8.68 acre trophy oceanfront situated on Davis Bay on the Lower Sunshine Coast. Walk on beachfront with approx. 600 ft of waterfront. Private estate, family compound or development. Privacy, covered in mature trees, walking distance to amenities. $5,500,000

SLAM BANG LODGE - THE ULTIMATE WEST COAST FISHING LOCATION

World class salmon and bottom fishing within a 10 minute boat ride. This floating lodge is located on Union Island in Kyuquot Sound on the west coast of Vancouver Island. Includes 4 guest rooms, 3 bedroom cabin, large dining room, outdoor kitchen area and established fish processing facility catering to guests and other lodges. $995,000

140 ACRE OCEANFRONT BRAMHAM ISLAND

JERVIS INLET - HARDY ISLAND NEWLISTING NEWLISTING

90 ACRE OCEAN AND LAKE FRONT PROPERTY - QUATSINO

Substantial mature timber, some cedar, no estimate of volume. NOW $1,500,000

Nestled in South-central BC’s coast, this oceanfront haven includes 2 stunning bays, diverse terrain including lakefront, wetlands & old-growth forests, ideal for outdoor exploration. Accessible from Port Hardy by boat or float plane, this secluded paradise is surrounded by Crown land, providing an unparalleled wilderness experience. $1,795,000

MUSGRAVE LANDING HOME AND MOORAGE - SALT SPRING ISLAND

Oceanfront property with custom 3 bedroom, 2 bathroom home, separate studio / guest cabin. Private marina, moorage at your doorstep. Road accessible with services. Ideally situated in the Southern Gulf Islands with easy access to Vancouver Island. $1,250,000

OCEANFRONT HOME AND DOCK

Situated on 4.94 acres with 850 ft of low bank waterfront, this is an opportunity for waterfront living and recreation. With well-appointed main home, additional building site, two beaches, private dock and robust power and water system, it’s a paradise for outdoor enthusiasts. $1,189,000

BC Landpro Group www.bclandpro.com JASON ZROBACK jason@landquest.com 604-414-5577 JAMIE ZROBACK BBA, Fin jamie@landquest.com 604-483-1605 ® www.landquest.com This offering comprises two spectacular oceanfront lots, each with a private dock and drilled well, allowing for two homes per lot. Includes a private beach and RV for living during construction. It’s an ideal opportunity for a private estate or group purchase. $1,499,999 10.55 ACRE OCEANFRONT ESTATE TELESCOPE PASS - HARDY ISLAND 8.35 acres of gently sloping land with approx. 1,300 ft of Lake Frontage. Crown lease is in place with a 10 year term commencing Nov 9, 2022. Property is improved with 5 well-appointed, self-contained, cedar cabins, outbuildings, dock and floating sundeck. NOW $250,000 144 acres on Porcher Island with 2,000± ft of southern exposed oceanfront near Oona River. Includes main house, 6 guest cabins with revenue potential, shop and boat house; all serviced by power, water and septic. Large list of machinery and equipment available at an additional cost. $1,500,000 POWELL
LAKE LODGE POWELL RIVER, BC OCEANFRONT PARADISE WITH ENDLESS POSSIBILITIES
with only 4 lots being released in this second phase. $499,000 90 acres, 2 titles 1,150 ft oceanfront in Hecate Cove and 1,850 ft lakefront on Colony Lake in Quatsino on the west coast of Vancouver Island. Road goes through property. May have subdivision potential.
REAL ESTATE MAGAZINE JULY APRIL 2024 | 15
NEWLISTING NEWPRICE NEWPRICE NEWPRICE
16 | REAL ESTATE MAGAZINE APRIL 2023 Charlie Bai 778.229.8528 Chris Carlos 604.344.0179 Curtis Yungen 604.483.1688 Damian Wright 604.483.6405 Harry Zroback 604.483.8333 Monica Peckford 604.483.1718 Ron Ostensen 604.414.7797 Justin Sparks 250.589.6181 Max Pagani 604.414.8829 Deb Young 250.540.1887 Magda Deininger 604.578.0756 Mike Kaban 604.483.5111 Sonia Kelshaw 604.413.0554 Lisa Bartello 604.578.1888 RE/MAX POWELL RIVER - 4545 MARINE AVENUE, POWELL RIVER, BC V8A 2K5 EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED Meaghan Westie 604.414.5831 WE HAVE THE RIGHT AGENT FOR YOU. SCAN ME FOR A FREE HOME EVALUATION 604.485.2741
REAL ESTATE MAGAZINE APRIL 2023 | 17 3515 MARINE AVENUE • $1,825,000 MLS® 17784 INCREDIBLE WATERFRONT! 128’ of waterfront acreage in one of Powell River's most sought after locations. Call today to view! THE SPRING MARKET IS HERE! It’s a great time to chat about making a move. Give me a call for a free home evaluation and guidance through our busy market! 778.986.1691 amackinnon@460realty.com austynprhomes.com AUSTYN MACKINNON YOUR HOME YOUR WAY 3545 SELKIRK AVE $1,349,900 Spectacular views, highend finishings, accent lighting throughout, hot water on demand, central AC, double garage, and much more. OCEAN VIEW 4472 OMINECA AVE $699,900 Ocean view from master bedroom with its own private deck plus the same view from the main floor with another deck. OCEAN VIEW 4649 CEDAR ST $399,000 One-third acre, shop, cabin, house. Detached shop with wood stove, c-can and extra shed for storage, greenhouse and garden to grow your favourite fruits and vegetables. TEXADA ISLAND 7160 HAZELTON ST $785,000 To talk about selling your house in today’s market give Austyn a call today! SOLD Mike Pirozek CONTRACTING 604.483.8473 mikepirozekcontracting.com CERTIFIED DANGER TREE ASSESSMENT AND FALLER RESIDENTIAL TREE REMOVAL Fully insured • Over 30 years’ experience Letting the light shine in with a expert who knows your trees Your property’s green space deserves the attention of a reliable and efficient tree service, call for a free estimate Limbing • Spiral pruning • Wind firming Tree removal • Topping Hedging and fruit tree management 604.483.6064 Monday to Friday 8 am to 4 pm AND EMERGENCY CALLOUTS LICENSED · BONDED · INSURED · RED SEAL CERTIFIED New construction · Renovations · Drain cleaning Perimeter drain inspection · Tankless installation Hot water tanks (gas or electric) Any line break, leak or plumbing problem you can think of! SHOREFRONT Plumbing FOR ALL YOUR PLUMBING NEEDS
Are you ready to get started on a project? Get in touch with us today 604.578.8910 remotemarinesolutions.ca keith@remotemarinesolutions.ca You dream it, we build it Providing innovative and sustainable solutions Family-operated business specializing in high-quality custom docks, ramps, cabin flotation, anchoring and rigging, marine aluminum and steel fabrication, and more We build the toughest docks, period. No remote location is too challenging for us; we can handle it! windows • gutters*• doors • siding garage doors*• patio covers • awnings Duradek*• railings • and more *Gutters, Duradek and Garage Doors are not available on the Sunshine Coast. Powell River 604.485.2451 Sunshine Coast* 604.989.0341 modern.ca years of making windows in Powell River BC 36+ Locally Made Windows Reduce your carbon footprint with Are you moving to Powell River? Visit our showroom, our windows are made on site. 18 | REAL ESTATE MAGAZINE APRIL 2024
EASY DEVELOPMENT Lot 4 CranberrySt $187,500 MLS® 17386 LISTING AGENT: SUNNY DAWN KOSTELNIK LISTING AGENT: KAIT MELVIN PRICE CHANGE A LEGACY INVESTMENT LISTING AGENT: SUNNY DAWN KOSTELNIK 5326 Hamber Ave $1,049,000 MLS® 17673 LISTING AGENT: KAIT MELVIN NEW LISTING 6357 Joncas Pl $639,000 MLS® 17851 LISTING AGENT: DOUG DAHER NEW LISTING 3386 Hernando Ave $650,000 MLS® 17871 LISTING AGENT: KAIT MELVIN NEW LISTING 3617 Joyce Ave $779,900 MLS® 17888 LISTING AGENT: SUNNY DAWN KOSTELNIK NEW LISTING 8035 Hwy 101 $1,850,000 LISTING AGENT: DOUG DAHER NEW WATERFRONT 4743 Fernwood Ave $769,900 MLS® 17855 LISTING AGENT: KAIT MELVIN NEW LISTING 6911 Abbotsford St $650,000 LISTING AGENT: DOUG DAHER NEW LISTING 7358 Lazo St $759,900 MLS® 17887 LISTING AGENT: KAIT MELVIN NEW LISTING 5746 Willow Ave $515,000 LISTING AGENT: DOUG DAHER NEW LISTING SOLD 3777 Joyce Ave SAVED $11,350 in commission fees* SOLD 3872 Ontario Ave SAVED $10,550 in commission fees* NEW LISTING 3396 Mackenzie Ave $775,000 MLS® 17846 LISTING AGENT: KAIT MELVIN PRICE CHANGE Lot 11 Gillies Bay Rd $320,000 MLS®17402 LISTING AGENT: SUNNY DAWN KOSTELNIK SOLD SOLD 4229 Manson Ave $660,000 MLS® 17771 4-4500 Claridge Rd $225,000 REAL ESTATE MAGAZINE APRIL 2024 | 19

From determining your home’s value to closing day, RE/MAX® agents help guide you through the entire home-selling experience.

1 Choose your local RE/MAX agent.

2 Prepare your home for sale.

3 Determine your home’s value.

4 Review & accept the offer.

5 Close on your new home.

RE/MAX POWELL RIVER - 4545 MARINE AVENUE, POWELL RIVER, BC V8A 2K5 - 604.485.2741 EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED
©2023 RE/MAX, LLC. Each Office Independently Owned and Operated. 22_894
SCAN ME FOR A FREE HOME EVALUATION 20 | REAL ESTATE MAGAZINE APRIL 2024
Experience for today’s market 5 STEPS TO SELL
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