MAPLE RIDGE / PITT MEADOWS Jan 30, 2015 Real Estate Weekly

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MAPLE RIDGE

FRIDAY, JANUARY 30, 2015

PITT MEADOWS

info@rew.ca • 604-435-7977

R E A L E S TAT E W E E K LY

Exercising your Options When are Condo Amenities a Good Investment? If you’ve purchased a fancy gym membership for 2015 and are already finding it hard to stick to your new regime, you may have wasted a lot of cash. But what if your fitness centre was in your building – would you get better value? Amenities in today’s new condo market have reached new heights, with full-size fitness centres, pools, rooftop patios with barbecues, lounges with chef’s kitchens, guest suites and other common-use areas expanding your home beyond its four walls. Developers are selling more than just homes – they’re selling a lifestyle. But amenities don’t come for free – they can add to your purchase price and strata fees. So when is it a good idea to purchase a home with lots of extras and when are you better off sticking with that local fitness centre membership? Hani Lammam with Cressey Development Group advises buyers to purchase homes where there are as many amenities as possible – provided they can afford the asking price and the associated strata fees. “There is a maintenance cost associated with amenities,” he says, “but they can also protect your resale value.” Cressey is currently conducting presales on Beverley in White Rock, which will include a two-storey club featuring a fitness centre, steam room and pools. The development also includes a lounge, guest suite, garden, patio and playground. “It’s difficult to say how much the fitness centre adds to the [purchase] cost of each unit at Beverley,” says Lammam, “but it’s a very small percentage because it is spread out among all the owners. It’s likely less than five per cent. In terms of additional monthly fees, it depends on what’s included. ‘Wet’ amenities, such as hot tubs and pools, can add 15 per cent to your strata fees.” With the price of a high-end annual gym membership running around $1,000, taking that hit to your monthly strata fees can be a good investment,

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REW.CA /NEWS TO READ THESE STORIES AND MUCH MORE REAL ESTATE NEWS AND ADVICE

according to Katie Dunsworth-Reiach, personal finance expert and co-founder of Smart Cookies. Strata fees for larger units run around $5,300 a year, with 15 per cent (about $800) paying for amenities. That’s substantially less than a private club. And with an estimated 60 per cent of annual gym memberships purchased in January going unused by mid-February, Dunsworth-Reiach notes it is also important to consider longterm value. Cressey isn’t alone in offering a wide array of amenities to attract potential buyers. Shato Holdings and Talisman Homes’ Tsawwassen Springs will include a golf course, wellness centre and clubhouse. The developers aim to keep strata fees low by using a pay-as-you-go system for things like green fees and the fitness centre. In downtown Vancouver, the 333unit Tate Downtown by the Bonds Group of Companies will offer residents a concierge, a private theatre, lounge, billiards room, library, yoga and pilates studio and fitness centre.

Ask the Expert: What are the Dangers of Older Homes?

And the owners at Anthem Properties’ Station Square in Burnaby will enjoy almost an acre of elevated private green space along with community garden plots, a Tai Chi area, a fully-equipped gym and yoga studio, steam room and infrared sauna, plus a lounge with a gourmet kitchen and shared electric cars. Empty-nesters downsizing from detached homes to condos can find amenities especially appealing – and cost effective. With a guest suite in your building, there’s no need to spend extra

Condo of Cards: Strata Councils and Political Masterminds

on a unit with an additional bedroom. Common areas such as lounges and kitchens provide entertainment spaces for larger events, something your new living space may not allow for. “Amenities add to the value of your home and can save you money,” says Dunsworth-Reiach. “Buyers need to determine what these add to the strata fees and compare that to their bottom line.”

BC New Home Building Investment up 11%: StatCan


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R E W.ca » M A P L E R I D G E / P I T T M E A D OWS » F R I DAY JA N UA RY 3 0, 2 0 1 5

Chad August

Brookside Realty

Jim Isherwood 604-250-7755

Nicole Jackson 604-467-5000

604.318.5254

Brookside Realty

WWW.CHADAUGUST.COM

11933-224 Street, Maple Ridge • 604-467-5000

chadaugust@shaw.ca

OPEN HOUSE SAT & SUN 1-4

12030 210th Street

CASCADA • 11566 224th St.

NEW LISTING

$449,900

• 3 bed, 2 bath, approx 1700 sqft • Almost 9000 sqft lot • Updated, move in ready

All prices include GST

#704 12069 Harris

#207 1 bed + den 695sq ft $229,900 #209 2 bed + den 1054 sq ft $269,900 #107 2 bed + den 847sq ft $259,900

Move in immediately!

#19-19490 FRASER WAY

$319,900

V1090989

$524,900 • 2072 sqft 4 BED 3 BATH • Very large south facing yard • Steps to village and waterfront

Brand new 2storey + bsmt homes, Basement entry. Rowhomes and duplex style homes.

www.lifeatlarch.com V1098915

LIFE ON THE WATER • 20354 WHARF

E OV

IN

$514,900 13328 235A St., Maple Ridge

• Beautiful rancher over 3800 sq.ft. on 2.3 manicured acres • Large gourmet kitchen with Viking stove and grill • Recently renovated with European windows • Large master with custom spa bath • On city water and backs onto Kanaka Creek • 4 stall barn for the horses

• Park-like settings & Fraser Valley views • 5 appliances, blinds • Heritage doors & baseboards • Gas fireplace • Quartz countertops and hardwood flooring • 10 year warranty + more!

• 2 bedroom + den, 2 parking • Concrete and steel construction • Amazing views

LARCH AVENUE HEIGHTS From $449,900

BEST OF BOTH WORLDS DETACHED IN A STRATA

$1,099,000 25890 116th Avenue, Maple Ridge

CASCADA #209 - 11566 224th Street Maple Ridge $629,500 12463 Meadow Brook Place, Maple Ridge • Backs onto Laity Farm • Stunning View • Quiet Cul-de-sac very private • Has many updates

$269,900 inc. GST • Perched above the mighty Fraser River • Spectacular waterfront and mountain views • 1054 sq.ft. 2 bedrooms. Wood cabinets, porcelain tiles, deluxe stainless steel appliances including washer & dryer • Private roof top patio terrace with lounge, barbecue area & 360º million dollar views • Steps to town & West Coast Express

OPEN HOUSE EVERY DAY 1-4PM, CLOSED THURSDAY & FRIDAY STARTING AT $159,900 RIVER'S EDGE 11580 223 Street, Maple Ridge • Only 51 amazing opportunities • Built with the highest & strictest standards of construction • Only the finest materials being used • Inside the best layouts in the market place with each sq.ft. maximized • Unbeatable location that offers spectacular riverfront dining, easy access to town centre and Port Haney Wharf • 3 years of maintenance fees • Buy with confidence. Move in today!

2 storey + bsmt 3300 sq ft. Finished bsmt with Sauna. Private dock with direct access to $829,900 Fraser River.

Southern exposure with Spectacular Views!

W NO

M

Brookside Realty

11933 224th Street Maple Ridge

“FOR OUR OPEN HOUSES VISIT WWW.DANNYANDCLAUDIO.COM”

MAPLE RIDGE TO DOWNTOWN VANCOUVER 56 MINUTES DOOR TO DOOR NEXT 5 SALES include 2 Yrs Strata Fees

Waterfront

THE DORCHESTER 208 119963 223RD STREET

CORNER UNIT!

• • • • • • •

CENTRAL M. R.

Lots of great units remaining

590-1075 sq ft Large Spacious Kitchens Modern Stylish Design Low Strata Fees & 3 yrs reduced city taxes Steps to W.C. Express Some water views

11580 223rd St. Maple Ridge, BC

Chad August 604-318-5254 Jim Isherwood 604-250-7755

All suites available for Viewing, Maple Ridges Best Value in Apartments

LANGLEY

2 bdrm ~ 2 bath 3 level townhome South facing b/yard Club house/outdoor pool Minutes to shopping Minutes to recreation Parks/schools short drive

$294,000

EXECUTIVE ON GREENBELT!

IDEAL LOCATION

33 22411 124TH AVENUE • • • • • • •

GREAT FENCED YARD!

3 bdrm ~ 2 bath 1350 s. f. 3 level TY/H FAMILY/PET FRIENDLY NEWER appliances Well run complex Easy care laminate flooring Minutes to all amenities

CUL-DE-SAC

3 - 13887 DOCKSTEADER LP • • • • • • •

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4 bedrooms ~ 4 baths 3543 sq. ft. 3 level Soaring 20 ft. vault ceiling Floor to ceiling rock F/P Great room plan Fin bsmnt with sep entry ON GREENBELT!

$249,000

$679,900

ACT FAST! WONʼT LAST!

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2144 LAMPREY DRIVE • • • • • • •

4 bedroom ~ 2 bath Fully finished bsmnt Easily suitable/sep entry NEW KITCHEN/BATHS Large wrap-around sundeck Across from Park 2 blocks to school!

308 - 12020 207A STREET • • • • • • •

887 s. f. corner unit OVERLOOKS GREENBELT! Granite/rich dark cabinets Bright, open floor plan Secure under ground parking Walk to shopping Short drive to WC Express

• • • • • • •

NEW PRICE!!!

4 bedrooms ~ 3 bath 2170 sq. ft. bsmnt entry Large, fenced backyard GREAT westside location Minutes to shopping Minutes to W C Express Quiet neighbourhood

$474,900

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11623 WARESLEY STREET

BSMNT ENTRY

$609,000

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• • • • • • •

CREEKSIDE VILLAGE

Quality Construction

20% NOW SOLD

65 - 6747 203RD STREET

$199,000

Waterfront suites in Maple Ridge from $159,900 - $299,900

1152 s. f. reno’d corner unit At rear of bldg. - quiet side HUGE sundeck! NEW S/S appl/paint/flooring Strata fees include gas NO RENTALS Small dog allowed

LIFE IN BALANCE..... SAGEBROOK

GORGEOUS TOP FLOOR 405 22290 NORTH AVE

RENTALS ALLOWED! • • • • • • •

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$219,000

$164,000

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RANCHER WITH TOY STORAGE+

23001 126TH AVENUE

7991 S F LOT

NEW PRICE!!!

• • • • • • •

3 bdrms ~ 2 baths 1570 f 2 level Set on 7991 s f lot Overlooks green space NEW vinyl siding/windows H/wood on main level Minutes to all amenities

$359,900

24017 FERN CRESCENT

30 X 21 SHOP

NEW PRICE!!!

• • • • • • •

1400 S. F. Ranch-style 30X21 drive-thru garage w/rough-in for bath 2 driveways + smaller shop w/power Children’s play structure 20 x 14 covered deck Recently renovated

$429,900


R E W.ca » M A P L E R I D G E / P I T T M E A D OWS » F R I DAY JA N UA RY 3 0, 2 0 1 5

susan pelzer and associates Re/Max Little Oak Realty | www.susanpelzerandassociates.com

Personal Real Estate Corporation

9-2630 Bourquin Cres., Abbotsford, B.C. V2S 5N7 604.859.2341 1.800.668.8661 spelzer@uniserve.com

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OPEN HOUSE

$249,900

SAT. JAN. 31ST, 1-3PM

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Susan Pelzer NEW PRICE

$1,298,000

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It’s A New Listing

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3505 COLDWATER RD. MERRITT Susan Pelzer and Associates

ing is buy nd built— P.42 in mi you before it’s with e Built buy a hom ? to t for you How le righ pre-sa

YAY YOU B HELP WHAT? NOW

THE “VIBE” IN CHILLIWACK MLS# H1404295

BRIGHT CORNER UNIT MLS# F1429233

201

G YO

$308,100

CARMODY RIDGE MLS# F1429075

Erika Whittaker

A G IN

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AN ND M

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GA U YI N

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R E W.ca » M A P L E R I D G E / P I T T M E A D OWS » F R I DAY JA N UA RY 3 0, 2 0 1 5

CALL for up-to-date FORECLOSURE Information! We have the LIST for Abbotsford, Mission, Maple Ridge or any other area you may be looking for!

Shinder Gill PREC 604.832.0540 #1 Realtor of Abbotsford: 2011-2012 and Master Medallion: 2006-2013

Shinder Gill - PREC

Parv Harry

Parv Harry 604.832.0944

Jennifer Schentag 604.859.2341 teamelite.remax@gmail.com

Little Oak Realty

Visit our Website for more pictures & New Listings www.teamelite.ca info@teamelite.ca 604-859-2341 276 32550 MACLURE RD

21 31235 UPPER MACLURE RD

33522 HOLLAND AVE

32698 PANDORA AVE

PTED ACCE R! OFFE t ate se

3107 LEFEUVRE RD

SOLD

d court

$212,000

$289,000

$385,000

$389,900

$429,900

32142 BALFOUR DR

27939 FRASER HWY

31765 THORNHILL PL

2349 264TH ST

2 33341 HAWTHORNE AVE

SOLD

PTED ACCE R! OFFE

$449,900

$459,900

$468,800

$484,500

$509,900

8463 BAILEY PL

31280 COGHLAN PL

27989 TRESTLE AVE

31806 GLENWOOD AVE

1420 DUCHESS ST

SOLD $529,900

$500,000

$587,500

$619,900

$869,000

10 AC. - 33781 FORE ROAD

1965 MERLOT BLVD

1850 PEARDONVILLE RD.

20264 86TH AVE

#39-3075 TRETHEWEY

PTED ACCE R! OFFE $1,069,000

$700,000

REDUCED $1,400,000

$5,990,000

$185,500

23404 CROSS

36.4 AC SATCHELL

27720 PORTER

2167 NOVA SCOTIA

22902 136TH

SOLD 30680 SANDPIPER

SOLD

SOLD 2324 SOUTHDALE

SOLD

SOLD

SOLD

3477 LONGVIEW

10310 240TH

SOLD

SOLD

SOLD 32348 ADAIR

SOLD


R E W.ca » M A P L E R I D G E / P I T T M E A D OWS » F R I DAY JA N UA RY 3 0, 2 0 1 5

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R E W.ca » M A P L E R I D G E / P I T T M E A D OWS » F R I DAY JA N UA RY 3 0, 2 0 1 5

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R E W.ca » M A P L E R I D G E / P I T T M E A D OWS » F R I DAY JA N UA RY 3 0, 2 0 1 5

$528,900 + TAX

• Houses from 3200 - 3900 sqft • Custom Home Opportunities Available • Premium Finishing and Designs • Greenbelt Lots Still Available

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Robertson Heights spacious 3 & 4 bedroom single family homes ŽīĞƌ ƵŶďĞůŝĞǀĂďůĞ ǀĂůƵĞ ĂŶĚ LJŽƵƌ ĐŚŽŝĐĞ ŽĨ ŚŽŵĞƐ ǁŝƚŚ ĂƩĂĐŚĞĚ Žƌ ĚĞƚĂĐŚĞĚ ŐĂƌĂŐĞƐ͘ tĞ͛ǀĞ ĞǀĞŶ ďƵŝůƚ Ă ƉůĂLJŐƌŽƵŶĚ ĨŽƌ ĨĂŵŝůLJ ĨƵŶ ƌŝŐŚƚ ŝŶ LJŽƵƌ ŽǁŶ ŶĞŝŐŚďŽƌŚŽŽĚ͊ DŽƌŶŝŶŐƐƚĂƌ ďƌŝŶŐƐ ƋƵĂůŝƚLJ͕ ĐƌĂŌƐŵĂŶƐŚŝƉ ĂŶĚ ĨĂŵŝůLJͲĨƌŝĞŶĚůLJ ŚŽŵĞƐ ƚŽ ďĞĂƵƟĨƵů DĂƉůĞ ZŝĚŐĞ͘

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MAPLE RIDGE • PITT MEADOWS (INCLUDES MISSION LISTINGS)

FRIDAY, JANUARY 30, 2015

Looking for a new home? Start here.

R E A L

E S T A T E

W E E K L Y

KERRISDALE GARDENS IS IN THE HEART OF ONE OF THE CITY’S MOST DISTINGUISHED NEIGHBOURHOODS Real estate in Vancouver’s tony Westside is hard to come by. One of the most exciting and luxurious Boutique Developments to be built in the heart of this prestigious neighbourhood is Kerrisdale Gardens. In one of the best postal codes on Vancouver’s Westside, Kerrisdale Gardens is an exquisite collection of 27 Designer Residences, featuring two bedroom terraced suites and one bedroom, den and flex space condominiums. Behind the Kerrisdale Gardens are the award-winning European-influenced designers from Riesco & Lapres. “For years, Riesco & Lapres has been beautifying the homes of Kerrisdale residents in ways that speak directly to the heart,” says Charan Sidhu of Otezs Project Marketing. “They know the subtleties of what makes a home fit in this stunning neighbourhood.” In addition to its prime location, you couldn’t ask for finer finishes: nine foot

ceilings (10 foot in the penthouses), engineered hardwood flooring, luxurious wool blend carpeting, custom millwork, expansive windows to bring lots of natural light in, European-inspired epicurean kitchens and Zen-inspired bathrooms. The kitchens feature custom designed cabinetry, top-of-the-line stainless steel appliances, including a Fhiaba fully integrated refrigerator, marble countertops with ¾ edge finish and under-the-cabinet puck lighting. “While many people are currently downsizing from their large single family homes to more convenient one-level living, the suites here have been designed with that in mind,” Sidhu says. “We often hear from downsizers that they don’t want to compromise their lifestyle, especially when guests are coming. Inviting people for dinner, family and friends, many condos lack a proper dining area. This feature has been incorporated into many of the

homes without needing to entertain the highest priced or largest unit.” One of its most unique and sought-after features are the gardens on the second floor. This quiet and enchanting private oasis offers incredible outdoor space for the residences that face into this courtyard, of which there are only two left. Truly, this is one of the best outdoor havens you will find in a condominium building. The discriminating people who have already purchased a home in Kerrisdale Gardens have boasted about the access to some of the province’s top schools, both public and private, the walkability of the neighourhood and the penthouses with private garages in the underground. Each homeowner can feel safe knowing the four-storey building offers two levels of secure gated underground parking, plenty of secured storage lockers and ample bike storage. Convenience continues with two elevators for residents to

access their homes. As one of the oldest and most distinguished neighbourhoods in Vancouver you will find plenty of amenities including transit, top rated schools and recreational opportunities, all within easy walking or driving distance. Then there’s high-fashion to patisseries, gourmet cheeses to European décor, including such popular spots as Secret Garden for afternoon tea and neighbourhood favourite, the Red Onion Neighbourhood Grill. These elegant, single-family home inspired residences must be seen to be fully appreciated. The sales centre, located at 2128 West 40th Ave., Vancouver, is open by private appointment only. With only 14 available, these condominiums won’t last. Your brand new home will be move-in ready in Spring 2015. For more information or to view, call 604-559-9848, email at info@kerrisdalegardens.ca or visit www.kerrisdalegardens.ca.

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