Skip to main content

BC New Condo Guide - Nov 14, 2014

Page 1

Nov 14 - 28, 2014 Volume 04 Issue 23

AN UNEXPECTED ADDITION TO DOWNTOWN LIVING INSIDE THIS ISSUE

FINDING YOUR PERFECT NEW ’HOOD

REVITALIZATION VS GENTRIFICATION

CHOOSING YOUR FLOOR: IS HIGHER BETTER?


GASTOWN ISN’T THE ONLY PLACE WITH RECLAIMED BRICK WALLS. CITI HOMES STARTING AT $389,900.

OVER

80% SOLD

THE STATION The Station is changing the game for accessible living in the Vancouver area. These design inspired, move-in ready homes are within walking distance to the new Evergreen Line and the heart of Historic Port Moody. Starting in the mid 200’s. To truly appreciate the big picture, call or visit us: 2708 St. Johns Street, Port Moody, 604.492.3338

#ARAGONFORWARD

*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.

Aragon Properties Ltd.


105 AVE

156 ST

154 ST

152 ST

104 AVE

Guildford Town Centre

100 AVE

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 3


I LIVE CAMBIE + MARINE CANADA LINE | WESTSIDE LOCATION | VIEWS | ASH PARK

GD N I EN 22N P O R D N MBE A G R OV E N

THE WESTSIDE’S

BEST VALUE • Located beside Ash Park, Northwest is the newest community to join the new South Cambie Village • Directly across from the Canada Line Marine Drive Station • Shopping & entertainment steps from your front door

1 - 3 BEDROOM HOMES FROM 435 - 1,135 sq . ft . REGISTER TODAY 604.325.5151 ONNI.COM

This is not an offering for sale. Any such offering can only be made by way of disclosure statement. Renderings are artists interpretation only. Prices are subject to change without notice. E.&O.E.


GD N 2

DOWNTOWN COQUITLAM

IW RD

AY

G A G LA

COMO LAKE AVE E

RK

RD

LA

LOUGHEED TOWN CENTRE

1

NORTH ROAD

C

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 5


NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 7


TABLE OF CONTENTS

Nov 14 - 28, 2014 VOLUME 4 ISSUE 23

16

ADDITION

Downtown living, redefined BY SUSAN M BOYCE

COLUMNS, NEWS & FEATURES

34 012 EDITOR’S NOTE COLUMNS

020 CONDO SENSE Choosing the right neighbourhood

BY CAMERON MCNEILL

026 HOME SWEET HOME Don’t get spooked! BY LYDIA MCNUTT

034 STYLE FILE The art of showcasing your art collection BY YANIC SIMARD

050 ON THE MOVE Moving with all your technology

084 MONEY MATTERS 10 deadly mistakes to avoid when buying

070 CONDO VIEWS Revitalization versus gentrification

088 BUYER PROFILE Dick and June fall in love with Kensington

BY CHUCK RESNICK

BY STEPHANIE MACDONALD

078 INSIDER ADVICE Is a higher floor a better investment?

BY ANDREW LAFLEUR

BY MARNIE BENNETT

BY SUSAN M BOYCE

IN THE NEWS

059 REBGV REPORT Vancouver’s bouncy fall real estate market


NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 9


Vice-President, Wall2Wall Media

Jacqueline Hill Editor-In-Chief / Director of Content

Susan Legge Director of Sales, National

Josh Heppner Senior Sales Manager, Western Canada

Edwin Rizarri Art Director

Tammy Leung

FEATURE DEVELOPMENT

Editors

Stephanie MacDonald Diane Duflot (on leave)

18

Contributing Editors

Lydia McNutt Sara Duck Wayne Karl

NORTHWEST Grand Opening on Cambie and Marine BY SUSAN M BOYCE

Design Editor

18

Yanic Simard

Media Consultants

Dave Bird 604.319.7102 Brenda Everitt 604.319.7103 Sales Coordinator

CONDO PROFILES 44

Justin Salvador

Production Manager

Bala Gnanapandithan

NOVELLA Be a part of the story

Graphic Designer

44

BY JANINE MACKIE

Miguel Cea, Mike Terentiev Production Co-ordinator

52

Mohammad Haidarpour

SPRING ON KELLY A fantastic Port Coquitlam opportunity

CONTRIBUTING EDITORIAL WRITER

Susan M Boyce

BY SUSAN M BOYCE

Published By

52

HOMEBUYERS’ HELP

MAPS

030 CONDO MARKET WATCH Condominium homes to keep your eye on

014 032 038 042 054 064 066 082 096

BY SUSAN M BOYCE

104 LISTINGS DIRECTORY

Vancouver Richmond Maple Ridge/Pitt Meadows Tri-Cities Burnaby/New West Abbotsford North Shore Surrey/Langley South Surry/White Rock

4180 Lougheed Highway Suite 102 Burnaby BC V5C 6A7 T. 604.519.6080 F. 604.519.6088

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.

ADVERTISING

The views and data expressed by columnists do not necessarily represent those of the publication.


OWN FROM $1,150 / Month* & MOVE IN TODAY!

three

5


EDITOR’S NOTE

THREE GOLDEN RULES OF HOMEBUYING

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

Shopping for a home online is a great way to narrow your search, but there’s nothing like visiting the sites, models and sales offices to get down to the nitty-gritty. Before you venture out, here are some pointers. First, be clear about what you want and expect in a new home and in your builder. Remember, the range of prices in the new-home market generally reflects differences in location, features and home styles. There’s no magic involved. If a builder’s pricing seems out of whack with others in the area, ask for an explanation. Higher prices could mean better quality materials, finishings, features and service. Make sure that the price you are paying will deliver the quality you want. Second, understand exactly what is included with the home you are buying and what is optional. Ask the sales representative to show you samples, and request a “spec” sheet that clearly lists what is included, as well as any upgrade options. Third, evaluate any promises that have been made during your visit. Is the builder prepared to put them in writing? Hearsay comments should not be included as part of your evaluation process. Sit down with your sales representative, ask questions and discuss your Agreement of Purchase and Sale in detail – then take it to a lawyer before it’s finalized.

VANCOUVER’S BIG ISSUE: AFFORDABILITY

STEPHANIE MACDONALD EDITOR

Wall2Wall Media Stephanie.MacDonald@wall2wallmedia.com

12 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

We’ve all heard it a thousand times: Vancouver is the most expensive city for real estate in North America. Though that is the truth according to some measures, Bob Rennie points out that if you remove the top third most expensive residences, the average price for a condo or townhome drops dramatically. So if you’re in the market for a $10 million dollar home, there’s lots of those, but if you’re looking for a one- or twobedroom condo in the city, it’s not so out of reach. One thing that is increasing affordability is increasing density. Both in the city and in the surrounding municipalities developers are offering more housing options at more price points than ever before, meaning that there’s something for every budget. Previously under-appreciated neighbourhoods all over the Lower Mainland are getting new life as well, thanks to an influx of new building and the attendant increase in population, and this is great news for local businesses and communities. Inside this issue, learn more about developers’ committment to improving community amenities, thereby improving the lives of both existing residents and newcomers to the area in a strategy urban planners are calling “revitalization without displacement”. Don’t buy into the hype: look around and you can find the home that fits your lifestyle and your budget.


NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 13


VA N C O U V E R | D O W N T O W N VA N C O U V E R SEABUS

ED

W 49TH AVE

24 E 29TH AVE

18 3

12 1

R MA

IN

ED

E 49TH AVE

R

SE MARIN E

CAMBRIA

8.

RADIUS

13. FRAMEWORK

18. SKYWAY

APERTURE

9.

TOWER GREEN AT WEST

14. ADDITION

19. CITTI

15. JADE

20. NORTHWEST

16. LIDO

21. OPSAL

Cambie & 50th 604.325.2216 Presentation Centre in Oakridge Mall (south entrance, near Kin's Market) 778.616.7008

WALL CENTRE CENTRAL PARK

Boundry Road & Kingsway 604.874.9232

5.

E 12TH AVE

SW AY

15

SW

4.

NG

E 41ST AVE

20

3.

KI

E BROADWAY

E 33RD AVE

2

W 70TH AVE

2.

MAIN ST

QUEEN ELIZABETH PARK

W 57TH AVE

1.

E BROADWAY

23 5 19

E KING EDWARD AVE

W 41ST AVE

R

E 1ST AVE

17

MODERN

1001 Harwood St 604.879.2010

VYA

225 Kingsway 604.559.1070

6.

TATE DOWNTOWN

7.

SAIL

1265 Howe St 604.568.8283

108 - 3479 Westbrook 604.221.8878

4th Ave. & Fir 604.731.5522

195 W. 2nd Street 604.707.9378

10. FOCAL

209 East 7th (Main & 7th) Presentation Centre: 329 E Broadway 604.563.6777

11. KEEFER BLOCK Keefer St & Main St 604.682.8813

12. BOULEVARD PRIVATE RESIDENCES 6493 West Boulevard 604.685.5778

Pender & Main Street 604.620.6223 Hornby & Helmken 604.620.6692 5965 Fraser St 604.338.5233 103 - 110 Switchmen St (near Que and East 1st Ave) 604.872.2672

17. MARQUEE ON THE DRIVE

2250 Commercial St 604.559.2011

DR

BOUNDARY RD

RIN

AVE

VICTORIA DR

MA

19

INAL

MAIN ST

SW

W BROADWAY

W 12TH AVE CAMBIE ST

L AL

W KING EDWARD AVE

PACIFIC SPIRIT PARK

DUNBAR ST

KM

7

W 16TH AVE

W 6TH AVE

OAK ST

OO W

16T

W BROADWAY

8

16 21

OAK ST

W 10TH AVE

VE HA

9 BURRARD ST

ALMA ST

W 4TH AVE

TE R M

CORNWALL AVE

KNIGHT ST

REY RD

5

VENABLES ST

6 POINT G

JERICHO BEACH PARK

LVD

BR ST WE

UBC

E DR

LLOR B

GRANVILLE ST

NCE

ARBUTUS ST

CHA

MCDONALD ST

AR IN

E HASTINGS ST

11

RENFREW ST

4

NW M

13

14

COMMERCIAL DR

BURRARD INLET

2699 Kingsway 604.808.6038 238 W Broadway 604.880.6880 8175 Cambie St. onni.ca 2nd & Quebec 604.876.7333

22. 41 WEST

675 W41sr Ave 41westliving.com

23. INDEPENDANT AT MAIN www.independantatmain.com

24. MERCER BY CRESSEY 3456 Commercial Dr 604.879.6400


VANCOUVER

Suite 2001 · 3 Bed · 1,054 SF

$833,400

“I LOVE MY GOURMET KITCHEN”

Suite 2105 · 2 Bed + Flex · 1,149 SF

$898,900

Suite 1902 · 2 Bed + Flex · 874 SF

$687,900

Suite 604 · 2 Bed + Flex · 871 SF

$647,900

Suite 802 · 2 Bed + Flex · 874 SF

$643,900

Suite 708 · 1 Bed + Flex · 653 SF

$479,900

Suite 205 · 1 Bed + Flex · 610 SF

$394,400

Suite 1805 · 1 Bed · 532 SF

$429,900

Suite 1201 · 1 Bed · 534 SF

$419,900

Suite 805 · 1 Bed · 532 SF

$409,900

Suite 502 · 1 Bed · 620 SF

$362,400

Suite 506 · 1 Bed · 532 SF

$359,900

Suite 301 · 1 Bed · 501 SF

$348,900

AN UNEXPECTED ADDITION TO DOWNTOWN LIVING

ST EN CK LM HE

ST VIE DA

HO RN P BY ST

ST BU RR AR D

Now this is one well-tuned kitchen. European cabinetry by Friul Intagli open from linear grooves, recessed into the matte white lacquered panels. The textured stainless steel counter seamlessly dips into a weld-on sink, centered below a wall-mounted kitchen faucet with a swivel spout. Not to mention the high-performance German appliances, flush-mounted and integrated to be visually clutter-free. Every form and function accentuates a minimal simplicity. It’s unexpected for downtown living, and what I love about Addition.

Suite 503 · 1 Bed · 487 SF

$325,900

Suite 603 · Studio · 492 SF

$305,900

HO R NBY & H E L M C K E N · 16 4 C I T Y H O M E S F R O M $3 4 6 , 9 0 0

604 620 6692 ADDITIONLIVING.COM PRESENTATION CENTRE OPEN DAILY 12-5PM, EXCEPT FRIDAYS · 1149 HORNBY STREET

THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES WITHOUT NOTICE. PRICES AND AVAILABILITY ARE SUBJECT TO CHANGE. RENDERING AND VIEW ARE APPROXIMATE ONLY. E.&O.E.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 15


COVER STORY

ADDITION

DOWNTOWN LIVING REDEFINED // BY SUSAN M BOYCE PSSST… HEAR THAT BUZZ? It’s the sound

of something new, fresh, and distinctly dynamic coming to downtown Vancouver. The name is Addition, the look is eyecatching — an intriguing modernization of the historic brick of the Murray Hotel next door accented by pure 21st Century glass and steel façades with playful pop-outs that give a sense of movement and life. The interior style? Well the word spectacular comes to mind… but that’s still a bit of an understatement. This is downtown living with an edgy new

sense of cosmopolitan sophistication — definitely a space best appreciated in real life. I can’t wait to take a closer look. Smart spaces

“It’s no secret that one way to create more affordable downtown real estate is to make homes more compact— but that absolutely doesn’t mean buyers should have to compromise on flexibility and functionality,” says Edwin Liang, director at Kenstone Properties and the driving force behind this 20-storey residential tower.

16 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

And at Addition they don’t. The display home is a showstopper with a lineal kitchen designed around custom, white matte Friul Intagli cabinetry from Italy and one of the swivel wall-mount faucets I’ve long admired for their sheer elegant simplicity. Then there’s the countertop —a textured stainless steel that’s unlike anything I’ve seen before. As Edwin tells me it’s the first time this material has been used anywhere in BC, I give in to the urge to run my fingers over the surface. Somehow it feels soft yet no-nonsense all


at once. Best of all, it’s scratch resistant, super hygienic, and won’t stain even if I spill red wine on it — which is inevitable in any kitchen I cook in. On my right, I spot two full-height pocket doors leading to the bedroom. To my surprise, even though these are definitely what I’d call industrial-grade in weight, they’re so well balanced all it takes is a soft touch and they slide invisibly away. A TV is suspended in the centre wall meaning I can see it from everywhere in the main living area — kitchen, dining table, even the area just beyond that’s marked as a balcony but I already know is enclosed bonus space on many plans. “And if you like watching movies in bed, all you need to do is pull the cabling through to the other side,” Edwin says. Smart thinking. The bedroom itself maximizes the use of space with built-in, full-height cabinetry on either side of the bed. Like the media wall ad kitchen cabinetry, these are white matte Friul Intagli and, in a stroke of genius, incorporate two recessed book nooks with lighting and even a USB plug — perfect if you’re a midnight reader. On my way out, I spot yet interesting departure from what I typically see in apartment show suites — something I’d missed before. Addition’s storage room is decked out for real storage rather than as a den/office, pantry, or linen closet. “Because we’re so confident our space is flexible enough for owners to find real space for working, we left this room to act the way it was originally intended,” Edwin explains. Love your ’hood

Although I’ve long been a fan of this new neighbourhood, Edwin and I

pause to compare a few notes about the area’s many amenities. In no time we’ve agreed that everything — the Granville Entertainment District, Orpheum Theatre, shopping on Robson Street, the Seawall, AquaBus to Granville Island, Sunset Beach, even BC Place — is within an easy 10-minute walk. And living here, my membership to the Vancouver Art Gallery would certainly get way more use than it currently does. “Even though this is such a central location, it’s a surprisingly low-key neighbourhood,” Edwin notes. “It’s tree-lined, there’s the bike lanes right outside, and there’s no immediate retail or nightlife to interrupt your sleep.” A cool way to stay warm

Before I leave, Edwin shares one final detail for anyone who’s looking for new ways to live a more eco-friendly lifestyle. “Designed specifically for Addition and manufactured by Jaga in Belgium, our heating/cooling system is ultra-efficient and even looks good with removable brushed aluminum grills and galvanized steel casing custom coated to match interiors. It also incorporates occupancy detecting thermostats so when you’re not home, the system automatically powers down. And with this system’s advanced metering technology, you pay for only the energy you actually use in your suite.” Addition offers 164 city homes priced from $349,900. Presentation centre and display home are now open noon to 5 p.m. daily except Fridays on Hornby at Helmcken in downtown Vancouver. For more information visit additionliving. com or call 604.620.6692. NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 17


FEATURE DEVELOPMENT

NORTHWEST

Grand opening Nov. 22nd //BY SUSAN M BOYCE

It’s one of Vancouver’s hottest new neighbourhoods. Connected, convenient and contemporary, the area surrounding Cambie and Marine is poised to become a new commercial hub, and Northwest, which is launching sales Nov. 22nd, will put you right in the heart of everything that makes this neighbourhood so desirable. “This location is amazing,” says Nick Belmar, Onni’s vice president of sales. “There’s an energy, a vibe already developing. And it’s just going to get better over time as all the amenities like Cineplex Odeon, Osaka Supermarket and Shoppers Drug Mart start to open.” A surprise for many, he adds, will be Northwest’s views. “Many homes will have excellent views along the Cambie Corridor to the North Shore Mountains or west to the Gulf Islands.” Bonus. Connected to everywhere

As more and more Vancouverites embrace the one-car or even no-car lifestyle, Northwest’s proximity to transit is another reason Nick anticipates these two towers will attract lots of attention from savvy buyers. “You’re 15 minutes from downtown, four or five to Queen Elizabeth Park, two or three to golf at Langara or shopping at Oakridge,” he says. “And when you want to get to the airport, transit will get you there in about half the time it would take you to just find parking if you drove your car. The value of being right across the street from the Canada Line Marine Drive Station is something people really understand and appreciate.” Prefer getting around on two-wheels and some pedal power? Northwest is at the centre of cycling routes in every direction — including the pedestrian/cycle bridge to Richmond just a couple of blocks away. 18 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


Westside’s best value

“Northwest will raise the bar for value and quality to reflect the fact that these buildings have a Westside address,” Nick says. Integrated appliances, wood cabinetry, marble flooring and accents, double-nosed counters and sleek roller blinds are just some of the details buyers can expect. “Northwest will also be the only new project in this neighbourhood that has a standard high-efficiency heating and cooling system in every home,” he adds. “Plus, we’ll be building to LEED Gold certification standards.” In other words, your home won’t just look good, it will be easy on the environment too.

the area for many years but now want the convenience of a lock’n’go condominium lifestyle. We expect our grand opening to be very busy.” GRAND OPENING NOV. 22ND Don’t miss the highly anticipated grand opening on Saturday, Nov. 22nd. Presentation centre is located at 8151 Cambie Street in Vancouver, and open daily noon-6pm (except fridays). Call 604.325.5151 for more information or visit onni.com.

Building a community

Northwest will be comprised of two concrete towers offering one-three bedroom homes from 435-1,135 sq. ft. There will also be an amenity centre with fitness centre, party room, podium level roof deck, and 24-hour concierge. Northwest will also be home to a 10,000-square-foot, stand alone daycare that Onni will donate back to the City of Vancouver. “It’s been a few years since anything new has come to market in this area, so people have been waiting for this eagerly,” Nick says. “With our range of floor plans and quality finishings, Northwest is going to fit the bill for a diverse range of buyers — first time homeowners looking for an affordable price point, investors and people who’ve lived in

19


CONDO SENSE

// BY CAMERON MCNEILL

NEW BEGINNINGS, NEW NEIGHBOURHOODS in Vancouver is a great example of this. Once an industrial section of Vancouver, River District is now home to hundreds of new homeowners, shops, amenities and public parks. CONVENIENCE AND WALKABILITY

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

L

ife events can trigger the search for a new home which can often mean needing to relocate. Whatever your motivation to move, choosing a new neighbourhood is as important as choosing a new home. Here are some things to look for when researching unfamiliar areas: MASTERPLANNED COMMUNITIES:

For many, living in a brand new master planned community literally means a new beginning. Usually, you and your neighbours are all moving in at the same time and there is a shared excitement as you create a new community together. River District

How important is a convenient location to you? Are you going to have to drive to every destination or can you easily walk to the grocery store, medical offices, restaurants, schools and parks? Can you commute to work easily from this new neighbourhood? PROPERTY TAXES:

Property taxes can be easily overlooked when calculating what you can afford in a home. But the annual taxes can make or break the affordability of an area — especially if you fall in love with a home at the top of your budget. Property taxes are based on the value of the home but the rates that are charged for services vary from city to city. ACTIVITIES AND AMENITIES:

Does this new neighborhood have everything you’re looking for to suit your lifestyle? A young single person with a dog might want a dog park or bike trails within walking distance, plus an active nightlife scene close by. Retired couples and families with children will appreciate a nearby community centre and library. No one neighbourhood will be able to offer

20 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

Choosing the right neighbourhood for you

everything, but just make sure the amenities most important to you are convenient. These are just some of the things to think about when looking for a new neighbourhoood. You will also want to research the quality of schools, community events, crime rates and transit infrastructure. The most important piece of advice is to simply spend time in each neighbourhood over a couple of weekends. Get out of your car, sit at a café or do your weekly grocery shopping and chat to the locals. You’ll quickly have a good feel for if is this is a place you’ll want to call home.


Above all else

#2303

BALCONY

1775 Quebec St. 2 Bedroom + Den $528,800

LIVING MASTER BEDROOM

W.I.C.

2ND BEDROOM

DINING

BATH W/D

ENSUITE

Approx. Indoor: 730 sq.ft.

KITCHEN

DEN

1 2 3

Sales center open Saturday - Thursday 12 pm - 5pm 604.876.7332 opsalliving.com

6

10 ft.

N 02 03

01

04 07 06

05

This is not an offering for sale. Any such offering may only be made with a disclosure statement. The developer reserves the right to make changes to the information contained herein. E&OE.


C

M

Y

CM

MY

CY

MY

K


VANCOUVER

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 23


THE CENTRE OF THE C 3 Bike Routes for a green commute

12 Boutiques with must-have accessories Over 30 Places to Head for Dinner

14 places to find your favourite caffeine fix

CR AFTED LIVI N G CO M I N G EARLY 2015

REGISTER TODAY • INDEPENDENTatMAIN.COM

The Developer reserves the right to make changes and modifications to the information contained herein without prior notice. This is not an offering for sale, any such offering may only be made by way of a Disclosure Statement. E&OE.


E CITY JUST SHIFTED 99 B-Line every 1.5–3 minutes

12 Parks to Chill with Friends


HOME SWEET HOME

// BY LYDIA MCNUTT

DON’T GET SPOOKED

Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets

H

alloween may be over, but if you’re getting into the real estate market this fall, now’s not the time to get spooked by the latest headlines and market predictions. My family recently went through the exciting and nerve-racking experience of selling and buying a home. Luckily, my aches and pains of hosting open houses were short-lived. So was the sweet relief of seeing that Sold sign on the front lawn, soon replaced by fears of buying the right home that met our must-have list – budget and timing included. In a casual chat with a real estate agent about our plan – selling our home first, then buying – he advised me to take the reverse route and buy first. “It’s a sellers’ market,” he said. “Selling won’t be the problem, it’s buying that you should be more concerned about.” Well, the agent was right on one count – our house sold in a matter of days.

by headlines and market predictions

But buying before selling? While the idea of taking our time to house hunt, pack and move appealed to us (my husband are I are both meticulous planners; we had our whole wedding timed, right down to the minute!), the possibility of paying two mortgages simultaneously, or settling for less than list price on our home in the interest of a quick sale, were certainly not in the plan. Ultimately, our comfort level dictated that selling before buying was the way to go. This approach gave us the security of knowing exactly how much equity we had to put toward our new house, and eased any fears of getting stuck paying two mortgages. To us, this peace of mind was worth the risk of possible bidding wars and being beaten out by a bigger, better offer. In fact, we almost expected that scenario. After all, it is a sellers’ market, right? While it’s a good idea to pay attention to the headlines and all the accompanying advice – professional and otherwise – take it with a grain of salt. You can never really predict what will happen in the real estate market, though many may try. Experts guess at where the market is going based on trends and actual data. But while the picture may look a certain way from a national, provincial or city-wide perspective, what happens from one street to the next, from one price range to the next, can differ dramatically. Then factor in your own individual circumstances – family, job, finances. Your guess as to what the housing market holds in your specific situation is very possibly better than anyone’s. Is it a buyers’ or sellers’ market? Will prices rise or drop in the next few weeks while you search for the best home and the best deal? What will happen to mortgage interest rates in the short term? Should you buy now, or wait until this feverish frenzy blows over? Rather than losing sleep worrying about things you can’t predict or control, think about

Rather than losing sleep worrying about things you can’t predict or control, think about your own circumstances and plan your future based on your personal facts your own circumstances and plan your future based on your personal facts. Take an honest look at your financial situation. Review your assets and debts, including mortgage (current and expected payments), car loans, lines of credit, student loans and other bills. Are you secure in your job? Are you planning to grow your family? Will you be taking parental leave from work, and if so, can you afford to pay all your bills on your now-decreased income? Once you figure out what your reality is and where your comfort level lies, you’ll be better equipped to make a decision without being scared off by that recent real estate report you read about, or that story you saw on the news. The key message? Buy when you’re ready for the market, not when the market is ready for you.

26 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


VANCOUVER

better design. bigger homes. T H E NEW FR A M EWORK F O R EAST SIDE UR BA N

studios from $264,900 1+ flex from $319,900 2 Beds from $449,900

231 PENDER

porte.ca/framework 604.620.6223

presentation centre & 1+ flex showhome: 626 main street

favourite features: • private storage on every floor • full size appliances & marble backsplash • parking included* open daily (closed friday) from noon – 5pm

*Parking included in most homes, see sales representative for details. Sales by disclosure statement only, E&O.E. Framework homes are developed by Porte Development and Marketed and sold by Porte and RE/MAX Ken Leong.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 27


VANCOUVER

* 28 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


NEW DISPLAY SUITE OPENING SOON

LIVE DOWNTOWN FROM $327,400. TRANSPORTATION INCLUDED* Don’t miss this unique opportunity to own at 999 Seymour at Nelson. A select group of new urban homes are still available in the heart of downtown Vancouver, where everything is quite literally, at your door. Move in this fall for as little as 5% down.*

CALL 604.879.9996 | 999SEYMOUR.COM * Your new home purchase at 999 Seymour includes a new urban bike and a one year membership to zipcarÂŽ *Prices and incentives are subject to change without notice. The Developer reser ves the right to make changes or modifications to the information contained herein. Completion is estimated for Fall 2014 and subject to change. See sales rep for details. E.& O. E.


CONDO WATCH

CONDO MARKET WATCH Condominium homes to keep your eye on // BY SUSAN M BOYCE

Maxx@Verve Surrey

Wilson Burnaby

ON THE STREET: 13919 Fraser Highway

ON THE STREET: 5977 Wilson

ON THE WEB: porte.ca/verve

ON THE WEB: blueskyproperties.ca

INFO: 604.588.3783

HIGHLIGHTS: Registration is now underway for this 29-storey tower in Metrotown. Brought to you by Bluesky Properties, these homes are anticipated to range from studios to three-bedroom. Great proximity to SkyTrain, Central Park, and cycle routes. Be one of the first to get more information as it’s released. A Robert Bosa Family Company.

Final phase at this popular collection of condominium homes is now selling. Boasting a self-proclaimed sexy city style, this last opportunity includes a range of homes from junior one-bedroom to family-friendly three-bedroom. Priced from just $169,900. Great location just minutes from the King George SkyTrain Station, Surrey Hospital, Holland Park and a diverse array of shopping and eateries. HIGHLIGHTS:

ON THE WEB: canadaroyalgroup.com

ON THE STREET: 5696 Berton Avenue

INFO: 604.231.0588

ON THE WEB: polyhomes.com

HIGHLIGHTS: Okay, this is a bit of a conundrum. The phone number indicates it’s the correct contact for this 16-storey residential tower, but despite repeated attempts, we just can’t get a reply or even access to voice mail. Images on the web look great though, so it’s probably one to keep your eye on if you’re looking for a new condo in the heart of downtown Richmond.

INFO: 604.221.4450

ON THE STREET: 3068 Gladwin Road

HIGHLIGHTS: Outstanding Westside location, this is Polygon’s newest collection of parkside, high-rise apartment residences at UBC. These two- and three-bedroom homes are located adjacent to Pacific Spirit Park in the heart of the dynamic Wesbrook Village neighbourhood. Contemporary, West Coast architecture with bright, open-plan layouts, marble bathrooms, plus gourmet kitchens with stone countertops, custom cabinetry and premium integrated appliances. Large private decks invite outdoor entertaining, and many homes offer stunning views of the Strait of Georgia. Don’t miss this opportunity to experience life on a world-class university campus.

INFO: 604.864.8948 HIGHLIGHTS: Phase two of this loft-style condominium community in the heart of downtown Abbotsford is now previewing and construction of phase one is well underway. Innovative floor plans and a great location near shopping, transit, and restaurants. Best of all, the developer is bringing back their popular initiative to match your five per cent deposit, and you can even finance your deposit from now until completion. In other words, just a few hundred dollars gets you going. Check out the two-level showhome soon.

ON THE STREET: 4755 Garden City Road

The Laureates UBC

Hudson’s Loft 2 Abbotsford ON THE WEB: hudsonsloft.ca

Altis Richmond

30 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

Tell Us Your News Got a new development, opening, or other news you’d like us tofeature in Condo Market Watch? Drop us a note at condomarketwatch@wall2wallmedia.com, and we’ll do our best to get it in the next edition.


Above all else

#2305

1775 Quebec St. DINING

MASTER BEDROOM

2 Bedroom + Den $558,800

LIVING

BALCONY

ENSUITE

KITCHEN

2ND BEDROOM

ENCLOSED BALCONY

BATH W/D

Appox. Indoor: 815 sq.ft.

DEN

1 2 3

Sales center open Saturday - Thursday 12 pm - 5pm 604.876.7332 opsalliving.com

6

10 ft.

N 02 03

01

04 07 06

05

This is not an offering for sale. Any such offering may only be made with a disclosure statement. The developer reserves the right to make changes to the information contained herein. E&OE.


R IVE

KNIGHT ST

99 VANCOUVER INTERNATIONAL AIRPORT (YVR)

R DR

RD | TSAW WA SSE N RR R I C H M O N D | D E LTA | L A D NEE

ER

RICHMOND

DR

NO 3 RD

Richmond Hwy

CAMBIE RD

Westminster Hwy

g

ALDERBRIDGE WAY

LANSDOWNE PARK MALL

RICHMOND NATURE PARK

99

RICHMOND CENTRE

GRANVILLE AVE

NO 4 RD

GRANVILLE AVE

R DR

91

NO 6 RD

NO 5 RD

SHELL RD

GARDEN CITY RD

R KE BA RU SS

NO 4 RD

WESTMINSTER HWY

RICHMOND NATURE PARK

CAMBIE RD

R IVE

CAMBIE RD BRIDGEPORT RD

GRANT MCCONACHIE WAY ALDERBRIDGE WAY

LANSDOWNE PARK MALL

RICHMOND CENTRE

NO 6 RD R IV

A5

GRANVILLE AVE

99

W AY

NO 3 RD

A2

NO 5 RD

GARDEN CITY RD

W AY R KE BA SS RU A3

WESTMINSTER HWY

CAMBIE RD

VANCOUVER INTERNATIONAL AIRPORT (YVR)

A4

SHELL RD

BRIDGEPORT RD GRANT MCCONACHIE WAY

KNIGHT ST

R IV

Richmond Hwy

91

Westminster Hwy

GRANVILLE AVE

99

BLUNDELL RD

ive r

NO 6 RD

se rR

ive r

Fr a

se rR RI

W AY

RD

RD

RO 47TH AD

41ST B ST

OV E

A AVE

48TH AVE

53RD ST

ER

R IV

GR

U R DR

AC H

17

W

A5. ELLE

A4. TEMPO

A6. THE GARDENS

U R DR 17

28TH AVE

ENGLISH BLUFF RD

Steveston Hwy & #5 Rd 604.271.3331 53RD ST

7720 Alderbridge Ave 604.276.8885

6511 Buswell St ellerichmond.com

41ST B ST

5171 Brighouse Way 604.233.2633

56TH ST

28TH AVE

A3. RIVER GREEN

ARTH

Oval Village 5640 Hollybridge Way 604.276.8683

BU

ARTH

CE M ETE RY

ER

R IV

RI

Y WA

A2. CADENCE BY CRESSEY

12TH AVE

56TH ST

6TH AVE

32 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

62ND B ST

48TH AVE

W RD

VE

R

N KSO BE

RICHMOND Presentation Centre No 3 Rd and Bennet 604.278.3939

B ST

NO 3 RD

JAC

SOUTH DE LTA PAR K

BOU N DARY BAY R EG IONAL PAR K

72 AVE

A1. HARMONY

BU

17

47TH A AVE

56 ST

8A AVE

8A AVE

74 AVE

R62ND RD

RD R VE RI EL RD O N

ST

12 AVE

53A ST

75A AVE

RD

RD

55 ST

53A ST

113 ST

R

115 ST

ED

D E LTA

75 AVE

12 AVE

119A ST

CHALM E R S PAR K

OR

DE LTA NATU R E R E S E RVE

YM RR

DR

78B AVE

BA

IC A

MONROE DR

116 ST

N

118 ST

O

52 ST

M

112 ST

NT A

DEAS ISLAND REGIONAL PARK

G RAU E R PAR K

B EACH G ROVE GOLF C OU R S E

80 AVE

SA

LADNER

C OAST TSAW WAS S E N I N N

MACK I E PAR K

ENGLISH BLUFF RD

BL VD

SCOTT RD

E

y

NORDEL WAY

is Hw

c Anna

91

82 AVE

80 AVE

IR

55

TSAW WAS S E N GOLF CLU B

W

I LT SH

AVE FINN 18 RD

DEAS ISLAND REGIONAL PARK

VE

112 ST

NO 3 RD

17

S P LAS H D OW N PAR K

84 AVE

R IV

FINN RD

TSAW WA S S E N

56 ST

90 AVE

NORTH DE LTA PAR K

ER

Steveston Hwy

52 ST

116 ST

MONCTON ST

R IV

MONCTON ST

GARRY POINT PARK

96 AVE

GARRY POINT PARK

ER

Steveston Hwy

A6

Steveston Hwy

NO 5 RD

SOUTH ARM PARK

Fr a

Steveston Hwy

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

R


VE

91

RR

UR

NS

D

DR


DESIGNER ADVICE

THE ART OF ART // BY YANIC SIMARD // PHOTOS BY TED YARWOOD

FRESHLY PAINTED WALLS ARE BEAUTIFUL, but hanging artwork truly takes the look of your space up a notch. It’s like the icing on the cake – it’s plain and bare without it. Choosing artwork can be a big challenge if you don’t have any idea of what you want, so I’ve assembled some tips that you might find helpful.

Do your homework

I would highly suggest taking some time to do a little background research on the different styles and artists that are out there. The more knowledgeable you are, the better you’ll feel when making your purchase. If you go into the whole experience blind, you might come out of it wondering if you made the right choices.

34 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


Photography versus painted

You really can’t compare photography and painting – choosing which one suits you is more of a personal preference, though you can definitely mix both in your interior setting. If you’re planning to do more of a grouping or gallery style, I would suggest sticking to one type. Stay open minded

When you’re buying art, try not to have anything particular in mind besides the size you need and possibly the colour scheme. There are two schools of thought around art and colour schemes – either that you want it to blend or you don’t (which is another personal preference). The only thing you don’t want

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 35


is for the piece to look forced, because then it will look awkward in the space. Most of the time, you’ll go into a gallery thinking you want one thing and spend time searching for it, but in the end you’ll actually leave with the complete opposite. Look local & abroad

If you’re trying to find something with a story behind it, do a quick search of local artists/ photographers; if you go on vacation, do the same thing before you leave. Connecting with the individual who created the art and hearing the history behind it first-hand is a really cool experience. My design firm, Toronto Interior Design Group, recently had a piece of artwork commissioned by the exceptional Canadian artist Tony Koukos. I had something specific in mind, and the piece turned out just as beautifully and perfectly as I had imagined. Our clients absolutely love it, especially because of the story behind it. Artwork is always a conversation piece, and looking both locally and abroad will help make it even more of one. A feel-good investment

If you leave the shop with a smile on your face, feeling happy about what you purchased, whether or not you purchased a piece from a world-renown artist shouldn’t matter. Hanging the art

There is as much of an art to hanging the art as the art itself. You want to make sure that the height you hang it at is just right, to avoid creating unnecessary and irritating-to-the-eyes holes in the walls. The general rule of thumb is to have the centre of the artwork (or the grouping of artwork) at eye level. If it’s meant to be viewed while seated, it should be hung at the eye level you have when you’re sitting down. Framed or unframed?

We all know that framing can cost a fortune – and can sometimes take away from the artwork itself. The idea behind framing is that you want to enhance the beauty of the piece. You might want to try hanging it without a frame first – to decide if it even needs one, or to help decide on what type/scale/finish of frame to go with. When it is within its surroundings, it’s easier to determine what to do with it. 36 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

YANIC SIMARD is the design editor of New Condo Guide and principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Yanic often applies his signature high/low and old/new combination design techniques in developing unique interiors. Yanic has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca.


SEARCH MATCH POST

Vancouver, BC

DOWNLOAD NOW AND FIND YOUR NEXT HOME

RentersGuide.ca


VI

CT

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

DEWDNEY TRUNK RD

228TH ST

224TH ST

4

227TH ST

123RD AVE 203RD ST

DEWDNEY TRUNK RD

1

HAMMOND RD

240TH ST

PITT M EADOWS

S BONSON RD

207TH ST

AIRPORT

R IVE

R RD

2

3

116TH

248TH 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.

SIGNATURE AT FALCON CENTRE

11862 226th Street 604.477.1500

2.

REFLECTIONS ON THE RIVER

3. 4.

RIVERS EDGE

11580 223 St. 604.318.5254

MEADOWS POINTE

20331 Dewdney Trunk Rd. 604.807.2423

22327 River Road 604.477.1500

38 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

JAC KS O

ed

ghe

Lou

N

DR MACLU RE

240TH ST

OTTAWA ST

PITT MEADOWS | MAPLE RIDGE


PITT MEADOWS/MAPLE RIDGE

Maple Ridge’s Best Choices for Condominium Living

KANAKA CREEK REGIONAL PA R K

272ND ST

D

LUXURY WITHIN REACH

MOVEMENT IS LIFE

Over-sized Windows • Expansive Living Spaces • Upscale Finishes Customizable Plans • Convenient Downtown Maple Ridge Location Close to Shopping and Recreation

Water Views • Large Outdoor Living Spaces • Over-sized Windows Spacious Kitchens with Gas Ranges • Exquisite Bathrooms Over-sized Tile Surround Shower • Walking Distance to West Coast Express

DEWDNEY TRUNK RD PRESENTATION CENTRE

AT FALCON CENTRE

LOUGHEED HIGHWAY

A BOUTIQUE COLLECTION OF 23 CONDOS UP TO 1,540 SQ FT IN DOWNTOWN MAPLE RIDGE

ER RD

V

ER

YB

YP

AS

S

ER R

D

604.477.1500 www.signaturefalconcentre.com

Craftsman Inspired Homes Amazing Interiors • Outdoor Living Spaces Close to Kanaka Creek Regional Park

7 HA

FR

NE

AS

ER

RI

VE

R

YB

N

RI

RIV

SIO

NE

R

Presentation Centre open daily noon - 5pm 101-11882 226 Street, Maple Ridge

MIS

N

SIO

MIS

HA SE

N

223

7 N

RIV

A

DOWNTOWN MAPLE RIDGE

LOUGHEED HIGHWAY

ONE, TWO AND THREE BEDROOM CONDOS UP TO 1,530 SQ FT IN A VIBRANT WATERSIDE COMMUNITY

VANCOUVER

VANCOUVER

FR

DEWDNEY TRUNK RD

222 ST

226 ST

222 ST

DOWNTOWN MAPLE RIDGE

YP

AS

S

Presentation Centre open daily noon - 5pm 22327 River Road, Maple Ridge

604.467.0692 www.reflectionsliving.com

New Showhomes open daily noon - 5pm

www.wynnridge.ca

11007 Harris Drive, Maple Ridge • 604.466.6388

For more than thirty years Falcon Homes has been designing and building exceptional residential and commercial projects in the Lower Mainland. We pride ourselves on our commitment to quality construction and our dedication to building communities.

604.941.2092

falconhomes.com

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 39


PITT MEADOWS/MAPLE RIDGE

W NO ING!! L SEL

1, 2 & 3 BEDROOM SUITES 584 - 1347 sq. ft.

From $189,900

LIFE’S PIVOT POINT FURNISHED SHOW SUITE OPEN DAILY 12 - 4pm (except Fridays) 20331 Dewdney Trunk Rd, Maple Ridge

604.807.2423 www.meadowspointe.ca

At the pivot point of Dewdney Trunk Road and 203 Street, this livable low-rise sets the perfect example of life in the right direction. • Stunning Mountain Views • Designer Kitchens • Heated Bathroom Floors • Minutes to West Coast Express • Walking distance to shopping and amenities Developed by

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 41


LV D KW AY B

UB TEA PLA

COAST MERIDIAN RD

RIDGE PARK

ET R

EE

WA Y

PA R

LVD

COQUITLAM | PORT COQUITLAM | PORT MOODY | PITT MEADOWS

LA NS BL VD DOW

NE

C1

V

VICTORIA DR

DR

Barnet Hwy

ST JOHNS ST

A4

COQUITLAM CENTRE

LINCOLN AVE

DEWDNEY TRUN K RD PRAIRIE AVE LD

R

BR

SY

T UNE

DAW ES

Lou

ghe

ed H

HN

ES

VE TE A

H IL LR

SH

Hwy

ug

KI

heed

AUSTIN AVE

MUNDY ST

A7

MARI NE R WAY

MUNDY PARK

A2

AUSTIN AVE

Lo

B3 B4

AU G

B1

NG

he

ed

SW AY AV E

Hw

DOMINION AVE

y

B2

Loug

COMO LAKE PARK

LINTON ST

SMITH AVE

GATENSBURY ST

BLUE MOUNTAIN ST

AR CL

DEWDNEY TRUNK RD

DEWDNEY TRUNK RD

Lo

ug

D

COLONY FARM REGIONAL PARK

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. CROWN

520 Como Lake Ave Presentation Centre #104 - 522 Clarke Rd 604.939.8868

A2. CHARLAND

102 - 1020 Austin Ave. 604.492.3388

A3. UPTOWN2

bosaproperties.com 604.939.2677

A4. THE WINDSOR 3096 Windsor Gate 604.871.4470

123RD AVE

DEWDNEY TRUNK RD

HAMMOND RD

A5. REGAN'S WALK Sales Centre #408 - 552 Clark Rd. Burquitlam Plaza 604.492.0222

A6. NEST

638 Regan Avenue 604.492.4123

A7. HAZEL

827 Roderick Ave 604.937.2599

A8. COMO

Como Lake Ave & Clarke Road 604.936.0336

42 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

HARRIS RD

NORTH RD

A1

OTTAWA ST

MA

KE

RD

A3 COMO LAKE AVE A5 A8 A6

ER

ST

TH

DR

210TH ST

PIONEER MEMORIAL PARK

IA

PORT COQUITLAM

PORT MOODY

B1. ORCHID

C1. THE STATION

2455 Wilson Ave. 604.866.4206

B2. FREMONT GREEN

Fremont Connector www.mosiachomes.com/fremont-green

B3. PRIMA

#110 - 2255 Wilson Ave 604.945.3999

B4. SPRING ON KELLY 2214 Kelly Ave. 778.809.3488

2708 St JohnsGOLDEN St EARS BRIDGE St Johns & Moody St 604.492.3338

207TH ST

INLET PARK

TA IN

R TO IC

203RD ST

ROCKY POINT PARK

UN

AVE

S BONSON RD

y

w H

SHORELINE PARK

DAV ID

TOWN CENTRE PARK

HARRIS RD

MO

CEDAR DR

R IT AG E

COAST MERIDIAN RD

D

JOHNSON ST

et rn Ba

OR

HE

PI N

DAVID AVE IOC

R IVE

R RD


COQUITLAM/PORT COQUITLAM/PORT MOODY

n

Orchid Riverside Condos H 116T

DERBY REACH REGIONAL PARK

from

AVE

$188,900 A KAN

WAY KA

272ND ST

248TH ST

240TH ST

110TH AVE

108TH AVE

E DR MACLUR

ed

ghe

Lou

N

Orchid’s carefully crafted layouts showcase urban contemporary design inside and out 104TH AVE with everything you love at your doorstep. 102TH AVE You’re only steps from the river, adjacent to the Traboulay PoCo Trail and a 5-minute walk from the West Coast Express. On-site amenities include 3 fitness rooms, a yoga studio, sauna, theatre room, pet washing room and a bicycle workshop... to name just a few. JAC KS O

R RD

KANAKA CREEK REGIONAL PARK

DEWDNEY TRUNK RD

240TH ST

R IVE

228TH ST

WDNEY TRUNK RD

232RD ST

124TH AVE Artist’s rendering: Orchid front view, Building 1

227TH ST

3RD AVE

224TH ST

216TH ST

210TH ST

224TH ST

io t c u r d! t s n Co Starte

PRESENTATION CENTRE:

y

Hw

Open Daily Noon - 6 PM (except Fridays) Traboulay PoCo Trail

er m Riv

la

it Coqu

Orchid Presentation Centre

Gates Park

2455 Wilson Avenue, Port Coquitlam Occupancy 2015

WE ACCEPT DEPOSITS PAID BY: Cheque • Credit Card • Bitcoin Quantum Properties, a British Columbia company, has been developing properties and constructing multi-family residential and commercial buildings since 2000. The Quantum Properties Group of Companies includes Quantum Realty and Quantum Properties Construction. Marketed by Quantum Realty Inc. and Trevor Street PREC, Keller Williams Elite Realty. 778.846.9096. 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.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 43


CONDO PROFILE

NOVELLA

Be a part of the story //BY JANINE MACKIE

y

ou don’t have to be a literary genius to hang your hat at Novella. Sure the one, two and three-bedroom floor plans are cleverly named after noteworthy writers like Atwood, Hemingway and Dickens, but the real genius behind this concrete mid-rise built for discerning buyers is its plot. “The details are what we feel set us apart.” says John Ritchie, president and owner of Springbank Properties. “Rooms that actually fit furniture. Smart storage solutions. Efficiency in the way buyers are going to move about their home. Kitchens that are not only beautiful, but functional and provide enough storage to accommodate the lifestyle buyers are looking for.”

WALK THIS WAY: 5 minute stroll to new Evergreen SkyTrain Station

The setting in West Coquitlam – one of the Lower Mainland’s dynamic and growing transit neighbourhoods, offers homeowners just the right blend of urban convenience and suburban calm. Walk to Burquitlam Park for a game of tennis, head downtown on the new Skytrain or enjoy the 44 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

convenience of neighbourhood grocery stores. The time seems ripe to invest in this burgeoning neighbourhood. “We were the first developer to build in this community. We did so because we were impressed with its potential,” says Ritchie. “We like that the neighbourhood plan includes a wide variety of housing and is close to the core where our buyers will be able to walk to all of the shops, restaurants and community services but also located on a quiet, residential street where relaxing evening strolls through the neighbourhood are still possible.” Novella is in every sense a boutique development. Rising seven storeys above street level, it incorporates concrete, glass and stone elements in its design. The landscaped entrance, beautiful greenway and communal courtyard all serve to enhance the experience of living at Novella. COOK WITH THE BEST: Bertazzoni and Fisher & Paykel appliances

High-end penthouse-quality finishes dress the homes from the ground floor all the way to the seventh floor. Bertazonni gas ranges and Fisher & Paykel counter depth fridges are among a few of the bespoke appliances to keep an eye out for. All great masterpieces take time to be well crafted – Novella’s expected completion date is fall 2016. Register today at novella.ca for an opportunity to tour the display home at 3355 North Road or call 604-563-5777.


COQUITLAM/PORT COQUITLAM/PORT MOODY

77 BOUTIQUE HOMES

R E D E F I N I N G W E S T C OQ U I T L A M Inspired by a collection of stories and truly unique in design, Novella is a boutique concrete mid-rise built for the discerning buyer. Intelligent 1, 2, and large 3 bedroom homes have been thoughtfully designed to make use of natural light, and feature stunning interiors, bespoke appliances and exceptional quality. Nestled on a quiet street and walking distance from Burquitlam Station on the new Evergreen Line, Novella’s 77 homes are designed exclusively for you and whatever your next story holds.

Register now at

NOV E L LA .CA B E A PA R T O F T H E S T O R Y

CAMERON ST A U S T I N AV E

NORTH RD

Coming Soon VIP PREVIEWS B Y A P P O I N T M E N T O N LY SALES CENTRE 170-3355 N O R T H R D, B U R N A B Y 604.563.5777 I N F O @ N OV E L L A .C A

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

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 45


COQUITLAM/PORT COQUITLAM/PORT MOODY

RUN, DON’T WALK DON’T MISS YOUR CHANCE TO OWN AT REGAN’S WALK.

13 HOMES ONLY

REMAIN

E LAKE AV

REGAN AVE

BURQUITLAM STATION

RD

NORTH RD

Move-in April 2015. A perfect location steps to new Burquitlam SkyTrain.

COMO

CL A RK E

SAVE

$3,000 ON 1 BEDS & 1 BEDS + DENS $7,000 ON 2 BEDS & 3 BEDS

SALES CENTRE

SMITH AVE

COTTONWOOD AVE

SALES CENTRE + DISPLAY HOME Burquitlam Plaza, 408 – 552 Clarke Rd., Coquitlam. Open Daily Noon – 5pm (except Fridays) Prices correct at press time and are subject to change without notice. E.& O.E.

604.492.0222 REGANSWALK.CA 46 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

Marcon Regan Homes Ltd.


COQUITLAM/PORT COQUITLAM/PORT MOODY

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 47


COQUITLAM/PORT COQUITLAM/PORT MOODY

48 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


Register at CrownByBeedie.ca | 604.939.8868

FUTURE SKYTRAIN STATION

PRESENTATION CENTRE


MAKE YOUR MOVE

// BY CHUCK RESNICK

TECHNOLOGY ON THE MOVE

L

Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca

During a move, whether it’s across town or across Canada, it is important to give these items special treatment so they arrive in one piece and in good working order

et’s face it, your electronic devices make the world go ‘round. Being in the moving business, we realize how important those items are to families. One of the most common questions we get is how to transport electronics safely, especially big-screen TVs. During a move, whether it’s across town or across Canada, it is important to give these items special treatment so they arrive in one piece and in good working order. The best advice we have for accomplishing this goal requires some forethought: keeping the original boxes and foam spacers the electronic items came in. That is truly the safest method for moving them. Of course, people rarely keep these boxes, so there are specialty boxes and crates designed specifically to move big-screen TVs safely. People who do their own packing and moving should be aware of how easy it is to damage one of these units. Spending a few dollars extra to purchase or rent one of these special boxes can make all the difference. Another thing to remember is that most of these television sets are mounted on wall brackets, and moving companies are reluctant to disassemble the wall mounts or assemble them at the other end. Usually, if something is going to go wrong, that’s when it will happen – and again, people rarely keep the installation instructions for the brackets. It’s far too chaotic on moving day to try and find instruction manuals. The best plan when preparing for your move is to take the TVs off the walls yourself ahead of time and have them ready to be packaged properly. Here’s a tip for anyone disassembling electronics for a move: get your digital or phone camera and take photos of the wiring connections on the backs of the TVs, cable boxes, DVD players and the like. When it comes time to reassemble them, it will be much easier to reference how they were set up originally, saving time, stress and frustration. The same goes for stereos and gaming systems. Many teenagers leave their entire gaming systems hooked up until moving day. It’s up to them to disassemble their systems and hopefully place them into their original packaging. If not, the best thing to do is wrap consoles in anti-static bubble wrap and place them into appropriately sized boxes so they won’t move around during the trip. In fact, this is the best way to treat most electronics. That includes computers – especially desktop units. We have specialty boxes designed specifically for them that can be bought separately. If you choose not to go that route, then surround the unit with anti-static bubble wrap and place it into an appropriately sized box. And here’s a handy tip: pack the associated hardware with the electronic item. For instance, place your computer’s mouse, keyboard, power cord, scanner and printer cables into the same box. When these items all arrive together at your new digs, you’ll be very glad you did!


nO nEED TO wAIT, movE-in ToDAY!

onlY 16 HomES REmAin Reap the rewards of investing into the Burquitlam corridor. Located just a few blocks from the future Burquitlam SkyTrain station, it’s no secret that this area is expected to follow in the same price trends as Metrotown and Brentwood. Since the opening of the Millennium line in 2002, housing prices have doubled in these areas*! You don’t want to miss out on an opportunity like this. Invest into your future with a home that’s central, stylish and smart. Prices and incentives are subject to change or be withdrawn without notice. Data is derived from MLS and reflects the average price of condominiums within .5KM of the two selected SkyTrain stations. See a sales representative for details. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. www.fifthave.ca

y Hw d ee gh Lo u

Como Lake Dr.

STUDio, onE AnD TWo BEDRoom ConDoS FRom $199,900.

North Rd.

Display Home Open Daily (Closed Fridays) 12PM – 5PM on-site at 630 Como Lake Drive. 604-936-0336

Comoliving.Com


CONDO PROFILE

PEOPLE ARE OFTEN SURPRISED BY SPRING’S PROXIMITY TO AMENITIES LIKE SCHOOLS, PARKS, AND TRANSIT. CHARMAINE BETCHER

SPRING ON KELLY Port Coquitlam Opportunity

i

// BY SUSAN M BOYCE

f you’re thinking location, location, location, here’s a news flash you’re going to want to follow up. Spring on Kelly is officially open in the heart of one of my favourite neighbourhoods, Port Coquitlam. There’s a charm to this community, a friendly outgoing ambiance that perfectly blends traditional, old world charm with the sophistication of contemporary design. You could say it’s the best of all worlds. Close to What Counts “People are often surprised by Spring’s proximity to amenities like schools, parks, and transit,” says project marketer Charmaine Betcher. “But really, it’s easy getting everywhere — even downtown Vancouver because you’re barely four blocks from the West Coast Express and a couple of blocks from a bus stop.” She doesn’t have to add that you can be on Highway 1 in about 15 minutes or take Barnet Highway — a scenic alternative. I confess I’ve also had a longstanding love affair with PoCo’s easy access to the Traboulay Trail, a 25-kilometre loop that’s great for biking or walking. And after all that exercise, why not celebrate with friends at one of the many local eateries? Earl’s, Samz Neighbourhood Pub, Me’n’Ed’s pizza — the choices are mouthwatering and diverse.

they’re all going to want to check out your new digs, right? Stain- and scratch-resistant quartz counters, dramatic tile backsplash, stainless steel appliances and massive centre islands sure to become a social hub — these culinary centres are all about intelligent design and good looks. “Decks and balconies are extra large because here on the West Coast, we love spending time outdoors,” Charmaine adds. “Plus, with a choice of mountain or park views, it’s like you’ve just extended your living space into nature. And you should see the sunsets from some of these homes.” Be Home for the Holidays And here’s one final enticement. Every home at Spring on Kelly is move-in ready. That’s right, you could be settled into your new home in the time to celebrate the upcoming holiday season — one call to the moving company is all it takes. Starting November 1st, the Spring on Kelly presentation centre and two brand new display homes will be open noon to 5 p.m. daily except Fridays at 2214 Kelly Avenue. One-bedroom and den as well as two-bedroom homes

Interior Delights Inside, Spring on Kelly brings an urban sense of style to the ’hood. Gourmet kitchens are ready to help you wow friends and family — after all you just know 52 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

available. Priced from $215,900. For more information visit springonkelly. com or call 778.809.3488.


COQUITLAM/PORT COQUITLAM/PORT MOODY

ON KELLY

SPRING COMES EARLY TO POCO

KELLY AVE. WELCHER AVE.

REEVE ST.

HAWTHORNE AVE.

PITT RIVER RD.

SPRING SHAUGHNESSY ST.

GATES PARK

BOUTIQUE BUILDING Situated in the heart of Port Coquitlam and steps away from shopping, restaurants and the West Coast Express. Spring On Kelly is surrounded by nature, minutes away from Gates Park and the Coquitlam River. Step into Spring and make yourself at home.

NOW SELLING SALES CENTRE OPEN DAILY 12-5 EXCEPT FRIDAY

1 Bedroom + Den & 2 Bedroom homes, starting from $215,900

2214 Kelly Avenue, Port Coquitlam

springonkelly.com | 778 809 3488

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 53


BU R NABY | N E W WE S TM I N S TE R NEW WESTMINSTER

BARNET MARINE PARK

ED

GA GL

R

AR

SQUINT LAKE PARK

U

DI

ROYAL OAK AVE

WILLINGDON AVE

WA Y

E

B2. PARKSIDE AT VICTORIA HILL

AR

GL GA

D

AY IW

A10

A6

LOUGHEED MALL

BURNABY LAKE REGIONAL PARK

DEER LAKE

DEER LAKE PARK

B4. VICEROY

CB

RI DE

ROYAL OAK AVE

M

H ST

D

B2

QUEEN’S PARK

210 Salter St 604.520.9890

B6. GLASS HOUSE 220 Salter St 604.520.9890

B7. TRAPP & HOLBROOK 702 Columbia St 604.525.0223

ST

DR

E

ST

NELSON AVE

500 Royal Ave 604.525.8980

H

S

IN

8 D

B4 8T

TH

AR

BRAID ST

E AV

AN

E AV

10

M

MAR IN

R WA

DS

O

AY NW

E AV L B3 YA RO B7 B1

E ST

R

DUNCAN ST

E WAY YD BO

ST

A6. NOVELLA

BOUNDARY RD

A3. AVIARA

AY TW

A5. BRENTWOOD

E AV

EN

A2. REDBRICKS

5021 Kingsway 604.456.0688

EN

EW

RW

A4. MODELLO

DE

A1. STORYBROOK

Griffiths Dr & 14th Ave 604.527.7955

B3. DOMINION

6T

TH

FI

MARIN E WA Y

E AV

6

IF SOUTHRIDGE DR

E AV TH

A1 A2

TH

RL

H

8T

DR

TH

E AV

10

BE

IMPERIAL ST

MAR IN E

7173 Stride Ave 604.528.8906

E AV

M

WA Y

PE

TH

16 AY W

IMPERIAL ST

IM

RI

ST

A AD

GS

AL

N CA

KI N

D ST

CU

OAKL AN

BURNABY

295 Francis Way (Royal Ave & McBride) 604.523.0733

B5. DUO

AD AW AY

METROTOWN

PATTERSON AVE

DR

608 Belmont St 604.522.2583

A4

1710 Gilmore Avenue 604.291.9130

ITY

AUSTIN AVE

GILLEY AVE

BOUNDARY RD

SPROTT ST

GR

SE MARINE DR

RS

Lougheed Hwy

CA N

A7 49TH AVE

E N IV

RD

EYS TON

BROADWAY

CENTRAL PARK

18 Begbie Street 604.523.0081

KE

GR

BURNABY MOUNTAIN GOLF COURSE

BCIT

B1. NORTHBANK

W

AR

BRENTWOOD MALL

CLIFF AVE

A5

UN IVE RSITY DR

A8 SFU A9

SPERLING AVE

A3

HOLDOM AVE

WILLINGDON AVE

HASTINGS ST

Barnet Hwy

NORTH RD CL

INL ET

DR

CONFEDERATION PARK

BURNABY MOUNTAIN PARK

theamazingbrentwood.com 604.563.8386

170 - 3355 North Rd 604.563.5777

54 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

A7. STATION SQUARE

A9. LIFT

A8. ALTITUDE

A10. CROWN

4670 Assemble Way stationsquare.ca

89955 University High Street 604.456.8883

9350 University High Street, 604.320.3386 Presentation Centre #104 - 552 Clarke Rd 604.939.8868


GSW AY

PRESENTATION CENTRE

NELSON AVE

T

MARLBOROUGH AVE

KIN

BER ESF OR DS

ROYAL OAK AVE

WIL LIN GD ON A

VE

BURNABY/NEW WESTMINSTER

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 55


8S

T

CO

RIVER MARKET

NEW WESTMINSTER STATION

T

TS

T

ON

AS

FR

BI T

6S

M LU

FLOOR-TO-CEILING WINDOWS TO TAKE IN THE STUNNING VIEWS

5 PIECE DESIGNER APPLIANCE PACKAGE

WIDE-PLANK LAMINATE FLOORING THROUGHOUT

*Ask our Sales Staff for details. Pricing, sizing and availability are subject to change. Renderings and photography are approximate only. The developer reserves the right to make changes to the information contained herein without notice. E.&O.E.

604 525 0223 THLIVING.COM

TAILORED KITCHEN WITH BREAKFAST BAR

PRESENTATION CENTRE: 702 COLUMBIA STREET, NEW WESTMINSTER OPEN DAILY 12-5PM, CLOSED FRIDAYS OR BY APPOINTMENT

SHAW 1 YEAR INTERNET + CABLE + DVR FOR FREE!

OUR VIEWS*

AVAILABLE TO SEE

CONSTRUCTION TOURS

LIMITED NUMBER OF

SLIDING GLASS WALL PANELS FOR FLEXIBLE LIVING

PORCELAIN TILE FLOORS AND TUB SURROUND

THE LOWER MAINLAND’S SMARTEST ONE BEDROOM HOME *

BURNABY/NEW WESTMINSTER

T

56 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

2014


O Fr Wn O M a 2 Ju O b st nL Ed y 5% $1 HO dO 8,2 ME W 45 n! -

L i M i t E d t i M E , L i M i t E d q ua n t i t y d O u b L E yO u r s aV i n g s !

M OV E i n s O O n . » BEST HIGH-RISE vALUE IN THE LOwER MAINLAND » ENDLESS vIEwS FROM THE SUMMIT OF BURNABy MOUNTAIN » UNSPOILED NATURAL TRAILS » DOwNTOwN vANCOUvER IS jUST 25 MINUTES AwAy » ALTITUDE IS CONNECTED ON EvERy LEvEL – AND IT’S wELL wITHIN yOUR REACH

P R E S E N TAT I O N C E N T R E N O w O P E N 604.456.8883 H U N G E R F O R D P R O P E R T I E S . C O M /A LT I T U D E S A L E S C E N T R E | 8 9 5 5 U N I v E R S I T y H I G H S T, B U R N A B y THIS IS NOT AN OFFERING FOR SALE. ANy SUCH OFFERING CAN ONLy BE MADE By wAy OF DISCLOSURE STATEMENT. PRICES AND AvAILABILITy ARE SUBjECT TO CHANGE wITHOUT NOTICE. E.&O.E.

2014.11.03 New Condo Guide_Ad.indd 1

04/11/2014 3:34:12 PM


VIEW OUR

NEW 2 BEDROOM TOWNHOME DISPLAY

6

FINAL

BURNABY/NEW WESTMINSTER

TOWNHOMES

FROM THE LOW $400S

W! O N N I E V O M

SAVE UP TO $20,000* • GARDEN HOMES 972-1114 sq.ft., 2 bedroom townhomes with patio from $418,800 $404,800 • SKYHOMES 1044-1130 sq.ft., 2 bedroom townhomes with rooftop patio from $469,800 $449,800 PRESENTATION CENTRE: 9350 University High Street, Burnaby Mountain. Open Daily 12–5pm (EXCEPT THURSDAYS & FRIDAYS)

LEARN MORE AT porte.ca/lift 604.320.3386 *$15,000 savings on Garden homes, $20,000 savings on Skyhomes. Restrictions apply—see sales team for details. Pricing subject to change without notice. Sales by disclosure statement only, E&O.E.

58 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

Proudly developed by


BURNABY/NEW WESTMINSTER

FINAL PHASE NOW SELLING!

7008 14th Ave. Burnaby, BC

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 59


IN THE NEWS

REBGV

Metro Vancouver home sales above average in October HOME SALES IN THE METRO VANCOUVER* housing market continue to outpace long-term averages for this time of year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,057 on the Multiple Listing Service® (MLS®) in October 2014. This represents a 14.9 per cent increase compared to the 2,661 sales in October 2013, and a 4.6 per cent increase over the 2,922 sales in September 2014. Last month’s sales were 16.6 per cent above the 10-year sales average for October. “We’ve seen strong and consistent demand from home buyers in Metro Vancouver throughout this year. This has led to steady increases in home prices of between four and eight per cent depending on the property,” said REBGV president Ray Harris. New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,487 in October. This represents a four per cent increase compared to the 4,315 new listings in October 2013 and a 14.7 per cent decline from the 5,259 new listings in September. 60 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 13,851, a 9.2 per cent decline compared to October 2013 and a 6.6 per cent decrease compared to September 2014. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $637,000. This represents a six per cent increase compared to October 2013. “Detached homes continue to increase in price more than condominium and townhome properties. This is largely a function of supply and demand as the supply of condominium and townhome properties are more abundant than detached homes in our region,” Harris said. Sales of detached properties in October 2014 reached 1,271, an increase of 19.1 per cent from the 1,067 detached sales recorded in October 2013, and a 60.9 per cent increase from the 790 units sold in October 2012. The benchmark price for detached properties increased 7.9 per cent from October 2013 to $995,100. Sales of apartment properties reached 1,268 in October 2014, an increase of 15.5 per cent compared to the 1,098 sales in October 2013, and a 57.9 per cent increase compared to the 803 sales in October 2012. The benchmark price of an apartment property increased four per cent from October 2013 to $380,200. Attached property sales in October 2014 totalled 518, a 4.4 per cent increase compared to the 496 sales in October 2013, and an 53.3 per cent increase over the 338 attached properties sold in October 2012. The benchmark price of an attached unit increased 4.7 per cent between October 2013 and 2014 to $479,500.


BURNABY/NEW WESTMINSTER

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 61


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 November 14 - 28, 2014 Volume 22 Issue 23

Nov 14 - 28, 2014 Volume 04 Issue 23

MODERN FAMILY LIVING WITH CHARACTER. DESIGNFORWARD DESIGNFORWAR RW D™ RWAR

Aragon Properties Ltd.

INSIDE THIS ISSUE

AN UNEXPECTED ADDITION TO DOWNTOWN LIVING THE ART OF DISPLAYING ART

BENEFITS OF OWNING YOUR HOME

SUSTAINABLE WINNERS: THE LAND AWARDS

INSIDE THIS ISSUE

FINDING YOUR PERFECT NEW ’HOOD

CHOOSING YOUR FLOOR: IS HIGHER BETTER?

FREE METRO VANCOUVER EDITION

Oct 24 - Nov 21, 2014 Volume 22 Issue 11

Metro Vancouver Edition

REVITALIZATION VS GENTRIFICATION

www.homedecorandrenovations.com

RentersGuide.ca

VOLUME 13 ISSUE 5

VIEW US ON ANY DEVICE

FANTASTIC VIEWS OF FALSE CREEK & ENGLISH BAY

the tale of

Shakespeare Homes MUCH ADO ABOUT BEAUTIFUL LIVING SPACES

SPACIOUS 1 TO 6 BEDROOM APARTMENTS CURRENTLY AVAILABLE

CALL US TODAY! 1311 Howe Street, Vancouver Phone 604.754.5668 www.vivasuitesvancouver.com INSIDE THIS ISSUE

RENTING A HOME: KNOW YOUR RIGHTS AND RESPONSIBILITIES

USE THE WALL TO STORE IT ALL

! DESIGN SHOW AN EXCITING SNEAK PEEK

View our Magazines online at NewCondoGuide.com Like Us on facebook search: Condo Guide

• ATLANTIC CANADA • CALGARY • EDMONTON • MONTREAL • VANCOUVER • WINNIPEG


YOUNG RD

GRAND STREET

CE DAR STRE ET

WREN STREET

ABBOTSFOR D | M ISSION | CHILLIWACK

I NS

1ST AVE 2ND AVE 3RD AVE 4TH AVE CHEAM AVE 5TH AVE

AVE

RD

SOUTH FRASE R WAY

MC

SUMAS WAY

EVANS RD

B ROADWAY ST RD

YOUNG RD

LUCKAKUCK WAY

ER

MCCALLUM RD

CLEARB ROOK RD

COTTONWOOD MALL

R IV

TOWNLINE RD

D NR

KING RD

ABBOTSFORD INTERNATIONAL AIRPORT

PRAIRIE CENTRAL R

W

CK IWA I LL

MA

D ER YAL

CH

LE H

RD

MARSHALL RD

MARSHALL RD

RD

CHILLIWACK MUNICIPAL AIRPORT

LE YA

BEVAN AVE A2

ORT

AIR P

AIRPORT RD

LD

MT

KE E

O

SIMPSON RD

A3

BROOKS AVE

D G RR D UN M YOTCO A WH

A1

MISSION

WHATCOM RD

MA SW AY

RN

E

SU

YB U CLA

D

D

OLD

DE

CHILLIWACK CENTRAL RD

YA LE R

MACL URE R

Hwy 11

GLADWIN RD

Lougheed Hwy

Lougheed Hwy

MCMILLIAN RD

OLD YALE

FRASER CRESENT

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. ABACUS

2565 Campbell Ave 604.309.7155

HIGGINSON RD

A2. MAHOGANY

STEVENSON RD

2180 Gladwin Rd 778.255.9990

S SUMAS RD

VE DDER RD

WATSON RD

WEBSTE R RD

KEITH WILSON RD

64 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

C H ILLIWAC K

PROMONTORY RD

THOMAS RD

WATSON GLEN PARK


ABBOTSFORD/MISSION/CHILLIWACK

B ROADWAY ST

PREST RD

A NEW

POINT OF VIEW

PREST RD

1ST AVE

PREST RD

RD

IRIE CENTRAL RD

RD

PRICES FROM

$254,900 CONSTRUCTION STARTED!

Presentation Centre Open Daily (except Friday) Noon - 5 PM 2180 Gladwin Road Abbotsford, BC

PROMONTORY RD

778.255.9990 mahoganycondos.com Occupancy: 2016

• 26 storey luxury condominium high-rise across from Mill Lake Park - spectacular views! • Commercial/office space floors 1-3 including coffee shop and pharmacy on ground floor • Top quality finishings and resort-style amenities • Environmentally friendly geothermal heating and cooling • 5 minute walk to schools, hospital, buses, shops and services • 10 minute drive to the University of the Fraser Valley • 10 minute drive to YXX, Abbotsford International Airport

Quantum Properties, a British Columbia company, has been developing properties and constructing multi-family residential and commercial buildings since 2000. The Quantum Properties Group of Companies includes Quantum Realty and Quantum Properties Construction.

quantumproperties.ca

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.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 65


RO SS RD

NM

Sky H

wy

R VE GO TR

Sea To

EN D

NORTH SHORE | SQUAMISH | WHISTLER DEPOT RD

DR ORO

UG H

LONSDALE AVE

DR NS

CHEAKAMUS WAY

1a MARINE DR

GA

A12MARINE DRA10

RI

BOULEVARD

I LD

BA

D

A4

NT

HI

MAMQUAM RD

GH

LA

ND

S

W AY

S

Y WA KI

E YR

A13 R

STANLEY PARK y

a

Se

VE R GO

NM

E NT

To

Sk

y

w

H

RD

LOGGERS LN

QU E E NS WAY

RAVEN DR

A4. X61

1061 Marine Dr. x61living.com

A5. 15 WEST

15th just off CH E Lonsdale RR 604.980.9949 Y DR

SQUAMISH

B UC KLEY

R UD TEA PLA

AVE

DA VE DA VE

VE YA WA V ST TA WE NU VE ST E KA CH OC L M DR HE RD O ILF GU

VAL LEY

DR

2N

3R

A8

KEITH RD E

A3

E L R D MAI N LEVE ST LOW

A9. THE SHORE

2135 Heritage Park Lane 604.988.0022

99

DR

LYNN CANYON PARK

MT SEYMOUR PKY

A2. REMIX

A3. LODEN GREEN ROBIN DR

KE

SEABUS

N

RD

A7

A8. THE ANCHOR

#103 - 735 West 15th St 604.924.4488

FINCH DR

AR

KEITH RD W

A1. LOCAL ON LONSDALE W 17th Street and Lonsdale 604.998.0219

BRENNAN PA R K

CL

A9

A5

A1

N LY

EY LL VA

rton

Dolla

NORTH SHORE

CENTENNIAL WAY

MAGEE ST

A2

A11

Mountain Hwy

TH B

MATHERS AVE

DEMPSAY RD

SD AL EA VE

DR

LIGHTHOUSE PARK

DALE R D

LO N

INE

CH IPPE N

CAPILANO RIVER REGIONAL PARK

PERTH DR

MAR

RD

STE VE

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

66 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

A6. DESTINY 2

590 Raven Woods Dr 604.929.1915

A7. CENTERVIEW

1308 Lonsdale Ave 604.988.8540

131 E 3rd St 604.988.8800

Presentation Centre 238 Fell Ave 604.980.0016

A10. HEYWOOD ON THE PARK 1621 Hamilton Ave 604.985.0003

A11. MILL HOUSE

3205 Mountain Hwy 604.986.0007

A12. TATLOW

Marine Drive and Tatlow Ave 604.971.0733

A13. THE AVE BOUTIQUE RESIDENCES Pemberton Ave and 16th St 778.985.4767

Hwy


NORTH SHORE/SQUAMISH/WHISTLER

PKY

y

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 67


NORTH SHORE/SQUAMISH/WHISTLER

BOUTIQUE RESIDENCES NORTH SHORE

COMING SOON ! estimated completion January 2015

Marine Drive

REGISTER NOW:

www.theaveliving.com

16th Street W. 15th Street W.

Pemberton Avenue

The Ave is an exclusive collection of spacious modern homes with luxurious living

778.985.4767

built into every detail. Homes range in size from 1 bedroom with a workstation to 2 bedrooms and a den. The boutique residences are located in the heart of the new Marine Drive neighborhood – a vibrant hub on the North Shore. Developed By

Built By

Marketed By

VENTURES INC.

Disclaimer

Renderings, illustrations, floor plans and square footages are approximate and may differ from final product. The Developer reserves the right in its discretion to make changes to the floor plans, project design, appliances, specification and features. This is not an offering for sale, such offering can only be made with a Developer Disclosure Statement. E. & O. E.

68 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


NORTH SHORE/SQUAMISH/WHISTLER

WE ALL HAVE

BAGGAGE

NOW, YOU HAVE A PLACE TO KEEP IT NOW SELLING

One of the real challenges of condo living can be not having enough

storage. At Mill House, we’ve taken care of that. Every home gets a secured personal gear garage. There’s room for your sports gear, seasonal things, and stuff you just don’t want in your home on a daily basis. And that means you can breathe easy – not just in the great outdoors, but in your new home, too.

MOUNTAIN HIGHWAY

Prices correct at press time. E.& O.E.

Nicely appointed 1+ Den – 3 bedroom homes with parking and personal gear garage priced from $299,900

marcon.ca/millhouse Sales Centre:

D

Y

E

LL

N

N LY

VA

A O R

OPEN: Phone:

1268-D Lynn Valley Road, North Vancouver (Lynn Valley Mall, just north of Scotiabank) Noon - 5pm daily except Fridays 604.986.0007

Marcon Lynn Valley Homes Ltd.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 69


CONDO VIEWS

REVITALIZATION

VS.

GENTRIFICATION

How Lower Mainland developers and governments are managing urban change // BY STEPHANIE MACDONALD ALEXANDRIA, MACHU PICCHU, AND

were all the homes of mighty empires once and are relegated to history now. Vancouver is one of the most desirable places in the world to live, but cities are not static places, in fact they are very similar to natural organisms; they grow, they sometimes shrink, they are in a constant cycle which is dependent on many factors: external, political, environmental, economic and social. Most modern cities are fortunately unlikely to be burned to the ground by foreign invaders, but they can still decline and fall, as has happened to Detroit, Michigan. BABYLON

Fortunately, Metro Vancouver hasn’t even come close to reaching its metropolitan potential, but that doesn’t mean we’re not subject to the ebb and flow of urban decay and renewal. Sometimes this renewal is called “revitalization,” sometimes it’s called “gentrification”. Whether you’re revitalizing or gentrifying depends on whom you ask. Gentrification was originally meant to explain the return of the “gentry” to the inner city. It has recently become a pejorative, implying the forced relocation of lower-income urbanites to accommodate the desires of wealthier

70 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

newcomers who desire an edgy or bohemian lifestyle. Gentrification clearly exacerbates homelessness and poverty for vulnerable communities, as we saw in the Downtown East Side of Vancouver after Expo 86 when many of the rooming houses and SRO hotels were converted to tourist accommodation. But with a growing population and rising real estate prices for working people and families, there must be some balance of the needs of everyone. We value the well-being of all Vancouver’s inhabitants, not just the wealthy ones, and it takes strong leadership and cooperation at the civic


Strathcona Village in East Vancouver

OPPOSITE:

LEFT: PortLiving’s VyaLiving on Kingsway near Main

and developer level to create a city where low-income residents are included and working people can afford to live as well. In the 1970’s, the developers of Granville Island and the surrounding area did a great job of mixing belowmarket co-op family housing, market condominiums, light industry, arts and cultural venues and retail, resulting in a vibrant neighbourhood that remains so today. However, they were converting an industrial area worth very little, as opposed to the sky-high property values we now face. So what is happening to ensure Metro Vancouver grows in an inclusive and intelligent way that allows for thriving residents (of all classes), businesses and culture? Brent Todarian, the former Vancouver City Chief Planner explained that when considering new civic policies, “There are reasonable levels of gentrification, where it can be strategically managed. There is such a thing as ‘revitalization without displacement.’” Policies that require the developing company to invest significant resources into facilities or housing for existing communities are one way to do this. Says Salient Group’s Robert Fung, “By taking responsibility for part of the civic infrastructure, the development community has been key to building a livable city.” “Whether it’s in the form of a tower in Surrey City Centre or a

By taking responsibility for part of the civic infrastructure, the development community has been key to building a livable city. heritage revitalization project in Chinatown”, says Gavin Duffus, Policy and Communications Specialist at the Urban Development Institute, “the goal of new development throughout Metro Vancouver is to build inclusive communities with a diversity of housing options. Local governments are working with developers to ensure that with new construction comes amenities that can be enjoyed by both existing residents and newcomers. Parks, community centres, daycares, and public art are examples of developer-funded amenities that enrich neighborhoods through densification”. In Vancouver, you can’t really talk about revitalization without mentioning Robert Fung and Salient Group. Famous for rebuilding some of Gastown’s most iconic buildings, including Paris Block and Terminus, Fung explains that revitalizing without displacement “is

core to our corporate values”. When Fung began his mission to bring the life back to Vancouver’s historic birthplace over 15 years ago, he wasn’t displacing anyone, as the buildings had been vacant and dilapidated for years. At the same time, young entrepreneurs like Sean Heather began their fledgling businesses, like The Irish Heather, in the area. Small projects like these brought interest to the neglected neighbourhood, and paved the way for larger developments like the Woodward’s Building, which provided 125 units of social housing, 45 units of affordable family housing along with 500 market-priced condos and retail spaces. Developers working on large housing projects in this neighbourhood must set aside 20 per cent of units as social housing, a move which may be expanded throughout more of the city, including Chinatown. It’s not a perfect solution for current residents of the DTES, as gentrification of businesses aimed at the new owners often neglects the needs of lowerincome residents. However, homes there cost much less, even for marketpriced units, than you could find in Downtown, Yaletown and the West Side of Vancouver, and many times less than the cost of a house. This gives the opportunity for working class, younger people and young families to afford to buy their own home and get into the

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 71


Salient Group’s Paris Block was one of the first new buildings to capitalize on the historic charm of Gastown. Once all alone, it’s now surrounded by funky and inviting shops, eateries and services.

property market. “Each development has a diverse range of housing options and affordability, from studios to penthouses and options in between”, says Fung. “The larger the project the more diverse it is.” “Like Yaletown and Coal Harbour that came before it”, says Ben Smith, vice president of Rennie Marketing Systems, “emerging neighbourhoods provide the opportunity for home buyers to get into a home they can afford with the confidence that many new amenities are on the horizon. For Strathcona Village, a new grocery store has just opened, much neighbouring development is planned, the amenities of Commercial Drive, Chinatown, Railtown and Gastown surround it, so there is much there now and much hope for the future”. Moving outward from the city core, there are many ways to improve existing neighbourhoods, by adding new housing where there was none before. New buildings like Midtown at the bottom of Fraser Street on Broadway are breathing life into a long-

ignored section of East Van. “Midtown is a great example of a contextual neighbourhood project”, says PortLiving CEO Tobi Reyes, “clearly within the East Broadway plan, and with the involvement of the community. The project provides for low-rise residences and retail space accessible to the various members of the market, and helps to revitalize an area that hasn’t seen any recent development.” Bringing new people in can give a real boost to existing businesses and can be the impetus to open new businesses. And sometimes the answer lies in developing new areas. Jeanette Chaput, Director of marketing and sales for Porte development Company says, “Surrey is the fastest growing city in BC, with 1,200 people moving there every month. Everyone needs a place to live and with affordability always the topic of conversation in the Lower Mainland we feel our 200 homes at Verve have made a significant impact with helping people become homeowners.”

72 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

Though still active in the Gastown area, Salient Group is now bringing their rejuvenating talents to another historical Lower Mainland area: New Westminster, which is reclaiming its former glory days as the capital of the province, one building at a time. “The development community has been key in building out communities throughout the Lower Mainland,” explains Fung. “Trapp + Holbrook is in another location with similar qualities to Gastown, and is bringing the vibrancy back into the exciting core of downtown New West.” Daniel Boffo, from Boffo Developments sums up the developer mindset in Metro Vancouver by saying, “We hope to help re-define the definition of a “home”; one that expands past four walls and into the greater community, where diverse groups of people and creative retail and local businesses become a teaching mechanism for inclusion, empathy and social responsibility for future generations.”


NO

WS

EL L

IN G

!

The North Shore You Love The Lifestyle You’ve Earned Discover Destiny2, the newest phase at Raven Woods masterplanned community in the heart of the North Shore. Surrounded by nature, yet conveniently close to everyday amenities, these 1, 2, and 3 bedroom homes offer the life you want, for a price you can afford.

New Homes Starting From $259,900 Presentation Centre and Display Suite Open 12 -5PM Daily, Except Fridays 590 Raven Woods Drive, North Vancouver

604-929-1915 | DestinyLiving.ca The Developer reserves the right to make changes and modifications to the information contained herein without prior notice. Renderings, maps and photographs are representation only and may not be accurate. E.&.O.E.


NORTH SHORE/SQUAMISH/WHISTLER

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 75


HIGHEST QUALITY IN NORTH VANCOUVER Walkable location, Large Balconies, Quality Kitchens

Urban by nature, X61 brings the convenience of city living to the North Shore. Presentation Centre now open.

STARTING FROM

$238,900 REGISTER TODAY

Visit us from Noon to 5pm, every day except Fridays.

X61LIVING.COM

X

City living made livable

MARINE DRIVE

X

MACKAY RD

LLOYD AVE

MACKAY AVE PEMBERTON AVE

61

1, 2 & 3 Bedroom North Shore Homes

Capilano Mall

Presentation Centre: 1061 Marine Drive, North Vancouver

1061 MARINE DRIVE NORTH VANCOUVER

This is not an offering for sale. No such offer can be made without a disclosure statement. E.&.O.E. Rendering is an artist’s representation only.


NORTH SHORE/SQUAMISH/WHISTLER

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 77


INVESTOR ADVICE

Higher learning:

// BY ANDREW LA FLEUR

IS 50 THAT MUCH BETTER THAN 10?

W

hen investing in a pre-construction condo, a question that always comes up is: “Is it better to buy on a lower floor and pay a lower price, or to buy on a higher floor but pay a higher price?”

Background

Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

When selling a building in the preconstruction phase, every developer will have a base price for a particular unit, then charge a “floor premium” as you ascend the building. Floor premiums in most Toronto condos are $1,000 per floor up.

When selling a building in the pre-construction phase, every developer will have a base price for a particular unit, then charge what is known as a “floor premium” as you ascend the building. Floor premiums in most Toronto condos are $1,000 per floor up. Custom analysis by Urbanation

I am a subscriber to Urbanation. I pay thousands of dollars per year to get access to data on the condo market that I can’t get anywhere else. Why do I pay money for numbers when 99.9 per cent of all other realtors would not pay for this information? (Urbanation’s primary clients are developers and enterprise customers.) Because when it comes to condo investing, knowledge is power. So, I asked my friend, Shaun Hildebrand at Urbanation, to run some analyses relating to this floor premium. Shaun looked at Burano by Lanterra Developments (at 832 Bay St., 50 storeys), which had a large number of leases. Instead of showing what you will be able to resell your unit for if you pay an extra $1,000 per floor for it, we were able to show how much more you will be able to rent your unit for if you buy on a higher floor. I took a few insights from this data: INSIGHT #1: HIGHER FLOORS YIELD HIGHER RENTS

The numbers for Burano show that as you go up in the building and pay more for the privilege, you will earn higher rents. This is very important because some investors still believe that they will not get higher rents if they buy on a higher floor and they will use this as a reason to only “buy low.” INSIGHT #2: HIGHER IS BETTER

Think of it like this: for a median floor premium of $8.33 per floor per month, that works out to $100 per year. An extra $100 per year on a $1,000 initial investment means you are getting a 10-per-cent cap rate, which is very good. Thus, the higher floor is better.

78 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


What the data does not tell you...

INSIGHT #3: THREE BEDROOMS GET THE HIGHEST FLOOR PREMIUM

The largest floor premiums were for the three-bedroom units, with average rents higher by $54 per month, or $648 per year, for every floor up they went. If buyers paid only $1,000 more per floor, then that works out to an astonishing 64.8-percent cap rate! Why are renters willing to pay such high premiums for these three-bedroom units? My theory is that if you are already shelling out $3,000 or more per month for rent, then what’s another $200 to $300 per month for an outstanding view? INSIGHT #4: RENTERS WILL PAY A PREMIUM FOR PREMIUM VIEWS

Here’s an example: a 445-sq.-ft. unit faces south, while the 491-sq.-ft. unit faces north. Even though the average rental price for both units does not show much difference, the average floor premium for the south-facing unit is about twice that of the north-facing unit ($16 per floor versus $8). How I interpret this is that the highest floors of the south-facing unit command such a huge premium over the lower floors, that it brings the average rental premium per floor up. On the other hand, for the north-facing units, renters will not pay as much of a premium to go up very high. The reason for this is that the views to the south on high floors are spectacular toward the lake and the CN Tower, whereas the views to the north don’t really improve much as you ascend the tower. So if it comes down to paying a large floor premium for buying a northfacing or south-facing unit, you are better to go with the south-facing unit (assuming the view facing south is highly preferred to the north view in the building you are considering).

While these findings are interesting, they are only one data set from one building, and it’s only for rental rates. So, take this all with a grain of salt. I consider this strong anecdotal evidence to support buying on higher floors over lower floors, but it’s not an empirical study by any means. Unfortunately the bigger question remains: what will buyers on the resale market pay for a higher floor versus a lower floor? For example, if you buy on the 50th floor, and you pay a $40,000 premium to do so, will you get at least $40,000 more when you resell than if you bought on the 10th floor? Another thing these calculations do not take into account are increased property taxes for going up higher in a building (purchase price is higher) or increased mortgage payments for going up higher.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 79


大溫哥華版

Greater Vancouver Edition

可在超過750個不同地點索取本公司雜誌,包括: Safeway, IGA, Skytrain Stations, Community Centres 及更多地點。

刊登廣告請致電 604.519.6080 Photo by Park Avenue. Photo courtesy ofcourtesy Park Avenue

Like Us on facebook.com/NewHomeGuideMetroVancouver

To book your advertising, please call 604-519-6080. Free translation provided.


enue.

NORTH SHORE/SQUAMISH/WHISTLER

GET IT WHILE

YOU CAN! › NET GST INCLUDED on all 1 bed & 1 + den homes

› 5% DOWN PAYMENT › STARTING FROM $269,900 › MOVE IN MAY 2015

Luxury 1–3 bedroom condos, bordering on 39.5 acres of protected parkland with no direct neighbours, in North Vancouver.

OVER 75% SOLD HEYWOODLIVING.CA 604.985.0003 VISIT OUR SALES CENTRE 1621 HAMILTON AVE, NORTH VANCOUVER | OPEN HOURS 12–5PM DAILY (CLOSED FRIDAYS) Prices correct at press time and are subject to change without notice. E.&O.E. Marcon PC Urban Homes Ltd.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 81


SURREY | LANGLEY 116TH AVE

NO

R

RD

112ND AVE

108TH AVE

12

W ay

0T

H

ST

GR

VE OS

A7

A9

104TH AVE

TYNEHEAD REGIONAL PARK

er

Hw

y

A4 88TH AVE

88TH AVE BEAR CREEK PARK

176TH ST

208TH ST

192ND ST

10

R

RD

B3

A2

LO VE

A7 64TH AVE

G

A12

B2

72ND AVE

A10

64TH AVE WATERSHED PARK

184TH ST

168TH ST

99a

200TH ST

80TH AVE

160TH ST

152ND ST

144TH ST

128TH ST

120TH ST

112TH ST

72ND AVE

TH

60TH AVE

61A

58TH AVE

A3 A6

56TH AVE

LANGLEY BYPASS

56TH AVE

B5

B1 Fra s

er H

10

GR

SURREY

A5. MAXX AT VERVE

A2. YALE BLOC

A6. LINGO

10375 133rd Street 604.951.9283 19557 64 Avenue www.yalebloc.com

A3. LATIS

5811 77B St. 778.571.1123

A4. MANAROLA

8695 160th Street 604.825.1038

AD

LANGLEY

SERPENTINE FEN NATURE RESERVE

A1. WYND

13913 Fraser Hwy. 604.588.3783 99

5665 177B Street 604.727.5478

A9. G3 RESIDENCES 104th Ave. & 154th St. 604.453.6688

A10. THE RIDGE AT BOSE FARM 16390 64th Ave. 604.888.5514

A7. UNIVERSITY DISTRICT

A11. 3 CIVIC PLAZA

A8. PARK AVE WEST

A12. LATITUDE

104th & University Dr 604.588.5795 100 Ave. & Whalley Blvd. 604.233.7748

82 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

AV E

B4

1a

King George Blvd

80TH AVE

96

104th Ave & Citypoint Way 604.951.3331 14358 60th Ave. 604.596.5075

ER

wy

D

48TH AVE

B1. CORNERSTONE 5655 210A Street 604.534.6000

B2. KENSINGTON

20678 Willoughby Town Centre Drive 604.427.3311

B3. ELEMENTS

20211 66th Ave. 604.533.7718

B4. ATHENRY GATE 8312 Street 604.882.8857

B5. VARSITY

20068 Fraser Hwy 604.539.2200

40TH AVE

240TH ST

Fr as

GOLDEN EARS BRIDGE

96TH AVE

RD

GREEN TIMBERS URBAN FOREST PARK

GL OV ER

96TH AVE

232RD ST

A5 A11 A8

216TH ST

S

Fr a

A1

216TH ST

se r

104TH AVE


SURREY/LANGLEY

240TH ST

Move in Now

29

Rent is a four letter word.

Spend less on the condominium you’ve always wanted and enjoy more time being you. Who says you can’t have it all?

$

Signature Apartments starting from

199

9OO Including Net GST

lingoliving.ca

6O4.727.5478

Lingo. Something to talk about.

Ling Li ing n o

HWY 1O

56 AVE

TO U.S. BORDER

18O ST

HW

Y1

5

6O AVE

5 665 56 6 177 65 7 B St S re r et et Surr Su rrrey ey, BC ey, B Openn Wed, Op Open ed, Th ed Thur huurrs annd W Weeekkennds ds 1-5 -5pm pm m

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 83


HOMEBUYERS’ HELP

// BY MARNIE BENNETT

TOP 10 MISTAKES

first-time homebuyers make, and how to avoid them

Marnie Bennett is the number one Realtor worldwide for Keller Williams Realty Inc., and is in the top one per cent of North America’s realtors. She is a broker with KWVIP Realty and team leader of Bennett Real Estate Professionals. Contact mbennett@bennettpros. com for a free copy of 10 Deadly Mistakes Buyers Make When Purchasing a Home. bennettpros.com

B

uying a new home is one of the most significant decisions of your life. Be properly educated and make all the right moves to ensure your home is both a comfortable place to live and a great investment for the future. Here is a list of the 10 most common mistakes to avoid:

1. Failing to use a trusted adviser

A home is the greatest asset of your life, so you need to ensure you have done the proper homework. It is critical that you work with a professional such as a trusted real estate representative and lawyer. Make sure your real estate professional is dedicated to the job full time, and that they know exactly what you’re looking for in your top neighbourhood – not their’s. Work with someone who gets you the best price and a hassle-free experience.

2. Wasting time by looking at homes you can’t afford

Most buyers don’t know what they can afford. It is critical that you know both your credit rating and how much of a mortgage you qualify for before you begin shopping for a home. Get a full mortgage pre-approval from your bank or broker, which is a commitment from the lender that states the purchase price and your interest rate – guaranteed for a specific amount of time, usually 90 to 120 days. When buying a brand new build, you will need a capped rate up to 18 months to accommodate the construction period. With this approval in hand, you can then concentrate on looking at condos you know you qualify for. 3. Buying the wrong home

The first thing prospective buyers should do is make a list of priorities and outline the “must-haves” and your “wish list.” Determine the desired housing style, number

84 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


This is a complex and often-intimidating topic, but what you learn (or don’t learn) about mortgages could save or cost you thousands of dollars.

of bedrooms, bathrooms, neighbourhood, parking and proximity to work or public transportation. There are so many choices, so be clear and concise, and stick to your budget. 4. Trying to save money by not hiring a professional home inspector

A home inspection can help distinguish a home that is a money pit from one that is a gem. Even buyers of brand new homes can benefit from a home inspection.

9. Failing to understand the differences between buying a new home and a resale home

5. Not revisiting your target neighbourhood a few times

It is critical that you view the home at different times of the day and at night. You want to ensure you made the right decision on your neighbourhood of choice – and potentially your new neighbours. 6. Giving in to fear

Yes, buying a home is a scary thing and you may not feel certain you’ve found the right place. Should you buy now? Will prices fall? Will you receive any incentives? Should you keep looking? Remember, when you’re renting you are making someone else rich and not building equity in your own home. When you become a homeowner, you have a fixed asset and you’re on your way to financial freedom. Do your homework and be ready to make the decision when you find the perfect home for you. Have confidence. 7. Not being prepared for closing costs

The down payment is one thing, but there are other closing costs such as lawyer fees, land transfer taxes, utilities, insurance and others, so be prepared. You may also be eligible for government programs such as the Home Buyers’ Tax Credit and Home Buyers’ Plan, so do your research and know what your total costs will be. 8. Not understanding your mortgage

This is a complex and often-intimidating topic, but what you learn (or don’t learn) about mortgages could save or cost you thousands of dollars. Key factors are your

interest rate and amortization, but also find out what your payment privileges are, whether the mortgage is portable, your down payment requirement, insurance needs, if the mortgage is open, closed, variable or fixed. Understand the terms and what they mean for you.

Resale and new homes each have their own advantages and disadvantages. Make a list and compare them. For example, with a new home you have choices such as style, finishes and the suite’s location in the building – and everything is new. But you also may face construction delays, which could impact your finances or current living arrangements. With resale, what you see is what you get. Figure out which scenario is best for you. 10. Being ill-prepared for moving day

It is important to establish a list of priorities and ensure you have contacted the utility companies, secured proper insurance, booked movers, rerouted your mail and finalized all financing. If you do all your homework and you’re well prepared, moving day can be the start of one of the greatest experiences of your life.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 85


ATHENRY

Move-In Ready

GATE

FT! E L S T I N ONLY 17 U C1

2 Bedroom

730 SQ. FT.

1 PARKING STALL 1 STORAGE

The developer reserves the right to substitute any material, fixture, appliance or finishing with an equivalent material, fixture, appliance or finishing at the developer’s sole discretion. In our continuing effort to meet the challenge of product improvement, we reserve the right to modify or change plans, specifications, or prices without notice. Renderings are an artist’s conception only and are intended as a general reference. All dimensions and sizes are approximate. As reverse plans occur throughout the project, please check architectural plans. Refer to disclosure statement for specific offer details.

ONLY 5 LEFT:

A community of European-inspired condos that are as sophisticated as they are affordable.

$

$219,900

Set in Willoughby, in the heart of Langley. Boasting top-tier craftsmanship, wide and spacious rooms and appealing European styling, each home at Athenry Gate will be built with superior attention to both functionality and form.

Gift Card to the store of your choice

ONLY 5 LEFT:

153 inspired homes ranging in size from stylish studio to expansive two-bedroom & den suites that are as

$270,000

Don’t miss the opportunity to achieve the lifestyle you have always wanted and own a home with uncompromising charm and charisma – visit our Presentation Centre today! or call 604-882-8857

BONUS! 2 Bedroom + 1 Bathroom

500

2 Bedroom + Den

AFFORDABLE ■ QUALITY ■ VALUE

107 - 20861 83 Avenue, Langley • Sales Centre Open Mon-Thurs 12-6pm, Sat-Sun 12-5pm

athenrygate.com Sales and Marketing by Solon Bucholtz 778.995.7467


SURREY/LANGLEY

NOW SELLING

NO TAX EVENT

The final building @ Verve

Save the taxes on move-in ready homes (up to $17,000 off)

Say NO to #FOMO Building 1 SOLD OUT | Building 2 MOVE-IN NOW Building 3 NOW SELLING — priced from $169,900 Avoid #FOMO

VISIT US TODAY!

› NEVER BEFORE SEEN FLOORPLANS › MODERN FINISHES TO BRAG ABOUT › GYM, LOUNGE & GAMES ROOM ALL IN YOUR BUILDING — WHY WOULD YOU EVER NEED TO LEAVE? › JUST A 6 MINUTE WALK FROM KING GEORGE SKYTRAIN

Take advantage of our INSANELY popular flexible deposit program PORTE.CA/VERVE/NODO PRESENTATION CENTRE & SHOW HOMES: 13931 Fraser Hwy, Surrey | Open Daily 12–5pm (CLOSED FRI)

PORTE.CA/VERVE | 604.588.3783 Pricing and promotion subject to change without notice. Sales by disclosure statement only, E&OE.

Proudly developed by

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 87


BUYER PROFILE

JUNE AND DICK AT KENSINGTON Right Neighbourhood, Right Home // BY SUSAN M BOYCE

We love to see that open sky, and at 5:00 in the afternoon there’s always such a wonderful brightness to it. June

JUNE AND DICK HAVE A SPECIAL APPRECIATION OF SUNSETS.

Confirmed aficionados of touring in their motor home, they’ve seen the sun go down over landscapes throughout North America. But they can’t wait for late fall this year, because that’s when they’ll be able to watch sunsets from their new condominium at Kensington. “We love to see that open sky, and at 5:00 in the afternoon there’s always such a wonderful brightness to it,” June says describing their northwest view. Careful Consideration For June and Dick, the decision to move from their Murrayville rancher was all about finding a condominium home that fit their lifestyle and personality — no matter how long it took them to discover the right one. “We probably looked at every apartment being built in Langley or White Rock,” Dick says. “This is just the right size for us, and it’s one of the only places we saw where we can pull up close enough to make loading the motor home easy.” Then he laughs and gives a mischievous wink. “We’re also right around the corner from our bank, and if we run out of wine, there’s a huge wine store just down the road.” Yet another bonus, Dick says, was Kensington’s guest suite. “We have five grandkids and six great grandchildren, so it will definitely come in handy when they visit.” 88 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

Value was the final deciding element in their purchase equation. “Quality for the price,” Dick explains. “We were one of the first buyers so we were able to get exactly the suite we wanted — a top floor, two-bedroom and den with a wrap around balcony that will be very comfortable for relax and when we want to barbeque.” Looking Ahead Until moving day, June and Dick are comfortable in their motor home, a space they share with Truman, their 14-year-old Miniature Pinscher. “It’s a bit cramped, but we’re warm and dry,” June admits. “And when we do get to get moved in, it will feel like a palace.” She adds they’re both looking forward hiring a decorator to help create a new look for their new space. “We’ve given away most of our furniture, so hiring a professional will be an indulgence.” Suddenly, she laughs and there’s a mischievous twinkle in her eye. “But the first thing we’ll probably do on moving day is have a glass of champagne to celebrate.” And hopefully, there will be a stellar sunset to watch as well. Kensington is located at 20678 Willoughby Town Centre Drive in Langley. For more information visit liveatkensington.ca.


SURREY/LANGLEY

HAVE IT ALL, FOR LESS. 1 Bedroom, 1+Den, 2 Bedroom, 2+Den 660 - 1082 sq.ft. Condominiums

Luxurious Living, Intelligent Design & Exceptional Value This beautiful collection of condominium homes places you at the centre of the walkable, urban community of Willoughby Town Centre at 208th St./80th Ave. Visit our website to see all the retail shops and services now open. IT’S WORTH THE DRIVE! $199,900

660 sq ft, 1 bedroom

Coquitlam

554 sq ft, 1 bedroom

$220,500

South Surrey

604 sq ft, 1 bedroom

$259,900

Burnaby

602 sq ft, 1 bedroom

$274,900

New Westminster

621 sq ft, 1 bedroom

$327,900

Open Daily Noon to 5pm C-110, 20678 Willoughby Town Centre Drive Langley, BC Phone: 604.427.3311 Email: kensingtonsales@mylasso.com

80th Ave.

Willoughby Town Centre

208th St.

Kensington, Langley

VISIT OUR DISPLAY SUITE AT THE KENSINGTON PRESENTATION CENTRE

@WilloughbyLife | Willoughby Town Centre

liveatkensington.ca DEVELOPED BY

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 89


I 188

LOOKING FOR A NEW HOME?

ST

S HW

Y

10

3

6

E

It’s only a tap away.

2

6

P Find the perfect new home or condo in the neighbourhood that fits your lifestyle. Start searching now!

7

3

S

L M

T t g a a w

T P

N

E DOWNLOAD THE APP

GET STARTED NOW AT

NewHomeAndCondoGuide.ca

E

O

*

c


MOVE-IN AND ENJOY THE

HOLIDAY’S SALE

VISIT TODAY BEFORE THEY’RE ALL GONE! IF YOU LIVE HERE YOU CAN... 188

ST

K

E HIT

C RO

W

300

ST

600

SHOPS + SERVICES within a 7 min. drive

192

REY SUR

SHOP

, RE AT HE T US SS LO CO

SHOPS +SERVICES 60 AV within a 7 min. walk E

Y 10

EAT

66

K OC

R

AV E

AV E

AV E

W

NG

YC

LE

NG

LA

7

PARKS + GOLF COURSES within a 7 min. walk

30

PARKS + GOLF COURSES within a 7 min. drive

YB

YP AS

S

Y

ER

RD

S ,U ITY

LE

AV E

HW

65

RESTAURANTS + COFFEE within a 7 min. drive

62 LA

SER

RESTAURANTS + COFFEE within a 7 min. walk FRA

20

PLAY

72

68

TSAWW FERASS RIES EN FERRIES ON HW

E HIT

GE RID LE P MA

BO

ECTOR

OOK CONN

WILLOWBR

56

AV E

GLOVER RD

TRINITY WESTERN UNIVERSITY

STEPS TO SHOPS ADJACENT TO GREENBELT & NATURE TRAILS AWARD WINNING INTERIOR DESIGN LANGLEY’S LARGEST PRIVATE AMENITY CENTRE

LANGLEY’S BEST & MOST CONVENIENT MASTER PLANNED COMMUNITY The centerpiece of Elements is the stunning 9,369 square foot amenity building. Scaling two light-infused levels, The Trilogy Club features a fully equipped fitness centre eliminating YOU gym membership expenses, a New York style lounge complete with billiards, IF where you LIVE and your friends can let loose, a full chef’s kitchen and dining lounge for large dinner parties, a plush private theatre to take in the latest blockbuster or enjoy the game on the big screen with friends and neighbours! Monthly maintenance just 26 cents/sq.ft.

The only Langley community that has it ALL Priced from the $180’s to the $380’s* NOW SHOWING 3 NEW DESIGNER DISPLAYS IN THE BUILDING!

ELEMENTSINLANGLEY.COM 604.533.7718 ELEMENTS IN LANGLEY SITUATED AT 20211 66TH AVENUE LANGLEY BC

OPEN DAILY 12 - 5PM (CLOSED FRIDAYS) * Prices quoted include move -in ready incentive and are subject to availability at time of visit and/or to change without notice. E.&O.E. Sales and marketing by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

56

AV E

HERE YOU CAN...


SURREY/LANGLEY

your chance to own a piece of the bloc People are buzzing about the upcoming release at Yale Bloc. These 1 and 2 bed condos are streamlined and modern, bringing something new, exciting and much needed to the Willowbrook neighbourhood! Comprised of three distinct buildings, linked by an open courtyard with ground level shops, Yale Bloc is ready to connect you to the contemporary and convenient life you want. Get ready to be amazed! Get ready to think outside the bloc.

B U I LT BY

MARKETED BY

92 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

196th

LOCATED AT 19557 64 AVE SURREY BRITISH COLUMBIA V3S 4J3

192nd

REGISTER TODAY | YALEBLOC.COM

64th AVE FR

AS

ER

HW

Y


SURREY/LANGLEY

TICK, TICK, TICK‌ FINAL COUNTDOWN!

70 NET

17

INCLUDED

$229,900

GST

6 HOMES

HOMES

UNDER

UNDER

$200,000

OVER 87% SOLD 604.534.6000 cornerstoneliving.ca Sales Centre and three fully-furnished Display Homes 56th & 210A St, Langley | Open daily (closed Friday) from 12 to 5 pm. Marcon Homes (Cornerstone) Ltd.

Limited time offer. Prices subject to change without notice. Please see our sales representative for further details and exact terms of this offer. E. & O.E.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 93


SURREY/LANGLEY

THE PHASE YOU HAVE BEEN WAITING FOR HAS ARRIVED. OVERLOOKING THE COURTYARD WITH HERITAGE HOUSE AND GARDEN PLOTS ON TO NORTH SHORE MOUNTAINS AND BACKING ON TO NATURAL HERITAGE FOREST.

TheRidgeAtBoseFarms.com

Presentation Centre Open Daily 12–5 (except Fridays) 604.888.5514 168th St

ONE BEDROOM FROM $194,900 * TWO BEDROOM FROM $249,900 *

16390 64th Avenue, Surrey

160th St

Featuring larger homes up to 2 bedroom + den with courtyard and mountain or heritage forest view. Spacious balconies and patios for optimal outdoor living. Beautifully designed by Award Winning Creative Design Works with heritage style features. New state of the art clubhouse in a modern barn interpretation includes chef kitchen and lounge, fitness, private theatre and more. Only 56 homes. Don’t miss out on Surrey’s most popular community. Visit today to see what all the fuss is about.

Don’t miss out. Visit today!

152nd St

THE RIDGE PHASE 3

22 HOMES SOLD SINCE OCTOBER 11 TH RELEASE

64th Ave

THE RIDGE PRESENTATION CENTRE

*Prices quoted are for all available phases, exclude taxes and are subject to availability at time of visit and/or to change without prior notice. E.&O.E.

94 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


176TH ST

184TH ST

176TH ST

184TH ST

168TH ST

152ND ST

ing George Hwy

SOUTH SURREY | WHITE ROCK

40TH AVE SERPENTINE FEN NATURE RESERVE

7

SC

E CR

CRESCENT BEACH / BLACKIE SPIT

TR

EN

99a

D

99

2

32ND AVE 6

9

SUNNYSIDE ACRES URBAN FOREST PARK

CRESCENT PARK

24TH AVE

5

24TH AVE

ng

Ki

24TH AVE

164TH ST

26TH AVE

168TH ST

152ND ST

1

INE

16TH AVE 160TH ST

148TH ST

140TH ST

3

8

MA R

y

16TH AVE

4

Hw

128TH ST

ge

16TH AVE

or

20TH AVE

Ge

SOUTH SURREY ATHLETIC PARK

DR

15 10TH AVE 8TH AVE

8TH AVE

SOUTH SURREY / WHITE ROCK 1. SALTAIRE

Johnston Rd & Thrift Ave 604.662.3700

2. ELGIN HOUSE 3323 - 151st St 604.541.8092

3. GEMINI

5. HEIGHTS CONDOS

7. EDGEWATER

4. ADAGIO

6. SOUTH POINT WALK

8. ROYCE

15336 - 17A Ave 604.536.1663

20th Ave. & 154th St. 604.531.6659

96 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

2855 156th Street, Surrey 778.545.8737

29A Ave & 152 St 604.560.3238

36 Ave & 152nd St. 604.818.5603 14855 Thrift Ave 604.538.8028

9. HEADWATERS 15428 31st Ave 604.560.5535


SOUTH SURREY/WHITE ROCK

OMTH! R F N N MO OW9 A 9 $9

*

East Coast Style, West Coast Living In Beautiful South Surrey.

H AVE

AT H A R VA R D G A R D E N S Boston’s Ivy League style has arrived in sunny South Surrey. Inspired by the iconic brownstones of North America’s most respected academic institutions, Polygon introduces Elgin House, a desirable new apartment collection at Harvard Gardens. Priced from $259,900

3323 – 151st Street, South Surrey Open Noon to 5pm Daily (except Friday) 604.541.8092 elginhouse@polyhomes.com *See sales staff for details.

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 97


SOUTH SURREY/WHITE ROCK

98 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014


SOUTH SURREY/WHITE ROCK

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 99


Fall in love this season

Au tumn AffAir SAleS event Two Bedroom Condo DECK/PATIO

LIVING ROOM MASTER BEDROOM

BEDROOM DINING ROOM

W.I.C. P

DW

KITCHEN W/D

REF LINEN

One Bedroom Condo DECK

LIVING ROOM BEDROOM DINING ROOM

DW LINEN

KITCHEN W/D

REF

CONDO HOMES at

BY LAKEWOOD

2855 156th Street, Surrey theheightsliving.ca 778.545.8737 *For a limited time. See site staff for details.

PRE-CONSTRUCTION PRICING* $7,000 off 1 Bedroom homes $10,000 off 1 Bdrm & Den homes $15,000 off 2 Bedroom homes


HOMEBUYERS’ HELP

condo buyers’

resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Calculate your mortgage payments using the mortgage payment calculation chart

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 101


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.

102 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

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.


Mortgage payment calculation chart

%

INTEREST RATES

Amortization Periods 10 YEARS

15 YEARS

3.00%

9.65

3.25% 3.50% 3.75% 4.00%

20 YEARS

25 YEARS

30 YEARS

6.90

5.54

4.73

4.21

9.76

7.02

5.66

4.86

4.34

9.88

7.14

5.79

4.99

4.48

9.99

7.26

5.91

5.13

4.61

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 NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 103


BRITISH COLUMBIA’S

T G re

NEW CONDO DEVELOPMENTS PROJ ECT

TYPE

C O N TA C T

PRICE

LR LR LR HR LR

604.309.7155 hudsonsloft.ca 604.557.1047 778.255.9990 604.850.3694

Call Coming Soon Call Call From $179,900

ABBOTSFORD

Abacus Uptown Hudson’s Loft 2 Lift Mahogany at Mill Lake Waterleaf BURNABY

Aldynne on the Park Altitude Aviara Brentwood CentreBlock at Univercity Gold House Lift Madison Met 1, The Met 2, The Metro One Metro Two Metroplace Modello Novella OakTerra Paddington Mews Redbricks Reflections Silver Solo District Station Square Storybrook Trio Wall Centre Central Park

HR HR HR HR HR HR LR/TH LR HR HR LR LR HR HR MR LR TH LR HR HR HR HR LR LR HR

604.541.9517 604.456.8883 604.291.9130 604.563.8386 libertyhomes.ca goldhouseliving.com 604.320.3386 liveatburnabyheights.com 604.899.8800 604.899.8800 604.435.9477 604.435.9477 604.435.8866 604.456.0688 604.563.5777 604.431.6033 604.438.9922 604.527.7955 604.525.8496 604.435.8866 604.298.8800 604.438.1113 604.528.8906 604.218.3338 604.874.9232

From $409,900 From $239,900 Call From $299,90 From $239,900 Coming Soon Call Coming Soon From $349,800 Coming Soon Call From $439,900 Call Call Call Call From $334,900 From Mid $200s Call Call From Low $300’s Call From Low $300s From $249,900 From $299,000

1.800.830.7175

From $184,900

604.472.1123 604.931.0302 604.939.8808 604.871.4256 604.492.3388 604.939.0018 crownbybeedie.ca 604.942.2672 604.936.1888 604.937.2599

Call From Low $200’s From $249,900 Coming Soon Call From $189,900 Coming Soon From $273,900 From $235,400 From $220,900

CHILLIWACK / SARDIS

La Cason

LR

COQUITLAM

1123 Westwood Austin Bloom Bradley House Charland Como Crown Evergreen Grand Central 3 Hazel

HR HR LR/TH LR LR LR HR HR HR LR

Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

PROJ ECT

TYPE

C O N TA C T

PRICE

Mackin Park Oasis Regan’s Walk The Windsor Uptown2

LR HR LR HR HR

604.939.8874 604.464.2701 604.492.0222 604.941.8305 604.939.2677

From $199,900 Call From $199,900 From $319,900 From $258,900

LR HR

604.590.8003 604.594.7473

From $199,900 From $189,000

LR LR LR LR LR LR LR LR

604.882.8857 604.534.6000 604.533.7718 604.377.7000 604.427.3311 604.514.1530 604.539.2200 yorksoncreek.com

From $137,500 From $199,900 From $159,900 Coming Soon From $199,900 From $224,900 From $139,900 From $179,900

LR LR LR LR LR LR LR LR LR LR

604.463.0588 604.318.5254 604.466.8783 604.807.2423 604.477.1500 604.467.8884 604.467.0692 604.318.5254 604.467.9300 604.380.0300

From $174,900 Call From $149,900 From $189,900 Call Call Call From $162,900 Coming Soon From $189,900

HR HR HR MR LR HR LR LR LR HR HR HR HR

604.377.9630 604.694.1188 604.523.0733 604.525.8980 604.520.9890 604.524.8080 604.520.9890 604.523.0733 605.523.0733 604.523.0081 604.523.0733 604.525.0223 604.522.2583

Call Coming Soon Call Call From $218,900 Call Call Call From $239,900 From $249,900 From $239,900 From $299,900 Call

HR

604.980.9949

From $539,900

NORTH DELTA

Luxor Delta Rise LANGLEY

Athenry Gate Cornerstone Elements Focal Pointe Kensington Suede Varsity Yorkson Creek MAPLE RIDGE

223 North Cascada Edge on Edge Meadows Pointe Signature at Falcon Centre Parc Vue Reflections Rivers Edge Station One Wellington Station NEW WESTMINSTER

258 on Sixth Brewery District Carlyle at Victoria Hill Dominion Duo at Port Royal Elliot St Glass House Lofts Grove, The Lookout at Victoria Hill, The Northbank Parkside at Victoria Hill Trapp & Holbrook Viceroy NORTH VANCOUVER

15 West Mid Rise (MR)

Low Rise (LR)

Loft (LO)

Townhouse (TH)

ConneCting buyers to the best new home o p p o r t u n i t i e s i n m e t r o p o l i ta n Va n C o u V e r new h o m es starti ng f rom t h e mid $1 0 0 ’s

FIFTHAVE.CA 104 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

n e w h o m e s a l e s and marKeting eXpertise

P

2 x6 A A A C C C D D H Lo Lo M M N P R Ta Tr S S

P

C Li

P

A A C Fr La O P S S S Va

P

R S

R

A A C C


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 PROJ ECT

221 East 3rd x61 Anchor, The Atrium at the Pier Ave Boutique Res., The Canyon Springs Capstone CentreView Destiny 2 Drive, The Heywood on the Park Local on Lonsdale Loden Green Maplewood North Mill House Northlands Pinnacle Residences at the Pier Remix Tatlow Trophy at the Pier Seylynn Vilage Shore, The

TYPE

LR LR HR MR/TH LR LR MR HR MR LR LR HR/LR/TH TH LR LR LR MR LR LR MR/TH HR MR

C O N TA C T

PRICE

PROJ ECT

x61living.com 604.988.8800 604.983.9065 778.985.4676 604.973.0298 604.929.8870 604.988.8540 604.929.1915 604.986.8138 604.985.0003 604.998.0219 604.988.0022 604.727.1594 marcon.ca/millhouse 604.800.2120 604.983.9065 604.924.4488 info@tatlowliving.com 604.983.9065 604.980,5000 604.980.0016

Coming Soon Coming Soon From the Mid $300’s Call Call $349,900 Call Coming Soon From $259,900 Call From $288,900 Call From low $600s From $378,900 Coming Soon From $244,900 Call Call Coming Soon From $509,900 From Low $300’s From Low $200’s

LR LR

778.846.3200 604.460.6601

Call From $134,900

LR LR LR LR LR LR LR HR LR LR LR

604.552.5887 604.657.9288 604.435.9477 604.349.9245 604.475.5100 604.866.4206 604.945.3999 604.468.8252 604.468.8252 778.809.3488 604.464.4764

From $158,900 Call From $209,900 Call From $169,900 From $189,900 Call Call Call From $215,900 From $246,900

HR HR

604.552.0552 604.492.3338

Call Call

LR LR/HR LR/HR HR

604.278.5809 604.276.9186 604.276.0677 604.276.868

From $319,900 From $354,900 Call Call

PITT MEADOWS

Cedar Downs Liv42 PORT COQUITLAM

Altura Amanti on Welcher Carmandy Fremont Green La Via Orchid Prima Residences Shaughnessy, The South Verde Spring on Kelly Valorie on the Park PORT MOODY

Residences, The Station, The RICHMOND

Alexandra Court Phase 2 Avanti Camber Cadence

Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

Concord Gardens Elle Gardens, The Harmony Monet Opal at Richmond Centre Ora Orchard (Beedie) Parc Riviera Park Residences Pier, The Pinnacle Living at Capstan Remy Riva River Green River Park Place River Inlet Saffron Tempo

TYPE

C O N TA C T

PRICE

HR HR LR HR HR HR HR HR MR HR LR HR/MR/TH LR MR MR HR MR/TH LR HR

604.233.7748 604.273.1313 604.271.3331 604.278.3939 604.233.7748 604.303.7575 604.278.8838 live@orchard.ca 604.231.5900 604.303.8878 604.274.7326 604.303.0148 604.279.8866 604.278.8825 604.233.2633 604.282.7838 604.233.2633 604.270.2482 604.276.8885

From $300,000’s Coming Soon From $374,900 From $322,300 From $300,000’s From $464,900 Call Coming Soon From Low $200’s From Low $370’s Call From $299,900 From $211,900 Call Call From $239,900 Call Call From $283,900

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 LR HR LR LR LR LR

604.957.3331 604.596.2202 tiensher.com 778.395.1886 604.530.5399 604.453.6688 604.596.5075 604.727.5478 604.727.5478 604.825.1038

Call From $170’s Coming Soon From $118,800 From $219,900 Call From $264,900 From $199,900 From $274,900 From $209,900 Incl.

HR LR LR LR HR TH/HR LR HR HR

604.583.9866 604.817.5852 604.581.8000 604.888.514 604.588.5795 604.588.6999 604.588.3783 604.951.9283 604.951.9283

From $250,000 From $289,900 From $159,900 From $174,900 From $221,900 From $186,900 From $160’s From $279,900 From $199,900

LR

604.523.0733

From $269,900

SQUAMISH / WHISTLER

Aqua Elaho University Heights SURREY

3 Civic Plaza Ascend Balance Connect Esplanade at Waterstone G3 Residences Latitude Lingo Lumina Manarola GST Park Avenue Park Central Quattro Ridge at Bose Farms University District Ultra at West Village Verve Wave Wynd CLOVERDALE

Grove, The Mid Rise (MR)

Low Rise (LR)

Loft (LO)

Townhouse (TH)

NOVEMBER 14 - 28, 2014 METRO VANCOUVER NEW CONDO GUIDE 105


PROJ ECT

TYPE

C O N TA C T

PRICE

LR LR LR

778.571.1123 604.576.1772 604.530.0054

From $189,900 From $199,900 From $229,900

LR HR HR HR HR LR HR HR HR HR HR HR HR HR HR

604.620.2018 604.879.9996 604.620.6692 burrardgateway.com 604.781.4303 604.682.8813 604.669.8200 604.687.4353 amacon.com 604.899.8800 604.682.8107 604.876.9222 604.568.8283 604.568.7888 604.893.8958

Call From $327,400 From $349,900 Coming Soon Call From $269,900 $389,900 Call From $465,900 From Low $300’s Call From $685,000 From $268,000 Call Call

LR LR LR MR LR LR HR LR

238westbroadway.ca 604.569.3388 604.569.1555 604.872.0331 605.563.6777 liveatthegem.com independentatmain.ca 604.338.5233 604.221.4450 604.620.7886 Killarneyridge.ca 604.688.5527 604.877.1116 604.559.2011 604.779.0091 604.871.4125 604.261.3936 604.436.1100 604.303.8838 vyaliving.com 604.874.9232

Call From $227,900 Call From $269,900 Coming Soon Coming Soon Coming Soon Call Now Previewing Call Coming Soon From $349,900 From $339,900 From $329,900 Call Coming Soon Coming Soon Call From $219,900 Coming Soon From $299,900

41westliving.com 604.568.7551 604.620.8600 778.616.7008 604.738.0001 604.646.1111 604.682.8801 604.685.5778 604.568.5060 604.875.8508

Coming Soon Call From $528,800 From $450,000 Call From $499,900 Call Call Call Call

Latis One92 Salix

PROJ ECT

VANCOUVER & AREA DOWNTOWN

188 Keefer 999 Seymour Addition Burrard Gateway Fairmont Pacific Rim Estates Keefer Block Maddox Mark, The Modern One Pacific Private Residences at Hotel Georgia, The Sapphire, The Tate on Howe Trump International Hotel and Tower® Vancouver Vancouver House EAST SIDE

238 W Broadway Bohème Collection 45 Evan Focal Gem, The Independent at Main, The Jade Laureates, The Kensington Gardens Killarney Ridge Local Main Street Marquee on the Drive Oxford Rhythm Shine Skyway View338 Vya Wall Centre Central Park

MR SF LR LR LR LR MR MR HR LR MR HR

WEST SIDE

41 West 5555 Dunbar 99 West Aperture Arbutus Ridge Binning Tower Block One Boulevard Private Residences Cambie & 7th Canvas

MR LR MR LR/TH MR HR HR LR HR/TH MR

Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

Central Citti Empire at QE Park Granville at 70th Kerrisdale Gardens Lido MC2 Meccanica Midtown North West Opsal Parc Elise Pinnacle Living Broadway Pinnacle Living False Creek Prodigy Radius Sail Shannon Wall Centre Kerrisdale The Laureates The One Tower Green at West The Village on False Creek W10th & Maple Westerly, The

TYPE

C O N TA C T

PRICE

HR MR MR HR MR HR HR HR LR HR HR MR/TH MR MR MR LR LR LR HR HR/MR HR HR MR/TH LR

604.687.4353 604.662.3373 604.687.8800 604.687.2298 604.559.9848 604.872.2672 604.638.9998 604.876.8819 604.563.3330 604.325.5151 604.876.7332 604.336.6380 604.739.2080 604.874.8368 604.221.8878 604.731.5522 604.221.8878 604.267.8882 604.871.4474 604.874.8368 604.707.9378 604.733.2010 604.739.2080 604.558.3399

Call Call From Mid $300’s Call Call From $513,900 Call From $394,900 Call Call Call From $290,900 From $399,900 From $369,900 From high $300s Call Call Call Now Viewing From $349,900 From $319,000 From $390,500 From $429,900 From $300,000’s

LR SF/LR

604.943.8811 604.948.HOME

Call Call

HR LR LR

Cressey.com 604.836.7355 cressey.com

Coming Soon From $490,000 Coming Soon

604.531.6659 604.531.9030 cressey.com 604.818.5603 604.541.8092 604.536.1663 604.560.5535 778.545.8737 604.536.0256 604.538.8028 604.560.1656 604.538.3237 604.560.3238 604.364.7455

From $288,900 From $319,900 Coming Soon From $339,900 $259,900 Call From $219,900 From $364,900 From $289,900 From $314,900 Call Call From $230’s From $299,900

TSAWWASSEN

Brio Tsawwassen Springs WEST VANCOUVER

23rd and Bellevue Galleries on the Bay Kerrisdale by Cressey

WHITE ROCK / SOUTH SURREY

Adagio Avra Beverley Edgewater Elgin House Gemini Headwaters Heights, The Newport at West Beach Royce Saltaire Sausalito South Point Walk Winter Street Mid Rise (MR)

Low Rise (LR)

LR HR MR LR LR LR LR LR LR LR LR LR LR LR Loft (LO)

Townhouse (TH)

New homes available throughout

www.macmarketingsolutions.com Metro Vancouver & Calgary We sell the homes you want to buy. /MacMarketingSolutions 106 METRO VANCOUVER NEW CONDO GUIDE NOVEMBER 14 - 28, 2014

@MAC_Marketing

/MACMSTube


VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.

NEWCONDOGUIDE.COM Published by


Suite 2001 · 3 Bed · 1,054 SF

“AFTER SWEATING IT OUT 9-5, WE LOVE CHILLING AT HOME”

$833,400

Suite 2105 · 2 Bed + Flex · 1,149 SF

$898,900

Suite 1902 · 2 Bed + Flex · 874 SF

$687,900

Suite 604 · 2 Bed + Flex · 871 SF

$647,900

Suite 802 · 2 Bed + Flex · 874 SF

$643,900

Suite 708 · 1 Bed + Flex · 653 SF

$479,900

Suite 205 · 1 Bed + Flex · 610 SF

$394,400

Suite 1805 · 1 Bed · 532 SF

$429,900

Suite 1201 · 1 Bed · 534 SF

$419,900

Suite 805 · 1 Bed · 532 SF

$409,900

Suite 502 · 1 Bed · 620 SF

$362,400

Suite 506 · 1 Bed · 532 SF

$359,900

Suite 301 · 1 Bed · 501 SF

$348,900

AN UNEXPECTED ADDITION TO DOWNTOWN LIVING

ST EN CK LM HE

ST VIE DA

HO RN P BY ST

ST BU RR AR D

Mabel and I work hard and play harder. But at home, we enjoy relaxing to our heating and cooling system. Connected to advanced metering technology and occupancy-detecting thermostats, these ultra efficient radiators deliver complete climatic control. So that we can help our environment, and pay for only the energy we use. Plus, it’s incredibly sleek. Encased in easy-to-remove aluminum grills and durable steel, powder-coated to match the interiors, this system exemplifies design with precision. It’s unexpected for downtown living, and what we love about Addition.

Suite 503 · 1 Bed · 487 SF

$325,900

Suite 603 · Studio · 492 SF

$305,900

HO R NBY & H E L M C K E N · 16 4 C I T Y H O M E S F R O M $3 4 6 , 9 0 0

604 620 6692 ADDITIONLIVING.COM PRESENTATION CENTRE OPEN DAILY 12-5PM, EXCEPT FRIDAYS · 1149 HORNBY STREET

THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES WITHOUT NOTICE. PRICES AND AVAILABILITY ARE SUBJECT TO CHANGE. RENDERING AND VIEW ARE APPROXIMATE ONLY. E.&O.E.


NO SMALL SPACES. EXPANSIVE HOMES THAT DEFY YOUR EXPECTATIONS.

GLASSHOUSE LOFTS Over 70% sold and Move in Ready. Visit GlassHouse Lofts today to preview our selection of spacious designer homes. 3 bedroom lofts and penthouses range in size from 1,180 sq ft to 1,497 and feature 20 foot ceilings, reclaimed brick walls and riverfront views. Expect the unexpected. Prices range from $545,900 to $825,900. Call or visit: 220 Salter St. New West, 604.520.9890

#ARAGONFORWARD


Aragon Properties Ltd. *Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.

COLLECTION OF ARAGON HOMES NOW SELLING & MOVE IN READY

VISIT ARAGON.CA

A collection of triplex, townhomes and single family homes in Port Royal. 260 Ewen Ave, New West 604.544.2258

1 – 2 bedroom condominiums starting in the mid $300’s. 220 Salter Street, New West 604.520.9890


Turn static files into dynamic content formats.

Create a flipbook
BC New Condo Guide - Nov 14, 2014 by NextHome - Issuu