BC New Home and Condo Guide - Aug 3, 2018

Page 1

AUG 3 – 17, 2018 | nexthome.ca

METRO VANCOUVER EDITION

Connecting Canadians to new HOMES & CONDOS for more than 25 years

INSIDE:

WHAT’S INFLUENCING HOMEBUYERS’ DECISIONS?

MOVING? HERE’S YOUR PRE-MOVE CHECKLIST






TOWER TWO

450+ HOMES

SALES STARTING SOON

Live In Canada's Largest New Master Plan 01

VISION & MASTER PLAN:

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TRANSIT & LOCATION:

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SHOPPING, DINING & CULTURE:

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SERVICE & SECURITY:

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HOMES & DESIGN:

07

INDOOR & OUTDOOR AMENITIES:

A 37-acre visionary master plan community

A convenient, central location with on-site access to all SkyTrain lines

On-site, round-the-clock concierge, with valet, landscapers and security

R E G I S T E R

A diverse array of shops, restaurants and places to entertain

An elevated standard of floorplans and features for intelligent living

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Featuring a 1.6-acre central park, landscaped boulevards & pocket parks

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THECITYOFLOUGHEED.COM PRESENTATION CENTRE OPEN DAILY 12PM - 6PM (EXCEPT FRIDAY) — 9850 AUSTIN RD, BURNABY

(Lougheed Shopping Centre)

TOWER TWO: 450+ HOMES TOWER ONE

2 SKYTRAIN LINES

NORTH

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This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&.OE. Sales & Marketing by Shape Marketing

RD.


33 BED BED VANCOUVER VANCOUVERTOWNHOME TOWNHOME 3Starting BED VANCOUVER TOWNHOME Startingat at$1,499,900 $1,499,900 Starting at $1,499,900 Interior: Interior: 1,625–1,660 1,625–1,660SQFT SQFT Interior: 1,625–1,660 SQFT Exterior: 830 SQFT Exterior: 830 SQFT Exterior: 830 SQFT Total: Total: 2,455–2,490 2,455–2,490SQFT SQFT Total: 2,455–2,490 SQFT

THE NEEDS THE SPACE SPACE YOUR YOUR FAMILY FAMILY NEEDS THE WANT THE LOCATION LOCATION YOU YOU WANT Looking family? With With spacious spacious3-bedroom 3-bedroom Lookingfor foraahome homethat that fits fits your your growing growing family? townhomes located only 25 minutes from downtown Vancouver, Avalon33atat townhomes located only 25 minutes from downtown Vancouver, Avalon River District gives you the lifestyle you want without the sacrifice ofaalong long River District gives you the lifestyle you want without the sacrifice of commute. commute. Reputed townhome in in Avalon Avalon33comes comes Reputedas asthe thebest bestvalue value in in Vancouver, Vancouver, each each townhome with two free and secure parking spots plus a rooftop patio with firepit along with two free and secure parking spots plus a rooftop patio with firepit along with integrated appliances and quartz countertops. with integrated appliances and quartz countertops. Plus and Everything EverythingWine, Wine, Plusshops shopsand andservices, services, including including Save-On-Foods and located Centre make make your yourbusy busyfamily family locatedjust juststeps stepsaway away in in River River District’s Town Centre life lifejust justaalittle littleeasier. easier.

BOUNDARY ROAD

VANCOUVER VANCOUVER

SE MA SERIN MAERIN DRE IVE DRIVE

KINROSS ST

MARINE WAYWAY MARINE KINROSS ST

KERR STREET

Pricesand andpromotions promotionsare aresubject subjecttotochange changewithout without notice. notice. See See sales sales staff staff for Prices for more more details details on onthis thislimited limited timepromotion. promotion.This Thisisisnot notan anoffering offeringfor forsale. sale.Renderings Renderings are are an an artist’s artist’s interpretation time interpretation only. only.Dimensions, Dimensions,sizes, sizes, specifications, layouts, and materials are approximate only and subject to change without notice. E.&O.E. specifications, layouts, and materials are approximate only and subject to change without notice. E.&O.E.

SALES SALES CENTRE CENTRE

KERR STREET

SE SE MAR MIN AREIN DR EIV DR EIVE

BOUNDARY ROAD

LIMITED CREDIT AT AT EQ3 EQ3 LIMITEDTIME TIMEOFFER OFFER -- RECEIVE RECEIVE A $20,000 CREDIT

SALES CENTRE SALES CENTRE 8683 KERR ST,ST, VANCOUVER 8683 KERR VANCOUVER OPEN 12PM–5PM DAILY OPEN 12PM–5PM DAILY 604.879.8830 604.879.8830 RIVERDISTRICT.CA RIVERDISTRICT.CA


DOWNTOWN KELOWNA CONDOMINIUMS ZONED FOR SHORT TERM RENTALS, COMING SUMMER 2018

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LIVEATBROOKLYN.COM PRICES FROM THE MID $300’S CONCRETE CONSTRUCTION / ROOFTOP AMENITIES / SPECTACULAR VIEWS 1 BED, 1 BED+DEN, 2 BED AND SUB-PENTHOUSES / WALK SCORE® 98%

This is not an offering for sale. Any such offering can only be made after filing a disclosure statement. E. & O. E.



BEAUTIFULLY APPOINTED VIEW HOMES COMING SOON The Sentinel is a boutique collection of 1-, 2- and 3-bedroom residences coming soon to Lions Gate Village. These beautifully appointed homes by respected North Shore developer Darwin Properties are inspired by the best of single-family-home living. Located park front at the tranquil West Vancouver end of Lions Gate Village, The Sentinel residents will enjoy both privacy and proximity—to the conveniences of the Village and to West Vancouver’s favourite amenities.

KEEP WATCH. REGISTER NOW

SentinelByDarwin.ca

This is not an offering for sale and such an offering can only be made after filing a disclosure statement. E.&O.E.


Forty-five minutes from Vancouver and thirty-five minutes from Whistler, the location couldn’t be better. Inspired by the great outdoors, Jumar is a celebration of all that makes Squamish great. Whether you’re looking for your first home or your next investment, Jumar’s stylish one-bedrooms are perfect, starting from the mid four hundred thousands.

Sales and Marketing by MLA Canada Realty. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.&O.E.


AUG 3 – 17, 2018 | VOLUME 3 ISSUE 16

CONTENTS

16

ON THE COVER:

ANTHEM PROPERTIES NEXT GENERATION NORTH SHORE

10 NextHome.ca


EDITOR-IN-CHIEF

Susan Legge

MANAGING EDITOR

Wayne Karl EDITOR

Marisa Baratta ACTING ART DIRECTOR

Miguel Cea

CONTRIBUTING EDITORS

Marlene Eisner Sara Duck

CONTRIBUTING WRITER

Susan M Boyce

44

MEDIA CONSULTANTS

Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103 SALES COORDINATOR

Gary Chilvers

GRAPHIC DESIGNERS

PROPERTY PROFILES

30 SHAPE

A highrise in the new heart of Metro Vancouver

40 RDG Management

Alexander Square in Langley’s Willoughby neighbourhood

43 Rize

Linea offers highrise living in the heart of downtown Surrey

42 Make your Move

Getting ready to move soon? Here’s a handy checklist BY CHUCK RESNICK

45 Keehn on Money

Planning for your first home as rates rise BY KELLEY KEEHN

NEIGHBOURHOOD PROFILE

TRENDING

18 Norgate

22 Royal LePage

IN EVERY ISSUE

Condo prices grow as competition increases

34 CREA

BC home sales continue to moderate

44 CMHC

What’s influencing homebuyers’ decisions?

ADVICE

20 Condo Sense

Pre-sales shift to more normal conditions BY CAMERON MCNEILL

26 GVHBA Report

Your guide to buying from a reputable builder BY BOB DE WIT

12 Editor’s Note 36 Hot Properties 48 Listings Directory DISTRICT MAPS 14 North Shore, Squamish

Miguel Cea, Mike Terentiev

2025 Willingdon Ave., 4th floor Burnaby, BC, V5C 0J3 T 604.519.6080 F 604.519.6088 nexthome.ca

Advertising Call 604.519.6080 for rates and information. Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2018. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited. Editorial submissions from interested parties will be considered. Please submit to the editor by email to marisa.baratta@nexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

21 Vancouver, Downtown Vancouver 24 Coquitlam, Port Coquitlam, Pitt Meadows & Maple Ridge 28 Burnaby, New Westminster 32 South Surrey, White Rock 38 Surrey, Langley, Abbotsford & Mission 46 Richmond, North Delta & Tsawwassen AUG 3 - 17, 2018 11


EDITOR’S NOTE

EQUIP YOURSELF WITH MARKET KNOWLEDGE

MARISA BARATTA EDITOR NextHome EMAIL: marisa.baratta@nexthome.ca TWITTER: @marisabaratta

Remember when the stress test came into effect earlier this year? The Office of the Superintendent of Financial Institutions proposed these rules in 2017 to help guide prospective homebuyers towards homes that align well with their budget. Is it working? The answer is yes, judging by real estate market observations throughout the year. You might have already heard that more buyers are being priced out of the single-family home market, and that many of them are instead considering condos. This tends to drive condo prices up. If you’re thinking of buying a condo, you can add another layer of strategy to your search with helpful details on page 22. Overall, BC home sales (page 34) and pre-sales (page 20) are returning to more normal levels. MLA Advisory expects we’ll see more than 7,000 pre-sale units enter the market in the second half of this year. This expended inventory means options for you! How will you decide? What makes a home a home, and what will your budget be? Where do you want to live? If you’re curious as to which factors are influencing other Vancouver homebuyers’ decisions, explore the insights from a recent survey on page 44. Understanding what drives us and what determines our priorities can help us make better decisions. There’s a lot to think about, so consider taking it one step at a time, until eventually the steps you’re taking are the ones that physically or figuratively lead up to your new home.

+

PAGE 18: Ever been to Norgate? This waterfront neighbourhood is home to local businesses and peaceful greenspaces.

+ get social 12 NextHome.ca

Interact with us on social media: nexthome


Now Selling By Appointment Only PRICED FROM THE MID $500’S

Live next to Belle Isle Park

PARKSIDE.

new Belle Isle park next door, Belle Isle will belong to a complete, forward-thinking community where everything is brand new. With innovative features such as private Sky Lounges, electric vehicle charging, climate-controlled interiors and smart home technology, Belle Isle offers sophisticated living spaces to progressive families.

1, 2, & 3 Bedroom Parkside Townhomes Coming Soon to Lions Gate Village. Register today for best selection.

604.788.2728 livebelleisle.ca Belle Isle is developed by Citimark Belle Isle Project LP. Digital renderings are representational only and may not be accurate. This is not an offering for sale. Any such offering may only be made with a Disclosure Statement, E.&.O.E.

RIVER NO LA PI A KLAHANIE C PARK

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PRESENTATION CENTRE:

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Located in the heart of North Vancouver’s emerging Lions Gate Village, with the

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88 LONSDALE AVENUE Another quality project by

Marketed by


HOT PROPERTIES CAPILANO LAKE

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W 1st St

Grand Blvd E

99

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Mai n St

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99

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725 Marine Drive marineandfell.com

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2060 Curling Road 604-788-2728

99

14 NextHome.ca

Robin Dr

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River r

Grandview Hwy

Raven Dr

7

Log gers L n

Boundary Rd

Rupert St

Clark Dr

Queens Way

Magee St

Finch Dr

Av

4. MARINE + FELL

E Broadway

y ckle Bu S ey

481 Mountian Hwy hunterlynncreek.com

39289 Falcon Crescent 7 E 12th Ave 604-670-7862

lan dA

3. HUNTER AT LYNN CREEK

7. RAVENSWOOD

2A

W 16th Ave

Quebec S t

Fir St

W 12th Ave

Industrial Way

e i Av ibald Gar

Burrard St

W 6th Ave

E 1st Ave

Parker St Gilmore Ave

Term Squamish inal A ve jumarsquamish.ca

7A

Springer Ave Delta Ave

Venables St

Dundas St

99

Pioneer St Disco very way

6. JUMAR

SQUAMISH

Rd

Alma St

E Hastings St

Mamquam Rd

Trinity St 1

t en m rn ve Go

604-537-1985 crestonnorth.com

Powell St

SQUAMISH

Victoria Dr Commercial D r

1. CREST

2. W CRESTON Broadway

vie son St St

Dundas St

Nanaimo St

Be

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Willingdon Ave

ENGLISH BAY NORTH SHORE 150 East 8th Street W 4th Ave 604-980-0016

McGill St

NEW CONDOS

NEW HOMES

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NOW PREVIEWING

artist rendering only

Where the city does its thing and nature does the rest.

Move-in Ready North Shore Homes 1, 2 and 3 Bedrooms

Register Now marineandfell.com 604.770.1966 This is not an offering for sale. Such offerings can only be made by way of disclosure statement. Marine + Fell is developed by Anthem 725 Marine Developments LP. E.&O.E.


COVER STORY MARINE + FELL IN NORTH VANCOUVER

MARINE + FELL Next Generation North Shore The North Shore: A place where nature and the city come together in a perfect balance between urban living and outdoor recreation. Brought to you by Anthem Properties, Marine + Fell is a new community that seamlessly combines the best of urban convenience with natural spaces. Centrally located in a truly walkable neighbourhood, Marine + Fell is set beside trails and waterfront pathways that lead directly to shops and restaurants. 16 NextHome.ca

Homes range from one-bedroom to three-bedroom plus den with up 1,200 sq. ft. Best of all, when sales commence, every home will be move-in ready – just pack your belongings. “The North Shore is special to Anthem, and we have deep roots here,” says Chris Harburn, director of sales. “Some of us grew up on the North Shore, and many live here. These homes combine the best of modern, urban design with great layouts and stunning northern views. Marine and Fell

is an intersection that offers convenient access to the city and nature – whether you’re walking, biking, driving or using transit.” MODERN COMFORT

Marine + Fell is thoughtfully designed to provide the best of contemporary living. Open-concept floorplans feature nine-ft. ceilings throughout most main living areas, inviting wood laminate flooring with in-floor radiant heat, plus generous windows and balconies to keep every room light and airy.


The North Shore is special to Anthem, and we have deep roots here. – Chris Harburn Kitchens are sure to have you running for the cookbooks: Gas cooktop, Calacatta-inspired quartz counters, plenty of thoughtful storage solutions, and an eyecatching backsplash in largeformat tile with greyline accents. There’s even the convenience of a built-in recycling centre. AT THE HEART OF IT ALL

Located just minutes from Lower Lonsdale and the famous Lonsdale Quay Market, Marine + Fell offers amazing connectivity to…well, to everything. Restaurants, micro-breweries and coffee shops are found in every direction. Plus there’s shopping – lots of it. From boutique fashion to cycling gear, art galleries to teashops, there’s something to delight around every corner. Close by is a popular

eatery by renowned chocolatier Thomas Haas and, as in-theknow foodies may tell you, some of the best cheeses await discovery at The CheeseMan Corp. just around the corner. When it’s time for outdoor play, Marine + Fell’s location is unbeatable. Skiing and hiking at Grouse or Seymour mountains, kayaking and swimming at nearby Deep Cove, mountain biking, sailing – the list goes on. And with the North Shore Spirit Trail and Mosquito Creek just outside your door, an after-dinner stroll or early morning jog is easy. Marine + Fell is located at 725 Marine Dr. in North Vancouver. In-building presentation centre and two designer display homes are now open for previews, so you can book your appointment today.

+

LOCATION North Vancouver BUILDER Anthem Properties HOME TYPE Lowrise

SALES CENTRE

Open for preview appointments CONTACT marineandfell.com 604.770.1966

To be sure you’re among the first to receive updates and more information as it’s released, register today at marineandfell.com or call 604.770.1966. AUG 3 - 17, 2018 17


NEIGHBOURHOOD PROFILE

NORGATE WALKING AND SHOPPING BY THE WATERFRONT by MARIA RANTANEN

A hidden gem located in the City of North Vancouver, Norgate was developed as a residential neighbourhood after the Second World War and lies close to the Lions Gate Bridge. Over the years, the municipality has integrated pedestrian-oriented public spaces along the waterfront. Today, this neighbourhood is a combination of residential and 18 NextHome.ca

commercial areas, offering plenty of opportunities to visit local businesses, buy a car or explore beautiful greenspaces. IN THE AREA

Those in the market for a new or used car have come to the right place – Norgate is a magnet for car dealerships, including Northshore Auto Mall. In addition

to mom-and-pop shops and carfriendly shops, Norgate also has trails and parks for those looking for some greenspace, including Norgate Park, King’s Mill Walk and Lower Mackay Creek Park. Running through here, too, is the North Shore Spirit Trail, an accessible and accommodating greenway that runs along the entire North Shore.


HOT SPOTS

KING’S MILL WALK This waterfront trail offers spectacular views of the Burrard Inlet. The trail system connects the North Shore Spirit Trail and is popular with cyclists, joggers and walkers. There is also a fenced-in, off-leash dog park with waterfront access. cnv.org

+

STREET CORNER

“I think this neighbourhood is a hidden treasure.” – KERRY, MOTHER

“All amenities are close by in Norgate but you’re still in a quiet, family-oriented neighbourhood.” – VICTORIA, ACCOUNTANT

“I find it very peaceful around here and there’s a real sense of community.” – NINA, SALES MANAGER

This neighbourhood also houses an industrial component with port activities along the waterfront and a commercial area with shopping destinations such as Capilano Mall, which has been in the community for more than 50 years.

KING’S MILL WALK PHOTO: CITY OF NORTH VANCOUVER

PLANES, TRAINS & AUTOMOBILES

Norgate is just a short drive from major highways, which lead east into the Fraser Valley and Interior BC, and northwest towards Squamish and Whistler. Just to the west of Norgate is the Lions Gate Bridge with its spectacular – but at times congested – commute across the Burrard Inlet and into

Stanley Park and downtown Vancouver. Transit runs frequently in the neighbourhood and many residents take advantage of the cycling network for their commute.

LOWER MACKAY CREEK PARK This greenspace in Norgate is just one section of a longer hiking trail that follows Mackay Creek from Grouse Mountain all the way to the Burrard Inlet. cnv.org

THE GOOD, THE BAD & THE REST

Norgate offers a suburban lifestyle but the industrial area can sometimes mean traffic; however, this congestion usually skirts the residential areas thanks to the layout of the streets. And while much of the waterfront is dominated by industrial activity, there are plenty of outdoor spaces to enjoy, such as an off-leash dog park and pedestrian trails.

NORGATE PARK Home to the North Shore Football League, this neighbourhood field just south of Marine Drive is also used for baseball, softball and soccer. vancouversports.com

AUG 3 - 17, 2018 19


ADVICE | CONDO SENSE

PRE-SALES SHIFT TO MORE NORMAL CONDITIONS

CAMERON MCNEILL

MLA Advisory’s Mid-Year Market Review released this July indicates that the once hyperactive pre-sale market is now moving towards more normal levels, while resale inventory continues to experience slower sales. In the first half of 2018, multi-family pre-sale developments experienced strong sales activity with a 74 per cent sold rate for the 7,753 homes that were released. PRE-SALES REMAINED ACTIVE

According to the report, there was an exceptionally high sales rate in January 2018 as 94 per cent of new units entering the marketplace were sold within the same month. In contrast, of the 899 units released in June 2018, 440 units sold within the same month, landing slightly below a 50 per cent same-month sales rate. The two most active submarkets from January to June were West Coquitlam and Burnaby North, with more than 90 per cent of their released inventory sold. Historically, normalized presale activity occurs when projects experience 50 to 65 per cent sales absorptions within the first six to nine months and sell-out periods of 12 to 24 months, depending on the project. So the numbers in the report suggest more normal levels. As the development application process continues to see longer approval times in Greater 20 NextHome.ca

The Mid-Year Market Review by MLA Advisory indicates a 74 per cent sold rate for pre-sales in Greater Vancouver and the Fraser Valley for the first half of the year.

Vancouver and Fraser Valley, the result is limited supply of presale homes in the market, which creates steady demand for new condominiums and townhomes. PRE-SALES TO BRING MORE SUPPLY WITH 7,000+ HOMES

MLA Advisory is predicting more than 7,000 upcoming pre-sale units for the second half of 2018, generating more housing supply for the region. In Greater Vancouver, we are keeping a close watch on the beautiful North Shore, which is expected to bring nearly 1,500 units to market by the end of the year. North Vancouver is seeing a large influx of multi-developments as neighbourhoods continue to transform. Looking eastward to the Fraser Valley, Langley is leading the region with more than 900 anticipated homes to be released over the remainder of 2018. Langley has become a very desirable location due to the relatively lower price points in

comparison to Greater Vancouver, more livable space for young families, as well as the increasing number of amenities and community offerings in place. Over the past two years, government policies, stricter lending regulations and rapid price appreciation have increased competition between developments. A number of factors are influencing consumers’ purchasing decisions, such as transit accessibility, amenities, competitive pricing, welldesigned product offerings and an established developer reputation. Cameron McNeill is the executive director of MLA Canada, a comprehensive real estate service provider. Partnering with residential developers, MLA Canada offers an unmatched level of expertise in advisory services, market intelligence, project marketing, sales, customer care and administration. Visit mlacanada.com

+MORE ADVICE ONLINE nexthome.ca/news/advice


HOT PROPERTIES Low

99

l Rd

Leve

in S t

VANCOUVER - DOWNTOWN VANCOUVER McGill St

Ma

Boundary Rd

Rupert St

Rupert St

Renfrew St

Clark Dr

F ra

Tyne S t

St Ea rle s

Knight St eN

E Kent Av

tt S t

Kerr St

r

Victoria Dr

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E 54th Ave

Elli o

rin

Fraser St

Cambie St

SE

Nanaimo St

Main St

Cambie St

Oak St Oak St

9 10

Main St

Larch St

Mackenzie St

Granville St

e rin

NEW HOMES

Quebec S t

Fir St

Burrard St

Alma St Dunbar St

Blenheim St

Arbutus St

Ma Dr

E 57th Ave

SE Marine Dr

r Rive ser

3

Imperial St

River Rd n

NEW CONDOS

1. WINONA ON CAMBIE

5. CHELSEA

2. MONOGRAM

6. CAMBIE GARDENS

Cambie Street winonaoncambie.com

31st & Cambie St chelseabycressey.com

Victoria Drive at E Georgia St Liveatmonogram.com

Cambie & Heather St. onni.com

3. AVALON 3

7. THE RESIDENCES AT NOBEL PARK

3302 North Arm Ave. (Sales Centre) 604-879-8830

4. FRASER COMMONS AT MARINE

6080 Gray Avenue 604-221-4450 polyhomes.com

nd

MacPherson Ave

99

1 8 4

E 49th Ave

Sussex Ave

Sw

lvd

ive r

W 49th Ave

E 41st Ave

Boundary Rd

6

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

Patterson Ave

10

st B

We

Fraser R

E 33rd Ave

W 41st Ave

W 49th Ave

Canada Way

Royal Oak Ave

W allace St

W 33rd Ave

Rupe r t St

W 41st Ave

5

Grandview Hwy

E 22nd Ave

E King Edward Ave

7

Nelson Ave

r

W 33rd Ave

1A

E Broadway

Springer Ave Delta Ave

rine D

Ed

99

Av rd e wa

7

E 1st Ave

Smith Ave

ll Ma

W King

E 12th Ave

Parker St

Willingdon Ave

W 12th Ave

ve

7A

Gilmore Ave

W 6th Ave

W 16th Ave

7

2

Victoria Dr Commercial D r

ok

bro

W Broadway

inal A

1

E Hastings St

Venables St Term

Trinity St

Dundas St

Powell St

e

W 4th Ave

W 16th Ave

Sw M a

vie son St St

v Da ch A a

st We

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

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ENGLISH BAY

8. RESIDE

450-470 63rd Ave. (between Cambie and Yukon). 604-325-8111 residebymarcon.ca

9. WINSTON SOUTH OAK 67th & Oak St. 604-809-6233

10. 8888 OSLER

8888 Osler St. www.8888osler.com

Fraser St & Marine Drive frasercommons.com

AUG 3 - 17, 2018 21


TRENDING

CONDO PRICES

GROW AS COMPETITION INCREASES

According to the latest Royal LePage House Price Survey and Market Survey Forecast, market activity and pricing slowed across Greater Vancouver as a result of eroding affordability and new governmental policies weakening prospective homebuyers’ purchasing power. Despite large advances for all housing types on a year-over-year basis, appreciation within the region rose only 0.5 per cent when compared to the previous three-month period.

PRICES BY HOUSING TYPE

Compared to the same time last year, the aggregate home price in Greater Vancouver rose 7.2 per cent to $1.26 million. When broken out by housing type, the median price of a condominium surged by 18.4 per cent year-over-year to $692,452. Meanwhile, the median price of a two-storey home and bungalow both grew at a more moderate pace, rising 5.6 per cent and 4.1 year-over-year to $1.56 million and $1.44 million, respectively.

Royal LePage House Price Survey: Regional Pricing Data Condominiums Market

Q2 2017

Q2 2018

QuarterOverQuarter (%)

YearOverYear (%)

Greater Vancouver

$585,078

$692,452

2.9%

18.4%

Burnaby

$538,657

$617,600

2.1%

14.7%

Coquitlam

$448,558

$547,276

4.9%

22.0%

Langley

$315,629

$371,864

4.8%

17.8%

North Vancouver

$570,467

$694,227

1.3%

21.7%

Richmond

$487,223

$586,304

2.4%

20.3%

Surrey

$303,733

$381,626

4.0%

25.6%

Vancouver

$702,933

$828,891

3.0%

17.9%

$1.06M

$1.18M

5.1%

10.9%

West Vancouver

22 NextHome.ca


CONSIDERING CONDOS

During the quarter, inventory began to rise in the region’s detached segment as sales activity slowed and affordability constraints continued to price many purchasers out of the market. As a result, many prospective homeowners continued to look to condominiums in the metropolitan area in search of value, pushing prices higher and intensifying competition within the segment. “Condominium prices continue to grow at unprecedented levels across Greater Vancouver,” says Adil Dinani, real estate advisor, Royal LePage West Real Estate Services. “Purchasers look to condominiums for relative affordability, yet with competition continuing to intensify, property values within the segment now outstrip most detached markets across the country. To put it into perspective, the budget now needed to purchase a condo could have netted someone a two-storey home here in Greater Vancouver four years ago.” LOCATION, LOCATION, LOCATION

When coupled with the new OSFI stress test, which weakened purchasing power, large levels of demand found within the entry-level market have made it

tougher for many looking to purchase a home in Greater Vancouver. As a result, sales activity across the region has declined, and purchasers who could not break into the market looked for property eastwards in cities such as Abbotsford, Langley and Mission, or further out, such as Kelowna. “As prices continue to climb across Greater Vancouver, many purchasers are considering their options and choosing to move to areas across the Lower Mainland where property is more affordable,” concludes Dinani. “Lending practices have tightened even further, and it is now harder to secure an equity loan. The bank of Mom and Dad continues to influence first-time buyer and Millennial purchasing activity; however, buyers in this segment are having to take a very pragmatic approach to their home search.” CONDOS ARE KING?

Over the next three months, Royal LePage forecasts that Greater Vancouver’s aggregate home price will remain relatively flat, rising 1.5 per cent quarterover-quarter to $1.28 million, as the region’s condominium segment continues to put upward pressure on the overall aggregate price. AUG 3 - 17, 2018 23


HOT PROPERTIES

COQUITLAM - PORT COQUITLAM - PITT MEADOWS - MAPLE RIDGE Pit t

Rive

PORT MOODY

1. NATURE’S WALK

7. GEORGE

19451 Sutton Ave 604-262-1850

2. BRICKWATER 22625 Selkirk Ave 604-477-1500

COQUITLAM 3. VICTORIA

1221 Rockklin St. 604-945-0087 mosaichomes.com

4. WYNWOOD GREEN 585 Austin Avenue wynwoodgreen.ca

5. KENTWELL

3500 Burke Village Promenade 604-260-8446 polyhomes.com

6. DWELL24

Crossroads of Coquitlam & Port Moody dwell24.com

24 NextHome.ca

marcon.ca/george

8. CEDAR RIDGE 70 Seaview Dr. 604-720-5357

9. THE GRANDE

#601-220 Brew St. (Presentation Centre) 604-552-0552

10. BAYVIEW HEIGHTS 2313 St. Johns Street 604-207-0977

224 St

216 St

es

Ri

d ve r R

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227 St 228 St

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Harris Rd

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MAPLE RIDGE

124 Ave

128 Ave

2

232 St

NEW CONDOS

128 Ave

Cr

1

SF PR 108 Ave

132 Ave

Dewdney Trunk Rd British Co lumbia Hwy

wy

e

NEW HOMES

Hammond Rd

123 Ave ee dH

l ap

160 St

108 Ave

Rive r

Lo ug h

M

112 Ave 110 Ave

Ford Rd

Bonson Rd

Frase r

17

7

230 St

er Fra ser R iv

110 Ave

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v ersid

t Pit

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y ed

Baynes Rd

ad el Dr

7B

n Ken

Laity St

1

Ci t

er Riv

Wooldridge Rd

U nite d Bl v d

Shau ghn ess y

St

E

232 St

e y Dr

Pit t

r Rd ve

Lo Ri ug he ed Hw gs y wa yA ve a ill By p yH ar M

Kin

a stern

t Ri P it

e Dr

Rd

7

Prairie Ave

Broadway St

Mariner Way

Hick

Poirier St

Linton St

Foster Ave

Av Wilson Ave e Mar y H i ll d R Dr

W

7

Neaves Rd

5

es

Kingsway

er Riv

ss

t w ood St

a ri ner

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Rd

7

Oxford St

Lincoln Ave

nk

8 R unne6l Rd 9 Dewdney Tru 10 y Wa

3 Ceda r Dr

Glen Dr

Harris Rd

Shaugh ne s sy St

4


PORT MOODY. PARKS. TRANSIT. GALLERIES. HIKING & BIKING TRAILS. ARTISAN BAKERIES. KAYAKING. THEATRE. CRAFT BREWERIES. [YES, PORT MOODY.]

PHASE 1 SOLD OUT PHASE 2 NOW SELLING

DISTINCT CONDOS AND TOWNHOMES PRESENTATION CENTRE 3001 ST. JOHNS STREET, PORT MOODY 604.469.4036

MARCON.CA/GEORGE

The developer reserves the right to make changes and modifications to the information herein without prior notice. E&OE. Marcon St. George (GP) Ltd


ADVICE | GVHBA REPORT

BUYING FROM A REPUTABLE

BUILDER

BOB DE WIT

If you’re a future homeowner, it’s very important that you buy from a reputable builder. You’re relying on them to deliver in terms of quality, timing and service. With the help of Vesta Properties, we’ve created some guidelines to help you source a new home and builder. LEARN ABOUT YOUR BUILDER

Look for open and upfront communication and customer service – this means a builder who is customer-oriented and is knowledgeable about their product and processes. Consider asking your builder: • How many years have you been in business? • How many homes do you build annually? • Can I visit your completed communities? • Are you a member of your local Home Builders’ Association (such as the Greater Vancouver Home Builders’ Association)? • Are you registered with a new home warranty program? Don’t be afraid to ask for a few customer references, and ask these customers how they would rate the quality of their home, whether they had any problems with the home and, if so, how were those problems were solved, as well as how they would rate their buying experience. 26 NextHome.ca

ANALYZE THE PRODUCT

Once you have decided on a few builders, take a visit to their sales office or model home. Be sure to pay attention to the: • Overall quality of the home • Suitability of design for your family’s needs • Quality of finishings, community/development, and printed or other information • First impression of sales centre and staff • Your impression of past projects Also ask your builder about their relationships with their trades partners. For example, Vesta Properties prides themselves on developing long-time partnerships with trusted local trades and selecting only the highest quality building materials.

asking questions such as: • What are the construction and payment timelines? • When can I visit the site? • When will you provide progress updates? • What is needed for closing, after-sales service and warranties? At this point, the builder will also provide you with a detailed written sales contract, so be sure to connect with your lawyer. The GVHBA offers resources for all stages of the homebuying process. You can visit gvhba.org to find a list of reputable builders near you, and you can also attend the many GVHBA events. Bob de Wit is CEO of the Greater Vancouver Home Builders’ Association (GVHBA). You can reach Bob at bob@gvhba.org

QUESTION THE PROCESS:

Once you’re ready to buy, you can expect the builder to provide you with a clear explanation of the entire process. Vesta recommends

+MORE ADVICE ONLINE nexthome.ca/news/advice


Now Selling 16 HOMES REMAINING | MOVE IN FALL 2018

3 AND 4-BEDROOM TOWNHOMES STARTING FROM $898,900. VISIT OUR SALES CENTRE AND NEWLY COMPLETED 3-LEVEL DISPLAY HOME.

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FALCON DR

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RUNNEL DR

ASK US ABOUT OUR LIMITED TIME

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EVERGREEN LINE

The developer reserves the right to make changes, modifications or substitutes to the building design, specifications and floorplans should they be necessary. Renderings, views, and layouts are for illustration purposes only. This is not an offering for sale. E.&O.E.

BARNET HWY

ON NOW.


lv NEW WESTMINSTER

d

B

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k way

Grand Blvd E

mour Pky

Keith Rd E BURNABY -Mt SNEW WESTMINSTER

Ea

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St An dr

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HOT PROPERTIES

2131 Willingdon Ave. 604-298-8800

28 NextHome.ca

a stern

ad el Dr

St

Shau ghn ess y 156 St

84 Ave

144 St

132 St

120 St

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

88 Ave 1A

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152 St

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112 St

er rR iv

Lougheed Hwy & Gilmore Ave. gilmoreplace.com

72 Ave

98 Ave 96 Ave

1 64 St

3. GILMORE PLACE

75 Ave

1

104 Ave

160 St

F Willingdon & Hastings St liveatforte.ca

604-299-9191 juneaubyamacon.com

SF PR

108 Ave

100 Ave

84 Ave 80 Ave

105 Ave

Fra ser Hw y

138 St

e 2. Riv s eFORTE ra

6 . JUNEAU

108 Ave

82 Ave

124 St

d rR

4247 Lougheed Hwy. 17 604-294-8989

128 St

9850 Austin Rd 604-328-7128

Rd River

88 Ave

ay W el rd BORDEAUX 84 Ave

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1. CITY OF LOUGHEED

5.

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Bainbridge Ave

Boundary Rd

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10 4

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NEW CONDOS

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Number 7 Rd

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SE Marine Dr r Rive ser F ra

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E 29th Ave Moscrop St D Va e er L nn a k e Pk w ess Av Burke St e Bond St t Grange sS rri St 1A Oa k land St Bu

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yS

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Canada Way

ay W

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Smith Ave

1A

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e Dr

Robinson St

Grandview Hwy

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5

Duthie Ave

E Broadway

Curt is St

Sperling Ave

3

E 1st Ave

B

lv Drive 750 Quayside d Wa y pierwestbybosa.com G il

u

Kensington Ave

Parker St

Springer Ave Delta Ave

7A 2

Willingdon Ave

7

7A

Dundas St

Gilmore Ave

Victoria Dr Commercial D r

Venables St

Ioc 9. PIER WEST Rd o

Dundas St 1 E Hastings St

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Coast Meridian Rd

a

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r it He

o r a m a Dr Da vi d A v e

ge

Jo h n son S t

n Pa

Port Royal 604-544-2258

P inetr e e W ay Pipe line Rd

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Pa r 8. THE PENINSULA



PROPERTY PROFILE

The City of Lougheed: A 37-acre master-planned community in the heart of Metro Vancouver.

THE CITY OF LOUGHEED THE NEW HEART OF METRO VANCOUVER Located where the Evergreen and Millennium SkyTrain lines meet, The City of Lougheed is a 37-acre master-planned community with a style all its own. Ultimately to be comprised of more than 20 highrise towers, this trendsetting community is poised to become the new heart of Metro Vancouver – a dynamic interweaving of urban parks, shops (ranging from big box to boutique), a diverse selection of eateries, and a vibe unlike any other. Here you truly will be able to live, work and play. 30 NextHome.ca

Sales for Tower TWO begin soon, offering a great opportunity to live in a central and connected city centre designed for the future of Metro Vancouver. INSPIRED LIFESTYLE

With 450 highrise homes, Tower TWO is part of The City of Lougheed’s First Neighbourhood, which will define one side of The Main Boulevard. This tree-lined street will run through the heart of the community and feature

landscaped sidewalks, street-front shops and spill-out patios. With the reimagined shopping centre on the opposite side of the street, The Main Boulevard will be The City of Lougheed’s social, retail and cultural core. Within the First Neighbourhood will be a diverse array of urban lifestyle amenities, including an urban grocer, restaurants and cafes, as well as thoughtfully selected retail. Residents will also have exclusive access to a three-


+

LOCATION Burnaby BUILDER SHAPE COMMUNITY Lougheed There will be a complete mix of shops, restaurants, art, culture and more.

HOME TYPE Highrise

SALES CENTRE 9850 Austin Rd.

CONTACT thecityoflougheed.com 604.328.7128

A SOCIAL HUB

The City of Lougheed will feature parks, greenery and open spaces.

The First Neighbourhood at The City of Lougheed.

The First Neighbourhood’s retail podium.

level, 18,000-sq.-ft. amenity space with a landscaped green rooftop, multiple private event lounges and state-of-the-art fitness facilities that include stretching zones, lockers and a yoga-Pilates studio. All homes in Tower TWO will feature large private terraces – many with astonishing views of Simon Fraser University, the downtown Vancouver skyline, Burnaby Lake and the North

Shore Mountains. Inside you’ll find inviting kitchens with large islands, integrated Bosch appliances, a marble backsplash and full-height European cabinetry – all perfect for entertaining or simply hanging out at home. Other thoughtful details include side-by-side washer/dryer, USB smart outlets to ensure your electronic devices are always ready for action, and luxurious master suites.

As Metro Vancouver’s population and profile rise, there’s a shift away from the traditional downtown core. Instead, cultural and economic hubs are becoming the wave of the future – connected, vibrant neighbourhoods with a new energy and vibe. The City of Lougheed is just such a place. Families, young professionals, SFU students and newcomers from around the world are discovering the delights of being part of a forward-thinking neighbourhood that’s connected to everything. Additionally, early homebuyers in this expertly planned community will see the lifestyle value increase as new restaurants, retail amenities, social areas and public spaces continue establishing themselves over the coming years. The City of Lougheed’s presentation centre and three showhomes are open noon to 6 p.m. daily except Fridays at 9850 Austin Rd. (across from Lougheed Town Centre) in Burnaby.

For more information and to register for Tower TWO, visit thecityoflougheed.com or call 604.328.7128. AUG 3 - 17, 2018 31


64 Ave

British Columbia Hwy

10

184 St 58 Av e

56 Ave

Colebroo k Rd

G

53 Ave

192 St

Gra de C 44 Ave

168 St

36 Ave

8

20 Ave

3

16 Ave

16 Ave 9

10 Ave

15

168 St

154 St 156 St

Johnston Rd

148 St

144 St

24 Ave

20 Ave

10

Thrift Ave Buena Vista Ave Pac ific Ave

160 St

Oxf ord St

140 St

Nichol Rd 141 St

nt

128 St

6 Ave 24

8 Ave

16788 18th Ave 604-385-2236

2. SEMIAH

Thrift Ave. & Johnston Rd. semiahbymarcon.ca

3. BERKELEY VILLAGE

4. GRANDVIEW AT SOUTHRIDGE CLUB 15828 Mountainview Dr 604-582-1113

5. SOHO

Presentation Centre 2280 - 163 St. 604-560-0272

6. PLATEAU AT GRANDVIEW HEIGHTS 164th Street & 25th Avenue foxridgehomesbc.com

7. HAVEN

King George Hwy & 148th Street liveathaven.ca

8. EDGEWOOD GATE 166th St. & 21 Ave. foxridgehomesbc.com

9. MARCA

1454 162B Street 604-720-7478

10. ISOLA

1711 King George Blvd. 604-720-7478

11. FANTOM

14825 Thrift Avenue 604-538-8028

8 Ave 184 St

1. SOUTHCREST

20th Ave & 164th Street Berkeleyvillage.ca

99

NEW CONDOS

17 6 S t

NEW HOMES

28 Ave 200 St

2

28 Ave

32 Ave

192 St

North Bluff Rd 11

17 6 S t

16 Ave

M arine Dr

1

wy

18 Ave

4

5

H ne lai

20 Ave

164 St

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20 Ave

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-B er uv co

124 St

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200 St

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40 Ave

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40 Ave

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42 Av

MUD BAY

32 NextHome.ca

56 Ave

54 Ave

15

ch Bee

62 10

60 Ave

168 St

k Rd Trun

58 Ave

10

5 6 Av e

64 Ave

1A

184 St

125a St

Lellan Rd w Mc

60 Ave

176 St

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60 Ave British Columbia Hwy

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64 Ave

177b St 176a St

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SOUTH SURREY - WHITE ROCK

68 A

ve

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Hy l a d R 68 Ave n d

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130 St

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HOT PROPERTIES

0 Ave

0 Ave


M O D E R N FA R M H O U S E L I V I N G

CO M I N G TO E LG I N So much to love. Haven, by Park Ridge Homes. An exclusive collection of 3 & 4 bedroom townhomes nestled amongst mature trees in Elgin, one of South Surrey’s most coveted and established family neighbourhoods. A stone’s throw to coffee shops, grocery stores, playgrounds, trails and only 10 minutes to the famed Crescent Beach.

REGISTER TODAY

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


TRENDING

BC HOME SALES CONTINUE TO MODERATE

Statistics released mid-July by The Canadian Real Estate Association (CREA) show national home sales rose by 4.1 per cent from May to June 2018. By contrast, sales in British Columbia continue to moderate. “This year’s new stress-test on mortgage applicants has been weighing on homes sales activity,” says CREA President Barb Sukkau. “However, the increase in June suggests its impact may be starting to lift.” SALES ACTIVITY

Actual (not seasonally adjusted) activity in Canada was down almost 11 per cent compared to June 2017. Sales marked a five-year low and stood almost seven per cent below the 10-year average for the month of June. Activity came in below year-ago 34 NextHome.ca

levels in about two-thirds of all local markets, led overwhelmingly by those in the Lower Mainland of British Columbia. “The national increase in June home sales suggests activity may indeed be starting to turn the corner,” says Gregory Klump, CREA’s chief economist. “Even so, the number of homes trading hands has a long way to go before it returns to levels posted in recent years. Looking ahead, home sales activity and price gains will likely be held in check by higher interest rates.” REDUCED VOLUME OF NEWLY LISTED HOMES

The number of newly listed homes in Canada retreated 1.8 per cent in June, and also stood below levels for the month in recent years. New listings declined in a number

of large urban markets, including those in British Columbia’s Lower Mainland, Calgary, Edmonton, Ottawa and Montreal. With sales up and new listings down, the national sales-to-new listings ratio tightened to 54.3 per cent in June compared to 51.2 per cent in May. The June reading was within short reach of the longterm average of 53.4 per cent. BC HOME PRICE GROWTH IS MODERATING

Home price growth is moderating in the Lower Mainland of British Columbia (Greater Vancouver Area: 9.5 per cent year-overyear; Fraser Valley: 18.4 per cent), Victoria (10.6 per cent) and elsewhere on Vancouver Island (16.5 per cent). For more, visit crea.ca/statistics


AWARDWINNING SINGLE FAMILY HOME BUILDER OF 2018

Outstanding single-family homes, located in desirable South Surrey!

recreational opportunities, check out this exciting new neighbourhood. Priced from $1,399,000 (plus taxes)

NOW SELLING miracon.ca/southcrest 604-385-2236

WINNER

WINNER

VD BL

light and amazing views. Just minutes from shopping, restaurants and

20 AVE

E RG

an open-concept greatroom, the oversized windows offer plenty of natural

EO GG

homes are 3230 to 3305 square feet, and include a full basement. Featuring

KIN

craftsmanship and superior finishes. Designed for an active lifestyle, these

99

168 ST

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2-storey, 4-bedroom, 4.5 bathroom homes – all featuring quality

18 AVE 16 AVE

SHOWHOME AND PRESENTATION CENTRE 16788 18th Ave, Surrey, BC Open Daily noon to 5:00pm (except Friday)


HOT PROPERTIES

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

PREVIEWS & REGISTRATIONS TOPPEN RIDGE

CREST

THE VIEWS

COURT

Home type: Townhomes Developer: Platinum Group On the map: Surrey Web: platinumgroup.build Info: The Views is a collection of upscale townhomes coming soon to Surrey. These spacious luxury townhomes have three bedrooms, some with master-onthe-main. Register now.

Home type: Condominiums Developer: Heinrichs Developments On the map: Abbotsford Web: courtliving.ca Info: Court’s two six-storey buildings are set to become a focal point in Abbotsford’s city centre. These 157 modern one- to three-bedroom homes put you close to shopping, dining, historic downtown and Mill Lake. Register now.

CREST Home type: Midrise Developer: Adera On the map: North Vancouver Web: adera.com Info: Crest by Adera offers views of the North Shore Mountains, Burrard Inlet and downtown Vancouver. Crest is made up of two buildings that meet at a Europeaninspired courtyard. Homes are made from cross-laminated timber, which reduces noise. Close to SeaBus, Central Lonsdale, shopping, restaurants. Now selling.

+ 36 NextHome.ca

Home type: Townhomes Developer: Formwerks Boutique Properties On the map: North Vancouver Web: toppenridge.com Info: Toppen Ridge is a collection of 24 townhomes coming to North Vancouver’s Moodyville neighbourhood this fall. These two- and three-bedroom homes with Dutch-inspired aesthetics are designed to stand out. Thanks to live-work zoning, these properties can accommodate home-based businesses. Close to urban amenities, Lonsdale Avenue, Park & Tilford Shops & Gardens and downtown Vancouver. Register now.

CYRUS HILL Home type: Townhomes Developer: Bassi Properties On the map: North Delta Web: oakwynmarketing.com Info: Cyrus Hill is a collection of townhomes coming soon to North Delta. This property will offer 40 units with three- and four-bedroom floorplans. Register now.

REDBRIDGE

FANTOM

Home type: Condos and townhomes Developer: Kingswood Properties On the map: Squamish Web: redbridgesquamish.com Info: Redbridge promises a sea-to-sky lifestyle in Squamish’s new gateway district. These one-, two- and threebedroom condos and townhomes will be part of a new master-planned community. Register now.

Home type: Condominiums Developer: Forge Properties On the map: White Rock Web: forge.ca Info: Shaped like a ship, Fantom acts as both a landmark and a home. Floorplans include two-bedroom plus den and two bath, as well as three-bedroom plus den and 2.5 bath. Close to dining, shopping, libraries and greenspaces. Now selling.

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO MARISA.BARATTA@NEXTHOME.CA



HOT PROPERTIES

228 St

sto

2 7 2 St

Cedar St

7979 152nd Street 604-670-7858

8. LINEA

Surrey City Central 778-395-1126 liveatlinea.com

LANGLEY 9. ALEXANDER SQUARE 208th & 80th Ave alexandersquare.ca

Marshall Rd

ve

Y ale

0 Ave

ABBOTSFORD 10. ROUNDHOUSE

27735 Roundhouse Drive gramercy.ca/roundhouse

11. BRISTOL HEIGHTS 30930 Westridge Pl. 604-607-7801 polyhomes.com

12. GARDNER

Maclure Rd. & Livingstone Ave mosaichomes.com

13. THE ONYX AT MAHOGANY 2120 Gladwin Rd. 778-255-7099

CHILLIWACK 14. MALLOWAY VILLAGE Chilliwack 604-961-5160

Huntingdon Rd

Rd

Vye Rd

De la ir

Rd

Lower Su

Old

R

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14

Bevan Ave Marshall Rd

McCallum Rd

Simpson Rd

Clearbrook Rd

264 St

200 St

168 St

num A R bur rn Cla ybu

Maclure Rd

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

Sumas Way

7. THE LINKS

Lefeuvre Rd

5. HILLCREST SULLIVAN RIDGE

King George & Fraser Highway avanicentre.com

0 Ave

272 St

11267 133 Street 604-500-0936

6. AVANI CENTRE

Bateman Rd

Ol La d

Townline Rd

244 St

240 St

232 St

Blue Jay St

232 St

264 St

256 St

224 St

Mt Lehman Rd

216 St 216 St

216 St

Grand St

Glo ve r

Rd

216 St

208 St

Rd

208 St

168 St

248 St

196 St

204 St

152 St

154 St 156 St

Johnston Rd

13

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side Rd River

148 St

144 St

232 St

208 St

200 St

192 St

184 St 184 St

184 St

ov er

172 St

2 1 2 St

198 St

192 St Rd vie

168 St

148 St 1 48 St

207 St

Harris Rd

Baynes Rd

192 St

Pacific Hwy

156 St

152 St

148 St

144 St

142 St

132 St

128 St

144 St

120 St 120 St

125a St

208 St

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King George Blvd

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6188 141 Street 778-756-1229 liveatvantage.ca

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Fleetwood 18505 Laurensen Place 604-372-3306

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PROPERTY PROFILE

ALEXANDER SQUARE WHERE YOU’LL LOVE TO LIVE

Hear it? That buzz of excitement rippling through Langley’s popular Willoughby neighbourhood? That’s because the first phase of Alexander Square is getting ready to begin sales. Ideally located at 208 Street and 80 Avenue in Langley, Alexander Square will be comprised of 308 condominium residences in four buildings. The selection of floorplans is broad – ranging from cosy one-bedrooms to threebedroom penthouses boasting up to 1,100 sq. ft. of stylish living and amazing views of the Golden Ears to the northeast and the Fraser Valley to the south. And now here’s the best part: More than 200 of these homes are anticipated to be priced below $500,000 – a great value in a great community.

On either side, the two sister buildings are linked to each other by a common lobby that’s flanked by four exclusive townhomes. There’s also a fitness centre and entertainment lounge, and on the third-level podium above is a magnificent rooftop deck. Inside, homes have the crisp, contemporary ambiance that’s garnered developer RDG Management multiple awards and accolades for previous projects, including the much honoured Ridge at Bose Farm. Wide-plank laminate flooring in contemporary charcoal, custom cabinetry in a modern interpretation of traditional Shaker style, ensuites with decadently deep soaker tubs and heated floors, and the convenience of kitchen islands with an eating bar – Alexander Square has it all.

EYE-CATCHING DESIGN

Alexander Square’s design really stands out. A tree-lined greenspace with garden plots and a pedestrian walkway runs through the middle of the property, creating an inviting community gathering space for all to enjoy. 40 NextHome.ca

CONNECT WITH YOUR WORLD

Life at Alexander Square means easy access to a diverse array of urban amenities. You’re right across the street from Willoughby Town Centre, where you’ll find shops, restaurants, yoga and other

services. Transit, parks and schools at all levels are close at hand. Plus there’s easy access to Highway 1, Golden Ears Way and Fraser Highway, and you’re only a short drive to Willowbrook Shopping Centre, Walnut Grove and historic Fort Langley. Alexander Square’s presentation centre opens soon. To be among the first for VIP previews and purchase opportunities, register today at alexandersquare.ca

+

LOCATION Langley BUILDER RDG Management HOME TYPE Midrise

SALES CENTRE Coming soon

CONTACT alexandersquare.ca


AWARD WINNING DEVELOPER INTRODUCES

OVER 300 HOMES ANTICIPATED TO START UNDER $600,000! 1 & 2 BED CONDOMINIUMS AT 208 ST & 80 AVE M A K E A L E X A N D E R S Q U A R E H O M E A N D E N J OY L I V I N G AC R O SS F R O M W I L LO U G H B Y ’ S T O W N C E N T R E , F E AT U R I N G S H O P S , R E S TA U R A N T S , Y O G A , PA R K S , S C H O O L S , A N D E A S Y A C C E S S T O H I G H W A Y 1 , G O L D E N E A R S W A Y , A N D F R A S E R H I G H W A Y. P L U S Y O U ’ R E O N LY A S H O R T D R I V E TO W I L LOW B R O O K M A L L , WA L N U T G R OV E , A N D T H E H I S TO R I C FO R T L A N G L E Y. A L E X A N D E R S Q U A R E I S W H E R E Y O U ’ L L L O V E T O L I V E .

REGISTER NOW FOR EARLY OPPORTUNITIES

AlexanderSquare.ca

Developed by

Sales and Marketing by

rdgmanagement.com

Alexander Square is currently not an offering for sale. Price ranges quoted are anticipated only, excluding taxes and are subject to change without prior notice. Anticipated price range is from the $270’s to the $580’s excluding taxes, with over 200 homes expected to be under $500,000. Subject to availability at time of visit and/or to change or be withdrawn without prior notice. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca


ADVICE | MAKE YOUR MOVE

IT’S ALL ABOUT TIMING CHUCK RESNICK

Timing is everything, and when it comes to ensuring a successful move, that statement rings true. Using some careful planning and forethought helps “everything” happen efficiently. The point is, as soon as you decide to move, start your thinking process, explore your options and take action. First, are you going to hire movers? It’s best to book the truck or the moving company at least a month ahead, and preferably more. Keep in mind that late spring, early summer and early fall are the most popular times of the year for moves thanks to the more cooperative weather. If you wait too long to book, you may have trouble getting someone during those seasons. Next, are you going to do the packing or take advantage of professional packing services? If you are thinking DIY, start collecting and/or buying boxes and packing material. Remember that professional movers usually sell standard-size boxes that are sturdy and easy to stack, as well as paper that can protect your items without leaving newsprint behind. Last but not least, what do you want or need to move? Now is the time to purge all of those unnecessary items that have been at the back of your closets for months, and often years. The less “stuff” you move, the easier and 42 NextHome.ca

less expensive it will be. The following is a handy reference for what to do and when. A MONTH BEFORE THE MOVE:

• De-clutter, sort, pitch, give away, donate to charity, host a yard sale – whatever – but pare down your stuff. • Obtain change-of-address cards from your local post office. • Notify magazines, insurance companies, banks, credit card companies, schools and employers of your change of address. • Start using up food and perishables to minimize what you throw out on moving day. • If you are moving to a new home or condo that includes appliances, ask for the owner’s manuals ahead of time. ONE TO TWO WEEKS IN ADVANCE:

• Make a “survival closet” of items you will need for cleaning the place once furniture is moved (broom, dustpan, cleansers), and even snacks that you can grab quickly during the process. • Start packing and, if you’re working with a mover, make sure they begin packing, too. Label boxes with both the contents and which room they’ll go into at your new digs. Write the destination room on the top and sides of each box. • Schedule disconnects for utilities and phone, but make sure you still have the use of

your phone line on moving day. At the same time, arrange for hook-ups at the other end. • Cancel newspapers, cable TV, security system monitoring and any companies you use for services such as cleaning and lawn maintenance. • Mail out change-of-address cards. THE DAY BEFORE THE MOVE:

• Clean out, defrost and dry the fridge and freezer. • Get to a bank or bank machine and take out enough cash to tide you over. • Pack a last-minute essentials bag/box. • Arrange for children and pets to be looked after elsewhere on moving day. ON MOVING DAY:

• Double and triple check rooms, closets, the garage and basement to ensure you have all your things and that areas are left clean. • Don’t forget to carry your and your family’s valuables, cash and items relevant to the move, and all other important documents. Chuck Resnick is vice-president Marketing and Operations for Two Men And a Truck - Canada, a division of Heron Capital Corporation. Visit twomen.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice


PROPERTY PROFILE

+

LOCATION Surrey BUILDER Rize HOME TYPE Highrise

SALES CENTRE

10249 King George Blvd. CONTACT liveatlinea.com 778.395.1126

LINEA

THANK YOU, SURREY Homebuyers have fallen in love with Linea. Within less than three weeks of opening, more than 2,000 people had visited the presentation centre and almost every home is now sporting a sold sign. LIVE LOCAL

Ideally situated in the heart of Surrey’s new downtown, Linea’s distinctive architecture and proximity to an extensive array of urban amenities are capturing the hearts of many local homebuyers looking for something just a little different. Approximately 99 per cent of the purchasers to date already live within the Lower Mainland, 68 per cent plan to live in the home they’ve purchased, and 32 per cent are first-time homebuyers who are thrilled with the

opportunity to become part of one of BC’s fastest growing cities. COMMITTED TO GROWTH

Linea will be Rize’s second residential project in Surrey – a city the company believes has enormous potential and something the statistics bear out. More than 1,000 people move to Surrey every month, a third of the population is under the age of 19, and it’s anticipated that by 2041 Surrey’s population will surpass that of the City of Vancouver. Within easy walking distance of your new home are the visionary Surrey City Hall, breathtaking Surrey City Centre Library, and state-of-the-art SFU and Kwantlen Polytechnic University campuses, as well as multiple SkyTrain stations and transit routes in all directions. Restaurants and upscale shopping

are close at hand as are parks (including the much-loved Holland Park), recreation centres, golf and cycling trails. It’s all part of the reason Rize’s commitment runs deep, and although details are still under wraps, there are plans already underway for future projects in Surrey. Linea’s presentation centre and show suite are open noon to 5 p.m. daily, except Fridays, and by appointment any time at 10249 King George Blvd. in Surrey. Hurry, though, because only a few homes remain – and the presentation centre will close on Aug. 16 to make way for construction that starts this fall. For more information, visit liveatlinea.com or call 778.395.1126. AUG 3 - 17, 2018 43


TRENDING

WHAT DRIVES HOMEBUYERS IN VANCOUVER?

Many factors go into the decision to buy a home. So what’s motivating homebuyers in Vancouver? According to a new Housing Market Insight (HMI) report by Canada Mortgage and Housing Corp. (CMHC), Canadian homebuyers are influenced by fear of missing out, expectations of future price growth and perceived impact of foreign investor activity. PURPOSE

This report takes a deeper look at the results of CMHC’s homebuyer motivation survey initially presented as part of Examining Escalating House Prices in Large Canadian Metropolitan Centres. The survey was sent to 30,000 recent homebuyers in Vancouver (664 respondents), Toronto (497) and Montreal (998). CMHC conducted this survey to better understand key drivers of rapid price growth. The survey explores homebuyers’ attitudes and perceptions towards market drivers, and also provides insights into some of the choices they make during the purchase process. FINDINGS

Of homebuyers surveyed in Vancouver, 48 per cent spent more than they budgeted on their home purchase. According to the HMI report, this data suggests that fear of missing out could have motivated buyers to spend more than they budgeted. The survey also found that about 55 per cent of Vancouver respondents participated in a bidding war. 44 NextHome.ca

THE POWER OF PERCEPTION

According to the survey, 68 per cent of Vancouver homebuyers surveyed believe foreign investors have a lot of influence in driving up home prices. According to Statistics Canada, non-residents

own only 4.8 per cent of residential properties in Vancouver. “As we can see, psychological drivers can be at odds with economic fundamental drivers,” says Guillaume Neault, senior manager, analytics, CMHC.

For more information, visit cmhc-schl.gc.ca


ADVICE | KEEHN ON MONEY

PLANNING

FOR YOUR FIRST HOME AS RATES RISE

KELLEY KEEHN

We love when things rise in the summer. Temperatures, tides and the voices of kids playing. But one rise Canadians may be feeling stressed about is that of interest rates – especially Canadians who are considering buying a home for the first time. Jason Heath, fee-only certified financial planner with Objective Financial Partners Inc., says getting into the market as rates are increasing is a “double-edged sword.” In January, new mortgage rules were introduced and interest rates went up, meaning lower mortgage approval amounts. “That’s the bad news,” Heath says. “The good news is, for better or for worse, this helps protect borrowers from themselves. Buyers are less likely to get in over their heads. I think it’s important for potential buyers to get pre-approved so they know how much money lenders are willing to lend them. But then they should take it a step further and figure out what they can reasonably afford based on their existing spending and their future goals.” IS HOMEOWNERSHIP RIGHT FOR YOU?

Sean Cooper, mortgage broker and best-selling author of Burn Your Mortgage, wants you to know that “buying a home can be a good long-term investment as long as

you’re financially and emotionally ready.”

SHOULD YOU FORGET HOMEOWNERSHIP, AND RENT INSTEAD?

Before buying a home, Cooper suggests you ask yourself the following questions:

According to Heath, “Personal finance is personal and you should avoid rules of thumb. Blanket advice like ‘renting is throwing away money’ isn’t always true. There really is something to be said about a home sweet home that is all yours. But buy within your means and buy when it’s a better choice than renting, not just because someone told you renting is a bad idea or that real estate made them rich – maybe they just got lucky.”

• Is my job stable? • Am I ready to stay put for the next five years? • Can I afford the ongoing expenses (home insurance, property taxes, repairs and maintenance) that come with homeownership? If you answered yes to those questions, then Cooper says purchasing a home may make sense – even if rates continue to increase. “Homeownership comes with many benefits, including forced savings, turning your home into an income source by becoming a landlord, and greater freedom and privacy,” he says. “By making sure you’re ready before taking the plunge, you’re more likely to reap the rewards homeownership has to offer.”

Kelley Keehn is a financial literacy advocate who has been on a mission to “make Canadians feel good about money.” She is the author of eight published books and is also a speaker, media personality and consumer advocate for the Financial Planning Standards Council. You can learn more about Kelley at kelleykeehn.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

AUG 3 - 17, 2018 45


HOT PROPERTIES

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46 NextHome.ca

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COMING SOON A NEW COLLECTION OF MODERN OCEANSIDE HOMES

This final phase, Peregrine, brings fresh energy and elegant comfort to a wonderful neighbourhood. It strikes the perfect balance between tranquil oceanside living and time-saving urban conveniences. This will be your last opportunity to join the community & families who already call Tsawwassen Shores home. Peregrine is oceanside living at it’s best.

ONE TO TWO + DEN HOMES STARTING FROM $349,900

REGISTER NOW TSAWWASSENSHORES.COM 604 943 6677 Artistic renderings. The developer reserves the right to make changes and modifications to the information contained herein without prior notice. This is not an offering for sale. Such an offering can only be made by a disclosure statement. E.&O.E.


NEW HOME & CONDO DEVELOPMENTS

These listings are meant to offer a comprehensive overview of new home and condo developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse  PROJECT

TYPE  CONTACT

PRICE

ABBOTSFORD Allwood Place ...................................TH .........604-260-6797 ........................................................Call Breeze Townhomes .........................TH .........breezeliving.ca ...................................Coming Soon Bristol Heights ...................................TH .........604-607-7801.........................................................Call Eagles Gate .........................................SF ..........604-309-7729 ...................................From $373,500 Falcon Ridge .......................................SF ..........604-309-0540..................................From $789,000 Foxwood ..............................................SF ..........604-850-5040 ................................. From $524,900 Gardner ...............................................TH .........mosaichomes.com.............................Coming Soon Mill District .........................................MR .........604-621-5888 .........................................Now Selling Onyx at Mahogany........................... LR ..........778-255-7099 ..........................................Now Selling Roundhouse ......................................TH .........gramercy.ca/roundhouse....................................Call Upper Montrose .............................. LR ........uppermontrose.com .........................Coming Soon BURNABY Alpha at Lumina Brentwood .........HR .........604-435-8088........................................................Call Arcola ..................................................TH .........604-671-8805 .....................................Coming Soon Bordeaux ............................................HR .........bordeauxliving.ca ..................................................Call Churchill .............................................TH .........604-363-2627 .....................................Coming Soon The City of Lougheed 2 ..................HR .........604-328-7128 .........................................................Call Forte..................................................... LR ..........liveatforte.ca ........................................Coming Soon Concord Brentwood .......................HR .........604-435-1383..........................................Now Selling Eternity ................................................ LR ..........604-330-8838 .....................................Coming Soon Juneau ................................................HR .........604-299-9191.........................................Final Homes Kings Crossing...................................HR .........kingscrossingbycressey.com ..............Final Homes Polaris at Metrotown .......................HR .........604-565-7733 .........................................................Call Solo District .......................................HR .........solodistrict.com ..................................Coming Soon Station Square ...................................HR .........604-438-1113 .........................................................Call Syncro ................................................. LR ..........bold.ca ......................................................................Call Sussex .................................................. LR ..........sussexmetrotown.com............... From $1.5 million CHILLIWACK Vista Green at the Falls ..................TH ........vistagreenliving.com ........................Coming Soon Malloway ............................................SF .........604-961-5160 ..................................From $499,900 Midtown..............................................TH .........midtownchilliwack.com ...................Coming Soon River’s Edge........................................TH .........604.824.5062 .........................................................Call COQUITLAM 3535 Princeton ................................TH ........604-468-8298 ......................................................Call Amberleigh .........................................SF ..........604-514-4359 .....................................Coming Soon Brookmere .........................................HR .........604-259-5991 ........................................................Call Dwell24 .................................................TH .........dwell24.com ........................................Coming Soon Hensley by Cressey ...................... PH/TH ......hensleybycressey.com .........................................Call Kentwell ..............................................TH .........604-260-8446 ....................................Coming Soon Kingston...............................................SF ..........604-514-4359 .....................................Coming Soon Mont Bleu ...........................................HR .........montbleu.ca ......................................... Coming soon Regan West .......................................TH ........reganwestbymarcon.ca .......................................Call The Ridge at Burke Mountain ........SF ..........778-285-6299.........................................................Call Smith & Farrow ................................. LR .........boffo.ca ................................................Coming Soon Victoria ...............................................TH ........604-945-0087 .......................................................Call Wynwood Green ..............................HR .........wynwoodgreen.ca .................................Now Selling

PROJECT

TYPE  CONTACT

PRICE

DELTA & TSAWWASSEN Brio ....................................................... LR ..........604-943-8811......................................................... Call Chelsea Gate .....................................TH .........chelseagate.com.................................................... Call Delta Gardens ...................................TH .........deltagardens.ca ...................................................... Call Harbour Walk..................................... LR ..........604-274-7326 ................................................................ Muse .................................................... LR ..........liveatmuse.com ...................................................... Call Pelican Cove .................................. TH/DU......604-943-6677 ..................................From $589,900 Seaside ...............................................RH ........mosaichomes.com ............................Coming Soon South Pointe .......................................SF ..........604-584-2908..................................From $699,900 Tsawwassen Heights ........................SF ..........604-271-7288 ......................................................... Call Tsawwassen Shores ..........................SF ..........604-943-6677 ........................................................ Call Tsawwassen Springs ......................SF/LR .......604-948-HOME ..................................................... Call LANGLEY Alexander Square ............................ LR ..........AlexanderSquare.ca ...........................Coming Soon Bertrand Creek ...................................SF ..........604-262-2965 ..................................From $898,980 Boulevard at Town Centre ............TH ........604-539-0230 .....................................Coming Soon Central ................................................ LR .........zenterra.ca/central ............................Coming Soon City Park .............................................TH ........778-772-2919 ......................................................... Call Denby Country Living ....................TH .........denbyliving.com ................................Coming Soon Gabriola Park .....................................TH .........604-371- 1892 ........................................................ Call The Georgia ...................................... LR ..........georgia.ca .............................................Coming Soon Hudson & Singer .............................. LR .........hudsonandsinger.ca .........................Coming Soon Lattice Square.................................... LR ..........604-427-3407 ........................................................ Call Lily Terrace ......................................... LR ..........lilyterrace.ca ............................................................ Call Luxia at Yorkson ................................TH ........luxialiving.ca......................................From $639,900 Parc Central ....................................TH/LR ......parccentralliving.ca ............................Coming Soon Park Hill ...........................................LR/TH .....liveatparkhill.ca ..................................................... Call The Terraces ......................................CH .........778-987-2489 ......................................Coming Soon Township Commons ...................LR/TH .....townshipcommons.com .................................... Call Union Park ......................................... LR ..........604-871-4288 .....................................Coming Soon Willoughby West................................SF ..........604-371-0733 ......................................................... Call Yorkson Park West ........................... LR .........778-298-2280 ....................................Coming Soon MAPLE RIDGE Brickwater at the Village................. LR ..........604-477-1500......................................................... Call Cottonwood Lane ............................TH .........604-438-2650 ........................................................ Call Creekside............................................TH .........Livecreekside.ca ..................................Coming Soon The Crest ........................................... LR .........604-765-8875 ....................................................... Call Edge on Edge 3 ................................ LR .........604-466-8793 ....................................Coming Soon Ferngrove ...........................................SF .........epichomes.info/ferngrove ..............Coming Soon Ridgemont .........................................TH .........604-476-1777 ......................................................... Call Roslyn Ridge ......................................SF .........mstarhomes.com ...............................Coming Soon The Terraces .....................................TH ........604-351-3261 ........................................................ Call Willow..................................................TH .........lifeatwillow.com..................................................... Call Wynnbrook .........................................SF ..........604-380-4708........................................................ Call MISSION / HARRISON 58 On Cherry Hill .............................TH .........604-768-9572 .....................................Coming Soon Horizons .............................................TH .........1-888-826-1177.................................From $319,800 NEW WESTMINSTER Elliot .....................................................HR .........604-662-8009 ....................................................... Call Ewen ....................................................TH .........604-549-8181......................................Coming Soon Hamilton Village ............................... LR ..........604-526-5266 .....................................Coming Soon

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

FIFTHAVE.CA 48 NextHome.ca

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


Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse  PROJECT

TYPE  CONTACT

PRICE

Parkside at Victoria Hill ...................HR .........604-523-0733 ........................................................Call Pier West .............................................HR .........604-553-4211 .........................................................Call Queens Park Estates ........................TH .........604-279-3829 .....................................Coming Soon River Queensborough ....................TH .........604-438-5050........................................................Call The Peninsula....................................MR .........604-544-2258 ........................................................Call The Royal at Victoria Hill ................ LR ..........604-523-0733 ........................................................Call Thompson Landing ..........................SF ..........604-520-3226 ..................................From $476,900 NORTH VANCOUVER Belle Isle..............................................TH .........604-788-2728 .....................................Coming Soon Cascade at the Pier ..........................MR .........604-984-0906 .......................................................Call CentreView.........................................HR .........604-998-8540 .......................................................Call Compass .............................................HR .........604-980-5000 .......................................................Call Connaught ......................................... LR ..........604-699-0036 .......................................Final Homes Crest.....................................................TH .........adera.com/crest ..................................Coming Soon Creston................................................ LR ..........604-537-1985 .........................................................Call Crown & Mountain........................... LR ..........604-985-8258 .....................................Coming Soon Edgemont Walk.................................TH .........boffoproperties.com.............................................Call Green on Queensbury .................LR/TH ......qualex.ca/green ...................................Register Now Grosvenor Ambleside .....................HR .........604-922-1380 ........................................................Call Hunter at Lynn Creek ..................LR/TH .....604-936-1888 .................................From $509,900 Latitudes .............................................TH .........604-435-9477 ..................................From $469,900 Marine + Fell .................................... LR ..........604-770-1966 .....................................Coming Soon Northlands ......................................LR/TH ......604-800-2120 ........................................................Call Forest Ridge ...................................... LR .........778-298-2280 ....................................Coming Soon Seymour Village ...............................TH ........(604) 924-0818 .....................................................Call Tatlow .................................................. LR ............................................................................Coming Soon Taluswood at Timber Court...........................604-988-3617 ........................................................Call Toppen Ridge ....................................TH .........toppenridge.com ................................Coming Soon The Trails ...........................................TH .........liveat.thetrailslowerlonsdale.com .....Coming Soon x61 .....................................................LR/TH ......604-971-3181..........................................................Call PITT MEADOWS Orion ................................................... LR ..........604-315-7882 ...................................From $299,900 Nature’s Walk .....................................TH .........604-262-1850 .........................................Call for info PORT COQUITLAM Haven ..................................................TH .........boffoproperties.com/Haven/ .............................Call Lumiere ............................................... LR ..........604-790-4002........................................................Call Montrose Square .............................. LR ..........778-255-2599 .........................................................Call PORT MOODY 50 Electric Avenue .......................... LR .........panatchgroup.com.............................Coming Soon Bayview Heights ...............................TH .........604-207-0977 ........................................................Call Cedar Ridge ......................................TH ........604-720-5357 ........................................................Call Edgestone ..........................................TH .........604-565-2653 .................................From $889,900 George ................................................TH .........georgebymarcon.ca..............................................Call The Grande ........................................HR .........604-552-0552 .........................................Call for info Station, The ........................................TH .........604-492-3338 ........................................................Call RICHMOND Alfa .......................................................HR .........604-276-2532 ........................................................Call Berkeley House .................................................604-233-7727 .........................................................Call Cascade City ......................................HR .........604-285-7285 ........................................................Call Concord Gardens .............................HR .........604-233-7748 ................................From $300,000’s Empire Living.....................................TH .........604-244-9622 ........................................................Call Grand, The .........................................HR .........604 278 3880 .........................................................Call Jasmine at The Gardens.................TH .........604-271-3331....................................From $924,000 Kenstone Gate...................................TH .........604-218-3338................................... From $529,900 Kingston Gate....................................TH .........604-760-6024 ........................................................Call Livia ......................................................TH .........604-364-2159 ........................................................Call Mandarin Walk................................LR/TH ......604-278-0808........................................................Call Monet ..................................................HR .........604-233-7748 ................................From $300,000’s Opal at Richmond Centre ..............HR .........604-303-7575 ...................................From $464,900 Orchid by Beedie..............................HR .........info@orchidbeedie.ca........................Coming Soon

PROJECT

TYPE  CONTACT

PRICE

Parc Riviera ........................................MR .........604-231-5900 ...............................From Low $200’s Park Residences at Minoru ............HR .........604-303-8878 ........................................................ Call Pier, The .............................................. LR ..........604-274-7326 ......................................................... Call Pinnacle Living Sorrento ................HR .........604-303-0148 ........................................................ Call Quintet ................................................HR .........604-303-8878 ........................................................ Call Riga ......................................................TH .........604-715-1250 ......................................................... Call Riva.......................................................MR .........604-278-8825 ........................................................ Call River Green ........................................MR .........604-233-2633 ........................................................ Call River Inlet ....................................... MR/TH......604-233-2633 ........................................................ Call Viewstar ..............................................TH .........604-285-9983 ........................................................ Call Vogue ..................................................TH .........604-715-1250 ......................................................... Call Wembley.............................................TH .........604-231-0480 ........................................................ Call Westminster Terrace ........................TH .........604-204-1077......................................................... Call SQUAMISH / WHISTLER Elaho ....................................................TH .........604-898-2232 .....................................Coming Soon Jumar ...............................................TH/LR ......604-679-8879 .........................................Now Selling Ocean Crest ........................................SF ..........604-896-2235 ...............................From $1,298,000 ParkHouse .......................................... LR ..........604-567-5433....................................From $167,900 Ravenswood .......................................SF ..........604-670-7862 ........................................................ Call Redbridge .................................... LR/PH/TH...livingatredbridge.com .......................Coming Soon Aqua ..................................................TH/LR ......1-877-344-5566 ...............................From $239,000 University Heights ............................ LR ..........1-888-852-7575 ..................................................... Call Vantage ............................................TH/LR ......vantagesquamish.com .........................Final Homes SUNSHINE COAST SECHELT Edgewater at Porpoise Bay............TH .........604- 885-8556 ....................................................... Call SilverStone Heights...........................SF ..........604-741-1877 .................................... From $479,900 SURREY Aloha Estates .....................................TH .........blackonyxmarketing.ca .....................Coming Soon Blackberry Walk 3 ............................TH ........blackberrywalk.com ............................................ Call Boxwood ............................................TH ........778-592-1515 ......................................................... Call Clayton Station .................................TH .........604-575-5262 ........................................................ Call Clayton Walk......................................TH .........claytonwalk.com ....................................Now Selling Crest.....................................................TH .........hayerlifestyle.com/crest ...................................... Call Coast at Fraser Heights ................... LR .........604-240-7282 ....................................Coming Soon Fleetwood Rise ................................TH ........604-372-2122 ......................................................... Call Greenfield Living .............................TH ........604-780-8946 .................................From $549,900 The Guildford .................................... LR ..........778-394-8867......................................Coming Soon Harvest at Bose Farms.....................TH .........604-576-7722 ......................................................... Call Highcrest ............................................ LR ..........604-584-7273......................................................... Call Hillcrest ................................................SF ..........hillcrestbymarathon.ca ........................................ Call Linea ................................................ HR/TH ......liveatlinea.com ....................................................... Call The Links Residences ......................TH .........604-670-7858 ........................................................ Call Maverick ............................................ LR .........mavericklife.ca ...................................................... Call Nova ....................................................TH ........mortisegroup.com ............................Coming Soon Park Avenue West .............................HR .........604-583-9866........................................From $250’s Park Place Fleetwood ......................SF ..........604-539-3939 ........................................................ Call Park Place Village .............................TH .........604-617-7763 ...................................From $359,000 Parker ................................................. LR .........mosaichomes.com ............................Coming Soon Phoenix Hill .....................................TH ........778-564-1876 ......................................................... Call Prime on Plaza ..................................HR .........604-498-3888........................................................ Call Saffron .................................................SF .........604-728-2916 .....................................Coming Soon Sylvia ...................................................TH ........sylvialiving.com ..................................Coming Soon Thomas at Fleetwood .....................TH .........liveatthomas.com .................................................. Call Vantage ..............................................TH ........778-756-1229......................................................... Call The Views ..........................................TH ........604-576-7722 .....................................Coming Soon Westpointe .........................................TH .........604-833-9193 ........................................................ Call

AUG 3 - 17, 2018 49


Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse  PROJECT

TYPE  CONTACT

PRICE

VANCOUVER & AREA DOWNTOWN 8X On The Park .................................HR .........604-801-6861 ........................................................Call 1335 Howe .........................................HR .........604-689-8535 ........................................................Call Avenue One .......................................HR .........avenueone.ca ......................................Coming Soon Burrard Place .....................................HR .........burrardplace.ca ...................................Coming Soon The Charleson...................................HR .........604-689-8535 ........................................................Call Chelsea ........................................... TH/HR ......chelseabycressey.com ......................Coming Soon Eventide .............................................. LR ..........eventidethree.com .............................Coming Soon Mirabel ................................................HR .........mirabelbymarcon.com.........................................Call Oak Flats ............................................. LR ..........bold.ca ...................................................Coming Soon The Pacific..........................................HR .........grosvenorpacific.com ..........................................Call Vancouver House .............................HR .........604-893-8958........................................................Call EAST SIDE 2nd & Main ......................................... LR ..........secondandmain.ca ................................................Call Avalon Mews .....................................TH .........604-438-5050........................................................Call Bravo on Broadway .........................TH .........604-366-9505 ........................................................Call Focal .................................................... LR ..........604-563-6777......................................Coming Soon Francis .................................................TH .........604-330-8848........................................................Call Gem, The ............................................ LR ..........liveatthegem.com...............................Coming Soon Grandview Cascades .......................TH .........grandviewcascades.com ..................Coming Soon Kensington Gardens ........................ LR ..........604-620-7886 ........................................................Call Main & 20th........................................ LR ..........main20th.com ........................................................Call McKinnon by Cressey...................... LR ..........mckinnonbycressey.com.......................Final Home Monogram ........................................TH .........604-808-5272 ........................................................Call Paragon............................................... LR ..........604-688-5566.....................................Coming Soon River District - Avalon 3 .......... HR/MR/TH ..604-879-8830........................................................Call Triumph...............................................TH .........604-563-6200........................................................Call The Windsor.......................................HR .........thewindsorliving.com........................Coming Soon WEST SIDE 7302-7358 Granville ........................TH .........604-908-7653 ........................................................Call 7430-7488 Granville........................TH .........604-908-7653 ........................................................Call 1555 West Eighth ...........................LR/MR ......604-828-3998........................................................Call 8888 Osler ......................................... LR ..........8888Osler.com .......................................Now Selling 41West .................................................MR .........604-563-8336 ........................................................Call 6th & Yukon........................................ LR ..........cressey.ca..............................................Coming Soon 99 West ...............................................MR .........604-620-8600 .................................From $528,800 Aperture ...........................................LR/TH ......604-345-9000........................................................Call Aster .................................................... LR .........604-915-6898 .......................................................Call Belpark ................................................ LR ..........604-358-8208 ........................................................Call Boulevard ...........................................MR .........604-685-5778 ...................................From $367,400 Cambie Gardens ...............................HR .........onni.com ...............................................Coming Soon Canvas .................................................MR .........604-875-8508 ........................................................Call Chelsea by Cressey .......................LR/PH ......chelseabycressey.com .........................................Call Citti .......................................................MR .........604-880-6880 .......................................................Call Evelyn ..................................................TH .........604-922-0330 ........................................................Call Fraser Commons at Marine ...........HR .........frasercommons.com ............................................Call Granville at 70th ...............................HR .........604-687-2298 ........................................................Call Ivy on the Park ..............................LR/TH .....liveativyonthepark.com ....................Coming Soon Kerrisdale Gardens...........................MR .........604-559-9848..................................From $540,900 Maisonette ........................................TH ........604-318-7172 ........................................................Call Marquise ............................................. LR ..........604-359-4689 .......................................................Call McCleery and Magee .......................SF ..........604-255-3838 ........................................................Call Monarch..............................................MR .........604-568-6883..................................From $444,900 Monument ......................................... LR ..........monumentbyepta.com .....................Coming Soon Parc 26 ............................................ MR/TH......604 336 6380 .........................................................Call Parc Elise......................................... MR/TH......604-336-6380 ........................................................Call 35 Park West ...................................... LR ..........604-563-8336 ........................................................Call

PROJECT

TYPE  CONTACT

PRICE

Park Grand ........................................TH ........778-999-2552 .....................................Coming Soon Pinnacle On the Park at False Creek .....HR .........604-874-8368 ........................................................ Call Primrose .............................................TH .........PrimroseVancouver.com ..................Coming Soon Prodigy ................................................MR .........604-221-8878................................ From high $300s Q16.......................................................TH .........604-263-8090........................................................ Call Reside .................................................TH ........residebymarcon.ca ............................Coming Soon Residences at Nobel Park ..............HR ........604.221.4450 .......................................................... Call Shaughnessy Residences ..............TH ........604-558-5852 ...............................From $2,019,800 Sota ......................................................HR .........604-671-1025 ................................. From 2.5 million The Spot .............................................MR .........604-568-6886..................................From $269,900 The Ivy................................................. LR ..........604-566-5888 ........................................................ Call The Grey .............................................MR .........thegreyliving.com.................................................. Call The Regent.........................................TH .........604-273-1313 ......................................................... Call Tisdale .................................................TH .........778-846-5990 ........................................................ Call Westbury in Arbutus Ridge ............TH ........westburyliving.com ..............................From $2.5M Winona on Cambie .......................... LR ..........winonaoncambie.com ......................Coming Soon Winston South Oak .......................... LR .........604-809-6233........................................................ Call Yukon Residences ...........................TH .........604-558-5850 ............................... From $1,759,800 WEST VANCOUVER Bellevue by Cressey.........................HR .........bellevuebycressey.com.....................................Email Galleries on the Bay......................... LR ..........604-836-7355 ..................................From $490,000 Shannon Wall Centre....................... LR ..........604-267-8882 ........................................................ Call WHITE ROCK / SOUTH SURREY Beachborough ..................................TH .........beachborough.ca .................................................. Call Berkeley Village ................................TH .........berkeleyvillage.ca .................................................. Call Dawson’s Creek ...............................TH ........dawsonsawyer.ca ..............................Coming Soon Edgewood Gate .................................SF ..........778.294.9077 .......................................................... Call Fantom ............................................... LR .........604-538-8028 ....................................................... Call Freestyle..............................................TH ........dawsonsawyer.ca ...............................Coming Soon Haven .................................................TH ........liveathaven.ca .....................................Coming Soon Imperial ...............................................TH .........liveatimperial.com ................................................. Call Isola......................................................TH .........604-720-7478 ......................................................... Call Forest Ridge ...................................... LR .........778-298-2280 ....................................Coming Soon Foster & Martin ..................................HR .........fostermartin.ca ....................................................... Call Marca ..................................................TH .......mortisegroup.com ............................................... Call Miramar Village .................................HR .........604-542-8882 ........................................................ Call Orchard Grove ...................................SF ..........604-454-8654 ....................................................... Call Plateau at Grandview Heights .......SF ..........604-560-6438........................................................ Call Semiah ................................................HR .........semiahbymarcon.ca.............................................. Call SoHo ....................................................TH .........604-560-0272 ........................................................ Call Southcrest ...........................................SF ..........604-385-2236 ........................................................ Call South Ridge Club .............................TH .........604-582-1113..........................................From $420’s Switch ..................................................TH .........604-581-8080 ........................................................ Call Viridian ................................................TH .........604-541-0707......................................................... Call Westpointe ..........................................SF ..........604-833-9193 ........................................................ Call OUT OF TOWN PROPERTIES KELOWNA Brooklyn .............................................HR .........liveatbrooklyn.com ............................Coming Soon ELLA .....................................................HR .........778-215-6788 ................................... From $679,900 Urbana at Central Green ................MR .........778-581-5800 ...................................From $459,900 VICTORIA Black & White ................................ MR/PH......778-265-3464......................................................... Call

MLA_NCG_Footer_banner_FNL.pdf NOTE: Pricing is subject to change; 1please2017-05-29 contact the specific 10:40 development AM for more up to date details or special promotions. To report any changes or corrections to this

MLACANADA.COM

information, please call 604.519.6080, fax 604.519.6088 or email homes@ypnexthome.ca

Real Estate Intelligent

ADVISORY CO MMUNICATIO N S PROJEC T MA RKE TIN G SALES & LE AS E U P C USTOMER CA RE

50 NextHome.ca

CANADA


BUY WITH CONFIDENCE. We pride ourselves on building homes that people truly want to live in, and our hard work has been recognized by industry awards time and again.

ZENTERRA DEVELOPMENTS HAS BEEN RECOGNIZED WITH 15 NOMINATIONS in 2018

N O M I N AT I O N S

N O M I N AT I O N S

N O M I N AT I O N S


NOW SELLING, New

SOH02 SOUTH SURREY

in South Surrey's prestig and next door to the aw SOHO. These 3 and 4 be gas heating, side-by-sid patios! rooftop patios! zenterra.ca/soho2

CO

C

MU

A lo 3 be loca neig zen

NOW SELLING

FAIRWAYS

SOUTH SURREY

ZENTERRA.CA/FAIRWAYS

A boutique community of 22 Townhomes. Three- and four­ bedroom townhomes overlooking Peace Portal Golf Course, nestled in sunny South Surrey's most private neighbourhood.

0


w Showhomes Ready to Visit .

02

gious Grandview neighbourhood ward-winning sister community, edroom homes all feature forced-air de garages and huge private rooftop

2

OMING SOON, Regist ering Now.

CENTRAL

URRAYVILLE I LANGLEY

owrise collection of forty-eight, 1, 2, and edroom condominium homes ideally ated in Langley's historic five-corners ghbourhood of Murrayville. nterra.ca/centra I

0 ZENTERRA

DEVELOPMENTS I Intelligent living

SALES CENTRE: #231-2218 Oak Meadows Dr.

SURREY I DAILY 12 to 5, 604-560-0 272


A WA RM THANK YOU. With your overwhelming support, Linea has fewer than 10 homes remaining.

PEOPLE THROUGH THE PRESENTATION CENTRE

DURING OUR FIRST WEEK

68% TO LIVE IN PURCHASED

32% FIRST TIME HOMEOWNERS

Surrey Central Station 7 min walk

BUYERS FROM GREATER VANCOUVER

99%

2,000+

Surrey is quickly becoming the next great city, and Rize is thrilled to be par t of the excitement and momentum as we help build the bright future of Surrey City Centre in the coming years.

LIVEATLINEA.COM 778 395 1126 PRESENTATION CENTRE 10249 King George Blvd, Surrey, BC V3T 2W7

Any such offering can only be made with a disclosure statement. Prices are subject to change without notice. Artist’s renderings and maps are representations only and may not be accurate. E.&O.E.

Presentation Centre closing August 16 th Constructions Starts This Fall

D E V E LO P E R

F I N A N C I A L PA R T N E R

SALES & MARKETING


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