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OPEN HOUSE: Sunday, February 26th from 1pm to 3:30pm!

No HST!!!! No strata fees!!! Perfect for young families or first time home buyers. This recently renovated half-duplex features high-end laminate and tiled floors, a new kitchen, newer windows, new carpet on stairs (with a new railing), new rear balcony, newer appliances, new lighting fixtures, and much more. Lots of storage. Fireplace in living room makes for comfy living. Includes window coverings. Fully fenced yard. New roof Jan 2012. Walking distance to schools. A short drive or bike ride to downtown Ladysmith. 10 - 15 minutes to BC Ferries or the airport. 15 - 20 minutes to Nanaimo. 25 minutes to Duncan! On a cul-de-sac. Lots of parking available. Low taxes. Why rent when you can own this property for 30% less? Ownership from $870/month with 5% down! Special financing available! Make an appointment to view today! **NOT in the Ladysmith area? No problem - call us and we can set up a live video tour/showing via Skype or Facetime on your computer, ipad, or smart phone.

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NO HST!! Immediate possession available!! One of the best deals in Nanaimo! This double wide 3 bedroom/2 bathroom mobile home is set in a quiet well kept mobile home park. Pets and kids allowed. Features include a large open kitchen with dining area, sizeable living room with vaulted ceilings, generous sized bedrooms, new roof and skylights, and a laundry/utility room. Lots of sun exposure keeps this unit sunny and bright. Lots of parking available (including secure storage area in park for RVs and boats). Private yard with deck makes for wonderful summer afternoons. A short drive to south end shopping or to downtown. Easy access to ferries and airport. Perfect for young family or retirees.

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Like new 2 bed, 2 bath plus den home in the Diver Lake area. This 1,505 sqft rancher features an open concept living space with a large kitchen with stainless steel appliances and a beautifully glass tiled backsplash. Vaulted ceilings in the living room with custom audio throughout the home makes for great entertaining. Hardwood flooring almost throughout the home and slate tile in the entranceway, bathroom and ensuite. The large master bedroom has a spacious walk in closet and 3 piece ensuite with heated tile for those cold mornings. Outside features stone trim detailing, double garage and a wonderfully landscaped yard with plenty of plants, shrubs and rock work. An underground sprinkler system keeps your lawn green during the warmer months. Hunter Douglas window coverings, security system and a fully fenced yard. This home is a must see.

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OPEN HOUSE: Saturday, February 18th from 1:30pm to 3:30pm!

NO HST! This totally renovated home is located in the desirable Cilaire neighbourhood just off of Departure Bay. Updates include: totally new kitchen with brand new cabinets and solid granite counter tops; 3 all-new bathrooms, expanded Master Bedroom; new windows, new light fixtures, new hardwood flooring and carpet; some new exterior siding. Shows like new! Other features include a massive rear deck accessible from the Master Bedroom; a well manicured rear yard with fruit trees; a massive crawl space with easy access for storage; a newer gas furnace; newer roof; RV and boat parking. Newly paved road in front of house (est April 2011) thanks to the City. Walking distance to school, Departure Bay Beach, shopping at Brooks Landing, and bus routes. Perfect home for retirees or young families. This home is move-in ready. Make an appointment today!

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OPEN HOUSE: Sunday, February 19th from 12pm to 2pm!

No HST! Shows like new! This affordable rancher is perfectly suited to first-time buyers, young couples, or seniors. Recently renovated with new flooring, new modern paint colours,new light fixtures, and updated high-end stainless steel appliances. Features include a large bright living room/ kitchen/ dining area; a sizeable master bedroom with ensuite; a huge rear deck for soaking up the summer sunshine; a partly covered front porch perfect for bbq's and general lounging; a lengthy car port with storage locker; two additional yard storage sheds (one is a wired 16 x 8 workshop); and lots of extra parking space for boats or RVs. Very private yard. Heated crawlspace. This is a freehold property with no pad fees. Low taxes. Located on a quiet dead-end street in North Ladysmith. Easy access to the airport, BC Ferries, downtown Ladysmith, and all schools. Trolly bus stop nearby. Own for $1200 or less a month with 5% down. Make an appointment to view today!

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OPEN HOUSE: Sunday, February 19th from 2:30pm to 4pm!

** NO HST!! ** Family oriented park. Pets OK with approval. This unit is located between South Nanaimo and the airport in a sunny rural location! With low pad fees and positioned across from the community's small park - this double-wide mobile home is affordable living at it's best! Recent improvements include new siding, new windows, new carpet in living room, new lino in kitchen, some updated plumbing and electrical work, and a renovated covered deck. The living room in this unit is huge and could be sectioned off for a den or 4th bedroom. A large private fenced yard backs onto rural pasture land. Lots of parking available. Great price!

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OPEN HOUSE: Saturday, February 18th from 11am to 1pm!

No HST!!!! No strata fees!!! Perfect for young families or first time home buyers. This recently renovated half-duplex features high-end laminate and tiled floors, a new kitchen, newer windows, new carpet on stairs (with a new railing), new rear balcony, newer appliances, new lighting fixtures, and much more. Lots of storage. Fireplace in living room makes for comfy living. Includes window coverings. Fully fenced yard. New roof Jan 2012. Walking distance to schools. A short drive or bike ride to downtown Ladysmith. 10 - 15 minutes to BC Ferries or the airport. 15 - 20 minutes to Nanaimo. 25 minutes to Duncan! On a cul-de-sac. Lots of parking available. Low taxes. Why rent when you can own this property for 30% less? Ownership from $870/month with 5% down! Special financing available! Make an appointment to view today! **NOT in the Ladysmith area? No problem - call us and we can set up a live video tour/showing via Skype or Facetime on your computer, ipad, or smart phone.

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OPEN HOUSE: Sunday, February 12th from 12pm - 2pm

NO HST! This south Ladysmith rancher is an excellent value for buyers looking for a level entry "no stairs" home. Located on a quiet cul-de-sac, this well cared for home features 1700 sq ft of living space with a bonus 7' crawlspace area that can be used for a workshop or for storage (with a door access from the side of the house). The interior is newly painted and features a large open kitchen/nook/family room with skylights, plenty of track lighting, a gas range, sliding glass pocket doors, and a gas fireplace; an open living room with a feature bay window and a dining area (with hutch bump out); the oversized master bedroom includes a massive walk-in closet and a 3 piece ensuite. Two more sizeable bedrooms, a laundry room, another bathroom, and an inviting front foyer round out this comfy home. Outside is a private back yard with a deck at the rear; in front includes a patio area and a well manicured front lawn with in-ground sprinkler. Lots of RV/boat parking on right side.

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OPEN HOUSE: Sunday, February 12th from 1pm - 4pm

NO HST! This totally renovated home is located in the desirable Cilaire neighbourhood just off of Departure Bay. Updates include: totally new kitchen with brand new cabinets and solid granite counter tops; 3 all-new bathrooms, expanded Master Bedroom; new windows, new light fixtures, new hardwood flooring and carpet; some new exterior siding. Shows like new! Other features include a massive rear deck accessible from the Master Bedroom; a well manicured rear yard with fruit trees; a massive crawl space with easy access for storage; a newer gas furnace; newer roof; RV and boat parking. Newly paved road in front of house (est April 2011) thanks to the City. Walking distance to school, Departure Bay Beach, shopping at Brooks Landing, and bus routes. Perfect home for retirees or young families. This home is move-in ready. Make an appointment today!

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OPEN HOUSE: Sunday, February 12th from 2:15pm - 4pm

No HST!!!! No strata fees!!! Perfect for young families or first time home buyers. This recently renovated half-duplex features high-end laminate and tiled floors, a new kitchen, newer windows, new carpet on stairs (with a new railing), new rear balcony, newer appliances, new lighting fixtures, and much more. Lots of storage. Fireplace in living room makes for comfy living. Includes window coverings. Fully fenced yard. New roof Jan 2012. Walking distance to schools. A short drive or bike ride to downtown Ladysmith. 10 - 15 minutes to BC Ferries or the airport. 15 - 20 minutes to Nanaimo. 25 minutes to Duncan! On a cul-de-sac. Lots of parking available. Low taxes. Why rent when you can own this property for 30% less? Ownership from $870/month with 5% down! Special financing available! Make an appointment to view today! **NOT in the Ladysmith area? No problem - call us and we can set up a live video tour/showing via Skype or Facetime on your computer, ipad, or smart phone.

See details here

OPEN HOUSE: Sunday, Feb. 4th from 12pm to 4pm

NO HST! This totally renovated home is located in the desirable Cilaire neighbourhood just off of Departure Bay. Updates include: totally new kitchen with brand new cabinets and solid granite counter tops; 3 all-new bathrooms, expanded Master Bedroom; new windows, new light fixtures, new hardwood flooring and carpet; some new exterior siding. Shows like new! Other features include a massive rear deck accessible from the Master Bedroom; a well manicured rear yard with fruit trees; a massive crawl space with easy access for storage; a newer gas furnace; newer roof; RV and boat parking. Newly paved road in front of house (est April 2011) thanks to the City. Walking distance to school, Departure Bay Beach, shopping at Brooks Landing, and bus routes. Perfect home for retirees or young families. This home is move-in ready. Make an appointment today!

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OPEN HOUSE: Sunday, Feb. 5th from 12pm to 4pm

NO HST! This totally renovated home is located in the desirable Cilaire neighbourhood just off of Departure Bay. Updates include: totally new kitchen with brand new cabinets and solid granite counter tops; 3 all-new bathrooms, expanded Master Bedroom; new windows, new light fixtures, new hardwood flooring and carpet; some new exterior siding. Shows like new! Other features include a massive rear deck accessible from the Master Bedroom; a well manicured rear yard with fruit trees; a massive crawl space with easy access for storage; a newer gas furnace; newer roof; RV and boat parking. Newly paved road in front of house (est April 2011) thanks to the City. Walking distance to school, Departure Bay Beach, shopping at Brooks Landing, and bus routes. Perfect home for retirees or young families. This home is move-in ready. Make an appointment today!

The Bank of Montreal poured cold water on the idea Canada's housing market could be headed for a crash, suggesting that prices are only "moderately high across the country."

 

"Expect the housing boom to cool rather than crash," BMO's chief economist Sherry Cooper and senior economist Sal Guatieri said in a report published Monday.

 

"While the housing boom is unlikely to continue unless mortgage rates drop much further, neither is it likely to bust."

The bank says home values are indeed rising at a faster pace than they used to, but the signs are pointing to a soft landing where prices stabilize — not a hard correction where prices drop quickly by 20 per cent or more.

 

"In our view, the national housing market is more like a balloon than a bubble," the bank said. "While bubbles always burst, a balloon often deflates slowly in the absence of a pin."

 

But demographic factors, consistently low interest rates, low construction costs and an influx of foreign buyers make it likely that no such pin will materialize for the foreseeable future, the bank said.

 

Average prices have grown more than twice as fast as family incomes since 2001, but BMO's report argues there's no reason to panic yet.

 

Nationally, home prices are 4.9 times higher than the average household income. A decade ago, that ratio was at 3.2.

 

Some cities are hotter than others. Vancouver's ratio currently sits at 10 times higher than average household income, Toronto's is at 6.7, Montreal's is at 4.5 while Halifax is at 3.8. Those are all on the high side, but if the market cools, that will allow incomes to catch up and move the price-to-income ratio lower, the bank argues.

The latest data from the Canadian Real Estate Association shows the national average price was $347,801 in December, a 0.9 per cent increase over the previous 12 months. That was the lowest level of growth since October 2010 and well below inflation, a possible sign that the market is already cooling.

 

The bank does note, however, three risks to the outlook. A sudden hike in interest rates, a widespread Canadian recession, or an economic slowdown in Asia reducing the number of foreign buyers would all take the air out of Canada's housing market.

 

"But barring one of these triggers, however, a dramatic correction is unlikely," the bank said.

 

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OPEN HOUSE: Sunday, January 29th from 1pm to 3pm

NO HST! This totally renovated home is located in the desirable Cilaire neighbourhood just off of Departure Bay. Updates include: totally new kitchen with brand new cabinets and solid granite counter tops; 3 all-new bathrooms, expanded Master Bedroom; new windows, new light fixtures, new hardwood flooring and carpet; some new exterior siding. Shows like new! Other features include a massive rear deck accessible from the Master Bedroom; a well manicured rear yard with fruit trees; a massive crawl space with easy access for storage; a newer gas furnace; newer roof; RV and boat parking. Newly paved road in front of house (est April 2011) thanks to the City. Walking distance to school, Departure Bay Beach, shopping at Brooks Landing, and bus routes. Perfect home for retirees or young families. This home is move-in ready. Make an appointment today!

See details here

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OPEN HOUSE: Saturday, January 28th from 1pm to 3:30pm

NO HST! This north Ladysmith rancher is an excellent value for buyers looking for a level entry "no stairs" home. Located on a quiet cul-de-sac, this well cared for home features 1700 sq ft of living space with a bonus 7' crawlspace area that can be used for a workshop or for storage (with a door access from the side of the house). The interior is newly painted and features a large open kitchen/nook/family room with skylights, plenty of track lighting, a gas range, sliding glass pocket doors, and a gas fireplace; an open living room with a feature bay window and a dining area (with hutch bump out); the oversized master bedroom includes a massive walk-in closet and a 3 piece ensuite. Two more sizeable bedrooms, a laundry room, another bathroom, and an inviting front foyer round out this comfy home. Outside is a private back yard with a deck at the rear; in front includes a patio area and a well manicured front lawn with in-ground sprinkler. Lots of RV/boat parking on right side.

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OPEN HOUSE: Saturday, January 28th from 1:30 to 3:30pm!

NO HST!!! This 3 bedroom family home has been fully renovated - making it an excellent value for first-time buyers and families. Updates include all new vinyl windows; refinished hardwood floors through the living room and upstairs bedrooms; tile floors throughout kitchens and bathrooms; new custom made Pine kitchen cabinets; newly tiled backsplash in kitchen; spa-like bathroom with air-jet soaker tub and separate glass-enclosed shower plus a heated tile floor; low-flush toilets; updated light fixtures and window coverings - and much more. A pellet stove in the living room helps heat the house in the winter time. An extra family room downstairs is perfect for the kids or as a "man-cave". The long driveway is perfect for multiple vehicles - an area beside the house is perfect for boat or RV parking. The south-facing fully fenced rear yard includes a garden, deck, and shed. Located on a quiet street within walking distance to schools and downtown Ladysmith!

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OPEN HOUSE: Sunday, January 22nd from 1pm to 3:30pm

No HST !!! This well maintained rancher has plenty of unique features and updates: New counter tops accent a large bright kitchen area with breakfast bar; a covered rear patio for lazy summer afternoons, a fully fenced yard, a newer roof, a feature gas fireplace in a large living room, a 3 bay garage (perfect for using as a workshop for weekend projects), and ample room for R/V and boat parking. Located on a quiet residential road. Down the street from access paths into Buttertubs Marsh (great for nature lovers or dog walkers!). Walking distance to Vancouver Island University, the Aquatic Centre, the Ice Arena, all range of schools, Quarterway Pub, and 2 fitness centres! Several bus routes nearby. Easy to convert into a wheelchair accessible home. Own from $1314/month with 5% down. Make an appointment today!

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OPEN HOUSE: Saturday, January 28th from 10am to 1pm!

No HST! Shows like new! This affordable rancher is perfectly suited to first-time buyers, young couples, or seniors. Recently renovated with new flooring, new modern paint colours,new light fixtures, and updated high-end stainless steel appliances. Features include a large bright living room/ kitchen/ dining area; a sizeable master bedroom with ensuite; a huge rear deck for soaking up the summer sunshine; a partly covered front porch perfect for bbq's and general lounging; a lengthy car port with storage locker; two additional yard storage sheds (one is a wired 16 x 8 workshop); and lots of extra parking space for boats or RVs. Very private yard. Heated crawlspace. This is a freehold property with no pad fees. Low taxes. Located on a quiet dead-end street in North Ladysmith. Easy access to the airport, BC Ferries, downtown Ladysmith, and all schools. Trolly bus stop nearby. Own for $1200 or less a month with 5% down. Make an appointment to view today!

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