BC New Home Guide - 25 Jan., 2013

Jan 25 - Feb 8, 2013 Volume 21 Issue 02

inside this issue

Q&A WITH GVHBA’S BOB DE WIT

SHOWHOME REVIEW: CARTE BLANCHE IN COQUITLAM

NOT ALL LINES OF CREDIT ARE CREATED EQUAL

BUILDING BETTER HOMES From deliberating every detail and making the most of every inch to creating beautiful street appeal, our obsession with design is evident in each home we build.

EMERSON AVAILABLE SAT, FEB 2

RILEY

ELIZABETH

FROM $349,900*

DOORS NOW OPEN

*Please ask us for details. Prices are subject to change. E.&O.E.

WEST COQUITLAM 604.936.9300

BURKE MOUNTAIN, COQUITLAM 604.552.1402

BURKE MOUNTAIN, COQUITLAM 604.468.7688

METROTOWN, BURNABY 604.435.5565

WESTSIDE, VANCOUVER 604.877.1722

PORT COQUITLAM 604.469.8988

METRO FINAL 3 HOMES

ROXTON

DOMINION

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ER

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FR

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OPEN DAILY (except Friday) Y

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ed

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anada

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Hw y

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he

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ug

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EX LO CL CA US TIO IVE N

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4 metro vancouver new home guide | jan 25 - feb 8, 2013

jan 25 - feb 8, 2013 | metro vancouver new home guide 5

Get MORe fROM yOuR new hOMe. More means vibrant, desirable locations with green spaces to enjoy the outdoors.

More means innovative architecture, and more choices for today’s homeowner.

What does “MoRe” Mean to you?

More means improved livable spaces with personalized options. More means flexible floor plans, modern features, and high quality finishes.

When you want to experience more in a new home, you’ll find it with Woodbridge.

CENTRAL LOCATION

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QUALITY HOMES BUILT BY

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wbhomes.ca Sales Centres open: 12 - 5pm (except Fridays)

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ys)

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8 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

PrICEs ArE subjECt to ChANGE. E.&o.E.

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% LD! 0 8 SO R E Y OV EAD R AL

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Life never looked so good. Visit VantageLiving.ca or follow us on Facebook / VestaProperties

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

contents Jan 25 - feB 8, 2013

||

volume 21 issue 02

PAGE 18

In the news BMO Canadian housing outlook 2013

cover story

p.16

ABBEY ROAD Taking quality to heart in South Surrey

60

special features 12

ediTor’s noTe

20

Q&A

GVHBA on the move: Q&A with Bob De Wit

by Susan M Boyce

22

on The horiZon

Checking out what’s hot and new in the Lower Mainland and beyond

by Susan M Boyce

60

shoWhome revieW

Carte Blanche – light French Country and a touch of fun add personality to Coquitlam showhome

by Janine Mackie

010-011 VAN Contents_AY-WK.indd 10

1/22/13 4:00:00 PM

vice-president, wall2wall media

Jacqueline Hill

director of sales, western canada

Josh Heppner

ACCOUNT EXECUTIVEs

David Bird 604.319.7102 Brenda Everitt 604.319.7103 editor-in-chief, National real estate

20

Susan Legge Editor

Wayne Karl

50

art director

Julie Yoo

production manager

Bala Gnanapandithan graphic designer

Alexander Yakubovich production co-ordinator

Laura Northmore editorial WRITER

Susan M Boyce CONTRIBUTING editorial WRITER

Janine Mackie

sales coordinators

Ranee Pal (on leave), Justin Salvador national account manager Western Canada

Frank Franco 778.847.9311

national account manager Eastern Canada

Maureen O’Byrne 416.784.5200, ext.3349 national account manager, mediative

homebuyers’ help

in the news

district maps

Paul Slizys

50 The mortgage minute

18 IN THE NEWs

14 South Surrey

Published by

Not all lines of credit are created equal

by Peter Kinch

72 fundamentally speaking It’s never too early to begin your tax planning

by Wayne Karl

76 Listing directory

Complete listings of more than 250 new-home developments throughout Vancouver and the Lower Mainland

010-011 VAN Contents_AY-WK.indd 11

Housing market ‘soft landing’ to dissipate by mid-year: BMO

White Rock

24 Surrey

Langley

48 Vancouver 52 Burnaby 56 Tri-Cities 64 Pitt Meadows

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

The Vancouver New Home Guide is a free publication published 25 times per year. Submit articles or advertising to Suite W020 4664 Lougheed Highway Burnaby, BC V5C 5T5 Phone 604.519.6080 Fax 604.519.6088

Maple Ridge

68 Richmond

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

Copyright 2013

1/22/13 4:00:10 PM

editor’snote

What rules your new-home choice?

Lifestyle increasingly influential for buyers

N

ew-home buyers are often driven by different influences, but there’s no doubt lifestyle is an increasingly important factor. Whether you’re considering a home near the beach, a golf course or a city penthouse or pied-à-terre, you’re likely looking to compensate for what you don’t have in your current residence.

The amount of living space is usually the issue – either too much or too little. Most young families are looking for more living space, which is why builders are designing homes with interiors that maximize every square foot of living space to make the most of your money.

As we get older, the quest for living space may take a different direction. Downsizing is usually the answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or pied-à-terres in the city. An urban location gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home.

In today’s hectic world, your new home will be your retreat, so it’s important to find is to find a home that suits your needs and lifestyle. In this issue, we profile new communities which offer the perfect place to put up your feet, plus the latest industry news and features about buying and owning a new home.

Enjoy!

Susan Legge EDITOR-IN-CHIEF Wall2Wall Media,Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

Tax time – embrace it

Preparing for this unsavoury topic earlier helps reduce the sting at deadline time

W

e’re approaching February already – a period we often associate with blahs, but also a month worth celebrating, given that it’s the shortest of the year, and March and spring soon follow. And while the deadline for 2012 Registered Retirement Savings Plan contributions isn’t until March 1, and April 30 for filing your 2012 income tax return, perhaps we need to start thinking of February in a different light altogether.

Indeed, coming up in our two February issues is our Tax Matters content; the idea was to explore this topic in advance of filing deadlines, to help readers learn about opportunities to take advantage of while they still can.

But, heeding the advice of experts, perhaps “tax time” should instead be a year-round task. From making regular RRSP contributions to comparing RRSPs and tax-free savings accounts to learning of the various credits available, tax planning for some is as necessary as the inevitable taxes themselves.

Preparing as best you can throughout the year might help minimize the sting come deadline time – and help you learn to embrace the opportunities to save, not just fear what you have to pay.

Wayne Karl EDITOR Wall2Wall Media, wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

12 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

012 Editors PAGE_JY-WK.indd 12

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BC Government 1st Time Buyers Program $ *

10,000 Tax Rebate

Only until April 1, 2013

(Chilliwack, b.c.)

Two Storey Luxury 3 4 Bedroom Townhomes or

+ Only townhomes in Sardis with full walk out basements + Engineered stone countertops

Last Chance! 4 Homes Left Massive Price Reduction - From $259,900 Immediate Possession

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Wayne Temple ReMax Nyda Realty 1-800-830-7175

Showhome Open Monday - Saturday 1 - 3pm 45762 Safflower Crescent, Sardis

www.kingsburyplace.ca

*some conditions apply

jan 25 - feb 8, 2013 | metro vancouver new home guide 13

184th St

176TH ST

168th St

152nd St

WY

Serpentine Fen Nature Reserve

South Surrey / White Rock d tR cen s e Cr

40th Ave

99a

99

32nd Ave

Crescent Beach / Blackie Spit

3

5 10 9

4

Ma rine Dr

15 12

10th Ave 8th Ave

8th Ave 1

South Surrey / White Rock

CANADA 1. Summerfield 5. Blu UNITED OF AMERICA

172nd St & 2ndSTATES Ave

15988 32 Ave 604-536-1155

2. Toccata 2929 - 156 Street 604-535-5088

3. Wills Creek

16228 16th Ave 604-542-1616

9. The Heights 2845 156th St. 778-545-8737

6. Belcroft 15977 26 Ave

10. Niche

7. Abbey Road

11. Breeze

604-568-8830 24th & 164th 604-542-0660

160th & 32nd Ave 604-542-8971

4. Pier 16

604-782-5258

8. Morgan Heights 16092 - 28 Ave.

14 metro vancouver new home guide | jan 25 - feb 8, 2013

604-560-1053

184th St

16th Ave

176TH ST

152nd St

140th St

148th St

Y

128th St

W

16th Ave

H GE OR GE

16th Ave

24th Ave

11

G KIN

20th Ave

7

24th Ave

South Surrey Athletic Park

26th Ave

168th St

24th Ave

8

6

164th St

Sunnyside Acres Urban Forest Park

2

160th St

Crescent Park

3039 156th St. 604-535-5511 #5 16223 - 23rd Ave. 604-582-1113

12. Southbrooke 10th Ave. & 165th St. 604-805-2941

south surrey/white rock

jan 25 - feb 8, 2013 | metro vancouver new home guide 15

coverstory

Abbey Road CUSTOM HOME BUILDER AND LOCAL DEVELOPER TAKE QUALITY TO HEART IN SOUTH SURREY

by JANINE MACKIE

“We build for a discerning client and strive to have each home perfect when homebuyers move into their new home. “ Brad Hughes, builder

“T

he symbol of quality,” is more than a marketing tagline for local home builder Brad Hughes of Park Ridge Homes, now building the exclusive Abbey Road development in partnership with Woodbridge Homes. Whether his seasoned team of professionals is building a $1-million custom home or a $400,000 townhome, attention to detail, superior building materials, quality control and attentive customer service are consistent.

“For every one of our projects, it’s all plywood construction – floor, ceiling, roof and walls. Never particle board,” explains Hughes. “We build for a discerning client and strive to have each home perfect when homebuyers move in.

We educate them how to look after their home, and offer attentive customer service two, five, even 10 years down the road.”

16 mETRO VANCOUVER NEW HOmE GUIDE | jAn 25 - Feb 8, 2013

016-017 Cvr Abbey Road_AY-WK.indd 16

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where landscaping and mature evergreens integrate for a private setting that’s also walking distance to the gym, grocery store and coffee shops.

While it’s easy to get swept away by Abbey Road’s modern finishes, contemporary showhome and classic Georgian architecture, it’s the assurance of an honest work ethic and seeing the difference true quality makes, that is proving to be the real deciding factor for recent buyers.

“When you’re buying a home you should always look for the best you can afford, and here buyers are getting that amazing combination of a great location, quality construction by a trusted builder, and finishes that are second-to-none,” says sales manager Tara Desmond. “Those that have shopped around see the difference right away – nicely cased doors, abundance of pot lights, sleek quartz countertops and a natural-gas range, that are all standard finishes.”

GEORGIAN ARCHITECTURE: BRICK FACADES, WINDOW BOXES, WROUGHT IRON GATES Actively involved from the early planning stages of South Surrey’s blossoming Morgan Heights and Grandview Heights neighbourhoods, Park Ridge Homes has built many of the single-family homes that now complement the area’s urban mix of amenities.

With its location on 164th Street just behind 24th Avenue, homebuyers will be part of an already established neighbourhood,

WHERE WILL YOU SPLURGE? BUY TODAY AND RECEIVE $10,000 IN UPGRADES Choosing between a two, three and four-bedroom townhome and two colour schemes, is just the beginning of exciting choices that await buyers who visit Abbey Road’s presentation centre, now located within the community’s clubhouse and billiards lounge.

Priced from $379,900 including tax, seven floorplans ranging from 1,330 to 1,915 sq. ft. provide a wonderful variation of space to accommodate all stages of life whether you’re looking for a two-level with master on the main floor, or a plan with extra flex space for a home office, teen room or kids play area.

With a $10,000 upgrade incentive, you can even add crown mouldings, upgrade to professional-series appliances or bring home automation capabilities to your home. Having built custom homes for almost 30 years, Park Ridge Homes has been known to go beyond what’s on the upgrade list to accommodate buyers’ special requests for flooring or custom cabinetry. Their name has become synonymous with quality and their work has been rewarded in the industry.

As a valued partner with Park Ridge on Abbey Road, the development group of Woodbridge Homes brings extensive experience in the new home development industry, having created thousands of homes throughout Metro Vancouver, Washington and California. With a current portfolio of new developments throughout the Lower Mainland, Woodbridge Homes is committed to providing families with a home that they’ll be proud to call their own for many years. For further details on other Woodbridge communities, please visit wbhomes.ca Abbey Road is open daily (except Fridays) from noon to 5 p.m., at 2469 164th St. in South Surrey. Call 604.542.0660 for information or online at abbeyroadliving.com jan 25 - feb 8, 2013 | metro vancouver new home guide 17

016-017 Cvr Abbey Road_AY-WK.indd 17

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inthenews

Housing market ‘soft landing’ to dissipate by mid-year: BMO Canadian Housing Outlook 2013 Experts on the Canadian housing market from

BMO Financial Group and the industry participated in the inaugural BMO Housing Panel for 2013 to discuss the past year and provide their outlook over the next 12 months.

According to Sal Guatieri, senior economist, BMO Capital Markets, after a decade-long boom, the so-called soft landing appears to be underway in most regions; the expectation is that this trend will continue into 2013.

“Home sales and housing starts will continue to moderate and prices will generally stabilize in most regions in 2013,” says Guatieri. “In the year ahead, the housing market will be supported by moderate job growth, steady immigration, growing demand from echo boomers entering their prime first-time home buying years, and a gradual shift toward more single-person households.”

The real estate market will benefit from continued low interest rates, with the Bank of Canada likely on hold for another year, he adds.

Guatieri also notes that Alberta and Saskatchewan could buck the national trend and see higher prices due to continued healthy economic growth and wage increases. Meanwhile, pricier Toronto and Vancouver are likely to have a bumpier landing than most other regions, with some prices declining moderately.

Affordability and consumer preference Conrad Zurini, Broker of Record, ReMax Escarpment Realty, says affordability is in question in major cities including Calgary, Toronto and Montreal, with first-time buyers likely staying out of the market for the first half of the year.

Zurini adds that those looking to upgrade will still dominate, given lower interest rates. “People who are into walking, lifestyle and entertainment, the farm-to-table trend and buying local are going to fuel that market for the first half of the year.

“These consumers are all about amenities and lifestyle – they’re very established economically,” says Zurini.

Consumers buying for the first time will likely look to other cities in search of greater value.

“These buyers move with opportunity, following employment and searching out homes with their desired space, ultimately singlefamily residential homes,” he says. “In 2013, consumers will be paying close attention to the investment side of their buying decision.”

Montreal, outlined a number of factors buyers should keep in mind for financing the purchase of a home.

“The pre-approved process remains a very important keystone in the home buying process, whether you’re a first time homebuyer or a move-up buyer,” says Turner. “Generally speaking, most folks will need to borrow most of the purchase price of the home, so getting a pre-approved mortgage is a smart thing to do even before the home search starts.”

Turner adds that the down payment buyers are able to afford is another important aspect, and that there are strategies buyers should put in place to ensure they can maximize that amount – ultimately lowering their overall housing costs.

“There are a number of different strategies to save for a down payment. With RRSPs, for instance, customers can withdraw up to $25,000 for the purchase of a home,” he says.

Turner also reminds that consumers who pay off their debt quicker pay less interest, and that most mortgages have options embedded in them that help to save money in this way.

“At BMO, we’ve been encouraging customers to take a shorter amortization for some time,” he says. “In addition, rates are as low as they’ve ever been, so it’s certainly a good time to take advantage of this to pay off your debt sooner so you can retire comfortably and with as little debt as possible.”

Mortgage and financing advice John Turner, national director, specialized lending, BMO Bank of 18 metro vancouver new home guide | jan 25 - feb 8, 2013

018 News BMO Canadian Housing Outlook 2013_AY-WK.indd 18

1/22/13 4:00:34 PM

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JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 19

Q&A

01

GVHBA on the move Q&A WITH BOB DE WIT

by SUSAN M BOYCE CHANGE IS IN THE AIR AT THE GREATER VANCOUVER HOME BUILDERS’

Association. On Nov. 1, 2012, Bob de Wit took over as CEO of one of the country’s largest home builder associations. And while there’s little question that stepping into the shoes of his predecessor, the often outspoken but always succinct Peter Simpson, will be tough, after three months it’s clear de Wit is rising smoothly to the challenge.

This issue, de Wit shares some of his thoughts about the future of home building in the Lower Mainland and what’s coming up for the Greater Vancouver Home Builders’ Association.

Bob de Wit, cEO of the Greater Vancouver Home Builders’ Association

Q: GVHBA has undeniably become a force to be reckoned with in the home building and renovation industry – more than 750 members with solidly diverse representation across all sectors: developers, builders, renovators and suppliers. What can consumers look forward to that will be of direct benefit to them in 2013?

A: One of the things we’re particularly excited about is that this spring we’re launching a new GVHBA website designed to make it even easier for consumers to find the information they need about everything to do with home building and renovations.

We’ll also become more active on social media and increase our focus on providing educational seminars for both consumers and our members.

20 METrO VANcOuVEr NEW HOME GuidE | jan 25 - Feb 8, 2013

020-021 Q&A with Bob de Wit_AY-WK.indd 20

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This spring we’re launching a new GVHBA website designed to make it even easier for consumers to find the information they need. Bob de Wit Q: So what are some of the upcoming GVBHA events consumers should watch for?

A: One of our most popular events is still the First Time Home Buyers Seminar on March 19 – a free seminar that now attracts more than 700 people. This year, our panelists will include Robyn AdamacheLake from CMHC, Tom Reeves from National Home Warranty, Greg van Popta from McQuarrie Hunter, and a senior representative from the Royal Bank.

Naturally, we’ll continue to offer our Home Renovation Seminars and the educational booth at the BC Home + Garden Show that runs Feb. 20 through 24 at BC Place. And later in the year, you can look forward to the Annual Parade of Renovated Homes.

Q: What about the 2013 Ovation Awards? Can you give us any hints about what to expect in the fourth year of this annual competition?

A: The Ovation Awards have definitely gained traction as a brand consumers recognize and respect. This year we received a recordbreaking number of entries – all showcasing the excellence found throughout Metro Vancouver’s renovation, new-home construction and design industries. Finalists will be announced on Feb. 6 and winners will be revealed on April 20 Awards Gala at the Vancouver Convention Centre. It’s going to be a very exciting evening, but you’ll just have to wait to find out who the winners are.

Q: Tell us a bit about your background. How did you become part of the GVHBA team?

A: My career began 15 years ago in the technology sector. Since then, I’ve worked in corporate finance raising equity capital, been a consultant to educational institutions including UBC and the University of California, and four years ago was one of the partners who formed GreenAngel Energy Corp that invests in growth-stage technologies that find new ways to reduce a company’s carbon footprint.

But I knew I was looking for something new. When I met with the GVHBA board, I realized there was a strong entrepreneurial spirit among the members – especially the owner operators. And I like the way this organization can have a positive impact on housing affordability. It was a natural fit.

Q: Any hot tips about neighbourhoods to watch?

A: Anywhere with new or expanding transportation infrastructure – areas like Surrey or the Evergreen Line or, if you’re looking really long-term, Maple Ridge and Mission.

The Greater Vancouver Home Builders’ Association represents the residential construction industry in the Greater Vancouver Area. GVHBA acts as a liaison between local governments and housing industry groups, provides cutting-edge education and training, and hosts events like the Ovation Awards and the Annual Parade of Renovated Homes.

For more information visit gvhba.org

02

03

04 01 Transportation hubs like the Lincoln Station of the Evergreen Line are neighbourhoods to watch for long-term investment potential and growth.

02 Nature’s Walk in Langley is a multi-category contestant in the 2013 Ovation Awards.

03 Jewel by Boffo was named Best Multi-Family Highrise at GVHBA’s 2012 Ovation Awards.

04 Lavish outdoor spaces woo buyers at Morgan Heights in South Surrey. jan 25 - feb 8, 2013 | metro vancouver new home guide 21

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onthehorizon

Cedar Cottage Townhomes: Vancouver Townhomes

on the horizon Checking out what’s hot and new in the Lower Mainland’s residential marketplace and beyond

by Susan M Boyce

Tell us your news

Got a new development you’d like us to feature in On the Horizon? Drop me a note at susan@ suntrackercafe.com, and we’ll do our best to get you in the next edition.

Now almost complete, these five, innovative townhomes are located at 1729 East 20th Ave. just off Vancouver’s vibrant The Drive neighbourhood. All homes offer two-bedrooms plus den (one also has an attached studio perfect for a home office or artist’s workshop) and are designed with heritage styling to match the Cadence: surrounding neighbourhood. Enjoy morning Cloverdale Single-Family coffee on your private rooftop deck or check Priced from the high $600,000s, these fourout the fun ‘n’ funky coffee shop right next bedroom and den homes feature 3,400 to door on the site of the neighbourhood’s orig- 3,700 sq. ft. of wide-open living space, plus a inal bank – that’s right, as in financial bank. two-bedroom legal suite. Among the many Green features include tankless, on-demand above-and-beyond sustainable features you’ll hot water. Priced from the $680,000s. find at Cadence are on-demand hot water, For more information, call 604.671.1025 geothermal heating/cooling and automated or visit cedarcottagetownhouses.com for a in-ground sprinkler system. private viewing.

Presentation centre and display home now open at 5909 – 184th St. For more information, visit cadenceliving.ca or call 604.760.7672.

The Woods: Please note that in our Hot Communities South Surrey Townhomes section last issue, we erroneously indicated Located at 15588 – 32nd Ave. (near Croydon) these were townhomes. We apologize for any in South Surrey, each of these 96 homes each inconvenience this caused. includes a private, rooftop deck and open, sunny floorplans. Rare live/work designation allows a ground-level office with separate en- The One: trance – meaning you can keep your work and Southeast False Creek private spaces totally separate. And here’s a Townhomes bonus: the entire property backs onto an exist- A spectacular new addition to the Southeast ing creek creating a tranquil oasis in the city. False Creek neighbourhood, The One is now Prices start at $340,000. selling and has a limited collection of townFor more information and to priority reg- houses to complement its highrise condo ister, visit gramercy.ca/thewoods homes. Priced from $699,900, these townhomes boast the exceptional finishing details you’ve come to expect from Pinnacle InterPaddington Mews: national – finishings such as air conditioning, Metrotown Townhomes hardwood flooring, and gourmet kitchens.

Information is still spare, but keep your eye Don’t miss this chance to live steps from the on this one if you’re looking for a townhome Seawall and the growing amenities of this in West Metrotown. Inspired by heritage prestigious neighbourhood. design, yet boasting all the contemporary fin- The One will be located at 38 West 1st Ave. ishings and details you expect, these homes Presentation centre now open daily at are designed to be the best of both worlds.

1738 Ontario St. in Vancouver. For more Presentation centre anticipated to open information, visit LivingAtTheOne.ca or soon at 4927 Kingsway in Burnaby. For call 604.874.8368. more information and to priority register, paddingtonmews.com or call 604.438.9922.

22 metro vancouver new home guide | jan 25 - feb 8, 2013

022 On the Horizon January 25_AY-WK.indd 22

1/22/13 4:01:03 PM

south surrey/white rock

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

jan 25 - feb 8, 2013 | metro vancouver new home guide 23

Surrey / Langley 116th Ave

d rR no ve os r G

112nd Ave

A4

104th Ave

Green Timbers Urban Forest Park

96th Ave

Tynehead Regional Park

Golden Ears Bridge

96th Ave

Bear Creek Park

A1 A22 A26

1a

99a

A24

A18

64th Ave

A6 A19

A21

A7 61A

A10

A16

60th Ave

A15 A25 A20 A13 A11

64th Ave

A9 A14

10

A23

B1

A27

LANGLEY BYPAS S

A3

A2 56TH AVE

56TH AVE KI N G

Serpentine Fen Nature Reserve

GEORGE B LVD

10

Gra de Rd

FRA SER HW Y

48th Ave

40th Ave

Surrey A1. Encore

8433 164th Street 604-716-9506

99 A8. The Links

7797 170 St. 778-574-2550

A15. Allegro

7121 192nd St. 604-574-5415

A9. Uptown Clayton Village

A16. Highlands at Sullivan Ridge

A3. Cadence 5920 184th St.

A10. Cambridge Park

A17. Enclave at Boundry Park

A4. Bishop Creek 15788 104 Ave.

A11. La Rue

A5. Clayton Heights

A12. Vantage

A2. Panorama Station 5957 152nd 604-372-2275

604-760-7672

604-588-0005

7310 - 191B Street 604-723-4497

A6. Madison

14356 63A Ave. 604-543-6262

A7. Sequoia

14838 61st Ave. 604-575-7366

19525 73rd Ave. 778-574-0146

14955 60th Ave. 604-535-9633

19180 65th Ave. 604-575-2263 7830 170th St. 604-579-0247

A13. Clayton Rise 68th Ave. & 195A St. 778-278-0030

A14. Sun 72

195th & 72nd Ave. 604-575-8806

24 metro vancouver new home guide | jan 25 - feb 8, 2013

6085 - 146 St. 778-565-7768

12775 63 Ave. 604-657-3709

A18. Highcrest

9989 Barnston Dr. East highcrestliving.com

A19. Canvas

Panorama at 142 & 64th Ave liveatcanvas.com

A20. One 92

6685 192nd St. 604-576-1772

A21. Panorama Woods 6123 138th Street 778-593-9954

A22. Silverwood

84th Ave. & 164th St. 604-953-0288

A23. Salix

6477 196th Street 604-530-0054

A24. Boardwalk Townhomes

7090 - 180th Street 604-506-1852

A25. The Grove 68th Ave. & 194 St. 604-533-6968

A26. Rockwood

16241 - 84th Ave 604-503-1188

A27. Zen

196th & 66th Ave. 604-247-2639 ext 262

Langley B1. Virtue 20187 68th Ave. 604-534-6800

B2. Nature's Walk 20966 77A Avenue 604-888-8370

B3. Outlook 8250 209B St.

604-888-8778

B4. Red Maple Park 7 938 - 209th St. 604-888-8699

240th St

B2

232rd St

B4 B3

RD

176TH ST

72nd Ave

208th St

A5

G LO VE R

A8

200th St

A12

72nd Ave

58TH AVE

192nd St

188th St

168th St

160th St

144th St

152nd St

80th Ave

128th St

112th St

120th St

80th Ave

A17

B8

88th Ave

88th Ave

Watershed Park

96 th Av e

216th St

FR AS ER HW Y

Gl ov er Rd

SF ras er

104th Ave

216th St

Wa y

12 0th

St

108th Ave

Surrey/langley

jan 25 - feb 8, 2013 | metro vancouver new home guide 25

surrey/langley

N S E I ME V O MO Y H AD RE

At SEQUOIA it’s...

Boxing Day In January!

The best homes @ the best prices!

8

Only / 10 homes remain - hurry in, this is the final opportunity!

Home no. + style

Previous Pricing

Boxing Day Pricing

total available savings

#54–3 BED, 2 BATH

$354,900

$345,900

$19,000

PENDING! SOLD!

$23,000

#61–3 BED, 2 BATH #62–3 BED, 2 BATH #67–3 BED, 2 BATH

$352,900

$342,900

$20,000

#70–3 BED, 2 BATH

$346,900

$336,900

$20,000

SOLD!

$20,000

#72–3 BED, 2 BATH #76–3 BED, 2 BATH

$346,900

$336,900

$20,000

#78–3 BED, 2 BATH

Newly Released

$359,900

$10,000

SOLD! SOLD!

#79–3 BED, 2 BATH #80–3 BED, 2 BATH #81–3 BED, 2.5 BATH

Newly Released

$348,900

$10,000

#82–3 BED, 2 BATH

Newly Released

$342,900

$10,000

#83–3 BED, 2 BATH

Newly Released

$365,900

$10,000

64 AVE

Move in before April 1st 2013 and get a $10,000 cheque in the mail. Ask us how!

62 AVE 152 ST

148 ST

144 ST

61 AVE 60 AVE

10

61st Ave + 148th St, Panorama, Surrey 12 – 5 pm daily except Fridays

56 AVE

Fairborne Sequoia Homes Ltd.

N

604.575.7366 sequoialiving.ca Limited time offer. Total available savings includes the B.C. First Time Home Buyers’ Bonus. Please talk to the Sequoia sales team for details. Incentives and pricing are subject to change without notice. E.&O.E.

26 metro vancouver new home guide | jan 25 - feb 8, 2013

Surrey/langley

jan 25 - feb 8, 2013 | metro vancouver new home guide 27

SURREY/LANGLEY

3 & 4 bedroom homes starting from

mid $300’s including HST

75% Sold in Phase 2

Phase 1 SOLD OUT

Now Selling Phase 2

THE BOARDWALK TOWNHOMES, THE VERY BEST IN ELEGANT DESIGN Welcome to The Boardwalk, 69 elegantly designed 3

7090 180TH ST, SURREY

and 4 bedroom Townhomes located in the Prestigious West Cloverdale community of Provinceton. Our homes feature a host of upgrade features as standard. Bright and open floor plans, designer touches and extra-large back yards. Our unsurpassed location will put you just moments away from every amenity your heart desires, restaurants, shopping, leisure, schools and transit links.

The Boardwalk has it all!

28 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

Open every day from 12pm to 5pm (except Friday) Visit our two elegant show homes to experience the very best in quality and design.

604.506.1852

boardwalktownhomes.com

SURREY/LANGLEY

MOVE-IN READY HOMES AVAILABLE FOR ALL FLOOR PLANS

www.lakewood.ca

CONDOS JUST RELEASED! ASK ABOUT OUR LIMITED TIME CONDO PROMOTION.

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 29

SURREY/LANGLEY

MOVE IN

TODAY

FROM THE LOW

300’S

$

PREMIER LOCATION NESTLED IN CLAYTON HEIGHTS

Uptown Clayton

50 %

Townhomes

SOLD

HWY #

200th St.

176th St.

1

Frase

72nd St.

r Hwy .

19525 73rd Street Surrey

NEW SHOWHOMES NOW OPEN Open daily (except Friday) 12 to 5

778.574.0146

Terry Vinet Northstar

604.657.2864

PHASE 4 NOW SELLING

 3 and 4 bedroom townhomes  spacious floorplans up to 2000 sq. ft.  gourmet kitchens with granite counters  double garages some plans  washer/dryer and blinds incl. and much more.

For more pictures and to see the amazing locations 30 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

vis

ns

SURREY/LANGLEY

MOVE IN

TODAY

FROM THE MID

300’S

$

12775 63 AVE.

 Kids can walk to school  Spacious open concept homes  Main floor powder bathroom  Spacious private rear yards and patios to entertain

72 Ave.

128 St.

2300 Sq. Ft. TOWNHOMES IN SURREY

120 St.

EXCLUSIVE BOUNDARY PARK LOCATION!

64 Ave. 63 Ave. HWY 10

2 MODEL HOMES NOW OPEN Open daily (except Friday) 12 to 5pm

604.657.3709

Thoughtful detail. A better home.

Sutton Premier

visit www.sunmarkdevelopments.com JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 31

■ ■ ■ ■ BLACK ■ ■ ■ ■ MAGENTA

surrey/langley

■ ■ ■ ■ CYAN ■ ■ ■ ■ YELLOW

DON’T MISS THIS SPECIAL EVENT!

MEET THE BUILDER Sunday, January 27

From 12 - 3pm

Panorama Woods Clubhouse

SFU Surrey Campus

The Award-Winning Tradition Returns...

64 AVENUE

Panorama Woods offers a collection of modern 3 bedroom 62 AVENUE

townhomes in one of Surrey’s most convenient locations.

138 STREET

KI N G

Portrait Homes, recognized as the Best Single Family Home

GE

O

RG

Builder in British Columbia for 6 of the last 7 years, invites

EB

you to experience distinctive townhome living created with

D LV

.

quality craftsmanship and exceptional finishings.

SALES CENTRE & DISPLAYS

Panorama Woods is everything you want in a new home.

Address: 6123 138 St., Surrey Open Daily: 12:00 - 5:00pm

GRAND OPENING PROMOTION on now!

NOW SELLING!

Experience the Portrait Homes difference – Winner of the Avid Diamond Award™ for the Best Customer Experience

778.593.9954

in Canada. Contact us today and see why!

panoramawoods.ca portraithomes.ca/blog/

3 Bedroom Townhomes starting from $319,900

Sales & Marketing by Coldwell Banker Tri-Tel Realty. This is not an offering for sale. Price excludes taxes. E. & O. E.

BUILDING AWARD-WINNING COMMUNITIES FOR TODAY... AND FOR YEARS TO COME.

32 metro vancouver new home guide | jan 25 - feb 8, 2013

CLIENT: Portrait Homes Ad FILE NAME: Portrait_PANORAMA_NHG_MeetBuilder.indd

DATE: Jan 16, 2013 AD SIZE: 7.25” w x 9” h PUB: New Home Guide

SURREY/LANGLEY

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 33

SURREY/LANGLEY

E L E VAT E D L I V I N G C O M E S T O P R E S T I G I O U S F R A S E R H E I G H T S

The first release of Highcrest, a new master planned village, features a signature collection of contemporary townhomes. Enjoy spacious open plans, thoughtful details, oversized windows, on-site amenities and spectacular views overlooking the Fraser River and beyond to the West Coast Mountains.

Striking the perfect balance between urban convenience and nature, this is the first community of its kind to come to Fraser Heights in over 20 years. Don’t miss this rare opportunity to live luxuriously in this

COMING SOON

st Ea Dr. n o nst Bar

HIGHCREST

HWY No.15 / 176 Ave

YN

o.1

REGISTER ONLINE TO BECOME A HIGHCREST VIP AND BE ONE OF THE FIRST TO SELECT YOUR NEW HOME

HW

Bar nsto nD r. E

177A St

LUXURY TOWNHOMES STARTING IN THE MID $370’S

REGISTER TODAY

96 Ave

104

Ave

DAL YR

D

N

100 Ave

prestigious neighbourhood.

highcrestliving.com

604.584.7273 • 9989 Barnston Drive East

BARNSTON LTD

fifthave.ca

Prices include applicable taxes and are subject to change and availability. Don’t miss out! E.&O.E.

34 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

10305 High Crest Living Teaser print ad FINAL JAN72013.indd 1

1/7/2013 12:08:33 PM

SURREY/LANGLEY

Honest Living Now Selling 2, 3, & 4 bedroom townhomes available Priced from

$294,900 including Net HST

Sales Centre open daily 1pm-5pm (except Friday’s)

Showhome #1-20187 68th Ave, Langley 604.534.6800 Register at www.virtueliving.com Sales & Marketing by Suniel Dardi

Royal LePage Northstar Realty

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 35

now selling

You Can Really LIVE Here

om r F

Bishop Creek 105

TRA

AVE

3 BED & DEN TOWNHOMES

104

- CAN

AD

A H WY

ST

ST

ST

Bishop Creek

160

158

156

ST

ST

152

ST

154

150

101

NS

AVE

Schools,GUILDFORD daycares, natural parkland.

TOWN CENTRE Main floor powder room, bonus room, private garage, outdoor space.

New Greenbelt Homes Released

0 0 ,9 9 2 3 $

Sales Centre open daily 12 - 5 15788 104 Ave., Surrey 604-588-0005

AVE

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

100

AVE

See more at bluetreehomes.ca 99

AVE

at bishop creek 151 AT

Bluetree Bishop ad for New Home Guide

98

AVE

72 AVE

200 ST

192 ST

SURREY/LANGLEY

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 37

surrey/langley

Ya, we’re pretty excited too.

Go ahead and get excited about the choices you’ll make in your new space.

Introducing a collection of central and spacious three bedroom townhomes with over 1440 sq. ft. of modern living to fill with the memories you create.

Get ready to create a home you’ll love.

3 bedroom townhomes priced from the

300’s

MID $

COMING SOON to Panorama at 142 St & 64 Ave

Register now at

liveatcanvas.com

40 metro vancouver new home guide | jan 25 - feb 8, 2013

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

a ry C o m in g th is F e b5ru ,9 0 0 S ta rt in g fr om $ 2 7

Green space for all.

Clayton Heights — 141 spacious parkhomes nested around a forested inner Families of all sizes will appreciate this community for years to come, thanks to its intelligent design, single-family feel, extraordinary amenities and easy walkability.

2, 3 & 4 bedroom parkhomes

Register now 604.533.6968

www.thegroveatclayton.com

A collaborative Development by

PHASE 3 - NO HST! MOVE-IN DECEMBER 2013

Trilogy Club Lounge

PHASE 2 OVER 60% SOLD! MOVE-IN SUMMER 2013!

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

Only 2 available to move-in today!

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

SURREY/LANGLEY

44 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

SURREY/LANGLEY

Finalist for 5 Prestigious Georgie Awards including Best Townhouse Development.

FIRST TIME HOME BUYER? This is your last chance to take advantage of the $10,000 government bonus* here at Nature’s Walk. Call for details.

Great Central Location!

Spacious Private Rear Yards

Double Car Garage

Main Floor Powder Room

Kids Can Walk To School

Spacious Open Concept Homes

208 St

w w w.natureswalklangley.com 604.888.8370 • 20966 77a Avenue Open Noon – 5pm Everyday (Except Fridays)

209 St

STARTING FROM THE LOW $300’s

80 Ave 77a Ave

Prices and incentives are subject to change or be withdrawn without notice. Conditions apply to the government bonus. See sales representative for details. E&.O.E. Sales and Marketing by Fifth Avenue Real Estate Ltd.

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 45

SURREY/LANGLEY

ONLY 5 REMAIN TOWNHOMES IN LANGLEY

Don’t rob yourself!

Put your money in your own pocket.

2 Bedroom + Den

$282,900 GET YOURSELF INTO THE MARKET. With move-in ready homes first time homeowners have the opportunity to save an additional $10,000*. Call for details!

COME AND SEE: • A friendly neighbourhood with a new school next door.

• Shopping nearby.

• Finished homes you can walk through.

• Well considered layouts.

DO THE MATH! Let us show you how to put money in your own pocket.

Sales Centre 1-8250 209B Street, Langley Open Noon - 5pm Everyday Except Fridays Call 604.888.8778

OUTLOOKLIVING.COM *Prices and incentives are subject to change or be withdrawn without notice. Conditions apply to the government bonus.

See a sales representative for details. Sales and Marketing by Fifth Avenue Real Estate Marketing Limited. E. & O.E.

46 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

Elevate your expectations.

Sa B Ve UY u NO (fo p ra T W lim o & ite $ dt 4 im 0 e) ,0 0

Flexible family living in the heart of everything.

The Highlands at Sullivan Ridge is a safe, family-friendly neighbourhood close to excellent schools, an abundance of shopping, endless recreation opportunities and easy commuter routes. These classic 2-storey, 4 bedroom single-family homes offer 3000 - 3500 sq. ft. of luxury living space, including fully finished basements. You’ll love the spaciousness of

64 AVE

the open floorplans, the quality finishes and the many premium features that these homes

61A AVE

display. With a gorgeous kitchen, cozy family room, the perfect master suite and more —

148 ST

60 AVE 146 ST

144 ST

60 AVE

HWY 10

(56 AVE)

QualiTy SiNGle Family HomeS From

Visit Our Showhome

12 To 5pm Daily (ExcEpT FRidaY)

778 565 7768

•

these homes offer the value you need, in the neighbourhood that you want!

•

6085 146 STreeT, Surrey

www.marathonhomes.ca

$649,900

iNCluDiNG HST

0*

Vancouver / Downtown Vancouver

BURRARD INLET

E HASTINGS ST

NW Ma rine Dr

3

Jericho Beach Park

Termin

2

W 10th Ave

E Broadway

W 12th Ave

KIN

E 12th Ave

GS WA Y

KNIGHT ST

Oak St

SW Ma rine Dr

GRANVILLE ST

A

ve

Arbutus St

W King Edward

Pacific Spirit Park

MAIN ST

all W

Ave 16th

Renfrew St

al Ave

CAMBIE ST

Blv d

kM roo stb We

UBC

Venables St

Burrard St

Chancello r

Queen Elizabeth Park

E 29th Ave

Oak St

Victoria Dr

E 41st Ave

R

ED

RIN

SW

MA

Vancouver 1. River Walk

3179 E Kent Ave. N 604-438-2858

2. Blanc

1891 - W 2nd Ave. 604-600-8790

48 metro vancouver new home guide | jan 25 - feb 8, 2013

3. The Jeffs Residence 1298 Salsbury Dr. (Salsbury & Charles) 604-558-1907

BOUNDARY RD

W 57th Ave

SE MARINE DR

1

Vancouver

jan 25 - feb 8, 2013 | metro vancouver new home guide 49

themortgageminute

Not all lines of credit are

created equal by peter kinch

The minister of finance and the Bank of Canada

have both expressed concerns over the amount of debt Canadians have been carrying. Indeed, a predictable result of an economy wherein the government is forced to keep interest rates low for an extended period is that consumers will find it hard to resist the temptation of borrowing beyond their means.

Although there is an increased trend among Canadians accessing equity in their homes, it is important to note there are two differences between those who borrow to support lifestyle and those who leverage to increase wealth.

Over the past few years, the number of Canadians who have taken out a line of credit on their home for anything from home improvements to vacations has increased to the point that the government has raised a red flag. Real estate investors need to be aware of who the government is really targeting – and that is the homeowner who is using his home equity to subsidize his current lifestyle. This is a valid issue, and the government should be concerned about this behaviour. However, this should not be confused with the prudent investor who uses home equity to increase his net worth.

While the government worries over the “lifestyle subsidizer,” the savvy real estate investor recognizes that this extended period of historically low rates creates a unique opportunity to leverage home equity into wealth, creating real estate investments. Investors understand that in order to purchase cash-flowing rental properties, they will need to either come up with the down payment themselves or attempt to put together a joint venture partner. The simplest and least expensive source of capital (outside of cash on hand) is home equity. As such, it is common for almost every investor to set up a line of credit on their home in addition to their mortgage as a way of converting home equity into increased net worth. But what a lot of investors don’t understand is that not all lines of credit are created equal.

There two different types of lines of credit (LOC) in the Canadian mortgage market and it is critical for a savvy real

estate investor to understand the difference. One is a traditional “static LOC” and the other is a “re-advanceable mortgage LOC combination.” On the surface, they may appear similar, but what makes them different is critical to the savvy real estate investor.

A static LOC is the LOC that most homeowners are familiar with and one that the majority of banks and lenders have been offering up for years. It is, quite simply, a line of credit that is placed behind the first mortgage. If a homeowner has more than 80 per cent of equity in their home they can apply to access that home equity (up to 80 per cent) in the form of a line of credit. The challenge with a static LOC – also known as a Home Equity LOC or HELOC – is that it is static, meaning that if the amount of equity you have in your home were to increase over the course of the mortgage, the maximum amount of money that you would be able to draw out would remain the same, regardless of how much you may have reduced the original mortgage amount by. For example: Home Value Mortgage Amount 80% of Home Value Amount of accessible Home Equity

= $400,000 = $250,000 = $320,000 = $ 70,000

In the above example, a HELOC can be arranged for $70,000.

This in itself is a fairly straight-forward transaction and one that the majority of Canadians undertake when arranging for a LOC. However, let’s assume that the homeowner in the above example took advantage of every pre-payment privilege available and also had excess cash available through employment bonuses or commissions. Let’s further assume that this homeowner was able to pre-pay as much as $50,000 of their mortgage over the next two years and were now at a point where they wanted to access some of the additional $50,000 in built-up equity to purchase an investment property. Unfortunately, for our investor, since the continue d on p a g e 5 4 . . .

50 metro vancouver new home guide | jan 25 - feb 8, 2013

050-054 Mortgage Minute-Not all lines of credit are created equal_JY-WK.indd 50

1/22/13 4:01:06 PM

W

EE MO K DE EN L D HO S FR ME O O M P 1 - EN 4P M

Vancouver

BLANC is a collection of eight 3 bedroom and 3 bedroom plus den townhomes. These modern homes feature roof decks with fireplaces, overheight ceilings, open Oak staircases, glass walls, polished concrete floors, carrara marble baths with Hansgrohe and Duravit fixtures and custom kitchens with Miele and Liebherr appliances. All this in a “North of 4th” Kits location for that ideal West SUNSET BEACH Coast lifestyle.

3+ BEDROOMS ROOF TOP DECKS STARTING IN THE 1.2’s VANIER PARK

HADDEN PARK

KITSILANO BEACH PARK

CORNWALL AVE

1887 WEST 2ND AVENUE VANCOUVER, V6J 1J1

RE/MAX KEN LEONG

WEST 2ND AVE BURRARD ST

W 4TH AVE

CYPRESS ST

BLANC YEW ST

VINE ST

BALSAM ST

LARCH ST

MOVE IN NOW 604 600-8790

BLANCMODERN.COM jan 25 - feb 8, 2013 | metro vancouver new home guide 51

NEW HOME BUYERS GUIDE Client: KLM Marketing / The Airey Group Project: Blanc Modern

BURNABY / NEW WESTMINSTER Barnet Marine Park

BARNET HWY

iver sit y Dr W Un

G ag

Royal Oak Ave

Willingdon Ave

Burnaby Lake Regional Park

Can ada

Deer Lake Deer Lake Park

Royal Oak Ave

Gilley Ave

Nelson Ave

Patterson Ave

h 6t th 10

e Av

h 8t

St

Southridge Dr Ma eD rin

MARIN E WAY

E ST

WA RD SON W AY

r

Duncan St

A3. Aviara

A2. Bloom

A4. Casa de Oro

1710 Gilmore Ave 604-291-9130

9350 University High Sreet 604-320-3386

7533 Gilley Avenue (at Royal Oak) 604-436-1100

Sales Centre 530 - 526 Clarke Road 604-939-8808

52 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

Aug.17 2012

7.625”x1.625”

Ledingham McAllister

CMYK

NHBG Banner Ad Redesign

Legacy Sans

Boundary Rd

BURNABY

y Wa nt rwe De

St yd Ewen Bo e Av

A1. Lift

e Av e Av

Queen’s Park

St

Mari ne D r

h 8t

Braid St e Av

DE RI CB M

h 8t

h 6t

MARINE W AY

e Av

A4

r sD th iffi Gr

SE Marine Dr

Imperial St

th 16

e Av

St

Imperial St

ay W

t lS ria pe Im

th 10

nd rla be m Cu

KIN GS WA Y

Metrotown

da na Ca

Av e

A2

Lougheed Mall Austin Ave

Sprott St

Oakland t S

Central Park

y Wa di lar

ay W

BOUNDARY RD

BCIT

Cla rke Rd

Squint Lake Park

North Rd

Sperling Ave

Grey sto ne D r

Cliff Ave

Holdom Ave

Brentwood Mall

Burnaby Mountain Golf Course Broadway

49 t h

A1

SFU Un ivers ity Dr E ag lar di Wa y

G

Willingdon Ave

HASTINGS ST

A3

Burnaby Mountain Park

INL ET DR

Confederation Park

ve lA ya Ro

burnaby/new westminster

jan 25 - feb 8, 2013 | metro vancouver new home guide 53

themortgageminute |

continue d

product they chose was a static HELOC, the majority of lenders would need them to re-apply to have the limit on their HELOC increased. Aside from the inconvenience of a new application process, which could be declined if there were any changes in employment (such as shifting from an employee to being self-employed, or simply having a spouse go on maternity leave) our investor would also be subject to additional legal and appraisal costs. All this because they didn’t get the right advice in the first place.

What they should have arranged is a re-advanceable mortgage/LOC combination. The difference is simple and obvious, but unfortunately many Canadians are still not familiar with the fact that they exist. As the name would suggest, a re-advanceable mortgage is created in such a way that every dollar of equity that is created by paying down the mortgage portion of the loan, is re-advanced to the line of credit.

In the above example, the $50,000 that was used to reduce the mortgage would be automatically re-advanced to the client and made available to them in their line credit.

Mortgage LOC $250,000 $130,000

$50,000 $200,000 $70,000

The original mortgage would be structured exactly the same with $250,000 set up as a mortgage amount and $70,000 made accessible in the LOC. The difference with the re-advanceable mortgage is that as the $50,000 of equity is paid off the mortgage, the

Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com

accessible equity in the line of credit is increased by that same $50,000. In other words, every dollar of equity that is paid off your mortgage is automatically re-advanced to your line of credit. There is no need to re-apply to have it re-advanced – it is done so automatically. And the best part is that any time you use money from your line of credit for an investment that has the intention of making money – the interest on the line of credit is tax deductible – a process that is commonly referred to as the Smith Manoeuvre.

The proper use of this product is critical for the savvy real estate investor as it addresses two critical areas. The first and most obvious is the fact that access to money for down payments is one of the biggest obstacles to the real estate investor. Using a re-advanceable mortgage/LOC allows an investor to build up funds toward their next down payment simply by making their mortgage payment every month and allowing it to accumulate in their LOC over time. The second less obvious advantage of this product is that it should forever eliminate the argument among couples over whether they should use a particular lump sum of money to pay down their mortgage or invest. Proper utilization of this product will allow them to do both. Simply apply the excess cash onto your principal residence mortgage, thereby reducing your immediate mortgage costs, and then have those same funds re-advanced to your line of credit where it can remain indefinitely available to you until such time that you are ready to invest.

At this point, it should be noted that there is absolutely no additional cost to having the limit on your line of credit increased. You pay interest only on the amount of money you access and only when you access it. It is for this reason that investors looking to access potential equity for the purposes of investing should always use this tool instead of refinancing with a brand new mortgage. If the entire amount of equity were to be accessed in the form of a mortgage, then you would be paying principal and interest payments on the entire amount from the very start of the mortgage.

When used for the purpose of making an investment that has the intention of making money, not only is this a prudent tool for tax purposes but it is also a tool that will help add to your net worth. So as we move into the spring and summer markets, remember, you’ll continue to read headlines about how Canadians are using their homes as ATMs and we should all be cautious about accessing too much equity in our homes to subsidize our lifestyles. You, on the other hand, will be utilizing the right tool to access equity to purchase properties that have enough cash flow to service the debt on the subject property and pay the interest on the line of credit. So don’t worry too much about what you read in the headlines, they’re talking about the other guys…

54 metro vancouver new home guide | jan 25 - feb 8, 2013

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1/22/13 4:01:08 PM

burnaby/new westminster

$469,900! move for sp in ring! gst* o nly!

*Subject to qualifications

jan 25 - feb 8, 2013 | metro vancouver new home guide 55

eau Plat

Coquitlam / Port Coquitlam / port moody Park w

Blvd

ay

vd

Bl

Lincoln Ave

sy St

Shau g h ne s

Y

Mariner Way

Daw es H ill Rd

e r David Ave. Coast Meridian R i vand ser Fr a 604-880-1880

A2. Burke Mountain

Heights

3479 Galloway Ave. 778-285-6299

A3. Northbrook

3431 Galloway Ave. 604-468-2212

A4. Bloom

Sales Centre 618 Langside Ave. 604-939-8808

Kin gs wa yA ve

Dominion Ave B1

Dewdney Trunk Rd

LO UG HE ED

Colony Farm Regional Park

RY MA

Coquitlam A1. Cedar Creek

HW Y

SS PA BY L HIL

A5. Hazel

Unit B - 901 Lougheed Hwy 778-829-1500

A6. Farrington Park

Coquitlam Burke Mt 604-464-7985

port coquitlam B1. Dominion

Ford Rd

2423 Avon Place Pitt Meadows 604-469-8988

A7. Riley

1320 Riley St. 604-468-7688

Golden Ears Bridge

A8. Secret Ridge

#106 - 3458 Burke Village www.secretridge.ca

1 bed lofts from the mid $200s* 2 bed + dens from the mid $300s*

*Please ask us for details. E.&O.E.

56 metro vancouver new home guide | jan 25 - feb 8, 2013

Meadow Gardens Golf Course

Hammond Rd

Airport

GEORGIAN ROWHOMES IN PORT COQUITLAM

NET HST INCLUDED FOR A LIMITED TIME*

Dewdney Trunk Rd

HW Y

Harris Rd

LOU GHE ED H WY

LO UG HE ED

Harris Rd

A ve ette Brun

Mundy St

Austin Ave

LOUG HEED HW

Linton St

Gatensbury St

Blue Mountain St

Cla rk eR d North Rd

A5

Mundy Park

Dr

S Bonson Rd

Prairie Ave

mal Dr

Austin Ave

Como Lake Park

A8

A7

ia or ct Vi

Cedar Dr

Y

Smith Ave

A2

Coast Meridian Rd

HW

A4

A6

Victoria Dr

The r

Como Lake Ave

A1

A3

Ottawa St

ET

Dav id A ve

Johnson St

BA R N

David Ave He rita g eM Ioc oR ou Town d nta Centre in Lan Shoreline Park Bl sdo v Park d wn eD Pioneer r Memorial Rocky Point Inlet Park Park Park Coquitlam BARNET HWY Centre ST JOHNS ST Dewdney Trunk Rd

Coast Meridian Rd

Pin etr ee Wa y

Ridge Park

mosaichomes.com

Coquitlam/Port Coquitlam/port moody

jan 25 - feb 8, 2013 | metro vancouver new home guide 57

COQUITLAM/PORT COQUITLAM/PORT MOODY

58 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

COQUITLAM/PORT COQUITLAM/PORT MOODY

COMING SOON

3 + 4 BEDROOMS

in a land of protected cedars and lush ferns, is a collection of Craftsman duplex homes.

Connected but private.

Enjoyed by just a few.

MASTER ON THE MAIN DOUBLE-WIDE GARAGES FROM THE LOW $600,000’s David b So

Bathed in warm southern light, infused with fresh mountain air.

UP TO 2,500 SQ. FT.

Coast Meridian

Nestled between two tranquil creeks,

al

Gislason

l

e illag ke V Bur enade Prom

N

FIND OUT MORE secretridge.ca This is not an offering for sale. Such an offering can only be made with a disclosure statement. E.&O.E.

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 59

showhomeoftheweek

CARTE BLANCHE Light French Country and touch of fun add personality to Coquitlam showhome

by Janine Mackie

Exploring Carte Blanche’s sumptuous

3,928-sq.-ft. showhome is as pleasurable as sampling a decadent box of European chocolates. At each turn, a savoury surprise awaits – neutral richness in the Great Room, bedrooms filled with a ganache of colour, and tasteful pairings of rustic country and chic French inspired furnishings.

Nestled in the natural beauty of Coquitlam’s Burke Mountain, Wallmark’s boutique development features 16 custom homes, each built on an estate-sized private greenbelt lot ranging in size from 5,000 to 15,000 sq. ft. With just one customized lot remaining, the developer is now selling the coveted showhome, for

just shy of $1.1 million, plus the option to purchase all the furnishings valued at more than $85,000. Even if that’s not in your New Year’s budget, Carte Blanche is certainly a place to dream and get ideas as to what’s trendsetting in everything from colour palettes to spa baths. The home itself was designed by local architect, Bob Rusbourne, who specializes in the design of single-family “Street of Dreams” homes with an emphasis on practical liveability. The home’s architecture was a jumping off point for interior designer Leslie Waters when styling the showhome.

“I decided to compliment the exterior with a light French Country feel to most of the rooms,” explains Waters.

French Country is defined by its elegant look, with a touch of nature and country mixed in. This look can be achieved by bring-

60 metro vancouver new home guide | jan 25 - feb 8, 2013

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Nestled in the natural beauty of Coquitlam’s Burke Mountain, Wallmark’s boutique development features 16 custom homes, each built on an estate-sized private greenbelt lot ranging in size from 5,000 to 15,000 sq. ft.

ing in many of the elements at Carte Blanche: Natural inspiration, rustic country-inspired details, petrified or antiqued woods and decorative faux finishes such as the metallic colour blocks painted in the powder room.

For Waters, the exclusive interior designer for Wallmark Homes and owner of West Coast Design Interiors Ltd., a showhome’s decor doesn’t merely revolve around the creation of an aesthetic interior.

It’s about creating a custom space that resonates with homebuyers even if that means juxtaposing beautiful silk drapery in one room with Bob Marley nostalgia in another.

If potential buyers step into the front door and have a peaceful sense of being home, that’s just the beginning of the adventure. She strives to create a display home that showcases its multiple purposes

060-061-062-063 Showhome Carte Blanche_AY-WK.indd 61

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– places to dine and entertain, areas to unwind and relax, rooms teens will love and spaces enlightened by oversized acrylic canvases by local artists.

“I love good art. It’s the perfect way to express your own personality and style within your home,” says Waters. Two local artists, Carmel Clare and Lauren Schnarr generously put their paintings in the showhome on consignment.

Sales Manager Gina Halinda says these custom crafted homes have captured the fancy of buyers looking for a high-end alternative to the typical West Coast design.

While an almost 4,000-sq.-ft. home may feel like a step up to many, the majority of buyers have actually been empty-nesters who are downsizing and love the opportunity to work alongside a designer to personalize every aspect of their new home.

Don’t assume with its formal drawing room complete

with chandelier that this home is more pretense than practical. Just around the corner the spacious laundry room and mud room are prepped to even handle dog dishes and an entourage of after-school backpacks should a family choose this home.

Handsome wire-brushed oak hardwood ties each room together while bringing warmth to the great room which includes a conversation area in front of the hand-painted fireplace surround, a formal dining area overlooking the backyard, and an impressive open-concept kitchen boasting professional-series appliances, floor-to-ceiling cabinetry and a sprawling island topped with double-width granite.

Restoration Hardware was Waters destination for many of the showhomes’ key pieces including the kitchen stools and dining room chairs.

Showhome visitors won’t be alone if they dream of

62 metro vancouver new home guide | jan 25 - feb 8, 2013

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1/22/13 4:01:37 PM

REFRESH WITH PAINT

Want to update your home in 2013? A great way to refresh your look is to incorporate today’s current paint colours and update your accessories, says interior designer Leslie Waters.

“Always keep in mind that often less is more!” One of the season’s hottest colour trends is going GREIGE. Mysterious, elegant and a great background too. Try General Paints “Siberia” (CL2852W) which was used in Carte Blanche’s showhome throughout the living, dining, Great Room and master bedroom. Gorgeous on its own or paired with a darker shade like Benjamin Moore “Thunder” (AF-685) on ceilings, trim and wainscoting. Hot Hues for 2013 also include new colours that soothe, renew and even surprise like “Teal Tension” (Dulux Paint) and “Spring Willow” (Dulux Paint) used in the upstairs bedrooms.

transplanting the gallant master bedroom into their own home with its two walk-in closets, handsome solid maple furniture, and spacious ensuite bathroom. This spa retreat features a step-down shower for a luxurious expansive space, private toilet area, as well as shapely Maax freestanding acrylic bathtub.

Upstairs there’s a great teen hangout complete with laptop and study nook, and two bedrooms lined with large windows and bay-window seats.

The showhome’s basement is configured as a recreation and party room with a wet bar and wine cellar, media lounge and poker table. It’s not surprising the basement bedroom is the designer’s favourite, furnished with an eclectic collection of vintage finds she discovered along Commercial Drive.

Carte Blanche is sure to inspire home decor dreams with its elegant twist on the quintessential pleasures of life! Visit daily at 1321 Kingston St. in Coquitlam, open noon to 5 p.m. (except Fridays). Learn more at carteblanchehomes.ca or call 604.420.5220.

Love it & have to have it? Here’s the scoop on where to source these showhome finds: End Table:

Coffee Table:

Dining Room Table:

Master Bedroom Furniture:

Muse and Merchant Antique Concepts, Langley

Dining Room Chairs:

Restoration Hardware Dining Room Chandelier:

Pine Lighting, Surrey

Kitchen Stools:

Restoration Hardware

Living Room Sofa:

Jordan’s Casual Home

Jordan’s Casual Home

Sandy’s Furniture (solid maple, made in BC)

Boys Basement Bedroom:

retro finds from Commercial Drive area Bed Linens:

Dream Makers Luxury Bedding and Urban Barn

Original Art:

Carmel Clare and Lauren Schnarr

jan 25 - feb 8, 2013 | metro vancouver new home guide 63

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Victoria Dr

HW Y

Ottawa St

Coast Meridian Rd

e

Cedar Dr

Ave

Pitt Meadows / Maple Ridge

Dominion Ave

232rd St

Dewdney Trunk Rd

r Rd Rive

116th

Derby Reach Regional Park

240th St

207th St

Ave 1

Y HW

2. Hampstead at

Silver Ridge 13555 230A St. 604-466-9278

64 metro vancouver new home guide | jan 25 - feb 8, 2013

3. Trails Edge

24185 1068 Ave. 604-805-4669

4. Springside

24177 102 Avenue 604-477-2959

r Maclure D

104th Ave 4

102th Ave

Jac kso n

ED GHE LOU

Maple Ridge 11176 Gilker Hill Rd. 604-476-1188

110th Ave 108th Ave

Golden Ears Bridge

1. Bluetree Homes

at Kanaka Creek

3

Way aka Kan

240th St

Harris Rd

Pitt Meadows Airport

248th St

Dewdney Trunk Rd

227th St 228th St

124th Ave 224th St

216th St

123rd Ave

2

Hammond Rd S Bonson Rd

Ford Rd

Meadow Gardens Golf Course

203rd St

HW Y

Harris Rd

LO UG HE ED

Dewdney Trunk Rd 210th St

Dewdney Trunk Rd

224th St

e

Pitt Meadows/Maple Ridge S TA R TI N G F R O M

LIMITED TIME OFFER:

e Lucky 13 TURN-KEY PROMOTION BE ONE OF THE FIRST 13 BUYERS IN 2013 AND TAKE ADVANTAGE OF OUR LUCKY 13 TURN-KEY PROMOTION.

2013 Turn-Key Package* ✓ Stainless Steel kitchen appliance package. ✓ Washer and Dryer. ✓ 2” custom blinds package. ✓ Fully landscaped yards, front and rear. ✓ Side yard Fencing. ✓ Separate entrance into basement.

Imagine owning your own home, you very own lot without paying strata or maintenance fees from $379,980! Now you can at Springside. This family friendly community offers a new level of affordability and value in the lower mainland.

WWW.EPICHOMES.INFO

jan 25 - feb 8, 2013 | metro vancouver new home guide 65

■ ■ ■ ■ BLACK ■ ■ ■ ■ MAGENTA

PITT MEADOWS/MAPLE RIDGE

■ ■ ■ ■ CYAN ■ ■ ■ ■ YELLOW

You’re invited to our...

Meet the Builder Event Sunday, January 27

12:00 - 3:00pm

Best Planned Community...from coast to coast.

Awarded Best Residential Community 4 times in the last 6 years…visit us today and discover why.

Sales Centre & Displays

N

13555 – 230A St. Maple Ridge Open Every Day: Noon - 5pm

���

portraithomes.ca/blog/

COMMUNITIES FOR TODAY...

ABERNETHY WAY

AND FOR YEARS TO COME. ��� ST

��� ST

604.466.9278 HampsteadLiving.ca

BUILDING AWARD-WINNING

��� AVE

DEWDNEY TRUNK RD

Sales & Marketing by Coldwell Banker Tri-Tel Realty. This is not an offering for sale. Price excludes taxes. E. & O. E.

66 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

CLIENT: Portrait Homes Ad FILE NAME: Portrait_HAMPSTEAD_NHG_Awards.indd

DATE: Jan 16, 2013 AD SIZE: 7.25” w x 9” h PUB: New Home Guide

You Can Really LIVE Here

AVE

ST

gilk er h ill r d

B

KANA

ST

WAY

*Ask sales staff for details.

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

EY

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RS N EA

barnston island

AN

YFra PA SS se r

r ve Ri

G OLDE

Bonus*

H

Kanaka Creek

E

HW

AIRPORT WAY

LO UGH

ED

Schools, natural setting, family-friendly neighbourhood. Spacious floorplan, main floor powder room, bonus rec room, decks with a view.

$10,000 First Time Buyer

DEWDNEY TRUNK RD

D HWY

240

LO UG HE E

ST

3 & 4 BED TOWNHOMES

ST

Y

232

224

HW

ST

ED

AVE

216

HARRIS RD

HE

ST

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128

203

Kanaka Creek LO

now selling

132

210

DEWDNEY TRUNK RD

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Sales Centre open daily 12 -5 11176 Gilker Hill Rd., Maple Ridge 604 - 476 -1188 mcmillan island

See more at bluetreehomes.ca TRA

NS

- CA

NA

DA

HW

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Kanaka Creek ad for New Home Guide

96

AVE

at kanaka creek

RICHMOND / DELTA / LADNER / TSAWWASSEN Vancouver International Airport (YVR)

Rive r Dr

ay chie W Grant McCona

Richmond Centre

No 4 Rd

A3

No 6 Rd

Blundell Rd

Fr

No 5 Rd

No 4 Rd

No 3 Rd

Gilbert Rd

No 2 Rd

Williams Rd A2 South Arm Park

A4. The Pier at London Landing

9388 Cambie Rd. 604-279-8866

NORTH DELTA B1. Capella

28th Ave 10595 Delsom Crescent 604-581-8144 56th St

A2. South Arm Gardens Presentation Centre #100 - 12235 No 1 Rd. 604-274-7326

Riv er Rd

W AY L

A3. Remy

#2 Rd. & Andrews Rd. southpointecove.com

Gr ov eR oa d

6160 London Rd. (No 2 Rd. & London Rd.) 604-274-7326

68 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

17

English Bluff Rd

RD R RI VE

RD E NO

RICHMOND A1. Southpoint Cove

Be ac h

Cemetery

41st B St

8A Ave

Boundary Bay Regional Park

Dr Arthur

113 St

r

South Delta Park

48th Ave

47th A Ave 47 e

Way son Jack

8A Ave

W r Rd Rive

56 St

75A Ave 74 Ave

62nd B St

BU

17

55 St Beach Grove Golf Course

53A St

119A St

75 Ave

116 St

Chalmers Park

115 St

D ore rym Bar

72 AVE

r

Grauer Park

12 Ave

12 Ave

78B Ave

112 St

Monroe Dr

Dr

118 St Rd English Bluff

80 Ave

Blv d

i ve

TSAWWASSEN

Coast Tsawwassen Inn

53A St

82 Ave

52 St

84 Ave

SCOTT RD

North Delta Park

Mackie Park

on ica

Delta Nature Reserve

18 Ave 55 St

Tsawwassen Golf Club

80 Ave

M

17 90 Ave Splashdown Park

112 ST

Y

NORDEL WAY

HW ACIS ANN

Sa nt a

56 St

116 St

NORTH DELTA

53rd St

No 3 Rd

96 Ave

91

Deas Island Regional Park Finn Rd

52 St

A4

ilts hir e

rR

99 A1

W

e as

Rd er Riv

Steveston Hwy

Moncton St

B1

91

Westminster Hwy

Francis Rd

Railway Ave

No 1 Rd

RICHMOND HWY

Steveston Hwy

Garry Point Park

Cambie Rd

Granville Ave

Blundell Rd

Francis Rd

No 6 Rd

Cambie Rd

Alderbridge Way Lansdowne Park Mall Richmond Nature Park

Westminster Hwy

Granville Ave

Shell Rd

ss

No 3 Rd

Ru

Ba ke rW ay

Garden City Rd

Bridgeport Rd

No 5 Rd

RICHMOND

KNIGHT ST

River Rd

99

12th Ave

RN S

DR

■ ■ ■ ■ BLACK ■ ■ ■ ■ MAGENTA

■ ■ ■ ■ CYAN ■ ■ ■ ■ YELLOW

RICHMOND/DELTA/LADNER/TSAWWASSEN

now selling!

LAST CHANCE TO OWN

STEVESTON WATERFRONT

The latest addition to Steveston’s iconic waterfront, The Pier promises a rich and luxurious lifestyle on the water’s edge.

Set above street-level retail, The Pier at London Landing is a collection of 76 beautiful, high-end condominiums overlooking a vibrant pedestrian-friendly plaza, a public waterfront park, lush riverside walkways, and an array of shopping options.

Boasting incredible views and easy access to both Steveston Village and urban amenities, these premium view condos and penthouse units won’t be available for long.

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This is not an offering for sale. E.&O.E.

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 69

CLIENT: Steveston Real Estate - The Pier FILE NAME: ThePier_NHG_FullPg_Jan25.indd

DATE: Jan 18, 2013 AD SIZE: 7.25” w x 9” h PUB: New Home Guide

RICHMOND/DELTA/LADNER/TSAWWASSEN

2 BEDROOM BLOWOUT saLE PRICED aT

298,800

$

NET TaxEs INCLUDED

All 2 bdrm units include our uPGRADE PACKAGE VaLUED aT UP TO $10,000

, ask a e buyers First tim les A ssociate a S REMY details. for full

DISCOVERY CENTRE:

TO VANCOUVER AIRPORT (YVR)

BRIDGEPORT RD SEA ISLAND WAY

9388 Cambie Rd., Richmond

OPEN HOURS: Monday to Thursday 1- 4pm Saturday and Sunday 12- 4pm

604.283.2109

Offers apply to South Tower only. Upgrade Package is not available in conjunction with other REMY promotions. See Sales Team for full offer details.

Some restrictions and exceptions may apply. This is not an offering for sale, any offerings can only be made with a Disclosure Statement. E. & O. E.

70 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

CLIENT: Oris - Remy NCG Ad FILE NAME: 1031F Remy_NHG_Jan2013.indd

DATE: Jan 18/2012 TRIM SIZE: 7.25”wide x 9”high

ODLIN RD NO.4 RD

LiveAtRemy.com

SaleS & Marketing:

CAMBIE RD ABERDEEN CANADA LINE STATION

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NO.3 RD

HOME B

REBATE U Y E R S’

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10,000

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ALDERBRIDGE WAY TO HWY 91

richmond/delta/ladner/tsawwassen

NOW SELLING! FROM $ 498,800

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This is not an offering for sale. Any such offering must be made with a disclosure statement. E.& O.E.

FileInformation CLIENT: SEAN LAWSON - STEVESTON REMAX FILE NAME: 1042B Kraftsmen SouthArmNHG_hpg_horz_Jan2013.indd APPLICATION: Indesign CS4 LINE SCREEN: 200lpi FONTS: Oblik, ITC Officina Sans RUN DATE: January 16/2013

TRIM SIZE: 7.25” wide x 4.375” high PUB: NHG OPERATOR: CH

jan 25 - feb 8, 2013 | metro vancouver new home guide 71

fundamentallyspeaking

IT’S NEVER TOO EARLY TO BEGIN YOUR

tax-planning

by WAYNE KARL

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

CONSIDER, FOR EXAMPLE: » A recent CIBC poll conducted by Harris/Decima shows that many Canadians across a wide range of ages say they do not feel financially prepared for their retirement. » According to a new TD Retirement Realties Poll, too many Canadians procrastinate in saving for retirement; 15 per cent plan to save for retirement for only less than five years before leaving the workforce. More than twothirds (69 per cent) of retirees say, in hindsight, they should have saved for retirement for 25 years or more IF “NOTHING IS CERTAIN BUT DEATH AND TAXES,” » A recent BMO study found that more than a third (40 per as several famous authors have waxed in various forms, it seems cent) of Canadians are unclear on the differences between Canadians have a curious way of preparing for the inevitable. an RRSP and a tax-free savings account.

While the deadline for contributing to one’s Registered » If, like many Canadians, you believe that you pay too much Retirement Savings Plan (RRSP) for the previous tax year is tax, then tax-planning, and thinking of ways to minimize March 1, and for filing a return April 30, many Canadians tax, should be a year-round task. take it right down to the wire – especially on the first point.

With these deadlines not too far around the corner, it’s an SOME SUGGESTIONS, COURTESY OF A VARIETY OF SOURCES: appropriate time to discuss how consumers tend to begin most Meet with a financial advisor to devise your strategy, including of their tax planning. plans to buy a home, reduce debt and save for retirement.

Indeed, as many experts suggest, the best tax planning Contribute to RRSPs regularly, even if smaller amounts should begin during the year – not at tax deadline time. But, throughout the year to avoid having to come up with a large like death, perhaps Canadians just don’t like to think about lump sum at deadline time. taxes, viewing them as an equally unsavoury topic.

Manage and budget your spending, to better control where How else would you explain that, looking at the bigger and how you spend and identify opportunities to save. picture, we are seemingly even more short-sighted: personal Remember that your fi nances are connected. Making finance and taxes are not subjects that are taught to any depth progress on one aspect of your goals can lead to an opportunity in our public education system. David Chilton lamented this to improve in others. fact in his 1989 best seller, The Wealthy Barber. More than Taxes are indeed certain, so planning to minimize what 20 years later, the challenge still exists – for Canadians of you pay, while maximizing your assets and developing the every age. discipline to do both, is a sound strategy.

72 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

072 FS-Tax planning_JY-WK.indd 72

1/22/13 4:01:56 PM

RICHMOND/DELTA/LADNER/TSAWWASSEN

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PEACE ARCH NEWS CLIENT: Aquilini PROJECT: Tsawwassen Shores

JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 73

CALCULATE YOUR MORTGAGE PAYMENTS INTEREST RATE

AMORTIZATION PERIOD

CHART FIGURE

EXAMPLE: 5%

25 YEARS

5.82

MORTGAGE AMOUNT ÷ 1,000 (MORTGAGE AMOUNT $125,000)

125

MONTHLY PAYMENT

$

FOLLOW THESE STEPS TO SEE IF YOU’LL QUALIFY FOR A MORTGAGE ON YOUR DREAM HOME

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 home.

03

Take the total price of the home 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 06

Multiply this figure by the amount you need to borrow. Divide by 1,000.

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 home.

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.

74 METRO VANCOUVER NEW HOME GUIDE | JAN 25 - FEB 8, 2013

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MORTGAGE PAYMENT CALCULATION CHART % INTEREST RATES

AMORTIZATION PERIODS 10 YEARS

15 YEARS

20 YEARS

25 YEARS

3.00%

9.65

6.90

5.54

4.73

3.25%

9.76

7.02

5.66

4.86

3.50%

9.88

7.14

5.79

4.99

3.75%

9.99

7.26

5.91

5.13

4.00%

10.11

7.38

6.04

5.26

4.25%

10.23

7.50

6.17

5.40

4.50%

10.34

7.63

6.30

5.53

4.75%

10.46

7.75

6.44

5.67

5.00%

10.58

7.88

6.57

5.82

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.75%

10.94

8.27

6.98

6.25

6.00%

11.07

8.40

7.12

6.40

6.25%

11.19

8.53

7.26

6.55

6.50%

11.31

8.66

7.41

6.70

6.75%

11.43

8.80

7.55

6.85

7.00%

11.56

8.93

7.69

7.00

7.25%

11.68

9.07

7.84

7.16

7.50%

11.81

9.21

7.99

7.32

7.75%

11.94

9.34

8.14

7.47

8.00%

12.06

9.48

8.28

7.63

8.25%

12.19

9.62

8.44

7.79

8.50%

12.32

9.76

8.59

7.95

8.75%

12.45

9.90

8.74

8.12

9.00%

12.58

10.05

8.86

8.28

9.25%

12.71

10.19

9.05

8.45

9.50%

12.84

10.33

9.20

8.62

9.75%

12.97

10.48

9.36

8.78

10.00%

13.10

10.63

9.52

8.95

10.25%

13.24

10.77

9.68

9.12

10.50%

13.37

10.92

9.84

9.29

10.75%

13.50

11.06

10.00

9.46

11.00%

13.64

11.22

10.16

9.63

11.25%

13.77

11.36

10.32

9.80

11.50%

13.91

11.52

10.49

9.97

11.75%

14.04

11.66

10.65

10.15

12.00%

14.18

11.82

10.81

10.32

12.25%

14.32

11.97

10.98

10.49

12.50%

14.46

12.13

11.15

10.67

12.75%

14.59

12.28

11.31

10.85

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $300,000 mortgage with a 25-year amortization period at 5% is as follows: ($300,000 รท 1,000) X 5.82 = $1,746 JAN 25 - FEB 8, 2013 | METRO VANCOUVER NEW HOME GUIDE 75

074-075 Homebuyers Resource-AY.indd 75

1/22/13 4:04:54 PM

BRITISH COLUMBIA’S NEW HOME DEVELOPMENTS PROjECT

ABBOTSFORD Abacus Uptown Auguston Argyle Brooklyn Cedar Landing Creekside on Downes Eagle Estates Eagles Gate Falcon Ridge Foxwood Lift Luna Mahogany at Mill Lake Pepin Brook Waterleaf Westerleigh BURNABY Affinity Altitude Aviara Casa d’oro Cassia Eden at Edmonds Firma Highland House Kabana Lift Madison Met, The Met, The Metro One Metro Two Metro Metroplace Moda Montage North Parc OakTerra Panacasa Parkside Greene Reflections Sevens, The Silver Sixth Street Villas Solo District Trio Vantage Venice Vibe Westridge Living CHILLIWACK / SARDIS Ameera Englewood Village Garrison Crossing Heron’s Landing Jinkerson Vistas La Cason Ranchero Estates Summit Residences, The Solara Townsend Terrace COQUITLAM 1123 Westwood Amberleigh Austin Birchwood Estates at the Foothills Bloom Breeze Residences

TYPE

LR SF TH LR TH SF SF SF SF SF LR TH HR SF LR TH HR HR HR TH TH TH LR LR LR LR/TH LR HR TH LR LR TH HR HR LR LR LR LR/TH TH HR TH HR TH HR LR HR LR LR TH LR SF SF/LR/TH SF LR TH SF SF TH HR SF HR SF LR/TH TH

C O N TA C T

PRICE

PROjECT

604-854-1201 604-308-8660 604-557-5959 604-746-3496 604-533-3491 604-850-4518 604-217-0455 604-309-7729 604-309-0540 604-850-5040 604-557-1047 778-895-5862 604-746-1551 604-856-1118 604-850-3694 604-607-7801

Call From $559,000 Call From $169,900 From $289,000 From $579,900 From $829,000 incl. HST From $373,500 From $789,000 From $524,900 incl. HST From $98,600 From $289,900 incl. HST Call From $549,900 From $179,000 From $269,900

604-453-5893 604-456-8883 604-291-9130 604-436-1100 604-568-8270 604-329-8228 604-205-7127 604-941-4663 604-288-7394 604-320-3386 liveatburnabyheights.com 604-899-8800 604-899-8800 604-435-9477 604-435-9477 604-435-5565 604-435-8866 604-871-4256 liveatburnabyheights.com 604-889-7008 604-431-6033 604-437-0100 604-435-7088 604-525-8496 778-378-7777 604-435-8866 604-727-8707 604-298-8800 604-218-3338 604-294-3339 veniceliving.ca 604-970-9606 778-995-9198

Call From Mid $200’s From $352,800 From $499,900 Call Coming Soon Call From $209,900 Coming Soon Call Coming Soon From $297,900 From $749,900 Call From $439,900 Call Call From $330,900 Coming Soon From $274,900 Call From $239,900 From $299,900 Call From $299,000 From $300’s From $429,000 From $249,900 From $249,900 Call Coming Soon From $259,900 From $437,900

1-888-419-7425 1-888-827-8823 604-824-5062 604-858-7179 1-877-858-2408 1-800-830-7175 1-800-795-2955 604-824-6473 604-702-0818 1-800-830-7175

From $125,900 From $209,900 Call From $269,900 From $399,900 net HST incl.

From $184,900 From $239,900 From $508,000 incl. HST Call From $242,900

604-472-1123 604-514-4359 604-931-0302 604-461-7777 604-939-8808 604-374-4329

Call Coming Soon From low $200’s Call $249,900 From $399,900

Penthouse (PH)

Real Estate Sales & Marketing From the ground up

Live Work (LW)

City Home (CH)

Burke Mountain Heights Carte Blanche Cascade Cedar Creek Celadon Citadel Heights Creekstone Trail Easton Emerson Evergreen Farrington Park Grand Central 1 Grand Central 2 Grand Central 3 Hazel Kingston MThree Maya Mackin Park Meridian Heights Northbrook Oasis Riley Secret Ridge Solo David Somerton Southview at Burke Mountain Sterling Tamarack Thomas House Wynwood

C O N TA C T

PRICE

SF SF LR TH HR SF SF LR LR HR TH HR HR HR LR SF HR LR LR SF TH HR TH TH SF SF SF SF LR LR TH

778-285-6299 604-461-7777 604-472-0009 604-880-1880 604-552-7744 604-468-2169 778-898-0435 604-936-2012 604-936-9300 604-942-2672 604-464-7985 604-618-8980 604-936-1888 604-936-1888 778-829-1500 604-514-4359 604-472-9555 604-288-9888 604-939-8874 604-533-3491 604-464-4155 604-464-2701 604-468-7688 secretridge.ca 604-878-7656 604-469-8581 604-533-3491 604-464-2260 604-552-3003 604-552-1113 604-942-2239

From High $700’s Call Call From $419,900 Coming Soon From $699,000 Call From Low $200’s Call From $267,900 From $369,900 From $419,900 From $384,900 From $299,900 From $220,500 incl. HST Coming Soon Call Call From $199,900 Call From $359,900 Call From $349,900 Coming Soon Call From $699,900 incl. HST From $778,582 From $689,900 From $279,900 From $349,900 From $349,900

LR

604-940-5533

From $324,900

DELTA LADNER Canu NORTH DELTA Atria Capella Luxor South Pointe TSAWWASSEN Tsawwassen Heights Tsawwassen Springs

LR TH LR SF

778-565-3879 604-581-8144 604-590-8003 604-584-2908

Call From $519,900 From $199,900 From $699,900 incl. HST

SF SF/LR

604-271-7288 604-948-HOME

Call Call

LANgLEY Ascot Athenry Gate Bearing Pointe Cornerstone Elements Flat Iron Focus Hart Milner Heights Seasons Murray’s Walk Nature’s Walk Outlook Red Maple Park Serenade Shaughnessy Mews Suede Varsity Village at Bedford Landing Virtue York Yorkson Creek Yorkson South

SF LR LR LR LR LW TH/LR TH SF SF LR TH TH TH LR TH LR LR LR TH TH LR SF

604-571-6400 604-882-8857 604-530-7011 604-534-6000 604-533-7718 604-888-2793 604-568-3385 604-568-3385 604-539-9484 604-539-9484 604-510-6500 604-888-8370 604-888-8778 604-888-8699 604-635-0643 604-888-4044 604-514-1530 604-539-2200 604-888-2793 604-534-6000 604-568-3385 yorksoncreek.com 778-785-1673

From Low $600’s From $137,500 From $194,900 From $169,900 From $159,900 net HST incl.

Call Coming Soon Coming Soon Call From $599,900 Call Call Call From $289,900 From $309,900 Call From $174,900 From $139,900 From $244,900 From $294,900 From $299,900 From $179,900 From $440,000

604-463-0588 604-351-3261

From $139,900 Call

MAPLE RIDgE 223 North Cottonwood Ridge High Rise (HR)

Mid Rise (MR)

LR TH 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 HOME gUIDE | jan 25 - feb 8, 2013

TYPE

evelopments

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 ro j ect

Falcon Centre Forest Hills Hampstead at Silver Ridge Kanaka Creek Mainstone Creek Maple Creek Parc Vue Pointe, The Spencer’s Green Springside Trails Edge

T Y P E contact

LR SF SF TH SF TH LR SF SF SF TH

604-477-1500 604-575-5262 604-466-9278 604-476-1188 604-463-5000 604-908-2352 604-467-8884 604-999-2452 778-237-5713 604-465-6886 604-805-4669

MISSION / HARRISON Fraser Landing TH 1-888-826-1177 Horizons TH 1-888-826-1177

P ric E

P ro j e c t T Y P E co n ta c t

Call Call From $459,900 From $329,900 Call From $469,900 Coming Soon From $489,900 Call From $389,900 From $459,900 From $249,900 From $319,800

NEW WESTMINSTER Alexander Walk TH 604-779-1292 From $349,900 Brewery District LR 604-694-1188 Coming Soon Carlyle at Victoria Hill HR 604-523-0733 Call Dominion HR ledmac.com/dominion From $299,900 Elliot St HR 604-524-8080 From $224,900 English Mews TH 604-517-1688 From $329,900 Flow TH 604-520-9880 $508,900 net HST incl.

Grove, The LR 604-523-0733 Call Marinus @ Plaza 88 HR 604-519-9188 Call Northbank HR 604-523-0081 From S261,900 Parkside HR 604-523-0733 Call Red Boat at Port Royal SF 604-520-9890 From $536,900 Red Boat at Port Royal DP 604-520-9890 From $457,900 Regatta at Port Royal LR 604-520-9890 From $390,900 Shift LR 778-397-2283 From Low $200’s Thompson Landing SF 604-520-3226 From $476,900 Viceroy LR 604-522-2583 From $321,900 NORTH VANCOUVER 700 Marine Drive LR/LW 604-984-0700 Atrium at the Pier MR/TH 604-983-9065 Capstone MR 604-929-8870 Destiny 2 at Raven Woods LR 604-929-1915 Drive, The LR 604-986-8138 Kimpton, The LR 604-988-3020 Landing, The MR 604-983-9065 Latitudes TH 604-435-9477 Local on Lonsdale HR/LR/TH 604-998-0219 Orizon LR 604-638-6240 Pinnacle Residences at the Pier MR 604-983-9065 Prescott HR 604-969-3333 Remix LR 604-924-8885 Versatile Building, The HR 604-924-5595

From $299,000 Call Call From $289,900 Call From $359,900 Call From $469,900 From $309,900 From $299,900 Call From S248,900 Call From Low $300’s

PITT MEADOWS Cedar Downs LR 778-846-3200 From $194,900 Liv42 LR 604.460.6601 From $134,900 Solaris at Meadows Gate HR 604-460-8998 Call PORT COQUITLAM Avanti LR 604-468-2707 Burleigh Walk LR 604-464-5856 Carmandy LR 604-435-9477 Dominion TH 604-469-8988 Residences on Shaughnessy LR 604-468-0010 Shaughnessy, The HR 604-468-8252 South Verde LR 604-468-8640 Valorie on the Park LR 604-464-4764

From $215,800 From Low $200’s From $209,900 Call From $199,900 Call Call From $175,000

PORT MOODY Residences, The HR 604-552-0552 Call Station, The TH thestationliving.ca Call RICHMOND Alexandra Gate TH 604-274-7326 Call Altis HR 604-231-0588 From $298,800 Bravo HR 778-297-6222 From $298,800 Penthouse (PH)

Live Work (LW)

City Home (CH)

Camber Centro Concord Gardens Currents Emerald Empire Living Gardens, The Hamilton Station Karat La Villa Mandarin Mayfair Place Mezzo Mohali Monet Nova Omega Opal at Richmond Centre Ora Orchard Orchid Lane Parc Riviera Parc Riviera Pier, The Remy Quintet Riva River Green River Inlet River Park Place Rosedale Gardens Saffron Sonalta Residences South Arm Garden Southpointe Cove Westminster Terrace

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

604-276-0677 604-270-8305 604-233-7748 604-274-7326 604-244-8333 604-244-9622 604-271-3331 604-274-7326 604-725-1250 604-377-3068 604-233-1687 604-278-5809 604-725-1250 604-377-2051 604-233-7748 604-278-8883 604-233-7748 604-303-7575 604-278-8838 604-303-8819 604-307-0400 604-231-5900 604-231-5900 604-274-7326 604-279-8866 604-247-8885 604-278-8838 604-233-2633 604-233-2633 riverparkplaceliving.ca 604-961-6919 604-270-2482 778-990-6688 604-998-4526 604-273-2828 604-204-1077

P r i cE

Call From $389,900 From $236,800 Call From $288,000 Call From $241,800 From $359,900 Call Call From $299,900 From $324,900 Call From $438,000 incl GST From $288,900 From $299,900 From $279,900 From $464,900 Call From $259,900 From $399,900 From $200’s From $400’s Call From $211,900 Call Call Call Call From $299,900 Call Call From $628,000 From $498,800 Call Call

SUNSHINE COAST Viewpoint Residences LR 1-888-385-3295 Wakefield Beach SF 1-888-741-9899 Waterfront @ Porpoise Bay TH 1-888-361-5500

From $199,900 Call Call

SQUAMISH / WHISTLER Elaho TH 604-898-2232 Ocean Crest SF 604-896-2235 Ravens Plateau SF 1-888-852-7575 Aqua TH/LR 1-877-344-5566 Streams at Eaglewind TH 1-877-892-5888 University Heights LR 1-888-852-7575

Coming Soon From $1,298,000 Call From $239,000 From $405,000 Call

SURREY Alexa Altura Atria Ascend Balance Bishop Creek Blossom Court Boardwalk Brookland, The Cambridge Park Canvas Citypoint Connect Edge Edgewood Enclave at Boundry Park Encore at Maple on 164th English Mews Ethical Gardens Fusion G3 Residences

From $436,900 incl. net HST From $329,900 Call From $170’s Coming Soon From $339,900 From $339,900 net HST incl.

From $339,900 incl. net HST $169,900 From $279,900 Coming Soon $186,900 From $118,800 Call From $344,900 From $349,900 Call From $329,900 From $235,900 Coming Soon Call

High Rise (HR)

Mid Rise (MR)

Low Rise (LR)

TH TH LR LR LR TH TH TH LR TH TH HR LR LR TH TH TH TH LR TH HR

604-583-2555 778-578-5275 778-565-3879 604-596-2202 tiensher.com 604-588-0005 778-395-4109 604.506.1852 604-395-3080 604-535-9633 liveatcanvas.com 604-580-4199 778-395-1886 778-395-7704 604-644-7811 604-657-3709 604-716-9506 604-517-1688 604-584-1172 778-578-9779 604-453-6688

Loft (LO)

jan 25 - feb 8, 2013 | metro vancouver new home guide 77

P ro j ect

Guildford Greens Highlands at Sullivan Ridge Kendra Latis Latitude Links, The Lumina Madison Mirra Monterosso Oliver’s Lane Panorama Station Panorama West Village Panorama Woods Park Avenue Park Place Quattro 3 Rockwoods Sequoia Silverwood Teo Hyland Residences Ultra at West Village Vantage Verve Walks, The Wave CLOVERDALE Allegro Clayton Heights Clayton Rise Ebbens Crossing Grove, The Grove at Cambridge, The Highgrove at Provinceton Hillcrest La Rue One92 Sun 72 Salix Sunset Grove Uptown Clayton Village Waterstone

T Y P E contact

P ric E

P ro j ect

TH 604-307-0400 From $349,900 SF 778-565-7768 From $669,900 incl. HST TH live@kendra.com Coming Soon LR 604-575-0669 From $194,900 LR 604-596-5075 From $264,900 SF 778-574-2550 From High $600’s LR 604-760-7672 From $249,900 inc. net HST TH 604-543-6262 From $320,000 LR 604-575-9009 Call LR 604-596-8828 From $249,900 SF 604-543-3868 From $489,900 TH 604-372-2275 From $299,800 TH 778-885-6700 Call TH 778-593-9954 From $329,900 HR 604-233-7748 Coming Soon HR 604-583-9866 From $182,900 LR 604-581-8000 From $199,900 TH 604-503-1188 Call TH 604-575-7366 From $329,900 TH silverwoodliving.ca From $300’s TH 604-288-8918 From $299,900 TH/HR 604-588-6999 From $186,900 SF/TH 604-579-0247 From $345,900 incl. HST LR 604-588-3783 From $160’s CG/TH 604-440-8070 Coming Soon HR 604-951-9283 Call

TH 604-574-5415 From $335,900 TH/DU 604-723-4497 From $549,900 TH 778-278-0030 $282,900 DU 778-389-7074 From $469,900 TH 604-533-6968 Call TH 604-597-7177 Call SF 604-888-8758 From $599,900 TH 604-575-5569 Call TH 604-575-8518 From $279,900 inc HST LR/TH 604-576-1772 From $199,000 TH 604-575-8806 From $292,900 LR 604-530-0054 From $229,900 LR 604-532-7711 From $211,900 TH 778-574-0146 From $339,900 LR 604-530-5399 From $219,900

VANCOUVER & AREA DOWNTOWN 540 Beatty LR 604-684-5403 From $869,000 999 Seymour MR 604-879-9996 From $325,900 Alexandra HR 604-899-8800 From $839,900 Erickson HR 604-899-8800 From $2,499,000 Fairmont Pacific Rim Estates HR 604-781-4303 Call Jameson House HR 604-339-0707 Call Keefer LR 604-408-2580 From $1,600,900 Keefer Block LR 604-682-8813 Coming Soon Laguna HR 604-682-5300 From $900,000 Living Shangri-La HR 604-605-8833 Call Maddox HR 604-669-8200 From $319,900 Mark, The HR 604-687-4353 Call Modern HR amacon.com From $300’s One Pacific HR 604-899-8800 Coming Sonn Ritz, The HR 604-876-9222 Call Rolston, The HR 604-688-8927 Call Sapphire, The HR 604-876-9222 Call Three Harbour Green TH/HR 604-683-3388 Call EAST SIDE 2nd & Commercial LR 604-800-8862 From $269,900 16 East TH 604-724-6335 From $699,900 Alba LR 604-251-2522 From $327,000 Avant TH 604-298-2240 From $618,900 Block 100 HR 604-682-8801 Call Bohème LR 604-569-3388 From $227,900 Central HR 604-687-4353 Call Charm LR 604-330-8838 $266,900 Cedar 54 LR 604-325-0192 Call Jeffs Residences, The TH 604-558-1907 Call Latitude TH 604-377-1362 From $688,000 Local LR 604-688-5527 From $349,900 Majestic On Main LR/TH 604-638-9222 From $399,900 Penthouse (PH)

Live Work (LW)

City Home (CH)

T Y P E contact

P ric E

Meccanica HR 604-876-8819 From $324,900 River Walk TH 604-438-2858 From $698,000 Sesame LR 604-253-8888 From $259,900 Shine MR Coming Soon Skyway HR 604-436-1100 Call Uptown LR 604-899-8800 From $276,800 Woodshire TH 604-719-1700 From $420,900 WEST SIDE 6 & Fir HR 604-899-8858 From $449,900 700 West 8th HR 604-714-2213 From $819,900 5555 Dunbar LR 604-568-7551 From $300,000’s Academy HR 604-228-8895 From $498,000 Alder Crossing TH/Flats 604-600-5405 From $269,900 Anchor TH Coming Soon Bayswater LR 604-739-8880 Call Blanc TH 604-600-8790 blancmodern.com Cambie & 7th HR/TH 604-568-5060 Call Collection 45 LR 604-569-1555 Call Elizabeth LR 604-877-1722 Call Exchange 604-716-0483 Call LR Fairview Green TH 604-742-1070 From $1.3 million Granville Mews TH 604-261-8088 Call James MR 604-675-1000 From $424,900 Kits360 LR 604-737-0360 From $299,900 Lido HR 604-872-2672 From $458,900 Maynards Block, The LR 604-893-8378 From $262,900 MC2 HR 604-638-9998 From $259,000 McKenzie Green TH 604-558-2908 From $998,800 Montgomery TH 604-369-6641 From $619,900 Opsal HR 604-876-7332 Call Pinnacle Living Broadway MR 604-739-2080 From $429,900 Pinnacle Living False Creek MR 604-874-8368 From $369,900 Prelude MR 604-616-7008 Call Radius ledmac.com/radius Coming Soon Riley, The LR 604-616-7008 Call Sixth and Willow sixthandwillow.com Coming Soon Sydney HR 604-733-6688 $468,900 Village on False Creek, The MR 604-874-8368 From $385,500 Westerly, The LR 604-568-3399 From $300,000’s WEST VANCOUVER Evelyn LR 604-922-0330 Call Lido HR 604-872-2672 From $458,900 WHITE ROCK / SOUTH SURREY Abbey Road TH Adagio LR Arista TH Augusta TH Avra HR Belcroft, The TH Blu TH Breeze TH Edgewater LR Elgin Oaks TH/SF Europa LR Gemini LR Greens at Douglas, The TH Headwaters LR Heights, The TH/LR Juniper SF Landstar at Summerfield SF Miramar HR Morgan Crossing LR Morgan Heights SF Pier 16 TH Promenade LR Toccata TH Sausalito MR Summerfield SF Vinterra TH Wills Creek TH High Rise (HR)

Mid Rise (MR)

Low Rise (LR)

604-542-0660 604-531-6659 604-536-8887 liveataugusta.ca 604-531-9030 604-568-8830 604-782-5258 604-582-1113 604-535-9655 604-636-8525 604-908-2352 604-536-1663 604-619-4902 604-535-1451 778-545-8737 liveatjuniper.ca 778-389-5262 604-542-8700 604-582-1336 604-560-1053 604-542-1616 604-836-1818 604-535-5088 604-531-2200 604-536-1155 604-536-7171 604-542-8971

From $349,900 Coming Soon From $344,900 From $429,900 net HST incl.

From $339,900 From $599,900 incl. HST From $599,900 $304,900 From $419,900 Call Coming Soon Call From $540,900 $313,500 Call From $769,000 net HST incl.

From $749,900 incl. HST From $637,900 From $279,900 From $840,000 From $349,900 From $314,900 $379,900 Call From $588,600 From mid $600’s From $539,900

Loft (LO)

www.macmarketingsolutions.com We sell the homes you want to buy. /MacMarketingSolutions 78 metro vancouver new home guide | jan 25 - feb 8, 2013

@MAC_Marketing

/MACMSTube

SE !

A NG PH LI L L A E N S FI OW N

RARE

OPPORTUNITY. Premier townhomes within the prestige community of Sunny South Surrey.

Prices start at $549,900 for a west-coast luxury townhome.

Welcome to Wills Creek: luxury interiors, and an unmatched location. Our townhomes feature nine foot ceilings, geo-thermal and high-end gourmet kitchens. The 2000 square foot fitness centre includes a heated outdoor pool, hot tub and flowing waterfalls. It’s everything you need to call Wills Creek the very best quality in South Surrey living!

Prices start at $549,900 for an exceptional home, come and see just how much value you can get at Wills Creek! Visit our

new ideas inspire better places

showhome now for your best selection and pricing.

www.willscreek.ca | 604.542.8971 Showroom open daily: noon to 5pm (except Fridays) at 3109 - 161st Street, Surrey, Across the street from Morgan Creek Golf Course.

THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFER CAN ONLY BE MADE WITH A DISCLOSURE STATEMENT. PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE. E &O.E.

20 HISTORIC HOMES ◆ Refined urban living starting at the low 400’s

A rare opportunity to be part of

HISTORY. DISPLAY HOME

GRAND OPENING

Saturday PRIO

T RS

FEB 9, 2013 Strathco na Park

NOW PREVIEWING

Join us for our Display Home and Sales Centre Grand Opening and be the first in line for these distinctive homes. Historic 1907 architecture blends seamlessly with stately modern interiors — refined urban living, in the heart of Commercial Drive.

VENABLES ST

HISTORICALLY INSPIRED TOWNHOMES 3 Bedroom Homes from the low 600’s

CHARLES ST

PREVIEWS BY PRIVATE APPOINTMENT CLARK DR

This is not an offering for sale. Any such offering may only be made with a Disclosure Statement. E. & O. E.

marketing by:

JEFFSRESIDENCES.CA 604.558.1907 TER

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VICTORIA DR

WILLIAM ST

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HERITAGE MANOR RESIDENCES 1+2 Bedroom Apartments from the low 400’s

Presentation Centre 1829 Charles Street Vancouver, BC V5L 4G7

The Jeffs Residences

History Meets Vision

by Susan M Boyce

T

he Drive. It’s a neighbourhood like no other. Boasting an eclectic vibe, a distinctly artistic outlook, and some of the most authentic Italian coffee shops in the Lower Mainland, The Drive is where history merges with modernist vision. It’s a place where you never quite know which favourite neighbour you’ll meet on your way to snag some fresh veggies or exotic cheeses at the local deli, but you do know the conversation will be lively and entertaining.

If this is the community you want to call home, 2013 is starting out with some news that’s going to get you jumping for joy. Sales at The Jeffs Residences are about to begin. And make no mistake, these townhomes and manor residences have plenty of attitude and unique pizzazz. Or, as Ryan Lalonde, principal of BLVD

Marketing Group, expresses it, they “take design and luxury to new levels in a highly creative neighbourhood — but you really have to see them for yourself to truly understand just how exceptional they are.”

Unique Homes for Unique Lifestyle First on our tour are the manor residences. Originally home to Vancouver alderman, Dr. Thomas Jeffs and his family, this elegant, 1907 manor house was shifted to the southwest corner of the property before being completely reinvented as six dramatic apartment homes plus a pièce de résistance penthouse. “One of the developers lives just a few blocks down the road, but all three wanted to create a design so unique that when someone says ‘I own the turret at The Jeffs Residences,’ everyone will know exactly which home you mean,” Ryan explains as we head to the fourth floor.

Apparently the gentleman who arrived just ahead of us is already smitten with this one-of-a-kind home. “I love this space. It just feels so… good,” he says making an intense, 360 survey of the two-storey living room. “And who knew you’d get such a great view of downtown.” Ryan

takes a moment to show him that yes, the heritage-style (but totally 21st Century, energy-efficient) windows really do open fully to let in refreshing spring and summer breezes. We leave him admiring today’s winter view of the snowcapped North Shore Mountains and head over to check out the townhomes.

“Townhome developments are extremely rare on The Drive,” Ryan says opening the door to the newly opened showhome. “The Jeffs Residences is even more unusual because it’s introducing a level of luxury that hasn’t been offered in this neighbourhood before.”

A marriage of tradition and modernism, this floor plan has an easy-going, open ambiance that’s enhanced by natural light flooding in though windows on both sides. “Because our partner’s are all extremely connected to this neighbourhood, they purposefully designed The Jeffs Residences to appeal to the people who love the unique lifestyle here,” Ryan says.

“It’s all about details,” he explains, pointing out the contemporary quartz counters and an eating bar create a visual counterpoint to the kitchen’s heritage-style, white Shaker cabinetry. Storage is everywhere: generous coat closet by the front door, full-height pantry wall, even a nook under the stairs for seasonal items. “Let’s face it, it doesn’t matter whether you’re single, a couple, or a family, you can never have too much storage can you?” Ryan asks. True.

Next stop: second floor. Two bedrooms, laundry room with storage, linen closet, main bathroom with comfy looking soaker tub, tech nook on the landing, and a second set of stairs I’m betting will lead to a master suite spanning the entire top floor — a guess that Ryan’s delighted to confirm. This space continues The Jeffs Residences’ underlying theme of luxury with a frameless glass shower, vaulted ceiling, and thick, soft, easy-on-the-toes carpeting. Even the walk-in closet is special — filled with natural light from a window, it’s large enough to be a mini office. It all adds up to a welcoming retreat where daily stresses simply melt away.

Amazing Neighbourhood “People who’ve been following our progress are typically buyers who want to live in the neighbourhood because they love The Drive’s diverse commercial amenities and easy access to downtown Vancouver,” Ryan says. “Parents love it because their kids can benefit from being in the catchment area for some of the Eastside’s most sought after schools. Young professionals love it because they’re a short stroll to eateries, specialty boutiques, or cultural venues of all types. And if you’re a cyclist, you’re right in the centre of bike routes to get you almost anywhere.”

“And if you want a great brunch, you have to try the Havana Club.”

It takes a second before I recognize the man from the Turret Suite who’s now donned helmet, sunglasses, and bicycle jersey. “Best Eggs Benny going — honest.” Then, in a flash, he’s gone. I check my watch and realize I’ve got just enough time to confirm his recommendation, after all, everyone’s got to eat sometime…

The Jeffs Residences is a select offering of historic one and two bedroom manor-style apartment homes priced from the low $400,000s plus three-bedroom townhomes from the low $600,000s.

Fully furnished display homes are now open at 1829 Charles Street (Charles and Salsbury, one block east of Commercial Dr.) in Vancouver. The Grand opening celebration will be at noon on February 9th or VIP preview by appointment anytime. Better hurry though, because this rare and delightful offering is sure to sell out rapidly. For more information visit jeffsresidences.ca or call 604.558.1907.

The Jeffs Residences is introducing a level of luxury that hasn’t been offered in this neighbourhood before.

Ryan Lalonde, BLVD Marketing Group

20 HISTORIC HOMES ◆ Refined urban living starting at the low 400’s

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GRAND OPENING FEB 9, 2013

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Call now to book your private preview

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JEFFSRESIDENCES.CA 604.558.1907

marketing by:

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