BURNABY
WEDNESDAY, JANUARY 20, 2016
TRI-CITIES
info@rew.ca • 604-435-7977
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Vancouver Homes Sales in 2015
Break Records, Rise 28%: Board
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015 was a record-breaking year for Greater Vancouver real estate, with sales totalling the most ever recorded, according to Real Estate Board of Greater Vancouver (REBGV) data released in early January. Sales of residential properties across the year totalled 42,326, a 27.8 per cent increase when compared with the 33,116 sales recorded in 2014. However, the number of homes listed for sale in Greater Vancouver last year increased by just 2.1 per cent year over year. With sales-to-listings ratios of more than 25 per cent for 11 out of 12 months in 2015, it was a strong sellers’ market for much of the year, said the board. “Home buyers were active and motivated throughout 2015 despite the pressure on supply of homes on the market,” said Darcy McLeod, REBGV president. “Housing markets typically experience quieter periods within a calendar year, but that wasn’t the case in
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Metro Vancouver last year.”
Sales and Listings In December 2015, Greater Vancouver home sales rose 33.6 per cent year over year to 2,827 units, compared with the 2,116 sales recorded in December 2014. This is an anticipated seasonawl decline of 19.8 per cent decrease compared with the 3,524 sales in November 2015. Broken down by housing type, detached home sales increased 36.4 per cent year over year. Unlike the previous few months, this increase was the fastest growth rate of the three property types. There were 1,136 singlefamily home sales in December, compared with the 833 sales in December 2014. Townhomes and other attached properties saw a slightly slowing rate of annual sales growth in December. The 466 units sold represented a 25.6 per cent increase over the 371 units in December 2014. Sales of condominium-apartments totalled
Local Developer Aims to Offer New Condos with 0% Down
1,225 in December, an increase of 34.3 per cent compared with December 2014 and once more the highest total sales of the three property types. The shortage of property listings unsurprisingly continued in December. The total number of properties listed for sale as of December 2015 in Greater Vancouver stands at 6,024, a 41.6 per cent decline compared with December 2014. The total number of Greater Vancouver homes listed for sale last year increased by just 2.1 per cent year over year to 57,249, compared with the 56,066 properties listed in 2014. December was the 10th consecutive month that the sales-to-active-listings ratio has been above 30 per cent in Metro Vancouver, meaning that the strong sellers’ market conditions continue to strengthen further.
Benchmark Prices Metro Vancouver’s combined residential
Offshore Investors Make Up 7% of Vancouver Buyers: Notaries
property type benchmark price yet again set a new record in December, now at $760,900. This is an 18.9 per cent increase compared with December 2014 and a 1.1 per cent rise over the price recorded in November 2015. The price of a Metro Vancouver singlefamily home increased 24.3 per cent over December 2014 to $1,248,600. This was once again the fastest annual price growth of all the home types. The benchmark price of a townhome or other attached unit increased 13.6 per cent between December 2014 and 2015 to $543,700. Continuing the price surge seen in October and November, condo-apartment benchmark prices rose 14 per cent year over year again, to $436,200, reflecting the increase in demand from buyers pushed out of the detached home and townhouse market, and the dramatically rising cost of land for new condominium development.
Home Prices in Vancouver to Rise Another 9% in 2016: Royal LePage
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R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY JA N UA RY 2 0, 2 0 1 6
Monet
604.763.4307
TYLER 2015
2015
Sussex
2015
#10 Royal LePage Realtor in BC, 2015
monet@monettyler.com
www.monettyler.com
Happy New Year! "The market is off to a great start! I need homes and townhomes to sell"
SOLD
58 Spruce Court
SOLD
$1,278,000 284B Evergreen Drive
SOLD
$418,000 203 April Road
jnlky@yahoo.com
Centre Realty 604.435.9477
Glen Klassen 604-220-4408
VER
WE
$1,
060
,00
0
pangt@sutton.com
103-5000 IMPERIAL ST., BURNABY • $288,000
glenrklassen@shaw.ca
U NCO A V ST
604.617.0189
www.tonyalves.ca • aalves@sutton.com
AN INDEPENDENT MEMBER BROKER
www.sutton1stwest.com
$498,800
Teresa Pang
604.889.7008
Sutton Group - 1st West Realty
604-942-7211
$1,125,000 19 103 Parkside Drive
Tony Alves
Your Experienced Local Realtors
Lee Yau Nobrega 604-418-7862
SOLD
E US PM O H -4 EN Y 2 P A O D N SU
Surp Rai 604-763-5263 surpsrai@gmail.com
Luna, this contemporary designed building located with walking distance of the Metrotown community. Making life easy with endless shopping choices, service, recreation & transportation. This one bedroom + den unit is located on the ground floor with its own private entrance and a private patio for summer BBQ. Stainless steel appliances, granite counter top, high ceiling, window seat and new paint throughout the unit. It shows like new. This is a great opportunity for 1st time buyers or investors. Shows like new - best asking price in Burnaby for one bedroom & den of this age.
390 W. 16TH AVENUE, VANCOUVER
Vivian Tsui 778-228-2096 vtsui@sutton.com
Custom 1/2 Duplex Built by JDL Homes has a large EAST facing private yard & PATIO w/gas BBQ line. Open concept main floor living space with HIGH END Appliances - Blomberg DW, FRIDGE, WASHER/DRYER. Quartz countertops in kitchen and bathrooms. Birch hardwood floors and plush carpets on 2nd floor. Master Bedroom with vaulted ceilings & ensuite with in floor heat. Quiet Heat Recovery System, alarm, sprinkler & gas fireplace. Huge crawl space with 2 access entries. Central location between Cambie and Main. Short walk to Mount Pleasant Park & Simon Fraser Elementary. Buy with Confidence, 2/5/10 Year New Home Warranty.
Looking for a New Brokerage? Receive the highest level of support from our experienced Managing Broker.
For more information, please call Glen Klassen 604-220-4408
NO FRANCHISE FEES THREE EXCELLENT FEE PLANS STRONG SUPPORT
John Panrucker 604-230-7390
Ted Yeoh 604-377-0186
Peter P.T. Chan PREC 604-351-2833
jpanrucker@sutton.com
tedyeoh1@gmail.com
chanp@sutton.com
Roloff Veld Managing Broker
Contact Roloff at 604-782-7327 or roloff@evergreenwestrealty.com 206-1120 Westwood Street, Coquitlam BC, V3B 7K8 T: 604 942 1389 www.evergreenwestrealty.com
R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY JA N UA RY 2 0, 2 0 1 6
PRESENTS AN EVENING WITH TONY GIOVENTU “The Civil Resolution Tribunal: Strata Owner’s Access to Justice” Tony Gioventu Executive Director of Condo Homeowners Association
www.choa.bc.ca
Shannon Salter
&
Chair - Civil Resolution Tribunal
www.civilresolution.ca
Understanding how the Civil Resolution Tribunal (CRT) will model accuracy and disclosure of information for buyers and sellers of strata properties in British Columbia. Join Shannon Salter, chair of the CRT and Tony Gioventu executive director of CHOA as they discuss the application and benefits of the tribunal for strata owners, council’s, buyers and sellers. Along with updates on Depreciation Reports and general Q and A.
Wednesday, February 10th, 2016 7:00 pm - 9:00pm (Doors: 6:30 pm - Discussion: 7:00 pm followed by Q & A)
Heritage Hall, 3102 Main Street, Vancouver Light refreshments will be served compliments of Dexter & Pillar To Post Home Inspections Event is Compliments of Dexter Associates Realty & CHOA Limited Seating - Please call & confirm with a Dexter Office By February 2, 2016 2094 West 43rd Avenue Vancouver, B.C. Phone 604-263-1144 Dexter Kerrisdale
1399 Homer Street Vancouver, BC Phone: 604-689-8226 Dexter Yaletown
3731 Main Street Vancouver, BC Phone: 604-263-1144 Dexter Main Street
Chad August
MARILOU APPLEBY 604-263-1144
Brookside Realty
604.318.5254 WWW.CHADAUGUST.COM
DEXTER ASSOCIATES REALTY 6975 ARCOLA ST.
$1,188,000
chadaugust@shaw.ca
SMART MONEY LANDS HERE Solid mature beauty is ready to go. This well-cared for 5 bdrm/3 bath family home has many options for the astute buyer. Ask me about possible land assembly. Close to great schools,shopping and transit. Private viewing only.
$237,500
Whistler-inspired condo in one of the best locations in Central Port Coquitlam. This one has it all, location, mere steps away from Coquitlam River, walking trails, Gates Park, shops, restaurants, transit! Fantastic floor plan, kitchen has beautiful granite countertops, stainless steel appliances, gorgeous dark wood floors. Cozy gas fireplace and a bonus large west-facing patio. Nice quiet setting. 304-2336 WHYTE AVE. CANDACE FILIPPONI 604-809-4403
Taking our Listings Global NEW LISTING
2 BEDROOM AT KEY WEST SPACIOUS open concept condo in fantastic location! Close to schools, shopping, transit and highways. Refreshed with new paint throughout and new laminate floor in 2nd bedroom/den. Cozy up to the gas fireplace in the winter and enjoy BBQs with friends on the large patio in summer! Welcome home! 102-1999 SUFFOLK AVE Vaune Kolber 604-506-7534
#207-11566 224th St • $219,900
$599,000
RIVERS EDGE 11580 223rd Starting at $194,900
V1142241
1 bed + den, (could be 2nd bed)
1bed – 1bed/den (715sq – 1075sq ft )
Amazing water views
Water Views, Steps to W.C express
Just like new investor friendly
www.dexterrealty.com
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale
GREAT CONDOS MOVE IN IMMEDIATELY
8 3 units remaining
2 PENTHOUSE UNITS
802 12069 Harris Rd $234,900
1003-12069 Harris Rd $1,368,000
1006-12067 Harris Rd $1,248,000
R2016194
R2106903
R2016695
2705-651 NOOTKA WAY
THIS IS THE ONE! WELCOME HOME TO THE SAHALEE by POLYGON! Vibrant, modern, urban and well-connected - This 27th floor EXECUTIVE 2 BEDROOM SUB-PENTHOUSE CORNER UNIT features a panoramic wrap-around deck with views of both water and mountains; as well as 9ʼ ceilings, gourmet kitchen w/ stainless steel appliances, granite counter tops, engineered hardwood flooring, all wrapped up in an amazing 1,063sq.ft. of livable space, providing you with incredible room, privacy, views and quality of life!
David Young 604-329-3288
Just under 2300sq ft 2 bed + den Spectacular views
Over 2000sq ft 2bed, den + media Great s/w views
1bed 1 bath Approx 600sq ft Golden Ears Mtn Views Investor Friendly
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R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY JA N UA RY 2 0, 2 0 1 6 Personal ,Professional ,Experienced...
nd
Bra
Krista Sojka
ng isti L New
SOLD!
Call me today!
604-375-9240
www.kristasojka.com
OPEN HOUSE SUNDAY JANUARY 24TH 12:00-4:00 PM #411-500 Klahanie Drive, Port Moody NEW LISTING!
You'll love the peace and quiet of this bright, sunny, very well-kept top floor unit at Klahanie. Just steps to the new Evergreen Line station, Rocky Point Park, and all the shops and restaurants at Newport Village and Suter Brook, you can leave your car at home! And don't forget the fabulous Canoe Club with over 15,000 sq ft of amenities including outdoor pool and hot tub, exercise room, billiards & movie lounges, ball court, guest suite and more. Bonus - 500 Klahanie has its own guest suite & party room as well. Master bedroom is big enough for King Size bed, has a large ensuite and a walk-in closet. 1 extra wide parking spot, secured bike rack and storage locker complete the perfect condo living package!
REMAX All Points Realty Group #101 – 1020 Austin Ave. Coquitlam, BC Ph. (604) 936-0422 Fx. (604) 936-2751
5111 & 5113 Ewart St., Bby • 4 Bedrooms, 3.5 bathrooms each • One bedroom suite potential • Brand new • Side by Side Duplex
OPEN HOUSE Sat., Jan 23 1pm-4pm Sun., Jan 24 1pm-4pm New Listings Direct to Your Inbox
GET YOUR FREE PROPERTY ALERTS
no sass just class
604.328.4345
Regency Realty Ltd. Independent owned and operated
1333-56th Street, Delta, B.C. V4L 2A6
SOLD LAGOON LIVING Cosy 1 Bedroom Apartment in Windsor Woods. Enjoy morning coffee on your waterside patio on the lagoon. Lovingly cared for by present owners. Very well maintained complex. l year old roof. 201-1363 56th Street offered at $235,000.
Sandy
Your biggest investment deserves professional expertise, contact: Perry | 604.328.4345 | www.sandyperry.com | sandyperryrealty@gmail.com
R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY JA N UA RY 2 0, 2 0 1 6
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R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY JA N UA RY 2 0, 2 0 1 6
FI N
FAMILY HOMES ON BURKE MOUNTAIN In the natural setting of Coquitlam’s Burke Mountain, Colborne Lane by Polygon is a rare find. Its spacious three and four bedroom duplex homes boast breathtaking views, ample patios and yards, and gourmet kitchens with extra-large islands. Best of all is Colborne Lane’s location. Peaceful neighbourhood trails are close at hand, and so are the conveniences of SkyTrain, schools, shopping and all the amenities of Coquitlam Centre.
DEVONSHIRE AVE
COAST MERIDIAN RD
HIGHLAND DR
N DAVID AVE
FI N A L H OM ES N OW SEL L I N G FROM $69 9,90 0 340 0 D E VO NSH I RE AVEN U E, CO Q U ITL A M O PEN N O O N TO 5 PM DAI LY (E XCEPT FRI DAY) TELEPH O N E: 604.949.8655 CO LBO RN EL AN E@ P O LYH O M ES.CO M
AL
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LIFE ABOVE IT ALL
THE TALLEST TOWER · COMING SOON TO SFU
Located in the sought after West Highlands Neighbourhood, The Peak at SFU features over 10,000 sq ft of holistic amenities. Steps from one of Canada's most prestigious universities, these 1, 2 & 3 bedroom concrete residences offer the most incredible panoramic views in the province at unbelievable value.
VIP PREVIEWS BEGIN FEBRUARY 2016.
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REGISTER NOW. PEAKATSFU.CA
AN IMPRESSIVE OPPORTUNITY BROUGHT TO YOU BY INTERGULF Intergulf has a long history of successful development at SFU's UniverCity, starting with the pioneering Novo residences in 2004. Led by our innovative Intergulf Intelligence philosophy, our approach emphasizes thoughtful planning - from identifying the location, to executing every last detail with the highest standards of quality and craftsmanship.
Presentation Centre Coming Soon at 8955 University High Street, Burnaby · 604 559 5795
NT SE RE
PRICE & AVAILABILITY SUBJECT TO CHANGE WITHOUT NOTICE. THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING CAN ONLY BE MADE WIT H DISCLOSURE STATEMENT. E.&O.E.
ONE BEDS PRICED FROM $249,900 · TWO BEDS PRICED FROM $365,900
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BURNABY • TRI-CITIES
WEDNESDAY, JANUARY 20, 2016
Looking for a new home? Start here.
R E A L
E S T A T E
W E E K L Y
Resort-style living is yours at LOUGHEED HEIGHTS
T
he Bosa family’s BlueSky Properties, in partnership with Bosa Properties, award-winning builders behind some of the Lower Mainland’s most iconic developments, are once again about to change West Coquitlam’s skyline. In 2014, Bosa unveiled Uptown, a new luxury condominium development in the same neighourhood, which garnered positive reviews and sold out extremely fast. Welcome to Bosa’s newest project Lougheed Heights. In the epicentre of this sought-after postal code – close to SkyTrain, Lougheed Town Centre, excellent schools (including SFU), shops, restaurants – a renaissance of sorts is about to rise with this master planned community. Once completed, it will consist of three towers, the first being a 37-storey concrete building featuring a sophisticated collection of 334 homes. So why are home buyers excited about this newest project? For one, it will feature private resort-style amenities. Club BlueSky at Lougheed Heights will boast more than 24,000 square feet of leisure space over
three levels, showcased by a heated outdoor pool on third-floor rooftop complete with cabanas and lounge chairs, a barbecue terrace with fire pits and harvest table and children’s playground. For fitness enthusiasts, there will be a fully equipped fitness centre with its own basketball sport court and steam and sauna rooms. In addition, Club BlueSky will showcase an entertainment lounge and games room, a separate private dining room and chef kitchen, a theatre screening room, two acoustically engineered music rooms and a business centre with meeting room and private study pods. Designed by award-winning architect Chris Dikeakos, the tower will feature generous decks and balconies – great for entertaining or for taking in the sweeping views
of the cityscape. Inside these West Coast contemporary condominiums, the design is understated yet sophisticated, cozy yet clean. They consist of one-, two- and three-bedroom residences varying in size from 504 to 1664 square feet. In addition, there will be two larger subpenthouses and three penthouses on the 36th and 37th floors. Most of the one bedroom homes will come standard with BosaSPACE, a functional concept that was recently introduced in Bosa’s University District and RiverSky communities. BosaSPACE homes will include the ExtenTABLE, which can transform from kitchen island to long table for eight. In addition, they will also have the SleepTHEATRE, a shelving unit which slides open to reveal a
sofa/guest-bed behind the television. “West Coquitlam is set to be one of Metro Vancouver’s most promising new communities and that’s why we have invested so heavily in the Evergreen corridor,” says Dale Bosa, CEO of BlueSky Properties. This community is fast becoming known as one of the most desired neighbourhoods in the city and Lougheed Heights will grow right alongside it. West Coquitlam’s reputation is that of Metro Vancouver’s next rapid transit community and Lougheed Heights is steps away from the existing Millennium Line and the future Evergreen Line. With prices starting from $279,900, Lougheed Heights is affordable luxury in the heart of a re-energized community. The sales centre is located at 581 Clarke Road (at Como Lake Ave), Coquitlam and is now open for preview from noon to 5pm daily. Register for more information at www.blueskyproperties.ca, or contact the sales team at 604-939-2677 or email: lougheed@blueskyproperties.ca. Tentative occupancy is slated for winter 2018.
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