BC New Condo Guide - February 8, 2013

February 8 - 22, 2013 Volume 03 Issue 03

INSIDE THIS ISSUE

NCG VAN Cover-02-08-2013.indd 2

HOW IMPORTANT IS LOCATION?

THE EVOLUTION OF CONDO AMENITIES

MAKING SENSE OF PROPERTY ASSESSMENT

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Downtown Living.

West End Charm.

At the intersection of everything you love.

Location, style, and superior features.

These smartly designed homes include air conditioning, full size stainless steel appliances, polished stone countertops and roller blind shades.

Spacious 1 and 2 bedroom homes offer room to entertain and a comfortable refuge to relax in.

Visit our Presentation Centre located at 1305 Burrard St. Open Daily 12-6 (closed Fridays) or call 604.879.2010

For more information visit www.amacon.com

Prices and availability subject to change without notice. E.&O.E.

february 8 - 22, 2013 metro vancouver new Condo Guide 5

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Date: Client: Project:

January 31, 2013 Amacon Modern Amacon Modern Advert

2/5/13 4:54:35 PM

MAKE THIS YOUR EVERYDAY. Introducing Royce in White Rock – an exclusive enclave of luxurious condo residences in one of BC’s most coveted ocean-side communities. With unobstructed panoramic views, superb amenities and exceptional detailing at every corner, Royce offers a rare sense of serenity high above the Pacific Ocean. A place where location and luxury reside.

STARTING FROM

$339,000

VIP Previews starting early February at the Royce Presentation Gallery located on Thrift & Everall

Royce is currently not an offering for sale. E&OE.

REGISTER TODAY

ROYCELIVING.COM Call 604.538.8028

Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca

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table of contents

February 8 to 22, 2013 volume 3 issue 3

18

WAll centre central park Presentation centre opens February 9th

66

columns, news & features 012 Editor’s note special insert

KEEFER BLOCK Heritage Meets Modern

Columns

080 m ake your move With these packing tips, you can conquer your move without losing your mind by dan hopkins 082 c ondo sense Why it’s important to understand how your property is assessed and taxed by cameron mcneill

features

066 i ndustry insider Building the fabric of a community: Q&A with Daniel Boffo by susan m boyce

070 condo culture The evolution of trends in condominium amenities 088 hot topic Location is about far more than resale value by kara kuryllowicz

news

Homebuyers’ Help

056 g eorgie finalists The 21st annual Georgie Awards will celebrate B.C.’s finest condo developments

014 Condo Watch Condominium homes to keep your eye on

090 Homebuyers’ resource section 092 l isting directory MAPS

016 Vancouver 024 Surrey/Langley 038 South Surrey/ White Rock 042 R ichmond 048 Tri-Cities 062 Burnaby 074 Abbotsford/Chilliwack 078 North Shore 084 Pitt Meadows/ Maple Ridge

by susan m boyce

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MAIN ST

EAST 1ST AVE

MAIN ST

QUEBEC ST QUEBEC ST

EAST 1ST AVE

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 9

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Vice-President, Wall2Wall Media

Jacqueline Hill Editor-In-Chief, National Real Estate

44

Susan Legge Director of Sales, Western Canada

Josh Heppner Art Director

Sarah Jang Editor

Janine Druery Lydia McNutt (on leave) Contributing Editors

condo profileS

Wayne Karl Elisa Krovblit Silvana Longo Sara Duck (on leave) Design Editor

Yanic Simard

46 Account Executives

Dave Bird 604.319.7102 Brenda Everitt 604.319.7103

44

parc riviera

Sales Coordinator

Justin Salvador Ranee Pal (on leave)

Riverfront living in Richmond by susan m boyce

Production Manager

46

Bala Gnanapandithan

canu

Production Co-ordinator

Laura Northmore

Luxury condo living comes to Ladner

Graphic Designer

Caroline Wassef

by janine mackie

50

50

National Account Manager, Mediative

Paul Slizys

emerson

Home store and model home now open

Published By

by janine mackie

52

Wall2wall Media is a Trademark of Yellow Pages Group Co. in Canada.

easton

Astonishing views and a great location

4180 Lougheed Highway Suite 102 Burnaby BC V5C 6A7 T. 604.519.6080 F. 604.519.6088

by susan m boyce

76

lift

Extreme affordability in Abbotsford by susan m boyce

52 76

Call 604.519.6080 for 足advertising rates Copyright covers the contents of this publication and prevents reproduction in whole or in part: offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher.

Advertising

The views and data expressed by columnists do not necessarily represent those of the publication. homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

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move-in december 2013 and visit our display suite today.

february 8 - 22, 2013 metro vancouver new Condo Guide 11

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EDITOR’S NOTE

Think you can’t afford a home?

THINK AGAIN.

SUSAN LEGGE

EDITOR-IN-CHIEF

Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on facebook search: Condo Guide

Much like that bank commercial that says, “you’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you only need to change your definition of “home” to get into the market.

While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for new place to call home.

Not only does townhouse and condominium living afford you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move you

can often opt to remain in the same neighbourhood, since many communities offer a mix of designs and sizes, which allow families to relocate easily without having to change jobs or schools.

Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the price spectrum. This winter, many builders and developers are gearing up for their grand openings and have new communities available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity.

Have a look through this issue and see what you think. The home of your dreams is waiting.

WHICH SITE IS RIGHT?

JANINE DRUERY

EDITOR

Wall2Wall Media Janine.Druery@wall2wallmedia.com Follow me on Twitter at Twitter.com/JanineDruery

I sometimes think that if I hear the adage “location, location, location” one more time, I’ll implode. But the saying is a saying for a reason: where you buy does matter. And while resale value is a key component, if you are planning on settling into your new abode for some time to come, the location matters for many other reasons.

If you are in the market for a new condo, you’ll want to ask yourself a lot of questions to help narrow down your choices. Consider the following: ›› Do you thrive on the vibe of city life or enjoy the quiet of suburban living? ›› What will you get for your money in different areas? ›› How far will your daily commute be? Is there public transit nearby?

How much will it all cost?

›› Are there amenities – parks, recreation centres, health services – within walking distance? ›› Are there enough cultural/ entertainment hot spots (restaurants, theatres, clubs, bars) around to suit your lifestyle? ›› Are there schools in the neighbourhood? How will your kids get there?

Of course, the more questions you ask, the more questions you’ll likely generate. In this issue of New Condo Guide, we focus on location and amenities, and offer up info and advice for those of you looking for a new home.

Good luck, and if you have any questions you’d like to ask of us, please get in touch. We’d love to hear from you!

12 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

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condo watch

Keefer Block Chinatown On the Street: 189 Keefer St. Presentation Centre: 880 Seymour St. On the Web: keeferblock.com

Condo market watch Condominium homes to keep your eye on

Pacific Point Yaletown On the Web: pacificpointcondos.com Info: 604.685.0855 Highlights: Priority register early for this opportunity to purchase a cuttingedge downtown condo. A waterside location in Yaletown with commanding views of False Creek and sparkling city lights. Be part of a lifestyle that includes proximity to the Seawall, fine dining, transit and bike routes, plus a diverse array of entertainment venues.

Info: 604.682.8813

Carrera Richmond On the Web: polyhomes.com Info: 604.871.4123 Highlights: Ideally situated next to the lush Minoru Park, this collection of condominium residences is a unique oasis within the heart of a vibrant city.

More than 240 stores and services are just steps away at Richmond Centre, the Canada Line, Minoru Aquatic Centre, Richmond Library, and the Gateway Theatre. Unparalleled views of the North Shore mountains, bright open-plan layouts, and five-star hotel-style amenities that include fully equipped fitness studio, outdoor whirlpool, professional-grade barbecue, and social lounge overlooking an infinity-edge water feature.

Shannon Station Kerrisdale On the Street: 1880 – 57th Ave. On the Web: shannonstation.ca

EMERSON West Coquitlam

Info: 778.882.8797

On the Street: 608 Como Lake Ave.

Highlights: Quiet location, spacious floorplans, and meticulous attention to details make this boutique apartment residence an unanticipated oasis.

Balconies and private terraces create seamless integration between indoor and outdoor living spaces. This one is so well integrated into the neighbourhood that it’s easy to miss, but that would be a mistake because it’s a rare, delightful opportunity. Open noon to 4 p.m. daily except Fridays, or by appointment anytime.

On the Web: mosaichomes.com Info: 604.936.9300 Highlights: New, onsite presentation centre now open. Priced from the mid-$200s, these homes boast outstanding proximity to the upcoming Evergreen Line and feature MOSAIC’s distinctive Georgian-inspired architecture plus extensive brick monumentation, an outdoor lobby featuring arched canopy, and a one-of-akind, antique chandelier.

Highlights: This new community of 81 modern flats juxtaposes the honest, traditional architecture of the past with today’s contemporary minimalist pizzazz. Brought to you by Solterra, these residences range from one- to three-bedrooms and are priced from just $249,900. Be sure to ask about the exclusive Private Collection situated on the top two floors. Call to book your VIP preview.

Kudos to ParkLane’s River District On January 23, 2013, ParkLane took home gold in the Best Presentation Centre category at The Nationals.

Presented by the National Association of Home Builders (NAHB), these awards are the largest of their kind in North America and attract entrants from across North America, South America, as well as Asia. In the past five years, only two developers from Western Canada have won a gold in these prestigious awards.

The River District Centre is open daily from 11 a.m. to 6 p.m. at 8683 Kerr St. in Vancouver. For more information visit riverdistrict.ca or call 604.431.5594.

Tell Us Your News Got a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop us a note at susan@suntrackercafe.com, and we’ll do our best to get it in the next edition.

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Douglas College

N

Barnet Hw y

Westwood St

Pinetree Way

Johnson St

Guildford Way

Glen Drive

COQUITLAM CENTRE MALL

Lou g

hee

dH

wy

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va n c o u v e r | d o w n t o w n va n c o u v e r

SW

DUNBAR ST

L AL

W KING EDWARD AVE

PACIFIC SPIRIT PARK

MA

RIN

ED

R

COMMERCIAL DR

AVE

W 6TH AVE

4

W BROADWAY

E 1ST AVE

16

E BROADWAY

E BROADWAY

W 12TH AVE KI

12

NG

E 12TH AVE

SW AY

E KING EDWARD AVE

QUEEN ELIZABETH PARK

E 33RD AVE

E 29TH AVE

W 41ST AVE

3

E 41ST AVE

OAK ST

W 57TH AVE

MAIN ST

W 49TH AVE

E 49TH AVE

13 RI

W 70TH AVE

SW

MA

N

R ED

SE MARIN E

1. THE residences at west

8. radius

15. keefers block

2. Kits360

9. sydney

16. sesame

3. wall centre central park

10. meccanica

17. rolston

4. collection 45

11. Modern

5. opsal

12. bluetree homes on main street

195 West 2nd Ave 604.707.9378

1777 West 7th Ave 604.737.0360 Boundry Road & Kingsway 604.874.9232 Main Street & 8th 604.569.1555

2nd & Quebec Street 604.876.7332

6. academy

5696 Berton Ave. 604.228.8895

7. sail

108 - 3479 Westbrook 604.221.8878

4th Ave. & Fir 604.731.5522 2065 W12th Ave 604.892.7712 First & Quebec 604.876.8819

1305 Burrand St. amacon.com

DR

BOUNDARY RD

W 16TH AVE

W1

6

W BROADWAY

INAL

VICTORIA DR

KM

7

9

TE R M

10

5

KNIGHT ST

OO

AVE 6TH

2

8

CAMBIE ST

W 10TH AVE

1

OAK ST

ALMA ST

W 4TH AVE

CORNWALL AVE

MAIN ST

REY RD

BURRARD ST

POINT G

VENABLES ST

15

GRANVILLE ST

JERICHO BEACH PARK

LVD

BR ST WE

UBC

11 17 14

E DR

LLOR B

ARBUTUS ST

NCE

MCDONALD ST

AR IN

CHA

RENFREW ST

E HASTINGS ST

BURRARD INLET NW M

Keefer St & Main St 604.682.8813 Renfrew & 2nd Ave 604.253.8888

Site Address: 625 Rolston Presentation Centre: 140 - 1265 Granville Street 604.688.8297

King Edward & Main 604.877.1116

13. mc2

Cambie & Marine 604.638.9998

14. maddox

Howe & Drake 604.669.8200

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VANCOUVER - WE SINCERELY APOLOGIZE FOR THE SEX COMMENT IN OUR RECENT ROLSTON ADVERTISING CAMPAIGN. The advertising campaign stating that "The Rolston was So Enticing Other Buildings Want To Have Sex With It” was considered alarming by a number of people.

Yes, we did sell multiple homes at The Rolston because of this campaign but if the Sex comment was considered inappropriate, we do apologize.

In the future we will focus on presenting the Rolston condominium homes solely on their amazing architectural design, downtown Vancouver location and very affordable pricing.

And, for the record, we deny the rumor regarding the CN Tower and The Rolston having sex. Nor did The Rolston have sex with the Wave condominiums in Surrey or Centro homes in Richmond. And we would like the OnQue development to stop calling. The Rolston doesn’t like you in that way and only wants to be friends.

Check out the Rolston for yourself and see what all the fuss is about!

Marketing/Sales by:

PRESENTATION CENTRE #140 – 1265 Granville Street Open Sat - Wed: 12-5, Closed Thurs. & Fri.

604.688.8927

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THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS. RENDERINGS, PLANS, PHOTOS, AND SKETCHES ARE REPRESENTATIONAL ONLY AND SHOULD NOT BE RELIED UPON. E.&OE.

STARTING AT $349,900.

Come into our new presentation centre and see why Rolston is so attractive to home owners that are ready for something bold… and aren't afraid to admit it.

2/5/13 4:54:59 PM

cover story

Wall Centre Central Park

Affordable, well finished and highly sought after // by janine mackie

This week, homebuyers and condo investors alike will have the opportunity to preview one of Vancouver’s most anticipated new communities – Wall Centre Central Park.

Doors to the presentation centre at Boundary and Vanness in the Collingwood Vancouver neighbourhood open at noon on Saturday, February 9th. The response is expected to be robust when condos are released for sale in March with prices starting from just $229,000, and 299 presale homes released for under $299,000.

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“ There is such a demand for value and affordability.”

Linda Chu, Rennie Marketing Systems

GAS COOKTOPS AND QUARTZ COUNTERTOPS “This project is truly exciting,” says Linda Chu, director of marketing at Rennie Marketing Systems. “There is such a demand for value and affordability. Once again the developer has come to the table with just that — great quality in the homes with all the essentials and priced really well.”

Chu is quick to clarify that just because they say “affordable,” not to assume any corners have been cut.

This will be a community to rival all others and will ultimately include three 30-storey towers, plus a sevenstorey midrise, breathtaking views, an incredible location, clubhouse with pool, enviro-features, and interior finishes delighting the most discerning of tastes.

While today’s homebuyers are embracing a more casual lifestyle they are demanding some cushy comforts and upscale amenities to go along with it. To enhance this quest for chic

living, each kitchen at Wall Centre Central Park will be defined by intelligent, efficient design. A social hub to raise a glass and toast friends and family, culinary spaces includes shaker-style cabinetry, quartz slab countertops and sleek appliance package featuring matching panelled Liebherr refrigerator and stainless steel Porter & Charles dishwasher and dual fuel gas range.

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FLOOR TO CEILING WINDOWS FRAME PANORAMIC VIEWS Attention was also lavished on the floors, with handsome wood-tone laminate planks in the living areas and contemporary large format ceramic tiles in the bathroom.

Extraordinary at every turn, there are sleek brushed nickel door handles, expansive windows offering views of the water, mountain and city skyline, and spa-inspired baths with marble countertops and glass showers.

Oversized windows frame big city views while bathing each home in West Coast sunshine.

Wall Centre Central Park is the perfect destination for the young professional or any homebuyer looking for a lifestyle, not just a new home. A wide variety of floorplans and layouts will soon be released ranging from studio plans to two bedrooms, as well as a few select townhomes. Residents will have private access to their own clubhouse featuring a pool and Jacuzzi. Plus, each tower will have its own fitness facilities. Strike up a conversation in the lounge, enjoy a book on the outdoor patio, plant fresh herbs in the shared gardening plots and breathe easier with eco-features like a green roof, car co-op and direct bike access to the BC Parkway bike path to downtown Vancouver.

HOP ON THE EXPO LINE FOR A SHORT COMMUTE TO WORK With access to transit the hot ticket these days, commuters are sure to see the added value of being walking distance to the Joyce-Collingwood Station. Skytrain passengers are whisked to Vancouver’s Waterfront Station in 14 minutes, while those who work in Surrey are delivered to the King George Station in 25 minutes.

Located on the border of East Vancouver and Burnaby, there is

plenty to do in the surrounding neighbourhood from shopping and a movie at Metrotown, to discovering hip cafes and friendly ethnic bakeries. Central Park is the backdrop of this dynamic community. Known for its beautiful Douglas firs and maple groves, the 90-hectare urban park has tennis courts, an outdoor swimming pool, walking trails, pitch and putt golf course and is home to the Swangard Track and Stadium.

Experience Wall Centre Central Park in living colour this weekend as the presentation opens with two full display suites and interactive floorplans and views. Designed by award-winning architect gBL Architects and developed by Wall Financial, the same team that has brought to fruition thousands of other prestigious Vancouver condominium residences and hotels such as Electric Avenue, Yaletown Park, Wall Centre Richmond and Wall Centre Downtown, Linda Chu affirms that homebuyers can feel confident about their investment at Wall Centre Central Park.

Register your interest at 604.874.9232 and be among the first to preview daily (except Fridays) from noon to 5 p.m., beginning this Saturday, February 9th at 5522 Ormidale Street (Boundary and Vanness) in Vancouver. More information online at wallcentrecentralpark.com.

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Vancouver

$838 /MONTH

*

OW N I N K I T S F O R LE S S T H A N YO U ’ D PAY I N R E N T

MOVE I N TH I S SU M M E R

•

604.737.0360 KITS360.COM

PRESENTATION CENTRE 1705 BURRARD AT WEST 1ST · OPEN DAILY 12-5PM, CLOSED FRIDAYS *Based on 25.8% down payment, 25-year amortization with 1-year fixed rate. Interest rates effective as of October 15, 2012, and are subject to change without notice. Interest is calculated semi-annually, not in advance. All mortgage products are offered by Royal Bank of Canada and are subject to its standard lending criteria. Developer reserves the right to make changes and modifications to the content contained herein without prior notice. E.&O.E.

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Main Street

PRINCE EDWARD ST

SOPHIA ST

E 20th Av

E 21st Av

E2

Main Street

E 24TH AVE

e king edward ave E 26TH AVE E 27TH AVE

Bluetree Home Store

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Hillcrest Community Centre

E 29th Ave

an hi ot dl mi

Prince Edward St

W 29th Avenu

e Bincluded. E.&.O.E. Prices are subject to change without notice. HST/GST not

Walden St

E 28TH AVE Home Store open daily 12-5 4118 Main St., Vancouver 604-877-1116

E 29th Ave Aubrey Pl

on main street

e av

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Main Street ad for New Condo Guide

2/5/13 4:55:04 PM

St. George St

Block Party Event Feb. 9

E 23RD AVE

Balkan St

Boutique building in the heart of Mid Main. Restaurants, cafĂŠs at your doorstep. Heritage inspired architecture, modern finishes, private decks, 1 or 2 parking included.

main st

1 & 2 BED APARTMENTS

See more at bluetreehomes.ca

QUEBEC ST

m o Fr

0 0 ,9 9 3 3 $

ONTARIO ST

now selling

You Can Really LIVE Here

VANCOUVER

Starting at $258,000 Own with just 5% Down* ACTUAL VIEW FROM 3RD FLOOR

FINALIST FOR 6 PRESTIGIOUS GEORGIE AWARDS

Construction well underway!

Move-in Oct 2013

Don’t miss your chance to own a home in Vancouver’s most innovatively designed building with breathtaking views of the City!

COLLECTION45.COM PRESENTATION GALLERY · 604.569.1555 OPEN BY APPOINTMENT ONLY

604.583.2212 Sales and marketing provided by Fifth Avenue Real Estate Marketing Prices and incentives are subject to change without prior notice. Prices quoted exclude HST. Own with 5% down applies to an initial payment of 5% and the balance of the deposit paid in equal installments over 5 months. See sales representative for details. E.&O.E.

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 23

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Surrey | Langley 116TH AVE

12 0T H

OR

RD

112ND AVE

108TH AVE

A6

A9

104TH AVE

104TH AVE

se r

A14

GREEN TIMBERS URBAN FOREST PARK

TYNEHEAD REGIONAL PARK

Fr as

er

Hw

y

GOLDEN EARS BRIDGE

96TH AVE

A4 A1

88TH AVE

96 TH

88TH AVE

BEAR CREEK PARK

G

64TH AVE LANGLEY BYPASS

A11 56TH AVE

56TH AVE

er H

10

GR

AD

ER

A1. Ascend

A7. Waterstone

A12. 3 civic plaza

B1. red maple park

A2. Luxor

A8. Brookland

A13. latitude

B2. Cornerstone

A9. G3 Residences

A14. ultra

B3. elements

15956 86A Ave. 604.596.2202 12039 64th Ave., Unit #104 604.590.8003

A3. Salix

6477 - 196th Street 604.530.0054

A4. Monterosso

8727 160th St. 604.596.8828

13913 Fraser Hwy. 604.588.3783

64th & 19th 99 604.530.5399

13468 Gateway Dr. 778.395.3080 104th Ave. & 154th St. 604.453.6688

A11. lumina

14877 60th Ave. 604.760.7672

A5. verve

A6. the wave

10375 133rd St. 604.951.9283

104 Ave & 134 St 604.572.0064 14358 60th Ave. 604.596.5075 10345 133A St. 604.588.6999

wy

B6

D

Langley

SERPENTINE FEN NATURE RESERVE

B2 Fra s

B4

232RD ST

LO VE

R

RD

B3

A3

60TH AVE

61A

58TH AVE

Surrey

216TH ST

10 A7

A13

B1

72ND AVE

64TH AVE

WATERSHED PARK

208TH ST

200TH ST

192ND ST

184TH ST

176TH ST

99a

A2

B5

80TH AVE 168TH ST

160TH ST

152ND ST

144TH ST

128TH ST

120TH ST

112TH ST

72ND AVE

1a

King George Blvd

80TH AVE

AV E

48TH AVE

40TH AVE

7938 209th Street 604.888.8699 5655 210A Street 604.534.6000 20211 66th Ave. 604.533.7718

B4. varsity

200th Street & Fraser Highway 604.539.2200

B5. athenry gate 8312 Street 604.882.8857

B6. murray's walk 22323 48th Ave. 604.510.6500

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240TH ST

96TH AVE

RD

S

A5

GL OV ER

Fr a

A12

216TH ST

W ay

ST

A8

GR

N VE OS

SURREY/LANGLEY

l a t n e r y pa r o

s i n o v i t a d m r a o f ex

n i t i c i l p

We’ll match your kid’s down payment ...so you don’t have to!

UNIVERSITY DRIVE

132 ST

N

108 AVE Wave’s new down payment program means you (or your kids) can bu buy with a 5% or 10% down payment and we will match it dollar for d dollar!

Call or visit the WAVE sales centre today!

104 AVE 133 ST

SKYTRAIN 7 min. walk

10375-133RD ST, SURREY OPEN DAILY NOON-5PM (EXCEPT FRIDAYS) 604.951.9283

ELEVATED LIVING. DOWN TO EARTH PRICING. WAVELIVING.CA

Time limited offer. In a continuing effort to make improvements we reserve the right to modify or change plans, specifications and or this offering at any time. E&OE apply. See Sales Representative for Down Payment Details.

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 25

025-The Wave 02-08-13.indd 25

2/5/13 4:55:09 PM

the e r u t fu . e r e h is

enue 104 av

ll

city pa

civic plaza

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city ha

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IN START SALES

n

l Statio

103 avenue

Centra

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library

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all City H ibrary, L l a r t its w Cen lso be the ne e will a o r t t n in e ue a C City boutiq l Skytr Surrey -class Centra ld in y r e s o r s r w e r u uver. d ces, a cting S Vanco best ad residen Metro Conne a, the s m z s iu o la s it. r P c m ic n’t mis oints a ing pre and Civ ere. Do o all p ombin t h c s – is s e e k c r r a tu sit ac landm The fu za.ca d tran tallest ivicPla arallele C p n .3 u w d n g @ ww hotel a

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er fo Regist

viewin

Marketing and Sales by Colliers International Residential Marketing. This is not an offering for sale. An offering for sale can only be made with a disclosure statement. E.&O.E.

026-Century-3 Civic Plaza 01-11-13.indd 1

2/5/13 4:55:13 PM

grand opening weekends!

Saturdays February 23rd & March 9th

last chance!

10,000

$

first time buyer government incentive

LD! 80% SOnow! in move from Own mth* $575/ f les staf *see sa

tails otion de for prom

Luxury is Standard at Luxor

OWN TODAY Priced from $224,900 Special Financing Packages Available

hours: Monday to Friday 1-6pm Weekends & Holidays 12-5pm

REGISTER NOW!

luxor-living.com 604-590-8003

FOLLOW US ON FACEBOOK @ Luxor Homes

Luxury home collection group

FOLLOW US ON TWITTER @ twitter.com/luxorliving

Solon Bucholtz

Marketing and Sales by:

To Vancouver

15 min. to YVR Airport & 15 min. to US Border

Scott Rd.

Presentation Centre: 12039 - 64th Ave., Unit 104, Surrey Corner of Scott Rd & 64th Ave

58th Ave.

Hwy. 99 R E A L E S TAT E M A R K E T I N G

64th Ave.

To US Border

Wolstencroft Realty

*Selected Homes subject to change without notice. Limited time offer, see sales staff for details. This is not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E.

027-Luxor 02-08-13.indd 29

2/5/13 4:55:29 PM

SURREY/LANGLEY

D! E D LU T C IN JUS !

L 7 L M 6 A 2 S RO ’ , F IT 9

6 $1

GET YOUR OWN PLACE FROM AS LOW AS

$642*

PER MONTH

YOUR PARENTS STILL SEE YOU AS THEIR ‘LITTLE GIRL?’ BUILD YOUR DEPOSIT, WHILE WE BUILD YOUR HOME!

*

This allows you to build up towards a deposit in staggered installments until the day you move in. It’s never been easier and more viable to get into homeownership. Talk to us and we’ll go over your options.

Ascend gives you the space you asked for, in a neighbourhood you already love at a price you can afford! Live within Walking Distance of everything and kiss your parents goodbye from just $169,267 including net sales tax!

liveatascend.com 604.596.2202 Open Daily Noon–5pm (CLOSED THURSDAYS & FRIDAYS) 8655 160 St. Surrey BC Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca *Prices and incentives are subject to change or be withdrawn without notice. Prices quoted include net sales tax for owner/occupier only. Payments quoted based on current prices, a 20% down payment, 30 year amortization at 4.24% over a 5 year fixed term. Interest rate valid as of January 2, 2013. Offered by a partnership financial institution available OAC. Ask about our staggered downpayment program. Don’t miss out! E&O.E.

28 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

028-Ascend 02-08-13.indd 28

2/5/13 4:55:31 PM

Surrey/langley

NEXT 3 2 - TWO BEDROOM PURCHASES RECEIVE

HW

200 St

194 St

192 St

Y1

64 Ave

N

FR

AS

ER

HW

Y

february 8 - 22, 2013 metro vancouver new Condo Guide 29

029-Colliers-Waterstone 01-25-13.indd 29

2/5/13 6:36:36 PM

surrey/langley

what would you rather have for $8 a day? a) Triple-shoT, Tri-foam, blueberry soy laTTe B) a 1-bedroom condo aT verve

Serious About Real Estate.

over 50% sold!

porte.ca/verve 604.588.3783 verve SaLeS ceNtre + SHoWHoMeS:

10119 whalley blvd, surrey. open daily 12–5pm (closed friday) Visit us today to learn how you can be a homeowner by saving $8 a day.

1 bedrooms from $167,900

30 metro vancouver new Condo Guide february 8 - 22, 2013

030-Porte-Verve 01-25-13.indd 30

2/5/13 4:55:35 PM

Surrey/langley

you’ll love your strata fees

0

$

Buy now & we’ll pAy your strAtA fees for up to 3 years 2 & 3 Bedroom condos from $269,900 move-in this spring!

Serious About Real Estate.

now selling

porte.ca/latitude 604.596.5075 144th & 60th Ave, surrey open dAily 12–5pm (closed thurs & fri) Visit our sales centre today to speak with a Latitude representative strata fee promotion offered for a limited time and is subject to change without notice.

february 8 - 22, 2013 metro vancouver new Condo Guide 31

031-Latitude 01-25-13.indd 31

2/5/13 6:36:39 PM

$1 LA 0, 00 1st 0 ST ta ti x CH O ffe me cr AN re BC ed xp i C ire Ho t sA m for E! pr e B el il 1, uy ig 20 13 er ib s le

surrey/langley

Two bedroom starting from $249,900 including net HST

MOVE IN NOW! 8695 - 160th Street, Surrey

604-825-1038

PRICES AND INCENTIVES ARE SUBJECT TO CHANGE WITHOUT NOTICE. SEE SALES REPRESENTATIVE FOR DETAILS. E.&O.E.

32 metro vancouver new Condo Guide february 8 - 22, 2013

032-Monterosso 01-25-13.indd 32

2/5/13 4:55:57 PM

SURREY/LANGLEY

THIS WEEKEND ONLY SALE Sale StartS SaturdaY

be the firSt to know EVERY FRIDAY about the weekend’S ultra Sale

register at liveatultra.com facebook.com/uvliving @liveatultra

citY centre StudioS froM $186,900 citY centre 1 bdrMS froM $255,900 SaleS centre oPen dailY 11aM - 6 PM | 10345 133a Street, SurreY liveatultra.coM | 604.588.6999

develoPed bY *See agent for full detailS. PriceS & incentiveS are Subject to change without notice. e.&e.o.

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 33

033-Ultra 01-25-13.indd 33

2/5/13 4:56:00 PM

O VE P R HA 30 S % E1 SO LD !

MURRAY’S WALK T AKE A S TROLL

STARTING PRICE

$199,900

(including HST/GST)

56 AVE

AS

ER

YA LE

HW

Y

RD

52 AVE 50 AVE RBC ROYAL BANK

48 AVE - MCDONALD RD

MURRAY’S CORNER 224 ST

222 ST

Come and take a stroll...see which one fits you.

208 ST

Experience a brand new home in a familiar community-oriented neighbourhood.

At Murray’s Walk we have something for everyone - with 19 floor plans to choose from and homes ranging in size from 635 sq ft to over 1,300 sq ft. Whether you are looking to downsize or purchase your very first home, the Murray’s Walk team is here to help you through the process. Please visit us at our Presentation Centre for more details.

OL D

221A ST

FR

Buy before February 2013 and receive up to $10,000 in new home customizations

224 ST

216 ST

LANGLEY BYPASS

CONDO LIVING IN THE HEART OF MURRAYVILLE, LANGLEY

PRESENTATION CENTRE

Site Address:

5020 221A St, Langley (Adjacent to Langley Memorial Hospital)

Presentation Centre:

Features Include: • Quiet residential location within walking distance to shops and amenities • High-end finishes including; quartz counters, soft close cabinets, and spa-like ensuites • Gorgeous North Shore and Mount Baker views • Over-height 9 ft ceilings and over-sized balconies in every home • Secured underground parking and storage included • Guest Suite, Amenity Room, and Fitness Centre • Beautifully landscaped courtyard with fountain

#4 - 22323 - 48th Ave, Langley (In the Murrayville Square Complex, across the parking lot from RBC.) Open Daily, Noon-5pm. Closed Friday.

604.510.6500

www.murrayswalk.com

In our continuing effort to meet the challenge of product improvement, we reserve the right to modify or change plans, specifications, features and prices without notice. Rendering is an artist’s conception only. E. & O.E. All marketing materials designed by wcimediastudios.com

CondoLiving.indd 1 034-Murrays Walk 12-14-12.indd 1

2012-12-07 11:47 AM 2/5/13 4:56:03 PM

Surrey/langley

Happiness is Varsity from $599/month $ **

GET 10,0 BAC 00 K*

1 BEDROOM FROM $599 2 BEDROOM FROM $850

MONTH**

MONTH**

Langley’s Best Features Granite Window Sills • Closet Organizers Stainless Steel Gas Range • Gas Barbecue Hook Up • Granite Counters Soft Close Cabinets • Stainless Steel French Door Fridge • And Much More!

LIVEatVARSITY.COM 604.539.2200 PRESENTATION CENTRE 20060 Fraser Highway Langley Open 12-5pm daily (closed Fridays) or by appointment

* BC First Time Home Buyers Bonus conditions apply **Monthly payments are based on the Varsity Mortage Subsidy Program, see Sales Staff for details. Developer reserves the right to change the information herein. E.&O.E.

february 8 - 22, 2013 metro vancouver new Condo Guide 35

035-Rennie-Varisty 02-08-13.indd 35

2/5/13 4:56:06 PM

surrey/langley

EVERYTHING YOU EVER WANTED IN A MARCON HOME FROM JUST $804 / MONTH!

PREVIEW EVENT SATURDAY, FEB 23 592 sq.ft. 1 Bedroom from $169,900 Spacious 2 Bedroom from $229,900

FIRST-TIME HOME BUYER SEMINAR FEBRUARY 9, 2013 @ 1PM RSVP today at number below

CORNERSTONE SALES CENTRE Open daily (closed Fridays) from 12 noon to 5 pm 56th & 210A St, Langley

604.534.6000 cornerstoneliving.ca Y FOR

K C A B H S A $10,000 C UALIF WEEKS REMAIN TO Q 8 AN TH SS LE Y! RR HU

.

CENTRE FOR DETAILS S LE SA UR O SIT VI T. MEN FROM THE BC GOVERN

This is not an offering for sale. Any such offer can only be made with a disclosure statement. Monthly payments are based on 10% down, 3.04% five year term, 25 year amortization, OAC. Prices and offering subject to change. E.&O.E.

36 metro vancouver new Condo Guide february 8 - 22, 2013

036-Marcon-Cornerstone 02-08-13.indd 36

2/5/13 4:56:09 PM

PHASE 3 - GST ONLY! MOVE-IN DECEMBER 2013

Trilogy Club Lounge

PHASE 2 OVER 60% SOLD! MOVE-IN THIS SUMMER!

With larger home layouts and new options for upgraded finishings the Elements lifestyle just gets better. Complimented by beautiful landscaping, backing on to natural green space, and nestled in the heart of Langley’s vibrant shopping community you are only steps away from every urban amenity. Come see why Elements is improving the standards of perfection.

Only 2 available to move-in today!

Junior ones up to spacious two + den suites NET priced from the $160’s up to the low $400’s INCLUDING SALES TAXES VISIT OUR PRESENTATION CENTRE OPEN DAILY NOON - 5PM (CLOSED FRIDAYS) 20211 66th Avenue, Langley BC | 604-533-7718 elementsinlangley.com SALES & MARKETING BY: FIFTH AVENUE REAL ESTATE MARKETING LTD. 604-583-2212 Prices and incentives are subject to change and may be withdrawn without prior notice. Prices quoted include net HST or GST, whichever is applicable for owner occupier only. E.&O.E.

037-Element 02-08-13.indd 1

2/5/13 4:56:22 PM

10

176TH ST

184TH ST

176TH ST

184TH ST

168TH ST

152ND ST

y King George Hw

SOUTH SURREY | WHITE ROCK

40TH AVE SERPENTINE FEN NATURE RESERVE

SC

E CR

CRESCENT BEACH / BLACKIE SPIT

TR

EN

99a

D

99 32ND AVE

SUNNYSIDE ACRES URBAN FOREST PARK

CRESCENT PARK

24TH AVE

1

Ki

24TH AVE

164TH ST

26TH AVE

24TH AVE

ng 168TH ST

3

16TH AVE 160TH ST

148TH ST

152ND ST

140TH ST

128TH ST

MA R

y

2

4

Hw

16TH AVE

ge

16TH AVE

or

20TH AVE

Ge

SOUTH SURREY ATHLETIC PARK

INE

DR

15 10TH AVE 8TH AVE

8TH AVE

SOUTH SURREY / WHITE ROCK 1.

MORGAN CROSSING

24th Ave & Hwy 99 604.582.1336

2.

3.

4.

ROYCE

Thrift & Everall 604.538.8028

GEMINI

15310-17A Ave 604.536.1663

ADAGIO

20th Ave. & 154th St. 604.531.6659

38 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

038-South Surrey White Rock 2011_CG.indd 38

2/5/13 5:24:57 PM

SOUTH SURREY/WHITE ROCK

LIMITED TIME OFFER ON SELECT VILLAGE SUITES UNTIL JAN. 31 !

ST

FOCUS BUILDING

two & three bedroom condominiums in the heart of the Morgan Crossing Village

Live with over 60 shops, services, dining, amenities, & entertainment options right downstairs! Enjoy special New Year pricing on remaining Focus suites until January 31st. Your last chance to own in Focus, only a handful of homes remain.

TYPE:

2012 PRICE:

JANUARY PRICE:

SAVINGS:

922 SQFT. 2 BDRM

$281,900

$269,900*

$12,000

947 SQFT. 2 BDRM

$419,900

$299,900*

$120,000

972 SQFT. 2 BDRM

$309,900

$289,900*

$20,000

1270 SQFT. 3 BDRM

$578,900

$381,900*

$197,000

DISCOVER VILLAGE LIFE AT MORGAN CROSSING ...

Leave your car behind to shop at Best Buy, Winners, London Drugs, & trendy boutiques.

Enjoy local events like car shows and movie nights that happen along bustling Main St. Plentiful bistros and fresh groceries from Thrifty Foods mean delicious eats anytime.

Staying healthy made easy with Steve Nash Sports Club steps away.

Scenic parks, trails, & beaches all nearby.

MORGAN CROSSING IS MOVE-IN-READY VISIT THE REAL ESTATE PRESENTATION CENTRE Open Daily (except Fridays) noon - 5pm. 103-15775 Croydon Dr., South Surrey. Located next to Thrifty Foods.

WINNER 2011 BEST MULTI-FAMILY LOW RISE DEVELOPMENT

MORGANCROSSING.CA | 604.582.1336 DEVELOPED BY *Applies to Focus building only plus applicable HST and subject to availability. Prices and specifications subject to change. This is not an offering for sale, such an offering can only be made by way of a disclosure statement. E.&O.E. Sales & marketing by

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 39

039-Larco-Summit House at Morgan Crossing 01-11-13.indd 39

2/5/13 4:56:24 PM

SOUTH SURREY/WHITE ROCK

P R E S E N TAT I O N C E N T R E OPENING THIS SPRING

50 EXCLUSIVE CONDOMINIUM HOMES

Register Now

1, 2 , & 3 B E D R O O M H O M E S 24TH AVE 154 ST

N

9 Y9

KI

HW

152 ST

N 99

G G EO

604.531.6659 A d a g i o B y B o f f o.c a

RG

20TH AVE

7 0 0 – 1, 2 7 8 s q f t

E VD

BL

SEMIAHMOO SHOPPING CENTRE

THIS IS NOT AN OFFERING FOR SALE. SUCH AN OFFERING CAN ONLY BE MADE BY A DISCLOSURE STATEMENT. E&OE.

40 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

040-Boffo-Adagio 01-25-13.indd 40

2/5/13 4:56:32 PM

south surrey/white rock

february 8 - 22, 2013 metro vancouver new Condo Guide 41

041-Genex-Gemini 12-14-12.indd 41

2/5/13 4:56:40 PM

R IVE

KNIGHT ST

99 VANCOUVER INTERNATIONAL AIRPORT (YVR)

R DR

R i c h m o n d | D e lta | L a d n eDRr | T s a w w a s s e n

A1

R IVE

CAMBIE RD

DR

Richmond Hwy

CAMBIE RD

Westminster Hwy

g

ALDERBRIDGE WAY

LANSDOWNE PARK MALL

RICHMOND NATURE PARK

GRANVILLE AVE

99

RICHMOND CENTRE

GRANVILLE AVE

R DR

91

NO 6 RD

NO 5 RD

SHELL RD

CAMBIE RD

NO 4 RD

NO 4 RD

WESTMINSTER HWY

RICHMOND NATURE PARK

NO 3 RD

RU SS

BA

KE

R

LANSDOWNE PARK MALL

A8

Richmond

BRIDGEPORT RD GRANT MCCONACHIE WAY ALDERBRIDGE WAY

A2 RICHMOND CENTRE

NO 6 RD

A6

GARDEN CITY RD

NO 3 RD

R IV ER

WESTMINSTER HWY

GRANVILLE AVE

NO 5 RD

CAMBIE RD

99

W AY

KE BA SS RU

SHELL RD

R

W AY

GARDEN CITY RD

A3

VANCOUVER INTERNATIONAL AIRPORT (YVR)

A7

BRIDGEPORT RD

g

A5 A4

GRANT MCCONACHIE WAY

KNIGHT ST

R IV ER

Richmond Hwy

91

Westminster Hwy

GRANVILLE AVE

99

BLUNDELL RD

A6. mayfair

9399 Odlin Rd. 604.278.5809

RD OV E

RD

RO 47TH AD

A AVE

se rR Fr a 62ND B ST

B ST

48TH AVE

W

ladner

A7. river park

www.riverparkplaceliving.ca 604.282.7838

A8. harmony 41ST B ST

RN

SD

R

53RD ST

GR

Presentation Centre No 3 Rd and Bennet 604.278.3939

B1. canu

53RD ST

10111 River Drive 604.231.5900

8511 Capstone Way (Captsone & #3Rd) 604.233.7748

BU

28TH AVE 56TH ST

W AY

A3. parc riviera

A5. Omega

48TH AVE

4689 52nd Street 604.940.5533

U R DR

No. 3 Road and Saba 604.233.1687

ER

R IV

ARTH

A2. mandarin

8511 Capstone Way (Captsone & #3Rd) 604.233.7748

R

U R DR

113 ST

AC H

ER

Richmond #180-8360 Granville Ave. 604.270.2482

SD

W RD

17

41ST B ST

CE M ETE RY

R IV

A4. monet

RN

ARTH

BE

RI VE R

Y WA

BOU N DARY BAY R EG IONAL PAR K

72 AVE

A1. Saffron

RI VE R62ND RD

RD R VE RI EL RD N

O

NO 3 RD

N KSO

56 ST

53A ST

8A AVE SOUTH DE LTA PAR K

74 AVE

17

47TH A AVE

JAC

12 AVE

8A AVE

BU

B1

55 ST

53A ST

52 ST

75A AVE

12 AVE

119A ST

75 AVE 115 ST

DR

d e lta

CHALM E R S PAR K

RE

DE LTA NATU R E R E S E RVE

O YM RR

DR

78B AVE

BA

IC A

MONROE DR

116 ST

N

118 ST

O

112 ST

M

ST

B EACH G ROVE GOLF C OU R S E

80 AVE

SA

NT A

82 AVE

DEAS ISLAND REGIONAL PARK

G RAU E R PAR K

C OAST TSAW WAS S E N I N N

MACK I E PAR K

ENGLISH BLUFF RD

BL VD

SCOTT RD

E

y

NORDEL WAY

is Hw

c Anna

91

84 AVE

80 AVE

IR

55

TSAW WAS S E N GOLF CLU B

W

I LT SH

AVE FINN 18 RD

ladner

17

28TH AVE

ENGLISH BLUFF RD

112 ST

NO 3 RD

17

S P LAS H D OW N PAR K

DEAS ISLAND REGIONAL PARK

FINN RD

tsaw wa s s e n

56 ST

90 AVE

NORTH DE LTA PAR K

RD

ER R IV

52 ST

116 ST

MONCTON ST

RD

MONCTON ST

GARRY POINT PARK

96 AVE

GARRY POINT PARK

ER R IV

Steveston Hwy

Steveston Hwy Steveston Hwy

ive r

NO 6 RD

ive r se rR

NO 5 RD

SOUTH ARM PARK

Fr a

Steveston Hwy

NO 4 RD

WILLIAMS RD

NO 5 RD

NO 3 RD

GILBERT RD

FRANCIS RD

NO 2 RD

RAILWAY AVE

SOUTH ARM PARK

NO 4 RD

NO 1 RD

WILLIAMS RD

NO 3 RD

GILBERT RD

RD FRANCIS FRANCIS RD

NO 2 RD

NO 1 RD

RAILWAY AVE

FRANCIS RD

NO 6 RD

BLUNDELL RD

12TH AVE

042-Richmond Delta 2011_CG.indd 42

56TH ST

6TH AVE

42 metro vancouver new Condo Guide february 8 - 22, 2013

4TH AVE

1ST AVE

2/5/13 5:25:00 PM

RICHMOND/DELTA/LADNER/TSAWWASSEN

S R R M

0

O

,8

F

8

G

8

IN

2

T

$

A T

0

Surround yourself with perfect Harmony

LIVE IN PERFECT BALANCE Welcome to Harmony, a stunning new residential community in Central Richmond.

Conveniently located within walking distance of public transit, local parks, shops, cafés and restaurants, yet far enough away from the traffic and congestion. It’s the perfect balance between convenience and serenity. It’s a home perfectly in tune with all the elements of your life.

COMING SOON. REGISTER TODAY. A SOPHISTICATED COLLECTION OF HIGH-RISE HOMES IN CENTRAL RICHMOND

H A R M O N Y R I C H M O N D. C O M

|

604 278 3939

This is not an offering for sale as such an offer can only be made when accompanied by a disclosure statement. Prices are subject to change and are exclusive of GST/HST. E.&O.E.

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 43

043-Harmony 01-25-13.indd 43

2/5/13 4:56:42 PM

condo profile

Parc Riviera

Riverfront living in Richmond // by Susan M Boyce

a

hhh, life by the river. Sunshine dancing on the water, fresh breezes, and dazzling views of Vancouver and the North Shore Mountains. If this is the stuff your homebuying dreams are made of, it’s time to say hello to Parc Riviera.

Located directly adjacent to the Fraser River in Richmond, this master planned community will ultimately encompass 20 acres and will feature nine condominium clusters plus townhomes and a spectacular amenities building named, appropriately, Club Riviera. Ultimately you’ll also find retail, restaurants, and a 5,500-sq.-ft. daycare.

Yet there’s so much green space — five acres in total — that the ambiance appears more park-like than urban village.

And with construction now well underway on the first phase, Parc Riviera’s unique character and value are beginning to truly reveal themselves.

Value and Vision

“Buyers of all ages appreciate the exceptional value Parc Riviera offers,” says sales and marketing director Dave Bauman. “Young couples see a rare chance to raise their family in a riverside community where neighbours actually get to know each other and amenities are right outside your front door. Downsizers see the opportunity to enjoy single-level, maintenance-free living without compromising the space they need for their single-family furnishings and treasures.”

Sophisticated Lifestyle

Inside Parc Riviera’s two-bedroom display home there’s inviting warmth that’s pure West Coast: nine-foot ceilings, big bright windows, and a soothing ivory-on-charcoal colour.

This floorplan also cleverly puts the balcony door at an angle to the front windows creating the illusion it’s a corner suite — intelligent, innovative, practical.

In the kitchen, I spot GE Café appliances and an intriguing backsplash of textured glass subway tile. I can’t resist checking — yes, drawers and cupboards are all soft close. Plus there’s lots of counter space and storage. Good thing too because this is one culinary centre where it’s practically guaranteed your friends will be just waiting to hang out with the chef — that’s you.

Check it Out for Yourself Parc Riviera’s initial phase includes condominium homes priced from $249,900 as well as townhomes from $449,900.

Be sure to ask about the special New Year’s incentives — a limited opportunity to save thousands of dollars on your new home purchase.

The Parc Riviera presentation centre and display suite are open noon to 5 p.m. daily except Friday at 10111 River Dr. in Richmond. For more information visit parcriviera.com or call 604.231.5900.

44 metro vancouver new Condo Guide february 8 - 22, 2013

044 CP Parc Riviera-JD.indd 44

2/5/13 4:48:34 PM

RICHMOND/DELTA/LADNER/TSAWWASSEN

Richmond’s Best Value Waterfront Townhomes & Condos 15 CONDOS UNDER $269,000

15 TOWNHOMES UNDER $450,000 20 acre master planned community 5 acres of green space Construction full steam ahead, townhomes ready for move-in Fall 2013

Views to North Shore Mountains Waterfront Location Over 4,000 feet of riverfront walking trails

CALL US TODAY TO TAKE ADVANTAGE OF DEVELOPER’S NEW YEAR SPECIALS – SAVE THOUSANDS 10111 River Dr., Richmond (Between Shell & No. 4 Rd.) Open Noon – 5pm Daily Except Friday

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 45

045-Park Riviera 02-08-13.indd 45

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condo profile

CANU

Local builder brings luxury condo living home to Ladner // By Janine Mackie

a

ll good secrets have a way of getting out.

While locals have known it for years, it seems those in the market for a luxurious new condo are also discovering that small-town village life is alive and well in South Delta’s charming waterfront community of Ladner.

“It may be a slower real estate market but we’ve sold 16 condos, even before the grand opening of our showhome,” says an enthusiastic Doug Lucier, who along with Ann Sonnenberg is marketing CANU – a 30-unit development now taking shape on 56A St. With the excellent reputation of its builder, Sonnenberg Home Builders Ltd., locals have been quick to pre-register on the development’s website and conversation has been enthusiastic on social media sites like Facebook.

“It’s been a great response that I’d contribute to the know-how of the builder – a family business.

They are carpenters by trade and put the same quality and attention to detail in a multi-residential building that they would for one of the custom homes they build,” says Doug. “It’s the cleanest site I’ve ever worked on, which says a lot about their pride of workmanship.”

Fresh farm finds and Nature walks along the Slough

Backing onto a protected greenbelt and the Chilukthan Slough, which flows south from Ladner Village and is a natural habitat for birds and fish, the setting has captured the imaginations of professionals, downsizers and retirees alike.

“Sitting on the deck overlooking the waterway, taking in the views and listening to the birds sing,

really gives the feel you’re in the country, yet the convenience of Canu is incredible. It’s literally just steps from Save-On Foods, banks, local shops, restaurants and the McKee Senior’s Recreation Centre,” says Doug.

This weekend the two-bedroom display home opens to the public, providing the opportunity to truly experience the fine finishes and specs at Canu. Designed by Ron Allen Architecture, Canu has the stately appearance of a heritage home complete with brick facade, handsome hardi-plank siding, and landscaped gardens.

Canu’s Grand Opening Event now on!

Inside, the two-bedroom homes feel spacious and welcoming with nine-foot ceilings and gleaming hardwood flooring. Choose from 16 different floorplans ranging from 915 to 1324 sq. ft. and priced from $324,900. Entertain with ease in the open-style kitchens, finished with custom wood cabinetry, granite countertops, sleek undermount sinks and premium stainless steel appliances. Luxurious bathroom details include Nuheat radiant heating underfoot, seamless glass showers, glass backsplash and Grohe fixtures.

Even the environment can applaud this development with its eco-friendly features. Canu taps into solar thermal energy to pre-heat water in the building and the builder has included dual-flush toilets, low-E windows and paints with zero VOC emissions.

Skillfully designed, solidly constructed and ideally situated, Canu’s exceptional condominiums inspire homebuyers to live life to its fullest.

Visit the showhome Saturdays and Sundays from noon to 4 p.m. at 4689 52A Street in Ladner. For more information, register online at canuliving.com or call 604.940.5533.

46 metro vancouver new Condo Guide february 8 - 22, 2013

046 CP-Canu-JD.indd 46

2/5/13 4:48:45 PM

RICHMOND/DELTA/LADNER/TSAWWASSEN

LADNER T RUNK ROAD

B U I L D E R S A TH UK H ILL UG CH SLO

SAV E - O N - FO O D S

52A AVE

H O M E

TO HWY 99

N

N

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 47

047-Canu 02-08-13.indd 47

2/5/13 4:56:50 PM

LV D KW AY B

UB T EA PLA

COAST MERIDIAN RD

RIDGE PARK

NE

DR

Barnet Hwy

ST JOHNS ST

A8

V

VICTORIA DR

B2 LINCOLN AVE

COQUITLAM CENTRE

DEWDNEY TRUN K RD PRAIRIE AVE R

SY ES

Lo

VE TE A

T UNE

DAW ES

ghe

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AU G

KI

SH

Hwy

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A6

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ug

NG

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SW AY AV E

Hw

DOMINION AVE

y

Loug

AUSTIN AVE

B3

heed

MUNDY PARK

AUSTIN AVE

BR

B1

OTTAWA ST

LD

ST

MA

MARI NE R WAY

A2

LINTON ST

COMO LAKE PARK

GATENSBURY ST

SMITH AVE

BLUE MOUNTAIN ST

A4 A1 A5

NORTH RD

ER

COMO LAKE AVE

CL

AR

KE

RD

TH

DEWDNEY TRUNK RD

DEWDNEY TRUNK RD

Lo

ug

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COLONY FARM REGIONAL PARK

wy

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Ma

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Hw

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a yp

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FORD RD FRASER RIVER

A5. EASTON

A2. AUSTIN

A6. BLUETREE HOMES AT MACKIN PARK

2929 Atlantic Ave. 604-936-1888

A4. BLOOM

Sales Centre 618 Langside Ave. 604.939.8808

DEWDNEY TRUNK RD

PORT COQUITLAM

A1. EMERSON

A3. GRAND CENTRAL 3

HARRIS RD

COQUITLAM

Unit J 101 Austin Ave. 604.931.0302

123RD AVE

HAMMOND RD PITT MEADOWS AIRPORT

608 Como Lake Ave. 604.936.9300

552 Clarke Road 604.936.2012

Brunette & Lebleu Presentation Centre located at 1020 Austin Ave. 604.939.8874

A8. EVERGREEN 3005 Glen Dr. 604.942.2672

B1. RESIDENCES AT SHAUGHNESSY GOLDEN EARS BRIDGE 2037 Lougheed Hwy 604.468.0010

B2. BURLEIGH WALK 2675 Burleigh Ave. 604.464.5856

A7. TAMARACK

3156 Dayanee Spring Blvd.

604.552.3003

48 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

048-Tri Cities 2011_CG.indd 48

216TH ST

PIONEER MEMORIAL PARK

INLET PARK

LA NS BL VD DOW

DR

210TH ST

TA IN

IA

207TH ST

ROCKY POINT PARK

UN

R TO IC

203RD ST

y

w H

SHORELINE PARK

DAV ID A VE

TOWN CENTRE PARK

S BONSON RD

MO

A7

HARRIS RD

R IT AG E

CEDAR DR

D

COAST MERIDIAN RD

t ne

r Ba

OR

HE

JOHNSON ST

DAVID AVE IOC

PI N

ET R

EE

WA Y

PA R

LVD

COQUITLAM | PORT COQUITLAM | PORT MOODY | PITT MEADOWS

2/5/13 5:25:01 PM

R IVE

R RD

Coquitlam/Port Coquitlam/port moody

february 8 - 22, 2013 metro vancouver new Condo Guide 49

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2/5/13 4:56:53 PM

condo profile

EMERSON. by MOSAIC. Home Store and model home now open with early bird pricing from $199,900 // By Janine Mackie

o

nce the Evergreen Line is ready, it will take less than 30 minutes to get from West Coquitlam to Downtown Vancouver. That convenience has buyers on the lookout for a home that fits their style and price point in one of Metro Vancouver’s newest transit-based neighbourhoods – Burquitlam.

From the onset, local homebuilder MOSAIC has been committed to the vision of West Coquitlam’s Evergreen Heights, so selling its fifth and final apartment building in this neighbourhood is a capstone to MOSAIC’s contribution in the neighourhood.

EMERSON, 63 Georgian apartments from $199,900, represents the final opportunity to buy a brand new home by MOSAIC in Evergreen Heights. Offering such hard-to-resist value, EMERSON is already over 60-per-cent sold to buyers who are as enthusiastic about the affordability as they are about being part of this up-and-coming neighbourhood.

“In five years, this whole area will look totally different,” says MOSAIC’s Geoff Duyker. “The halo of the Evergreen Line combined with some exciting mixed-use projects will bring new, high-street retail and breathe vibrant life into everything.”

Easy commute to Vancouver or Simon Fraser University.

Once one of Coquitlam’s oldest, most established neighbourhoods, Burquitlam is rising to be “the place to be”. A new shopping village with a brand new Safeway and high-street retail will replace the current Burquitlam Plaza, already within close proximity to Simon Fraser University.

Building on the success of its previous properties, MOSAIC has taken everything that buyers said they loved and fine-tuned the details, including adding a corner one-bedroom-and-den plan with an abundance of natural light to their varied selection of floorplans.

Details are MOSAIC’s obsession and, at EMERSON, homebuyers have been quick to appreciate that attention to detail that makes their homes that much more livable – pre-wired TV walls, nine-foot ceilings, in-suite storage, the option for a built-in desk, and well-designed spaces that can accommodate full-size sofas in the living room and full-size beds in the bedrooms.

Georgian Architecture. Modern Interiors.

With the kitchen serving as the hub of daily life, EMERSON has been designed to embrace all life’s moments with style. Alongside the stainless steel appliances, the composite stone countertops and glass backsplash are stunning. Cooking is a pleasure in this space which is efficiently planned with soft-close cabinetry, under-cabinet spice ledge and halogen task lighting.

Inspired by Georgian architecture, the exteriors are fashioned with red and white brickwork, black metalwork and charming window boxes.

Make your debut into Burquitlam’s exciting new real estate market and come home to MOSAIC’s EMERSON. Home Store and model home now open at 608 Como Lake Ave. in West Coquitlam, daily 12-6 p.m. For more information, contact the EMERSON Sales Team at 604.936.9300, mosaichomes.com/emerson or emerson@mosaichomes.com.

50 metro vancouver new Condo Guide february 8 - 22, 2013

050 CP-Mosaic Emerson-JD.indd 50

2/5/13 4:49:03 PM

COMO LAKE EMERSON

AR

KE

Steps from the Evergreen Line, close to SFU and Lougheed Town Centre.

From the low $200s.

CL

WEST COQUITLAM APARTMENTS – OWN FROM $565/MO*

Home Store + model home 608 Como Lake Ave 604.936.9300

mosaichomes.com *Please ask us for details. Artist rendering. E.&O.E.

051-Mosaic-Emerson 02-08-13.indd 51

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condo profile

Easton Start here: go anywhere // by Susan M Boyce

t

here really is a single word that sums up the view from here on the top floor at Easton: astonishing. Sure there are plenty of other descriptors — spectacular, panoramic, amazing — but astonishing is the most accurate.

“People simply don’t think of views like this when they think of Burquitlam,” says project marketer Howard Steiss who’s giving me a sneak peek onsite tour just before the drywall goes in. His gesture takes in the snow-covered North Shore Mountains, the highrises of Metrotown shimmering on the horizon, and a few delicate wisps of cloud currently decorating the peak of SFU.

“ People simply don’t think of views like this when they think of Burquitlam.”

Howard Steiss

For convenience, Easton is also a tough to beat location. “You’re 15 minutes or less from four well-respected educational institutions — SFU, BCIT, and two Douglas College campuses — five minutes from the Barnet Hwy. or Lougheed, and it will be a five-minute walk to the Evergreen Line station,” Howard says. “And you can own a home here for less than half you’d pay for something comparable in Kits or False Creek.”

Style to Spare

Inside the presentation centre’s brand new display home, Easton’s distinctly urban outlook is everywhere: polished quartz countertops, nine-ft. ceilings, stainless steel appliances, and a wide-plank laminate flooring almost indistinguishable from real hardwood but virtually indestructible.

But it’s also packed with plenty of subtle, oh-so-thoughtful extra details.

Closet doors are hinge-mounted, swing-style — reliable and giving you complete access to every inch of closet space. There’s a convenient shampoo/ soap wall niche in the ensuite shower, and with a delightful touch of elegance, the den is accessed through a French door.

Then there are things most people miss when they’re looking at a floorplan. “For example, most of our second bedrooms will accommodate a queen-sized bed, night table, plus a chest of drawers,” Howard says. “Every balcony, even ones on the top floor, are covered, meaning you can enjoy them year-round. And, in addition to its proximity to SkyTrain, Easton’s many energy and water-efficiency features support a sustainable, healthy lifestyle.”

Easton is now well under construction at 617 Smith Ave. Remaining two-bedroom homes are priced from just $339,900 including net GST, property transfer tax, and transitional tax, so what you see truly is what you get.

Presentation centre and display home open noon to 5 p.m. daily except Fridays in the Burquitlam Plaza (next to the UPS store). Easton is marketed by Team Marshall and Red Dot Real Estate Marketing. For more information visit eastonliving.ca or call 604.936.2012.

52 metro vancouver new Condo Guide february 8 - 22, 2013

052 CP-Easton-JD.indd 52

2/5/13 4:49:09 PM

c

proje for c Th desig stylis defin arch Loca shop will b effici F you’d longresid with build resta Park hom

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899

$

/month*

why rEnt whEn yOU can Own a 2 BEdrOOm hOmE!

• Own for less than rent! Exceptional quality.

• Prime location - 7 minute walk to future Burquitlam Skytrain!

• Just minutes to SFU, parks and shopping!

www.eastonliving.ca Presentation centre in Burquitlam Plaza 552 clarke road, coquitlam Open daily noon - 5 pm (except friday)

t: 604.936.2012

* 15% CMHC OAC. Special financing on select models OAC ends Feb 17, 2013. Red Dot Real Estate Marketing Ltd. Sales by disclosure statement. Allaire Properties Easton Inc. E.&O.E.

february 8 - 22, 2013 metro vancouver new Condo Guide 53

053-Allaire-Easton 02-08-13.indd 53

2/5/13 4:56:59 PM

IT’S NOT TOO LATE TO...

DISCOVER BC’s BUILDERS, DEVELOPERS AND COMMUNITIES - ONE STORY AT A TIME

2012 BUILDER & DEVELOPER

BC’s Builders, Developers and Communities – One Story at a Time

Discover Metro Vancouver’s

top home & condo builders

If you missed picking up this year’s issue, call 604.519.6080 or email homes@wall2wallmedia.com to receive your FREE copy!

54 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

000-BuilderAnnual 2012.indd 54

Advice on buying a new home or condo Mortgage and financing tips and much more

homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

2/5/13 5:10:34 PM

Coquitlam/Port Coquitlam/port moody

COQUITLAM’S BEST EXPERIENCE LIFE AT THE TOP AT MTHREE

• Topped by The Summit Club, a stunning 9,000 square foot clubhouse in the sky.

• One bed up to two bed + den homes by the award winning Cressey.

• Steps to the new Evergreen Line.

• Famous CresseyKitchen™ in every home.

• Priced from the low $200s.

CALL YOUR REALTOR FOR MORE INFORMATION

VISIT liveatMThree.com CALL 604.472.9555

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

february 8 - 22, 2013 metro vancouver new Condo Guide 55

055-Cressey-MThree 02-08-13.indd 55

2/5/13 4:57:01 PM

Georgie Finalists

Celebrating B.C.’s finest condo developments

The 21st Annual Georgie Awards // By Susan M Boyce

The envelope please Just some of the finalists in the condo categories of this year’s Georgie Awards. To get a closer look all finalists and view pictures of their entries, visit georgieawards.ca.

Best Multi-Family Lowrise MacPherson Walk North:

Hungerford Group Gemini Phase 1: Genex Development Paloma: Mibroc Group The Fairwynd: Wensley Architecture Altezza: Censorio Development Best Interior Design Display Suite The Private Residences at the Hotel

Hotel Georgia Development MAC Marketing Solutions Nature’s Walk: Royale Properties The Austin: MAC Marketing Solutions 15 West: MAC Marketing Solutions Georgia:

Meccanica:

Best Logo

MAC Marketing Solutions Allaire Properties Capital City Centre: League Assets Yu at Wesbrook Village: MAC Marketing Solutions Collection 45: Fifth Avenue Real Estate Marketing Meccanica: Easton:

Collection45 in Vancouver

It’s almost time: time to honour the crème de la crème among the experts who build, develop and market British Columbia’s finest condominium residences. That’s right, the 21st Annual Georgie Awards are almost here.

This year saw more than 500 entries in a total of 45 categories — each one a tribute to the imagination, innovation, and sheer passion for quality that characterizes this province’s residential building industry.

Finalists in most categories were announced last November, but at press time, contenders for the Grand Georgie Awards and Customer Choice Georgie Awards powered by Avid were still waiting to discover who will be in the running for top honours.

“I have great respect for our members who choose to enter the Customer Choice categories,” noted MJ Whitemarsh, CEO of CHBA-BC, when discussing last year’s battle to be the best. “It requires bold confidence in one’s abilities and a real desire for self improvement to allow your company to be judged by your customers and then take the information and act upon it.”

Winners of the 21st Annual Georgie Awards will be announced at a gala celebration on February 23rd, 2013 at the Vancouver Convention Centre West.

For more information and to view images of all projects in this year’s final competition, visit georgieawards.ca.

Best Project-Specific Website

MAC Marketing Solutions Allaire Properties Capital City Centre: League Assets The Austin: MAC Marketing Solutions Collection 45: Fifth Avenue Real Estate Marketing Meccanica: Easton:

Best Sales Centre

MAC Marketing Solutions Hungerford Group Capital City Centre: League Assets 15 West: MAC Marketing Solutions Collection 45: Fifth Avenue Real Estate Marketing Meccanica: Altitude:

56 metro vancouver new Condo Guide february 8 - 22, 2013

056 Georgie Finalists-JD.indd 56

2/5/13 4:49:18 PM

You Can Really LIVE Here

MARMONT ST

Mackin Park

NELSON ST

LO

BRU

VE TE A NET MACKIN PARK

UGH EEDopen daily 12 -5 Home Store HW Y 211 – 1020 Austin Ave., TR A N SCANAD Coquitlam A HWY 604-939-8874

SCHOOLHOUSE ST

ALDERSON AVE

KING EDWARD ST

Prices are subject to change without notice. HST/GST not included. E.&O.E.

EDGAR AVE

BOILEAU ST

Coquitlam’s best value from $199,900

ROCHESTER AVE

LEBLEU ST

Walkable neighbourhood, close to amenities, minutes from Lougheed SkyTrain. French-inspired architecture, spacious floorplans, modern finishes. Every home includes an outdoor space and 1 or 2 parking.

BLUE MTN. ST

1 & 2 BED APARTMENTS

AUSTIN AVE

Bluetree Home Store

grand opening on now

Mackin Park

See more at bluetreehomes.ca at mackin park

057-Bluetree-Mackin 02-08-13.indd 1

Mackin Park ad for New Condo Guide

2/5/13 4:57:03 PM

Coquitlam/Port Coquitlam/port moody

$5,000 Towards

Pricing starting at $228,900 including HST

SU O IT NL ES Y LE 8 FT

Your Down Payment for the Next 2 Purchasers!

58 metro vancouver new Condo Guide february 8 - 22, 2013

058-Residences on Shaughnessy 01-11-13.indd 58

2/5/13 4:59:09 PM

Westwood St

COQUITLAM/PORT COQUITLAM/PORT MOODY

igh Av Burle

Bedford St

e

Como Lake Ave

ay Ave

Kingsw

Chine Dr

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60 metro vancouver new Condo Guide february 8 - 22, 2013

12-055 / final artwork Condo Guide position: best possible 8, 2013 insertion date: 060-061-HPO Condo GuideFeb 02-08-13.indd

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This helpful, easy-to-use, online resource is available from the Homeowner Protection Office (HPO) website at www.hpo.bc.ca. Savvy homebuyers are using it to make more informed purchasing decisions.

New Homes Registry Keeps Homebuyers informed The New Homes Registry provides free access to find out if a home has a policy of home warranty insurance and is built by a Licensed Residential Builder, or whether it’s built without home warranty insurance. Homebuyers can obtain valuable information such as the name and contact number of the warranty provider, the builder’s warranty number and whether an owner-built home can be legally offered for sale.

Every new home built for sale by a Licensed Residential Builder in British Columbia is protected by mandatory third-party home warranty insurance. Better known as 2-5-10 home warranty insurance, this coverage includes: two years on labour and materials, five years on the building envelope (including water penetration), and 10 years on the structure.

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12-055 / final artwork Condo Guide position: best possible 8, 2013 insertion date: 060-061-HPO Condo GuideFeb 02-08-13.indd

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Full page NO bleeds: 7.25” wide x 9” deep CMYK, 300 dpi subject line: HPO ad for Condo Guide

february 8 - 22, 2013 metro vancouver new Condo Guide 61

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Bu r naby | N e w We s tm i n s te r New Westminster

BARNET MARINE PARK

EYS TON

ED

GA GL

R

AR

SQUINT LAKE PARK

A3

U

DI

ROYAL OAK AVE

WILLINGDON AVE

GILLEY AVE

BOUNDARY RD

688 Columbia Street 604.525.0223 Agnes St & Elliot St 604.524.0888

O

E AV B5 L B3 YA RO B4

B1

DUNCAN ST YD BO

A8. firma AY TW

EN

ROYAL OAK AVE

BOUNDARY RD

E AV

RW

EN

EW

DE

1902 Rosser Ave. 604.294.3339

ST

Site Location Gamma Ave. & Hastings St. liveatburnabyheights.com

A6. Reflections

DE

DS

AY NW

A5. montage

A2. highland house

QUEEN’S PARK

E ST

E WAY

A4. Vantage

RI

R WA

R

E AV

CB

ST

D

M

H

DR

E

BRAID ST

E AV

ST

S

IN

H 8T

H

TH

M

AR

E AV

6T

E AV 8T

TH 10

FI

NELSON AVE

B4. trapp & holbrook

ST

T B2 6

SOUTHRIDGE DR

DR

E AV H

A6 IF

Site Location Madison Ave. & Hastings St. liveatburnabyheights.com

6th & Royal Ave. 604.525.8980

D

H 8T

B1

GR

PATTERSON AVE

1

IMPERIAL ST

A1. madison

AN

RI

TH 10

RL

PE

E AV

AY W

IM

H 6T

BE

WA Y

AL

ST

A AD

GS

Burnaby

Belmont & 6th Ave 604.522.2583

B3. dominion

BURNABY LAKE REGIONAL PARK

M

D ST

IMPERIAL ST

University High Street 604.320.3386

LOUGHEED MALL

CU

OAKL AN

MAR IN

A7

DEER LAKE

DEER LAKE PARK

MARIN E WA Y

A3. lift

B2. viceroy

AD AW AY

METROTOWN

University Crescent & Highland Court 778.331.0348

AY IW

18 Begbie Street 604.523.0081

B5. elliot St

MAR IN E

E

AUSTIN AVE

A11

SE MARINE DR

DR

Lougheed Hwy

SPROTT ST

CA N

KI N

CENTRAL PARK

ITY

RD

N CA

49TH AVE

RS

A GL GA

BROADWAY

BCIT

E N IV

WA Y

BURNABY MOUNTAIN GOLF COURSE

A4

RD

GR

B1. northbank A10 A2

KE

W

SFU

CLIFF AVE

BRENTWOOD MALL

UN IVE RSITY DR

AR

SPERLING AVE

A9

A8 A5 HOLDOM AVE

WILLINGDON AVE

A1 HASTINGS ST

Barnet Hwy

NORTH RD CL

INL ET D

R

CONFEDERATION PARK

BURNABY MOUNTAIN PARK

107 - 7090 Edmonds St. 604.525.8496

A7. bloom

Sales Centre 618 Langside Ave. 604.939.8808

4570 Hastings St. 604.205.7172

A9. aviara

1710 Gilmore Avenue 604.291.9130

A10. altitude

University High Street 604.456.8883

A11. moda

4860 Bennet Street 604.439.9580

62 metro vancouver new Condo Guide february 8 - 22, 2013

Aug.17 2012

7.625”x1.625”

Ledingham McAllister

CMYK

062-Burnaby New Westminster 2011_CG.indd 62 CG Banner Ad Redesign

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burnaby/new westminster

february 8 - 22, 2013 metro vancouver new Condo Guide 63

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2/5/13 4:59:19 PM

BURNABY/NEW WESTMINSTER

URBAN, MODERN, CENTRAL.

READY TO MOVE IN

Grand Opening Week Feb 9-16, 2013

Metrotown • Highgate Village • BCIT • Skytrain • Dining • Shopping • Library • Central Location Vibe, a limited collection of one, two and three-bedroom luxury apartments in a trendy and exciting neighbourhood. The building makes a bold and contemporary statement with its innovative design, impeccable quality and upscale finishing. Be inspired by the abundance of common area amenity spaces such as the stylish, sun-filled social lounge that opens up to a large common patio and zen-like landscaped courtyard, and the massive roof top deck! Conveniently located close to SkyTrain, schools, bus, park, Highgate Village and minutes to great restaurants and Metrotown.

PRESENTATION CENTRE OPEN.

VibeBurnaby.com

1 BED from $259,900

| 2 BED from $299,900 | 3 BED from $429,900

604-970-9606

live@vibeburnaby.com 7377 14th Avenue, Burnaby, BC

February 8 - 22, 2013 Volume 21 Issue 03

inside this issue

SHOWHOME REVIEW: NATURE’S WALK IN LANGLEY

WHY INVESTING IN REAL ESTATE STILL MAKES SENSE

12 STEPS TO GETTING FINANCIALLY ORGANIZED

February 8 - 22, 2013 Volume 03 Issue 03

INSIDE THIS ISSUE

Metro Vancouver Edition

Dec. 07, 2012 - Jan 18, 2013 Volume 20 Issue 25

THE EVOLUTION OF CONDO AMENITIES

HOW IMPORTANT IS LOCATION?

Special 6 Week Issue

MAKING SENSE OF PROPERTY ASSESSMENT

Special 6 Week Issue

Metro Vancouver Edition

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SHOULD WE WORRY ABOUT A MARKET CORRECTION?

TIPS FOR BUYING A SECOND PROPERTY

JDL HOMES Vancouver: RENOVATE ONCE AND DO IT RIGHT THE FIRST TIME

YOUR BEST SOURCE OF REAL ESTATE INFORMATION TO BUY, SELL, RENT OR RENOVATE. Pick us up at over 750 convenient locations including: Safeway, IGA, Skytrain Stations, Community Centres and More.

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Dec. 07, 2012 - Jan. 18, 2013 Volume 18 Issue 25

Kirpal Realty

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• ATLANTIC CANADA • CALGARY • EDMONTON • MONTREAL • VANCOUVER • WINNIPEG 64 METRO VANCOUVER NEW CONDO GUIDE FEBRUARY 8 - 22, 2013

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burnaby/new westminster

MOVE IN TODAY

PRICED FROM $448,000 1 BRM + DEN

(853 SQFT + 210 SQFT PATIO)

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modern living crafted with traditional values In a time where everything feels mass produced and craft seems to have been forgotten, Firma revives the artisan tradition of master built homes. Boffo builds with an obsession for detail and a devotion to perfecting their work.

If you are looking for a meticulously designed, larger home in a vibrant community with history and character, please make an appointment to view our presentation centre and secure a signature home for yourself.

604.205.7127 FirmaByBoffo.ca this is not an offering for sale. such an offering can only be made by a disclosure statement. e&oe.

february 8 - 22, 2013 metro vancouver new Condo Guide 65

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Industry Insider

Q&A with Daniel Boffo

Building the Fabric of a Community // by susan m boyce

1

Riverfront Corporate Centre.

1

2 Daniel, Flavia, and Terry Boffo.

Towne Walk in Burnaby integrated higher density with an enhanced sense of community.

3

4 One of Boffo’s many industrial properties is located in the 1300 block of Venables.

5 Boffo Properties’ upcoming project at 555 Cordova will blend the Downtown Eastside¹s industrial heritage with a unique,modern architectural style.

Daniel Boffo’s smile is warm, engaging, and comes from the heart.

His preferred greeting is traditional Italian: left-right-left. And when it comes to housing in Vancouver, he’s a passionate and articulate advocate for the need to create buildings that integrate housing with the social fabric of our cities.

Daniel and his sister, Flavia, are principals of Boffo Properties, a company founded in 1963 by their father, Terry Boffo, after he emigrated from Italy. Terry still comes into the office most days, but now it’s this second generation that’s driving the family company forward in exciting, new directions. In this issue, New Condo Guide chats with Daniel Boffo about some of those new directions.

Q You’re developing a 29-unit mixed-income housing project designed by well-know architect, Gair Williamson, at 555 Cordova in Vancouver — a site that’s been sitting empty for years. What’s your vision for this development?

A The Downtown Eastside is a passionate, diverse neighbourhood with a lot of creative energy. Like all our developments, we want to build something at 555 Cordova that enhances the existing social and urban fabric of the DES, a design that’s cognizant of the area’s industrial heritage yet is unique and modern. So three things you can expect to see are lots of glazing, black metal accents, and solid materials.

The project itself will be a mix of five non-market homes and 24 market homes with what we believe will be the lowest price point in Vancouver proper. Twelve of the market units will be single-level, one-bedrooms and the remaining 12 will be two-storey homes located on the third and fourth levels and accessed via a breezeway overlooking a central courtyard.

They’ll all have their own front door, and with windows on both north and south, there’s going to be excellent crossventilation for natural air conditioning.

But we also felt it was extremely important to treat the five non-market units with exactly the same respect as the market units. So we’re not going to just stick them in the back where the people who live there aren’t able to feel like they’re part of the community. Instead, each of these units will also have its own address, its own front door onto Cordova, and will be finished with the same care and attention as the market homes.

2

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3

Q Affordability is such a hot topic these days. What kind of prices are you anticipating to offer?

A Our target for the market suites is $3.85 per sq. ft. — which is about half the average price per sq. ft. throughout Vancouver proper. It’s going to be a great opportunity for people who already live in East Vancouver and love it, but may not currently be able to afford anything more than a basement suite. We want this to be something that inspires them to be proud of their home.

Q The Cordova St. project is a partnership with Community Builders Group — a non-profit associate society who will manage the rental suites. Is this kind of collaboration at rend you’d like to see more of?

A Yes. In fact, we’re already planning a similar partnership with the Kettle Friendship Society at Venables and Commercial. It’s exciting but definitely not simple, because we’re going to try out a model where the market component will actually pay for the non-market. Ultimately, we’ll incorporate some at-grade retail plus approximately 12,000 sq. ft. of space for the Kettle. That will almost double their existing space and will allow them to build a much-needed drop-in centre.

Some people asked why we didn’t just move the Kettle, but it simply never crossed our minds. They’re such a well-respected organization and they’ve been part of The Drive neighbourhood for so long. Besides, I often joke that if we didn’t do this project right, I’d be in big trouble with my grandfather — after all, the ’hood here is still like his backyard, the place where he goes for coffee almost every day.

5

“ We want to build something at 555 Cordova that enhances the existing social and urban fabric of the DES.” Daniel Boffo Q Mixed-income housing is still somewhat controversial.

What’s the reaction been like so far?

A We had resounding support from Vancouver’s Urban Design Panel when we began the permit process, and we anticipate consumer reaction will be the same.

What we’re proposing isn’t new, but it does challenge our traditional ideas of housing here on the West Coast. If you ask a North American child to draw a home, most will probably start with a square base then put on a triangular roof, windows and a front door. Many will even add a picket fence, because a house is still considered the norm here.

On the other hand, if you go to Europe, I bet you’d find children create a totally different drawing. Here an apartment is the norm in most urban hubs, and people’s extended living room is the local coffee shop in the piazza right outside. It’s a much more inclusionary lifestyle.

Winston Churchill said, “We shape our buildings and thereafter they shape us.” I believe these two projects will become tangible examples of how, as developers, we can educate our industry and the general public about alternative housing forms.

Boffo Properties can be found online at boffoproperties.com. february 8 - 22, 2013 metro vancouver new Condo Guide 67

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burnaby/new westminster

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CONDO CULTURE

The evolution of trends in

CONDOMINIUM AMENITIES SINCE THE PROLIFERATION OF CONDO projects, amenities have greatly evolved, adapting to the changing needs of society. Amenities that were once a luxury are now considered basics. Hardwood and laminate floors, stainless steel appliances, the fitness centre, the spa, the pool, and the concierge desk are now standard features in today’s condominium complexes. Other features such as business centres, which were all the rage a few years back, have been replaced with the conference room or board room, large pools are being replaced by smaller ones with currents to swim against, or spa-like areas with hot tubs and saunas.

New condominium amenities include the yoga studio and massage room, the theatre room with the big screen and comfortable chairs, fancy party rooms, and guest suites allowing owners to make use of common amenities while saving on the square footage in their unit. More luxurious features include private wine cellars, humidors, infinity pools and screening rooms. Up and coming trends to look for are Wi-Fi connectivity, media rooms, grocery stores, art collections, rooftop sculpture gardens, and outdoor amenity decks with tennis courts, pools and pet walks.

When shopping for a condo, the most important features prospective buyers seem to be interested in are

gym facilities, 24-hour security and concierge, and visitor parking. With parking in urban areas hard to find, and costly when available, prospective condo owners like seeing more spots for guests and visitors.

While amenities are attractive and appeal to many buyers at first glance, smart buyers are aware that the more amenities a building has, the higher the condo fees will be.

This is especially the case with pools and security, as those features add to the expenses.

So as new condos continue to emerge with newer and state-of-theart amenities, keep in mind the features that always help with resale or add value to a property are a modern and updated lobby and security, especially among single females who are an important segment into today’s real estate market. Rooftop patios with a view for use during the warmer months are also coveted.

More information and advice is available from a real estate agent or online at royallepage.ca. NC

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YOUNG RD

GRAND STREET

CE DAR STRE ET

WREN STREET

A b b o t s f o r d | M i s s i o n | C h i l l i w ac k

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1ST AVE 2ND AVE 3RD AVE 4TH AVE CHEAM AVE 5TH AVE

AVE

MA SW AY

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SOUTH FRASE R WAY

MC

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B ROADWAY ST RD

LUCKAKUCK WAY

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COTTONWOOD MALL

MCCALLUM RD

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KING RD

ABBOTSFORD INTERNATIONAL AIRPORT

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FRASER CRESENT

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OLD YALE

CLEARBROOK PARK

CHARLES ST ROAD SLAVE LAKE

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HUNTINGDON RD

Abbotsford

Abbotsford A1. B rooklyn

Maclure Rd. & Gladwin Rd. 604.746.3496

HIGGINSON RD

A2. waterleaf

STEVENSON RD

Old Yale & Whatcom Rd. 604.850.3694

S SUMAS RD

VE DDER RD

WATSON RD

WEBSTE R RD

KEITH WILSON RD

C h i l l i w ac k

PROMONTORY RD

THOMAS RD

WATSON GLEN PARK

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abbotsford/mission/chilliwack

Invest in the future.

Invest in real estate today.

ThinkAbbotsford.com

New Condos From $129,900! #ThinkAbbotsford @QPGroup

www.quantumproperties.ca

QuantumProperties

2200 West Railway Street || Abbotsford, BC V2S 2E2 || 604.854.1201 Marketed by Quantum Realty Inc. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. E. & O. E.

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condo profile

lift

Love Life. Live Lift. // by Susan M Boyce

“ People want to live here.”

Bill Morrison

And now that the bridge has made it possible to get from Abbotsford to New Westminster in 35 minutes or to Vancouver in under an hour, he predicts even more people are about to decide Abbotsford is a great investment in their future.

“Historically, whenever you see improved or new transportation infrastructure come to a neighbourhood, property values go up within a few years. So whether you’re looking for a place to live yourself, or you’re looking for a long-term investment, Abbotsford works.”

Turn Up the Heat

w

ant to sum up Lift in Abbotsford? “Easy: extreme affordability,” says Bill Morrison, partner at Pilothouse Real Estate.

He’s not kidding either. “For example, we have studio and den homes starting from $98,600. I just went through every resale listing in the area, and I couldn’t find a similar suite that cost less than $139,000 — that’s $40,000 more and you’re not getting a brand new suite. At Lift, every home is priced between $98,600 and $259,900.

Even our most expensive home — a 940-sq.-ft., two-bedroom and den penthouse — is only $259,900.

And make no mistake, when you’re talking about Lift it’s time to banish the word “compromise” from your vocabulary.

“We have absolutely everything you’d expect — granite countertops, stainless steel appliances, laminate flooring, and even washer/dryer,” Bill explains.

Hidden Value

“Even before the new Port Mann Bridge opened, over 170,000 people lived in the Abbotsford area,” Bill says. “People want to live here.

There’s shopping, good schools at all levels, an international airport, the hospital — everything you need and some great outdoor recreation too.”

Want more incentives? Lift’s got them, and Bill’s delighted to talk about them.

“First of all, because the developer is selffinanced, you can purchase a new home here with just 10 per cent down — not the 15 or 20 per cent most developers require. In other words, you can own a home here for less than $10,000 down.”

But he’s saved the very best news for last. “On February 16th we’re celebrating the start of sales with a special, by appointment only Selection Day Event. For that day only, the developer will buy down the mortgage payment on each and every suite by $250 per month for a full two years.”

Translation: on February 16th, with just $10,000 down, Lift makes it possible to own a studio with den for approximately $190 per month for the first two years. Sweet!

Lift’s presentation centre is located at 2816 Clearbrook Rd. in Abbotsford. For more information and to book your exclusive appointment for the Selection Day Event, visit liftcondos.com or call 604.557.1047.

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y 16 Da b y s Fe Onl le ay ment Sa urd point t Ap Sa By Don’t Miss Out! Call for your appointment TODAY!

Illustration is representational only and should not be relied upon.

Prices correct at press time and are subject to change without notice. This is not an offering for sale. E. & O.E. Apply.

077-Lift 02-08-13.indd 1

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RO SS RD

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A1. Local on Lonsdale

A5. orizon

A2. remix

A6. 15 west

W 17th Street and Lonsdale 604.998.0219

LOGGERS LN

QU E E NS WAY

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RD

ST

rton

Dolla

Hwy

North Shore

CENTENNIAL WAY

RAVEN DR

#103 - 735 West 15th St 604.924.4488

FINCH DR

onsdale & Third Ave L 604.638.6240

5th just off Lonsdale 1 604.980.9949

A3. the prescott

ROBIN DR

13th & Lonsdale 604.969.3333

99

MAGEE ST

N LY

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North Shore

A4. capstone 135 W2nd St. 604.929.8870 CH E

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NORTH SHORE/SQUAMISH/WHISTLER

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Its hillside location, at East 3rd and St. Georges is the perfect homebase – the SeaBus, the Quay, the cafes and shops of Lower Lonsdale are all just a short walk away, and all three local mountains a mere 20-minute drive.

CH

ES

Orizon’s expansive interiors, and enhanced outdoor living features, like oversized patios, green space and a private Rooftop Vista Lounge, are inspired by and blend seamlessly with the natural surroundings.

You can own the best of west coast modern with only 5% down*!

1 bedrooms from $304,900 $299,900 2 bedrooms from $384,900 3 bedrooms from $599,900

*Limited time offer. Terms and conditions apply. Please see sales team for details. All prices, promotions and incentives are subject to change and can be withdrawn at any time. Pictures, drawings and digital renderings are for illustrative purposes only and should not be relied upon. The developer reserves the right to make modifications to the building design, features and floorplans. E.&O.E.

Intracorp Third Street Limited Partnership Sales and Marketing by Intracorp Realty Ltd.

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MAKE YOUR MOVE

// BY DAN HOPKINS

PACKING UP for a move

MOVING HOMES CAN FEEL LIKE an overwhelming task. But with a few deep breaths and these packing tips, you can conquer the move without losing your mind.

BEFORE PACKING You want to reserve your movers or moving company at least eight weeks prior to your move during busy periods. Once you have your movers selected, you can start to pack up your belongings in anticipation of their arrival. Some moving companies will even pack for you, simplifying and streamlining the moving process.

START PACKING Once you have determined your moving date, start packing. Box up belongings that you don’t use often and store them somewhere out of the way. If you have kitchen supplies, occasional dishware like fine china,

or small appliances that go unused on a daily basis, carefully pack them away a few weeks before the move. Make sure to use packing paper or bubble wrap to protect fragile belongings – newsprint from newspapers used to wrap items can be messy to clean up. Keep a record of what goes into which box.

KEEP PACKING If you stand back and look at everything

you need to pack, you’ll be overwhelmed. Just start packing. If you start early enough, you can break up the packing process into a more gradual and less stressful experience.

Save the items that you use daily to pack last and make sure to label each box.

Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca

CONSTRUCTION UNDERWAY! 60 apartment homes sit high above a vibrant social hub.

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081-15 West 01-25-13.indd 81 *Prices subject to change without notice. E.&O.E.

1525 Lonsdale Ave, North Vancouver

New Presentation Centre Now Open Open daily 12-5pm (Except Fridays)

Prices starting from $339,900.

t: 604.980.9949

WWW.15west.ca

Rising up above the neighbourhood and offering stunning views in all directions, 15 West is North Vancouver’s most distinguished new home collection. 15 West continues to offer the unmatched combination of beautiful views and finishing in a quiet and convenient location just West of Lonsdale. Discovery begins today at 15 West.

a new benchmark

Stunning views starting on the 2nd floor. Artist’s conceptual rendering.

Gr Pr an es d en at re- tat 15 oP ion 25 en C Lo in en ns G o tr da n e Le n o . w

NORTH SHORE/SQUAMISH/WHISTLER

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CONDO SENSE

// BY CAMERON MCNEILL

ASSESSING YOUR ASSESSMENT

W

Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Cameron also co-founded TAC Real Estate, a resale firm, and MPC Intelligence, a real estate market-research firm. Together with his experienced and dedicated team of sales, marketing and administration professionals, he has transacted more than 14,000 new homes and $5 billion in sales. Email him at cm@macmarketingsolutions.com or follow him on Twitter @mac_marketing

A largely misunderstood assumption is that if your property value has gone up, so will your taxes. In fact, the assessed value is just that – an assessed value. What actually determines your annual property taxes is the tax rate (or mill rate) which the tax authority sets (i.e., a city/municipality).

hether you are already a homeowner, or looking to purchase your first home, understanding how your property is assessed and taxed is an important aspect of home ownership. Anyone who owns a home or investment property in B.C. will pay annual property taxes and, despite how important it is to understand the process of property taxation, there are many misnomers about it. I’ll help make this simple to understand.

The process starts with an independent Crown corporation called BC Assessment, who actually has nothing to do with the taxation of your property – they simply give it a value. Each year on July 1st, they complete the valuation of nearly two million properties around the entire province, totaling more than a $1 trillion of real estate! They determine the fair value of your property based on several factors such as size, age, shape, quality, condition, location, views, and current comparable sales. Six months later, they mail notices with a valuation to every property owner/homeowner, which are received in early January. Whether the assessed value has gone up or down from previous years, it often sparks a lot of conversation. On one hand, it’s great to see our investments grow in value; on the other hand, many feel that higher values also mean higher taxes; not necessarily.

A largely misunderstood assumption is that if your property value has gone up, so will your taxes. In fact, the assessed value is just that – an assessed value.

What actually determines your annual property taxes is the tax rate (or mill rate) which the tax authority sets (i.e., a city/municipality). A tax rate usually

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changes from year to year, and is entirely based on a city’s planned budget to pay for planned public services like maintaining infrastructure. You can now find the 2012 tax rates on most municipalities’ websites. In the case of the City of Vancouver, the tax rate has actually dropped for the past two years (vancouver.ca/home-property-development/residential.aspx).

In the spring you will receive your tax notice from your city/municipality.

Here are a few helpful hints: » Many financial institutions can help you manage paying your taxes by integrating a monthly payment with your mortgage. This prevents the need to pay property taxes in one lump sum. » You may quality for the Home Owner Grant, a provincial program that helps reduce the amount of residential property tax you pay. You can apply for the basic grant each year, as well as additional grants depending on your circumstances (sbr.gov.bc.ca/individuals/Property_Taxes/Home_Owner_ Grant/about.htm). » If you are buying a presale condo or home, speak to your Realtor or the sales representative about estimating the annual property taxes at the time of purchase. Although the actual assessment and annual taxes will not be

determined (or payable) until after your condo completes, it is good to start budgeting. If you are the new owner of a previously owned home, you or your Realtor should contact the property tax office to find out if there are any outstanding taxes on your property. » If you are still questioning your property value, you can find more information and use an on-line comparative tool to demonstrate how your property and others in your neighbourhood were assessed at bcassessment.ca. If you still don’t agree with your assessment, there is an appeals process, and more information is also available on the BC Assessment website.

FEBRUARY 8 - 22, 2013 METRO VANCOUVER NEW CONDO GUIDE 83

082-083 Column Cameron McNeil-JD.indd 83

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VI

OR CT

IA

DR

CEDAR DR

VICTORIA DR

DOMINION AVE

224TH ST

DEWDNEY TRUNK RD

Lo

ug

he

ed

210TH ST

DEWDNEY TRUNK RD

Hw

216TH ST

y M EADOW GARDENS

124TH AVE

232RD ST

DEWDNEY TRUNK RD

1 240TH ST

PITT M EADOWS

S BONSON RD

207TH ST

AIRPORT

R IVE

R RD 116TH

248TH ST

2 3

228TH ST

224TH ST

DEWDNEY TRUNK RD

HAMMOND RD

227TH ST

123RD AVE 203RD ST

FORD RD

HARRIS RD

GOLF COURSE

HARRIS RD

AVE

D E R BY R EACH R E G I O N A L PA R K

A KA KAN

WAY

110TH AVE 108TH AVE GOLDEN EARS BRIDGE

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JAC KS O

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ghe

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240TH ST

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Pitt Meadows | Maple Ridge

102TH AVE

MAPLE RIDGE 1. falcon centre 11862 226th Street 604.477.1500

2. edge on edge 12075 Edge Street 604.466.8783

3. parc vue

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84 metro vancouver new Condo Guide february 8 - 22, 2013

084-Pitt Meadows Maple Ridge 2011.indd 84

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Pitt Meadows/Maple Ridge

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february 8 - 22, 2013 metro vancouver new Condo Guide 85

085-Maclean-Edge on Edge 01-11-13.indd 85

2/5/13 6:44:33 PM

Four days of new products, professional advice, great deals and inspiration for your home & garden, from over 425 retailers & industry experts. Satisfaction guaranteed — or the price of admission is on us.

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2/5/13 6:44:36 PM

Pitt Meadows/Maple Ridge

Tours of the building now available! incl. tax

call for details

february 8 - 22, 2013 metro vancouver new Condo Guide 87

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Hot toPic

Location, location,

LocAtion! // BY KArA KurYLLowicz

conSider Your current needS and

look at least five to 10 years into the future when determining a condo location that best suits your family and lifestyle.

“Location is about far more than resale value,” says Eleanor Hughes of Canada Mortgage and Housing Corp. (CMHC). “Location is intrinsically linked to everything from the size of the suite and its features, to the local amenities.

You must figure out what you need

and want [in order] to accurately identify the location that is right for you and your family as you grow and change.”

The size of your home, features and amenities affect the price, but location has the most-profound impact, points out B.C.-based Realtor and past president of the Canadian Real Estate Association (CREA), Georges Pahud.

“The land is the most significant cost component and the value attached to that piece of land is most affected by its location.”

To determine the location that best suits you, take an honest look at your needs, then consider features, amenities and, as importantly, lifestyle.

88 metro vAncouver new condo Guide february 8 - 22, 2013

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The current and expected size of your family will help determine the size and layout of the common spaces and the number of bedrooms required. Do you have children, or are you planning to? Do friends and family frequently visit from out of town? Do you need a room dedicated to a home office, gym or home theatre? Most families want at least one full bath plus a powder room to expedite their morning and nighttime routines and in some cases, the toilet/sink and shower/tub areas are partitioned to facilitate simultaneous use by family members.

Size

Amenities Whatever your age and stage in life, the distance you travel to work, shop and socialize is a key consideration.

If you have children, the proximity to daycare and schools is vital. Do you want to walk, take public transit or drive?

What is your maximum round-trip commute? Living outside of the city may yield more space, but is the longer transit time worth it? Added costs to consider include public transit fares and, if you already own a vehicle, insurance, fuel, maintenance, repair, parking and the additional mileage and wear and tear as a result of the longer commute.

Will a significant change in location mean that you and your family will need to make new friends? What about shopping and socializing at the mall, playing soccer, hearing great music or going to the park?

Features Is a gourmet kitchen with high-end appliances important to you? Do you want a fireplace? Floor-to-ceiling windows? Hardwood floors? A workshop, hobby room, herb garden?

Does the condo offer security features?

Will you be comfortable walking to the bus stop, or going for a run before dawn breaks or after the sun sets?

Your list of wants and needs will determine your location, but your financial situation also plays a role.

CMHC suggests that monthly housing costs (mortgage and interest payments, utilities, property tax, insurance, condo fees, etc.) should not exceed 32 per cent of the household’s gross income. Your entire monthly debt load (car loans, lines of credit, etc.) should not exceed 40 per cent of the family’s gross monthly income.

“Pre-qualify for a mortgage to precisely determine your housing budget,” Pahud says. “There are infinite options and trade-offs. Sacrificing the high-end finishes may get you the extra square footage. Give up a little square footage and you may get closer to the nearest transit stop.”

Once you have a budget, you’ll know whether you can

Peace of mind

“ Location is intrinsically linked to everything from the size of the suite and its features, to the local amenities.

You must figure out what you need and want [in order] to accurately identify the location that is right for you and your family as you grow and change.” comfortably afford to fulfill your wish list. In real estate, as in life, you don’t always get what you want and chances are, many (if not most) homebuyers will have to compromise around features, amenities and locations.

Central locations typically offer less space but proximity to amenities, while suburban areas may present similar amenities although at some distance.

“A select few can afford a small downtown loft or condo as well as the suburban or rural home, but most of us have to set priorities and make choices,” says Pahud. “If the amenities and lifestyle offered by a certain location are critical, compromise on size and esthetics.” february 8 - 22, 2013 metro vancouver new Condo Guide 89

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homebuyers’ help

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

example: 5%

25 years

5.82

125 (mortgage amount $125,000)

$

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse.

02 Divide by three. This figure is the monthly payment you can afford to make on your condo.

03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment.

This is the money you will have to borrow.

04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

05 Multiply this figure by the amount you need to borrow.

Divide by 1,000.

06 Add to this your estimated monthly heating costs and monthly property taxes.

07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.

Bear in mind that this is a rough estimate.

If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

90 metro vancouver new Condo Guide february 8 - 22, 2013

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Mortgage payment calculation chart

%

amortization periods

Interest Rates

10 years

15 years

20 years

25 years

3.00%

9.65

6.90

5.54

4.73

3.25%

9.76

7.02

5.66

4.86

3.50%

9.88

7.14

5.79

4.99

3.75%

9.99

7.26

5.91

5.13

4.00%

10.11

7.38

6.04

5.26

4.25%

10.23

7.50

6.17

5.40

4.50%

10.34

7.63

6.30

5.53

4.75%

10.46

7.75

6.44

5.67

5.00%

10.58

7.88

6.57

5.82

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.75%

10.94

8.27

6.98

6.25

6.00%

11.07

8.40

7.12

6.40

6.25%

11.19

8.53

7.26

6.55

6.50%

11.31

8.66

7.41

6.70

6.75%

11.43

8.80

7.55

6.85

7.00%

11.56

8.93

7.69

7.00

7.25%

11.68

9.07

7.84

7.16

7.50%

11.81

9.21

7.99

7.32

7.75%

11.94

9.34

8.14

7.47

8.00%

12.06

9.48

8.28

7.63

8.25%

12.19

9.62

8.44

7.79

8.50%

12.32

9.76

8.59

7.95

8.75%

12.45

9.90

8.74

8.12

9.00%

12.58

10.05

8.86

8.28

9.25%

12.71

10.19

9.05

8.45

9.50%

12.84

10.33

9.20

8.62

9.75%

12.97

10.48

9.36

8.78

10.00%

13.10

10.63

9.52

8.95

10.25%

13.24

10.77

9.68

9.12

10.50%

13.37

10.92

9.84

9.29

10.75%

13.50

11.06

10.00

9.46

11.00%

13.64

11.22

10.16

9.63

11.25%

13.77

11.36

10.32

9.80

11.50%

13.91

11.52

10.49

9.97

11.75%

14.04

11.66

10.65

10.15

12.00%

14.18

11.82

10.81

10.32

12.25%

14.32

11.97

10.98

10.49

12.50%

14.46

12.13

11.15

10.67

12.75%

14.59

12.28

11.31

10.85

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 february 8 - 22, 2013 metro vancouver new Condo Guide 91

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BRITISH COLUMBIA’S

neW condo deVeLoPMentS Proj ect

tYPe

c o n ta c t

Price

Proj ect

LR LR LR HR LR

604.854.1201 604.746.3496 604.557.1047 604.746.1551 604.850.3694

Call From $169,900 From $98,600 Call From $179,900

604.453.5893 604.456.8883 604.291.9130 604.299.3443 778.331.0348 604.288.7394 604.320.3386 liveatburnabyheights.com 604.435.9477 604.435.9477 604.435.8866 604.871.4256 liveatburnabyheights.com 604.889.7008 604.431.6033 604.320.3386 604.437.0100 604.294.4995 604.525.8496 604.435.8866 604.298.8800 604.218.3338 604.294.3339 veniceliving.ca 604.970.9606

Call From Mid $200’s From $352,800 Call From $209,900 Coming Soon Call Coming Soon Call From $439,900 From $495,900 From $330,900 Coming Soon From $293,900 Call From $449,900 From $239,900 Call Call From Low $300’s From $249,900 From $249,900 Call Coming Soon From $259,900

aBBotSFord

Abacus Uptown Brooklyn Lift Mahogany at Mill Lake Waterleaf BUrnaBY

Affinity Altitude Aviara Firma Highland House Kabana Lift Madison Metro One Metro Two Metroplace Moda Montage North Parc OakTerra Origin Panacasa Perspectives Reflections Silver Solo District Trio Vantage Venice Vibe

HR HR HR LR MR LR LR/TH LR LR LR HR HR LR LR LR LR LR/TH HR HR HR HR LR HR LR LR

cHiLLiWacK / SardiS

Ameera Garrison Crossing La Cason

LR SF/LR/TH LR

1.888.419.7425 604.824.5062 1.800.830.7175

From $125,900 Call From $184,900

HR HR LR/TH MR HR LR

604.472.1123 604.931.0302 604.939.8808 604.472.0009 604.552.7744 604.936.2012

Call From Low $200’s From $249,900 Call Coming Soon From $339,900 incl. all tax

Emerson Evergreen Grand Central 1 Grand Central 2 Hazel MTwo MThree Maya Mackin Park Oasis Tamarack Thomas House

tYPe

c o n ta c t

Price

LR HR HR HR LR HR HR LR LR HR LR LR

604.936.9300 604.942.2672 604.618.8980 604.936.1888 778.829.1500 604-472-9555 604.472.9555 604.288.9888 604.939.8874 604.464.2701 604.552.3003 604.552.1113

Call From $267,900 From $419,900 From $309,900 From $220,500 incl. HST Call Call From Mid $200’s From $199,900 Call From $279,900 From $349,900

LR

604.940.5533

From $324,900

LR LR LR

778.565.3879 778.565.3879 604.590.8003

Call From $189,900 From $199,900

LR LR LR LR TH/LR LR LR LR LR LR

604.882.8857 604.530.7011 604.534.6000 604.533.7718 604.568.3385 604.510.6500 604.635.0643 604.514.1530 604.539.2200 yorksoncreek.com

From $137,500 From $194,900 From $188,900 From $159,900 net HST incl.

Coming Soon Call Call From $224,900 From $149,900 From $179,900

LR LR LR LR LR

604.463.0588 edgeonedge.com 604.477.1500 604.467.8884 604.506.5840

From $139,900 Coming Soon Call Coming Soon Call

HR LR HR HR LR

604.377.9630 604.694.1188 604.523.0733 ledmac.com/dominion 604.520.9890

Call Coming Soon Call From $299,900 From $218,900 new HST incl.

Ladner

Canu nortH deLta

Atria Atria Luxor LanGLeY

Athenry Gate Bearing Pointe Cornerstone Elements Focus Murray’s Walk Serenade Suede Varsity Yorkson Creek MaPLe ridGe

223 North Edge on Edge Falcon Centre Parc Vue Urban Green

coQUitLaM

1123 Westwood Austin Bloom Cascade Celadon Easton

Penthouse (PH)

Real Estate Sales & Marketing From the ground up

Live Work (LW)

city Home (cH)

neW WeStMinSter

258 on Sixth Brewery District Carlyle at Victoria Hill Dominion Duo at Port Royal High rise (Hr)

Mid rise (Mr)

Low rise (Lr)

Loft (Lo)

Representing the best in New Home Sales across the Lower Mainland from Townhomes to Condos.

Homes starting in the $150’s

FIFTHAVE.CA 92 metro vancouver new condo Guide february 8 - 22, 2013

092-093-094-CG Listings Pages 2013.indd 92

2/5/13 5:14:43 PM

HST

ST incl.

ST incl.

The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email homes@wall2wallmedia.com P r o j e c t T Y P E

Elliot St Grove, The Marinus @ Plaza 88 Northbank Parkside Red Boat at Port Royal Regatta at Port Royal Shift Viceroy

HR LR HR HR HR DP LR LR LR

c o n ta c t

PricE

P r o j e c t T Y P E

604.524.8080 604.523.0733 604.519.9188 604.523.0081 604.523.0733 604.520.9890 604.520.9890 778.397.2283 604.522.2583

From $224,900 Call Call From $261,900 Call From $457,900 From $390,900 From Low $200’s From $321,900

15 West HR 604.980.9949 221 East 3rd LR 700 Marine Drive LR/LW 604.984.0700 Atrium at the Pier MR/TH 604.983.9065 Capstone MR 604.929.8870 Destiny 2 at Raven Woods LR 604.929.1915 Drive, The LR 604.986.8138 Gateway on Marine LR 604.889.4551 Kimpton, The LR 604.988.3020 Landing, The MR 604.983.9065 Local on Lonsdale hr/LR/th 604.998.0219 Maplewood North LR 604.727.1594 Orizon LR 604.638.6240 Pinnacle Residences at the Pier MR 604.983.9065 Prescott, The HR 604.969.3333 Remix LR 604.924.8885 Versatile Building, The LR 604.924.5595

Call Coming Soon From $299,000 Call From $324,900 From $289,900 Call Call From $359,900 Call From $309,900 From $378,900 From $299,900 Call From Mid $200’s Call From Low $300’s

NORTH VANCOUVER

PITT MEADOWS

Cedar Downs Solaris at Meadows Gate Liv42

LR HR LR

PORT COQUITLAM Avanti LR Burleigh Walk LR Carmandy LR Residences on Shaughnessy, The LR Shaughnessy, The HR South Verde LR Valorie on the Park LR

Call Call From $134,900

604.468.2707 604.464.5856 604.435.9477 604.468.0010 604.468.8252 604.468.8252 604.464.4764

Call From low $199,900 From $209,900 From $199,900 Call Call From $175,000

PORT MOODY

Residences, The

HR

604.552.0552 Penthouse (PH)

Alexandra Gate Altis Bravo Camber Carrera Centro Concord Gardens Emerald Gardens, The Mandarin Mayfair Place Monet Nova Omega Opal at Richmond Centre Ora Parc Riviera Pier, The Remy Riva River Park Place Quintet River Green River Inlet Saffron Southpointe Cove

LR LR HR LR/HR MR HR/TH HR HR/TH LR MR LR HR HR LR HR HR LR/TH LR LR LR HR HR MR/TH MR/TH LR LR

Call Live Work (LW)

City Home (CH)

PricE

604.274.7326 604-231-0588 778-297-6222 604.276.0677 604-871-4123 604.270.8305 604.233.7748 604.244.8333 604.271.3331 604.233.1687 604.278.5809 604.233.7748 604.278.8883 604.233.7748 604.303.7575 604.278.8838 604.231.5900 604.274.7326 604.279.8866 604.278.8838 riverparkplaceliving.ca 604.247.8885 604.233.2633 604.233.2633 604.270.2482 604.821.1333

Call From $298,800 From $298,800 Call Coming Soon From $389,900 From $236,800 From $288,000 From $239,800 From $299,900 From $324,900 From $288,900 From $299,900 From $279,900 From $464,900 Call From the $200’s Call From $211,900 Call From $299,900 Call Call Call Call Call

1.888.385.3295

From $199,900

TH/LR TH LR

1.877.344.5566 604.898.2232 1.888.852.7575

From $239,000 Coming Soon Call

HR LR LR LR LR HR LR LR LR

3civicplaza.ca 604.596.2202 778.565.3879 tiensher.com 604.395.3080 604.580.4199 778.395.1886 778.395.7704 604.760.6500

coming soon From $170’s Call Coming Soon From $169,900 From $186,900 From $118,800 Call From $179,900

SUNSHINE COAST

Viewpoint Residences

778.846.3200 604.460.8998 604.460.6601

c o n ta c t

RICHMOND

LR

SQUAMISH / WHISTLER

Aqua Elaho University Heights SURREY

3 Civic Plaza Ascend Atria Balance Brookland, The Citypoint Connect Edge Emerald Heights High Rise (HR)

Mid Rise (MR)

Low Rise (LR)

Loft (LO)

february 8 - 22, 2013 metro vancouver new Condo Guide 93

092-093-094-CG Listings Pages 2013.indd 93

2/5/13 5:14:43 PM

P r o j e c t T Y P E

c o n ta c t

PricE

Ethical Gardens LR 604.584.1172 G3 Residences LR 604.453.6688 Latis LR 604.575.0669 Latitude LR 604.596.5075 Lumina LR 604.760.7672 Monterosso LR 604.596.8828 Parc Avenue HR 604.233.7748 Park Central LR 604.817.5852 Park Place HR 604.583.9866 Quattro LR 604.581.8000 Ultra at West Village TH/HR 604.588.6999 Verve LR 604.588.3783 Wave, The HR 604.951.9283 CLOVERDALE Latis LR 604.575.0669 Salix LR 604.530.0054 Waterstone LR 604.530.5399

P r o j e c t T Y P E

From $235,900 Call From $194,900 From $264,900 From $249,900 incl. Net HST From $249,900 Coming Soon From $289,900 From $182,900 From $199,900 From $186,900 From $160’s Call

From $194,900 From $229,900 From $219,900

VANCOUVER & AREA DOWNTOWN

999 Seymour Alexandra Central Erickson Fairmont Pacific Rim Estates Jameson House Keefer Keefer Block Laguna Living Shangri.La Maddox Mark, The Modern One Pacific Ritz, The Rolston, The Sapphire, The Three Harbour Green

MR HR HR HR HR HR LR LR HR HR HR HR HR HR HR HR HR TH/HR

604.879.9996 604.899.8800 604.687.4353 604.899.8880 604.781.4303 604.339.0707 604.408.2580 604.682.8813 604.682.5300 604.605.8833 604-669-8200 604.687.4353 amacon.com 604.899.8800 604.876.9222 604.688.8927 604.876.9222 604.683.3388

Call From $839,900 Call From $2,499,000 Call Call From $1,600,900 From $249,900 From $900,000 Call $389,900 Call From $300’s Coming Soon From $829,900 Call From $699,900 Call

EAST SIDE

2nd & Commercial Alba Block One Bohème Charm Cedar 54 Evan Local Main Street Majestic On Main Sesame Shine

LR 604.800.8862 LR 604.251.2522 HR 604.682.8801 LR 604.569.3388 LR 604.330.8838 LR 604.325.0192 MR 604.872.0331 LR 604.688.5527 LR 604.877.1116 LR 604.638.9222 LR 604.253.8888 MR Penthouse (PH)

From $269,900 From $327,000 Call From $227,900 From $266,900 Call From $269,900 From $349,900 Coming Soon From $339,900 From $259,900 Coming Soon Live Work (LW)

City Home (CH)

c o n ta c t

PricE

Skyway HR 604.436.1100 Call Uptown LR 604.899.8800 From $276,800 Wall Centre Central Park HR 604.874.9232 From $349,000 WEST SIDE 700 West 8th HR 604.714.2213 From $819,900 5555 Dunbar LR 604.568.7551 Call 6 & Fir HR 604.899.8858 From $449,900 Academy HR 604.228.8895 From $498,000 Bayswater LR 604.739.8880 Call Cambie & 7th HR/TH 604.568.5060 Call Collection 45 LR 604.569.1555 Call Elizabeth LR 604.877.1722 Call Exchange LR 604.716.0483 Call James MR 604.675.1000 From $424,900 Kits360 LR 604.737.0360 From $299,900 Lido HR 604.872.2672 From $458,900 Maynards Block, The LR 604.893.8378 From $262,900 MC2 HR 604.638.9998 From $259,000 Meccanica HR 604.876.8819 From $324,900 Opsal HR 604.876.7332 Call Pinnacle Living Broadway MR 604.739.2080 From $429,900 Pinnacle Living False Creek MR 604.874.8368 From $369,900 Prelude MR 604.616.7008 Call Radius

ledmac.com/radius Coming Soon Riley, The LR 604.616.7008 From $384,000 Sail LR 604.221.8878 Call Sixth and Willow sixthandwillow.com Coming Soon Sydney HR 604.733.6688 From $469,900 The Village on False Creek HR 604.733.2010 Call Westerly, The LR 604.558.3399 From $300,000’s Yu MR 604.827.3488 From $452,400 tsawwassen

Solei Terrace Tsawwassen Springs

LR SF/LR

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Call Call

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Call From $490,000

604.531.6659 604.531.9030 604.535.9655 604.908.2352 604.536.1663 604.535.1451 778.545.8737 604.542.8700 604.582.1336 604-538-8028 604.538.3237

Coming Soon From $339,900 From $229,900 Coming Soon Call From $259,000 Call From $637,900 From $279,900 From $339,000 Call

WEST VANCOUVER

Evelyn Galleries on the Bay

LR LR

WHITE ROCK / SOUTH SURREY

Adagio Avra Edgewater Europa Gemini Headwaters Heights, The Miramar Morgan Crossing Royce Sausalito High Rise (HR)

Mid Rise (MR)

LR HR LR LR LR LR LR HR LR LR LR Low Rise (LR)

Loft (LO)

New homes available throughout

www.macmarketingsolutions.com Metro Vancouver & Calgary We sell the homes you want to buy. /MacMarketingSolutions

@MAC_Marketing

/MACMSTube

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