BURNABY
WEDNESDAY, WEDNESDAY,NOVEMBER JANUARY 20, 9, 2016
TRI-CITIES
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R E A L E S TAT E W E E K LY
Vancouver Home Sales in October Flat vs. September – But Below Norms: REBGV
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reater Vancouver’s home sales in October were virtually flat with September’s figures – but well below historical averages, according to Real Estate Board of Greater Vancouver (REBGV) figures released November 2. “Changing market conditions compounded by a series of government interventions this year have put home buyers and sellers in a holding pattern,” said Dan Morrison, president of the REBGV. “Potential buyers and sellers are taking a wait-and-see approach to try and better understand what these changes mean for them.
Sales and Listings Residential property sales in Greater Vancouver totalled 2,233 in the 2016, a decline of 38.8 per cent compared with the 3,646 sales in October 2015, but just 20 units fewer than September this year, a drop of 0.9 per cent. October’s
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transactions were also 15 per cent below the 10-year sales average for the month. The steepest annual drop in sales was once more in the single-family home market, which saw 652 houses exchange hands in October, a decline of 54.6 per cent from the 1,437 detached sales of October 2015, and 1.4 per cent lower than September this year. Attached properties such as townhouses and duplexes saw 403 sales in October, a 39.5 per cent fall compared with the 666 sales in October 2015, and a drop of 1.1 per cent from the previous month. September’s condo-apartment transactions totalled 1,178 in October, a fall of 23.7 per cent compared with the 1,543 sales in October 2015. However, this was an increase of 0.3 per cent over September 2016. Home inventory patterns remain in
Fraser Valley Home Sales Recover in October, But Listings Slow: Board
flux with sellers unsure of their next move as market conditions change. New listings on the Greater Vancouver MLS® in October were down 3.5 per cent year over year to 3,981 units. This is a drop of 17 per cent compared with September this year, when the selling market became slightly more active after a summer lull. The total number of active listings available for sale on the MLS® in Metro Vancouver, as of the end of October, stood at 9,143 homes. The sales-toactive-listings ratio for October stood at 24.4 per cent. To achieve a balanced market, the ratio needs to be between 12 and 20 per cent, according to analysts.
September’s record $1,579,400, but a rise of 28.9 per cent year over year. The benchmark price of attached properties such as townhomes and row homes fell slightly in October to $669,200, 1.1 per cent less than September’s $677,000. The October price is 25.7 per cent higher than October 2015. The board’s condo-apartment benchmark price stood at $512,300 in October, which was a rise of 20.5 per cent over October 2015. Reflecting the month-over-month increase in condo sales, the benchmark price was 0.3 per cent higher than September’s typical condo price of $511,800.
Benchmark Prices
Home prices vary widely throughout the REBGV region. To get a good idea of home prices in a specific location, check the detailed MLS® Home Price Index at www.rebgv.org/news-statistics.
Broken out by housing types, the benchmark price of a Greater Vancouver single-family home was $1,545,800 – down 1.4 per cent compared with
Editorial: Lessons Learned at the Vancouver Housing Summit
Selling Your Home? Make Sure Your Agent is Marketing it Properly
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Monet TYLER
West Real Estate Services
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
4 Aspen Court
$1,488,800
PRIC
www.monettyler.com
NEW LISTING
38-2000 Panorama Drive
NEW
❚
$548,000
20 Timbercrest Drive
$1,478,000
3328 Cornwall Street, PoCo $868,000
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SOLD #313 121 Brew Street
$418,000
137 Aspenwood Drive
$1,798,000
Your Experienced Local Realtors
1 Parkglen Place
$1,278,000
1208 Cypress Place
VIDA BJELICA
2005
5409 CHAFFEY AVE., Central Park, Burnaby $2,888,888
Sutton Group - 1st West Realty AN INDEPENDENT MEMBER BROKER
604-942-7211
John Panrucker 604-230-7390 jpanrucker@sutton.com
www.sutton1stwest.com
Marten Felgnar 604-250-4175
$2,298,000
1ST OPEN SAT & SUN, 2-4 pm
mfelgnar@shaw.ca New Custom built contemporary home, features 6 bdrm/5 bthrm, two way gas f/p, large kitchen with quartz counter tops & huge working island, plus separate spice kitchen with gas stove, lrg hood fan & all highend appl. Built in double door fridge plus built in two wall ovens. Beautiful living & dinning room, open floor plan, high ceiling large windows, theatre style family room, 2 bdrm legal suite downstairs, separate entrance. You will love the huge outdoor fenced backyard & beautiful stone work & great deck off the kitch, also large balcony upstairs covered & heated. Includes; granite fence retaining wall, built in vacuum, exterior gas hook up on rear deck. A/C/heat recovery ventilator. 2-5-10 NHW. Walk to Crystal Mall/Metrotown. Come see this beauty.
(604) 619-6263 (6
Orlando Johannson 604-803-4336
Sutton Centre Realty
orlandoj@shaw.ca
1905 EDGEWOOD AVENUE, COQUITLAM Luxurious 7 bdrm 6 bath spectacular home with lane access in central Coquitlam beside Laurention Park Close to Hwy 1, Sky train, shopping, Recreation center 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 & Central A/C. 2-5-10 Warranty in place.
John Panrucker 604-230-7390
Looking for a New Brokerage?
Jim Gwynn 604-880-0948
Receive the highest level of support from our experienced Managing Broker.
jgwynn@sutton.com
NO FRANCHISE FEES THREE EXCELLENT FEE PLANS STRONG SUPPORT
Heather Langis 604-720-0091
Linda Song 778-990-6322
Surp Rai 604-763-5263
Tim Seo 604-358-2111
hlangis@shaw.ca
lsong@sutton.com
surpsrai@gmail.com
timseo09@gmail.com
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
R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY N OV E M B E R 9, 2 0 1 6
CHERYL DEWSON 604.722.3219
EMILY SANDHACK 604.339.9150
cheryldewson.com
sandhack@dexterrealty.com
Over 26 years of award-winning sales and service! Mark
Dexter Associates Realty 604.263.1144
$2,098,000
DEANS
Sheryl
DAWSON
Let’s talk about real estate: www.dawsonrealtyexperts.com
Alice
Brokerage: Royal Pacific Realty Corp.
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Mark 604.328.7891 | Sheryl 604.209.3118 | Alice 604.617.6821
NEW LISTING
14482 92ND AVE., SURREY! FANTASTIC FAMILY HOME * PRICE REDUCED $739,900!! PRIME GREEN TIMBERS BEAR CREEK LOCATION
Charming Family Home with good bones on a private 86 X 150 Ft Lot in a sought after quiet North Burnaby Cul-de-sac.
8120 Hunter Street
OPEN SUN NOV 13TH 2-4 PM THINKING OF SELLING OR BUYING? CONTACT US! PUT OUR EXPERTISE & EXPERIENCE TO WORK FOR YOU!
Candace Filipponi 604-809-4403
DEXTER A SSOCIATES www.cfilipponi.com R EALTY candacefilipponi@gmail.com
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209-2393 WELCHER AVE., GEM IN PORT COQUITLAM!
EXCEPTIONAL FAMILY HOME LARGE, LEVEL LOT!
1002-555 JERVIS ST., VANCOUVER NEW WATERFRONT LISTING!
This recently updated 1 bdrm. suite is sure to please! Living room features large bay window, cozy gas fireplace with renovations that include: new laminate floors, new carpet in bedroom, fresh paint throughout, updated bathroom, new washer/dryer, S/S appliances, new sink & backsplash in kitchen along with new lighting. Includes 1 parking spot & storage locker. Located within walking distance to coffee shops, restaurants, grocery store, schools and rapid transit. $236,800. MLS R2114049.
Exceptional family home in one of Coquitlam’s most desirable areas. A lovely home with a stately street presence. Situated on a large fenced lot with inground sprinkler system. The separate inlaw or nanny suite is outstanding! Close to schools, golf course & skytrain. $1.267M. MLS R2082720.
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Lincoln Park family home with Evergreen Park at your doorstep. This home features 3 bedrooms, 2.5 bathrooms, 2 cozy gas fireplaces for those cool fall evenings. Nice large rooms and great layout with formal living/dining room. 2 car attached garage.
Rarely available, fantastic home with S. facing backyard. Close to the best schools & parks in Surrey! This lovely, bright, 3 bdrm & 3 bath, fully fenced home is situated on a level lot. A beautifully kept home with vaulted ceilings, skylights and a floor to ceiling rock fp in living room with new gas insert. Great flow from dining room, kitchen & family room to large back deck with glass railings. A delight for entertainers! Master is huge & large enough for king bed + has walk-in closet. 2 other bdrms up. Both bathrooms up are showroom quality! New fixtures, plumbing, etc. Vinyl siding, thermo windows & gutters only 3-4 years old. Lots of life left on roof. High efficiency furnace and hot water tank only 2 years old. MLS R2109525
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UNBEATABLE LOCATION
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$745,800 Fabulous
NEW PRICE
Call Candace to view 604-809-4403 955 LOMBARDY DRIVE
180 degree sweeping views from all principal rooms! Approx. 1886 sq. ft. 3 bdrm (easily 4) + 3 bathrooms (2 with ensuite) 2 parking and 8 (yes, not a typo!) storage lockers! Custom, gourmet, kitchen with a separate wok kitchen. Professionally managed bldg. with onsite staff, security, saltwater swimming pool, spa, gym etc. $2.488M. MLS R2102697.
CONTACT US FOR A FREE PROPERTY MARKET EVALUATION!
Valerie Laurendeau Endless Opportunity
604.603.7333 ValerieLaurendeau.ca ValerieL@remax.net Independently Owned and Operated
Westcoast
406 6833 VILLAGE GREEN, BURNABY • $399,000 184 N. SPRINGER AVE
$1,498,000
STUNNING VIEW PROPERTY Fantastic view property in North Burnabyʼs coveted Capitol Hill neighbourhood. This 3 bed/3 bath, 2 level basement home features breathtakingly beautiful 180 degree views of the North Shore mountains, Metrotown in the south, with Burrard Inlet & the towers of Downtown Vancouver in between & out to Howe Sound.
www.dexterrealty.com
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale NEW LISTING
Taking our Listings Global $288,800
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 finishing 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
SOLD
110-6086 Russ Baker Way, Richmond BC V7B 1B4 Bus: 604-273-2828 Fax: 604-279-8002
Cozy top floor 2 bedroom 1 bath condo built by Adera with vaulted ceiling, looking onto a quiet treelined setting. Updated with laminate floors in the living rooms and bedrooms, stainless steel appliances and bathroom tiles. The bedrooms are separated by the living area for privacy. Gas fireplace, insuite laundry, 2 parking. 2 pets and rentals are allowed. Steps from Edmonds skytrain station, schools, shopping, amenities. This is great for 1st time buyers or investors.
SOLD 808-4189 Halifax St., Burnaby $499,000
IN PRINT AND ONLINE Your go-to source for the latest Lower Mainland listings, news and advice
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Visit our Website to see all our Listings Sell for TOP DOLLAR with Managed Market Pricing Strategies
7006 KITCHENER STREET • SPERLING - DUTHIE Hold, Renovate or Build Your Dream Lovingly maintained family home on a 7,560 s.f. property in desirable Burnaby North neighbourhood. Close to shops & amenities plus near great schools: Lochdale Elementary, Burnaby North Secondary & SFU.
Receive your up to the minute FREE Home Evaluation by going to:
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faithwilsongroup.com/free-home-eval
60’ x 126’ Lot 1,653 s.f. Home 3 Bedrooms 1 Bathroom Hardwood Floors
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Wood Fireplace Terrific Garden S-Facing Backyard Single Carport Grt Neighbourhood
$1,568,000
3372 DON MOORE DRIVE • BURKE MOUNTAIN
Gorgeous Family Home
Outstanding 3 level family home in terrific Burke Mountain locale! Elegant principle rooms with high ceilings, updated kitchen with custom cabinetry, lovely west-facing sundeck & stunning backyard with lush gardens.
Beautiful 3 level family home in sought-after Burke Mountain community with spacious, open concept living, 3 bedrooms up & custom basement layout. Close to amenities, parks & trails. 2-5-10 year warranty.
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Open Saturday & Sunday 2:00 – 3:00pm
3387 WATKINS AVENUE • BURKE MOUNTAIN
Beautifully Landscaped Family Home
6,604 s.f. Lot 3,115 s.f. Home 5 Bedrooms 3.5 Bathrooms Over-height Ceilings
New Listing
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Gas Fireplace Legal Suite West-facing Backyard 2-5-10yr Warranty 2 Car Garage
$1,288,000
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Open Saturday & Sunday 2:00 – 3:00pm
31.72’ x 117.56’ Lot 3,155 s.f Home 4 Bedrooms & Den 3.5 Bathrooms Soaring Ceilings
New Listing
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GE Appliances Air Conditioning 2 Sets of Laundry Private Backyard 2 Car Garage
$1,246,000
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CELEBRATE OUR SALES COMMENCEMENT WITH LIMITED TIME INCENTIVES —SAVE UP TO $10,000
1 BLOCK FROM VANCOUVER WITHOUT VANCOUVER PRICES BEST VALUE IN BURNABY PREMIUM HOMES TODAY 1 Bedrooms from $350s compared to $400,000 elsewhere in Burnaby + Air conditioning in every home + 9' ceilings + Triomphe Pavilion: 3-storey amenity building with swimming pool + Extra large balconies + Functional floor plans + Steps to Gilmore Station
GILMORE AVE
BOUNDARY RD
+ One block to Vancouver + 15 minutes to Downtown Vancouver
N HALIFAX ST
PRESENTATION CENTRE
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VISIT US TODAY! Unit B–4247 Lougheed Hwy, Burnaby, BC Open Daily from 12 –5PM (except Fridays) 10,000 sf Presentation Centre with two full display suites 604.828.1373 | info@triompheresidences.com
TRIOMPHERESIDENCES.COM This is not an offering for sale. Any such offering for sale can only be made with the applicable disclosure statements. E&OE
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2B ED ./2 BA TH .F RO M
$3
64
,9
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Artist’s Rendering - Mahogany Plan B-2
VANCOUVER LUXURY. ABBOTSFORD PRICES. 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 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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NO
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Welcome to your own private haven at Parker House, Polygon’s final collection of boutique apartment residences at Windsor Gate, ready to move into early next year. Only here do stylish, open-plan residences meet twenty-five acres of master-planned living and a lavish 18,000 square foot clubhouse inside Coquitlam’s most sought-after neighbourhood.
LARGE TWO BEDROOMS FROM $429,900
WINDSOR GATE
N LINCOLN AVE
KENSAL PLACE
PI P
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NE
RD
SALES OFFICE: 1151 Windsor Mews Open Noon to 5pm Daily (except Friday) 604.945.8741 parkerhouse@polyhomes.com
POLYGON PARKER HOUSE LTD.
POLYGON WINDSOR GATE LTD.
IN
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BURNABY • TRI-CITIES
WEDNESDAY, NOVEMBER 9, 2016
Looking for a new home? Start here.
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IMPERIAL: INSPIRED BY A FIVE-STAR HOTEL
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aking its cues from its luxury boutique Loden Hotel in downtown Vancouver, Amacon’s Imperial infuses elements from the developer’s award-winning hotel into all of its homes at Imperial. The lobby, the amenities and the homes have been well considered, inspired by a “tailored to perfection” vision carried out through the design process. Rising 26 storeys, Imperial is named for its location on Imperial Street in the Metrotown neighbourhood, steps to everything this growing neighbourhood has to offer – restaurants, SkyTrain, parks, recreation and shopping. A hotel-style lobby will combine the look of luxury and with an elevated, full-service concierge to provide the
sense of arrival one would expect upon arrival to a hotel. Offering a collection of 169 homes, Imperial is about choice, with onebedroom through to three-bedroom tower homes, including a townhome collection, live-work homes and penthouses. Imperial is also all about quality time, whether it’s that quiet solitude on your spacious deck or in living room catching up on a good read while taking in expansive views, or family dinners, lovingly prepared in the well-appointed kitchen. Everything inside these contemporary homes is comfortable and well thought-out, built for the way people live today. With ninefoot ceilings, air conditioning, USB
receptacles, a large-capacity washer and dryer, and custom organizers in the master bedroom closets, all homes include those interior design elements that speak to ease and comfort. In the kitchen, integrated appliances, full-height cabinetry, a convection wall oven, five-burner gas cooktop and polished-quartz waterfall countertops are included. In the bathrooms, Moen brand fixtures, custom medicine cabinets and a pullout vanity organizer continues the tailored look and feel of Imperial. The private amenities space will be outfitted by a fully equipped fitness centre, a yoga studio, a business meeting room, a music room, a games room and a guest suite. A large social
lounge will boast a social a full kitchen and two large dining tables, perfect for larger gatherings. The social lounge also opens to a large outdoor terrace with garden plots for those green thumbs. And if sustainability appeals to you, Imperial also offers a car- and bike-share program. With more than five decades of excellence in the industry, Amacon has a stellar track record. Opening in October, the Imperial presentation centre, which includes a two-bedroom show home and two kitchen vignettes, is located at 4700 Imperial, Burnaby. Tentative occupancy: late 2018 or early 2019. For more information, visit www.imperialbyamacon.com.
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