Kamloops Real Estate Blog

Kamloops Home For Sale: 15-800 Valhalla Dr, Brocklehurst, B.C. $219,900

May 8, 2014 Kirsten Mason Brocklehurst

Kamloops Home For Sale: 15-800 Valhalla Dr, Brocklehurst, B.C. $219,900. This is a nice and spacious townhouse unit with a number of updates.

The many updates include: laminate flooring throughout the home, main bathroom, kitchen countertops and backsplash, windows, outside doors, furnace, hot water tank and more.

There are two bedrooms on the main floor and one bedroom and rec room in the basement. The rec room could be used as a fourth bedroom if needed.

All the windows have been replaced except one small one in the basement. There is a very nice sized of the back door and little yard great for the family pet. Pets allowed but no rentals.

The strata is a fairly large strata with over 100 units total. This strata is self managed and is one of the more flexible stratas in Kamloops when it comes to pet rules and regulations. The units in this strata are a great size and the bedrooms are much larger than most also boasting lots of storage.

This complex is very close to many city amenities, schools, transportation, McArthur Island sports facilities and walking trails, shopping and professional offices. It is a quick 8 minute drive to downtown Kamloops, 3 minutes to shopping and a 5 minute walk to schools. There is an elementary and high school nearby. There are also two private schools.

There are banks, professional offices, gas stations, hardware store, restaurants and much more within minutes of this home.

BC Transit is easily accessible with only a half block walk to the bus stop.

To view all homes for sale in Kamloops click here.

Kamloops Home For Sale: 56 Bestwick Drive, Lower Sahali, B.C. $529,900

May 2, 2014 Kirsten Mason Sahali

Kamloops Home For Sale: 56 Bestwick Drive, Lower Sahali, B.C. $548,000. Rare find! Nice bright Lower Sahali rancher with gorgeous panoramic views from all the living space on both floors.

This home features a bright entry with skylight, large master bedroom with ensuite, spacious living room with large windows, nice bright kitchen with nook and access to the huge patio. There are 3 bedrooms total on the main floor, a 4 piece main bathroom and main floor laundry.

The basement features a large one bedroom suite with a daylight walk out basement that also has a gorgeous view. It would be easy to reclaim the basement as your own. The suite has separate entry and separate laundry.

There is a 2 car garage and RV parking. Homes in this area don’t come up often! 24 hours notice for suite.

Lower Sahali is located south of Columbia Street very close to the downtown core. This is a very popular neighbourhood for homeowners wanting to be close to downtown amenities and Sahali shopping.

Beattie School of the Arts and Sa-Hali Secondary School are both located in Lower Sahali. St. Ann’s Academy, a private catholic school is on Columbia Street, also located in Lower Sahali.

Thompson Rivers University is located in West of Lower Sahali and is within walking distance of this home. The campus is positioned at the intersection of Summit Drive and McGill Road. TRU is a fully accredited University and offers a variety of programs and courses to students in many different areas of study. Sahali is often a very popular area for University students to stay due to the close proximity to the University.

Lower Sahali houses a number of Kamloops grocery stores and shopping. Save-on-foods, Superstore, Safeway, Toys-R-Us, Winners, Homesense and Target are a few of the major stores in the Sahali area. There are a number of restaurants and popular shopping destinations in this area as well.

There are a number of professional offices in the Sahali area. Sahali Centre Mall, Tudor Village and Sahali Professional Centre to name a few. You will find lawyers, doctors, mortgage specialists, banks, insurance brokers and much more in this area.

Peterson Creek Park runs through most of Sahali from top to bottom. This is a 423 hectare park that is a natural creek corridor. There are over 30 kilometers of trails in the park and many sites to enjoy including panoramic valley views and Bridal Veil Falls. There are numerous access points and the park is equipped with picnic tables and grassy areas to enjoy. This home backs on to Peterson Creek Park, trails are right outside your door!

Tournament Capital Centre is located only an under five minute drive from this home. TCC has many different facilities all in one building such as gymnastics, swimming, indoor track, fitness facility, courts and much more. There are also a number of sports fields that surround the facility.

Sahali is serviced by BC Transit busses on a frequent and regular schedule. Highway #1 is easily accessible to Sahali as it runs through the middle of it splitting the area into upper and lower Sahali.

Click here for a virtual tour of this home.

To view all homes for sale in Kamloops click here.

Kamloops Home For Sale: 4079 Yellowhead Highway, Rayleigh, B.C. $239,900

April 30, 2014 Kirsten Mason Rayleigh

Kamloops Home For Sale: 4079 Yellowhead Highway, Rayleigh, B.C. $249,900. Nice one level rancher in Rayleigh with a number of updates.

This home features a number of updates including an updated hot water tank 2013, furnace 2006 / 07, roof, flooring, paint, some closet doors, windows, outside doors, and more. There are three good sized bedrooms, a dedicated laundry room, large kitchen with lots of storage, good sized living room and dedicated dining room.

The home has a good sized driveway with lots of parking for your RV and toys. There is also access behind the home by the back lane.

The yard is a great size for an above ground pool and garden. There are two fruit trees, an apricot and an apple. There is lots of storage in the storage sheds. Great home for first time home buyer or downsizer. Day before notice please regarding shift worker.

Rayleigh is a small community situated off of the Yellowhead Highway, 15 minutes north of the Kamloops city centre. Located between the CN Railway and the east bank of the Thompson River. Rayleigh is located directly across the river from Westsyde.

Rayleigh has a gas station, a convenience store and pub/restaurant all other shopping and services are located within a 10 to 15 minute drive of this neighbourhood.

Rayleigh Elementary(306 Puett Ranch Road) is the only school in this area. Secondary students take the school bus to school after grade 7. Students attending secondary school take a short school bus ride to school.

Dirt biking, hiking, biking, ATV riding, snowmobiling and fishing are all a short drive away. Rayleigh is rural living but close to the city. This safe peaceful neighbourhood is very appealing to many families and retirees.

There is public transportation in the Rayleigh area. This home is located across the street from the bus stop making it very easily accessible.

To view all homes for sale in Kamloops click here.

CMHC to Limit Mortgage Insurance Product Offerings Effective May 30; CMHC Will Stop Offering Mortgage Insurance on Second Homes

April 27, 2014 Kirsten Mason Information For Buyers, Mortgage Information

This article appeared on CBC.ca on April 26th, 2014. CMHC to limit mortgage insurance product offerings Effective May 30, CMHC will stop offering mortgage insurance on second homes

Canada Mortgage and Housing Corporation will no longer offer mortgage insurance on second homes, the crown corporation said on Friday.

It will also discontinue selling mortgage insurance to self-employed people without third-party income validation. The new limitations mean borrowers will also no longer be able to act as co-borrowers on other applications.

These changes, which will take effect on May 30, are part of the ongoing review of the mortgage loan insurance business. CMHC said self-employed Canadians can still qualify for insured financing with a validation of their income using traditional methods.

As well, the two products will still be available to those who submit requests prior to May 30, regardless of the closing date of the home purchase.

CMHC said these two products account for less than three per cent of its insured business volumes in units. “Given the limited use of these products, their discontinuation is not expected to have a material impact on the housing market,” CMHC said in its release.

The changes come as Canadian home buyers face an increase in mortgage insurance premiums.

In February, CMHC announced it would hike premiums for default insurance by an average of 15 per cent effective May 1. The increase would hit buyers who have a downpayment of less than 20 per cent.

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