Richmond Review Real Estate Guide
Lower Mainland still recording higher housing starts
Sales still strong despite HST repeal What does the repeal of the harmonized sales tax mean for homebuyers? Will the industry grind to a halt while people wait for the end of “the Hated Sales Tax”? Not according to Cristy Edmonds, VicePresident of Marketing for Fifth Avenue Marketing, who has noticed a huge jump in sales at Barber Creek Development’s Edgewater in South Surrey. “People are still moving forward,” she says. “For homes under $525,000, the difference between PST and HST is so minimal.” In fact, people who wait to buy a home under $525,000 will only save two per cent. “Are you going to put off (the purchase) to save two per cent? No,” Edmonds says. “We have done over 100 sales since the HST died,” she says. “Now is the time to buy.”
The harmonized sales tax was voted down by a referendum in August. At the time of the referendum, Greater Vancouver Homebuilders’ Association CEO Peter Simpson was concerned about the effect that the removal of the HST would have on home sales and renovation projects, saying that this would lower revenue for contractors. This has proven true in some areas. According to Simpson, builders in smaller centres like Kelowna who build two or three large homes a year are having trouble selling because consumers aren’t sure if they should wait to buy until the HST goes away. “The Lower Mainland is the only region in B.C. that is recording higher housing starts,” Simpson says. “Every other area is going the other way.”
‘There are no bad views’
Celadon an impressive sight in Coquitlam by Kerry Vital
The community of Windsor Gate in Coquitlam will soon welcome its newest addition, Celadon by Polygon Homes. The 27-storey tower is just minutes from Coquitlam Centre, and will feature exterior details such as custom metal grillwork and brick cladding. The architecture is inspired by the distinctive style of Frank Lloyd Wright, with sleek expanses of glass and an over-height lobby that will feature a beautiful stained glass panel that is currently on display in the presentation centre. Surrounded by the early phases of the community, you won’t have to go far to find everything you could possibly need. Past developments at Windsor Gate include Larkin House, Roycroft and Kensal Walk. “You get all the benefits of a masterplanned community,” says Polygon Vice-President of Marketing Goldie Alam. “It’s really feeling special here right now.” One of the most exciting things about Celadon is the huge amount of natural light that every suite will feature. It’s apparent from the show suite that the large windows and airy floorplans are tailor-made to harness every drop of sunlight, even in the sometimes-rainy Lower Mainland. Homeowners will never get tired of what is outside their window. “There are no bad views,” Alam says. You’ll be able to savour that view on your own private deck, standard in every home. The space is perfect for
“
It’s a quiet little enclave. I don’t think you can get the value anywhere else,” says Polygon Vice-President of Marketing Goldie Alam.
a morning cup of coffee or a relaxing afternoon with a good book. The high-quality finishings that Polyon is known for are sprinkled everywhere. From the natural imported marble countertops and backsplashes in the bathrooms to the sleek undercabinet lighting in the kitchens, no detail has been overlooked. Impressive gourmet kitchens include smooth stone countertops, flat-panel custom cabinetry and large-format
porcelain tile flooring. Stainless-steel appliances are standard in every home, and a full-height glass tile backsplash contributes to the feeling of modern elegance. Plush nylon carpeting is featured throughout the living areas, which perfectly fits with whichever one of the three available colour schemes you choose. The ceilings are over eight feet tall (eight feet in the kitchen), meaning you’ll never feel cramped or squashed in any room. Your ensuite bathroom is made for luxury, with a soaker tub standard in every home and oversized vanity mirrors lit by recessed lighting. The cabinets are built to appear to float above the floor, and are complemented by polished chrome hardware. Even the doors are spectacular, with sliding or swinging patio doors onto the balcony and a contemporary solid wood entrance door that is outfitted with polished chrome hardware. More than 40 of the 187 twobedroom homes were sold over the continued on page 2
Martin Knowles photos
Sales manager Grace Lim Franklin, right, tells a prospective buyer about all of the features at Celadon, including the spacious master bedrooms, top, and the thoughtful design details such as the stained glass window in the lobby of the Frank Lloyd Wright-inspired building, left.
2
New Local Home November 4, 2011
…off the front: “You get all the benefits of a master-planned community. It’s really feeling special here right now.” Goldie Alam. continued from page 1
opening weekend, and since then the number has reached over 70. Suites range from approximately 758 to 1,002 square feet. Residents at Celadon will have access to a meeting room, lounge and a fitness studio, as well as Windsor Gate’s amenities building, the Nakoma Club. This 18,000-square-foot building holds a gym, screening room and an outdoor pool, as well as a meeting room and a basketball court. A resident concierge will be on site and available to help with your every need.
At Windsor Gate, you are just minutes from all types of amenities, including shopping, schools, transit and restaurants, so you won’t need to venture far outside of the community. Owners will receive a year’s worth of one-zone transit passes when they purchase their home. “It’s the best location in Coquitlam,” Alam says. “It’s a quiet little enclave. I don’t think you can get the value anywhere else.” Homes at Celadon start at $324,900. For more information visit www.polyhomes.com/ community/celadon–apartments–coquitlam or call 604-552-7744.
Martin Knowles photos
The Nakoma Club at Windsor Gate includes a screening room, top right, and a meeting room that residents can rent out, right. Other amenities in the building include a fitness facility, outdoor pool and an indoor basketball court.
see the value for yourself Single Family Home
Age
Morningstar | Avondale - Coquitlam
Brand New
$829,900 (includes HST)
Compare with Richmond
Brand New
$2,017,198
Compare with Westside Vancouver
Brand New
$3,784,036
Compare with Burnaby
Brand New
$1,209,249
A Signature Morningstar Community By Frederick T. Sale
AMBERLEIGH COQUITLAM
Price
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sq ft
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sq ft
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Prices subject to change without notice. The developer reserves the right to make changes to the information contained herein. E.&O.E.
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D L SO D L SO
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Osterley Park! Quiet adult complex mplex mpl exx 16+. 3 bdrms, b r s, 2.55 baths, ba bath impecpe cable landscaped grounds lead add thee w wayy too 160 1600 sf of llux luxuri luxurious luxurio space. Newer kitchen w/ Meritit cupboards cuupboards pboards & ccenter terr island island. la H H/W W floo oorss throughout the main, gas F/P! New New windows w ndows dows & screens. reens. n Go Gorgeous ge us southwest private back yard, gr great reeat at fo for eentertaining! ert n ng! Full siz ssizee la laundry auundry room, tons of storage, masterr bd bdrm drm m has walk-in wa k-in closet c w with full ensuite bath. Award winning clubhouse se wit with th indoo indoor ppool, hot tub, billiard, etc.
#101 & #212-10220 2-10220 RYAN RD STORNOWAY 2 BDRM
TWO 2 BDRM’S SOLD ,1 Totally a y renovated ally renov renovated bea beautiful tiful ul 2 be bedr bedroom om un unit in in popular Stornoway. Everything fr from counrom om m new w kitc kitchen cabinets, binets, e gr granite co cou coun nters, quality laminate floors, casings, caasings, cas sings, ngs, moldings, molding new ew low flow toilets, toile toilets toil s, smoothed out ceilings & 1 2 bdrm inside drm m best bestt price ins ns e unit nit in i very v good g d condition!. Rec facility plus 2 pools (salt/chlorine). (sa (ssalt/c alt/chlorine). /chlorine). orine). Adult dult ult oriented n 119 yyrs +. No pets or rentals. Quick possession ion onn possible. ib M Maint.incl.water/sewer nt ncl.water l water/sewe sewer utility utilit ut
Please call Randy Larsen at 778-840-2650
rome B
Sells Homes Life Member
FRED
20 Years
Brome
604-277-8787 fred@fredbrome.com BROME’S BEST BUY West Richmond Quiet Street 3 bedroom home close to Diefenbaker Elementary. Beautiful shape! 10457 Canso Crescent MLS V904099 Asking $795,000
Westcoast
CANTERBURY COURT 930 Sq.Ft. 2 bedrooms & 2 baths New flooring, paint, appliances, kitchen, bathrooms. It’s all done! Not on main road for quiet. 207-7471 Blundell. MLS V915920 Asking $299,000
WATERFRONT LIVING $899,000 Marina Garden Estates waterfront in Ladner. 4 bedrooms & Games. 5329 Windjammer Rd. MLS V911484 Asking $899,000
4 + GAMES Beautiful updated family home. Best location in West Richmond 4851 Lancelot Drive MLS V913731 Asking $1.198,000
RIVER’S REACH IN STEVESTON Bright 2 bedroom and den garden unit. 107-5700 Andrews Road, MLS V906581 Asking $419,900
5 BEDROOMS & GAMES ROOM 3100 Sq.Ft. Gracious family home. 10611 McLennan Place. MLS V903658 Asking $898,000
www.fredbrome.com
Bob Schmitz W E S T M A R
604.908.2045 www.bobschmitz.net
1011 CATALINA CRES. OFFERED AT $667,000 Life really begins on the park. This stunning & cozy 3 bdrm one level home has been completely remodeled from the studs out. It’s a great deal bigger than it appears from the outside. Quality living right on the park in safe & affordable Burkeville. Wide open floor plan w/ beautiful H/W floors throughout. Gourmet kitchen that is a show stopper w/ S/S appliances & granite. 3 good sized bdrms & the master has a luxury ensuite. Truly nothing to improve on w/ this home. From the roof & electrical to the plumbing, it’s like stepping into a brand new home but having the amazing comfort, coziness, & look of the 1940’s era home that it is. Big fully fenced/landscaped corner lot. Quaint, convenient & safe. See Virtual Tour.
• OPEN SUN. 2 - 4PM •
220 WELLINGTON CRES. OFFERED AT $689,000
Another great opportunity to move into Richmond’s best kept secret. This warm and inviting 4 bdrm home has had a number of great updates over the years but stayed within the charm of the old neighbourhood. Original gleaming fir floors throughout the wide open plan of the main floor. Also a good size main floor bedroom with loads of natural light. Oversized dining room for the larger sized table and chairs. 3 bdrm up and a ton of storage. Even a loft area the kids would enjoy. Around 1800sqft of comfortable living on a huge 7200sqft very private fully fenced corner lot. Convenient to all transportation and safe for the family. Come home to Burkeville today. See Virtual tour.