Vancouver New Home + Condo Guide - October 3, 2020 by NextHome

Metro Vancouver Oct. 3â&#x20AC;&#x201C;17, 2020

The first and only complete guide to pre-construction homes and condos

A Collection of 35 Premium Single Family Homes Sales Start October 3rd

brookswoodmills.com

INSIDE:

NEW MASTER-PLANNED COMMUNITIES

THE COUNTRY CHARM OF WILLOUGHBY

Now Previewing

HYDE PARK CORNER TOWNHOMES

HYDE PARK CORNER is a collection of 16 signature townhomes in South Surreyâ&#x20AC;&#x2122;s Grandview Heights neighbourhood. With spacious floorplans and outstanding design elements, enjoy an extraordinary living experience.

Preview by appointment. 604.560.0272 zenterra.ca/hydeparkcorner

This is not an offering for sale. Such offering can only be made by way of disclosure statement E&OE

4 bedroom executive townhomes

ARTIST'S RENDERING ONLY

Up to $30,000

off select homes for a limited time

CENTRAL CONDOMINIUMS

CENTRAL is a collection of one & two bedroom condominiums ideally located in Langleyâ&#x20AC;&#x2122;s vibrant five-corners neighbourhood of Murrayville.

Call us now to book an appointment! 604-560-0272 48 Ave. and 221 St. Township of Langley. zenterra.ca/central

This is not an offering for sale. Such offering can only be made by way of disclosure statement E&OE

5% deposit 2 bedrooms $459,990 +GST

MOVE IN WINTER 2020

Thank you! Weâ&#x20AC;&#x2122;re truly humbled to receive both 2020 Multi-Family Home Builder of the Year Grand Georgie and Havan Awards. zenterra.ca

N EW H O M E N EW H AVE N

HIGHER DESIGN LOWER LONSDALE 2 BED TO 3 BED + DEN MOVE-IN TODAY!

A rare collection of luxurious move-in ready concrete residences starting from $874,900*

BOOK A TOUR

PRESENTATION CENTRE

WestThirdByAnthem.com

North Vancouver, BC

#107 175 3rd Street West 604-449-2228

This is not an offering for sale. Such offering can only be made by way of disclosure statement. E&O.E.

Let there be light

A collection of 87 one- to three-bedroom loft-style residences coming soon to Port Royal Village, Aragonâ&#x20AC;&#x2122;s established 52-acre riverside community in New Westminster. Move-in ready this Fall. Now Previewing. Starting From $445,900. 604.364.7424 / Aragon.ca/lighthouse

The developer reserves the right to make changes and modifications to the information combined herein without prior notice. This is not an offering for sale. E.&O.E.

Final 7 Move-in Ready Homes Now Released For A Limited Time Save Up To $60,000

19 HOMES SOLD THIS SUMMER

B E S T VA L U E T O W N H O M E S IN RICHMOND

P R E S E N TAT I O N C E N T R E

For a limited time, save up to $60,000 on our final

(Thursday - Friday by appointment only)

10511 No 5 Road, Richmond Open Daily 12 - 5pm

release of move-in ready 3 and 4 bedroom townhomes ranging up to 1,584 sf. These spacious homes with side

6 0 4 . 6 38. 6152

by side parking and private yards are designed for your

LIVE ATFIVEROAD.COM

growing family, at prices that wonâ&#x20AC;&#x2122;t last long.

This is not an offering for sale. Such offering can only be made by way of disclosure statement. Five Road is developed by Anthem Five Road Developments LP. Renderings, sketches, plans and finishes are representational only. Prices and availability are subject to change. E&O.E.

METRO VANCOUVER’S BEST SELLING COMMUNITY. 140 HOMES FROM $325,900 TO $550,900. NORTH TOWER SALES STARTING SOON. METRO VANCOUVER’S BEST VALUE. INTRODUCING ANTHEM’S VALUE CONFIDENCE PROGRAM™. NOW PREVIEWING BY APPOINTMENT ONLY. METRO VANCOUVER’S BEST SELLING COMMUNITY. 140 HOMES FROM $325,900 TO $550,900. NORTH TOWER SALES STARTING SOON. METRO VANCOUVER’S BEST VALUE. INTRODUCING ANTHEM’S VALUE CONFIDENCE PROGRAM™. NOW PREVIEWING BY APPOINTMENT ONLY. METRO VANCOUVER’S BEST SELLING COMMUNITY. 140 HOMES FROM $325,900 TO $550,900. NORTH TOWER SALES STARTING SOON. METRO VANCOUVER’S BEST VALUE. INTRODUCING ANTHEM’S VALUE CONFIDENCE PROGRAM™. NOW PREVIEWING BY APPOINTMENT ONLY. METRO VANCOUVER’S BEST SELLING COMMUNITY. 140 HOMES FROM $325,900 TO $550,900. NORTH TOWER SALES STARTING SOON. METRO VANCOUVER’S BEST VALUE. INTRODUCING ANTHEM’S VALUE CONFIDENCE PROGRAM™. NOW PREVIEWING BY APPOINTMENT ONLY. SALES STARTING SOON. 604.638.6160 info@socobyanthem.com Register now at socobyanthem.com The Developer (Anthem SOCO Developments Ltd. and Anthem SOCO One Developments Limited Partnership) reserves the right, at any time in its sole discretion and without notice or obligation, to modify, not market, not offer or cancel the Value Confidence Program promotion. The Developer (Anthem SOCO One Developments LP.) reserves the right to make modifications or substitutions to project design, specifications, features, appliances, pricing and floor plans in its sole discretion and without notice or obligation. Dimensions, square footage and floor plans are illustrative, approximate and provided for reference only. Final dimensions, square footage and floor plans may vary and will be determined by final strata plan measurements. This is not an offering for sale. Any such offering may only be made with a disclosure statement. E.&O.E.

PORT MOODY’S PREMIER DEVELOPMENT OVER 55% SOLD

ROOFTOP DECK HOMES FROM $639,900 PHASE 1 ROOF DECKS SOLD OUT! DON’T MISS OUT ON PHASE 2

A collection of 1, 2, 3 and 4 bedroom plus den homes with roof top decks available for every lifestyle. If the outdoors is where you want to be, you’ll also benefit from being steps from: • ROCKY POINT PARK • BREWERS ROW

REMAINING HOMES STARTING FROM 1 BED + DEN $559,900 2 BED $629,900 3 BED $819,900

• SHOPS AND RESTAURANTS • MOODY CENTRE SKYTRAIN STATION

Additional outdoor space included with your home is access to: • CLUB 50 CLUBHOUSE • GREAT LAWN • URBAN GARDENS

• OUTDOOR DECKS & PLAYGROUND • DOG OFF-LEASH AREA • COMMUNAL LONG TABLE

50ElectronicAve.com

604.492.2202

PRESENTATION CENTRE OPEN BY APPOINTMENT ONLY 50 ELECTRONIC AVE, PORT MOODY Prices quoted are exclusive of taxes and subject to change without prior notice. In our continuing efforts to improve and maintain the high standard of the 50 Electronic Avenue 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 only as a general reference and are not to be relied upon. This is not an offering of sale. Please see disclosure statement for specific offering details. E&O.E.

OCT. 3–17, 2020 | VOLUME 28, ISSUE 15

CONTENTS COVER STORY

18 Brookswood Mills OUTSTANDING OPPORTUNITY TO CREATE YOUR DREAM HOME IN THIS PRESTIGIOUS, SOUTH LANGLEY NEIGHBOURHOOD 10 New Home + Condo Guide | Oct. 3–17, 2020

CHIEF REVENUE OFFICER

Jacky Hill jacky.hill@nexthome.ca EDITOR-IN-CHIEF

Susan Legge susan.legge@nexthome.ca EDITOR

Stephanie MacDonald CONTRIBUTING EDITORS

PROPERTY PROFILES

Latimer Heights

42 Avoiding Costly Mistakes Planning ahead can bypass headaches later

One-of-a-kind masterplanned community comes to Langley

24 Wood + Water

BY MICHELLE HOPKINS

Exceptional golf-side living by Anthem

Legally Speaking Buying an investment property BY JAYSON SCHWARZ

The Robinsons

NEIGHBOURHOOD PROFILE

Exquisitely appointed single-family living in the heart of South Surrey

20 Willoughby The country lifestyle you have been looking for in Langley

IN EVERY ISSUE

Editor’s Note

FEATURES

Inside Vancouver

49 Master-planned Living

26 Hot Properties

Exciting new masterplanned developments are popping up all over

45 What’s Online

BY STEPHANIE MACDONALD

56 Listings Directory

40 Kim and John find joy at Brickwater Celebrating family in Maple Ridge

Mortgage Minute Borrowers should be aware of penalties for early payment

The Fall Real Estate Forecast Sunny sales trends continue into the rainy season BY SCOTT BROWN

34 Industry Insider Dos and Don’ts of Buying in a Hot Market BY JESSE ABRAMS

MEDIA CONSULTANTS

Dave Bird 604.319.7102 dave.bird@nexthome.ca Ricardo Hernandez 604.319.7103 ricardo.hernandez@nexthome.ca SALES & MARKETING COORDINATORS

Gary Chilvers Vi Nguyen DISTRIBUTION

distributionteam@nexthome.ca 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

Sandra Hanak–Vujnovic, Johannah Lorenzo, Mike Terentiev, Alice Wu

DISTRICT MAPS

16 28

nexthome.ca

Surrey, Langley, Abbotsford & Mission Burnaby, New Westminster

30 South Surrey, White Rock

BY ALISA ARAGON

Susan M Boyce, Marlene Eisner, Michelle Hopkins

Published by

BY SUSAN BOYCE

ADVICE

CONTRIBUTING WRITERS

ACCOUNTING INQUIRIES

46 Georgia A family-friendly enclave of townhomes comes to Steveston

Sara Duck, Amanda Pereira

36 Coquitlam, Port Coquitlam, Pitt Meadows & Maple Ridge

44 Richmond, North Delta & Tsawwassen

48 Vancouver, Downtown Vancouver

North Shore, Squamish

55 Out of Town

Advertising Call 1.866.532.2588 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-to-door 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 2020 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 11

EDITOR’S NOTE

MOVING INTO THE

COZY SEASON

STEPHANIE MACDONALD EDITOR New Home + Condo Guide EMAIL: stephanie.macdonald@nexthome.ca

The days are getting shorter, sweaters are coming out of storage, and suddenly that bottle of cabernet sauvignon that has been lingering in the wine rack looks enticing. Looking around at your current surroundings, you may find that you are daydreaming about getting cozy in a brand-new home in the near future. If that’s the case, you are in the right place, we have a plethora of amazing new options for almost any budget, taste and location preference. For new home buyers who want it all — the convenience of living near shopping, childcare, fitness, trails, and transit; master-planned communities are where it’s at. We have an overview of some of the most exciting new communities on the market, whether you want to be near the mountains or in the valley, out in Richmond or on the water. Today’s masterplanned communities have something for everyone, and there are great new options popping up all the time, so keep checking these pages and we will keep you updated on new phases and new developments as they appear. So, let’s calmly keep on, and keep reading on, for lots of great information about how to find your perfect next home. Thanks for picking us up! Correction: In our September 19 issue’s “10 Minutes With…” column, Eva Marsh was incorrectly identified as Eva Marshall in the introduction, and as President of Breakside Real Estate Corporation in the bio at the end. Eva Marsh is VP of Sales for Breakside Real Estate Group. We apologize for our mistake, and any confusion this may have caused.

Find an Exciting New Master-planned Community Near You Page 49

+ get social 12 New Home + Condo Guide | Oct. 3–17, 2020

Interact with us on social media: nexthome

#InsideVan by STEPHANIE MACDONALD

Vancouver

GRYPHON DEVELOPMENTS’ CODY MA AT ART OF WONDER

ART OF WONDER In a glass atrium off West Boulevard and 45th is the future home of Gryphon Development’s Gryphon House. Right now, it’s a temporary wonderland that would make Alice feel right at home. We got a special tour from Gryphon’s Cody Ma and discovered a magical escape where you can wander the topiaries, view the art, and see what the future Gryphon House has to offer this established and elegant community. To book your own private tour, just email cody@gryphonliving.

South Village Releases Phase 2 There was much excitement in Grandview Heights on September 12th, as the highly-anticipated second phase of the popular South Village community opened to the public. This collection of 60 modern farmhouse-inspired townhomes features nostalgic white brick and award-winning landscape design. Over 80 people showed up to tour the show home, and snack on Japa Dogs with the South Village team. Everyone left with a delicious and adorable memento cookie from Tres Jolie Biscuit. 14 New Home + Condo Guide | Oct. 3–17, 2020

DID YOU KNOW?

Looking well into the future, the North Shore municipalities are researching the best route to link up with the Skytrain system. There are five different routes to choose from, four involving a tunnel and one using the Second Narrows Bridge.

Urban Analytics’ Real Estate Prognosis: Going Strong! Voyce Has Its Grand Grand Opening! Over 100 groups of people toured the newly opened Voyce presentation centre on Saturday, September 12th across the street from Queen Elizabeth Park. With more than 30 already spoken for, the project is now well over 40 per cent sold. Though there were long line-ups during the whole event (from the entrance

of the Voyce Presentation Centre, north along Cambie and around the corner along 24th Avenue), the Voyce team provided a safe touring experience and ensured proper hygiene. Afterwards, visitors enjoyed delicious catering from Landmark Hotpot House, who opened their doors at lunchtime just for this special event.

Southlands Tsawwassen Open House Weekend On a typically sunny Tsawwassen Autumn day, on Saturday September 19th, hundreds of people abided by social distancing protocols while touring Tsawwassen’s most exciting new master-planned community. Bringing agriculture and community together in one spot, Southlands is blocks from the beach, and is home to the largest publicly-owned farm in North America. Construction on what will eventually be 950 homes is underway, and visitors could tour the show homes, visit the Discovery

Centre, grab a coffee at the newly opened Prado Café, or tour the historic barn, cycle the trails, or tour The Grange community food amenity. There was a mini-market, food trucks, and live music to complete the experience.

The development community always looks forward to the Urban Development Institute’s annual luncheon featuring Urban analytics’ Michael Perreira, and his data-based outlook on the state of the industry and where we are headed. On September 9th, UA’s Jon Bennest and Michael Ferreira presented “Retreat or Resilience”, which went through the sales numbers of the pandemic so far. Though the market experienced a 32 per cent decline, these numbers are impressive considering the massive economic slowdown in most other segments of the economy. The strong rebound in the townhome sector, as well as the sustained demand in the low-rise condo market, has been driven by a younger, end-user buyer, and Michael and Jon predicted a rebound of investor activity in late 2020 or early 2021. With very few high-rise products released during the COVID lockdown, and a lower number of presales across the board, the strong demand that has withstood the pandemic tests means there is a low level of unsold units, and no concern of over-supply. This, in addition to low borrowing rates means that the market seems strong and stable for the near future. nexthome.ca 15

HOT PROPERTIES

2 7 2 St

Cedar St

248 St

14. MURRAYVILLE HOUSE Fraser Hwy. & 224th 604-427-4320

16. UNION PARK 20712 82 Ave. 604-882-0098 polyhomes.com

17. GABRIOLA PARK 20498 82nd Ave. gabriolapark.com

18 LATIMER HEIGHTS 8207 202B St. 604-371-0698 latimerheights.com

19. REUNION 216 St. & 48 Ave. reunionliving.ca

20. ALEXANDER SQUARE 80 Ave. & 208 St. alexandersquare.ca

Many with Dens. Move in Ready OPEN SATURDAY AND SUNDAY 12-5 OR ANYTIME BY APPOINTMENT

16 New Home + Condo Guide | Oct. 3–17, 2020

0 Ave

28. BRISTOL HEIGHTS

20416 Park Ave. 888-880-8283 enduringluxury.com

30930 Westridge Pl. 604-607-7801 polyhomes.com

22. LATTICE SQUARE

29. GARDNER

208th St. & 72nd Ave. 604-427-3407

Maclure Rd. & Livingstone Ave. mosaichomes.com

23. CENTRAL 221 St. & 48a Ave. 604–560–0272

24. FRASER 221 St. & 48a Ave. 604–560–0272

25. ARISTOTLE 8948 202 St. 604-239-1559

30. COURT Gladwin Rd. & Ventura Ave. courtliving.ca

31. VENTURA 32838 Ventura Ave. 604-859-6196

26. TRIBUTE

32. MACLURE POINT

20276 - 73A St. 604-723-4497 tributebyessence.com

33. MARQ

31548 Upper Maclure Rd. 778-241-6181

ABBOTSFORD

Marshall & McKenzie Rd. marqrowhomes.com

27. ELMSTONE AT WESTERLEIGH

34. ALLWOOD PLACE

103 - 3690 Townline Rd. 604-852-5188 polyhomes.com

2-32633 Simon Ave. onni.com

ONLY 10 HOMES REMAIN! SAVINGS OF UP TO

50,000

Vye Rd

De la ir

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Y ale

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Clearbrook Rd

2 6 4 St

Huntingdon Rd

21. LEGACY ON PARK AVENUE

1 & 2 BEDROOM HOMES www.murrayvillelangley.ca

Ol La d

240 St

23 2 S t

Blue B lue JJay ay SStt

244 St

200 St

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120 – 8912 202 St. 778-705-0788 lifeatkeystone.com

Old

Sumas Way

13. KEYSTONE

McCallum Rd

264 St

256 St

232 St

224 St

Mt Lehman Rd

216 St 216 St

216 St

20 8 St

Grand St

232 St

208 St

196 St

ov er

208 St

184 St

Glo ve r

208 St

2 1 2 St

200 St

192 St

184 St 184 St

216 St

198 St

192 St Rd

168 St

204 St

152 St

154 St 156 St

Johnston Rd

148 St

144 St

Nichol Rd 141 St

sto

207 St

Harris Rd

Baynes Rd

192 St

Pacific Hwy

156 St

148 St

1 48 St

125a St

172 St

142 42 2 St

144 St

132 St

128 St

120 St

168 St

148 St

144 St

132 St

120 St 112 St Dr

152 St

King George Blvd

144 St

132 2 St

128 St

134 St 132 St

116 St

140 St

r ive

120 St

Gr ac

eR d

Fra ser R SF PR 11 4 S

140 St

Marshall Mar Ma rshall Rd R

side Rd River

128 St

31 33 van Ave Av Bevan

Marshall Rd

McMillan Rd

LANGLEY

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Maclure M acllure R ac Rd d

34 30

Ge G orge Fer guson Way Old Y ale Rd S Fraser W ay st Ave Hill cre Peardonville Rd

Ash St

152 St. woodandwaterbyanthem.com

Bell Rd

10329 165 St. 604-427-1803 foxridgehomesbc.com

12. WOOD + WATER

8242 200 St. 604-371-0698

0 Ave

Lefeuvre Rd

5. PARKVIEW ESTATES

18843 72 Ave. 604-576-8833

15. LATIMER VILLAGE DISCOVERY CENTRE

272 St

11267 133 St. 604-500-0936

11. THE CORNERS

Fra se rR ive r

Bateman Rd

King Rd

256 St

4. PHOENIX HILL

University Dr & Old Yale Rd theholland.townline.ca

248 St

14499 64th Ave. sterlinglife.ca

10. THE HOLLAND

240 St

3. STERLING

17557 100 Ave. 778-537-7787

Hw ed Lou g he

ord-Mission Hw y Abbotsf

Riverside St

Simpson Rd

Downes Rd

Gladwin Rd

Fraser Hwy

ad aH wy

rook Rd

Ca n

Bradner Rd

248 St

272 St

d Statio n R

29 Ave

Tra

C le

Ross Rd

Townshipline Rd

16 Ave

232 St

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

9. FRASER HILL

224 St

2. PARK GEORGE

204th St. & 77A Ave. 604-371-0733 foxridgehomesbc.com

216 St

160th St. & 96 Ave. canopyliving.ca

8. WESTBROOKE AT WILLOUGHBY

0 Ave

Harris Rd

208 St

184 St

0 Ave

Draper St

Harris Rd

Glenmore Rd

Hwy

8 Ave

4 Ave

y Hw

er Riv er as Fr

Olund Rd

264 St

224 St

200 St

NEW CONDOS

Stave Lake St

Home St

Wren St

Hurd St

Westvie w

da 5 6 A v e Hw y

Le feuvre Rd

Fras er

16 Ave

8 Ave 99

ed he ug Lo

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52 Ave

32 Ave

24 Ave

7th Ave

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40 Ave

16 Ave

176 St

1. CANOPY AT TYNEHEAD PARK

15111 Edmund Dr. 604-239-3382

192 St

160 St

10 Ave

SURREY

7. TOWNSEND

14 23 24 O ld 19 Yale Rd

56 A

20 Ave

0 Ave

19255 Aloha Dr. 604-404-1494

28 Ave

16 Ave

NEW HOMES

6. CLAYTON STREET

Tra

2 Av e 52 5

Hw y

Best Ave 14th Ave

256 St

184 St

176 St

24 Ave

North Bluff Rd Buena Vista Ave Pac ific Ave

28 Ave

32 Ave

Bri tish Co lum bia

248 St

44 Ave

36 Ave

20 Ave

152 St

16 Ave

164 St

H ne 160 St lai r-B ve ou nc

136 St

124 St

18 Ave

24 Ave

20 Ave

Cherry Ave

Riv er

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28 Ave

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HATZIC LAKE

Ferndale Ave

272 S t

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64 Ave

56 Ave

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240 St

32 Ave

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Bradner Rd

56 Ave

200 St

34 Ave

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64 Ave

62 Av e 10

192 St

36 Ave

Lough eed

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224 St

168 St 40 Ave

88 Ave

64 Ave

60 Ave

42 Ave

MUD BAY

Key

54 Ave

Colebrook Rd

ve ne A

STAVE RIVER

102 Ave

58 Av e

56 Ave

HAYWARD LAKE

104 Ave

2 27 St

112 Ave

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264 St

British Columbia Hwy

177b St 176a St

60 Ave

240 St

64 Ave

58 Ave

64 Ave e

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11 6 188 St

04 St 20 2

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96 Ave

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189 St

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160 St

1 64 St

80 Ave Fra se rH wy

152 St

Hy l a d R 68 Ave n d

Lellan Rd w Mc

88 Ave

84 Ave

Dewdney Trunk Rd

100 Ave

82 Ave 80 Ave

72 Ave

88 Ave 1A

84 Ave

156 St

134 St

King George B l v d

64 Ave

138 St

140 St

Ki ttson Pkwy

96 Ave

92 Ave 168 St

88 Ave

124 St

96 Ave

92 Ave

76 Ave

6 8 Av e

Avve 104 A Can ad da H wy

201 St

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92 Ave

76 Ave

75 Ave

Lyo nR

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98 Ave

82 Ave

72 Ave

100 Ave Fra se

84 Ave 80 Ave

104 Ave

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105 Ave

SF PR

ve Ave 108 A

160 St

88 Ave

108 Ave

Dewdney Trunk Rd

Rd River

96 Ave

92 Ave

112 Ave 110 Ave

110 Ave

99 Ave

Whall e y B lvd

Av e

122 Ave

Dewdney Trunk Rd

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10 Rd

160 St

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112 Ave 1

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176 St

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180 St

Ford Rd

Fra ser R iv

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Laity St

SURREY - LANGLEY - ABBOTSFORD - MISSION

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Sales Start October 3 rd, 2020

A COLLECTION OF

PREMIUM SINGLE FAMILY HOMES Welcome to Brookswood Mills where time slows a little, natural beauty surrounds you and there is a renewed sense of community. Located within the beloved and highly sought-after community of Brookswood/Fernridge, enjoy forested parks, scenic ponds, sports fields and extensive multi-use trail networks just steps from your doorway. Whether you hike, bike or simply want to just take it all in, the beauty of nature and traditional living radiates throughout. A limited collection of 35 elegant 4,200 to 5,050 sq. ft., 3-or 4-bedroom single family homes situated on over 7,500 sq. ft. fully fenced and landscaped lots. Choose from a selection of expertly designed home styles featuring a mix of welcoming farmhouse charm and classic craftsman-style with rich exterior accents of wood, stone and shingle detailing. Step inside to the feeling of a custom home with an uncommon variety of added options such as ceiling beams, built-in millwork, finished basement or choose the option to add a legal basement suite for added rental income or multi-generational living.

Donâ&#x20AC;&#x2122;t miss this advanced opportunity to purchase one of these limited premium home styles.

TARA DESMOND | 604.202.3008 Located at the corner of 204th St & 28th Ave

BRO OKSWO ODMILLS.COM

In our continuing effort to improve and maintain the high standards of the Brookswood Mills community, Vesta Properties (Brookswood Mills) Ltd. reserves the right to modify or change plans, specifications, features and/or prices without notice. Renderings are an artistâ&#x20AC;&#x2122;s conception and are intended as a general reference only. E&O.E.

COVER STORY

BROOKSWOOD MILLS ENDLESS POSSIBILITIES Surrounded by soaring evergreens and parkland, an exciting community is about to make its debut. Introducing Brookswood Mills, 35 single-family homes situated in South Langley’s beloved and highly soughtafter Brookswood-Fernridge neighbourhood. “This community is a celebratory return to Vesta’s tradition of building elegant, family-oriented single-family homes,” says Tara Desmond, BC sales manager. “There is a huge demand for single-family living and virtually no availability. So Brookswood Mills represents an amazing opportunity to own your dream home.” 18 New Home + Condo Guide | Oct. 3–17, 2020

DISTINCTIVE BY DESIGN

Brookswood Mills, Tara explains, will feature two distinctive architectural styles — traditional Craftsman and modern farmhouse that pays homage to Langley’s deep agricultural roots. “Many will have covered front porches where people can hang out with friends or family. There’s an option for RV parking, and one plan even has a side-by-side garage plus a tandem that could become a workshop for tinkering with your vintage car, tuning up your bikes, or storing seasonal sports gear.” Interiors, too, will honour both history and vision. “We’re planning three colour palettes — modern,

farmhouse, and classic — that will be a starting point for you to customize your home with a selection of millwork or a choice between matte black and brass hardware,” Tara says. Definitely designed with growing and multi-generational families in mind, Tara adds that these homes are large — 4,200 to 5,050 square feet including basement — with three or four bedrooms and the ability for a fifth on the lower level. Some of the lots are over 7,500 square feet, so you have privacy and plenty of space for a garden.” IDYLLIC SETTING

Natural beauty and greenery are

“

This community is a celebratory return to Vesta’s tradition of building elegant, family-oriented single-family homes.

”

Tara Desmond

interwoven into the fabric of life at Brookswood Mills. Campbell Valley Park, a lush oasis of oldgrowth trees, is located on one side of the property, plus there will be an expanding network of trails and greenways criss-crossing the property and connecting to Langley’s existing trail system. Or check out the sports fields and ponds at Noel Booth Park just a few blocks to the east. All this, yet you still have easy access to urban amenities including Willowbrook Mall and a diverse array of restaurants and eateries. Sure to be a hit among families with children, schools at all levels are nearby including the Langley Fundamental School, a private school option, and Kwantlen Polytechnic University. Quick access to Highway 99 also provides a convenient connection to Richmond, Vancouver Airport, Tsawwassen Ferry Terminal, and Vancouver. Brookswood Mills is located at 28th Avenue and 204th Street in south Langley. Sales start October 3, so be sure to register so you’re on the VIP list for information as it’s released. Visit brookswoodmills.com and get ready to create your dream home.

LOCATION 28th Avenue and 204th Street, Langley BUILDER Vesta Properties HOME TYPE Single-family CONTACT brookswoodmills.com

NEIGHBOURHOOD PROFILE

WILLOUGHBY WILLOWBROOK AN EMERGING NEIGHBOURHOOD by MICHELLE HOPKINS Willoughby is nestled in the north of Langley Township and south of the Trans-Canada Highway. Once a sleepy farming community, Willoughby is an emerging neighbourhood that is one of the fastest growing municipalities in the province.

DOLLARS & SENSE

LIFESTYLE

PLANES, TRAINS AND AUTOMOBILES

Willoughby has a real small-town feel, a community where neighbours greet each other with a smile. Whether it be walking or hiking at Gabriola or Yorkson parks or catching a game at the Langley Events Centre, residents enjoy plenty of leisurely opportunities.

It’s easy to get in and out of the city since Willoughby is right off the freeway and most of Langley is within a few minutes of it. Commuting to Vancouver is less than an hour on most days.

IN THE AREA

Many young families have been drawn to this neighbourhood because of its affordability. Already, there are two new elementary and middle schools, with a high school slated to open in the fall of 2019. 20 New Home + Condo Guide | Oct. 3–17, 2020

Aside from costing roughly half the price of a home in the Lower Mainland, many residents say it offers a better quality of life. Willoughby celebrates its rural roots while embracing its growing urban ones.

REAL ESTATE

There is a healthy mix of housing available, with an even split between single-family and multi-family homes (townhouses to condos and apartments) from which to choose. Willoughby Town Centre is a master-planned neighbourhood by Qualico, and a place that respects

HOT SPOTS

strEATS CANADA Tacos, burritos, fish and chips and poutine … does it get any better than that? Fresh, locally sourced ingredients and sustainability caught seafood packed into mouthwatering eats.

MATTU’S COFFEE & TEA With two locations in Langley, this popular java spot serves organic gourmet coffees and teas from around the globe. While you are at it, grab one of its fresh baked goods.

Edgewood Estates

the past, values community, and celebrates the fact that Langley is a great place to live. With its quality homes and retail spaces, including Ban Chan Korean Bistro, Dairy Queen, and a grocery store, pedestrian plazas and pleasant walkways, Willoughby Town Centre has something for everyone. Nearby, Foxridge is selling a new phase of Westbrook at Willoughby, a vibrant collection of three-, four-,

five- and six-bedroom single family and non-strata row homes, located just minutes away from family-friendly parks and schools (a new elementary is being built across the street). Nearby, Vesta Properties is building Brookswood Mills, a collection of 56 singlefamily homes situated in South Langley’s beloved and highly sought-after BrookswoodFernridge neighbourhood.

THE MAD ITALIAN PIZZA COMPANY Pizza is one of Italy’s national treasures – and at Mad Italian Pizza Co. too, where they lovingly craft the humble pie.

nexthome.ca 21

PROPERTY PROFILE

LOCATION Langley BUILDER Vesta Properties HOME TYPE Master planned community SALES CENTRE 20265 82 Ave. in Langley CONTACT latimerheights.com or 604.371.0698

LATIMER HEIGHTS YOUR PERFECT HOME Possibilities are endless at a spectacular new homeownership opportunity in Langley. Introducing Latimer Heights, a 74-acre master planned community ideally located in the Willoughby neighbourhood and brought to you by Vesta Properties. “Latimer Heights is a new community that’s going to be totally unique in the Lower Mainland,” says Tara Desmond, BC sales manager. “Any kind of home you dream of, you’ll find here. Townhomes, rowhomes, condos, single-family, strata or non-strata — we literally have something for every buyer.” She adds that several downsizers purchased a townhome for themselves and loved it so much, they bought a condo for the kids. ENGAGED LIFESTYLE

Long known for their commitment to the environment, Vesta has, once again, ensured the people who call Latimer Heights home will be surrounded by greenery. Seventeen acres will be preserved as parkland. Trails will criss-cross the property, and a central pond is poised to become a favourite place to indulge in an evening stroll with family or friends. 22 New Home + Condo Guide | Oct. 3–17, 2020

And don’t forget Latimer Village that’s now taking shape. This bustling shopping district will feature boutique-style shops, trendy restaurants, cozy cafes, and a modernized business district. A great place to meet a friend for coffee or enjoy a night out. TRANSIT ORIENTED DEVELOPMENT

Vesta is proud to be on the cutting edge of creating transit-oriented developments (TOD). Vibrant and sustainable, these urban communities provide an active, socially engaged lifestyle that’s focused around reliable transit and pedestrian oriented alternatives. And Latimer is a showcase of this inspired lifestyle. With multiple transit stops just a short walk away, here you’ll find it easy to connect to… well everywhere. You’re just minutes from Langley’s main thoroughfares, the Carvolth Park’n’Ride exchange is just down the road, or hop onto Highway 1 for easy access to Coquitlam, Burnaby, Vancouver, and points east. The Latimer discovery centre and display suite are open by appointment at 20265 82 Ave. in Langley. For more information, visit latimerheights.com or call 604.371.0698.

GREEN BELT SINGLE FAMILY HOMES NOW SELLING Introducing our newest home style at Latimer Heights, the Classic Single Family Homes are an elegant collection of 3 & 4 bedrooms ranging in size from 2,693 to 3,046 sq. ft. situated on spacious lots backing onto a park and greenbelt.

Legal Basement Suite Options Available

STARTING FROM $1,150,000

SINGLE FAMILY HOMES

FREEHOLD ROWHOMES

TERRACED TOWNHOMES

VILLAGE CONDOS

3 & 4 Bedrooms with Legal Basement Suite Options Starting from

3 Bedrooms No Strata Fees Starting from

2 & 3 Bedrooms Modern Interiors Starting from

1, 2 & 3 Bedrooms Bright Open Concept Living Starting from

$995,000

$799,000

6 04 . 37 1.0 698

Sales Centre

latimerheights@vestaproperties.com

20265 82 Avenue, Langley Open Daily, 12 PM to 5 PM Closed Thursday & Friday

LATIMERHEIGHTS.COM

$529,000

$389,000

Dimensions, sizes, specifications, layouts, and materials are approximate only and subject to change without notice. E.&O.E.

PROPERTY PROFILE

LOCATION Surrey BUILDER Anthem Properties HOME TYPE Duplex townhomes SALES CENTRE 15255 Sitka Drive CONTACT woodandwaterbyanthem.com or 604.770.0883

WOOD & WATER NATURALLY SPECTACULAR Imagine this: a spacious, modern home nestled amid parkland and adjacent to the lush greens of Eaglequest Golf Course in Surrey’s desirable Fleetwood neighbourhood. Now say hello to Wood & Water, Anthem’s newest master planned community in Surrey. At Wood & Water, you’ll discover a unique lifestyle. Here you’ll find a neighbourhood criss-crossed with trails and creeks, filled with trees — more than 1,000 in total — and where a sparkling creek meanders through the property. It’s a tranquil, secluded setting, and you’ll likely find yourself letting out a sigh of sheer relaxation every time you come home. ELEVATED LIVING

Inside, these homes are designed with contemporary living in mind. Kitchens are open and inviting with plenty of counterspace for when you’re ready to kick your culinary skills into high gear. Master suites provide a soothing, spa-inspired retreat — just what you’d expect from this much-honoured developer and the perfect oasis after a day at The Treehouse, Wood & Water’s residents’ only clubhouse. 24 New Home + Condo Guide | Oct. 3–17, 2020

“We really wanted to elevate the way these homes are finished,” says Ben Taylor, Anthem’s director of sales. “Our two-level, duplex homes have been especially popular with move-up buyers who want an elegant look with familyfriendly floorplans.” CONNECT WITH LIFE

Ready to explore? From golf and swimming pools to restaurants and retail therapy, there’s plenty to keep you entertained and on the go. Plus there are schools at all levels nearby — meaning it’s perfect for kids and lifelong learners alike. “Wood & Water has definitely been our most successful project launch so far in 2020, and our first release is already 60 percent sold,” Ben says. The Wood & Water presentation centre and three model homes are open noon to 5 p.m. Saturday through Wednesday or by appointment at 15255 Sitka Drive in Fleetwood. For more information, visit woodandwaterbyanthem.com or call 604.770.0883.

2 - 4 Bedroom + Den Townhomes and Duplexes 2 - 4 Bedroom + Den Townhomes and Duplexes Lush Green Spaces · Walking Trails · Daycare · Residents' Clubhouse Lush Green Spaces · Walking Trails · Daycare · Residents' Clubhouse

Spaces Spaces That That Make Make Life Life Simpler Simpler

152 ST 152 ST

FRA

76 AVE

FRA

SER SER

PRESENTATION CENTRE PRESENTATION CENTRE

Now Selling. 3 Bedroom homes starting from $639,900* Now Selling. 3 Bedroom from $639,900* Vist Us Today. Open Saturday to Wednesday homes Noon to 5pmstarting · Or by Appointment Vist Us Today. OpenSurrey Saturday to Wednesday 1-15255 Sitka Drive, · 604 868 8758 Noon to 5pm · Or by Appointment 1-15255 Sitka Drive, Surrey · 604 868 8758

woodandwaterbyanthem.com woodandwaterbyanthem.com

76 AVE This is not an offering for sale, as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. E.&O.E.

This is not an offering for sale, as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. E.&O.E.

HOT PROPERTIES

FIND YOUR NEXT HOME This page features a few of the latest properties to keep your eye on in the Metro Vancouver area.

PREVIEWS & REGISTRATIONS HIGHPOINT Home Type: High-rise condominiums Developer: Ledingham McAllister On the Map: Coquitlam Web: highpointbyledmac.com Soaring 51 storeys above Coquitlam’s hottest up-and-coming west end neighbourhood, Ledingham McAllister’s Highpoint is poised to establish a new peak of luxury in Coquitlam. Homes will range from one- and twoplus-den to three-bedroom plans, all with impressive architectural details, ninefoot ceilings, expanses of glass offering gorgeous sunset vistas, and spacious outdoor decks and patios overlooking the vibrant city of Coquitlam and its lush natural surroundings. Register now.

HAZELWOOD AT SOUTH GRANDVIEW Home Type: Townhomes Developer: Hungerford Properties On the Map: South Grandview, Surrey Web: hazelwoodliving.com Nestled in the residential neighbourhood of South Grandview, Hazelwood is a charming collection of 152 townhomes presented by Hungerford Properties. These three- and four-bedroom homes are designed for family life in a timeless West Coast contemporary style. Register now.

RODERICK Home Type: Low-rise condominiums and townhomes Developer: Platform Properties On the Map: Steveston Web: roderickliving.ca/steveston A home at The Roderick places you in the heart of Steveston Village, close

to waterfront attractions and urban amenities, yet removed from the summertime crowds. This exclusive collection of 25 apartment residences and seven two-storey village homes are larger than average and more luxurious than ever, with expansive terraces and rooftop decks. Register now.

HERITAGE: 16TH + BURRARD Home Type: Townhomes Developer: Formwerks Boutique Properties On the Map: Vancouver Westside Web: heritagebyformwerks.com/ sixteenth-burrard Description: The Arts and Crafts significance of three heritage residences is upheld in two-, three-, and four-bedroom townhomes, duplexes, and coach homes on a leafy Fairview street. While honouring the late 19th century style and salvaging original details, Formwerks’ interior design team has crafted homes that are modern in function and classic in design. These homes are complete and available for purchase with prices starting at $1,499,900, register now.

HERITAGE: FOURTH & TRIMBLE Home type: Character townhomes Developer: Formwerks On the map: Point Grey Web: coming soon Description: A Craftsman-style character residence will be revitalized and converted into a duplex and joined by two complementary buildings to create a collection of six character homes only steps from Jericho Beach. These twobedroom plus den and three-bedroom

homes will feature water and mountain views, and include an optional elevator upgrade, perfect for aging-in-place. Coming this Autumn, register now.

POPOLO Home type: Low-rise condominiums Developer: Epix Developments On the map: Vancouver Eastside Web: lifeatpopolo.com Info: Epix is about to launch a six-storey, 81-unit multifamily condominium building located in close proximity to the Commercial Drive and Broadway intersection in East Vancouver. Popolo will offer one-, two- and three-bedroom units complete with two levels of underground parking. The building will feature well thought-out floorplans, an impressive level of finishes as well as an energy-efficient forced air heating and cooling system as standard in all units. Register now.

OSPREY AT WATERSCAPES Home type: Low-rise condominiums Developer: Ledingham McAllister On the map: Kelowna Web: www.ledmac.com/waterscapes/ about/osprey Info: Welcome to Osprey at Waterscapes. Designed by the award-winning Rositch Hemphill & Associates, this beautiful collection of craftsman-style homes offer you both elegant and leisurely living. These previously loved homes include large, functional kitchens, open-living spaces, spacious patios and access to the private amenities of the Cascade Club. Combining both style and function, each home provides the space to entertain, retreat, relax. Register now.

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

Advice | MortgAge Minute

BorrowErs Be AwAre Considering the pEnalty on A disCounted rAte

AlisA ArAgon Mortgage rates are at historic lows, yet when looking for a mortgage, it is important to look beyond the rates you are being offered and pay attention on how much it will cost to break the mortgage. The lender will have two options to determine how much you will pay depending on the type of mortgage that you have. If you are in a variable rate mortgage, the maximum you would pay most likely is threemonth penalty interest. However, if it is a fixed mortgage, you will pay the greater of either the Interest Rate Differential (IRD) or three-month interest. The IRD is calculated by determining the difference between the mortgage rate in effect and the rate available at the time of the pre-payment multiplied by the term remaining on the mortgage. The interest rate differential is meant to compensate the lender for having the mortgage paid early. Lenders have several different ways of calculating their pre-payment penalties, therefore, it is critical that you find out how they will be calculated upfront, before signing your mortgage, even more so if you think you might need to get out early. Here is how the IRD can have a huge impact on what your penalty will be. A client was looking to

refinance their mortgage, as they wanted to take equity from their home for investment purposes. Their current mortgage was held by one of the big banks. When they signed their original mortgage, the bank had offered them a discounted rate of 2.99 per cent and their mortgage was up for maturity in August 2023. One would think that the Interest Rate Differential (IRD) penalty might seem to be very low because of the effective rate of 2.99 per cent. Except the rate of the original mortgage was discounted from 5.27 per cent (posted rate at that time). Therefore, 5.27 per cent was used when calculating the IRD penalty. To the client’s big surprise, instead of paying $2,228 in penalty, they had to pay over $15,000 in order to break their mortgage with the bank. Since the penalty was substantial, the clients decided to

wait until their mortgage was up for renewal. “Monoline” lenders only work with Mortgage Experts, and many of them use the contract or effective rate when they calculate the IRD penalty on fixed rate mortgages, unlike the banks. Since they use actual contract rate, the penalty would have been much lower for the clients mentioned above. As Mortgage Experts, we will develop a financial strategy to find you the best mortgage options and will guide you throughout the decision making process, to ensure that you not only consider your current situation but make sure you look at future scenarios as well.

+more adVICE online nexthome.ca/news/advice

nexthome.ca 27

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6. CEDAR CREEK 604-529-8868 liveatcedarcreek.com

MOVE IN NEXT SUMMER AND

SAVE UP

15,000*

TO $

ONE, TWO AND THREE BEDROOM CONDOS 28 New Home + Condo Guide | Oct. 3–17, 2020

LIVEATCEDARCREEK.COM

P. 604.529.8868

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604-435-8088 72 Ave 2463 Beta Avenue info@luminabrentwood.com

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728 Ewen Gr Avenue 110 Ave 604-553-8228 108 Ave www.liveatoxford.ca

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750 Quayside Drive Fra ser R ive pierwestbybosa.com

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8725 University Crescent libertyhomes.ca

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12. PIER WEST

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d Wa y Glen Dr College Park Way Gui l 9. HIGHLINE St Murray R unnel Rd Clarke Rd ney Tru Sussex StreetDe&wdBeresford Ave. 604-451-3636 Way yS

Unive vers rsit ity D ity Dr W

Duthie Ave

Bond St Grange St

Canada Way

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4354 Hastings StDa vi d A v e 604-336-9182 storiabybeedie.com

Jo h n son S t

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8. STORIA HEIGHTS o r a m a Dr

156 St

Grand Blvd E

St An dr

e ws Ave

HOT PROPERTIES

MOVE IN NEXT SUMMER

PLUS SAVE UP TO $15,000* INITIAL DEPOSIT FROM ONLY 5%*

1 BEDROOM AND DEN FROM $529,900* 2 BEDROOMS FROM $599,900*

PHASE 1 - 80% SOLD PHASE 2 - NOW SELLING

CEDAR CREEK LIVING • ONE & DEN TO THREE BEDROOM HOMES • EASY WALKING DISTANCE TO EDMONDS SKYTRAIN STATION • STEPS AWAY FROM SCHOOLS, SHOPPING AND RECREATION • INVEST IN AN ESTABLISHED NEIGHBOURHOOD FROM A REPUTABLE DEVELOPER WITH 115 YEARS OF EXPERIENCE • WATCH YOUR COMMUNITY GROW AS CEDAR CREEK IS CURRENTLY UNDER CONSTRUCTION

LIVEATCEDARCREEK.COM P. 604.529.8868

CEDAR CREEK SALES CENTRE 7166 14th Avenue, Burnaby Open Sat-Thurs 12pm-5pm (closed Friday)

*Prices and promotions are subject to change and/or cancellation without notice. Promotion not applicable to existing contracts and only available to new purchases. Up to $15,000 promotion credited as a decorating allowance at closing. Please contact on-site sales rep for details. Maps and renderings are artistic representation only. The developer reserves the right to make modifications or substitutions should they be necessary. This is not an offering for sale. Any such offering can only be made by way of disclosure statement. LM Cedar Creek Homes LP develops the quality residences at Cedar Creek. E. & O.E.

64 Ave

British Columbia Hwy

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Colebroo k Rd

Gra de 192 St

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10 1 0 Ave

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1. GRANDVIEW AT SOUTHRIDGE CLUB

4. EDGEWOOD GATE

8 Ave 184 St

NEW CONDOS

17 6 S t

NEW HOMES

7. EDGESTONE @ GRANDVIEW HEIGHTS

10. PACIFIC AT 0 Ave McNALLY

21 Ave. & 165B St. edgestone@qualico.com

10th Ave. & 162A St. pacificatmcnally.com

15828 Mountainview Dr. 604-582-1113

604-385-3540 edgewood@qualico.com foxridgehomesbc.com

2. HYDE PARK CORNER

5. ORCHARD PARK

8. CARSON

11. EASTRIDGE

28th Ave. & 156th St. 604-560-0272

604-535-2221 16650 25A Ave liveatorchardpark.com

2328 167A Street 604-538-3883 liveatcarson.com

5528 148th Street eastridgepanorama.ca

6. IMPERIAL AT GRANDVIEW

9. ALTUS

3. EDGEWOOD ESTATES

15633 Mountain View Dr. liveatimperial.com

1589 Maple St. 778.294.7794

12. FANTOM 14825 Thrift Avenue 604-538-8028

13. FOSTER MARTIN 1484 Martin Street 604-531-7111

30 New Home + Condo Guide | Oct. 3–17, 2020

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16798 Edgewood Dr. 604-385-2881

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HOT PROPERTIES

0 Ave

Now Selling

OVER

50%

SOLD

36 Rancher Style Townhomes A boutique site with only 36 homes available. Starting at

$850,000 + GST TO P FEAT URES : •

Spacious rancher style townhomes with 9'-12' vaulted ceilings and large basements

•

Generous backyards with covered patios to enjoy in all seasons

•

Double-wide garages with optional car charging stations

•

Optional air conditioning with climate control by Nest

152 ST

R AMA D

56 AVE

PANO R

148 ST

COVID-19 sanitization protocols in place to ensure safety for all. Private appointments available upon request.

5528 148 Street, Surrey Open daily from 12-5 PM (Closed Fridays)

EASTR ID G EPANORAMA .CA 6 0 4. 398. 21 61 | INFO @ EAST RID GEPANORAM A .CA This is not an offering for sale. An offering for sale can only be made with a disclosure statement. E.&O.E.

ADVICE | INDUSTRY INSIDER

FALL FORECAST WHAT’S HAPPENING IN THE NEW MULTIFAMILY MARKET

SCOTT BROWN

As the days shorten and the majestic seasonal transitions of nature are once again in full display, I find myself reflecting back on the summer that was – or was not - and cautiously but optimistically look ahead. This summer began with the sudden tragic death of my friend 32 New Home + Condo Guide | Oct. 3–17, 2020

and business partner at Kelownabased Epic Real Estate. A funeral for such an outstanding man is hard enough without having to endure the health and safety related protocols made necessary by the global pandemic. He will be missed. Our team and the Epic team are committed to carrying out his vision. I make the statement “or was not” because the month of July, August and September typically are slower sales months and thus present an opportunity for rest

and recreation. Not so much this year, as the pandemic frozen demand of Spring melted, leading to accelerated sales month over month for a number of months in a row, and more surprisingly, year over year growth. Yes, the summer of 2020 was a hotter market than 2019. I remember in late April/early May telling our clients that June could be like May, June like July, July like August and August only half as slow as normal. This materialized, but in a fashion beyond my

“

The market overall is likely to remain undersupplied and is unlikely to keep pace with population growth, changing end user trends, extra provincial migration, intra- provincial migration, and foreign immigration.

”

3535 Princeton in Coquitlam

optimism and it has continued through Labour Day and into the early days of fall. It is worth noting that the Metro Vancouver market did recover from the Global Recession of 2008 in a truly remarkable fashion. It appears history is repeating itself partially due to historically low interest rates, combined with current and projected population growth, and chronically restricted supply of re-sale and new homes. COVID-19 certainly hampered the predicted market acceleration

for 2020. However, starting in June, both new and re-sale markets significantly improved and it is quite probable that all the losses will be recovered by Christmas posting a flat or moderately increased year over year market growth. The pandemic had brought some relief to upward pressure on inflation and price appreciation. Now given the levels of supply and pace of absorptions, prices are rising again, and given the positive sales growth in the new home market, expect higher prices soon. The market overall is likely to remain undersupplied and is unlikely to keep pace with population growth, changing end user trends, extra provincial migration, intra- provincial migration, and foreign immigration. Looking to what’s next we do see the suburban markets offering the most significant and attainable opportunities for first time homebuyers and low-cost, lowrisk opportunities for investors. From a more micro perspective, we are expecting success at highrise developments in Burnaby, Coquitlam, Port Moody, North Vancouver, Richmond, Surrey City Centre and Guildford, as well as in wood frame developments near

transit offering a value play, and townhomes almost everywhere. Finally, is it me or does the last few months of any year seem to slip away much faster than the first ones? Soon the holidays will be upon us. As we look forward from here to there, please keep in mind that COVID-19 is not going away anytime soon. We have all had to adapt and will likely continue to have to. Our team at Fifth Avenue is working collaboratively with our research partners at Urban Analytics to crunch the numbers, compile and present the Fall Edition of our comprehensive report on the new multifamily residential market in Metro Vancouver. We call this report The Fifth Dimension and it is freely available at our website – fifthave.ca. We are happy to share our knowledge and experiences with you. Scott Brown is the president and CEO of Fifth Avenue Real Estate Marketing Ltd. Scott brings an unparalleled level of expertise and an innovative approach to the marketing and sales of new-home developments from the ground up.

+MORE ADVICE ONLINE nexthome.ca/news/advice

nexthome.ca 33

ADVICE | PERSONAL FINANCE

HOW TO PREPARE TO BUY A HOME IN A HOT MARKET

JESSE ABRAMS

As lockdown restrictions ease up and provinces enter new phases of reopening, we’re seeing the Canadian housing market experience the momentum of a delayed “hot spring market” into the summer. With more people listing their homes and resuming home searches, we saw one of the hottest June markets nation-wide in a really long time. According to the Canadian Real Estate Association, national home sales shot up a total of 63 per cent month-over-month in June, with an increase of 15.2 per cent in overall activity year-over-year. As restrictions for open houses are being lifted, we can expect this trend to continue into the later summer months. So, how can buyers best prepare for this hot housing market? 1 DETERMINE YOUR DOWN PAYMENT

A down payment is the amount of money a homebuyer pays up front when purchasing a home. Knowing what your down payment is from the get-go will make for a more productive home search. It will also give you a rough idea of how much you need to borrow for a mortgage, while helping you budget for other expenses such as closing costs and land transfer taxes, if you’re not a first-time homebuyer. 34 New Home + Condo Guide | Oct. 3–17, 2020

2 GET PRE-APPROVED FOR A MORTGAGE TO FIND OUT WHAT YOU CAN AFFORD

Once you have a clear idea about what your down payment is, getting pre-approved for a mortgage is your next step. Preapproval will help you establish your home affordability and what you can borrow right from the start. Having this information will allow you to set a realistic budget, which in turn will simplify your home search and make for a much more enjoyable home shopping experience. At Homewise, we’ve seen a strong increase in preapprovals over the last three months as buyers were getting prepared to enter the market. 3 FIND A GOOD REALTOR

Once you’re ready to start home shopping, find a knowledgeable realtor that knows how to navigate a hot market. You’ll want to find an unbiased individual that will steer you in the right direction and help you understand if you have access to buying opportunities in a broader market. 4 SHOP ONLY FOR WHAT YOU CAN AFFORD

Whether you’re looking at a new

or resale home, a key rule of thumb when shopping in a hot market is to shop only for what you can actually afford. One of the biggest mistakes buyers make is losing sight of their budget and spending beyond their means. When buying resale and you find yourself in bidding situation, make a five-day conditional financing offer. This gives you necessary time to work with a lender that can shop around and get the financing you need to close the deal. At the end of the day, purchasing a home is a really exciting milestone. Being prepared and knowledgeable will only help you maintain this excitement as you enter a competitive marketplace. Knowing what you can afford will ensure you make a well-informed buying decision that you can feel good about. Happy shopping!

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

+MORE CONTENT ONLINE myhomepage.ca

HOT PROPERTIES

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WEST COQUITL AM TOWNHOMES

A limited and unique-to-Coquitlam collection of 34 three-bedroom & two-bedroom + lock-off townhomes starting from the high $800’s. Featuring · Separate mortgage-helper suites · Versatile spaces

· Storage solutions

E-Launch Autumn 2020. Register Now.

LIVE AT THEROBINSONS .C A

Marketing by Formwerks Boutique Properties. This is not an offering for sale. Any such offerings may only be made with a Disclosure Statement, E.&.O.E.

PrOPertY PrOFile

The Robinsons PictuRe PeRfect in West coquitlam Something fresh, inviting, and innovative is coming to West Coquitlam. Introducing The Robinsons, a two-phase collection of elegant townhomes surrounded by parks, amenities, and transit — everything a family needs — and priced from the high $800,000s. This is a community with character, a place where friendships are born and memories are made. The perfect community to call home. Creative OutlOOk

Tucked into a quiet, residential neighbourhood, The Robinsons’ initial phase of 34 townhomes is already turning heads and winning hearts. “West Coquitlam is evolving 38 New Home + Condo Guide | Oct. 3–17, 2020

into such a dynamic place to live,” says James McKenny, Formwerks’ director of sales and marketing. “There haven’t been many townhomes built here recently, especially not priced under $1 million, so this truly is a rare opportunity.” Not only that, The Robinsons offers an exciting first in the area. Eight of the 34 homes in phase one will include a lower-level lock-off suite that could be used as a mortgage helper or a private suite either for boomerang kids or parents who’d like to be closer to their family. It’s all about providing flexibility in a changing world and recognizing the many ways families can be structured.

a hOme FOr all SeaSONS

Inside, The Robinsons is a timeless, family-oriented oasis that effortlessly blends style and function. Pull up a chair at the kitchen eating bar and admire your significant other’s prowess creating a culinary masterpiece. Or perhaps your taste runs more toward a sizzling barbeque on the back patio. There’s plenty of space whether you choose inside or out. Naturally, you’ll find all the contemporary finishings you crave: quartz countertops, European hardwood-style flooring throughout main living areas, stylish matte black faucets, and state-of-the-art appliances. Colour schemes are bold enough

to stand out yet timeless so they won’t go out of style. Select homes even have a laundry room with space to hang, fold, and store supplies. WelCOme tO YOur NeighbOurhOOd

“

Connected and active, West Coquitlam is a community you’ll be proud to be part of. Parks, schools, retail, restaurants, and the Burquitlam SkyTrain station are all just a short, easy stroll from your front door. There’s also a planned, future greenway coming soon. So even though your home comes with two parking spaces, you’ll likely find yourself walking or biking more than ever. And here’s one more enticement — just in case you need one. The Robinsons’ community courtyard with outdoor play space and herb gardens — the perfect spot to hang out with friends and enjoy the surrounding natural beauty.

There haven’t been many townhomes built here recently, so this truly is a rare opportunity. James McKenny

”

The Robinsons’ presentation and display centre is coming soon to 711 Robinson Street in Coquitlam. For more information and to register for early access to a digital e-launch, visit liveattherobinsons.ca.

lOCatiON Coquitlam builder Formwerks Boutique Properties hOme tYPe townhomes SaleS CeNtre 711 Robinson Street CONtaCt liveattherobinsons.ca

nexthome.ca 39

buyer PrOFILe

a Family aFFair Kim and John Celebrate BricKwater by SuSan M boyCe At 9:59 on the day Brickwater’s second phase launched sales, Kim and John had their email ready. The instant the clock ticked over 10:00, they hit “send,” and a split second later, their offer was first to arrive on the sales team’s desk. “We’d been camping for the weekend when the first building went up for sale,” Kim says. “By the time we got back, there was only one suite left, and it didn’t work for us. We weren’t about to let that happen again.” The couple had known for several years that Brickwater Village was the community they wanted to call home. “Several years ago, my dad decided it was time to downsize from his 4,000-square-foot house into a condo,” Kim explains. “None of the places he looked at worked, until he saw Signature, one of the first phases 40 New Home + Condo Guide | Oct. 3–17, 2020

at Brickwater Village. The elevator wasn’t even functioning yet, so we had to walk up to the third floor. But when I saw his smile, I knew he’d found his perfect new home — 1,550 square feet, massive deck, walk-in pantry, two bedrooms plus a den. His realtor said that after 35 years in the business, she’d never seen anything that compared.” Like Kim’s dad, the couple were clear on the features they wanted from a home. “My husband is a musician, so we needed a third bedroom for his studio. But we were worried the noise might bother our neighbours. When I mentioned it to Nicole, the sales manager, she immediately got the entire team on board to solve our problem.” The solution was simple to define but challenging to execute: have the entire room — even the closet — soundproofed. “I don’t know any other developer who

would have gone to such lengths to meet our needs. They genuinely wanted it to be perfect for us. It’s really true that you become part of the Falcon family when you buy a Falcon home.” Kim’s eyes twinkle. “I’m sure my dad would adopt Nicole if he could.” With their November move-in date fast approaching, Kim says the thing she’s most looking forward to after the moving men leave is indulging in a long, leisurely bath in her “incredibly beautiful, freestanding ensuite tub.” Looking a bit farther ahead, she’s already planning how to make the upcoming holiday season extra special for her father — which sounds like the beginning of a whole new set of family traditions. For more information about Brickwater in downtown Maple Ridge, visit brickwatervillage.com.

10,000 OFF

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ADVICE

HOW TO AVOID COSTLY MISTAKES WHEN BUYING A NEW BUILD by MICHELLE HOPKINS

Who doesn’t love a brand-new home; a house that no one has ever lived in before? Your dream home, a fresh, clean slate with nary a fingerprint on the walls. Sometimes, though, you get so caught up in the excitement of buying that new home, you might gloss over key details that could cost you money. So says Patrick Francey, CEO of the Real Estate Investment Network (REIN). “Your best defense against making costly mistakes is due diligence… be excited about your new construction, but don’t be so swept up in the emotions,” Francey says. “Do your research, take the time it takes so in the end, it takes less time and less stress.” 42 New Home + Condo Guide | Oct. 3–17, 2020

HERE ARE FRANCEY’S TOP SEVEN COSTLY MISTAKES TO AVOID: 1. Not choosing a qualified real estate agent and mortgage broker who specialize in new builds

You want to hire those who work exclusively with a developer or are well versed in new builds. The best source for finding a specialized realtor/mortgage broker is referrals. Then, don’t be afraid to ask them questions about their experience. 2. Not vetting the builder

Not all builders are created equal. If you have never bought a new build before, one of the first things is to check the builder’s credentials: How long he/she

“

Your best defense against making costly mistakes is due diligence… be excited about your new construction, but don’t be so swept up in the emotions.

”

has been in business, are there complaints against them, do they owe money to their trades people? If he is legitimate, he will be happy to provide references. Then call past clients who can vouch for them. Never sign a contract until you have checked the builder out. 3. Making an offer without conditions clearly stated in the legal documents

For example, never buy a home without first having a “subject to finance” and “subject to satisfactory review” written in the documents filed by a lawyer. Also, read the contract so you know exactly what is included in the price … is landscaping included? What about light fixtures? 4. Not being clear on what upgrades are included in the price

Some people think that if they buy the show home, they get every upgrade included in the price. Unless it’s clearly stated and in written form by the builder, you need to ask. People get a surprise when changes they’ve asked for come with a cost. Maybe in the middle of the build, you’ve decided you want to change the paint colours or you want better quality or more a powerful electrical supply. All of a sudden, you have added $1,000 more to the cost of your new home. Unless the builder stipulates in writing that the upgrades will be done without incurring a cost, assume you will be charged.

Patrick Francey, CEO of the Real Estate Investment Network (REIN)

6. Unsure about financing rules 5. Not understanding the builder’s warranties

Every province has new-home warranties but what about your builder’s warranties? This also goes back to references and referrals. You must ask the builder what warranties he offers. Builders sometimes offer an “express” warranty, which has more precise wording on what is covered, and cut-off times for varying parts of a new build. A builder’s warranty spells out the remedies a builder is responsible for if there are any issues during or after the build, as well as the duration of the warranty and a mechanism for disputing issues.

When you have a house built, you need to know in advance what your financing obligations are. What if through the course of the build, a new stress test is applied or interest rates go up? Or what advances are required and when? Ask! 7. Move-in date delays

Delays happen and that’s why you want a lawyer involved to spell out terms in the agreement about what the builder is prepared to pay for and what you are prepared to accept, like a hotel room(s) if you have to be out of your home, and moving charges. nexthome.ca 43

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15. SCOTT & NICHOLSON 6950 Nicholson Rd scottandnicholson.ca

43 move-in ready 3 and 4 bedroom townhomes. Located in Richmond's coveted Steveston neighbourhood. Coming This Fall. Register Today. GeorgiaByAnthem.com

44 New Home + Condo Guide | Oct. 3–17, 2020

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PROPeRty PROFile

GeorGia by Anthem elevated livinG in SteveSton villAge Tranquil yet vibrant, Steveston Village is a unique enclave within Metro Vancouver. Here, neighbours and shopkeepers actually know your name, strolling along the riverside is a favourite pastime for young and old, and some of the best, most authentic English fish’n’chips are to be found just a few steps from your front door. Or hop on your bike and head down the greenway toward the river or to the West Dyke Trail. And now, there’s a rare opportunity to own a brandnew townhome or duplex in this charming neighbourhood. Introducing Georgia by Anthem, a boutique collection of 43 residences with charm and character to spare. StyliSh by DeSign

Georgia’s West Coast architecture is dramatic and eye-catching. It’s a sophisticated look that’s complemented by the tree-lined streets right outside. 46 New Home + Condo Guide | Oct. 3–17, 2020

Inside, you’ll discover a crisp, modern aesthetic that’s the perfect setting for today’s families. At the heart of each Georgia home is an inspired kitchen sure to bring out your inner chef. State-of-the-art appliances, an expansive island with eating bar, quartz countertops — the list of standard features is a long one. There’s the convenience of a powder on the main, the luxury of a lavish master suite, many with soaring 11-foot ceilings, and the forethought of a double side-by-side garage that’s prewired for an EV charging station. There’s even a legal lock-off suite on the ground level — a feature that’s hard to find in Richmond. So whether it’s adult children returning home, parents wanting a multi-generational connection with kids and grandkids, or the practicality of a mortgage helper, Georgia has you covered.

lOcatiOn Richmond builDeR Anthem hOme tyPe Townhomes + Duplexes SaleS centRe Coming soon cOntact georgiabyanthem.com

Georgia by Anthem opens this fall. Don’t miss this limited opportunity to purchase a family-friendly, three- or fourbedroom home in a fantastic area. Be sure to register for VIP access and more information as it’s released. Register today at georgiabyanthem.com or email info@georgiabyanthem.com.

Intelligent design influences townhomes tailored for families.

Life effortlessly flows from one moment to the next at Georgia by Anthem. This boutique collection of family townhomes is intelligently designed to cultivate growth and seamlessly fits in with its natural surroundings. Live in Richmondâ&#x20AC;&#x2122;s quaint Steveston community, where tranquil walks along the shore are a regular activity.

Sales Start This Fall. Register Now.

GeorgiaByAnthem.com

This is not an offering for sale. Such offering can only be made by way of disclosure statement. Georgia is developed by Anthem Steveston Developments LP. Renderings, sketches, plans and finishes are representational only. Prices and availability are subject to change. E&O.E.

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19. 1335 HOWE 1390 Richards Street onni.com

14. RESIDE

20. CAMBIE GARDENS

458 West 63rd Avenue 604-325-8111

788 W. 57th St onni.com

15. JUST WEST

4. YUKON RESIDENCES 7555 Yukon St. yukonresidences.ca

10. BELPARK

16. THE PACIFIC

SW Marine Dr. 604-358-8208

1050 Homer St. 604-559-8258 grosvenorpacific.com

35th Ave & Quebec St. aragon.ca/shift

48 New Home + Condo Guide | Oct. 3–17, 2020

3596 West 28th Avenue Qualex.ca/legacy

Clarendon St. & 33rd Ave. 778-928-2877

479 West 16th Ave 604-734-8883 justwest.ca

11. SHIFT

18. LEGACY ON DUNBAR

13. CLARENDON HEIGHTS

3202 Riverwalk Ave. 604-438-8862

8123 Shaughnessy St. shaughnessyresidences.ca

Victoria Dr

1. IVY ON THE PARK

5. SHAUGHNESSY RESIDENCES

Knight St

Fraser St

Cambie St

Oak St

E 57th Ave

in ar

E 49th Ave

17. VOYCE 4033 Cambie Street 604-308-2344

Imperial St

MacPherson Ave

Sussex Ave

e rin

2 5

W 49th 49 Ave

E 41st Ave

Patterson Ave

12 20 4

Canada Way

E 29th Ave Moscrop St Va nn ess Av Burke St e Bond St Grange St 1A

Boundary Rd

lvd

ive r

Cambie St

Oak St

st B

Fraser R

E 33rd Ave

W 41st Ave

W 49th Ave

Main St

Larch St

Mackenzie St

Granville St

Arbutus St

Dunbar St

W 33rd Ave

Blenheim St

W 41st Ave

Grandview Hwy

E 22nd Ave

E King Edward Ave

Royal Oak Ave

E Broadway

Rupe r t St

W allace St

W 33rd Ave

E 1st Ave

Nelson Ave

rine D

Av rd e wa

Parker St

Smith Ave

W King

E 12th Ave

Main St

W 1512th Ave

W 16th Ave

NEW HOMES

Quebec S t

Fir St

Burrard St

Alma St

W 6th Ave

inal A

Gilmore Ave

W 4th Ave

Term

Victoria Dr Commercial D r

W Broadway

E Hastings St

Venables St

Springer Ave Delta Ave

Willingdon Ave

Trinity St

Dundas St

Powell St

W 16th Ave

Sw M a

vie

so n

ll Ma ok bro

v Da ch A a

st We

Nw Ma ri ne D r Chance llor Blv d W 4th A ve Un i v e siitty Blvd r W 10th ave

ENGLISH BAY

FEATURE

CF RICHMOND CENTRE

EVERYTHING IN ONE PLACE A NEW CROP OF MASTER-PLANNED COMMUNITIES COME TO METRO VANCOUVER by STEPHANIE MACDONALD Some people want to live near the shopping, dining and the cultural opportunities of the city, some people love the parks and amenities of suburbia, and some crave the neighbourliness of a village. Many of us desire to live more in harmony with the planet, in a healthy, sustainable community. But what if you want all of these things? Well good news for you, because the many master-planned communities in Metro Vancouver deliver all of these benefits, and more. Today’s master-planned communities give you the chance to live in the midst of great places to shop, eat, learn, work and play, in a safe, healthy and sustainable environment, whether you are

young or old, single or with a growing family. There are many established master-planned communities we have featured in these pages before, in various stages of completion. A major trend in these large, multi-phase projects is the revitalization of dated malls and shopping centres into huge master-planned communities that are currently underway, usually located along a major rapid transit route. These projects include Westbank’s Oakridge and Concord Pacific’s Concord Metrotown, and Shape Properties’ The Amazing Brentwood and The City of Lougheed. Shape has also recently announced their latest venture in this realm, a partnership with

Cadillac Fairview to revitalize the CF Richmond Centre. “Master-planned, transitoriented communities are the future,” says John Horton, President and CEO, of SHAPE. “At CF Richmond Centre, Cadillac Fairview and SHAPE have the game-changing opportunity to bring a complete master-planned community to one of Canada’s highest performing shopping centres where people already come together for shopping, dining and celebrations. With 300,000-plus square feet of new shops and restaurants coming, including Richmond’s first outdoor retail high street, everything will be an elevator ride away.” …continued on page 50 nexthome.ca 49

SOUTHLANDS

ARAGON’S LIGHT HOUSE

“

“When a project is built on strong fundamentals like SkyTrain on-site, a central urban location, walkable pedestrian boulevards and a best-in-class mix of shops, dining, entertainment and homes, it has the rare opportunity to create exponential value for residents, the community and the region.” John Horton, President and CEO, SHAPE …continued from page 49

Another new master-planned project is changing the focus to a more laid-back and bucolic vision of a community. Southlands in Tsawwassen embraces the farming history of its location between the urban centre of Tsawwassen and the beach, encouraging residents to engage with the culture and process of growing food in a dynamic and sophisticated village ambiance. Says Century Group’s President Sean Hodgins, “We are focussing on a large range of housing types, from apartments, to townhomes, to cottages, within a highly developed and considered public space.” With over 400 acres 50 New Home + Condo Guide | Oct. 3–17, 2020

of farm preserved, and a market and shopping district on the way, this new community promises to be a magnet for both locals and visitors to enjoy. Another ambitious project bringing urban sophistication to a beautiful country setting is Vesta’s Latimer Village. The elegant European-style village features mixed-use lowrise buildings, including many boutique shops, places to dine or grab a quick bite, and all your everyday services. The Latimer Heights community integrates natural water features such as the large central pond filled with birds and other wildlife, as well as kilometres of walking

”

trails, greenspaces, playgrounds and more, for people of all ages. Located at the nexus of transportation corridors to anywhere in Metro Vancouver, Anthem’s SOCO master-planned community is at the heart of South Coquitlam, five minutes from the Skytrain, and close to all the shopping, dining and services at Lougheed Town Centre and North Road. SOCO will consist of two residential towers, plus 70,000 square feet of office and retail space, and Phase One includes a spectacular sixth-level podium full of amenities. You can drop off your kids in the daycare downstairs, meet a friend for a latté in the café,

SOCO

LATIMER VILLAGE

then hop on the SkyTrain to head into the city for a meeting. The parks, nature, golf courses and green spaces that abound in this neighbourhood make enjoying the great outdoors a natural part of everyday life. Perched where the ocean meets the mountains, Seylynn Village is one of North Vancouver’s most sought after master-planned neighbourhoods. “We are very proud of the recognition that Seylynn Village has received from the Urban Development

Institute for Best Master-Planned Community in 2019,” says Dr. Abo Taheri, Managing Partner at Denna Homes. Seylynn Village will have onsite child care for your little ones, and the village is walking distance from Lynn Creek, Superstore, Mountain Equipment Co-Op, cafes, trails and more. Aragon’s riverfront Port Royal Village is a multi-phased community with a great variety of housing types that will eventually be home to over 900 families. Port Royal living is enhanced by a large

central park, a greenway, and a riverfront walkway that connects to the extensive Fraser River walk system. Aragon’s newest release at Port Royal is Light House – elegant loft-style homes Light House will offer a range of move-in ready one- to three-bedroom loft-style homes, as well as an exclusive collection of two-level Penthouse homes, complete with rooftop patios and unobstructed views of the Fraser River and Downtown New Westminster. These are but a few of the enticing local possibilities when it comes to master-planned living in Metro Vancouver. SHAPE’s John Horton sums up the perennial appeal of these communities: “As the world changes rapidly, we’re studying consumer trends, architecture, lifestyles and customer experience worldwide to stay at the forefront of progress and innovation. This allows us to create ideal living experiences today and for generations to come”. nexthome.ca 51

ADVICE | LEGALLY SPEAKING

INVESTMENT PROPERTIES: WHAT TO WATCH OUT FOR JAYSON SCHWARZ LLM WITH ASSISTANCE FROM JACQUELINE MONETA JD

JAYSON SCHWARZ LLM

There are many advantages to buying an investment property in today’s market. This column will explore some of the things you need to be aware of when purchasing that rental condominium or house. EXTRA CASH ON CLOSING

When renting a residential property from the get-go you are not entitled to the ‘New Home Buyers Rebate’ from the government at the time of closing. You will need to front the money and collect the rebate back as part of your income tax filings. YOU BECOME A LANDLORD

As soon as your property is rented you are a landlord and must comply with the Residential Tenancies Act, 2006. There are several rules and regulations you’ll have to follow and familiarize yourself with, including but not limited to, the form of the lease, eviction processes, and a landlord’s obligations for maintenance. You will also have to deal with tenant issues and concerns on an ongoing basis. While hiring a property manager may alleviate some of these issues, their salary becomes an additional cost.

often require more maintenance and repairs than an average home and repairs may be needed on an emergency basis. It’s important to set aside money for home improvements and repairs, future vacancies, and taxes. AS AN EXAMPLE HERE ARE SOME THINGS YOU NEED TO BE PREPARED TO PAY FOR:

a) Carrying the mortgage and all expenses if you have no tenant or if the tenant you have stops paying rent; b) The condition of the property (i.e. hot water tank or broken stove replacement), projected vacancies and rates of tenant turnover; c) Commercial insurance. You may also incur extra fees when purchasing the property. If you are a first-time homebuyer and counting on the Land Transfer Tax rebate for example, then you must occupy the home as your principal residence within nine months of the date of transfer in order to qualify. With a new construction rental property you will also be responsible to pay HST on the property upfront and apply for a rebate from the Canada Revenue Agency yourself, rather than have the builder take care of it. This adds significant upfront costs to the purchase of a rental property.

EXTRA COSTS

CRACKDOWN ON SHORTTERM RENTALS

The investment is not limited to your down payment. Rental units

The recent influx in investment properties offered as short-term

52 New Home + Condo Guide | Oct. 3–17, 2020

rentals such as Airbnb, VRBO, etc. has sparked much debate as to what will be allowed and it depends on the municipality where the property is located. As a result, there is a lot of inconsistency. Some cities require that a short-term rental be a principal residence. This is significant because it prohibits a person from purchasing a property with the intent that it be used for shortterm rentals year-round. There are also a number of other cost prohibitive regulations including licensing and registration requirements and a 4 per cent Municipal Accommodation Tax on all rentals for a period of less than 28 consecutive days. While these pitfalls are important to be aware of, with proper planning and the help of your real estate lawyer and other professionals, a rental property can be a fantastic investment. At the end of the day you are left with an appreciating capital asset where someone else is paying off your mortgage. What a great retirement plan! Suggestions, questions, concerns or critiques? Please visit www.schwarzlaw.ca or email info@schwarzlaw.ca to get in touch. We will try to deal with them in print or electronic form.

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES CAPILANO LAKE

3rd

St An dr

W 1st St

Keith Rd E

d evel R

Mai n St

e tS

y ribaldi Doll arton H wGa W Go ve rn me nt Rd

1 4

our Pky ym

Low

Mountain Hwy

Marine Dr

Grand Blvd E

Rd JJo ones Ave

Lonsdale Ave

o Rd Ca p

o a rs

Judd Rd

Trans C an

il a n

29th St E

e ws Ave

15 St

l vd

W Queens Rd

nment R d ver Go

21st St

Depot Rd

tB on

99 9

ri n e D r

549 East 3rd Street, 778-724-0495

604-559-7918 hellosquamish.com

Log gers L n

Boundary Rd

Queens Way

Loggers Ln

River r

99 9

erton Ave Pemb Vic tor ia S t Ma in Va St nc ou ver St

11. SEA AND SKY

lan dA

5. TOPPEN RIDGE

Squamish jumarsquamish.ca

Robin Dr

ilfor d Dr Gu

6. WEST THIRD

10. JUMAR

680 Seylynn Crescent apexatseylynn.ca

Bal l

St lley Ba

4. APEX

Grandview Hwy

Raven Dr

SQUAMISH

Magee St

Clark Dr

Fir St

Quebec S t

Burrard St

519 East 3rd St 604-389-3040

E Broadway

y ckle Bu S ey

3. FOUNDER’S BLOCK NORTH

710 Keith Rd. onni.com

Finch Dr

Cle

W 16th Ave

E 12th Ave 9. EVELYN

Industrial Way

Springer Ave Delta Ave

W 12th Ave

Raven Woods Dr 604-924-0818

Parker St

e i Av ibald Gar

725 Marine Drive marineandfell.com

W 6th Ave

E 1st Ave

2. W MARINE + FELL Broadway

ina

Dundas St

Pioneer St

Gilmore Ave

ve 8. SEYMOURl A VILLAGE

Term

t en m rn ve Go

481 Mountian Hwy W 4th Ave hunterlynncreek.com

Victoria Dr Commercial D r

1. HUNTER AT LYNN CREEK

1633 Capilano Road Venables St parkwestliving.ca

SQUAMISH Rupert St

E Hastings St

6 5 A Ave ve

Powell St

7. PARK WEST

Mamquam Rd

Trinity St 1

Disco very way

vie son St St

Nanaimo St

Dundas St

Willingdon Ave

ENGLISH BAY NORTH SHORE

Alma St

McGill St

NEW CONDOS

NEW HOMES

ve Da ch A a

th ave

A ve

St e

Edg e

ve ns

Hig hl an d Blvd

NORTH SHORE

Lower Lonsdale westthirdbyanthem.com

nexthome.ca 53

The B

Readers remember more More focused attention, less distraction Preferred by majority (even millennials)

Higher comprehension and recall

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

Rupert

Fort St. James

Houston Burns Lake

Kitimat

Prince George Vanderhoof

HOT PROPERTIES

OUT OF TOWN

Quesnel

Bella Coola

Williams Lake

Salmon Arm

Port Hardy

Kamloops

Port McNeill

Pemberton Merrit

Powell River

Campbell River

Port Alberni

Sechelt 5 1

Nanaimo

Coldstream

Penticton

Nelson Castlegar Trail

Vancouver Burnaby Surrey

Duncan

Kim

4Kelowna

Courtenay

Vancouver Island

Armstrong Vernon

Washington

Victoria

NEW HOMES

NEW CONDOS

NANAIMO

KELOWNA

SECHELT

1. RIVERSTONE PLACE

3. U-EIGHT

20 Barsby Ave 604-880-3530

625 Academy Way liveatueight.com

5. EDGEWATER AT POIRPOISE BAY

2. GIBSONS EAGLE VIEW

4. WATERSCAPES

875 Gibsons Way eagleviewheights.com

250-763-8313 ledmac.com/waterscapes

5915 Beachgate Lane onnie.com

nexthome.caâ&#x20AC;&#x192; 55

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. 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

ABBOTSFORD Allwood Place ....................................TH ............604-260-6797 .......................................Now Selling Breeze Townhomes ..........................TH ............breezeliving.ca .................................................... Call Bristol Heights ....................................TH ............604-607-7801........................................Now Selling Court.................................................... MR............604-621-5888 .......................................Now Selling Eagles Gate ......................................... SF.............604-309-7729 .................................From $373,500 Elmstone at Westerleigh..................LR ............604-852-5188 .......................................Now Selling Falcon Ridge ....................................... SF.............604-309-0540 ............................... From $789,000 Foxwood .............................................. SF.............604-850-5040 ............................... From $524,900 Gardner ................................................TH ............mosaichomes.com.............................................. Call Maclure Point ....................................TH ............maclurepoint.com .............................................. Call Marq .....................................................RH ............marqrowhomes.com ......................................... Call Mitchell ................................................TH ............mosaichomes.com........................... Coming Soon Natura at Forest’s Edge ...................LR ...........604-776-4588 ..................................................... Call The News ............................................LR ............604-746-2880 ..................................................... Call Onyx at Mahogany............................LR ............778-255-7099 ........................................Now Selling Terrazzo ..............................................LR ...........604-218-8800 ..................................................... Call Timberline .......................................... SF ............604-768-6169 ..................................................... Call Unity......................................................TH ............778-819-1970 ................................. From $339,800 Upper Montrose ...............................LR ..........uppermontrose.com .......................................... Call Ventura ................................................LR ...........604-859-6196 ..................................................... Call BURNABY Akimbo .................................................HR ............604-359-7728....................................................... Call Bordeaux .............................................HR ............bordeauxliving.ca ................................................ Call Cedar Creek ....................................... MR............604-529-8868...................................................... Call Churchill ..............................................TH ............604-363-2627 ................................... Coming Soon Concord Brentwood ........................HR ............604-435-1383....................................................... Call The City of Lougheed 2 ...................HR ............604-328-7128....................................................... Call Crescent Court .............................. TH/LR.........Libertyhomes.ca ................................................. Call Lumina .............................................HR/TH ........luminabrentwood.com ................... Coming Soon Eternity .................................................LR ............604-330-8838................................... Coming Soon Forte......................................................LR ............liveatforte.ca ......................................................... Call Gilmore Place.....................................LR ............604-488-8986 ......................................Now Selling Hamilton .............................................LR ...........mosaichomes.ca .............................. Coming Soon Highline Metrotown ........................HR ...........thind.ca/highline ................................................ Call Juneau .................................................HR ............604-299-9191 ......................................Final Homes Kings Crossing by Cressey ..............PH ............604-720-5357........................................Now Selling KIN .........................................................TH ............Kinbybeedie.com ..................................Now Selling Maywood on the Park......................HR ............604-435-8866.......................................Now Selling Oslo ......................................................HR ...........osloliving.ca ......................................................... Call Polaris at Metrotown ........................HR ............604-565-7733 ....................................................... Call Terraces at The Peak ........................HR ............Terracesatsfu.com ............................................... Call Solo District ........................................HR ............solodistrict.com ................................................... Call Storia ....................................................LR ...........storiabybeedie.com ......................... Coming Soon Sun Towers 2 .....................................HR ...........suntowersmetrotown.com .............................. Call Sussex ...................................................LR ............sussexmetrotown.com.........................From $1.5M CHILLIWACK Base 10 ................................................TH ...........604-991-9951 ..................................................... Call Boardwalk at Rivers Edge ...............LR ...........604-795-6938 ..................................................... Call Camden at the Falls .........................TH ...........604-794-5744 ..................................................... Call Elliot by Redekop/Faye ...................LR ...........liveelliot.ca ........................................ Coming Soon Garrison Central ..............................LR ...........604-991-5151 ..................................................... Call Malloway ............................................ SF ............604-961-5160 ............................... From $499,900 Skynest ................................................LR ...........604-362-1505 ...................................................... Call Thomas Crossing ............................TH ...........1-800-795-2955 ............................ From $599,900 Vista Green at the Falls ...................TH ...........vistagreenliving.com ...................... Coming Soon Water’s Edge at Cedar Sky .............TH ...........604-991-8250 .....................................Fr. $524,900 Wealick Place ...................................TH ...........604-991-2158 ............................... From $469,900 COQUITLAM 3535 Princeton .................................TH ...........604-468-8298 .................................................... Call Aalto Townhomes .............................TH ............aaltotownhomes.com .........................Now Selling Amberleigh ......................................... SF.............604-514-4359 ................................... Coming Soon Argyle on Burke ................................ SF ............604-998-2262 ..................................................... Call Baycrest on the Rise ........................TH ...........wbhomes.ca ...................................... Coming Soon Brookmere ..........................................HR ............604-259-5991 ...................................................... Call

56 New Home + Condo Guide | Oct. 3–17, 2020

PROJECT

TYPE CONTACT

PRICE

Evergreen ............................................ SF.............foxridgehomesbc.com .................... Coming Soon Forester at Burke Mountain ..........TH ...........forester.townline.ca ........................ Coming Soon Hadleigh on the Park .......................TH ............604-439-8852......................................Final Homes The Heights on Austin......................HR ............theheightsonaustin.com................. Coming Soon Hensley by Cressey .......................PH/TH ........hensleybycressey.com .......................Final Homes Horizon 21 ..........................................HR ...........604-423-4222 .................................. Coming Soon Kentwell ...............................................TH ............604-260-8446 ......................................Now Selling Kingston............................................... SF.............604-514-4359 ................................... Coming Soon Kira ........................................................LR ...........604-808-0886 .....................................Now Selling Loma .....................................................LR ............604-757-4033....................................................... Call The Oaks .............................................LR ...........theoakscoquitlam.com ...................................... Call Port & Mill ............................................LR ............portandmill.ca .......................................Now Selling The Ridge at Burke Mountain ........ SF.............778-285-6299 ...................................................... Call The Robinsons ...................................TH ............liveattherobinsons.ca ...................... Coming Soon Rocklin on the Creek .......................TH ...........604-474-2106 ................................... Register Now Skagen..................................................TH ............604-931-2283 .................................... Register Now Sophora at the Park ..........................HR ............604-942-8416 .......................................Now Selling Smith & Farrow ..................................LR ...........boffo.ca .............................................. Coming Soon Vista .....................................................LR ...........604-780-5059 ..................................................... Call DELTA & TSAWWASSEN Beaufort Landing...............................TH ............604-946-0477 .......................................Now Selling Boardwalk ...................................TH/DU/SF ....604-306-2226 ...................................................... Call Brio ........................................................LR ............604-943-8811 ...................................................... Call Chelsea Gate ......................................TH ............chelseagate.com.................................................. Call Cyrus Hill ............................................TH ...........cyrushill.ca ........................................................... Call Delta Gardens ....................................TH ............deltagardens.ca .................................................... Call Eaton Square .....................................TH ...........604-355-6789 ..................................................... Call Harbour Walk......................................LR ............604-274-7326....................................................... Call Pelican Cove ...................................TH/DU ........604-943-6677 ................................ From $589,900 Peregrine .............................................LR ............604-943-6677 ...................................................... Call Pilothouse ...........................................LR ............604-228-8530 ...................................................... Call Scott & Nicholson ............................LR ............scottandnicholson.ca ........................................ Call Seaside ............................................RH/TH .......mosaichomes.com ............................................. Call Southlands .................................. SF/TH/LR .....discoversouthlands.ca ................... Coming Soon Tsawwassen Heights ........................ SF.............604-271-7288 ....................................................... Call Tsawwassen Landing.....................SF/LR .........604-638-3500.......................................Now Selling Tsawwassen Springs ......................SF/LR .........604-948-HOME ................................................... Call West Coast Estates ........................... SF ............604-800-9099 ..................................................... Call LANGLEY Aldergrove Town Centre ................LR ...........atcliving.com .................................... Coming Soon Alexander Square .............................LR ............AlexanderSquare.ca ............................................ Call Aristotle................................................LR ............aristotleliving.com............................................... Call Atrium ..................................................LR ...........atriumlangley.ca ................................................. Call The Audley .........................................LR ............audleyliving.com ................................................. Call Brydon Living ....................................TH ...........604-750-4018 .................................. Coming Soon Central .................................................LR ...........zenterra.ca/central ..............................Now Selling Denby Country Living .....................TH ............denbyliving.com ................................................. Call Field + Fort .........................................LR ..........fieldandfort.ca ..................................................... Call Fraser ....................................................TH ............604-560-0272 ...................................................... Call Frame ...................................................TH ...........hayerbuildersgroup.com/frame/ .....Now Selling Gabriola Park ......................................TH ............604-371- 1892 ...................................................... Call Genesis.................................................LR ............778-952-7366 ................................... Coming Soon Grayson ...............................................LR ...........liveatgrayson.com .............................................. Call Homestead ........................................TH ...........liveathomestead.ca ......................... Coming Soon Keystone .............................................TH ...........778-705-0788 ...................................................... Call Latimer Heights...........................SF/DU/RH/TH .....604-371-0698 ...................................................... Call Latimer Village ..................................LR ...........604-371-1669 ...................................................... Call Legacy on Park Avenue ...................LR ...........888-880-8283................................... Coming Soon Lennox .................................................RH ...........604-455- 0878..................................................... Call Lift..........................................................TH ............604-834-4188 ...................................................... Call Lily Terrace ..........................................LR ............lilyterrace.ca .......................................................... Call Luxia at Yorkson .................................TH ...........604-318-0328 ......................................Now Selling Murrayville House .............................LR ............604-427-4320 ...................................................... Call Parc Central .................................... TH/LR.........parccentralliving.ca ............................................. Call Presley ............................................................... TH ..............604-398-3757 ..................................................................Call Reunion ..............................................TH ............reunionliving.ca .................................................. 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

TYPE CONTACT

PRICE

Station 48 ...........................................TH ...........604-484-5976 .................................. Coming Soon The Terraces Three ..........................TH ...........604-617-5827 ...................................................... Call Tribute .................................................TH ...........604-723-4497 ......................................Now Selling Union Park ..........................................LR ............604-882-0098 ......................................Now Selling Verge ...................................................TH ............778-239-5797 ................................... Register Now Westbrooke at Willoughby.............. SF.............604-371-0733 ....................................................... Call Willoughby West................................ SF.............604-371-0733 ....................................................... Call Willow Living .....................................TH ...........willowliving.ca .................................. Coming Soon Winston Terraces ..............................TH ...........winstonterraces.com .......................................... Call Yorkson Park West ............................LR ...........778-298-2280 .................................. Coming Soon MAPLE RIDGE 222 .......................................................LR ...........604-753-8797....................................................... Call Brickwater ...........................................TH ............604-477-1500....................................................... Call Bridle Ridge......................................... SF.............mstarhomes.com.............................. Coming Soon Creekside Maple Heights ................TH ............Livecreekside.ca ................................................... Call Edge on Edge 3 .................................LR ...........604-466-8793 .................................. Coming Soon ERA .......................................................LR ...........604-239-1898 ..................................................... Call Highpointe .........................................LR ...........604-362-3730 ..................................................... Call Pinecreek Estates ............................TH ..........pinecreekestates.ca.......................... Coming Soon Provenance .........................................TH ............604-467-2285 .......................................Now Selling Ridgemont ..........................................TH ............604-476-1777 ....................................................... Call Rose Garden Homes .......................TH ...........604-351-3261 ...................................................... Call Sierra Ridge ........................................LR ...........sierraridge.ca ....................................................... Call The Terraces ......................................TH ...........604-351-3261 ...................................................... Call The Ridge ...........................................LR ...........theridgebymortise.com ................. Coming Soon Wynnbrook ......................................... SF.............604-380-4708...................................................... Call MISSION / HARRISON Cedar Valley Rowhomes ...............RH ...........cedarvalleyrowhomes.ca .............. Coming Soon Harrison Highlands ........................... SF.............1-888-758-0850 .................................................. Call Horizons ..............................................TH ............1-888-826-1177 ..............................From $319,800 Wren + Raven ....................................LR ...........wrmission.com .................................................... Call NEW WESTMINSTER Amira ...................................................LR ............604-833-9193 .......................................Now Selling Elina on Eighth ..................................TH ...........778-558-5928 ...................................................... Call Elliot ......................................................HR ............604-662-8009 ..................................................... Call Ewen .....................................................TH ............604-549-8181 ...................................................... Call Oxford ..................................................TH ............604-553-8228 ...................................................... Call Parkside at Victoria Hill ....................HR ............604-523-0733 ...................................................... Call Pier West ..............................................HR ............604-553-4211 ....................................................... Call River Mews .........................................TH ...........604-438-5050 ..................................................... Call River Queensborough .....................TH ............604-438-5050...................................................... Call Stanley Green ....................................TH ...........778-859-9000 ..................................................... Call The Royal at Victoria Hill .................LR ............604-523-0733 ...................................................... Call NORTH VANCOUVER 27 North ..............................................TH ...........604-987-5441 ..................................................... Call 1515 Rupert ........................................LR ...........1515rupert.com ................................ Coming Soon Cascade at the Pier .......................... MR............604-984-0906 ..................................................... Call CentreView..........................................HR ............604-998-8540 ..................................................... Call Compass ..............................................HR ............604-980-5000 ..................................................... Call Connaught ..........................................LR ............604-699-0036 .....................................Final Homes Creston.................................................LR ............604-537-1985 ....................................................... Call Crown & Mountain............................LR ............604-985-8258................................... Coming Soon Ebb & Flow .................................GH/CH/TH ...604.818.1177 .........................................Now Selling Evolv 35................................................TH ............604-770-4399 ...................................................... Call 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 Grosvenor Ambleside ......................HR ............604-922-1380 ...................................................... Call Holland Row .......................................RH ............604-760-3777 ..................................... Register Now Hunter at Lynn Creek .................. LR/TH ........604-936-1888 ..................................................... Call Latitudes ..............................................TH ............604-435-9477 ................................ From $469,900 Marine + Fell .....................................LR ............604-770-1966 .......................................Now Selling Northlands ...................................... LR/TH.........604-800-2120 ...................................................... Call Park West .............................................HR ............604-770-1336 ........................................Now Selling Seymour Village ................................TH ...........604-924-0818 ..................................................... Call Taluswood at Timber Court..............................604-988-3617 ...................................................... Call Toppen Ridge .....................................TH ............toppenridge.com ................................................. Call The Trails ............................................TH ............liveat.thetrailslowerlonsdale.com ... Coming Soon West Third .............................................................westthirdbyanthem.com ................ Coming Soon PITT MEADOWS Nature’s Walk ......................................TH ............604-262-1850 .......................................Now Selling

PROJECT

TYPE CONTACT

PRICE

PORT COQUITLAM Alba .......................................................LR ............604-800-0882 ..................................................... Call Estella ...................................................LR ............604-375-7626.................................... Coming Soon The Bloc.............................................. MR............604-475-1172 ....................................................... Call One Shaughnessy .............................TH ............kutakdevelopment.com/one............................ Call Montrose Square ...............................LR ............778-255-2599 ....................................................... Call Trellius ..................................................TH ............778-255-7099 .................................... Coming Soon PORT MOODY 50 Electronic Avenue ..................... MR ...........604-492-2202 ..................................................... Call Cedar Ridge .......................................TH ...........604-720-5357 ...................................................... Call Clyde.....................................................LR ............clyde.porte.ca ....................................................... Call George .................................................TH ............604-469-4036 ..................................................... Call The Grande ........................................HR ............604-552-0552 .......................................Now Selling Sophia Living ......................................TH ............604-468-0601...................................................... Call Station, The .........................................TH ............604-492-3338 ...................................................... Call RICHMOND Alfa ........................................................HR ............604-276-2532 ...................................................... Call Atmosphere ........................................HR ............Atmosphereliving.ca ........................................... Call Berkeley House ..................................LR ............604-233-7727 ....................................................... Call Burgundy .............................................TH ............604-242-1193 .................................... Coming Soon CF Richmond Centre ........................HR ............604-778-6608 ...................................................... Call Concord Gardens ..............................HR ............604-233-7748....................................................... Call Concord Galleria ...............................HR ............604-233-7748....................................................... Call Diamond Steveston ..........................TH ............604-242-1193 .................................... Coming Soon Empire Living......................................TH ............604-244-9622 ...................................................... Call Fiorella..............................................HR/CH ........604-871-4470 .......................................Now Selling Five Road .............................................TH ............liveatfiveroad.ca ................................................... Call Georgia ...............................................TH ...........georgiabyanthem.com.................... Coming Soon Grand, The ..........................................HR ............604-278-3880 ...................................................... Call Hollybridge At River Green ............HR ............hollybridgeliving.com ........................................ Call Jasmine at The Gardens..................TH ............604-271-3331 ................................. From $924,000 Kenstone Gate....................................TH ............604-218-3338................................. From $529,900 Kingston Gate.....................................TH ............604-760-6024 ...................................................... Call Livia .......................................................TH ............604-364-2159 ...................................................... Call Mandarin Walk................................ LR/TH.........604-278-0808...................................................... Call Manoir ..................................................TH ............liveatmanoir.com .............................. Coming Soon Northview Estate ..............................TH ...........604-341-6168 ...................................................... Call One Park .............................................HR ...........oneparkliving.com ............................................. Call Opal at Richmond Centre ...............HR ............604-303-7575.................................From $464,900 Paramount ..........................................HR ............Paramountliving.ca ............................................. Call Parc Thompson ................................TH ...........604-231-5900 .................................. Coming Soon Park Residences at Minoru .............HR ............604-303-8878 ...................................................... Call Pier, The ...............................................LR ............604-274-7326....................................................... Call Pinnacle Living Sorrento .................HR ............604-303-0148 ...................................................... Call Primestone Gardens...........................................primstonegardens.com................... Coming Soon Quintet .................................................HR ............604-303-8878 ...................................................... Call Riga .......................................................TH ............604-715-1250 ....................................................... Call Riva....................................................... MR............604-278-8825 ...................................................... Call River Green ........................................ MR............604-233-2633 ...................................................... Call River Inlet ........................................MR/TH ........604-233-2633 ...................................................... Call Spires Gate .........................................TH ...........604-558-5851 ..................................................... Call The Paramount .................................HR ...........604-238-9990 ..................................................... Call Torino ...................................................HR ............604-303-0148 ...................................................... Call Trillion.................................................. DP............604-242-1193 ....................................................... Call Viewstar ...............................................TH ............604-285-9983 ...................................................... Call Vogue ...................................................TH ............604-715-1250 ....................................................... Call Westminster Terrace .........................TH ............604-204-1077 ...................................................... Call SQUAMISH / WHISTLER Aqua .................................................. TH/LR.........1-877-344-5566 ............................. From $239,000 Elaho .....................................................TH ............604-898-2232 ................................... Coming Soon Jumar ..................................................TH ...........604-561-0889 ......................................Now Selling Ocean Crest ........................................ SF.............604-896-2235 .............................From $1,298,000 ParkHouse ...........................................LR ............604-567-5433 ................................. From $167,900 Ravenswood ....................................... SF.............604-670-7862 ...................................................... Call Redbridge .....................................LR/PH/TH .....livingatredbridge.com ..................... Coming Soon Sea and Sky .........................................TH ............604-559-7918....................................................... Call University Heights .............................LR ............1-888-852-7575 ................................................... Call Vantage ............................................ TH/LR.........vantagesquamish.com .......................Final Homes SUNSHINE COAST SECHELT Edgewater at Porpoise Bay.............TH ............604- 885-8556......................................Now Selling SilverStone Heights........................... SF.............604-741-1877.................................. From $479,900 SURREY Aloha Estates ......................................TH ............604-775-7160 ...................................................... Call Amson Square ...................................LR ...........amsonsquare.com .............................................. Call Aspire ....................................................LR ............604-600-8547 .................................................... Call Avantra ................................................TH ...........liveatavantra.com ............................ Coming Soon Briza .....................................................LR ...........604-721-5460 ................................... Coming Soon

BRINGING PEOPLE HOME CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER

FIFTHAVE.CA

N E W H O M E S A L E S AND MARKETING EXPERTISE

nexthome.ca 57

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

Canopy.................................................TH ............604-588-8869 ..................................................... Call Centra ..................................................HR ...........604-498-3887 ..................................................... Call Clayton Street ..................................TH ..........604-404-1494 ................................ Coming Soon Coast at Fraser Heights ....................LR ...........604-240-7282 ..................................................... Call The Corners ........................................TH ............604-576-8833 ...................................................... Call Eaton Square .....................................TH ...........604-355-6789 ..................................................... Call Elston ..................................................TH ...........Elstonliving.ca ...................................................... Call Fleetwood Point ...............................TH ...........778-889-7496....................................................... Call Fleetwood Village ........................ TH/LR ........dawsonsawyer.ca ............................ Coming Soon Fraser Hill ............................................TH ............liveatfraserhill.com ............................................. Call Holland ...............................................HR ...........theholland.townline.ca ..................................... Call Luxe.......................................................LR ............maskeen.ca......................................... Coming Soon Kings Landing 2 ................................TH ...........dawsonsawyer.ca ............................ Coming Soon Liberty at Fleetwood .......................TH ...........libertyatfleetwood.ca ........................................ Call Nova .....................................................TH ...........mortisegroup.com ............................................. Call One Central .......................................HR ...........onecentral.ca ....................................................... Call Onyx ....................................................TH ...........liveonyx.ca ............................................................ Call Panorama ...........................................TH ...........778-885-6700 ..................................................... Call Park Boulevard ...................................HR ............604-583-9866...................................................... Call Park George ........................................HR ............604-583-9866...................................................... Call Parker ..................................................LR ...........mosaichomes.com ............................................. Call Parkview Estates ................................LR ............604-427-1803....................................................... Call Phoenix Craft .....................................TH ...........604-500-0936 .................................................... Call Phoenix Hill ......................................TH ...........604-500-0936 ..................................................... Call Scott & Nicholson .............................TH ............scottandnicholson.com ..................................... Call Sterling .................................................TH ............sterlinglife.ca......................................................... Call Townsend ...........................................TH ...........604-871-4221 .......................................Now Selling 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 Burrard Place ......................................HR ............burrardplace.ca ................................. Coming Soon The Charleson....................................HR ............604-689-8535 ...................................................... Call Chelsea by Cressey .......................... MR............604-720-5357 .......................................Now Selling Eventide ...............................................LR ............eventidethree.com ........................... Coming Soon Mirabel .................................................HR ............604-681-8110 ....................................................... Call The Pacific...........................................HR ............grosvenorpacific.com ........................................ Call Perron ..............................................GH/TH .......604-603-8889 .................................. Register Now The Thurlow ......................................HR ...........downtownabovebeach.com ......... Coming Soon Vancouver House ..............................HR ............604-893-8958...................................................... Call EAST SIDE Brillia ....................................................LR ...........brilliahomes.ca .................................................... Call Clarendon Heights ............................LR ............778-928-2877 .................................... Coming Soon Focal .....................................................LR ............604-563-6777.................................... Coming Soon Francis ..................................................TH ............604-330-8848...................................................... Call Gem, The .............................................LR ............liveatthegem.com ............................ Coming Soon Grandview Cascades ........................TH ............grandviewcascades.com ................ Coming Soon Habitat .................................................LR ...........lifeathabitat.com .............................. Coming Soon Paragon................................................LR ............604-688-5566................................... Coming Soon Popolo .................................................LR ...........604-330-9505 .................................. Coming Soon River District - Mode.................HR/MR/TH ....604-879-8830...................................................... Call River District- Paradigm .................HR ...........paradigmbywesgroup.ca ....................Now Selling Shift .......................................................LR ............aragon.ca/shift ..............................By Appointment Triumph................................................TH ............604-563-6200...................................................... Call The Windsor........................................HR ............thewindsorliving.com .........................Now Selling WEST SIDE 1555 West Eighth ...........................LR/MR ........604-828-3998...................................................... Call 41West ................................................. MR............604-563-8336 ...................................................... Call 99 West ............................................... MR............604-620-8600 ............................... From $528,800 Amber ............................................... LR/TH.........604-871-8600 ...............................By Appointment Dunbar at 39th ..................................LR ...........wesgroup.ca/dunbar ...................... Coming Soon Aperture ........................................... LR/TH.........604-345-9000 ..................................................... Call Aster .....................................................LR ...........604-915-6898 ..................................................... Call Belpark ................................................LR ............604-358-8208...................................................... Call Cedar Walk ......................................CH/HR ........604-434-2205 .......................................Now Selling Citti ....................................................... MR............604-880-6880 ..................................................... Call Coco .................................................... MR............Cocooakridge.com ............................................. Call Cypress & 2nd ...................................TH ...........778-729-0898 .................................................... Call Granville at 70th ................................HR ............604-687-2298 ...................................................... Call Heather and Seventeenth ...............LR ............Liveheather17.com .............................................. Call Just West .............................................TH ............604-734-8883 ...................................................... Call Kerrisdale Gardens........................... MR............604-559-9848................................ From $540,900 Maisonette .........................................TH ...........604-318-7172 ...................................................... Call

PROJECT

TYPE CONTACT

Marquise ..............................................LR ............604-359-4689 ..................................................... Call McCleery and Magee ....................... SF.............604-255-3838 ...................................................... Call McKinnon by Cressey.......................TH ............778-552-5456 .........................................Final Home Modus ..................................................RH ............604-264-6613 .................................. Coming Soon Monument .........................................LR ...........monumentbyepta.com ..................................... Call Park Grand .........................................TH ...........778-999-2552 ................................... Coming Soon Perron .............................................. LR/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 Profile ..................................................LR ...........bold.ca/profile .................................. Coming Soon Prodigy ................................................ MR............604-221-8878 ..............................From high $300s Q16........................................................TH ............604-263-8090 ..................................................... Call Reside ..................................................TH ...........residebymarcon.ca ............................................. Call Residences at Nobel Park ...............HR ...........604-221-4450 ...................................................... Call Shaughnessy Residences ...............TH ...........604-558-5852 ...................................................... Call Sixteen & Burrard .........................TH/DU ........778-729-0898 .................................................... Call Sota .......................................................HR ............604-671-1025 ................................From 2.5 million The Conservatory ........................CH/HR ........polyhomes.com ................................ Coming Soon The Ivy..................................................LR ............604-566-5888...................................................... Call The Regent..........................................TH ............604-273-1313 ....................................................... Call Tisdale ..................................................TH ............778-846-5990 ...................................................... Call Voyce ...................................................LR ...........voyce.ca ................................................................ Call W63 Mansion .....................................LR ...........63mansion.com ............................... Coming Soon West Boulevard ................................ DU............778-729-0898 .................................................... Call Westbury in Arbutus Ridge .............TH ...........westburyliving.com ............................ From $2.5M 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 Galleries on the Bay..........................LR ............604-836-7355 ................................From $490,000 Shannon Wall Centre........................LR ............604-267-8882 ...................................................... Call WHITE ROCK / SOUTH SURREY Altus ......................................................HR ............778-294-7794 ....................................................... Call Berkeley Village .................................TH ............berkeleyvillage.ca ................................................ Call The Boroughs ....................................TH ...........streetsidebc.ca .................................. Coming Soon Eastridge Panorama .........................TH ............eastridgepanorama.ca........................................ Call Edgestone ........................................... SF.............edgestone@qualico.com ................................... Call Edgewood Estates............................. SF.............604-385-2881 ...................................................... Call Edgewood Gate ................................. SF.............778.294.9077 ........................................................ Call Fantom ................................................LR ...........604-538-8028 ..................................................... Call Foster Martin ......................................HR ...........604-531-7111 ....................................................... Call Hazelwood .........................................TH ...........604-416-1812 ...................................................... Call Horizon ...............................................TH ...........604-441-8789 .................................. Coming Soon Holden ................................................TH ...........holdenrow.com ................................ Coming Soon Hyde Park Corner..............................TH ............zenterra.ca/hydeparkcorner/ ........ Coming Soon Imperial ................................................TH ............liveatimperial.com............................................... Call Isola.......................................................TH ............604-720-7478....................................................... Call Miramar Village ..................................HR ............604-542-8882 ...................................................... Call Odyssey ...............................................LR ............forge.ca/odyssey .............................. Coming Soon Orchard Grove ................................... SF.............604-454-8654 ..................................................... Call Orchard Park ......................................TH ............liveatorchardpark.com ........................Now Selling Pacific at McNally Creek..................TH ............pacificatmcnally.com ...................... Coming Soon Regatta .................................................DP ............604-385-2160 ...................................................... Call River + Pine ........................................TH ...........lifeatriverandpine.com/ ................. Coming Soon Semiah .................................................HR ............semiahbymarcon.ca............................................ Call Soleil .....................................................HR ............soleilwhiterock.com ........................................... Call South Village .....................................TH ...........604-910-9919 ...................................................... Call Veza.......................................................TH ............Vezaliving.ca ...................................... Coming Soon Viridian .................................................TH ............604-541-0707 ...................................................... Call OUT OF TOWN PROPERTIES KELOWNA Brooklyn ..............................................HR ............liveatbrooklyn.com .......................... Coming Soon ELLA ......................................................HR ............778-215-6788 ................................. From $679,900 Urbana at Central Green ................ MR............778-581-5800 ................................. From $459,900 Waterscapes........................................HR ............250-763-8313 ....................................................... Call NANAIMO Riverstone place ................................LR ............604-880-3530...................................................... Call Prospect.............................................. MR............parkshore.ca....................................... Coming Soon VICTORIA Black & White .................................MR/PH ........778-265-3464....................................................... Call Customs House .................................HR ............https://customshouse.ca/ ................................. Call

NOTE: Pricing is subject to change; please contact the specific development for more up to date details or special promotions.

58 New Home + Condo Guide | Oct. 3–17, 2020

PRICE

LIVE HERE. PLAY EVERYWHERE.

NOW OPEN! The on-site Sales Centre for Crest is now open in Central Lonsdale, North Vancouver. Book your appointment today to learn more about living at Crest, a spectacular 6-storey SmartWoodTM community.

www.adera.com/crest 604.980.0016

U N D E R C O N S T R U C T I O N | N OW S E L L I N G

M AY W O O D

Have it all. See it all. OUR CANOPY COLLECTION PRESENTS 54 EXCLUSIVE HOMES WITHIN MAYWOOD ON THE PARK, LOCATED IN METROTOWN.

Studio, 2-bed and 3-bed homes starting from the mid-400’s

MAYWOODLIVING.COM CALL TODAY 604 435 8866 Information contained herein is correct at time of publication but is subject to change without notice. Pictures, drawings and digital renderings are for illustrative purposes only and should not be relied upon. E.&O.E. Sales & Marketing by Intracorp Realty Ltd. Maywood Park Limited Partnership

SALES CENTRE

MCKAY AVE

WILLINGDON AVE

NOW SELLING BY PRIVATE APPOINTMENT

KINGSW

CENTRAL BLVD BERESFORD ST

METROPOLIS AT METROTOWN

SALES CENTRE 6039 Mckay Ave, Burnaby‚ By Appointment 604.435.8866 maywood@intracorphomes.com