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The Gales MLS® Listings
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Building Info
The Gales - 626 Farrell Road, Ladysmith, BC V9G, Canada. Crossroads are Island Highway and Davis Road. The Gales, a 68 home development (42 patio homes & 26 condos in two condo buildings) with ocean and mountain views. Nestled between the sea and the mountains is a retreat from the hustle and bustle of modern life. It is a place where you can relax, letting your soul fill with the natural beauty that surrounds you. A place where the great outdoors is in harmony with the great indoors, matched in spaciousness and a sense of being. Nearby parks include Ecole Davis Road School Grounds, Stocking Creek Park and Lagoon Bridge Beach Access. Nearby schools include Altair Montessori Learning Centre, Ladysmith Secondary, Ladysmith Intermediate, Ladysmith Secondary, Chemainus Secondary School and Saint Nicholas Montessori. The closest grocery stores are Safeway and Byron's Food Market. The closest coffee shop is Dairy Queen The. Nearby restaurants include DQ GRILL & CHILL RESTAURANT, Ricky's Restaurant and KFC.
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
August 2020 Market insights
Home sales in August were up 37% over August 2019. Listings weere 55% over August 2019
Real Estate Related News Articles(Sun and Province)Search News
2021 multi-family deal of the year by InterRent, Crestpoint pay $292.5M in Vancouver
To put this $292.5 million deal in perspective, it represents more than 40 per cent of the total multi-family sales volume through the first three quarters of 2020 across all of Metro Vancouver.
Economist are optimistic for Canada’s economy that will recovery from the pandemic
Chief economists from Canada's big banks expect the economy to rebound this year, but say failing to control COVID-19 or get vaccines into arms could upend that recovery
REBGV, B.C year ending sales report shows that home sales were strong
The Real Estate Board of Greater Vancouver says real estate activity ended 2020 on a positive note driven by low interest rates despite COVID-19, overcoming the setbacks that were seen in the spring.
B.C Government administer the grant for homeowner and sets this year's threshold at $1.625M
The grant is reduced by $5 for every $1,000 of assessed value above the threshold. Some low-income seniors, veterans and people with disabilities can also apply for a supplement that replaces any grant amount they lose because the value of their home is over the threshold.