Vancouver New Home + Condo Guide – January 21, 2023

Gladys Montrose

George Ferguson

HAPPY LUNAR NEW YEAR YEAR OF THE RABBIT

604 229 4755 1 844 587 4755 Unit #120 - 21900 Westminster Hwy, Richmond, BC V6V 0A8 @mlemporioproperties info@mlemporio.ca

CONTENTS

COVER STORY

Published by nexthome.ca

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MARLENE EISNER

EDITOR New Home + Condo Guide

EMAIL: marlene.eisner@nexthome.ca

TWITTER: @MarleneEisner

GOALS

Making a New Year’s resolution is so passé, don’t you think? Well, maybe it’s not old-fashioned for some people, but for anyone who has trouble keeping their resolutions, perhaps it’s better to re-phrase it as goals. After all, most of us have goals we’d like to reach, some of which are long term. If you have picked up this issue of New Home + Condo Guide, then owning a home is most probably a goal you’re working toward.

Just like a resolution, however, stating a goal is easy; achieving it is another story. For that you should have a plan, and regardless of that plan, you need to start at the beginning and be prepared for the middle (getting that home) and the end (keeping and staying in that home).

To ensure you’re successful in every stage of the homebuying and home-ownership game, it’s best to set up a budget and stick to it. Yes, even after you have settled comfortably into your new home, rising costs, interest rates, the arrival of children and even the loss of a job can change the landscape of your comfort zone.

If you don’t have control over your finances, you can become overwhelmed. The best way to protect yourself is to understand and manage your money. Our mortgage expert, Alisa Aragon Lloyd, offers up a simple guide to creating a budget. Turn to page 32 and customize your situation so that you can reach your goals and not become stressed if circumstances change.

Thank you for picking up this copy of New Home + Condo Guide. As always, we have other interesting articles to help you look for your new home. Let us know what you think. We’d love to hear from you.

#InsideVan

by MICHELLE HOPKINS Vancouver

A SUCCESSFUL CAMPAIGN

By the time HAVAN’s 27th annual Coats for Kids campaign in support of the Lower Mainland and Surrey Christmas bureaus ended in Dec. 2022, HAVAN members had collectively raised $11,100, more than $500 than in 2021. Donations included new and gently used coats, scarves, gloves, blankets and new unwrapped toys and gifts for children of all ages. Ron Rapp, HAVAN CEO, said during the campaign, “The weather may be mild, but the forecast is for tougher times ahead. Faced with increasing food and gas prices, many families will be challenged this year to put food on the table over the holiday season while ensuring their children have warm coats to wear and presents under the tree.” Pictured from left to right: Chris Bayliss, executive director, Lower Mainland Christmas Bureau; Lisa Werring, executive director, Surrey Christmas Bureau; Ron Rapp, HAVAN CEO; Mark Cooper, Shakespeare Homes & Renovations Inc, HAVAN board member.

The nature of the East

The Cut, a collection of 36 townhomes and garden flats, is coming soon to East Vancouver’s Trout Lake neighbourhood and features one, two- and threebedroom homes with roof-top patios, surrounding a central courtyard. Located on the Central Valley Greenway, The Cut is a short walk from rapid transit, Trout Lake and

the Drive. “Living at The Cut is about the intersection of experience and a juxtaposition of things,” says Theresa Dillon, sales and marketing director at Fabric. “Beauty and grit. Quiet and connection. Old and new. It’s the nature of the East.” The Cut will be launching early this year. Register at thecuteastvan.com for more information.

IT WAS A HAPPY CHRISTMAS

The Stack, a brand-new 37-storey tower in the heart of Vancouver’s business district is the tallest commercial building in the city, with 540,000 sq. ft. of office space.

Lunar New Year incentive

Ulmus Development’s Ōku is closing its presentation centre at the end of January. The developer’s newest project in the South Oak neighbourhood has been selling well, with two of the three low-rise buildings sold out. There is still a

selection of one-, two- and threebedroom homes available in Oak, the third and final building. To celebrate the Chinese Lunar New Year, the developer is offering an incentive featuring a premium Gaggenau appliance package, standard in each

residence. Ōku is a 132-suite concrete residential development featuring a zero-emissions design with an emphasis on livability. Ōku zeroemissions homes will use 45 per cent less energy and reduce greenhouse gas emissions by 92 per cent.

Wellness-centered features

Tera Development’s Otto recently completed its showroom featuring a full suite of its fourbedroom home, which opens by appointment to the public for previews sometime this month. Located in West Richmond at 9099 No. 2 Road, Otto is a collection of three, four and fivebedroom family-size duplexes with generous yards. Otto has made its name by offering several wellness-centered features, such as an advanced ventilation and air circulation system, doublefiltered water and a drinking water filtration system. The development is scheduled for completion in spring 2023. Register at teraliving.ca/projects/otto.

DID YOU KNOW?

PIANO 105A & City Parkway concordpiano.ca

PARK GEORGE 9908 King George Blvd 604-583-9866 parkgeorge.com

DISTRICT NW University Drive & 105 Avenue thind.ca

CENTURY CITY HOLLAND PARK 13583 98 Avenue centurycitysurrey.com

PURA 105 Ave & 132 St mypuracondo.com

AMAYA LIVING 106 Ave & 140 St amayaliving.ca

LANGLEY 7. ALDERGROVE TOWN CENTRE 3100 272 Street atcliving.com

8. HAYER TOWN CENTRE 76 Avenue & 200 Street 604-800-9662 hayerbuildersgroup.com

9. THE HIVE AT WILLOUGHBY 206222 80 Avenue 778-686-8572 thehivewtc.com 10. WESTBROOKE AT WILLOUGHBY 604-385-3540 foxridgehomesbc.com 11. HEATH 80 Ave & 206 St heathliving.com

ABBOTSFORD

12. THE RAIL DISTRICT 2774 Montrose Avenue 604-850-0040 raildistrict.ca

LUCENT

THE FUTURE OF SMART LIVING

Think you know Surrey Central? Well think again, because a new residential tower is coming that’s going to change the way you view this popular neighbourhood.

Introducing Lucent. Brought to you by Landa Global Properties, Lucent is a 26-storey highrise that will become Surrey’s first to incorporate a robust offering of smart building and home technology to make daily life less complicated, more efficient, and a whole lot more fun.

Here’s just a hint of the many ways Lucent is poised to simplify your life. Keyless entry is enabled by facial recognition or a digital key, thus allowing residents to open doors with their phone or a smile. Give your visitors access to the spectacular lobby or secure parkade with a onetime code sent directly from your phone to theirs. When it’s time for a gathering of friends and family, booking one of the amenities spaces is as simple as pushing a button. It’s

all part of the state-of-the-art 1Valet app that’s wowing homebuyers. Need a helping hand balancing everything that’s happening in your life? Lucent’s concierge will be at your service. And, of course, there’s secure delivery lockers for your online purchases or other deliveries. Life just doesn’t get any easier.

SOPHISTICATED BY DESIGN

Lucent interiors offer a sleek, contemporary ambience with elegant

kitchens featuring stylish, two-tone cabinetry plus quartz counters and backsplashes, serenely luxurious ensuites, and spacious rooms filled with natural light.

But these homes are far more than just good looking—they’re Smart Homes too.

Every suite’s front door is equipped with a state-of-the-art smart lock that’s activated either from your phone or by thumbprint, so there’s no more fumbling with keys or fobs. Inside, residents will have the convenience of a smart thermostat.

Most homes also include smart home technology integration where there is a central panel that allows you to control everything from heat and light to what music is playing on your Sonos speakers. Plus, the exclusive collection of townhomes is prewired for connection to your preference of security companies.

AMENITIES FOR YOUR LIFESTYLE

Level Three is where you’ll discover the heart and soul of active, highenergy living, with more than

11,500 sq. ft. of indoor and outdoor amenities divided into three vibrant zones.

Get set to break a sweat in Lucent’s Fitness Zone, featuring a club-style gym with top-of-the-line fitness equipment, a spin studio featuring Peloton bikes, a dedicated yoga studio, plus a private workout studio with Lululemon’s Mirror, the very latest in high-tech fitness.

When you’re ready to unwind, the Entertainment Zone is where you’ll want to be. After a relaxing soak in the hot tub, perhaps a friendly game of pool sounds good or chilling out in the fireside lounge.

And whether you’re looking for an inspiring place to work on a passion project, a change of scenery from the home office, or a quiet place to study for exams, Lucent’s Co-Working Zone has you covered.

Then there’s Lucent’s Level 17 amenities. Boasting magnificent views in all directions, Level 17 brings a whole new dynamic to entertaining with more than 5,000 sq. ft. of indoor/outdoor spaces. Invite friends

for a culinary experience in the Executive Dining Lounge, followed by an après dinner stroll through the lush Sky Garden. In summer, the outdoor Sky Lounge is sure to become a hit for social gatherings—whether planned or impromptu.

TRUSTED BUILDER

The Landa Global team has established itself as one of Vancouver’s top luxury developers, with eight premier residences in Vancouver, two in Richmond, and now Lucent in Surrey. It also recently acquired a six-acre property in Toronto. The company is committed to developing iconic buildings in the best urban locations available and focuses on liveability through a seamless blend of form and function.

The Lucent presentation centre and display homes open early 2023. Prices start at $399,900, with 150 homes under $549,900. Register today at lucentliving.ca for exclusive updates as they become available.

SURREY

CITY CENTRE

by MICHELLE HOPKINS

Considered the province’s newest and emerging metropolis, Surrey City Centre is evolving into a dynamic and exciting new downtown hub. This will be home to a concentrated business district, while it expands its downtown core southward to accommodate the approved SkyTrain extension along Fraser Highway. In fact, the City envisions Surrey City Centre as the Lower Mainland’s future second downtown.

LIFESTYLE

Fair to say, it’s hip, it’s happening and it’s exciting. It’s perfect for urbanites wanting to be at the pulse of a thriving city centre.

VIBE

Over the last 10 years, this neighbourhood has eclipsed into a diverse downtown centre with rapid transit, services, amenities, parks, and more – all in a vibrant, walkable, cosmopolitan community.

MEET THE NEIGHBOURS

Currently home to 45,260 residents, this diverse enclave is experiencing a 5.1 per cent population growth; many of which are young professionals attracted to what this lively community offers. With campuses of two major universities and numerous colleges including Simon Fraser University (SFU), Kwantlen Polytechnic University

King George Hub

(KPU), Douglas College, Sprott Shaw College, Stenberg College, and a technology district, you could say some cool, bright people have chosen to reside here.

IN THE AREA

This walkable, transit-friendly community is Surrey’s developing wellness and technology hub, close to Surrey Memorial Hospital. Among its highlights are Holland Park, Civic Plaza, City Hall, the library and restaurants. It is also close to some of Surrey’s top schools.

PLANES. TRAINS & AUTOMOBILES

There are three Expo Line SkyTrain stations located within this neighbourhood, providing direct access to Downtown Vancouver in 40 minutes, along with numerous

other regional centres. Additionally, there is a Planned Expo Line extension from City Centre to Fleetwood by 2025, and Langley in the future.

REAL ESTATE: (NEW BUILDS)

As expected, growth is exploding here with an anticipated 43,000 more housing units by 2041. As of November 30, 2020, there were at least 28,000 homes, 4.4 million square feet of office space, and 250,000 square feet of retail space either under construction, approved, or proposed. One of the most significant developments is PCI Developments’ King George Hub. Plaza One and Two alone will create 886 homes in 41 and 44 storey towers, and 45,500 sq. ft. of office and retail space.

HOT SPOTS

CENTRAL CITY BREWERS & DISTILLERS

A gold medal awardwinning brewery, it has emerged into one of Canada’s best craft breweries. Besides its great selection of craft beers, it’s a destination for craft beer snobs and their friends.

SFU

Simon Fraser University (SFU) opened its Central City Campus in 2005, and opened their new cuttingedge Sustainable Energy & Environmental Engineering Building in 2019. It’s a hotbed of intellectual gatherings.

DOMINION BAR + KITCHEN

Inside the Civic Hotel, this upscale casual restaurant garners five-stars for its locally sourced ingredients, beautifully prepared and paired with equally inspiring handcrafted cocktails and beers.

PREVIEWS & REGISTRATIONS

collection of one to two-plus-den bedroom urban homes, and a place where connections are made and stories begin. Bold architectural features, designer finishes and carefully curated colour palettes will energize you, while its unique design and convenient, walkable corner location connects you to the world beyond your home. Register today.

WOODWARD

Home type: Townhomes

Developer: Mosaic

BODEN

Home type: Townhomes

Developer: Listraor

On the map: Vancouver Web: listraor.com/boden/ Info: Boden is an evolved collection of garden-access townhomes conveniently positioned at the corner of Oak and 52nd. With no one below you and nothing stacked above you, the spacious courtyard-level homes offer the security of direct-access parking and a community for growing families in Oakridge. Register today.

NOLITA

Home type: Condominiums and townhomes

Developer: Fifth Avenue Properties

On the map: Kelowna

Web: nolita.ca

Info: Nestled in a charming residential neighbourhood within downtown Kelowna, Nolita is a boutique collection of 60 curated homes comprised of stylish studio, one-, and two- bedroom condos in addition to a limited collection of garden-style townhomes. Register today.

PURA

Home type: Condominiums

Developer: Adera

On the map: Surrey Web: livepura.ca

Info: Enjoy PURA’s expansive courtyard, incredible rooftop terrace and other wellnesscentered amenities for fitness, study, work and socializing. PURA is a well-designed

On the map: Surrey Web: mosaichomes.com/property/woodward/ Info: Tucked away in a quiet neighbourhood, Woodward is a collection of two- and threebedroom plus den townhomes well connected to the lower mainland. With a brand-new city park and a greenway as your next-door neighbour, the best schools and universities and shops a short drive away, this is right where you want to be. Register today

BODEN

WOODWARD

Poised to become the future Coal Harbour of Surrey, West Village is a dynamic, vibrant neighbourhood near the new downtown of B.C.’s fastest-growing municipality. Here, you’re strolling distance to a diverse array of amenities including worldclass shopping, restaurants featuring globally inspired cuisines, parks, schools at all levels, plus transit and SkyTrain connections to take you anywhere you want to go.

So, it’s no wonder savvy homebuyers are delighted by a new opportunity to be part of this urban hub. Introducing Sequoia, an iconic, 36-storey tower that’s about to redefine this neighbourhood’s skyline forever.

URBAN OASIS

Sequoia’s distinctive architecture pays homage to the site’s majestic, 45-ft.

sequoia tree. “The façade’s graceful curve mirrors the tree’s shape,” says Jacqueline Huynh, ML Emporio’s senior development manager. “When we purchased the property, we were adamant about preserving the tree. We worked closely with city staff to create an extension to the existing West Village Park, and now the sequoia will be enjoyed by many more, future generations.”

CULTIVATED LIVING EXPERIENCE

Ready to talk amenities? Get set to be wowed. Sequoia Club will provide more than 20,000-sq.-ft. of meticulously curated indoor and outdoor amenity spaces, spread over multiple floors.

Level 9 is where you’ll find a formal dining-room and entertainment kitchen with eclipse doors to a landscaped terrace featuring

barbecue area, al fresco dining, a kids’ playground, and an urban garden. There’s also a well-appointed gym, TRX space, yoga and spin rooms, games room with pool and foosball, plus an innovative dedicated kickboxing room, perfect for when you want to spice up your workout.

Fancy a casual evening with friends? Check out the Level 5 outdoor patio or the rooftop deck with firepits and plenty of lounge seating on the 36th floor. “By only having two penthouse homes, we were able to create a space where everyone can enjoy the dazzling views to the mountains and ocean,” Jacqueline says.

And just in case you need more enticements, residents also have access to a bike repair station, golf simulator room and full-time concierge, three more reasons why Sequoia is the perfect place to call home.

Sequoia will be located on the northwest corner of 133 Street and 104 Avenue in Surrey. Homes range from one- to three-bedroom condominiums plus six exclusive two-bedroom townhomes. Presentation centre opens spring 2023, so be sure to register today for priority access. Visit sequoiawestvillage.ca for more information and updates.

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BURNABY

1. OASIS AT CONCORD BRENTWOOD 4863 Dawson Street concordoasis.com 2. JUNEAU 604-299-9191 juneaubyamacon.com 3. CEDAR CREEK 7166 14th Street 604-529-8868 liveatcedarcreek.com

4. ALASKA 4455 Alaska St 604-299-9191 alaskabyamacon.com 5. BORDEAUX 4247 Lougheed Hwy bordeauxliving.ca

6. ECLIPSE BRENTWOOD 2463 Beta Avenue thind.ca/eclipse

7. MOONLIGHT SONATA 3550 Wayburne Drive 604-716-0005 moonlightsonata.ca

8. O2 METROTOWN 6620 Sussex Ave o2metrotown.ca

9. AZURE AT SOUTHGATE CITY 7662 18th Street 604-544-8800 azureatsouthgate.com

10. THE STANDARD Metrotown thestandardbyanthem.com

11. SLATE 5180 Lougheed Hwy slatebybeedie.com

12. CONCORD SKY-HOUSE 4750 Kingsway concordmetrotown.com

13. POLARIS METROTOWN 6699 Dunblane Ave 604-565-7733 polarismetrotown.com

14. NUVO 6075 Wilson Avenue nuvobyanthem.com

15. THE AMAZING BRENTWOOD 4567 Lougheed Hwy 604-298-7314 theamazingbrentwood.com

16. SOLO 4 2131 Willingdon Avenue 604-298-8800 soldistrict.com

17. CONCORD METROTOWN Nelson Ave & Kingsway concordmetrotown.com

18. HIGHLINE METROTOWN 6511 Sussex Avenue highlinemerotown.com

NEW WESTMINSTER

19. MOODY ON THE HILL 228 6th Street moodyonthehill.com 778-895-5533

Positively Presale

MaxiMize the benefits

by susan M boyce

Presales have long been integrated into the fabric of purchasing a new multi-family home, whether it’s a condo, a townhouse, or a stratified single-family home. The basic process is straightforward: purchasers pay a deposit before their home is built, often before construction starts, to secure the unit of their choice. Then they can watch their new home evolve before their eyes.

A pre-sale unit offers many positive advantages. Jamie Squires, president and managing broker of Fifth Avenue Real Estate Marketing, shares her insights about how you can maximize these benefits and potentially enjoy greater bang for your home-buying buck.

New Home + Condo Guide: What are some of the financial advantages of purchasing a presale?

Jamie Squires: The most obvious one is that you’re locking in at today’s prices. Historically, housing prices continue to go up, so you’re building equity even before you take possession. That means that at completion, you could use this increased equity to get a line of credit to purchase new furniture, go on a vacation, or apply it directly to the down payment at a favourable rate.

And one thing many people don’t realize is that since you’re now financing a smaller portion of your home’s value, it can reduce the percentage you’ll pay for the

required Canada Mortgage and Housing Corporation (CMHC) loan insurance. There’s a huge difference between paying 0.6 per cent if your loan-to-value ratio is 65 per cent and paying 6.3 percent if the loanto-value ratio is 90 per cent.

Plus, you’ll have the extra time to save up more money toward your down payment.

NH+CG: For most, getting preapproval on a mortgage is a standard part of homeownership. Should buyers be concerned about rising interest rates that could impact their ability to borrow?

JS: Blanket appraisals are now becoming more common as a

safeguard against this. Rather than the old practice of a rate hold that lasts several months, a blanket appraisal will hold the negotiated rate until completion. And if, by some fluke, interest rates do go down, you’ll get the lower rate. So, it’s a win-win situation.

NH+CG: What about the added cost of the GSt on a new home?

JS: Yes, your new home is subject to the five per cent GST, which a resale isn’t. But unlike the property transfer tax (PTT) that has to be paid in cash on closing with a resale, you can finance a presale’s GST into your mortgage. So, while the GST is technically higher, the long-term effect is less.

NH+CG: during the pandemic slowdown, developers began offering increasingly creative incentives during the pre-sale phase. is that still true?

JS: It depends on where a property is located. In an area like Willoughby in Langley, there’s still plenty of

competition, so developers are more likely to offer incentives like free upgrades, a decorating allowance, reduced assignment fees, or gift cards to local merchants.

On the other hand, municipalities where there is limited pre-sale supply, such as Abbotsford or Aldergrove, there isn’t the same need to get creative.

NH+CG: What’s your number-one piece of advice for anyone looking at the pre-sale market?

JS: Read the sales contract. If there’s something you don’t understand, ask questions until you do. And when an addendum is released, read that as well—every page of it.

More than 90 per cent of buyers now work with a realtor who should be able to explain your contract, especially the sections about completion dates. People don’t realize that a completion date can never be guaranteed, especially now with the ongoing supply chain issues we’re experiencing as well as the bottlenecks caused by slowdowns in

municipal approvals or services like hydro. These are totally outside a developer’s control, but they can have a big impact on a buyer.

One of the things I see over and over again is that people don’t pay attention to the difference between the anticipated completion date and the outside date for completion, dates that can range from a few weeks to more than a year.

Make sure you have accommodations in case your possession date is delayed, especially if you’re renting and need to give notice. It’s a lot cheaper to pay an extra month of rent than to be forced to live in a hotel for four or five months or even longer.

NH+CG: What excites you most about presale?

JS: The choices you get to make. Usually, you can pick things like which colour palette you prefer, flooring, and appliance upgrades. Plus, you get the best selection of location within a development and the lowest pricing.

Jamie Squires

Lansdowne Road & Number 3 Road luxelansdowne.com 3. PARK RESIDENCES II AT MINORU PARK 6333 Mah Bing Street 604-563-8899 parkresidences.ca

RC RICHMOND 6331 No. 3 Road 604-788-6608 5. GALLERIA 8555 Capstan Way 604-233-7748 concordgalleria.com

CLARIDGE

498 West 41st Avenue 604-941-8305 polyhomes.com

GRYPHON HOUSE 6191 West Boulevard 604.620.8295 gryphonhousevancouver.com

WEST WIND 2620 Acadia Road 604-260-8446

W 49 Ave & Cambie St liveatthesis.com

ALISA ARAGON-LLOYD

With rising interest rates, inflation, rising prices, and economic challenges, many Canadians are feeling the financial stress.

In the annual fall 2022 Debt Survey conducted by Manulife Bank of Canada and Ipsos, it was found that:

• Most respondants (87 per cent) said they believe we will soon enter a recession or are already in one. The majority (56 per cent) said they think it will last at least a year.

• In fact, six in 10 (59 per cent) of the people surveyed claimed

that increased spending is now outpacing their income growth.

• Forty-eight per cent of those who participated in the survey said they feel overwhelmed by their financial situation.

• One in four homeowners with a mortgage responded if rates rise much further, they will be forced to sell their homes when their mortgage renews

This is the time to take control of your finances. One of the best ways to understand where your money is going and where you can make

changes, is by creating a monthly budget. Budgeting is a core ingredient that helps alleviate the stress associated with money issues.

The key is to create a realistic budget based on your situation and goals. Track your spending and make your dollars go further by sticking to your budget once it’s in place. Budgeting offers a step-bystep formula to figure out how your income is compared to your spending. It also helps you review all your costs and helps you make changes either to increase your monthly cash flow or just feel less stressed.

The following are steps that can help you get started:

1. deterMine your incoMe

When creating a budget, you need to know exactly how much money you are bringing in each month. This amount should be what you bring home every month and what gets deposited into your account. If you use your (gross) income before taxes are deducted, you will end up overspending.

2. track your Spending

Once you know how much money you are bringing in each month, you will need to review what your expenses are. Reviewing all your monthly bills will help you know exactly where your money is going. It is important to put down in your budget every expense you have, including fixed and variable expenses. Fixed expenses are items such as mortgage payments or rent, loans, strata fees, internet and cell phone bills, and child care, to name a few. Your variable expenses would be things like groceries, gas, gifts, clothing, entertainment, and eating out. Variable expenses are typically the costs that you can cut back on. You can start by averaging your costs and keeping track of all your expenses by saving the receipts for a month and entering the amounts into your budget.

“

One of the best ways to understand where your money is going and where you can make changes, is by creating a monthly budget.

3. Set realiStic goalS

Setting up realistic goals is key. It is critical to determine what you can live without and where you can cut costs. Ideally, when doing a monthly budget, you can consider the 50/30/20 rule: • 50 per cent of what you spend is for needs such as your rent, mortgage

payments, utilities, car payments, groceries, gas.

• 30 per cent of your income goes to wants such as gifts, entertainment, vacations, eating out, etc.

• 20 per cent of your income goes to savings or paying down debt such as an emergency fund, retirement, children’s education, paying down credit cards, and loans.

4. Make a plan

Once you have your goals, you can plan to improve your monthly cash flow and have realistic spending limits for each of your categories. By taking a look at what is important and re-prioritizing, it can help you free up some cash, while at the same time, stop you from spending money on things you don’t really want or can do without.

5. adjuSt your Spending

Now that you know how much money you are bringing in each month and what you are spending it on, you can take a look at adjusting where you spend your money to ensure that you stay within your budget and identify your wants and the things you can do without. This is a great time to also review your fixed expenses, such as your mortgage

payments (for example, can you extend your amortization period or change your payment schedule?). Before considering this option, it is always best to talk to a mortgage expert to see what makes the most sense for you.

6.

Stay on track

This exercise is not about just doing your budget and forgetting about it. In order to be in a better financial position and feel less stressed, it’s important to track your budget on a monthly basis to catch any changes in your spending habits. It’s always a good idea to review your budget on a quarterly basis and take into account any increases in expenses or wages that may require adjustments to your original calculations.

There is a free, online budget planner tool offered by the federal government that can help you. It can be found at https://itools-ioutils.fcacacfc.gc.ca/BP-PB/budget-planner

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.

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In order to be in a better financial position and feel less stressed, it’s important to track your budget on a monthly basis to catch any changes in your spending habits. It’s always a good idea to review your budget on a quarterly basis...

1. ALTUS WHITE ROCK 1526 Finlay Street 778-294-7794 altuswhiterock.com 2. THE BOROUGHS 2070 Oak Meadows Drive 604-531-6767 theboroughs.ca

DOUGLAS GREEN 358 - 175A Street 778-862-8002

COQUITLAM 1. WEST 505 Nelson Street westbybeedie.com 2. SYDNEY 545 Sydney Ave. 778-948-0333 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

SOL Como Lake Ave & Robinson 604-937-9688 solexperience.ca

DWELL Smith Ave & Clark Rd dwellbyanthem.com

PORT & MILL 604-936-8818 portandmill.ca

MAPLE RIDGE

10. PROVENANCE 11295 Pazarena Place 604-467-2285 polyhomes.com 11. CREST KANAKA SPRINGS 25024 112 Ave 604-405-1903 kanakasprings.com

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.

PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE

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

JEM LR jemliving.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 Register Now

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

Eclipse Brentwood HR thind.ca/eclipse Coming Soon

Lumina HR/TH luminabrentwood.com Coming Soon

Highline Metrotown HR highlinemetrotown.com Call

Kings Crossing by Cressey PH 604-720-5357 Now Selling

Maywood on Park HR 604-435-8866 Now Selling

Moonlight Sonata TH moonlightsonata.ca Register Now

Nuvo HR nuvobyanthem Coming Soon

Oasis at Concord Brentwood HR 604-435-1383 Call

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 Now Selling

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 Dwell TH dwellbyanthem.com Register Now

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 info@portandmill.ca Selling Now

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 HR 778-948-0333 Now Selling

Sydney Townhomes TH 604-961-3559 Call Terrayne at Burke Mountain TH terryane.townline.com Coming Soon

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 Call Aviva TH avivaliving.ca Coming Soon Canvas LR canvaslangley.ca Call Crofton TH 604-710-9060 Call Hayer Town Centre LR 604-800-9662 Call For Preview Headwater TH 604-240-9148 Coming Soon

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

PROJECT TYPE CONTACT PRICE PROJECT TYPE CONTACT PRICE

Heath TH heathliving.com Call

The Hive LR 778-686-8572 Call

Latimer Heights SF/DU/RH/TH 604-371-0698 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

Westbrooke RH 604-385-3540 Call

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

Kennedy TH kennedytownhomes.ca Register Now

La Riviere LR 604-359-0135 Coming Soon

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

Windfall TH windfallbygatehouse.com Coming Soon

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

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

NORTH VANCOUVER

1313 Ambleside Residence TH 1331ambleside.com Now Selling

1515 Rupert LR 236-869-2515 Call

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 Call

Millennium Central Lonsdale LR millenniumlonsdale.com Coming Soon Neu on 3rd TH neuon3rd.ca Coming Soon

Park West HR 604-770-1336 Now Selling

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

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 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 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 Call 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 Silva LR silvasurrey.com Coming Soon Unison LR 604-498-2505 Coming Soon Woodward TH 604-831-0307 Call

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

PROJECT

VANCOUVER & AREA

DOWNTOWN

1335 Howe HR 604-689-8535 Call

Bailey LR liveatbailey.ca Register Now

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

Thesis LR liveatthesis.com Register Now

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

2030 Barclay HR 604-534-2020 Coming Soon 5656 Balaclava LR 5656balaclava.ca Now Selling 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 Oak +52 TH 604-828-7352

Oku 64 Oak LR okuliving.com

Ortus LR ortusliving.com

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

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

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 liveathawksley.com Now Selling

The Sentinel HR 604-926-9260 Call Wildwood TH liveatwildwood.com Now Selling

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

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