BURNABY
WEDNESDAY, WEDNESDAY, JANUARY APRIL20, 5, 2016 2017
TRI-CITIES
info@rew.ca • 604-435-7977
REALTORS® in Real Estate Weekly are working hard for you. Whether buying or selling, check out the newest and most amazing homes listed in your neighbourhood.
R E A L E S TAT E W E E K LY
Budget 2017 Promises $11.2bn for Social Housing,
No Cooling Measures for Real Estate
T
he 2017 federal budget announced Wednesday, March 22 put to rest the possibility of national foreign homebuyer taxation or changes to capital gains taxes, while revealing plans for multibillion-dollar investment in affordable housing. Minister of Finance Bill Morneau revealed that the federal government is investing $11.2 billion to support a National Housing Strategy. Moreau considers it, “the largest single commitment in Budget 2017.” The $11.2 billion will be spread out over the next 11 years, and includes: • $5 billion for a national housing fund to support creation of new affordable housing and rental units, administered by the Canada Mortgage and Housing Corporation (CMHC); • $3.2 billion for provincial efforts to
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support affordable housing; • $2.1 billion to address homelessness; and • $241 million for CMHC to improve data collection. In an effort to create a sustainable social housing sector, the government says it will also make more federal land available for housing projects. “We’re repairing nearly 50,000 social housing units, to make sure families have a safe and secure place to live,” Morneau said. There had been widespread speculation that a change in capital gains taxation would be imposed to curb real estate speculation, while keeping the exemption from capital gains tax for those selling their primary residence. However, there was no such announcement. Frank O’Brien, editor of REW.ca’s sister
Vancouver Needs a “Housing Strategy Reset:” City
newspaper Western Investor, told the Real Estate Therapist radio show on Roundhouse Radio March 25 that just because the federal government had not made any changes to the capital gains tax in this budget did not mean they wouldn’t do so separately or next year. “I think the government is setting us up for a big change in the capital cost allowance,” he said. “You have to remember they bring in a budget every year. There’s a lot of paranoia in the market now that the government requires everybody to report the sale of a property. Principal residences are exempt from CCA, but rental income properties are not. So now the more-rigid policing of property sales could expose a lot of people to increased tax, especially if they are selling their principal residence but it has rental units like a laneway house and a basement suite. The government is pulling all this information together and they’re not doing it to send out press releases, I think it’s going to be a major
Buying a Home? How to Optimize Your Offer
tax grab next year – so fair warning about that. This year, we’re being lulled into the pit.” It had even been mooted that there might be a national foreign buyer tax introduced, like the one that Metro Vancouver has had in place since August 2016, but there is no sign of such intervention by the federal government so far. However, feds are investing nearly $40 million over the next five years to create a new nationwide housing database that will track foreign ownership. “The [Housing Statistics Framework] will represent a significant jump forward in the quality and type of housing data available and will yield signifi cant ongoing benefits by enhancing the ability of housing participants, commentators and policy-makers to monitor and analyze the housing market,” according to the 2017 budget. There were no major changes to tax measures, though Morneau said the government is committed to providing a fair tax system to the benefit of the middle class, with details to follow. More than $5.9 billion will be dedicated infrastructure development over the next year, with a focus on transit projects.
Photo Gallery: Whistler Chalet is Epitome of Rustic Luxury
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Tony Alves
Teresa Pang
Centre Realty
604.889.7008
604.617.0189
604.435.9477
www.tonyalves.ca • aalves@sutton.com
#301 - 3000 RIVERBEND, POCO
pangt@sutton.com
#110 - 28 RICHMOND ST., NEW WEST
SE 1ST OPEN HOU PM -4 APRIL 8 & 9, 2
SE 1ST OPEN HOU PM -4 APRIL 8 & 9, 2
BETTER THAN A TOWNHOME A unique and beautifully renovated detached home for less than a townhome. Miele appliances, thick jade like granite tops, bamboo floors and much more to appreciate. Well finished basement with 1 bedroom, possibly 2, spacious rec room, very cozy sunroom with access to large patio. Fully fenced. Come by on the weekend for a look. Beautiful, peaceful location for nature lovers and walkers. Near Traboulay Trails.
Hard to find spacious end units of this size! This well kept townhome of 2480 sq ft sits in a quiet spot of the complex in what is becoming a favorite location of Fraserview. Excellent layout, street level entry from double garage. Large bright kitchen with eating area. LR & DR with F/P with access to main floor deck. 3 good size bedrooms up, walk in closet, 5 pc ensuite with skylite & stunning river views. The finished basement can be adjusted to your ideas, steps onto a private patio for family parties. The central location will quickly get you to skytrain & shopping.
Your Experienced Local Realtors Sutton Group - 1st West Realty
Cell: 604-780-1230 Office: 604-925-2911
AN INDEPENDENT MEMBER BROKER
Jim Gwynn 604-880-0948 jgwynn@sutton.com
604-942-7211
young.vancouverhomes@gmail.com www.youngwanghomes.com
www.sutton1stwest.com
Ivanka Culjak 604-736-1805
$719,999
ivankac365@gmail.com
Surp Rai 604-763-5263 surpsrai@gmail.com
22957 123 AVENUE, MAPLE RIDGE 4 bedroom home with double garage and many renovations. The basement is all new with its own cozy fireplace and one bedroom, bath, sitting room and laundry. The huge covered deck was substantially rebuilt and overlooks a fully fenced yard with a great view of the mountains. Upstairs includes 3 bedrooms, living room, dining room and huge kitchen with access to the covered deck overlooking the Golden Ears. There is new flooring throughout and most appliances are new. New laundry up and new paint. All work was completed with permits.
JIM GWYNN 604-880-0948
Heather Langis 604-720-0091 hlangis@shaw.ca
Orlando Johannson 604-803-4336
John Panrucker 604-230-7390
Marten Felgnar 604-250-4175
Ted Yeoh 604-377-0186
orlandoj@shaw.ca
jpanrucker@sutton.com
mfelgnar@shaw.ca
tedyeoh1@gmail.com
Penthouse like, 35th floor New York glitz and glam! This 2 bedroom, 2 bathroom unit is a one of a kind condo that is sure to astonish you. Perched as the topmost south-east facing suite of the Aviara, this unit boasts 180° panoramic views of the twinkling urban night lights of Brentwood and the majestic North Shore mountains. The expansive 9 ft high wall-to-wall triple pane windows, sleek kitchen with stainless steel appliances, 5-burner gas range and quartz countertops, all add up to superior quality. The exceptional open concept functional floor plan has no wasted corridors and has a completely private balcony to enjoy the everchanging views of distant skylines. Amenities include lounge with entertainment kitchen, guest suite, gym and car wash stalls. Minutes to Gilmore or Brentwood Skytrain, Whole Foods, Save On Foods, Brentwood Mall and more, it is ultra convenient. This spectacular suite comes with many upgrades, 1 parking stall and 1 storage locker, shows like new (but with NO GST), and must be toured to fully appreciate its magnificence!
3508 - 4189 Halifax Street, Burnaby Sussex
$728,000
2397 Marine Drive, West Vancouver, BC V7V 1K9
R E W.ca Âť B U R N A BY / T R I - C I T I ES Âť W E D N ES DAY A P R I L 5 , 2 0 17
604.808.3882 www.mjordan.ca
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NEW PRICE!!!
NEW LISTING
Details at www.mjordan.ca
OPEN HOUSE SAT & SUN APRIL 8th & 9th 2 - 4PM
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Brookside Realty
Coby Jordan Assistant
11212 236A St., Maple Ridge $825,000
309 22327 River Rd., Maple Ridge $699,000
See how my Social Media Pages sell your home fast. www.facebook.com/mjordanrealtor
mjordan@telus.net
www.youtube.com/mjordanrealtor
604.808.3882
Corner lot that offers a lot! Like new condition with LPSUHVVLYH ÀYH EHGURRP à RRU SODQ 3HUIHFW IRU HQWHUWDLQLQJ WZR VWRUH\ JUHDW URRP ERDVWV URFN ÀUHSODFH RII FKHI¡V GUHDP NLWFKHQ ZLWK JUDQLWH FRXQWHUV KXJH LVODQG DQG VWDLQOHVV VWHHO DSSOLDQFHV (QMR\ WKH WUDQTXLO ORFDWLRQ *ULOO \HDU URXQG RQ WKH FRYHUHG GHFN WKDW ORRNV WRZDUGV -DFNVRQ 5LGJH %RQXV ODUJH GHQ RII HQWU\ ZKLFK FRXOG EH IRUPDO GLQLQJ URRP )RXU EHGURRPV XS PDVWHU UHWUHDW HQMR\V D VSDFLRXV HQVXLWH DQG KXJH ZDON LQ FORVHW %DVHPHQW KDV UHF URRP IXOO IRXU SLHFH EDWKURRP DQG ELJ ÀIWK EHGURRP /RDGV RI VWRUDJH DQG SDUNLQJ URRP IRU DOO \RXU WR\V
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CALL 604-808-3882 FOR A FREE HOME EVALUATION
5015 Woodsworth St., Burnaby 6 BEDS, 2 BATH, DOUBLE CAR GARAGE, LANE ACCESS 2441 SQFT OF LIVING SPACE, 55X105 LOT Central Burnaby Home on a Quiet street with beautiful views to the North Shore Mountains! This beautiful updated home features 6 bedrooms & 2 bathrooms on two levels. Main living & dining area boasts laminate oors throughout & large picture windows for plenty of natural light. Good size beautifully updated kitchen features stainless steel appliances and granite countertops. More living space outside, from the kitchen to a huge covered deck to enjoy the mountain views and perfect for entertaining all year long. Both bathrooms are tastefully and professionally updated. Great location with great school ratings, minutes to BCIT, Metrotown, Hwy 1, and transit.
Preview Friday April 7, 4-6 PM and Open House Sat. April 8, 2-4 PM website: www.WinniePak.net
• email: winniepak@remax.net
Personal , Professional , Experienced .. .
Krista Sojka
SOLD!
Call me today!
604-375-9240 Looking for a New Brokerage?
www.kristasojka .com
#10 -1055 Riverwood Gate, Port Coquitlam
Receive the highest level of support from our experienced Managing Broker.
A perfect family home in one of the best locations in Port Coquitlam! Walk to all levels of schools, parks, shopping and transit from this spacious, three bedroom plus den townhome in the highly desirable Mountain View Estates. With an extralarge tandem garage, sunny backyard & patio, huge eat in kitchen with island and tons of storage, 3 bedrooms up with a den or ex space downstairs, there’s room for the whole family to grow. This townhome has been extremely well maintained and is perfectly situated within the complex.
NO FRANCHISE FEES THREE EXCELLENT FEE PLANS STRONG SUPPORT
Rolo Veld Managing Broker
Contact Rolo at 604-782-7327 or rolo@evergreenwestrealty.com 206-1120 Westwood Street, Coquitlam BC, V3B 7K8 T: 604 942 1389 www.evergreenwestrealty.com
$649,900
First showings at Open House Sat Apr 8th and Sun Apr 9th from 2:00 – 4:00. Don’t miss out!
REMAX Lifestyles Realty 22308 Dewdney Trunk Road, Maple Ridge, BC (604) 466-2838
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in house real estate team
NEW LISTING
Alison Steen Jenn McGregor Personal Real Estate Corporation
D L SO
www.inhouserealestateteam.com
604 946 8000
Informed. Invested. Intouch. Jenn McGregor
RE/MAX Progroup 5360 - 12th Avenue Delta, BC V4M 2B3
Alison Steen
WE LOVE this Market. Call us today to discuss Listing your home and getting it SOLD. #414-5055 Springs Blvd, Delta
SOLD
Listed by Royal LePage Regency Realty
$629,000
Bright and cheery Sunningdale Condo in the heart of Ladner. 2 bedroom, 2 bathroom corner unit. Call us today to view.
$469,000 inhouse: Warehouse #109-7188 Progress Way
NEW LISTING
D L O S
Valerie Laurendeau
End unit with over 2300 total square footage to live, work and play in!
$578,000
HAROLD SHURY
Endless Opportunity
604-279-8026
604.603.7333 ValerieLaurendeau.ca ValerieL@remax.net Independently Owned and Operated
Westcoast
110-6086 Russ Baker Way, Richmond BC V7B 1B4 Bus: 604-273-2828 Fax: 604-279-8002
6140 Comstock Road $2,188,000
A little gem on an 8714sf rectangular lot. Move in, hold or build a 3864sf home in this central location. Refinished original hardwood floors, crown mouldings throughout, newer railings, updated bathrooms, 12 yr old furnace, and 5 yr old roof. The ‘flex’ or great room below can be used as a family room, media room, 3rd bedroom, office or a combination of your choice. Bring in your kitchen ideas! Enjoy the spacious southern back yard on the approximately 300sf deck. Great for entertaining. And there is a 44’5×19’1 workshop plus office that is ideal for a home business or for storage. Close to transit, Richmond Centre Mall, Richmond Cultural Centre, art gallery, library, arenas, aquatic centre, Richmond Secondary, Blundell Elementary.
1007-6951 Elmbridge Way $428,000
If you are looking for a rare 1 bedroom 1 bath 559 sf in Onni's Ora, you don't want to miss this! Enjoy the views of the Gulf Islands and the beautiful sunsets! Just move in or keep it as an investment. In-suite laundry, air conditioning, stainless steel Kitchen Aid appliances, oak hardwood floors, quartz counters and 1 secured parking. Ora has one of the best amenities with indoor pool, hot tub, sauna, steam room, racquetball/ squash court, sizeable exercise facility, media room and lounge. Bonus walking distance to the Oval, BMO, T&T, medical clinic, pharmacy, physiotherapy clinic, restaurants and the dyke trails.
11311 No 2 Road
Builders and investors! This 2342 sf house sits on a rectangular 8400 sf lot with a 70' frontage on the edge of sought-after Westwind neighborhood. Build approx. 3770 sf home or hold as an investment property with some of your design ideas! Three bedrooms up and two bedrooms down. Potential suite downstairs for in-laws, family members or live-in nanny. School catchment includes Westwind Elementary & Steveston-London Secondary. Close to Steveston Village, transit, community centre with library restaurants, coffee shops and boutique shopping.
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$1,358,000
Westcoast info@richmondrealty.com E-Mail: info@richmondrealty. y com
#110-6086 Russ Baker Way, Richmond B.C. V7B 1B4
Each office independently owned and an nd operated
SOLD 65-14877 33rd Avenue Townhouse Nicely decorated three bedroom home with new hardwood flooring, updated bathrooms, new appliances and kitchen cabinets. Great central location. Asking $839,000
604-273-2828
Website: www.richmondbcrealty.com www.richmondbcrealty.co y m
D E S A LE Office Lease Upstairs office space with several offices and reception area. 1400 sq.ft. with washrooom. Great location behind Ironwood shopping with good access to HWY 99. Monthly lease rate $1,130.00 plus $573.00 maintenance fee equals $1,703.00 plus GST.
Fraserview Well maintained home with four bedrooms, three bathrooms and gleaming hardwood floors throughout uppper level. Updating includes new roof, hot water tank and furnace. Great location near Fraserview Golf Course and Champlain Mall. Lot 6052 sq.ft. and 2700 sq.ft. living area. $1,798,000 www.haroldshury.com email: hshury@telus.net
D L O S
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www.dexterrealty.com
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale $1,288,000
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Taking our Listings Global
EXCEPTIONAL VALUE Charming character home in prestigious Government Road area. First time on the mkt in 37 years! 4 bdrms, 2 full baths, split level + BONUS loft space can easily be used as a playroom or additional bdrms. Lovingly maintained and beautifully updated over the years with new kitchen, baths, high-efficiency furnace, roof, plumbing, electrical and much more. The backyard is a gardener’s delight with multiple patios designed with separate spaces and plantings with year round interest and colour. BIG workshop complete with 220 wiring and skylight. This is a great opportunity to move into Burnaby’s most sought after neighbourhood! Visit www.fannywong.ca for more info or call.
Our mobile banking specialists are conveniently located.
3826 Phillips Avenue
FANNY WONG 604-263-1144
IN PRINT AND ONLINE Your go-to source for the latest Lower Mainland listings, news and advice
Meet Arthur Lee your local Coast Capital Savings Mobile Banking Specialist. Arthur will come to you where you are, whenever it works for you. Because when it comes to mortgages, you don’t always have time to visit a branch. He can bring you our best products and rates on new mortgages, renewals, and even construction or development financing. So give Arthur a call, he’d love to help. Arthur Lee 604.290.8785 arthur.lee@coastcapitalsavings.com coastcapitalsavings.com
NOW SELLING
23 HOMES SOLD DURING GRAND OPENING! DON’T MISS OUT… MORE HOMES BEING RELEASED THIS WEEKEND
Dewdney Trunk Rd Lougheed
Hwy
MAPLE RIDGE Downtown Ha
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Kanaka Way
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Wynnbrook gives you single family home living in a parkside setting. Set between lush nature and the Albion Sports Complex, it’s the perfect location for active families. Enjoy football, soccer, baseball and a kids’ water park all within walking distance from your front door. Add to that open green space, easy highway access, great schools, and convenient shopping – perfect for today’s busy families.
104 Ave Lou
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240 St
Sales Centre Open: Noon - 6pm (Except Friday) 604.380.4708 | mstarhomes.com
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Close to it all.
T HP R E IS VIE SA W TU IN RD G AY
Artist’s rendering only.
Experience the best of modern living at Stanton House by Polygon. Situated in the growing community of West Coquitlam, this limited collection of one and two bedroom residences is just minutes from transit, shopping, schools and recreational amenities. The perfect place to live the life you always imagined.
NORTH RD
BURQUITLAM STATION
COTTONWOOD AVE
LO U
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HW Y
Move in this spring. Two bedrooms from $489,900 607 Cottonwood Avenue, Coquitlam, BC Open Noon to 6pm daily (except Friday) 604.871.4239 | stantonhouse@polyhomes.com This is currently not an offering for sale. Any such offering can only be made by way of a disclosure statement. E. & O. E.
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BURNABY • TRI-CITIES
W E D N E S DAY, A P R I L 5 , 20 17
Looking for a new home? Start here.
R E A L
E S T A T E
W E E K L Y
The residences at Virtuoso, in UBC’s coveted Wesbrook Village, embrace a central zen garden
Adera’s high-acoustic-performance homes at The Shore in North Vancouver
The now sold-out townhomes at South Ridge Club, Willsbrook
Adera: A Pioneer in Development Innovation This family-owned developer grew from a small operation in 1969 to the leading industry trailblazer it is today
F
amily-owned Adera is one of the province’s most respected multidisciplinary real estate companies, with nearly five decades of experience. Growing from a small operation in 1969, it has firmly established itself as a leader in innovation; a company that prides itself on its commitment to superior quality, the environment, the communities it serves, its employees, clientele and embracing the West Coast lifestyle. Adera’s culture is one that continuously pushes the boundaries of innovation while exceeding building code standards. Over the years, Adera has amassed a world-class port-folio that includes the development of more than 10,000 homes, and more than 3.5 million square feet of commercial space. Adera introduced its trademark Quiet Home™ construction technology in 2013, which has been certified as equal to or better than concrete built to code. “When touring the display homes, people can’t hear construction occuring only a few floors above,” says Eric Andreasen, VP of sales and marketing. “Sound transference
between floor and party walls – both airborne and impact – are significantly decreased so home owners can enjoy the comfort of their new home in peace and quiet.” With its North Shore condos – The Shore – Adera debuted the acoustically high performing wood-frame building technology in Western Canada. The awardwinning developer’s six-storey, low-rise building showcased a superior acoustic specification, which significantly reduced sound transmission between private residences. In another first, says Andreasen, Adera is now using Cross Laminated Timber (CLT) at its UBC project, Virtuoso. CLT is a mass timber product created from engineered wood panels with wood from sustainability harvested forests. Each CLT panel is typically 3 to 7 boards think, laminated at high pressure to create a strong luxury building material. “Imagine a slab of wood replacing a slab of concrete for the floor. Mass timber performs as well as, if not better, than concrete in most circumstances. It is lighter,
easier to work with and more sustainable. We feel it’s the way of the future,” he adds. Another example of Adera’s commitment to the environment is its multiple-awardwinning Seven35 – a collection of 60 urban stacked townhomes in North Vancouver. Seven35 was the first Multi-family LEED for Homes Platinum project in the country, and was Built Green Gold for several
sustainable features, such as its Waste Water Heat Recovery system and low VOC emission carpets. “Sustainability is baked into our DNA,” says Andreasen. “It’s important from a triple bottom line; lower monthly costs for our customers, personal satisfaction for us and it’s the socially responsible thing to do for the planet.”
Adera management team at the international Gold Nuggets Awards
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