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April 04, 2015 | Volume 26| Number 14| Phone: 604-502-6100 | Fax: 604-501-6111 | Email: voicerealtyads@gmail.com
Commercial real estate sales top $6 billion in the Lower Mainland in 2014 There were 1,963 commercial real estate sales in the Lower Mainland in 2014. This is 7.3 per cent above the 1,829 sales in 2013, virtually unchanged from the 1,950 sales recorded in 2012, and 1.1 per cent above the 1,941 sales recorded in 2011. Commercial real estate sales in 2014 were 4.4 per cent above the region’s five-year sales average. The total dollar value of commercial real estate sales in the Lower Mainland is $6.086 billion in 2014, which is above the $5.585 billion total in 2013. "Our commercial real estate market was up in 2014 thanks in large part to increased demand for raw land transactions within the development and investor community,”
Ray Harris, REBGV president said. “An increase in land transactions is often a signal of confidence in
land sales was $3.052 billion, a 35.9 per cent increase from 2013. Office and Retail: There
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473 industrial land sales NO CREDIT, BAD CREDIT, NO PROBLEM! in the Lower Mainland in Up to 80% Financing on Residential Properties 2014, which is down 1.7 with Limited Income Verification per cent from the 481 • Commercial Mortgages • First Time Buyers industrial land sales in • Equity Take Outs • Renewals • Debt Consolidation • Refinances • Variable Rate Specials 2013. The dollar value of • Cash Back Specials • Private Mortgages last year’s industrial sales • Rate Holds up to 120 days • Truck Leasing was $811 million, a 12.5 per cent decline from 2013. 25 Years of Multi-Family: There Banking Experience Owner of Centum Axis Mortgage were 107 multi-family land sales in the Lower Mainland in 2014, which #204-12885, 80th Ave, Surrey • E: tony_hundal@centum.ca Axis Mortgage Corp. www.surreydeltamortgages.com is up 7 per cent from the 100 multifamily sales in 2013. Manufacturers Of The dollar Quality Cabinetry value of last year’s land Single Family Homes sales was “Celebrating 30 years Multi Family Projects $639 milin Business” lion, a 16.3 Hi-rise Apartments per cent increase Sohan Singh Bhogal from 2013.
Tony Hundal
604.897.4068
the market because it requires a multi-year investment." 2014 activity by category Land: There were 642 commercial land sales in the Lower Mainland in 2014, which is a 21.8 per cent increase from the 527 land sales in 2013. The dollar value of last year’s
were 741 office and retail sales in the Lower Mainland in 2014, which is up 2.8 per cent from the 721 office and retail sales in 2013. The dollar value of last year’s office and retail sales was $1.584 billion, a decline of 15 per cent from 2013. Industrial: There were
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14370 74A Ave
11230 81St
$299,900
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PANORAMA RIDGE ACREAGE with VIEW. BEAUTIFUL 5 bedroom, 3 bathroom rancher with full WALKOUT basement on 1.7 ACRES. Main features: LARGE sunken living room with gas fireplace and VAULTED ceilings, Dining room leading to HUGE deck, lots of windows offering NATURAL light, Kitchen, 3 bedrooms, 2 baths and Laundry. AMAZING views of Farmland and Water from deck and dining room. Full WALKOUT basement with SPACIOUS rec. room, 2 bedrooms, 3 piece bathroom and mud room. FENCED yard with large hedges for privacy. Bring the horses or start a hobby farm. ONE of the last acreages on a great street. Move in, rent or build. RV parking. Priced to sell. Call for your private tour.
Delta
LOCATION LOCATION! THE VILLAS AT STRAWBERRY HILL!2 bdrm 2 bthrm 959 sq ft luxurious condo. OPEN layout features! Large liv rm with laminate flrs & electric fireplace. Maple kitchen with GRANITE counter tops, SS appliances, Tile flring, built in microwave/hood fan & in suite Laundry. M. bedrm with ensuite & second bdrm on opposite side for PRIVACY. Secured building and secured around Level Parking parking with bike room. close to all amenities.
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12532 58b Av
12914 54A AV
D D D D D D SO D SO D SO D SO D SO D L L L L L L L L L L O OLLD O O O O O SS$719,000 S$638,800 S$540,000 S$699,000 S$699,000 S$899,000
$1,000
MARKET EVALUATION Towards Legal Fees or Cash* *CALL FOR DETAILS
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