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  Key Features:

• a review of other high profile real estate developments within the greater Victoria area

• articles from the Guest Editor of Dream House Magazine and high achiever real estate agent, Leslie Farrell of Newport Realty

• current (July 2007) figures and charts provided by the Greater Victoria Real Estate Board

• a new up to date Market Report dated August 2007

• a relevant sampling of current MLS offerings

• over 60 comparable sales from Leslie Farrell's past sales list and her current listings

• details on the comparable Parkside Project featuring Fractionals

• a CMHC report on the "Impact of the 2010 Winter Olympics on the Vancouver and Sea to Sky Housing Markets".

CMHC - HOME TO CANADIANS

Comprehensive Bilingual Housing Information Monthly - (157 pages)

Canada Mortgage and Housing Corporation (CMHC) has been Canada's national housing agency for more than 60 years.  Together with other housing stakeholders, it helps ensure that Canada maintains one of the best housing systems in the world.  CMHC is committed to helping Canadians access a wide choice of quality, affordable homes, while making vibrant, healthy communities and cities a reality across the country.

For more information, visit the CMHC website at http://www.cmhc.ca

Stage One Preliminary Site Investigation

Ms. Rachel Sansom representing LGB9 Development Corporation (Client) c/o Turner Lane Development Corporation retained Levelton Consultants Ltd. (Levelton) to conduct a Stage 1 Preliminary Site Investigation (PSI) of 23 legal titles in the Bear Mountain development site (subject property) located in the City of Langford and the District of the Highlands, British Columbia (Figure 1, Appendix I).  The Stage 1 PSI consisted of evaluating and reporting existing and historical information collected through an historical search and records review, a site review and interviews with individuals knowledgeable about the site.  Levelton understands that the Stage 1 PSI is required for due diligence prior to the potential sale of the properties.

Cities are increasingly using mega events such as the Olympic Games to enhance short and long-term economic opportunities and to raise their international profile.  The events are anticipated to attract tourism, garner international media recognition, stimulate rapid development of infrastructure, and lead to the construction of sport and leisure facilities.

Extensive research had been conducted on the economic impacts of hosting mega events, but very few studies have examined the impact on housing markets in host regions.

The 2010 Winter Olympics and Paralympics (the Games) will take place in Vancouver and Whistler, British Columbia and potential impacts will reflect on the entire Southwest Metropolitan Region of the province.  The purpose of this research is to estimate the impact of the 2010 Games on the region and its sub-regional housing markets.

Copyright  2007, D'Tale. All rights reserved.

Revised: June 20, 2008

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