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NANAIMO

REAL ESTATE

REVIEW

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

ONLINE: WWW.NANAIMOBULLETIN.COM ADVERTISING INFORMATION: CALL LESLEY LIVINGSTONE-GRAY AT 250-734-4614

THURSDAY FEB 27, 2014

FEATURE PROPERTY

668 Sarum Rise Way - $414,900 Fall in love with this beautiful 2-storey home backing onto Hawthorne Park. Designed for today’s contemporary lifestyle the spacious great room features gorgeous hardwood floors and a cozy natural gas fireplace. The designer kitchen boasts richly stained cabinets, under cabinet lighting, a work island, tile flooring and the major appliances. The luxurious main floor master suite boasts a walk-in closet and a 5-piece ensuite with heated tile floors, a walk-in shower and soaker tub. Additional features include a main floor laundry room, covered rear patio and mud room – the list goes on and on.

Call Dan Grondin at Century 21 Harbour Realty 250-760-1066 or visit www.century21.ca/dan.grondin for more details.

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, FEBRUARY 27, 2014

OPEN HOUSE SATURDAY & SUNDAY 1pm to 4pm

Located at 500 Corfield St. Parksville, BC PHASE I & II SOLD OUT • PHASE III & PHASE IV NOW SELLING

Starting at $335,000

PLUS GST

• Beautifully finished single level patio homes.

• Oversized 2 car garage.

• 2 bedrooms, 2 bathrooms, + den.

• 1333 to 1500 sq. ft of living space.

Show Suite Designed by Patti Ransom Interior Design.

CONTACT US 1.866.956.6228 www.creeksideatcorfield.com FOR A FULL INFORMATION PACKAGE CONTACT John Cooper *PREC john@coopermclintock.ca or Sean McLintock *PREC sean@coopermclintock.ca

* Personal Real Estate Corporation

of Nanaimo 250.751.1223

Introducing homeowner Introducing homeowners Introducing insurance at ahomeowners price you insurance at with. a price insurance at a price can live you cancan live with. you live with.

Ask us about The Real Advantage Program - a homeowner insurance program that offers special rates to careful, responsible people. COMPARE ANDbroker, SAVESAVE COMPARE AND Call us, your independent for a free quote today. HOUSEHOUSE YEARLYYEARLY VALUEVALUECONTENTS LIABILITY CONTENTS LIABILITYPREMIUM PREMIUM COMPARE AND SAVE $409 $409 $300,000 $300,000 $240,000 $240,000 $2,000,000 $2,000,000 $350,000 $280,000 $2,000,000 $467 $350,000 CONTENTS $280,000 LIABILITY $2,000,000 $467 HOUSE VALUE YEARLY PREMIUM $400,000 $2,000,000 $525 $525 $400,000 $320,000 $320,000 $2,000,000 $2,000,000 $300,000 $240,000 $409 $500,000 $2,000,000 $641 $641 $500,000 $400,000 $400,000 $2,000,000 $2,000,000 $350,000 $280,000 $467 $750,000 $931 $931 $750,000 $600,000 $600,000 $2,000,000 $2,000,000 $400,000 $320,000 $2,000,000 $525 $1,000,000 $1221 $1221 $1,000,000$800,000 $800,000 $2,000,000 $2,000,000 $500,000 $400,000 $2,000,000 $641 :;%22+1)$2&)+"$'&"+<$(1$/&=3/%/$<3"4(%1) :;%22+1)$2&)+"$'&"+<$(1$/&=3/%/$<3"4(%1) $750,000

$600,000

$2,000,000

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REAL INSURANCE REAL INSURANCE Solutions Inc.Inc. Solutions

250.585.2950 250.585.2950

#2-4180 Island Hwy. N., Nanaimo 250.585.2950 #104-191 Jensen Ave. E., Parksville 250.586.2950

#2-4180 IslandIsland Hwy. Hwy. NorthNorth #2-4180

THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 3

www.sleggrealty.com 250.756.9700 - Toll Free 1.866.457.2494 Secluded Acreage $480,000

Remodelled Rancher! $294,900

1/2 Acre in Cedar $279,900

Parksville Gem $488,000

• Well kept home on low maintenance acreage in Nanoose. • 2 bdrm , 2 bath home has a cozy living area leading out to large patio. • Large, overheight workshop. Fully fenced. • Enclosed hot tub and above ground decked swimming pool. A must see.

• 1670 square foot fully renovated 3 bedroom rancher • On cul de sac street bordering Bowen Park • Two blocks to the hospital; detached workshop • Large deck in private back yard; this house is a “Ten”

• Immaculate 1150 sqft 2 bedroom home • Many recent upgrades; roof; flooring; furnace + more • Fully fenced, landscaped yard; shop with wood stove • Wood burning stove in living room

• 1905 sqft, 3 bdrm, 2 bath, Windward Built Rancher • Spacious bright open concept, large picture windows • Granite counters, Stainless Steele appliances • Close to Golf course, Marina & Stores

Alyce Carney 250-228-9049

Spectacular Panoramic Ocean Views $449,000

• 4 bed, 4 bath overlooking Departure Bay • Open concept living area with NEW kitchen • New roof, new southern exposure deck, new paint • Lower level is setup for conversion to in-law suite

Jim Johnson/Jay Deleskie

Crofton View Acreage $399,900

Ron Poitras 250-741-4422

Susan Arman

YOU CAN HAVE IT ALL! Once in a lifetime opportunity

Private small acreages near Parksville surrounded by 1000 acres of park and timberlands, wildlife and birds. Only 8 minutes from town and beaches. These approx. 2.5 acre lots are priced from $185,000; clear cold water from artesian wells on many of the lots; very quiet, very private; cleared building sites, driveways in!

THERE IS NO OTHER DEVELOPMENT LIKE THIS

Call the Dumbrells: 250-248-9996 or 250-756-9700 Extension Acreage $219,000

Larry & Ruth Staley

University District Cottage $187,000

• 2 bedroom, 900 sq.ft. on the main • 3rd possible teenager bedroom in basement • 4 year old roof; bathroom completely remodeled • Great location close to Bowen Park

Ron Poitras 250-741-4422

ATTENTION: Builders/Investors! $429,900

Great New Price! $54,900 D

UCE

RED

• This acreage has astounding views over the Sound. • Sturdy full basement home with large detached shop. • Property is fenced and has pasture land. Full variety of fruit trees, nut trees, grape vines & fenced area. • Chicken coops, pig pens and more!

• 4+ acre treed lot on quiet road in Extension • Drilled well and septic approval in place • Country living only minutes from shopping, golf, airport, Nanaimo River and the university

Alyce Carney 250-228-9049

Susan Arman

Rutherford Ridge Home $479,900

Oceanview Character Home $307,000

CED

U RED

• Partial views of the Winchelsea Islands • 5 bedrooms, 3 bathrooms, new hardwood floors • Fully fenced, low maintenance yard • 2 bedroom in-law suite with private entrance

Susan Arman

• 2 building lots plus a corner lot with 2300 sq/ft home • Home in great condition with many updates • North Nanaimo near Linley Valley subdivision • Great ocean views from all lots; Trades Considered

• Sharman Park beauty • New floors and paint throughout • 1152 sq.ft. with extra parking • Vacant - immediate possession available

Mike Phillips

Larry & Ruth Staley

3 Brand New Homes! Cottle Creek Estates

Acreages on City Water from $175,900

$359,900

• 3 bedrooms, 2 bathrooms with suite • Cozy living room with fireplace • Many upgrades including flooring and new heat pump • Fully fenced corner lot with outbuildings and covered deck

Jim Johnson/Jay Deleskie

• 2 storey, 3 bedroom, 3 bathroom, 1783 sq.ft. • On Cul-de-sac backing onto green space • Easy access to Linley Valley & Cottle Lake Parks • Purchase now and pick your colours & finishings

• Country living within minutes of Nanaimo & airport • Beautiful, treed private acreage • Steps to hiking, biking & horeseback riding trails • 3 lots available - 2+ acres, 3+ acres & 4.5 acres

Mike Phillips

Susan Arman

Free Recorded Home Information 24 Hours a Day

Call Toll-Free 1.800.897.7549 Enter the extension number to hear a property description $194,900

Floor Plan

211-4965 Vista View Crescent

Virtual Tour

ROCKY POINT CONDO!! GREAT PRICE!! 2 beds, 2 baths, 1,050 sq. ft, completely renovated, NG fireplace. Fantastic floor plan, covered parking, storage locker, in-suite laundry, secured entry, pet friendly. Walk to bus service, parks and ocean. Hurry act now!

Ext. 5552 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$239,900

Floor Plan

423- 2562 Departure Bay Road

SPECTACULAR OCEAN VIEW CONDO! 2 beds + 2 den areas, 3 baths, 1,600 sq.ft., vaulted ceiling, fireplace, large deck, swimming pool, hot tub, exercise room, sauna, excellent building, great location, walk to beach & shopping, buyer friendly, hurry act now!

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

$414,900

$284,900

Floor Plan

6820 Harwood Dr.

Virtual Tour

UPPER LANTZVILLE FAMILY HOME! 4 Bedrooms, 3 Baths, 1,727 sq ft, .33 Acre, Municipal Water, Thermal Windows, Wood Fireplace Insert, Spacious Rooms, Large Rear Deck, Garage, RV Parking, Huge Flat Yard, Hurry, Call Now!

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

Virtual Tour

Floor Plan

1292 Gabriola Drive

Virtual Tour

AMAZING CRAIG BAY ESTATES TOWNHOME! 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 Trails, 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

OPEN HOUSES

4 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014

THYME PLACE (Off McGirr Road)

OPEN HOUSES

EVERY SAT & SUN 2-4PM

Only Duplex Now Selling

Units starting at

$224,900 +Tax

*Call For Details

THINKING OF BUYING OR SELLING? Find out why more Buyers and Sellers recommend CHRIS MARTIN! Please call for a FREE, No-Obligation Market and Home Evaluation.Cell: 250.616.1996 $999,900

Floor Plan

345 Newcastle Ave.

Virtual Tour

Downtown Nanaimo Waterfront Home! Spectacular View, 2 bdrms suite, R8 Medium Density Residential Great Investment Opportunity, 3,240 Sq Ft, .20 acre, 5 Beds, 3 Baths, Hardwood Floors, Cathedral Ceilings, Floor to Ceiling Windows, Two Bedroom Suite, Separate Laundry, Private Entrance, Double Garage, Enormous Decks, Call Now! Ext. 1052 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

D L SO

Floor Plan

Virtual Tour

5679 Garnet Place NORTH NANAIMO PATIO HOME! NO STAIRS!

2 Beds + Den, 2 Baths, 1,550 Sq Ft, No Through Road, Remainder of 10 Yr Warranty, Harwood Floors, Open Floor Plan, NG Fireplace, NG Forced Air Heat, Huge Rear Deck, Hardi Plank Siding, Double Garage, Crawl Space, Walk to parks, bus service & shopping, Hurry Call Now!

Ext. 9992 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

Mortgage Corp. Virtual

4 Beds, 3 New Baths, 2,079 sq ft, .20 Acre, Endless Renovations, Hardwood Floors, Stainless Steel Appliances, Excellent Floor Plan, Suite able, Fully Fenced, Huge Back & Side Yards, 5 Yr Old Roof, Walk to Schools, Parks and Bus Service, Buyer Friendly, Call Now! Visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

$284,900

Floor Plan

1440 White Street CENTRAL NANAIMO HOME! GREAT LOCATION!

Virtual Tour

3 beds, 2 baths, 1,862 sq.ft., .17 acre, renovated, master bedroom on main level, huge private patio, fully fenced, no through road, walk to schools, parks & bus service. Call now! Ext. 1022 or visit www.chris-martin.ca To view please call Chris Martin at 250 616-1996

C: (250)616-1996 • B: (250)751-1223 • F: (250)751-1300 • E: chris@chris-martin.ca

PERSONAL REAL ESTATE CORPORATION

Full details & photos at www.thompsongodfrey.com

Sand Dollar

Tour 5694 Yorkshire Terrace COMPLETELY RENOVATED NORTH NANAIMO HOME! RV PARKING! HOT TUB!

www.chris-martin.ca

250.751.1223

$339,900

Floor Plan

$384,900

• 2 bdrms + den, 2 bthrms • From 1214 - 1387 sq.ft. • 9 Foot ceilings/Fireplace • No Rental Restrictions • Close to All Amenities • Fine finishings throughout

CURRENT MORTGAGE RATES OUR

TERM

Variable 2yr fixed 3yr fixed 4yr fixed 5yr fixed 10yr fixed

RATES*

BANK RATES

2.45% 2.69% 2.99% 3.39% 3.19% 4.49%

3.00% 3.04% 3.75% 4.59% 5.24% 6.75% *OAC. Certain conditions apply.

Call me for prompt and professional service for all your mortgage needs. FAYE DROPE, MORTGAGE BROKER

Sand Dollar

Mortgage Corp.

call: 250-753-2003

faye@sanddollarmortgages.ca

THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 5

$499,900

$549,900

$174,900

IN LD ! SO AYS 2D

CREATING YOUR VISION OF HOME!

Roger Beck

$459,900 IN LD ! SO AYS 3D

5157 Dunn Place

3594 Allsop Rd.

6 bedrooms, 2 bedrooms suite, 3340 sq.ft.

.84 acre; 30x35 shop; New septic system

2 bed, 2 bath; in suite laundry

4 bedrooms, 3 bathrooms, ocean view

ROGER BECK. CALL NOW!

$349,900

$449,900

$394,900

$139,900

L SO

401-24 Prideaux St. 161 Heritage Drive

L SO

REALTOR®

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

roger@rogerbeckhomes.com

OF NANAIMO

Custom Cedar Rancher

Great Home & Location

2104 Mountain Vista Dr.

1400 sq.ft.; RV parking; Additional accommodations

5 bedrooms; 3 bathrooms; North Nanaimo

4 bedrooms; 3 bathrooms; Wood Floors

3 bed; updated kitchen; 1132 sq.ft.

ROGER BECK. CALL NOW!

46-855 Howard Ave.

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

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

6 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014

NANAIMO – Only $199,900 Insurance Brokers Ltd. EST 1898

101 - 3150 Island Highway, Nanaimo Phone: 250-758-2484 Fax: 250-758-2452 Charming 2 bedroom home on quiet street near Hospital. Hardwood floors, single car garage and a lovely, fenced back yard. Immediate possession possible.

LOWER LANTZVILLE – $369,900

www.lenhartinsurance.ca

Providing insurance for:

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

Large corner lot complete with older Duplex, only 250’ from the walk on beach in Lower Lantzville. Lot size 212’ x 152’ or 0.71 acres. TLC required here. New roof though!

HANS HENRIKSON Cell: 250-741-4545 www.hanshenrikson.com

OF NANAIMO

Sutton Group from 1993 ~ 2013 NANAIMO’S #1 REALTOR for (based on combined MLS sales)

www.waynemyhal.com Personal Real Estate Corporation Save Thousands On Listing Commissions!!! Negotiable Commissions!!! Call Today For A Complete FREE Listing Evaluation And Commission Proposal!!!

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

Bus:(250) 756-2112 • Res:(250) 756-7730 • Fax:(250) 756-9144 • Cell:(250)616-1792 • Email: wmyhal@shaw.ca MOBILE HOME SEABREEZE PARK

CHEMAINUS EXECUTIVE HOME LARGE DETACHED SHOP

ONLY $454,900

✓ Newer executive home on .58 acre lot ✓ 4 bedrooms, 3 bathrooms ✓ Great room concept, open layout ✓ Detached shop 26x30 ✓ Shows immaculately, great price

ONLY $35,900

2 BEDROOM CONDO CENTRAL LOCATION

SHARP PRICE!!! $170,000

GREAT PRICE ONLY $329,000

2 Bedroom Townhome University Area

ONLY $139,900!!

✓ Beautiful 2 bedroom townhome ✓ Walking distance to university ✓ Open layout, large laundry room. Extra storage ✓ Covered parking, recent upgrades ✓ Shows immaculately, sharply priced

SUPER PRICE ONLY $599,900

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

SHARP PRICE AT ONLY $379,900

✓ Over 2500 sq.ft of luxurious living on two levels ✓ 4 bdrms, 3 bthrms, feature fireplace ✓ Gorgeous wood kitchen with separate pantry and centre island ✓ Overheight ceilings, heat pump, soakertub, attached garage ✓ Too many extras to list, shows immaculately

ONLY $479,000

ONLY $184,900

✓ Brand new executive home, 10 year warranty, top quality finishing ✓Over 2600 sq.ft. of luxurious living ✓5 bdrms plus a den, great room concept. ✓Sensational views, large private yard

North Nanaimo Duplex ONLY $374,900

SHARP PRICE!!! CALL NOW

Oceanview 2 bdrm condo Super downtown location ✓2 bedrooms, 2 bathrooms ✓Large balcony with oceanviews of Nanaimo harbour ✓Walking distance to Seawalk & downtown activities ✓Totally updated, stainless steel appliances ✓Secure building, underground parking & much more

✓ Beautiful level entry home approx. 2800 sq. ft. ✓ Huge industrial style 3 bay shop ✓ 1.20 acre lot is flat is nicely landscaped ✓ Home has attractive post and beam style interior ✓ Too many extras to list, sharply priced

N. Nanaimo executive home spectacular oceanview 2 bdrm suite

Level-Entry Townhome with Full Walk-out Basement

Executive Ski Chalet Mount Washington

✓ Built in 2010, over 3000 sq. ft on 2 levels ✓ 5 bedrooms 2 bathrooms ✓ 2 self contained units, great for renting out ✓ Executive quality finishing, open layout ✓ All appliances, furniture, dishware included

ONLY $499,900

Executive Rancher North Nanaimo

✓ Bright open layout, private

balcony ✓ Close to shopping & hospital ✓ Large kitchen, gas fireplace ✓ Secured entry, underground parking ✓ Shows immaculately.

✓ 2 bedrooms one bathroom ✓ large den and spacious living room ✓ Good sized kitchen with eating bar ✓ Private patio, large landscaped yard, super buy!!!

CEDAR ACREAGE LARGE 3 BAY SHOP

✓ Excellent investment property off Hammond Bay Rd. ✓ Full side by side duplex 2 storey style; 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.

Executive Home Near Hospital Legal Suite Great for Business

ONLY $449,000

✓ 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

THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 7

Scott Forrest

www.MarilynnKennedy.com

250-616-3379

Nanaimo Realty

My Direct Line 4U

#275 - 200 Island Highway, Nanaimo

Ca ll me a bo ut Is la n d Vacation Prop erties

NANAIMO REALTY

marilynnkennedy@msn.com

Ever thought about selling? 2 - 1024 Beverly Drive

$124,900

RETIREMENT or adult patio home: affordable easy living. Rancher style with no stairs or steps. Parking, private patio and grassy yard. The new textured laminate flooring throughout the main living space. Public transportation, close to shopping, recreation, the hospital, doctor's offices and coffee shop. Brand new roof

I am looking for listing inventory in your market to meet the needs of eager buyers. If you've considered selling your home, please contact me today. I may have just the buyers lined up for you! TEXT or CALL me today and I’ll get to work for you -

Marilynn Kennedy direct 250-740-0884

Marilyhnn Kennedy

PRICED TO PLEASE YOUR POCKETBOOK AT $265,500 Cell Direct: 250-740-0884 Realtor

TF direct: 1-800-738-8808 marilynnkennedy@msn.com www.MarilynnKennedy.com

104 - 4730 Skyline Way $359,900 This Luxury Townhome is located in the peaceful Horizons at Hammond Bay development and boasts ocean & mountain views across the Georgia Strait. This Spectacular open concept home with 9 ft ceilings has 3 bedrooms & 3 full bathrooms. Custom quality finishing throughout including crown moulding, hardwood & ceramic tile floors, sculptured carpet, exquisite lighting/plumbing fixtures & plantation blinds. The Dream Kitchen features ample rich cabinets, silestone countertops, 2 car garage, extra storage. Extras include heat pump, central vac, energy efficient windows and more. Close to amenities and the beach. 1 pet allowed.

Working & Winning Together! Taking extra time for First Time Buyers

“RANCHER across from the Nanaimo River.” Watch the Eagles soar above, this peaceful retreat is a stone’s throw away from your favourite fishing and swimming hole. Updated, move-in ready 3 bdrm rancher with many upgrades to please your tastes. Call today for a viewing.

Marilynn Kennedy direct 250-740-0884

Follow in the Footsteps of Giants. Join our dynamic Downtown team in Nanaimo’s Legendary Great National Land Building. This landmark is celebrating its 100th Anniversary this year and Coast Realty Group Downtown is honoured to be a part of its proud history... and so can you! Call Dave Curry today for a personal tour & a discussion about your future in Real Estate.

8 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014

THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 9

10 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014

Sandy Clark

250.668.9878

Delivering Quality Service & Results

www.sandyclarkrealestate.com

PRIVACY ABOVE BOWEN PARK!

SNOWBIRD’S DELIGHT IN THE COUNTRY!

TRANQUIL WATERFRONT overlooking Millstone River & park. Listen to the river & wildlife. 2 bdrm. 2 bath, den, in-suite laundry, wall to wall windows. Well maintained. Short walk to downtown, VIU, schools, recreation & hospital. Kids, cats & some rentals permitted but wait list for rentals. Immediate possession. MUST SELL. 13-111 Wall Street.

BEAUTIFULLY updated 2 bdrm, serene country home with low taxes. Open plan living. New kitchen, RV parking, covered OVERHEIGHT carport. Workshop, shed, garden & covered patio. Onsite clubhouse & golf course for residents. 10 minutes to downtown Nanaimo or Ladysmith or 2 minutes to the airport. FURNISHINGS INCLUDED. 43-1572 Seabird Rd.

LONG LAKE FREEHOLD 1/2 DUPLEX

NEW HIGH QUALITY HOME!

SIMILAR HOME

WATERFRONT COTTAGE!

$419,000

Protection Island treasure located 10 minutes by ferry or boat from downtown Nanaimo. 2 bdrms, 2 bth home & outbuilding with amazing potential on 12,280sqft lowbank walk-on waterfront beach with FULL city services. East facing with views of Gabriola & Coastal Mtns. 188 Captain Morgans Blvd.

Support NDSS

Dry Grad If you’re buying or selling a property that closes before June 1, 2014, please contact me direct at 250-668-9878 to find out how you can support Dry Grad 2014!

Meticulously maintained 1/2 duplex bordering on Long Lake less than 1 block from beach. This lovely home offers main level living, 3 bdrm up, gas fireplace, excellent storage, large fenced yard with lake access, RV parking, views of MT Benson, 6 ft cemented crawl space with internal access (great media room or playroom) and gas fireplace. This unit is freehold so NO STRATA fees! 4201A Corunna Ave.

2200sqft home currently under construction with south facing back yard, views of Mt. Benson, double garage, 9ft ceilings on main, open plan kitchen/dining/living, separate office, 4 bedrooms, 3 baths, large RV parking. Anticipated completion Spring 2014. 118 Yon Pl.

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THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 11

Understanding Real Estate Terminology If you’re thinking of buying a home for the very first time, the process may seem a little confusing -- even intimidating. You’ll find yourself immersed in what may seem like a whole new language as you hear terms like “encroachments,” “blended mortgage payments,” “buy-downs” and “debt service ratios.” To help you better understand the language of real estate, the Vancouver Island Real Estate Board has compiled a glossary of some of the most common real estate terms which you’re likely to encounter. When reading it over, keep in mind that the list is by no means exhaustive. Still, it’s a general list which will give you a basic understanding. Adjustment Date: The day from which all calculations of interest, tax adjustments, utility bill adjustments (if applicable) are made to the credit of either the buyer or the sellers. This is usually (not always) the same as the possession date. Amortization: The number of years it takes to repay the entire amount of the mortgage. Appraised Value: An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. Assessed Value: The value of a property, set by the BC Assessment Authority, for the purposes of calculating property tax. Buy-down: When the seller reduces the interest rate on a mortgage by paying the difference between the reduced rate and market rate directly to the lender or to the buyer. Closing: The real estate transaction’s completion, when the parties involved agree that all legal and financial obligations have been met and the deed to the property is transferred from the seller to the buyer. Condominium Common Property: The portions of a condominium development owned in common (shared) by the unit owners e.g.: pool, exercise room, lobby, etc. A strata fee is charged to every unit owner for the use of the common property. Condominium Ownership: Shared ownership in a strata-titled property. Owners have title (ownership) to individual units and a proportionate share in the common property. Conventional Mortgage: A first mortgage issued for up to 75 per cent of the property’s appraised value or purchase price -- whichever is lower. Conveyance: The term used to describe the process of transferring the seller’s title to the buyer and indicates all the necessary steps to complete the transfer. A conveyancer is a lawyer or Notary Public responsible for the conveyance process. Counter-offer: An offer made by the seller back to the buyer altering one or several terms and/or conditions of the offer as originally written. Gross Debt Service (GDS) Ratio: This is the amount that a lender will permit a borrower to use from his/her gross income in order to qualify for a loan for housing costs, including mortgage payment and taxes (and condominium fees, when applicable). Total Debt Service (TDS) Ratio is the maximum percentage of a borrower’s income that a lender will consider for all debt repayment (other loans and credit cards, etc.), including a mortgage.

Lien: Any legal claim against a property, filed to ensure payment of a debt. Mortgage: A contract between a borrower and a lender. The borrower pledges a property as security to guarantee repayment of the mortgage debt. Mortgage Insurance: Government-backed or private-backed insurance protecting the lender against the borrower’s default on high-ratio (and other types of) mortgages. Mortgage Life Insurance: Insurance that pays off the mortgage debt, should the insured borrower die. Mortgage Penalty: Is a fee paid by the borrower to the lender in exchange for being permitted to break a contract (a mortgage agreement); usually three months’ interest, but it can be higher or it can be the equivalent of the loss of interest to the lender. Multiple Listing Service® (MLS®): A current and comprehensive listing system for relaying property information to VIREB’s REALTORS. This service offers the widest exposure to properties listed for sale and includes total exposure on the Internet (mls.ca). Principal: The mortgage amount initially borrowed or the portion still owing on the mortgage. Interest is calculated on the principal amount. Property Condition Disclosure Statement: This form enables sellers to disclose known defects. If the seller decides not to complete the form and does not disclose known defects, he or she is still held liable. The form also serves as a checklist for buyers enabling them to address concerns about the property’s condition on the spot. The form was developed by the British Columbia Real Estate Association. Property Taxes: This levy is affected by location and is determined by local property tax assessment practice. Tax assessments are conducted by local governments. They are paid on an annual basis. Property Transfer Tax: Payment to the provincial government for transferring property from the seller to the buyer. However, first-time buyers are exempt under certain circumstances. REALTORS: Real estate professionals who are members of the Vancouver Island Real Estate Board and the British Columbia and Canadian Real Estate Associations. Only these professionals can call themselves REALTORS. Rights of Way: Are indicated on title at the Land Title Office; often for use of utilities or city or municipality on order to make repairs to pipes, etc.; no permanent structure may be built on a right of way. Statements of Adjustments: Closing statements in a real estate transaction which set out the sources of funds which make up the purchase price, adjustments to and from the purchase price, the final amount required from the buyer and the amount due to the seller. Lawyers will prepare a statement for the seller and the buyer. State of Title Certificate: A copy of the title which lists charges against the property e.g.: liens, mortgages, rights of way, etc. “Subject-To” Clause: A statement of a condition to be fulfilled before the contract will become firm and binding; must include a specific deadline for removal.

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

Title: The legal evidence of ownership in a property.

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

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

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

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

Equity: The difference between the price for which a property can be sold and the mortgage(s) on the property. Equity is the owner’s stake in the property. Foreclosure: A legal process by which the lender takes possession and ownership of a property when the borrower doesn’t meet the mortgage obligations. High-Ratio Mortgage: Is a mortgage that exceeds 75% of the loan-to-value ratio; must be insured by either the Canada Mortgage and Housing Corporation (CMHC) or a private insurer to protect the lender against default by the borrower who has less equity invested in the property.

Variable Rate Mortgage: A mortgage for which payments are fixed, but whose interest rate changes in relationship to fluctuating market interest rates. If mortgage rates go up, a larger portion of the payment goes to interest. If rates go down, a larger portion of the payment is applied to the principal. Seller Take-Back Mortgage: When sellers use their equity in a property to provide some or all of the mortgage financing in order to sell the property. This article was presented by the Vancouver Island Real Estate Board for the information and benefit of consumers.

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

12 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014

Immaculate in Lantzville A REALTOR® THAT MEASURES UP

www.heasliphomes.com

ONLY $44,900 14 - 6820 Parklands Place

Beautifully maintained, immaculate mobile home in a well maintained 55+ park in Upper Lantzville. Two year old roof, furnace & oil tank. It boasts new flooring, trim and fresh paint throughout. Electrical outlets & light fixtures have been recently upgraded. The bright, open kitchen offers 1 year new appliances & countertops, opens into a lovely dining area. Attached 13’6 x 8’ workshop. Outside is a double parking area, a fenced in spacious yard, additional storage shed. Pets allowed upon park approval.

Honey, stop the car!

BUYING OR SELLING? ✔ ✔ ✔ ✔ ✔ ✔

Multi-Family & Commercial Residential Pre-Purchase & Pre-Sale Renovation Deficiency Clients may attend Inspection Easy-to-Understand Electronic Reports Nationally Certified Inspector

CALL DAN ALLARIE TODAY!

250.616.2942

dan.allarie@abuyerschoice.com

RHONDA HEASLIP

Each Office Independently Owned & Operated

1-5140 Metral Drive Nanaimo, BC V9T 2K8

250-816-7741

FREE HOME EVALUATION

• Accurate • No Cost • No Obligation

ONLY $49,900 103 - 5854 Turner Road

A spacious, bright, well kept double wide with a fully fenced yard & loads of extra parking, located in a desirable north Nanaimo mobile home park. Covered carport, open parking beside it. Oversized, open, airy living room flanked by a comfortable dining area; great for those who are downsizing. Close to amenities. 55+ park. This is a must see.

My listings

SELL!

BC Licence #61355

Do you or someone you know need help selling your home?

“Assist, Comfort and Protect.”

Call me to find out how I can help.

250-816-7741

www.nanaimo.abuyerschoice.com

2 SE T! A PH D OU L SO

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.

Ken Williams

Rock City Rd

REALTOR®

Call

Ken Williams

250.751.1223

Rd Rock CityRo ck City Rd

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THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 13

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14 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014

Nanoose Bay West Coast Craftsman 1417 STONE LAKE DRIVE - $599,900

• Gorgeous 4 yr. old West Coast Craftsman Style Home, on ½ acre, in Madrona Heights, Nanoose Bay • Heat pump, triple garage, fully fenced back garden with pasture & distant treed hillside views • Great room concept w/hardwood flooring, stone surround fireplace, large picture windows • Granite countertops, stainless steel appliances, eating island, high end finishes & fab floor-plan

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Visit our website at www.sandifordhomes.com for further details, additional pictures, and virtual tours of these and other properties

Thornbridge 5670 Edgewater Lane Tues, Wed, Thurs, Sat & Sun 12:30-4:30 pm Starting at $214,900

DEPARTURE BAY

Rockwood Heights 3430 Barrington Road Friday to Sunday 1:00 - 4:00pm PARKSVILLE

Creekside at Corfield 32-500 Corfield St. Sat. & Sun. 1:00 - 4:00pm Starting at $335,000 +TAX

QUALICUM BEACH 439 & 437 College Rd. Fri. 3-6pm, Sat & Sun 1-4pm $449,000 +TAX

THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014 – 15 DEBBIE BEATTIE

DAVE THOMPSON

Unlicensed Assistant

Personal Real Estate Corporation

Top 100 Teams with RE/MAX in Western Canada in 2009 & 2010

BRIAN GODFREY

Personal Real Estate Corporation

CALL FOR A FREE MARKET EVALUATION OF YOUR HOME 250.751.1223 FEATURED LISTING

SOLD

#311-2560 Departure Bay Rd. $259,900 2645 Lana Rd. • 1237 sq.ft., 2 bdrms + den, 2 bthrms • Extensive renovations-ocean views • Complex has pool, sauna, hot tub • Near beach, shopping & golf course

6277 Shoreline Dr.

599,900

• 4038 sq.ft., 5 bdrms + den, 5 bthrms • Waterfront style home on .7 acres • Panoramic Ocean Views • Private-City parks on each side

THYME PLACE OPEN HOUSE SAT & SUN 2-4pm • 2 bdrms + den, 2 baths • From 1214 1387 sq.ft. • 9 Foot ceilings/ Fireplace • No Rental Restrictions • Close to All Amenities • Desirable & Affordable!

5886 McKnight Pl.

$224,900 (+Tax)

484,900+GST 102-6200 Lexington Pl. $389,900

5819 Broadway Rd.

364,900 (+tax)

• 1445 sq ft, 2 bdrms-2 bthrms • Rancher under construction • 10ft ceilings, great open floor design • Post & beam front entry

229 Milton St.

$399,900

• Character home converted to office • 3 offices set up, wheelchair accessible • Parking in the back and front • Wood floors, stained glass windows

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

5315 Deep Bay Rd. • • • •

1,690,000 510 Machleary St.

2,995,000

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

99,900

• 18,836 sq. ft. lot • Zoned, R-15 (Medium Density)

$189,900

• 1231 sq ft, 2 bdrms-1 bthrm • Gas furnace, thermal windows • Detached garage/workshop • Across from Knowles Kid Park

2743 Tamara Dr.

$489,900 4838 Shorecliff Pt.

• 2966 sq.ft., 5 bdrms, 3 bthrms • 2 bdrm legal suite down • Pond & sprinkler system • Wrap deck, S. exposure, RV parking

592 Eighth St. • • • •

$309,900 6347 Pinewood Lane $319,900

• 1833 sq ft, 4 bdrms-2 bthrms • Well maintained home • Energy efficient with Eco report • Lrg level lot - Diver Lake area

$ 297,900 1,249,900 5470 Arnhem Terr • 1339 sq ft, 2 bdrms-2 bthrms • Rancher with open floor design • .43 acre lot - several fruit trees • Beautifully renovated

• Exquisite Oceanfront home, 5 bdrms • 3648 sq ft., Nanaimo’s only gated single family community • Luxurious hardwood/granite/tile • Panoramic ocean & mountain views

• 1648 sq ft, 2 bdrms 3 baths • 2 level townhome, northend, • Huge ceiling vaults • Family room overlooks living room below. Master bdrm on main level

546 Halliday Pl.

379,900 (+ Tax) 5739 Bradbury Rd.

3622 Reynolds Rd

539,900 1563 Discovery Ave.

• 3080 sq ft, 5 bdrms-3 bthrms • Includes 2 bdrm legal suite • Deluxe custom finishing • Huge deck - lovely ocean views

$329,900 5481 Westdale Rd

• 2106 sq ft, 4 bdrms-2 bthrms • Newer roof, siding & windows • Updated kitchen & RV parking • Landscaped yard mostly level

409,900

• 2804 sq ft, 5 bdrms-3 bthrms • Ocean & Mainland Mtn Views • Newly renovated interior, RV parking • Spacious deck, back patio & sunroom

469,900 5755 Malibu Terrace $419,900 1841 Peyton Pl.

• 2402 sq ft, 3 bdrms, 3 bthrms • Semi-waterfront, 20,520 sq ft lot • Vaulted ceilings, huge windows, wrap deck • New roof, bsmt with workshop

• • • •

2864 sq. ft., 4 bdrms, 3 bthrms Gorgeous ocean view & sunsets Oversize garage & RV parking Manicured/Terraced fenced yard

564,900

• 3671 sq. ft., 5 bdrms-4 bathrms • Stunning Ocean, Isl. & Mtn. Views • Floor to ceiling windows to view • 2 bdrm suite-lower level

SOLD

2556 sq.ft., 5 bdrms, 3 baths Level entry w/o bsmt 2 bdrm legal suite down Under construction

• • • •

259,900

1663 sq. ft., 2 bdrms-2 bathrms Updated home - some ocean view Fully fenced, landscaped level lot Newer laminate floors, paint & trim

217-4971 Songbird Pl

• • • •

SOLD $164,900 6017 Schooner Way

410-770 Poplar St • • • •

812 sq. ft., 1 bdrm-2 bathrms Top floor corner unit & Brechin Views Nice view of Mt Benson Gas fireplace, In unit laundry

• • • •

2556 sq. ft., 5 bdrms, 3bthrms total Level entry w/o bsmt. 2 bdrm legal suite down. Under construction

449,900

2324 sq.ft., 3 bdrms, 3 baths North end home - gorgeous updates Some ocean/mtn views Gorgeous fully fenced yard

SOLD

SIMILAR HOME

$ $239,900 888 Howard Ave. 389,900 (+tax)

1186 sq.ft., 3 bdrms, 1 bthrm Large fully fenced level lot Southern Exposure Rancher with post & beam interior

154,900

• 839 sq ft, 1 bdrm-1 bthrm • Next to Nanaimo N Town Center • S Exposure, In unit laundry • Open floor plan, 1 pet allowed

5386 Lost Lake Rd. • • • •

429,900

2332 sq ft, 4 bdrms - 3 bthrms .43 acres landscaped lot Great ocean and mtn views Very well maintained

SOLD Nanaimo Travellers Lodge $3,985,000 • • • •

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

79,900 3500 Osprey Lookout $349,900 • 2108 sq. ft., 4 bdrms-3 bthrms • 668 sq.ft., 1 bdrm, 1 bthrm • Top floor, middle unit facing west • Silestone countertops,Travertine backsplash • Balcony looks out at trees • Updated home, gas f/p in living room • Near VIU, bus route, aquatic & ice • Large family & rec room down centers #1303-1097 Bowen Rd.

Lot A 8445 Lisa Lane - $235,900 3745 Hammond Bay Rd. - $249,000 • 2.7 Acre Panoramic Ocean View Lot • 8105 sq. ft. building lot • Registered Septic Field & 8” Well • Panoramic Ocean, Isld & Mtn = 8 Gal. Per Min. Views, Near Pipers Lagoon • Business, Buildings + 7.4 acres land - $1,599,000 • Business, Buildings & 2.5 Acres Land - $1,199,000 • 4.9 Acres of land on Chichester Rd W. - $399,900

$279,900 2626 Starlight Trail

• 2020 sq.ft., 4 bdrms, 2 bthrms • Nicely renovated on main level • Bright living room w/skylight • Landscaped, fully fenced

SOLD

LOTS AND ACREAGES

Surf Lodge, Gabriola Island

4118 Orchard Circle

324,900

• 1390 sq ft, 3 bdrms-2 bthrms • Updated rancher at Galena Place, • Double garage-Gas fireplace • Vaulted ceilings, hardwood floors

SOLD

SOLD 7045 Dickinson Rd.

• • • •

5191 Dunster Rd

SOLD 710 Victoria Rd

• Building and Land $1,619,000 • Business, Building and Land $1,869,000 • Business only $495,000 • 6.21 Acres fronting Fairdowne Rd. • Operating landscape supply business

214,900

• 902 sq ft, 2 bdrms-bthrms • Scenic Ocean Views • Spacious deck facing the view • On quiet side of bldg.

SIMILAR HOME

COMMERCIAL & DEVELOPMENT PROPERTIES

2649 Munroe Rd.

• 1930 sq.ft., 3 bdrms, 3 bthrms • 2 level Luxfords townhome • Master bdrm on main level • Luxurious finishings throughout

Only Duplex Now Selling

925 Fairdowne Rd. Parksville

411-770 Poplar St.

SOLD

RESERVED FOR YOUR HOME

$269,900

• 2412 sq ft, 5 bdrms-2 bthrms • Large lot-Ocean view • Heated enclosed deck • Near Sea wall, Marina & shopping

SOLD • 3080 sq ft, 5 bdrms - 4 bthrms • Has 880 sq ft 2 bdrm legal suite • .19 acre lot with ocean views • Desirable open floor design

Starting at

(Off McGirr Road)

329,000 453 Poplar St.

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

3801 Rock City Rd

384,900

• 18,836 sq. ft. lot • Zoned to support multi-family • 1592 sq.ft. home on property • CALL FOR DETAILS

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

937, 941, 945 Haliburton $49,900 each • Total 29,900 sq. ft., Now Zoned R6 • Ocean View Properties. **All 3 must be sold together

SOLD

Lot A - Ingram Rd - $149,900 • 1.5 Acre subdivided lot • Views of Greenway Lake • Near Boat Harbour Marina

5441 Hammond Bay Rd. $499,900 • • • •

2700 sq. ft., 4 bdrms - 3 bthrms 1.3 Acre Lot with great Ocean views. Excellent Investment Opportunity! Detached workshop, 2 road frontages

3210 Jingle Pot Rd. • • • • •

869,000

2510 sq.ft., 3 bdrms, 2 bthrms On 20 acres in Benson Meadows Custom Log Home by Norse Homes Living room-25ft vaulted ceilings Ideal horse property, vineyard etc.

3324 Greyhawk Dr - $167,900 • 10,404 sq. ft. building lot • Stephenson Pt. area, Poss. Ocean View

Lot 1 Boat Harbour Rd $264,900 • Building lot on 4.99 acres • Hydro to lot-drilled well • Registered septic area

1298 College Dr - $175,000 • 8228 sq. ft. building lot • Corner lot - distant ocean views

1290 College Dr - $175,000 • 7573 sq ft building lot • Ideal for basement entry plan

596 Eighth St. - $159,900 • 7536 sq. ft. building lot • Near VIU, shopping & recreation

317 Dorchester Pl - $199,900 • 7616 sq ft building lot • Ideal for level entry walk out plan

View Full Details & Photos At

2273 Kingsford Pl.

$414,900

• 2606 sq.ft., 3 bdrms, 3 bthrms • Beautiful custom-built home • Deluxe contemporary finishings • Tiered, landscaped, fenced back yard

5109 Laguna Way - $219,000 • .32 acre building lot, N. Nanaimo • Panoramic Ocean, Isld & Mtn views • Lot measures 110’ wide x 127’ deep

3729 Belaire Dr. (7557 sq.ft.) $249,900 3725 Belaire Dr. (7981 sq.ft.) $249,900 • Can be sold together as one larger lot • Panoramic Ocean & Mtn Views • Near Linley Valley walking trails

Not intended to solicit properties already listed.

WWW.THOMPSONGODFREY.COM

16 – THE NANAIMO REAL ESTATE REVIEW, FEBRUARY 27, 2014