Burnaby New Westminster Real Estate Review

Friday, October 28, 2011 NewsLeader A27

RE Lestate

REVIEW

presented by

This week’s feature ...

a heritage HOUSE at 312 Third Street, New West OPEN SATURDAY 2:30-4:30PM

For more information please contact Dave Vallee from ReMax at 604-526-2888

Check out this restored and mechanically updated 3 bedroom, 2 bathroom, 2104 square foot 1892 character home in the heart of Queens Park. Located on a beautiful, quiet, tree lined, cobblestone street just steps from Sullivan Park and close to schools, shops and skytrain. This charming home features fir, beech and tile floors, high ceilings, nice floor plan with generous room sizes. Living room has gas fireplace and hand painted ceiling mural. Sunken family room boasts a bay window and vaulted ceilings. An updated open kitchen eating area with newer appliances and formal dining room.

Newer full bathroom with Jacuzzi tub on main. 3 bedrooms and newer bathroom upstairs. Private backyard with newer fencing, large patio and nice landscaping front and back.

Also note: newer windows, electric, plumbing, crawl space, drainage upgrades, newer sewer and water lines, stamped concrete driveway and walkways, 60% of the siding has been redone & exterior repainted last year.

Priced at $809,900

Beautiful tile in the open kitchen

Wow! What a bathroom

BNWN111028_A 27

A cozy fireplace awaits you

10/27/11 1:50:59 PM

A28 NewsLeader Friday, October 28, 2011

More listings benefits buyers Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties

on the region’s Multiple Listing Service (MLS) reached 2,246 in September, a 1.2 per cent increase compared to the 2,220 sales in September 2010.

Those sales also rank as the third lowest total for September over the last 10 years.

“There’s more competition amongst home sellers in today’s market, providing more options for

Team Dave Vallee 604-526-2888 RE/MAX Advantage Realty (Each office independently owned and operated)

Visit our website for an online photo tour of our listings

Kellie Vallee

Karen Leong-Boswell

1

www.TeamDaveVallee.com Email: info@teamdavevallee.com

PLACE

New

RE/MAX Advantage Realty’s Top Sales Team of the Year 2003-2010

THIS WEEK’S

SOLD:

NEW LISTING

• #303 812 MILTON ST • #1601 14 BEGBIE ST • #902 739 PRINCESS • 223 JARDINE ST • #501 69 JAMIESON NEW LISTING

OPEN SUN 2:30-4:30

NEW Westm SLEA inster DER

NEW PRICE

OPEN SAT 2:30-4:30

OPEN SAT & SUN 2:30-4:30

#303 777 8th St $315,000

312 3rd St $809,900

1718 Nanaimo Street $815,000

WOW! Substantially reno’d, 2 bdrm, 975 sf, 3rd flr corner suite in “Moody Gardens” just across frm Moody Park & NWSS in Uptown New Westminster, close to recreation, shopping & transit. This bright & spacious immaculate suite has new paint & laminate flrs, crown moldings & baseboards throughout, updated kitch & bath, elec f/p, 2 wall mounted TV’s (negotiable) & much more! Bldg is well maint’d & managed & was rainscreed w/Hardiplank exterior in 2001. Super suite & great location!

Restored & mechanically updated 3 bdrm, 2 bth, 2104 sf 1892 character hme in the heart of Queens Park on beautiful, quiet, tree lined, cobblestone St just steps to Sullivan Park & close to schools, shops & skytrain. This charming home feats fir, beech & tile flrs, high ceilings, nice flr plan w/generous rm sizes, LR w/gas fp & hand painted ceiling mural, sunken family rm w/bay wndw & vaulted ceilings, updated open kitch/EA w/ newer applcs, formal DR, newer full bath w/Jacuzzi tub on main. 3 bdrms + newer bth up. Private backyard w/newer fencing, lrg patio & nice landscaping front & back, newer wndws, elec, plumbing, crawl space, drainage upgrades, newer sewer & water lines, stamped concrete driveway & walkways, 60% of the siding has been redone & exterior repainted last year.

Wonderful character hme in the West End. Built in 1946 + a fabulous addition added upstairs in 1999. Main flr feats 2 bds (one currently used as an office), spacious LR w/gas f/p & hrdwd fls, spacious white kitch w/tile flrs & newer applcs, dining area w/dble glass drs leading to sundeck w/hot tub & view of river & Alex Fraser Bridge. Up boasts a great open games/media rm, beautiful mstr bd w/ lots of wndws to take advantage of the view, large ensuite w/Jacuzzi tub & sep shower, WI closet w/ organizer & access to crawl space. Bsmnt is full height & fully fin’d w/2 bdrms, gas fp & separate entrance. Home has beaut wndws throughout, great lot w/ mature trees & Japanese grden in private fenced back yard, new roof & lane access.

Lot size: 55’ x 124’.

prospective buyers,” Rosario Setticasi, REBGV president said.”Buyers now have more properties to choose from and more time to make decisions compared to the spring season.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,680 in September, the third highest volume for September in 17 years. This represents a 20.1 per cent increase compared to September 2010 when 4,731 properties were listed for sale on the MLS and a 21.2 per cent increase compared to the 4,685 new listings reported in August 2011.

The number of properties listed for sale on the Greater Vancouver MLS system has increased each month since the beginning of the year. At 16,085, the total number of residential property listings on the MLS increased 4.6 per cent in September compared to August 2011 and rose 4.4 per cent compared to this time last year.

“Our sales-to-active-listing ratio currently sits at 14 per cent, which is the lowest it’s been this year.

Generally analysts say that a buyer’s market takes shape when the ratio dips to about 12 to 14%, or lower, for a sustained period of time,” Setticasi said.

The MLSLink Housing Price Index (HPI) benchmark price for all residential properties in Greater

Vancouver over the last 12 months has increased 8.8 per cent to $627,994 in September 2011 from $577,174 in September 2010.

Since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 0.5 per cent.

Sales of detached properties on the MLS in September 2011 reached 957, an increase of 10.5 per cent from the 866 detached sales recorded in September 2010, and a 32.8 per cent decrease from the 1,423 units sold in September 2009. The benchmark price for detached properties increased 13.4 per cent from September 2010 to $896,701.

Sales of apartment properties reached 922 in September 2011, a 5 per cent decrease compared to the 971 sales in September 2010, and a decrease of 38.1 per cent compared to the 1,489 sales in September 2009.

The benchmark price of an apartment property increased 4.4 per cent from September 2010 to $405,569.

Attached property sales in September 2011 totalled 367, a 4.2 per cent decrease compared to the 383 sales in September 2010, and a 43.3 per cent decrease from the 647 attached properties sold in September 2009.

Benchmark price of an attached unit increased 5.4 per cent between September 2010 and 2011 to $516,697.

The trends Burnaby attached

OPEN SUN 2:30-4:30

OPEN SAT 12:00-2:00

OPEN SAT 2:30-4:30

355 Hospital Street $665,000

#2 168 6th St $465,000

54 Courtney Cres $849,900

Beautifully decorated & maintained 30 year old, 4 bdrm, 2 ½ bath, 1898 sf home with awesome river view, vaulted ceilings in living room & dining room, 3 bdrms on main & 1 bdrm in-law suite in above ground basement. This immaculate home features newer energy efficient double windows, spacious deck & patio, 2 fireplaces, newer flooring & paint, oversized single garage + 2 open parking. Private back yard has grapes, patio, lawns & raised garden bed.

This home is a 10 and is just a short walk to skytrian, schools, parks & shopping.

Spacious 1713 sf, 3 bdrm + den/rec room, 3 level townhome in “Royal City Terrace”.

1st level features den/rec room, main floor has open kitchen with granite counters & laminate floors and opens to living room area, great family room or dining area adjoining the kitchen, balcony with SE views and the 3rd level features 3 bedroom with ensuite in the mstr bdrm. Complex is conveniently located with walking distance to both Uptown and Downtown New Westminster.

Beautifully maint’d 3400 sf, 3 lvl, 4 bdrms + den + 2 bths family hme in desirable Massey Heights area located on a beautiful quiet family oriented street across from Elementary school. This elegant home feats spacious room sizes, 4 bdrms + 2 bths on the top floor (master w/walk-in closet & ensuite), main floor feats LR w/French doors, wood burning f/p, lrg dining room, updated kitch (7 yrs ago), den w/gas f/p, and large partially covered deck. Bsmt has 2 large rec room, lots of storage, bthrm & older kitchen. Home also feats new roof, new water line in & newer furnace & HW tank, front door & paint. HOME SHOWS WELL! LOT SIZE 62.91 x 99.97.

OPEN SUN 12:00-2:00

OPEN SUN 12:00-2:00

#2001 612 6th St $419,900

#207 48 Richmond St $329,900

#302 18 Smokey Smith $319,900

Beautiful 20th floor SW, 2 bdrm, 2 bath, 1179 sf corner suite in the prestigious “Woodward” building with direct access to Mall in Uptown New Westminster. This immaculate suite features laminate floors, open floor plan, gas f/p, insuite lndry room, security system, SS fridge, lots of closets w organizers, spacious tiled deck.

Building is well maint’d & managed with great amenity/social room & exercise room. Lots of visitor’s parking & close to all Uptown amenities, transit, parks, schools etc. Flexible possession.

Beautifully decorated 2 bdrm 2 bath, 1157 sq ft Garden Suite w/ gorgeous River view in Fraserview close to parks, shopping, recreation and transit. This updated suite features laminate floors, energy efficient gas fireplace with designer mantel, in-floor heating throughout, insuite laundry, custom window coverings, oak kitchen w/ ceramic tile floors, large closets, open plan, large room sizes, new carpets and 4 piece ensuite in master bdrm. Building is well maintained and managed, rainscreened, 3 year old roof and refurbished hallways. Adult orientated 19+, pets allowed and no rentals.

Great west facing, 2 bdrm in award winning, Whistler style“Crofton”building near Queens Park. This wonderful unit features gas fireplace, insuite lndry with upgraded washer/dryer, kitchen w/ tile floors, maple cabinets and ceramic cooktop stove, newer laminate floors, newer paint & ceiling fan. Complex is well maintained & managed and is in an excellent location just steps to Queens Park, Canada Games Pool, transit & schools.

OPEN SAT & SUN 2:30-4:30

BNWN111028_A 28

Units listed is the number of homes listed for sale in that month.

Units sold is the number of homes sold in that month.

New West detached

Active listings is the number of homes listed for sale in that month plus the number of homes previously listed that haven’t sold yet.

Source: Real Estate Board of Greater Vancouver

10/27/11 1:51:00 PM

Friday, October 28, 2011 NewsLeader A29

A HIDDEN GEM! LARGE TOWNHOMES AND GARDEN SUITES NESTLED BESIDE A BEAUTIFUL PARK

L O V E T H E S PA C E . L I V E YO U R D R E A M .

Aviva on the Park is a rare find.

A limited collection of 36 townhomes and garden suites. Exceptionally spacious, high end finishes, private landscaped courtyard and many homes back onto Central Park with lovely views. The location is perfect, close to all that Shaughnessy Village has to offer. Port Coquitlam offers a walkable village like feel, yet it’s conveniently close to Vancouver and all the convenience it has to offer.

GARDEN SUITES FROM $220,437 AND TOWNHOMES FROM $380,627

NOW SELLING!

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River

Gates Park

Wilson Ave

Pitt River Rd.

y Hill Rd.

Coquitla

m

Ma r

Prices quoted exclusive of HST and subject to change without notice. E&OE.

Aviva on the Park #114–2110 Rowland Street Port Coquitlam BC V3C 0C2 778 285 7778 info@avivacentralpark.com

Shaughnessy

St

.

AVIVACENTRALPARK.COM OR CALL 778-285-7778

10/27/11 1:51:04 PM

A30 NewsLeader Friday, October 28, 2011

DEVELOPED BY

MARKETING & SALES BY

Burke Mountain, Coquitlam

Age

Price

Avondale - Coquitlam

Brand New

$829,900 (includes HST)

Richmond

Brand New

$2,017,198

Westside Vancouver

Brand New

$3,784,036

Burnaby

Brand New

$1,209,249

Take A Virtual Tour of Our Showhome

Lou

ghee

dH

wy

Coast Meridian Rd

Johnson St

Pine Way tree

Princeton Ave David Ave

Coquitlam Centre 7

Highland Drive

Single Family Home

A Signature Morningstar Community By Frederick T. Sale

7

Burke Mountain, Coquitlam

Lou

ghee

dH

wy

Coast Meridian Rd

Johnson St

Pine Way tree

BNWN111028_A 30

Princeton Ave David Ave

Coquitlam Centre 7

Highland Drive

10/27/11 1:51:10 PM

Friday, October 28, 2011 NewsLeader A31

CASSIA SALES OFFICE & SHOWHOMES

BNWN111028_A 31

10/27/11 1:51:14 PM