Vancouver Island Real Estate Blog

Just a reminder that the DEADLINE for the Speculation and Vacancy Tax is today.

The letter should have been received mid January to mid February. Every registered owner of residential property in a designated taxable region must complete a declaration each year to declare their residency status and how their property has been used. You have to declare each year because your circumstances may change during the year. Your declaration is due on March 31 of each year.

The declaration can be made online HERE or if you would like to discuss with an agent, call 1-833-554-2323.

For single family homes, there were 11 units listed, 6 units reported sold, a 99% Sell Price to List Price percentage, and running at an average of 18 days on market.

For apartment style condos, there were 6 units listed, 2 units reported sold, a 93% Sell Price to List Price percentage, and running at an average of 58 days on market.

There were 8 single family homes sales in the Uplands area from January 1st, 2020 to February 29th, 2020. The breakdown of price by percentage is shown below:

Call us at 250-591-2611 if you have questions...

For single family homes, there were 5 units listed, 4 units reported sold, a 95% Sell Price to List Price percentage, and running at an average of 112 days on market.



For apartment style condos, there were 4 units listed, 1 unit reported sold at a 99% Sell Price to List Price percentage, and in 2 days on market.

There were 8 single family homes sales in the University District area from January 1st, 2020 to February 29th, 2020. The breakdown of price by percentage is shown below:

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For single family homes, there were 17 units listed, 7 units reported sold, a 100% Sell Price to List Price percentage, and running at an average of 15 days on market.


There were 17 single family homes sales in the South Nanaimo area from January 1st, 2020 to February 29th, 2020. The breakdown of price by percentage is shown below:

Call us at 250-591-2611 if you have questions about the South Nanaimo Real Estate Market, the worth of your home or...

For single family homes, there were 18 units listed, 8 units reported sold, a 97% Sell Price to List Price percentage, and running at an average of 52 days on market.



For apartment style condos, there were 5 units listed, 3 units reported sold, a 97% Sell Price to List Price percentage, and running at an average of 102 days on market.

There were 15 single family homes sales in the Qualicum Beach area from January 1st, 2020 to February 29th, 2020. The breakdown of price by percentage is shown below:

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COVID-19: Extra precautions recommended by Health Canada will be required to promote safe practices for viewing the property. 

Updated Uplands Family Home

5351 Colbourne Dr  |  MLS #467519  |  $549,900

• 3 Bedrooms  |  2 Bathrooms
• 1,333 square feet
• Spacious Open Plan
• Large Kitchen
• Covered Rear Patio Perfect for BBQ’s
• Flooded with Natural Light
• Natural Gas Fireplace
• High Efficiency Gas Furnace w/ Air Conditioner
• Overheight Garage
• Fenced Yard

...

For single family homes, there were 33 units listed, 21 units reported sold, a 96% Sell Price to List Price percentage, and running at an average of 61 days on market.



For apartment style condos, there were 10 units listed, 2 units reported sold, a 99% Sell Price to List Price percentage, and running at an average of 6 days on market.

There were 38 single family homes sales in the Parksville area from January 1st, 2020 to February 29th, 2020. The breakdown of price by percentage is shown below:

Call us at 250-591-2611 if you have...

It is unsure times for many and we want to help pass on as many resources as possible. If you have been laid off or are unable to work due to COVID-19 and require financial assistance there are ways that the Canadian Governement is trying to help.

Apply for Employment Insurance HERE

The NEW Canada Emergency Response Benefit is also available to some. To read the Department of Finance Canada's March 25th news release concerning eligibility, click HERE

If you are sick, quarantined or have been directed to self-isolate, you can apply for Employment Insurance Sick Benefits HERE

In addition,...

For single family homes, there were 6 units listed, 2 units reported sold, a 99% Sell Price to List Price percentage, and running at an average of 22 days on market.


For apartment style condos, there were 15 units listed, 3 units reported sold, a 96% Sell Price to List Price percentage, and running at an average of 19 days on market.

There were 2 single family homes sales in the Old City area from January 1st, 2020 to February 29th, 2020. The breakdown of price by percentage is shown below:

Call us at 250-591-2611...