BURNABY / NEW WESTMINSTER Jul 31, 2015 Real Estate Weekly
8
REAL ESTATE WEEKLY T here’s a new trend in the new condo market. A significant segment of wealthy baby boomers are selling their detached homes – but rather than downsizing and banking their profits (or passing them onto the Millennial genera- tion), these individuals are investing in large upscale condos. It’s called rightsiz- ing. It’s a strategy that local developer Grosvenor is using on all its projects currently in development in Metro Vancouver: Grosvenor Ambleside; Grosvenor Edgemont; and a new site at Pacific and Hornby. “Developers are either going towards micro units or larger suites,” says Michael Ward, Grosvenor’s senior vice-president and general manager. “We’re seeing a lot of buyers who are selling their single- family homes and purchasing a condo at the same price. It’s a shift in the market that wasn’t prevalent a year ago.” Evidence in West Vancouver Grosvenor has direct evidence of this at its Ambleside project. Phase one is just over half sold and more than 80 per cent of buyers are West Vancouver residents who, up until now, have not had many opportunities to purchase high-end con- dos locally. “The finishes and the view are perhaps better than what was in their house,” says Ward. “They might be getting slightly less in square footage, but it’s a lateral move in terms of price.” Grosvenor takes heed of feedback it receives during the development process and at public meetings. The developer also sits in on focus groups and meets with marketing firms whose job it is to follow trends. “Developers have to follow the needs of people and anticipate what they’ll want and what will be in demand,” says Ward. Prevalent in Wealthy Pockets Jason Turcotte, the vice president of development at Cressey Development Group, notes that the obvious areas for these upscale projects are pockets where there is already a lot of wealth, such as West Vancouver, Vancouver’s West Side and White Rock. “These buyers do not want to leave their neighbourhood,” he explains. “They’ve often been there for many years and they’re looking for options to free up their lifestyle. They want a place with low maintenance that they can lock and leave when they go on holiday.” Cressey is currently selling units at Beverley in White Rock where the average unit size is about 1,500 square feet. “Beverley has been extremely well received,” says Turcotte, noting that two- thirds of the homes sold quickly. “Buyers are looking for large square footage and quality... they are not willing to compro- mise. Often their new home is a step up from their existing one, which is already quite nice. Outdoor space is also impor- tant to this market. Almost all of the Beverley homes have terraces and roof decks or 30-foot-wide balconies.” The first project where Cressey began offering larger units was its Arbutus Ridge development. It will be apply- ing the same principals at Sterling in Kerrisdale, which it hopes to bring to market this summer, and Bellevue in West Vancouver’s Dundarave neighbour- hood. Density “No Guarantee of Affordability” Upscale projects like these are adding density to communities, but they certain- ly are not making their neighbourhoods more affordable. “There is no guarantee that den- sity makes for affordability,” says Tsur Somerville, director at the UBC Centre for Urban Economics and Real Estate. “Condos have traditionally appealed to first-time buyers, single people and empty nesters. What’s different now is folks with money who want larger condos. It’s not the old story of empty-nesters selling their homes to make money and it will change the type of products developers make.” “Densification has been a trend for decades,” added Gordon Price, director of the City Program at SFU. “The bigger change here is the equity some people are able to take out of selling their single family houses. They can afford something more luxurious. “Will it continue? I wouldn’t count on it... it will always be a low percentage of the overall population who can afford luxury product.” Rightsizing for Boomers: Emerging Trend Defies Affordability Factors GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE Sunshine Coast Luxury Oceanfront Homes: Cheaper than a Vancouver Bungalow How Do Strata Bylaws and Rules Affect the Value of Your Condo? Ask the Expert: What Mistakes Should I Avoid in Getting My Mortgage? BURNABY NEW WESTMINSTER FRIDAY, JULY 31, 2015 info@rew.ca • 604-435-7977 Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, financing and comparative properties in your area. Find your EXPERT Real Estate professional right here in REW.ca!
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Transcript of BURNABY / NEW WESTMINSTER Jul 31, 2015 Real Estate Weekly
R E A L E S T A T E W E E K L Y
There’s a new trend in the new condo market. A signifi cant segment of wealthy baby boomers are selling
their detached homes – but rather than downsizing and banking their profi ts (or passing them onto the Millennial genera-tion), these individuals are investing in large upscale condos. It’s called rightsiz-ing.
It’s a strategy that local developer Grosvenor is using on all its projects currently in development in Metro Vancouver: Grosvenor Ambleside; Grosvenor Edgemont; and a new site at Pacifi c and Hornby.
“Developers are either going towards micro units or larger suites,” says Michael Ward, Grosvenor’s senior vice-president and general manager. “We’re seeing a lot of buyers who are selling their single-family homes and purchasing a condo at the same price. It’s a shift in the market that wasn’t prevalent a year ago.”
Evidence in West VancouverGrosvenor has direct evidence of this
at its Ambleside project. Phase one is just over half sold and more than 80 per cent
of buyers are West Vancouver residents who, up until now, have not had many opportunities to purchase high-end con-dos locally.
“The fi nishes and the view are perhaps better than what was in their house,” says Ward. “They might be getting slightly less in square footage, but it’s a lateral move in terms of price.”
Grosvenor takes heed of feedback it receives during the development process and at public meetings. The developer also sits in on focus groups and meets with marketing fi rms whose job it is to follow trends.
“Developers have to follow the needs of people and anticipate what they’ll want and what will be in demand,” says Ward.
Prevalent in Wealthy PocketsJason Turcotte, the vice president of
development at Cressey Development Group, notes that the obvious areas for these upscale projects are pockets where there is already a lot of wealth, such as West Vancouver, Vancouver’s West Side and White Rock.
“These buyers do not want to leave
their neighbourhood,” he explains. “They’ve often been there for many years and they’re looking for options to free up their lifestyle. They want a place with low maintenance that they can lock and leave when they go on holiday.”
Cressey is currently selling units at Beverley in White Rock where the average unit size is about 1,500 square feet.
“Beverley has been extremely well received,” says Turcotte, noting that two-thirds of the homes sold quickly. “Buyers are looking for large square footage and quality... they are not willing to compro-mise. Often their new home is a step up from their existing one, which is already quite nice. Outdoor space is also impor-tant to this market. Almost all of the Beverley homes have terraces and roof decks or 30-foot-wide balconies.”
The fi rst project where Cressey began off ering larger units was its Arbutus Ridge development. It will be apply-ing the same principals at Sterling in Kerrisdale, which it hopes to bring to market this summer, and Bellevue in West Vancouver’s Dundarave neighbour-hood.
Density “No Guarantee of Affordability”
Upscale projects like these are adding density to communities, but they certain-ly are not making their neighbourhoods more aff ordable.
“There is no guarantee that den-sity makes for aff ordability,” says Tsur Somerville, director at the UBC Centre for Urban Economics and Real Estate. “Condos have traditionally appealed to fi rst-time buyers, single people and empty nesters. What’s diff erent now is folks with money who want larger condos. It’s not the old story of empty-nesters selling their homes to make money and it will change the type of products developers make.”
“Densifi cation has been a trend for decades,” added Gordon Price, director of the City Program at SFU. “The bigger change here is the equity some people are able to take out of selling their single family houses. They can aff ord something more luxurious.
“Will it continue? I wouldn’t count on it... it will always be a low percentage of the overall population who can aff ord luxury product.”
Rightsizing for Boomers: Emerging Trend Defies Affordability Factors
GO TOREW.CA /NEWS
TO READ THESE STORIESAND MUCH MORE REAL ESTATE
NEWS AND ADVICE
Sunshine Coast Luxury Oceanfront Homes: Cheaper than a Vancouver Bungalow
How Do Strata Bylaws and Rules Affect the Value of
Your Condo?
Ask the Expert: What Mistakes Should I Avoid in Getting
My Mortgage?
BURNABY NEW WESTMINSTER FRIDAY, JULY 31, [email protected] • 604-435-7977
Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most
up to date information on the real estate market, price, fi nancing and comparative
properties in your area.
Find your EXPERT Real Estate professional right here in REW.ca!
•2 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 31, 2015
Centre Realty 604.435.9477
Tony Alves604.889.7008
www.tonyalves.ca • [email protected] [email protected]
Teresa Pang604.617.0189
3236-38 ROYAL OAK AVENUE, BURNABY • $918,000
2 SIDE X SIDE DUPLEXES
COMPLETION IN 2 MONTHS Brand new under construction
side by side duplexes. Built with care and quality by experienced European builder. Luxury finishing including quartz counter tops in kitchen and baths. Convenient location, very private backyard. 2-5-10 year warranty.
SELL YOUR HOME FASTER AND FOR MORE MONEYWith George Gomory’s Guaranteed Homeselling SystemRE/MAX Central #1-5050 Kingsway, Burnaby (604) 433-2211 Office
Each Office Independently Owned & Operated
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GEORGE GOMORY
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40 - 5988 Hastings St.Burnaby North - Capitol Hill
714 sq ft, 1 bedroom condo ontwo levels, 1 parking, pets ok.
$5,000 renovation creditwww.GeorgeGomory.com
$248,700
320 - 10707 139th St.Surrey - Whalley
1 bedroom condo with in-suite laundry, 633 sq ft, 1 parking,1 locker.www.GeorgeGomory.com
$179,000
8052 Williard St.Big Bend
Lot: 42x251A2 Zoned
Build or hold
www.GeorgeGomory.com
$683,000
7785 16th Ave. Burnaby East
Quiet Street, 3 level home,7 bedrooms, 6.5 bathrooms,
fenced yard,, 3700 sq ft.www.GeorgeGomory.com
7129 Dow Ave.Metrotown
SubdividableR5 zoned
66 x 183 lot with lane
Do not bother tenants
www.GeorgeGomory.com
$2,200,000
104 - 15 Smokey Smith Pl.New West - Glenbrooke North
Spacious 686 sq ft garden level1 bedroom condo with 9 ft ceilings
and gas fireplace, 1 parking, 1 locker.www.GeorgeGomory.com
$249,900
156 14600 Morris Valley Rd.Mission - Lake Errock
Trailer on Strata Pad in great yearround vacation spot, Golf, Ski, & Fish.
www.GeorgeGomory.com
$92,000
4872 Carson Pl.South Slope
Spacious 3000 sqft home with walk outbasement. Easy to Suite Down. www.GeorgeGomory.com
SOLDSOLDNEW PRICE
Subdividable66 x 183 ft
Lane
SOLDSOLD
MAY-LING YUEN
Licensed Coordinator to The Love Team
604.437.1123 | www.loverealty.net | [email protected] photos & information visit our website or contact us at:
610 Waterloo Drive, Port MoodyCompletely renovated to a very high standard of quality & care by European craftmanship. Effectively 8 yr old, custom built 3 level, luxury home with over 3800sqft w/ great atten-tion to details. 4 bdrm & 2 den(cld be 6 bdrms) + 5 bath-rms. Impressive exotic African wood flooring & counter-tops, lighting & open concept design w/floating staircase & wood arches. Spacious chef kitchen w/top line s/s appli-ances. Unique glass solarium as eating area. 2 bedrm on main w/ ensuites & balconies. Upstairs offers huge mas-terbdrm retreat w/3 sided gas f/p, French doors to balcony & water views. Gorgeous 5 pce ensuite bathrm w/ steam shower, body jets, spa soaker tub. Down offers home the-atre rm w/ wet bar, recrm, bdrm & den. See video link.
7662 Kerrywood Crescent, BurnabyHuge level lot situated on one of Government Rd’s nicest crescents surrounded by beautifully maintained quality homes. At almost 1/3 of an acre, this property is special as few off Government Rd lots get this big! Spacious 5 bedrm 3 bathrms2 level family home has had many updates over the yrs. Beautiful post & beam spacious main flr w/ 3 bedrms / 2 baths (2pce ensuite) & updated open concept kitchen w/ eating area & access to huge family rm, dining & living rm & lrg rear sundeck. Downstairs is bright & inviting w/ separate entrance & laundry, full kit, 2 lrg bdrms & family rm. Fully fenced private SW facing bckyrd is a gardeners paradise w/ fruit trees & hedging. Close to Seaforth Elementary, transit & Burnaby Lake.
#204 - 2381 Bury Avenue, Port CoquitlamAmazing value for a 2 bedrm, 1 bathrm spacious unit w/over 1000sqft in Riverside Manor under $200k. Open floorplan w/large livingrm w/sliders out to sunny southern covered balcony. Dining area off kitchen w/lots of cabinets. Masterbdrm w/cheater ensuite. 2nd bedrm offers sliders out to balcony. Insuite laundryrm w/storage + storage locker & secure parking stall. Walk to shops, parks & Poco Trail. Excellent well maintained building w/newer roof, plumbing, boiler in 2003 & new exte-rior paint in 2010. No pets, rentals allowed! Great investments.
#1401 - 220 Eleventh St, New WestminsterSOUTH CORNER PENTHOUSE-SENSATIONAL 270 DEG FRASER RIVER VIEWS! This 2 bedrm/2 bath penthouse is in a class of its own w/1500sf of jaw dropping views from flr-ceiling windows in every room. Spacious & elegant w/cozy gas f/p, the living rm ismagnificent w/access to bal-cony & connects to formal dining rm. Refreshed & rejuve-nated, this unit has new quality carpeting, moulding & designer paint thru-out. Oversized bright eat-in kit boasts a pantry & eating area. Master bdrm is huge w/private balcony, lots of closet space & 3 pce ensuite. Pets are welcome in this BOSA built concrete highrise w/3yr new roof & indoor heater pool, hottub, fitness centre, 2 side/side secure parking & huge storage locker.
$498,900$593,800
#3110 - 928 Beatty Street, VancouverSTUNNING VIEWS from this SW CORNER 1 bedrm & den w/ balcony situated high above the most sought after city in the world! BEAUTIFULLY UPDATED w/ modern window coverings, new natural walnut engi-neered flooring thru-out, extra closet added tothe bedrm, den opened up to living rm, ceiling scraped flat, black-out blinds in bedrm, new h/e washer/dryer & new built-in microwave, bosch d/w. Functional kit opens to living/dining rm. This unit is truly special w/ VIEWS FROM EVERY ROOM! False Creek to Coal Harbour, you will rarely feel the need to turn your tv on for entertain-ment. Spacious layout w/ insuite storage. Enjoy 5 star amenties. 1 secure parking & storage locker included.
$1,088,900
521 Roxham Street, CoquitlamGorgeous, 3 level, Cape Cod style home w/almost 3000sqft on large 65 x 125 private w/lane access on quiet Roxham St,1 blk from Van Golf Club in Coq West. 5 bedrm, 3 bathrm family home fully renovated to high standard. Newer double windows, furnace, gourmet kitchen w/granite countertops, s/s appliances w/gas stove. Diningrm w/french doors out to sundeck & level grassy yard. Livingrm w/bay window & gas f/p. Refinished h/w floors. 2 bedrms on main & 4 pce bathrm. Upstairs offers 3 bedrms w/huge masterbdrm w/walk in closet. 4 pce bathrm w/jetted tub. 2 sets of laundry. Full bsmt w/Recroom & games room.
$1,078,800
9963 Rathburn Drive, BurnabyExecutive, large 3400 sqft 4 bedrm & den, 5 bathrms family home on quiet cul de sac street in N. Burnaby below Bby Mtn. Spacious w/over 1800sqft on main flr w/sunken familyrm off bright oak kitchen w/sliders to sundeck to sunny west facingyard backing onto private, forest greenbelt. Formal diningrm & sunken livingrm w/wood f/p. 3 bdrms up w/3 bathrms ensuites. Ground level offers foyer/den w/f/p, huge masterbdrm w/f/p & 6 pce ensuite, sauna, 3 pce bathrm, laundryrm & huge games/party room w/bar & sliders out to resort style cement pool yard. 5 f/ps. 6 yr old roof. Double garage.
1436 Pitt River Road, Port CoquitlamMove in condition, rare 1/2 duplex that is completely detached from other unit except for sundeck beam. Very spacious, 1806 sq ft, clean family home w/ 3 bedrooms, 2 bathrooms on main floor. Bright, open floor plan w/ livingrm wood f/p, sundeck offfront, diningrm & open kitchen. Skylight in main bathroom, masterbedroom w/2 pce ensuite bathroom & french doors out to huge cedar sundeck overlooking private yard w/lane access. Bsmt offers foyer, common laundryrm, separate entrance 1 bedrm mortgage helper suite & french doors out to lower patio. New hot water tank. Large 31 x 158 lot w/ lane.
$499,900
#202 - 2709 Victoria Street, VancouverDouble your pleasure & own this SPACIOUS 915 sqft 2 bedrm BRIGHT SE CORNER unit w/2 FULL bathrms, 2 BALCONIES & 2 SIDE-BY-SIDE parking stalls & storage locker! Recently updated w/ wood textured laminate flooring, freshly painted w/designer colors, newer light fixtures, H/E washer/dryer & main bath has newer van-ity, toilet & decorative wallpaper. Open layout w/ large kitchen, dining area alcove, cozy living rm w/ gas f/p & access to balcony. Huge masterbedroom w/walk-in closet, 4 pce ensuite & private balcony! VICTORIA COURT is a well run recently RAINSCREENED complex w/newer roof, balconies, energy star vinyl windows, patio doors & newly painted exterior.
Market is strong andit’s a Seller’s Market!
Don’t delay! Call us today for a personalized market evaluation of your home!
$189,900 $449,900 $1,298,000 $1,279,800
SOLD!SOLD! SOLD!SOLD!
SOLD OVER ASKING!SOLD OVER ASKING!
SOLD OVER ASKING!SOLD OVER ASKING!
SOLD OVER ASKING!SOLD OVER ASKING!
SO
LD
SO
LD
To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, fi nancing and comparative properties in your area.
Find your expert Real Estate professional right here in REW.ca!
LOOKING TO BUY OR SELL A HOME?OPEN HOUSE SUNDAY 1-4PM
6785 AUBREY ST.Custom built European home, Seller is the 2nd owner, purchased from original builder. Quality construction throughout. 8 Bedrooms, 6 baths, 10 car parking on large 60' x 122' level lot. Minutes to SFU, shopping, freeway and schools. Don't be deceived, drive by then call Agent to view the mortgage helper suites below. 4 wood burning fi replaces, huge cool room, workshop and double remote garage. Fully landscaped and fenced, quiet street, elementary school across the street. Hot water heating, entertainment size kitchen and family room for the larger family. Priced for quick sale. Allow 24 hours for all showings. Move in by Summers end.
PRICE REDUCED $1,688,800PRICE REDUCED $1,688,800
604-255-8779
FERNANDO MORETTI
REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 31, 2015 3•
Michael Langdon604-836-1300
DEXTER
ASSOCIATES
REALTY
MACPHEARSONWALK
$409,800
Park-like setting & close to all amenities.
201-5775 IRMIN ST.
www.dexterrealty.com
604-689-8226 Yaletown
604-336-3539 Main Street
604-263-1144 KerrisdaleTaking our
Listings Global
$458,000
GREAT NEW WESTMINSTER LOCATION - GREAT VIEWS
$458,000 2 Bdrm, 2 bathroom, excellent fl oor plan. 1,007 SF Recreation facilities and gar-den. 1 parking, 1 storage locker. Shown by appointment.
1803 - 39 SIXTH ST.Christine Wardle 604-263-1144
$219,000
PRACTICALLY PERFECT!Outstanding, up-to-date, reno-vated 737 sq.ft. 1 bdrm. Roomy, open plan with West exposure. Walk to skytrain, Lougheed Mall & Cameron Rec. Centre. Inves-tor Alert - no rental restrictions, 2 cats ok.905-9541 ERICKSON DR.Su-Marie Baird 604-263-1144
START THE CAR! CALL THE MOVERS!! This 1,450 sq.ft. townhouse is totally renovated. Two bedrooms, one and a half bathrooms. Large outdoor patio to sip your morning coffee. New stove & updated counter tops and backsplash in the kitchen. Beautiful laminate entrance and carpet throughout. Very close to shopping at Highgate and transportation. Please pass by for our fi rst open houses Sat & Sun, 2-4:30pm. 7445 13TH AVE.ESTHER TWERDOCHLIB604-689-8226
OPEN SAT 1-3PM
★ NEW PRICE
$298,000
TOP CORNER UNIT
Sunny, S.W. facing 2 bed/2 bath with 2 park-ing stalls. Gas fi replace, newer fl oor, partial view of New Westminster Quay. #401-211 TWELFTH ST.
THE GO TEAM
$299,000
Desirable courtyard-facing 2 bed/2 bath in Discovery Reach by BOSA. Walk to sky-train, shopping and more. 2 pets allowed.#408-211 TWELFTH ST.The Go Team
507-215 TWELFTH ST $238,000
TOP FLOOR OASIS
Discovery Reach by Bosa. Top fl oor unit with lots of updates. N.W. facing, open con-cept, parking, storage and more!
The Go Team
$432,500
SPACIOUSTOWNHOME
Spacious 3 bdrms, 3 baths, 3 level end unit townhouse, conveniently located minutes away from Coquitlam Town Centre, T & T Superstore, Recreation Center, City Hall, Library, parks, schools (incl Douglas College), transit and future Evergreen Line station. Newer roof, and gutters in this family oriented complex. Situated in a greenbelt, this home is ideal for young growing families, retirees, and investors. Hurry and call for a private showing before itʼs gone!28-1216 JOHNSON ST.
$289,000
GARDEN OASIS
2 bed / 2 bath elevated garden suite in Discov-ery Reach by BOSA. Pet friendly, parking, locker and close to all amenities. 204-215 TWELFTH ST.
The Go Team
$329,000
BURQUITLAM STATION
SEDONA, well maintained 2 bed / 2 bath concrete low rise in Burnaby/Co-quitlam border. Steps to all amenities including new Burquitlam skytrain station.204-522 SMITH AVE.
Phone now for a free market evaluation!www.kimwoodley.com * [email protected]
Kim Woodley604-657-9323
Helping you is what I do!
Prestigious Coquitlam West location! Extensively updated by professional builder! Contemporary, 3560 sqft, two level open fl oor plan boasts fi ve fullsized bedrooms, three full bathrooms, offi ce/media room with two bedroom self contained suite down. Garages galore! Double garage attached to home at front and off lane is an extra large detached garage with security system and toilet and sink. Extra are two new kitchens, two bathrooms, stainless steel KitchenAid appliances, gas range, radiant hot water heat thruout with Viessmann boiler, fi ve stations for network TV, and still more. All this on million dollar lot (73’x140’) or (10,220 sqft). Walk to buses, all schools, SFU, skytrain, shopping. This has it all. Don’t wait call now!
List Price $1,388,800
833 COTTONWOOD AVE.RARE FIND! Cul-de-sac, greenbelt, RS-1 (8,000 sf plus) lot. It doesn’t get any better! Proudly built by Foxridge Homes.This fi ve bedroom, offi ce, great room open fl oor plan with windows cascading onto private greenbelt lot offers all you need for contemporary living. Four bedrooms plus offi ce up and fully fi nished basement includes extra bedroom, bathroom and two games/recreation rooms. Potential for suite or 2 to 3 more bedrooms. Updated gourmet kitchen, fl ooring and painted thru-out. Close to golf courses, schools, transportation and shopping.
List Price $1,088,000
3253 PINEHURST PL
TWO LEGAL RT-1 LOTS. Already subdivided into two legal entities with nonconforming three-plex in middle of property. Three frontages, LeBleu, Alderson and lane with large garage on corner of one lot. The home has high revenue and is a solid, extremely well maintained investment property. The other option is to build - no subdivision necessary. Start building two homes (3 level) with garage and carriage home off lane. RT-3 potential also. For Information Package text Realtor.
List Price $1,599,000
231 LEBLEU ST.
SOLD! NEW!
NEW!Historic Port Moody character home is offered for sale, the fi rst time in over thirty-fi ve years. This fi ve bedroom, two bathroom family home exudes character and pride of ownership thru out. Ocean views from the private balcony off the master bedroom. Large partially covered deck off kitchen for year round BBQing and outdoor pleasure. Fenced yard with lane, double secure attached insulated garage and high end Cal Spa and gazebo setup. This is a one of a kind home. Walk to all rapid transit, shopping, restaurants, parks and recreation. Updated windows, brand new furnace, HWT and freshly painted. Call now!
List Price $899,900
2709 HENRY ST.
OPEN HOUSE AUG 1st 2 to 4 pmOPEN HOUSE AUG 1st 2 to 4 pm
NEW!
•4 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 31, 2015
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REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 31, 2015 5•
www.TsawwassenSprings.ca / [email protected] - 5099 Springs Boulevard, Tsawwassen V4M 0A2
Yvonne Lynch | Sarah Toigo Haley Chang | Jim Dawson
Sales Centre Open 12-5pm Tuesday-Sunday
604-948-4663 Regency Realty Ltd.
#205 – 5099 Springs BoulevardPrice: $879,900
• This 2 bedroom + den at 1555 SF is a prime corner suite at Tsawwassen Springs.
• This rare northwest corner suite fetches premium views of water, sunsets, mountains & golf course.
• Oversized north and west facing balconies allow maximum outdoor enjoyment.
• Includes large insuite storage space and open-concept kitchen & cozy great room with gas fi replace and MORE!
Most Popular Condo Plan#401 – 5055 Springs Boulevard
Price: $879,900• This spectacular 3 bedroom concrete condo boasts ultimate great room,
over 23’ wide! • Gourmet kitchen includes Fisher & Paykel stainless steel appliances, walnut
cabinets, quartz counter tops.• Easy transition from inside to out with 23 ft + wide south facing balcony—
great for entertaining!• Large laundry room, large master bedroom and walk in closet and spa like
ensuite. Comes with 2 parking stalls!!
3 Bdrm, South Facing Condo, 1655 SF#609-5055 Springs Boulevard
Price: $729,900• 2 bedroom + 2 bathroom• 1201 SF Condo in 6-storey Concrete Condo Building• Views of the Golf Course & North Shore Mountains• Penthouse inside corner unit • 15’ pop up ceiling • Gourmet kitchen with stainless steel appliances • Air conditioning
Penthouse Suite
#109-5055 Springs BoulevardPrice: $728,000
Ground Floor Suite, 1201 SF
5036 Cedar Springs DrivePrice: $1,989,900
Golf Course View House
1626 Birch Springs LanePrice: $818,800
Most Popular House Plan!
#106-5055 Springs BoulevardPrice: $749,900
2 Bedroom + Den, 1461 SF
#111-5055 Springs BoulevardPrice: $519,900
1 Bedroom + Den, 1053 SF
SOLDSOLD
SOLDSOLD
SOLDSOLD
SOLDSOLD
SOLDSOLD
Upgrade your lifestyle! Don’t miss the opportunity to own a beautiful Arts & Crafts home. These Houses and Condos offer all the benefi ts of living in a resort but with very little maintenance--worry free living at it’s best! All plans offer open concept layouts, stainless steel appliances, engineered hardwood fl oors, oversized covered patio, plumbed for a built-in outdoor heater & BBQ outlet, and every detail you want in a sunny Tsawwassen home, all on freehold land. Move in this summer!
5060 Cedar Springs Drive Price: $1,369,900
Golf Course View House
• 2 bedroom + den + fl ex,
3.5 bathroom
• Sunny south facing home
with gorgeous golf course
views
• 2094 SF, 2 level house
• Fisher and Paykel stainless
appliances — gas range!
1636 Fir Springs LanePrice: $939,900
Rancher Style House
• 2 bedroom + den + 2 bathroom
• Beautiful 1773 SF rancher
• Amazing sense of space with 10’ throughout + 11’ coffered ceilings in your great room
• Private backyard
• Enjoy morning sun
• Fisher and Paykel stainless appliances — gas range!
#409-5099 Springs BoulevardPrice: $839,900
Penthouse Suite
• 2 bedroom + den penthouse suite
• Vaulted ceilings to allow maximum sense of space & natural light
• Walk in closet & spa like ensuite
• White shaker cabinets and granite counters
• Fisher & Paykel appliances - gas range
• Golf Course & North Shore mountain views
• Air conditioning
5048 Cedar Springs DrivePrice: $1,409,900
Golf Course View House
• 2 bedroom + den + fl ex, 3.5 bathroom
• Sunny south facing home with gorgeous golf course views
• 2170 SF, 2 level house
• Fisher & paykel stainless steel appliances - gas range!
• Plumbed for a built-in outdoor heater & BBQ
• Oversized covered patio & view deck
JUST SOLD
JUST SOLD
NEW LISTING
NEW LISTING
PENDING
PENDING
•6 REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 31, 2015
Port Coquitlam Town HomesOpen House Sunday August 9th from 1 to 5
Contact:Satpal Kaur604-816-6150
Sketch of the projectSketch of the project not exactly as shownnot exactly as shown
PRICESSTARTINGAT
REW.ca » BURNABY / NEW WESTMINSTER » FRIDAY JULY 31, 2015 7•
CottAges from $199,900Open House 11am-4pm Daily
53480 BRIDAL FALLS ROAD, BRIDAL FALLS 604.745.4104
This is not an offering for sale. Such an offering can only be made with an information statement. E.&O.E.
DiscoverBridalFalls.com
ESCAPE FROM THE EVERYDAY, EVERY DAY.
DOWNSIZERS • RECREATIONAL BUYERS
3 BEDROOM TOWNHOMES FROM $669,900.Parkgate is one of the North Shore’s fi nest walkable neighbourhoods. Comprising of only sixteen
Built Green® townhomes, Parkgate is a rare opportunity to own at a price you can aff ord. Behind the
contemporary brownstone exterior, Parkgate is future designed, and detail engineered for the
ultimate in care-free living.
8 Designer appliances | Mitsubishi heat pump air conditioning system
Between Northlands and Mt. Seymour golf courses. Five min walk to Parkgate library and the village shopping.
Model home | Open daily noon - 6PM (except Tues & Wed) | 3508 Mt Seymour Parkway
Texor Homes (Parkgate) Inc. 245-9600 Cameron St Burnaby BC 604 422 8718. Prices do not include GST. Sales by disclosure statement. Broker: Red Dot Real Estate Marketing Ltd 604 209 3142. Realtor cooperation welcome.
3508 MT SEYMOUR PARKWAY
PA
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AV
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Stay cool in the North Shore’s only new townhomes with air-con.
sixteennine
Move
in th
is
Summ
er!
F R I D A Y , J U L Y 3 1 , 2 0 1 5BURNABY • NEW WESTMINSTER
Looking for a newhome? Start here.
R E A L E S T A T E W E E K L Y
I n P r i n t > O n l i n e > I t ’ s A l l H e r e
One of the most respected builders in the province, Marcon, is celebrating its 30th anniversary this year. It is fi tting then that Marcon unveil its newest project located in South Cambie - two low-rise red brick build-ings dubbed Park & Metro.
This collection of 73 one, two and three bedroom residences, ranging from 517 to 1,313 square feet, is located on a quiet residential street yet close to all of the urban amenities home buyers are looking for.
Ask any realtor to list the most important things a home should have and you are likely to hear: location, location, location. At Park & Metro, not only is it nestled in one of the city’s most coveted neighbourhoods and school catchments, it’s surrounded by parks, trails and athletic fi elds, and these homes are stunning.
Park & Metro’s interior fi nishes off er uncompromising attention to detail. The
one, two and three bedroom West Coast homes are distinguished by open interiors appointed with high quality, bright, spa-cious kitchens with Bosch stainless steel appliances, full-height pantry, Quartz coun-tertops, built-in microwave and generous size master bedrooms with room for a king size bed, and the comfort of air conditioning for every home.
“For those who love the outdoors, Park & Metro is close to Queen Elizabeth Park, Langara Golf Course and the North Arm Trail Greenway,” says Celia Chiu, Park & Metro Sales Manager. “With prices starting from $348,800, we are appealing to a large cross section of buyers.”
It’s the level of quality, features and fi n-ishes that is Marcon’s signature.
Since 1985, locally owned Marcon has stayed true to its mandate of consistently exceeding expectations, both before and
after homeowners receive the keys. Marcon’s trademark attention to detail
is unmistakable in Park & Metro; one need only take in the oversized patios, decks and terraces, parking and full size storage/bicycle lockers, and rain screen technology to know that this is a unique off ering.
Marcon has built a stellar reputation con-structing more than 8,900 quality homes across the province, but more importantly Marcon stands behind what they deliver with their Customer Care program.
“I don’t think anyone in the Lower Mainland can touch Marcon’s customer ser-vice department,” says Chiu. “Its compre-hensive service continues throughout the process and beyond.”
Since the Canada Line went in, this former sleepy enclave burst onto the scene as a cul-tural melting pot waiting to be discovered. It boasts a variety of upscale, bohemian and
chic boutiques, bakeries, bars and restau-rants. Then there’s Marine Gateway - soon to be home to a number of shops, cafes and restaurants, professional services, as well as a Steve Nash fi tness facility and an 11-screen Cineplex Theatre.
Don’t miss this opportunity to buy in South Cambie. Act fast as more than 70 per cent of the South building is sold and the North building has just been released. The Sale Centre and display home, located at 688 South West Marine Drive, Vancouver, is open daily (except Fridays) from noon to 5 p.m. For more information call 604-325-8111, email [email protected] or visit www.marcon.ca/parkandmetro. Estimated occupancy is Summer 2017.
Marcon celebrates 30 years withPARK & METRO
