West Coast waterfront lifestyle ›› p.5 Charter Pacific and Degelder Group offer new homes in New Westminster’s Marinus at Plaza 88. With a transit urban village at the doorstep and sweeping water and mountain views, homes are selling fast.
April 1, 2010
Home sales strong across Canada: report Housing market likely not as active in second half of 2010 TRICIA LESLIE
Sales manager Laura Cavanagh enjoys a flex space at Polygon Homes’ Wedgewood in North Vancouver. Flex spaces are increasingly popular in new homes and can be used in many ways, including as a home office, library, media room or display space . Rob Newell photo
Flex the usable space at home Allow your home to grow and change with your family MAGGIE CALLOWAY Flexible space, or flex space, is becoming common in new housing in Metro Vancouver. People are living in their homes in dif-
ferent ways than they did in previous years and homeowners need the freedom to adapt to different circumstances. Today’s flexible rooms mean more than the ability to turn an office quickly into a guest room by opening a sofa-bed; though the convenience of this ability is not lost, today homeowners need to be able to repurpose rooms as family needs change. Young families need space for a nursery and
playrooms that, as the children grow, need to change. A scary statistic reveals that 50 per cent of adult children return home within 30 months, sometimes with a spouse and child in tow, so room to grow and change becomes mandatory. At the other end of the spectrum, CONTINUED ON P.2
The Canadian housing market’s momentum has carried through into early 2010, with the sales transactions volume of January and February coming in only slightly below the near-record levels of late 2009, says a new Scotiabank report. The bank’s Global Real Estate Trends report, released last Tuesday, notes that Canada “still leads the pack” in housing market recovery among major developed countries. The average home listing price will reach a record level this year, the report predicts, and seller’s conditions will persist in most major centres across the country. Continued strong demand and high pricing is expected through the spring, especially given an expected rush of buyers hoping to pre-empt stricter qualifying criteria for insured mortgages effective April 19 as well as the July 1 introduction of the HST (Harmonized Sales Tax) in B.C. and Ontario. The volume of home sales transactions will increase by 10 per cent compared to last year, the report speculates, and both prices and housing starts are expected to increase. But more subdued activity is expected in the housing market in the second half of the year, as higher interest rates and higher home prices erode affordability, the report says. Scotiabank expects lower sales volume, lower prices, and a decrease in new construction in 2011, and overall, a tamer market during this decade. “It is time for Canadians to reset their housing market expectations,” the report says. “We expect 2010 will mark a transition year as the boom of the ‘aughts’ gives way to a sustained period of more subdued housing activity for the coming decade.”
2 • New Local Home | April 1, 2010
Local builders honoured with SAMs, Georgies Several Greater Vancouver Home Builders’ Association members have been honoured with prestigious awards at the recent Canadian Home Builders’ Association national conference. GVHBA members won six SAM Awards, including four by Trasolini Chetner Construction Corporation of Vancouver. Trasolini Chetner won for Best Single Attached Home, Best Multi-Family Project, Best Community Development and Best Direct Mail Promotion. Artisan Construction won the SAM Award for Best Any Room Renovation and Basil Restoration won the SAM Award for Best Whole House Renovation more than $500,000. The SAM Awards honour outstanding performance by Canada’s builders, renovators, developers, and new home sales and marketing professionals. Rob Grimm from Portrait Homes and Shannon Cupskey of IRLY Distributors were also recognized with CHBA National Awards of Honour, in recognition of their “dedication and service to the association at the “These local level.” awards GVHBA CEO honour the Peter Simpson best that B.C. was honoured to receive the CHBA has to offer Ken McKinlay in residential Communications construction.” Award for “the most effective voice in Canada on behalf of the residential construction industry.” “I am proud to represent an industry that builds new communities, rejuvenates existing neighbourhoods, creates jobs and enriches the lives of families,” Simpson said. More GVHBA members were winners at the recent Canadian Home Builders’ Association of B.C.’s 18th annual Georgie Awards in Vancouver. Of the 45 awards presented, 26 went to Greater Vancouver Home Builders’ Association members. ParkLane Homes and Adera Development Corp. led all winners with five and four Georgies, respectively. The awards recognize leadership and dedication in home construction, renovation, design, development, marketing and sales. “These awards honour the best that B.C.’s building industry has to offer in residential construction,” says B.C. Premier Gordon Campbell. There were several first-time winners this year as well, including Schreyer Construction of Whistler and GE Miller Builder Contractor of Victoria, the CHBA BC reports. ParkLane was awarded Georgies for: Best Single-Family Detached Home under 2,000 square feet (Bedford Landing); Best Single Family Detached Home 2,000-2,900 sq. ft. (SouthPort); Best Logo (The Block); Best Advertising Campaign (The Block); and Marketing Campaign of the Year (The Block). Adera picked up Georgies for: Best Multi-Family Lowrise Development (Salus); Sustainable and Innovative Community Award (Green); Built Green B.C. Builder of the Year; and Residential Community of the Year (Green). Other GVHBA members who picked up Georgies include Cressey Development Group and Portrait Homes. “The Georgie Awards recognize the best and most innovative projects in our province,” CHBA BC president Bob Deeks said at the awards ceremony.
“Stay in your home
a lot longer” Off the front:
“Homes that are well-planned may even stay in the family.”
– Sarah Gallop, designer CONTINUED FROM P.1
Aragon’s Red Boat
homeowners in their middle years may need to make room for aging parents who are no longer able to live independently. Today’s builders and developers know if a family buys for the long-term – living in place through the years of a young family, teenage family, empty nesters and the ability to age in place – most rooms, except for the obvious kitchen, bathroom, laundry and powder rooms, cannot be built for a specific purpose. Flex spaces often need to be capable of serving a multitude of functions at different times ParkLane’s The Block of the day, from office to guest room and possibly, from play space to craft room. Some homeowners may want to use it as a need a playroom early in the home and later, library, or as a display area for art. they may need to move the master bedroom Because of this need for multi-use, rooms downstairs,” she says. which are obviously built for one purpose “It’s great to have the flexibility, but it are no longer desirable. is very important – especially when Even the master bedroom needs to Flex your building a new home – to consider be as flexible as possible; what was usage through the years. imagination room once a nook off the main room and “If you planned well up front in used as a nursery now becomes a sewthe design stage, you can realistically ing spot or reading area. stay in your home a lot longer as you Sarah Gallop, a residential designer with age.” My House Design/Build Team, agrees that Let’s not forget the basement or attic as posspace must be flexible in today’s new homes. sible space for flexible use. “Every family uses their space differently, A full-height basement that has been used so depending on the family’s age, they may for the usual laundry and storage can become
A room at Polygon’s Wedgewood is set up for games and TV, but could easily become a bedroom, sewing room or library. Rob Newell photo
a very attractive media room. Or, if bylaws permit, the basement can become a full suite for a member of the family. Homeowners may not need this space when they first move into their new home, and finances at that point may not be available, but the ability to grow into space as needed is an attractive feature for many potential homebuyers. “Homes that are well-planned may even stay in the family. Homes are sold to the next generation and the ‘elders’ move into a welldesigned suite in the basement or lower level,” Gallop says. A heads-up for homeowners when designing a home with non-specific room designation is to ensure each room is equipped to deal with present or future technological needs; everything from television to computer to audio must be available without having to re-wire each room as the use changes. Interior design, as in the furniture the homeowner chooses, is another area that needs careful consideration. Think about purchasing non-room-specific furniture and accessories that can be moved around and put to a variety of uses. This is going to take some hard planning, and advice from an interior designer or a furniture store employee well-versed in multi-use designs. Good pieces of furniture are an investment and it isn’t cost-effective to constantly renew furniture as the family’s needs change. “The trick is to never buy anything trendy,” Gallop says. “It will have limited appeal and most certainly won’t fit into a later home. Why do you think certain items end up on Craigslist?”
Publisher: Fiona Harris • 604-575-5822 • publisher@newlocalhome.com Editor: Tricia Leslie • 604-575-5346 • editor@newlocalhome.com Reporter: Maggie Calloway • maggiec@blackpress.ca Advertising Sales: Black Press National Sales • Adrian Saunders • 604-575-5812 • adrians@blackpress.ca Online Advertising: 604-575-5822 Designer: Brad Smith • bsmith@blackpress.ca New Local Home is published once a week by Black Press Group Ltd. (Suite 309 - 5460 152 Street, Surrey, B.C. V3S 5J9) 350,000 copies are distributed free across Metro Vancouver. Reproduction in whole or part is prohibited.
New Local Home | April 1, 2010 • 3
4 • New Local Home | April 1, 2010
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Metropolitan living in New West
New Local Home | April 1, 2010 • 5
Marinus homes offer views, value Living a vibrant waterfront lifestyle with a transit urban village at the front door may seem a nearimpossibility in Metro Vancouver. But it can be a dream come true at Marinus at Plaza 88 in New Westminster, where new homes come with sweeping views of both the mountains and the Fraser River. Developed by Charter Pacific Developments and Degelder Group, the Marinus project is selling homes in its 36-storey, third-phase highrise tower; the fourth highrise has yet to be completed. The entire Marinus at Plaza 88 community offers an easy, accessible lifestyle to residents, with most amenities just a short walk away; the 10th “It’s so is actuconvenient. floor ally the lowest Rain or residential level, with all the rest shine, services, everything offering retail stores and you need is conveniences. A SkyTrain right there, station and bus underneath stops are inteyour home.” grated right into the community, with 180,000 square feet of shopping and retail space set to launch by 2011. Anchor stores slated for that space include Safeway, Shoppers Drug Mart, Royal Bank, Starbucks, the Bread Garden and an A&W, to name a few. “It’s so convenient. Rain or shine, everything you need is right there, underneath your home ... you don’t even have to go outside if you don’t want to,” says Charter Pacific sales and marketing manager Bellia Tan. “The whole building is interconnected to the mall. Some Marinus homeowners are giving up their car – or giving it a lot of thought – because they don’t need one when they live here.” Marinus residents can easily grab a cup of coffee and take a leisurely stroll along the boardwalk to Westminster Quay and perhaps, pick up something for supper at the public market. They can just as easily take a jog through the natural beauty of Queen’s Park, or hop on the SkyTrain to meet friends downtown. CONTINUED ON P.6
Living at Marinus at Plaza 88 in New Westminster allows homeowners to leave their car at home – or get rid of it. With SkyTrain and buses at the front door, along with several other shops, services and amenities, everything is within easy reach. The Charter Pacific/Degelder Group project is currently selling new homes in the third-phase tower, most of which feature breathtaking views. Homes are priced under $400,000; a rarity for any local residence, since the average Metro Vancouver price is well over $500,000.
6 • New Local Home | April 1, 2010
No need for a car with transit at the door
Marinus at Plaza 88 homes feature stunning views, oversized windows and gourmet kitchens; homeowners are snapping them up, fast.
‘Homeowners really enjoy the convenience’ CONTINUED FROM P.5
“(Homeowners) really enjoy the convenience,” Tan says. Marinus at Plaza 88 homes come with overheight ceilings and oversized windows that maximize natural light. Cozy, energy-efficient fireplaces come with stylishly designed mantels and gourmet kitchens come with polished granite slab countertops and deluxe appliances that are also energy-efficient. Bathrooms feature luxurious soaker tubs, spacious showers and more granite counters. All Marinus residents also have access to an expansive ninth-floor garden deck, a party lounge, meeting room, steam room, a fully equipped fitness facility with showers, a car wash area and a dog wash area. “People are really happy with their homes,” says Tan. The new tower residences are movein ready, and 70 per cent sold. But plenty of selection remains, Tan says. Prices range from the $300,000 to $390,000 range. Visit www.marinusliving.com for more information.
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New Local Home | April 1, 2010 • 7
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8 • New Local Home | April 1, 2010
New homes set in a desirable neighbourhood
Live the North Shore lifestyle Wedgewood invites outdoor living Known for its spectacular mountains and outdoor recreation, Vancouver’s North Shore is a neighbourhood that has long been coveted by homebuyers. The desirable community now has several brand-new homes to offer: Polygon Homes’ Wedgewood features a limited collection of 55 three- and four-bedroom townhome residences in North Vancouver’s Lynnmour neighbourhood. These attractive townhomes are built in the popular West Coast Craftsman style of architecture and feature steeply-pitched gable roofs and wide overhangs – both necessary in B.C.’s rainy winter weather – as well as large, south-facing windows, bay windows with window boxes and two-car garages. Set against a backdrop of coastal mountains, with the waters of Lynn Creek just blocks away, Wedgewood is close to all the amenities and recreation opportunities the North Shore offers. For the outdoor enthusiast, there is much to choose from, including hiking and mountain biking, topranked golf courses and, in the winter months, skiing on a choice of mountains within 30 minutes of home. Shopping can be an enjoyable experience at one of the area’s abundant unique neighbourhood shopping villages, which include Lynn Valley, Edgemount Village, Deep Cove and Lonsdale Avenue. CONTINUED ON P.9
Polygon Homes’ newest North Shore development, Wedgewood, offers exclusive, executive-style townhomes to new homebuyers. The homes are located in the coveted Lynnmour neighbourhood and, because of the abundance of beautiful natural surroundings, an outdoor lifestyle is actively sought by many homeowners. Designed in the popular West Coast Craftsman style, Wedgewood is stylish and suits the often-wet North Shore climate. The homes are also close to the community’s shops, services, recreation sites and other amenities. Rob Newell photos
Get active outside at Wedgewood
New Local Home | April 1, 2010 • 9
Plant roots in North Van CONTINUED FROM P.8
The always-popular Lonsdale Quay has a bustling market and is also home to the SeaBus, a scenic way to commute to Vancouver and back. Restaurants are plentiful and varied, featuring cuisine from around the world. Wedgewood is ideally situated for the commuter, with convenient transit to downtown Vancouver close at hand, plus easy access to the Ironworkers Memorial Second Narrows Crossing. The executive-style residences are attracting plenty of homebuyers already, says Polygon president and CEO Neil Chrystal. “Having grown up on the North Shore, it was especially gratifying to see young families lined up on opening day, eager to plant their family roots in North Vancouver,” Chrystal says. “Active singles and couples were also among the first to purchase ... a brandnew home with an easy commute for work, followed by a bike ride up or down Mount Seymour at the end of the day are the things that are important to these homebuyers.” For families with school-age children, there is an abundance of quality educational institutions, both public and private. The North Shore is also the home of Capilano University, which CONTINUED ON P.10
Gourmet kitchens are open-plan and feature granite countertops and stainless steel appliances at Polygon’s Wedgewood. Rob Newell photo
LIMITED TIME OFFER! 1.888.440.4480 prospera.ca
*The Annual Percentage Rate (APR) is for a mortgage of $100,000 with monthly payments and a 25-year amortization, assuming no fees apply. If fees and/or charges apply, the total Cost of Credit and APR would increase. Rates subject to change without notice.
10 • New Local Home | April 1, 2010
A perfect North Shore location
Homes are selling rapidly CONTINUED FROM P.9
has earned an international reputation for quality teaching, programs and services. Wedgewood homebuyers have four layouts to choose from; all feature 10-foot ceilings on the main floor with eight-foot ceilings on upper and lower floors. There is laminate wood flooring in all front entries, kitchens and nooks, and throughout the main floor in some homes. The interiors are designed in a contemporary style and have open-plan layouts with a large, private outdoor deck flowing off either the living or dining room. The main floor has a powder room for the convenience of family and guests. The kitchens have shaker-style wood cabinets, granite countertops and Energy Star stainless steel appliances. The overhang on the granite island is a great place for after-school homework or for dinner guests to enjoy a glass of wine as they watch the chef prepare a masterpiece. One of the special design features at Wedgewood are the 25 fused, coloured-glass artworks by B.C. artist Claudia Cuesta, which define the street front entry gates. A one-ofa-kind installation, these gates will be signature elements in a vibrant neighbourhood. Homes are priced from $599,900. Visit www.polyhomes.com for details.
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Energy-efficient fireplaces lend a cozy feel to Wedgewood living areas, while ensuites are designed to pamper. Rob Newell photos
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Construction Countdown! Construction will begin Spring 2010
The Presentation Centre will be closing when construction begins this Spring! Hurry in now for the best selection and pricing! Occupancy 2011
Presentation Centre: Open Daily (except Fridays) Noon to 5 pm 2343 Atkins Avenue (corner of Shaughnessy St. & Atkins Ave.) Port Coquitlam, BC
w w w. p e a r l c o n d o h o m e s. c o m Marketed by Quantum Realty Inc. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. E.& O.E.
Prices from $154,900
New Local Home | April 1, 2010 • 11
(1a)Skye-Soleil-Aqua Presentation Centre, Unit 3, 1233 Main St., Squamish. 604-616-1215 (1b)Furry Creek-Ocean Crest 415- Furry Creek Dr. 604-787-1456
North Vancouver
Port Coquitlam
(15a)Wedgewood 768 Orwell St. 604-980-2508
(6a)Pearl 2343 Atkins Ave. 604-308-0227
Vancouver
Richmond
(2a)Sage 5898 Gray Ave., (UBC/Wesbrook) 604-822-0809 (2b)Pacific Spirit UBC Westbrook Village. 604-221-8878 604-264-6477 (2C)District: South Main 299 East 7th Ave., Vancouver. 604-879-2010
(8a)Alexandra Gate Cambie-Garden City. 604-279-8866 (8b)Centro 7180 No.3 Road-Bennett. 604-270-8305 (8c)Remy 106- 9780 Cambie Rd. 604-274-7326 (8d)Hamilton Station 22788 Westminster Hwy. 604-279-8866 (8e)Wishing Tree Alexander Gardens. 604-871-4296 (8f)Cambridge Park 9191 Odlin Rd. 778-297-7511 (8h)Saffron 180-8360 Granville Ave. 604-270-2482
(5a)Levo 1170 Pinetree Way & Northern Ave. 604-464-5856 (5b)The Foothills Burke Mountain, 3381 David Ave. 604-944-3188 (5c)Tatton 1240 Holtby, Coquitlam. 604-552-2220
(9a)Highland Park 160th & 24th Ave. 604-542-8995 (9b)Glenmore at Morgan Heights 161A St. & 24th Ave. 604-542-8863 (9c)Wills Creek 160th & 32nd Ave. 604-542-6200
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8676 158 Street. 604-591-1121 (14c)Hazelwood Estates 7881 164A Street. 604-657-5220 (14d)The Estates at Vistas West 16327 60th Ave. 778-574-1380 (14e)Vista’s West 6058 - 163 Street, Surrey. 778-571-1389
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(10a)Falcon Hill 23719 Kanaka Way. 604-466-5723 (10b)Stoneleigh at Silver Ridge 13851 232 Street. 604-466-9278 (10c)Solo 11749 223rd Street. 604-467-0800
Coquitlam
(1a) Squamish (1b)
Delta
203th St
(4a)Jewel 6130 WilsonAvenue at Beresford. 604-456-0688 (4b)Brentwood Gate-The Varley 1960 Beta Ave. 604-205-7228 (4c)Adera - Green 7438 Byrnepark Walk. 604-439-8858
(9d)Kaleden 2729-158th Street. 604-541-4246 (9e)Morgan Heights 26th Ave & 164th Street. 604-531-1111, 604-420-4200 (9f)Cathedral Grove 2738-158th Street. 604-541-7383 (9g)Southport 3677-143 Street. 604-292-0871
Harris Rd
Burnaby
Morningstar Homes is offering new, spacious, single-family detached homes at South Pointe at Sunstone in Delta.
Coast Meridian Rd.
Squamish
Lougheed
On Tour
(5d)Whitetail Lane 1357 Purcell Drive. 604-552-3003 (5e) Belmont 1456 Avondale Street. 604-461-7113 (5f)Burke Mountain Heights 3398 Don Moore Drive, Coquitlam. 778-285-6299 (5g)Sterling 3412 Wilkie Avenue, Coquitlam. (5h)Larkin House 1131 Pipeline Road Coquitlam. 604-552-1113
12 • New Local Home | April 1, 2010
There’s no time like the present to move. Ready for Occupancy Spring 2010.
Now’s the time to make your move. Spacious suites priced to sell from $398,800. The suites at Motif are larger than average – up to 2,200 square feet – with stunning views. The best part, they’ll be ready for occupancy soon. By Spring you could be living in the heart of Burnaby’s vibrant Brentwood community, an elevator ride away from shops, restaurants and services. Just 15 minutes from downtown by Skytrain.
Hurry only 35 homes remain!
604.298.8800
www.motifatciti.com SALES OFFICE 1801 Rosser Avenue, Burnaby BC Open Daily Noon to 5PM (Except Fridays)