I just finished uploading this 1 1/2 storey home for sale, 124 Rendall Street, James Bay, Victoria, BC

In James Bay village, at the intersection of Menzies, Simcoe and Toronto Streets (1 block west and 3 blocks southwest of the Fairmont Empress Hotel), you will find a government liquor store, a small shopping center with Thrifty Foods, a Starbucks, a barber, and so much more!  Below is a photo of the Parliament buildings located in James Bay!

OAK BAY REAL ESTATE UPDATE APRIL 2008

In Oak Bay, we had 31 home sales for the month.  Year to date we have had 79 single family home sales.  Prices started at the $525,000. - $549,999. range with one sale for April and all the way up to $2,000,000. - $2,999,999. showing 2 sales (happy to say one of those sales I helped negotiate...smile)  Sales in the $725,000. - $774,999. price range seemed to be popular showing 4 sales and finishing off with 7 sales in the $1,000,000. - $1,999,999. price range!

Condominium sales showed 6 sales for the month of April and 16 sales year to date.  One being in the $200,000. - $224,999. range another in the $250,000. - $274,999. range, 2 sales between $325,000. - $349,999. 1 sale between $350,000. - $374,999. and finishing off with a sale in the $525,000. - $549,999. price range.  I found this interesting.

Also, if you haven't discovered 'Charelli's' located at 2863 Foul Bay Road you may want to.  It is a fabulous Delicatessen, Cheese Shop and provides wonderful catering.  It is a very special and unique place in Oak Bay.  Today I purchased Onion Cheddar and Mango Stilton...Their web site is www.charellis.com and the phone number is 250.598.4794 - delicious! 

If you would like to discuss real estate in Victoria please call me and stay tuned for more updates.

 

I just finished uploading this Condominium for sale, #607-827 Fairfield Road, Fairfield, Victoria, BC

A block from the Empress Hotel, Inner Harbour, shops and theatres, this delightfully bright, east facing, penthouse floor suite in "CityPlace" offers all the advantages of downtown living.  A spacious living/dining room with gas fireplace and a balcony overlooking St. Anne's Academy and the mountains beyond.  Custom built kitchen with granite countertops, stainless steel appliances and laundry.  One bedroom plus den.  9' ceilings.  Modern bathroom with glass door and soaker tub.  Wood flooring. A rare underground secure parking space and storage space.  Downtown parking! Wow.  Only 53 suites in this building.  Come and see if the cosmopolitan lifestyle suites you.

I just sold this New Construction at #A507 389 Tyee Road, Victoria, BC .  The development is called Dockside Green.  It is an amazing development and is continuing with the next phase.

View this recently sold New Construction or see all my home sales

I just finished uploading this House for sale, 893 Maltwood Terrace, Broadmead, Saanich East, BC

Beautiful, Bright & Renovated. This terrific executive home in Broadmead has a unique feature that makes it not only fantastic but versatile. Begin with luxurious one level living on the main floor showing off gleaming hardwood floors, 3 bedrms, Master bedrm has a 5pc ensute, family room w/gas fireplace & access to a sun drenched deck. Now add 2200 sq.ft. of fully finished walkout, lower level living! Perfect for in laws, staff or guests.

Victoria Real Estate

Tony Joe (Victoria Real Estate Board President) recently held a 'Crystal Ball Outlook' at the Ambrosia Event Centre in January with other presenters and offered a positive outlook for the year.

Tony noted that both sales and overall prices increased moderately last year and there is every indication that, barring unforeseen political or economic circumstances, we can expect a strong, stable and balanced market for the rest of this year.  Tony summarized the situation as follows:  "It's likely that the rate of increase in prices will be in the single digit territory with continued strong demand resulting in healthy sales."  Tony noted that Victoria will always be one of the most desirable places in Canada in which to live, "In the long-term that can only mean a strong and healthy real estate market."

Cameron Muir,  (British Columbia Real Estate Association's Chief Economist) noted that British Columbia is out performing the national average in terms of economic growth; inflation is under control and consumer confidence remains strong.

Lee King, (CMHC Corporate Representative) predicted housing starts would decline slightly this year and noted that rents are rising at about five per cent a year and Victoria has the lowest rental vacancy rate of any metro area in Canada at 0.5 per cent.

If you have any real estate needs or wants please contact Brenda.  I hope this was interesting for you...stay tuned for more updates.

Brenda just finished uploading this Condominium for sale, 112 - 1400 Newport Ave, Oak Bay, Victoria, BC

A bright, spacious corner suite with new vinyl windows and unique sliding french doors leading to a balcony which can be opened to allow access to the unique peaceful calm of the buildings park-like grounds. Hardwood floors under the carpet.  A super South Oak Bay location. Oak Bay village minutes away to the left and Oak Bay Marina appox. a 10 minute walk to the right. On bus route to downtown with connections to UVIC/Camosun Collage. One covered parking spot 'Strata Lot 19' paying parking strata fee of $3.00 per month. A rare find.

In the latest budget, the provincial government has raised the Property Transfer Tax exemption threshold from $375,000. to $425,000. to help first time home buyers.  Attached please find the latest bulletin from the Ministry of Small Business and Revenue that provides details regarding the Property Transfer Tax.

I just sold this Condominium at #207- 2277 Oak Bay Avenue, Oak Bay, Victoria, BC .  The complex name is "The Hamilton" and is located directly across from the Italian bakery and delicatessen called "Ottavio" (www.ottaviovictoria.com).  

View this recently sold Condominium or see all my home sales

I just sold this House at 893 Maltwood Terrace, Broadmead,Victoria, BC .

View this recently sold House or see all my home sales

I just sold this House at 2385 Zela Road, Oak Bay, Victoria, BC .

View this recently sold House or see all my home sales