MOREL REAL ESTATE TEAM NEWSLETTER | SEPTEMBER 2020
Sea to Sky Real Estate Update
WHISTLER’s real estate market had a total dollar volume of approximately $103 Million in August. There were a total of 74 transactions, up from 68 in July and 61 in August of last year. Of those sales, 16 were chalets, 30 were townhomes and 16 were condominiums.
For a complete breakdown of Whistler Sales by Dollar Volume, Transactions and Property Types, for the past few years, please check out our blog here
Property sales in PEMBERTON brought in just over $6 Million in dollar volume in July 2019, with a total of 10 property sales. Of those, 3 were chalets sales totalling $3.45 Million, 2 were condo sales, and there were 2 townhome sales.
Want more Pemberton Stats? Check out our blog here.
The SQUAMISH real estate market in July brought in a total dollar volume of just over $21 Million. There were a total of 28 property transactions reported: 13 single-family home sales, 15 townhome sales, and 4 condo sales. Single Family Home sales made up the most of the total dollar volume last month, just under $12 Million total.
Want more Squamish Stats? Check out our blog here.
MORTGAGE UPDATE
Interest rates are very low and they are going to be there for a long time – Observers say that implies the Bank has no plans to start raising rates until at least 2023.. Rates have already been falling significantly over the last couple of months, with many mortgage rates—including insured 5-year fixeds—now available for under 2.00%. Remember that those shopping for insured 5-year fixed rates in January were looking at rates at around 2.50% (or close to 3.00% for uninsured 5-year fixeds).
FEATURED LISTINGS
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. This is a sharehold property with no conventional mortgage. Just use cash, L/C or equity loan.
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).
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. If you have an itch to build, you have to see this property!
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 – Call to make an appointment today!
Enjoy Pemberton’s premiere neighbourhood from your dream home on Lot 12, 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 26 is also available.
Your opportunity to own a piece of paradise just steps away from Lillooet Lake waterfront. This 0.40 acre lot is steps away from the gated community’s private beach and community dock boasting stunning views of the lake and mountains. SEPTIC INSTALLED. There is no shortage of activities out your front door – Swimming, mountain biking, backcountry adventures and more! Only 3 hours from Vancouver, this is the perfect opportunity to build your dream getaway!
*Quartershare Opportunity – 13 weeks of owner usage/year steps away from Creekside Gondola*
336D 2036 LONDON LANE, WHISTLER, BC | $119,000
Ski in/out quartershare at Legends on Whistler Mountain, just steps to Creekside Gondola! Legends boasts convenience, being within walking distance to the slopes during the Winter and Alpha and Nita Lake in the Summer. #336D features granite countertops, stainless steel appliances, maple cabinet doors and updated task orientated light fixtures. Highlighted amenities of the complex include a large heated outdoor pool, 2 hot tubs, games and media room plus on site ski and bike storage. Monthly fees cover your utilities, management, property taxes, insurance and TW fees.
REAL ESTATE NEWS
