“…REALTOR®’s automated listing search service.” This is a system through which the buyer receives automated emails from his or hers buyer’s REALTOR® when a listing matches his or her criteria. The buyer can see additional information not available on REALTOR.ca such as room measurements, assessment, etc; however, the buyer cannot see the name of the listing REALTOR® or the offered cooperating brokerage commission.
“A REALTOR® (you or another) located the property and informed the buyer.” In the system REALTORS® use they can see both the listing REALTOR®/Brokerage and the offered cooperating brokerage commission. (i.e. 3.0%100k + 1.5% balance or $10,000, etc.).
Pre-sale Condos in Victoria, BC. 1090 Johnson Street – Mondrian
If you would like more information on the Mondrian or other pre-sale condos in Victoria please feel free to contact me! Prices at the Mondrian start at $169,900 with units ranging in size from 401 sq.ft. to approximately 800 sq.ft. Great location whether you plan on living in your unit or renting it out.
2011 Victoria, B.C., Real Estate Market Year in Review!
It was a slow year…what more can I say?
2007 = 8,931 unit sales: 12.23%
2008 = 6,519 unit sales: (27.01%)
2009 = 8,096 unit sales: 24.19%
2010 = 6,546 unit sales: (19.15%)
2011 = 6,040 unit sales: (7.73%)
Total Volume $
2007 – $4,146,651,569
2008 – $3,111,882,746
2009 – $3,775,730,705
2010 – $3,239,493,835
2011 – $2,981,977,290
Presale condos in Victoria, BC. Is it a good time to buy into this segment?
Currently there are several pre-sale condo projects in Victoria, BC. Pre-sale condos can offer attractive investments. For example, currently at the Bayview Promontory (http://www.bosaproperties.com/promontory/) by Bosa you can buy a 1 bedroom condo including parking, heat pump, high-end kitchen, in a 21 story concrete building for around $250,000 including builder incentives and HST.
Two bedrooms units at the Promontory start in the $350,000 range. Additional parking spots can be bought for $12,000. When compared with what is currently on the market, these pre-sale values represent great value in my opinion. Please contact me for more information on developments that may not be available to the public!
Owning vs. Renting – Reporting from 834 Johnson Street, Victoria, BC
Pre-sales at 834 Johnson Street started in 2009 at $198,900. Most of the units offered in this price range were 450 sq/ft to 550 sq/ft. Today, these smaller units are renting from $1,000 to $1,150. If you bought a pre-sale unit and put 20% down upon completion, your mortgage would be approximately $600 to $650 depending on your mortgage product. Now add $150 in strata fees per month and approximately $100 per month for property taxes and you are still under $900/month to own.
In this particular scenario, owning your condo can be cheaper than renting. There are many other benefits to owning; however, it is important to note that there can also be benefits to renting! It is important to examine the pros and cons of each carefully before making the big decision!
1046 B Princess Ave, Victoria, SOLD
Enjoy the uniqueness of this freestanding duplex only attached by a garage. Tired of looking at old homes with maintenance lists as long as the Langford commute? Look no further; quiet, spacious home offers main floor living featuring an inviting living room, dining, kitchen, and powder room. Upstairs you will find three bedrooms including a large master and a beautifully updated bathroom. Outside enjoy the private and fully fenced backyard perfect for pets or kids! Features include gas fireplace, forced air, insulated garage with 240v plug-in, maple floors, large crawl space. Short walk to downtown, public transportation, schools, Crystal Pool & other amenities. Pride of ownership evident with many upgrades over the years! Call today to view.
Commission @ 2.5% + HST = $11,984
Compare @ 6% 100k + 3% Balance + HST= $17,740
Commission Savings with Marko = $5,757
2923 Julieann, Langford, SOLD
Don’t miss this quiet cul-de-sac home backing onto Cressida Park in the lovely Goldstream area. Pride of ownership evident as you enter this well kept charming three bedroom rancher. A wood-burning stove draws one into the inviting living room which adjoins a cozy family room. The kitchen and eating area open onto a patio and spacious fenced backyard perfect for entertaining, children, pets, or gardeners! Multiple outdoor sitting areas maximize the sunny exposure. Gardening shed and additional insulated space provide for ample storage. When you are ready to go back indoors you will find a master bedroom fit for a king size bed and a large bathroom. This delightful home pulls at the heartstring and awaits your new beginning.
Commission @ 2.5% + HST = $10,794
Compare @ 6% 100k + 3% Balance + HST= $16,312
Commission Savings with Marko = $5,519
402-1687 Poplar, Saanich
You can have it all; bright, spacious & sophisticated southeast facing top floor condo with 14 ft vaulted ceiling & 2 skylights in a quiet, remediated building with warranty. This 1038 sq/ft unit boasts 2 large bedrooms and 2 full baths, black slate entryway, fully updated kitchen with granite countertops, stone/glass mosaic backsplash, stainless appliances & soft close cupboards. Updated flooring in kitchen & baths, gas fireplace, in-suite laundry & many large windows. Close to UVIC, Camosun, bus routes and rec centers. Groceries, restaurants, Starbucks & shopping are a stone throw away as the building is centrally located yet away from high traffic streets. Deck with view of Mt. Tolmie, great for BBQing. Secured underground parking. Must be seen to be appreciated!
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What is a Cash Back REALTOR®?
How did your Cash Back REALTOR® model come about?
Approximately 90% of buyers go to the internet to find their home. Typically, most of my buyers contact me with a list of homes they would like to see based on the information they have gathered online (price, pictures, location, floor plans, etc.). This very process cuts down my workload significantly — in the past I would have had to spend more time with my client trying to locate an area and type of home.
Technology has made it much easier to set my clients up with real-time data; in the past I would have to send out information manually. This has drastically reduced the time it traditionally took to handle each buyer.
Lastly, the days of needing a brick and mortar office are over. The internet provides the entire store front any tech-savvy REALTOR® needs to get in front of his or her perspective clients.
What does all of this mean? It is quite simple; I can handle more clients which means I can reduce my rates by giving you a portion of my commission.
September Market Numbers!
Sales are slow while prices remain relatively flat.
2529 Shakespeare, Fernwood, SOLD
Brand new! Over 2,800 sq/ft finished living space plus double car garage on a freehold lot. Not your typical spec home; inside you will find 3/4 inch exotic walnut floors, a large gourmet kitchen with KitchenAid Architect Series II appliances, custom built shower with air jetted Jacuzzi, heated tile floors, and Martha Stewart closets. All bathrooms feature double sinks with granite – even the suite! Living room has vaulted ceilings with a built in sound system, and a spectacular Valor gas fireplace. Luxurious legal two bedroom suite – must see – rental value approximately $1,300 – $1,400/month. Fabulous location close to Oaklands school & walking distance to major amenities and downtown (20 min). Bus routes half block away. 2-5-10 Warranty. If you are interested in a new home in Fernwood contact Marko Juras via email: markojuras@shaw.ca
Commission @ 2.5% + HST = $24,052
Compare @ 6% 100k + 3% Balance + HST= $32,222
Commission Savings with Marko = $8,170
What to look for in a newly built home?
Check out this useful outdoor hot & cold water tap!
Off Market – 435 Richmond, Fairfield
Charming Fairfield character offering 1912 tradition with today’s conveniences. Great location backing onto Margaret Jenkins School and three blocks to Gonzales Beach. This three bedroom features a recently upgraded bright kitchen, a bonus family room in the basement, gas furnace & fireplace, original flooring and extensive upgrades including; newer windows and doors; electrical and plumbing upgrades with permits; newer carpets; newer interior paint; 1 inch granite; newer appliances; and newer roof approximately 5 years old. Features partially complete basement with great potential for future development. Compact low-maintenance yard with brand new patio and fencing. Home is turn key ready. Meticulously maintained.
Floorplans – Click Here
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308-2511 Quadra, Victoria, SOLD
2 bedrooms, 2 bathrooms, 2 parking spots, minutes to downtown all for under $265,000! On the quiet side of the building this large unit offers an awesome layout with spacious living room featuring a gas fireplace, in-suite laundry, lots of closets through, and a large balcony perfect for your barbeque! Master bedroom features large windows, computer nook, ensuite, and double closets! New flooring in kitchen and bathrooms. Great location, close to amenities and walking distance to downtown. Flexible possession date! Secured underground parking!
Commission @ 2.5% ($7,500 minimum) + HST = $8,400.00
Compare @ 6% 100k + 3% Balance + HST= $11,916.24
Commission Savings with Marko = $3,516
Off Market – 1016 Richmond, Rockland
Pride of ownership evident in this well constructed Rockland home – in the same family since new! Inside you will find a bright kitchen featuring large peninsula, large living room with built-in shelving, sunken family room, 2 gas fireplaces, skylights and fabulous master bedroom with its own private deck. Three-level split offers lots of flexibility with two dens/offices on main and three bedrooms upstairs. Outside you will find a private setting with a professionally landscaped lot including walkways, ponds, patio and underground sprinkler system. Architecturally designed 1993 bachelor suite addition with own private entrance and deck offers additional flexibility! Newer roof, paint, and flooring. Minutes to all amenities.
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308 – 65 Saghalie, Bayview Promontory, Songhees, SOLD
Promontory at Bayview Place offers clean, crisp architecture and unparalleled views of the Inner Harbor, Olympic Range, Sooke Hills, Upper Harbor and Mount Baker. Located in the Songhees community, the Empress Hotel and downtown Victoria’s shopping, restaurants, and much more is only 10 minutes away. Promontory is 21 floors of tailored, luxury living is a breath of fresh air in the Victoria landscape. You’ll find value in smart, efficient floor plan designs and quality touches, from Miele and AEG Electrolux appliances to Kohler and Moen fixtures. Promontory offers air conditioning, overheight ceilings, wall pantries, plank laminate and much more.
Buyer represented by Marko Juras
119-1680 Poplar, Mt. Tolmie, SOLD
Not a ground-floor suite! This immaculate, bright, spacious, tastefully updated one bedroom, a den and one full bath condo is ready for you to move in. Located near UVIC, shops, restaurants, public transit & nature, this fantastic unit has the flexibility to suit students to retirees. Great location for walking and using public transportation! In a building that is extremely well maintained, it includes a swimming pool, whirlpool, sauna, workshop, and a games/meeting room all for a low monthly fee of $204 which includes heat! Hot water, storage, car parking, and bike lockup are also included.
Another Successful Flat Fee Listing!
Off Market – 172 Levista Place, View Royal
Extraordinary better than new 2,700 sq/ft three level family home nestled in the heart of View Royal in a new development just across from Helmcken Centennial Park! Situated on a quiet no-thru lane with lots of parking. Quality of workmanship can be seen throughout. Home features engineered hardwood floors; custom kitchen with spacious island and granite counters; double height ceiling in living room with high-end gas fireplace; luxurious master bedroom with spa like ensuite with quartz; large spare bedrooms; huge 363 sq/ft covered deck with gas outlet; heat pump; and additional 2 bedroom accommodation. No HST!
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1102 Reno, Vic West, SOLD
Zebra designed home! Character replica with wraparound porch and white picket fence! This home invites lifestyle amidst friendly neighbours and a convenient location close to downtown and Galloping Goose trail. Main level features living room, kitchen and dining area while upstairs you will find 2 bedrooms and an office space. The gourmet kitchen has recently been updated with granite and stainless gas stove. The kitchen opens to a deck perfect for entertaining with gas outlet! Inside features include maple floors, vaulted ceilings, and gas fireplace!
Commission @ 2.5% + HST = $12,320
Compare @ 6% 100k + 3% Balance + HST= $18,144
Commission Savings with Marko = $5,824
203-201 Nursery Hill, View Royal, SOLD
Must see three bedroom floor plan over 1,100 sq/ft! This unit spans the end of the building and faces North, South and West! Open concept, lots of windows, large kitchen featuring stainless appliances, granite and central island perfect for entertaining. Large master bedroom with 3 piece ensuite and walk in closet! Located in a quite View Royal location central to downtown and the Westshore, close to Thetis Lake & Galloping Goose Trail. Pets and rentals allowed, no age restrictions and common fitness facility. Secured underground parking.
Commission @ 2.5% + HST = $9,464
Compare @ 6% 100k + 3% Balance + HST= $14,734
Commission Savings with Marko = $5,270
Off Market – 23-416 Dallas Rd, James Bay
Located in James Bay’s highly desirable Dunelm Village, this spacious townhouse possesses the best of both worlds: a quite community with easy access to downtown Victoria. Just minutes from Beacon Hill Park, Ogden Point, and the Inner Harbour. This townhouse is move in ready and offers a number of unique features such as a third floor sunroom and an enclosed patio adjoining the kitchen. The interior boasts 1,800 sqft with 2 bedroom, two and a half bathrooms, and two family rooms all conveniently spread across three floors. Situated on a private lane, and only half a block from the ocean.
Floor Plans – Click Here — Video Tour – Click Here — More Photos – Click Here
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Off Market – 2739 Grosvenor Rd, Hillside
This lovely garden home is located on a quiet street in the popular and convenient Hillside area. Close to major bus routes, downtown, Hillside Mall, and other amenities. With over 1300 sq/ft on 2 levels, this home offers a flexible design with great potential for suite. Features include newer open kitchen, wood-burning fireplace, hardwood floors, newer thermal windows and recently replaced roof. Upstairs, you will find 2 bedrooms with an updated bathroom. The lower level offers a large bedroom, three piece bathroom, and plenty of storage. In the back yard you fill find a spectacular multi-tiered garden with extensive slate work.
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Flat Fee MLS® Listings – Research Required!
Most Flat Fee MLS® listings will get your home on realtor.ca but that is only a small part of the equation!
9-1741 McKenzie St, Sannich, SOLD
Far back from the main road, this spacious 3 Bed, 1.5 Bath, End Unit, 2 Level Townhouse offers peace and privacy all the while being just a stones throw from UVic, Tuscany Village, University Heights Mall, schools, and parks. Recent upgrades include: vinyl windows, hot water tank, light fixtures, main bathroom, remodeled kitchen, and paint throughout. The vaulted ceiling in the family room with a natural gas fireplace provides warmth, and the walk-in closet and stairs leading to the attic for storage are a big bonus. A beautiful back patio & garden with easy access to an semi-private yard.
Another Successful Flat Fee Listing!
1320 Ryan St, Fernwood, SOLD
This lovely modern home is located on a quiet cul-de-sac adjacent to park land in popular and convenient Fernwood. With nearly 2000 sq/ft on 3 split levels, this home offers a flexible, open design and lots of natural sunlight (Southern exposure). Features includes vaulted ceilings, wood-burning fireplace with new insert, newer kitchen with SS appliances, new floors, new stairs, and fresh paint. Upstairs, you will find 3 bedrooms with an updated ensuite bath and walk-in closet in the master bedroom. The lower level offers a large family room with built-in bookshelves.
Commission @ 2.5% + HST = $15,820
Compare @ 6% 100k + 3% Balance + HST= $22,344
Commission Savings with Marko = $6,524
16 Channery Place, View Royal, SOLD
Don’t miss out on this extraordinary better than new 2,400 sq. ft. family home nestled in the heart of view royal in a new development just across from Helmcken Centennial Park. Quality of workmanship is evident throughout. Situated on a quiet no-thru street with a cul-de-sac at the end. The house features west coast maple hardwood floors, maple cabinetry, tile in all baths and the laundry room, granite; marble backsplash in the kitchen and surround on the 2 fireplaces, under cabinet lighting, crown molding, heat pump, designer paint colors.
274 Plowright, View Royal, SOLD
Charming character home in old View Royal less than one block from oceanfront, a short walk to beach access and Portage Park. Galloping Goose and Thetis Lake five min away. The professionally-landscaped lot (in ground irrigation) offers escape to a private backyard featuring Dogwood, Arbutus, Gary Oak, and a variety of perennials and flowering shrubs. The patio lends itself perfectly to entertaining. Inside features include fir floors, leaded pane windows, coved ceilings, arched entrance, Rumford style wood-burning fireplace, and more.
2189 Players Drive, Bear Mountain, SOLD
Quality residence by custom home builder DerMar Construction. Over 3500 sq/ft of living space situated on a private lot boarding green area with views. Luxurious finishing details include arched entrance; hardwood floors throughout; custom kitchen with Viking range; luxurious master bedroom and an ensuite with a custom walk-in shower; Cat 5 wiring; 9′ ceilings in basement; forced air heating; superior woodwork; and a gas fireplace with built-in entertainment. Bright and open floor plan maximizes south-west exposure.
Commission @ 2.5% + HST = $21,840
Compare @ 6% 100k + 3% Balance + HST= $29,568
Commission Savings with Marko = $7,728
Assessing Kitchen Quality beyond the Exterior Appearance!
Enoy the Video!
Does the Real Estate Commission matter to you as a Buyer?
Simple answer: Absolutely. Enjoy the video!