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SUMMER’S
LAST HURRAH
MARLENE EISNER
EDITOR
New Home + Condo Guide
EMAIL: marlene.eisner@nexthome.ca
TWITTER: @MarleneEisner
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Canadian summers are just too short. It’s no wonder you may have not yet begun your house-hunting journey or put it on hold to enjoy as much time as possible outdoors surrounded by nature’s beauty. While you continue to take in the last few weeks of summer, the sense of cocooning that inevitably comes with cooling temps and the change of seasons is an ideal time to think about your dream home.
Whether you are looking for your first home, need to find something larger to accommodate your growing family, or you are an empty-nester who wants to downsize, like many potential homebuyers, you probably have a lot of questions that need to be answered before you head out to find that special place to call home. The way to find that information is at the presentation centre of a pre-sale development. Of course, if this is your first foray into a pre-construction home, you may not even know which questions to ask! That’s where industry expert, Brittany Reimer, can help. Turn to page 20 and find out how to make the most of your pre-sale presentation centre visit.
If you do not have a mortgage or you’re planning to sell your current home to move into a new one, you might want to read Alisa AragonLloyd’s article on page 14 about why it’s a good idea to have a portability option in your mortgage.
As always, this issue is packed with other interesting and informative articles to help you on your home-hunting journey, from new releases and up-coming projects to inspiring ideas on how to decorate your new space. Let us know what you think. We’d love to hear from you.
Coquitlam Town Centre A study in contrasts Page 12 + get social Interact with us on social media: nexthome
FIND YOUR NEXT HOME
This page features a few of the latest properties to keep your eye on in the Metro Vancouver area.
PREVIEWS & REGISTRATIONS
ASTRID
Home type: Townhomes and garden homes
Developer: Enera
On the map: Vancouver Web: astridliving.ca
Info: Two and three-bedroom town and garden homes in Cambie Village, Astrid reflects the heritage of its surroundings and the contemporary way of life that it offers. From design features that elegantly accommodate the daily needs of family life to the rich finishes that elevate a home’s design esthetic, interiors offer homeowners style, substance and uncompromising family livability. Register today.
DEBUT
Home type: Condominiums
Developer: beedie
On the map: Coquitlam Web: debut.frasermills.com
Info: DEBUT, the first release of one-, two,and three-bedroom condos and townhomes in Coquitlam’s only waterfront community. Standing as the pillar at the entrance to this new community, the first tower at Fraser Mills unites lifestyle and natural beauty, and is an invitation to be the foundation of a new energetic urban centre that is Fraser Mills. Register today.
LODANA
Home type: Condominiums and townhomes
Developer: The Circadian Group
On the map: West Coquitlam Web: liveatlodana.com
Info: A six-story residential community in West Coquitlam offering 72 condos, 48 townhomes and three heritage home suites with retreat-like amenities designed with families in mind. The neighbourhood features quality schools, with shops, boutiques and restaurants a short stroll or bike ride away. It’s a 10-minute walk to Lougheed SkyTrain station and bus stops and transit stops are five minutes from your doorstep. Register today.
YORK
Home type: Townhomes Builder: Listraor On the map: Vancouver Web: listraor.com/york
Info: A collection of 29 functional threebedroom park-front family townhomes coming to Willow and 37th in West Vancouver. Exceptionally crafted, the townhomes sit unstacked for peaceful, private living, with purposeful floorplans, private rooftop decks and a central community courtyard. Fronting Oak Meadows Park, York is tucked away in nature, yet surrounded by the urbanity of Oakridge and South Cambie. Register today.
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, KINDLY EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
LODANA
– PORT
1. WEST 505 Nelson Street westbybeedie.com
2. SYDNEY 545 Sydney Ave. 778-948-0333 sydneybyledmac.com
3. VUE Foster Ave & Whiting Way vueliving.ca
4. SOPHORA AT THE PARK #101 - 1135 Pipeline Road 604-942-8416 polyhomes.com
It’s the beginning of a new evolution for Coquitlam. The initial 36-storey tower at Fraser Mills, a 96-acre master-planned community adjacent to the mighty Fraser River, is set to begin sales this fall.
Introducing DEBUT. Standing as the entrance to this waterfront community, these one-, two- and three-bedroom condominiums and townhomes unite an urban lifestyle and valued history with nature’s beauty.
EMBRACE CHANGE
DEBUT is the first opportunity to be part of this visionary neighbourhood by Beedie. If being on the cutting edge of innovation is exciting, you won’t want to miss this opportunity.
DEBUT’s diverse mix of 286 condominium homes and 32 townhomes will offer stylish, contemporary features and finishes. Purchasers will also have access to more than 26,000 square feet of meticulously designed and curated amenities that will leave you breathless.
Upon arrival, DEBUT’s doubleheight lobby is airy and elegant, the ideal setting to welcome guests or breathe a sigh of relief that you can leave the hustle and bustle of the city behind at the end of the day. An adjacent co-working lounge with meeting room and open seating means you’ve got an ideal setting
for client meetings or a change of scenery from your home office. There are four individual office pods for privacy without sacrificing a sense of connection.
Head up to the second level fitness zone and you’ll discover dedicated spaces for weights and cardio as well as private pods where you can plug in your device and break a sweat with your favourite fitness app.
Ready to get social? DEBUT’s got you covered. Situated on the fifthlevel podium above the townhomes is the community’s amenity greenspace with lawns, barbecue, firepit, picnic tables, and even a perimeter walking loop.
Inside, enjoy an entertainer’s kitchen and dining room, a lounge that’s perfect for hosting larger parties and celebrations, plus a games room for when you feel like a friendly game of billiards or shuffleboard. There’s even going to be a secret Speakeasy— but you’ll have to discover that for yourself.
ENGAGED LIVING
When complete, the Fraser Mills master-planned community will include 5,500 homes as well as restaurants, shops, extensive green space, plazas, an elementary school, plus a 50,000-square-foot aquatic and community centre. And here’s a bonus: As development gets underway, Beedie will add a bus connection directly to the Braid Street SkyTrain station.
Initial demand for DEBUT has been overwhelming from potential buyers eager to secure one of the first homes in Fraser Mills. The Presentation Centre is coming soon with sales anticipated to begin this fall. Register today at DebutatFraserMills.com to stay up to date.
COQUITLAM TOWN CENTRE
A STUDY IN CONTRASTS
Coquitlam Town Centre is the main commercial and retail neighbourhood for the city of Coquitlam and covers 723 hectares. Bounded on the north by David Avenue, the eastern edge follows Lincoln Avenue from the Coquitlam River to Westwood Street, then heads south along Westwood Street to the CP Railway line. The southern boundary follows the railway line, just north of Lougheed and Barnet highways. The Town Centre also contains the
highest concentration of highrise condominiums in the Tri-Cities and northeastern Metro Vancouver.
THE VIBE
Downtown Coquitlam, the Coquitlam Town Centre, is a study in contrasts: On one side of the street, there’s a typical suburban mall, Coquitlam Centre, and on the other side of the street, there is a 100-acre park with trails, greenspace and a lake that locals can fish in. Buffering the two is
the Evergreen Cultural Centre, where residents can partake in a variety of cultural activities, from theatre to music to art shows.
IN THE AREA
Shopping, schools, culture and nature – Coquitlam Town Centre has it all. The epicentre of the area is Coquitlam Centre Mall, but it is just one component of this diverse neighbourhood. Douglas College attracts students to the area and
recreational facilities such as the Pinetree Community Centre and the City Centre Aquatic Complex offer residents opportunities to stay active and engaged in the community.
PLANES, TRAINS & AUTOMOBILES
This area is perfectly positioned for getting around. The West Coast Express picks up downtown commuters in the morning and drops them off in the evening; buses going in every direction connect to the neighbourhood and the SkyTrain Evergreen Line connects the area to Metro Vancouver’s rapid transit system. For those needing to get farther out, Hwy. 1 makes it a breeze.
THE GOOD, THE BAD & THE REST
More than 30 years ago, a gravel pit was at the centre of Coquitlam Town Centre. It has since been transformed into an urban park, representing positive changes in the neighbourhood. But some residents are still feeling the growing pains of a new urban centre, including heavy traffic and construction.
REAL ESTATE
Condo towers are fast popping up in Coquitlam Town Centre. The rest of the neighbourhood has mainly older, three-storey walkup apartments and townhouses, and to the eastern side behind the Town Centre, single-family homes.
HOT SPOTS
TOWN CENTRE PARK AND LAFARGE LAKE
Hankering to go fishing? Look no further than this location, where locals can cast a fishing rod in the man-made lake. There are also sports fields and recreational facilities at the 100-acre urban park.
EVERGREEN CULTURAL CENTRE
There’s no need for Coquitlam Town Centre residents to go to Vancouver to have a taste of arts and entertainment – they can walk here to watch live theatre, take in a show or browse the art gallery.
CITY CENTRE AQUATIC COMPLEX
The wave pool at the City Centre Aquatic Complex is always a hit with kids, but the pool offers swimming lessons and leisure swim for residents of any age. The centre also includes a fitness gym.
WHAT IS A PORTABLE OPTION
IN A MORTGAGE?
ALISA ARAGON-LLOYD
Selling your home and moving into a new one can be a stressful experience. Why make it worse by worrying if you can carry your current mortgage over to your new home?
Having a portable option in your mortgage enables you to move to another property without losing your existing interest rate, mortgage balance and terms. The ability to port also allows you to increase your mortgage amount without paying a penalty. However, it’s important to note that not all mortgages are portable.
If you have a fixed-rate mortgage, it usually has a portability option. If you require additional funds, there are two ways lenders do this. Some lenders will do a blend and extend. They will look at the interest rate you have, compare it to the rate that is currently available, and then blend both rates. This will be the interest rate you will have for the new term. The amortization period might increase or remain the same.
Some lenders, most often banks, will allow your mortgage to remain in place and if you require more funds, they will give you another mortgage with the current interest rate, a new amortization period, and a new maturity date. The challenge here is that you will have two different mortgages renewing at different times and with different amortization periods. If you ever decide to move your mortgage to a new lender, you will have to pay a penalty because of the different renewal times.
If you have a variable-rate mortgage, porting is usually not available. As such, upon breaking your existing mortgage, a three-month interest penalty will be charged. This charge may or may not be reimbursed with your new mortgage. While porting typically ensures no penalty will be charged when you sell your existing property and buy a new one, some conditions that may apply include:
• Some lenders allow you to port your mortgage, but the sale of your current home and the purchase of your new home must happen on the same day. Other lenders offer a week to do this, some a month, and others up to three months.
• Some lenders don’t allow a changed term or force you into a longer term as part of agreeing to port your mortgage.
• Some lenders will, in fact, reimburse your entire penalty, fixed or variable,
if you simply get a new mortgage with the same lender – replacing the one being discharged. Additionally, some lenders will even allow you to move into a brand-new term of your choice and start fresh.
• There are instances where it’s better to pay a penalty at the time of selling and get into a new term at a brand-new rate that could save back your penalty over the course of the new term.
Alisa Aragon-Lloyd has been a mortgage expert for more than 11 years. She has her own company, Bridgestone Financing Pros, powered by DLC Origin Mortgages and is on the board of directors for the Homebuilder Association of Vancouver (HAVAN) and an award-winning member.
best in design
On Sat Sept 23, join Lynda Reeves as she discusses what’s next in decorating and design with Kyla Bidgood, Christi Rivard, and Alykhan Velji.
Lynda Reeves, House & Home Media
HOT PROPERTIES SURREY – LANGLEY – ABBOTSFORD – MISSION
SURREY
1. PIANO 105A & City Parkway concordpiano.ca
2. PARK GEORGE 9908 King George Blvd 604-583-9866 parkgeorge.com
3. DISTRICT NW University Drive & 105 Avenue thind.ca
4. CENTURY CITY HOLLAND PARK 13583 98 Avenue centurycitysurrey.com
5. PURA 105 Ave & 132 St mypuracondo.com
6. AMAYA LIVING 106 Ave & 140 St amayaliving.ca
7. SEQUOIA 133 Street & 104 Avenue Sequoiawestvillage.ca
LANGLEY
8. ALDERGROVE TOWN CENTRE 3100 272 Street atcliving.com
9. HAYER TOWN CENTRE 76 Avenue & 200 Street 604-800-9662 hayerbuildersgroup.com
10. THE HIVE AT WILLOUGHBY 206222 80 Avenue 778-686-8572 thehivewtc.com
11. WESTBROOKE AT WILLOUGHBY 604-385-3540 foxridgehomesbc.com
12. SOUTH VILLAGE AT LATIMER VILLAGE 20018 83A Ave 604-371-0698 vestaproperties.com
ABBOTSFORD
13. THE RAIL DISTRICT 2774 Montrose Avenue 604-850-0040 raildistrict.ca
THE MASON BUILDING
CONDOMINIUM HOMES ARRIVE AT THE RAIL DISTRICT
The Rail District is a new, masterplanned community where urban excitement and convenience meet a laid-back, natural lifestyle, with architecture and design that celebrate the local history and community.
People who choose to call this Abbotsford neighbourhood home have a friendly, outgoing attitude to life and a deep-seated belief in the value of community.
And now there’s a whole new way to experience this master-planned community. Say hello to The Mason Building. The first of two midrise residences in the heart of the community, this collection of just 93 character condominium homes is inspired by tradition but built for today.
LOVE YOUR LIFESTYLE
Viewed from the street, The Mason Building is an inviting combination of natural brick, grey and white HardiPlank siding, with matte black
metallic accents. Staggered rooflines add a playful whimsy that says: “Life is meant to be enjoyed. Come home and be inspired to create something beautiful.”
Inside, these homes blend the warmth of natural colour palettes with the comfort and spaciousness of minimalist design, the perfect canvas to create your own, unique story. And with nine-ft. ceilings—or 11-ft. vaults on the penthouse level— plus expansive windows in every room, every suite is kissed by the sun throughout all four seasons.
Kitchens are ready to inspire culinary adventures with full-sized, stainless steel KitchenAid appliances, including a five-burner gas range, matte black faucets, undercabinet lighting, USB chargers conveniently located in the island/eating bar, and the ease of roll-out recycling bins.
Naturally, every home includes a generously sized balcony or deck,
many with views of the surrounding mountains. Penthouses boast patios with 360-degree views and unlimited opportunities for stargazing or sun salutations at sunrise.
OH WOW AMENITIES
Exclusive to The Mason Building is a diverse array of amenities to enhance your lifestyle. Start with an entertaining kitchen/dining room that connects directly to an outdoor greenspace with barbecue, game area, long table dining, children’s playground, and a dog park with washing station for four-footed family members. Plus, there’s the convenience of parcel delivery lockers, EV charging capacity in every parking stall, and an on-site car wash. Need yet another enticement? How about access to The Station, Rail District’s freestanding amenity building. Here’s just a hint about what’s waiting for you to discover:
A fireside lounge with kitchen and dining, a fitness centre, a bike repair room, a business centre with meeting room, a swimming pool, and a kid’s play area. Intrigued? Guess you’ll just have to visit to get full details.
All this, plus The Rail District neighbourhood connects directly to downtown via the Rail Trail, a brand new walkable, bikeable route.
The Mason Building’s presentation centre is now open exclusively by appointment at 103 – 2724 Montrose Avenue in Abbotsford. Prices anticipated to start in the mid $400,000s, and for a limited time only, include air conditioning in the main living areas. To book your private VIP viewing ahead of
the public grand opening on Sept. 23, register today at raildistrict.ca or call 604.850.0040 to speak with a member of the sales team.
MAKE THE MOST OF YOUR VISIT TO A PRE-SALE
PRESENTATION CENTRE
For the most part, you want to leave a presentation centre armed with the information you need to continue your purchasing journey, but what if you don’t know the right questions to ask to be fully informed?
THE BENEFITS OF VISITING A PRESENTATION CENTRE
Visiting a presentation centre provides you with the overall vision of the project. It is professionally designed to communicate the lifestyle the new development will provide, offering a better understanding than documents alone can of the eventual internal and external features and layouts. What you’ll see is the pre-sale project as a whole, individual sample
show homes, and the sales team that is representing the project.
WHO TO GO WITH AND WHAT TO BRING
Bring a trusted friend or family member with you on your visit to share in the experience and help in the decision-making process. In addition, bring a realtor with you as chances are, he or she can assist you in making the best choices for your specific list of wants and needs.
Don’t forget a pen and paper. Ask questions, take notes and discuss it all with your companions to make sure you’re maximizing your best options.
GATHERING
INFORMATION
Knowing what to ask is key to establishing better peace of mind as a potential homebuyer. Here are some questions to help you get the information you need.
1. WHAT’S INCLUDED IN THE STARTING PRICE?
You probably have a budget in mind before stepping into the presentation centre, so don’t be afraid to ask about pricing right off the bat. When it comes to starting prices, you also need to know which features and finishes your new home will come with. There’s a good chance the sales centre will have a model suite or suite vignettes, or it may actually be located in a model home. If you have the opportunity to tour a model,
ask whether the finishes seen are upgrades or standard.
2. WHAT FLOORPLANS ARE AVAILABLE?
If you’re at a relatively new presentation centre opening, the answer will likely be “all of them.” However, it’s still a good idea to inquire, especially if you have a certain plan in mind or are a novice homebuyer. This information will help you determine whether or not you need to stick around at the site. If what you’re looking for is available, then jump on it. If not, continue your home hunt.
3. WHAT COLOUR SCHEMES ARE AVAILABLE?
Nine times out of 10, you have a colour scheme in mind before you even step foot inside a presentation centre, so again, go ahead and ask what’s available. Although it may seem like a relatively easy change,
homebuyers can be particularly sensitive to colour scheme selections. Purchasing a pre-sale home has many benefits, including colour scheme options, customizations, the possibility to spread out deposits and much more. Pre-sale also provides you the opportunity to plan ahead, allowing you the time to budget.
4. WHAT DOES THE DEPOSIT SCHEDULE LOOK LIKE?
Generally speaking, you need a deposit to secure your unit. The good news is your deposit structure is paid out over time, so you won’t need to have it all available up front. Before you sign an agreement to purchase, ask if you’re able to rescind your offer with no fear of penalties. If a timeline is given, most people take this time to have their lawyer review the contract and to get pre-approval from a mortgage lender, which is usually a requirement from the builder.
5. WHAT ARE THE STRATA FEES?
Your monthly strata fee is an amount that the strata corporation uses to pay the common expenses of the development. Your individual fee is assessed by taking the total cost of the strata’s expenses and dividing that by the unit entitlement of your strata lot. Be sure to inquire, so you’re able to budget effectively for your new home.
Overall, your presentation centre visit should be an exciting opportunity to learn as much as you can about your new home purchase. Don’t have time to visit one? Consider learning more about how you can shop online for your pre-sale home instead.
Brittany Reimer is managing director of MLA Canada’s Fraser Valley branch. Brittany uses her experience, relationships and passion for the real estate marketing industry to help push MLA into a new frontier. mlacanada.com
nexthome.ca/news/advice
by SARA DUCK
BURNABY – NEW WESTMINSTER
BURNABY
1. OASIS AT CONCORD BRENTWOOD 4863 Dawson Street concordoasis.com
2. JUNEAU
604-299-9191 juneaubyamacon.com
3. CEDAR CREEK 7166 14th Street 604-529-8868 liveatcedarcreek.com
4. ALASKA 4455 Alaska St 604-299-9191 alaskabyamacon.com
10. THE STANDARD Metrotown thestandardbyanthem.com
Every room tells a story… and for the moment, the story is pink. With the popularity of Barbie this summer, we are seeing all shades of this fantastic colour everywhere. Pink is not necessarily a hue that many would turn to in decorating, and it’s not always the easiest to mix and match, but it is a happy colour that can be both calming or a bold statement. Most shades of pink can complement, highlight or pair well
with just about any colour scheme or design esthetic. A bold fuchsia or deep cerise pink works well with an ashy chocolate brown, as does a soft pale pink. In turn, a soft pale pink blended with a rich ochre can create a very warm and relaxed palette. Pretty dusty salmon or coral pinks look lovely with greyish blue tones. Deep greens and blues with varying shades of pink can denote a slightly more traditional vibe, while a vibrant
chartreuse blended with softer pinks can be more modern or edgy. Pale pinks and warm grey tones work if you’re feeling a bit retro, while more muted hues and deep eggplant purples can create a relaxing nostalgic vibe… the versality of pink is endless.
EASE INTO IT
If you are feeling that pink is a trend you are itching to explore but just can’t bring yourself to go all the way,
try easing into it with some light accessories or throw cushions. Or if you’re ready for just a tad more, then try creating a feature wall with a great wallpaper pattern or bold shade of pink. There are so many possibilities that would allow you to inject a bit of this fun trend into your home — beautiful fabric and wall covering patterns in wonderful shades to please any mood, style and room.
SOME DECOR TIPS
If you’re looking to incorporate multiple patterns and textures into your space, there are a few things to keep in mind to achieve that “designer look” in your own home. Balance is key. Remember to vary the scale of the patterns from small to large and maintain the same depth or magnitude of colour to avoid an imbalance in the space. Start by blending together a minimum of three fabric patterns for a solid base to expand on. Your first pattern should be the most impactful. The second pattern should be completely different, about half the scale of the first one and should incorporate some similar hues and tones. The third pattern can be smaller scale and similar in pattern to either of the first two, with at least two to three of the colours found in the other patterns. So, for example, if you have selected a large-scale floral as your first pattern, the second could be a bold stripe or a geometric fretwork pattern. Then blend in another small-scale floral or an alternative geometric for the third. You can still add another pattern or two or three, if you wish; maybe a small check, dot or something in a solid small-scale texture. If you’re more adventurous, consider throwing an animal print into the mix for a bit of fun. There are a lot of fabulous pink animal prints available today that can spice up a room –and remember to maintain balance throughout your space.
IN THE PINK
Pink is in, so be bold and explorative in your decorating. Enjoy this trend to create a chicer home. You may be surprised where it will take you.
Linda Mazur is an award-winning, nationally publicized designer and principal of Linda Mazur Design Group. This multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds in Toronto, the GTA and Canada. lindamazurdesign.com @LindaMazurGroup
IS WINTER A GOOD TIME TO BUY A NEWLY CONSTRUCTED HOME?
nexthome.ca/winter-homebuying
AMENITIES AND HOW THEY SUIT YOUR LIFESTYLE
nexthome.ca/amenities-lifestyle THE PERFECT BALANCE OF FUNCTION AND HIGH STYLE
nexthome.ca/bold-beautiful-interiors HOW TO STAGE YOUR HOME FOR A QUICK SALE
BC 99 & Copper Dr 604-980-0016 britanniabeachliving.com
8. SEA AND SKY 604-559-7918 hellosquamish.com
9. REDBRIDGE 1606 Scott Crescent redbridgesquamish.com
10. FINCH DRIVE 1050 Finch Drive 778-990-1129
NEW
These listings are meant to offer a comprehensive overview of new home and condo developments currently being marketed throughout Metro Vancouver and the Fraser Valley.
ABBOTSFORD
Court MR
604-621-5888 Now Selling
Downtown Gate TH 604-357-1943 Coming Soon
Falcon Ridge SF 604-309-0540 From $789,000
High Street Village LR/TH highstreetvillage.ca Coming Soon
JEM LR jemliving.ca Coming Soon
Laurel on Mill Lake LR laurelmilllake.com Coming Soon
McKenzie Mews TH mckenzie-mews.com Coming Soon
Montvue LR montvueliving.ca Coming Soon
Onyx at Mahogany LR 778-255-7099 Now Selling
The Peak at Mountainview TH mymountainview.ca Call
The Rail District TH raildistrict.ca Register Now
BURNABY
O2 Metrotown HR o2metrotown.com Now Selling
Arbour MR/TH 604-559-5795 Now Selling
Azure at Southgate HR azureatsouthgate.com Now Selling
