A new trend is emerging in the real estate market on Vancouver Island and this is especially evident in the Comox Valley. Land costs are on the rise and some builders are taking advantage of by-law zoning that is in place to build a secondary suite within new homes. These homes with secondary suites are popular and sell fairly quickly in the Comox Valley as there is a small inventory to choose from.
New homes with suites are useful to buyers who are looking for a mortgage helper or for an inlaw or secondary suite for family members. Homes with suites are also proving attractive when blended family generations join to purchase a home.
In the Comox Valley, a select number of homes have been built with secondary suites in The Ridge. Some of these have been custom built to allow for a single level suite for a senior or an elderly couple and some have been built on two levels to accommodate a younger generation of the family. If the new homeowner plans to rent out a secondary suite they can expect to generate approximately $1,300 per month in rental income. Vacancy rates are extremely low in the Comox Valley and a secondary suite would rent out very quickly.
Coastal Custom Homes has started construction on a new two-storey home located at 3332 Harbourview Blvd. in The Ridge neighbourhood in Courtenay, B.C. This custom floor plan provides a total of 3,022 sq. ft. which includes a separate secondary suite that is 937 sq. ft. in size. This suite has a separate entrance which is located away from the main entrance of the home. It also has its own covered deck, two bedrooms, 1 bathroom, a large open concept dining, kitchen and living area, a laundry room and its own 6’ x 8’ storage room. All of this comes together to make this the perfect design for a secondary suite!
Enjoy the spectacular ocean and mountain views from the upper floor of this three-bedroom and three-bathroom family home. The kitchen features a large island, quartz countertops, shaker kitchen cabinets, a walk-in pantry and is open to the living and dining areas. There is ample parking available at this home, with a two-car garage and additional parking in the driveway for two cars. Enjoy the 7’ by 6’ storage area as well as the 20’ by 8’ high basement to store recreational equipment or seasonal items.
A covered heritage-style porch provides a welcoming area at the front of the home. On the upper floor, a covered deck provides the perfect place for enjoying outdoor meals and for soaking in the stunning views. This home comes with an eight-panel 2.5 KW solar system installed on the roof, reducing energy bills from the day you move into the home.
The Ridge is a popular community in Courtenay on Vancouver Island boasting impressive, panoramic ocean and mountain views. This neighbourhood has a large park and provides many opportunities to meet friends at the playground, walk the dog or have a friendly game of frisbee or soccer. It is known for welcoming newcomers to the area and has a mix of residents who include parents with young children, retirees and empty nesters.
To date, there have been approximately 100 new homes built in The Ridge and when this development is finished it will include 230 single-family homes. We choose to continue building our new homes in this community because of the design guidelines in place. The developer is committed to creating an urban residential community emphasizing pedestrian activity.
Come to The Ridge and find your Home Suite Home!
Contact us by phone or email.
Due to the COVID-19 situation, we are committed to offering a safe environment to view this home site for sale. The health and safety of everyone is our primary concern at this time.
Contact: Dean Vershuur at Coastal Custom Homes