VIRANI REAL ESTATE ADVISORS
SPRING 2009 UPDATE
Virani is Vancouver. Vancouver is Virani. 604.913.1000
WWW.VIRANIHOMES.COM
A d v i c e
o n
W i n t e r S n o w Da m a g e from
A
KATSURA LANDSCAPING Ltd.
fter the snow storms of December and January
many people will find their garden in a mess. Trees with broken branches, hedges toppled over, shrubs crushed from the weight of the snow. In order for the plants to regain their shape and form, they will need to be pruned to encourage new growth. Broken branches should be cut back to the point of origin and in some cases removed completely. Laurel hedges can be pruned back hard while Cedar hedges should be tied up with ArbourTie before pruning only green. Shrubs like Hydrangeas, Heathers, Spiraea and Potentilla benefit from Spring pruning. Most plants can withstand the winter weather, but need some care and attention in the Spring. Give us a call for a free estimate on a Spring cleanup.
KATSURA LANDSCAPING Ltd. Telephone: Email:
604-518-5661 info@katsuralandscaping.ca
Web:
www.katsuralandscaping.ca
For several years, Katsura Landscaping has done a wonderful job caring for our garden. From tree and flower planting to pruning, clean-up and hedge installation, (THEY) are great to work with, knowledgeable, reliable, hard-working and patient. Many neighbours' gardens have also benefited from their work, and I would highly recommend their year-round services for a beautiful garden. C.J. Mitchell, West Vancouver
Page Three
APRIL 2009 - After a slower start to 2009, we are seeing an increased level of activity in the real estate market. We attribute this to massive slashes in bank interest rates and confidence returning to lenders, sellers, buyers and investors starting to realise potential market opportunities.
In this electronic update of the Spring issue, you will see new listings that have just come on the market since February and note price adjustments by motivated sellers in this opportunistic market. Real estate is moving and we anticipate a busy year ahead.
I have just returned from a business trip to Europe. Our London office in Knightsbridge reports that interest is greater as investors turn their attention to our stronger economic market in Canada. We are seeing renewed global team work in Europe as markets pull together to consolidate assets and merge into mainstream funding.
Please feel free to call one of our Real Estate Advisors for a consultation.
VIRANI REAL ESTATE ADVISORS THE VILLAGE AT PARK ROYAL J4–925 MAIN STREET WEST VANCOUVER, BC V7T 2Z3 604.913.1000
Sincerely,
Karim Virani
KARIM VIRANI FOUNDER
CLAIRE GODFREY REAL ESTATE ADVISOR
LINDA CROWDER CLIENT CARE
® = Registered Trade Marks of Virani Real Estate Advisors
HANEEF VIRANI PARTNER
DAVID MATIRU REAL ESTATE ADVISOR
ARUN MASAND BUSINESS MANAGER
All prices in Canadian dollars unless otherwise noted.
FRANK KEARNEY MANAGING BROKER
MONICA VIRANI REAL ESTATE ADVISOR Cert no. SW-COC-002226
©2009 Virani Real Estate Advisors All rights reserved. This magazine and all the contents contained are protected by copyright law. It may not be reproduced, transmitted or stored in a retrival unit of any kind in whole or in part without the prior written permission of Virani Real Estate Advisors. This communication is not intended to cause or induce breach of existing agency agreements.
WEST VANCOUVER
3090 Spencer Dr.
2440 Halston Ct.
Gorgeous Altamont show home on a fully landscaped half acre lot. Quality workmanship through this 7,000 square foot home which exudes modern class and elegance and offers all the attributes of a true dream home. From the gourmet kitchen to the fabulous outdoor entertaining area this home emits a wonderful emotion. $5,288,000
Enjoy spectacular views from all 3 levels of this 3 year old home. Gourmet kitchen with Wolf and Sub Zero appliances, butler’s pantry and built in wine fridge. All bedrooms are complete with ensuited bathrooms including a luxurious master suite, guest/nanny accommodations on main level and 2 additional bedrooms below. $4,288,000
1080 Eyremount Dr.
4718 Woodvalley Pl.
Brand new on Eyremount Drive. This estate-like residence sits on an over 18,000 square foot lot of fully landscaped gardens containing an impressive water feature. The interior boasts rich finishings, gleaming hardwood floors, high end appliances, private and secure office with separate entrance and 10 year New Home Warranty. $3,988,000
Phenomenal Ocean views from this private paradise located at the end of a quiet cul-de-sac! Completely renovated in 2005 from the walls to electricity, plumbing and heating system. Spectacular outdoor living area with 2,300 square feet of hardwood decks, speakers and infinity pool built into the rock bed. $3,888,000
Altamont Estate
Elegant Living
4
Whitby Estates
Ultimate West Coast Living
VIRANI REAL ESTATE ADVISORS
FEATURE HOME
FEATURE HOME
3742 Marine Dr. West Vancouver Picturesque Ocean Setting
Endless water views from this rare 2 level waterfront residence. Completely updated throughout with extensive use of granite, stainless steel Sub Zero and Miele high end kitchen appliances and Kholer bathroom fixtures. Spacious master suite with adjoining office / sitting area, luxurious ensuite bathroom and huge walk-in closet and dressing room. Floor to ceiling windows and 2 open glass enclosed decks to appreciate the surrounding ocean. 2 car garage with additional parking and conveniently located close to Dundarave shops. $4,188,000
604.913.1000 WWW.VIRANIHOMES.COM
5
WEST VANCOUVER
2415 Hudson Ct.
740 Knockmaroon Rd.
Panoramic views from all 3 levels of this grand residence sitting on a large 1 acre lot. Gourmet Snaidero of Italy Kitchen with Miele and Sub Zero appliances. Total of 6 bedrooms and 8 bathrooms, luxurious master suite with massive walk in closet/dressing area and ensuite bathroom with freestanding deep soaker tub. $3,488,000
Spectacular ocean and city views from this British Properties home located on one of the best streets West Vancouver has to offer. A family suited floorplan on 3 levels and a generous sized private lot featuring an outdoor pool and hot tub. Close to Hollyburn Country Club, Capilano Golf Course and schools. $3,288,000
792 Southborough Dr.
3785 Bayridge Av.
Stunning brand new custom built 6 bedroom and den home located in the Lower British Properties. A 17,000 square foot lot and over 6,300 square feet on 3 spacious levels with open plan and high ceilings throughout. Top of the line fixtures and finishes plus 4 ensuited bedrooms, full wine cellar, and home theatre. $2,995,000
Open airy feeling throughout this 3 level, 6,100 sqft home sitting on a 17,000 sqft lot. Will feature expansive hardwood flooring, 10 ft vaulted ceilings, floor to ceiling windows, open kitchen and family room area leading to massive wrap around deck. Opportunity to customize finishing’s and colours. Completion set for early to mid April. $2,799,000
Rare Opportunity
Lower British Properties
6
Street of Dreams
Dream Home Under Construction
VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
3823 Marine Dr.
2163 Westhill Wy.
Semi waterfront beautifully appointed 7 bedroom residence with breathtaking ocean views. The interior boasts a gourmet kitchen with granite countertops and high end stainless steel Dacor and Subzero appliances. Master suite with luxurious ensuite bathroom and massive private deck showcasing the amazing views. Beautiful finishings throughout including oak hardwood floors and marble entrance. $2,388,000
Approx 5,800 sqft home quietly located at the end of a cul-de-sac on the North side of the street. Beautifully renovated kitchen featuring granite countertops, stainless steel appliances and separate wok kitchen. 5 bdrms including 4 bdrms up each with ensuite baths and 2 master bdrms. Massive entertainment decks, indoor pool, spa and sauna. $2,188,000
1574 Vinson Creek Rd.
1115 Millstream Rd.
Stunning ocean and city views from this completely updated family home on a quiet street in Chartwell. A total of 5,808 square feet of open living space on 2 levels with 6 bedrooms and 5 bathrooms. Large gourmet kitchen opens to the family room featuring a massive deck perfect for entertaining. $1,998,000
Unobstructed, panoramic views can be seen from this renovated home on North side of the street offering a rarely found 280 feet of frontage. This property offers huge development opportunity and can be an ideal spot for a gorgeous new home. Architects renderings for a custom designed home are available for viewing. $1,988,000
Luxurious Living
Ocean Views
Panoramic Views
New Listing!
Dazzling Views
604.913.1000 WWW.VIRANIHOMES.COM
7
FEATURE HOME
FEATURE HOME
655 Fairmile Rd. West Vancouver Entertainer’s Paradise
Rare 8,400 square foot residence sitting on over half an acre estate sized lot on the Golden Mile. Ocean and city views, rich finishing throughout including extensive use of granite and marble. Spacious principal rooms and large entertainment area below with dance floor and wet bar opening to a massive covered deck overlooking the impressive water fountain and landscaping. A built in barbeque, summer kitchen and cabana surround the outdoor pool and spa. Private gated driveway leading to a 5 car garage. A true dream home. $2,988,000
8
VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
510 Hadden Dr.
883 Fairmile Rd.
Pride of ownership shines throughout this 4 bedroom, 4 bathroom, 5,358 sq. ft home. Features include hardwood floors, over-sized rooms, southwest facing backyard, large patio off the kitchen and eating area for barbeques and a double garage off the flat driveway. Outdoor pool is a bonus in the sun-drenched, half acre lot. $1,790,000
This updated 6 bedroom home sits on a large, private 27,000 square foot estate property with 115 feet of frontage. New kitchen, new flooring, lighting, and bathrooms, paint and much more. A great holding property as is, or a great spot for a custom home. Architects renderings are available for proposed new home. $1,788,000
204-101 22nd St.
956 Taylor Pl.
Spectacular ocean views from this spacious, open plan waterfront suite. Large living areas and spacious ocean front terrace ideal for entertaining. The seawall at your door step and the central Dundarave location is close to shops, restaurants and recreation. Includes 2 parking stalls and 2 storage lockers. $1,749,000
Crafstman style, 5 bedroom home designed to the highest of standards with its rich cedar exterior. Top of the line fixtures and fittings throughout with great use of hardwood and stone. Great opportunity for in-laws or nanny accommodation. Gorgeous outdoor entertaining areas with mature landscaping. $1,699,000
Half Acre in British Properties
New Listing!
Carefree Lifestyle
Adjusted Price!
The Golden Mile
Brand New Craftsman Home
604.913.1000 WWW.VIRANIHOMES.COM
9
WEST VANCOUVER
945 15th St.
4655 Willow Creek Rd.
Absolutely breathtaking from the moment you enter this completely redesigned 4 bedroom contemporary home, set on an over 11,300 square foot lot. Behind the gorgeous Hardi-Panel garden wall, you will find a dazzling waterfall and reflecting pool that lead you to one of the most spectacular homes this area has to offer. $1,588,000
This 5 bedroom, 3.5 bath home is on one of Caulfeild’s great family streets and offers substantial renovations throughout all 3 levels. Everything from the engineered hardwood floors to brand new kitchen and baths has been re-done. A very modern feel offers tremendous privacy and tranquility overlooking the spectacular creek setting. $1,488,000
710 Greenwood Rd.
791 Southborough Dr.
Enjoy stunning views from this18,000 sqft property in a quiet British Properties location. Excellent opportunity for an investment or to build your dream home. Existing 2 level home in good condition offers 6 bedrooms and in-law accommodation. Very deceiving from street, you must get inside to appreciate the expansive view. $1,449,000
Wonderful opportunity to build your dream home on this almost half acre lot in a serene setting or bring your ideas and make the changes to this already well laid out home. Features include beautiful hardwood floors with inlay, extra large living room with wood burning fireplace, recently updated nanny suite and double garage. $1,399,000
Georgie Award Winner
Panoramic View Lot
10
Renovated Family Home
Opportunity Knocks
VIRANI REAL ESTATE ADVISORS
New Listing!
FEATURE HOME
FEATURE HOME
2668 Nelson Av. West Vancouver Custom Dundarave Home
Beautiful 6 bedroom, 7 bathroom home with ocean views! Located in sought-after Dundarave, this home features Maple hardwood floors, built in sound system and video entry. Kitchen features high-end Miele/Sub Zero appliances and granite counters and opens out to the family room with double-sided fireplace to formal dining. Downstairs features a 2nd kitchen, wine storage and walkout to the sunny, south-facing backyard. $2,599,000
604.913.1000 WWW.VIRANIHOMES.COM
11
WEST VANCOUVER
631 Kenwood Rd.
2228 Mathers Av.
2 level, 6 bedroom home in the British Properties. Features include recently updated bathrooms, updated flooring, stainless steel Miele, LG and Kitchen Aid appliances. Great layout with massive living room, 3 beds up and 2 below with potential for a 1 or 2 bed suite. Huge covered deck and fully fenced back yard great for entertaining. $1,399,000
Wonderful family home in a prime Dundarave location set on a sunny south facing lot. Enjoy lovely water views from the large deck off the living and dining area or above from the master bedroom balcony. A total of 5 bedrooms and 4 bathrooms, luxurious master suite with a 6 piece ensuite and spacious walk in closet. $1,388,000
5780 Telegraph Tr.
805 Andover Cr.
Beautiful semi-waterfront property overlooking Thunderbird Marina and West Vancouver Yacht Club. Excellent investment opportunity or build your dream home on this over half an acre lot in a private setting yet only minutes to Caufeild shopping centre, schools, trails and more. Topographical and concept map upon request. $1,299,000
Enjoy Mt. Baker, city and ocean views from your 6 bedroom, 3 bath, 3,887 square foot home! This bright home is situated on a quiet, family-friendly crescent with a flat north-facing back yard. Some of the features include vaulted ceilings, slate entrance, both north and south facing decks, 4 fireplaces and double garage. $1,299,000
Spacious Family Home
Dundarave Family Home
New Listing!
Semi-Waterfront
12
New Listing!
Family View Home
VIRANI REAL ESTATE ADVISORS
New Listing!
403-2108 Argyle Av.
653 Andover Pl.
Stunning ocean and city views from this totally renovated 2 bed, 2 bath in the sought after Navvy Jack West. Features include kitchen with granite counters, maple cabinets, stainless appliances, wide plank walnut floors, electric fireplace and heated slate floors in the bathrooms. Enjoy the convenient location near shops and the seawall. $1,295,000
Spectacular ocean and city view from this nicely updated 4 bedroom, 4 bathroom family home located at the end of a quiet cul de sac. Features beautiful hardwood floors, separate office/ studio space and 2 car garage. Three bedrooms up and one bedroom on main level perfect for guests or as a live- in nanny suite. $1,288,000
1690 Mathers Av.
1032 Esplanade Av.
Tastefully updated family home in Ambleside. Traditional floor plan, 3 bedrooms and office upstairs, spacious living areas on main level and open rec room below. Hardwood flooring and stylish updated bathrooms with stone tiles and contemporary fixtures. Features a beautiful private backyard oasis with glass enclosed decks. $1,249,000
Custom home designed by Mason Kent. Kitchen with stainless steel appliances opens to large formal living area. 2 bedroom in–law accommodation with separate entrance, and laundry. Features oak floors, built-in speakers, spacious deck and balconies and 2 car garage. Located steps to the beach and Park Royal Village. $1,075,000
Navvy Jack West - Like New
Ideal Location
Adjusted Price!
British Properties
Adjusted Price!
Lower Ambleside
Adjusted Price!
604.913.1000 WWW.VIRANIHOMES.COM
13
FEATURE HOME
FEATURE HOME
2695 Marine Dr. West Vancouver Dundarave Charmer
Charming Dundarave family home with stunning close-in ocean views. The interior has been updated and features engineered Red Oak flooring, a gourmet kitchen, granite countertops, high end stainless appliances and a spacious eating area. Huge formal living room opens through French doors to the fantastic outdoor entertainment space, large patio with gas hook up and fully landscaped very private fenced yard. Media and recreation room below with an additional 4th bedroom /office. Fantastic corner-lot steps to the beach and shopping. $1,485,000
Adjusted Price!
14
VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
106 Bonnymuir Dr.
4711 Woodside Pl.
Panoramic views of Grouse Mountain from this well kept 3 bedroom home on a spacious private lot. The kitchen and dining room open to a large deck overlooking the sunny and bright yard featuring an outdoor pool and hot tub‌ great for entertaining! Close to Capilano Golf Club, Collingwood Private School and Cleveland Dam hiking trails. $999,000
Nicely updated 4 bedroom, 3 bathroom home sitting on a totally sun filled 19,000 square foot property. This home boasts spacious main floor living with upgraded kitchen, new bathrooms, and new carpets. The floor plan offers 3 bedrooms on main level including master suite. Fabulous outdoor areas with swimming pool, hot tub, and level yard. $989,000
104 Glenmore Dr.
4119 Burkeridge Pl.
This tastefully updated 4 or 5 bedroom home offers gleaming maple hardwood floors, stainless and granite kitchen, dramatic vaulted ceilings, skylights and much more. Recently renovated throughout with a great floorplan for families and easy care lot for the busy professionals. Lower level is great for teens or in-laws. $988,000
Very private 4 bedroom home at the end of a cul de sac sitting on a large 13,564 square foot lot. Spacious master bedroom with sitting area and ensuite bathroom. Tons of potential. Bring your renovation ideas. Excellent property for building you dream home! Priced under assessed value. $788,000
Exceptional Value
Carefree Lifestyle
Entertainer’s Delight
Adjusted Price!
Private Setting
New Listing!
604.913.1000 WWW.VIRANIHOMES.COM
New Listing! 15
LUXURY HOME
2505 Chairlift Rd.
West Vancouver Chelsea Park's Finest
Stunning ocean views from this brand new 5 bedroom custom family home in Chelsea Park. Built to the highest of standards, open floor plan boasts gourmet kitchen with adjacent family room, eating area and large formal living room open to the huge covered deck showcasing the fantastic views. Built in speakers, coffered ceilings, crown moldings wainscoting and air conditioning. Luxurious master bedroom with 5 piece shower and deep jacuzzi tub with private water view. Below offers massive rec room with built-in wet bar, media room, and large guest / nanny quarters. Level driveway with 3 car garage access to main level. Ideal neighborhood only steps to Collingwood Private School. $2,599,000
16
VIRANI REAL ESTATE ADVISORS
17 LUXURY HOME
Profile
David Matiru
18
David Matiru brings diversity, class and dedication to Virani Real Estate Advisors. He is an excellent asset to this dynamic team, with his fresh perspective on sales and customer service, an easygoing nature and an ability to read people. Dave is well known in the community for his strong family ties and pleasant demeanour. He lives with his wife and two sons in North Vancouver, and they enjoy camping, hiking on the North Shore, and kayaking in Deep Cove. He also loves world travel and adventure, and his favourite destinations include Africa, Thailand and Croatia. Dave brings the same passion to your real estate needs as he dedicates to all aspects of his life.
VIRANI REAL ESTATE ADVISORS
NORTH VANCOUVER
4435 Sycamore Rd.
4811 Skyline Dr.
Custom Edgemont Village exclusive estate style residence built to the highest of standards. Beautiful finishes throughout include designer fixtures, commercial grade Viking appliances, spa like master ensuite with 2 way fireplace dividing the freestanding soaker tub. Features a custom wine cellar and a bright legal suite. A flawless blend of contemporary and traditional architecture. No GST! $1,999,000
One of North Vancouver’s finest homes offering boasting views of city, ocean and Vancouver Island. This exceptional new residence is in a league of its own and has been built with great attention to detail. Fantastic design with 4 large bdrms upstairs all with private baths, 2 grand masters with spectacular views and a 2 bdrm legal suite. $1,998,000
4089 Sunnycrest Dr.
2302-188 E. Esplanade St.
Offering this distinguished custom built residence designed with style, elegance and high end contemporary flair. The home is located in one of the nicest neighbourhoods and is set on a private sundrenched lot close to Edgemont Village and numerous schools. Features include a grand open plan, gourmet kitchen with stainless steel appliances, 12 foot ceilings, extensive millwork and well appointed bedrooms. $1,799,000
The Pinnacle of The Pier development, this stunning two-level, 1800 sqft Penthouse offers dramatic views of Vancouver’s harbor, city lights and beautiful mountain views. Boasting 1185 sqft of private patio space, 3 view capturing bedrooms, a den, 3 bathrooms and 2 secure parking this is truly an exclusive opportunity. $1,699,000
Exclusive Edgemont Residence
Contemporary Masterpiece
Adjusted Price!
Luxury in Canyon Heights
Adjusted Price!
Spectacular Two Level Penthouse
Adjusted Price!
604.913.1000 WWW.VIRANIHOMES.COM
19
NORTH VANCOUVER
326 East 19th St.
535 East 12th St.
Fall in love with this craftsman home, built to the highest standards and offering exceptional elegance. The backyard offers views of the mountains and creates an ideal setting for entertaining and family life. This home features 4 bedrooms all ensuited, an open kitchen and living area, a 2 bed in-law suite and much more. $1,599,000
Don’t miss this eagerly anticipated Grand Boulevard show home. Resting on a large, level lot, the design of this home and finishing has been carefully planned to stand out among the crowd. Beautiful granite, hardwood flooring, custom cabinetry and the flexibility of grand open living areas make this residence a must see. $1,599,000
333 West 15th St.
920 Beaumont Dr.
Eagerly anticipated luxury residence in Central Lonsdale’s view corridor.This stunning 5 bedroom craftsman home offers mountain and city views, meticulous architectural design and lavish attention to detail. Additionally offering a wine room, theatre room, and the flexibility of a bright in-law accommodation. $1,469,000
Immaculately maintained 5 year old, 4 bedroom home on one of Edgemont’s finer streets! Modern fixtures and finishing’s throughout, economical Geothermal heating and air conditioning system plus air purifier. Other features include hardwood floors, 9 ft ceilings, oversized mouldings, stainless appliances and home theatre room. $1,399,000
Elegance Throughout
Central Lonsdale Luxury Home
20
Grand Boulevard Show Home
Edgemont Family Home
VIRANI REAL ESTATE ADVISORS
New Listing!
FEATURE HOME
FEATURE HOME
318 West 28th St. North Vancouver Contemporary Design
Featuring 2,000 square feet of completely re-designed living space this home offers contemporary style blended seamlessly with traditional features. A full architectural renovation has created a beautiful entertainers' layout with open kitchen and living spaces and ample patio / deck space. Boasting high-end finishings, both gas and wood burning fireplaces, 3 bedrooms upstairs and a quiet central location, this home must be seen. $959,000
604.913.1000 WWW.VIRANIHOMES.COM
21
NORTH VANCOUVER
347 East 17th St.
4316 Capilano Rd.
High-end style, quality and detailed design are showcased in this incredible home. The gorgeous 6 bed, 2 level home offers 2 legal living areas with great flexibility. The lavish design boasts features such as granite counters, stainless kitchens, engineered hardwood flooring and a large South facing lot. $1,149,000
Contemporary design converges seamlessly with elegant luxury at this award winning designer’s private residence. Meticulous detail is showcased in this impeccable 3 bedroom home boasting heated kitchen and bathroom floors, silestone counter tops, custom-built cabinetry, Jenn-Air appliances and an oversized Bertazzoni Italian gas range. $1,048,000
1303-1320 Chesterfield Av.
215 West Kings Rd.
Boasting views and an unparalleled location are offered from this 2 bedroom and den. Located in the most sought-after tower of Vista Place, it is no wonder this was the FIRST unit sold in the pre-sale. Ultra modern finishings, hardwood floors, superior floor plan and panoramic views make this one of the most desirable places to own. $948,000
Tastefully remodelled 2 level Upper Lonsdale home boasting southwest views to Downtown and city lights. Interior decorator inspired upgrades include hardwood floors, California shutters, crown mouldings and baseboards, custom build-ins and designer paint colours. The home offers great flexibility with 4 bedrooms or as is 3 bedrooms plus home theatre/family room. $899,000
Luxury Duplex Style Home
Views, Views, Views
22
Ultra Modern Post and Beam
New Listing!
Designer Flair in Upper Lonsdale
VIRANI REAL ESTATE ADVISORS
NORTH VANCOUVER
280 Holyrood Rd.
429 East 11th St.
This 4 bedroom, 2 level home is set on a magnificent 8,300 square foot lot in prime Marlborough Heights location! Numerous updates over the years including refinished floors, upgraded kitchen and baths, new exterior paint, gorgeous landscaping with Palm Trees and very private backyard plus fantastic entertainment decks. $829,900
This immaculate family home rests on a beautifully manicured 7300 sqft lot in the heart of Central Lonsdale. Offering 4 bedrooms, the flexibility of two kitchens and plenty of entertaining space, this home is ready to suit the needs of any family. An incredibly well maintained family home in one of the greatest areas of Vancouver. $828,000
2029 Larson Rd.
721 Wellington Dr.
Newer 5/6 bedroom Noort home renovated and in mint condition with open kitchen and dining room, custom cabinetry, professional paint and a large 2 bed legal suite. West facing back yard, large deck with mountain, water views and 2 car garage. Close to some of the best North Shore schools, Capilano Mall and numerous parks and trails. $799,000
Don’t miss this incredible opportunity to live in the desired neighborhood of Princess Park. This home is extremely private, has a large south facing yard, backs onto a greenbelt and is perfect for family life and entertaining. In close proximity to schools, shopping, numerous trails and parks this home is a must see. $789,000
Sun-Filled Property
New Listing!
Central Lonsdale Charmer
Adjusted Price!
Exceptional Princess Park Home
Quality Built By Noort
New Listing!
Adjusted Price!
604.913.1000 WWW.VIRANIHOMES.COM
23
101-3383 Capilano Cr.
3 Units on Sunnyhurst Rd.
This 2 bedroom and den is conveniently located close to Edgemont Village and just steps away from all the North Shore has to offer. Features include a bright spacious floor plan, gas fireplace, large private patio area, 2 parking spots and tons of storage. Call for a private viewing. $649,000
Welcome to Eaglelynn, a selection of custom crafted finely detailed half duplex and townhome units, centrally located close to all of Lynn Valleys amenities. With quality finishing’s throughout, these 3 level homes offer a fantastic open floor plan, Canadian maple hardwood floors, granite counters, gas fireplaces and much more. From $649,000
One-Level-Living at its Best
Gone!ÂŽ
Trendy New Homes
New Listing!
1261 Chamberlain Dr.
708-188 East Esplanade St.
Ideal south facing 6800 square foot lot with mature landscaping located on a quiet cul-de-sac in the heart of Lynn Valley. Great holding/rental property or build your dream home in this vibrant family oriented neighborhood close to great schools, shopping and terrific recreation. $625,000
A spectacular 2 bedroom unit with northwest exposure and beautiful views from your own private patio. With open kitchen and living space, full granite counter with gas stove, in-suite laundry and cozy fireplace this home is a must see. Enjoy Lower Lonsdale lifestyle with the Market and fine grocers steps from your door. $599,000
Ideal Lynn Valley Lot
Adjusted Price! 24
Gorgeous Southern City Views
VIRANI REAL ESTATE ADVISORS
NORTH VANCOUVER
405-124 West 1st St.
33-728 West 14th St.
Graciously updated 2 bed, 2 full bath apartment in trendy lower Lonsdale. This beautiful 981 sqft. home features modern kitchen with updated cabinetry, stainless appliances and granite counters. Designer colors and lighting throughout, beautiful gas fireplace, spacious balcony and a unique outlook featuring both water and lush courtyard views. $539,000
2 level townhome with open living spaces, high end finishings and quality craftsmanship. Modern kitchen with granite counters, stainless steel appliances and custom cabinetry. The room flows seamlessly into an open living and dining area with a feature fireplace and concrete mantle. 2 large bedrooms and a large private fenced patio. $499,000
208-122 East 3rd St.
101-270 West 1st St.
Over 800 square feet of living space featuring one bedroom, two bathrooms and huge, tranquil private patio with separate gated entrance. This property features high-end finishings, and boasts hardwood floors, gas fireplace, and a beautiful kitchen with stainless appliances. $325,000 速
This nicely updated 1 bedroom unit features dark laminate floors, a recently updated kitchen, spacious 700 sq ft floor plan, and loads of in-suite storage or home office space. In addition to a large private patio, this home offers secure parking and storage locker, and is close to all that Lower Lonsdale has to offer. $259,000
Lower Lonsdale Living
Adjusted Price!
Large Private Patio
Gone!
Spectacular Townhome
Renovated Patio Suite
604.913.1000 WWW.VIRANIHOMES.COM
25
VANCOUVER
Assignment-W. Pender Pl.
201-1280 Richards St.
Spacious 2,030 square foot luxury suite. Only 2 suites on floor, open plan with 2 bedrooms, 3 bathrooms. Kitchen by Dada of Italy with high performance Gaggenau appliances and Sub Zero fridge. Fully air conditioned and entertainment sized balcony. Amenities include a rooftop terrace, lounge, pool and state-of-the-art gym. $3,300,000
Luxurious and stylish two bedroom residence opening onto a street level piazza. 1500 square feet designed and built to international standards of urban life. Award winning gardens and obsessive attention to detail. This is the city’s most architecturally inspired building in the most vibrant neighborhood. $1,488,000
2503-638 Beach Cr.
3008-1239 W. Georgia St.
Spacious high floor 3 bedroom and den suite at The Icon. Expansive windows showcase the fabulous views and can be enjoyed from the spacious balcony with gas hookup. High-end finishings, over-height ceilings, air conditioning and 2 parking stalls. Benefit from the spa-like amenities as a member of Club Oasis. Incredible value only steps to the seawall and beach. $1,299,000
Panoramic views overlooking Coal Habour, Stanley Park and Lions Gate Bridge from this luxurious suite at The Venus. 1,767 sqft open floor plan with 3 bdrms (all with ensuites) and 4 baths. Features floor to ceiling windows, Brazilian cherry wood floors, stainless steel appliances, granite countertops and 2 parking stalls. $1,299,000
Coal Harbour Living
Incredible Value
26
Sophistication and Style
The Best of Downtown Living
VIRANI REAL ESTATE ADVISORS
VANCOUVER
PH3 - 1082 Seymour St.
Assignment 3006 Espana
Enjoy penthouse living in Freesia! Features of this 2 level, 2 bed, 3 bath, 1435 square foot suite include 4 fabulous decks with city and mountain views and 2 large bedrooms both with ensuites. The building offers concierge, exercise and meeting room. Enjoy all the conveniences of downtown living right outside your door. $688,000
Wonderful opportunity to purchase a 2 bedroom, 2 bathroom, 865 square foot condo at the Espana! Dynamic neighborhood with shopping, parks, theatres, Skytrain and restaurants all at your door step. With views from your private deck and wonderful finishings throughout, you will love the lifestyle in this premier complex. $539,900
605-33 West Pender St.
309-888 West 13th Av.
Unique loft style Gastown apartment! Over 750 Square Feet of open living space with top of the line finishings. 10 foot ceilings throughout , premium Kitchen Aid appliances, gorgeous bathroom with separate frameless glass shower and rain shower head. Convenient location within walking distance to Vancouver’s finest dining, entertainment and shopping districts. $448,000
Completely updated 2 bedroom, 2 bathroom corner unit! Renovations include designer paint, stainless appliances, upgraded baths and kitchen. Enjoy the bright NW exposure from your deck, and cold winter nights in front of your wood burning fireplace. This suite is conveniently located close to VGH, and City Square shopping. $399,000 ÂŽ
Penthouse 'Sweet'
New Listing!
Trendy Gastown
Award Winning Henderson Developments
Professionally Renovated, Ideal Location
604.913.1000 WWW.VIRANIHOMES.COM
Gone!
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FEATURE HOME
FEATURE HOME
602-499 Drake St. Vancouver
Luxurious Living. Vibrant Neighbourhood.
“The Grace” – this spacious and elegant suite offers over 1260 sq. ft in one of the most iconic buildings in Vancouver. Enjoy open concept living in your beautifully appointed 2 bedroom, 2 bath suite. Exceptional finishings include cherry wood and travertine tile floors, high ceilings, crown mouldings, and a cozy double-sided fireplace shared by the living room and master bedroom. The master bedroom has a spa-like ensuite with NuHeat floors and the 2nd bedroom would be perfect as an office or guest room. Enjoy luxurious living with direct elevator access to your suite, fingerprint security system, 2 parking spots and in-suite storage. Building amenities include concierge, limousine access, recreation and fitness facility as well as meeting gallery and children’s play area. Don’t miss this opportunity to live in one of the most architecturally important buildings of the city and most vibrant neighborhoods. $999,000
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VIRANI REAL ESTATE ADVISORS
Market Watch
JANUARY 2008 VS JANUARY 2009 1 Year Comparison by Category Year 2001 average = 100
Home listings withdraw as sales volume slows “Home sales and consumer confidence are at a low point at the moment, but the long-term strength and security of our housing market are beyond the reach of the economic clouds of today,” Dave Watt, REBGV president said. “Today’s short-term conditions are creating long-term opportunities. Buying opportunities have not been this strong in a decade, with low interest rates, broad selection and more affordable prices,” Watt said. VANCOUVER, B.C. – Tuesday, February 3, 2009 - The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s. New listings for detached, attached and apartment properties declined 20.9 per cent to 3,700 in January 2009 compared to January 2008, when 4,675 new units were listed. Total active listings in Greater Vancouver currently sit at 13,966, down nearly 6,000 listings from October 2008. Overall residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 10.9 per cent to $489,007 between Januarys 2008 and 2009.
The benchmark price for detached properties declined 11.2 per cent to $659,638 in January 2009 compared to $742,490 January 2008. Sales of apartment properties in January 2009 declined 58 per cent to 361, compared to 860 sales in January 2008. The benchmark price of an apartment property declined 11.6 per cent to $334,602 compared to $378,336 in January 2008.
January 2008 January 2009
DECEMBER 2008 VS JANUARY 2009 Year 2001 average = 100
Attached property sales in January 2009 were down 65.7 per cent to 109, compared with the 318 sales in January 2008. The benchmark price of an attached unit declined 8.1 per cent to $425,309 compared to $462,627 in January 2008.
Sales of detached properties declined 54.4 per cent to 292 from the 641 detached sales recorded during the same period in 2008.
Greater Vancouver MLS Housing Price Index Area
Benchmark Price Range Price
3 Month Avg Price Index Benchmark
1 Year Change
3 Year Change
5 Year Change
DETACHED Greater Vancouver North Vancouver West Vancouver
$659,638 $783,339 $1,166,637
1.7% 4.9% 8.6%
$658,195 $753,502 $1,206,406
194.8 195.7 171.9
-11.2 -13.3 -21.7
12.9 9.0 3.5
48.5 40.3 30.1
ATTACHED Greater Vancouver North Vancouver West Vancouver
$425,309 $536,610 N/A
1.6% 7.0% N/A
$424,978 $529,500 N/A
206.3 210.0 N/A
-8.1 -9.3 N/A
19.3 15.8 N/A
56.4 15.9 N/A
APARTMENT Greater Vancouver North Vancouver West Vancouver
$334,602 $320,826 $500,073
1.0% 3.7% 13.8%
$336,731 $328,745 $538,092
217.7 204.1 179.4
-11.6 -15.7 -20.3
16.1 7.7 4.4
56.7 41.8 17.9
December 2008 January 2009
JANUARY 2009 VS JANUARY 2008 % of change from previous year
HOW TO READ THE TABLE BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. PRICE RANGE: Expresed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the interval. PRICE INDEX: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. All indexes equal 100 in June 2001 Key: * = Sales sample too small; Price information not reported.
VIRANI REAL ESTATE ADVISORS
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Virani is Vancouver. Vancouver is Virani.
Our vision is to be “The Most Admired Real Estate Company In One Of The World’s Most Admired Cities.” Admired for the high regard we have for everyone we come in contact with. Admired for our ideals and for our inventiveness. Admired for our alwaysenthusiastic attention to detail and the completeness of the range of services we provide. And admired too for support of the community we serve. Our entire focus is on the City of Vancouver. Many places will catch your eye. Vancouver is one of the world’s few great cities that also catch your heart. We’re proud to be part of it.