MOREL REAL ESTATE TEAM NEWSLETTER | AUGUST 2020
Sea to Sky Real Estate Update
WHISTLER’s real estate market saw a total dollar volume of approximately $90 Million in July. There were a total of 68 transactions a significant increase from June. Of those sales, 11 were chalets, 26 were townhomes and 13 were condominiums. July of last year only recorded 42 transactions.
For a complete breakdown of Whistler Sales by Dollar Volume, Transactions and Property Types, for the past few years, please view our July 2020 stats package here
Property sales in PEMBERTON brought in $14 Million in total dollar volume in July, the biggest month seen so far in 2020. There were a total of 24 transactions in Pemberton, considerably higher than July of last year that recorded 11 transactions. Of those sales 9 were condominiums and 7 were townhomes.
Want more Pemberton Stats?
view our July 2020 stats package here
The SQUAMISH real estate market had a total of $37 Million in sales in July. There were a total of 45 property transactions which shows a slight decrease from June, however it still tracked higher than July 2019 which recorded 34 transactions.
Want more Squamish Stats?
view our July 2020 stats package here
CANADA SEES RECORD INCREASE IN HOMES SOLD IN JULY
“What a difference three months makes, from some of the lowest housing numbers ever back in April to the multiple monthly records logged in July,” said Shaun Cathcart, CREA’s senior economist. “A big part of what we’re seeing right now is the snap back in activity that would have otherwise happened earlier this year.
Canada’s economy is emerging from the steepest downturn since the Great Depression, fuelling a renewed housing boom. Housing starts hit a two-year high last month, while the latest confidence readings show optimism about prices is rebounding.”
Read the full article here in the Province.
FEATURED LISTINGS
Wonderful 1/2 DUPLEX on a large, fenced lot with 3 bedrooms, 2 bathrooms plus a self-contained nanny quarters. Situated on a quiet and friendly cul-de-sac in “The Glen” and close to everything in town. A duplex that feels like a home with a garden, lots of privacy and spectacular views of Mt. Currie! Features include wood burning fireplace, an en-suite off the master plus a garage – And no monthly strata fees! The property was renovated in 2013 with all new pipes, new bathrooms with in-floor heating, carpet and paint. The roof was done in 2006.
RARE OPPORTUNITY to own a unique PHASE 1 lock-off with TWO SEPARATE RENTAL UNITS which generate great cash flow in Whistler! This bright, renovated top floor, lock-off floor-plan gives the option to have 1 two bedroom unit, or 2 separate units. Rent through short or long term platforms or use for your own personal usage – The options are all available for you here. Relax in the hot-tub, sauna or beside the swimming pool downstairs and then come home and get cozy around the wood burning fireplace. This unit is turn-key, which boasts views of Whistler Mountain. This complex is perfectly located for Whistlers year round activities – Walking distance to Creekside Gondola, Nita and Alpha Lake, as well as the convenience of being a few minutes walk to two gyms, tennis & basketball courts and grocery store.
Unique property opportunity in Lillooet Lake’s gated community, Heather Jean properties. This is a 4045 sq ft 7 bedroom home over two levels on 1.89 acres, with truly spectacular lake and mountain views from huge sundeck. Heating options include two woodstoves, two fireplaces and a forced air system with heat pump for AC purposes. The truly unique feature of this home is the industrial strength Pelton wheel hydro generator for all of your electrical needs. The Heather Jean community also has a private gravity-feed water purification system. In addition to the private boat basin to shelter your boat, plane or houseboat, there is a nearby community boat launch, sun deck and beach.
RARE OPPORTUNITY to own a unique lock-off with TWO SEPARATE RENTAL UNITS with opportunity to great cash flow! This unit is in original condition with plenty of room to make this property your own! This complex is perfectly located for Whistlers year round activities – Walking distance to Creekside gondola, Nita and Alpha Lake, as well as the convenience of being a few minutes walk to two gyms, tennis and basketball courts, grocery and liqour store, and the 2 of the best restaurants in Whistler! Don’t miss out on your opportunity to own in Whistler’s top-producing investments in a sought after location. GST is exempt!
Beautiful large studio unit showcases an optimal layout to sleep 4 with screen doors separating the bedroom and living quarters. Situated in Deer Lodge, Town Plaza at the ideal, quieter end of the Village Stroll. Equipped with large wheel-chair accessible kitchen and bathroom, stone countertops, stainless-steel appliances, gas fireplace, AC and in-suite laundry. Renovations in 2018 include new carpet, roller-blinds, furniture and WiFi thermostat. Earn amazing turn-key nightly rental revenue with proven track record for the past 6 years. Flexible unit design for short-term rentals, owner’s usage or long-term rentals with ample storage and cabinet space
Rare 2 bedroom at the Whistler Peak Lodge with LARGE BALCONY and WASHER/DRYER. Suite offers a full kitchen with fridge, stove, microwave and dishwasher and bunk beds in second bedroom. Whistler Peak Lodge’s central location provides you with easy access to everything Whistler has to offer within footsteps to the Village and Whistler Blackcomb lift access. Complex features an exercise gym, hot tub and 24 hour desk. One of the most affordable opportunities to enter into the Whistler market and a great REVENUE PRODUCER! This is a Phase 2 restricted property that allows for 56 days of owner use per year (28 summer/28 winter).
Beautiful true 2 bedroom, 2 bathroom centrally located in the Squamish Pointe complex in downtown Squamish, walk to your favorite shops restaurants and recreation within minutes. Large windows offer an abundance of natural light, or step outside on your covered patio to enjoy the fresh air and stunning views of the Chief and Garibaldi mountain. Gas included in strata fees, exterior storage locker, secure underground parking and the complex is pet friendly. Affordable living in a beautiful location
Looking for large water view property with buildings to renovate? Eureka! This sunny 3/4 acre property with two sturdy buildings overlooking Lillooet Lake, with water access, including beach, sundeck and boat launch is only 20 minutes from Pemberton. Part of the beautiful gated community of Heather Jean Properties, this property was the original maintenance and storage facilities of the complex. The 2700 sq.ft. maintenance building includes a fully equipped one bedroom suite, a 600 sq.ft. garage with 16′ ceiling, a maintenance shop, and carport on a concrete slab. Across the access road is a 400 sq.ft. storage shop easily and legally convertible into a carriage house or home.
Enjoy Pemberton’s premiere neighbourhood from your dream home on Lot 26, The Ridge. Sun and views all day long from this easy build lot. Zoning is very flexible allowing you to build up to 6500 sq ft of living space including 2 accessory buildings. Easy access to all recreation that Pemberton has to offer and only 30 minutes drive to the world class resort Whistler Blackcomb. Lot 12 is also available
Refreshingly updated lofted studio situation in the heart of Whistler Village, steps away from the Whistler Blackcomb lifts. High ceilings and large window invite an abundance of natural light with views on to the Village stroll from your large patio. All hotel operating expenses are paid from revenues except property taxes. Complex features fitness room, heated outdoor pool and hot tub. Rarely available -Phase 2 zoning – 14 days owner usage in the winter & 14 days in the summer.
End unit features over 2100 square feet of living space over 4 floors, plus outdoor decks and an attached garage, and is located only minutes from the world class Revelstoke Mountain Resort! The open concept living area is perfect for entertaining and the unit location creates maximum privacy and has beautiful views. The kitchen features quartz countertops and shaker style cabinets, with a beautiful electric fireplace in living space for ambiance and comfort.
Walk into your dream home in Smithers BC, the “Playground of the North”. From your window or one of two large decks gaze at the stunning view of Hudson Bay Mountain’s peaks and ski runs. Just steps from Smithers Golf and Country Club and downtown Smithers, this nearly 8,000 square foot home has it all. Huge and stunning kitchen, seven bedrooms, five bathrooms, huge games room, gym, theatre, sauna, nanny suite, and king size master bedroom.
REAL ESTATE NEWS
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