VANCOUVER EASTSIDE Dec 1, 2016 Real Estate Weekly

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THURSDAY, DECEMBER 1, 2016

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

Holiday Décor Tips from Celebrity Designer Duo Colin and Justin

C

hristmas is such a magical time of year, and there’s a special warmth that comes into a home during the holidays. This year, you can create that toasty atmosphere with some great tips from celebrity designers Colin McAllister and Justin Ryan, hosts of W Network’s Game of Homes and Cottage Life’s Cabin Pressure. “The first rule is to look at your existing festive decorating theme and see what you need and what you can discard,” says McAllister, who spoke to REW from the couple’s home in Scotland. “Go easy … Your festive décor should enhance what is already in your home. And forget the gaudy explosion of tinsel.” Ryan agrees and adds: “You want to set the festive mood in your home, but you don’t want it to look cluttered. Last year, in our Toronto condo we painted a backboard and attached LED lights shaped as a Christmas tree and hung it on the wall.” Here are some of McAllister and Ryan’s favourite design ideas for the holidays. Natural Inspiration Head outdoors and laden your baskets for some inspiring DIY projects using pine cones, driftwood, branches and berries in order to craft your own decorations. “Display pine cones in huge glass bowls,” adds Ryan. Another great idea is to gather twigs and bundle them with a bow and little Christmas baubles.

No Fireplace? No Problem Even without a fireplace, you can create a merry focal point with a wall shelf or couch. Decorate your shelf with sparkly party trays and hang your glasses, so you also have a “mini bar.” Add festive cushions and/or throws on your favourite couch. Festive Tables Set your table with precious metals – McAllister and Ryan use tall-stemmed crystal (rimmed with gold) to invite a little extravagance. You can even decorate your own glassware with festive adhesive stars or use non-toxic gold and silver paint pens to create your own designs.

Dollar Store Treasures “We absolutely love dollar stores for adhesive stars and other cute decorations,” says Ryan. Create a constellation of stars or look for snowflake or tree motifs, or seasonal words like “Noel” and “Joy” for your windows or doors.

Deck the Halls Inspired by days of yore, choose jewel-toned glass, ornate gilt boxes, snow globes, glittered balls and trays of gold pinecones. Ruby tones, gold and glass complement dark wood furniture and rich timber floors, while the warmth of red – mixed with twinkling candles – creates a classic holiday feel.

Wooden Décor For a traditional alpine feel, go to town with wood decorations; think snowflakes or trees such as Treedia (pictured). “These are gorgeous table-size wooden trees made by a Canadian company that we have fallen in love with, the Canadian Wooden Christmas Tree Company,” says Ryan.

Contemporary Chic Want winter chic with a contemporary twist? Add crystalline, frost and white berries. Glass, clear plastics and silvered ceramics accented with faux foliage pull the look together. Layer your white tablecloth with silver place settings, steel-toned cutlery and clear glass for an icy feel, and add glittery touches to embolden. Serving boards in white marble work really well with this theme.

GO TO

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

Five Top Financial Tips for New Homeowners

Eleven Ideas for the Feds to Improve Housing Affordability: CHBA

New Home Construction Spend Breaks Records in BC: StatCan


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THIS IS IT!

www.dexterrealty.com

$1,209,000 Move-in ready. Completely

3332 PARKER ST.

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.

OPEN SAT/SUN 2-4PM CHOICE PROPERTY!! 450 EAST 57TH AVE.

Invest & Builder Alert

$1,599,000

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.

SU-MARIE BAIRD cell 604-786-1305 off 604-263-1144

604-689-8226 Yaletown 604-336-3539 Main Street 604-263-1144 Kerrisdale 403-1188 QUEBEC ST.

$1,248,000

RARE 3 BDRM & DEN

Taking our Listings Global 1806-111 E. 1ST AVE.

$1,950,000

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

1806-111 E.1ST AVE. Lisa Findlay 778-378-8090

$1,288,000

sumarieb@hotmail.com

DEXTER ASSOCIATES REALTY 604-649-7040 LORI PETTIGREW

ALAN YASIN

www.YourRealtyDreams.com

DEXTER ASSOCIATES REALTY WATERFRONT LIVING

$580,000

RENOVATED 2 BED VIEW CONDO! Modern waterfront VIEW condo! Spacious 2 bed, 2 bath. Large balcony. In-suite storage, laundry, 2 parking. Well maintained RAINSCREENED freehold building. Resort style amenities! Steps to parks & river walkway. A MUST see! Call to view. 301-2020 E. KENT AVE. S.

MINUTES FROM DOWNTOWN!

BUILDING LOT BONUS… HOUSE

Like new, spacious 929 square foot 2 bedroom, 2 bathroom suite. Large master suite with walk-through custom closet. Large den that could be used as a 3rd bedroom. Granite counter tops, stainless appliances, maple cabinets.

Trendy Main/Fraser neighbourhood. Invest now, build later. Make this sweet deal the stepping stone to your perfect dream home. 2 beds, 1 bath, enclosed backyard.

Kevin Banno 604-300-3165

DEXTER ASSOCIATES REALTY

Evelyn Singer 604-314-4123

NORM FLOCKHART

PREC

SKIPSHOMES.COM

(604) 261-7275

CATHIECLINE.COM

13 Year Member of MLS Medallion Club

604-263-1144

AFFORDABLE AND CONVENIENT 203-3 N. GARDEN DR.

$385,000

Great space in this 2 bed, 1 bath apartment, minutes to downtown, located in this pocket of East Vancouver. Affordability is here!

$1,200,000!

OPEN SUN 1-3!

3 BR's & DEN! QUIET, TREE-LINED STREET! 1930 Home features lots of original woodwork, brick-faced fireplace & high ceilings on Main. Easy to suite the unfinished Bsmt. Upgraded wiring & panel. 33' x 98' Lot. Steps to school, parks & buses! 5251 St. Catherines Street.

www.normflockhart.com


R E W.ca » VA N COU V E R E ASTS I D E » T H U RS DAY D EC E M B E R 1 , 2 0 1 6

“Your East Vancouver Real Estate Experts!” 320-3080 LONSDALE AVE.

$299,000

Lisa MacIntosh

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Diane Kunic-Grandjean

UPPER LONSDALE MILLION DOLLAR VIEW AT A THIRD OF THE PRICE 1 bed, top floor, West facing property in Upper Lonsdale 1 bath – 756 sq.ft. + 80 sq.ft. of covered balcony! When was the last time you stepped into a 836 sq.ft. (incl. balcony) 1 bed top floor West facing property in Upper Lonsdale! Enjoy cooking in your fully renovated modern kitchen w/ it’s unique pantry, while entertaining your guests in the adjacent extremely spacious dining room. Cozy up on your full-size sectional in the living room while taking in the views through big sliding doors letting in lots of natural light. A King size bed will easily fit your spacious bedroom w/ its very own walk-in closet! 80 sq.ft. balcony to BBQ away! Laundry on each floor and yours is across your hallway, including supplementary storage. Lots of in-suite storage, storage locker, one parking. 1 cat or dog allowed. Very well maintained bldg. with easy access to the fun that North Van has to offer. Bring your house-sized furniture, art for the expansive amount of wall space, and your fake tree as you well may be home for Christmas!

GREAT LOCATION CALLS FOR GREAT OPPORTUNITY! 525-527 MALKIN AVE.

$1,949,000

VERY UNIQUE 1 BEDROOM CORNER UNIT OF 702 SQ.FT. W/ FANTASTIC & PRIVATE OUTDOOR SPACE!

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!

TROUT LAKE - WESTCOAST MODERN SOUTH FACING 1/2 DUPLEX 3 BED - 2.5 BATHS 1785 E.14TH AVE.

$1,125,000

A Westcoast flair & unusual layout, this South facing modern 1/2 duplex provides 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.

107-925 W. 15TH AVE.

$484,900

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 3444 W. 5TH AVE.

$2,950,000

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.

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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R E W.ca » VA N COU V E R E ASTS I D E » T H U RS DAY D EC E M B E R 1 , 2 0 1 6

Tony Alves

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. Top New Home Construction Award Diamond Master Medallion

Free Market Evaluation. Sell your house fast. Buyer with Cash looking for building lot. Custom build your dream house.

BALDEV SANDHU 604-880-9571 www.BaldevSSandhu.com DaveSandhu@royalpacific.com

604.617.0189

Centre Realty 604.435.9477 www.tonyalves.ca • aalves@sutton.com

MASTER

pangt@sutton.com

JULIANA HO 778-869-9688

ROYAL PACIFIC

www.JulianaHo.com Juliiho@gmail.com

R E A LT Y

2084 EAST 54TH AVENUE • $998,000

Vancouver East, Collingwood Side by Side Duplex, 2-storey with basement 5508 Dundee St. $1,148,000

OPEN HOUSE SUNDAY 2-4 PM

Teresa Pang

604.889.7008

BALDEV SANDHU & JULIANA HO TEAM

BRAND NEW PRICE

OPEN HOUSE PM SAT & SUN 2-4

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!

First Time Buyers, Investors or Builders Fantastic Price for Fraserview Area You can build 2263 sq.ft. + 517 sq.ft. laneway This 2 bedroom bungalow plus a finished basement sits on the great location of Victoria Drive and 54th area. Loads of potential, renovate and build a laneway home or build a 2,263 sq.ft. home plus a 517 sq.ft. laneway on this easy to build on lot. Basement could be a nice suite with a little TLC.

Vancouver East, Victoria Presale - 3 storeys plus LWH 2073 East 27th Ave. $2,075,000 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!

With Experience& Enthusiasm Expect Results!

Call

Eva Roberts

Sutton Grp West Coast (Van49) (604) 257-8888

eroberts.ca

CELL. (604) 328-7009

NEW LISTING!

Vancouver East, Grandview Vancouver Duplex under construction 2118 Graveley St. $1,310,000

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 SUNDAY 2:30-4:30 PM QUALITY CUSTOM BBY HOME 8477 10th Avenue Beautiful 2 years young 4050 sq ft home in East Burnaby. Quality finishing with 6 Bdrm and 7 Bthrm. Massive family room with gourmet kitchen. Crown molding and Cherrywood flooring found throughout. Good sized Master bedroom with fabulous ensuite. Huge private 59 FT X 135 FT lot. 2 bdrms in basement for extended family. Centrally located near schools, transit, Highgate and Metrotown mall. Asking $1,798,000.

OPEN SUNDAY 2:30-4:30 PM 8234 Burnlake Drive 13 Bedrooms! 8 Bathrooms! Custom built home on enormous 18,826 sq ft lot on desirable street in prestigious Government Road neighbourhood. Centrally located near Costco, SFU, Seaforth Elementary, Skytrain and Lougheed Mall. Builders note lot size; also great revenue potential. Asking $2,250,000.

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

www.monettyler.com

ICE

ICE

PR NEW

PR NEW

NEW LISTING 105 Greenleaf Court

$1,358,000

137 Aspenwood Drive

$1,698,000

4 Aspen Court

$1,488,800

3328 Cornwall Street, PoCo $838,000

GREENBELT

SOLD 20 Timbercrest Drive

$1,478,000

1 Parkglen Place

$1,278,000

38-2000 Panorama Drive

SOLD $548,000

3414 Devonshire Avenue


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R E W.ca » VA N COU V E R E ASTS I D E » T H U RS DAY D EC E M B E R 1 , 2 0 1 6

BY ZENTERRA. A STEP ABOVE THE REST! EACH HOME HAS A PRIVATE ROOF TOP PATIO.

SOHO is a collection of townhomes located in the heart of South Surrey’s Morgan Crossing neighbourhood. Our homes feature transitional-contemporary architecture with many extras included in every home.

SOHO Sales Centre: 30-2411 160 St. Surrey Open daily 12 to 5 PM


R E W.ca » VA N COU V E R E ASTS I D E » T H U RS DAY D EC E M B E R 1 , 2 0 1 6

FIRST RELEASE

SOLD OUT! HURRY!

DON’T MISS THE NEXT RELEASE

PERFECT HOMEOWNER BENEFIT PROGRAM LIMITED TIME OFFER——SAVE UP TO $15,000*

RESIDENTIAL LUXURY IN BRENTWOOD. CLOSE TO DOWNTOWN VANCOUVER WITHOUT VANCOUVER PRICES. 1 Bedrooms from $370s + Air conditioning in every home + 9' ceilings + Triomphe Pavilion: 3-storey amenity building with swimming pool + Extra large balconies + Forever views

GILMORE AVE

BOUNDARY RD

+ Close to new Whole Foods Market + Steps to Gilmore Station + One block to Vancouver + 15 minutes to Downtown Vancouver + 5 minutes to Second Narrows bridge

N HALIFAX ST

T Y

ED HW

E LOUGH

VISIT US TODAY TO LEARN HOW TO SAVE $15,000*! PRESENTATION CENTRE 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 *Offers only apply to select homes. Total savings may vary depending on suite type. This offer is open until December 15, 2016. 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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VANCOUVER EASTSIDE

THURSDAY, DECEMBER 1, 2016

Looking for a new home? Start here.

R E A L

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W E E K L Y

New Home Sales in Metro Vancouver See Similar Dip to Resales: UDI Report

Metro Vancouver’s new home market was negatively impacted by the recent government initiatives to slow down sales activity in the region,” according to the latest quarterly Urban Development Institute State of the Market Q3 2016 report, compiled by real estate think tank Urban Analytics and released November 17. Just over 3,000 new multi-family home sales were recorded in 2016’s third quarter, which is a decline of 34 per cent from the same quarter last year and a drop of 55 per cent from the six-year record set in 2016’s second quarter, said the report. The figures run contrary to recent media reports suggesting that the new home market is bucking the downward trend seen in Metro Vancouver’s resale market. There have also been several press releases issued recently to media

by developers citing recent presales successes. “Some developments are doing really well, but there is an overall slowdown in the new home market,” Jon Bennest, principal at Urban Analytics and one of the report’s authors, confirmed to REW. ca. “There are a number of reasons for this, and the new foreign buyer tax is just one of them. In fact the market was already showing signs of cooling prior to the introduction of the foreign buyer’s tax.” Variation by Housing Type Broken down by property type, there were 1,763 new concrete condominium sales in Q3 2016, which is down 21 per cent compared with the same quarter last year. For new wood-framed condos, sales were down 44 per cent from Q3 2015. New townhomes told a similar story,

with the 587 new townhome sales recorded in Metro Vancouver a drop of 28 per cent compared with 2015’s third quarter. Bennest said that one of the causes for some developments not doing so well was a “less sophisticated” developer failing to respond to changes in the market. He said that following the frantic second quarter where presale prices were breaking records at every new development, some developers in the third quarter were also attempting to set new record sale prices, and consequently overpricing their product – particularly in the Fraser Valley region, said Bennest. As has been happening in the resale market, Bennest said, “Buyers have been stopping and taking a step back and saying, ‘Is this something I can afford, based on my income and down payment? What else is on the market?’”

Lack of Inventory The report added that “overall released and unsold inventory levels are still down 54 per cent compared to the same quarter last year.” It said that currently, across Metro Vancouver, there are only 31 concrete condominium units, 19 new wood frame condos and 12 new townhome units that are completed and unsold. Bennest suggested that the low standing inventory levels are another possible reason for the drop in sales in the third quarter – that a lack of available new home product has also caused buyers to put their plans on hold until more options are available. “If you look at available inventory in the market, despite the slowdown in sales, it remains extremely low. As a buyer you may want to see what happens in the market.” Bennest pointed out that, despite the overall slowdown, some developments have been selling extremely well, particularly in areas such as downtown Vancouver, Metrotown and Brentwood, where demand is still high.

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