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1. Speculation and Vacancy Tax

Introduced to combat the housing crisis, the Speculation and Vacancy Tax targets homes in urban areas that aren't being used as primary residences. Owners of vacant and under-utilized properties are taxed, encouraging the availability of more homes for BC residents. This move aims to increase rental supply in the province's hot markets.

2. Foreign Buyers' Tax

BC expanded the Foreign Buyers' Tax, initially imposed to cool the Vancouver real estate market, to other regions experiencing rapid price growth. This tax affects foreign entities buying residential property in specified areas of BC, including Metro Vancouver, the Fraser Valley, and the Capital and Nanaimo Regional Districts, aiming to curb speculative buying and make housing more accessible for local residents.

3. Comprehensive Real Estate Services Act

Passed to enhance consumer protection, the Comprehensive Real Estate Services Act overhauls the governance of real estate professionals in BC. It aims to improve the standards of practice and increase accountability among real estate agents, providing better protection for consumers in real estate transactions.

4. Transparency in Real Estate Transactions

The implementation of the Land Owner Transparency Act (LOTA) is a significant step towards combating money laundering and achieving transparency in the real estate market. LOTA requires disclosure of the beneficial owners of real estate in BC, making it the first North American jurisdiction to establish such a registry. This measure targets hidden ownership and speculative practices.

5. BC Housing Hub

The BC government launched the HousingHub, a division within BC Housing, to work with communities, non-profits, developers, and faith-based organizations to create new affordable rental housing and homeownership options. This initiative is part of the broader effort to increase the supply of affordable homes for middle-income families across the province.

6. Strata Insurance Reforms

In response to soaring strata insurance costs, the BC government introduced reforms to improve transparency and limit the factors that have been driving up premiums. These changes include requiring strata corporations to inform owners about insurance costs and providing the government with more regulatory powers over the strata insurance market.

7. Ending the Dual Agency Practice

BC banned the practice of dual agency, except in very limited circumstances, to ensure consumers are fully represented in real estate transactions. Dual agency, where a realtor represents both the buyer and the seller in the same transaction, raised concerns about conflicts of interest and the ability of a realtor to impartially serve both parties.

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New property listed in CR Campbell River Central, Campbell River

I have listed a new property at 872 Somerset St in Campbell River. See details here

Rancher with detached shop and RV/boat parking with sani dump. The open kitchen with gas range is the perfect spot to cook whilst hanging out with friends or watching the kids do their homework. Plenty of natural light, good size bedrooms, double sinks in main bathroom. Great yard with fire pit, garden, deck, patio and the highly sought after detached garage. Fantastic neighbourhood, centrally located with great schools, trails and recreation all close by.

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New property listed in CR Campbell River South, Campbell River

I have listed a new property at 4199 Enquist Rd in Campbell River. See details here

Minutes south of Campbell River, nearly half an acre, sits this impressive 3-bedroom, 2-bathroom rancher with an additional den and studio. Set in a superb neighbourhood close to parks, trails, Storries Beach, this home has been lovingly maintained and updated, making it move-in ready. The kitchen is designed for those who love to cook, bright white cabinetry, lots of storage and counter space. Spacious dining room and a lovely living room with woodburner. The home has been upgraded with a gas furnace and ducting in the last three years, offering efficient gas forced air heating while retaining the original baseboard heaters as a backup option. Main bedroom includes a 3-piece ensuite, alongside two more well-sized bedrooms, large den with patio door access to the backyard, huge covered deck, hot tub, and a fully finished studio. Additional features include RV/boat parking, a productive vegetable garden, fruit trees, a fully fenced and private yard, a hot tub, and a shed.

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I have sold a property at 15 522 Dogwood St S in Campbell River

I have sold a property at 15 522 Dogwood St S in Campbell River on Nov 30, 2023. See details here

Excellent 1 bed, 1 bath condo, spacious open concept and in suite laundry. Minutes away from Beaverlodge trails, college, Merecroft Village shopping, restaurants, theatre, gym, grocery stores. Updated, bright, close to everything and a well run strata. Very well looked after unit in an outstanding central location.

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I have sold a property at 46 396 Harrogate Rd in CAMPBELL RIVER

I have sold a property at 46 396 Harrogate Rd in CAMPBELL RIVER on Mar 30, 2020. See details here

CAREFREE EASY LIVING! Can be yours in this fantastic 2 bedroom 2 bathroom spacious patio home located in the heart of Willow Point. The kitchen has an abundance of cabinetry with pullouts and separate pantry areas. The living room has a gas fireplace which is a showpiece, a beautifully arched and tiled design with big windows framing it to let the outside in. The living room leads out onto a large sunny patio and yard area with mature landscaping. The master is very spacious with an ample walk through closet and a beautiful full piece ensuite, and the 2nd bedroom is bright and spacious as well. Both bedrooms boast heated floors! Recent upgrades are lovely new flooring and paint. The attached single car garage with lots of storage is such a bonus. RV parking, ample visitor parking, close to the bus routes, shopping the beach and the popular sea walk and nature trails makes it such a fabulous place to call home!

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I have sold a property at 404 539 Island Hwy in CAMPBELL RIVER

I have sold a property at 404 539 Island Hwy in CAMPBELL RIVER on Aug 16, 2018. See details here

This amazing ocean front condo boasts over 1700 sqft of quality living space with 2 large bedrooms and 2 full bathrooms. The home also has two separate entrances and is conveniently located just a short walk to downtown Campbell River, the World Famous Fishing Pier, and many local restaurants and shops. You will never get tired of the view of the marine traffic, dazzling cruise ships and abundant sea life including whales, dolphins, eagles and seabirds. The open kitchen allows you to take in the ocean view while prepping meals & entertaining guests that will be forever impressed. The fantastic layout is complete with a formal dining room area plus a huge living room and this provides the best ocean and mountain view in town. Lots of storage and a great size laundry room. Campbell River is a friendly growing seaside community with a new hospital and excellent amenities. Enjoy boating, fishing, skiing, hiking, golfing or just strolling on the beautiful sea walk ... we have it all!

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I have sold a property at 15 522 Dogwood St S in CAMPBELL RIVER

I have sold a property at 15 522 Dogwood St S in CAMPBELL RIVER on Jul 3, 2018. See details here

Whether you're a first time home buyer trying to get into the market or looking for an investment, this may be exactly what you're looking for. Perfect little one bedroom apartment offering 700 square feet of living space. It has been nicely updated and cared for. Gorgeous renovated and updated condo with a modern interior and open layout. The beautiful kitchen has 4 stainless steel appliances, lot's of cupboards, and modern lighting. Hardwood floors and tile in the kitchen and bright bathroom adds to the appeal and ensures years of life and easy care. Spacious living room with large south facing windows and slider doors open to the balcony with views of Mt. Washington year round. Don't wait to come see this unit. Rentals allowed and no age restriction. Tenant occupied, 24 hours notice required.

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I have sold a property at 280 Michigan Dr in CAMPBELL RIVER

I have sold a property at 280 Michigan Dr in CAMPBELL RIVER on May 30, 2017. See details here

Custom rancher built by master builder DHW Construction Ltd. The exceptional design of this three bedroom, two bathroom, 1299 sq ft rancher is sure to make it a show stopper. A wraparound porch gives the house an exterior appeal that is matched by the layout of the interior. Open concept with great room.

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I have sold a property at 6 650 Yorkshire Dr in CAMPBELL RIVER

I have sold a property at 6 650 Yorkshire Dr in CAMPBELL RIVER on Jun 1, 2016. See details here

Snow bird alert! Well cared for 2 bedroom 2 bath patio home located in a quiet, peaceful setting! Freshly painted and updated with a new stacking washer and dryer along with a new dishwasher. Roof is only a few years old. This property is very well managed so you can feel comfortable to just lock up and go!

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I have sold a property at 301 894 Island Hwy S in CAMPBELL RIVER

I have sold a property at 301 894 Island Hwy S in CAMPBELL RIVER on Jun 30, 2015. See details here

There's a lot to be appreciated here! Beautifully updated with ocean views. Dining area with sliders to see and and smell the ocean from this 2 bedroom, 2 bath condo! There is an open feel in the living, dining and kitchen area. The living room is bigger than most and has some ocean views to the north. The dining area also offers a deck to enjoy the views and ever changing marine scenery. The kitchen is tastefully finished, with new fixtures and extensive mirrors add to the appeal. Being a corner unit there is plenty of natural light and extra windows. The master is absolutely huge with a spacious 3 pc ensuite plus plenty of clothing racks, rods and organizers already built-in. No pets - great for those with allergies. No rentals so there is less wear and tear on the building. Come sea the view, you'll be glad you did! Vacant and ready for a quick move!

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.