BC New Condo Guide - June 28, 2013

Jun 28 - Jul 12, 2013 Volume 03 Issue 13

LIVE IN THE TALLEST TOWER IN BURNABY THE WAIT IS OVER – DON’T MISS OUT AGAIN

inside this issue

Home staging can get you top dollar

Gen Y struggles to save

Canadian Home Prices Are Not Highly Overvalued

105 AVE

156 ST

154 ST

152 ST

104 AVE

100 AVE

JUN 28 - JUL 12, 2013 METRO VANCOUVER NEW CONDO GUIDE 3

BLISSFULLY PRIVATE PATIO HOMES BRING INDOOR LIVING OUTDOORS

SELECT YOUR HOME AND RECEIVE ORIZON’S ‘PERFECT PATIO’ PACKAGE* OFFER EXTENDED UNTIL JULY 31ST Orizon’s enhanced outdoor living is unsurpassed.

Whether it’s oversized private patios that blend seamlessly with natural surroundings, or balconies with unbeatable views that extend living rooms outward – there’s plenty of room to entertain or simply relax in your North Shore home.

Until July 31st, receive a ‘Perfect Patio’ Package* with the purchase of any new home at Orizon. Visit our sales centre for more details.

1 beds start from $299,900 1 + dens start from $309,900 2 beds start from $359,900

SALES CENTRE 21 LONSDALE AVE, NORTH VANCOUVER Open noon-5pm daily except fridays

604.638.6240 ORIZONonTHIRD.com *Limited time offer until July 31st. Terms and conditions apply. ‘Perfect Patio’ Package valued at $5,000. 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All prices, promotions and incentives are subject to change and can be withdrawn at any time.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.

4 metro vancouver new Condo Guide jun 28 - jul 12, 2013

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

JUN 28 - JUL 12, 2013 METRO VANCOUVER NEW CONDO GUIDE 5

LIVE IN PERFECT BALANCE

6 METRO VANCOUVER NEW CONDO GUIDE JUN 28 - JUL 12, 2013

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 7

table of contents

June 28 – July 12, 2013 volume 3 issue 13

16

SOLO DISTRICT ALTUS TOWER Living local reaches new heights

columns, news & features THE TRI-CITIES BEST VALUE: MOVE IN TODAY

SHA UGH

NES SY ST

OWN FROM

$8O7

/MONTH

*

PORT COQUITLAM

* AT THE SHAUGHNESSY: PORT COQUITLAM

ONNI.COM YOUR NEW HOME AWAITS

special pull-out insert

onni

The Tri-Cities Best Value

56 012 Editor’s note Columns

018 condo sense Taking cues from builders: home staging can get you top dollar by cameron mcneill

042 Design Tips Personalize your space with art

by Lisa Canning

064 MONEY MATTERS 12 steps to getting financially organized

by Gail Vaz-OXLADE

in the news

features

036 B MO ECONOMICS Canadian home prices not highly overvalued

056 INdustry INsider Gen Y and Home Buying: Q&A with Michael Ferreira

048 TD CANADA TRUST STUDY Gen Y struggles to save 064 Launch Trump International Hotel and Tower Vancouver

by Susan M BOyce

Homebuyers’ Help

068 Condo Watch Condominium homes to keep your eye on 074 Homebuyers’ resource section 076 l isting directory

Vice-President, Wall2Wall Media

Jacqueline Hill Editor-In-Chief, National Real Estate

Susan Legge

52

Director of Sales, Western Canada

Josh Heppner

condo profileS

Art Director

Sarah Jang Editor

Diane Duflot Contributing Editors

Sara Duck Wayne Karl Elisa Krovblit Lydia McNutt (on leave)

52

Wall Centre Central PArk

Design Editor

A perfect union of urban and natural

Yanic Simard

by Diane Duflot

Account Executives

Dave Bird 604.319.7102 Brenda Everitt 604.319.7103

54

Sales Coordinator

Trio

Right place, right time, right price

Justin Salvador Ranee Pal (on leave)

by susan m boyce

54

58

58

Production Manager

Bala Gnanapandithan Production Co-ordinator

Laura Northmore

the rolston

Original lives here

Graphic Designer

by susan m boyce

Caroline Wassef National Account Manager, Mediative

Paul Slizys Published By

Wall2Wall Media is a Trademark of Yellow Pages Group Co. in Canada.

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

014 Burnaby

050 Vancouver

022 Surrey/Langley

060 R ichmond

Call 604.519.6080 for a足 dvertising 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.

032 South Surrey/ White Rock

066 Maple Ridge/ Pitt Meadows

The views and data expressed by columnists do not necessarily represent those of the publication.

038 North Shore

070 Abbotsford/ Chilliwack

Advertising

MAPS

044 Tri-Cities

built-in entertainment niche included outdoor space

spacious and furnishable living and dining areas

the famous cresseyKitchentM

plenty of space for your storage needs

extra wide and inviting entrance

sales centre

enter on continental

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 11

EDITOR’S NOTE

STABLE HOME PRICES AND LOW INTEREST RATES mean now is the time to buy

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

You may have noticed there’s a new addition to our editorial team in this issue.

I’d like to welcome Diane Duflot to her new position as editor of New Home Guide and New Condo Guide. Hailing from Toronto via Ottawa, Diane is busy exploring her new hometown and plans to tell you all about the Vancouver real estate market and its newest communities.

Welcome to the team Diane!

If you are thinking of relocating and purchasing a new home, consider doing it sooner than later. With house prices rising and steady population growth, you are pretty much guaranteed to make money. The trick is to buy now while prices and mortgage rates are affordable.

Mortgage rates are definitely favourable right now, but they are edging

up slowly. If you think you can’t afford a detached home, affordable housing in the way of condominiums, semi-detached and townhomes may be a viable option.

As with any major purchase, it is important to do your homework before you venture out to shop the market.

Know what you need and what you want.

Visit a lending institution or a mortgage broker to pre-qualify for a mortgage.

Once you have determined the maximum mortgage you qualify for, be sure to ask how long the financial institution is going to protect your interest rate. If mortgage interest rates drop, your lender should allow the rate of your mortgage to drop as well. Alternately, your rate should stick if there is an increase.

Happy new home hunting!

NEW CITY: NEW OPPORTUNITY Defining “Vancouverite”

DIANE DUFLOT

EDITOR

Wall2Wall Media Diane.Duflot@wall2wallmedia.com Follow me on Twitter at Twitter.com/DianeDuflot

Before moving to Vancouver in May 2012, I had never been to BC and knew little about the city except that it was surrounded by mountains and the ocean.

I had never seen the house that we would soon call our own (except in a few blurry pictures my husband had sent me, one of which showed nothing more than carpet).

I felt that our move would either be a thrilling experience, the opportunity to build a new life from scratch in a new city, or a nightmare of isolation in a city where we had yet to make friends and certainly had no family. It has been over a year since our move now, and the actual experience has been somewhere in the middle of these two extremes: it has been fun to get to know a new city and meet

12 METRO VANCOUVER NEW CONDO GUIDE JUN 28 - JUL 12, 2013

new friends, but we have certainly missed the lifelong connections we had back home. I now think of myself as a Vancouverite, but I’m still learning what that means. I’m sure I’m not alone: Statistics Canada’s 2006 Census reported that 39.6 per cent of the CMA’s total population are immigrants to Canada.

Add to this the people who have moved here from all over Canada to pursue education, job opportunities and the active lifestyle that our proximity to the mountains and ocean promote year-round, and I feel I’m in good company. I hope that even born-and-bred Vancouverites will welcome a fresh set of eyes through which to view this remarkable city as I continue to discover it.

now selling

Design is not for explaining.

It’s for living.

MAIN ST

meccanicabycressey.com

EAST 1ST AVE

Pricing subject to change without notice. E.&O.E. QUEBEC ST

604.876.8819

EAST 1ST AVE

MAIN ST

Showroom and 2 Designer Showsuites 104 East 1st Ave, Vancouver Open Daily 12 – 5 PM (Closed Friday).

QUEBEC ST

Integrated European appliances, efficient floorplans and Cressey’s focus on every design detail make Meccanica a true standout home. Come experience the difference for yourself.

Homes starting from $329,900.

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

BARNET MARINE PARK

ED

GA GL

R

AR

SQUINT LAKE PARK

U

DI

ROYAL OAK AVE

WILLINGDON AVE

RD

AY IW

A2

LOUGHEED MALL

AD AW AY

DEER LAKE PARK

DEER LAKE

NELSON AVE

E AV B4 L B3 YA RO

B1

DUNCAN ST

ST E AV

DE

EN

A2. bloom

A4. aviara

EN

RW

A3. p addingtonEWmews BOUNDARY RD

DE

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A1. Reflections

AY TW

4927 Kingsway 604.438.9922

1710 Gilmore Avenue 604.291.9130

Sales Centre #101 - 618 Langside Avenue 604.939.8808

RI

YD BO

107 - 7090 Edmonds St. 604.525.8496

CB

ST

DS

AY NW

S

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Burnaby

AR

B2TEW

M

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QUEEN’S PARK

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SOUTHRIDGE DR

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RL

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IMPERIAL ST

IM

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CU

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KI NA3 GS WA METROTOWN Y PATTERSON AVE

B2. glass house lofts

BURNABY LAKE REGIONAL PARK

CA N

GILLEY AVE

BOUNDARY RD

E

AUSTIN AVE

GR

SE MARINE DR

DR

Lougheed Hwy

SPROTT ST

OAKL AN

CENTRAL PARK

ITY

A GL GA

BROADWAY

49TH AVE

RS

WA Y

BURNABY MOUNTAIN GOLF COURSE

BCIT

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RD

EYS TON

18 Begbie Street 604.523.0081

A7

KE

GR

B1. northbank

W

SFU

CLIFF AVE

BRENTWOOD MALL

UN IVE RSITY DR

AR

SPERLING AVE

A4

HOLDOM AVE

WILLINGDON AVE

HASTINGS ST

Barnet Hwy

NORTH RD CL

INL ET

DR

CONFEDERATION PARK

BURNABY MOUNTAIN PARK

14 metro vancouver new Condo Guide jun 28 - jul 12, 2013

Aug.17 2012

7.625”x1.625”

Ledingham McAllister

CMYK

CG Banner Ad Redesign

Legacy Sans

A5. c entreblock at univercity libertyhomes.ca

210 Slater Street 604.520.9890

B3. dominion

68 Sixth Street 604.525.8980

B4. elliot st

336 Columbia Street 604.524.8080

LION’S GATE BRIDGE

BURRARD INLET THE LIONS

NORTH VANCOUVER

• BUR NAB Y’

S

AVAIL AB

TO ILITY

ST U V I EW N N I N G HO F R M ES $293OM ,900 SUBJ ECT

E LU VA

NORTH SHORE MOUNTAINS

VALUE • B UR

604.298.8800 · LOUGHEED & WILLINGDON

SOLODISTRICT.COM

NOW SELLING

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

9 FT CEILINGS · CENTRAL AIR CONDITIONING · GEOTHERMAL HEAT EXCHANGE · PANORAMIC VIEWS · STEPS TO SKYTRAIN – DOWNTOWN IN 20 MINS

BURNABY’S BEST VALUE

STANLEY PARK

T

NABY’S BE S

DOWNTOWN VANCOUVER

BEST VAL UE

HIGH LIFE

Altus’ Club 55 – Burnaby’s hottest rooftop patio, soaring 55 storeys high on top of Burnaby’s tallest tower. With over 5000 sq. ft of urban play space, there is room for everyone you know. Featuring a full kitchen, large dining room, outdoor lounge with BBQ and fireplace. Entertain your friends or just enjoy the views. There is no other place like this.

Y ’S AB

LIVE THE

N

•B

ST

UR

BE

cover story

SOLO District’s Altus Tower:

Living Local Reaches New Heights ENTERTAIN IN STYLE

last weekend marks another important chapter in the development of the SOLO District community. Altus will be the tallest tower in Burnaby, housing 280 residential units as well as a 14-storey office tower. Lisa Murrell, sales and marketing manager for Appia, calls the expansive 5,000 sq. ft. roof top amenity space “nothing short of amazing.” Residents and office tenants will share a state-of-the art fitness centre complete with an outdoor multi-court and barbecue area on the third floor.

Appia Developments’ public preview of Altus

16 metro vancouver new Condo Guide jun 28 - jul 12, 2013

The pièce de résistance for those who love to entertain, however, will likely be the rooftop terrace that crowns Altus.

Soaring 550 ft. skyward, this area has been coined “Club 55” by Appia and features a media area with a large screen television, a full kitchen and dining area, billiard and Ping-Pong tables, as well as an outdoor fire pit, lounge area and barbecue. For more intimate gatherings, there is a quieter outdoor space on the 15th floor with a 3,000-sq.-ft. roof deck with a Zen garden, landscaping, and a barbecue area.

Like the building, the residential units (one- to three-bedroom and ranging from 516 to about 1,700 sq. ft.) were made to facilitate entertaining with open-concept living/ dining/ kitchen areas and what Murrell aptly calls “ample outdoor space.” All units have a balcony, and some have an additional balcony or terrace, and

Murrell raves, “there are fantastic views from every unit in the tower.” Add to this top-quality finishes like engineered laminate wood flooring in the living areas, imported Italian Armony Cucine cabinetry and polished quartz cabinets in the kitchens and bathrooms, and it’s clear the team at Appia has thought of everything down to the smallest design detail.

Once the project is complete, SOLO District will consist of four towers, which will comprise a total 1,400 residential units, a combination of retail and commercial spaces, and an abundance of greenspace. With so much steps away at the new SOLO District, owners might think twice about ever leaving the neighbourhood.

As Murrell, remarks, “the project puts everything right at their doorstep.” And this, she points, is no accident. By ensuring that those who live at SOLO District have all the necessary amenities at doorstep, Appia has been particularly mindful not only of their residents’ convenience, but also of the community’s environmental impact.

BURNABY’S MOST LIVEABLE URBAN COMMUNITY

Buyers who are concerned about living local will be pleased to know their commute to work need not be done in a car. Not only is SOLO District a short walk to both Brentwood and Gilmour SkyTrain stations, but its proximity to the Central Valley Greenway Bike Lane also makes it possible for residents to combine their commute with their cardio. On days when residents who don’t own a car need the convenience of one for running errands, they can take advantage of their complimentary one-year membership to Modo Car Share with access to three dedicated vehicles. Meanwhile, those who do own a car will find there is plenty of dedicated parking for all the residents at Altus. What’s more, low-emissivity windows in every suite, combined with geothermal heating and cooling ensure that residents of Altus remain environmentally responsible and see big savings on their energy bills. With features like these, SOLO District truly promises to be Burnaby’s most liveable urban community.

The SOLO District Presentation Centre is located at 2131 Willigdon Ave. (South of Lougheed). For more information call 604.298.8800 or visit SOLO District online at solodistrict.com

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 17

condo sense

Taking cues from builders:

// by cameron mcneill

Home staging CAn get you top dollar

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

W

hen it comes to buying real estate, many househunters think they can look past dated décor, clutter or empty rooms and see “potential” — but they rarely can.

That’s why many successful builders use show homes to sell their communities.

Through these carefully designed and accessorized spaces they make it easy for potential buyers to imagine how they could fit their individual lifestyle into the home.

Many smart homesellers have observed that the same principles that drive the sales of new homes can apply to the resale market. By engaging professional home stagers and decluttering experts, sellers are often able to realize quick sales at top dollar.

The reason for this: many real-estate

18 metro vancouver new Condo Guide jun 28 - jul 12, 2013

shoppers start house hunting with checklist of criteria but end up buying a home for emotional reasons — it just feels right.

The main purpose of home staging is to allow potential buyers to walk into a home and immediately experience that intangible “this is home” feeling. Once a potential buyer becomes emotionally invested in a home, they are often willing to look past some of the criteria they had on their “must have” checklist before they walked in the door. That’s why it so important to pay attention to even the smallest detail when staging a home to sell.

Little things like dirty floors, rooms filled with personal memorabilia, clutter, dripping taps or even household smells, can all help the buyer emotionally disengage from the house. This is where the staging company comes in, they handle all the details in order to make your house “showhome ready” and help to remove the objections from the buyers mind. Falling in love with your home and the fear of losing it to someone else is what motivates buyers to make an offer on your property.

Another often overlooked aspect of the benefit of home staging is that house hunting often starts online, before a realtor is even contacted. A beautifully staged home that is photographed well will showcase your home to online househunters and put you ahead of the competition.

Although a worthwhile investment, if you can’t afford to hire a professional stager, find out more online or ask your realtor. In fact, many local realtors now work with stagers and offer it as part of their service to you as a seller. Of course, you can also visit any new home display suite to get some great ideas too. In the end, staging will help you sell your home faster and may get you a stronger offer — all making the selling process easy so you can concentrate on buying the home that “just feels right” for you.

burnaby/new westminster

Higher Living at UniverCity.

There’s a new block coming to Burnaby Mountain.

Featuring spacious apartments and townhomes next to vibrant shops and services, CentreBlock is your home in the heart of it all.

register online today at

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T h i s i s n ot a n of fe r i n g fo r s a l e. A ny s u c h of fe r i n g m ay o n l y b e m a d e w i t h a d i s c l o s u r e s t a te m e n t . E . & O. E .

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 19

burnaby/new westminster

20 metro vancouver new Condo Guide jun 28 - jul 12, 2013

EXPERIENCE PEACEFUL PARKSIDE LIVING AT NORTHBANK. WATER VIEWS + 2 BLOCKS TO SKYTRAIN + SMART, COMFORTABLE HOMES.

630 SQ.FT. 1 BEDROOM HOMES FROM THE $260’S 88O SQ.FT. 2 BEDROOM HOMES FROM THE $360’S Own from $929 per month*

Own from $1299 per month*

Northbank offers one of the Lower Mainland’s best real estate values, with stunning protected views and smart, comfortable, well-appointed homes in a quiet parkside location.

*See sales associate for details. Developer reserves the right to make changes to specifications and pricing without notice.

604.523.0081 PRESENTATION CENTRE AT 18 BEGBIE ST.

northbank.ca

Surrey | Langley 116TH AVE

12 0T H

OR

RD

112ND AVE

108TH AVE

A9

104TH AVE

104TH AVE

Hw

y

A4 A1

88TH AVE

88TH AVE

BEAR CREEK PARK

208TH ST

192ND ST

10

R

RD

B3

A3

LO VE

A7 A12

64TH AVE 60TH AVE

61A

LANGLEY BYPASS

58TH AVE

56TH AVE

56TH AVE

Fra s

B4

er H

10

GR

Surrey

AD

ER

A6. ultra

A11. 3 civic plaza

B1. red maple park

A2. Luxor

A7. esplanade at waterstone

A12. latitude

B2. kensington

12039 64th Ave.,

Unit #104 604.590.8003

A3. Salix

6477 - 196th Street 604.530.0054

A4. Manarola

8695 160th Street 604.825.1038

A5. verve

13913 Fraser Hwy. 604.588.3783

10345 133A St. 99 604.588.6999

64th & 19th 604.530.5399

A8. park ave

100 Ave. & Whalley Blvd.

604.233.7748

A9. G3 Residences 104th Ave. & 154th St. 604.453.6688

A10. teo

13864 Hyland Rd. 604.288.8981

22 metro vancouver new Condo Guide jun 28 - jul 12, 2013

104 Ave & 134 St 604.572.0064 14358 60th Ave. 604.596.5075

7938 209th Street 604.888.8699

20678 willoughby Town Centre Drive 604.427.3311

B3. elements

20211 66th Ave. 604.533.7718

B4. varsity

200th Street & Fraser Highway 604.539.2200

B5. athenry gate 8312 Street 604.882.8857

wy

D

Langley

SERPENTINE FEN NATURE RESERVE

A1. Ascend

15956 86A Ave. 604.596.2202

B1

72ND AVE

64TH AVE

WATERSHED PARK

B2

G

A2

184TH ST

176TH ST

99a A10

200TH ST

80TH AVE 168TH ST

160TH ST

152ND ST

144TH ST

128TH ST

120TH ST

112TH ST

72ND AVE

AV E

B5

1a

King George Blvd

80TH AVE

96 TH

48TH AVE

40TH AVE

240TH ST

er

GOLDEN EARS BRIDGE

96TH AVE

RD

TYNEHEAD REGIONAL PARK

Fr as

GL OV ER

GREEN TIMBERS URBAN FOREST PARK

96TH AVE

232RD ST

A5 A8

216TH ST

S

Fr a

A11 A6

216TH ST

se r

W ay

ST

GR

N VE OS

$10,000 discount offer extended (and not just for 1st time buyers)

ay in tod e v o m m

fro 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

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Marketing and Sales by:

To Vancouver

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64th Ave.

To US Border

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*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.

surrey/langley

Brand nEW 3 bEDROOm ShOwhOmE NOw OPEN!

OwN A

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24 metro vancouver new Condo Guide jun 28 - jul 12, 2013

NOW SELLING

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jun 28 - jul 12, 2013 metro vancouver new Condo Guide 25

SURREY/LANGLEY

26 METRO VANCOUVER NEW CONDO GUIDE JUN 28 - JUL 12, 2013

Surrey/langley

Why live in a condo when you can have 3 levels from $284,900* PARKING PAD

DECK

BEDROOM GARAGE

LIVING W/D

LINEN

64 AVE

POWDER

62 AVE

152 ST

148 ST

ENSUITE

146 ST

DINING

60 AVE

KITCHEN

SALES CENTRE

MASTER BEDROOM

#100–14833 61ST Ave (at 148TH St.) Panorama, Surrey Open 12-5pm daily

DEN

(except Fridays)

LOWER FLOOR

MAIN FLOOR

604.953.1211

UPPER FLOOR

ashburyhill.com

fairborne.com Ashbury Hill is developed by Fairborne Panorama Homes LtD. Pricing is subject to change without notice.

Layouts and materials on floorplan are approximate and subject to change without notice. E.&O.E.

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 27

meTRo VANCouVeR eDITIoN | FREE

June - July 2013 Volume 12 Issue 03

Organizing

tips & tricks

FoR youR homE

plus!

VANCOUVER’S EXCITING FREE MONTHLY HOME DESIGN MAGAZINE Featuring the newest products and hottest design trends for your home, inside and out.

604.519.6080 NewCondoGuide.com

The hottest wallpapER dEsigns

ovation award 2013: Best renovation under $100,000

Intermind Design

JUNE-JULY ISSUE on stands now!

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VISIT VARSITY TODAY & YOU WILL BE ENTERED INTO A WEEKLY CONTEST TO WIN A TARGET GIFT CERTIFICATE!

LANGLEY’S BEST VALUE - CENTRAL LOCATION - SUPERIOR HOMES Varsity Features GRANITE WINDOW SILLS CLOSET ORGANIZERS STAINLESS STEEL GAS RANGE

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GRANITE COUNTERS

AND MUCH MORE!

LIVEatVARSIT Y.COM * Developer reserves the right to change the information herein. Renderings and images are approximate only. E. & O.E. There is one draw per week for a Target gift certificate, you must register to be entered.

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 29

HELD OVER! SAVINGS UP TO $20,000!

UNIT

REGULAR PRICE

1 WEEK ONLY

SAVINGS!

202 2 Bedroom

$249,900

$229,900

$20,000

108

1 Bedroom

$208,500

$189,900

$18,600

311

2 Bedroom, Den

$314,900

$294,900

$20,000

THE ATHENRY GATE DIFFERENCE...

Mountain views, 4 year low strata guaranteed, superior sound proofing and quality built with a reputation you can trust!

ONLY 5 3 SUITES!

VISIT OUR BOUTIQUE PRESENTATION CENTRE 8312 208 STREET, LANGLEY

Marketed by Solon Bucholtz 778-995-7467

Open Mon-Thurs 12PM - 6PM | Sat-Sun 12PM - 5PM 604.882.8857 | info@athenrygate.com | www.athenrygate.com May 28, 2013. Prices, incentives and availability are subject to change without notice. All prices exclude Tax. This is not an offering for sale, any offer must be made with a disclosure statement E & O.E.

Surrey/langley

R !

DE ION N U CT U W NO STR N CO

Come together in the heart of Willoughby Visit our fully furnished 2 Bed, 2 Bath + Den display suite.

1 Bedroom, 1+Den, 2 Bedroom, 2+Den 660 - 1360 sq.ft. Condominiums Priced from $199,900 This beautiful collection of condominium homes places you at the centre of the walkable, urban community of Willoughby Town Centre at 208th St./80th Ave. With RBC, Noma Sushi, Sassy Nail Salon and Your Independent Grocer now open, Kensington is the place where you can easily get all that you need, right outside your front door. Shoppers Drug Mart and many others coming soon.

KENSINGTON PRESENTATION CENTRE Open Daily Noon to 5pm C-110, 20678 Willoughby Town Centre Drive Langley, BC | Phone: 604.427.3311 Email: kensingtonsales@mylasso.com

@WilloughbyLife | Willoughby Town Centre

liveatkensington.ca

80th Ave. DEVELOPED BY

208th St.

Willoughby Town Centre

Kensington is not currently an offering for sale. E.&O.E.

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 31

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

CR

CRESCENT BEACH / BLACKIE SPIT

E

E SC

NT

99a

RD

5

99

32ND AVE 7

SUNNYSIDE ACRES URBAN FOREST PARK

CRESCENT PARK

24TH AVE

1

Ki

24TH AVE

164TH ST

26TH AVE

24TH AVE

ng 8

INE

DR

168TH ST

16TH AVE 160TH ST

148TH ST

152ND ST

140TH ST

128TH ST

3

6

MA R

y

2

4

Hw

16TH AVE

ge

16TH AVE

or

20TH AVE

Ge

SOUTH SURREY ATHLETIC PARK

15 10TH AVE 8TH AVE

8TH AVE

SOUTH SURREY / WHITE ROCK 1.

MORGAN CROSSING

24th Ave & Hwy 99 604.582.1336

2.

ROYCE

Thrift & Everall 604.538.8028

3.

4.

GEMINI

5.

EDGEWATER

7.

HEADWATERS

ADAGIO

6.

WINTER STREET

BY LISTRAOR HOMES

8.

AVRA LIVING

15310-17A Ave 604.536.1663 20th Ave. & 154th St. 604.531.6659

32 METRO VANCOUVER NEW CONDO GUIDE JUN 28 - JUL 12, 2013

152nd & 36 Ave. 604.818.5603

1333 Winter St. 604.364.7455

15428 - 31st Ave. 604.535.1451 1455 George St. 604.531.9030

SOUTH SURREY/WHITE ROCK

TA K E T I M E T O D I S C O V E R YOUR INNER CHEF

50 EXCLUSIVE CONDOMINIUM HOMES

Now Selling

THIS IS YOUR TIME W H AT E V E R T H E B E S T T H I N G S I N L I F E A R E F O R Y O U , ADAGIO FRAMES THESE EXPERIENCES. WITH THE DESIGN A N D C R A F T S M A N S H I P O N LY H O M E S B Y B O F F O C A N A C H I E V E . W E ’ V E B E E N O B S E S S I N G O V E R T H E D E TA I L S F O R M O R E T H A N 4 0 Y E A R S S O T H AT Y O U C A N R E L A X A N D ENJOY YOUR NEW HOME.

UP TO 3 -BRM & 3 -BAT H 717 –1,30 7 sqft

604.531.6659 A d a g i o B y B o f f o.c a VISIT US TODAY PRESENTATION CENTRE & DISPLAY SUITE 1975 15 4TH STREET (@ 20TH AVENUE) SOUTH SURREY (SEMIAHMOO) OPEN DAILY 12 – 5PM (EXCEPT FRIDAYS)

IAN WATTS 604.531.4000

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

JUN 28 - JUL 12, 2013 METRO VANCOUVER NEW CONDO GUIDE 33

SOUTH SURREY/WHITE ROCK

34 metro vancouver new Condo Guide jun 28 - jul 12, 2013

south surrey/white rock

DOWNSIZING HAS NEVER BEEN THIS UPSCALE

DOWNSIZE WITHOUT COMPROMISE The exclusive enclave of 1, 2 and 3 bedroom residences offer ocean views, superb amenities, and exceptional detailing around every corner.

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

View Penthouses start from $1.2 million N. BLUFF/16TH AVE.

152ND ST.

ROYCELIVING.COM

$332,900 EVERALL

Homes are selling fast! Our stunning designer display suite is ready to take your breath away.

Starting from

OXFORD

With spacious, single-level living, designer finishes and chef quality appliances, there’s room for everything but compromise!

THRIFT

PRESENTATION GALLERY AT THRIFT & EVERALL OPEN NOON - 5PM DAILY (EXCEPT FRIDAYS) Call 604.538.8028

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 35

in the news

BMO Economics says

Canadian Home Prices Are Not Highly Overvalued A new report from BMO Economics released

recently challenged the notion that Canadian home prices are highly overvalued when compared to the price of renting a home.

Recently a report from the Organization for Economic Co-operation and Development (OECD) claimed that Canadian home prices are 64 per cent overvalued. This has fuelled more debate over Canadian house prices, with much attention focusing on ownership versus renting, and whether or not someone in today’s market should opt to rent instead of buy.

“We can confidently dispel the notion that Canadian home prices are egregiously overvalued versus rents, but they’re not cheap either,” says Robert Kavcic, senior economist, BMO Capital Markets. “ The report noted that on a national basis, ownership currently looks only moderately expensive versus renting. Using current market mortgage rates — around three per cent for a five-year fixed rate instead of posted rates — leaves valuations almost bang on their long-run norm.

36 metro vancouver new Condo Guide jun 28 - jul 12, 2013

Gap in price between buying and renting gets smaller in Vancouver

Kavcic noted that there are regional differences within the numbers: ›› O n the west coast, Vancouver valuations have begun to compress from very elevated levels, though ownership still remains expensive versus renting. ›› I n Calgary, both housing prices and rent prices are rising, so the gap is stable. Calgary’s market looks pricey, but well below levels seen at the height of the energy boom, and resurgent rent growth has helped offset recent price gains. ›› T oronto appears only slightly overvalued compared to historical norms, but not at all at prevailing three per cent mortgage rates.

Notably, the city is miles away from the severe bubble conditions seen in the late 1980s.

To Rent or Buy?

“The decision to rent or buy is a very personal one and is determined by a variety of factors that need to be carefully weighed before taking the next step — whether for the short or long term,” says Laura Parsons, mortgage expert, BMO Bank of Montreal. “A mortgage for some can be seen as a type of savings plan, particularly if they view their home as a financial nest egg for their retirement years, as many Canadians do.”

Parsons noted that those who choose renting over owning property should consider working closely with a Mortgage Specialist to build a more aggressive long term saving and investment plan, as they will not be able to rely on the value of a property to bolster their retirement savings down the road.

SOUTH SURREY/WHITE ROCK

NEW PRICING at award-winning Morgan Crossing

MOVE IN NOW | TWO BEDROOM CONDOMINIUMS FROM $269,900 incl. GST*

YOUR OWN PRIVATE ROOFTOP OASIS & VILLAGE LIFE AT YOUR DOORSTEP! Condo living doesn’t have to mean giving up the great outdoors. The Summit House at Morgan Crossing extends your living space outside with the private rooftop plaza; spanning over an acre, it’s designed to bring people together. Garden enthusiasts will love growing organic veggies & herbs in the community garden, where going green is easy. Endless party options abound with the fully furnished BBQ deck and fire pit, the perfect spot for hosting friends. Or soak up the rays and practice sun salutations on the sunning lounge, surrounded by tranquil lush landscape and panoramic mountain views.

Enjoy outdoor living in your backyard, and a dynamic community at your doorstep. The Summit House is tucked away in the most private corner of the walkable Morgan Crossing village, the neighbourhood hotspot where locals get together. Discover the distinct ease of village life with over 60 shops, services, entertainment, & fitness amenities just steps away.

NEW PRICING 2 bedroom 828 sqft from $269,900 incl GST* | 2 bedroom 856 sqft from $298,900 incl GST*

#314 – 15850 26th Avenue, South Surrey | MORGANCROSSING.CA | 604.582.1336 *Pricing deadline June 30th, 2013. Prices include net GST, subject to availability.

Prices & specifications subject to change without notice. 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

DEVELOPED BY

JUN 28 - JUL 12, 2013 METRO VANCOUVER NEW CONDO GUIDE 37

RO SS RD

NM

Sky H

wy

R VE GO TR

Sea To

EN D

N o r t h S h o r e | S quamis h | W h is t l e r DEPOT RD

DR ORO

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VE YA WA V ST TA NU VE ST E KA CH OC L M DR HE RD O ILF GU

DA VE DA VE

VAL LEY

DR

3R

2N

38 metro vancouver new Condo Guide jun 28 - jul 12, 2013

ST

A3. t he prescott

A7. northlands

A4. orizon

A8. canyon springs

CH E

SQUAMISH

C

R D E MAI N

A6. s eylynn village

onsdale & Third Ave L 604.638.6240

WE

A7

KEITH RD E

A2. remix

13th & Lonsdale 604.969.3333

99

DR

MT SEYMOUR PKY

A5. 1 5 west

#103 - 735 West 15th St 604.924.4488

FINCH DR

KE

LYNN CANYON PARK

A8

A1. Local on Lonsdale W 17th Street and Lonsdale 604.998.0219

LOGGERS LN

QU E E NS WAY

BRENNAN PA R K

R LA

N

RD

R RY

DR

rton

Dolla

North Shore

CENTENNIAL WAY

MAGEE ST

N LY

EY LL VA

A6

L LEVE LOW

y

w

H

KEITH RD W A3 A4

HI

MAMQUAM RD

A5

A1

LO N

S

W AY

KI

DR

Mountain Hwy

TH B

MATHERS AVE

DEMPSAY RD

LONSDALE AVE

DR

LIGHTHOUSE PARK

DALE R D

SD AL EA VE

INE

CH IPPE N

CAPILANO RIVER REGIONAL PARK

PERTH DR

MAR

RD

STE V

L OW

SOU

R CYP

B ESS

TANTALUS RD

CYPRESS FALLS PARK

15TH ST

NELSON CANYON PARK

LYNN HEADWATERS REGIONAL PARK

21ST ST

DR

CYPRESS

25TH ST

RUN

CYPRESS BOWL RD

EAG LE

North Shore

5th just off Lonsdale 1 604.980.9949

604.980.5000 www.seylynn.ca

300 Mt Seymour Parkway 3 604.800.2120 canyonsprings@polyhomes.com 604.871.4126

Hwy

NORTH SHORE/SQUAMISH/WHISTLER

C

OM

I

NG

S

N O O

Love the North Shore Discover urban living at the mountain’s edge. Inspired by the area’s natural beauty, Canyon Springs by Polygon is a thoughtful collection of apartment residences in Lynn Valley. Imagine having restaurants and shops within walking distance, plus an abundance of trails so close to home. Canyon Springs gives you the full North Shore experience – and it’s easy to love.

One, two and three bedroom apartment residences coming soon.

Register Today: Call 604.871.4126 or Email canyonsprings@polyhomes.com This is currently not an offering for sale. Any such offering may only be made with a disclosure statement. E.& O.E.

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 39

Published by

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.

NEWCONDOGUIDE.COM

*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

distinguished new high-rise 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.

Rising up above the neighbourhood and offering stunning views in all directions, 15 West is North Vancouver’s most

A NEW BENCHMARK

Stunning views from the city to the North Shore mountains and beyond.

15 VIS 25 IT L O US NS AT DA LE .

design tips

// by lisa canning

Personalize your space with art

Lisa Canning is a designer and owner of Lisa Canning Interiors. lisacanning.ca

A

rt provides the opportunity to express your style in a very personal way. While art can often get put on the back burner after the dust of a renovation has settled, the personalized story that art tells about a homeowner shouldn’t be forgotten.

Today there are many avenues in which art can be purchased, so making your personal mark on your home might be easier – and less expensive – than you think.

The first place I go when selecting art for a client is a traditional gallery.

Often, the staff at such galleries is trained to assist you in picking just the right piece for you and your space. And best of all, a gallery will often allow you to borrow the pieces for a time period to “test drive” in your home. As the art on your walls can really change the colour scheme and mood of a room, being able to see it in the context of the rest of your space makes for a stress-

42 metro vancouver new Condo Guide jun 28 - jul 12, 2013

free investment. A visit to a gallery is also a great way to find new emerging artists, and support their work at more introductory prices.

Additionally, I love to invest in artists by commissioning custom pieces. When you commission a piece, you can work with an artist to get exactly what you want, and this has yielded gorgeous outcomes for many of my clients’ spaces. Artist Becky Simpson of RLS Studios will take a client’s photograph, enlarge it to their desired size, and through a wax transfer technique called encaustic painting, create beautiful, textured, large-scale works. The texture created through the dripping wax is truly unique. I also love working with New Brunswick-based abstract artist Matt LeBlanc, who will take my client’s paint and furniture colours and create an abstract piece customized to their existing décor. He ships them to me and it is always a fun surprise to see what he has come up with. Commissioning a custom piece of art is a great way to support the local art community and to ensure you have a truly one-of-a-kind piece on your walls.

Lastly, I love using personal photographs to create art. This can often be an inexpensive approach when conscious of budget. If a digital image is large enough, I will take it to a local print shop, enlarge the photo to poster size, and place it in a modern frame. With digital software it is also easy to manipulate an image to change the colours, increase the contrast or crop for dramatic emphasis. Additionally, Internet sources like canvasstock.com will take your digital file and transfer it onto a stretched canvas, giving you a gallery look without the gallery price tag.

Art doesn’t have to be complicated. It just has to be “you.” With the multitude of ways that art can be purchased, whether on foot or online, the perfect piece for your space is waiting to be discovered.

PICTURED right

Add a personal touch to your walls by using your own photographs in a custom painting like this one by encaustic artist Becky Simpson of RLS Studios.

Photo by Tanja Tiziana-Burdi

ONLY 7 PENTHOUSE HOMES REMAIN

*HOT TUB INCLUDED!

HOMES PRICED FROM $302,900.* MOVE IN FEBRUARY 2014.

Marine Driv

W 14th Street

Bewicke Ave

Ln

Fell Ave

Mosquito Creek

A collection of sixty apartment homes ranging from one to two bed + den atop a vibrant social hub. Penthouse level homes feature private rooftop decks, and for a limited time, your own hot tub is included too. Relax, or entertain, however you choose – just don’t break any laws.

W 15th Street

e

PRESENTATION CENTRE 103 – 735 W. 15TH STREET, NORTH VANCOUVER 604.924.4488 VISIT ADERA.COM

* LIMITATIONS APPLY. THIS IS NOT AN OFFERING FOR SALE. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SEVEN30 ADERA PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277

LV D KW AY B

UB T EA PLA

COAST MERIDIAN RD

RIDGE PARK

ET R

EE

WA Y

PA R

LVD

COQUITLAM | PORT COQUITLAM | PORT MOODY | PITT MEADOWS

NE

DR

Barnet Hwy

ST JOHNS ST

V

VICTORIA DR

LINCOLN AVE

COQUITLAM CENTRE

DEWDNEY TRUN K RD PRAIRIE AVE R

SY ES DAW ES

ghe

ed H

H IL LR

HN

SH

NG

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SW AY AV E

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DOMINION AVE

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DEWDNEY TRUNK RD

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wy

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Ma

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Hw

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MEADOW GARDENS GOLF COURSE

a yp

ll B

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FORD RD FRASER RIVER

COQUITLAM 608 Como Lake Ave. 604.936.9300

A2. BLOOM

Sales Centre #101 - 618 Langside Ave. 604.939.8808

DEWDNEY TRUNK RD

PORT COQUITLAM A3. BLUETREE HOMES AT MACKIN PARK

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

B1. ORCHID

2455 Wilson Ave. 604.866.4206

HARRIS RD

HAMMOND RD PITT MEADOWS AIRPORT

A1. EMERSON

123RD AVE

GOLDEN EARS BRIDGE

A4. COMO

404 - 552 Clarke Rd 604.939.0018

$

10k rebate 5%

* DOWN*

*Ask us. We'll explain the details. E.&O.E.

eNDs sUNDaY, JUNe 30 mosaichomes.com

207TH ST

VE TE A

Lou

Hwy

AU G

MUNDY ST

A3

KI

heed

AUSTIN AVE

T UNE

ug

Loug

MARI NE R WAY

MUNDY PARK

AUSTIN AVE

BR

Lo

OTTAWA ST

LD

ST

MA

B1

LINTON ST

SMITH AVE

COMO LAKE PARK

GATENSBURY ST

NORTH RD

CL

A4 A2 A1

ER

COMO LAKE AVE

BLUE MOUNTAIN ST

AR

KE

RD

TH

216TH ST

PIONEER MEMORIAL PARK

INLET PARK

LA NS BL VD DOW

DR

210TH ST

TA IN

IA

203RD ST

ROCKY POINT PARK

UN

R TO IC

S BONSON RD

y

w H

SHORELINE PARK

DAV ID A VE

TOWN CENTRE PARK

HARRIS RD

MO

CEDAR DR

R IT AG E

COAST MERIDIAN RD

D

JOHNSON ST

t ne

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PI N

DAVID AVE IOC

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Mackin Park

Home N-205 D Plan

2 bed + den, 2 bath

901 sf

2 BED + DEN FROM

$334,900

Great size second bedroom , opposite from master for optimal privacy

F

Balcony

Large balcony perfect for weekend barbecues with friends

Bedroom DW

7’4 x 6’4 den ideal for a home office Second full bath , great for guests

Living

Perfect size kitchen with breakfast bar and window above the sink Large living space designed for full-size furniture

Kitchen

Dining

Den

D

Master Bedroom

Bath

Entry

Entry closet for extra storage ( in addition to underground storage locker included at no extra cost)

Almost a His and hers closets 1 2 foot long and sinks Mackin Park make the wall , perfect Sept. 16, 2012 morning routine for a king #N205 E a Unit breeze size bed and 823 sf nightstands Please ask your sales rep to view the specific plans for each home as variations may occur. In a continuing effort to improve our homes, Bluetree reserves the right to make any modifications and/or substitutions, without notice, should they be necessary. Final dimensions, square footage, specifications, floorplans, site grading and landscaping may vary. See your sales rep for complete details. E. & O.E.

at mackin park

1 & 2 BED APARTMENTS

✓ Walkable neighbourhood ✓ Easy access to Hwy 1 ✓ Minutes from Lougheed and Braid SkyTrain ✓ Spacious floorplans ✓ Modern finishes ✓ Outdoor space with every home ✓ 1 or 2 parking included Best Value in Coquitlam Prices are subject to change without notice. GST not included. E.&O.E.

Home Store open daily 12 – 5 (Closed Thursday & Friday) 211 – 1020 Austin Ave, Coquitlam 604-939-8874

See more at bluetreehomes.ca

Mackin Park ad for New Condo Guide

Insertion:

COQUITLAM/PORT COQUITLAM/PORT MOODY

46 METRO VANCOUVER NEW CONDO GUIDE JUN 28 - JUL 12, 2013

one, two & three bedroom homes on the evergreen line starting from $283,900 233 homes sold. 86 homes available. visit us today.

in the news

TD Canada Trust study:

Gen Y Struggles to Save According to new research from TD Canada

Trust, more than a third of Gen Y (34 per cent) admit they find it almost impossible to save. Young people today face fiscal challenges that older generations did not have to worry about, like working to pay off high student debts in tandem with managing spending on lower salaries.

Still, the principles of budgeting, saving and spending remain true no matter the financial reality, according to Raymond Chun, a senior vice-president at TD Canada Trust. Diligence, automation and realistic goals are essential to making saving money a habit.

Gen Y more affected by common obstacles than previous generations The research, which surveyed Boomers and Gen Y’s ability to save in their twenties, found that today’s youth appear to be more affected by the following common obstacles to saving than previous generations:

44% 39% 38% 36% Paying for education costs 44% of Gen Y versus 18% of Boomers

Salaries too low to cover living expenses 39% of Gen Y versus 30% of Boomers

Make a plan for saving and spending Although “the job market is tighter, university costs higher and salary growth lower for young people today,” according to Chun, “With planning and discipline, young Canadians can lay the foundation for a solid financial future by diligently tracking their cash flow and creating a plan for saving and spending.”

48 metro vancouver new Condo Guide jun 28 - jul 12, 2013

Debts from credit cards, loans and lines of credit 38% of Gen Y versus 26% of Boomers

The temptation to shop beyond their means 36% of Gen Y versus 16% of Boomers

As a general rule, individuals should aim to set aside three to six months’ worth of essential expenses in an emergency fund. The most important thing is to start a savings habit early, regardless of how much can be set aside at the beginning.

“It is tough for young people to balance all of their financial obligations as they enter

“ Savings provide some freedom if a great opportunity like a new job overseas comes up, or as a financial cushion in the event of something like temporary job loss.”

2 Budget to help manage spending

Assess spending habits starting with a list of all essential expenses like food, rent and transportation. Then review each item on the list and assess whether there are any ‘nice to haves’ hiding behind them. For example, food is essential but buying a bagel on the way to work is not. Whatever is left after the essentials, including servicing debt and saving for the future, is for discretionary spending.

3 Save and service debt simultaneously

adulthood, but this is precisely why it’s important to be committed to saving even just a little each week — every dollar counts,” said Chun. “Savings provide some freedom if a great opportunity like a new job overseas comes up, or as a financial cushion in the event of something like temporary job loss.”

Timeless principles of budgeting and saving: 1 Small actions yield big results

Reaching a savings goal is a marathon, not a sprint; be diligent about putting away a little bit with each pay cheque and it will add up. Consider putting away just $25 a week, and over the course of 12 months this will add up to $1,300. Don’t make the mistake of not saving at all just because the goal doesn’t appear achievable right away.

As a rule, the amount of debt people carry should not exceed 40 per cent of their pre-tax monthly income. This means, if a person earns $3,000 a month, monthly mortgage repayments, student loans and other debts should not amount to more than $1,200. Young people with heavy debt loads should concentrate on paying down their highest interest rate debt, such as a credit card, before putting a bigger focus on saving.

4 Make it a habit

One of the most effective ways to save is to put money away before there’s a chance to spend it.

For example, set up a pre-authorized transfer of a set amount each week to a high interest savings account. Or, some banks even offer services like the TD Simply Save program, which automatically transfers a small pre-set amount into customers’ savings account with each access card transaction.

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 49

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

RIN

R

4

W BROADWAY

2. Kits360

9. meccanica

3. wall centre central park

10. bluetree homes on main street

16th Ave & Arbutus 604.738.0001

6. 5555 dunbar 5555 Dunbar 604.568.7551

7. sail

108 - 3479 Westbrook 604.221.8878

50 metro vancouver new Condo Guide jun 28 - jul 12, 2013

KI

10

NG

E 12TH AVE

SW AY

KNIGHT ST

E 33RD AVE

MAIN ST

OAK ST

RI

SW

5. arbutus ridge

E BROADWAY

E 29TH AVE

13

3

E 41ST AVE

8. radius

Main Street & 8th 604.569.1555

E BROADWAY

W 41ST AVE

1. 188 keefer

4. collection 45

MAIN ST

QUEEN ELIZABETH PARK

W 70TH AVE

Boundry Road & Kingsway 604.874.9232

E 1ST AVE

W 12TH AVE

W 57TH AVE

1777 West 7th Ave 604.737.0360

COMMERCIAL DR

W 6TH AVE

W 49TH AVE

188 Keefer 604.620.2018

AVE

E KING EDWARD AVE

6 ED

8

INAL

15

4th Ave. & Fir 604.731.5522

First & Quebec 604.876.8819

King Edward & Main 604.877.1116

11. maddox

Howe & Drake 604.669.8200

12. keefer block Keefer St & Main St 604.682.8813

13. trio

4338 Commercial St Presentation Centre 768 Kingsway St 604.879.8989

MA

NE

E 49TH AVE

DR

SE MARIN E

14. rolston

Presentation Centre: 140 - 1265 Granville Street 604.688.8927

15. shine

289 East 6th Avenue 604.261.3936

16. lido

Presentation Centre 830 Hastings 604.872.2672

DR

BOUNDARY RD

MA

9

VICTORIA DR

SW

DUNBAR ST

L AL

W KING EDWARD AVE

PACIFIC SPIRIT PARK

TE R M

14

CAMBIE ST

KM

7

2 W BROADWAY

W 16TH AVE5

6T

W1

CORNWALL AVE

VENABLES ST

1

OAK ST

OO

VE HA

REY RD

BURRARD ST

ALMA ST

W 4TH AVE W 10TH AVE

11

GRANVILLE ST

POINT G

JERICHO BEACH PARK

LVD

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condo profile

Wall Centre Central Park: A perfect union of urban and natural

w

all Centre Central Park presents the perfect union of urban and natural landscapes. Residents of this new community have the greenspace of Central Park right next door and the striking glass and concrete towers will also be complemented with tree-lined streets, peaceful paths, and water features. The landscaped outdoor gathering space and large community gardening plots will allow residents to grow their own organic produce and give them even more opportunities to embrace the outdoors.

Live in light In the homes themselves, floor-to-ceiling windows let natural light pour in and provide spectacular city, water and park views. Open layouts let this light filter throughout the living, dining and kitchen areas, and stepping onto the large balconies will be like stepping into a remarkable panorama.

Luxury abounds The luxury finishes here abound: stainless-steel gas ranges, cabinetfronted fridge doors, polished quartz slab countertops and backsplashes in the kitchens; marble stone countertops and backsplashes in the bathrooms; ultra-wide and durable cocoa woodtone laminate floors throughout the living, dining and kitchen areas… and many more, all of which contribute to

the sophisticated atmosphere of these condos.

Staying active will be a luxurious experience at Wall Centre Central Park’s Exclusive Clubhouse, which has a 60-ft. swimming pool, a hot tub, and a fully-equipped fitness facility.

“For those who prefer educational classes,” offers Marketer Bob Rennie, “Wall Centre Central Park will house a new annex for the Collingwood Neighbourhood House in Phase Two, and this facility will offer everything from cooking classes to yoga and tai chi, among other programs.” And, of course, having Central Park right next door provides ample opportunity for outdoor activity with a pitch and putt course, tennis courts, baseball diamond, outdoor swimming pool, two large ponds and lots of walking trails.

Within the city of Vancouver Wall Centre Central Park’s location — within the city of Vancouver and a mere five-minute walk from Joyce SkyTrain station — makes commuting from here a cinch. An abundance of restaurants and nearby Crystal Mall and Metrotown, home to a SilverCity Cineplex, grant easy access to dining, shopping and entertainment. “And,” smiles Rennie, “You can have all this from as low as $229,900. What more could you ask for?” I can’t help but agree.

Homes are priced from just $229,900 for a one-bedroom and $329,900 for a two-bedroom. The Wall Centre Central Park Presentation Centre and its designer display suites are located at Boundary and Vanness and are open daily noon to 5 p.m., except on Fridays. For more information, call 604.874.9232 or visit Wall Centre Central Park online at wallcentrecentralpark.com

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 51

in the news

Launch of

Trump International Hotel and Tower Vancouver Holborn Group and TA Global Bhd. recently confirmed plans to welcome the city’s first Trump development, Trump International Hotel and Tower Vancouver. Situated on Georgia Street in Downtown Vancouver’s Coal Harbour, the premium $360-million Arthur Erickson-designed tower will include a world-class hotel and residences.

In addition to 147 guest rooms, the luxury hotel will include a Champagne lounge, signature restaurant, Trump Spa, and banquet and conference centre. It will also be home to Vancouver’s first pool bar nightclub. Above the hotel will be 218 stylish residences, offering residents spectacular views of the North Shore and beyond. When completed, the twisting tower will stand at 616 ft. (63 storeys).

“ W e are thrilled to be bringing the Trump flag to Vancouver as it has become a world-class city in its own right.”

Donald J. Trump

“Trump International Hotel and Tower Vancouver will become a new symbol for Vancouver and will solidify the city’s arrival on the international stage,” comments Joo Kim Tiah, CEO and president of Holborn Group and deputy CEO of TA Global Bhd., the developer of Trump International Hotel and Tower Vancouver. “The Trump brand is very well-respected and is synonymous with luxury real estate and hospitality. I’m pleased to have a strong relationship with Don, Jr., Ivanka and Eric and look forward to carrying on the entrepreneurial legacy that our parents have begun. Our shared vision and a work ethic that prides itself on diligence and attention to detail will result in a development that is cutting-edge, and matches Vancouver’s vibrant personality.”

“We are thrilled to be bringing the Trump flag to Vancouver as it has become a world-class city in its own right,” added Donald J. Trump. “When looking at expanding our portfolio, we felt this was a market that held great potential for our brand. As we continue to grow globally, our goal is to align ourselves with the best opportunities — and we know 52 metro vancouver new Condo Guide jun 28 - jul 12, 2013

the Trump International Hotel and Tower Vancouver will be like no other hotel and residential offering.”

Trump International Hotel and Tower Vancouver is the latest project to further contribute to the revitalization of the West Georgia corridor. Donald Trump Jr. remarks, “In adding Trump International Hotel and Tower Vancouver to our portfolio we continue our global expansion and solidify our presence in Canada, which also includes Trump International Hotel and Tower Toronto. The opportunity to work with Holborn is immensely exciting and we are eager to move forward with this project, one we are confident will be a destination for travellers worldwide and a luxurious place to call home for residents of Vancouver.”

The original twisting design of the tower maximizes the window features and views in every suite, making each unit distinctive, with no two views exactly alike. Attention to detail and personalized service will further differentiate the development. Residences will range from 644 to 2,117 sq. ft. with the penthouses between 3,500 and 4,400 sq. ft. Sales for the residential suites will begin in October 2013 with project completion expected in summer 2016.

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Insertion:

condo profile

Trio

Right place, right time, right price // By Susan M Boyce

i

t all starts with location. That would be a location where three distinct neighbourhoods — Collingwood, Granview, and Kingsway/Knight — all converge and become a whole new entity. It’s a location where you can walk to the SkyTrain in 10 minutes or The Drive in 15, where you’re close to the action of downtown Vancouver but can still enjoy the quiet of living in an established residential area.”

It’s this explanation Scott Brown, senior vice-president of Colliers International, says best describes Trio. Found at the corner of Kingsway and Commercial St. (just one block west of Victoria), Trio is a four-storey, mixed use development designed with convenience and value in mind.

Move In and Save

“Trio is one of the very rare developments in Central Vancouver that’s ready for immediate possession — meaning you’ve still got plenty of time to enjoy summer in your new digs,” Scott says.

And here’s a bonus. “With prices starting at just $289,900 and no home priced over $400,000, Trio already offers great value. But for a limited time only, we’re offering $10,000 off select floorplans,” Scott explains. “I’ve talked to a lot of people who say they’re surprised how affordable it is when compared to neighbourhoods farther east along Hastings or Kingsway — plus it’s more convenient to everything from schools and shopping to recreation and restaurants.”

Designed for Living

Inside, Trio thoughtfully includes all the features today’s savvy urbanites insist on.

Kitchens feature full-size stainless steel appliances, seamless quartz countertops, European-inspired millwork with soft-close, and a choice of high-gloss, white mosaic tile or polished European porcelain for the backsplash. There are also rich, dark laminate 54 metro vancouver new Condo Guide jun 28 - jul 12, 2013

flooring throughout main living areas, floor-to-ceiling windows, and private patios ranging from 180 to 250 sq. ft.

“Because the building is designed like a parallelogram rather than the typical rectangle, you get some truly unique floorplans,” Scott says. “It’s definitely not your typical mixed-use condominium property.”

The intriguing design, he adds, has been turning heads among a diverse group of purchasers: “We’re seeing everything from young, first time buyers to professional couples, to retirees who are selling their single-family house because they want to have money for play and travel but still want to help their kids buy a home.”

The Trio presentation centre and display suite are open noon to 5 p.m. daily except Fridays at 302 – 4338 Commercial St. (at Kingsway) in Vancouver. Move-in ready with one- and two-bedroom floorplans available. For more information, visit trioliving.ca or call 604.879.2709.

Vancouver

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 55

Industry Insider

Q&A with Michael Ferreira

Gen Y and home buying // by susan m boyce

Michael Ferreira, principal of Urban Analytics.

1

1

2 The Rolston in downtown Vancouver by Rize Alliance.

River Park Place in Richmond by Intracorp.

3

4 Meccanica in Southeast False Creek by Cressey.

Glasshouse Lofts in New Westminster by Aragon.

5

2

their office is most likely wherever they happen to be when they open their laptop, and they usually consider the landline a somewhat quaint relic of the past relying instead almost exclusively on the 24/7 connectivity of texting, social media, or email.

Also known as the Millennials, the leading edge of the burgeoning Generation Y demographic are now eager to get into the real estate market. But with Vancouver’s notoriously high prices, taking that step can be challenging. This issue, Michael Ferreira, principal of Urban Analytics, chats with New Condo Guide about some of the strategies to help Gen Y, and other first-time buyers, make the transition from tenant to homeowner.

They’re tech savvy,

Q Like many demographics, the cost of a Metro Vancouver home can be daunting for members of Gen Y looking to purchase their first home — especially in light of Canada’s tougher mortgage rules. What’s one of your favourite insider tips to help this demographic with their first home purchase?

A Consider geography and don’t get stuck on one area. Sure, lots of people want to live in neighbourhoods like downtown or Kits, but if you can’t afford to buy there now, think about some of Metro Vancouver’s other expanding city centres — especially ones located along transit. There are some great neighbourhoods located east of Cambie, for example.

Concentrate on “Best Buy” locations — neighbourhoods that have lots of early construction and presales. Not only are they likely to have ultra competitive pricing because the developer will want to sell them before construction completes, but there’s a greater potential your equity will increase over time. The three areas I like best for this are Richmond, Coquitlam, and Southeast False Creek which is now recognized as an appealing neighbourhood in its own right.

Q Negotiating has always been part of the process when you buy a resale property. How are developers sweetening the deal for people who want to purchase a brand new home where negotiating isn’t as common?

A Today’s market has so much product available consumers don’t have the same sense of urgency, the fear that if they don’t buy right now they’ll lose out on the home they want, that we experienced in ’06 and ’07. Developers

Remember that you’re buying more than a roof over your head; you’re buying a lifestyle.

56 metro vancouver new Condo Guide jun 28 - jul 12, 2013

Do developers sharpen their pencils more at certain times of the year?

Traditionally, the dog days of summer — July through mid-September — tend to be slower, so developers may be more willing to negotiate prices. Or they might already be offering deals just to get more people into their sales centres. It’s much the same concept as buying a new car — the best time for a consumer is December because not many people are thinking about replacing their car right before Christmas.

Q

A

What about saving money after you purchase?

A mortgage-helper suite is the classic way people who have a house or a townhouse reduce their monthly costs. But there’s no reason condo owners can’t achieve the same result by purchasing a two-bedroom and renting one out. Granted, having a roommate isn’t for everyone, but if you’re a single guy or gal, especially if you’re not currently in a relationship, it can be a great option and a way to take advantage of our current low mortgage rates.

Being a host in one of the homestay programs for foreign students here to study English is another option.

Q

A

3

know this. And they know people are taking the time to shop around, so there are some terrific, and very creative, incentives out there already. Mortgage buydowns, decorating allowances, pre-paid strata fees — investing time to shop around can save you some big money.

And don’t forget it never hurts to ask about extras like upgrades, any appliances that aren’t included, or even legal fees and closing costs — after all, two or three grand in your pocket is still money you get to keep. Or another successful strategy that’s common in some demographics is to split any commission bonuses offered by the developer with your realtor.

4

Any final advice?

Do your homework on the developer. Visit some of their past projects to see how they look today. And don’t be afraid to knock on doors and ask people how the developer was to deal with.

Remember that you’re buying more than a roof over your head, you’re buying a lifestyle. If most of your social network lives west of Burnaby and you buy in Langley, it’s going to be tough to get your friends to visit you. Think about things like traffic noise and the potential for future development which could mean construction noise in the future.

But most of all, when you find the home you love, go for it and enjoy it.

Q

A

Michael Ferreira is found online at urbananalytics.ca or on Twitter at @urbananalytics 5

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 57

condo profile

The Rolston Original lives here // By Susan M Boyce

i

t’s been described as iconic, whimsical, even sexy and flirtatious. But whatever your favourite descriptor, one thing’s for sure — The Rolston is something new and unique on the downtown Vancouver skyline.

“The Rolston definitely makes a bold, architectural statement,” says Karen Hoff from Pilothouse Real Estate. “Buyers are going to tell their friends ‘I live in that cool, red building at the foot of Granville,’ and everyone will know exactly which building they mean.”

And be forewarned, you might have to restrain yourself from comfort testing the ensuite soaker tub because it’s deep.

It’s beautiful too, with white surround and vertical racing strip of teal to match the kitchen.

“ T he Rolston definitely makes A bold, architectural statement.”

›› Yes You Can Afford It But here’s the best part. Developer Rize Alliance is offering some big, big incentives designed specifically to tackle Vancouver’s affordability factor head on.

“So many people love the downtown lifestyle but think they can’t afford a home in downtown Vancouver,” acknowledges Karen Hoff from Pilothouse Real Estate. “If you’re one of them, have we got a surprise for you. Now you can actually own a two-bedroom at The Rolston for less than you’re probably spending to rent a one-bedroom.”

Impossible? Not at all: “Rize will pay $1,000 a month for three years or $500 a month for six years directly toward your mortgage,” Karen explains. “That means you could get into homeownership for as little as $995 per month, and you’d be living in a very bold, edgy building in the heart of downtown’s newest neighbourhood.”

›› Cool Digs “Trendsetting” is definitely part of the lexicology at The Rolston. On the Foodie Alert Scale, the kitchen vignette display ranks top marks: high-gloss cabinetry in contemporary charcoal grey, white quartz countertops, and a dazzling teal backsplash in subway glass tile. In fact, if you’re not a foodie, this space could change your mind.

58 metro vancouver new Condo Guide jun 28 - jul 12, 2013

Plus, when you’re ready to kick back outdoors, you’ve got choice — lots of choice. First there’s your private balcony.

Or you could check out the 2,500-sq.-ft. sky garden on the16th-floor podium. And if you prefer even loftier views, The Rolston’s rooftop park is the place to be — 4,000 sq. ft. with outdoor kitchen, lounge area, even community garden plots.

The Rolston is nearing completion at Granville and Drake. Presentation centre open noon to 5 p.m. daily except Fridays at 140 – 1265 Granville St. (right across the street).

Priced from $459,900. For more information visit therolston.com or call 604.688.8927.

“VANCOUVER IS NOT AFFORDABLE...?"

The Rolston IS!

YOU CAN OWN A TWO BEDROOM HOME IN DOWNTOWN VANCOUVER FOR LESS THAN IT COSTS TO RENT A ONE BEDROOM. For a limited time, purchase with 5% down and receive $1,000 off your mortgage every month for the next three years.

With a mortgage payment starting at $995/mo, The ROLSTON IS AFFORDABLE!

Marketing/Sales by:

PRESENTATION CENTRE

#140 – 1265 Granville Street Open Sat-Thu 12-5pm, closed Fri.

604.688.8927

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

COME VISIT US AT THE ROLSTON PRESENTATION CENTRE FOR FULL DETAILS. TWO BEDROOM DOWNTOWN HOMES STARTING AT $459,900.

THEROLSTON.COM

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 NO 5 RD

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NO 3 RD

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Richmond Hwy

NO 6 RD

NO 5 RD

91

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RICHMOND NATURE PARK

GRANVILLE AVE

99

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Presentation Centre No 3 Rd and Bennet 604.278.3939

6160 London Road No 2 Rd. and London Rd. 604.274.7326

41ST B ST

A4. harmony

U R DR

A2. parc riviera

www.riverparkplaceliving.ca 604.282.7838

A5. the pier at

london landing

ARTH

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12TH AVE

56TH ST

6TH AVE

60 metro vancouver new Condo Guide jun 28 - jul 12, 2013

se rR 62ND B ST

B ST 28TH AVE

A1. Saffron

10111 River Drive 604.231.5900

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Richmond

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#101-8600 Park Road 604.270.2482

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richmond/delta/ladner/tsawwassen

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 61

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.

TO ADVERTISE CALL 604.519.6080 大溫哥華版 June 28 - July 12, 2013 Volume 21 Issue 13

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MoneY MAtterS

12 steps to getting

// BY GAiL vAZ-oXLAde

FinAnciALLY orGAniZed Set-uP 1. Gather all your paperwork. Create a file folder for each of the following:

Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade

›› Chequing accounts ›› Savings accounts ›› Retirement accounts ›› Investment accounts ›› Credit card accounts ›› Loans ›› Personal lines of credit ›› Mortgage ›› Insurance: life, disability, health, critical illness, home, car ›› Tax returns ›› Estate: wills and powers of attorney 2. Welcome to 21st century banking

If you don’t already have it, set up telephone or Internet banking for your accounts.

3. Reduce fees by setting up a buffer

If you can afford it, transfer $1,000 float to your chequing account (pretend it isn’t there) and use that to minimize your banking costs.

4. Save automatically

Create an auto-debit from your chequing account to a savings account that will not be touched. Most people won’t put money into a savings account on a regular basis, opting to wait for a

tax-refund or bonus before setting aside some money for the future. Establish an automatic savings deposit every month and your nest egg will accumulate faster than you think.

5. Create a monthly bill summary

List your bills in the date order they need to be paid to prevent you from missing a bill. If you have bills that are paid automatically from your account, write an “A” beside these bills and remember to deduct them from your spending journal at bill payment time each month.

6. Set up your in baskets

Create an in basket with two bill folders labelled “1-15” and “16-31.” When a bill comes in, look at the due date and put the bill it in the appropriate folder. Recycle all the marketing crap in the envelope. Create a second in-basket with three folders labelled “bank statements”, “bills paid” and “tax receipts.” weekly 7. Make a date with your money

On the 12th and 28th of each month, set aside the time in your schedule – you’ll need about 30 minutes – to pay your bills.

On the 12th and 28th of each month, set aside the time in your schedule – you’ll need about 30 minutes – to pay your bills.

64 Metro vAncouver new condo Guide jun 28 - jul 12, 2013

List your bills in the date order they need to be paid to prevent you from missing a bill.

Always pay your bills in one place – a place that you’ve equipped with the following: your bill paying system, a spending journal, envelopes, stamps, pens, pencils, a calculator, tape, a stapler, return address labels and a recycling bin.

When you pay a bill, write the cheque or transaction number, amount paid and the date you paid it on the bill. Put the paid bill in your “Bills Paid” file. Deduct the amount you’ve spent from your spending journal. If a bill has not been paid in full (tax bills are paid over several months, for example) put it back in your folder so you don’t forget it.

Monthly 8. Reconcile your bank statements

When your bank statements come in, put them in your inbox folder. Make a date when all your statements are in (it will depend on when you receive them) to: ›› Review your statements to make sure there are no mistakes ›› Reconcile your spending register; clearly mark the cheques that have been returned to you and highlight the ones in your spending register that haven’t yet cleared the bank. A cheque that takes a long time to clear in the bank can lull you into thinking you have more money than you do. Go back at least a month to make sure all previous cheques have cleared. ›› Talk about anything unusual Quarterly 9. File

Once a quarter, file all of your paperwork to keep your system current.

10. Talk

Have dinner with your business partner and talk about the bumps, your goals and how you’re doing.

Annually 11. Revamp your budget

Review your budget using last year’s credit card and bank statements to see what you actually spent. If you spent more on a particular category, make sure you know why or look for ways to trim.

12. Clean up

Go through your files at the end of each year and throw out bills and receipts no longer needed for auditing/ budgeting purposes.

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 65

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

228TH 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

HAMMOND RD

227TH ST

4

DEWDNEY TRUNK RD

224TH 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

y

Hw

104TH AVE

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

22245 Lougheed Hwy. 604.467.8884

4. 223 north

#101 - 22318 Lougheed Hwy. 604.463.0588

66 metro vancouver new Condo Guide jun 28 - jul 12, 2013

JAC KS O

ed

ghe

Lou

N

DR MACLU RE

240TH ST

OTTAWA ST

Pitt Meadows | Maple Ridge

Pitt Meadows/Maple Ridge

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 67

condo watch

Altus Burnaby On the Street: Willingdon and Lougheed On the Web: solodistrict.com Info: 604.298.8800

CentreBlock at UniverCity Burnaby On the Street: 9055 UniverCity High St

Condo market watch Condominium homes to keep your eye on

On the Web: libertyhomes.ca Highlights: Now accepting priority registration, CentreBlock will be Liberty Homes’ third and largest addition to SFU’s UniverCity community — 184 homes in total. Featuring contemporary living spaces, with open-concept floorplans, these one- and two-bedroom apartment homes are a great opportunity for the first time homebuyer or investor.

Centrally located in the heart of UniverCity, CentreBlock is just steps to elementary schools, day care, Nester’s Market, and the diverse amenities of Simon Fraser University. A limited collection of three-bedroom townhomes is also available. Coming this fall.

The Ridge at Bose Farms Surrey

Trophy at the Pier North Vancouver

On the Street: 64th Ave. and 152nd St.

On the Street: 172 Victory Ship Way

On the Web: theridgeatbosefarms.com

On the Web: thepier.ca

Be sure to priority register early for the first phase in this unique, master-planned community that brings new life to an old landmark. Situated on the historic site of Bose Farms, these four-storey condominiums will feature architecture inspired by the neighbourhood’s agricultural past and interiors to satisfy today’s savvy, urban homeowners. And here’s a cool bonus.

In addition to a brand new amenity building, the site’s original barn will be restored so it can take on a second life for community gatherings like summer dances or weddings. Floorplans range from junior one-bedrooms to twobedrooms with den. Sales anticipated to begin this fall.

Info: 604.983.9065

Highlights:

68 metro vancouver new Condo Guide jun 28 - jul 12, 2013

Highlights: The newest phase at Pinnacle International’s waterfront community in Lower Lonsdale, North Vancouver, Trophy is now accepting priority registration. Boasting an unabashedly luxurious style, these condominium residences feature Italian Scavolini kitchens, air conditioning, and Bosch appliance package. Penthouses include private rooftop decks with hot tub. All homeowners have access to the Pinnacle Hotel amenities and concierge service. Early buyers can also take advantage of a wide selection of options to customize their home. Sales centre for the entire community is open noon to 5 p.m. daily except Fridays.

Highlights: The next phase of Appia’s dazzling master-planned community Solo District, Altus lays claim to being the Burnaby’s tallest tower — 55 storeys in total. Centrally located in the rapidly evolving Brentwood neighbourhood, these homes offer nine-ft. ceilings, open floorplans for contemporary living, oversized windows, and kitchens sure to kick your culinary creativity into high gear. All this plus geothermal heating and air conditioning, a spectacular 5,000-sq.-ft. rooftop amenity space, and panoramic views in all directions. Just steps to the SkyTrain that can whisk you to downtown Vancouver in about 15 minutes. And with prices starting at $305,900 for a one-bedroom, Altus is affordable too.

Hudson’s Loft Abbotsford On the Web: hudsonsloft.ca Info: 604.864.8948

We goofed last issue. The correct name of this project is Hudson’s Loft (not Hudson Lofts as printed). We apologize for any confusion this caused. For more in-depth information, be sure to check out this issue’s full editorial on this innovative, amazingly affordable condominium.

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.

Single entry lounge pass starting from $33.25 tax inclusive ($24.50 children ages 2 – 11) for 2 hours lounge use. 3 hour and 6 hour lounge use also available** ** Online bookings only; higher rates apply for walk-in lounge use

All amenities are included in the price of entry including bar service after 11:00 a.m. (Toronto, Vancouver) and 10:00 a.m.

(Edmonton)

For online bookings go to www.plaza-network.com/booking/FlightInfo.aspx?ECONREF=W2W2013

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

I NS

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

AVE

MA SW AY

A3

SOUTH FRASE R WAY

SUMAS WAY

EVANS RD

B ROADWAY ST RD

LUCKAKUCK WAY

ER

MCCALLUM RD

D

CLEARB ROOK RD

COTTONWOOD MALL

R IV

TOWNLINE RD

KING RD

ABBOTSFORD INTERNATIONAL AIRPORT

PRAIRIE CENTRAL RD

W

CK IWA I LL

NR

D ER YAL

CH

MA

A2

RD

LE H

D G RR D UN M YOTCO A WH

BEVAN AVE

RD

CHILLIWACK MUNICIPAL AIRPORT

O

MARSHALL RD

ORT

AIR P

AIRPORT RD

LE YA

MT

KE E

LD

A3

BROOKS AVE

MC

SIMPSON RD

MARSHALL RD

Mission

YOUNG RD

RN

DE

CHILLIWACK CENTRAL RD

WHATCOM RD

A1

A4

SU

YB U CLA

E

D

OLD

D

MACL URE R

Hwy 11

GLADWIN RD

Lougheed Hwy

Lougheed Hwy

YA LE R

RD

FRASER CRESENT

MCMILLIAN RD

OLD YALE

CLEARBROOK PARK

CHARLES ST ROAD SLAVE LAKE

DG

R LE YA

MURRAY STREET

DA R

HO

CE

U CL MA

RE

HWCLEARBR Y 11 OOK RD

TOWNLINE RD

MT LEHMAN RD

WREN STREET

VA LL EY

CO

NN

GRAND STREET

EC TO R

7TH AVE KINSMEN EAST PARK

KNIGHT RD

HUNTINGDON RD

Abbotsford

Abbotsford A1. Brooklyn

Maclure Rd. & Gladwin Rd. 604.746.3496

HIGGINSON RD

A2. waterleaf

STEVENSON RD

A3. hudson’s loft

S SUMAS RD

3068 Gladwin Rd. 604.864.8948

Clearbrook Rd. &

Mt Waddington Ave. 604.557.1047

WATSON RD

VE DDER RD

A4. lift

THOMAS RD

WATSON GLEN PARK

WEBSTE R RD

KEITH WILSON RD

70 metro vancouver new Condo Guide jun 28 - jul 12, 2013

C h i l l i w ac k

PROMONTORY RD

Old Yale & Whatcom Rd. 604.850.3694

IT’S NOT TOO LATE TO...

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

2013 BuildersAnnual.com

BUILDER & DEVELOPER

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

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

Metro Vancouver’s finest new home builders and condo developers

AN INSIDE LOOK AT

Mortgage smarts – separating fact from fiction

NewCondoGuide.com

Buyer expectations and demographics fuel Vancouver’s housing market

rd!

homebuyers’ help

condo buyers’

resource section

You love the condo, see what you can afford!

Calculate your mortgage payments using the mortgage payment calculation chart

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 73

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.

74 metro vancouver new Condo Guide jun 28 - jul 12, 2013

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.

Mortgage payment calculation chart

%

Amortization Periods

Interest Rates

10 years

15 years

20 years

25 years

30 Years

3.00%

9.65

6.90

5.54

4.73

4.21

3.25%

9.76

7.02

5.66

4.86

4.34

3.50%

9.88

7.14

5.79

4.99

4.48

3.75%

9.99

7.26

5.91

5.13

4.61

4.00%

7.38

6.04

5.26

4.76

10.11

4.25%

10.23

7.50

6.17

5.40

4.90

4.50%

10.34

7.63

6.30

5.53

5.04

4.75%

10.46

7.75

6.44

5.67

5.19

5.00%

10.58

7.88

6.57

5.82

5.34

5.25%

10.70

8.01

6.74

5.96

5.49

5.50%

10.82

8.14

6.85

6.10

5.64

5.75%

10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

6.50%

11.31

8.66

7.41

6.70

6.26

6.75%

11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

8.50%

12.32

9.76

8.59

7.95

7.59

8.75%

12.45

9.90

8.74

8.12

7.76

9.00%

12.58

10.05

8.86

8.28

7.93

9.25%

12.71

10.19

9.05

8.45

8.10

9.50%

12.84

10.33

9.20

8.62

8.28

9.75%

12.97

10.48

9.36

8.78

8.45

10.00%

13.10

10.63

9.52

8.95

8.63

10.25%

13.24

10.77

9.68

9.12

8.80

10.50%

13.37

10.92

9.84

9.29

8.98

10.75%

13.50

11.06

10.00

9.46

9.16

11.00%

13.64

11.22

10.16

9.63

9.34

11.25%

13.77

11.36

10.32

9.80

9.52

11.50%

13.91

11.52

10.49

9.97

9.70

11.75%

14.04

11.66

10.65

10.15

9.88

12.00%

14.18

11.82

10.81

10.32

10.06

12.25%

14.32

11.97

10.98

10.49

10.25

12.50%

14.46

12.13

11.15

10.67

10.43

12.75%

14.59

12.28

11.31

10.85

10.61

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 jun 28 - jul 12, 2013 metro vancouver new Condo Guide 75

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 Call Call From $179,900

604.456.8883 604.291.9130 libertyhomes.ca 778.331.0348 604.288.7394 604.320.3386 liveatburnabyheights.com 604.899.8800 604.435.9477 604.435.9477 604.435.8866 604.889.7008 604.431.6033 604.754.7338 604.437.0100 604.294.4995 604.525.8496 604.435.8866 604.298.8800 604.438.1113 604.218.3338 604.294.3339 veniceliving.ca 604.970.9606 604.874.9232

From Mid $200’s Call Coming Soon From $209,900 Coming Soon Call Coming Soon From $351,500 Call From $439,900 From $495,900 From $293,900 Call From $274,900 From $239,900 Call Call From Low $300’s From $249,900 Call From $249,900 From $470,000’s Coming Soon From $259,900 From $299,000

aBBotSFord

Abacus Uptown Brooklyn Lift Mahogany at Mill Lake Waterleaf BUrnaBY

Altitude Aviara CentreBlock at Univercity Highland House Kabana Lift Madison Met, The Metro One Metro Two Metroplace North Parc OakTerra Oro Panacasa Perspectives Reflections Silver Solo District Station Square Trio Vantage Venice Vibe Wall Centre Central Park

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

Como Easton Emerson Evergreen Grand Central 2 Grand Central 3 Hazel MTwo MThree Maya Mackin Park Oasis Tamarack

tYPe

c o n ta c t

Price

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

604.939.0018 604.936.2012 604.936.9300 604.942.2672 604.936.1888 604.936.1888 778.829.1500 604-472-9555 604.472.9555 604.288.9888 604.939.8874 604.464.2701 604.552.3003

From $208,800 From $339,900 incl. all tax Call From $267,900 From $309,900 Call From $220,500 From $599,900 From $291,900 Call From $199,900 Call From $299,900

LR

604.940.5533

From $324,900

LR LR

778.565.3879 604.590.8003

Call From $199,900

604.882.8857 604.530.7011 604.534.6000 604.533.7718 604.568.3385 604.427.3311 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 Coming Soon From $199,900 Call Call From $224,900 From $149,900 From $179,900

LR LR LR LR LR

604.463.0588 604.318.5254 604.466.8783 604.477.1500 604.467.8884

From $139,900 Coming Soon From $149,900 Call Coming Soon

HR LR HR

604.377.9630 604.694.1188 604.523.0733

Call Coming Soon Call

Ladner

Canu nortH deLta

Atria Luxor LanGLeY

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

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

MaPLe ridGe cHiLLiWacK / SardiS

Garrison Crossing La Cason

SF/LR/TH LR

604.824.5062 1.800.830.7175

Call From $184,900

604.472.1123 604.931.0302 604.939.8808 604.552.7744 ledmac.com/charland

Call From Low $200’s From $249,900 Coming Soon Call

coQUitLaM

1123 Westwood Austin Bloom Celadon Charland

HR HR LR/TH HR LR

Penthouse (PH)

Real Estate Sales & Marketing From the ground up

Live Work (LW)

city Home (cH)

223 North Cascada Edge on Edge Falcon Centre Parc Vue neW WeStMinSter

258 on Sixth Brewery District Carlyle at Victoria Hill High rise (Hr)

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 76 metro vancouver new condo Guide jun 28 - jul 12, 2013

Mid rise (Mr)

all tax

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 c o n ta c t P r i c E

P r o j e c t T Y P E c o n ta c t P r i c E

Dominion HR 604.525.8980 Call From $218,900 Duo at Port Royal LR 604.520.9890 Elliot St HR 604.524.8080 From $224,900 Glass House Lofts LR 604.520.9890 Call Grove, The LR 604.523.0733 Call Northbank HR 604.523.0081 From $266,000 Parkside HR 604.523.0733 Call Trapp & Holbrook HR 604.525.0223 From $299,900 Viceroy LR 604.522.2583 From $321,900 NORTH VANCOUVER

15 West HR 604.980.9949 From $340,000 LR Coming Soon 221 East 3rd LR/LW 604.984.0700 From $299,000 700 Marine Drive HR 604.988.8800 From $200,000’s Anchor MR/TH 604.983.9065 Call Atrium at the Pier Canyon Springs LR 604.871.4126 Coming Soon MR 604.929.8870 Call Capstone LR 604.929.1915 From $289,900 Destiny 2 at Raven Woods Drive, The LR 604.986.8138 Call Kimpton, The LR 604.988.3020 From $359,900 Landing, The MR 604.983.9065 Call Local on Lonsdale 604.998.0219 From $309,900 hr/LR/th Maplewood North LR 604.727.1594 From $378,900 Northlands LR 604.800.2120 From $244,900 LR 604.638.6240 From $309,900 Orizon MR 604.983.9065 Call Pinnacle Residences at the Pier Prescott, The HR 604.969.3333 From Mid $200’s LR 604.924.4488 Call Remix HR seylynn.ca Coming Soon Seylynn Vilage LR 604.924.5595 From $299,900 Versatile Building, The LR HR LR

778.846.3200 604.460.8998 604.460.6601

Call Call From $134,900

LR LR LR LR LR HR

604.468.8252 604.464.4764

Call From $175,000

PORT MOODY

Residences, The

HR

604.552.0552

Call

RICHMOND

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

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

604.274.7326 Call 604-231-0588 From $298,800 778-297-6222 From $298,800 604.276.0677 Call 604.244.7721 From $379,900 604.270.8305 From $389,900 604.233.7748 From $252,800 604.244.8333 From $296,000 604.271.3331 From $254,900 604.278.3939 From $288,800 604.233.1687 From $299,900 604.233.7748 From $288,900 604.278.8883 From $299,900 604.303.7575 From $464,900 604.278.8838 Call 604.231.5900 Call 604.274.7326 Call 604.279.8866 From $211,900 604.278.8838 Call 604.282.7838 From $299,900 604.247.8885 Call 604.233.2633 Call 604.233.2633 Call 604.270.2482 Call

Aqua Elaho University Heights

TH/LR TH LR

1.877.344.5566 604.898.2232 1.888.852.7575

From $239,000 Coming Soon Call

SURREY

PORT COQUITLAM

Avanti Burleigh Walk Carmandy La Vie Orchid Shaughnessy, The

LR LR

SQUAMISH / WHISTLER

PITT MEADOWS

Cedar Downs Solaris at Meadows Gate Liv42

South Verde Valorie on the Park

604.468.2707 604.464.5856 604.435.9477 604.475.5100 604.866.4206 604.468.8252 Penthouse (PH)

Call From low $199,900 From $209,900 Coming Soon From $149,900 Call Live Work (LW)

City Home (CH)

3 Civic Plaza Ascend Atria Balance Citypoint Connect Edge High Rise (HR)

Mid Rise (MR)

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

3civicplaza.ca Coming Soon 604.596.2202 From $170’s 778.565.3879 Call tiensher.com Coming Soon 604.580.4199 From $186,900 778.395.1886 From $118,800 778.395.7704 Call

Loft (LO)

jun 28 - jul 12, 2013 metro vancouver new Condo Guide 77

P r o j e c t T Y P E c o n ta c t P r i c E

G3 Residences HR 604.453.6688 Latis LR 604.575.0669 Latitude LR 604.596.5075 Lumina LR 604.760.7672 Manarola LR 604.825.1038 Monterosso LR 604.596.8828 Park Avenue HR 604.583.9866 Park Central LR 604.817.5852 Park Place HR 604.583.9866 LR 604.581.8000 Quattro Ultra at West Village TH/HR 604.588.6999 Verve LR 604.588.3783 Wave HR 604.951.9283 CLOVERDALE Esplanade at Waterstone LR 604.530.5399 Latis LR 604.575.0669 One92 LR 604.576.1772 LR 604.530.0054 Salix

P r o j e c t T Y P E c o n ta c t P r i c E

Call From $194,900 From $264,900 From $249,900 From $179,900 Incl. GST From $249,900 250 Homes Under $250 From $289,900 Call From $159,900 From $186,900 From $160’s Phase 2 Coming Soon

From $219,900 From $194,900 From $169,900 From $229,900

VANCOUVER & AREA DOWNTOWN

999 Seymour Alexandra Central Fairmont Pacific Rim Estates Keefer 188 Keefer Block Maddox Mark, The Modern One Pacific Pacific Pt. Ritz, The Rolston, The Sapphire, The

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

604.879.9996 From $327,400 604.899.8800 From $869,900 604.687.4353 Call 604.781.4303 Call 604.620.2018 From $239,900 604.682.8813 From $269,900 604-669-8200 $389,900 604.687.4353 Call amacon.com From $300’s 604.899.8800 Coming Soon 604.685.0855 From $349,900 604.876.9222 From $829,900 604.688.8927 Call 604.876.9222 From $699,900

EAST SIDE

238 W Broadway 2nd & Commercial Block One Bohème Charm Evan Local Main Street Majestic On Main Shine Shoreline Skyway Wall Centre 900 Hastings Wall Centre Central Park

LR LR HR LR LR MR LR LR LR MR LR HR MR HR

238westbroadway.ca Call 604.800.8862 From $269,900 604.682.8801 Call 604.569.3388 From $227,900 604.330.8838 From $266,900 604.872.0331 From $269,900 604.688.5527 From $349,900 604.877.1116 From $339,900 604.657.5362 From $347,500 604.261.3936 Coming Soon 604.434.2205 From $399,900 604.436.1100 Call 604.683.0900 From $249,900 604.874.9232 From $299,900 Penthouse (PH)

Live Work (LW)

City Home (CH)

WEST SIDE

700 West 8th HR 5555 Dunbar LR HR 6 & Fir Academy HR Arbutus Ridge MR Cambie & 7th HR/TH Collection 45 LR LR Elizabeth James MR Kits360 LR Lido HR LR Maynards Block, The MC2 HR Meccanica HR HR Opsal Pinnacle Living Broadway MR Pinnacle Living False Creek MR Prelude MR Radius

Riley, The LR Sail LR Shannon Wall Centre Kerrisdale LR Sixth and Willow HR The Village on False Creek LR Westerly, The Yu MR

604.714.2213 From $819,900 604.568.7551 Call 604.899.8858 From $449,900 604.228.8895 From $488,000 604.738.0001 Call 604.568.5060 Call 604.569.1555 Call 604.877.1722 Call 604.675.1000 From $424,900 604.737.0360 From $379,900 604.872.2672 From $458,900 604.893.8378 From $262,900 604.638.9998 From $259,000 604.876.8819 From $394,900 604.876.7332 Call 604.739.2080 From $429,900 604.874.8368 From $369,900 778.986.7860 Call ledmac.com/radius Coming Soon 604.616.7008 From $347,500 604.221.8878 Call 604.267.8882 Call sixthandwillow.com Coming Soon 604.733.2010 From $390,500 604.558.3399 From $300,000’s 604.827.3488 From $452,400

tsawwassen

Tsawwassen Springs

SF/LR

604.948.HOME

Call

WEST VANCOUVER

Evelyn Galleries on the Bay

LR LR

604.922.0330 Call 604.836.7355 From $490,000

WHITE ROCK / SOUTH SURREY

Adagio Avra Edgewater Gemini Headwaters Heights, The Morgan Crossing Royce Saltaire Sausalito Winter Street High Rise (HR)

Mid Rise (MR)

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

604.531.6659 From $288,900 604.531.9030 From $319,900 604.535.9655 From $229,900 604.536.1663 Call 604.535.1451 From $259,000 778.545.8737 Call 604.582.1336 From $279,900 604-538-8028 From $339,000 ledmac.com/saltaire Call 604.538.3237 Call 604.364.7455 From $299,900

Loft (LO)

New homes available throughout

www.macmarketingsolutions.com Metro Vancouver & Calgary We sell the homes you want to buy. /MacMarketingSolutions 78 metro vancouver new Condo Guide jun 28 - jul 12, 2013

@MAC_Marketing

/MACMSTube

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think finding a home is a lot more than simply finding the right property.

That’s why we put you right in the middle of the search process.

Search your favorite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

Visit the new real estate section on canpages.ca and start looking for that special place.

Powered by

A MONTH

$999

OWN FOR JUST

ST

T

ORMIDALE ST

CENTRAL PARK

SS

NE

VA N

AV E

BURKE ST

E

S E

S E SE

315

318 511

620 709 819

E 454 A5 N 506 A3b NE

855 953 954

1 BR+FLEX

$1,465

$921

$903

$948

$933

$1,048

$1,056

$866 $948

$940

$926

$1,193

MONTHLY

A1b

1 BR+FLEX

1 BR+FLEX

WALLCENTRECENTRALPARK.COM

OPEN DAILY 12-5PM CLOSED FRIDAYS 604.874.9232

NOW SELLING AT BOUNDARY AND VANNESS

2603 N 506 A3b

W

$1,007

MANAGED BY

MARKETED BY

$286,900 $1,067

$270,900

481

$283,900

$232,900 $254,900

$252,900

$248,900

$320,900

PRICE

$246,900 $918 $298,900 $1,111

$393,900

$247,900

$242,900

$254,900

$250,900

$281,900

$298,900 $1,111

$932

MONTHLY

2310

1 BR+FLEX

1 BR+FLEX 1 BR+FLEX

1 BR+FLEX

1 BR+FLEX

2 BR

TYPE

1 BR+FLEX 1 BR+FLEX

2 BR+EB

1 BR

1 BR+FLEX

1 BR+EB+FLEX

1 BR+FLEX

1 BR+EB+FLEX

PRICE $250,900

635 A12 1 BR+D+FLEX $333,900 $1,242 454 A5 1 BR+FLEX $242,900 $903

A6

TYPE 1 BR+FLEX

1057 E 1505 E

584

A3b

N

853

506

N 506 A3b

B10

653

620

E

VIEW AREA

205

UNIT

PLAN

A3 A7

820 S 495 1003 W 569

TOWER 2

B4

A11

A3

A10

A3

A9

A7

A1a

PLAN

764

511

495

548

495

588

W 569

303

473

W

VIEW AREA

301

UNIT

TOWER 1

HERE ARE SOME EXAMPLES OF THE INCREDIBLE VALUE

THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN WITHOUT NOTICE. MONTHLY MORTGAGE PAYMENTS ARE CALCULATED BASED ON PURCHASE WITH A 20% DEPOSIT AND A FIXED MORTGAGE RATE OF 3.55% WITH A 30-YEAR AMORTIZATION PERIOD. E.&O.E.

KINGSWAY

E YC JO

WE ARE PROUD TO SHOW THEM!

PRICES SO GOOD

VANCOUVER IS AT WALL CENTRE CENTRAL PARK!

300+ FAMILIES AGREE THAT THE BEST VALUE IN ALL OF METRO

TENANT FOREVER?

DO YOU WANT TO BE A

BOUNDARY RD

THE TRI-CITIES BEST VALUE: MOVE IN TODAY

HAU

GHN

ESSY

ST

oWn

am

From

$8o7

/month

*

* at thE shaughnEssY: port Coquitlam

ONNI.COM YOUR NEW HOME AWAITS

World-Class Shopping Located across from Coquitlam Centre and steps to the future Evergreen Line Lincoln Station, Oasis is at the centre of convenient living.

SAVE UP TO

$35,000 FOR A LIMITED TIME

• Stunning views • 5 minute walk to the future Evergreen Line • 25,000 sq.ft. of amenities including a professional fitness centre and outdoor lap pool & hot tub • Now Selling homes from 510 – 915 sq.ft.

Coquitlam Starting From

$269,900

Urban Village Convenience The Residences is nestled in a quiet corner of Suter Brook Village, home to Thrifty Foods, Cobs Bread, Starbucks and a host of other shops & services.

• Steps to the future Evergreen Line Inlet Centre Station • Views of Burrard Inlet and the mountains • 30,000 sq.ft. of amenities including a fitness centre, social lounge, and multi-sport court • Now Selling homes from 650 – 2,115 sq.ft. and featuring unique two level skyhomes

Port Moody Starting From

$323,900

PORT MOODY’S MOST

PRESTIGIOUS

NEW ADDRESS

• •

•

•

OWN A 2 BED HOME FROM $807/MONTH Unbeatable Concrete Value Next to Lions Park, The Shaughnessy is Port Coquitlam’s first high-rise. The 26-storey tower is steps to downtown Port Coquitlam and close to the West Coast Express.

• Features gorgeous unobstructed views • Conveniently located across from Safeway, Shoppers Drug Mart and Earls • Amenities include a professional fitness centre and beautiful rooftop garden • Now Selling 2 bedroom homes from 830 – 2,100 sq.ft.

Port Coquitlam 2 Bedroom Homes Starting From

$295,250

THE TRI-CITIES BEST VALUE: MOVE IN TODAY

liVE ConnECtEd With the Evergreen Line expected to complete in 2016, the Tri-Cities

JOHNSON ST

will be connected to every corner of the Lower Mainland.

LAFARGE LAKE LAFARGE LAKE/ DOUGLAS STATION

port moodY BURRARD INLET

Y WA

IL

Coquitlam

MOODY CENTRE STATION

LOUGHEED HWY

FuturE EVErgrEEn linE

LIVE ON THE EVERGREEN LINE

COQUITLAM CENTRE

NES SY S T

INLET CENTRE STATION

LINCOLN STATION

SHA UGH

GU

COQUITLAM CENTRE STATION

W

moVE in todaY!

PINETREE WAY

IOCO RD

D

OR DF

Es tC oa st

EX

pr

Es s PORT COQUITLAM STATION

port Coquitlam

VISIT A PRESENTATION CENTRE opEn dailY 12–6 (EXCEpt FridaY)

OASIS

THE RESIDENCES

THE SHAUGHNESSY

#3207–2955 Atlantic Ave Coquitlam 604 461 2750

#1402–301 Capilano Rd Port Moody 604 552 0552

#905–2789 Shaughnessy St Port Coquitlam 604 468 8252

onni.Com *Prices & incentives are subject to change or be withdrawn without notice. **For The Shaughnessy price quoted based on hypothetical purchase price of $319,000 for a two bedroom suite, applied credit towards monthly payments over 24 months, 5% down payment, 25 year amortization at 2.99% over a 5 year term. Please ask sales representative for further details. E. & O.E.