THURSDAY, NOVEMBER 10, 2016
VANCOUVER EASTSIDE
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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
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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MARNI TRITT
SHANNON EZEKIEL
604.537.5977 604
604.767.6166 westcoast realty
www.marniandshannon.com 403-234 E 5th Avenue, Vancouver
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info@marniandshannon.com
1176 E King Edward Avenue, Vancouver $1,048,000
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3650 E Georgia Street, Vancouver
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Beautiful 1/2 duplex in exclusive collection of eight cottage style homes situated in highly desired Cedar Cottage area. Built with extensive thought and detail, this open plan concept has over 1200 SF of living on 2 levels. High ceilings, gas fireplace, radiant heat, engineered hardwood and a gourmet kitchen with stainless steel appliances are just some of the highlights! 3 beds & 3 baths make this a great space for a growing family. This home includes a fantastic outdoor space for entertaining, private carport & massive crawl space. Send your buyers, this one ticks all the boxes!
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2648 E 19th Ave., Vancouver $1,549,000
1306 E 27 Ave., Vancouver $1,378,000
BALDEV SANDHU & JULIANA HO TEAM
BALDEV SANDHU 604-880-9571 www.BaldevSSandhu.com DaveSandhu@royalpacific.com
ROYAL PACIFIC R E A LT Y
1382 E 27th Ave., Vancouver $899,000
603-518 W 14th Ave., Vancouver $828,000
Terry Malysh #201-2107 West 40th Ave. Vancouver, BC V6M 1W4
MASTER
JULIANA HO 778-869-9688 www.JulianaHo.com Juliiho@gmail.com
Vancouver East, Collingwood
Vancouver East, Victoria
Side by Side Duplex, 2-storey with basement 5508 Dundee St. $1,188,000 - 5502 Dundee St. $1,250,000
Presale - 3 storeys plus LWH 2073 East 27th Ave. $2,075,000
OPEN HOUSE SATURDAY 2-4 PM A brand new spacious Side by Side Duplex fantastic located on a quiet street, transit, restaurant, park all at your footstep. This quality built duplex with superb finishing, open layout; features 3 bedrooms at above, living rm, dining rm, kitchen and 2 bedrooms suit at basement, granite counter top, maple wood cabinets, engineering hard wood floor, HRV system, inter-telecom, 3.5 bathrooms singe garage. Don’t miss!
A custom build house in 2 storeys with basement, plus Laneway House. This beautiful house will be finished with detail finishing; granite counters, maple wood cabinets, HRV and security system high efficiency heating system. In addition, the house features 2820 sf of main house, 500 sf LWH, advanced technology, living room, family room, dinning room, 3 bedrooms up, 3 bedrooms at basement (2 suites) and 2 bedroom suite in LWH. Buyer to provide their own plan and colour choice are welcome!
Vancouver East, South Vancouver
Vancouver East, Grandview Vancouver
2 storeys with basement 1311 East 63rd Ave $2,198,100
Duplex under construction 2118 Graveley St. $1,310,000
Ph:
604-263-8800
Cell:
604-315-9243
www.terrymalysh.com
Fax:
604-263-0864
malysh@shaw.ca
2147 East Pender Price Drastically reduced to sell $1, 998,000 FEATURE HOME YESTERDAY’S CHARM WITH TODAY’S UPGRADES... This home has been raised; a new foundation put in place & brought to today’s seismological standards; new plumbing throughout including insulated water pipes; double glazed windows; all new wiring; on demand hot water for real efficiency; better than standard insulation throughout; new ss appliances; developed attic; 340 sq.ft. deck; fully insulated garage includes wiring & heat; lawn & garden irrigation system. All work has been done with quality material, meticulous precision, care & all required permits. As a bonus there is a lovely 2 bedroom legal suite with its own address for that extra income. Come see for yourself at our
OPEN HOUSE SUNDAY 2-4 PM An upgraded 3 storeys house with magnificent Southern view situated at South Vancouver neighbourhood. This superb house features french doors in master bedroom with covered deck, new flooring, gourmet kitchen, granite counter tops, paintings, fireplace, heating system, well facilitated bar at basement, barbecue & cooking system set up at the sundeck for enjoyment, living, dinning and family room, 7 bedrooms, 4.5 bathrooms, triple garage and 2 bedroom suite in basement.
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Royal LePage Westside
Top New Home Construction Award Diamond Master Medallion
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453 E 12th Ave., Vancouver $998,000
Over 35 years of experience in selling and custom building houses in B.C. 15 years Diamond Master Medallion Club Member, Top 1% President Club Award of All Realtors in Real Estate Board of Greater Vancouver.
Beautiful south facing building lot in the east Hastings neighborhood. Centrally located to recreation, great schools, shopping & transit. RS-1 zoning. Property sold as is, where is. Please do not walk on the property.
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Free Market Evaluation. Sell your house fast. Buyer with Cash looking for building lot. Custom build your dream house.
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SOMA, so good! Awesome 18 suite live/work building made of concrete & steel. Two level penthouse double height loft (19' ceilings), with incredible city & mountain views. Features open concept, gas fireplace, exposed wood, insuite laundry, large common rooftop deck with gas BBQ just 20 feet from your door. Centrally located in the epicenter of craft breweries, funky eateries and Main Street shopping. Just 45 steps to great beer & Cartems Donuts. Fido or Kitty welcome. Rentals at max. . Public Open Sunday, Nov 13th, 2-4pm.
$1,098,000
A duplex, back unit is under construction at a desirable area of Grandview neighbourhood. This 2-storey, 1200 sq.ft. unit with detail finishing and modern design; living area, dining area, kitchen, 3 bedrooms at above, 2.5 bathrooms, granite counter top, single garage.
OPEN HOUSE SATURDAY and SUNDAY, 2-4 pm you will be impressed.
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OPEN SATURDAY 2 - 4 PM
www.dexterrealty.com
604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale 403-1188 QUEBEC ST.
$1,248,000
3332 PARKER ST.
1806-111 E. 1ST AVE.
Move-in ready. Completely renovated home with 2 bdrm suite. All the expensive items done: windows, roof, furnace, plumbing, electrical. Main floor has oak hardwood floors & a gas stove. Suite: 8’ ceilings and a private entrance.
$1,950,000
NEW PRICE
RARE 3 BDRM & DEN
★
OPEN SAT/SUN 2-4PM PRIVATE ROOFTOP TERRACE
Fantastic City Gate 1 built by Bosa. This is a rarely available 3 bedroom & den West facing unit with views of Science World, city skyline and the False Creek sunset. 1743 feet of living space with a large open plan kitchen, dining and main living room area. The bedrooms are a generous size and there is a huge 13 x 8 en-suite laundry storage area. There is a rooftop patio, gym, indoor pool and recreation facility. 2 parking spots and 1 locker and bike parking area. Amazing location close to skytrain, Olympic Village, restaurants and walks on the seawall. Currently tenanted. Please allow 24-48 hours for showings. Tom Jones 604-722-1316
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!
205 - 688 E. 17TH AVE.
632 E. 20TH AVE.
$599,000
CHOICE PROPERTY!! OPEN SAT/SUN 2 - 4 PM 450 EAST 57TH AVE.
$1,599,000
Lisa Findlay 778-378-8090
Invest & Builder Alert Oversized 33’ x 155’ lot. The home is original but well maintained with some updating. Three bedrooms up and 1.5 baths, the lower level two bedroom suite is accessed from the main floor or through the private entrance. Highly desired south facing back yard with views to Richmond.
NEW PRICE
1806-111 E.1ST AVE.
THIS IS IT!
$1,209,000
Taking our Listings Global
SU-MARIE BAIRD cell 604-786-1305 off 604-263-1144
$1,288,000
sumarieb@hotmail.com
DEXTER ASSOCIATES REALTY
PRICE REDUCED!
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OPEN SAT/SUN 2-4PM MINUTES FROM DOWNTOWN!
Large master suite with walkthrough custom closet. Large den that could be used as a 3rd bedroom. Granite counter tops, stainless appliances, maple cabinets. Kevin Banno 604-300-3165
★ OPEN SUN 2-4PM
MAIN/FRASER CHARMER Trendy Main/Fraser neighbourhood. Updates include plumbing, electrical, roof, kitchen and bathroom. Notable features: heritage style claw foot tub, shower and vanity and stainless steel appliances, gas stove, quartz counters, tile backsplash and newer kitchen cabinets. Enclosed South facing backyard, close proximity to shopping, schools and transit. Did I mention charm and character which aptly describe this home. Evelyn Singer 604-314-4123
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
Contact Roloff at 604-782-7327 or roloff@evergreenwestrealty.com
Roloff Veld Managing Broker
206-1120 Westwood Street, Coquitlam BC, V3B 7K8 T: 604 942 1389 www.evergreenwestrealty.com
DAVE VALLEE
IN PRINT AND ONLINE
PERSONAL REAL ESTATE CORPORATION
Your go-to source for the latest Lower Mainland listings, news and advice
www.TeamDaveVallee.com info@TeamDaveVallee.com
604-526-2888
RE/MAX Advantage Realty
Looking for a new home? Start here.
OPEN SAT & SUN 2-4
#16 2713 E Kent N, Van • $629,999 River & park views from this beautiful 1177 sf, 3 bdrm, 2 bath, 2 level, top level corner suite T/H in Vancouver’s Fraserview area. Feats cozy gas F/P, galley kitchen w/updates & view window, spacious bdrms w/large closets, updated laminate & tile floors, extensive crown moldings, patio & deck w/river views, 2 parking stalls, big locker, bike storage, front load W/D, newer h/w tank & more. Well maint’d & managed complex w/new roof. 1 pet ok. Riverfront Park, tennis courts, & walk along the river are just steps away.
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“Your East Vancouver Real Estate Experts!”
GREAT LOCATION CALLS FOR GREAT OPPORTUNITY!
Lisa MacIntosh
$1,949,000
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 SouthWest, 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!
Diane Kunic-Grandjean
VERY UNIQUE 1 BEDROOM CORNER UNIT OF 702 SQ.FT. W/ FANTASTIC & PRIVATE OUTDOOR SPACE! 107-925 W. 15TH AVE.
525-527 MALKIN AVE.
$484,900
3444 W. 5TH AVE.
$2,950,000
A Westcoast flair & unusual layout, this
$1,125,000 South facing modern 1/2 duplex pro-
vides a well laid-out floorplan offering a very generous living room w/ fireplace & family area, a dining room able to host numerous guests, adjacent to a wonderfully appointed kitchen w/ custom cupboards, stainless appliances & granite countertops. Powder room and laundry also on the main. The top floor won't disappoint: 3 bed & 2 bath, of unusually ample size-especially the master bedroom & its ensuite! Fantastic amount of natural light, in-floor radiant heat, storage galore & a powder room on the main floor. BONUS: detached garage turned into a storage & office space! Enjoy a covered porch, large front garden & a short walk to Trout Lake & its Farmer's market. Just steps to the "Drive" and all it has to offer.
Set on the quiet North East corner, this 720 sq.ft. split-level 1 bedroom shares only one wall with its neighbor & is sure to impress you with a functional U-shaped self-contained kitchen, sizeable bedroom offering 2 closets & a window overlooking your very own deck. Step up to a sun-filled open concept space with beautiful Brazilian hardwood flooring throughout, a dining area easily hosting 10 people without forgetting an ample living area with a woodburning fireplace. UNIQUE BONUS: your very own private semi-covered wrap-around deck of nearly 300 sq.ft. overlooking the yard of a house! Where do you get this in the city? Insuite laundry, 1 parking, 1 cat or 1 dog (max 40lbs). All balconies done & depreciation report available. A delight to show!
1925 CRAFTSMAN BEAUTY IN THE HEART OF KITSILANO – 4 BED, 2.5 BATH W/LEGAL SUITE
TROUT LAKE - WESTCOAST MODERN SOUTH FACING 1/2 DUPLEX 3 BED - 2.5 BATHS 1785 E.14TH AVE.
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Sitting across from McBride Park in the heart of Kitsilano, this 1925 Craftsman offers yesterday's cachet with today's comfort. Beautifully restored character home with all of the original Fir trim work lovingly refinished. The foyer's wainscoting sets the tone for the main floor: a spacious front reading room/den, a large living room with fireplace opening onto a dining room designed for entertaining. In the mood for a BBQ? Open your French doors and step onto your gigantic South facing deck! Upstairs offers 3 sizeable bdrms, the front bdrm has a unique attached crafts room. BONUS-a full height basement with a self-contained 1 bdrm suite (done with permits) with its own south facing patio. The front & back gardens are enjoyed from every window, creating an Urban Oasis on this 46x120 lot.
TROUT LAKE & THE DRIVE – FANTASTIC FRONT ½ DUPLEX - 3 BED & 2.5 BATH! 1656 East 13th Avenue
$1,149,900
Fabulous front 1/2 duplex on a 33x127 lot, a stone throw away from Trout Lake and The Drive! It has it all: 3 spacious bed on the upper floor, including a master bed with large window with North Shore Mountain views, a newly renovated en-suite and 2nd full bath with jetted tub. The main floor offers a unique layout: very airy, spacious living room with substantial ceiling height, gas fireplace and a bay window overlooking the front yard. Sizeable dining area easily welcoming a party of 8, adjacent to a well-appointed U-shaped kitchen with plethora of storage and granite countertops. Separate large pantry-laundry room. Enjoy the front & side gardens which sizes can rival that of a house. New windows throughout, new fence & front stairs. Transit, Restaurants, Fun, Parks all at your doorstep. This is East Van living at its best!
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
Bob Bracken
Real Estate Services Each office independently owned and operated.
410-650 W 41ST Avenue, Vancouver, BC V5Z 2M9
604.263.2823
bobbracken.com bob@bobbracken.com
HOUSES DUPLEX TRIPLEX 4PLEX 5PLEX 6+ UNITS APARTMENT BUILDINGS DEV SITES MOUNT PLEASANT LEGAL TRIPLEX
LEGAL TRIPLEX
INCOME
KITSILANO NORTH OF 4TH MULTIFAMILY BLDG COMMERCIAL DRIVE BIG CASH MACHINE
6+ UNITS
NORTH OF 4TH
5+ UNITS
INCOME
628 EAST 12TH AVE
3536 WEST 1ST AVE
1862 VENABLES STREET
• Big 4 lvl Character Legal Triplex, 2728 SF, Gr Inc $48,000/yr, Views • Suite Mix: 2 lvl 3 Bdrm, 2X1 Bdrm, 33’X122’ RT-5 Lot, Fenced Yard • Investors, Owner-Occupiers, Developers Asking $1,398,000
• Kitsilano, Big 3700 SF Character Multiplex, Gr Inc $128,145/yr, Views • 6+ Units, 1st Class Loc, near Beach, Double Garage, 33’X122’ RT-8 • Investors, Owner-Occupiers, Developers Asking $3,339,000
• Cash Machine, 3910 SF Multifamily Bldg, 5+ Units, Gr Inc $71,220/yr • 4 levels, Creative Financing, near “The Drive”, 33’X122’ RT-5 w lane • Investors, Owner-Occupiers, Developers Asking $1,650,000
Real Estate Investment Think Bob Bracken
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Beautiful spacious cottages in a natural setting, an exclusive clubhouse with pool, and abundant recreational possibilities makes Bridal Falls a one-of-a-kind resort ownership opportunity in Canada
Phase 2 NOW SELlING Select from over 40 new lots and purchase now for Spring 2017 cottage delivery. COTTAGE SHOW HOMES OPEN DAILY 11 - 4 53480 BRIDAL FALLS RD, BRIDAL FALLS, BC 604.745.4104
DiscoverBridalFalls.com
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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
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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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BROWNSTONES AT KINGCREST PARK
FIRST RELEASE NOW SELLING! UNMATCHED HOMES STARTING FROM $869,900* The Brownstones are a boutique collection of sixteen crafted family townhomes inspired by a classic and redefined by a modern aesthetic. Just steps away from Kingcrest Park in Vancouver’s vibrant Kensington-Cedar Cottage, with outstanding parks, schools and restaurants outside your own front door.
25TH AVE
4344 KNIGHT
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604.620.6616
16BROWNSTONES.COM *PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE. THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERINGS MAY ONLY BE MADE WITH A DISCLOSURE STATEMENT. E.&O.E.