Neighbourhood Investing – Horseshoe Bay

Posted by Nina Parente

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Rising up from the north facing marina, ferry terminal and commercial district in the heart of the bay, the community of Horseshoe Bay spreads south and west to encompass the entire peninsula, including the Gleneagles golf course, community centre and elementary school. For such a relatively small community by area it offers amazingly diverse homes, views and housing options. All of which are connected by a walkable and rideable network of trails.

The Coast Salish peoples inhabited this important area since before recorded history. Early nineteenth century logging operations were then followed by the passenger rail line from Deep Cove. This led to a burgeoning village in the 1920s and 1930s with cottages, accommodations, commerce and recreation oriented towards summer visitors. By the 1950s Horseshoe Bay became the site of the new ferry terminal and a stop on the new Upper Levels highway.

In addition to the high end waterfront homes, the community has a wide range of single family homes and prices, which tend to be priced below comparable properties elsewhere in West Vancouver. A substantial % of homes are owned for rental purposes and cash-flow positive opportunities are available. A brand-new waterfront condo and townhouse development, adjacent to the Libby Lodge Senior Home and the marina, has added some much needed multi-family stock.

Due to it’s geography and development history Horseshoe Bay is the ultimate in “village” style living, while still enjoying all the benefits of being in the city.

For more information on current listings and potential opportunities check out my website.