I have sold a property at 3842 Barclay Rd
I have sold a property at 3842 Barclay Rd.
Well kept almost 2000 sqft 2-storey home on a large lot with detached garage/shop in desirable Painter Barclay. This 3 bed, 2 bath with 4th bedroom potential downstairs checks all the boxes. Upstairs includes 2 bedrooms including the master, main bath, solid wood kitchen, large dining area, and cozy living room upstairs with wood stove. Also on the main floor is both a sizeable covered patio looking over the backyard and a lovely deck in the front with southern exposure. Downstairs there is a large rec/family room, beautifully renovated bathroom, and 3rd bedroom. Entry to basement either through carport or side entrance which could make for suite potential. Also on the large lot is a 730 sqft shop/garage with 12 foot doors able to store just about anything. Siding has been redone in the last 3 years, roof less than 10 years old, 2019 hot water tank. Close to renowned Painters Lodge and Dolphins Resort. Enjoy the peacefulness of the countryside while staying in city limits.

I have sold a property at 31 2055 Galerno Rd
I have sold a property at 31 2055 Galerno Rd.
Lovely well cared for 2 bedroom, plus a den with a skylight and two full bathrooms all on one level. Open concept living, with spacious kitchen and living room with a gas fireplace. Off the dining room is a south facing low maintenance yard area. The master bedroom is large with an abundance of natural light with a walk-in closet and ensuite. There is a single garage, driveway parking, guest parking and the Strata also has RV/Boat parking available! Centrally located in the heart of Willow Point, walking distance to the ocean and an abundance of shopping amenities.

I have sold a property at 745 Upland Dr
I have sold a property at 745 Upland Dr.
Centrally located family home with a 1 bedroom in-law basement suite! This home has had several updates over past years some include; Vinyl windows upstairs, on demand gas hot water, gas furnace and heat pump, newer vinyl deck and exterior paint, new kitchen cabinetry in the downstairs suite as well as newer kitchen and appliances upstairs etc. On the main floor you'll find the main living spaces, vinyl flooring throughout, gas fireplace in the living room great for an alternate heating source. Access the large sundeck from the upper floor where you can soak up the summer sunshine. Further to the main, the Primary bedroom and two more good sized bedrooms and a full bath. Downstairs the main part of the home has access to an additional family room down and large laundry/storage room. Moving into the self contained in-law suite, it has it own entry door, laundry hookup, 3 pc bath and kitchen & living space. The large 0.24ac lot offers plenty of room for RV Parking and room for shop.

New property listed in CR Campbell River Central, Campbell River
I have listed a new property at 815 Homewood Rd.
Attention Investors and those looking to build some sweat equity, large lots in Central Campbell River are hard to come by. This Main level entry home with partially finished basement is certainly worth checking out. Bring your paintbrush this solid 2 storey home needs some cosmetics & comes with a detached shop, shed, and a world of possibilities. 2 bedrooms, kitchen, living, dining, and bath upstairs. Downstairs contains a separate entrance to lower level and has 1 bath, den, laundry, and plenty of unfinished space to do as you please. Zoning supports a suite & has potential for three dwellings per lot, Located close to all amenities such as Nunn's Creek park and downtown shopping centres. A true diamond in the rough!

New property listed in CR Willow Point, Campbell River
I have listed a new property at 142 701 Hilchey Rd.
Investor Alert. 3 bedroom 2 full bath townhouse in Trails Edge complex with an oversized single garage and tenants in place. This popular family complex is close to all levels of schools, North Island College, shopping, the beach, the Sportsplex and Beaver Lodge Lands. The primary bedroom on the main floor has a large ensuite and access to a private back patio. There's a covered deck off the upstairs living room that's open to the kitchen and dining room. This is a solid well cared for complex with low strata fees in a fantastic Willow Point location.

New property listed in CR Campbell River Central, Campbell River
I have listed a new property at 105 1350 Island Hwy S.
Amazing Ocean & mountain views from this renovated 2 bedroom 2 bath home with a massive 324 sqft sun soaked new epoxy patio with a gas bbq outlet. Some of the features are distressed hand scraped engineered maple flooring, a custom ensuite with a heated tile floor and a walk in shower with no threshold, new fridge & dishwasher, fresh paint, gas fireplace on a thermostat. Covered patio with access to grassy area off entrance side of unit. Building very well maintained with a metal roof, heated underground parking & common workshop, also has a storage locker. View will improve as powerlines out front are being put underground & landscaping is being completed on the ocean side to include picnic tables & benches along the sea walk which is literally steps from your front door. On the bus route & within walking distance of Willow Pt shopping. +55 adult oriented building, no rentals and pets allowed with restrictions. Nothing to do here but move in and enjoy the view.

I have sold a property at 656 Alder St
I have sold a property at 656 Alder St.
Sometimes somethings happen in life and things can be to much - This is one of them. The house is in need of some TLC and some lipstick and rouge to be brought back to its former self. This is your opportunity to get into this crazy market at an affordable price and find a place to call home. Home is 3 bedrooms with a little extra room- & 2 bathrooms. Home was modified for wheelchair accessibility. There is a lane behind the home so you have access from Alder or the lane.

I have sold a property at 2320 Galerno Rd
I have sold a property at 2320 Galerno Rd.
You will feel right at home when you walk into the 1700 sq ft home! The cozy living room leads you through to the kitchen and dining room with its own fireplace, perfect for family dinners. French doors open from the dining room onto a private garden and dining area. There is a natural gas hookup for the BBQ and a private spot for the included hot tub. The yard is fully fenced and truly serene with mature trees and established landscaping. Inside you will find two bedrooms and a beautifully designed master bath with soaker tub and plenty of natural light. Upstairs there is a fabulous bonus room/third bedroom. The washing machine and dryer are only 1 year old, fridge and stove are each 2 years old and the microwave hood vent is new and the heat pump is only 2 years old. This home is move in ready! Don't wait on this beauty, call your agent today for more information!

New property listed in CR Willow Point, Campbell River
I have listed a new property at 375 Wayne Rd.
Willow Point custom built 4bd /3bth 2510sgft home with large legal, detached fully self contained 1 bedroom cottage. There's beautiful hand scrapped oak flooring on the main floor, fresh paint throughout,20ft ceilings in the open concept great room accented by the large stone wrapped natural gas fireplace adjoining the family sized dining room and kitchen that's a chefs dream with Wolf gas stove, a wine fridge and granite countertops. Large main floor master features a 4pc ensuite & bidet and you will also find a large walk-in closet. The second main floor bedroom has vaulted ceilings and a murphy bed. The loft area is open to the great room below. The upper bedrooms are both generously sized and the main bath is conveniently located for the kids use. New heat pump for main house in 2019. The garage has custom cabinets and a large slab workbench as well as tons of over height storage and a durable epoxy floor. The beautifully finished cottage was completed in 2020

New property listed in CR Campbell River Central, Campbell River
I have listed a new property at 2 325 Niluht Rd.
West Coast Contemporary patio home that is a stand alone rancher. You will love the modern design, and open concept living with an abundance of natural light. The modern kitchen has quartz countertops, stainless appliances with vaulted ceilings in the main living area with a gas fireplace. Spacious master bedroom with deluxe ensuite with two sinks, shower and soaker tub. There are two additional bedrooms and a main bathroom. Home is heated with an economical heat pump that also provides A/C, and has hot water on demand. Enjoy the ocean views from the south facing rear patio and the front yard. This is a Bare Land strata development, you own the building and land free title. Two pets permitted, no size restriction for dogs, no rentals must be 19+.

I have sold a property at 948 Springbok Rd
I have sold a property at 948 Springbok Rd.
Welcome to 948 Springbok Road, central location with park like feel! This well kept basement entry home boasts 4 bedrooms and 3 bathrooms with over 2000 sqft of well used space for the whole family. Upstairs features 3 bedrooms, including the master bedroom with 4-piece ensuite, main bathroom, kitchen and dining area with walkout slider to backyard patio, and large family room with a cozy gas fireplace. Downstairs contains a bedroom, den, 3-piece bath, living room, laundry, and garage access from the main hall. Newer vinyl windows, roof in the last 10 years, nice tile accents, suite potential. Located close a multitude of recreation, shopping, amenities, and renowned park Beaver Lodge Lands. Get a piece of beautiful Campbell river today!

Why Canada needs to focus on ways to encourage more home building



Dan Rees is group head, Canadian banking at the Bank of Nova Scotia. Jean-Franois Perraultis Scotiabank’s chief economist

The recent run-up in housing prices, and the attendant worries about affordability and accessibility, have many stakeholders scrambling to find quick solutions. While understandable, those approaches are likely to have only minimal impacts on Canada’shousing situation and its consequences for people looking for a reasonably priced place to live.

Focusing on interest rate policy or macroprudential instruments, such as stricter mortgage stress tests, draws attention away from the underlying cause of the problem: the inability of supply to meet demand. Put simply, this country doesn’t build enough housing. We should not be surprised by this. Canada has increased immigration dramatically in recent years to tremendous benefit to the economy, but we failed to pro-actively address the housing challenges the consequent population boom was sure to bring. Policy efforts must focus far more on anticipatory, collaborative, multi-stakeholder and very specific solutions to the housing situation rather than on the short-term and ultimately ineffective macroprudential Band-Aids applied in recent years.

Scotiabank Economics is publishing research this week looking at the increase in Canada’shousing stock relative to the increase in population over the past several years to get a sense of how effective we have been in creating new units.

The numbers are not encouraging.

One way to look at it is by using the ratio of new housing to population growth. By that measure, construction has been well below its historical average since mid-2017. That is perhaps not surprising, given that Canada has seen an immigration-fuelled population boom since 2015. In the three years leading up to the COVID-19 pandemic, population grew nearly twice as fast as new housing units were being built. That ratio improved some what with the COVID-related stall in immigration, but it is likely to reverse course once immigration returns to planned levels. The total number of housing units in Canada relative to population might be the most informative metric in assessing the gap between needs and availability. There were fewer homes per 1,000 Canadians in 2020 than in 2016. For the ratio to have remained stable, an additional 90,000 units should have been built in Canada over that time.

We also compared Canada’s ratio of housing units to population with those of some of our peer countries, which makes the point more starkly. The average number of housing units per 1,000 residents across the Group of Seven, including Canada, is 471. Canada’s ratio is 424 per 1,000. To resolve this shortfall, it would take 1.8 million homes, in addition to what currently exists in Canada, to achieve the required level of housing supply relative to the population.

Just catching up to the U.S. ratio would require about 100,000 additional units. To match the U.K. would require about 250,000 extra homes. We have averaged just 188,000 completions annually over the past 10 years. Why is this the case? Our bank’s developer and real estate clients across the country have told us the main impediments to supply growth are in planning and approval processes, which in many cities can be lengthy and political.  Any number of provisions can delay or derail development applications. From a rental perspective, the structure of requirements to build housing, rent controls and rising development charges are among the main obstacles. Shortages of skilled trades are also affecting builders’ ability to meet demand. We must act quickly to address the factors limiting the supply response of all forms ofhousing: owned, rentals, affordable, single-family and multifamily.

We propose that Ottawa convene a national table bringing together federal, provincial and municipal authorities along with builders, developers and civil society organizations to document the multiple challenges to raising supply, and to identify solutions to these obstacles. Given the urgency of the supply challenge, this table should be convened quickly and report on potential solutions within the next six months, with commitments by all parties to act immediately upon them. Additional federal funding to incentivize provinces and municipalities to overcome political obstacles will almost certainly be required. The federal government could tie future transit funding to population density and speed-of-approval objectives, for instance. Or it could offer incentives for cities that responsibly raise density to a certain threshold.

Solving our country’s housing challenge should be a national priority. The steep increase in prices will have severe consequences across our cities and towns and impact all income levels. Affordable rent will be less attainable for our essential workers. Home buyers will continue to flee cities to suburbs and small towns, affecting affordability and forcing more people to commute. First-time buyers and young Canadians will be kept out of the housing market altogether. And existing middle-class families will be incapable of upsizing to accommodate growing and multi generational families.

The sustainable solution is not rooted in the interest rate or macroprudential space, but in a determined effort to remove obstacles that limit the supply response of housing. A comprehensive national approach should be pursued to identify changes that could increase the responsiveness of supply to demand, and those changes should be implemented aggressively.

Canadians want to own a home. Developers want to build them. Let’s help make that happen.

Your time is valuable. 

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