VIRANI REAL ESTATE ADVISORS
SUMMER 2009
Virani is Vancouver. Vancouver is Virani. 604.913.1000
WWW.VIRANIHOMES.COM
enRoute magazine voted Wayne Martin’s Fraîche one of Canada’s top 10 new restaurants. “This is what a simple neighbourhood restaurant in one of Canada’s wealthiest postal codes looks like ...Living well is the tastiest revenge” -
2240 CHIPPENDALE RD. WEST VANCOUVER, 604-925-7595 FRAICHERESTAURANT.CA
Page Three
MAY 2009 - I recently read an interesting article on karma and the economy. It espoused that everything we do – positive or negative – has an effect on the universe. The article concludes that the market and credit problems are karmic in nature because of the past seeds of greed sown through the financial markets. However, the now recent decisive actions by governments all over the world are showing an easing of the financial systems. Canada has dropped their trendsetting interest rates to an all time low of 0.25 percent freezing this rate till mid 2010. This positive path that we are pursuing will stabilize pricing, make markets more reliable and build confidence. In karmic terms, this samsara or
VIRANI REAL ESTATE ADVISORS THE VILLAGE AT PARK ROYAL J4–925 MAIN STREET WEST VANCOUVER, BC V7T 2Z3 604.913.1000
rebirth should urge all of us to be more aware of how our actions dictate the future. This summer promises to be even busier than last year. With the activity we are seeing with home sales from motivated sellers and buyers, we are gearing up for a busy season. I wish everyone an exceptional summer of rebirth and happiness.
Sincerely,
Karim Virani
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.
3090 Spencer Dr.
Exquisite attention to detail. 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
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. $4,879,000
2440 Halston Ct.
3742 Marine Dr.
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
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 and huge walk-in closet and dressing room. $4,188,000
Brand New Estate
Whitby Estates
4
Altamont Show Home
Picturesque Ocean Setting
VIRANI REAL ESTATE ADVISORS
FEATURE HOME
FEATURE HOME
2950 Altamont Cr. West Vancouver Private Estate
Great city and ocean view from this private 2 level Altamont Estate. A fantastic entertainers home with expansive sun drenched decks and mature gardens. West coast architectural flavors with dramatic vaulted ceilings. Numerous updates in this over 6,000 square foot home. This home boasts 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
604.913.1000 WWW.VIRANIHOMES.COM
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WEST VANCOUVER
4718 Woodvalley Pl.
2415 Hudson Ct.
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
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
655 Fairmile Rd.
1755 29th St.
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
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
Ultimate West Coast Living
Entertainer's Paradise
Prime Altamont Location
Gone!
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Rare Opportunity
VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
3785 Bayridge Av.
1501-2240 Bellevue Av.
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 summer. $2,799,000
Fabulous 3 bedroom, 2,037 square foot waterfront condominium in "Bellevue Terrace". This building features one suite per floor and absolutely stunning panoramic views of city and ocean. This suite has been tastefully remodelled and boasts a lovely outdoor balcony on the waterside. A very convenient location close to shopping, the beach and West Vancouver Recreation Centre. $2,798,000
2668 Nelson Av.
2396 Westhill Dr.
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
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. South facing pool and large pool deck to soak up the sun or take in the view. $2,499,000
Dream Home Under Construction
Custom Dundarave Home
Waterfront Living
Panoramic Views
604.913.1000 WWW.VIRANIHOMES.COM
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FEATURE HOME
FEATURE HOME
3160 Benbow Rd. West Vancouver Terrific Views
Absolutely stunning ocean view from this completely remodeled home. Enjoy approximately 6,000 square feet of luxurious living with this tasteful and contemporary design. Features include extensive custom millwork throughout, gourmet kitchen with high-end Thermador appliances, private study, nanny accommodations, guest suite, outdoor swimming pool, home theatre room and triple garage. A truly fabulous home. $3,395,000
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VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
3823 Marine Dr.
1581 Pinecrest Dr.
Semi waterfront beautifully appointed 7 bedroom residence with breathtaking ocean views. The interior boasts oak hardwood floors and marble entrance, a gourmet kitchen with granite countertops and high end stainless steel Dacor and Subzero appliances. Master suite with luxurious ensuite and massive private deck showcasing the amazing views. $2,388,000
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. $2,199,000
1574 Vinson Creek Rd.
2475 Skilift 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 friends and family. $1,998,000
Stunning ocean views from this spacious residence on a large 19,935 square foot lot. Gourmet kitchen with granite countertops and large adjoining eating area, family room, formal living and dining areas on main level. Covered patio great for year round entertaining. 5 bedrooms up and 3 below. Convenient location on a cul-de-sac. $1,950,000
Luxurious Living
Panoramic Views
Canterbury Luxury Home
Entertainers Dream Home
604.913.1000 WWW.VIRANIHOMES.COM
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WEST VANCOUVER
890 King Georges Wy.
204-101 22nd St.
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. $1,799,000
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
510 Hadden Dr.
945 15th St.
Pride of ownership shines throughout this 4 bedroom, 5 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. $1,638,000
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
Classic British Properties
Half Acre in British Properties
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Carefree Lifestyle
Georgie Award Winner
VIRANI REAL ESTATE ADVISORS
FEATURE HOME
FEATURE HOME
4893 Northwood Pl. West Vancouver Endless Views
Located at the end of a quiet cul-de-sac and set on over an acre of land, this immaculate home offers 8,700 square feet on 3 levels and boasts stunning ocean views and numerous updates throughout. Features include gleaming hardwood floors, large kitchen with Traulsen fridge and Garland 6 burner stove, main level access to a massive entertainment deck overlooking the views complete with 10 man Hot Tub, 5 ensuited bedrooms including a huge master suite, 7 bathrooms, wine cellar, media room and a fabulous indoor pool area with floor to ceiling glass and access to a level backyard. $2,688,000
604.913.1000 WWW.VIRANIHOMES.COM
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WEST VANCOUVER
744 Eyremount Dr.
710 Greenwood Rd.
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. $1,499,000
Enjoy stunning views from this 18,000 square foot 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 the street and you must get inside to appreciate the expansive view. $1,449,000
791 Southborough Dr.
2228 Mathers Av.
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
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
Large View Property
Opportunity Knocks
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Panoramic View Lot
Dundarave Family Home
VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
2526 Chippendale Rd.
805 Andover Cr.
Fabulous south side 15,274 square foot property in this prestigious location. Stunning south and south-west views from Point Grey to Vancouver Island. Plans for a 6,500 square foot home are included which are for a luxurious 3 level home offering views from each floor. This is truly a no hassle way to build your dream home. $1,349,000
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. $1,299,000
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 beds up and 2 below with potential for a 1 or 2 bed 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
Spectacular View Lot
Spacious Family Home
Family View Home
Golf Course View
604.913.1000 WWW.VIRANIHOMES.COM
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FEATURE HOME
FEATURE HOME
1175 Sutton Pl. West Vancouver Ultra Modern
Stunning 2 level contemporary masterpiece completely rebuilt in 2005 by Peter Cardew Architects. An entertainers dream, 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 featuring a pool, hot tub and built in Wolf barbeque. Fully landscaped and private setting on a quiet cul-de-sac location. $1,789,000
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VIRANI REAL ESTATE ADVISORS
WEST VANCOUVER
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. 速 $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. 3 bedrooms up and 1 bedroom on main level is perfect for guests or as a live-in nanny suite. $1,288,000
1690 Mathers Av.
374 Rabbit Ln.
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
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
Navvy Jack West - Like New
Gone!
Ideal Location
British Properties
Great Value In British Properties
604.913.1000 WWW.VIRANIHOMES.COM
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LUXURY HOME
1335 Camridge Rd.
West Vancouver
Custom Designed Home Offers Elegance And Style.
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 areas. This immaculately maintained residence offer a luxurious open floor plan that provides space for both formal and casual entertaining. An unfinished private coach house above the separate garage for visiting company completes the perfection of this desirable residence. $4,250,000
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VIRANI REAL ESTATE ADVISORS
17 LUXURY HOME
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 / or an easy-care lot for busy professionals. Lower level is great for teens or in-laws. $949,000
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
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Entertainer’s Delight
Private Setting
VIRANI REAL ESTATE ADVISORS
FEATURE HOME
FEATURE HOME
4811 Skyline Dr. North Vancouver Luxury In Canyon Heights
One of North Vancouvers finest homes boasting views of city, ocean and Vancouver Island. This exceptional new residence has been built with great attention to detail. Offering a fantastic design with 4 large bedrooms upstairs all with private bathrooms, 2 grand master bedrooms with spectacular views. A 2 bedroom legal suite downstairs creates great flexibility for any living situation. Features include several grand open living areas, gourmet kitchen, custom lighting, fully wired media room, surround sound and air conditioning just to name a few. Professionally landscaped with a flat south-facing backyard, ample deck space and situated in one of the most sought after locations in Canyon Heights. $1,998,000
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VIRANI REAL ESTATE ADVISORS
NORTH VANCOUVER
907 Wavertree Rd.
2302-188 E. Esplanade St.
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 ®
The Pinnacle of The Pier development, this stunning two-level, 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. $1,699,000
3638 Loraine Av.
535 East 12th St.
Like new, 6 bedrooms plus den, 3 level home. 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 radiant in-floor heating, granite and stainless kitchen, vaulted entry. $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
Forest Hills Exquisite Home
Spectacular Two Level Penthouse
Gone!
Walk To Edgemont Village
Grand Boulevard Show Home
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, custombuilt cabinetry, Jenn-Air appliances and an oversized Bertazzoni Italian gas range. 速 $1,048,000
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. $949,000
318 West 28th St.
1303-1320 Chesterfield 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 and a quiet central location. $899,000
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. Please call for more details. $898,000
Ultra Modern Post And Beam
Boasting Views
Gone!
Contemporary Style
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Views, Views, Views
VIRANI REAL ESTATE ADVISORS
FEATURE HOME
FEATURE HOME
4435 Sycamore Rd. North Vancouver Exclusive Edgemont Residence
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 and design have been achieved in this home. Private yard and park like setting in a convenient location within walking distance to all the amenities of the village and reputable Handsworth Secondary and Canyon Heights Elementary schools. No GST. $1,880,000
604.913.1000 WWW.VIRANIHOMES.COM
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NORTH VANCOUVER
215 West Kings Rd.
280 Holyrood Rd.
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
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. $829,900
1989 Dunstone Pl.
721 Wellington Dr.
Tastefully updated home located on a child friendly cul-de-sac. 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
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 Ž
Designer Flair in Upper Lonsdale
Blueridge Family Home
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Sun-Filled Property
Exceptional Princess Park Home
VIRANI REAL ESTATE ADVISORS
Gone!
NORTH VANCOUVER
2041 Westview Dr. Builders Alert
3127 Sunnyhurst Rd. Trendy New Home
For Sale
2 LOTS Builder's Alert! Conveniently located split level home on 66' lot recently approved for subdivision and includes preliminary plans for 3,000 square foot homes including two bedroom legal suite. Currently rented for student rental at $4,200 not including rent from bsmt suite, currently owner occupied. Potential suite income $800 for total potential income of $5,000. Value mainly in land. $788,000
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, these 3 level homes offer a fantastic open floor plan, Canadian maple hardwood floors, granite counters , gas fireplaces and much more. Other features include lovely outdoor areas, secure garages, full 2-5-10 warranty. 速 $669,000
3115/3121 Sunnyhurst Rd.
405-124 West 1st St.
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 finishings throughout, these 3 level homes offer a fantastic open floor plan, Canadian maple hardwood floors, granite counters , gas fireplaces and much more. Other features include lovely outdoor areas, secure garages, full 2-5-10 warranty. FROM $649,000
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
Trendy New Homes - 2 units remaining
Gone!
Lower Lonsdale Living
604.913.1000 WWW.VIRANIHOMES.COM
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VANCOUVER
1901-1139 W. Cordova St.
Assignment-W. Pender Pl.
Two Harbour Green - a world - class waterfront development in Vancouvers Coal Harbour. Ideally located between beautiful Stanley Park and Canada Place offering spectacular views across the harbour to the North Shore Mountains. This is spacious 3,600 square foot suite with 3 bedroom and 5 bathrooms. Vancouvers entertainment, shopping and business districts are just blocks away. 速 $5,850,000
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
602-499 Drake St.
404-535 Smithe St.
Spacious and elegant 2 bedroom, 2 bath 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. $939,000
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
Waterfront Luxury
Gone!
The Grace
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Coal Harbour Living
Downtown Dolce 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 district. (Rendering for display purpose only) $448,000
Completely updated 2 bedroom, 2 bathroom corner unit. Renovations include designer paint, stainless appliances, upgraded baths and kitchen. Enjoy the bright northwest exposure from your deck, and cold winter nights in front of your wood burning fireplace. This suite is conveniently located close to Vancouver General Hospital and City Square shopping. ® $399,000
Penthouse 'Sweet'
Gone!
Trendy Gastown
Award Winning Henderson Developments
Professionally Renovated, Ideal Location
604.913.1000 WWW.VIRANIHOMES.COM
Gone!
27
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
APRIL 2008 VS APRIL 2009 1 Year Comparison by Category Year 2001 average = 100
Buyer Activity brings greater stability “We’re seeing greater balance in the housing market, as evidenced by a strong sales to active listings ratio of over 19 per cent,” Scott Russell, REBGV president said. “The result is a relatively stable market in which homes are being realistically priced. “The bridge between buyer demand and housing supply is continuing to narrow, which, as we see, helps bring stability to home prices,” he said. “The trends in our housing market over the last couple of months offer a much more comfortable, historically normal set of conditions.” Monday, May 4, 2009 VANCOUVER, BC – With more buyers and fewer homes for sale in recent months, the Greater Vancouver housing market has entered a more moderate and balanced state. For the sixth consecutive month, new listings for detached, attached and apartment properties declined in Greater Vancouver, down 33.7 per cent to 4,649 in April 2009 compared to April 2008, when 7,010 new units were listed. The total number of property listings on the Multiple Listing Service® (MLS®), while slightly down compared to last month, remains unchanged compared to the same period in 2008. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,963 in April 2009, a decline of eight per cent from the 3,218 sales recorded in April 2008, and an increase of 31 percent compared to last month.
April 2008 April 2009
Sales of detached properties declined eight percent to 1,190 from the 1,293 detached sales recorded during the same period in 2008. The benchmark price, as calculated by the MLSLink Housing Price Index®, for detached properties declined 12.2 per cent from April 2008 to $675,268.
MARCH 2009 VS APRIL 2009 Year 2001 average = 100
Sales of apartment properties in April 2009 declined 10.5 per cent to 1,179, compared to 1,317 sales in April 2008. The benchmark price of an apartment property declined 12.6 per cent from April 2008 to $340,203. Attached property sales in April 2009 are down 2.3 per cent to 594, compared with the 608 sales in April 2008. The benchmark price of an attached unit decreased 9.7 per cent between April 2008 and 2009 to $431,759.
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
$675,268 $782,388 $1,126,620
1.0% 2.4% 4.9%
$659,354 $755,580 $1,156,071
199.4 195.4 166.0
-12.5 -14.3 -29.2
8.7 6.7 -6.1
42.6 32.3 22.8
ATTACHED Greater Vancouver North Vancouver West Vancouver
$431,759 $529,314 N/A
0.7% 2.2% N/A
$426,196 $527,166 N/A
209.4 207.2 N/A
-9.7 -12.2 N/A
13.6 10.3 N/A
46.6 35.9 N/A
APARTMENT Greater Vancouver North Vancouver West Vancouver
$340,203 $339,761 $554,780
0.5% 2.2% 9.6%
$336,815 $339,916 $553,591
221.3 216.2 199.1
-12.6 -13.3 -17.6
9.9 5.5 2.6
49.3 42.5 25.2
March 2009 April 2009
APRIL 2009 VS APRIL 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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Garden Maintenance from
KATSURA LANDSCAPING Ltd.
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KATSURA
LANDSCAPING Ltd.
604.518.5661
www.katsuralandscaping.ca
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