AUG 18 - SEPT 1, 2017 VOLUME 2, ISSUE 17, FREE
METRO VANCOUVER EDITION
Renderings are an artist’s conception and are intended as a general reference only. This is currently not an offering for sale. E&O.E.
www.milnerheights.ca
REGISTER NOW OPENING FALL 2017
INSIDE THIS ISSUE
WHY NIMBYS ARE FIGHTING A LOSING BATTLE
DEPOSIT VS DOWN PAYMENT: WHAT’S THE DIFFERENCE?
NEIGHBOURHOOD PROFILE: EXPLORE WILLOWBROOK
COMING SOON
604-541-0707
FREEHOLD MEANS FREEDOM
NOW SELLING PRICED FROM $859,900* Many people ask what is the difference between a rowhome and a townhome - isn’t it the same thing? There are in fact many differences between a rowhome and a townhome. Freedom is among the many benefits that a rowhome provides that a townhome simply can’t.
You own your home and the land No strata fees to pay! Not part of any strata corporation Main level entry and finished basement for single family feel Homes start from approximately 2,300 sq.ft.
Visit us at the Hycroft sales centre to choose your home! Open on weekends from 12–5 or by appointment. 16467 24 Avenue Surrey BC V3S 0C4
604 541 2495 hycroftrowhomes.com Any prices exclude taxes. StreetSide Developments reserves the right to make modifications and changes to the building designs, specifications and features should they become necessary. Floor plans, elevations, room sizes and square footages are based on preliminary architectural drawings and may vary from the actual built home. E.&O.E. Sales by Qualico Realty. *Before applicable taxes.
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AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 7
SURREY/LANGLEY
N OW P R E V I E W I N G
8 NEXTHOME.CA
SURREY/LANGLEY NOW PREVIEWING
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 9
contents 16 AUG 18 – SEPT 1, 2017 | VOLUME 2 ISSUE 17
ON THE COVER
Lattice2:
trending
24
Urban development
46
50
Why NIMBYs are fighting a losing battle by Lydia McNutt
36
Where tradition meets today
Mid-year review
Multi-family sector sees strong activity, more supply coming to market
Housing market
Strong evidence of overall problematic conditions continues: CMHC
10 NEXTHOME.CA
Sales stats
advice
28
54
Mind over mortgage
GVHBA report
Condos: Family friendly by design by Bob De Wit
News & views
The right location is 12 steps away by Lydia McNutt
Deposit versus down payment: What’s the difference? by Alisa Aragon
30
38
Fewer home sales, more listings in July
Condo sense
Bustling Burnaby and its town centres by Cameron McNeill
inspiration
53
Back to school
Fall home essentials by Elisa Krovblit
54
VICE PRESIDENT & CHIEF PUBLISHING OFFICER
Caroline Andrews
PUBLISHER & GENERAL MANAGER
Shawn Woodford
DIRECTOR OF CONTENT
Jennifer Reynolds MANAGING EDITOR
Wayne Karl
SENIOR EDITOR
Lydia McNutt ART DIRECTOR
Megan Pike
CONTRIBUTING EDITORS
Sonia Bell Elisa Krovblit
CONTRIBUTING WRITER
Susan M Boyce
MEDIA CONSULTANTS
Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103 SALES COORDINATOR
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+ online NEIGHBOURHOOD
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in every issue MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
12
Editor’s note
18
Neighbourhood profile
John Jenkins
PRODUCTION MANAGER
Anthony Majetic
GRAPHIC DESIGNER
Willowbrook
Miguel Cea
by Maria Rantanen
PRODUCTION CO-ORDINATOR
32
Hot properties
39
What’s online
56 Listings directory district maps
Hannah Yarkony Published by
2025 Willingdon Ave., 4th floor Burnaby, BC, V5C 0J3 T 604.519.6080 F 604.519.6088 ypnexthome.ca
14
Surrey/Langley
ADVERTISING Call 604.519.6080 for rates and
20
Richmond/Delta
CIRCULATION Highly targeted, free distribution system
26 South Surrey/ White Rock
34
Maple Ridge/ Pitt Meadows
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53
NATIONAL CIRCULATION MANAGER
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information.
aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1-855-826-4200 to discuss distribution opportunities. COPYRIGHT 2017 Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers. Yellow Pages NextHome is a trademark of Yellow Pages Group Co. in Canada. EDITORIAL Editorial submissions from interested parties will be considered. Please submit to the editor by email to Lydia.McNutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication
New Westminster AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 11
Editor’s Note
Home is where the heart is FOR MOST OF US, A HOME IS THE BIGGEST PURCHASE we’ll make in
LYDIA MCNUTT Senior Editor Yellow Pages NextHome Email: Lydia.McNutt@ypnexthome.ca Twitter: @LydiasTweets
our lifetime. It’s also arguably the one that will bring us the most joy. In the long run, real estate is typically a sound investment, affording financial security with the potential to help fund a truly golden retirement some day. In the shorter term, if you’re looking for immediate gratification, nothing beats the feeling of stepping through your front door and knowing you’ve arrived “home.” The question is, what is “home?” The answer starts with an open mind and a reality check. Sprawling estates and white picket fences are lovely and all, but if you’re on a limited budget, as most homebuyers are, know that compromises are part of the process. Here’s where it helps to make a list of must-haves and niceto-haves, and be clear on what you’re willing to compromise on when push comes to shove. If a big family and oodles of children are part of your plan, then a move to the suburbs could afford you the five bedrooms you may need to accommodate your big brood. On the flip side, downsizers, jet-setters and social butterflies may flock to a compact city condo, where entertainment is plentiful and maintenance is minimal. As the saying goes, “home” is where the heart is. Happy home hunting!
A FAMILY OF FOUR IN 1,000 SQ. FT. OR LESS
READ THE STORY ONLINE
Rising real estate prices mean more families are getting creative and moving into smaller homes. Condos were once considered home to young professionals, retired couples or a “stepping stone” home, but we’re now seeing residents of condos diversifying. Read the full story... nexthome.yp.ca/small-space-life
+ get social 12 NEXTHOME.CA
Interact with us on social media: ypnexthome
NOW AVAILABLE! PRICES START IN THE LOW $600’s,
INCLUDES $10,000 IN SUMMER-READY UPGRADES*
Be sure not to fizzle when summer starts to sizzle! We’ve got a hot new promo to get you ready for the ULTIMATE SUMMER STAYCATION. Purchase your new home at Grandview and we’ll include all the essential upgrades for West Coast Summer living, valued at $10,000! Here’s what’s included: • A Fire Pit, BBQ and Outdoor Media package for effortless entertaining on your private rooftop patio • Self-watering Lifespace Garden - Perfect for growing fresh herbs (like mint for those summer mojitos!) • Air Conditioning for your living/dining room areas • Hose Bib installation on your West Coast lanai With all these upgrades, a staycation at your new home might trump those vacation plans!
This is not an offering for sale. Sales by disclosure statement only. E&OE. Grandview Adera Ventures Ltd. Adera Realty Corp. 2200 - 1055 Dunsmuir Street, Vancouver, BC V7X 1K8 | 604.684.8277
adera.com/southridgeclub southridgeclub@adera.com 604.582.1113 * Limitations apply. Offer available for a limited time only. Contact our Sales Team for more details at 604.582.1113 or by email at southridgeclub@adera.com.
Surrey | Langley 116TH AVE
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A1. HARVEST AT BOSE FARMS 16488 64 Ave. 604-576-7722
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20241 Fraser Highway 604-539-6668
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208 Street & 72nd Avenue
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A FRESH COLLECTION OF 1– 3 BEDROOM BOUTIQUE CONDOS Lattice² by Vesta Properties offers 1, 2 and 3 bedroom luxury condos ranging in size from 716 – 1,354 sq.ft. These boutique condos have been designed to maximize your views with spacious balconies, open floor plans and well designed interiors. You will also enjoy an impressive rooftop amenity space including a children’s play area, picnic tables for alfresco dining and dazzling views of Milner Valley and Mount Baker. This six-storey building has been designed to offer an exceptional quality of life and lasting value. No detail has been overlooked.
Lattice² is coming Fall 2017. Register today for more information!
Rooftop amenity space
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Property Profile | LATTICE2
cover story
Lattice² Where tradition meets today IT’S BEEN ALMOST A DECADE IN THE
Exquisite homes
MAKING, and now the final homes at
Like every home in this 70-acre, master-planned community, Lattice2 homes are designed with urban convenience and luxury in mind. Open floor plans range from a 716-sq.-ft. one-bedroom to a spacious 1,354-sq.ft. three-bedroom, and every home comes with air conditioning as a standard — definitely something you don’t see every day. There’s a sense of warmth and welcome to these spaces. Wide plank laminate flooring throughout makes the perfect complement to vertical-
Milner Heights in Langley are about to be unveiled. Introducing Lattice2 — 53 highly anticipated condominium residences above a neighbourhood village centre. “Lattice2 is going to really complete the entire Milner Heights community,” says Christine Turner, Vesta Properties’ marketing manager. “We’re anticipating boutique businesses such as an upscale general store, a coffee shop and a few services, so it’s going to become a very lively gathering place for everyone who lives here.” 16 NEXTHOME.CA
grain cabinetry, and with nine-ft. ceilings on the first five floors or 10-ft. ceilings on the penthouse level, you know sunlight will fill each room. “We’ve also situated the building on the site in such a way that it maximizes views across the Milner Valley,” Christine adds.
Enviable lifestyle In addition to all the parks, trails, sparkling ponds and playgrounds found throughout this award-winning master-planned Milner Heights community, owners at Lattice2 will also have exclusive access to an impressive rooftop amenity space. Here’s where you’ll find a children’s play area, picnic tables for alfresco dining with larger groups of friends, and dazzling views of Mount Baker. All this, and you’re still only minutes
“Lattice2 is going to really complete the entire Milner Heights community.” – Christine Turner
Location
Langley Builder
Vesta Properties Development
Lattice² Home Type
Condo suites Sales Centre
Coming this fall Contact
milnerheights.ca
from downtown Langley, the freeway into Vancouver, the Langley Events Centre, as well as schools at all levels, restaurants, transit and a diverse array of outdoor activities for all ages.
Don’t miss out The Milner Heights community is located at 208th Street and 72nd Avenue in Langley. Sales are expected to commence this fall. To be sure you’re among the first to receive information about Lattice2 as it’s released, register online at milnerheights.ca. Don't miss this unbeatable opportunity to register for the best prices on the best selection of homes. 17
Neighbourhood Profile | WILLOWBROOK
WILLOWBROOK By Maria Rantanen
LARGE SUBURBAN HOMES are the staple of Willowbrook, a primarily residential neighbourhood on the western side of the Township of Langley. Willowbrook is characterized by cul-de-sacs and short, dead-end streets lined with large suburban homes. Much of the area north of 68th Avenue has been built up over the past 10 years, with some chunks still under construction. South of 68th Avenue you’ll find more established streets with single-family homes from the ’70s and ’80s.
The Vibe Willowbrook is an attractive place 18 NEXTHOME.CA
for families, with large homes and spacious yards – something that’s becoming a luxury in the Lower Mainland. Not long ago, Willowbrook was largely rural with homes on acreages. There are still a few of these around, but they are slowly being enclosed by newer, smaller singlefamily home developments. Meet the Neighbours Being located a bit farther out from the city, Langley hasn’t traditionally been a destination for immigrants making their home in Canada. The large majority of the population of the Township of Langley, 83 per cent,
speaks English as their first language, according to recent Statistics Canada figures. Korean, German and Punjabi are the next most-common languages. In the Area There is no shortage of shopping options in the area, as many Langley residents and those from neighbouring communities make Willowbrook Shopping Centre a destination for all their buying needs. Parks and schools are also evenly distributed throughout the area, as are recreational facilities including the civic centre with municipal services as well as recreational and library services.
Hot Spots Willowbrook Lanes Willowbrook residents of all ages looking for some recreation can join a league at this bowling alley, or just drop in for a game. Willowbrook Lanes also hosts birthday parties. R.C. Garnett Park This neighbourhood park is where teams come to play, be it lacrosse, baseball or soccer. But locals just looking for some down time and green space can also use the park for walking or picnics.
Real Estate Market The price of a single-family home in Willowbrook is up there, comparable to other suburban neighbourhoods in the Lower Mainland, but there are still some affordable townhomes in the area. Condo complexes are also being built in the neighbourhood for those looking to get into the market at a lower price point. Dollars & Sense Willowbrook is a shopping mecca for anyone who considers themselves a mall rat. Willowbrook Town Centre has a conglomeration of all the standard bigbox retail stores as well as a plethora of smaller boutiques, but not catering to the high-end shopper. Other shopping plazas with restaurants, fast food and otherwise, line the streets in the southeast corner of Willowbrook. Planes, Trains & Automobiles Willowbrook is bisected by 200th Street, a busy thoroughfare that runs north to Highway One and south to Fraser Highway and Highway 10. Most people
travel by car, but the 501 bus connects the Willowbrook area to the Surrey Central SkyTrain. Other buses link up to Guildford and Maple Ridge. The Good, the Bad & the Rest Willowbrook can be considered the quintessential car-dependent suburban ‘hood. Most single-family homes in the area have two or more cars parked in their driveways. While the extensive trail network is conducive to walking and cycling, accessing day-to-day services by foot can be a challenge. But denser housing is rapidly being built close to key shopping and recreation areas, primarily on the east side of 200th Street.
Willowbrook Shopping Centre You can shop till you drop at this shopping centre that features the Hudson’s Bay, Sears and SportChek as anchor stores, and hundreds of smaller ones to browse and buy. Willoughby Trail While some may consider the car the king in suburbia, there are extensive trails throughout Langley for walking and cycling, including the Willoughby Trail that runs through the Willowbrook neighbourhood. Willowbrook Recreation Centre The Township of Langley holds a wide variety of programs for any age at this recreation centre. There is also a weight room and dropin fitness programs, as well as a 60-person rec room for rent. Routley Park Gardening enthusiasts will love this neighbourhood park, which includes a community garden with plots that local residents can rent to grow food or flowers. The park also has a playground and trails. AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 19
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PROJECT SALES AND MARKETING PROFESSIONALS 604-453-6600
@THEAGENCYREM
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Oval Village riverparkplaceliving.ca
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THE FINAL RELEASE NOW SELLING
TWO AND THREE BEDROOM AIR-CONDITIONED PARKSIDE TOWNHOMES FROM $924,800 Following the successful sell out of the first release, comes the highly anticipated final release of Jasmine townhomes. With panoramic views of the adjacent 12-acre natural park and North Shore Mountains seen from oversized private rooftop terraces and the comfort of air-conditioning, the opportunity to own a luxurious parkside townhome at Jasmine won’t last long. Visit us today.
OPEN DAILY FROM 12–5PM EXCEPT FRIDAYS #140 – 10880 No. 5 Road, Richmond
604 271 3331 TOWNLINE.CA
Sales by MLA Canada Realty. Marketing by MAC Marketing. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement E.&O.E.
P R E S E N TAT I O N C E N T R E N OW O P E N FEATURING LUXURY AUTOMATION BY
NEW TOWERS AT 2 RIVER GREEN
2 ~ 4 Bedrooms
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$1.9M ~ 4.8M
This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.
PRESENTATION CENTRE OPEN DAILY 12PM-5PM 5111 Hollybridge Way Richmond V7C 0C1 www.rivergreen.com 604.233.2633
Trending
Why NIMBYs are fighting a losing battle By Lydia McNutt WE’VE ALL HEARD THE ACRONYM, yet not everyone knows what it means – what it really means. NIMBY, or “not in my back yard,” implies just what it says. “Yes to new housing, schools and community development, just not right where I live, thank you very much.”
Metathesiophobia – the fear of change NIMBYism isn’t just about antidevelopment. It can be viewed as “anti-change,” and its ripple effect is far-reaching. What happens when cities stop attracting new residents and business? Let’s just say that aging populations and infrastructure typically do not support growth. “[Residents] see towers going up around the city, new retail springing up, and they experience the congestion and traffic that comes with, what seems like, constant construction,” says Bob Finnigan, president of the Canadian Home Builders’ Association and COO Acquisitions & Housing at Herity. “Then, when they see a proposal for a building close to home, whether it’s a small infill project or a multi-storey tower, they tend to view it in a negative light.” It’s easy to sympathize with the NIMBYs when residents consider the congestion, traffic and general unrest that typically comes with construction, but Finnigan is quick to point out that once construction ends, life returns to normal and the new developments bring positive change. For example, Finnigan notes that after seeing 15 to 20 years of intensification developments in Toronto, it’s a better place today than it was before change came about.
24 NEXTHOME.CA
Get schooled “Developers don’t just build what they want and where they want it,” Bryan Tuckey, president and CEO of the Greater Toronto Area’s Building Industry and Land Development Association (BILD), wrote in a recent column. “There are numerous government policies and plans at all levels that dictate where and how development happens.” Tuckey points to the Ontario government’s Greenbelt and Growth Plan, which has changed how development happens in the GTA by mandating that 40 per cent of all new homes be built within existing communities. As a result, there’s now an equal split of highrise condos and single-family homes under development. Still, there’s little understanding for the provincial plan, and even less support for intensification. Bob de Wit, CEO of the Greater Vancouver Home Builders’ Association, calls NIMBYism a property rights battle between today’s residents, who are numerous, well-organized and fighting to maintain a lifestyle, versus the growth required to house tomorrow’s residents, who are not as organized. “Catering to a perceived
“One positive aspect is that a NIMBY argument fosters the need for public consultation, and many times this engagement alone turns NIMBY to YIMBY.” communities thrive, which is something we all want,” Tuckey wrote. “Bringing more homes and housing choices can bring new life to established neighbourhoods. With more people come more amenities like shops and restaurants. All this leads to higher property values and means local governments collect more property taxes, which they can invest in things like parks and transit.” In Toronto, Calgary, Vancouver, or any other growing municipality, the issues are very much the same. De Wit says the impact of delaying development has negative ramifications on future homeowners and cities as a whole. “Delays in rezoning and building permits increase the estimated project completion time, and ultimate cost, which gets passed onto the homebuyer,” he says. “At the same time, a lack of housing inventory will continue to drive the price up of available housing stock as Vancouver struggles to deliver appropriate housing supply. It also puts the city in a position of catching up rather than being proactive.” Now, replace “Vancouver” with “Calgary,” “Toronto,” “Montreal” – it still makes sense. Guy Huntingford, CEO of CHBA-UDI Calgary Region Association, says the biggest problem with NIMBYism is the misconceptions on which it is based – namely the belief that change and densification are negative. “In nearly all cases, it is actually a way to revitalize and drive increased property values for existing communities. “A lot of issues are fear-based and founded in hearsay and disinformation. Therefore, a constant and positive education and dialogue on the issues that create NIMBY tendencies is key to success for the city and region.”
Take-aways majority, the loudest group, NIMBYs slow the creation of new supply and needed amenities, often creating a negative impact on the very municipalities they are trying to protect.”
Changing public perception To help educate the public and change the chants from NIMBY to YIMBY, yes in my back yard, CHBA-UDI Calgary Region Association and BILD are both running campaigns to promote the benefits and dispel myths surrounding intensification. “New development and neighbourhood renewal can help our
Despite the opposing opinions of pro- versus anti-development, the home-building industry at large regards NIMBYism as an opportunity to work together, to make the looming urban evolution a smoother ride for all. “In many cases, those who are against the projects bring forward very good ideas, which get incorporated into final approvals,” Finnigan points out. “You have to include constructive criticism and reasoning into any decisions – especially because development decisions can affect a neighbourhood forever.” From this perspective, a NIMBY “win” could be considered a victory for all. “If they win, it implies things like an adjustment to a development proposal, made based on their concern,” Finnigan says – often valid concerns about a development proposal that may have originally been too aggressive in nature. “Whether it be height, coverage, use, architecture or some other item, the fact that their concerns were listened to and acted on allows us to take these concerns into consideration on our next project. This way we can use special care and attention when putting together a new proposal.” Huntingford agrees. “One positive aspect is that a NIMBY argument fosters the need for public consultation, and many times this engagement alone turns NIMBY to YIMBY.”
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 25
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SOUTH SURREY / WHITE ROCK NEW CONDOS: CANADA 1. BEACHBOROUGH
NEW HOMES: 1. SOUTH POINT WALK
14022 North Bluff Road UNITED STATES OF AMERICASales Centre beachborough.ca
2. HEADWATERS CLUB 15436 31 Ave 778-545-9333
3. SEMIAH Thrift Ave. & Johnston Rd. semiahbymarcon.ca
29A & 152nd St 604-560-3238
2. QUINN 16355 23 Ave. 604-720-7478
3. HYCROFT 2 16467 - 24th Ave. 604-541-2495
4. GRANDVIEW AT SOUTHRIDGE CLUB 15828 Mountainview Dr 604-582-1113
5. SOHO Presentation Centre 2280 - 163 St. 604-560-0272
SEARCH ONLINE nexthome.ca
26 NEXTHOME.CA
6. ORCHARD GROVE 26th Ave. & 168th St. orchardgrovecollection.com
7. VIRIDIAN 36180 150 Street viridianhomes.ca
8. SWITCH 24th Ave & 164th 604-581-8080
9. HARVEST AT BOSE FARMS 16488 64Ave 604-576-7722
8TH AVE
OV E R LOOK I N G T H E BAY REG I STE R N OW TO B E TH E FI RST TO K N OW SE M I A H BY M AR C O N .C A The White Rock home you’ve been waiting for has finally arrived. Semiah by Marcon is a boutique collection of 88 spacious 2 and 3 bedroom concrete homes filled with views that are impossible to take for granted. From sunrise to sunset, gaze out at Semiahmoo Bay and contemplate what you might enjoy next. A day on the water, a stroll by the beach, a meet up with friends along the strip — the possibilities are as wide as your outlook.
This is not an offering for sale. Any such offering can only be made with a disclosure statement. E. & O.E. Marcon Thrift (GP) Ltd.
Advice | MIND OVER MORTGAGE
Deposit versus down payment: What’s the difference? By Alisa Aragon
DO YOU KNOW THE DIFFERENCE
between a deposit and down payment, and when each of needs to be paid? The deposit is the money that you put down to secure the property that you are purchasing. In other words, proof to the seller that you are serious about buying. When you make your offer on a home, the seller will require a deposit. There is no set amount. That will depend on the purchase price and how quickly you will close on the sale. The deposit is applied against the purchase price of the property on closing, and will become part of the down payment. If you back out of the deal, for whatever reason, your deposit is lost. The down payment is the money that you pay up-front when purchasing a property. Down payments typically range between five and 20 per cent of the total value of the property. The minimum down payment required to purchase a property is five per cent. There are different down-payment requirements, based on your specific circumstances. If you are an employee, you can put as little as five-per-cent down. For selfemployed individuals, it can be as low as 10 per cent and if you are purchasing a rental/ investment property, you will need to put a minimum of 20 per cent down. The full amount of the down payment is payable when the sale closes. Here are some examples:
Example 1: The Smiths are buying a property with a purchase price of $525,000. They will be
making a 10-per-cent down payment ($52,500). They removed subjects and their offer has become a firm deal. At this point they give a deposit of $26,250. When they close, the buyers will need to pay the balance of the down payment of $26,250. Together, the two payments equal a total down payment of $52,500.
Example 2: The Jones are buying a property that is under construction, and the developer is asking for a 10-per-cent deposit. The property that they are purchasing is $619,900 plus GST. They have given a deposit of $61,990. The total final purchase price, including
MORE ADVICE ONLINE ypnexthome.ca/news/advice
GST, is $650,895. The buyers are only making a down payment of five per cent ($32,544.75). The buyers will be getting the difference back at the time of closing, after the deductions have been made for the closing costs. Consider working with a professional mortgage expert, who can help you find the best mortgage based on your unique needs.
Alisa Aragon provides mortgage expertise through Bridgestone Financing Pros, powered by Dominion Lending Centres Mountain View Ltd. Alisa develops short- and long-term strategies customized to each client, including finding the best mortgage rates with the most favourable terms. Contact Alisa to get an expert option on your mortgage needs. Email alisa@financingpros.ca
28 NEXTHOME.CA
NOW SELLING!
GET CONNECTED IN SOUTH SURREY
NEW SHOW HOME NOW OPEN
35 TOWNHOMES Be one of the first to experience these Modern Farmhouse inspired homes, equipped with automation technology. Open daily 12 – 5pm (closed Fridays) 3 & 4 Bedrooms Priced from the mid $500’s
TURNONLIFE.CA 604.581 .8080 only, exclusive of taxes and are subject to change without prior notice. E. & O.E.
Sutton West Coast Realty
HUNTER PARK
Advice | GVHBA REPORT
Condos: Family-friendly by design By Bob De Wit
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THINK YOU CAN’T RAISE a family in a condo? Think again. There are many benefits to condo living versus the traditional single-family home. Compared to owning a home with a backyard, which may or may not have room for a play set, condo living has a lot of added family benefits.
» Family first: Smaller spaces limit the amount of “things” that are so easily accumulated in a home with a young family. Limited space helps clear the clutter and bring to the forefront real needs, how we use things, and what is really important. » Savings: Condo living means less consumption. Say “goodbye” to all of the tools and resources required to maintain a house and yard. And your energy bills will be lower, too. » Sharing generation: Condo living supports the “sharing generation.” Children who grow up in smaller spaces, sharing a room, have the opportunity to learn from an early age how to be respectful of others, to share, and to cohabit without the need for excess. » Active lifestyles: Running errands is easy. Proximity to amenities and transit reduces dependency on cars. Time spent not driving promotes physical activity, reduces stress and can save time. In a world where we have become so 30 NEXTHOME.CA
accustomed to driving everywhere, walking the kids to school, running errands on foot, and taking time to enjoy what your city has on offer is a bonus. Living in a small space will foster the need to get outside. So what do you do when cabin fever sets in? Amenities and neighbourhood resources play an important role in supporting healthy, happy families. It’s a good idea when shopping around for a condo to check into the building’s and surrounding community’s amenities. Gyms, pools, yoga rooms, access to community gardens, dog parks – make a list of what is important to you and your family’s lifestyle. Amenities foster
community connections, healthy living and provide the extra space we all need once in a while. Communities across the city are focused on creating liveable, usable outdoor space as Metro Vancouver densifies. With endless parks, art installations, outdoor meeting places, walkable paths and bike lanes connecting urban communities, Metro Vancouver offers very desirable urban areas for young families to live. It is a great time to consider the condo as a form of affordable housing to raise a family.
Bob De Wit is CEO of the Greater Vancouver Home Builders’ Association. Visit gvhba.org
COMING SOON 1 8 S I N G L E - FA M I LY H O M E S
REGISTER TODAY
orchardgrovecollection.com DEVELOPED BY
MARKETED BY
This is not an offering for sale. An offering for sale can only be made with a disclosure statement. E.&O.E.
26th Ave
24th Ave
168th Street
Presentation Centre 15
HWY
Hot Properties
Find your next home! Here are a few of the latest condominium, townhome and single-family properties to keep your eye on in the Metro Vancouver area. Find more homes online at ypnexthome.ca
LATEST LISTINGS:
THE EAGLES
ED FEATUR R ON OU FRONT COVER!
Home type: Townhomes Developer: Dawson + Sawyer On the map: South Surrey Web: dawsonsawyer.ca/townhome/the-eagles Info: A collection of two-, three- and four-bedroom townhomes ranging from 1,200 to 2,000 sq. ft., located directly on Bald Eagle Conservation Area. Now under construction, with completion expected at the end of 2017. Register now to receive notifications on limited releases, VIP previews, pricing and exclusive promotions.
THE PACIFIC
Lattice2 by Vesta Properties is the final collection of homes coming soon to the Milner Heights community
now selling
previews and registrations
BELPARK
LATTICE2
Home type: Condo suites Developer: Intracorp On the map: 375 West 59th Ave., Vancovuer On the web: intracorp.ca/belpark Info: Now selling: one-, two- and threebedroom suites in the newest addition to Intracorp’s West Side Collection. Belpark boasts a coveted address, among the treelined neighbourhood of West 59th Avenue and Alberta Street, near the Cambie Corridor. Register now to receive updates.
Home type: Condominium residences Developer: Vesta Properties On the map: 208th St. and 72nd Ave., Langley Web: milnerheights.ca Info: The final homes at Milner Heights are coming soon. Lattice2 will feature 53 condo suites at this 70-acre, master-planned community minutes from downtown Langley. Sales are expected to start this fall. Register online for the latest information.
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@ypnexthome.ca
32 NEXTHOME.CA
Home type: Condo suites Developer: Grosvenor On the map: Pacific and Hornby, downtown Vancouver Web: grosvenorpacific.com Info: There’s not a lot of information available as of yet, but this upcoming community is claiming elegant homes, timeless design and world-class views. Sound good? Be sure to register online to get updates and information as it becomes available.
567 CLARKE + COMO Home type: Condo suites Developer: Marcon Developments On the map: 567 Clarke Rd., Coquitlam Web: 567living.com Info: Located in the heart of Burquitlam, this 49-storey tower will offer 364 homes ranging from one- to three-bedroom-plus-den layouts, complemented by 20,000 sq. ft. of indoor and outdoor amenities and access to the Evergreen Line Skytrain right across the street. Register now.
CRESTON Home type: Condo suites Developer: Pennyfarthing Homes On the map: Bewicke Avenue and 15th Street West Web: crestonnorth.com Info: Coming this fall to North Vancouver: one-, two- and three-bedroom condo homes boasting functional and bright open-concept layouts with timeless style. Register today.
88
778.545.9333
WWW.HEADWATERS.CLUB
REGISTRATIONS NOW ACCEPTED
Creekside Residences from the high $200’s
Marketing + Sales by
Built by
When you love what you have, you have what you need.
CEDAR DR
Pitt Meadows | Maple Ridge
DOMINION AVE
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NEW CONDOS: 1. FALCON HOUSE Presentation Center 12011 224th Street 604-477-1500
2. BRICKWATER AT THE VILLAGE 227th St. & 119th Ave. 604-477-1500
3. NATURE’S WALK 19451 Sutton Ave 604-262-1850
SEARCH ONLINE nexthome.ca
34 NEXTHOME.CA
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Looking for your nexthome? Browse the latest new homes and condos in your area.
Trending
2017 mid-year market review Multi-family sector sees strong activity, more supply coming to market WHAT’S BEEN HAPPENING IN VANCOUVER’S MULTI-FAMILY
PRE-SALE HOMES RELEASED
HOUSING MARKET IN THE FIRST HALF OF 2017? Real estate
AUGUST 2016 TO JUNE 2017
analytics and advisory group MLA Advisory has released it’s mid-year review. Here’s a recap of market trends and an outlook for the rest of 2017.
10,700
Foreign Buyer Tax: One year later
RELEASED
VANCOUVER’S HOUSING MARKET showed signs of slowing before the 15-per-cent Foreign Buyer Tax was introduced back in August of 2016, but MLA Advisory reports that the sales-to-active listings ratio is back to pre-intervention levels. A major contributor to the rising ratio is the lack of inventory on the resale market, particularly for condo units. Vancouver is currently experiencing a 10-year low in inventory levels, which is in turn creating strong demand for all pre-sale product types across all markets. Strong demand, coupled with constricted supply levels due to slow municipal approvals, have contributed to price increases in all markets for the first half of 2017 in the Lower Mainland.
9,800 SOLD
90+% ABSORBED
OVER 10,700 PRE-SALE HOMES HAVE BEEN RELEASED IN THE LAST 11 MONTHS WITH MORE THAN 90% OF HOMES SOLD. Source: MLA Advisory
GREATER VANCOUVER HOME SALES DETACHED VS. ATTACHED JUNE 2015 TO JUNE 2017
80% 60%
JULY 2016 Prior to Foreign Buyers Tax
AUG 2, 2016 15% Foreign Buyers Tax Effective
ATTACHED
40% 20%
JUNE 2015
DETACHED
JUNE 2016
JUNE 2017
Source: Real Estate Board of Greater Vancouver
36 NEXTHOME.CA
The graph shows a shift in the number of single-family home sales against the number of condo and townhome sales over a two-year period. Sales of single-family homes steadily decreased from January to July 2016, until the Foreign Buyer Tax was introduced on Aug. 2, 2016. Since the new tax took effect, detached homes accounted for 30 to 35 per cent of sales, while attached homes (including condos and townhomes) represent approximately 70 per cent of the total home sales in Greater Vancouver.
A peek at pre-sales PRE-CONSTRUCTION SALES in Greater
Vancouver saw an 88-per-cent sold rate in the first quarter of 2017, and 82 per cent in the second quarter. It’s all thanks to limited supply coming to market, says MLA Advisory. But that could change in the coming months, if planned projects are all released.
GREATER VANCOUVER NEW CONDOS & TOWNHOMES JANUARY 2017 TO DECEMBER 2017
19 PROJECTS 1,740+ UNITS 88% SOLD RATE
Q1
Q2
Q3
Q4
19 PROJECTS 2,450+ UNITS 82% SOLD RATE
FORECAST Q3 & Q4 2017 (JULY TO DECEMBER)
73 BUILDINGS 9,390+ UNITS ANTICIPATED Source: MLA Advisory
Top 5 most-active markets in Greater Vancouver
NEW ATTACHED UNITS FOR 5 MOST ACTIVE MARKETS JANUARY TO JUNE 2017 UNITS / NEW BUILDS
JULY TO DECEMBER 2017 UNITS / NEW BUILDS BURNABY, COQUITLAM, NORTH VANCOUVER,
BU
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five most-active markets in the first half of 2017, with more than 2,950 new condo and townhome units. What’s in store for the rest of 2017? MLA Advisory says you can expect to see more than 8,770 pre-sale homes popping up here, adding much-needed supply to Greater Vancouver. While Burnaby had a slower first half of the year, it is anticipated to have the most supply, with 4,000-plus new attached homes. Upcoming projects to watch out for include Sussex, Juneau and Arcola. Interestingly, the most active townhome market is North Vancouver, with 260 units and 10 projects coming soon.
AB Y
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MORE TRENDING ONLINE ypnexthome.ca/news
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Source: MLA Advisory
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 37
Advice | NEWS & VIEWS
The right location is 12 steps away By Lydia McNutt
MORE ADVICE ONLINE nexthome.ca/news/advice
FOR MOST HOMEBUYERS, the search for the perfect home starts with location. When NextHome conducted our Great Canadian Real Estate Survey, we asked Canadians: what’s the most important thing you look for when buying a home? To no surprise, the most-popular response was “location.” The area you choose will dictate how much you’ll need to spend in order to buy and live there, the type of home you’ll get, your lifestyle, and your home’s future resale value, among other things. Location is also the one feature about your home that you can’t change, so it’s important to choose wisely. What makes for a great location? It will include proximity to schools, services and shopping; be a stone’s throw from work place and green space; and offer easy access to highways and public transit. But it’ll cost you. Many home hunters, particularly firsttimer buyers, seek value and a good investment opportunity in “up-andcoming” neighbourhoods, which allow you to get your foot in the door at a more-affordable price point, and reap the rewards when the area comes into its own in a few years. Vancouver-based real estate research and consulting firm, Cutting Edge Research Inc., offers these 12 questions 38 NEXTHOME.CA
to analyze an area’s potential: 1. Is the average income increasing faster than the provincial average? 2. Is the population growing faster than the provincial average? 3. Is the area creating jobs faster than the provincial average? 4. Does the area have more than one major employer? 5. Will the area benefit from an economic or real estate ripple effect? 6. Has the political leadership created an atmosphere conducive to economic growth? 7. Is the Economic Development Office progressive and helpful? 8. Is the area’s infrastructure being built to handle the expected growth? 9. Are there any major transportation improvements in the works? 10. Is the area attractive to Baby Boomers’ lifestyle? 11. Is there a short-term problem occurring that may be rectified in the future? 12. Is there a noted increase in labour and material costs in the area? Choosing the right location takes planning, and means balancing your lifestyle and budget. Be realistic, keep and open mind, and you might be surprised at where you end up!
How a pro picks ‘em In a recent Q&A with outspoken real estate developer and affectionately dubbed “Condo King” Brad Lamb, I asked him how he identifies the next “it” neighbourhood for new residential development. As a developer, his objectives are different from those of the average homebuyer, but the bottom line remains the same – finding the best value and return on his investment. Here’s what’s on his radar: “To date, I’ve worked in Montreal, Ottawa, Hamilton, Edmonton, Calgary and Toronto. One of the most important things is that the population of the city is [large] enough to support a highrise condominium marketplace, and that equates to prices in the $600-per-sq.-ft. range. The cities that we’re active in are ones that can support that number. “I also look for an active nightlife, vibrant bar and restaurant scene, and an exciting retail scene. I like to see people going out and spending money.” Lydia McNutt is an award-winning writer and editor with love for architecture, interior design and the written word. Email Lydia at Lydia.McNutt@ypnexthome.ca, and follow her on Twitter @LydiasTweets
What’s Online
Trending now The latest real estate news from across Canada
Strange lifestyle laws READ THE STORY ONLINE
Why I moved to the ‘burbs and haven’t looked back
nexthome.yp.ca/lifestyle-laws
READ THE STORY ONLINE nexthome.yp.ca/suburbs
7 questions to ask your new condo builder READ THE STORY ONLINE nexthome.yp.ca/7-questions
The Bank of Canada’s rate hike, and its trickle-down effect
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Visit our website: AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 39
Vancouver | Downtown Vancouver SEABUS 10
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NEW CONDOS:
NEW HOMES:
1. VIRTUOSO
9.
1035 Seymour Street 604-689-7003
4. 1335 HOWE Downtown Vancouver Onni.com
5. THE GREY Dunbar and 16th thegreyliving.com
6. ETON 5696 Berton Ave. 604-221-8598
7. CURRENTS AT WATER’S EDGE 3202 Riverwalk Ave. 604-451-8518
8. THE PACIFIC Pacific & Hornby grosvenorpacific.com
40 NEXTHOME.CA
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INTRACORP TOWNHOME COLLECTION, 7302-7358 GRANVILLE www.intracorp.ca/townhomes/c/granville59th/ 604-891-1288
10. MIRABEL 1345 Davie St. mirabelbymarcon.com 604-273-1313
SE MARINE DR
7
NOW SELLING SALES GALLERY 1035 SEYMOUR STREET (BETWEEN HELMCKEN AND NELSON)
THOUGHTFULLY DESIGNED DOWNTOWN RESIDENCES THESE ELEGANT INTERIORS ARE DESIGNED WITH AN OBSESSION FOR DETAIL TO CREATE AN UNPRECEDENTED EXPERIENCE FOR OUR HOME OWNERS — INCLUDING NATURAL STONE FLOORING THROUGHOUT ALL HOMES, IMPORTED ITALIAN CUSTOM KITCHENS FROM BINOVATM , AND WOLF AND SUB-ZERO APPLIANCES. TWO FINAL SUB-PENTHOUSE HOMES AVAILABLE, WITH THE OPTION TO COMBINE THEM INTO ONE 4,545 SQFT HOME.
TheSmithe.ca 604.689.7003 | info@TheSmithe.ca
THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING CAN ONLY BE MADE BY WAY OF DISCLOSURE STATEMENT. E. & O.E.
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grosvenorambleside.com 604-922-1380
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2517 Mountain Hwy. 604-988-3617
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www.ravenswoodliving.ca 604-670-7862
B2. SUMMITS VIEW AT EAGLEWIND 38220 Eaglewind Boulevard 604-892-5888
B3. SEVEN PEAKS 39548 Loggers Lane 604-292-9354
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Your nexthome is here!
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 45
Trending
CMHC: Strong evidence of overall problematic conditions continues SLOW GROWTH IN THE YOUNG ADULT POPULATION coupled with a
decrease in disposable income and a pickup in home price growth has prompted Canada Mortgage and Housing Corp. (CMHC) to maintain its assessment of “strong evidence of problematic conditions” in Canada’s housing market. “We continue to see moderate overvaluation and price acceleration,” warns Bob Dugan, chief economist at CMHC. “In the first quarter of this year, Canada saw a positive, yet slow growth in the young adult population and a drop in disposable income in all regions except British Columbia. This gives less support to house prices, which picked up again in early 2017 after a period of decline in the back half of 2016.” In Vancouver, “Townhomes and apartments, which typically sell for less than single-detached homes, were in high demand for first-time buyers and families. This led to
multiple-offer situations, increasing prices and moderate evidence of overheating,” says Eric Bond, CMHC’s principal market analyst for the Vancouver region. “The market continues to see moderate price acceleration and overvaluation due to low supply, despite record level construction.” On a quarterly basis, CMHC issues its Housing Market Assessment (HMA) to provide Canadians with both expert and impartial insight and analysis, based on the best data available in Canada. This report acts as an early warning system for the country’s housing markets — an important tool supporting financial and housing market stability. CMHC defines “problematic conditions” as imbalances in the housing market. Imbalances occur when overbuilding, overvaluation, overheating and price acceleration – or combinations thereof – depart significantly from historical averages.
CMHC’s HMA analytical framework is designed to evaluate the extent to which there is evidence of problematic conditions in Canadian housing markets. The framework assesses housing market conditions and considers the incidence, intensity and persistence of four main factors: • Overheating of demand in the housing market, wherein sales significantly outpace new listings. • Acceleration in house prices, which could be partially reflective of speculative activity. • Overvaluation in the level of house prices, which indicates that house price levels are not fully supported by fundamental drivers such as income, mortgage rates and population. • Overbuilding of the housing market, when the rental market vacancy rate and/or the inventory of newly built housing units that are unsold is elevated.
Report at a glance:
The Vancouver market is now showing moderate evidence of overheating due to townhomes and apartments seeing high demand leading to multiple-offer situations and higher prices.
46 NEXTHOME.CA
Overall rating continues to be “strong evidence of problematic conditions.”
Markets in the Prairies continue to show moderate to strong evidence of overbuilding.
Evidence of overvaluation at the national level remains moderate and strong evidence is seen in Toronto, Vancouver, Hamilton and Victoria.
Evidence of overbuilding has increased from six centers to seven as Quebec’s rating increases to moderate due to a high number of rental apartment starts outpacing demand.
1 , 2 & 3 B ED R O O M M O D ERN RE S I D EN CE S CO M I N G TO D O W N TO W N S Q UA M I S H
Live Sea to Sky
Architecturally striking and modern, Vantage is attentively designed with Squamish’s natural surroundings in mind, and at 6-storeys high, this iconic building will become a West Coast landmark. Views from every home capture rugged rock faces, dense forests, and dynamic waters. The central downtown location offers daily amenities, local restaurants, and one-of-a-kind shops within walking distance. With outdoor adventure and recreation at your doorstep, Vantage is Sea to Sky.
VantageSquamish.com
This is not an offering for sale. Any such offering may only be made with a Disclosure Statement E.&O.E
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SS YS T N
BRU
DAW ES
Loug
Lo u
gh
heed
HILL
RD
SH AU G
HN E MUNDY ST
AVE ET TE
Loug heed Hw
AUSTIN AVE
AUSTIN AVE
y
MUNDY PARK
MARINER WAY
COMO LAKE PARK
LINTON ST
A1
GATENSBURY ST
BLUE MOUNTAIN ST
CL
AR KE
COMO LAKE AVE
SMITH AVE
B2
KIN
GS
ee
dH
WA YA VE
wy
DOMINION AVE
DEWDNEY TRUNK RD
Lo u
gh
COLONY FARM REGIONAL PARK
Hw y ry
Ma
lB Hil
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dH
DEWDNEY TRUNK RD
wy
MEADOW GARDENS GOLF COURSE
s pas
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FORD RD FRASER RIVER
123RD AVE
DEWDNEY TRUNK RD
HAMMOND RD
S BONSON RD
PITT MEADOWS AIRPORT
HARRIS RD
NORTH RD
MA L
COQUITLAM
PORT COQUITLAM
PORT MOODY
A1. SIMON
B1. VICTORIA
C1. PLATFORM
B2. MONTROSE SQUARE
C2. THE GRANDE
NEW HOMES: West Coquitlam 604-420-4896
NEW CONDOS: A1. STANTON HOUSE 607 Cottonwood Ave. 604-260-8446
SEARCH ONLINE nexthome.ca
48 NEXTHOME.CA
NEW HOMES:
Victoria Drive & Baycrest Ave. 604-945-0087 Mary Hill Rd & Kelly Ave. 778-255-2599
NEW CONDOS:
GOLDEN EARS BRIDGE
Clarke and Moody aragon.ca/platform 300 Morrissey Rd 604-552-0552
207TH ST
RD
ER
210TH ST
C2
OW
ypnexthome.ca
VI
203RD ST
ST JOHNS ST
SD
TOWN CENTRE PARK
DR
HARRIS RD
y
BLV
D
PIONEER MEMORIAL INLET PARK PARK
LAN
SEARCH ONLINE A
I OR CT
CEDAR DR
Hw
C1
TA IN
AVE
COAST MERIDIAN RD
et rn
UN
DAV ID
OTTAWA ST
Ba
MO
SHORELINE PARK
JOHNSON ST
RIT AG E
D
ROCKY POINT PARK
PIN E
DAVID AVE HE
IOC OR
B1
COAST MERIDIAN RD
LV D
PA RK WA YB
UB TEA PLA
Coquitlam | Port Coquitlam | Port Moody | Pitt Meadows
R RD
RIVE
SHAPING THE FUTURE
WELCOME TO MONTROSE SQUARE 1 TO 3 BEDROOM CONDO HOMES IN PORT COQUITL AM’S NEWEST RECREATIONAL COMMUNIT Y
CO N E W MI N G CO N TH DO IS F S AL L!
The sense of place and lifestyle at Montrose Square is unparalleled. This first phase in Quantum Properties’ master planned mixed-use development is connected to Port Coquitlam’s brand new recreation complex by a large pedestrian plaza. All Montrose Square residents receive a free 5 year membership to the new recreation complex fitness facilities and pool, just steps away. There’s an expansive selection of floor plan styles to choose from, ranging from 1 bedroom to family-size 3 bedroom layouts, including some homes with massive terraces, others with spacious balconies or patios. Live/Work units located along the plaza-level front of the buildings, provide the added convenience of at-your-doorstep shops and services.
COMING SOON - REGISTER TODAY MontroseSquare.com 778 255 2599 Marketed by Quantum Realty Inc. and The Partners Marketing Group of Keller Williams Elite Realty. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. The developer reserves the right to modify plans, prices, features and specifications without notice as may be necessary and at their sole discretion. E. & O. E.
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 49
Trending
Fewer home sales, more listings in July DETACHED HOMES
TOWNHOMES
APARTMENT CONDOS
Active listings: 5,618 Sales: 949 Benchmark price: $1,612,400 Avg. days on market: 35
Active listings: 1,210 Sales: 543 Benchmark price: $763,700 Avg. days on market: 20
Active listings: 2,366 Sales: 1,468 Benchmark price: $616,600 Avg. days on market: 17
HOME SALES TOOK A BREATHER in the
lazy days of summer, with a total of 2,960 transaction reported by the Real Estate Board of Greater Vancouver (REBGV) in July – down 8.2 per cent year over year, and a 24-per-cent decrease compared to June 2017, when 3,893 homes sold. Despite the dip in activity, July sales were still 0.7 per cent above the 10-year July sales average. “Housing demand is inconsistent across the region right now. Pockets of the market are still receiving multiple offers and others are not. It depends on price, property type, and location,” says Jill Oudil, REBGV president. “For example, it’s taking twice as long, on average, for a detached home to sell compared to both townhomes and condominiums.” There were 5,256 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver in July 2017. This is up 0.3 per cent compared to the 5,241 homes listed in July 2016, and 50 NEXTHOME.CA
an 8.1-per-cent decrease compared to June 2017 when 5,721 homes were listed. The total number of properties currently listed for sale on the MLS system in Metro Vancouver is 9,194, a 10.1-per-cent increase compared to July 2016 (8,351) and up eight per cent compared to June 2017 (8,515). “Because home sale activity decreased to more historically normal levels in July, the selection of homes for sale in the region was able to edge above 9,000 for the first time this year,” Oudil says. For all property types, the sales-toactive listings ratio for July 2017 is 32.2 per cent. By property type, the ratio is 16.9 per cent for detached homes, 44.9 per cent for townhomes, and 62 per cent for condominiums. Analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. The MLS Home Price Index composite
benchmark price for all residential properties in Metro Vancouver is currently $1,019,400. This is up 8.7 per cent year over year, and up 2.1 per cent compared to June 2017. Sales of detached properties in July 2017 reached 949, down 11.9 per cent from the 1,077 detached sales recorded in July 2016. The benchmark price for detached properties is $1,612,400. This represents a 1.9-per-cent increase from July 2016 and a 1.5-per-cent increase compared to June 2017. Sales of apartment properties reached 1,468 in July 2017, down 8.4 per cent compared to the 1,602 sales in July 2016. The benchmark price was up to $616,600 – an 18.5-per-cent increase from July 2016 and a 2.7-per-cent increase compared to June 2017. Attached property sales in July 2017 totalled 543, down 0.7 per cent compared to the 547 sales in July 2016. The benchmark price rose to $763,700 – up 11.9 per cent from July 2016 and a 2.4-per-cent increase compared to June 2017.
Burnaby | New Westminster NEW WESTMINSTER NEW CONDOS:
BARNET MARINE PARK
A1
E NIV
DI
Elliot Street 604-662-8009
WA Y
BURNABY MOUNTAIN GOLF COURSE
Y WA DI
AR
GL GA
BROADWAY
A8
B2. ELLIOT
E
U
AR
SQUINT LAKE PARK
DR
RD
R
ITY
RS
GA GL
NE D
KE
YST O
Presentation Centre 188 Wood Street 604-438-5050
CL
GRE
B1. RIVER QUEENSBOROUGH
W
NORTH RD
BRENTWOOD MALL
CLIFF AVE
A5
UNIVERSITY DR
SFU
SPERLING AVE
HOLDOM AVE
WILLINGDON AVE
HASTINGS ST
Barnet Hwy
AR
INL ET
DR
CONFEDERATION PARK
BURNABY MOUNTAIN PARK
ROYAL OAK AVE
BOUNDARY RD
WILLINGDON AVE
BCIT
SPROTT ST
BURNABY LAKE REGIONAL PARK
AD AW AY
DEER LAKE
DEER LAKE PARK
NELSON AVE
GILLEY AVE
ROYAL OAK AVE
PATTERSON AVE
BOUNDARY RD
DE
RI
Presentation Centre #104 - 552 Clarke Rd 604-939-8868
CB
Presentation Centre 150A - 3355 North Rd 604-379-2191
A7. CROWN
M
ST
52 NEXTHOME.CA
H
nexthome.ca
A6. CAMERON
AY TW
SEARCH ONLINE
A5. CONCORD BRENTWOOD
EN
Presentation Centre #150 - 3555 North Road
EW
RW
A4. BROOKMERE
E AV
DE
Lougheed Hwy & Gilmore Ave. gilmoreplace.com
ST
T
Lougheed & Beta 604-435-1383
E AV
B1
S YD BO
EN
NEW CONDOS:
A3. GILMORE PLACE
R WA
L YA RO
AY NW
DUNCAN ST
WAY
BURNABY
7350 Kingsway 604-533-3033
8T
MARIN E
B3
O
DS
STE
QUEEN’S PARK
H
1
ED
E AV
6T
M AR
E AV
R
SD
ITH
IFF SOUTHRIDGE DR
R
A2. KINGS CROSSING
ST
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IN
SFU Burnaby Mountain 604-299-8861
E AV 6T
MARINE WA Y
A1. FRASER
H
8T
MARINE DR
BRAID ST
E AV
D
A2
H 0T
H
8T
AN
A6
IMPERIAL ST
GR
SE MARINE DR
1
E AV
RL
IMPERIAL ST
T
LS
RIA
PE
IM
BE
WA Y
M
GS
TH
10
AY W
KIN
E AV
DA
METROTOWN
A9 A12
H 6T
NA
A1 CENTRAL PARK
A9
CA
D ST
CU
OAKLA N 49TH AVE
LOUGHEED MALL
AUSTIN AVE
CAN
203 – 20 E Royal Ave. 604.523.0733
B4. THE PENINSULA
A7 A4
Lougheed Hwy
B3. THE ROYAL
Port Royal 604-544-2258
Inspiration
STYLE ME #BACKTOSCHOOL BY ELISA KROVBLIT
THE KIDS ARE HEADED BACK TO SCHOOL, the grown-ups are back at work, and the sun is setting on the lazy days of summer. Whether you’re moving, or just getting organized for the busy fall season, these super-cool finds will help you get back to business.
Dry-Erase Bistro Style Notes Decal with Marker $30
bedbathandbeyond.ca
Expressions Pillow Cover 18 by 18 in. $40 chapters.indigo.ca
MacBook Pro $1,729 apple.ca No Prob Llama Duvet Set $17 twin/queen walmart.ca
Chevron Storage Basket $30 homesense.ca
Canvas Oslo Console Desk
$300 canadiantire.ca
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 53
Advice | CONDO SENSE
BUSTLING BURNABY AND ITS TOWN CENTRES
By Cameron McNeill
THE BUSTLING MUNICIPALITY OF BURNABY has many neighbourhoods and
four distinct town centres – Metrotown, Edmonds, Brentwood and Lougheed – all undergoing exciting redevelopments. The region is growing in popularity for its livability, walkability, central location and proximity to transportation such as SkyTrain and highway access, whether your destination is downtown Vancouver, Coquitlam or south of the border. It is a highly sought after housing market with its many beautiful parks and trails, recreation, entertainment, and notable school and shopping districts. Experience Metrotown Home to B.C’s largest mall, Metropolis at Metrotown, there are grand plans to redevelop the shopping centre. The City has labelled the region as “Burnaby’s Downtown,” its street and transit network have been redesigned to incorporate an outdoor art gallery, Beresford Art Walk, and the SkyTrain is undergoing upgrades to improve rider experience. There are lots of amenities such as Central Park and SilverCity theatres, and new ones to come including a Performance and Event Centre.
MORE ADVICE ONLINE ypnexthome.ca/news/advice Crystal Mall in Metrotown. Photo by Diane Duflot 54 NEXTHOME.CA
Explore Edmonds Surrounded by an abundance of greenspace, Edmonds is home to Park Byrne Creek, Deer Lake Park and Highland Park Line Trail, which runs through to Central Park. This Burnaby hub has easy access to transit and is home to many outdoor shopping centres such as Highgate Village. A revitalization of the area is underway with new residential, retail and commerce, and Edmond’s spectacular 95,000-sq.-ft. Community Centre and neighbouring park. Building Brentwood The city centre at Brentwood and the 10-block radius around Willingdon and Lougheed is under major transformation and construction. The new Brentwood Town Centre is slated for completion in late 2018 for phase one, and will offer more than 250 stores, a modern luxury retail zone, and amazing dining and entertainment. A new 13-acre park is also planned for the area. It is also a desirable location for students, with proximity to the British Columbia Institute of Technology and Simon Fraser University. Discover Lougheed The exciting Lougheed Town Centre is undergoing an ambitious redevelopment for both residential and commercial space. There will be master-planned communities and mixed-use towers, along with an outdoor pedestrian spine, a galleria of retail shops, services and eateries. The new neighbourhood will offer an abundance of public spaces with parks, walking and cycling paths, and will incorporate an urban plaza to host celebrations and events. Burnaby, a place to call “home” Adding to the vibrant community are recent multi-family highrises including Kings Crossing in Edmonds (pictured), Lumina and Solo District in Brentwood, Sussex and Station Square in Metrotown, and the City of Lougheed and Hensley in the Lougheed/Burquitlam neighbourhood. In the next few months,
At Kings Crossing in Edmonds, Cressey’s three towers sit in the middle of an exciting neighbourhood, an easy walk to shops, restaurants and transit
Burnaby is expected to see 4,000 new units released to market. A great selection of homes will be available with floorplans ranging from one-, two- and three-bedroom layouts. Some new townhouses are expected to offer up to four bedrooms – a great option for growing families or residents requiring additional space for home office or a guest suite. Many sub-penthouses or penthouses are finally being released with plenty of spectacular city and mountain views to take in. As you search for a new home in Burnaby, drive around the different
neighbourhoods, stop to enjoy the shops and sites, and visit the presentation centres. Your first-hand experience and interaction will allow you to compare the communities and get a sense of the people and amenities that best cater to your lifestyle.
Cameron McNeill is co-president 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 AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 55
BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT
TYPE
CONTACT
PRICE
PROJECT
TYPE
CONTACT
PRICE
DELTA & TSAWWASSEN
ABBOTSFORD Allwood Place
TH
604-260-6797
Call
Brio
LR
604-943-8811
Call
Bristol Heights
TH
604-871-4241
Coming Soon
Chelsea Gate
TH
chelseagate.com
Coming Soon
Eagles Gate
SF
604-309-7729
From $373,500
Delta Gardens
TH
deltagardens.ca
Coming Soon
Falcon Ridge
SF
604-309-0540
From $789,000
Harbour Walk
LR
604-274-7326
Foxwood
SF
604-850-5040
From $524,900
Muse
LR
liveatmuse.com
From $199,900
TH/DU
604-943-6677
From $589,900
Gramercy
TH
gramercy.ca/aldergrove Coming Soon
Pelican Cove
Mahogany at Mill Lake
HR
778-255-9990
Call
South Pointe
SF
604-584-2908
From $699,900
Mill District
MR
604-621-5888
Coming Soon
Tsawwassen Heights
SF
604-271-7288
Call
Straiton Estates
SF
604-850-5040
Call
Tsawwassen Shores
SF
604-943-6677
From $589,900
Tsawwassen Springs
SF/LR
604-948-HOME
Call
BURNABY TH
604-671-8805
Coming Soon
LANGLEY
Churchill
TH
604-363-2627
Coming Soon
Bertrand Creek
SF
604-262-2965
From $898,980
The City of Lougheed
HR
604-328-7128
Call
Crest
TH
604-318-5167
Call
Concord Brentwood
HR
604-435-1383
From $299,900
Gabriola Park
TH
604-371- 1892
Call
Etoile
HR
604-828-1373
Call
Hutton
TH
huttontownhomes.com Call
Fraser
LR/TH
604-299-8861
Coming Soon
Arcola
Kings Crossing Polaris at Metrotown
HR
cressey.com/kingscrossingbycressey Coming Soon
HR
polarismetrotown.com Coming Soon
Simon 2
TH
SimonbyOtivo.com
Coming Soon
Solo District
HR
solodistrict.com
Coming Soon
Station Square
HR
604-438-1113
Call
Sun Towers
HR
SunTowersMetrotown.com Call
Syncro
LR
bold.ca
Call
Terraces at the Peak
LR
terracesatsfu.com
Coming Soon
Triomphe
HR
604-828-1373
Call
Vittorio
HR
604-430-8831
Call
Camden at The Falls
SF
www.livethefalls.com From $529,900
Midtown
TH
midtownchilliwack.com Coming Soon
River’s Edge
TH
604.824.5062
Call
HR
604-937-5670
Call
Amberleigh
SF
604-514-4359
Brookmere
HR
604-259-5991
Foster Ave Rowhomes
TH
Kingston
The Terraces
CH
778-987-2489
Coming Soon
Union Park
LR
604-871-4288
Call
Willoughby West
SF
604-371-0733
Call
The 222
LR
604-767-5913
From $184,900
Brickwater at the Village
LR
604-477-1500
Call
Cottonwood Lane
TH
greenwoodproperties.ca Coming Soon
MAPLE RIDGE
Falcon House
LR
604-477-1500
Call
Montgomery Acres
SF
604-477-2959
From $824,980
Ridgemont
TH
604-476-1777
Coming Soon
Willow
TH
lifeatwillow.com
Call
Wynnbrook
SF
604-380-4708
Call
58 On Cherry Hill
TH
604-768-9572
Coming Soon
Horizons
TH
1-888-826-1177
From $319,800
Capitol
TH
604-533-9390
Call
Elliot
HR
604-662-8009
Call
Coming Soon
Ewen
TH
604-549-8181
Coming Soon
Call
Hamilton Village
LR
604-526-5266
Coming Soon
intracorp.ca
Coming Soon
Parkside at Victoria Hill
HR
604-523-0733
Call
SF
604-514-4359
Coming Soon
Queens Park Estates
TH
604-279-3829
Coming Soon
Mont Bleu
HR
montbleu.ca
Coming soon
River Queensborough
TH
604-438-5050
Call
Simon
LR
604-420-4896
Call
The Peninsula
MR
604-544-2258
Call
Stanton House
LR
604-280-8446
From $589,900
The Royal at Victoria Hill
LR
604-523-0733
Call
The Ridge at Burke Mountain
SF
778-285-6299
Call
Thompson Landing
SF
604-520-3226
From $476,900
CHILLIWACK
NEW WESTMINSTER
COQUITLAM 567 Clarke + Como
Penthouse (PH)
Live Work (LW)
City Home (CH)
MISSION / HARRISON
High Rise (HR)
Mid Rise (MR)
Low Rise (LR)
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
BRINGING PEOPLE HOME CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER
FIFTHAVE.CA 56 NEXTHOME.CA
N E W H O M E S A L E S AND MARKETING EXPERTISE
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email homes@ypnexthome.ca PROJECT
TYPE
CONTACT
PRICE
PROJECT
TYPE
CONTACT
PRICE
MR/TH
604-983-9065
From $379,900
Park Residences at Minoru
HR
604-303-8878
Call
Pier, The
LR
604-274-7326
Cascade at the Pier
LR
604-984-0906
Coming Soon
Pinnacle Living at Capstan
Call
HR/MR/TH
604-303-0148
CentreView
HR
604-998-8540
Call
Pinnacle Living Sorrento
Call
MR/HR
604-303-0148
Compass
HR
604-980-5000
Call
Call
Quintet
HR
604-303-8878
Crown & Mountain
LR
604-985-8258
Call
Coming Soon
Riga
TH
604-715-1250
Edgemont Townhome
TH
Call
boffoproperties.com Coming Soon
Riva
MR
604-278-8825
Green on Queensbury
LR/TH
Call
qualex.ca/green
Register Now
River Green
MR
604-233-2633
Grosvenor Ambleside
Call
HR
604-922-1380
Call
River Park Place
MR
604-356-7719
Call
NORTH VANCOUVER Atrium at the Pier
Latitudes
TH
604-435-9477
From $469,900
River Inlet
MR/TH
604-233-2633
Call
LR/TH
604-800-2120
Call
Trafalgar Square
LR
604-276-8865
Call
Pinnacle Residences at the Pier
MR
604-983-9065
Call
Viewstar
TH
604-285-9983
Call
Residences at Lynn Valley
TH
604-924-0166
Call
Vogue
TH
604-715-1250
Call
Tatlow
LR
Coming Soon
Wembley
TH
604-231-0480
Call
604-988-3617
Call
Westminster Terrace
TH
604-204-1077
Call
MR
604-983-9065
Call
LR/TH
604-971-3181
Call
Coming Soon
Northlands
Taluswood at Timber Court Trophy at the Pier x61
SQUAMISH / WHISTLER
PITT MEADOWS Orion
LR
604-315-7882
From $299,900
Nature’s Walk
TH
604-262-1850
Call for info
PORT COQUITLAM
Elaho
TH
604-898-2232
Ocean Crest
SF
604-896-2235
From $1,298,000
ParkHouse
LR
604-567-5433
From $167,900
Ravenswood
SF
604-670-7862
From $800,000
Seven Peaks
TH
604-262-9354
Call
TH
604-892-5888
From $559,900
TH/LR
1-877-344-5566
From $239,000
LR
1-888-852-7575
Call
Edgestone
TH
bold.ca/edgestone
Coming Soon
Summits View
Lumiere
LR
604-941-2007
Call
Aqua
Montrose Square
LR
778-255-2599
Coming Soon
University Heights
Victoria
RH
604-945-0087
Coming Soon
SUNSHINE COAST
The Grande
HR
604-552-0552
Call for info
Edgewater at Porpoise Bay
TH
604- 885-8556
Call
Platform
TH
aragon.ca/platform
Coming Soon
SilverStone Heights
SF
604-741-1877
From $479,900
Station, The
TH
604-492-3338
Call
SURREY Aloha Estates
TH
blackonyxmarketing.ca Coming Soon
Alfa
HR
604-276-2532
Call
Clayton Walk
TH
claytonwalk.com
Coming Soon
Calla at the Gardens
MR
604-271-3331
From $300,000s
Esplanade at Waterstone
LR
604-530-5399
From $219,900
Cascade by the City
HR
cascadecity.landaglobal.com Coming Soon
The Guildford
LR
778-394-8867
Coming Soon
Concord Gardens
HR
604-233-7748
From $300,000’s
Harvest at Bose Farms
TH
604-576-7722
Call
Dahlia at The Gardens
MR
604-271-3331
Coming Soon
Hawthorne
RH
mosaichomes.com
Coming soon
Empire Living
TH
604-244-9622
Call
Highcrest
LR
604-584-7273
From $345,900
Grand, The
HR
604 278 3880
Call
Hillcrest
SF
778-565-7768
Coming Soon
Jasmine at The Gardens
TH
604-271-3331
Coming Soon
King George Hub
HR
kinggeorgehub.com
Coming Soon
Kenstone Gate
TH
604-218-3338
From $529,900
The Links Residences
TH
infinityproperties.ca
Coming Soon
Kingston Gate
TH
604-760-6024
Call
Park Avenue West
HR
604-583-9866
From $250’s
Livia
TH
604-364-2159
Call
Park Place Fleetwood
SF
604-539-3939
Call
LR/TH
604-278-0808
Call
Park Place Village
TH
604-617-7763
From $359,000
HR
604-233-7748
From $300,000’s
Prime on Plaza
HR
604-498-3888
Call
TH
778-591-6685
From mid $600’s
TH
liveatthomas.com
Coming Soon
HR
604-588-5795
From $233,900
SECHELT
PORT MOODY
RICHMOND
Mandarin Walk Monet
Opal at Richmond Centre HR 604-303-7575 From $464,900 234214_Axis_NHBG_BannerAd_(Full_Bleed)_prs01.pdf 1 Orchid by Beedie HR info@orchidbeedie.ca Coming Soon Parc Riviera
MR Penthouse (PH)
604-231-5900 Live Work (LW)
Summit 2015-01-16 11:37 AM Thomas at Fleetwood
From Low $200’s
City Home (CH)
High Rise (HR)
University District Mid Rise (MR)
Low Rise (LR)
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
AUG 18 - SEPT 1, 2017 | NEW HOME & CONDO GUIDE 57
Y
Y
TYPE
CONTACT
PRICE
PROJECT
TYPE
CONTACT
PRICE
Monarch
MR
604-568-6883
From $444,900
VANCOUVER & AREA
One, The
HR
604-874-8368
Call
DOWNTOWN
Parc 26
MR/TH
604 336 6380
Call
MR/TH
604-336-6380
Call
604-563-8336
Call
Westpointe
TH
604-833-9193
Call
8X On The Park
HR
604-801-6861
Call
Parc Elise
1335 Howe
HR
604-689-8535
Call
35 Park West
LR
Avenue One
HR
avenueone.ca
Coming Soon
Pinnacle Living at False Creek
MR
604-874-8368
Call
Burrard Place
HR
burrardplace.ca
Coming Soon
Pinnacle Living Broadway
MR
604-739-2080
Call
Cambie62
MR
604-779-0091
Coming Soon
The Charleson
HR
604-689-8535
Call
Eventide
LR
604-783-1044
Call
Mirabel
HR
mirabelbymarcon.com
Call Coming Soon
Primrose
TH
PrimroseVancouver.com Coming Soon
Prodigy
MR
604-221-8878
From high $300s
Q16
TH
604-263-8090
Call
Sota
HR
604-671-1025
From 2.5 million
The Leveson
TH
604-88-3012
Call
The Spot
MR
604-568-6886
From $269,900
The Ivy
LR
604-566-5888
Call
Oak Flats
LR
bold.ca
The Pacific
HR
grosvenorpacific.com Coming Soon
Vancouver House
HR
604-893-8958
Call
TH
604-438-5050
Call
The Grey
MR
thegreyliving.com
Call
EAST SIDE Avalon Mews Currents at Water’s Edge
LR
604-451-8518
Call
The Regent
TH
604-273-1313
Call
Elenore On Fifth
LR
elenoreonfifth.com
Coming Soon
Tisdale
TH
778-846-5990
Call
Focal
LR
604-563-6777
Coming Soon
W10th & Maple
MR/TH
604-739-2080
Call
Francis
TH
604-330-8848
Call
WEST VANCOUVER
Gem, The
LR
liveatthegem.com
Coming Soon
Galleries on the Bay
LR
604-836-7355
From $490,000
Grandview Cascades
TH
grandviewcascades.com Coming Soon
Kerrisdale by Cressey
LR
cressey.com
Coming Soon
Shannon Wall Centre
LR
604-267-8882
Call
MR/PH
778-265-3464
From $324,900
Kensington Gardens
LR
604-620-7886
Call
Paragon
LR
604-688-5566
Coming Soon
LR
604-830-3938
From $259,900
VICTORIA
HR/MR/CH
604-879-8830
Call
Black & White
Skyway
HR
604-436-1100
Call
WHITE ROCK / SOUTH SURREY
Triumph
TH
604-563-6200
Call
Beachborough
TH
beachborough.ca
Coming Soon
View338
LR
604-303-8838
From $219,900
The Eagles
TH
dawsonsawyer.ca
Coming Soon
Edgewood Gate
SF
778.294.9077
Call
Call
Evolve at the Hamptons
TH
EssenceLiving.com/Evolve Call
Renfrew & 2nd River District - Avalon Park
WEST SIDE 7302-7358 Granville 1555 West Eighth
TH
604-891-1288
LR/MR
604-828-3998
Call
Headwaters Club
LR
headwaters.club
41West
MR
604-563-8336
Call
Hycroft 2
RH
605-541-2495
Call
6th & Yukon
LR
cressey.ca
Coming Soon
Imperial
TH
liveatimperial.com
Coming Soon
99 West
Coming Soon
MR
604-620-8600
From $528,800
Foster & Martin
HR
fostermartin.ca
Call
W10th & Maple
MR/TH
604-239-2080
From $429,900
Aperture
LR/TH
604-345-9000
Call
Miramar Village
HR
604-542-8882
Call
Arbutus Ridge
MR
604-738-0001
Call
Orchard Grove
SF
orchardgrovecollection.com Coming Soon
Aston
TH
604-418-6809
Call
Belpark
LR
604-891-1281
Call
Boulevard
MR
604-685-5778
From $367,400
Cambie Star
MR
604-876-9222
Call
Cambridge Mews
TH
604-808-3058
Call
Canvas
MR
604-875-8508
Call
Pacific Heights
SF
604-427-1803
Coming Soon
Plateau at Grandview Heights
SF
604-560-6438
Call
Quinn
TH
604-720-7478
Call
Semiah
HR
semiahbymarcon.ca
Coming Soon
SoHo
TH
604-560-0272
Call
Southcrest
SF
604-372-3683
Call
SF
604-372-3683
Call
Citti
MR
604-880-6880
Call
Southside
Eton
LR/HR
604-221-8598
Call
South Point Walk
TH
604-560-3238
Call
Evelyn
TH
604-922-0330
Call
South Ridge Club
TH
604-582-1113
From $420’s
Granville at 70th
HR
604-687-2298
Call
Switch
TH
604-581-8080
Call
Kerrisdale Gardens
MR
604-559-9848
From $540,900
Viridian
TH
viridianhomes.ca
Coming Soon
Livingstone House
LR
604-998-8988
From $639,900
Westpointe
SF
604-833-9193
Call
Westside at Orchard Grove
SF
604-372-0383
Call
McCleery and Magee SF 604-255-3838 Call MLA_NCG_Footer_banner_FNL.pdf 1 2017-05-29 Penthouse (PH)
MLACANADA.COM
M
PROJECT
Live Work (LW)
City Home (CH)
Real Estate Intelligent
10:40 AM
High Rise (HR)
Mid Rise (MR)
58 NEXTHOME.CA
Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)
ADVISO RY COMMUN ICATIO N S PROJEC T MA RKETIN G SALES & L E AS E U P C USTO ME R CA RE
Y
Low Rise (LR)
CANADA
SOHO
| |
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TIMELESS DESIGN · WORLD CLASS VIEWS · ELEGANT HOMES
LOCATED AT PACIFIC + HORNBY IN DOWNTOWN VANCOUVER
COMING SOON
Register Today GrosvenorPacific.com Illustration is an artist’s interpretation only and may not be accurate. This is not an offering for sale. E&OE.