Why Choose Vancouver Island?

Vancouver Island is the largest island on Canada’s west coast. It is surrounded by natural beauty and is a beautiful place to call your new home. Widely recognized for its warm summers and temperate winters, making Vancouver Island a year-round playground of activities for all ages. Add to this, near year round beach days, and some of Canada’s best hikes within day-trip range, and it’s easy to see why Vancouver Island draws so much attention.

Our specialized agents at Island Homes Group, RE/MAX Camosun look forward to helping you find the home you have been dreaming of in beautiful Victoria BC!

Island Homes Group

David Silletta *PREC 250.888.6924

Agustin Torres *PREC 250.886.8520

info@IslandHomesGroup.ca

www.IslandHomesGroup.ca⁠

Shift in Victoria Real Estate market brings more time for buyers and sellers

Victoria Real Estate Stats for the Month of July:​​​​​​​

Where is the market headed?

Featured Development

MOSAIC

• Three buildings, 137 units.
• All buildings are pet friendly.
• Located at 140 Jensen Ave. W., Parksville, BC.
• Current completion date is set for Fall of 2023

To sell, or not to sell... that is the question.

Whether you're ready to down-size, or in need of an upgrade- we are here to help!

If you're thinking of selling your home and would like an experienced agent who can assist you through a seamless transaction, contact us!

Island Homes Group

David Silletta *PREC 250.888.6924

Agustin Torres *PREC 250.886.8520

info@IslandHomesGroup.ca

www.IslandHomesGroup.ca⁠

There’s a reason why you hear “location, location, location” all the time when you’re buying a home. You can change a lot of things about your house, but you can’t change your home’s location!

So make sure to keep these things in mind when you’re searching for your perfect neighborhood.

- Nearby Amenities

- School District

- Neighborhood Lifestyle

- Commute Times

- Property Value

- Property Taxes & HOA Fees

Neighborhood amenities, like parks or clubhouses, can add more value to your home. You’ll also want to make sure you map out your access to everyday essentials like grocery stores, your office and medical centers to see if the location is convenient or not. And make sure you’re aware of any neighborhood HOA fees and what your property taxes will be. These can make a difference to your monthly payment.

If you need help finding the perfect home in the perfect neighborhood, send us a DM!

Island Homes Group

David Silletta *PREC 250.888.6924

Agustin Torres *PREC 250.886.8520

info@IslandHomesGroup.ca

www.IslandHomesGroup.ca⁠

Pre-Sale Buying Process

1. Meet with a Mortgage Provider & determine your budget

While you’ll likely need pre-approval if you’re buying a presale condo, you won’t need to secure or start paying a mortgage until your property is fully built, with your mortgage loan payments beginning upon final closing.

2. Home search

Using a buyers agent or websites like Realtor.ca, search for the pre-sale condo that’s right for you.

3. Connect with the sales team

Connect with the sales team to get all the latest information about the pre-sale.

4. Submit an offer

Once you have reviewed the information and selected your desired unit, you will submit an offer to the seller. 

5. Receive an accepted offer.

Now that you have an accepted offer, the 7-day rescission period begins. During this time you can walk away from the contract without any penalty. Once the rescission period is up, you must close on the purchase or risk losing the deposit.

6. Deposit paid and Subjects Removed.

You must submit a deposit pof 10% of the sale price within 48 hours of the 7-day rescission period. 

7. 3 month warning to closing

Because the condos are under construction, you will not know exactly when completion and possession will occur until the 3-month warning to closing.

8. Deficiency walk-through

This is where you will get to see your condo for the first time. You’ll walk-through and mark all the deficiencies. The builders will come through again to correct all the marked deficiencies.  

9. Lawyer meeting

Meet with your legal council to sign all purchase documents.

10. Key delivery/move in

The day is finally here! Collect the keys and take possession of your new condo. The developer will release a move-in schedule with each buyer's move-in time.

If you’re interested in purchasing a pre-sale condo or if you just have some more questions about the pre-sale buying process, please reach out to us. We are ready to help!

Looking to buy an investment property this year? Here's what to look for: ⁣

Attractive location

 "Location, Location, Location" it really is that important: schools, neighborhood amenities, shopping, businesses, and public transit are all features that'll boost your property's appeal.⁣

Property Features 

Even though you may not be planning to live in this property, someone will be! Think about features like a garage, additional bathrooms, home office space. The layout and design of the property make a difference too. Is it designed with practical everyday living in mind? Does it have natural light? These are all things tenants are often looking for, so you should too, before you buy.

Numbers that work 

Don't forget you're covering more than just the mortgage. Make sure to factor operating costs, property taxes, strata fees (if applicable) into your equation, and account for times when your property will be vacant.⁣

Contact us today to learn more!