Monthly Archives: February 2017

2017 Vacancy and Rental Rates Nanaimo

Published By: on February 26th, 2017 in Category Nanaimo Real Estate, Rental Rates

Written on February 26, 2017

How much will my home or suite rent for and what is the vacancy rate in Nanaimo? Listed below are typical rental rates in Nanaimo.

Many home owners are looking for guidance about what income they can expect from their rental property, be it a basement suite or a 2nd home. At Remax of Nanaimo we are fortunate to have a very experienced property manager, Guy Litton,  who helps us out in this area.

Rental Rates Nanaimo

Continue reading

BC Loans for First Time Home Buyers – Here’s what you need to know!

Published By: on February 1st, 2017 in Category Nanaimo Real Estate

Written on February 1, 2017

As of January 16, 2017, The BC Government is offering loans to help 1st time homebuyers with their down payments. Many people would like to buy a home and have the income to support mortgage payments, but cannot manage to save the required minimum of 5% for the down payment. The BC government is offering to match the buyer’s down payment up to a maximum of  $37,500. Continue reading