Posts Tagged ‘tofino commercial real estate’

By Baila Lazorus – Western Investor

Rock-bottom U.S. real estate fails to draw some recreational buyers out of B.C.

Despite a real estate market at rock bottom prices, the U.S. doesn’t always draw Canadians looking to invest in a second or vacation home, and a big reason is the better chance of appreciation in B.C. In Tofino, for instance, prices dropped only by a few percentage points since 2008, and are now, characteristically, climbing again.

View the article: Western Investor

By Jenna McMurray – Calgary Sun

Calgarians show wave of interest in The Shore

Despite having a healthy helping of the world-renowned Rocky Mountains, Calgarians need a little H2o in the diets. It’s becoming obvious they have a craving for for salt water, in particular, through strong interest from Albertans in The Shore, a luxury waterfront development on the west edge of Vancouver Island.

View the article: The Calgary Sun

Commercial space, a new restaurant and a recreational arena to bring new life to Tofino’s downtown core.

Tofino, BC – (October 25, 2011) – Located in the centre of Tofino’s downtown core, The Shore, a luxury waterfront real estate development, is pleased to introduce The Shore Marina & Pier to Canada’s surfing capital. Launching spring 2012, the Shore’s new marina and pier will feature a new dockside restaurant and a multi-purpose recreational facility open to the public, which will serve as both a fitness centre and a communal gathering space.

View full press release: Tofino Real Estate Development To Launch Public Marina

By Jenna McMurray – Edmonton Sun

It’s becoming obvious that Albertans have a craving for salt water, in particular, through strong interest in The Shore, a luxury waterfront development on the west edge of Vancouver Island.

View the article: The Edmonton Sun

JENNA MCMURRAYJenna McMurray – Edmonton Sun

By Jean Sorensen – The Journal of Commerce

When The Shore’s new marina opens in May 2012 on Tofino’s downtown waterfront, it will showcase how construction has the ability to reshape social dynamics.

View the article: The Journal of Commerce

By Susan M. Boyce – New Condo Guide

View the article: Condo Market Watch

orca air

By Jen Dart

The team at the Shore has developed an exciting promotion for their final release of units.

There are only five remaining residential units at this luxury mixed residential and commercial building on Tofino’s waterfront. And the buyers of these last remaining harbourside and penthouse suites are now eligible for free fast travel to and from Vancouver.

The Shore is offering free flights for two years from Tofino to and from the south terminal at Vancouver International Airport for those who purchase units before Sept. 15.

This scenic Orca Air flight takes you over the Georgia Straight and across the mountains and lakes of Vancouver Island. The final descent into the Tofino-Ucluelet airport brings you swooping down directly over Long Beach.

The Shore’s “Buy and Fly” promotion began July 30, 2011 and runs until Sept. 15, 2011. It entitles buyers during this time period to free flights for two years from the date of the sale contract. The offer is valid for up to four people per sale. Up to 48 flights to and from Vancouver are included.

At regular flight prices, this offer is worth roughly $8,000 before taxes.

Orca Air, currently the only air carrier offering regularly scheduled flights between Tofino and Vancouver, is the fastest option for travel to Tofino (other than chartered float plane). Driving from Vancouver, including the time it takes for the BC Ferries crossing, takes about five hours. Granted, Highway 4 from Port Alberni to Tofino is one of the most spectacular drives you’ll find on the coast, but the flight offers even more stunning views of the mountains and coastal areas of mid-Vancouver Island. And you can use the time you save for beach walking and relaxing in front of a breathtaking view of mountains, rainforest and ocean from your condo.

In terms of residential units at the Shore, only five of 24 remain. Two of these are first floor harbourfront condos. These units range in size from 828 to 1,168 square feet.

There are also three penthouses suites available, each with two bedrooms and two baths, from 1,890 to 1,953 square feet.

For a full listing of prices and further details, please see our Shore Information Sheet.

Part of the development plans for the Shore building including a waterfront walkway and a marina and restaurant on the foreshore dock.

Maria Peters of Leap Marketing in Vancouver has joined the Shore development’s team for the final release of units for this unique project.

Located at the “centre of town, edge of the world,” the Shore building is a mixed commercial and residential project on Tofino’s waterfront, looking out into the wilderness of Clayoquot Sound.

Peters is overseeing the final release of five residential and five commercial units, including the restaurant space located on the foreshore dock.

Maria PetersShe is stationed at the Shore’s sales centre, located on the street level of the development at 368 Main St in Tofino.

Peters said she is thrilled to be in Tofino and involved with the Shore: “My partner Christa Frosch (of Sotheby’s Vancouver) and I are both involved and committed to the project.”

Her focus is to showcase the last few remaining units from the sales centre.

Currently, only five residential units remain – two one-bedroom waterfront units and three penthouse suites.

The waterfront harbourview units are priced from $525,500, while the penthouse suites range from $1,345,000 to $1,389,900.

In terms of commercial availability, there are four units fronting Main St. still available for purchase. Current tenants include Ocean Outfitters, Covet Boutique, and Westland Insurance. These units, which front Main St., range from $458,000 to $459,500 (1,032 to 1,061 square feet).

Maria has been in the Tofino office since early July, and has met a varied mix of people coming through the doors.

“Traffic in the office has been an international mix, with people from Hong Kong, Texas, Vancouver, and the UK,” she said.

“Tofino is international in the summer, and these visitors are finding the Shore.”

The owners of the Shore are also currently looking for a tenant for their dockside restaurant. This space is located on the foreshore in front of the building, and construction should be completed by the fall of 2011.

A marina is also under construction, and will be located next to the restaurant. Moorage is available first to residents, then to the public.

It’s not surprising that visitors are naturally drawn to Tofino’s waterfront; it’s a hub of activity, as well as a viewpoint for a glimpse of the beauty of the surrounding rainforests. Watch float planes taking off, wildlife and fishing boats and kayakers passing by.

Main St. is Tofino’s historic hub as well. In fact, the public walkway dedication that the owners of the Shore are providing in front of the building is reminiscent of a wooden boardwalk that once ran the length of the village of Tofino’s waterfront. In those days, the streamer from Victoria was the only contact with the larger world.

Today, as Maria noted, the world comes to Tofino.

Watch this blog for more updates about current sales offerings, as well as special events and promotions. The Main St. sales office for the Shore is open five days a week.

By Kathy McCormick – Calgary Herald

Penthouse bought as an investment takes couple’s “breath away”

After visiting Vancouver Island and falling in love with the area, Jo Brar and Harpreet Virdee of Calgary decided to buy a penthouse in The Shore in Tofino, B.C., as an investment.

View the article: Calgary Herald