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Gary Sims
REALTOR®
(250) 881-4117
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Gary Sims Victoria Homes Blog

Gary Sims Victoria Homes Blog

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April
25

Come view this lovely 2 bedroom, 2 bathroom with parking and storage condo in Chelsea Green near Uptown this Saturday April 25, 2026 2 to 4 pm. See you there!

Turn off Saanich Rd at 899 Darwin, then left into garage to large visitor parking then walk up to centre court for access to building 899.

Looking for a spacious, light-filled, pet-friendly, SE corner unit with 2 bedrooms and 2 bathrooms, and a parking space? Don't miss this one! With 915 fin sq ft of updated interior space and a bright kitchen that opens onto a relaxing 113 sq ft corner balcony, you will love being home. The living/dining room has a cozy gas fireplace, with gas included in the strata fee. The suite was thoroughly updated in 2019. The primary bedroom fits a king bed and has an ensuite with shower; the main bathroom has a tub. The spacious laundry room has a large LG Washer/Dryer and ample...

Click Here to Read More...

April
15

Week 16 - April 15, 2025

This week I am showing the lowest priced 3 bedroom, 2 bathroom single family detached houses in Westshore, Victoria Core, and on the Peninsula that have come on the market in the last 7 days.

The best way to experience a property is to view it in person. Photos available upon request. Let me show you your own personalized viewing of these properties.

For more information call me with the week# and property#.

Thanks for reading the Hot Properties list!
Gary

Property #1: - Single Family Detached Rancher $789,900

Click Here to Read More...

April
11

Besides the Bear Mountain One Model

Thank you for reading our current Greater Victoria Real Estate Newsletter!

In this month's issue (click topic to view):

Hot Properties and Deals

Market Update

GoAgent MLS Smartphone App

Bank of Canada Rate Forecast (Video)

Educational YouTube Videos/Playlists

Blog: 5 Signs You've Found the Right Home

Home Market Evaluation

Highlights of this Newsletter (2 Minute Read)

1. The Hot Properties has been updated to include the latest Weekly Hot Properties and Deals.

As well, see over 65+ properties offered by our brokerage that may be the perfect home you are looking for. Contact Gary to view any of these or for more information.


2. The March 2025 Greater Victoria 
Real Estate Market Update released on April 1st shows that at end of month there were 3,023 active listings, 14.9% more or 393 more units than in February 2025. This indicates more sellers are moving into the spring real estate market. This is a great time for buyers to start looking as there are about twice as many added properties in March versus February. For buyers this is providing more opportunities to find your dream home!

3. Get ahead of the crowd with your own personal curated MLS Portal and MLS Smartphone GoAgent App to easily follow the new listings and sold prices. I love this app on my smartphone. On my morning walks I use this app which instantly tells me everything about the for sale properties I encounter along my route. Very handy!
 
4. The next Bank of Canada Policy Rate announcement is on Wednesday, April 16th. We have now seen 7 Bank of Canada Policy Rate decreases since June 2024. The US tariffs are affecting confidence in buyers and we may see some slow downs. At the moment we are expecting 2 more rate decreases this year, possibly bringing the policy rate down to 3% and prime rate down to 4.45%. Will this happen now? We are not sure how the current US tariff threats will affect future rates at this time. Nevertheless, it is still the best time in a couple of years for renewing or obtaining a new mortgage. Current prime rate is now 4.95% and we are seeing 5 year, insured fixed term mortgage rates around 3.99% and uninsured fixed term rates around 4.44%. 
Call for other rates.

See our video on the 2024 rate changes and 2025 Bank of Canada interest rate forecast. This is a bit dated as it did not look at the current tariff issue (who knew?) but once the tariff issues settle down I will prepare another rate forecast based on the best current information then, so watch for that.

Read the full details at the following link:

https://mailchi.mp/garysimsvictoriahomes.ca/newsletter_apr2025

We welcome your comments and suggestions for future newsletters.

Thanks,

Gary and Rosemary
cell 250-881-4117
email homes@garysimsvictoriahomes.ca

April
8

Gary's Weekly Hot Properties and Deals

Week 15 - April 8, 2025

This week I include a Luxury Single Family Detached Home, a Budget Townhome and 3 new Move-in-Ready Condos with a Special Deal and an amazing Downtown Victoria Condo.

The best way to experience a property is to view it in person. Photos available upon request. Let me show you your own personalized viewing of these properties.

Victoria Real Estate Statistics April 1 to 7th:

Thanks for reading the Hot List and Deals!

cheers, Gary

Property #1: Luxury Single Family Detached Home $3,499,000

6 Bedrooms, 5 Bathrooms, 1.01 Acres, 3 Car Garage.

North Saanich: Prepare to be impressed by the quality and thought that went into this architectually designed custom home in desirable Ardmore. Tasteful finishings combined with a spacious layout and carefully placed on just over an acre where you will find a perfect balance between community and privacy. A grand entrance leads to the open main living area with 16' ceilings, picture windows, gas fireplace, exquisite kitchen with a butler's pantry and high end appliances.

The main home provides a luxurious primary suite on the main level, options for office space, flexroom and loads of storage! The 2 storey, 2 bed/2 bath carriage house for extended family, guests, or revenue will impress. Enjoy your beautiful south gardens with raised beds and a wholesome rustic feeling that brought you to the country in the first place! The incredible shop for the mechanic/hobbyist exceeds expectations! A 3 car garage and a massive driveway offers RV parking. It's an easy commute to Victoria with the airport, ferries, and Sidney just minutes away.

Call Gary to View!

Property #2Townhome $629,900 3 Bedroom, 3 Bathroom, 1 Parking

Langford: This inviting townhouse is nestled in a vibrant, walkable community surrounded by schools, parks, and all the amenities Langford has to offer. Ideally located near shopping and seamless highway access, it's perfect for commuters seeking both convenience and tranquility.The efficient layout features a stylish kitchen with a cozy breakfast nook, a convenient 2-piece powder room on the main floor, and a spacious primary bedroom with dual closets and a private ensuite.

Highlights include brand new hot water tank, easy-care flooring, newer vinyl plank on entry stairs and carpet on the top level/stairs(2022), a built-in vacuum system and two sun-drenched, west-facing balconies perfect for outdoor entertaining or relaxing. It's a short stroll to downtown Langford and a quick drive to hiking trails, recreation facilities, and more. This home blends comfort with an unbeatable location. It includes one dedicated parking space and street parking for guests.

Call Gary to View!

Property #3: 3 New Condos $570,900 to $599, 900 2 Bedroom, 2 Bathroom, 1 Parking - Special Offer 1% Cash Back or 1% Directly Applied to the Price.

Langford: Enjoy these move-in-ready well-appointed condominiums nestled in a quiet suburban street, a moment away from Goldstream and Millstream roads. Come to a spacious home finished with elegant touches and thoughtful amenities. Large windows full of natural light and premium sound barriers ensure you relax in comfort.

Advanced green technology, from EV charging and roof-top solar panels to in-unit Energy Star appliances, premium insulation, and energy-saving windows. With modern touches like wide plank luxury vinyl flooring, sleek quartz countertops, and 9' ceilings give each residence a contemporary look. The eco-friendly heat pump keeps you cool in the summer and warm through the winter. With Bike storage you will be quickly cycling down the E&N Trail, hitting the links at nearby Royal Colwood Golf Course, or exploring Langford Lake Park ensuring there's something for every outdoor enthusiast!

Call Gary to View!

Property #4: Condo $474,900 - 1 Bedroom, 1 Bathroom, 1 Parking, On-floor Storage and Bike Locker.

Downtown Victoria: Enjoy coming Home to this BEAUTIFUL, AFFORDABLE, PET-FRIENDLY, 1 bedroom, 1 bathroom condo right in the heart of downtown Victoria!

Relax in your bright, south-facing, open concept unit with expansive windows and contemporary kitchen with stainless steel appliances. Comes with an underground PARKING SPACE, Storage Unit, Bike Storage and the use of the 15th floor Rooftop Patio with 2 grills and stunning 360° views!

Amazingly CONVENIENT location! Walk in minutes to cafes, restaurants, the Odeon, the Atrium, stores, gyms, the Royal Theatre, and more.

Because this is my listing please book a viewing appointment with your Realtor® or I can recommend one of our Brokerage Agents who would be pleased to show you this condo.

April
1

MARCH 2025
Victoria real estate market stable in the face of uncertainty

A total of 613 properties sold in the Victoria Real Estate Board region this March, 4.3 per cent more than the 588 properties sold in March 2024 and 16.1 per cent more than in February 2025.

Sales of condominiums were up 14.1 per cent from March 2024 with 202 units sold. Sales of single family homes increased by 2.1 per cent from March 2024 with 292 sold. "The economic uncertainty the world faces right now certainly colours our local real estate market," said 2025 Victoria Real Estate Board Chair Dirk VanderWal. "In spite of this, our market remains as it has in recent months - stable and balanced. Inventory levels this past month held steady at over three thousand listings, which meant that there was a good amount of selection for buyers, while relatively flat pricing meant more...

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/27/2026. The listing information on this page last changed on 04/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/27/2026 12:29:51 AM EST) or VREB MLS (last updated Sun 04/26/2026 10:31:09 PM EST). Real estate listings held by brokerage firms other than DFH Real Estate LTD may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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