LANGLEY REAL ESTATE GUIDE September 2016

Page 1

LANGLEY

SEPTEMBER 2016

Country Charmer on 0.75 acre 3804 240TH Brand New Home built by Monarch Developments - 5,241 sqft 2storey w/ daylight walkout bsmt on a 3/4 acre lot w/ legal suite. This custom home is beautifully finished inside & out. 5bdrm, 5bathrm. Main floor has den, large laundry rm, great room plan kitchen w/proff ss appliance incld. Wolf 6burner stove. H/w floors, custom rock fireplace, wood beams, detailed mouldings. Upstairs has 4 large bdrms, 3bath, incld. master w/ vault & stunning ensuite + large walkin closet. Bsmt features spacious & bright 1bdrm legal shiute & sep. media + storage for upstairs use. Massive backyard is private w/ room for pool, RV parking. 26x27 garage + detached 25x30 shop. Tankless h/w, security, b/i Vac. High quality Dutch builder. 2-5-10 warranty.

$1,749,000

LEO RONSE CAN’T PLAY GOLF! 604.790.0231 leoronse.com


Don Munro SUTTON GROUP WEST COAST REALTY 604-817-7338

donmunrorealestate.com L A N G L E Y

7306 264th Street

• Located in the beautiful Glen Valley area of Langley

8261 264th Avenue

138.14 Acres

• Road frontage on 264th Street but also entrance from the end of 267th Street

5 Acre View Property

$9,900,000

• Lots of usable acreage to build your dream home

$2,500,000

• Municipal Water, Electricity, Telephone and Natural Gas • All Roadways in the area are paved (FOR SALE OR FOR LEASE) • +/- 2,200 Sq.Ft., 3 Bedroom Main Residence 30’ x 40’ Detached Work Shop/Garage Includes a 2 Bedroom Suite Open to Offers • 3 Greenhouses one is +/- 33,594 Sq.Ft., another is +/-33,096 Sq.Ft. and the third one is +/- 64,152 Sq.Ft. • Drive-down loading dock and new water storage facilities • A second Older Residence (located at 5079 240th Street)

5079 248th Street

Bldg 3, 20381 62nd Avenue (FOR LEASE) Lease Rate $11.95 Base and $2.90 Additionals

• +/- 6,325 sq.ft., 4 Bedroom, 6 Bathroom custom built home with double car garage • 4 car garage with 1,200 sq.ft. custom built guest house • Panoramic Views of North Shore Mountains • Gated Driveway with home set well back on property • Many balconies and patio to enjoy the view • Zoned RU-3

3966 248th Street

• Good Central Location on the corner of 204th Street and 62nd Avenue • One Strata Unit contains a large office and mezzanine and remaining three strata units are warehouse/production units with grade load doors • Professionally Managed by Campbell Strata Management Ltd. • Air Conditioned Offices

8956 264th Street

0.8 Acres $1,249,900

CALL FOR PRICING

• +/- 2,080 Sq. Ft., 3 Bedroom, 2 Bathroom Home with Large Deck • +/- 1,118 Sq. Ft. (+/- 26’ x 43’) Heated, Insulated, 2 Bay Shop with Office • Perfect for your Home Based Business • +/- 583 Sq. Ft. (+/- 22’ x 26’6) Barn with Concrete Floor and +/- 8’ x 8’ Attached Shed/Workshop with Separate Exterior Entrance

• 4.18 Acres on truck route • 3 barge berth • New truck scale • Barge loading conveyer • +/-54’ x 150’ warehouse • M-5A Limited Industrial Zone

C H I L L I W A C K

7630 Nixon Road $3,000,000

• 60.1 Acres • Private end of road building location • Build your private estate here • Split Land Use Zoning - 31% RH (Rural Hillside) & 69% RSV1 (Limited Use Reserve) • Property is not located in the ALR

43775 Industrial Way • +/- 0.75 Acre Parcel at 7923 Logan Drive +/- 3,380 Sq. Ft. Upper Floor Office at 43775 Industrial Way & 7923 Logan Drive FOR LEASE Lease Rate $9.50 Sq. Ft

• +/-2,000 Sq. Ft. Welding Lean-To • Excellent Highway Exposure, Ample Parking • NNN for Office and Welding Lean-To and $1.50 Sq. Ft. NNN for Outdoor • Storage Area Base

44580 Yale Road FOR LEASE Lease Rate $12.00 sq.ft.

• +/- 7,300 sq.ft. shop • +/-5,740 sq.ft. office • +/- 70,000 sq.ft. of secure fenced compound • M2 – Service Industrial Zoning • NNN for building and $1.50 sq.ft. NNN for Fenced Compound

HARRISON MILLS

51140 Ruddock Road • Significant road frontage

North Popkum Road

27.097 Acres

32.45 Acres

CALL FOR PRICING

2

• Possible development opportunity • Proposed zoning Comprehensive Development (CD) • Only 15 minutes to schools, doctors and medical services

$1,200,000

• Currently Zoned Rural (R) • Official Community Plan shows northerly +/- 14 acres is designated Rural Residential (RR) which allows through plan amendment for smaller parcel sizes in strata-title subdivisions; the remaining +/-18 acres is designated Agricultural Small Holdings (AG-S) and lies in the ALR • Think Ag-Tourism, Ag-Industrial, Ag-Commercial • Bordered on the north by Cheam Lake • Close proximity to everywhere!!!

1201 & 1401 Kennedy Road & 6 other Properties $14,240,000

Langley Real Estate Guide | September 2016 | www.REGBC.ca

• +/-23 Acres Farmland adjacent to Kennedy Road and +/- 12 Acres RV Park/Campground • Campground consists of 90 existing RV Sites (Fractional Ownership) with a further potential for another +/- 60 sites (Campground has 3 washrooms, laundry, and 3 docks) plus over a mile in wWaterfront • +/- 5,400 sq ft executive home • +/- 200 acres (40 acres was planted in corn last year) • Gravel pit and +/- 2,000 loads of topsoil compost


LEO RONSE

CAN’T PLAY GOLF! 203 5830 176A STREET, CLOVERDALE

$214,900

1,017 square foot apartment in an ideal location. Great layout with LOADS of storage including in-suite attic. 2 bedroom - 1.5 baths - 2 parking stalls (1 covered) - Roof is 9 years old - Exterior paint & Balcony re-surfaced within the last 5 years. Low property taxes around...$600 with home owner grant! Additional Surrey Utilities: water, sewer & garbage covered through low strata fees of only $204. 2 four legged pets allowed (max height 18”) Self managed, well run complex w/healthy contingency of $43k. Central to everything and tons of street parking at your doorstep. MLS®#: R2102762

20430 50 AVENUE, LANGLEY

$848,800

Updated & modernized 2,600sqft 2storey home w/ BONUS 1bdrm Coach House! Located in a quiet culdesac w/ South facing backyard. Front door opens to a vaulted foyer + living room w/ new high end gas fireplace & formal dining room. Brand new open plan white shaker kitchen w/ ss appliances + quartz counters open to family room w/ French doors to large deck. Large den or bdrm on main floor + 2pc bath. Real oak h/w floors. Upstairs has two lofts, 3bdrms incld. large Master w/ 3pc ensuite. Self contained 1bdrm Coach House has sep. entry, launder, & d/w. Private backyard w/ large deck. Double garage + room for 4 cars in the driveway. MLS®#: R2105103

23799 59 AVENUE, LANGLEY,

$1,099,000

Tall Timbers! Looking for peace and quiet? This 4bdrm + den 2storey home offers a spectacular and private lot with a detached shop. Main floor features a new open plan shaker kitchen with large island, eating area, huge family room, den, updated laundry/mud rm & a 2pc bath. Upstairs has 3bdrms + flex rm, 2 baths including 3pc ensuite and walk in closet in the master bdrm. Additional games room w/ wet bar and loft bdrm. Double car garage on house + detached 24x30 shop. Backyard is all flat and useable with privacy hedging and no one behind you. City water, New septic 2005, newer h/w tank & furnace. MLS®#: R2104617

8 21928 48 AVENUE, LANGLEY

$519,900

MURRAYVILLE GLEN with Master on the Main! Great END UNIT plan with room for the larger family. 1,692 sq.ft home with 4 Bdrms - 3 Baths - Garage PLUS extra spot out front in a Superb Family Complex with upgraded Club House including hot tub, weight rm and more. Close to everything Murrayville has to offer: Blair Pool, Shops, School, etc. This is a very well run complex that is kids and pet friendly. Not very many 4 Bdrm units come available in this sought after area. This one won’t last! MLS®#: R2103213

20107 68A AVENUE, LANGLEY

$998,800

3,589sqft on nearly 4,500sqft lot. The bright main floor with 10ft ceilings offers a beautiful kitchen w/granite, ss appliances, and open plan great room. Oversized and abundant windows with $15K of gorgeous Hunter Douglas blinds, crown mouldings, upgraded hardwood, surround sound - attention to detail is evident everywhere. Large separate dining/flex room. Upstairs has huge Master suite + 3 more bdrms. Lower level features a large rec room, spare bedroom, bath & loads of storage. Professionally landscaped & low maintenance yard with level entry to the new entertainment sized deck & backyard from the main floor. MLS®#: R2103559

3804 240 STREET, LANGLEY

$1,749,000

Brand New Home built by Monarch Developments - 5,241sqft 2storey w/ daylight walkout bsmt on a 3/4acre lot w/ legal suite. This custom home is beautifully finished inside & out. 5bdrm, 5bathrm. Main floor has den, large laundry rm, great room plan kitchen w/ proff ss appliances inld. Wolf 6burner stove. H/w floors, custom rock fireplace, wood beams, detailed mouldings. Upstairs has 4 large bdrms, 3bath, incld. master w/ vault & stunning ensuite + large walkin closet. Bsmt features spacious & bright 1bdrm legal suite & sep. media + storage for upstairs use. Massive backyard is private w/ room for pool, RV parking. 26x27 garage + detached 25x30 shop. MLS®#: R2099661

19957 46 AVENUE, LANGLEY

$779,900

11,960 sq.ft. lot in Mason Heights with 1944 sq.ft. Rancher with Basement. Loads of room for a shop with rear yard access. House is solid but is in need of upgrades. Roof needs replacing. Strong Bones - Great Project House. MLS® #R2105777

20690 37B AVENUE, LANGLEY

$1,098,000

Professionally updated & modernized Brookswood home offering 2,000sqft of living space on a 10,000sqft lot with a shop! Fantastic curb appeal w/ new brick driveway, siding, windows, trim, landscaping and fence. Inside features new open plan kitchen w/ huge island and quartz counters, ss appliances, wide plank floors, custom built in entertainment unit, crown moulding, & fixtures. 3bdrms up plus 2 baths including full ensuite in master. Basement has media room w/ built ins + wet bar, another bdrm, full bath, mudrm & large laundry room. Single garage on house, RV parking, & brand new 20x30shop w/ 10ft ceilings. Newer septic & roof approx. 5yrs. MLS®#: R2103876 23963 36A AVENUE, LANGLEY

$1,998,000

Brand new executive home designed by SuCasa & Built by Square One. Quality of finishing + attention to detail is above & beyond what you find in this price range. Over 4,600 sqft 2storey w/ basement. 4bdrms + den, 4 bath. Main floor features vaulted entry, formal dining w/ barn door, wet bar, large den, mudrm, deluxe kitch w/ proff ss appliances, quartz counters, & solid wood cabinets. Wide plank oak floors, vaulted great rm that extends to large covered patio. High end lighting, fixtures & tile. Upstairs has 4bdrms all w/ an ensuite including stunning Master wing. Private 1/2acre lot w/ dbl garage on house + detached 24x37 shop w/ unfinished bonus room above. MLS®#: R2099120

DON’T HESITATE! CALL LEO TODAY 604.790.0231• LEORONSE.COM Display Advertising Inquiries 778-991-7054

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NEWS

Metro Vancouver Real Estate Guide Inc. • September 2016

Sales activity continues to slow down for the Fraser Valley in August Fraser Valley Real Estate Board September 2nd, 2016 SURREY, BC – While sales in August remained above the ten-year average for the month historically, the number of transactions processed in the Fraser Valley continued to decrease following this year’s bustling spring. The Fraser Valley Real Estate Board processed 1,694 sales of all property types on its Multiple Listing Service® (MLS®) in August, a decrease of 2.3 per cent compared to the 1,734 sales in August 2015, and a 13.7 per cent decrease compared to the 1,962 transactions processed in July 2016. “The numbers here aren’t alarming; they’re expected, and what we’re used to seeing around this time. Homebuyers should be encouraged that sales have slowed, giving inventory a chance to build back up and competition within the market to cool down,” said Board President Charles Wiebe.

for August was 6,102, down 17.6 per cent from last year’s 7,407 active listings but up 1.5 per cent from July. “With sales activity moderating to more normal levels, we’re beginning to see prices follow-suit, and even drop for certain housing types in some of our communities.

“Regardless, this is still a challenging and volatile market. Talk to your REALTOR® who can help you understand what’s happening right now and what you can realistically achieve as a seller or buyer.” Across Fraser Valley, the average number of days to sell a single family detached home in August 2016 was

20 days, compared to 32 days in August 2015. The MLS® HPI benchmark price of a Fraser Valley single family detached home in August was $888,600, an increase of 41.2 per cent compared to August 2015 when it was $629,400.

In August, the benchmark price of townhouses was $418,400, an increase of 36.4 per cent compared to $306,700 in August of 2015. The benchmark price of apartments also increased year-over-year by 29.7 per cent, going from $191,900 in August 2015 to $248,800 in August 2016.

The Board received 2,840 new listings in August, an increase of 15.6 per cent compared to August of last year, and a 12 per cent decrease from July 2016. The total active inventory

LANGLEY

ADVERTISING INQUIRIES: Phone: 778-991-7054 Website: www.REGBC.ca

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Published monthly and distributed to 24,000 Langley homes via Canada Post. Personal views expressed in this publication are solely those of the respective contributors and do not necessarily reflect those of the Publishers or its agents. Reproduction in whole or in part of this publication is prohibited without prior consent. Metro Vancouver Real Estate Guide Inc. believes that the information contained in this publication is correct. However, no representation or warranties of any nature are given, intended or implied, and you should rely on your own inquiries as to the accuracy of any information or material available from this Publication. Langley Real Estate Guide | September 2016 | www.REGBC.ca


The Langfield Group Richard Langfield

Nicole Langfield

Personal Real Estate Corporation

RESIDENTIAL LAND SPECIALISTS

LangfieldGroup.ca

SO

LD

604.626.5956

INF O@ L ANG FI E L DG ROUP. CA

$3,388,000

489 200th STREET

This 7.9 acre estate has it all! Perched at the back part of the property sits a 6630 sq ft home w/3 car garage. Rich wood detail throughout brings comfort & elegance. Hot tub, koi pond, & multiple entertaining spots. Legal nanny suite w/separate entry. The front portion of the property has fields, 5 stall horse barn, large workshop. The most unique offering on this property allows for helicopter use. 2nd oversized building can house a helicopter. The perfect location right next to High Point Estates & Campbell Valley Park! View video tour!

22290 4th AVE

$3,299,000

SO

LD

Premier Equestrian Parcel! Canterberry Trails is a horse lover’s dream. Offering 13.17 acres on a quiet, pastoral setting at the end of 4th Ave. Alongside the property is the Bridle Path to Campbell Valley Park! Main house 3000 sq ft, 4 bdrm, large deck off the kitchen overlooks the whole property. Enjoy sunsets & watch the horses graze in the fields. 2 bdrm cottage perfect for farm help or guests. Back part of property connects with 3rd Ave offering future potential to subdivide. View video tour!

900 232ND STREET

$3,075,000

Pristine 32 acre ecosystem in Campbell Valley perched at the top of 232nd! Offering a special blend of privacy, pastoral serenity & practical working facility that will delight as a country estate, equestrian facility or artisan farm gate business. 22 stall barn & covered arena can be converted into a huge shop for the car enthusiast. Well-constructed mid-century modern home 2900sqft, 3bdrm, 4bath. Approx 15 acres is cleared & usable. The backyard has a mature forest w/ walking or riding trail to Little Campbell River that runs along the back property line. Small greenhouse, & boutique store front area. Heritage fruit trees are dotted amongst fields surrounded by a riding track. This property is a highly desirable long term legacy property for family.

1860 240 STREET

$2,899,000

This 18.64 acre gem offers an abundance of farming ideas with privacy. Enter the gates as you pass original house perfect for farm help or renters. Next to that a working horse facility w/stables, 70x150 indoor arena. Keep driving you pass many fields & situated at the back of the property is a 5800 sq ft main residence. Generous main floor which is great for entertaining! French country formal living & dining room easily connects to a sprawling games room w/bar. Upstairs has 4 oversized bdrms. Solid 2x6 construction, with some updates this would be a country charm! Outside area has a pizza oven with endless yard. Property runs east to west & would be great for farming such as blueberries or a vineyard! Check out the video tour!

For more listings & details visit LangfieldGroup.ca 101-15735 Croydon Drive, South Surrey V3Z 2L5

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Display Advertising Inquiries 778-991-7054

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NEWS

Metro Vancouver Real Estate Guide Inc. • September 2016

Metro Vancouver home sales return to typical August levels Real Estate Board of Greater Vancouver September 2nd, 2016 VANCOUVER, BC – September 2, 2016 – For the second straight month, home buyer demand in Metro Vancouver* moved off of the record-breaking pace seen earlier this year and returned to more typical levels. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver totalled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales in August 2015; 10.2 per cent less than the 2,771 sales in August 2014; and one per cent less than the 2,514 sales in August 2013. August 2016 sales also represent a 22.8 per cent decline compared to last month’s sales. From a historical perspective, last month’s sales were 3.5 per cent below the 10-year sales average for the month. “The record-breaking sales we saw earlier this year were replaced by more historically normal activity throughout July and August,” Dan Morrison, REBGV president said. “Sales have been trending downward in Metro Vancouver for a few months. The new foreign buyer tax appears to have added to this trend by reducing foreign buyer activity and causing some uncertainty amongst local home buyers and sellers. “It’ll take some months before we can really understand the impact of the new tax. We’ll be interested to see the government’s next round of 6

foreign buyer data.” New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,293 in August 2016. This represents an increase of 0.3 per cent compared to the 4,281 units listed in August 2015 and an 18.1 per cent decrease compared to July 2016 when 5,241 properties were listed. The total number of properties currently listed for sale on the MLS® in Metro Vancouver is 8,506, a 21.9 per cent decline compared to August 2015 (10,897) and a 1.9 per cent increase from July 2016 (8,351). The sales-to-active listings ratio for August 2016 is 29.3 per cent. This is indicative of a seller’s market. Generally, analysts say that downward pressure on

home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $933,100. This represents a 31.4 per cent increase compared to August 2015 and a 4.9 per cent increase over the last three months. “In aggregate, we continue to see an imbalance between supply and demand in most communities. However, we’re also seeing fewer detached sales in the highest price points and fewer detached home sales relative to all residential

sales,” Morrison said. “This is causing average sale prices to show a decline in recent months, while benchmark home prices remain virtually unchanged from July.” The average price is the simplest home price measure to explain but is not the most accurate since it may be skewed by the mix of properties. More high-end or low-end sales will skew the number up or down. Based on the Consumer Price Index, MLS HPI® benchmark prices are a more reliable and stable indicator of typical home prices across regions over time. Sales of detached properties in August 2016 reached 715, a decrease of 44.6 per cent from the 1,290 detached sales recorded in August 2015. The benchmark price for detached properties

Langley Real Estate Guide | September 2016 | www.REGBC.ca

increased 35.8 per cent from August 2015 to $1,577,300. This represents a 4.2 per cent increase over the last three months. Sales of apartment properties reached 1,343 in August 2016, a decrease of 10.1 per cent compared to the 1,494 sales in August 2015.The benchmark price of an apartment property increased 26.9 per cent from August 2015 to $514,300. This represents a 6.1 per cent increase over the last three months. Attached property sales in August 2016 totalled 431, a decrease of 25.4 per cent compared to the 578 sales in August 2015. The benchmark price of an attached home increased 31.1 per cent from August 2015 to $677,600. This represents a 7.1 per cent increase over the last three months.


PROUDLY SERVING LANGLEY Display Advertising Inquiries 778-991-7054

LANGLEY

7


n i e c n e l l Exce e t a t s E Real

604. 5 36.0 2 56

info@westportproperties.com | www.westportproperties.com

$

1,500,000

$

3,400,000

$

Royal LePage Northstar

2,000,000

4910 215 STREET

MURRAYVILLE 1,504 SQFT • 3 BDRM • 2 BTH MLS R2076889

5297 264 STREET LANGLEY 1,500 SQFT • 4 BDRM • 2 BTH MLS R2091590

21545 OLD YALE ROAD

DEVELOPERS AND BUILDERS 0.676 Acre property with proven FUTURE DEVELOPMENT potential located at FIVE CORNERS in Murrayville. Property has a very liveable 1500 SF - 3 Bedroom, 2 Full Bath Rancher with SHOP. All services connected and ready to redevelop. This is a very special opportunity that will not last long. This is a very KEY PIECE that is required for future subdivision. Also have an additional One Acre property available at 21545 Old Yale Road see MLS# R2076888.

INCOME PRODUCING PROPERTY with HIGH VISIBILITY and LOCATION? This 10 acre Blueberry Farm offers 2 RESIDENCES, Storage Sheds and 40 X 80 BARN, plus a High Yield Berry Farm with a RETAIL PRODUCE STAND that generates a great income as well! This is truly an Investor’s Dream with a location directly at 264 STREET & #1 HIGHWAY! RU-3 zoning allows for a multitude of uses including some COMMERCIAL TRUCK PARKING and Veterinarian CLINICS. This is a must see property!

DEVELOPERS AND BUILDERS ONE ACRE of prime future DEVELOPMENT LAND in Historic FIVE CORNERS of Murrayville! Fabulous INVESTMENT property to live and hold or develop and build a new home now. Property has a very liveable Rancher 3-4 Bedrooms. One of two very SPECIAL OPPORTUNITIES that will not stay on the market for very long. Also have an additional 0.676 Acre parcel around the corner at 4910 215 Street for sale see MLS# R2076889.

$

1,850,000

$

898,800

$

1526 232 STREET

LANGLEY 4,162 SQFT • 4 BDRM • 3BTH MLS R2070822

19606 41A AVENUE

SOUTH LANGLEY - 2 ACRES! This is a once in 10 years opportunity to acquire such as fabulous VICTORIAN COUNTRY HOME, nestled on a very PRIVATE 2 acre property. Complete with a SHOP/OFFICE and parking separate from the main home. The home is complete with custom millwork, designer cabinets, antique mantle pieces and lighting fixtures, wood sash windows, oak and pine and IMPORTED TILE floors! FULLY FINISHED BASEMENT with separate entrance, offers extra income. A fully fenced and cross fenced property with 120’ x 60’ RIDING RING. Perfect for HOME BASED BUSINESS!

Nicely UPDATED 2500 sq. ft. family home on large, sunny corner lot in desirable Brookswood neighbourhood. Perfectly quiet location that is still walking distance to shops, restaurants and grocery store. Fantastic yard is great for kids to play and open kitchen has plenty of room for family dinners. Come see this incredible Brookswood home!

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MURRAYVILLE 1,600 SQFT • 4 BDRM • 2BTH MLS R2076888

LANGLEY

799,000

3896 244 STREET

LANGLEY

Meticulously renovated and is ready to live in comfort and style. Shows brand new with improvements and upgrades to flooring, bathroom & kitchen including a hardwood accent wall in Master Bedroom. New LED pot lighting, French closet doors & central gas fireplace. New paint inside and out, cedar shingle accent on peak of house, new fencing for a gated yard, exterior brick and more. Full 24 x 32 shop has gas heating, 220 amp outlet and roughed in plumbing top bottom- easily could suite the top. 2 extra storage sheds. This home is a car guy’s dream! Shows like a 10!

Langley Real Estate Guide | September 2016 | www.REGBC.ca


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