Sep 03, 2016 | Volume 25| Number 36 Phone: 604-502-6100 | Fax: 604-501-6111 | Email: voicerealtyads@gmail.com
New tax on foreign buyers might induce price growth instead - analysis The new tax on foreign buyers of residential properties in British Columbia was ostensibly meant to cool down the overburdened Vancouver market, but a long-time market observer noted that the levy will precisely have the opposite effect—at least in the near future. In an analysis published by the Financial Post, James West of the Midas Letter noted that the 15 per cent tax might instead only induce a home price increase of similar magnitude. “That’s because, for the driving force behind the supercharged environment for home in
Vancouver — wealthy Chinese billionaires — the 15 per cent tax barely qualifies as a rounding error. And with the statusobsessed Chinese, that new tax has just made Vancouver one of the most exclusive addresses in the world,” West wrote. And while the ultimate effects of the tax have of course yet to manifest, Vancouver might serve as a test case for other Canadian markets, which for the most part have played host to wealthy foreign nationals over the past decade due to less stringent immigration regulations. “If the housing market were to
Royal
demonstrate any weakness, the Canadian government is in the enviable position of being able to tighten or ease policy to regulate the flow of, and more importantly, the net worth of immigrants into Canada,” the analyst said. “All eyes in Toronto will be on Vancouver in the weeks ahead to see exactly what effect the new tax ultimately exerts,” West added. “Vancouver is also planning a tax on any empty real estate to curb the practice of buying condos in order to qualify for permanent resident status.”
The new tax, which took effect last Tuesday (August 2), engendered much controversy, and Toronto industry professionals have voiced fears that the city’s homes—especially those in the luxury segment—would become increasingly out of reach of domestic buyers as a result. “Where are those foreign investors going to go? They're not going to want to pay that 15 per cent, so they're going to now dump it into the Toronto real estate market, which is already hot,” Toronto-based real estate agent Derek Ladouceur said earlier this week.
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Owner of #1 Centum Franchise in BC
Tony Hundal
Over 25 Years of Banking Experience
604.897.4068
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Ph: (604) 597-0364 • Fax: (604) 597-2638
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RELIABILITY •
INTEGRITY Vantage Realty Office:604-585-3555
604-339-5132 WEEKLY SPECIAL
WILLOUGHBY HEIGHTS! Custom built, 5 years old, 8 bdr, 6 bath, 3 level home located in a much sought after area. Main features Open concept, Bright living room, formal dining, Kitchen with granite counters and S/S Appliances, Huge family room with large windows offering abundance of natural light, Full Bath and bdr. Above Spacious Master bdr with walk in closet and ensuite, 2nd Master with ensuite, plus 2 bdr and full bath. Bsmt features laundry, 2 bdr legal suite and 1 bdr unauthorized. South facing fenced yard and detached garage. Extensive use of crown moulding and baseboard with detailed finishing. Close to RC Garnet, Transit, Shopping and Recreation. Shows like new.
$1,200,000
$1,298,000
9055 132 ST, SURREY
231 7156 121 ST SURREY
18259 16TH AVE. SOUTH SURREY
QUEEN MARY PARK. Custom built 6 bed, 6 bath, 2 storey home finished to the highest standards. Large living room with laminate flooring, dining room, kitchen with granite counters and SS appliances, family room leading to sundeck, master bedroom with ensuite, 2 more bedrooms (could be 3) and 3 baths. Granite entry, huge rec. room with bath, legal 2 bedroom suite plus 1 bedroom unauthorized. C rown moulding, baseboard, granite up and down. Security system with cameras. Bring the R.V. plenty of parking.
GLENWOOD VILLAGE! Beautiful, clean, 2 bedroom, 2 bath, upper unit located in a gated complex. Spacious bright open floor plan features: living room with gas fireplace, dining room, oak kitchen and family room leading to sundeck. Master bedroom with ensuite another large bedroom, full bath and laundry. 2 covered parking stalls. Adult oriented 45+. Close to shopping, recreation, theatre, restaurants with easy access to Hwy 91 and 99. Great complex and location. Call for your private tour.
Prestigious Hazelmere Valley Acreage. Rare this is the only small acreage in the area, buy 1.75 acres and feel like you're living on 20 acres because all the surrounding properties are large parcels. This is rural living at its best with wide open space. Minutes to White Rock, Beaches, Major highways, golf courses and USA Border. Centrally located. Build your dream home up to 15,000 sqft. Park your machinery and trucks or use it as a hobby farm. Don't miss this rare opportunity.
$1,348,000
$318,800
$1,000,000
$479,800
28 14462 61A AVENUE, SURREY
D D L L O O SS
RAVINA END UNIT. Beautiful, clean, 4 bedroom, 4 bathroom townhome located in desirable complex. Main features: Large, bright living room, Dining, kitchen with granite counters, stainless steel appliances, eating area, powder room leading to sundeck and private yard. Above: Master bedroom with walk in closet and ensuite, 2 more bedrooms, laundry and full bath. Basement features double garage and Media/bedroom with full bath. Close to schools, transit, shopping and Recreation.
5516 146 STREET, SURREY PANORAMA RIDGE! Beautiful 4 bed, 3 bath, 2800 Sq. Ft. home on a 19994 Sq. Ft. private lot. Open concept living room, dining room with Laminate floors and Large windows, newer Maple kitchen with Granite counters and back splash, SS appliances, eating area leading to Hugh wrap around deck. Massive 30x16 games room, bedroom and bath (easy to suite). Newer roof, hot water tank, furnace and Heat pump. Close to schools, transit, recreation with easy access to #10 HWY, King George, Hwy 99 and US border. Move right in or build.
FREE MARKET EVALUATION
$1,000
TOWARDS LEGAL FEES OR CASH*
*CALL FOR DETAILS
06/08
20194 72 AVE, LANGLEY
EMAIL: jaysidhu1@gmail.com SEE MORE AT:
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CITY 2808 KINGSWAY ST, VANCOUVER 604-439-2266
www.bchomesrealty.com
AnuvaidReenaduley 4425 217TH ST, LANGLEY
! e n o d s l a e d t e We g
Reena DULEY Anu VAID 604.644.3346 PERSONAL 604.230.5155 PERSONAL REAL ESTATE CORPORATION REAL ESTATE CORPORATION
6719 133 STREET SURREY NEW LISTING LD
SO
YOUR LISTING HERE!!! CALL NOW FOR A NO OBLIGATION FREE EVALUATION...
$1,635,000
11355 86 AVENUE DELTA
9479 140TH STREET, SURREY
LD
SO
$1,299,800
4943 3RD AVENUE TSAWWASSEN, BC
LD
SO
$1,650,000
Listed at $670,000 FIRST TIME BUYERS ALERT!!! This cozy house has 3 bedrooms up w/ spacious living room, dining & kitchen. 2 bedroom mortgage helper with separate entry. Fenced yard with covered sundeck for summer entertainment. Lots of parking. Close to school, shopping and transit. LUC LOT must see.
T CEN
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$880,000
For Fast Result & Professional Service... LIST WITH US!
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Indo-Canadian Voice Realty
AJAY GILL 604.715.0086
03
RAVA MARKETING www.ravamarketing.ca
RAVI GILL 604.780.5608
9252 119 St, Delta
4746 Lanark St, Vancouver
60x100 lot with renovated house. Legal addition and legal basement suite. 3 bedroom up 2 bath. With 2 bed basement suite.
Coming Soon! 33'x110' Brand New Custom House with Laneway. Plans for 2600sqft house plus 680 sqft laneway built by reputed builder.
$ 2,000,000
BUILDING LOTS FOR SALE IN VANCOUVER & BURNABY NOT ON MLS! 1521 E 58th, Vancouver
8016 117 St., Delta
PICTURE COMING SOON !!! Under Construction new house plus laneway. 3625 sqft main house with legal suit and 870 sqft laneway. Ready end of 2016.
New custom built home 5000 sqft lot with approx 4200 sqft house. 8 bed 6 bath with detached 2 car garage. 2 bedroom legal suite.
Saturday, Sep 03, 2016
Indo-Canadian Voice Realty
VANCOUVER SPECIAL
BEAUTIFUL 6 BEDROOM HOUSE 33x120 lot. back lane
3 bedroom up, 3 down. Near main and Fraser South Vancouver. Very good location. Near to Shopping centre, school and Langar college
EXCELLENT LOCATION
11 townhouses of 3 level 3 bedroom Luxury living. Ready to built, Pre-load paid, Ready to built. Near to school, shopping centre, highway. WON’T LAST LONG. Very good price. Want to construct 11 townhouses, call Darshan Bains
14775 67B Ave, Surrey Custom built 2 storey fully finished 2 bsmnts with 2 - 2 bdrms, or make one rec room. Upstairs large size, 4 bedrooms. easy access to Vancouver & Richmond and Highway. Lots of parks and near recreation centre and shopping. Very Large lot and large sq/feet.
COMMERCIAL BUILDING ON SALE CORNER UNIT 128 & 80TH AVE PAYAL BUSINESS CENTRE Most desirable plaza in surrey. Excellent retail exposure. This central location, professionals including lawyers and accountants. very admirable busy shopping mall. You have a choice to open another business according to the by laws.
RICHMOND WESTMINSTER HIGHWAY
NEW G LISTIN
NEW G LISTIN
WEST NEWTON 13525 67 AV.
2-Level very nice house. It lies between 130 and 64. Very good location. DON’T MISS THE OPPORTUNITY
NEW G PANORAMA AREA LISTIN Huge double lot. very nice 2-level livable house
NEWTON
4 bedrooms, 5 bedrooms up and 2 basement home in surrey. Very Good location. Close to all amenities . Call Darshan For Details
SOLD
Want to Buy or Sell your home in good price? I’ll sell your home fast... Call Darshan Bains
Dunbar St, Vancouver
13047 60 Ave
Panorama
Drycleaning & Laundry
4 bedrooms at panorama. Very nice and clean house.
13343 60Ave, Very Nice and well kept home at Panorama.
SP $1,550 Mil
SP $1,550 Mil
High traffic area, very good income, steady clients, Owner in running this from last 25 years. Good price and good location. Call Darshan for details.
SOLD
SOLD
26/03
NEW G LISTIN
04
Saturday, Sep 03, 2016
Indo-Canadian Voice Realty
Saturday, Sep 03, 2016
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OFFICE FOR LEASE
$ %& ! # ' #
Professional office for rent. Ready to move in. No need to spend any money on improvement. • •
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Bright 2nd floor professional office units with large open office area. Big windows offices facing 80th ave on top of Punjab Cloth Store. Professional lobby and reception area, large conference room, kitchenette Central HVAC air conditioning and heating Great office space for 6 big room and 5 small room and be divided 3 entrance doors, unit can be rented with adjacent office unit Lot of parking stalls on site One full washroom and 2nd 2 Pcs washroom. Excellent exposure on 80th ave. Prominent signage opportunity Building occupied: Punjab Cloth Store, PICS, Ojus Healthcare with lot of walking traffic in plaza.
604-729-1500
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WE CAN BUILD YOUR DREAM HOME
LIST WITH US AND SAVE MONEY
INDER ARORA
KULDIP S. KLER
604.418.9798
778-836-KLER (5537) kskler43@gmail.com
TOP PERFORMER SINCE 2011
FREE HOME EVALUATION UNDER NO OBLIGATION 6667 132 ST., SURREY
NEWNG LISTI
PRICE REDUCED Basement entry spacious home on LUC lot in desirable area. Fully fenced big yard. Central location near to school, bus, park and shopping. Two bdrm basmt mortgage helper available. 3 bdrm, 1.5 bath on main floor. Covered sundeck for BBQ. Big garden shed plenty of space for storage and lots of parking space with back lane access. PDS AND TITLE ARE IN DOCUMENTS
ASKING
$895,000
1 0 7 3 8 1 3 2 A S T. S u r r e y
NEWNG LISTI
Grand and beautiful home with high rental income.The 2 storey house features one huge masterbedrm with walk-in closet. Big kitchen with maple counter top and wooden cabinets.lovely gas fireplace,huge living, dining and family room. 4200 Sq.Ft. home.8450 Sq.Ft.-65Ft.x130ft.big lot. 9 bedrms+5 full bathrms +1washrm.Stunning main Entrance with granite tile. 2 car indoor garage.2 separate rental 2 bedrm suites. large 14x25 covered deck. New Samsung washer & dryers. New dishwaher and water heaters. Main washroom with new tiles and 5’ tub door euro/chrome lily groove and moulding. Now installed full moulding bedroom and baitroom. New appliances, one is 2- door with filtered cold water and ice.One new stove, dishwasher and large microwave. Newly painted exterior, rear stairs,postes front door, garage door and fences.very close to skytrain,surrey central mall, King George hwy, school and hospital.
ASKING
5 ACRES FARM
Only 6000 sqft. plus lot available in the Summerfield area. There won't be anymore lots available in the area anytime soon. Close to Peace Arch Park, Golf Course and Hwy #99. Check prices for houses on similar lots in South Surrey. A three storey house can be built on this lot. Plans are submitted to the City of Surrey and available if needed. Builder can build to suit as well.
PRELOAD DONE. READY TO BUILD
ASKING
$990,000
ASKING
$2.6 mil
119-169A ST.
NEWNG LISTI
E HOUS OPEN & Sun Sat M 2-4 P
PRICE REDUCED Brand new luxury home. Gorgeous gourmet kitchen, huge pantry, Top of the line Fisher & Paykel appliances flushed with cabinets. Open floor plan, glass railing with lit stairs. Fully air-conditioned, custom interior stone work 3 bedroom and 3 bathroom upstairs, finished basement has theater room and a full bath Walking distance to parks, golf and the beach. Easy access to Hwy #99 and U.S. border.
ASKING
$1.25 mil
14745 71ST AVENUE
NEWNG LISTI
Well kept home on a quite cul-de-sac. Home has well appointed Main and spice kitchens, with high quality appliances. two 1&2 bedroom basements, very large media room and double garage. Total of 4 bedrooms and 3 washrooms upstairs, with 2 master bedrooms and one bedroom on the main floor. Equipped with Home theatre and built in vaccum also available. All measurements are approximate, buyer and buyer’s agent to verify if necessary
$1,198,800
16968 0A Ave.
arorabc@yahoo.ca
ASKING
$1,200,000
RICHMOND
HOTEL SITE IN RICHMOND
11 Units towhnhouse site in East Richmond PLA Done
ASKING
ASKING
$12 mil
$4.5 mil
13235 97 AVE, SURREY ASKING $405,000 CLOVERDALE ASKING D $2.5 mil L GUILDFORD SOASKING $625,000 RANCHER FOR SALE ASKING $595,000 SUBDIVISION LOTS ASKING $3.1 mil
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HONESTY â&#x20AC;¢ RELIABILTY â&#x20AC;¢ INTEGRITY
TRIPAT ATWAL 778.859.5932
ATWALTRIPAT16@GMAIL.COM
WANT TO SELL FAST AND FOR TOP $$$ ? PROFESSIONAL SERVICES WITH TRUSTED NAME IN THE COMMUNITY
CALL NOW FOR A NO OBLIGATION FREE EVALUATION... SUTTON GROUP - WEST COAST REALTY UNIT #106 7565 132 ST. SURREY BC V3W 1K5 OFFICE: 604 572 3005 â&#x20AC;¢ FAX: 604 572 7970
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Indo-Canadian Voice Realty
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ONLY 2 LEFT MEDICAL WALK-IN CLINIC / PHARMACY / EYE CLINIC BEAUTY LOUNGE & MEAT SHOP
SPACE AVAILABLE FOR Lawyers
Specialist Doctors
Pizza / Restaurant
Medical Clinic
Chiropractors
Massage Therapist
Dental Clinic
Physiotherapist
Insurance Office
12837-88TH AVE., SURREY
Indo-Canadian Voice Realty
Saturday, Sep 03, 2016
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BUY OR SELL, LET’S DO IT!
Ravinder S Chauhan 604-783-8609
ME WITH LIST AXIMUM M FOR OSURE EXP
NEED E MOR S! G N I T LIS
Email: ravinderchauhan66@gmail.com
#103 12030 80TH AVE, SURREY Tel: 604-572-3088, Fax: 604-572-3077
Tanda Homes Ltd. : Licenced Builders Building your luxury home at an affordable price
Built with style and class a Very nice & open building layout. This is loaded with 8 bedrooms & 6 washrooms in Chimney Heights are featuring (2+1) unauthorized suites with separate entrance high-end kitchen maple cabinets along with spice kitchen, crown moulding throughout the house, vaulted ceiling and new paint in and outside walking distance to bus stop and close to shopping.
7887 King George Boulevard, Surrey
19890 72 AVE
7690 146A STREET
Brand New House under construction. Ready in May or June 2016. Great location near shopping, bus stop and park. Two fireplaces. One bedroom in basement with half washroom, may be used as media room or rec room. Full bathroom on main floor. Upstairs 6 bedrooms, 5 full bathrooms, one media room and a laundry room. Living, Dining and Family rooms on main floor.
4 bedrooms, 3 washrooms, 1900 sqft, 14,603 sqft Lot. Excellent location in the heart of Newton Shopping area. Corner property with two roads access, lane in the back. Property with potential, needs rezoning. House is rented for $1450 - to a good tenant.
LADNER Three level home on 6,000 SF lot on sought after Maple Crescent! Six
Lot For Sale
bedrooms, 3 bathrooms total 2,800 SF home has enough space for the whole family & potential to add a suite for the extended family or mortgage helper!
Lot for sale in clayton area cloverdale, lot is approximate 3470 sq ft.. The house
New flooring, new paint, updated
two level+bsmt can be built .the serviced lot
5465 Maple Crescent, Delta
will be ready aruond oct. 2015 this year
Richmond
SOLD LISTINGS 15716 97TH Ave., N.Surrey
13188 101ST AV.,N.Surrey 13037 59A Ave., Surrey 9689 126TH ST., Surrey 10827 Brandy Dr., N.Delta 13275 97th Ave., N.Surrey 2553 156th St., S.Surrey 8642 149St., Surrey 15387 82nd Ave.,Surrey 13067 59A Ave., Surrey 13029 59A Ave., Surrey
SOLD 10486 144th St., Surrey SOLD 14298 88TH AV., Surrey SOLD 15005 91AVE., Surrey SOLD 10938 131A ST., Surrey SOLD 10486 144TH ST., N.Surrey SOLD SOLD 15005 91A Ave, Surrey SOLD 13051 59A Ave., Surrey SOLD 13029 59A Ave., Surrey SOLD 941Qualding Ave., Surrey SOLD 9228159A St., Surrey
SOLD
Builders and Investors Alert!!! Duplex lot Available in Richmond
SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD
Very good location. Call For Details
25/07
RESIDENTIAL, COMMERCIAL & PRIVATE MORTGAGES
Refinance & Renew Your Mortgage
with us at Better Rates ib@lfr~ Eqy fvYlpr~ v`sqy pR`eIvyt pYisE~ d` pRbMD quh`fy rIP`eInYNs Eqy mortgyj irnUEl spYSilst lYNf fvYlpmYNt • Gr~ dI mOrtgyj • sYikMf mOrtgyj • kMstRkSn • kmrSIEl •
• Low Income • Self Employed • Bad Credit • New Immigrant • Land Development • Second Mortgages A
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ALPHA MORTGAGE HOUSE CORPORATION
#202-12830, 80th Ave. (York Business Centre) Surrey Tel: 604-501-9837 Fax: 604-501-9847 amhc@shawbiz.ca
muPq sl`h mSvry leI huxy Pon kro *Lender/Broker Fee may apply but not without prior written consent of the client
GURHIMAT S. GILL
604.825.4880
A
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SUKHKARAN S. BHATTY
604.765.4023
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