bc new condo guide - jul 24, 2015

REGISTER TODAYthecreekbyconcert.com

EXPERIENCE QUINTESSENTIAL VANCOUVER Discover Life at 1st & Quebec

July 24 - Aug 7, 2015 Volume 05 Issue 15

INSIDE THIS ISSUE

THINKING ABOUT AN INVESTMENT CONDO?

NEIGHBOURHOOD SPOTLIGHT ON KERRISDALE

TRANSIT VOTE: WHAT HAPPENS NOW?

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THINK WE’RE SELLING THE DREAM? NO, THESE WATERFRONT HOMES ARE FOR REAL.

#ARAGONFORWARD

778.398.1344 OR ARAGON.CA/PORTAGE260 SALTER ST, NEW WESTMINSTER

1 – 3 BEDROOM + DEN HOMES. $299,900 – $692,900

NOWSELLING

Aragon Properties Ltd.

*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

COLLECTION OF ARAGON HOMES

VISIT ARAGON.CA

PORTAGESituated along the Fraser River in Queensborough, these 2 buildings draw from their natural landscape and use design to be both beautiful and liveable. The first 48 homes, consisting of 1–3 bedroom + den condo and loft homes, will defy your expectations of what comes �standard’ in an Aragon home. Come visit our 2 designer display homes! MOVE-IN READY.

#ARAGONFORWARD

WHEN YOU’RE HOT, YOU’RE HOT. GREAT DESIGN IS NATURALLY BEAUTIFUL.

2–4 �bedroom waterfront penthouse lofts available. Viewing available byappointment: 604.520.9890

2 HOMES AVAILABLE

Heavier opton for large scale use (ex. signage)

778.398.1344 OR ARAGON.CA/PORTAGE260 SALTER ST, NEW WEST

NOW SELLING!

JUL 24 - AUG 7, 2015 NEW CONDO GUIDE 3

105 AVE

104 AVE

100 AVE

152

ST

154

ST

156

ST

RiverSky2 is developed by Bosa Properties (RiverSky Land) Inc. Renderings, sketches, layouts and fi nishes are representational only. Prices subject to change without notice. E. & O.E.

Sales Centre open daily 12pm–6pm

659 Columbia Street, New Westminster

NOW SELLING SALES CLOSED

COMPARE & SAVE

2 BEDROOMS FROM $359,900


METRO VANCOUVER’S

FASTEST SELLING COMMUNITY OF 2015 COME FIND OUT WHY

Enthusiasm for New Westminster has been unprecedented—it’s like

Gastown with waterfront. That’s why RiverSky’s fi rst tower sold so quickly—

and RiverSky2 promises more of the same. It’s right on the waterfront esplanade

and steps from SkyTrain. The shops and cafes of River Market are next door.

1–3 BEDROOMS PRICED FROM $291,900

Just outside your front door is the brand new Evergreen line, groceries, green spaces, cafés, and Coquitlam Centre Mall. Now is the perfect time to start fresh in a new Bosa Properties home.

BOSA IS PEACE OF MIND, EVERYTIME. CONCRETE CONSTRUCTION, IN A GREAT NEIGHBOURHOOD, BY RAPID TRANSIT. MOVE IN THIS SUMMER 2015.

* Evergreen is developed by Bosa Properties (Evergreen) Inc. Renderings, sketches, layouts and finishes are representational only. Prices subject to change without notice. E.&O.E.

A FRESH START AT EVERGREEN

SUITE TYPE SQ FT PRICE

1207 F Plan (2 Bed) 853 $423,900 1308 B1 Plan (1 Bed + Den) 591 $295,900 1908 B2 Plan (1 Bed) 591 $307,900 2905 K1 Plan (2 Bed Sub-Penthouse) 957 $598,900

3007 Glen Drive (at Pinetree Way) CoquitlamOpen Daily 12-6pm

VISIT US AT OUR NEW GREETING CENTRE AT:

604.942.2672 bosaproperties.com

5%

DEPO

SIT

4 NEW CONDO GUIDE JUL 24 - AUG 7, 2015

RiverSky2 is developed by Bosa Properties (RiverSky Land) Inc. Renderings, sketches, layouts and fi nishes are representational only. Prices subject to change without notice. E. & O.E.

Sales Centre open daily 12pm–6pm

659 Columbia Street, New Westminster

NOW SELLING SALES CLOSED

COMPARE & SAVE



METRO VANCOUVER’S

FASTEST SELLING COMMUNITY OF 2015 COME FIND OUT WHY

Enthusiasm for New Westminster has been unprecedented—it’s like

Gastown with waterfront. That’s why RiverSky’s fi rst tower sold so quickly—

and RiverSky2 promises more of the same. It’s right on the waterfront esplanade

and steps from SkyTrain. The shops and cafes of River Market are next door.

1–3 BEDROOMS PRICED FROM $291,900

Just outside your front door is the brand new Evergreen line, groceries, green spaces, cafés, and Coquitlam Centre Mall. Now is the perfect time to start fresh in a new Bosa Properties home.

BOSA IS PEACE OF MIND, EVERYTIME. CONCRETE CONSTRUCTION, IN A GREAT NEIGHBOURHOOD, BY RAPID TRANSIT. MOVE IN THIS SUMMER 2015.

* Evergreen is developed by Bosa Properties (Evergreen) Inc. Renderings, sketches, layouts and finishes are representational only. Prices subject to change without notice. E.&O.E.

A FRESH START AT EVERGREEN

SUITE TYPE SQ FT PRICE

1207 F Plan (2 Bed) 853 $423,900 1308 B1 Plan (1 Bed + Den) 591 $295,900 1908 B2 Plan (1 Bed) 591 $307,900 2905 K1 Plan (2 Bed Sub-Penthouse) 957 $598,900

3007 Glen Drive (at Pinetree Way) CoquitlamOpen Daily 12-6pm

VISIT US AT OUR NEW GREETING CENTRE AT:

604.942.2672 bosaproperties.com

5%

DEPO

SIT


CONTENTS

JULY 24 - AUG 7, 2015 VOLUME 15 ISSUE 15

COVER STORY

Voda at the CreekQuintessential Vancouver living in Southeast False Creekby Susan M Boyce

16

IN EVERY ISSUE12 Editor’s Note

FEATURE20 Spotlight on Kerrisdale

Live in a charming village in the middle of the cityby Stephanie MacDonald

24 Eat Around TownThe top five neighbourhoods in the city for foodies by Stephanie MacDonald

46 10 Minutes with Townline’s Chris ColbeckTalks about buying an investment condo by Susan M Boyce

COLUMNS30 Hot off the Web

Catching up with what’s going down online at ypnexthome.caby Diane Duflot

36 Inside MortgagesBank of Canada lowers rate again: what does this mean for borrowers?by Kris Grasty

56 Condo SenseThe transit referendum produced a “no” result: Where do we go from here?by Cameron McNeill

62 Taxing IssuesInformation on Expenditures and Capital Itemsby Henry Choo Chong

The homes you’ve been waiting for from a respected builder

Sterling by Cressey offers what so many people have been asking for: spacious, meticulously designed homes within picturesque Kerrisdale. This limited collection of two and three-bedroom residences and penthouses live exactly as a single family

home should, offering the grandeur of an elegant, brand new space plus the freedom to leave at a moment’s notice to travel as you please.

3 7 ELEGANT KERRISDALE RESIDENCES

604.428.8858 Ster l ingByCressey.com

S T E R L I N Gby Cre s sey

R E G I S T E R N OW

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

IN THE NEWS32 REBGV Report

June was a record-breaking month in residential sales

HOMEBUYERS’ HELP40 Condo Market Watch

Checking out what’s new and hot in Vancouver’s residential marketplace and beyondby Susan M Boyce

65 Listings Directory

MAPS14 Vancouver

26 Surrey/Langley

38 South Surrey/White Rock

42 Burnaby/New Westminster

48 Maple Ridge/Pitt Meadows

52 Richmond

54 North shore/Squamish/Whistler

58 Tri-Cities

CONDO PROFILE

PRESIDENT, YP NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES, NATIONAL

Moe Lalani

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri

ART DIRECTOR

Tammy Leung

EDITOR

Stephanie MacDonald

CONTRIBUTING EDITORS

Lydia McNutt Sara DuckWayne Karl

DESIGN EDITOR

Yanic Simard

MEDIA CONSULTANTS

Dave Bird 604.319.7102Brenda Everitt 604.319.7103

SALES COORDINATOR

Justin Salvador

PRODUCTION MANAGER

Bala Gnanapandithan

GRAPHIC DESIGNERS

Miguel CeaMike Terentiev

PRODUCTION CO-ORDINATOR

Bei Zhang

CONTRIBUTING EDITORIAL WRITER

Susan M Boyce

Published by

4180 Lougheed Highway Suite 102Burnaby BC V5C 6A7T 604.519.6080 F 604.519.6088newhomeandcondoguide.ca

ADVERTISING Call 604.519.6080 for advertising rates and information.

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 views and data expressed by columnists do not necessarily represent those of the publication.

28ChromaLiving life in full colour in Guildford

by Susan M Boyce

60NovellaWhere your story unfolds

by Susan M Boyce

63UptownYour new upscale home in Coquitlam

by Susan M Boyce

THERE’S NEVER BEEN A BETTER TIME TO BUY

HOT WEATHER AND A HOT MARKET

The Bank of Canada’s most recent rate announcement – holding its interest rate target at 0.5 per cent – is the continuation of good news for prospective homebuyers and those otherwise in the market for a new mortgage.

There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate.

With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get fi nancing approval on a home when you put in an o er. This is an especially good tool to have when markets are hot. Removing the “conditional on fi nancing” clause could mean your o er is accepted fi rst since you already have your fi nancing in place.

So when will rates rise? It’s anyone’s guess, but most experts agree there could be some movement later this year. (BoC’s next rate announcement is in the fall.)

However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders o er online pre-approvals to make the process faster and easier.

Take advantage while you still can.

Well summer’s here, and the pavement is sizzling. Surprisingly, so is the real estate market. Normally people take the summer o to go on vacation and laze around beaches or swimming pools, but evidently this year people have decided their recreational activities will include camping out on a sidewalk to be fi rst in line to scoop up a beautiful new pre-sale condo or townhome in one of Metro Vancouver’s exciting new developments.

As we have pointed out over the last couple of months, the summertime can be a great time to look for a new home for many reasons. This year, one of those reasons is the great opportunity to buy into one of the sought-after new highrises and townhome developments springing up very close to new Skytrain and transit hubs all over the Lower Mainland.

First in line means fi rst choice for the home, the fl oorplan and the view you want the most. While others spend the summer fl opped on a beach towel with a trashy novel, those with the foresight to get in on the action fi rst just might have the last laugh — if not the tan lines.

EDITOR’S NOTE

STEPHANIE MACDONALDEditor

Yellow Pages [email protected]

SUSAN LEGGEEditor-in-chief


Follow me on Twitter atTwitter.com/SusanLegge

Like us on facebooksearch: Condo Guide

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

2 bedroom + den homes in a quiet, terraced spot in White Rock

Quality concrete construction for a quiet living experience

The CresseyKitchenTM – the most celebrated kitchen on the market today, with great flow and so much storage

Air conditioning & spacious balconies for the perfect outdoor living room

Enjoy the The Beverley Club with a year-round pool, lounge and fitness facility

An on-site concierge and no-maintenance home – so you can come and go with ease

Barbecue on Beverley’s rooftop patio, where the fresh-air lounges and dining areas make everything taste better

Visit us Today. 1479 Vidal St., White Rock 12-5pm Daily (Except Fridays)

1,047 - 1,289 Sq. Ft. homes from $589,900 to $710,900


THERE’S NEVER BEEN A BETTER TIME TO BUY

HOT WEATHER AND A HOT MARKET

The Bank of Canada’s most recent rate announcement – holding its interest rate target at 0.5 per cent – is the continuation of good news for prospective homebuyers and those otherwise in the market for a new mortgage.

There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate.

With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get fi nancing approval on a home when you put in an o er. This is an especially good tool to have when markets are hot. Removing the “conditional on fi nancing” clause could mean your o er is accepted fi rst since you already have your fi nancing in place.

So when will rates rise? It’s anyone’s guess, but most experts agree there could be some movement later this year. (BoC’s next rate announcement is in the fall.)

However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders o er online pre-approvals to make the process faster and easier.

Take advantage while you still can.

Well summer’s here, and the pavement is sizzling. Surprisingly, so is the real estate market. Normally people take the summer o to go on vacation and laze around beaches or swimming pools, but evidently this year people have decided their recreational activities will include camping out on a sidewalk to be fi rst in line to scoop up a beautiful new pre-sale condo or townhome in one of Metro Vancouver’s exciting new developments.

As we have pointed out over the last couple of months, the summertime can be a great time to look for a new home for many reasons. This year, one of those reasons is the great opportunity to buy into one of the sought-after new highrises and townhome developments springing up very close to new Skytrain and transit hubs all over the Lower Mainland.

First in line means fi rst choice for the home, the fl oorplan and the view you want the most. While others spend the summer fl opped on a beach towel with a trashy novel, those with the foresight to get in on the action fi rst just might have the last laugh — if not the tan lines.

EDITOR’S NOTE

STEPHANIE MACDONALDEditor


SUSAN LEGGEEditor-in-chief


Follow me on Twitter atTwitter.com/SusanLegge

Like us on facebooksearch: Condo Guide

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

2 bedroom + den homes in a quiet, terraced spot in White Rock

Quality concrete construction for a quiet living experience

The CresseyKitchenTM – the most celebrated kitchen on the market today, with great flow and so much storage

Air conditioning & spacious balconies for the perfect outdoor living room

Enjoy the The Beverley Club with a year-round pool, lounge and fitness facility

An on-site concierge and no-maintenance home – so you can come and go with ease

Barbecue on Beverley’s rooftop patio, where the fresh-air lounges and dining areas make everything taste better

Visit us Today. 1479 Vidal St., White Rock 12-5pm Daily (Except Fridays)

1,047 - 1,289 Sq. Ft. homes from $589,900 to $710,900

Vancouver is famously active, a city of paddlers, hikers, runners, climbers and cyclists. It’s time to get in gear and be among the fi rst to experience Voda, a

16-storey collection of condominium homes with stunning water, mountain and city views. Voda is where The Creek makes its debut. Discover the home of

quintessential Vancouver—waterfront and park side in Southeast False Creek.

EXPERIENCE QUINTESSENTIAL VANCOUVER REGISTER ONLINE TO PREVIEW NOW

July 2015. E.&.O.E. Concert Realty Services Ltd.

Discover Life at 1st & Quebec REGISTER TODAY thecreekbyconcert.com

BURRARD INLET

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1. RHYTHM 3202 Riverwalk Ave 604.437.5315

2. APERTURE Presentation Centre in Oakridge Mall (south entrance, near Kin's Market) 778.616.7008

3. MERCER BY CRESSEY 3456 Commercial Dr 604.879.6400

4. MODERN 1001 Harwood St 604.879.2010

5. PARK & METRO 688 SW Marine Drive 604.325.8111

6. TATE DOWNTOWN 1265 Howe St 604.568.8283

7. PROXIMITY 2nd Ave & Ont 604.731.3500

8. THE CREEK 95 East 1ar Ave thecreekbyconcert.com

9. STERLING 49th & West Boulevard 604.428.8858

10. RENFREW & 2ND 1831 Renfrew St 604-830-3938

11. ADDITION 1149 Hornby St 604.620.6692

12. RIVER DISTRICT 3302 North Arm Ave 604.879.8830

13. FRAMEWORK Pender & Main Street 604.620.6223

14. EAST PARK 4236 Main Street 604.879.3257

VA N C O U V E R | D O W N T O W N VA N C O U V E R

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Vancouver is famously active, a city of paddlers, hikers, runners, climbers and cyclists. It’s time to get in gear and be among the fi rst to experience Voda, a

16-storey collection of condominium homes with stunning water, mountain and city views. Voda is where The Creek makes its debut. Discover the home of

quintessential Vancouver—waterfront and park side in Southeast False Creek.

EXPERIENCE QUINTESSENTIAL VANCOUVER REGISTER ONLINE TO PREVIEW NOW

July 2015. E.&.O.E. Concert Realty Services Ltd.

Discover Life at 1st & Quebec REGISTER TODAY thecreekbyconcert.com

BURRARD INLET

MA

IN S

T

JERICHO BEACH

PARK

PACIFICSPIRITPARK

QUEENELIZABETH

PARK

QUEENELIZABETH

PARK

GR

AN

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TG

RA

NV

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1. RHYTHM 3202 Riverwalk Ave 604.437.5315

2. APERTURE Presentation Centre in Oakridge Mall (south entrance, near Kin's Market) 778.616.7008

3. MERCER BY CRESSEY 3456 Commercial Dr 604.879.6400

4. MODERN 1001 Harwood St 604.879.2010

5. PARK & METRO 688 SW Marine Drive 604.325.8111

6. TATE DOWNTOWN 1265 Howe St 604.568.8283

7. PROXIMITY 2nd Ave & Ont 604.731.3500

8. THE CREEK 95 East 1ar Ave thecreekbyconcert.com

9. STERLING 49th & West Boulevard 604.428.8858

10. RENFREW & 2ND 1831 Renfrew St 604-830-3938

11. ADDITION 1149 Hornby St 604.620.6692

12. RIVER DISTRICT 3302 North Arm Ave 604.879.8830

13. FRAMEWORK Pender & Main Street 604.620.6223

14. EAST PARK 4236 Main Street 604.879.3257

VA N C O U V E R | D O W N T O W N VA N C O U V E R

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even begun discussing the fashion shops on Main Street or diverse offerings of Chinatown, Gastown, or Granville Island — all within easy walking distance.

“Over 2.7 acres of the property will be developed as a city park, and there will be several inner courtyards with water features and green spaces,” Gwen says pointing to the scale model. Even more intriguing, though, is Railspur Mews — a meandering pathway that will be covered with a

net of twinkling lights and paved to resemble one of the many railway tracks that used to be part of this neighbourhood’s industrial heritage.

Now I really can’t wait to see what the homes themselves are going to be like.

Urban sophistication“Well, I could be ready to move here in about five minutes — look at that view.” Two men, clearly twins, are standing in the living room of Voda’s display home

Over 2.7 acres of the property will be developed as a city park, and there will be several inner courtyards with water features and green spaces.— Gwen Tang

LocationVancouver

CommunitySoutheast False Creek

Home TypeCondominiums

BuilderConcert Properties

Sales Centre1551 Quebec Street

Contactthecreekbyconcert.com604.681.8282

æ AT A GLANCE

OKAY, ADMIT IT. Every time you cycle past the property on the southeast corner of False Creek you dream about what it would be like to live adjacent to the Seawall and the water. Yeah, me too.

Well, your wait is almost over because Voda, the first phase of condominium homes at The Creek by

Concert Properties, begins sales to interested registrants on July 25th. And from the buzz in the sales centre at today’s special preview event, there’s no doubt in my mind that this is going to become one incredible, waterfront community.

“The Southeast False Creek neighbourhood is so popular and so

connected to… well, to everywhere and everything,” says senior sales manager Gwen Tang. No kidding. Within a couple of minutes, we’ve compared notes on our favourites from over a dozen local coffee shops, almost half a dozen nearby brew pubs, plus multiple theatres, galleries, boutique grocery stores, and bike shops. And we haven’t

COVER STORY

VODA AT THE CREEKQuintessential Vancouver By Susan M Boyce


even begun discussing the fashion shops on Main Street or diverse offerings of Chinatown, Gastown, or Granville Island — all within easy walking distance.

“Over 2.7 acres of the property will be developed as a city park, and there will be several inner courtyards with water features and green spaces,” Gwen says pointing to the scale model. Even more intriguing, though, is Railspur Mews — a meandering pathway that will be covered with a

net of twinkling lights and paved to resemble one of the many railway tracks that used to be part of this neighbourhood’s industrial heritage.

Now I really can’t wait to see what the homes themselves are going to be like.

Urban sophistication“Well, I could be ready to move here in about five minutes — look at that view.” Two men, clearly twins, are standing in the living room of Voda’s display home

Over 2.7 acres of the property will be developed as a city park, and there will be several inner courtyards with water features and green spaces.— Gwen Tang

LocationVancouver

CommunitySoutheast False Creek


BuilderConcert Properties

Sales Centre1551 Quebec Street

Contactthecreekbyconcert.com604.681.8282

æ AT A GLANCE

OKAY, ADMIT IT. Every time you cycle past the property on the southeast corner of False Creek you dream about what it would be like to live adjacent to the Seawall and the water. Yeah, me too.

Well, your wait is almost over because Voda, the first phase of condominium homes at The Creek by

Concert Properties, begins sales to interested registrants on July 25th. And from the buzz in the sales centre at today’s special preview event, there’s no doubt in my mind that this is going to become one incredible, waterfront community.

“The Southeast False Creek neighbourhood is so popular and so

connected to… well, to everywhere and everything,” says senior sales manager Gwen Tang. No kidding. Within a couple of minutes, we’ve compared notes on our favourites from over a dozen local coffee shops, almost half a dozen nearby brew pubs, plus multiple theatres, galleries, boutique grocery stores, and bike shops. And we haven’t

COVER STORY

VODA AT THE CREEKQuintessential Vancouver By Susan M Boyce


For more information visit thecreekbyconcert.com or call

604.681.8282.

and simply staring out the window at the photographic ‘view’ of Science World and False Creek.

I have to agree, but my attention immediately goes to the kitchen — a totally contemporary beauty with inviting eating bar, massive amounts of storage space, concealed fridge and dishwasher, and a state-of-the-art induction stove. Plus there’s a pantry wall with integrated microwave at the perfect height for easy access. I can imagine romantic dinners and family celebrations in this space.

Peeking into the master suite, I discover an open, sunny space with plenty of room for an armchair in addition to chest of drawers or armoire. There’s not one, but two closets, meaning I don’t have to share my hanging space with anyone — although he might still have to share half his closet with me. The ensuite is amazing — floating vanity with

concealed storage above, frameless glass shower, and a dramatically angular display shelf for lotions and other treasures.

As Gwen and I leave the suite, I spot “the boys” sitting on the balcony each with a brochure in hand. “And did you see this? The roller blinds are included and there’s air conditioning.” Now that’s cool… literally and figuratively.

Experience for yourselfVoda at The Creek is now open for previews — but only if you’ve registered. Sales centre is located at 1551 Quebec Street in Vancouver. Floorplans range from one-bedroom to two-bedroom plus den. A limited collection of townhomes is also available.


For more information visit thecreekbyconcert.com or call

604.681.8282.

and simply staring out the window at the photographic ‘view’ of Science World and False Creek.

I have to agree, but my attention immediately goes to the kitchen — a totally contemporary beauty with inviting eating bar, massive amounts of storage space, concealed fridge and dishwasher, and a state-of-the-art induction stove. Plus there’s a pantry wall with integrated microwave at the perfect height for easy access. I can imagine romantic dinners and family celebrations in this space.

Peeking into the master suite, I discover an open, sunny space with plenty of room for an armchair in addition to chest of drawers or armoire. There’s not one, but two closets, meaning I don’t have to share my hanging space with anyone — although he might still have to share half his closet with me. The ensuite is amazing — floating vanity with

concealed storage above, frameless glass shower, and a dramatically angular display shelf for lotions and other treasures.

As Gwen and I leave the suite, I spot “the boys” sitting on the balcony each with a brochure in hand. “And did you see this? The roller blinds are included and there’s air conditioning.” Now that’s cool… literally and figuratively.

Experience for yourselfVoda at The Creek is now open for previews — but only if you’ve registered. Sales centre is located at 1551 Quebec Street in Vancouver. Floorplans range from one-bedroom to two-bedroom plus den. A limited collection of townhomes is also available.


VANCOUVER

schools, there are a high proportion of retirees compared to the rest of the city.

There are many parks in the Kerrisdale area, the closest being Kerrisdale Centennial Park, site of the Kerrisdale Community and Seniors Centre at 42nd Avenue and West Boulevard. Elm Park at West 41st and Larch Street (and home to Kerrisdale Little League); and Maple Grove Park at Marine Drive, Yew Street and West 51st Avenue.

Recreational facilities in the neighbourhood include the Kerrisdale Skating Arena, Kerrisdale Community Centre and indoor pool and the Kerrisdale Lawn Bowling Club

Quick facts:Average price on a 4 $ scale: $$$$= luxury

Types of properties: Retail space, detached

homes, apartments. condos, townhouses

Distance from City Hall: about 8 kilometres.

The ‘It’ List: Hill’s – This excellent clothing store has a

great selection of both high-end and more

budget options as well as clothes for both

the young and hip and older, more classic

shopper. www.hillsofkerrisdale.com

The Secret Garden – This hidden gem is

a fantastic place to take your mum out for

high tea on her birthday.

www.secretgardentea.com

Thomas Hobbes Florist – Thomas Hobbes

is a Vancouver gardening icon and his store

is full of treasures for the green-thumbed.

www.thomashobbesflorist.com

Avenue Grill – The community

stand-by with a sign from the

“40s and an ever evolving menu.

www.avenuegrillbc.com

Benton Brothers Cheese shop – One of

the best cheese shops in the city, and they

don’t mind giving out samples.

www.bentonscheese.com

Isola Bella Kids Clothes – Extremely

pricey (home of the $100 onsie!), but these

classically chic kids clothes are made to

last generations. www.isolabellakids.com

I like the quick commute to downtown and the fact that my kids are near UBC so they can live at home while they get their degrees.— Simon, engineer

located at Elm Park. Other community facilities include the Kerrisdale Branch of the Vancouver Public Library at West 42nd Avenue and West Boulevard and the West-Main Health Unit at West 43rd Avenue and West Boulevard. The two public high schools are Magee Secondary and Point Grey Secondary school, and for private schools there is Crofton House (girls) and St. George’s (boys).

Very convienient to the airport and well served by public transit, Kerrisdale is about a 15 minute drive to downtown. It is extremely walkable and is divided by the unused CPR train tracks which provide a walking path through town. Busses run up Arbutus Street (which turns into East Boulevard) from downtown at close intervals and across the city from Burnaby and East Vancouver and through to UBC along 41st and 49th Avenues.

KERRISDALE MAY BE PART OF VANCOUVER but it feels like a charming village. Kerrisdale features a shopping district running generally along West 41st Avenue between Larch and Maple Streets and West Boulevard between 37th and 47th Avenues. Although the city officially defines Kerrisdale as being south of 41st, the majority of the area’s residents consider Kerrisdale’s boundaries to be West 33rd Ave to the north, the Railway right of way to the east, West 57th Street to the south, and Blenheim Street to the west. Kerrisdale has a well-heeled ambiance, but a great selection of independent shops and a selection of places to buy cool clothes and meet with friends for afternoon coffee.

The village has an eclectic mix of small businesses, independent retail and casual restaurants. The pace of life here is relaxed and congenial, and the streets are lined with luxury sedans and SUVs as opposed to motorcycles or minivans.

Expect to see a lot of cashmere, plaid and tweed on these people. Many residents are older in terms of age and definitely skew into affluent, conservative territory. Kerrisdale’s population is about equal parts Asian Canadians and Caucasian Canadians with the Asian population making up more of the younger families and the grannies being mostly Caucasians. While there are a good number of families populating the two high schools and various elementary

NEIGHBOURHOOD SPOTLIGHT

KERRISDALEBy Stephanie MacDonald

Village life in the heart of the city

I love Kerrisdale because it’s quiet and pretty, and I can walk everywhere from restaurants, to the library and the community centre.— Zoe, retired librarian

I like living here because it’s like living in a small town, even though we’re in the heart of Vancouver. We know all our neighbours.— Ashley, barista at Caffe Artigiano


porte.ca/framework604.620.6223

*Parking included in most homes, see sales representative for details. Sales by disclosure statement only, E&O.E. Framework homes are developed by Porte Development and Marketed and sold by Porte and RE/MAX Ken Leong.

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INSIDE THIS ISSUE

ABOUT “NO-FRILLS” MORTGAGES

SPOTLIGHT ON KENSINGTON-CEDAR COTTAGE

WHAT’S NEW AND HOT IN THE MARKET

REGISTER TODAYthecreekbyconcert.com

EXPERIENCE QUINTESSENTIAL VANCOUVER Discover Life at 1st & Quebec


INSIDE THIS ISSUE

THINKING ABOUT AN INVESTMENT CONDO?

NEIGHBOURHOOD SPOTLIGHT ON KERRISDALE

TRANSIT VOTE: WHAT HAPPENS NOW?

www.homedecorandrenovations.comwww.homedecorandrenovations.comMETRO VANCOUVER EDITION

VOLUME 14 ISSUE 2VOLUME 14 ISSUE 2JUNE - JULY 2015

www.homedecorandrenovations.comwww.homedecorandrenovations.comMETRO VANCOUVER EDITIONFREE

My House Design/Build/Team

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VANCOUVER

porte.ca/framework604.620.6223

*Parking included in most homes, see sales representative for details. Sales by disclosure statement only, E&O.E. Framework homes are developed by Porte Development and Marketed and sold by Porte and RE/MAX Ken Leong.

ONLY 10 HOMES REMAIN!presentation centre 626 main street

open daily (closed friday)from noon – 5pm

betterdesign.biggerhomes.

2 3 1 P E N D E R

THE NEW FRAMEWORKFOR EAST SIDE URBAN

no down payment? no problem.Ask about our insanely popular fl exible deposit program!

studios from $276,900 1+ fl ex from $409,9002 Beds from $469,900


VANCOUVER

IN THE NEWS

IN THIS HIGHLY SUBJECTIVE LIST, we’re going to focus on the ‘hoods we feel have the most variety of types of food in highly-rated restaurants, completely influenced by our own personal tastes. Vancouver has a wealth of different independent eateries from modest holes in the wall (our favourite) to high-end feasting for the wealthy and here are the ‘hoods that will keep your curiosity and your appetite piqued for the longest.

KitsilanoBecause of its large population of young, upwardly-mobile types, Kits boasts everything from one of our favourite casual sushi joints, Octopus’ Garden and the old-school vegetarian temple The Naam, to the original west coast fining dining establishment, Bishops, to French/Vietnamese bistros and elegant Italian dining. Our new favourite? Annalena on West 1st is fantastic for sharesies and cocktails.

ChinatownOf course for any kind of Asian food this is a mecca. Hon’s Wun-Tun House, Phnom Penh, The Ramen Butcher and the wonderful Bao Bei Chinese Bistro are all absolute must-visits for all Vancouverites and tourists alike. But the city’s best fried chicken is also here at Mamie Taylor’s, the best casual seafood at Oyster Express, sausages at Bestie, cocktails at The Union or The Keefer… the Chinatown list could clearly be a story unto itself…

Fraser ’HoodFor sheer concentration of excellent new dining options, Fraser Street takes the cake. The locus is at Fraser and Kingsway which is home to the inimitable Faux Bourgeois French bistro, excellent Mexican choices Los Cuervos and Sal Y Limon, a new rustic Italian place (name TBD), The Black Lodge Twin Peaks-themed vegan pub; Ba Le for banh mi, The Lion’s Den Caribbean/Japanese fusion and Matchstick Café and Bakery for fresh-roasted coffee. Up the street there’s even more!

Top 5 foodie neighbourhoodsin Vancouver

The West EndWith seemingly one restaurant per person in this urban enclave, there’s lots of options for every taste. Izakayas like Kinyo and Hapa, perogies, The Banana Leaf Malasian, Sala Thai, pizza, sushi, tapas, Mexican, it’s all here and most of it is extremely high quality. This summer enjoy the nicest patios in the city at The Teahouse in Stanley Park or Adesso on Haro Street.

Commercial DriveWhile The Drive was formerly known primarily for its Italian cafes and sports bars (often one and the same), this eclectic neighbourhood is now home to great Ethiopian Food, pizza houses, Cuban restaurants and tons of funky bars and cafes. Our favourites are Jam Jar (Lebanese), Merchant’s Oyster Bar, Absinthe Bistro and The Charlatan.

By Stephanie MacDonald

RIVER DISTRICTSALES CENTRE

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29

lingoliving.ca6O4.727.5478

Signature Apartmentsstarting fromMove

in Now

Lingo. Something to talk about.

Rent is a four letter word.Spend less on the condominium you’ve always wanted and enjoy more time being you. Who says you can’t have it all?

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S U R R E Y | L A N G L E Y

A1. YALE BLOC 19557 64 Avenue www.yalebloc.com

A2. MANAROLA 8695 160th Street 604.800.9255

A3. MAXX AT VERVE 13913 Fraser Hwy. 604.588.3783

A4. LINGO 5665 177B Street 604.727.5478

A5. UNIVERSITY DISTRICT 104th & University Dr 604.588.5795

A6. G3 RESIDENCES 104th Ave. & 154th St. 604.453.6688

A7. THE RIDGE AT BOSE FARM 16390 64th Ave. 604.888.5514

A8. EVOLVE 13328 104th Ave. 604.497.0102

A9. CHROMA 15628 - 104th Ave 604-581-5399

B1. KENSINGTON 20678 Willoughby Town Centre Drive 604.427.3311

B2. ELEMENTS 20211 66th Ave. 604.533.7718

B3. ATHENRY GATE 8312 Street 604.882.8857

B4. MURRAYVILLE HOUSE 5020-221A Street 778-808-6563

B5. CORNERSTONE 5655 210 Street 604-536-6000

SURREY LANGLEY

B4


29

lingoliving.ca6O4.727.5478

Signature Apartmentsstarting fromMove

in Now

Lingo. Something to talk about.

Rent is a four letter word.Spend less on the condominium you’ve always wanted and enjoy more time being you. Who says you can’t have it all?

$1999OOIncluding Net GST

18O

STHWY 15

6O AVE

HWY 1O 56 AVE

TO U.S. BORDER

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S U R R E Y | L A N G L E Y

A1. YALE BLOC 19557 64 Avenue www.yalebloc.com

A2. MANAROLA 8695 160th Street 604.800.9255

A3. MAXX AT VERVE 13913 Fraser Hwy. 604.588.3783

A4. LINGO 5665 177B Street 604.727.5478

A5. UNIVERSITY DISTRICT 104th & University Dr 604.588.5795

A6. G3 RESIDENCES 104th Ave. & 154th St. 604.453.6688

A7. THE RIDGE AT BOSE FARM 16390 64th Ave. 604.888.5514

A8. EVOLVE 13328 104th Ave. 604.497.0102

A9. CHROMA 15628 - 104th Ave 604-581-5399

B1. KENSINGTON 20678 Willoughby Town Centre Drive 604.427.3311

B2. ELEMENTS 20211 66th Ave. 604.533.7718

B3. ATHENRY GATE 8312 Street 604.882.8857

B4. MURRAYVILLE HOUSE 5020-221A Street 778-808-6563

B5. CORNERSTONE 5655 210 Street 604-536-6000

SURREY LANGLEY

B4


SURREY/LANGLEY

CONDO PROFILE

Personally, I’m intrigued by the clever use of space in this already generously proportioned, two-bedroom home. A large sectional effortlessly gives the living room a welcoming and cozy ambiance — perfect for evenings at home or when guests come calling. There’s a large eating bar plus a connected, yet distinct area for formal dining — a feature I don’t see often in condominium homes. Today the table’s set for four, but I’m betting when it came time for family dinners I could fit eight. And in the master bedroom I discover another favourite — a walk-through closet to the ensuite.

And while every home has private outdoor decks or patios, Vanessa insists I take a peek at the top floor balconies. One look and I see why. These outdoor

LocationSurrey

CommunityGuildford


BuilderStreetSide Developments

Sales Centre15628 – 104th Avenue

Contactliveatchroma.ca604.581.5399

æ AT A GLANCE

CHROMALive life in full colour By Susan M Boyce

Get ready, get set, now move — as in move directly into your new home at Chroma. That’s right,

this boutique collection of 29 apartment residences is getting ready for occupancy meaning you’ll have plenty of time to enjoy the best of the summer weather in your new digs.

Full spectrum livingWhen it comes to smart design, Chroma’s got you covered. “We purposely kept the interior design simple and bright, so homeowners can incorporate punches of their favourite colours through accessorizing,” says Vanessa Isler, StreetSide’s sales and marketing manager, pointing out the kitchen’s large-format tile backsplash and nine-foot ceilings

The Guildford neighbourhood has changed and evolved so much over the past few years.— Vanessa Isler

beauties are huge — I’d estimate at least 300 square feet — and partially covered so I can barbeque in comfort all year round. Heaven.

Close to everything“The Guildford neighbourhood has changed and evolved so much over the past few years,” Vanessa says. “It’s got schools, parks, shops, restaurants and it’s a quieter, more residential alternative to the City Centre neighbourhood. Plus Chroma is only a few blocks from freeway access to the east and the revitalized Guildford Town Centre, new Aquatics Centre, and library to the west. Plus there’s a direct transit link to the SkyTrain to Vancouver right across the street.” Sounds like the best of all worlds.


CONDO PROFILE

Personally, I’m intrigued by the clever use of space in this already generously proportioned, two-bedroom home. A large sectional effortlessly gives the living room a welcoming and cozy ambiance — perfect for evenings at home or when guests come calling. There’s a large eating bar plus a connected, yet distinct area for formal dining — a feature I don’t see often in condominium homes. Today the table’s set for four, but I’m betting when it came time for family dinners I could fit eight. And in the master bedroom I discover another favourite — a walk-through closet to the ensuite.

And while every home has private outdoor decks or patios, Vanessa insists I take a peek at the top floor balconies. One look and I see why. These outdoor

LocationSurrey

CommunityGuildford


BuilderStreetSide Developments

Sales Centre15628 – 104th Avenue

Contactliveatchroma.ca604.581.5399

æ AT A GLANCE

CHROMALive life in full colour By Susan M Boyce

Get ready, get set, now move — as in move directly into your new home at Chroma. That’s right,

this boutique collection of 29 apartment residences is getting ready for occupancy meaning you’ll have plenty of time to enjoy the best of the summer weather in your new digs.

Full spectrum livingWhen it comes to smart design, Chroma’s got you covered. “We purposely kept the interior design simple and bright, so homeowners can incorporate punches of their favourite colours through accessorizing,” says Vanessa Isler, StreetSide’s sales and marketing manager, pointing out the kitchen’s large-format tile backsplash and nine-foot ceilings

The Guildford neighbourhood has changed and evolved so much over the past few years.— Vanessa Isler

beauties are huge — I’d estimate at least 300 square feet — and partially covered so I can barbeque in comfort all year round. Heaven.

Close to everything“The Guildford neighbourhood has changed and evolved so much over the past few years,” Vanessa says. “It’s got schools, parks, shops, restaurants and it’s a quieter, more residential alternative to the City Centre neighbourhood. Plus Chroma is only a few blocks from freeway access to the east and the revitalized Guildford Town Centre, new Aquatics Centre, and library to the west. Plus there’s a direct transit link to the SkyTrain to Vancouver right across the street.” Sounds like the best of all worlds.


SURREY/LANGLEY

Former Vancouver Editor of New Home Guide, New

Condo Guide and Home Decor and Renovations, Diane Dufl ot is currently enjoying the life of a freelance writer and editor.

She can be reached at diane.dufl [email protected]

Hot off the webTHE SKINNY ON WHAT’S HAPPENING IN REAL ESTATE IN THE LOWER MAINLAND

By Diane Dufl ot

“No” vote for plebisciteThe votes have been counted in Metro Vancouver’s transit plebiscite, and the majority of voters do not support a sales tax increase to fund transit. Sixty-two percent of the votes cast were for the “No” side, and 38 per cent for the “Yes” side. The “No” vote for plebiscite means that it will be important, in the months and years to come, to make improvements to the city’s transportation infrastructure, since Metro Vancouver continues to grow at a rapid rate.

Mayors propose separatedistrict utility for TransLinkSome of Metro Vancouver’s mayors are hoping that a separate utility district for TransLink can be created that would function in a manner similar to the area’s sewer and water services. The motion will be debated by the Metro board next month, and if it passes, regional directors would have more control over TransLink’s finances and general operations. They would also be able to collect regional service taxes to pay for it. It remains to be seen what form such a utility might take, however, and the provincial government, whose approval would be necessary before any serious changes were made to TransLink, has shown reluctance to give the mayors more control.

Housing aff ordability: Many Vancouverites “miserable”A recent opinion poll asked Vancouverites if they were happy, comfortable, uncomfortable or miserable their housing and transportation situation, and the results showed a wide gap between the have and the have nots, or the homeowners and those trying to climb onto Vancouver’s real-estate ladder. Two things that an overwhelming majority of respondents agreed on? Nearly four in fi ve felt that the government should collect “data on the profi le and location of Metro Vancouver homebuyers,” and 70 per cent felt “government should be more involved in the housing market.”

Vancouver targets renewable energyVancouver has a goal to achieve 100-per-cent renewable energy, an essential step towards climate protection. Despite the fact that Canada’s electricity is relatively low-carbon, the average Canadian still used 23 litres of fossil fuel a day in 2012, producing an average of twice the greenhouse gas emissions of the typical European. Making such a paradigm shift is in keeping with the times: California’s governor recently announced an increase in that city’s gas-reduction targets, a decision that has been both praised and criticized, due to the lack of a concrete plan to meet that goal. What are needed now, in California and Vancouver alike, are solid ideas on how emissions can be reduced while increasing

local energy security, diversifying local economy and creating jobs.

Suburbs attract familieswith multi-family unitsFor many looking for more space and cheaper housing, the decision to move from the City of Vancouver to one of its suburbs is an easy one. Developing neighbourhoods in the suburbs o� er schools, parks, shops and other amenities, and the suburbs draw families due to their a� ordability and mix of housing types.

For more details on these stories, and for more real-estate news, visit nexthome.yp.ca/news

HOT NEWS

PRESENTATION CENTRE & SHOW HOMES: 13931 Fraser Hwy, Surrey

Open Daily 12–5pm (CLOSED FRI) | PORTE.CA/VERVE | 604.588.3783Pricing and promotion subject to change without notice. Sales by disclosure statement only, E&OE.

NOW SELLINGThe fi nal building @ Verve

Say NO to #FOMOBuilding 3 — 60% SOLD

Jr. 1 Bdrms FROM $169,900

1 Bdrms + Den FROM $221,900

2 Bdrms + 2 Baths FROM $269,900

Love where you liveJUST A 6 MINUTE WALK FROM KING GEORGE SKYTRAIN

GYM, LOUNGE & GAMES ROOM ALL IN YOUR BUILDING

Learn more at porte.ca/verve

MODERN FINISHES TO BRAG ABOUT

BUY NOW& we’ll pay your strata

fees for1 year!


Former Vancouver Editor of New Home Guide, New

Condo Guide and Home Decor and Renovations, Diane Dufl ot is currently enjoying the life of a freelance writer and editor.

She can be reached at diane.dufl [email protected]

Hot off the webTHE SKINNY ON WHAT’S HAPPENING IN REAL ESTATE IN THE LOWER MAINLAND

By Diane Dufl ot

“No” vote for plebisciteThe votes have been counted in Metro Vancouver’s transit plebiscite, and the majority of voters do not support a sales tax increase to fund transit. Sixty-two percent of the votes cast were for the “No” side, and 38 per cent for the “Yes” side. The “No” vote for plebiscite means that it will be important, in the months and years to come, to make improvements to the city’s transportation infrastructure, since Metro Vancouver continues to grow at a rapid rate.

Mayors propose separatedistrict utility for TransLinkSome of Metro Vancouver’s mayors are hoping that a separate utility district for TransLink can be created that would function in a manner similar to the area’s sewer and water services. The motion will be debated by the Metro board next month, and if it passes, regional directors would have more control over TransLink’s finances and general operations. They would also be able to collect regional service taxes to pay for it. It remains to be seen what form such a utility might take, however, and the provincial government, whose approval would be necessary before any serious changes were made to TransLink, has shown reluctance to give the mayors more control.

Housing aff ordability: Many Vancouverites “miserable”A recent opinion poll asked Vancouverites if they were happy, comfortable, uncomfortable or miserable their housing and transportation situation, and the results showed a wide gap between the have and the have nots, or the homeowners and those trying to climb onto Vancouver’s real-estate ladder. Two things that an overwhelming majority of respondents agreed on? Nearly four in fi ve felt that the government should collect “data on the profi le and location of Metro Vancouver homebuyers,” and 70 per cent felt “government should be more involved in the housing market.”

Vancouver targets renewable energyVancouver has a goal to achieve 100-per-cent renewable energy, an essential step towards climate protection. Despite the fact that Canada’s electricity is relatively low-carbon, the average Canadian still used 23 litres of fossil fuel a day in 2012, producing an average of twice the greenhouse gas emissions of the typical European. Making such a paradigm shift is in keeping with the times: California’s governor recently announced an increase in that city’s gas-reduction targets, a decision that has been both praised and criticized, due to the lack of a concrete plan to meet that goal. What are needed now, in California and Vancouver alike, are solid ideas on how emissions can be reduced while increasing

local energy security, diversifying local economy and creating jobs.

Suburbs attract familieswith multi-family unitsFor many looking for more space and cheaper housing, the decision to move from the City of Vancouver to one of its suburbs is an easy one. Developing neighbourhoods in the suburbs o� er schools, parks, shops and other amenities, and the suburbs draw families due to their a� ordability and mix of housing types.

For more details on these stories, and for more real-estate news, visit nexthome.yp.ca/news

HOT NEWS

PRESENTATION CENTRE & SHOW HOMES: 13931 Fraser Hwy, Surrey

Open Daily 12–5pm (CLOSED FRI) | PORTE.CA/VERVE | 604.588.3783Pricing and promotion subject to change without notice. Sales by disclosure statement only, E&OE.

NOW SELLINGThe fi nal building @ Verve

Say NO to #FOMOBuilding 3 — 60% SOLD

Jr. 1 Bdrms FROM $169,900

1 Bdrms + Den FROM $221,900

2 Bdrms + 2 Baths FROM $269,900

Love where you liveJUST A 6 MINUTE WALK FROM KING GEORGE SKYTRAIN

GYM, LOUNGE & GAMES ROOM ALL IN YOUR BUILDING

Learn more at porte.ca/verve

MODERN FINISHES TO BRAG ABOUT

BUY NOW& we’ll pay your strata

fees for1 year!


SURREY/LANGLEY

IN THE NEWS

June a historic sales monthTHE HIGHEST SELLING JUNE, AND THE SECOND HIGHEST OVERALL

MONTHLY TOTAL, ON RECORD FOR THE REBGV

The REBGV reports that residential property sales in Metro Vancouver* reached 4,375

on the Multiple Listing Service® (MLS®) in June 2015. This represents a 28.4 per cent increase compared to the 3,406 sales recorded in June 2014, and an increase of 7.9 per cent compared to the 4,056 sales in May 2015.

Last month’s sales were 29.1 per cent above the 10-year sales average for the month. It’s the fourth straight month with over 4,000 sales, which is a first in the REBGV’s history. The previous highest number of residential home sales was 4,434, recorded in May 2005.

“Demand in our detached home market continues to drive activity across Metro Vancouver,” Darcy McLeod, REBGV president said. “There were more detached home sales in the region last month than we’ve seen during the month of June in more than 10 years.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro

“ We’re seeing a steady stream of new listings entering the market, but the overall number of homes for sale is not keeping up with buyer demand”

Vancouver is currently $694,000. This represents a 10.3 per cent increase compared to June 2014.

“Housing market activity comes in cycles; we’re in an up cycle right now that looks similar to the mid-2000s,” McLeod said. “It would be easy to point to one factor that’s causing this cycle, but the truth is that it’s a number of different factors.

“Conditions today are being driven by low interest rates, a declining supply of detached homes, a growing population, a provincial economy that’s outperforming the rest of Canada, pent-up demand from previous years and, perhaps most importantly, the fact that we live in a highly desirable region,” McLeod said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,803 in June. This represents an 8.7 per cent increase compared to the 5,339 new listings reported in June 2014.

“We’re seeing a steady stream of new listings entering the market, but the overall number of homes for sale is not keeping up with buyer demand,” McLeod said.

The total number of properties currently listed for sale on the region’s MLS® is 12,181, a 23.9 per cent decline compared to June 2014 and a 1.3 per cent decline compared to May 2015. This is the lowest active listing total for June since 2006.

The sales-to-active-listings ratio in June was 35.9 per cent. This is the highest that this ratio has been in Metro Vancouver since June 2006. A seller’s market typically occurs when this ratio exceeds 20 per cent for a sustained period of time.

“The competition in today’s market means that buyers have less time to make decisions,” McLeod said. “Given this, it’s important to work with your REALTOR® to gain insight into the local market, to get quick access to new MLS® listings, to develop a buying strategy that meets your needs and risk appetite, and to receive other services and protections that come from having professional representation.”

Sales of detached properties in June 2015 reached 1,920, an increase of 31.3 per cent from the 1,462 detached sales recorded in June 2014, and a 74.2 per cent increase from the 1,102 units sold in June 2013. The benchmark price for a detached property in Metro Vancouver increased 14.8 per cent from June 2014 to $1,123,900.

Sales of apartment properties reached 1,774 in June 2015, an increase of 35.6 per cent compared to the 1,308 sales in June 2014, and an increase of 66.1 per cent compared to the 1,068 sales in June 2013. The benchmark price of an apartment property increased 5.3 per cent from June 2014 to $400,200.

Attached property sales in June 2015 totalled 681, an increase of 7.1 per cent compared to the 636 sales in June 2014, and a 44.3 per cent increase from the 472 attached properties sold in June 2013. The benchmark price of an attached unit increased 7.1 per cent between June 2014 and 2015 to $506,900.

See more at: http://www.rebgv.org/news-statistics/metro-vancouver-home-sales-set-record-pace-june#sthash.bqc14ohH.dpuf

Murrayville House is an exclusive boutique collection of ninety-two, 1 & 2 bedroom homes, many with dens situated in the best location of Langley; Upper Murrayville.

• 5% down payment• Interest rates at historical lows• Minutes from Langley Centre

• Close to local amenities• Steps to public transit

REGISTER ONLINE FOR MORE INFORMATION

MurrayvilleHouse.comFOR MORE INFORMATION CALL

Sales Centre604.534.8152

Renderings, illustrations, fl oor plans and square footages are approximate and may differ from fi nal product. The Developer reserves the right in its discretion to make changes to the fl oor plans, project design, appliances, specifi cation and features. This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.Movie Nights will proceed, weather permitting, as scheduled.

Langley Memorial Hospital

Denny Ross Park

MurrayvilleSquare

52 Ave

48 Ave 48 Ave 48 Ave48 Ave

52 Ave

50 Ave

49a Ave

48a Ave

52 Ave

50 Ave

49 Ave

MurrayvilleElementary School

IN THE PARKIN THE PARK

SALES CENTRE 220-230 22196 50TH AVE, LANGLEY

FOLLOW USMurrayvilleHouse

DEVELOPED BY SALES BY MARKETED BY NEW HOME WARRANTY

JULY 29

HOMEAUGUST 5 PIRATES OF THE

CARIBBEAN

info at MURRAYVILLEHOUSE.COMEVENT STARTS AT 4PM. MOVIE STARTS AT DUSK.

DENNY ROSS MEMORIAL PARK, MURRAYVILLE

AUGUST 5AUGUST 5THE


IN THE PARKIN THE PARKJULY 29 DENNY ROSS MEMORIAL PARK, MURRAYVILLEDENNY ROSS MEMORIAL PARK, MURRAYVILLEDENNY ROSS MEMORIAL PARK, MURRAYVILLE

SELLING FASTSALES CENTRE OPEN DAILY12pm-5pm (except Friday)

50% SOLDPRE-SALES STILL HAPPENING

Cyan

Yellow

Magenta

Black

Project

ItemItem

Murrayville House

Condo Guide Ad - Movie Nights

Date

Trim Size

26.06.2015

7.25”W x 9”H

Revised

File prepared at

26.06.2015

100%

Docket

Contact

T - 1437

+1 604 437 5395

Colours


IN THE NEWS

June a historic sales monthTHE HIGHEST SELLING JUNE, AND THE SECOND HIGHEST OVERALL

MONTHLY TOTAL, ON RECORD FOR THE REBGV

The REBGV reports that residential property sales in Metro Vancouver* reached 4,375

on the Multiple Listing Service® (MLS®) in June 2015. This represents a 28.4 per cent increase compared to the 3,406 sales recorded in June 2014, and an increase of 7.9 per cent compared to the 4,056 sales in May 2015.

Last month’s sales were 29.1 per cent above the 10-year sales average for the month. It’s the fourth straight month with over 4,000 sales, which is a first in the REBGV’s history. The previous highest number of residential home sales was 4,434, recorded in May 2005.

“Demand in our detached home market continues to drive activity across Metro Vancouver,” Darcy McLeod, REBGV president said. “There were more detached home sales in the region last month than we’ve seen during the month of June in more than 10 years.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro

“ We’re seeing a steady stream of new listings entering the market, but the overall number of homes for sale is not keeping up with buyer demand”

Vancouver is currently $694,000. This represents a 10.3 per cent increase compared to June 2014.

“Housing market activity comes in cycles; we’re in an up cycle right now that looks similar to the mid-2000s,” McLeod said. “It would be easy to point to one factor that’s causing this cycle, but the truth is that it’s a number of different factors.

“Conditions today are being driven by low interest rates, a declining supply of detached homes, a growing population, a provincial economy that’s outperforming the rest of Canada, pent-up demand from previous years and, perhaps most importantly, the fact that we live in a highly desirable region,” McLeod said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,803 in June. This represents an 8.7 per cent increase compared to the 5,339 new listings reported in June 2014.

“We’re seeing a steady stream of new listings entering the market, but the overall number of homes for sale is not keeping up with buyer demand,” McLeod said.

The total number of properties currently listed for sale on the region’s MLS® is 12,181, a 23.9 per cent decline compared to June 2014 and a 1.3 per cent decline compared to May 2015. This is the lowest active listing total for June since 2006.

The sales-to-active-listings ratio in June was 35.9 per cent. This is the highest that this ratio has been in Metro Vancouver since June 2006. A seller’s market typically occurs when this ratio exceeds 20 per cent for a sustained period of time.

“The competition in today’s market means that buyers have less time to make decisions,” McLeod said. “Given this, it’s important to work with your REALTOR® to gain insight into the local market, to get quick access to new MLS® listings, to develop a buying strategy that meets your needs and risk appetite, and to receive other services and protections that come from having professional representation.”

Sales of detached properties in June 2015 reached 1,920, an increase of 31.3 per cent from the 1,462 detached sales recorded in June 2014, and a 74.2 per cent increase from the 1,102 units sold in June 2013. The benchmark price for a detached property in Metro Vancouver increased 14.8 per cent from June 2014 to $1,123,900.

Sales of apartment properties reached 1,774 in June 2015, an increase of 35.6 per cent compared to the 1,308 sales in June 2014, and an increase of 66.1 per cent compared to the 1,068 sales in June 2013. The benchmark price of an apartment property increased 5.3 per cent from June 2014 to $400,200.

Attached property sales in June 2015 totalled 681, an increase of 7.1 per cent compared to the 636 sales in June 2014, and a 44.3 per cent increase from the 472 attached properties sold in June 2013. The benchmark price of an attached unit increased 7.1 per cent between June 2014 and 2015 to $506,900.

See more at: http://www.rebgv.org/news-statistics/metro-vancouver-home-sales-set-record-pace-june#sthash.bqc14ohH.dpuf

Murrayville House is an exclusive boutique collection of ninety-two, 1 & 2 bedroom homes, many with dens situated in the best location of Langley; Upper Murrayville.

• 5% down payment• Interest rates at historical lows• Minutes from Langley Centre

• Close to local amenities• Steps to public transit

REGISTER ONLINE FOR MORE INFORMATION

MurrayvilleHouse.comFOR MORE INFORMATION CALL

Sales Centre604.534.8152

Renderings, illustrations, fl oor plans and square footages are approximate and may differ from fi nal product. The Developer reserves the right in its discretion to make changes to the fl oor plans, project design, appliances, specifi cation and features. This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E.&O.E.Movie Nights will proceed, weather permitting, as scheduled.

Langley Memorial Hospital

Denny Ross Park

MurrayvilleSquare

52 Ave

48 Ave 48 Ave 48 Ave48 Ave

52 Ave

50 Ave

49a Ave

48a Ave

52 Ave

50 Ave

49 Ave

MurrayvilleElementary School

IN THE PARKIN THE PARK

SALES CENTRE 220-230 22196 50TH AVE, LANGLEY

FOLLOW USMurrayvilleHouse

DEVELOPED BY SALES BY MARKETED BY NEW HOME WARRANTY

JULY 29

HOMEAUGUST 5 PIRATES OF THE

CARIBBEAN

info at MURRAYVILLEHOUSE.COMEVENT STARTS AT 4PM. MOVIE STARTS AT DUSK.


AUGUST 5AUGUST 5THE


IN THE PARKIN THE PARKJULY 29 DENNY ROSS MEMORIAL PARK, MURRAYVILLEDENNY ROSS MEMORIAL PARK, MURRAYVILLEDENNY ROSS MEMORIAL PARK, MURRAYVILLE

SELLING FASTSALES CENTRE OPEN DAILY12pm-5pm (except Friday)

50% SOLDPRE-SALES STILL HAPPENING

Cyan

Yellow

Magenta

Black

Project

ItemItem

Murrayville House

Condo Guide Ad - Movie Nights

Date

Trim Size

26.06.2015

7.25”W x 9”H

Revised

File prepared at

26.06.2015

100%

Docket

Contact

T - 1437

+1 604 437 5395

Colours


SURREY/LANGLEY

17 14 AVAILABLE TO MOVE-IN THIS WINTER!

CONDOS STARTING FROM JUST $247,900 UP TO $539,900


SURREY/LANGLEY

For the second time this year, the Bank of Canada has seen fit to reduce the overnight lending rate

by a quarter point or -0.25 per cent. We are now looking at a 0.50 per cent rate that the lenders base their prime lending rate on.

You may recall that this past January, the BoC reduced by a quarter point however the lenders did not match or pass the discount directly on to customers. Prime was reduced by only 0.15 per cent to 2.85 per cent.

Last week BoC reduced by the same -0.25 per cent and so far, TD Bank has announced a 0.10 per cent reduction in their Prime Rate to 2.75 per cent, the only lender to do so at the time of this writing.

The true effect on prime will really take place over the next few days. Last January, TD initially stated that they would not reduce Prime at all. Competing lenders reduced forcing TD to follow in order to stay in the mix. Other lenders may opt to simply follow TD’s 0.10 per cent reduction, though it will only take one big player to slash prime further to shake things up a bit.

This decrease will only be affecting clients in variable rate mortgages and those with consumer debts with rates based on discounts or surpluses to prime such as lines of credit. Fixed

INSIDE MORTGAGES

mortgage rates are dictated by five year bond yields and the spreads required for those bonds to maintain returns.

The Canadian dollar has already seen an impact this morning and investments may see a slight toll going forward as well.

So far in 2015, the cost of lending money has decreased by 0.50 per cent yet only 0.25 per cent has been passed on to us. Banks are in the business of making profits, so it stands to reason that they are “banking” the extra 25 points for now, citing slimmer margins as the primary reason.

What will be interesting to see is when our economy does see a marked improvement and the BoC sees fit to raise the rates again, will the lenders raise prime directly with that increase? It would be fantastic if they used the 0.25 per cent currently banked as a buffer to those future increases. I would expect to see them move up 0.25 per cent if the BoC raises the rate by 0.25 per cent.

Our economy improvement target dates seem to be moving constantly. Now many economists are suggesting that we may not see the desired improvement until late 2017 which will likely result in continued low rates for some time. Until then, our new normal, low rate environment shall persist.

Kris Grasty is a mortgage broker with Dominion Lending Centre’s

Canadian Mortgage Experts and and a Finalist in the 2014 Canadian Mortgage Awards.

Kris maintains a strong focus on educating clients on all options.

For more information visit his website at www.krisgrasty.ca

or reach him at [email protected].

Big newsBANK OF CANADA REDUCES THE OVERNIGHT LENDING RATE, AGAIN! By Kris Grasty


GROUP


For the second time this year, the Bank of Canada has seen fit to reduce the overnight lending rate

by a quarter point or -0.25 per cent. We are now looking at a 0.50 per cent rate that the lenders base their prime lending rate on.

You may recall that this past January, the BoC reduced by a quarter point however the lenders did not match or pass the discount directly on to customers. Prime was reduced by only 0.15 per cent to 2.85 per cent.

Last week BoC reduced by the same -0.25 per cent and so far, TD Bank has announced a 0.10 per cent reduction in their Prime Rate to 2.75 per cent, the only lender to do so at the time of this writing.

The true effect on prime will really take place over the next few days. Last January, TD initially stated that they would not reduce Prime at all. Competing lenders reduced forcing TD to follow in order to stay in the mix. Other lenders may opt to simply follow TD’s 0.10 per cent reduction, though it will only take one big player to slash prime further to shake things up a bit.

This decrease will only be affecting clients in variable rate mortgages and those with consumer debts with rates based on discounts or surpluses to prime such as lines of credit. Fixed

INSIDE MORTGAGES

mortgage rates are dictated by five year bond yields and the spreads required for those bonds to maintain returns.


So far in 2015, the cost of lending money has decreased by 0.50 per cent yet only 0.25 per cent has been passed on to us. Banks are in the business of making profits, so it stands to reason that they are “banking” the extra 25 points for now, citing slimmer margins as the primary reason.

What will be interesting to see is when our economy does see a marked improvement and the BoC sees fit to raise the rates again, will the lenders raise prime directly with that increase? It would be fantastic if they used the 0.25 per cent currently banked as a buffer to those future increases. I would expect to see them move up 0.25 per cent if the BoC raises the rate by 0.25 per cent.

Our economy improvement target dates seem to be moving constantly. Now many economists are suggesting that we may not see the desired improvement until late 2017 which will likely result in continued low rates for some time. Until then, our new normal, low rate environment shall persist.

Kris Grasty is a mortgage broker with Dominion Lending Centre’s

Canadian Mortgage Experts and and a Finalist in the 2014 Canadian Mortgage Awards.

Kris maintains a strong focus on educating clients on all options.

For more information visit his website at www.krisgrasty.ca

or reach him at [email protected].

Big newsBANK OF CANADA REDUCES THE OVERNIGHT LENDING RATE, AGAIN! By Kris Grasty


GROUP


SURREY/LANGLEY

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ATHLETIC PARK

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King George Hwy

King George Hwy

1. BEVERLEY1458 Vidol Stbeverleybycressey.com604.560.0075

2. ELGIN HOUSE3323 - 151st St604.541.8092

3. GEMINI15336 - 17A Ave604.536.1663

4. ADAGIO20th Ave. & 154th St.604.531.6659

5. HEIGHTS CONDOS2855 156th Street, Surrey778.545.8737

6. ROYCE14855 Thrift Ave604.538.8028

7. EDGEWATER36 Ave & 152nd St.604.818.5603

SOUTH SURREY / WHITE ROCK

2

7

5

6

1

3

4

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S O U T H S U R R E Y | W H I T E R O C K


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King George Hwy

King George Hwy

1. BEVERLEY1458 Vidol Stbeverleybycressey.com604.560.0075

2. ELGIN HOUSE3323 - 151st St604.541.8092

3. GEMINI15336 - 17A Ave604.536.1663

4. ADAGIO20th Ave. & 154th St.604.531.6659

5. HEIGHTS CONDOS2855 156th Street, Surrey778.545.8737

6. ROYCE14855 Thrift Ave604.538.8028

7. EDGEWATER36 Ave & 152nd St.604.818.5603

SOUTH SURREY / WHITE ROCK

2

7

5

6

1

3

4

Early Bird Special! Up to $15,000 off Condo Homes.2855 156 Street, Surrey | Open Saturday & Sunday 12-5 pm (or any time by appointment) | www.theheightsliving.ca | 778-545-8737

CONDO HOMESat

BY LAKEWOOD

S O U T H S U R R E Y | W H I T E R O C K


SOUTH SURREY/WHITE ROCK

The Residences at Lynn Valley

North VancouverON THE STREET: 1199 Lynn Valley RoadON THE WEB: lynnvalleyresidences.comINFO: 604.377.5520HIGHLIGHTS: Previews are anticipated to begin at the end of September with sales commencing in October. Poised to become the fi rst concrete, multi-family in Lynn Valley, the initial phase will bring a diverse range of apartment residences including spacious three-bedroom and three with den fl oor plans. This environmentally-savvy, master planned community will ultimately feature six buildings and introduce over 350 homes to the neighbourhood. There will also be new, ground level commercial/retail including a Save-On, boutiques, and services. Amazing views to the Burnaby skyline and beyond. Priority register so you’re on the list for preview access.

The Mews

MissionON THE STREET: 33755 – 7th AvenueINFO: 604.787.0553HIGHLIGHTS: Grand re-open of fi nal phase in this lowrise development located adjacent to Heritage Park and overlooking the Fraser River, Mount Baker, and the Fraser Valley. Spacious one- and two-bedroom homes featuring air conditioning, gourmet kitchens, and expansive balconies. Prices start at $229,900 for 975-square-foot one-bedrooms or $259,900 for 1070-square-foot two-bedrooms (net GST included). Open 1-3 p.m. Sundays or by appointment anytime.

Harbour Walk

RichmondON THE STREET: 13040 Number 2 RoadPRESENTATION CENTRE: 12235 No 1 RoadON THE WEB: harbourwalkcollection.comINFO: 604.274.7326HIGHLIGHTS: Anticipated to be55 condominium homes, Harbour Walk will be located in Richmond’s charming Steveston neighbourhood. This four-storey property will o� er modern residences including penthouses, condominiums and city homes. Great location surrounded by a rich variety of recreational, community amenities, and public spaces. Plus you’re just minutes from some of the best fi sh and chip in the Lower Mainland. Priority register today so you’re kept up to date as new information gets released.

Condominium homes to keep your eye onBy Susan M Boyce

CONDO WATCH

The Gardens

RichmondON THE STREET: No. 5 Road and Westminster HwyPRESENTATION CENTRE: 232 – 10880 No. 5 RoadON THE WEB: liveatthegardens.caINFO: 604.271.3331HIGHLIGHTS: Only a few homes remain in the initial release of this master planned community by Townline Homes. But if the thought of living in a lush, garden-like setting surrounded by 12 acres of dedicated parkland with trails, community garden, and even a contemplative secret garden excites you, be sure to register online because a new phase is on schedule to launch early in 2016. In the meantime, the presentation centre is open by appointment only — be sure to ask about special incentives on remaining homes.

Green Oak on 7th

VancouverON THE STREET: West 7th Avenue and YewON THE WEB: greenoakdynasty.com/west7HIGHLIGHTS: Priority registration now underway for this upscale, boutique residence in the heart of Kitsilano. Pre-sales anticipated to begin in July. Contemporary architecture with brick, stone, and wood. A rare opportunity in this sought-after neighbourhood.

Tell Us Your NewsGot a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop us a note at condomarketwatch@@ypnexthome.ca, and we’ll do our best to get it in the next edition.

CONDO MARKET WATCH


The Residences at Lynn Valley

North VancouverON THE STREET: 1199 Lynn Valley RoadON THE WEB: lynnvalleyresidences.comINFO: 604.377.5520HIGHLIGHTS: Previews are anticipated to begin at the end of September with sales commencing in October. Poised to become the fi rst concrete, multi-family in Lynn Valley, the initial phase will bring a diverse range of apartment residences including spacious three-bedroom and three with den fl oor plans. This environmentally-savvy, master planned community will ultimately feature six buildings and introduce over 350 homes to the neighbourhood. There will also be new, ground level commercial/retail including a Save-On, boutiques, and services. Amazing views to the Burnaby skyline and beyond. Priority register so you’re on the list for preview access.

The Mews

MissionON THE STREET: 33755 – 7th AvenueINFO: 604.787.0553HIGHLIGHTS: Grand re-open of fi nal phase in this lowrise development located adjacent to Heritage Park and overlooking the Fraser River, Mount Baker, and the Fraser Valley. Spacious one- and two-bedroom homes featuring air conditioning, gourmet kitchens, and expansive balconies. Prices start at $229,900 for 975-square-foot one-bedrooms or $259,900 for 1070-square-foot two-bedrooms (net GST included). Open 1-3 p.m. Sundays or by appointment anytime.

Harbour Walk

RichmondON THE STREET: 13040 Number 2 RoadPRESENTATION CENTRE: 12235 No 1 RoadON THE WEB: harbourwalkcollection.comINFO: 604.274.7326HIGHLIGHTS: Anticipated to be55 condominium homes, Harbour Walk will be located in Richmond’s charming Steveston neighbourhood. This four-storey property will o� er modern residences including penthouses, condominiums and city homes. Great location surrounded by a rich variety of recreational, community amenities, and public spaces. Plus you’re just minutes from some of the best fi sh and chip in the Lower Mainland. Priority register today so you’re kept up to date as new information gets released.

Condominium homes to keep your eye onBy Susan M Boyce

CONDO WATCH

The Gardens

RichmondON THE STREET: No. 5 Road and Westminster HwyPRESENTATION CENTRE: 232 – 10880 No. 5 RoadON THE WEB: liveatthegardens.caINFO: 604.271.3331HIGHLIGHTS: Only a few homes remain in the initial release of this master planned community by Townline Homes. But if the thought of living in a lush, garden-like setting surrounded by 12 acres of dedicated parkland with trails, community garden, and even a contemplative secret garden excites you, be sure to register online because a new phase is on schedule to launch early in 2016. In the meantime, the presentation centre is open by appointment only — be sure to ask about special incentives on remaining homes.

Green Oak on 7th

VancouverON THE STREET: West 7th Avenue and YewON THE WEB: greenoakdynasty.com/west7HIGHLIGHTS: Priority registration now underway for this upscale, boutique residence in the heart of Kitsilano. Pre-sales anticipated to begin in July. Contemporary architecture with brick, stone, and wood. A rare opportunity in this sought-after neighbourhood.

Tell Us Your NewsGot a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop us a note at condomarketwatch@@ypnexthome.ca, and we’ll do our best to get it in the next edition.

CONDO MARKET WATCH


SOUTH SURREY/WHITE ROCK

NOON–6PM (CLOSED FRIDAYS)

[email protected]

THEBREWERYDISTRICT.CA

604.525.3941

SALES CENTRE

285 NELSON’S COURT

AT SAPPERTON SKYTRAIN STATION

NEW WESTMINSTER

E C

OL

UM

BIA

ST

BRU

NETTE

AV

E

This is not an offering for sale. One can only be made by way of a disclosure statement. Prices are subject to changed without notice. E.&O.E.

1 B E D S F R O M $ 2 5 9 , 9 0 0 2 B E D S F R O M $ 3 6 0 , 9 0 0

ONLY 30 H

OMES REMAIN

T H E L O W E R M A I N L A N D ’ S B E S T V A L U E on T R A N S I T

BURNABYA2. REDBRICK

Griffiths Dr & 14th Ave 604.527.7955

A3. AVIARA 4189 Halifax Street 604.291.9130

A4. MODELLO 5021 Kingsway 604.456.0688

A5. BRENTWOOD 4567 Lougheed Hwy. 604.563.8386

A6. NOVELLA 170 - 3355 North Rd 604.563.5777

A7. STATION SQUARE 4670 Assemble Way stationsquare.ca

A8. ALTITUDE 89955 University High Street 604.456.8883

A10. CROWN Presentation Centre #104 - 552 Clarke Rd 604.939.8868

A10. ALDYNNE ON THE PARK 5808 Patterson Ave 604.451.9517

A11. MADISON & DAWSON 604.428.0210

B U R N A BY | N E W W E S T M I N S T E R

B1. NORTHBANK 125 Columbia St 604.523.0081

B2. PORTAGE PORT ROYAL 260 Salter St 778-398-1344

B3. TRAPP & HOLBROOK 702 Columbia St 604.525.0223

B4. RIVERSKY2 659 Columbia St 604.522.2583

B5. THE SAPPERTON AT BREWERY DISTRICT 285 Nelson's Court 604.525.3941

NEW WESTMINSTER

Lougheed Hwy

GAGLARDI WAY

GAGLARDI WAY

UNIVERSITY DR W

UNIVERSITY DR EGREYSTONE DR

MARINE WAY

MARINE DRMARINE WAY MARINE DR

SOUTHRIDGE DR

HASTINGS STHASTINGS ST

MCBRIDE

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8TH ST

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6TH AVE

6TH AVE8TH AVE

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8TH AVE

8TH AVE

BRAID STBRAID ST

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CANADA WAY

CANADA WAY

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16TH AVE

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NO

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RD

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RTH

RD

AUSTIN AVEAUSTIN AVE

IMPERIAL STIMPERIAL ST

IMPERIAL ST

IMPERIAL ST

EWEN AVE

EWEN AVE

DUNCAN STDUNCAN ST

DERW

ENT W

AY

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ENT W

AY

BOYD ST

BOYD ST

CENTRALPARK

CENTRALPARK

DEER LAKE PARK

DEER LAKE PARK

QUEEN’SPARK

QUEEN’SPARK

SQUINT LAKEPARK

SQUINT LAKEPARK

BURNABYMOUNTAIN

GOLF COURSE

BURNABYMOUNTAIN

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PARK

BURNABYMOUNTAIN

PARK

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BARNET MARINEPARK

CONFEDERATIONPARK

CONFEDERATIONPARK

BURNABY LAKE REGIONAL PARKBURNABY LAKE REGIONAL PARK

SFUSFU

BCITBCIT

BRENTWOODMALL

BRENTWOODMALL

METROTOWNMETROTOWN

LOUGHEEDMALL

LOUGHEEDMALL

DEER LAKEDEER LAKE

CLARKE

RD

CLARKE

RD

CUMBERLAND ST

CUMBERLAND ST

ROYAL AVE

ROYAL AVE

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49TH AVE

Barnet Hwy W

ILLI

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WIL

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GIL

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GRIFFITHS DR

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BO

UN

DA

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BO

UN

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RY

RD

A2A1

A3

A4A7

A11

A10

A5

A6

A9

A8

B5

B1B4

B2

B3

NOON–6PM (CLOSED FRIDAYS)

[email protected]

THEBREWERYDISTRICT.CA

604.525.3941

SALES CENTRE

285 NELSON’S COURT

AT SAPPERTON SKYTRAIN STATION

NEW WESTMINSTER

E C

OL

UM

BIA

ST

BRU

NETTE

AV

E

This is not an offering for sale. One can only be made by way of a disclosure statement. Prices are subject to changed without notice. E.&O.E.

1 B E D S F R O M $ 2 5 9 , 9 0 0 2 B E D S F R O M $ 3 6 0 , 9 0 0

ONLY 30 H

OMES REMAIN

T H E L O W E R M A I N L A N D ’ S B E S T V A L U E on T R A N S I T

BURNABYA2. REDBRICK

Griffiths Dr & 14th Ave 604.527.7955

A3. AVIARA 4189 Halifax Street 604.291.9130

A4. MODELLO 5021 Kingsway 604.456.0688

A5. BRENTWOOD 4567 Lougheed Hwy. 604.563.8386

A6. NOVELLA 170 - 3355 North Rd 604.563.5777

A7. STATION SQUARE 4670 Assemble Way stationsquare.ca

A8. ALTITUDE 89955 University High Street 604.456.8883

A10. CROWN Presentation Centre #104 - 552 Clarke Rd 604.939.8868

A10. ALDYNNE ON THE PARK 5808 Patterson Ave 604.451.9517

A11. MADISON & DAWSON 604.428.0210

B U R N A BY | N E W W E S T M I N S T E R

B1. NORTHBANK 125 Columbia St 604.523.0081

B2. PORTAGE PORT ROYAL 260 Salter St 778-398-1344

B3. TRAPP & HOLBROOK 702 Columbia St 604.525.0223

B4. RIVERSKY2 659 Columbia St 604.522.2583

B5. THE SAPPERTON AT BREWERY DISTRICT 285 Nelson's Court 604.525.3941

NEW WESTMINSTER

Lougheed Hwy

GAGLARDI WAY

GAGLARDI WAY

UNIVERSITY DR W

UNIVERSITY DR EGREYSTONE DR

MARINE WAY

MARINE DRMARINE WAY MARINE DR

SOUTHRIDGE DR

HASTINGS STHASTINGS ST

MCBRIDE

MCBRIDE

BO

UN

DA

RY

RD

BO

UN

DA

RY

RD

INLE

T D

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INLE

T D

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SP

ER

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G A

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SP

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G A

VE

CLI

FF

AV

EC

LIF

F A

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BROADWAYBROADWAY

8TH ST

8TH ST6TH ST

6TH ST

6TH AVE

6TH AVE8TH AVE

8TH AVE

8TH AVE

8TH AVE

BRAID STBRAID ST

10TH AVE

10TH AVE

10TH AVE

10TH AVE

HO

LDO

M A

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HO

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M A

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WIL

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GD

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AV

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ILLI

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PATT

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SO

N A

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PATT

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CANADA WAY

CANADA WAY

CANADA WAY

CANADA WAY

16TH AVE

16TH AVE

NO

RTH

RD

NO

RTH

RD



IMPERIAL ST

IMPERIAL ST

EWEN AVE

EWEN AVE

DUNCAN STDUNCAN ST

DERW

ENT W

AY

DERW

ENT W

AY

BOYD ST

BOYD ST

CENTRALPARK

CENTRALPARK

DEER LAKE PARK

DEER LAKE PARK

QUEEN’SPARK

QUEEN’SPARK

SQUINT LAKEPARK

SQUINT LAKEPARK

BURNABYMOUNTAIN

GOLF COURSE

BURNABYMOUNTAIN

GOLF COURSE

BURNABYMOUNTAIN

PARK

BURNABYMOUNTAIN

PARK

BARNET MARINEPARK

BARNET MARINEPARK

CONFEDERATIONPARK

CONFEDERATIONPARK

BURNABY LAKE REGIONAL PARKBURNABY LAKE REGIONAL PARK

SFUSFU

BCITBCIT

BRENTWOODMALL

BRENTWOODMALL

METROTOWNMETROTOWN

LOUGHEEDMALL

LOUGHEEDMALL

DEER LAKEDEER LAKE

CLARKE

RD

CLARKE

RD

CUMBERLAND ST

CUMBERLAND ST

ROYAL AVE

ROYAL AVE

KINGSWAY

KINGSWAY

SPROTT STSPROTT ST

49TH AVE

Barnet Hwy

WIL

LIN

GD

ON

AV

EW

ILLI

NG

DO

N A

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OAKLAND ST

GIL

LEY

AV

EG

ILLE

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GRIFFITHS DR

GRIFFITHS DR

STEWARDSON WAY

BO

UN

DA

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BO

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DA

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RD

A2A1

A3

A4A7

A11

A10

A5

A6

A9

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B5

B1B4

B2

B3

BERESFORD ST

NEL

SON

AVE

ROYA

L O

AK

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ILLI

NGD

ON

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KINGSWAY

MA

RLBO

ROU

GH

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PRESENTATION CENTRE


BURNABY/NEW WESTMINSTER

An open, inviting lounge with chef’s kitchen gives flexible entertaining options for tenants and owners at Harmony.

A low maintenance, cost effective basketball court is one of The Gardens’ popular fitness bonuses.

Outdoor spaces like Harmony’s Zen garden are value added amenities that increase tenant appeal.

Q: There’s an old adage that size counts. How does size figure into the rental condo equation?A: Generally speaking, the closer you are to an urban core, the higher the demand for studio or one-bedroom rentals — in large part because rents on smaller spaces are more affordable. So not only is your potential tenant pool is larger, but you’ll generally only be dealing with a single individual or couple and one rent cheque — as opposed to a two-bedroom where you may end up with two individuals renting the one space.

On the positive side, larger suites — with two or three bedrooms — are more attractive to families who most often want the stability of staying in the same place for a longer term. They also want proximity to good schools which might not be as important to young professionals.

Q: What features and finishings make a good rental condo?A: Most tenants expect certain level of contemporary finishings, but some features will give many private rentals an edge over older, purpose built structures — in-suite laundry, a built-in workstation/desk, and private outdoor spaces like balconies are examples.

Low maintenance, low cost amenities like a fitness area, secure bike storage, and onsite car share also tend to resonate with tenants because it’s easy to see the added value — I can get rid of my gym membership because I can work out in the building. A full-time concierge adds to the cost of strata fees and, therefore, the rent, without creating much value for the average person.

Keep in mind that most tenants in urban areas are looking for a lifestyle that’s convenient and flexible. The more you can do to provide it, the more attractive your suite.

Q: How about parking?A: Rental units without parking are becoming increasingly popular in inner city locations — areas on transit or walking distance to amenities. Let’s face it, if you’ve got a bike, you’re

Low maintenance, low cost amenities like a fitness area, secure bike storage, and onsite car share also tend to resonate with tenants because it’s easy to see the added value.

close to the bus or SkyTrain, and you have some kind of car co-op onsite or nearby, many tenants are happy to save the $100 to $150 per month that they’d have to pay for parking they don’t need.

However, once you’re out in the suburbs, at least one parking is usually necessary because transit isn’t as readily available.

Q: Any final advice?A: Always do your due diligence… always. Vet your tenants. Call past employers or landlords. If a prospective tenant can’t provide contact info be very, very skeptical because once they’ve moved in, it can be difficult to get rid of a bad tenant. Run a credit check and insist on a certified cheque for the first month and damage deposit.

Educate yourself. Familiarize yourself with the Tenancy Act and your responsibilities as a landlord. Be sure you understand the strata’s rules and regulations about pets, kids, and rentals.

And remember to get insurance to cover any costs like deducible that could arise if your tenant does something like let the bathtub overflow and creates damage to the suite below.

Finally, enjoy your investment.

To check out Townline’s many condominium and townhouse communities, visit townline.ca.

EXPANDING YOUR REAL ESTATE INVESTMENT PORTFOLIO

10 Minutes with Chris Colbeck

10 MINUTES WITH…

Buy land: they ain’t making any more of it. Usually attributed to Mark Twain, other times to Will

Rogers, the sentiment of this well-known advice has been the foundation of many fortunes. Although the 21st Century move to urban densification has changed the definition of “land,” most successful investors still consider real estate a cornerstone of financial success — and a condo’s lower price point, hassle-free maintenance, and high demand from tenants could make this the perfect first step into the world of being a landlord.

This issue, New Condo Guide chats with Chris Colbeck, Townline’s vice president of sales and marketing, about some of the ins and outs of adding a rental condominium to your investment portfolio.

Q: What’s the starting point for someone considering condo purchase as an investment?A: First, identify your investment objective. Are you looking for immediate cash flow or long-term capital appreciation?

If you’re planning to hold the property long-term, it may not matter whether there’s a positive cash flow — as long as the rent covers the mortgage and strata fees with a bit of a cushion — because your tenants will be paying off the mortgage so your equity is building. On the other hand, if you want positive cash flow from day one, you’ll probably need a higher down payment so the property generates revenue immediately.

There’s no right or wrong… it’s just a matter of personal investment style and goals.

Next, set a budget. Know how much you have for a down payment — don’t forget it’s unlikely you’ll get a high ratio mortgage on an investment condo. Factor in the strata fees, property taxes, and insurance costs and figure out how much you need to generate every month in revenue. If you decide you’re going to outsource the day-to-day management, you’ll have to add those costs too.

Other considerations are knowing who your tenants are most likely to be — students, professionals, downsizers — whether you will rent month to month or require a year lease, and if you want to rent furnished or unfurnished.

Research sites like Craig’s List or call a property manager to figure out how much you should charge. If rents are going for more than your anticipated monthly outlay, you’re on your way.

By Susan M BoyceQ&A

Multi-purpose furnishings increase functionality at Townline’s 999 Seymour tower in downtown Vancouver. Chris Colbeck


SUITES ARE MOVE IN READY

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Mary Hill Bypass

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Lougheed Hwy

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C O Q U I T L A M

C E N T R E

C O Q U I T L A M

C E N T R E

PIN

ETR

EE W

AY

PIN

ETR

EE W

AY

110TH AVE110TH AVE

Lougheed Hw

y

Lougheed Hw

y

Barnet Hwy

Barnet Hwy

THERMAL DR

THERMAL DR

PAR

KWAY

BLV

D

PAR

KWAY

BLV

D

PLATEAU

BLVD

PLATEAU

BLVD

JOH

NS

ON

ST

JOH

NS

ON

ST

CLARKE

RD

CLARKE

RD

BRUNETTE AVE

BRUNETTE AVE

Lougheed Hwy

Lougheed Hwy

CO

AS

T M

ER

IDIA

N R

DC

OA

ST

ME

RID

IAN

RD

CO

AS

T M

ER

IDIA

N R

DC

OA

ST

ME

RID

IAN

RD

SHAU

GH

NES

SY S

T

SHAU

GH

NES

SY S

T

OTT

AW

A S

TO

TTA

WA

ST

P I T T M E A D O W S | M A P L E R I D G E

1

3

24

1. SIGNATURE AT FALCON CENTRE 11862 226th Street 604.477.1500

2. REFLECTIONS ON THE RIVER 22327 River Road 604.477.1500

3. STATION ONE 12070 227th St. 778.878.1347

A4. RIVER'S EDGE 11580 223rd St 604-453-4965

MAPLE RIDGE

AAAAAAA


SUITES ARE MOVE IN READY

Lougheed Hwy

Lougheed Hwy

Mary Hill Bypass

Mary Hill Bypass

Lougheed Hwy

Lougheed Hwy


Loug

heed

Hw

y

Loug

heed

Hw

y



LIN

TON

ST

LIN

TON

ST




IOCO RDIOCO RD

LANSDOWNE DR

LANSDOWNE DR

DAVID AVEDAVID AVE

DAVID AVE

DAVID AVE

GAT

EN

SB

UR

Y S

TG

ATE

NS

BU

RY

ST




VICTO

RIA D

R

VICTO

RIA D

R

PRAIRIE AVEPRAIRIE AVE

CE

DA

R D

RC

ED

AR

DR

KINGSWAY AVE

KINGSWAY AVE

NO

RTH

RD

NO

RTH

RD

MU

ND

Y S

TM

UN

DY

ST




FORD RDFORD RD

21

0TH

ST

21

0TH

ST


RIVER RDRIVER RD


108TH AVE108TH AVE

104TH AVE104TH AVE

102TH AVE102TH AVE

JAC

KSO

N

JAC

KSO

N


20

3R

D S

T2

03

RD

ST

207

TH S

T2

07TH

ST

HA

RR

IS R

DH

AR

RIS

RD


HA

RR

IS R

DH

AR

RIS

RD

S B

ON

SO

N R

DS

BO

NS

ON

RD

21

6TH

ST

21

6TH

ST

123RD AVE123RD AVE

124TH AVE124TH AVE

22

4TH

ST

22

4TH

ST

22

7TH

ST

22

7TH

ST

22

8TH

ST

22

8TH

ST

22

4TH

ST

22

4TH

ST

116TH AVE 116TH AVE

KANAKA WAY

KANAKA WAY

23

2R

D S

T2

32

RD

ST

24

0TH

ST

24

0TH

ST

24

0TH

ST

24

0TH

ST

24

8TH

ST

24

8TH

ST

272

ND

ST

272

ND

ST

DAWES HILL RD

DAWES HILL RD

BLU

E M

OU

NTA

IN S

T B

LUE

MO

UN

TAIN

ST

MA

RIN

ER

WAY

M

AR

INE

R W

AY

M U N D Y P A R KM U N D Y P A R K

F R A S E R R I V E RF R A S E R R I V E R

C O M O

L A K E

P A R K

C O M O

L A K E

P A R K

C O L O N Y F A R M


C O L O N Y F A R M


M E A D O W

G A R D E N S

G O L F C O U R S E

M E A D O W

G A R D E N S

G O L F C O U R S E

D E R B Y R E A C H


D E R B Y R E A C H


G O L D E N E A R S

B R I D G E

G O L D E N E A R S

B R I D G E

K A N A K A

C R E E K

R E G I O N A L

P A R K

K A N A K A

C R E E K

R E G I O N A L

P A R K

I N L E T

P A R K

I N L E T

P A R KR O C K Y P O I N T

P A R K

R O C K Y P O I N T

P A R K

S H O R E L I N E

P A R K

S H O R E L I N E

P A R K

P I O N E E R

M E M O R I A L

P A R K

P I O N E E R

M E M O R I A L

P A R K

R I D G E

P A R K

R I D G E

P A R K

T O W N

C E N T R E

P A R K

T O W N

C E N T R E

P A R K


A I R P O R T


A I R P O R T

C O Q U I T L A M

C E N T R E

C O Q U I T L A M

C E N T R E

PIN

ETR

EE W

AY

PIN

ETR

EE W

AY

110TH AVE110TH AVE

Lougheed Hw

y

Lougheed Hw

y

Barnet Hwy

Barnet Hwy

THERMAL DR

THERMAL DR

PAR

KWAY

BLV

D

PAR

KWAY

BLV

D

PLATEAU

BLVD

PLATEAU

BLVD

JOH

NS

ON

ST

JOH

NS

ON

ST

CLARKE

RD

CLARKE

RD

BRUNETTE AVE

BRUNETTE AVE

Lougheed Hwy

Lougheed Hwy

CO

AS

T M

ER

IDIA

N R

DC

OA

ST

ME

RID

IAN

RD

CO

AS

T M

ER

IDIA

N R

DC

OA

ST

ME

RID

IAN

RD

SHAU

GH

NES

SY S

T

SHAU

GH

NES

SY S

T

OTT

AW

A S

TO

TTA

WA

ST

P I T T M E A D O W S | M A P L E R I D G E

1

3

24

1. SIGNATURE AT FALCON CENTRE 11862 226th Street 604.477.1500

2. REFLECTIONS ON THE RIVER 22327 River Road 604.477.1500

3. STATION ONE 12070 227th St. 778.878.1347

A4. RIVER'S EDGE 11580 223rd St 604-453-4965

MAPLE RIDGE

AAAAAAA


PITT MEADOWS/MAPLE RIDGE

NOW SELLING

Water Views • Folding Accordion Doors Lead to Large Outdoor Living SpacesOver-sized Windows • Spacious Kitchens with Gas Ranges • Exquisite Bathrooms

Over-sized Tile Surround Shower • Walking Distance to West Coast Express

MOVEMENT IS LIFE

LOOKINGFOR A NEW HOME?

It’s only a tap away.

Find the perfect new home or condoin the neighbourhood that fi ts your lifestyle.

START SEARCHING NOW!

download the app visit us online

NOW SELLING

Water Views • Folding Accordion Doors Lead to Large Outdoor Living SpacesOver-sized Windows • Spacious Kitchens with Gas Ranges • Exquisite Bathrooms

Over-sized Tile Surround Shower • Walking Distance to West Coast Express

MOVEMENT IS LIFE

LOOKINGFOR A NEW HOME?

It’s only a tap away.

Find the perfect new home or condoin the neighbourhood that fi ts your lifestyle.

START SEARCHING NOW!

download the app visit us online


PITT MEADOWS/MAPLE RIDGE

Canada’s most significant

WAT E R F R O N T C O M M U N I T YAspac Developments Ltd., the developer of Coal Harbour, is proud to present their latest exclusive waterfront community - River Green.

Experience the new benchmark in luxury waterfront living along 1.1 kilometres of majestic shoreline. Awarded the 2014 Urban Development Institute

Award of Excellence for the Best Master Planned Community, River Green is Richmond’s most valued and sought after luxury residences.

2 R I V E R G R E E N

I S C O M I N G T H I S F A L L

ONLINE PRIORITY REGISTRATION


I S M O V E I N R E A D Y

NOW SELL I NG

Illustration reflects the artist’s interpretation of the project and may be noticeably different than what is depicted.This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.

604.233.2633www.r ivergreen.com

A1. RIVER GREEN 5171 Brighouse Way 604.233.2633

A2. TEMPO 7720 Alderbridge Ave 604.276.8885

A3. ELLE 6511 Buswell St ellerichmond.com

A4. ORCHID #3Rd & Landsdown Rd orchidbybeedie.ca

R I C H M O N D | D E LTA | L A D N E R | T S AW WA S S E N

Fras

er R

iver

WESTMINSTER HWYWESTMINSTER HWY

GRANVILLE AVEGRANVILLE AVE

BLUNDELL RDBLUNDELL RD

FRANCIS RDFRANCIS RD

BRIDGEPORT RDBRIDGEPORT RD

RIVER DRRIVER DR

NO

6 R

DN

O 6

RD

NO

6 R

DN

O 6

RD

NO

5 R

DN

O 5

RD

KN

IGH

T S

TK

NIG

HT

ST

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

SH

ELL

RD

SH

ELL

RD

NO

3 R

DN

O 3

RD

41

ST

B S

T4

1S

T B

ST

53

RD

ST

53

RD

ST

AR

THU

R D

RA

RTH

UR

DR

RIVER RD W

RIVER RD W

47TH A AVE47TH A AVE

56

TH S

T5

6TH

ST

28TH AVE28TH AVE

62

ND

B S

T6

2N

D B

ST

RIVER RD

RIVER RD

48TH AVE48TH AVE

RIVER

RD

RIVER

RD

BURNS DR

BURNS DR

VANCOUVERINTERNATIONALAIRPORT (YVR)


99

17

17

99

91

DEAS ISLANDREGIONAL

PARK

DEAS ISLANDREGIONAL

PARK

GARRY POINTPARK

GARRY POINTPARK

RICHMONDNATURE PARK

RICHMONDNATURE PARK

SOUTH ARMPARK

SOUTH ARMPARK

1ST AVE1ST AVE

12TH AVE12TH AVE

EN

GLI

SH

BLU

FF

RD

EN

GLI

SH

BLU

FF

RD

6TH AVE6TH AVE

4TH AVE4TH AVE

FINN RDFINN RD

CAMBIE RDCAMBIE RDCAMBIE RDCAMBIE RD

RICHMONDCENTRE

RICHMONDCENTRE

LANSDOWNEPARK MALL

LANSDOWNEPARK MALL

GRANT MCCONACHIE WAY

RUSS BAKER W

AY

RIVER DRRIVER DR

Richmond Hwy

Westminster Hwy

GA

RD

EN

CIT

Y R

DG

AR

DE

N C

ITY

RD

ALDERBRIDGE WAYALDERBRIDGE WAY



NO

1 R

DN

O 1

RD

RA

ILW

AY A

VE

RA

ILW

AY A

VE

NO

2 R

DN

O 2

RD

GIL

BE

RT

RD

GIL

BE

RT

RD

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

NO

5 R

DN

O 5

RD

Steveston HwySteveston Hwy

MONCTON STMONCTON ST

WILLIAMS RDWILLIAMS RD


R IC H MON D

A3

A4

A2A1

NORTH DE LTAPAR K

NORTH DE LTAPAR K

DE LTA NATU R ER E S E RVE


MACKI EPAR K

MACKI EPAR K

CHALM E RSPAR K

CHALM E RSPAR K

MONROE DR

WILTSHIRE BLVDSANTA MONICA DR

BA

RRYM

OR

E DR

80 AVE

80 AVE

82 AVE

84 AVE

90 AVE

96 AVE

78B AVE

11

9A

ST

11

8 S

T

72 AVE

NORDEL W

AY

NO

RD

EL W

AY

RIVER R

D

Annacis H

wy

11

2 S

T1

12

ST

11

3 S

T

11

5 S

T

11

6 S

T1

16

ST

91

75 AVE75A AVE

74 AVE

SC

OTT R

D

NOR TH D E LTA

Fras

er R

iver






RIVER DRRIVER DR

NO

6 R

DN

O 6

RD

NO

6 R

DN

O 6

RD

NO

5 R

DN

O 5

RD

KN

IGH

T S

TK

NIG

HT

ST

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

SH

ELL

RD

SH

ELL

RD

NO

3 R

DN

O 3

RD

41

ST

B S

T4

1S

T B

ST

53

RD

ST

53

RD

ST

AR

THU

R D

RA

RTH

UR

DR

RIVER RD W

RIVER RD W


56

TH S

T5

6TH

ST

28TH AVE28TH AVE

62

ND

B S

T6

2N

D B

ST

RIVER RD

RIVER RD

48TH AVE48TH AVE

RIVER

RD

RIVER

RD

BURNS DR

BURNS DR



99

17

17

99

91

DEAS ISLANDREGIONAL

PARK

DEAS ISLANDREGIONAL

PARK

GARRY POINTPARK

GARRY POINTPARK

RICHMONDNATURE PARK

RICHMONDNATURE PARK

SOUTH ARMPARK

SOUTH ARMPARK

1ST AVE1ST AVE

12TH AVE12TH AVE

EN

GLI

SH

BLU

FF

RD

EN

GLI

SH

BLU

FF

RD

6TH AVE6TH AVE

4TH AVE4TH AVE

FINN RDFINN RD


RICHMONDCENTRE

RICHMONDCENTRE

LANSDOWNEPARK MALL

LANSDOWNEPARK MALL


RUSS BAKER W

AY

RIVER DRRIVER DR

Richmond Hwy

Westminster Hwy

GA

RD

EN

CIT

Y R

DG

AR

DE

N C

ITY

RD




NO

1 R

DN

O 1

RD

RA

ILW

AY A

VE

RA

ILW

AY A

VE

NO

2 R

DN

O 2

RD

GIL

BE

RT

RD

GIL

BE

RT

RD

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

NO

5 R

DN

O 5

RD





L AD N E R

53

A S

T

BEACH GROVE ROAD

55

ST

53

A S

T

8A AVE 8A AVE

18 AVE

55 ST

52

ST

52

ST

JAC

KS

ON

WAY

B EACH G ROVEGOLF COU RS EB EACH G ROVEGOLF COU RS E

COASTTSAWWASS E N I N N


G RAU E RPAR K

G RAU E RPAR K

TSAWWASS E NGOLF CLU B


S PLAS H DOWNPAR K

S PLAS H DOWNPAR K

SOUTHDE LTA PAR K

SOUTHDE LTA PAR K

CE M ETE RYCE M ETE RY

BOU N DARY BAYR EG IONAL PAR KBOU N DARY BAYR EG IONAL PAR K

56

ST

56

ST

12 AVE 12 AVE

EN

GLIS

H B

LUFF R

D17

TSAW WA S SE N

RICHMOND

B1

AAAAAAA


Canada’s most significant

WAT E R F R O N T C O M M U N I T YAspac Developments Ltd., the developer of Coal Harbour, is proud to present their latest exclusive waterfront community - River Green.

Experience the new benchmark in luxury waterfront living along 1.1 kilometres of majestic shoreline. Awarded the 2014 Urban Development Institute

Award of Excellence for the Best Master Planned Community, River Green is Richmond’s most valued and sought after luxury residences.


I S C O M I N G T H I S F A L L

ONLINE PRIORITY REGISTRATION


I S M O V E I N R E A D Y

NOW SELL ING

Illustration reflects the artist’s interpretation of the project and may be noticeably different than what is depicted.This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.

604.233.2633www.r ivergreen.com

A1. RIVER GREEN 5171 Brighouse Way 604.233.2633

A2. TEMPO 7720 Alderbridge Ave 604.276.8885

A3. ELLE 6511 Buswell St ellerichmond.com

A4. ORCHID #3Rd & Landsdown Rd orchidbybeedie.ca

R I C H M O N D | D E LTA | L A D N E R | T S AW WA S S E N

Fras

er R

iver






RIVER DRRIVER DR

NO

6 R

DN

O 6

RD

NO

6 R

DN

O 6

RD

NO

5 R

DN

O 5

RD

KN

IGH

T S

TK

NIG

HT

ST

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

SH

ELL

RD

SH

ELL

RD

NO

3 R

DN

O 3

RD

41

ST

B S

T4

1S

T B

ST

53

RD

ST

53

RD

ST

AR

THU

R D

RA

RTH

UR

DR

RIVER RD W

RIVER RD W


56

TH S

T5

6TH

ST

28TH AVE28TH AVE

62

ND

B S

T6

2N

D B

ST

RIVER RD

RIVER RD

48TH AVE48TH AVE

RIVER

RD

RIVER

RD

BURNS DR

BURNS DR



99

17

17

99

91

DEAS ISLANDREGIONAL

PARK

DEAS ISLANDREGIONAL

PARK

GARRY POINTPARK

GARRY POINTPARK

RICHMONDNATURE PARK

RICHMONDNATURE PARK

SOUTH ARMPARK

SOUTH ARMPARK

1ST AVE1ST AVE

12TH AVE12TH AVE

EN

GLI

SH

BLU

FF

RD

EN

GLI

SH

BLU

FF

RD

6TH AVE6TH AVE

4TH AVE4TH AVE

FINN RDFINN RD


RICHMONDCENTRE

RICHMONDCENTRE

LANSDOWNEPARK MALL

LANSDOWNEPARK MALL


RUSS BAKER W

AY

RIVER DRRIVER DR

Richmond Hwy

Westminster Hwy

GA

RD

EN

CIT

Y R

DG

AR

DE

N C

ITY

RD




NO

1 R

DN

O 1

RD

RA

ILW

AY A

VE

RA

ILW

AY A

VE

NO

2 R

DN

O 2

RD

GIL

BE

RT

RD

GIL

BE

RT

RD

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

NO

5 R

DN

O 5

RD





R IC H MON D

A3

A4

A2A1

NORTH DE LTAPAR K

NORTH DE LTAPAR K



MACKI EPAR K

MACKI EPAR K

CHALM E RSPAR K

CHALM E RSPAR K

MONROE DR

WILTSHIRE BLVDSANTA MONICA DR

BA

RRYM

OR

E DR

80 AVE

80 AVE

82 AVE

84 AVE

90 AVE

96 AVE

78B AVE

11

9A

ST

11

8 S

T

72 AVE

NORDEL W

AY

NO

RD

EL W

AY

RIVER R

D

Annacis H

wy

11

2 S

T1

12

ST

11

3 S

T

11

5 S

T

11

6 S

T1

16

ST

91

75 AVE75A AVE

74 AVE

SC

OTT R

D

NOR TH D E LTA

Fras

er R

iver






RIVER DRRIVER DR

NO

6 R

DN

O 6

RD

NO

6 R

DN

O 6

RD

NO

5 R

DN

O 5

RD

KN

IGH

T S

TK

NIG

HT

ST

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

SH

ELL

RD

SH

ELL

RD

NO

3 R

DN

O 3

RD

41

ST

B S

T4

1S

T B

ST

53

RD

ST

53

RD

ST

AR

THU

R D

RA

RTH

UR

DR

RIVER RD W

RIVER RD W


56

TH S

T5

6TH

ST

28TH AVE28TH AVE

62

ND

B S

T6

2N

D B

ST

RIVER RD

RIVER RD

48TH AVE48TH AVE

RIVER

RD

RIVER

RD

BURNS DR

BURNS DR



99

17

17

99

91

DEAS ISLANDREGIONAL

PARK

DEAS ISLANDREGIONAL

PARK

GARRY POINTPARK

GARRY POINTPARK

RICHMONDNATURE PARK

RICHMONDNATURE PARK

SOUTH ARMPARK

SOUTH ARMPARK

1ST AVE1ST AVE

12TH AVE12TH AVE

EN

GLI

SH

BLU

FF

RD

EN

GLI

SH

BLU

FF

RD

6TH AVE6TH AVE

4TH AVE4TH AVE

FINN RDFINN RD


RICHMONDCENTRE

RICHMONDCENTRE

LANSDOWNEPARK MALL

LANSDOWNEPARK MALL


RUSS BAKER W

AY

RIVER DRRIVER DR

Richmond Hwy

Westminster Hwy

GA

RD

EN

CIT

Y R

DG

AR

DE

N C

ITY

RD




NO

1 R

DN

O 1

RD

RA

ILW

AY A

VE

RA

ILW

AY A

VE

NO

2 R

DN

O 2

RD

GIL

BE

RT

RD

GIL

BE

RT

RD

NO

3 R

DN

O 3

RD

NO

4 R

DN

O 4

RD

NO

5 R

DN

O 5

RD





L AD N E R

53

A S

T

BEACH GROVE ROAD

55

ST

53

A S

T

8A AVE 8A AVE

18 AVE

55 ST

52

ST

52

ST

JAC

KS

ON

WAY

B EACH G ROVEGOLF COU RS EB EACH G ROVEGOLF COU RS E



G RAU E RPAR K

G RAU E RPAR K



S PLAS H DOWNPAR K

S PLAS H DOWNPAR K

SOUTHDE LTA PAR K

SOUTHDE LTA PAR K

CE M ETE RYCE M ETE RY

BOU N DARY BAYR EG IONAL PAR KBOU N DARY BAYR EG IONAL PAR K

56

ST

56

ST

12 AVE 12 AVE

EN

GLIS

H B

LUFF R

D

17

TSAW WA S SE N

RICHMOND

B1

AAAAAAA

Client: Marcon (Mill House)

Publication: Condo Guide

Insertion:Size: 7.25”w x 9”h

Colour: 4C processCoercion Design Inc.

604.506.3383

As booked

NOW, YOU HAVE A PLACE TO KEEP IT

WE ALL HAVEBAGGAGENOW SELLING One of the real challenges of condo living can be not having enough

storage. At Mill House, we’ve taken care of that. Every home gets a secured personal gear garage.

There’s room for your sports gear, seasonal things, and stuff you just don’t want in your home on a daily

basis. And that means you can breathe easy – not just in the great outdoors, but in your new home, too.

Nicely appointed 1+ Den – 3 bedroom homes

with parking and personal gear garage.

marcon.ca/millhouse

Sales Centre: 1268-D Lynn Valley Road, North Vancouver(Lynn Valley Mall, just north of Scotiabank)

OPEN: Noon - 5pm daily except FridaysPhone: 604.986.0007

Marcon Lynn Valley Homes Ltd.

Pri

ces

corr

ect

at

pre

ss t

ime

. E

.& O

.E.

SEABUS

MO

UN

TA

IN H

IGH

WA

Y

LYNN VALLEY ROAD

LYNN VALLEY ROAD

LYNN VALLEY ROAD

1aLIGHTHOUSE

PARKLIGHTHOUSE

PARK

CYPRESSFALLS PARKCYPRESS

FALLS PARK

NELSONCANYON

PARK

NELSONCANYON

PARK

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NORTH SHOREA1. SEYLYNN VILLAGE

600 Mountain Hwy 604.980.5000

A2. DESTINY 2 590 Raven Woods Dr 604.929.1915

A3. THE SHORE Presentation Centre 238 Fell Ave 604.980.0016

A4. HEYWOOD ON THE PARK 1621 Hamilton Ave 604.985.0003

A5. MILL HOUSE 1268D Lynn Valley Rd 604.986.0007

A6. THE AVE BOUTIQUE RESIDENCES Pemberton Ave and 16th St 778.985.4767

A7. WEST QUAY 21 Lonsdale Ave 604.988.8856

S Q U A M I S HA I R P O R T


B R E N N A NP A R K


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N O R T H S H O R E | S Q UA M I S H | W H I S T L E R


Client: Marcon (Mill House)

Publication: Condo Guide

Insertion:Size: 7.25”w x 9”h

Colour: 4C processCoercion Design Inc.

604.506.3383

As booked

NOW, YOU HAVE A PLACE TO KEEP IT

WE ALL HAVEBAGGAGENOW SELLING One of the real challenges of condo living can be not having enough

storage. At Mill House, we’ve taken care of that. Every home gets a secured personal gear garage.

There’s room for your sports gear, seasonal things, and stuff you just don’t want in your home on a daily

basis. And that means you can breathe easy – not just in the great outdoors, but in your new home, too.

Nicely appointed 1+ Den – 3 bedroom homes

with parking and personal gear garage.

marcon.ca/millhouse

Sales Centre: 1268-D Lynn Valley Road, North Vancouver(Lynn Valley Mall, just north of Scotiabank)

OPEN: Noon - 5pm daily except FridaysPhone: 604.986.0007

Marcon Lynn Valley Homes Ltd.

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NORTH SHOREA1. SEYLYNN VILLAGE

600 Mountain Hwy 604.980.5000

A2. DESTINY 2 590 Raven Woods Dr 604.929.1915

A3. THE SHORE Presentation Centre 238 Fell Ave 604.980.0016

A4. HEYWOOD ON THE PARK 1621 Hamilton Ave 604.985.0003

A5. MILL HOUSE 1268D Lynn Valley Rd 604.986.0007

A6. THE AVE BOUTIQUE RESIDENCES Pemberton Ave and 16th St 778.985.4767

A7. WEST QUAY 21 Lonsdale Ave 604.988.8856





A L I C E L A K E P R O V I N C I A L P A R KA L I C E L A K E P R O V I N C I A L P A R K

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N O R T H S H O R E | S Q UA M I S H | W H I S T L E R


NORTH SHORE/SQUAMISH/WHISTLER

A “no” result for transitWHAT ARE THE CONSEQUENCES?

By Cameron McNeill

CONDO SENSE

Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Cameron also co-founded TAC Real Estate, a resale firm, and MPC Intelligence, a real estate market-research firm.

Together with his experienced and dedicated team of sales,

marketing and administration professionals, he has transacted

more than 14,000 new homes and $5 billion in sales. Email him at

[email protected] or follow him on Twitter

@mac_marketing

Given the recent announcement of the public voting No to a regional ‘Congestion

Improvement Tax’ increase of .05%, there has been significant debate over what this means for transit moving forward. The transit plebiscite addressed the need to improve transportation to reduce congestion in Metro Vancouver. The funds would have assisted a $2.1-billion light rail transit network in Surrey, a $1-billion replacement of the Pattullo Bridge, extension of Sky Train Millennium Line, 11 new B-line routes, 400 new buses to increase service by 25%, and an 80% increase in night bus services, among other upgrades to public transit.

With projections of 1 million new residents in the next 30 years, traffic and congestion are expected to worsen. I think we can all agree that the plebiscite was not about whether we need improvements to our public transportation and road infrastructure but rather how to pay for those improvements. Now that the public has voted No to the $7.5 billion dollar

regional transportation plan to fund these upgrades, what does that mean for Vancouver and its growing population?

Congestion and delaysCongestion and delays will continue to increase as more people apply pressure to the system. With the population growing at roughly 40,000 people per year and current funding levels only allowing us to maintain what we have rather than add services, buses and roads will be packed and infrastructure projects will be de-prioritized and slow.

Cost to the publicRegardless of the No vote, the public is still ultimately going to pay for the improvements, it’s just a matter of how. The Mayor’s Council has previously debated many other avenues of raising the capital including various taxes on parking, rental cars, vehicle levies, vehicle sales tax, container fees as well as increasing taxes on existing fuel, carbon and property taxes. They continue to lobby the provincial government for additional funds as well as examining how those funds are allocated currently. Much debate and some hard decisions are to come. At minimum we can expect Translink fares to increase as well as tolls on major roadways such as the Pattullo Bridge.

Private partnersMany private, third parties have a vested interest in improved transit. For example, the light rail transit network in Surrey “will be built no

matter what” says Mayor Linda Hepner, who has already received interest in private partners for this project. The Mayor’s Council will need to be smart when targeting private funds in order to minimize trickle-down effect to the public, especially where housing is concerned.

Though we cannot be completely certain of the exact implications of the No vote, we are back to square one so expect much debate and discussion over public transportation networks in order to accommodate our growing region. The conversation has only just begun.

Congestion and delays will continue to increase as more people apply pressure to the system.

[email protected]

adera.com

1

2

3

4

5

6

Exclusive creekside enclave with classic West Coast architecture, sustainable design, and personalized interiors through i.D. By Me.

Signature West Coast Piazza – a vibrant euro-styled town square with celebrated public art and water features.

Epic views of the North Shore mountains and the Vancouver skyline from your private rooftop terrace designed for your own hot tub spa*.

Newly extended Trans Canada Trail – the best outdoor public amenity in Canada and gateway to active North Shore outdoors.

Dedicated West Coast Club – fully equipped fi tness centre, yoga room and social lounge.

Walking distance to the SeaBus and a full spectrum of shopping, from a master-planned community built by Adera.

THE BEST 6 WAYS TOLIVE WESTCOAST

1 BEDROOM

HOMES STARTING FROM $224,900*

*NET GST

* SELECT HOMES ONLY. LIMITATIONS APPLY. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SHORE PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.827756 NEW CONDO GUIDE JUL 24 - AUG 7, 2015

A “no” result for transitWHAT ARE THE CONSEQUENCES?

By Cameron McNeill

CONDO SENSE

Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Cameron also co-founded TAC Real Estate, a resale firm, and MPC Intelligence, a real estate market-research firm.

Together with his experienced and dedicated team of sales,

marketing and administration professionals, he has transacted

more than 14,000 new homes and $5 billion in sales. Email him at

[email protected] or follow him on Twitter

@mac_marketing

Given the recent announcement of the public voting No to a regional ‘Congestion

Improvement Tax’ increase of .05%, there has been significant debate over what this means for transit moving forward. The transit plebiscite addressed the need to improve transportation to reduce congestion in Metro Vancouver. The funds would have assisted a $2.1-billion light rail transit network in Surrey, a $1-billion replacement of the Pattullo Bridge, extension of Sky Train Millennium Line, 11 new B-line routes, 400 new buses to increase service by 25%, and an 80% increase in night bus services, among other upgrades to public transit.

With projections of 1 million new residents in the next 30 years, traffic and congestion are expected to worsen. I think we can all agree that the plebiscite was not about whether we need improvements to our public transportation and road infrastructure but rather how to pay for those improvements. Now that the public has voted No to the $7.5 billion dollar

regional transportation plan to fund these upgrades, what does that mean for Vancouver and its growing population?

Congestion and delaysCongestion and delays will continue to increase as more people apply pressure to the system. With the population growing at roughly 40,000 people per year and current funding levels only allowing us to maintain what we have rather than add services, buses and roads will be packed and infrastructure projects will be de-prioritized and slow.

Cost to the publicRegardless of the No vote, the public is still ultimately going to pay for the improvements, it’s just a matter of how. The Mayor’s Council has previously debated many other avenues of raising the capital including various taxes on parking, rental cars, vehicle levies, vehicle sales tax, container fees as well as increasing taxes on existing fuel, carbon and property taxes. They continue to lobby the provincial government for additional funds as well as examining how those funds are allocated currently. Much debate and some hard decisions are to come. At minimum we can expect Translink fares to increase as well as tolls on major roadways such as the Pattullo Bridge.

Private partnersMany private, third parties have a vested interest in improved transit. For example, the light rail transit network in Surrey “will be built no

matter what” says Mayor Linda Hepner, who has already received interest in private partners for this project. The Mayor’s Council will need to be smart when targeting private funds in order to minimize trickle-down effect to the public, especially where housing is concerned.

Though we cannot be completely certain of the exact implications of the No vote, we are back to square one so expect much debate and discussion over public transportation networks in order to accommodate our growing region. The conversation has only just begun.

Congestion and delays will continue to increase as more people apply pressure to the system.

[email protected]

adera.com

1

2

3

4

5

6

Exclusive creekside enclave with classic West Coast architecture, sustainable design, and personalized interiors through i.D. By Me.

Signature West Coast Piazza – a vibrant euro-styled town square with celebrated public art and water features.

Epic views of the North Shore mountains and the Vancouver skyline from your private rooftop terrace designed for your own hot tub spa*.

Newly extended Trans Canada Trail – the best outdoor public amenity in Canada and gateway to active North Shore outdoors.

Dedicated West Coast Club – fully equipped fi tness centre, yoga room and social lounge.

Walking distance to the SeaBus and a full spectrum of shopping, from a master-planned community built by Adera.

THE BEST 6 WAYS TOLIVE WESTCOAST

1 BEDROOM

HOMES STARTING FROM $224,900*

*NET GST

* SELECT HOMES ONLY. LIMITATIONS APPLY. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SHORE PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277

WITH 110 HOMES ALREADY SOLD, CROWN IS THE SMARTEST DECISION in West Coquitlam. The only concrete highrise with over-height ceilings, full-size premium appliances, unobstructed views and just steps from the Evergreen Line.

Pricing is subject to change. This is not an offering for sale. Sale can only be made by disclosure statement. E.&O.E. Renderings are an artist’s conception and are intended as general reference only.

NOW SELLING 1, 2 & 3 BEDROOM HOMES FROM THE $280,000s

604.939.8868 | CrownByBeedie.ca

PRESENTATION CENTRE OPEN 12 – 5, SAT – THURS Burquitlam Plaza, #104 – 552 Clarke Rd (near Shoppers Drug Mart)

THE BEST VALUE IN WEST COQUITLAM

A1. CROWN520 Como Lake AvePresentation Centre#104 - 522 Clarke Rd604.939.8868

A2. CHARLAND2102 - 963 Charland Ave604.492.3388

A3. UPTOWN2bosaproperties.com604.939.2677

A4. BRADLEY HOUSE3107 Windsor Gate604.942.8416

A5. HAZEL827 Roderick Ave604.937.2599

A6. EVERGREEN251 Clarke Rd(In Uptown2 Sales Centere)604.942.2672

A7. NOVELLA711 Breslay StPresentation Centre #170 - 3355 North Rd (at Cameron St)604.563.5777

B1. ORCHID2455 Wilson Ave.604.866.4206

B2. FREMONT GREENFremont Connector604.468.0084

B3. PRIMA#110 - 2255 Wilson Ave604.945.3999

B4. SPRING ON KELLY2214 Kelly Ave.778.809.3488

COQUITLAM PORT COQUITLAM

COQUITLAM | PORT COQUITLAM | PORT MOODY | PITT MEADOWS

Lougheed Hwy

Lougheed Hwy

Mary Hill Bypass

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MEADOWGARDENS

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REGIONAL PARK

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GOLDEN EARSBRIDGE

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CONDO PROFILE

Construction is underway and heads are turning at Novella in West Coquitlam. Located

less than a five-minute walk from the upcoming Evergreen Line station yet tucked onto a quiet tree-lined street, this seven-storey concrete residence has style, charm plus a whole lot of attitude. No wonder over half these homes are already sold.

My first glimpse of the scale model reveals a distinctly West Coast contemporary architecture — shimmering glass walls, intriguing metallic accents, and some of the biggest balconies I’ve seen in a long time. A couple of the upper floor, corner decks are cleverly designed so

NOVELLAWhere your story unfolds By Susan M Boyce

they feel like three separate outdoor ‘rooms’ even though it’s actually a single interconnected space — meaning you can be as private or as social as you like.

Okay, time to take a look inside the display home.

A new chapter for living“Dylan is going to love this kitchen,” says a woman who’s leaning comfortably against the massive centre island watching her husband check out the glass-tile backsplash and optional wine fridge. “Look at all the cupboard space. And that gas range is fantastic.”

She’s right — Novella is efficient design at its best. Yet there’s still a cozy

Address711 Breslay Street

CommunityWest Coquitlam

Developer Springbank Properties

Home Type Concrete Condominiums

Sales Centre170 – 3355 North Road, Burnaby

Contactnovella.ca604.563.5777

æ AT A GLANCE

elegance to the way the cooking area and living room flow together. It just feels good, like being somewhere I want to hang out.

“Our son bought a one-bedroom because he wanted to be in a concrete building but not a highrise.” The woman winks as her husband heads off to take a look at the cheater ensuite — an intelligent design I’ve always thought should be used in more one-bedroom homes. “We were already considering downsizing, and now we’re thinking about getting one of the three-bedrooms here.”

“During our pre-sales we’re offering limited opportunity to combine certain homes into extra-large, two- and three-bedroom suites,” explains Katelyn Hollenbeck, Springbank Properties’ development manager, who’s just joined us. “Being able to buy a condo that offers as much as 1,513 square feet is extremely rare in this market.”

“Perfect for people like us or for growing families,” adds Dylan’s mom. “This is such a great neighbourhood. We really didn’t want to leave and now we won’t have to.”

Novella offers 77 condominiums ranging from one- to three-bedroom and dens from $274,900. Presentation centre and display home open noon to 5 p.m. daily except Fridays at 170 – 3355 North Road (lower level) in Burnaby.

SOPHISTICATED 1, 2 & LARGE 3 BEDROOM SUITES

IN WEST COQUITLAM'S ONLY CONCRETE MID-RISE

CONSTRUCTION NOW UNDERWAY!

7 7 B O U T I Q U E H O M E S


CONDO PROFILE

Construction is underway and heads are turning at Novella in West Coquitlam. Located

less than a five-minute walk from the upcoming Evergreen Line station yet tucked onto a quiet tree-lined street, this seven-storey concrete residence has style, charm plus a whole lot of attitude. No wonder over half these homes are already sold.

My first glimpse of the scale model reveals a distinctly West Coast contemporary architecture — shimmering glass walls, intriguing metallic accents, and some of the biggest balconies I’ve seen in a long time. A couple of the upper floor, corner decks are cleverly designed so

NOVELLAWhere your story unfolds By Susan M Boyce

they feel like three separate outdoor ‘rooms’ even though it’s actually a single interconnected space — meaning you can be as private or as social as you like.

Okay, time to take a look inside the display home.

A new chapter for living“Dylan is going to love this kitchen,” says a woman who’s leaning comfortably against the massive centre island watching her husband check out the glass-tile backsplash and optional wine fridge. “Look at all the cupboard space. And that gas range is fantastic.”

She’s right — Novella is efficient design at its best. Yet there’s still a cozy

Address711 Breslay Street


Developer Springbank Properties

Home Type Concrete Condominiums

Sales Centre170 – 3355 North Road, Burnaby

Contactnovella.ca604.563.5777

æ AT A GLANCE

elegance to the way the cooking area and living room flow together. It just feels good, like being somewhere I want to hang out.

“Our son bought a one-bedroom because he wanted to be in a concrete building but not a highrise.” The woman winks as her husband heads off to take a look at the cheater ensuite — an intelligent design I’ve always thought should be used in more one-bedroom homes. “We were already considering downsizing, and now we’re thinking about getting one of the three-bedrooms here.”

“During our pre-sales we’re offering limited opportunity to combine certain homes into extra-large, two- and three-bedroom suites,” explains Katelyn Hollenbeck, Springbank Properties’ development manager, who’s just joined us. “Being able to buy a condo that offers as much as 1,513 square feet is extremely rare in this market.”

“Perfect for people like us or for growing families,” adds Dylan’s mom. “This is such a great neighbourhood. We really didn’t want to leave and now we won’t have to.”

Novella offers 77 condominiums ranging from one- to three-bedroom and dens from $274,900. Presentation centre and display home open noon to 5 p.m. daily except Fridays at 170 – 3355 North Road (lower level) in Burnaby.

SOPHISTICATED 1, 2 & LARGE 3 BEDROOM SUITES

IN WEST COQUITLAM'S ONLY CONCRETE MID-RISE

CONSTRUCTION NOW UNDERWAY!

7 7 B O U T I Q U E H O M E S


COQUITLAM/PORT COQUITLAM/PORT MOODY

CONDO PROFILE

You love the location near West Coquitlam’s soon to be complete Evergreen Line.

You appreciate the commitment to quality and detail that’s part of every Bosa Properties community. And you definitely understand the long-term value of owning a home in one of Metro Vancouver’s hottest, most connected neighbourhoods.

So what are you waiting for? In response to overwhelming demand, Uptown has not only released the final homes in Tower One and a great selection of one- and two-bedroom homes in Tower Two, they’ve extended

manager Jennifer Koole. “You’re barely a block from the new Burquitlam SkyTrain Station, walking distance to several parks, Lougheed Town Centre is just down the road, and it’s short, easy drive or bus ride to three higher education facilities: SFU, Douglas College and BCIT.”

Plus there’s the convenience of having a high-end, 50,000-square-foot grocery store just an elevator ride away — details will be released any day now, but you already know it’s going to be a cool place to grab the fixings for dinner including fresh cut flowers and a decadent dessert or two.

Adding a final touch of pizzazz are the residents-only amenities that will be part of Uptown’s 2,135-square-foot Wellness Pavilion with yoga studio and fully equipped gym. After your workout, take your pick between the infrared sauna or steam room, relax, and congratulate yourself on your excellent taste and foresight in purchasing here.

UPTOWNUpscale in West Coquitlam By Susan M Boyce

their sales center opening for the summer. Translation: if you missed out on Uptown’s first homes, this is the second chance you’ve been waiting for.

Close to it allNaturally, at Uptown you’ll get all the luxurious features you crave: marble backsplashes, integrated cabinetry, custom closet organizers and full-sized European-style appliances. But there’s plenty more.

“We hear it every day, buyers tell us they love Uptown’s incredible views — especially the mountain views — and the proximity to everything,” says sales

LocationCoquitlam



BuilderBosa Properties

Sales Centre581 Clarke Road

Contactbosaproperties.com604.939.2677

æ AT A GLANCE

Uptown’s presentation centre and display suite are located directly

opposite the site at 581 Clarke Road. Open noon to 6 p.m. daily. Floorplans

range from one- to three-bedroom with prices starting at $293,900. For more

information, visit bosaproperties.com or call 604.939.2677.

Q | I recently purchased a rental investment property. Fortunately,

the home was rented quickly. However, last summer because of several days of heavy rainfall, the roof leaked terribly and our ceilings were partially water damaged. I had to reshingle and replace almost half of the entire roof and repair the ceiling and floors. It also cost me more than $1,200 for a new fridge and stove. I have an individual who prepares my income taxes who has advised me that these are capital items and I could not deduct them for my income taxes. I find that ridiculous to be out of pocket that amount of money and I cannot deduct it. Sam, Toronto

A | Real estate rental deductions are always contentious, and

Canada Revenue Agency frowns on expenditures that should be capitalized as opposed to being expensed immediately. As an accountant who deals with real estate investors on a

Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and

businesses in the GTA. He can be reached at

416.485.5225. Questions to Taxing Issues can be emailed to

[email protected]

TAXING ISSUES

Capital expenditures & deductible expenses

By Henry Choo Chong

regular basis, I can tell you your concern is not isolated. The Income Tax Act does provide guidance with regards to capital items and current expenses.

Capital expenditures – Generally, these are expenditures that will provide benefits and a useful life for several years – such as appliances, air conditioners and dishwashers. The Income Tax Act provides for Capital Cost Allowance (CCA) deduction for capital expenditures that can be expended over the useful life of the asset.

Deductible Expenses – Generally, these expenditures may be deducted in the year they are incurred. They would include all expenditures directly related to the property such as property taxes, insurance, utilities, mortgage interest, advertising cost, legal cost, accounting fees, and repairs and maintenance.

It would appear your repairs were performed to maintain the property to its original condition and would therefore be considered a current expense.

However, the fridge and stove must be capitalized.

Investors should always have a good accountant who deals with real estate investments on a regular basis to ensure the right advice is given.

Q | I recently started my own small business, which is registered as

a non-incorporated business. It earned approximately $34,000, less expenses. Additionally, I am employed full-time, as is my wife. What is my final date and can I choose my own year-end for my company? Yves, Oakville

A | Congrats on joining the ranks of entrepreneurs. Many individuals

talk about starting their own business but are reluctant to do so for various reasons. The primary obstacle is finances, followed by lack of knowledge about where to start.

Individuals who are strictly T4d – that is, employed full- or part-time – were to file their year’s personal tax return on or before April 30 of the following year. Self-employed (including non-incorporated businesses) taxpayers and their spouse had to June 15 to file their tax return for the previous year. However, any income taxes owing would have to be remitted on or before April 30 of the filing year.

Therefore, you should have your tax returns prepared before the end of April to avoid any interest penalties.


P R O J E C T T Y P E C O N TA C T P R I C E P R O J E C T T Y P E C O N TA C T P R I C E

Penthouse (PH) Live Work (LW) City Home (CH) High Rise (HR) Mid Rise (MR) Low Rise (LR) Loft (LO) Townhouse (TH)

ABBOTSFORD

Abacus Uptown LR 604.309.7155 CallHudson’s Loft 2 LR 604.864.8948 CallLift LR 604.557.1047 CallMahogany at Mill Lake HR 778.255.9990 CallWaterleaf LR 604.850.3694 From $179,900

BURNABY

Aldynne on the Park HR 604.541.9517 CallAltitude HR 604.456.8883 From $239,900Aviara HR 604.291.9130 CallBrentwood HR 604.563.8386 From $299,90CentreBlock at Univercity HR libertyhomes.ca From $239,900Gold House HR goldhouseliving.com Coming SoonMadison LR liveatburnabyheights.com Coming SoonMadison & Dawson LR www.porte.ca/brentwood Coming Soon Met 1, The HR 604.899.8800 From $349,800Met 2, The HR 604.899.8800 Coming SoonMetro One LR 604.435.9477 CallMetro Two LR 604.435.9477 From $439,900Modello HR 604.456.0688 CallNovella MR 604.563.5777 CallOakTerra LR 604.431.6033 CallPaddington Mews TH 604.438.9922 From $334,900Redbrick LR 604.527.7955 From Mid $200’sSolo District HR 604.298.8800 From Low $300’sStation Square HR 604.438.1113 CallSubora LR 604.807.4353 From $279,900Trio LR 604.218.3338 From $249,900Wall Centre Central Park HR 604.874.9232 From $299,000

COQUITLAM

1123 Westwood HR 604.472.1123 CallAustin HR 604.931.0302 From Low $200’sBloom LR/TH 604.939.8808 From $249,900Bradley House LR 604.942.8416 From $369,900Charland LR 604.492.3388 CallCrown HR 604.939.8868 From $280,000Evergreen HR 604.942.2672 From $284,900Grand Central 3 HR 604.936.1888 From $235,400Hazel LR 604.937.2599 From $220,900Mackin Park LR 604.939.8874 From $234,900Oasis HR 604.464.2701 CallThe Windsor HR 604.941.8305 From $360,900Uptown2 HR 604.939.2677 From $278,900

NORTH DELTA

Delta Rise HR 604.594.7473 From $189,000

LANGLEY

Athenry Gate LR 604.882.8857 From $137,500Cornerstone LR 604.534.6000 From $269,900Elements LR 604.533.7718 From $159,900Focal Point LR 604.377.7000 Coming SoonKensington LR 604.427.3311 From $199,900Murrayville House LR 778.808.6563 CallVarsity LR 604.539.2200 From $139,900Yorkson Creek LR yorksoncreek.com From $179,900

MAPLE RIDGE

223 North LR 604.463.0588 From $174,900Meadows Pointe LR 604.807.2423 From $189,900Signature at Falcon Centre LR 604.477.1500 CallParc Vue LR 604.467.8884 CallReflections LR 604.467.0692 CallRivers Edge LR 604.453.9278 From $157,900Station One LR 778.878.1347 From $164,900Wellington Station LR 604.380.0300 From $189,900

NEW WESTMINSTER

The Sapperton at Brewery District HR 604.525.3941 From $229,900Duo at Port Royal LR 604.520.9890 From $218,900Elliot St HR 604.524.8080 CallGlass House Lofts LR 604.520.9890 CallGrove, The LR 604.523.0733 CallLookout at Victoria Hill, The LR 605.523.0733 From $239,900Northbank HR 604.523.0081 From $270,900Parkside at Victoria Hill HR 604.523.0733 From $239,900Portage MR 778.398.1344 CallRiverSky HR 604.522.2583 From $239,900Trapp & Holbrook HR 604.525.0223 From $299,900

NORTH VANCOUVER

15 West HR 604.980.9949 From $539,900221 East 3rd LR Coming Soonx61 LR x61living.com Coming SoonAnchor, The HR 604.988.8800 From the Mid $300’s Atrium at the Pier MR/TH 604.983.9065 CallAve Boutique Res., The LR 778.985.4676 CallCapstone MR 604.929.8870 CallCates Landing LR/TH 604.871.4126 Coming SoonCentreView HR 604.988.8540 Coming SoonDestiny 2 MR 604.929.1915 From $259,900

BRITISH COLUMBIA’SNEW CONDO DEVELOPMENTS

CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER

N E W H O M E S A L E S A N D M A R K E T I N G E X P E R T I S EFIFTHAVE.CA

B R I N G I N G P E O P L E H O M E

Whether you’re renting or buying,fi nding your next home has never been so easy.

startyour search here.



ABBOTSFORD

Abacus Uptown LR 604.309.7155 CallHudson’s Loft 2 LR 604.864.8948 CallLift LR 604.557.1047 CallMahogany at Mill Lake HR 778.255.9990 CallWaterleaf LR 604.850.3694 From $179,900

BURNABY

Aldynne on the Park HR 604.541.9517 CallAltitude HR 604.456.8883 From $239,900Aviara HR 604.291.9130 CallBrentwood HR 604.563.8386 From $299,90CentreBlock at Univercity HR libertyhomes.ca From $239,900Gold House HR goldhouseliving.com Coming SoonMadison LR liveatburnabyheights.com Coming SoonMadison & Dawson LR www.porte.ca/brentwood Coming Soon Met 1, The HR 604.899.8800 From $349,800Met 2, The HR 604.899.8800 Coming SoonMetro One LR 604.435.9477 CallMetro Two LR 604.435.9477 From $439,900Modello HR 604.456.0688 CallNovella MR 604.563.5777 CallOakTerra LR 604.431.6033 CallPaddington Mews TH 604.438.9922 From $334,900Redbrick LR 604.527.7955 From Mid $200’sSolo District HR 604.298.8800 From Low $300’sStation Square HR 604.438.1113 CallSubora LR 604.807.4353 From $279,900Trio LR 604.218.3338 From $249,900Wall Centre Central Park HR 604.874.9232 From $299,000

COQUITLAM

1123 Westwood HR 604.472.1123 CallAustin HR 604.931.0302 From Low $200’sBloom LR/TH 604.939.8808 From $249,900Bradley House LR 604.942.8416 From $369,900Charland LR 604.492.3388 CallCrown HR 604.939.8868 From $280,000Evergreen HR 604.942.2672 From $284,900Grand Central 3 HR 604.936.1888 From $235,400Hazel LR 604.937.2599 From $220,900Mackin Park LR 604.939.8874 From $234,900Oasis HR 604.464.2701 CallThe Windsor HR 604.941.8305 From $360,900Uptown2 HR 604.939.2677 From $278,900

NORTH DELTA

Delta Rise HR 604.594.7473 From $189,000

LANGLEY

Athenry Gate LR 604.882.8857 From $137,500Cornerstone LR 604.534.6000 From $269,900Elements LR 604.533.7718 From $159,900Focal Point LR 604.377.7000 Coming SoonKensington LR 604.427.3311 From $199,900Murrayville House LR 778.808.6563 CallVarsity LR 604.539.2200 From $139,900Yorkson Creek LR yorksoncreek.com From $179,900

MAPLE RIDGE

223 North LR 604.463.0588 From $174,900Meadows Pointe LR 604.807.2423 From $189,900Signature at Falcon Centre LR 604.477.1500 CallParc Vue LR 604.467.8884 CallReflections LR 604.467.0692 CallRivers Edge LR 604.453.9278 From $157,900Station One LR 778.878.1347 From $164,900Wellington Station LR 604.380.0300 From $189,900

NEW WESTMINSTER

The Sapperton at Brewery District HR 604.525.3941 From $229,900Duo at Port Royal LR 604.520.9890 From $218,900Elliot St HR 604.524.8080 CallGlass House Lofts LR 604.520.9890 CallGrove, The LR 604.523.0733 CallLookout at Victoria Hill, The LR 605.523.0733 From $239,900Northbank HR 604.523.0081 From $270,900Parkside at Victoria Hill HR 604.523.0733 From $239,900Portage MR 778.398.1344 CallRiverSky HR 604.522.2583 From $239,900Trapp & Holbrook HR 604.525.0223 From $299,900

NORTH VANCOUVER

15 West HR 604.980.9949 From $539,900221 East 3rd LR Coming Soonx61 LR x61living.com Coming SoonAnchor, The HR 604.988.8800 From the Mid $300’s Atrium at the Pier MR/TH 604.983.9065 CallAve Boutique Res., The LR 778.985.4676 CallCapstone MR 604.929.8870 CallCates Landing LR/TH 604.871.4126 Coming SoonCentreView HR 604.988.8540 Coming SoonDestiny 2 MR 604.929.1915 From $259,900

BRITISH COLUMBIA’SNEW CONDO DEVELOPMENTS

CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER

N E W H O M E S A L E S A N D M A R K E T I N G E X P E R T I S EFIFTHAVE.CA

B R I N G I N G P E O P L E H O M E

Whether you’re renting or buying,fi nding your next home has never been so easy.

startyour search here.




Drive, The LR 604.986.8138 CallCates Landing LR/TH 604.871.4126 CallHeywood on the Park LR 604.985.0003 From $339,900Local on Lonsdale HR/LR/TH 604.998.0219 CallLoden Green TH 604.988.0022 From low $600sMaplewood North LR 604.727.1594 From $378,900Mill House LR 604.986.0007 CallNorthlands LR 604.800.2120 From $244,900Pinnacle Residences at the Pier MR 604.983.9065 CallRemix LR 604.924.4488 CallTatlow LR [email protected] Coming SoonTrophy at the Pier MR/TH 604.983.9065 From $509,900Seylynn Vilage HR 604.980,5000 From Low $300’sShore, The MR 604.980.0016 From Low $200’sWest Quay MR 604.988.8858 From $459,900

PITT MEADOWS

Cedar Downs LR 778.846.3200 CallLiv42 LR 604.460.6601 From $134,900

PORT COQUITLAM Altura LR 604.552.5887 From $158,900Amanti on Welcher LR 604.657.9288 CallCarmandy LR 604.435.9477 From $209,900Fremont Green LR 604.349.9245 CallLa Via LR 604.475.5100 From $169,900Orchid LR 604.866.4206 From $159,900Prima Residences LR 604.945.3999 CallShaughnessy, The HR 604.468.8252 CallSouth Verde LR 604.468.8252 CallSpring on Kelly LR 778.809.3488 From $215,900Valorie on the Park LR 604.464.4764 From $246,900

PORT MOODY

Residences, The HR 604.552.0552 CallStation, The HR 604.492.3338 Call

RICHMOND

Alexandra Court LR 604.278.5809 CallAlfa HR 604.276.2532 CallAvanti LR/HR 604.276.9186 CallCamber LR/HR 604.276.0677 CallCadence HR 604.276.868 Call Concord Gardens HR 604.233.7748 From $300,000’sElle HR 604.273.1313 From Low $300’s Gardens, The LR 604.271.3331 From $374,900Mandarin Walk LR/TH 604.278.0808 Call

Monet HR 604.233.7748 From $300,000’sOpal at Richmond Centre HR 604.303.7575 From $464,900Ora HR 604.278.8838 CallOrchid by Beedie HR [email protected] Coming SoonOxford Lane TH oxfordlane.ca Coming SoonParc Riviera MR 604.231.5900 From Low $200’sPark Residences HR 604.303.8878 From Low $370’sPier, The LR 604.274.7326 CallPinnacle Living at Capstan HR/MR/TH 604.303.0148 From $299,900Riva MR 604.278.8825 CallRiver Green MR 604.233.2633 CallRiver Inlet MR/TH 604.233.2633 CallSaffron LR 604.270.2482 CallTempo HR 604.276.8885 From $283,900

SQUAMISH / WHISTLER

Aqua TH/LR 1.877.344.5566 From $239,000Elaho TH 604.898.2232 Coming SoonUniversity Heights LR 1.888.852.7575 Call

SURREY

3 Civic Plaza HR 604.957.3331 CallAscend LR 604.596.2202 From $170’sBalance LR tiensher.com Coming SoonChroma LR 604.581.5399 From $169,900Connect LR 778.395.1886 From $118,800Esplanade at Waterstone LR 604.530.5399 From $219,900G3 Residences HR 604.453.6688 Call Evolve HR 604.497.0102 Call Lingo LR 604.727.5478 From $199,900Manarola LR 604.800.9255 From $189,900Park Ave West HR 604.583.9866 From $250,000Park Central LR 604.817.5852 From $289,900Prime HR liveprime.ca Coming SoonQuattro LR 604.581.8000 From $159,900Ridge at Bose Farms LR 604.888.514 From $174,900University District HR 604.588.5795 From $221,900Verve LR 604.588.3783 From $160’sWave HR 604.951.9283 From $279,900Wynd HR 604.951.9283 From $199,900

CLOVERDALE

Grove, The LR 604.523.0733 From $279,900One92 LR 604.576.1772 From $199,900

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 [email protected]




VANCOUVER & AREA

DOWNTOWN

188 Keefer LR 604.620.2018 CallAddition HR 604.620.6692 From $349,900Burrard Gateway HR burrardgateway.com Coming SoonEventide LR 604.783.1044 Call Fairmont Pacific Rim Estates HR 604.781.4303 CallKeefer Block LR 604.682.8813 From $269,900Maddox HR 604.669.8200 From $389,900Mark, The HR 604.687.4353 CallModern HR amacon.com From $465,900Private Residences at Hotel Georgia, The HR 604.682.8107 CallSapphire, The HR 604.876.9222 From $685,000Tate Downtown HR 604.568.8283 From $320,900Trump International Hotel and Tower® Vancouver HR 604.568.7888 CallVancouver House HR 604.893.8958 Call

EAST SIDE

238 W Broadway LR 238westbroadway.ca CallBohème LR 604.569.3388 From $227,900Bold on Fraser LR 604.264.6707 Coming SoonEast Park LR/CH 604.879.3257 CallEvan MR 604.872.0331 From $269,900Paragon LR 604.688.5566 Coming SoonGem, The LR liveatthegem.com Coming SoonKensington Gardens MR 604.620.7886 Call Local LR 604.688.5527 From $349,900Main Street LR 604.877.1116 From $339,900Oxford, The LR 604.779.0091 From Low $200s Paragon MR 604.688.5566 Coming SoonOne Town Centre at River District HR 604.879.8830 Now PreviewingTwo Town Centre at River District LR 604.879.8830 Coming SoonRhythm MR 604.437.5315 From $314,900Skyway HR 604.436.1100 CallView338 LR 604.303.8838 From $219,900Vya MR 604.559.1070 From $239,999Wall Centre Central Park HR 604.874.9232 From $299,900Wohlstein MR 604.558.0899 From $240,000

WEST SIDE

1555 West Eighth LR/MR 604.828.3998 Coming Soon41 West MR 41westliving.com Coming Soon6th & Yukon LR cressey.ca Coming Soon99 West MR 604.620.8600 From $528,800Aperture LR/TH 604.345.9000 CallArbutus Ridge MR 604.738.0001 CallBennington House TH/LR 604.558.1907 From high $300’sBinning Tower HR 604.646.1111 From $499,900Block One HR 604.682.8801 CallBoulevard Private Residences LR 604.685.5778 From $367,400Cambie Star MR 604.876.9222 From $389,900Canvas MR 604.875.8508 CallCentral HR 604.662.3373 CallCitti MR 604.662.3373 CallThe Creek Voda HR thecreekbyconcert.com Coming SoonEmpire at QE Park MR 604.687.8800 From Mid $300’s

Granville at 70th HR 604.687.2298 Call Kerrisdale Gardens MR 604.559.9848 From $540,900Lido HR 604.872.2672 From $513,900Livingstone House LR 604.998.8988 From $629,900MC2 HR 604.638.9998 CallMeccanica HR 604.876.8819 From $394,900Parc 26 LR/H Coming SoonMidtown LR 604.563.3330 CallMonarch MR 604.568.6883 From $444,900Northwest HR 604.325.5151 CallParc Elise MR/TH 604.336.6380 From $510,000Park&Metro LR 604.325.8111 CallPinnacle Living Broadway MR 604.739.2080 From $399,900Pinnacle Living False Creek MR 604.874.8368 From $369,900Prodigy MR 604.221.8878 From high $300sOne Town Centre at River District HR 604.879.8830 Now PreviewingTwo Town Centre at River District LR 604.879.8830 Coming SoonShannon Wall Centre Kerrisdale LR 604.267.8882 CallSota HR 604.671.1025 From 2.5 millionThe Ivy LR 604.566.5888 Coming SoonThe Laureates HR 604.221.4450 CallThe One HR/MR 604.874.8368 From $349,900The Spot MR 604.568.6886 From $269,900Tower Green at West HR 604.707.9378 From $319,000The Village on False Creek HR 604.733.2010 From $390,500W10th & Maple MR/TH 604.739.2080 From $429,900

TSAWWASSEN

Brio LR 604.943.8811 CallCityhomes LR 604.948.2345 CallTsawwassen Springs SF/LR 604.948.HOME Call

WEST VANCOUVER 23rd and Bellevue HR Cressey.com Coming SoonGalleries on the Bay LR 604.836.7355 From $490,000Kerrisdale by Cressey LR cressey.com Coming Soon

WHITE ROCK / SOUTH SURREY

Adagio LR 604.531.6659 From $288,900Avra HR 604.531.9030 From $319,900Beverley MR cressey.com Coming SoonEdgewater LR 604.818.5603 From $339,900Elgin House LR 604.541.8092 CallGemini LR 604.536.1663 CallHeights, The LR 778.545.8737 From $364,900Newport at West Beach LR 604.536.0256 From $289,900 Royce LR 604.538.8028 CallSaltaire LR 605.560.1656 Call Sausalito LR 604.538.3237 CallSouth Point Walk LR 604.560.3238 From $230’s

New homes available throughoutMetro Vancouver & Calgarywww.macmarketingsolutions.com

We sell the homes you want to buy.

/MacMarketingSolutions @MAC_Marketing /MACMSTube

The Developer reserves the right to make changes and modifications to the information contained herein without prior notice. Renderings, maps and photographs are representational only and may not be accurate. E.&.O.E.

Homes starting from just $329,900.Visit us at DestinyLiving.ca

BURRARD INLET

DEEPCOVE

Ironworkers MemorialBridge to Vancouver

Mt Seymour Pkwy

Dollarton Hwy

N O R T H V A N C O U V E R

RavenWoods Dr

Presentation Centre and Display SuiteOpen Daily Noon-5pm, Closed Fridays590 Raven Woods Dr., North Vancouver604-929-1915 | [email protected]

DEEPCOVE

Mt Seymour Pkwy

N O R T H V A N C O U V E R

Club Destiny, the 5,025 sq.ft. residents-only clubhouse

Destiny2 at Raven Woods is the most sought-after community on the North Shore and offers access to the outdoors like no other neighbourhood in Vancouver. These 1-, 2-, and 3-bedroom homes provide the life you want, for a price you can afford. Come discover your Destiny.

OVER 85% SOLD

or

The Biggest Decision of Your Day.

bc new condo guide - jul 24, 2015

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