Burnaby New Westminster Real Estate Review

Page 1

Friday, December 2, 2011 NewsLeader A15

RE Lestate

REVIEW

presented by

This week’s feature ...

close to EVERYTHING at 407 290 Francis Way, New West OPEN HOUSE SUNDAY 2-4PM Make yourself at home at “The Grove”. Corner, top floor unit, 2 bedroom, 2 bathroom with unobstructed easterly views of the river and mountains from every room. Like new, meticulously maintained, open floor plan with laminate/tile floors and granite counters. Stainless steel appliances. Living room has vaulted ceilings and a warm electric fireplace. Master bedroom has private deck access, massive walk-in with shelving and 4 piece bathroom, also with granite counters. Generous size second bedroom has 12 foot ceilings, 3 piece second bathroom for guests. Balance of 2-5-10 warranty, 1 oversize parking stall. Rentals and pets ok, maintenance fees include hot water, and “The Boilerhouse” recreation facility with high end gym, library, media room. Walk to Canada Games Pool, Queens Park, transit and more.

For more information please contact Sandy or Lyle Longridge from Assist 2 Sell at 604-540-7253

What a kitchen!

Priced at $389,900

Living area features cozy fireplace.

Views and more views!

REGGIE TANZOLA 604 657 7101 RTANZOLA@RENNIE.COM RENNIE.COM/REGGIETANZOLA

THANK YOU BURNABY FOR VOTING ME YOUR #1 REALTOR* Reggie’s been Selling Real Estate since 1997 and is responsible for the sales of hundreds of homes and condos! He’s spent many years sharing his knowledge and experience with Buyers and Sellers of Homes and Condos just like yours. Reggie has a genuine passion for his business and it shows in his results!

I SELL HOMES JUST LIKE YOURS. *As voted by readers of the Burnaby Newsleader 2011

RENNIE.COM

A16 NewsLeader Friday, December 2, 2011

GVHBA renovation seminar attracts more than 300 people

Tips for getting you through the renovation Do you want to renovate your house, but find the whole idea a little intimidating? The Greater Vancouver Home Builders’ Association is on the case. Last week the GVHBA held a seminar meant to demystify the whole process. The seminar attracted over 300 attendees, and GVHBA President and CEO Peter Simpson says they went home ready to go on their projects. He says homeowners need to focus on four key words: get it in writing. Getting everything in writing means you’ll have proof in the event of a dispute. Spell it out on paper and the contractor will have a record of exactly what’s expected, and you will know exactly how much you’re going to pay. Another tip from the seminar is to avoid the underground economy. Homeowners who

take this route are placing themselves at risk by avoiding the safeguards that come with hiring a reputable contractor. You might save yourself some cash, but if something goes wrong you are completely unprotected. Are you going to live in the house during the reno? You’ll have to create a set of rules for the contractor – and your family – to live by. Can the workers use your bathrooms? How about playing music in the house? “All of these rules ... have to be determined up front in the contract,” Simpson says. He also recommends looking for Renomark-branded contractors, who have agreed to the GVHBA code of ethics as well as the RenoMark code of conduct, which mandates minimum standards for warranties, liability, insurance and safety.

Striking a chord with homebuyers

Heritage-style chic at Mosaic’s Foster by Kerry Vital

Entering Mosaic Homes’ newest development, Foster in West Coquitlam, feels like you’re walking into a chic heritage enclave, one that perhaps reminds you of days gone by when a classic red-brick exterior and Georgian architecture was the height of style. Seeing the high-end features and expansive floorplans, you might expect this beauty to come with an equally high-end price tag, perhaps one that keeps it out of reach for the typical first-time home buyer. You’d be wrong. “People are pleasantly surprised they can afford a home that looks this good,” says Mosaic’s Geoff Duyker. “I have never worked on a project that had so many (first-time home buyers) ... It’s really struck a chord with buyers.” Ranging between 607 and 994 square feet, the one-, two- and three-bedroom apartment homes feel spacious as soon as you walk in. Overheight 9’ ceilings and open floorplans combine for a fantastic sense of space. The two-bedroom floorplans are proving particularly popular. “These are the most effective two-

bedroom plans available,” says Duyker. “They give you the maximum possible benefit of space.” There is no shortage of beautiful features at Foster, including engineered laminate wood flooring throughout the living, dining and kitchen areas, and luxurious loop pile carpeting in the bedrooms and dens. Speaking of those kitchens, polished composite stone countertops and a glass tile backsplash are complemented by under-cabinet puck lighting and sophisticated Greenlam and lacquer cabinetry with polished chrome pulls. Stainless-steel appliances are standard, while the integral exposed shelving system (designed by Mosaic) is a serious work of genius. The bathrooms are a spa-like piece of paradise, with deep soaker tubs (also designed by Mosaic) and porcelain tiles on the floors and tub and shower surround. In a charming little touch, the shower includes a recessed pot light

that complements the pendant light fixture in polished chrome and white glass. However, the location has also become a big draw for buyers at Foster. Just a block away from the future Evergreen Line, owners will be surrounded by everything they could possibly need. Schools, recreation facilities, shopping and other amenities are all within easy reach at Foster. Foster held its grand opening in early

November, and within a week, over 100 of the 161 homes were sold. “It’s been quite remarkable,” says Duyker, adding that Mosaic’s reputation for building better homes has contributed to Foster’s popularity. Foster is now selling its third phase, and there is still a good selection of homes available, Duyker says. Homes start at $250,000. For more information visit www.mosaichomes. com/foster or call 604-936-9300.

“

People are pleasantly surprised they can afford a home that looks this good,” says Mosaic’s Geoff Duyker.

Submitted photos

Mosaic’s Foster features elegant red-brick Georgian architecture, above, and spacious living areas. With bedrooms built for relaxation, top, and gourmet kitchens with chic under-cabinet puck lighting, left, homeowners will be able to unwind in their own piece of paradise.

Friday, December 2, 2011 NewsLeader A17

see the value for yourself Single Family Home

Age

Price

Morningstar | Avondale - Coquitlam

Brand New

$859,900 (includes HST)

Compare with Richmond

Brand New

$1,984,872

Compare with Westside Vancouver

Brand New

$3,657,791

Compare with Burnaby

Brand New

$1,238,390

A Signature Morningstar Community By Frederick T. Sale

AMBERLEIGH COQUITLAM

SALES OFFICE NOW OPEN Marguerite Ave

Highland Drive

ay

BURKE MOUNTAIN

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Coast Meridian Rd

Johnson St

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Queenston Ave David Ave

Coquitlam Centre

7

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Noon -6pm Daily (Except Friday) Homes starting from

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$679,900 Including Tax & Grand Opening Incentives

3374 Highland Drive Coquitlam, BC

604.464.4440 | mstarhomes.com

A18 NewsLeader Friday, December 2, 2011

Final Release! Over 85% Sold!

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Act Now! Take Advantage of Our Discounted Pricing.

Move in Today. *Original

Price (Excl. HST)

New Price (Incl. HST)

HST Savings

Total Savings

609 sq ft

$204,900

$189,900

$9,387

$24,387

1 bed, 1 bath

591 sq ft

$189,900

$169,900

$8,398

$28,398

F

1 bed, 1 bath

591 sq ft

$199,900

$184,900

$9,140

$24,140

322

F

1 bed, 1 bath

591 sq ft

$220,900

$209,900

$10,375

$21,375

406

b2

2 bed, 2 bath

768 sq ft

$309,900

$299,900

$14,824

$24,824

Unit #

Floor Plan

Type

Size

l101

D

1 bed, 1 bath

l115

F

223

Priced from $169,900 Developer pays the HST Features include surprising views, some homes have 14' ceilings, and everyone can enjoy the luxurious amenity building and ďŹ tness centre. This is unparallel living with affordable pricing at The Brookland.

*Original price as of September 20, 2011 **Please ask for details

Incredible Savings & Selling Fast!!!!

**

778.395.3080 thebrookland.com

presentation centre & display home 13468 Gateway Drive, Surrey Open Daily 12 – 5pm (except fridays)

Friday, December 2, 2011 NewsLeader A19

SANDY LONGRIDGE

LYLE LONGRIDGE

BUYERS & SELLERS OPTIONS REALTY

Medallion Member, Top 5% of all real estate sales

Medallion Member,

Each ofďŹ ce independently owned & operated

CALL SANDY OR LYLE! 604-540-SALE (7253) Visit www.bcrealtyoptions.com for pics & details | 626-12th St., New Westminster NEW LISTING OPEN SUNDAY 2-4PM

NEW LISTING OPEN SUNDAY 2-4PM

OPEN SATURDAY 2-4PM

OPEN SATURDAY 2-4PM

#203 1011 4TH AVE, NW

#407 290 FRANCIS WAY, NW

#109-28 RICHMOND ST, NW

#2001-719 PRINCESS ST, NW

#5-1222 CAMERON ST, NW

NEW LISTING

.

SOLD..

S

SAVING S WITH ER! T L U S E R SELL TO THE

NEW PRICE $

$

245,000

389,900

Super Centrally located, Pet Friendly 2 bed/2bath, 972 sqft End Unit fully renovated condo! Beautifully updated kitchen w/Silestone counters, tile backsplash, new cabinets/under mount lighting/newer appl. & quality engineered hardwood oors!updated bathrooms, ooring, tile, sink, hardware, simply A MUST SEE! Huge living room/separate dining loaded w/windows which ood the home with natural sunlight. Enjoy South Eastern view & morning sunrise from deck. Convenient large in-suite laundry/ storage. 1 locker/1 parking stall. Heat & Hot water included in maintenance fee + building comes complete W/fantastic outdoor pool. Well maintained solid building, Recent NEW ROOF, Balconies & RePiped Plumbing! Steps to skytrain, shops, parks, college!! MLS V920213

$

479,000

Make yourself at home at “The Groveâ€?. Corner, top oor unit, 2 bed, 2 bath w/unobstructed easterly views of the river & mtns from every room. Like new, meticulously maintained, open oor plan with laminate/tile oors, granite counters. S/S appl. L/R has vaulted ceilings & warm electric F/P. Master bed has private deck access, massive walk-in with shelving and 4 piece bath, also w/granite counters.Generous size 2nd bed has 12 ft ceilings, 3 piece 2nd bath for guests. Balance of 2-5-10 warranty, 1 oversize parking stall.rentals ok, Maint fees incl.hot water, and “The Boilerhouseâ€? recreation facility with high end gym, library, media room... Walk to canada games Pool, Queens Park, transit and more.

Castleridge Executive 3 level townhome in Fraserview. Beautiful, quiet end unit w/ spectacular river views from 2 levels. Meticulously maintained featuring 3 beds,3 baths & huge rec room in bsmt. Laminate ooring on main w/ large L/R, bay window to take in river views, gas F/P & separate D/R. Open plan kitchen has family room & sliders to patio & garden w/ privacy new fencing. Master bedroom has vaulted ceilings, more stunning views, huge 5 pce ensuite w/separate shower, double sinks and soaker tub.Workshop area down, plenty of storage,B/I vacuum, new roof, wood siding!

MLS V920566

MLS V912019

#205-109 10TH STREET, NW

530 16TH STREET, NW

$

349,900

Wow, breathtaking views from every room of this 1 bedroom and den (2nd bedroom?) condo. Priced very close to BC Assessment Value & Like new! Meticulously maintained, nothing to do but move in, freshly painted, updated hardware, newer stove and lighting. Enjoy cooking/entertaining/views from your open kitchen with sit up bar for extra seating & extensive cupboard space. Huge living room has warm gas F/P & sliders to large balcony. Oversized windows allowing for beautiful natural sunlight add to the warmth of this particular unit. A secure, well managed building with caretaker, wheelchair access, exercise room, secure undergroung parking w/visitor parking. 1 parking stall, plus locker, literally steps to Royal City Center Mall, transit, Medical building, Moody Park, banks, restaurants, library and so much more! Quick possession available! No pets, no rentals. An opportunity not to be missed, call to view. MLS V916836

$

214,900

$

649,913

Team Assist2Sell sold our home with full MLS service and we only paid $3995! -R.&M.Lee.

• 5 bedroom, 4 bath • 4 year young 1/2 Duplex • 1 bedroom mortgage helper • Huge green space directly behind

#401 718 MAIN ST, VAN

#60 323 GOVERNORS CT, NW

$

MLS V919685

MLS V920720

$

389,900

• Rarely available • Completely updated • 1 bedroom • Central Uptown New Westminster • Modern open oor plan #108 8600 JONES RD, RICHMOND

$

549,900

225,000

• 1 bed , 1 bath • Great opportunity • Only 2 years young • High end ďŹ nishes • Huge covered patio

• Huge end unit • 4 level townhome • Spectacular river/mountain views • Private garden. • Wonderful neighbourhood

• Townhouse-style unit • outside entrance • extra large patio • one bedroom and 1 bath • Can rent for at least $1000/mo

MLS V918800

MLS V917860

MLS V917817

If you are thinking of selling, think of ASSIST2SELL...Your Full Service, Results with Savings Real Estate Agency!

d Luxury is Standard at Luxor! Included quartz throughout

•

spa inspired bathrooms • beauĆ&#x;ful ÄŽnishings PLUS Central to Everything!

OVER

65% SOLD!

PRESENTATION CENTRE: 6398-120th Street, Surrey Corner of ScoĆŠ Rd & 64th Ave OPEN: Monday to Thursday 1-6pm, Weekends & Holidays 12-5pm ScoĆŠ Rd.

15 min. to YVR Airport & 15 min. to US Border

64th Ave. 58th Ave.

Hwy. 99

Own for as liĆŠle as

199,900 643/mo.

$ Íł

To Vancouver

Priced from

To US Border

Ć&#x;onal Specials

Ć&#x;

OWN TODAY

REGISTER NOW!

www.luxor-living.com

PRICED FROM $199,900 SPECIAL FINANCING PACKAGES AVAILABLE AMBER TOPAZ OPAL ONYX SABLE CITRINE SAPHIRE LAPIS

$

REGISTER NOW!

www.luxor-living.com

604-590-8003 MARKETING AND SALES BY:

*Subject to change without noĆ&#x;ce. Limited Ć&#x;me oÄŤer, see sales staÄŤ for details. This is not an oÄŤering for sale. Any such oÄŤering can only be made with a disclosure statement. E.&O.E.

1 bedroom 9 remaining from $199,000 1 bedroom + den 12 remaining from $224,900 MARKETING AND SALES BY: 2 bedroom Only 3 remaining from $294,900 Solon Bucholtz 2 bedroom Only 3 remaining from $275,900 Royal LePage *Subject to change without noĆ&#x;ce. Limited Ć&#x;me oÄŤer, see sales staÄŤ for details. This is not an 2oÄŤering bedroom $279,900 for sale. Any such oÄŤering Only can only 2 beremaining made with a disclosure from statement. E.&O.E. WolstencroĹŒ Realty 3 bedroom SOLD OUT4=::=E CA =< BE7BB3@ . inute 4=::=E CA =< 4/130==9 . last m avings :cf]` 6][Sa 3 bedroom SOLD OUTbeWbbS` Q][ Zcf]`ZWdW\U Solon Bucholtz 2s Royal LePage pre 201 3 bedroom SOLD OUT WolstencroĹŒ Realty

604-590-8003

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A20 NewsLeader Friday, December 2, 2011

Real estate needs clarity on HST transition Greater Vancouver Real Estate Board

There is no real estate bubble in Vancouver but, according to a panel of speakers at a recent Vancouver Board of Trade event, a lack of clear transitional rules leading up to the return of the provincial sales tax is having a negative effect on the real estate industry.

That was the message delivered by the panel of three real estate industry experts, including the Board’s President-Elect Eugen Klein, to a packed house at the board Bubble Trouble event in October at the Fairmont Hotel in Vancouver. Other panelists included Ward McAllister, president of Ledingham McAllister Properties, and

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

www.TeamDaveVallee.com

1

Email: info@teamdavevallee.com

PLACE

New

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

THIS WEEK’S

SOLD:

NEW Westm SLEA inster DER

• #1005 612 5TH AVE • #1402 739 PRINCESS • #302 720 8TH AVE

NEW LISTING

OPEN SAT & SUN 2:00-4:00

OPEN SAT 12:00-2:00

OPEN SAT 2:30-4:30

6655 Strathmore Ave $838,000

#207 48 Richmond St $329,900

#2 168 6th St $455,000

Substantially renovated, bright & spacious, 4 bdrm, 2 bath, 2000 sf, 1955 bungalow on nice quiet street in Highgate close to transit, shopping, new library & upcoming new aquatic & community centre. This beautiful home features hardwood floors, 2 wood burning f/p, 2 new baths, newer kitchen, newer exterior stucco, new double wndws, newer back deck, fenced yard, oversized single garage, high fully fin’d bsmt w/suite potential, security system, big 50’ x 111’ lot. Home shows very well.

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.

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.

Richard Wozny, of Site Economics Ltd. The panel was moderated by David Podmore, CEO of Concert Properties Ltd. Each of the speakers presented information that helped to set the overall picture of what they consider to be a solid overall market that is not in the midst of a bubble. But they directed their strongest comments towards the impact that the lack of transitional rules is having on the market right now. “Potential buyers, especially the under-25 group, are sitting on the sidelines,” said Klein. “It’s also affecting home renovation projects with HST on them because consumers don’t know what to do.” McAllister was the most vocal in his criticisms, noting that he and his company have been “literally begging” the provincial government for transitional rules since the results of the referendum to repeal the HST were announced. “What is amazing to me is that it took the government three days to bring this new tax in and now they are telling us it is going to take up to 18 months to unravel,” said McAllister. “This is really hurting us in the new home business just because of the uncertainty.”

Both Klein and McAllister noted that they are seeing developers taking on a portion, or even all, of the HST on their product to try and remove that uncertainty for potential buyers. Other information provided by the speakers suggested that the Metro Vancouver real estate market is healthy and stable. Wozny forecasted that low interest rates will hold steady into the foreseeable future, which will translate into continuing sales, and McAllister highlighted immigration data that shows that approximately 52,700 immigrants will move to British Columbia in 2011. Of that total, some 42,000 will move into the Metro Vancouver area, meaning that the need for new housing will remain strong. Klein pointed to steady residential sales driven by high-end property demand in Richmond, West Vancouver and the west side of Vancouver. He also updated major commercial projects that will add approximately ¿ve million square feet of retail space and 1.5 million square feet of of¿ce space to Metro Vancouver by 2015. “Putting the residential and commercial real estate sectors in perspective, the Lower Mainland remains a very desirable place to live and work,” said Klein.

We’re having another

CUSTOMER APPRECIATION DAY Tuesday, December 6

OPEN SAT 2:30-4:30

OPEN SUN 12:00-2:00

OPEN SUN 12:00-2:00

#303 777 8th St $315,000

#107 620 8th Ave $199,900

#302 18 Smokey Smith $309,900

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!

Beautifully maintained & updated, 1 bdrm garden suite on quiet cooler side of building facing greenbelt in the well maintained & managed “Doncaster” in Uptown New Westminster just steps to parks, schools, shopping, transit & Uptown amenities. This lovely suite has newer laminate floors, new paint & light fixtures, updates to kitchen & bath, large rooms sizes, insuite storage, master bdrm w/walk in closet. Low maintenance fees include heat & hot water. Cats ok. No rental allowed.

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 SUN 2:30-4:30

20% OFF

ALL

REGULARLY PRICED MERCHANDISE

t! Thanks for all of the suppor

589 6th Street, New Westminster 604.527.0500 www.simplyhealth.ca

Toсno on Sale! WINTER SPECIALS

OPEN SUN 2:30-4:30

FROM

836 Burnaby St $709,900

#402 715 Royal Ave $229,900

312 3rd St $789,900

Awesome River & Mtn views, quiet family friendly street, extensively remodelled, 3 bdrms, 3 baths, 1906 sf, 1948 character bungalow featuring updated kitchen & baths, hardwood floors, multi-level view deck, fenced yard, double garage, new siding, updated electrical & plumbing, gas fp, double windows & fenced backyard. LOT: 49.66 x 102’.

Nicely updated top floor corner, 2 bdrm, 758 sf suite just steps to Douglas College, Sktrain, NW Quay & new downtown shopping complex w/stores & 10 cinemas opening soon. This bright & spacious suite has been recently updated with laminate & slate floors, updated kitchen & bath, large covered balcony, newer applcs, light fixtures, paint & wndw coverings. Pets & rentals ok. Complex has new roof, boiler & HW tanks.

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.

$110/NIGHT RAINFOREST, TREEHOUSE OR BEACHFRONT MODERN LOG CABINS Private Hot Tubs | Wood Fireplaces | Full Kitchens CHECK OUR WEBSITE TO VIEW OUR CABINS AND GROUNDS!

WWW.CRYSTALCOVE.CA

Family oriented, pet friendly resort located on Mackenzie beach , 5 minutes from Tofino.

1-877-725-4213

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