BURNABY / TRI-CITIES Jan 25, 2017 Real Estate Weekly

BURNABY

WEDNESDAY, JANUARY 25, 20, 2017 2016

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

Original Springdale Division Home 5478 HEATHDALE COURT, BURNABY NORTH

One owner since 1970. Big home in a cul-de-sac, pie shape lot with back lane access for parking. 180 degree sweeping view of the West, and North Mountains. Newer roof; well maintained. Move in to redecorate to your own WEST REALTY taste. Big 7200 sqft lot with slope & a great garden. Covered sundeck off the dining room (16.9’x12.6’). Above ground basement has suite potential.

This is a 2 level home.

$1,888,888

Erissa Yong-Wilson 604-880-8683

erissa@evergreenwestrealty.com Listing agent

Roloff Veld

604-782-7327

roloff@evergreenwestrealty.com Managing Broker GO TO

REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE

Condo Prices “Can’t Not Go Up” in 2017: Local Agent

Ever Guessed How Much the White House is Worth?

CMHC Insurance Premiums Increasing in March

•2

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 JA N UA RY 2 5 , 2 0 17

Your Experienced Local Realtors

$489,900

DO

WN

Sutton Group - 1st West Realty

SIZ

AN INDEPENDENT MEMBER BROKER

604-942-7211

John Panrucker 604-230-7390 jpanrucker@sutton.com

ING

?

www.sutton1stwest.com

OP

$2,100,000

Orlando Johannson 604-803-4336

EN

orlandoj@shaw.ca

SU

N2

-4

Jim Gwynn 604-880-0948

R2131124

jgwynn@sutton.com

1905 EDGEWOOD AVENUE, COQUITLAM LUXURIOUS PRIVATE 7 bedroom, 6 bath spectacular home with LANE access in central Coquitlam beside Laurentian Park. Close to Hwy. 1, shopping, recreation centre and schools. Entertainers delight with a full Spice Kitchen with high-end appliances, Quartz counter tops and Marble tile flooring and access to a huge balcony from the kitchen and family room. On the lower floor there is a LEGAL 2 bedroom SUITE completely self contained. Separate from that is a huge Media room with built-in speakers and a wet bar and also another bedroom and bath.

On the top floor there are 4 bedrooms plus laundry. The master bedroom includes a luxurious ensuite, walk-in closet and balcony to enjoy the views.

HEATED floors on all 3 floors and central A/C.

John Panrucker 604-230-7390

Sought after Holly Lane in Pitt Meadows

Ivanka Culjak 604-736-1805 ivankac365@gmail.com

t

t CFE CBUI t .BTUFS PO UIF .BJO t .BOZ VQEBUFT ,JUDIFO ýPPSJOH QBJOU GVSOBDF IPU XBUFS UBOL MJHIUJOH 3FBEZ GPS NPWF JO

t QBSLJOH TQPUT BOE 37 QBSLJOH t $PNQMFY IBT SFDFOU SPPG BOE HVUUFST t 8FMM NBJOUBJOFE DPNQMFY DMPTF UP BMM ZPVS BNFOJUJFT

Peter Dushop Re/Max Lifestyle Realty

604.765.7934 Marten Felgnar 604-250-4175

Heather Langis 604-720-0091

Linda Song 778-990-6322

Surp Rai 604-763-5263

mfelgnar@shaw.ca

hlangis@shaw.ca

lsong@sutton.com

surpsrai@gmail.com

22308 Dewdney Trunk Rd., Maple Ridge

www.dexterrealty.com

604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale NEW LISTING

Taking our Listings Global $278,800

ED

ER

P

C RI

E

C DU

COURT ORDERED SALE ATTENTION RENOVATORS AND INVESTORS

Fantastic Metrotown Burnaby condo being sold 'As Is, Where Is'. This bright, large one bedroom unit is completely ready for ALL your ďŹ nishing touches - in a well maintained CONVENIENTLY LOCATED strata building.

Private ground level patio and garden area.

Complete this unit yourself for immediate up-side potential. Amazing central location blocks away from ALL the amenities on an outstanding street! The Buyer/s should independently verify all listing information.. #106-6669 TELFORD AVENUE DAVID YOUNG 604-263-1144

Looking for a New Brokerage?

Designer craftsman that resonates modern chic. Cozy and welcoming sits this custom 2 storey w/bsmt home in a secluded gated community of select homes. Unique home was built with absolute comfort & quality in mind with refinement and finesse in every detail. Beautiful living space with feature fireplace and stunning floors carried throughout. Gourmet kitchen with lovely attention to functionality.

Stainless steel appliances, coffee area, eat-up bar, & built-in dining area with room for 12. Master on the main with huge walk-in and a sleek ensuite with double sinks, vanity area & private water closet. Rear private patio provides harmonious river and mountain views. Step inside and let it speak for itself. Less than an hour east of Vancouver.

34635 GORDON PLACE, HATZIC BENCH $894,900

Receive the highest level of support from our experienced Managing Broker.

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

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 5 , 2 0 17

3•

Michele Cummins PERSONAL REAL ESTATE CORPORATION

Little O Oak Realty

604-820-0555

www.michelecummins.ca

mcummins@remax.net

#1 AGENT OF RE/MAX IN THE FRASER VALLEY & TOP 1% OF ALL FRASER VALLEY REALTORS

Open House Sat. January 28th from 11am-1pm O m 973 Irvine St., Coquitlam • $1,500,000 Not a drive-by! MUST BE SEEN! Reno’s made for entertainers. Potential for 3 Living S es, Spaces!

Large GOURMET kitchen w/ extensive GRANITE counters & all top appliances, ng 2 TV’s & EXTR LARGE ISLAND. Original HARDWOOD flrs flow throughout. Everything OVERBUILT for long term piece of mind. Large DETACHED 30x30 GARAGE & WORKSHOP w/ 10’ drs, 2 HOISTS & back lane access!! GATED, FULLY FENCED private yard. Extra wide/large decks front & back to enjoy both sunrises & sets.

Gas line BBQ’s & more. This is a MUST SEE to understand. 5 min to transit, West Coast Express & future Skytrain. Easy access to #7 Hwy. Flr plans avail!

2 New Home Developments on Mt Woodside

Open Weekends!

Introducing The Largest Passive House Community in Canada.

Come visit our presentation center Saturdays & Sundays from 12-5pm

Register for both developments online at

www.michelecummins.ca Presentation centers: GPS/Google Maps: Highlands Blvd, Kent BC

Developed by:

W

NE

Phase 1 sold out in record time, Register now for PHASE 2 of the Largest Power Smart Community in BC. Come visit our Show Home Fridays, Saturdays and Sundays from 12-5pm Developed by:

LAND ASSEMBLY

COMO LAKE AVE. LAND ASSEMBLY Coquitlam • $1,498,888 each (side-by-side properties) Centrally Located near SkyTrain Station, Schools, Bus Stop, Shops and Como Lake Park! 4 side-by-side properties to be sold in conjunction as land assembly - development potential to C1.

1859 Falcon Place, Agassiz • $999,900 Almost 4,000 sqft craftsman style home built in 2016 on a 15,796 sqft lot backing onto Green Space w/ VIEWS of Mountains all around.

Private yard has 40x20 in-ground pool.

SOLD

SOLD

32647 Willingdon Street, Abbotsford • $575,000

314-20125 55A Ave., Langley • $329,900

Large, well maintained Cape Cod 1.5 storey home w/fully finished bsmnt. Roof is 1 yr old Quick Possession Possible.

2 bed, 2 bath Top floor End Unit w/ a Beautiful view of Mt. Baker! This 1230 sqft condo has updates throughout, a private 250 sqft balcony and is just a short walk from Shops & Services

204-2752 Allwood Street, Abbotsford • $299,999

1080 sqft of Bright, New, 2nd floor Commercial Space w/ Elevator & Stair access.

WANT TO SELL? PROPERTY EVALUATION FREE OR BY DONATION TO

6.4% Cap Rate

FEEDING HOPE, CHANGING LIVES.

For Sale $300,000 or Lease $8.50 SQ FT 202 - 1945 McCallum Rd., Abbotsford

201 - 1945 McCallum Rd., Abbotsford • $500,000

7179-7189 Horne Street, Mission • $1,009,800

1196 sqft Office Space w/ High Traffic Exposure Near Hwy #1 & Hospital. Ready for occupancy

1871 sqft Office Spacious w/ High Traffic Exposure near Hwy #1 & Hospital. Rented w/ 5 yr lease in place.

HIGH EXPOSURE w/ Big Potential. Leased to Car lot w/ sales office & Mech. Shop.

•4

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 5 , 2 0 17

S AY W D I E UR EV AT PR S IS

TH

THE CENTRE OF AT TENTION

SALES OFFICE 3096 Windsor Gate, Coquitlam Open noon to 5 pm daily (except Friday) 604.941.8305 mantyla@polyhomes.com

Mantyla is the final collection of apartment residences within Windsor Gate, Polygon's vibrant master-planned community in the heart of central Coquitlam. Experience sophisticated two and three bedroom homes and a private, five-star clubhouse within Coquitlam’s most sought-after community. Outside, a range of amenities await — from top-rated schools and the new Evergreen SkyTrain extension, to scenic Lafarge Lake and Coquitlam Centre.

This is currently not an offering for sale. Any such offering may only be made by way of a disclosure statement. E.& O.E.

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 5 , 2 0 17

S E T Y O U R S E L F A PA R T

Sussex is the best of both worlds. ) Y]QM\ \ZMM TQVML [\ZMM\ W‫ ٺ‬MZ[ \ZIVY]QT TQ^QVO QV \PM J][\TQVO PMIZ\ WN 5M\ZW\W_V With unobstructed views, distinctive IZKPQ\MK\]ZM IVL M`XIV[Q^M IUMVQ\QM[ ;][[M` \Z]Ta [M\[ aW] IXIZ\

REGISTER NOW 5M\ZW\W_V¼[ UW[\ [WXPQ[\QKI\ML VM_ ILLZM[[ IVL JMLZWWU PWUM[

TOWNLINE.CA

This is not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E. Sales by MLA Canada Realty.

5•

•6

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 5 , 2 0 17

ABOVE ALL ELSE LEVEL 49

SKY LOUNGE 2,600 SF

LEVEL 28

LIFESTYLE AMENITIES 6,650 SF

COQUITLAM’S TALLEST TOWER boasts over 20,000 SF of indoor and outdoor amenities and access to the Evergreen Line Skytrain directly across the street.

MEZZANINE

OUTDOOR AMENITIES 7,600 SF

LOBBY 3,000 SF

the intersection of life + style coming spring.

Register now

567LIVING.COM This is not an offering for sale. Any such offering can only be made with a disclosure statement. Prices are subject to change without notice. Artist’s renderings and maps are representations only. E.&O.E. Marcon Clarke Homes Ltd.

*

HALIFAX ST

WY EED H LOUGH

T

N

*Based on 65% financing, 2.35% interest rate (current 5 year fixed rate) and 30 year amortization period. Limited time offer only applies to select units. Savings up to $22,000.

This is not an offering for sale. Any such offering for sale can only be made with the applicable disclosure statements. E&OE

TRIOMPHERESIDENCES.COM

10,000 SF PRESENTATION CENTRE WITH TWO FULL DISPLAY SUITES Unit B–4247 Lougheed Hwy, Burnaby, BC | Open Daily from 12 –5PM (except Fridays) 604.828.1373 | info@triompheresidences.com

VISIT US TODAY TO TAKE ADVANTAGE OF THIS OPPORTUNITY!

+ Air conditioning in every home + 9' ceilings + Triomphe Pavilion: 3-storey amenity building with swimming pool + Extra large balconies + Forever views + Close to new Whole Foods Market + Steps to Gilmore Station + One block to Vancouver + 15 minutes to Downtown Vancouver + 5 minutes to Second Narrows bridge

10 REASONS TRIOMPHE IS THE BEST OWNERSHIP OPTION

1 Bedroom starting from $380,000s 2 Bedroom and 1 Bath starting from $470,000s 2 Bedroom and 2 Baths starting from $580,000s

DEVELOPER PAYS 50% OF YOUR MORTGAGE PAYMENTS FOR 2 YEARS!

HOME OWNERSHIP MADE EVEN EASIER.

THTH MM / 0 0/ 0 6 73 $ $ RESIDENTIAL LUXURY IN BRENTWOOD. OR R

GILMORE AVE

F FO N E HS D + BAT RM + 2 D 1 B RM D B 2

BOUNDARY RD

*

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 5 , 2 0 17 7•

BURNABY • TRI-CITIES

W E D N E S DAY, J A N U A R Y 2 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

Vancouver Sets Record Year for New Housing Starts in 2016: CMHC

N

ew home construction starts saw a seasonal decline in December, but 2016 overall was a record year for housing starts, according to figures released by the Canada Mortgage and Housing Corporation (CMHC) earlier this month.

Housing starts in the Vancouver Census Metropolitan Area (CMA) were trending at 25,980 units in December compared with 27,455 units in November, said the CMHC. The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“Total housing starts trended lower in December, but were in line with the monthly average for 2016,” said Robyn Adamache, CMHC’s principal market analyst for Vancouver. “Starts in 2016 set a new record for the region that was bolstered by strong rental construction in the cities of Vancouver, New Westminster and Surrey.”

Housing starts in the Abbotsford-Mission CMA in December were trending at 889 units, down from 970 units in November.

The CMHC noted that this downward trend

was spread evenly across all home types.

Nationwide, the housing starts trend measure across Canada was 198,053 units in December, slightly down from 200,105 units in November, reported the CMHC. The housing agency noted that Canada still counted more home starts in 2016 than 2015, with increased demand for single-family homes more than offsetting a national decline in multi-unit construction – “a decline that’s in response to efforts to manage current inventories,” added the report.

CMHC uses six-month moving averages to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations, said the CMHC, analyzing only the monthly seasonally adjusted data can be misleading in some markets, as they can be variable from one month to the next.

Building Permits Metro Vancouver’s building permit values bucked the national trend by surging ahead in November, according to

Statistics Canada data, also released in mid-January.

The Vancouver CMA issued $709 million worth of new home construction permits in November, said the federal statistics agency – a jump of nearly 40 per cent over an already-strong October, and more than 30 per cent higher than November 2015.

The month-over-month rise was led by another slew of permits issued for new condo-apartment buildings, for which there were more than $503 million of permits issued in November, a 71 per cent leap over October’s values and up 41 per cent compared with the same month the previous year.

The condo permit value was more than three times that of detached-house permits issued in November, which stood at $146 million. This was still a rise of nearly 12 per cent year over year and 20.3 per cent month over month.

However, Vancouver’s townhouse and row home permit values saw a weaker month after a strong showing in October, dropping nearly 39 per cent in November to $52.2 million. This was still a slight year-

over-year rise of 1.1 per cent.

Values of new duplex construction permits, which are highly fluctuating as they are a much smaller segment of the market, increased again in November to $3.4 million, up 49.3 per cent year over year and 28.6 per cent since September.

The same trend was reflected across the province as a whole, with $962.7 million of home building permits issued in November. This is a rise of 34.2 per cent from the same month last year and 21.4 per cent compared with October.

Across the country, however, building permit values slid in November after a record-breaking October, with the $4.4 billion total value a drop of 23.1 per cent month over month. The gains seen in BC and Quebec were not enough to offset monthly declines in nine provinces and territories, including Ontario (-12.1 per cent) and Alberta (-74 per cent). Despite this, the national total for November was still a 33 per cent rise over the value of permits issued in November 2015, with only Alberta reporting a year-over-year decline.

In Print > Online > Your comprehensive source for local real estate news and listings