Broadmead Real Estate

Broadmead is a unique community which has resulted in exceptional Real Estate appreciation over the past 40 years. The restrictive covenants and local bylaws maintain a high quality community.

Signs

Building scheme restrictions on most properties in Broadmead prohibit advertising signs except real estate “for sale” signs meeting particular specifications.

To meet these restrictions, real estate agents who list properties for sale in the Broadmead area need to obtain signs from Pacific Posts VI. Pacific Posts can be contacted by e-mail at:

info@pacificpostsvi.com or by telephone at: 250-588-2102
If selling privately, homeowners can obtain ‘For Sale by Owner’ signs from Pacific Posts VI.

Broadmead properties have statutory building scheme restrictions which limit homes to single-family use only and these generally prohibit the secondary rental suites They also prohibit parking RVs on driveways.

Please e-mail BARA: info@broadmead.ca for any questions regarding these restrictions.

Garden Suites

Garden suites are detached dwellings located in the rear yard of a property with a single-family house as its principal use.

The municipality of Saanich will now permit a garden suite on most single family residential (RS-zoned) properties inside the Saanich sewer service area. However, property owners need to be aware of other restrictions on their properties.

Almost all properties in the Broadmead area have pre-existing statutory building schemes on title that prohibit more than one dwelling unit (for one family or household) on any property. While Saanich will issue a building permit for garden suites (after providing a simple warning to applicants to check their title to ensure such suites are allowed), if a building scheme restriction is on title, landowners building such structures – even if they have a Saanich-issued building permit — leave themselves open to possible legal action from neighbours in the same building scheme. 

Saanich Tree Policy

BARA defers to the District of Saanich in all matters concerning the removal of trees. Broadmead, like all of Saanich, is subject to the Saanich tree preservation bylaw recently amended.

Please see this article from the Saanich News

Real Estate News, Statistics & Economy

Victoria Real Estate Board Stats

Lastest Victoria Real Estate Statistics

June 1, 2023 A total of 775 properties sold in the Victoria Real Estate Board region this May, 1.8 per cent more than the 761 properties sold in May 2022… [...]

Bank of Canada news

Bank Of Canada News

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The Bank of Canada Museum is honouring two outstanding educators for their exceptional work in teaching students about the economy. [...]

Press conference following the release of the Financial System Review. [...]

Bank of Canada Economy

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NY Times Real Estate news

New York Times Real Estate News
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The church on West 14th Street, the first in Manhattan created for a Spanish-speaking congregation a century ago, has been deconsecrated. Its future is uncertain. [...]

The 900-square-foot house had three bedrooms, but the children’s were shoe-box size. Updating them required ingenuity and ideas from “An American in Paris.” [...]

Rupert Murdoch Closes on a Central Park Co-op

The $35.2 million purchase on Central Park South was among New York City’s largest sales in May. The biggest was a townhouse that sold for $41 million on the Upper… [...]

Forbes Real Estate News

Forbes Real Estate Feed
Central Park Views And Celebrity Neighbors Are Highlights Of This New York City Condo

A two-bedroom condo in famed architect Robert A.M. Stern's celebrity-filled 15 Central Park West takes in panoramic views of the park. [...]

A $10 Million Las Vegas Home Doubles Down On Zen-Inspired Design

The home’s two main boxes are stacked, the upper structure forming a canopy for an entry courtyard with a hanging lounge and sitting area beside a narrow reflecting pool. [...]

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The adage "Location, location, location" still rings true. When investing, check area drivers like job and population growth to find the spot that aligns with your goals. [...]