parksville qualicum weekly real estate

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FEATURE HOME FEATURE HOME See inside for this feature listing. See inside for this feature listing. Friday, January 21, 2011 The News Friday, January 21, 2011 The News b c l o c a l h o m e s . c o b c l o c a l h o m e s . c o m FREE FREE Compliments of your local Realtors m m Compliments of you local Realtors WEEKLY The Most Current Weekly Guide to Real Estate in Parksville, Qualicum Beach & the Surrounding Areas. BEST PRICE + BEST QUALITY + BEST SECURITY = BEST SOLUTION! For All Your Residential & Commercial Moving & Storage Needs... BEST PRICE + BEST QUALITY + BEST SECURITY = BEST SOLUTION! For All Your Residential & Commercial Moving & Storage Needs... www.bekins.ca www.bekins.ca Parksville 250.248.8805 250.248.8805 Nanaimo 250.754.1500 250.754.1500 Pt. Alberni 250.720.2291 250.720.2291 Duncan 250.748.5900 250.748.5900 Your Satisfaction is Guaranteed. *Full details and Guarantee Certificate available from your moving consultant. Local Moves and Across the Country LOOK INSIDE! • Upcoming Open Houses • 100’s of New Listings • Featured Properties

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Your guide to real estate for sale in Parksville, Qualicum and surrounding areas

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Page 1: Parksville Qualicum Weekly Real Estate

FEATURE HOMEFEATURE HOME See inside for this feature listing. See inside for this feature listing.

Fri

day

, Jan

uar

y 21

, 201

1 •

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ews

Fri

day

, Jan

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y 21

, 201

1 •

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bclocalhomes.co

bclocalhomes.com

FREEFREECompliments of your

local Realtors mm

Compliments of youlocal Realtors

W E E K L Y

The Most Current Weekly Guide to Real Estate in Parksville, Qualicum Beach & the Surrounding Areas.

BEST PRICE + BEST QUALITY + BEST SECURITY = BEST SOLUTION! For All Your Residential & Commercial Moving & Storage Needs... BEST PRICE + BEST QUALITY + BEST SECURITY = BEST SOLUTION! For All Your Residential & Commercial Moving & Storage Needs... www.bekins.cawww.bekins.ca

Parksville 250.248.8805250.248.8805 Nanaimo 250.754.1500250.754.1500Pt. Alberni 250.720.2291250.720.2291 Duncan 250.748.5900250.748.5900

Your Satisfaction is Guaranteed.*Full details and Guarantee Certifi cate available from your moving consultant.

Local Movesand Across the Country

LOOKINSIDE!

• Upcoming Open Houses

• 100’s of New Listings

• Featured Properties

Page 2: Parksville Qualicum Weekly Real Estate

C2 • THE NEWS, Friday, January 21, 2011 www.bclocalhomes.com

MOVING CHECKLISTGet Organized with this Handy Moving Checklist!Organization is the key to a successful move! Use this helpful checklist to get things done at the right time. Start early and refer to this list often!

6 - 8 Weeks Before Move

■ If you’re using a moving company, check to make sure your move is scheduled.

■ Make a list of items you want to take with you and what you want to toss. Consider donating unwanted items to charity or hold a garage sales.

■ If you’re doing your own packing, gather supplies you need (boxes, tape, markers).

■ Develop a fl oor plan of your new home’s layout, noting where each item will go. This will help reduce the stress of making decisions later.

■ Get to know your new community. The local Chamber of Commerce can provide information on schools, community programs, parks & recreation facilities.

■ Finalize all real estate or rental needs.

■ Contact your insurance agent to transfer medical, property, fi re & auto insurance.

■ Put all medical / dental records in a safe and accessible place. Be sure to include prescription and vaccination records.

■ Notify schools in the old and new locations and arrange to transfer school records. Start the process of registering in new schools.

4-5 Weeks Before Move

■ Contact or visit your local Post Offi ce to obtain a Change of Address form.

■ Notify family, friends, banks, insurance & credit card companies, doctors, dentists, clubs, associations and magazine / newspaper subscriptions about your move.

■ Contact utility providers (telephone, gas, electric, TV and trash collection) at new and old locations to make arrangements for connections and disconnections.

■ Complete banking arrangements in old & new locations and transfer funds to your new bank.

■ Check requirements for new driver’s licence and auto registration in your destination province.

3 Weeks Before Move

■ Make transportation arrangements for pets. Take them to your veterinarian for a complete check-up. Ask for a certifi cate stating their clean bill of health.

■ Gather all important documents, such as wills, stock certifi cates, and other unique items (jewelry, coin collection, photos). Place them in one easily identifi able and easy to locate folder or box, so you can take them with you on moving day.

■ Collect items that are being repaired, stored, or cleaned (clothing, shoes, etc.)

2 Weeks Before Move

■ Transfer all prescriptions to a pharmacy in your new neighbourhood. Clear out safety deposit boxes.

■ Back up all your computer fi les. Disconnect and pack your computer system.

■ Make fi nal packing decisions. Clean and clear your home including closets, basement and attic.

■ Drain your lawn mower and power tools of all fl uids for safe transportation.

■ If you need extra storage, contact a storage provider.

■ Have your vehicle serviced if you plan to travel by car.

■ Cancel newspaper subscription and other regular activities.

■ Arrange for a baby sitter fi r your kids during the loading and unloading process.

1 Week Before Move

■ Make sure you haven’t overlooked anything in the house. Check, double-check, and re-check!

■ Empty, defrost, and clean your refrigerator, freezer, and your stove at least 24 hours before moving to let them air out.

■ Pick up any dry cleaning or laundry and pay any outstanding bills you may have with local businesses.

■ Return videos, library books and anything you borrowed from the neighbors.

■ Gather keys, alarm codes, and garage door openers to hand them over to the new owners or realtor.

Moving Day!

■ Hand over keys, alarm codes, and garage door remote controls to the new owner or realtor.

■ Clean your house as much as you can before your moving crew arrives. Search every room and closet before the movers arrive to be sure you haven’t forgotten anything.

■ Keep your fl oor plan on hand as a reference, for both you and the movers.

■ Find a safe, quiet place for pets so they aren’t in the way of the moving crew.

■ Verify that all utilities have been disconnected in your old home and connected in your new home. Have your phone connected a day before move-in day.

W E E K L Y

bclocalhom

es.com

bclocalhom

es.com

FREE

BBrendarenda NicollsNicolls250-248-8371250-248-8371

A portion of everycommission is donated to the OceansideHospice Association.

Personal Real Estate CorporationPersonal Real Estate Corporation

[email protected] [email protected] ll www.brendanicolls.com www.brendanicolls.com

NEW LISTINGNEW LISTING

Lovely mountain views South facing back garden 1600 sq. ft., 3 bed, 2 bath rancher on crawl Great fl oor plan, sunroom off the family room Walk to the Beach, Town and Trails

498 Maquinna Place, Qualicum Woods

n

OPEN HOUSE

SAT. 12-3

Call for a professional evaluation. NO cost. NO obligation. NO pressure!

[email protected]

Toll Free 1-888-954-4433

“Let Me Work for You!”DaleRUMMINGRUMMING P.R.E.C.

$479,900

• Zoned home based business, close to Coombs market• Totally renovated Character home• New septic, well, roof windows and more!• Huge shop with offi ce and mezzanine

• Fairwinds Beauty, golf & ocean views• Large family room and rec room• Perfect for a growing family, 3100 sq ft,12 rooms• Close to Fairwinds Club House $649,900

1350 PRICE ROAD OPEN HOUSE Sun., Jan. 23 - 1-3pm

$539,900

• Beautifully done, stone fl ooring hardwood• New doors, mouldings & trim, new roof• 5 acres, treed lot, allows for another residence

• Private & fenced, pets allowed• Drywalled, 2x6 construction, new roof• Updated appliances, home 11 yrs old• Large shed, Covered deck $89,900

• Fantastic 3 bedroom, 2 bath • 55+ park, pets allowed• Rent or own, • Pad fees $325/mo. (3 months free) $134,900

“Full schedule for FREE INFORMATION SEMINARS next week!”If you have questions, 250-248-5940

Page 3: Parksville Qualicum Weekly Real Estate

THE NEWS, Friday, January 21, 2011 • C3 www.bclocalhomes.com

W E E K L Y

fi nd your next home herefi nd your next home here

and now online at www.bclocalhomes.comand now online at www.bclocalhomes.com

250-248-8371 250-248-8371 www.brendanicolls.comwww.brendanicolls.com

Brenda renda NicollsNicollsRalph Kretzschmar in attendance

Lovely mountain views• South facing back garden• 1600 sq ft , 3 bed, 2 bath rancher on crawl• Great fl oor plan, sunroom off the family room• Walk to the Beach, Town and Trails•

498 Maquinna Placein Qualicum Woods

R

•••••

OPEN HOUSE SAT., JAN 22, 12-3 PM

Personal Real Estate Corporation

Private and attractive home on a quiet cul-de-sac in the ever popular Eaglecrest area. This 3 bedroom, 2300 sq.ft. home boasts character and charm throughout, and includes a 16 ft. high, open beamed great room that overlooks the park-like garden through leaded glass windows. Two fi replaces keep the home warm and cozy. The fully fenced, well established yard is complete with a fi sh pond, new decks, and backs onto Queens land greenbelt. Wonderful home for entertaining. Located just minutes to the beach, golf course, town and schools, this beautiful home is perfect for families or retirees alike and must be seen to be appreciated.

Anchor RealtyIndependently Owned & Operated

Vickie ButtersVickie Butters

(250) 752-2466

EAGLECREST 1150 WEDGEWOOD CLOSE $459,900

Marilyn HewerMarilyn Hewer

FEATURE YOURSELF FEATURE YOURSELF IN THEIN THE

REALTORSREALTORSYou can’t afford not to be hereYou can’t afford not to be here

BCBCLocalLocalHomes.comHomes.comW E E K L Y

FREE

W E E K L Y

FREE

$799,999OPEN HOUSE SUN, JAN. 23 from 2-4pm

Hosted by

Tom Whitfi eld

906 BLUFFS DRIVE, QUALICUM BEACH

Distinctive Craftsman/Cape Cod • style

Exemplary detail & design, • ocean/mtn views

Building lots are also • available

21-826 W. Island Hwy., Parksville

toll free 1 888 243 1071email homes@tomwhitfi eld.caweb www.tomwhitfi eld.ca

cell 250•951•4882

1055 Emerald City Way, French Creek$459,000

• A Windward Masterpiece

• Amazing open concept fl oor plan

• Thoughtful design features including high vaulted ceiling.

Mike Reeves in attendance

250-752-SOLD (7653)

www.OhsMclane.com

Rob Ohs [email protected]

Parksville Qualicum Beach RealtyIndependently Owned & Operated

OPEN HOUSE - Sat. Jan 22 1-3PM

Andrew McLane [email protected]

TOLL FREE DIRECT: 1.866.956.6228TOLL FREE DIRECT: 1.866.956.6228

OPEN HOUSE - Fri, Sat & Sun 1-4pm500 Corfi eld St,

ParksvilleEach townhome includes 2 bedrooms + den, 2 bathrooms, & a 2 car garage. Units range from 1335 to 1516 sq. ft.

Prices start at $359,900

John John CooperCooper & Sean & Sean McLintockMcLintock

OF NANAIMO

creeksideatcorfi eld.comcreeksideatcorfi eld.com

OPEN HOUSESaturday, Jan 22/111:00pm to 3:00pm

Come to our Open House Saturday 1-3#306-264 McVickers Street, PARKSVILLE

Call Karen at 250-248-7612

EMERALD ESTATES • $149,900Assisted living for the independent senior! Lovely one bedroom patio home in the heart of Parksville. Just repainted and brand new carpets. Meal plan available plus homemaker provides weekly housekeeping. This is a fabulous well managed complex and provides peace of mind for the whole family.

Bob, Karen & Debbie

Independently Owned & Operated

OPEN HOUSE Sunday January 23, 2010 12pm - 4pm 2307 BONNINGTON DRIVE, NANOOSE BAY2307 BONNINGTON DRIVE, NANOOSE BAY

In Attendance:Louise Roy

• 2543 sq ft home offers dramatic views• Private yard leading to nature trails• Open plan, exquisite detail• Master & den on the main fl oor• 2 minute walk to rec centre & golf course

250-752-3375

$838,000+ HST

Anchor RealtyIndependently Owned and Operated

www.LoisGrant.comt 250.752.2466 tf 1.800.668.3622 [email protected]

OPEN HOUSE Saturday, Jan. 22 • 12-2pm

• PARKSVILLE’S BEST BUY• New Rancher – 1800 sq. ft., wood fl ooring• Another home by Island Style Homes• 3 bdrms, 2 full baths, RV parking• Spacious kitchen with BI-desk & pantry, oak fl ooring• In area of new homes, walk to mall

393 Wembley Road, Parksville

$377,900

Page 4: Parksville Qualicum Weekly Real Estate

C4 • THE NEWS, Friday, January 21, 2011 www.bclocalhomes.com

www.ianlindsay.ca

Frank FairleyIan Lindsay

250.248.1071 • 1.888.243.1071#21-826 West Island Highway, Parksville

at Wembley Mall

#44-1059 TANGLEWOOD PLACE, PARKSVILLE

New construction, • warranty, luxury fi nishings

1107 sq.ft. 2 bdrm, 2 • bath vacation home

Steps from Rathtrevor • Park & miles of sandy beach.

$369,000

211 1ST W. AVENUE, QUALICUM BEACH

Revenue, home business • or residential

Walk to village centre, • park & pool

Longer term OCP • opportunity

$329,000

539 SEAWARD WAY, QUALICUM BEACH

Spacious 2 bedroom, 2 • bath crawlspace rancher

Lovely gardens, golf • course location

Walk to beach and golfi ng•

$349,000

1092 WOODDUCK PLACE, QUALICUM BEACH

Very private landscaped • residence

Spacious open fl oor plan•

Double carport, double • garage!!!!

$449,900

1186 ROSEMOUNT CLOSE, MORNINGSTAR

Bright & spacious custom • Camelot Homes Rancher

Open fl oor plan offers • Privacy & convenience

Low maintenance • landscaping, year round beauty

$589,000

OPEN HOUSES & EVENTS

Check Out Our Website For More Open Houses

Pacifi c Grande, Parksville From $239,000 By appointment only

Oceanside Village Resort II From $259,900 Open Wednesday-Friday 11:00 AM - 4:00 PM

Saturday & Sunday 10:00 AM - 4:00 PM

Eaglewood at Qualicum Beach From $585,000 Open Saturday and Sunday 1pm – 3pm

INVESTMENT &RE-DEVELOPMENT

Qualicum Beach:Land Package: Lots, Revenue, DuplexFrom $199,000Waterfront Vacation Rental: Cash fl ow$1,200,000Commercial/Residential Downtown$2,300,000

Parksville:Corner Commercial Development$239,000Unique Multi-Family Development Site.Single Lots & Packages Available. 0.26-2.3 Acres, central location$249,900 - $1,788,000

Bonnington Ridge at Fairwinds from $209,000 • Selection of Ocean & Golf Course View Lots

Horne/Spider Lake Area $219,900-$579,000 • Several Parcels of Land ranging from 5 - 147 Acres

1473 Sunrise Drive, French Creek $229,000 • Easy build, walk out lot on ¼ acre with ocean views

Nanoose Bay Area $289,000 - $825,000• Waterfront, ocean view, golf course locations

629 Beach Road, Qualicum Beach $349,000• Cleared lot, strategic central location

Lot 6 Rupert Road, Qualicum Beach $489,900• Subdividable acreage on town water, walk to downtown

LOTS & ACREAGES

WATERFRONT VACATION RENTAL, QUALICUM BEACH

Rare Walk on Waterfront • Vacation Rental Building

2 levels, 3 Westcoast • Furnished Suites

Commercial Zoning, • Minutes to Downtown

$1,200,000QUALICUM BEACH

• Semi retirement water front option

• Cash fl ow and investment

• Waterfront Resort in Qualicum Beach

$2,400,000

LOT B COHO LANE, NANOOSE BAY

Private 1 Acre with Ocean • ViewsQuiet Street On Water • SystemPerfect to Build Your • Executive Home On!

$289,000

1125 SPIDER LAKE ROAD, NORTH QUALICUM

5 acres with your own • small lake on property

Main living up with family • room/bath/bed on lower

Private and peaceful•

$519,000

Page 5: Parksville Qualicum Weekly Real Estate

THE NEWS, Friday, January 21, 2011 • C5 www.bclocalhomes.com

COMMUNITY COMMITTED

SERVING CENTRAL VANCOUVER ISLAND#21-826 West Island Hwy. Parksville at Wembley Mall 250.248.1071

Ken [email protected]

Stuart [email protected] rst-bc.ca

Diane [email protected]

Ian [email protected]

Frank Fairleyfrank@remax-fi rst.bc-ca

www.ianlindsay.com

Katherine Johnsenkatherinej@remax-fi rst-bc.ca

www.ianlindsay.ca

Ron Limerronl@remax-fi rst-bc.cawww.remax-fi rst-bc.ca

Ron [email protected]

www.mehanrealty.com

Val Mitchellvaleriem@remax-fi rst-bc.ca

www.valeriemitchell.ca

Greg [email protected]

Colette [email protected]

www.colettemaeers.com

Vivien [email protected]

Tom Whitfi eldhomes@tomwhitfi eld.ca

www.tomwhitfi eld.ca

Rudi [email protected]

Peter [email protected]

Maggie [email protected]

Bill & Mary [email protected]

www.remax-fi rst-bc.ca

Grace [email protected]

www.ianlindsay.ca

Dawn & Lawrence [email protected]

www.setterandassociates.com

Mike [email protected]

Page 6: Parksville Qualicum Weekly Real Estate

C6 • THE NEWS, Friday, January 21, 2011 www.bclocalhomes.com

FIND THE BEST HOMES &THE BEST REALTORS...

>> onlineStart your search for the perfect home or the perfect realtor in your own hometown or anywhere across the province with just a couple of clicks.

Our network of local real estate websites (over 30 in BC) have joined together to form an interactive online real estate community where you can search property listings - after they appear in print.

• Start a search for your next home using price, keywords and regional locations across BC.

• Modify your search to include the city or community, postal code, MLS #, search radius and more!

• Enhance the accuracy of your search by choosing a property type, square footage and amenities.

• Set-up your search preferences to show recently updated properties or homes with photos only.

BCBCLocalLocalHomes.comHomes.com

Page 7: Parksville Qualicum Weekly Real Estate

THE NEWS, Friday, January 21, 2011 • C7 www.bclocalhomes.com

SPACIOUS AND LIGHT $725,000

NEW LISTINGSCAPTIVATING CRAIG BAY

TOTAL PRIVACY $485,000

MORNINGSTAR GOLF CONDO

VACATION GETAWAY OR RETIREMENT $358,000

Bright 3097 sqft 3 bedrm/3 bath “Bowen” model w/walk-out basement• Wood fl ooring, moulding throughout, gas FP, covered deck and patio• Many special features, family room, ocean/mtn viewpoints, dbl garage• Craig Bay amenities: pool, tennis court, gym/fi tness studio, near beach•

West coast comfort! Distinguished 1835 sqft 2 bed 2 level townhome• Architectural design, huge picture windows, skylights, vaulted ceiling• Upper level deck & patio below with views of the pond & golf course• Popular golf course development near marina, Parksville & Qualicum•

ERRINGTON COUNTRY HOME

MANY UPGRADES $469,000

Beautiful 2212 sqft 3 bedrm+den/3 bath country home on 1.2 acres• Bright living room w/woodstove, offi ce, dining room, & a bonus room• Updated kitchen w/eating bar, wall oven, gorgeous cabinetry/fl ooring• Patio, huge greenhouse, double garage, near Englishman River Falls•

QUIET EAGLECREST LIVING

COMFORT & ADDITIONAL ACCOMMODATION $578,000

Loaded with all the extras! 3722 sqft 4 bedroom West Coast style• Gorgeous great room plan, large picture windows, & gas fi replace• Huge well-planned kitchen w/granite counters, pantry, garburator• Fenced .53 acre, dual access, paved heated driveway, near trails•

FAIRWINDS CUSTOM HOME

Delightful 4 bedroom/2 bath split level home on fully fenced.17 acre• Large family room, woodstove, basement with a separate entrance• Landscaped & sunny south facing yard w/garden area, RV parking• Wood/tile fl oors, bright kitchen/dining area w/doors to covered patio•

FAIRWINDS OCEANVIEW

OCEAN & MOUNTAIN VIEWS $795,000

Custom quality built 3280 sqft 3 bedrm/3 bath on a quiet cul de sac• Large master suite, double garage, in house workshop, and a den• Eat-in kitchen w/ample counter space, built in appliances, & pantry• Lower level features a bedroom and full bath, sitting room & a patio•

AFFORDABLE PARKSVILLE HOME

THE HEART OF PARKSVILLE $326,000

NEW LISTING

NEW LISTING

CORFIELD GLADES HOME

BETTER TAKE A LOOK $479,000

NEW LISTING

NEW LISTING

NEW LISTING

Light, bright, and immaculate 3128 sqft 4 bed main level entry home• Den, gas FP, huge partially covered deck, suited walk-out basement• Views of Eaglecrest golf course, the ocean, and mainland mountains• Private .20 acre on cul-de-sac, RV prkg w/full hookup, patio, gardens•

2960 sqft 4 bed/3 bath on a fully fenced, nicely landscaped .17 acres• -Completely repainted, offi ce, covered patio, built-in vacuum, skylights•

OPEN HOUSE

117 HAMILTON AVENUE, PARKSVILLE OPEN HOUSE SUNDAY JAN 23 1-3 PM

NEW LISTING

NEW LISTING

Independently Owned & Operated

Want To Know What Your Home Is Worth? Call For A Free Home Evaluation Today!y

Grant Wildemanwww.grantwildeman.ca [email protected]

Cell: (250) 927-0357Offi ce: (250) 248-4321 Toll Free: 1-800-224-5838

REALTOR®

• 3.13 acres, zoned RS2• RDN sewer is available• Excellent acreage close to town

Qualicum Beach Acreage $299,000 • .74 Acre property w/over 3400 sq. ft.• Beautiful hardwood throughout w/ updated kitchen• True waterfront home

Unbelievable Value $499,000

• In the Town of Qualicum Beach• West Qualicum open space development area• 2 Titles (5 & 5.5 acre)

10.5 Acres Starting at $925,000

Nanoose Bay Home $363,000 • Luxurious spa like master bath, fully self contained in-law suite• 2.5 acres only 3 minutes to Parksville• Wonderfully fi nished with Extensive use of masonry

Acreage on the Edge of Parksville $799,000

• Updated kitchen & fl ooring• Immaculate condition

• Jetted tub and stand-up shower• Private back yard

$264

,900

• .41 acre close to marina• Flat level lot• Seller will build to suit if desired

Deep Bay Lot $174,900

• Ideal location short drive to Qualicum Beach• Bright kitchen, living and family rooms• Beautiful fenced yard with wired workshop

Immaculate Mobile on .36 Acre $229,900

• One acre of waterfront living with beach access• A well maintained home with many updates• 5 bdrms & 4 baths on 2 levels, all with ocean views

Fantastic Parksville Waterfront $1,099,900

Riverfront Property $199,900 • .46 acre on fl at ,treed, property down to river• Located on quiet, closed street• Quick possession available

Parksville Qualicum Beach RealtyIndependently Owned & Operated

New Home Living $414,900 • Numerous upgrades including hardwood, beautiful

ceiling treatments • Heat Pump, custom stamped concrete

CENTRAL PARKSVILLE PATIO HOMECENTRAL PARKSVILLE PATIO HOME

NEW PRICE

• Located on quiet key in a sought after part of Parksville• Numerous upgrades including fl ooring and paint• Beautiful yard close to the ocean

Not To Be Missed $419,900

Page 8: Parksville Qualicum Weekly Real Estate

C8 • THE NEWS, Friday, January 21, 2011 www.bclocalhomes.com

Parksville-Qualicum Beach RealtyParksville-Qualicum Beach Realty Helping you is what we do.Helping you is what we do.

#4-2451 Collins Crescent#4-2451 Collins CrescentRed Gap Centre, Nanoose BayRed Gap Centre, Nanoose Bay

250-468-7626250-468-7626

679 Memorial Avenue679 Memorial AvenueQualicum BeachQualicum Beach

250-752-6926 • 1-800-224-5906250-752-6926 • 1-800-224-5906

127 Alberni Highway127 Alberni HighwayParksvilleParksville

250-248-4321 • 1-800-224-5838250-248-4321 • 1-800-224-5838

w w w . q u a l i c u m r e a l e s t a t e . c o mw w w . q u a l i c u m r e a l e s t a t e . c o m w w w . p a r k s v i l l e r e a l e s t a t e . c o mw w w . p a r k s v i l l e r e a l e s t a t e . c o m

• 2,000+ sq. ft. 4 bed/3 bath home on quiet cul-de-sac • Beautiful .5-acre lot with large private back yard• In-line kitchen, eating area and family room

See www.PatriciaKorbin.com for info and photos

Call Patricia Korbin $399,900

1736 Sangster Crescent, Nanoose BayMADRONA POINT FAMILY HOME!

• Extended family, teenagers at home, B&B• Only 1 block to Qualicum’s sandy beach• 2600 sq. ft. 4 bedrooms, 3 baths, rec room• Sun drenched deck, ocean breezes, Paradise!

Call Todd Starkey $397,000

561 Belyea Crescent, Qualicum Beach

• Quality custom designed, over 2600 sq. ft.• 3 or 4 bedrooms, 2 master w/ensuites, open fl oor plan• Hardwood fl ooring, granite countertops, wood cabinets• Shake exterior, double garage, new home warrantyCall Todd Starkey $399,900

30 Ponderosa Drive, Parksville

NEW LISTING

• One owner, immaculate, crawlspace• Southern exposure, fenced, quiet location• Walk to shopping & schools, RV parking with hookups

Call Todd Starkey $319,000

347 Rheumer Cres, Parksville

NEW LISTING

Independently Owned & Operated

• BEAUTIFULLY REMODELED MOBILE-ADULT 55+!• New kitchen with recessed lighting; updated bathroom• Laminate fl ooring; new carpeting; drywall; pitched roof• Lovely private fenced backyard with new deck• See www.PatriciaKorbin.com for info and photos Call Patricia Korbin $112,000

64-1247 Arbutus Road, Parksville

• Private 5 acre 2700 sq. ft. 4 bed 3 bath home• Gourmet kitchen with high end appliances• Revenue generating 2 bed cottage w/fi replace

Call Marianne Keilty $599,000

1026 Englishman River Rd, Errington

See [email protected]

• Parksvilles best new home value• 2123 sq. ft. rancher on ½ acre level lot• 9’ Ceilings, hardwood fl oors, hardi plank• Moments to the ocean

Call Wayne Salter $465,000

Lot A Stonelake Dr, Madrona Heights

MTN VIEW!

• Estate-size 2.47-acre lot on prestigious Flamingo Drive• Access to gorgeous beaches a stroll across the road• Close to the very heart of Qualicum Beach• See www.PatriciaKorbin.com for info and photos

Call Patricia Korbin $399,000

Lot 3 Flamingo Drive, Qualicum Beach

Call John Gantner $199,000

• Centrally located, spacious 2 bedroom, 2 bath 960 sq.ft. unit• Short walk to town and low strata fees• Rentals are permitted as well as small pet, no age restriction• Perfect for couple looking for lock up and go home

#206-312 Village Way, Qualicum Beach

• Approx 2,000 sq. ft. at $8.00/sq. ft. incl triple net• 20’ ceiling, over height door, lunch room• New building, secure complex, close to highways

Call Todd Starkey $8.00/sq. ft.

1010 Sherme Road, Coombs

NEW LISTING

• 2 bedroom rancher, walk to school, shopping & beach• New interior paint & carpet, newer roof• Open fl oor plan, lots of natural light, easy to heat• Great kitchen and great value!Call Todd Starkey $279,000

480 Pym Street, Parksville

NEW LISTING

855 Mulholland Drive, French Creek

• On the 15th fairway on Morningstar Golf Course• Stunning views of the fairway & Mt Arrowsmith• Interior has been lovingly cared for

Call Ohs & Mclane $369,900

BLOWOUT PRICE

Call Marianne Keilty $349,000

• 1410 sq.ft., 2 bedroom, 2 bathroom home• Natural gas furnace, fi replace and hot water tank• 12x8 shed and covered patio• Pride of ownership is evident from top to bottom

8 Farrell Drive, Parksville

See [email protected]

Call Marianne Keilty

Lot 54 - Cave Road ........................................................ $275,000Lot 410 - Cave Road .......................................................$285,000Lot 415 - Shade Lane .....................................................$269,000Lot 392 - South Lake Road ............................................$249,000Lot 237 - Sunset Terrace ..............................................$249,000Lot 234 - Sunset Terrace ..............................................$229,000

Lakefront Lots on Horne Lake

388 Burnham Road, Qualicum Beach

Call Marianne Keilty $749,000

• Magnifi cent landscaping, above ground swimming pool, hot tub and large cedar decks

• 1100 sq. ft. 2 bdrm guest suite with fi replace that opens to the gardens and swimming pool

OPEN HOUSE •Sat., January 22 • 1:00-3:00pm• 1 acre estate size property with spectacular views of the golf

course and ocean• 3432 sq. ft. 5 bdrm 4 bath home with huge rooms• 8x20 greenhouse and 3 car garage• Behind home is your own private forest with mature trees

Call Marianne Keilty $675,000

330 Crescent Rd E, Qualicum Beach

NEW PRICE

1292 Gabriola Drive, Parksville

• Fabulous 3094 sqw.ft. 3 bed, 3 bath Pender model. Beachside com-munity located in wonderful Craig Bay!

• Beautiful rich wood fl oors, inlaid carpet, high ceilings• Luxurious but practical. Full basement, lush landscaping

Call Cindy Roberts $459,900

www.CindyR.com to view new FLASH SLIDE SHOWS

WALK THE BEACH!

OCEAN VIEWS!

1662 Meadowood Way, Qualicum

• Panoramic Ocean & Mountain views nestled on .85 of an Acre• Fabulous 1996 sq.ft. Rancher 3bdr w/luxury ensuite• Huge Country Kitchen include appliances w/access to oversize patio.• 2 Detached Workshops/a 4 Bay w/100 amp service + a 2 Bay

Call Cindy Roberts $459,900

www.CindyR.com to view new FLASH SLIDE SHOWS

• WATERFRONT-SPECTACULAR OCEAN VIEWS! • Uunimpeded 180 degree Strait of Georgia views• Lovely, spacious 3 bedroom home, 2 w/ensuite• Quiet cul-de-sac location, easy-care landscaping• See www.PatriciaKorbin.com for info and photos Call Patricia Korbin $865,000

503 Panorama Place, Parksville

NEW LISTING

623 Martindale Road, Parksville

• Immaculate, beautiful executive 2589 sq.ft home nicely updated• Nestled on fully fenced & gated 1.02 acre w/ complete privacy• Ideal location only 2 minutes to town but yet in the Country!• Vaulted ceilings, heated fl oor tile, fabulous kitchen, southern exposure

Call Cindy Roberts $539,900

www.CindyR.com to view new FLASH SLIDE SHOWS

PRIVATE ACREAGE!

BEST BUY

1861 Galvin Place Qualicum North

• 1.42 acres w/ 3bdrm 2bath 6 yrs young Rancher• Separate insulated garage/workshop w/power & internet• Level lot offers room for outdoor toy/RV storage

28’x12’boat shed• Miles of wilderness out your back door + Ocean glimpses!Call Cindy Roberts $309,900

www.CindyR.com to view new FLASH SLIDE SHOWS

• 1 Bedroom plus den in “The Gardens”• Spacious kitchen with lots of cupboard and counter space• Overlooks the tennis court & distant views of the ocean• Fabulous retirement living with access to many activities & entertainment

Call Ann McVey $258,900

650 Berwick Road, Qualicum Beach

THE GARDENS

• Updated rancher, fi ve minute walk to beach & 20 to village centre• 3 bedrooms 2 baths, with Murphy bed, in fl oor heat in baths• Numerous appealing updates & new roof • 0.34 acre lot, south facing back yard

Call David Lavalley $509,000

556 Crescent Rd W, Qualicum Beach

• Beautiful Craig Bay 2760 sq. ft. Quadra model home• Fabulous kitchen with granite counters, maple cabinets and

maple hardwood fl oors• 2 bedrooms and 3 bathrooms with a huge family room• Craig Bay Beach Club with many amenities

Call Graeme Hardy $487,000

1357 Gambier Place, Craig Bay

QUIET LOCATION

Page 9: Parksville Qualicum Weekly Real Estate

THE NEWS, Friday, January 21, 2011 • C9 www.bclocalhomes.com

679 Memorial Ave, Qualicum Beach, BC

Independently Owned & Operated

ParksvilleQualicumBeachRealty

For more photos and info go to:

www.lespockett.com

VANCOUVER ISLAND

Offi ce: (250) 752-6926Toll Free: 1-800-224-5906email: [email protected]

• 1400 sq.ft.on .14 acre

• Tastefully renovated 3 bed.2 bath

• 26x12 ft. deck

WALK TO ENGLISHMAN RIVER$198,500

MLS# 301811

VACATION OR INVESTMENT$184,000

• 1650 sq.ft. 3 bed/ 2 baths on 2.4 acre• Chef size kitchen with oak shaker

style cabinets

MLS# 308317

PRICED TO SELL$449,900

MLS# 300854

• 4500 sq.ft. 4 bedroom, 3 bath• 6 car garage w/ pellet stove and

separate workshop

CUSTOM BUILT HOME$434,900

QUIET END UNIT$194,900

• 3 bed/2 bath, 1400 sq.ft. • Beautifully landscaped fenced yard• End unit for that added privacy

MLS# 303386

• .36 acre building lot• Outstanding mountain views• Perfect for walkout basement home

MLS# 304751

MOUNTAIN VIEWS$99,500

• 987 sq.ft/ 2 bedrooms/1 bath Condo• 2 sep. entrances, garage, walk to QB• Freshly painted fl oor to ceiling

MLS# 305304

WALK TO QUALICUM$199,900

• Includes 2 separate lockable sides• Owners get 6-7 weeks per year

MLS# 308619

1/8 VACATION OWNERSHIP$67,000

• Includes 2007 Terry by Fleetwood 31’ trailer w/slideout

• Common areas include clubhouse, laundry, showers & sm. Boat storage

MLS# 306037

OCEANSIDE RECREATIONAL LOT$136,900

• 1/4 share Beach Club ocean view unit• 4th fl oor Southeast facing 1 bdrm/2

bath

MLS# 306680

BEST DEAL$79,000

HOT NEW PRICE$379,900

• 2227 sq.ft. split level, 3 bed/ 3 bath• .37 acre, quiet cul-de-sac, desirable

San Pariel

MLS# 305926

For info go to: www.qualicumcottageabovethefalls.com

• 1 bed / 1 bath, 562 sq.ft.• .22 acre, w/ RV parking

• 3 beds/2baths, 1134sq.ft. home• .66 acre mountain view property• Fully fi nished storage unit• Finished basement w/ kitchen potential

MOUNTAIN GETAWAY$219,900

MLS# 308170

• Building Foundation installed in 2010 with building plans

• Septic treatment plant installed in 2009• .22 acre lot• Public Boat launch .5 km away

BUILD BY THE BAY$209,000

MLS# 308315

• 1510 sq. ft. 3 bed/2bath• 17 ac w/south facing backyard• RV parking w/30 amp plug

MLS# 307320

MORNINGSTAR CHARMER$379,900

• 924 sq2.ft., 2 bed, 2 full baths• 5 min. to downtown• Spacious kitchen, • Quiet location, fully fenced yard

5 MINUTES TO PARKSVILLE$89,900

MLS# 306061

LesPockett

Personal Real Estate Corporation

“Expect more“Expect morefrom Les”from Les”

MLS# 308594

TIMPeligrenPeligren

Direct: (250) 228-5558Offi ce: (250) 248-2488Email: [email protected] CRAIG STREET, PARKSVILLE, BC

Vancouver IslandVancouver IslandRealtyRealty

1756 Country Road• 1500 Sq. Ft. Rancher• 3 bdrms, 2 bthrms• Mountain Views• Jetted tub in ensuite & walk in closet

in master bedroom• Low maintenance professionally

landscaped yard$329,900

956 St. Andrews Lane

• 1843 Sq. Ft.• 2 bdrms, 2 bthrms• Appliances included

$394,900MLS # 299597

1702 Country Road• 2214 sq.ft., 0.46 acre• 3 bdrms, 3 bthrms• Granite countertops, stainless

steel appliances• Glass enclosed sunroom

$379,900MLS# 307489

1349 Meadowood Way• 2208 sq. ft. home, 3 bdrms, 3

bthrms• Private setting, 1.21 acre• Single car garage, RV parking• 24’x32’ detached shop with 60

amp service$374,900

SIMILA

R LOTS

1830 Abbey Road• .66 acre• Riverfront• Cleared building site

$99,900

1840 Martini Way• 1518 sq. ft. deluxe rancher, 0.20 acre• 2 bdrms, 2 bthrms plus den• Sweeping mountain views• Detached garage• Hot tub & low maintenance yard• Four years old

$379,000

61 Centennial Road Nanaimo

• 2 bdrms, 1 bath, 732 sq. ft. • Private Front Yard • Ready to move in!• Ocean & Mountain Views

$229,900MLS# 306320

1545 Pady Place• 745 sq. ft. on .25 acre riverfront • New Home Warranty, 2 bdrms, 1

bthrm• Builders Standard appliances• Patio wired for hot tub

$219,900MLS# 282379

1704 Karen’s Court

$364,900MLS# 303510

• 1385 sq.ft. rancher, 0.48 acre• 2 bdrms, 2 bthrms• Detached 1000 sq.ft.• MANY upgrades

RIVERFRONT RIVERFRONT RECREATIONAL RECREATIONAL

PROPERTIESPROPERTIESstarting atstarting at

$45,000$45,000 +HST+HST

MLS # 307856

MLS # 308237

Page 10: Parksville Qualicum Weekly Real Estate

C10 • THE NEWS, Friday, January 21, 2011 www.bclocalhomes.com

359 Hackberry Place in Maple Glen Development 2,145 sq�, 3 bedrooms, 2 1/2 baths

Certified Built Green2 high efficiency gas fireplaces

Brac System Grey water recycling systemRain water recovery system for irrigation

Solid Bamboo FlooringWarmly Yours electric floor heating

Rinnai Hot Water on DemandArxx ICF insulating concrete form foundation for an R50 value

K2 StoneReclaimed fir & cedar

250.951.0707www.brantwoodconstruction.com

Licensed Residential Builder

CALL FOR DETAILS AND TO VIEW

New Certified Built Green for $429,900

View on VIRTUAL TOUR: www.nancybolch.caVi VIRTUAL TTO b l h

• Two yr. old 1768 sq. ft. Windward home• 3 bedrooms, 2 baths, granite counters• Living rm w/gas fi replace, skylights & vaulted ceiling• Covered patio, S. facing back yard, garage w/attic storage

1064 Cantebury Place $484,500

• Chartwell rancher, 1,950 sq. ft 3 bedrooms, 2 baths• New kitchen & stainless steel appliances• In-fl oor radiant heat, skylight in kitchen & ensuite & 2 in family rm• Fully fenced back yard

1088 Miraloma Drive $429,900

• 2,124 sq. ft. split level home• Kitchen with 4 skylights & breakfast bar• Large back deck, double garage• Fenced backyard, workshop, garden area

169 Village Way $359,000

Lot 375 South Lake Road $339,000

• 2 bed, 540 sq. ft., furnished home on Horne Lake• Panoramic view overlooking the lake• 11000 sq. ft. gentle sloping lot, 62 ft. of lake frontage• Sleeps 5 people comfortably, separate RV hookup

• 2576 sq.ft two storey home, large kitchen w/eating area• Formal dining rm & living rm, family rm w/gas fi replace• 5 bedrms, den, 3 full baths & huge double garage• 500 sq. ft. deck & lovely above ground pool, RV & boat parking583 Neden Way $379,990

• 3 bed, 1 bath, 1350 sq. ft on .24 of an acre • New fl ooring, large deck in private back yard• Front deck is a shady area to enjoy in summer• Close to Park and Farmers Market1363 Memorial Road, Errington $205,000

• 2 bdrm mobile on own land, 10 minutes to town• 896 sq ft, all rooms are spacious• Private .23 acre lot, deck, garden shed• Low maint. vinyl siding, newer roof & fl ooring

3895 Melrose Road $162,500

• Double wide w/3 bedrms, 2 bathrms, bright kitchen• Living rm w/propane fi replace, dining rm, separate eating area, sunrm• 2 year old roof, 2 year old oil tank & furnace & newer stove & W/D• Private lot at the end of the park, pets allowed after Park approval#20-6350 Island Highway W. $95,000

For photos and more info on these or other properties go to www.robbierealtor.ca

This park is a joy to live in with shopping next door. This 3 bedroom mobile has been well taken care of. 55+ park, small pet allowed, & pad rent only $350.00 includes cable, water, & sewer. Well priced at $79,000. Call Robbie 250-586-4321.

VACATION PARADISEOwn your own recreation lot in Bayview Village, on beautiful Cowichan Lake, one of Vancouver Island’s premier vacation spots. Immaculate Park Model with addition. Exclusive slip for your boat. Great quiet holiday retreat. Now only $218,800. Call Robbie 250-586-4321.

COUNTRY HOME

FIRST TIME BUYERS

ROBBIE BAIRD

[email protected]

250-586-4321 Sutton Whitecap Realty

CHEFS DELIGHTCustom built 3 bedroom home on 4’ heated crawlspace. Gas heat & fi replace. 2 full baths. Large country kitchen with oak cabinets, island, tons of counter space, pantry, phone desk, and eating nook. Sliding glass doors to large cedar deck overlooking the private fenced yard. Grow your own herbs and veggies in the raised garden beds. Room for your RV. All on a nicely landscaped lot in ever popular Maple Glen Subdivision. Well priced at $324,800. Call Robbie 250-586-4321.

A beautiful 5 acre hobby farm. The 2 storey home offers 3 bedrooms & 2 baths as well as a full basement. There is a 20 x 24 barn w/loft, 10 x 12 chicken house w/loft, a 24 x 24 machine shed w/16 x 24 loft. This is a very pretty, private setting with all buildings & grounds in excellent condition. Zoning allows for a second home. Great price $499,000. Call Robbie 250-586-4321.

$12,200 BELOW 2011 ASSESSMENTNearly 1/2 acre level lot in an established semi-rural neighbourhood. A short walk to Arrowsmith Golf Course. Mobile home allowed. NO HST. Priced at only $128,800. Call Robbie 250-586-4321.

One of a kind 4 bedroom, 2 bath rancher on large 78 x 144 lot on a quiet Parksville street in town, close to schools & shopping. Many upgrades with new roof, new windows, new fl ooring, new fencing & landscaping. Hurry and get your low payment before the new mortgage rules come into effect. Vacant and ready for quick possession. Best of all the price: Only $259,800. Call Robbie 250-586-4321.

IMMACULATE & AFFORDABLE

• An incredible setting with lake views from almost every room• 3 bdrms, 3 bath, 2454 sq.ft split level home

$580,0003335 Rockhampton Road, Fairwinds

• 3 bdrm, 2 bath, 1650 sq.ft. rancher• One of Qualicums most private settings

$449,900405 1st Ave, Qualicum Beach

•2 bdrm mobile home set upon 0.47 of an acre• This property should be subdividable

$219,0001497 Mason Trail, French Creek

• Rare south facing waterfront with 2 homes•Main home is 1604 sq.ft rancher with 3 bdrm and 2 baths

$695,0005488 Deep Bay Dr, Bowser

• Shop plus 2 homes on 5 acres.• Main home is 1800sq.ft with 4 bdrm, 2 baths, 1024sq.ft shop

$598,0001367 Station Rd, Coombs

• Charming south facing waterfront gem! Nestled on a .70 acre lot• 4 bedrooms, 3 baths, multiple decks for spectacular southern views

$748,0001599 Marina Way, Nanoose

• Immaculate 3 bedroom, 2 bath, 1700 sq.ft rancher on crawl space• All this on a quiet street within walking distance to town

$374,500383 Dorset Road, Qualicum Beach

• Loads of updates, new windows, fl ooring, paint.• 3 bdrms, 1 bath, 1650 sq.ft home with private yard

$289,000120 Stanford Ave, Parksville

FOR MORE PICTURES - WWW.RGOLDNEY.COM

OPEN HOUSESUN 1:00-3:00

113 W. Second Ave, Qualicum Beach

250-752-2466

Anchor RealtyEach Offi ce Independently Owned & Operated

Richard GoldneyCell: 250-248-7777

Email: [email protected]

RichardRichard

TeamTeam

Page 11: Parksville Qualicum Weekly Real Estate

THE NEWS, Friday, January 21, 2011 • C11 www.bclocalhomes.com

Cindy RieraCindy Riera250-752-2466 / 1-800-668-3622

To view more photos: www.pq-realestate.comAnchor RealtyQualicum Beach

MLS#292127

• Incredible ocean and island views• Beautifully landscaped gardens on 1/2 acre• 2200 sq ft home• Well maintained

40 Jamieson Road, Bowser

$429,900

3840 W. Island Hwy, Qualicum

MLS#301951

• Good ocean, islands and mtn. views• .59 acre rancher on crawlspace• 5 minutes to Qualicum Village• 2 bedroom rancher with room to expand

1191 Roberton Blvd, French Creek

8 yr old 1500+ sq ft rancher on crawl space• Great street appeal across from Morningstar Golf Course• Custom built, Hardi Plank and Brick siding• Lovely landscape front and back• Backs onto parklike ravine• MLS#307076

MLS#307153

NEW LISTING!

• Lovely open fl oor plan, 2bdrm, 2 bath• Close to Wembley Mall shops• Gourmet Maple Kitchen with granite counters• Pet allowed, no HST

#13-447 Pym Street N, Parksville

1294 Oceanside Dr, Qualicum Beach

• Oceanside rancher on crawlspace• 1800 sqft 3 bedrm, 2 bath• Eaglecrest neighbourhood, close to beach and golf• Lovely landscape, dbl garage MLS#302469

615 Beach Terrace, Qualicum Beach

MLS#303351

• Great price and location• Walk to Beach and promenade• This lot is ready to build on• Ocean views from 2nd story

$379,900

$359,900$338,800

Owner hosted OPEN HOUSE Sat & Sun

$359,900 $199,900

SHOPPING FOR A REALTOR?SHOPPING FOR A REALTOR?Call

kevin clayton

314 E.Island Hwy.Parksville • 248-8371

WIN A MARKET EVALUATION OF YOUR HOME!Correctly identify Dan Jack and call 250-954-7111 to win

Seriously folks, I will come and evaluate your home forno cost, no obligation and no pressure.

WHITECAP REALTY LTD. 135 ALBERNI HWY., PARKSVILLE

1 2 3

Call for a professional evaluation.No cost. No obligation.

No pressure.

DaleRumming

“Let Me Work For You!”

248-8371

Call for a professional evaluation.No cost. No obligation.

N

Free Market EvaluationFree Market EvaluationYour Kelowna Connection!Your Kelowna Connection!

Moving to theMoving to theOkanagan?Okanagan?

CallCallStephen BuckStephen BuckRoyal Lepage KelownaRoyal Lepage Kelowna

[email protected]

Cell: 1-250-864-6782Toll Free: 1-800-421-3214

Buying a Home:What Can You Afford?

T h i s a r t i c l e w a s p r o v i d e d b y t h e Va n c o u v e r I s l a n d R e a l E s t a t e B o a r d f o r t h e i n f o r m a t i o n a n d b e n e f i t o f c o n s u m e r s .

Few people can buy a home for cash. Most of us have a diffi cult enough time saving the If you’re thinking about buying a home, a question that will undoubtedly weigh heavily on your mind is: “How much can I afford?”

Obviously, affordability will play a major part in your decision making process. You want to be able to buy something you like, but you don’t want to feel stretched to the limit when it comes to meeting your fi nancial obligations. Once you discover exactly what you can afford, you can be more realistic in your expectations.

If you’re like most people, you lack the funds to make a purchase without seeking substantial help from a lending institution. In addition to coming up with a down payment, you’ll have to arrange a mortgage.

Basically, there are two types of costs involved in buying a home:

The amount of money you’ll need for the initial purchase -- consisting of the down payment plus additional costs such as legal fees, inspection fees and taxes; and

The ongoing costs of paying back your mortgage, along with monthly operating costs for utilities, maintenance, insurance and annual property taxes.

Lenders use several factors in judging your ability to handle a mortgage, including your income, employment record and credit worthiness. However, one way you can estimate the price range you can afford is to look at the amount of money you have available for a down payment.

The most common type of mortgage is a “conventional mortgage.” Under this type of mortgage, lenders will loan up to 75 percent of the appraised value of the property or purchase price, whichever is lower.

The remaining 25 percent or more is the amount you will contribute as a down payment. So, if you plan to buy a home that has an appraised value of $100,000, a lender may loan you 75 per cent or $75,000 on a conventional mortgage when you contribute a down payment of $25,000.

MULTIPLY BY FOUR

If you plan to borrow funds through a conventional mortgage, simply multiply your down payment funds by four, to get an idea of the highest priced home you could buy. Then you will have to determine whether you have suffi cient income to make the payments on your mortgage. Most lenders won’t let you take on debt that you can’t service. That’s why they’ll “qualify” you fi rst, before agreeing to give you a mortgage.

HIGH-RATIO MORTGAGE

If you don’t have a 25 per cent down payment, you may want to investigate a high-ratio mortgage.

This type of mortgage is available for up to 95 per cent of a home’s appraised value or purchase price, whichever is lower, up to a maximum amount set by the government.

Since you are borrowing more than 75 per cent, the government insists that the mortgage be insured against default and that you pay the cost of the insurance. That cost can range from one to three per cent of the mortgage amount, and is added to the mortgage principal.

LENDERS’ CONSIDERATIONS

To determine your eligibility, lenders will look at your monthly housing expenses. These include such items as mortgage payments, property taxes, and utility costs. These shouldn’t exceed approximately 30 percent of your monthly gross family income. This is called your “Gross Debt Service” ratio or GDS. (Some lenders will, in fact, go as high as 35 per cent, depending on a number of variables.)

Lenders also use a second calculation in qualifying you for a mortgage. It’s called the “Total Debt Service” ratio or TDS. Generally speaking, no more than 40 percent of your gross family income may be used to cover mortgage payments, property taxes, utility costs, plus other fi xed monthly payments. These other fi xed costs are your ongoing commitments and can include auto, student or personal loans as well as charge accounts.

Lenders will look at both your GDS and TDS amounts in calculating the size of the loan they will grant you for the home you wish to purchase.

Once they’ve determined the amount of your monthly income available for mortgage payments, they’ll calculate the mortgage amount you can have. This is based on current interest rates charged by lenders.

TRY LIVING ON YOUR NEW BUDGET FIRST

Once you’ve calculated these factors, it’s a good idea to try living for a couple of months as if you were paying a mortgage, along with your other living expenses, to see just how well you manage. After all, it may be feasible on paper, but you may not be comfortable with this amount of your income being allocated towards a mortgage. Better to fi nd out now, before you actually make a purchase.

You may readjust your spending habits in other areas for a while. However, if you’re comfortable with this test run, then it’s time to start looking for your new home.

Page 12: Parksville Qualicum Weekly Real Estate

C12 • THE NEWS, Friday, January 21, 2011 www.bclocalhomes.com

$489,000 Aaron/Louise/Ian

2348 NANOOSE ROAD• 3500 sqft. home on ½ an acre• Totally refurbished, new windows & roof • 4 or 5 beds, separate suite potential• 24 x 24 garage, RV parking

675 FOSTER DRIVE, PARKSVILLE

$420,000 Roland Becthold

• Great 3 bedroom + den, 2½ baths family home

• RV parking, great landscaping• Extensively upgraded

COUNTRY LIVING WITH CITY CONVENIENCEPerfect for a home business this 2200+ sq. foot home on Butler Ave has a 1800+ sq. ft. shop plus 2 bay garage. Ideally sited on .97 acre. Great for car collector or hobbyist.

$574,900 call kevin claytonIan/Aaron/Louise$1,599,000

4000 sqft. waterfront estate, ½ acre• Exquisite architectural design• 4 beds, 4 baths, 2 dens• Private grounds, walk on beach•

1612 BRUNT ROAD

#3-309 MOLLIET STREET• 2 bedroom townhome• Terrifi c location and central to all schools• Currently rented and tenant would like to stay• Well established strata with good management in place

Glenn Karakochuk

PARKSVILLE

$319,800

• Ocean side of the highway! Close to beaches, marina, pub, • Oceanside School, hockey arena, Wembley Mall• 3 bed 2 bath family room• 1900 sqft Rancher .21 acre. Private back yard• Lots of room for RV parking & a boat!

Anne Sperling

819 MALLORY, PARKSVILLE

$590,000 Chris Turko

Pacifi ca, luxury downtown living in the heart of Nanaimo. Waterfront views to the mainland.

NO HST!

5078 Longview Dr. Betsy/Fran

• Two bedrooms plus den• Family room, workshop too• Private, treed back yard• Peek-a-boo ocean views

READY FOR FREDDY

$231,000

93 Bayview Dr Betsy/Fran

• Renovated building in downtown Haida Gwaii• Currently rented• Use as a get-away or run a business

OPTIONS GALORE

$197,000

$184,900 Mark Anderson

Almost half acre building lot. Level and ready to start. Located in very desirable area of Nanoose with established quality homes, sandy beach plus golf and marina nearby.

ARBUTUS PARK ESTATES

Top fl oor condo with all the amenities. Elevator, underground parking, 2 bedrooms, 2 bathrooms, extra storage, large balcony, very bright, and a walk to town location for ideal living.

Call Marge LaFoy$269,000

QUALICUM BEACH 5TH AVE ESTATES

$274,900 Dale Rumming

INVESTORS! Can be rented! Gated 55+complex, 6 year old rancher, 2 bedroom, 2 bath with oversized double attached garage. Upgraded appliances included.

#26-631 BLENKIN

SOLDSOLD

$345,000 Brenda Nicolls

• Pre-inspected, character home• BRAND NEW ROOF - Looks great!• 4 Bdrm, 2 Baths / Tree fort too!• 0.34 acre lot in OCP as multi-family• Walk to everything - beach, town, mini-golf

324 MORISON AVENUE

SOLDSOLDAaron/Louise/Ian

2899 HEMLOCK DRIVE• Beautiful private gardens• Newly decorated 2333 sqft. home • Lovely family home in choice location

$399,900

SOLDSOLD

AFFORDABLE LIVING

$57,900 Betsy/Fran

• Two bedrooms, two bathrooms• Sunny skylit kitchen• Covered patio, garden shed

SOLDSOLD

Asking $875,000 Gary Fulton

FAIRWINDS EXECUTIVE VIEW HOMEThis custom 3 bed and den rancher with bonus room and 3 baths will please the most discerning buyers. The light fi lled great room/dining room with high ceilings and ocean views has French doors to the patio. Beautiful kitchen with granite counters opens up to a sun room. There is a 3 car attached garage, property is fenced and gated.

Call Gary Fulton for appointment. View photo’s at www.carolefulton.com

$499,000 Aaron/Louise/Ian

• 2200 sqft. ocean view home• 3 beds, 3 baths, recreation room• Grand living room, open kitchen• Close to beach, golf & marina

1904 SEA LION CRESCENT950 SPIDER LAKE RD, QUALICUM NORTH

$700,000 John Milroy

• 3675 sq. ft. custom built on 5 acres, only 3 yrs old• Spacious great room concept with beautiful slate tile & hardwood fl ooring• Fully landscaped w/irrigation

SOLDSOLD$998,000 Aaron/Louise/Ian

• Panoramic ocean view property• 2623 sqft, 3 beds, 3 baths• Open concept, fi nest fi nishes• Built in 2006 by Camelot Homes

1047 EAGLECREST DRIVE

589 Gilbert Rd., Hilliers Betsy/Fran

• Quiet dead end road• Backs & sides Timberwest property• 4 bedroom 2 bathroom country home• Workshop, double carport, barn

HARD TO FIND 5 ACRES

$485,000

$299,000 Ian/Aaron/Louise

• Lovely 1400 sqft. patio home • 2 beds, 2 baths, easy care living• Formal dining room, open kitchen• Walk to Qualicum Beach village

#9-810 CHESTNUT STREET• Great 3 bedroom retirement rancher• Close to all Parksville amenities• Plenty of RV and boat parking

$339,000 Gary Neufeld

715 HUMPHREY ROAD

Aaron/Louise/Ian$569,000

SOLDSOLD• 2,110 sqft. ‘Cedar’ model• Quality fi nishes, 2 beds, 2 baths, • Hardwood & heated slate tile fl oors

610 EAGLEWOOD COURT

445 FOURNEAU WAYRural living on 4.68 acres with the convenience of town! Spacious 3282 sq. ft. main fl oor with living room, family room, large den, kitchen, pantry & bathroom. Upstairs master with ensuite, 3 large bedrooms & lots of closets. Part basement for storage, games & recreation.

$750,000 call Anne Sperling

865 RIVERS EDGE DRIVE• 2500 sq.ft. 3 bed/3 bath rancher with bonus room• 6 foot crawl space, completely fi nished property• Thoughtful, balanced, well designed landscaping

and a lovely valley view on 2.5 acres

Glenn Karakochuk$739,000

PRIVACY AND VIEW

$865,000 call kevin clayton

COOMBS AUTO MALLGreat Opportunity, almost 2 acres, good cash fl ow,14 storage units, 1 bedroom apt, room for expansion, with good water,septics in place,fully rented. Great for car buffs

$269,900 Jill Tuggle

Breathtaking ocean views and Hammond Bay activity, across to the mainland mountains from this 8400sf amazing lot in prestigious Glen Oaks Estates! Building scheme and package available. NO HST!

ABOVE PIPERS LAGOON1120 CENTRE ROAD

$449,000 Tom Dodds

NEW LISTING!

• Family home on 1/2 acre lot 5 min. from DT Qualicum Beach• Upstairs 1618 sq. ft. 3 bed, 2 baths, great view from liv. rm. &

dining room• Downstairs over 1100 sq. ft. 2 bed. 1 bath, rec. room, full

kitchen, and separate laundry facilities• Perfect for in-laws or extended family situation

195 THETIS AVE QUALICUMIDEAL RETIREMENT RANCHER! Walk to town from this immaculate rancher in Hermitage park. Close to amenities. Living room dining room combination is ideal for entertaining. The private rear patio is ideal for BBQs.

$349,900 Jim/Margo Hoffman