BC New Home and Condo Guide - Sept 1, 2017 by NextHome

SEPT 1 - 15, 2017 VOLUME 2, ISSUE 18, FREE

METRO VANCOUVER EDITION

INSIDE THIS ISSUE

3 STEPS TO START THE HOME HUNT

NEIGHBOURHOOD PROFILE: EXPLORE FLEETWOOD!

HOW TO WIN A BIDDING WAR

ONLY 5 AVAILABLE!*

NATURAL LIVING ON YORKSON PARK

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*Prices quoted are exclusive of taxes, subject to availability at time of visit and/or change without notice. Only 7 homes available for purchase in current phases. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

6 NEXTHOME.CA

Pure Inner Beauty South Point Walk’s limited collection of townhomes and condos are designed with sophisticated kitchens, exquisite bathrooms, functional flex spaces, and balconies or private yards. Just steps away from everyday amenities and a short distance to beaches, parks, boutiques, schools, golfing, and the historic 32 Ave

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* This is not an offering for sale. Any such offering can only be made with a disclosure statement. Prices are subject to change. Sales by Qualico Realty. E.&O.E.

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 7

SURREY/LANGLEY

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 9

contents SEPT 1 – 15, 2017 | VOLUME 2 ISSUE 18

ON THE COVER

Anthem:

Fleetwood Rise – real homes for real families

property profile

Legendary Living

Bravo on Broadway: Vibrant urban lifestyle

Investment

Taking on debt to meet your financial goals

advice

Condo sense

Are we listening to the Silent Generation by Cameron McNeill

trending

CMHC

Housing market showing problematic conditions

Moving

How to dodge “rogue” moving scams

10 NEXTHOME.CA

Housing Market

The five most expensive homes for sale in Canada

Interest Rates

Making sense of rising interest and mortgage rates

Fundamentally Speaking How heavy is your debt load? by Wayne Karl

Mind over mortgage

Coming out on top: How to win a bidding war by Alisa Aragon

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews

PUBLISHER & GENERAL MANAGER

Shawn Woodford

DIRECTOR OF CONTENT & EDITOR-IN-CHIEF

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

28 + online NEIGHBOURHOOD

HOME SEARCH

in every issue MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

MAPS

LOOK FOR THE CIRCLE

Dwayne Rutherford

NATIONAL CIRCULATION MANAGER

John Jenkins

PRODUCTION MANAGER

Anthony Majetic

GRAPHIC DESIGNER

Miguel Cea

PRODUCTION CO-ORDINATOR

Hot properties

Hannah Yarkony Published by

48 What’s online 2025 Willingdon Ave., 4th floor Burnaby, BC, V5C 0J3 T 604.519.6080 F 604.519.6088 ypnexthome.ca

Surrey/Langley

ADVERTISING Call 604.519.6080 for rates and

3 steps to get your home hunt off on the right foot

Richmond/Delta

CIRCULATION Highly targeted, free distribution system

by Bob De Wit

34 South Surrey/

News & views

Tackling housing unaffordability

inspiration

Design Secrets

Bath or shower? by Jane Lockhart

SENIOR MANAGER, DISTRIBUTION

GVHBA report

by Lydia McNutt

Ranee Pal

by Maria Rantanen

district maps

SALES COORDINATOR

Fleetwood

64 Listings directory

Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103

Editor’s note

20 Neighbourhood Profile

WITH

DYNAMIC

MEDIA CONSULTANTS

Designer Advice

For the love of layers! by Yanic Simard

White Rock

Maple Ridge/ Pitt Meadows

46 Vancouver 52 North Shore/ Squamish

56 Tricities 62 Burnaby/

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 SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 11

Editors’ Notes

It pays to buy early in the construction process YET AGAIN, CANADA’S RISING HOME PRICES are making world headlines.

LYDIA MCNUTT Senior Editor Yellow Pages NextHome Email: Lydia.McNutt@ypnexthome.ca Twitter: @LydiasTweets

Canada Mortgage and Housing Corp. has issued another warning that overvaluation and the rate of price growth of homes are putting Canada’s economy at risk – particularly in Vancouver and Toronto. Earlier that same week, these two cities also made the news with their ranking among the world’s priciest housing markets – Vancouver taking third place worldwide, and Toronto coming in ninth. Every time I read the real estate market reports and monthly sales statistics, I ask myself: how can first-time homebuyers get their foot in the door? Worry not, there’s a solution looming on the horizon – literally, in the form of new construction. If you’re looking for increased affordability and have some time on your hands, look to the pre-sale housing market – condo, lowrise or otherwise. Oftentimes, builders will offer pre-construction pricing to help kick-start sales and get the shovels in the ground. Aside from that initial break on the bottom line, the buyer also builds equity on their new home, simply by virtue of patience. From the time you buy your house or condo to the time you get the keys, which can take a couple of years, you’ll have earned a good chuck of equity on your initial investment. When all is said and done, Canadian real estate has historically been a good financial investment. Ask your parents how much they paid for their home 30 years ago, and compare that to what it’s worth today. How’s that for incentive to buy?

CANADA’S FASTEST GROWING CITIES

READ THE STORY ONLINE

If a city is attracting many people, retailers and homebuilders will follow suit. As a result, population growth is an indicator of a healthy real estate market. Statistics Canada recently released its 2016 population and dwelling figures, providing a clear view of which cities are growing – and fast... Read the full story… nexthome.yp.ca/fastest-growing-cities

+ get social 12 NEXTHOME.CA

Interact with us on social media: ypnexthome

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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

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This is not an offering of sale. Such offering can only be made by way of disclosure statement. Fleetwood Rise is developed by Anthem 16434 Fraser Developments LP & Anthem 16518 Fraser Developments LP. E&O.E.

Property Profile | FLEETWOOD RISE

cover story

Fleetwood Rise Real homes for real families LOCATION, LOCATION, LOCATION – it’s an old adage, but when it comes

Live connected

to Fleetwood Rise in Surrey, it’s definitely still true. The newest masterplanned neighbourhood from Anthem, Fleetwood Rise is a collection of 131 townhomes that’s clearly wowing savvy buyers looking for a home with personality and a community-centred lifestyle. “Fleetwood Rise is our second development in this neighbourhood,” says Elva Kim, Anthem’s vice-president of sales and marketing. She points down the road to where a young couple on bicycles have paused to chat with a neighbour who’s enjoying the summer sunshine in the front yard of her townhome in The Rockwoods. “We already have a strong connection with the community, and because some of our first homeowners here at Fleetwood Rise will be taking possession at the end of October, it’s as exciting for us as it is for them.”

“This location really does have everything,” Kim says. “You’re right next door to the Surrey Sports & Leisure Complex and a municipal library. There are schools at all levels nearby, parks, trails, golf courses, shopping… you name it, it’s here. Plus it’s only a 10-minute drive to the Port Mann Bridge, and you’ve got great transit connections.” Of course, Anthem understands that sometimes you simply want to stay home, so all Fleetwood Rise owners will have exclusive access to an inviting clubhouse with a party room, lounge, and outdoor entertaining space. Sounds like the

16 NEXTHOME.CA

Location

Surrey Builder

Anthem Development

Fleetwood Rise Home Type

Townhomes Contact

fleetwoodrise.com

perfect spot for family get-togethers, life celebrations, or gathering with neighbours. Life is good.

Your wish list come true “There’s an almost insatiable demand for larger, four-bedroom townhomes where families with kids can grow into their home… not out of it,” Kim says. “Over 80 per cent of the homes here are three-bedroom and den or four-bedroom [plans] ranging between 1,450 and 1,600 sq. ft. We listened to feedback from our homeowners at The Rockwoods and then incorporated those comments and successes as standard features at Fleetwood Rise — details like side-by-side garages, powder room on the main, built-in pantries, extra large islands, and walk-in closets are all standard — so we’re taking how people want to live into the design

process to enhance where they want to live.” It’s no wonder response has been overwhelming. “I strongly encourage anyone who is interested in being part of this community to visit the Fleetwood Rise Presentation Centre and connect with our sales team, because this offering simply isn’t going to last.” The Fleetwood Rise presentation centre and showhomes are currently open for previews daily from noon to 5 p.m. (except Fridays). To receive more information about this amazing community, visit fleetwoodrise.com or call 604.372.2122. Two-, three-, threebedroom and den homes are available, as well as larger four-bedroom homes starting from the mid $600,000s. Don’t miss this opportunity to be part of the evolution of Surrey’s dynamic Fleetwood neighbourhood.

Your nexthome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

18â&#x20AC;&#x192;NEXTHOME.CA

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.

MORE TRENDING ONLINE ypnexthome.ca/news

REPORT AT A GLANCE:

Markets in the Prairies continue to show moderate to strong evidence of overbuilding. Overall rating continues to be “strong evidence of problematic conditions.” Evidence of overvaluation at the national level remains moderate and strong evidence is seen in Toronto, Vancouver, Hamilton and Victoria.

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.

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.

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 19

Neighbourhood Profile | FLEETWOOD

FLEETWOOD By Maria Rantanen

NEW AND OLD MIX in the Fleetwood neighbourhood in east-central Surrey. With its large lots, the area is slowly being revitalized with newer, larger houses replacing the housing stock built largely in the 1960s and ’70s. Families can still find a house with a yard at a relatively reasonable price in Fleetwood, but the city has also started densifying the town centre area.

THE VIBE Fleetwood residents love their quiet neighbourhood — far from the crime that city of Surrey is sometimes known for. While the area is primarily residential, there are services and amenities so 20 NEXTHOME.CA

Fleetwood residents can spend their leisure hours close to home. City staff take pride in the area’s many parks and their beautiful gardens are a testament to their hard work. MEET THE NEIGHBOURS Surrey is a multicultural city and Fleetwood is also a destination point for many new Canadians. About 20 per cent of the residents of Surrey speak Punjabi as their first language, but also immigrants from the Philippines, China and other parts of the world are making Fleetwood their home. According to 2010 Statistics Canada numbers, incomes in Fleetwood, at about $50,000

per annum, are slightly below average incomes in Surrey. IN THE AREA Major sports and recreation facilities have been constructed throughout Fleetwood and its many amenities are a draw for residents from all parts of Surrey. Surrey schools have a good reputation, which is great for people with young children. The city has also invested heavily in preserving greenspaces either as natural greenbelts or as parks. PLANES, TRAINS & AUTOMOBILES Fleetwood residents will find traffic

Hot Spots SURREY SPORT AND LEISURE COMPLEX Whether you’re a kid who loves hockey, an adult wanting to join a recreational team, the three sheets of ice at Surrey Sport and Leisure Complex offers a wide range of possibilities. FLEETWOOD COMMUNITY CENTRE Preschool programs and summer daycamps for children, a place for youth to hang out, lawnbowling for seniors — this is just a slice of what is offered at the Fleetwood Community Centre. FLEETWOOD LIBRARY Located right next to the Fleetwood Community Centre, the Fleetwood branch of the Surrey library system offers many literary possibilities from books to literacyfocused programs for people of all ages.

somewhat of a hassle, especially if they’re heading downtown. But the neighbourhood is fairly close to both Highway One and the new South Perimeter Road. The Fraser Highway bisects Fleetwood, taking residents east to Langley or west to central Surrey. The city’s long-term plan is to have light rapid transit connecting Fleetwood westward to the SkyTrain grid in central Surrey and eastward to Langley City. THE GOOD, THE BAD & THE REST It’s taking a while for Fleetwood to modernize and some neighbourhoods still have rundown homes and vestiges

of neglect. But as the City of Surrey pushes forward with its planning, focusing on development and density in town sites like Fleetwood, the area is slowly getting a more 21st century feel. REAL ESTATE The Fleetwood area isn’t a high-end neighbourhood; rather, its shops and services cater to middle-class families with middle-income budgets. But that doesn’t mean there aren’t good grocery stores, like Fresh St. Market, located at Fleetwood Park Village, with its deli counter and specialty foods, as well as retail chain stores as well as mom-andpop shops.

FRANCIS PARK Francis Park completes the recreational hub at 84 Avenue and 159 Street that includes a recreation centre and a library. The park includes playgrounds for kids, benches for sitting and an outdoor chess table. FLEETWOOD PARK A green oasis in the area with beautiful gardens, a wooded area with trails for walking and shaded areas to sit in. There’s also a water park for youngsters, a playground and picnic areas. SURREY GOLF COURSE Fleetwood residents have a wide selection of golf courses just south of the area where they can get in some exercise or just socialize. Surrey Golf Course is located just on the periphery of the neighbourhood and features an 18-hole course as well as the nine-hole Willows Nine. SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 21

Advice | CONDO SENSE

Are we listening to the Silent Generation?

By Cameron McNeill

THE IMPACT OF THE Baby Boomer

generation on real estate is a hot topic, however, there’s another generation (the Boomers’ parents) that has quietly surfaced — The Silent Generation. Born from 1925 to 1945, The Silent Generation has yielded a new market of buyers we call “Active Seniors.” Here are some notable facts about this demographic: » Many have mortgage-free property holdings, usually single-family homes » Most have their estate being managed by their Baby Boomer children or least under significant influence of their children » Active Seniors do not want to lose their independence, however they realize the impracticalities and maintenance of their single-family home as they age » This group often also prefers to “age in place” and is looking for a single-level home where they can stay and have help come to them as needed, rather than move again into an assisted living environment » People are living longer. According to Statistics Canada, centenarians are the second-fastest growing age group. With advances in medical sciences along with a desire to live longer and healthier lives, we believe this trend will continue. Condominiums are a very viable option for Active Seniors. Developers will be paying close attention to their needs, as well as their influential Baby Boomer children who want the comfort of knowing their parents are living well. When we talk to this demographic their priorities are clear. Here are some of the factors to look for when selecting a home for an Active Senior: » ACCESS TO TRANSIT: The closer, the better. But pay attention to pathing 22 NEXTHOME.CA

and traffic. Look for areas with ample lighting, hand rails and minimal stairs, and areas with potential for slipping. LOCATION: Baby Boomer children want to be close to their parents, so locations adjacent to or within residential neighbourhoods (mostly single-family homes) are attractive. LARGER BATHROOMS AND ENSUITES, with the ability for accessibility upgrades later. This includes grabbars and shower seats in bathtubs and showers. Speak with your realtor or condo developer to ensure you are aware of regulations surrounding this. ACTIVE LIFESTYLE AMENITIES: This demographic loves low-impact swimming, Jacuzzi and steam rooms for relief of joint and muscle pain, and convenient access to walking paths and parks. ENTERTAINMENT AT HOME: Desirable amenities include a hobby and games

room, library and outdoor garden space. » SAFETY: Concierge services and homeowner occupied buildings will offer a tighter knit community As Baby Boomers age and move into the same stage of life as their Silent Generation parents, the volume on this conversation will definitely increase. 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

MORE ADVICE ONLINE ypnexthome.ca/news/advice

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SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 23

Advice | FUNDAMENTALLY SPEAKING

How heavy is your debt load? Rising interest rates a cause for belt tightening – and not just for Canadians By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WAY TO GO, Bank of Canada, you’ve

freaked people out. Your first rate hike in seven years – on July 12, raising the target for your influential overnight rate to 0.75 per cent from 0.50 – is cause for concern, for some. But it’s not all you. That same day, Canada’s big five banks all raised their prime lending rate by 25 basis points. Canadians, naturally, worry how these rising rates might hurt them, particularly when experts suggest this may be the first in a series of hikes over the next year or 18 months. And no shortage of reports suggest, with high debt loads and rising rates, it’s time to batten down the hatches. Even Canada Mortgage and Housing Corp. warns that, “While the credit situation of mortgage holders in Canada remains stable, record-high levels of household debt underscores the need to keep a close eye on trends and developments.” Such concerns, however, may be overblown. In fact, the ones doing the belt tightening should be the government, itself. “Canadian households have taken on more debt over time, but they have used this debt to finance assets – real estate, for example – that are appreciating over time, causing their net worth to grow, 24 NEXTHOME.CA

By the end of last year, household debt reached more than $2 trillion, up from $357 billion in 1990. also to unprecedented levels. The same cannot be said for government debt.” Ouch. This analysis comes from the Fraser Institute. Concerns about household indebtedness focus on measures such as total household debt accumulated,

or the ratio of household debt to income, the independent research and educational organization says. Based on these metrics, Canadian household debt levels are indeed near historic highs. By the end of last year, household debt reached more than $2 trillion, up from $357 billion in 1990. The lion’s share of this debt – two thirds, in fact – is for mortgages, while the remaining third is split between consumer credit (29 per cent) and other loans (five per cent). Over the same period, the total financial liabilities of the government sector grew from approximately $700 billion to $2.5 trillion, while its net debt grew from more than $400 billion in 1990 to nearly $970 billion in 2016. Wealth planner and mortgage expert Calum Ross is even more direct. “Rising rates is a sign for economic optimism,” he told New Home & Condo Guide. “Our economy is creating jobs, and if Bank of Canada GDP growth for 2017 does indeed reach 2.8, that’s great news. “I am still very skeptical about the long-term strength of any of the western world economies until we get government spending under control. Factually, it is the single biggest threat to the standard of living in the western world and it must be addressed aggressively in the years to come. “In Canada our federal and most of our provincial governments are spending more than they make. You don’t need an accounting or finance degree from a fancy school to know that incredibly problematic.” Wayne is an award-winning writer and editor with experience in real estate and business. Email wayne.karl@ypnexthome.ca or follow him on Twitter at twitter.com/WayneKarl.

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.

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SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 25

R IVE

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KNIGHT ST

Richmond | Delta | Ladner | Tsawwassen VANCOUVER INTERNATIONAL AIRPORT (YVR)

BA SS

NO 3 RD

Richmond Hwy

ALDERBRIDGE WAY

LANSDOWNE PARK MALL RICHMOND NATURE PARK

RICHMOND CENTRE

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GRANVILLE AVE

RICHMOND

CAMBIE RD

A3 A5

WESTMINSTER HWY

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CAMBIE RD

NO 5 RD

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11501 84th Ave deltagardens.ca DW ER

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DELTA 12 B1. AVE

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604-271-3331

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A5. JASMINE AT THE GARDENS

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55 ST

A4. RIVER PARK PLACE

53A ST

52 ST

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75A AVE 74 AVE

C OAST TSAW WAS S E N I N N

TSAW WAS S E N GOLF CLU B

A3. DAHLIA AT THE GARDENS

BOU N DARY BAY R EG IONAL PAR K

AC H

OV E

41ST B ST

U R DR

WWW.THEAGENCYREM.COM

RO AD

INFO@THEAGENCYREM.COM

53RD ST

PROJECT SALES AND MARKETING PROFESSIONALS 604-453-6600

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6TH ST

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78B AVE

T S AW WA S S E N

NO 3 RD

No. 3rd across from Capstan Skytrain 604-285-9983

G RAU E R PAR K

18 AVE

S P LAS H D OW N PAR K

113 ST

A2. VIEWSTAR

72 AVE

DEAS ISLAND REGIONAL PARK

9560 Tomicki Ave 604-276-8865

115 ST

5111 Hollybridge Way 604-233-2633

FINN RD A6. TRAFALGAR SQUARE

D RR

75 AVE

56 ST

NEW CONDOS:

R IV

YM RR

80 AVE

IC A

DE LTA NATU R E R E S E RVE

RICHMONDMONCTON ST

ive r

se rR Fr a

NO 5 RD

119A ST

NO 4 RD

NT A

82 AVE

116 ST

NO 3 RD

MACK I E PAR K

BL VD

118 ST

GILBERT RD

GARRY POINT PARK

A1. RIVER GREEN

84 AVE

112 ST

NO 2 RD

80 AVE

Steveston Hwy

52 ST

Steveston Hwy

I LT SH

RAILWAY AVE

NORTH DE LTA PAR K

is Hw

SOUTH ARM PARK

c Anna

WILLIAMS RD

NORDEL WAY

NO 1 RD

FRANCIS RD

SCOTT RD

FRANCIS RD

W AY

NO 6 RRD IV E

BLUNDELL RD

/THEAGENCYREM

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.

28 NEXTHOME.CA

Inspiration | DESIGN SECRETS

BATH OR

SHOWER…? That is the (divisive) question!

WE RECENTLY POSED THE QUESTION, “If you could choose only one – a bath or a shower – which would you prefer? Like an old-fashioned switchboard, our social media channels lit up with opinions. I quickly learned that people can be very hard-lined and protective of their choice when it comes to coming clean. There are shower people and there are tub people. Only a few pushed back, insisting on both. It’s a question I hear with every renovation. Clients want to know if they should replace their tub with one big shower. I usually turn it back around and ask, “Do you prefer a bath or a shower?” It’s a matter of personal taste, depending on what stage of life you’re in, how long you plan to live in the house and many other factors. Most older homes in the GTA have a combination tub-shower in the bathroom. For most of us, this is our default option. Although it may not be the best choice stylistically, it’s a great convenience. It provides you with both options in the same amount of space. Had a long day? Take a nice, long soak. Need a quick wake up to get your day started? Hop in the shower. Having a bathtub for small children is usually on a family’s must-have list, even if the parents prefer a shower. If your decision is based strictly on functionality, the shower-bath combo is the way to go. Which tub works best? Again, it’s personal and it’s not always about function. For some it’s all about form. A free-standing tub, the ultimate spa treat, is a luxury choice – especially if you have the space. Even more decadent is the

By Jane Lockhart

growing trend of free-standing bathtubs in master bedrooms. Today’s modern tubs are more than acrylic or porcelain-coated cast iron. Companies such as Victoria + Albert are using highly insulated materials that combine natural materials like volcanic limestone and resin to create a warm-tothe-touch surface. The condo market is different, as units are built almost exclusively with showers only. When space is at a premium and you’re paying for every square foot, a shower makes more sense. Modern glass doors and great-looking tile help you forget why you’d ever want a tub in the first place. Plus, condo dwellers tend to be urbanites who believe convenience and cost-savings far outweigh the benefits of relaxing in a tub.

If you have a choice of showers, a steam shower is an excellent option to recuperate after a long day at work or a strenuous physical activity. It can reduce stress and muscle aches, and help you to relax. With so many options today, such as body jets, multiple shower heads, high-tech chromotherapy lighting and sophisticated sound systems, showers can be as relaxing as a tub. When it comes to selecting an option that will give you a better return on your investment, it all depends on the market. With our fast-paced lifestyle, showers tend to be the preferred option, but a family with young kids may opt for a bathtub. The bathtub versus shower question is a personal one. Which would you choose?

Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 29

S O P H I S T I C AT E D WAT E R F R O N T L I V I N G FEATURING LUXURY AUTOMATION BY

3,090 square feet, with over 2,100 square feet of spacious terraces and balconies to take in the vistas in front of you. Open spaces give you a sense of freedom and opulence rarely seen in high-rise homes â&#x20AC;&#x201D; cutting edge Bang & Olufsen Luxury Automation, combining technological excellence with elegance, render these exquisite homes truly world-class in every way. The first and only multi-family in Canada to incorporate a fully integrated luxury automation on this scale. Come and experience the display homes and a fully functional showcase of the cutting edge Beolink Gateway Luxury Automation System at our presentation centre, open daily from 12pm-5pm. 30â&#x20AC;&#x192;NEXTHOME.CA

NEW TOWERS AT 2 RIVER GREEN

2 ~ 4 Bedrooms

Townhome

1,420 SF ~ 2,360 SF

$1.3M ~ 2.4M

3 ~ 4 Bedrooms

Penthouse

1,820 SF ~ 3,090 SF

$1.9M ~ 4.8M

PRESENTATION CENTRE OPEN DAILY 12PM-5PM

www.rivergreen.com 604.233.2633

5111 Hollybridge Way Richmond V7C 0C1 In a continuing effort to meet the challenge of product improvement, the developer reserves the right to modify or change plans and specifications without notice. Pictures, drawings, digital renderings and landscape plans are for illustrative purposes only and are subject to change. Refer to disclosure statement for specific details. E&OE. This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.

Advice | MIND OVER MORTGAGE

Coming out on top How to win the bidding war

By Alisa Aragon

MORE ADVICE ONLINE ypnexthome.ca/news/advice

NEXT TO SPRING, AUTUMN is the busiest season for homebuying and selling. In the flurry of it all, a property’s asking price and its final selling price can be quite different, and in most cases the selling price will be well above and beyond the listed price. When a homebuyer goes into a multiple-offer situation, they have less control over the bottom line. As a buyer, you should prepare yourself by doing some homework up-front, and approach the offer with an understanding that you might not get the property in the end. During multiple-offer situations, the seller is not obligated to negotiate or accept any of the offers. The seller has the liberty to choose the best offer to negotiate, and they will accept the offer that best reflects their needs. While price is important, it will not be the only factor they consider. A seller will also look at conditions and closing dates. Here are some things to consider to help you feel more in control of the situation when going into a multipleoffer scenario:

» Get pre-qualiﬁed for a mortgage. One of the most important aspects of buying a home is knowing how much you can spend. You’ll need to know what you are comfortable paying on a monthly basis, but also what is the highest amount you can offer. While you might be qualified, the lender still has to approve the property you are buying. 32 NEXTHOME.CA

» Prepare and have all your documentation ready. Since time is of the essence, you don’t want the added stress of looking for the required documentation when you’re in the midst of negotiations and during the subject condition period.

If your agent is aware of any information about the seller’s situation and if you can be flexible in any way, take advantage of this opportunity that might help you get your offer accepted.

» Hire the right real estate agent. It’s critical that you have an agent who has your best interests in mind. As a buyer, it’s not your job to seal the deal. It’s your agent’s responsibility to know your price limit and respect it. Don’t let your agent try to upsell you on the price and encourage you to go over budget. It’s his or her job to research comparable properties in the area and advise you, but you’re the one who has to make the final call. After all, it’s your money. » Set your boundaries. Once you set your budget, stick to it. Determine how much you can go over asking, if you end up in multiple offers. Don’t get sucked in by emotion and peer pressure, because in the end it can end up costing you a lot more money. » Consider doing a home inspection ahead of time. The buyer could consider your offer more readily if it doesn’t include a “subject to inspection” clause. » Be flexible. Winning a multiple offer situation might be as easy as agreeing to the seller’s conditions, such as closing dates, buying the property “as is” or even tightening the subject removal dates. This is important if the seller has already bought another property and is anxious to move on. Agreeing to make the transaction as easy as possible could mean winning over a more generous offer. When buying a property “as is” and limiting the subject conditions (such as requesting that a missing door knob or floor tile be replaced) might work in your favour, too. If your agent is aware of any information about the seller’s situation and if you can be flexible in any way, take advantage of this opportunity that might help you get your offer accepted.

» Write it down. Perhaps you might want to write a quick letter to the seller explaining who you are and why you want to buy their home so much. Buying and selling a home is an emotional time for everyone, especially if the seller has lived in that home for a long time and raised their family there. Sometimes, it’s not about the highest offer but it can also be about an emotional connection. Even though your offer might be lower than the others, the seller might feel a strong connection to your story and decide that it’s not all about the money, but about someone who will really appreciate a great home! » Know when it is time to walk away. Multiple offer situations can be stressful and sometimes listing agents strategically set the price of the home

below market value to start a multiple offer situation. Make sure you stand firm. Buying your home is about a great investment and you have to be smart about it. In the end, it’s about being comfortable on what you are paying a month and happy with the decisions you make. After all it’s about finding a home that will be a great place to start building equity and creating memories.

Alisa Aragon provides her mortgage expertise through Bridgestone Financing Pros, powered by Dominion Lending Centres Mountain View Ltd. Alisa is an expert in developing short- and long-term strategies that are customized to each individual client, including finding the best mortgage with the most favourable terms and rates. Contact Alisa to get an expert option on your mortgage needs. Email alisa@financingpros.ca SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 33

176TH ST

184TH ST

176TH ST

184TH ST

168TH ST

152ND

South Surrey | White Rock

40TH AVE

SERPENTINE FEN NATURE RESERVE

CRESCENT BEACH / BLACKIE SPIT

C ES

R NT

99a

32ND AVE 2

26TH AVE

SUNNYSIDE ACRES URBAN FOREST PARK

CRESCENT PARK

24TH AVE

164TH ST

168TH ST

152ND ST

16TH AVE 160TH ST

148TH ST

140TH ST

128TH ST

MA R

16TH AVE

24TH AVE

16TH AVE

20TH AVE

SOUTH SURREY ATHLETIC PARK

INE

15 10TH AVE

8TH AVE

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

34â&#x20AC;&#x192;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

778.545.9333

WWW.HEADWATERS.CLUB

REGISTRATIONS NOW ACCEPTED

Creekside Residences from the high $200â&#x20AC;&#x2122;s

Marketing + Sales by

Built by

When you love what you have, you have what you need.

Advice | GVHBA REPORT

3 steps to get your home hunt off on the right foot By Bob De Wit

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHETHER YOU ARE PLANNING on buying your first home, thinking of helping a Millennial get a foot in the door, or are a new-comer to Vancouver, there is one golden rule to follow: prepare before you purchase. Vancouver can be a challenging market for buyers. Escalating prices, changes in regulations and strong demand for available inventory; how and where does a prospective buyer start? You can break down the buying process into three main steps.

» 1. GET READY TO BUY. Saving for a deposit to purchase a home is just one piece of the puzzle. Understanding all the associated costs involved in the entire buying process is where the experts can help. Getting pre-approved for a mortgage by a financial institution will answer a lot of questions about how much you can spend, and what you can actually afford. » 2. GATHER MARKETPLACE INTELLIGENCE. This stage is when it might seem easier just to speak with family and friends, or surf the Internet, but I think the more people you talk to, and the more information you gather, the more empowered you’ll be. Speak with families who live in the type of home (be in condo or lowrise) and the specific community you’re considering. Meet with a variety of realtors and financial institutions. If you’re considering 36 NEXTHOME.CA

condo living, educate yourself on what strata is and how it operates. Explore various communities outside of the neighbourhoods where you live and work. Explore neighbouring municipalities. This will help to empower you to make a smart purchase. » 3. WHAT TYPE OF HOME IS RIGHT FOR YOU? Once you’ve determined what you can afford, and have narrowed down where you want to buy, it will be time to hit the streets. But before you start knocking on doors, you’ll want to consider the various types of housing out there. Wood frame construction is typically are less expensive than concrete, and

potentially lower in maintenance fees, however it offers less sound barriers from neighbouring units. Do you mind elevators, or is immediate outdoor access important to you and your small children and pets? As you shop for your home, consider your daily routine and lifestyle. Make a list of must haves and wants. Considering the purchase of a home will be one of the biggest buys in your lifetime, coupled with the sheer complexity of the Vancouver market, although it may seem easy to surf the Internet, I always recommend speaking directly with the experts. Bob De Wit is CEO of the Greater Vancouver Home Builders’ Association. Visit gvhba.org

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.

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 37

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:

FEATURED ON OUR FRONT COVER!

Fleetwood Rise by Anthem is coming soon to Surrey

now open FLEETWOOD RISE Home type: Townhomes Developer: Anthem Properties On the map: Surrey On the web: fleetwoodrise.com Info: The presentation centre is now open. Check out these two-, three-, three-bedroom-and-den and four-bedroom townhomes in this dynamic, master-planned neighbourhood. Register online for more information.

previews and registrations

SEMIAH Home type: Condominium suites Developer: Marcon On the map: South Surrey, White Rock On the web: semiahbymarcon.ca Info: Coming soon, a collection of 88 residences overlooking the Bay in White Rock. Register now for updates and exclusive information on this boutique condo collection.

BERKELEY VILLAGE Home type: Townhomes Developer: Ikonik Homes On the map: South Surrey, White Rock On the web: berkeleyvillage.ca Info: Coming this fall, a modern townhome community designed for the modern family. This collection of 183 California-style homes boast rooftop patios. Want to learn more? Register today.

BOULEVARD AT TOWN CENTRE

HILLCREST AT SULLIVAN RIDGE

Home type: Townhomes Developer: Elyx Homes On the map: Langley Web: elyxhomes.com Info: Register now for this offering of large twoand three-bedroom townhomes boasting a quiet location, steps from Willoughby Town Centre and with easy access to Langley and beyond. Now under construction with showhomes scheduled to open this fall.

Home type: Single-family homes Developer: Marathon Homes On the map: Surrey On the web: hillcrestbymarathon.ca

38â&#x20AC;&#x192;NEXTHOME.CA

Info: This prestigious collection of park-side single-family homes offers open-concept designs up to 4,100 sq. ft., with Prairie-style architecture featuring hardi-plank, stone and wood detailing plus rich colours for a sophisticated touch. Register online.

EDGESTONE Home type: Townhomes Developer: Bold Properties On the map: Port Moody On the web: bold.ca/edgestone Info: How does a smart home inspired by nature sound? Bold Properties is developing just that, in its latest collection of townhomes coming soon to Port Moody. Register to stay informed.

KING GEORGE HUB Home type: Condominium suites Developer: PCI Developments Corp. On the map: Surrey On the web: kinggeorgehub.com Coming Soon, a landmark mixed-use development coming to downtown Surrey, at King George Station. One- and two-bedroom homes. Presentation centre coming soon.

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

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

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 39

COMING SOON OCTOBER 2017

604-541-0707

40 NEXTHOME.CA

COMING SOON 1 8 S I N G L E - FA M I LY H O M E S

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

CEDAR DR

Pitt Meadows | Maple Ridge

DOMINION AVE

224TH ST

DEWDNEY TRUNK RD

210TH ST

DEWDNEY TRUNK RD

232RD ST

203RD ST

228TH ST

HARRIS RD

FORD RD

124TH AVE

123RD AVE

227TH ST

M EADOW GARDENS GOLF COURSE

224TH ST

216TH ST

DEWDNEY TRUNK RD

240TH ST

PITT M EADOWS

207TH ST

S BONSON RD

HARRIS RD

AIRPORT

R IVE

R RD 116TH

248TH ST

HAMMOND RD

AVE

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

A KA KAN

WAY

110TH AVE 108TH AVE GOLDEN EARS BRIDGE

104TH AVE

102TH AVE

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

42 NEXTHOME.CA

JAC KS O

ghe

Lou

240TH ST

DR MACLU RE

Inspiration | DESIGNER ADVICE

for the love of L AY E R S ! story by Yanic Simard | photo courtesy of CB2 SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 43

1 | Layering fabrics isn’t just for furniture. Rugs can look amazing layered too. I love adding a cowhide rug to tie together unusual furniture arrangements or punctuate the centre of a space. A sheepskin-style rug also makes a stylish accent to areas such as the edge of the bed, under a footstool, or even draped over a chair or bar stool for a softer seat. TIP: Layer rugs like crazy to get a patchwork quilt look that adds huge drama – mix five to seven smaller rugs in one room (check out the CB2 photo on the opposite page for inspiration). Alternately, you can use carpet tiles to fake a large rug under your existing one, and fill in the edges of a room.

2 | Copper, gold and brass bring a classic yet trendy style and warm undertones without feeling like an overly strong colour. If you’re timid (or already invested in silver), start small by layering these metals in with accents such as frames, tableware and lamps. The mix of silver and gold hues creates a subtle Art Deco-inspired vibe, so there’s no reason not to sprinkle one in, while letting the other dominate. TIP: Bronze tealight votives reflect an extra-warm glow. Line up three, five or seven (odd numbers work best) on a silvery tray or cart for a contrast statement and sparkling mood-lighting. Bronze Rose Tealight Holder (pictured top); Talis Gold Hammered Platter (pictured bottom). Visit YSSelected.com

44 NEXTHOME.CA

“

A sumptuous blanket, folded neatly at the end of a bed or tossed casually on a sofa, adds some interchangeable luxury and can move between rooms for new looks.

”

3 | Pillows are one of my favourite ways to add style – they can move from living room to bedroom and beyond, and dress a room up, or down. Rather than picking dramatic new colours, grab some neutral but bold patterns that can layer behind your existing favourites for a more filled-in feel. TIP: For my YSS collection, I wanted a dash of liveable safari style, so I tamed a tiger print pillow in a warm tan and winterwhite. An animal print like this adds unexpected drama standing alone on your dining chairs, or slinking between the sofa cushions. Safari Tiger Print Crewel Embroidered Square Cushion. Visit YSSelected.com 4 | Lush textures are great for adding warmth to the eye and the hand. A sumptuous blanket, folded neatly at the end of a bed or tossed casually on a sofa, adds some interchangeable luxury and can move between rooms for new looks. TIP: Spread a blanket across the cushions of a sofa and tuck it in at the edges, for a noncommittal contrast-upholstery look. Pictured left: Chevron Jacquard Cotton Throw; Aspen Deluxe Faux Fur Throw. YSSelected.com

5 | Don’t forget the vertical surfaces! An extra layer of drapery helps avoid heat loss through windows, so consider mixing a sheer layer with a heavy blackout-lined layer – you can keep your existing curtains and add a double rod. TIP: A lightly patterned inner sheer (try a tone-on-tone white) under a solid heavy drape, draws the eye’s attention to the layered effect by adding drama to the background instead of the foreground.

Yanic Simard is principal designer of award-winning TIDG (tidg.ca), and regular guest expert on City’s Cityline.

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 45

Vancouver | Downtown Vancouver SEABUS

E HASTINGS ST

BURRARD INLET

DUNBAR ST MA RIN

KIN

E 12TH AVE

WA Y

E KING EDWARD AVE

QUEEN ELIZABETH PARK

E 33RD AVE

E 29TH AVE

W 41ST AVE E 41ST AVE

OAK ST

W 57TH AVE

SKYTRAIN

MAIN ST

W 49TH AVE

E 49TH AVE

BOUNDARY RD

E BROADWAY

GRANVILLE ST

W KING EDWARD AVE

PACIFIC SPIRIT PARK

ARBUTUS ST

6 1

E BROADWAY

W 12TH AVE

OAK ST

W 16TH AVE

E 1ST AVE

RENFREW ST

W BROADWAY

W 6TH AVE W BROADWAY

VICTORIA DR

AVE

KNIGHT ST

W 10TH AVE

VE HA

INAL

MAIN ST

LL MA OK RO STB

UBC

TERM

CORNWALL AVE

CAMBIE ST

W 4TH AVE

EY RD

BURRARD ST

JERICHO BEACH PARK

POINT GR

MCDONALD ST

R BLV

ALMA ST

CELLO

VENABLES ST

E DR

CHAN

COMMERCIAL DR

NW M ARIN

CANADA LINE 9

EXPO LINE MILLENIUM LINE

E RIN

W 70TH AVE

BUS

SE MARINE DR

B- LINE

NEW CONDOS: 1. VIRTUOSO 11b - 6033 Gray Ave 604-221-8878

2. CAMBIE62 Cambie Street & West 62nd Ave. 604-779-0091

THE SMITHE 1035 Seymour Street 604-689-7003

4. 1335 HOWE Downtown Vancouver Onni.com

5. 2ND & MAIN 2nd and Main Street www.secondandmain.ca

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

46 NEXTHOME.CA

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

NEW HOMES: 11. BRAVO ON BROADWAY 903 East Broadway mirabelbymarcon.com 604-366-9505

Smartly-Crafted Studio, 1, 2 + 3 Bedroom Homes

SECOND AVE

THIS IS NOT AN OFFERING FOR SALE. NO SUCH OFFER CAN BE MADE WITHOUT A DISCLOSURE STATEMENT E.&O.E.

MAIN STREET

BE PART OF VANCOUVERâ&#x20AC;&#x2122;S MOST VIBRANT CITY BLOCK. THIS SEPTEMBER.

secondandmain.ca

What’s Online

Trending now The latest real estate news from across Canada

How to live large in a small home

Strong activity, more inventory in Vancouver’s multi-family market

READ THE STORY ONLINE nexthome.ca/small-space-life

READ THE STORY ONLINE nexthome.ca/mid-year-review

CMHC warns of “problematic” conditions. What does that mean? READ THE STORY ONLINE nexthome.ca/cmhc-warns

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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.

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 49

Property Profile | BRAVO ON BROADWAY

Location

Vancouver Builder

Legendary Development

Bravo on Broadway Home Type

Townhomes Sales Centre

903 East Broadway (coming soon) Contact legendaryliving.ca/bravo

604.366.9505

Bravo on Broadway Vibrant urban lifestyle IF YOU’RE ON THE QUEST FOR A STYLISH, sophisticated

townhome conveniently located in Vancouver’s Mount Pleasant neighbourhood, here’s a news flash you’re going to want to take note of: Construction is nearly complete at Bravo on Broadway, a collection of only eight townhomes designed to let you live life to the fullest at a price that won’t keep you up at night. “These homes are impeccably finished to feel contemporary, elegant and built with an attention to quality that you can feel,” says Rav Brar, Legendary’s vice-president of marketing. Oh wow features include Blomberg appliances and large-format tile backsplash in Carrera marble pattern in the kitchen, gold-tone faucets, main floor powder rooms, nine-ft. ceilings and airy, openconcept floorplans sure to be a hit for entertaining. “Each of these luxury residences is designed with three bedrooms, an upper-level deck and an enclosed garage – details that are tough to find in today’s market. We’ve also chosen a New England shingle-style architecture to complement the existing neighbourhood — when complete, Bravo will feel as though it’s always been there.” And if you’re thinking this is going to cost a bundle, think again. “The average single-family home in Vancouver 50 NEXTHOME.CA

is now over $2.5 million,” Brar says. “At Bravo, you’ll be able to purchase a home ranging from 1,185 to 1,422 square feet with a starting price of $1.2 million. So many people have already expressed interest, we’re expecting these eight homes will be sold out in no time.”

Priceless convenience “This part of Vancouver is such an up-and-coming neighbourhood,” Brar says. “It still feels very quaint and quiet, yet you’re surrounded by amenities – something young families and professionals value. You’ve also got transit, including the B-Line to UBC just outside your front door, and it’s only a block or two to popular cycle routes like 10th Avenue – one of the city’s most popular east/ west connectors.” The Bravo on Broadway home store will open this fall at 903 East Broadway. But why wait? Register today to ensure you’re on the list for Bravo’s exclusive preview event before these homes are released to the public. Better hurry, though, because this is an extremely limited opportunity, and when they’re gone, they’re gone for good. For more information, visit legendaryliving.ca/bravo or call 604.366.9505.

RO SS RD

Sky H

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Sea To

North Shore | Squamish | Whistler D

DR ORO

UG H

1a MARINE DR

GA RI

A2 MARINE DR

BOULEVARD

I LD

BA Y WA

SQUAMISH

W AY

SEABUS

VE R GO

E NT

LYNN CANYON PARK

KEITH RD E

LEV LOW

E M AI N

NORTH SHORE

SQUAMISH

NEW CONDOS:

A1. GROSVENOR AMBLESIDE

B1. RAVENSWOOD

LOGGERS LN

QU E E NS WAY

grosvenorambleside.com 604-922-1380

A2. TALUSWOOD AT TIMBER COURT

RAVEN DR

2517 Mountain Hwy. 604-988-3617

FINCH DR

ROBIN DR

MAGEE ST

CH E

B UC

SQUAMISH

KLEY AVE

UD TEA PLA

E RK

DA VE DA VE

VAL LEY

SEARCH ONLINE nexthome.ca

52â&#x20AC;&#x192;NEXTHOME.CA

VE YA WA AV ST UT E N T AV ES CK CH LO M R HE DD OR ILF GU

R RY

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

rton

Dolla

CENTENNIAL WAY

BRENNAN PA R K

MT SEYMOUR PKY

EL RD

STANLEY PARK y

N LY

EY LL VA

KEITH RD W

MAMQUAM RD

Mountain Hwy

CHEAKAMUS WAY

LONSDALE AVE

DR NS

MATHERS AVE

SD AL EA VE

LIGHTHOUSE PARK

DEMPSAY RD

LO N

INE

DALE R D

PERTH DR

MAR

CH IPPE N

CAPILANO RIVER REGIONAL PARK

TH B

ESS

STE VE

R CYP

L BOW

TANTALUS RD

CYPRESS FALLS PARK

SOU

NELSON CANYON PARK

15TH ST

LYNN HEADWATERS REGIONAL PARK

21ST ST

RUN

NORTH SHORE CYPRESS

25TH ST

EAG LE

CYPRESS BOWL RD

DEPOT RD

Hwy

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 53

Trending

How to dodge “rogue movers” who hold your stuff hostage MOVING SEASON IS IN FULL SWING.

Families want to settle into new homes before the school year starts. Military personnel across the country are receiving new assignments. College and university students are moving into residences and apartments. Wherever you’re headed, beware of the “rogue movers” scam, which is a real threat! Typically, rogue movers will find victims through ads on popular classified postings websites, quote a low price, claiming “no surprise fees” or that “everything is included.” The fraudsters will deal with you by phone, insisting that a verbal contract is enough and that the paper copy can be signed on the day of the move. However, when they arrive at your doorstep, they present you with a very different contract, containing unexpected clauses and extra charges, such as warehousing and pickup fees. They pressure you to sign the contract or be left in the lurch. In some instances, the fraudsters will hold your possessions hostage until you pay what they want for their delivery. You’re left scrambling to find the money, hoping that you will get everything back in one piece. Moving is stressful enough without these unpleasant surprises. Follow these tips to make sure that your move goes off without a hitch. Seek certification: Some provinces require professional movers to have specific permits or registrations. This is a good starting point to find a legitimate company. Consult your provincial consumer protection agency for more information. Do your homework: Take the time necessary to research the company and consult multiple reviews. Contact your provincial consumer protection agency 54 NEXTHOME.CA

or the Better Business Bureau to see if they have received complaints about the company. Get an estimate: Legitimate companies will send representatives to assess your needs, ensuring your quote is detailed and complete. This is an opportunity to inquire about any surcharges, insurances or additional fees and to ask questions. Get it in writing: Do not trust companies providing quotes or contracts over the phone. Get both in writing before the move and take the time to read the information carefully. Ask

questions if clauses are unclear and keep records of responses. Trust your instincts: If it looks too good to be true, it probably is. If you’ve been the victim of a rogue mover or other fraud, or if you have information about this type of scam, report it to the Canada Anti-Fraud Centre, the Competition Bureau or your local police. You can also file a complaint with the Better Business Bureau or your provincial consumer protection agency to help others who might consider hiring the same company.

Trending

Using debt to your advantage GOING INTO DEBT can be good for your

retirement. Yes, you read that right. For most Canadians, the goal is usually paying down debt – be it a mortgage, car loan or credit cards – not taking on more of it. But, as more of us grow increasingly concerned about saving money for retirement, they can take note of a key message of a new book from noted wealth planner and mortgage broker Calum Ross: Debt can be a key tool to help you achieve your financial goals. Indeed, in the Real Estate Retirement Plan: An Investment and Lifestyle Solution for Canadians, by Ross with Simon Giannini, the lesson is clear – real estate, and the debt you take on to obtain it, can be central to a successful retirement plan.

Written in a clear, understandable and non-intimidating style, the Real Estate Retirement Plan makes a case for borrowing to purchase incomeproducing investment properties, and borrowing to invest in appreciating assets. Leveraging equity in a principal residence and using it wisely to purchase rental property is the solution to a safe, secure retirement for millions of Canadians. With examples and a detailed discussion of the principles and mechanics, the book helps demystify and make a strong case for borrowing to invest. “There is such a good thing as good debt,” says Ross. The Real Estate Retirement Plan is available on amazon.ca

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 55

LVD

TR EE

WA Y

RIDGE PARK

VICTORIA DR

DR COQUITLAM CENTRE

Barnet Hwy

LINCOLN AVE

DEWDNEY TRUNK RD

A1 TH

PRAIRIE AVE DR

SS YS T N

BRU

DAW ES

Loug

Lo u

heed

HILL

SH AU G

HN E MUNDY ST

AVE ET TE

Loug heed Hw

AUSTIN AVE

MUNDY PARK

MARINER WAY

COMO LAKE PARK

LINTON ST

GATENSBURY ST

BLUE MOUNTAIN ST

AR KE

COMO LAKE AVE

SMITH AVE

KIN

WA YA VE

DOMINION AVE

DEWDNEY TRUNK RD

Lo u

COLONY FARM REGIONAL PARK

Hw y ry

lB Hil

DEWDNEY TRUNK RD

MEADOW GARDENS GOLF COURSE

s pas

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

56â&#x20AC;&#x192;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

210TH ST

ypnexthome.ca

203RD ST

ST JOHNS ST

TOWN CENTRE PARK

HARRIS RD

BLV

PIONEER MEMORIAL INLET PARK PARK

LAN

SEARCH ONLINE A

I OR CT

CEDAR DR

TA IN

AVE

COAST MERIDIAN RD

et rn

DAV ID

OTTAWA ST

SHORELINE PARK

JOHNSON ST

RIT AG E

ROCKY POINT PARK

PIN E

DAVID AVE HE

IOC OR

COAST MERIDIAN RD

LV D

PA RK WA YB

UB TEA PLA

Coquitlam | Port Coquitlam | Port Moody | Pitt Meadows

R RD

RIVE

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 57

Trending

THE TOP 5 MOST EXPENSIVE

HOMES FOR SALE Canada’s luxury real estate has a lot to offer – from ocean-front beauties to modern mansions in flashy neighbourhoods. Point2homes compiled a list of the top most expensive homes for sale in Canada, and they’re impressive! 1. Belmont Estate, Vancouver PRICE: $63 million Beds: 5 / Baths: 12 / Size: 21,977 sq. ft. Highlights: Ocean view and three-level garden with flowers and trees (PHOTO CREDIT: MARKETWIRED)

2. 1238, 1242 & 1248 Tecumseh Ave., Vancouver PRICE: $46.8 million Beds: 12 / Baths 10 full and 3 half / Size: 49,000 sq. ft. lot Highlights: A three-property package deal including the main estate, the villa and the garden house (PHOTO CREDIT: MANYEE LUI & ASSOCIATES)

3. 4351 Erwin Dr., West Vancouver PRICE: $42 million Beds: 7 / Baths: 9 / Size: 10,000 sq. ft. Highlights: Ocean view, swimming pool and private beach access (PHOTO CREDIT: MALCOLM HASMAN)

4. 68 The Bridle Path, Toronto PRICE: $35 million Beds: 10 / Baths: 4 / Size: 4-acre ravine lot Highlights: Two-storey ballroom and 50-ft. granite and tile pool (PHOTO CREDIT: 68BRIDLEPATH.COM)

5. 242004 Range Road 32, Calgary PRICE: $30 million Beds: 6 / Baths: 5 / Size: 160-acre property Highlights: An equestrian estate with stable care, boarding and training facilities, and a Grand Prix-sized indoor arena (PHOTO CREDIT: SOTHEBY’S REALTY)

58 NEXTHOME.CA

Advice | NEWS & VIEWS

Tackling housing unaffordability By Lydia McNutt

MORE ADVICE ONLINE nexthome.ca/news/advice

THAT’S A BIG WORD which has become

synonymous with some of Canada’s housing markets. Despite interventions at the local and federal level to cool hot markets like Toronto and Vancouver, prices are still out of reach for many hopeful homebuyers desperate to get their foot in the door, so to speak. Among the “High priced” headlines, there’s no shortage of advice out there on how to save up for a home. Hopeful homebuyers find themselves the target of a steady stream of advice bombs about how to save more and spend less, complete with suggestions of different housing types at lower price points, and “coming soon” communities in the nether regions that might be within your price range. These are all potentially good and feasible options for maximizing your available funds. But ultimately, if you can’t comfortably afford to buy that home, the choice should be clear. To those finding it tough to buy in this hot housing market, “Don’t do it,” says Brian Brown, vice-president of Lifetime Developments. He admits it’s surprising advice, particularly coming from a real estate developer. “It’s the advice I give my kids when they want to buy a toy they can’t afford.” Now, let’s be careful not to take Brown’s unhesitating words out of context. Real estate has historically been a good investment and, barring any major catastrophe, will probably continue to be one in the long-term – that is, if you can manage to get your foot in the door.

“

Despite interventions at the local and federal level to cool hot markets, prices are still out of reach for many hopeful homebuyers desperate to get their foot in the door

The term “priced out” has become commonplace in housing markets like Vancouver and Toronto. Each of these cities has experienced incredulous rates of price growth, and both display signs of “price sprawl” into suburban areas and even further, into neighbouring cities. To that effect, CMHC released a report earlier this year, exploring how house prices in Toronto and Vancouver impact surrounding regions. There’s a definite ripple effect. Guess it’s not so bad, being little brother to the big city – unless you’re a prospective homebuyer who now has to pay “urban” prices for a suburban property.

”

So, what to do about housing unaffordability? There’s nothing you can do about the market and its supply and demand issues. All we can do it sit back and wait to see if the new foreign buyer taxes and the recent mortgage rate increase (with more expected!) have an effect on prices and activity. In the meantime, “Be disciplined. Be prudent. Be responsible,” he says. “The biggest threat to our strong real estate market, and local economy, is a generation of buyers who, in pursuit of the housing dream, throw caution to the wind, assume a crippling mortgage, and take on more debt than they can handle.” SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 59

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.

60 NEXTHOME.CA

Trending

Making sense of rising interest rates by Wayne Karl

THE BANK OF CANADA’S RECENT DECISION TO RAISE the target for its

overnight rate to 0.75 per cent from 0.50 – the first hike in seven years – may be cause for concern for some Canadians. But should it be? Are more increases in the offing? What does it all mean? How will it affect you? Two of the most telling comments in the statement by the Bank of Canada were, “The current outlook warrants

today’s withdrawal of some of the monetary policy stimulus in the economy,” and, “Future adjustments to the target for the overnight rate will be guided by incoming data as they inform the Bank’s inflation outlook, keeping in mind continued uncertainty and financial system vulnerabilities.” TRANSLATION?

“The first statement tells us that they are very much looking to further rate increases when they state they plan to ‘withdraw …continued on page 63

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 61

Burnaby | New Westminster NEW WESTMINSTER NEW CONDOS:

BARNET MARINE PARK

E NIV

Elliot Street 604-662-8009

WA Y

BURNABY MOUNTAIN GOLF COURSE

Y WA DI

GL GA

BROADWAY

B2. ELLIOT

SQUINT LAKE PARK

ITY

GA GL

NE D

YST O

Presentation Centre 188 Wood Street 604-438-5050

GRE

B1. RIVER QUEENSBOROUGH

NORTH RD

BRENTWOOD MALL

CLIFF AVE

UNIVERSITY DR

SFU

SPERLING AVE

HOLDOM AVE

WILLINGDON AVE

HASTINGS ST

Barnet Hwy

INL ET

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

Presentation Centre #104 - 552 Clarke Rd 604-939-8868

Presentation Centre 150A - 3355 North Rd 604-379-2191

A7. CROWN

62 NEXTHOME.CA

nexthome.ca

A6. CAMERON

AY TW

SEARCH ONLINE

A5. CONCORD BRENTWOOD

Presentation Centre #150 - 3555 North Road

A4. BROOKMERE

E AV

Lougheed Hwy & Gilmore Ave. gilmoreplace.com

Lougheed & Beta 604-435-1383

E AV

S YD BO

NEW CONDOS:

A3. GILMORE PLACE

R WA

L YA RO

AY NW

DUNCAN ST

WAY

BURNABY

7350 Kingsway 604-533-3033

MARIN E

STE

QUEEN’S PARK

E AV

M AR

E AV

ITH

IFF SOUTHRIDGE DR

A2. KINGS CROSSING

SFU Burnaby Mountain 604-299-8861

E AV 6T

MARINE WA Y

A1. FRASER

MARINE DR

BRAID ST

E AV

H 0T

IMPERIAL ST

SE MARINE DR

E AV

IMPERIAL ST

RIA

WA Y

AY W

KIN

E AV

METROTOWN

A9 A12

H 6T

A1 CENTRAL PARK

D ST

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

…continued from page 61

monetary stimulus,’ but the second statement tells us that they are still not very confident in their ability to do so,” Calum Ross, wealth planner, The Mortgage Management Group, told New Home & Condo Guide. “The fact remains that while the output gap (an economic measure of the difference between the actual output of an economy and its potential output) may be closing – all three key measures that the Bank of Canada uses for inflation control are low.” The BoC is trying to strike a balance between easing Canadians off a growing dependence on low interest rates and not shocking the economy too much. While there may be future rate increases, they will likely be slow and gradual. “Low rates will be here for a long time to come,” says Ross. “Neither our government nor Canadian consumers can afford too much of an increase too fast – they are both in far too much debt.” Canada recorded a government debt equivalent to 92.30 per cent of the country’s Gross Domestic Product in 2016, compared to an average of 77.76 per cent from 1980 to 2016, he points out. “The government needs low rates almost as much as consumers. Even more so when you consider the deficits being run.” ECONOMIC STRENGTH

And believe it or not, rising interest rates – at least in this example – are a positive sign that the economy is doing well, Ross says. “Our economy is creating jobs, and if GDP growth for 2017 does indeed reach 2.8 (as per the Bank’s forecast), that’s great news.”

HOW OTHERS SEE THE HIKE If the Bank of Canada indicates another raise in its key interest rate again before the end of the year, we anticipate more buyers will enter the market to take advantage of existing rates. In this case, the raise will negatively impact housing affordability moving forward, particularly in markets already struggling with affordability, such as Vancouver and Toronto. However, if the Bank of Canada doesn’t raise its key interest rate again before year-end, we don’t anticipate this hike to have a significant long-term impact on the real estate market. – Elton Ash, Regional Executive VicePresident, ReMax of Western Canada

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 63

BRITISH COLUMBIA’S NEW HOME & CONDO DEVELOPMENTS PROJECT

TYPE

CONTACT

PRICE

PROJECT

TYPE

CONTACT

PRICE

DELTA & TSAWWASSEN

ABBOTSFORD Allwood Place

604-260-6797

Call

Brio

604-943-8811

Call

Bristol Heights

604-871-4241

Coming Soon

Chelsea Gate

chelseagate.com

Coming Soon

Eagles Gate

604-309-7729

From $373,500

Delta Gardens

deltagardens.ca

Coming Soon

Falcon Ridge

604-309-0540

From $789,000

Harbour Walk

604-274-7326

From $524,900

Foxwood

604-850-5040

Gramercy

gramercy.ca/aldergrove Coming Soon

Mahogany at Mill Lake

778-255-9990

Call

Mill District

604-621-5888

Coming Soon

Straiton Estates

604-850-5040

Call

Arcola

604-671-8805

Coming Soon

Churchill

604-363-2627

Coming Soon

The City of Lougheed

604-328-7128

Call

Bertrand Creek

Concord Brentwood

604-435-1383

From $299,900

Crest

Eternity

604-330-8838

Coming Soon

Gabriola Park

Etoile

604-828-1373

Call

Fraser

LR/TH

604-299-8861

Coming Soon

BURNABY

Muse

liveatmuse.com

From $199,900

Pelican Cove

TH/DU

604-943-6677

From $589,900

South Pointe

604-584-2908

From $699,900

Tsawwassen Heights

604-271-7288

Call

Tsawwassen Shores

604-943-6677

From $589,900

Tsawwassen Springs

SF/LR

604-948-HOME

Call

604-262-2965

From $898,980

604-318-5167

Call

604-371- 1892

Call

Hutton

huttontownhomes.com Call

LANGLEY

The Terraces

778-987-2489

Kings Crossing

cressey.com/kingscrossingbycressey Coming Soon

Union Park

604-871-4288

Call

Polaris at Metrotown

polarismetrotown.com Coming Soon

Willoughby West

604-371-0733

Call

Simon 2

SimonbyOtivo.com

Coming Soon

MAPLE RIDGE

Solo District

solodistrict.com

Coming Soon

Brickwater at the Village

604-477-1500

Call

Station Square

604-438-1113

Call

Cottonwood Lane

greenwoodproperties.ca Coming Soon

Montgomery Acres

604-477-2959

From $824,980

Ridgemont

604-476-1777

Coming Soon

Willow

lifeatwillow.com

Call

Wynnbrook

604-380-4708

Call

58 On Cherry Hill

604-768-9572

Coming Soon

Horizons

1-888-826-1177

From $319,800

Capitol

604-533-9390

Call

Elliot

604-662-8009

Call

Ewen

604-549-8181

Coming Soon

Hamilton Village

604-526-5266

Coming Soon

Parkside at Victoria Hill

604-523-0733

Call

Sun Towers

SunTowersMetrotown.com Call

Syncro

bold.ca

Call

Terraces at the Peak

terracesatsfu.com

Coming Soon

Triomphe

604-828-1373

Call

Vittorio

604-430-8831

Call

MISSION / HARRISON

CHILLIWACK Camden at The Falls Midtown River’s Edge

www.livethefalls.com From $529,900

midtownchilliwack.com Coming Soon

604.824.5062

NEW WESTMINSTER

Call

COQUITLAM 567 Clarke + Como

604-937-5670

Call

Amberleigh

604-514-4359

Coming Soon

Brookmere

Coming Soon

604-259-5991

Call

Foster Ave Rowhomes

intracorp.ca

Coming Soon

Kingston

604-514-4359

Coming Soon

Queens Park Estates

604-279-3829

Coming Soon

Mont Bleu

montbleu.ca

Coming soon

River Queensborough

604-438-5050

Call

Simon

604-420-4896

Call

The Peninsula

604-544-2258

Call

Stanton House

604-280-8446

From $589,900

The Royal at Victoria Hill

604-523-0733

Call

The Ridge at Burke Mountain

778-285-6299

Call

Thompson Landing

604-520-3226

From $476,900

Penthouse (PH)

Live Work (LW)

City Home (CH)

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 64 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

604-303-8878

Call

Pier, The

604-274-7326

Cascade at the Pier

604-984-0906

Coming Soon

Pinnacle Living at Capstan

Call

HR/MR/TH

604-303-0148

CentreView

604-998-8540

Call

Pinnacle Living Sorrento

Call

MR/HR

604-303-0148

Compass

604-980-5000

Call

Quintet

604-303-8878

Crown & Mountain

604-985-8258

Call

Coming Soon

Riga

604-715-1250

Edgemont Townhome

Call

boffoproperties.com Coming Soon

Riva

604-278-8825

Green on Queensbury

LR/TH

Call

qualex.ca/green

River Green

604-233-2633

Grosvenor Ambleside

Call

604-922-1380

Call

River Park Place

604-356-7719

Call

NORTH VANCOUVER Atrium at the Pier

Latitudes

604-435-9477

From $469,900

River Inlet

MR/TH

604-233-2633

Call

LR/TH

604-800-2120

Call

Trafalgar Square

604-276-8865

Call

Pinnacle Residences at the Pier

604-983-9065

Call

Viewstar

604-285-9983

Call

Residences at Lynn Valley

604-924-0166

Call

Vogue

604-715-1250

Call

Tatlow

Coming Soon

Wembley

604-231-0480

Call

604-988-3617

Call

Westminster Terrace

604-204-1077

Call

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

604-315-7882

From $299,900

Nature’s Walk

604-262-1850

Call for info

PORT COQUITLAM

Elaho

604-898-2232

Ocean Crest

604-896-2235

From $1,298,000

ParkHouse

604-567-5433

From $167,900

Ravenswood

604-670-7862

From $800,000

Seven Peaks

604-262-9354

Call

604-892-5888

From $559,900

TH/LR

1-877-344-5566

From $239,000

1-888-852-7575

Call

Lumiere

604-790-4002

Call

Summits View

Montrose Square

778-255-2599

Coming Soon

Aqua

Victoria

604-945-0087

Coming Soon

University Heights SUNSHINE COAST

PORT MOODY Edgestone

bold.ca/edgestone

Coming Soon

SECHELT

The Grande

604-552-0552

Call for info

Edgewater at Porpoise Bay

604- 885-8556

Call

Platform

aragon.ca/platform

Coming Soon

SilverStone Heights

604-741-1877

From $479,900

Station, The

604-492-3338

Call

SURREY Aloha Estates

blackonyxmarketing.ca Coming Soon

Alfa

604-276-2532

Call

Clayton Walk

claytonwalk.com

Coming Soon

Calla at the Gardens

604-271-3331

From $300,000s

The Guildford

778-394-8867

Coming Soon

Cascade by the City

cascadecity.landaglobal.com Coming Soon

Harvest at Bose Farms

604-576-7722

Call

Concord Gardens

604-233-7748

From $300,000’s

Hawthorne

mosaichomes.com

Coming soon

Dahlia at The Gardens

604-271-3331

Coming Soon

Highcrest

604-584-7273

From $345,900

Empire Living

604-244-9622

Call

Hillcrest

778-565-7768

Coming Soon

Grand, The

604 278 3880

Call

King George Hub

kinggeorgehub.com

Coming Soon

Jasmine at The Gardens

604-271-3331

Coming Soon

The Links Residences

infinityproperties.ca

Coming Soon

Kenstone Gate

604-218-3338

From $529,900

Park Avenue West

604-583-9866

From $250’s

Kingston Gate

604-760-6024

Call

Park Place Fleetwood

604-539-3939

Call

Livia

604-364-2159

Call

Park Place Village

604-617-7763

From $359,000

LR/TH

604-278-0808

Call

Prime on Plaza

604-498-3888

Call

604-233-7748

From $300,000’s

Summit

778-591-6685

From mid $600’s

Thomas at Fleetwood 2015-01-16 11:37 AM University District

liveatthomas.com

Coming Soon

604-588-5795

From $233,900

604-833-9193

Call

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)

From Low $200’s

City Home (CH)

High Rise (HR)

Westpointe Mid Rise (MR)

Low Rise (LR)

Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)

SEPTEMBER 1 - 15, 2017 | NEW HOME & CONDO GUIDE 65

PROJECT

TYPE

CONTACT

PRICE

PROJECT

TYPE

CONTACT

PRICE

VANCOUVER & AREA

McCleery and Magee

604-255-3838

Call

DOWNTOWN

Monarch

604-568-6883

From $444,900

8X On The Park

604-801-6861

Call

One, The

604-874-8368

Call

1335 Howe

604-689-8535

Call

Parc 26

MR/TH

604 336 6380

Call

Avenue One

avenueone.ca

Coming Soon

Parc Elise

MR/TH

604-336-6380

Call

Burrard Place

burrardplace.ca

Coming Soon

Cambie62

604-779-0091

Coming Soon

604-563-8336

Call

The Charleson

604-689-8535

Call

Eventide

604-783-1044

Call

Mirabel

mirabelbymarcon.com

Call Coming Soon

35 Park West Pinnacle Living at False Creek

604-874-8368

Call

Pinnacle Living Broadway

604-739-2080

Call

Primrose

PrimroseVancouver.com Coming Soon

Oak Flats

bold.ca

Prodigy

604-221-8878

From high $300s

The Pacific

grosvenorpacific.com Coming Soon

Q16

604-263-8090

Call

Vancouver House

604-893-8958

Sota

604-671-1025

From 2.5 million

The Leveson

604-88-3012

Call From $269,900

Call

EAST SIDE 2nd & Main

secondandmain.ca

Coming Soon

The Spot

604-568-6886

Avalon Mews

604-438-5050

Call

The Ivy

604-566-5888

Call

Bravo on Broadway

604-366-9505

Call

The Grey

thegreyliving.com

Call

Currents at Water’s Edge

604-451-8518

Call

The Regent

604-273-1313

Call

Elenore On Fifth

elenoreonfifth.com

Coming Soon

Tisdale

778-846-5990

Call

Focal

604-563-6777

Coming Soon

W10th & Maple

MR/TH

604-739-2080

Call

Francis

604-330-8848

Call Coming Soon

WEST VANCOUVER

Gem, The

liveatthegem.com

Grandview Cascades

grandviewcascades.com Coming Soon

Galleries on the Bay

604-836-7355

From $490,000

Kensington Gardens

604-620-7886

Call

Kerrisdale by Cressey

cressey.com

Coming Soon

Paragon

604-688-5566

Coming Soon

Shannon Wall Centre

604-267-8882

Call

Renfrew & 2nd

604-830-3938

From $259,900

HR/MR/CH

604-879-8830

Call

604-436-1100

Call

MR/PH

778-265-3464

From $324,900

River District - Avalon Park Skyway

VICTORIA Black & White

Triumph

604-563-6200

Call

WHITE ROCK / SOUTH SURREY

604-303-8838

From $219,900

Beachborough

beachborough.ca

Coming Soon

The Eagles

dawsonsawyer.ca

Coming Soon

Call

Edgewood Gate

778.294.9077

Call

EssenceLiving.com/Evolve Call

WEST SIDE 7302-7358 Granville

604-891-1288

LR/MR

604-828-3998

Call

Evolve at the Hamptons

41West

604-563-8336

Call

Headwaters Club

headwaters.club

6th & Yukon

cressey.ca

Coming Soon

Hycroft 2

605-541-2495

Call

99 West

604-620-8600

From $528,800

Imperial

liveatimperial.com

Coming Soon

W10th & Maple

MR/TH

604-239-2080

From $429,900

Foster & Martin

fostermartin.ca

Call

Aperture

LR/TH

604-345-9000

Call

Miramar Village

604-542-8882

Call

Arbutus Ridge

604-738-0001

Call

Orchard Grove

orchardgrovecollection.com Coming Soon

Aston

604-418-6809

Call

Pacific Heights

604-427-1803

Belpark

604-891-1281

Call

Boulevard

604-685-5778

From $367,400

Plateau at Grandview Heights

604-560-6438

Call

Cambie Star

604-876-9222

Call

Semiah

semiahbymarcon.ca

Coming Soon

Cambridge Mews

604-808-3058

Call

SoHo

604-560-0272

Call

Canvas

604-875-8508

Call

Southcrest

604-372-3683

Call

Citti

604-880-6880

Call

Southside

604-372-3683

Call

Eton

LR/HR

604-221-8598

Call

South Point Walk

604-560-3238

Call

Evelyn

604-922-0330

Call

South Ridge Club

604-582-1113

From $420’s

Granville at 70th

604-687-2298

Call

Switch

604-581-8080

Call

Kerrisdale Gardens

604-559-9848

From $540,900

Viridian

viridianhomes.ca

Coming Soon

Westpointe

604-833-9193

Call

1555 West Eighth

Livingstone House LR 604-998-8988 From $639,900 MLA_NCG_Footer_banner_FNL.pdf 1 2017-05-29 10:40 AM Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

Mid Rise (MR)

Low Rise (LR)

Coming Soon

Loft (LO) Duplex (DP) Townhouse (TH) Row Home (RH)

MLACANADA.COM

Real Estate Intelligent

ADVISORY CO MMUNICATIO N S PROJEC T MA RKETIN G SALES & L EAS E U P C USTOMER CA RE

66 NEXTHOME.CA

CANADA

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TIMELESS DESIGN · WORLD CLASS VIEWS · ELEGANT HOMES AT PACIFIC AND HORNBY IN DOWNTOWN VANCOUVER

COMING SOON REGISTER TODAY GROSVENORPACIFIC.COM Rendering is an artist’s interpretation only and may not be accurate. This is not an offering for sale. E&OE.