Returning boomers stoke rec property market
Robert Mercier and Agathe Fillion jumped at the chance to buy a waterfront home for $1.2 million in Fanny Bay, south of Courtnay on Vancouver Island. In doing so, the Calgary couple followed in the footsteps of many Albertan’s, including Mercier’s sister, who is leaving the booming Alberta economy behind for the quiet life on Vancouver Isalnd.
“Calgary is very booming, and we had some business there and it was very stressful and we said ‘Okay, that’s enough’,” Mercier said.
“Here I find it so relaxed, so peaceful. The noise is the national noise of the sea. We have sea lions and fishing boats in front of our place.
“You can’t do better than that.”
Mercier said the $1.2 million price tag for the 4,300 square foot house on three-quarters of an acre “was a deal”.
The market is very strong in the area and prices are just going to go up, he said.
The stretch of waterfront from Campbell River to Fanny Bay has been developed for 40 years, Marty Douglas, managing broker at Coast Realty Group in the Comox Valley said.
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