BURNABY
WEDNESDAY, WEDNESDAY, JANUARY JULY 20, 2016
TRI-CITIES
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R E A L E S TAT E W E E K LY
WHAT’S HAPPENING IN GIBSONS? T
he gentle, historic, tourist town of Gibsons on the Sunshine Coast, popular with summer day-trippers and the retirement set, is about to undergo massive changes, the like of which locals have never seen before. A huge new resort hotel, residential and marina development in the heart of the town is set to be a game-changer – not just for Gibsons but potentially for the whole of the Sunshine Coast. The George in Gibsons, named after the town’s founding father George Gibson, will comprise a 116-room five-star hotel, expansive conference facilities, a massive “destination” health spa, a new boardwalk with new restaurants, a new marina and a 40-unit luxury waterfront condo building. It is expected to be complete in early 2019.
An Economic Catalyst? The development, which is hoping to achieve LEED Gold construction standards, is intended to become a major
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economic catalyst for the town. It aims to diversify and stabilize the economy by adding around 150 full-time jobs upon completion, more than 245 man-years of construction employment, $1 millionplus in annual municipal and regional tax revenues, and bring to the town 32,000 visitors each year, which are expected to contribute $7.9 million in tourism spending. Aside from the new resort itself, the development is expected to create vastly increased activity for other Sunshine Coast accommodations, shops and restaurants, as users of the exceptional spa and conference facilities choose to stay and eat elsewhere. The developer is also working on setting up partnerships with educational organizations such as Vancouver Community College, so that its hospitality students can work and learn their trade at the George. Klaus Fuerniss, the Gibsons developer whose background is in the hospitality industry, including stints on the
BC Home Sales See Another Record June: BCREA
Vancouver Convention Centre and Expo ’86, and who also owns 10 Tim Horton’s restaurants and Gibsons Marina, is the seemingly tireless man behind the project. Fuerniss purchased the large swathe of underdeveloped waterfront land in the heart of Gibsons, and its marina, many years ago. After more than a decade of public debate and two-and-a-half years in the planning process, the council finally voted to amend current zoning to allow the development to go ahead.
The Private Residences The 40 high-end condominium units, in an Omicron-designed building that matches the hotel’s typical West Coast architectural style, will range from 600 square feet to 2,500 square feet, with some of the most desirable units boating two floors and a private elevator. Feurniss told REW.ca, “Like the rest of the development, the condominiums are designed for comfort, with high-
BC Legislature Will Reconvene to Enable Vancouverʼs Vacancy Tax
end finishings and interiors by False Creek Designs. They are intended for people who want to live here year-round. Residents will be able to get 24-hour concierge service, room service and maid service from the hotel and have a club membership to use the spa and conference facilities. It’s a lifestyle development that allows residents to take advantage of the location, the seawalk, the car shares and bike shares, the health and wellness aspects.” Diana Robertson, marketing manager at Placemaker Marketing, told REW.ca, “Sales aren’t open yet, but the price point for the two-bedroom units, on the waterfront and around 900 to 1,000 square feet, will be around $699,000. There will be a few smaller one-bedroom units, around 600 to 700 square feet, but they haven’t been priced yet.” To read the full story, including details of the development’s spa and other facilities, go to REW.ca/News and search for “Gibsons”
In This Hot Market, Are Some Sellers Losing Their Grip on Reality?
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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 J U LY 2 0, 2 0 1 6
Monet TYLER
Sussex
2015
2015
#10 Royal LePage Realtor in BC 2015 #1 Royal LePage Realtor for Tricities in 2015
monet@monettyler.com NEW LISTING
604.763.4307
❚
www.monettyler.com
NEW LISTING
107 Linden Court
$1,428,000
51-2200 Panorama Drive
$998,888
SOLD 3582 Franklin Street, East Van $1, 250,000
Brookside Realty
❚
99 2200 Panorama Drive
4 Aspen Court
$1,498,800
90 2000 Panorama Drive
$1,058,000
I need Homes and Townhomes to sell!
SOLD $798,000
121 Fernway Drive
$568,000
SOLD
Chad August 604.318.5254 WWW.CHADAUGUST.COM chadaugust@shaw.ca
NEW LISTING ONE OF THE BEST SUITES YOU HAVE EVER SEEN #18861 122B AVE., PITT MEADOWS • $1,079,900 MLS R2085593
HOME INSPECTORS ASSOCIATION CALLS FOR BC GOVERNMENT TO IMPLEMENT 7-DAY COOLING OFF PERIOD TO PROTECT HOME BUYERS. BC home buyers, particularly in the Lower Mainland, risk tens of thousands of dollars by making a “subject free” offer on a home in order to win the “bidding war” and they need protection, according to Home Inspectors Association. The Home Inspectors Association estimates as few as 10% of homes sold in the Lower Mainland are now being inspected prior to sale, down from 75% just 12 months ago. This means that as many as 30,000 homes were sold in the first five months of this year without a professional home inspection. This spiraling trend could cause devastating consequences for thousands of vulnerable home buyers that are unaware of the condition of the property they are purchasing.
-Over 3800sq ft of living space on 2 levels -7 or 8 Beds (Amazing 3 or 4 bedroom over 1700sq ft daylight inlaw suite) -Pitt Meadows Cul De Sac, steps from Highland Park -Large Over 7200sq ft lot #105-11566 224TH ST., MAPLE RIDGE
COMING SOON • 43 TOWNHOMES
RESPOND TO THE PUBLIC POLL AT www.hiabc.ca asking the BC Government to implement a 7-day cooling off period to protect our home buyers. Poll closes on August 3, 2016. CONTACT: Home Inspectors Association BC Advancing Professional Home & Property Inspections
$299,900 • Like New 2bed, 2 bath – almost 900sq ft • Huge Patio/Yard with River Views • Central, Walk to W.C express
1300 sqft - 2000 sqft (3 Bed Plus)
From $374,900 Call for priority registration and information **this is not an offering for sale any such offering may only be done by Disclosure Statement E.&E.0.
1.800.610.5665 | hiabc.ca executivedirector@hiabc.ca
R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY J U LY 2 0, 2 0 1 6
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604.512.1234 Wayne Dick & Brittany Dick
w www.waynedick.com w waynedick@remax.net
Providing the service you deserve since 1985
wayneandbrittanydick
$229,900
Re/Max All Points Realty $299,900
$299,900
$499,900
$599,900
Coquitlam North
Westwood Plateau, Coquitlam
Cottonwood, Maple Ridge
Langley City
Langley City
This beautiful 1 bedroom 1 bath ground level unit is p p Lakeside Terrace,, jjust steps p from located at the popular quitlam Centre, Glen Elementary, Town Centre Pa Coquitlam Park, uglas College, and future skytrain station. Stunning Stunn Douglas inate floors throughout. Bright, open living/dining living/din laminate m with gas fireplace and access to your 156 sq ft room ny patio. Spacious kitchen, open to the living spa sunny space. d ith ddouble bl closets l t andd cheater h t ensuite. Large bbedroom with Residents have access to indoor pool, exercise centre, and amenity room. Well run strata with over $1M in the CRF.
This rarely available TOP FLOOR unit is located at “Ledgeview,” a contemporary resort-inspired development, built by Polygon. UN-OBSTRUCTIVE south facing views overlooking Town Centre/Lafarge Lake. Steps to Douglas College & the new Evergreen Skytrain Station and only two stations away from Coq Centre. Unit features GRANITE countertops, gas stove, NEW floors, lighting, entertaining size patio, fireplace, large bdrm w/walk-in & laundry rm w/ storage plus storage locker. No rental restrictions is perfect for investors. Great current tenant would love to stay!
This three level townhouse is located at the rarely available Robertson Creek. This unit has parking for two cars plus dditional street parking right outside the unit. You can additional ccess to the suite from the front and back. Main floor access eatures spacious open dining and living rm with gas features fireplace and sliders to your covered patio. Kitchen with white cabinets, breakfast bar and eating area. Up are two good size bdrms and two full baths. Down is your two pc bath and den but large enough to be your third bdrm or perfect for a home office/business. Pet friendly complex!
This one level townhouse is located at the very popular “RIVERWYNDE”. This is a gated 55 plus community, conveniently located in Langley City. Walk to shopping and transit. This two bdrm end unit comes with tons of visitor parking out front plus garage. Nothing to do but move in! New carpet, fresh paint, and new appliances. Gas fireplace in living room. Master with full ensuite and spacious second bedroom. Bright kitchen with sliders to covered patio backing onto greenspace. Steps from Safeway, shopping, and downtown Langley. Easy to show! Move in anytime!
This one level townhouse is located at the very popular “RIVERWYNDE”. This is a gated 55 plus community, conveniently located in Langley City. Walk to shopping and transit. This two bdrm end unit comes with tons of visitor parking out front plus double garage. Spacious kitchen with updated countertops, backsplash, appliances and lighting plus large eating area and pantry. Private backyard overlooking the courtyard. Tons of natural light. Bdrms are on opposite sides of the unit plus two full baths. Full laundry rm plus tons of storage including crawl space. Problem free complex!
SOLD GFOPRR10IC0E % OF LISTIN
$699,900
SOLDRFOICERINOV7ERDAYS! LISTING P
$799,900
$999,900
$1,999,900
$7,999,900
Riverwood, Port Coquitlam
Central Coquitlam
Coquitlam West
North Burnaby
Shaughnessy, Vancouver
This rarely available, three level detached townhouse is ocated in the sought after “Heritage Heritage Meadows located Meadows” in Riverwood. This corner unit is set back from your neighbours and backs onto Blakeburn Elementary w/views of the Golden Ears mountains. Great floor plan! Main flr with entertaining size ving rm & gas fireplace. Three bdrms plus den and two full living baths up. Master with vaulted ceilings, walk in & separate shower/tub in ensuite. Below is your walkout basement w/ separate entry to your fenced b/y plus large rec rm, bdrm and full bath. Double garage and tons of visitor parking.
Nicely renovated 3 bedroom rancher near Como Lake Park on arge level lot with lane access. Boasting a spacious & bright large kitchen with updated cabinets, fixtures, appliances, plumbing, wiring & flooring. Living room with gleaming hardwood floors & cozy wood burning fireplace. Dining room with French doors out to back deck and fenced backyard with storage shed. Bathroom reno’s include new sink, floors, cabinets & plumbing. Roof & windows replaced in ’09, Leaf Guard gutters in ’10. Designer paint thru-out, new light fixtures, baseboards, door knobs + more! Walk to Porter St French Immersion Elem.
Prime West Coquitlam location! This family home sits on a eautiful 59.5 x 132 flat lot with lane access. Grand foye beautiful foyer entry. Main floor includes expansive living room with brick wood fireplace. Large kitchen & dining room with sliders to ov oversized eck with access to your backyard -- perfect for entert deck entertaining. ons of natural light throughout. Three bedrooms and a 4pc Tons ath completes the main. Down is a large one bedroom suite bath with separate entry. Features newer windows, roof, water line, furnace, and hot water tank. Located on a quiet non through street, close to the new Burquitlam Skytrain Station.
Rarely available! This R4 zoned duplex is located on a 72 X 186 sq ft property. Amazing views of Brentwood, Downtown and Northshore Mountains. The duplex was built in 1959 but is owned by the original family. Tons of parking out front plus lane access with a double garage. Very livable property, renovate and hold or build a new duplex. Torch on roof is a couple years old. Two bdrm suites up with entertainng size patio off the living rm. Both suites have their own laundry. Tenants are moving out end of July. Easy to show!
Large private estate-sized lot. Well cared for family home. Pride of ownership is shown by these meticulous owners. This lovely home has a grand foyer entry w/formal dining and formal living rm on opposite sides. Good size kitchen plus wok kitchen. Bay nook and sunken family rm with French doors to your fully fenced private west facing backyard with lane access and triple car garage plus additional parking. Pot lights, hardwood flrs and crown moldings throughout main. Up are four large bdrms and four full ensuites. Lower level features media and games rm, three bdrms, two full bath and laundry/storage rm. Easy to show and move in anytime!
SOLDRFOICERINO5VEDRAYS! SOLDPRFOICERINO6VEDRAYS! SOLDPFORICREO! VER LISTING P
LISTING
LISTING
4851 200 STREET, Langley | $828,900.00
OPEN HOUSE: Sunday 2-4 pm Over 26 years of award-winning sales and service! Mark
Sheryl
Let’s talk about real estate: www.dawsonrealtyexperts.com
Alice
Brokerage: Royal Pacific Realty Corp.
DEANS DAWSON LIN
Mark 604.328.7891 | Sheryl 604.209.3118 | Alice 604.617.6821
incl. HUGE 2100+ sqft Detached workshop + garage! 2200+sqft house with 1663 sq.ft. SHOP . Ground level entry home completely updated and renovated. 4 BR, 3 full bath including 2 person soaker tub in ensuite, 2 person steam sauna rain shower in suitable downstairs, new windows, high eff. furnace. Hot water on demand, fresh siding and paint outside, new oak staircase and matching flooring throughout, new and modern kitchen, also attached finished 2 car garage/man cave and over 1600 sqft detached, high ceiling, powered workshop with office. Huge deck in the oversized backyard for entertaining with one of the largest hot tubs you can get. Room to park 10 cars inside and more than that outside or use the shop as a dream work space from home! You will not see another one like this!!!
RARELY AVAILABLE COMMERCIAL PROPERTY! 1351-1359 MARINE DR. WEST VANCOUVER - AMBLESIDE! INCOME + DOUBLE LOT - ASKING ONLY $6.998M!
NEW LISTING - 927 KELVIN ST. COQUITLAM! EXCEPTIONAL FAMILY HOME ON LARGE LOT! IN AREA OF MILLION $ HOMES - ASKING $1.29M! ! ed uc d Re ice Pr
NEW LISTING: This property has been in the same family since 1954! An amazing, rare, opportunity to own in a prime Commercial property in tony West Vancouver! This property is directly across from new the multi-million dollar Grosvenor development! It simply doesn’t get any better than this. PLEASE DO NOT DISTURB TENANTS. Thank you. Contact us for a package & further details today.
Exceptional, executive, family home in one of the most desirable areas & streets in Coquitlam! A lovely home with a stately street presence situated on a large, level, fenced “homes & gardens” back yard with an inground sprinkler system & accent lighting. A separate in-law or nanny accommodation is simply outstanding! Close to schools, golf course & skytrain. Only 30-35 min to Vancouver. OPEN SUN 2-4 PM. Call now.
Nico Klaver 604.202.8354 www. Klaver.ca Sutton Group West Coast Realty #102 - 403 North Road Coq., BC
604-415-9800
Looking for a New Brokerage? Receive the highest level of support from our experienced Managing Broker. NO FRANCHISE FEES THREE EXCELLENT FEE PLANS STRONG SUPPORT
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
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209-3420 Bell Avenue $239,900 LOCATION! LOCATION! LOCATION! Spacious 1 bedroom condo in Bell Park Terrace. Centrally located, this unit is filled with updates. The Living /Dining area leads out to a large deck perfect for summer BBQ’s, facing the lush courtyard on the quite side of the building.
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1410 1500 Howe Street $603,000
Welcome to THE DISCOVERY. Waterfront seawall, & marina location. This large 1 brdm unit has been completely renovated with an entirely new chef’s dream kitchen. All new top of the line appliances and hardwood floors. Large master bedroom, spacious balcony overlooking the city. Steps to aqua bus, 1st class restaurants & beaches.
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1202-1499 West Pender St $2.408M
COAL HARBOUR, rarely available 02 unit in awardwinning “West Pender Place”. This luxurious sky home offers picturesque views of Burrard inlet, North Shore Mountains, Stanley Park and the harbour from all rooms. Enjoy Gaggenau and Sub Zero appliances, kitchen cabinetry from Dada of Italy, quartz counter tops, marble appointed ensuite and powder room. Building features full amenities and 24/7 concierge.
THINKING OF SELLING? PUT OUR EXPERTISE TO WORK FOR YOU! CONTACT US FOR A FREE PROPERTY MARKET EVALUATION!
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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 J U LY 2 0, 2 0 1 6
BARRY BOCK
www.dexterrealty.com
604-575-5262
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale $1,188,000
FANTASTIC VIEW LOT!
Taking our Listings Global
Port Guichon River Frontage
$449,900
NEW LISTING
50% interest in an exceptional riverfront property which includes 1-1 bdrm float home with additional floating building which includes laundry facilities and office, moorage for boats - 30 ft slip and 1/2 ownership in land based rental house.
TWICE AS NICE!!
VIEW...VIEW...VIEW...Fantastic property in the desirable area of Cape Horn with HUGE VIEW LOT over 10,800 sq.ft. Main level offers living room, dining room, kitchen, 3 good sized bedrooms. Enjoy breathtaking views on the wrap-around balcony overlooking the Fraser River and Port Mann Bridge! Lower level offers a 1 bedroom suite on one side and a large workshop/storage area on the other. This home requires signi cant renovations/ TLC or is a perfect opportunity to buy and build your dream home! Centrally located, close to Hwy 1, minutes from Burnaby, Vancouver, and Surrey. Don't miss out on this one!
IMPRESSIVE 2 Bedroom + 2 bath + 2 parking + 2 storage locker suite in STATION. 886 sq.ft. beautifully appointed with CONTEMPORARY H/W oors, Quartz counter, Upscaled S/S appliances. Wide FLOOR PLAN = lots of natural light & sunshine. GEOTHERMAL heating & cooling. Close to West Coast Express, Evergreen Line, Rocky Point Park, shopping and restaurants = GREAT LOCATION. Pets & rentals welcomed. An OUTSTANDING HOME in an EXCEPTIONAL BUILDING! Visit www.fannywong.ca for photo tour.
1985 WILTSHIRE AVENUE Maria Zavaglia 604-202-4124
507-95 MOODY STREET FANNY WONG 604-263-1144
PRICE REDUCED $218,800
#105-5477 152nd St, Surrey, BC V3S 5A5 www.homelifetitus.com E-mail: barry_bock@telus.net www.BarryBock.com
NEW LISTING $1,248,000
NEW LISTING
$848,000
$750,000
Call Barry Bock at 604-290-3403 for details
DAVE VALLEE
IN PRINT AND ONLINE
PERSONAL REAL ESTATE CORPORATION
Your go-to source for the latest Lower Mainland listings, news and advice
www.TeamDaveVallee.com info@TeamDaveVallee.com
604-526-2888
RE/MAX Advantage Realty
NEW LISTING
COURT ORDER SALE!
COURT ORDER SALE - ATTENTION RENOVATORS AND INVESTORS - FANTASTIC DOWNTOWN NEW WEST CONDO being sold "As is, Where is". This bright, large, one bedroom unit is completely ready for ALL your finishing touches – in a cat-friendly (no dogs), modern and well maintained fully rainscreened 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 amenities on an outstanding tree-lined street! The Buyer/s should independently verify all listing information. Unit is tenanted and difficult to show – please give at least 48 hours’ notice to view
104-210 Carnarvon Street David Young 604-263-1144
WELL KEPT FAMILY HOME
Unique opportunity for rst-time buyers or investors. Beautiful character home with 4 bedrooms and 1 1/2 bathrooms plus full basement is waiting for you. Ample space for storage. This home on 6,500 sq.ft. is located in a quiet and safe neighbourhood, close to schools, transit, Walmart, Queensborough Shopping Centre, Starbucks Coffee, Tim Horton·s, Boston Pizza, medical/ dental centre and much more. Direct access to Highway 91. Perfect home and location for a new family. Won·t last!
Family home in the heart of Highgate Village. 32 x 120 R5 lot with landscaped front and back yards. Could be yours to call home or to build your dream home! 6867 SALISBURY AVENUE
#51 8415 Cumberland • $829,900 Gorgeous 4 bdrm, 3 full bath, 1975 sf, end unit, English Cotswold style townhome at “Ashcombe” nestled next to Burnaby park & close to schools, shopping & transit. Features hot water radiant heat on main & bsmt, updated kitch w/Island, granite counters & SS applcs, 9’ ceilings on main, 2 gas f/p’s, fenced yard, deck & dble garage.
232 BOYNE STREET MONICA RAYNOLDS 604-537-5204
The Go Team 604-263-1144
OPEN SAT & SUN 2-4
Barry Chreptyk 604.946.1255 S E R V I N G
Q
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BarryChreptyk.com Y O U R
R E A L
Seafair Re Realty ealty
E S T A T E
N E E D S
S I N C E
1 9 8 4
“LADNER”
“LADNER”
“SOUTH SURREY”
“INCREDIBLE LIFESTYLE OPPORTUNITY!”
“PRESTIGIOUS ARTHUR DRIVE!”
“SAKURA!”
“KINNAIRD PLACE!”
Architecturally unique. Gorgeous 4 bedroom, 4 bath “open plan” with high ceilings. Finishings reflect the high quality typically seen in a custom built home. Loaded with extras! Convenient family friendly location! MLS R2083293.
Unique one of a kind top floor corner end unit! Bright S/W exposure with view over park & Fraser River. Super clean original condition. Close to SkyTrain & downtown New West. Long term tenant in place. Investors... no rental restrictions. MLS R2084054
JUST LISTED @ $748,888
JUST LISTED @ $179,900
3 acre hobby farm! Spacious 4 bedroom, den and loft home (approx. 3,000 sq.ft.). Gorgeous Zen garden water feature, salt water swimming pool, views and more! Lots of room for all the toys, hobbies, trucks or home based business. The main 4 car garage is 21’x48’ (1000 sq.ft.), there is another detached 3 car garage and a small barn presently used as a gym. Covered RV storage too! A rural paradise yet only minutes to Ladner, Richmond, the freeway and Tilbury Island. Loads of possibilities here!
A rare opportunity to own a 5200 sq.ft. mansion on a 20,600 sq.ft. lot (109’ x 189’). Originally built in 1925 but substantially renovated including a new foundatiion and raised to accommodate a main floor living concept. Too many quality features to list here. Duplex zoned, a future development potential too!
A GREAT BUY @ $2,800,000
JUST LISTED @ $2,000,000
Sutton Group Seafair Realty #100-5000 Bridge Street, Ladner, BC V4K 2K4 604.946.1255 Q BarryChreptyk.com Q barryrc@uniserve.com
“NEW WEST”
An independent Member Broker
Seafair Realty
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Shawna Sommers Sh 778-879-3392 778
Westburn Realtyy 604-437-1123
Linda McNeilll
404 5556 14th Ave., Tsawwassen 2144 Ferndale St., Vancouver
604-728-9725 www.lindamcneill.com | info@lindamcneill.com
$1,888,800 7761 Kerrywood Crescent Government Road, Burnaby Rarely available beautiful 2 Bedroom, 2 Bathroom PENTHOUSE Suite with Partial Northshore Mountain views in desirable Windsor Woods. Newer kitchen appliances, Energy Efficient Washer and Dryer, Gorgeous Laminate flooring throughout. Vaulted ceilings in the living room and bedrooms allowing plenty of natural light to come in and gives for a more spacious feel. Gas hook up on deck for BBQs. Central location walking distance to Town Centre, Transit, Restaurants and many Amenities. Enjoy your private covered deck. 1 Parking and 1 Storage locker. Call me today for a private viewing. $429,900.
Welcome to your new home in East Vancouver. This 4 bed,2 bath home has been well maintained and updated by the current owner for many years. Room for a 3rd bedroom up. Kitchens have been updated with granite counters,SS Appliances and tiled backsplash. New Roof, HW Tank, Vinyl Windows . Spacious Fully finished garden level suite with its own Laundry. Fantastic mortgage helper or extra room for the family. South Facing yard w/garden and bbq area. Original hardwood floors up. Huge Sundeck,Lots of storage, Views of N.S. Mountains. Walk to absolutely everything, Templeton School/Park, Commercial Drive and the famous Red Wagon Cafe. No need to own a car. Call listing agent for a private viewing. $1,398,900.
320 4885 53rd Street, Ladner One of the best locations in the Complex. Top Floor, over 1000 sqft, Southwest Corner Exposed 2 Bed 2 Bath unit in a fully Rainscreened building. Vaulted ceilings letting in plenty of natural light. Updated hardwood floors throughout, tastefully updated kitchen and bathrooms, new appliances, gas fireplace. Attached storage room. Walking distance to all stores, bus stop and Hawthorne Elementary. A MUST SEE! Call the Listing Agent for a viewing. $419,900.
sutton group - seafair realty 1625 56th Street, Delta, B.C.
CALL VIPIN TODAY 604.839.7547
Wow! This is a classic government road executive home, not to be missed! Superbly maintained for the large family, or family needing space! Over 3200 square feet inside the home, on a beautiful 72x 118' manicured lot. There are 5 bedrooms, 2 kitchens, 4 bathrooms, gorgeous hardwood & tile ooring. Updated everywhere! Hand split cedar roof 2012, draintiles, kitchen by Paradigm designs, patios, inground rainbird sprinkler system, decks, hottub, gazebo, storage sheds, all idyllically placed for your privacy and enjoyment in this ďŹ ne Government Road Executive. See you at the Sneak Peak Thurs. July 21, 6-7:30; Or Opens July 23/24th 2-4:00. Offers considered July 26th 9:30am onward.
Obsessed with real estate?
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Artist’s Rendering - Mahogany Plan B-2
VANCOUVER LUXURY. ABBOTSFORD PRICES. FROM THE HIGH $200’S MAHOGANY, A SPECTACULAR NEW COLLECTION OF LUXURY HOMES. WITH 26 STOREYS OF CONCRETE CONSTRUCTION, GENEROUS AMENITIES AND INCREDIBLE VIEWS OVERLOOKING BEAUTIFUL MILL LAKE, MAHOGANY IS TRULY THE NEW HEIGHT OF LIVING. TO LIVE HERE IS TO LIVE WELL. Presentation Centre is open daily (except Fridays) from 12 - 5 pm 2180 Gladwin Road, Abbotsford
LIVINGMAHOGANY.COM 778.255.9990 Artist’s Rendering - Mahogany at Mill Lake
Marketed by GLOBEWEST - Multiple Realty Ltd. and Quantum Realty Inc. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. The developer reserves the right to modify plans, prices, features and specifications without notice as may be necessary and at their sole discretion. E. & O. E.
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BURNABY • TRI-CITIES
WEDNESDAY, JULY 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
Vancouver New Home Prices Continue Year-Long Rise: StatCan ew home prices in Metro Vancouver rose for the 12th consecutive month in May, while Victoria saw the largest monthly new home price increase since May 2007, according to Statistics Canada data released July 14. Prices in both markets increased 1.1 per cent from April, with Toronto-Oshawa the only region in the nation to record larger gains at 1.9 per cent. BC’s provincial new home price index was also up 1.0 per cent from April, behind only Ontario’s 1.4 per cent. BC builders reported market conditions as the primary reason for the increase. Year-over-year, the purchase cost of a new home in the Vancouver Census Metropolitan Area (CMA) rose 5.1 per cent, the largest increase since June 2010, and again second only to TorontoOshawa’s year-over-year increase of 6.4 per cent. Victoria new home prices saw a year-over-year gain of 2.4 per cent, ranking BC’s capital
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city fifth among the 21 metropolitan areas surveyed across Canada. Across the province, new home prices were up 4.8 per cent yearover-year, putting BC neck-andneck with Ontario, which saw an increase of 4.9 per cent. The two provinces once again well surpassed gains in any of the other provinces or territories, as prices remained unchanged in Nova Scotia and dropped in Saskatchewan, Alberta and PEI. The gains in BC and Ontario led the national index to rise 2.7 per cent over the 12-month period ending in May, the largest year-over-year increase since September 2010. The month-to-month national increase of 0.7 per cent over April was the largest monthly rise since July 2007. Again, the gains were driven largely by increases in
Ontario and BC, as no other provinces saw monthly gains of more than 0.2 per cent, and both PEI and Saskatchewan saw monthly decreases in the new home price index. Changes in new home prices often do not mirror those seen in the resale market, as the price paid for a new home is only measured when the transaction is completed and registered with the Land Registry, rather than when the home is originally purchased off-
plan. Because of long lead times on home construction, new home prices registered today are often those homes sold many months or even years ago – whereas MLS® resale home prices are much more up to date.
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