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Qualicum College Heights

439 College Road


Parksville / Qualicum, V9K 1G4 UI1230 - UIPQ Qualicum Beach

Official Website: www.qualicumcollegeheights.ca Marketers Website: www.coastrealty.com/new/public Developers Website: www.prconstruction.ca
  • Levels: 3
  • Suites: 40
  • Status: Completed
  • Built: 2013
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Bldg#: 9121

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Building Info

Qualicum College Heights - 439 College Road, Qualicum Beach, BC V9K 1G4, 3 levels, 40 condos, estimated completion 2013 - Perched on the hillside with extraordinary views of the Georgia Strait in a scenic village, you will find Qualicum College Heights - a three building condominium project with 40 luxury condos on 2.81 acres in Qualicum Beach Village on Vancouver Island.

The Qualicum College Tudor Building was originally built in 1935 - this "Old Boy's School" will be redeveloped, designed and marketed by PR Pomeroy Restoration & Construction Ltd., Boni Maddison Architects, and Coast Realty Group Ltd. This heritage complex consists of Knight Manor, 4 two-storey penthouse at 437 College Road; Cambridge Manor, 16-unit condo building at 439 College Road; Berkshire Manor, 12-unit condo building at 433 College Road; Ashton Manor, 7-unit condo building at 427 College Road.

These two and three bedroom homes ranging to over 1,900 sq. ft. reflect West Coast Heritage-style architecture with dramatic details including multi-level rooflines, a patchwork of elaborate gardens, Zen water features, and a myriad of serene trails with a direct pathway to the ocean for beachcombing and a swim. Contemporary interiors feature bamboo flooring, Dacor appliances, custom cabinetry, quartz counter tops, natural stone mosaic backsplash, heated travertine floors, stainless laundry sinks, fingerprint technology entry suite and a personal safe inside each suite. Large terraces invite outdoor entertaining, and most homes offer stunning views of the Strait of Georgia.

Qualicum College Heights residents will also enjoy the complex amenities which include state of the art Golf Simulation equipment, games room, pool table, library, exercise room, work shop area, personal wine storage, 2 hotel style guest suites, lower kitchen with covered BBQ patio, underground parking and storage.

Qualicum College Heights is just off the Old Island Highway that links Parksville with Qualicum Beach, right across from Qualicum College Golf Course, and steps away from Kwalikum Secondary, restaurants, shopping and Georgia Strait. Located on the Qualicum Beach along east coast of of Vancouver Island, Qualicum College Heightsand is 12kms North of Parksville, a 35 minute drive North of Nanaimo, fewer than 40kms South to Courtenay, and 50kms to Comox.

Sales Centre: www.coastrealty.com/new/public
Official Website: www.qualicumcollegeheights.ca
Phone: 250.752.4373
Email: celticmarketing@shaw.ca
Sales Address: 427 College Road Qualicum Beach, BC Canada V9K 1G4
Strata Sub Categories: Strata
 

Qualicum College Heights Technical Info

Building Name Qualicum College Heights
Address 439 College Road
City Parksville / Qualicum
Neighborhood UIPQ Qualicum Beach
Listing Price Range N/A
Floors 3
Units in Development: 40
Units in Strata:40
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2013
Parking-Storage Designation Limited Common Property
Developer PR Pomeroy Restoration & Construction
Architect Name Boni Maddison Archit
Architect Phone 604-688-5894
Architect Email info@bonimaddison.com
Official Website www.qualicumcollegeheight
Restrictions Details
Title to Land Freehold Strata

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April 2024 Market Insights REBGV

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Housing market resilient in 2023, ends year in balanced territory

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Vancouver council open to increasing slots, table games at existing casinos

Vancouver city council voted this week to allow for applications to increase the number of slot machines and tables at the city’s two casinos, on the condition they be accompanied by an assessment of their social and economic impacts.

The request to amend the city’s 2011 gambling moratorium was made by the B.C. Lottery Corp., which told council the city’s population has increased 22 per cent in the past decade and that the amendment is a first step to allow BCLC to look at ways of expanding its two existing facilities — the Parq casino in Yaletown and Hastings Racecourse in East Vancouver — rather than building more casinos.


The Parq Cascino in Yaletown is allowed to have 600 slot machines and 75 table games
2024/05/10 The Vancouver Sun
2 The city has contributed more than $172 million to non-market housing in the form of land

The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land, according to a new city report, and there’s more on the way.

The city lands program for non-market housing, which was adopted in 2015, leases city-owned lands at a nominal rate to non-profit housing providers through a public request for proposals (RFP) process.

The city has contributed about $172.44 million as part of the program, including land, grants and on-and-off-site works, according to the report which accounts for 11 projects that recently completed or were in progress as of March 2024.

The assessed value of the land makes up more than $120 million of that $172-million total contribution for the 11 projects.


These are the non-market rental housing projects developed on Burnaby-owned land
2024/05/09 Western Investor
3 Household Financial Health and Housing Market Trends

According to the March 2024 Edge Report, current trends in debt service ratios and net worth may indicate areas of concern. The prevalence of static payment variable rate mortgages, household debt-to-GDP ratios, and Canada’s heavy reliance on real estate assets, may raise concerns about resilience.

In Q4 of 2023, debt servicing costs stayed stable, with the household debt service ratio holding steady at 15%. This ratio, which reflects the portion of disposable income allocated to debt repayment, remains significantly high, at levels not seen since 1990. A minor adjustment downwards from the previously reported peak of 15.2% in Q3 should be noted, however.


Consumer Health: Debt Service Ratios And Net Worth
2024/05/09 Canadian Real Estate Wealth
4 Canada’s New Housing Plan

The federal government’s new Housing Plan, announced on April 12, 2024 and supported by Budget 2024, introduced a provision aimed at helping renters build credit by integrating rent payments into credit histories. It proposes amendments to the Mortgage Charter, encouraging collaboration among fintech companies, credit bureaus, and lenders to include rental payment data in credit scores.

The government calls on these agencies to create an ecosystem where renters can choose to include their rental payment history in their credit scores. It also expects lenders to prioritize comprehensive credit information, including rental payment history, in credit evaluations whenever feasible.



Canada’s New Housing Plan: Linking Rental Payment History and Credit Scores
2024/05/08 Canadian Real Estate Wealth
5 Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?

The capital gains tax inclusion rate – today and tomorrow

Today, only 50% of the capital gain is taxable (this is known as the capital gains tax inclusion rate). This means that $50,000 of the $100,000 earned from the sale of the cottage in our example is added as income for that tax year.

Here’s an example:

  • Your regular income, earned from your full-time job, is $75,000

  • You make a $100,000 profit from the sale of your cottage (after you pay real estate fees, closing costs, etc.)

  • 50% of the profit is taxable, which means you add $50,000 to your income during the tax year in which you realized this capital gain

  • $75,000 + $50,000 = a total income for that tax year of $125,000

The amount of tax you ultimately pay in that year will depend on your tax bracket and its marginal tax rate.


Federal Budget 2024: What are the proposed capital gains tax changes and how m
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