July 31, 2014

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

ADVERTISING INFORMATION: CALL LESLEY LIVINGSTONE-GRAY AT 250-734-4614ONLINE: WWW.NANAIMOBULLETIN.COM THURSDAY JULY 31, 2014

REAL ESTATENA

NA

IMO

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

FEATUREPROPERTY

*Rates are subject to change

HOTTESTMOrTgagEraTES in BC!

2.85%OAC

5 Year Fixed

250.729.5519

Amazing Landscaping & Privacy1835 Montana Road. $374,500Cinnabar Valley is a popular suburb located just minutes from all of the amenities of downtown Nanaimo. This 4 bedroom home is designed for family living. The layout of the main level features a central kitchen with maple shaker style cabinets & a nook with patio doors leading to the luscious outside gardens. The living room features a gas fireplace & large picture windows with an eclipse style window filtering in the natural light & exposing the panoramic valley & mountain views. The master bedroom has a walk in closet & an ensuite. The are 2 additional bedrooms located on this floor & share a separate bathroom. The lower level features a large family room, 4th bedroom, laundry facilities, storage & a 3rd bathroom. The heated garage is accessed from the lower level & has plenty of shelving and storage & boasts a 200 amp service. The outside space is an unforgettable creation of flower beds, a green house, water fountain and a quaint garden style work shop - decorated with flowering window boxes. The fully fenced backyard also has a pergola & a covered patio. Maintaining this magical garden is made easy with a state of the art irrigation & drainage system. It is a showpiece! Contact Chris Martin at RE/MAX of Nanaimo 250.616.1996. Please visit www.chris-martin.ca for additional photos, video and floor plan.

2 – THE NANAIMO REAL ESTATE REVIEW, JULY 31, 2014

2-4180 Island Highway NorthOn Long Lake in Nanaimo

250.585.2950

NOW OPEN 7 DAYS A WEEKAutoHomeMarine

CommercialTravel

THE NANAIMO REAL ESTATE REVIEW, JULY 31, 2014 – 3

PETER & KATHY KOCH NEIL [email protected] ALEXANDRA SMITH

• A new roof, new electric furnace, new windows, new siding & new kitchen.

• A large covered deck opens to a spacious area with kitchen, dining and living room.

• There are two bedrooms separated by the four piece bathroom and laundry area which exits to a back door deck and paved area for future patio development.

• This is a 55 and older adult park which permits two pets with management approval.

RURAL SETTING & ONLY MINUTES FROM WOODGROVE MALL

AFFORDAbLE YEAR ROUND LIVINGLots For Sale starting at $49,900 on

Exquisite Westwood Lake.

2323 Arbot Road, Nanaimo, BC

Hiking • Biking • Heated Pool • Hot Tub Tennis • Club House • Pool Table

Poker Room • Exercise Room

Over 2300 sqft, 2 bedroom + den design. Perfect three unit strata, no stringent strata by-laws to have

to deal with. Asking $439,900

173 Nottingham DriveViews, views and more views. 2 bedroom, 1 bath

on main floor, 1 bedroom, 1 bath downstairs. Fabulous condition throughout and big sundeck to

enjoy the views!New Price/Open to Offers - $429,900

NANAIMO’S “bEST VIEW” TOWNhOUSE

ShERWOOD FOREST hOME WITh DYNAMITE VIEW

AL SAVAGE KEN WALKLING

KATERINA GAMLIN NEIL McNIVEN

ELEANOR BLACKWELL PAULA BAKER

JOHN LEE RICHARD NEMETH

KATHY KOCH STANLY CHONG

CAROL DENT LINDA McKERNAN

NATASHA KOCH PAT ENDRIZZI

GEOFF HOLLAND RALPH KIRBY

KAREN LEARMONTH SANDY SMITH

PETER KOCH DEBORAH JONES JASON MINTER TERRI BEAUDOIN

“Real estate transactions can be some of the biggest decisions you have to make. Our dedicated, experienced professionals are here to help.”

MID-ISLAND

REAL ESTATE AND PROPERTY MANAGEMENT

Serving Nanaimo and Mid-Island Since 1995

www.realtyexecutivesnanaimo.com503 COMOX RD, NANAIMO

250-753-9688or visit our kiosk in:

NANAIMO NORTh TOWN CENTRE

REMODELED 2 bEDROOM MODULAR NEAR SPORTS FIELD $79,900

#12- 525

Jim Cram Dr Ladysmith

BRING YOUR OFFER

#13-6820

Parkland Pl.Lantzville • $42,500 asking for

• 2 bedroom mobile • Open plan• In-home theatre• Attached workshop/garden shed• Adult oriented • Pet allowed with park approval• Near golf course • Near beach • Lower pad fee

591 Cumberland Place


Ÿ Remodeled Waterfront

Ÿ 3 Bdrms, 2 Baths, 1944 sqft

Ÿ Lot: .18 AC

Ÿ Detached 28x33 Garage

Ÿ Southern Exposure, Mt. Views

Ÿ Lot 6796 sq ft

Ÿ 3 Bdrms, 2 Baths, + Den

Ÿ Immaculate Home 2431 sq ft

761 Quail Place $529,900

Ÿ Waterfront West Coast Home

Ÿ Stunning Views, Renovated

Ÿ 3600 sq ft, 3 Bdrms, 4 Baths

Ÿ Lot 9404 sq ft

4898 Fillinger Crescent $1,199,900

Ÿ Ocean & Mountain Views

Ÿ Unauthorized 1 Bdrm Suite


Ÿ Lot: 9720 sq ft

5186 Dunn Place $419,999

Ÿ 180 Degree Ocean Views

Ÿ .46 AC waterfront

Ÿ 3 Bdrms, 2 Bths

Ÿ Rancher 2400 sq ft

4876 Fillinger Crescent $749,900

Ÿ Rocklands at Rutherford

Ÿ High end Patio Home

Ÿ 3 Bdrms, 3 Baths

Ÿ Home: 2526 sq ft

5791 Garnet Pl. $449,900

Ÿ Ocean Views, Custom Built

Ÿ Lot: 8949 sq ft

Ÿ Home: 2562 sq ft

Ÿ 3 Bdrms, 3 Baths

5373 Laguna Way $539,900

Ÿ Nanaimo Waterfront Lot

Ÿ Rare Opportunity

Ÿ .49 AC

Ÿ Price + Taxes

6466 Ptarimgan Way $399,900

Ÿ Nanaimo Waterfront Lot

Ÿ Rare Opportunity

Ÿ .49 AC

Ÿ Price + Taxes

6470 Ptarimgan Way $399,900

Ÿ Custom Crafted with Legal Suite

Ÿ 5 Bdrms, 5 Baths

Ÿ Home: 3900 sq ft

Ÿ .35 AC Southern Exposure

300 Cottle Place $869,900

Ÿ Level Entry on Corner Lot

Ÿ 5 Bdrms,3 Bths (2 Bd Legal Suite)

Ÿ Home: 3068 sq ft

Ÿ Lot: 7405 sq ft

2311 Dodds Road $439,900

Ÿ 4 Unit Development

Ÿ 3 Bdrms, 2 Baths, 1042 sq ft

Ÿ Detached Garage

Ÿ Strata Fees $300/m

101 - 211 Victoria Road $162,900

Ÿ Rancher backing onto Parkland

Ÿ Quiet Cul De Sac

Ÿ 2 Bdrms, 2 Baths + Den

Ÿ Home: 1604 sq ft

6459 Taluswood Place $438,900

Ÿ Remodeled Riverfront Home

Ÿ 2 Bdrm, 2 Bth, 1607 sq ft

Ÿ .61 AC, RV Parking

Ÿ 1 Bdrm Bsmt Bachelor Suite

2155 Maxey Road $299,999

Ÿ Wexford Creek .48 AC LOT

Ÿ Build your Dream Home

Ÿ Top of Quiet Cul De Sac

Ÿ Purchase Price + GST

2302 Kingsford Place $144,900

Ÿ Ocean View in North Nanaimo

Ÿ 5 Bdrms, 3 Baths

Ÿ 3063 sq ft

Ÿ 8945 sq ft Private Lot

6101 Greenwood Place $482,900

Ÿ 2 Storey Home, Country Setting

Ÿ .32 AC, Tranquil & Private

Ÿ 4 Bdrms, 3 Bths, 1834 sq ft

Ÿ RV Parking with Sani-Dump

2318 South Wellington Rd $369,900

Ÿ Uplands ½ Duplex

Ÿ Great Starter Home

Ÿ 3 Bdrms, 2 Bths, 1237 sq ft

Ÿ Single Enclosed Garage

4913 Fairbrook Cres. $239,900

Ÿ Multi Level Townhome

Ÿ Tastefully Decorated

Ÿ 3 Bdrms, 3 Baths

Ÿ Home: 1480 sq ft

3391 Mariposa Drive $239,900

Ÿ Arbutus Rock, Premier Area

Ÿ Custom Building Site

Ÿ .499 AC

Ÿ Ocean Views, No GST

5049 Banning Court $409,900

Ÿ Ocean & Lake Views

Ÿ Private Gated 7.75 AC

Ÿ 1400 sq ft Wkshop/Garage

Ÿ 3216 sq ft-3 Bdrms, 3 Baths

3195 West Road $999,900

Ÿ North Nanaimo Ocean View Condo

Ÿ Remodeled 1115 sq ft Home

Ÿ 2 Bdrms, 2 Bths, 2 Decks

Ÿ Rental & Pet Restrictions

Ÿ Custom Built Residence

Ÿ 5 Bdrms, 4 Baths

Ÿ Home: 3626 sq ft

Ÿ .42 AC, RV Parking

2242 Neil Drive $608,900

Ÿ Arbutus Rock, Premier Area

Ÿ Build your Dream Home

Ÿ .45 AC

Ÿ Ocean Views

5055 Banning Court $379,900

Ÿ Brand New Home, Level Lot


Ÿ Legal 2 Bdrm Suite

Ÿ Lot: 5962 sq ft

118 Cowling Place $379,900

SOLD

SOLDSOLDSOLD

SOLDSOLD

SOLDSOLD

SOLDSOLD

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SOLDSOLDSOLD

PERSONAL REAL ESTATE CORPORATION

Where buyers look...www.troygibson.com

250.751.1223

Selling More Homes

379 Chemainus Rd $779,000

Ÿ Divers Lake Rancher

Ÿ Lot .27 AC

Ÿ 2 Bdrms, 1 Bath

Ÿ Home: 981 sq ft

2637 Labieux Rd $249,900

Ÿ

Ÿ Unique Remodeled Floor Plan

Ÿ 7 Bdrms, 4 Baths, 4757 sqft

Ÿ Lot: 14,157 sq ft, RV Parking

Remarkable Ocean Views

5358 Laguna Way $489,900


Ÿ 3 Car Garage, Lot: 3.38 sq ft

Ÿ Detached 5 Car Garage

Ÿ 2290 sq ft roughed in Nanny Suite

Ÿ Court Order Sale

645 Wildgreen Way $1,890,000 # 28-1059 Tanglewood Pl. $463,000 Lot 3 Bay Ville Court $185,000

Floor Plans . Interior Pictures . HD Tours

A Top Nanaimo REALTOR

Ÿ Walk On Waterfront

Ÿ Private Beach, Large Deck


Ÿ Lot: 7593 sq ft

4962 Fillinger Crescent $849,900

Ÿ Central North Nanaimo Home

Ÿ Legal 2 Bdrm Suite


Ÿ Lot: 6687 sq ft

5341 Cascara Drive $468,500

Ÿ Tastefully Decorated

Ÿ 2 Bdrms, 2 Baths + Den

Ÿ Home: 1174 sq ft

Ÿ 2 Pets Allowed, Strata

202-1620 Townsite Rd. $224,900

Ÿ Rancher in Lakeside Estates

Ÿ Close to Brannen Lake


Ÿ Strata Fees $80/m

Ÿ North Nanaimo Family Home

Ÿ Great Sun Exposure


Ÿ Lot: 6707 sq ft

6171 Garside Road $359,900 6122 Brickyard Rd $339,900

Ÿ Breathtaking Mountain Views


Ÿ Edgewood Properites

Ÿ 35+, 1 small pet allowed

3233 Fieldstone Way $419,900

#208-6738 Dickinson Rd. $269,900

Ÿ 180 Degree Ocean Views

Ÿ Updated Level Entry


Ÿ Lot: 11,280 sq ft

200 Canterbury Cres $639,900

Ÿ Level Entry with Suite

Ÿ Lot: 6458 sq ft, Ocean Views

Ÿ 4 Bdrms, 3 Bath + Den

Ÿ Home: 3294 sq ft

6270 Waterbury Road $449,900

Ÿ Remarkable Ocean Views

Ÿ .5 AC, Lantzville


Ÿ Tiered Landscaping

2962 Hillview Road $499,900

Ÿ Custom Built Rancher

Ÿ Lakeside Estates

Ÿ 1667 sq ft, 3 Bdrm, 2 Bath

Ÿ Lot: 5167 sq ft, Strata $80/m

5897 Redwing Crescent $376,500

Ÿ Rare Treed Lantzville Property

Ÿ 2.6 AC Park Like Retreat

Ÿ 5 Bdrm, 4 Bth, Den 3422 sqft


7180 Aulds Road $799,900

Ÿ Divers Lake Rancher

Ÿ Lot .27 AC

Ÿ 2 Bdrms, 1 Bath

Ÿ Home: 981 sq ft

2637 Labieux Rd $229,900 4702 Laguna Way $619,900


Ÿ 3 Car Garage, Lot: 3.38 sq ft

Ÿ Detached 5 Car Garage

Ÿ 2290 sq ft roughed in Nanny Suite

Ÿ Court Order Sale

645 Wildgreen Way $1,650,000

Ÿ Rare Southern Exposure

Ÿ 1.34 AC Walk on Waterfront



Ÿ Updated Family Home

Ÿ 5 Bdrm, 3 Baths

Ÿ Home: 2461 sq ft

Ÿ Lot: 8428 sq ft

6001 Butcher Road $409,900

SOLD

SOLD

SOLD

Ÿ Custom Built 2 Storey

Ÿ Stephenson Pt, Open Plan

Ÿ 2515 sq ft, 3 Bdrm, 3 Bath

Ÿ Lot: 7557 sq ft

3235 Wavecrest Drive $499,900

SOLD

SOLD

SOLD

SOLD SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

3372 Stephenson Pt Rd. $1,190,000

SOLD


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

Cell (250) 616-1996 | Bus (250) 751-1223 | Fax (250) 751-1300Email [email protected] | www.chris-martin.ca

PERSONAL REAL ESTATE CORPORATION

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

$974,900

345 Newcastle Ave.

AFFORDABLE! AFFORDABLE! AFFORDABLE!

5 Beds, 2 Baths, 2,196 Sq Ft, Bright & Spacious, Full Height Basement with Kitchenette, Flat Yard, Fully

Fenced, Low Maintenance Landscaping, Garden Area, Detached Carport, Walk to Schools, Parks, Bus Service

and VIU, Act Now!

BUYER FRIENDLY HOME! NO THROUGH ROAD!

4 beds, 2 baths, 2656 sqft., .17 acre, split entry, easily suited, garage, new paint, large rear deck, fully fenced, heat pump, quick possession possible, walk

to schools, parks & bus service. Act now!

NEW CHASE RIVER HOME!TWO BEDROOM LEGAL SUITE!

5 Bedrooms, 3 Baths, 2,361 sq ft, 2/5/10 Year Warranty, Open Floor Plan, Hardwood Floors, Security System, B/I Vac, Double Garage, Verandah, Upgraded

Finish, Walk to Schools, Shops and Bus Service, Buyer Friendly, Act Now!

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!

CUSTOM BUILT ROCKY POINT HOME!SPECTACULAR OCEAN VIEW!

4 beds, 3 baths, 3020 sqft., hardwood � oors, 2 NG � replaces, excellent � oor plan, wrap around deck, private

backyard, front verandah, wonderful curb appeal and landscaping, fantastic neighbourhood, call now!

$299,900

UPLANDS FAMILY HOME! AFFORDABLE!3 Bed, 3 Bath, 2,073 Sq Ft, Split Level Design, New Paint, Bright & Clean, Hardwood & Laminate Floors,

2 Fireplaces, Heated Floors in Bathroom, Master Bedroom with an Ensuite & Walk-In Closet & a Private

Balcony, Low Maintenance Landscaping, Walk to schools, Parks, Shopping & Bus Service, Act Now!

$494,900

4 Beds, 3 Baths, 3,060 Sq Ft, Spacious Rooms, High Ceilings, Tall Windows, Sunny & Bright, Hardwood Floors, Granite

Counters, 2 NG Fireplaces, Master Bedroom on Main Level, Ensuite with Jetted Tub, Huge Rear Deck, Fully Fenced, Wonderful Landscaping, Great Neighbourhood, Act Now!

DEPARTURE BAY RANCHER! COMPLETELY RENOVATED!

2 beds, 1 bath, 902 sqft., .19 acre, excellent � rst home, move-in ready, RV parking, NG forced air heat, new

windows, new � ooring, new kitchen, new bathroom, large rear deck, fully fenced, walk to schools, parks, bus service &

shopping, must see, act now!

COMPLETELY RENOVATED HOME!EVERYTHING NEW! NO GST! BUYER FRIENDLY!

3 Beds, 3 Baths, 2,092 Sq Ft, Open Floor Plan, Hardwood Floors, Excellent View, Double Garage, Ready for Legal Suite Option,

Legal Carriage House Option, Large Master Bedroom with Ensuite and Walk-in Closet, Bright & Spacious, Huge Balcony,

Walk to Schools, Shops, Parks & Bus Service, Call Now!

$374,500

CINNABAR VALLEY BEAUTY!GREAT VIEW! GREAT LANDSCAPING!

3 Bedrooms + Den, 3 Baths, 2,012 sq ft, New Flooring, Sunny & Bright, Vaulted Ceiling, NG Fireplace, Spacious Rooms, Large

Kitchen with Nook, Private Patio, Fully fenced Yard, Irrigation System & Water Fountain, Gardener’s Paradise, Double Garage, Walk to

School, Parks & Bus Service, Buyer Friendly, Must See, Call Now!

$419,900

FANTASTIC OCEAN VIEW HOME!

4 Beds, 3 Baths, 3128 sqft., .17 acre, verandah with ocean view, double garage with mezzanine, fantastic ocean view from all

main living areas, huge deck, hardwood � oor, easy maintenance landscaping, no through road, vaulted ceiling, NG forced air

heating, NG � replace, fully fenced, act now!

952 Virostko Crescent

1543 Extension Road

4110 Orchard Circle

405 McNiven Road

1835 Montana Road

2133 Woodthrush Place

Ext. 1052 or visit www.chris-martin.caTo view please call Chris Martin at 250 616-1996


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


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


3 Beds, 2 Baths, 1,308 Sq Ft, Child & Small Pet Friendly, Carport, Many Improvements, Sun Room, Covered Deck, Semi-Detached Storage Room &

Workshop, Lots of Parking Area, Living Room & Family Room, Enormous Backyard, Act Now!

TIMBERLANDS MANUFACTURED HOME PARKPARTIAL VENDOR FINANCING OPTION!

44-3560 Hallberg Rd.

Great Investment Opportunity, 3,521 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!

DOWNTOWN NANAIMO WATERFRONT HOME! SPECTACULAR VIEW, 2 BDRM SUITE R8 MEDIUM DENSITY RESIDENTIAL

$404,900

1292 Gabriola Drive

$89,900


3 beds, 3 baths, 1765 sq.ft., hardwood � oors, granite counters, vaulted ceiling, NG forced air heating, built-in vac,

master bedroom on main level, crawl space, hardi plank siding, private backyard and patio, great location, walk to shopping, parks, schools and bus serivce, no GST, 8 years

remaining on warranty. Call now!

DETACHED N. NANAIMO TOWNHOME! DOUBLE GARAGE! NO GST!

2- 6003 Nelson Road

$379,900

$249,900

3132 Rock City Road


$239,900

605 Hillcrest Ave.

$484,900

5314 Fillinger Crescent 1590 Townsite Road

$339,900


BUYER FRIENDLY HOME!

VideoVideoVideo

FloorPlan

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CINNABAR VALLEY BEAUTY!

VideoVideoVideo

FloorPlan

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





2 Beds, 2 Baths, 1,126 Sq Ft, Cameron Island Condo, Marina View, Open Floor Plan, Large Deck,

2 Underground Parking Stalls, Storage Locker, Walk to Shopping, Bus Service, Ocean, Parks &

Nanaimo Seawall, Hurry, Call Now!

DOWNTOWN NANAIMO WATERFRONT CONDO!

316-150 Promenade Drive

$343,900


3 Beds, 2 Baths, 1,634 Sq Ft, .45 Acre, New Flooring, NG Fireplace, Master Bedroom with Walk-In Closet, Living Room

and Family Room, Super Clean, Bright & Spacious, Lots of Storage, Huge Upper Deck, Enormous Private Rear Patio, Garage, RV Parking, Peaceful & Quiet, Hurry, Call Now!

DEPARTURE BAY HOME WITH OCEAN VIEW! BACKS ONTO A PARK!

3133 Robin Hood Dr.

$324,900


LADYSMITH CUSTOM BUILT HOME! SPECTACULAR OCEAN VIEW!

$364,900

SOLD

SOLD

Video316-150 Promenade Drive316-150 Promenade Drive VideoVideo

FloorPlan

NEW CHASE RIVER HOME!

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DEPARTURE BAY HOME WITH OCEAN VIEW!

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DETACHED N. NANAIMO TOWNHOME!

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AMAZING CRAIG BAY ESTATES

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TIMBERLANDS MANUFACTURED HOME PARK

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$289,900


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

Cute well maintained home.Super sized shop.

5 Bedroom house/wSuite Separate

• Hydro meters• Entrances• Laundry rooms• Work shops

Cell: (250) 739-8900

Cedar’s Best Acreage

Errington - $267,000

Cedar1441 White Rd.

$49,900

$29,900

$89,900

#15-5931 Island Hwy.

#7-6245Metral Dr.

#57-6245 Metral Dr.

THINKING OF DOWNSIZING?3 Mobile Homes priced to sell

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

Cute well maintained home.Super sized shop.

5 Bedroom house/wSuite Separate

• Hydro meters• Entrances• Laundry rooms• Work shops

Cell: (250) 739-8900

Cedar’s Best Acreage

Errington - $267,000

Cedar1441 White Rd.

$49,900

$29,900

$89,900

#15-5931 Island Hwy.

#7-6245Metral Dr.

#57-6245 Metral Dr.

THINKING OF DOWNSIZING?3 Mobile Homes priced to sell

Sutton Group- West Coast

LORI SPOORCell: 250-739-8900

Unbelievably Spectacular Views, 12 Acres Totally Private Executive Home

Rancher in Great Shape with Beautiful Backyard. Big Lot. Big Home. Big Shop

2 Vacation Rental Suites on 4th Green at Eaglequest, 3200 sq.ft. House, 4200 sq.ft. shop

$699,000

$299,900 $379,000

$488,000

1835 Wallacewood Way MLS#372935 2510 South Wellington Rd. MLS#375008

SOLD SOLD SOLD SOLD SOLD SOLD

✔2185 Hummingbird ✔2047 Hemer

1853 Woobank MLS#372755 5268 Scarsdale MLS#370544

101 - 3150 Island Highway, Nanaimo101 3150 Island Highway, NanaimoPhone: 250-758-2484 Fax: 250-758-2452

www.lenhartinsurance.ca

Providing insurance for:Business • Home • Tenants

Condominiums • Travel • ConstructionBoats & PWC • Autos • Campers

Trailers & Mobile Homes

Insurance Brokers Ltd.Insurance Brokers Ltd.EST 1898

80 ACRES RIVERFRONT 275,000

• Court ordered sale• Gordon River, Honeymoon Bay• Zoned F1 Forestry• 2 outbuildings • 1140 sqft. & 800 sqft.

FULL DUPLEX NEW LISTING! $259,900

• Rent part & live almost free • Each side has basement

areas, hardwood floors, cove ceilings.

• Large lot with garage off lane. Quiet area close to VIU

OCEANFRONT ACREAGES $169,900

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

NICE QUIET PARK $39,900

• Private location• 2 bedroom & den• Walk to shopping• On bus route

HORSE LOVER’S HOME $385,000• 3.2 acres fenced, cross

fenced• 6 stall barn and tac room• Workshop and double garage• Remodelled home &

detached suite• Pastures, gardens & green

grass

Top Floor 2 Bed Condo $84,900

• Large 2 bdrm unit, close to VIU• Rentals allowed; Great investment• Needs TLC

M I C H A E LP E T E R S O N

DWNTWN COMMERCIAL BLDG $649,900

• Wallace street location• Great holding or development• 2 road frontages • Prime location

NEW 1/2 DUPLEXES $262,500

• New subdivision• 3 beds & 3 bathrooms• Quality finishes• Garages

NEW LISTING $22,000

• 2 bedrooms• Family and living rooms• Fenced private yard• Close to shopping. Some updates

MUDGE ISLAND ACREAGE $69,900BRECHIN HOME $333,000

• Great price, treed acreage, close to marina• Several building sites• Construction package available• One of the best parcels

UPLANDS CONDO $139,900

Known for service. Trusted for results.

Personal real estate corporation

Direct: 250-756-SOLDOffice: 250-751-1223

realtynananimo.com

OF NANAIMO

1- 5140 Metral Dr.,Nanaimo

CALL FOR A FREE MARKET UPDATE

SOLD!

Go to realtynananimo.com to view all MLS listings and/or call direct 250-756-SOLD (7653)

• 2 bedrooms• 2 bathrooms• 3rd floor• nice deck• In unit laundry• Totally remediated building• Like new; warranty

• Many updates, fully finished • Huge private, fenced yard• Walk to seawall, marina• RV parking • Walk to shopping

SOLD!


GETTIN’ YOU MOVING IS MY GOAL!Take a virtual tour at www.greatwestislands.com

Toll Free 1-888-291-5263

Ocean Point Realty250-245-3700 • 250-758-3700www.remaxocean.bc.ca

Serving Lantzville, Nanaimo, Ladysmith, Chemainus, Crofton and beyond

Ocean Point RealtyOcean Point Realty

80 - 5th Street. Adult Park. This recently renovated 2 bedroom home has new flooring, an oversized master bedroom, a large addition, covered rear deck, private large fully fenced yard with another deck with Gazebo for barbeques, and a garden/storage shed for all your extras. Your small pet will be welcome with permission, and the location in Mountain View Park, in central Nanaimo is close to all the downtown shopping, Casino, the College, and waterfront walkway. A quiet comfortable convenient place to live.

3 bedrooms, w 3 baths, full basement with family room and a huge yard with attached garage, and paved RV parking this is a great place for the whole family. Located in a great area on a quiet street, close to schools, shopping, golf course, hospital Beban Park and marinas makes getting there easy. Freshly painted with a recent roof, and a stainless oil tank, this home is vacant, and move in ready with sort notice. Call to view your new home.

OWNER MOVING. MUST SELL!

1901 LATIMER $317,000

NOW ONLY

$35,000

CONTACT FRASER CARMICHAEL

Call Stephanie today!Find out how much your house is worth in today’s market.

250-802-7652

Open House Fri., Sat., & Sun. 1-3pmNanaimo’s Premier Condo Development $229,900

$322,500

$388,000 Starting at$119,000 $393,000

309Cordan Street

3174 Warbrick Place

203-5650 Edgewater Lane

301BCordan Street

Wexford Creek ocean & mountain view building lots

in Chase Riverfor sale.

OF NANAIMOEach office independently

owned and operated

Prestigious Linley Valley $393,000

Prestigious Linley Valley $393,000

Have ownership at an excellent price. 3 Bedrooms 3 Bathrooms. New Home in Excellent neighbourhood.

Not just a home but a relaxed lifestyle. 2 bedroom 2 bath adult oriented Longwood condo.

Ocean View Estate with hot tub & pool on 5 acres very private but close to all amenities

Incredible Opportunity Revenue generator. 5 bdrm, 3 bthrm 2-story with main living up.

Legal 2 bedroom suite down.

NO GST Excellent value newer Cottle Creek Estates Rancher 3 bedroom 2 Bathroom quick

possession possible.

Ocean View Estate $629,900

2375 Lindsey Rd.

SOLD

1633 Creekside Dr 3 bedroom, 2 bath townhome with single garage , quiet

Millstone Creek, next to Pryde Vista Golf Course.

Excellent Opportunity $219,900


PHASE I & II SOLD OUT • PHASE III & PHASE IV NOW SELLING

Located at 500 Corfield St. Parksville, BC

CONTACT US 1.866.956.6228 www.creeksideatcorfield.com

of Nanaimo 250.751.1223

FOR A FULL INFORMATION PACKAGE CONTACT John Cooper *PREC [email protected] Sean McLintock *PREC [email protected]

• Beautifully finished single level patio homes.

• 2 bedrooms, 2 bathrooms, + den.

• Oversized 2 car garage.

• 1333 to 1500 sq. ft of living space.Show Suite Designed by Patti Ransom Interior Design.

Starting at $335,000 PLUS GST

* Personal Real Estate Corporation

OPEN HOUSESATURDAY & SUNDAY

1pm to 4pm

Starting at $364,900

PHASE 1 - 4 SOLD OUT • PHASE 5 - 2 UNITS REMAININGPHASE 6 COMING SOON

Bus:(250) 756-2112 • Res:(250) 756-7730 • Fax:(250) 756-9144 • Cell:(250)616-1792 • Email: [email protected]

NANAIMO’S #1 REALTORwww.waynemyhal.com Personal Real Estate Corporation

#604 - 5800 Turner RoadNanaimo, BC, V9T 6J4

Save Thousands On Listing Commissions!!! Negotiable Commissions!!!Call Today For A Complete FREE Listing Evaluation And Commission Proposal!!!

✓ Over 2500 sq.ft of luxurious living on two levels

✓ 4 bdrms, 3 bthrms, feature � replace✓ Gorgeous wood kitchen with separate

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immaculatelySHARP PRICE AT ONLY

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Executive Home Near HospitalLegal Suite Great for Business

✓ 5 bedrooms/4 bathrooms on 2 levels✓ Ideal for home based business with

store front style✓ Legal one bedroom suite, shows well✓ Top quality � nishing, warranty, RV

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EXECUTIVE TOWN HOME GREAT CENTRAL LOCATION✓ Over 1700 sq.ft. of luxurious

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privacySUPER PRICE

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for Sutton Group from 1993 ~ 2013 (based on combined MLS sales)

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BEAUTIFUL BRECHIN CHARACTER HOUSE

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Executive Ski ChaletMount Washington

✓ Built in 2010, over 3000 sq. ft on 2 levels

✓ 5 bedrooms 2 bathrooms✓ 2 self contained units, great for

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dishware includedSUPER PRICE

ONLY $599,900

Executive Ski Chalet

Magni� cent Executive RancherSuper Ocean and City Views

✓ Over 1900 of luxurious living area✓ 9 ft. ceilings, beautiful hardwood

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immaculatelyONLY

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SHARP PRICE!!! $170,000

2 BEDROOM CONDOCENTRAL LOCATION

✓ Bright open layout, private balcony

✓ Close to shopping & hospital

✓ Large kitchen, gas � replace✓ Secured entry,

underground parking✓ Shows immaculately.

BRAND NEW 5 BEDROOM OCEAN VIEW FAMILY HOME

✓ Super new home, great ocean views

✓ 5 bedrooms, 3 bathrooms✓ Wood kitchen, laminate � ooring✓ 10 year warranty, RV parking, � at

lot.SHARP PRICE! $329,900ONLY $124,900

2 Bedroom Condo Super North Nanaimo Location✓ Over 1000 sqft of living area✓ 2 large bedrooms, 4 piece bath✓ In-suite laundry, newer

appliances✓ Open layout, private balcony,

secured entry

Executive Home Near Hospital

Executive Two Storey HomePrime Northend Location

✓ Over 2000 sq ft of luxurious living area

✓ Hardwood � oors, stainless steel appliances, heat pump

✓ 4 bedrooms, 3 bathrooms, designer kitchen

✓ Close to schools, shopping and bus route

✓ Too many extras to list. Sharp priceONLY $404,900

Level-Entry Townhome with Full Walk-out Basement

SUPER PRICE ONLY $624,900

YELLOW POINT EXECUTIVE HOME 5.29 ACRES WITH

HUGE SHOP✓ Magnificent modern 4 bedroom

home✓ Huge 2 bay shop with hydro✓ Beautifully landscaped private lot✓ Steps to water front and recreation

Brand New Executive Home North End with Legal Suite

✓ Super executive in fabulous location ✓ 5 bedrooms, 3 bathrooms, 2 bedroom

legal suite ✓ Top quality � nishing with granite

counter tops ✓ Hardwood � oors, designer kitchen,

hardi plank exterior ✓ Too many extras to list, sharply priced


List with

The Largest Residential Real Estate Brokerage

in the World!

250.760-1066Free evaluation - call us

Century 21 Harbour Realty - each office independently owned & operated

我们的所有列表都是翻译成中文的销售到亚洲市场All our listings are translated into Mandarin for marketing into the Asian marketplace.

Cameron Island

WATERFRONT CONDOS

#2603 - 154 Promenade Drive 2 Level Penthouse Suite $1,250,000 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 sun’s last rays at dusk. Call Gordon Halkett.#2502 - 154 Promenade Drive $699,000 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 bedroom, 2 baths, floor to ceiling picture window. Call Gordon Halkett.#1803 (The Beacon) $344,000 1180 sq. ft., 2 bedroom, 2 bath - facing west over the city & inner harbour, beautiful city and mountain views. Call Gordon Halkett.#2003 -154 Promenade Drive $454,900 2 bedrooms, 2 bathrooms, approx. 1,189 sq. ft. of LUXURY! Custom brick fireplace, with many meticulous touches.#207-158 Promenade Dr. $324,990 The Gabriola Bldg. 2 bdrms, 2 bathrms, approx. 1117 sq.ft. Faces south & west with harbour views toward Gabriola Island. Very tastefully decorated, crown mouldings etc.#409-150 Promenade Dr. $775,000 The Newcastle Building. 2 bedrooms PLUS den. Approx. 1790 sq ft. Call Gordon Halkett.

Call Cameron Island Specialist, Gordon Halkett at 250.716.8822

#108 - 2562 Departure BaySeascape Manor $214,000.

• 2 bedrooms, 2 bathrooms • Approx. 1170 sq ft• Ocean View suite, complex sits on approx. 4 acres• Outdoor Pool + many amenities

Bev or Gordon250-739-9537

920 Oakley Street$234,000

• 3 bedrooms • 1 bathroom• Separate garage/workshop• RANCHER• Approx 1176 sq ft

Hillary Reeves250-713-8411

#211-4949 Wills Road$299,000

• Waterdown Quay• Long Lake Waterfront VIEW suite• 3 bedrooms, 2 baths with approx. 1630 sq feet• TWO large decks

Gordon Halkett 250-714-2001

741 Chestnut Street$395,000

• Brechin Hill• 3 bedrooms 2 bathrooms• Ocean view, lovely deck and landscaping• Beautifully updated

Gordon Halkett250-714-2001

4205-997 Bowen Rd$69,900

• 1 bedroom• Excellent condition• Rentable close to VIU

Bev Mason-Wood250-739-9537

NEW LISTING

117 Harvey Street$185,000

• Carriage house zoned!• Ocean view lot, OLD, old house• Fixer upper plus


NEW LISTING

137 Harvey StreetCarriage House Zoned

$238,400.• 3 bedrooms,• Approx. 1656 sq ft• Rear lane access for your RV


2032 Forest DriveCentral Nanaimo $289,900.• 4 bedrooms, 2 bathrooms• Approx. 2180 sq ft• Large fenced private backyard with fruit trees


SOLD

SOLD

NEW LISTING

1/2 Duplex 209 4th Street$310,000

• 2,000 sq.ft.• 5 bedrooms, 3 bathrooms• Large yard for kids• Close to VIU


1901 Peat PlaceUniversity District

$335,000• 3 bedroom 3 bathroom• Approx. 1765 sq ft• Westcoast style home• Situated on a lovely corner lot

Hillary Reeves 250-713-8411

683 Park AvenueNEW HOME CONSTRUCTION

$379,000• 4 bedrooms• 3 bathrooms• Approx. 2217 Sq Ft


1139 College DriveUniversity District $389,000

• 3 bedroom, 2 bathrooms • Approx. 2304 sq ft• Unobstructed city, ocean & mainland mountains view!• Walking distance to Vancouver Island University


2311 Towerview CrescentSouth Jingle Pot area $390,000• 4 bedrooms, 3 bathrooms• Approx 2,990 sq ft• Listed well below assessment, making this home GREAT VALUE


1214 College DriveCollege Heights

$499,000• 3 bedrooms, 2 bathrooms• Approx. 2,440 sq. ft.• 180 degree OCEAN view home


270-9th Street$790,000

• South Nanaimo• 5 acres Riverfront development site-directly

across from Applewood subdivision• 5 bedroom home with 3 bathrooms• Approx. 3,370 sq ft


NEW LISTING

2353 Weeks RoadNanoose Bay $695,000

• 3.8 acres with TWO homes• 3 blocks from the ocean & the

property is on Riverfront• Potential subdiv. in future


3511 Castle Rock DriveRock Ridge ESTATES $549,000• 5 bedrooms, 4 bathrooms• Approx 3177 sq ft• Includes a LARGE 2 bedroom suite!• Dream kitchen with granite countertops• Hot tub in lower patio . AWESOME!


2083 Saddle DriveNanoose $749,000

• Rocking horse Ranch-Schooner Cove area• 5 bedrooms, 4 bathrooms• Approx 4100 sq ft• 5 flat acres, income-producing hobby farm• 4 paddock horse farm

2988 Lofthouse Road $3,795,000

OPPORTUNITY KNOCKS!• 120 acres of walk-on beach waterfront• 4 (FOUR) “west coast style” homes with individual titles91 acres are cleared.



6101 Pearce RoadWoodgrove Area $799,000

• Future Subdivision potential• Beautiful 5.8 ac hobby farm• 7 outbuildings, 30x24 horse barn• 24x15 artist studio, a 50x24 workshop (rented)• Main residence 1750 sq ft


3980 Hammond Bay Rd. $879,000

• Walk-on Waterfront• 4 bedrooms, 3 bathrooms• Approx. 3,152 sq. ft.• Majestic views of the coastal

mountains & oceanGordon Halkett250-714-2001

2148 Lark Crescent$479,000

• Large family home 3000 sqft.• 4 bedrooms plus 1 bedroom legal suite• Family room and TV room/office


NEW LISTING

SOLD

OPEN HOUSE Weekends 1-3pm

SOLD

#19 4991 Bella Vista Cres.North Nanaimo $299,000.• 3 bedrooms, 4 bathrooms • Approx. 2839 sq ft• Townhome “in the trees”• Total privacy....and IMMACULATE


Massive PRICE Reduction!Just reduced by $50,000.00 for an IMMEDIATE sale!


OPEN

HO

USES

Unitsstarting at

$239,900+Tax

250.751.1223Full details & photos at www.thompsongodfrey.com

*Call For Details

ONLY3 UNITS LEFT IN

COMPLEX!

THYME PLACE(Off McGirr Road)

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

OPEN HOUSESEVERY SAT & SUN 2-4PM

Roger BeckREALTOR®

Tel 250-751-1223Fax 250-751-1300

Toll Free 1-877-897-5081

[email protected]

CREATING YOUR VISION OF HOME!

OF NANAIMO

ROGER BECK. CALL NOW!

$549,900

.84 acre;30x35 shop;

New septic system

3594 Allsop Road


$335,000

3 bedroom, 2 bath, 2200 sq.ft.

3050 McCauley Dr.

THANK YOU TO ALL THE

VOLUNTEERS


$279,900

2 bed, 2 bath, north end townhome.

6320 Redonda Place


$249,900

3 bed, 2 bath;1500 sq. ft.

228 Villa Road

SOLD

CALL FORA FREE

MARKET EVALUATIONTOLL FREE

1-877-897-5081

$172,900

ROGER BECK. CALL NOW!2 bed, 2 bath; in suite laundry#401-24 Prideaux St.

FOR SALEFOR SALE

IF YOUR HOME IS HERE

YOU’LL HAVE66,500 OPPORTUNITIESFOR BUYERS TO SEE YOUR HOME!

REVIEWREAL ESTATEN

AN

AIM

OA

IM


Cell: 250.739.3633 Offi ce: [email protected]

www.brentrussell.ca

▸ Private 5 acre estate with 2533 sqft custom rancher

▸ 3 Beds, 4 baths, 2 substantial shops

▸ Can build 2nd home & 2nd septic field

▸ Borders Westwood Lake, secured gate

MLS 373759

2415 Departure Bay Rd $895,000 57 Malaspina Drive $879,900

MLS 369939

▸ Large 4 Bed, 2 Den, 3 Bath 2,364 sqft home

▸ Private 1/2 acre with detached wired workshop

▸ 1 yr old roof, 3 min walk to beach, pre-inspected

MLS 367646

▸ 6200 sqft, 5 beds, 6 baths

▸ 0.84 acres, large sports court

▸ Gourmet kitchen, indoor hot tub room

▸ Huge deck, 2 family rooms

MLS 375850

▸ 2090 sqft, 2 beds, 2 baths

▸ detached dream workshop

▸ detached guest accommodation

MLS 371124

WALK-ON WATERFRONT ON GABRIOLA

▸ 1788 sqft , 4 beds, 2 baths

▸ Updates throughout home

▸ Fully fenced yard with lots of parking

▸1,016 sqft, ▸3 bed, 1 bath rancher ▸NEW roof, windows & paint ▸Close to downtown shopping core

216 Victoria Rd $189,900

MLS 373757

2940 Amrik Rd $839,900

1956 South Rd $409,900

GABRIOLA ISLAND2029 Woobank Road $359,900

LARGE RANCHER ON 1/2 ACRE

GRAND DEPARTURE BAY RESIDENCE

JINGLE POT ESTATECLOSE TO DOWNTOWN

Sand Dollar Mortgage Corp.

Call me for prompt and professional service for all your mortgage needs.

call: 250-753-2003 [email protected]

CURRENT MORTGAGE RATES

FAYE DROPE, MORTGAGE BROKER

Sand Dollar Mortgage Corp.

*OAC. Certain conditions apply.

2yr fixed 2.59% 3.04% 3yr fixed 2.69% 3.44% 4yr fixed 3.69% 4.94% 5yr fixed 2.85% 4.79% Variable 2.35% 3.00%

TERMOUR RATES*

BANK RATES

CR

NJ

SN

CD

OC

Pin

e

NC

DL

DB

LZ

UZ

UP

HB

PV

NN

Bow

en

Jinglepot

Hig

hw

ay 1

9A

City Reservoir

BrannenLake

Dic

kin

son

Aulds

Westwood Lake

NewcastleIsland

ProtectionIsland

Harewood Reservoir

Wak

esiah

10th

Junction

Dove

r

Sch

ook

Ham

mond B

ay

LongLake

DiverLake

LostLake

Som

mers

et

Oliver

CDNCCRDBDLHBLZNNOCPVSNUPUZNJSJUDBHEX

- Cedar- Central Nanaimo- Chase River- Departure Bay- Diver Lake- Hammond Bay- Lower Lantzville- North Nanaimo- Old City- Pleasant Valley- South Nanaimo- Uplands- Upper Lantzville- North Jingle Pot- South Jingle Pot- University District- Brechin Hill- Extension

Subarea Boundary

Road

Hig

hw

ay 1

9

(Isla

nd

Hig

hw

ay)

SJUD

BH

EX

GabriolaIsland

Nanoose Bay

NB

GI

NB - Nanoose BayCD - CedarNC - Central NanaimoCR - Chase RiverDB - Departure BayDL - Diver LakeHB - Hammond BayLZ - Lower LantzvilleNN - North NanaimoOC - Old CityPV - Pleasant ValleySN - South NanaimoUP - UplandsUZ - Upper LantzvilleNJ - North JinglepotSJ - South JinglepotUD - University DistrictBH - Brechin HillEX - ExtensionGI - Gabriola Island

Map courtesy of

OPEN HOUSESREVIEW

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

ADVERTISING INFORMATION: CALL LESLEY LIVINGSTONE-GRAY AT 250-734-4614

ONLINE: WWW.NANAIMOBULLETIN.COM

THURSDAY, FEB. 14, 2013

NA

NA

IMO REAL ESTATE

NORTH NANAIMO

6401 Thyme Place (off McGirr)

Sat & Sun 2-4pm,

Starting at $239,900 +tax

102 Linette Place,

Daily 12-4pm,

Lots start at $170,000

UPLANDS6150 & 6158 Arlin Place,

Every Sat., 10am to noon

$345,000 +GST

203-5650 Edgewater Lane

Fri, Sat. & Sun. 1-3pm $234,900

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

PARKSVILLE Creekside at Corfield 32-500 Corfield St. Sat. & Sun. 1pm-4pm Starting at $364,900 +GST

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

DEPARTURE BAY

2905 Wildwood Ave. Sat & Sun Aug 2-3, 1-3pm $332,900

2930 Thomas St. Sat & Sun Aug 2-3, 1-3pm $338,000

UPPER LANTZVILLE

8126 Southwind Drive Sat. Aug. 2, 2-4pm $664,900

SOUTH NANAIMO

683 Park Ave. Weekends, 1-3pm $379,000

LADYSMITH

17-245 Oyster Cove Rd. Aug. 2 & 3, Sat. 12-3pm Sun. 1-4pm $819,900

BRECHIN HILL

104-100 Dawes St. Sat. Aug. 2, 2-4pm $129,000


If you’re thinking of buying a home for the very fi rst time, the process may seem a little confusing -- even intimidating. You’ll fi nd 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 fi nancial 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 fi rst 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.

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

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.

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.

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.

Lien: Any legal claim against a property, fi led 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, fi rst-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 Offi ce; 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 fi nal 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 Certifi cate: 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 fulfi lled before the contract will become fi rm and binding; must include a specifi c deadline for removal.

Title: The legal evidence of ownership in 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.

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

Variable Rate Mortgage: A mortgage for which payments are fi xed, but whose interest rate changes in relationship to fl uctuating 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 fi nancing in order to sell the property.

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

Understanding Real Estate Terminology

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 benefi t of

consumers. For more information, visit the Vancouver Island Real Estate Board’s website at www.

vireb.com or call 250-390-4212.


IanLindsay

FrankFairley

250.248.1071 1.888.243.1071www.ianlindsay.ca

[email protected] Of� ce Independently

Owned & Operated

101 - 897 West Island Highway, Parksville

2375 Arbutus Crescent, Nanoose Bay

South facing 3 level home on ½ acre lot. Large deck to enjoy on the South side. Private treed lot, close to golf and marina.$479,000

#116-730 Barclay Crescent, French Creek

Lovely two bedroom plus den patio home in golf course development. Open � oor plan, private master suite, vaulted ceilings, skylights, and great patio areas.$449,900

2389 McDivitt Drive, Nanoose Bay

Two bedroom 960 square foot mobile. Very private 0.24 acre property. Located near shopping, schools, golf & marina$154,900

248 Hoylake Road W, Qualicum Beach

Comfortable 3 bedroom on lovely sunny lot. Small guest room with bath plus workshop building. Walking distance to town, shops, and golf course.$459,900

110 Butler Avenue, Parksville

Exceptional large, private lot with 20 x 36 shop. Rancher with extra hobby/media room. Many updates including roof, � ooring & paint.$410,000

#208-3555 Outrigger Road, Nanoose Bay

Fabulous waterfront condo overlooking the Schooner Cove Marina. High-end custom renovation throughout. Marina, gol� ng, Westcoast lifestyle.$239,000

One Flat Fee

No Strata FeesYou own the land you live on

See our YouTube channel & learn more about Sun Porch Row Homes at:

www.sunporchhomes.com

• New Homes, 2 bedrooms, den, 2.5 baths• Centrally located in Nanaimo• Home size ±1,367 sq.ft.• Energy efficient, better indoor air quality • Peace of mind, 2-5-10 year warranty• Lane access parking for 3 cars

$299,888

Live a fee-simple life!

Call us at: 250.999.8980

[email protected]


www.sleggrealty.com 250.756.9700 - Toll Free 1.866.457.2494

Susan Arman

1/2 Acre in Cedar$269,000

• 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

Jim Johnson/Jay Deleskie

Mini Estate with Pool $394,999

• 5 bedroom, 3 bathroom, 2025 sq/ft home• Pool, pool house & Guest house on .61 manicured acres• Bright open concept chef’s kitchen, new oak floors• Attached studio w/own entrance for home based business

Larry & Ruth Staley 250-240-2035

Our Listings Are

SELLING!If you want YOUR house

sold, give us a call!

Mike Phillips

Rancher w/Carriage House$299,900

• 3 Completely renovated 3 bedroom 1145 sqft rancher• Includes brand new 2 bedroom 740 sqft carriage house• 5 minutes walking distance to VIU• Excellent investment property with low maintenance costs.

• Centrally located. Close to hospital or walk to oceanfront

• 2 bdrms, sunroom, wood floors, newer roof, new furnace

• 8800+ sqft lot, fenced & landscaped, lg deck, garden shed

• Property zoned for carriage home with lane access

Denise Dumbrell

Central Nanaimo Rancher$279,000

• Ocean view, luxury corner unit in “The Texada”• 1 bedroom + den, 2 bathrooms, walk-in closet• Custom kitchen cabinets, stainless steel appliances• Large covered balcony with ocean views

Mike Phillips

Luxury Northend Condo$239,900

Investment Property$238,000

• 4 bedroom, 2 bathroom home in hospital area• Listed below city assessment, needs some TLC• Fully fenced, sunny yard with large deck• Potential for 2 bedroom suite on lower level

Susan Arman

• Features 5 - 2 bedroom suites that are fully rented• Gross Revenue over $42,000 per year• Upgrades incl. windows, wiring, drywall, roof, &

plumbing• All suites metered for separate utilities

Jim Johnson/Jay Deleskie

Investor’s Alert! Fully Renovated 5-Plex $498,000

Alyce Carney (250) 604-8886

Magnificent Lakefront Acreage $1,595,000

This wonderful peaceful acreage has a custom built home overlooking Sproat Lake. This home is built for entertaining with many built-ins, outdoor kitchen, decks, zoned sprinkler system and detached man cave and garage. Huge attached double garage.

• 1.07 acres in very private area of extension• 860 sq.ft., 2 bedrooms, 1 bathroom• In amongst high end homes• RV and home on property currently rented out.

Susan Arman

Investment Property$229,000

REDUCED

Allsbrook Mini-Estates

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Pristine Residential 2+ Acre Site

Call the Dumbrells: 250-248-9996 or 250-756-9700

Looking for a beautiful private setting without highway noise, cleared level building sites, including wells (many Artesian), hard surface roads, close to Parklands? Build your own or speak to us about our custom homes plan. There is nothing like this pristine development located 10 minutes from Parksville beaches. www.allsbrookestates.com

Looking for a North End Rancher?

Call the Johnson Group - Jim Johnson/Jay Deleskie at 250-741-9260

* Beautiful 3 bedroom, 2 bath, 1470 sq/ft home* Bright spacious kitchen with stainless appliances* Master w/walk in closet and en-suite* Southern exposure back patio, fenced yard

REDUCED

Acreages on City Waterfrom $239,000

• Country living on city water, minutes away from downtown Nanaimo and all the recreation you could hope for• 2 lots @ 3.48 acres and 4.50 acres.

Susan Arman

MARK CLARK RI (BC)Managing Broker

$349,000 $379,900* 3 bedroom, 2 bathroom, 1500 sq/ft home* Open concept living area with 2 gas fireplaces* Many upgrades incl/new roof, siding, windows & heat pump*Located on no-thru road w/spectacular private yard

NEW LISTING

SOLD

SOLD

Mike Phillips

Stunning Walk-on Waterfront $819,900

Open House: Sat (Aug 2) 12-3; Sun (Aug 3) 1-4 17-245 Oyster Cove Road

• 3500 sqft Level Entry, Executive home in Ladysmith• Panoramic Ocean-Views from 3 decks• Media room, 2 Master suites and so much more!


COMMERCIAL & DEVELOPMENT PROPERTIES

510 Machleary St. $99,900• 18,836 sq. ft. lot• Zoned, R-15 (Medium Density)

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

5315 Deep Bay Rd. $2,750,000• 7.6 acres Waterfront property• Currently used as RV park• 30 unit residential development possible• 33% shares only $800,000

LOTS & ACREAGES5109 Laguna Way - 219,900• .32 acre building lot,

N. Nanaimo• Panoramic Ocean, Isld &

Mtn views• Lot measures 110’ wide x

127’ deep

3745 Hammond Bay Rd. - $249,000• 8105 sq. ft. building lot• Panoramic Ocean, Isld & Mtn

Views, Near Pipers Lagoon

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

Lot A 8445 Lisa Lane - $235,900• 2.7 Acre Panoramic Ocean

View Lot• Registered Septic Field & 8”

Well = 8 Gal. Per Min.

• 2 bdrms + den, 2 baths • From 1214 - 1387 sq.ft. • 9 Foot ceilings/ Fireplace• No Rental Restrictions• Close to All Amenities• Desirable & Affordable!

Starting at $239,900

(+Tax)

THYME PLACE(Off McGirr Road)OPEN HOUSE SAT & SUN 2-4pm

Only 3 Units Left In The Complex!

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

plan

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

plan

937, 941, 945 Haliburton $49,900 each• Total 29,900 sq. ft., Now

Zoned R6• Ocean View Properties.*All 3 must be sold together

2649 Munroe Rd. $1,690,000• 66 acre Development property• Excellent Location, mostly level• Sub-dividable to 5 acre lots• Supported by the RDN

Surf Lodge,Gabriola Island

• Business, Buildings + 7.4 acres land - $1,399,000

• Business, Buildings & 2.5 Acres Land - $1,050,000

• 4.9 Acres of land on Chichester Rd W. - $349,900

925 Fairdowne Rd. Parksville• Business only $349,900• Operating landscape supply

business

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

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

Ocean ViewSOLD

CORY CHAPMAN REALTOR®

DAVE THOMPSON Personal Real Estate Corporation

DEBBIE BEATTIE Unlicensed Assistant

BRIAN GODFREY Personal Real Estate

Corporation

411-770 Poplar St $209,900• 902 sq. ft., 2 bdrm-2 bathrms• New flooring, paint, baseboards• Ocean views & new bthrm updates• On quiet side of building

CALL FOR A FREE MARKET EVALUATION OF YOUR HOME 250.751.1223

www.ThompsonGodfrey.com

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

Independently owned & operated

FEATURED LISTING

5162 Dunn Pl $574,900• 3230 sq ft, 6 bdrms-4 bthrms• High end finishing throughout• Legal 2 bdrm bsmt suite• Gorgeous Ocean/Isld/Mtn Views

101-2165 Ridgemont Pl. $249,900• 1190 sq.ft, 2 bdrms, 2 bthrms• Blackcomb Ridge townhome• Faces south, has patio & lawn area• Large crawl space for ex-storage

3150 Kilpatrick Rd $534,500• 2545 sq ft, 4 bdrms-3 bthrms• On a private 5 acre lot• 588 sq ft wired shop• Huge covered deck, oversize garage

1133 Thunderbird Dr. $309,900• 1870 sq.ft, 3 bdrms, 2 bthrms• Nicely reno’d split level home• Southern exp & views of Mt. Benson• Great for young family or investor

5346 Bayshore Dr. $519,900• 3116 sq.ft, 5 bdrms, 3 bthrms• Ocean views, deck at front &

rear• Landscaped private back yard• Built in hot tub with decking

SOLD

84-5685 Turner Rd $110,000• 1440 sq ft, 3 bdrms-2bthrms• Bright updated mobile home• Popular Woodgrove Estates Park• Fully fenced landscaped yard

SOLD

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

5201 Dunster Rd. $439,900• 2352 sq.ft. 4 bdrms, 2 bthrms• Large 28’x28 wired shop• Huge .27 acre lot• Updated home-open floor plan

541 Selinger Place $799,000• 3533 sq ft, 4 bdrms-4 bthrms• Custom designed & built• Panoramic Ocean Views• Deluxe high end finishings

3301 Jameson Rd. $719,000• 2263 sq.ft. 3 bdrms, 3 bthrms• Stunning custom built home• On 2.98 acres in Benson Meadows• 23 ft. ceiling in great room

2626 Starlight Trail $309,900• 1833 sq ft, 4 bdrms-2 bthrms• Well maintained home• Energy efficient with Eco report• Lrg level lot - Diver Lake area

SOLD

121 Columbia St. $273,000• 1750 sq.ft, 3 bdrms, 2 bthrms• Extensively updated split entry• Fenced, landscaped level lot• RV parking, great starter home

102-3032 Waterstone Way $425,000• 1708 sq ft, 2 bdrms-2 bthrms• Luxurious Condo at The Shores• Only seconds to the beach• 2 underground parking stalls• Hardwood, Granite, B/I Vac

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

5210 Fox Pl. $429,000• 2687 sq.ft. 4 bdrms, 3 bthrms• Beautiful ocean views• 2 bdrm suite with sep. entry• Extra large & deep double garage

104-2161 Ridgemont Pl $239,900• 1190 sqft., 3 bdrms, 2 baths• Open main level living• Rentals & pets allowed• Southern exposure fenced backyard

3622 Reynolds Rd $329,900• 2106 sq ft, 4 bdrms-2 bthrms• Newer roof, siding & windows• Updated kitchen & RV parking• Landscaped yard mostly level

303-1633 Dufferin Cres $159,900• 882 sq ft 1 bdrm-1 bthrm• Top floor unit - great view• Full restoration completed• Looks like brand new

1563 Discovery Ave. $259,900• 1663 sq. ft., 2 bdrms-2 bathrms• Updated home - some ocean view• Fully fenced, landscaped level lot• Newer laminate floors, paint & trim

410-770 Poplar St $164,900• 812 sq. ft., 1 bdrm-2 bathrms• Top floor corner unit & Brechin Views• Nice view of Mt Benson• Gas fireplace, In unit laundry

7048 Aulds Rd $294,900• 1335 sqft., 3 bdrms, 2 baths• Double wide home on lot• Large 20,600 sqft. level property• Bright & open floor design

4142 Gulfview Dr. $469,900• 2940 sq.ft. 3 bdrms, 3 bthrms• Stunning ocean, Isld. & Mtn. views• Huge master bdrm w/deck access• Energy efficient, heat pump

2645 Lana Rd. $309,000• 1548 sq.ft., 4 bdrms-3 bthrms• On 5.64 acre level usable land• Renovated mobile with addition• Ideal for dream home/horse property

3263 Adby Rd $244,900• 1563 sq ft, 2 bdrms-2 bthrms• Nicely updated• Single garage, landscaped yard• Near golf, shopping, schools

710 Victoria Rd $179,900• 1231 sq ft, 2 bdrms-1 bthrm• Gas furnace, thermal windows• Detached garage/workshop• Across from Knowles Kid Park

406-566 Stewart Ave $349,900• 1367 sqft, 2 bdrms, 2 baths• Updated top floor corner unit• Waterfront bldg on the seawall• 2 decks to enjoy the views

SOLD

384 Georgia Ave $329,900• 2352 sq ft, 5 bdrms, 3 bthrms• Extensively renovated throughout• 2 bdrm authorized legal suite• Landscaped level lot & S exp.

• 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.

3210 Jingle Pot Rd. $869,000 5739 Bradbury Rd. $539,900• 3080 sq ft, 5 bdrms-3 bthrms• Includes 2 bdrm legal suite• Deluxe custom finishing• Huge deck - lovely ocean views

11053 Valdon Rd $179,900• 1916 sq. ft., 3 bdrms, 1 bthrm• Home in need of TLC• Level 80x156 ft lot•Some ocean view. No thru road

48-6245 Blueback Rd $215,000• 960 sqft, 2 bdrms, 1 bthrm• Great north end rancher• Master with 4 piece cheater ensuite• Extra lrg crawl space for storage

SOLD

July 31, 2014

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Transcript of July 31, 2014