BC New Condo Guide - Jul 10, 2015

July 10 - 24, 2015 Volume 05 Issue 14

GET READY

2 R I V E R G R E E N I S CO M I N G T H I S FA L L C a n a d a ’s m o s t s i g n i f i c a n t wa t e r f ro n t c o m m u n i t y

INSIDE THIS ISSUE

2015 HALF-YEAR MARKET REPORT

THE 10 COMMANDMENTS OF MOVING

GORGEOUS INTERIORS IN WEST VANCOUVER

1 – 3 BEDROOM + DEN HOMES. $299,900 – $692,900

778.398.1344 OR ARAGON.CA/PORTAGE 260 SALTER ST, NEW WESTMINSTER

#ARAGONFORWARD

Aragon Properties Ltd. specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans,

THINK WE’RE SELLING THE DREAM? NO, THESE WATERFRONT HOMES ARE FOR REAL. NOW SELLING

WHEN YOU’RE HOT, YOU’RE HOT. GREAT DESIGN IS NATURALLY BEAUTIFUL.

PORTAGE Situated along the Fraser River in Queensborough, these 2 buildings draw from their natural landscape and use design to be both beautiful and liveable.

The first 48 homes, consisting of 1–3 bedroom + den condo and loft homes, will defy your expectations of what comes standard’ in an Aragon home.

Come visit our 2 designer display homes! MOVE-IN READY.

778.398.1344 OR ARAGON.CA/PORTAGE 260 SALTER ST, NEW WEST

#ARAGONFORWARD

*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

NOW SELLING!

COLLECTION OF ARAGON HOMES

VISIT ARAGON.CA

2 HOMES AVAILABLE

2–4 bedroom waterfront penthouse lofts available.

Viewing available by appointment: 604.520.9890 Heavier

NET GST*

THE BEST 6 WAYS TO LIVE WEST COAST

creekside enclave with classic extended Trans Canada Trail 1 Exclusive 4 Newly West Coast architecture, sustainable – the best outdoor public amenity in 1 BEDROOM design, and personalized interiors through Canada and gateway to active i.D. By Me.

North Shore outdoors.

West Coast Piazza – a vibrant West Coast Club – fully 2 Signature 5 Dedicated euro-styled town square with celebrated equipped fitness centre, yoga room public art and water features.

and social lounge.

views of the North Shore mountains distance to the SeaBus 3 Epic 6 Walking and the Vancouver skyline from your and a full spectrum of shopping, private rooftop terrace designed for your own hot tub spa*.

from a master-planned community built by Adera.

HOMES

STARTING FROM $224,900*

adera.com 604.980.0016 theshore@adera.com

* SELECT HOMES ONLY. LIMITATIONS APPLY. SALES BY DISCLOSURE STATEMENT ONLY. E&OE. SHORE PROJECTS LTD. ADERA REALTY CORP. 2200 – 1055 DUNSMUIR ST., VANCOUVER V7X 1K8 | 604.684.8277

4 NEW CONDO GUIDE JULY 10 - 24, 2015

TOWER 2 NOW SELLING

NOW SELLING

SALES CLOSED

Enthusiasm for New Westminster has been unprecedented—it’s like Gastown with waterfront. That’s why RiverSky’s first tower sold so quickly—and RiverSky2 promises more of the same. It’s right on the waterfront esplanade and steps from SkyTrain. The shops and cafes of River Market are next door.

1 BEDROOM HOMES FROM $275,900 2 BEDROOM HOMES FROM $349,900 3 BEDROOM HOMES FROM $499,900 Sales Centre open daily 12pm–6pm 659 Columbia Street, New Westminster

RiverSky2 is developed by Bosa Properties (RiverSky Land) Inc. Renderings, sketches, layouts and finishes are representational only. Prices subject to change without notice. E. & O.E.

JULY 10 - 24, 2015 NEW CONDO GUIDE 5

6 NEW CONDO GUIDE JULY 10 - 24, 2015

CONTENTS

JULY 10 - 24, 2015

COVER STORY

VOLUME 5

ISSUE 14

IN EVERY ISSUE 12 Editor’s Note

FEATURE 46 Inspiration Onsite: Aston Hill Inform Interiors’ Nancy Bendtsen chats about elevated design, high in the British Properties

by Stephanie MacDonald

COLUMNS 18 Hot off the Web The down low on what’s up on ypnexthome.ca

by Diane Duflot

22 Design Advice Size doesn’t matter

by Jane Lockhart

34 Condo Sense Half-year market report: What’s happened so far and what to expect for the rest of 2015

by Cameron McNeill

38 Make Your Move Pro packing pointers

by Dan Hopkins

40 Buyer Profile Angie’s excitement about moving into The Park Metrotown

by Susan M Boyce

16 Canada’s most significant River Green

new waterfront community

by Susan M Boyce

42 Condo Pro Buying a condo as a vacation property isn’t as crazy as it sounds

by Barbara Lawlor

52 Fundamentally Speaking How much do you expect to pay in interest on your mortgage? Find out the Canadian average

by Wayne Karl

STERLING

by Cressey

37 ELEGANT

KERRISDALE RESIDENCES

The homes you’ve been waiting for from a respected builder Sterling by Cressey offers what so many people have been asking for: spacious, meticulously designed homes within picturesque Kerrisdale. This limited collection of two and three-bedroom residences and penthouses live exactly as a single family home should, offering the grandeur of an elegant, brand new space plus the freedom to leave at a moment’s notice to travel as you please.

RE G I STE R NOW

604.428.8858

S t e r l i n g B y C r e s s ey. c o m

This is not an offering for sale. Such an offering can only be made after filing a disclosure statement. E&O.E.

CONDO PROFILE

58

PRESIDENT, YP NEXTHOME

Jacqueline Hill

Murrayville House A home and community to call your own in Langley

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

by Janine Mackie

ART DIRECTOR

Susan Legge DIRECTOR OF SALES, NATIONAL

Moe Lalani SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri Tammy Leung EDITOR

Stephanie MacDonald CONTRIBUTING EDITORS

Lydia McNutt Sara Duck Wayne Karl DESIGN EDITOR

Yanic Simard

MEDIA CONSULTANTS

Dave Bird 604.319.7102 Brenda Everitt 604.319.7103 SALES COORDINATOR

Justin Salvador

PRODUCTION MANAGER

Bala Gnanapandithan GRAPHIC DESIGNERS

Miguel Cea PRODUCTION CO-ORDINATOR

Bei Zhang

MAPS

COLUMNS (continued)

60 Insider Advice Is buying pre-construction the right choice for you?

by Andrew LaFleur

HOMEBUYERS’ HELP 30 Condo Market Watch Checking out what’s new and hot in Metro Vancouver’s residential marketplace and beyond

by Susan M Boyce

65 Listings Directory

14 Richmond 20 North Shore/Squamish/Whistler

CONTRIBUTING EDITORIAL WRITER

Susan M Boyce Published by

24 Vancouver 32 Tri-Cities 36 Burnaby/New Westminster 44 Maple Ridge/Pitt Meadows 50 South Surrey/White Rock 54 Surrey/Langley

4180 Lougheed Highway Suite 102 Burnaby BC V5C 6A7 T 604.519.6080 F 604.519.6088 newhomeandcondoguide.ca ADVERTISING Call 604.519.6080 for advertising rates and information.

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.

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

THE BEST VALUE IN WEST COQUITLAM WITH 110 HOMES ALREADY SOLD, CROWN IS THE SMARTEST DECISION in West Coquitlam. The only concrete highrise with over-height ceilings, full-size premium appliances, unobstructed views and just steps from the Evergreen Line.

NOW SELLING 1, 2 & 3 BEDROOM HOMES FROM THE $280,000s 604.939.8868 | CrownByBeedie.ca PRESENTATION CENTRE OPEN 12 – 5, SAT – THURS Burquitlam Plaza, #104 – 552 Clarke Rd (near Shoppers Drug Mart)

Pricing is subject to change. This is not an offering for sale. Sale can only be made by disclosure statement. E.&O.E. Renderings are an artist’s conception and are intended as general reference only.

EDITOR’S NOTE

THINK YOU CAN’T AFFORD A HOME? THINK AGAIN.

SUSAN LEGGE Editor-in-chief Yellow Pages NextHome Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge Like us on facebook search: Condo Guide

Much like that bank commercial that says, “You’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you need only to change your definition of “home” to get into the market.

While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for new place to call “home.”

Not only do townhomes and condos afford you the opportunity to live in a prime neighbourhood at a great starting price, but when it’s time to up-size your home, you can often opt to remain in the same neighbourhood, which isn’t always the case for buyers in the single-detached market.

Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the spectrum. Many builders and developers are celebrating grand openings and have new communities available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity.

Have a look through this issue and see what you think. The home of your dreams is waiting.

OUTDOOR AMENITIES & ROOFTOP GARDENS

STEPHANIE MACDONALD Editor Yellow Pages NextHome Stephanie.MacDonald@ypnexthome.ca

12 NEW CONDO GUIDE JULY 10 - 24, 2015

Summer is here and of course you want to spend every single minute you can spare outside and enjoying the beautiful warm weather. In years past, this may have meant walking to the park or sitting on a little patio, but the developers of today have a whole different array of outdoor options for you to consider.

Rooftop gardens with lawns, water features, community growing plots and even lawn bowling and putting greens are popping up everywhere. Outdoor fireplaces and barbeque areas bring you and your neighbours together in an atmosphere of friendly outdoor appreciation, right in the heart of the city.

Whether an outdoor pool is your thing, or you just like relaxing in the sunshine with a book on a lawn, these new outdoor amenities are not just good for the residents of the building. Looking out from an upper story now means seeing more green, less concrete, and the urban birds and bees certainly appreciate it too.

2 bedroom + den homes in a quiet, terraced spot in White Rock Quality concrete construction for a quiet living experience The CresseyKitchenTM – the most celebrated kitchen on the market today, with great flow and so much storage Air conditioning & spacious balconies for the perfect outdoor living room Enjoy the The Beverley Club with a year-round pool, lounge and fitness facility An on-site concierge and no-maintenance home – so you can come and go with ease Barbecue on Beverley’s rooftop patio, where the fresh-air lounges and dining areas make everything taste better

1,047 - 1,289 Sq. Ft. homes from $589,900 to $710,900

Visit us Today.

1479 Vidal St., White Rock 12-5pm Daily (Except Fridays)

This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&.OE.

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#3Rd & Landsdown Rd orchidbybeedie.ca

1708 55A St (at 18th Ave) 604.948.2345

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6511 Buswell St ellerichmond.com

B1. CITYHOMES AT NORTHGATE

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14 NEW CONDO GUIDE JULY 10 - 24, 2015

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7720 Alderbridge Ave 604.276.8885

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5171 Brighouse Way 604.233.2633

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THE NEW STANDARD FOR LAVISH LIFESTYLE at Canada’s m ost s igni f i c a nt wate rf ro nt co m m uni t y Coming this fall. A rare and exclusive opportunity to be a part of Richmond’s most sought after private residences at the renowned River Green Community. Presenting 2 River Green, an unparalleled luxury living experience along Richmond’s signature waterfront.

PRIORITY REGISTRATION

www.rivergreen.com | 604.233.2633 Illustration reflects the artist’s interpretation of the project and may be noticeably different than what is depicted.

This advertisement is not an offering for sale. Such an offering can only be made with a disclosure statement. E. & O. E.

COVER STORY

RIVER GREEN One Community: One Developer: True Waterfront THE ASPAC TEAM understands luxury waterfront communities well. This is, after all, the developer who brought Vancouver’s Coal Harbour to global attention with its exquisite combination of style, elegance and beauty. Both Harbour Green and its predecessor, Waterfront Place, are now iconic landmarks on the Vancouver skyline and have been honoured with a long list of awards and accolades.

The New Coal Harbour in Richmond Now Aspac is bringing its expertise in creating innovative, visionary communities to the Richmond waterfront. Named River Green, this new community is located on 27 acres adjacent to the mighty Fraser River and next door to Richmond’s Olympic Oval. Ultimately to be comprised of more than 20 residential buildings,

By Susan M Boyce

the community boasts 1.1 kilometres of waterfront plus direct access to the City of Richmond’s recently improved riverside trails, a soon-to-be-built pier and floating dock, as well as unobstructed views of the North Shore Mountains, Vancouver skyline, and the Gulf Islands.

As homeowners begin moving into the completed initial phase, 1 River Green, there’s a unique, vibrant sense

2 River Green - Coming this Fall

16 NEW CONDO GUIDE JULY 10 - 24, 2015

Residence at 1 River Green

Three Harbour Green - Vancouver

5 Star Amenities - Infinity Pool

of character emerging — undeniably this is the making of a contemporary, world-class village within the city.

Neighbours are already becoming friends as they make great use of the dazzling array of five-star amenities for health, entertaining and sheer relaxation found at River Green — music room with piano, state-of-the-art fitness centre, multi-media theatre, games room, golf simulator room, as well as an infinity pool with adjacent whirlpool, sauna and steam room. Naturally subsequent phases will continue to raise the bar — that’s simply the way Aspac builds.

Experience the Lifestyle If this sounds like the lifestyle you crave, here’s some news you won’t want to miss — 2 River Green is coming soon. Like the first phase in this new Coal Harbour, the 2 River Green lifestyle is inspired by the world’s finest five-star resorts and hotels: 24-hour concierge services, soaring

lobbies in marble and natural wood columns, and onsite property managers to ensure immediate attention to the smallest detail or request.

Best of all, you can truly immerse yourself in the River Green experience at the totally redesigned and renovated presentation centre. Open by appointment only, this three-level, 24,000-square-foot building is one of the country’s largest presentation centres and showcases three display suites including one of 2 River Green’s spectacular penthouse homes.

Here, you’ll discover how every detail, every finishing in a River Green home is meticulously planned to maximize the feeling of sophisticated luxury. Built-in steam ovens and custom made Italian cabinetry are just two of the features you can expect to find in this trendsetting community. Spaces have an easy sense of connectivity so each area seems to flowing effortlessly into the next.

Feel like checking out the view from a specific floor or suite, watching the sunset, or even exploring the neighbourhood? No problem. The presentation centre’s interactive kiosks let you explore at your own pace. Of course, you could also simply chill out in one of the lounging areas and watch the dramatic river views for yourself in real time. After all, this community is all about living life on your own terms.

No wonder it was awarded the 2014 Urban Development Institute Award of Excellence for Best Master Planned Community in British Columbia.

Experience Richmond’s New Coal Harbour The River Green Community’s newly renovated, three-level presentation centre is now open by appointment only at 5111 Hollybridge Way in Richmond.

Whether you always wished you’d purchased a home in Coal Harbour or you simply appreciated excellence, this is your opportunity to be part of the New Coal Harbour.

Now accepting priority registration.

Presentation Centre open by appointment only.

To book your private tour visit rivergreen.com or call 604.233.2633.

JULY 10 - 24, 2015 NEW CONDO GUIDE 17

HOT NEWS

Hot Off the Web

By Diane Duflot

T

he skinny on what’s happening in real estate in the lower mainland. For more details on these stories, and for more real-estate news, visit nexthome.yp.ca/news

Anne McMullin on Vancouver’s “fabulous but finite environment” In a recent opinion piece, Anne McMullin, CEO of the Urban Development Institute (UDI), explains that Vancouver’s geographical constraints, and not foreign investors, have led to the city’s high real-estate prices. It’s as simple as “Economics 101: Supply and Demand.” Supply: Vancouver’s supply of real estate is limited, because it is bound by mountains and the Pacific. Demand: an increasing number of people are moving here every year, so demand for property in Vancouver is high and only getting higher. Therefore, instead of crippling investors—and current homeowners by proxy—in this market with taxes or other restrictions, McMullin would search for real answers as to the effects of foreign investment, so that solutions that are fair to all involved might be found. One thing is certain, with what McMullin calls Vancouver’s “fabulous but finite environment” and its steady influx of new residents coming from far and wide every year, change, in the form of densification, must come to Vancouver.

Vancouver Launches Vanconnect App The new Vanconnect app provides a variety of information and services for those who are wired on the go. Looking for a park, swimming pool, fitness or community centre?

Want to dispute a parking ticket? Need to apply for a development permit? Want to pay for a dog license? Got a sick street tree that needs to be removed? Know of a streetlight that has gone dark? Have you spotted some graffiti that needs to be removed? A pothole that needs to be fixed? A dead animal that you have no idea what to do with? Vancouver’s VanConnect app can help you with that.

That’s right. There’s an app for that, too, and its available for Apple and Adroid smartphones.

18 NEW CONDO GUIDE JULY 10 - 24, 2015

1500 West Georgia: engaging space Architect Ole Scheeren had designed a new tower for downtown Vancouver that’s creating a lot of buzz, unfortunately not all of the positive variety. Scheeren designed the tower to be a standout on the Vancouver skyline, but critics are worried that it stands out in all the wrong ways, saying that it is disharmonious with the current look of the skyline. Bosa Properties and Kingswood Properties’ joint proposal for the site describes a 500-foot tower that has rectangular blocks protruding from its sides, which has been likened to a giant Jenga tower. The architect himself says of his design that it is “a tower that reaches out horizontally to engage the space of the city.”

UBC student micro units planned People who have been to university don’t likely romanticize those years because of dorm room accommodations.

Although these may never have been spacious, typically, if the University of B.C. has it’s way, they’re about to get smaller. The board of governors is to decide whether or not to build UBC student micro units with a total floor area of 145 sq. ft. on campus. The minuscule units are expected to help with the lack of housing for students at UBC, where the waiting list for residence is 6,300 students long, the highest of any Canadian university. It’s likely that these teeny-weeny units would rent for about $680 when adjusted for inflation by the time they’re finished in 2019.

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Presentation Centre 238 Fell Ave 604.980.0016

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590 Raven Woods Dr 604.929.1915

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600 Mountain Hwy 604.980.5000

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1268D Lynn Valley Rd 604.986.0007

Pemberton Ave and 16th St 778.985.4767

A7. WEST QUAY 21 Lonsdale Ave 604.988.8856

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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.

marcon.ca/millhouse Sales Centre:

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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.

JULY 10 - 24, 2015 NEW CONDO GUIDE 21

DESIGN SECRETS

Why size doesn’t matter

FOR NEW-HOME BUYERS Room designed by Jane Lockhart, Jane Lockhart, B.A.A.I.D, intern ARIDO, Principal Designer, Jane Lockhart Interior Design (janelockhart.com) Photography By Brandon Barré (brandonbarre.com)

W

hen purchasing a new home or condo, size doesn’t have to matter. With condos, townhomes and semi-detached homes becoming more prevalent in many major centres – the average new condo size in Toronto is now 797 sq. ft. – designers and manufactures alike are coming up with space-saving ideas and products to make living in a smaller space practical and beautiful.

The first thing that needs to be established is flow. This can be done even before moving in. As a new-home owner, take the floorplan and decide how the space is to flow to get the best use of each area. This can be done the old fashioned way, by putting pencil to paper or by uploading your floorplan onto an iPad or tablet app that allows you to place furniture on the screen and configure the best set-up. It is important to consider how the space will be used and then plan separate areas for each major activity. Try to design these spaces so they feel separate by creating vignettes with different carpeting, furniture and accessories.

Storage always seems to be a problem in small spaces, but this

problem can be almost eliminated with build-in cabinets. Adding built-in shelving in several spaces does not take up any existing square footage and can go to the ceiling, almost immediately creating a plethora of storage. Built-ins are not only limited to extra storage; this idea can be used to create a desk or home office underneath a staircase, in a child’s bedroom, the kitchen or in a hidden space tucked away. Also, consider using a built-in to house the television and electronics to keep this visual clutter out of sight.

Choose furniture that can do doubleduty. With the sizes of living spaces in urban centres steadily on the decline, furniture manufacturers have stepped up their game. Think about using an ottoman or cube for a coffee table, so when extra company comes, this can turn into extra seating. Consider an ottoman that opens up to allow for storage of throw pillows and blankets inside.

Moving away from the family room, there are a lot of great storage and furniture ideas for the kitchen. Many kitchen tables can easily be folded up and tucked away after a meal. This idea

is also been seen in desk design. Many desk designs include versions that can be folded up and stored when not in use. If a home office is not needed, this idea also works great with home beverage centres or bars.

Creating separation in a small space can make the space appear larger. This can be done by hanging a drape from the ceiling to act as a wall between distinct areas like the eating area and the family room. This allows the area to feel separate, but not boxed in because the walls are not permanent. This can also be done with shelving, but, make sure to use open shelving as not to make the small space feel too closed off.

And finally, adding mirrors or mirrored furniture to a small space can reflect extra light to make a small space feel brighter. In addition, adding artwork with perspective or depth in them, hung strategically on visual walls can create a sense of openness or direction.

Whether moving into a house or condo, size doesn’t always have to matter. There are several design tactics and products on the market to make your space feel as big as you need it to.

The first thing that needs to be established is flow. This can be done even before moving in.

Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart,

by Statum Designs. Visit online at janelockhart.com

JULY 10 - 24, 2015 NEW CONDO GUIDE 23

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

W KING EDWARD AVE

MA

RIN

ED

W 49TH AVE

RI

SW

2. APERTURE

Presentation Centre in Oakridge Mall (south entrance, near Kin's Market) 778.616.7008

3. WALL CENTRE CENTRAL PARK

Boundry Road & Kingsway 604.874.9232

4. MODERN

1001 Harwood St 604.879.2010

5. PARK & METRO

688 SW Marine Drive 604.325.8111

24 NEW CONDO GUIDE JULY 10 - 24, 2015

1265 Howe St 604.568.8283

7. PROXIMITY 2nd Ave & Ont 604.731.3500

8. THE CREEK

95 East 1ar Ave thecreekbyconcert.com

MA

D NE

E 33RD AVE

11. KEEFER BLOCK Keefer St & Main St 604.682.8813

12. RIVER DISTRICT 3302 North Arm Ave 604.879.8830

13. FRAMEWORK

Pender & Main Street 604.620.6223

14. ADDITION

10. RENFREW & 2ND

15. MONARCH

1831 Renfrew St 604-830-3938

E 12TH AVE

SW AY

17

E KING EDWARD AVE

R

9. STERLING

49th & East Boulevard 604.428.8858

NG

E 29TH AVE

3

E 41ST AVE

9

W 70TH AVE

6. TATE DOWNTOWN

1

2

5

benningtonhouse.ca (King Edward and Cambie) 604.558.1907

KI

QUEEN ELIZABETH PARK

W 57TH AVE

1. BENNINGTON HOUSE

E BROADWAY

15

W 41ST AVE

R

10

E BROADWAY

MAIN ST

SW

DUNBAR ST

PACIFIC SPIRIT PARK

E 1ST AVE

W 12TH AVE

OAK ST

L AL

W 16TH AVE

AVE

1149 Hornby St 604.620.6692 Cambie & 28th Ave 604.568.6883

E 49TH AVE

12

VICTORIA DR

W BROADWAY

16

OAK ST

KM

AVE

W BROADWAY

GRANVILLE ST

OO W

H 16T

INAL

W 6TH AVE

MAIN ST

ALMA ST

W 4TH AVE W 10TH AVE

CORNWALL AVE

TE R M

KNIGHT ST

REY RD

VENABLES ST

8 7

CAMBIE ST

JERICHO BEACH PARK

LVD

BURRARD ST

POINT G

18 SE MARIN E

DR

16. INDEPENDENT AT MAIN Main & Broadway 604.879.8850

17. MERCER BY CRESSEY 3456 Commercial Dr 604.879.6400

18. RHYTHM

3202 Riverwalk Ave 604.437.5315

BOUNDARY RD

6

BR ST WE

UBC

E DR

LLOR B

ARBUTUS ST

NCE

MCDONALD ST

AR IN

CHA

E HASTINGS ST

11

RENFREW ST

4

NW M

13

14

COMMERCIAL DR

BURRARD INLET

NEW YORK VANCOUVER LONDON

“ THE TWO GREATEST STORES OF WEALTH

INTERNATIONALLY TODAY IS CONTEMPORARY ART AND APARTMENTS IN MANHATTAN, VANCOUVER, AND LONDON”

– Larry Fink, Blackrock CEO, May 2015

INTERNATIONAL CITY. INTERNATIONAL DESIGN. 3-Storey green screen oasis in the heart of urban Vancouver | Bespoke cabinetry

T ES AK DR

SE YM OU RS T

ST VIE DA

GR AN VIL LE ST

from Friul Intagli of Italy | Heating & cooling from Jaga of Belgium | An international standard of design coming to Hornby & Helmcken.

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

604 620 6692 ADDITIONLIVING.COM PRESENTATION CENTRE 1204 SEYMOUR STREET · OPEN DAILY 12-5PM, EXCEPT FRIDAYS

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.

VANCOUVER

26 NEW CONDO GUIDE JULY 10 - 24, 2015

EVERYTHING YOU NEED, JUST STEPS FROM THE WATERFRONT. One Town Centre is a rare, complete community with everything you need to live well just steps from home—-a grocery store, restaurant, banks, cafés, shops and CLUB CENTRAL, a private fitness and aquatic centre. This is your first chance to be part of River District, Vancouver’s last and largest waterfront neighbourhood, with over a mile of shoreline and 25 acres of open, public green space.

It’s completely incredible.

NOW SELLING VISIT US TODAY!

VANCOUVER

ARIN

E DR

E DRIV E

IVE

KINROSS ST

SE M

SE MAR IN

BOUNDARY ROAD

THIS IS YOUR FIRST CHANCE TO OWN IN VANCOUVER’S LAST WATERFRONT NEIGHBOURHOOD! KERR STREET

1 BEDS FROM $269,900 2 BEDS FROM $399,900

BURNABY

8700 KINROSS ST, VANCOUVER

MARINE WAY

RIVER DISTRICT SALES CENTRE

SALES CENTRE AND DISPLAY SUITE OPEN DAILY 12-6PM (EXCEPT FRIDAYS)

N

FR

AS E

604.879.8830 homes@riverdistrict.ca RW AY

RIVERDISTRICT.CA

Prices and incentives can change without notice. This is not an offering for sale. One can only be made by way of a disclosure statement. E.&O.E.

VANCOUVER

MOVE IN SPRING 2016

1 BEDROOMS STARTING AT

$368,800 2 BEDROOMS STARTING AT

$538,800 Presentation Centre PROXIMITY - An exclusive collection of 1 and 2 bedroom Sat - Thurs, 12pm - 5pm homes in False Creek featuring sustainable and innovative 1751 Quebec Street design. Close to everything and beyond your expectations, 604.828.1029 this is your opportunity to live in Proximity, where life REGISTER: liveinproximity.com and location intersect.

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.

July 10 - 24, 2015 Volume 23 Issue 14

Your best source of real estate information to

July 10 - 24, 2015 Volume 05 Issue 14

MOVE IN TODAY

GET READY

2 R I V E R G R E E N I S C O M I N G T H I S FA L L C a n a d a ’s m o s t s i g n i f i c a n t w a t e r f ro n t c o m m u n i t y

INSIDE THIS ISSUE

UDI REPORT ON THE FRASER VALLEY

TOWNHOUSE, CONDO, ROWHOME. THE DIFFERENCE?

SPOTLIGHT ON NORTH VANCOUVER

INSIDE THIS ISSUE

2015 HALF-YEAR MARKET REPORT

THE 10 COMMANDMENTS OF MOVING

FREE METRO VANCOUVER EDITION

GORGEOUS INTERIORS IN WEST VANCOUVER

JUNE - JULY 2015 VOLUME 14 ISSUE 2

www.homedecorandrenovations.com

buy, sell or renovate

Pick us up at over 750 convenient locations including:

Safeway, IGA, Skytrain Stations, Community Centres and More.

My House

Design/Build/Team MAKES A SPLASH WITH AN AMAZING BUNGALOW TRANSFORMATION THE PARTY’S OUTSIDE! WELCOMING OUTDOOR AREAS

28 NEW CONDO GUIDE JULY 10 - 24, 2015

VIEW THE 2015 GVHBA PARADE OF RENOVATED HOMES

TO ADVERTISE CALL 604.519.6080

VANCOUVER

better design. bigger homes.

T H E NEW FR A M EWOR K FOR EA S T SIDE UR BA N

no down payment? no problem.

Ask about our insanely popular flexible deposit program!

231 PENDER

porte.ca/framework 604.620.6223

ONLY 10 HOMES REMAIN! presentation centre 626 main street

studios from $276,900 1+ fl ex from $409,900 2 Beds from $469,900 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.

JULY 10 - 24, 2015 NEW CONDO GUIDE 29

CONDO WATCH

CONDO MARKET WATCH Condominium homes to keep your eye on

By Susan M Boyce

Voda

Watermark

Vancouver

Sechelt

ON THE STREET: East 1st and Quebec Street ON THE WEB: thecreekbyconcert.com HIGHLIGHTS: The much-anticipated debut tower at Concert Properties’ dazzling Southeast False Creek neighbourhood is coming this July. Located adjacent to the Seawall, steps to Science World and equidistant between Yaletown, Chinatown and Main Street, Voda will be a 16-storey highrise boasting water, city and mountain views. Walking and definitely cycling friendly, this tower features contemporary architecture that incorporates welcoming light boxes and industrial design elements in a subtle nod to the neighbourhood’s industrial past. Landscaped courtyard, generous balconies and terraces, and rooftop garden plots all contribute to a multitude of ways owners can enjoy outdoor living. Plenty of parking for bikes and electric vehicles too. Register now so you’re kept up to date.

ON THE STREET: 5665 Teredo Street ON THE WEB: thewatermark.ca INFO: 855.732.4385 HIGHLIGHTS: Oceanfront condominium homes located in downtown Sechelt, this six-storey, mixeduse development offers terraced architecture with spectacular Georgia Straight views. Just steps to the amenities of downtown Sechelt and only a 40-minute ferry to Horseshoe Bay for when you want to head to Vancouver. A great opportunity for full-time living or as a getaway retreat. Twobedroom homes starting from $339,900. Be sure to ask how you can pay no strata fees for two years and have the developer pay your net GST.

Eastpark Vancouver ON THE STREET: 5080 Quebec and 5085 Main PRESENTATION CENTRE: Main and 22nd ON THE WEB: boffoproperties.com/eastpark HIGHLIGHTS: Super convenient location near Queen Elizabeth Park for this collection of apartment residences plus two-level city homes.

Don’t miss this opportunity to be part of one of Vancouver’s coolest new neighbourhoods.

One-bedroom and flex flats, two-storey city homes with private front yards and entrances, plus dramatic corner penthouses boasting an abundance of outdoor space with wrap around decks and roof top patios. Close to Canada Line, farmer’s markets, great schools, and the eclectic shopping and restaurants that define the Main Street lifestyle.

Proximity False Creek ON THE STREET: Ontario and 2nd Avenue PRESENTATION CENTRE: 1751 Quebec Street ON THE WEB: liveinproximity.com INFO: 604.828.1029 Highlights: Anticipated move in is spring 2016 for this collection of one- and two-bedroom apartment residences — all featuring nine- or 10-foot ceilings — in one of Vancouver’s favourite neighbourhoods.

Centrally located just steps from the Seawall, Steel Toad Brew Pub, transit, and the expanding amenities of The Village, it’s no wonder Proximity boasts a WalkScore of 95, a BikeScore of 98, and a TransitScore of 99. Don’t miss this opportunity to be part of the history that began with the restoration of the Opsal Steel Barn. One-bedroom homes from $$368,800, two-bedrooms from $538,800.

30 NEW CONDO GUIDE JULY 10 - 24, 2015

Tell Us Your News

Got a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop us a note at condomarketwatch@@ypnexthome.ca, and we’ll do our best to get it in the next edition.

QUINTESSENTIAL VANCOUVER BEGINS HERE The Creek makes its debut with Voda, a contemporary 16-storey tower looking out to water, mountain and city views. Voda is your first opportunity to own at The Creek—and a rare opportunity to live the quintessential Vancouver lifestyle.

Discover Life at 1st & Quebec REGISTER NOW TO PREVIEW THIS MONTH More information at thecreekbyconcert.com This is not an offering for sale. Such offering may be made by Disclosure Statement only. June 2015. E.&.O.E. Concert Realty Services Ltd.

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

NE

V

VICTORIA DR

DR

Barnet Hwy

A4

COQUITLAM CENTRE

LINCOLN AVE

DEWDNEY TRUN K RD PRAIRIE AVE LD

R

BRU

SY AVE

TE N ET

DAW ES

Lou

ghe

ed H

HN

ES

Lo

H IL LR

SH

ug

B3 B4

KI

heed

AUSTIN AVE

MUNDY ST

A5

MARI NE R WAY

MUNDY PARK

A2

AUSTIN AVE

Hwy

AU G

B1

NG

he

ed

SW AY AV E

Hw

DOMINION AVE

y

B2

Loug

COMO LAKE PARK

LINTON ST

A7

SMITH AVE

GATENSBURY ST

AR

A3

OTTAWA ST

MA

ST

KE

ER

COMO LAKE AVE

BLUE MOUNTAIN ST

DEWDNEY TRUNK RD

DEWDNEY TRUNK RD

Lo

ug

D

COLONY FARM REGIONAL PARK

wy

ary

l Hil

he

ed

Hw

y

s as

MEADOW GARDENS GOLF COURSE

p By

M

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

2102 - 963 Charland Ave 604.492.3388

A3. UPTOWN2

bosaproperties.com 604.939.2677

A4. BRADLEY HOUSE 3107 Windsor Gate 604.942.8416

32 NEW CONDO GUIDE JULY 10 - 24, 2015

123RD AVE

DEWDNEY TR

HAMMOND RD

PORT COQUITLAM A5. HAZEL

827 Roderick Ave 604.937.2599

A6. EVERGREEN

251 Clarke Rd (In Uptown2 Sales Centere) 604.942.2672

A7. NOVELLA

711 Breslay St Presentation Centre #170 - 3355 North Rd (at Cameron St) 604.563.5777

HARRIS RD

NORTH RD

CL

A1

RD

TH

210TH ST

ST JOHNS ST

DR

B1. ORCHID

2455 Wilson Ave. 604.866.4206

B2. FREMONT GREEN Fremont Connector 604.468.0084

B3. PRIMA

#110 - 2255 Wilson Ave 604.945.3999

B4. SPRING ON KELLY 2214 Kelly Ave. 778.809.3488

GOLDEN EARS BRIDGE

207TH ST

PIONEER MEMORIAL PARK

INLET PARK

LA NS BL VD DOW

IA

203RD ST

TA IN

R TO IC

S BONSON RD

ROCKY POINT PARK

UN

AVE

HARRIS RD

y

w H

SHORELINE PARK

DAV ID

TOWN CENTRE PARK

CEDAR DR

MO

COAST MERIDIAN RD

D

R IT AG E

JOHNSON ST

et rn Ba

OR

HE

PI N

DAVID AVE IOC

R

COQUITLAM/PORT COQUITLAM/PORT MOODY

JULY 10 - 24, 2015 NEW CONDO GUIDE 33

CONDO SENSE

2015 Mid-year review JUMP IN AND HOLD ON TIGHT

By Cameron McNeill

E

very January, we at MAC release our annual MAC Intel report (macmarketingsolutions.com/intel) that reflects on the previous year’s real estate market and looks at the economic trends that will shape the year ahead. Our team anticipated, along with many other experts, that Metro Vancouver’s market would likely see steady growth in 2015 due to historically low interest rates, population growth, increased global investments and a strengthening of the U.S. economy.

Mid-Year Review (Jan – May 2015) January – May 2015

Dec-14

Jan-15

Feb-15

Mar-15

Apr-15

may-15

Total Listings

10320

10811

11989

12376

12436

12336

2116

1913

3061

4060

4179

4056

20.5%

17.7%

25.7%

32.8%

33.6%

32.9%

$ 638,500

$ 641,600

$ 649,700

$ 660,700

$ 673,000

$ 684,400

–

14.90%

20.20%

26.80%

29.30%

16.70%

Dec-13

Jan-14

Feb-14

Mar-14

Apr-14

may-14

–

12602

13412

14472

15515

16072

1953

1760

2530

2641

3050

3286

–

14.0%

18.9%

18.2%

19.7%

20.4%

$ 603,400

$ 606,800

$ 609,100

$ 660,700

$ 615,200

$ 624,000

Dec

Jan

Feb

Mar

Apr

may

–

-14.2%

-11.3%

-14.5%

-19.8%

-23.2%

% change year over year (Sales)

8.3%

8.7%

21.0%

53.7%

37.0%

23.4%

% change year over year (Benchmark)

5.8%

5.7%

6.7%

7.4%

8.7%

9.7%

Monthly Total Sales Sales to active lisings ratio Benchmark Prices Above 10 year average (+)

January – May 2014 Total Listings Monthly Total Sales Sales to active lisings ratio Benchmark Prices

Yr - over - Yr change % change year over year (Listings)

Source: REBGV 34 NEW CONDO GUIDE JULY 10 - 24, 2015

Home buyers continued to remain increasingly active in the early months of 2015, kicking off the year with sales activity above historical norms while active listings trended lower than typical levels

However, rather than holding steady, Vancouver’s real estate market has been writing headlines across the globe as one of the best destinations in which to invest and live in the world. Headlines such as “Forget Gold, Buy a Vancouver Condo…” in the Financial Post and “Global wealth flocks to Vancouver Real Estate” in Business In Vancouver, are just some of the many headlines grabbing the attention of domestic and international investors around the world. As a mid-year review, we’ll analyze some numbers on exactly how active Metro Vancouver’s housing market has been in the first half of 2015.

2014 ended strong with a 16.1% year-over-year increase in total sales of detached, attached, and apartment properties.

Furthermore, this activity returned the housing market to historical norms, putting the region’s sales and listings totals back at median levels compared with 10 year trends. Though the market remained balanced throughout 2014, buyer versus seller activity started to shift as the year came to a close. Metro Vancouver started to experience some upward pressure on home prices with the composite (detached, attached, and apartments) benchmark prices for all residential properties in the Real Estate Board of Greater Vanvouver (REBGV) reaching $638,500 as the new year approached.

Home buyers continued to remain increasingly active in the early months of 2015, kicking off the year with sales activity above historical norms while active listings trended lower than typical levels. For the January 1 – May 31, 2015 period, the REBGV showed a 7.2% composite (Detached, attached, and apartments) benchmark price increase at $684,400. By March, more homes had traded hands for the month throughout Metro Vancouver than had since 2007, breaking an 8-year record. The sales-to-active listings ratio* — a measure used to indicate housing activity levels — reached an impressive 32.8% (anything over 20% is considered a seller’s market) and hasn’t showed any significant slowdown since. With increasing global and local demand, home purchases began to outpace supply with activity levels soaring as high as 29.3% above our 10 year average within the first 5 months of the year. With ongoing low interest rates, a low Canadian dollar, and a shortage of supply, we forecast that the latter half of 2015 will see

the Metro Vancouver housing market continue to put in a strong performance although it may slow slightly from the blistering pace set in the first half. *The sales-to-active listings ratio is a measure of balance between supply and demand in the housing market.

The market is considered balance between 14% and 20%.

All data is based on REBGV data.

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

JULY 10 - 24, 2015 NEW CONDO GUIDE 35

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

NEW WESTMINSTER

BARNET MARINE PARK

INL ET

G GA

ROYAL OAK AVE

BOUNDARY RD

WILLINGDON AVE

NELSON AVE

ROYAL OAK AVE

DE

4567 Lougheed Hwy. 604.563.8386

RI

A5. BRENTWOOD

ST

604.456.0688

R

DS

ON

ST

E AV ALB4 Y B1 RO

B3

B2 DUNCAN ST

E WAY

A6. NOVELLA

YD BO

ST VE

BOUNDARY RD

A 170 - 3355 North Rd EN EW 604.563.5777

A7. STATION SQUARE

AY TW

5021 Kingsway

D

AR EW

EN

A4. MODELLO

E

RW

4189 Halifax Street 604.291.9130

IN

Y WA

DE

Griffiths Dr & 14th Ave 604.527.7955

H

AR

ST

M

MAR IN

BURNABY

DR

MARIN E WA Y

QUEEN’S PARK

H

S

8T

1

TH

DR

SOUTHRIDGE DR

E AV

CB

E AV

B5

6T

H 0T

BRAID ST

E AV

M

H

6T

FI

MAR IN E

E AV

ST

GILLEY AVE

D

H 8T

A1 A2

H

8T

AN

IMPERIAL ST

IF

PATTERSON AVE

1

E AV

RL

AL

RI

BE

PE

TH

10

M

IM

E AV

AY W

IMPERIAL ST

WA Y

H 6T

A AD

GS

ST

N CA

KI N

D ST

4670 Assemble Way stationsquare.ca

A8. ALTITUDE

89955 University High Street 604.456.8883

A10. CROWN

Presentation Centre #104 - 552 Clarke Rd 604.939.8868

B3. TRAPP & HOLBROOK 702 Columbia St 604.525.0223

B4. RIVERSKY

659 Columbia St 604.522.2583

B5. THE SAPPERTON AT BREWERY DISTRICT 285 Nelson's Court 604.525.3941

BURNABY LAKE REGIONAL PARK

CU

OAKL AN

A4

A3. AVIARA

A6

LOUGHEED MALL

DEER LAKE

DEER LAKE PARK

METROTOWN

A2. REDBRICK

A9

AD AW AY

GR

SE MARINE DR

D

AUSTIN AVE

CA N

A7

CENTRAL PARK

R LA

AY IW

Lougheed Hwy

SPROTT ST

260 Salter St 778-398-1344

RD

AR U DI WA Y

R

BROADWAY

49TH AVE

RS

KE

ED

E N IV

GA GL

SQUINT LAKE PARK

A11

A10

B2. PORTAGE PORT ROYAL

RE

AR

EYS TON

D ITY

NORTH RD CL

GR

BURNABY MOUNTAIN GOLF COURSE

BCIT

125 Columbia St 604.523.0081

W

SFU

CLIFF AVE

A5 BRENTWOOD MALL

B1. NORTHBANK

Barnet Hwy UN IVE RSITY DR

A8

SPERLING AVE

HOLDOM AVE

WILLINGDON AVE

HASTINGS ST

A3

BURNABY MOUNTAIN PARK

DR

CONFEDERATION PARK

A10. ALDYNNE ON THE PARK

5808 Patterson Ave 604.451.9517

A11. MADISON & DAWSON 604.428.0210

T H E L O W E R M A I N L A N D ’ S B E S T V A L U E on T R A N S I T E V A E T T E N U

NEW WESTMINSTER

R

AT S A P P E R TO N S KY T R A I N S TAT I O N

2 BEDS FROM $365,900

B

SALES CENTRE 285 NELSON’S COURT

E COLU MB IA ST

1 BEDS FROM $259,900

N O O N – 6 P M (C LO S E D F R I DAYS ) I N F O @ T H E B R E W E R Y D I S T R I C T.C A T H E B R E W E R Y D I S T R I C T.C A 604.525.3941

This is not an offering for sale. One can only be made by way of a disclosure statement. Prices are subject to changed without notice. E.&O.E.

MAKE YOUR MOVE

Packing up for the move BREAKING DOWN THE PROCESS

By Dan Hopkins

Make sure to use packing paper or bubble wrap to protect fragile belongings – newsprint from newspapers used to wrap items can be messy to clean up.

M

oving homes can feel like an overwhelming task, with packing up all your belongings being the first major challenge. With a few deep breaths and these packing tips, though, you can conquer the move without losing your mind.

Before packing You want to reserve your movers or moving company at least eight weeks prior to your move during busy periods to guarantee availability on moving day. Once you have your movers selected, you can start to pack up your belongings in anticipation of their arrival.

Some moving companies will even pack for you, simplifying and streamlining the moving process.

Start packing Once you have determined your moving date, start packing. Box up belongings

38 NEW CONDO GUIDE JULY 10 - 24, 2015

that you don’t use often and store them somewhere out of the way. Storage areas are usually good places to start because they are not high-traffic areas.

If you have kitchen supplies, occasional dishware like fine china, or small appliances that go unused on a daily basis, carefully pack them away a few weeks before the move. Make sure to use packing paper or bubble wrap to protect fragile belongings – newsprint from newspapers used to wrap items can be messy to clean up. Keep a record of what goes into which box so you can find what you need instantly when it comes time to unpack.

Keep packing If you stand back and look at everything you need to pack, you’ll just be overwhelmed. Just start packing. If you start early enough, you can break up the packing process into a more gradual

and less stressful experience. Save the items that you use daily to pack last and make sure to label each box. Avoid packing items from different rooms in the same box to prevent confusion when unpacking.

Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca

REGISTER N OW

A FA M I LY S T O R Y

BY PORTE Thoughtfully crafted collection of 1, 2 and 3 bedroom homes.

1 BEDROOMS FROM $298,900 2 BEDROOMS FROM $389,900 3 BEDROOMS FROM $599,900 CO M I N G T H I S FA L L T O B R E N T W O O D R E G I S T E R N OW F O R E XC L U S I V E AC C E S S PORT E . C A / B R E N T WO O D

Pricing subject to change without notice This is not an offering for sale; sales can be made with a disclosure statement only, E&O.E.

BUYER PROFILE

Angie at The Park Metrotown CREATIVE INVESTMENT IN THE FUTURE

By Susan M Boyce

S

ometimes things just come together. So when Angie and her mom walked into the presentation centre at The Park Metrotown in Burnaby, she knew she’d found the home she wanted.

“I’d been looking at different neighbourhoods in Metro Vancouver since September last year,” she says.

“Brentwood didn’t really give me the lifestyle I wanted, and most of the buildings had a lot of amenities I’d never use even though I’d be paying for them through my strata fees.

Burquitlam was nice, but a bit too pricy for me.” Metrotown was perfect — close to transit, close to her parents, and affordably priced.

Value and Style Angie says she’d initially planned to buy a one-bedroom and den on the 25th floor. “But then I realized a two-bedroom on the 16th floor was a better value. I could start a family here, or in the event I move away for work — which is common among my generation — my parents could move in and I’d have a place to stay when I visit.”

She also fell in love with her twobedroom’s extra large balcony. “I can fit a barbeque sideways which will be really convenient when I have friends over.” Better yet, the corner location means window on two sides. “So I’ll have views of the mountains to the north and sunsets to the west.”

Crunching the Numbers Like many of her friends, even though Angie can easily afford the monthly expense of owning a home, coming 40 NEW CONDO GUIDE JULY 10 - 24, 2015

I’ll have views of the mountains to the north and sunsets to the west.

— Angie

After travelling for a year, Angie’s looking forward to settling into her new home.

Photo: Alex Novadnieks

up with the down payment was a major roadblock. She talked to her parents, and together they came up with a creative, win-win solution.

“They’re providing the 20 per cent down payment, I’ll handle the mortgage payments, and whenever I sell, 20 per cent of the profit will go to them,” Angie explains. The significant up front money not only means lower ongoing monthly costs, but removes the insurance requirement of a high ratio mortgage — yet another saving on the bottom line.

Angie says she’s excited to now have

a clearly defined financial goal. “We looked into buying something second hand, but it would have had to be a sale right now. A presale gives me some time to save up and plan things like furniture so I get just the look I want.”

She smiles. “And, of course, to plan the housewarming party too.”

The Park Metrotown sales centre is located at 4700 Imperial Street in Burnaby. For more information visit theparkmetrotown.com or call 604.936.1888.

KIN

GSW AY

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PRESENTATION CENTRE

ST

ROYAL OAK AVE

ESF O

MARLBOROUGH AVE

BER

NELSON AVE

WIL

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BURNABY/NEW WESTMINSTER

JULY 10 - 24, 2015 NEW CONDO GUIDE 41

CONDO PRO

Live the vacation lifestyle, all year round

By Barbara Lawlor

I

f buying and maintaining a cabin or vacation property outside of Metro Vancouver is financially and physically out of the question, consider purchasing a condominium instead. Yes, a condo can serve as a wonderful second home, whether it is nestled adjacent to a lake or golf course, or in an urban setting.

Use it as a pièd-a-terre for special times with family and friends, minus the worry and hassle of maintaining the property and its amenities.

And oh, the amenities! In addition to being the affordable choice in real estate, today’s new condos offer magnificent extensions of your living space in the forms of fitness facilities, theatres, party rooms, landscaped terraces, indoor and/or outdoor pools, games rooms. You get the beautiful picture. And remember that even if you purchase a compact suite, you have equal access to these common areas as the penthouse dwellers. Imagine being able to host a baby or wedding shower, birthday or anniversary party, or any other celebration in a glorious multi-purpose room right under your roof. There is no need to plan space for exercise equipment in your suite, when professional machines and aerobics/ yoga/Pilates spaces are but an elevator ride away. Most condos even have a guest suite if you invite family or friends to stay over.

Vacation mentality reigns in the spectacular rooftop terraces many buildings feature nowadays. These urban oases can include anything from

42 NEW CONDO GUIDE JULY 10 - 24, 2015

pools to outdoor kitchens, lounge chairs, cabanas, barbecues, dining areas, trellises, water features and more.

Standing on a condo rooftop looking out over a lake, golf course, forested area, people bustling in and out of stores and restaurants, or brilliant city lights is magical.

Taking resort-style living to an all-time high, you might even choose a condo atop a five-star hotel as your vacation home base. How luxurious it is to tap into hotel amenities such as food delivery, valet, turn-down service, etc. from your own home!

Where to look for a condo? You will find condominiums going up close to highways and public transportation routes, which means they are likely a lot easier to get to than fighting cottage and airport traffic throughout the seasons.

Once you are at your condo, chances are, you will be able to walk to the very attractions that attract you, whether they involve playing a round of golf, sailing into the sunset, or indulging in dinner and a show in downtown Vancouver. At the most, these fabulous venues are a quick cab or subway ride away. Think of a condo as your home base for fun.

The condo you select can also be a great home base for your furry friends, and let’s face it – many people consider their pets part of the family and would not consider holidaying without them.

Most condominiums are situated close to parks and green spaces where you can take your dog for walks, and many even offer pet grooming rooms and

spas among their amenities. It’s great to clean off your pet’s paws before entering your suite.

You can own the luxury of a condo for affordable prices, which is especially important if this is your second residence. Check out what a detached home anywhere in the Metro Vancouver, a cabin in Whistler, a residence on the beach on Saltspring Island would cost you.

Best of all, a condo in the Metro Vancouver affords you more opportunity to enjoy whatever leisure time you have, rather than eating it up with traveling, mowing lawns, shoveling snow, cleaning pools, etc. It’s the perfect vacation property!

Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in Canada and overseas.

BURNABY/NEW WESTMINSTER

JULY 10 - 24, 2015 NEW CONDO GUIDE 43

CEDAR DR

PITT MEADOWS | MAPLE RIDGE 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

3

232RD ST

DEWDNEY TRUNK RD

228TH ST

224TH ST

227TH ST

123RD AVE 203RD ST

DEWDNEY TRUNK RD

1

HAMMOND RD

207TH ST

S BONSON RD

HARRIS RD

AIRPORT

R IVE

R RD

2

240TH ST

PITT M EADOWS

4 116TH

248TH ST

FORD RD

HARRIS RD

GOLF COURSE

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

N

y

Hw

104TH AVE

102TH AVE

MAPLE RIDGE 1. SIGNATURE AT FALCON CENTRE 11862 226th Street 604.477.1500

2. REFLECTIONS ON THE RIVER 22327 River Road 604.477.1500

44 NEW CONDO GUIDE JULY 10 - 24, 2015

3. STATION ONE 12070 227th St. 778.878.1347

A4. RIVER'S EDGE 11580 223rd St 604-453-4965

JAC KS O

ed

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240TH ST

DR MACLU RE

PITT MEADOWS/MAPLE RIDGE

W NEPLAYEN DIS E OP IT SU

LUXURY WITHIN REACH

AT FALCON CENTRE

Upscale Finishes • Expansive Living Spaces • Over-sized Windows A boutique collection of 23 condos in downtown Maple Ridge

TWO BEDROOM PLUS DEN HOMES UP TO 1,540 sq.ft.

MOVE IN SUMMER 2015 PRESENTATION CENTRE

AT FALCON CENTRE

LOUGHEED HIGHWAY VANCOUVER

RIV

7 N

ER R

D

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MIS

FR

A

HA

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604.477.1500

DOWNTOWN MAPLE RIDGE

226 ST

Open daily noon-5pm 101 - 11882 226 Street Maple Ridge, BC

DEWDNEY TRUNK RD

222 ST

PRESENTATION CENTRE

SE

NE

R

RI

V

ER

YB

YP

AS

S

signaturefalconcentre.com JULY 10 - 24, 2015 NEW CONDO GUIDE 45

INSPIRATION ONSITE

WEST VAN WONDERLAND Inform Interiors’ Nancy Bendtsen explains her approach to designing with large spaces and expansive views

By Stephanie MacDonald

B

ritish Properties and Inform Interiors team up for this luxury showsuite in Aston Hill; British Properties townhomes with spectacular views. And if the views aren’t enough, there’s plenty more to entice buyers of this collection of just 20 spacious, elegant homes, which include several terraces for outdoor living, huge walk-

46 NEW CONDO GUIDE JULY 10 - 24, 2015

through pantries with a wet bar and yes, an elevator.

What is more, the show suites’ interiors were created by Nancy Bendtsen of Inform Interiors and they strike a beautiful balance between being comfortable, interesting and making the most out of the spectacular vistas available from almost every room. We

caught up with Nancy and asked her about how to achieve this balance.

This home’s main floor is very open. How do you create different areas of intimacy within such a large open space?

Leaving space between the separate areas, gives breathing room and area carpets also pool the furniture like it’s

BIO Nancy Bendtsen was born in Toronto, studied architecture at L’Ecole des Beaux Arts in Paris and at the University of Toronto.She has worked at Inform Interiors for 20 years.

on islands. Changing accent colours, so that the entire large room works together but there are distinctions between areas.

There is a lot of artwork in this show home. How did you choose what to use, and do you have take into account the spectacular view that you can see from almost every room?

The view is amazing, and frankly could be all the art that you need. But we

envisioned that the owners would be sophisticated, travelled people with an art collection. Also, how else to best show the fabulous wall space that is available in these homes?

The light fixtures in this house are very arresting. When you are choosing your lighting do you look at each piece as a separate entity or do you choose pieces that will work together as a whole?

We work with the whole, and then look to see where we can add something, colour, shine, texture etc.

When choosing outdoor furniture for a deck that is so exposed, what do you

have to take into consideration?

Firstly, that it is properly made of EP stainless steel or aluminium and that it’s heavy so that it won’t blow away. At our home, we love our terrace, so it’s natural to have a large table, soft seating and the best chaises.

There was an unusual mix of almost industrial furniture juxtaposed with all the wood and natal granite of the finishings. How do you strike this perfect balance of interesting pieces with still feeling homey?

These are amazingly expansive homes, deserving of a natural mix of furniture.

One never wants a show home to look decorated, just real.

JULY 10 - 24, 2015 NEW CONDO GUIDE 47

PITT MEADOWS/MAPLE RIDGE

W O N

G N I L

L

SE

Water Views • Folding Accordion Doors Lead to 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

MOVEMENT IS LIFE

48 NEW CONDO GUIDE JULY 10 - 24, 2015

PITT MEADOWS/MAPLE RIDGE

ACT NOW FOR THE BEST SELECTION OF MOVE-IN READY HOMES

ONE BEDROOMS STARTING AT $157,900 · 1 bedroom from 590 – 1075 sq ft · 2 bedroom from 1050 sq ft · Walk to West Coast Express

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Best value in Maple Ridge RiversEdgeLiving.ca

Ha ne yB

116 Ave

CALL US AT

604.453.4965

as s

Fraser River

yp

223 St

Rive

OPEN SAT – SUN 12– 5PM, OR BY APPOINTMENT.

r Rd

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*this is not an offering for sale; such can only be done with disclosure statement E&O

JULY 10 - 24, 2015 NEW CONDO GUIDE 49

176TH ST

184TH ST

176TH ST

184TH ST

168TH ST

152ND ST

eorge Hwy

SOUTH SURREY | WHITE ROCK

40TH AVE SERPENTINE FEN NATURE RESERVE

7

SC

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CRESCENT BEACH / BLACKIE SPIT

T

EN

99a

RD

99

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32ND AVE 6

SUNNYSIDE ACRES URBAN FOREST PARK

CRESCENT PARK

24TH AVE

5

24TH AVE

ng

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24TH AVE

164TH ST

26TH AVE

168TH ST

152ND ST

3

16TH AVE

9

160TH ST

148TH ST

140TH ST

y

16TH AVE

4

Hw

128TH ST

e

16TH AVE

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20TH AVE

Ge

SOUTH SURREY ATHLETIC PARK

8 1

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DR

15 10TH AVE 8TH AVE

SOUTH SURREY / WHITE ROCK 1. NEWPORT AT WEST BEACH www.newportliving.ca 604.536.0256

2. ELGIN HOUSE 3323 - 151st St 604.541.8092

3. GEMINI

15336 - 17A Ave 604.536.1663

4. ADAGIO

7. EDGEWATER

5. HEIGHTS CONDOS

8. ROYCE

6. SOUTH POINT WALK

9. BEVERLEY

2855 156th Street, Surrey 778.545.8737

29A Ave & 152 St 604.560.3238

CONDO HOMES at

BY LAKEWOOD

50 NEW CONDO GUIDE JULY 10 - 24, 2015

36 Ave & 152nd St. 604.818.5603

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14855 Thrift Ave 604.538.8028

1458 Vidol St beverleybycressey.com 604.560.0075

Early Bird Special!

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2855 156 Street, Surrey | Open Saturday & Sunday 12-5 pm (or any time by appointment) | www.theheightsliving.ca | 778-545-8737

8TH AVE

SOUTH SURREY/WHITE ROCK

JULY 10 - 24, 2015 NEW CONDO GUIDE 51

FUNDAMENTALLY SPEAKING

$60K – what Canadians pay in mortgage interest

By Wayne Karl

I

t’s a scary question many homeowners are afraid to answer: how much will your mortgage interest total over the lifetime of your mortgage? Well, wonder no more – a recent poll from BMO Bank of Montreal has the answer: $60,000.

But that’s the average for Canada. Some will pay more, some less. » While the average amount Canadians expect to pay in mortgage interest is $57,938, the figure rises to its highest in Canada for residents in BC at $95,891. Homeowners in Atlantic Canada expect to pay the least, at $35,454 » Canadians expect an increase in interest rates over the next five years (60 per cent), with 48 per cent expecting a small increase and 12 per cent a large increase » Most Canadian mortgage holders (67 per cent) currently hold a fixed-rate mortgage, sheltering them against any potential upswings “It’s quite telling of the extended low-rate environment that a sizeable percentage of respondents [40 per cent] do not expect interest rates to go up in the next five years,” says Sal Guatieri, senior economist, BMO Capital Markets. “Hopefully, many have not been lulled into thinking that rates will never go up, as they could be tempted into taking on too much debt.”

It’s not surprising that British Columbians are paying the most mortgage interest, as house prices in that province are the highest in the country, he says. The average was $623,000 in April, compared with $437,000 nationwide and $456,000 in Ontario.

“In any interest rate environment, it’s important that Canadians stress-test their mortgage against a higher rate to ensure they can afford it over the long term,” says Martin Nel, vice-president of personal lending and investment products, BMO Bank of Montreal.

Average age of mortgage freedom inches higher: On average, Canadians expect to become mortgage-free by the age of 59 – up from 58 in the last two years.

One-third (31 per cent) expect to still be making mortgage payments on their 65th birthday.

3 tips to become mortgage-free faster:

1

Think carefully about fixed versus variable: While variable-rate mortgages have been a winning strategy over the long term, fixed-rate mortgages (currently near historic lows) come with the peace of mind of being insulated against rate increases.

52 NEW CONDO GUIDE JULY 10 - 24, 2015

2

Stress-test your mortgage: Gauging the stability of your mortgage by stress testing it against a higher interest rate can help establish a plan to ensure long-term affordability.

3

Understand every step of the homebuying journey: The BMO Home Buyers Guide provides advice and information to guide buyers through the process of financing, choosing and buying a new home. Visit bmo.com for more information.

SOUTH SURREY/WHITE ROCK

JULY 10 - 24, 2015 NEW CONDO GUIDE 53

SURREY | LANGLEY 116TH AVE

NO

R

RD

112ND AVE

108TH AVE

12

W ay

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GR

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A6

104TH AVE

A9

Fr a

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104TH AVE A8

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Hw

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A2 88TH AVE

88TH AVE BEAR CREEK PARK

216TH ST

208TH ST

200TH ST

192ND ST

184TH ST

168TH ST

176TH ST

10 RD

B2

A1

R

A5

LO VE

160TH ST

152ND ST

B1

72ND AVE

A7 64TH AVE

G

WATERSHED PARK

AV E

80TH AVE

99a 64TH AVE

TH

B3

1a 144TH ST

128TH ST

120TH ST

112TH ST

72ND AVE

King George Blvd

80TH AVE

96

RD

Fr as

GOLDEN EARS BRIDGE

96TH AVE

GL OV ER

TYNEHEAD REGIONAL PARK

232RD ST

GREEN TIMBERS URBAN FOREST PARK

96TH AVE

216TH ST

S

A3

60TH AVE

61A

58TH AVE

A4

56TH AVE

LANGLEY BYPASS

56TH AVE

B5 Fra s

er H

10

GR

SURREY A1. YALE BLOC

19557 64 Avenue www.yalebloc.com

A2. MANAROLA

8695 160th Street 604.800.9255

A3. MAXX AT VERVE 13913 Fraser Hwy. 604.588.3783

LANGLEY

SERPENTINE FEN NATURE RESERVE

A4. LINGO

5665 177B Street 604.727.5478 99

A5. UNIVERSITY DISTRICT

104th & University Dr 604.588.5795

A6. G3 RESIDENCES

54 NEW CONDO GUIDE JULY 10 - 24, 2015

AD

104th Ave. & 154th St. 604.453.6688

ER

wy

B4 D

48TH AVE

A7. THE RIDGE AT BOSE FARM

B1. KENSINGTON

B3. ATHENRY GATE 40TH AVE

A8. EVOLVE

B2. ELEMENTS

B4. MURRAYVILLE HOUSE

16390 64th Ave. 604.888.5514

13328 104th Ave. 604.497.0102

A9. CHROMA

15628 - 104th Ave 604-581-5399

20678 Willoughby Town Centre Drive 604.427.3311 20211 66th Ave. 604.533.7718

8312 Street 604.882.8857

5020-221A Street 778-808-6563

B5. CORNERSTONE 5655 210 Street 604-536-6000

SURREY/LANGLEY

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?

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H 8 LE

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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

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5

6O AVE

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JULY 10 - 24, 2015 NEW CONDO GUIDE 55

3 CIVIC PLAZA — SURREY’S TALLEST TOWER THE BEST ADDRESS in Surrey City Centre with the best views and uncompromising quality — hotel-inspired finishings, gourmet kitchens, elegant bathrooms and expansive nine-foot ceilings.

3 CIVIC PLAZA gives you the largest living

A VIEW FROM THE TOP — visit the Sales Centre

spaces like no other in Surrey City Centre.

on the 25th Floor of the Central City Tower.

563 to 1,404 sq.ft. of living space 1, 2 and 3 bedrooms available

BY APPOINTMENT ONLY

Priced from the $250s to the $790s*

3CivicPlaza.ca | 604 951.3331

THE NEW HOME OF LUXURY

Prices are exclusive of taxes and subject to change without notice. E.&O.E. Sales and Marketing by Fifth Avenue Real Estate Marketing Ltd. fifthave.ca

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CONDO PROFILE

and den, two-bedroom and twobedroom and den homes ranging from 635 square feet to 1,131 square feet and priced from $224,900.

Murrayville House will integrate home and community into a lush, landscaped setting with private walkways and a central courtyard, large amenities room with patio and a children’s playground.

Its spring 2016 completion date can’t come soon enough for recent buyers like Karen McIntosh.

“For me to come from a 2,100 square feet foot home, to a 1,040 square foot plan gives me lots of space to still have family or grandchildren over,” she says.

“I’m just so excited for a fresh start and to decorate as I please.”

MURRAYVILLE HOUSE A home and community to call your own

By Janine Mackie

T

he best advertising for Murrayville House is the people buying their homes there.

“They’re all so happy and quick to tell a friend,” says Heather Forman, sales manager for this four-storey 92-home residential community in Langley’s sought-after Upper Murrayville neighbourhood.

From Langley locals downsizing from acreages, Ontario buyers retiring near friends, to young families, professionals and seniors appreciating the convenience of living a block from the hospital and nearby amenities — the full spectrum of homebuyers are spreading the good news.

Small town feel with big city amenities “Until now, Upper Murrayville has been underserved in terms of quality, affordable one-level homes,” says Mark Chandler, president of Newmark Group — the company building this community at the northwest corner of 222nd St. at Fraser Hwy. “There are many people who want to live in this safe community with its quality shops, pubs, rec centre, nearby wineries and farmers’ markets, yet there hasn’t been enough available homes to meet their needs.”

Today homebuyers can choose from a variety of floor plans at Murrayville House: one bedroom, one-bedroom

Quality, innovative design and meticulous attention to detail And for those who need some prodding that downsizing truly leads to a richer life, recent complimentary workshops at the presentation centre provided practical advice for making that transition from single-family home to condo.

Built-to-scale, the furnished showhome provides the opportunity to experience Murrayville House in living colour with its hardwood laminate flooring, well-designed kitchen featuring a pantry, stainless steel appliances, solid quartz countertops and shaker-style cabinetry. Each detail from the handset tile in the ensuite to the spacious covered decks adds comfort and style to everyday living.

Murrayville House brings together the enjoyment of a quality home and an excellent community. Learn more at MurrayvilleHouse.com and visit the sales centre at 220-230 22196 50th Ave., beside the new Shoppers Drug Mart in Langley, open daily (except Fridays) noon to 5 p.m.

SURREY/LANGLEY

OM .C E S U O H E L IL V Y A R R U M t info a SS MEMORIAL PARK. MOVIE STARTS AT DUSK DENNY RO

JULY 22

BACK TO THE FUTURE

K R A P E H T IN

AUGUST 5

JULY 29

PIRATES OF THE CARIBBEAN

HOME

50% SOLD PRE-SALES STILL HAPPENING

SELLING FAST SALES CENTRE OPEN DAILY

52 Ave

52 Ave

12pm-5pm (except Friday)

52 Ave

Murrayville House is an exclusive boutique collection of ninety-two, 1 & 2 bedroom homes, many with dens situated in the best location of Langley; Upper Murrayville.

Langley Memorial Hospital 50 Ave

50 Ave

SALES CENTRE

220 -230 22196 50TH AVE, LANGLEY

a Ave

49 Ave

48 Ave

48 Ave

FOR MORE INFORMATION CALL

Sales Centre 604.534.8152

Murrayville Square

a Ave

• 5% down payment • Interest rates at historical lows • Use your tax return as down payment

48 Ave

48 Ave

REGISTER ONLINE FOR MORE INFORMATION

MurrayvilleHouse.com MARKETED BY

SALES BY

DEVELOPED BY

Murrayville Elementary School

Denny Ross Park

• Minutes from Langley Centre • Close to all local amenities • Steps to public transit FOLLOW US

MurrayvilleHouse

NEW HOME WARRANTY

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. Movie Nights will proceed, weather permitting, as scheduled.

IN THE PARK

JULY 10 - 24, 2015 NEW CONDO GUIDE 59 Project

Date

Revised

Docket

Murrayville House

26.06.2015

26.06.2015

T - 1437

Colours

Cyan

INSIDER ADVICE

Risks and rewards of buying pre-construction

By Andrew La Fleur

their unit out for at least one year (preferably more) after the completion of the building. Flipping before project completion (assignment) is a highly risky strategy and should be considered only as a back-up plan.

With this in mind, you should only buy a pre-construction condo that will provide you with positive or break-even cash flow with the standard 20 to 25 per cent downpayment. If at the current valuation and given current market rates for rents, you cannot reasonably expect to cover all your expenses, then stay away!

If you do your homework before buying by following these two tips you will be in great shape for years to come.

I

nvesting in a pre-construction condo is not without risk. You are effectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you paid for it.

A lot can happen in three to five years while your condo is being built. Here are two tips to help ensure your investment is a successful one.

1 Always buy below market value Your goal should always be to buy something that will increase in value, and the best way to do that is to buy something that is priced below the current market value of a similar resale property. For example, if a one-bedroom across the street in a brand new

60 NEW CONDO GUIDE JULY 10 - 24, 2015

completed building sells at $300,000, and you can buy a similar onebedroom in a pre-construction condo at $285,000, then you are well insulated from any market fluctuations over the next few years and you are positioned to have a property that is worth more when completed than when you bought it before construction start.

2 Always buy cash-flow positive Investing in real estate is not a get rich quick scheme, but it is how most of the world’s wealthiest people have earned their fortunes. The best real estate investors always buy for the long term.

I always encourage my clients to take the long-view approach when buying pre-construction and to plan on renting

Andrew la Fleur is an awardwinning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Canadian Condo Market.

Visit TrueCondos.com/ NewCondoGuide for a free gift.

Contact Andrew at 416.371.2333 or andrew@truecondos.com

SURREY/LANGLEY

JULY 10 - 24, 2015 NEW CONDO GUIDE 61

SURREY/LANGLEY

GROUP

62 NEW CONDO GUIDE JULY 10 - 24, 2015

SURREY/LANGLEY

JULY 10 - 24, 2015 NEW CONDO GUIDE 63

SURREY/LANGLEY

17 16 AVAILABLE TO MOVE-IN THIS WINTER!

CONDOS STARTING FROM JUST $247,900 UP TO $539,900

64 NEW CONDO GUIDE JULY 10 - 24, 2015

BRITISH COLUMBIA’S

NEW CONDO DEVELOPMENTS PROJECT

TYPE

C O N TAC T

PRICE

PROJECT

Uptown2

ABBOTSFORD

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

LR LR LR HR LR

604.309.7155 604.864.8948 604.557.1047 778.255.9990 604.850.3694

Call Call Call Call From $179,900

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 604.456.0688 604.563.5777 604.431.6033 604.438.9922 604.527.7955 604.298.8800 604.438.1113 604.807.4353 604.218.3338 604.874.9232

Call 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 From $334,900 From Mid $200’s From Low $300’s Call From $279,900 From $249,900 From $299,000

LR

1.800.830.7175

From $184,900

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

604.472.1123 604.931.0302 604.939.8808 604.942.8416 604.492.3388 604.939.0018 604.939.8868 604.942.2672 604.936.1888 604.937.2599 604.939.8874 604.464.2701 604.941.8305

Call From Low $200’s From $249,900 From $324,900 Call From $189,900 From $280,000 From $284,900 From $235,400 From $220,900 From $234,900 Call From $356,900

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 Modello Novella OakTerra Paddington Mews Redbrick Solo District Station Square Subora Trio Wall Centre Central Park

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

CHILLIWACK / SARDIS

La Cason COQUITLAM

1123 Westwood Austin Bloom Bradley House Charland Como Crown Evergreen Grand Central 3 Hazel Mackin Park Oasis The Windsor

TYPE

Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

C O N TAC T

PRICE

HR

604.939.2677

From $278,900

HR

604.594.7473

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 778.808.6563 604.539.2200 yorksoncreek.com

From $137,500 From $269,900 From $159,900 Coming Soon From $199,900 Call 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 778.878.1347 604.380.0300

From $174,900 Call From $149,900 From $189,900 Call Call Call From $162,900 From $164,900 From $189,900

HR LR HR LR LR LR HR HR MR HR HR

604.525.3941 604.520.9890 604.524.8080 604.520.9890 604.523.0733 605.523.0733 604.523.0081 604.523.0733 778.398.1344 604.522.2583 604.525.0223

From $229,900 From $218,900 Call Call Call From $239,900 From $270,900 From $239,900 Call From $239,900 From $299,900

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

604.980.9949

From $539,900 Coming Soon Coming Soon From the Mid $300’s Call Call Call Coming Soon

NORTH DELTA

Delta Rise LANGLEY

Athenry Gate Cornerstone Elements Focal Point Kensington Murrayville House 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

The Sapperton at Brewery District Duo at Port Royal Elliot St Glass House Lofts Grove, The Lookout at Victoria Hill, The Northbank Parkside at Victoria Hill Portage RiverSky Trapp & Holbrook NORTH VANCOUVER

15 West 221 East 3rd x61 Anchor, The Atrium at the Pier Ave Boutique Res., The Capstone Cates Landing Mid Rise (MR)

Low Rise (LR)

Loft (LO)

x61living.com 604.988.8800 604.983.9065 778.985.4676 604.929.8870 604.871.4126

Townhouse (TH)

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

FIFTHAVE.CA

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

JULY 10 - 24, 2015 NEW CONDO GUIDE 65

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@ypnexthome.ca PROJECT

CentreView Destiny 2 Drive, The Cates Landing 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 West Quay

TYPE

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

C O N TAC T

PRICE

PROJECT

604.988.8540 604.929.1915 604.986.8138 604.871.4126 604.985.0003 604.998.0219 604.988.0022 604.727.1594 604.986.0007 604.800.2120 604.983.9065 604.924.4488 info@tatlowliving.com 604.983.9065 604.980,5000 604.980.0016 604.988.8858

Coming Soon From $259,900 Call Call From $339,900 Call From low $600s From $378,900 Call From $244,900 Call Call Coming Soon From $509,900 From Low $300’s From Low $200’s From $439,900

LR LR

778.846.3200 604.460.6601

Call From $134,900

Aqua Elaho University Heights

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 $159,900 Call Call Call From $215,900 From $246,900

SURREY

HR HR

604.552.0552 604.492.3338

Call Call

LR HR LR/HR LR/HR HR HR HR LR

604.278.5809 604.276.2532 604.276.9186 604.276.0677 604.276.868 604.233.7748 604.273.1313 604.271.3331

From $344,900 Call Call Call Call From $300,000’s From Low $300’s From $374,900

PITT MEADOWS

Cedar Downs Liv42

PORT MOODY

Residences, The Station, The RICHMOND

Alexandra Court Alfa Avanti Camber Cadence Concord Gardens Elle Gardens, The

Harmony Mandarin Walk Monet Opal at Richmond Centre Ora Orchid by Beedie Oxford Lane Parc Riviera Park Residences Pier, The Pinnacle Living at Capstan Riva River Green River Inlet Saffron Tempo

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

C O N TAC T

PRICE

604.278.3939 604.278.0808 604.233.7748 604.303.7575 604.278.8838 info@orchidbeedie.ca oxfordlane.ca 604.231.5900 604.303.8878 604.274.7326 604.303.0148 604.278.8825 604.233.2633 604.233.2633 604.270.2482 604.276.8885

From $505,800 Call From $300,000’s From $464,900 Call Coming Soon Coming Soon From Low $200’s From Low $370’s Call From $299,900 Call Call 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 LR HR HR LR LR HR LR HR LR LR HR LR HR HR

604.957.3331 604.596.2202 tiensher.com 604.581.5399 778.395.1886 604.530.5399 604.453.6688 604.497.0102 604.727.5478 604.800.9255 604.583.9866 604.817.5852 liveprime.ca 604.581.8000 604.888.514 604.588.5795 604.588.3783 604.951.9283 604.951.9283

Call From $170’s Coming Soon From $169,900 From $118,800 From $219,900 Call Call From $199,900 From $189,900 From $250,000 From $289,900 Coming Soon From $159,900 From $174,900 From $221,900 From $160’s From $279,900 From $199,900

LR LR

604.523.0733 604.576.1772

From $279,900 From $199,900

SQUAMISH / WHISTLER

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

TYPE

Penthouse (PH)

66 NEW CONDO GUIDE JULY 10 - 24, 2015

Live Work (LW)

City Home (CH)

High Rise (HR)

3 Civic Plaza Ascend Balance Chroma Connect Esplanade at Waterstone G3 Residences Evolve Lingo Manarola Park Ave West Park Central Prime Quattro Ridge at Bose Farms University District Verve Wave Wynd CLOVERDALE

Grove, The One92 Mid Rise (MR)

Low Rise (LR)

Loft (LO)

Townhouse (TH)

PROJECT

TYPE

C O N TAC T

PRICE

PROJECT

VANCOUVER & AREA DOWNTOWN

188 Keefer LR 604.620.2018 Addition HR 604.620.6692 Burrard Gateway HR burrardgateway.com Eventide LR 604.783.1044 Fairmont Pacific Rim Estates HR 604.781.4303 Keefer Block LR 604.682.8813 Maddox HR 604.669.8200 Mark, The HR 604.687.4353 Modern HR amacon.com Private Residences at Hotel Georgia, The HR 604.682.8107 Sapphire, The HR 604.876.9222 Tate Downtown HR 604.568.8283 Trump International Hotel and Tower® Vancouver HR 604.568.7888 Vancouver House HR 604.893.8958

Call From $349,900 Coming Soon Call Call From $269,900 From $389,900 Call From $465,900 Call From $685,000 From $320,900 Call Call

EAST SIDE

238 W Broadway Bohème Bold on Fraser Evan Paragon Gem, The Independent at Main, The Jade Kensington Gardens Local Main Street Marquee on the Drive Oxford, The Paragon One Town Centre at River District Two Town Centre at River District Rhythm Skyway View338 Vya Wall Centre Central Park Wohlstein

LR 238westbroadway.ca LR 604.569.3388 LR 604.264.6707 MR 604.872.0331 LR 604.688.5566 LR liveatthegem.com HR 604.879.8850 LR 604.338.5233 MR 604.620.7886 LR 604.688.5527 LR 604.877.1116 LR 604.559.2011 LR 604.779.0091 MR 604.688.5566 HR 604.879.8830 LR 604.879.8830 MR 604.437.5315 HR 604.436.1100 LR 604.303.8838 MR 604.559.1070 HR 604.874.9232 MR 604.558.0899

Call From $227,900 Coming Soon From $269,900 Coming Soon Coming Soon From $299,000 Call Call From $349,900 From $339,900 From $329,900 From Low $200s Coming Soon Now Previewing Coming Soon From $314,900 Call From $219,900 From $239,999 From $299,900 From $240,000

MR 41westliving.com LR 604.568.7551 LR cressey.ca MR 604.620.8600 LR/TH 604.345.9000 MR 604.738.0001 TH/LR 604.558.1907 HR 604.646.1111 HR 604.682.8801 LR 604.685.5778 MR 604.876.9222 HR/TH 604.568.5060 MR 604.875.8508

Coming Soon Call Coming Soon From $528,800 Call Call From high $300’s From $499,900 Call From $367,400 From $389,900 Call Call

WEST SIDE

41 West 5555 Dunbar 6th & Yukon 99 West Aperture Arbutus Ridge Bennington House Binning Tower Block One Boulevard Private Residences Cambie Star Cambie & 7th Canvas

Penthouse (PH)

Live Work (LW)

City Home (CH)

High Rise (HR)

TYPE

Central Citti Empire at QE Park Granville at 70th Kerrisdale Gardens Lido Livingston House MC2 Meccanica Parc 26 Midtown Monarch Northwest Opsal Parc Elise Park&Metro Pinnacle Living Broadway Pinnacle Living False Creek Prodigy Radius One Town Centre at River District Two Town Centre at River District Shannon Wall Centre Kerrisdale Sota The Ivy The Laureates The One The Spot Tower Green at West The Village on False Creek W10th & Maple West Five

C O N TAC T

PRICE

HR 604.662.3373 MR 604.662.3373 MR 604.687.8800 HR 604.687.2298 MR 604.559.9848 HR 604.872.2672 LR 604.998.8988 HR 604.638.9998 HR 604.876.8819 LR/H LR 604.563.3330 MR 604.568.6883 HR 604.325.5151 HR 604.876.7332 MR/TH 604.336.6380 LR 604.325.8111 MR 604.739.2080 MR 604.874.8368 MR 604.221.8878 LR 604.731.5522 HR 604.879.8830 LR 604.879.8830 LR 604.267.8882 HR 604.671.1025 LR 604.566.5888 HR 604.221.4450 HR/MR 604.874.8368 MR 604.568.6886 HR 604.707.9378 HR 604.733.2010 MR/TH 604.739.2080 MR 604.715.6060

Call Call From Mid $300’s Call From $540,900 From $513,900 From $629,900 Call From $394,900 Coming Soon Call From $444,900 Call Call From $510,000 Call From $399,900 From $369,900 From high $300s Call Now Previewing Coming Soon Call From 2.5 million Coming Soon Call From $349,900 From $269,900 From $319,000 From $390,500 From $429,900 Call

LR 604.943.8811 LR 604.948.2345 SF/LR 604.948.HOME

Call Call Call

TSAWWASSEN

Brio Cityhomes Tsawwassen Springs

WEST VANCOUVER

23rd and Bellevue Galleries on the Bay Kerrisdale by Cressey

HR LR LR

Cressey.com 604.836.7355 cressey.com

Coming Soon From $490,000 Coming Soon

WHITE ROCK / SOUTH SURREY

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

Low Rise (LR)

LR 604.531.6659 HR 604.531.9030 MR cressey.com LR 604.818.5603 LR 604.541.8092 LR 604.536.1663 LR 604.560.5535 LR 778.545.8737 LR 604.536.0256 LR 604.538.8028 LR 605.560.1656 LR 604.538.3237 LR 604.560.3238 Loft (LO)

From $288,900 From $319,900 Coming Soon From $339,900 From $269,900 Call From $219,900 From $364,900 From $289,900 Call Call Call From $230’s

Townhouse (TH)

New homes available throughout

www.macmarketingsolutions.com Metro Vancouver & Calgary We sell the homes you want to buy. /MacMarketingSolutions

@MAC_Marketing

/MACMSTube

OV ER

85%

The Biggest Decision of Your Day.

SOL

or

Club Destiny, the 5,025 sq.ft. residents-only clubhouse

Destiny2 at Raven Woods is the most sought-after community on the North Shore and offers access to the outdoors like no other neighbourhood in Vancouver. These 1-, 2-, and 3-bedroom homes provide the life you want, for a price you can afford.

Come discover your Destiny.

NORTH VANCOUVER

EP DEE P COVE

Mt Seymour Pkwy

D oll ar t

on H w y

Raven Woods Dr

B UR RAR D INLET

Ironworkers Memorial Bridge to Vancouver

Presentation Centre and Display Suite

Homes starting from just $329,900.

Visit us at DestinyLiving.ca

Open Daily Noon-5pm, Closed Fridays 590 Raven Woods Dr., North Vancouver 604-929-1915 | info@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 representational only and may not be accurate. E.& .O.E.

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