BURNABY
WEDNESDAY, WEDNESDAY, JANUARY JULY20, 6, 2016
TRI-CITIES
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R E A L E S TAT E W E E K LY
Vacation Condos: Is the Summer Getaway Changing? S
ummer’s here. Long sunny days, barbeques with friends and family, vacations at the cottage: let the good times roll. But with the skyrocketing price of real estate, owning a primary residence is challenging enough for many, which means owning a detached vacation cabin is sheer fantasy. So will the recreational condo replace the traditional family cabin? Most real estate insiders say that it won’t, but that it may evolve as a new hybrid that’s part vacation getaway, part revenue property, and partly a way to transition into retirement. A condo’s biggest advantage is, hardly surprisingly, affordability. It’s also as close to maintenance free as you’re likely to find – strata fees pay for most things outside our own suite. As a bonus, you might get some fancy amenities such as pools or rooftop gardens. On the “cons” side, you’re going to be close to your neighbours – just like you are at home if you live in an urban centre. With 94 per cent of respondents in Re/Max’s 2016 Recreational Property Report
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stating that a quiet, tranquil atmosphere is key to their purchase decision, this proximity translates into a major deterrent. Then there’s the tricky question of condo zoning and bylaws. “The average person who wants to purchase a vacation home is almost certainly going to rent it out at least part of the time, because it’s the only way they can afford one,” says Anthony Bastiaanssen from Re/Max Kelowna. Tapping into online booking services like AirBnB has made this far easier than it used to be. However, most strata bylaws and many municipal zoning regulations prohibit short-term rentals – some prohibit rentals of any kind.
The Whistler Exception One notable exception is Whistler. In this year-round, outdoor lover’s paradise, a majority of homes must be rented – although specifics of those regulations vary dramatically. “If your home has Phase One zoning, you live there full time or rent it out for whatever time period you want – daily, weekly or longer,” says James Askew, president of rareEarth Project
BC Government Scraps Real Estate Industry SelfRegulation Following Report
Marketing. “The only thing you can’t do is leave it empty.” Phase Two zoning, also known somewhat infamously as condo hotels, is even more restrictive. “You can only use your property for 28 days in summer and winter, and the rest of the time it must be rented out through the hotel’s management program.”
Okanagan Options In the Okanagan, Bastiaanssen notes there are also still affordable condo properties to be found in most areas outside Kelowna, but there’s definitely increasing upward pressure on the bottom line – meaning buyers need to grab a deal when they see it. He also sees a growing trend among mature but still-working buyers. “These people are looking ahead to when they move to the Okanagan full time. They want to park their money – and perhaps earn
Main Street Named in Top 15 Coolest Streets in North America by Retail Survey
some rental revenue when they aren’t using it themselves – for when they retire.”
Island Life
In the quest for a vacation condo, Vancouver Island has become something of an oddity. True, Victoria’s condo market is booming as Metro Vancouverites cash out the equity in their home and escape to a more affordable (at least for now) setting. But like the rest of the Island, the point is these people are moving… packing up lock, stock and barrel and making a new life in a new full-time home, not using it as a weekend getaway. Looking ahead, despite the challenges, those who flex their vacation-home-buying muscles in the condo market will most likely do no worse than make an investment that appreciates over time, brings pleasure now, and could become a new lifestyle in retirement. Not such a bad thing, all round.
Much-Publicized Auction of Burnaby Teardown Fails with No Bidders Showing Up
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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 6, 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
4 Aspen Court
❚
604.763.4307
NEW LISTING
$1,488,000
90 2000 Panorama Drive
$568,000
SOLD 3582 Franklin Street, East Van $1, 250,000
Brookside Realty
46-55 Hawthorn Drive
www.monettyler.com
❚
NEW LISTING
99 2200 Panorama Drive
$798,000
$1,058,000
I need Homes and Townhomes to sell!
SOLD $685,000
121 Fernway Drive
SOLD
66 Maple Court, Anmore $1,228,800
Chad August
GEORGE GOMORY
604.318.5254
FREE HOME EVALUATIONS
WWW.CHADAUGUST.COM chadaugust@shaw.ca
Call Now!
NEW LISTING ONE OF THE BEST SUITES YOU HAVE EVER SEEN
604-765-7653 6239 CANADA WAY Buckingham Heights $1,399,000
#18861 122B AVE., PITT MEADOWS • $969,900 MLS R2085593
2600 sq ft 4 level split home on large 60 x 164 R1 Zoned Lot
OPEN SUNDAY 2-4
www.GeorgeGomory.com
602-6055 Nelson Ave., Forest Glen
8052 Willard St., Big Bend
$488,000
-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 402-12020 207A $299,900
JUST SOLD
11750 192A ST
JUST SOLD
$890,000
Courtyard facing 2 bedroom, 2 bathroom condo with about 1100 sq ft of space and a covered patio. 1 Parking, 1 Locker, Rainscreened building.
Large 42 x 251 A2 Zoned lot. Build your spacious new home here.
www.GeorgeGomory.com
www.GeorgeGomory.com
326 Hume St., Queensborough
7725 Berkley, Burnaby Lake
SOLD
SOLD
Lovely 2700 sqft home built in 2005 with 6 bedroom, 4 bathroom home with 2 bedroom legal suite down
2400 sqft home on 110 x 98 R2 zoned building lot.
www.GeorgeGomory.com
www.GeorgeGomory.com
SELL YOUR HOME FASTER AND FOR MORE MONEY With George Gomory’s Guaranteed Homeselling System RE/MAX Central #1-5050 Kingsway, Burnaby (604) 433-2211 Office Each Office Independently Owned & Operated
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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
8519 Woodtrail Place, Burnaby $379,900
Mark 604.328.7891 | Sheryl 604.209.3118 | Alice 604.617.6821 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! d! ce du e R 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.
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8519 Woodtrail Place, Burnaby. $379,900. Beautifully updated 2 bdrm townhouse, nestled next to a lush green belt. Lots of natural light, very quiet, west facing, private treed view. Recent upgrades throughout, including custom designed and built iron railing and banister, raised cedar deck, renovated kitchen and bathroom, new flooring. Wood-burning F/P, and ONLY unit in complex boasting a skylight in bathroom! Walking/ biking trails, and close proximity to schools, golf, and shopping areas. Pet and family friendly. Low maintenance fees and proactive strata: new roof 2007, exterior paint 2011. Added bonus of 2 storage rooms off carport; clubhouse with outdoor pool, sauna, and racquetball court.
OPEN HOUSE Sat/Sun July 9 & 10 - 2 to 4pm Photos at www.walterwells.ca Please contact Walter Wells at 604.727.4525 or Beryl Pye at 604.771.9954 Sutton Group West Coast Realty, 200-1155 West Boulevard, Vancouver, BC V6M 3W6
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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.
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!
With over 20 years of Award Winning Service
Steve Marshall
604.671.9999 www.SteveMarshall.ca
The Seniors Real Estate Specialist
RE/MAX Sabre Realty
308-195 Mary St., Port Moody
113-2559 Parkview Lane, Poco
$259,900
$299,900
www.dexterrealty.com
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale NEW LISTING
$750,000
Taking our Listings Global $449,900
NEW LISTING
OPEN SAT/SUN 2-4:30PM
View 2 Bed Condo • Nice Inlet view • Great location, walk to SkyTrain • Building has recent improvements
2 beds - 2 Baths - 2 Parking • Large coverd patio off kitchen • Just steps from greenbelt trail • Great clubhouse, exercise rm & workshop • Location is a commuter's dream
2503 Quartz Pl., Coquitlam
30 Flavelle Dr., Port Moody
$1,258,000
$1,350,000
Unique opportunity for first-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 Hortonʼs, Boston Pizza, medical/dental centre and much more. Direct access to Highway 91. Perfect home and location for a new family. Wonʼt last! 232 BOYNE STREET MONICA RAYNOLDS 604-537-5204
NEW LISTING $1,248,000
WELL KEPT FAMILY HOME
Great Cul-de-sac • 5 bedrooms • 3.5 baths • 16 years old, fully finished bsmt • Cul-de-sac, 9' ceilings • Tile roof, great yard!
Outdoor Friendly Families • 5 bedrooms • 2 levels, 3400 sqft • 2 kitchens, South facing yard • 19 years old, tile roof with skylights • Excellent family neighbourhood • Cul-de-sac, Check it out!
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
The Go Team 604-263-1144
TWICE AS NICE!!
IMPRESSIVE 2 Bedroom + 2 bath + 2 parking + 2 storage locker suite in STATION. 886 sq.ft. beautifully appointed with CONTEMPORARY H/W floors, 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.
507-95 MOODY STREET FANNY WONG 604-263-1144
$1,188,000
FANTASTIC VIEW LOT!
PRICE REDUCED $218,800
COURT ORDER SALE!
V I E W. . . V I E W. . . V I E W. . . F a n t a s t i c 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 wraparound 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 significant 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!
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
1985 WILTSHIRE AVENUE
104-210 Carnarvon Street
Maria Zavaglia 604-202-4124
David Young 604-263-1144
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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 6, 2 0 1 6
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206-1120 Westwood Street, Coquitlam BC, V3B 7K8 T: 604 942 1389 www.evergreenwestrealty.com
BevKingston.com 778-230-8753
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72 Summer Place
5460 8B Avenue
Listed by Kingston Realty
Listed by Kingston Realty
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It’s a New Door
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303-6251 River Rd
5276 St. Andrews Pl
5214 12th Avenue
Listed by Remax Progroup Realty
Listed by Royal LePage Regency Realty
Listed by Kingston Realty
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#46 - 20449 66A
Aerie Walk
Listed by Park Georgia Realty
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Get your Free Home Evaluation in 24 Hours @ BevKingston.com
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Beach Grove Revenue property $1,298,000 Fabulous two-level home with LEGAL TWO bdrm suite
5179 Winskill Drive Listed and Sold by Kingston Realty
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Royal Oaks
39 Wallace Place
#6 - 1100 56 Street
21206 94A Avenue
Listed by Kingston Realty
Listing by RE/MAX Progroup
Listed by Kingston Realty
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#103 - 1150 54A Street
#304 - 5500 13A Avenue
5338 12th Street
Listed by Royal LePage Regency
Listed by Sutton Seafair Realty
Listed by Kingston Realty
Updated two level home, newer kitchens, flooring, windows, roof, furnace. Call me for a tour.
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723 2) *5($7(5 9$1&289(5 5($/7256 ®
TrishandTeri .ca *(7 029,1* :,7+ 75,6+ $1' 7(5,
CORNER VIEW | 401-1400 View Crescent | $648,000
THE COURTYARDS | 7-4890 48th Avenue | $529,000
NEW LISTING | 5122 2A Avenue | $1,388,000
WEST EXPOSED LOT | 1733 Beach Grove Rd | $1,388,000
11,281 SQFT LOT | 5210 Ferry Road | $1,268,000
BEACH GROVE | 1290 Morris Crescent | $1,238,000
Tsawwassen ~ Just Sold! WATERFRONT LIVING | 12-3871 W River Rd | $279,000
PENTHOUSE HERON COVE | 302-1706 56 ST | $439,000
500 SQFT S/W PATIO | 111-4758 53rd St | $398,000
Tsawwassen ~ Just Sold!
Tsawwassen ~ Just Sold! PEBBLE HILL | 5457 4A Avenue | $1,388,800
Ladner ~ Just Sold!
19,139 SQ FT LOT | 5674 9th Avenue | $1,298,000
Trish Murphy | 604.312.7621 Trisha@TrishaMurphy.ca
Tsawwassen ~ Just Sold! 9,020 SQFT SOUTH LOT | 24 Georgia Wynd | $1,388,000
604.897.2010 | Teri Steele sold@TeriSteele.com
Sutton Group - Seafair Realty: 1625 56th Street, Tsawwassen, BC
2015
2015
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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 6, 2 0 1 6
RANCHER IN THE SKY. Spacious Living. Inside & Out. 1622 Square Feet Condo
Luxurious deck space for year-round outdoor entertaining.
Bright living space.
Master bedroom large enough for a king sized bed.
COVERED DECK
GAS BBQ OUTLET
A master bedroom with a walk-in closet.
LIVING
Open-concept living area with expansive windows and gas fireplace.
16'-11" x 17'-3" GAS F/P
KING SIZE BED SHOWN
Master ensuite with dual vanity and large soaker tub.
MASTER BEDROOM 1
Quality construction for a strong durable building, inside & out.
ENSUITE
14'-2" x 14'-2"
Ample kitchen space for cooking, dining. Equipped with stainless steel appliances.
WALK-IN CLOSET 6'-2" x 8'-2"
DINING
DEN
11'-0" x 14'-1"
9'-3" x 8'-10"
Enjoy full size, energy saving washer and dryer unit with double door closet.
KITCHEN
8'-6" x 14'-1"
HRV, Geoexchange heating, air conditioning and hot water.
LAUNDRY
ENTRY
POWDER
STORAGE ROOM
MASTER BEDROOM 2 13'-8" x 11'-1"
7'-9" x 8'-6"
*solar panels to offset electricity costs
ENSUITE
Large in-suite storage room Powder Room
THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING CAN ONLY BE MADE WITH A DISCLOSURE STATEMENT. E. & O.E. SALES BY REGENCY REALTY LTD. PRE-CONSTRUCTION OFFERING.
THE BEST FREEHOLD INVESTMENT IN THE REGION. Starting at just $909,900
HWY 99
RICHMOND
HWY 17- A
5099 Springs Boulevard, Tsawwassen T. 604.948.4663 (HOME) info@tsawwassensprings.ca Open Tuesday to Sunday 12 – 5pm
TSAWWASSENSPRINGS.CA
SPRINGS BLVD
FERRY TERMINAL
SFPR - HWY 17
TO PEACE ARCH (US) BORDER
52 ST
Great Homes: All On Freehold Land. A Resort Community, 30 Minutes Or Less To Everything.
TO VANCOUVER
56 ST
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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 6, 2 0 1 6
G IN LL SE ! ST FA
VANCOUVER LUXURY. ABBOTSFORD PRICES. FROM THE HIGH $200’S GENEROUSLY SIZED 674 SF TO 1,680 SF*
Presentation Centre is now open daily (except Fridays) from 12 - 5 pm at 2180 Gladwin Road, Abbotsford.
LIVINGMAHOGANY.COM 778.255.9990
MAHOGANY, A SPECTACULAR NEW COLLECTION OF LUXURY HOMES. WITH 26 STOREYS OF CONCRETE CONSTRUCTION, INCREDIBLE VIEWS AND GENEROUS AMENITIES OVERLOOKING BEAUTIFUL 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. *Balcony space is included in specified square footages.
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BURNABY • TRI-CITIES
WEDNESDAY, JULY 6, 2016
Looking for a new home? Start here.
R E A L
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W E E K L Y
OAK + PARK: A Great Place to Call Home T
here’s a real transformation going on in Marpole. This enclave is set to become yet another desirable neighbourhood in the red-hot Vancouver Westside market. This is where Alabaster Homes is developing its newest townhome project – Oak + Park. “Marpole is Vancouver’s next prestigious neighbourhood,” says Yosh Kasahara, director of sales and marketing at Alabaster Homes. “Its Westside location, top-ranked schools, and proximity to Richmond and YVR (Vancouver International Airport) make it the perfect place to invest and live.” The collection of 40 open-concept homes, ranging from 1,300 to 1,600 square feet, feature air-conditioning, quartz countertops, premium stainlesssteel appliances, wide-plank hardwood floors, as well as heated ensuite flooring. The stylish exteriors feature extensive use of traditional white brickwork and distinctive black metal detailing, making these homes stand out. Designed by the multiple-award-winning firm of Ciccozzi Architecture, Oak + Park is a fusion of classic design and contemporary West Coast elements.
“This is a flagship project for Alabaster Homes. Our vision for Oak + Park is to deliver a project that raises the bar for new townhomes in the city,” he adds. The three-bedroom-plus-den-and-flex residences are located within the catchment of some of the city’s most prestigious schools, including David Lloyd George Elementary and Sir Winston Churchill Secondary – an International Baccalaureate (IB) school. “The IB school was a big draw for buyers at our last two projects,” adds Kasahara. “These parents want to give their children the best opportunities, and the program at Churchill Secondary is among the best in the country.” Bounded by Oakridge to the north and Richmond to the south, Oak + Park is well situated, close to Marpole Town Centre, which is known for its eclectic blend of shops and amenities. It is minutes to the Canada Line and transit, and the new facilities at Cambie and Marine Drive, which includes a T&T Grocery Store, Cineplex movie theatres, and more. For sports enthusiasts, Oak + Park is a short distance from the OakridgeMarpole Community Centre located at
West 59th Ave and Oak Street. The centre is adjacent to Oak Park, which offers many walking trails throughout the park, picnic areas, and a kids spray park. In addition, there is a playground, tennis and basketball courts, outdoor roller hockey, soccer and softball. Alabaster Homes brings to the table more than 25 years of experience building quality homes throughout Metro Vancouver. In Marpole, the developer recently completed the sold-out Osler Residences and launched Shaughnessy Residences – both boutique-style townhome projects. “We believe in bringing thoughtful design, quality construction, and outstanding customer service to our buyers,” says Kasahara. “An Alabaster Home is one that you can count on providing comfort and enjoyment for generations.” The sales centre, located at suite 301– 1788 W Broadway, is open by appointment only. Prices start from $1.1 million. Completion is slated for 2018. To register or for more information about Oak + Park Townhomes, call 604-558-5851 or visit www.alabasterhomes.ca/oak-and-park
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