WEST VANCOUVER
SEPTEMBER 2016 One of a kind WATERFRONT Estate in Howe Sound
8446 CITRUS WYND, WEST VANCOUVER 5 bed 6 bath 6368 sq.ft.
$5,998,000
For more information about this property, please turn to Page 6
Sussex WEST VANCOUVER
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West Vancouver Real Estate Guide | September 2016 | www.REGBC.ca
PERSONAL REAL ESTATE CORPORATION
604 619 9131 www.brocksmeaton.com o
604 925 2911 brock@brocksmeaton.com o
2 3 9 7 M a r i n e D r i v e , W e s t Va n c o u v e r B C V 7 V 1 K 9 NEW LISTING
4799 Clovelly Walk $8,198,000
This incredible modern home designed by Chevalier with interiors by Original8 Design Inc. has been detailed to perfection by the current owners. Clean lines, architectural concrete, Kolbe windows and doors, stunning pool and spa and landscaping are just a few of the extensive list of features. Over 6250 sq. ft. fully finished on a huge, 25,693 sq. ft. lot. Extensive millwork throughout with stunning lighting inside and out. Gorgeous water views from most areas of this home. Great location just steps to schools, Lighthouse Park, shops and beach. Oversize, three car garage with one stunning display bay with glass walls to the entrance foyer.
NEW LISTING
NEW LISTING
5950 Falcon Road $7,288,000
2985 Altamont Crescent $6,185,000
5 Bed | 6 Bath 3285 Dickinson Crescent 6,257 sq.ft. $7,789,000
4 Bed | 6 Bath 808 Younette Drive 5001 sq.ft. $2,688,000
Wonderful Altamont family home. Walking distance to playgrounds, tennis court, West Bay Elementary School and close proximity to Mulgrave, Collingwood and Rockridge schools. Truly one of Linda Burger’s finest homes with great spacious floor plan, high ceilings, total privacy and partial water views. The main floor of the home features large principal rooms, a beautiful sun drenched pool and spa, 3 car garage and an oversized gourmet kitchen. Downstairs features a huge recreation room, media room, exercise room with steam shower, wine room plus a guest and/or Nanny suite. Upstairs there are 4 bedrooms, all with ensuite bathrooms.
NEW LISTING
3 Bed | 3 Bath 175 Stevens Drive 2,417 sq.ft. $5,498,000
5 Bed | 7 Bath 1912 Inglewood Avenue 6,200 sq.ft. $6,688,000
NEW LISTING
4773 Pilot House Road $5,698,000
6 Bed | 7 Bath 6,968 sq.ft.
4 Bed | 6 Bath 6,512 sq.ft.
4 Bed | 5 Bath 5,973 sq.ft.
NEW LISTING
Gorgeous semi-waterfront craftsman style home in this most sought after seaside community of Olde Caulfeild. Beautifully appointed and maintained to perfection. Stunning views of Tidley Cove and on to Lighthouse Park. Huge, entertainment size rooms with an open floor plan.
3 Bed | 4 Bath 3290 Mathers Avenue 3,856 sq.ft. $9,000,000
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Lot: 35,370 sq.ft. 3
JUST LISTED
JUST LISTED
2,049 SQ. FT. 364 TAYLOR WAY
3 BEDROOMS $998,000
2,700 SQ. FT. 4740 RUTLAND ROAD
3 BEDROOMS 6,050 SQ. FT. 40813 GOVERNMENT ROAD $3,198,000 SQUAMISH/BRACKENDALE
5 BEDROOMS $5,999,800
EXCLUSIVE
7,372 SQ. FT. 4348 ROCKRIDGE ROAD
5 BEDROOMS $7,498,000
6,498 SQ. FT. 3950 BAYRIDGE COURT
5 BEDROOMS 6,008 SQ. FT. $5,898,000 420 HILLCREST STREET
6 BEDROOMS $7,498,000
WATERFRONT
1.55 ACRES 5460 MARINE DRIVE
BUILDING LOT $16,998,000
WATERFRONT
6,938 SQ. FT. 3285 DICKINSON CRESCENT
6 BEDROOMS 4,944 SQ. FT. $7,789,000 6780 BATCHELOR BAY PLACE
4 BEDROOMS $4,998,000 WATERFRONT
JUST LISTED SEMI-WATERFRONT
Residence 1,229 SQ.FT. / Studio 1,426 SQ.FT 5809 MARINE DRIVE
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3 BEDROOMS 3,457 SQ. FT. $2,498,000 235 MAPLE LANE
5 BEDROOMS $4,788,000
LOT SIZE: 19,982 SQ.FT. 3890 MARINE DRIVE
West Vancouver Real Estate Guide | September 2016 | www.REGBC.ca
DEVELOPMENT OPPORTUNITY $10,898,000
JUST LISTED
6,157 SQ.FT. 375 HIDHURST PLACE
5 BEDROOMS $7,280,000
5,267 SQ.FT. 4035 MARINE DRIVE
5 BEDROOMS 5,126 SQ. FT. $6,498,000 2660 OTTAWA AVENUE
5 BEDROOMS $5,798,000
JUST LISTED
3,210 SQ. FT. 3250 THOMPSON CRESENT
4 BEDROOMS $4,798,000
81 ACRES ON HIGHWAY 99 WHISTLER
JUST LISTED
200 ACRES - PARKHURST ESTATES $3,998,000 WHISTLER
$7,900,000
WATERFRONT
3,163 SQ. FT. 24 BRUNSWICK BEACH ROAD
3 BEDROOMS $4,998,000
9,699 SQ. FT. 460 WESTHOLME ROAD
7 BEDROOMS 2,876 SQ. FT. $8,998,000 6048 GLENEAGLES DRIVE
3 BEDROOMS $4,798,000
5,002 SQ. FT. 4249A ROCKBANK PLACE
5 BEDROOMS 7,946 SQ. FT. $6,198,000 4642 DEER LANE
6 BEDROOMS $6,998,000
NEW PRICE
6,356 SQ. FT. 3190 THOMPSON PLACE
6 BEDROOMS $5,998,000
JUST LISTED
2,748 SQ. FT. 6044 GLENEAGLES DRIVE
4 BEDROOMS LOT SIZE: .62 Acres $4,588,000 5650 MARINE DRIVE
Development Opportunity $3,398,000
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JUST LISTED
LOT SIZE: .37 Acres 5660 MARINE DRIVE
Development Opportunity $2,498,000
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SCAN FOR MORE INFORMATION
NEW LISTING
SUPER NATURAL WATER VIEWS! 5495 WEST VISTA COURT Stunning views from all rooms of this contemporary architect design meticulously maintained 3000 s.f. home in Caulfeild. Set in an enclave VM S\_\Y` OVTLZ 6WLU WSHU 2P[JOLU ^P[O SHYNL PZSHUK NYHUP[L JV\U[LYZ LH[PUN HYLH HUK MHTPS` YVVT HUK KLJR VWLUPUN [V ]PL^ 4HPU Å VVY KPUPUN room and living room also opening to deck with water views. Bedrooms on \WWLY Å VVY 4L[HS YVVM +IS NHYHNL 6U X\PL[ J\ KL ZHJ *SVZL [V 9VJRYPKNL HUK *H\SÄ LSK :JOVVSZ OPRPUN [YHPSZ HUK ZOVWWPUN
Listed at $3.498 mil. HUGE VIEW BUILDING LOT IN DUNDARAVE 1425 28th STREET
BRIGHT SUN-FILLED PRIVATE BUILDING LOT 4909 WATER LANE
Huge almost 30,000 s.f. building lot with lovely views to Stanley Park, Kits and Point Grey. 4 bedrm home has lovely wood features, leaded windows and doors, and is very liveable, rentable, with very few upgrades required. Value mostly in land. near beach, restaurants, shopping and the best schools.
Z M TVZ[S` Å H[ SV[ PU 6SK Caulfeild, near Rockridge School, Caulfeild Shopping Centre, Lighthouse Park, St. Francis in the Woods and near the beach. Lot value.
Listed at $3.5 mil.
Listed at $2.68 mil.
One of a kind WATERFRONT Estate in Howe Sound
8446 CITRUS WYND, WEST VANCOUVER
$5,998,000
5 bed 6 bath 6368 sq.ft.
Sussex
Spectacular WATERFRONT custom built luxury residence nestled on a 16,000+sqft lot on a quiet cul-de-sac in Howe Sound. This magnificent home was constructed with the finest of materials and is only a short drive to downtown. Unobstructed ocean & island views can be enjoyed from all 3 levels of the home. Top of the line Geothermal system heats & cools the home & is fully air conditioned throughout. A sensational indoor pool compliments this entertainers dream home and a unique separate cottage on the property is perfect for guests or as a playhouse for children. All rooms are spacious including a beautiful Master bedroom with lovely en-suite plus a self-contained in-law suite with separate entrance. The amazing views can also be enjoyed from several sprawling decks and a staircase will lead you to the water’s edge. Don’t miss this incredible WATERFRONT dream home opportunity! Call today for your private showing.
For more photos & to view HD VIDEO visit:
WEST VANCOUVER
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West Vancouver Real Estate Guide | September 2016 | www.REGBC.ca
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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
WEST VANCOUVER
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Published monthly and distributed to 13,000 West Vancouver homes and condos 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. West Vancouver Real Estate Guide | September 2016 | www.REGBC.ca
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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 10
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
West Vancouver 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.
PERSONAL REAL ESTATE CORPORATION
Spectacular New SW Waterfront 5944 MARINE DRIVE, EAGLERIDGE/GLENEAGLES , WEST VANCOUVER, BC • $8,890,000
Completely private sanctuary overlooking open ocean & amazing sunsets, yachts, islands, Point Grey/UBC with natural shore break. Architecturally & thoughtfully designed 3 bedroom/3 level modern home by Marque Thompson w/flat entry triple heated garage, epitomizing the best of Westcoast style. Open concept & eclipse doors open to south patios & decks & MAGNIFICENT OCEAN VIEWS. Primarily concrete & steel & construction. Complete high efficiency home & state of the art heating system, custom quartz fieldstone w/stone & bamboo floors. Fabulous kitchen w/walk in pantry, granite counters, cabinetry Walk to West Van Yacht Club & all Gleneagles community amenities.
Spectacular Water and Mountain Views 1004-650 16TH STREET WEST VANCOUVER, BC • $499,000
Amazing Views at the Top of Lions Bay Village 385 TIMBERTOP DRIVE, LIONS BAY, WEST VANCOUVER, BC• $850,000
Spectacular Water and Mountain Views from this one bedroom pied de terre in the heart of Ambleside. Views to the harbour,ocean,across to Point Grey and up the North Shore Mountains towards Sentinel Hill and Grouse Mountain. Walking distance to all amenities including:medical centres,shopping,restaurants,cafes,West Vancouver Seawall,Kay Meek Centre,West Vancouver Blue Bus,Park Royal Shopping Mall.Original condition with enclosed balconies for all year round use. Large master bedroom can accommodate house size furniture.
Spectacular paradise of .777 of acre on a quiet cul de sac with the potential of amazing views at the top of Lions Bay Village A population of approx 1800 happy residents. Lions Bay is self sufficient with its own elementary school, fire-hall, beaches,marina, library, corner store & a West Vancouver Blue Bus 12 minute shuttle to Caulfeild Village shopping area. Only 1 hour to Whistler Village Resort. Build your dream home with gorgeous ocean views & services of water, hydro, telephone/cable at/near lot line in this beautiful seaside community.
Mid-Century Semi Waterfront South/West Ocean View 5967 MARINE DRIVE, EAGLERIDGE/GLENEAGLES, WEST VANCOUVER, BC • $2,250,000
Privacy flooded with Sunshine and Sweeping Views 5803 MARINE DRIVE, EAGLERIDGE, WEST VANCOUVER, BC • $2,999,000
SEMI-WATERFRONT Rebuild, renovate, or hold this piece of nostalgia or rebuild your dream overlooking the islands & SW ocean shoreline. The 9030 sq.ft rocky site is West Coast Mid Century Modern design of cedar and glass is perched on tall timbers to take advantage of the breathtaking, unobstructed SW OCEAN VIEWS. The property backs onto Seaview Trail that takes you down to Gleneagles Golf Course &Restaurant,Gleneagles Recreation Centre & Gleneagles Elementary School.
Relax in complete privacy & flooded with sunshine. Sweeping VIEWS overlooking Caulfeild Plateau, Thunderbird Marina, W.V.Yacht Club, Eagle Island & glimpses SW to the open ocean. Close to Gleneagles Elementary, Gleneagles Golf Course & Gleneagles Rec Centre. This over 1/2 acre extensively landscaped property,stone tiered patios with fireplace back on to spectacular uplit rock and natural forest to Seaview Trail. Main floor open plan kitchen,living dining is perfect for entertaining with walls of glass that open to the VIEWS & patios.
Re/Max Masters Realty - Penny Mitchell Group - Penny Mitchell PREC 604-816-7825 1453 Bellevue Ave. West Vancouver, BC V7T 1C3 All offices independently owned and operated. This communication is not intended to cause or induce a breach of an existing agency agreemnent.
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Selling Luxury Real Estate in Your Neighbourhood From Development Opportunities to Prestigious Waterfront Estates.
Thinking of SELLING? Call Brandon today for an up to date Market Evaluation of Your Home!
Sussex WEST VANCOUVER
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West Vancouver Real Estate Guide | September 2016 | www.REGBC.ca