36 5
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Volume 2 Issue 3 March 28 – April 25, 2014
HO ON ME LY SL 2 EF T!
ENCLAVE AT BOUNDARY PARK
METRO VANCOUVER
www.bcnewhomes.ca
Volume 2 Issue 3 Mar 28 – Apr 25, 2014 36 5
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New condos, townhomes & single family homes
Volume 2 Issue 3 March 28 – April 25, 2014
24
10
Now Selling from $1,045,500 2-storey detached homes with walk-out basements and flexible layouts 10th Ave & 165 St, South Surrey | 604.536.0450 | southbrookeliving.com
MANAGING PUBLISHER Gord Trembath gord@bcnewhomes.ca ACCOUNT EXECUTIVES Carol Kerr 778.678.1177 carol@hlmedia.ca Liz Milsted 604.987.5092 liz@hlwestcoast.ca DISTRIBUTION & GENERAL INQUIRIES 778.285.9700 info@bcnewhomes.ca
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ON THE COVER 24 Southbrooke: Perfect beach walk and an easy highway commute Southbrooke is a new community of 19 single family homes that is positioned to become a favourite with everyone’s friends and family.
FEATURED DEVELOPMENTS 10 MacKenzie Estates: New homes join heritage cottage at MacKenzie Estates As community planners and the public at large place a greater value on our region’s rich heritage, builders and developers have responded by recognizing what has come before in their plan for what is to come.
16 Marquee: Room to grow in a thriving community EDITORIAL CONTRIBUTORS Sheryl Gray, Robin Schroffel, Dan Tidsbury GRAPHIC DESIGN Jasenka Avram Cliff Blank creative@bcnewhomes.ca WEB SERVICES Alison Duncan alison@hlwestcoast.ca Published by
Marquee is lighting up the Willowbrook community in central Langley, bringing townhome living to this thriving urban centre.
40 Somerston Lane: Convenience at your doorstep Port Coquitlam’s secret is getting out: a quiet community that was built up around a traditional downtown area is also a commuter’s dream, and a shopper’s delight.
IN THE COMMUNITY 18 Discover Langley: Northern neighbourhoods offer convenience, community and easy commute Langley is urban and rural, shopping and farming, city condos and country estates. Opportunities abound for lessons in history, local winery tastings, a day at the zoo or a quick trip over the border.
6 22 32 36
Surrey | Langley | Abbotsford South Surrey | White Rock Vancouver | North Vancouver Tri-Cities | Maple Ridge
Homes & Land of Metro Vancouver is published by Homes & Land Canada (1699396 Alberta Ltd.), 3048 – 9th Street SE, Calgary, AB T2G 3B9 by permission of Homes & Land Affiliates, LLC, Tallahassee, Florida. Copyright © 2014 Homes & Land Affiliates, LLC and Homes & Land Canada (1699396 Alberta Ltd.). Reproduction of any photographs, artwork or copy is strictly prohibited without prior written permission of the publisher. All advertised properties are subject to prior sale or withdrawal without notice. Homes & Land Canada (1699396 Alberta Ltd.) is not a registered real estate broker and this magazine offer is not an effort to assist in the buying, or selling of real estate. The advertisers, associate publisher and the publisher are not responsible, or liable for misinformation, misprints, or typographic errors. Advertising in a Homes & Land Magazine is limited to licensed real estate brokers and their sales associates, developers, and commercial businesses. Advertising is not available to private home sellers. This magazine will not knowingly accept any advertising for real estate that is in violation of the law. Dwellings advertised in this magazine are available on an equal opportunity basis.
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New Homes Magazine 5
SURREY | LANGLEY 1
Surrey Bend Regional Park 17 6S t
1A 104 Ave
SURREY
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7797 170 St, Surrey Phone: 778.574.2550 www.foxridgehomesbc.com
20211 66 Ave, Langley Phone: 604.533.7718 www.elementsinlangley.com
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144 St & 60 Ave, Surrey Phone: 604.503.0488 www.brixtontownhomes.com
19752 55A Ave, Langley Phone: 604.427.3550 www.marqueeliving.com
4. The Highlands at Sullivan Ridge 6085 146 St, Surrey Phone: 778.565.7768 www.marathonhomes.ca
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6 New Homes Magazine |
9. Kensington
14. Redwood
208 St & 80 Ave, Langley Phone: 604.427.3311 www.liveatkensington.ca
6929 142 St, Surrey Phone: 604.503.6929 www.redwoodtownhomes.com
10. Uptown
15. One44
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5888 144 St, Surrey Phone: 604.503.6402 www.liveatone44.com
Visit www.bcnewhomes.ca for details on over 365 local new home developments
Bradner Rd
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272 St
256 St
248 St
240 St
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208 St
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March 28 – April 25
Ross Rd
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LANGLEY 56 Ave
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15 14 843 142 St
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A
s community planners and the public at large place a greater “This is a community in the fullest sense,” says Jolly Saluja. “The famivalue on our region’s rich heritage, builders and developers have lies moving in here represent a really diverse mix of age and culture. It responded by recognizing what has come before in their plan for what is a dynamic place, and an ideal place to raise a family!” is to come. Built on the Surrey site of the late 1880s homestead of A look around the neighbourhood bears out that observation. TransJohn Charles MacKenzie, MacKenzie Estates is the latest planned portation links, good schools for every age including respected private community by the Mann Group. The commitment to heritage presschools, and the full spectrum of shopping outlets are all within walkervation extends to restoring the George E. Lawrence house, built on ing distance. Play a round of golf, attend a sporting event, or go for a the property in the early 1900s. workout just minutes from home. Take in a movie, go to the races, or That rich history provides the perfect backdrop for this collection of 71 relax with friends over drinks dinner. It is all there. spacious, Craftsman style townhomes, each delivering the best feaA home at MacKenzie Estates also comes with peace of mind. In busitures of the present and value for the future. One of the more striking ness since 1989, the Mann Group has built an impressive track record features is the ten-foot ceiling on the main floor of each home. As a with their development of commercial, industrial, retail, and multiresult, the rooms feel so much more spacious, creating a sense that family projects. That long-standing reputation as a builder of quality they are even larger. Not only does the high ceiling open up the space, projects is the assurance of quality and value for every MacKenzie adding to the airy comfort of the main living area, it also allows for the Estates home owner. use of larger windows, flooding the rooms with natural light. And there MacKenzie Estates is selling now. The gallery on the website provides is so much for that light to show to its best advantage. a sense of the welcoming elegance of these homes. Take a look at Take for instance the stunning kitchens with their rich quartz counthe floor plans and see how the design anticipates a family’s needs tertops and stainless steel appliances. Complementing the contemand activities. porary design: elegant maple slab doors. In fact, design features set MacKenzie Estates apart in the market. Main floor powder rooms Plans are good, and pictures can give you a basic idea, but there is lend comfort and convenience. A custom silent floor system coupled no substitute for actually walking into the homes, feeling the openwith high quality laminate flooring in the living area provides beauty ness, and touching the quality. Contact the sales centre, just off and liveability. Ensuites boast custom designed cabinetry, spacious 184th Street on 70th Avenue, and make plans to take a closer look, in showers and quartz countertops. The details go on and on. Indoors person. Call Peter at 604.805.3772 or Jolly at 604.537.6717 or visit — thoughtfully chosen lighting. Outdoors — wider roadways within www.mackenzieestates.com. the community ease the movement of vehicles and add an extra dimension of safety for MacKenzie Estates’ families. 10 New Homes Magazine | Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
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A dazzling collection of 51 condominium homes designed by award winning Creekside Architects. Lcoated in the delightful Fleetwood “Village” neighborhood… a vibrant, pedestrian friendly community with everything at your doorstep, excellent schools, proximity to great shopping, restaurants, major transportation routes and recreational facilities galore.
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The builder reserve the right to change floorplans, elevations, specifications and prices without notice. Square footage as noted are approximations of each individual unit. The purchaser is responsible for verification of the unit layout and square footages. All renderings, floorplans, models and maps are artist's conceptions and not intended to be an actual depiction of buildings or landscaping. Floorplans may vary. Ask a salesperson for details. promotion details.
Visit www.bcnewhomes.ca for details on over 365 local new home developments
| New Homes Magazine 13
Real Estate Market Report
Home sales and listings continue to follow historical averages
VANCOUVER, B.C. – March 4, 2014 In the first two months of 2014, the Greater Vancouver housing market has maintained the steady pace set throughout 2013. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,530 on the Multiple Listing Service® (MLS®) in February 2014. This represents a 40.8 per cent increase compared to the 1,797 sales recorded in February 2013, and a 43.8 per cent increase compared to the 1,760 sales in January 2014. Last month’s sales total mirrors the 10year sales average for February of 2,547, with just 17 sales separating the two figures. The sales-to-active-listings ratio currently sits at 18.9 per cent in Greater Vancouver, a 4.9 per cent increase from last month. “Home buyer demand picked up in February, which is consistent with typical seasonal patterns in our housing market,” said Sandra Wyant, REBGV
president. “We typically see home buyers become more active in and around the spring months.”
New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,700 in February. This represents a 2.8 per cent decline compared to the 4,833 new listings reported in February 2013 and a 12.1 per cent decline from the 5,345 new listings in January. Last month’s new listing count was 0.5 per cent below the region’s 10-year new listing average for the month. The total number of properties currently listed for sale on the Greater Vancouver MLS® is 13,412, a 9.3 per cent decline compared to February 2013 and a 6.4 per cent increase compared to January 2014. “With the market continuing to perform at a steady, balanced pace, it’s important for home sellers to ensure their homes are priced correctly for today’s conditions,” Wyant said. The MLS® Home Price Index composite benchmark price for all residential
properties in Metro Vancouver is currently $609,100. This represents a 3.2 per cent increase compared to February 2013. Sales of detached properties in February 2014 reached 1,032, an increase of 46.6 per cent from the 704 detached sales recorded in February 2013, and a 6.3 per cent decrease from the 1,101 units sold in February 2012. The benchmark price for detached properties increased 3.5 per cent from February 2013 to $932,900. Sales of apartment properties reached 1,032 in February 2014, an increase of 35.8 per cent compared to the 760 sales in February 2013, and a 1.2 per cent increase compared to the 1,020 sales in February 2012. The benchmark price of an apartment property increased 3.6 per cent from February 2013 to $373,300. Attached property sales in February 2014 totalled 466, an increase of 39.9 per cent compared to the 333 sales in February 2013, and a 9.9 per cent increase from the 424 attached properties sold in February 2012. The benchmark price of an attached unit increased 0.6 per cent between February 2013 and 2014 to $458,300.
$
679,900
Marquee Room to Grow in a Convenient, Thriving Community
M
arquee is lighting up the Willowbrook community in central “The developer is unique in their approach to taking equal time with Langley, bringing townhome living to this thriving urban cen- designing plans as with finishing their projects. What really stands tre. One of the first townhouse developments in the area, Marquee out is that these homes feel more spacious throughout: the great offers the opportunity to “stay at home” while moving out and up into room, the bedrooms, powder room, all of it,” says Troy Steine, from bigger, open spaces. The neighbourhood is bursting with retail and Ideal Project Marketing. entertainment amenities, as well as offering convenient access to Buyers can choose from seven different floor plans ranging from various routes across, and out of, the city. 2-bedroom up to 3-bedroom + flex space. The different “plans with The 33-home development is moments away from favourite shop- personalities” are demonstrated by the creative naming (e.g. Mariping centre and big-box retail destinations, but privately tucked in lyn, Sophia, Elizabeth), and means something for everyone: space for away from the closest primary road. Marquee will be joined in the families, room to grow, great entertainment showpieces. Layouts are near future by the second phase of this development, directly across spacious — master bedrooms are stopping people in their tracks for the street. A best-of-both-worlds location, the Marquee joins a quiet, their actual square footage, as well as clever design that maximizes residential community that enjoys a short commute for pursuits of flow-through of natural light. Flex and open concept spaces create adpleasure. Current area residents have been flocking to the Sales Cenditional “breathing room” as well as provide a home for the long term. tre, thrilled that they’ll be able to buy a bigger home without have to leave the vicinity. The townhomes are a contemporary interpretation of Craftsman-style architecture, set off by lush landscaping and decorative walkways “Many of our clientele live in the nearby condominiums, and already leading to private entries. Inside, hand-set European tiled entry foylove the neighbourhood. Marquee is rejuvenating the entire area with ers show through to the main floor’s nine-foot ceilings, wide plank its up-sized appeal,” says Cynthia Ogilvie, sales manager for Marquee, laminate flooring, and decorative wood spindle accents and stair “We’re encouraging people to come and see for themselves, and it’s railings. Kitchens come ready for the party, with quartz countertops, the room sizes that are really jumping out at buyers who have been porcelain tile backsplashes, “soft close” shaker-style cabinetry and shopping around in comparable markets.” full stainless steel kitchen appliance packages. Marquee is offered by Valour Homes, a local company with over 15 years experience in custom home building and residential community Marquee is located near the crossing of Fraser Highway and Langdevelopment in the Lower Mainland. Valour Homes is working with ley Bypass, at 19752-55A Avenue in Langley. Townhome prices start the Chysik Project Management group to provide a blend of traditional from the low $300s (including GST). The Sales Centre and display craftsmanship with innovative construction technology. Together, homes are open daily from 12-5pm (closed Fridays). More infortheir hands-on approach ensures a superior product from the de- mation is available at www.marqueeliving.com or by contacting sign and planning, right through to the finishing within each home. sales@marqueeliving.com or 604.427.3550. 16 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
TEMPLATE HEADER FOLIO HERE
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March 28 – April 25
Visit www.bcnewhomes.ca for details on over 365 local new home developments
| New Homes Magazine 17
WALNUT GROVE COMMUNIT Y CENTRE
Discover Langley Northern Neighbourhoods offer Convenience, Community and Easy Commute angley is urban and rural, shopping and farming, city condos and country estates. Opportunities abound for lessons in history, local winery tastings, a day at the zoo or a quick trip over the border. From take-out sushi to farm-fresh eggs, Langley offers a taste of something for just about everyone. The current population is over 130,000, with residents spread over 326 kilometres of land. With so many options and such a large geography, where to start?
To the east of the Walnut Grove core of amenities, an abundance of single family houses and multi-unit developments are creating a strong sense of community living. With housing developments set away from the busy hub, the streets are as likely to host a neighbourhood bbq as they are to share the road with street hockey aficionados. Residents enjoy the unfettered view of the Golden Ears mountains to the north, and ride bikes on near-country roads.
The City of Langley and the Township of Langley, collectively referred “Our family has lived in Walnut Grove for over 10 years, and we have no to as “Langley,” are bordered on the west by Surrey, north by the Fraser plans to leave. Access to the highway and new bridges is convenient, River, south by the U.S. border, and east by Abbotsford. The entire and the newly built-up retail developments are a time-saver,” says area is divided into nine recognizable communities: Walnut Grove, Jennifer Engele, Langley resident and brand communications manWilloughby, Fort Langley and Aldergrove from the north to the east, ager with Pharmasave Drugs National office, a short commute to the and City of Langley, Brookswood, Fernridge, Murrayville and Milner Langley’s Willoughby area. “But by far, one of the best things is that from centre to southern border. our community is quiet; we don’t see a lot of commuter traffic. Our kids can walk home from school, no bus required.” Walnut Grove has a lovely neighbourhood charm in its name, but this emerging community is more contemporary than covered South of Walnut Grove, Willoughby extends from the northern edge wagons. Situated north of Highway 1, the urban setting combines of Langley City up to Highway 1. This community is evolving from a family living, commuter’s paradise and convenient amenities for concentration of retail and business parks into a vibrant urban centre shopping, sports and entertainment. Already well-known for its welcoming a retail and residential mix. Spanning acreage from the multi-screen and IMAX theatre complex, retail and dining estab- long-established Willowbrook Mall up past the multi-function Langley lishments have flourished in the area, adding more convenience to this commuter-friendly neighbourhood. >> continued on page 20 18 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
PHOTO CREDIT: TOURISM L ANGLEY
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KENSINGTON PRESENTATION CENTRE Open Daily Noon to 5pm C-110, 20678 Willoughby Town Centre Drive Langley, BC | Phone: 604.427.3311 Email: kensingtonsales@mylasso.com
@WilloughbyLife | Willoughby Town Centre
liveatkensington.ca 80th Ave.
March 28 – April 25
208th St.
Willoughby Town Centre
Visit www.bcnewhomes.ca for details on over 365 local new home developments
DEVELOPED BY
|
New Homes Magazine 19
>> continued from page 18
tion growth area in comparison to the rest of Greater Vancouver. Willoughby has many options for affordable home ownership, and expansive townhome developments offer a natural family-friendly community setting. With parcels of developed land either adjacent to or tucked away from main corridors, the area holds appeal for those who are heading to the highway each morning as well as families searching for quiet home life. Serene or bustling lifestyle, all Willoughby residents have quick access to favourite big box retail outlets, banking and other service providers, and plenty of dining and entertainment options. Out to the eastern border, Aldergrove is a welcoming, residential community known for its 1940s and 1950s flair, and lower gas prices. Lower Mainlanders are frequent visitors to the area, patrons of the Greater Vancouver Zoo and the last operating drive-in theatre in British Columbia. The largely rural area is also home to a variety of agricultural tourism opportunities, from pumpkin farms to u-pick berries.
families can balance kids and careers by personal choice rather than letting the mortgage decide. North-east of Aldergrove and several more decades back in time, Fort Langley sits on historic lands along the Fraser River. The small community of approximately 3,000 residents boasts a charming downtown that hosts locals and tourists alike. The draw of century-old architecture, antique shops and the historic fort site balance with funky cafés, boutique shopping and people-watching patios, for a small-town experience with a modern flair. Historic homes are plentiful in Fort Langley, but are now mixed with multi-family developments that are less than a decade old. With the Fraser River flowing through town, opportunities for modern waterfront living have brought new population growth to town, but at a very relaxed pace. Hand-scooped ice cream will likely always prevail over any kind of drive-through window.
From urban fare to antique finds and efficient condos to master-planned communities, the northern half of Langley has a Aldergrove is set away from trendy urban place to find your fit and feel at home. New retail clusters and busy park-and-rides, so residential developments are on the horizon has advantage of larger, quieter spaces and in well-placed locations that maximize the easy access to get back to nature. Relaxed draw of convenience, community and comlifestyle plus enviable house prices offer op- mutes. Next month, New Homes will travel portunities for “moving up” with just a small south and share a snapshot view of the City of step to the right. With an abundance of single Langley, Brookswood, Fernridge, Murrayville family homes offered at well under $500,000, and Milner.
20 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
PHOTO CREDIT: TOURISM L ANGLEY
Events Centre, this stretch of land is becoming home to many young families and firsttime home buyers. With reasonably priced homes drawing in buyers from cities to the west, the area is targeted as a high popula-
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Visit www.bcnewhomes.ca for details on over 365 local new home developments
|
New Homes Magazine 21
SOUTH SURREY | WHITE ROCK 99
Morgan Creek Golf Course
eH wy
Kin
28 Ave
Village Church Office 24 Ave
Hw y
16 Ave
Thrift Ave
Dri ve
Buena Vista Ave
160 St
Mar ine
7
99 15
10 Ave 8 Ave
1. Morgan Heights
4. Adagio
7. Southbrooke
16145 28A Ave, Surrey Phone: 604.560.1053 www.foxridgehomesbc.com
15360 20 Ave, South Surrey Phone: 604.531.6659 www.boffo.ca
10th Ave & 165 St, South Surrey Phone: 604.536.0450 www.southbrookeliving.com
2. Royce
5. Belcroft
8. The Hamptons
14855 Thrift Ave, White Rock Phone: 604.538.8028 www.royceliving.com
15977 26 Ave, South Surrey Phone: 604.568.8830 www.phoenixhomesbc.ca
16437 23 Ave, South Surrey Phone: 604.723.4497 www.legendaryliving.ca
3. Gemini
6. Blu
15336 17 A Ave, South Surrey Phone: 604.536.1663 www.liveatgemini.com
15988 32 Ave, South Surrey Phone: 604.782.5258 www.phoenixhomesbc.ca
22 New Homes Magazine |
Pacific Hwy
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Sunnyside Acres Urban Forest
32 Ave
99
lvd
28 Ave
eB rg eo
144 St
28 Ave
15
6
gG
32 Ave
Crescent Park
176 St
ain
Bl
Crescent Beach Marina
168 St
er uv co
160 St
n Va Serpentine Fen Nature Reserve
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
SOUTH SURREY | WHITE ROCK
March 28 – April 25
Visit www.bcnewhomes.ca for details on over 365 local new home developments
|
New Homes Magazine 23
Southbrooke
Perfect Beach Walk and an Easy Highway Commute
S
outhbrooke is a new community of 19 single family homes that is positioned to become a favourite with everyone’s friends and family. Perfectly situated in the southern tip of Surrey, it’s a stone’s throw from the highway, and a couple skips of a pebble to the beautiful White Rock beach. Getting into town (or getting out of town) couldn’t be much more straightforward, and with beachfront restaurants being within walking distance, backyard dining takes on a whole new meaning.
combine with oversized windows and cedar shingles for a majestic neighbourhood profile. “Southbrooke homes have a big, open feel to them. The big windows, high ceilings, two-story-high foyers — the light really shines through and puts an extra sparkle on each home,” says Leeming.
The 19 individual homes have varied floor plans and lot shapes, with a layout to meet the needs of busy families through to frequent entertainers. The 2-story homes include walk-out basements with open South Surrey has transformed into a choice destination over recent entertaining or recreation space, that lead directly out to the patio years, offering up shopping, dining and leisure options to residents (larger lots), or up a couple of stairs to the backyard. Standard to and visitors alike. The Grandview Corners / Morgan Crossing area each home is the gourmet kitchen, with two-level islands, engineered is a vibrant, urban centre that accommodates power shoppers and quartz countertops, under-mount sinks and modern Jenn-Air applihosts community events in a convenient, walk-able neighbour- ance packages. The same luxurious details continue to the spacious hood. South Surrey Athletic Park is a hive of activity, often hosting bathrooms and powder room. national and world sporting events, as well as providing a local Southbrooke is located at the corner of 10th Avenue and 165th venue for family activity. Street in South Surrey. The single-family homes are close to 4,000 The Southbrooke community is offered by Genex, a local company that has been creating family homes in South Surrey for over two decades. The winner of several Georgies, Genex has a solid reputation for building homes with contemporary style, practical longevity and enduring value. The Southbrooke homes are a wonderful example of the innovation in architectural and interior design that has earned Genex their “wall of fame.”
sq.ft including finished basement, and start at $1,045,000. The Southbrooke Sales Centre is right on-site, and is open daily 12–5pm (except Fridays). More information about Southbrooke is available at www.southbrookeliving.com or by contacting the Sales Centre at 604.536.0450 or info@southbrookeliving.com.
“Everyone loves the great design of these homes, from the fabulous kitchens to the roomy back decks,” says Judi Leeming, on-site realtor for Southbrooke. “Room transitions add elegant visual elements while being very functional in design. The overall design just offers such great spaces and wonderful livability.” Nestled into a welcoming, residential neighbourhood, Southbrooke homes sit on beautifully sized lots ranging from 6,030 to 10,422 sq.ft. Each spacious lot is fully landscaped for privacy and relaxation, and is set-up for easy sprinkler installation. Homes include aggregate rear patios or vinyl-covered decks, and have gas bbq hook-ups ready to go. The exteriors feature Hardie Plank siding and cultured stone, which March 28 – April 25
Visit www.bcnewhomes.ca for details on over 365 local new home developments
|
New Homes Magazine 25
SOUTH SURREY | WHITE ROCK
ABBOTSFORD
LANGLEY
LUNA
YORK
Single family homes & townhomes From $289,900 (incl. GST) NOW SELLING PHASE 3 MyLunaHome.com 778.895.5862 30748 Cardinal Ave, Abbotsford
Spacious craftsman-styled townhomes From as low as $964/month* NOW SELLING PHASE 3 YorkLiving.ca 604.534.9495 7298 199A St, Langley
SPRING PROMO ON UNTIL END OF APRIL: The Developer will pay the first six months of strata fees for any home bought in the next 30 days!
SOUTH SURREY
SOUTH SURREY
BLU
BELCROFT
Exquisite townhomes from $599,900 (incl. GST)
Divine duplexes & fourplexes From $629,900 $599,900 (incl. GST)
NOW SELLING PHASE 2 BluLiving.ca 604.782.5258
NOW SELLING PHASE 3 BelcroftLiving.com 604.568.8830
15988 32 Ave, South Surrey
15977 26 Ave, South Surrey
This is not an offering for sale. Any such offering must be made with a disclosure statement. Prices are subject to change. E.&O.E. *OAC. Conditions apply. 26 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
SOUTH SURREY | WHITE ROCK
28 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
SOUTH SURREY | WHITE ROCK
March 28 – April 25
Visit www.bcnewhomes.ca for details on over 365 local new home developments
|
New Homes Magazine 29
Stay up to date on Upcoming Grand Openings, New Promotions and our latest editorial features by subscribing to the Free Early Edition of New Homes Magazine. Simply email subscriptions@bcnewhomes.ca
e scrib e b u S e r Fr
and we’ll add you to our electronic
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mailing list so you can receive our new issue 3 days before the print version hits the streets.
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Searchable Construction Data and Leads New Projects, Pre Bids & Tenders Project Updates Building Permits 30 New Homes Magazine |
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March 28 – April 25
MORTGAGE MATTERS
Bridge Financing
B
ridge financing is a tool that can allow a client to take possession of a new home prior to completing the sale of their current home.
• One must have a firm, subject free, binding contract of sale in place for their current residence in order to start an application for Bridge financing. • Bridge financing is useful in many scenarios. The most common being when the new residence must be purchased prior to the closing date of the sale of the current residence. There a various scenarios that trigger this. • Perhaps the most common misunderstanding around this topic is the ease with which clients expect they can access ‘bridge financing’. A firm sale of the current property is mandatory. • Is far less expensive than most people expect. The real numbers never fail to surprise. Below you will find example calculations. • Speak to your Mortgage Broker for additional information regarding your specific circumstances. As mentioned above the primary trigger for bridge financing is a misalignment of purchase (of the new property) dates with sale (of the current residence) dates. It is the only way to leverage the final 20% of equity in your current property to use as down payment money for the purchase of the new home. Accessing that final 20% equity in the current residence is not possible without a firm sale (subject free) of your current residence. Most lenders will provide bridge financing with this contract in hand to ‘bridge’ the timeline gap between the new purchase and receipt of the proceeds of sale of the current residence. More and more clients choose to have the dates out of sync when extensive renovations are planned for the new property. This allows them to only have to move once and also for renovations to be completed more easily for all concerned. Always discuss
same day as the sale of their current residence completing.
with your insurance agent the special requirements around a home that is temporarily vacant. Bridge financing rates are currently ~Prime (3.00%) +2.00% (or 5.00% as at March, 2014). There is often an administration fee charged by the lender of $250 to $500. 5% might seem high, and the idea of owning two properties might seem daunting, in fact some people may not have read this far having already ruled out the idea. Hopefully not as here is the heart of the matter;
Mathematics Mr. and Mrs. X sell their home for $500,000 — completing July 1st (staying put until the end of the school year is common). Mr. and Mrs. X currently have a mortgage of $400,000. As current Gov’t regulations set out that 80% of the value of the home is the maximum loan amount possible, there is no cash available via a ‘refinance’ or ‘securing a line of credit’ against the property. The remaining 20% equity, or $100,000 in this example, can only be accessed via a sale completing, or salecontract backed bridge financing. Mr. and Mrs. X find a new home which the sellers will only accept a completion date of April 1st for. 90 days sooner than their sale completes. How does one complete on a new home 90 days prior to selling the current residence? Where do the down payment (& deposit) come from?
Bridge Financing Mr. and Mrs. X speak with their Mortgage Broker who advises them of the following costs; $100,000 @ 5% over 90 days results in an interest only payment of $412.39 for three months. The 3rd payment being made the
Mr. and Mrs. X have also have to carry an additional $400,000 mortgage on the new property, likely an Open at 3.50% (although better options may exist). This is an additional $1,158.25 per month in interest expense and payment. Add in a $500 admin fee for a total monthly carrying cost of $1,737.30 per month in order to own two homes for 90 days. It is worth noting that most bridge financing is for a matter of weeks, not months. At $392.66 per week (plus the admin fee) this is not typically a show stopper. A small price to pay if this strategy allows one to lock down the home of their dreams, take possession earlier and allow extensive (potentially disrupting) renovations to be completed in their absence, avoid moving twice, avoid living with the in-laws, avoid storage fees for furniture, etc… Any of these things may well make $392.60 per week seem like a veritable bargain. Often there exists the ability to finance an extra few thousand dollars into the equation such that actual cash-flow is not impacted either. Essentially making the additional payments with the lenders own funds in order to remove the pressure of ‘two payments’. If double payments were made at all on the current mortgage, there may be an option to ‘miss-a-payment’ on the current residence mortgage also. Most people would not expect owning a second 500K home to cost as little as $1,800 per month. Factor in the extra $1,800 as potentially being raised as a part of the bridge financing itself and this all becomes much more manageable. Another way of looking at this 90 day scenario is that it increased the cost of the home by 1%. Was that increase warranted and worthwhile? You will be the judge of the merits based on your circumstances.
DUSTAN WOODHOUSE
Dustan@OurMortgageExpert.com Phone 604.351.1253 For regular market updates, follow me
@DustanWoodhouse
VANCOUVER | NORTH SHORE
dB lvd
Course NORTH Golf Official Site 3 VANCOUVER Mt Seymour Pkwy Keith Rd E
3rd St E
Burrard Inlet
W 16th Ave
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1. Highbury Residences
3. Northlands
4. Haywood
1981 Highbury St, Vancouver Phone: 604.803.9335 www.highburyliving.ca
3294 Mt. Seymour Parkway, North Vancouver Phone: 604.929.7753 www.ntliving.com
2436 Haywood Ave, West Vancouver Phone: 604.281.1501 www.haywoodave.com
2. Artemisia Horby & Helmcken, Vancouver Phone: 604.366.3115 www.boffo.ca
32 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
Vancou Golf Cl
Lo u
6t
Everett Crowley Park
Gilley Ave
gsw ay Central Park Patterson Ave
Oak St
lvd
Cambie St
57th Ave
54th Ave
Ca n
Royal Oak Ave Nelson Ave
49th Ave
1
Burnaby Mountain Golf Course & Driving Range Lou ghe ed Hw y
North Rd
41st Ave
Boundary Rd
VANCOUVER
Burnaby Mountain Conservation Area
Hastings St
E Broadway Grandview Hwy Canada Way
Kerr St
Oak St
tB Wes
57th Ave
Langara Golf Course
t Rd
1st Ave
Rupert St
King Edward Ave VanDusen Botanical Garden 41st Ave
41st Ave 49th Ave
1A
Fraser St
Dr 41st Ave
W 11th Ave
Main St
ine
Granville St
Mar
MacKenzie St
SW
Dunbar St
UBC Botanical Garden & Centre for Plant Research
Pacific Spirit Regional Park
W 6th Ave Oak St
1
al Ave
Clark Dr
W 10th Ave
ech Beach
Termin Cambie St
W 4th Ave W Broadway
PNE
Rd
B
Barne Willingdon Ave
Dr
W 4th Ave
E Hastings St
Renfrew St
rd
ra ur
Nanaimo St
arine
Victoria Dr
NW M
or gi a St
Main St
English Bay
Cates Park Boundary Rd
St anW nm Ge
Deep Cove
Seymour Golf & Country Club
Dollarton Hwy
Vancouver Harbour
Lost Lagune
2
1
Main St
99
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Northlands
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lan
Keith Rd W 3rd St W
Cover Forrest
Lynn Canyon Park
Cla
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Rd
Mtn Hwy Rd
all nV
Grand Blvd
Ambleside Park
Marine Dr
ey
Lonsdale Ave
Dr
Av e
Delbrook Av e
Lighhouse Park
ine
4 Matters Ave
Montroyal Blvd Fe ll
Capilano Suspension Bridge
1
15th St
Mar
Capilano Golf & Country Club
Capila no Rd
27th St
Marine Dr
WEST l Rd ss Bow Cypre VANCOUVER
Hi gh
1
March 28 – April 25
ee
d
Hw
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VANCOUVER | NORTH SHORE
%D 50S O L six exclusive concrete residences Starting at 2,200 square feet G E T I N T O U C H W I T H U S T O D AY F O R A P R I VAT E A P P O I N T M E N T
info@highburyliving.ca
March 28 – April 25
604 803 9335
www.highburyliving.ca
Visit www.bcnewhomes.ca for details on over 365 local new home developments
|
New Homes Magazine 33
Lynn Valley North Vancouver’s Hidden Gem
W
ith endless forest trails and waterfront views, Lynn Valley is tucked between the Vancouver Mountains and the coast of English Bay. The ideal community for those who want to experience the best of year-round outdoor recreation, Lynn Valley strives to be one of the most sustainable communities along the North Shore. Lynn Valley hosts family friendly activities all year-round with seasonal events and street festivals such as the Party at the Pier, the Caribbean Days Festival, and Artists for Conservation Festival. Neighbouring communities enjoy expansive mountains with hiking and biking trails, parks and nature reserves, golf courses and farmers markets. Popular attractions such as the Grouse Grind, the Capilano Suspension Bridge, Capilano Salmon hatchery and Vancouver’s local mountains, provide activities for the avid explorer. A spectacular view of the city from the Grouse Mountain Skyride and an elite dining experience at the Observatory atop Grouse Mountain shares the best of BC’s regional produce and sustainable seafood choices. Lynn Canyon Park is one of Vancouver’s main tourist attractions. Entering the park, visitors are greeted by the ecology center, which provides visitors with informative and interactive displays of North Shore’s ecosystem and a Kids Explorium. Located in the heart of the
rainforest, the Lynn Canyon suspension bridge is a free attraction with a 130 ft. bridge and an incredible view of Lynn Canyon creek. At the end of the bridge, hiking trails and a rocky beach are frequented by locals, with a flowing fresh-water creek and remarkable view of the canyon. At the heart of Lynn Valley is the ‘community character’, supported by residents who wish to contribute to the culture and natural habitat. Local bus routes and shuttles provide access to the attractions and local mountains all year-round, and Lynn Valley Community Rec. Centre supports the community through health and wellness while Lynn Valley Centre provides specialty shops and services. Lynn Valley provides residents with five public elementary schools, two secondary schools, and the Outdoor School; where students have the opportunity to camp in cabins and learn about the local coastal environment. Private preschools and innovative prep school programs allow parents to enroll their kids in private educational systems, where select studies are tailored to students with learning disabilities. School District 44 is a prime reason families move to the area as the quality of community boasts a unique educational system with late French Immersion streams.
34 New Homes Magazine | Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
VANCOUVER | NORTH SHORE
OPEN
DAILY 12-5
A Short Drive
to shopping, boating, hiking, skiing, biking, schools, Vancouver +
A Hole In One!
21 Apartments starting at $275,000 for a spacious Bachelor and $344,900 for a large 1 Bed and Den PRESENTATION CENTRE OPEN DAILY 12-5 PM 3294 Mt Seymour Parkway, North Vancouver B.C. www.ntliving.com March 28 – April 25
Darcy McClary
604.929.7753
darcymcclary@shaw.ca
Visit www.bcnewhomes.ca for details on over 365 local new home developments
| New Homes Magazine 35
COQUITLAM | PORT COQUITLAM | PORT MOODY | MAPLE RIDGE
ug
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132 Ave Hw
132 Ave
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218 Ave 7
5
240 St
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en Ears Way
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nad
aH
wy
88 Ave
208 St
-Ca
202 St
Tran s
96 Ave
96 Ave
old
1
200 St
168 St
160 St
144 St
88 Ave
Derby Reach Regional Park
Barnston Island
Pacific Hwy
96 Ave wy
Dewdney Trunk Rd
ug
104 Ave
1A
176 St
156 St
152 St
128 St 88 Ave
rH
Rd
Tynehead Park
96 Ave
3
La
1
Fra se
et er
wy
104 Ave
96 Ave
Pitt Meadows Regional Airport
im
108 Ave
aH
orge Blvd Ge
04 Ave
148 St
Ki ng
S Fraser P ar
ad
an s-C
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1A
8
207 St
1A
2
216 Ave
Dewdney Trunk Rd
7
Golden Ears Provincial Park
232 St
Douglas Island
MAPLE RIDGE
232 St
Mariner Way
Hw y gsw ay Av e
224 St
Blue Mountain St
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s
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Kin
216 St
1
Neaves Rd
McNail Rd
7
PORT COQUITLAM
L
wy
Thompson Rd
203 St
nada H
Golden Eagle Golf Club
y St
s Dawe Trans-C a
Shaughnessy St
wy dH ee Colony Farm h g Regional Park au
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Minnekhada Regional Park
da Ce
6 4 Laughe
7
Mundy Park
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Sh a ugne s
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St John’s St
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10
Dr
Rannie Rd
Swan-E-Set Bay Resort and Country Club
Panor
Westwood PORT Da vid Ave m a Dr Plateau MOODY COQUITLAM
88 Ave
88 Ave
McMilan Island Fort Langley National Historic Site of Canada
1. Albion Station
5. Montgomery Acres
9. Wynnridge
10151 240 St, Maple Ridge Phone: 604.351.3261 www.platinum-group.ca
24405 112 Ave, Maple Ridge Phone: 604.465.6886 www.epichomes.info
11005 Buckerfield Dr, Maple Ridge Phone: 604.812.1460 www.wynnridge.ca
2. Edge on Edge
6. Orchid
10. Riversrun
12075 Edge St, Maple Ridge Phone: 604.466.8783 www.edgeonedge.com
2455 Wilson Ave, Port Coquitlam Phone: 604.866.4206 www.orchidcondos.com
Showhome: 1319 Hollybrooke St (David Ave & Coast Meridian) Phone: 604.468.8488 www.riversrun.ca
3. Falcon Centre
7. Somerston Lane
11862 226 St, Maple Ridge Phone: 604.812.1460 www.falconcentre.ca
1268 Riverside Dr, Port Coquitlam Phone: 604.961.8883 www.somerstonlane.com
4. La Via
8. Village Green
2351 Kelly Ave, Port Coquitlam Phone: 604.475.5100 www.laviapoco.com
12161 237 St, Maple Ridge Phone: 604.476.2292 www.villagegreenlife.ca
36 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
COQUITLAM | PORT COQUITLAM | PORT MOODY | MAPLE RIDGE
DISPLAY SUITE UNVEILING APRIL 12TH AT NOON SHARP.
VIP TOURS END APRIL 11TH ON PRE-SALE PRICING FROM $289,900. A new Maple Ridge community has been planted. Surrounded by trees and nestled in a natural setting yet close to local amenities, Village Green offers the best of both worlds. A rare community of two level 3 bedroom townhomes. Have you had your VIP tour yet? Book today by e-mailing info@villagegreenlife.ca
LAST CHANCE TO BECOME A VIP
REGISTER TODAY
VillageGreenLife.ca
*Prices and incentives are subject to change or be withdrawn without notice. Prices quoted are exclusive of tax. E.&O.E.
March 28 – April 25
Visit www.bcnewhomes.ca for details on over 365 local new home developments
Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. 604-583-2212
|
New Homes Magazine 37
COQUITLAM | PORT COQUITLAM | PORT MOODY | MAPLE RIDGE
Buc ker fie ris D ld Dr r
Har
Ave
238 St
Green Space
1 FALCON HOMES at
a nak Ka
re
C
Creek l Park
ek
Rd
240 St.
WYNNRIDGE 109 A
Kanaka Cre ek
38 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
Morning coffee and the sounds of nature. Welcome home.
M ONTGOMERY
A CR ES
Montgomery Acres is a carefully planned community of single family homes. Here we began with a beautiful ending in mind. A community set amid peaceful pasture lands, adjacent to Kanaka Creek Park. There is a proud sense of arrival that truly says home. Preserved farmland to the north, sloping hills to the south, its different here. Be among the first to plant roots in a place that will grow and develop into a community of lasting value, not by chance, but by careful planning. Streetscapes that have a consistent theme with craftsmen exteriors, double car garages, generous yards. Modern interior features and floor plans will enhance the enjoyment of your home and your lifestyle. Just imagine, the morning paper on your front deck, a coffee and the sounds of nature. If life gets any better than this, it will happen here, at Montgomery Acres.
PA SS
AKA
KAN
WAY
Y HW
MAPLE
246 STREET 112 AVE
244 ST
ED HE UG LO
BY-
240 STREET
232 STREET
DEWDNEY TRUNK RD.
3 & 4 bedroom homes priced from $ 509,980 For more information call 604 477 2959 or go to montgomeryacres.com Visit our showhome located at 24405 112 Avenue, Maple Ridge Open noon to 6pm daily
RIDGE
Epic Homes (2012) is a joint venture with Masa Properties Ltd., Branley M.R. Holdings Ltd., Bristar M.R. Holdings Ltd. & Dale M.R. Holdings Ltd.
Somerston Lane Community Convenience at Your Doorstep
P
ort Coquitlam’s secret is getting out: a quiet community that was built up around a traditional downtown area is also a commuter’s dream, and a shopper’s delight. Large retail complexes, including the soon-to-be-completed Fremont Village, have been developed close to the major artery of Lougheed Highway (Hwy 7). Such planning has made for easy access, and retained a wonderful community of residential neighbourhoods.
other options. Main living space is open concept for dining and relaxing, and leads to a large covered deck for additional entertaining space. Stairs lead from the deck to a private, fenced backyard perfect for children to play or just to relax in the sun. This wonderful outdoor space extends living to the great outdoors, building on the lush gardens and walkways that surround the entire property, and leading to even greater nature adventures.
Somerston Lane is a quiet townhouse community in the heart of Po“The north end of Port Coquitlam has amazing outdoor spaces that Co’s Riverwood residential subdivision. The spacious 3-level, 3-bedare almost on your doorstep. Topped off by the mountain views, the room homes are in close vicinity to major shopping areas and West PoCo Trail starts just blocks away from Somerston Lane, and winds Coast Express. Tucked away on a quiet residential street, Somerston through Hyde Creek Nature Area, all the way up to Minnekhada ReLane is adjacent to Terry Fox Secondary School, and an easy walk to gional Park,” says Ms Lamb. elementary and middle schools. Parks and green space are abundant in the area, including the golf greens of Carnoustie Golf Club. The modern townhomes have private entrances accessible through “The neighbourhood has everything that so many families are looking private garages as well as exterior entrance doors. Guests are greeted for: great choice of schools, nearby recreation facilities and parks, in ample, tiled foyers, wide staircases and a short flight of stairs to and lots of shopping and services,” says Marcela Lamb, sales agent the main level. Each townhome is pre-wired for security systems, for Somerston Lane and agent with Royal LePage West Real Estate plus rough-ins for central vac, smoke detectors and all the modern Services. “This is a completely walk-able neighbourhood, and at the conveniences. same time, access to transit and major highways increase the overall convenience of the area.” Somerston Lane homes are a flexible fit for growing families or downsizers looking to diminish upkeep responsibilities. All townhomes offer three bedrooms, with two upstairs and one on the lower level. Upper floor bedrooms each have their own 3- or 4-piece bathroom, ample closet space and lots of natural light. Lower levels offer a flex space / guest room and oversized garages. Both floor plans include a powder room on the main level for additional convenience and hospitality. Each home’s main floor has a spacious eat-in kitchen with stainless steel Whirlpool appliance package, granite countertops and many 40 New Homes Magazine |
Sales have been brisk due to the incredible space, location and value — with only 7 homes left, it won’t be long before they’re gone! Stop by and check out the remaining homes at Somerston Lane. Show Home hours are Monday to Thursday from 1 to 5pm, and Saturday and Sundays noon to 5pm (closed Fridays). Show home is located at Unit 8-1268 Riverside Drive in Port Coquitlam, north of Lougheed Highway and on the south end of the Terry Fox Secondary School grounds. Move in now, with pricing starting at $374,900. For more information check out our website at www.somerstonlane.com or contact Marcela at 604.961.8883, the site office at 604.474.1500 or contact@somerstonlane.com.
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
COQUITLAM | PORT COQUITLAM | PORT MOODY | MAPLE RIDGE
RE
Y S L N IT ! O UN T 7 LEF
AD
NO
Y
TO
GS
M
O
T!
VE
IN
!
AREA’S BEST
VALUE! STARTING AT
1,600 SQ. FT.
Established large 3 bedroom townhomes from 1600 sq. ft., in the heart of Riverwood’s residential community. Move in now! Featuring private fenced yards, enclosed garages, covered decks and lots of parking. Walking distance to shopping, and next to Arch Bishop Carney and Terry Fox Secondary schools. Easy access to bridges and highways.
VISIT OUR 2 SHOWHOMES Sales Centre Open Monday to Thursday - 1 to 5pm Saturday and Sunday - 12 to 5pm 7 - 1268 Riverside Drive, Poco
604.474.1500 somerstonlane.com Brian & Marcela Lamb
604.961.8883 The developer reserves the right to make changes and modifications. Prices subject to change without notice. E. & O.E.
March 28 – April 25
Visit www.bcnewhomes.ca for details on over 365 local new home developments
| New Homes Magazine 41
36 c ne 5 w ho
new d a t b eve lo
HIGHBURY RESIDENCES IN VANCOUVER
LUNA IN ABBOTSFORD
ZEN TOWNHOMES IN SURREY
MONTGOMERY ACRES IN MAPLE RIDGE
ELEMENTS IN LANGLEY
ADAGIO IN SOUTH SURREY
REMY IN RICHMOND
LA VIA IN PORT COQUITLAM
NORTHLANDS IN NORTH VANCOUVER
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new home? Check out
www.bcnewhomes.ca
s.ca ewhome 240 OVER ENTS! www.bcn URING LOPM
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Win
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604.475.5100 | LaViaPoco.com Marketed by Circadian Developments Ltd. and Maureen Seguin, Century 21 In Town Realty 604.475.5100. Managed by The Circadian Group of Companies. This is not an offering for sale. Any such offering may only be made by a disclosure statement. E. & O. E.
LA VIA Sales Centre 2351 Kelly Avenue, Port Coquitlam Open Daily noon-5pm and By Appointment
www.TheCircadianGroup.com
Our Accountant Said...
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To Pay $200/mth. *
When You Buy a Home at Edge! 30 Homes from $149,900 to $198,900.
Studios, One and Two Bedrooms, Starting at Only $568/month.* Now you can own for less than paying rent to your landlord. At Edge, we’ll help you build equity by buying your own home. Choose from studios, one and two bedrooms – ranging from $149,900 to $269,900 with monthly payments starting at only $768*. Plus when you buy at Edge, we’ll pay $200/mth. toward your mortgage in year one, $150/mth. in year two, and $100/mth. in year three. So why rent and pay a landlord – when you can start building equity in a home of your very own. Edge is located in the heart of Maple Ridge – the #5 Top Canadian 2010-2015 Place to Live for Lifestyle.** The best reasons for living here are: accessibility, affordability and lifestyle, and Edge is located right in the centre of town. Choose from studios, one and two bedroom homes. Buying at Edge is the best move you'll ever make.
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Sales Centre & Display Suites open 12 – 6pm (except friday) 12075 Edge Street, Maple Ridge • Telephone 604.466.8783 *Based on a studio for $149,900, with monthly mortgage payment of $768. MacLean Homes will rebate $200/mth. in year one, $150/mth. year two, $100/mth. year three. **According to the Real Estate Investment Network (REIN).
E M HO EN! OW OP H S W O N
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West Real Estate Services
Maple Ridge: A Great Place to Call Home
T
hey’re coming from across the Lower Mainland — from Coquit- with the Tree Top Adventure & Fitness Circuit operated by Wild Play lam, Port Coquitlam, Burnaby, Surrey, Langley, Vancouver and the and is the horse trails capital of BC. North Shore. They’re crossing bridges, rivers and mountains to get “This really is an active community,” comments local resident Stacey here, and once they arrive many decide this is where they want to be. Deakin. “Maple Ridge is a great place to raise a family and since the It’s not a secret to those that already live in this northeastern com- new bridges have been completed commuting times are much betmunity 45km east of Vancouver, but for anyone new to Maple Ridge ter,” she continues. they soon discover that this is a great place to call home. Improved transportation links to other municipalities has been a key Ranked number 2 by the Real Estate Investment Network in its Top to ensure future growth in Maple Ridge as two-thirds of their resiBC Investment Towns report, Maple Ridge and Pitt Meadows were dents commute to work in other communities, but it takes more than rated second only to Surrey in a report that focused on three key fac- a shorter commute to generate the kind of growth that’s been taking tors: Population growth — how many people are moving in or out of a place here over the past few years. city and how does this affect the market; Economics — what are the “Maple Ridge offers all the amenities of a larger market, but with a future prospects for job growth, employment and economic growth; more relaxed, rural pace of life,” adds Deakin. “And from a home buyand Infrastructure — which encompasses new improvements such ers standpoint, you get more value for your dollar here than anywhere as new hospitals, parks or schools. else in the Lower Mainland.”
“We are very proud that our community has once again been signaled That sentiment is echoed by others in the industry. Tammy Gaskell, out for recognition by REIN. The report highlights how the improve- sales manager at Portrait Homes’ award-winning project the Hampments to the transportation infrastructure have made our community stead at Silver Ridge, notes that the difference in price between Maple accessible to investors in the Lower Mainland. That combined with Ridge and other nearby municipalities can be as much as $200,000. programs like our Town Centre Investment Incentive Program have “We’re seeing a lot of people from the Tri-Cities that are attracted by resulted in over 40 projects in our town centre valued at $80 million,” the price, the green space, and the fact that this is just a great family noted Maple Ridge Mayor Ernie Daykin. community,” she says. “We’ve also seen more interest from Vancouver “The REIN report is just one more indicator that our community is a and North Vancouver buyers as the value they get for their dollar is place full of opportunity for those who wish to invest from outside so much higher here.” our community, but equally, for those of us who have lived here all Another single family development, Wynnridge, has also seen inour lives,” Mayor Daykin continues. “Folks coming to our community creased interest from homebuyers from outside of Maple Ridge, inare discovering what many of us have known all along, Maple Ridge cluding several from across the river in Surrey or Langley. “Price is is a great place to live and invest in,” he added. a big factor, but we’re also seeing people move here to be closer to With a staggering 90 parks and other recreational facilities in Maple family,” remarks Nadine Friesen of Falcon Homes, who are currently Ridge and Pitt Meadows alone, what the REIN report doesn’t cap- involved with two local projects, Wynnridge and The Residences at ture is the level of amenities and outdoor activity that’s available here. Falcon Centre. From biking, boating, golfing, fishing and hiking, to horseback riding, “Whether they’re downsizing and want to stay close to their kids and camping, swimming, baseball, lacrosse or soccer, Maple Ridge is grandchildren, or are young families starting out and want to stay in home to provincial parks (Golden Ears Provincial and Grant Narrows the same area as their parents, price and quality of construction have Provincial Park), miles of bike trails, the Maple Ridge Adventure Park both been key factors for our buyers,” Friesen adds. 46 New Homes Magazine |
Visit www.bcnewhomes.ca for details on over 365 local new home developments
March 28 – April 25
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We focus on attention to detail. You focus on saving money. Three bedroom and den single family homes start at $571,900. With the features and craft detail built into the homes at Hampstead, you’ll think you’re buying custom. Whether upgrading or buying your first family home, you’ll appreciate the balance of value with quality home-building, privacy with community, proximity to nature with access to amenities. Make the dream a reality by visiting our Presentation Centre today.
Winner of 5 Georgie Awards including Best Residential Community and Landscape Design. N 136
DEWDNEY TRUNK RD
Road closed until Jan 2014
ABERNETHY WAY
232 ST
224 ST
132 AVE
13555– 230A St, Maple Ridge Open Daily: 12 – 5 pm (except Fridays) Call 604.466.9278 | HampsteadLiving.ca