BURNABY
WEDNESDAY, WEDNESDAY, JANUARY MAY20, 3, 2016 2017
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
Action Needed to Increase Housing Affordability: Reports T
here is much to be done in order to improving housing affordability in the Lower Mainland, according to two recently released policy proposals by the Greater Vancouver Board of Trade and the British Columbia Real Estate Association (BCREA). The two organizations share much common ground in the ways they think governments should approach housing affordability, with a few key differences. Here’s how their recommendations compare. Density and Diversity of Housing Supply Both organizations identify diversity and density of housing as key priorities. The Board of Trade recommends that politicians “create a smart regulatory environment that encourages the addition of more supply and greater diversity in housing form and tenure, with a particular focus on the Missing Middle,” as well as
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using density bonus zoning “wherever possible and appropriate.” The board also recommends concurrent permitting to speed up development projects that offer affordable and diverse housing options, and a regionwide accreditation program to fast-track processes for those with a “proven track record.” The BCREA specifically recommends zoning changes to encourage more laneway homes and secondary suites while providing financial incentives to encourage municipalities to fast-track projects like townhomes and co-ops. The association also suggests a public education campaign to increase the acceptance of new rental developments and buildings that target first-time homebuyers. Transit-Oriented Growth Both sets of recommendations highlight the need to build along new transit lines.
Hurt By New Mortgage Rules? Youʼre Not Alone, Reveals New Website
The Board of Trade recommends prezoning for transit-oriented housing development during the planning stages of new rapid transit projects, while BCREA specifically suggests financial incentives to encourage the development of affordable three-bedroom homes in transit corridors that are currently at lower density. Rental Housing While both organizations agree that more rental housing is needed in the Lower Mainland, they take different approaches to increasing supply. The Board of Trade suggests that rather than negotiate community amenity contributions for each new development project, governments should waive or offer credit toward the contributions for developments with specific rental components. BCREA focuses on rental housing owners, rather than developers,
A Quarter of Canadian Home Buyers Plan to Buy Alone: Survey
suggesting changes to Capital Cost Allowance rules and the capital gains tax to encourage sellers of investment real estate to re-invest in rental properties. Measures for Homebuyers BCREA recommends additional measures to assist homebuyers, including extending eligibility for the Home Buyers’ Plan (HBP) and indexing the HBP withdrawal amount to the Consumer Price Index (CPI). The association also recommends changes to the PTT that would increase the exemption for first-time homebuyers to $750,000, increase the 2 per cent PTT threshold to $525,000, and adjust the PTT thresholds annually based on the CPI. To read the full BCREA recommendations, go to www.bchousingaffordability.ca For the full Board of Trade housing affordability report and recommendations, go to www.boardoftrade.com and click on “News”.
Editorial: Will GTAʼs Foreign Buyer Tax “Work” Better than Vancouverʼs?
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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 M AY 3 , 2 0 17
Personal , Professional , Experienced .. .
Krista Sojka
SOLD!
Valerie Laurendeau Endless Opportunity
604.603.7333
Call me today!
ValerieLaurendeau.ca ValerieL@remax.net
604-375-9240
Independently Owned and Operated
www.kristasojka.com
Westcoast
110-6086 Russ Baker Way, Richmond BC V7B 1B4 Bus: 604-273-2828 Fax: 604-279-8002
NG
EW
TI S I
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D L O S
1002-9280 Salish Ct, Bby $369,000
Perfect for the first time Buyer or for someone who wants to down-size and bring in their design ideas! This spacious 2 bdrm and 1.5 bath south-facing condo overlooking expansive city views is located in Sullivan Heights, in the Lougheed area. Close to Lougheed Town Centre Mall, skytrain, Costco, Bell Park, SFU with school catchment that includes Cameron Elementary and Burnaby Mountain Secondary. Enjoy the spacious rooms and a large 21'7x3'10" balcony that is accessible from the living rm and masterbdrm to soak up the sun. Roughed-in plumbing and vent for your dream washer & dryer. Well-managed high-rise with an outdoor pool for your enjoyment! No pets or rentals allowed.
www.dexterrealty.com
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale
1119 Sprice Avenue, Coquitlam $1,399,900 This is the listing you’ve been waiting for! Don’t miss out on this incredible opportunity to live on Coquitlam’s next “Street of Dreams”! Just steps to Como Lake and surrounded by brand new multi-million dollar homes, the options are endless with this partially renovated 2,000 square foot home on a flat 8,000 square foot lot with lane access. Live in, rent, build or hold, there’s plenty of room for the whole family with 3 bedrooms up and an in-law suite and rec room below. You’ll love the private, resort style back yard with beautiful, mature landscaping, pergolas and hidden pathways to explore. Newer kitchen, roof, windows and furnace are just some of the updates to this fantastic property.
Taking our Listings Global
BUILDERS & INVESTORS ALERT! FIRST TIME ON THE MARKET! FULL DUPLEX - R4 ZONING OPEN HOUSE SAT & SUN 2-4PM
First Showings Saturday May 6th & Sunday May 7th 12:00 - 4:00 pm
$2,188,000
BUY, HOLD OR BUILD…the possibilities are endless!! This rare property comes with 3 bedrooms up, 2 bedroom basement suite on each side and 3868 sq ft of comfortable living space. Sitting on a massive 72’ x 126’ lot minutes from SFU, Burnaby North, Lochdale Elementary, Kensington Shopping Centre, Burnaby Mountain Golf Course and much more. 1111 Duthie Avenue KAREN CHANG 604-700-8092
BURNABY & TRI-CITIES
The Week in Real Estate
REMAX Lifestyles Realty 22308 Dewdney Trunk Road, Maple Ridge, BC (604) 466-2838
HOME SALES* Detached
15
Attached
22
Looking for a New Brokerage? Receive the highest level of support from our experienced Managing Broker.
Median sale price** Detached
NO FRANCHISE FEES THREE EXCELLENT FEE PLANS STRONG SUPPORT
Attached
$1,170,000 $532,000
Contact Roloff at 604-782-7327 or roloff@evergreenwestrealty.com
Roloff Veld Managing Broker
Top sale price*** Detached
206-1120 Westwood Street, Coquitlam BC, V3B 7K8 T: 604 942 1389 www.evergreenwestrealty.com
Attached
$2,200,000 $1,325,000
IN PRINT AND ONLINE
Active Listing† Detached
854
Attached
684
Your go-to source for the latest Lower Mainland listings, news and advice
JOE PAL
604.721.5121
Westcoast Realty
List your property with Joe Pal. I will show you how to save.
IMPORTANT BE QUICK! 4+ MILLION REDOING EXTERIOR, JUST LIKE NEW UPDATE. AND OWNER PAYS THE LEVY. THIS 2 BR, 2 BATHROOMS, ABOUT 875 SQ.FT. ONLY $378,000.
Days on Market†† Detached
31
Attached
* Total units registered sold April 21-27 ** Median sale price of units registered sold April 21-27 *** Highest price of all units registered sold April 21-27 † Listings as of April 27 †† Median days of active listings as of April 27
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Top floor corner suite. High ceiling living room. Gas fireplace. 16'10" long master bedroom. Window in the kitchen. Small dining room. Your own laundry room. Nicely redone interior. Interior good condition. Underground parking. Bus/Skytrain access, schools loc. 98 Laval Street, Coq., Mallardville. Phone Joe Pal 604-721-5121 North Delta Old timer home on big lot 66'x100'. 3 level home with lots of room for a basement suite. Big workshop. Near Scott Road (120 St.). Asking $900,000. Offers welcome. Drive by 11739 80 Ave. Phone Joe Pal 604-721-5121
R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY M AY 3 , 2 0 17
Your Experienced Local Realtors
604-942-7211 $819,000
pangt@sutton.com
#809-1155 HIGH ST., COQUITLAM • $499,000
www.sutton1stwest.com
OPEN HOUSE SUN., MAY 7TH 2-4 PM
604.617.0189
www.tonyalves.ca • aalves@sutton.com
AN INDEPENDENT MEMBER BROKER
mfelgnar@shaw.ca
Teresa Pang
604.889.7008 Centre Realty 604.435.9477
Sutton Group - 1st West Realty Marten Felgnar 604-250-4175
Tony Alves
John Panrucker 604-230-7390 jpanrucker@sutton.com
OPEN HOUSE M P SAT & SUN 2-4
Orlando Johannson 604-803-4336 orlandoj@shaw.ca
20838 117 AVENUE, MAPLE RIDGE DIAMOND IN THE ROUGH!!.....You'll be AMAZED when you see the interior of this CONTEMPORARY home. Don't judge a book by it's cover, this home had a SUBSTANTIAL - 2 STOREY addition in 1994 and the result will blow your mind! Although it looks like a typical "BC BOX" from the front, what you'll find on the inside, will more than pleasantly surprise you. HIGH VAULTED CEILINGS-OVERSIZED WINDOWS, GRAND STAIRWAYS a MASTER SUITE on a level of its own complete w/LUXURIOUS ENSUITE w/JETTED TUB, HUGE walk-in closet & (15 x 3) DECK & rough-in for a GASF/P!! 4 Bdrms, 4 Bathrooms, Lvgmrm, Famrm, Recrm & Games Rm, room enough for the largest of extended families. PRIV YARD w/ mature trees, sought after SOUTH/WEST Maple Ridge location minutes from schools, parks & services!
Marten Felgnar 604-250-4175
Jim Gwynn 604-880-0948 jgwynn@sutton.com
Ted Yeoh 604-377-0186
Heather Langis 604-720-0091
Surp Rai 604-763-5263
Ivanka Culjak 604-736-1805
tedyeoh1@gmail.com
hlangis@shaw.ca
surpsrai@gmail.com
ivankac365@gmail.com
Gorgeous 2 bdrms unit on the M1, quality finish, south facing with great views. Steps to Coquitlam Centre Mall, restaurants & shops. New Evergreene Line Station, Westcoast Express, perfect location! The open plan with 2 bdrms, 2 baths, with bdrms on opposite sides for privacy. Quality stainless steel appliances, granite counter tops wine fridge, laminate floors, walk in shower. Oversize parking spot and one locker. Shows like new!
choose a
hometown
ALLEN SCHWABE 604-644-5664
expert.
1625 56th Street, Tsawwassen
778.839.8947 seafair.com
SURREY! $268,900 304 - 10082 148 Street
The STANLEY - Highly desired concrete hi-rise in the heart of Guildford!! Wonderful 1 bedroom and den (could be 2nd bedroom) and 2 full bath unit. Features include 2 parking stalls, laminate floors throughout, new laminate in kitchen, new washer/dryer, fresh paint, stainless steel fridge, gas fireplace, storage lockers and large balcony. Enjoy the view from your outdoor space while you entertain friends. With resort style amenities this building has it all: pools, tennis court, hot tub, sauna, gyms with state of the art equipment, party room, and lots of visitor parking. Prime central location steps to Urban Park, walking trails, transit, mall, schools, theatres, T&T and recreation center. Call today!!!
New Listing
$2,988,000
Beach Grove Beauty... Waterfront at itʼs finest
1626 Beach Grove Road, Delta
$3,988,000 Spectacular Ocean Front home with the best Ocean, Mount Baker and Wild Life views. This custom built home features a fabulous floor plan with the highest end finishing and quality workmanship throughout. This great floor plan takes full advantage of the ocean views that open to beautiful patioʼs and yard. Approx. 3000 sq ft with Triple Garage, Outstanding Master Bedroom, Gorgeous Great Room, Gourmet Kitchen, 3 Bedrooms, 5 Bathrooms and Den. This home is a “10”!!!
NORTH VANCOUVER! $1,438,000 2114 William Avenue
Call Vicky 778.839.8947
1584 Beach Grove Road This is a Stunning Waterfront Setting with almost 3000 Square Feet of Space. An incredibly well constructed Home on a Magical Property. Bring your Ideas and make this Waterfront, Panoramic View of the North Shore Mountains to the San Juan Islands your Home. A true Dream Property.
Call Vicky 778.839.8947
THE PERFECT FAMILY HOME!! A beautifully maintained 2100 sq ft 4 bed, 3 bath home. It has so much to offer, including an updated kitchen, new laminate and carpet throughout, and a 1 or 2 bedroom legal suite. Other features include newer hot water tank, high efficiency furnace and windows, new roof, gutters, fence and vinyl on the deck. Just as you thought it could not get any better, just step outside to your very own private oasis. Exceptional landscaping and gardens, and even an inground pool make this yard perfect for entertaining. This home is the complete package!
604-943-3110
New Listing
#113-1166 54A Street, Delta
$599,800 Move into the BRIO. A beautiful condo with 1086 sq.ft. of luxury living. This unit features quartz countertops, elegant hardwood flooring with 100% wool carpet in the bedrooms. Step out to your sunny garden patio and enjoy the west coast life. You are steps from Tsawwassenʼs shopping and restaurants. A magnificent easy life style in central Tsawwassen. Do not wait!!
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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 M AY 3 , 2 0 17
SHOWCASING THE BEST OF CONDO LIVING IN THE LOWER MAINLAND
5519 Grove Avenue Ladner, Hawthorne Stunning Custom Built Executive Home! Offered at $1,839,900 5 Bedrooms – 3472 square feet, 8796 sq foot lot Master on the Main!
Stay on top of the hottest trends, newest developments and the coolest neighbourhoods. ●
Gorgeous photography ● Exclusive community reports ● Tips and ideas for condo living West Coast Condo is the must-read magazine for savvy condo dwellers. To r e c e i ve yo u r c o py, e m a i l a f o s t e r @ we s t e r n i nve s t o r. c o m
Eaglehurst is a new neighbourhood of 99 freehold, non-strata, homes, situated perfectly on the Saanich Peninsula, on Vancouver Island. Each ĘŅĵå ĜŸ ÏåųƋĜĀåÚ ƚĜĬƋ :ųååĹTM and comes standard with premium quality ĀĹĜŸĘĜĹčŸ ±ĹÚ ĀƻƋƚųåŸţ Ă ĵĜĹŸ ƋŅ 8åųųĜåŸØ Ɛ ĵĜĹŸ ƋŅ ŧƚ±ĜĹƋ %ŅƵĹƋŅƵĹ ĜÚĹåƼ ±ĹÚ ŎĂ ĵĜĹƚƋåŸ ƋŅ ĜÏƋŅųĜ±Ø )±čĬåĘƚųŸƋ ĜŸ ± ÏŅĵĵƚĹĜƋƼ ÏŅĹĹåÏƋåÚţ Visit our website for more information.
DEXTER ASSOCIATES REALTY
R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY M AY 3 , 2 0 17
NOW SELLING DON’T MISS OUT
MORE HOMES BEING RELEASED...
Dewdney Trunk Rd Lougheed
Hwy
MAPLE RIDGE Downtown Ha
ne
yB
GOLDEN
y-
Kanaka Way
Pa
ss
Slatford St
E EARS BRIDG
Wynnbrook gives you single family home living in a parkside setting. Set between lush nature and the Albion Sports Complex, it’s the perfect location for active families. Enjoy football, soccer, baseball and a kids’ water park all within walking distance from your front door. Add to that open green space, easy highway access, great schools, and convenient shopping – perfect for today’s busy families.
ve
5
A
10
104 Ave
(Except Friday)
604.380.4708 | mstarhomes.com
Lou
gh
ee
dH
wy
240 St
Sales Centre Open: Noon - 6pm
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BURNABY • TRI-CITIES
W E D N E S DAY, M A Y 3 , 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
Sales at Sun Towers are Truly Sizzling S pectacular views, luxurious homes and a private residence club to rival a five-star hotel … welcome to Sun Towers. Unlike anything you’ve seen in Burnaby before, Belford Properties has launched a 41-storey tower, the final tower in the Golden Row – one of five cosmopolitan condominium towers, which will rise along Beresford Street in Metrotown. “Location is king and Sun Tower’s signature location on Beresford Street is hard to beat,” says Matt Pesklewis, project director at Key Marketing. “Convenient transit access is so desirable, and you can’t get better access than here, we’re only 40 metres from Metrotown Skytrain station.” Great location doesn’t just mean transit access. “Metrotown is a vibrant urban hub at the centre of Metro Vancouver”, adds Pesklewis, “There’s a great energy here, good shopping, wonderful dining, fantastic parks; it’s got it all.”
Set to become a landmark high rise, Sun Towers promises to elevate sophistication and elegance to a whole new level. Designed by the awardwinning IBI Architects, the minute you walk into the Sun Towers two-storey lobby, with dedicated concierge, you feel like you are in a sophisticated hotel. This unique selection of thoughtfully designed homes – comprising one-, two- and three-bedroom residences – are walking distance to parks, trails and recreation, while also providing immediate accessibility and convenience to the province’s largest shopping centre. Adjacent the BC Parkway – a walking, cycling path that connects New Westminster to Vancouver – Sun Towers is an exclusive collection of 285 residences ranges in size from 518 to 1,048 square feet, as well as a mix of office and retail space, including a restaurant and daycare facility. The homes are designed with an obsession
for detail and timeless quality, featuring an elegant mix of natural materials. Space feels open and bright, yet comfortable and warm. For your comfort, each home is equipped with in-home heating and air conditioning. The sleek gourmet kitchens are equipped with high performance German-made Bosch appliances, which are seamlessly integrated into the custom designed German Nobilia cabinetry with Quartz countertop and full marble slab backsplash – adding a truly sophisticated aesthetic. The hotel-style bathrooms feature oversized floor and wall tiles in a timeless Carrera marble design and a floating Nobilia vanity to complement the sleek faucets and spa-inspired feel. The fitness centre is part of the Solaris Club – a complimentary private club for owners, spread over three floors offering an incredible mix of amenities, including a 60-foot swimming pool,
sauna, steam room, hot tub, badminton court and state-of-the-art fitness centre with members’ lounge and kitchen with dining room. Then there’s the Sky Garden, an incredible 6,700-square-foot outdoor rooftop space with a child’s play area, outdoor BBQ and dining area, ping-pong, fire pit with surround lounge seating, hammocks and a sculpture garden – this is a true oasis in the sky. Sun Towers sales were launched in early April and 100 per cent of the units within the initial release were sold out within 10 days, with more than 90 per cent of those sold to local buyers. The remaining 10 per cent of held-back units are now set to be released – so be quick, or you’ll miss your chance to own a home in this iconic building. For more information or to register for the final sales release, call 604-336-0899, email info@suntowersmetrotown.com or visit www.suntowersmetrotown.com today.
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