BURNABY / TRI-CITIES May 11, 2016 Real Estate Weekly

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BURNABY

WEDNESDAY, WEDNESDAY, JANUARY MAY 20, 11, 2016

TRI-CITIES

info@rew.ca • 604-435-7977

Looking to BUY or SELL a home? To assist you in making the best decisions, a professional Realtor can provide the most up to date information on the real estate market, price, financing and comparative properties in your area.

R E A L E S TAT E W E E K LY

What’s Happening in I

t’s one of Vancouver’s most charming neighbourhoods, a friendly community that many say lingers long in the heart. In the days before Vancouver became a single entity, Kerrisdale was the seat of government for the District of Point Grey – the original City Hall now reinvented as the Kerrisdale Community Centre. A century later, it’s a neighbourhood in transition – especially with the recent acquisition of the Arbutus rail corridor by the city – and some say that’s none too soon. “There’s been a development moratorium for nine years – nine years the City would not allow a rental building to be torn down and rebuilt,” says David Goodman, principal of HQ Real Estate Services. “It’s Kafkaesque not to allow an old, tired and inefficient building to be replaced.”

Trouble with Nimbyism Predictably, not everyone is in favour of changes. “No Ryerson Rezone” signs are springing up on the majority of surrounding single-family lawns, protesting the possibility of a 10- to 12-storey building on land the

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venerated church recently sold. Graffiti regularly appears on development/rezoning signage. One developer reports receiving a voicemail that was so threatening the police were alerted. But despite the apparent nimbyism, there’s still an undeniable buzz of excitement and enthusiasm running through the ’hood. “Kerrisdale is probably the best part of the West Side,” asserts Bill Szeto, president of Oakwyn Marketing. “It’s got terrific walkability, it’s close to parks and some of the city’s best schools, and people love its distinctive commercial village centre.”

Demand for Condos Since the majority of available apartments are rental, real estate agents report that both the resale and presale condominium markets are sizzling. Especially appealing to downsizers and well-heeled young professionals are the larger luxury condos springing up along West and East Boulevards or the section of Arbutus street north of 41st Avenue. Not surprisingly, that’s driv-

Trump Tower Sells Out in Vancouver, Sets Record Condo Price

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Kerrisdale? ing price increases. “When we launched Kerrisdale Gardens three years ago, the pro forma pricing was $750 a square foot. Near the end, prices were close to $900 a square foot,” Szeto says, adding most sales were to end-users who aren’t heavily mortgaged or are mortgage free. Cressey Development Group has been a leader in defining the new Kerrisdale, with Sterling now under construction on West Boulevard between 48th and 49th. Lavishly appointed with lots of marble and floorplans that start at 1,200 square feet, these residences are all about lifestyle, according to Hani Lammam, Cressey’s executive vice-president. “These buyers are not going to compromise. The reason we’ve done so well is that we are catering specifically to what this market segment wants – luxurious, well-appointed, large suites.” Cressey has also purchased the adjacent block and Lamman anticipates that when the McKinnon project comes to market, it will also sell out rapidly. Still, there’s a clear commitment to maintaining Kerrisdale’s

Crowdfunding for Real Estate is Coming to BC: Two-Part Series

unique look and feel. Bogner Development Group recently sold their rezoned and shovel-ready property on East Boulevard to another developer who will be required to preserve the façade of a much-loved, heritage church. In the 6100 block, a development application for a fivestorey, mixed-use building also includes restoring the façade of a two-storey commercial building from the middle of last century.

Rebirth of Arbutus Corridor Kerrisdale’s appeal got yet another boost on March 7, 2016, when a longstanding, often bitter dispute between City and CP Rail came to an end with the announcement that Vancouver will purchase a nine-kilometre section rail between False Creek and Marine Drive for $55 million. After almost 16 years, Kerrisdale residents, like many others along the route, were finally able to let out a sigh of relief. Terri Clark, co-ordinator of the Kerrisdale BIA, says “The board is thrilled to see a proposal will create an amenity where you’ll be able to walk as well as bike. And if there is a trolley to Granville Island, that will be even better.”

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Monet TYLER

Sussex

2015

2015

#10 Royal LePage Realtor in BC 2015 #1 Royal LePage Realtor for Tricities in 2015

monet@monettyler.com

604.763.4307

NEW LISTING

NEW LISTING

20 181 Ravine Drive

25 2000 Panorama Drive

www.monettyler.com

NEW LISTING

$538,000

10 Alder Drive

$1,198,000

4 Aspen Court

SOLD 133-2000 Panorama Drive $583,000

2 Kingswood Court

$2,288,000

Jasmine Botto Personal Real Estate Corporation

604.984.7253

$1,578,000

SOLD

116 2200 Panorama Drive $748,000

913 Wallace Wynd

$1,188,000

View Great Lot. Great House

OPEN HOUSE 2-4 SUNDAY

OPEN HOUSE SUNDAY 2-4 PM

1040 Madore Avenue, Coquitlam $1,288,000

4327 Albert St., Burnaby

$859,000

Bright, south-facing front of half duplex in the heart of Vancouver Heights on a lovely street. Appealing Craftsman style home with smart, open floor plan. 3 generous bedrooms & 2 1/2 baths. H/W floors & 9’ ceilings on the main, maple kitchen, granite countertops, formal dining room. Spacious Master with full ensuite . Easy care landscaping & fully fenced front yard with verandah. Single garage off the lane. Super central location - walk to Heights shops & restaurants, school & parks. 20 mins to D/T Vancouver or the N. Shore. Be quick!

8400 sf 75 ft Frontage, DUPLEX, View Lot WITH A LANE on a Quiet Street. This house is Solid with New Kitchen & Bathroom, Beautiful Hardwood Floors. 3 bedrooms Up & 1 bedroom down, a bathroom on each floor. Suite & Subdivision Potential. This is Wonderful Opportunity, Enjoy the home and watch the land value climb. Walk to Shopping, Parks, Elementary & Middle School, living here is the Best. Plus a Big detached 2 Car Garage. This is a Wonderful Opportunity

Richard Tak 604.880.3556

www.takrealtor.com rt@takrealtor.com

Sussex

Salmon, Trout & More Support your local Streamkeepers

www.pskf.ca


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.com

www.

OUTSTANDING AGENT

604-275-9787 patsy@patsyhui.com WESTCOAST

... OUTSTANDING RESULTS

83 Sales so far in 2016!

Over 26 years of award-winning sales and service! Mark

2858 SQʼ 2-LEVEL 3-BDRM

PH1-6888 STATION HILL DRIVE Best of the BEST WORLD CLASS 3-bedroom (or 2-bedroom + den) PENTHOUSE in prestigious “SAVOY CARLTON”. Conveniently located in BURNABYʼS SOUTH SLOPE. Quiet & serene setting with GORGEOUS UNOBSTRUCTED EAST, SOUTH & WEST VIEWS from 1267 sqʼ wrap-around balconies. 2858 sqʼ 2-LEVEL LUXURY LIVING with permit rebuilt in 2005 featuring tastefully designed CHEFʼS DREAM KITCHEN, baths, custom millwork, hardwood flooring, built-ins & more. FOUR PARKING STALLS & TWO LOCKERS, A RARE FIND. Well maintained & VERY WELL MANAGED COMPLEX with Award Winning amenities (indoor swimming pool, hot tub, sauna, pool table, gym, theatre & library). A MUST VIEW if you are looking for the best in town!

Alice

Let’s talk about real estate: www.dawsonrealtyexperts.com BROKERAGE: ROYAL PACIFIC REALTY CORP.

DEANS DAWSON LIN

RECIPIENT OF RE/MAX LUMINARY OF DISTINCTION AWARD

$1,695,000

Sheryl

Mark 604.328.7891 | Sheryl 604.209.3118 | Alice 604.617.6821

JUST SOLD!

504-1250 Burnaby St., Vancouver PERFECT STUDIO PIED-A-TERRE! ASKING ONLY $239,000! Why rent? Beautifully renovated, well laid out with lots of storage. Steps from the beach, the seawall and enjoying great restaurants, shopping etc. Relax on the rooftop deck by the swimming pool and enjoy ocean and sunset views! NO RENTAL RESTRICTIONS. MLS R2057041 THINKING OF SELLING? Contact us for a FREE PROPERTY MARKET EVALUATION!

24696 100A Ave., Maple Ridge OUTSTANDING FAMILY HOME OVERLOOKING A GREENBELT! $899,900! This spacious home is truly unique. Every detail has been lovingly considered. From the hardwood flooring to the over height ceilings, the gourmet kitchen and spa-inspired bathrooms this 4 bdrm, 5 bath home with den / office and fully finished basement is a true gem! Enjoy relaxing on your south facing patio located off the kitchen and overlooking a greenbelt - steps away from your children playing in the yard. OPEN HOUSE Sun. May 15th 2-4 pm MLS R2058859

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

D!

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LOTS WANTED We have buyers for building lots

Sold for a record price!

COAL HARBOUR LUXURY LIVING! $1,160,000 #1302-555 Jervis St.

KITS LIVING AT ITS BEST!

942 sf, 2 bdrm, 2 bath

710 sf, 1 bdrm, 1 bath with amazing roof top deck.

$638,800 #304-1935 West 1st Ave

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Candace Filipponi

www.dexterrealty.com

604-809-4403

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

www.cfilipponi.com candacefilipponi@gmail.com

Taking our Listings Global

$888,000

NEW LISTING

$1,950,000

PRIVATE SHOWINGS

$1,118,800

$250,000

NEW LISTING

SOLD BRIGHT & SPACIOUS HOME!

CHARACTER HOME

AMAZING LOCATION!

Eight bedroom / 3 bath home. Updated electrical, plumbing, windows, roof & fire system. Zoned for duplex. Huge lot (73ʼ x 143ʼ). Quiet Street. 7490 14TH AVENUE Grace Kreykenbohm 778-998-4523 Robin Hill 604-340-4000

Located in the heart of North Coquitlam! Nearby to schools, transit, Coquitlam Centre, Lafarge Lake and new Evergreen SkyTrain. 114-1148 WESTWOOD STREET Mike Dente 604-354-1084

$268,900

$289,000

SUMMIT VIEW FAMILY HOME

DEXTER ASSOCIATES REALTY $264,800

SOLD CASCADE WEST ONE BDRM CONDO

Great lay-out for family living, 3 bedrooms on the main floor, 2 full baths. Huge kitchen with family room and gas fireplace. Great master with walk in closet and 4 piece master bath. Downstairs has a 2 bedroom secondary suite with 3 piece bathroom gas fireplace shared laundry. 2 car garage with lane access.

Custom built 3 bedroom, 3 bathroom family home with finished basement. Over 2600 sq.ft. home and nice, private, landscaped 7717 sq.ft. lot. Formal Living/Dining room and fantastic Kitchen with huge island and cozy family room with brick fireplace. Enjoy entertaining family and friends in your private backyard. Call Candace to view

Centrally located at the “Boundary” area of Burnaby/Vancouver. Cheerful one bedroom suite facing West. Cozy gas fireplace, good-sized balcony overlooks beautifully landscaped, peaceful grounds. Comes with a storage locker and parking spot. Call Candace to view this fabulous suite!

1878 LANGAN AVE., POCO

2559 BLUEBELL AVENUE

#208-3770 MANOR STREET

Brooke Alexander 604-813-1044 DEXTER ASSOCIATES REALTY SPACIOUS SUITE, LARGE PATIO, AMAZING LOCATION!

ADJACENT TO EVERYTHING! Spacious & bright 805 sq.ft. 2 bdrm & bath. Large South facing balcony overlooking the park-like setting, perfect for walking your small dog. Strata fees incl. heat, hot water, parking, storage, laundry, live-in caretaker + f/p gas. Walk to shops, bus & skytrain. 323-7055 WILMA STREET Su-Marie Baird 604-786-1305

End 1362 sq ft, 2 bdrms, 2 bths, make it your own! 350 sq ft priv patio w sep entry & 2 parking. Insuite laundry, kingsize master & large ensuite.

UPTOWN NEW WEST

Enjoy morning coffee on your balcony with views of Mt. Baker! This immaculately maintained 2 bedroom / 2 bathroom South East corner unit has vaulted ceilings, gas f/p, h/w floors, in-suite laundry, storage locker and 2 parking. Bright and spacious, this home has everything you need and a floor plan you will love. Centrally located within walking distance to transit, shops, restaurants and schools. Pets allowed but rentals at max. Call today for your private showing.

1A - 501 COCHRANE AVE Brooke Alexander

402-1035 AUCKLAND ST.

Linda Hale 604-889-9983

604-649-7040 LORI PETTIGREW

JUST LISTED

$354,900 604-813-1044

ALAN YASIN

www.YourRealtyDreams.com

DEXTER ASSOCIATES REALTY $235,000

NEW LISTING

RENOVATED & HUGE FENCED PATIO

SOLD OVER LIST PRICE

Investors & First Time Buyers – This fabulous 1 bed condo is for you! Great home; great value; great investment. Well managed building. Desirable Brentwood neighbourhood on tree-lined street. Short walk to Brentwood Mall, skytrain, restaurants. Springer Park across the street. A MUST SEE!

Fabulous 2 bedroom plus office with tasteful updates. Large, bright balcony. Well managed building. Desirable neighbourhood on tree-lined street. Short walk to Brentwood Mall, skytrain, restaurants. Springer Park across the street

#104-1945 WOODWAY PL.

#208-1945 WOODWAY PL.

BARRY BOCK 604-575-5262 #105-5477 152nd St, Surrey, BC V3S 5A5 www.homelifetitus.com E-mail: barry_bock@telus.net www.BarryBock.com

Port Guichon River Frontage 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.

$895,000

Call Barry Bock at 604-290-3403 for details

West Coast Condominium – your essential guide to condo life in the Lower Mainland. Get the latest news, stats and inside information on the region’s vibrant condo market: • Neighbourhood stats and current sales • Expert condo buying and selling advice • New development previews • Investment essentials • Condo décor and home solutions

Pick up a copy at over 1,600 retail locations in Greater Vancouver Or go to www.rew.ca for our virtual edition. To advertise call 604-379-4576 or email lfry@glaciermedia.ca


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ON H T 4T EN Y 1 EV A S YM LE DA SA R TU SA

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OVER 75% SOLD

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UNIV

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TY SI ER IV ARTS R D UN

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BURNABY • TRI-CITIES

WEDNESDAY, MAY 11, 2016

Looking for a new home? Start here.

R E A L

E S T A T E

W E E K L Y

PENNYFARTHING HOMES INTRODUCES

THE GRAYSON A

n award-winning local developer of high-end multi-family projects, Pennyfarthing Homes is once again turning its attention to the revitalization of the Cambie Street Corridor with its newest project – The Grayson. The Grayson is a six-storey concrete building offering a collection of 58 homes, from one-bedroom through to three bedrooms, including a townhome selection at Cambie Street and 26th Avenue. “We are committed to the redevelopment of the Cambie Street corridor and we couldn’t be happier with the location of The Grayson,” says Anthony Hepworth, president and CEO of Pennyfarthing Homes, a developer with five projects in the Cambie Corridor. “We are on the slope of the hill, so the views are truly spectacular.” With floor-to-ceiling windows and large outdoor patios, the upper floor residences at The Grayson deliver

360-degree vistas of Mount Baker, the North Shore Mountains and the Strait of Georgia. In another first, BLVD Marketing Group, which is in charge of marketing and sales for The Grayson, is excited to offer a new way to buy a home as they are constantly looking for innovative ways that push the boundaries of today’s real estate offerings. BLVD is now allowing buyers to purchase a new presale home from their computer. In partnership with Yongle Technologies, BLVD will provide prospective buyers the opportunity to go online and choose their home, colour scheme, upgrades, parking, storage and any other customizations they want through this new technology. “This front-of-the-line technology is advancing the purchasing process, ensuring a simplified and seamless online transaction,” says Shayna Macquisten, managing partner at BLVD

Marketing Group. Raymond Letkeman Architects Inc. is the firm behind the distinctive urban architecture, which incorporates a mixture of brick façade with expansive windows to convey timeless beauty. In addition, a courtyard walkway between the townhomes and condominiums features a children’s playground and access to garden walk-up units on the main floor. The four street-access townhomes can be reached from the courtyard as well as directly through the parkade. Conceived by interior designer Cristina Oberti, the interior of each residence is showcased by engineered hardwood floors throughout main living areas, energy-efficient air conditioning, overheight nine- and 10-foot ceilings within the Sub-Penthouse and Penthouse Collection, and kitchens with quartz countertops and premium integrated Bosch appliances. Over the past three decades, the

developer has built several multi-family projects on the Westside of Vancouver – most notably the Bennington House, Kitsilano Townhouses, Clipper and Harbour Cove located along False Creek. The Grayson is just steps away from the Canada Line for easy access to downtown Vancouver, Richmond and YVR. This prime Vancouver address offers plenty of amenities, including top-rated schools, shops and restaurants, all within easy walking or driving distance. Learn more about The Grayson and be one of the first to buy into what is a sought-after address along the Cambie Corridor. The Grayson’s grand opening is scheduled for May 28, and tentative occupancy is summer 2018. The Grayson sales centre and display home is located at 3373 Cambie Street, Vancouver. For more information, contact the sales team at 604-588-1907, email info@thegrayson.ca, or visit www.thegrayson.ca

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