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Posts tagged ‘Townhouse’

SOLD | Langford Townhouse For Sale – 1550 sqft 3 bedroom 3 bathroom – 203 – 2731 Jacklin Road

Townhouse for sale, Langford, Victoria, BC

203 – 2731 Jacklin Road, Langford, Victoria BC

SOLD | MLS® 328300 $369,900

Well maintained, perfectly-located 2009-built 3 bedroom 3 bathroom townhouse in central Langford. Just turn the key and move in – nothing needs doing here. With a location close to schools, shopping, recreation, and all commuter and bus routes, this is a compelling package!  Read more

Sooke Waterfront Townhouse For Sale – 1360 sqft 3 bedroom 3 bathroom Sooke Harbour Resort Unit 141

Sooke Harbour Resort - Townhouse for Sale

Unit 141 at Sooke Harbour Resort and Marina

MLS® 325769 $279,499

Resort-style living, year round, at one of Vancouver Island’s premier ocean front properties! Sooke Harbour Resort and Marina offers guests comfort and adventure, but there is also the opportunity to buy a unit and live there all year long!  Read more

SOLD – Ocean View Semi-Detached Townhouse For Sale in Sooke – 2067 Kaltasin Road

THIS PROPERTY IS NOW SOLD!

This bright, clean, and beautifully updated ocean-view townhouse in an oceanfront complex is truly a bargain for the quality and size of the unit. Dare to compare – there are a few other homes in this price range, but all are much smaller and none have ocean views and beach access.

Read more

SOLD – Langford Condo – Huge 1 Bedroom 1 Bath – Ground Level – 102 – 908 Brock Ave

$229,900 SOLD!

Rarely does such a large one bedroom unit become available! At over 840 square feet, this stylish and conveniently located townhouse-style condo is hard to beat. Perfect for couples of all ages, especially retirees, this stair-free unit exemplifies one-level living at its finest. With a large, sunny Read more

Mariner’s Village In Sooke To Include New Medical Centre

Mariner's Village, Sooke, Master Concept

Sooke is quickly becoming one of the province’s fastest growing communities. New neighbourhoods are under construction, new parks and trails being established, and new commercial developments are being undertaken. Perhaps the most exciting of these developments is the Mariner’s Village project. Mariner’s Village is a mixed-use, multi-phase waterfront development which will include condominiums and townhouses, a new marina, restaurants, shops, offices and more.

Much more than just a subdivision, Mariner’s Village is the first step in the re-imagining of downtown Sooke. The town’s official community plan calls for enhanced development south of Sooke Road (Hwy 14) to improve public access and sight lines of our spectacular waterfront of the Sooke Harbour and Basin.

For a few years, there has been talk about a new medical centre being built in Sooke – more comprehensive and modern than the town’s existing small clinics, scattered about the community. In the plan for Mariner’s Village is the “Sooke Professional Wellnes Centre,” a large (perhaps up to 10,000 sqft) facility complete with doctors’ offices, Vancouver Island Health Authority (VIHA) space, lab space, x-ray clinic, and other medical and wellness facilities.

A more comprehensive medical facility is essential for our town’s growth, especially considering that the nearest hospital is 25-35 minutes’ drive away in View Royal. And for the communities further west of Sooke like Shirley, Port Renfrew and Jordan River, it will be even more critical.

The project is just getting started, with its sales office for the first residential phase having just opened a couple of weeks ago. While it will take some time for this facility to be built, it will be worth the wait. If you want more information about Mariner’s Village or any other developments or neighbourhoods in Sooke, please call me at 250-885-0512, email Tim@TimAyres.ca or fill in my contact form.

Want to know why Sooke is the place to be? Contact me!

Tim Ayres – Sooke Real Estate Professional

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What is a Strata Duplex – And Why Are They So Great?

I’ve always been a fan of strata duplexes – and I’ve never understood why some people shy away from them. Often, I find the same people who would not buy a duplex would quite readily buy a townhouse, which seems counter-intuitive to me.

A strata duplex is a duplex which is registered under the Strata Property Act. The purpose of such registration is to allow each side to have a separate title, and therefore, enable each side to belong to different owners. You could think of a strata duplex as a 2-unit condo or townhouse complex. Each side is a separate strata lot (like each unit in a condo building), and the common property is the exterior of the building including the roof, and sometimes, a common driveway. Usually the yard area is designated as limited common property: common property designated for the exclusive use of a certain strata lot.

The difference between a strata duplex and a condo or townhouse lies in the way the Strata Property Act affects the owners. Typically, strata duplexes are much less formal than condos or townhouses. Technically, they are subject to the same rules and regulations as any other strata – they must have a council, records, bylaws, collect strata fees, and contribute to a contingency fund. However, in practice, most strata duplexes do none of this. Beyond splitting the cost for insurance (a fire/earthquake policy covering the exterior of the building and common property liability) and common property maintenance and repairs (cleaning gutters, roof maintenance, etc), there is very little strata-like business that goes on in a strata duplex.

Strata duplexes are great because they are often larger and cheaper than a comparable townhouse, and don’t have some of the potential headaches that come with strata property ownership. Instead of 50 other owners to deal with and make happy, there are two. Good neighbour policy will prevail in most cases and the owners will come to an agreement about repairs and maintenance. In addition, you will often find that strata duplexes have much larger lots than the tiny postage-stamp that you’d have in a townhouse.

Sometimes, you can find a half duplex with a rental suite in it, making it ever-more-affordable and potentially attractive from an investor’s standpoint. It’s important to note, however, that most suites in duplexes are unauthorized.

If you’re considering buying a townhome or condo, you should look into a half duplex – you might be surprised to find a great alternative. If you decide to buy a half duplex, it would be wise to inquire with the owner of the other half about maintenance responsibilities. Obviously, it’s no good to replace just your half of the roof if the whole thing is getting to the point of replacement and the other owner refuses or doesn’t have the money. You’ll want to ensure the other owner is on the same page as you about replacing it.

If you’ve got a strata duplex to sell, and want an agent who understands this market segment, I’d love an interview. For more information about strata duplexes, including current listings, contact me.

Tim Ayres – Sooke Real Estate Professional

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Sooke Harbour Resort and Marina – Recreational Ownership Opportunities

Sooke Harbour Resort and Marina

Sooke Harbour Resort and Marina - photo by Jason van der Valk

Sooke Harbour Resort and Marina is a beautiful oceanside resort development located in the heart of Sooke, British Columbia. Sooke is a small seaside community on the southwest tip of Vancouver Island, about a 45-minute drive away from Victoria.

The development was completed in 2006, and since then, 70% of the project has been sold. The developers recently engaged the team at Royal LePage Coast Capital Realty in Sooke to market the remaining units. They felt that our local representation and the strength of the MLS® would be the key to getting the rest of the project sold.

IMG_7524

The Resort is unique in Sooke in that you can own a whole unit, or choose a fractional ownership option of one quarter or one eighth share, depending on your budget and your needs. I currently hold the listing for unit 145, which is for sale at an amazing price of $399,900. I can also sell quarter shares at $125,000, or eighth shares at $64,000. Fractional ownership is whole ownership of a part of the property. It is not the same as timeshare. With timeshare, you do not own anything and are not registered on the title to the property. With fractional ownership, you are the registered owner of the property, along with the other owners. An agreement is put in place for use of the property, and there is a rotation ensuring that each owner gets his or her share of prime time in the unit.

IMG_7532All the units at Sooke Harbour Resort and Marina come fully furnished and equipped, and have an on-site management team who will take care of all maintenance, interior and exterior. You simply show up to your vacation getaway, and it is exactly as you left it before. If you wish, you can also place your townhouse in the rental pool, and earn income when you’re not using the property!

Unit 145 has stunning panoramic views of Sooke Harbour and Basin, the Strait of Juan De Fuca, and the Olympic Mountains. It has about 1140 square feet of luxury living space, two balconies, two bedrooms and two full baths. The floor plan is well thought out and functional.

Sooke Harbour, looking towards Whiffen Spit and East Sooke

Sooke Harbour, looking towards Whiffen Spit and East Sooke

Salmon and halibut fishing is outstanding in Sooke, and this year has so far been the best in recent memory. Sooke fishing charters can be arranged right from the comfort of your vacation getaway home, or launch your own boat from the ramp. Book a scenic and exciting tour with a local Sooke whale watching company, right on site. Kayak rentals are also available, to explore the placid waters of the Harbour and Basin. Be sure to check out the new photo art gallery by local photographer and graphic designer, Jason van der Valk of Discover Sooke.

This is truly a great opportunity for an easy, accessible, and affordable vacation home or investment property. This is the only such development in Sooke, which is fast becoming the place to be on southern Vancouver Island.

Please see the listing page on my website for more information and pictures. Call me any time at 250-885-0512, email Tim@TimAyres.ca or fill in my contact form to ask questions or book your personal tour.

Tim Ayres – Sooke Real Estate Professional

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Strata Mondays #3 – Maintenance Responsibilities

In my continuing series about strata property, Strata Mondays, I answer a different question about condos, townhouses and other strata property in Victoria, Sooke, and British Columbia. Make sure you subscribe via RSS or E-mail to get each new post.

Spiderman Survives the Recession

Spiderman Survives the Recession

Q. Who is responsible for the exterior maintenance of a strata complex (including washing windows)?

A. The easy answer here is it depends, but usually it’s the strata corporation who is in charge of the exterior maintenance of a strata complex like a condominium or townhouse.

When you own a condo or townhouse, you own the strata lot and a share of the common property of the strata corporation. Your strata lot is basically everything inside the walls of your unit and sometimes a parking space and/or storage locker. The common property is the strata building itself including the roof, windows, balconies, exterior walls, driveways, landscaping, hallways, elevators, and so on. Everyone pays strata fees, the amounts proportional to the size of their strata lot, which are used to insure, maintain and repair the common property.

The BC Strata Property Act, Part 2, Section 3 says:

Responsibilities of strata corporation

3 Except as otherwise provided in this Act, the strata corporation is responsible for managing and maintaining the common property and common assets of the strata corporation for the benefit of the owners.

Usually this means that the strata corporation would be responsible for paying to have the exterior of the building cleaned and the windows washed. Most responsible complexes have this done a couple of times a year. However, sometimes there are bylaws in place that place the duty to maintain the exterior of the strata buildings on the shoulders of the individual owners. A good example of this would be a detached townhouse complex where each owner would be responsible for replacing his or her own roof, since it only directly benefits that owner.

Part 5, Division 1, Section 72 of the BC Strata Property Act says: (emphasis mine)

Repair of property

72 (1) Subject to subsection (2), the strata corporation must repair and maintain common property and common assets.
(2) The strata corporation may, by bylaw, make an owner responsible for the repair and maintenance of

(a) limited common property that the owner has a right to use, or
(b) common property other than limited common property only if identified in the regulations and subject to prescribed restrictions.

(3) The strata corporation may, by bylaw, take responsibility for the repair and maintenance of specified portions of a strata lot.

The Strata Property Act Standard Bylaws say: (emphasis mine)

Repair and maintenance of property by owner

2 (1) An owner must repair and maintain the owner’s strata lot, except for repair and maintenance that is the responsibility of the strata corporation under these bylaws

(2) An owner who has the use of limited common property must repair and maintain it, except for repair and maintenance that is the responsibility of the strata corporation under these bylaws.

and;

Repair and maintenance of property by strata corporation

8 The strata corporation must repair and maintain all of the following:

(a) common assets of the strata corporation;
(b) common property that has not been designated as limited common property;
(c) limited common property, but the duty to repair and maintain it is restricted to

(i)  repair and maintenance that in the ordinary course of events occurs less often than once a year, and
(ii)  the following, no matter how often the repair or maintenance ordinarily occurs:

(A)  the structure of a building;
(B)  the exterior of a building;
(C)  chimneys, stairs, balconies and other things attached to the exterior of a building;
(D)  doors, windows and skylights on the exterior of a building or that front on the common property;
(E)  fences, railings and similar structures that enclose patios, balconies and yards;

(d) a strata lot in a strata plan that is not a bare land strata plan, but the duty to repair and maintain it is restricted to

(i)  the structure of a building,
(ii)  the exterior of a building,
(iii)  chimneys, stairs, balconies and other things attached to the exterior of a building,
(iv)  doors, windows and skylights on the exterior of a building or that front on the common property,
(v)  fences, railings and similar structures that enclose patios, balconies and yards.

So, while the standard bylaws and the Act say that it’s the strata corporation’s responsibility for exterior maintenance,  it’s possible that your strata complex may have enacted a bylaw that requires the owners to wash their own windows, maintain their own landscaping, or perform other exterior maintenance. To be sure, you’ll have to read your strata corporation bylaws carefully.

If you have a question about strata property, or any other real estate matter, please e-mail me at Tim@TimAyres.ca or fill in my contact form. I can also be reached by phone at 250-885-0512

Tim Ayres – Sooke Real Estate Professional

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Sooke Real Estate Under $300,000

First Time Buyer? Investor? Looking to stop renting?

There are currently 21 properties as of today (October 20th, 2008) for sale in Sooke under $300,000. And we’re not talking tiny, cramped condos or bachelor pads. The type of properties available for this price range varies from spacious condos and townhouses in waterfront complexes in the Sasseenos area, a small acreage in the Otter Point area, half duplexes in the town core, and even some under-construction brand-new townhouses. The best buy might be the 0.39 acre parcel on Church Road which will be ripe for redevelopment in the future. There are also lots of mobile/manufactured homes in Sooke for between $75,000 – $200,000.

Sooke MLS Real Estate Listings under $300,000

The link above is updated live, so feel free to bookmark it! If you have any questions about how you can get into your own home for under $300,000, give me a call at 250-885-0512 or send me an e-mail to Tim@TimAyres.ca

For your information, a $300,000 property would cost you approximately $1400 per month if you put 5% down and took out a 30-year mortgage, according to RBC’s mortgage calculator, based on a rate of 5.0%. I know several excellent mortgage brokers who can get you pre-qualified with the best rates, saving you thousands of dollars in interest.

Tim Ayres – Sooke Real Estate Professional

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Sooke’s Sunriver Estates launches The Pointe Townhomes This Weekend

The Pointe at Sunriver Esates

On our weekly MLS® tour yesterday, we were invited to Sooke’s popular master-planned community, Sunriver Estates to view their first multi-family development, the Pointe. The Pointe is a 4-unit-per-building townhouse complex, with 32 units sitting on 7 acres on a peninsula which juts out from De Mamiel Drive and is surrounded by the steep banks of De Mamiel Creek. The setting is stunning, and the townhomes are certainly impressive. The show suite we went through of course had all the bells and whistles upgrades – luxurious soaker tubs, hardwood floors, quartz countertops. The units are all one-level (although some require a climb of stairs from the front door) and range in size from about 1500 to nearly 1700 square feet, and feature open floor plans with lots of windows to enjoy the lush rainforest outside your door.

Prices start at $359,900 including GST. Sunriver knows their market and has done a spectacular job of their first multi-unit development. The show suite opens to the public this weekend, June 21 and 22

Tim Ayres

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