Clarice Coty's Blog » Nanaimo

Ocean View Lots For Sale at Bonnington Ridge in Nanoose Bay

Clarice — Fri, 27 Jan 2012 20:31:26 +0000

The lots at Bonnington Ridge in Fairwinds offer the opportunity to build your own custom ocean view home in the heart of the Fairwinds golf community.
A limited number of residential view lots are still available, situated on a quiet cul-de-sac with prices starting at $209,000. Both ocean and golf course views can be had at Bonnington Ridge in Nanoose Bay. These lots combine first-class luxury living with the natural beauty and tranquility of the area.
Fairwinds is the destination of choice for those seeking a luxurious West Coast lifestyle with a champiosnhi golf course, Schooner Cove Marina and a recreational fitness facility within the community.
Located only fifteen minutes north of Nanaimo, in Nanoose Bay, Bonnington Ridge lots are within walking distance of the Fairwinds Centre.
Available lots range from .33-.54 acre, and are priced from $209,000-$318,000.

Real Estate Construction Expected to Rise in Nanaimo

Clarice — Mon, 23 Jan 2012 22:44:27 +0000

There’s reason for quiet optimism in the central Vancouver Island area construction industry, despite lingering effects of an economic downturn.
That’s the message close to 200 audience members heard at the Canadian Home Builders’ Association Central Vancouver Island’s construction industry forum in early January. From interest rates and investment opportunities in Nanaimo, speakers talked of a stable B.C. economy with slow growth in a number of sectors expected in 2012.
Toby Seward, Nanaimo’s director of development, said there are people who want to invest in Nanaimo.
“2011 was a bit of a tough year, but it looks like 2012 is going to be a steady year,” he said. “We review the stats, review what’s going forward and the signs are looking good in our one- to five-year forecast.”
There are numerous real estate developments now happening in Nanaimo, including the Sandstone project in Cedar, the Green Thumb Nursery property on Hammond Bay and the Madill property on Bowen Road, he said. “Oceanview is still talking about moving ahead as well,” he added.
Bill Corsan, Nanaimo’s manager of real estate, said investment opportunities are being driven by low interest rates, flattened land values, low vacancy rates and lack of rental products.
Travis Archibald, Vancouver Island market analyst with the Canada Mortgage and Housing Corporation, said housing starts in Nanaimo fell in 2011, but remain relatively stable and a slight increase is forecast for this year.
“We also saw roughly 1,500 MLS transactions in 2011 and expect a slight increase to that in 2012, but nowhere near past levels,” he said. “Supply is relatively stable and there should be a bit of an increase in demand this year, but it is still a buyer’s market.”
Doug Wittal, CHBA provincial president, detects a sense of optimism among homebuilders in the central Island and likes what he sees in terms of people stepping outside the box.
“We drive the market, we drive the economy and if you’re not willing to change your product and get into the new world, you’re not going to have a market and you’re not going to be working,” he said.
Wittal pointed to the Greenrock industrial park between Bowen and Boxwood roads and the Village at Summerhill townhouse project on Dufferin Crescent as two examples. The Boardwalk is another new real estate development in Nanaimo, featuring ocean view condos and townhomes
“You have to be innovative in today’s world,” he said. “Green and affordability are key words. That’s where we have to go.”

Excerpted from the Nanaimo News Bulletin

Commercial Real Estate Investors on Vancouver Island Aided by R Mike Mullin

Clarice — Sat, 14 Jan 2012 23:29:34 +0000

R Mike Mullin provides the complete service package for Vancouver Island commercial real estate investors.
R Mike Mullin is a commercial realtor with Coast Realty -Nanaimo and a commercial mortgage broker with Bayfield Mortgage Professionals Ltd. Mullin, a Certified General Accountant, brings an extensive financial background to his work as a commercial real estate broker and consultant.
As a commercial mortgage broker in BC, Mike can provide commercial real estate investors throughout the province with a variety of financing options.
Contact him at 250.650.6560, toll free at 855.650.6560, or by email at mullin @telus.net.

Ocean Views Abound at Condos and Townhomes at The Boardwalk in Nanaimo

Clarice — Fri, 13 Jan 2012 21:53:47 +0000

The Boardwalk is a new real estate development offering 33 Vancouver Island ocean view townhomes and condominiums in Nanaimo.
Located only steps from Nanaimo’s premiere waterfront walkway in the historic Newcastle area, The Boardwalk condos and town homes offer easy access to marinas, waterfront walkways and outdoor activities.
These new Vancouver Island homes have been designed to take advantages of the stunning views and xxpansive windows capture dazzling views of the water, city, marina and more. Large private balconies and/or ground floor patios offer space for relaxing and taking in the views.
These ocean view townhomes and condos features contemporary West Coast architectural design, and all concrete and steel construction. The Boardwalk offers secured, underground parking and a bicycle storage room.
Residents will enjoy peaceful courtyard gardens and spectacular ocean views from a fully-furnished entertainment roof top deck
New homes at The Boardwalk range from 554 sq ft studio condominiums to 1355 sq ft 2 bedroom + den townhomes, and range in price from $244,900 to $629,000. The Boardwalk Presentation Centre at 370 Stewart Avenue in Nanaimo is now open Thursdays, Saturdays and Sundays from 1-4 p.m.

B.C. Assessment Notices – Out Today – Should Hold Steady in Nanaimo

Clarice — Tue, 03 Jan 2012 23:12:47 +0000

A stable housing market could give Nanaimo residents another break from double-digit increases on property values.
B.C. Assessment is mailing out thousands of notices on Vancouver Island this week, which it says will likely show minimal increases compared to previous years. A stable housing market will keep the average increase below 10 per cent with some property owners seeing a decrease of up to 5 per cent.
It’s good news for residents, who have seen year-over-year increases exceeding 20 per cent for the last decade leading up to 2009.
B.C. put a freeze on assessments for 12 months after the economy crashed in late-2008 and assessment numbers haven’t reached the same heights since, as the housing market recovers.
“The change from year-to-year is going to be very minimal because the market continues to remain steady,” said Bill MacGougan, assessor for the Vancouver Island Region. “It’s the same story for most of the province.”
Though Nanaimo hasn’t seen the spike in home construction and renovation as Victoria and Vancouver, the market is “slowly climbing back,” MacGougan said.

Excerpted from the Nanaimo Daily News

Bonnington Ridge Lots at Fairwinds Offer Ocean Views and Golf Course Living

Clarice — Wed, 28 Dec 2011 15:46:51 +0000

The residential lots for sale at Bonnington Ridge at Fairwinds on Vancouver Island offer a fabulous choice to build your dream home with stunning views of the ocean, golf course, and surrounding nature. This real estate project in the Faiswinds Community on central Vancouver Island, is set on a quiet cul-de-sac and has lots starting at $209,000. Four of the eight lots in Bonnington Ridge have sold.
In addition to being surrounded by the best of Vancouver Island nature, and located in one of the driest spots in the country, Fairwinds Community and Resort also offers a 360-slip marina, an 18-hole golf course, tennis courts, 20 kilometres of hiking trails and an indoor swimming pool.
This master-planned community is located on a peninsula that juts into the Strait of Georgia between Nanaimo and Parksville.
Fairwinds has developed a real estate community of 720 single-family homes, town houses and lots for new home

New Nanaimo Homes at The Boardwalk Set Steps From the Waterfront

Clarice — Tue, 20 Dec 2011 23:33:54 +0000

The Boardwalk is a collection of 33 new Vancouver Island ocean view townhomes and condominiums in Nanaimo, starting from $244,900. Located only steps from Nanaimo’s premiere waterfront walkway in the historic Newcastle area, The Boardwalk is “your path to Island living.”
These ocean view townhomes and condos features contemporary West Coast architectural design, and all concrete and steel construction.
Located only steps from the waterfront, these Nanaimo condos and town homes offer easy access to marinas, waterfront walkways and outdoor activities.
These new Vancouver Island homes are designed to take advantages of the views. Expansive windows bring in light to capture dazzling views of the water, city, marina and more. Soaring nine foot ceilings throughout expand the sense of light-filled spaciousness. Large private balconies and/or ground floor patios offer space for relaxing and taking in the views.
New homes at The Boardwalk range from 554 sq ft studio condominiums to 1355 sq ft 2 bedroom + den townhomes, and range in price from $244,900 to $629,000. The Boardwalk Presentation Centre at 370 Stewart Avenue in Nanaimo is now open Thursdays, Saturdays and Sundays from 1-4 p.m.
And now, purchase a new home at The Boardwalk by Dec. 31 and choose from a free car lease for a year or a $5,000 pre-paid Visa card. Only 5 are available – restrictions apply, speak to the sales team for details.

Vancouver Island University Building Gets A Living Roof

Clarice — Fri, 09 Dec 2011 21:35:07 +0000

A layer of topsoil on the roof of the Vancouver Island University‘s newest building will soon be blanketed with a multi-coloured display of ground-covering foliage.
A green roof planned for the aboriginal Gathering Place is finally being installed, two years after construction started on the building.
Green, or living roofs, benefit the environment by reducing atmospheric heating compared to artificial surfaces, and less runoff in winter.
A green roof reduces the heat island effect created when sunlight beats down on a large expanse of asphalt or other material. Like roads and concrete buildings, many traditional roofing materials transfer heat to the building interior, then continue to radiate that captured heat for hours after daytime temperatures cool. A green roof minimizes that effect and absorbs that heat. In winter, its insulating property has the opposite effect, preventing heat from escaping.
And unlike a conventional roof, rain won’t sheet off, reducing need for a drainage systems.

Ocean View Lots Waiting For Custom Home Construction at Bonnington Ridge, Fairwinds

Clarice — Thu, 24 Nov 2011 00:24:20 +0000

Only 4 residential building lots remain in the exclusive cul-de-sac subdivision of Bonnington Ridge in Fairwinds Resort Community. These lots offer ocean and golf course views with lots of space to build an executive home.
Set in the driest spot on Vancouver Island, Fairwinds in Nanoose Bay near Nanaimo, offers an 18 whole golf course, a marina and a community centre. Bonnington Ridge enjoys easy access to Fairwinds Centre. Available lots start at 209,000 and are .33 acre in size.
Site construction is completed and residential lots are ready for custom home construction.

Nanaimo Condo The Texada Offers Specials for New Buyers

Clarice — Tue, 15 Nov 2011 22:18:55 +0000

The Texada luxury waterview condominiums in Nanaimo on Vancouver Island are now more than 75% sold, and are offering new buyers a suite upgrade or move-in package worth more than $20,000. In addition, until the end of the year, they are offering a Christmas Special, which features a $3,000 gift. Terms & Conditions do apply – contact sales representatives for full details.
These new Nanaimo condominiums offer luxury touches including spa like ensuites, stainless steel appliance and hardwood floors. Superior sound attenuation, rain screens and double-glazed thermal low-e vinyl windows and sliding doors provide comfortable living spaces. And large patios and terraces offer ocean and mountain views.
To learn more about current incentives, stop by an open house daily, except for Fridays, from 11am to 4pm at 6310 McRobb Avenue, just off of Uplands Drive in Nanaimo.
Prices at the Texada start at $249,900.