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VIRANI REAL ESTATE ADVISORS

SPRING 2009

Virani is Vancouver. Vancouver is Virani.

604.913.1000

WWW.VIRANIHOMES.COM


A d v i c e

o n

W i n t e r S n o w Da m a g e from

A

KATSURA LANDSCAPING Ltd.

fter the snow storms of December and January

many people will find their garden in a mess. Trees with broken branches, hedges toppled over, shrubs crushed from the weight of the snow. In order for the plants to regain their shape and form, they will need to be pruned to encourage new growth. Broken branches should be cut back to the point of origin and in some cases removed completely. Laurel hedges can be pruned back hard while Cedar hedges should be tied up with ArbourTie before pruning only green. Shrubs like Hydrangeas, Heathers, Spiraea and Potentilla benefit from Spring pruning. Most plants can withstand the winter weather, but need some care and attention in the Spring. Give us a call for a free estimate on a Spring cleanup.

KATSURA LANDSCAPING Ltd. Telephone: Email:

604-518-5661 info@katsuralandscaping.ca

Web:

www.katsuralandscaping.ca

For several years, Katsura Landscaping has done a wonderful job caring for our garden. From tree and flower planting to pruning, clean-up and hedge installation, (THEY) are great to work with, knowledgeable, reliable, hard-working and patient. Many neighbours' gardens have also benefited from their work, and I would highly recommend their year-round services for a beautiful garden. C.J. Mitchell, West Vancouver


Page Three

2009 promises to be a new market economy. I am excited at the opportunities that will present themselves this year. It is wise to consider your buying and selling decisions strategically. Currently the bank rate is at one percent (1%). The lowest I have seen in my 21 year real estate career. 5 year mortgages are offered by many financial institutions at lower than five percent (5%). When you consider that the market has corrected by almost twenty percent (20%), this offers an opportunity to investors and new homeowners. Many of my clients and friends are concerned about why the market has corrected. I believe we are in a period where many would-be buyers

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

are in an advantageous position. The interest rates offered by financial institutions are low and there is a market correction. This makes it more affordable. We can help our clients achieve their real estate goals, minimize risks and build real estate investments. Please feel free to call one of our Real Estate Advisors for a consultation. Sincerely,

Karim Virani

KARIM VIRANI FOUNDER

CLAIRE GODFREY REAL ESTATE ADVISOR

MONICA VIRANI CLIENT CARE

HANEEF VIRANI PARTNER

DAVID MATIRU REAL ESTATE ADVISOR

LINDA CROWDER CLIENT CARE

FRANK KEARNEY MANAGING BROKER

KRYSTAL MEEDS REAL ESTATE ADVISOR

ARUN MASAND BUSINESS MANAGER

® = Registered Trade Marks of Virani Real Estate Advisors All prices in Canadian dollars unless otherwise noted.

Cert no. SW-COC-002226

©2009 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

3090 Spencer Dr.

2440 Halston Ct.

Gorgeous Altamont show home on a fully landscaped half acre 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. $5,288,000

Enjoy spectacular views from all 3 levels of this 3 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. $4,288,000

1379 Chartwell Dr.

1080 Eyremount Dr.

Gorgeous city and ocean views from this 2 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. $4,188,000

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

Altamont Estate

Spectacular Chartwell Dream House

4

Whitby Estates

Elegant Living

VIRANI REAL ESTATE ADVISORS


FEATURE HOME

FEATURE HOME

3742 Marine Dr. West Vancouver Picturesque Ocean Setting

Endless water views from this rare 2 level waterfront residence. Completely updated throughout with extensive use of granite, stainless steel Sub Zero and Miele high end kitchen appliances and Kholer bathroom fixtures. Spacious master suite with adjoining office / sitting area, luxurious ensuite bathroom and huge walk-in closet and dressing room. Floor to ceiling windows and 2 open glass enclosed decks to appreciate the surrounding ocean. 2 car garage with additional parking and conveniently located close to Dundarave shops. $4,188,000

604.913.1000 WWW.VIRANIHOMES.COM

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WEST VANCOUVER

4718 Woodvalley Pl.

2415 Hudson Ct.

Phenomenal Ocean Views from this private paradise located at the end of a quiet cul-de-sac! Completely renovated in 2005 from the walls to electricity, plumbing and heating system. Spectacular outdoor living area with 2,300 square feet of hardwood decks, speakers and infinity pool built into the rock bed. $3,888,000

Panoramic views from all 3 levels of this grand residence sitting on a large 1 acre lot. Gourmet Snaidero of Italy Kitchen with Miele and Sub Zero appliances. Total of 6 bedrooms and 8 bathrooms, luxurious master suite with massive walk in closet/dressing area and ensuite bathroom with freestanding deep soaker tub. $3,488,000

740 Knockmaroon Rd.

792 Southborough Dr.

Spectacular ocean and city views from this British Properties home located on one of the best streets West Vancouver has to offer. A family suited floorplan on 3 levels and a generous sized private lot featuring an outdoor pool and hot tub. Close to Hollyburn Country Club, Capilano Golf Course and schools. $3,288,000

Stunning brand new custom built 6 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. $2,995,000

Ultimate West Coast Living

Street of Dreams

6

Rare Opportunity

Lower British Properties

VIRANI REAL ESTATE ADVISORS


WEST VANCOUVER

3785 Bayridge Av.

355 Mulgrave Pl.

Open airy feeling throughout this 3 level, 6,100 sqft home sitting on a 17,000 sqft lot. Will feature expansive hardwood flooring, 10 ft vaulted ceilings, floor to ceiling windows, open kitchen and family room area leading to massive wrap around deck. Opportunity to customize finishing’s and colours. Completion set for early to mid April. $2,799,000

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. ÂŽ $2,388,000

2163 Westhill Wy.

1115 Millstream Rd.

Approx 5,800 sqft home quietly located at the end of a cul-de-sac on the North side of the street. Beautifully renovated kitchen featuring granite countertops, stainless steel appliances and separate wok kitchen. 5 bdrms including 4 bdrms up each with ensuite baths and 2 master bdrms. Massive entertainment decks, indoor pool, spa and sauna. $2,188,000

Unobstructed, panoramic views can be seen from this renovated home on North side of the street offering a rarely found 280 feet of frontage. This property offers huge development opportunity and can be an ideal spot for a gorgeous new home. Architects renderings for a custom designed home are available for viewing. $1,988,000

Dream Home Under Construction

Panoramic Views

West Coast Splendour

Gone!

Dazzling Views

604.913.1000 WWW.VIRANIHOMES.COM

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FEATURE HOME

FEATURE HOME

655 Fairmile Rd. West Vancouver Entertainer’s Paradise

Rare 8,400 square foot residence sitting on over half an acre estate sized lot on the Golden Mile. Ocean and city views, rich finishing throughout including extensive use of granite and marble. Spacious principal rooms and large entertainment area below with dance floor and wet bar opening to a massive covered deck overlooking the impressive water fountain and landscaping. A built in barbeque, summer kitchen and cabana surround the outdoor pool and spa. Private gated driveway leading to a 5 car garage. A true dream home. $2,988,000

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VIRANI REAL ESTATE ADVISORS


WEST VANCOUVER

204-101 22nd St.

883 Fairmile Rd.

Spectacular ocean views from this spacious, open plan waterfront suite. Large living areas and spacious ocean front terrace ideal for entertaining. The seawall at your door step and the central Dundarave location is close to shops, restaurants and recreation. Includes 2 parking stalls and 2 storage lockers. $1,888,000

This updated 6 bedroom home sits on a large, private 27,000 square foot estate property with 115 feet of frontage. New kitchen, new flooring, lighting, and bathrooms, paint and much more. A great holding property as is, or a great spot for a custom home. Architects' renderings are available for proposed new home. $1,788,000

107 Bonnymuir Dr.

956 Taylor Pl.

Unassuming, completely redone 2 level home. Boasting updates to the highest of standards including windows, floors, lighting, roof and plumbing. Modern kitchen with new to the market stone granite countertops and luxurious master suite with white maple floors and 7 piece ensuite. A large 29,822 sqft lot with 87 ft of frontage. $1,749,000

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. $1,699,000

Carefree Lifestyle

Totally Renovated

The Golden Mile

Brand New Craftsman Home

604.913.1000 WWW.VIRANIHOMES.COM

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WEST VANCOUVER

653 Andover Pl.

2392 Constantine Pl.

Fantastic water and city views from this updated 4 bdrms, 4 bath family home on a quiet cul-de-sac. Features beautiful hardwood floors, separate office / studio area, 2 car garage, 3 bedrooms up and one bedroom on main level for guests or live-in nanny. Large deck which is great for entertaining and enjoying the views. $1,599,000

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. $1,588,000

945 15th St.

580 St. Andrews Pl.

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. $1,588,000

Completely updated home offers stunning views of the city. Features new floors, new windows, new gourmet kitchen with stainless steel appliances and expansive slate decks. Private in-law accommodation below with full kitchen, laundry and separate entrance. Located at the end of a quiet cul-de-sac. This would make a great family home. $1,499,000

Private cul-de-sac with views

Georgie Award Winner

10

Stunning View Lot

Just Move In

VIRANI REAL ESTATE ADVISORS


FEATURE HOME

FEATURE HOME

2668 Nelson Av. West Vancouver Custom Dundarave Home

Beautiful 6 bedroom, 7 bathroom home with ocean views! Located in sought-after Dundarave, this home features Maple hardwood floors, built in sound system and video entry. Kitchen features high-end Miele/Sub Zero appliances and granite counters and opens out to the family room with double-sided fireplace to formal dining. Downstairs features a 2nd kitchen, wine storage and walkout to the sunny, south-facing backyard. $2,599,000

604.913.1000 WWW.VIRANIHOMES.COM

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WEST VANCOUVER

4655 Willow Creek Rd.

710 Greenwood Rd.

This 5 bedroom, 3.5 bath home is on one of Caulfeild’s great family streets and offers substantial renovations throughout all 3 levels. Everything from the engineered hardwood floors to brand new kitchen and baths has been re-done. A very modern feel offers tremendous privacy and tranquility overlooking the spectacular creek setting. $1,488,000

Enjoy stunning views from this18,000 sqft property in a quiet British Properties location. Excellent opportunity for an investment or to build your dream home. Existing 2 level home in good condition offers 6 bedrooms and in-law accommodation. Very deceiving from street, you must get inside to appreciate the expansive view. $1,449,000

1690 Mathers Av.

5780 Telegraph Tr.

Tastefully updated family home in Ambleside. Traditional floor plan, 3 bedrooms and office upstairs, spacious living areas on main level and open rec room below. Hardwood flooring and stylish updated bathrooms with stone tiles and contemporary fixtures. Features a beautiful private backyard oasis with glass enclosed decks. $1,349,000

Beautiful semi-waterfront property 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. Topographical and concept map upon request. $1,299,000

Renovated Family Home

Ideal Location

12

Panoramic View Lot

Semi-Waterfront

VIRANI REAL ESTATE ADVISORS


FEATURE HOME

FEATURE HOME

3823 Marine Dr. West Vancouver Luxurious Living

Semi waterfront beautifully appointed 7 bedroom residence with breathtaking ocean views. The interior boasts a gourmet kitchen with granite countertops and high end stainless steel Dacor and Subzero appliances. Master suite with luxurious ensuite bathroom and massive private deck showcasing the amazing views. Beautiful finishings throughout including oak hardwood floors and marble entrance with radiant in-floor heating. Sitting on a large estate-like private lot with a gated, paved, stoned driveway leading to the 2 car garage with access directly to the main floor. $2,388,000

604.913.1000 WWW.VIRANIHOMES.COM

13


FEATURE HOME

FEATURE HOME

2695 Marine Dr. West Vancouver Dundarave Charmer

Charming Dundarave family home with stunning close-in ocean views. The interior has been updated and features engineered Red Oak flooring, a gourmet kitchen, granite countertops, high end stainless appliances and a spacious eating area. Huge formal living room opens through French doors to the fantastic outdoor entertainment space, large patio with gas hook up and fully landscaped very private fenced yard. Media and recreation room below with an additional 4th bedroom /office. Fantastic corner-lot steps to the beach and shopping. $1,599,000

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VIRANI REAL ESTATE ADVISORS


WEST VANCOUVER

403-2108 Argyle Av.

1032 Esplanade Av.

Stunning ocean and city views from this totally renovated 2 bed, 2 bath in the sought after Navvy Jack West. Features include kitchen with granite counters, maple cabinets, stainless appliances, wide plank walnut floors, electric fireplace and heated slate floors in the bathrooms. Enjoy the convenient location near shops and the seawall. $1,295,000

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. $1,199,000

4711 Woodside Pl.

106 Bonnymuir Dr.

Nicely updated 4 bedroom, 3 bathroom home sitting on a totally sun filled 19,000 square foot property. This 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. Fabulous outdoor areas with swimming pool, hot tub, and level yard. $1,148,000

Panoramic views of Grouse Mountain from this well kept 3 bedroom home on a spacious private lot. The kitchen and dining room open to a large deck overlooking the sunny and bright yard featuring an outdoor pool and hot tub… great for entertaining! Close to Capilano Golf Club, Collingwood Private School and Cleveland Dam hiking trails. $999,000

Navvy Jack West - Like New

Entertainer’s Delight

Lower Ambleside

Exceptional Value

604.913.1000 WWW.VIRANIHOMES.COM

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LUXURY HOME

2505 Chairlift Rd.

West Vancouver Chelsea Park's Finest

Stunning ocean views from this brand new 5 bedroom custom family home in Chelsea Park. Built to the highest of standards, open floor plan boasts gourmet kitchen with adjacent family room, eating area and large formal living room open to the huge covered deck showcasing the fantastic views. Built in speakers, coffered ceilings, crown moldings wainscoting and air conditioning. Luxurious master bedroom with 5 piece shower and deep jacuzzi tub with private water view. Below offers massive rec room with built-in wet bar, media room, and large guest / nanny quarters. Level driveway with 3 car garage access to main level. Ideal neighborhood only steps to Collingwood Private School. $2,599,000

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VIRANI REAL ESTATE ADVISORS


17 LUXURY HOME


Profile

David Matiru

18

David Matiru brings diversity, class and dedication to Virani Real Estate Advisors. He is an excellent asset to this dynamic team, with his fresh perspective on sales and customer service, an easygoing nature and an ability to read people. Dave is well known in the community for his strong family ties and pleasant demeanour. He lives with his wife and two sons in North Vancouver, and they enjoy camping, hiking on the North Shore, and kayaking in Deep Cove. He also loves world travel and adventure, and his favourite destinations include Africa, Thailand and Croatia. Dave brings the same passion to your real estate needs as he dedicates to all aspects of his life.

VIRANI REAL ESTATE ADVISORS


NORTH VANCOUVER

4811 Skyline Dr.

2302-188 E. Esplanade St.

One of North Vancouver’s finest homes offering boasting views of city, ocean and Vancouver Island. This exceptional new residence is in a league of its own and has been built with great attention to detail. Fantastic design with 4 large bdrms upstairs all with private baths, 2 grand masters with spectacular views and a 2 bdrm legal suite. $2,249,000

The Pinnacle of The Pier development, this stunning two-level, 1800 sqft Penthouse offers dramatic views of Vancouver’s harbor, city lights and beautiful mountain views. Boasting 1185 sqft of private patio space, 3 view capturing bedrooms, a den, 3 bathrooms and 2 secure parking this is truly an exclusive opportunity. $1,999,000

4435 Sycamore Rd.

4089 Sunnycrest Dr.

Custom Edgemont Village exclusive estate style residence built to the highest of standards. Beautiful finishes throughout include designer fixtures, commercial grade Viking appliances, spa like master ensuite with 2 way fireplace dividing the freestanding soaker tub. Features a custom wine cellar and a bright legal suite. A flawless blend of contemporary and traditional architecture and design. $1,999,000

Offering this distinguished custom built residence designed with style, elegance and high end contemporary flair. The home is located in one of the nicest neighbourhoods and is set on a private sundrenched lot close to Edgemont Village and numerous schools. Features include a grand open plan, gourmet kitchen with stainless steel appliances, 12 foot ceilings, extensive millwork and well appointed bedrooms. $1,989,000

Luxury in Canyon Heights

Exclusive Edgemont Residence

Spectacular Two Level Penthouse

Contemporary Masterpiece

604.913.1000 WWW.VIRANIHOMES.COM

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NORTH VANCOUVER

326 East 19th St.

535 East 12th St.

Fall in love with this craftsman home, built to the highest standards and offering exceptional elegance. The backyard offers views of the mountains and creates an ideal setting for entertaining and family life. This home features 4 bedrooms all ensuited, an open kitchen and living area, a 2 bed in-law suite and much more. $1,599,000

Don’t miss this eagerly anticipated Grand Boulevard show home. Resting on a large, level lot, the design of this home and finishing has been carefully planned to stand out among the crowd. Beautiful granite, hardwood flooring, custom cabinetry and the flexibility of grand open living areas make this residence a must see. $1,599,000

333 West 15th St.

5501 Cliffridge Pl.

Eagerly anticipated luxury residence in Central Lonsdale’s view corridor.This stunning 5 bedroom craftsman home offers mountain and city views, meticulous architectural design and lavish attention to detail. Additionally offering a wine room, theatre room, and the flexibility of a bright in-law accommodation. $1,469,000

Ultimate privacy and gorgeous mountain views are offered from this wonderful family residence. Located on one of the most desirable cul-de-sacs the home is close to Edgemont Village, Grouse Mountain and numerous parks and trails. Backing onto a greenbelt and offering a large backyard, this home is a must see. $1,348,800

Elegance Throughout

Central Lonsdale Luxury Home

20

Grand Boulevard Show Home

Ultimate Private Residence

VIRANI REAL ESTATE ADVISORS


FEATURE HOME

FEATURE HOME

318 West 28th St. North Vancouver Contemporary Design

Featuring 2,000 square feet of completely re-designed living space this home offers contemporary style blended seamlessly with traditional features. A full architectural renovation has created a beautiful entertainers' layout with open kitchen and living spaces and ample patio / deck space. Boasting high-end finishings, both gas and wood burning fireplaces, 3 bedrooms upstairs and a quiet central location, this home must be seen. $959,000

604.913.1000 WWW.VIRANIHOMES.COM

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NORTH VANCOUVER

347 East 17th St.

313 East 27th St.

High-end style, quality and detailed design are showcased in this incredible home. The gorgeous 6 bed, 2 level home offers 2 legal living areas with great flexibility. The lavish design boasts features such as granite counters, stainless kitchens, engineered hardwood flooring and a large South facing lot. $1,149,000

Excellent value for this newer 2200 sqft Upper Lonsdale home resting on a sun filled lot. With 5 bedrooms and 5 bathrooms this home offers great open living areas and the flexibility of a private guest suite. Additionally, this residence is walking distance to great shopping, parks and recreation. $999,900

1303-1320 Chesterfield Av.

429 East 11th St.

Boasting views and an unparalleled location are offered from this 2 bedroom and den. Located in the most sought-after tower of Vista Place, it is no wonder this was the FIRST unit sold in the pre-sale. Ultra modern finishings, hardwood floors, superior floor plan and panoramic views make this one of the most desirable places to own. $948,000

This immaculate family home rests on a beautifully manicured 7300 sqft lot in the heart of Central Lonsdale. Offering 4 bedrooms, the flexibility of two kitchens and plenty of entertaining space, this home is ready to suit the needs of any family. An incredibly well maintained family home in one of the greatest areas of Vancouver. $888,888

Luxury Duplex Style Home

Views, Views, Views

22

Excellent Value

Central Lonsdale Charmer

VIRANI REAL ESTATE ADVISORS


NORTH VANCOUVER

721 Wellington Dr.

1261 Chamberlain Dr.

Don’t miss this incredible opportunity to live in the desired neighborhood of Princess Park. This home is extremely private, has a large south facing yard, backs onto a greenbelt and is perfect for family life and entertaining. In close proximity to schools, shopping, numerous trails and parks this home is a must see. $824,000

Ideal south facing 6800 square foot lot with mature landscaping located on a quiet cul-de-sac in the heart of Lynn Valley. Great holding/rental property or build your dream home in this vibrant family oriented neighborhood close to great schools, shopping and terrific recreation. $699,900

101-3383 Capilano Cr.

708-188 East Esplanade St.

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. $649,000

A spectacular 2 bedroom unit with northwest exposure and beautiful views from your own private patio. With open kitchen and living space, full granite counter 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 steps from your door. $599,000

Exceptional Princess Park Home

One-Level-Living at its Best

Gone!ÂŽ

Ideal Lynn Valley Lot

Gorgeous Southern City Views

604.913.1000 WWW.VIRANIHOMES.COM

23


FEATURE HOME

FEATURE HOME

215 West Kings Rd. North Vancouver Designer Flair in Upper Lonsdale

Tastefully remodelled 2 level Upper Lonsdale home boasting southwest views to Downtown and City Lights. Interior decorator inspired upgrades include hardwood floors, California shutters, crown mouldings and baseboards, custom built-ins, and designer paint colours. The home offers great flexibility with 4 bedrooms, or as is 3 bedrooms plus home theatre/family room. Other features include irrigation system, great storage space, fully fenced backyard and great parking facilities for cars and trailer / boat. Truly a great home in this very central location. $899,000

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VIRANI REAL ESTATE ADVISORS


NORTH VANCOUVER

405-124 West 1st St.

33-728 West 14th St.

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

2 level townhome with open living spaces, high end finishings and quality craftsmanship. Modern kitchen with granite counters, stainless steel appliances and custom cabinetry. The room flows seamlessly into an open living and dining area with a feature fireplace and concrete mantle. 2 large bedrooms and a large private fenced patio. $499,000

208-122 East 3rd St.

101-270 West 1st St.

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. $325,000 速

This nicely updated 1 bedroom unit features dark laminate floors, a recently updated kitchen, spacious 700 sq ft floor plan, and loads of in-suite storage or home office space. In addition to a large private patio, this home offers secure parking and storage locker, and is close to all that Lower Lonsdale has to offer. $259,000

Lower Lonsdale Living

Large Private Patio

Gone!

Spectacular Townhome

Renovated Patio Suite

604.913.1000 WWW.VIRANIHOMES.COM

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VANCOUVER

Assignment-W. Pender Pl.

201-1280 Richards St.

Spacious 2,030 square foot luxury suite. Only 2 suites on floor, open plan with 2 bedrooms, 3 bathrooms. Kitchen by Dada of Italy with high performance Gaggenau appliances and Sub Zero fridge. Fully air conditioned and entertainment sized balcony. Amenities include a rooftop terrace, lounge, pool and state-of-the-art gym. $3,300,000

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. $1,488,000

2503-638 Beach Cr.

3008-1239 W. Georgia St.

Spacious high floor 3 bedroom and den suite at The Icon. Expansive windows showcase the fabulous views and can be enjoyed from the spacious balcony with gas hookup. High-end finishings, over-height ceilings, air conditioning and 2 parking stalls. Benefit from the spa-like amenities as a member of Club Oasis. Incredible value only steps to the seawall and beach. $1,299,000

Panoramic views overlooking Coal Habour, Stanley Park and Lions Gate Bridge from this luxurious suite at The Venus. 1,767 sqft open floor plan with 3 bdrms (all with ensuites) and 4 baths. Features floor to ceiling windows, Brazilian cherry wood floors, stainless steel appliances, granite countertops and 2 parking stalls. $1,299,000

Coal Harbour Living

Incredible Value

26

Sophistication and Style

The best of downtown living

VIRANI REAL ESTATE ADVISORS


VANCOUVER

310-610 Granville St.

Assignment 3006 Espana

Three bedroom penthouse suite at The Hudson with city and mountain views. Open design, contemporary kitchen with polished stone countertops, imported porcelain tile floors in bathrooms and Italian marble vanities. Steps to Starbucks, Holt Renfrew, Four Seasons, Vancouver Art Gallery and Paramount Theaters. $999,000 ®

Wonderful opportunity to purchase a 2 bedroom, 2 bathroom, 865 square foot condo at the Espana! Dynamic neighborhood with shopping, parks, theatres, Skytrain and restaurants all at your door step. With views from your private deck and wonderful finishings throughout, you will love the lifestyle in this premier complex. $539,900

605-33 West Pender St.

309-888 West 13th Av.

Unique loft style Gastown apartment! Over 750 Square Feet of open living space with top of the line finishings. 10 foot ceilings throughout , premium Kitchen Aid appliances, gorgeous bathroom with separate frameless glass shower and rain shower head. Convenient location within walking distance to Vancouver’s finest dining, entertainment and shopping districts. $448,000

Completely updated 2 bedroom, 2 bathroom corner unit! Renovations include designer paint, stainless appliances, upgraded baths and kitchen. Enjoy the bright NW exposure from your deck, and cold winter nights in front of your wood burning fireplace. This suite is conveniently located close to VGH, and City Square shopping. $399,000 ®

Urban Lifestyle

Gone!

Trendy Gastown

Award Winning Henderson Developments

Professionally Renovated, Ideal Location

604.913.1000 WWW.VIRANIHOMES.COM

Gone!

27


FEATURE HOME

FEATURE HOME

602-499 Drake St. Vancouver

Luxurious Living. Vibrant Neighbourhood.

“The Grace” – this spacious and elegant suite offers over 1260 sq. ft in one of the most iconic buildings in Vancouver. Enjoy open concept living in your beautifully appointed 2 bedroom, 2 bath suite. Exceptional finishings include cherry wood and travertine tile floors, high ceilings, crown mouldings, and a cozy double-sided fireplace shared by the living room and master bedroom. The master bedroom has a spa-like ensuite with NuHeat floors and the 2nd bedroom would be perfect as an office or guest room. Enjoy luxurious living with direct elevator access to your suite, fingerprint security system, 2 parking spots and in-suite storage. Building amenities include concierge, limousine access, recreation and fitness facility as well as meeting gallery and children’s play area. Don’t miss this opportunity to live in one of the most architecturally important buildings of the city and most vibrant neighborhoods. $999,000

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VIRANI REAL ESTATE ADVISORS


Market Watch

JANUARY 2008 VS JANUARY 2009 1 Year Comparison by Category Year 2001 average = 100

Home listings withdraw as sales volume slows “Home sales and consumer confidence are at a low point at the moment, but the long-term strength and security of our housing market are beyond the reach of the economic clouds of today,” Dave Watt, REBGV president said. “Today’s short-term conditions are creating long-term opportunities. Buying opportunities have not been this strong in a decade, with low interest rates, broad selection and more affordable prices,” Watt said. VANCOUVER, B.C. – Tuesday, February 3, 2009 - The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s. New listings for detached, attached and apartment properties declined 20.9 per cent to 3,700 in January 2009 compared to January 2008, when 4,675 new units were listed. Total active listings in Greater Vancouver currently sit at 13,966, down nearly 6,000 listings from October 2008. Overall residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 10.9 per cent to $489,007 between Januarys 2008 and 2009.

The benchmark price for detached properties declined 11.2 per cent to $659,638 in January 2009 compared to $742,490 January 2008. Sales of apartment properties in January 2009 declined 58 per cent to 361, compared to 860 sales in January 2008. The benchmark price of an apartment property declined 11.6 per cent to $334,602 compared to $378,336 in January 2008.

January 2008 January 2009

DECEMBER 2008 VS JANUARY 2009 Year 2001 average = 100

Attached property sales in January 2009 were down 65.7 per cent to 109, compared with the 318 sales in January 2008. The benchmark price of an attached unit declined 8.1 per cent to $425,309 compared to $462,627 in January 2008.

Sales of detached properties declined 54.4 per cent to 292 from the 641 detached sales recorded during the same period in 2008.

Greater Vancouver MLS Housing Price Index Area

Benchmark Price Range Price

3 Month Avg Price Index Benchmark

1 Year Change

3 Year Change

5 Year Change

DETACHED Greater Vancouver North Vancouver West Vancouver

$659,638 $783,339 $1,166,637

1.7% 4.9% 8.6%

$658,195 $753,502 $1,206,406

194.8 195.7 171.9

-11.2 -13.3 -21.7

12.9 9.0 3.5

48.5 40.3 30.1 

ATTACHED Greater Vancouver North Vancouver West Vancouver

$425,309 $536,610 N/A

1.6% 7.0% N/A

$424,978 $529,500 N/A

206.3 210.0 N/A

-8.1 -9.3 N/A

19.3 15.8 N/A

56.4 15.9 N/A

APARTMENT Greater Vancouver North Vancouver West Vancouver

$334,602 $320,826 $500,073

1.0% 3.7% 13.8%

$336,731 $328,745 $538,092

217.7 204.1 179.4

-11.6 -15.7 -20.3

16.1 7.7 4.4

56.7 41.8 17.9

December 2008 January 2009

JANUARY 2009 VS JANUARY 2008 % of change from previous year

HOW TO READ THE TABLE BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. PRICE RANGE: Expresed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the interval. PRICE INDEX: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. All indexes equal 100 in June 2001 Key: * = Sales sample too small; Price information not reported.

VIRANI REAL ESTATE ADVISORS

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THEVLIST - Spring 2009