VIRANI REAL ESTATE ADVISORS
FALL 2009
Virani is Vancouver. Vancouver is Virani. 604.913.1000
WWW.VIRANIHOMES.COM
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2240 CHIPPENDALE RD. WEST VANCOUVER, 604-925-7595 FRAICHERESTAURANT.CA
Page Three
SEPTEMBER 2009 - When the Real Estate Board of Greater Vancouver released the sales statistics for the month of July 2009, we were pleasantly surprised as the number of residential property sales showed the highest volume of sales ever recorded for the month of July. These results showed a large improvement from Fall 2008 to Summer 2009, and we are seeing signs of recovery in home prices. Low interest rates, condominium price reductions and first-time buyer activity, all contributed to the above results.
Our company's markets continue to strengthen and with lower listing inventories, owners have more opportunities to sell. We can help our clients achieve their real estate goals, minimize risks and build real estate investments. Please feel free to call one of our Real Estate Advisors for a consultation.
Sincerely,
Karim Virani
VIRANI REAL ESTATE ADVISORS THE VILLAGE AT PARK ROYAL J4–925 MAIN STREET WEST VANCOUVER, BC V7T 2Z3 604.913.1000
KARIM VIRANI FOUNDER
CLAIRE GODFREY REAL ESTATE ADVISOR
MONICA VIRANI REAL ESTATE ADVISOR
HANEEF VIRANI PARTNER
DAVID MATIRU REAL ESTATE ADVISOR
LINDA CROWDER CLIENT CARE
FRANK KEARNEY MANAGING BROKER
ALYSSA WIGGINS REAL ESTATE ADVISOR
ARUN MASAND BUSINESS MANAGER
® = Registered Trade Marks of Virani Real Estate Advisors All prices in Canadian dollars unless otherwise noted.
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
4642 Clovelly Wk.
3742 Marine Dr.
Exquisite attention to detail. Covering approximately 8,000 square feet. A country lane entrance to this private estate sets the tone for this very luxurious offering. All the modern conveniences including a triple garage, gourmet kitchen, wine cellar, theatre room, outdoor swimming pool, expansive decks and 6 bedrooms. Call for further details. Price On Application
Endless water views from this rare 2 level waterfront home. 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, huge walk-in closet and dressing room. $4,188,000
1335 Camridge Rd.
3160 Benbow Rd.
Linda Burger custom designed home that exudes style and emphasizes functionality and elegance. Built-in craftsman millwork and magnificent stone fireplaces complement the grand ceilings that soar above opulent indoor and outdoor living. Your private oasis offers stunning panoramas of the Vancouver cityscape and the tranquil ocean views which are enjoyed from the south facing sun drenched pool and patio. $3,875,000
Absolutely stunning ocean views from this completely remodeled home. Enjoy nearly 6,000 square feet of luxurious living, tasteful and contemporary design. Features include extensive custom millwork throughout, gourmet kitchen, private study, nanny accommodations, guest suite, outdoor swimming pool, home theatre room and triple garage. A truly fabulous home. $3,395,000
Brand New Estate
One Level
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Picturesque Ocean Setting
Terrific Views
VIRANI REAL ESTATE ADVISORS
FEATURE HOME
FEATURE HOME
3090 Spencer Dr. West Vancouver Altamont Show Home
Quality workmanship throughout this Gorgeous Altamont estate home. A total of 6,783 square feet of living space exuding modern class and elegance. Large open kitchen with commercial grade Viking appliances and spacious formal living and dining areas. Luxurious master suite with ocean views, two-way gas fireplace to the ensuite, private sitting room and large walk in closet. Media room, wet bar, massive wine cellar, and guest/nanny accommodation below! Fabulous outdoor entertainment area featuring a pool, spa, fireplace, and putting green all on a fully landscaped, level half-acre gated lot with an estate private drive. A true dream home. $4,879,000
604.913.1000 WWW.VIRANIHOMES.COM
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WEST VANCOUVER
2950 Altamont Cr.
1482 Chippendale Rd.
Great city and ocean view from this private Altamont Estate. A fantastic entertainers home with expansive sundrenched decks and mature gardens. West coast architectural flavors with dramatic vaulted ceilings. Numerous updates boasting a luxurious master bedroom suite, huge rec room, guest accommodations with separate entrance, indoor swimming pool and spa. A truly magnificent offering. $3,188,000
Custom Italian Villa style home in Chartwell with panoramic views of the ocean and city. Gourmet kitchen with Sub Zero fridge and Miele and Viking appliances. Huge master bedroom suite with sitting area, gas fireplace, walk in closet and a luxurious ensuite bathroom. Home office, hardwood floors, air conditioning, level south facing backyard and 3 car garage. $2,998,000
655 Fairmile Rd.
2415 Hudson Ct.
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. $2,988,000 速
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. Level estate driveway with 3 car garage. $2,990,000 速
Private Estate
Chartwell View Home
Entertainer's Paradise
Rare Opportunity
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VIRANI REAL ESTATE ADVISORS
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WEST VANCOUVER
3785 Bayridge Av.
1755 29th St.
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 fall. $2,888,000
Prime Altamont Location. Fabulous 3 level, 6 bedroom, 7 bathroom family home that boasts high ceilings, slate floors, gourmet sized kitchen and large basement for casual entertaining. Features Smart Wiring system and a separate triple garage plus storage. Flat landscaped backyard offers tremendous privacy and tranquility. $2,850,000
2505 Chairlift Rd.
2396 Westhill Dr.
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 molding, wainscoting and air conditioning. ® $2,599,000
Rarely available home in highly sought after Westhill with breathtaking views of the water, Stanley Park and Lions Gate Bridge. Spacious living areas and expansive decks create an ideal entertaining space. 4 bedrooms up all with ensuite bathrooms including a huge master with a 7 piece luxurious ensuite. Rec room and large den below leading out to pool. $2,288,000 ®
Dream Home Under Construction
Chelsea Parks Finest
Prime Altamont Location
Panoramic Views
Gone!
604.913.1000 WWW.VIRANIHOMES.COM
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FEATURE HOME
FEATURE HOME
1379 Chartwell Dr. West Vancouver Chartwell Dream Home
Gorgeous city and ocean views from this 2 year old custom home boasting 3 levels of exquisite living with the highest standard of finishings throughout. Step inside to appreciate the custom details including antique finished maple cabinets, beautiful Carrera marble countertops in the kitchen, solid oak hardwood, 9' coffered ceilings in the formal living room and 4 distinctly unique gas fireplaces. All 6 bedrooms have ensuite bathrooms and the luxurious master suite features an ensuite with travertine tiles, steam shower, wall jets rain shower and overflow massage tub with views of the ocean. From the media room and custom Trasolini outdoor pool to the wine room and the heated driveway nothing has been overlooked in making sure this home provides all the qualities of a true dream home. $3,988,000
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VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
2668 Nelson Av.
2163 Westhill Wd.
Beautiful 6 bedroom, 7 bathroom home with ocean views. 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 walk-out to the sunny, south-facing backyard. $2,499,000
Approx 5,800 sqft home quietly located at the end of a culde-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 速
1581 Pinecrest Dr.
1574 Vinson Creek Rd.
Immaculately maintained 6 bedroom, 8 bathroom 5,554 square foot home in Canterbury Estates with stunning views of the ocean and city. Features massive sized principal rooms, hardwood floors, 7 zone radiant heat, indoor pool and spa, large recreation / family room and plenty of room for entertaining. $1,999,000 速
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 friends and family. $1,998,000 速
Custom Dundarave Home
Lower Westhill Cul-De-Sac
Canterbury Luxury Home
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Panoramic Views
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WEST VANCOUVER
2780 Rosebery Av.
1477 Chartwell Dr.
Staggering city and ocean views from this one owner custom built home located on a quiet Upper Dundarave cul-de-sac. This home was built way ahead of its time and therefore still shows like new. The quality of materials and workmanship is to the highest of standards. $1,998,000 速
Stunning panoramic views from this 2 level home in Chartwell. Spacious formal living, dining and family room on main level and rec room below - ideal for entertaining. 4 bedrooms, 4 bathrooms including a spacious master suite with private balcony. Features include hardwood floors throughout, updated kitchen with granite countertops and a 2 car garage. Great lot in this fantastic location. $1,849,000
1175 Sutton Pl.
890 King Georges Wy.
Stunning 2 level contemporary masterpiece completely rebuilt in 2005 by Peter Cardew Architects. A dream home for entertainers; the home boasts a custom kitchen with high end Wolf and Sub Zero appliances, polished concrete floors and radiant in floor heating. Floor to ceiling windows and sliding glass doors create an effortless flow to the fantastic outdoor living space. 速 $1,789,000
Updated family home on prestigious King Georges Way in the British Properties with fantastic Ocean and Stanley Park views. Sitting on a large 19,602 square foot beautifully landscaped lot with a south facing level backyard and large sundeck. 5 bedrooms and 4 bathrooms and spacious lower level with suite potential. $1,599,000 速
Contemporary Elegance
Fabulous View Property
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Ultra Modern
Classic British Properties
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VIRANI REAL ESTATE ADVISORS
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FEATURE HOME
FEATURE HOME
1501-2240 Bellevue Av. West Vancouver 3 Bedroom Waterfront Living
Rarely available 3 bedroom, over 2,000 square foot waterfront 1 level suite boasting 360 degree views. This solid concrete building offers unique one suite per floor living and is conveniently located close to shopping, the beach and West Vancouver Recreation Centre. The suite has been extremely well maintained and offers numerous updates throughout. An open living space welcomes you and leads you to the large open balcony overlooking Burrard inlet and downtown Vancouver. This most sought after location on the Bellevue strip is ideal for those down-sizing or the perfect no-hassle residence. $2,798,000
604.913.1000 WWW.VIRANIHOMES.COM
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WEST VANCOUVER
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 速
721 Southborough Dr.
2392 Constantine Pl.
This spacious 4 bedroom 1 level family home features ocean and city views to be enjoyed from the entertainment sized terraces. Extensive renovations include brand new limestone kitchen countertops, European hardwood floors and teak windows. Sitting on over half an acre lot with beautifully manicured gardens and a huge private backyard. $1,599,000 速
Spectacular City and ocean views from this 14,126 square foot lot allows you the opportunity to build your dream house with the complete architectural drawings by renowned architects FNDA, build an over 5,000 square foot home on 3 levels with 4 bedrooms and 6 bathrooms. In close proximity to all that West Vancouver has to offer. $1,588,000 速
Carefree Living
Brand New Craftsman Home
Lower British Properties
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Stunning View Lot
VIRANI REAL ESTATE ADVISORS
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WEST VANCOUVER
2228 Mathers Av.
744 Eyremount Dr.
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 速
Spectacular 0.45 acre view property on the lower part of Eyremount Drive. This sundrenched home offers intimate views to Downtown Vancouver, sprawling lawns, outdoor swimming pool and the perfect spot to build your dream home. The property is conveniently located within walking distance to high schools and Hollyburn Country Club. $1,369,000 速
631 Kenwood Rd.
378 Hidhurst Pl.
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 bedroom up and 2 below with potential for a 1 or 2 bedroom suite. Huge covered deck and fully fenced back yard is great for entertaining. $1,299,000
Over 18,000 square foot property backing on to the 10th fairway of Capilano Golf Club. A rarely offered private home on a quiet cul-de-sac in the lower British Properties offering a 2,315 square foot 3 bedroom and den rancher. This home boasts an open living area overlooking the large outdoor swimming pool and golf course views. $1,299,000 速
Dundarave Family Home
Large View Property
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Spacious Family Home
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Golf Course View
604.913.1000 WWW.VIRANIHOMES.COM
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FEATURE HOME
FEATURE HOME
716 Parkside Rd. West Vancouver Architecturally Stunning
Gorgeous home set on over half an acre private lot in the lower British Properties. Huge entertainment sized living and dining rooms, chef's kitchen with professional Thermador Stove and Traulsen fridge. Features floor to ceiling windows, vaulted ceilings, skylights, hardwood floors and air conditioning. Large patio to enjoy the beautiful mature gardens and professional landscaping. Easy use driveway and a great location close to Capilano Golf Course, Hollyburn Country Club and Collingwood Private School. $1,799,000
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VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
403-2108 Argyle Av.
1690 Mathers Av.
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 速
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 速
653 Andover Pl.
805 Andover Cr.
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. 3 bedrooms up and 1 bedroom on main level is perfect for guests or as a live-in nanny suite. $1,249,000 速
Enjoy Mt. Baker, city and ocean views from this 6 bedroom, 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. $1,190,000
Navvy Jack West - Like New
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British Properties
Ideal Location
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Family View Home
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604.913.1000 WWW.VIRANIHOMES.COM
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LUXURY HOME
6275 St. Georges Cr.
West Vancouver
Contemporary Residence Offers Spectacular Ocean and Island Views
A truly sensational contemporary home situated on a spectacular view property in the most sought after Gleneagles area. Located close to the ocean and marinas and only a short walk to Gleneagles Golf Course. Offering a dramatic open floor plan with floor to ceiling windows that completely open to outdoor patios waterfalls & a gorgeous negative edge swimming pool. The outdoor area features a large fireplace for summer entertaining. For those who appreciate the finest quality of finishings, this home is sure to please. The Gourmet Chef's Kitchen and stunning Master Suite are simply outstanding and must be seen to be appreciated. Other features include: 2 full Guest Bedrooms, a full Home Theatre room, Private Study, Zinc Roof, Gated Entry, fully integrated audio and security system, electric blinds throughout. The property is beautifully landscaped with extensive water features and fully gated. $5,950,000
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VIRANI REAL ESTATE ADVISORS
17 LUXURY HOME
Profile
Haneef Virani
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As Partner at Virani Real Estate Advisors, Haneef Virani draws on his life long knowledge of the North Shore and decades of experience in the service industry. Haneef's success is attributed to his keen listening skills and demand for his client's happiness in every transaction. Being part of a successful team for 15 consecutive years, he assures that the service level and negotiating skills are unsurpassed. A proud father, soccer and hockey fan, understanding a family's needs comes naturally to Haneef. Specializing in West Vancouver architectural homes and new construction, Haneef ranks in the top West Vancouver real estate teams every year.
VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
374 Rabbit Ln.
4711 Woodside Pl.
Your chance to build your dream home. Private level back yard great for kids and entertaining and within walking distance to Capilano Golf Course. Kingsley Lo has designed a custom home with over 6,000 square feet of living space. Plans available to qualified buyers. $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.
346 Moyne Dr.
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 / or an easy-care lot for busy professionals. Lower level is great for teens or in-laws. $899,000 ®
Beautifully updated 1 level home in the British Properties located on a quiet cul-de sac. Well laid out with 5 bedrooms, 3 bathrooms, formal dining room, living room and family room. Features a new kitchen with stainless steel appliances and breakfast bar. Massive private backyard oasis with patio, mature gardens, pond and fountain. Level driveway with ample parking is a bonus. $899,000
Great Value In British Properties
Carefree Lifestyle
Entertainer’s Delight
Gone!
Easy Living
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604.913.1000 WWW.VIRANIHOMES.COM
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FEATURE HOME
FEATURE HOME
221 West Osborne Rd. North Vancouver
One of Upper Lonsdale's Finest Homes
This special residence offers exceptional custom finishes that put it in a league of its own. No detail has been spared and you will definitely notice the difference achieved with a sensational open design and great attention to detail. Features include extensive use of echo wood in the kitchen and media room, Caesarstone countertops, custom cabinetry, stainless appliances, designer lighting and sound system on all 3 levels. Don't miss the spectacular master bedroom with a large deck, views of the Lions Gate Bridge and a fabulous bath including jacuzzi tub and steam shower. This is a unique opportunity to own this perfect home situated in one of the most sought after locations in Upper Lonsdale and close to some of the best schools and parks the North Shore offers. $1,599,000
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VIRANI REAL ESTATE ADVISORS
NORTH VANCOUVER
907 Wavertree Rd.
683 Sylvan Av.
Spectacular brand new custom built 5 bedroom home located in the heart of Forest Hills. This residence boasts over 5,000 square feet on 3 spacious levels and is located on a bright flat lot. From the moment you step into the house the high ceilings, custom woodwork, Brazilian cherry hardwood floors, well laid out floor plan and gourmet kitchen. $1,888,000 ÂŽ
PARAMAX Homes offers this distinguished custom build designed with great attention to detail, style and elegance. Here is your chance to buy what will be another fabulous house. The home offers great views of the city and water and boasts approximately 4600 square feet on 3 spacious levels, 5 bedrooms, great recreation / games room, media room and much more. Details available to qualified buyers. $1,888,000
4435 Sycamore Rd.
2302-188 E. Esplanade St.
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 potential suite. A flawless blend of contemporary and traditional architecture and design. $1,799,000
The Pinnacle of The Pier development, this stunning twolevel, 1,800 square foot Penthouse offers dramatic views of Vancouver’s harbor, city lights and beautiful mountain views. Boasting 1,185 square feet of private patio space, 3 view capturing bedrooms, a den, 3 bathrooms and 2 secure parking stalls. This is truly an exclusive opportunity. $1,588,000
Forest Hills Exquisite Home
Edgemont New Construction
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Exclusive Edgemont Residence
Spectacular Two Level Penthouse
604.913.1000 WWW.VIRANIHOMES.COM
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NORTH VANCOUVER
4316 Capilano Rd.
168 West Balmoral Rd.
Contemporary design converges seamlessly with elegant luxury at this award winning designers private residence. Meticulous detail and high end finishing is showcased in this impeccable 3 bedroom home boasting heated kitchen and bathroom floors, beautiful silestone counter tops, custom-built cabinetry, JennAir appliances and an oversized Bertazzoni Italian gas range. $1,048,000 速
Discover this stunning Upper Lonsdale home offering fabulous views of the Vancouver city, Lions Gate Bridge and Vancouver Island. Located on one of the most sought after cul-de-sacs and backing onto Rockland Park this is a great family home or an entertainers dream. Features include a nice open concept living space, great kitchen, huge deck and master bedroom with stunning views. 速 $949,000
318 West 28th St.
680 Blueridge Av.
Featuring 2000 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, three bedrooms upstairs. 速 $899,000
This wonderful home is located on a quiet family friendly street with great views of the city and ocean, a flat back yard and close to numerous parks and trails. Take advantage of the opportunity to make it your own and finish off this home that is being renovated. The other option would be to build a dream home with spectacular views. $899,000 速
Ultra Modern Post And Beam
Boasting Views
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Contemporary Style
Fabulous Location, Great Views
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VIRANI REAL ESTATE ADVISORS
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FEATURE HOME
FEATURE HOME
3638 Loraine Av. North Vancouver Walk to Edgemont Village
Like new, 6 bedrooms plus den, 3 level home located within close walking distance to Edgemont Village. This home boasts a massive great room with kitchen and family room leading out to a very private outdoor entertainment area, separate living and dining room, 4 bedrooms up all with ensuite access and a large 2 bedroom suite. Features include radiant in floor heating, granite and stainless kitchen, vaulted entry, designer colours and much more. A great home in this popular neighborhood. $1,469,000
604.913.1000 WWW.VIRANIHOMES.COM
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NORTH VANCOUVER
280 Holyrood Rd.
426 West Keith Rd.
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 a very private backyard plus fantastic entertainment decks and top of the line Jacuzzi hot tub in the backyard. $869,900
This is your opportunity to own a character home with great history; "Deptford House" is one of a kind. Beautiful city and water views, great architectural detail, a floor plan to suit any living situation and the current fresh updates offered in this spectacular residence make it a must see. With 4 spacious levels and a peaceful backyard great for entertaining. $869,000
215 West Kings Rd.
1989 Dunstone Pl.
Tastefully remodelled 2 level 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. Great flexibility with 4 bedrooms or as is 3 bedrooms plus home theatre / family room. $849,000 速
Tastefully updated home located on a child friendly cul-desac. With beautiful curb appeal and rare access to this much desired neighborhood the house has a lovely functional floor plan on two levels with 5 bedrooms, 4 bathrooms and 3 kitchens. Offering a grand living area with vaulted ceilings, open kitchen with granite counters and sun-filled decks. $799,000 速
Sun-Filled Property
Character Home With A View
Designer Flair in Upper Lonsdale
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Blueridge Family Home
VIRANI REAL ESTATE ADVISORS
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NORTH VANCOUVER
2029 Larson Rd.
721 Wellington Dr.
This fabulous newer 5/6 bedroom Noort home is centrally located in the heart of North Vancouver. Recently renovated and in mint condition, this home has been tastefully upgraded with an open kitchen and dining room, custom built cabinetry, professional painting and a large two bedroom legal suite. Lovely west facing back yard, large deck with mountain and water views and a secure 2 car garage. $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 that 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 ®
3127 Sunnyhurst Rd.
405-124 West 1st St.
Welcome to Eaglelynn, a selection of custom crafted finely detailed half duplex and townhome units, close to all Lynn Valley's amenities. With quality finishings throughout, this 3 level home offer a fantastic open floor plan, Canadian maple hardwood floors, granite counters , gas fireplaces and much more. ® $669,000
Graciously updated 2 bed, 2 full bath apartment in trendy lower Lonsdale. This beautiful 981 square foot home features a 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
Exceptional Princess Park Home
Quality Build By Noort
Trendy New Home
Gone!
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Lower Lonsdale Living
604.913.1000 WWW.VIRANIHOMES.COM
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VANCOUVER
Assignment-W. Pender Pl.
602-499 Drake 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
Spacious and elegant 2 bedroom, 2 bathroom suite at The Grace. High end finishings, over height ceilings, air conditioning 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. Luxurious living with direct elevator access to your suite, fingerprint security system, 2 parking spots and much more. Don't miss this opportunity. $929,000
PH3-1082 Seymour St.
1101 - 1252 Hornby St.
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 速
Sophistication, clean lines and contemporary finishings come together to bring you Pure. This 2 bedroom+solarium+flex, 902 square foot corner suite features stainless steel kitchen with gas cook top, over height ceilings, floor to ceiling windows and one parking stall. Building features exercise and recreation centre, roof top garden on the 6th floor and central downtown location. $598,000
Coal Harbour Living
Penthouse 'Sweet'
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The Grace
Pure Living
VIRANI REAL ESTATE ADVISORS
VANCOUVER
404-535 Smithe St.
1C - 2775 Fir St.
Loft-style 1 bedroom apartment at Dolce - designed by award winning Merrick Architecture. Spacious open living area with 12 foot ceilings, gourmet kitchen and luxurious bathroom. Located in the centre of Vancouver's best dining, shopping and entertainment district. (Rendering for display purposes only) $589,000
This beautiful one bedroom, one bathroom suite has been recently updated with new flooring, crown moldings, soft paint and an elegant fireplace mantle. In addition to these features it has floor-to-ceiling windows, a walk-in closet, and a large patio. The apartment is also in in a fantastic location close to dining and shopping on Broadway and only a few minutes from Downtown. This unit will sell fast. $379,000
Dolce Assignment
Bright and Spacious
Spaces unlike any other internal volumes, angles, curves and circulation patterns - throw the status quo out the window. 21 magnificent boutique condominiums in the heart of downtown Vancouver. From $935,000
For More Information Contact Karim Virani or visit www.habitableart.com
604.913.1000 WWW.VIRANIHOMES.COM
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Should you go with the potential interest savings of a variable rate mortgage? Or the security of a fixed rate mortgage? With the RBC Homeline Plan®, you can do both†! Get the best of both worlds! With the RBC Homeline Plan, you can split your mortgage into a fixed rate mortgage and a variable rate mortgage, each with its own rate and term. > Save money: if rates go down, the variable rate portion of your mortgage can help you benefit from a lower interest rate. > Protect yourself: if rates go up, the fixed rate part of your mortgage is protected from any rate increase during the term. As a mobile mortgage specialist with RBC Royal Bank®, I can help you enjoy the best of both worlds with the RBC Homeline Plan. Give me a call at 604-961-6457 and let me know where you’d like to meet – at your home, your workplace or anywhere that’s convenient for you. - Michael Alexander † Some conditions apply. All personal lending products and residential mortgages are offered by Royal Bank of Canada and are subject to its standard lending criteria. ® Registered trademarks of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
Michael Alexander has been assisting VIRANI Clients achieve their mortgage goals very successfully. As a long time resident of the North Shore, Michael has worked with some of the most complicated mortgage deals and is a wealth of information. “Virani Real Estate Advisors is proud to work closely with Michael Alexander of Royal Bank of Canada because we know our clients always get a preferred service with the best rates from the best mortgage lender in the business.” KARIM VIRANI, Founder, Virani Real Estate Advisors
Michael A. Alexander Mortgage Specialist RBC Royal Bank 1789 Lonsdale Avenue North Vancouver, BC V7M 2J6 Cel: 604-961-6457 Fax: 604-981-7849 michael.alexander@rbc.com
Market Watch
JULY 2008 VS JULY 2009 1 Year Comparison by Category Year 2001 average = 100
Strong spring market carries into summer. “Home sales this summer are seasonally higher than normal, which is due in large part to the price correction that has taken place in the last year and low interest rates,” Scott Russell, REBGV president said. “Although wellpriced listings and lower-to mid-range priced properties remain in the highest demand across Greater Vancouver, recent activity from first-time buyers is beginning to boost demand in the “move-up” segment of the market.” VANCOUVER, B.C. – August 5, 2009 – The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 4,114 in July 2009, becoming the highest volume of sales ever recorded within the REBGV for that month, outpacing the 4,023 sales in July 2003, which is the only other year that July sales exceeded the 4,000 mark. Since the beginning of the year, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver has increased 9.2 per cent to $528,821 from $484,211. However, home prices compared to July 2008 levels are down 5 per cent.
Sales of detached properties in July increased 95.2 per cent to 1,614 from the 827 detached sales recorded during the same period in 2008. The HPI benchmark price for detached properties declined 5.5 per cent from July 2008 to $711,702. Benchmark price increase 9.8%. Sales of apartment properties in July 2009 increased 76.8 per cent to 1,708, compared to 966 sales in July 2008. The benchmark price of an apartment property declined 4.3 per cent from July 2008 to $365,291. Benchmark price increase 9.6%.
July 2008 July 2009
JULY 2009 VS JUNE 2009 Year 2001 average = 100
Attached property sales in July 2009 are up 107.9 per cent to792, compared with the 381 sales in July 2008. The benchmark price of an attached unit decreased 4.6 per cent between July 2008 and 2009 to $452,085. Benchmark price increase 6.8%.
New listings for detached, attached and apartment properties declined in Greater Vancouver, down 17.4 per cent to 5,041 in July 2009 compared to July 2008, when 6,104 new units were listed.
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
$711,702 $838,416 $1,207,527
1.0% 2.3% 4.5%
$657,802 $810,709 $1,206,102
210.2 209.4 177.9
-5.0 -5.2 -14.3
10.7 11.6 -5.6
51.4 46.9 33.3
ATTACHED Greater Vancouver North Vancouver West Vancouver
$452,085 $559,041 N/A
0.6% 2.2% N/A
$443,184 $551,653 N/A
219.3 218.8 N/A
-4.6 -6.4 N/A
11.8 7.3 N/A
48.9 42.7 N/A
APARTMENT Greater Vancouver North Vancouver West Vancouver
$365,291 $365,460 $557,445
0.5% 1.9% 8.0%
$357,386 $355,224 $561,702
237.6 232.5 200.0
-4.3 -6.1 -15.7
11.0 8.1 -9.2
58.9 51.7 26.4
June 2009 July 2009
JULY 2009 VS JULY 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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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 will also catch your heart. We’re proud to be part of it.