BURNABY
WEDNESDAY, WEDNESDAY,JANUARY OCTOBER20, 5, 2016
TRI-CITIES
info@rew.ca • 604-435-7977
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R E A L E S TAT E W E E K LY
Dodging Vancouver’s Vacant Home Tax Could Result in $10K Fines: City Staff F
resh details of Vancouver’s proposed vacant home tax came to light September 20, as staff presented their report to City Council and requested approval for their public consultation budget. The proposal report, which is available on the City’s website at www.vancouver.ca, confirmed that the “Empty Homes Tax” will operate using a self-reporting process – just like income tax – and will be audited by the City on a random basis and in response to complaints made to the City by neighbours and other residents. Staff told council that the penalties for those found to be avoiding the tax should be stiff – as much as $10,000, which is the maximum fine the city can issue. Staff are also asking council to approve the $220,000 budget needed for the public consultation process on the tax, to be held this fall – some $210,000 of which
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will pay for letters to the public informing them of the consultation process, with $7,500 paying for openhouse discussions and workshops, and $2,500 for the final report to be presented to council. The proposal report outlines scenarios in which home owners would be exempt from the tax, such as those using it as a primary residence, those who have tenants or family members living in the property full time, those who live in the property for part of each week on a commuting basis, and where homes are awaiting demolition or renovation, with permits. However, the public consultation will be used to determine whether certain grey-area scenarios should be exempt from the tax or not – such as where the home is used for just a few months of the year by the owner, whose primary residence is elsewhere. The process will also help staff determine the amount of the tax that will be levied, which the report says could be as low as 0.5 per cent or as high as two per cent of the assessed value of the home, payable on an annual basis.
AirBnB and Other Short-Term Rentals to Require Business Licence: City
On an empty home worth $1 million, that would come to between $5,000 and $20,000 a year in additional taxes, on top of regular property tax. Arnon Dachner, partner at Dentons LLP, was jokingly asked at an Urban Development Institute luncheon September 16 whether he would complain to the City if he thought a neighbouring home was left vacant. He said, “I’m not really a snitcher – as long as they don’t park in front of my house while leaving their house vacant, I don’t mind! I don’t really hold with the ‘snitching on your neighbours’ process. But a lot of our taxation systems, like income tax, are based on self-reporting. And yes, there will be audits. But I don’t relish the idea of people knocking on each other’s doors to try to ascertain whether the home is vacant.” He added, “I think it will make for a great new business – the guy who mows the lawn, who drops off the fake grocery bags, who takes out fake garbage bags…” The City of Vancouver has started its public consultation process on the new empty homes tax with a 10minute online survey. To contribute to the outcome, sign up at www.talkvancouver.com.
Bank of Canada Likely to Freeze Rates until 2019: TD Bank Forecast
Editorial: Deflating the Hot-Air Bubble on Real Estate Market Hype
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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 O CTO B E R 5 , 2 0 1 6
Happy Thanksgiving
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 NEW G IN LIST
1 Parkglen Place
604.763.4307
❚
NEW G IN LIST
$1,278,000
www.monettyler.com
❚
NEW G IN LIST
6 2000 Panorama Drive
$598,000
137 Aspenwood Drive
$1,838,000
218 225 Newport Drive
SOLD 4 Aspen Court
Brookside Realty
$1,498,800
121 Fernway Drive
$1,058,000
$388,000
SOLD
3883 Wellington Street, PoCo $838,000
Chad August
3582 Franklin Street
$1,098,000
Your Experienced Local Realtors
604.318.5254
Sutton Group - 1st West Realty
WWW.CHADAUGUST.COM
AN INDEPENDENT MEMBER BROKER
chadaugust@shaw.ca
Orlando Johannson 604-803-4336
COMING SOON • 43 TOWNHOMES 1300 sqft - 2000 sqft (3 Bed Plus)
orlandoj@shaw.ca
604-942-7211 www.sutton1stwest.com
$3,649,800
From $374,900
Surp Rai 604-763-5263 surpsrai@gmail.com
Call for priority registration and information
www.ruxtonvillage.ca **this is not an offering for sale any such offering may only be done by Disclosure Statement E.&E.0.
#13 11255 232nd $424,900 End Unit, 3 Bed Large fenced yard Approx 1450 sqft MLS# R2099405
#309 11566 224th St $339,900
MLS# R2105317 2 Bed, 2 Bath (could be 3 bed) 1054 sqft Water Views Quick Possession
#407 12083 92A $249,900
Linda Song 778-990-6322 lsong@sutton.com
13021 13TH AVENUE CRESCENT BEACH/OCEAN PARK, WHITE ROCK BREATHTAKING OCEAN VIEW LOTTERY HOME!! Stunning Custom built home built with a classic elegant style. Featuring PRIVATE ELEVATOR to access all 3 levels. Craftsman finishing throughout make this one of the Best Lottery Homes Ever. The bright open plan on the main with gourmet kitchen, formal dining room, den and solarium is both grand and inviting capturing panoramic views of ocean and lush greenery. Luxurious top floor Master suite with opulent 6 piece enste bath. Fully fin. bsmt. includes a massive recrm, wet bar, fully equipped theatre room, home gym and guest room with ensuite. Enjoy time spent outdoors on the huge ocean view front porch and on the expansive patio in the private oasis like backyard.
Orlando Johannson 604-803-4336
Jim Gwynn 604-880-0948 jgwynn@sutton.com
NEW LISTING 2 Bed, 2 Bath, Top Floor Immaculate Condition Quick possession possible
John Panrucker 604-230-7390
Marten Felgnar 604-250-4175
Heather Langis 604-720-0091
Tim Seo 604-358-2111
jpanrucker@sutton.com
mfelgnar@shaw.ca
hlangis@shaw.ca
timseo09@gmail.com
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Visit our Website to see all our Listings 7006 KITCHENER STREET • SPERLING - DUTHIE
3372 DON MOORE DRIVE • BURKE MOUNTAIN
Hold, Renovate or Build Your Dream
Beautifully Landscaped Family Home
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.
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.
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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
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O D L O S T O JUS
MATHESON
604.791.3211
$1,325,000
3387 WATKINS AVENUE • BURKE MOUNTAIN
Stunning 180 Degree View
Gorgeous Family Home
Expansive views from this fabulous suite with 9ft ceilings, tons of natural light, gourmet kitchen & spacious living. Great building amenities & prime Burnaby North location, steps to all amenities.
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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963 s.f. Suite 2 Bedrooms 2 Bathrooms 9 Foot Ceilings Gas Fireplace
New Listing
Dan
Gas Fireplace Legal Suite West-facing Backyard 2-5-10yr Warranty 2 Car Garage
New Price
$1,688,000
1404 – 2808 MADISON STREET • BRENTWOOD PARK
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6,604 s.f. Lot 3,115 s.f. Home 5 Bedrooms 3.5 Bathrooms Over-height Ceilings
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Oversized Balcony 180 Degree Views In-suite laundry Rentals & Pets OK Main fee: $265
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31.72’ x 117.56’ Lot 3,155 s.f Home 4 Bedrooms & Den 3.5 Bathrooms Soaring Ceilings
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GE Appliances Air Conditioning 2 Sets of Laundry Private Backyard 2 Car Garage
New Price
$608,000
Michelle
$1,265,000
GEORGE GOMORY
VAN TONGEREN
FREE HOME EVALUATIONS
604.798.6626
Call Now!
9240 Young Road, Chilliwack 604-393-7880
604-765-7653 5671 Sardis Cr., Forest Glen
PRIVATE BACKYARD & ONE BEDROOM SUITE 2111 Dauphin Place, Burnaby $1,890,000
SOLD
2400 sqft home on large view lot. Wonderful Garden! www.GeorgeGomory.com
Welcome home to your own private oasis! Park like setting back yard with mature trees. Home situated on private end of cul de sac. Burnaby North school catchment. This spacious home includes a bright family room with window seating, hardwood in dining area, upgraded kitchen with a stove the master chef would love, high end appliances, track lighting, skylight, massive windows into the back yard. 3 big bedrooms with fans in all of them. Plus a 1 Bdrm suite downstairs with own laundry and entrance. Don’t miss this family home!
6239 Canada Way, Buckingham Heights
205 - 5127 Irving, Forest Glen
SOLD
SOLD
2600 sq ft 4 level split home on large 60 x 164 R1 Zoned Lot
South Facing 1 Bedroom apartment in Irving Apartments Ltd. Close to Metrotown.
www.GeorgeGomory.com
www.GeorgeGomory.com
602-6055 Nelson Ave., Forest Glen
7725 Berkley, Burnaby Lake
SOALSD KING
OVER
SOLD
Courtyard facing 2 bedroom, 2 bathroom condo with about 1100 sq ft of space and a covered patio. 1 Parking, 1 Locker, Rainscreened building.
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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R E W.ca » B U R N A BY / T R I - C I T I ES » W E D N ES DAY O CTO B E R 5 , 2 0 1 6
CHERYL DEWSON 604.722.3219
EMILY SANDHACK 604.339.9150
cheryldewson.com
sandhack@dexterrealty.com
Dexter Associates Realty 604.263.1144
604-809-4403 www.cfilipponi.com candacefilipponi@gmail.com $399,900
NEW LISTING $2,098,000
Candace Filipponi
$799,800
$319,000
SOLD
Charming Family Home with good bones on a private 86 X 150 Ft Lot in a sought after quiet North Burnaby Culde-sac.
DEXTER ASSOCIATES REALTY
SOLD
THE HUDSON
UNBEATABLE LOCATION
THE BENTON
Spacious BOSA built 1042 sq.ft. 2 bedroom, 2 bathroom condo. Cozy gas fireplace, large balcony, unit comes with parking and storage locker. Fantastic amenities including indoor pool and hot tub. Close to Coquitlam Centre, Lafarge Lake and new skytrain line coming soon! 401-1196 PIPELINE ROAD
Fabulous 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. Call Candace to view 604-809-4403.
Spacious 2 bedroom, 2 bathroom w/ den condo includes fantastic 11' x 10' covered patio. Beautiful oversized kitchen with stainless steel appliances. Master has built-in closets for extra storage. Fantastic location 5 min drive to Costco & Walmart, McLean Park ½ block away! 2 parking and one storage locker. Call Candace to view 604-809-4403!
955 LOMBARDY DRIVE
214-1655 GRANT AVENUE
8120 Hunter Street
EQUESTRIAN DREAM $1,258,000
Full-sized Dressage Ring, 70ft. Round pen Jumping Ring, Cross Country field. Heritage style barn. Low maintenance fencing. Renovated one bedroom home. Plans for large home available. Stunning gardens, mountain views. Must be seen to appreciate!
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.
36936 McKamie Road
With Experience& Enthusiasm Expect Results! www.dexterrealty.com
Call 604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale
Eva Roberts
Sutton Grp West Coast (Van49) (604) 257-8888
Taking our Listings Global
eroberts.ca
CELL. (604) 328-7009
NEW LISTING
WONDERFUL, CHARMING & COMFORTABLE TOWNHOME FAMILY-FRIENDLY COMPLEX IN BURQUITLAM NEIGHBOURHOOD NEW LISTING
$458,000
$499,000 FARROW RIDGE – beautiful award winning complex
built by Amacon. Nearby all levels of schools, parks, shopping & golf course. Only steps away from the future Burquitlam Evergreen Station and only a few minutes’ drive to Lougheed Highway & easy access to Highway 1. This unit offers a functional layout with open kitchen, spacious dining & living room w/ cozy fireplace & it leads to a lovely balcony. Upstairs offers 2 generously sized bedrooms. The very top floor offers a bright & quiet den/3rd bedroom that opens up to the rooftop deck – your private oasis which is the perfect place to relax under the sun. Come visit & make this your home today 25-730 FARROW STREET MARGARET WONG & JOHN ZHOU 604-263-1144
PORT MOODY 3374 Viewmount Drive Extensively remodelled Port Moody family home on rare RT-1 duplex zoned, huge 8259 sq.ft. lot! Over $150,000 spent on renovations. Rented both up & downstairs. Great central location near new skytrain station, mall, transit, etc. Great opportunity for home owner or investor. Asking $1,358,888. MLS #R2090546
Fabulous West Coquitlam 2 Bdrm & Den & Condo Large,1000 sq ft. 8 yrs young unit at desirable “Cora” complex. Spacious, open floorplan with 2 bthrms, exquisite kitchen including granite countertops and stainless appliances. Beautiful city and mountain view from the 8th floor on the huge deck. Centrally located nr Lougheed Town Centre Mall, Skytrain, Hwy 1, restaurants and shops.Call today! MLS #R2112300
IN PRINT AND ONLINE 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
Your go-to source for the latest Lower Mainland listings, news and advice
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Nothing protects like BCAA Home Insurance
Quote on
HOME INSURANCE and get a
$20 GIFT CARD
No matter what life throws your way, our BCAA Home Insurance team will be there to help. Get a quote today and get a $20 Ultimate Dining Gift Card to Milestones®, Swiss Chalet®, Montana’s®, New York Fries® and more. Limited time offer.
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Call 1.888.268.BCAA (2222)
Insurance is sold through BCAA Insurance Agency and underwritten by BCAA Insurance Corporation. Some conditions apply. Offer subject to change without notice and is valid from October 1, 2016 while quantities last at participating locations. Offer is valid in store or by phone and applies to new BCAA policies only. To be eligible you must be purchasing home insurance for the first time, or your current home policy with another insurance provider must expire within 90 days of the quote. Minimum premium of $250 and other restrictions may apply. ®Registered trademark of Cara Operations Limited used under license.
Find Out Why Wynnbrook Is The Best Value WYNNBROOK’S HOMES ARE LESS EXPENSIVE THAN COMPARABLE HOMES IN MAPLE RIDGE AND NEIGHBOURING COMMUNITIES - EVEN WHEN YOU INCLUDE GST!
AVERAGE HOME PRICES
$1,500,000 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
COQUITLAM $1,000,000 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _LANGLEY _______________ NORTH SURREY $800,000 _ _ _ _ _ _ _ _ _ _ _ _MAPLE _______________________________ RIDGE WYNNBROOK $600,000 _ _-MAPLE _ _ _ RIDGE______________________________________
W Y N N B RO O K Single Family Homes from $789,900 incl. GST BUY BEFORE THE GRAND OPENING & SAVE EVEN MORE HARD HAT TOURS AVAILABLE ON WEEKENDS Sales Office: 604.380.4708 | Open daily (except Friday) Noon - 6pm 23952 104th Ave, MAPLE RIDGE
mstarhomes.com Based on comparable MLS listings for September 2016
Parkside Living For Active Families
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LIVE RENT FREE WHILE WE BUILD YOUR HOME
70% SOLD
2 BEDROOM HOMES STARTING FROM $699,900 SECURE THE PURCHASE OF A NEW HOME AT COMPASS AND HAVE THE PEACE OF MIND TO LIVE RENT FREE WHILE WE BUILD YOUR HOME. LEARN MORE ABOUT THIS AMAZING AND LIMITED OPPORTUNITY BY REGISTERING AT SEYLYNN.CA OR VISIT OUR 8,000 SQ. FT. PRESENTATION CENTRE AND SHOW HOME LOCATED AT 600 MOUNTAIN HIGHWAY, NORTH VANCOUVER. OPEN 12 – 5PM DAILY.
COMPLETION OF COMPASS SUMMER 2018
THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING MAY ONLY BE MADE WITH A DISCLOSURE STATEMENT E.&O.E. PRICES AND PROMOTIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. SOME CONDITIONS APPLY.
604.980.5000 SEYLYNN.CA 600 MOUNTAIN HWY. | OPEN EVERYDAY 12 – 5PM
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2B ED ./2 BA TH .F RO M
$3
64
,9
00
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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BURNABY • TRI-CITIES
WEDNESDAY, OCTOBER 5, 2016
Looking for a new home? Start here.
R E A L
E S T A T E
W E E K L Y
SEASONS IS A BOUTIQUE-STYLE OFFERING OF CONDOMINIUMS AND TOWNHOMES Collection of 101 contemporary residences is unique to Burnaby’s thriving Brentwood Town Centre
M
uch has been written about why Burnaby’s Brentwood Town Centre neighbourhood is a good location to live, work and play in. Brentwood is emerging as a sought-after enclave with great outdoor cafes and shopping, parks and trails, recreational amenities, and a historic business district, all within walking distance. Well-respected builder Ledingham McAllister understands the community’s appeal – it has chosen Brentwood for several of its most recent residential projects including Escala, released earlier this year, as well as its sold out high-rise Aviara. Now, the award-winning developer introduces its newest collection – Seasons. Seasons is a collection of 101 West Coast
contemporary one-bedroom and den, two-bedroom and two-bedroom and den condominiums and townhomes, ranging from 641 to 1,053 square feet. Each open-concept home has been designed to maximize the natural light and flow of living while combining style, form, and function. “It’s the only boutique-style residence currently on offer in the Brentwood town centre,” says Manuela Mirecki, senior vice president, marketing and design Ledingham McAllister. “Just 100 homes tucked into an incredibly landscaped enclave.” Inside, these thoughtfully designed home will feature sleek laminate wood flooring throughout the living space, long-lasting nylon carpeting throughout all bedrooms, and conveniently located cable and data outlets throughout most homes. The kitchens will be outfitted with a premium stainless-steel appliance package, Quartz countertops with contemporary tile backsplash, Kohler fixtures and timeless finishes. It doesn’t stop there. Cooks and those who love to entertain will appreciate
the 30-inch refrigerator and freezer with temperature-controlled drawers, metal wine rack and icemaker. For optimum comfort, each home presents energy-efficient, Solarban 60 UV-protected, double-glazed windows and sliding-glass or swing balcony doors with vinyl window/ door system. To encourage a sense of community, owners will share a landscaped common outdoor terrace with children’s play area, community garden, and a 1,000 square feet amenity room. Nearby home owners, who purchased in Ledingham McAllister’s Aviara and Escala communities, say they were attracted to the fact that Brentwood is one of the best connected neighbourhoods in terms of transit, SkyTrain, bike networks and highways. Seasons owners will also be close to the urban hub, and just minutes away from several good schools such as Simon Fraser University and BCIT. “In addition, the new Brentwood Shopping Centre is going to be a destination retail
spot and is only a couple of blocks away,” she adds. For the environmentally-conscious consumers, Seasons features two eco-friendly initiatives, a commuter bike package and a transit pass subsidy. With more than 110 years of building landmark developments and 5,000 homes in Burnaby alone, you can rest assured you are buying from a builder renowned for outstanding quality, integrity and solid performance. Meanwhile, Mirecki says interest in Seasons has been very strong. “We expect a quick sell-out. People really need to register in advance to be sure to get an opportunity to purchase,” she adds. The Seasons Presentation Centre, located at 1710 Gilmore Avenue, Burnaby, opens for previews on Saturday, October 15 and the public opening follows on Saturday, October 22. For more information or to register, call 604-568-6888 or visit www.ledmac.com/seasons
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