THEVLIST - Fall 2008

VIRANI REAL ESTATE ADVISORS

SEPTEMBER 2008

Virani is Vancouver. Vancouver is Virani.

3828 Bayridge Avenue

604.913.1000

WWW.VIRANIHOMES.COM

Page Three

Happy Birthday British Columbia, the best place in the world to live! We hope you enjoyed your B.C. day. We are celebrating 150 years and many cities, towns and villages throughout the province will mark this anniversary in their own unique way. These events help to strengthen communities and help neighbours get to know one another. To learn more about the history of B.C. and the various events scheduled, go to www.bc150.ca.

Promise yourself that this year you shall visit one part of our beautiful province that you

VIRANI REAL ESTATE ADVISORS THE VILLAGE AT PARK ROYAL J4–925 MAIN STREET WEST VANCOUVER, BC V7T 2Z3 604.913.1000

have not seen before. You will be amazed at the developments you see along the way, on the lakes, on the mountains and by the rivers. These are all attracting buyers and investors from all over the world. What lucky people we are to live in Beautiful B.C. Sincerely,

Karim Virani

KARIM VIRANI FOUNDER

MONICA VIRANI REAL ESTATE ADVISOR

DAVID MATIRU REAL ESTATE ADVISOR

SERENA SELLENTIN MEDIA COORDINATOR

HANEEF VIRANI PARTNER

CLAIRE GODFREY REAL ESTATE ADVISOR

KRYSTAL MEEDS REAL ESTATE ADVISOR

VERONICA SMITH RECEPTIONIST

FRANK KEARNEY MANAGING BROKER

CHRIS HARBURN REAL ESTATE ADVISOR

ALFREDO LAVAGGI REAL ESTATE ADVISOR Cert no. SW-COC-002226

©2008 Virani Real Estate Advisors All rights reserved. This magazine and all the contents contained are protected by copyright law. It may not be reproduced, transmitted or stored in a retrival unit of any kind in whole or in part without the prior written permission of Virani Real Estate Advisors. This communication is not intended to cause or induce breach of existing agency agreements.

WEST VANCOUVER

West Vancouver Market Comment For the past several months we have seen a slowdown in the home market as demand has eased from the highs of 2007. The B.C. Real Estate Association says the market has rebalanced and now there is actually a higher supply, meaning the market is now favourable towards buyers. Detached home construction has slowed due to high land prices and high construction material costs and any gain in overall housing units is in multi-family construction. Since May 2008, housing prices across each residential category have declined, which is good news for buyers. Smart sellers are now reducing their asking price and smart buyers are acting quickly.

Luxurious Lifestyles 2440 Halston Court

1109 Hillside Rd.

1083 Eyremount Dr.

For the Most Discerning

Grand Residence!

Stunning residence set on over half-acre lot. This home boasts beautiful views, Miele and Kitchen Aid appliances, radiant heating, top of the line Kohler bathroom fixtures, home theatre, built-in speakers, Ipod capability, Saline pool, Jacuzzi with waterfall, outdoor dining area, 500 bottle wine cellar, and home gym. $6,700,000

Palatial Villa exudes elegance and opulence. 6 bedrooms, and over 7,000 square feet of fully gated estate-like residence on prestigious Eyremount Drive. Rich finishing’s throughout including extensive use of imported marble and custom millwork, this home is truly a work of art! $5,888,000

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VIRANI REAL ESTATE ADVISORS

WEST VANCOUVER

3090 Spencer Dr.

3304 Radcliffe Ave.

Altamont Estate!

Beachfront Living!

Gorgeous Altamont show home on a fully landscaped halfacre lot. Quality workmanship through this 7,000 square foot home which exudes modern class and elegance and offers all the attributes of a true dream home. From the gourmet kitchen to the fabulous outdoor entertaining area this home emits a wonderful emotion! $5,688,000

Take this opportunity to enjoy an amazing, rarely offered oceanfront property in the heart of West Bay. Take in the panoramic views of the city and ocean from your patio, which is just a step away from the beach below. Surrounded by multi-million dollar estates, truly exceptional! $5,199,000

4718 Woodvalley Pl.

720 Southborough Dr.

West Coast Wonder!

Countryside Mansion

Absolutely breathtaking private paradise! This rare offering defines the ultimate in west coast living from the stunning ocean views to the post and beam architecture. The expansive outdoor living and entertainment areas with an infinity pool to take in the full impact of the surrounding water, mountains and nature. $4,999,000

Spectacular 5 bedroom custom built family estate set on a level half-acre lot. This special residence offers a wonderful open plan living area facing out towards fully landscaped level backyard, fireside patio, outdoor pool and hot tub.

Custom finishes include solid walnut oak floors, numerous built-ins, gourmet kitchen with top line appliances, media room, and large circular driveway. $4,988,000

604.913.1000 WWW.VIRANIHOMES.COM

Gone!

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WEST VANCOUVER

5530 Parthenon Pl.

2440 Halston Ct.

Life on the Water

Whitby Estates

Stunning and private waterfront residence offering unparalleled views from all 3 levels and approximately 5,700 square feet. An entertainer’s true dream with magnificent outdoor areas complimented by the vast indoor rooms filled with light from the floor to ceiling windows. A very exclusive offering! $4,988,000

Enjoy spectacular views from all 3 levels of this 2 year old home. Gourmet kitchen with Wolf and Sub Zero appliances, butler’s pantry and built in wine fridge. All bedrooms are complete with ensuited bathrooms including a luxurious master suite, guest/nanny accommodations on main level and 2 additional bedrooms below. $4,988,000

2378 Constantine Pl.

2336 Kadlec Ct.

Equisite Design

Whitby Estates

Custom built nearly 6,000 square foot 2 level home with panoramic views. High end finishings throughout including extensive stone and millwork. Private master bedroom with a separate self contained children’s wing. Expansive Brazilian slate patios and decks and a large BBQ area great for entertaining. West Coast architecture at its best! Only the best will do! $4,780,000

This sophisticated West coast contemporary home boasts stunning panoramic views of the city and ocean. Situated on a street of multi million dollar homes this brand new custom built home has had no expense spared. Featuring a spacious, open floor plan, 3 levels, a spiral staircase, hardwood floors, a gourmet kitchen as well as professional landscaping. $4,499,000

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VIRANI REAL ESTATE ADVISORS

WEST VANCOUVER

2343 Constantine Pl.

1379 Chartwell Dr.

European Craftsmanship

Spectacular Chartwell View Home!

Panoramic views featuring 7,000 square feet, 6 bedrooms and 7 bathrooms, 10 foot coffered ceilings, and rare black walnut flooring. Gourmet kitchen with commercial grade stove, and built in cappuccino maker. Spacious downstairs with nanny’s quarters, kitchen, wine cellar, outdoor spa area, large patios and serene waterfall. $4,480,000

Gorgeous city and ocean views from this 1 year custom home boasting 3 levels of exquisite living with the highest standard of finishes throughout. From media room and outdoor pool to the gourmet kitchen and wine room, nothing has been overlooked in making sure this home provides all the qualities of a true dream home! $4,399,000

1015 Eyremount Dr.

2698 Finch Hill

Form and Beauty!

Private Canterbury Residence

Contemporary Lamoureux designed home with fabulous city and water views. This 2 level home features a floating staircase, gourmet kitchen with built ins, large formal living and dining area with double height ceilings, spacious spa like bathrooms with use of slate and granite. Situated on a large private level lot with 3 car garage. $4,388,000

Unobstructed city and ocean views from this 4 year old David Poskitt designed luxury home. This 7 bedroom, 8 bathroom home features lovely combination of marble and oak hardwood floors, gourmet granite and stainless kitchen, in-floor radiant heating, built-in speakers throughout, huge entertainment patios and decks, outdoor hot tub, upper floor air conditioning, all on a half-acre acre lot. $3,999,990

Gone!

604.913.1000 WWW.VIRANIHOMES.COM

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WEST VANCOUVER

1361 Whitby Pl.

1080 Eyremount Dr.

Chartwell View Home

Elegant Living!

Exceptional close in city and ocean view! This 6 year old home boasts 5 bedrooms and 7 bathrooms on a 3 level fabulous floorplan. Features include limestone and hardwood flooring, custom millwork and wrought iron staircase, wok kitchen, air conditioning, heated driveway and 3 car garage.

All on a private cul-de-sac! $3,990,000

Brand new on Eyremount Drive. This estate-like residence sits on an over 18,000 square foot lot of fully landscaped gardens containing an impressive water feature. The interior boasts rich finishings, gleaming hardwood floors, high end appliances, private and secure office with separate entrance and 10 year New Home Warranty. $3,988,000

792 Southbrough Dr.

620 St. Andrews Rd.

Convenient British Properties!

Brand New!

Stunning brand new custom built 5 bedroom and den home located in the Lower British Properties. A 17,000 square foot lot and over 6,300 square feet on 3 spacious levels with open plan and high ceilings throughout. Top of the line fixtures and finishes plus 4 ensuited bedrooms, full wine cellar, and home theatre. $3,499,000

Constructed to the highest of standards, this over 9,000 square foot home boasts staggering city and ocean views with traditional elegance throughout. Expansive hardwood flooring, stainless steel appliances, built in sound system, home theatre room, grand staircase, and dramatic vaulted ceilings. $3,488,000

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VIRANI REAL ESTATE ADVISORS

Gone!

WEST VANCOUVER

1128 Crestline Rd.

2397 Constantine Pl.

Pristine Views

Tremendous Value

The overall design of this six-bedroom British Properties residence, with high ceilings and central winding staircase, strikes a balance between impressive and inviting. Features include radiant in-floor heating, granite counters, top-end kitchen appliances, hot tub, steam and saunas, spacious backyard. $3,280,000

Stunning views from this luxurious home in the prestigious Whitby Estates on a quiet cul-de-sac location. Over 6,000 square feet of living space with 4 bedrooms and 6 bathrooms.

Each Bedroom features its own private ensuite. Take in views from one of the many covered balconies and decks.

Downstairs features a large rec area, perfect for entertaining. $3,199,999

Gone!

4893 Northwood Pl.

1508 Errigal Pl.

Endless Views!

Mediterranean Villa

Unlike anything you’ve seen, is this stunning OCEAN VIEW HOME located at the end of a cul-de-sac on a rare over 1 acre lot! From the massive entertainment patio overlooking the view to the spectacular huge indoor pool area, this home will leave you breathless. With recent renovations throughout this immaculate residence is sure to please! $3,150,000

Enjoy the spectacular ocean and city views from this custom built Mediterranean style home, recently upgraded, featuring arches and columns showcasing hardwood floors. Cook gourmet meals in the imported Sematic kitchen with top of the line appliances and separate Wok kitchen and then entertain on the south facing decks. Also features heated driveway, and indoor pool with sauna. $2,998,000

604.913.1000 WWW.VIRANIHOMES.COM

Gone!

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WEST VANCOUVER

355 Mulgrave Pl.

2780 Rosebery Ave.

West Coast Splendor!

Contemporary Elegance

Finely crafted West Coast architectural home located in the prestigious British Properties. Over 5,000 SqFt on 2 levels, this home boasts exquisite finishings and the utmost attention to detail. High vaulted ceilings, wide plank walnut floors, open floor plan and entertainment-sized patios. A rare offering! $2,788,000

Fabulous views from this custom built contemporary home located on private cul de sac. Fine attention to details throughout boasting features such as hardwood floors, gourmet kitchen, air conditioning, separate zone heat controls, indoor hot tub, home theatre and expansive decks.

This entertainment style home is sure to please. $2,788,000

990 King Georges Way

956 Taylor Pl.

Street of Dreams!

Brand New Craftsman Home

Lovely close in views of Downtown and the Harbour from this remodeled 6 bedroom, 2 level home. Renovations include cherry hardwood floors, granite kitchen and bath counters, new paint, moldings, roof and much more. Other features include a 0.65 acre lot and level backyard. A great opportunity on this prestigious street! $2,688,000

Crafstman style, 5 bedroom home designed to the highest of standards with its rich cedar exterior. Top of the line fixtures and fittings throughout with great use of hardwood and stone. Great opportunity for in-laws or nanny accommodation. Gorgeous outdoor entertaining areas with mature landscaping. $2,668,000

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VIRANI REAL ESTATE ADVISORS

WEST VANCOUVER

3828 Bayridge Ave.

4882 Vista Pl.

Refreshing Designer Flair

Caulfield’s Finest Vistas!

Gorgeous, close-in harbour and water views from this completely rebuilt and renovated, Mason Kent designed, West Coast home, located in the prime part of Bayridge. This home features a great room, separate living room, exercise room, games room, media room, den, 4 bedrooms, 4.5 bathrooms including 3 ensuites, 3 gas fireplaces and double garage. $2,499,000

Contemporary home completely renovated. Phenomenal finishings include a gourmet kitchen with granite countertops and built in wine rack. Beautiful master bedroom with rain shower and mosaic tiling. Huge entertainment sized deck with spectacular views. Speakers throughout with Ipod capability and video surveillance. $2,399,000

1580 Nelson Ave.

1116 Hillside Rd.

All Day Sunshine!

Fantastic Building Opportunity

Immaculate 5 bedroom, 5 bath home! This almost 5,000 square foot open plan home is filled with all day sunshine and sits on a 75 x 122 lot in Ambleside. Outdoor enjoyment is provided by 2 decks, outdoor swimming pool and large grassy areas. Within walking distance to schools and shopping, this home offers a great family lifestyle! $2,388,000

Spectacular mountain, ocean and city views from this over 15,000 square foot property located on a quiet British Properties location. Architecturally designed 6 bedroom split level home with a large sunny patio. A great opportunity for renovations or a magnificent site to build your dream home, the possibilities are endless. $2,290,000

604.913.1000 WWW.VIRANIHOMES.COM

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WEST VANCOUVER

1574 Vinson Creek

1175 Sutton Pl.

Exquisite Panoramic Views

Contemporary Masterpiece!

Spacious, nearly 6,000 square feet with 6 bedrooms, 5 bathrooms on 2 levels. Fantastic open floor plan with high ceilings and skylights. Gorgeous gourmet kitchen with high end stainless steel appliances. Living area opens onto huge covered deck great for entertaining. Rec, media room and gym downstairs with a separate bedroom and bathroom for nanny’s quarters. Features a huge private, flat backyard great for kids. $2,248,000

Stunning contemporary created by Cardew Architects.

Extensive use of glass and concrete walls to create a modern Zen feel throughout. A true entertainers delight, the home boats grand outdoor living space including pool and hot tub, Wolf BBQ and fully landscaped yard, all on a quiet cul de sac. $2,199,000

610 Southborough Dr.

3796 Westridge Ave.

Tremendous Value!

Upper Bayridge View Home!

Tremendous value in this well kept home on Southborough Drive sitting on a large nearly 18,000 Square foot lot. 3 bedrooms up, spacious main level with large sunny deck off the kitchen and a large rec room and guest suite below.

Excellent opportunity to customize or build your dream home in this fantastic location! $1,999,000

Spectacular westerly ocean views over lighthouse park to Vancouver Island from this unassuming, 4,500 square foot home located on a quiet cul-de-sac in Upper Bayridge.

Numerous updates throughout this home which boasts a great outdoor entertaining area with huge decks and an outdoor pool children will love! $1,988,000

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VIRANI REAL ESTATE ADVISORS

WEST VANCOUVER

2392 Constantine Pl.

4708 Meadfeild Pl.

Stunning View Lot

Private Cul-de-sac

Spectacular city and ocean views from this 14, 126 square foot lot allows you the opportunity to build your dream house with the complete architectural drawings by renowned architects FNDA. Build over 5,000 square feet on 3 levels with 4 bedrooms and 6 bathrooms. In close proximity to all that West Vancouver has to offer. $1,799,000

Fabulous views with a sunny southern exposure, cool ocean breezes, and situated on a quiet and peaceful cul-de-sac. The Master bedroom features a sunken tub and separate shower, walk in closet with dressing room and ďŹ replace. An open plan living area with private deck allow for entertaining. $1,799,000

5780 Telegraph Trail

1307 Sinclair St.

Semi-waterfront

Quiet Cul-de-Sac

Beautiful semi-waterfront property looking overlooking Thunderbird Marina and West Vancouver Yacht Club. Excellent investment opportunity or build your dream home on this over half an acre lot in a private setting yet only minutes to Caufeild shopping centre, schools, trails and more! $1,688,000

Spectacular level property nestled in the heart of Ambleside!

An ideal investment or build your dream home. Located on a quiet cul-de-sac, this 2 storey house featuring a childfriendly yard is centrally located close Marine Drive shops and restaurants, and Ambleside Beach. This bright property will not last long! $1,680,000

604.913.1000 WWW.VIRANIHOMES.COM

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WEST VANCOUVER

685 St. Andrews Rd.

415 Hadden Dr.

Opportunity Knocks

Carefree Lifestyle!

Panoramic views of Mt Baker and Downtown sitting on a 21,000 square foot lot. Over 4,000 square feet of living space with 6 bedrooms and 5 bathrooms. Private deck off the master bedroom, perfect for enjoying the view. Vaulted ceilings, floor to ceiling windows and skylights make this house open and bright. Features a 2 car garage with access from the main level. $1,598,000

Tastefully updated 3 bedroom and den rancher on a fully landscaped 0.46 acre lot in Lower BP’s. Features include refinished hardwood floors, upgraded kitchen with cherry cabinets, south facing windows overlooking the backyard and pond, circular driveway, gated entry and separate in-law accommodation. $1,589,000

625 St. Andrews Rd.

1035 Greenwood Pl.

British Properties!

Incredible Value

Spectacular over half-acre view property in quiet location.

An excellent holding property or building site for a dream home. The property features 117 feet of frontage, circular driveway and city and water views. Current rancher has over 2,300 square feet and is located close to Hollyburn Country Club and schools. $1,499,000

Enjoy the panorama city and ocean views from this 4 bedroom renovated home on a gorgeous level 13,700 square foot VIEW lot. This 2 level home boasts renovated bathrooms, newer paint, flooring and roof plus cul-de-sac location.

Upper level offers great views with 3 bedrooms and lower level has a 1 bedroom in-law accommodation with separate entrance. $1,488,000

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VIRANI REAL ESTATE ADVISORS

WEST VANCOUVER

1032 Esplanade Ave.

5489 Keith Rd.

Mason Kent Designed

Mountain Views in Caulfeild

Custom home designed by Mason Kent. Kitchen with stainless steel appliances opens to large formal living area. 2 bedroom in – law accommodation with separate entrance, and laundry. Features oak floors, built in speakers, spacious deck and balconies and 2 car garage. Located steps to the beach and Park Royal Village. $1,475,000

Surrounded by lovely mountain views, this 3 level home in Caulfeild features 4 spacious bedrooms up and large open living areas on the main. A newer kitchen with granite counter tops and Kitchen Aid appliances, newly finished hardwood floors, large windows and skylights throughout make this a fantastic family home. $1,399,000

5561 Marine Drive

880 Jefferson Ave.

Eagle Harbour

Just Like New!

Sunny and bright 4 bdrm, 4 bath Tudor style home in Eagle Harbour. Well maintained and updated with high ceilings, skylights, refinished hardwood floors and new roof with lifetime warranty. Private flat lot and surprisingly quiet, nicely set back from the street featuring lovely gardens, water fountain and front gate. $1,395,000

Gorgeous finishings throughout this completely renovated 4 bedroom home offering very scenic and dramatic Mountain views. Set in a quiet Sentinel Hill location, this home feels like new from the moment you drive up. Everything from flooring, paint, kitchen, bathrooms and landscaping has been tastefully upgraded. $1,389,000

604.913.1000 WWW.VIRANIHOMES.COM

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LUXURY HOME

945 15th St. West Vancouver Georgie Award Winner

Absolutely breathtaking from the moment you enter this completely redesigned 4 bedroom contemporary home, set on an over 11,300 square foot lot. Behind the gorgeous hardi-panel garden wall, you will find a dazzling waterfall and reflecting pool that lead you to one of the most spectacular homes this area has to offer. A great room open plan offering fin’s such as a custom granite & stainless kit, “Wenge” H/W floors, an ext use of custom mill working & cab’s & suspended halogen lighting. Nothing has been overlooked in this high quality renovation by renowned Architests FNDA. In addition to being honored w/2 Georgie Awards & receiving the 2007 Design Excellent Award, this home has also been featured in Western Living Magazine.

Paradise awaits you! $1,698,000

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VIRANI REAL ESTATE ADVISORS

17 LUXURY HOME

WEST VANCOUVER

4711 Woodside Pl.

1493 Haywood Ave.

Entertainer’s Paradise

Ambleside Charmer!

Nicely updated 4 bedroom, 3 bathroom home sitting on a totally sun filled 19,000 square foot property. This entertaining style home boasts spacious main floor living with upgraded kitchen, new bathrooms and new carpets. The floor plan offers 3 bedrooms on main level including master suite.

The outdoor areas are fabulous with huge swimming pool, hot tub, and level yard. $1,299,000

Charming home centrally located in Ambleside. Tastefully updated throughout, oak hardwood flooring, crown mouldings and stainless steel appliances. A great 4 bedroom family home with private backyard and patio, and access to rear carport. Close to schools, shopping and the beach, this is a perfect location. $1,285,000

4005 Rose Crescent

554 Ballantree Rd.

Steps to the Beach...

Sweeping mountain views

Immaculately maintained 4 bedroom, 3 level view home within steps to Sandy Cove Beach. A very bright and open floor plan featuring oak hardwood floors, stainless steel appliances, 3 bedrooms up and 1 bedroom in-law accommodation on lower level. Other features include level front yard and driveway, 2 car garage, and lovely water views. $1,249,000

Charming 4 bedroom, 3 bathroom home with 2 levels of living space. Large living room above, updated kitchen with eating area, and spacious family room below. 2 car carport, private yard, mountain views and peek a boo water and city views to be enjoyed from the large sundeck. This is a perfect family home! $1,195,000

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VIRANI REAL ESTATE ADVISORS

WEST VANCOUVER

690 Burley Dr.

3921 Bayridge Pl.

One Level Living

Fabulous Family Home

Fall in love with this perfect starter family home. Very well kept, charming 3 bedroom rancher on a quiet cul-de-sac location. Large covered backyard patio great for year round BBQs and fully fenced flat backyard ideal for kids and pets.

Updates throughout including 2 year old roof. Lovely, mature landscaping adds to the homes great curb appeal. $1,098,000

Inviting family home surrounded by nature on an over 11,300 square foot lot. Over 2,500 square feet of living space with 3 bedrooms and 3 bathrooms. Upstairs features a large living room with vaulted ceilings. Skylights and large picture windows make this home nice and bright. Downstairs includes a third bedroom, office, rec-room and storage/workshop. $1,095,000

788 Hamilton St.

3101-111 W.Georgia St.

European Design

Spectrum 2

Spacious 1 & 2 bedroom high floor suites in the stylish and modern TV Towers. Well layed out with sleek interiors and European inspired finishing’s. Conveniently located in the heart of downtown at the corner of Robson and the edge of Yaletown, steps to GM & BC Place. Estimated completion summer 2009.

From $549,000

Fantastic water views of False Creek from this brand new never lived in high floor suite! Includes upgraded features with stainless steel appliance package, stone countertops in kitchen and bathroom and Euro style fixtures. In-suite laundry and one parking stall. 24 hour in-tower concierge and amenities including indoor lap pool, sauna, steam room, whirlpool and gym. $499,000

604.913.1000 WWW.VIRANIHOMES.COM

Gone!

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Profile

Krystal Meeds

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Becoming a Real Estate Advisor with the Virani team has been a series of stepping stones for Krystal Meeds. Early in her career she aligned herself with top-producing realtors, who taught her the negotiation and personal skills necessary to be successful. Those who know her describe her as a “bright spark,” and her positive energy puts people at ease. Krystal loves gourmet cuisine and fine wine, and in her spare time she enjoys dancing, walking the sea wall, and spending time with her niece and nephew. Working with North Shore buyers is easy for someone who is so proud to call this place her home.

VIRANI REAL ESTATE ADVISORS

NORTH VANCOUVER

North Vancouver Market Comment On the North Shore, most of the new concrete high rises are in North Vancouver city. Many of these new developments are under construction and pre-sold. On numerous occasions we have warned prospective presale buyers to be sure to seek a realtor’s advice. Now the B.C. Real Estate Association, the Canadian Home Builders Association and the Urban Development Institute have jointly developed a presale Cross Reference list which is intended to help presale buyers acquiring a home under construction. For more information visit www.udi.bc.ca. In North Vancouver listings are outpacing sales in all three categories of housing, but average prices are up over the same period in 2007.

Nature at it’s Best 101-3383 Capilano Crescent

4435 Sycamore Rd.

4442 Capilano Rd.

Exclusive Edgemont Residence

European Elegance

This Custom-Built Estate-Style Craftsman Home seamlessly blends contemporary interior design with traditional layout and style. A luxurious residence offering 6 Bedrooms and 6 Bathrooms, this home is set in a park-like Edgemont location within walking distance of Handsworth Secondary, Canyon Heights Elementary and all that Edgemont Village has to offer. $2,199,000

European inspired showpiece of impeccable craftsmanship and luxury design on an 11000 square foot gated lot with manicured gardens and water features. Unique features include 5 bedrooms and 4 upscale bathrooms, state of the art appliances, complete multi-zone sound system, meticulous finishing details and a functional flooplan with a legal 2 bedroom suite. $1,748,000

604.913.1000 WWW.VIRANIHOMES.COM

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NORTH VANCOUVER

4350 Starlight Way

3982 Michener Ct.

Exclusive Upper Delbrook Residence

Exclusive Braemar Home

Stunning panoramic views of the City, Lions Gate Bridge, Vancouver Island and beyond are experienced from this custom built family home. Located on a quiet cul-de-sac in one of North Vancouver best neighbourhoods, the main level of this house features a modern open kitchen with granite counters, stainless steel appliances and a living and dining area that capture the impressive views. $1,599,000

Rarely available luxury home in one of North Vancouver’s finest neighbourhoods. Enjoy the views of Mt. Baker to Vancouver Island from the bright open kitchen, large master bedroom, entertainment patio and southern back yard. This exclusive Braemar residence is located on a quiet cul-de-sac and is a very special home. $1,499,000

415 Newdale Ct.

932 Canyon Blvd.

Breathtaking City and Ocean Views

Impeccable Craftsman Design

Exclusive Upper Delbrook residence with panoramic views that stretch from downtown to Vancouver Island. A beautifully manicured corner lot with lush gardens landscaped to perfection.

This 5 bedroom home has numerous updates and refurbished hardwood floors complete the main level of this traditional family house. An excellent opportunity to own in this much sought after neighbourhood. $1,278,800

Beautiful craftsman home in Canyon Heights. This home is conveniently located close to Grouse Mountain and all the amenities of Edgemont Village. Built to the highest standards and features a professional kitchen, Brazillian cherry flooring, master steam shower, designer colors, and detailed moldings. $1,269,000

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VIRANI REAL ESTATE ADVISORS

NORTH VANCOUVER

2934 Panorama Dr.

101-3383 Capilano Crescent

Waterfront Custom Home

One-Level-Living at its Best!

GET AWAY FROM IT ALL…complete WATERFRONT privacy with this 4 bed, 3 bath custom home. Panoramic views from any one of your 6 decks and enjoy a soak in the Hot Tub under the stars while you take in your natural paradise. Incredibly rare offering boasts Deep Water moorage, a private dock and plenty of room for visitors. $1,199,000

One-Level-Living at its Best! This 2 bedroom and den is conveniently located close to Edgemont Village and just steps away from all the North Shore has to offer. Features include a bright spacious floor plan, gas fireplace, large private patio area, 2 parking spots and tons of storage. Call for a private viewing. $749,900

143-3300 Capilano Rd.

1029 Heritage Blvd.

Move In and Call It Home!

Finest Townhome Community

Rarely available, updated 3 bdrm, 4 bath home in one of North Vancouver’s most desirable townhouse complexes.

This spacious unit boasts open living/dining room, woodburning fireplace, huge rec/media room and plenty of storage! Placed in a convenient location in a garden setting with private patio for your summer bbq’s. $699,000

“Heritage in the Woods” offers this very bright and sunny duplex located in an expansive peaceful and private development. The 3 bedroom/ 3 bath home has great exposure and a sunny deck to relax and BBQ on. Lots of living space on three different levels. Heritage is a very well maintained complex and also features an outdoor pool and playground. $648,800

604.913.1000 WWW.VIRANIHOMES.COM

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NORTH VANCOUVER

A4-240 West 16th St.

708-188 East Esplanade

Take the Next Step

Gorgeous Southern City Views

Whether you are moving from a condo with a growing family or you are looking for a little less space in a convenient location, this 3 bedroom, 3 bathroom home is for you! Bright and spacious at over 1450 square feet this home features wide-plank laminate floors, insuite laundry, gas fireplace, large west-facing deck, 1 secured parking and large storage locker. $618,000

A spectacular 2 bedroom unit with northwest exposure with beautiful views from your own private patio. With an open kitchen and living space, full granite kitchen with gas stove, in-suite laundry and cozy fireplace this home is a must see.

Enjoy Lower Lonsdale lifestyle with the Market and fine grocers a moment from your door. $599,000

405-124 West 1st St.

601–4025 Norfolk St.

Lower Lonsdale Living

Townhome with a View

Graciously updated 2 bed, 2 full bath apartment in trendy lower Lonsdale. This beautiful 981 sqft. home features modern kitchen with updated cabinetry, stainless appliances and granite counters, designer colors and lighting throughout, beautiful gas fireplace, spacious balcony and a unique outlook featuring both water and lush courtyard views. $579,000

This unique two level, 3 bedroom townhouse has one of the largest floor plans in the complex. With incredible exposure and views of the North Shore Mountains to Capitol Hill, it is one of the best homes Norfolk Terrace has to offer. Finished with top quality materials and well laid out, the unit has an elegant kitchen, premium stainless steel appliances, huge bedrooms and a large deck. Call for your private showing. $579,900

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VIRANI REAL ESTATE ADVISORS

NORTH VANCOUVER

1119 Heritage Blvd.

1007-168 East Esplanade

Huge Heritage Townhome

Exclusive Residence at the Pier

One of the largest townhomes offered at Heritage in the Woods. This much sought after detached home offers three levels of functional living space. Unique features include a large ground level patio and lots of deck space. With a private outset this home has fabulous potential and offers great opportunity to customize. $579,000

Panoramic views from this 1 bedroom in “The Pier”. The suite offers an open floor plan, designed for entertaining and captures the views from the city and beyond. Features include granite countertops, stainless steel appliances, air conditioning, and bedroom with panoramic views and a large open balcony. $459,500

1006-168 East Esplanade

208-122 East 3rd St.

Amazingly Valued View Property

Large Private Patio

Fabulously priced with a panoramic city and water view!

This rare South East facing 1 bedroom in “The Pier” offers an open floor plan capturing the city views in all rooms.

Features include granite counters, stainless appliances, a/c and a large balcony. Only steps to the new John Braithwaite Community and Seabus! $418,000

Over 800 square feet of living space featuring one bedroom, two bathrooms and huge, tranquil private patio with separate gated entrance. This property features high end finishings, and boasts hardwood floors, gas fireplace, and a beautiful kitchen with stainless appliances, and designer lighting and fixtures. $399,000

604.913.1000 WWW.VIRANIHOMES.COM

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VANCOUVER

Vancouver Market Comment The federal government will no longer guarantee 40-year mortgages which were initiated by lending institutions last year. The idea was to help buyers with lower monthly payments as home prices climbed higher. While this action by the federal government will help to stabilize the market and avoid crisis, it will remove many buyers from the market. In addition, a minimum down payment of 5% is now required. These new rules will come into effect next October so as to allow current pre-approved mortgages. High land costs restricted the construction of single detached homes but condominium construction has offset this decline. High costs of labour and materials add to the overall bill for new homebuyers.

Stunning Views Coal Harbour

Two Harbour Green

1103-8 Smith Mews

Waterfront Luxury

Flagship-Assignment

A world class waterfront development, offering spectacular views. This 3,600 square foot suite with 3 bedrooms and 5 bathrooms offers a couture kitchen, elegant powder rooms.

Luxury amenities include private 3-car garage, virtual golf centre, pool, and private room for spa treatments. $5,850,000

Experience ultimate luxury waterfront living in this 2 bedrooms, 2 bathrooms perfectly situated suite on 1,238 square feet Open balcony and expansive windows to enjoy the exhilarating water and city. Coopers Park and the seawall are at your door yet connected to Vancouver’s ďŹ nest dining and shopping districts. $1,498,000

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VIRANI REAL ESTATE ADVISORS

VANCOUVER

201-1280 Richards St.

3210-610 Granville St.

Sophistication and Style

Urban Lifestyle!

Luxurious and stylish two bedroom residence opening onto a street level piazza. 1500 square feet designed and built to international standards of urban life. Award winning gardens and obsessive attention to detail. This is the city’s most architecturally inspired building in the most vibrant neighborhood. $1,495,000

Three bedroom penthouse suite at The Hudson with city and mountain views. Open design, contemporary kitchen with polished stone countertops, imported porcelain tile oors in bathrooms and Italian marble vanities. Steps to Starbucks, Holt Renfrew, Four Seasons, Vancouver Art Gallery and Paramount Theaters. $1,069,000

702-980 Cooperage Wy.

3002-455 Beach Crescent

False Creek Waterfront!

Spectacular False Creek Views

Unobstructed views of False Creek from this 2 bedroom, 2 bathroom waterfront suite in Coopers Pointe along the seawall. Features stainless steel appliances and granite countertops in the kitchen, marble countertops and deep soaker tubs in bathrooms. Unique amenities including concierge, yoga/pilates studio, massage and spa room, lap pool, bowling alley, kayak sign out! $999,900

Beautiful views of False Creek in this immaculate unit.

Featuring stainless appliances, granite countertops and large master ensuite. Parks, shopping and entertainment districts are at your doorstep. You will also have access to the buildings amenities including a lap pool and state of the art exercise center. $939,000

604.913.1000 WWW.VIRANIHOMES.COM

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Market Watch

Listings outpace sales, prices draw back “We’re seeing more price reductions in properties listed on the market, which is having a levelling impact on the housing price increases experienced at the end of last year and into the first quarter of 2008,” said Real Estate Board of Greater Vancouver (REBGV) president, Dave Watt. “There was a slight decline in the total active listings on the market in July compared to June, which is a welcomed departure from recent trends.”

VANCOUVER, B.C. – Aug 5, 2008 – As property listings continue to outpace sales, Greater Vancouver housing prices have drawn back, the last two months, from the record highs experienced in early 2008.

Since May 2008, housing prices, as calculated by the MLSLink Housing Price Index®, across each residential category have declined. Detached properties in Greater Vancouver declined 2.3 per cent through June and July 2008, while attached were down 1 per cent and apartment properties 2 per cent over the same period.

The overall benchmark price for all residential properties in Greater Vancouver has declined 2.1 per cent since the end of May 2008, from $568,411 to $556,605 in July 2008.

Residential property sales in Greater Vancouver declined 43.9 per cent in July 2008 to 2,174 from the 3,873 sales recorded in July 2007.

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New listings for detached, attached and apartment properties increased 24 per cent to 6,104 in July 2008 compared to July 2007, when 4,924 new units were listed.

Sales of detached properties in July 2008 declined 44.2 per cent to 827 from the 1,483 units sold during the same period in 20070. The benchmark price for detached properties is up 5.4 per cent from July 2007 to $753,165.

Sales of apartment properties declined 42.3 per cent last month to 966, compared to 1,674 sales in July 2007. The benchmark price of an apartment property increased 4.7 per cent from July 2007 to $381,687.

Attached property sales in July 2008 decreased 46.8 per cent to 381, compared with the 716 sales in July 2007. The benchmark price of an attached unit increased 5.7 per cent between July 2007 and 2008 to $473,953.

VIRANI REAL ESTATE ADVISORS

FEATURE HOME

FEATURE HOME

1064 Eyremont Dr. West Vancouver Private Retreat!

Sitting on a large 0.985 acre estate sized lot, this one level home is set amongst lush landscaping overlooking views of the city and ocean. Extremely well maintained, hardwood oors, updated kitchen and convenient oor plan with separate bedroom wing. Ideal for entertaining, fantastic outdoor space with pool and spa. Features 2 car garage, security gate and private driveway. $1,950,000

604.913.1000 WWW.VIRANIHOMES.COM

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WISDOM. STRENGTH. Independent Law Firms

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The Village at Park Royal 203-815 Main Street, West Vancouver, BC V7T 2Z3 tel: 604 925-9260 fax: 604 925-9261 300-145 West 17th Street, North Vancouver, BC V7M 3G4 tel: 604 986-4354 fax: 604 986-9183

Connections Maria Killam Colour Designer

Property Presentation Consultants

Maria Killam Colour & Design

Colour Coordination • Interiors • Exteriors Maria will help you create flow with colours that transition beautifully from room to room. She is partners with Benjamin Moore’s Painting & Decorating Services.

Accessories • Styling • Window Coverings • Furniture Would you like your interior to capture your personality and personal style?

Shopping with you is one of the ways to achieve a look that you will love.

Property Presentation Consultants are a cost effective and efficient way of decluttering, rearranging and accessorizing your home to bring out it’s best features.

This is a service that works with every budget. Higher prices means higher expectations. Is your property ready? Call Redo Interiors to have your house transformed into a buyers “dream home”.

Shelley Owen 778-317-redo (7336) | redointeriors@telus.net

Maria Killam Colour Designer | 604.318.9725 | mariakillam@gmail.com

Colin Griffinson Master Painters

Meridian Virani Financial

z L

a c

Mortgage

• Free Estimates • Interior • Exterior • Decorative Finishes

Need we say more?

Get this low introductory rate* ** Call 604.921.4555 to book this amazing rate.

Colin Griffinson INC | Master Painters | 102-8380 St. George Street 604.266.9840 | www.colingriffinsoninc.com * O.A.C. some terms apply. ** Each office is independently owned and operated.

Meridian Virani Financial | 604.921.4555 | Viranifinancial.com

604.913.1000 WWW.VIRANIHOMES.COM

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Virani is Vancouver. Vancouver is Virani.

Our vision is to be “The Most Admired Real Estate Company In One Of The World’s Most Admired Cities.” Admired for the high regard we have for everyone we come in contact with. Admired for our ideals and for our inventiveness. Admired for our alwaysenthusiastic attention to detail and the completeness of the range of services we provide.

And admired too for support of the community we serve. Our entire focus is on the City of Vancouver. Many places will catch your eye. Vancouver is one of the world’s few great cities that also catch your heart. We’re proud to be part of it.