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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Discover Your Nature at SookePoint on Vancouver Island: Where Victoria Meets the Wild West Coast

Posted on Sep 3, 2013

Build a New Custom Home or Buy an Oceanfront Cottage at Silver Spray on Southern Vancouver Island

Just 26 miles from Victoria, BC, you’ll find one of the finest waterfront real estate developments on Vancouver Island. Silver Spray, in the community of Sooke, is a 174-acre seaside development with an exceptional selection of new oceanfront homes and residential view lots.

Coming soon to Silver Spray is SookePoint, a new oceanfront private residence club. SookePoint offers affordable waterfront luxury unlike anywhere else on Vancouver Island, with brand new turnkey oceanfront cottages, fully furnished, starting in the $300,000s. These new Vancouver Island waterfront homes near Victoria are perfectly positioned to view pods of orcas, dolphins, sea lions, eagles, otters, and more. Glass walls and decks provide uninterrupted views of awe-inspiring sunrises and majestic Vancouver Island sunsets.

At SookePoint, you can stay as little or as long as you like: zoning allows for year-round living, vacation getaways, or rental revenue. All SookePoint cottages feature panoramic waterfront views and are nestled among natural rock outcroppings, perched safely above the surging Vancouver Island surf below. Exteriors feature stone accents, privacy trellises, lush landscaping, and oversize walls of glass overlooking the ever-changing ocean.

Come to Silver Spray – Victoria’s cottage country –  and discover your nature. For a quick glimpse into what SookePoint has to offer, watch the SookePoint adventure video or visit their website. If you want to build your own new custom home on southern Vancouver Island and are in the market for a spectacular oceanfront or ocean view lot, visit Silver Spray’s website or call Jason at 1.778.896.3370.

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Breathtaking New Vancouver Island Oceanfront Homes & Residential Lots Now Selling at Silver Spray in Sooke, BC

Posted on Jul 18, 2013

Sooke Point Oceanfront Homes & Residential Lots on Vancouver Island

Vancouver Island Oceanfront Homes & Residential Lots in Sooke, BC

The finest Vancouver Island waterfront homes and residential lots are located on the southwestern tip of British Columbia, Canada, just 26 miles from Victoria, BC. SilverSpray at SookePoint in the community of Sooke, BC, is a 174-acre seaside community with an exceptional selection of new oceanfront homes and residential estate lots.

Silver Spray offers affordable waterfront luxury unlike anywhere else on Vancouver Island, with fully furnished, turnkey oceanfront cottages starting in the $300,000s. These new Vancouver Island waterfront homes and lots are perfectly positioned to view pods of orcas, dolphins, sea lions, eagles, otters, and more. Glass walls and decks provide uninterrupted views of awe-inspiring sunrises and majestic Vancouver Island sunsets.

The setting is Possession Point on Vancouver Island, a lofty peninsula with 2,800 feet of waterfront, extending into the glistening Strait of Juan de Fuca among breathtaking views of the Olympic Mountains. This natural sanctuary on the extreme southwestern tip of Vancouver Island has East Sooke Regional Park as its backdrop, offering 3,500 acres of protected forest, 30 miles of pristine nature trails, six miles of coastal hiking, and secluded beaches.

Stay as little or as long as you like: zoning allows for year-round living, vacation getaways, or rental revenue. All SookePoint cottages feature panoramic waterfront views and are nestled among natural rock outcroppings, perched safely above the surging surf below. Exteriors feature stone accents, privacy trellises, lush landscaping, and oversize walls of glass overlooking the ever-changing ocean.

For a quick glimpse into what Silver Spray has to offer, watch the Silver Spray Adventure Video. But nothing beats the real thing, so don’t miss the grand opening. Anyone visiting Silver Spray by the end of the summer will have his or her name entered in a draw to win a free iPad! Visit the Silver Spray website for more information, or call Jason at 1.778.896.3370. Come to Silver Spray this summer and discover your nature!

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Sales of Vancouver Island Recreational Real Estate Starting to Climb in Some Areas

Posted on Jul 3, 2013

The real estate market for recreational properties on Vancouver Island is slowly recovering as prices continue a correction from pre-recession highs, according to a new report by Re/Max.

The real estate company says Saltspring Island and the UclueletTofino areas are showing slight increases in sales compared to last year, however Comox Valley-Mount Washington area is mired in a slump.

The recently released 2013 Re/Max Recreational Property Report said prices have increased in some areas and dropped significantly in others, but indicated the market has benefited from buyer confidence now that the provincial election is over and cost and confusion over the province’s harmonized sales tax has been settled.

Recreational home sales on Salt Spring Island rose slightly to 120 between May 2012 to April 2013, from 117 in the same months over for the previous 12-month period. The average price climbed by seven per cent to $630,000 from $588,060 during those time frames. There was a surge in purchases last fall. Local buyers were responsible for 45 per cent of sales on Saltspring. Ontario and U.S. purchasers make up about 13 per cent, Re/Max said.

In the Comox Valley-Mount Washington region, sales have slipped compared with past years.

“At present, pricing remains the strongest driver, with raw land waterfront values correcting by approximately 50 per cent since 2008-2009,” the report reads. A starting price for a three-bedroom cabin on a standard waterfront lot is about $300,000.

As interest in waterfront areas has rebounded, sales at Mount Washington have “slowed to a trickle,” the report said. In the past year, only 15 sales have taken place on the mountain, where 80 properties are currently listed.

Demand is rising for West Coast (Ucluelet and Tofino) recreational properties after six sluggish years, Re/Max said. Year-over-year sales of residential properties, including recreational, moved up slightly, to 57 from 52. A starting price in Ucluelet for a three-bedroom, winterized, waterfront property on a standard-sized lot is $549,000. In Tofino, a similar property is $769,000.

“Overall prices in the area have experienced a 30 per cent correction since the spring of 2007,” the report said. Buyers are from Vancouver Island, the Lower Mainland, Calgary and Edmonton.

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Experience the Stunning Views at Silver Spray in Sooke – Oceanfront Lots for Sale

Posted on Jun 20, 2013

Vancouver Island oceanfront lots for saleSome of Vancouver Island’s finest waterfront properties are available at Silver Spray in Sooke, on the southern tip of the Island. Choose from an exceptional selection of residential waterfront and ocean view lots in the 174-acre oceanfront community at Silver Spray, just 26 miles from Victoria, BC.

Experience the quiet and privacy of living at the end of a country road, yet enjoy the convenience of amenities accessible in the nearby communities of Colwood, Langford, Metchosin and Sooke. This oceanfront new Vancouver Island real estate development shares a two-kilometre boundary with East Sooke Oceanfront Wilderness Park, which offers 30 miles of lush nature trails and 6 miles of protected virgin coastline. Imagine it all right in your own backyard.

Southern Vancouver Island enjoys the reputation of having the mildest climate in Canada. And thanks to the natural wind and weather shadow created by the Olympic Mountains across the Juan de Fuca Strait, Sooke has less rainfall and sees more sunny days than many surrounding areas. Visit today and see why this place is called ‘Canada’s South Pacific’.

The stunning setting offers a remarkable combination of mild weather, spectacular scenery, undisturbed natural beauty, abundant wildlife, and privacy. Phase IV lots are now selling. For more information on owning your piece of this unique waterfront community, visit the Silver Spray website.

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