west living magazine volume 1

M A G A Z I N EH o m e s , L i f e s t y l e & I n s p i r a t i o n A c r o s s Va n c o u v e r I s l a n d

LIVINGV O L U M E 1

Abigail’s HOTEL

INTERNATIONALLY KNOWN

BREATHTAKINGLY Beautiful

WALLPAPER

PM429

3751

2

Wherever you’re headed, make your evening more than just another n ight . Located in Central Vancouver Is land, Longwood Brew Pub is Nanaimo’s favour ite rendezvous dest inat ion.

250.729.8225 • 5775 Turner Rd, Nanaimo www. long woodbrewpub.c om • info@long woodbrewpub.c om

THE spirit OF THE ISLAND

© 2016 CGM Marketing Ltd. All Rights Reserved. West Living Magazine is published by CGM Marketing Ltd., 89 Hilliers Road, Qualicum Beach, B.C. V9K 1Y4. 855-901-6636. Reproductions of any photographs, artwork and copying are prohibited without prior written permission of the Publisher. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Not intended to solicit buyers, sellers, sales representatives or brokers currently under contract.

Coldwell Banker® and the Coldwell Banker logo are registered service marks owned by Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are con-trolled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS® , Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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Coldwell Banker Slegg Realty Family

Victoria

Duncan

Nanaimo

Parksville & Qualicum

Port Alberni

Comox Valley

North Island

Islands

Abigail’s Hotel

Wallpaper: Breathtakingly Beautiful

Longwood Brew Pub

CONTENTS

PROPERTIES BY REGION

Like all Coldwell Banker agencies, Slegg Realty operates under the brand’s umbrella of global reach, experience and industry-leading best practices. The Vancouver Island-based firm is owned and operated by the Slegg Family who are long-time area residents with incomparable experience and have a deep commitment to both the community as well as the buyers and sellers they serve.

As one of the notable premier residential and commercial real estate companies in the area, Slegg Realty has been central to innovating and growing the market by brokering countless home sales across Vancouver Island. The company continues to grow and expand year after year with two new offices launched in the first quarter of 2016, joining the six existing in Victoria, Nanaimo, Parksville and Courtenay. Two additional offices are slated to open in the second half of 2016.

As a family-owned, family-run firm, Slegg Realty takes great pride in putting its neighbours first. President Steve Slegg has worked in the building and real estate industries for nearly three decades, having been at the helm of both construction and lending firms before launching Slegg Realty in 2011. He joins Business Development Director Brenda Jackman, along with Managers Michael Soderberg, George Reid, and Charles Sutton and Larry Staley, in delivering unrivaled services for Vancouver Island buyers and sellers.

In addition to traditional real estate services, Slegg Realty offers a host of complementary services and brand extensions – including a residential and commercial property management arm and a comprehensive mortgage brokerage, DLC Slegg Mortgage. To learn more about Slegg Realty, visit www.sleggrealty.com.

SLEGG REALTYA Family Company

4 MARCH 2016 WEST LIVING MAGAZINE COLDWELL BANKER SLEGG REALTY

For more than a century, the Coldwell Banker name has been synonymous with unparalleled leadership and customer-driven success. From its humble roots of two residential REALTORS® to its massive global expansion just decades later, millions have trusted their homes and the largest decision of their lives - their home buying experience - to Coldwell Banker REALTORS® and agencies - and time after time, teams like Slegg Realty delivered.

Today, Coldwell Banker encompasses more than 3,000 offices across 43 countries and territories. No matter the location, agent or market, affiliates and associates remain unwaveringly committed to the same traditions and sky high expectations on which the company was founded. Their end goal is simple: fulfilling the dream of home.

For Coldwell Bankers, meeting this goal is more than just a promise. For this elite organization, the dream of helping clients own their

own home is an unwavering mission rooted in ethics, honesty and integrity. This dream is what has helped the company grow and thrive in countless market conditions and is what has helped them become the global leader in residential and commercial real estate.

This steadfast foundation has catapulted Coldwell Banker to the forefront of the industry. The company’s Ultimate Service Program boasts a 98% satisfaction rate, while its unique extensions and experiences are growing rapidly. This portfolio includes Cold Banker Previews International – an international luxury real estate marketing arm – as well as both a national referral service and Coldwell Banker University, an elite training ground for our independent associates.

Find out more about Coldwell Banker, browse listings and learn about the company’s client-first commitment at www.coldwellbanker.ca.

COLDWELL BANKERAn International Institution

WEST LIVING MAGAZINE MARCH 2016 5 COLDWELL BANKER SLEGG REALTY

Abigail’s Hotel is a unique accommodation experience that blurs the line between a small luxury hotel and a heritage bed-and-breakfast inn. It is an intimate property with only 23 rooms and is adult-only. The hotel housed in a 1930’s Tudor mansion, with its special atmosphere blends the romance and charm of the past with the comfort and convenience of modern accommodation. The hotel is known internationally for its cozy ambiance, dynamic three-course breakfasts and personalized, professional and courteous service, interwoven with elegantly appointed guest rooms.

Originally built as a Tudor revival-style apartment building, Abigail’s Hotel was previously known as “The Bessborough” apartments. In 1985, The Bessborough was completely renovated, converting it into a 17 room bed-and-breakfast inn. The exterior had been restored to its original Tudor architecture and it was designated as a Heritage Building in the Historic Registry of the City of Victoria.

In 1998, the “Coach House” was constructed alongside the main house with 6 luxury guestrooms. All Coach House rooms feature luxurious king-size 4-poster beds, wet-bars, wood burning fireplaces and jetted tubs.

Upgrades, room refreshes and other major amenity changes are continuously pursued on a regular basis. In 2010, Abigail’s began a rebranding process from a quiet, country-style bed- and-breakfast inn to a classically elegant Boutique Hotel. With the help and expertise of interior designer, Danisha Drury of Design District Access, a complete redesign of the guest rooms and public spaces began in 2012, ensuring that the heritage atmosphere of this unique building was carefully preserved. With European furnishings such as or like antiques, crystal chandeliers, rich fabrics and warm colours, fresh flowers, fine art and stained glass – the interior design helps create that a special experience that remains respectful of the beauty and luxury of the hotel’s history that blends with the sophisticated modern comforts of the present.

WALLPAPERBreathtak ing ly Beau t i fu l

WALLPAPER: HARLEQUIN


Let us assure you – it is no longer your Grandmother’s wallpaper. It has evolved to develop into something most would call breathtakingly beautiful. Like a stunning piece of art but in a roll form, wallpapers are back and they are transforming homes from plain to fabulous in a matter of hours.

A BRIEF HISTORY

Beginning in the 1700’s, wallpaper has had many different evolutions throughout history. Different techniques ranged from originally hand painting to woodprints and engraving then moving to present day’s machine and digital printing. Cole and Sons are one of the original paper makers dating back to the 1800’s. To this day, Cole and Sons still hand rolls their paper to this day in England and if you want to see and feel real quality this is it. The density of the colour saturation and the detail of the pattern on these papers is absolutely stunning.

So think upon this; whether it’s a feature wall or the entire room – wallpaper can transform a space into something spectacular. The options are endless. Wallpaper can be woven, flat, metallic, or textured. It can be simple and traditional or beaded and modern. It can be designed with geometric patterns or with photography and murals. You name it, and it’s being made. A new option allows you to take a high-resolution photo and have it made into a wallpaper mural. The application technology has also come along in leaps and bounds. Installing wallpaper is not only easy to do, but it is also now easy to remove. It’s hard to believe, but the wallpaper is not going to peel off your drywall or your plaster because the non-woven back allows for air flow and therefore no crazy sticking. Adhesives are now water based, which makes them a more environmentally friendly choice and easy to use.

One big recommendation we have is don’t forget about that fifth wall – you know – the ceiling! Whether its an application for your dining room, kitchen, bedroom, bathroom, foyer, play room, laundry room, office, restaurant, commercial space – be brave and try a favourite colour or pattern to add that extra layer of something unique to your design.

MOST POPULAR WALLPAPER TYPES

Grass Cloth: Natural materials, recommended for low traffic areas.

Vinyl: Used in commercial and residential, recommended for high traffic areas.

Nonwoven Wallpaper: Most common for overall use and suitable for high and low traffic areas.

RARELY USED WALLPAPERS BUT STILL PRETTY COOL

Flocked: Velvet like texture, recommended for low traffic areas.

Silk: Natural silk, recommended for very low traffic areas.

Murals: Need a decent sized wall to really get the full effect.

BY: DANISHA [email protected] www.designdistrictaccess.com

WALLPAPER: THIBAUT

NANAIMO’S

Longwood Brewpub


Within every community there are always a few spots that have cemented themselves as part of the local culture. Restaurants, local eateries and hangouts morph into staples of the entertainment scene over the years through timeless attributes like consistency, quality and good ol’ fashioned customer service. Mike Campbell, the general manager of Longwood Brewpub in Nanaimo, likes to think that his establishment offers just that. “We strive for excellence every time,” he said. “We’ve been here for over 15 years, and we’re not ready to rest on our laurels one bit.” Located in Nanaimo, BC, the Longwood Brew Pub is as well-known locally as it is internationally. With writeups in the Lonely

Planet and WestJet Magazine applauding the “lip-smacking self-brewed beers” and features in countless niche foodie and drink blogs across Western Canada, it’s the hidden gem that has long been uncovered. And it all starts with one of the most fabulous views of the Vancouver Island Mountains. Spectacular sunsets, the rich American Cherry paneling and hardwood flooring all make for an environment that welcomes you in like a familiar summer cottage. “I want us to continue to be that place you know you can go and always get great customer service. We want to give people good food in a great atmosphere, so come in hungry and thirsty; we’ll take care of the rest. Not just some of the time, or most of the time, but all of the time. Our actual motto is every guest leaves happy.” The philosophy is simple: local pub-style is the name of the game. Come catch a game, shoot some pool, throw some darts or simply hang out with friends. Campbell said the environment is a custom-tailored relaxed fit, and the mood is as homegrown as it gets.

BEER, FUN & A LITTLE BIT OF BUSINESS

“I like to think of us as more than just an establishment or store that offers a product. We host local musicians here each week, we are very involved in the mid-island community with various fundraisers and events. Birthday parties, wedding receptions, corporate meetings, anything and everything. It’s almost a town hall feel, something like a modern day Cheers.”

The menu consistently wins local awards, including a combined 17 Best of the City awards since inception 15 years ago. Head chef Shane Hagan said they strive for consistency along with variety. “Chicken wings or fish tacos are perfect to snack on when you’re watching the game. But then we also want to serve unbeatable entrées like almond-crusted halibut gastrique and BBQ pork side ribs for when you’re in the mood for a more upscale dining experience.” Hagan said he’s always experimenting with new menu options and seasoning, using himself as the guinea pig before sliding his creations out to the patrons. “We pride ourselves on making the best pub food and offering that up consistently everyday, with a little bit of experimentation thrown in, of course. And once in awhile we’ll have special menu options during certain seasons, like fresh Vancouver Island oysters” Of course, Longwood wouldn’t be Longwood without its beer. Saving the best for last, the brewpub is literally attached to the restaurant, meaning you can see exactly where your freshly-made pint is coming from. The brewery at Longwood stands proud as one of the first images that you will see as you enter the front door. Brewer Graham Payne is usually brewing three to four times a week and offers a tasting tour and two tasting bars. Czech Pilsner, Irish Red Ale, Steampunk and Berried Alive are just a few of the staples. Seasonal beers are worked into the menu, meaning every trip could offer up an exciting new exploration into the creative brewmaster’s mind. For Payne and many others, it’s all this and more that wraps up into the package that is the Longwood Brewpub, fondly known as Nanaimo’s flagship spot. “I always like to say—this is a place for fun, beer and a little bit of business.”


VIC

TORI

A

Suzy Hahn

Corinna Schumann

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Mark Imhoff

Suzy Hahn

Mark Imhoff

Glen Glowinski

617 - 845 Dunsmuir Rd, Old EsquimaltBed: 2 | Bath: 3 | Sq Ft: 1,821

1890 Maple Ave, Sooke Village CoreBed: 6 | Bath: 5 | Sq Ft: 3,318

Lot 7 Whimfield Terr, Olympic ViewBed: 4 | Bath: 3 | Sq Ft: 2,404

6215 Powder Main Rd, Port RenfrewBed: 6 | Bath: 6 | Sq Ft: 4,403

Lot 17 Steeple Chase, Sooke Lot Size: 2.10 ac.

3352 Ravenwood Rd, TriangleBed: 6 | Bath: 4 | Sq Ft: 3,752

A & B - 8020 Drennan St, Sooke Bed: 6 | Bath: 5 | Sq Ft: 2,810

221 Quebec St, James BayBed: 6 | Bath: 6 | Sq Ft: 3,628

611 - 845 Dunsmuir Rd, Old EsquimaltBed: 2 | Bath: 3 | Sq Ft: 1,607

1250 Arbutus Rd, ParksvilleLot Size: 5.18 ac.

6999 Brailsford Pl, BroomhillBed: 5 | Bath: 4 | Sq Ft: 3,444

Sub-penthouse located on the highest...

A rare opportunity to buy a large, centrally...

Brand new 2016, 4 bed, 3 bath 2,400+ sq ft...

World renowned eco-friendly Soule Creek...

Development property in Church Hill...

Great location with an affordable mortgage...

Seller is motivated! Buy both sides for...

Luxury mini hotel/revenue triplex in...

One of most reputable waterfront buildings...

Excellent development opportunity in...

This 2008 custom-built home is located...

$1,699,000 | MLS® 355479

$989,888 | MLS® 351749

$739,900 | MLS® 360246

$1,999,999 | MLS® 349359

$1,250,000 | MLS® 345832

$939,788 | MLS® 359297

$594,900 | MLS® 359910

$1,999,900 | MLS® 357712

$1,149,000 | MLS® 358396

$899,900 | MLS® 360363

$584,900 | MLS® 360540

VICTORIA

3194 Douglas Street , Victor ia | [email protected] | (250) 383-1500

COLDWELL BANKER SLEGG REALTY


3431 Luxton Rd, LangfordBed: 4 | Bath: 0 | Sq Ft: 2,571

2550 Bevan Ave, SidneyBed: 2 | Bath: 2 | Sq Ft: 1,470

611 Stirling, LadysmithBed: 3 | Bath: 3 | Sq Ft: 2,151

6720 Nott Place, SookeBed: 4 | Bath: 3 | Sq Ft: 1,710

This four bedroom country-style home is a rare find. Set on 1.18 flat acres in fast growing Langford, this 2,500 square foot home offers a spacious living room with a feature gas fireplace, a large separate dining room with French doors leading to a covered patio plus a gorgeous eat-in kitchen with stainless steel appliances.

Enjoy waterfront living at the Residences at Portside Seaside. This two bedroom/two bathroom corner suite has an excellent floor plan and gas fireplace, plus fresh flooring, carpeting and painting throughout. Whether inside or out, indulge in brilliant views and immediate access to the surf and sand all day, every day.

This 3 bedroom, 3 bathroom home features stunning ocean views plus countless enhancements and upgrades designed for the most discerning buyer. Each room has its own bathroom, while the master comes complete with a large walk-in closet, spa-inspired ensuite and, even a hot tub set on the patio that’s just outside the door.

This 4 bedroom finishing carpenter’s home boasts a bright open kitchen/breakfast bar, plus French doors that lead to a stunning wood deck with views of the mountains and harbour as well as the fenced-in yard just steps below. Inside, relax and unwind in the master bedroom with its own luxurious ensuite.

$719,900 | MLS® Exclusive


$499,000 | MLS® 359114

$399,900 | MLS® 359493

GLEN GLOWINSKI

(250) 217-1205

ROBIN GOOCH (778) 679-1632

ROBIN GOOCH (778) 679-1632

ROBIN GOOCH (778) 679-1632

ROBIN GOOCH (778) 679-1632

GLEN GLOWINSKI

(250) 217-1205

GLEN GLOWINSKI

(250) 217-1205

GLEN GLOWINSKI

(250) 217-1205

VICTO

RIA




9259 Invermuir Rd, SookeBed: 2 | Bath: 1 | Sq Ft: 904

6999 Brailsford, Sooke Bed: 3+ | Bath: 3 | Sq Ft: 3,444

$574,000 | MLS® 356762

$584,900 | MLS® 356762

GLEN GLOWINSKI

(250) 217-1205

GLEN GLOWINSKI

(250) 217-1205

Come home to this 2 bedroom fairy tale cottage set on 3.06 oceanfront acres. The interior extends across 904 sq ft of bright, airy living space, complete with vaulted ceilings, a window seat and a cozy river rock fireplace. At night, tuck into the spacious sleeping loft, perfect for relaxing and unwinding.

Located in Stone Ridge Estate on a quiet cul-de-sac, this beautiful Arts and Crafts home rests on a 0.25 acre lot. Custom-built 5 years ago, this gorgeous 4 bedroom residence offers 3,444 sq ft spread across its open floor plan, plus sought-after features including hardwood floors and a maple-style kitchen.

ROBIN GOOCH (778) 679-1632

ROBIN GOOCH (778) 679-1632

5652 Woodlands Rd, Sooke Bed: 2 | Bath: 2 | Sq Ft: 2,257

5 acres with ocean views in Saseenos. 2004 custom-built, 2 bedroom + den, vaulted ceilings and huge master with a private ensuite. Wooden beams and large picture windows give the open concept living room and kitchen lots of natural light. The real bonus – the property also has 2 manufactured homes with $1,750 of monthly income.$849,800 | MLS® 359295

VINCE KRYNSKI(250) 383-1500

DAN CHILTON(250) 383-1500

752 Millington Place, HighlandsBed: 3 | Bath: 2 | Sq Ft: 1,668

This 3 bedroom rancher was built to impress. Located in popular Hanington Creek Estates and set on park-like land, you’ll enjoy both peace and unparalleled access – this home’s just 5 minutes to Millstream Village and Downtown Victoria. Inside, enjoy oversized windows, rich wood floors and a modern kitchen.

$529, 900 | MLS® 395587

CHRIS KIRBY (250) 415-1588

SOLD

VIC

TORI

A




VICTO

RIA

8 - 9512 Lochside Drive, SidneyBed: 5 | Bath: 4 | Sq Ft: 3,274

Steps to the water and downtown Sidney, this bright, spacious, 5 bedroom, 4 bathroom has it all, including a separate 2 bedroom in-law space and spa-inspired master ensuite. With 3,000 sq ft of living space paired with jaw-dropping views of the water, this sought-after home is one not to be missed.

$829,900 | Exclusive Listing

CHRIS KIRBY (250) 415-1588

120 Chancellor AvenueBed: 2 | Bath: 2 | Sq Ft: 1,652

1507 Newton HeightsBed: 4 | Bath: 5 | Sq Ft: 4,555

410-1015 Johnson StreetBed: 2 | Bath: 1 | Sq Ft: 950

This is a rare opportunity to own a low bank waterfront property on the Portage Inlet in Victoria. Enjoy the peace, calm and comforts, complete with lush natural surroundings, all paired with a beautiful 2 bedrooms, 2 bathroom home that comes complete with a relaxing den and an open, airy floor plan.

This sprawling 4,555 sq ft country estate sits on 10 lush private acres. Inspired by a classic turn of the century Pennsylvania farmhouse, this four bedroom is elegantly appointed with the finest finishes, treatments and fresh enhancements for a truly unique home designed with the most discerning buyer in mind.

This stunning urban-style 950 sq ft loft sits on the top floor of this sought-after building, steps from trendy Cook Street Village and downtown. With an airy open floor plan this 2 bedroom is complemented by a private deck and oversized living and dining rooms.

$749,000 | MLS® 359695

$1,399,000 | MLS® 359198

$318,000 | MLS® 360398

BRUCE SCOTT (250) 888-0080

BRUCE SCOTT (250) 888-0080

BRUCE SCOTT (250) 888-0080

CHRIS KRUSE (250) 888-1678

CHRIS KRUSE (250) 888-1678

CHRIS KRUSE (250) 888-1678

SOLD




VIC

TORI

A

Rob Angus

Shayne Fedosenko

Rob Angus

Corinna Schumann

Shayne Fedosenko

Camela Slack

Shayne Fedosenko

Shayne Fedosenko

Camela Slack

Suzy Hahn

Shayne Fedosenko

Shayne Fedosenko

675 Griffiths St, Victoria WestBed: 4 | Bath: 2 | Sq Ft: 1,800

Lot B Basinview Hts, SaseenosLot Size: 6.78 ac.

B - 8845 Randys Pl, West Coast RdBed: 3 | Bath: 2 | Sq Ft: 1,200

2230 C Phillips Rd, Sooke RiverBed: 4 | Bath: 3 | Sq Ft: 3,045

Plan 217 Sooke Rd, Sooke Village CoreBed: 3 | Bath: 1 | Sq Ft: 1,228

2089 James White Blvd, NW SidneyBed: 3 | Bath: 3 | Sq Ft: 2,215

3610 Petrel Dr, Jordan RiverLot Size: 2.87 ac.

2272 Church Hill Dr, Sooke Village CoreBed: 4 | Bath: 3 | Sq Ft: 2,464

4801 Eales Rd, KangarooLot Size: 19.55 ac.

575 Sedger Rd, TillicumBed: 5 | Bath: 2 | Sq Ft: 2,570

Lot A Basinview Heights, SaseenosLot Size: 4.78 ac.

Lot 14 Anderson Cove Rd, East SookeLot Size: 2.00 ac.

Looking for a house with an in-law suite?...

Approx 7+- acres, unbelievable Panoramic...

Absolutely breathtaking 270º views...

Two family homes on beautiful acreage...

3 legal properties: house and 2 duplex...

Well-maintained character...

Beach access through the park. Vendor...

Almost new, immaculate, 4+ bed, 3 bath home...

Build your dream house in sunny Metchosin...

Reduced $40,000 from $559,800 to $519,800...

Approx 5 acres with unbelievable panoramic...

Waterfront property. Price drop: $449,900...

$569,900 | MLS® 357977

$549,900 | MLS® 344351

$499,900 | MLS® 355968

$484,000 | MLS® 359471

$559,900 | MLS® 359787

$535,000 | MLS® 360642

$499,900 | MLS® 331184

$449,900 | MLS® 360259

$559,000 | MLS® 358157

$519,800 | MLS® 358164

$499,900 | MLS® 344350

$449,900 | MLS® 351169




VICTO

RIA

Gary Brailsford

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Chantele Mcphee

Rob Angus

Corinna Schumann

Suzy Hahn

Shayne Fedosenko

Rob Angus

Corinna Schumann

Shayne Fedosenko

2640 Sooke Rd, Glen LakeBed: 5 | Bath: 2 | Sq Ft: 2,217

6545 Cerantes Road, Port RenfrewLot Size: 7.40 ac.

6982 Wright Rd, Whiffin SpitBed: 5 | Bath: 3 | Sq Ft: 2,210


429 East Point Rd, Saturna IslandBed: 2 | Bath: 2 | Sq Ft: 1,438

803 Cecil Blogg Dr, TriangleBed: 4 | Bath: 3 | Sq Ft: 2,438

6011 Mcneil Road, DuncanBed: 4 | Bath: 4 | Sq Ft: 1,644

106 - 103 Gorge Rd East, BurnsideBed: 2 | Bath: 2 | Sq Ft: 1,128

3557 Waters Edge Dr, Jordan RiverLot Size: 2.64 ac.

9527 Sharples Rd, Sidney South-WestBed: 3 | Bath: 3 | Sq Ft: 1,452

3114 Glen Lake Rd, Glen LakeBed: 3 | Bath: 2 | Sq Ft: 1,247


1972, 5 bed, 2 bath, 2,217 sq ft home...

New price. In the core of Port Renfrew...

Brand new home to be constructed. 5...

House to be built by reputable builders...

Let barking sea lions and sweeping ocean...

Price reduced. Great for a large family....

Located at the end of a quiet cul-de-sac,...

$90K+ spent in reno. Architectural Digest...

Fabulous 2.6+/- acre waterfront lot....

Pre-construction pricing! Your choice...

Maintained and immaculately kept rancher...

Fabulous 2.71 acre waterfront lot. Watch...

$444,900 | MLS® 358711

$425,000 | MLS® 336247

$419,900 | MLS® 360268

$409,900 | MLS® 359184

$429,900 | MLS® 354875

$424,900 | MLS® 355917

$419,000 | MLS® 360240

$409,800 | MLS® 357925

$429,900 | MLS® 355026

$424,900 | MLS® 357670

$419,000 | MLS® 360519

$399,900 | MLS® 342561




VIC

TORI

A

Glen Glowinski

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Mark Imhoff

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

7019 West Coast Rd, Whiffin SpitBed: 4 | Bath: 2 | Sq Ft: 1,940

2311 Pyrite Dr, BroomhillBed: 5 | Bath: 3 | Sq Ft: 2,366


7775 Hemlock Rd, Kemp LakeBed: 3 | Bath: 2 | Sq Ft: 1,290


2062 Gladys Pl, SaseenosBed: 3 | Bath: 3 | Sq Ft: 1,450


10 - 7675 East Saanich Rd, SaanichtonBed: 3 | Bath: 2 | Sq Ft: 1,039

3026 Otter Point Rd, Otter PointBed: 2 | Bath: 2 | Sq Ft: 1,405


405 - 608 Fairway Ave, FairwayBed: 2 | Bath: 2 | Sq Ft: 986

A - 8020 Drennan St, Sooke Village CoreBed: 3 | Bath: 3 | Sq Ft: 1,405

Stunning and inspiring, new windows...

Subdivide a lot? All offers considered...

New home, expected completion for...

Steps to Kemp Lake. Situated on a sunny...

New home to be built. Get in now and...

Private, beautifully updated, 2-storey...

Beach access through the park. Fabulous...

Located in a very pet and family-friendly...

Great deal – last one left...

Beach access through the park. Fabulous...

Immediate possession. Seller has purchased...

Seller is motivated! Other side will...

$394,900 | MLS® 360614

$379,900 | MLS® 352586

$359,900 | MLS® 354973

$329,900 | MLS® 358781

$389,900 | MLS® 355323

$369,900 | MLS® 360042

$349,900 | MLS® 350535

$329,000 | MLS® 357265

$388,788 | MLS® 359296

$369,900 | MLS® 350534

$339,900 | MLS® 358329

$319,900 | MLS® 354513




VIC

TOR

IA

Shayne Fedosenko

Robin Cushing

Shayne Fedosenko

Wayne Schnick

Shayne Fedosenko

Suzy Hahn

Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Dan Chilton

Shayne Fedosenko

Gary Brailsford

6537 Sooke Rd, Sooke Village CoreBed: 3 | Bath: 1 | Sq Ft: 1,228

317 - 2745 Veterans Memorial PkwyBed: 2 | Bath: 2 | Sq Ft: 913

6985 Larkspur Rd, BroomhillLot Size: 0.41 ac.

A514 - 810 Humboldt St, DowntownBed: 1 | Bath: 2 | Sq Ft: 701

B - 8020 Drennan St, Sooke Village CoreBed: 3 | Bath: 3 | Sq Ft: 1,405

211 - 75 Gorge Rd West, GorgeBed: 2 | Bath: 2 | Sq Ft: 800

Lot B Lanark Rd, Sooke Village CoreLot Size: 0.07 ac.

3688 Whalers Cove Lane, Jordan RvLot Size: 2.60 ac.

410 - 825 Goldstream Ave, LangfordBed: 2 | Bath: 2 | Sq Ft: 885

1662 & 1664 Connie Rd, 17 MileLot Size: 7.13 ac.

Lot A Lanark Rd, Sooke Village CoreLot Size: 0.07 ac.

15 - 848 Hockley Ave, LangfordBed: 2 | Bath: 2 | Sq Ft: 1,060

Immediate possession. Own a house on...

Enjoy the morning sunrise from your...

Duplex zoned lot, on sewers, flat, easy...

Fractional ownership at the Parkside...

Seller is motivated! Buy both sides for...

Renovated in fabulous waterfront complex...

Duplex lot, 2 road fronts in the core of Sooke...

New price $139,900, borders park, no GST...

Don’t let the address fool you...

Court ordered sale. Remainder of strata...

Duplex lot, Sooke Core, flat easy build...

Mint condition 1990 double-wide home...

$294,000 | MLS® 359438

$269,900 | MLS® 360235

$169,900 | MLS® 359277

$139,900 | MLS® 355592

$279,900 | MLS® 359907

$219,900 | MLS® 360224

$169,900 | MLS® 359790

$139,900 | MLS® 351737

$269,900 | MLS® 358140

$219,900 | MLS® 348031

$149,900 | MLS® 359788

$134,900 | MLS® 359913




Shayne Fedosenko

Shayne Fedosenko

Shayne Fedosenko

Chris Sutton | May Sutton

Wayne Schnick

Wayne Schnick

May Sutton | Chris Sutton

Shayne Fedosenko

Shayne Fedosenko

Jim Johnson

Jim Johnson | Jay Deleskie

Lot 19 Mable Rd, Shawnigan LakeLot Size: 0.17 ac.


3705 Murrelet Close, Jordan RiverLot Size: 2.69 ac.

1580 Babine Road, CroftonBed: 4 | Bath: 3 | Sq Ft: 3,344



Lot 1 Vye Road, Crofton2.52 acres



Lot B Walcot Street, East Duncan24.59 acres

Sl 4 Meades Creek Rd, Lake CowichanSq Ft: 15,246

Builders terms considered, A.C, secluded...

Builders terms available. Secluded...

New pricing in Jordan River, inner lots...

A custom mini mansion on half acre,...



PLA in place. Proposed 12-lot subdivision....

Builders terms considered, secluded,...

Seller may consider builder’s terms, 25k...

The last large undeveloped ocean view...

Live the dream in spectacular west...

$134,500 | MLS® 337706

$126,900 | MLS® 358949

$99,900 | MLS® 359197

$445,000 | MLS® 400634

$131,000 | MLS® 351486

$124,500 | MLS® 348253

$319,000 | MLS® 395588

$127,900 | MLS® 337716

$124,500 | MLS® 337713

$1,650,000 | MLS® 402743

$309,000 | MLS® 402025

VIC

TOR

IA /

DU

NC

AN

DUNCAN




Jay Deleskie

Chris Sutton | Charles Sutton

Mike Phillips*

Jim Johnson

Chris Sutton | May Sutton

Jay Deleskie

Jim Johnson

Mike Phillips*

Jim Johnson

Patricia Kultgen

Patricia Kultgen

74 - 658 Alderwood Drive, LadysmithBed: 2 | Bath: 2 | Sq Ft: 1,056

3555 Monterey Dr, North Jingle PotBed: 5 | Bath: 3 | Sq Ft: 3,223

997 Douglas Ave, South NanaimoBed: 5 | Bath: 4 | Sq Ft: 2,702

2135 Bowen Road, Central NanaimoBed: 4 | Bath: 2 | Sq Ft: 2,060

201 - 35 Newcastle Ave, Brechin HillBed: 2 | Bath: 2 | Sq Ft: 1,800

2715 Departure Bay Rd, Departure BayBed: 2 | Bath: 1 | Sq Ft: 1,100

2318 Pheasant Terrace, Diver LakeBed: 4 | Bath: 2 | Sq Ft: 1,814

1950 Main Road, CedarBed: 4 | Bath: 3 | Sq Ft: 2,804

ABCD - 2302 Rosstown Rd, Diver LakeBed: 10 | Bath: 4 | Sq Ft: 4,134

4265 Clubhouse Drive, UplandsBed: 5 | Bath: 3 | Sq Ft: 2,016

415 Chestnut Street, Brechin HillBed: 2 | Bath: 2 | Sq Ft: 1,908

One owner 16 wide modular home at Rocky...

Beautiful, executive home with over...

Like new (2015) custom-built, 2,700+...

COR 3 - Many used, perfect live/work...

Very seldom does a condo of this calibre...

A unique oasis across from Departure Bay...

Large central Nanaimo location that...

9+ acres of prime Light Industrial zoned...

Legal duplex on one massive dual address...

Mortgage helper! Here is an opportunity...

Welcome to Brechin Hill. This 2 bedroom...

$124,900 | MLS® 385344

$735,000 | MLS® 401572

$439,900 | MLS® 403167

$399,000 | MLS® 402746

$614,800 | MLS® 399693

$425,000 | MLS® 403514

$352,000 | MLS® 402968

$1,600,000 | MLS® 403321

$475,000 | MLS® 401030

$415,000 | MLS® 397791

$339,500 | MLS® 402946

DU

NC

AN

/ NA

NA

IMO

NANAIMO

102 - 540 5th Street , Nanaimo | [email protected] | 250-756-9700



Phase 1 & 2 sold out; Phase 3 is coming May 2016. Starting at $304,900. Best value in town! Stunning 3 and 4 bedrooms, 3 bathrooms, detached character home located in Timberwood Trail. Perfect for young families, first time home buyers and retirees. These homes have it all, including a spacious living room with a gas fireplace, gourmet kitchen equipped with a pantry, 4 stainless steel appliances, fenced yard and lots of green space and park trails. Additionally, each home features a generous master bedroom with a large closet, 2 additional bedrooms, and crawlspace under the stairs for additional storage as well as a tandem garage with rough-in central vac and room for a workbench. The development is centrally located to all levels of schools, university, Nanaimo Aquatic Centre and ice rink. Walking trails are on your back doorstep and transportation only a block away. A rare find!

1060 Timberwood Drive, Nanaimo | From $304,900 | MLS® 395531, 395532 & 395533JAYSON DELESKIE (250) [email protected]



Bed: 3 | Bath: 3 | Sq Ft: 1,407+

Sold

Sold

Sold

Sold

Sold

Sold

SoldNA

NIM

O




5465 & 5463 Godfrey RdBed: 4 | Bath: 4 | Sq Ft: 2,105

3795 Glen Oaks Drive Bed: 3 | Bath: 3 | Sq Ft: 1,650

Quality craftsmanship meets modern design in this new 4 bedroom, 4 bathroom home currently under construction in the family-friendly Brannen Lake area. This open floor plan home boasts 2,105 sq ft of space spanning 3 levels and includes a luxe master bedroom, rec/theatre room and new sundeck. Available March 31.

Quality craftsmanship & traditional architecture combine with modern design and aesthetics to produce this gorgeous, luxury rancher currently under construction in the prestigious Ridge subdivision on the top of Glen Oaks Drive. This innovative home features an open concept floor plan, 16 ft vaulted ceilings, gas fireplace and more.

$389,900 each | MLS® 401664 & 401667


MIKE PHILLIPS* (250) [email protected]

MIKE PHILLIPS* (250) [email protected]

1277 Sophia Drive, CroftonBed: 4 | Bath: 3 | Sq Ft: 2,328

Beautiful custom-built, oceanfront 4 bedroom home overlooking Saltspring Island and the coastal mountains. Open concept design featuring vaulted ceilings and crown moulding. Kitchen features granite counter tops, apron sink and hand cut granite backsplash. A covered veranda with views of all the activity the ocean has to offer.

$729,000 | MLS® 395587

MAY SUTTON(250) 619-9891

Mike Phillips* Mike Phillips* Patricia Kultgen

570 St George St, Central NanaimoBed: 5 | Bath: 2 | Sq Ft: 1,804

301 - 4949 Wills Road, UplandsBed: 2 | Bath: 2 | Sq Ft: 1,170

210 - 770 Poplar Street, Brechin HillBed: 1 | Bath: 2 | Sq Ft: 840

Located on a strategic corner lot in... Own one of the largest 2 bedroom units... Welcome to Vancouver Island and all...

$289,900 | MLS® 401830 $209,900 | MLS® 401188 $169,900 | MLS® 392315

NA

NA

IMO


NA

NA

IMO

/ P

AR

KSV

ILLE

& Q

UA

LIC

UM

PARKSVILLEQUALICUM

Patricia Kultgen

Patricia Kultgen

Wayne Dumbrell | Denise Dumbrell

Patricia Kultgen

Tim Peligren

Patricia Kultgen



1101 - 1097 Bowen Road, NanaimoBed: 2 | Bath: 1 | Sq Ft: 841


600 Elk Trail, ErringtonBed: 3 | Bath: 2 | Sq Ft: 1,760


38 - 1670 Meadowood Way, QualicumBed: 5 | Bath: 4 | Sq Ft: 4,568


1071 Coldwater Road, ParksvilleBed: 5 | Bath: 4 | Sq Ft: 4,4000

Lt B Allsbrook Road, Errington38.548 acres

This 2 bedroom condo offers affordable...


Imagine living here! This 1,760 sq ft...


This one of a kind home on over an acre...


One of the area’s private premier properties...

A rare find of 38.548 acres southern...

$85,000 | MLS® 400104

$75,000 | MLS® 401177

$599,900 | MLS® 401474

$75,000 | MLS® 400277

$598,000 | MLS® 402339

$75,000 | MLS® 401181

$1,150,000 | MLS® 396534

$595,000 | MLS® 391176

Wayne Dumbrell | Sharon Dumbrell Alyce Carney Tim Peligren

983 & 989 Little Mtn. Rd, Errington Bed: 6 | Bath: 2 | Sq Ft: 3,232

2483 Cross Road, NanooseBed: 3 | Bath: 3 | Sq Ft: 2,731

1725 Settler Road, Qualicum NorthBed: 6 | Bath: 4 | Sq Ft: 3,819

This is exactly what you are looking... Priced to Sell, this spacious 4 bedroom... A unique opportunity located in Qualicum...

$595,000 | MLS® 387974 $519,000 | MLS® 403545 $459,900 | MLS® 401087

124 Craig Street , Parksvil le | [email protected] | (250) 248-2488



PAR

KSVILLE &

QU

ALIC

UM

3415 Simmons Pl, Nanoose Bed: 3 | Bath: 3 | Sq Ft: 3,560

Perched on the highest point on Schooner Ridge in Fairwinds – an exclusive golf course community – this stately residence offers the very best of indoor/outdoor living. The 3,500 sq ft home boasts 180-degree views of the Georgia Strait, a 1,400 sq ft patio and decks that take advantage of the beauty that surrounds.

$1,888,000 | MLS® Exclusive

RUTH STALEY(250) 240-2034

LARRY STALEY(250) 240-2035

Alyce Carney

Wayne Dumbrell | Sharon Dumbrell


Tim Peligren



Tim Peligren



1193 Bowlby Road, ErringtonBed: | Bath: | Sq Ft: 920

Lt 2A Elk Trail, Errington2.49 acres

Lt 8A Evergreen Way, Errington2.49 acres

62 - 1955 Toms-Turn-Around, Qualicum Bed: | Bath: 1 | Sq Ft: 798

Lt 6A Elk Trail, Errington2.61 acres

Lt 8B Evergreen Way, Errington2.49 acres

69 - 1785 Warn Way, QualicumBed: 4 | Bath: 2 | Sq Ft: 1,565

Lt 6b Elk Trail, Errington2.61 acres

Lt 10A Evergreen Way, Errington2.49 acres

This property has the ability for additional...

Mini estate and hobby farm acreages...


This 10 acre properly has unbeatable...



Situated on 4.99 acres, this 1565 sq...



$459,000 | MLS® 403713

$249,000 | MLS® 394727

$220,000 | MLS® 394735

$398,000 | MLS® 403073

$225,000 | MLS® 394732

$220,000 | MLS® 394736

$397,500 | MLS® 400648

$225,000 | MLS® 394733

$215,000 | MLS® 394737




PAR

KSV

ILLE

/ Q

UA

LIC

UM

/ P

ORT

ALB

ERN

I

PORT ALBERNI


Tim Peligren

Tim Peligren

Tim Peligren


Tim Peligren

Tim Peligren

Tim Peligren

Tim Peligren

Tim Peligren

Tim Peligren

Lt 2B Elk Trail, Errington2.49 acres

215 - 1742 Martini Way, Qualicum0.298 acres

280 - 1796 Cameron Cres, Qualicum0.51 acres


Lt 1b Elk Trail, Errington2.47 acres



184 - 1580 Pady Place, Qualicum0.23 acres

47 - 1704 Warn Way, Qualicum2.13 acres

186 - 1592 Pady Place, Qualicum0.21 acres

283 - 1818 Abbey Road, Qualicum0.32 acres


This beautiful southeastern facing...

This 0.51 acre recreational river front...






The 2.13 acre property is cleared and...



$210,000 | MLS® 394729

$58,900 | MLS® 403461

$36,900 | MLS® 381288

$28,900 | MLS® 381306

$199,000 | MLS® 394726

$39,900 | MLS® 381305

$34,900 | MLS® 381291

$28,800 | MLS® 381301

$148,900 | MLS® 381295

$39,900 | MLS® 381287

$29,900 | MLS® 381300




PORT A

LBERN

I / CO

MO

X VA

LLEY

COMOX VALLEYDenise Dumbrell | Wayne Dumbrell

David Odamura

Bob Joiner

George Reid

Owen Smith

George Reid

David Odamura

David Odamura

Gerry Chwelos

George Reid

2664 12th Ave, Port AlberniBed: 3 | Bath: 2 | Sq Ft: 1,958

4958 David Road, Courtenay SouthBed: 3 | Bath: 2 | Sq Ft: 2,478

702b 26th Street, Courtenay CityBed: 2 | Bath: 1 | Sq Ft: 1,084

2 - 158 Back Road, Courtenay EastBed: 2 | Bath: 1 | Sq Ft: 917

8345 Island S Hwy, Union/Fanny BayBed: 2 | Bath: 1 | Sq Ft: 1,050

101 - 2883 Muir Road, Courtenay East0.1811 acres

48 - 1901 Ryan Rd, Comox PeninsulaBed: 3 | Bath: 1 | Sq Ft: 768

Lt 1 Spindrift Road, Courtenay South9.2 ac

605 Colby Road, Comox0.36 acres

109 - 2883 Muir Road, Courtenay East0.178 acres

Family home located in a safe, quiet...

Beautiful half acre of walk-on waterfront...

Single level conveniently located 2...

Affordable and good location for shopping,...

Shopping for a shop? Look no further!...

Here comes a new neighbourhood. Oakridge...

This delightful 3 bedroom single wide...

Beautiful acreage 10 minutes south of...

Street of Dreams - Imagine your dream...

Here comes a new neighbourhood. Oakridge...

$210,900 | MLS® 398666

$549,000 | MLS® 391462

$219,000 | MLS® 402902

$118,900 | MLS® 394173

$389,000 | MLS® 402507

$164,900 | MLS® 387460

$48,000 | MLS® 403226

$995,000 | MLS® 392561

$249,900 | MLS® 378074

$164,900 | MLS® 387480

NORTH ISLAND

350 - 17th Street , Cour tenay | [email protected] | (250) 898-8790



NO

RTH

ISL

AN

D

Ernie Koizumi

Rosa Powell

Ernie Koizumi

Ernie Koizumi

Ernie Koizumi

Ernie Koizumi

Rosa Powell

Ernie Koizumi

Ernie Koizumi

Ernie Koizumi

Rosa Powell

460 & 470 Dogwood St, Campbell RiverBed: 8 | Bath: 2 | Sq Ft: 7,200 | Sq Ft: 7,200

315 Serenity Dr, Campbell River WestBed: 3 | Bath: 2 | Sq Ft: 1,702

746 Nelson Road, Willow Point0.20 acres

2165 Park Rd, Campbell River NorthBed: 2 | Bath: 2 | Sq Ft: 1,500

1303 - 27 Island S Hwy, Campbell RiverBed: 1 | Bath: 1 | Sq Ft: 800

101 - 894 Island S Hwy, Campbell RiverBed: 2 | Bath: 2 | Sq Ft: 1,325

843 Sayward Rd, Kelsey Bay/SaywardBed: 4 | Bath: 1 | Sq Ft: 2,398

2605 Penfield Road, Willow PointBed: 5 | Bath: 3 | Sq Ft: 2,740

184 Erickson Road, Willow Point0.82 acres

6 - 1800 Perkins Rd, Campbell RiverBed: 2 | Bath: 2 | Sq Ft: 1,250

968 Rupert Ave, Port AliceBed: 3 | Bath: 2 | Sq Ft: 1,736

Two cash cows; these two 3 plexes are...

Excellent family starter home situated...

Breathtaking panoramic ocean and mountain...

When opportunity knocks - very unique...

Gorgeous 1 bedroom with unobstructed...

Big in your face ocean views. Bring...

Sayward, BC on Vancouver Island. Looking...

A panoramic ocean view. Spacious...

Unique building lot, just steps from...

Quiet, 50+ park. Note size. Spacious...

This affordable, quality updated home...

$538,888 | MLS® 389576

$337,900 | MLS® 397460

$169,900 | MLS® 401373

$471,900 | MLS® 402221

$219,900 | MLS® 386718

$129,900 | MLS® 390690

$399,000 | MLS® 402985

$377,700 | MLS® 401046

$179,900 | MLS® 367532

$39,900 | MLS® 399955

$177,000 | MLS® 403037

Debbie Garrett

4 - 5215 Fanshawe Street, Port HardyBed: 3 | Bath: 3 | Sq Ft: 1,274

Quiet townhome living in the Storey’s...

$79,900 | MLS® 398435




ISLAN

DS

4037 Appian Way, Campbell RiverBed: 3 | Bath: 2 | Sq Ft: 2,456

1-132 Oregon Rd, Campbell RiverBed: 3 | Bath: 3 | Sq Ft: 2,509

This Campbell River 3 bedroom house offers the best of indoor and outdoor living. From the unobstructed views to an exclusive 158-foot level walk-on beach, you’ll never be more than steps from the water or from the comforts of home. Relax, indulge and entertain in this truly one-of-a-kind waterfront property.

Located on the desirable Maryland Subdivision, this 2,509 sq ft, 3 bedroom, 3 bathroom home offers a host of incredible amenities and additions, making it a must-see for any prospective buyer. From the moment you enter this 9 years young property you’ll experience its charm, comfort and understated elegance.

$915,000 | MLS® 403562

$539,000 | MLS® 402303

ROSA POWELL (250) [email protected]

ROSA POWELL (250) [email protected]

Alyce Carney Rosa Powell

Debbie Garrett Debbie Garrett

Lt 72 Spring Bay Road, Lasqueti IslandBed: 3 | Bath: 1 | Sq Ft: 1,290

1 - 843 Sayward Road, Kelsey BayBed: 2 | Bath: 1 | Sq Ft: 938

205 1st Street, Sointula Bed: 3 | Bath: 2 | Sq Ft: 1,492

403 Fir Street, Alert BayBed: 2 | Bath: 1 | Sq Ft: 780

For a full list of our residential listings visit: sleggrealty.com or vanislandrealty.com

This is a wonderful level 10 acres with...Sayward, BC on Vancouver Island. Must...

Centrally located in the heart of the... This property is in a prime location...

$379,999 | MLS® 400904 $29,000 | MLS® 402986

$138,900 | MLS® 401435 $87,500 | MLS® 403317



ISLANDS


George ReidDavid Odamura

Rosa Powell

George Reid

Ernie Koizumi

Debbie Garrett

3 & 4 - 350 17th St, Courtenay City2699 Dunsmuir Ave, Cumberland

391 Island Hwy, Campbell River

3 & 4 - 350 17th St, Courtenay City

460 & 470 Dogwood St, Campbell River

205 1st Street, Sointula

The total 2nd floor of a 3-storey landmark office building located on a...

This 2,764 sq ft building of a younger vintage is ideally situated on the...

Spectacular oceanfront property with great development potential. Investor and developer...

The total 2nd floor of a 3-storey landmark office building located on a...

2 cash cows property. These two 3-plexes are being offered together only...

Fantastic opportunity with this property that includes a residence and...

$299,000 | MLS® 398893 $295,000 | MLS® 394580

$1,195,000 | MLS® 387705

$14 | MLS® 402372

$538,888 | MLS® 389575

$138,900 | MLS® 401436

NORTH ISLAND

ISLANDS

For a full list of our commercial listings, visit:

sleggrealty.com or vanislandrealty.com

350 - 17th Street, Courtenay | [email protected] | (250) 898-8790


NO

RTH

ISL

AN

D


PAR

KSVILLE &

QU

ALIC

UM



David Odamura

Tim Peligren

Jay Deleskie

David Odamura


George Reid

Sharon Dumbrell | Denise Dumbrell

983 & 989 Little Mountain Rd, Errington

5017 Argyle Street, Port Alberni

Lt 1 Spindrift Road, Courtenay South

976 Price Road, Errington

2345 Alberni Hwy, Errington

331 4th Street, Courtenay City

124 Craig Street, Parksville

695 Aspen Road, Comox

1 & 2 - 350 17th St, Courtenay City

Main house offers up & down self-contained suites comprising large 3 bedrooms....

Price slashed from $257,000. Retiring owner wants it sold. This 2,166 sq ft building....

Beautiful acreage 10 minutes south of Courtenay in the Craigdarroch Beach...

This 0.94 acre property has been the home for a marine repair and sales...

Landmark Highway mixed use commercial building in the heart of Coombs along...

Fantastic exposure with this commercial building with 80’ of road frontage....

Parksville’s premier corner commercial building at Craig Bay and Hirst St....

A developer’s dream come true! 5.16 sub-dividable acres in the heart of...

Fabulous building with full pure triple net leases to solid tenants’ covenant....

$595,000 | MLS® 400804

$210,000 | MLS® 391194

$995,000 | MLS® 392917

$889,900 | MLS® 393995

$525,000 | MLS® 389111

$495,000 | MLS® 394987

$850,000 | MLS® 401202

$4,200,000 | MLS® 401245

$349,000 | MLS® 399061

PARKSVILLEQUALICUM

PORT ALBERNI

COMOX VALLEY


6 MARCH 2016 WEST LIVING MAGAZINECOLDWELL BANKER SLEGG REALTY

Jim Johnson

Jim Johnson

Jim Johnson

Chris Sutton

Mike Phillips*

Jim Johnson

Mike Phillips*

Mike Phillips*

Jay Deleskie

Mike Phillips*

Mike Phillips*

Mike Phillips*

7 Victoria Road, Old City

ABCD - 2302 Rosstown Rd, Diver Lake

1 - 5769 Turner Road, North Nanaimo

50 - 113 10th Street, South Nanaimo

102 - 5281 Rutherford Road, Uplands

2135 Bowen Road, Central Nanaimo

102 - 5281 Rutherford Road, Uplands

Main - 1880 Dufferin Cres, Nanaimo

398c Bruce Ave, University District

101 - 572 Stewart Ave, Brechin Hill

321 Wesley Street, Old City

Upper - 1880 Dufferin Cres, Nanaimo

Historic Old City – Nanaimo’s iconic landmark: one of Nanaimo’s original firehall...

Legal duplex on one massive, dual-address 2302 and 2304 lot with convenient...

Iconic award-winning North Nanaimo restaurant, proven cash flow, in operation...

Established dollar store in South Gate mall. This is a turnkey opportunity...

Introducing this 6-year-old, chalet-style mixed residential and commercial building...

COR 3 zoned property with a well-maintained home. Both Bowen Road and rear...

This north-end bistro operates out of a near new, chalet-style mixed building...

Lease rate $14.00/sq ft. This is a unique build-to-suit opportunity...

A once in a lifetime opportunity to purchase one of the biggest independent...

Prime waterfront retail and commercial unit, strategically located along a...

For sale - wood fired pizza and handmade pasta business in downtown Nanaimo....

Lease rate $10.00/sq ft. This is a unique build-to-suit opportunity...

$950,000 | MLS® 402747

$475,000 | MLS® 401032

$199,000 | MLS® 402761

$59,900 | MLS® 400580

$659,000 | MLS® 401831

$399,000 | MLS® 402745

$180,000 | MLS® 401824

$14 | MLS® 401120

$595,000 | MLS® 403161

$239,900 | MLS® 401748

$129,000 | MLS® 401826

$10 | MLS® 401121

102 - 540 5th Street, Nanaimo | [email protected] | 250-756-9700


NA

NA

IMO


VIC

TOR

IA / D

UN

CA

N / N

AN

AIM

O

Dan Chilton

Tim Beaumont

Jim Johnson

Tim Beaumont

Daniel Weiss

Jay Deleskie

Mike Phillips*

Dan Chilton

Jay Deleskie

Mike Phillips*

111 Cls, Downtown

941 Ellery St, Old Esquimalt

Lt B Walcot Street, East Duncan

1077 Goldstream Ave, Langford

3 - 2062 Henry Ave,NW Sidney

55c Canada Ave, West Duncan

1950 Main Road, Cedar

768 Goldstream Ave, Langford Proper

202 - 55 Canada Ave, West Duncan

1880 Dufferin Cres, Central Nanaimo

Thai restaurant in tourist area now reduced for quick sale operating for...

Centrally located close to the city core. Very open space multiple bay...

The last large undeveloped ocean view development site in beautiful mill...

Absolutely one of the best development opportunities in Langford, let your...

Approximately 3,000 sq ft with approximately 1,500 sq ft on each floor. Great exposure...

Lease rate is $14.00/sq ft per annum. Street level with high traffic retail...

9+ acres of prime light industrial zoned land ideally located in south...

Priced to expedite sale florist and gift shop established for 18 years...

Lease rate is $8.75/sq ft per annum. Great location of this executive...

For sale or lease. This is a unique build-to-suit opportunity for retail and commercial...

$299,888 | MLS® 356311

$12 | MLS® 348144

$1,650,000 | MLS® 402744

$200,000 | MLS® 353915

$7 | MLS® 356240

$14 | MLS® 401950

$1,600,000 | MLS® 403322

$39,900 | MLS® 357074

$9 | MLS® 401951

$1,450,000 | MLS® 401670

DUNCAN

NANAIMO

3194 Douglas Street, Victoria | [email protected] | (250) 383-1500



VIC

TORI

A

VICTORIA

Tim Beaumont

Corinna Schumann

Daniel Weiss

Tim Beaumont

Tim Beaumont

Tim Beaumont

Vince Krynski

Tim Beaumont

Dan Chilton

Victoria Cao

Vince Krynski


1890 Maple Ave, Sooke Village Core

3 - 2062 Henry Ave, NW Sidney

1080 Goldstream Ave, Langford Lake

303 Goldstream Ave, Colwood Corners



1074 Goldstream Ave, Langford Lake

10298 South Shore Rd, Lake Cowichan

777 Royal Oak Dr, Broadmead


Absolutely one of the best development opportunities in Langford, let your...

A rare opportunity to buy a large, centrally located commercial C2 zoned...

Major financing concession. Seller will carry $395,000 at 3% for 10 years....

Located in Langford, this is a great development opportunities, with the potential to...

Absolutely amazing location and property with existing business. The location,...

located in Langford, this could be a great development investment. Let your...

For sale or lease, industrial strata lot in West Sidney business park,...

Absolutely one of the best development opportunities in Langford, the potential...

Vancouver Island Golf Course. Exceptional opportunity to acquire a challenging...

Profitable, suppliers ready, easy to run, hand-to-hand training... What...

For sale or lease, industrial strata lot in West Sidney business park...

$3,000,000 | MLS® 353913

$989,888 | MLS® 351751

$399,000 | MLS® 356237

$8,123,052 | MLS® 353917

$2,750,000 | MLS® 351644

$717,500 | MLS® 353912

$389,800 | MLS® 357091

$3,797,094 | MLS® 353916

$1,995,000 | MLS® 348303

$450,000 | MLS® 360486

$379,800 | MLS® 357090

3194 Douglas Street, Victoria | [email protected] | (250) 383-1500



Debt Coverage Ratio for Commercial Mortgages

Unlike residential mortgages, which are approved based on an individual’s income, commercial mortgage lenders are primarily interested in the actual cash flow of the property, with the investor normally being reviewed secondarily.

One of two primary commercial loan criteria involved is called the Debt Coverage Ratio and is the inverse of the residential mortgage criteria known as the Debt Service Ratio. Another major difference is that the answer is expressed as an actual ratio as opposed to the residential formula’s answer, which is usually presented as a percentage. The Debt Coverage Ratio is defined as the number of times the annual Net Operating Income (NOI) covers the annual mortgage payments of principal and interest. The NOI (Net Operating Income) includes annual normalized operating revenues and expenses, but excludes depreciation, amortization, interest expenses and income taxes, as these are investor/owner specific and would lead to comparisons of apples to oranges etc.

The following example should provide clarity. A commercial office building has an annual NOI of $1,000,000 with total annual mortgage payments of $800,000, thereby resulting in a Debt Coverage Ratio of $1,000,000 / $800,000 equaling 1.25:1.00. For uninsured commercial mortgages the normal range for Debt Coverage Ratio is 1.20 to 1.35, while insured mortgages can go as low as 1.10:1.00.

The second prime commercial loan criterion is Loan-To-Value, which is explained below. The lender will take the lower value of these 2 criteria as the amount he/she is willing to fund.

Loan-to-Value Ratio for Commercial Mortgages

Normally, the other principal commercial mortgage funding limitation is the Loan-To-Value calculation. The lender takes the lesser of the agreed purchase price or the current appraised value and multiplies it by their determined mortgage funding percentage. For example, if the building’s current appraised value is the lower of the 2 values at $1,000,000, and the lender has decided to apply a 70% LTV, this results in a mortgage funding amount of $700,000. The last step is for the lender to determine the lower of the Loan-To-Value amount and the maximum mortgage funding as calculated with the Debt Coverage Ratio. That lesser amount will then be the mortgage amount the lender is willing to advance. For uninsured commercial mortgages the Loan-to-Value normally ranges from 60% to 75%, while insured mortgages normally fund at 80% to 85%, but, in a very special case may get to 90%.

As alluded to above, virtually all commercial lenders require a formal appraisal of a multi-family, commercial or industrial building as part of their due diligence. Please note that, unless there has been a major change with the building, the age of an acceptable appraisal is usually 6 months, although sometimes a year-old appraisal is acceptable. If your appraisal is unacceptable to the lender, either because it is dated and/or was not prepared by an appraiser acceptable to the lender, an updated or an entirely new appraisal may be required. To avoid duplication and extra costs, please get a list of approved appraisers from your lender immediately after your conditional offer to purchase has been accepted or you have decided to refinance an existing commercial or industrial building.

COMMERCIAL MORTGAGES’ TWO BASIC LENDING CRITERIA

BY MIKE MULLIN


MAGAZINECommercial Buildings Across Vancouver Island

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