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Jun 17, 2020

The Vancouver Island Real Estate Board Releases Their 2019 Buyer Profile

The Vancouver Island Real Estate Board (VIREB) has released its 2019 Buyer Profile, which provides the data of who, what, and where of residential property purchases made north of Victoria on Vancouver Island.
 
The report is based on the survey responses of 1,378 VIREB home buyers, and includes details such as where they moved from, what they bought, and why they purchased. The report also summarizes home characteristics for VIREB’s overall board area and the various sub-areas within its boundaries. These include Campbell River, Comox Valley, Cowichan Valley, Nanaimo, Parksville-Qualicum, Port Alberni-West Coast, North Island, and the Gulf Islands.
 
According to the press release from VIREB, the 2019 demographic trends are similar to past years. Owner-occupiers continue to be the primary buyers in the VIREB area, with 83 per cent of those who bought last year intending to live in the home. Downsizing accounted for 12 per cent of home sales, while two per cent of purchases were investment properties and recreation homes.
 
Single-family detached homes represented the majority of sales in 2019, at 54 per cent, with apartments accounting for 13 per cent of purchases and townhouses garnering eight per cent of total home sales.
 
Despite a weaker housing market last year, home prices posted gains throughout the VIREB area. In 2019, 20 per cent of homes purchased were under $300,000, 49 per cent were under $450,000, 76 per cent were under $600,000, and nearly 90 per cent sold for under $750,000. Only three per cent of properties in the VIREB area sold for more than $1,000,000.
 
The percentage of first-time buyers in 2019 was 19 per cent in Campbell River, 13 per cent in the Comox Valley, 12 per cent in the Cowichan Valley, 19 per cent in Nanaimo, and 22 per cent in Port Alberni-West Coast. Among the Gulf Islands, first-time buyers accounted for 23 per cent. Just five per cent of purchasers in the Parksville-Qualicum area were first-time buyers, not surprising due to the region’s popularity among retirees. Overall home purchases for retirement purposes came in at 57 per cent, down two per cent from 2018 but virtually the same as in 2016 and 2017.
 
VIREB’s complete 2019 Buyer Profile includes many other insights and is available here on VIREB.com. The accompanying infographic is here.

Jun 03, 2020

Vancouver Island Real Estate Board May 2020 Market Highlights

The Vancouver Island Real Estate Baord has relaeased their market highlights for May 2020. VIREB covers the region of Vancouver Island outside of Victoria and some Gulf Islands. For more details visit vireb.com.

 

Nov 05, 2018

Vancouver Island's Real Estate Market Slowed in October

According to the Vancouver Island Real Estate Board’s (VIREB) October Statistics, sales of single-family homes from Duncan to Port Hardy were down 16 per cent from October 2017 and up 11 per cent from September 2018. Multiple offers have slowed, and buyers are taking more of a wait-and-see approach.

October 2018 Multiple Listing Service Sales Summary:
  • Comox Valley: $523,255, +3% from Sept., +2% last Oct., YTD units sold -34%
  • Campbell River: $484,033, -10% from Sept., +5% last Oct., YTD units sold -13%
  • Port Alberni: $375,482, -12% from Sept., +20% last Oct., YTD units sold -53%
  • Parksville/Qualicum: $575,763, +15% from Sept., +10% last Oct., YTD units sold -5%

Decreased demand and stabilizing inventory are helping VIREB’s long-term sellers’ market evolve into one that is more balanced. Inventory of single-family homes in October was up slightly from one year ago (1,175 compared to 1,138) but down eight per cent from September. There were 322 active listings of apartments in October, up seven per cent from 2017 while the supply of townhouses rose by 28 per cent year over year. This year’s housing market is behaving as expected, moderating after the record-setting pace set in 2016 and 2017.

Excerpted from the VIREB Nov. 1, 2018 press release

 

Nov 13, 2015

Centrally Located Home for Sale in Campbell River with Realtor® Bruce Carruthers

542 Pinecrest Road Campbell RiverCommercial and residential Realtor® Bruce Carruthers of Re/Max Check Realty in Campbell River has listed a single-family home for sale on Pinecrest Road. This five-bedroom, three-bathroom home includes a downstairs in-law suite and newer fixtures and features.

This family home for sale is centrally located in Campbell River and within walking distance to the pool, arenas, shopping and schools. There is RV parking, a workshop in the house, and a garden area. The home has southern exposure for plenty of natural light. 

This single-family home for sale in Campbell River has been listed with a sale price of $274,900. Bruce has been a a licensed Realtor®  for over 25 years in Campbell River, and his goal is to provide a professional service to his clients and to make sure that they are 100% satisfied when buying or selling real estate in the Campbell River area.

For more information about this home listed with Bruce Carruthers, or any property in Campbell River contact:

Contact

Address: 950 Island Highway, Campbell River
Office: 250-286-1187 Cell: 250-287-0151
Websitehttp://www.checkrealty.ca/
Contact Bruce

Apr 02, 2015

Commercial Real Estate for Sale in Campbell River on Vancouver Island with REALTOR® Bruce Carruthers

Commercial property for sale with Bruce Carruthers in Campbell River Commercial Realtor Bruce Carruthers with Remax Check Realty in Campbell River

If you’re seeking commercial properties for sale, business opportunities, or residential real estate in the city of Campbell River, REALTOR® Bruce Carruthers with Remax Check Realty in Campbell River has the knowledge to help you find the commercial or residential real estate property that is right for you.

Carruthers is now listing a commercial property for sale in Campbell River. This commercial building for sale is zoned commercial 3 and is situated on a 100 ft. by 100 ft. lot on the Island Highway in the Quinsam/Campbelton area. Both the land and building are for sale, and offer highway access, main road exposure, and storefront.

The main floor of the building offers 4,752 sq. ft. of space, and is leased. The building also includes a two-bedroom and a one-bedroom suite. The building currently generates $4,260 in income per month (MLS Listing #388423). 

The Campbell River area has approximately $1.3 billion worth of new construction projects underway, including an estimated $ 1 billion in construction by BC Hydro and $300 million by the Vancouver Island Health Authority as part of the North Island Hospitals project.

For more information on this property, or any other commercial or residential real estate, for sale in Campbell River contact Commercial REALTOR® Bruce Carruthers:

Contact

Address: 950 Island Highway, Campbell River
Office: 250-286-1187 Cell: 250-287-0151
Websitehttp://www.checkrealty.ca/
Contact Bruce

Dec 02, 2014

Great Residential Properties for Sale in Campbell River with Realtor® Bruce Carruthers

Bruce Carruthers, residential and commercial Realtor, enjoying fishing in Campbell RiverCampbell River Realtor® Bruce Carruthers, with Re/Max Check Realty has a great selection of residential properties for sale in Campbell River.

One listing, at240 Stratford Drive, is a single family home currently listed at $368,500. This 2,440 sq. ft. home has four bedrooms and three bathrooms (MLS Listing #380631) with full walkout basement. The yard is fully landscaped, with rock wall, fruit trees, and garden, and all the amenities are nearby. Best of all, you get mountain views and amazing western sunsets.

For more information on these listings, and other residential listings, call Bruce Carruthers at Remax Check Realty. Bruce has been a resident of Campbell River for more than 40 years and a licensed realtor for over 25 years. He handles residential and commercial real estate listings in Campbell River, Campbellton,Willow Point and other areas of the city, as well as Black Creek, Saratoga Beach and Merville.  Bruce has built his success on trust, honesty and integrity. He enjoys fishing, hiking, caving and all aspects of the great outdoors.

Contact Us

Bruce Carruthers
Address: 950 Island Highway, Campbell River, BC V9W 2C3
Phone250.286.1187, Cell: 250.287.0151: Toll Free 800.379.7355
Contact

Aug 16, 2014

Campbell River Commercial REALTOR® Bruce Carruthers Can Help Buy and Sell Commercial & Residential Real Estate

Commercial Realtor Bruce Carruthers, with Remax Check Realty in Campbell River

Commercial Realtor Bruce Carruthers, with Remax Check Realty in Campbell River specializes in finding business opportunities, relocation opportunities, foreclosure properties for sale or purchase, commercial properties and condominiums. His knowledge of the Campbell River area means he can help find the right commercial or residential real estate property for you.

Bruce Carruthers is currently showing a prime commercial building with a national tenant with confirmed tenancy for another 2 - 8 years. The property is located at 1661 Willow Street in Campbell River.

This property has an excellent location on the Inland Island Highway, with both North and South driving accesses. The national tenant has 2 years remaining on the initial term of their lease, with three 5 year options for renewals at negotiated rates. The steel frame building is 9,840 sq. ft. with an additional 2,220 sq. ft. finished mezzanine and a covered drive-thru of 4,410. The lot size is 48,868 sq. ft. with approximately 180 feet of frontage on Tamarac Street and a similar amount on Willow Street.

The Campbell River area has approximately $1.3 billion worth of new construction projects underway, including an estimated $ 1 billion in construction by BC Hydro and $300 million by the Vancouver Island Health Authority as part of the North Island Hospitals project.

For more information on this property, or any other commercial or residential real estate, contact Commercial  REALTOR®, Bruce Carruthers by phone at  250.287.0151  or at the office at 800.379.7355. His office is located at Remax Check Realty 950 Island Highway, Campbell River, BC V9W 2C3

Jun 11, 2014

Commercial Realtor in Campbell River is Bruce Carruthers

Campbell River commercial realtor Bruce Carruthers of Re/Max Check Realty specializes in commercial real estate sales on Vancouver Island. He is the expert in buying and selling commercial real estate in Campbell River. Campbell River is the place to purchase real estate, as there are many new projects underway, including the construction of the John Hart Dam, the expansion of the new hospital, the construction of a new hotel, office building, a new Berwick Retirement Centre and more!  Over $1 billion in construction activity to occur in the next three years.

Bruce has been a resident of Campbell River for more than 40 years and a licensed realtor for over 25 years. He handles commercial real estate listings in Campbell River, Campbellton, Willow Point, and other areas of the city, as well as Black Creek, Saratoga Beach and Merville on Vancouver Island, BC

Commercial Realtor Bruce Carruthers has built his success on trust, honesty, and integrity.Contact him today at Re/Max Check Realty for all of your Campbell River commercial real estate needs.

For more information, or to contact Bruce, call him direct at 250.287.0151 or toll free at 800.379.7355.

Sep 26, 2013

Campbell River Commercial Realtor Bruce Carruthers Has a Versatile Commercial Building With Shop and Display Area For Sale or Lease in Campbell River

Campbell River Commercial Realtor Bruce Carruthers, with Remax Check Realty, has a number of commercial properties for sale and lease in Campbell River.

One listing, at 1841 Island Highway in Campbell River North, is currently priced at $269,900 and also available for lease. This .136 acre property in Campbell River houses a single-storey 3,264 square-foot commercial building with a shop, sales office, and parts and display area. Located across from the Husky station, 1841 Island Highway offers lane access and is heated with natural gas. A new roof was installed eight years ago, and the adjoining lot is also for sale.

For more information on this Campbell River commercial property for sale, or to find the right property for your business, contact Campbell River Realtor Bruce Carruthers at Remax Check Realty.

Bruce has been a resident of Campbell River for more than 40 years and a licensed realtor for over 25 years. He handles commercial real estate listings in Campbell River, Campbellton, Willow Point, and other areas of the city, as well as Black Creek, Saratoga Beach and Merville.

Contact Commercial Realto Bruce Carruthers in Campbell River

Sep 20, 2013

Campbell River Realtor Jenna Schoock’s Featured Home for Sale Overlooks Seymour Narrows in Campbell River on Vancouver Island

Campbell River Realtor Jenna Schoock's featured home for sale is an incredible oceanfront property in Campbell River on Vancouver Island. Breathtaking views of Seymour Narrows await when you step through the door of this walk-on waterfront home at 5462 Race Point Road in Campbell River, BC.

This beautiful 2,470 square-foot property for sale features four bedrooms, five bathrooms, a three-car garage, and a charming one-bedroom cabin, perfect for guests or summer barbecues. Other highlights of this home include:

  • two fireplaces;
  • security system;
  • jetted bathtub;
  • hot tub;
  • heated driveway;
  • water purifier; and
  • three-car garage with a pit for working on vehicles.

Priced at $769,950, 5462 Race Point Road in Campbell River represents quintessential West Coast living. To learn more about this home, call Campbell River Realtor Jenna Schoock at 250.287.2000 (cell) or toll-free at 1.800.563.7322.

 

 

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