THURSDAY, MARCH 30, 2017
VANCOUVER EASTSIDE
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 maison d’etre design-build inc. transformed a dysfunctional downtown condo with a super-cool kitchen with an island/bar perfect for entertaining
At this whole-home renovation by Intermind, decks with glass and industrial metal grate panels balance the natural beauty of the lush garden with bridges and water features
My House Design/Build/Team transformed this townhome’s living space to a modern, open-concept design that made it feel much bigger | Liz Dehn
At this North Vancouver home by Sprucehill Contracting, patio materials such as the paving and custom firepit were chosen to complement the limestone masonry | Brad Hill Imaging
Spring Home Inspiration in Full Bloom at 2017 Home Reno Show F
or many Metro Vancouver residents, our expensive real estate market means that buying or upgrading to a fancier home is not an option – which means more and more people are taking on renovation projects, according to the Greater Vancouver Home Builders’ Association (GVHBA). “GVHBA builders and renovators are seeing an upswing in home renovations as customers look to adapt living spaces to meet the changing needs of families,” said Bob de Wit, GVHBA CEO. “When you consider the cost of selling and current lack of available housing inventory,
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renovating to accommodate changing family configurations such as adult children, aging seniors and mortgagehelping laneway homes makes sense.” To connect home renovators with the design and build professionals they need to make their homes work for their needs, the GVHBA is holding its annual Home Reno Show from 10am to 4pm on Saturday, April 1 at VanDusen Gardens in Vancouver. The Home Reno Show includes the always popular Ask-a-Pro Expo, where consumers can sit down one-on-one with professional contractors, designers and other renovation-related suppliers to
Budget 2017: $11.2bn Social Housing Funds but no National Foreign Buyer Tax
review their personal renovation plans and get invaluable tips and advice. There is also a series of seminars with limited seating throughout the day, as follows: ■ 11am: Get it in Writing: Renovations and Contracts ■ 12pm: Sizzlin’ Kitchen Trends for Your Inner Gourmet ■ 1pm: The Multi-Generational Home: Design Solutions ■ 2pm: To Renovate or Build New? ■ 3pm: Your Renovation Team: How to Hire the Pros Laurel James, of exhibitor Novell Design
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Build, said that “a lot more families are considering renovations for multi-generational living,” and that design is a key element when considering how to blend the varying needs of different family members. The GVHBA Home Reno Show is completely free to attend, although preregistration is required. What’s more, the first 50 people to attend the show will gain access to the gardens for free. For information and to pre-register your attendance, visit www.gvhba.org/ HomeRenoShow and follow @GVHBA on Twitter for updates
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OPEN HOUSE APRIL 1ST/2ND SATURDAY & SUNDAY 2-4PM $988,000
NEW LISTING!
Well cared for move in condition 4-bedroom 2-bathroom home in the trendy Fraser neighbourhood! This 1908 built Edwardian box style home features, 2 beds + bath up, and 2 beds + bath down (mortgage helper suite) ready to rent out. Lots of storage/ workshop. Close to transit and major bus routes. Walking distance to hillcrest community centre, Queen E. Park, and Memorial Park. Yard has been beautifully landscaped and cared for by master gardener over the years, truly great space to enjoy and escape the city. Well-designed gourmet kitchen opening onto back deck was skillfully and thoughtfully renovated in 2010. New floors in 2003. New roof installed by Penfolds in 2014. Fabulous location: walking distance to tons of grocery stores, veggie marts, new restaurants, and boutiques. View photos online and join us at open houses April 1st & 2nd (2-4 pm).
5250 FRASER STREET $2,188,000
This is your chance to buy one of the last remaining 66’ lots on the eastside of Vancouver. Moreover, this home sits on a full 66x140 lot with RT-11 zoning in Vancouver’s prime Killarney/Collingwood neighbourhood! This family home was built in 1946 and is a classic wartime 2 br bungalow and is within walking distance of shopping, services, and schools. All sorts of options with this property including subdivision, development, etc. View photos online.
ST I L E V O B A SOLD WAY 2469 EAST 40TH AVENUE
Over 40 years of experience in selling and custom building luxury homes in B.C. Diamond Master Medallion Club Member, Top 1% President Club Award of All Realtors in Real Estate Board of Greater Vancouver.
BALDEV SANDHU & JULIANA HO TEAM
$2,100,000
SOLD 2396 EAST 38TH AVENUE
Great 48’x140’ level building lot in East Vancouver - Collingwood pocket with RT zoning! Buy and hold or redevelop this excellent lot with tons of options for a new home/duplex etc. Close proximity to shopping nearby on Kingsway and Victoria Street. Good transit access, walking distance to skytrain and 41st Ave Bus routes!
www.dexterrealty.com
Top New Home Construction Award Diamond Master
Free Market Evaluation. Sell your house fast. Buyer with Cash looking for building lot. Custom build your dream home.
BALDEV SANDHU 604-880-9571 www.BaldevSSandhu.com DaveSandhu@royalpacific.com
ROYAL PACIFIC R E A LT Y
MASTER
JULIANA HO 778-869-9688 www.JulianaHo.com Juliiho@gmail.com
MAGNIFICENT SOUTHERN VIEW HOME
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale 2412 ST. CATHERINES ST. $1,148,000
Taking our Listings Global 1806-111 E. 1ST AVE.
$1,950,000
1311 E 63rd Avenue $2,198,000
OPEN HOUSE SUNDAY 2-4 PM
- A beautiful home on a 42x117 ft property - Nicely upgraded gourmet kitchen with s/s appliances, granite counter tops - 7 bedrooms, 4.5 bathrooms, living, family & dining rooms - Fireplace, radiant heating, bbq area, home theater & bar at basement, triple garage
4-BEDROOM TOWNHOUSE IN DESIRABLE MT. PLEASANT
3 BDRM WITH PRIVATE ROOFTOP TERRACE
This beautiful Townhouse is a must-see! The main floor features an open-concept kitchen, living & dining space, the second floor has 3 bedrooms and a full bathroom and the top floor will be your oasis – with the large master bedroom, master bathroom & a bonus office. Unbeatable location, just steps away from everything. Emina Dervisevic 604-230-3580
Brand new 3 bed Penthouse in the heart of Vancouver with exquisite views of downtown and the North Shore mountains. Steps from Olympic Village and right on the seawall to Downtown. Top of the line finishings. Extremely rare opportunity. Donʼt miss this gem of a home! Lisa Findlay 778-378-8090
A BRAND NEW HOME WITH SPECTACULAR CITY VIEWS 3665 Franklin Street $2,258,000 - 2810 sf living area plus Laneway house - Gourmet kitchen, prestigious chandeliers, electric fireplace - 7 bedrooms and 7 full bathrooms and a legal suite at basement - High end bathroom fixtures, radiant heat, airconditioning, HRV - Beautiful landscaping and garage
KNIGHT FAMILY HOME 5848 Culloden Street $1,528,000 - A bungalow with basement - Convenient location on a quiet street - Ideal lot size 41.2x118.7 - 2034 living area, 6 bedrooms, 2 kitchens, 2 bathrooms - Good to hold with mortgage helper and build later
202-161 E.1ST AVE
$478,000
CONVENIENT, COMPACT & LIFESTYLE 1 bedroom + den in BLOCK 100 by Olympic Village waterfront. High-end finishings, parking & locker. Rentals & pets allowed.
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“Your East Vancouver Real Estate Experts!” 2669 W.10TH AVE.
$1,599,000
Lisa MacIntosh
Diane Kunic-Grandjean
SELDOM ON THE MARKET: 3 BED - 2.5 BATH 1662 SQ.FT. TOWNHOUSE IN KITSILANO An absolute 10! Convenient & private location for this 1,662 sq.ft. 3 bed, 2.5 bath townhouse in Kitsilano. Airy main floor w/ a contained, renovated Kitchen & separate pantry. Open concept for the Lvg room (w/ gas fireplace) & dng room accommodating house-size furniture. A full wall of windows overlooks a private, unique 477 sq.ft. deck (gas hook up). Retreat and relax in the very generous master bed with soaring vaulted ceiling & big bay window. The 2nd bedroom rivals in size & ceiling height with a walk-in closet. Best for last: the bright eagle’s nest top floor bed w/ its very own en-suite w/claw foot bathtub. Storage galore throughout incl. crawlspace. 1 secured parking. 1 visitor parking. 2 cats or 1 dog welcomed. No rentals allowed. This home will fit many lifestyles and is such a pleasure to show!
NEW LISTING #2-224 E.12TH AVE.
$579,000
MOUNT PLEASANT MEETS MAIN STREET 2 BED – 1 BATH – IN-SUITE LAUNDRY – RENTAL ALLOWED – 1 CAT OR DOG -830 SQ.FT. Just unwrapped for spring! This very well laid out 2 bed & 1 bath home is in a unique & very well-maintained boutique building of only 5 units. The entire suite occupies ½ of the 2nd floor & only shares one wall with the neighbor. The 2 bedrooms lay at each end of this smart floorplan for utmost privacy. A modern, functional & renovated kitchen with countertops galore is adjacent to an airy dining area with it’s very ow window. The vast Living room accommodates many a style & size of furnishing, while letting a tremendous amount of natural light through an oversized sliding door. In-suite laundry, hot water tank, BBQ welcomed on your newly renovated balcony (membrane and railing), a large storage locker, secured bike locker and 1 parking stall too! Rentals allowed, 1 cat or 1 dog welcomed. Located where Mount Pleasant meets Main Street, this is the place to call home!
GREAT LOCATION CALLS FOR GREAT OPPORTUNITY! 525-527 MALKIN AVE.
NEW LISTING
$1,875,000
Calling all builders, Developers and forward thinkers alike! Nestled in a fantastic little pocket between Strathcona and The Drive are two RT-3 irregular lots forming a whopping 5,865 square feet! Facing South-West, these lots offer open views all the way to City Gate to the West and Terminal Avenue to the South. Across the street lays Trillium Park with its turf fields, playground and dog park. Further West will see the potential relocation of St Paul's Hospital. A truly unique opportunity in an ever growing neighbourhood! RT-3 zoning with potential of 3 dwellings. Build two 1/2 duplexes & an infill house, all 3 could potentially be stratified and sold separately (to be confirmed by Buyer with City of Vancouver). Drive-by first, then call us!
1 BED – 1 BATH – 508 SQ.FT. – WEST END LIVING AT ITS BEST! 609-1040 PACIFIC ST.
$399,000
Some call it living on the Peninsula, others the West End. In both cases, our 1 bed/1 bath ppty is offering you the lifestyle many dream of: a 3 min walk to sandy beaches, English Bay, Stanley Park & sunsets galore. Beautifully & smartly reno’d, well laid out w/ an attractive, modern kitchen & ample cabinets, opening onto a generous Dng & Lvg space for great entertainment time. Sip your coffee/glass of wine/beer at any time on the covered balcony; BBQ is ok. The bdrm easily welcomes a queen bed and a few chest of drawers. Great amount of in-suite storage throughout & 1 storage locker on the same floor. Secured bike room, 2 cats allowed (no dogs). Pkg & rental on wait list. On the6th flr of a concrete bldg. at such an attractive price, how can you possibly miss the opportunity of living the life?
L i s a M a c I n t o s h Te a m - D e x t e r A s s o c i a t e s R e a l t y Medallion Club - Top 10% of Realtors in Greater Vancouver Photos & Visual Tours at: www.lisamacintosh.com Email: lisa@lisamacintosh.com Tel: 604-263-1144
dexter pm PROPERTY MANAGEMENT | A DIVISION OF DEXTER ASSOCIATES REALTY
FREE RENTAL RATE ASSESSMENT
778.996.1514 | www.dexterpm.ca
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HAROLD SHURY 604-279-8026
Our mobile banking specialists are conveniently located.
Westcoast info@richmondrealty.com E-Mail: info@richmondrealty. y com
#110-6086 Russ Baker Way, Richmond B.C. V7B 1B4
Each office independently owned and an nd operated
604-273-2828
Website: www.richmondbcrealty.com www.richmondbcrealty.co y m
SOLD 6111 Twintree Place Richmond Gardens Well kept home featuring four bedrooms, three bathrooms and 2400 sq.ft. of living area. Great rectangular lot 60x100. Good central location near Granville Ave. & No. 2 Road. Within walking distance to all amenities. Live in, rental investment or build new home. $1,348,000
Office Lease Upstairs office space with several offices and reception area. 1400 sq.ft. with washrooom. Great location behind Ironwood shopping with good access to HWY 99. Monthly lease rate $1,130.00 plus $573.00 maintenance fee equals $1,703.00 plus GST.
Fraserview
Meet Paolo Canosa your local Coast Capital Savings Mobile Banking Specialist. Paolo will come to you where you are, whenever it works for you. Because when it comes to mortgages, you don’t always have time to visit a branch. He can bring you our best products and rates on new mortgages, renewals, and even construction or development financing. So give Paolo a call, he’d love to help.
Well maintained home with four bedrooms, three bathrooms and gleaming hardwood floors throughout uppper level. Updating includes new roof, hot water tank and furnace. Great location near Fraserview Golf Course and Champlain Mall. Lot 6052 sq.ft. and 2700 sq.ft. living area. $1,798,000 www.haroldshury.com email: hshury@telus.net
D L O S
Paolo Canosa 778.879.3148 paolo.canosa@coastcapitalsavings.com coastcapitalsavings.com
Huge 2 Level, 1 Bedroom Loft
NORM FLOCKHART
PREC
(604) 261-7275
UPPER FLOOR
MAIN FLOOR
13 Year Member of MLS Medallion Club OPEN SAT/SUN 3-5 PM!
$1,489,000
KENSINGTON KLASSIC! LONG-TERM OWNERS! This 2 BR bungalow boasts in-laid oak floors in LR/DR. Sunny Kitchen w/tile floors & backsplash, plus a built-in pantry. 3rd BR & Rec Rm down in 6'11" high bsmt. Suite potential. Fenced backyard. Double garage. 39.75' x 109.1' view lot! 1322 East 34th Avenue, Van.
987 sqft
www.normflockhart.com
304-3010 Ontario Street - $689,900!
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
This unique nearly 1000 sqft New York style 1 bedroom loft feels more like a townhouse than a condo. Fantastic location 2 blocks WEST of Main in the heart of one of Vancouver’s most engaging neighbourhoods. This boutique 8 unit building was completely renovated in 2009. Newer roof, fully rain screened, double glazed windows, fireplace, skylights, fixtures, bathrooms, kitchen, granite counter tops, stainless steel appliances & more. Full ensuite on the upper loft level & guest powder room on the main level. Wood burning fireplace & soaring vaulted ceilings in the living room. Spacious south-facing balcony & shared roof-top deck with great mountain views to the north east. Quiet street on bike path. Parks & shopping just 2 blocks away. Rentals & Pets Ok w/restrictions.
Please call for more information
This communication is not intended to cause or induce breach of an existing agency agreement.
Janai York
Realtor® 604-817-7173 janaiyork@shaw.ca www.macrealty.com
Macdonald Realty Ltd.
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Tony Alves
Teresa Pang
604.889.7008
604.617.0189
Centre Realty 604.435.9477 www.tonyalves.ca • aalves@sutton.com
pangt@sutton.com
3061 E 15TH AVENUE • $1,788,000 3
$2,388,000 SUPER WEST SIDE BUILDING LOT 168 West 61st Avenue, Vancouver INVEST NOW in this special FAMILY FRIENDLY NEIGHBOURHOOD. Surrounded by newer homes, the 45.5 X 115 ft. (5246 sf) lot offers a preferred, south facing & sun-drenched backyard. You’ll enjoy close proximity to the Canada Line Skytrain, Marine Gateway Shopping Centre, Cineplex Cinemas, T & T Supermarket, Langara walking trails/golf course & beautiful Winona Park. Oakridge Shopping Centre, YVR airport, Richmond shopping & some of the best schools are also within easy reach. The 2800 sq. ft. home makes a good rental before you build. Sold as land value only, this cherry blossom lined street is the perfect location to build your dream estate of over 4500 sq. ft. including a laneway house. Come & discover at our
OPEN APRIL 1st & 2nd, SATURDAY & SUNDAY 2-4 SEE www.TerryVato.com
OPEN HOUSE M P SAT & SUN 2-4 Fabulous family home in the desirable location of Renfrew Heights. A warm & welcoming home with spacious 3 bedroom main floor. Gorgeous mountain views from kitchen and huge deck. Ideally located within easy walk of Renfrew skytrain station, Community Centre, Superstore, Walmart & school. It is maintained in pristine condition by same owner for the past 40+ years. Enjoy the gleaming hardwood floors and updated kitchen & baths plus a full professionally finished basement. Must be seen!
You Are Invited! Help Us Celebrate Norouz Mubarak (persian new years)
Saturday April 1, 2017 2-4 pm 1502 Marine Drive West Vancouver horseshoe bay presentation gallery Virani Reall Estate Est Advisors 604 913 1000 000 virani.ca 30 300-2240 chippendale road, west vancouver. th his co ommunication is not intended to cause or inducee breach of an existing agency agreement. virani real b estate advisors is a division of virani holdings ltd. all prices in canadian dollars ars unless otherwise noted. this is not an offering for r sale. a any such offering can only be made by way of disclosure. losure. e&o.e
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VANCOUVER EASTSIDE
THURSDAY, MARCH 30, 2017
Looking for a new home? Start here.
R E A L
E S T A T E
W E E K L Y
RESALE OR PRESALE? The Pros and Cons
W
hen you’re looking for a home to buy, one of the biggest decisions is whether to buy a resale home through the MLS® or whether to go to a developer’s sales centre and buy a brand new unit off plan. Both decisions have their advantages and disadvantages, and knowing what those are will help you make the right choice for you.
CONS ■ A resale home has been lived in before – the unit’s fixtures and fittings will unlikely be brand new (unless it has just been renovated) and may wear out sooner. ■ The building also won’t be brand new, and the older the building, the more wear and tear it will have, which means maintenance costs. ■ You’ll have to pay Property Transfer Tax on the purchase – unless you are exempt (first-time buyer and purchase price is under $500,000).
RESALE HOME
PRESALE HOME
PROS ■ Resale homes purchased through the MLS® tend to be cheaper per square foot than a new home – and there’s no GST to pay. ■ Resale homes are already built, so you can go and view the exact home you will be living in – no nasty surprises about space, feel, views and so on. ■ As the resale home is already built, there’s no waiting years to move into your new place. ■ What you see is what you get – and a home inspector can inspect the unit thoroughly, in person, before you remove subjects.
PROS ■ You’ll get a brand new, never-before-lived-in unit that is (or should be) in top-notch condition and will be under a New Home Warranty. ■ New home developments usually have great amenities and will be in established or up-andcoming neighbourhoods. ■ You could have the chance to customize your unit to your own tastes, or at least choose from colour and design options offered by the developer. ■ If the home is under $750,000, you’ll be exempt from Property Transfer Tax.
CONS ■ New homes are desirable, which means they tend to cost more than resale homes per square foot – plus you have to pay GST. ■ Your chosen home won’t be built yet, so there could be a long wait to move in – and even if the value drops in that time, you’ll still pay the contracted price (which is also true if values increase). Plus, a lot can change during that time and you need to be sure you can get a mortgage and a down payment for completion date. ■ You might get a pretty good idea of the home you’ll be getting, but show suites and floorplans can sometimes seem quite different than your finished unit – especially in terms of intangibles like views and “feel”. ■ There’s a lot of paperwork and other risk-mitigation factors to consider – you have to be sure you’re getting what you pay for. Whether you choose a resale or presale home, make sure you work with an A-team of real estate professionals – REALTOR®, lawyer and mortgage broker – to ensure you get exactly what you want and can afford.
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