Union Bay Project Ready to Launch With Infrastructure Construction

Posted on Mar 20, 2018

On March 1, Kensington Union Bay Properties Limited held a  press conference to announce the launch Union Bay Estates development, a residential and commercial development located on 850 acres in Union Bay.

Located 15 minutes south of Courtenay, Union Bay Estates will include many residential options including multi and single-family residential, retirement and senior living, work/live homes and affordable housing. As a destination community, the development will also incorporate mixed use commercial space, along with two new hotels, a marina and amenities such as a pharmacy, medical clinic, movie theatre, coffee shop and more.

The Master Development Agreement for this project allows up to 2,949 new residential units to be built. Currently, there are approximately 1,200 residents living in Union Bay and the population could increase by an additional 7,500 to 9,000 once the project has been built out.

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Union Bay Estates Moving Forward in the Comox Valley

Posted on Mar 11, 2018

Kensington Union Bay Properties Limited recently held a press conference to announce the launch of the Union Bay Estates development – a residential and commercial development located on 850 acres in Union Bay, in the Comox Valley on Vancouver Island.
The Master Development Agreement for this project allows up to 2,949 new residential units to be built. Currently, there are approximately 1,200 residents in Union Bay and the population could increase by an additional 7,500-9,000 once the project has been built out.
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Vancouver Island Housing Prices and Starts Soared in 2017

Posted on Feb 15, 2018

Building Links has recently tabulated the year-to-date construction statistics for the Comox Valley and Campbell River areas for 2017. Construction values in all areas total $217 million, up by $11 million from 2016 to 2017.

Single-family home construction is also up slightly in Comox, Courtenay and Campbell River (6 per cent to 13 per cent) with Cumberland showing the biggest increase of 120 per cent and the CVRD coming in with an increase of 19 per cent.

Secondary suite and carriage home construction has increased significantly by 159 per cent from 2016 to 2017.

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Crown Isle Resort and Golf Community – 25 Years and Still Growing!

Posted on Feb 13, 2018

Photo Credit: Kristy Pedersen

The Crown Isle Resort and Golf Community is celebrating 25 years! The first homes in the Crown Isle Resort & Golf Community were constructed over 25 years ago and the community continues to grow as a master-planned community that has stood the test of time.

The owners and development team behind this prestigious real estate development believe much of the community’s success can be attributed its Registered Building Scheme & Design Guidelines which have ensured consistency and quality from the beginning, while helping to maintain property values within the master-planned golf community. 

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Crown Isle Community is Expanding as New Lots are Being Built in 2018

Posted on Jan 26, 2018

Silverado Land Corp., the real estate division of the Crown Isle Resort and Golf Course community is expanding with the addition of two major subdivisions.

Site services and road work is underway for Phase 3 of The Rise and construction is expected to be completed in April or May.

Additionally, there are 67 lots being built on the extension of Crown Isle Drive, in Cambridge Park Estates. This subdivision is expected to be completed in the summer of 2018.

Lot prices in The Rise are expected to start at $195,000; lot prices in Cambridge Park Estates are expected to start at $250,000. Many lots are already reserved in both subdivisions.

Make your inquiries now to find out more about the beautiful Crown Isle Resort and Golf Community in Courtenay, BC on beautiful Vancouver Island.

Note: Prices are subject to change without notice

For more information, contact:
Jason Andrew, Director of Real Estate
Cell: 250.207.0070
Email: jandrew@crownisle.ca

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Riverwalk Centre in Courtenay Features Loft-Style Condos and Commercial Space

Posted on Jan 5, 2018

Courtenay’s new Riverwalk Centre is a mixed used building, featuring 16 unique modern condominiums with lofts all featuring views of the mountains or of the river and ocean. These loft-style homes are located on the upper floor of the building. The ground and mezzanine floor are zoned to accommodate commercial and office space.

The unique design of this building makes it a first of its kind in Courtenay. The developer, Highstreet Ventures Inc. (Scott Butler) along with partners Don Bell and Matt Butler of Traine Construction Ltd and one other investor have built four projects in Courtenay, including The Tides, a 45-unit condo project alongside the river, a Holiday Inn Express on Cliffe Ave and the recently constructed and sold out 71-unit residential condominium project called Riverstone.

Highstreet Ventures Inc. has jsut been honoured by PROFIT 500 on its 29th annual ranking of Canada’s Fastest Growing Companies.

The residential units are all designed differently, ranging in size from 551 sq. ft. to 1,101 sq. ft. There are 16 floor plans to choose from and the prices range from $229,000 to $399,900. Some of the features include: 15’ ceilings; large 7’ tall windows in every home; loft bedrooms that open to the living room below; open concept kitchen, dining, and living space, quartz countertops in the kitchens and bath; large format tile flooring throughout; and Energy Star stainless steel appliances and range hood exhaust fan.

Sliding barn style bedroom doors are featured in premium suites. There is a large shared rooftop patio for all residents to share. These units are expected to be released for sale on Jan. 6, 2018, with occupancy expected in February 2018.

Tenants who have purchased office/commercial space on the main floor include chiropractors, therapists and mortgage
brokers. Other tenants have expressed interest in the building. To date, there are three spaces left, ranging in size from
881 sq. ft. to 2,900 sq. ft., with prices ranging from $242 to $252 per sq. ft. to purchase the office space.

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