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TIPS FOR PROPERTY MANAGEMENT! P.14 P.02
HOW TO
MAKE YOUR HOUSE
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MEET OUR REALTORS速
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GIVE YOUR HOME A
LAYER OF
PAINT
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OUR NEW OFFICE KANAVERO
EUROPEO MODULAR UNIT $5800.00
home
MAKING YOUR HOUSE A
ARTICLE BY BRITNEY FREMEAU Realtor® specializing in Interior Design and Space Planning
An organized home is an organized mind, so it’s important to make your home functional for you ...and not worry too much about how your choices will affect your resale value. Don’t get me wrong, when it comes to renovating, or purchasing large investment pieces, it’s important to consult a professional for their advice. But here are a few tips that may help you when it comes to making your house a home.
and determine how you need it to function for you. Investing in custom built-in furniture is a great way to increase value in your home. Chances are the future home buyers will find value in it as well; this is why consulting a professional is important, you want to ensure your custom unit is within the same value as your home and be sure you’re utilizing your space to its maximum potential.
CREATE VALUE WITH CUSTOM BUILT-IN FURNITURE As a Realtor® and Design Consultant I commonly work with clients with smaller spaces – condos in Yaletown, Coal Harbour and Downtown, and the most common request is to design multifunctional furniture. One of my favourite projects was in the Jameson House building, where my clients had downsized from a large home into a two bedroom unit. A traditional couple with a love for entertaining, they decided to use their living area as a formal entertainment space and wanted a multifunctional unit for their second bedroom, which was intended to be their media room and home office. It was an interesting challenge, and it was executed beautifully, encompassing everything they had hoped to incorporate. It’s amazing what you can fit into a small space without making it feel crowded, the key is to define the space
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EUROPEO MODULAR UNIT $4500.00
MOLTENI W-FLAP EXTENDABLE TABLE Starting At $4700.00
UTILIZE YOUR SPACE TO ITS MAXIMUM POTENTIAL. Even my clients with multiple homes want to maximize every square inch of their space, and the market is full of great products to allow one to do so. Bed frames with built in storage are a great way to conceal additional bedding, towels, or even a nice space for your guests to keep their belongings. Extendable tables, these have been on the market forever—remember your parents and grandparents pulling the table apart and digging out the additional leaves? Not anymore, furniture design has evolved, extendable tables now house and conceal the additional leaves within the table, creating a seamless transition from a 2-4 person table to 6-8 or even 8-10 person table!
The key is to the space & determine how you need it to function
define MOLTENI HONEY BED $7500.00
GIVE THE ILLUSION OF MORE SPACE. It’s simple, really: elevate. Elevating your media unit, dining credenza or storage units allows the eye to observe the floor space without interruption, thus giving the illusion of more square footage. This is a great strategy to use if you’re staging your home for sale as well. Concealing your media equipment will also give the illusion of more space, because most people have massive televisions and multiple electronic devises and they clutter the space and distract the eye, which makes a space feel smaller. If you’d like more information, or you’re interested in a Design Consultation, feel free to contact me: BRITNEY@BRITNEYFREMEAU.COM
Mention this advertisement at italinteriors, and receive 15% off your purchase.
bc - 03 -
1028 Mainland Street, Vancouver BC, V6B 2T4 [604] 685 0037 // info@italinteriorsbc.com // www.italinteriors.com
VA N C O U V E R
402 1499 W PENDER ST VANCOUVER
iman mogadam 604.721.6209
1 Bedroom, 2 Baths, 760 sq.ft at one of Vancouver most prestigious addresses Wide-plank brushed oak flooring through out, gourmet 'Data of Italy' Kitchen Large ensuite w/Italian marble countertop; excellent amenities
$638,000 5859 ORMIDALE ST VANCOUVER
$1,499,000
shahin behroyan 604.338.5652 7 Beds, 6 Baths, 4347 sq.ft massive private lot massive backyard and a large deck Great neighborhood, close to all schools and shopping
$729,000
mohammad vaziri 604.825.1731
$395,000
nasser fazli 604.921.1785
1107 63 KEEFER PL VANCOUVER
$348,800
leigh walker 604.313.7607
524 sq.ft • 1 bedroom, 1 bath Bright corner suite at Symphony Place Luxury finishing, city views
588 sq.ft • 1 bedroom, 1 bath Barely lived in unit, perfect condition Solid building with excellent amenities
2101 388 DRAKE ST VANCOUVER
1003 1205 HOWE ST VANCOUVER
1602 1455 HOWE ST VANCOUVER
$899,999
arman khabbaz 778.840.1690 1132 sq.ft • 2 bedrooms, 2 baths Geothermal heating/cooling LEED building, "Best Hi Rise" in 2007
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1350 sq.ft • 2 bedrooms, 2 baths Breathtaking Coal Harbour water view Renovated, many high-end upgrades
1406 565 SMITHE ST VANCOUVER
D
401 1415 W GEORGIA ST VANCOUVER
$739,800
nasser fazli 604.921.1785 1220 sq.ft • 2 bedrooms, 2 baths Completely renovated in 2004 Den opened up for spacious floorplan
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$415,000
thomas chung 604.657.3005 665 sq.ft • 1 bedroom, 1 bath 10' ceiling, spacious open living room Insuite storage, solarium plus locker
VA N C O U V E R
1505 33 SMITHE ST VANCOUVER
iman mogadam 604.721.6209
945 sq.ft • 2 bedroom, 2 bath West facing balcony, 4 piece ensuite Stunning water views from every room Steps to Seawall & Marinaside Crescent Amenities incl. kayaks and bowling lanes Granite Countertops, s/s appliances
$640,000 1806 638 BEACH CR VANCOUVER
$932,500
shahin behroyan 604.338.5652
1777 W 57TH AV VANCOUVER
$2,580,000
jenny wang 604.780.4725
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2 Beds 2 Baths, plus den, 1150 sq.ft Rare waterfront units at the ICON Stunning park and False Creek views
1604 1212 HOWE ST VANCOUVER
$379,900
saleem dhalla 778.322.5040
1107 1010 HOWE ST VANCOUVER
$1,198,000
daniel k preston 604.617.5981
591 sq.ft • 1 bedroom, 1 bath Floor plan maximizes space and light Open concept, perfect for entertaining
1764 sq.ft • 3 bedrooms, 3 baths Best penthouse value at 680/sf Completely renovated, great location
2401 1199 SEYMOUR ST VANCOUVER
703 33 PENDER ST VANCOUVER
102 546 BEATTY ST VANCOUVER
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4680 sq.ft • 6 bedrooms, 4 baths Lot of 65' x 120'. Significant renovations Bathrooms totally redone, new kitchen
$439,000
shahin behroyan 604.338.5652 586 sq.ft • 1 bedroom, 1 bath Custom built California walk-in closet English Bay and the downtown city view
$428,800
ghazal ighani 604.313.9293 765 sq.ft • 1 bedroom, 1 bath One bdrm & Solarium Loft-Style unit Enclosed Large Solarium
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$380,000
omid khosravi 604.780.4725 623 sq.ft • 2 bedrooms, 2 baths Loft with soaring 12' ceilings Polished concrete floor
NORTH SHORE
901 1320 CHESTERFIELD AV NORTH VANCOUVER $688,888 sina tajbakhsh 778.895.6245
1150 PREMIER ST NORTH VANCOUVER
$458,000
oscar barrera 778.228.2811
2458 BERTON PL NORTH VANCOUVER
$1,270,000
oscar barrera 778.228.2811
1006 sq.ft • 2 bedrooms, 2 baths Southeast Corner unit in Vista Place Breathtaking ocean view
1560 sq.ft • 3 bedrooms, 2 baths Family-oriented community Garden and pool
3602 sq.ft • 6 bedrooms, 4 baths Beautiful yard and playground Very functional design
605 2024 FULLERTON AV NORTH VANCOUVER
406 158 13TH ST NORTH VANCOUVER
1004 175 2ND ST NORTH VANCOUVER
$308,800
amir soltani 604.786.2584
$679,900
sina tajbakhsh 778.895.6245
$829,000
sina tajbakhsh 778.895.6245
781 sq.ft • 1 bedroom, 1 bath Completely renovated bright unit Floor to ceiling windows
1026 sq.ft • 2 bedrooms, 2 baths, den South West Corner unit in Vista Place Close to shopping, Highway 1, SeaBus
1079 sq.ft • 2 beds, 2 bath, den Corner unit with breath-taking view Comes with 2 parking
468 GENOA ST NORTH VANCOUVER
1763 PHILIP AV NORTH VANCOUVER
266 17TH ST NORTH VANCOUVER
$2,195,000
mike mehin 604.512.7591 4800 sq.ft • 5 bedroom, 6 bath Elegant, new, custom built home Spacious,open, luxury throughout
$849,900
kam nouri 604.537.4463 2283 sq.ft • 5 bedrooms, 3 baths Fully renovated with mortgage helper Desirable Pemberton area
340 28TH ST NORTH VANCOUVER
2514 sq.ft • 4 bedrooms, 4 baths Beautiful spacious house High-end finishings, 2-5-10 Warranty $1,378,000
sahar barati 778.829.7724
3104 sq.ft • 5 bedrooms, 5 baths Top end materials throughout, hardwood flooring with radiant heat Come see the unmatched craftsmanship for yourself!
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$1,038,000
amir soltani 604.786.2584
NORTH SHORE
127 119 22ND ST NORTH VANCOUVER shahin behroyan 604.338.5652 637 sq.ft • 1 bedroom, 1 bath Anderson walk's new display home Renovated limited collection home Sophisticated interior design details Smooth granite and marble counters Laminate wood flooring Rich rift-cut oak cabinetry
$499,000
1187 DORAN RD NORTH VANCOUVER
$1,640,000
shahin behroyan 604.338.5652 4145 sq.ft • 7 bedroom, 6 bath Located on a very quiet street Great mortgage helper suite
1849 LARSON RD NORTH VANCOUVER
$1,299,900
shahin behroyan 604.338.5652 3081 sq.ft • 6 bedrooms, 6 baths Newly built energy efficient home Water and downtown views
2272 NELSON AV WEST VANCOUVER
$2,799,000
shahin behroyan 604.338.5652 4284 sq.ft • 4 bedrooms, 4 baths Top of the Hill on the "Golden Spot" Unobstructed panoramic views
765 EDGEWOOD RD NORTH VANCOUVER
shahin behroyan 604.338.5652
6 Beds, 8 Baths, 6052 sq.ft brand new home on a ≈12000 sqft lot Panoramic Ocean, Bridge and City views from all rooms Media room, legal suite, floating steps, see through fireplace and more
$2,989,000 - 07 -
BURNABY
137 HOWARD AV BURNABY sahar barati 778.829.7724 6 Beds, 4 Baths, 2623 sq.ft, excellent location Stunning spacious home with mountain and city view
$1,198,888
2705 4888 BRENTWOOD DR $369,800 BURNABY kam nouri 604.537.4463
1103 2232 DOUGLAS RD BURNABY
$559,000
saleem dhalla 778.322.5040
1401 2088 MADISON AV BURNABY
$435,000
faye cheveldave 604.904.7788
699 sq.ft • 1 bedroom, 1 bath North facing unit with two balconies Convenient location, easy access to SFU
1071 sq.ft • 2 bedrooms, 2 baths Balcony facing away from the highway Newest North Burnaby development
972 sq.ft • 2 bedrooms, 2 baths Excellent layout, many amenities Close to skytrain, shopping
1706 2133 DOUGLAS RD BURNABY
5996 HARDWICK ST BURNABY
5438 OAKLAND ST BURNABY
$359,000
farhad sanai 604.710.5060
$535,000
amir jahanmiri 604.818.9449
$899,500
brad soltani 604.219.0122
712 sq.ft • 1 bedroom, 1 bath No HST, convenient location Nice few, high quality building
1211 sq.ft • 3 bedrooms, 3 baths Open and spacious 1/2 duplex Prime central Burnaby location
1957 sq.ft • 3 bedrooms, 4 baths Luxury house in desirable area Mountain view, close to everything
7718 MAYFIELD ST BURNABY
5876 BUCKINGHAM AV BURNABY
$1,619,000
111 7337 MACPHERSON AV $428,000 BURNABY
jenny wang 604.780.4725
maria belanic 604.617.8259
$1,248,000
sahar barati 778.829.7724 3444 sq.ft • 8 bedrooms, 6 baths Designed with pride, many features Large bright rooms, laminate floors
3614 sq.ft • 3 bedrooms, 4 baths Offered at lower than assessment value Amazing layout, spacious bedrooms
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957 sq.ft • 2 bedrooms, 2 baths Corner unit walkout patio Short walk to Royal Oak Skytrain
SH E R F INT A H F PA T I E W O T OUS A H O C OUR Y Y L L
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ARTICLE BY JULIE PRASAD
If you are thinking about selling your home, consider brightening it up with a fresh coat of paint before putting it up for sale. This fairly inexpensive investment will boost your home’s attractiveness and its first impression on a prospective buyer. Real estate professionals agree that a good first impression is critically important when selling any home. A new paint job conveys a well maintained appearance to a home that gives it a distinct selling advantage. As a result, when selling your home, repainting is really more like an investment than an expense.
What Colours Should I Choose? Many people get overwhelmed when it comes time to choose paint colours for their home. Remember, the term "neutral colors" doesn't limit you to shades of white and beige, they can be combined with a number of bolder colors to highlight your home. Neutral colours also look amazing in online photographs which is the first opportunity potential buyers have to view your home. A popular colour according to Alvin Bali, a Commercial Branch Manager of Sherwin Williams paint stores in Surrey, B.C., is “Greige”—a warm combination of grey and beige. Beiges and taupes on their own can look outdated, but the combination of grey and beige brings a fresh modern look. This colour is perfect for creating a warm atmosphere and entertaining, especially in living room areas. Using a splash of a bright colour is perfect for an accent wall but remember to think about your furniture style and colours to match the look you want to accomplish. By painting your house a warmer neutral colour, a prospective buyer will appreciate, and be motivated by, the idea of not spending additional dollars re-painting it after purchase. After all, the goal is to sell your house!
In kitchens, the colour yellow still reigns supreme. Alvin suggests to not use shades of butter or corn but feels homeowners are now going for softer yellows like “Baby Yellow”. This colour is a gentle, washed out version of its vibrant counterpart, which creates a calming effect. Current trends for bathrooms include cool shades of greens and blues. Overall, when it comes to interior colours, earth tones depict the colours in nature, which are considered warm and inviting. Because these are muted, they're soothing, relaxing and work well with most tones and room themes. Earth tones also complement rooms with a lot of wood, stone, metal or glass. More often than not, prospective buyers aren’t exactly sure what they’re looking for, so you have to evoke an emotion from them that causes them to fall in love with your house. Also remember that not all paint is created equally and you have to understand your budget before investing in the idea. The quality of paint can vary along with its price. If you’re not sure of choosing a certain colour, Sherwin Williams sells a litre tester can called, “Colour to Go” which is available in 6000 colours. At the price of $8 per tester litre, it’s definitely worth testing out the colour in a small area of your wall so you don’t regret the colour choice you picked if the match isn’t what you wanted. You can also bring existing floor/furniture samples along with pictures into a Sherwin Williams store to help choose a colour that matches with your style. Have fun with choosing paint colours, but remember the end results should look nice and be functional at the same time. For more information regarding this article or assistance in buying discounted paint or painter services, please feel free to contact me. I look forward in helping you achieve your selling or buying needs.
Warmest Regards, JULIE PRASAD CONTACT JULIE AT: 778.968.4403 | JULIE@JULIEPRASAD.COM
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julie prasad
michael t. hickey
mimi lauzon
jennifer kwok
shahin behroyan
iman mogadam
mohammad vaziri
david lee provo
paolo cartocci
omid mashinchi
mahmood ahamed
mana erfani
tito ohep
samer sahmani
david snider
sara nouri & kam nouri
jenny wang
justin yvon cote
leigh walker
farid hosseini
saleem dhalla
jan-michael flores
farhood hashemian
thomas chung
hida zand
nicholas alexander
fahad abrahani
hamidreza ahmadian
maria belanaic
reza mousavy
arun dua
mehdi hosseini
shiva anaraki
omid tehrani
farshad nasirbeigi
hossein soltani
mohammad khalilbeigi
karim lalji
adam mazaheri
robert patyk
emilia gonzales
naser fazli
peyman taleghani
heather kim
christine xu
ashley cadman
alana thomson
salar sar salari
colleen gail last
kiaffar ghaffari
pritpaul k samra
irina novinska
gurmesh pathal
mike mehin
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focus is your success
our
w e a r t h e c row n, l e t u s a dv i s e i t
managing broker Soroush Babaeian 604.729.4534
leiha fiddler
farzad kossari
henry win
brad soltani
rashid lalani
vince nazari
alnasir jessa
adrian pereira
amir soltani
oscar barrera
daniel preston
pedram naimi
shaun raffie
arash bahmani
fara ghafari
linda yurechko
meysam soltani
farhad sanai
naser sardari
mary rose kotyakova
azadeh sazegarian
shaba pari
desiree monsurate
shoichi fujii
randy rudland
tesina lejune
moyez pirani
milad khavari
mel mcconnell
bruce keshavarz
latif hossain
sina tajbakhsh
britney fremeau
hamid teimoori
ron sanyal
ghazal ighani
tanya namdari
soroush zonuzi
andrea brewer
alan charlton
faye cheveldave
seema chand
shoeleh behinfar
ali alaei tafti
bill milligan
naheed walji
sam jira
tyler gump
ali farbehi
steven corcoran
arman khabbaz
igor ustyushenko
bill milligan
farzin dian
robert rivington
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milad khavari
A
s a twenty plus year resident of Coal Harbour, I believe in the Downtown Real Estate Market as much as you do. Throughout my five year experience in the real estate industry I envisioned a profession that provides personalized and dedicated client care, innovative and cutting edge marketing strategies coupled with an extensive network of buyers and sellers.
arash vince nazari
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milad khavari 604.727.2011 1450 sq.ft • 2 bedrooms, 2 baths A block from English Bay Spacious, open, modern interiors
$1,200,000
milad khavari 604.727.2011
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3706 1011 W CORDOVA ST $3,648,000 VANCOUVER
3001 1205 W HASTINGS ST $3,488,000 VANCOUVER
vince nazari 778.999.7999
milad khavari 604.727.2011
2320 sq.ft • 2 bedrooms, 3 baths Finest luxury condo living and view Best shopping and all the amenities
1206 1221 BIDWELL ST VANCOUVER
1100 sq.ft • 2 bedrooms, 2 baths A block from English Bay Spacious, open, modern interiors
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860 sq.ft • 2 bedroom, 2 bath Heart of Coal Harbour at the Classico Fabulous condition, new hardwood
$1,650,000
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milad khavari 604.727.2011
1404 1221 BIDWELL ST VANCOUVER
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$619,000
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1901 1328 W PENDER ST VANCOUVER
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Team KanaVero
2500 sq.ft • 3 bedrooms, 3 baths Family penthouse at cielo 270 degree views of Burrard Inlet
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our realtor®
y Career began in 2006 throughout Vancouver and has spanned over to the coastlines of Dubai until 2009. My dedication to the industry is marked by a broad international network and a continued study of global conditions that create the movement of $$$ and how this effects the local Real Estate Market. I look forward to the opportunity of meeting, sharing my experience and strategies that will best serve your desired result.
PH 1668 ALBERNI ST VANCOUVER
$1,374,800
vince nazari 778.999.7999 2054 sq.ft • 3 bedrooms, 3 baths Extraordinary one of a kind penthouse Private elevator, double height ceilings
REAL
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ES TATE
t is with great excitement that we enter the real estate arena with the satellite office of Royalty Group Realty, dedicated to Vancouver’s waterfront communities, and its clientele. Our storefront is located in the affluent neighbourhood of Coal Harbour. We develop to be a supporting pillar serving the real estate needs of our community, and actively cross promoting with all supportive business’s that make this area a destination location. We are poised to drive timely results within the current and foreseeable market conditions through the proven method of a specialised team based approach. We will be employing the latest technologies to better expose your property to the right groups and individuals, increasing the chance of getting the best out of the market conditions. Dedicated buyers agents will provide a highly qualified stream of potentials to the growth and demand of the community as our listing agents take further market share. A dedicated property management agent for residential and commercial assets will care for the investor class client that looks to hold and drive consistent cap rates. In house mortgage consultant will elevate the stress of shopping the market for the best rates and provide all the options to suite your individual needs. In house immigration
GROU P
consultancy will also bolster the pipeline of clientele that will be looking to acquire the lifestyle which our clients are accustomed to. KanaVero is the physical representation of the real estate culture that Milad Khavari and Arash Vince Nazari have been raised in from the time Vancouver was called home. With involvement of family owned and developed properties throughout the city, has afforded us the real hands on experience and appreciation for wealth security, early on. With a collective of ten years in the local and international markets, the energy of youth, incorporation of cutting edge technology, an authentic approach in serving new networks, while safe guarding our foundation of longstanding relationships, makes us the ideal group to represent the select waterfront communities of Greater Vancouver. We look forward to the opportunity of meeting and receiving you in our storefront to open January of 2013.
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KANAVERO REAL ESTATE GROUP { Royalty Group Realty } 1425 WEST PENDER VANCOUVER BC V6G 2S3 cell: 778.999.7999 tel: 604.685.5445 fax: 604.688.6316 Info@KanaVero.com // www.KanaVero.com
A RT I C L E B Y S I NA TAJBAKHSH
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roperty managers can be an asset for a property investor. They can also be a detriment if they are not chosen wisely. Use following tips to learn everything you need to make an informed decision. 1. be business minded When you fail to plan, you plan to fail as the old adage goes. In order to succeed in property investment, you need to have a detailed strategy mapped out and keep sight of your long-term goals. When it comes to managing your property portfolio, you should think like the owner of a business, because that’s essentially what you are! Employ the best people for your team, take an active interest in all aspects of what they’re doing and communicate with them regularly because at the end of the day, it’s your asset and you need to make sure it’s being looked after effectively.
4. stay on top of rent reviews To maximize the return on your investment, it is essential to keep on top of where the rental market is heading. Conducting annual rent reviews will ensure you always achieve the best possible price and therefore returns on your asset. Often, by increasing your rent in line with the market, you can decrease the divide between rising monthly mortgage repayments and the contribution your tenant makes each month. A word of warning though... Getting too greedy can have the opposite effect and alienate a good tenant, who might decide to move on to greener pastures. For this reason, you need to weigh up whether gaining a bit more in the short term could see you lose out in the long term because your property is over priced and remains vacant for longer. 5. don’t make it personal Making friends gives us a warm, fuzzy feeling right? But getting too intimate with your tenants can actually cause a world of pain for landlords. Firstly, there’s more chance of complications when it comes to the tenant paying their rent in a timely manner, as they might feel they can take advantage of your personal relationship. Secondly, if you stretch the friendship and pop around to visit too frequently, the tenants might end up accusing you of breaching their legal right to quiet enjoyment of the rental property. Again, this is where the benefits of employing a business management attitude toward your property investment, as opposed to getting personal, are invaluable.
2. don’t get emotionally involved While we understandably wear our hearts on our sleeve when we go shopping for a new home–after all it’s where we raise our family and find sanctuary from the daily grind– allowing your emotions to get in the way when it comes to your property investments is a big mistake. Rather than imagining yourself in the property you’re looking at, think about the type of tenant you want to attract and whether they would be happy living there. After all, the tenant will help to pay your mortgage and by knowing your target market and catering to their likes and dislikes, you’re less likely to have extended vacancy periods and more likely to achieve top rental dollar. 3. keep your property pristine One way to make sure you get the best tenant to look after your asset, whilst at the same time ensuring it retains its longterm value, is to conduct regular and timely maintenance. With rents on the rise, tenants are increasingly particular about the condition of properties and will be reluctant to pay top dollar for a hovel that’s seen better days. By keeping up appearances with a fresh coat of paint as required, attending to any necessary repairs or even installing an air conditioner or dishwasher to take that bit of extra care for your tenants, you will reap the rewards with a top rental price. Additionally, you are more likely to attract a tenant who pays their rent on time and treats the property with the same respect as they would their own home. And let’s face it, a well maintained property would be a money-spinner for the long term as it continues to grow in value, rather than losing value due to untended wear and tear.
6. have good hired help A good business owner recognizes that they can’t do it all themselves. They hire a good team of professionals to help them effectively manage their interests and generate the best possible profits. The same should apply for property investors. Employing an experienced property manager, who knows the area your property is in intimately, will be a great benefit in the long term. A good property manager will collect the rent, handle maintenance issues and liaise with the tenants on your behalf. Best of all, they will do it all within the parameters of the laws pertaining to rentals and in a professional manner. By handing your asset over to a property manager and paying a small, tax deductible fee for their services, you will ultimately free up your own invaluable time to do what matters most – finding more lucrative rental properties to add to your portfolio.
Have questions? CONTACT SINA AT: 778.895.6245 | SINAHOMES@GMAIL.COM
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TRI-CITIES / RICHMOND / NEW WEST
2187 PARK CR COQUITLAM
$998,000
heather kim 778.847.1452
3110 sq.ft • 5 bedrooms, 5 baths, new addition, just like new house without HST Panoramic view of Inlet and mountains. Custom millwork, Hardwood floors. New energy efficient furnace, new electrical, new plumbing.
2900 MEADOWVISTA PL COQUITLAM
$788,000
milad khavari 604.727.2011
1435 LARKSPUR DR PORT COQUITLAM
$439,000
maria belanic 604.617.8259
3001 2978 GLEN DR COQUITLAM
$419,000
moe khalilbeigi 604.727.4044
3065 sq.ft • 6 bedroom, 4 bath Well kept and updated home Potential for land assembly/rezoning
1050 sq.ft • 3 bedrooms, 1 bath Cozy rancher on large lot Great for reno/build your dream home
888 sq.ft • 2 bedrooms, 2 baths Next to Coquitlam centre mall Tranquil north west exposure
207 74 MINER ST NEW WESTMINISTER
10200 BAMBERTON DR RICHMOND
8266 SABA RD RICHMOND
$299,900
mahmood ahamed 604.618.0039
$1,299,000
jenny wang 604.780.4725
$539,000
vince nazari 778.999.7999
1236 sq.ft • 2 bedrooms, 2 baths New carpets, large loft Scenic views of the Fraser River
2157 sq.ft • 4 bedrooms, 3 baths Prime location of Maple Grove Generously sized rooms
1268 sq.ft • 3 bedrooms, 3 baths Well kept town home at the Chancellor Heart of Richmond centre
411 365 GINGER DR NEW WESTMINISTER
316 340 GINGER DR NEW WESTMINISTER
2417 244 SHERBROOKE ST NEW WESTMINISTER $345,000
$204,800
rashid lalani 604.721.7049 847 sq.ft • 2 bedrooms, 1 bath Great for first-time buyers Close to park and transit
$199,800
rashid lalani 604.721.7049 835 sq.ft • 2 bedrooms, 1 bath Well kept third floor unit Secluded and quiet location
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saleem dhalla 778.322.5040
1127 sq.ft • 2 bedrooms, 2 baths Penthouse floor, end uit Priced below city assessment
310 STRAND AV NEW WESTMINSTER
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SURREY & BEYOND
$799,000
sahar barati 778.829.7724
312 STRAND AV NEW WESTMINSTER
$799,000
85 9405 121ST ST SURREY
sahar barati 778.829.7724
$355,000
irina novinska 604.874.4800
2129 sq.ft • 6 bedrooms, 5 baths Brand new house Desirable neighbourhood
2129 sq.ft • 6 bedrooms, 5 baths Brand new house Desirable neighbourhood
1476 sq.ft • 3 bedrooms, 3 baths Very well maintained townhouse New screen doors and screen windows
14276 62A AV SURREY
5013 WESTMINSTER AV LADNER
A312 8929 202ND ST LANGLEY
$699,900
pedram naimi 604.345.3339
nicholas alexander 604.910.7815
$259,999
pedram naimi 604.345.3339
1815 sq.ft • 3 bedrooms, 3 baths Charming family home close to park Walk score of 87!
833 sq.ft • 2 beds, 2 baths High end finishing, laminate floors Close to shopping, transit
5748 EMILY WY SECHELT
801 VANCOUVER ST CRESTON
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4068 sq.ft • 7 bedrooms, 7 baths Multi-control radiant heating Two bedroom suite with lane access
$608,900
949 STAYTE RD WHITE ROCK
$560,000
arun dua 604.418.1770 1,283 sq.ft • 2 bedrooms & 2 baths Excellent lot to build your dream home 2 blocks away from beach
$318,900
oscar barrera 778.228.2811 1400 sq.ft • 3 bedrooms, 2 baths Completely fenced yard Functional layout
85 unit senior rental building Ready to complete incl. proforma permits, plans, appraisal
TELEGRAPH TRAIL LANGLEY 91.6 Arces across from the Belmont Golf Course Largest privately held Parcel this close to Vancouver Heart of the Diamond Triangle, a developers dream
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$1,990,000
daniel preston 604.617.5981
$9,998,000
alan j. charlton 604.787.7357
A
s wacky Bernanke is back on the printing press at a pace of $40 Billion a month, making it easy to understand the continued pump and dump strategy that is keeping a good part of the planet dazed and confused, now and for the foreseeable future. We must pause for a moment and digest the barrage of information, miscommunication, and global devastation that is causing the most chaotic time in the history of Generation X. When one takes a closer look at the current global strife, it is reminiscent of your 9 year old memories of playing risk on the living room floor with the family. Nothing has changed, and nothing will change, except for the personal choices that this generation is faced with, that will begin to reshape the disfigured structure of our society that we are left with. Please don’t misunderstand, I am not criticising the current models or systems of management, merely pointing out the facts at hand, and how this is effecting the movement of $$$ and a desperate need to the return of modesty. Modesty can be viewed as our common denominator, Terra Firma, Gods Green, Real Estate. Activity in the last quarter of this year has been slow at best compared to previous year to
CURRENT RATES WITH PAYMENTS PER $100,000 WITH 25 YEAR AMORTIZATION 1 YEAR FIXED 2.39% $442 2 YEAR FIXED 2.49% $447 3 YEAR FIXED 2.69% $457 4 YEAR FIXED 2.99% $472 5 YEAR FIXED 3.09% $477 10 YEAR FIXED 3.89% $520 *on approved credit rates subject to change
BCREA 2012 FOURTH QUARTER HOUSING FORECAST
H
ome sales in the province’s largest market have trended lower since the beginning of the year. Tighter high-ratio mortgage credit regulations introduced in July have further softened consumer demand. The key change was the reduction of the maximum amortization period for
REALTY CHECK VINCE NAZARI 778.999.7999 date performance. This is understandably so because sentiment is one of the leading factors in the investment and strategic movement of your life’s labour. Here in Canada we have one of the least corrupt systems of management, with leaders like Jim Flaherty the Minister of Finance and Mark Carney the Governor at the Bank of Canada. With their senses keenly focused on the global stage and the unprecedented values associated with uncertainty that is out of their realm of control, they have recently adjusted the g.d.p of Canada to 2%. This is a reflection of conservatism that has helped maintain the health of our economy in the past for the present, and poised in the future. Realising that Vancouver has consecutively been rated as one of the Top Ten Cities in the World, makes it easy to appreciate the values associated to the crowning jewel of Canada and how more than ever, the time is NOW to pick your piece of paradise. Mark these words, real estate values in Vancouver will not fluctuate more than the average 9% to 12% we have seen for the last 6 months, and as the effects of Obama’s victory restart the American Engine, Canada will be the first to react through immigration and infrastructure improvements that will help lift sentiment, exceed expectations, and drive results.
government backed mortgage insurance. As a result, Vancouver’s home sales for the year are expected to be almost 21 per cent lower than in 2011. However, market fundamentals suggest stronger sales activity ahead. Full-time employment has been growing at a 3 to 4 per cent clip for several months, mortgage interest rates remain at or near historic lows and the population base continues to expand. Fewer residential transactions have led to an increase in the total number of active listings in the market. The region now exhibits buyers’ market conditions, meaning little, if any, upward pressure on home prices. While the average annual residential price is expected to decline nearly 6 per cent this year and a further 2 per cent in 2013, it belies the fact that average price data was skewed high in 2011 by a spate of high-end home sales. The benchmark price, the price of a typical home in the market, didn’t experience the price appreciation, and subsequent decline, that average price statistics suggested. As a result, average price figures for Vancouver should be used with caution. Our analysis points to home prices remaining essentially flat through 2013.
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COMMERCIAL
213 1610 ROBSON ST VANCOUVER
$29,000
milad khavari 604.727.2011
109 15TH ST E NORTH VANCOUVER
$85,000
CONFIDENTIAL VANCOUVER
iman mogadam 604.721.6209
$399,000
milad khavari 604.727.2011
Specialty sandwiches and coffee shop Healthy alternatives Busy food court on Robson Street
High foot traffic and a ton of high rises Solid client base, established business Very affordable lease
Flagship location in downtown Great potential for revenue increase No franchise fee for the rest of the lease
605 3RD AV NEW WESTMINSTER
12155 191B ST PITT MEADOWS
3207 BROADWAY BB VANCOUVER
$1,998,000
daniel preston 604.617.5981 Upgraded building, new heat exchanger Window treatments, fob entry Clean building in highrise zoned area
$479,000
michael hickey 604.762.6429 Well managed fitness centre Profitable & stable membership Good lease and great equipment
$650,000
michael hickey 604.762.6429 Mediterranean deli and wholesale Sales over $900k/year Includes $400k in working capital
201 8838 HEATHER ST VANCOUVER
Lease: $16.00/SQFT Op Cost: $5.33/SQFT
daniel preston 604.617.5981 2nd Floor Corner unit located at front of business park Completely renovated floor to ceiling, 2 large Offices, 1 huge open area, Bathroom with shower.
1271 MARINE DR NORTH VANCOUVER
Lease: $16.00/SQFT Op Cost: $5.33/SQFT Sale: $840,000
iman mogadam 604.721.6209 1295 sqr ft with 28 feet frontage exposure to marine dr. Newly Developed 'ivy' consists of 26 residential units atop of 4 retail units. The Commercial units enjoy 12 designated stalls in the back of the building. This particular unit is improved with 1 two piece handicapped accessible bathroom, and has one secure underground parking.
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A C C E N T U AT E T H E Q U A L I T Y T: 604.719.3827 | F: 604.569.0568 | www.primehood.com