Apr 19 - May 03, 2013 Volume 03 Issue 08
inside this issue
Mortgage risk & responsibility
Don’t fear a ‘market correction’
First-time homebuyers showing rational side
Limited Time Offer
105 AVE
156 ST
154 ST
Guildford Town Centre
152 ST
104 AVE
100 AVE
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 3
built by
27 LUXURY HOMES TH TH GRAND OPENING APRIL 27 & 28 Spacious White Rock 1 Bedroom and 2 Bedroom + Den homes priced from $299,900 Early Previews Available by Private Appointment MARTIN ST
THRIFT AVE
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WINTER ST
FOSTER ST ROPER AVE
604.364.7455
VISIT US Presentation Centre 1333 Winter St White Rock, BC V4B 2E8
winterstreet.ca built by
marketing by
This is not an offering for sale. Any such offering may only be made with a Disclosure Statement. E. & O. E.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 5
KE
COMO LAKE EMERSON
AR CL
80% SOLD
West Coquitlam apartments on the coming Evergreen Line and close to SFU and Lougheed Town Centre. From the high $200s
Home Store + model home 608 Como Lake Ave 604.936.9300
mosaichomes.com *Artist rendering. E.&O.E.
2013.02.28 ALTITUDE AD UPDATE.pdf 1 2/28/2013 9:12:32 AM
NOW UNDER CONSTRUCTION
tABLE OF CONtENtS
april 19 – May 3, 2013 VoLUme 3 ISSUe 8
16
G3 RESIDENCES
Guildford offers bright future for new homeowners 78
coluMnS, neWS & featureS 012 eDIToR’S noTe COLUMNS
068 conDo SenSe Looking at the future of neighbourhoods by cameRon mcneILL
078 moRTGaGe mInUTe Why you shouldn’t fret over a ‘market correction’ by PeTeR KIncH
IN tHE NEWS
022 In THe neWS Further intervention in housing markets not warranted: CHBA 072 FInanceS A mortgage comes with risk and responsibility FEAtURES
026 BUyeR PRoFILe Reimagining Life: Brenda and Tony at Elements by susan m boyce
008_010 Van TofC.indd 8
056 BUyInG anD SeLLInG First-time homebuyers showing their rational side
014 Surrey/Langley
MAPS
032 South Surrey/ White Rock
HOMEBUYERS’ HELP
040 Richmond
044 conDo WaTcH Condominium homes to keep your eye on
046 Vancouver
089 HomeBUyeRS’ ReSoURce SecTIon
058 Burnaby
092 LISTInG DIRecToRy
054 Pitt Meadows/ Maple Ridge 066 Tri-Cities 074 Abbotsford/ Chilliwack 080 North Shore
4/16/13 4:29:49 PM
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Vice-President, Wall2Wall Media
Jacqueline Hill Editor-In-Chief, National Real Estate
Susan Legge Director of Sales, Western Canada
Josh Heppner Art Director
Sarah Jang Editor
Elisa Krovblit Lydia McNutt (on leave)
36
Contributing Editors
Sara Duck Wayne Karl Design Editor
Yanic Simard Account Executives
Dave Bird 604.319.7102 Brenda Everitt 604.319.7103 Sales Coordinator
Justin Salvador Ranee Pal (on leave)
condo profileS
Production Manager
Bala Gnanapandithan
36
Production Co-ordinator
Laura Northmore
Royce
Graphic Designers
The best of coastal livings
Caroline Wassef Mike Terentiev
by susan m boyce
42
National Account Manager, Mediative
Paul Slizys
42
Harmony
Live in perfect balance
Published By
by susan m boyce
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3CP Condo Guide Van Insert 2013-04.indd 1
008_010 Van TofC.indd 10
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1 bedroom 1 bath starting at 510 sq.ft.
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Call 604.519.6080 for advertising rates Copyright covers the contents of this publication and prevents reproduction in whole or in part: offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher.
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apr 19 - may 3, 2013 metro vancouver new Condo Guide 11
EDITOR’S NOTE
Solid investment decisions
BEGIN AT HOME
SUSAN LEGGE
EDITOR-IN-CHIEF
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on facebook search: Condo Guide
Is there a positive to buying a new condo in our current economic climate? You bet there is. When you buy new, your investment is backed by a strong warranty program. It protects your deposit and offers protection against defects in work and materials, unauthorized substitutions and delayed closings or occupancies after the condo is constructed. What are the other positives of buying a new condo? New housing prices are extremely competitive at this time and interest rates are low. If you think posted rates look good, ask your bank or mortgage broker if they can do better. While no one can guarantee what their home will be
worth in the next 10 or 20 years, ask a recent buyer what the value of their home is now. Chances are you will see them smile. Communities close to amenities such as shopping and transit are especially appealing, but your builder may not know or tell you about the plans for your prospective new neighbourhood, so do your homework. The media often stresses the negative side of the story. It’s time to make solid investment decisions, and look beyond the doom and gloom. Investigate how you can make Canada’s economic environment work for you. Happy new-home hunting!
Earth Day April 22nd
LIVING GREEN
ELISA KROVBLIT
EDITOR
Wall2Wall Media Elisa.Krovblit@wall2wallmedia.com Follow me on Twitter at Twitter.com/ElisaKrovblit
It’s Earth Day on April 22. It’s great that there’s a day that brings mass attention to the Earth, the environment and the issues that are occurring. While being Green has been gaining popularity year-over-year, and more and more people are becoming conscious of their personal impact on the world around them, there’s still much to be done. Earth Day is a great time for people to share their efforts and spread awareness about important environmental issues. This year why not check out some of the festivities, get involved, learn and have fun. Earthday.ca has numerous events and initiatives to attend and try. By living in an apartment you’re already living Green. Multi-family dwellings
are more efficient and have more energy savings than single-family homes. You may want to think about things like your energy consumption – can you turn off appliances and unplug electronics when they’re not in use? Can switch to energy-saving light bulbs? Can you do your laundry in cold water instead of hot? How about a community swap? Instead of landfill, might someone else in your apartment need those items – from books to clothes and furniture that you no longer want? Learn how to dispose of hazardous materials properly, from batteries to fluorescent bulbs and paint. Green isn’t just a colour, it’s a lifestyle, and it’s a responsibility everyone needs to embrace.
12 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
012 editors note.indd 12
4/16/13 4:30:12 PM
move-in january 2014 and visit our display suite today.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 13
Surrey | Langley 116TH AVE
12 0T H
OR
RD
112ND AVE
108TH AVE
A6
A9
104TH AVE
104TH AVE
se r
TYNEHEAD REGIONAL PARK
er
Hw
y
GOLDEN EARS BRIDGE
96TH AVE
A4 A1
88TH AVE
88TH AVE
BEAR CREEK PARK
10
R
RD
B3
A3
LO VE
A7 64TH AVE
G
A13
60TH AVE
61A
LANGLEY BYPASS
A11
58TH AVE
56TH AVE
56TH AVE
er H
10
GR
AD
ER
A1. Ascend
A6. the wave
A12. 3 civic plaza
B1. red maple park
A2. Luxor
A7. waterstone
A13. latitude
B2. Cornerstone
A8. park ave
A14. ultra
B3. elements
A15. teo
B4. varsity
15956 86A Ave. 604.596.2202 12039 64th Ave., Unit #104 604.590.8003
A3. Salix
6477 - 196th Street 604.530.0054
10375 133rd St. 99 604.951.9283 64th & 19th 604.530.5399
100 Ave. & Whalley Blvd. 604.233.7748
A4. Monterosso
A9. G3 Residences
A5. verve
A11. lumina
8727 160th St. 604.596.8828
13913 Fraser Hwy. 604.588.3783
104th Ave. & 154th St. 604.453.6688 14877 60th Ave. 604.760.7672
104 Ave & 134 St 604.572.0064 14358 60th Ave. 604.596.5075 10345 133A St. 604.588.6999
13864 Hyland Rd. 604.288.8981
7938 209th Street 604.888.8699 5655 210A Street 604.534.6000 20211 66th Ave. 604.533.7718
200th Street & Fraser Highway 604.539.2200
B5. athenry gate 8312 Street 604.882.8857
B6. kensington
208 St. & 80th Ave. www.liveatkensington.ca
14 metro vancouver new Condo Guide apr 19 - may 3, 2013
wy
D
Langley
SERPENTINE FEN NATURE RESERVE
B2 Fra s
B4
Surrey
B1
72ND AVE
64TH AVE
WATERSHED PARK
208TH ST
200TH ST
192ND ST
184TH ST
176TH ST
99a A15
A2
B6
80TH AVE 168TH ST
160TH ST
152ND ST
144TH ST
128TH ST
120TH ST
112TH ST
72ND AVE
AV E
B5
1a
King George Blvd
80TH AVE
96 TH
48TH AVE
40TH AVE
240TH ST
Fr as
RD
GREEN TIMBERS URBAN FOREST PARK
96TH AVE
GL OV ER
S
A5 A8
232RD ST
A14
216TH ST
Fr a
A12
216TH ST
W ay
ST
GR
N VE OS
$10,000 discount offer extended (and not just for 1st time buyers)
ay in tod e v o m m
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58th Ave.
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64th Ave.
To US Border
Wolstencroft Realty
*Selected Homes subject to change without notice. Limited time offer, see sales staff for details. This is not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E.
cover story
G3 Residences
Guildford offers bright future for new homeowners // by Janine Mackie
is lively at the Guildford Station Pub as friends feast on mango bourbon wings and watch sports highlights. At the community rec centre an aerobic spin class is underway, while next door at the Guildford Library the book club discussion is lively and carries on afterwards at Zen Sushi, a foodies’ favorite, known for its tasty battered California rolls. Others update their wardrobe on a retail-therapy trip to Guildford Town Centre Mall before catching a show at the Empire Theatre. From quiet residential community, to a robust economic centre, Surrey’s northern neighborhood called Guildford has real estate investors taking notice and homebuyers taking action to get into the housing market at a realistic price point. It’s a neighbourhood that’s attracting young active homebuyers who love the convenience of being able to access everything by foot or have the option to hop on the highway and be in Vancouver in just 35 minutes via the new Port Mann Bridge. It’s finally the weekend, and the scene
G3s central location provides easy highway access and city convenience at your doorstep Taking shape amidst this animated neighbouhood is G3 – the only new condominium project
in the area, and with occupancy scheduled for next spring. This trio of low-rise buildings surrounded by green space and a central garden courtyard, consists of 49 homes in its first phase, Premiere, 51 homes in phase two, Encore followed by 55 homes in the last phase, Finale. With starting prices from just $139,900, G3 is garnering attention from first-time buyers and investors alike, as well as those who’ve grown up in the neighbourhood and either want to downsize or move-out from their parent’s basement, as they process the exciting reality they can be building their own equity from just $535 per month. Remarkably more affordable than buying a new home in Vancouver, people are looking to Surrey for all it has to offer – beautiful parks, opportunities for business, culture and art, good schools and numerous activities for singles, families and seniors. SPRING PROMOTION: Up to $8,000 off homes in Phase 2 G3 puts you in the heart of this great city and offers a variety of floor plans choices so you can have just the right fit for your lifestyle. Junior one bedrooms are priced from just $139,900, one-bedroom homes from $166,900 and two-bedroom homes start at $234,900. “We are currently selling Phase 2 and offering a great promotion where new buyers will receive $5,000 off one-bedroom homes and $8,000 off two bedrooms,” says sales manager Sarah Penikett. “The most popular homes always go first like those with mountain views, southern exposures or on the top floor with amazing 10-ft. 8-inch high ceilings,” adds co-Sales Manager Margaret Bird. “This is the time to get first pick and exactly the home you want.”
16 metro vancouver new Condo Guide apr 19 - may 3, 2013
016-017 G3 COVER STORY.indd 16
4/16/13 4:30:14 PM
At the presentation centre, potential buyers have the opportunity to experience the comfort, style and functionality of the homes in living colour and see the remarkable finishing details like quartz countertops, luxury appliances and designer-appointed bathrooms. “The feedback from visitors has been great,” says Penikett. “They love the layout as it maximizes space.” West Coast contemporary meets sleek sophistication Those who buy early also have the advantage of choosing between two colour schemes: Sterling or Onyx for a customized look that is matte and metallic, or a rich wood grain which beautifully coordinates with laminate wood flooring in the living areas. Making life effortless, homes are fully
equipped with slide-in-range, French-door refrigerator with bottom freezer, microwave with hood fan, dishwasher, modern soft-closing cabinetry and front load washer and dryer. G3’s walk-to-everything location makes it especially desirable. There’s the Guildford Town Centre Mall right around the corner with over 200 stores and services including The Bay and WalMart, and popular restaurants like the Keg and Earls, open late. An international array of grocers is just a stroll from home including T & T and Hanna Supermarkets. Whether bookworm or fitness enthusiast, the new Guildford community centre and library are right around the corner and offer locals everything from a swimming pool and weight room to gymnasiums and specialized classes. G3’s own clubhouse provides a friendly atmostphere to get to know neighbours. Located on the ground floor of Encore, it will feature two outdoor patios, a fireside lounge and a guest suite. “We wanted to give residents useful amenities that wouldn’t cost a lot to maintain,” says Bird. “Each home also comes with at least one parking stall and an oversized storage locker.” Discover good life, great homes and the convenience of Guildford at the G3 Sales and Presentation Centre open daily (except Fridays) from 12 to 5 p.m. at 10439 – 154 St., Surrey. For more information, call 604.588.8238 or visit online at G3LIVING.CA. apr 19 - may 3, 2013 metro vancouver new Condo Guide 17
016-017 G3 COVER STORY.indd 17
4/16/13 4:30:19 PM
SURREY/LANGLEY
-IN E V O M
LL A SF I TH
OWN FROM
$671*
PER MONTH
PUT $10,000* IN YOUR POCKET AND TAKE TIME TO BUILD YOUR DEPOSIT! The $10,000* First Time Home Buyer Bonus has been extended at Ascend only until April 30th You can build your deposit while we build your home!* This allows you to build up towards a deposit in staggered installments until the day you move in. Ask about Ambros $10,000* first time buyer program, it’s never been easier to get into homeownership. Talk to us and we’ll go over your options. Ascend gives you the space you asked for, in a neighbourhood you already love at a price you can afford! Live within Walking Distance of everything and kiss your landlord goodbye from just $176,631 including net sales tax!
liveatascend.com 604.596.2202 8655 160 St. Surrey BC Open Daily Noon–5pm (Closed Thursdays and Fridays) *Prices and incentives are subject to change or be withdrawn without notice. Prices quoted include net sales tax for owner/occupier only. Payments quoted based on current prices, a 20% down payment, 30 year amortization at 4.24% over a 5 year fixed term. Interest rate valid as of February 14, 2013. Offered by a partnership financial institution available OAC. Ask about our staggered downpayment program. Ask about the $10,000 First Time Buyer program available only until April 30, 2013 only. Don’t miss out! E&O.E. Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca
18 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
Surrey/langley
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apr 19 - may 3, 2013 metro vancouver new Condo Guide 19
surrey/langley
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* Prices are exclusive of applicable taxes and subject to change without notice. Incentives may be withdrawn without notice. E. & O.E. Please ask staff for details.
20 metro vancouver new Condo Guide apr 19 - may 3, 2013
SURREY/LANGLEY
THIS WEEKEND ONLY S ALE Sale StartS Saturday
be the firSt to know EVERY FRIDAY about the weekend’S ultra Sale
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MOVE INTO HIGHRISE LIVING THIS SPRING citY centre StudioS froM $170,900 citY centre 1 bdrMS froM $259,900 citY centre 2 bdrMS froM $465,900 citY centre townhoMeS froM $399,900 SaleS centre oPen dailY 11aM - 6 PM | 10345 133a Street, SurreY liveatultra.coM | 604.588.6999 develoPed bY *See agent for full detailS. PriceS & incentiveS are Subject to change without notice. e.&e.o.
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 21
B3 COMMUNICATIONS date: file:
cw: ad: 04/12/13 b3 clients:ultRa:21062 ultRa condo Guide ad update:pRod:21062 ultRa condo Guide ad update 7.25x9_ pRod.indd
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IN THE NEWS
Further intervention in
HOUSING MARKETS NOT WARRANTED: CHBA THE FEDERAL GOVERNMENT should refrain from
further intervention in the housing market by adjusting mortgage lending rules, according to the Canadian Home Builders’ Association. In his inaugural address at the recent 70th National Annual CHBA Conference in Lake Louise, Alta., Incoming President Deep Shergill of Calgary said that such intervention represents “a hammer” that impacts all housing markets, both those that are healthy and those yet to fully recover from the recession. Shergill, President of Prominent Homes Ltd. of Calgary, called on the government to be prepared to take remedial action if housing activity falls below demographic demand or if price stability is threatened. “It seems less than forthright to constrain consumers’ ability to buy a new home – a real asset, while allowing usurious credit card interest rates to bury many consumers in non-asset backed debt,” Shergill said. Working to maintain a stable financing environment would be one of seven priorities in his plan of action for the coming year, he said. The others are regulation, government-imposed costs, a skilled and productive workforce, land availability, market intelligence and investment in research and development. Canada Mortgage and Housing Corp. (CMHC) has played a central role in maintaining stability in mortgage markets since the financial meltdown of 2008, Shergill said. “We are extremely pleased that the federal government recognizes the corporation’s continued effectiveness.” The industry’s success in improving energy efficiency illustrates the benefits of collaboration with government in research and development. A CHBA analysis of the energy performance of an 22 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
Ottawa home built in 1975 compared with one built today shows a 66 per cent improvement. Comparing similar models of family cars over the same period showed a maximum improvement in energy efficiency of 16 per cent. Shergill said it’s time to roll back the chronic overregulation of the new-home building industry. Government-imposed costs are pushing house prices ever higher and must be rolled back and reduced, Shergill said. “So long as governments persist in confusing the effect of low interest rates with real housing affordability, they will fail to recognize the steady erosion of housing affordability.” The same pressures that add to the cost of a new home also inflate the value of existing homes, with no valueadded. As a result there is a multiplier effect through the resale housing market every time a new charge, fee or levy is applied to new development. In some urban centres the relationship between house prices and household incomes has reached a crisis point. The growing underground economy is also a result of the rising tax burden on housing. In consultations on the federal government’s plan for long-term infrastructure, Shergill said the CHBA has pointed out that calls for new development to pay its own way deflect from the failure of politicians to invest in basic infrastructure over many decades. “What some call an infrastructure deficit should more correctly be recognized as a legacy of failed leadership. Requiring new development to pay for bad decisions in the past is unacceptable.” The CHBA hopes the next federal budget will outline a national plan for infrastructure investment that will give priority to housing affordability and choice.
pm w w w. m a n a r o l a h o m e s .c o m
Ap
on
-5
GR A ril W ND 20 E O & EK PE 21 s E N t N I no D NG
Surrey/langley
ONE BEDROOM STARTING FROM
$180, 500
(INCLUDE NET GST)
A dazzling collection of 51 condominium homes designed by award winning Creekside Architects. Lcoated in the delightful Fleetwood “Village” neighborhood… a vibrant, pedestrian friendly community with everything at your doorstep, excellent schools, proximity to great shopping, restaurants, major transportation routes and recreational facilities galore.
For more information:
Presentation Centre Address: #101, 8695 160th Street, Surrey Open daily from noon to 5pm (closed Fridays)
DEVELOPED BY:
FR AS ER
162 ST
or Visit our Website at www.manarolahomes.com
160 ST
88 AVE
604.825.1038
HW Y
The builder reserve the right to change floorplans, elevations, specifications and prices without notice. Square footage as noted are approximations of each individual unit. The purchaser is responsible for verification of the unit layout and square footages. All renderings, floorplans, models and maps are artist's conceptions and not intended to be an actual depiction of buildings or landscaping. Floorplans may vary. Ask a salesperson for details.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 23
SMART INVESTMENT. RESORT LIFESTYLE INCLUDED.
SFU CENTRAL CITY MALL HOLLA LLA AND PARK
SKYTRAIN STATION
FUTURE COMMERCIAL DEVELOPMENT
FUTURE RESIDENTIAL DEVELOPMENT
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250 Homes under $ 250,0 0 0
www.parkavenueliving.ca | Coming spring 2013 | 604.233.7748
Actual suite interiors, exteriors and views may be noticeably different than what is depicted in photographs and renderings. The developer reserves the right to make modifications, substitutions, change brands, sizes, colours, layouts, materials, ceiling heights, features, finishes and other specifications without prior notification. Such details are governed by the applicable offer to purchase and agreement of sale, and disclosure statement. This is not an offering for sale. Any such offering can only be made with the applicable offer to purchase and agreement of sale, and disclosure statement. E&OE. Concord Park Avenue Project Limited Partnership
-
Surrey/langley
Move in now. Homes from $149,900
For a limited time, in addition to receiving up to $10,000 from With change comes opportunity. Be a home part ofbuyer, the growth the BC Government as a first time your bi-weekly and rejuvenation of this new, urban downtown. Define a mortgage payments can also be as low as $291! neighbourhood and style of your own. Recognize the possibilities. Say For good to renting, andwe hello a home is truly your thebye month of March, areto offering anthat exciting new mortgage own. Convenient location, a stylish leading-edge home of your subsidy program that makes it easier than ever to own a home own, all at a price you can afford. Connect with your future, at Quattro3. Come and see us to learn all of the details of this with the unlimited potential of a changing area and a reinvented exciting opportunity. community. Connect with Quattro. *Subject to qualification. * Subject to qualification
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apr 19 - may 3, 2013 metro vancouver new Condo Guide 25
buyer profile
Reimagining Life
Brenda and Tony at Elements // by Susan M Boyce
PICTURED BELLOW
Brenda and Tony now share their home with a green-eyed beauty named Sasha
b
renda’s description of her new home at Elements in Langley is concise. “I love, love, love it.” From the beginning, Brenda says everything about their purchase simply fell into place. “Tony and I were actually in a different presentation centre when I ran into a girlfriend,” she says. “Susan had just come from Elements, and when she and her husband saw that showhome, she’d told him ‘this is just so Brenda.’ Naturally we had to look.” The couple drove there immediately. “I was standing in the kitchen, and I started to cry. I just said “Tony, I’m home.’ We spent about three hours there that day. By the time we left, we knew we could afford it and we could really see ourselves make the move from our three-storey, four-bedroom home.”
New Lease on Life Brenda and Tony officially moved into their new home on December 1st, and immediately began discovering new, unexpected joys in life. “When I married Tony 24 years ago, he could barely open a can of soup,” Brenda says with an affectionate laugh. “Now he’s an amazing cook. Last week, we hosted our first dinner — our guests arrived at six and didn’t leave till midnight. You should have seen what he made — stuffed mushroom caps, roasted vegetables, tenderloin wrapped in bacon. And get this, he even went out and bought the cups and torch so he could make crème brûlée from scratch.” Their décor, too, has been transformed. Drawing from her past experience in interior design, Brenda created a dazzling grey-on-grey palette with purple accents. She had a custom couch made, bought a glass and metal dining room table, and immediately hung her treasured paintings. “We’ve become much less materialistic and gave away a lot of things that were too big,” she adds. “For example, one of our couches went to a battered mom who was starting over and had nothing, so it was a good feeling for us too. And now I decorate with one or two vases instead of eight.” New Family The couple have a new family member too. “Tony didn’t want me staying home alone while he was at work, so we decided to get a cat since I can’t walk a dog because of my fibromyalgia. I’d never had a cat, but I told Tony I wanted a black cat with green eyes that I’d call Sasha.” At an animal shelter in Abbotsford, she found a green-eyed, black cat named Willow. “When I asked if I could change her name, the woman told me I was looking at the wrong documents, and her name actually was already Sasha. Things like that don’t happen for no reason. Living at Elements was just meant to be.” Elements is found at elementsinlangley.com with presentation centre at 20211 – 66th Ave. in Langley.
26 metro vancouver new Condo Guide apr 19 - may 3, 2013
026 Buyer Profile-brenda and tony at elements.indd 26
4/16/13 4:30:29 PM
Surrey/langley
LIMITED TIME OFFER ENDS APRIL 28,2013! ASK US HOW!
OWN 1 BED FROM $599 OWN 2 BED FROM $850
MONTH*
MONTH*
Happiness is Varsity from $599/month *
Langley’s Best Features Granite Window Sills • Closet Organizers Stainless Steel Gas Range • Gas Barbecue Hook Up • Granite Counters Soft Close Cabinets • Stainless Steel French Door Fridge • And Much More!
LIVEatVARSITY.COM 604.539.2200 PRESENTATION CENTRE 20060 Fraser Highway Langley Open 12-5pm daily (closed Fridays) or by appointment
*Monthly payments are based on the Varsity Mortage Subsidy Program, see Sales Staff for details. Developer reserves the right to change the information herein. E.&O.E.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 27
SE LL IN G ! N O W
CONDOS
137,500
$
STARTING FROM
ONE’S
TWO’S
FROM
165,900
$
FROM
BEST VALUE
IN TOW
N!
239,900
$
NEW PLANS AND NEW FINISHING!
THE QUALITY DIFFERENCE: UN-BEATABLE SOUNDPROOFING! • • • • •
EXTRA LOW STRATA FEES
One foot separation between floors Batt (sound) insulation Air space to reduce sound Two walls between homes Concrete sub-floors
VISIT OUR BOUTIQUE PRESENTATION CENTRE 8312 208 STREET, LANGLEY Open Mon-Thurs 2PM - 7PM | Sat-Sun 12PM - 5PM 604.882.8857 | info@athenrygate.com | www.athenrygate.com
FOR
4 YEARS!
Marketed by Solon Bucholtz 778-995-7467
Surrey/langley
SALES CENTRE OPENS AT NOON
Saturday, April 20, 2013!
Visit our fully furnished 2 Bed, 2 Bath + Den display suite.
1 Bedroom, 1+Den, 2 Bedroom, 2+Den 660 - 1360 sq.ft. Condominiums Welcome to Kensington – a beautiful collection of condominium homes that places you at the centre of the vibrant community of Willoughby Town Centre at 208th St/80th Ave. Langley’s first walkable retail and residential community is underway with many shops and services to come, including Your Independent Grocer, now open! Come together in the heart of Willoughby.
KENSINGTON PRESENTATION CENTRE
Open Daily Noon - 5pm starting April 20 C-110 20678 Willoughby Town Centre Drive Langley, BC
80th Ave.
Willoughby Town Centre
@WilloughbyLife | Willoughby Town Centre
208th St.
liveatkensington.ca
Priced from $199,900
DEVELOPED BY
Kensington is not currently an offering for sale. E.&O.E.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 29
meTRo VANCouVeR eDITIoN | FREE
April - MAy A Ay 2013 Volume 12 Issue 02
Good taste, bad taste:
designer Mila Djuras
has the low down
plus!
VANCOUVER’S EXCITING FREE MONTHLY HOME DESIGN MAGAZINE Featuring the newest products and hottest design trends for your home, inside and out.
604.519.6080 NewCondoGuide.com
hot spRing trends
Glass World The lATesT in BAThrooM design inspirATion
APR-MAY ISSUE on stands now!
Surrey/langley
SPRING INTO
sAVInGs 1 bedrooms from
$491/month* 1+ dens from
$549/month* 2 bedrooms from
$655/month* EvErything you want anD MovE in thiS JuLy! • Nine-foot ceilings • Side-by-side fridge with water & ice
The #1 selling development in Langley. MARCON makes smart living easy. Isn’t it time you made the smart choice? Visit our Sales Centre today.
Sales Centre and three fully-furnished Display Homes Open daily (closed Friday) from 12 to 5 pm. 56th & 210A St, Langley
• Soft-close cabinets • Huge patio or fenced yard • Floating fireplace • Parking & storage locker
604.534.6000 cornerstoneliving.ca
*Regular payments based on 5% down not including applicable taxes for a 5 year fixed 90 day rate hold special mortgage at 2.89% with a 25 year amortization and takes into account insurance premiums for fully income qualified Buyer. Mortgage Subsidy Payment amount is for a 1 year period. Contact Sales Team for further details. Prices and offering subject to change and exclusive of GST & PST. E.&O.E.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 31
OUTLINE GRAPHIC DESIGN • 604.685.7053 Publication: New Condo Guide
10
176TH ST
184TH ST
176TH ST
184TH ST
168TH ST
152ND ST
y King George Hw
SOUTH SURREY | WHITE ROCK
40TH AVE SERPENTINE FEN NATURE RESERVE
CR
CRESCENT BEACH / BLACKIE SPIT
E
E SC
NT
99a
RD
5
99
32ND AVE
SUNNYSIDE ACRES URBAN FOREST PARK
CRESCENT PARK
24TH AVE
1
Ki
24TH AVE
164TH ST
26TH AVE
24TH AVE
ng 168TH ST
16TH AVE 160TH ST
148TH ST
152ND ST
140TH ST
128TH ST
3
6
MA R
y
2
4
Hw
16TH AVE
ge
16TH AVE
or
20TH AVE
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SOUTH SURREY ATHLETIC PARK
INE
DR
15 10TH AVE 8TH AVE
SOUTH SURREY / WHITE ROCK 1.
MORGAN CROSSING
24th Ave & Hwy 99 604.582.1336
2.
ROYCE
Thrift & Everall 604.538.8028
3. 4.
GEMINI
5.
EDGEWATER
ADAGIO
6.
WINTER STREET BY LISTRAOR HOMES
15310-17A Ave 604.536.1663 20th Ave. & 154th St. 604.531.6659
32 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
152nd & 36 Ave. 604.818.5603
1333 Winter St. 604.364.7455
8TH AVE
south surrey/white rock
TA K E T I M E T O C O N N E C T WITH EACHOTHER
50 EXCLUSIVE CONDOMINIUM
H O M E S S T A R T I N G F R O M $ 2 8 8, 8 0 0
Now Selling
THIS IS YOUR TIME B U I LT W I T H T H E D E S I G N A N D C R A F T S M A N S H I P O N LY HOMES BY BOFFO CAN ACHIEVE. WE’VE BEEN OBSESSING O V E R T H E D E TA I L S F O R M O R E T H A N 4 0 Y E A R S, S O R E L A X A N D ENJOY YOUR NEW HOME.
HOMES
UP TO 3 -BRM & 3 -BAT H 71 7 –1,30 7 sqft.
604.531.6659 A d a g i o B y B o f f o.c a VISIT US TODAY PRESENTATION CENTRE & DISPLAY SUITE 1975 15 4TH STREET (@ 20TH AVENUE) SOUTH SURREY (SEMIAHMOO) OPEN DAILY 12 – 5PM (EXCEPT FRIDAYS)
IAN WATTS 604.531.4000
THIS IS NOT AN OFFERING FOR SALE. SUCH AN OFFERING CAN ONLY BE MADE BY A DISCLOSURE STATEMENT. E&OE.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 33
SOUTH SURREY/WHITE ROCK
34 metro vancouver new Condo Guide apr 19 - may 3, 2013
SOUTH SURREY/WHITE ROCK
5 River View Homes Remain.
Only 2 Homes Remain to Move-in this Summer.
With the freedom of a lock and go lifestyle you can upsize your life. Come home to a luxurious and inspiring home in South Surrey, a perfect compliment to the spectacular resort-like setting.
E
EDGEWATER
UPSIZE YOUR LIFE WITH... 11 Acres of Greenspace
Billiards & Fitness Studio
Lock & Go Lifestyle
Spacious Floorplans
Rooftop Patio & Lounge
Workshop & More!
The best for last - River’s Edge, Creekside and Courtyard homes are almost gone. Call to book your exclusive viewing today. SOLD OUT 1,055 sq ft from $448,900
2 Bed & Den
1,046 sq ft from $424,900
BY APPOINTMENT ONLY CALL 604.818.5603
Nic
kl
er Riv
152 st
2 Bed
edgewaterliving.com om e
1 & 1 Bed + Dens
36 ave SOUTH SURREY
Prices and promotions subject to change without notice. Prices quoted exclude taxes. Don’t miss out! Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca E.&O.E.
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 35
condo profile
Royce The best of coastal living // By Susan M Boyce
stove could handle the most demanding family dinners and that the piano-shaped centre island with eating bar adds an element of visual drama… as well as even more storage. “In this home, we’ve also built in an optional, built-in butler’s pantry with wine fridge so people can see a contemporary alternative to the conventional china hutch niche,” Sal says. “It gives a very fresh, clean look, and you’d be amazed how ecstatic many people get at the thought of finally being able to get rid of their old furniture.” Savour Outdoor Living
“And take a look at this deck,” Sal says throwing open the door. Okay, this is one big outdoor space – two sofas, coffee table, mega barbecue, six potted plants, and it still feels spacious. “People here really value their outdoor space, so everyone gets a large, private deck to enjoy.” Bonus.
q
uick: think exquisite finishings, elegant design, and exclusive residences. Now put a name to it: Royce. And if you haven’t discovered this collection of White Rock condominium homes, you’re missing out on something amazing. Dazzling by Design
Stepping into the display suite is like entering a different world, a world of tranquility and graciousness. From the ocean view to the Swedish oak hardwood flooring to the fluid sense of connectivity throughout, this home is clearly designed to satisfy the most discerning purchaser. The kitchen is breathtaking. Open and oh-sosophisticated with full-height, marble backsplash, every detail considers the interaction between a passion for cooking and a love of entertaining. Classic white cabinetry is full-height – a feature Sales Manager Sal Bhullar points out not only means loads of storage, but less dusting as well. We immediately agree the six-burner, industrial-chic
“ People here really value their outdoor space, so everyone gets a large, private deck to enjoy.” Sal Bhullar
Even Royce’s architecture is a direct response to this love of natural beauty. The building wraps itself round a central, terraced courtyard forming a horseshoe that directs all views toward the Pacific Ocean. Horizontal cedar, vertical corrugated metal, and crystal clear glass create the impression of a modernist sculpture that’s somehow morphing organically from the ground. Outside, two women are simply staring at the presentation centre. “That looks fantastic,” one says. I can’t help myself. “Just wait till you see inside,” I tell her. “You’re going to have to redefine fantastic.” Royce’s groundbreaking takes place April 27 from noon to 4 p.m. with Mayor Baldwin officially kicking off the celebration at 2 p.m. Presentation gallery and display home now open noon to 5 p.m. daily except Fridays at 14855 Thrift Ave. in White Rock. Prices start at $332,300. For more information visit royceliving. com or call 604.538.8028.
36 metro vancouver new Condo Guide apr 19 - may 3, 2013
036 CP Royce.indd 36
4/16/13 4:30:33 PM
SOUTH SURREY/WHITE ROCK
GROUND BREAKING CELEBRATION SATURDAY APRIL 27TH NOON - 4PM CEREMONY WITH MAYOR WAYNE BALDWIN AT 2PM CALL 604.538.8028 TO RSVP An exclusive enclave of 1, 2 and 3 bedroom residences located in the coveted ocean-side community of White Rock, Royce offers panoramic views, superb amenities, and exceptional detailing around every corner. With spacious, single-level living, designer finishes and chef quality appliances, there’s room for everything but compromise!
Last Chance for Pre-Construction Pricing! 152ND ST.
EVERALL
OXFORD
N. BLUFF/16TH AVE.
THRIFT
Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca
Prices quoted are subject to change without notice and exclude applicable sales tax. E&OE.
STARTING FROM
$332,300
PRESENTATION GALLERY AT THRIFT & EVERALL
OPEN NOON - 5PM DAILY (EXCEPT FRIDAYS)
Call 604.538.8028
ROYCELIVING.COM APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 37
SOUTH SURREY/WHITE ROCK
38 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
SOUTH SURREY/WHITE ROCK
special spring pricing on select village condos! - your last opportunity to own in the morgan crossing village -
Live with over 60 shops, services, dining, amenities, & entertainment options at your doorstep! Your last opportunity to own in the coveted morgan Crossing village, take advantage of special spring pricing on remaining suites. Hurry, a handful of homes remain. viLLage BUiLding:
siZe (sF.) / TyPe:
2012 PriCe:
sPring 2013 PriCe:
yoUr savings:
main
888 / 2 BeD
$286,900
$269,900*
$17,000
Focus
922 / 2 BeD
$281,900
$269,900*
$12,000
Focus
947 / 2 BeD
$419,900
$311,900*
$108,000
Focus
972 / 2 BeD
$309,900
$294,900*
$15,000
point
977 / 2 BeD
$311,900
$295,900*
$16,000
point
986 / 2 BeD
$309,900
$295,900*
$14,000
main
1008 / 2 BeD
$329,900
$299,900*
$30,000
Morgan Crossing is Move-in-ready visit the real estate presentation centre Open Daily (except Fridays) noon - 5pm. 103-15775 Croydon Dr., South Surrey. Located next to Thrifty Foods.
DiSCOver viLLage LiFe aT mOrgan CrOSSing ... Fantastic restaurants and bistros at your doorstep! indulge at sammy J’s, Famoso pizzeria, and a new restaurant concept by vikram vij, my shanti, - all coming soon! leave your car behind to shop at winners, london Drugs, and trendy local boutiques. enjoy neighbourhood events like car shows and movie nights that happen along bustling main st. staying healthy made easy with thrifty Foods and steve nash sports club just steps away.
winner 2011 best multi-family low rise development
mOrganCrOSSing.Ca | 604.582.1336 DeveLOPeD BY *applies to select village units only plus applicable HST and subject to availability. Prices and specifications subject to change. This is not an offering for sale, such an offering can only be made by way of a disclosure statement. e.&O.e. Sales & marketing by
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 39
R IVE
KNIGHT ST
99 VANCOUVER INTERNATIONAL AIRPORT (YVR)
R DR
R i c h m o n d | D e lta | L a d n eDRr | T s a w w a s s e n NO 5 RD
WESTMINSTER HWY
NO 3 RD
RICHMOND NATURE PARK
Richmond Hwy
NO 6 RD
NO 5 RD
91
Westminster Hwy
RICHMOND NATURE PARK
GRANVILLE AVE
99
RICHMOND CENTRE
GRANVILLE AVE
R DR
CAMBIE RD
g
ALDERBRIDGE WAY
LANSDOWNE PARK MALL
NO 4 RD
A1
DR
CAMBIE RD
R IVE
CAMBIE RD
SHELL RD
R KE BA RU SS
A4
NO 6 RD
g
LANSDOWNE PARK MALL
NO 4 RD
RICHMOND CENTRE
Richmond
BRIDGEPORT RD GRANT MCCONACHIE WAY ALDERBRIDGE WAY
GARDEN CITY RD
NO 3 RD
R IV ER
WESTMINSTER HWY
GRANVILLE AVE
99
W AY
KE BA SS RU
SHELL RD
W AY R
CAMBIE RD
VANCOUVER INTERNATIONAL AIRPORT (YVR)
A3
BRIDGEPORT RD
A2
GARDEN CITY RD
GRANT MCCONACHIE WAY
KNIGHT ST
R IV ER
Richmond Hwy
91
Westminster Hwy
GRANVILLE AVE
99
BLUNDELL RD
RD Y WA
BOU N DARY BAY R EG IONAL PAR K
RD
RO 47TH AD
A AVE
W
ladner ARTH
53RD ST
41ST B ST
28TH AVE
4689 52nd Street 604.940.5533
17
28TH AVE
12TH AVE
56TH ST
6TH AVE
40 metro vancouver new Condo Guide apr 19 - may 3, 2013
se rR 62ND B ST
B ST
48TH AVE
53RD ST
OV E
B1. canu
www.riverparkplaceliving.ca 604.282.7838 Presentation Centre No 3 Rd and Bennet 604.278.3939
GR
56TH ST
W AY
A4. harmony
10111 River Drive 604.231.5900
BU
U R DR
A2. parc riviera
#101-8600 Park Road 604.270.2482
RI VE R62ND RD
RD R VE RI EL RD O N
Richmond
ER
R IV
U R DR
113 ST
AC H
ER
R IV
A3. river park
48TH AVE
W RD
17
41ST B ST
CE M ETE RY
72 AVE
A1. Saffron
17
ARTH
BE
RI VE R
N KSO
56 ST
53A ST
8A AVE SOUTH DE LTA PAR K
74 AVE
BU
B1
47TH A AVE
JAC
12 AVE
8A AVE
RD
55 ST
53A ST
52 ST
75A AVE
12 AVE
119A ST
75 AVE 115 ST
DR
d e lta
CHALM E R S PAR K
RE
DE LTA NATU R E R E S E RVE
O YM RR
DR
78B AVE
BA
IC A
MONROE DR
116 ST
N
118 ST
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112 ST
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ST
B EACH G ROVE GOLF C OU R S E
80 AVE
SA
NT A
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DEAS ISLAND REGIONAL PARK
G RAU E R PAR K
C OAST TSAW WAS S E N I N N
MACK I E PAR K
ENGLISH BLUFF RD
BL VD
SCOTT RD
E
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is Hw
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91
84 AVE
80 AVE
IR
55
TSAW WAS S E N GOLF CLU B
W
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AVE FINN 18 RD
ladner
ENGLISH BLUFF RD
112 ST
NO 3 RD
17
S P LAS H D OW N PAR K
DEAS ISLAND REGIONAL PARK
FINN RD
tsaw wa s s e n
56 ST
90 AVE
NORTH DE LTA PAR K
NO 3 RD
52 ST
116 ST
MONCTON ST
Fr a
ER R IV
RD
MONCTON ST
GARRY POINT PARK
96 AVE
GARRY POINT PARK
ive r
NO 6 RD
ive r se rR
NO 5 RD
Steveston Hwy
Steveston Hwy Steveston Hwy
ER R IV
Fr a
Steveston Hwy
SOUTH ARM PARK
NO 4 RD
WILLIAMS RD
NO 5 RD
NO 3 RD
GILBERT RD
FRANCIS RD
NO 2 RD
RAILWAY AVE
SOUTH ARM PARK
NO 4 RD
NO 1 RD
WILLIAMS RD
NO 3 RD
GILBERT RD
RD FRANCIS FRANCIS RD
NO 2 RD
NO 1 RD
RAILWAY AVE
FRANCIS RD
NO 6 RD
BLUNDELL RD
4TH AVE
1ST AVE
RN
SD
R
RN
SD
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RICHMOND/DELTA/LADNER/TSAWWASSEN
Richmond Waterfront Townhomes & Condos From $269,000 CONDOS FROM $386/SF
TOWNHOMES FROM $369/SF 20 ACRE MASTER PLANNED COMMUNITY 5 ACRES OF PARK SPACE READY TO MOVE IN FALL 2013!
VIEWS TO THE NORTH SHORE MOUNTAINS WATERFRONT LOCATION 4,000+ FEET OF RIVERFRONT TRAILS
CALL US TODAY TO TAKE ADVANTAGE OF DEVELOPER’S NEW YEAR SPECIALS – SAVE THOUSANDS 10111 River Dr., Richmond (Between Shell & No. 4 Rd.) Open Noon – 5pm Daily Except Friday
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 41
condo profile
Harmony
Live in perfect balance // By Susan M Boyce
b
alance: a state of equilibrium or equipoise. When it comes to the place you choose to call home, balance is a fundamental component of living well rather than simply existing, which is why Harmony in Richmond is already turning heads and capturing hearts. Style and Location
“Harmony is simply the best concrete value in Richmond,” says Chris Colbeck, Townline’s vice president of sales and marketing. “It’s not about hype, it’s about a combination of thoughtful details, high-end finishings, and a great price point. Things like a stone threshold at the entry to your home; an actual built-in work/ computer station with stone surface; oversized kitchens that include pantry, pot drawers, quartz counters with a waterfall gable; and recessed pot lighting are all details many homeowners put in after market – so we’ve made them standard. We’re also the only tower where you get a five and a half ft. soaker tub.” Then there’s location. “Harmony’s central location is absolutely ideal,” Chris says. “You’re just steps to everything that’s great about downtown Richmond – shops including
Richmond Centre, restaurants, the Canada Line – but you’re still off the airport flight paths and away from the congestion and noise of No. 3 Rd. You can walk to Brighouse Park or the Garden City Community Centre, and for families there are three elementary schools and two high schools less than 10 minutes away.” And that’s not counting Kwantlen University where lifelong learners can flex some mental muscles. Harmony will even have a concierge to take care of details like receiving packages or making theatre reservations. Experience outdoor living
Need yet another enticement? How about a private, 15,000-sq.-ft. park on the third-level podium? Here’s where you’ll find pathways meandering through the greenery, a Zen garden, even a separate doggie walk. And on rainy days you can simply hang out in the fireside lounge or work up a sweat in the fully equipped gym. After all, choice is good. Great incentive
Harmony prices start at an amazing $288,800 for a one-bedroom and workstation home, but for those who act soon, there’s another piece of good news. “The first 30 buyers will be eligible to save up to $26,690 on the purchase price,” Chris says. “But you’re going to have to register to find out more details.” Harmony offers a total of 119 condominium homes located at 8288 Granville Ave. in Richmond. Sales centre open noon to 6 p.m. Public opening event on April 27th at noon at 7180 No. 3 Rd. (at Bennett). For more information visit harmonyrichmond.com or call 604.278.3939. 42 metro vancouver new Condo Guide apr 19 - may 3, 2013
042 CP Harmony.indd 42
4/16/13 4:30:36 PM
RICHMOND/DELTA/LADNER/TSAWWASSEN
LIVE IN PERFECT BALANCE
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 43
condo watch The Gem: Vancouver On the Street: Fraser St. at 18th Ave. Presentation Centre: 3333 Fraser St. On the Web: liveatthegem.com Info: 604.728.7606
Saltaire: White Rock
Highlights: Now under construction, Saltaire is a new collection of residences in the heart of White Rock. Brought to you by Ledingham McAllister, these homes are ideally located in the Uptown neighbourhood near shopping, restaurants, and the Coast Capital Playhouse Theatre, this is an exceptional opportunity to live the active, outdoor-oriented White Rock lifestyle. Just minutes from the dynamic White Rock Promenade too. Visit the website to priority register so you’re in the loop for when Sailtaire’s presentation centre opens.
Highlights: Located on Fraser St. at 18th Ave. (between Kingsway and King Edward), The Gem offers 14 one- and two-bedroom apartment homes affordably priced from$348,888. Excellent proximity to shopping, public transport, and the downtown core makes this area particularly desirable to professional singles and young families. Be part of this emerging hotspot for people looking to enjoy urban lifestyle with a semi-suburban flavor. Nearby amenities include Charles Tupper Secondary School, Mount St. Josephs Hospital, Riley Park Community Centre, two libraries, and SkyTrain. Presentation centre now open.
Charland: Coquitlam
The Station: Port Moody
On the Street: Blue Mountain and Austin Ave.
On the Street: 2732 St. John
On the Web: ledmac.com/charland
On the Web: aragon.ca
A new eye-catching, four-storey condo community is coming to Coquitlam. Although this development is still in the planning stage, you can priority register online to ensure you get information as soon as it’s released. Keep your eye on this column too, and we’ll bring you more as we find out details.
Highlights: Priority register now for these 106 condos and select townhomes located just a block from the West Coast Express Port Moody Station. Savour spectacular views of the North Shore Mountains and the Burrard Inlet from your living room or balcony. Indulge your inner chef in your gourmet kitchen with GE Cafe stainless steel appliances and quartz countertops. Sleek, contemporary interiors with hardwood flooring. Geothermal heating and cooling system. More than half these homes are priced below $350,000.
On the Street: 152nd St and Thrift On the Web: ledmac.com/saltaire
Condo market watch Condominium homes to keep your eye on
The Prescott: Central Lonsdale On the Web: theprescott.ca
Highlights:
On the Street: Lonsdale at 13th Ave.
Harmony: Richmond
Presentation Centre:
On the Street: 8288 Granville Rd.
101 – 1133 Lonsdale Info: 604.969.3333 Highlights: Better hurry if you want to snag one of the final homes at this North Vancouver residential tower. Expansive outdoor spaces, upscale interior detailing and features, plus open floorplans that maximize natural light. You’ll also have a chance to purchase one of the just released 13th and 14th floor homes. Bonus: six of the seven suites on each floor boast panoramic views across the water to downtown Vancouver.
Presentation centre:
7180 No. 3 Rd. (at Bennett). On the Web: harmonyrichmond.com Info: 604.278.3939 Highlights: Now offering previews, Harmony is ideally located close to the city amenities of Central Richmond yet with a peaceful setting. Walking distance to shops, restaurants, cultural venues, and transit yet far from traffic and congestion. Bonus: first 30 buyers will be eligible to save up to $26,690 on the purchase price.
Tell Us Your News Got a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop us a note at susan@suntrackercafe.com, and we’ll do our best to get it in the next edition.
44 metro vancouver new Condo Guide apr 19 - may 3, 2013
044 Condo Market Watch April 19.indd 44
4/16/13 4:30:41 PM
NEW HOME GUIDE
■ ■ ■ ■ BLACK ■ ■ ■ ■ MAGENTA
■ ■ ■ ■ CYAN ■ ■ ■ ■ YELLOW
RICHMOND/DELTA/LADNER/TSAWWASSEN
Grand openinG!
LAST CHANCE TO OWN
STEVESTON WATERFRONT
The latest addition to Steveston’s iconic waterfront, The Pier promises a rich and luxurious lifestyle on the water’s edge. Set above street-level retail, The Pier at London Landing is a collection of 76 beautiful, high-end condominiums overlooking a vibrant pedestrian-friendly plaza, a public waterfront park, lush riverside walkways, and an array of shopping options. Boasting incredible views and easy access to both Steveston Village and urban amenities, these premium view condos and penthouse units won’t be available for long.
presentation Centre 12235 No.1 Rd, Steveston Call: 604.274.7326
SALES AND MARKETING BY
From a group that has chosen an enviable location and elevated it!
Mon to Thurs: 2–5pm Sat & Sun: Noon–4pm
thepierlifestyle.com
This is not an offering for sale. E.&O.E.
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 45
CLIENT: Steveston Real Estate - The Pier FILE NAME: ThePier_NHG_GO_FullPg_March22.indd
ISSUE DATE: April 12 2013 AD SIZE: 7.25” w x 9” h PUB: New Home Guide
va n c o u v e r | d o w n t o w n va n c o u v e r
19 E HASTINGS ST
SW
MA
RIN
ED
R
COMMERCIAL DR
4
E 1ST AVE
E BROADWAY
E BROADWAY
W 12TH AVE KI
12
NG
E 12TH AVE
SW AY
E KING EDWARD AVE
QUEEN ELIZABETH PARK
E 33RD AVE
E 29TH AVE
W 41ST AVE
3
E 41ST AVE
OAK ST
W 57TH AVE
MAIN ST
W 49TH AVE
E 49TH AVE
13 RI
W 70TH AVE
SW
MA
N
R ED
SE MARIN E
1. THE residences at west
8. radius
15. keefer block
2. Kits360
9. the westerly
16. alba
195 West 2nd Ave 604.707.9378
1777 West 7th Ave 604.737.0360
3. wall centre central park Boundry Road & Kingsway 604.874.9232
4. collection 45 Main Street & 8th 604.569.1555
5. opsal
2nd & Quebec Street 604.876.7332
6. academy
5696 Berton Ave. 604.228.8895
7. sail
108 - 3479 Westbrook 604.221.8878
46 metro vancouver new Condo Guide apr 19 - may 3, 2013
4th Ave. & Fir 604.731.5522 3496 W Broadway (at Collingwood) 604.558.3399
10. meccanica First & Quebec 604.876.8819
Keefer St & Main St 604.682.8813 2642 E Hastings 604.251.2522
17. rolston
Presentation Centre: 140 - 1265 Granville Street 604.688.8927
11. Modern
18. shine
12. bluetree homes on main street
19. lido
1305 Burrand St. amacon.com
King Edward & Main 604.877.1116
13. mc2
Cambie & Marine 604.638.9998
14. maddox
Howe & Drake 604.669.8200
289 East 6th Avenue 604.261.3936 Presentation Centre 830 Hastings 604.872.2672
DR
BOUNDARY RD
W KING EDWARD AVE
PACIFIC SPIRIT PARK
AVE
VICTORIA DR
6
18
DUNBAR ST
L AL
7
W 16TH AVE
W 6TH AVE W BROADWAY
INAL
18
KNIGHT ST
KM
6T
W1
2 W BROADWAY
8
TE R M
10
5
MAIN ST
OO
VE HA
9
1
CAMBIE ST
W 10TH AVE
CORNWALL AVE
OAK ST
ALMA ST
W 4TH AVE
REY RD
BURRARD ST
POINT G
VENABLES ST
15
GRANVILLE ST
JERICHO BEACH PARK
LVD
BR ST WE
UBC
11 17 14
E DR
LLOR B
ARBUTUS ST
NCE
MCDONALD ST
AR IN
CHA
16
RENFREW ST
BURRARD INLET NW M
Vancouver
20 ! N N HA MAI T SS R E LE E S THE BEST APPLIANCES: M BLANCO MICRO EDGE DOUBLE SINK O H
THE BEST JEWELLERY: 18 KARAT GOLD
ACTUAL KITCHEN, KITS360
OUR BUYERS LIKE NICE THINGS M I E L E G A S C O O K TO P, E L E C T R I C OV E N, A N D FA M I LY- S I Z E D R E F R I G E R ATO R B L A N C O M I C R O E D G E OV E R S I Z E D S I N K 路 W I D E P L A N K F LO O R I N G
MOVE IN THIS SUMMER 2013 604.737.0360 KITS360.COM ACTUAL EAST VIEW FROM THE 10TH LEVEL
ONE BEDS FROM $379,900 路 TWO BEDS FROM $599,900 PRESENTATION CENTRE 1705 BURRARD AT WEST 1ST 路 OPEN DAILY 12-5PM, CLOSED FRIDAYS Developer reserves the right to make changes and modifications to the content contained herein without prior notice. E.&O.E.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 47
NOW SELLING
E 20th Ave
E 21st Ave
E 22nd Ave
Main Street
1 & 2 BED APARTMENTS
hi ot dl mi an
e av Insertion:
E 26
E 27t
E 28
E 29th Ave Aubrey Pl
St. George St
Prince Edward St
y wa
E 28TH AVE open daily 12 – 5 Home Store (Closed Friday) 4118 Main St., Vancouver E 29th Ave 604-877-1116 Walden St
e ik
Hillcrest Community Centre
Bluetree Home Store
Balkan St
E 27TH AVE
main st
E 26TH AVE
W 29th Avenu eB
See more at bluetreehomes.ca
E
e king edward ave
From $339,900
Prices are subject to change without notice. GST not included. E.&O.E.
E 23RD AVE E 24TH AVE
Boutique building in the heart of Mid Main. Restaurants, cafés, shopping at your doorstep. Heritage inspired architecture, modern finishes, private decks, 1 or 2 parking included.
Main Street ad for New Condo Guide
PRINCE EDWARD ST
SOPHIA ST
on main street
QUEBEC ST
ONTARIO ST
R E OV
% 5 3
D L SO
E 29
VANCOUVER
PRESENTATION GALLERY OPEN BY APPOINTMENT ONLY
604.219.8922
A Limited Collection of 45 Signature Homes Located off Main & 8th
COLLECTION45.COM
Starting at $288,000 Own with just 5% Down* Don’t miss your chance to own a home in Vancouver’s most innovatively designed building with breathtaking views of the City!
ACTUAL VIEW FROM 3RD FLOOR
Collection 45 is proud to be a 2012 Georgie Award winner. Home ownership is easier than you think! Ask us how you can own a prestigious Collection 45 home with just 5% down* today!
Move-in Oct 2013 Construction well underway! www.fifthave.ca Sales and marketing provided by Fifth Avenue Real Estate Marketing Prices and incentives are subject to change without prior notice. Prices quoted exclude HST. Own with 5% down applies to an initial payment of 5% and the balance of the deposit paid in equal installments over 5 months. See sales representative for details. E.&O.E.
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 49
Vancouver
50 metro vancouver new Condo Guide apr 19 - may 3, 2013
VANCOUVER
N
WEST BROADWAY WEST 10TH AVE
COLLINGWOOD ST
ALMA ST
WEST 4TH AVE
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 51
now selling
Design is not for exPlaining. it’s for living.
MAIN ST
meccanicabycressey.com
EAST 1ST AVE
Pricing subject to change without notice. e.&o.e. QUEBEC ST
604.876.8819
EAST 1ST AVE
MAIN ST
Showroom and 2 Designer Showsuites 104 East 1st Ave, Vancouver Open Daily 12 – 5 PM (Closed Friday).
QUEBEC ST
Integrated European appliances, efficient floorplans and Cressey’s focus on every design detail make Meccanica a true standout home. Come experience the difference for yourself. Homes starting from $329,900.
Vancouver
One colour : Black + Screen
40% Black
Black
Two colour : Black + 305
Pantone 305
Black
Two colour reverse : White + 305
Pantone 305
White
apr 19 - may 3, 2013 metro vancouver new Condo Guide 53
One colour reverse : White
VI
OR CT
IA
DR
CEDAR DR
VICTORIA DR
DOMINION AVE
224TH ST
DEWDNEY TRUNK RD
Lo
ug
he
ed
210TH ST
DEWDNEY TRUNK RD
Hw
216TH ST
y M EADOW GARDENS
124TH AVE
232RD ST
228TH ST
DEWDNEY TRUNK RD
1 240TH ST
PITT M EADOWS
S BONSON RD
207TH ST
AIRPORT
R IVE
R RD 116TH
248TH ST
2 3
HAMMOND RD
227TH ST
4
DEWDNEY TRUNK RD
224TH ST
123RD AVE 203RD ST
FORD RD
HARRIS RD
GOLF COURSE
HARRIS RD
AVE
D E R BY R EACH R E G I O N A L PA R K
A KA KAN
WAY
110TH AVE 108TH AVE GOLDEN EARS BRIDGE
y
Hw
104TH AVE
102TH AVE
MAPLE RIDGE 1. falcon centre 11862 226th Street 604.477.1500
2. edge on edge 12075 Edge Street 604.466.8783
3. parc vue
22245 Lougheed Hwy. 604.467.8884
4. 223 north
#101 - 22318 Lougheed Hwy. 604.463.0588
54 metro vancouver new Condo Guide apr 19 - may 3, 2013
JAC KS O
ed
ghe
Lou
N
DR MACLU RE
240TH ST
OTTAWA ST
Pitt Meadows | Maple Ridge
5255 Edge HomeBuyers Ad Apr11 #2_Layout 1 4/11/13 2:35 PM Page 1
Pitt Meadows/Maple Ridge
The Place to Live for Lifestyle 40 Homes from $149,900 to $198,900 Did you know that Maple Ridge is the #5 Top Canadian Investment City 2010 - 2015 and The Place to Live for Lifestyle?* The key reasons: accessibility, affordability and lifestyle. Located right in the city centre, you can walk to over 700 shops and services. Need to get to downtown Vancouver fast? You're there in 55 minutes or less thanks to three new bridges – or you can hop on the West Coast Express. Choose between studio, one and two bedroom homes – it's the best move you'll make.
Edge – an address with a view to the future.
*According to the Real Estate Investment Network (REIN)
NOW SELLING
www.EdgeOnEdge.com
DevelopeD by
Sales Centre & Display Suites now open • 12075 Edge Street, Maple Ridge
apr 19 - may 3, 2013 metro vancouver new Condo Guide 55
BUYING AND SELLING
FIRST-TIME HOMEBUYERS SHOWING THEIR RATIONAL SIDE Genworth Canada releases
results of homeownership study ACCORDING TO A NATIONAL SURVEY conducted by Genworth Financial Mortgage Insurance Company Canada (Genworth Canada), first-time homebuyers are adjusting to the new mortgage requirements and making informed choices about homeownership. The annual poll, completed in conjunction with the Canadian Association of Credit Counselling Services (CACCS), asked 1,514 Canadians questions about their financial well-being and preparedness. The 2013 survey revealed that there was a significant rise in the number of recent first-time buyers who say they put down more than 20 per cent on their homes (56 per cent
Among first-time homebuyers, the proportion saving for less than two years has decreased by nearly 30 per cent, while the proportion saving for more than five years rose by more than 50 per cent.
vs. 36 per cent in the 2012 survey). In fact, the number of people that said it is getting harder to save for that down payment is on the decline (50 per cent vs. 55 per cent in 2012) with more first-time buyers finding it easier to save money nine per cent, up from five per cent in 2012). In addition, only 17 per cent of respondents thought it was a good time to buy, suggesting that low interest rates alone are not enough to entice Canadians to purchase a home. “Canadians entering the real estate market are making financially astute choices by saving longer and putting down larger deposits on their homes,” said Brian Hurley, Chairman and CEO of Genworth Canada. “They continue to value homeownership and are being responsible about the way they enter into mortgage debt. This trend bodes well for a soft-landing of the housing market.” Among first-time homebuyers, the proportion saving for less than two years has decreased by nearly 30 per cent, while the proportion saving for more than five years rose by more than 50 per cent. This appears to indicate that fewer first-time homebuyers feel a sense of urgency about entering the real estate market, which is consistent with the fact that fewer expect house prices to rise in the next twelve months. “There is still a strong need for Canadians to have a better grasp on their financial situation,” said Henrietta Ross, CEO of CACCS. “More than 40 per cent don’t think their credit rating reflects them or don’t know what their credit rating is. Counselling could help ensure they are financially prepared to enter and maintain substantial investments, such as homeownership.” The interviews were conducted by Environics Research Group using an
56
056-057 1.5p buying and selling-first time homeownership study.indd 56
4/16/13 4:30:44 PM
quick tips
take tiMe for yourseLf
online methodology during the week of February 11-19, 2013. Genworth MI Canada Inc. (TSX: MIC) through its subsidiary, Genworth Financial Mortgage Insurance Company Canada (Genworth Canada), is the largest private residential mortgage Live in the moment Weinhave become society of multi-taskers, but default throughout the month. Call your creditors and insurer Canada. Thea Company provides mortgage in an effort to be more efficient, we have robbed ourselves of thelenders, pure making change the due dates on your monthly bills so they insurance to Canadian residential mortgage pleasure that comes from performing simple tasks. Next time you fall on the same day. homeownership more accessible to first-time homebuyers. wash dishes, fold laundry or set the table, focus onlyitself on the task atsuperior customer create kits to make life easier Items that are Genworth Canada differentiates through hand. Engage yourservice, senses. aNotice fresh smell of clean laundry,and theinnovative used together should be stored together. Imagine robustthe risk management framework rainbow colours inprocessing the soap bubbles, and the a table set with how much easier it will be to wrap gifts when your technology. Forbeauty almostoftwo decades, Genworth care. You’ll feel lessCanada frazzledhas and more peaceful. gift bags, cards, scissors, bows, tape CACCS and pensisare all Financial Counsellors, also supported the housing market by providing thought Let go of the “shoulds” timeon you yourself thinking of thestored together. committed to national research and leadershipThe andnext a focus thecatch safety and soundness “I should...” or “I have to...” find a way system. to makeAs theattask more enjoyable policy initiatives concerning personal mortgage finance December 31, 2012, Genworth and replace the “should” with “want to”assets or “could.” Re-framing finance and industry advocacy. Canada had“like $5.7to,” billion total and $3.0 billion shareholders’ Hellen Buttigieg is a certified your thoughts putsequity. you inFind control are doing the task out of outbecause more at you www.genworth.ca. professional organizer, life coach, TV desire, not criticism. The Canadian Association of Credit Counselling Services To find ahost, certified Counsellor owner ofCredit We Organize U and author of the best-seller, Organizing tie up loose ends Devoterepresents one hour aaweek to tying up loose ends. and qualified Financial Coach at an (CACCS) Canada-wide network of accredited, Outside The Box, available on Amazon. These little “to-dos”not-for-profit take little time to complete and yet,offering left undone, accredited Member Agency, call theyour agencies and affiliates preventative For tips on organizing your home, and referral your life, visit WeOrganizeU. eat away at you. education and confidential services to clients experiencing CACCSoffice central service at com and sign up for the free newsletter. Make bill payingfinancial easier difficulties. Paying bills With can bea time and 1.800.263.0260 visit email www.caccs.ca focusconsuming on financial counselling To contactor Hellen, info@ hard to keep track education, of, especially if they are due at various times for moreWeOrganizeU.com information. accreditation of agencies and certification of
5 - 19, aprapril 19 - may 3, 2013 Metro metro vancouver new condo Condo Guide 77 57
077 HALF-Hellen-Quicktips-take time for yourself-JD.indd 77
4/2/13 4:37:51 PM
Bu r naby | N e w We s tm i n s te r New Westminster
BARNET MARINE PARK
EYS TON
ED
GA GL
R
AR
SQUINT LAKE PARK
A3
U
DI
RD
ROYAL OAK AVE
WILLINGDON AVE
RI DE
NELSON AVE
CB
ROYAL OAK AVE
M
ST
BOUNDARY RD
A4. Vantage
QUEEN’S PARK
E AV L B3 YA RO
B1
ST
EN
E AV
EW
AY TW
1902 Rosser Ave. 604.294.3339
A5. montage
Site Location Gamma Ave. & Hastings St. liveatburnabyheights.com
A6. Reflections
ST
H
O
EN
A2. highland house
E AV
DUNCAN ST
E WAY YD BO
BRAID ST
E AV
E ST
RW
Site Location Madison Ave. & Hastings St. liveatburnabyheights.com
DS
AY NW
DE
A1. madison
DR R WA
R
H 8T
ST
S
D
E AV
H
PATTERSON AVE
6th & Royal Ave. 604.525.8980
D
GILLEY AVE
BOUNDARY RD
AN
E AV 8T
TH
FI
E
Burnaby
University High Street 604.320.3386
B3. dominion
6T
IF
IN
E AV H
M
AR
RL
AY W
H 8T
T B2 6
SOUTHRIDGE DR
DR
BE
1
B1
TH 10
TH 10
M
RI
E AV
CU
PE
H 6T
A6
MAR IN
A7
Belmont & 6th Ave 604.522.2583
LOUGHEED MALL
A AD
IM
AL
ST
IMPERIAL ST
MARIN E WA Y
A3. lift
AY IW
BURNABY LAKE REGIONAL PARK
N CA
D ST
IMPERIAL ST
University Crescent & Highland Court 778.331.0348
B2. viceroy
DEER LAKE
DEER LAKE PARK
MAR IN E
E
AD AW AY
GR
SE MARINE DR
DR
18 Begbie Street 604.523.0081
AUSTIN AVE
CA N
KI NA8 GS WA METROTOWN Y
CENTRAL PARK
ITY
Lougheed Hwy
SPROTT ST
OAKL AN
49TH AVE
RS
A GL GA
BROADWAY
BCIT
E N IV
WA Y
BURNABY MOUNTAIN GOLF COURSE
A4
RD
GR
B1. northbank A10 A2
KE
W
SFU
CLIFF AVE
BRENTWOOD MALL
UN IVE RSITY DR
AR
SPERLING AVE
A9
A5 HOLDOM AVE
WILLINGDON AVE
A1 HASTINGS ST
Barnet Hwy
NORTH RD CL
INL ET D
R
CONFEDERATION PARK
BURNABY MOUNTAIN PARK
107 - 7090 Edmonds St. 604.525.8496
58 metro vancouver new Condo Guide apr 19 - may 3, 2013
Aug.17 2012
7.625”x1.625”
Ledingham McAllister
CMYK
CG Banner Ad Redesign
Legacy Sans
A7. bloom
Sales Centre 618 Langside Ave. 604.939.8808
A8. paddington mews 4927 Kingsway 604.438.9922
A9. aviara
1710 Gilmore Avenue 604.291.9130
A10. altitude
University High Street 604.456.8883
BURNABY/NEW WESTMINSTER
M
O
VE
IN
I TH
S
S
I PR
NG
SUITES STARTING FROM
$
220,900
NOW SELLING
HIGHER LIVING
AT UNIVERCITY UNIVE
RSI
TY
DR E
V UN I ER S I T YC
IVE
RES
UN
SIMON FRASER UNIVERSITY
RSI
TY
TO W E R R
Offering affordable studios and one bedroom suites next to world class education at SFU, Highland House is a great first home and a smart long-term investment.
OA
HIG
HS
TRE
ET
D
CONTACT US FOR MORE INFORMATION
LIBERTYHOMES.CA This is not an offering for sale. Any such offering may only be made with a disclosure statement. E.&O.E.
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 59
burnaby/new westminster
60 metro vancouver new Condo Guide apr 19 - may 3, 2013
burnaby/new westminster
62 metro vancouver new Condo Guide apr 19 - may 3, 2013
burnaby/new westminster
Water VieWs +
Parkside location +
2 blocks to skytrain + smart, comfortable homes
+ only 10% deposit. UNIT TYPE 05 1 BEDROOM 652 SF
so much, so central.
W/D
630 sq.ft. 1 bedroom* homes
priced from $266,900
DW
in historic neW Westminster. construction is underway.
P
604.523.0081 Presentation Centre at 18 BegBie
northbank.ca
*developer reserves the right to make changes to specifications and pricing without notice. Price not for home shown.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 63
stop paying your mortgage! we do it for you...for 2 years!
Tell your banker, your landlord, your friends, your mom.... ‘‘I’m buying at Elliot Street...because the developer pays the first 24 months mortgage payments, not me.’’ That’s 24 months of living mortgage free while the developer makes every one of your mortgage payments for you! This is a very limited time offer and due to the crazy response we expect from this you’d better go to our presentation center RIGHT NOW. Once we’ve done 26 deals, this offer is completely and 100% over (and, we aren’t kidding about that)!
Pa
Ro
ya
lA
llo
Si xt h St .
C
u ol
m
bi
a
St
n ro
.
tS
Br
idg
e
336 Columbia St, New Westminster Sales Centre open Noon to 5pm daily (closed Fridays)
604.524.8080
Sales Centre
F
Marketing/Sales by:
ttu
. ve
Developed by: t.
N
[FINE PRINT] Why are you spending time reading the fine print...it’s based on 15% down payment and the rest of the details are at the presentation center...get going NOW...E. and O. E. apply. Still reading? Listen, its simple, 24 months of free mortgage payments made by the developer, not you...now go ask the sales person on site to explain the rest!!!!!
burnaby/new westminster
apr 19 - may 3, 2013 metro vancouver new Condo Guide 65
LV D KW AY B
UB T EA PLA
COAST MERIDIAN RD
RIDGE PARK
ET R
EE
WA Y
NE
DR
Barnet Hwy
ST JOHNS ST
V
VICTORIA DR
A2 LINCOLN AVE
COQUITLAM CENTRE
DEWDNEY TRUN K RD
B1
ES HN AU G MUNDY ST
A5 VE TE A
T UNE
DAW ES
ghe
ed H
H IL LR
SH
KI
heed
AUSTIN AVE
Lou
ug
NG
he
ed
SW AY AV E
Hw
DOMINION AVE
y
Loug
MARI NE R WAY
MUNDY PARK
AUSTIN AVE
BR
Lo
OTTAWA ST
R
SY
LD
ST
PRAIRIE AVE MA
Hwy
LINTON ST
COMO LAKE PARK
GATENSBURY ST
SMITH AVE
BLUE MOUNTAIN ST
A3 A1 A4
DEWDNEY TRUNK RD
DEWDNEY TRUNK RD
Lo
ug
COLONY FARM REGIONAL PARK
D
wy
r
Ma
ed
Hw
y
ss
MEADOW GARDENS GOLF COURSE
a yp
ll B
i yH
he
FORD RD FRASER RIVER PITT MEADOWS AIRPORT
COQUITLAM A1. EMERSON
608 Como Lake Ave. 604.936.9300
A2. GRAND CENTRAL 3 2929 Atlantic Ave. 604-936-1888
123RD AVE
DEWDNEY TRUNK RD
HAMMOND RD HARRIS RD
NORTH RD
ER
COMO LAKE AVE
CL
AR
KE
RD
TH
216TH ST
PIONEER MEMORIAL PARK
INLET PARK
LA NS BL VD DOW
DR
210TH ST
TA IN
IA
PORT COQUITLAM A3. BLOOM
Sales Centre 618 Langside Ave. 604.939.8808
A4. EASTON
552 Clarke Road 604.936.2012
80% SOLD 66 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
A5. BLUETREE HOMES AT MACKIN PARK
Brunette & Lebleu Presentation Centre located at 1020 Austin Ave. 604.939.8874
B1. BURLEIGHGOLDEN WALK EARS BRIDGE 2675 Burleigh Ave. 604.464.5856
mosaichomes.com
207TH ST
ROCKY POINT PARK
UN
R TO IC
203RD ST
y
w H
SHORELINE PARK
DAV ID A VE
TOWN CENTRE PARK
S BONSON RD
MO
HARRIS RD
R IT AG E
COAST MERIDIAN RD
D
JOHNSON ST
t ne
r Ba
OR
HE
PI N
DAVID AVE IOC
CEDAR DR
PA R
LVD
COQUITLAM | PORT COQUITLAM | PORT MOODY | PITT MEADOWS
R IVE
R RD
Coquitlam/Port Coquitlam/port moody
DON’T MISS OUT REGISTER NOW!
apr 19 - may 3, 2013 metro vancouver new Condo Guide 67
condo sense
Looking at the
// by cameron mcneill
future of neighbourhoods
Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Cameron also co-founded TAC Real Estate, a resale firm, and MPC Intelligence, a real estate market-research firm. Together with his experienced and dedicated team of sales, marketing and administration professionals, he has transacted more than 14,000 new homes and $5 billion in sales. Email him at cm@macmarketingsolutions.com or follow him on Twitter @mac_marketing
W
hen shopping for a new condo, it’s only natural to start looking at existing neighbourhoods such as Vancouver’s coveted Kitsilano, Downtown’s English Bay or Burnaby’s Metrotown. These established communities have made a name for themselves for many years, boasting priceless views, great restaurants, fantastic shopping and more. Who wouldn’t want to live here? But as popularity increases so does demand and prices, making the barrier to entry a little harder than expected. Looking at up-and-coming neighbourhoods is a great alternative to help you find a new condo surrounded by fantastic amenities without hurting your pocket. New urban centres
68 metro vancouver new Condo Guide apr 19 - may 3, 2013
are popping up throughout Metro Vancouver, creating thriving and fun neighbourhoods with new shops, bigname restaurants, and community spaces. A few examples are: › New Port Village in Port Moody was forest in the 90’s and is now a vibrant shopping and residential destination with European-inspired architecture and over 50 merchants. shopnewportvillage.com › Morgan Crossing in South Surrey Master planned “Village Life” built from the ground up in 2008 with brand name shopping, fitness amenities and new residences. morgancrossing.ca › River District in Southeast Vancouver 130 acre waterfront community in the midst of a 30 year master plan to include 7,000 homes, daycares, community centres, shops and restaurants. As River District is still in its infancy with commercial on the way, now is a great time to get in and watch the community and your values grow over time. riverdistrict.ca › The Foothills at Burke Mountain 400 acres on Burke Mountain in Coquitlam will eventually be home to over 5,000 residents with shopping, schools, parks and more. With less than half built so far, here is another great opportunity to get in early. thefoothillsatburke.com › Fraser Mills in Coquitlam’s Riverfront 89 acre riverfront village with plans for a main retail street, over 3,000 new residences, private indoor amenity space, parks and much more. Although not available yet, Fraser Mills will be a major transformation which will connect the City of Coquitlam with
the waterfront and early plans look amazing. Keep this one on your radar! villageatfrasermills.com As Metro Vancouver continues to grow, city planners are updating their Official Community Plans (OCP) to create new communities in underutilized areas as well as improve and revitalize existing neighbourhoods by adding new schools, retail hubs, park space, and new housing opportunities. All this information can be found online so when searching for yourself, do some research as it may shape your decision to look for a new home in an “up and coming” neighourhood.
Secret Ridge duplex homes at Burke Mountain, Coquitlam
COQUITLAM/PORT COQUITLAM/PORT MOODY
Development by
unimethomes.com
BurleighWalkHomes
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 69
IT’S NOT TOO LATE TO... DISCOVER BC’s BUILDERS, DEVELOPERS AND COMMUNITIES - ONE STORY AT A TIME
2013 BuildersAnnual.com
BUILDER & DEVELOPER
BC’s Builders, Developers and Communities – One Story at a Time
If you missed picking up this year’s issue, call 604.519.6080 or email homes@wall2wallmedia.com to receive your FREE copy!
Metro Vancouver’s finest new home builders and condo developers
AN INSIDE LOOK AT
Mortgage smarts – separating fact from fiction
Buyer expectations and demographics fuel Vancouver’s housing market
NewCondoGuide.com homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.
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finances
A mortgage comes with
risk and responsibility According to the Financial Services Commission of Ontario (FSCO) – the government agency responsible for overseeing the mortgage brokering industry in Ontario – these are important things to consider if you’re thinking of getting a mortgage. Whether you’re late making mortgage payments, or cannot make them at all, not being able to meet your mortgage payments can have serious consequences. Before getting a loan, make sure you are fully aware of the default consequences.
Being ready for a mortgage involves more than simply
qualifying for a loan. Because of the amount of money you borrow and the time it takes to repay, taking a mortgage comes with risks. It’s important to know what these risks are and to be financially prepared for them. Therefore, before you shop for a mortgage, make sure you take a close look at your situation – your finances, future plans and lifestyle – and consider how much debt you can comfortably afford. Over long periods, financial setbacks may arise, and not just when the economy is weak. Demands on your income increase for example, when you start a family, change career paths, launch a business, mismanage expenses, become ill, lose your job, get divorced or lose a partner.
Therefore, before you shop for a mortgage, make sure you take a close look at your situation – your finances, future plans and lifestyle – and consider how much debt you can comfortably afford.
72 metro vancouver new Condo Guide apr 19 - may 3, 2013
072-073 finances-mortgage risk and responsibilitY.indd 72
4/16/13 4:31:10 PM
A checklist is helpful when shopping for a mortgage Most homebuyers need a mortgage and it’s therefore important to comparison shop. Terms and conditions differ from lender to lender, so shop around, compare and select the mortgage that best suits your needs. The FSCO suggests taking as much time as needed to understand all of your options. When talking to a potential mortgage provider, broker or agent, for example, you may wish to use this checklist to get answers to the most
When you’re shopping for a mortgage, keep in mind the following tips:
important questions:
» Read the entire mortgage agreement and get answers to any questions you may have. » Consider getting legal advice before signing the mortgage agreement. » If you are using the services of a mortgage brokerage, broker or agent, make sure: › the business and individual are licensed to deal or trade in mortgages in Ontario; › the material risks of your mortgage are disclosed to you in writing and in plain language; › you are given at least two business days to review the mortgage disclosure statement before you sign it, or before you make a mortgage payment, whichever is earlier.
» a fixed-, variable- or adjustable-rate mortgage » an open, closed or convertible mortgage
What type of mortgage is best for my needs? In particular:
What mortgage features and options are best for my needs? » a short- or long-term mortgage » a short or long amortization period » frequent or less-frequent mortgage payments » the ability to make prepayments or lump-sum payments » the option to transfer your mortgage to another home
How will different factors influence the total cost of my mortgage? » How can I save on interest charges? » How can I change the size of my mortgage payments? » What fees are involved in setting up, discharging or renewing my mortgage and how are they calculated? » What are my options if I cannot make a payment? » Is there a fee if a payment is late? » What penalty charges apply if I want to break or renegotiate my mortgage contract?
Your individual needs and preferences will likely raise other questions too. For more helpful information on mortgages and the mortgage brokering sector, visit website at fsco.gov.on.ca. NC apr 19 - may 3, 2013 metro vancouver new Condo Guide 73
072-073 finances-mortgage risk and responsibilitY.indd 73
4/16/13 4:31:11 PM
YOUNG RD
GRAND STREET
CE DAR STRE ET
WREN STREET
A b b o t s f o r d | M i s s i o n | C h i l l i w ac k
I NS
1ST AVE 2ND AVE 3RD AVE 4TH AVE CHEAM AVE 5TH AVE
AVE
MA SW AY
A3
SOUTH FRASE R WAY
SUMAS WAY
EVANS RD
B ROADWAY ST RD
LUCKAKUCK WAY
ER
MCCALLUM RD
D
CLEARB ROOK RD
COTTONWOOD MALL
R IV
TOWNLINE RD
KING RD
ABBOTSFORD INTERNATIONAL AIRPORT
PRAIRIE CENTRAL RD
W
CK IWA I LL
NR
D ER YAL
CH
MA
A2
RD
LE H
D G RR D UN M YOTCO A WH
BEVAN AVE
RD
CHILLIWACK MUNICIPAL AIRPORT
O
MARSHALL RD
ORT
AIR P
AIRPORT RD
LE YA
MT
KE E
LD
A3
BROOKS AVE
MC
SIMPSON RD
MARSHALL RD
Mission
YOUNG RD
RN
DE
CHILLIWACK CENTRAL RD
WHATCOM RD
A1
A4
SU
YB U CLA
E
D
OLD
D
MACL URE R
Hwy 11
GLADWIN RD
Lougheed Hwy
Lougheed Hwy
YA LE R
RD
FRASER CRESENT
MCMILLIAN RD
OLD YALE
CLEARBROOK PARK
CHARLES ST ROAD SLAVE LAKE
DG
R LE YA
MURRAY STREET
DA R
HO
CE
U CL MA
RE
HWCLEARBR Y 11 OOK RD
TOWNLINE RD
MT LEHMAN RD
WREN STREET
VA LL EY
CO
NN
GRAND STREET
EC TO R
7TH AVE KINSMEN EAST PARK
KNIGHT RD
HUNTINGDON RD
Abbotsford
Abbotsford A1. B rooklyn
Maclure Rd. & Gladwin Rd. 604.746.3496
HIGGINSON RD
A2. waterleaf
STEVENSON RD
A3. hudson’s loft
S SUMAS RD
Old Yale & Whatcom Rd. 604.850.3694 3068 Gladwin Rd. 604.864.8948
Clearbrook Rd. & Mt Waddington Ave. 604.557.1047
WATSON RD
VE DDER RD
A4. lift
THOMAS RD
WATSON GLEN PARK
WEBSTE R RD
KEITH WILSON RD
74 metro vancouver new Condo Guide apr 19 - may 3, 2013
C h i l l i w ac k
PROMONTORY RD
abbotsford/mission/chilliwack
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Marketed by Quantum Realty Inc. Managed by the Quantum Properties Group of Companies. This is not an offering for sale. Any such offering may only be made by disclosure statement. E. & O. E.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 75
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MORTGAGE MINUTE
Why you shouldn’t fret over a
// BY PETER KINCH
‘MARKET CORRECTION’
P
Peter is founder of the Peter Kinch Mortgage Team and the PK-Approved group of Dominion Lending Centres mortgage brokers across Canada, and he is co-owner of Pacific Bridge Mortgage Investment Corp. Feel free to forward any questions directly to Peter at pkinch@peterkinch.com
ick up any newspaper today and no one could blame you if you got a little worried about the state of the economy or the fear of a pending market correction in Canadian real estate. Are Canadians taking on too much debt? Have mortgage rules gone too far? Is there a housing bubble about to burst? What if there is a market correction? The real question is, do Canadian homeowners or prospective buyers need to be concerned? Every time there is talk about a market correction, the tone is quite negative. But let’s take a closer look at that situation: rather than argue about whether we may have a market correction, let’s analyze what it really means to Canadians if there is one. FIRST-TIME HOMEBUYERS:
If you’re a first-time homebuyer, you have likely felt the pinch of the rising cost of housing, and the new mortgage rules certainly haven’t helped any either. So a slight market correction would be welcome news for you; you can still get into homeownership with only five per cent down, but since your maximum amortization is now limited to only 25 years, a drop in pricing is exactly what you’ll need to be able to get into this market. ›› Conclusion: A market correction is a good thing for you. CURRENT HOMEOWNER BUYING OR SELLING – MOVING UP OR DOWNSIZING:
If you are a homeowner and you’re looking for the right time to sell your house so you can buy another, you may be concerned that the price of your current home is dropping. But, let’s assume the value of the house you are selling drops by 10 per cent. Let’s also assume that you plan to buy another home (whether upsizing or downsizing). Remember that the person selling their home to you is going through the exact same thing. In other words, if the value of your home dropped 10 per cent, so too did the value of the new home you are buying. Focus on what your bottom line “net” is, rather than what you thought or had hoped to sell your home for. ›› Conclusion: The net effect of a market correction is likely zero. REAL ESTATE INVESTOR OR SECOND-HOME BUYER:
If you are buying real estate as an investment, this is the perfect market condition for you. When there are more sellers than buyers, you have more bargaining power. If you are able to negotiate a better deal and pay a little less for the property you are looking for, it simply makes the deal that much more affordable. ›› Conclusion: You should be hoping for a market correction. CURRENT HOMEOWNER WITH NO PLANS TO SELL:
The main reason we worry about a housing correction is the fear that it will erode 78 METRO VANCOUVER NEW CONDO GUIDE APR 19 - MAY 3, 2013
078-079 Kinch Market Correction The Mortgage Minute.indd 78
4/16/13 4:31:15 PM
If you’re a first-time homebuyer, you have likely felt the pinch of the rising cost of housing, and the new mortgage rules certainly haven’t helped any either. our home equity and net worth. A significant amount of net worth of Canadians is tied up in their home equity, which is the foundation for a lot of retirement plans – so there is obvious concern. But should there be? For the majority of Canadians, the plan is to stay in their current house for at least the next three to five years. So here’s a simple fact: equity is only gained or lost the day you sell. In other words, if the value of your house were to drop by 10 per cent tomorrow, you may feel anxiety over the drop in your net worth – but it would only be on paper unless you actually sold your house tomorrow. If you have no intention of selling soon and you can still afford your monthly payments, then all you need to do is sit and wait until the market bounces back – which it has always done for the past 100 years. ›› Conclusion: A market correction may very well have zero impact on you. In the end, the headlines will continue to talk of impending market corrections. The key for you is to decipher one of three things: 1. Is this a real concern for you? 2. Is this an opportunity? Or, 3. Are you getting worked up about nothing? Bottom line: a lot of people will fret
about this topic over the water cooler tomorrow morning – but the majority of them really don’t need to.
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 79
078-079 Kinch Market Correction The Mortgage Minute.indd 79
4/16/13 4:31:22 PM
RO SS RD
NM
Sky H
wy
R VE GO TR
Sea To
EN D
N o r t h S h o r e | S quamis h | W h is t l e r DEPOT RD
DR ORO
UG H CHEAKAMUS WAY
DR
1a MARINE DR
GA
A2
RI
BOULEVARD
BA I LD
MARINE DR
S
Y WA
YR
E
NT
ND LA GH
STANLEY PARK y
a
Se
VE R GO
NM
E NT
To
Sk
RD
RAVEN DR
FINCH DR
ROBIN DR
B UC KLEY AVE
R UD TEA PLA
VAL LEY
DR
3R
2N
DA VE DA VE
C
VE YA WA V ST TA NU VE ST E KA CH OC L M DR HE RD O ILF GU
WE
80 metro vancouver new Condo Guide apr 19 - may 3, 2013
R D E MAI N
ST
A5. 15 west
A3. the prescott
A6. seylynn village
CH E
SQUAMISH
DR
KEITH RD E
A2. remix
13th & Lonsdale 604.969.3333
99
KE
MT SEYMOUR PKY
A4. orizon
#103 - 735 West 15th St 604.924.4488
R RY
DR
RD
LYNN CANYON PARK
A1. Local on Lonsdale W 17th Street and Lonsdale 604.998.0219
LOGGERS LN
QU E E NS WAY
BRENNAN PA R K
R LA
N
North Shore
CENTENNIAL WAY
MAGEE ST
N LY
EY LL VA
A6
L LEVE LOW
y
w
H
KEITH RD W A3 A4
HI
MAMQUAM RD
A5
A1
LO N
S
W AY
KI
DR
Mountain Hwy
TH B
MATHERS AVE
DEMPSAY RD
LONSDALE AVE
DR
LIGHTHOUSE PARK
DALE R D
SD AL EA VE
INE
CH IPPE N
CAPILANO RIVER REGIONAL PARK
PERTH DR
MAR
RD
STE VE N S
L OW
SOU
R CYP
B ESS
TANTALUS RD
CYPRESS FALLS PARK
15TH ST
NELSON CANYON PARK
LYNN HEADWATERS REGIONAL PARK
21ST ST
DR
CYPRESS
25TH ST
RUN
CYPRESS BOWL RD
EAG LE
North Shore
onsdale & Third Ave L 604.638.6240
5th just off Lonsdale 1 604.980.9949
w ww.seylynn.ca
rton
Dolla
Hwy
HOT TUB INCLUDED* *CLOTHING OPTIONAL
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PRESENTATION CENTRE 103 – 735 WEST 15TH STREET, NORTH VANCOUVER | 604.924.4488 VISIT ADERA.COM
* LIMITATIONS APPLY. THIS IS NOT AN OFFERING FOR SALE. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SEVEN30 ADERA PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277
*Prices subject to change without notice. E.&O.E.
1525 Lonsdale Ave, North Vancouver
New Presentation Centre Now Open Open daily 12-5pm (Except Fridays)
Prices starting from $339,900.
t: 604.980.9949
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Rising up above the neighbourhood and offering stunning views in all directions, 15 West is North Vancouver’s most distinguished new home collection. 15 West continues to offer the unmatched combination of beautiful views and finishing in a quiet and convenient location just West of Lonsdale. Discovery begins today at 15 West.
A NEW BENCHMARK
Stunning views from the city to the North Shore mountains and beyond.
15 VIS 25 IT L O US NS AT DA LE .
NORTH SHORE/SQUAMISH/WHISTLER
APR 19 - MAY 3, 2013 METRO VANCOUVER NEW CONDO GUIDE 83
YOUR BEST SOURCE OF REAL ESTATE INFORMATION TO BUY, SELL, RENT OR RENOVATE. Pick us up at over 750 convenient locations including: Safeway, IGA, Skytrain Stations, Community Centres and More.
TO ADVERTISE CALL 604.519.6080 Apr 19 - May 3, 2013 Volume 21 Issue 08
apr 19 - May 03, 2013 Volume 03 issue 08
TRI-CITIES RIVERFRONT FROM 300s THE MID $300 Available this May
inside this issue
FIRST-TIME BUYERS MAKING WISE DECISIONS
SHIPPING CONTAINERS: A NEW-HOME TREND?
4 REASONS TO CHOOSE AN ENERGY-EFFICIENT HOME
inside this issue
Mortgage risk & responsibility
Don’t fear a ‘Market correction’
first-tiMe hoMebuyers showing rational siDe
meTRo VANCouVeR eDITIoN | FREE
April 12 - May 10, 2013 Volume 21 Issue 04
Metro Vancouver Edition April - MAy Ay 2013 Volume 12 Issue 02 A
Good taste, bad taste:
designer Mila Djuras
has the low down
plus!
hot spRing trends
Making renting
an even better choice inside this issue
TEchnology on ThE MoVE
Glass World The lATesT in BAThrooM design inspirATion
View our Magazines online at NewCondoGuide.com Like Us on facebook.com/NewHomeGuideMetroVancouver
• ATLANTIC CANADA • CALGARY • EDMONTON • MONTREAL • VANCOUVER • WINNIPEG
NORTH SHORE/SQUAMISH/WHISTLER
UNDER CONSTRUCTION
LIVE NORTH SHORE TRUE
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Own the best of west coast modern with only 5% down*!
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Orizon’s expansive interiors, and enhanced outdoor living features, like oversized patios, green space and a private Rooftop Vista Lounge, are inspired by and blend seamlessly with the natural surroundings. Its hillside location, at East 3rd and St. Georges is the perfect homebase – the SeaBus, the Quay, the cafes and shops of Lower Lonsdale are all just a short walk away, and all three local mountains a mere 20-minute drive.
1 bedrooms from $304,900 2 bedrooms from $384,900 3 bedrooms from $599,900
SALES CENTRE 21 LONSDALE AVE, NORTH VANCOUVER Open noon-5pm daily except fridays
604.638.6240 ORIZONonTHIRD.com
*Limited time offer. Terms and conditions apply. Please see sales team for details. All prices, promotions and incentives are subject to change and can be withdrawn at any time. Pictures, drawings and digital renderings are for illustrative purposes only and should not be relied upon. The developer reserves the right to make modifications to the building design, features and floorplans. E.&O.E.
Intracorp Third Street Limited Partnership Sales and Marketing by Intracorp Realty Ltd.
apr 19 - may 3, 2013 metro vancouver new Condo Guide 85
* S ’ 0 0 2 $ ID M S* E ’ H 0 T 0 4 M $ O W R O F L G E N H T TI R M A O T R S F M G O IN O T R R D A T S 1 BE S M O O R D 2 BE Win
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APPOINTMENTS AVA I L A B L E S O O N
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R E G I S T E R T O D AY AT S E Y LY N N . C A *Seylynn Village is currently not an offering for sale. Such an offering can only be made after filing a disclosure statement. Free Home contest based on project commencement. Prices subject to change without notice. E & O.E.
FINAL RELEASE NOW AVAILABLE
A HIGHER STANDARD. ELEVATED ADDRESS. BEST VIEWS. The exceptional residences at The Prescott feature expansive outdoor spaces and beautifully detailed interiors, designed to maximize the natural light and breathtaking city and water views. • Landmark glass & concrete boutique building designed by renowned architect Walter Francl • Perched above the prestigious new head office of the North Shore Credit Union located in Central Lonsdale • An extensive public realm with all of the added services and amenities provided by Central Lonsdale retail high street
VIEW RESIDENCES ON FLOORS
13 & 14
AVAILABLE FOR THE FIRST TIME!
Open Daily 12-5 (Closed Thursday and Friday) 101-1133 Lonsdale Avenue, North Vancouver SIGNATURE NORTH SHORE LIVING
THEPRESCOTT.CA | 604.969.3333
This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&O.E. The developer reserves the right to make changes and modifications to the information contained herein. Renderings, plans, photos and sketches are representational only and may not be accurate. The Prescott, a Wesgroup Properties project, developed by 1250 Lonsdale Developments LP.
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favorite neighbourhood
Find out about nearby services and amenities
View new construction projects and register to get the latest info
Visit the new real estate section on canpages.ca and start looking for that special place. Powered by
homebuyers’ help
condo buyers’
resource section
You love the condo, see what you can afford!
rd!
Calculate your mortgage payments using the mortgage payment calculation chart
apr 19 - may 3, 2013 metro vancouver new Condo Guide 89
089-091 HomebuyersResource.indd 89
4/16/13 4:31:26 PM
homebuyers’ help
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
example: 5%
25 years
5.82
125 (mortgage amount $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse. 02 Divide by three. This figure is the monthly payment you can afford to make on your condo. 03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
90 metro vancouver new Condo Guide apr 19 - may 3, 2013
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4/16/13 4:31:26 PM
Mortgage payment calculation chart
%
Amortization Periods
Interest Rates
10 years
15 years
20 years
25 years
30 Years
3.00%
9.65
6.90
5.54
4.73
4.21
3.25%
9.76
7.02
5.66
4.86
4.34
3.50%
9.88
7.14
5.79
4.99
4.48
3.75%
9.99
7.26
5.91
5.13
4.61
4.00%
7.38
6.04
5.26
4.76
10.11
4.25%
10.23
7.50
6.17
5.40
4.90
4.50%
10.34
7.63
6.30
5.53
5.04
4.75%
10.46
7.75
6.44
5.67
5.19
5.00%
10.58
7.88
6.57
5.82
5.34
5.25%
10.70
8.01
6.74
5.96
5.49
5.50%
10.82
8.14
6.85
6.10
5.64
5.75%
10.94
8.27
6.98
6.25
5.79
6.00%
11.07
8.40
7.12
6.40
5.95
6.25%
11.19
8.53
7.26
6.55
6.11
6.50%
11.31
8.66
7.41
6.70
6.26
6.75%
11.43
8.80
7.55
6.85
6.42
7.00%
11.56
8.93
7.69
7.00
6.59
7.25%
11.68
9.07
7.84
7.16
6.75
7.50%
11.81
9.21
7.99
7.32
6.91
7.75%
11.94
9.34
8.14
7.47
7.08
8.00%
12.06
9.48
8.28
7.63
7.25
8.25%
12.19
9.62
8.44
7.79
7.42
8.50%
12.32
9.76
8.59
7.95
7.59
8.75%
12.45
9.90
8.74
8.12
7.76
9.00%
12.58
10.05
8.86
8.28
7.93
9.25%
12.71
10.19
9.05
8.45
8.10
9.50%
12.84
10.33
9.20
8.62
8.28
9.75%
12.97
10.48
9.36
8.78
8.45
10.00%
13.10
10.63
9.52
8.95
8.63
10.25%
13.24
10.77
9.68
9.12
8.80
10.50%
13.37
10.92
9.84
9.29
8.98
10.75%
13.50
11.06
10.00
9.46
9.16
11.00%
13.64
11.22
10.16
9.63
9.34
11.25%
13.77
11.36
10.32
9.80
9.52
11.50%
13.91
11.52
10.49
9.97
9.70
11.75%
14.04
11.66
10.65
10.15
9.88
12.00%
14.18
11.82
10.81
10.32
10.06
12.25%
14.32
11.97
10.98
10.49
10.25
12.50%
14.46
12.13
11.15
10.67
10.43
12.75%
14.59
12.28
11.31
10.85
10.61
This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 apr 19 - may 3, 2013 metro vancouver new Condo Guide 91
089-091 HomebuyersResource.indd 91
4/16/13 4:31:26 PM
BRITISH COLUMBIA’S
neW condo deVeLoPMentS Proj ect
tYPe
c o n ta c t
Price
Proj ect
LR LR LR LR HR LR
604.854.1201 604.746.3496 604.846.8948 604.557.1047 604.746.1551 604.850.3694
Call From $169,900 From $99,900 Call Call From $179,900
604.456.8883 604.291.9130 778.331.0348 604.288.7394 604.320.3386 liveatburnabyheights.com 604.435.9477 604.435.9477 604.435.8866 liveatburnabyheights.com 604.889.7008 604.431.6033 604.320.3386 604.754.7338 604.437.0100 604.294.4995 604.525.8496 604.435.8866 604.298.8800 604.438.1113 604.218.3338 604.294.3339 veniceliving.ca 604.970.9606 604.874.9232
From Mid $200’s Call From $209,900 Coming Soon Call Coming Soon Call From $439,900 From $495,900 Coming Soon From $293,900 Call From $449,900 From $274,900 From $239,900 Call Call From Low $300’s From $249,900 Call From $249,900 Call Coming Soon From $259,900 From $299,000
604.824.5062 1.800.830.7175
Call From $184,900
604.472.1123 604.931.0302 604.939.8808 604.552.7744 ledmac.com/charland
Call From Low $200’s From $249,900 Coming Soon Call
aBBotSFord
Abacus Uptown Brooklyn Hudson’s Loft Lift Mahogany at Mill Lake Waterleaf BUrnaBY
Altitude Aviara Highland House Kabana Lift Madison Metro One Metro Two Metroplace Montage North Parc OakTerra Origin Oro Panacasa Perspectives Reflections Silver Solo District Station Square Trio Vantage Venice Vibe Wall Centre Central Park
HR HR MR LR LR/TH LR LR LR HR LR LR LR LR LR LR/TH HR HR HR HR HR LR HR LR LR HR
cHiLLiWacK / SardiS
Garrison Crossing La Cason
SF/LR/TH LR
coQUitLaM
1123 Westwood Austin Bloom Celadon Charland
HR HR LR/TH HR LR
Penthouse (PH)
Real Estate Sales & Marketing From the ground up
Live Work (LW)
city Home (cH)
Easton Emerson Evergreen Grand Central 2 Grand Central 3 Hazel MTwo MThree Maya Mackin Park Oasis Tamarack
c o n ta c t
Price
LR LR HR HR HR LR HR HR LR LR HR LR
604.936.2012 604.936.9300 604.942.2672 604.936.1888 604.936.1888 778.829.1500 604-472-9555 604.472.9555 604.288.9888 604.939.8874 604.464.2701 604.552.3003
From $339,900 incl. all tax Call From $267,900 From $309,900 Call From $220,500 Call Call Call From $199,900 Call From $289,900
LR
604.940.5533
From $324,900
LR LR
778.565.3879 604.590.8003
Call From $199,900
604.882.8857 604.530.7011 604.534.6000 604.533.7718 604.568.3385 liveatkensington.ca 604.510.6500 604.635.0643 604.514.1530 604.539.2200 yorksoncreek.com
From $137,500 From $194,900 From $188,900 From $159,900 Coming Soon Coming Soon Call Call From $224,900 From $149,900 From $179,900
LR LR LR LR LR
604.463.0588 604.318.5254 604.466.8783 604.477.1500 604.467.8884
From $139,900 Coming Soon From $149,900 Call Coming Soon
HR LR HR HR LR
604.377.9630 604.694.1188 604.523.0733 604.525.8980 604.520.9890
Call Coming Soon Call Call From $218,900
Ladner
Canu nortH deLta
Atria Luxor LanGLeY
Athenry Gate Bearing Pointe Cornerstone Elements Focus Kensington Murray’s Walk Serenade Suede Varsity Yorkson Creek
LR LR LR LR TH/LR LR LR LR LR LR LR
MaPLe ridGe
223 North Cascada Edge on Edge Falcon Centre Parc Vue neW WeStMinSter
258 on Sixth Brewery District Carlyle at Victoria Hill Dominion Duo at Port Royal High rise (Hr)
Mid rise (Mr)
Low rise (Lr)
Loft (Lo)
Representing the best in New Home Sales across the Lower Mainland from Townhomes to Condos. Homes starting in the $150’s
FIFTHAVE.CA 92 metro vancouver new condo Guide apr 19 - may 3, 2013
tYPe
all tax
The listings included on the following pages are meant to offer a comprehensive overview of those new home developments currently being marketed throughout Greater Vancouver and the Fraser Valley. Pricing is subject to change; you should contact the specific development for current details or special promotions. To report any changes or corrections to this information, please contact our office at 604.519.6080, fax 604.519.6088, or email homes@wall2wallmedia.com P r o j e c t T Y P E
Elliot St Glasshouse Lofts Grove, The Marinus @ Plaza 88 Northbank Parkside Trapp & Holbrook Viceroy
HR MR LR HR HR HR HR LR
c o n ta c t
604.524.8080 aragon.ca 604.523.0733 604.519.9188 604.523.0081 604.523.0733 604.525.0223 604.522.2583
PricE
P r o j e c t T Y P E
From $224,900 Coming Soon Call Call From $261,900 Call From $299,900 From $321,900
NORTH VANCOUVER
15 West HR 604.980.9949 221 East 3rd LR 700 Marine Drive LR/LW 604.984.0700 Atrium at the Pier MR/TH 604.983.9065 Capstone MR 604.929.8870 Destiny 2 at Raven Woods LR 604.929.1915 Drive, The LR 604.986.8138 Kimpton, The LR 604.988.3020 Landing, The MR 604.983.9065 Local on Lonsdale hr/LR/th 604.998.0219 Maplewood North LR 604.727.1594 Orizon LR 604.638.6240 Pinnacle Residences at the Pier MR 604.983.9065 Prescott, The HR 604.969.3333 Remix LR 604.924.4488 Versatile Building, The LR 604.924.5595 PITT MEADOWS
Cedar Downs Solaris at Meadows Gate Liv42
LR HR LR
778.846.3200 604.460.8998 604.460.6601
Call Coming Soon From $299,000 Call Call From $289,900 Call From $359,900 Call From $309,900 From $378,900 From $304,900 Call From Mid $200’s Call From Low $300’s Call Call From $134,900
PORT COQUITLAM
Avanti Burleigh Walk Carmandy Shaughnessy, The South Verde Valorie on the Park
LR LR LR HR LR LR
604.468.2707 604.464.5856 604.435.9477 604.468.8252 604.468.8252 604.464.4764
Call From low $199,900 From $209,900 Call Call From $175,000
PORT MOODY
Residences, The
HR
604.552.0552
Call
RICHMOND
Alexandra Gate Altis
LR LR
604.274.7326 604-231-0588 Penthouse (PH)
Call From $298,800 Live Work (LW)
City Home (CH)
Bravo Camber Carrera Centro Concord Gardens Emerald Gardens, The Harmony Mandarin Mayfair Place Monet Nova Omega Opal at Richmond Centre Ora Parc Riviera Pier, The Remy Riva River Park Place Quintet River Green River Inlet Saffron
HR LR/HR HR HR/TH HR HR/TH LR HR MR LR HR HR LR HR HR LR/TH LR LR LR HR HR MR/TH MR/TH LR
c o n ta c t
PricE
778-297-6222 604.276.0677 604.244.7721 604.270.8305 604.233.7748 604.244.8333 604.271.3331 604.278.3939 604.233.1687 604.278.5809 604.233.7748 604.278.8883 604.233.7748 604.303.7575 604.278.8838 604.231.5900 604.274.7326 604.279.8866 604.278.8838 604.282.7838 604.247.8885 604.233.2633 604.233.2633 604.270.2482
From $298,800 Call From $399,900 From $389,900 From $236,800 From $296,000 From $254,900 From $288,800 From $299,900 From $399,900 From $288,900 From $299,900 From $279,900 From $464,900 Call Call Call From $211,900 Call From $299,900 Call Call Call Call
TH/LR TH LR
1.877.344.5566 604.898.2232 1.888.852.7575
From $239,000 Coming Soon Call
HR LR LR LR HR LR LR LR LR HR LR LR LR LR
3civicplaza.ca 604.596.2202 778.565.3879 tiensher.com 604.580.4199 778.395.1886 778.395.7704 604.760.6500 604.584.1172 604.453.6688 604.575.0669 604.596.5075 604.760.7672 604.575.9009
Coming Soon From $170’s Call Coming Soon From $186,900 From $118,800 Call From $179,900 From $235,900 Call From $194,900 From $264,900 From $249,900 Call
SQUAMISH / WHISTLER
Aqua Elaho University Heights SURREY
3 Civic Plaza Ascend Atria Balance Citypoint Connect Edge Emerald Heights Ethical Gardens G3 Residences Latis Latitude Lumina Mirra High Rise (HR)
Mid Rise (MR)
Low Rise (LR)
Loft (LO)
apr 19 - may 3, 2013 metro vancouver new Condo Guide 93
P r o j e c t T Y P E
c o n ta c t
Monterosso LR 604.596.8828 Park Avenue HR 604.233.7748 Park Central LR 604.817.5852 Park Place HR 604.583.9866 Quattro LR 604.581.8000 Ultra at West Village TH/HR 604.588.6999 Verve LR 604.588.3783 Wave HR 604.951.9283 CLOVERDALE Latis LR 604.575.0669 One92 LR 604.576.1772 Salix LR 604.530.0054 Waterstone LR 604.530.5399
PricE
P r o j e c t T Y P E
From $249,900 250 Homes Under $250 From $289,900 Call From $159,900 From $186,900 From $160’s Phase 2 Coming Soon From $194,900 From $169,900 From $229,900 From $219,900
VANCOUVER & AREA DOWNTOWN
999 Seymour Alexandra Central Erickson Fairmont Pacific Rim Estates Keefer Block Maddox Mark, The Modern One Pacific Pacific Pt. Ritz, The Rolston, The Sapphire, The Three Harbour Green
MR HR HR HR HR LR HR HR HR HR HR HR HR HR TH/HR
604.879.9996 604.899.8800 604.687.4353 604.899.8880 604.781.4303 604.682.8813 604-669-8200 604.687.4353 amacon.com 604.899.8800 604.685.0855 604.876.9222 604.688.8927 604.876.9222 604.683.3388
Call From $839,900 Call From $2,499,000 Call From $249,900 $389,900 Call From $300’s Coming Soon From $349,900 From $829,900 Call From $699,900 Call
c o n ta c t
PricE
WEST SIDE
700 West 8th HR 5555 Dunbar LR 6 & Fir HR Academy HR Arbutus Ridge MR Bayswater LR Cambie & 7th HR/TH Collection 45 LR Elizabeth LR Exchange LR James MR Kits360 LR Lido HR Maynards Block, The LR MC2 HR Meccanica HR Opsal HR Pinnacle Living Broadway MR Pinnacle Living False Creek MR Prelude MR Radius Riley, The LR Sail LR Shannon Wall Centre Kerrisdale LR Sixth and Willow Sydney HR The Village on False Creek HR Westerly, The LR Yu MR
604.714.2213 604.568.7551 604.899.8858 604.228.8895 604.738.0001 604.739.8880 604.568.5060 604.569.1555 604.877.1722 604.716.0483 604.675.1000 604.737.0360 604.872.2672 604.893.8378 604.638.9998 604.876.8819 604.876.7332 604.739.2080 604.874.8368 604.616.7008 ledmac.com/radius 604.616.7008 604.221.8878 604.267.8882 sixthandwillow.com 604.733.6688 604.733.2010 604.558.3399 604.827.3488
From $819,900 Call From $449,900 From $498,000 Call Call Call Call Call Call From $424,900 From $379,900 From $458,900 From $262,900 From $259,000 From $324,900 Call From $429,900 From $369,900 Call Coming Soon From $384,000 Call Call Coming Soon From $469,900 From $390,500 From $300,000’s From $452,400
tsawwassen EAST SIDE
238 W Broadway 2nd & Commercial Alba Block One Bohème Charm Evan Local Main Street Majestic On Main Sesame Shine Shoreline Skyway Uptown Wall Centre 900 Hastings Wall Centre Central Park
LR LR LR HR LR LR MR LR LR LR LR MR LR HR LR MR HR
Tsawwassen Springs
238westbroadway.ca Call 604.800.8862 From $269,900 604.251.2522 From $327,000 604.682.8801 Call 604.569.3388 From $227,900 604.330.8838 From $266,900 604.872.0331 From $269,900 604.688.5527 From $349,900 604.877.1116 Coming Soon 604.638.9222 From $347,500 604.253.8888 From $259,900 604.261.3936 Coming Soon 604.871.4239 Coming Soon 604.436.1100 Call 604.899.8800 From $276,800 604.683.0900 From $249,900 604.874.9232 From $299,900 Penthouse (PH)
Live Work (LW)
City Home (CH)
SF/LR
604.948.HOME
Call
604.922.0330 604.836.7355
Call From $490,000
604.531.6659 604.531.9030 604.535.9655 604.908.2352 604.536.1663 604.535.1451 778.545.8737 604.582.1336 604-538-8028 ledmac.com/saltaire 604.538.3237
From $288,900 From $339,900 From $229,900 Coming Soon Call From $259,000 Call From $269,900 From $339,000 Call Call
WEST VANCOUVER
Evelyn Galleries on the Bay
LR LR
WHITE ROCK / SOUTH SURREY
Adagio Avra Edgewater Europa Gemini Headwaters Heights, The Morgan Crossing Royce Saltaire Sausalito High Rise (HR)
Mid Rise (MR)
LR HR LR LR LR LR LR LR LR LR LR Low Rise (LR)
Loft (LO)
New homes available throughout
www.macmarketingsolutions.com Metro Vancouver & Calgary We sell the homes you want to buy. /MacMarketingSolutions 94 metro vancouver new Condo Guide apr 19 - may 3, 2013
@MAC_Marketing
/MACMSTube
SAVE THE DATE
BUY IT APRIL 27 PREVIEW TODAY AND PICK YOUR FAVOURITE SUITE COME CELEBRATE WITH US ON SATURDAY,
APRIL 27! DOORS OPEN AT 9AM!
FIRST 1000 VISITORS GET A $25 GIFT CARD*
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NDER 299 HOMES U
EDROOMS FR 2B OM
MS FROM $ ROO 22 D 9 BE
00 ,9
0 0 0 , 9 9 2 $ OF HOMES THAT’S A LOT
,000! UNDER $299 ,900 29 $3
1 T
KINGSWAY
BURKE ST VA N
BOUNDARY RD
ORMIDALE ST
T
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YC JO
NE
SS
CENTRAL PARK
AV E
NOW PREVIEWING AT BOUNDARY AND VANNESS
WALLCENTRECENTRALPARK .COM
604.874.9232 CLOSED FRIDAYS
OPEN DAILY 12-5PM
MANAGED BY
MARKETED BY
*LIMIT ONE $25 GIFT CARD PER FAMILY. SOME CONDITIONS APPLY. PLEASE CALL FOR DETAILS. PRICES SUBJECT TO CHANGE WITHOUT NOTICE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN. E.&O.E.
B
H O T E L
|
R E S I D E N C E S
|
S O C I A L
H U B
g e l
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N D
1
1 bedroom 1 bath starting at 510 sq.ft.
259900
$
2 bedroom 2 bath starting at 875 sq.ft.
399900
$
2013-04-11 11:45 AM
3 Civic Plaza
Surrey’s Urban Future by Susan M Boyce
C
hange is coming to Surrey. That’s big time, dazzling, pure 21st Century change. And right on the leading edge is a sophisticated, über-urban tower that’s poised to redefine Surrey City Centre’s landscape. Its name is 3 Civic Plaza. At the Heart of a New Urban Centre 3 Civic Plaza’s list of unique attributes is an impressive one. As Surrey’s first luxury hotel and residences and the tallest residential building south of the Fraser River, this gleaming tower will become an iconic, third anchor point for Surrey’s brand new Civic Plaza. “This is Surrey’s premier address and a symbol of the only true urban business and residential core outside of the Vancouver,” says
Bill Szeto, Director, Business Development | Residential Marketing and Sales Services with Colliers International. “You’re right at the centre of all the new development — the new City Hall, new library, shopping, and restaurants. 3 Civic Plaza is also the Lower Mainland’s only luxury hotel residence directly on a SkyTrain line. The Sovereign in Burnaby came close and was a great success, but you still had to walk couple of blocks. At 3 Civic Plaza, a station is integrated right into the design.” Cutting Edge by Design “3 Civic Plaza is like nothing else ever built in Surrey,” Bill says. “The building itself will be an icon, a true representation of what Surrey is becoming. Inside, the suites are spectacular — I’ve heard more than one visitor compare finishings to The Fairmont or Shangri-La in Vancouver — but you certainly aren’t going to be paying those prices. I tell people that if you think in terms of cars, you can get some fantastic Toyotas or Hondas, but 3 Civic Plaza is like Mercedes Benz just came to town.” Clearly buyers are responding with enthusiasm. “More than 2,000 people who pre-registered visited our presentation centre in the first
3 Civic Plaza is like nothing else ever built in Surrey. Bill Szeto Experience for Yourself “You really do have to see the display homes and presentation centre to fully appreciate how different 3 Civic Plaza is,” Bill says. “People still think, ‘oh it’s Surrey.’ Then they visit and suddenly they get it — ultra luxurious suites, amazing location, outstanding value. What’s not to like about that combination?” 3 Civic Plaza offers 353 premium residences located just south of 104th Ave. on City Parkway (next to the Surrey Central SkyTrain Station) in Surrey. The 5,000-sq.-ft. presentation centre with two fully furnished display homes is now open 1-6 p.m. every day at 10277 King George Blvd. For more information and to priority register for your private tour, visit 3CivicPlaza.ca or call 604.951.3331. Public sales commence in late May month since we opened for private tours,” Bill says. “The overwhelming response has been that they can’t believe the size and quality they’re getting for the price.” And here’s yet another bonus: height. “At 52 storeys, 3 Civic Plaza is the second tallest residential tower in the Lower Mainland —only Shangri-La is higher,” Bill explains. “But because our residences start at the 15th floor, you’re already significantly above the street meaning you’re going to have some great views.” Connected Community In a dramatic departure from tradition, 3 Civic Plaza’s lobby will be an open, flowing extension of the plaza itself — a space that invites visitors and homeowners alike to pause for a spontaneous coffee, meet friends for dinner and drinks, or simply hang out and enjoy being part of a community that celebrates diversity. Visually anchoring the entire building, this unabashedly grand space will be open, airy, and filled with natural light and activity. Hotel and office levels will share the public parkade being built as part of the new City Hall. Homeowners will access their suites via a secure, residents-only elevator and will have their own secured, private parking. Residents will also be able to take advantage of every hotel amenity — from fitness centre and concierge to room service or housekeeping. So on those nights when you arrive home late, tired, and hungry, you can let someone else do the cooking without even having to walk downstairs for take out.
H O T E L
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R E S I D E N C E S
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S O C I A L
H U B
3 Civic Plaza is undeniably the best hotel-inspired residential opportunity in the best transit-oriented community – the new Surrey City Centre. 3CivicPlaza.ca
Selling Initial Release Late April Reserve Your Home Today PRESENTATION CENTRE NOW OPEN 10277 KING GEORGE BOULEVARD Marketing and Sales by Colliers International Residential Marketing. This is not an offering for sale. An offering for sale can only be made with a disclosure statement. E.&O.E.
3CP Condo Guide Van Insert 2013-04.indd 1
604.951.3331
H