VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

12
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! VANCOUVER EASTSIDE FRIDAY, APRIL 17, 2015 info@rew.ca • 604-435-7977 REAL ESTATE WEEKLY M etro Vancouverites are head- ing to the polls – or, in this case, their nearest post box – as mail-in voting continues for the emotion- ally charged Transportation and Transit Plebiscite – aka “the congestion tax”. Although the question is how to fund transit improvements, the debate has rapidly become about whether people believe TransLink should be trusted with more funds. Many issues like impact on housing affordability have been largely ignored. Even getting both sides to agree on how much the new tax would cost has proved impossible. “Yes” supporters say the 0.5 per cent sales tax will take $125 per year out of the average household’s pocket. “No” supporters say it will be more than double that amount – $258 per year. Property Purchasing Power So what’s the tax’s impact on abil- ity to purchase a home – especially for cash-strapped first time buyers? The new tax will reduce income and therefore bor- rowing power – no matter which side’s estimate is correct. “At today’s mortgage rates of 2.69 per cent, if we take the higher estimate of $258, it would reduce a person’s home buying power approximately $5,400,” says Mark Belling, CEO of Fifth Avenue Real Estate Marketing. He stresses, however, this is more than offset by the costs savings of living close to regular, reliable transit. For the rapidly expanding demograph- ic of urbanites who embrace a carless lifestyle, transit also opens the possibil- ity of an immediate bottom line benefit. “The average parking stall costs $25,000 to $30,000,” notes Robert Grimm, principal of Portrait Homes. “That could mean the difference between a studio or being able to afford a one- bedroom home.” Will New Transit Push Up House Prices? Over the long term, most industry watchers agree housing prices will con- tinue to rise throughout Metro Vancouver due to its geographical constraints. And there are precedents to suggest they rise more rapidly when improved transit arrives. According to an Urban Analytics report commissioned by the Onni Group just after the Canada Line was built, land values along the Cambie Corridor rose 19 per cent in the months leading up to completion. They climbed an additional 14 per cent in the first six months of oper- ation – a 33 per cent increase in one year. The Evergreen Effect Further east, where the Evergreen Line is under construction, the Tri-Cities have shown steady but more moderate price increases, according to the Real Estate Board of Greater Vancouver. The rapid spike in prices many predicted would accompany the new SkyTrain line has failed to materialize. What has occurred is a construction boom that’s highlighting neighbourhoods like Burquitlam as a more desirable place to live. Howard Steiss, principal at Texor Homes, notes many buyers are attracted to the greater bang for their buck that’s possible when transit makes commuting easier. Although the new tax would add to the cost of construction materials, David Podmore, chairman and CEO of Concert Properties, points out this may not be as severe as it appears. “The higher density we see around transit nodes like Marine Gateway, Metrotown or Brentwood allows more efficient land use – which means devel- opers have the cost savings associated with economy of scale,” he says. What about Immigrant and Offshore Buyers? Overseas and immigrant buyers con- sider proximity to transit a must have. “Offshore markets are light years ahead of us in the way they look at transit,” says Bill Szeto, president of Otezs Project Marketing. “In any major Asian or European city, transit is the dominant way people move around.” However, Rolf Neufeld, managing director of credit structuring with Bank of Montreal, believes the vote will have little long-term impact. “Vancouver land values are going to keep rising regard- less,” he says. “And there will be some transit improvements even if the vote is no.” So while Metro Vancouver awaits the results of the transit vote, Szeto makes a final comment. “Even 15 or 20 years ago, people asked why anyone would want to live next to the SkyTrain… now they ask why wouldn’t you want to live there?” How the Transit Vote Affects Home Buyers and Property Values GO TO REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE Vancouver ʼ s Residential Building Permits Up 56%: StatCan Listing on your Home Sale Expired? How to Get It Sold Vancouver ʼ s Boomer Luxury Home Buyers Increasingly Urban: Survey

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Since 1978 Real Estate Weekly has been synonymous with outstanding coverage of the Greater Vancouver residential real estate market. Today, published with recycled newsprint from its own high-speed presses in Vancouver, Real Estate Weekly is delivered by British Columbia's largest courier force to over 450,000 homes across the Lower Mainland. A total of 11 separate editions comprise the Real Estate Weekly, each featuring homes for sale, new developments and quality editorial coverage of the housing industry and the communities. Real Estate Weekly, quite simply, lists more homes for sale from more Realtors than any other publication in British Columbia. Real Estate Weekly is the number one source for Lower Mainland residential real estate and the first choice of both homebuyers and Realtors for more than three decades.

Transcript of VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

Page 1: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

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!

VANCOUVER EASTSIDE FRIDAY, APRIL 17, [email protected] • 604-435-7977

R E A L E S T A T E W E E K L Y

Metro Vancouverites are head-ing to the polls – or, in this case, their nearest post box – as

mail-in voting continues for the emotion-ally charged Transportation and Transit Plebiscite – aka “the congestion tax”.

Although the question is how to fund transit improvements, the debate has rapidly become about whether people believe TransLink should be trusted with more funds. Many issues like impact on housing aff ordability have been largely ignored.

Even getting both sides to agree on how much the new tax would cost has proved impossible. “Yes” supporters say the 0.5 per cent sales tax will take $125 per year out of the average household’s pocket. “No” supporters say it will be more than double that amount – $258 per year.

Property Purchasing PowerSo what’s the tax’s impact on abil-

ity to purchase a home – especially for cash-strapped fi rst time buyers? The new tax will reduce income and therefore bor-rowing power – no matter which side’s estimate is correct.

“At today’s mortgage rates of 2.69 per

cent, if we take the higher estimate of $258, it would reduce a person’s home buying power approximately $5,400,” says Mark Belling, CEO of Fifth Avenue Real Estate Marketing.

He stresses, however, this is more than off set by the costs savings of living close to regular, reliable transit.

For the rapidly expanding demograph-ic of urbanites who embrace a carless lifestyle, transit also opens the possibil-ity of an immediate bottom line benefi t.

“The average parking stall costs $25,000 to $30,000,” notes Robert Grimm, principal of Portrait Homes. “That could mean the diff erence between a studio or being able to aff ord a one-bedroom home.”

Will New Transit Push Up House Prices?

Over the long term, most industry watchers agree housing prices will con-tinue to rise throughout Metro Vancouver due to its geographical constraints. And there are precedents to suggest they rise more rapidly when improved transit arrives.

According to an Urban Analytics report commissioned by the Onni Group just

after the Canada Line was built, land values along the Cambie Corridor rose 19 per cent in the months leading up to completion. They climbed an additional 14 per cent in the fi rst six months of oper-ation – a 33 per cent increase in one year.

The Evergreen EffectFurther east, where the Evergreen Line

is under construction, the Tri-Cities have shown steady but more moderate price increases, according to the Real Estate Board of Greater Vancouver. The rapid spike in prices many predicted would accompany the new SkyTrain line has failed to materialize.

What has occurred is a construction boom that’s highlighting neighbourhoods like Burquitlam as a more desirable place to live. Howard Steiss, principal at Texor Homes, notes many buyers are attracted to the greater bang for their buck that’s possible when transit makes commuting easier.

Although the new tax would add to the cost of construction materials, David Podmore, chairman and CEO of Concert Properties, points out this may not be as severe as it appears.

“The higher density we see around

transit nodes like Marine Gateway, Metrotown or Brentwood allows more effi cient land use – which means devel-opers have the cost savings associated with economy of scale,” he says.

What about Immigrant and Offshore Buyers?

Overseas and immigrant buyers con-sider proximity to transit a must have. “Off shore markets are light years ahead of us in the way they look at transit,” says Bill Szeto, president of Otezs Project Marketing. “In any major Asian or European city, transit is the dominant way people move around.”

However, Rolf Neufeld, managing director of credit structuring with Bank of Montreal, believes the vote will have little long-term impact. “Vancouver land values are going to keep rising regard-less,” he says. “And there will be some transit improvements even if the vote is no.”

So while Metro Vancouver awaits the results of the transit vote, Szeto makes a fi nal comment. “Even 15 or 20 years ago, people asked why anyone would want to live next to the SkyTrain… now they ask why wouldn’t you want to live there?”

How the Transit Vote Affects Home Buyers and Property Values

GO TOREW.CA /NEWS

TO READ THESE STORIESAND MUCH MORE REAL ESTATE

NEWS AND ADVICE

Vancouverʼs Residential Building Permits Up 56%:

StatCan

Listing on your Home Sale Expired? How to

Get It Sold

Vancouverʼs Boomer Luxury Home Buyers

Increasingly Urban: Survey

Page 2: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

•2 REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015

CALL US FOR A FREE HOME EVALUATION www.vancouver-homes-on-sale.com

JIN BAGRYJIN BAGRY604-644-0495604-644-0495

SAM BAGRYSAM BAGRY604-761-1664604-761-1664

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2606 E. 34TH AVE.• 7 bdrms, 4 1/2 baths, 3,222 sf home• Corner lot (Norquay Village)• Land value only, potential for rezoning• Potential land assembly

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LOT 8,775 SF6977 KILLARNEY ST.

• 7 bdrm house over 4,000 sf. 6 baths• 700 sq.ft., 1 bdrm laneway house• Theater room, top line appls., jetted tub• Wok kitchen. 2-5-10 NHW

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JUST LISTED $469,000

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NEW LISTING $788,000

LOT 53x130

2 NEW HOMES COMING SOON1325 E. 41ST

2 level with laneway home

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HOUSES DUPLEX TRIPLEX 4PLEX 5PLEX 6+ UNITS APARTMENT BUILDINGS DEV SITES

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7 Unit Multifamily Building!• 1X2 Bdrm, 2X1 Bdrm, 4 Bach• All Suites Legal, Licensed• 3870 SF, Lots of Character• Separate Electrical Meters• High Ceilings, Dishwashers• Decks, Storage, Shared Laundry• Cool Suites, Great Location• Professionally Managed• Inc $76,020/yr, Cap Rate 3.97%• Investors, Owner-Occupants• Steps to Commercial Drive• Asking $1,588,000

LEGAL7 UNITS!

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BRAND NEW CAMBIE/CITY HALL TOWNHOME

315 WEST 16TH AVE - V1115989315 WEST 16TH AVE - V1115989

Cambie/City Hall Location!• Brand New Townhome• Heritage Exterior• Georgie Award Builder• 1650 SF on 2 Levels• 3 Bdrms, Den, 2.5 Baths• Open Plan, 9’ Ceilings• Great Kitchen & Familyroom• Large Deck & Private Yard• Secure, Single Car Garage• Cambie and Main Shopping• 2-5-10 New Home Warranty• NEW PRICE $1,598,000

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Bungalow on Large Lot!• Main Street Neighbourhood• 2 Bdrm Bungalow with Suite• Single Garage at Rear• Additional 2 Open Parking• 41’x121.8’ RS-1 West Lot• Build Dream Home and• Room for Laneway House• Awesome Location, Schools• Shopping, Transportation• Owner-Occupiers, Builders• Hold or Develop Now• Asking $1,318,000

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Page 3: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015 3•

Top New Home Construction AwardTop New Home Construction Award

BALDEV SANDHU 604-880-9571www.BaldevSSandhu.com DaveSandhu@royalpacifi c.com

JULIANA HO 778-869-9688www.JulianaHo.com [email protected]

MASTERDiamond Master

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Top 1% President Club Award of All Realtors in Real Estate Board of Greater Vancouver.Top 1% President Club Award of All Realtors in Real Estate Board of Greater Vancouver.

Vancouver East, CollingwoodSide by Side Duplex - Under Construction

5613 Rhodes St. Vancouver1/2 DUPLEX each $1,098,000- Convenient location

close to all, school, shopping and public transit

- Under construction, top quality build approx. 2000 square feet in 3 storeys

- Granite countertop, Engineered hardwood floor, HRV system, Radiant Heat

- 3 bedrooms and den, and 2 bedroom suite in basement with separate entry, 2 kitchens, living room, 4 bathrooms

Vancouver East, Killarney ~ 3 storey plus LWH under construction 2770 E. 46 Ave.

- Great location in the Killarney district on a quiet street

- Walking distance to community centre,school and public transit

- Top quality build 3 storey, 2580 sf house plus 650 sf Lane Way House

- Family room, dining room, 5 baths & 3 kitchens

- 3 bedrooms up and 3 bedrooms down (1+2 bedrooms suite)- Granite counter top, engineered hardwood floor, maple wood cabinets- Inter-telecom, HRV system, heating exchanger,- Beautiful landscaping and fenced garden

NEW LISTING $1,650,000

Vancouver East, KillarneyPresale, Build to Suit2118 Waverley Ave.

$1,628,000- Sought after location in prime Killarney area

- 3 storey, 2550 sf main house and 550 sf Lane Way House- Top qualilty build, high

efficiency heating system, radiant heat, HRV

- Granite countertops, maple wood kitchen cabinets- 3 bedrms up, living rm, dining rm, kitchen on main floor- 3 bedrms (2 suites) in basement with separate entrance, kitchen- 2 bedroom suite in Lane Way House- Buyer to provide own floor plan and colour choice is welcome

NEW LISTING

Vancouver East, Collingwood -Side by Side 1/2 Duplex

2838 Horley St. - Each unit $1,108,000- Great location in

Collingwood area.- A Side by Side 1/2

Duplex under construction is coming soon

- 3 storey spacious 1900 sf unit build with a great floor plan and advanced technology

- 3 bedrooms up, living room, family room and kitchen at main floor, 2 bedroom suite in bsmt

- Granite countertop, engineering hardwood floor, kitchen cabinets, Radiant heat & HRV system, high efficient heating system

Vancouver East, Collingwood - Front & Back Duplex, Under Construction 2756 Ward St., Vancouver

1/2 DUPLEXeach $798,000

incl. GST

- Convenient location close to all, school, shopping and public transit

- Under construction, top quality build1200 square feet in 3 storeys

- Granite counter top, engineered hardwood floor, HRV system, radiant heat

- 3 bedrooms and den, 2 kitchens, living room, 4 bathrooms

NEW LISTING

Vancouver East ~ Upper unit apartment307 - 3319 Kingsway

- Convenient location at Collingwood close to all; shopping, transit and skytrain

- South facing unit on the quiet side North of Kingsway

- A lovely 587 square feet one bedroom suite plus den, kitchen, bathroom, in suite laundry.

- To enjoy gorgeous mountain view

NEW LISTING $268,000

Burnaby South, Metrotown ~ Apartment220-5788 Sidley St., Burnaby

- A stunning award winning "Mcpherson Walk North" community in sought after South Burnaby, Metrotown area

- 2 years new apartment, by walking dist to Royal Oak skytrain station, Metrotown, Sec. School, BCIT

- 9 feet high ceiling, s/s appliances, insuite laundry, granite countertops, underground parking

- Clubhouse amenity, fitness room, gardening for enjoyment

NEW LISTING $277,000

NEW LISTING

Vancouver East, CollingwoodSide by Side 1/2 Duplex - Under Construction

2359 E. 41 Ave., Vancouver$1,078,000- Great location in

Collingwood area- A Side by Side 1/2 Duplex

under construction is coming soon

- 3-storey spacious 1975 sf unit built with a great floor plan and advanced technology

- 3 bedrooms up, living room, family room and kitchen on main floor, two bedroom suite in basement

- Granite counter top, engineered hardwood floor, kitchen cabinets

- Radient heat & HRV system, high efficiency

heating system

• 308 SALES AWARDS SINCE 1984 • REBGV LIFE MEMBER WESTCOAST

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www. .com

53 Sales so far in 2015!

OUTSTANDING AGENT ... OUTSTANDING RESULTS

POCO LIVE/WORK ECC CENTRE1103 CONFEDERATION DRIVE

$1,168,000 Established 17-year EARLY CHILDCARE CENTRE in Citadel Heights, a young family neigh-bourhood requiring good daycare facility. Building has 5329 sq ̓ of which 3690 sq ̓ is for SCHOOL & 1639 sq ̓up for LIVING QUAR-TERS. 5635 SQ ̓ CORNER LOT provides plenty of parking. RUN YOUR OWN CHILDCARE BUSI-NESS & PAY YOUR OWN MORT-GAGE INSTEAD OF RENT. Zoned residential. HUGE BARGAIN WITH BUSINESS INCLUDED.

“UNO” IN MOUNT PLEASANT$438,800

511-328 E. 11TH AVENUEQUIET NORTHWEST FACING 730 sq ̓ 1-bedroom + den. Enjoy mountain & city skyline views from your balcony. OPEN CONCEPT LAYOUT wastes no space. Corian countertops, gas range & BIG IS-LAND IN BRIGHT OPEN KITCHEN. Bamboo hard-wood fl ooring thru-out. Insuite storage & pantry. Walking distance to shopping, restaurants & recre-ation centre. PET FRIENDLY BUILDING. RENTALS FULLY ALLOWED. One secured parking stall.

FUNCTIONAL 1-BEDROOM$239,800

108-5189 GASTON STREET“MCGREGOR”, concrete tower at Collingwood. Spacious 590 sq ̓1-bedroom suite with 320 sq ̓LARGE PATIO on ground fl oor. EAST FACING FUNCTIONAL FLOOR PLAN. 9 ̓ceiling, insuite laundry & one secured parking stall. STEPS TO JOYCE SKYTRAIN STATION. Close to all ame-nities. BEST INVESTMENT FOR STARTER.

Vaune Kolber604-506-7534

[email protected]

DEXTER

ASSOCIATESREALTY

850 Peterson Rd. $1,049,000

LIVE BETTER ON BOWEN TODAY!A short commute from Vancouver, Bowen Island is the oasis youʼve been longing for while still having access to the best of city life. Indulge in the natural beauty of your private 2.25 acres. Revel in the panoramic SE views from this 3,040 sq.ft., 4 bedroom hillside home. Huge artist studio/family room/in-law suite. Live your dream now!

www.dexterrealty.com

604-689-8226 Yaletown

604-336-3539 Main Street

604-263-1144 KerrisdaleTaking our

Listings Global

DON’T MISS THIS GREAT PROPERTY!$238,888 1 bdrm apartment, centrally

located! No rental or pet restrictions. The property you have been looking for at a price you canʼt beat. Donʼt miss out!

204-1055 E. Broadway Ave.

Tyrone Robinson 604-689-8226

Page 4: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

•4 REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015

“Your East Vancouver Real Estate Experts!”Personal Real Estate Corporation

L i s a M a c I n t o s h Te a m - D e x t e r A s s o c i a t e s R e a l t yMedallion Club - Top 10% of Realtors in Greater Vancouver

Photos & Visual Tours at: www.lisamacintosh.comEmail: [email protected] Tel: 604-263-1144

COMMERCIAL DRIVE FULLY RENOVATED CHARACTER HOME

$1,599,000

Featured in the 2013 Heritage House Tour- this one is a show-stop-per! Featuring original character elements including gleaming inlaid oak & fi r fl ring, original woodwork, w/b fi replace with built-ins and a claw foot tub. On the main level is a large living room, an entertain-erʼs dining room and gourmet kitchen with 5 burner stove. The gar-den level suite has been architecturally designed - potential rent of $1800/month. Lots of future potential in this wonderful family home. 1517 KITCHENER ST.

SUPER CUTE HASTINGS SUNRISE BUNGALOW$999,900 Charming home with inlaid oak

fl oors,gas f/p,large principal rooms & wonderful fl ow from the house to the outdoors. This property is a true gardenerʼs de-light. Packed full with perennial garden beds & featuring a fully organic veggie garden. Updated mechanically-including high ef-fi ciency furnace, double glazed windows & newer roof. Fabu-lous garden level suite with the perfect tenants that would love to stay. Close to the restaurants & shopping that Hastings Sun-rise offers. 2662 ADANAC ST.

CITY HALL - 1 YEAR OLD!$1,298,900 Stunning duplex-style town-

home in City Hall/Cambie lo-cation. Less than 1 year old, this 1363 sq ft 3 bdrm, 2.5 bathroom home has it all. In-fl oor radiant heat, 9 ft ceilings, h/w fl ooring, Chefʼs kitchen, S/S appliances, wine fridge & entertainerʼs island. Modern design with open concept lay-out. Loads of windows. 2-5-10 warranty (still under 1st year of warranty). Lives like a du-plex with private garage, and exclusive use of a large front & backyard. No strata fee/NO GST! #1-138 W.13TH AVE.

COMMERCIAL DRIVE - TOP FLOOR$299,000 Wow - Top fl oor, North facing

with vaulted 12 foot ceilings & skylights! This home has amazing VIEWS! This home is nicely updated & very well laid out. Large bedroom, open concept living & dining area with a cozy gas fi replace. Great building - well managed & with a nice community feel. Very pet-friendly. Currently rented at $1400/month with great tenants. Could be a great investment property or even the perfect “pied-a-terre”! #310-1516 CHARLES ST.

SLEEK & MODERN DESIGN$515,000 2bdrm corner unit with stunning reno-

vations & fl oor to ceiling windows maximize the light & the VIEWS! Completely renovated top to bot-tom. Gourmet kitchen, with all new stainless steel appliances & granite counter tops. This home has it all-2 large bdrms, the master w/ensuite, tons of storage & in-suite laundry. En-joy summer evenings on your wrap around NW deck-perfect for BBQing. Fantastic fl oor plan with open con-cept living, an expansive living room & only 4 units per fl oor. Great building w/updated plumbing, roof & elevator. Maintenance fees include heat & ca-ble. It has its own social room, gym & sauna. Fabulous location across from Victoria Park, Lonsdale Quay & tran-sit close by. #404-140 E.KEITH RD.

FABULOUS WATER VIEWS$369,900 Million Dollar Views for under

$370,000. Impeccably reno-vated spacious 2 bdrm apart-ment with water views of Bur-rard Inlet and the North Shore mountains. Renovations fea-turing; hardwood fl oors, gran-ite counters, new cabinets and tiling throughout kitchen and bathroom. You will love the qui-et in-suite Bosch washer and dryer. Enjoy the community and accessibility of Hastings Sunrise with Donaldʼs market and two of Vancouverʼs best microbreweries within walking distance. #202-2240 WALL ST.

GORGEOUS CRAFTSMAN CHARACTER$1,749,900 Absolutely stunning 1912

Craftsman character home with spectacular VIEWS. Sit-ting majestically on its 50ʼ x 123ʼ lot w/9 bdrms & 5 bthrms - this home was a show stopper on last yearʼs Heritage House tour. As you enter the house, you are wowed by the origi-nal wood cornices, panelled walls, built-in cabinetry, gleam-ing inlaid oak fl oors & original stained glass. Once a B & B, this home now offers an addi-tional 2 bdrm suite & bachelor suite (combined rent of $2740/month). 2616 TRINITY ST.

Page 5: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015 5•

Dublin's Castle Neighbourhood Grill - One of the fi nest pub restaurants in New Westminster has just been sold by Leonardo Di Francesco. • Large Patio • Seats 100 people

PUB

SOLD IN 1 DAY 101-319 Governors Court, New Westminster

• 44,000 sqft • C2 zoning• 20,000 sqft building operating as a church• Great development opportunity• Asking $14,000,000

7271 Gilley Ave., Burnaby

SOLD - 1 DAY ON MARKET• 2 bedroom/2 bathroom• Top fl oor corner unit • 1000 sqft

401-1655 Grant St.,Port Coquitlam

SOLD

Wow, clean Home with 3 bedroom up and two bedroom down on a large corner lot with a wrap around deck house has excellent potential lots of parking, parking for RV very quiet low traffi c residential area, roof is approximately two years oldwith warranty. Home has natural gas connection perfect for summer barbecues.Great development opportunity. $419,000

12224 Greenwell St., Maple Ridge

Wow. 66 x 144 ft lot on the best quiet street in Capitol Hill, sweeping views of the ocean towards Indian Arm, Belcarra and the North Shore Mountains. You can touch the N Shore Mountains. Property backs onto green belt & trails going down to water front. Home is rented. Please allow 24 HR notice. $1,399,000

5645 Highfi eld Dr.,Burnaby

Top Producer Over 2,000 homes sold in 29 years! Life Time Achiever

The Residential Realtor for Burnaby and VancouverThe Residential Realtor for Burnaby and Vancouverwww.difrancesco.ca www.churchrealtors.com

Ramnik Dhaliwal778.239.0952

Roger Johal604.833.5162

7547 Cambie St., Vancouver, B.C. V5S 1J9

[email protected] [email protected]

Inspect, Build or Sellwe have got you covered

2826 Adanac St.,Vancouver

* Build to suit new house * App. 40 x 108 lot* RS-1 Zoning* $1.05 mil

Including Commission

3015 East 14th Ave.,Vancouver

* Build to Suit * $1.1 Million plus $700,000

construction cost totaling $1.8 Million for brand new house and laneway

* App 49 x 116 lot - RS1 Zoning - close to all amenities

3339 East 26th Ave.* RS1 ZONING * APP. 33 X 100 LOT SIZE* 3 LEVEL HOUSE + LANEWAY* 2278 SQFT. + LANEWAY* BUILT TO SUIT* $1,499,000 INCLUDING GST * TO BE COMPLETED BY

JUNE 15, 2015.

6981 Balmoral Street,Vancouver

* Build to suit new house * App. 32 x 107 lot

after subdivision* RS-1 Zoning * Can build 2 level +

laneway house & also one 3 level + laneway

* $880,000 for the lot

3422 Triumph St.,Vancouver

* Water view Estate with view from each fl oor!

* Liveable house with lane * App. 48 x 122 * RS-1 Zoning * Build app. 4,100 SF +

Laneway house* $1,150,000 lot and

existing house

808 West 69th Ave.,Vancouver

* Build side by side duplex – two strata duplexes Assemble with next door and go multi-family!

* App. 36 x 105* RT-2 Zoning* $1,249,000

3508 Malta Ave.

* 41 x 110 Corner Lot

* 3200 sq.ft. House

* 3 level plus laneway house

* New appliances

* 2,5,10 warranty

5286 Clarendon St.,Vancouver

* Build to suit new duplex* App. 33 x 104 with lane* RM-7 Zoning* Build back and front strata

duplexes* 1,287 Sq.Ft each side

1875 SE Marine Dr. Vancouver* 68.4’x171’ lot - over 1/4 acre * $1,329,000* 3182 sq.ft. livable house* Build to suit or will sell outright

5455 Slocan St.* 50’ x 104’ lot * RT-11* Side x side brand new duplex* 3 storey * 2000 sq. ft. each side* Approved plan construction

to begin in March* Presale build to Suit

Only One Side Left at $968,000!

2424 – 2412 Franklin St.* Nanaimo + Hastings * $3,300,000* 99’x122’ RM5 land assembly in Grandview.* Plan up to 10 STOREY Building to be built.

SOLDSOLDfor $1,250,000for $1,250,000

One side of the duplex

One side of the duplex

SOLDSOLD for for $978,000$978,000

Vancouver Special

Vancouver Special

UNDER CONSTRUCTION

UNDER CONSTRUCTION

Brand New House

Brand New House

SOLDSOLD

3081 East 4th Ave.,Vancouver

* Build to suit new house* App. 36 x 126 lot* RS-1 Zoning* $1,739,000 Inc GST &

Laneway House

BUILDINGBUILDINGLOTLOT

903 East Broadway,Vancouver

* 66 x 122 Lot size * RM-4 Zoning* Corner of St. Catherine St* 8 townhouses DP (Development Permit)

approved and paid for $3,400,000 Total land with existing houses

* BUILD TO SUIT SAVE GST BUY ONE OR MORE TOWNHOUSES (NOT BUILDING LOTS)

BUILDINGBUILDINGLOTLOT

SOLDSOLD

2005

Sutton Centre Realty

VIDA BJELICA(604) 619-6263

ERNIE FERNS(604) 760-1558

7739 115th StreetCome view this Vancouver West Side

quality style custom built home. 9 bedrooms, 7 bathrooms, & much more.

Open plan design, close to schoolsand all amenities.

Please call: Vida Bjelica 604-619-6263 Ernie Ferns 604-760-1558

NEW LISTING NORTH DELTA

Craig NewsholmeCell 604-219-4100

[email protected]

Kelly AndersonCell [email protected]

kellyanderson.ca

sutton group westcoast (cambie)

New Listing$999,000

6415 Chester St.Welcome home to this charming 5 bedroom character home near the vibrant Fraser street shopping corridor. This home features 3 bed-rooms & a bathroom on the top fl oor. The main fl oor has a bright West facing kitchen a large dining/living room & a master bedroom. The level lot is a gardeners paradise & comes complete with a pond & a detached 359 SF garage. See you at the Open House Sat April 18th & Sunday, April 19th, 2-4pm.

Page 6: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

•6 REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015

www.normflockhart.com

NORM FLOCKHART(604) 261-7275

12 Year Member of MLS Medallion Club

PREC

$999,000

SOLID 3 BR FAMILY HOME! DUPLEX-ZONED LOT!1957 3 Br. home w/double windows & hardwood fl oors on Main fl r. Fully fi nished 1 Br Basement. Sunny deck overlooks a fully-fenced backyard. 33ʼ x 138.5ʼ RT-10N zoned lot. On #25 bus route to UBC & 2 ALRT stations. 1316 E King Edward Ave.

SOLDSOLD

Get a great rate and a helping hand.

Members Get ItTM

Mortgages

Members get more with Members Get It Mortgages. You’ll get a great rate and you won’t have to choose between your mortgage and saving. That’s because you’ll get $1,000 in Help Extras™ to put towards an investment like an RRSP or Tax-Free Savings Account.3 Then when it’s time to renew, more Help Extras will be on the way.

For more information, call 1.888.517.7000, visit us online, or a Mobile Mortgage Pro can come to you.

1. Closed, residential first mortgages only. Interest rate and approval based on risk profile. Additional fees may apply. If fees apply, the Annual Percentage Rate (APR) could increase. Rates subject to change without notice. 2. Initial interest rate and APR, compounded monthly. 3. Some conditions apply for Help Extras. Contact us for details.

HOUSE FOR SALE $615,000 1153 Yarmouth Street, Port Coquitlam 4 bed, 2,152 sqft.This well maintained immaculate home in a family friendly neighbourhood has been beautifully renovated with maple HW flrs, custom millwork, updated baths & a gorgeous deck in the backyard where you can enjoy the summer days. In the kitchen, granite C/T & an under mounted sink have been added. The basement includes a kitchen, living room, bed & bath with its own separate entrance. The functional open layout would appeal to first time home buyers, young families or downsizers. Easy access to Hwy for commuting.

rennie.com

EXPERT Tri-City living �

GORDANA PLEMIC 604.230.6635 • [email protected]/gordanaplemic

THIS COMMUNICATION IS NOT INTENDED TO CAUSE OR INDUCE BREACH OF ANY EXISTING AGENCY AGREEMENTS E. & O.E.

TRI-CITY REAL ESTATE EXPERT

community supporterIt is important to have a professional looking out for your best interests in the purchase and sale of a home. Whether you’re buying your first home, moving up, downsizing, or looking for an investment, allow me to assist you through the process, provide the guidance and help you make the right decisions in finding a perfect home. Considering listing? I use an array of marketing tools to bring in the maximum number of buyers to sell your home at the best possible price.

JUST SOLD!

New Listings Direct to Your Inbox

GET YOUR FREE PROPERTY ALERTS

CERTIFIED & LICENSED HOME INSPECTION SERVICES

YOUR TRUSTED HOME INSPECTION SPECIALIST778-808-8844

WWW.INSPECTIONSWEST.CA

We See What YouDon’t See!Inspections West

Page 7: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015 7•

www.vancouverres idence.com

LORNE GOLDMAN604.263.1911

lorne@vancouverres idence.com*as of May 6, 2014

Personal Real Estate Corporationrporation

Over 35 years of proven results and consistently in the top 1% of the real estate industry.Lorne Goldman ranked #3 in Sales according to the Real Estate Board of Greater Vancouver.*

Page 8: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

•8 REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015

Two Bedrooms from $269,900In Beautiful South Surrey.

OWN FROM

$ 889 A M

ONTH!*

*Available for a limited time only. See sales staff for details.

AT H A R VA R D G A R D E N S

Discover South Surrey’s best value at Elgin House by Polygon.

Located in the landmark masterplanned community of

Harvard Gardens, enjoy the best of urban convenience with

boutique shops, large retailers, restaurants, golf and top schools –

all just moments away.

Two bedrooms priced from $269,900

3323 151st Street, South Surrey

Open Noon to 6pm daily (except Friday)

604.541.8092 [email protected]

Page 9: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015 9•

REGISTER AT

OWN FROM

$732 PER MONTH*

MurrayvilleHouse.com

FREEDOWNSIZINGESSENTIALS EVENT

TUESDAY APRIL 28 6:30PMLimited seats. Register Today:

MurrayvilleHouse.com or call 604 371 3963

BONUS: FREE DOWNSIZING BOOK FOR ATTENDEES

COME SEE SUSAN & HEATHER OF GOOD RIDDANCE PROFESSIONAL ORGANIZING SOLUTIONS. AS SEEN ON GLOBAL TV, CBC & JOY TV

52 Ave 52 Ave

N

SALES CENTRE 220-230 22196 50TH AVE, LANGLEY

Murrayville House is an exclusive boutique collection of ninety-two, 1 & 2 bedroom homes, many with dens situated in the best location of Langley, Upper Murrayville. Every detail is thoughtfully designed, from the elegant exterior and lush landscaping to the quality fixtures and superior level of finishing. Each home has a bright and inviting open layout. Kitchens feature quartz counter tops, white or wood shaker cabinetry, porcelain or marble backsplash, stainless steel appliances, beautiful quality flooring throughout entry, kitchen, dining & living area. Plus oversized balconies perfect for entertaining. Proudly built by The Newmark Group.

*The monthly price of $732 is based on Plan A $224,900 + 3.2% GST = $232,096.80 with a down payment of 20% ($46,419.36) at a fixed rate of 2.49%. Prices may vary depending on interest rate.

Renderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer reserves the right in its discretion to make changes to the floor plans, project design, appliances, specification and features. This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.

FOLLOW USMurrayvilleHouse

MARKETED BYDEVELOPED BY SALES BY

MurrayvilleHouse.comVince Pontaletta778.808.6563

REGISTER ONLINE FOR MORE INFORMATIONFOR MORE INFORMATION CALL

MAKE IT YOUR HOME. MAKE IT YOUR COMMUNITY.

NOW SELLINGSALES CENTRE OPEN DAILY

12pm-5pm (except Friday)

Page 10: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

•10 REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015

1708–55A STREET AT 18 AVENUE, TSAWWASSEN

CITYHOMESNORTHGATE.CA | 604.948.2345

DISTINCTIVE DESIGN. 1,2,3 LEVEL HOMES WITH YOUR OWN STREET LEVEL ENTRY

A rare find in sunny Tsawwassen, CityHomes offer the perfect blend of condo and townhome living. Private entries mean no communal hallways. The variety of spacious open floor plans offers plenty of choice. Secure underground parking and no maintenance complete the lock-and-go lifestyle.

REGISTER NOW

OPEN SPRING 2015

Page 11: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

REW.ca » VANCOUVER EASTSIDE » FRIDAY APRIL 17, 2015 11•

THIS IS YOUR FIRST CHANCE TO OWN IN VANCOUVER’S LAST WATERFRONT NEIGHBOURHOOD!

One Town Centre is a rare, complete community

with everything you need to live well just steps from

home—a grocery store, café, bank, restaurant, shops and

CLUB CENTRAL, a private fitness and aquatic centre. This is

your first chance to be part of River District, Vancouver’s last

and largest waterfront neighbourhood, with over a mile

of shoreline and 25 acres of open, public green space.

It’s completely incredible.

Prices are subject to change without notice. This is not an offering for sale. One can only be made by way of a disclosure statement. E.&O.E.

SALES CENTRE AND DISPLAY SUITE ARE OPEN BY APPOINTMENT ONLY

3302 NORTH ARM AVE (at the foot of kinross)

[email protected]

RIVERDISTRICT.CA

EVERYTHING YOU NEED. JUST STEPS FROM HOME.

GRAND OPENING MAY 23CALL NOW FOR A PRIVATE APPOINTMENT

RIVER DISTRICTSALES CENTRE

SE MARINE DRIVEKERR

STR

EET

SE MARINE DRIVE

MARINE WAY

N FRASER WAY

BOUN

DA

RY R

OA

D

KIN

ROSS

ST

VANCOUVERBURNABY

1 BEDS FROM $269,9002 BEDS FROM $399,900

Page 12: VANCOUVER EASTSIDE Apr 17, 2015 Real Estate Weekly

F R I D A Y , A P R I L 1 7 , 2 0 1 5VANCOUVER EASTSIDE

R E A L E S T A T E W E E K L Y

Looking for a newhome? Start here.

I n P r i n t > O n l i n e > I t ’ s A l l H e r e

There’s a new project coming soon that

is set to change the way people think

about Tsawwassen living. Century Group

introduces CityHomes, a boutique-style

masterplanned community off ering dis-

tinctive homes that are similar to town-

house living. Instead of going into a lobby

and sharing communal hallways to reach

your home, these one-, two- and three-

level residences, ranging from 700 to

1,900 square feet, all feature their own

private entry.

“This is a whole new and exciting style

of living,” says Doug Lucier, marketing

and sales manager, Sutton Group Seafair

Realty.

CityHomes is a stunning collection of 41

low-rise West Coast-style character resi-

dences showcased by natural stone, stuc-

co, HardiePlank accents and fully land-

scaped yards and communal courtyard.

Nestled along a tree-lined street,

CityHomes fi t seamlessly into a quiet com-

munity in the heart of sunny Tsawwassen.

The exclusive design off ers the perfect

blend of urban and rural living. Minutes

from your new home, you’ll love the life-

style and sense of community that comes

with having fabulous boutique shopping

and services at your doorstep.

Each open-concept home comes com-

plete with its own secure underground

parking stall and minimal maintenance to

worry about.

“Many of the three-bedroom homes will

have two parking stalls,” adds Lucier.

Inside, the homes promise fi nishes

that will inspire. From the luxurious hard-

wood fl ooring to the nine-foot ceilings and

lofts, to the gourmet inspired kitchens

with quartz countertops and Energy Star

KitchenAid stainless steel gourmet appli-

ance package and stunning soft-close cabi-

netry, everything speaks to sophisticated

and elegant living.

“Right now, choose from two profession-

ally designed colour palettes – Sandcastle

and Beach,” says Lucier, adding that some

of the patios or decks are perfect for enter-

taining family and friends.

Living at CityHomes puts you in the

middle of everything. Located in thriving

heart of Tsawwassen, where small town

life still exists with friendly people and

a charming downtown core, CityHomes

greets you with a walkable neighbourhood

close to protected parklands, recreational

activities, walking and cycling paths.

Shopping and dining is handy too, just

a short drive away. Everything is on your

doorstep, including being only a short

drive to the ferries. Meanwhile, you are

only 20-minute drive from Vancouver

International Airport, half an hour from

downtown Vancouver and for shoppers

bound for Bellingham and Seattle, the US

border is just 30 minutes to the south.

Direct access to transit and the highway

takes away some of the stress of daily

commuting.

For those passionate golfers, there are

fi ve golf courses within a very short dis-

tance away.

CityHomes comes to you from award-

winning Century Group. For more than fi ve

decades, Century Group has become syn-

onymous with creating neighbourhoods

that people want to live, work and play

in. Defi ned by walkable streets connected

to natural landscapes, the developer is

renowned for communities that off er the

best in lifestyles for today’s busy urban-

ites.

With all that CityHomes has going for it

and with prices for a two-bedroom start-

ing from under $360,000, the best part of

CityHomes is calling it home!

CITYHOMES OFFERSLUXURIOUS AND DISTINCTIVE Tsawwassen Living

The CityHomes presentation centre and two fully decorated display homes, located at 1708–55A Street (at 18 Avenue) Delta, will open in May. For more information or to register, call 604-948-2345, email [email protected] or visit www.cityhomesnorthgate.ca. Tentative occupancy is slated for fall of 2015.