Live e Experience Fall 2022 Aug. 20–Sept. 3, 2022 INSIDE : THE PRE-SALE HOME INSPECTION DO YOU NEED MORTGAGE DEFAULT INSURANCE? The first and only complete guide to pre-construction homes and condos Metro Vancouver
This is not an offering for sale which can only be made with a disclosure statement. In our continuing effort to improve and maintain the high standard of Minoru development, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Renderings are an artist’s conception and are intended as a general reference only. Please refer to the disclosure statement for exact offering details. E.&O.E.
R
The ultimate expression of holistic living - the homes of Minoru Square and a remarkable collection of amenities that include a Serenit y Room, Tea Room, Cocktail Lounge, Co Working Space and more - give you a refreshingly enlightened way to live.
ST UDI O, 1, 2 , & 3 BE D R OO M HOME S ST E P S F R O M L A NSD OW N E STATIO N EG I STE R TOD AY T H I N D. C A/ M I N O RUS Q UAR E
Visit the Presentation Centre 5549 Kingsway | 604 · 451 · 3636 Open Daily 12 to 5pm (Except Fridays) Now Selling | Thind.ca/Eclipse Studio, 1, 2 & 3 bedroom homes in Brentwood starting from $529,900. Eclipse offers a perfect balance of contemporary living, vibrant community, top class amenities, and access to transit. BR E N T WO OD HOM E S . BU RQU I T L A M PR ICE S . T H E B E S T PRE SA LE V A LUE IN B RE N T WOOD & B EY ON D WHEN PURCHASEYOU IN 3 MONTHS ON ACCEPTANCE IN 9 MONTHS ON ACCEPTANCE UNDER CONSTRUCTION - BOOK APPOINTMENT 5 % + 5 % + 5 % This is not an offering for sale which can only be made with a disclosure statement. The developer reserves the right to modify or change plans, specifications, features and prices without notice. Renderings are an artist’s conception and are intended as a general reference only. Please refer to the disclosure statement for exact offering details. E.&O.E.
CONTENTS 14 CIRCULAR LIVING SÕL AUG. 20–SEPT. 3, 2022 | VOLUME 30, ISSUE 17 COVER STORY 6 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
22 PROPERTY PROFILES 26 O2 Where wellness and luxury merge 32 The Scene at Langford A dynamic new condominium residence in the heart of Langford FEATURE 21 Buyer’s Profile Marites and Emerson: love at first sight at Hayer Town Centre BY SUSAN M BOYCE ADVICE 18 Mortgage Minute Mortgage default insurance: what it is and when you may need it BY ALISA 22 IndustryARAGON-LLOYDExpert The pre-sale home inspection BY BRITTANY REIMER 30 Real Estate Pro There is a new home or condo for every lifestyle BY BARBARA LAWLOR 34 HAVAN Mastering the homebuying market BY RON RAPP INSPIRATION 37 Colour your world Our design experts share tips on bringing colour into the main rooms of your home BY SARA DUCK NEIGHBOURHOOD PROFILES 16 Burquitlam Coquitlam Urban sophistication and idyllic greenspaces 28 Metrotown Burnaby A much talked about urban centre that seems to have it all IN EVERY ISSUE 8 Editor’s Note 9 Hot 48 Listings47 What’s10 InsidePropertiesVancouverOnlineDirectory DISTRICT MAPS 12 Coquitlam, Port Coquitlam, Pitt Meadows, Maple Ridge & Port Moody 20 Surrey, Langley, Abbotsford & Mission 24 NewBurnaby,Westminster 31 Out of Town 36 Richmond, North Delta & Tsawwassen 42 South Surrey, White Rock 43 DowntownVancouver, Vancouver 45 North Shore, Squamish CHIEF REVENUE OFFICER Jacky jacky.hill@nexthome.caHill EDITOR-IN-CHIEF Susan susan.legge@nexthome.caLegge EDITOR Marlene Eisner CONTRIBUTING EDITORS Sara Duck, Amanda Pereira CONTRIBUTING WRITERS Susan M Boyce, Michelle Hopkins MEDIA CONSULTANTS Dave ricardo.hernandez@nexthome.ca604.319.7103Ricardodave.bird@nexthome.ca604.319.7102BirdHernandez SALES & MARKETING COORDINATORS Gary Chilvers Vi Nguyen DISTRIBUTION distributionteam@nexthome.ca ACCOUNTING INQUIRIES accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA Lauren Reid–Sachs GRAPHIC DESIGNER & ASSISTANT MANAGER Alicesa Pullan GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony GRAPHIC DESIGNERS Johannah Lorenzo, Yvonne Poon, Jean Faye Rodriguez, Mike Terentiev Published Advertisingnexthome.cabyCall 1.866.532.2588 ext. 1 for rates and information. Fax: 1.888.861.5038 Circulation Highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-todoor insertions in key audience segments. Call 1.866.532.2588 to discuss distribution opportunities. Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2022 All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited. Editorial Submissions from interested parties will be considered. Please submit to the editor by email to editorial@nexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication. nexthome.ca 7
Some people say you have to have luck in life — others say it’s all about recognizing and acting upon the opportunities that come your way. This brings to mind a popular proverb that is appropriate in today’s housing market: when opportunity comes knocking, it’s best to open the door and let it in — especially when you’re looking for your next new home. That is exactly what Marites and Emerson did when they, along with their cousins from Edmonton, toured a show home at Hayer Town Centre in Langley. The two couples immediately saw an opportunity and grabbed it. Writer Susan Boyce spoke with Marites and Emerson, who were happy to share how they fell in love with a two-bedroom top-floor unit that would make a great investment purchase for now, and a good home down the road when they retired and wanted to downsize.
GRAB IT WHEN OPPORTUNITY HAPPENS
EDITOR’S NOTE MARLENE EISNER EDITOR New Home + Condo Guide EMAIL: marlene.eisner@nexthome.ca TWITTER: @MarleneEisner + Colour your world Page 37 + get social Interact with us on social media: nexthome æ Sign up to receive digital editions and newsletters to your inbox!
What other opportunities await you in this issue of New Home + Condo Guide? If you are on track to finding a new home or condo but are overwhelmed or confused by the market, the Homebuilders Association Vancouver (HAVAN) team has put together a free online video resource of industry experts sharing their best practices and experiences. This is great opportunity to demystify some of the areas you may not understand about purchasing a pre-sale home. And as always, we’ve included other articles to help you buy and decorate your new home, including what mortgage default insurance is and when and why you may need it, as well as some breathtaking decor inspiration so you can make your new space uniquely yours. We hope you enjoy what you see. Let us know what you think. We’d love to hear from you.
8 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
Info: A collection of 58 contemporary Prairiestyle four-bedroom family townhomes in Coquitlam’s picturesque Burke Mountain neighbourhood. Ranging from 1,600 sq. ft. up to 2,235 sq. ft. with warm and spacious interiors and open-concept layouts featuring gourmet kitchens and spa-inspired ensuites, these homes boast the safety and security of life in a quiet residential neighbourhood, perfect for growing families. Register now.
BALLANTREE Home type: Townhomes Developer: Polygon On the map: Burke Mountain in Coquitlam Web: polyhomes.com/community/ballantree/
SKYLARK Home type: Condominiums Developer: Polygon On the map: West Coquitlam Web: polyhomes.com/community/skylark Info: Skylark consists of two intimate buildings, both showcasing West Coast architecture and consisting of one-, two- and three-bedroom apartment homes. Well-designed floorplans feature open-concept main living areas, beautiful kitchens, luxurious bathrooms and balconies or patios. Details include over-height ceilings, engineered stone countertops and soft-close cabinetry, plus a hotel-inspired lobby, on-site fitness studio and a multipurpose room. Register now. Vancouver area.
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, KINDLY EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA+ PREVIEWS & REGISTRATIONS BALLANTREE SKYLARK nexthome.ca 9
FIND YOUR NEXT HOME This page features a few of the latest properties to keep your eye on in the Metro
HOT PROPERTIES
TERRAYNE Home type: Townhomes Developer: Townline On the map: Burke Mountain in Coquitlam Web: terrayne.townline.com/
Info: Two- and three-bedroom townhomes in a truly engaged community at Burke Mountain, with endless outdoor recreation opportunities and Terrayne’s close proximity to the future Burke Mountain Village, this exciting community promises a sense of real human connection in an outdoor-oriented urban mountainside setting. Register now.
HEADWATER Home type: Townhomes Developer: Apcon Group On the map: Surrey Web: liveatheadwater.ca/ Info: Offering 39 townhomes, Headwater is an affordable luxury for young families and first-time homebuyers, nestled in the Fraser Heights suburb of Surrey. Each oneof-a-kind home is graced with extravagant interior decor, exceptional architecture, lavish designer finishes, spacious living rooms and generous outdoor space. Register now.
#InsideVan
Sync Properties opened its presentation centre in Surrey’s Cloverdale Town Centre for its newest project, Hepburn. This boutique collection of 66 generously sized three- and four-bedroom park view townhomes will come with fireplaces, and for a limited time only, will include forcedair heating and AC for any home sold. Nearby, you’ll find Cloverdale Crossing and Willowbrook Shopping Centre, with SaveOn-Foods, Winners and London Drugs. Starting from $949,900, you can register today at hepburntownhomes.com.
READY TO LAUNCH? The Bogner Group has applied for a development permit to the City of Vancouver to redevelop six former single-family lots on West 41st near Columbia Street. The development, known as The Bromley, will consist of 40 contemporary townhomes. Designed by RH Architects, the architect on the project, Vincent Yen, says the Bogner Group is waiting for the city’s approval before it can move forward with launching The Bromley to the public. If approved, The Bromley will consist of 2.5-storey townhomes along the lane, with one-storey apartments along 41st, with a landscaped courtyard in between them.
In sync THE BROMLEY by MICHELLE HOPKINS Vancouver
10 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
DID KNOW?YOU
After selling out Aldergrove Town Centre’s first release of homes, Janda Group is launching Phase 2 — Creekside — a collection of 66 condos. Dubbed the first of this kind of master-planned community, Creekside, in tandem with the demolition of the Aldergrove Mall site in Aldergrove’s downtown core, will offer one-, two- and threebedroom condos. “Our goal with the development of Aldergrove Town Centre has been to keep the core values of the community at heart, while helping to facilitate Aldergrove’s future growth,” explains Sonny Janda, president of Janda Group. “This project truly is the result of a pivotal collaboration with Langley Township and the residents of Aldergrove.”
A pivotal collaboration Food for thought
+ Century Group ‘s newest masterplanned community, North Surrey’s Century City Holland Park, has been designed with a food-centric philosophy. Driven by an ethos that food is the common factor that brings people together, Century City Holland Park will feature a Market Food Hall with multiple food stations, a central bar, an orchard of apple trees, and a greenhouse to grow organic produce that will end up on the plates of guests dining in the Market Food Hall and bar lounge. In addition, each home in Park Tower 1, a 39-storey tower featuring one- and two-bedroom homes, will be equipped with a kitchen grow shelf.
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Revisions have been made by Wesgroup Properties to the plans of the future 49-storey condominium and rental housing tower replacing the Georgian Towers building in downtown Vancouver. The tower’s podium base has been completely redesigned with a sweeping, curving form that resembles the roots of a tree.
HOT PROPERTIES FraserRiver D ew dney TrunkRd 1 2 4 A ve 1 3 2 A ve1 3 2 A ve 1 2 8 A ve WestwoodSt PoirierSt S227t S228t Run n e l R d CitadelDr soBnonRd 1 2 3 A ve 207St 1 2 8 A ve MaryHillRd 1 1 2 A ve 1 0 8 A ve Riverside D r Lincoln Ave H a mm o n d R d 320St kcHey Dr G le n MapleCres 1 2 2 A ve F o rd R d S222t LougheedHwy ShaughnessySt 610St1 0 8 A ve MarinaWrey PittRiver Rd Pra ir ie A ve 2t322S32St203St aHrrisRd 216St210St MaryHill Bypass United BlvdLintonSt RdMeridianCoast F r a ser River PittRiver EasternDr KingswayAveBroadwaySt Kennedy Rd RdWooldridge StOxford PittRiver PittRiverhSaughnessySt CedarDr Wilson Ave KingswayAve110MarinerWayAve 110 Ave Fraser River RdHarris RdBaynes River DewdneyRdTrunk RdLougheedHwy St224 StLaity British C o lu mbia H w yRdNeavesAllardCrescentSFPR 1 17 7 7 7 7B Foster Ave COQUITLAM – PORT COQUITLAM – PITT MEADOWS – MAPLE RIDGE NEW HOMES NEW CONDOS 4 7 8 1.COQUITLAMWEST 505 Nelson Street westbybeedie.com 2. SYDNEY 545 Sydney 778-948-0333Ave. sydneybyledmac.com 3. VUE Foster Ave & Whiting Way vueliving.ca 4. SOPHORA AT THE PARK #101 - 1135 Pipeline Road 604-942-8416 polyhomes.com 5. PRECIDIA 520 Cottonwood Ave 604-422-0080 precidiabyledmac.com 6. ALINA 604-259-8626 ownalina.com 7. SOL Como Lake Ave & Robinson 604-937-9688 solexperience.ca MAPLE RIDGE 8. PROVENANCE 11295 Pazarena Place 604-467-2285 polyhomes.com 9. CREST KANAKA SPRINGS 25024 112 604-405-1903Ave kanakasprings.com CoaMtserdiandR eNlsoAnve DaceCommrilr StAndrewsAve Dewdney TrunkRd BdRdyranuodRyradnuoB 6thAve iPnetreeWay enables St E 54th Ave ColumbiaSt EwenAve SchoolhouseStCanada Way CanadaWay PoirerSt VictoriaDr RupertSt MarmontSt 92 Ave Pa ERd1stAev PrincetonAve norama Dr nyTeSt EarlesSt Dundas St EdmondsSt MarineDr BraidSt yudnMSt Runnel Rd ParkwayBlvd CitadelDrpuRertSt MaryHillRd GarndBlvdE Keith Rd E BdarynuoRd Grange St PattersonAve Westminster Hwy N FraserWay 14thA Griffiths10thAveDr ve 16thAve 112 Ave yealGAve E8thAve 108 Ave 8thAve 98 AveyellahWBlvd Lincoln Ave dgirbniaBeAve 6stSt12thSt 6stSt 104Ave kcHiey Dr Glen Dr StretroP ShignKtt Dundas St Oakland St caMPheevAnosr 112 Ave FraserHwy 312St KnightSt 96 Ave 218St 104 Ave 105 Ave S021t ShaughnessySt SE Marine Dr Marine Way 140St 10thAve 610St160St108 Ave S414t fRenrewSt SRupertt 156St MtSeymour Pky PittRiver Rd Austin Ave ClarkDr PipelineRd 100 Ave St BritishColumbia Hwy 32St 92 Ave dNoR6 Winston St 618 RiverRd SFPR Trinity St AveDuthie Broadway Halifax St AveSperlingAveKensingtonAveSpringerAveDeltaAveGilmore ggniWildonAveWillindonAve Curtis StParker StDrVictoria E Broadway RdJacombs StKnight aser River debuNmr7R ElliottSt SKerrt Moscrop StBond St BurrisSt Burke St AveSmith AveSussex RumbleByrneStRdMarine WayMarine Dr Imperial St ImperialStyoRalOakAveRoyalOakAveDeer Lake Pkwy CumberlandStCaribooRd tSabuoCEmi dRhNort 314St Fraser River S411t GrosvenorRd KiGBldvegroegn United Blvd Alderson Ave Rochester Ave BrunetteAve DawesHillRd Smith Ave StLinton Fraser River PittRiv EasternDr StBroadway StOxfordShaughnessySt Wilson Ave KingswayAve oMray St MarinerWay hoJnsonSt FraserRiver FraserRiverBoydSt 110 Ave 110 Ave 99 Ave96 AveGraceRd92Ave 88 Ave 88 Ave 88 Ave St OldYale Rd SFPR SFPR 1 1 17 91 91 91A 7 7 7 7 7 1A 1A A 7B 7A 7A 1 1 Como Lake AveClarkeRd Clarke St Murray StGlDreryane CilDrece IocoRd SGatensburyt BurnabyMountain Pkwy David AveHeritageMountainBlvd Guildford Way PORT MOODY 6235 1 9 12 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
REGISTER NOW AT SOLEXPERIENCE.CA
Live the experience at SÕL, West Coquitlam’s newest collection of ONE-bedroom to THREE-bedroom, elegant, sustainable mass timber homes. Conveniently located at Como Lake Ave and Robinson, SÕL nestles into a peaceful residential pocket, just blocks from all the action in this young, growing city. This is not an offering for sale. Sales by disclosure statement only. E.&O.E. Sales & Marketing by Adera Realty Corp. SoL Adera Projects Ltd.
Adera’s Newest Mass Timber Community Coming to West Coquitlam
WELL, SAY HELLO TO SÕL. Located at Como Lake Avenue and Robinson Street in West Coquitlam, these two buildings will complete one of Adera’s largest mass timber communities to date, and savvy buyers couldn’t be more delighted. Comprised of a six-storey midrise with 92 market condominium residences and a second building with 109 rental suites, SÕL is the quintessential combination of style, flexibility and holistic living.
URBAN VIBE, OUTDOOR STYLE
Best of all, he adds, even though every urban amenity, including schools at all levels from K to university, are within minutes, thanks to SÕL’s setting adjacent to an existing single-family neighbourhood, these homes still have a sense of tranquility and a simpler pace of living. It’s like having the best of all worlds.
COVER STORY Circular Living SÕL 14 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
Okay, you want it all. A lively urban vibe that still feels quiet and tranquil, proximity to a diverse array of outdoor recreation, easy access to transit and cycle routes, plus a location that puts you smack in the middle of Metro Vancouver so getting anywhere is a snap.
“West Coquitlam is undergoing a massive revitalization,” says Eric Andreasen, Vice-President of Marketing and Sales. “People of all ages are discovering how convenient it is to everything from outdoor recreation and parks to upscale shopping and trendy restaurants like Taps & Tacos, Bjorn Bar Bakery and Shiraz Farm Market, a hidden local gem specializing in Mediterranean and Persian fare. It’s an area with a youthful outlook and sense of unique character.”
“Adera is on track to deliver more than 1,000 SmartWood homes throughout Metro Vancouver, including Crest in North Van and our upcoming project in Surrey, by 2025,” Eric says. “It’s part of our Buildings for Better Lives commitment to sustainability, the environment, and the well-being of our owners. “By offering both condos and rental units here in West Coquitlam, we’re creating a balanced, circular lifestyle.
THE SMARTWOOD® ADVANTAGE Long known for its leading-edge use of mass timber construction, Adera’s proprietary SmartWood resonated with the City of Coquitlam’s commitment to holistic, environmental sustainability. “This is our third project in the West Coquitlam neighbourhood alone to incorporate this material,” Eric says. “We definitely believe it is the building material of the future.”
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Young people starting out could rent until they’re ready to buy or until they find that dream job. Growing families have a whole range of activities that allow them to play and enjoy life. And because this is a more boutique development, you actually get to know your neighbours, so it’s a much more social way of living.”
And when you do need to head to downtown Vancouver, transit just doesn’t get any easier than a
LOCATION+
West Coquitlam DEVELOPER Adera HOME TYPE Midrise SALES CENTRE Coming soon CONTACT adera.com
The SÕL presentation centre will be open to the public on Oct. 1 at 202 – 552 Clarke Road in the Burquitlam Plaza. Register today at solexperience.ca to be one of the VIPs who gain private, early access starting in September.
Adera’s SmartWood utilizes mass timber construction at SÕL, specifically cross laminated timber (CLT) panels, he explains, so not only is it as strong as steel and concrete construction, it’s also as quiet as, if not more so, than concrete built to code, and it’s more affordable. And just in case you need a few further enticements, it doesn’t burn like traditional lumber, plus it’s powerful at sequestering carbon, making it a win-win design both for buyers and the environment. So what’s not to love about that?
10-minute walk to the Evergreen Line station at the Burquitlam Plaza.
The burgeoning Burquitlam neighbourhood, with its upscale amenities including great shops and malls, stunning parks, such as Burnaby Lake and Como Lake, offers a combination of urban sophistication and idyllic greenspaces – making this a truly urban/rural lifestyle.
MEET THE NEIGHBOURS This enclave is a family-friendly one that is appealing to a growing number of professional Millennials. Because of the Evergreen Line expansion and lower housing prices, even downsizers and Baby Boomers are enticed to this neighbourhood.
COQUITLAMbyMICHELLEHOPKINS
NEIGHBOURHOOD PROFILE 16 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
LIFESTYLE
THE VIBE
IN THE AREA Dating back to 1911, its crown jewel is the Vancouver Golf Course. Recognized as one of the finest golf clubs in the Pacific Northwest, it is situated in a stunning 176-acre woodland park setting.
all of its parks and trails. The migration of Lower Mainland city dwellers, with 54 per cent having a post-secondary education, has definitely contributed to this evolving change.
This once established neighbourhood is going through a growth spurt, with a dizzying amount of construction. Yet, it still enjoys a Zen vibe thanks to BURQUITLAM
Burquitlam, with a population of 22,780, is nestled at the crossroads of two cities - Coquitlam and Burnaby. A fun fact: This neighbourhood has the distinction of being home to one of the oldest roads in the Lower Mainland – North Road, built in 1859.
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VANCOUVER GOLF CLUB Recognized as one of the finest golf clubs in the Pacific Northwest, it is a prestigious private club in a stunning woodland park setting of more than 176 acres.
BURQUITLAM PLAZA Anchored by Value Village, Shoppers Drug Mart, and Dollarama, the mall offers a wide range of shops and services to serve its rapidly growing primary trade area. HOT SPOTS
COTTONWOOD PARK An extensive upgrade to 2.5 acres of park land added a new playground, water play area, social area, washrooms and covered picnic area.
Accessible transportation services like buses, the Evergreen SkyTrain and the Westcoast Express commuter rail train, are within a short distance to most new condo buildings, providing fast access to downtown Vancouver.
PLANES TRAINS & AUTOMOBILES
REAL ESTATE With housing prices about one-third of the price of comparable properties on Vancouver’s west side, it’s no wonder Burquitlam is booming. There’s a lot going on in Burquitlam since the new Skytrain was built, from townhomes and lowrise condominium projects to master-planned communities. Lougheed Core Area Master Plan envisions the drastic densification of 72 acres immediately north of Lougheed Town Centre Station, including redevelopment of the mall, Anthem’s impressive SOCO masterplanned community, and just up the street, Adera’s Duet project with city homes and townhomes.
MORTGAGEINSURANCEDEFAULT WHAT IT IS AND WHEN YOU MAY NEED IT
ADVICE | MORTGAGE MINUTE Mortgage default insurance is commonly referred to as mortgage insurance. It is often confused with homeowner/property insurance or mortgage life insurance. Homeowner/property insurance protects the individual’s home and possessions in the home against damages and loss from theft, fire, or other unforeseen disasters. Mortgage 18 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
ARAGON-LLOYDALISA
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“ ” Mortgage default increasesinsurance withpurchasehomebuyer’saopportunitytoahomealowdownpayment,sincesavingfora20percentdownpaymentcanbedifficultintoday’shousingmarket.
The mortgage default insurance premium is a one-time charge, and it is paid by the borrower to the lender. The premium can be paid in a single lump sum at the time of closing, or it can be added to the mortgage amount and repaid over the amortization period (or the life of the mortgage). The cost of default insurance is calculated by multiplying the amount of the funds that are being borrowed by the default insurance premium, which typically varies between 0.60 per cent and 5.85 per cent. Premiums vary depending on the amortization period of the mortgage, the loan-to-value ratio, the size of the down payment, and the product.
Mortgage default insurance is provided by insurers such as Canada Mortgage and Housing Corporation (CMHC), Sagen (previously known as Genworth Canada), and Canada Guaranty. Each mortgage insurer has its own criteria for evaluating the borrower and the property, and it decides whether or not a mortgage can be insured. The lender, not the borrower, selects the mortgage insurer, and it’s possible that the mortgage application can be approved by the lender but might not be approved by the insurer.
WHAT IS INVOLVED
Alisa Aragon-Lloyd has been a mortgage expert for more than 11 years. She has her own company, Bridgestone Financing Pros, powered by DLC Origin Mortgages and is on the board of directors for the Homebuilder Association of Vancouver (HAVAN) and an award-winning member. life insurance is designed to repay any outstanding mortgage debt in the event of the homeowner’s death or long-term disability.
Mortgage default insurance, however, increases a homebuyer’s opportunity to purchase a home with a low down payment, since saving for a 20 per cent down payment can be difficult in today’s housing market. To clarify, there are two types of mortgage options: conventional mortgages, which are loans with a minimum 20 per cent down payment, and high-ratio mortgages, which are loans with less than 20 per cent down payment.
Note* The cost of default insurance is subject to change if the purchase price or appraised value, the amount of down payment or the amortization, changes. The final premium and the cost of the mortgage default insurance will be disclosed in the mortgage commitment document from the lender.
AN EXAMPLE OF A PREMIUM CALCULATION FOR A HOME PURCHASE: Property value: $400,000 Down payment: 5 per cent or $20,000 Mortgage basic loan amount: $400,000 - $20,000 = $380,000 Amortization period: 25 years Loan to value ratio: 95% Premium amount: $380,000 x 4% Default insurance cost: $15,200 Total mortgage amount: $395,200
+MORE ADVICE ONLINE nexthome.ca/news/advice
In Canada, mortgage insurance is required by the government of Canada on all high-ratio mortgages. The insurance protects the mortgage lender only against a loss caused by non-payment of the mortgage by the borrower, and it is not a protection for the homeowner. However, the mortgage insurance enables borrowers to purchase a home with a minimum down payment of five per cent if the purchase price is less than $500,000. If the purchase price is more than $500,000, you are required to put five per cent on the first $500,000 and 10 per cent on the balance. So, for example, if the purchase price is $650,000 then you must put at least $40,000 as the down payment.
It is important to note that for insured mortgage loans, the maximum purchase price or as-improved property value must be below $1 million. The borrowers can transfer the mortgage loan insurance from an existing home to a new home and may be able to save money by reducing or eliminating the premium on the financing of the new home. Since there are different products available from individual lenders and are subject to a lender’s guidelines, it is important to talk to a mortgage expert who can analyze your situation, present several options, and help you decide which product works best for you.
WHERE DO YOU GET MORTGAGE DEFAULT INSURANCE?
HAYWARD LAKE STAVE RIVER MUD BAY HATZIC LAKE FraserRiver FaserRve G ge F guson Way P donv le Rd ColumbiaSt O dYa e Rd uHd LyonRd 24S McManRd 92 A 314t GrosvenorRd 02402S 021t hJonodRn Wen GrndS RveSed oBnonRd 112 Ave 102 Ave 100 Ave 207S Hi crest Ave 53 Ave Che y A 114S 34 Ave 58 Ave 112 A 68 Ave LowerSumasMountainRd WetviewD 32 A e 108 Ave Kanaka Way 32 Ave aburnum Ave Delair Rd 75 Ave S41 76 Ave 98 A 154St 27S 14 h Ave 16St eahWBvd 189S 93 Ave TelegraphTrl 0 29 Ave 6stSt 104AveBeecherSt 18 Ave 142 28 Av 58 A e 44 Ave MapleCres 521A22 Ave WhaomRd 112 Ave 36 AveS651 10 Ave 671a 177bS 212S 104 Ave105Ave AhS MuSmasountainRd F d Rd 54 Ave 62 Ave 52 Ave SaonRd TransCanadaHwy TransCanadaHwy TransCanadaHwy Trans Canada Hwy TransCanadaHwy FraserHwy FraserHwy FraserHwy Fraser Hwy Fraser Hwy Lougheed Hwy LougheedHwy 16 Ave 16 Ave16 A e 16 Ave 16 Ave LougheedHwy231312S132 64 Ave64 Ave64 Ave 64 A e 96 Ave 96 Ave 12S120 125a 218St 104 Ave 104 Ave 105 Ave S02 GiKngeogeBvd gKnGogrBvd S51 152S 148 512 20S 02020S0S 201t S881616 618 S861 S Frase Way 421 28S 24 A e 24 Ave 28 Ave 96Ave 96 Ave CbroorekdR 041t318410 S141444 616100160 8141S4 184S14S184 60 Ave60 Ave 108 A S14 PcaHw 841S GloverRd 232 22S32S2t232 MtLehmandR 264S 624S 264S 6S42 88 Ave 156S 16S 00 ySumasWa 028S S08208St 21S6 216216S26S 228S4248t48 28t4 56 A 56 A 56 Ave aGdwndR 148S 0 Ave 0 A 0 Ave 0 Ave 0 AveS272272 MCaumRd 192192 7th Ave 72 Ave72 Ave S176 OldYa e Rd 40 Ave 68 Ave 68 Ave18S 48 Ave R 124S 84 Ave 84 Ave 617S176 36 Ave 32 Ave32 Ave 211 NohRd 240St 20S4 240S56 Ave Best A e 82 Ave St818 Vye Rd Vy Rd 100 Ave 251S 80 Ave 80 Av 8 Ave 8 Ave 4 Ave 809Ave1219S192 918S BadneRd CderS 810 68 Ave 60 A 314S 32S 140S H t gd Rd 144t 614 42 Ave eeLeLvueeRdvuedR61S Harr s Rd Ha r s Rd 92 A e t22S4422 24S S652t652 256 56 Ave D Rd 208S 88 Ave 272S 40 Ave 40 Ave 92 A 2272St72S SveakSe RiversdeRd 216 OldYaleRd 224S 618 64 Ave 64 Ave 24 Ave24 A 20 A20 Ave20 A 244S 614S061S HarvieRd 916 28 A KeysoneAve SFPR osRd CumberlandSt F ase River FraserRiver Fraser R ver 110 Ave 110 Ave 9996AveAveGraceRd92Ave 72 Ave 72 Ave 84 Ave82Ave 80 Ave76 Ave 88 Ave 88 Ave 88 Ave116S OldYale Rd Kittson Pkwy British Columbia HwyNew McLe Rd Hyland Rd Fraser River F ase R ver RdHarris RdBaynes R DewdneyverRdTrunk Rd Dewdney Trunk Rd Dewdney Trunk RdugheedHwy St240 StLaity AllardCrescent St208 GloverRd Colebrook Rd Grade Cres ent VancouverBlaineHwy Buena V s a Ave Pacific Ave No h B uff Rd RdGlenmore RdLehmanMt RdTownline O und Rd Townsh pline Rd SBuea AbbosordMsonHwy Mar hall Rd B KingARd OldC ayburnRdMac ure Rd deBR Ba eman Rd Marsh Rd S mpson Rd CearbrooRd BritishColumbiaHwy SHome paDrerS FraserRiver FraserRiver Fernda e Ave FraserRiver Keysto eAve SFPR SFPR 10 15 15 99 99 17 17 91 15 13 11 11 10 10 10 10 1A 1A 1A 7 7 7 7 1A 1 1 1 1 Colebrook Rd adedRnrB HOT SURREYPROPERTIES–LANGLEY – ABBOTSFORD – MISSION NEW HOMES NEW CONDOS 0 2 Av 7 6 1.SURREYPARKGEORGE 9908 King George Blvd 604-583-9866 parkgeorge.com 2. DISTRICT NW University Drive & 105 Avenue thind.ca 3. CENTURY CITY HOLLAND PARK 13583 98 Avenue centurycitysurrey.com 4. PURA 105 Ave & 132 St mypuracondo.com 5.LANGLEYALDERGROVE TOWN CENTRE 3100 272 Street atcliving.com 6. HAYER TOWN CENTRE 76 Avenue & 200 Street 604-800-9662 hayerbuildersgroup.com 7. THE HIVE AT WILLOUGHBY 206222 80 778-686-8572Avenue thehivewtc.com s 4 1 1 2 3 32 4 HAYER TOWN CENTRE A MODERN MASTER-PLANNED COMMUNITY IN WEST LANGLEY 338 CONDOMINIUMS WITH SOLARIUMS ONE-OF-A KIND AMENITIES 35,000+ SQFT OF SHOPS & SERVICES HAYERBUILDERSGROUP.COMNOWSELLING 20 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
nexthome.ca 21
LOVE AT FIRST SIGHT AT HAYER TOWN CENTRE “ ” ... if at some point in the future we decide to downsize, this would be a perfect retirement home for Emerson and me. BUYER’S PROFILE by SUSAN M BOYCE
MARITES AND EMERSON
The couple signed a sales contract on the spot for a top-floor two-bedroom home. Marites’s cousin also purchased on the spot, and a week later, her second cousin bought as well. Hayer Town Centre had become a family“Bothtradition.mycousins are coming out for a visit in September,” Marites says. “It’s going to be so exciting for all of us to see it together. And, if at some point in the future we decide to downsize, this would be a perfect retirement home for Emerson and me.”
THE PERFECT SPACE
There was one feature, though, that instantly sealed the deal—the solarium. No tiny afterthought, this bonus space almost doubles the size of the already generous living room. And the coolest part? The glass-panel windows on both sides completely retract into the wall, creating the feeling you’re sitting on an open porch. “I’ve never seen any condo with a balcony or deck like this,” Marites says. “It’s absolutely brilliant what they did.”
One thing about Marites and Emerson, they know what they want in an investment property and they’re not afraid to act. Okay, so that’s two things. “We’d been looking for about a year, although we’d never been out to this neighbourhood.” Marites laughs. “But the really funny part was that as we pulled into the parking lot, I heard a text come in from one of my two cousins in Edmonton. They were both also looking for investment properties in Vancouver, and she’d just sent me the link to Hayer Town Centre asking me to check it out forMaritesthem.”immediately called back. “We’re sitting right outside. Do you want to go on a video walkthrough with us?”
Everything about the presentation centre impressed the three potential buyers. And when Marites and Emerson stepped into the two-bedroom show home, it was definitely love at first sight. “The spaciousness, the way the rooms are designed, and just how well thought out everything is—it was perfect,” Marites says, adding the kitchen and bathrooms are “awesome.”
Hayer Town Centre is located at 19926 – 76th Avenue in Langley. Visit hayerbuildersgroup.com/hayertowncentre for more information. Emerson and Marites in the presentation centre at Hayer Town Centre.
WHAT IS A WALKTHROUGH?DEFICIENCY
ADVICE | INDUSTRY EXPERT
The deficiency walkthrough is the crucial last step in your home-buying process before taking ownership of your pre-sale home. Prior to completion, you should receive a “Notice of Completion Date” from the developer’s agent. This is usually 10 days prior to completion, but the timing can vary. Homebuyers have the right to do a walkthrough of the home prior to its completion, which can only occur if construction is complete and the city issues an occupancy permit to the developer. YOU
SHOULD DO WHEN YOU FIRST GET THE KEYS 22 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
THE PRE-SALE HOME INSPECTION WHAT
REIMERBRITTANY
A pre-sale home is the perfect fit for a homebuyer who prefers a brand new, ‘move-in-ready’ home with personalized interior design accents. It’s crucial to understand the process of buying a pre-sale home so that it runs smoothly, and that all surprises are avoided. This guide will focus on the key things to look out for, what questions to ask, and what you need to know prior to the deficiency walkthrough of your new home.
KEY THINGS TO CHECK FOR DURING YOUR WALKTHROUGH As a first step, make sure you check that the functions listed below are working correctly to avoid disappointment and back and forth navigation.
• Cabinets, walls, floors: Check all of these surfaces for chips and/ or cracks. Additionally, there should be no condensation gathering anywhere.
• Faucets, showers, appliances, electric: All of these elements should function properly and be damage-free.
WHAT TO BRING TO THE WALKTHROUGH While it’s recommended to bring your realtor and even a trusted friend to function as a second and third set of eyes, it’s also crucial to have your sales documents and deficiency checklist on hand. Having the sales documents with you means you can make sure that all paint colours, upgrades and finishes are what you selected in the sale process. The deficiency checklist helps itemize and outline deficiencies for you to look out for.
GO BACK AND CHECK YOUR CONTRACT
Brittany Reimer is managing director of MLA Canada’s Fraser Valley branch. Brittany uses her experience, relationships and passion for the real estate marketing industry to help push MLA into a new frontier.
NEXT STEPS The next step after your walkthrough is to take note of anything missing, as your home warranty is still in effect. If anything is noticed, a plan will be put in place by the developer and realtor to execute any changes needed. Always remember, it is not unreasonable to see a few deficiencies in your home upon closing. While the goal is always to avoid deficiencies, individual tastes and unit considerations mean that there are often a couple of items that will require your attention.
• Landscaping and ground surfaces: The outside of your home is as important as the inside. Are the grass and plants to your liking? Are the porch, deck and patio areas what you expected? Check any paving, as it should also be level and free of cracks and chips.
nexthome.ca 23
• Doors and windows: All windows and doors should be opening and closing smoothly and securely, with pristine glass.
Once the walkthrough is complete, compare your findings to your contract to ensure that what you requested to be finished is indeed spoken for. We understand that things can be missed, but it’s in your best interest to do your due diligence and cross-reference your list to make specific notes if your requests were not considered.
Most developers schedule the date of a walkthrough over the course of several weeks, but don’t be surprised if your walkthrough is only one or two days before completion. The developer will have either a customer service representative or one of their agents — or both — join the walkthrough. Afterward, they will present you with a list of any noted deficiencies for you to acknowledge. It is always recommended that you bring your realtor along to review the list with you prior to signing.
+MORE ADVICE ONLINE nexthome.ca/news/advice
HOT PROPERTIES BueMountanSt CoaMtserdandR eNlsoAnve DaceCommrilr StAndrewsAve Dewdney TrunkRd BdRdyranuodRyradnuoB 6thAve iPnetreeWay Venables St ColumbiaSt EwenAve SchoolhouseSt WestwoodSt Canada Way CanadaWay PorierSt VctoriaDr RupertSt MarmontSt 92 Ave Panorama Dr nyTeSt EarlesSt Dundas St EdmondsSt MarineDr BraidSt yudnMSt Runnel Rd ParkwayBlvd CitadelDrpuRertSt MaryHilRd GarndBvdE Keith Rd E BdarynuoRd ge St ttersonAve estminster Hwy N FraserWay 14thA Griffiths10thAveDr ve 16thAve 112 Ave yealGAve E8thAve PortetSr 108 Ave 8thAve ProductionWay 75 Ave 84 Ave 76 Ave 98 AveyellahWBlvd Lincoln Ave dgrbniaBeAve 6stSt12thSt 104Ave kcHiey Dr Glen Dr ShKgntt Oakland St caMPheevAnosr 112 Ave FraserHwyS231t132St KnghtSt 96 Ave 128St 218St 104 Ave 105 Ave S021t ShaughnessySt 201St S861t SE Marine Dr Marine Way 041St318St410St S144t 10thAve 61610St0St160St108 Ave S414t fRenrewSt SRupertt RiverRd 841St 156St 156St MtSeymour Pky MarnaWrey PittRiver Rd Austin Ave ClarkDr GaglardiWay 841St124St 84 Ave 84 Ave S211t 82 Ave PipelineRd 100 Ave 251St 80 Ave David Ave BritishColumbia Hwy 312St 614St 92 AveNo6RdNodR6 Winston St S618t RiverRd SFPR Trinity St AveDuthie Broadway Halifax St AveSperlingAveKensingtonAveSpringerAveDeltaAveGilmore ggWillinAveWillindonAve Curtis StParker StDrVictoria E DundasEBroadway1stAveStRenfrewStMcGillSt RdJacombsSidawayRd FraserRiver StKnight Fraser River debNumr7R ElliottSt SKerrt Moscrop StBond St BurrisSt Burke St AveSmith AveSussex RumbleByrneStRdMarine WayMarine Dr Imperi ImperialStyaloRAveRoyalOakAveDeer Lake Pkwy CumberlandStCaribooRd abuoCEm dRhNort 314St Fraser River GrosvenorRd KiGBldvegroegn StRobinson United Blvd Alderson Ave Rochester Ave BrunetteAve DawesHillRd Smith Ave StLinton Fraser River PittRiver EasternDr StBroadway StOxfordShaughnessySt Wilson Ave KingswayAve oMraySt MarinerWay Guildford Way hoJnsonSt FraserRiver FraserRiverBoydSt 110 Ave 110 Ave 99 Ave96 AveGraceRd92Ave 72 Ave 72 Ave 84 Ave82Ave 80 Ave 76 Ave 88 Ave 88 Ave 88 Ave116St OldYale Rd NordelWay SFPR River Rd 1 1 17 17 91 91 99 1A 91A 7 7 7 7 1A 1A 7B 7A 7A 1 1 Como Lake Ave Clarke Rd ClarkeRd Murray StGDreryane ClDreceGaglardiWay University Dr W College Park WayGatensburyStBurnabyMountain Pkwy SFPR E 54th Ave BURNABY – NEW WESTMINSTER NEW HOMES NEW CONDOS 5 g 4dnWilli 16 n 14A 15 2 6 3 8 13 9 10 1 Pat 11 yalOA12mp rial 7 tS 18 1.BURNABYCONCORD METROTOWN Nelson Ave & Kingsway concordmetrotown.com 2. JUNEAU 604-299-9191 juneaubyamacon.com 3. CEDAR CREEK 7166 14th 604-529-8868Street liveatcedarcreek.com 4. ALASKA 4455 Alaska 604-299-9191St alaskabyamacon.com 5. BORDEAUX 4247 Lougheed Hwy bordeauxliving.ca 6. ECLIPSE BRENTWOOD 2463 Beta Avenue thind.ca/eclipse 7. O2 METROTOWN 6620 Sussex Ave o2metrotown.ca 8. AZURE SOUTHGATEAT CITY 7662 18th 604-544-8800Street azureatsouthgate.com 9. THE STANDARD Metrotown thestandardbyanthem.com 10. SLATE 5180 Lougheed Hwy slatebybeedie.com 11. CONCORD SKY-HOUSE 4750 Kingsway concordmetrotown.com 12. POLARIS METROTOWN 6699 Dunblane Ave 604-565-7733 polarismetrotown.com 13. NUVO 6075 Wilson Avenue nuvobyanthem.com 14. THE AMAZING BRENTWOOD 4567 Lougheed Hwy 604-298-7314 theamazingbrentwood.com 15. SOLO 4 2131 Willingdon Avenue 604-298-8800 soldistrict.com 16. OASIS AT BRENTWOODCONCORD 4863 Dawson Street concordbrentwood.com NEW WESTMINSTER 17. MOODY ON THE HILL 228 6th Street 778-895-5533moodyonthehill.com 18. THE KEARY 230 Keary Street thekearybywesgroup.ca s17 24 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
HALIFAX ST N TOWER SIX ANDCENTREPRESENTATIONFUTURERETAILNEIGHBOURHOODS NEIGHBOURHOODONEAVEWILLINGDON LOUGHEED HWY NEIGHBOURHOODTWO
sales team at info@o2metrotown.com or 778.886.8280 to learn more. Don’t miss this exciting opportunity to be part of the new evolution of
It’s where wellness and luxury merge, a unique residence that integrates vitality with the best of modernIntroducingsophistication.O2byKeltic.
CELEBRATE WELLNESS IN EVERY HOME
Standard in every two-bathroom home is an enclosed steam shower with intergrated aromatherapy reservoir to help flush away toxins, improving circulation and reduce the stresses of the day. Every home at O2 features an advanced water filtration system that removes 99.9 per cent of impurities for better digestion and glowingly healthy skin. Tastes better, too. Each suite also includes a commercial-grade air purification system that removes up to 135 per cent more particles than typical buildings, and benefits include protection against disease transmission, better sleeps, plus reduced allergy and asthma symptoms.
CURATED WELLNESS AMENITIES
luxury wellness residences, register today at O2Metrotown.com. Contact the
Located on a quiet, residential street in the heart of Burnaby’s Metrotown neighbourhood, O2 will be comprised of 285 healthinspired residences ranging from studio to three-bedroom that include a diverse array of amenities to complement the best of healthy living. Here, you’re just a four-minute walk to Metrotown SkyTrain Station and a short stroll to the 220-acre Central Park with its network of walking and cycling trails, pitch and putt, tennis courts, picnic tables, and so much more. There’s also shopping delights at Metropolis Mall, restaurants that bring culinary treats from every part of the globe, and a diversity of arts and cultural pursuits that will leave you breathless.
Inside your O2 home you’ll discover luxurious finishings, thoughtful design, and a trio of innovative features designed to enhance your wellbeing and reduce stress.
O2’s extensive array of amenities includes a state-of-theart fitness studio with secure children’s play area, yoga room, infrared Himalayan salt sauna and a rooftop terrace with fruit trees and community garden plots. Gathering spaces are curated for enhanced communication and socializing. Host friends in the outdoor lounge and kitchen or move the party inside to the multipurpose room with chef’s kitchen, dining table and media area. O2, Metrotown’s O2 wellness
PROPERTY PROFILE+LOCATION Metrotown BUILDER Keltic Development HOME TYPE Highrise REGISTER TODAY O2Metrotown.com SALES TEAM 778.886.8280 O2 THE EVOLUTION OF WELLNESS To receive VIP access to
living. 26 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
DesignedHomes for the Evolution of Wellness 02 Wellness Features Discover the top wellness development in the region, where unparalleled health-first features are incorporated into every home to improve your wellbeing. Sophisticated Studio to 3-Bedroom luxury wellness residences in the heart of Metrotown, Burnaby. The developer reserves the right to make changes, modifications or substitutes to the building design, specifications and floorplans should they be necessary. Renderings, views, and layouts are for illustration purposes only. Sales powered by MLA Canada Realty. E.&O.E.
NEIGHBOURHOOD PROFILE Metrotown is the largest of the four Burnaby official town centres in its southwest quadrant. Four decades ago, Metrotown wasn’t the office hub, shopping destination, and development hot spot that it is today.
LIFESTYLE If you are a fashionista, you came to the right neighbourhood. If you love the night life, ditto. Metrotown is renowned as much for being a shopping Mecca as it is for its arts and culture. This enclave is home to more than 500 shops … this is not a typo.
great energy, good shopping, wonderful dining, fantastic parks; Metrotown seems to have it all.
mEET THE NEIGHBOURS You’ll find a large immigrant population here, with nearly 40 per cent whose first language isn’t English. You’ll see families, young hipsters and Baby Boomers wandering about. The average household income is just under $50,000. With the boom in upscale condo towers going up here, it is safe to assume that will change in the ensuing years. IN THE aREa This neighbourhood features easy access to a contemporary library, schools, parks, playgrounds, recreation centres, other amenities, and did we mention shopping? by MICHeLLe HoPkIns burnaby
28 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
THE vIBE Transit has fueled the growth in Metrotown over the last decade, becoming a much-talked about urban centre that is socially, economically and culturally diverse. There’s metrotown
PLaNES TRaINS & aUTOmOBILES
crystal mall Crystal Mall is the largest ChineseAsian Mall in Burnaby, showcasing a plethora of stores, public market, food court, computer lane, and more, including the HILTon Hotel and convention facility, which anchors the east side of the mall. nexthome.ca
Residents have embraced commuting via public transit and Metrotown Skytrain Station to the tune of 53 per cent - currently the highest in all of Metro Vancouver.
29
REaL ESTaTE (NEw BUILDS) Metrotown is in the process of being redeveloped into the downtown centre of Burnaby. Metropolis Metrotown Mall will be revamped into a huge mixed residential, office and retail complex, and will include large projects from Concord Pacific, Intracorp and Anthem. Currently on the pre-sale market, Concord Metrotown will soon be home to the tallest building in Metro Vancouver, and Anthem’s The Standard will continue their legacy that started with the recently-completed Station Square master-planned complex. This diverse cultural, dining and shopping mecca has Skytrain access to the rest of Metro Vancouver, a lively restaurant row and much happening in the future, so keep an eye out for new development announcements.
deer lake park A beloved cultural and natural hub to both residents and visitors alike, Deer Lake Park, which encompasses Deer Lake, Burnaby Village Museum and the Burnaby Art Gallery, is the perfect spot to spend an afternoon exploring its many jewels. metropolis at metrotown It is the second largest shopping centre in Canada. This mall draws a staggering 28 million visitors each year.
HoT spots
A HOME OR CONDO
30 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
mORE CONTENT ONliNE nexthome.ca ADVICE
“Home” means something different to everyone. Many new homebuyers opt for a condominium for the sheer convenience it offers, with exterior maintenance and the cleaning and upkeep of shared amenities handled for them. It means immersing themselves in vibrant, bustling urban surroundings, just a walk or quick bus or subway ride to local amenities. They enjoy walking out of their private cocoon into an animated street life, with shoppers and diners hurrying to their refers to a house on a spacious country lot with room for a playset and a pool. They may choose a large single-family home with back and front yards where they can garden to their heart’s content. Still others prefer suburbia, where kids can ride their bikes along familiar streets to play with their friends. The great news is that nowadays, you can find an array of new homes and condos that fit just about any lifestyle. Then consider design. Some buyers prefer the clean lines of modern styling; others gravitate to the more traditional or contemporary. Again, you will find a wide variety of architectural designs and interior layouts. Look around at what looks like “home” to you. When you purchase new, as long as you buy early in the selling cycle, you also have the opportunity to select the features and finishes that extend that feeling to your immediate surroundings.
FOR EVERY LIFESTYLE+
| REAL ESTATE PRO
lAWBARBARAlOR
Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com
Fordestinations.others,home
I know that today’s prices are high, but I still suggest buying as much new home as your wallet will allow. This goes for both investors and end-users. Investors want to appeal to as broad a spectrum as possible when it comes to renters. If you plan to live in your new home, remember that someday you will sell it, so you also want to appeal to the broadest market possible. So, what does this mean when you shop? As an example, if you are looking at a condo, the price between a one-bedroom and one-bedroom plus den is likely fairly small. If you are able, go for the plan with the den, which can someday be someone’s office, studio or nursery. Think about it from the eyes of future potential purchasers. Think about location, as well. New homes and condos in up-and-coming areas that are more financially feasible right now are sure to increase in value once the surroundings are built up, with shopping and other amenities. By all means, shop according to what will fit best with your commute, but think about others, as well. Is public transit and/or access to highways nearby? How about schools for families with children? Proximity to medical care will be important to seniors, so if that is your target market, how close is the nearest hospital or clinic? When you look at new homes and condos, by all means search for the perfect idea of “home” to you. And for the future, give a thought to who else might want to purchase it someday. Regardless, in the long run, real estate will likely be the best investment you ever make.
NEW
HOT PROPERTIES 1 1 16 Victoria Duncan Pemberton Bella Coola Vanderhoof Quesnel Kitimat BurnsHoustonLake Fort St. James Williams Lake Sechelt Vancouver BurnabySurrey KamloopsMerritt SalmonColdstreamArmstrongArmVernon PentictonKelowna Nelson Cranbrook FernieCastlegarKimberleyTrail NanaimoAlberniPort PowellRiver HardyPortMcNeillPort CampbellRiverCourtenay GeorgePrince Rupert Vancouver Island Washington OUT OF TOWN NEW HOMES NEW CONDOS 4 1 3 Kelowna2 1.NANAIMOGIBSONS EAGLE VIEW 875 Gibsons Way eagleviewheights.com 2.KELOWNAWATERSCAPES 250-763-8313 ledmac.com/waterscapes 3.SECHELTEDGEWATER AT POIRPOISE BAY 5915 Beachgate Lane onnie.com 4.LANGFORDTHESCENE 2746 Peatt Road livethescene.ca236-259-4202 nexthome.ca 31
32 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
LIVE
Welcome to Langford, voted one of Canada’s most livable communities and one of the best places to work in B.C. The sheer diversity of outdoor recreation within minutes is nothing short of astonishing—parks, forest, hiking, golf, lakes and the Pacific Ocean. And best of all, even though every urban amenity you crave is close at hand, there’s still the ambience of a friendly town. So, it’s no wonder savvy homebuyers have responded with enthusiasm to The Scene, a dynamic new condominium residence conveniently located in the heart of Langford. “Response to these one-, two- and three-bedroom homes has been overwhelming, with over 70 per cent sold,” says Darryl Price, vicepresident at The Agency Real Estate Marketing. “In fact, we’ll be closing the sales centre soon, so now is the time to purchase a brand-new home here. “The Scene will be the two tallest, mixed-use towers in Langford, the first concrete residence in the downtown core, and the only condominium with a concierge,” Darryl notes. “Plus, there will be all the urban conveniences like parcel lockers for deliveries, private storage lockers, an on-site daycare, and three levels of professional offices above the ground floor retail. And every parking stall is EV ready.”
PROPERTY PROFILE THE
DAZZLING AMENITIES Sure to become the envy of family and friends, The Scene’s indoor and SCENE LANGFORDAT WITHOUT LIMITS
LOCATION+ Langford BUILDER Evantra Developments HOME TYPE Highrise SALES CENTRE 2746 Peatt Road CONTACT livethescene.ca or 236.259.4202 nexthome.ca 33
Spa-inspired bathrooms create a relaxing retreat at the end of the day with porcelain tile floors and shower/ tub surrounds, floating vanities and a contemporary frameless glass shower in each ensuite.
STYLISH LIVING
outdoor amenities span 15,000 sq. ft. across the fourth-floor podium connecting the two towers. When it’s time to celebrate, check out the party room with catering kitchen. Or invite the gang for a barbecue and al fresco dinner on the spacious garden terrace, perhaps featuring a salad of fresh greens from your garden plot. Kids have their own playground, and when you’re ready to get fit, there’s a fully equipped fitness room. Of course, all that’s for days when you’re not out cycling or hiking the local forest trails, fishing in the nearby rivers and lakes, or paddling past the magnificent, forested coastline. After all, choice is good, and at The Scene, your choices are plentiful.
Inside, you’ll discover contemporary homes with panoramic views and meticulously curated finishings. Luxury plank flooring enhances the sense of flow and visual warmth, while picture windows fill each space with natural light and frame the amazingKitchensviews.are unabashedly upscale with imported Italian cabinetry, a Fisher & Paykel refrigerator with ActiveSmart technology and builtin ice maker, plus elegant quartzite stone countertops—everything a foodie could want and more.
HIGHER EDUCATION Just announced is yet another enticement. Directly across the street will be a $98 million, mass timber university. A collaboration between the B.C. government and four institutions—thepost-secondaryUniversity of Victoria, Camosun College, Royal Roads University and the Justice Institute of British Columbia—the campus is anticipated to open to approximately 600 students in 2024. In addition to classrooms and labs, there will be flexible learning spaces and dedicated Indigenous gathering rooms. Don’t miss this exceptional opportunity. Homes priced from the low-$400,000s—that’s more affordable than many nearby woodframe buildings—with construction scheduled to begin this fall. The Scene is located at 2746 Peatt Road but hurry because the presentation centre closes soon. Visit livethescene.ca or call 236.259.4202 for more information.
34 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
MASTERING THE HOMEBUYING MARKET
The two questions I am regularly asked since the pandemic are where the housing market is headed, and if now is the right time to buy. There are certainly some challenges these days if you are looking to purchase a home in Metro Vancouver. Demand for housing continues to surpass the supply of housing stock, and until a closer balance is achieved, Metro Vancouver will continue to be a seller’s market Housing supply is a complicated issue, and one that will not be solved overnight, even with the intervention
RAPPRON of governments at all levels to address theHousingchallenges.inventory continues to lag behind demand and will do so for the foreseeable future as the industry faces serious labour shortages and challenges with material supplies due to the global impact of the pandemic. Delays, and “red tape” at the municipal level with zoning, approvals and permits complicate delivery of new housing stock, and on the resale side, with the uncertainties in the marketplace and recent double digit increases in property values, many owners are electing to hold on to their homes, further exacerbating the supply-side issue. Add in Canada’s plan to ramp up needed immigration to mitigate the labour shortages and
ADVICE | HAVAN REPORT
The HAVAN’s Masterclass series speakersthis exerts even more pressure on the housing market.
Shayne Ramsay, B.C. Housing CEO, explores the benefits and challenges of buying versus renting to help decide if homeownership is the right choice for you. Randy Chin from RBC shares how to find mortgage options for people who fall into those ‘grey areas’ – people new to the market and or self-employed.
Tony Gioventu, CEO of the Condominium Home Owners’ Association, notes if buying into a strata, your home is not quite your own, and shares key information and resources.
buyers need to know if the risk-to-reward ratio is right for their personal circumstances. By increasing one’s awareness of the market and buying strategies, the perceived challenges will begin to become more manageable. Having worked in development and the housing industry for more than 40 years, I can safely say, doing your homework is essential when you are making one of the biggest investments in your life. Now you can learn from industry professionals with a personal approach through HAVAN’s Masterclass series, featuring six veterans of housing sharing their journey into homeownership with tips, market insights and their personal home-buying mistakes. Empower yourself. Check tohavan.ca/home-buying-masterclass/outaccessthisfreevideoseries.
+MORE ADVICE ONLINE nexthome.ca/news/advice Representing the home building industry in Metro Vancouver since 1974, the Homebuilders’ Association Vancouver (HAVAN), a not-for-profit society is proudly affiliated with the provincial and national Canadian Home Builders’ Associations. Visit www.havan.ca Follow Ron @HAVANofficial or email ron@havan.ca
The Bank of Canada is raising the prime interest rate to control a sharply rising inflation rate, driving up the cost of borrowing and adding to the pressure on first-time buyers looking to get into the market before further increases are realized. The prime rate has already bumped up a few times since January with another increase anticipated before the end of As2022.afirst-time buyer, it might appear too daunting and too complicated to purchase a home in Metro Vancouver, however, looking back over the past 20 years, the overall risk has been offset by the gains, and buying a home is still one of the best investments one canFirst-timemake.
Scott Brown, of Fifth Avenue Marketing, discusses his ‘10year window’ to help ease hesitations and fear of pre-sales.
Robyn Adamache from Canada Mortgage and Housing Corp., steeped in data research, advises you cannot time the market, and says timing is not the key to success.
nexthome.ca 35
Taylor Biggar openly discusses his personal buying history from the age of 14, and the benefits of delayed gratification by living at home with mom and dad for a few more years.
HOT PROPERTIES Grant McConachie Way GardenCtyRdMinoruBlvd CapstanyGWayardenCitRd Sea Island Way RussBakerWay nraBardDr SAlbatnsRd ShKgntt Granville Ave Westminster Hwy Steveston Hwy Williams Rd Bridgeport5NRdoRd Francis Rd dR3No R4NodNo4Rd RShelld No2RdoN1Rd Cambie Rd River Rd ShellRd Rd5No RdJacombsFRdGilbertraserRiver Blundell Rd RdSidawayBlundell Rd AveRailway River Rd 99 RICHMOND 100 Ave 6thAve ColumbiaSt EwenAve LyonRd 92 AveDerwentWayClivedenAve OldYale Rd 114St 8thAve 75 Ave 84 Ave yellahWBlvd 12thSt 104Ave 112 Ave FraserHwyS231t132St128St 218St S021t GiKngeorgeBlvd 201St 041St318St410St S144t144St 68 Ave124St S211t 100 Ave S 314St 312St SFPR FraserRiverBoydSt 111 Ave 110 Ave 9996AveAveGraceRd92Ave 72 Ave 72 Ave 84 Ave82Ave 80 Ave 76 Ave 88 Ave 88 Ave116St 115 Ave OldYale Rd NordelWay SFPR 17 17 91 91A NORTH DELTA NEW HOMES NEW32CONDOS4 Deltaport Way EnglBhsiluffRd 12 Ave 16 Ave 6 Ave 56St 1 Ave 3 Ave S46t 25St S65t 36 Ave 28 Ave TsawwassenDrN 17 10 17 17A SFPR TSAWWASSEN 1.RICHMONDMINORUSQUARE 5740 Minoru Blvd thind.ca/minorusquare 2. LUXE LANSDOWNE Lansdowne Road & Number 3 Road luxelansdowne.com 3. PARK RESIDENCES II AT MINORU PARK 6333 Mah Bing Street 604-563-8899 parkresidences.ca 4. RC RICHMOND 6331 No. 3 604-788-6608Road 1 36 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
Photo Marshalls+Winners: Our design experts share their top tips for incorporating colour into the main rooms of your home Colour your world by SARA DUCK “This season, we’re loving the ‘new neutrals,’ everything from mood-boosting mint and sage green, to terracotta, ochre, blush pink and bright blue. These colours are an easy way to add a seasonal hit of colour to your existing outdoor decor. – Sheila Magro, design expert, Winners, HomeSense + Marshalls Outdoor INSPIRATION | home decor nexthome.ca 37
– Designer Brenda Danso, Brenda Danso Interior Design
Photo GokuleJanelle:
Bathroom
– Designer Lisa Kooistra, Lisa Kooistra Designs
Bedroom
38 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
Photo: Blynda DaCosta “When you think of adding colour to your bathroom, wallpaper may be the last item on your list. However, adding wallpaper is a great way to brighten up a small powder room. The powder room is self-contained, so you can go bold with colour and pattern. If the idea of covering the entire room is a bit too much for your taste, you can accent one wall. Your powder room will not only feel stylish, but also cozy and inviting.”
“Bedding and colourful throw pillows are one of the easiest ways to reintroduce a colour into a bedroom. If you aren’t sure which pillow colours best fit your space, look around your room and see what is already there. Think about if you’re drawn more to earth tones or vibrant hues. Keeping your main pieces in neutral shades helps with longevity, while creating impact in the smaller details.”
Photo ChajeckiMike: Kitchen
“A simple and stylish way to incorporate colour in your kitchen is through painted cabinetry. I like to use a dominant colour on the island and or range hood for the biggest impact, paired with a toneddown contrasting colour on the kitchen cabinets.”
– Kate Davidson, Kate + Co Design Inc.
“Let’s face it, laundry room design can be boring. By adding unexpected colour and punchy patterns, you can create maximum effect in a space that can often seem utilitarian. With this laundry room project, I injected pastel pink into the cabinetry and played up the walls by adding decals, so my clients could wash and fold in style.”
Photo ImagesChajeckiMike: Laundryroom nexthome.ca
– Designer Patti Wilson, Patti Wilson Design
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“Through pops of colour on key accent pieces such as pillows, ottomans and an armchair, a living room can be brought to life.”
“When it comes to smaller spaces like this dining room, I think a common choice is a light colour to make things feel brighter and airier. However, I am all about going bold on a small space, with a dark or saturated hue or even a bold (or super-textural) wallcovering. Despite the popular opinion that a dark hue can make a space appear smaller, I think it adds beautiful dimension and intimacy.”
– Designer Gillian Segal, Gillian Segal Design
– Hilary Matt, Hilary Matt Interiors
Livingroom DiningroomPhoto MeleNick:
Photo CaplanSeth:
Homeoffice Photo CulverMolly: “I personally love an office that has a moody element to it. These dark walls with the dark wood almost remind me of working in a library or study. The streamlined chair and desk lamp, along with minimal objects, keep the decor from being distracting and allow for an optimal thinking space.” – Designer Sarah Stacey, Sarah Stacey Interior Design nexthome.ca 41
HOT PROPERTIES MUD BAY Thrift 204St 314St hJonstodRn 53 Ave 34 Ave 58 Ave 68 Ave 32 Ave OxfordSt S411t 154St 271St 136St 1 BeecherSt 18 Ave 142St 28 Ave 58 Ave 44 Ave 36 Ave 156St 10 Ave 671aSt 177bSt 54 Ave 62 AveFraser H 16 Ave 16 Ave16 Ave 64 Ave64 Ave64 Ave 64 Ave 128tS120tS 125aSt S512t 152St 148St 51S2t 200St 02020tS0StS816t168St 618St tS421 28St1 24 Ave24 Ave 24 Ave 28 Ave S144t 81S4t18S4t 184St184St60 Ave60 Ave GloverRd 028St S280t208St Marine Dr 56 Ave 56 Ave 0 Ave 0 Ave 192St19tS2 S17t6 40 68 Ave 68 Ave 56 Ave 48 617St176St 36 Ave 32 Ave32 Ave iNcohlRd 8 Ave 8 Ave 4 810St 68 Ave 60 Ave 60 Ave 310St 140St 144St 42 Ave 061St 40 Ave 40 Ave 24 Ave24 Ave 20 Ave20 Ave20 Ave20 Ave 614St061St 28 Ave Colebrook Rd Kittson Pkwy British Columbia Hwy British Columbia Hwy Trunk Rd New McLellan Rd Hyland Rd Grade Crescent Vancouver-Bla Hwy CrescentRd Buena Vista Ave Pacific Ave North Bluff Rd 15 99 99 91 15 10 10 10 1ASOUTH SURREY – WHITE ROCK NEW HOMES NEW CONDOS 1. ALTUS WHITE ROCK 1526 Finlay Street altuswhiterock.com778-294-7794 2. THE BOROUGHS 2070 Oak Meadows Drive 604-531-677 theboroughs.ca 3. DOUGLAS GREEN 358 - 175A 778-862-8002Street 2 A na Vi V sta A uff 1 3 42 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
HOT PROPERTIES ENGLISH BAY Fraser River W King EdwardSAvewMarine Dr E Hastings St eNlsoAnve bmieOakSt DaceCommrilrversity Blvd NanaimoSt WalaceSt E 29th Ave E 22nd Ave ChancellorBlvd NelsonSt Venables St E 54th Ave FirSt QuebecSt BeachAve Canada Way Sw Marine Dr DavieSt VictoriaDr RupertSt MackenzeSt E 57th Ave Grandview Hwy VannessAveTyneSt W 16th A EarlesStRupertSt BdarynuoRd Grange St PattersonAve E Kent Ave N McGill St St yradoBunRd LahcrSt Dundas St caMPheevAnosrMMainStainStGranvilleSt W 16th Ave KnightSt OakSt BlenheimSt W 12th A E 12th Ave E 49th Ave SE Marine Dr CambieSt W 33rd Ave W 49th Ave fRenrewSt SRupertt SbDunart ClarkDr E 1st AveW 4th Ave Nw Marine Dr Low Level Rd Powell St Trinity St AveSpringerAveDeltaAveGilmore AveWillingdonParker St Terminal Ave DrVictoria E BroadwayStBurrard W 6th Ave W BroadwayWestbrookMall W 10th ave W 4th Ave StAlma W 41st AveArbutusStWestBlvd Fraser River River Rd SEMarine DrW 49th Ave ElliottSt W 4 Ave E 41st Ave SKerrt SFrasertE 33rd Ave W 33rd A E King Edward Ave Moscrop StBond St Burke St AveSmith AveSussex Imperial St OakyaloRAve 99 99 99 7 7 1A 1A 7A 1 VANCOUVER – DOWNTOWN VANCOUVER NEW HOMES NEW CONDOS 5 4 Av1512 7 10 rc 2 n2 1. CLARIDGE HOUSE 498 West 41st 604-941-8305Avenue polyhomes.com 2. GRYPHON HOUSE 6191 West 604.620.8295Boulevard gryphonhousevancouver.com 3. WEST WIND 2620 Acadia 604-260-8446Road 7. SHIFT 35th Ave & Quebec St. aragon.ca/shift 8. THE QE COLLECTION W 25, 26, 29 604-734-8883Ave theqecollection.com 9. 1818 ALBERNI 1818 Alberni St 1818alberni.com 13. GRYPHON NOVA Oak & 604-620-829567th gryphonnova.com 14. PARK 1698 West Georgia Street anthemproperties.com 15. GRACE Ash & W30th gracewestside.com 16. CURV 6 11 16149 13 17 1st A1 nexthome.ca 43
More comprehensionHigherlessattention,focuseddistractionandrecall(evenbyPreferredmajoritymillennials) Your trusted authority for the latest real estate news and trends Source: “What Can Neuroscience Tell Us About Why Print Magazine Advertising Works?” A White Paper from MPA–The Association of Magazine Media, Scott McDonald, Ph.D. Nomos Research, October 2015 PRINT morerememberReaders
HOT PROPERTIES CAPILANO LAKE ENGLISH BAY BURRARD INLET LonsdaleAve E Hastings St DaceCommrilr StAndrewsAve NanaimoSt HighlandBlvd NelsonSt Venables St FirSt QuebecSt 29th St E BeachAve 21stSt S15t DavieSt RupertSt EdgemontBlvd Grandview HwyW 16th Ave Dundas St W 1st St JonesAve GarndBlvdE Keith Rd E BdarynuoRd McGill St Main St athers Ave LarsonRd Dundas St StevensDr TransCanadaHwy e W 12th Ave E 12th Ave CapanoRd MtSeymour Pky ClarkDr E 1st AveW 4th Ave Dr Marine Dr W Queens Rd 3rdStW Low Level Rd Marine Dr Powell St Trinity St AveSpringerAveDeltaAveGilmore AveWillingdonParker St Terminal Ave DrVictoria E BroadwayStBurrard W 6th Ave W BroadwayW 10th ave W 4th Ave StAlma Dollarton Hwy 99 99 7 7 7A 1 1 1 HwyMountain NEW HOMES NEW CONDOS NORTH SHORE NORTH SHORE 1. PARK WEST 1633 Capilano Road parkwestliving.ca 2. EXECUTIVE ON THE PARK 660 Clyde 604-926-2398Avenue executiveonthepark.com 3. HAWKSLEY 3963 Uplands Way liveathawksley.com 4. BADEN PARK 904 Lytton Street badenparkbyanthem.com 5.SQUAMISHBRITANNIA BEACH BC 99 & Copper Dr 604-980-0016 britanniabeachliving.com 6. SEA AND SKY 604-559-7918 hellosquamish.com 7. REDBRIDGE 1606 Scott Crescent redbridgesquamish.com 1 y 4 2 3 3Ave 6Ave5Ave 2AveClevelandAveVancouverMainStStVictoriaSt BalleySt Buckley e Magee St GovernmentRd Industr al Way Finch Dr Raven Dr Robin Dr Pioneer St QueensWay LoggersLn Discoverywya GovernmentRd Depot GRdovernmentRdJudd Rd Mamquam Rd The BGaribaldiWay LoggersLnGuilford Dr Pemberton Ave GaribaldiAve Rverrd 99 9 99 99 BalleySt SQUAMISH 6 7 5 nexthome.ca 45
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NEW HOME & CONDO DEVELOPMENTS These listings are meant to offer a comprehensive overview of new home and condo developments currently being marketed throughout Metro Vancouver and the Fraser Valley. ABBOTSFORD Court MR 604-621-5888 Now Selling Downtown Gate TH 604-357-1943 Coming Soon Falcon Ridge SF 604-309-0540 From $789,000 High Street Village LR/TH highstreetvillage.ca Coming Soon McKenzie Mews TH mckenzie-mews.com Coming Soon Montvue LR montvueliving.ca Coming Soon Onyx at Mahogany LR 778-255-7099 Now Selling The Peak at Mountainview TH mymountainview.ca Call The Rail District TH raildistrict.ca Coming Soon BURNABY O2 Metrotown HR o2metrotown.ca Coming Soon Azure at Southgate HR azureatsouthgate.com Now Selling Bordeaux HR bordeauxliving.ca Call Byrnepark LR/TH 604-228-8530 Coming Soon Cedar Creek MR 604-529-8868 Call Concord Brentwood HR 604-435-1383 Call Concord Metrotown HR concordmetrotown.com Coming Soon The City of Lougheed 2 HR 604-328-7128 Call Contour Metrotwon HR contourmetrotown.com Coming Soon Crescent Court TH/LR Libertyhomes.ca Call Eclipse Brentwood HR thind.ca/eclipse Coming Soon Lumina HR/TH luminabrentwood.com Coming Soon Hamilton LR mosaichomes.ca Call Highline Metrotown HR thind.ca/highline Call Kings Crossing by Cressey PH 604-720-5357 Now Selling Maywood on Park HR 604-435-8866 Now Selling Nuvo HR nuvobyanthem Coming Soon Oasis at Concord Brentwood HR 604-435-1383 Coming Soon Oslo HR osloliving.ca Call Polaris at Metrotown HR polarismetrotown.com Selling Now Tailor HR 604-299-1001 Call Terraces at The Peak HR 604-559-5795 Call The Amazing Brentwood HR 604-298-7314 Call The Standard HR thestandardbyanthem.com Coming Soon Riviera HR rivierabyledmac.com Coming Soon Slate HR/TH slatebybeedie.com Coming Soon SOLO 4 HR 604-298-8800 Coming Soon Sun Towers 2 HR suntowersmetrotown.com Call CHILLIWACK Acadia at Garrison TH 604-991-5151 Call Base 10 TH 604-991-9951 Call Cedarbrook TH/SF 604-490-3451 Coming Soon Elk Creek Estates SF 604-316-4140 Now Selling Iron Horse SF/RH Ironhorseliving.com Call Lakeside at Cultus Lake LR 604-250-3662 Now Selling Malloway Village SF 604-961-5160 Now Selling Skynest LR 604-362-1505 Call Vista Green at the Falls TH vistagreenliving.com Call COQUITLAM Alina HR ownalina.com Coming Soon Allison LR mosaichomes.com Coming Soon Amber Gate TH 778-871-9532 Coming Soon Band HR band.townline.com Coming Soon Bastille LR bastille.porte.ca Coming Soon Baycrest West TH liveatbaycrest.com Call Burke Village SF/TH/LR burkevillage.ca Coming Soon Elmwood HR elmwood.marcon.ca Coming Soon Florin LR liveatflorin.com Coming Soon Forester Two TH forester.townline.ca Coming Soon The Heights on Austin HR theheightsonaustin.com Call The Robinsons Parkside CollectionTH 604-683-5441 Call Laval LR liveatlaval.com Coming Soon Linc MR livingatlinc.com Coming Soon The Oaks LR theoakscoquitlam.com Call Port & Mill LR portandmill.ca Now Selling Precidia HR precidiabyledmac.com Coming Soon Riley Park TH mosaichomes.com Coming Soon Sheffield SF mstarhomes.com Coming Soon Skagen TH 604-931-2283 Now Selling Skylark LR 604-451-8518 Coming Soon SOL HR 604-937-9688 Register Now Sophora at the Park HR 604-942-8416 Now Selling Sydney Townhomes TH 604-961-3559 Call Vue HR vueliving.ca Coming Soon West HR westbybeedie.com Call DELTA & TSAWWASSEN Boardwalk TH/DU/SF 604-306-2226 Call The Madison LR madisonresidencs.ca Coming Soon Peregrine LR 604-943-6677 Call Southlands SF/TH/LR discoversouthlands.ca Call South Grove TH southgrovehomes.com Call The 85 LR 85scottrdliving.com Call Tsawwassen Heights SF 604-271-7288 Call Tsawwassen Landing SF/LR 604-638-3500 Now Selling Walker House HR walkerhousedelta.com Coming Soon West Coast Estates SF 604-800-9099 Call Westhampton TH 604-946-0477 Coming Soon LANGLEY Aldergrove Town Centre LR atcliving.com Coming Soon Aston Carvolth Mews TH 778-705-1153 Coming Soon Aviva TH avivaliving.ca Coming Soon Crofton TH 604-710-9060 Call Hayer Town Centre LR 604-800-9662 Call For Preview Headwater TH 604-240-9148 Coming Soon Heath TH heathliving.com Coming Soon The Hive LR 778-686-8572 Call Latimer Heights SF/DU/RH/TH 604-371-0698 Call Legacy on Park Avenue LR 888-880-8283 Call Madewell TH madebygatehouse.com Call Mayfair TH 604-560-0272 Now Selling The Towers at Latimer Heights TH 604-371-1669 Call Union TH 604-593-5251 Coming Soon Unison LR unisonlangley.ca Coming Soon PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse 48 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
MAPLE RIDGE Bridle Ridge SF mstarhomes.com Call Crest Kanaka Springs SF kanakasprings.com Call ERA LR 604-239-1898 Call Inspire LR 604-576-7722 Call Kanaka Springs TH/SF kanakasprings.com Call Kennedy TH kennedytownhomes.ca Register Now La Riviere LR 604-359-0135 Coming Soon Pinecreek Estates TH pinecreekestates.ca Call Podium LR 604-657-7653 Coming Soon Provenance TH 604-467-2285 Call Sequoia Living TH 604-723-5386 Call Sierra Ridge LR sierraridge.ca Call MISSION/HARRISON Cedar Valley Rowhomes RH cedarvalleyrowhomes.ca Coming Soon Harrison Highlands SF 1-888-758-0850 Call Harrison Ridge TH 1-844-432-7444 From $690K Horizons TH 1-888-826-1177 From $319,800 Nelson & Grove SF mstarhomes.com Coming Soon Westminster Plateau LR/TH westminsterplateau.ca Coming Soon NEW WESTMINSTER Channel TH liveonthechannel.com Coming Soon Lighthouse LR 604-364-7424 Call Moody on the Hill LR moodyonthehill.com Selling Now Pier West HR 604-553-4211 Call River Queensborough TH 604-438-5050 Call The Keary LR thekearybywesgroup.ca Now Selling NORTH VANCOUVER 1515 Rupert LR 236-869-2515 Coming Soon Aire at North Harbour MR northharbourbyconcert.com Now Selling Apex at Seylynn Village HR/TH/PH apexatseylynn.ca Now Selling AVA LR 604-736-0050 Call Baden Park LR/TH badenparkbyanthem.com Register Now Ebb & Flow GH/CH/TH 604.818.1177 Now Selling Evolv35 TH 604.785.7653 Call Executive on the Park LR/TH executiveonthepark.com Coming Soon Forest Ridge LR 778-298-2280 Coming Soon Founder’s Block South TH 604-689-3040 Coming Soon Green on Queensbury LR/TH qualex.ca/green Register Now Innova LR liveinnova.ca Selling Now Lennox LR 604-988-3617 Coming Soon Lupine Walk Seymour Village LR seymourvillage.com Coming Soon Millennium Central Lonsdale LR millenniumlonsdale.com Coming Soon Neu on 3rd TH neuon3rd.ca Coming Soon Park West HR 604-770-1336 Now Selling Toppen Ridge TH toppenridge.com Call The Trails TH liveat.thetrailslowerlonsdale.com Coming Soon The Windsor HR 604-256-9178 Call West Oak TH westoakliving.com Selling Now PITT MEADOWS Nature’s Walk TH 604-262-1850 Now Selling PORT COQUITLAM Estella LR 604-375-7626 Call Montrose Square LR 604-468-0010 Call PORT MOODY Anchor LR 604-343-7719 Call Bayrock Terrace HR bayrockterrace.ca Now Selling Chroma LR 604-813-2547 Call The Grande HR 604-552-0552 Now Selling Hue HR 604-461-3445 Coming Soon RICHMOND Atmosphere HR Atmosphereliving.ca Call Burgundy TH 604-242-1193 Coming Soon Cascade City HR 604-285-7285 Now Selling CF Richmond HR 604-788-6608 Now Selling Concord Galleria HR 604-233-7748 Call Diamond Steveston TH 604-242-1193 Coming Soon Grand, The HR 604-278-3880 Call Hollybridge At River Green HR hollybridgeliving.com Call Luxe Lansdowne HR luxelansdowne.com Call Luxio On the Park LR 604-780-6433 Now Selling Minoru Square HR thind.ca/minorusuare Coming Soon One Park HR oneparkliving.com Call Paramount HR Paramountliving.ca Call Parc Thompson TH 604-231-5900 Coming Soon Park Residences II at Minoru Park HR parkresidences.ca Now Selling Prima HR liveatprima.com Coming Soon River Green MR 604-233-2633 Call Spires Gate TH 604-558-5851 Call Spires Road Townhomes TH southstreet.ca Coming Soon Times Square Richmond HR timessquarerichmond.ca Now Selling Torino HR 604-303-0148 Call Trillion DP 604-242-1193 Call Viewstar HR 604-630-6668 Call Williams Living TH 604-831-9966 Coming Soon SQUAMISH/WHISTLER Aegean Homes LR 778-558-5113 Call Britannia Beach… ...TH… britanniabeachliving.com… Coming Soon Highline TH/DP 604-871-4188 Coming Soon Redbridge MR/TH redbridgesquamish.com Coming Soon Sea and Sky TH 604-559-7918 Call The Lofts LR 604-815-1737 Call SURREY Amaya LR/TH amayaliving.ca Coming Soon Bell Green Park TH 604-592-4151 Coming Soon Central HR 604-498-3887 Call Century City Holland Park HR centurycitysurrey.com Call Central Living LR 778-883-7366 Call District NW HR thind.ca/districtnw Coming Soon Elwynn Green TH 778-889-7496 Coming Soon The Park Landmark TH 604-786-0006 Coming Soon Hepburn TH hepburntownhomes.com Register Now Insignia LR experienceinsignia.com Coming Soon Nova TH mortisegroup.com Call Nora TH 604-603-6313 Call One Central HR onecentral.ca Call Onyx & Ivory TH www.onyxivory.ca Coming Soon Park George HR 604-583-9866 Call Piano HR concordpiano.ca Coming Soon Prosper LR prosperguildford.ca Coming Soon Silva LR silvasurrey.com Coming Soon Unison LR 604-498-2505 Coming Soon Woodward TH 604-831-0307 Call PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse nexthome.ca 49
VANCOUVER & AREA DOWNTOWN 1335 Howe HR 604-689-8535 Call Avenue One HR 604-899-8800 Coming Soon The Arc HR 604-899-8800 Call Bailey LR liveatbailey.ca Register Now Block Residences HR blockresidences.com Coming Soon Burrard Place two HR burrardplace.ca Call Curv HR thecurv.ca Coming Soon Eventide LR eventidethree.com Coming Soon Landmark on Robson HR 604-566-2288 Call Mirabel HR 604-681-8110 Call The Pacific HR grosvenorpacific.com Call The Thurlow HR downtownabovebeach.com Coming Soon Vancouver House HR 604-893-8958 Call EAST SIDE 2250 Garden Drive LR 2250gardendrive.com. Coming Soon Ace one the Drive LR togetheronthedrive.ca. Coming Soon Assembly LR assemblystrathcona.com Coming Soon Brock House TH/SF 778-388-8682 Call Clive at Collingwood LR cliveliving.com Coming Soon Focal LR 604-563-6777 Coming Soon Frame HR liveatframe.com Coming Soon Francis TH 604-330-8848 Call Graphia LR grafia.porte.ca Coming Soon Linx LR 604-394-2602 Coming Soon Paragon LR 604-688-5566 Coming Soon River District Ardea HR wesgroup.ca/ardea Coming Soon The Saint George TH the saintgeorge.ca Now Selling Shift LR aragon.ca/shift By Appointment Templeton TH templetonliving.ca Now Selling Triumph TH 604-563-6200 Call The Windsor HR thewindsorliving.com Now Selling V on E49 LR 778-751-8930. Coming Soon WEST SIDE 1818 Alberni HR 604-256-5888 Register Now 2030 Barclay HR 604-534-2020 Coming Soon 99 West MR 604-620-8600 From $528,800 Amber LR/TH 604-871-8600 By Appointment Arbutus LR 604-307-0607 Call Autograph LR autographliving.ca Coming Soon Ava LR 604-736-0050 Coming Soon Carven LR kerrisdalebykenstone.com Coming Soon Chelsea by Cressey MR 604-805-1804 Now Selling Claridge House HR 604-941-8305 Call CURV HR thecurv.ca Register Now Dunbar at 39th LR wesgroup.ca/dunbar Call Eila on W49 TH 604-558-5848 Call Form HR Anthemproperties.com Coming Soon Grace TH gracewestside.com Register Now Gryphon House MR 604-620-8295 Call Gryphon Nova MR 604-620-8295 Call Heather and Seventeenth LR Liveheather17.com Call Heritage on Cypress & Second SF 778-729-0898 Call Italia HR italiabysolterra.ca Coming Soon Ivy on the Park HR 604-225-0117 Call Just West TH 604-734-8883 Call Kitsilano Block LR kitsilanoblock.com Coming Soon Legacy on Dunbar LR 604-990-8800 Call Lilibet LR 604-879-0030 Coming Soon Lina LR 604-694-0157 Coming Soon Oak +52 TH 604-828-7352 Coming Soon Oku 64 Oak LR okuliving.com Coming Soon Ortus LR ortusliving.com Coming Soon Park HR anthemproperties.com Coming Soon Park Grand TH 778-999-2552 Coming Soon Perron GH/TH 604-603-8889 From low $800’s Pinnacle On the Park at False Creek HR 604-874-8368 Call Primrose TH PrimroseVancouver.com Coming Soon Pure LR purewest49.com Call Raphael LR raphaelatalma.com Call Rowe TH 604-299-1363 Comimg Soon Rowen W47 TH rowen47.ca Call Savannah HT liveatsavannah.ca Coming Soon Savoy LR savoycambie.com Coming Soon Seasons TH 604-734-8883 Coming Soon Sixteen & Burrard TH/DU 778-729-0898 Call TESORO HR tesorobyconcert.com Now Selling The Conservatory CH/HR 604-821-8291 Now Selling The Kirkland LR 604-415-2908 Call The Regent TH 604-273-1313 Call Voyce LR voyce.ca Call West 4th & Trimble SF 778-729-0898 Now Selling W63 Mansion LR 63mansion.com Coming Soon W68 HR w68.ca Coming Soon West Boulevard DU 778-729-0898 Call Westbury in Arbutus Ridge TH 604-620-8295 Call West Oak LR/TH 778-716-6888 Now Selling West Wind at Lelem HR 604-260-8446 Now Selling Winston South Oak LR 604-809-6233 Call Yukon Residences TH 604-558-5850 Call WEST VANCOUVER Bellevue by Cressey HR/TH 604-290-2626 From $4.4M Evelyn TH 604-922-0330 Call Executive on the Park LR 604-926-2398 Call Galleries on the Bay LR 604-836-7355 From $490,000 Hawksley LR hawksley.beedie.ca Coming Soon The Sentinel HR 604-926-9260 Call WHITE ROCK/SOUTH SURREY Altus LR 778-294-7794 Call The Boroughs TH theboroughs.ca Now Selling Douglas Green TH douglasgreenliving.com Coming Soon Elisa TH elisaliving.ca Coming Soon Horizon TH 604-441-8789 Coming Soon Kendrick SF kendrickbymarathon.com Register Now King & Crescent LR 604-560-0272 Call Miramar Village HR 604-542-8882 Call Monaco HR liveatmonaco.ca Call The Loop TH gramercy.ca/home/the-loop Coming Soon The Oak TH 604-360-0789 Call Soleil HR soleilwhiterock.com Call Southaven TH 604-377-1078 Call South Village TH 604-910-9919 Call OUT OF TOWN PROPERTIES KELOWNA Caban .LR/TH cabanbycressey.com Now Selling ELLA HR 778-215-6788 From $679,900 Waterscapes HR 250-763-8313 Call VICTORIA Capital Park Residences MR capitalparkvictoria.com Now Selling LANGFORD The Scene HR livethescene.ca Register Now PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE NOTE: Pricing is subject to change; please contact the specific development for more up to date details or special promotions. Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse Start your search Your trusted authority for the latest new home and condo developments. Visit nexthome.ca to get started. 50 New Home + Condo Guide | Aug. 20–Sept. 3, 2022
TNORTHOWER SOLDOUT DI S T R ICTN W. C O M R EGI S TER TODAY S TU D IO, 1, & 2 BEDR O O MS IN D O WNTOWN S URRE Y With only 15% deposit, a Central Surrey location, Investment Program, and the security of a proven home builder - it’s easy to see why District NW is the best investment in Downtown Surrey. NO R TH TO W E R NOW SELLING OWN WITH 15% DEPOSIT WHEN PURCHASEYOU 5% 5% 5% IN 6 MONTHS ON ACCEPTANCE IN 18 MONTHS ON ACCEPTANCE + + The developer reserves the right in its discretion to make changes to the floor plans, project designs, features and dimension. Renderings are artistic concepts only. Square footage is approximate and has been calculated from architectural plans. Actual final dimensions following completion of construction may vary from those set out herein. E.&O.E.
