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I have sold a property at 1023 Englewood Ave in Langford

I have sold a property at 1023 Englewood Ave in Langford on Nov 27, 2024. See details here

Prepare to be wowed by this nearly new,5-bed,3-bath home exuding both style and functionality.The gourmet kitchen will inspire your inner chef! Complete with a huge walk-in pantry,and large island, meal prep and gatherings become effortless.The kitchen flows into the open dining/living areas,perfect for entertaining!The home feels grand and airy with 9' ceilings accentuated by oversized windows adorned with privacy blinds.Convenience is key with laundry and storage easily accessible including the double garage and easy access stairs to the crawlspace.Upstairs, four fantastic bedrooms, including a luxurious primary suite with oversized walkthrough closet and ensuite, complete with heated flooring ,soaker tub, and separate shower.Efficiency meets comfort with a heat pump,HW on demand, and cozy gas fireplace, ensuring year-round comfort.Bask in the sunshine in the flat, fully fenced SOUTHWEST facing yard, perfect for outdoor activities! Year round BBQ's on the covered patio! Welcome Home!

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New property listed in Co Royal Bay, Colwood

I have listed a new property at 260 Caspian Dr in Colwood. See details here

Welcome to the Best-Priced Single-Family Home in Royal Bay! This 5-bedroom, 4-bathroom home has everything you need—and more. Nestled in a community designed for outdoor living, you'll love the endless trails, bike paths, and proximity to top-rated schools. It's the perfect place to live, grow, connect and enjoy life’s best moments. Inside, the spacious and functional living areas have plenty of room for everyone. The modern kitchen is equipped with quartz countertops, stainless steel appliances and a gas range ideal for hosting. Step outside to your fully fenced backyard, perfect for play or relaxation, with convenient access to a double detached garage. Located just a short stroll from Royal Beach Park and the vibrant Commons Retail Village, you'll enjoy dining, shopping and services at your fingertips. With a natural gas furnace and on-demand hot water, this home offers the best of West Coast living in a growing and welcoming community. Don't wait, give us a call today!

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Open House. Open House on Saturday, November 30, 2024 12:00PM - 2:00PM

Please visit our Open House at 260 Caspian Dr in Colwood. See details here

Open House on Saturday, November 30, 2024 12:00PM - 2:00PM

Welcome to the Best-Priced Single-Family Home in Royal Bay! This 5-bedroom, 4-bathroom home has everything you need—and more. Nestled in a community designed for outdoor living, you'll love the endless trails, bike paths, and proximity to top-rated schools. It's the perfect place to live, grow, connect and enjoy life’s best moments. Inside, the spacious and functional living areas have plenty of room for everyone. The modern kitchen is equipped with quartz countertops, stainless steel appliances and a gas range ideal for hosting. Step outside to your fully fenced backyard, perfect for play or relaxation, with convenient access to a double detached garage. Located just a short stroll from Royal Beach Park and the vibrant Commons Retail Village, you'll enjoy dining, shopping and services at your fingertips. With a natural gas furnace and on-demand hot water, this home offers the best of West Coast living in a growing and welcoming community. Don't wait, give us a call today!

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Understanding the Recent Drop in Canadian Rents

The Canadian rental market has reached an interesting turning point. For the first time in over three years, average asking rents have declined, according to a recent report from Rentals.ca and Urbanation. This 1.2% drop in October compared to the same time last year reflects a national average rent of $2,152 per month. 

The most significant declines were seen in cities like Vancouver (-9.1% for one-bedroom units) and Toronto (-8.7%), driven by a mix of factors: 

   - A cooling economy 

   - Slower population growth 

   - Improved homeownership affordability 

   - Record apartment completions 

What Does This Mean for Investors? 

While declining rents in major urban centers might be concerning for some, it’s worth noting that smaller, traditionally affordable markets like Saskatchewan and Nova Scotia are seeing double-digit increases. Saskatchewan rents rose 17.1% year-over-year, while Nova Scotia climbed 9.6%. 

What to Watch For 

Looking ahead, market dynamics suggest this trend may persist in the short term, particularly as apartment construction remains high. However, three-bedroom apartments appear more resilient, with fewer declines or even increases in rents across most provinces. 

As a property manager, I see these fluctuations as an opportunity to strategize and adapt. Understanding market shifts like these is key to maintaining profitability and meeting tenant needs. 

If you’d like to discuss how this could impact your rental property or investment decisions, I’d be happy to help. 

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I have sold a property at 933 Matticks Wood Lane in Saanich

I have sold a property at 933 Matticks Wood Lane in Saanich on Oct 31, 2024. See details here

Welcome to coveted Mattick's Wood, close to the ocean, golf and quick access to town or the Saanich Peninsula. Set at the end of a cul de sac, you'll immediately be impressed with this meticulous Arts and Craft home on a large 16,000+ sq ft lot. Stepping inside you're greeted by a large entry with a bright and unique great room with 17' ceilings, renovated kitchen with a gorgeous, custom island and separate dining space which could be reimagined to suit your needs. The gorgeous engineered hardwood flooring provides great warmth and the floorplan flows easily into a primary bedroom on the main with ensuite & walk-in closet. Another room could be a den or bedroom - offering flexibility for your family or the executive couple. Upstairs are 3 more large rooms, 2 with decks and ocean glimpses, and any would make a great second primary bedroom. Abundant storage throughout, 2 car garage plus a separate garage mean even more possibilities for your family, this spacious home is simply perfect.

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