Friday, June 24, 2016
Family Home with suite!
724 Maltby Court, Langford, BC
Chef's Kitchen! Walk-in pantry
High End Stainless Steel appliances Included
Spacious, bright dinette
Living room with Danish Wood Stove
Master Bedroom with Views of Olympic Mtns
Gorgeous En Suite Bath!
Laundry ROOM, not laundry closet!
Posted by Lorne Tuplin at 8:49 PM
Friday, June 17, 2016
Right in the heart of idyllic Cowichan Valley on Vancouver Island is a world-class raceway, a Federation Internationale de l’Automobile-designed track with five combinations for different activities, of Formula One quality, but laying resplendent amidst waves of scenic greenery.
Peter Trzewik and Sylvester Chuang of Gain Vancouver Island had a dream of creating a place where their clients could drive their cars at high speeds and, after some thought, they hit upon a seminal notion: employ Hermann Tilke, founder of Tilke Engineers and Architects, arguably the world’s most renowned and respected Formula One track designer, responsible for, among others, the tracks at Bahrain International Circuit, Shanghai International Circuit, Istanbul Park, and Valencia Street Circuit. Trzewik, himself an accomplished driver with plenty of links to the German auto industry, connected with the Tilke team and convinced them to pay a visit to the proposed site. Though undoubtedly tired from a long trip that also took them to the States and Mexico, after spending 36 hours on the island, Trzewik says they couldn’t stop talking about how beautiful it was and that they wanted in. The exciting project opened in June.
The Circuit site is only a few kilometres off the Trans-Canada Highway, not far from Duncan, and not so far, either, from Nanaimo. This is a vital part of the overall plan, since potential members of the Motorsport Circuit will have access to the tracks, the clubhouse, and the newly (and splendidly) renovated and soon-to-be-reopened Villa Eyrie located between Victoria and Duncan. The options are not limited, but as Trzewik describes it, “You can arrive in Nanaimo, or in Victoria. We will get you to your accommodations and arrange transport to the track.” There are many options for accommodation, but Villa Eyrie is ideally located, and is owned by the resort. “You can golf in the morning, race in the afternoon, or vice versa,” says Trzewik. “You can have a wonderful evening at the resort, and be ready for the next day.” One of the Circuit’s big advantages is that it is the only one in Canada that is virtually a 365-day-a-year facility. Similar setups are seasonal; others are extreme distances away. Membership has plenty of advantages, including 25 years of driving club privileges, access to the clubhouse restaurant any day of the year, and, for an extra fee, an on-site vehicle storage facility.
Professional instructors, including celebrity guests, and a driving academy are available. State-of-the-art technology allows each lap’s performance specifications to be analyzed, showing drivers where they are doing well and where they can stand to improve. Multiple elevation changes, 19 corners, variants in corner banking degrees, seven different track configurations, all are part of this wonderland for drivers. There is even an off-road track with 10 elements, also designed by Tilke. Trzewik is now able to share his passion for beautiful cars and high-performance driving with members of the Circuit, who in turn can bring guests, and create bespoke driving experiences. Full throttle, Formula One-style fun.
Posted by Lorne Tuplin at 10:33 AM
Thursday, June 16, 2016
To unravel the politics of Metro Vancouver’s red-hot, real estate market, just follow the money. And the votes.
Premier Christy Clark has resisted aggressive intervention in a hyper-inflated market that’s soured the dream of home ownership for non-millionaires.
Why has Clark fiddled while the market burns? Maybe it’s the $12 million donated by real estate tycoons and property-development companies to Clark’s governing Liberal party over the last decade.
But here’s another reason Clark might not want to spoil the real estate profit-palooza: the vast sums of money flowing into government coffers from the property transfer tax.
When a B.C. home is sold, the government takes a percentage cut. The higher the price, the more the government collects.
With prices soaring, the government is making a transfer-tax killing: an astonishing $1.49 billion in the last fiscal year, a 40-per-cent increase in one year.
The transfer-tax take was $562 million more than the government budgeted at the start of the year, allowing the Liberals to balance the books and giving Clark a key re-election talking point.
How big is this pot of money? It’s more than the government got from lotteries and casinos. More than the carbon tax. More than tobacco. More than liquor. More than royalties from forestry, mining and natural gas combined.
As the government rakes in money from real estate sales, Clark says she’s worried about taking steps that would reduce home prices and erode existing homeowners’ equity.
Polls and demographic studies suggest those homeowners are more likely to vote and vote Liberal.
“Homeowners were much more likely to vote than renters — 71 per cent versus 54 per cent,” concluded a 2012 Statistics Canada study on voter turnout rates.
“Homeowners tend to have lived in the area longer, so they are more familiar with the candidates and where to vote,” explained pollster Greg Lyle of Innovative Research.
The same StatsCan study said older, wealthier voters (who tend to be homeowners) are also more likely to vote than younger, less-wealthy voters (who tend to be renters).
“Renters tend to be more likely to support parties on the left, while homeowners are more likely to vote for those on the right,” Lyle said.
In other words, homeowners show up on election day more than renters. And homeowners tend to vote Liberal to boot, while renters tend to vote NDP if they bother to vote at all.
Is it any wonder Clark doesn't wish to anger homeowners who now represent a crucial Liberal voting bloc across a Metro Vancouver packed with critical swing ridings in the election?
Watch for Clark to continue to protect the interests of existing homeowners, as the red-hot housing market increases their equity and pumps more millions into the coffers of the Liberal party and government.
Posted by Lorne Tuplin at 11:58 AM
Wednesday, June 15, 2016
Wednesday, June 01, 2016
SOLD 118-2260 Maple Road N SOLD
En suite Bath
Patio & Deck
This 1558 sf 2015 Built Family Home Features 3 Bedrooms & 3 Bathrooms over 2 Levels. Downstairs, The Open Concept Main is Filled with Light from the West Facing Patio & Picture Windows. Wood Laminate floors & 9 Foot Ceilings throughout. Dining-Living Combo features Natural Gas Fireplace with Tile Mantle. Functional Kitchen with Dark Maple Cabinets and Island. Stainless Appliances including Natural Gas Range. Massive Built-in Pantry. Single Car Garage & Powder room finish the Lower Level. Upstairs, find Sizeable Master with Elegant 4-Piece En suite. 2 Additional Bedrooms, 4 pce. Bath & Laundry room with washer/dryer. Fully fenced Back Yard deck & storage shed, Perfect for the Pets or the Family. Can be sold fully furnished. To view, call Lorne Tuplin - RE/MAX Camosun 250-217-4600
Posted by Lorne Tuplin at 4:15 PM