NOV 13 - 27, 2015 VOLUME 5, ISSUE 23, FREE
METRO VANCOUVER EDITION
YOUR LAST CHANCE TO LIVE AT THE SHORE
[
FINAL PHASE NOW SELLING
]
VISIT US TODAY FOR FINAL RELEASE PROMOTIONS adera.com
INSIDE THIS ISSUE
NEW CHANGES TO VANCOUVER’S WEST END
WHY CONDOS MAKE GOOD INVESTMENTS
FORCES AFFECTING THE VANCOUVER MARKET
PORTAGE
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,
DON’T MISS THE NEW RELEASE OF THE WEST BUILDING SAT. NOV. 14TH @ NOON SHARP READY
MOVE IN
WHEN YOU’RE HOT, YOU’RE HOT. GREAT DESIGN IS NATURALLY BEAUTIFUL.
PORTAGE Portage is a collection of waterfront condo and loft homes. All homes feature a reclaimed brick wall and a built in Bosch coffee maker. Loft homes include rooftop patios and 20’ foot ceilings. Ask about our limited time promotions. MOVE IN READY. 1-3 Bedroom + Den Homes $299,900-$692,900. 778.398.1344 or aragon.ca/portage 260 Salter St, New West
#ARAGONFORWARD Aragon Properties Ltd.
RELEASED
NOV. 14TH NOON SHARP
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,
NEW HOMES
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CANADA’S MOST SIGNIFICANT WATERFRONT COMMUNITY
NOW SELLING 2 -4 BED R OOM HOM ES AVA I L A B L E | STA RTI N G F R O M $74 8,0 0 0
I N F I N I T Y P O O L | W H I R L P O O L | S AU N A | S T E A M R O O M | C L U B R O O M | P R I VAT E T H E AT R E | M U S I C R O O M | P R I VAT E S H U T T L E
The wait is finally over. Aspac Developments Ltd., is proud to present the second phase of their latest exclusive waterfront residences – 2 River Green. Awarded the 2014 Urban Development Institute Award of Excellence for the Best Master Planned Community, River Green is Richmond’s most valued and sought after luxury residences. Visit our newly finished 3 level 24,000 sq.ft. Presentation Centre and experience the architectural marvel.
Presentation Centre Open Daily 12pm-5pm 5111 Hollybridge Way, Richmond V7C 0A3
For more information please visit www.rivergreen.com or call us at 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.
METRO VANCOUVER’S MOST AFFORDABLE WATERFRONT
TOWER 2
TOWER 1
New Westminster’s new waterfront has
SUITE BEDROOM PLAN
SIZE
PRICE
spectacular views, an urban vibe, and it’s just a
1112
1
D1
575 sf
$294,900
25-minute SkyTrain ride from downtown Vancouver.
2608
1
C1
552 sf
$307,900
These are just a few of the reasons why RIVERSKY
609
1
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593 sf
$305,900
has been one of Metro Vancouver’s fastest selling
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F
735 sf
$371,900
1402
2
G
757 sf
$393,400
1909
2
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900 sf
$503,900
projects of 2015. Construction is now underway.
OVER 400 HOMES SOLD! Sales Centre open daily 12pm–5pm 659 Columbia Street, New Westminster
bosaproperties.com 604.522.2583 RiverSky is developed by Bosa Properties (RiverSky) Inc. and 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.
NOV 13 - 27, 2015 | NEW CONDO GUIDE 5
WORTH WAITING FOR. YOUR BEST AND FINAL OPPORTUNITY TO CALL STATION SQUARE HOME. FINAL PHASE COMING 2016 REGISTER TODAY FOR ADVANCE ACCESS
S TAT I O N S Q UA RE . CA The developer reserves the right to make changes and modifications to the information contained herein. This is not an offering for sale as an offering can only be made after the filing of a disclosure statement, and only in jurisdictions where qualified in accordance with applicable local laws. E. & O. E.. Station Square and the Station Square logo are registered trademarks of Metro Shopping Centre Limited Partnership, and used under license.
contents NOVEMBER 13-27, 2015 | VOLUME 5 ISSUE 23
18
ON THE COVER
The Shore
Final phase released at this North Shore gem property profiles
+ online NEIGHBOURHOOD
HOME SEARCH
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
8 YPNEXTHOME.CA
LOOK FOR THE CIRCLE
14
Encore at Bayview Place
Get the best seat in the house in beautiful Victoria
44 Muse
North Delta homes that make sense
46 Chroma
Live life in full colour
50 Wave
Architecture as art in Surrey Centre
54 University District Un-real estate
64 Portage
Riverside living in Port Royal
68 Saxon
Love the lifestyle in Burnaby
77 BOUTIQUE HOMES
LIVE LARGE. LIVE AT NOVELLA. Novella’s desirable First Edition Series consists of large 2 & 3 bedroom suites designed with growing families and downsizers in mind. This unique collection of sophisticated homes range from 1254 to 1513 square feet and seamlessly combine smaller suites into one large, generous layout - a process that can only be offered during pre-sale. With construction well underway, availability is limited. Visit us today to learn more about these coveted homes before it’s too late.
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Moe Lalani SENIOR SALES MANAGER, WESTERN CANADA
Edwin Rizarri
trending
26 A three-legged market
Michael Ferreira from Urban Analytics investigates the pillars of Vancouver’s real estate by Susan M Boyce
72
32
Listings Directory
12
22 Maple Ridge/
Condo as a community by Barbara Lawlor
32
10 Minutes With...
Intracorp’s David Jacobson on the evolving charms of Vancouver’s West End by Susan M Boyce
38
Financial Advice
things to look for in an investment condo
Latest listings: A snapshot of what’s new and hot in the Lower Mainland’s condo marketplace and beyond.
10 YPNEXTHOME.CA
DESIGN EDITOR
SALES COORDINATOR
Pitt Meadows
Justin Salvador
24 Vancouver 36
PRODUCTION MANAGER
Bala Gnanapandithan
South Surrey/ White Rock
GRAPHIC DESIGNERS
Miguel Cea, Mike Terentiev
40 Surrey/Langley
PRODUCTION CO-ORDINATOR
58 Tri-Cities
Hannah Yarkony
62 Burnaby/
New Westminster
Published by
+ plus 4180 Lougheed Highway Suite 102 Burnaby BC V5C 6A7 T 604.519.6080 F 604.519.6088 ypnexthome.ca
SPECIAL INSERT
buyers’ resource section
48 Hot Properties
Wayne Karl Elisa Krovblit
Dave Bird 604.319.7102 Brenda Everitt 604.319.7103
North Shore
60 Mortgage Advice by Alyssa Richard
CONTRIBUTING EDITORS
MEDIA CONSULTANTS
by Andrew LaFleur
There just may be a global credit bubble
Tammy Leung
Susan M Boyce
district maps
20 Condo Sense
28 Condo Pro
ART DIRECTOR
STAFF WRITER
Editor’s Note
16
by Cameron McNeill
Stephanie MacDonald
Yanic Simard
in every issue
advice By losing the viaducts we have much to gain
EDITOR
Lougheed Heights
A special community on the rise in Coquitlam
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.
ALL THE HOME YOU DESERVE FROM $614,900 TO $683,900 Beverley offers truly spacious, two-bedroom and den residences. These impeccably styled homes offer flow, ample storage and high-end appliances you would expect in a single family home. Enjoy low maintenance living with incredible amenities at the Beverley Club, including a rooftop lounge and terrace, pool and spa, concierge and so much more.
beverleybycressey.com or 604-560-0075
Featuring the famous CresseyKitchenTM Visit us today.
This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&.OE. Prices are subject to change without notice
1479 Vidal Street, White Rock Open daily 12-5pm (Except Fridays) NOV 13 - 27, 2015 | NEW CONDO GUIDE 11
Editors’ Notes RILEY PARK
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
EXCLUSIVE PROFILE ONLINE ypnexthome.ca/new-homes-for-sale/bc/vancouver/riley-park/
Seamless experience... We hope you’re enjoying the new look and feel of New Condo Guide. As we updated YPNextHome.ca and launched the YPNextHome app, we also wanted to make sure our magazines fit with the experience. Whether you’re searching in print or online, the experience is the same. Take us on the go with you and enjoy the magazine, but when you’ve got the opportunity, follow the links to YPNextHome.ca. We’re sure you’ll be impressed with the additional resources, such as video, more pictures and other articles of interest.
We want the experience to be seamless and enjoyable. We’ve focused on bringing you the best information, the most interesting content and valuable news so that you can make an informed decision about your next home. Don’t miss our featured neighbourhoods – that’s a mustread for anyone unfamiliar with a community. Get some insight – the good, the bad, the amenities, the vibe – and let us help you size up a neighbourhood before you commit. We hope this helps on your search!
Jump into the new year in a new home STEPHANIE MACDONALD Editor, Yellow Pages NextHome Email: Stephanie.MacDonald@ypnexthome.ca Twitter: @stephmacYP
+ get social 12 YPNEXTHOME.CA
Everyone is looking forward to the holidays, but just because you’re drinking rum and eggnog doesn’t mean you should put your homehunting on hold. Now is the perfect time to spend some time visiting some of the amazing show suites that are open all over Metro Vancouver. You’ll likely avoid the crowds and have an opportunity
to have an in-depth discussion with the sales and marketing associates who know more about the place than anyone. You’ll also have an opportunity to see what the building and the neighbourhood have to offer in the winter, when being close to transit and shopping is more important than ever.
Interact with us on social media: ypnexthome
EDMONDS JUST GOT REAL.
TOWN CENTRE
WITH HOMES AND PRICES THAT ARE POSITIVELY UNREAL. AND IT’S ALL BACKED BY CRESSEY.
KINGS CROSSINGS BY CRESSEY will give homeowners a coveted Burnaby address, the convenience of transit, street level shopping & dining, views in all directions, and an exceptionally built Cressey home without paying more than they should.
CALL YOUR REALTOR FOR MORE INFORMATION REGISTER NOW
KINGSCROSSINGbyCRESSEY.COM
This is not an offering for sale. Such an offering can only be made after filing a disclosure statement. E&O.E.
Property Profile | BOSA PROPERTIES
Encore The Best Seat in the House Location
Victoria Builder
Bosa Properties Development
Encore at Bayview Place Home Type
Condominium Sales Centre
80 Saghalie Road Contact
250.382.2672 bosaproperties.com
PICTURE THIS: a home overlooking Victoria’s Inner Harbour and with views of the Empress Hotel and sparkling lights of the BC Legislative Buildings at night. A home where you’re steps from the delights of historic downtown as well as a diverse array of eateries, boutiques, and cultural venues. Now say hello to Encore, a sizzling new collection of 134 condominium homes located in Victoria’s Bayview Place master-planned community. Brought to you by Bosa Properties, this 17-storey residence immediately captured homebuyers’ hearts with its quality, style, and amenities — in fact, within just two weeks, over half were sporting bright red SOLD stickers.
Life at Your Doorstep “There’s a reason why so many people keep choosing Victoria,” says Daryl Simpson, Bosa’s senior vice president. “It’s a beautiful, lively place to be and is connected to everything.” He’s not exaggerating either. Within minutes you can be cycling the Galloping Goose Trail, jogging 14 YPNEXTHOME.CA
4 MORE PHOTOS ONLINE ypnexthome.ca/encore
the Westsong Walkway, browsing the epicurean offerings found at the Victoria Public Market, sampling craft ale and appies at one of the many local brewpubs, or discovering the ever changing delights of the city’s famous antique shops, restaurants offering locally source ingredients, or Fan Tan Alley. Oh and if you’re looking for a new outfit, a visit to the boutiques of Lower Johnson Street is definitely in order. Of course, right at home there’s plenty to keep you fit and engaged. “Encore’s amenities include a heated outdoor pool with cabanas, a full fitness centre, a large social lounge with entertainment kitchen, and outdoor barbeque terrace with fire
pit,” Daryl says. “There will also be the convenience of a concierge to welcome visitors and handle deliveries.” The Encore presentation centre is open noon to 5 p.m. every day at 80 Saghalie Road in Victoria. One- and two-bedroom homes of 700 square feet or more priced from $409,900 — some incorporating BosaSPACE™ design. A limited selection of two-bedroom suites offering more than 1,000 square feet are also available from $595,900. For more information visit in person or online at bosaproperties.com or call 250.382.2672. You can also view project details by appointment in Bosa Properties’ downtown Vancouver corporate sales office.
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FINAL
PHASE
NOW SELLING VISIT US TODAY FOR FINAL RELEASE PROMOTIONS
THE BEST 6 WAYS TO LIVE WEST COAST
1
Exclusive creekside enclave with classic West Coast architecture, sustainable design, and personalized interiors through i.D. By Me.
4
Newly extended Trans Canada Trail – the best outdoor public amenity in Canada and gateway to active North Shore outdoors.
2
Signature West Coast Piazza – a vibrant euro-styled town square with celebrated public art and water features.
5
Dedicated West Coast Club – fully equipped fitness centre, yoga room and social lounge.
3
Epic views of the North Shore mountains and the Vancouver skyline from your private rooftop terrace designed for your own hot tub spa*.
6
Walking distance to the SeaBus and a full spectrum of shopping, from a master-planned community built by Adera.
1 BEDROOM HOMES IN FINAL PHASE STARTING FROM $254,900* 604.980.0016 theshore@adera.com
PRESENTATION CENTRE OPEN DAILY FROM 12PM TO 5PM 106 – 733 WEST 3RD ST., NORTH VAN
* 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
Property Profile | ADERA
cover story
The Shore Final Phase Released at The Shore Location
North Vancouver Builder
Adera Development
The Shore Home Type
Condominium Sales Centre
106-733 West Third Street Contact
adera.com 604.980.0016
18 YPNEXTHOME.CA
THIS IS IT. Your final opportunity to purchase a brand new home at The Shore in North Vancouver. And here’s good news: this last release of 77 homes will have some of the very best outlooks at The Shore. “These homes are our Elite View Collection because there will be some amazing views in every direction — especially in winter when some of the trees will have lost their leaves,” says Eric Andreasen, Adera’s vice president of marketing and sales. “People are often surprised when they discover that from some of these homes you can see all the way to the Burrard Inlet and Lions Gate Bridge, Lonsdale
Quay, even the downtown Vancouver skyline. Of course, the North Shore Mountain views are spectacular too. This release also has homes overlooking the lively West Coast piazza that’s truly becoming the community’s social hub.” Sounds like a good thing these homes also boast many of The Shore’s largest decks and rooftop lanais. “Some homes have almost as much outdoor space as indoor living area,” Eric adds. Experience the Tranquility Inside, The Shore is meticulously designed to accommodate large-scale entertaining as easily as a romantic
MORE PHOTOS ONLINE ypnexthome.ca/the-shore
dinner for two, or a quiet movie night with a flute of champagne and a large bowl of popcorn — because yes, it’s true, champagne actually does go with everything. And if, like me, you like to get cozy with ‘Al Fresco,’ check out the rooftop lanais and patios with optional outdoor kitchens — a full-on culinary centre including built-in barbeque, fridge, and storage that’s part of Adera’s i.D. By Me customization program — for a whole new way to entertain and enjoy the great outdoors. Building Four also introduces a new generation of Adera’s “Quiet Home” construction technology that’s been certified as equal to or better than concrete built to code. “When touring the display homes, I ask people to to stop and tell me what they hear,” Eric says. “Usually they say ‘nothing’ and want to know why I’ve asked. Which is the whole point. Sound transference between floor and party walls — both airborne and impact — are significantly decreased so you can enjoy the comfort of your new home with the peace and quiet you deserve.”
Art in Life Long known for their commitment to incorporating art into every day life, Adera took the concept one step further at The Shore… literally. Featuring three local artists, The Shore Art Walk is a collection of four commissioned art pieces located throughout the property starting at the entryway with The Crossing by Coastal Salish artist Jody Broomfield — four curved archways that invite passers to step through and explore. Next, there’s Arrival, a stylized interpretation of a tree created by a trio of cutouts from stainless steel panels. In the spirit of sustainability, Michael Vandermeer then took the panels that remained, created a second art piece named Reflections, and installed it as the focal point of the West Coast Piazza’s central water feature. Here, surrounded by bubblers, benches and table seating, as well as trees and plants in massive, bright red pots, it becomes a source of conversation and contemplation. Finally, step through the breezeway that continues from the piazza toward Mosquito Creek and you’ll discover
‘Honouring Our Cedar’ by Coastal Salish carver John Marston. This modern interpretation of a totem pole combines cedar and steel to create a grand entry for people arriving from the Trans Canada Trail that runs along the property’s western edge. Discover the Lifestyle “The North Shore is one of those special places that people just don’t want to leave, and if they do they often can’t wait to come back,” Eric says as I gear up for the ride back over Lions Gate to Vancouver. I take a deep breath of the fresh air and it’s easy to understand why. In fact, on second thought, I might take a detour via Deep Cove just to see who’s out sailing or kayaking today. The Shore’s on-site presentation centre and three display homes are open noon to 5 p.m. every day at 106 – 733 West Third Street in North Vancouver. Walking distance to shops, dining, and transportation too. Prices start at $254,900. For more information visit adera.com, call 604.980.0016, or email theshore@adera.com. NOV 13 - 27, 2015 | NEW CONDO GUIDE 19
Advice | CONDO SENSE
The vision for a more connected city The benefits of removing the Viaducts By Cameron McNeill
AFTER YEARS OF STUDYING and much debate, Vancouver council members have voted to remove the Georgia and Dunsmuir viaducts. The viaducts were originally constructed in 1972 as part of a freeway network that was never completed, and since then these two routes have transformed Prior Street from a quiet neighbourhood street in to a busy arterial route.
Present Together, the two viaducts — one on Georgia that carries traffic heading east and a second on Dunsmuir St. for westbound traffic — take approximately 40,000 vehicles per day, accounting for 10% of vehicles entering and leaving the downtown area. Although this route has been widely used by commuters, these concrete structures have created an obstruction that limits connectivity between the surrounding neighbourhoods of False Creek, Downtown, and Chinatown. Future City staff and consultants have made recommendations for the viaducts to be replaced with at-grade streets that can accommodate 100% of today’s traffic volume. The proposed new networks include reconfiguring Pacific Boulevard, adding a pedestrian route on Dunsmuir, and a ramp on Georgia Street to help with motor vehicle traffic. City staff are confident the proposed plan will bring beneficial opportunities and better access for many. Some of these benefits include:
» Road improvements and lower long-run costs: At-grade streets are seismically more stable and cost 5–10 times less to maintain. » Better motor vehicle and pedestrian friendly routes: Improved connectivity within communities and providing better access to the seawall. » A reconnected Main Street corridor: Connectivity between Union and Prior St. with new retail, office, and affordable housing opportunities » A new waterfront district: Proposed Georgia Street Wharf is be an active outdoor waterfront area for leisure and community events. » Future Creekside Park extension: A 13acre, city-wide destination park adding additional green space to the city. » New affordable and market housing opportunities: The City is hoping that, between private developers and the City, viaduct removal will provide room for about 2,500 new homes.
MORE ADVICE ONLINE ypnexthome.ca/news/advice
What’s next? Although the results are in favour of removing the Georgia Viaduct, it will still take some effort before any construction is underway. From now until spring 2017, city planners will be meeting with major landowners and crown stakeholders (the Province and Pavco) to negotiate development contributions and determine what will be the best way to implement their plan. In the coming months, it will be important to stay tuned for more details on this pivotal plan for our beautiful city. Visit the City of Vancouver’s website for more details: vancouver.ca/home-propertydevelopment/viaducts-study.
Cameron McNeill is the owner of MAC Marketing Solutions, one of B.C.’s and Alberta’s leading real estate sales and marketing firms. Email him at cm@macmarketingsolutions.com or follow him on Twitter @mac_marketing
20 YPNEXTHOME.CA
O W N T H I S FA LL
THE NORTH SHORE’S MOST ANTICIPATED URBAN NEIGHBOURHOOD
THE HEART OF LYNN VALLEY, WITH EVERYTHING AT YOUR DOORSTEP
REGISTER NOW
FOR EXCLUSIVE DETAILS
SPACIOUS 1, 2 AND 3 BEDROOM HOMES INCLUDING TOWNHOMES
• EXPANSIVE
• AIR
• BOSA
OUTDOOR SPACE CONCRETE CONSTRUCTION • OVER HEIGHT CEILINGS • IMPORTED ITALIAN CABINETRY
• MASTER
CONDITIONING PLANNED REDEVELOPMENT WITH LYNN VALLEY CENTRE
LYNNVALLEYRESIDENCES.COM 604.924.0166 BOSADEV.COM Artist’s representation only. Developer reserves the right to make changes and modifications to the information contained herein without prior notice. This is not an offering for sale. No such offer can be made without a disclosure statement E.&O.E. NOV 13 - 27, 2015 | NEW CONDO GUIDE 21
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2. REFLECTIONS ON THE RIVER 22327 River Road 604.477.1500
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3. STATION ONE 12070 227th St. 778.878.1347
A4. RIVER'S EDGE 11580 223rd St 604-453-4965
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MOVEMENT IS LIFE
NOV 13 - 27, 2015 | NEW CONDO GUIDE 23
Vancouver | Downtown Vancouver SEABUS
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88 Pacific Blvd. Vancouver, BC 604.899.8800 www.arcvancouver.com
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11. ADDITION
Pender & Main Street 604.620.6223
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FORGET THE HOUSING bubble, the
1
Metro Vancouver’s Three-Legged Housing Market Michael Ferreira at UDI by Susan M Boyce
26 YPNEXTHOME.CA
naysayers, and prophecies of doom and gloom. In his annual address to the Urban Development Institute, Michael Ferreira, managing principal in Urban Analytics, was enthusiastic about the first three quarters of 2015 in Metro Vancouver’s real estate market — and for good reason. By the end of the third quarter (Q3) there had been more than 2,000 more sales than at same point in 2014 — an impressive 20 per cent increase over last year and almost twothirds higher than the entire year in 2013. This year, Ferreira’s list of success stories was longer than the list he provided in 2014 and included The Ridge at Bose Farms, Exchange, Verve, The Independent, Black+Whites and RiverSky among the highlights. While he acknowledged there are numerous factors driving the market, Ferreira chose to focus on three that impact the market most strongly: buyers, land and municipalities.
1. Beverley (by Cressey) offered spacious apartment homes with all the style and space of a house. 2. RiverSky set a new benchmark for price in New Westminster and sold over 400 homes in seven months. 3. Black+Whites
sold out rapidly in West Coquitlam. 4. The Ridge at Bose Farms wowed buyers with sophisticated interiors and a heritage setting.
7. Michael Ferreira, managing principal in Urban Analytics. 6. Proving sheer tenacity can pay off, The Independent by Rize Alliance sold 258 homes in 102 days.
6
5
FIRST LEG: Buyers Local consumers have been more active in the past year, especially in the growing townhouse market. Entry level buyers, many with help from the “Bank of Mom&Dad”, as well as empty nesters looking for the elusive master-on-themain product are making their presence known. There’s also been an increasing demand for larger units, including the high-end, luxury condo market — like Cressey’s Beverley and Ridge developments — that are aimed squarely at empty nesters who are willing and able to spend seven figures on a condo. Not surprisingly, new immigrant and offshore buyers, many from Mainland China, continue to influence Metro Vancouver’s market. Attracted by the active, healthy lifestyle and quality schooling, this demographic has been a consistent driver in Metro Vancouver’s market since 2009/2010, but has been ramping their activity up even more during the past year. “Because the Chinese currency is tied to the US dollar, their effective buying power has increased by 30 per cent,” Ferreira explained. “One realtor I spoke to put it into perspective this way: for the same price as a small condo inside central three ring roads in Beijing, they can buy three new condos in Metrotown
— condos that are finished and include parking. Plus they can get a mortgage on their investment unit — in China they’d have to pay cash. SECOND LEG: Land A ripple of laughter ran through the room when Ferreira noted one developer had described recent land sales as “absolutely bonkers.” In the increasingly competitive land purchasing and assembly arena, some new rules of engagement are emerging, and Ferreira noted the days when local developers have had the land market to themselves are vanishing — especially in the Inner Metro market. Here again, the offshore buyer is contributing to this change. Well-capitalized and increasingly sophisticated, this demographic brings patient money — often lots of it — and is prepared to overpay relative to current market values in order to establish a foothold here. Local developers will now need to strap on the boxing gloves and get into the ring with these new players. They might choose to accept terms they wouldn’t have considered in the past, or look further from urban cores, or up the focus on banking land that does come available. Either way, Ferreira described the upward pressure on pricing may well be creating “the perfect storm” over land sales in the near future. THIRD LEG: Municipalities Of the three legs, Ferreira noted it’s the municipal end that’s toughest to get a handle on.
From the industry’s perspective, lack of flexibility and blanket policies that fail to anticipate a project’s unique conditions or consider current market conditions and land values are ongoing sources of frustration. Bureaucratic red tape and lack of political will when it comes to the tough decisions about appropriate forms of alternate housing to address affordability also figured high in frustration factor. From the municipalities’ side, Ferreira said he had a sense many staffers he spoke with were reserved, even cautious about how they answered his questions. “Most indicated the system is simply not set up to make some of the changes the industry would like to see made quickly. However, there was a genuine desire to work with the industry to streamline processes, while respecting public process and the desires of elected officials.” He also stressed that almost everyone in the industry expressed appreciation for the difficulties city staffers have in this balancing act. And for anyone worried about often suggested housing bubble, Ferreira’s research revealed this astonishing statistic: of the 21,600 concrete condominiums scheduled to complete by the end of 2018, a whopping 87 per cent are already sold — suggesting there’s no need to worry about oversupply, despite the number of cranes dotting the urban landscape. Michael Ferreira is managing principal of Urban Analytics in Vancouver. More info can be found at urbananalytics.ca. NOV 13 - 27, 2015 | NEW CONDO GUIDE 27
Advice | CONDO PRO
Condo as a community By Barbara Lawlor
It always pleases me to point out the many advantages of living in a condominium. So often we read about the carefree lifestyle that comes along with having building and grounds maintenance taken care of, and the fact that the amenities such as pools, exercise rooms and party rooms provide a wonderful extension to the living space you enjoy in your suite. That is all true, but a condominium offers so much more – especially a real sense of community. By virtue of what a high-rise condominium is, people who live under the same roof make up a neighbourhood. And in many ways, residents in a condo come in contact more often than those who live in low-rise communities and come and go in cars all day long. I know people who have lived in low-rise communities for years and still don’t know their neighbours. In a condominium, you meet your neighbours in the elevators, hallways and common areas, and faces quickly become familiar. When you travel, your
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neighbours don’t have to travel far to water your plants or feed your cat. And in a high-rise, people are more likely to notice if anything unusual is taking place, which adds a level of comfort. Community is about sharing and togetherness, and condo amenities are natural spots where socializing happens. Chatting while you’re on a treadmill in the fitness room, relaxing by the pool or in the sauna, throwing a steak on the barbecue on the rooftop patio – these are all situations that nurture mixing and mingling with likeminded neighbours. These fabulous areas increase the sense of belonging that residents feel, and they are just an elevator ride away. And something as small as saying “good morning” when you step on the elevator contributes to
the camaraderie. Another benefit of condominium living is the fact that rules and regulations exist to protect people’s rights and safety. These guidelines are enforced by the condominium corporation to promote mutual consideration and respect among residents, and to protect everyone’s investment. Whether they are rules about noise, pets and other lifestyle considerations, everyone in the building is expected to follow these guidelines. It’s an even playing field. And on those rare occasions when an issue arises, there is a concierge to help address the situation. Speaking of concierge services, many condominiums today also employ a resident services director, who organizes social activities and groups for fun and recreation. These may range from exercise classes to theatre outings or trips to the casino. Talk about a sense of belonging! That feeling extends to the surrounding community, as most urban condominiums are close to assorted amenities such as parks, shops, entertainment venues and more. Some condominiums today even have restaurants and commercial retail venues in the podium, which really makes the building a community in the truest sense of the word. Keep in mind that in a condo, you decide how much togetherness you want. Your suite is your private sanctuary, and today’s gorgeous layouts and high-quality appointments make that an enjoyable experience. Your “home” is more than the immediate walls that surround you; home is also determined by the people in your neighbourhood. If you make the move to a condo, make the most of the opportunities it brings your way. Extend a hand in friendship, and consider running for the condominium board of directors. You can help to make your condo a vibrant vertical community.
Barbara Lawlor is president 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 the GTA and overseas.
28 YPNEXTHOME.CA
YOU DON’T HAVE TO GO FAR TO SAVE BIG. Homes at River District are $150,000+ less than new homes at Marine and Cambie—and it’s just a nine-minute drive away!
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VISIT US TODAY! SALES CENTRE AND DISPLAY SUITES OPEN DAILY 12-5PM
BOUNDARY ROAD
ARIN
VANCOUVER
KINROSS ST
SE M
KERR STREET
NOW SELLING
8700 KINROSS ST, VANCOUVER (SOUTH OF MARINE WAY)
MARINE WAY
RIVER DISTRICT SALES CENTRE
AVERAGE SAVINGS
N
FR
604.879.8830 homes@riverdistrict.ca AS E
RW AY
RIVERDISTRICT.CA
Average savings comparison is approximate only. 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
30窶ズPNEXTHOME.CA
VANCOUVER
NOV 13 - 27, 2015 | NEW CONDO GUIDE 31
Advice | 10 MINUTES WITH…
Fabulous West End 10 minutes with David Jacobson By Susan M Boyce
CELEBRATED FOR its vibrant diversity
and pure joie de vivre, Vancouver’s West End has long remained one of the city’s most sought-after neighbourhoods. There’s an energy here, a sense of community and respect that encompasses all generations and lifestyles. This issue, New Condo Guide chats with David Jacobson, director of development with Intracorp, about some of the reasons for the West End’s enduring popularity and what’s happening in the ’hood.
A: Several years ago the City realized that the West End had one of the slowest growing populations in Vancouver. There was clearly a need to create new housing — rental, market, and social. The West End doesn’t have huge tracts of land available for development, so part of the challenge was how to execute the intent of the City’s plan while still managing any increase in density to preserve that sense of character.
1
Q: What are some of the solutions to increasing density in the West Ends? A: First, there are strict guidelines on things like number of storeys and how high walls adjacent to the street can be. You’re also only able to put up towers on the main arterial streets — so you not only protect the existing inner neighbourhoods, you also reduce the migration into those character areas.
Q&A
Q: You’ve lived in the West End yourself. What made this your neighbourhood of choice? A: I rented in three different buildings early on, and I loved it. There’s so much character and diversity to the West End. The mixed housing is also definitely part of the appeal. It’s an established residential neighbourhood with established trees and people who care about their homes and their neighbourhood — a surprising number have lived here all their lives so they’re emotionally invested. Many don’t own a car because they don’t need to — especially now with the growing availability of car-share programs. The only reason my wife and I moved away was because we wanted to own a home and there were such limited options to purchase in the West End. Q: The City of Vancouver recently introduced a new neighbourhood plan for the West End. How will this plan impact livability and density? 32 YPNEXTHOME.CA
Q: Even though there’s been a lot of activity in the West End recently, Intracorp is one of the very few developers currently building non-rental housing, so it’s perhaps not surprising that response to your new offering, The Jervis, has been strong. What were the challenges of planning this 19-storey tower that will replace three elderly houses and a small rental building? A: The Jervis will actually be the first new market residential development announced under the City’s new West End Community Plan. Because we know locals are emotionally invested in their neighbourhood, we spent a
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1. Sleek and sophisticated, The Jervis will redefine the corner of Jervis and Davie Streets. 2. Interiors at The Jervis are a partnership between Intra 3. The West End seen from Kits Beach. 4. Every year, “The
Queen” makes an appearance the West End’s Pride Parade, one of the largest such parades in North America.
4
David Jacobson
“There’s a really simple way of describing the West End — it’s a community. People are truly in love with the place they live and it shows.”
lot of time engaging the community to make sure we answered all their questions and concerns. We found that once they understood the model, the neighbourhood was very welcoming to new development that opened new options for committed ownership. Q: So what will that model look like? A: There will be two distinct housing styles: the residential tower that provides 58 market homes sitting above a white-brick podium level that will include 28 rental unit and ground-level retail. There’s a three-storey, red-brick heritage building right across the street, so the white-brick will show how you can tie in the existing character with new development. The Jervis will also be different because the City will own the rentals and the retail, so they will still be a stakeholder and those parts of the building will have a separate strata. Q: What else gets you excited about the West End? A: There’s a really simple way of describing the West End — it’s a community. People are truly in love with the place they live and it shows. There’s a very active Business Improvement Association here, there’s ongoing revitalization including an approved new plaza for the Rainbow Street, and throughout the year there are so many different festivals and event. But for me, it’s the mixed demographics that I love most. You’ll see grandparents with toddler, young professionals in suits or jogging gear, and people who could be the flamboyant, younger cousin. It’s just a fun place to be. The Jervis will be located at Jervis and Davie in Vancouver’s West End. Presentation centre now open. For more information visit thejervis.com or call 604.998.8989. NOV 13 - 27, 2015 | NEW CONDO GUIDE 33
VANCOUVER
CONDO GUIDE - 1/2 PAGE
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34 YPNEXTHOME.CA
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176TH ST
184TH ST 184TH ST
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152ND ST
eorge Hwy
South Surrey | White Rock
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5. HEIGHTS CONDOS
UNITED OF AMERICA15336 - 17A Ave 1458 VidolSTATES St beverleybycressey.com 604.560.0075
2855 156th Street, Surrey 778.545.8737
604.536.1663
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8TH AVE
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NOV 13 - 27, 2015 | NEW CONDO GUIDE 37
Advice | INVESTOR INSIGHTS
Keep your eye on the prize 5 things condo investors should look for By Andrew la Fleur
SO YOU’VE DECIDED to buy an investment
condo in 2015. Congratulations! As a first-time investor, there are five questions you need to ask yourself before buying a new condo. 1 | What are your goals? Figure out what your goals are. Are you looking to make a short- or long-term investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both? Deciding what your goals are up front will better help you achieve them in the long run. 2 | What can you afford? Talk to your mortgage broker or lender and get a mortgage preapproval before you start your search. This will help you figure out what you can afford, and will help you start to narrow your search. Also, make sure you are prepared for the
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developer’s requirements with respect to financing. Most new condos will require a 15 to 20 per cent deposit up front, as well as a mortgage approval letter showing you can afford the unit you are purchasing. 3 | What is your exit strategy? Will you buy, hold and rent for the long term before selling? Will you buy preconstruction and then flip (assign) your unit prior to the final closing? Will you buy pre-construction, close on the unit, rent it out for one or two years, and then sell it? Will you buy, wait for completion, and then refinance and re-invest the proceeds? Take time to assess the risks and rewards associated with the different exit strategies.
4 | What should you buy? Some units make better investments than others. Questions to consider include: Which locations are likely to experience the most growth in the next few years? What type of unit is the most attractive to renters? Which type of unit tends to appreciate faster than others? 5 | When should you buy? When buying for investment, it is generally best to buy when a new building launches. This is when prices are the lowest, and availability of investorgrade suites is highest. But there are other great opportunities to buy, including right before the developer meets the sales target to secure construction financing, or during the occupancy stage. In both of these instances developers tend to be highly motivated to sell and this is when they often introduce great buyerincentives or cash discounts.
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
38 YPNEXTHOME.CA
SOUTH SURREY/WHITE ROCK
NOV 13 - 27, 2015 | NEW CONDO GUIDE 39
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A4.SERPENTINE MUSE FEN NATURE
9015 120th Street liveatmuse.com
RESERVE
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
A5. UNIVERSITY DISTRICT 99
104th & University Dr 604.588.5795
A6. G3 RESIDENCES
104th Ave. & 154th St. 604.453.6688
A7. CHROMA
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A8. THE RIDGE AT BOSE FARM 16390 64th Ave. 604.888.5514
A9. EVOLVE
13328 104th Ave. 604.497.0102
A10. THE WAVE TH 8 - 13303 103A Ave 604-951-9283
AD
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B4 D
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Pricing and promotion subject to change without notice. Sales by disclosure statement only, E&OE.
NOV 13 - 27, 2015 | NEW CONDO GUIDE 43
Property Profile | BASSI PROPERTIES
Muse Homes that Make Sense Location
North Delta Builder
Bassi Properties Development
Muse Home Type
Condominiums Sales Centre
9015 – 120th Street (coming soon) Contact
liveatmuse.com
IT’S ABOUT LIFESTYLE, convenience and proximity. The name is Muse, and if you’re among the many homebuyers who’s been waiting for the opportunity to purchase a brand new condominium home in North Delta, your patience is about to pay off. Introducing Muse, a collection of 105 homes located in a prime location just steps from a diverse array of shops, restaurants, and other urban amenities.
Interior Pizzazz Inside, Muse homes are sleek and modern, boasting a wide variety of floorplans and two professionally designed colour schemes. Many have spectacular city and mountain views: all feature spacious open-concept floorplans with nine-foot ceilings, expansive windows, plus the warmth of wide-plank, laminate wood flooring. Fixtures and finishes are premium quality — from the stainless steel appliances and integrated wood-paneled refrigerator to modern flat-slab cabinetry and quartz countertops.
Get Active Getting and staying active is easy at Muse. Here’s 44 YPNEXTHOME.CA
just a hint of the many nearby amenities: Steve Nash Fitness World, soccer and many other team sports at the Newton Athletic Park, or swimming and skating at the North Delta Recreation Centre that’s recently undergone a $10 million renovation and now includes a new fitness area and open-air space for spin cycling. And since getting out in nature is a treasured part of our West Coast lifestyle, Muse’s covered balconies with privacy screens expand your living space outdoors year round. Mind you, since you’re just minutes from cycling, hiking, fishing and even canoeing, you might find deciding which outdoor activity to indulge in first is your toughest choice. Aside: did you know Delta has over 1,350 acres of parkland? Okay, now you do.
Don’t Miss Out Muse’s presentation centre is anticipated to open mid-November at 9015 – 120th Street in Delta. For more information, visit liveatmuse.com.
SURREY/LANGLEY
NOW SELLING Homes from $ 199,900
A HOME THAT MAKES SENSE 1 BED – 2 BED + DEN CONDOS Everything about Muse is just right – from the location and timing to the quality, variety of floor plans, and exceptional value. The mid-rise building is centrally located in North Delta, an area that is being revitalized with a vibrant mix of new residential and commercial development. Suites are spacious and beautifully finished, with stunning city and mountain views. Fitness and social amenities complete the Muse lifestyle, and there’s retail convenience at your doorstep. It’s everything you wanted, and an opportunity you can’t afford to miss.
9015 120th Street Delta BC
MARKETED BY
LIVEATMUSE.COM This is currently not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E.
NOV 13 - 27, 2015 | NEW CONDO GUIDE 45
Property Profile | STREETSIDE DEVELOPMENTS
Location
Surrey Builder
StreetSide Developments Development
Chroma Home Type
Condominiums Sales Centre
15628 – 104th Avenue Contact
liveatchroma.ca 604.581.5399
large-format tile backsplash and ninefoot ceilings. In the kitchen there’s a large eating bar plus a connected, yet distinct area for formal dining — a feature seldom seen in condominium homes. And while every home has private outdoor decks or patios, the top floor balconies are, in a word, astonishing — some significantly more than 300 square feet with covered areas to allow all-weather, year round enjoyment.
Chroma Live Life in Full Colour
Close to Everything
Full Spectrum Living
“The Guildford neighbourhood has changed and evolved so much over the past few years,” Vanessa says. “It’s got schools, parks, shops, restaurants, and it’s a quieter, more residential alternative to the City Centre neighbourhood. Plus Chroma is only a few blocks from freeway access to the east and the revitalized Guildford Town Centre, new Aquatics Centre, and library to the west. Plus there’s a direct transit link to the SkyTrain to Vancouver right across the street.”
When it comes to smart design, Chroma’s got you covered. “We purposely kept the interior design simple and bright, so homeowners can incorporate punches of their favourite colours through accessorizing,” Vanessa says pointing out the kitchen’s
Chroma’s presentation centre and display homes are open noon to 5 p.m. daily except Fridays at 15628 – 104th Avenue in Surrey. For more information visit liveatchroma.ca or call 604.581.5399.
4 MORE PHOTOS ONLINE ypnexthome.ca/chroma
BOOK THE VAN, pack up your stuff,
and get set to move directly into your new home at Chroma. That’s right, this boutique collection of 29 apartment residences is completely finished, so you can be totally settled in for celebrating the upcoming holiday season. Now here’s the best part. All it takes is a five per cent deposit and you could own at Chroma. “For a limited time, the developer will buy down your mortgage so, depending on which suite you purchase, your monthly payment could be as low as $699,” explains Vanessa Isler, StreetSide’s 46 YPNEXTHOME.CA
director of sales and marketing. “In many cases, that’s cheaper than renting an equivalent apartment — which is encouraging many first time buyers to take the step from being a tenant to being a homeowner.”
SURREY/LANGLEY
NOV 13 - 27, 2015 | NEW CONDO GUIDE 47
Hot Properties
Find your new home. This page features a few of the latest condominiums to keep your eye on in the Metro Vancouver area. Or explore more homes at ypnexthome.ca
LATEST LISTINGS
THE SHORE BY ADERA
Note: Image of one listing will be supplied so there is some art on the layout. If one is not supplied, please ask for one.
Presentation centre coming soon for this collection of 39 luxury, Westside homes featuring one-, two-, and three-bedroom plans. Register today to be kept up to date. Info: 604.880.8312 www.levesonliving.com
new releases and grand openings ORCHID By: Quantum Properties Starting price: $199,900 City: Port Coquitlam Intersection: Wilson Avenue and Reeve Street Number of storeys: 4 Info: New, onsite showhome opens November 28th at these riverside condominiums located adjacent to the Traboulay Trails and just a few minutes walk from the eclectic offerings of downtown, transit, schools, and parks. Stop by the grand opening festivities and enter for a chance to win a FitBit www.orchidcondos.com or 604.866.4206
THE SHORE
PIXEL
previews and registration 57TH AND CAMBIE By: Onni City: Vancouver Intersection: 57th Avenue and Cambie Street Information is still under wraps, but priority registration is now underway for this upcoming addition to Vancouver’s Cambie Corridor neighbourhood. www.onni.com 48 YPNEXTHOME.CA
By: Thind Starting price: All homes under $399,900 City: Burnaby Intersection: Kingsway and Gilley Number of storeys: 4 Keep your eye on the developer’s site as priority registration opens soon for these condominium homes in the Edmonds/HighGate neighbourhood. www.thind.ca
THE LEVESON By: Coromandel Properties Starting price: Coming soon City: Vancouver Intersection: Granville and 62nd Avenue
By: Adera City: North Vancouver Starting price: $254,900 Intersection: Third Avenue West and Fell Street Number of storeys: 6 Info: Final phase of homes now selling with four display homes to check out. Extra large floorplans and decks plus some of the best views in the community. Be sure to check out The Shore Art Walk with four stunning sculptures commissioned from local artists. www.adera.com or 604.980.0016
Tell us your news Got a new development, opening, or other news you’d like us to feature in Condo Market Watch? Drop me a note at condomarketwatch@ypnexthome.ca, and we’ll do our best to get you in the next edition.
SURREY/LANGLEY
THE AREA’S MOST POPULAR COMMUNITY IS NOW SELLING ITS FINAL PHASE The Ridge is the area’s most popular community with Phase One and Two already fully sold out and completed. Only 4 homes in the Third Phase remain, and now we have a great selection to choose from in our Fourth and Final Phase.
4 AVAILABLE TO MOVE-IN THIS WINTER!
Come out today and see why The Ridge is so popular, while learning about the release of our latest homes in our Final Phase! Experience the Surrey Landmark and own your piece of history at The Bose Farm today.
NOV 13 - 27, 2015 | NEW CONDO GUIDE 49
Property Profile | RIZE ALLIANCE
Location
Surrey Central Builder
Rize Alliance Development
Wave Home Type
Condominium Sales Centre
Townhouse 8 – 13303 – 103A Avenue
5 MORE PHOTOS ONLINE
Contact
ypnexthome.ca/wave
Wave
604.782.0821 waveliving.ca
Architecture as Art
THERE’S ABSOLUTELY no mistaking
you’ve arrived at Wave. Located in Surrey’s new downtown, this spectacular residential tower from Rize Alliance has an undulating façade that’s innovative, dramatic, and totally unique — clearly this building not only blends form and function, it makes an artistic statement. And here’s good news, for a limited time when you purchase a home at Wave, you’ll save as much as $40,000 — which is a whole lot of cash to keep in your pocket. Here’s a hint: with this incentive you could own a two-bedroom, twobath home with den for $301,900. “Wave is simply the most affordably priced, new concrete development in this pocket of Surrey,” says Sean Stevens, sales manager. So it’s hardly a surprise that with Surrey poised to surpass Vancouver in population within the next few years, savvy buyers see Wave as a solid investment opportunity. “We’ve sold 12 50 YPNEXTHOME.CA
homes last month alone — many to local buyers. And since we’re so close to SFU, students see this as a chance to have a home while they’re at school and an investment property when they move forward with their careers.”
bike workshop, a car wash, and a pet grooming room with a tub — a feature dog owners love,” Sean says. “Plus every home has at least one onsite parking and a private storage area.” When you’re ready to talk convenience, Wave delivers. You’re literally steps to the new City Hall and SkyTrain stations, there’s an ever expanding array of shopping and dining options, plus the Surrey Hospital, Holland Park, and the Surrey Arts Centre are just down the road. And here’s a neat bonus. Wave is where you’ll find Nautilus: Surrey’s first residential public art installation. Very cool, very contemporary.
Celebrate Life Wave’s amenities, too, are definitely a hit with buyers. “In addition to a rooftop deck with barbeque area and a fully equipped gym, Wave provides a
Wave’s presentation centre is open noon to 5 p.m. Saturday through Wednesday at townhouse 8 – 13303 – 103A Avenue in Surrey. Better hurry though because only 18 homes remain.
“You’re literally steps to the new City Hall and SkyTrain stations, there’s an ever-expanding array of shopping and dining options...”
SURREY/LANGLEY
www.WaveLiving.ca
NOV 13 - 27, 2015 | NEW CONDO GUIDE 51
SURREY/LANGLEY
STRATA FEES INCLUDED FOR 12 MONTHS (Limited Time Offer) A dazzling collection of 51 condominium homes designed by award winning Creekside Architects. Located in the delightful Fleetwood “Village” neighborhood… a vibrant, pedestrian friendly community with everything at your doorstep, excellent schools, proximity to great shopping, restaurants, major transportation routes and recreational facilities galore.
PRICES START FROM
$284,900
INC. NET GST
604-800-9255 BONUS • Net GST • Washer, Dryer and Fridge Upgrades • $5,000 Decorating Allowance *Limited Time Offer. Can be withdrawn at any time.
www.WaveLiving.ca
52 YPNEXTHOME.CA
SURREY/LANGLEY
GROUP
NOV 13 - 27, 2015 | NEW CONDO GUIDE 53
Property Profile | BOSA PROPERTIES Location
Surrey Central Builder
Bosa Properties Development
University District Home Type
Condominium Sales Centre
13409 – 104th Avenue Contact
bosaproperties.com 604.588.5795
that University District will be the first project to be complete in this neighbourhood — so you’re not going to be waiting for years before you can move into your new space.” Purchasers, she adds, have been a diverse mix of people who plan to live at University District themselves as well as investors and parents giving their kids a places to call home while they’re attending SFU just down the road. “It’s going to create a really lively ambiance.”
3 MORE PHOTOS ONLINE ypnexthome.ca/university-district
University District Un-Real Estate IT’S BEEN THE TALK of the town since opening day. And now with construction nearing the 20th floor, University District continues impressing homebuyers in the heart of Surrey’s dynamic City Centre neighbourhood. “We’ve had a lot of sales activity in this area recently,” says Tasha Tylka, Sales Manager. “Sales have remained strong since our launch, and in the past few weeks alone we’ve sold over 15 homes. One of the driving forces of this activity is the fact 54 YPNEXTHOME.CA
Introducing BosaSPACE™ Also turning heads is the innovative BosaSPACE that made its debut at University District and continues redefining the concept of small-space living. There’s the kitchen’s ExtendTable, a SleepTheatre that turns into a single bed which doubles as a loveseat, plus an unique sliding wall system that transforms the bedroom and living room into a single open space for entertaining on a grand scale — like a couple of dozen friends and family. In short, this is smart design like you’ve never seen before. Close to What Counts University District’s proximity to everything is also a hit with the many young buyers who’ve fallen in love with University District. Just a block from a new library and the SkyTrain to downtown Vancouver, it’s also right across the street from the new City Hall — meaning your next door neighbour is a meticulously maintained, architecturally head-turning, and dynamic plaza. How cool is that? The University District presentation center and display homes are open noon to 5 p.m. every day at 13409 – 104th Ave. in Surrey. Prices start at $221,900. For more information visit bosaproperties.com or call 604.588.5795.
WILLOUGHBY. TOWN CENTRE.
VISIT BY NOVEMBER 30TH AND RECEIVE A GIFT CARD
This is the last opportunity to own a new home in Willoughby Town Centre for years to come. LOCATION, LOCATION, LOCATION. Willoughby Town Centre is the first and only pedestrian friendly mixed-use community in Langley. Living here means you will enjoy the convenience of having all of your daily essentials at your doorstep. Dine, shop, and socialize without having to get in your car or take transit. Homes at Kensington are move-in ready. Stop by for a tour. We think you will be impressed with the spacious layouts and quality designer finishings included with every home. PRESENTATION CENTRE
604.427.3311
liveatkensignton.ca
Open Saturday - Wednesday Noon to 5pm 20728 Willoughby Town Centre Drive, Buzz 213
Prices, incentive offered until November 30, 2015, and availability are subject to change without notice. In order to receive the incentive a registration card must be filled out in full. See a sales representative for details. E.&O.E. Sales and Marketing provided by Fifth Avenue Real Estate Marketing Ltd. 604-583-2212
NOV 13 - 27, 2015 | NEW CONDO GUIDE 55
What’s Online
Trending now The latest real estate news from across Canada
10 ways to organize a tiny kitchen
READ THE STORY ONLINE ypnexthome.ca/tiny-kitchen
We shoot, we score! New arenas boost real estate READ THE STORY ONLINE ypnexthome.ca/real-estate-boost
2016 market housing outlook
READ THE STORY ONLINE ypnexthome.ca/news/2016-housing-market
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SURREY/LANGLEY
NOV 13 - 27, 2015 | NEW CONDO GUIDE 57
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520 Como Lake Ave Presentation Centre #104 - 522 Clarke Rd 604.939.8868
PORT COQUITLAM A3. UPTOWN2
bosaproperties.com 604.939.2677
A4. HAZEL
A2. CHARLAND
2102 - 963 Charland Ave 604.492.3388
SEARCH ONLINE ypnexthome.ca
58窶ズPNEXTHOME.CA
827 Roderick Ave 604.937.2599
A5. EVERGREEN 3007 Dlen Drive 604.942.2672
A6. NOVELLA
711 Breslay St Presentation Centre #170 - 3355 North Rd (at Cameron St) 604.563.5777
B1. ORCHID
2455 Wilson Ave. 604.866.4206
B2. FREMONT GREEN
Fremont Connector 604.468.0084
B3. PRIMA
#110 - 2255 Ave 604.945.3999
Wilson GOLDEN EARS BRIDGE
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GRAN GRAND AN ND OPENING PENING G BONUS! BONUS ONUS US!
Orchid Riverside Condos PRICES STARTING FROM
$ $50 $5000 Deco Decorating eco Allowance* Allowa ance* nce*
$199,900
Orchid’s carefully crafted layouts showcase urban contemporary design inside and out with everything you love at your doorstep. Orchid is just 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.
SHOW SUITE HOURS: Starting November 28 Open Saturday & Sunday Noon - 6 PM Traboulay PoCo Trail
Orchid Riverside Condos
iver lam R
it Coqu
Gates Park
2495 Wilson Avenue, Port Coquitlam Building One Occupancy: Early 2016 Building Two Occupancy: 2017
*See Orchid sales staff for details
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.
NOV 13 - 27, 2015 | NEW CONDO GUIDE 59
Advice | MORTGAGE ADVICE
Global credit bubble causes market to pause By Alyssa Richard
THE FORECAST OF the global economy
fluctuates more often than not. One day, we hear that China’s stock crash is causing impending doom, and the next we’re told that everything is just fine. The International Monetary Fund (IMF) recently issued a warning about a weakening global economy. It says if U.S. rates rise, the developing world could see a plethora of corporate failures. And although the U.S. is doing better, their employment rates are steady – not growing – which means the economic superpower does not have the strength to pull the rest of the world out of a slump. This is added to the emergence of a global credit bubble. The IMF and World Bank are meeting in Lima, but rather than celebrating recovery and market successes, economic thought leaders will now be discussing a massive credit bubble that spans over many nations. Growth is slowing in emerging markets, such as Latin America, and it’s making investors wary, to say the least. Corporate debt in emerging markets has increased from $4 trillion to $18 trillion – with most of that growth occurring after the crash of 2008. The IMF believes that corporate liabilities in emerging markets are double their equity. (Four years ago, they were equal.) At home Even if the financial climate here in Canada remains stable, that doesn’t mean it can’t be disrupted by a region or
MORE ADVICE ONLINE ypnexthome.ca/news/advice
many regions having serious difficulties. And if the developed world – notably the U.S. and other strong economies, such as Canada – raise their rates, it can have serious consequences on emerging markets. The best thing for smart Canadian investors to do is to not only pay attention to what is happening at home but keep an eye on what is happening abroad. The annual meeting in Peru on Oct. 9-11 was to be a good indicator to how much we should actually be concerned about the global economy and what can be done to get things back on the right track. Canada has a good history of weathering global crises. In 2008, Canada’s economy fared better than most. More recently, we’ve been largely unscathed by the fallout from Greece. And we’ve been a beneficiary of trouble in Asia, as wealthy Chinese investors have turned to Canada as a safe place to keep their money.
In housing, variable and fixed mortgage rates are growing closer together, with only .53 per cent separating the two. If the Bank of Canada’s overnight rate rises, variable mortgage rates could close in on fixed mortgage rates, making fixed rates infinitely more desirable. The good news, if you have a variablerate mortgage, is that the BoC doesn’t seem to be in any hurry to raise rates. The opposite seems to be true: two rate cuts this year have eased Canadians’ mortgage burdens. And the major banks have only passed a portion of those rate cuts on to consumers, so there’s a good chance you won’t feel the pinch as much when rates start to trend higher. As rates in Canada and across the world continue to jump around, so too will mortgage rates. And while this is quite difficult to predict, it’s important to keep a watchful eye on global markets to be sure to make the right decisions in your own backyard.
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
60 YPNEXTHOME.CA
BETTER QUALITY, BETTER LOCATION, BETTER VALUE
MORE SPACE 1,022 SQ FT | 2 BED + 2 BATH + GREAT ROOM | FROM $500,000s
FINAL
OPPORUNITIES
SELECT YOUR HOME TODAY! 1 BEDROOMS FROM $290,000 2 BEDROOMS FROM $400,000 3 BEDROOMS FROM $500,000
604.939.8868 | CrownByBeedie.ca OPEN 12 – 5, SAT – THURS Burquitlam Plaza, #104 – 552 Clarke Rd
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.
Burnaby | New Westminster BARNET MARINE PARK
INL ET
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4189 Halifax Street 604.291.9130
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5021 Kingsway 604.456.0688
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B3. THE SAPPERTON EW AT BREWERY DISTRICT 285 Nelson's Court 604.525.3941
B4. RIVERSKY2
659 Columbia St 604.522.2583
A1. SAXON
7569 6th Street 604-515-7119
A2. REDBRICK
Presentation Centre 150A - 3355 North Rd 604-379-2191
4247 Lougheed Hwy. 604.294.8989 milanoliving.ca
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170 - 3355 North Rd 604.563.5777
Presentation Centre #104 - 552 Clarke Rd 604.939.8868
DEER LAKE
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A8. CROWN
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BOUNDARY RD
WILLINGDON AVE
BCIT
4567 Lougheed Hwy. 604.563.8386
Griffiths Dr & 14th Ave 604.527.7955
A12. GOLD HOUSE
6377 McKay Ave goldhouseliving.com
A13. BROOKMERE
Presentation Centre #150 - 3555 North Road
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THE AMAZING BRENTWOOD THREE.
MORE AM A ZING HOMES. SAME FUNDAMENTAL VALUES. We sold out towers BRENTWOOD ONE & TWO! Now we’re bringing you BRENTWOOD THREE which will continue giving homeowners unprecedented value in these 8 AMAZING WAYS:
THE VISION:
A 28-acre master-plan with everything you need
SERVICE & S E C U R I T Y:
24 hours a day, everyday
T R A N S I T AT YOUR DOOR:
SHOPPING & DINING:
A RT S , C U LT U R E & E N T E RTA I N M E N T:
HOMES & AMENITIES:
ENDLESS VIEWS:
VERIFIED VA L U E :
Seamlessly integrated on-site and at your door
The best home design and over 25,000 sq.ft. of extras
250+ shops & restaurants downstairs
From every home in all directions
In the one-acre central event plaza
Get unprecedented long-term investment value
N OW S E L L I N G. H O M ES S TA R T I N G FRO M $319,9 0 0. VISIT THE 3 AMAZING NEW SHOW HOMES TODAY.
BRENTWOOD ONE: SOLD OUT BRENTWOOD TWO: SOLD OUT
LI WIL
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4567 LOUGHEED HIGHWAY, BURNABY (BRENTWOOD MALL). OPEN DAILY12-5PM LEARN MORE & REGISTER AT THEAMAZINGBRENTWOOD.COM 604.563.8386 RENDERINGS ARE REPRESENTATIONAL ONLY. PRICES SUBJECT TO CHANGE WITHOUT NOTICE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES TO THE INFORMATION CONTAINED HEREIN. E.& O.E.
Property Profile | ARAGON
Architectural Pizzazz
5 MORE PHOTOS ONLINE ypnexthome.ca/portage
Portage Riverside Living at Port Royal Location
FULL DISCLOSURE: I love the concept of waterfront
New Westminster
living and I’m a long-time fan of Port Royal. Lively and engaging, this New Westminster master-planned community is one I’ve watched since the very first homes were built, and every time I visit, it impresses me more. So when Ameet Johal, director of sales and marketing, tells me the second building of Portage riverside condominiums will be released on November 14th, I’m excited. “These homes are all move in ready so you don’t have to wait — just book your movers and get ready to settle in,” she says adding that floor plans range from one-bedroom all the way to spacious three-bedrooms with over 1,400 square feet of living space.
Builder
Aragon Development
Portage Home Type
Condominiums Sales Centre
260 Salter Street Contact
aragon.ca or 778.398.1344 64 YPNEXTHOME.CA
From the street it’s clear Portage is going to be something unique within this oneof-a-kind community. Exteriors are an intriguing marriage of brick, wood, and what appears to be exposed concrete but is really a high tech Nishiha rain screen system. Landscaping, naturally, is lavish and will only get better over time. Today though, I’m here to see one of the just released, two-level penthouses. In a word, this home is breathtaking. And with three balconies — including a massive terrace off the master bedroom — there’s plenty of options to enjoy views of the Fraser River, the New Westminster city scape, and Port Royal’s many pocket parks all spread out directly outside. To my delight, like all Portage homes, the living room includes the reclaimed red brick feature walls that’s long been one of my favourite Aragon features. The kitchen is sophisticated and modernist with vertical subway tile, an eye-level integrated microwave in addition to the gas range, tons of storage space, and even a built-in espresso machine — meaning I don’t have to get out of my PJs to savour a great morning latté. Every detail meticulously designed to create an ambiance of luxury with a dash of fun and pure joie-de-vivre. So what are you waiting for? The Portage presentation centre and four display homes are open noon to 5 p.m. except Fridays at 260 Salter Street in New Westminster’s historic Queensborough neighbourhood. Priced from $309,900 to $689,900. For more information visit aragon.ca or call 778.398.1344.
RELEASED
NOV. 14TH
specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.
NOON SHARP
*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans,
OUR DESIGN FORWARD THINKING WILL MOVE YOU TO NEW HEIGHTS.
NEW HOMES
PORTAGE Portage is a collection of waterfront condo and loft homes. All homes feature a reclaimed brick wall and a built in Bosch coffee maker. Loft homes include rooftop patios and 20’ foot
ceilings. Ask about our limited time promotions. MOVE IN READY. 1-3 Bedroom + Den Homes $299,900-$692,900. 778.398.1344 or aragon.ca/portage 260 Salter St, New West #ARAGONFORWARD Aragon Properties Ltd. NOV 13 - 27, 2015 | NEW CONDO GUIDE 65
BURNABY/NEW WESTMINSTER
66窶ズPNEXTHOME.CA
Property Profile | CRYSTAL VIEW DEVELOPMENTS
Saxon
Love the Lifestyle
Location
STYLISH AND CONTEMPORARY, an intimate
Burnaby
collection of city homes is coming to Edmonds. Introducing Saxon, 20 two-bedroom and twobedroom plus den homes that put you steps from the diverse range of amenities that’s made this Burnaby neighbourhood a hit with all generations. From the street, Saxon’s contemporary, West Coast architecture is inviting and eye-catching with brick and glass accents, a playfully articulated façade, plus spacious balconies or terraces. Inside, Saxon homes are sunny and bright with all the sophisticated features you deserve —premium stainless steel appliances, wide-plank flooring, and quartz countertops. It’s all designed to make it easy to live life well.
Builder
Crystal View Developments Development
Edmonds Home Type
Condominiums Sales Centre
7569 Sixth Street Contact
saxonliving.com 604.515.7119
68 YPNEXTHOME.CA
Welcome to the ’Hood
where they have sports fields, a water spray park and even petting farm, in addition to all kinds of family-oriented activities year round. Or for a change of pace when you want to reconnect with nature, check out the hiking, canoeing and kayaking at Burnaby Lake.” Local shopping, she adds, is amazing. How’s this for a start? Within 10 minutes you could be browsing at Metrotown, Royal City Centre, or the New Westminster Quay. Just a little farther, and you’ll discover Lougheed Mall and Brentwood. “There’s also all kinds of local, boutique retailers plus Saxon will add some new, street-level retail of it’s own.”
“This is such a walkable, connected neighbourhood,” says Charmaine Betcher, project marketer. “The SkyTrain is about a five-minute drive and other transit connections are excellent. There are great restaurants in every direction, plus there are several movie theatres, or the Massey Theatre if you prefer live performances. You’re close to the Robert Burnaby Outdoor Pool, Moody Park Arena, Edmonds Community Centre, and Queen’s Park
Saxon offers 20 two-bedroom and two-bedroom plus den homes located at 7604 Sixth Street in Burnaby. Presentation centre now open noon to 5 p.m. daily except Fridays at 7569 Sixth Street (corner of Sixth Street and 15th Avenue). For more information visit saxonliving.com or call 604.515.7119.
QUALITY BUILT. PRIME LOCATION. SPACIOUS 2 BED & 2 BED + DEN HOMES
Saxon is an intimate collection of city homes situated in the very convenient Edmonds area of Burnaby. It’s a walkable neighbourhood, close to transit, shops, parks and schools. The 20 spacious 2 Bed & 2 Bed + Den homes are quality built and have all the modern luxuries you expect. And timing couldn’t be better to get into this rapidly growing neighbourhood.
COMING SOON
saxonliving.com
Presentation Centre Opens early Fall 2015 7569 6th St, Burnaby
604.515.7119
Site Address 7604 6th Street, Burnaby Corner of 6th Street & 15th Ave
This is currently not an offering for sale. Any such offering can only be made with a disclosure statement. E.&O.E.
LIMITED TIME PROMOTION
$ 10 , 0 0 0 O F F O N LY 1 2 H O M E S R E M A I N !
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 $375,900
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SALES CENTRE 285 NELSON’S COURT
E COLU MB IA ST
1 BEDS FROM $279,900
N O O N – 5 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 and incentives are subject to change without notice. E.&O.E.
KIN
GSW AY
RD
PRESENTATION CENTRE
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ROYAL OAK AVE
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MARLBOROUGH AVE
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NELSON AVE
WIL
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ON AVE
BURNABY/NEW WESTMINSTER
NOV 13 - 27, 2015 | NEW CONDO GUIDE 71
BRITISH COLUMBIA’S
NEW CONDO DEVELOPMENTS PROJECT
TYPE
CONTACT
PRICE
PROJECT
ABBOTSFORD
Abacus Uptown Mahogany at Mill Lake Waterleaf
604.309.7155 778.255.9990 604.850.3694
Call Call From $179,900
HR HR HR HR HR HR HR HR LR HR HR HR MR LR LR LR/TH LR HR HR LR LR HR HR HR
604.541.9517 604.456.8883 604.291.9130 604.563.8386 604.259.5991 libertyhomes.ca goldhouseliving.com cressey.com/kingscrossingbycressey/ 604.428.0210 604.439.8852 604.294.8989 604.456.0688 604.563.5777 604.431.6033 604.527.7955 604.833.1606 604-515-7119 604.298.8800 604.438.1113 604.807.4353 604.218.3338 604.936.1888 604.298.8800 604.874.9232
Call From $239,900 Call From $299,90 Call From $239,900 Coming Soon Coming Soon Coming Soon $467,900 From $298,900 Call Call Call From Mid $200’s From Low $200’s Coming Soon From Low $300’s Call From $279,900 From $249,900 From $340,900 From Low $300’s From $299,000
604.259.5991 604.492.3388 604.939.8868 604.942.2672 604.617.5570 604.937.2599 604.939.8874 604.941.8305 604.939.2677
Coming Soon Call From $280,000 From $284,900 Call From $220,900 From $234,900 From $363,900 From $278,900
COQUITLAM
Brookmere Charland Crown Evergreen Grand Central 3 Hazel Mackin Park The Windsor Uptown2
CONTACT
PRICE
NORTH DELTA
LR HR LR
BURNABY
Aldynne on the Park Altitude Aviara Brentwood Brookmere CentreBlock at Univercity Gold House Kings Crossing Madison & Dawson Midori Milano Modello Novella OakTerra Redbrick Savile Row Saxon Solo District Station Square Subora Trio The Park Metrotown Solo District Wall Centre Central Park
TYPE
HR LR HR HR HR LR LR HR HR Penthouse (PH)
Live Work (LW)
City Home (CH)
Delta Rise Muse
HR LR
604.594.7473 Liveatmuse.com
From $189,000 Coming Soon
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 Call From $159,900 Coming Soon From $199,900 Call From $139,900 From $179,900
LR LR LR LR LR LR LR
604.807.2423 604.477.1500 604.467.8884 604.467.0692 604.453.9278 778.878.1347 604.380.0300
From $189,900 Call Call Call From $157,900 From $164,900 From $189,900
HR LR LR LR LR HR MR HR LR LR
604.525.3941 604.520.9890 604.520.9890 604.523.0733 605.523.0733 604.523.0733 778.398.1344 604.523.0733 604.523. 0733 westbourneliving.com
From $279,900 From $218,900 Call Call Call Call Call From $289,900 Coming Soon Coming soon
604.971.3181 604.988.8800 604.983.9065 778.985.4676 604.929.5746 604.988.8540 604.929.1915
Call From $379,900 Call Call Call Call From $259,900
LANGLEY
Athenry Gate Cornerstone Elements Focal Point Kensington Murrayville House Varsity Yorkson Creek MAPLE RIDGE
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 Glass House Lofts Grove, The Lookout at Victoria Hill, The Parkside at Victoria Hill Portage RiverSky The Royal at Victoria HIll Westbourne NORTH VANCOUVER
x61 Anchor, The Atrium at the Pier Ave Boutique Res., The Cates Landing CentreView Destiny 2
High Rise (HR)
Mid Rise (MR)
Low Rise (LR)
LR/TH HR MR/TH LR LR/TH HR MR
Loft (LO)
Townhouse (TH)
BRINGING PEOPLE HOME CONNECTING BUYERS TO THE BEST NEW HOME OPPORTUNITIES IN METROPOLITAN VANCOUVER
FIFTHAVE.CA 72 YPNEXTHOME.CA
N E W H O M E S A L E S AND MARKETING EXPERTISE
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
TYPE
Cates Landing Maplewood North Northlands Pinnacle Residences at the Pier Tatlow The Drive 1177 The Residences at Lynn Valley Trophy at the Pier Seylynn Vilage Seymour Village Shore, The West Quay
LR/TH LR LR MR LR LR MR MR HR TH MR MR
CONTACT
PRICE
604.871.4126 604.727.1594 604.800.2120 604.983.9065 info@tatlowliving.com 604.986.8138 lynnvalleyresidences.com 604.983.9065 604.980,5000 604.924.0818 604.980.0016 604.988.8858
PROJECT
Call From $378,900 From $244,900 Call Coming Soon Call Coming Soon Call From Low $300’s From $699,900 From Low $200’s From $469,900
TYPE
Parc Riviera Park Residences at Minoru Pier, The Pinnacle Living at Capstan Pinnacle Living Sorrento Quintet Riva River Green River Inlet Tempo
CONTACT
PRICE
MR HR LR HR/MR/TH MR/HR HR MR MR MR/TH HR
604.231.5900 604.303.8878 604.274.7326 604.303.0148 604.303.0148 604.303.8878 604.278.8825 604.233.2633 604.233.2633 604.276.8885
From Low $200’s Call Call Call Call Call Call Call Call Call
TH/LR TH LR LR
1.877.344.5566 604.898.2232 604.568.5433 1.888.852.7575
From $239,000 Coming Soon From $167,900 Call
HR LR LR LR LR HR HR LR HR LR HR HR LR LR HR LR HR
604.957.3331 tiensher.com 604.581.5399 778.395.1886 604.530.5399 604.453.6688 604.497.0102 604.800.9255 604.583.9866 604.817.5852 liveprime.ca 604.498.3888 604.581.8000 604.888.514 604.588.5795 604.588.3783 604.951.9283
Call Coming Soon From $169,900 From $118,800 From $219,900 Call Call From $189,900 From $250,000 From $289,900 Coming Soon Call From $159,900 From $174,900 From $221,900 From $160’s From $291,900
LR LR
604.523.0733 604.576.1772
From $279,900 From $199,900
SQUAMISH / WHISTLER PITT MEADOWS
Cedar Downs Liv42
LR LR
778.846.3200 604.460.6601
Call From $134,900
LR LR LR LR LR LR HR LR
604.552.5887 604.657.9288 604.435.9477 604.349.9245 604.866.4206 604.945.3999 604.468.8252 604.468.8252
From $158,900 Call From $209,900 Call From $159,900 Call Call Call
HR
604.492.3338
Call
604.278.5809 604.276.2532 604.276.9186 604.276.0677 604.233.7748 604.273.1313 604.271.3331 604.278.0808 604.303.7575 604.278.8838 info@orchidbeedie.ca oxfordlane.ca
From $349,900 Call From $359,900 Call From $300,000’s From Low $300’s From $389,900 Call From $464,900 Call Coming Soon Coming Soon
PORT COQUITLAM
Altura Amanti on Welcher Carmandy Fremont Green Orchid Prima Residences Shaughnessy, The South Verde PORT MOODY
Station, The RICHMOND
Alexandra Court Alfa Avanti Camber Concord Gardens Elle Gardens, The Mandarin Walk Opal at Richmond Centre Ora Orchid by Beedie Oxford Lane
LR HR LR/HR LR/HR HR HR LR LR/TH HR HR HR TH Penthouse (PH)
Live Work (LW)
City Home (CH)
Aqua Elaho ParkHouse University Heights SURREY
3 Civic Plaza Balance Chroma Connect Esplanade at Waterstone G3 Residences Evolve Manarola Park Ave West Park Central Prime Prime on Plaza Quattro Ridge at Bose Farms University District Verve Wave CLOVERDALE
Grove, The One92
High Rise (HR)
Mid Rise (MR)
Low Rise (LR)
Loft (LO)
Townhouse (TH)
NOV 13 - 27, 2015 | NEW CONDO GUIDE 73
PROJECT
TYPE
CONTACT
PRICE
PROJECT
VANCOUVER & AREA DOWNTOWN
188 Keefer Addition Burrard Place The Charleson Eventide Fairmont Pacific Rim Estates Mark, The Private Residences at Hotel Georgia, The Tate Downtown Trump International Hotel and Tower® Vancouver Vancouver House
LR HR HR HR LR HR HR HR HR HR HR
604.620.2018 604.620.6692 burrardplace.ca 604.689.8535 604.783.1044 604.781.4303 604.687.4353 604.682.8107 604.568.8283 604.568.7888 604.893.8958
Call From $349,900 Coming Soon Call Call Call Call Call From $399,900 Call Call
604.893.1736 604.879.3257 liveatthegem.com 604.620.7886 604.688.5527 604.877.1116 604.779.0091 604.688.5566 604.879.8830 604.879.8830 604.437.5315 604.436.1100 604.303.8838 604.559.1070 604.874.9232
Call Call Coming Soon Call From $349,900 From $339,900 From low $200s Coming Soon $299,900 $299,900 From $364,900 Call From $219,900 Call From $299,900
604.828.3998 604.563.8336 604.563.8336 cressey.ca 604.620.8600 604.345.9000 604.738.0001 604.646.1111 604.682.8801 604.685.5778 604.876.9222 604.875.8508 604.662.3373 604.880.6880 604.733.2010 604.707.9378 604.418.6809
Call Call Call Coming Soon From $528,800 Call Call From $499,900 Call From $367,400 Call Call Call Call Call Coming Soon Call
EAST SIDE
188 Keefer HR East Park LR/CH Gem, The LR Kensington Gardens MR Local LR Main Street LR The Oxford LR Paragon MR One Town Centre at River District HR Three Town Centre at River District LR Rhythm MR Skyway HR View338 LR Vya MR Wall Centre Central Park HR WEST SIDE
1555 West Eighth 35 Park West 41 West 6th & Yukon 99 West Aperture Arbutus Ridge Binning Tower Block 100 Boulevard Private Residences Cambie Star Canvas Central Citti The Creek/Voda Epic at Tower Green Flora
LR/MR LR MR LR MR LR/TH MR HR HR LR MR MR HR MR HR HR TH
Penthouse (PH)
Live Work (LW)
City Home (CH)
TYPE
Granville at 70th HR Henry MR Kerrisdale Gardens MR Livingstone House LR MC2 HR Parc 26 MR/TH Midtown LR Monarch MR/TH Northwest HR Parc Elise MR/TH Park&Metro LR Pinnacle Living Broadway MR Pinnacle Living False Creek MR Prodigy MR One Town Centre at River District HR Two Town Centre at River District LR Shannon Wall Centre Kerrisdale LR Sota HR Sterling LR The Ivy LR The Leveson LR The Laureates HR The One HR The Spot MR Tower Green at West HR W10th & Maple MR/TH
CONTACT
604.687.2298 604.715.6060 604.559.9848 604.998.8988 604.638.9998 604.336.6380 604.563.3330 604.568.6883 604.325.5151 604.336.6380 604.325.8111 604.739.2080 604.874.8368 604.221.8878 604.879.8830 604.879.8830 604.267.8882 604.671.1025 604.428.8858 604.566.5888 604.880.8312 604.221.4450 604.874.8368 604.568.6886 604.707.9378 604.739.2080
Call Coming Soon From $540,900 From $639,900 Call Call Call From $444,900 Call Call Call Call Call From high $300s Now Previewing Coming Soon Call From 2.5 million Call Coming Soon Call Call Call From $269,900 Call Call
LR LR SF/LR
604.943.8811 604.948.2345 604.948.HOME
Call Call Call
HR MR LR LR
Cressey.com 604.922.0330 604.836.7355 cressey.com
Coming Soon Call From $490,000 Coming Soon
604.531.6659 604.560.0075 604.536.1663 778.545.8737 604.536.0256 604.538.8028 604.538.3237 604.560.3238
From $288,900 Call Call From $364,900 From $289,900 Call Call From $230’s
TSAWWASSEN
Brio Cityhomes Tsawwassen Springs WEST VANCOUVER
23rd and Bellevue Evelyn Galleries on the Bay Kerrisdale by Cressey
WHITE ROCK / SOUTH SURREY
Adagio Beverley Gemini Heights, The Newport at West Beach Royce Sausalito South Point Walk
High Rise (HR)
Mid Rise (MR)
Low Rise (LR)
LR MR LR LR LR LR LR LR
Loft (LO)
Townhouse (TH)
www.macmarketingsolutions.com We sell the homes you want to buy. /MacMarketingSolutions 74 YPNEXTHOME.CA
PRICE
@MAC_Marketing
/MACMSTube
Special Feature
Lougheed Heights A Community on the Rise Location
Coquitlam Builder
Bosa Properties/ BlueSky Properties Development
Lougheed Heights Home Type
Condominium Sales Centre
104 – 552 Clarke Road Contact
blueskyproperties.ca 604.939.2677
ONE OF METRO VANCOUVER’S fastest growing
urban hubs, West Coquitlam is a neighbourhood with exceptional connectivity to everywhere. And right at the heart of this desirable neighbourhood is Lougheed Heights, three elegant highrise residences that represent a partnership between Bosa Properties and BlueSky Properties — a community where progressive design is backed up by a solid reputation, leading insight, and over 50 years of homebuilding experience. In short, it’s quality you can count on. Then there’s Lougheed Heights’ proximity to — well, to everything. Want a few hints? Okay. Let’s start with shopping at Lougheed Town Centre just down the road, schools at all levels — including SFU, Douglas College and BCIT — parks, and transit including the existing Millennium Line as well as
the upcoming Evergreen Line. “Our buyers are looking for accessibility, and Lougheed Heights puts them in the perfect location,” says Daryl Simpson, Bosa Properties’ senior vice president.
Dazzling Amenities Back at home, the list of unbeatable amenities continues. “Club BlueSky will be located over three levels and will provide over 24,000 square feet of onsite amenities,” Daryl explains. Here are just some of the features that are thrilling homebuyers starting from the outside: outdoor pool with cabanas, barbeque area, al fresco dining space, firepits, and a kids’ play area.
“Our buyers are looking for accessibility, and Lougheed Heights puts them in the perfect location.” —Daryl Simpson
Owners will also have access to a state-of-the-art fitness centre with gym, sports courts and both sauna and steam rooms. “There will be a social lounge, formal dining room with chef’s kitchen, and two acoustically engineered music rooms for private recitals or practice,” Daryl says. “Since so many of today’s entrepreneurs are running home-based businesses, we’ve also included a full business centre with boardroom and individual workstations. It’s all about making life easier no matter how you live it.”
are luxurious retreats, and balconies are expansive for savouring the spectacular views to the North Shore Mountains or across the Fraser Valley. “The first, 39-storey tower offers homes ranging from oneto three-bedrooms, so there are options for first time buyers, upsizing families, and downsizers,” Daryl says. “And most of our one-bedroom homes incorporate the transformational BosaSPACE™ design that’s been so popular at University District and RiverSky.”
Homes to Delight
Lougheed Heights will be located at North Road and Foster Avenue in Coquitlam. Register now to be first in line for priority access. For more information, visit blueskyproperties. ca or call 604.939.2677.
Inside, these homes showcase the modern aesthetic. Italian cabinetry, integrated appliances, a gas cooktop, and quartz counters give kitchens a distinctly gourmet outlook. Ensuites
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RAVEN WOODS DR
STARTING AT $699,900
NOW SELLING | PURE NORTH SHORE LIVING WWW.SEYMOURVILLAGE.COM | 604 924 0818 590 RAVEN WOODS DR | NORTH VANCOUVER OPEN DAILY 12 - 5, EXCEPT FRIDAYS
PRICING AND AVAILABILITY SUBJECT TO CHANGE. THE DEVELOPER RESERVES THE RIGHT TO MAKE CHANGES AND MODIFICATIONS TO THE INFORMATION CONTAINED HEREIN WITHOUT PRIOR NOTICE. E.&.O.E.