Vancouver NextHome + Condo Guide - Nov. 23, 2018

Metro Vancouver Nov. 23–Dec. 7, 2018

The first and only complete guide to pre-construction homes and condos

Stand apart in Brentwood.

Elegant 1, 2 & 3 bedroom homes.

Register Now 604 359 7728 akimboliving.com

INSIDE:

THE REALITY OF WEALTH TRANSFER

WHAT ARE THE HIDDEN COSTS OF HOMEOWNERSHIP

IF YOU DON’T LOVE YOUR HOME

WE’LL BUY IT BACK THE FIRST HOMES IN CANADA TO COME WITH A 100-DAY SATISFACTION GUARANTEE

ALONG WITH THE VIEWS, FEATURES AND EVEN A CONCIERGE, ALTUS GIVES YOU SOMETHING THAT NO OTHER HOME DOES — COMPLETE HAPPINESS. If you buy an Altus home and it’s not everything we promised you and more, we will buy it back from you at the price you paid. Altus’ happiness guarantee is just one more feature that makes these homes the ultimate downsizer’s dream.

DOWNSIZER’S CHECKLIST SPACIOUS KITCHENS

LAUNDRY ROOM

BIG BEDROOMS

CONCIERGE

VIEWS

LOCK & LEAVE LIFESTYLE

VISIT THE PRESENTATION CENTRE TODAY NG

KI GE

16 AVE MAPLE ST

FINLAY ST

RUSSELL AVE

OR

NORTH BLUFF RD

GE

156 ST

20 AVE

ALTUSWHITEROCK.COM 778.294.7794 1589 MAPLE ST. WHITE ROCK

© 2018 OVIEDO DEVELOPMENTS. THE DEVELOPER RESERVES THE RIGHT TO MODIFY THE INFORMATION CONTAINED HEREIN WITHOUT NOTICE. ILLUSTRATIONS AND RENDERINGS REFLECT THE ARTIST’S INTERPRETATION OF THE PROJECT AND DO NOT TAKE INTO ACCOUNT THE NEIGHBOURING BUILDING, PHYSICAL STRUCTURES, STREETS AND LANDSCAPE. WHEN BUILT, ACTUAL SUITES, AMENITIES, BUILDING INTERIORS, EXTERIORS AND VIEWS MAY BE NOTICEABLY DIFFERENT THAN WHAT IS DEPICTED. THIS IS NOT AN OFFERING FOR SALE. ANY SUCH OFFERING CAN ONLY BE MADE WITH THE APPLICABLE DISCLOSURE STATEMENT AND AGREEMENT OF PURCHASE AND SALE. MARKETING AND SALES BY MACDONALD REALTY PLATINUM PROJECT MARKETING. PLATINUMPROJECTMARKETING.COM E&OE.

NOW SELLING Starting from $514,900*

Where the city does its thing and nature does the rest.

Move-in Ready 1, 2 and 3 Bedroom Homes Register Now 723 Marine Drive, North Vancouver marineandfell.com 604.770.1966 * This is not an offering for sale. Promotions, prices and availability are subject to change without notice. Such offering can only be made by way of disclosure statement. Please see sales representative for details. Marine + Fell is developed by Anthem 725 Marine Developments LP. E&O.E.

we are diverse. we are inspired. we are connected.

we are

this is our city

COMING SOON. REGISTER NOW

AnthemGeorgetown.com Another master plan community by Anthem, in Surrey City Centre This is not an offering for sale, as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. Georgetown is developed by Anthem Surrey City Centre Holdings LP. E&O.E.

NOV 23 - DEC 7, 2018 | VOLUME 3 ISSUE 24

CONTENTS

16 ON THE COVER:

IMANI AKIMBO: STAND APART IN BRENTWOOD

10

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

PROPERTY PROFILES

63 Make Your Move

Moving etiquette: Follow the Golden Rule

50 Concord Pacific

BY CHUCK RESNICK

The fine art of smart living at Galleria

INSPIRATION PURCHASER PROFILE

30 Sunmark

For Ron and Shalini, the perfect townhome was waiting at Vantage

36 Gift Guide

Thoughtful gift ideas with self-care in mind

54 Life Style

Designer Jo Alcorn is in kitchen bliss

TRENDING

46 Wealth Transfer

Baby Boomers are financing their children’s first home

CHIEF REVENUE OFFICER

Jacky Hill jacky.hill@nexthome.ca EDITOR-IN-CHIEF

Susan Legge susan.legge@nexthome.ca ART DIRECTOR

Tammy Leung EDITOR

Marlene Eisner CONTRIBUTING EDITORS

NEIGHBOURHOOD PROFILE

Sara Duck Amanda Pereira

18 Metroland

CONTRIBUTING WRITER

IN EVERY ISSUE

MEDIA CONSULTANTS

Susan M Boyce

BY MICHELLE HOPKINS

58 CREA Survey

Home sales activity eases in October

63 Century 21 Canada

Vancouver’s West Side rates highest in national survey on price per sq.ft.

12 52 61 64

Editor’s Note

Dave Bird 604.319.7102 Ricardo Hernandez 604.319.7103

Hot Properties

DISTRIBUTION

What’s Online

SALES & MARKETING COORDINATORS

Listings Directory

DistributionTeam@nexthome.ca Gary Chilvers Sarah Khan ACCOUNTING INQUIRIES

ADVICE

DISTRICT MAPS

AccountingTeam@nexthome.ca

20 GVHBA Report

14 Burnaby, New Westminster

Miguel Cea, Mike Terentiev, Sandra Hanak-Vujnovic

24 Coquitlam, Port Coquitlam, Pitt Meadows & Maple Ridge

Pre-Press@nexthome.ca

Time to prepare the outside of your home for winter

BY BOB DEWIT

22 Condo Sense

It’s been a busy year in presale home activity

BY CAMERON MCNEILL

40 Keehn on Money

Do you know the hidden costs of homeownership?

BY KELLEY KEEHN

44 industry insider

Report reveals a balanced new-home market

BY SCOTT BROWN

28 Surrey, Langley, Abbotsford & Mission 48 Richmond, North Delta & Tsawwassen 56 South Surrey, White Rock 60 North Shore, Squamish 62 Vancouver, Downtown Vancouver

GRAPHIC DESIGNERS

AD PRODUCTION

Advertising Call 1.866.532.2588 for rates and information. Fax: 1.888.861.5038 Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted.

Copyright 2018. All rights reserved.

Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited.

Editorial submissions from interested parties will be considered. Please submit to the editor by email to editorial@nexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

36 nexthome.ca

11

EDITOR’S NOTE

BE PREPARED KNOW THE COSTS OF HOMEOWNERSHIP You’ve done the rounds, looked at many new developments, studied floorplans, toured neighbourhoods, crunched the numbers and finally found that perfect new home. But before you jump in and fully commit, consider this: Are there any ‘hidden’ costs you haven’t thought about that may affect your bottom line?

Owning a new house sometimes means sacrificing a bit of your lifestyle in order to afford paying the mortgage and upkeep. And that’s okay. You’ve just bought a great home you will live in for a long time, a super investment both personally and financially. But if you don’t properly calculate the real costs before you sign a contract, you may discover the money you saved for the down payment is not all you will need.

In this issue of NextHome +Condo Guide, columnist Kelley Keehn addresses some of the upfront costs of homeownership, like property transfer taxes, real estate commissions, insurance, moving expenses and legal fees. Take a look on page 40 and see what she has to say; that way, you can enter into your first new-home contract with eyes wide open, ready to enjoy the fabulous feeling of being a homeowner.

MARLENE EISNER EMAIL: Marlene.Eisner@Nexthome.ca TWITTER: @MarleneEisner

+

Designer Jo Alcorn is in kitchen bliss Page 54

+ get social 12

Interact with us on social media: nexthome

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

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NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

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10. THE PENINSULA Pa r

Stand apart in Brentwood.

Rise above the norm—where design meets convenience and tranquility meets growth, come home to Brentwood’s highly anticipated new high street. Spacious balconies, remarkable views and uncompromising design set Akimbo apart.

Situated on the quiet streets of Dawson and Madison, Akimbo is only a 4 minute walk from Gilmore Skytrain Station.

Coming Soon

Elegant 1, 2 & 3 Bedroom Homes

604 359 7728 akimboliving.com

This is not an offering for sale. Any such offering can only be made by way of a disclosure statement. E.&O.E.

COVER STORY AKIMBO IN BRENTWOOD

Akimbo

Stand Apart in Brentwood

16

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

+

LOCATION Burnaby BUILDER Imani HOME TYPE Highrise

SALES CENTRE Coming soon CONTACT akimboliving.com 604.359.7728

Coming this fall to Burnaby’s Brentwood neighbourhood is a highrise residence so different that even its name means to stand proud and tall.

Introducing Akimbo, a spectacular tower with a bold architecture unlike anything seen before — an innovative pattern of angled and offset balconies creates the sensation this building is actually a dramatic sculpture soaring 40 storeys above a lively new and distinctly pedestrian-friendly High Street. There’s a sense of animation and engagement that’s sure to have people saying, “Oh, you mean that building.”

NOTHING LESS THAN EXCEPTIONAL

“Akimbo is going to be a trophy residence that will set a new standard for architectural design outside downtown Vancouver,” says David Zigelman, project manager. “This is the best location in Brentwood. You’re on a quiet street between two SkyTrain stations, minutes to Brentwood Mall with its diverse array of top-tier restaurants and high-end retailers, plus you’re only a block from cycling routes.”

All this, and yet there’s a sense of serenity, too, thanks to the building being set back from the main traffic routes. “Being at the corner of Dawson and Madison means you’re out of all the hustle and bustle of Lougheed, even though it’s still highly accessible to all the urban amenities of this rapidly growing community,” says Zigelman. “Brentwood truly is a neighbourhood on the rise.”

AMENITIES TO MOVE YOU

Of course, with so many onsite amenities, you just might find yourself staying home more often. Here are just a few hints.

Akimbo residents will have access to a 24-hour concierge and more than 8,100 sq. ft. of private amenity space, including an indoor party room with kitchen, dining table, sleek lounge and TV area, as well as a guest suite. Then there’s the outdoor podium courtyard with a barbecue, a dining area, multiple sitting areas, open lawn, garden plots and a children’s play area. And to promote a healthier, more sustainable lifestyle, there’s a fully equipped fitness centre. And here are two more bonuses: An electric vehicle charge station and every Akimbo home comes with driving credits for the multiple, onsite car co-ops.

Akimbo will offer 350 homes ranging from one- to three-bedrooms. Presentation centre opens soon. Be sure to priority register now, as this rare offering is already attracting plenty of attention. Visit akimboliving.com or call 604.359.7728 for more information as it’s released. nexthome.ca

17

NEIGHBOURHOOD PROFILE

METROTOWN

by DIANE DUFLOT

Located in the city of Burnaby, Metrotown is bounded on the west by Boundary Road (including Central Park, Metro Vancouver’s second largest park), on the south by Imperial Street, on the east by Royal Oak Avenue and on the north by several local streets (Thurston, Bond, Grange and Dover streets). This neighbourhood is home to the Metro’s largest, and Canada’s second largest, shopping mall, the Metropolis at Metrotown, as well as Crystal Mall, Orchard Park and Station Square.

LIFESTYLE

Metrotown is a shopaholic’s fantasy. Some of the best malls are located in this area. With Central Park in its borders, it’s also for those who enjoy all the best of the outdoors that the Lower Mainland has to 18

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

offer. Because of the population density here and the easy access to public transit, it’s also a great place for those who are civic-minded with an eye to the future.

IN THE AREA

Malls, malls, malls. As well as Metropolis at Metrotown, this neighbourhood is home to Old Orchard Shopping Centre and Crystal Mall. On top of this, the area has sprawling Central Park, as well as many smaller parks, including Kinnee Park, Maywood Park and Old Orchard Park. There are two elementary schools within Metrotown’s borders: Marlborough and Maywood Community. The neighbourhood is served by Moscrop Secondary School and Burnaby South Secondary School.

HOT SPOTS

CRYSTAL MALL This isn’t just a mall, it’s an institution. Check here for reasonably priced produce, as well as fantastic special events suitable for the whole family. thecrystalmall.ca/en/index.htm

PLANES, TRAINS & AUTOMOBILES

THE GOOD, THE BAD & THE REST

Home to the first SkyTrain line in the mid-1980s, this neighbourhood is a transit hub and is well served by Patterson and Metrotown stations, as well as Royal Oak Station, which sits just beyond its outer limits.

There is also frequent bus service throughout the area. The Kingsway is the major thoroughfare leading people to and from other areas of the Lower Mainland.

If you live an active lifestyle and like being very close to a slew of amenities, then Metrotown just may be the neighbourhood for you. If, however, you don’t like hustle and bustle and the atmosphere of a commercial centre, steer clear of an area that is dominated by a colossal shopping mall, despite it’s proximity to an equally gigantic park.

+

STREET CORNER

SAFFRON Saffron has options to suit just about every taste and budget.

This restaurant has a buffet at both lunch and dinner, as well as delectable à-la-carte options, including a vegan menu. saffroncuisine.ca

“The infrastructure in Metrotown is second to none, as are the views. Modello is located on such a high grade that there are fantastic 360-degree views of Art walk.

– KAREN, DANCER

“I love my condo, and I feel that with all the amenities, including transit close by, I got it for a steal.”

– JORDAN, MASSAGE THERAPIST

“I love being so close to such a great park. I’m a very active person, so I run in Central Park almost daily, and sometimes meet friends there to play tennis.”

T&T T&T, the Asian grocery store, is the place to come for all those hard-to-find items for Asian cooking, or if you’re in the mood to take home goods for a heatand-serve Dim Sum supper. tnt-supermarket.com/big5/ index.php?

– MARIANA, OPTICIAN

nexthome.ca

19

ADVICE | GVHBA REPORT

ALL DECKED OUT FOR WINTER

BOB DE WIT

With winter just around the corner, now is a good time to check the exterior of your home in preparation for the colder weather.

Some points to consider include: GUTTER CLEANING

EXTERIOR FAUCETS

Shut off the valve to your exterior faucets and drain the excess water in the line to keep pipes from freezing, expanding and breaking.

Be sure to turn the water off at the shutoff valve.

GARDENS

Survey the exterior living areas and take note of any tree limbs that are close to your home and patios as they are prone to detaching during high winds or under the weight from snow and ice. Check with your local arbourist or landscape company for pruning tips or bring it to the attention of your strata.

around the edges, making for tougher scrubbing in the spring, particularly with metal accessories that can cause rust. Be sure to remove organic matter before it starts to decompose, as leaves can stain vinyl decking and can be difficult to remove.

It’s a good idea to wash your deck with a mild cleaner and rinse thoroughly. While you may want to brush this one off, you can make your spring clean a lot easier if you scrub down before winter.

No matter what product you use to clean your deck, make sure it is compatible with the decking surface, and to rinse well so there is no chemical residue remaining.

the conversation now to get an estimate on your decking project and access to the best installers, with potential cost savings and speedier timelines.

For other renovation and home maintenance tips, check out www.gvhba.org

Bob de Wit is the CEO of the Greater Vancouver Home Builders’ Association (GVHBA), representing the residential construction industry in the Greater Vancouver Area. The GVHBA established in 1974, is a not for profit society, with 1,100+ members, and is proudly affiliated with the provincial and national Canadian Home Builders’ Associations. You can reach Bob at bob@gvhba.org.

RENOVATION TIP: DECKING

Pack away any seasonal furniture or planters stored on your deck.

Debris or dirt can accumulate 20

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

If you have been considering a deck renovation, don’t wait until spring or summer when deck builders are at their busiest. Start

+MORE ADVICE ONLINE nexthome.ca/news/advice

PHOTO COURTESY OF BOLDER HOMES LTD.

Be sure your gutters and down spouts are clear of any debris.

Clogged gutters can detach due to weight, and cause water damage to your roof, home and landscaping.

PARK SID E LIVIN G MET ROTOWN N OW PREVIEWIN G 2 B E D + 2 BAT H H OM ES F ROM $79 9,9 0 0

VISIT OUR SALES CENTRE

AY

SALES CENTRE

MCKAY AVE

WILLINGDON AVE

KINGSW

CENTRAL BLVD BERESFORD ST

METROPOLIS AT METROTOWN

6039 Mckay Ave, Burnaby‚ Open daily from 12:00 – 5:00PM

MaywoodLiving.com

The Developer reserves the right to make changes, modifications or substitutes to the building design, specifications and floorplans should they be necessary.

Renderings, view and layouts are for illustrative purposes only. Prices subject to change without notice. E.&O.E. Sales and Marketing by Intracorp Realty Ltd. Intracorp Maywood Park Limited Partnership.

ADVICE |CONDO SENSE

LOOKING BACK A PRE-SALE COMPARISON

CAMERON MCNEILL

It has been an incredibly hyperactive housing market in the past decade in the Lower Mainland. Taking a look back at last year’s housing activity, last October, we saw more than 1,800 homes across 22 projects released, while this year saw more than 2,400 units released across 21 projects. Despite market pushback, October proved to be one of the most active months of 2018, with a noticeable increase in demand for developments throughout the Fraser Valley.

CENTRAL SURREY SEES FLURRY OF SUPPLY COME TO MARKET, SALES ACTIVITY VERY STRONG

Contributing to October’s high launch activity was the release of three concrete highrise projects that brought more 1,200 units to market. Most notable of these launches were University District

by BlueSky Properties and Park George by Concord Pacific, both located in Surrey. With strong population increases and growing transit infrastructure, Surrey remains the most attractive price point for concrete tower homes along rapid transit.

A BUSY NOVEMBER

November is expected to be another busy month for pre-sales – MLA Advisory is anticipating the 22

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

Foster Martin on White Rock Commons by Landmark Premiere Properties.

release of 12 projects bringing approximately 1,900 units to market. Port Moody and Richmond are expected to lead the charge by bringing more than 860 homes to market, including the first out of five branded projects coming to Richmond.

IN SUMMARY

October remained a busy month for Greater Vancouver’s pre-sale housing market. Although the market has cooled off in comparison to last year’s hot housing market, we saw a 41 per cent sold rate of 2,400 homes released in October, indicating there is still a demand for homes in the Lower Mainland.

GREATER VANCOUVER & FRASER VALLEY PRE-SALE HOME SUMMARY SEP TO NOV 2018 SEP 2018 RELEASED

OCT 2018 RELEASED

NOV 2018 RELEASED

9

21

12

PROJECT LAUNCHES

PROJECT LAUNCHES

PROJECT LAUNCHES

688

2,418

1,897

APPROX. NO. APPROX. NO. APPROX. NO. PRE-SALE PRE-SALE PRE-SALE UNITS UNITS UNITS *All projects and total units noted include all developments launched within the Greater Vancouver & Fraser Valley area region from Squamish to Abbotsford. The new multi-family property data are approximate numbers, the research captures most pre-sale projects coming to market and its estimated number of units thought to be released for sale. Some developments hay have multiple buildings released int he same month and is considered one project.

Source: ML A Advisory, Urban Analytics and RealNet

+MORE ADVICE ONLINE nexthome.ca/news/advice

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108 A

NOW SELLING

OVER 50% SOLD OPENING WEEKEND!

TRANSIT-ORIENTED HOMES STARTING FROM MID $400’s Port Moody is the stunning setting for a new community of 1, 2, 3, & 4 bedroom homes, street-front retail, and enriching amenities, including a residents-only one-acre elevated backyard and 9,000 sq.ft. clubhouse.

Located just across the street from scenic Rocky Point Park, and only steps from shops, restaurants, and Brewers Row, homes are also just a 10-minute walk to Moody Centre Station, where you can hop on the Evergreen Line and West Coast Express.

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REGISTER TODAY! 50ElectronicAve.com 604.492.2202

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Prices quoted are exclusive of taxes and subject to change without prior notice. In our continuing effort to improve and maintain the high standard of the 50 Electronic Avenue development, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Renderings and images provided are an artist’s conception and are intended only as a general reference and are not to be relied upon. This is not an offering for sale.

Please see disclosure statement for specific offering details. E&O.E.

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244 St

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192 St

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7. UNIVERSITY DISTRICT

6188 141 Street 778-756-1229 liveatvantage.ca

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SURREY - LANGLEY - ABBOTSFORD - MISSION

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PURCHASER PROFILE

VANTAGE THE PERFECT HOME

+ LOCATION Surrey BUILDER Sunmark HOME TYPE Townhomes

SALES CENTRE 6188 – 141 Street CONTACT liveatvantage.ca 778.756.1299

Sometimes, everything in life seems to align perfectly. Just ask Ron and Shalini, who moved into their brand-new townhome at Vantage in October.

“We weren’t actually looking for a home at all,” Ron says, “but we saw the signage and thought we’d take a look.” The couple booked an appointment to view the Vantage display home and were immediately wowed by the attention to detail and sense of spaciousness.

Still, they were cautious and spent the next few weeks looking at other properties and getting pre-approved for a mortgage. But they kept thinking about Vantage.

“Everything else just felt so much smaller,” Ron says. “We have 30

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

two boys and Shalini’s mother lives with us, so we need plenty of space. And the convenience to everything – schools, shopping, a protected greenway – was huge for us. Plus, it’s closer to where we both work.”

THE RIGHT TIME

They decided to take another look, and everything fell into place.

“When we walked into the presentation centre, Shae, the sales manager, told us the developer had just released a new C Plan that she thought would be perfect for us,” Ron says. “And she was right.”

The couple signed a sales contract on the spot, and they haven’t looked back since.

Their new home has two balconies, a basement-level patio, and an exceptional amount of natural light thanks to being one of the end homes.

“This home really feels like a house. It’s something unique and it just dropped into our lap,” Ron says, smiling broadly. “And those trees; we can sit on our couch and it doesn’t feel like you’re even in the city.”

Vantage is located at 6188 – 141 Street in Surrey. Three- and four-bedroom homes priced from $640,000 (GST included) with some homes move-in ready. For more information, visit liveatvantage.ca or call 778.756.1299.

GO BIG AND GO HOME! VANTAGE TOWNHOMES ARE LARGER. You’ll be hard pressed to find a larger 3 or 4 bedroom townhome in Sullivan. Period. And with the high-end finishes and 2 car garages, not to mention the fact that they are move-in-ready, the stylish homes at Vantage aren’t going to last long.

Just in time for fall, the time has never been better to live large at Vantage.

BUILT BY

MARKETING + SALES BY

NEW LARGE SHOW HOME! Why buy used when you can have brand new! See for yourself at 6188 141st Street, Surrey

778-756-1299 L I V E AT VA N TA G E .C A

Developed by

rdgmanagement.com

Sales and Marketing by

VISIT OUR PRESENTATION CENTRE TODAY!

HOTEL

RESIDENCES

NOW SELLING

ICONIC RESIDENCES & HOTEL

HOMES ARE AVAILABLE STARTING FROM $355,900* Discover these studio up to 3 full bedroom homes offering 343 up to 1,543 square feet of living with balconies up to over 300 square feet! Experience the convenience of living on King and Fraser at the King George Skytrain station. Life in Surrey City Centre just doesn’t get more convenient! Avani Centre rises above them all with available residences starting on the 9th floor overlooking city centre to the north and mountains to the south, with convenient natural gas BBQ connections on your fully covered balcony.

avanicentre.com

MARKETING & SALES Homes are subject to availability at the time of Purchase. Sizes quoted are approximate and based on

BY FIFTH AVENUE architectural measurements. E.&O.E. REAL ESTATE MARKETING

INSPIRATION |

1

gift guide

2

the

Self-care

NextHome shares thoughtful gift ideas with emphasis on the importance of personal care.

3

gift guide 6

5

4 1 2 3 4 5 6

36

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

Rose quartz jade roller. $18. Amazon.ca Bath salts. $10.

Winners.ca Exercise mat. $15. Winners.ca Echo Spot in black. $170. Amazon.ca Himalayan salt lamp. $35. Indigo.ca The Sunday romper in midnight black. $119. Smashtess.ca

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by Nature’s Bounty. $8.99. Well.ca Diffuser speaker. $50. homesense.ca Gravity weighted blanket in moon ivory. $270. Indigo.ca

14 12

13 nexthome.ca

37

| | 22, , 33 && 44 BBEEDDRROOOOMM DDEESSTTI N I NAT A TI O I ONN:: AALLDDEERRGG R O O VV EE ||

NO

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2, 3 & 4 Bedroom Townhomes Starting in the high 400’s

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GRAMERCY.CA/ROUNDHOUSE 27735 Roundhouse Drive ENTER off Station Road Lacey Forward Personal Real Estate Corporation

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ADVICE | KEEHN ON MONEY

FIRST TIME GETTING INTO

HOMEOWNERSHIP? UNDERSTAND THE HIDDEN COSTS

KELLEY KEEHN

Even with housing prices at record highs in many cities across Canada, the desire for homeownership is still strong.

According to a recent survey

by Ratehub.ca, 71 per cent of Canadians who don’t currently own would like to become a homeowner. And that stat is highest among Millennials, with 81 per cent (those who don’t currently own a home) desiring to become first-time buyers.

Canadians are itching to buy soon, too. Twenty-nine per cent who want to purchase a home would like to do so within one year.

But before you put your magazine down and start hitting open houses, Maili Wong, a certified financial planner and first vice-president with CIBC Wood Gundy would like you to fully understand the gravity of your decision. “Buying your first home can be one of the most significant financial decisions of your life,” says Wong. “Like any financial decision, you need to consider the pros and cons before you buy. Assess the upfront costs of buying a home: Property transfer taxes, real estate commissions, insurance, moving expenses and legal fees. Review the ongoing costs of maintaining the home: Mortgage payments, strata fees, utility and maintenance costs.”

The homebuying process can be 40

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

challenging to navigate, especially for first-time homebuyers. James Laird, co-founder of Ratehub Inc. and president of CanWise Financial, wants you to know about the various closing costs that first-time buyers must factor into their purchase process.

“Closing costs range from one to four per cent of the home price, depending on where the home is located. Land Transfer Tax is the most significant closing cost. For luxury homebuyers, this amounts to more than $100,000 in major Canadian cities.”

Don’t forget the legal fees either. Laird warns: “Buyers can also expect to incur a minimum of $1,500 in legal fees. A lawyer can also help buyers secure Title Insurance, which is usually a lender requirement. Title Insurance protects against losses in the event of a property ownership dispute

and costs between $300 - $1,000.”

Remember the home inspection, too. Laird says, “It’s a non-mandatory, but recommended service that buyers can contract as a condition of their Offer to Purchase. A home inspection is performed before a mortgage closes and helps ensure that the property is fit for purchase. Home inspections cost around $500.”

Kelley Keehn is a financial literacy advocate who has been on a mission to “make Canadians feel good about money.” She is the author of eight published books and is also a speaker, media personality and consumer advocate for the Financial Planning Standards Council. You can learn more about Kelley at kelleykeehn.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

Now Selling!

E D L

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VISIT OUR PRESENTATION CENTRE TODAY! Priced from $352,400 – $552,400

The modern collection of 47 modern condominium residences at The Grand is located in an established neighbourhood – perfectly positioned to give you the ease of the living you’re after. Minutes away from parks, shopping and transit; escape the hustle & bustle and experience the beginning of the NEW Aldergrove.

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Register today at: willowcreekaldergrove.com Or call: 604-857-1866 Price ranges quoted are anticipated only, exclude taxes and are subject to availability at time of inquiry and/or to change without notice. Don’t Miss out on the Lower MainLand’s Best Value! E. & O.E. Sales and marketing by Fifth Avenue Real Estate fifthave.ca

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*Prices quoted are exclusive of taxes, subject to availability at time of visit and/or change without notice. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

ADVICE | INDUSTRY INSIDER

READER-FRIENDLY MARKET REPORT REVEALS BALANCED NEW-HOME MARKET

SCOTT BROWN

Ask just about anyone you know, and they will have an opinion on the state of the dynamic pre-sale real estate market we are seeing in the Lower Mainland today.

With an influx of information, opinion, resources and hearsay, it is difficult to determine what information is a true reflection of the current market conditions.

It can be challenging for consumers to access timely, easy-to-read market intelligence on the new townhome and condominium market in Metro Vancouver. This is compounded by the fact that pre-sale multifamily homes are not typically listed on MLS. In response, Fifth Avenue partnered with the highly regarded Urban Analytics (UA), a leading provider of advisory services on the new multi-family housing market to produce a comprehensive, reader-friendly market report available for download on fifthave.ca called Fifth Dimension.

In the most recent edition of the Fifth Dimension, we learn Metro Vancouver’s new-home market has entered into a more balanced state than that of recent years.

New multi-family home sales in the third quarter of 44

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

this year were down 16 per cent from the same time last year, but rose six per cent from quarter two. Perhaps the most significant statistic we saw was the significant rise in released and unsold new multi-family units in Metro Vancouver. It is up 44 per cent compared to last quarter and up 147 per cent compared to the same quarter last year.

This trend has resulted in a slight slowing of a traditionally ‘hot’ market. At this time, buyers can enjoy attractive purchaser incentives and truly take their time with their decisions.

This creates a favourable environment for both investors and end-users alike – with particular interest in investment being focused in the Fraser Valley.

So, before holding off a decision in the ever-changing real estate market, we need to look at how we can benefit from the ebbs and flows, and let the data guide our decisions.

Scott Brown is the president and CEO of Fifth Avenue Real Estate Marketing Ltd. – a residential real estate marketing firm with 39 years of experience in the new-home sales market. Scott is passionate about the real estate industry, and brings with him an unparalleled level of expertise and an innovative approach to the marketing and sales of new-home developments from the ground up.

+MORE ADVICE ONLINE nexthome.ca/news/advice

TRENDING

BABY BOOMERS PASSING DOWN ASSETS TO FINANCE THEIR CHILDREN’S HOMES

by MICHELLE HOPKINS

Baby Boomers, arguably the wealthiest generation in decades, are aging and passing down some of their assets to their grown children in record numbers.

Financial advisors like Don Campbell, a senior analyst with Real Estate Investment Network (REIN), calls this significant passing of assets between Baby Boomers and Millennials, “wealth transfer.”

The reasons for this growing phenomenon are many. In addition to the country’s high real estate prices in major key cities, such as Vancouver, Calgary, Edmonton and Toronto, wealth transfer can be attributed to the federal and provincial governments’ stricter lending rules and interest rate hikes.

46

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

“The new mortgage stress testing introduced in January squeezed the budgets of first-time buyers, paving the way for even more Baby Boomers having to assist their children to get into the housing market,” notes Campbell.

According to Statistics Canada, there are 9.6 million Baby Boomers (or 30 per cent of the population), born between 1946 and 1965, many of whom are anxious to see their cash-strapped Millennials break into the housing market.

That wealth transfer, says Campbell, “is changing the dynamic of the Canadian real estate market.”

One notable difference is the rise in multi-

Don Campbell, senior analyst with Real Estate Investment Network (REIN).

generational housing, bringing generations together under the same roof. Over the last few years, architects and developers have responded to this ongoing shift by creating flexible units and newer solutions, such as laneway homes.

“This trend is normal for many immigrant families, but is now catching on with Baby Boomers in larger centres,” explains Campbell.

“We are seeing a rise in Baby Boomers building spectacular suites in their homes and giving up the main home to their children or constructing laneway housing on their property for them or their adult children.”

It’s no wonder. The 2016 Statistics Canada Census highlights the fact that the number of young adults living in their parents’ home continues to rise. Today’s young adults are also

more likely to be at home for an extended stay compared with previous generations, according to the report.

“In 1981, seven per cent of children between the ages of 25 to 29, and 32 per cent of 20 to 24 were still living at home.

Today, those numbers have risen to 27 and 58 per cent respectively,” notes Campbell, adding this growth can also be blamed on the lack of affordable rental builds.

In addition, the 2016 Census added a new age category; 11 per cent of young adults between the ages of 30 to 39 are living at home.

“Baby Boomers are giving their children their inheritances early as a way to gift or loan their children the money in order to motivate them to get out of the family home,” adds Campbell.

“This transfer of wealth is opening doors to homes and borrowing options otherwise unavailable to many Millennials.”

Another smart wealth transfer strategy is to purchase real

estate for your university-bound children.

“When kids head off to university, parents should consider buying properties in university towns,” says Campbell. “These should be large enough so that their kids can have roommates to help defray the costs.”

Then, when they finish their university degrees, parents can take the equity out of the property and pay off their children’s postsecondary expenses.

However, Campbell cautions parents to think about their retirement plans before gifting their children money from the equity in their homes.

“The current remortgaging rules and higher interest rates are devaluing homes and affecting Boomers’ ability to help their children,” Campbell adds. “The federal and provincial governments’ attempt to push down home values is putting the middle class behind the financial eight-ball.” nexthome.ca

47

HOT PROPERTIES

96 Ave 134 St

120 St

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Rd

132 St

88 Ave

ay W el rd 84 Ave

84 Ave

75 Ave 72 Ave Lyo nR

76 Ave 72 Ave

6 8 Av e

d

TSAWWASSEN 36 Ave

1. WEMBLEY

TSAWWASSEN 5. SEASIDE 1391 Tsawwassen Drive South 604-943-3902

6. PEREGRINE 4742 Blue Heron Way 604-943-6677

7. TSAWWASSEN LANDING Tsawwassen Drive North 604-638-3500

8. BOARDWALK 1306-4949 Canoe Pass Way 604.306.2226

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NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

a

6

64 St

7

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PR

5

16 Ave

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52 St

6 Ave

12 Ave

56 St

9191 Odlin Road 604-233-7727 Polyhomes.com

17

56 St

4. BERKELEY HOUSE

17

w

nglish Bluff R d

At The Gardens 604-271-3331

aw

en Dr N ss

3. JASMINE

28 Ave Ts

No. 3rd across from Capstan Skytrain 604-285-9983

17A

Deltaport Way

4991 No. 5. Road 604-231-0480

1 Ave

144 St

120 St

112 St

99

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132 St

82 Ave 17

RICHMOND

2. VIEWSTAR

144 St

88 Ave

138 St

NEW CONDOS

100 Ave Fra ser Hw y

92 Ave

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NEW HOMES

140 St

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100 Ave

92 Ave 116 St

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110 Ave

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No 5 Rd

Shell Rd

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Westminster Hwy

Garden City Rd

Francis Rd

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a

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No 1 Rd rd Dr

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s l and Way Ca2ps t n a W ay Cambie Rd 4

SFPR 115 Ave

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th 12

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NORTH DELTA

River Rd

ay ie W Grant McC o nach Sea I

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RICHMOND

3 Ave

10

PROPERTY PROFILE

+ LOCATION Richmond BUILDER Concord Pacific HOME TYPE Highrise

SALES CENTRE 8511 Capstan Way, Richmond CONTACT concordgalleria.com or 604.233.7748

GALLERIA THE FINE ART OF SMART LIVING It’s Concord Pacific’s newest master-planned community in Richmond and an extension of the popular Concord Gardens neighbourhood. Introducing Galleria: Five luxurious residential towers offering exceptional access to YVR Airport, downtown Vancouver, as well as the retail and culinary delights of Richmond’s vibrant city centre.

This is a community designed with families in mind. Floorplans, more than 40 in total, include one- two- and three-bedroom condominiums plus a limited collection of townhomes. Not to mention top-of-the-line Miele appliances (including washer/ dryer), spa-inspired bathroom with Kohler Veil Intelligent Toilet and a smart thermostat to give automated control over your home’s heating.

50

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

DAZZLING AMENITIES

Galleria’s amenities are thoughtfully created to enhance homeowners’ day-to-day lifestyle. Want a few hints? Okay.

The five towers will share access to a study room, a karaoke and music room, social lounges, and an entertainment kitchen located in the two east towers. The three west towers will focus on wellness with such features as an indoor pool, a putting green, a kids’ club, a yoga space and a pet grooming area (after all, four-footed family members deserve a little pampering, too).

In keeping with Concord Pacific’s forward-thinking philosophy, every parking stall will include EV charging capability, Wi-Fi will be available in all public areas and the

extensive commercial spaces bring opportunities for shopping and eateries.

And here’s another unexpected, very cool bonus. Galleria will include a 12,000-sq.-ft. art facility dedicated to encouraging children’s artistic talents. While details are yet to be unveiled, Grant Murray, Concord Pacific’s senior vice-president, sales, anticipates a combination of classroom space for art, dance, music and other creative endeavours.

Visit the Galleria presentation centre and display suites at 8511 Capstan Way (at No. 3 Road).

For more information and to register for priority updates, visit concordgalleria.com or call 604.233.7748.

The Fine Art of Smart Living

New Master-Planned Transit Community In Richmond Galleria, located right next to the proposed Capstan SkyTrain Station in Richmond, is inspired by art and excelled with technology.

Equipped with state-of-the-art amenities and high-tech features; easy access to an over 2-acre community park as well as a wide selection of shops and restaurants, Galleria brings you home to experience the fine art of smart living.

1 to 3-Bedroom Luxury Residences (From 523 to 1,786 sq.ft, plus balcony space)

4UBUF PG UIF BSU "NFOJUJFT

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ConcordGalleria.com 3JDINPOE 4BMFT $FOUSF 8511 Capstan Way, Richmond, BC (on No. 3 Road)

)PVST 11:00am - 5:00pm Daily 1IPOF 604 233 7748

.JFMF "QQMJBODFT

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All renderings reect the artists’ interpretation of the project only and do not take into account the neighbourhood buildings, physical structures, streets, and landscapes. The developer reserves the right to make modiďŹ cations, substitutions, changes brands, sizes, colours, layouts, materials, ceiling heights, features, ďŹ nishes, and other speciďŹ cations without prior notiďŹ cation. This is not an oering for sale. Any such oer may only be made with the applicable disclosure statement and agreement of purchase and sale. Concord Galleria Limited Partnership. E & O.E.

HOT PROPERTIES

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 KINGS LANDING II Home type: Townhomes and condos Developer: Dawson + Sawyer On the map: Surrey Web: dawsonsawyer.ca Info: A collection of townhomes and condos coming to the emerging Capital District of Surrey. From one- to fourbedroom homes located five minutes south of City Centre and within walking distance to shopping. Register now.

STANLEY GREEN BERKELEY HOUSE

ATMOSPHERE LIVING Home type: Condominiums Developer: Southstreet Development Group On the map: Richmond Web: atmosphereliving.ca Info: Located at the gateway to downtown Richmond with direct access to the Canada Line, Atmosphere is at the centre of a dynamic emerging community.

Refined modern residences ranging from one bedroom condos to spacious four-bedroom family homes with a global influence. Register now.

BERKELEY HOUSE Home type: Condominiums Developer: Polygon Homes On the map: Richmond Web: polyhomes.com Info: Berkeley House showcases modern West Coast architecture accented with bold brick façades and a glass “jewel box”

+ 52

clubhouse. Air-conditioned interiors with nine-foot ceilings, brand-name appliances, spa-inspired ensuites and more celebrate modern living in style.

Unit sizes range from 795 sq. ft. to 1,130 sq. ft. Register now.

CF RICHMOND CENTRE Home type: Condominiums Developer: Cadillac Fairview and Shape Properties On the map: Richmond Web: liveatcfrc.com Info: CF Richmond Centre is a 27-acre mixed-use, master-planned community in the heart of Richmond. Sophisticated designs, city views, expansive terraces and upscale features including A/C and luxury appliances will come together to create an exclusive living experience.

More than 150,000 sq.ft. of amenities including outdoor sky gardens for the exclusive use of residents. Register now.

Home type: Townhomes Developer: Elegant Stanley Green On the map: Queensborough Web: stanleygreen.ca Info: Elegant urban townhome living inspired by and built with a green philosophy. Spectacular townhomes created in harmony with their surroundings.

Inside, comfort awaits with sophisticated appointments and uncompromising design. Outside, nature lies in walking distance in one of the most awe-inspiring communities. Coming soon.

WESTCOAST LIVING Home type: Townhomes Developer: Panorama Homes On the map: Surrey Web: panoramawestcoastliving.com Info: A new class of residential living; 200 modern townhomes with three- and fourbedroom townhomes ranging from 1,600 to 1,770 sq. ft. Gourmet kitchens with elegant quartz countertops and unique contemporary design plans featuring open layouts and large windows for maximum daylight. Register now.

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

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

Adventures Await.

Close to Home.

The Only Waterfront Community in Tsawwassen Coming Early 2019. Register Now. T O W N H O M E S | D U P L E X E S | S I N G L E F A M I LY H O M E S

OWNBOARDWALK.COM 604.306.2226 Artistic renderings. The developer reserves the right to make changes and modifications to the information contained herein without prior notice. This is not an offering for sale. Such an offering can only be made by a disclosure statement. E.&O.E.

INSPIRATION |

style file

bliss

Kitchen DESIGNER JO ALCORN CREATES A DREAM KITCHEN FOR HERSELF

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NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

I find staying with the same colour in an open concept (like my home) gives the space a cohesive and continual look.

When it came to the design of my kitchen, I chose my appliances first. I knew I wanted something completely different and when I saw the new fingerprintresistant Sunset Bronze collection from Whirlpool (whirlpool.ca), I made this my jumping-off point for the entire space. With a brushed, satin finish and rose gold undertones, this suite really is the crème-de-la-crème of my kitchen.

To complement the walls in my kitchen, I decided to stay true to my one real paint love – Jojo whitewash PF17 from Para (para. com). I find staying with the same colour in an open concept (like my home) gives the space a cohesive and continual look.

Next, I worked with DV Kitchen and Bath (dvkitchens.ca) to find the right cabinets for a clean, streamlined look. I decided on a flat panel front but in trendy, gloss white; the gloss helps to bounce light and creates the illusion of a larger space. Plus, these cabinets are super easy to wipe down, keeping that new look and feel longer.

I added Caesarstone’s Calacatta Nuvo (caesarstone.ca) for the island, counters and backsplash.

This countertop is stunning and durable. Selecting a primarily white countertop with white cabinets makes the area feel open and spacious.

If I’ve said it once I’ve said it a hundred times: The faucet is the gem in the kitchen! I went with Delta’s Trinsic faucet in champagne bronze (deltafaucet.ca). The design is simple, smart and elegant with an integrated pull down wand. Plus, the colour is a modern take on gold that pairs well with my stainless steel sink and warm-toned appliances.

I love how the herringbonestyle floor turned out. I used a classic and timeless marble tile to balance the trendiness of the look.

The result is amazing, and ties the cupboards, countertops, closet and paint all together. This tile came from Creek Side Tile (creeksidetile. com) where they have a vast selection to choose from.

Onto the finishing touches! The dishware and stools were found on Wayfair Canada (wayfair.ca).

They have an extensive collection of affordable options and offer free shipping. The blinds are TriLight that offer a unique combination of a sheer pleated shade on the top and a honeycomb shade on the bottom. It’s like having three looks in one – all sheer, all privacy or half and half. This design is exclusive to Budget Blinds (blinds.ca).

To polish off my dream kitchen, I chose to go with lights from Artcraft (artcraftlighting.com) that have lovely brass details. It brings the entire space together for a serene yet stunning look. I could not be happier with my kitchen refresh.

HGTV Jo Alcorn is an interior and product designer for Alcorn Home. She has a full home furnishing and pet line collection displayed and sold across Canada and the U.S. She is known for her clean-line savvy design concepts. Alcornhome.com

nexthome.ca

55

64 Ave

British Columbia Hwy

10

184 St 58 Av e

56 Ave

Colebroo k Rd

G

53 Ave

192 St

Gra de C 44 Ave

168 St

36 Ave

16 Ave

16 Ave 9

10 Ave

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168 St

154 St 156 St

144 St

Johnston Rd

148 St

20 Ave

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160 St

Oxf ord St

140 St

Nichol Rd 141 St

nt

128 St

20 Ave

8 Ave

1. SOUTHCREST

5. SOHO

8. EDGEWOOD GATE

16788 18th Ave 604-385-2236

Presentation Centre 2280 - 163 St. 604-560-0272

2113 166 Street 778-294-9077 foxridgehomesbc.com

1589 Maple Street 778-294-7794

6. EDGEWOOD ESTATES

9. MARCA

3. BERKELEY VILLAGE

16798 Edgewood Drive 604-385-2881

20th Ave & 164th Street Berkeleyvillage.ca

7. HAVEN

4. GRANDVIEW AT SOUTHRIDGE CLUB

King George Hwy & 148th Street liveathaven.ca

2. ALTUS

15828 Mountainview Dr 604-582-1113

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

1454 162B Street 604-720-7478

10. ISOLA 1711 King George Blvd.

604-720-7478

8 Ave 184 St

99

NEW CONDOS

17 6 S t

NEW HOMES

28 Ave 200 St

24 Ave

32 Ave

192 St

2

Thrift Ave Buena Vista Ave Pac ific Ave

17 6 S t

North Bluff Rd

28 Ave

5 1 8 6

wy

16 Ave

M arine Dr

4

24 Ave

H ne lai

20 Ave

18 Ave

164 St

160 St

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20 Ave

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28 Ave

-B er uv co

124 St

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32 Ave

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40 Ave

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152 St

40 Ave

204 St

42 Av

MUD BAY

56

56 Ave

54 Ave

15

ch Bee

62 10

60 Ave

168 St

k Rd Trun

58 Ave

10

5 6 Av e

64 Ave

1A

184 St

Lellan Rd w Mc

125a St

Ne

60 Ave

177b St 176a St

60 Ave

60 Ave British Columbia Hwy

176 St

91

64 Ave

172 St

SOUTH SURREY - WHITE ROCK

68 A

ve

180 St

144 St

142 St

128 St

120 St

Hy l a d R 68 Ave n d

64 Ave

68 A

152 St

134 St

130 St

Ki ttson Pkwy

6 8 Av e

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72 Ave

HOT PROPERTIES

0 Ave

0 Ave

M ETICULOUS D ETAILS THAT DEFY S INGLE FAMILY HOME L IVING The Marca townhomes are located in a prestigious and tranquil neighbourhood in South Surrey, surrounded by excellent schools and an array of shopping choices, with picturesque White Rock only minutes away. Each home features chalet-inspired exteriors, combining the best of West Coast architecture with exquisitely-designed floorplans and meticulous details such as smart home automation, air-conditioning, side-by-side double garage and even rough-in for an elevator. Enjoy quality of life that surpasses what single family homes could offer.

FALL PROMOTION! $25,000 OFF the Purchase Price and Only 5% Deposit Required

MARCA Luxurious 4 bedroom + media room townhomes Over 2,400 sq. ft.

Limited Collection of 18 Homes

Ө Ө Ө

Sales Centre is NOW OPEN VISIT US TODAY Open Daily 12pm to 5pm (Except Friday)

Sales & Marketing by:

Developed by:

This is currently not an offering for sale. Any such offering may only be made with a disclosure statement. E.&O.E.

TRENDING

CANADIAN HOME SALES ACTIVITY EASES IN OCTOBER

The Canadian Real Estate Association (CREA) last week released its home activity report for the period between September and October, 2018, with some good news for homebuyers in some regions.

The report showed national home sales fell 1.6 per cent and actual (not seasonally adjusted) activity was down by 3.7 per cent from the same time last year. The number of newly listed homes eased 1.1 per cent during this twomonth period. As well, the MLS home price index (HPI) was up 2.3 per cent year-over-year, while the national average sales price slipped by 1.5 per cent in the same period.

While home sale activity is still stronger than in the first half of 2018, it remains below monthly levels recorded from early 2014 through 2017.

Sales were down year-overyear in slightly more than half of all local markets in October, but lower sales in Greater Vancouver and the Fraser Valley more than offset the rise in sales in the Greater Toronto Area (GTA) and Montreal by a wide margin.

“This year’s new mortgage stress-test has lowered how much mortgage homebuyers can qualify for across Canada, but its effect on sales has varied somewhat depending on location, housing type and price range,” says CREA president, Barb Sukkau.

“National sales activity lost momentum in October,” says Gregory Klump, CREA’s chief economist. “In part, this reflects ...

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NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

the absence of an offsetting rise in sales in the Lower Mainland of British Columbia. Even so, the balance between sales and listings in these regions points to stable prices or modest gains. By contrast, the balance between sales and listings for housing markets in Alberta, Saskatchewan and Newfoundland indicates a weak pricing environment for homeowners who are looking to sell.”

Trends continue to vary widely among the 17 housing markets tracked by the MLS HPI. In British Columbia, home price gains have been diminishing on a year-over-year basis, with Greater Vancouver at +1 per cent; Fraser Valley, +6.8 per cent; Victoria, +8.5 per cent; and elsewhere on

Vancouver Island, +11.8 per cent.

Across the Prairies, benchmark home prices remained below year-ago levels in Calgary at -2.6 per cent, Edmonton, -2.4 per cent, Regina, -3.6 per cent and Saskatoon at -0.9 per cent.

The actual (not seasonally adjusted) national average price for homes sold in October 2018 was just under $496,800, down 1.5 per cent year-over-year.

However, the national average price is heavily skewed by sales in Greater Vancouver and the GTA, two of Canada’s most active and expensive markets.

Excluding these two markets from calculations cuts almost $114,000 from the national average price, trimming it to just under $383,000.

NEW SHOWHOME NOW OPEN

Outstanding single-family homes, located in desirable South Surrey!

Priced from $1,399,000 (plus taxes)

NOW SELLING miracon.ca/southcrest 604-385-2236

WINNER

WINNER

VD BL

recreational opportunities, check out this exciting new neighbourhood.

E RG

light and amazing views. Just minutes from shopping, restaurants and

20 AVE

EO

an open-concept greatroom, the oversized windows offer plenty of natural

GG

homes are 3230 to 3305 square feet, and include a full basement. Featuring

KIN

craftsmanship and superior finishes. Designed for an active lifestyle, these

99

168 ST

24 AVE

2-storey, 4-bedroom, 4.5 bathroom homes – all featuring quality

18 AVE 16 AVE

SHOWHOME AND SHOWHOME AND PRESENTATION CENTRE PRESENTATION CENTRE 16727 – 17A Ave. Surrey 16788 18th Ave, Surrey, BC Open Daily noon to 5:00pm Open Daily noon to 5:00pm (except Friday) (except Friday)

HOT PROPERTIES CAPILANO LAKE

L

4

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St

1

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St An dr

W 1st St

Grand Blvd E

99

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n

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ad

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2

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15 St

W Queens Rd

lvd

5

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nment R d ver Go

21st St

tB on

99

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St lley Ba

725 Marine Drive marineandfell.com

Loggers Ln

99

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6 5 A Ave ve

Cle

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2060 Curling Road 604-788-2728

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NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

6

erton Ave Pemb Vic tor ia S t Ma in Va St nc ou ver St

5. BELLE ISLE

60

Robin Dr

d

River r

Grandview Hwy

Raven Dr

7

Log gers L n

Boundary Rd

Rupert St

Clark Dr

Queens Way

Magee St

Finch Dr

Av

4. MARINE + FELL

E Broadway

y ckle Bu S ey

481 Mountian Hwy hunterlynncreek.com

39289 Falcon Crescent 7 E 12th Ave 604-670-7862

ve la

3. HUNTER AT LYNN CREEK

7. RAVENSWOOD

2A

W 16th Ave

Quebec S t

Fir St

W 12th Ave

Industrial Way

e i Av ibald Gar

Burrard St

W 6th Ave

E 1st Ave

Parker St Gilmore Ave

Term Squamish inal A ve jumarsquamish.ca

7A

Springer Ave Delta Ave

Venables St

Dundas St

99

Pioneer St Disco very way

6. JUMAR

SQUAMISH

Rd

Alma St

E Hastings St

Mamquam Rd

Trinity St 1

t en m rn ve Go

1633 Capilano Rd 604-770-1336

Powell St

SQUAMISH

Victoria Dr Commercial D r

1. CREST

2. W PARK WEST Broadway

vie son St St

Dundas St

Nanaimo St

Be

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Willingdon Ave

ENGLISH BAY NORTH SHORE 150 East 8th Street W 4th Ave 604-980-0016

McGill St

NEW CONDOS

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WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

BRING YOUR VACATION HOME WITH VACAY-INSPIRED INTERIORS

HOW TO PREPARE FOR PRE-SALE HOMEOWNERSHIP

nexthome.ca/vacay-interiors

nexthome.ca/prepare-presale

THE ART OF CREATING THE PERFECT DINING ROOM

FIVE ESSENTIAL DECLUTTERING TIPS FOR BUSY PARENTS

nexthome.ca/create-diningroom

nexthome.ca/decluttering-parents

Twitter @nexthome_ca

Facebook nexthomeca

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Visit our website: nexthome.ca

61

HOT PROPERTIES Low

99

l Rd

Leve

in S t

VANCOUVER - DOWNTOWN VANCOUVER McGill St

F ra

ser

tt S t

Elli o

Kerr St

eN

E Kent Av

Tyne S t

St Ea rle s

Knight St

Fraser St

Victoria Dr

r

Main St

eD

SE Marine Dr r Rive

1. WINONA

4. WINSTON SOUTH OAK

7638 Cambie Street winonaoncambie.com

67th & Oak St. 604-809-6233

2. MAYWOOD ON THE PARK

5. CHELSEA

6080 Gray Avenue 604-221-4450 polyhomes.com

Maywood Street & McKay Ave 604-801-7000

31st & Cambie St chelseabycressey.com

8. RESIDE

3. 8888 OSLER

Cambie & Heather St. onni.com

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

6. CAMBIE GARDENS

Boundary Rd

Clark Dr

Rupert St

Rupert St

Renfrew St

Main St

Cambie St

Oak St

Arbutus St

Granville St

Larch St

Mackenzie St

Cambie St

rin

Nanaimo St

Quebec S t

Fir St

Burrard St

Alma St Dunbar St

Blenheim St

Oak St

Ma

E 54th Ave

Imperial St

nd

MacPherson Ave

SE

2

Sussex Ave

e rin

4 3

Dr

E 57th Ave

8

E 49th Ave

River Rd

NEW CONDOS

8888 Osler St. www.8888osler.com

62

1

99

Ma

NEW HOMES

W 49th Ave

E 41st Ave

Boundary Rd

Sw

ive r

lvd

st B

6

E 29th Ave Moscrop St Va nn ess Av Burke St e Bond St Grange St 1A

Patterson Ave

We

Fraser R

E 33rd Ave

W 41st Ave

W 49th Ave

Canada Way

Royal Oak Ave

W allace St

W 33rd Ave

Rupe r t St

W 41st Ave

5

Grandview Hwy

E 22nd Ave

E King Edward Ave

7

Nelson Ave

r

W 33rd Ave

E Broadway

Springer Ave Delta Ave

rine D

Ed

99

Av rd e wa

1A

E 1st Ave

Smith Ave

ll Ma

W King

7

E 12th Ave

Parker St

Willingdon Ave

W 12th Ave

ve

7A

Gilmore Ave

W 6th Ave

W 16th Ave

7

2

Victoria Dr Commercial D r

ok

bro

W Broadway

inal A

1

E Hastings St

Venables St Term

Trinity St

Dundas St

Powell St

e

W 4th Ave

W 16th Ave

Sw M a

vie son St St

v Da ch A a

st We

Nw Ma ri ne D r Chance llor Blv d W 4th A ve Un i v e sity Blvd r W 10th ave

Be

el

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ENGLISH BAY

7. THE RESIDENCES AT NOBEL PARK

450-470 63rd Ave. (between Cambie and Yukon).

604-325-8111 residebymarcon.ca

n

TRENDING

VANCOUVER HOUSE PRICES CONTINUE TO TOP NATION

A nationwide study recently conducted by CENTURY 21 Canada revealed that the priceper-sq. ft. (PPSF) of singledetached homes on Vancouver’s West Side continue to be the highest in Canada despite decreases over the last year, while housing prices in other parts of the province have been softer.

CENTURY 21 Canada’s annual survey of PPSF across the country found condos in downtown Vancouver are the most expensive properties in Canada at $1,345 per sq. ft. For detached houses, Vancouver’s West Side continues to have the highest-priced properties nationally at $1,147 PPSF, down 5.19 per cent from $1,210 last year. Overall, Vancouver houses came in at $856 PPSF, down from $890 last year, due to lower prices on the East Side.

The data used includes prices between Jan. 1 and June 30, 2018, to ensure an accurate

comparison to last year’s survey, so price changes since then are not reflected.

Just outside the city, Burnaby was substantially lower than average at $599 PPS, up 1.91 per cent from $588 last year, while prices in Richmond and West Vancouver jumped more than 10 per cent to $677 and $898.50, respectively. White Rock/South Surrey houses fell more than 8.5 per cent to $506 PPSF. Out in the Fraser Valley, Chilliwack houses rose in price 14 per cent to $297 PPSF while townhouses and condos surged even more to $261 PPSF and $283 PPSF, respectively.

“It is no surprise that Vancouver’s downtown and West Side once again topped the list of Canada’s most expensive properties per sq. ft., even with a small decline over the last year,” says Brian Rushton, executive vicepresident of CENTURY 21 Canada.

“Looking across B.C., the price

variation is remarkable. Going out just one or two suburbs cuts your price in half, while prices in more rural areas are closer to a quarter or less of those in Vancouver.

“We are hearing anecdotally from agents in the Fraser Valley and in communities like Victoria that they are seeing an increase in the number of Vancouver residents moving to take advantage of lower house pricing, which the surge in prices in Chilliwack and elsewhere would seem to support.”

Going back 20 years, most Metro Vancouver prices have tripled or quadrupled – to $681 PPSF this year from $192 in 1998 in North Vancouver, for example.

Victoria saw strong price increases since last year, with detached houses going up more than 11 per cent to $509 PPSF. In Fort St. John, prices for a house dropped more than 27 per cent to $171 PPSF, while Vernon prices shot up 10 per cent to $366 PPSF. nexthome.ca

63

NEW HOME & CONDO DEVELOPMENTS

These listings are meant to offer a comprehensive overview of new home and condo developments currently being marketed throughout Greater Vancouver and the Fraser Valley.

Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse PROJECT

TYPE

CONTACT

PRICE

ABBOTSFORD Allwood Place ...................................TH .........604-260-6797 ........................................................Call Breeze Townhomes .........................TH .........breezeliving.ca ...................................Coming Soon Bristol Heights ...................................TH .........604-607-7801......................................................... Call Eagles Gate .........................................SF ..........604-309-7729 ...................................From $373,500 Falcon Ridge .......................................SF ..........604-309-0540..................................From $789,000 Foxwood ..............................................SF ..........604-850-5040 ................................. From $524,900 Gardner ...............................................TH .........mosaichomes.com.............................Coming Soon The Grand at Wilow Creek............. LR .........604-857-1866 .....................................Coming Soon Onyx at Mahogany........................... LR ..........778-255-7099 ..........................................Now Selling The News ........................................... LR .......... liveatthenews.com ..............................................Call Roundhouse ......................................TH .........gramercy.ca/roundhouse.................................... Call Upper Montrose .............................. LR ........uppermontrose.com .........................Coming Soon BURNABY Alpha at Lumina Brentwood .........HR .........604-435-8088........................................................Call Akimbo ................................................HR .........604-359-7728.........................................................Call Arcola ..................................................TH .........604-671-8805 ........................................................ Call Bordeaux ............................................HR .........bordeauxliving.ca ..................................................Call Cedar Creek .......................................MR .........604-529-8868........................................................Call Churchill .............................................TH .........604-363-2627 .....................................Coming Soon The City of Lougheed 2 ..................HR .........604-328-7128 .........................................................Call Concord Brentwood .......................HR .........604-435-1383..........................................Now Selling Crescent Court ..............................TH/LR ......Libertyhomes.ca ................................Coming Soon Forte..................................................... LR ..........liveatforte.ca ........................................Coming Soon Gilmore Place.................................... LR ..........604-488-8986 ....................................Coming Soon Eternity ................................................ LR ..........604-330-8838 .....................................Coming Soon Juneau ................................................HR .........604-299-9191.........................................Final Homes Kings Crossing...................................HR .........kingscrossingbycressey.com ..............Final Homes Polaris at Metrotown .......................HR .........604-565-7733 ......................................................... Call Solo District .......................................HR .........solodistrict.com .....................................................Call Station Square ...................................HR .........604-438-1113 ......................................................... Call Syncro ................................................. LR ..........bold.ca ......................................................................Call Sussex .................................................. LR ..........sussexmetrotown.com............... From $1.5 million

PROJECT

TYPE

CONTACT

PRICE

Smith & Farrow ................................. LR .........boffo.ca ................................................Coming Soon Victoria ...............................................TH ........604-945-0087 ....................................................... Call Wynwood Green ..............................HR .........wynwoodgreen.ca .................................Now Selling DELTA & TSAWWASSEN Boardwalk .................................. TH/DU/SF ..604-306-2226 .....................................Coming Soon Brio ....................................................... LR ..........604-943-8811......................................................... Call Chelsea Gate .....................................TH .........chelseagate.com.................................................... Call Delta Gardens ...................................TH .........deltagardens.ca ...................................................... Call Harbour Walk..................................... LR ..........604-274-7326 ......................................................... Call Muse .................................................... LR ..........liveatmuse.com ...................................................... Call Pelican Cove .................................. TH/DU......604-943-6677 ..................................From $589,900 Peregrine ............................................ LR ..........604-943-6677 ........................................................ Call Seaside ...............................................RH ........mosaichomes.com ............................Coming Soon South Pointe .......................................SF ..........604-584-2908..................................From $699,900 Tsawwassen Heights ........................SF ..........604-271-7288 ......................................................... Call Tsawwassen Landing.....................SF/LR .......604-638-3500 .....................................Coming Soon Tsawwassen Shores ..........................SF ..........604-943-6677 ........................................................ Call Tsawwassen Springs ......................SF/LR .......604-948-HOME ..................................................... Call

CHILLIWACK Camden at the Falls ........................TH ........604-794-5744 ....................................................... Call Malloway ............................................SF .........604-961-5160 ..................................From $499,900 Midtown..............................................TH .........midtownchilliwack.com ...................Coming Soon Reflections at Cedar Sky.................TH .........604.991.8250.....................................From $477,900 River’s Edge........................................TH .........604.824.5062 .........................................................Call Vista Green at the Falls ..................TH ........vistagreenliving.com ........................Coming Soon

LANGLEY Alexander Square ............................ LR ..........AlexanderSquare.ca .............................................. Call Boulevard at Town Centre ............TH ........604-539-0230 ........................................................ Call Central ................................................ LR .........zenterra.ca/central ............................Coming Soon City Park .............................................TH ........778-772-2919 ......................................................... Call Denby Country Living ....................TH .........denbyliving.com ................................Coming Soon Gabriola Park .....................................TH .........604-371- 1892 ........................................................ Call Hudson & Singer .............................. LR .........hudsonandsinger.ca ............................................ Call The Landing ...................................... LR .........604-533-3231 .....................................Coming Soon Latimer Heights ........................ SF/TH/DU...604-371-0698 .....................................Coming Soon Lattice Square.................................... LR ..........604-427-3407 ........................................................ Call Lift.........................................................TH .........604-834-4188 .....................................Coming Soon Lily Terrace ......................................... LR ..........lilyterrace.ca ............................................................ Call Luxia at Yorkson ................................TH ........luxialiving.ca......................................From $609,900 Oakway ...............................................TH ........liveatoakway.com ...............................Coming Soon Parc Central ....................................TH/LR ......parccentralliving.ca ............................Coming Soon Park Hill ...........................................LR/TH .....liveatparkhill.ca ..................................................... Call The Terraces ......................................CH .........778-987-2489 ......................................Coming Soon Union Park ......................................... LR ..........604-871-4288 ........................................................ Call Willoughby West................................SF ..........604-371-0733 ......................................................... Call Westbrooke at Willoughby..............SF ..........604-371-0733 ......................................................... Call Yorkson Park West ........................... LR .........778-298-2280 ....................................Coming Soon

COQUITLAM 3535 Princeton ................................TH ........604-468-8298 ......................................................Call Amberleigh .........................................SF ..........604-514-4359 .....................................Coming Soon Brookmere .........................................HR .........604-259-5991 ........................................................ Call Dwell24 .................................................TH .........dwell24.com ...........................................................Call Hensley by Cressey ...................... PH/TH ......hensleybycressey.com ......................................... Call Kentwell ..............................................TH .........604-260-8446 ....................................Coming Soon Kingston...............................................SF ..........604-514-4359 .....................................Coming Soon Meridian .............................................HR ........604-327-8760 ....................................Coming Soon Mont Bleu ...........................................HR .........montbleu.ca ......................................... Coming soon The Ridge at Burke Mountain ........SF ..........778-285-6299.........................................................Call

MAPLE RIDGE 222 ...................................................... LR .........604-753-8797 ......................................................... Call Brickwater at the Village................. LR ..........604-477-1500......................................................... Call Cottonwood Lane ............................TH .........604-438-2650 ........................................................ Call Creekside............................................TH .........Livecreekside.ca ..................................Coming Soon The Crest ........................................... LR .........604-765-8875 ....................................................... Call Edge on Edge 3 ................................ LR .........604-466-8793 ....................................Coming Soon Ferngrove ...........................................SF .........604-477-2959 ....................................................... Call Ridgemont .........................................TH .........604-476-1777 ......................................................... Call Rose Garden Homes ......................TH ........604 351 3261 ......................................................... Call Roslyn Ridge ......................................SF .........mstarhomes.com .................................................. Call

BRINGING PEOPLE HOME CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER

FIFTHAVE.CA 64

NextHome+CondoGuide | Nov. 23–Dec. 7, 2018

N E W H O M E S A L E S AND MARKETING EXPERTISE

Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse PROJECT

TYPE

CONTACT

PRICE

The Terraces .....................................TH ........604-351-3261 ........................................................ Call Willow..................................................TH .........lifeatwillow.com..................................................... Call Willow and Oak ................................TH .........willowandoak.ca ................................Coming Soon Wynnbrook .........................................SF ..........604-380-4708........................................................Call MISSION / HARRISON 58 On Cherry Hill .............................TH .........604-768-9572 ........................................................Call Harrison Highlands ...........................SF ..........1-888-758-0850 ....................................................Call Horizons .............................................TH .........1-888-826-1177.................................From $319,800 NEW WESTMINSTER 618 Carnarvon .................................HR .........618carnarvon.com ................................................Call Elliot .....................................................HR .........604-662-8009 ....................................................... Call Ewen ....................................................TH .........604-549-8181......................................Coming Soon Parkside at Victoria Hill ...................HR .........604-523-0733 ........................................................Call Pier West .............................................HR .........604-553-4211 .........................................................Call River Mews ........................................TH ........604-438-5050 ....................................................... Call River Queensborough ....................TH .........604-438-5050........................................................ Call Stanley Green ...................................TH ........778-859-9000 .......................................................Call The Peninsula....................................MR .........604-544-2258 ........................................................Call The Royal at Victoria Hill ................ LR ..........604-523-0733 ........................................................Call Thompson Landing ..........................SF ..........604-520-3226 ..................................From $476,900 NORTH VANCOUVER Belle Isle..............................................TH .........604-788-2728 .........................................Now Selling Cascade at the Pier ..........................MR .........604-984-0906 .......................................................Call CentreView.........................................HR .........604-998-8540 .......................................................Call Compass .............................................HR .........604-980-5000 ....................................................... Call Connaught ......................................... LR ..........604-699-0036 .......................................Final Homes Crest.....................................................TH .........adera.com/crest ..................................Coming Soon Creston................................................ LR ..........604-537-1985 .........................................................Call Crown & Mountain........................... LR ..........604-985-8258 .....................................Coming Soon Forest Ridge ...................................... LR .........778-298-2280 ....................................Coming Soon Green on Queensbury .................LR/TH ......qualex.ca/green ...................................Register Now Grosvenor Ambleside .....................HR .........604-922-1380 ........................................................Call Hunter at Lynn Creek ..................LR/TH .....604-936-1888 .................................From $509,900 Latitudes .............................................TH .........604-435-9477 ..................................From $469,900 Marine + Fell .................................... LR ..........604-770-1966 .........................................Now Selling Northlands ......................................LR/TH ......604-800-2120 ........................................................ Call Park West .....................................HR/PH/TH ..604-770-1336 ..........................................Now Selling Seymour Village ...............................TH ........(604) 924-0818 .....................................................Call Taluswood at Timber Court...........................604-988-3617 ........................................................ Call Toppen Ridge ....................................TH .........toppenridge.com ................................Coming Soon The Trails ...........................................TH .........liveat.thetrailslowerlonsdale.com .....Coming Soon PITT MEADOWS Orion ................................................... LR ..........604-315-7882 ...................................From $299,900 Nature’s Walk .....................................TH .........604-262-1850 .........................................Call for info PORT COQUITLAM Haven ..................................................TH .........boffoproperties.com/Haven/ ............................. Call Lumiere ............................................... LR ..........604-790-4002........................................................Call Montrose Square .............................. LR ..........778-255-2599 ......................................................... Call Salisbury South .................................TH ........604-475-1172 ........................................................ Call Trellius .................................................TH .........778-255-7099 ......................................Coming Soon PORT MOODY 50 Electronic Avenue .....................MR ........50ElectronicAve.com ..................................................

CallBayview Heights ........................TH .........604-207-0977 ........................................................Call Cedar Ridge ......................................TH ........604-720-5357 ........................................................ Call Edgestone ..........................................TH .........604-565-2653 .................................From $889,900 George ................................................TH .........604-469-4036 .......................................................Call The Grande .......................................HR .........604-552-0552 ........................................................ Call Station, The ........................................TH .........604-492-3338 ........................................................ Call

PROJECT

TYPE

CONTACT

PRICE

RICHMOND Alfa .......................................................HR .........604-276-2532 ........................................................ Call Berkeley House .................................................604-233-7727 ......................................................... Call Cascade City ......................................HR .........604-285-7285 ........................................................ Call Concord Gardens .............................HR .........604-233-7748 ................................From $300,000’s Empire Living.....................................TH .........604-244-9622 ........................................................Call Grand, The .........................................HR .........604 278 3880 ......................................................... Call Jasmine at The Gardens.................TH .........604-271-3331....................................From $924,000 Kenstone Gate...................................TH .........604-218-3338................................... From $529,900 Kingston Gate....................................TH .........604-760-6024 ........................................................ Call Livia ......................................................TH .........604-364-2159 ........................................................ Call Mandarin Walk................................LR/TH ......604-278-0808........................................................ Call Monet ..................................................HR .........604-233-7748 ................................From $300,000’s Opal at Richmond Centre ..............HR .........604-303-7575 ...................................From $464,900 Orchid by Beedie..............................HR .........info@orchidbeedie.ca........................Coming Soon Parc Riviera ........................................MR .........604-231-5900 ...............................From Low $200’s Park Residences at Minoru ............HR .........604-303-8878 ........................................................ Call Pier, The .............................................. LR ..........604-274-7326 ......................................................... Call Pinnacle Living Sorrento ................HR .........604-303-0148 ........................................................ Call Quintet ................................................HR .........604-303-8878 ........................................................ Call Riga ......................................................TH .........604-715-1250 ......................................................... Call Riva.......................................................MR .........604-278-8825 ........................................................ Call River Green ........................................MR .........604-233-2633 ........................................................ Call River Inlet ....................................... MR/TH......604-233-2633 ........................................................ Call Viewstar ..............................................TH .........604-285-9983 ........................................................ Call Vogue ..................................................TH .........604-715-1250 ......................................................... Call Wembley.............................................TH .........604-231-0480 ........................................................ Call Westminster Terrace ........................TH .........604-204-1077......................................................... Call SQUAMISH / WHISTLER Elaho ....................................................TH .........604-898-2232 .....................................Coming Soon Jumar ...............................................TH/LR ......604-679-8879 .........................................Now Selling Ocean Crest ........................................SF ..........604-896-2235 ...............................From $1,298,000 ParkHouse .......................................... LR ..........604-567-5433....................................From $167,900 Ravenswood .......................................SF ..........604-670-7862 ........................................................ Call Redbridge .................................... LR/PH/TH...livingatredbridge.com .......................Coming Soon Aqua ..................................................TH/LR ......1-877-344-5566 ...............................From $239,000 University Heights ............................ LR ..........1-888-852-7575 ..................................................... Call Vantage ............................................TH/LR ......vantagesquamish.com .........................Final Homes SUNSHINE COAST SECHELT Edgewater at Porpoise Bay............TH .........604- 885-8556 ....................................................... Call SilverStone Heights...........................SF ..........604-741-1877 .................................... From $479,900 SURREY Aloha Estates .....................................TH .........blackonyxmarketing.ca .....................Coming Soon Avani Centre ..................................... HR ........604-551-0785 ........................................................ Call Boxwood ............................................TH ........778-592-1515 ......................................................... Call Clayton Station .................................TH .........604-575-5262 ........................................................ Call Clayton Walk......................................TH .........claytonwalk.com ................................................... Call Centra .................................................HR ........604-498-3887 ....................................Coming Soon Crest.....................................................TH .........hayerlifestyle.com/crest ...................................... Call Coast at Fraser Heights ................... LR .........604-240-7282 ....................................................... Call Fleetwood Rise ................................TH ........604-372-2122 ......................................................... Call Fleetwood Point ..............................TH ........604-259-1235 .........................................................Call Greenfield Living .............................TH ........604-780-8946 .................................From $549,900 The Guildford .................................... LR ..........778-394-8867......................................Coming Soon Harvest at Bose Farms.....................TH .........604-576-7722 ......................................................... Call Highcrest ............................................ LR ..........604-584-7273......................................................... Call Hillcrest ................................................SF ..........hillcrestbymarathon.ca ........................................ Call Kings Landing 2 ...............................TH ........dawsonsawyer.ca ..............................Coming Soon The Links Residences ......................TH .........604-670-7858 ........................................................ Call Maverick ............................................ LR .........mavericklife.ca ...................................................... Call

nexthome.ca

65

Legend: CH = City Home DP = Duplex HR = High Rise LO = Loft LR = Low Rise LW= Live Work MR = Mid Rise PH = Penthouse RH = Row Home TH = Townhouse PROJECT

TYPE

CONTACT

PRICE

Nova ....................................................TH ........mortisegroup.com ............................Coming Soon Panorama ..........................................TH ........778-885-6700 .......................................................Call Park Avenue West .............................HR .........604-583-9866........................................From $250’s Park Place Fleetwood ......................SF ..........604-539-3939 ........................................................Call Park Place Village .............................TH .........604-617-7763 ...................................From $359,000 Parker ................................................. LR .........mosaichomes.com ............................Coming Soon Phoenix Hill .....................................TH ........778-564-1876 .........................................................Call Sylvia ...................................................TH ........sylvialiving.com ..................................Coming Soon Vantage ..............................................TH ........778-756-1229......................................................... Call The Views ..........................................TH ........604-576-7722 .....................................Coming Soon Westpointe .........................................TH .........604-833-9193 ........................................................Call VANCOUVER & AREA DOWNTOWN 1335 Howe .........................................HR .........604-689-8535 ........................................................Call Avenue One .......................................HR .........avenueone.ca ......................................Coming Soon Burrard Place .....................................HR .........burrardplace.ca ...................................Coming Soon The Charleson...................................HR .........604-689-8535 ........................................................Call Chelsea ........................................... TH/HR ......chelseabycressey.com ......................Coming Soon Eventide .............................................. LR ..........eventidethree.com .............................Coming Soon Mirabel ................................................HR ..............................................................................................Call The Pacific..........................................HR .........grosvenorpacific.com ..........................................Call Vancouver House .............................HR .........604-893-8958........................................................Call EAST SIDE Avalon Mews .....................................TH .........604-438-5050........................................................Call Focal .................................................... LR ..........604-563-6777......................................Coming Soon Francis .................................................TH .........604-330-8848........................................................Call Gem, The ............................................ LR ..........liveatthegem.com...............................Coming Soon Grandview Cascades .......................TH .........grandviewcascades.com ..................Coming Soon Kensington Gardens ........................ LR ..........604-620-7886 ........................................................Call McKinnon by Cressey...................... LR ..........mckinnonbycressey.com.......................Final Home Monogram ........................................TH .........604-808-5272 ........................................................Call Paragon............................................... LR ..........604-688-5566.....................................Coming Soon River District - Mode................ HR/MR/TH ..604-879-8830........................................................Call Triumph...............................................TH .........604-563-6200........................................................Call The Windsor.......................................HR .........thewindsorliving.com............................Now Selling WEST SIDE 7302-7358 Granville ........................TH .........604-908-7653 ........................................................Call 1555 West Eighth ...........................LR/MR ......604-828-3998........................................................Call 8888 Osler ......................................... LR ..........8888Osler.com .......................................Now Selling 41West .................................................MR .........604-563-8336 ........................................................Call 6th & Yukon........................................ LR ..........cressey.ca..............................................Coming Soon 99 West ...............................................MR .........604-620-8600 .................................From $528,800 Aperture ...........................................LR/TH ......604-345-9000........................................................Call Aster .................................................... LR .........604-915-6898 .......................................................Call Boulevard ...........................................MR .........604-685-5778 ...................................From $367,400 Cambie Gardens ...............................HR .........604-330-6776 .....................................Coming Soon Chelsea by Cressey .......................LR/PH ......chelseabycressey.com .........................................Call Citti .......................................................MR .........604-880-6880 .......................................................Call Fraser Commons at Marine ...........HR .........frasercommons.com ............................................Call Granville at 70th ...............................HR .........604-687-2298 ........................................................Call Ivy on the Park ..............................LR/TH .....liveativyonthepark.com .......................................Call Kerrisdale Gardens...........................MR .........604-559-9848..................................From $540,900 Maisonette ........................................TH ........604-318-7172 ........................................................Call Marquise ............................................. LR ..........604-359-4689 .......................................................Call McCleery and Magee .......................SF ..........604-255-3838 ........................................................Call Monarch..............................................MR .........604-568-6883..................................From $444,900 Monument ......................................... LR ..........monumentbyepta.com .....................Coming Soon Parc 26 ............................................ MR/TH......604 336 6380 .........................................................Call

PROJECT

TYPE

CONTACT

PRICE

Parc Elise......................................... MR/TH......604-336-6380 ........................................................ Call 35 Park West ...................................... LR ..........604-563-8336 ........................................................ Call Park Grand ........................................TH ........778-999-2552 .....................................Coming Soon Pinnacle On the Park at False Creek .....HR .........604-874-8368 ........................................................ Call Primrose .............................................TH .........PrimroseVancouver.com ..................Coming Soon Prodigy ................................................MR .........604-221-8878................................ From high $300s Q16.......................................................TH .........604-263-8090........................................................ Call Reside .................................................TH ........residebymarcon.ca ............................................... Call Residences at Nobel Park ..............HR ........604.221.4450 .......................................................... Call Shaughnessy Residences ..............TH ........604-558-5852 ........................................................ Call Sota ......................................................HR .........604-671-1025 ................................. From 2.5 million The Ivy................................................. LR ..........604-566-5888 ........................................................ Call The Regent.........................................TH .........604-273-1313 ......................................................... Call Tisdale .................................................TH .........778-846-5990 ........................................................ Call Westbury in Arbutus Ridge ............TH ........westburyliving.com ..............................From $2.5M Winona on Cambie .......................... LR ..........winonaoncambie.com ......................Coming Soon Winston South Oak .......................... LR .........604-809-6233........................................................ Call Yukon Residences ...........................TH .........604-558-5850 ........................................................ Call WEST VANCOUVER Bellevue by Cressey.........................HR .........bellevuebycressey.com.....................................Email Evelyn ..................................................TH .........604-922-0330 ........................................................ Call Galleries on the Bay......................... LR ..........604-836-7355 ..................................From $490,000 Shannon Wall Centre....................... LR ..........604-267-8882 ........................................................ Call WHITE ROCK / SOUTH SURREY Altus .....................................................HR .........778-294-7794 ......................................................... Call Berkeley Village ................................TH .........berkeleyvillage.ca .................................................. Call Edgewood Gate .................................SF ..........778.294.9077 .......................................................... Call Fantom ............................................... LR .........604-538-8028 ....................................................... Call Freestyle..............................................TH ........dawsonsawyer.ca ...............................Coming Soon Haven .................................................TH ........liveathaven.ca ........................................................ Call Hazelwood ........................................TH ........604-416-1812 .....................................Coming Soon Imperial ...............................................TH .........liveatimperial.com ................................................. Call Isola......................................................TH .........604-720-7478 ......................................................... Call Foster & Martin ..................................HR .........fostermartin.ca ....................................................... Call Marca ..................................................TH .......mortisegroup.com ............................................... Call Miramar Village .................................HR .........604-542-8882 ........................................................ Call Orchard Grove ...................................SF ..........604-454-8654 ....................................................... Call Orchard Park ....................................TH ........streetsidebc.com ...............................Coming Soon Semiah ................................................HR .........semiahbymarcon.ca.............................................. Call SoHo ....................................................TH .........604-560-0272 ........................................................ Call Soleil ....................................................HR .........soleilwhiterock.com ............................................. Call Southcrest ...........................................SF ..........604-385-2236 ........................................................ Call South Ridge Club .............................TH .........604-582-1113.......................................................... Call Viridian ................................................TH .........604-541-0707......................................................... Call Westpointe ..........................................SF ..........604-833-9193 ........................................................ Call OUT OF TOWN PROPERTIES KELOWNA Brooklyn .............................................HR .........liveatbrooklyn.com ............................Coming Soon ELLA .....................................................HR .........778-215-6788 ................................... From $679,900 Urbana at Central Green ................MR .........778-581-5800 ...................................From $459,900 VICTORIA Black & White ................................ MR/PH......778-265-3464......................................................... Call

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618 CARNARVON STREET, NEW WESTMINSTER

downtown New Westminster.

options, experience the true beauty of

life’s conveniences, and multiple transit

views a block from the water, steps from

Meet 618 Carnarvon. Offering impressive

The crown jewel of all dream homes.

AMAZING WATER VIEWS FOR AFFORDABLE PRICES

NEW WESTMINSTER

NOW SELLING

GEORGIA STRAIT

ENGLISH BAY

VANCOUVER

PER SF

$1,500

False Creek

BURRARD INLET

RICHMOND

PER SF

$1,100

Waterfront Richmond

PER SF

$2,200

Coal Harbour

PER SF

$888

New Westminster

NEW WESTMINSTER

BURNABY

SURREY